Progress

COLLEGE TRANSFER ENROLLMENT GREW BY 5.3% IN THE FALL OF 2023

Retrieved on: 
Wednesday, February 28, 2024

Herndon, Va, Feb. 28, 2024 (GLOBE NEWSWIRE) -- College transfer enrollment grew in the fall of 2023 by 5.3 percent compared to fall 2022 (+62,600), according to the latest report from the National Student Clearinghouse Research Center.

Key Points: 
  • Herndon, Va, Feb. 28, 2024 (GLOBE NEWSWIRE) -- College transfer enrollment grew in the fall of 2023 by 5.3 percent compared to fall 2022 (+62,600), according to the latest report from the National Student Clearinghouse Research Center.
  • Transfer enrollment represents 13.2 percent of all continuing and returning undergraduates, up from 12.5 percent last year and 12.3 percent in fall 2021.
  • The first portion of the report describes the enrollment, demographic characteristics, and transfer behaviors of 11.7 million undergraduate students in fall 2023, from a three-year fixed panel of institutions that consistently reported data in fall 2021 to 2023.
  • Two-year college students from middle and low neighborhood income backgrounds made large gains in transfer enrollment to more selective four-year colleges.

Progress Software Announces Proposed Convertible Senior Notes Offering

Retrieved on: 
Monday, February 26, 2024

The Notes will be Progress’ senior unsecured obligations.

Key Points: 
  • The Notes will be Progress’ senior unsecured obligations.
  • The interest rate, the initial conversion rate and the other terms of the Notes will be determined upon pricing of the offering.
  • This activity could increase (or reduce the size of any decrease in) the market price of Progress’ common stock or the Notes at that time.
  • In addition, if any such capped call transaction fails to become effective, whether or not the offering of the Notes is completed, the option counterparty party thereto may unwind its hedge positions with respect to Progress’ common stock, which could adversely affect the value of Progress’ common stock and, if the Notes have been issued, the value of the Notes.

Diageo North America expands ‘Don’t Trash Glass’ partnership to increase glass recycling across strategic regions in the U.S.

Retrieved on: 
Tuesday, March 5, 2024

Diageo North America announces 2.2 million pounds of glass collected in its first-year partnership with ‘Don’t Trash Glass’ in Illinois and is now expanding to the state of Kentucky.

Key Points: 
  • Diageo North America announces 2.2 million pounds of glass collected in its first-year partnership with ‘Don’t Trash Glass’ in Illinois and is now expanding to the state of Kentucky.
  • ‘Don’t Trash Glass’ is a campaign in collaboration with the Glass Packaging Institute and GlassKing Recovery & Recycling , to encourage more bars, restaurants and local businesses to collect used glass bottles and improve regional recycling rates.
  • Through ‘Don’t Trash Glass’, Diageo North America has the goal to help increase glass recycling in both states where the company has multiple production facilities.
  • Packed with potential, the ‘Don’t Trash Glass’ program is expected to start operating in the state this spring and support efforts to increase glass recycling in the region.

SEEHER AND DENTSU RESEARCH SHOWS GLOBAL CONSUMERS BELIEVE MEDIA AND BRANDS BEAR A RESPONSIBILITY TO IMPROVE WOMEN'S EQUALITY

Retrieved on: 
Thursday, March 7, 2024

NEW YORK, March 7, 2024 /PRNewswire/ -- A new report finds that 82% of adults surveyed globally believe the media has a responsibility to improve women's equality, while 80% believe brands bear the same responsibility.

Key Points: 
  • Conducted by SeeHer , the global gender equality initiative within the ANA that champions the positive representation of women, in partnership with dentsu , "Global Perceptions of Progress on Gender Equality" uncovers viewpoints around gender equality and what role media and advertising play across cultures.
  • The study also revisits U.S. perceptions of gender equality by analyzing results from SeeHer and dentsu's first iteration of the research report from 2021.
  • "Global Perceptions of Progress on Gender Equality" uncovered numerous findings and insights, including:
    HOPE TURNS TO DISILLUSIONMENT IN THE U.S.
  • Research from "Global Perceptions of Progress on Gender Equality" found:
    However, the report found there are significant differences in how gender equality is perceived, addressed, and approached by region.

New actions from RBC to support client decarbonization efforts and the transition to a greener economy

Retrieved on: 
Wednesday, March 6, 2024

These actions are included as part of the release of the RBC Climate Report 2023 , an annual update from the bank on progress made against the bank's climate strategy.

Key Points: 
  • These actions are included as part of the release of the RBC Climate Report 2023 , an annual update from the bank on progress made against the bank's climate strategy.
  • "The actions we are announcing today will help support our clients in their efforts to reduce emissions, contribute to bringing more renewable energy online and provide needed capital to innovative climate solutions."
  • Absolute emissions from the oil & gas sector must decline over time as part of the transition to a net-zero economy.
  • This includes support for clients' decarbonization efforts alongside the acceleration of the bank's strategy to prioritize working with clients who are proactively taking steps to decarbonize.

Hyundai IONIQ 5 Named Among List of 2024 PARENTS Best Family Cars Awards

Retrieved on: 
Wednesday, March 6, 2024

With its long rangei and ultra-fast 800-volt/350kWii charging capability, IONIQ 5 seamlessly aligns with today's modern family life

Key Points: 
  • With its long rangei and ultra-fast 800-volt/350kWii charging capability, IONIQ 5 seamlessly aligns with today's modern family life
    FOUNTAIN VALLEY, Calif., March 6, 2024 /PRNewswire/ -- PARENTS has named the Hyundai IONIQ 5 as the Best Electric 5 Passenger SUV for Families in their 2024 Best Family Cars Awards .
  • The group conducted a thorough evaluation of over 140 cars and SUVs across 22 categories to determine the list of the Best Family Cars for 2024.
  • "We're extremely proud that the Hyundai IONIQ 5 has been recognized as PARENTS' Best Electric 5 Passenger SUV for Families this year," said Ricky Lao, director, product planning, Hyundai Motor North America.
  • Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company's Progress for Humanity vision.

CASE Once Again Endorses Classworks® Special Education Platform

Retrieved on: 
Tuesday, March 5, 2024

DULUTH, Ga., March 5, 2024 /PRNewswire-PRWeb/ -- The Council of Administrators of Special Education (CASE) has re-endorsed Classworks® for an additional three years. The CASE Executive Committee designated the award-winning platform as a CASE-endorsed product that delivers high-quality assessment and instructional resources to special education teachers and students.

Key Points: 
  • The CASE Executive Committee designated the award-winning platform as a CASE-endorsed product that delivers high-quality assessment and instructional resources to special education teachers and students.
  • DULUTH, Ga., March 5, 2024 /PRNewswire-PRWeb/ -- The Council of Administrators of Special Education (CASE) has re-endorsed Classworks® for an additional three years.
  • The CASE Executive Committee designated the award-winning platform as a CASE-endorsed product that delivers high-quality assessment and instructional resources to special education teachers and students.
  • CASE has recognized Classworks as a tool that "successfully addresses the inherent challenges of special education," since 2010.

Clearwater Analytics Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

BOISE, Idaho, Feb. 28, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN) ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced its financial results for the quarter ended December 31, 2023.

Key Points: 
  • Revenue: Total revenue for the fourth quarter of 2023 was $99.0 million, an increase of 19.8%, from $82.7 million in the fourth quarter of 2022.
  • Gross Profit: Gross profit for the fourth quarter of 2023 increased to $70.7 million, compared with $59.7 million in the fourth quarter of 2022.
  • Non-GAAP net income for the fourth quarter of 2023 increased to $24.1 million from $17.2 million in the fourth quarter of 2022.
  • Adjusted EBITDA: Adjusted EBITDA for the fourth quarter of 2023 was $30.0 million, up from $24.3 million in the fourth quarter of 2022.

BECTROL and IES Synergy Forge a Groundbreaking Alliance to Electrify North America with Next-Gen EV Fast Charging Solutions

Retrieved on: 
Tuesday, February 27, 2024

Electrifying News: BECTROL & IES Synergy Revolutionize EV Charging in North America with a new strategic partnership:

Key Points: 
  • Electrifying News: BECTROL & IES Synergy Revolutionize EV Charging in North America with a new strategic partnership:
    TORONTO, Feb. 27, 2024 /PRNewswire/ - In an electrifying leap forward for electric vehicle infrastructure, BECTROL and IES Synergy are thrilled to unveil their strategic partnership.
  • This alliance is not just a collaboration following our decade-long relationship; it's a significant milestone to revolutionize EV fast charging technology, promising to supercharge the North American EV landscape.
  • As a result, Bectrol is becoming the second fast charging station manufacturer in Canada, and the first for the 120-200 Kw range.
  • A Vision for Continuous Joint Innovation:
    As the partnership evolves, BECTROL and IES Synergy are already on the path to developing new, innovative charging solutions, further solidifying our commitment to advancing EV charging technology.

Stagwell's (STGW) Brand Performance Network Appoints Shannon Pruitt as Global Chief Marketing Officer

Retrieved on: 
Thursday, February 22, 2024

NEW YORK and LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- Stagwell's (NASDAQ: STGW) Brand Performance Network (BxP), today announced the appointment of Shannon Pruitt as Global Chief Marketing Officer. Shannon will be responsible for business development, marketing and communications globally for BxP, where she previously served as Global Chief Content & Partnership Innovation Officer.

Key Points: 
  • NEW YORK and LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- Stagwell's (NASDAQ: STGW) Brand Performance Network (BxP), today announced the appointment of Shannon Pruitt as Global Chief Marketing Officer.
  • Shannon will be responsible for business development, marketing and communications globally for BxP, where she previously served as Global Chief Content & Partnership Innovation Officer.
  • The Brand Performance Network flips the script by treating brand and performance as a single, unified action," said Shannon Pruitt.
  • After joining Stagwell in 2020, Shannon was elevated to Global Chief Content & Partnership Innovation Officer of BxP in 2021.