Projection

World Social and Emotional Learning (SEL) Research Report 2023-2028 Featuring Major Players - Committee for Children, EVERFI, RethinkEd, Nearpod, Newsela, Playworks, and Wings of Kids Among Others

Retrieved on: 
Friday, February 16, 2024

This report would help stakeholders understand the competitive landscape and gain insights to position their businesses better and plan suitable go-to-market strategies.

Key Points: 
  • This report would help stakeholders understand the competitive landscape and gain insights to position their businesses better and plan suitable go-to-market strategies.
  • The report would help stakeholders understand the market's pulse and provide them with information on the key market drivers, restraints, challenges, and opportunities.
  • Emotional Learning (EL) involves developing an individual's ability to make positive life choices, achieve intellectual success, and build a promising career.
  • But, with growing concerns about social and behavioral difficulties, indiscipline, emotional distress, and poor management, more educators are focusing on SEL solutions.

HONEYWELL ANNOUNCES QUARTERLY DIVIDEND

Retrieved on: 
Friday, February 16, 2024

CHARLOTTE, N.C., Feb. 16, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its Board of Directors has declared a quarterly dividend payment of $1.08 per share on the Company's common stock.

Key Points: 
  • CHARLOTTE, N.C., Feb. 16, 2024 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that its Board of Directors has declared a quarterly dividend payment of $1.08 per share on the Company's common stock.
  • The dividend is payable on March 15, 2024, out of surplus to holders of record at the close of business on March 1, 2024.
  • Honeywell is an integrated operating company serving a broad range of industries and geographies around the world.
  • Our business is aligned with three powerful megatrends – automation, the future of aviation and energy transition – underpinned by our Honeywell Accelerator operating system and Honeywell Connected Enterprise integrated software platform.

Royalty Pharma Reports Q4 and Full Year 2023 Results

Retrieved on: 
Thursday, February 15, 2024

In October 2023, Royalty Pharma drew $350 million under its existing unsecured revolving credit facility, which was repaid during the fourth quarter of 2023.

Key Points: 
  • In October 2023, Royalty Pharma drew $350 million under its existing unsecured revolving credit facility, which was repaid during the fourth quarter of 2023.
  • Royalty Pharma began repurchasing its Class A ordinary shares in April 2023 under a $1.0 billion multi-year share repurchase program.
  • During the fourth quarter of 2023, Royalty Pharma announced new transactions of up to $1.6 billion.
  • Royalty Pharma will host a conference call and simultaneous webcast to discuss its fourth quarter and full year 2023 results today at 8:00 a.m., Eastern Time.

Measuring market-based core inflation expectations

Retrieved on: 
Thursday, February 15, 2024

Abstract

Key Points: 
    • Abstract
      We build a novel term structure model for pricing synthetic euro area core inflation-linked
      swaps, a hypothetical swap contract indexed to core inflation.
    • The model provides estimates of market-based expectations for core inflation, as
      well as core inflation risk premia, at daily frequency, whereas core inflation expectations from
      surveys or macroeconomic projections are typically only available monthly or quarterly.
    • We
      find that core inflation-linked swap rates are generally less volatile than headline inflationlinked swap rates and that market participants expected core inflation to be substantially
      more persistent than headline inflation following the 2022 energy price spike.
    • In this paper, we aim to infer market-based core inflation expectations, which are otherwise
      not directly observable because no financial asset directly tied to core inflation exists.
    • We deem this second assumption reasonable because HICP inflation itself is a linear combination
      of core as well as energy and food inflation.
    • The level of 2 percent and relatively low volatility of
      long-term inflation expectations suggests that inflation expectations are firmly anchored at the
      ECB?s 2 percent inflation target.
    • This assumption appears reasonably uncontroversial,
      as core inflation is a sub-component of headline inflation, which the observable headline ILS
      rates are tied to.
    • Our estimates of core ILS rates reflect both market participants? genuine core
      inflation expectations and a core inflation risk premium, but our model explicitly allows for
      this decomposition.
    • The model-implied estimates of core ILS rates appear reasonable along several dimensions:
      (i) like realized core inflation is less volatile than headline inflation, the core ILS rates are less
      volatile than headline ILS rates, (ii) core ILS rates comove less with oil prices than headline
      ILS rates, (iii) the core inflation expectations, as reflected in core ILS rates, typically evolve
      similarly as the core inflation projections by Eurosystem staff, and (iv) consistent with market
      commentary at the time, core ILS rates suggest that market participants expected core inflation
      to be substantially more persistent than headline inflation following the 2022 energy price spike.
    • To the best of our knowledge, we are the first to price core ILS rates and decompose them into
      market-based expectations for and risks around the core inflation outlook.
    • Our approach to inferring core ILS
      rates from headline ILS rates, realized headline and core inflation as well as survey expectations
      for headline and core inflation is also related to Ang et al.
    • Relative
      to their study, we separately measure core inflation expectations and risk premia, we provide
      core inflation expectations at a higher-frequency, and we provide evidence on the causal effects

      ECB Working Paper Series No 2908

      6

      of monetary policy shocks on core inflation expectations and risk premia.

    • Specifically, we decompose the synthetic core ILS rates
      into average expected core inflation over the lifetime of the swap contract and a core inflation
      risk premium that compensates investors for core inflation risk.
    • In
      our model below, this term is constant over time and relatively small, so we will simply refer
      to the core inflation risk premium as the difference between the core ILS rate and the average
      expected core inflation over the lifetime of the swap contract.
    • 3.2

      Core ILS rates

      To have a joint model for headline and core ILS rates, we need one further assumption on the
      dynamics of realized core inflation.

    • The assumption that core inflation is driven by the same set of factors as headline inflation
      should be relatively uncontroversial: since headline inflation is a weighted average of core and
      food and energy inflation, it should reflect any factors driving core inflation.
    • If there are factors
      driving food and energy inflation, which do not show up in core inflation, then those factors
      should still show up in headline inflation.
    • In step two, to be able to infer the factor
      loadings of core inflation, we would regress realized core inflation onto the estimated latent
      factors to identify the additional parameters in equation (12).
    • Before the fourth
      quarter of 2016, the SPF did not ask respondents for their core inflation expectations, so we
      are not able to use survey-based information about core inflation before then.
    • Before
      2016, the fitted core inflation series is somewhat above the realized one, potentially reflecting
      that the model has limited information about core inflation over this early period due to the
      lack of information about core inflation from surveys.
    • This could have been the
      case if one of the factors moved core inflation and energy and food inflation in exactly offsetting
      direction, so the overall impact on headline inflation was exactly zero.
    • During 2021, for example, there were

      ECB Working Paper Series No 2908

      25

      Figure 7: Decomposition of synthetic core ILS rates
      2y core ILS

      5y core ILS

      5
      4

      5
      ILS

      premia

      exp

      4

      ILS

      premia

      exp

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2017 2018 2019 2020 2021 2022 2023

      -2
      2017 2018 2019 2020 2021 2022 2023

      10y core ILS

      5y5y core ILS

      5
      4

      5
      ILS

      premia

      exp

      4

      ILS

      premia

      exp

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2017 2018 2019 2020 2021 2022 2023

      -2
      2017 2018 2019 2020 2021 2022 2023

      Note: Synthetic core ILS rates decomposed into genuine core inflation expectations and core inflation risk
      premia.

    • ECB Working Paper Series No 2908

      26

      Figure 8: Decomposition of ILS rates
      2y ILS

      5y ILS

      5
      4

      5
      ILS

      premia

      exp

      4

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2006

      2010

      2014

      2018

      2022

      -2
      2006

      ILS

      2010

      10y ILS

      2018

      2022

      5
      ILS

      premia

      exp

      4

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2006

      2014

      exp

      5y5y ILS

      5
      4

      premia

      2010

      2014

      2018

      2022

      -2
      2006

      ILS

      2010

      premia

      2014

      2018

      exp

      2022

      Note: ILS rates decomposed into genuine core inflation expectations and core inflation risk premia.

    • We find that the headline inflation risk premium
      indeed does responds more strongly than the core inflation risk premium.
    • The key
      assumption underlying our approach is that traded headline ILS rates span core inflation, which

      ECB Working Paper Series No 2908

      35

      should be reasonably uncontroversial as core inflation is a sub-component of headline inflation.

    • We fit the model to euro area headline ILS rates, realized headline and core inflation, and
      both headline and core inflation expectations reported in the SPF.
    • Decomposing our core ILS rates into genuine core inflation expectations and core
      inflation risk premia shows that shorter maturities mainly reflect core inflation expectations,
      while the core inflation risk premium matters relatively more for longer maturities.
    • Our results suggest that a monetary policy tightening surprise significantly lowers
      near-term core inflation expectations, although less so than it lowers headline inflation expectations.

Projection-Mapping Feat Transforms Las Vegas' STRAT Tower Into A Bottle Of Tequila Don Julio 1942

Retrieved on: 
Wednesday, February 14, 2024

Lumen & Forge, in collaboration with Outdoor Solutions, illuminated the Las Vegas skyline by projection mapping the iconic STRAT observation tower during Super Bowl weekend.

Key Points: 
  • Not only is the STRAT the tallest building in Las Vegas and Nevada, it is the tallest free-standing observation tower in the United States.
  • Tequila Don Julio, Mexico's original luxury Tequila, commissioned this projection of a large-scale image of their iconic 1942 bottle.
  • The projection content, crafted by Lumen & Forge 's creative team, was specifically designed to complement the renowned Tequila Don Julio 1942 bottle and the architectural nuances of the STRAT.
  • Adding to the spectacle, on Sunday night, the Super Bowl LVIII logo was projected onto the Tequila Don Julio 1942 bottle image, enhancing the celebratory atmosphere.

Abraham Lincoln Capital Airport Awarded Airport Business 2024 Projects of the Year - Sustainability

Retrieved on: 
Wednesday, February 14, 2024

Springfield, IL, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Springfield, IL – February 14, 2024 - In a monumental recognition of its innovative strides in sustainability and economic efficiency, Abraham Lincoln Capital Airport (KSPI), in collaboration with energy and sustainability leader Veregy, is honored to announce its selection as the Airport Business 2024 Projects of the Year – Sustainability.

Key Points: 
  • Springfield, IL, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Springfield, IL – February 14, 2024 - In a monumental recognition of its innovative strides in sustainability and economic efficiency, Abraham Lincoln Capital Airport (KSPI), in collaboration with energy and sustainability leader Veregy, is honored to announce its selection as the Airport Business 2024 Projects of the Year – Sustainability.
  • The Airport Business 2024 Projects of the Year – Sustainability award is a testament to Abraham Lincoln Capital Airport's commitment to pioneering environmental practices and operational excellence.
  • The selection of Abraham Lincoln Capital Airport as the Airport Business 2024 Projects of the Year – Sustainability underscores its exceptional achievements in sustainability and financial management.
  • Abraham Lincoln Capital Airport was named the 2020 Primary Airport of the Year by the Illinois Department of Transportation.

Great Lakes Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 14, 2024

HOUSTON, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • Lasse Petterson, President and Chief Executive Officer commented, “We ended the year strong with solid fourth quarter results.
  • Gross margin percentage increased to 21.3% in the fourth quarter of 2023 from -11.0% in the fourth quarter of 2022 partially due to improved project performance.
  • Great Lakes cautions investors that any forward-looking statements made by Great Lakes are not guarantees or indicative of future performance.
  • Great Lakes' future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties.

Urban Edge Properties Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 14, 2024

The Company is providing a projection of anticipated net income solely to satisfy the disclosure requirements of the Securities and Exchange Commission.

Key Points: 
  • The Company is providing a projection of anticipated net income solely to satisfy the disclosure requirements of the Securities and Exchange Commission.
  • There can be no assurance that our actual results will not differ from the guidance set forth above.
  • The Company uses certain non-GAAP performance measures, in addition to the primary GAAP presentations, as we believe these measures improve the understanding of the Company's operational results.
  • Our website also includes other financial information, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and amendments to those reports.

Paris comes to London in time for half term: Westminster Abbey unveils Notre Dame de Paris, The Augmented Exhibition

Retrieved on: 
Wednesday, February 14, 2024

The exhibition takes visitors on an interactive journey through Notre Dame's past.

Key Points: 
  • The exhibition takes visitors on an interactive journey through Notre Dame's past.
  • Notre Dame de Paris, The Augmented Exhibition is part of Fraternité, a spring season of events at Westminster Abbey celebrating the links between the UK and France with music, talks and events.
  • We are very grateful to the L'Oréal Groupe for making this exhibition a reality, and are honoured to be presenting it at Westminster Abbey.
  • We are particularly thrilled that Westminster Abbey will host this exhibition in 2024, a year which coincides with the much-anticipated reopening of Notre Dame after a fiveyear reconstruction period."

Golf Pro Delivered Transforms Plain Spaces Into Immersive Golf Simulator Experiences with Epson Projectors

Retrieved on: 
Tuesday, February 13, 2024

LOS ALAMITOS, Calif., Feb. 13, 2024 /PRNewswire/ -- Golf Pro Delivered has built a business around creating impactful and impressive custom golf simulators across residential, corporate and hospitality locations. As one of the top golf simulator installers in the country, Golf Pro Delivered constructs immersive displays that envelop users in a realistic golf experience. In need of commercial-grade projectors that seamlessly integrate with golf simulator technology and deliver eye-popping color and high brightness, Golf Pro Delivered works closely with the Epson team to identity the ideal 3-chip 3LCD projector solution based on the parameters of each installation.

Key Points: 
  • As one of the top golf simulator installers in the country, Golf Pro Delivered constructs immersive displays that envelop users in a realistic golf experience.
  • In need of commercial-grade projectors that seamlessly integrate with golf simulator technology and deliver eye-popping color and high brightness, Golf Pro Delivered works closely with the Epson team to identity the ideal 3-chip 3LCD projector solution based on the parameters of each installation.
  • "The golf simulator industry has really taken off in recent years and I've learned so much in the last seven years as a professional golf simulator installer," said Jeff Wibben, founder and CEO, Golf Pro Delivered.
  • "Companies like Golf Pro Delivered are driving the golf simulator industry forward," said Philip Tierney, product manager, Epson America, Inc. "With the goal of creating realistic golf experiences without needing to set foot on the greens, we are honored that Golf Pro Delivered has chosen Epson projectors to bring the key visual element of their setups to life with bright, immersive images for their clients."