TFI

First Phosphate and Craler Sign MOU for the Development of Global Logistical Competencies to and from the Saguenay-Lac-St-Jean region of Quebec, Canada

Retrieved on: 
Wednesday, February 28, 2024

"Smart logistics can lead to cost-savings, reduction of carbon footprint and satisfied clients in the automobile and stationary energy storage industries across North America."

Key Points: 
  • "Smart logistics can lead to cost-savings, reduction of carbon footprint and satisfied clients in the automobile and stationary energy storage industries across North America."
  • First Phosphate and Craler are to work together to make the economic, social and job creation benefits of their arrangement known to the Quebec, Canadian and US governments.
  • The Company has also granted 440,400 restricted share units of the Company ("RSUs") to two eligible consultants of the Company.
  • All securities issued are subject to a hold period of four months plus one day from the date of issuance.

EMPOWER Leads Foster Care Services for All Children and Families in the Metroplex East Region

Retrieved on: 
Friday, March 1, 2024

DALLAS, March 1, 2024 /PRNewswire/ -- EMPOWER, a nonprofit child welfare collaborative, now provides foster care case management, kinship and reunification services for all children and families in the Metroplex East region, after entering Stage II of the Community-Based Care (CBC) contract with the State of Texas on March 1, 2024. EMPOWER is led by Texas Family Initiative LLC (TFI) and is supported by local providers in North Texas, including CK Family Services, Jonathan's Place, The Bair Foundation and Pathways Youth and Family Services. EMPOWER will serve as the lead agency for the nine-county area that includes Dallas, Collin, Ellis, Fannin, Grayson, Hunt, Rockwall, Kaufman and Navarro counties.

Key Points: 
  • CBC is an innovative approach to traditional foster care services because it utilizes local nonprofits to outsource out of home placement and case management services.
  • Since September 1, 2023, EMPOWER has provided placement services in the Metroplex East Region.
  • For the first time in over five years, all children in the Metroplex East Region are placed in licensed placements.
  • Around 79% of those foster children were placed within the same Metroplex East region, and 37.8% were placed in their home county.

The Family Initiative (TFI) Becomes One of the Largest Community-Based Care Child Welfare Agencies in the U.S.

Retrieved on: 
Friday, March 1, 2024

Currently, the organization provides programming across the U.S. focused on strengthening children and families and creating stronger, healthier communities.

Key Points: 
  • Currently, the organization provides programming across the U.S. focused on strengthening children and families and creating stronger, healthier communities.
  • TFI's programs include foster and kinship care, adoption, behavioral health, clinical and prevention services, residential, placement and case management services, administrative services, and child welfare software services in nine different states.
  • Overall, TFI holds four CBC foster care case management contracts, and two family preservation contracts in Kansas.
  • TFI is also a founding member of the newly formed National Center on Community-Based Child Welfare, a resource that will be available to other child welfare agencies.

Ermenegildo Zegna Group Ends Full Year 2023 on a Strong Note With Accelerated Growth in the Fourth Quarter

Retrieved on: 
Wednesday, January 31, 2024

Ermenegildo “Gildo” Zegna, Chairman and CEO of the Zegna Group, said: “I am very proud of the Group’s success over the past year, which is demonstrated by our strong and continued revenues growth.

Key Points: 
  • Ermenegildo “Gildo” Zegna, Chairman and CEO of the Zegna Group, said: “I am very proud of the Group’s success over the past year, which is demonstrated by our strong and continued revenues growth.
  • For the full year 2023, Zegna Group generated revenues of €1,905 million, an increase of 27.6% year-over-year.
  • In the fourth quarter of 2023, the Group generated revenues of €570 million, an increase of 40.1% year-over-year.
  • Revenues growth in the fourth quarter of 2023 accelerated from the 20.8% year-over-year growth reported in the third quarter of 2023 (on a constant currency basis, revenues growth was 25.0% in the third quarter, with an organic growth rate of 11.3% for the same period).

Daseke to be Acquired by TFI International

Retrieved on: 
Friday, December 22, 2023

Addison, Texas, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (Daseke or the Company), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end markets, today announced that, with the unanimous approval of Daseke’s board of directors, it has entered into a definitive agreement to be acquired by TFI International Inc. (NYSE and TSX: TFII) (TFI International), a North American leader in the transportation and logistics industry, in an all-cash transaction that values Daseke at an enterprise value of approximately $1.1 billion.

Key Points: 
  • Addison, Texas, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (Daseke or the Company), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end markets, today announced that, with the unanimous approval of Daseke’s board of directors, it has entered into a definitive agreement to be acquired by TFI International Inc. (NYSE and TSX: TFII) (TFI International), a North American leader in the transportation and logistics industry, in an all-cash transaction that values Daseke at an enterprise value of approximately $1.1 billion.
  • TFI has a proven track record of successfully executing acquisitions that deliver value for its customers, shareholders, partners, and team members.
  • Upon closing of the transaction, Daseke’s common stock will no longer be listed on any stock exchange, and Daseke will operate its portfolio of brands as part of TFI International’s Truckload segment.
  • J.P. Morgan Securities LLC is serving as exclusive financial advisor to Daseke, and Kirkland & Ellis LLP is serving as Daseke’s legal advisor.

TFI International Agrees to Acquire Daseke for $8.30 in Cash per Common Share

Retrieved on: 
Friday, December 22, 2023

Management expects the transaction to be EPS-neutral to TFI International in 2024, and accretive by at least $0.50 per share in 2025 based on current market conditions.

Key Points: 
  • Management expects the transaction to be EPS-neutral to TFI International in 2024, and accretive by at least $0.50 per share in 2025 based on current market conditions.
  • After the merger, Daseke will continue to operate its portfolio of brands as part of TFI’s Truckload segment.
  • We extend a warm welcome to the Daseke team,” stated Alain Bédard, Chairman, President and Chief Executive Officer of TFI International.
  • Our immediate focus will be on improving Daseke’s financial results, with the strategic consideration to follow and be ongoing.”

AI-Powered Tumor Microenvironment Analysis Predicts Treatment Outcomes in NSCLC Patients with EGFR Mutation: Groundbreaking Studies to be Presented by Lunit at SITC 2023

Retrieved on: 
Wednesday, November 1, 2023

The study found that EGFR-TKI affects the immune landscape of EGFR-mutated NSCLC as higher PD-L1 expression and differential immune phenotypes.

Key Points: 
  • The study found that EGFR-TKI affects the immune landscape of EGFR-mutated NSCLC as higher PD-L1 expression and differential immune phenotypes.
  • Patients with an inflamed immune phenotype after EGFR-TKI treatment showed a more favorable response to subsequent immune checkpoint inhibitors (ICI) treatment.
  • Another study investigated the effect of tumor fragmentation index (TFI), the number of tumor fragments per total tumor area, in TME.
  • Visit Lunit's booth at SITC 2023 at Booth #227 to learn more about these pioneering studies.

Lunit to Reveal 6 Abstracts at the SITC 2023 Annual Meeting

Retrieved on: 
Wednesday, September 27, 2023

SEOUL, South Korea, Sept. 27, 2023 /PRNewswire/ -- Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, today announced the presentation of 6 abstracts featuring its Lunit SCOPE suite at the upcoming SITC 2023 (Society for Immunotherapy of Cancer 2023) Annual Meeting, scheduled to take place from November 1 to November 5, in San Diego, California.

Key Points: 
  • SEOUL, South Korea, Sept. 27, 2023 /PRNewswire/ -- Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, today announced the presentation of 6 abstracts featuring its Lunit SCOPE suite at the upcoming SITC 2023 (Society for Immunotherapy of Cancer 2023) Annual Meeting, scheduled to take place from November 1 to November 5, in San Diego, California.
  • The highlighted abstracts for SITC 2023 include:
    By analyzing the tumor microenvironment (TME) with Lunit SCOPE IO, one study explores the treatment response of non-small cell lung cancer (NSCLC) patients with EGFR mutations to immune checkpoint inhibitors (ICI) after acquiring resistance to EGFR tyrosine kinase inhibitors (TKI).
  • Visit Lunit's booth at SITC 2023 at Booth 227 to learn more about these pioneering studies.
  • To schedule a meeting with the Lunit team, please reach out to [email protected] .

The Franklin Institute Set to Launch $8.5 Million "Wondrous Space" Exhibit on November 4

Retrieved on: 
Thursday, September 14, 2023

PHILADELPHIA, Sept. 14, 2023 /PRNewswire/ -- The Franklin Institute today announced its newest core exhibit, Wondrous Space, an immersive, awe-inspiring journey through the marvels of space exploration, will open on Saturday, November 4, 2023. The $8.5M exhibit aims to feed curiosity about what lies beyond and inspire excitement for future advancements and the endeavors that await—from a return to the moon to groundbreaking travel to Mars.

Key Points: 
  • Exhibit themes include space, the human body, earth systems, the built environment, advanced machines and robotics, and computer science.
  • "The Franklin Institute is a world-renowned science museum that has been inspiring curiosity and creativity for 200 years," said Larry Dubinski, President and CEO of The Franklin Institute.
  • Wondrous Space marks the first time an external design team led the creative development of a core Franklin Institute exhibit.
  • Abby Bysshe, Chief Experience and Strategy Officer at The Franklin Institute, emphasized the importance of collaboration in creating the exhibit.

Zegna Group Reports Strong First-Half 2023 Financial Results

Retrieved on: 
Wednesday, September 13, 2023

As reported on July 27, 2023, the Group recorded revenues of €903.1 million for the first half of 2023, up 23.9% year-over-year thanks to the strong double-digit growth seen in the Zegna (+17.9%, or 23.8% organic growth) and Thom Browne (+11.9%, or 13.6% organic growth) segments.

Key Points: 
  • As reported on July 27, 2023, the Group recorded revenues of €903.1 million for the first half of 2023, up 23.9% year-over-year thanks to the strong double-digit growth seen in the Zegna (+17.9%, or 23.8% organic growth) and Thom Browne (+11.9%, or 13.6% organic growth) segments.
  • The Group recorded a profit margin of 5.8% for the first half of 2023, compared to 2.9% for the first half of 2022.
  • The Group’s revenues for the first half of 2023, reported on July 27, 2023, showed that the Group was on this trajectory, and the full 1H 2023 results comfortably confirm that.
  • The next scheduled announcement will be on October 24, 2023, in connection with the release of the Group’s 3Q 2023 revenues.