KFI

Klever Announces Major Investment Commitment of $20M from GEM Digital Limited

Retrieved on: 
Thursday, November 23, 2023

Zollikon, Switzerland--(Newsfile Corp. - November 23, 2023) - Klever is overjoyed to announce a defining moment in the pursuit of blockchain innovation: a remarkable $20 million investment commitment from GEM Digital Limited.

Key Points: 
  • Zollikon, Switzerland--(Newsfile Corp. - November 23, 2023) - Klever is overjoyed to announce a defining moment in the pursuit of blockchain innovation: a remarkable $20 million investment commitment from GEM Digital Limited.
  • This milestone is a giant leap forward, reinforcing the unwavering commitment to innovation and their goal to democratize and make finance accessible for all.
  • Klever is a p2p network for everyone and is the embodiment of the commitment to pursue the dream of creating the most user-friendly and inclusive blockchain ecosystem.
  • Klever strives to unravel the complexities of blockchain technology, transforming it into a user-friendly blockchain tool for daily life.

Addressing Food Insecurity: 13 Schools Partner with TCM in Huntington Beach this November

Retrieved on: 
Thursday, November 16, 2023

HUNTINGTON BEACH, Calif., Nov. 16, 2023 /PRNewswire-PRWeb/ --  Teacher Created Materials (TCM) is thrilled to announce its continued partnership with radio station KFI AM 640 and the non-profit organization Caterina's Club for the 13th annual Pastathon. This month-long initiative aims to gather donations of pasta, sauce, and funds to support Caterina's Club in its mission to provide access to nutritional food, stable housing, and job training for youth.

Key Points: 
  • TCM joins forces with 13 schools, KFI AM 640, and Caterina's Club for the 13th annual Pastathon.
  • HUNTINGTON BEACH, Calif., Nov. 16, 2023 /PRNewswire-PRWeb/ --  Teacher Created Materials (TCM) is thrilled to announce its continued partnership with radio station KFI AM 640 and the non-profit organization Caterina's Club for the 13th annual Pastathon.
  • This year, TCM is dedicated to exceeding last year's contributions of 8,282 pounds of pasta and sauce and $10,000 donation.
  • To further address the issue of food insecurity, TCM has developed a comprehensive Food Insecurity Toolkit for educators, available at www.teachercreatedmaterials.com/foodinsecurity .

Korean fire safety gear manufacturer, Summit Corporation becomes first domestic company to receive NFPA certification for their fire hood

Retrieved on: 
Tuesday, October 31, 2023

SEOUL, South Korea, Oct. 31, 2023 /PRNewswire/ -- Summit Corporation, a South Korean firefighting glove manufacturer, has obtained U.S. NFPA certification for the structural firefighting gloves and hoods it manufactures.

Key Points: 
  • SEOUL, South Korea, Oct. 31, 2023 /PRNewswire/ -- Summit Corporation, a South Korean firefighting glove manufacturer, has obtained U.S. NFPA certification for the structural firefighting gloves and hoods it manufactures.
  • Summit Corporation has become the first company in Korea to produce fire hoods with this certification, and is also the only domestic company to currently hold the same certification for its fire gloves.
  • The certified products made by Summit Corporation are their 'QU-27PBI' model structural firefighting gloves and the 'HD-21P' and 'HD-11P' model structural firefighting hoods.
  • By obtaining this NFPA certification, they have also become the only company in Korea with NFPA certification for these products.

Korean fire safety gear manufacturer, Summit Corporation becomes first domestic company to receive NFPA certification for their fire hood

Retrieved on: 
Tuesday, October 31, 2023

SEOUL, South Korea, Oct. 31, 2023 /PRNewswire/ -- Summit Corporation, a South Korean firefighting glove manufacturer, has obtained U.S. NFPA certification for the structural firefighting gloves and hoods it manufactures.

Key Points: 
  • SEOUL, South Korea, Oct. 31, 2023 /PRNewswire/ -- Summit Corporation, a South Korean firefighting glove manufacturer, has obtained U.S. NFPA certification for the structural firefighting gloves and hoods it manufactures.
  • Summit Corporation has become the first company in Korea to produce fire hoods with this certification, and is also the only domestic company to currently hold the same certification for its fire gloves.
  • The certified products made by Summit Corporation are their 'QU-27PBI' model structural firefighting gloves and the 'HD-21P' and 'HD-11P' model structural firefighting hoods.
  • By obtaining this NFPA certification, they have also become the only company in Korea with NFPA certification for these products.

Carrier Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, July 27, 2023

PALM BEACH GARDENS, Fla., July 27, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today reported strong financial results for the second quarter of 2023 and raised its full year revenue, adjusted operating margin and adjusted EPS guidance.

Key Points: 
  • PALM BEACH GARDENS, Fla., July 27, 2023 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, today reported strong financial results for the second quarter of 2023 and raised its full year revenue, adjusted operating margin and adjusted EPS guidance.
  • Given our strong performance in the first half of 2023, we are now raising full year guidance for organic revenue growth, adjusted operating margin, and adjusted EPS," said Carrier Chairman & CEO David Gitlin.
  • Carrier's second quarter sales of $6.0 billion were up 15% compared to the prior year and organic sales grew 6% over the same period.
  • Carrier updated the following guidance for 2023, which now reflects the deconsolidation of KFI as of its Chapter 11 filing date of May 14, 2023:

Industrial Fire Protection Company KFI Receives Court Approval of First Day Motions

Retrieved on: 
Wednesday, May 17, 2023

ASHLAND, Mass., May 17, 2023 /PRNewswire/ -- Kidde-Fenwal, Inc. (the "Company" or "KFI"), an industrial fire detection and suppression company, today announced that the Honorable Laurie Selber Silverstein of the United States Bankruptcy Court for the District of Delaware has granted the relief requested by the Company in key motions related to ordinary course business activities and matters related to case management (the "First Day Motions"), including the continuation of employee wages and benefits.

Key Points: 
  • A hearing to consider final relief on the remaining First Day Motions will take place on June 23, 2023 at 10:00 AM Eastern Daylight Time.
  • The First Day Motions were filed on May 14, 2023, in conjunction with KFI's petition for voluntary reorganization filed under chapter 11 of the United States Bankruptcy Code.
  • "Approval of our First Day Motions provides additional certainty to our customers, employees, suppliers and other stakeholders regarding our continued operation in the ordinary course following the commencement of our Chapter 11 sale process," said Stephen Hannan, Chairman of the Board of Directors of KFI.
  • For calls originating outside of the U.S., please dial +1 (949) 889-0128.

KBRA Analytics Announces GAAP Data on the KFI Platform

Retrieved on: 
Monday, May 8, 2023

KBRA Analytics is pleased to announce a series of platform upgrades on KBRA Financial Intelligence (KFI) aimed to provide an improved user experience leveraging GAAP data.

Key Points: 
  • KBRA Analytics is pleased to announce a series of platform upgrades on KBRA Financial Intelligence (KFI) aimed to provide an improved user experience leveraging GAAP data.
  • Enhanced view of GAAP data via the KFI web platform and Excel add-in for public U.S. financial institutions.
  • Ability to conduct a time series analysis on more granular GAAP data.
  • In addition to offering GAAP data for public U.S. financial institutions, KFI will expand coverage to include public broker-dealers, insurance companies, and REITs.

Krasdale Foods Inc. Opts for the HIMPACT Inventory Management System to Fortify Existing Purchasing Solutions and Obtain Greater Buying Capabilities

Retrieved on: 
Thursday, May 4, 2023

CAMBRIDGE, Mass., May 4, 2023 /PRNewswire-PRWeb/ -- Herlitz Inventory Management (HIM), leading innovator in scientific demand forecasting, replenishment, and optimization, announced that Krasdale Foods Inc. (KFI) will be switching to the HIMPACT purchasing system. Located strategically in the Bronx, New York, KFI is the leading distributor of groceries in the metropolitan area. From its state-of-the-art warehouse, Krasdale takes pride in servicing over 2,500 independent grocery locations and helping them meet their diverse and unique needs. The business has established itself as a reliable partner to its customers, which has contributed to its growth and success since 1908.

Key Points: 
  • Krasdale Foods Inc. selected HIMPACT by Herlitz Inventory Management as its new purchasing system in February 2023.
  • The HIMPACT System will help Krasdale Foods build up the foundation of its current solution before making a full transition to HIMPACT in the coming months.
  • CAMBRIDGE, Mass., May 4, 2023 /PRNewswire-PRWeb/ -- Herlitz Inventory Management (HIM), leading innovator in scientific demand forecasting, replenishment, and optimization, announced that Krasdale Foods Inc. (KFI) will be switching to the HIMPACT purchasing system.
  • Gus Lebiak, President and COO of Krasdale Foods Inc., commented, "We are glad to be partnering with Herlitz Inventory Management and to have access to their advanced inventory management solutions.

Key Financial’s Patti Brennan Ranks #137 in America’s Top 250 Wealth Advisors

Retrieved on: 
Thursday, April 6, 2023

For the second year in a row, Brennan was also the #1 rated Wealth Advisor in Pennsylvania by Forbes.

Key Points: 
  • For the second year in a row, Brennan was also the #1 rated Wealth Advisor in Pennsylvania by Forbes.
  • According to Forbes, “With fears of contagion in the banking sector hitting markets, wealth advisors are working overtime to ensure client assets are protected from the fallout.
  • As the President and CEO of Key Financial for over 30 years, Brennan provides comprehensive wealth management with integrated strategies that are unique to each client.
  • Brennan and her team also produce The Patti Brennan Show, a podcast dedicated to helping improve the listener's net worth.

Author Gina Grad's New Whimsical Children's Book 'My Extra Mom' Helps Stepmoms and Stepchildren Ease the Transition Into Their Blended Family

Retrieved on: 
Wednesday, February 22, 2023

The book, which launches on Wednesday, Feb. 22, 2023, focuses on fostering security and confidence in young children who are being introduced to a new parent/stepparent.

Key Points: 
  • The book, which launches on Wednesday, Feb. 22, 2023, focuses on fostering security and confidence in young children who are being introduced to a new parent/stepparent.
  • My Extra Mom strives to dispel the myth of the "Evil Stepmother" and offers a positive outlook on what a healthy "modern family" can look like.
  • This newly released children's book highlights the benefits of having an extra adult in a child's life who looks after them and loves them.
  • My Extra Mom is a reminder to non-nuclear families that there is plenty of community and extra love to go around.