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Matt Birk, React LLC Commissioner of Sports, Has Joe Namath Moment; Guarantees On-Time Kickoff of 2020 NFL Season

Friday, May 22, 2020 - 11:50pm

LARGO, Fla., May 22, 2020 /PRNewswire-PRWeb/ --Matt Birk, recently appointed as The Commissioner of Sports at React, LLC, took to the airwaves of KFAN FM 100.3 Minneapolis/St.

Key Points: 
  • LARGO, Fla., May 22, 2020 /PRNewswire-PRWeb/ --Matt Birk, recently appointed as The Commissioner of Sports at React, LLC, took to the airwaves of KFAN FM 100.3 Minneapolis/St.
  • Paul this morning, to make a bold prediction: the on-time start of the 2020 NFL Season.
  • "I declare, as the Commissioner of Sports, that there will be football this fall September 10, 2020.
  • The company's commitment to "respect, protect, and reward attention" honors user privacy by never selling or sharing personally identifiable information.

Williams-Sonoma, Inc. announces release date for first quarter 2020 results: Thursday, May 28, 2020

Thursday, May 21, 2020 - 10:00pm

Williams-Sonoma, Inc. (NYSE: WSM) announced today that it will release its first quarter 2020 results on Thursday, May 28, 2020 after the market close.

Key Points: 
  • Williams-Sonoma, Inc. (NYSE: WSM) announced today that it will release its first quarter 2020 results on Thursday, May 28, 2020 after the market close.
  • Following the release via the wire services, the Company will host a conference call beginning at 5:00 PM Eastern Time, which can be accessed at http://ir.williams-sonomainc.com/events .
  • Following the call, a replay of the webcast will be available at http://ir.williams-sonomainc.com/events beginning at 6:15 PM Eastern Time on Thursday, May 28, 2020.
  • These brands are also part of The Key Rewards, our free-to-join loyalty program that offers members exclusive benefits across the Williams-Sonoma family of brands.

Tern PLC: Wyld Networks Limited issues £1.1m of Convertible Loan Notes to Tern to replace existing Cash Flow Loan and announces new agreement

Wednesday, May 20, 2020 - 8:02am

HHVL is an independent company with a collaboration agreement with NHS Highland for the purpose of developing innovations in healthcare.

Key Points: 
  • HHVL is an independent company with a collaboration agreement with NHS Highland for the purpose of developing innovations in healthcare.
  • The Board of Tern believes that Wyld's technology may also have broader applications in helping other businesses get back to work.
  • By converting the cash flow loan monies due to Tern into the CLN, Tern is providing Wyld with balance sheet stability."
  • This conversion would take place at a 20% discount to the Wyld equity fundraise price or the exit price per Wyld share.

Wyld Issues Convertible Loan Notes

Thursday, May 7, 2020 - 8:01am

Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to announce that its portfolio company, Wyld Networks Limited ("Wyld"), has secured 400,000 from an investor to fund its growing pipeline of opportunities and for general working capital purposes, by way of an unsecured Convertible Loan Note facility ("CLN").

Key Points: 
  • Tern Plc (AIM: TERN), the investment company specialising in the Internet of Things ("IoT"), is pleased to announce that its portfolio company, Wyld Networks Limited ("Wyld"), has secured 400,000 from an investor to fund its growing pipeline of opportunities and for general working capital purposes, by way of an unsecured Convertible Loan Note facility ("CLN").
  • These funds will enable Wyld to continue on this upward trajectory towards the goal of securing a syndicated Series A funding round in due course."
  • This conversion would take place at a 20% discount to the Wyld equity fundraise price or the exit price per Wyld share.
  • The CLN is not transferable other than with the prior consent of Wyld and Tern and is subject to customary terms and conditions for such an instrument.

Dua Lipa and KIIS FM On-Air Personality JoJo Wright Host iHeartRadio Prom Across Stations Nationwide on May 8

Thursday, April 30, 2020 - 2:00pm

iHeartMedia announced today that Dua Lipa and 102.7 KIIS-FM on-air personality JoJo Wright will host the 2020 iHeartRadio Prom, an on-air celebration for high school students across the country having to forego this milestone due to the COVID-19 pandemic.

Key Points: 
  • iHeartMedia announced today that Dua Lipa and 102.7 KIIS-FM on-air personality JoJo Wright will host the 2020 iHeartRadio Prom, an on-air celebration for high school students across the country having to forego this milestone due to the COVID-19 pandemic.
  • The four-hour event will broadcast across stations nationwide on May 8 at 8pm local time, and will feature custom celebrity DJ mixes from Marshmello, Diplo, Dillon Francis, Martin Garrix, Loud Luxury and will.i.am.
  • Prom is such a significant milestone for high school students across the country, said KIIS-FM on-air personality JoJo Wright.
  • iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio product, using data from its massive consumer base.

Welbilt Completes Senior Secured Revolving Credit Facility Amendment

Monday, April 20, 2020 - 11:00am

Welbilt, Inc. (NYSE:WBT) announced today that it has amended its $400 million senior secured revolving credit facility (Revolver) to address the risk of non-compliance with the Revolvers financial covenants due to the COVID-19 pandemics impact on the commercial foodservice industry and the resulting demand for our products.

Key Points: 
  • Welbilt, Inc. (NYSE:WBT) announced today that it has amended its $400 million senior secured revolving credit facility (Revolver) to address the risk of non-compliance with the Revolvers financial covenants due to the COVID-19 pandemics impact on the commercial foodservice industry and the resulting demand for our products.
  • We are pleased to have completed the Revolver amendment early in the second quarter, stated Marty Agard, Welbilts Executive Vice President and Chief Financial Officer.
  • This amendment provides substantial covenant headroom over seven quarters, which will help to ensure continued access to our Revolver throughout this crisis and recovery period.
  • Welbilt, Inc. provides the worlds top chefs, premier chain operators and growing independents with industry-leading equipment and solutions.

Ford Foundation Appoints Depelsha McGruder as Chief Operating Officer and Treasurer

Wednesday, April 8, 2020 - 9:00pm

NEW YORK, April 8, 2020 /PRNewswire/ --The Ford Foundation today announced the appointment of Depelsha McGruder as the chief operating officer (COO) and treasurer.

Key Points: 
  • NEW YORK, April 8, 2020 /PRNewswire/ --The Ford Foundation today announced the appointment of Depelsha McGruder as the chief operating officer (COO) and treasurer.
  • McGruder will join Ford's executive leadership team in New York, overseeing the global operations and finance for the $13-billion foundation.
  • McGruder joins the foundation from New York Public Radio (NYPR), where she served as the chief operating officer, overseeing internal operations and strategic planning for WNYC, WQXR, Gothamist.com, The Greene Space, and New Jersey Public Radio since 2018.
  • During her tenure, McGruder led NYPR in strengthening the organization, cultivating a vibrant, values-driven culture, and improving key processes and systems.

Yappa World Inc. and iHeartMedia's KFI in Los Angeles Launch Digital "KFI Townhall"

Friday, April 3, 2020 - 5:00pm

To access the Yappa tool, Listeners can visit the Comments section on KFI Townhall.

Key Points: 
  • To access the Yappa tool, Listeners can visit the Comments section on KFI Townhall.
  • We are extremely pleased to see that our tool is able to help connect the Los Angeles Community safely during this time of collective uncertainty."
  • Content from yaps left by listeners will be aired on KFI Radio shows such as the John & Ken Show and Gary and Shannon.
  • iHeartMedia Los Angeles owns and operates KIIS-FM, KBIG-FM, KOST-FM, KRRL-FM, KYSR-FM, KFI-AM, KLAC-AM, KEIB-AM and is part of iHeartMedia.

Welbilt Announces Senior Management Changes

Tuesday, March 24, 2020 - 10:00am

Welbilt, Inc. (NYSE: WBT) announced two senior management changes today.

Key Points: 
  • Welbilt, Inc. (NYSE: WBT) announced two senior management changes today.
  • First, Keri Llewellyn has been appointed to the newly created role of Senior Vice President and Chief Commercial Officer, effective immediately.
  • Second, Matosevic will be leaving Welbilt on May 1, 2020 to pursue external opportunities.
  • View the full release here: https://www.businesswire.com/news/home/20200324005108/en/
    Keri Llewellyn, Senior Vice President and Chief Commercial Officer (Photo: Business Wire)
    Llewellyn joined Welbilt in January 2020 as Senior Vice President, Global Business Development.

Williams-Sonoma, Inc. announces release date for fourth quarter and fiscal year 2019 results: Wednesday, March 18, 2020

Wednesday, March 11, 2020 - 9:00pm

Williams-Sonoma, Inc. (NYSE: WSM) announced today that it will release its fourth quarter and fiscal year 2019 results on Wednesday, March 18, 2020 after the market close.

Key Points: 
  • Williams-Sonoma, Inc. (NYSE: WSM) announced today that it will release its fourth quarter and fiscal year 2019 results on Wednesday, March 18, 2020 after the market close.
  • Following the release via the wire services, the Company will host a conference call beginning at 5:00 PM Eastern Time, which can be accessed at http://ir.williams-sonomainc.com/events .
  • Following the call, a replay of the webcast will be available at http://ir.williams-sonomainc.com/events beginning at 6:15 PM Eastern Time on Wednesday, March 18, 2020.
  • In 2017, we acquired Outward, Inc., a 3-D imaging and augmented reality platform for the home furnishings and dcor industry.