Polk

SEC Charges Newell Brands and Former CEO for Misleading Investors About Sales Performance

Retrieved on: 
Friday, September 29, 2023

Washington, D.C.--(Newsfile Corp. - September 29, 2023) - The Securities and Exchange Commission today charged Newell Brands Inc., a Georgia-based consumer products company and its former CEO, Michael Polk, with misleading investors about Newell’s core sales growth, a non-GAAP (Generally Accepted Accounting Principles) financial measure the company used to explain its underlying sales trends.

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - September 29, 2023) - The Securities and Exchange Commission today charged Newell Brands Inc., a Georgia-based consumer products company and its former CEO, Michael Polk, with misleading investors about Newell’s core sales growth, a non-GAAP (Generally Accepted Accounting Principles) financial measure the company used to explain its underlying sales trends.
  • Both parties agreed to settle the SEC charges.
  • According to the order, Newell pulled sales forward into earlier quarters without adequate disclosure and engaged in accounting practices that were inconsistent with GAAP, while overriding its internal accounting controls.
  • Collectively, these measures gave the misleading appearance that Newell had achieved core sales growth in line with its targets and deprived investors of information relevant to an accurate and complete understanding of Newell’s actual sales trends.

American Battery Technology Company CEO Ryan Melsert to Discuss Company's Sustainable Solutions for US Critical Material Supply Chains at The Battery Show-North America

Retrieved on: 
Tuesday, September 12, 2023

ABTC CEO Ryan Melsert to share company’s sustainable solutions for US battery metals supply chains at The Battery Show.

Key Points: 
  • ABTC CEO Ryan Melsert to share company’s sustainable solutions for US battery metals supply chains at The Battery Show.
  • Melsert will join a panel of industry experts titled, "Overcoming Hurdles in Advanced Battery Recycling."
  • Panelists will share insights on the current and future roadblocks in the lithium-ion battery recycling industry and critical materials supply chains and discuss the future of the battery recycling landscape.
  • This year's conference, the largest advanced battery event in North America, is focused on trends in automotive electrification, including battery and electric vehicle (EV) technology.

OPAL Fuels Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023

OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, today announced financial and operating results for the three and six months ended June 30, 2023.

Key Points: 
  • OPAL Fuels Inc. (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL), a leading vertically integrated producer and distributor of renewable natural gas (RNG) and renewable electricity, today announced financial and operating results for the three and six months ended June 30, 2023.
  • “Our second quarter results benefited from higher RIN prices and improved Adjusted EBITDA margins in our Fuel Station Services segment.
  • The Polk County landfill RNG project, owned 100% by OPAL Fuels, started construction in June 2023 and we anticipate commercial operations beginning in the fourth quarter of 2024.
  • We remain on track to place at least 2.0 million MMBtu of RNG projects (representing OPAL Fuels’ proportional ownership) into construction in 2023.

Davis Polk Elects 12 New Partners

Retrieved on: 
Wednesday, July 5, 2023

Shanu Bajaj is a member of Davis Polk’s Mergers & Acquisitions practice in New York.

Key Points: 
  • Shanu Bajaj is a member of Davis Polk’s Mergers & Acquisitions practice in New York.
  • Sidney Bashago is a member of Davis Polk’s White Collar Defense & Investigations practice in New York.
  • Stephen Byeff is a member of Davis Polk’s Capital Markets practice in New York.
  • Lijun (Annie) Yan is a member of Davis Polk’s Corporate practice, currently practicing as a Registered Foreign Lawyer in Beijing.

Documentary from John Deere and Al Roker Entertainment Puts the Spotlight on Land Ownership Challenges Facing Black Farmers

Retrieved on: 
Tuesday, June 13, 2023

Without a clear title, Black farmers are unable to qualify for government assistance, equipment financing or agricultural programs designed to optimize their land.

Key Points: 
  • Without a clear title, Black farmers are unable to qualify for government assistance, equipment financing or agricultural programs designed to optimize their land.
  • In 2020, John Deere created the LEAP Coalition in partnership with the National Black Growers Council and the Thurgood Marshall College Fund to provide resources for farmers and landowners to resolve heirs' property issues.
  • Black land ownership peaked in 1910 at 16 to 19 million acres, which was about 14 percent of total arable land in the United States.
  • The documentary shines a spotlight on the challenges Black farmers and landowners' must navigate to preserve their land for future generations.

Davis Polk Welcomes Corporate Partners Thomas J. Malone and David J. Penna

Retrieved on: 
Monday, May 22, 2023

Davis Polk today announced that Thomas J. Malone and David J. Penna have joined the firm as partners.

Key Points: 
  • Davis Polk today announced that Thomas J. Malone and David J. Penna have joined the firm as partners.
  • Mr. Malone joins Davis Polk’s Mergers & Acquisitions practice and Mr. Penna joins the firm’s Finance practice.
  • “We are delighted to welcome Tom and David to Davis Polk as we continue to grow our preeminent M&A and finance teams,” said Neil Barr, Davis Polk’s Managing Partner.
  • “Tom has a broad-based and highly respected practice servicing both private equity and corporate clients,” said Will Aaronson, head of Davis Polk’s Mergers & Acquisitions practice.

Publix commemorates millionth tree planted with the Arbor Day Foundation

Retrieved on: 
Friday, May 19, 2023

For the seventh consecutive year, Publix Super Markets is supporting the Arbor Day Foundation by funding tree plantings to support reforestation projects throughout Florida.

Key Points: 
  • For the seventh consecutive year, Publix Super Markets is supporting the Arbor Day Foundation by funding tree plantings to support reforestation projects throughout Florida.
  • To commemorate the millionth tree planted and in honor of National Plant Something Day, a tree-planting ceremony was held at Bonnet Springs Park in Lakeland, Florida.
  • “We’re proud to commemorate the millionth tree milestone at Bonnet Springs Park alongside the Arbor Day Foundation,” said Publix CEO Todd Jones.
  • Moving forward, Publix plans to expand tree plantings to other states within the company’s operating area, creating an even more widespread impact.

Educational Services & Consulting (ESC) Announces Their Newest Scholarship Opportunity

Retrieved on: 
Thursday, May 18, 2023

CLERMONT, Fla., May 18, 2023 /PRNewswire-PRWeb/ -- Clermont, Florida-based Educational Services & Consulting (ESC), an industry leader in online certification for the 6-20 Accredited Claims Adjuster designation and the 4-40 Registered Customer Service Representative designation, is proud to announce the establishment of the Connie Hammond McChesney Developing Futures Scholarship at Polk State College in Winter Haven, Florida. The scholarship fund is designed to provide financial assistance to students who are considering pursuing education in insurance adjusting.

Key Points: 
  • The scholarship fund is designed to provide financial assistance to students who are considering pursuing education in insurance adjusting.
  • "Our hope is that this scholarship will provide entrance to insurance adjuster education that previously would not have been accessible.
  • To be eligible for the scholarship, students must review the eligibility requirements and complete the Polk State College Foundation General Scholarship Application.
  • All eligible students are encouraged to apply, and the applications will be reviewed and rated by the team at Educational Services & Consulting.

Cadent Unveils Measurement Marketplace for Advertisers within Cadent Aperture Platform

Retrieved on: 
Wednesday, May 17, 2023

NEW YORK, May 17, 2023 /PRNewswire/ -- Cadent, the largest independent platform for advanced TV advertising, announced today the launch of Aperture Platform's Measurement Marketplace, a turnkey measurement data and partner management solution for advertisers. Measurement Marketplace enables advertisers to browse Cadent's catalog of best-in-breed partners with a comprehensive list of available measurement report types, easily manage campaign exposure data and securely distribute it to partners, and leverage any of Cadent's pre-integrated measurement partners, or bring existing partnerships into Aperture.

Key Points: 
  • NEW YORK, May 17, 2023 /PRNewswire/ -- Cadent , the largest independent platform for advanced TV advertising, announced today the launch of Aperture Platform's Measurement Marketplace, a turnkey measurement data and partner management solution for advertisers.
  • Measurement Marketplace enables advertisers to browse Cadent's catalog of best-in-breed partners with a comprehensive list of available measurement report types, easily manage campaign exposure data and securely distribute it to partners, and leverage any of Cadent's pre-integrated measurement partners, or bring existing partnerships into Aperture.
  • Cadent is pleased to launch Aperture Measurement Marketplace with the support of world-class measurement providers:
    S&P Global Mobility is a leading provider of automotive intelligence to businesses throughout the automotive industry.
  • To learn more about Measurement Marketplace and the full Aperture Platform offering, visit our website: https://cadent.tv/platform/

Viant and S&P Global Mobility Deliver First-to-Market Solution for Service Campaign Effectiveness

Retrieved on: 
Tuesday, May 2, 2023

Viant Technology Inc. (NASDAQ: DSP), a leading people-based advertising technology company, and S&P Global Mobility, today announced a first-to-market solution to measure vehicle service campaign effectiveness.

Key Points: 
  • Viant Technology Inc. (NASDAQ: DSP), a leading people-based advertising technology company, and S&P Global Mobility, today announced a first-to-market solution to measure vehicle service campaign effectiveness.
  • Through this integration, Viant and S&P Global Mobility partnered with a leading global auto manufacturer to create a first-of-its-kind study measuring service campaign conversions.
  • Leveraging Polk Signals’ measurement solution, Viant was able to demonstrate a +35% lift in service transactions and increased purchase rate for the leading auto manufacturer.
  • “Working with Viant to deliver an inventive, unique offering which helps advertisers better evaluate the impact of service campaigns, creates better returns for clients in all automotive tiers.”