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Alcoa Corporation Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, January 18, 2023

The unfavorable sequential impact is $35 million, which includes amounts previously accrued through September 30, 2022 and the absence of any accruals for the fourth quarter 2022.

Key Points: 
  • The unfavorable sequential impact is $35 million, which includes amounts previously accrued through September 30, 2022 and the absence of any accruals for the fourth quarter 2022.
  • Production began in the second quarter 2022, and it is anticipated that it will ship approximately 34,000 metric tons in the first quarter 2023 (Alcoa share).
  • The Company expects lower Alumina Segment Adjusted EBITDA of approximately $55 million per quarter in comparison to the fourth quarter 2022, after excluding $35 million of non-recurrence for the Alumar refinery ARO adjustment and certain other non-recurring expenses from the fourth quarter 2022, starting in the second quarter 2023 and continuing through the fourth quarter 2023.
  • Alcoa will hold its quarterly conference call at 5:00 p.m. Eastern Standard Time (EST) on Wednesday, January 18, 2023, to present fourth quarter and full year 2022 financial results and discuss the business, developments, and market conditions.

Post-Pandemic Hangover Causing $555 Billion Headwinds for Brick and Mortar Retail as Shoppers Habitually Abandon Long Lines

Retrieved on: 
Friday, January 13, 2023

SAN CARLOS, Calif., Jan. 13, 2023 /PRNewswire/ -- New research commissioned by Zippin, a leading provider of checkout-free technology, reveals that the real cost of waiting in line at the store goes far beyond time wasted, with 92 percent of retailers admitting that wait times at busy periods have had a negative impact on their companies' revenues. Based on these findings, designed to reveal the state of retail post-pandemic, Zippin calculates that retailers are facing a $555 billion headwind as a result of shoppers leaving checkout lines.

Key Points: 
  • Based on these findings, designed to reveal the state of retail post-pandemic, Zippin calculates that retailers are facing a $555 billion headwind as a result of shoppers leaving checkout lines.
  • 80 percent of shoppers said since the pandemic they have had to stand in line more often when shopping in a retail store.
  • Over two-thirds of brick and mortar retailers said that the current tight labor market (where many find it hard to hire retail crew) is negatively impacting their revenues.
  • This, combined with the resulting long wait times at the checkout line, is causing a double whammy for retailers' bottom line.

Brain Corp Partners with Google Cloud to Introduce 'BrainOS® Inventory Insights', an Analytics Solution for Retailers

Retrieved on: 
Friday, January 13, 2023

BrainOS® Inventory Insights utilizes Google Cloud's Vertex AI Vision models, including the product recognizer and tag recognizer models, combined with Google Cloud's BigQuery, enabling Brain Corp to deliver this solution across retail segments at scale.

Key Points: 
  • BrainOS® Inventory Insights utilizes Google Cloud's Vertex AI Vision models, including the product recognizer and tag recognizer models, combined with Google Cloud's BigQuery, enabling Brain Corp to deliver this solution across retail segments at scale.
  • "We're proud to combine Google Cloud's AI and data analytics innovations with Brain Corp's leading-edge technology and industry know-how.
  • Brain Corp's new BrainOS® Inventory Insights solution will be featured in Google's booth #5607 at NRF, January 15-17, 2023 at the Javits Center in New York City.
  • Brain Corp will also showcase a new robotic design, developed with its next-gen BrainOS® Gen 3 autonomy platform .

School Discovery Day at The DoSeum to Feature Scavenger Hunt, More than Two Dozen Schools

Retrieved on: 
Friday, January 13, 2023

SAN ANTONIO, Jan. 13, 2023 /PRNewswire/ -- San Antonio school options range from microschools to classical schools to science schools, and everything in between. To support families in exploring their choices and navigating applications, San Antonio Charter Moms is hosting a day of music, fun, and learning at The DoSeum this National School Choice Week.

Key Points: 
  • SAN ANTONIO, Jan. 13, 2023 /PRNewswire/ -- San Antonio school options range from microschools to classical schools to science schools, and everything in between.
  • By visiting different school booths at the event, families can fill up their scavenger hunt sheet and earn tickets toward a gift card raffle.
  • The School Discovery Day at The DoSeum on Saturday, Jan. 21 is the largest in a series of six Discovery Days that San Antonio Charter Moms is hosting this school year to connect families with local schools.
  • In addition to the San Antonio School Discovery Day, Texans are celebrating with large school fairs in Fort Worth and Houston.

MINERVA UNIVERSITY EXPANDS WITH $20M GIFT FROM NETFLIX FOUNDER REED HASTINGS

Retrieved on: 
Friday, January 13, 2023

SAN FRANCISCO, Jan. 13, 2023 /PRNewswire/ -- Minerva University has announced that Netflix founder and philanthropist Reed Hastings will support the University with a $20M gift. With this generous donation, Hastings lays the foundation for Minerva University's long-term sustainable growth.

Key Points: 
  • SAN FRANCISCO, Jan. 13, 2023 /PRNewswire/ -- Minerva University has announced that Netflix founder and philanthropist Reed Hastings will support the University with a $20M gift.
  • Recognized by WURI as the world's most innovative university, Minerva University prepares new generations of wise leaders and purpose-driven entrepreneurs.
  • "I am honored that Reed Hastings recognizes the uniqueness of our approach at Minerva University and how we educate students to have a profoundly positive impact on the world," said Mike Magee, President of Minerva University.
  • "Reed's generous gift makes it possible for Minerva University to continue to scale, allowing many more students to obtain the best university education possible."

MINERVA UNIVERSITY EXPANDS WITH $20M GIFT FROM NETFLIX FOUNDER REED HASTINGS

Retrieved on: 
Friday, January 13, 2023

SAN FRANCISCO, Jan. 12, 2023 /PRNewswire/ -- Minerva University has announced that Netflix founder and philanthropist Reed Hastings will support the University with a $20M gift. With this generous donation, Hastings lays the foundation for Minerva University's long-term sustainable growth.

Key Points: 
  • SAN FRANCISCO, Jan. 12, 2023 /PRNewswire/ -- Minerva University has announced that Netflix founder and philanthropist Reed Hastings will support the University with a $20M gift.
  • Recognized by WURI as the world's most innovative university, Minerva University prepares new generations of wise leaders and purpose-driven entrepreneurs.
  • "I am honored that Reed Hastings recognizes the uniqueness of our approach at Minerva University and how we educate students to have a profoundly positive impact on the world," said Mike Magee, President of Minerva University.
  • "Reed's generous gift makes it possible for Minerva University to continue to scale, allowing many more students to obtain the best university education possible."

Vial Announces New Central Nervous System Scientific Advisory Board Member, Dr. Jacqueline French of the Epilepsy Study Consortium and NYU Grossman School of Medicine.

Retrieved on: 
Friday, January 13, 2023

Dr. French is a professor of neurology at the NYU Grossman School of Medicine, co-director of epilepsy clinical trials for NYU Langone Health's Comprehensive Epilepsy Center, and president, director, and founder of The Epilepsy Study Consortium.

Key Points: 
  • Dr. French is a professor of neurology at the NYU Grossman School of Medicine, co-director of epilepsy clinical trials for NYU Langone Health's Comprehensive Epilepsy Center, and president, director, and founder of The Epilepsy Study Consortium.
  • After receiving her medical education at Brown University, she completed a residency in neurology at Mount Sinai Hospital in New York.
  • Thereafter, she pursued further training through a fellowship in EEG and epilepsy at Mount Sinai Hospital and Yale University.
  • We are pleased to welcome Dr. French as she is an esteemed leader in clinical neurology research," said Simon Burns, CEO and Co-founder of Vial.

Ferrum Health Raises $6 Million to Bring Artificial Intelligence into Healthcare

Retrieved on: 
Thursday, January 12, 2023

SAN FRANCISCO, Jan. 12, 2023 /PRNewswire/ -- Ferrum Health , a healthcare artificial intelligence (AI) platform developer, announced that it has recently raised $6 million in a funding round led by Urban Innovation Fund , Cercano Management , and Singtel Innov8 .

Key Points: 
  • SAN FRANCISCO, Jan. 12, 2023 /PRNewswire/ -- Ferrum Health , a healthcare artificial intelligence (AI) platform developer, announced that it has recently raised $6 million in a funding round led by Urban Innovation Fund , Cercano Management , and Singtel Innov8 .
  • "We are excited to have the support of Urban Innovation Fund, Singtel Innov8, and Cercano Management in our mission to bring AI to healthcare," said Pelu Tran, CEO of Ferrum Health.
  • Ferrum has already seen significant traction for its Enterprise AI Platform, with major healthcare organizations such as Sutter Health and Carle Clinic adopting its technology.
  • Julie Lein, Managing Partner of Urban Innovation Fund, added: "Ferrum Health is building the 'Plaid for AI' in healthcare data.

GoPro Announces Fourth Quarter and Full Year 2022 Earnings Webcast

Retrieved on: 
Thursday, January 12, 2023

SAN MATEO, Calif., Jan. 12, 2023 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) today announced that it will release its financial results for the fourth quarter and year ended December 31, 2022, after the market closes on February 2, 2023.

Key Points: 
  • SAN MATEO, Calif., Jan. 12, 2023 /PRNewswire/ -- GoPro, Inc. (NASDAQ: GPRO) today announced that it will release its financial results for the fourth quarter and year ended December 31, 2022, after the market closes on February 2, 2023.
  • GoPro management will host a conference call and live webcast following the release at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the Company's financial results.
  • A webcast link and management commentary will be posted on the "Events & Presentations" section of the Company's Investor Relations website at gopro.com prior to the start of the call.
  • To listen to the live conference call, please call +1 833-927-1758 (US) or +1 929-526-1599 (International) and enter access code 900334.

Sempra Named to JUST 100 List for America's Most JUST Companies of 2023

Retrieved on: 
Thursday, January 12, 2023

SAN DIEGO, Jan. 12, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the prestigious JUST 100 list by JUST Capital, an independent nonprofit organization dedicated to measuring and improving corporate stakeholder performance.

Key Points: 
  • SAN DIEGO, Jan. 12, 2023 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) has been named to the prestigious JUST 100 list by JUST Capital, an independent nonprofit organization dedicated to measuring and improving corporate stakeholder performance.
  • Sempra's position among the top 100 companies on the list is credited to the company's commitment to investing in its workforce, scoring in the top 5% for pay equity, work-life balance, benefits and 401k quality, diversity, equity and inclusion policies and workforce demographics, among others.
  • "Our strength as a company comes from our high-performance culture, which is fueled by the diverse backgrounds and experiences of our employees.
  • "This year's JUST 100 leaders demonstrate that just business truly is better business."