MLC

Mount Logan Capital Inc. Announces Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024
Sentinel, NEO, CLO, American Express, Income Tax Act, PwC, Growth, MLC, Insurance, EPS, Business, Acquisition, University, Galaxy Digital, Commerce, TSX, Investment, Silicon, Silicon Valley Bank, Policy, Corporation, Cryptocurrency

TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- Mount Logan Capital Inc. (NEO: MLC) (the “Company” or “Mount Logan”) announced today its financial results for the fourth quarter and fiscal year ended December 31, 2023. All amounts are stated in United States dollars, unless otherwise indicated. The financial results have been adjusted for the adoption of IFRS 17 Insurance Contracts (“IFRS 17”) which became effective January 1, 2023.

Key Points: 
  • The financial results have been adjusted for the adoption of IFRS 17 Insurance Contracts (“IFRS 17”) which became effective January 1, 2023.
  • Fourth quarter asset management revenues excludes $1.3 million of management fees associated with Mount Logan’s management of the assets of Ability Insurance Company (“Ability”), a wholly-owned subsidiary of the Company, during the fourth quarter of 2023, which increased by 82% as compared to the fourth quarter 2022 of $0.7 million.
  • Ability’s total assets managed by Mount Logan increased to $537.1 million for fiscal 2023, up $200.2 million from fiscal 2022 managed assets of $336.9 million.
  • Adjusted basic EPS was $(0.44) for the 2023 fiscal year, a decrease of $(2.74) from $2.30 for the 2022 fiscal year.

Solid State Cooling Market worth $1.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 27, 2024
Cloud, Genomics, External, SLC, Urbanization, MLC, Biomedical Research, Transport, Enterprise, Molecular biology, NvSRAM, USB, PMC, Statistics, PCR, FRAM, Biotechnology, EVS, Row, Form, Air conditioning, Electronics, DNA, PCI Express, TLC, USB flash drive, Payment card, Region, Polymerase chain reaction, EEPROM, SAS, Agriculture, SATA, Refrigeration, Food, Authentication, PCI, Resistive random-access memory, LED, Defense, Temperature, Consumer electronics, Growth, Access management, SSD, LAN, Internal, MRAM, Content, Near-field communication, EPROM, Protection, Coherent Corp., NRAM, Government, Hardware, Adhesive

Solid state cooling market for electrocaloric technology to hold the highest CAGR during the forecast period.

Key Points: 
  • Solid state cooling market for electrocaloric technology to hold the highest CAGR during the forecast period.
  • Solid state cooling market for thermocycler type to hold the highest CAGR during the forecast period.
  • Solid state cooling market for automotive vertical to hold the highest CAGR during the forecast period.
  • These players have a strong market presence for Solid state cooling s across various North America, Europe, Asia Pacific, and RoW countries.

BayCare's St. Joseph's Women's Hospital Achieves Level IV Maternal Care Certification from The Joint Commission

Retrieved on: 
Thursday, March 21, 2024
Consensus, Mother, RN, Disease, Certification, Culture, Cone Health Women's Hospital, Level, Central Florida, Woman, Joint Commission, MLC, Mental, Partnership, Education, Verification, DNP, Patient, Mental health, Mortality, Anesthesiology, University, MBA, American College, OCC, Hospital, ACOG, Health, Nursing

TAMPA, Fla., March 21, 2024 /PRNewswire/ -- BayCare, the leading health care system in West Central Florida, today announced that St. Joseph's Women's Hospital has attained the highest level of certification in Maternal Care by The Joint Commission, the nation's oldest health care accrediting organization.

Key Points: 
  • TAMPA, Fla., March 21, 2024 /PRNewswire/ -- BayCare, the leading health care system in West Central Florida, today announced that St. Joseph's Women's Hospital has attained the highest level of certification in Maternal Care by The Joint Commission, the nation's oldest health care accrediting organization.
  • As a Level IV maternal care verified facility, St. Joseph's Women's Hospital is recognized for its commitment to providing exceptional maternal healthcare services.
  • "The Joint Commission commends St. Joseph's Women's Hospital for being named a Level IV maternal care verified facility and for its efforts to standardize maternal care and reduce maternal morbidity and mortality," says Ken Grubbs, DNP, MBA, RN, executive vice president of Accreditation and Certification Operations and chief nursing officer, The Joint Commission.
  • "The Maternal Levels of Care Verification program will help St. Joseph's Women's Hospital strengthen regionalized care for mothers and babies in its community."

Mount Logan Capital Inc. Announces Continued Partnership with Specialized Credit Manager. Separately Announces Closing of Debenture Units Offering

Retrieved on: 
Monday, January 29, 2024
Philosophy, MLC, Finance Secretary (India), Corporation, Partnership, Insurance, Warrant, Risk, Investment, Acquisition, Offering, CI Financial, NEO, Growth, Security (finance)

Separately, Mount Logan today announced the closing of an opportunistic $18.8 million privately placed debenture units offering through the issuance of 18,752 debenture units (“Debenture Units”) on a non-brokered private placement basis (the “Offering”).

Key Points: 
  • Separately, Mount Logan today announced the closing of an opportunistic $18.8 million privately placed debenture units offering through the issuance of 18,752 debenture units (“Debenture Units”) on a non-brokered private placement basis (the “Offering”).
  • Since Mount Logan’s investment, Marret and Mount Logan have each benefited from access to broader credit investing skillsets.
  • Ted Goldthorpe, Chief Executive Officer and Chairman of Mount Logan, said, “A lot of strong momentum to start 2024 for Mount Logan.
  • Mount Logan shares our philosophy of delivering strong risk adjusted returns, and this partnership can create tremendous value for our clients.

Rob L. Jones elected board chair of Spire Inc.

Retrieved on: 
Thursday, January 25, 2024
Student, Austin, Texas, Spire Inc, MLC, Bank, University, Business, Sunoco, Merrill (company), McCombs School of Business, Retirement, Moses Austin, Growth

ST. LOUIS, Jan. 25, 2024 /PRNewswire/ -- The board of directors of Spire Inc. (NYSE: SR) announced that it has elected Rob L. Jones as board chair, effective January 25, 2024.

Key Points: 
  • ST. LOUIS, Jan. 25, 2024 /PRNewswire/ -- The board of directors of Spire Inc. (NYSE: SR) announced that it has elected Rob L. Jones as board chair, effective January 25, 2024.
  • He succeeds Ed Glotzbach, who retired after serving as board chair since 2015 and a board member since 2005.
  • "I am extremely confident that Rob Jones' leadership of the board will continue to serve the shareholders very ably."
  • "I am honored to take on the role of board chair and help Spire build on the success that I've had the opportunity to be part of during my almost eight years on the board," said Jones.

CMRRA and SX Works Global Publisher Services Sign Partnership Deal with COSCAP

Retrieved on: 
Thursday, January 18, 2024
Music, Composer, MLC, Partnership, CMRRA, Mechanical, Reproduction, Publishing

Enhancing the partnership, the SX Works Global Publisher Services division will help manage the end-to-end administration on behalf of COSCAP members with The Mechanical Licensing Collective (The MLC) in the United States.

Key Points: 
  • Enhancing the partnership, the SX Works Global Publisher Services division will help manage the end-to-end administration on behalf of COSCAP members with The Mechanical Licensing Collective (The MLC) in the United States.
  • COSCAP CEO Erica K. Smith Ph.D said: "COSCAP is proud to embark on this transformative journey with CMRRA and SX Works Global Publisher Services.
  • CMRRA and SX Works Global Publisher Services President Paul Shaver said: "We are honoured COSCAP has selected CMRRA and SX Works Global Publisher Services to manage their repertoire across the music ecosystem in Canada and with The MLC in the United States, leveraging our integrated musical works and sound recording databases, ensures accurate revenue collection for Barbadianos publishers and self-published songwriters.
  • CMRRA and SX Works Global Publisher Services take immense pride in embarking on this transformative journey alongside COSCAP."

MLC CAD Systems Acquires EQUIVAQ SOFTWARE to Enhance Data Management Solutions and Service

Retrieved on: 
Tuesday, January 16, 2024
Software, Other Manufacturing, Electronic Design Automation, Data Management, Engineering, Chemicals, Plastics, Technology, Manufacturing, Product data management, Database, Data management, Multimedia, MLC, Partnership, 3D printing, CAM, Acquisition, Formlabs, CAD, PDM

MLC CAD Systems, a leading value-added reseller for CAD, CAM, and 3D Printing solutions, announced today the acquisition of EQUIVAQ SOFTWARE, a distinguished Product Data Management (PDM) add-on and consulting services provider.

Key Points: 
  • MLC CAD Systems, a leading value-added reseller for CAD, CAM, and 3D Printing solutions, announced today the acquisition of EQUIVAQ SOFTWARE, a distinguished Product Data Management (PDM) add-on and consulting services provider.
  • MLC is excited to welcome EQUIVAQ customers while offering several exciting new capabilities to our customers.
  • EQUIVAQ has also fostered value stream content distribution solutions to interconnect your business processes with your product design cycle.
  • EQUIVAQ SOFTWARE has always focused on offering an end-to-end solution to improve the lives of SOLIDWORKS PDM Administrators and users, so MLC is an ideal match.

ADATA Industrial Releases SATA 31D Series Industrial-grade SSDs

Retrieved on: 
Monday, December 11, 2023
ECC, POS, TB, ADATA, WDC, SLC, Risk, LDPC, TLC, System, SSD, Information privacy, MLC, SATA, Memory, Solid-state drive, Computer data storage

The SATA 31D series of industrial-grade SSDs utilize 112-layer 3D TLC flash memory developed by WDC, boasting a P/E Cycle of 3,000 which is comparable to MLC.

Key Points: 
  • The SATA 31D series of industrial-grade SSDs utilize 112-layer 3D TLC flash memory developed by WDC, boasting a P/E Cycle of 3,000 which is comparable to MLC.
  • The 31D series also offers a variety of ultra-thin and compact mainstream specifications such as SATA 2.5-inch, M.2 2280, M.2 2242, and various capacity options from 128GB to 2TB.
  • The company’s SATA 31D series industrial-grade SSDs only utilize high-quality components and highly integrated firmware to ensure that system stability is not affected by environmental factors.
  • At present, ADATA Industrial’s SATA 31D series industrial-grade SSDs have been put into mass production and have been successfully introduced into leading POS machines and by touch screen computer manufacturers at home and abroad.

STMicroelectronics accelerates Edge AI adoption to help companies transform their products

Retrieved on: 
Wednesday, December 6, 2023
Stellar, Cortex, Suite, Anomaly, HP, Computer, Ecosystem, AWS, Desktop, API, Software, Temperature, System, Electronics, Ultra, MLC, Motion, STMicroelectronics, AI, Communication, Privacy, MCU, SW, STM32, CLI, Knowledge, Water, Engineering, Library, Machine learning, NN, ARM, MPU, STM, Data, HW, Intelligence, Algorithm, EV, Medical device

Geneva, Switzerland, December 6, 2023 -- STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, is introducing its comprehensive ecosystem offer for companies to transform their products with edge AI. The announcement of the ST Edge AI Suite, an integrated set of software tools free-to-use with ST hardware, takes the offer to customers one step further, enabling them to jumpstart the design and deployment of billions of connected, autonomous things embedding artificial intelligence locally. The ST Edge AI Suite will simplify the development of customers’ AI solutions exploiting ST’s broad range of hardware (general-purpose and automotive microcontrollers and microprocessors, smart sensors) and related tools for embedded AI optimizations. It will expand and integrate the multiple software tools, evaluation, and development kits introduced over the past 10 years, while leveraging the existing AI ecosystem of machine learning (ML) frameworks and key partners (such as Nvidia and AWS).

Key Points: 
  • The ST Edge AI Suite will simplify the development of customers’ AI solutions exploiting ST’s broad range of hardware (general-purpose and automotive microcontrollers and microprocessors, smart sensors) and related tools for embedded AI optimizations.
  • This combination will enable the transition to a more intelligent edge, empowering customers of any size to deploy edge AI more easily and build their vision of this connected future leveraging ST’s hardware portfolio.”
    A preview of the ST Edge AI suite capabilities was presented today at ST’s online Edge AI Summit .
  • The Suite will further enable this transformation by federating the tools and their users around a broader edge AI community.
  • Edge AI is a crucial technology for businesses to transform their products in today’s connected world by bringing intelligence and decision-making capabilities closer to the data source.

Kansas City Proton Institute Begins Cancer Treatments with Advanced MEVION S250i Proton Therapy System

Retrieved on: 
Friday, December 22, 2023
Oncology, Medical Devices, Health, Hospitals, Surgery, Radiology, Proton, Liver, Intensity, Proton therapy, Risk, Multimedia, Stomach, Physician, Lung, Breast, Spinal cord, KCPI, Brain, Doctor of Philosophy, MLC, Motion, Head, 3D, Neoplasm, Prostate, Esophagus, Patient, Radiation, Neck, Skin, Medical imaging

Kansas City Proton Institute (KCPI), the first physician-led proton therapy center in the Midwest, and Mevion Medical Systems announced today that the first four patients were treated at Kansas City Proton Institute on Dec. 19, with the MEVION S250i Proton Therapy System® .

Key Points: 
  • Kansas City Proton Institute (KCPI), the first physician-led proton therapy center in the Midwest, and Mevion Medical Systems announced today that the first four patients were treated at Kansas City Proton Institute on Dec. 19, with the MEVION S250i Proton Therapy System® .
  • (Photo: Business Wire)
    Kansas City Proton Institute recently opened the doors to its new facility that houses the region’s first Mevion compact proton therapy system.
  • The MEVION S250i system at KCPI also integrates an advanced 3D imaging system and will install the C-RAD Catalyst PT surface-guided tracking system, enabling a cutting-edge Image-Guided Proton Therapy configuration for high-precision patient positioning and intra-fraction motion management.
  • “We congratulate Kansas City Proton Institute for starting treatment with the Mevion proton therapy system,” said Tina Yu, PhD, chief executive officer and president of Mevion Medical Systems.