DK

Delek Releases 2021-2022 Sustainability Report

Retrieved on: 
Thursday, January 5, 2023
ESG, Sustainability Accounting Standards Board, Sustainability, Disclosure, DK, DE, Total Recordable Incident Rate, Total, Sustainability reporting, NYSE, Social responsibility, Safety, Management, Delek

BRENTWOOD, Tenn., Jan. 5, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek") has issued its 2021-2022 Sustainability Report, reflecting the progress made in the company's environmental, social and governance (ESG) journey over the last year. The report is available on the Sustainability page of our website. 

Key Points: 
  • BRENTWOOD, Tenn., Jan. 5, 2023 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek") has issued its 2021-2022 Sustainability Report, reflecting the progress made in the company's environmental, social and governance (ESG) journey over the last year.
  • The report is available on the Sustainability page of our website .
  • "Delek is proud to lead the pack among our small to mid-cap industry peers in ESG matters, as evident in the strategy and performance detailed in the sustainability report we released today," said Avigal Soreq, President and CEO of Delek.
  • Recent achievements outlined in the 2021-2022 Sustainability Report issued today:
    Improved performance on environmental metrics and the disclosure of Delek's first freshwater consumption metric.

Delek US Announces 2023 Capital Program

Retrieved on: 
Wednesday, January 4, 2023
Permian, Growth, NYSE, DK, Maintenance, Oil, Retail

BRENTWOOD, Tenn., Jan. 4, 2023 /PRNewswire/ -- Today Delek US Holdings, Inc. (NYSE: DK) announced the 2023 capital spending budget of approximately $350 million on a consolidated basis.

Key Points: 
  • BRENTWOOD, Tenn., Jan. 4, 2023 /PRNewswire/ -- Today Delek US Holdings, Inc. (NYSE: DK) announced the 2023 capital spending budget of approximately $350 million on a consolidated basis.
  • Growth capital is largely allocated toward expanding the gathering business in the Permian basin.
  • Sustaining capital includes a planned turnaround at the Tyler Refinery in the first half of 2023.
  • The table below provides a breakdown of spending by segment as well as growth versus maintenance and regulatory spending.

Press release - Gender pay gap: deal reached on binding pay-transparency measures

Retrieved on: 
Thursday, December 15, 2022
Shift, DK, Workforce, Woman, European Parliament, Social Affairs Committee (French National Assembly), Union, European, Employment, Man, EP, Parliament, Inuit Tapiriit Kanatami v Parliament and Council, Directive, NL, Health insurance, Insurance, EU

Pay structures to compare pay levels should be based on gender-neutral criteria and include gender-neutral job evaluation and classification systems.

Key Points: 
  • Pay structures to compare pay levels should be based on gender-neutral criteria and include gender-neutral job evaluation and classification systems.
  • Vacancy notices and job titles will have to be gender neutral and recruitment processes led in a non-discriminatory manner.
  • If pay reporting shows a gender pay gap of at least 5%, employers will have to conduct a joint pay assessment in cooperation with their workers representatives.
  • Parliament pushed for more workers to have their right to equal pay and pay information and for more companies to be transparent about the pay gap.

Delek US and Delek Logistics Name Rosy Zuklic Vice President of Investor Relations

Retrieved on: 
Monday, December 12, 2022
Dorado, Permian, Gulf Coast of the United States, DK, Bear, Transport, Phillips, Recycling, Partnership, Research, Delaware Basin, NYSE, SVP, Phillips 66, Multimedia, Texas A&M University, Delek US, DKL, Marketing, Acquisition, Management, Petroleum, Delek, LP

BRENTWOOD, Tenn., Dec. 12, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek") and Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that Rosy Zuklic has joined as Vice President of Investor Relations and Market Intelligence.

Key Points: 
  • BRENTWOOD, Tenn., Dec. 12, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek") and Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") today announced that Rosy Zuklic has joined as Vice President of Investor Relations and Market Intelligence.
  • Throughout her career, Zuklic has had leadership positions in finance, commercial, midstream, investor relations, and marketing business functions.
  • The logistics operations consist of Delek Logistics, LP ("Delek Logistics").
  • Delek US and its affiliates also own the general partner and an approximate 80 percent limited partner interest in Delek Logistics.

Press release - Waste shipments: stricter rules to protect the environment and human health

Retrieved on: 
Thursday, December 1, 2022
Environment Committee (Iceland), OECD, Public health, ENVI, Environmental health, Partnership, Legislation, Food safety, Hazardous waste, Classification, Environment, Committee, Efficiency, Member of the European Parliament, EPP, Industry, Commission, DK, European Parliament Committee on the Environment, Public Health and Food Safety, Goal, Recycling, Coal, Renewable energy, EU

According to the adopted text, the Commission would develop uniform criteria for the classification of waste to ensure that the rules are not circumvented by clearly distinguishing, for example, between used goods and waste.

Key Points: 
  • According to the adopted text, the Commission would develop uniform criteria for the classification of waste to ensure that the rules are not circumvented by clearly distinguishing, for example, between used goods and waste.
  • The new rules would include digitalising the exchange of information and documents within the internal market.
  • Strengthening the rules governing exports of waste outside the EU
    MEPs agree that EU exports of hazardous waste to non-OECD countries should be prohibited.
  • In 2020, EU exports of waste to non-EU countries reached 32.7 million tonnes, representing about 16% of global trade in waste.

HOTELS.COM PREDICTS SEASON-LOW LODGING PRICES THIS WINTER DURING "COLD SHOULDER SEASON"

Retrieved on: 
Wednesday, November 30, 2022
LP, Expedia Group, Multimedia, SE, Popular, CST, Travel, JP, Tax, FI, MX, KR, NO, DK, FR, Restaurant, Hotel, Online shopping, Hotels.com

DALLAS, Nov. 30, 2022 /PRNewswire/ -- Travelers aren't typically searching for last-minute deals in December, but this year, 'tis the season for holiday travel. According to data from Hotels.com, now is the best time to plan a budget-friendly break for "cold shoulder season," happening the weekend before Christmas and again after the New Year, with nightly hotel rates expected to dip below $150 a night.1

Key Points: 
  • Hotels.com is sharing tried and true tips on landing the best hotel rate, no matter where you're going this winter.
  • Select your next stay based on the most popular amenities around the world in the Hotels.com app.
  • Use the Popular filters section to find winter-proof perks like hotels with hot tubs in Denver and Lake Tahoe.
  • 1Average nightly hotel rate predictions and trends based on Hotels.com US POSa lodging rate data for the timeframe July 2019 January 2020.

Churchill Downs Incorporated and DraftKings Inc. Enter Agreement to Develop and Launch DK HORSE

Retrieved on: 
Tuesday, November 29, 2022
Online, NBA, Vegas Stats & Information Network, CDI, Risk, MLB, Foreign Corrupt Practices Act, DK, CHDN, ADW, UFC, Weather, Insurance, Running, Sport, PGA, Coronavirus, COVID-19, Growth, NASCAR, NFT, Public health, DraftKings, NHL, Casino, Government, HRM, 149th Pennsylvania Infantry Regiment, News, Failure, Injury, Section, American Gaming Association, NFL, IGaming Business, Tax, Ecosystem, Investment, Security (finance), Kentucky Oaks, Kentucky Derby

LOUISVILLE, Ky. and BOSTON, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (CDI) (Nasdaq: CHDN) and DraftKings Inc. (Nasdaq: DKNG) (DraftKings) announced today a multi-year agreement that will bring pari-mutuel wagering on horse racing to DraftKings.

Key Points: 
  • LOUISVILLE, Ky. and BOSTON, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (CDI) (Nasdaq: CHDN) and DraftKings Inc. (Nasdaq: DKNG) (DraftKings) announced today a multi-year agreement that will bring pari-mutuel wagering on horse racing to DraftKings.
  • TwinSpires is the premier, market leading online horse racing wagering platform in the U.S.
    DraftKings will launch DK HORSE in the coming months, which will allow DraftKings eligible customers to bet on horse racing using a standalone branded app.
  • Plans to integrate DK HORSE into the DraftKings product suite will be announced at a later date.
  • CDI will also secure, on behalf of DraftKings, additional horse racing content for use on DK Horse.

Funds advised by Davidson Kempner European Partners, LLP ("DK") currently hold 11.4 million shares, equivalent to 3.8% of the total shares outstanding of AVEVA Group plc ("Aveva" or the "Company")

Retrieved on: 
Thursday, November 10, 2022
EV, EV/EBITDA, TERP, Scheme, Bernstein, FY, Capital market, Schneider Electric, Company, Software as a service, Enterprise value, Economic and Technology Co-operation Agreement, Weakness, Acquisition, OSIsoft, DK, Risk management, Security (finance), Bloomberg, Aveva, EBITDA

LONDON, Nov. 10, 2022 /PRNewswire/ -- DK believes the current price offered by Schneider Electric SE ("Schneider" or the "Acquirer") to Aveva's minority shareholders of £31 per share substantially undervalues the Company's long-term prospects. The timing of the approach by Schneider is highly opportunistic and comes on the back of a broader market decline as well as weakness in Aveva's own share price resulting from the transition to a subscription and SaaS model (Aveva had fallen 48% from the highs of £42 per share in September 2021 to £22 per share before the announcement of the Schneider approach in August 2022). The Company's transition has been widely perceived by the market to have been poorly executed and communicated under the stewardship of the current Aveva CEO, Peter Herweck, who has been on secondment from Schneider since May 2021. DK does not think the uncertainty around this transition reflects concern over the long-term value of the franchise, a view which is supported by Aveva management's own five-year targets (announced at the Capital Markets Day in June 2021). We share Schneider's belief that Aveva is a well-positioned business operating in a secular growth market with strong tailwinds. If Schneider wishes to secure full ownership of a strategic asset at such an opportune moment it should make an offer for Aveva at a price which provides minority shareholders their share of the long-term value.

Key Points: 
  • We share Schneider's belief that Aveva is a well-positioned business operating in a secular growth market with strong tailwinds.
  • There are multiple datapoints which clearly indicate that 31 per share substantially undervalues Aveva.
  • Aveva shareholders have clearly and publicly expressed dissatisfaction with the substantial discount that the current price represents for such an attractive software asset.
  • The message from the market is quite clear and accordingly we expect the Scheme, on the current terms, to fail.

Funds advised by Davidson Kempner European Partners, LLP ("DK") currently hold 11.4 million shares, equivalent to 3.8% of the total shares outstanding of AVEVA Group plc ("Aveva" or the "Company")

Retrieved on: 
Thursday, November 10, 2022
EV, EV/EBITDA, TERP, Scheme, Bernstein, FY, Capital market, Schneider Electric, Company, Software as a service, Enterprise value, Economic and Technology Co-operation Agreement, Weakness, Acquisition, OSIsoft, DK, Risk management, Security (finance), Bloomberg, Aveva, EBITDA

LONDON, Nov. 10, 2022 /PRNewswire/ -- DK believes the current price offered by Schneider Electric SE ("Schneider" or the "Acquirer") to Aveva's minority shareholders of £31 per share substantially undervalues the Company's long-term prospects. The timing of the approach by Schneider is highly opportunistic and comes on the back of a broader market decline as well as weakness in Aveva's own share price resulting from the transition to a subscription and SaaS model (Aveva had fallen 48% from the highs of £42 per share in September 2021 to £22 per share before the announcement of the Schneider approach in August 2022). The Company's transition has been widely perceived by the market to have been poorly executed and communicated under the stewardship of the current Aveva CEO, Peter Herweck, who has been on secondment from Schneider since May 2021. DK does not think the uncertainty around this transition reflects concern over the long-term value of the franchise, a view which is supported by Aveva management's own five-year targets (announced at the Capital Markets Day in June 2021). We share Schneider's belief that Aveva is a well-positioned business operating in a secular growth market with strong tailwinds. If Schneider wishes to secure full ownership of a strategic asset at such an opportune moment it should make an offer for Aveva at a price which provides minority shareholders their share of the long-term value.

Key Points: 
  • We share Schneider's belief that Aveva is a well-positioned business operating in a secular growth market with strong tailwinds.
  • There are multiple datapoints which clearly indicate that 31 per share substantially undervalues Aveva.
  • Aveva shareholders have clearly and publicly expressed dissatisfaction with the substantial discount that the current price represents for such an attractive software asset.
  • The message from the market is quite clear and accordingly we expect the Scheme, on the current terms, to fail.

The Larry Fitzgerald Foundation to Join DraftKings in Fourth Annual Charity Initiative to Raise $100,000 for Breast Cancer Awareness Month

Retrieved on: 
Thursday, September 29, 2022
Online, Securities Exchange Act of 1934, American Cancer Society, Breast, Incidence, Awareness, Woman, UFC, HERE, NFT, Social responsibility, U.S. Securities and Exchange Commission, PGA, NASCAR, Breast cancer, IGaming Business, NHL, PGA TOUR, Pink, Private Securities Litigation Reform Act, DraftKings, Program, White, NFL, CEO, Nasdaq, Breast Cancer Awareness Month, Family, Sport, Ecosystem, Vegas Stats & Information Network, MLB, DK, Breast Cancer Research Foundation, Research, GLOBE, Triple-negative breast cancer, NBA, Education, NFL Sunday Ticket, Disease, Online gambling, Birth control, Medical imaging

BOSTON, Sept. 29, 2022 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced that this October, during Breast Cancer Awareness Month, the company will host its fourth annual Pink Em charity initiative in collaboration with The Larry Fitzgerald Foundation with a goal of donating $100,000 for breast cancer research and support for those impacted.

Key Points: 
  • BOSTON, Sept. 29, 2022 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced that this October, during Breast Cancer Awareness Month, the company will host its fourth annual Pink Em charity initiative in collaboration with The Larry Fitzgerald Foundation with a goal of donating $100,000 for breast cancer research and support for those impacted.
  • This October, the Pink Em initiative will be featured in its first company-wide brand campaign for DraftKings, following the recent appointment of Larry Fitzgerald as an official DraftKings brand ambassador.
  • For each of the first 20,000 pool entries each week, DraftKings will donate $1 to The Larry Fitzgerald Foundation to fund breast cancer research and support for those impacted.
  • October is a meaningful month personally and for my family, particularly after losing my mother to breast cancer in 2003.