Carney

Weitz Core Plus Income Fund Wins Two Lipper Fund Awards

Retrieved on: 
Thursday, March 14, 2024

Weitz Investment Management, Inc. (WIM) announced today that Weitz Core Plus Income Fund (WCPBX) received two 2024 Lipper Fund Awards.

Key Points: 
  • Weitz Investment Management, Inc. (WIM) announced today that Weitz Core Plus Income Fund (WCPBX) received two 2024 Lipper Fund Awards.
  • The fund, managed by co-heads of fixed income Tom Carney, CFA, and Nolan Anderson, was named the best fund over both the three- and five-year periods in Lipper’s Core Plus Bond Funds category.
  • The LSEG Lipper Fund Awards have been an industry leader for over 30 years in assessing and recognizing funds and fund managers based on their consistent risk-adjusted performance relative to their peers.
  • “Until recently, the industry has known Weitz as value equity investors,” said Wally Weitz, founder and co-chief investment officer of WIM.

Outdoor Industry Veteran, Mike Carney, Appointed as President & CEO of Outdoor Sportsman Group

Retrieved on: 
Monday, March 11, 2024

DENVER, March 11, 2024 /PRNewswire/ -- Outdoor Sportsman Group (OSG) announces the appointment of Mike Carney as the new President & Chief Executive Officer. A familiar face at OSG with a rich history in the outdoor media landscape, Carney previously held the position of Chief Operating Officer within the company.

Key Points: 
  • New Head of Outdoor Sportsman Group to Oversee Best-In-Class Television Networks, MyOutdoorTV and Leading Industry Publications
    DENVER, March 11, 2024 /PRNewswire/ -- Outdoor Sportsman Group (OSG) announces the appointment of Mike Carney as the new President & Chief Executive Officer.
  • Carney's depth of knowledge and understanding of the outdoor industry positions him as the ideal leader to spearhead innovation and growth at Outdoor Sportsman Group.
  • "I am honored to step into the role of President & CEO at Outdoor Sportsman Group," said Mike Carney.
  • In his new role as President & CEO, Carney will lead strategic initiatives that align with Outdoor Sportsman Group's overarching goals of entertaining, educating and empowering the outdoor community.

FashWire Reveals New Partnership with Badgley Mischka

Retrieved on: 
Monday, February 26, 2024

Kimberly Carney, CEO of FashWire , announces partnership with evening wear-focused and celebrity fashion brand Badgley Mischka .

Key Points: 
  • Kimberly Carney, CEO of FashWire , announces partnership with evening wear-focused and celebrity fashion brand Badgley Mischka .
  • "We are thrilled to have Badgley Mischka on the FashWire platform.
  • “Badgley Mischka is excited to partner with FashWire.
  • Through this partnership, we can leverage FashWire’s innovative technology to streamline and enhance our customer experience, expand our global reach, and ultimately drive growth for our brand,” stated Badgley Mischka President Kay Vosburgh-LeGrand.

Cultivo raises $14 million in Series A funding led by MassMutual Ventures and Octopus Energy Generation

Retrieved on: 
Tuesday, January 30, 2024

Cultivo , a public benefit corporation, today announced it has raised $14 million in Series A funding to accelerate its mission to unlock investment into regenerating nature at scale through high-quality projects.

Key Points: 
  • Cultivo , a public benefit corporation, today announced it has raised $14 million in Series A funding to accelerate its mission to unlock investment into regenerating nature at scale through high-quality projects.
  • View the full release here: https://www.businesswire.com/news/home/20240129031044/en/
    Cultivo project in Sierra del Carmen, in the state of Coahuila, Mexico (Photo: Business Wire)
    The funding round co-led by MassMutual Ventures and Octopus Energy Generation, with participation from Salkantay Ventures and Peña Verde, will speed up the business’ growth and brings Cultivo’s total funding to over $20 million.
  • The growth in Cultivo’s pipeline has been driven by financial institutions and companies turning to Cultivo to originate their own high-quality natural capital projects.
  • We’re deeply honored to have MassMutual Ventures and Octopus Energy Generation join us on our mission to regenerate nature at scale.”
    As part of this news, Cultivo has also signed an agreement with Octopus Energy Generation for them to deploy up to $40 million into natural capital projects across North America, Europe and Australasia.

G30 report, Bank Failures and Contagion: Lender of Last Resort, Liquidity, and Risk Management, proposes fixes to the banking system to enhance resilience

Retrieved on: 
Tuesday, January 9, 2024

WASHINGTON, Jan. 9, 2024 /PRNewswire-PRWeb/ -- The Group of Thirty (G30) today published Bank Failures and Contagion: Lender of Last Resort, Liquidity, and Risk Management. The study, chaired by William C. Dudley, former President of the Federal Reserve Bank of New York, analyses the bank failures of March 2023, dissects the causes behind the collapses, and proposes reforms designed to minimize the contagion risks in the future and increase the resilience of banks and the banking system.

Key Points: 
  • The Group of Thirty (G30) today published Bank Failures and Contagion: Lender of Last Resort, Liquidity, and Risk Management from the G30 Working Group on the 2023 Banking Crisis.
  • WASHINGTON, Jan. 9, 2024 /PRNewswire-PRWeb/ -- The Group of Thirty (G30) today published Bank Failures and Contagion: Lender of Last Resort, Liquidity, and Risk Management.
  • The failures were triggered by a combination of poor business models, weak risk management, and a rapidly shifting macroeconomic environment.
  • The report proposes reforms to limit contagion when bank failures occur and mitigate broader economic consequences.

MachTen, Inc. Reports Results for the Third Quarter 2023

Retrieved on: 
Tuesday, November 14, 2023

Local access revenue of $355,000 in the 3rd quarter was generated from providing services to 3,971 access lines.

Key Points: 
  • Local access revenue of $355,000 in the 3rd quarter was generated from providing services to 3,971 access lines.
  • Non-regulated revenue increased to $1.05 million in the 3rd quarter of 2023, up from $941,000 in the prior year period.
  • As of September 30, 2023, cash and cash equivalents were $1.57 million, compared with $1.2 million as of December 31, 2022.
  • The deployment of fiber-based broadband services in the nineteen incumbent exchanges that benefit from E-CAM support will also accelerate in 2024.

Community Care Cooperative has named Jenny Carney as its new Chief Operating Officer

Retrieved on: 
Tuesday, December 5, 2023

Jenny Carney has been named the chief operating officer for Community Care Cooperative (C3), a national, non-profit Accountable Care Organization (ACO) that is governed by Federally Qualified Health Centers (FQHCs) to improve the health and wellness of its members throughout the United States.

Key Points: 
  • Jenny Carney has been named the chief operating officer for Community Care Cooperative (C3), a national, non-profit Accountable Care Organization (ACO) that is governed by Federally Qualified Health Centers (FQHCs) to improve the health and wellness of its members throughout the United States.
  • View the full release here: https://www.businesswire.com/news/home/20231205320574/en/
    Community Care Cooperative Chief Operating Officer Jenny Carney (Photo: Business Wire)
    Ms. Carney joins C3 from Milliman, where she was serving as a senior healthcare consultant in integrated health systems, health plans, and negotiation contract support for its Medicare Shared Savings Program (MSSP), Accountable Care Organization (ACO) REACH, Medicare Advantage, Medicaid, and commercial lines of business.
  • Jenny has also worked at Network Health, where she led its medical economics and performance analytics team.
  • “Jenny’s knowledge and successful leadership experience adds significant value as we continue to grow,” says C3 President and Chief Executive Officer Christina Severin.

Forman School Appoints New Head of School

Retrieved on: 
Tuesday, October 17, 2023

LITCHFIELD, Conn., Oct. 17, 2023 /PRNewswire/ -- Forman School announces today that Amy L. Clemons will serve as its next Head of School.

Key Points: 
  • LITCHFIELD, Conn., Oct. 17, 2023 /PRNewswire/ -- Forman School announces today that Amy L. Clemons will serve as its next Head of School.
  • Amy will become Forman's tenth Head of School and the first woman to serve the role.
  • She is currently the Head of School at Woodlynde School, an independent day school in Strafford, PA, serving students in grades K-12 with learning differences.
  • Adam Man is retiring at the conclusion of the 2023-24 school year after having served as Head of School since 2008.

ComEd, Millennium Garages Announce Plans For 300 EV Chargers by 2026, Expanding Midwest's Largest Public EV Charging Hub

Retrieved on: 
Tuesday, October 3, 2023

This expansive EV charging hub is made possible through technical and operational support from ComEd, Civic Infrastructure Collaborative, SP+ Corporation, and multiple EV charging partners.

Key Points: 
  • This expansive EV charging hub is made possible through technical and operational support from ComEd, Civic Infrastructure Collaborative, SP+ Corporation, and multiple EV charging partners.
  • With 100 level-2 EV chargers , Millennium is already the region’s largest public EV charging hub, and it plans to triple EV charging capacity by 2026.
  • All EV charging at Millennium Garages will be powered by certified renewable wind energy.
  • "As we work towards a cleaner, healthier future, we are encouraged to see the expansion of the Midwest's largest public EV charging hub.

Chrysalis Receives FDA Approval to Initiate Clinical Trials with Chrysalin™ (TP508)

Retrieved on: 
Tuesday, September 26, 2023

Chrysalis BioTherapeutics, Inc. announced today that the US Food and Drug Administration (FDA) has given the company permission to initiate human clinical trials aimed at treating acute lung failure.

Key Points: 
  • Chrysalis BioTherapeutics, Inc. announced today that the US Food and Drug Administration (FDA) has given the company permission to initiate human clinical trials aimed at treating acute lung failure.
  • Other animal studies show potential TP508 benefit in treating acute lung injury, chronic smoke inhalation, and mitigating radiation effects on brain and other tissues.
  • “TP508 is a natural regenerative peptide that accelerates tissue repair and revascularization while modulating the inflammatory response.
  • Chrysalis is using UTMB, Houston-area, and national advisors to advance TP508 for treating pulmonary indications.