PSF

KBRA Assigns AAA Rating to Austin Independent School District's Unlimited Tax School Building Bonds, Series 2024 (PSF); Affirms Ratings for Outstanding Debt; Outlook is Stable

Retrieved on: 
Thursday, March 21, 2024

KBRA assigns a AAA long-term rating with a Stable Outlook to Austin Independent School District’s ("AISD" or "the District") Unlimited Tax School Building Bonds, Series 2024 (PSF), and concurrently affirms the AAA rating and Stable Outlook for the District’s KBRA-rated Unlimited Tax School Bonds (PSF) and Unlimited Tax School Bonds (Non-PSF) outstanding.

Key Points: 
  • KBRA assigns a AAA long-term rating with a Stable Outlook to Austin Independent School District’s ("AISD" or "the District") Unlimited Tax School Building Bonds, Series 2024 (PSF), and concurrently affirms the AAA rating and Stable Outlook for the District’s KBRA-rated Unlimited Tax School Bonds (PSF) and Unlimited Tax School Bonds (Non-PSF) outstanding.
  • KBRA understands that proceeds from the sale of the Series 2024 bonds will be used for the construction and acquisition of school buildings, upgrading technology systems, and for stadium improvements.
  • The rating actions reflect the following key credit considerations:
    Strong financial management policies and an experienced, effective management team.
  • While not expected a trend of decline in the ad valorem tax base may negatively impact the rating.

Aurinia Discloses 2023 Year-End Financial and Operational Results, Announces Corporate Actions Focused on Enhancing Shareholder Value

Retrieved on: 
Thursday, February 15, 2024

This includes corporate actions designed to enhance shareholder value, including an exclusive focus on driving commercial execution of the LUPKYNIS® (voclosporin) business, and a significant share repurchase program.

Key Points: 
  • This includes corporate actions designed to enhance shareholder value, including an exclusive focus on driving commercial execution of the LUPKYNIS® (voclosporin) business, and a significant share repurchase program.
  • The Company had cash, cash equivalents, restricted cash and investments of approximately $350.7 million as of December 31, 2023.
  • There were approximately 2,066 patients on LUPKYNIS therapy as of December 31, 2023, compared to 1,525 at the end of 2022.
  • From January 1 through the end of December 2023, the Company recorded 1,791 PSFs, compared to 1,650 in the prior year.

Greater Toronto and Hamilton Annual Multi-Family Sales Drop to New Low, Reports Zonda Urban

Retrieved on: 
Thursday, February 1, 2024

TORONTO, Feb. 1, 2024 /PRNewswire-PRWeb/ -- Zonda Urban today released its annual 2023 and Q4-2023 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results.

Key Points: 
  • TORONTO, Feb. 1, 2024 /PRNewswire-PRWeb/ -- Zonda Urban today released its annual 2023 and Q4-2023 Greater Toronto and Hamilton Area (GTHA) multi-family market survey results.
  • Annual sales volume fell 36% from a year earlier, following a 29% annual decline from 2021.
  • Condominium apartment sales felt the brunt of the ongoing downturn, falling 44% year-over-year to 11,629 sales, representing the slowest pace in over twenty years.
  • Demand for townhouses marked a high point for 2023 with annual volume rebounding 38% to 3,255.

DIGS EXTENDS FUNDING TO $14 MILLION TO ACCELERATE GROWTH WITH BUILDERS, ADDS COO TO SCALE OPERATIONS AND ADVANCE MARKETPLACE STRATEGY

Retrieved on: 
Thursday, January 25, 2024

VANCOUVER, Wash., Jan. 25, 2024 /PRNewswire/ -- Digs, an AI collaboration platform for home builders and homeowners, announces expanding its funding and C-suite with additional investment and new executive staff. The combination aims to accelerate the initial momentum of the company's rollout and fuel the launch of a marketplace.

Key Points: 
  • The combination aims to accelerate the initial momentum of the company's rollout and fuel the launch of a marketplace.
  • The new $7 million Seed round, led by Oregon Venture Fund (OVF) and Legacy Capital Ventures , includes follow-on participation from investors in the prior $7 million pre-seed round.
  • To help scale the platform, Digs has added veteran technology executive Jef Holove as Chief Operating Officer.
  • As part of Digs' marketplace strategy, builders can engage in an ongoing opportunity with homes they construct and partner with Digs to share marketplace revenue throughout the life of the home.

Aurinia Pharmaceuticals Reports Third Quarter and Nine Months 2023 Financial and Operational Results

Retrieved on: 
Thursday, November 2, 2023

Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today issued its financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today issued its financial results for the three and nine months ended September 30, 2023.
  • Total net revenue was $54.5 million for the three months ended September 30, 2023 and $55.8 million for the same period in 2022.
  • Financial Results for the Three and Nine Months Ended September 30, 2023
    Total net revenue was $54.5 million and $55.8 million for the three months ended September 30, 2023 and September 30, 2022, respectively.
  • Aurinia will host a conference call and webcast to discuss the quarter ended September 30, 2023 financial results today, Thursday, November 2, 2023 at 8:30 a.m.

The 12th Annual Breast Reconstruction Awareness Day returns Oct. 18, 2023 to Increase Recognition of Options with Education, Events and Fundraisers

Retrieved on: 
Thursday, October 19, 2023

ARLINGTON HEIGHTS, Ill., Oct. 19, 2023 /PRNewswire-PRWeb/ -- The American Society of Plastic Surgeons (ASPS) in collaboration with The Plastic Surgery Foundation is pleased to announce the 12th annual Breast Reconstruction Awareness Day known as BRA Day on Oct. 18, 2023.

Key Points: 
  • ARLINGTON HEIGHTS, Ill., Oct. 19, 2023 /PRNewswire-PRWeb/ -- The American Society of Plastic Surgeons (ASPS) in collaboration with The Plastic Surgery Foundation is pleased to announce the 12th annual Breast Reconstruction Awareness Day known as BRA Day on Oct. 18, 2023.
  • Many patients who undergo a mastectomy or lumpectomy because of breast cancer or other health-related conditions are not always aware of all the reconstruction options available to them.
  • Understanding their options for breast reconstruction is critical to making informed decisions about their care and fully healing.
  • ASPS and The PSF launched the Breast Reconstruction Awareness Campaign and the annual BRA Day in 2011.

Corpus Christi Carbon Storage Hub Awarded to World-Class Team Led by Repsol

Retrieved on: 
Tuesday, September 5, 2023

The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract for over 140,000 gross acres of pore space owned by of the Permanent School Fund (PSF) for CO2 storage located offshore of Corpus Christi, Texas.

Key Points: 
  • The Texas General Land Office (GLO) awarded a Repsol-led partnership a contract for over 140,000 gross acres of pore space owned by of the Permanent School Fund (PSF) for CO2 storage located offshore of Corpus Christi, Texas.
  • Equity interests in the partnership will be 40 % Repsol (Operator), 40 % Carbonvert, 10 % MEPUSA and 10 % POSCO.
  • David Ramos, Geological Low Carbon Solutions Director for Repsol said: “Repsol is excited to lead and operate this project that will ultimately add to our strong presence in the country through our O&G operations and Low Carbon projects.
  • Corpus Christi is a strategic region for Repsol pursuing Low Carbon developments where the Port of Corpus Christi plays an essential role for the industry.

LTC Global Promotes Life Executives

Retrieved on: 
Thursday, August 3, 2023

LTC Global, Inc., a leading national distributor of life and health insurance products, announced today the promotion of Rick Maholchic to Head of Life Insurance Distribution and Tim Smith to Chief Marketing Officer.

Key Points: 
  • LTC Global, Inc., a leading national distributor of life and health insurance products, announced today the promotion of Rick Maholchic to Head of Life Insurance Distribution and Tim Smith to Chief Marketing Officer.
  • Including PSF and the Smith Companies, LTC Global owns seven life insurance agencies that operate in 30 states, with concentrations on the Coasts and in the Midwest.
  • In addition to the life insurance agencies, LTC Global operates the largest Long Term Care insurance distribution business in the industry and a leading national Medicare insurance agency, among other distribution businesses.
  • In total, LTC Global operates 14 separate life and health insurance agencies.

Aurinia Pharmaceuticals Reports Second Quarter and Six Months 2023 Financial and Operational Results

Retrieved on: 
Thursday, August 3, 2023

Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today issued its financial results for the three and six months ended June 30, 2023.

Key Points: 
  • Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) today issued its financial results for the three and six months ended June 30, 2023.
  • Financial Results for the Three and Six Months Ended June 30, 2023
    Total net revenue was $41.5 million and $28.2 million for the three months ended June 30, 2023 and June 30, 2022, respectively.
  • Interest expense was $0.1 million for the three and six months ended June 30, 2023 due to the commencement of the monoplant finance lease during the second quarter of 2023.
  • Aurinia will host a conference call and webcast to discuss the quarter ended June 30, 2023 financial results today, Thursday, August 3, 2023 at 8:30 a.m.

Resilinc and Public Spend Forum Collaborate to Bring Best-in-Class Market Intelligence and Supply Chain Visibility to Government Agencies

Retrieved on: 
Thursday, June 22, 2023

Through this alliance, Public Spend Forum will leverage Resilinc’s supply chain risk data and solutions including its supplier database, supplier risk assessments, and global event monitoring to deliver market and supply chain intelligence and actionable insights to public sector clients.

Key Points: 
  • Through this alliance, Public Spend Forum will leverage Resilinc’s supply chain risk data and solutions including its supplier database, supplier risk assessments, and global event monitoring to deliver market and supply chain intelligence and actionable insights to public sector clients.
  • “It’s important to know exactly where all of your parts originate at each touchpoint of your supply chain, and this is especially critical for government agencies in the name of national security.
  • We're happy to partner with Public Spend Forum to provide these agencies unrivaled commercial supply chain and market intelligence tools.”
    This partnership aims to accelerate innovation and supply chain visibility by helping public sector organizations discover and qualify the best suppliers and solutions in the market.
  • This visibility is crucial considering the increased disruptions stemming from unseen risk deep in the supply chain.