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FTC Joins with CFPB in Filing Amicus Brief Urging Reversal of Decision Misinterpreting FCRA’s Requirement to Remove Disputed, Unverified Credit Information

Retrieved on: 
Friday, September 29, 2023

The CRAs sent the dispute to the credit card companies for investigation.

Key Points: 
  • The CRAs sent the dispute to the credit card companies for investigation.
  • In their brief, the FTC and CFPB disputed the district court’s interpretation of the FCRA.
  • Inaccurate information on a consumer report can hamper people’s ability to get housing, employment, and credit.
  • Follow the FTC on social media, read our blogs and subscribe to press releases for the latest FTC news and resources.

Monument Reports Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Friday, September 29, 2023

Gold sales resulted in a revenue of $12.39 million, a decrease from the $14.44 million in Fiscal 2022.

Key Points: 
  • Gold sales resulted in a revenue of $12.39 million, a decrease from the $14.44 million in Fiscal 2022.
  • The cash cost from the oxide CIL gold production increased by 72% to $2,200/oz for the fourth quarter from $1,282/oz in the fourth quarter of FY2022.
  • Subsequent to the year-end on September 22, 2023, the Company achieved commercial production, operating at 90% of its designed production capacity for 30 consecutive days in August 2023.
  • No drilling was carried out during the fourth quarter of fiscal year 2023.

Cyware’s Shashi Nair Recognized as One of CRN’s 100 People You Don’t Know But Should for 2023

Retrieved on: 
Thursday, September 28, 2023

The CRN editorial team compiles the list each year to bring well-deserved attention to the best and brightest channel contributors who work outside the spotlight.

Key Points: 
  • The CRN editorial team compiles the list each year to bring well-deserved attention to the best and brightest channel contributors who work outside the spotlight.
  • Nair, working closely with our Head of Channels, was responsible for creating Cyware One, our Global Partner Program.
  • Nair has been instrumental in recruiting and enabling these partners who fit Cyware’s ideal partner profile and are well respected cybersecurity solutions providers.
  • “Thank you to the 100 People You Don’t Know But Should, for your indispensable contributions across the channel community.”

Non-Alcoholic Retailer Boisson Announces New CEO; Receives New Funding From Convivialité Ventures and Connect Ventures

Retrieved on: 
Wednesday, September 27, 2023

Boisson , the largest non-alcoholic beverage retailer, today announces the appointment of Sheetal Aiyer as CEO.

Key Points: 
  • Boisson , the largest non-alcoholic beverage retailer, today announces the appointment of Sheetal Aiyer as CEO.
  • As Founder and President, Nick Bodkins will continue to oversee the long-term vision for Boisson and explore new opportunities for the business internationally.
  • “Boisson plays a key role in the fast-growing non-alcoholic category, by discovering and curating the best NA brands for consumers,” shares Brandon Yahn, Partner at Convivialité Ventures.
  • We are thrilled to work closely with them on the next stage of their journey.”
    For more information and updates, please visit https://boisson.co .

New Study Shows Longhorn Vaccines and Diagnostics’ Universal Influenza Vaccine, LHNVD-105, Generates Broad and Durable Immune Responses in Animal Models

Retrieved on: 
Wednesday, September 27, 2023

The study demonstrated that LHNVD-105 generates broad and durable immune responses in mice for several human, avian and swine influenza viruses.

Key Points: 
  • The study demonstrated that LHNVD-105 generates broad and durable immune responses in mice for several human, avian and swine influenza viruses.
  • “The Vaccines study extends these findings to show that the durability of the immune response and breadth of influenza strains the vaccines covers to include human and avian viruses.
  • LHNVD-105 demonstrated broad and durable immune responses to the vaccine peptide epitopes and multiple subtypes of influenza viruses.
  • LHNVD-105 induced durable immunity across human, swine, and avian influenza viruses, including A/H5N1, neutralizing both seasonal and pandemic strains.

Lightspeed Re-appoints Manon Brouillette to its Board of Directors, Reinforcing its Customer-Centric Vision

Retrieved on: 
Tuesday, September 26, 2023

MONTREAL, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD) is pleased to announce that Manon Brouillette has been re-appointed to its Board of Directors (the “Board”), effective October 1, 2023.

Key Points: 
  • MONTREAL, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Lightspeed Commerce Inc. (NYSE | TSX: LSPD) is pleased to announce that Manon Brouillette has been re-appointed to its Board of Directors (the “Board”), effective October 1, 2023.
  • This is Manon Brouillette’s second term as one of Lightspeed’s Board members.
  • Manon’s return reinforces our steadfast commitment to innovation and excellence.”
    “I’m so excited to welcome Manon back to Lightspeed’s Board of Directors,” said JP Chauvet, CEO of Lightspeed.
  • This is a crucial moment for retailers and restaurateurs,” said Manon Brouillette.

APAC and North America Lead the Charge: HVAC Linset Market Eyes Robust Expansion, Touting a 7.9% CAGR Through 2028 - ResearchAndMarkets.com

Retrieved on: 
Friday, September 22, 2023

The global HVAC Linset market, with a current valuation of USD 9.2 billion in 2023, is set on an encouraging growth trajectory.

Key Points: 
  • The global HVAC Linset market, with a current valuation of USD 9.2 billion in 2023, is set on an encouraging growth trajectory.
  • Key drivers include rapid urbanization, increased residential construction, an emerging inclination towards smart homes, and surging demand for air conditioners.
  • Regional Analysis: APAC claims dominance as the largest and fastest-growing HVAC Linset market, spurred by demand dynamics in China, India, and Southeast Asia.
  • China remains the stalwart leader in the HVAC Linset market, with India trailing with the highest CAGR.

Battery Integrated Charging Solutions Provider XCharge Receives Investment from Shell Ventures

Retrieved on: 
Wednesday, September 20, 2023

HAMBURG, Germany, Sept. 20, 2023 /PRNewswire/ -- XCharge Group, a global leader in battery-integrated charging solutions, has secured a new investment from Shell Ventures.

Key Points: 
  • HAMBURG, Germany, Sept. 20, 2023 /PRNewswire/ -- XCharge Group, a global leader in battery-integrated charging solutions, has secured a new investment from Shell Ventures.
  • This marks the second successive investment from Shell Ventures, following a successful Series-B funding round in 2021.
  • XCharge secured its C-round financing from Shell Ventures and other investors, following its Series-B funding in 2021.
  • Founded in 2015, XCharge Group has been at the forefront of EV-charging technology, specializing in battery-integrated fast charging solutions.

Sycamore Tree Capital Partners Closes Fourth CLO Totaling $405 Million

Retrieved on: 
Thursday, September 14, 2023

Sycamore Tree Capital Partners (“Sycamore Tree”), a specialist asset manager with private and alternative credit investment expertise, announced today the closing of STCP CLO 2023-4, Ltd. (“STCP CLO 4” or “the Fund”), the Firm’s fourth collateralized loan obligation since launching the CLO platform in July of 2021 and the Firm’s third CLO in 2023.

Key Points: 
  • Sycamore Tree Capital Partners (“Sycamore Tree”), a specialist asset manager with private and alternative credit investment expertise, announced today the closing of STCP CLO 2023-4, Ltd. (“STCP CLO 4” or “the Fund”), the Firm’s fourth collateralized loan obligation since launching the CLO platform in July of 2021 and the Firm’s third CLO in 2023.
  • STCP CLO 4 totals $405 million and received broad support from investors such as banks, insurance companies, and asset management firms, including significant investor participation from outside the United States.
  • Citibank Securities, NA acted as the Fund’s underwriter, and Dechert, LLP acted as counsel to Sycamore Tree.
  • “Notwithstanding volatile markets, we continue to demonstrate our team’s strong experience and capabilities,” said Paul Travers, Managing Director and Portfolio Manager.

Pebblebrook Hotel Trust Completes $140 Million Refinancing of Margaritaville Hollywood Beach Resort

Retrieved on: 
Monday, September 11, 2023

Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on September 7, 2023, it successfully refinanced its mortgage loan on the 369-room Margaritaville Hollywood Beach Resort (“Margaritaville Hollywood”) in Hollywood, Florida.

Key Points: 
  • Pebblebrook Hotel Trust (NYSE: PEB) (the “Company”) today announced that on September 7, 2023, it successfully refinanced its mortgage loan on the 369-room Margaritaville Hollywood Beach Resort (“Margaritaville Hollywood”) in Hollywood, Florida.
  • The $140.0 million secured loan has a three-year initial term with two one-year extension options, subject to the satisfaction of certain conditions.
  • The payoff of the remaining $21.5 million of the previously existing $161.5 million CMBS loan secured by the resort was funded by the Company’s cash on hand.
  • “We are extremely pleased with the favorable terms of this loan in a challenging financing market,” said Raymond D. Martz, Co-President and Chief Financial Officer for Pebblebrook Hotel Trust.