Perception

SelectQuote, Inc. Announces Special Meeting to Approve Reverse Stock Split

Retrieved on: 
Friday, December 2, 2022

The Board may revoke the proposal and cancel the special meeting at any time if it determines that the reverse stock split is no longer in the best interests of the Company and its stockholders.

Key Points: 
  • The Board may revoke the proposal and cancel the special meeting at any time if it determines that the reverse stock split is no longer in the best interests of the Company and its stockholders.
  • Even if the meeting occurs and the amendment to the Certificate of Incorporation is approved, the Board may delay or abandon the reverse stock split at any time prior to the effective time of the reverse stock split if the Board determines that the reverse stock split is no longer in the best interests of the Company or its stockholders.
  • This communication may be deemed to be solicitation material in connection with the proposal to be submitted to the Companys stockholders at its special meeting seeking approval of an amendment to the Certificate of Incorporation to effect a reverse stock split (the Reverse Split Proposal).
  • In connection with the Reverse Split Proposal, the Company plans to file a preliminary proxy statement on Schedule 14A with the SEC.

2022 Outlook on the Passenger Car Vision Global Market - Featuring Denso, Bosch, APTIV, Panasonic Automobile and Magna Among Others

Retrieved on: 
Friday, December 2, 2022

DUBLIN, Dec. 2, 2022 /PRNewswire/ -- The "Global Passenger Car Vision Industry Report, 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 2, 2022 /PRNewswire/ -- The "Global Passenger Car Vision Industry Report, 2022" report has been added to ResearchAndMarkets.com's offering.
  • Foreign automotive vision research: leading Tier 1 suppliers vigorously deploy DMS/OMS, and vital sign detection becomes a standard configuration for OMS.
  • The revenues of major Tier 1 suppliers in 2021 sustained growth, as they made comprehensive layout of automotive vision business.
  • At present Bosch's products include front-view mono/stereo cameras, rear-view mirrors, surround-view cameras, DMS and OMS, as well as ADAS/autonomous driving/automated parking solutions.

BorgWarner Acquires Drivetek AG

Retrieved on: 
Friday, December 2, 2022

AUBURN HILLS, Mich., Dec. 2, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that it has acquired Drivetek AG.

Key Points: 
  • AUBURN HILLS, Mich., Dec. 2, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that it has acquired Drivetek AG.
  • Drivetek supports customers in the automotive and transportation industry as well as in the aviation, industrial and energy sectors.
  • "Drivetek is an important partner with BorgWarner on our booked eFan business, with our first customer award being announced in February of this year," said Frdric Lissalde, President and CEO of BorgWarner.
  • For more than 130 years, BorgWarner has been a transformative global product leader bringing successful mobility innovation to market.

Mining sector puts energy into ESG, but lacks focus on gender and diversity

Retrieved on: 
Friday, December 2, 2022

Its one of the key findings from a survey of global mining sector decision-makers published today by mining executive search and recruitment consultants, Stratum International , and independent ESG accreditors, Digbee .

Key Points: 
  • Its one of the key findings from a survey of global mining sector decision-makers published today by mining executive search and recruitment consultants, Stratum International , and independent ESG accreditors, Digbee .
  • Tackling climate change and biodiversity loss come lower on the list of environmental, social and governance (ESG) factors for many mining businesses, according to the new report.
  • And theres a concerning lack of focus on gender and diversity for a sector which needs to change the perception that mining is a male-only environment.
  • The issue is deemed the least important social priority for mining companies over the next two years.

AM Best Affirms Credit Ratings of Chubb Seguros Panama S.A.

Retrieved on: 
Thursday, December 1, 2022

AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Rating of aa+ (Superior) of Chubb Seguros Panama S.A. (Chubb Panama) (Panama City, Panama).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Rating of aa+ (Superior) of Chubb Seguros Panama S.A. (Chubb Panama) (Panama City, Panama).
  • Chubb Panama initiated operations in 2008 as ACE Seguros S.A., and continued with that brand name until 2016 when its name was changed to Chubb Seguros Panama S.A.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

NYU Langone's Center for Amputation Reconstruction Launches Osseointegration Program with FDA-Approved Implant System

Retrieved on: 
Thursday, December 1, 2022

The two-step surgical procedure was performed by physicians at NYU Langone's Center for Amputation Reconstruction in partnership with Integrum, which developed the Osseoanchored Prostheses for the Rehabilitation of Amputees (OPRA) Implant System.

Key Points: 
  • The two-step surgical procedure was performed by physicians at NYU Langone's Center for Amputation Reconstruction in partnership with Integrum, which developed the Osseoanchored Prostheses for the Rehabilitation of Amputees (OPRA) Implant System.
  • The OPRA Implant System is the first and only FDA-approved technology for bone-anchored prostheses in the United States.
  • Led by Dr. Ayalon and Jacques H. Hacquebord, MD ,the Center for Amputation Reconstruction now adds osseointegration treatment to its other advanced surgical techniques and prosthetic technologies for individuals experiencing limb loss.
  • Osseointegration is a surgical procedure to permanently implant a titanium device into the bone for direct attachment to an artificial limb.

Vendavo Reveals Fewer Manufacturers Benefitted from Aftermarket Services in 2022

Retrieved on: 
Thursday, December 1, 2022

DENVER, Dec. 1, 2022 /PRNewswire/ -- Vendavo, the global market leader in B2B price management and commercial excellence solutions, today revealed more manufacturers did not realize the full benefits that a robust aftermarket services business can deliver to the bottom line in 2022. The global 4th Annual Aftermarket Benchmark Study, conducted by Copperberg, found 65% of respondents reported aftermarket revenue represented less than 29% of their total company revenue – the most at the lowest contributing threshold in the four years of the study.

Key Points: 
  • DENVER, Dec. 1, 2022 /PRNewswire/ -- Vendavo , the global market leader in B2B price management and commercial excellence solutions, today revealed more manufacturers did not realize the full benefits that a robust aftermarket services business can deliver to the bottom line in 2022.
  • "It's a missed opportunity because we know strategic aftermarket services drive profitability," says Mitch Lee, Vendavo.
  • That change manufacturers are experiencing was not for the positive in aftermarket services however as over the span of the four years of study, manufacturers who realized aftermarket profits as more than half of their total organization profits decreased to its lowest point in 2022 at just 17 percent.
  • Other findings from the 4th Annual Aftermarket Benchmark Study include:
    Bigger technology budgets are in plan for the majority of responding manufacturers.

PIMCO Launches New Interval Fund, the PIMCO Flexible Real Estate Income Fund (REFLX)

Retrieved on: 
Thursday, December 1, 2022

PIMCO launched its first interval fund in 2017 and has over $4.5 billion of AUM across five continuously offered interval funds, as of 30 September 2022.

Key Points: 
  • PIMCO launched its first interval fund in 2017 and has over $4.5 billion of AUM across five continuously offered interval funds, as of 30 September 2022.
  • REFLX offers investors access to PIMCOs institutional quality private real estate platform with the ease of a registered fund.
  • With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing.
  • CRE platform assets include $97bn in assets of clients contracted with Allianz Real Estate, an affiliate of PIMCO.

John Ace Underwood Named Executive Director of LearnMH

Retrieved on: 
Thursday, December 1, 2022

DALLAS, Dec. 1, 2022 /PRNewswire/ -- Chris Nicely, president of ManufacturedHomes.com and ModularHomes.com , is announcing the appointment of John Ace Underwood as Executive Director of LearnMH .

Key Points: 
  • DALLAS, Dec. 1, 2022 /PRNewswire/ -- Chris Nicely, president of ManufacturedHomes.com and ModularHomes.com , is announcing the appointment of John Ace Underwood as Executive Director of LearnMH .
  • LearnMH was founded with the goal of forging a powerful industry brand identity through training, education, awareness, marketing, and overall process improvement.
  • Underwood brings over 35 years of experience in the manufactured housing industry as a trainer, consultant, speaker, and author in marketing, sales, sales management, and leadership development.
  • John Ace Underwood will begin this position on December 1, 2022.

IFANCA SURVEY UNCOVERS THE NEED FOR CONSUMER EDUCATION & ACCESS TO HALAL-CERTIFIED PRODUCTS

Retrieved on: 
Thursday, December 1, 2022

DES PLAINES, Ill., Dec. 1, 2022 /PRNewswire/ -- As consumers become more conscious of food health and safety, halal-certified foods are taking center stage. As the non-profit global leader in halal certification, IFANCA (Islamic Food and Nutrition Council of America) recently launched a nationwide consumer insights survey* to increase transparency and visibility for halal foods, identify consumer education gaps, and understand the misconceptions around halal-certified products.    

Key Points: 
  • As the non-profit global leader in halal certification, IFANCA (Islamic Food and Nutrition Council of America) recently launched a nationwide consumer insights survey* to increase transparency and visibility for halal foods, identify consumer education gaps, and understand the misconceptions around halal-certified products.
  • "IFANCA is committed to ensuring that everyone has access to halal foods and products that allow them to live secure, satisfying lives," says Dr. Muhammad Chaudry, President of IFANCA.
  • Other notable findings of the survey include:
    Americans familiar with halal believe halal-certified food products are more humane (44%), fresher (42%), and healthier (41%) than non-halal-certified foods.
  • Food companies turn to third-party certifiers like IFANCA to help source halal ingredients and bring authentic, trusted halal products to market.