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Just Energy Announces Approval of SISP, Stalking Horse Transaction Agreement, SISP Support Agreement and Stay Extension

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Thursday, August 18, 2022 - 11:02pm

The Just Energy Entities intend to seek recognition in the U.S. of the SISP Order in their Chapter 15 cases.

Key Points: 
  • The Just Energy Entities intend to seek recognition in the U.S. of the SISP Order in their Chapter 15 cases.
  • The Stay Extension allows the Company to continue to operate in the ordinary course of business while conducting the SISP.
  • About Just Energy Group Inc.
    Just Energy is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions, carbon offsets and renewable energy options to customers.
  • Just Energy is the parent company of Amigo Energy, Filter Group, Hudson Energy, Interactive Energy Group, Tara Energy, and Terrapass.

Stone reports 2Q22 revenues of R$ 2.3 billion and consolidated TPV of R$ 91 billion, combined with solid profitability increase

Retrieved on: 
Thursday, August 18, 2022 - 9:54pm

SÃO PAULO, Aug. 18, 2022 /PRNewswire/ -- Today, August 18, StoneCo Ltd. (Nasdaq: STNE) reported its financial results for the second quarter of 2022. The highlights are net revenues of R$ 2.3 billion, 5% above the guidance, and pre-tax earnings of R$ 107 million, 19% above the guidance. Revenue growth was driven by a 101.5% year on year rise in revenues from the Financial Services segment, which reached R$ 1.9 billion, combined with a 23% increase in revenues from the Software segment, which reached R$ 351 million. The company expects to continue consistently growing revenue and expanding margins throughout 2022.

Key Points: 
  • The highlights are net revenues of R$ 2.3 billion, 5% above the guidance, and pre-tax earnings of R$ 107 million, 19% above the guidance.
  • Revenue growth was driven by a 101.5% year on year rise in revenues from the Financial Services segment, which reached R$ 1.9 billion, combined with a 23% increase in revenues from the Software segment, which reached R$ 351 million.
  • Stone focus remains on balancing growth and profitability, mainly in micro, small and medium-sized businesses (MSMB) operations.
  • Total payment volume (TPV) grew 50% year on year, reaching R$ 91 billion in 2Q22.

Ross Stores Reports Second Quarter Earnings

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Thursday, August 18, 2022 - 9:01pm

Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 13 weeks ended July 30, 2022 of $1.11 on net income of $385 million.

Key Points: 
  • Ross Stores, Inc. (NASDAQ: ROST) today reported earnings per share for the 13 weeks ended July 30, 2022 of $1.11 on net income of $385 million.
  • Sales for the second quarter of 2022 were $4.6 billion versus $4.8 billion in the prior year period.
  • These results compare to earnings per share of $2.73 on net earnings of $971 million in the first half of 2021.
  • Ms. Rentler further noted, During the second quarter, we repurchased 2.9 million shares of common stock for an aggregate price of $235 million.

University of Phoenix Alumna Bridget Kaigler Named One of Top 50 Women in Accounting for 2021 in Global Recognition by Ignition

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Thursday, August 18, 2022 - 8:00pm

University of Phoenix celebrates the recognition of its alumna Bridget Kaigler, CPA, CGMA, CMA, MBA, as one of the Top 50 Women in Accounting for 2021, a global award supported by Ignition , the worlds first client engagement and commerce platform for the professional services industry.

Key Points: 
  • University of Phoenix celebrates the recognition of its alumna Bridget Kaigler, CPA, CGMA, CMA, MBA, as one of the Top 50 Women in Accounting for 2021, a global award supported by Ignition , the worlds first client engagement and commerce platform for the professional services industry.
  • Eight different countries are represented by the Top 50 Women in Accounting, award; Kaigler is one of 16 leaders from the U.S.
    My accounting degree helped launch the beginning of a series of accomplishments and milestones that led to this recognition, states Kaigler.
  • This award is special because it honors both my own accomplishments as well as my commitment to advancing the diversity of the industry.
  • University of Phoenix is continually innovating to help working adults enhance their careers in a rapidly changing world.

Morgan Stanley at Work Enhances Technology to Deliver Time and Cost Savings to Stock Plan Administrators and Participants

Retrieved on: 
Thursday, August 18, 2022 - 7:00pm

Shareworks, a part of Morgan Stanley at Work, is provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.

Key Points: 
  • Shareworks, a part of Morgan Stanley at Work, is provided by Morgan Stanley Smith Barney LLC, member SIPC, and its affiliates, all wholly owned subsidiaries of Morgan Stanley.
  • Equity Edge Online employee stock plan solutions are offered by E*TRADE Financial Corporate Services, Inc. which are part of Morgan Stanley at Work.
  • In connection with stock plan solutions offered by Morgan Stanley at Work, E*TRADE Securities LLC and Morgan Stanley Smith Barney LLC provide brokerage services to stock plan participants.
  • Morgan Stanley Wealth Management is the trade name of Morgan Stanley Smith Barney LLC, a registered broker-dealer in the United States.

PhosAgro Board of Directors Applauds Company’s Progress on Key Investment Projects under Development Strategy to 2025

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Thursday, August 18, 2022 - 6:06pm

Moscow At its meeting today, the Board of Directors of PhosAgro, one of the worlds leading vertically integrated phosphate-based fertilizer producers, applauded the Companys progress in implementing key investment projects within the framework of its Development Strategy to 2025.

Key Points: 
  • Moscow At its meeting today, the Board of Directors of PhosAgro, one of the worlds leading vertically integrated phosphate-based fertilizer producers, applauded the Companys progress in implementing key investment projects within the framework of its Development Strategy to 2025.
  • In addition, the Board decided to recommend that the Companys Management Board approve a new version of the budget for 2022.
  • The Board of Directors approved revised versions of the Regulation on the Companys Board of Directors Strategy and Sustainable Development Committee and the Regulation on the Operation of the PhosAgro Hotline; the Board also determined the amount of remuneration for the Companys RAS auditor.
  • The Board proposed that an Extraordinary Meeting of Shareholders approve a new version of the Regulation on the Companys Board of Directors.

Comstock Cellulosic Ethanol Technology Ready For Commercial Deployment

Retrieved on: 
Thursday, August 18, 2022 - 3:24pm

VIRGINIA CITY, Nev., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (Comstock and the Company) today announced that it is marketing its cellulosic ethanol production technology for construction of commercial scale facilities, with a focus on upgrading pre-existing first generation corn ethanol facilities to convert forestry residuals and other forms of lignocellulosic biomass into cellulosic ethanol at dramatically improved yield, efficiency, and cost when compared to corn.

Key Points: 
  • VIRGINIA CITY, Nev., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE: LODE) (Comstock and the Company) today announced that it is marketing its cellulosic ethanol production technology for construction of commercial scale facilities, with a focus on upgrading pre-existing first generation corn ethanol facilities to convert forestry residuals and other forms of lignocellulosic biomass into cellulosic ethanol at dramatically improved yield, efficiency, and cost when compared to corn.
  • Comstocks first biointermediate is a purified form of cellulosic sugar that can be used as a chemically identical drop-in feedstock in corn ethanol facilities to produce about 80 gallons of advanced cellulosic ethanol per dry ton of woody biomass.
  • Under current market conditions, our cellulosic ethanol would have a market value in California of approximately $6.30 per gallon, as compared to just over $3.00 per gallon for corn ethanol.
  • Comstock is evaluating a number of existing first generation corn ethanol facilities for upgrades to and construction of co-located commercial scale cellulosic ethanol production.

July Year-Over-Year U.S. Travel Agency Air Ticket Sales Increase 69%

Retrieved on: 
Thursday, August 18, 2022 - 4:00pm

Airlines Reporting Corp. (ARC) today released data showing ARC-accredited travel agency air ticket sales totaling $6.8 billion in July 2022, a 69% year-over-year increase from July 2021.

Key Points: 
  • Airlines Reporting Corp. (ARC) today released data showing ARC-accredited travel agency air ticket sales totaling $6.8 billion in July 2022, a 69% year-over-year increase from July 2021.
  • * The average U.S. round-trip air travel ticket price was $555 in July 2022, up 21% from July 2021 and 8% lower than June 2022.
  • Results are based on monthly sales data ending July 31, 2022, from 10,657 U.S. retail and corporate travel agency locations, satellite ticket printing offices and online travel agencies.
  • The average ticket price (USD) is for a round-trip ticket settled through ARC for an itinerary that included only U.S. domestic travel.

NuggMD Now Offers Marijuana Telemedicine Service to 200M Americans with West Virginia Expansion

Retrieved on: 
Thursday, August 18, 2022 - 3:00pm

 MORGANTOWN, W.Va., Aug. 18, 2022 /PRNewswire/ -- NuggMD, the nation's leading medical marijuana telemedicine platform, is launching its service in West Virginia for just $139. Since its founding in 2015, NuggMD has connected over 1,000,000 patients to their medical marijuana physicians in California, Connecticut, Illinois, Iowa, Maine, Maryland, Massachusetts, Michigan, Missouri, Montana, Nevada, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Texas, and Virginia. West Virginia now marks the 19th state NuggMD services, providing coverage to 58% of Americans.

Key Points: 
  • MORGANTOWN, W.Va., Aug. 18, 2022 /PRNewswire/ -- NuggMD , the nation's leading medical marijuana telemedicine platform, is launching its service in West Virginia for just $139.
  • West Virginia now marks the 19th state NuggMD services, providing coverage to 58% of Americans.
  • "Medical marijuana has been legal in West Virginia for five years," says Kam Babazade, COO and Co-founder of NuggMD.
  • They've connected over 1,000,000 patients face-to-face with their new medical marijuana doctors via their state-of-the-art telemedicine platform.

Coming First to T-Mobile: New motorola edge

Retrieved on: 
Thursday, August 18, 2022 - 2:10pm

T-Mobile (NASDAQ: TMUS) announced today that the new motorola edge , Motorolas newest 5G smartphone, will be available to Un-carrier customers in the coming weeks.

Key Points: 
  • T-Mobile (NASDAQ: TMUS) announced today that the new motorola edge , Motorolas newest 5G smartphone, will be available to Un-carrier customers in the coming weeks.
  • T-Mobile will be the first provider to launch the new motorola edge and new and existing customers can get it FREE when adding a qualifying line.
  • The motorola edge also supports standalone 5G Carrier Aggregation (NRCA), which allows customers to experience greater performance, including faster speeds.
  • High-end Specs: The motorola edge features a 50MP high-res camera system with OIS and omni-directional PDAF technology for brighter, more detailed photos and videos.