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Elbit Systems Signs Definitive Agreement to Sell Ashot to FIMI Opportunity Funds for $88 Million

Thursday, October 21, 2021 - 8:05am

(NASDAQ:ESLT) and (TASE: ESLT) ("Elbit Systems") announced today the signing of a definitive agreement for the sale of all ordinary shares held by its wholly-owned Israeli subsidiary, IMI Systems Ltd. ("IMI"), in IMI's 84.98%-owned subsidiary, Ashot Ashkelon Industries Ltd. (TASE: ASHO) ("Ashot") and all capital notes of Ashot held by IMI and Elbit Systems, to FIMI Opportunity Funds ("FIMI"), for approximately $88 million in cash (approximately NIS 285million).

Key Points: 
  • (NASDAQ:ESLT) and (TASE: ESLT) ("Elbit Systems") announced today the signing of a definitive agreement for the sale of all ordinary shares held by its wholly-owned Israeli subsidiary, IMI Systems Ltd. ("IMI"), in IMI's 84.98%-owned subsidiary, Ashot Ashkelon Industries Ltd. (TASE: ASHO) ("Ashot") and all capital notes of Ashot held by IMI and Elbit Systems, to FIMI Opportunity Funds ("FIMI"), for approximately $88 million in cash (approximately NIS 285million).
  • Ashot specializes in the manufacture of jet engine shafts, transmissions, gears and gearboxes, landing gear components and tungsten products for the aerospace and defense industries.
  • FIMI is a leading private equity fund in Israel with more than $5.5 billion in assets under management.
  • Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, said: "Since the acquisition of IMI by Elbit Systems, Ashot has undergone several processes to improve its business focus and operational efficiency.

Delta Community Opens New Chamblee-Brookhaven Branch

Wednesday, October 20, 2021 - 11:38pm

ATLANTA, Oct. 20, 2021 /PRNewswire/ --Delta Community Credit Union ( www.DeltaCommunityCU.com ), Georgia's largest credit union with more than $8.7 billion in assets, has opened a new branch in Chamblee, Georgia its second location in DeKalb County and 28th in metro Atlanta.

Key Points: 
  • ATLANTA, Oct. 20, 2021 /PRNewswire/ --Delta Community Credit Union ( www.DeltaCommunityCU.com ), Georgia's largest credit union with more than $8.7 billion in assets, has opened a new branch in Chamblee, Georgia its second location in DeKalb County and 28th in metro Atlanta.
  • More than 7,000 Delta Community members live within five miles of the new branch, located at 5001 Peachtree Boulevard in the Peachtree Station Shopping Center along with anchor tenant Whole Foods.
  • "We are excited to open Delta Community's newest branch in this vibrant Chamblee-Brookhaven retail corridor, as it reflects our commitment to expansion within metro Atlanta," said Delta Community CEO Hank Halter.
  • Founded in 1940, Delta Community is Georgia's largest credit union with more than 450,000 members, 28 metro Atlanta branches and three out-of-state branch locations.

New York State Occupational Therapy Association Announces Opening of 2021 Conference Registration

Wednesday, October 20, 2021 - 11:00pm

CHESTER, N.Y., Oct. 20, 2021 /PRNewswire-PRWeb/ --The New York State Occupational Therapy Association (NYSOTA) announced the dates of their 2021 annual conference on November 12th, 13th and 14th 2021.

Key Points: 
  • CHESTER, N.Y., Oct. 20, 2021 /PRNewswire-PRWeb/ --The New York State Occupational Therapy Association (NYSOTA) announced the dates of their 2021 annual conference on November 12th, 13th and 14th 2021.
  • Founded in 1959, the New York State Occupational Therapy Association (NYSOTA) is the primary professional organization representing over 22,000 occupational therapy practitioners and students in New York State.
  • NYSOTA collaborates with national professional organizations, New York State professional associations, and New York State governmental agencies to protect the integrity of the occupational therapy profession and assure consumer access to quality occupational therapy services.
  • Michelle Scanlon, New York State Occupational Therapy Association, +1 (518) 301-9187, nysota@gmail.com
    Madelyn McCarthy, New York State Occupational Therapy Association, (401) 965-2977, mmccarthy2@uri.edu

VIPS INVESTOR NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Vipshop Holdings Limited Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – VIPS

Wednesday, October 20, 2021 - 10:41pm

WHAT TO DO NEXT: To join the Vipshop class action, go to http://www.rosenlegal.com/cases-register-2178.html or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Vipshop class action, go to http://www.rosenlegal.com/cases-register-2178.html or call Phillip Kim, Esq.
  • toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Cigna Adds Iora Primary Care to Medicare Advantage Network in Phoenix Area

Wednesday, October 20, 2021 - 10:00pm

NASHVILLE, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Cigna Corporation, a global health services company, has added Iora Primary Care providers to its Medicare Advantage (MA) network in Arizonas Maricopa County, which includes Phoenix.

Key Points: 
  • NASHVILLE, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Cigna Corporation, a global health services company, has added Iora Primary Care providers to its Medicare Advantage (MA) network in Arizonas Maricopa County, which includes Phoenix.
  • As Cigna continues to expand its Medicare Advantage network we are building partnerships with providers that share our focus on delivering affordable, high-quality care, said Dan Hoemke, president of Cignas Medicare Advantage business in Arizona.
  • Cigna MA members can choose Iora Primary Care in Denver, Charlotte, Houston, Tucson and now Phoenix.
  • Our ability to offer Ioras care to Cigna Medicare customers moves us one step further in our journey to transform health care.

NOV Appoints Robert Welborn to the Board of Directors

Wednesday, October 20, 2021 - 9:30pm

NOV Inc. (NYSE: NOV) announced today that Robert Welborn has been appointed to the Companys Board of Directors, effective October 20, 2021.

Key Points: 
  • NOV Inc. (NYSE: NOV) announced today that Robert Welborn has been appointed to the Companys Board of Directors, effective October 20, 2021.
  • Mr. Welborn holds a Bachelor of Science in Engineering from Texas A&M University and a Master of Business Administration from the University of California, San Diego.
  • With the appointment of Mr. Welborn, NOVs board of directors is now composed of ten directors, nine of which are independent members.
  • For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact.

Rimini Street to Report Third Quarter 2021 Financial Results on November 3, 2021

Wednesday, October 20, 2021 - 9:15pm

The Company will host a conference call and webcast on that date to discuss the third quarter 2021 results and outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time.

Key Points: 
  • The Company will host a conference call and webcast on that date to discuss the third quarter 2021 results and outlook at 5:00 p.m. Eastern / 2:00 p.m. Pacific time.
  • A live webcast of the event will be available on Rimini Streets Investor Relations site at https://investors.riministreet.com/news-events/events .
  • To learn more, please visit http://www.riministreet.com , follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn .
  • Rimini Street is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

Chapters Health System Names Healthcare Industry Leader as First Chief People Officer

Wednesday, October 20, 2021 - 9:49pm

TAMPA, Fla., Oct. 20, 2021 /PRNewswire-PRWeb/ --Chapters Health System, one of the nation's premier not-for-profit, community-based healthcare organizations headquartered in Temple Terrace, names Nikki Romence as the organization's first chief people officer.

Key Points: 
  • TAMPA, Fla., Oct. 20, 2021 /PRNewswire-PRWeb/ --Chapters Health System, one of the nation's premier not-for-profit, community-based healthcare organizations headquartered in Temple Terrace, names Nikki Romence as the organization's first chief people officer.
  • "At Chapters Health, we are pleased to have Nikki join our family," said Andrew Molosky, MBA, FACHE, CHPCA, president and chief executive officer for Chapters Health.
  • Prior to joining Chapters Health, Romence was the assistant vice president of human resources for Bronson Healthcare in Kalamazoo, Michigan.
  • As a progressive leader and premier health system, Chapters Health System is dedicated to delivering innovative home health, palliative and hospice care along with durable medical equipment and pharmacy services.

Platinum MPC Sponsor Arkose Labs Kicks Off Credential Stuffing Week

Wednesday, October 20, 2021 - 9:00pm

Marla Ellerman, executive director, The MPC Digital Commerce Event , applauds Arkose Labs for raising awareness about financial crimes.

Key Points: 
  • Marla Ellerman, executive director, The MPC Digital Commerce Event , applauds Arkose Labs for raising awareness about financial crimes.
  • Kevin Gosschalk, co-founder and CEO at Arkose Labs, said, "As credential stuffing grows in popularity amongst fraudsters, so too does the need to fully understand this type of cyberattack as well as the tools needed to mitigate it, which is why we created Credential Stuffing Week.
  • Gosschalk, who delivered a keynote address at MPC21, stated Arkose Labs stopped 285 million credential stuffing attacks in the first half of 2021.
  • A replay of Gosschalk's keynote is available at https://www.youtube.com/watch?v=nsc70VmfIf4
    Businesses deserve protection and partnership from security providers, Gosschalk stated; Arkose Labs' credential stuffing warranty covers up to $1 million in response expenses.

Rush Enterprises, Inc. Reports Third Quarter 2021 Results, Announces $0.19 Per Share Dividend

Wednesday, October 20, 2021 - 9:10pm

The Company achieved a record quarterly absorption ratio of 134.0% in the third quarter of 2021, compared to 119.4% in the third quarter of 2020.

Key Points: 
  • The Company achieved a record quarterly absorption ratio of 134.0% in the third quarter of 2021, compared to 119.4% in the third quarter of 2020.
  • The Company sold 1,712 used commercial trucks in the third quarter of 2021, a decrease of 16.7% over the third quarter of 2020.
  • We believe our fourth quarter used truck sales will be similar to our third quarter results, said Rush.
  • Aftermarket products and services revenues were $463.0 million in the third quarter of 2021, compared to $400.3 million in the third quarter of 2020.