by tyler | Sep 27, 2023 | Press Article
BETHESDA, Md., Sept. 27, 2023 /PRNewswire/ — Alley Cat Allies, the leader of the global movement to protect cats and kittens, is proud to announce that its strong financial health and ongoing accountability and transparency has earned a Four-Star Rating from Charity Navigator. This rating designates Alley Cat Allies as an official “Give With Confidence” organization, indicating that it is using donations effectively based on Charity Navigator’s criteria.
Donations to Alley Cat Allies support work in the following areas:
- Advocacy work for laws that protect and improve the lives of cats and increase investigation and prosecution of animal cruelty;
- Humane and direct care for cats that encompasses disaster response, emergency surgery, spay and neuter, vaccinations, microchipping, and other needed treatment; and education and outreach programs to empower grassroots groups, individuals, and leaders to improve their communities for cats;
- Advocacy for nonlethal, evidence-based policies and programs to benefit cats and communities, including Trap-Neuter-Return (TNR).
“Good governance and financial health continue to be a priority for Alley Cat Allies, and the Four-Star Charity Navigator rating is further evidence of our commitment to excel in these areas,” said Coryn Julien, communications director for Alley Cat Allies. “We thank our supporters for standing with us in trust and solidarity as we work to protect and improve the lives of cats and kittens everywhere.”
Charity Navigator is America’s largest and most-utilized independent charity evaluator. Since 2001, the organization has been an unbiased and trusted source of information for more than 11 million donors annually.
“We are delighted to provide Alley Cat Allies with third-party accreditation that validates their operational excellence,” said Michael Thatcher, president and CEO of Charity Navigator. “The Four-Star Rating is the highest possible rating an organization can achieve. We are eager to see the good work that Alley Cat Allies is able to accomplish in the years ahead.”
Charity Navigator analyzes nonprofit performance based on four key indicators, referred to as beacons. Currently, nonprofits can earn scores for the Impact & Results, Accountability & Finance, Culture & Community, and Leadership & Adaptability beacons.
Learn more about Alley Cat Allies’ work to protect cats at alleycat.org.
About Alley Cat Allies
Alley Cat Allies believes every cat deserves to live out his or her life to the fullest.
Founded in 1990, Alley Cat Allies is the leading advocacy organization for cats with a mission to transform and develop communities to protect and improve the lives of all cats and kittens. Together with our more than 800,000 supporters, we work toward a world where all cats are valued and every community has humane and effective programs and policies to defend them.
Through our fearless advocacy, humane care, education and outreach, and law and policy activism, we empower and mobilize citizens, advocates, grassroots groups, shelters, veterinary professionals, and elected officials across the United States and around the world to improve their communities for cats through nonlethal, evidence-based approaches.
Our website is www.alleycat.org, and we are active on Facebook, X (Twitter), Instagram, Linkedin and YouTube.
SOURCE Alley Cat Allies
by tyler | Sep 27, 2023 | Press Article
NEW YORK, Sept. 27, 2023 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for ACGL, ONCY, BXRX, FEMY, and TRCTF.
To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.
- ACGL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ACGL&prnumber=092720232
- ONCY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=ONCY&prnumber=092720232
- BXRX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=BXRX&prnumber=092720232
- FEMY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=FEMY&prnumber=092720232
- TRCTF: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=TRCTF&prnumber=092720232
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
SOURCE InvestorsObserver
by tyler | Sep 27, 2023 | Press Article
NEW YORK, Sept. 27, 2023 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for AMLI, AVTX, SEEL, RIVN, and IMVT.
To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.
- AMLI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=AMLI&prnumber=092720230
- AVTX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=AVTX&prnumber=092720230
- SEEL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=SEEL&prnumber=092720230
- RIVN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=RIVN&prnumber=092720230
- IMVT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?stocksymbol=IMVT&prnumber=092720230
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
SOURCE InvestorsObserver
by tyler | Sep 27, 2023 | Press Article
NEW YORK, Sept. 27, 2023 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for TSLA, M, PLTR, GE, and OPEN.
Click a link below then choose between in-depth options trade idea report or a stock score report.
Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.
Stock Report – Measures a stock’s suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street’s opinion including a 12-month price forecast.
- TSLA: https://www.investorsobserver.com/lp/pr-options-lp-2/?stocksymbol=TSLA&prnumber=092720231
- M: https://www.investorsobserver.com/lp/pr-options-lp-2/?stocksymbol=M&prnumber=092720231
- PLTR: https://www.investorsobserver.com/lp/pr-options-lp-2/?stocksymbol=PLTR&prnumber=092720231
- GE: https://www.investorsobserver.com/lp/pr-options-lp-2/?stocksymbol=GE&prnumber=092720231
- OPEN: https://www.investorsobserver.com/lp/pr-options-lp-2/?stocksymbol=OPEN&prnumber=092720231
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
SOURCE InvestorsObserver
by tyler | Sep 27, 2023 | Press Article
LONDON, Sept. 27, 2023 /PRNewswire/ — On 12 September 2023, the Issuer and DTEK Holdings Limited (the “Offeror“) published a tender offer and consent solicitation memorandum (the “Memorandum“) setting out the terms of certain proposed amendments to the indenture governing the Notes (the “Indenture“) and a tender offer for the Notes by the Offeror. Following the publication of the Memorandum an ad hoc group of holders of the Notes (the “Ad Hoc Group“) engaged Cleary Gottlieb Steen & Hamilton LLP (“CGSH“) and entered into discussions with the Issuer and the Offeror with respect to the terms of the consent solicitation and the tender offer.
On 25 September 2023, the Issuer and the Offeror published an amended and restated tender offer and consent solicitation memorandum (the “Amended and Restated Memorandum“). Terms defined in the Amended and Restated Memorandum are used herein as so defined unless expressly indicated otherwise.
Although the Amended and Restated Memorandum incorporates a number of comments raised by the Ad Hoc Group, the Issuer has largely retained proposed amendments to the Restricted Payments covenant contained in the Indenture and to certain related definitions (despite the concerns expressed by the Ad Hoc Group).
The effect of the proposed amendments to the Restricted Payments covenant is two-fold: (i) the amendments to the definition of “Consolidated Net Income” set out in paragraph (b) on page 27 of the Amended and Restated Memorandum have the effect of substantially inflating the Consolidated Net Income compared to how it is calculated under the existing Indenture provisions, and (ii) the amendments to Section 4.06 of the Indenture set out in paragraph (i) on pages 29 and 30 of the Amended and Restated Memorandum have the effect of permitting the Parent Guarantor and the Restricted Subsidiaries to make material Restricted Payments which are not permitted under the existing Indenture provisions.
In particular, the new additions to the definition of the Consolidated Net Income result in additional positive adjustments to the Consolidated Net Income for the year ended 31 December 2022 of approximately UAH 25.9bn and in additional positive adjustments for the six months ended 30 June 2023 of approximately UAH 4.0bn. The breakdown of the adjustments is set out below (with the new limbs of the Consolidated Net Income definition set out at rows (10) to (14)):
|
|
Year ended 31
Dec 2022
|
|
6 months ended
30 Jun 2023
|
|
|
|
(UAH millions, except as otherwise specified)
|
|
|
Profit/(loss) for the period
|
|
(5,798)
|
|
6,231
|
|
|
Consolidated Net Income adjustments:
|
|
|
|
|
|
|
(1) any net gain (or loss) realized upon the sale or other disposition of any asset, disposed
operations
|
|
172
|
|
(16)
|
|
|
(2) any extraordinary or non-recurring gain, loss or charge
|
|
535
|
|
—
|
|
|
(3) net income of Restricted Subsidiaries not permitted to be distributed
|
|
—
|
|
—
|
|
|
(4) the net income or loss of any Person that is not a Restricted Subsidiary of the Parent
Guarantor or that is accounted for by the equity method of accounting
|
|
—
|
|
—
|
|
|
(5) any restoration to income of any contingency reserve
|
|
—
|
|
—
|
|
|
(6) non-cash gains or losses with respect to Hedging Obligations
|
|
—
|
|
—
|
|
|
(7) any goodwill or other intangible asset impairment charge
|
|
1,999
|
|
—
|
|
|
(8) any non-cash compensation charge arising from any grant of stock
|
|
—
|
|
—
|
|
|
(9) the cumulative effect of a change in accounting principles during such period
|
|
—
|
|
—
|
|
|
Total Consolidated Net Income adjustments under existing Indenture provisions
|
|
2,706
|
|
(16)
|
|
|
(10) non-cash foreign exchange gains or losses
|
|
14,303
|
|
37
|
|
|
(11) any property, plant and equipment impairment charge
|
|
966
|
|
55
|
|
|
(12) any income or charge attributable to a post-employment benefit scheme other than the
current service costs attributable to the scheme
|
|
763
|
|
466
|
|
|
(13) the cumulative effect of a change in non-cash provision of expected credit losses
|
|
1,802
|
|
235
|
|
|
(14) the cumulative effect of depreciation, amortisation and depletion during such period
|
|
8,090
|
|
3,184
|
|
|
Total additional Consolidated Net Income adjustments under new Indenture provisions
|
|
25,924
|
|
3,977
|
|
|
Total Adjustments
|
|
28,630
|
|
3,961
|
|
|
Consolidated Net Income
|
|
22,832
|
|
10,192
|
|
|
Average UAH/USD exchange rate for the period
|
|
32.27
|
|
36.57
|
|
|
Consolidated Net Income (U.S.$ million)
|
|
708
|
|
279
|
|
As a result, immediately after implementation of the proposed amendments to the Indenture the Issuer would have the ability to make Restricted Payments (including dividend distributions) in the amount of approximately USD 493.5m if the Consolidated Leverage Ratio does not exceed 2.5 to 1.0 and USD 740.3m if the Consolidated Leverage Ratio does not exceed 2.0 to 1.0.
The Ad Hoc Group believes that the proposed amendments would be materially prejudicial to the interests of the holders of the Notes as it would allow the shareholder to receive substantial amounts from the Parent Guarantor prior to the repayment of the Notes.
As many investors will be aware, the Notes are the product of a distressed debt exchange conducted in 2021 (which itself followed a prior distressed debt exchange in 2017). The covenants of the Notes, including, in particular, limitations on restricted payments and the excess cash sweep mechanism, were negotiated by Noteholders in exchange for extensive concessions in payment terms provided to the Issuer. The Ad Hoc Group believes the current proposal vitiates these carefully negotiated protections and is substantially detrimental to the interests of Noteholders.
In light of the foregoing, the Ad Hoc Group is of the view that Noteholders should not vote in favor of the proposed amendments.
The Ad Hoc Group is proposing a call for noteholders at 2:30 pm (London time) on 28 September 2023 to discuss the proposed amendments in the Amended and Restated Memorandum further.
Noteholders are invited to contact Solomon J. Noh, Alastair Goldrein or James Armshaw of CGSH if they would like the details to join the noteholder call or to discuss the contents of this press release.
The contact details for Messrs. Noh, Goldrein and Armshaw appear below:
|
Solomon J. Noh
|
[email protected]
Office: +44 (0) 20 7614 2306
Mobile: +44 (0) 78 4132 3679
|
|
Alastair Goldrein
|
[email protected]
Office: +44 (0) 20 7614 2322
Mobile: +44 (0) 77 3417 1953
|
|
James Armshaw
|
[email protected]
Office: +44 (0) 20 7614 2216
Mobile: +44 (0) 75 8105 3809
|
IMPORTANT NOTICE: Neither any member of the Ad Hoc Group nor CGSH assumes duty of care to any holder of the Notes and nothing in this press release shall constitute an investment advice. Each holder of the Notes should seek independent legal, financial and tax advice before making any investment decision with respect to the Notes or any other financial instruments.
SOURCE DTEK Energy B.V.
by tyler | Sep 27, 2023 | Press Article
SALT LAKE CITY, Sept. 27, 2023 /PRNewswire/ — LivAway Suites®, the economy-extended stay hotel brand built “for developers, by developers®,” has partnered with renowned hospitality customer support brand, Cloud5 Communications, a leading provider of communications and technology solutions for more than 5,000 hotels, MDUs, and commercial facilities across the Americas, to provide general reservations and guest relations support for its growing number of properties.
Supported by 1000+ of the industry’s most experienced and tenured agents and staff, Cloud5 Communications helps organizations meet revenue and reputation targets through a full range of Contact Center services, including general reservations, guest relations, group support, loyalty programs, and reputation management. The company is an expert in brand immersion training for its agents, so they can speak in the voice of their clients and provide enhanced support for businesses that have built their brand on the promise of exceptional service. LivAway Suites will work with Cloud5 to assist with guest experiences through voice reservations and guest relations.
“Our partnership with Cloud5 reinforces our tech-forward and guest-first mission in the hospitality and the extended-stay industry,” said Kevin Dailey, Chief Operating Officer of LivAway Suites. “Cloud5’s guest servicing features align with our values for the guest experience, and we’re looking forward to the future of our collaboration.”
“Our deep focus on the guest experience and the processes we have put in place to deliver high value, high-quality service across each and every customer interaction makes us an ideal partner to support LivAway Suites,” said Jason Reid, Senior Vice President and General Manager of the Cloud5 Contact Center. “Our proven Contact Center communication services and expertise in the hospitality industry will enable LivAway Suites to efficiently manage guest inquiries, reservations, and internal communication, leading to a seamless guest service experience.”
Since the launch of the brand in early 2023, LivAway Suites has broken ground on the metro area locations of Tennessee, Washington, Utah, and Montana, with over 25 other locations in various stages of development across the country. To learn more about LivAway Suites, visit www.livawaysuites.com
ABOUT LIVAWAY SUITES
LivAway Suites, based in Salt Lake City, Utah, is a new economy extended-stay hotel brand with a developer-centric business model and hotel design that helps our guests feel more at home while away. The brand is built on understanding the importance of offering guests “everything they need and nothing they don’t®” with straightforward services and pragmatic amenities that offer livability and comfort at an affordable rate. Built on a foundation of “for developers, by developers,” LivAway Suites is poised to disrupt the traditional hotel franchise model through transparent pricing and an improved return on investment.
For more information, visit www.livawaysuites.com.
ABOUT CLOUD5 COMMUNICATIONS
Cloud5 is the leading communications technology and services provider to customer- centric brands across the Americas. The company’s fast, reliable Internet solutions and flexible voice systems enhance the guest experience and resident satisfaction at more than 5,000 hotels, MDUs, and commercial facilities. Cloud5’s award-winning Contact Center combines innovation with skilled, highly tenured agents to deliver sales and service that add value across any channel. The company’s Managed Services Division helps properties manage, support and deliver on IT initiatives through its 24/7 service desk, 3rd party vendor management, IT and infrastructure system management and project management. For more information, visit www.cloud5.com.
SOURCE LivAway Suites
