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Month: May 2020

Three in four employers adjust workplaces in response to COVID-19, Willis Towers Watson survey finds

ARLINGTON, Va., May 21, 2020 (GLOBE NEWSWIRE) — U.S. companies are making a series of workplace adjustments as they prepare to operate in a post-COVID-19 environment, according to a new survey of employers by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company. Moreover, employers expect that the percentage of their workforce who are full-time employees working remotely after the pandemic will be three times as many compared with last year.The survey of 681 employers, conducted during the week of May 11, found nearly three in four respondents (74%) made adjustments to work to reflect the new post-pandemic protocol. Some examples include installing touchless payment systems, offering services via video rather than in person, creating more space on assembly lines or in distribution centers,...

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Smile Direct Club Launches Solution For Clear Aligner Patients Ready To Switch To Its Telehealth Platform

NASHVILLE, Tenn., May 21, 2020 (GLOBE NEWSWIRE) — SmileDirectClub, Inc. (NASDAQ: SDC) the first direct-to-consumer telehealth platform for teeth straightening today announced the introduction of ContinuedCare, a new offering for US-based consumers whose clear aligner therapy treatment has been interrupted due to the ongoing COVID-19 pandemic. With dental office closures for non-emergency procedures and economic impacts to some aligner providers during the pandemic, many clear aligner patients have been unable to receive the aligners, mid-course corrections or retainers they need to complete or maintain their treatment. SmileDirectClub’s ContinuedCare program will help these consumers resume treatment.ContinuedCare patients will be able to complete treatment using SmileDirectClub’s pioneering teledentistry platform and affiliated...

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Apollo Closes on $1.75 Billion in Commitments for Apollo Accord Fund III B

NEW YORK, May 21, 2020 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo” or the “Firm”) today announced that it has closed on approximately $1.75 billion in commitments for its dislocated credit offering, Apollo Accord Fund III B (the “Fund”). The Fund is the latest investment vehicle in its flagship Accord series, launched in 2017. Commitments for the Fund were raised over approximately 8 weeks, driven by institutional demand for strategies that invest amid the volatility and market conditions seen in the first quarter of 2020.“Apollo has a history of successfully investing during periods of dislocation, and we are pleased with the investor response to our Accord strategy that seeks to purchase mispriced credit risk,” said John Zito, Deputy CIO of Credit &...

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Slinger Bag Continues Global Expansion With UK and Ireland Distribution Agreement

Company Signs 5 Year Agreement With Leading Tennis Distributor Frameworks SportsBaltimore, MD, May 21, 2020 (GLOBE NEWSWIRE) — Slinger Bag Inc. (OTC: SLBG) Slinger Bag, the sports brand focused on innovating game improvement equipment for all ball sports, with an initial focus on the global tennis market, has announced an agreement with Framework Sports and Marketing Ltd (“Framework”) to distribute the Company’s Slinger Bag tennis ball launcher in the United Kingdom (“UK”) and Ireland. The agreement calls for an initial 5-year term and commences on May 21, 2020. Framework is a leading sports equipment distributor in the UK with more than 28 years of experience in the supply of racquet sport accessories.Framework will focus on building the Slinger brand across the UK and Ireland driven by sales of the company’s revolutionary Slinger...

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American International Holdings. Corp Acquires Controlling Interest in Online Career and Life Coaching Platform, LifeGuru.me

Addison, TX, May 21, 2020 (GLOBE NEWSWIRE) — American International Holdings Corp. (OTC Pink:AMIH)(the “Company”), today announced that it has completed the acquisition of a 51% interest in Life Guru, Inc., a Delaware corporation (“Life Guru”) from Global Career Networks Inc, a Delaware corporation (“GCN”), pursuant to a Securities Purchase Agreement (the “SPA”).Life Guru owns and is in the process of developing the website www.LifeGuru.me – a website dedicated to providing an online platform for a variety of life, executive, leadership and career coaches (collectively, “Coaches”) – to connect directly to their customers and clients to provide coaching and mentorship services. The LifeGuru.me website is currently in development and is anticipated to be fully launched on or before August 31, 2020.Life Guru intends to initially...

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Glass Lewis Recommends GCP Applied Technologies Shareholders Vote on the BLUE Proxy Card “FOR” GCP Director Nominees

Glass Lewis Recommends Voting “FOR” Randall Dearth, Clay Kiefaber, James Kirsch, Armand Lauzon, Jr., Philip Mason and Danny Shepherd on the BLUE Proxy CardGlass Lewis Recommends Shareholders Vote “FOR” Ratification ofShareholder Rights AgreementCAMBRIDGE, Mass., May 21, 2020 (GLOBE NEWSWIRE) — GCP Applied Technologies Inc. (NYSE:GCP) (“GCP” or the “Company”), a leading global provider of construction products technologies, today announced that Glass Lewis & Co. (“Glass Lewis”), a leading independent proxy advisory firm, recommends that shareholders vote “FOR” the Company’s highly-qualified director nominees – Randall Dearth, Clay Kiefaber, James Kirsch, Philip Mason, Danny Shepherd and Armand Lauzon – on the BLUE proxy card in connection with the Company’s 2020 Annual Meeting of Stockholders scheduled to be held on May 28,...

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Ryman Hospitality Properties, Inc. Selects Vanderbilt University Medical Center as Official Wellness Advisor for its Phased Reopening Strategy

NASHVILLE, Tenn., May 21, 2020 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”) announced today that it has selected Vanderbilt University Medical Center (“VUMC”), a leader in medical research and one of the top-ranked academic medical centers in the United States, as its official wellness advisor during the phased reopening of its businesses.Under the terms of the agreement, VUMC will provide support to the Company as it implements operating procedures, plans and training materials developed as part of a multi-phase health safety operations strategy for its Entertainment assets and its Gaylord Hotels network.The Company will consult with VUMC and local health officials as it moves between phases. A panel of VUMC clinical subject matter experts specializing in infectious disease control will provide...

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SHARC wins “Incubatenergy© Lab Challenge” by EPRI

VANCOUVER, British Columbia, May 21, 2020 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE:SHRC) (FSE:IWIA) (OTCQB:INTWF) (the “Company” or “SHARC”) is pleased to announce that it has won the opportunity to collaborate on a pilot project funded by the Electric Power Research Institute (“EPRI”) after presenting at the Incubatenergy© Labs Challenge. After being selected as 1 of 17 finalists from a pool of over 130 applicants, SHARC made a virtual pitch on April 7th. The Company has now been selected as 1 of 10 companies to demonstrate innovative power delivery and use technologies under the leadership of EPRI, Ameren Corporation, Tennessee Valley Authority and Southern California Edison. Nine additional utilities will participate in the projects to provide industry perspective and guidance.Incubatenergy Labs is a project created...

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Alliance Trust Net Asset Value

ALLIANCE TRUST PLC                                  At the close of business Wednesday 20 May 2020:The Company’s NAV per ordinary share, valued on a bid price basis with Debt at Par, was–       excluding income, 803.3p–       including income, 807.5p  The Company’s NAV per ordinary share, valued on a bid price basis with Debt at Fair Value, was–       excluding income, 794.3p–       including income, 798.5pFor further information, please contact: –NotesNet Asset Values are calculated in accordance with published accounting policies and AIC guidelines.The fair value of the Company’s fixed loan notes is calculated by reference to a benchmark gilt.

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ClearFiber Leverages DZS to Become First 10 Gig Service Provider in West Virginia

ALAMEDA, Calif., May 21, 2020 (GLOBE NEWSWIRE) — DASAN Zhone Solutions, Inc. (NSDQ: DZSI or “DZS”), a leading enabler of the emerging hyper-connected, hyper-broadband world, is proud to announce that fiber overbuilder ClearFiber is the first service provider in the state of West Virginia to launch 10 Gbps hyper-broadband data services to residents and businesses. Serving portions of Monongalia and Marion counties just outside of Morgantown, West Virginia, Clear Fiber is leveraging a world-class fiber optic infrastructure and the multi-terabit DZS MXK-F Series Platform coupled with indoor zNID optical network terminals (ONTs) to set a new level of broadband service excellence in the state.“We were astonished to learn that areas just outside of Morgantown – one of the nation’s great university towns and home to The University of West...

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