Giant Food Launches Integrated eCommerce Shopping Experience

Giant Food has announced that the company has launched the integrated eCommerce shopping experience for its customers. The company has further added that all its customers can avail its new shopping experience by using the Giant Food Mobile App and by visiting the GiantFood.com website.

The integrated eCommerce platform also combined Peapod.com and Giantfood.com to create a full-fledged website on Giantfood.com for its customers. The company has further added that all its customers, who previously used the home delivery via Peapod, will now be able to use the same eCommerce platform through integrated free mobile app or giant website.

All the items are hand-picked and delivered right at the doorstep of customers in the least possible time frame.

With the help of this collaboration, the Pickup and Delivery options of Giant are available to over 6 million customers across Delaware, Maryland, Virginia and Washington, D.C. Customers also have the option to choose from the same day delivery or flexible order windows.

President of Giant Food, Ira Kress said, “Consumer preferences are shifting, and at Giant, convenience and value are key. We are a brand with over 84 years of serving our customers locally in our community, and we are excited to extend that commitment with the launch of our one-stop integrated digital experience.”

“The new Giantfood.com brings customers the flexibility to shop how and when they like through the new seamless platform, with the same quality of products they expect in any of our stores,” President of Giant Food Ira Kress further added.

“Beyond choosing where and how they want to place grocery orders, customers are able to browse rewards offerings that help them earn gas and grocery points, as well as save shopping lists, and view personalized product recommendations,” President of Giant Ira Kress concluded.

Global Cord Blood Corporation Announces Fourth Quarter and Full Year of Fiscal 2020 Results

Global Cord Blood Corporation has announced the further quarter and full year of Fiscal 2020 fiscal results. The Q4 revenues of the company increased by 19.2% YoY to RMB299.9 million. The new Subscribers of the company were 18.488. The gross profit of the company increased by 25.5% to RMB256.4 million. The gross margin of the company increased to 85.5% from 81.2% in the previous year period since April 2019.

The net income attributable of the company increased by 6.5% YoY to RMB97.0 Million. The net cash of the company provided by the operating activities decreased by 59.4% Year over Year to RMB90.0 Million due to the impact of Covid-19 pandemic and it remains challenged to recruit new subscribers.

The operating income before amortization and depreciation expense increase by 58.7% YoY to RMB161.7 Million in total.

Chief Executive Officer and Chairman of CGBC, Mr. Ting Zhen said, “Despite the difficult market conditions resulting from the unprecedented COVID-19 pandemic and a continued decrease in newborn numbers in the markets in which we operate, we managed to recruit over 84,000 new subscribers during fiscal 2020 and achieved our full-year target.”

“As the impact of COVID-19 lingers, hospitals in China have implemented strict access rules, and consumers remain cautious on interpersonal contact and discretionary spending. In addition, the regulatory uncertainties of the cord blood banking industry in China continue to exist,” Mr. Ting Zheng further added in the statement.

“Therefore, we believe that the business environment for the next fiscal year will remain challenging. However, we will continue to execute on our strategy to overcome the short-term challenges, focus on achieving operational targets, and explore business opportunities to pave a solid path for our long-term development,” Ms. Ting Zheng concluded.

Palomar Holdings Announces Pricing of underwritten Public Offering of Common Stock

Palomar Holdings, Inc. has priced the previously announced underwritten public offering of 1,000,000 shares of its common stock at the rate of $0.0001 per share at a public offering rate of $82.00 per share. The underwriters have a 30-day option to purchase additional shares of common stock numbering up to 150,000 at the public offering price after underwriting discounts and commissions. Underwriter will buy the shares from the Company.

The Company will use the net proceeds provided from offering for general corporate purposes, which also include to contributions to the gaining capital for Palomar Excess and Surplus Insurance Company and to use as support fund for future growth.

Seven financial firms Barclays Capital Inc., J.P. Morgan and Keefe, Bruyette & Woods, Inc., Evercore Group L.L.C., William Blair & Company, L.L.C., Piper Sandler & Co., and SunTrust Robinson Humphrey, Inc. performed the duty of managing the book-running of the Offering. While JMP Securities LLC was the co-manager for the Offering.

Palomar Holdings, Inc. is the parent company and also works as insurance holding company for its of its operating subsidiaries. Operating subsidiaries include Palomar Specialty Insurance Company, Palomar Specialty Reinsurance Company Bermuda Ltd., Palomar Insurance Agency, Inc. and Palomar Excess and Surplus Insurance Company.

Bimini Health Tech Successfully Acquires Healeon Medical

Bimini Health Tech has announced that the company has successfully acquired the Haeleon Medical. The recent acquisition of Healeon Medical will also bring more diversity in the company’s portfolio of products, including developing, continuing its mission of discovering and acquiring therapies and medical technologies.

Healeon Medical designs manufacturers and markets top of the line medical devices for extracting concentrating and processing various sizes of human tissues and therapeutic applications. The company focused on working on the cellular activity to assist in enhancing and restoring the tissue-specific functional level.

Bimini Health Tech is a leader supplier of regenerative product in therapy market. The company focuses on formulating, manufacturing and developing commercialize products that are simple, elegant and possess proven therapeutic and aesthetic benefits. The company is engaged in the manufacturing of state of the art innovative aesthetic care products Since 2013. The company’s portfolio includes, the Dermapose, Puregraft and Kerastem.

Chief Executive Officer Bimini Health Tech, Brad Conlan said, “The acquisition of Healeon brings tremendous value to Bimini’s current product portfolio.  Healeon’s commercially available PRP products and adipose product pipeline allows Bimini to offer a comprehensive set of autologous (cells or tissues obtained from the same individual) therapies to physicians globally.”

“The Healeon technology is complemented by a team bringing years of medical device sales and marketing experience to Bimini.  The combination of our two companies further establishes Bimini as a global leader in the regenerative medicine market,” Brad Conlan further added in his statement.

Chief Executive Officer of Healeon Medical, Jeff Greiner said, “Healeon is thrilled to become part of the Bimini portfolio, continuing our mission of bringing novel technologies to the global regenerative medicine marketplace.  The combined experience coupled with the breadth of products, positions Bimini Health Tech to be a formidable leader for years to come.”

WWF and Google Collaborate To Innovate Fashion Industry

WWF Sweden and Google announced that both the companies have collaborated to innovate the fashion industry. The proposed collaboration will help both companies to project and draw unique strengths and qualities of both the organizations.

Today’s fashion industry accounted for 2-8% of greenhouse gas emission and 20% of wastewater and the ratio is expected to increase up to 50% by the year of 2030. The majority of the impact occurs in the production process and fragmentation of raw material required for the industry.

Head of Customer Engineering, Retail, Google UK/ IE, Ian Pattison said, “It’s our ambition to create a data-enriched decision-making platform that enables analysis of the supply chain in a way that has not been possible before at this scale.”

Chief Executive Officer of WWF Sweden, Hakan Wirten said, “WWF’s partnership work with companies has always been motivated by the need to drive real transformation at the largest possible scale.”

“This project is an excellent example of how we can take valuable work with a long term partner like IKEA, collaborate with another strong WWF partner like Google to make that work even more powerful, and make it open source so that hopefully it can help with the transformation of a whole industry,” Hakan Wirten further added in his statement.

“Partnering with WWF brings together Google Cloud’s technical capacity, including big-data analysis and machine learning, and WWF’s deep knowledge of assessing raw materials. Together, we can make supply chain data visible and accessible to decision makers, and drive more responsible and sustainable decisions,” Ian Pattison further added.

Google Sustainability Officer, kate Brandt said, “Sustainability is a challenge that crosses industry boundaries, and we firmly believe that solutions require strong partnerships and collaboration.”

“Our ambition is to fill fundamental data gaps by bringing greater accuracy to environmental reporting—ultimately moving toward more sustainable processes. By combining our technology, and with data inputs from many key industry brands and retailers, we believe we can significantly magnify this work together,” Kare Brandt concluded.

Wanda Sports Group Company Limited Announces Q1 2020 Financial Results

Wanda Sports Group Company Limited announced the quarter first 2020 results. According to the details, the company has generated the total revenue from continuing operations up to €163.7 million in the Q1 2020 as compared to the previous quarter of €219.9 million. The loss for the period from continuing operation was €4.3 million in the first quarter of 2020 as compared to the previous quarter of €3.4 million of the previous quarter of 2019.

The adjusted EBITDA for the company from the continuing operation reached at €20.7 million in the Q1 2020 as compared to the previous quarter of €28.2 million of the previous quarter of 2019. During the Q1 2020, the company has successfully expanded its strategic partnership with the International Biathlon Union (IBU) for exclusive marketing and media rights until the 2020/30 season.

Chief Executive Officer of Wanda Sports Group, Mr. Hengming Yang said, “We started off the year with good momentum from all of our business segments. However, almost all major sporting events were postponed or cancelled starting in March of this year due to the global COVID-19 pandemic. Despite unprecedented market conditions, we still delivered revenue of €163.7 million, primarily driven by our resilient business model and long-term contractual agreements, especially from our Spectator Sports segment.”

“In facing the market challenges, we plan to leverage our advanced technology and to concentrate our innovative efforts for expanded and differentiated content and digital solutions to further drive the engagement of our athletes, fans and partners,” added Mr. Hengming.

“As we see the sport sector gradually re-open after the Covid-19 related lockdowns, we believe we are well-prepared to actively serve our partners and clients across our different markets based on our global diversity, expertise and broad capabilities continue to believe in the long-term global dynamics of the sports industry, and our ability to execute our growth strategies to further reinforce our strengths and competitive advantages.” Mr. Hengming concluded

California Hospitals Reports Billions OF Losses Due To Covid-19 Pandemic

A new data analysis report prepared by the Kaufman Hall Shows had reported that the California hospitals are facing up to $16.7 billions in revenues by April 2020 due to the recent and ongoing Covid-19 pandemic.

All the medical centers and healthcare service providers in California have already shut down the non-emergency and most elective services in march to prepare for the ongoing Covid-19 patients. After the cancellation of electric and emergency, the hospitals in California bear the loss of more than $6.3 billion in the month of April alone.

Top analysts believe that all the medical healthcare centers in California have to bear the loss of $11.2 billion by the end of 2020 year. Furthermore, the ongoing Covid-19 pandemic would significantly challenge the ability of the hospitals to remain financially stable for the years to come.

Chairman of Kaufman Hall, Ken Kaufman said, “Since the outset of the pandemic, California hospitals have rightfully focused their efforts on caring for COVID-19 patients, protecting their workers, and preserving the safety of their communities.”

“Our research shows that these vital efforts have come at an extremely high cost. When coupled with an already challenging financial environment prior to COVID-19, California hospitals are now facing a very difficult path forward,” Ken Kaufman further added.

Managing Director at Kaufman Hall, Jody Hill-Mischel said, “California hospitals took necessary actions to care for patients during a public health emergency and comply with a state order. But the impacts have been severe, especially considering that hospitals were already facing difficult economic headwinds.”

“The financial burdens on California hospitals have already been significant, and they are likely to grow for the foreseeable future. Hospitals that already have been financially challenged may not be able to survive this crisis,” Mischel further added in his statement.

Arçelik Announces Short, Medium And Long Term Targets Towards 2030

Arcelik has adopted the “Respecting the World, Respected Worldwide” vision and publishes its 12th sustainability report by announcing short, medium and long-term targets towards 2030. The company shared its solution under the “In Touch with our Planet” to combat the environmental and climate crisis. The company is optimistic to establish 15 MW of renewable energy systems by the year of 2030.

It will also help to reduce the energy consumption in other countries, including Pakistan, Turkey, China, Russia, South Africa, Romania and Thailand to the base year of 2015. The company will help the 80 million people to raise awareness on healthy living with the company’s ongoing programs catered for the future generations.

The company is also joining the fight against food waste to raise awareness among people to reduce their food wastage to help fight poverty.

The company has reinforced its leadership skills in premier international and domestic platforms through its sustainability effort in 2019. The Dow Jones Sustainability Index has selected the company for the leaders in “Household Durables”.

Chief Executive Officer of Arcelik, Hakan Bulgurlo said, “A sustainable world is possible in the future with the steps we will take today. Our ‘In Touch Technology’ approach is based on this point of view. With our global reach, broad network of stakeholders, and our technologies that improve our planet, lives and business, we strive to be a part of the solution in tackling environmental and social problems.”

“The COVID-19 outbreak has affected the whole world in a short period of time, and it has once again reminded us that our most important responsibility is to protect our environment, the ecosystem, biodiversity and natural resources. We believe that all companies will adopt sustainability as their business model after the pandemic. People will also encourage companies to take responsibility for environmental and social problems with their purchase decisions,” Hakan Burgurlo further added.

Advisors Excel Announces $15,000 Scholarships For Women And Minorities In Kansas State University

Advisors Excel has announced that it has decided to grant 3 $5,000 scholarships to encourage the minorities and women to continue their higher education studies in Kansas State University” Personal Financing Planning (PFP) program. The company has further added that it will review each scholarship on an annual basis.

The PFP program awarded by Kansas State University helps to groom students for careers in the domain of the financial services industry. The course provides both the options of online and on-campus degree programs.

The course outline provides technical expertise to students in various disciplines, including the insurance, tax, investment and retirement planning. All the university programs are fully accredited and registered with the CFP Board.

Co-Founder of Advisors Excel, Cody Foster said, “For the 20 years I’ve been in the financial services industry, there have been many discussions about the lack of minorities and women in the profession.”

“We want to start taking action and change that, and education seems like a great place to start.  We are lucky to have one of the most recognized and respected Personal Financial Planning departments in the country, right down the road at Kansas State University, and we are excited to be partnering with them on this initiative,” Cody Foster further added.

Associate professor of Personal Financial Planning at Kansas State University and Head of Department, Dr. Martin Seay said, “Advisors Excel has been a strong partner of the Personal Financial Planning department.”

“They are keenly interested in broadening awareness of financial planning as a career and supporting students’ professional development. This new scholarship initiative encapsulates that focus, providing the critical support needed to increase the diversity of the financial planning workforce, with a focus on reinvesting in their hometown of Topeka,” Dr. Martin Seay further added.

The AIR Company of Georgia Appoints New Chief Executive Officer

The AIR Company of Georgia has announced that the company has appointed Christopher W. Marek as the company’s new Chief Executive Officer (CEO) with immediate effect. The company has further added that the company’s newly appointed Chief Executive Officer, Christopher W. Marek, would also hold responsibilities as the Managing Director of the company’s newly formed subsidiary named as ‘The Company’.

Executive Partner at The AIR Company of Georgia, Robert Fisher said, “Chris brings 25 years of sales and corporate experience with a singular focus on his clients.  He is an engaging and enthusiastic professional with a strategic mindset.”

We are so happy that Chris has decided to take on this new opportunity and we have all the faith and confidence in him for a successful implementation of our business plan,” Robert Fisher further added.

Sharing his thoughts over the new appointments, Christopher W. Marek said, “I am extremely honored to lead The AIR Company of Georgia going forward.  Our clients and dedicated employees are my number one priority. Our mission is to offer exceptional service to our clients, to have each client feel as though they are our only client and exceed their expectations.”

My experience of over 25 years in the financial services industry has prepared me to ensure we are providing the ‘best in class’ experience at a real value.  My goal is to become Georgia’s Premier Mechanical Services Company, and an incredible place for employees to build a career,” Christopher W. Marek further added in his statement.

About The AIR Company of Georgia:

The AIR Company of Georgia is basically a full service company that provides unrestricted complete solutions and services for air-conditioning, commercial heating, refrigeration and mechanical services right at the doorstep of its customers. The company is currently operating in the state of Georgia.