Reported by SeekingAlpha 4 hours ago.
Aurora Cannabis ups bid for CanniMed to C$1.1B
↧
↧
The Thistle & Shamrock: New Year, New Music 2
Join us for our second week of new year releases, with artists including Jim and Susie Malcolm, Aurora Celtic, and the young musicians of Sgoil Chiùil na Gàidhealtachd.
Reported by NPR 3 hours ago.
↧
Canadian Cannabis Firms Agree to $1B Merger to Create Pot Giant
Canada's second-biggest marijuana producer Aurora Cannabis Inc has agreed to buy smaller rival CanniMed Therapeutics Inc for C$1.1 billion ($852 million), creating the globe's largest weed producer by market value.
Reported by Newsmax 1 hour ago.
↧
Canadian $1bn cannabis deal spotlights budding sector
Aurora bags rival CanniMed to establish ‘best-in-class’ company ahead of legalisation
Reported by FT.com 2 hours ago.
↧
Canadian $1bn cannabis deal spotlights budding sector
Aurora bags rival CanniMed to establish ‘best-in-class’ company ahead of legalisation
Reported by FT.com 1 day ago.
↧
↧
Global Manned Electric Aircraft Market 2018-2028: $7 Billion Opportunity in New Aircraft and Their Changing Key Components
Dublin, Jan. 25, 2018 (GLOBE NEWSWIRE) -- The "Manned Electric Aircraft 2018-2028" report has been added to *ResearchAndMarkets.com's* offering.In 2028, Manned Electric Aircraft will be a $7 Billion Business
This report is replete with new forecasts, analysis and infographics seeing the future. The key parts of recent presentations by all the key players are embedded in this work, almost entirely researched in 2017 by award winning PhD level analysts travelling worldwide. Interviews, the analysts databases, web searches and conference attendance were extensively used. Old information is useless in this now fast moving field.
The structure of the report is a comprehensive Executive Summary and Conclusions then Introduction looking at lessons from the past then chapters on types of powertrain involved, motors and motor generators, energy storage, energy harvesting and regeneration, the end game of Energy Independent Electric Vehicles EIV and finally More Electric Aircraft MEA programs and how they are migrating to electric aircraft. Throughout there are many examples of electric aircraft from airships to helicopters and microlights, both for sale and planned. Specifications are given for many of these and key components for the future are discussed in depth. The tone is critical not evangelical.
The coverage in the report includes 2018-2028 forecasts of low and high priced electric aircraft sales by number, unit price and market value and a view of figures up to 2031 including assessments by several leading players. The subject matter includes looking at how electric aircraft have largely followed electric land and water vehicles. Pure electric small ones appeared first, about 50 years after the first electric boats and cars. Hybrid ones are needed for the longer distances and tougher duty cycles and only now are these getting serious investment.The report finds that the delays are only partly explained by the tougher demands and regulatory requirements of aircraft and how things are now changing with much larger commitments. In 2016, Siemens and Airbus agreed to pool 200 engineers to work on them, the level of effort Toyota allotted to hybrid cars twenty years earlier, with major commercial success resulting today.
Toyota enjoys well over $20 billion dollars of sales of electric cars, buses and forklifts with Honda and BMW successful too - interesting because all three are now tackling aircraft. Indeed, Google and Facebook are involved in electric cars and aircraft and Apple is interested so it is wake up time. The report analyses the opportunities in new aircraft and their changing key components.
*Key Topics Covered:**1. EXECUTIVE SUMMARY AND CONCLUSIONS*
1.1. Unique approach of this report
1.2. Some important findings
1.3. Why go electric for manned aircraft?
1.3.1. Many other benefits
1.4. How to transition to electric aircraft: MEA, hybrid, pure electric
1.4.1. Airbus Vahana personal aircraft announcement 2017
1.5. MEA issues and opportunities
1.6. Where electric aircraft are headed: range anxiety to range superiority
1.7. Manned aircraft lagged land-based electric vehicles
1.7.1. SolarStratos
1.7.2. Aviation a follower in electrification but upturn arrives
1.7.3. Hybrids should have been first
1.7.4. Hybrids: running before you can walk
1.7.5. Example: Eraole hybrid plane
1.8. Trend to larger electric aircraft
1.8.1. Overview of major issues
1.8.2. Viability of pure electric larger aircraft: timeline
1.9. Electrification of aircraft in general: rapid progress
1.10. Electric aircraft already commercialised
1.10.1. Examples
1.10.2. Sun Flyer 4
1.10.3. Viability of electric primary trainers already
1.11. Routes to further commercialisation of electric aircraft
1.11.1. Example - Lilium ultralight VTOL aircraft prototype
1.12. Pure electric manned aircraft arriving
1.12.1. Examples: Powered paraglider Skyrider One and Volocopter
1.12.2. Example: Airbus E-Fan
1.13. Hybrid electric aircraft arriving
1.13.1. HYPSTAIR powertrain for general aviation
1.13.2. Hybrid electric helicopters, multicopters
1.13.3. Airbus eThrust concept with DEP
1.13.4. NASA Sceptor concept with DEP
1.13.5. Magnus eFusion Light Sport E-Plane
1.14. Megawatt electric aircraft
1.15. Siemens 260 kW electric aircraft motor makes first public flight July 2016
1.16. Siemens electric aerobatic plane gains two world speed records September 2017
1.17. Retrofit: Ampaire
1.18. Choice of powertrains is influenced by many factors
1.19. New end game: Energy Independent Vehicles EIV
1.20. Key enabling technologies in future: examples
1.20.1. Energy harvesting including regeneration
1.20.2. Structural electronics tears up the rule book
1.20.3. Power electronics and other key enablers
1.21. Less mechanics: more electronics
1.22. Becoming one business land, water, air - hybrid and pure electric
1.23. Regulations have impeded small e-aircraft in the USA
1.24. Ambition and freedom in Europe
1.25. Progress in East Asia
1.25.1. China
1.25.2. Japan
1.26. Hybrid airliner concept late 2017
1.27. Market forecasts
1.27.1. Timelines 2017-2031: Airbus, Rolls Royce, others
1.27.2. MEA target and roadmaps converge to EV for 2035
1.27.3. Manned electric aircraft and airliner forecasts
1.27.4. Manned electric aircraft market forecasts 2018-2028 including hybrid
1.27.5. USA has huge build-up of old small aircraft and issues
1.28. Hybrid electric plane could cut pollution
1.29. GE Aviation and Hybrid Electronic Propulsion
1.30. Wright Electric and Easyjet
1.31. Airbus and HAX call for start-ups
1.32. Boeing Investments October 2017
*2. INTRODUCTION*
2.1. Lessons from the past
2.2. Situation today
2.3. Other examples: trend to offering several powertrain options in one airframe
2.4. First commercial four seat hybrid
2.5. Contest in 2015: new battery and fuel cell planes
2.6. DLR project for HY4 four-passenger fuel cell aircraft
2.7. New Airbus autonomous aircraft November 2016
2.8. Zero-emission air transport - first flight of four-seat passenger aircraft HY4 - September 2016
2.9. The first electric and VTOL aircraft by Zee.Aero - October 2016
2.10. Hamilton aerobatic aircraft
2.11. Airbus flying car prototype ready by the end of 2017
2.12. Zunum-Boeing
2.13. Uber air taxis
2.13.1. Aurora eVTOL USA
2.14. Air taxis - the legal position
2.15. Zee.Aero flies in 2017
2.16. Toyota 'backs flying car project' in Japan
2.17. chAIR
2.18. Fanwing EU SOAR
*3. TYPES OF POWERTRAIN*
3.1. What is an electric powertrain?
3.2. Pure electric or hybrid
3.2.1. Example: PC Aero Elektra One
3.2.2. Examples: E-Genius, SUGAR Volt
3.3. Types of hybrid electric aircraft
3.3.1. Parallel hybrid
3.3.2. Series hybrid
3.4. Typical hybrid duty cycle and examples
3.4.1. Duty cycle
3.4.2. Bye Aerospace and Sun Flyer
3.4.3. Cambridge University Song hybrid
3.4.4. Equator P2 Xcursion amphibious aircraft
3.4.5. Biofuel solar hybrid
3.4.6. DARPA VTOL
3.5. Mild vs strong hybrid: lessons from land vehicles
3.6. EV powertrains and technology forecasts: 2000
3.7. EV powertrains and technology forecasts: 2016
3.8. EV powertrains and technology forecasts: 2017 onwards
3.9. Energy independent electric vehicles EIV operational choices
3.10. Key EIV technologies
3.11. Motors and motor generators
3.11.1. Trend to higher power to weight ratio
3.11.2. Technologies in context of all EVs
3.11.3. Electrical engine start for hybrid electric aircraft
3.11.4. Integrated components - in-wheel
3.11.5. Multimotor designs
3.11.6. Superconducting propulsors and interconnects
3.12. Range extenders
3.12.1. Overview
3.12.2. Gas turbines and rotary combustion engines
3.12.3. Fuel cells
*4. ENERGY STORAGE*
4.1. Options
4.2. The role of energy storage technologies in electric vehicles
4.3. Making lithium-ion batteries safer
4.4. Operational Principles of Different Systems
4.5. Supercapacitors to Li-ion batteries - a spectrum of functional tailoring
4.6. Matching future hybrid and pure electric aircraft to energy storage choices. Learning from other industries
4.6.1. Map of energy storage choices 2026-2036
4.7. Supercapacitors across lithium-ion batteries
4.8. Extreme lightweighting by structural electronics
4.8.1. Earlier attempts at structural fuel; cells, batteries and capacitors
4.8.2. Successful supercapacitor bodywork
4.8.3. Many other types of structural electronics for aircraft
*5. ENERGY HARVESTING AND REGENERATION*
5.1. Definitions and background
5.2. Faradair BEHA
*6. ENERGY INDEPENDENT VEHICLES EIV*
6.1. Energy independent electric vehicles
6.1.1. Why we want more than mechanical energy independence
6.1.2. The EIV powertrain
6.1.3. EIV operational choices
6.1.4. Turtle airship USA
6.1.5. Solar Impulse Switzerland
6.1.6. Solar Ship inflatable fixed wing aircraft Canada
6.1.7. Sunstar USA
6.1.8. Sunseeker Duo USA
6.1.9. Eviation and their All-Electric Aircraft
6.1.10. The More Electric Aircraft MEA
6.2. Not there yet for large hybrids
6.3. Power electronics in conventional aircraft
6.4. Airliner becomes an electric vehicle when on the ground
6.5. Great potential to improve rotating electrical machines and power electronics
6.6. Future design space: NASA view
*7. FLYING CARS: NEEDED OR POSSIBLE?*
7.1. Flying cars: needed or possible?
7.2. Aeromobil flying car - flying car from Slovakia in 2020?
7.3. DeLorean VTOL Electric Aircraft
7.4. Airborne and the GyroDrive
7.5. Toyota: fuel cells or flying cars?
7.6. The race is on?
7.7. Flying cars using airports
7.8. Only single seat is viable?
7.9. Combatting urban gridlock: better alternatives
7.10. Hybrid VTOL flying car feasibility
7.11. Elon Musk, Larry Page and Nikhil Goel
*8. CAFE TENTH ELECTRIC AIRCRAFT SYMPOSIUM REPORT*
* Companies Mentioned *
· Aeromobil
· Airborne
· Airbus
· Aurora
· BMW
· Boeing
· Cambridge University
· DeLorean
· Fanwing
· Faradair
· GE
· HAX
· HYPSTAIR
· Honda
· Hamilton
· Magnus
· NASA
· Rolls Royce
· Siemens
· Solar
· Sunseeker
· Sunstar
· Toyota
· Turtle
· Uber
· Wright Electric
· Zee.Aero
· Zunum-Boeing
· chAIR
For more information about this report visit https://www.researchandmarkets.com/research/47j2s6/global_manned?w=12
*About ResearchAndMarkets.com*
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Aircraft Reported by GlobeNewswire 11 hours ago.
This report is replete with new forecasts, analysis and infographics seeing the future. The key parts of recent presentations by all the key players are embedded in this work, almost entirely researched in 2017 by award winning PhD level analysts travelling worldwide. Interviews, the analysts databases, web searches and conference attendance were extensively used. Old information is useless in this now fast moving field.
The structure of the report is a comprehensive Executive Summary and Conclusions then Introduction looking at lessons from the past then chapters on types of powertrain involved, motors and motor generators, energy storage, energy harvesting and regeneration, the end game of Energy Independent Electric Vehicles EIV and finally More Electric Aircraft MEA programs and how they are migrating to electric aircraft. Throughout there are many examples of electric aircraft from airships to helicopters and microlights, both for sale and planned. Specifications are given for many of these and key components for the future are discussed in depth. The tone is critical not evangelical.
The coverage in the report includes 2018-2028 forecasts of low and high priced electric aircraft sales by number, unit price and market value and a view of figures up to 2031 including assessments by several leading players. The subject matter includes looking at how electric aircraft have largely followed electric land and water vehicles. Pure electric small ones appeared first, about 50 years after the first electric boats and cars. Hybrid ones are needed for the longer distances and tougher duty cycles and only now are these getting serious investment.The report finds that the delays are only partly explained by the tougher demands and regulatory requirements of aircraft and how things are now changing with much larger commitments. In 2016, Siemens and Airbus agreed to pool 200 engineers to work on them, the level of effort Toyota allotted to hybrid cars twenty years earlier, with major commercial success resulting today.
Toyota enjoys well over $20 billion dollars of sales of electric cars, buses and forklifts with Honda and BMW successful too - interesting because all three are now tackling aircraft. Indeed, Google and Facebook are involved in electric cars and aircraft and Apple is interested so it is wake up time. The report analyses the opportunities in new aircraft and their changing key components.
*Key Topics Covered:**1. EXECUTIVE SUMMARY AND CONCLUSIONS*
1.1. Unique approach of this report
1.2. Some important findings
1.3. Why go electric for manned aircraft?
1.3.1. Many other benefits
1.4. How to transition to electric aircraft: MEA, hybrid, pure electric
1.4.1. Airbus Vahana personal aircraft announcement 2017
1.5. MEA issues and opportunities
1.6. Where electric aircraft are headed: range anxiety to range superiority
1.7. Manned aircraft lagged land-based electric vehicles
1.7.1. SolarStratos
1.7.2. Aviation a follower in electrification but upturn arrives
1.7.3. Hybrids should have been first
1.7.4. Hybrids: running before you can walk
1.7.5. Example: Eraole hybrid plane
1.8. Trend to larger electric aircraft
1.8.1. Overview of major issues
1.8.2. Viability of pure electric larger aircraft: timeline
1.9. Electrification of aircraft in general: rapid progress
1.10. Electric aircraft already commercialised
1.10.1. Examples
1.10.2. Sun Flyer 4
1.10.3. Viability of electric primary trainers already
1.11. Routes to further commercialisation of electric aircraft
1.11.1. Example - Lilium ultralight VTOL aircraft prototype
1.12. Pure electric manned aircraft arriving
1.12.1. Examples: Powered paraglider Skyrider One and Volocopter
1.12.2. Example: Airbus E-Fan
1.13. Hybrid electric aircraft arriving
1.13.1. HYPSTAIR powertrain for general aviation
1.13.2. Hybrid electric helicopters, multicopters
1.13.3. Airbus eThrust concept with DEP
1.13.4. NASA Sceptor concept with DEP
1.13.5. Magnus eFusion Light Sport E-Plane
1.14. Megawatt electric aircraft
1.15. Siemens 260 kW electric aircraft motor makes first public flight July 2016
1.16. Siemens electric aerobatic plane gains two world speed records September 2017
1.17. Retrofit: Ampaire
1.18. Choice of powertrains is influenced by many factors
1.19. New end game: Energy Independent Vehicles EIV
1.20. Key enabling technologies in future: examples
1.20.1. Energy harvesting including regeneration
1.20.2. Structural electronics tears up the rule book
1.20.3. Power electronics and other key enablers
1.21. Less mechanics: more electronics
1.22. Becoming one business land, water, air - hybrid and pure electric
1.23. Regulations have impeded small e-aircraft in the USA
1.24. Ambition and freedom in Europe
1.25. Progress in East Asia
1.25.1. China
1.25.2. Japan
1.26. Hybrid airliner concept late 2017
1.27. Market forecasts
1.27.1. Timelines 2017-2031: Airbus, Rolls Royce, others
1.27.2. MEA target and roadmaps converge to EV for 2035
1.27.3. Manned electric aircraft and airliner forecasts
1.27.4. Manned electric aircraft market forecasts 2018-2028 including hybrid
1.27.5. USA has huge build-up of old small aircraft and issues
1.28. Hybrid electric plane could cut pollution
1.29. GE Aviation and Hybrid Electronic Propulsion
1.30. Wright Electric and Easyjet
1.31. Airbus and HAX call for start-ups
1.32. Boeing Investments October 2017
*2. INTRODUCTION*
2.1. Lessons from the past
2.2. Situation today
2.3. Other examples: trend to offering several powertrain options in one airframe
2.4. First commercial four seat hybrid
2.5. Contest in 2015: new battery and fuel cell planes
2.6. DLR project for HY4 four-passenger fuel cell aircraft
2.7. New Airbus autonomous aircraft November 2016
2.8. Zero-emission air transport - first flight of four-seat passenger aircraft HY4 - September 2016
2.9. The first electric and VTOL aircraft by Zee.Aero - October 2016
2.10. Hamilton aerobatic aircraft
2.11. Airbus flying car prototype ready by the end of 2017
2.12. Zunum-Boeing
2.13. Uber air taxis
2.13.1. Aurora eVTOL USA
2.14. Air taxis - the legal position
2.15. Zee.Aero flies in 2017
2.16. Toyota 'backs flying car project' in Japan
2.17. chAIR
2.18. Fanwing EU SOAR
*3. TYPES OF POWERTRAIN*
3.1. What is an electric powertrain?
3.2. Pure electric or hybrid
3.2.1. Example: PC Aero Elektra One
3.2.2. Examples: E-Genius, SUGAR Volt
3.3. Types of hybrid electric aircraft
3.3.1. Parallel hybrid
3.3.2. Series hybrid
3.4. Typical hybrid duty cycle and examples
3.4.1. Duty cycle
3.4.2. Bye Aerospace and Sun Flyer
3.4.3. Cambridge University Song hybrid
3.4.4. Equator P2 Xcursion amphibious aircraft
3.4.5. Biofuel solar hybrid
3.4.6. DARPA VTOL
3.5. Mild vs strong hybrid: lessons from land vehicles
3.6. EV powertrains and technology forecasts: 2000
3.7. EV powertrains and technology forecasts: 2016
3.8. EV powertrains and technology forecasts: 2017 onwards
3.9. Energy independent electric vehicles EIV operational choices
3.10. Key EIV technologies
3.11. Motors and motor generators
3.11.1. Trend to higher power to weight ratio
3.11.2. Technologies in context of all EVs
3.11.3. Electrical engine start for hybrid electric aircraft
3.11.4. Integrated components - in-wheel
3.11.5. Multimotor designs
3.11.6. Superconducting propulsors and interconnects
3.12. Range extenders
3.12.1. Overview
3.12.2. Gas turbines and rotary combustion engines
3.12.3. Fuel cells
*4. ENERGY STORAGE*
4.1. Options
4.2. The role of energy storage technologies in electric vehicles
4.3. Making lithium-ion batteries safer
4.4. Operational Principles of Different Systems
4.5. Supercapacitors to Li-ion batteries - a spectrum of functional tailoring
4.6. Matching future hybrid and pure electric aircraft to energy storage choices. Learning from other industries
4.6.1. Map of energy storage choices 2026-2036
4.7. Supercapacitors across lithium-ion batteries
4.8. Extreme lightweighting by structural electronics
4.8.1. Earlier attempts at structural fuel; cells, batteries and capacitors
4.8.2. Successful supercapacitor bodywork
4.8.3. Many other types of structural electronics for aircraft
*5. ENERGY HARVESTING AND REGENERATION*
5.1. Definitions and background
5.2. Faradair BEHA
*6. ENERGY INDEPENDENT VEHICLES EIV*
6.1. Energy independent electric vehicles
6.1.1. Why we want more than mechanical energy independence
6.1.2. The EIV powertrain
6.1.3. EIV operational choices
6.1.4. Turtle airship USA
6.1.5. Solar Impulse Switzerland
6.1.6. Solar Ship inflatable fixed wing aircraft Canada
6.1.7. Sunstar USA
6.1.8. Sunseeker Duo USA
6.1.9. Eviation and their All-Electric Aircraft
6.1.10. The More Electric Aircraft MEA
6.2. Not there yet for large hybrids
6.3. Power electronics in conventional aircraft
6.4. Airliner becomes an electric vehicle when on the ground
6.5. Great potential to improve rotating electrical machines and power electronics
6.6. Future design space: NASA view
*7. FLYING CARS: NEEDED OR POSSIBLE?*
7.1. Flying cars: needed or possible?
7.2. Aeromobil flying car - flying car from Slovakia in 2020?
7.3. DeLorean VTOL Electric Aircraft
7.4. Airborne and the GyroDrive
7.5. Toyota: fuel cells or flying cars?
7.6. The race is on?
7.7. Flying cars using airports
7.8. Only single seat is viable?
7.9. Combatting urban gridlock: better alternatives
7.10. Hybrid VTOL flying car feasibility
7.11. Elon Musk, Larry Page and Nikhil Goel
*8. CAFE TENTH ELECTRIC AIRCRAFT SYMPOSIUM REPORT*
* Companies Mentioned *
· Aeromobil
· Airborne
· Airbus
· Aurora
· BMW
· Boeing
· Cambridge University
· DeLorean
· Fanwing
· Faradair
· GE
· HAX
· HYPSTAIR
· Honda
· Hamilton
· Magnus
· NASA
· Rolls Royce
· Siemens
· Solar
· Sunseeker
· Sunstar
· Toyota
· Turtle
· Uber
· Wright Electric
· Zee.Aero
· Zunum-Boeing
· chAIR
For more information about this report visit https://www.researchandmarkets.com/research/47j2s6/global_manned?w=12
*About ResearchAndMarkets.com*
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Aircraft Reported by GlobeNewswire 11 hours ago.
↧
Cabot Microelectronics Corporation Reports Strong Results, Including Record Revenue, for First Quarter of Fiscal 2018
· *Revenue of $140.0 Million, 13.6 Percent Higher Than Last Year*
· *GAAP Gross Profit Margin of 52.9 Percent of Revenue; Non-GAAP 53.8 Percent, Up 290 Basis Points Compared to Last Year*
· *GAAP Loss Per Share of $0.12 Reflects Impact of Tax Reform; Record Non-GAAP Earnings Per Share of $1.19, Up 29.3 Percent Compared to Last Year*
· *Cash Flow From Operations of $30.6 Million*
AURORA, Ill., Jan. 25, 2018 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq:CCMP), the world’s leading supplier of chemical mechanical planarization (CMP) polishing slurries and second largest CMP pads supplier to the semiconductor industry, today reported financial results for its first quarter of fiscal 2018, which ended December 31, 2017.
Total revenue during the first fiscal quarter was $140.0 million, 13.6 percent higher than in the same quarter last year, and a record level for the company. This included record quarterly revenue in its tungsten slurry and pads product areas, and significant revenue growth from its dielectrics slurries. Gross profit margin was 52.9 percent of revenue; non-GAAP gross profit margin was 53.8 percent of revenue, excluding amortization expense related to the company’s October 2015 acquisition of NexPlanar Corporation, up 290 basis points compared to last year. The company reported a diluted loss per share of $0.12 due to the impact of the enactment of the Tax Cuts and Jobs Act in December 2017 in the United States (“tax reform”); record non-GAAP diluted earnings per share were $1.19, excluding the one-time impact of tax reform and the amortization expense, representing an increase of 29.3 percent compared to the same quarter last year. Cash flow from operations was $30.6 million.
“We are pleased with our performance in the first quarter of fiscal 2018, as we achieved another record level of quarterly revenue and very strong operating performance, driven by the continued successful execution of our strategic initiatives and healthy semiconductor industry demand,” said David Li, President and CEO of Cabot Microelectronics. “During the quarter, we continued our momentum from last year in three key product areas – CMP slurries for polishing tungsten, dielectrics slurries, and CMP pads. In particular, we continued to grow with the ramp of our customers’ advanced technologies, including 3D NAND and FinFET, and to deliver our innovative, high-quality CMP solutions across a wide range of other memory and logic applications. As a result, we achieved significant year-over-year growth in each of these three key product areas.”
Mr. Li continued, “Looking ahead, I am confident that we are well-positioned for continued profitable growth. We believe that ongoing effective execution in our key product areas, combined with our focused business model and global resources, capabilities and infrastructure, continue to differentiate us among leading suppliers of specialty materials to the semiconductor industry, and position us well to deliver another year of strong performance.”
*Key Financial Information*
The company’s record revenue of $140.0 million in the first fiscal quarter represents an increase of 13.6 percent from $123.3 million in the same quarter last year. The company achieved record quarterly revenue in its tungsten slurry and pads product areas, which grew 13.7 percent and 16.5 percent year-over-year, respectively. Revenue from the company’s dielectrics slurry product area grew 8.4 percent.
Gross profit for the quarter was 52.9 percent of revenue, compared to 49.9 percent of revenue reported in the same quarter a year ago. Gross profit this quarter included $1.2 million of NexPlanar amortization expense; excluding this, non-GAAP gross profit was 53.8 percent of revenue, up 290 basis points compared to last year. Factors impacting gross profit this quarter compared to last year include higher sales volume and a higher valued product mix, partially offset by higher fixed manufacturing costs, including higher incentive compensation expense. The company’s full fiscal year GAAP gross profit guidance range of 50 to 52 percent of revenue remains unchanged. This includes approximately 100 basis points of NexPlanar amortization expense.
Operating expenses, which include research, development and technical, selling and marketing, and general and administrative expenses, were $36.9 million in the first fiscal quarter, including $0.5 million of NexPlanar amortization expense. Operating expenses were $3.5 million higher than the $33.4 million reported in the same quarter a year ago, primarily due to higher staffing related expenses, including costs related to the company’s CFO transition and higher incentive compensation expense. The company currently expects its GAAP operating expenses for the full fiscal year to be between $145 million and $150 million; the prior guidance range was $142 million to $147 million. This includes approximately $2 million of NexPlanar amortization expense.
Operating income for the first fiscal quarter represented 26.5 percent of revenue, which was 370 basis points higher than in the same quarter last year. The significant year-over-year increase represents operating leverage driven by revenue growth, combined with the company’s ongoing attention to controlling costs.
The company’s effective tax rate for the first fiscal quarter was 108.4 percent, compared to 20.3 percent in the same quarter last year. The significant increase is primarily related to tax reform, the one-time impact of which increased the company’s income tax expense by approximately $32.9 million. The company currently expects its effective tax rate for the rest of the fiscal year to be within the range of 21 to 24 percent. Before the enactment of tax reform, the company had estimated 24 to 27 percent for the full fiscal year.
The company reported a net loss for the quarter of $3.1 million, or net income of $31.1 million on a non-GAAP basis, excluding the one-time impact of tax reform and the referenced amortization expense. Non-GAAP net income was 33.3 percent higher than in the same quarter last year, and increased primarily due to higher revenue and a higher gross profit margin, partially offset by higher operating expenses.
The company reported a diluted loss per share of $0.12 this quarter, or diluted earnings per share of $1.19 on a non-GAAP basis, excluding the one-time impact of tax reform and referenced amortization expense. Non-GAAP diluted earnings per share were 29.3 percent higher than in the first quarter of fiscal 2017.
*CONFERENCE CALL*
Cabot Microelectronics Corporation’s quarterly earnings conference call will be held today at 9:00 a.m. Central Time. The conference call will be available via live webcast and replay from the company’s website, www.cabotcmp.com, or by phone at (844) 825-4410. Callers outside the U.S. can dial (973) 638-3236. The conference code for the call is 2284727. A transcript of the formal comments made during the conference call will also be available in the Investor Relations section of the company’s website.
*USE OF NON-GAAP FINANCIAL INFORMATION*
The company presented the following measures considered as non-GAAP by the U.S. Securities and Exchange Commission: gross profit margin, net income and diluted earnings per share excluding the one-time effects of the enactment of the Tax Cuts and Jobs Act in December 2017 in the United States (“tax reform”), and amortization expense related to its October 2015 acquisition of NexPlanar Corporation. The non-GAAP financial information provided in this press release is a supplement to, and not a substitute for, the company’s financial results presented in accordance with U.S. GAAP. These non-GAAP financial measures are provided to enhance the investor's understanding about the company's ongoing operations. Specifically, the company believes the one-time impact of tax reform and NexPlanar amortization expenses are not indicative of its core operating results, and thus presents its gross profit margin, net income and diluted earnings per share excluding these effects. The presentation of non-GAAP financial information is not meant to be considered in isolation or as a substitute for results prepared and presented in accordance with U.S. GAAP. A reconciliation table of GAAP to non-GAAP financial measures, including gross profit percentage, net income and diluted earnings per share, is contained in this press release.
*ABOUT CABOT MICROELECTRONICS CORPORATION*
Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world's leading supplier of CMP polishing slurries and second largest CMP pads supplier to the semiconductor industry. The company’s products play a critical role in the production of advanced semiconductor devices, helping to enable the manufacture of smaller, faster and more complex devices by its customers. The company's mission is to create value by delivering high-performing and innovative solutions that solve its customers’ challenges. The company has approximately 1,150 employees on a global basis. For more information about Cabot Microelectronics Corporation, visit www.cabotcmp.com or contact Trisha Tuntland, Director of Investor Relations at 630-499-2600.
*SAFE HARBOR STATEMENT*
This news release may include statements that constitute “forward looking statements” within the meaning of federal securities regulations. These forward-looking statements include statements related to: future sales and operating results; growth or contraction, and trends in the industry and markets in which the company participates; the company’s management; various economic or political factors and international or national events; regulatory or legislative activity, including the enactment of the Tax Cuts and Jobs Act in December 2017 in the United States.; product performance; the generation, protection and acquisition of intellectual property, and litigation related to such intellectual property; new product introductions; development of new products, technologies and markets; the company’s supply chain; the financial conditions of the company’s customers; natural disasters; the acquisition of, investment in, or collaboration with other entities; uses and investment of the company’s cash balance, including dividends and share repurchases, which may be suspended, terminated or modified at any time for any reason, based on a variety of factors; financing facilities and related debt, payment of principal and interest, and compliance with covenants and other terms; the company’s capital structure; the company’s current or future tax rate, including the effects of tax reform in the US; and the operation of facilities by Cabot Microelectronics Corporation. These forward-looking statements involve a number of risks, uncertainties, and other factors, including those described from time to time in Cabot Microelectronics’ filings with the SEC, that could cause actual results to differ materially from those described by these forward-looking statements. In particular, see "Risk Factors" in the company’s annual report on Form 10-K for the fiscal year ended September 30, 2017, filed with the SEC. Cabot Microelectronics assumes no obligation to update this forward-looking information.
*CABOT MICROELECTRONICS CORPORATION*
*CONSOLIDATED STATEMENTS OF INCOME (LOSS)*
(Unaudited and amounts in thousands, except per share amounts)
Quarter Ended
December 31,
2017 September 30,
2017 December 31,
2016
Revenue $ 139,979 $ 136,784 $ 123,254
Cost of goods sold 65,965 66,734 61,749
Gross profit 74,014 70,050 61,505
Operating expenses:
Research, development & technical 12,151 13,839 13,396
Selling & marketing 5,836 8,680 7,552
General & administrative 18,915 14,489 12,496
Total operating expenses 36,902 37,008 33,444
Operating income 37,112 33,042 28,061
Interest expense 1,132 1,127 1,150
Other income, net 672 798 996
Income before income taxes 36,652 32,713 27,907
Provision for income taxes 39,735 6,211 5,676
Net income (loss) $ (3,083 ) $ 26,502 $ 22,231
Income (loss) available to common shareholders $ (3,072 ) $ 26,434 $ 22,129
Basic earnings (loss) per share $ (0.12 ) $ 1.05 $ 0.90
Weighted average basic shares outstanding 25,326 25,236 24,583
Diluted earnings (loss) per share $ (0.12 ) $ 1.03 $ 0.88
Weighted average diluted shares outstanding 25,326 25,710 25,072
*CABOT MICROELECTRONICS CORPORATION*
*CONSOLIDATED CONDENSED BALANCE SHEETS*
(Unaudited and amounts in thousands)
December 31, September 30,
2017 2017
ASSETS:
Current assets:
Cash and cash equivalents $ 377,230 $ 397,890
Short-term available-for-sale securities 48,272 -
Accounts receivable, net 69,871 64,793
Inventories, net 73,982 71,873
Other current assets 18,688 16,426
Total current assets 588,043 550,982
Property, plant and equipment, net 107,748 106,361
Other long-term assets 162,208 176,757
Total assets $ 857,999 $ 834,100
LIABILITIES AND STOCKHOLDERS' EQUITY:
Current liabilities:
Accounts payable $ 14,974 $ 17,624
Current portion of long-term debt 16,406 10,938
Accrued expenses, income taxes payable and other current liabilities 58,720 62,651
Total current liabilities 90,100 91,213
Long-term debt, net of current portion 124,310 132,997
Other long-term liabilities 41,921 14,853
Total liabilities 256,331 239,063
Stockholders' equity 601,668 595,037
Total liabilities and stockholders' equity $ 857,999 $ 834,100
*CABOT MICROELECTRONICS CORPORATION*
*U.S. GAAP to Non-GAAP Reconciliation*
*Gross Profit as a Percentage of Revenue, Net Income (Loss) and Diluted Earnings (Loss) Per Share*
(Unaudited and amounts in thousands, except per share and percentage amounts)
The following presents reconciliation of the Non-GAAP financial measures included in the Cabot Microelectronics Corporation press release dated January 25, 2018.
Three Months Ended December 31, 2017
U.S. GAAP Adjustments Non-GAAP
Gross profit $ 74,014 $ 1,236 $ 75,250
Gross profit as a percentage of revenue (1) 52.9 % 53.8 %
Net income (loss) (2) $ (3,083 ) $ 34,143 $ 31,060
Diluted earnings (loss) per share (3) $ (0.12 ) $ 1.31 $ 1.19
(1) Non-GAAP gross profit as a percentage of revenue for the three months ended December 31, 2017 excludes $1,236 of NexPlanar amortization expense.
(2) Non-GAAP net income for the three months ended December 31, 2017 excludes the item mentioned above in (1) plus $468 of NexPlanar amortization expense recorded in operating expenses and $32,880 of one-time tax expense due to U.S. tax reform enacted on December 22, 2017. These adjustments are partially offset by a $441 increase in the provision for income taxes related to excluding NexPlanar amortization.
(3) Non-GAAP diluted earnings per share is calculated based upon Non-GAAP net income. The one-time impact of tax reform reduced diluted earnings per share by $1.26.
Trisha Tuntland
Director of Investor Relations
630-499-2600
Cabot Microelectronics Corporation Reported by GlobeNewswire 9 hours ago.
· *GAAP Gross Profit Margin of 52.9 Percent of Revenue; Non-GAAP 53.8 Percent, Up 290 Basis Points Compared to Last Year*
· *GAAP Loss Per Share of $0.12 Reflects Impact of Tax Reform; Record Non-GAAP Earnings Per Share of $1.19, Up 29.3 Percent Compared to Last Year*
· *Cash Flow From Operations of $30.6 Million*
AURORA, Ill., Jan. 25, 2018 (GLOBE NEWSWIRE) -- Cabot Microelectronics Corporation (Nasdaq:CCMP), the world’s leading supplier of chemical mechanical planarization (CMP) polishing slurries and second largest CMP pads supplier to the semiconductor industry, today reported financial results for its first quarter of fiscal 2018, which ended December 31, 2017.
Total revenue during the first fiscal quarter was $140.0 million, 13.6 percent higher than in the same quarter last year, and a record level for the company. This included record quarterly revenue in its tungsten slurry and pads product areas, and significant revenue growth from its dielectrics slurries. Gross profit margin was 52.9 percent of revenue; non-GAAP gross profit margin was 53.8 percent of revenue, excluding amortization expense related to the company’s October 2015 acquisition of NexPlanar Corporation, up 290 basis points compared to last year. The company reported a diluted loss per share of $0.12 due to the impact of the enactment of the Tax Cuts and Jobs Act in December 2017 in the United States (“tax reform”); record non-GAAP diluted earnings per share were $1.19, excluding the one-time impact of tax reform and the amortization expense, representing an increase of 29.3 percent compared to the same quarter last year. Cash flow from operations was $30.6 million.
“We are pleased with our performance in the first quarter of fiscal 2018, as we achieved another record level of quarterly revenue and very strong operating performance, driven by the continued successful execution of our strategic initiatives and healthy semiconductor industry demand,” said David Li, President and CEO of Cabot Microelectronics. “During the quarter, we continued our momentum from last year in three key product areas – CMP slurries for polishing tungsten, dielectrics slurries, and CMP pads. In particular, we continued to grow with the ramp of our customers’ advanced technologies, including 3D NAND and FinFET, and to deliver our innovative, high-quality CMP solutions across a wide range of other memory and logic applications. As a result, we achieved significant year-over-year growth in each of these three key product areas.”
Mr. Li continued, “Looking ahead, I am confident that we are well-positioned for continued profitable growth. We believe that ongoing effective execution in our key product areas, combined with our focused business model and global resources, capabilities and infrastructure, continue to differentiate us among leading suppliers of specialty materials to the semiconductor industry, and position us well to deliver another year of strong performance.”
*Key Financial Information*
The company’s record revenue of $140.0 million in the first fiscal quarter represents an increase of 13.6 percent from $123.3 million in the same quarter last year. The company achieved record quarterly revenue in its tungsten slurry and pads product areas, which grew 13.7 percent and 16.5 percent year-over-year, respectively. Revenue from the company’s dielectrics slurry product area grew 8.4 percent.
Gross profit for the quarter was 52.9 percent of revenue, compared to 49.9 percent of revenue reported in the same quarter a year ago. Gross profit this quarter included $1.2 million of NexPlanar amortization expense; excluding this, non-GAAP gross profit was 53.8 percent of revenue, up 290 basis points compared to last year. Factors impacting gross profit this quarter compared to last year include higher sales volume and a higher valued product mix, partially offset by higher fixed manufacturing costs, including higher incentive compensation expense. The company’s full fiscal year GAAP gross profit guidance range of 50 to 52 percent of revenue remains unchanged. This includes approximately 100 basis points of NexPlanar amortization expense.
Operating expenses, which include research, development and technical, selling and marketing, and general and administrative expenses, were $36.9 million in the first fiscal quarter, including $0.5 million of NexPlanar amortization expense. Operating expenses were $3.5 million higher than the $33.4 million reported in the same quarter a year ago, primarily due to higher staffing related expenses, including costs related to the company’s CFO transition and higher incentive compensation expense. The company currently expects its GAAP operating expenses for the full fiscal year to be between $145 million and $150 million; the prior guidance range was $142 million to $147 million. This includes approximately $2 million of NexPlanar amortization expense.
Operating income for the first fiscal quarter represented 26.5 percent of revenue, which was 370 basis points higher than in the same quarter last year. The significant year-over-year increase represents operating leverage driven by revenue growth, combined with the company’s ongoing attention to controlling costs.
The company’s effective tax rate for the first fiscal quarter was 108.4 percent, compared to 20.3 percent in the same quarter last year. The significant increase is primarily related to tax reform, the one-time impact of which increased the company’s income tax expense by approximately $32.9 million. The company currently expects its effective tax rate for the rest of the fiscal year to be within the range of 21 to 24 percent. Before the enactment of tax reform, the company had estimated 24 to 27 percent for the full fiscal year.
The company reported a net loss for the quarter of $3.1 million, or net income of $31.1 million on a non-GAAP basis, excluding the one-time impact of tax reform and the referenced amortization expense. Non-GAAP net income was 33.3 percent higher than in the same quarter last year, and increased primarily due to higher revenue and a higher gross profit margin, partially offset by higher operating expenses.
The company reported a diluted loss per share of $0.12 this quarter, or diluted earnings per share of $1.19 on a non-GAAP basis, excluding the one-time impact of tax reform and referenced amortization expense. Non-GAAP diluted earnings per share were 29.3 percent higher than in the first quarter of fiscal 2017.
*CONFERENCE CALL*
Cabot Microelectronics Corporation’s quarterly earnings conference call will be held today at 9:00 a.m. Central Time. The conference call will be available via live webcast and replay from the company’s website, www.cabotcmp.com, or by phone at (844) 825-4410. Callers outside the U.S. can dial (973) 638-3236. The conference code for the call is 2284727. A transcript of the formal comments made during the conference call will also be available in the Investor Relations section of the company’s website.
*USE OF NON-GAAP FINANCIAL INFORMATION*
The company presented the following measures considered as non-GAAP by the U.S. Securities and Exchange Commission: gross profit margin, net income and diluted earnings per share excluding the one-time effects of the enactment of the Tax Cuts and Jobs Act in December 2017 in the United States (“tax reform”), and amortization expense related to its October 2015 acquisition of NexPlanar Corporation. The non-GAAP financial information provided in this press release is a supplement to, and not a substitute for, the company’s financial results presented in accordance with U.S. GAAP. These non-GAAP financial measures are provided to enhance the investor's understanding about the company's ongoing operations. Specifically, the company believes the one-time impact of tax reform and NexPlanar amortization expenses are not indicative of its core operating results, and thus presents its gross profit margin, net income and diluted earnings per share excluding these effects. The presentation of non-GAAP financial information is not meant to be considered in isolation or as a substitute for results prepared and presented in accordance with U.S. GAAP. A reconciliation table of GAAP to non-GAAP financial measures, including gross profit percentage, net income and diluted earnings per share, is contained in this press release.
*ABOUT CABOT MICROELECTRONICS CORPORATION*
Cabot Microelectronics Corporation, headquartered in Aurora, Illinois, is the world's leading supplier of CMP polishing slurries and second largest CMP pads supplier to the semiconductor industry. The company’s products play a critical role in the production of advanced semiconductor devices, helping to enable the manufacture of smaller, faster and more complex devices by its customers. The company's mission is to create value by delivering high-performing and innovative solutions that solve its customers’ challenges. The company has approximately 1,150 employees on a global basis. For more information about Cabot Microelectronics Corporation, visit www.cabotcmp.com or contact Trisha Tuntland, Director of Investor Relations at 630-499-2600.
*SAFE HARBOR STATEMENT*
This news release may include statements that constitute “forward looking statements” within the meaning of federal securities regulations. These forward-looking statements include statements related to: future sales and operating results; growth or contraction, and trends in the industry and markets in which the company participates; the company’s management; various economic or political factors and international or national events; regulatory or legislative activity, including the enactment of the Tax Cuts and Jobs Act in December 2017 in the United States.; product performance; the generation, protection and acquisition of intellectual property, and litigation related to such intellectual property; new product introductions; development of new products, technologies and markets; the company’s supply chain; the financial conditions of the company’s customers; natural disasters; the acquisition of, investment in, or collaboration with other entities; uses and investment of the company’s cash balance, including dividends and share repurchases, which may be suspended, terminated or modified at any time for any reason, based on a variety of factors; financing facilities and related debt, payment of principal and interest, and compliance with covenants and other terms; the company’s capital structure; the company’s current or future tax rate, including the effects of tax reform in the US; and the operation of facilities by Cabot Microelectronics Corporation. These forward-looking statements involve a number of risks, uncertainties, and other factors, including those described from time to time in Cabot Microelectronics’ filings with the SEC, that could cause actual results to differ materially from those described by these forward-looking statements. In particular, see "Risk Factors" in the company’s annual report on Form 10-K for the fiscal year ended September 30, 2017, filed with the SEC. Cabot Microelectronics assumes no obligation to update this forward-looking information.
*CABOT MICROELECTRONICS CORPORATION*
*CONSOLIDATED STATEMENTS OF INCOME (LOSS)*
(Unaudited and amounts in thousands, except per share amounts)
Quarter Ended
December 31,
2017 September 30,
2017 December 31,
2016
Revenue $ 139,979 $ 136,784 $ 123,254
Cost of goods sold 65,965 66,734 61,749
Gross profit 74,014 70,050 61,505
Operating expenses:
Research, development & technical 12,151 13,839 13,396
Selling & marketing 5,836 8,680 7,552
General & administrative 18,915 14,489 12,496
Total operating expenses 36,902 37,008 33,444
Operating income 37,112 33,042 28,061
Interest expense 1,132 1,127 1,150
Other income, net 672 798 996
Income before income taxes 36,652 32,713 27,907
Provision for income taxes 39,735 6,211 5,676
Net income (loss) $ (3,083 ) $ 26,502 $ 22,231
Income (loss) available to common shareholders $ (3,072 ) $ 26,434 $ 22,129
Basic earnings (loss) per share $ (0.12 ) $ 1.05 $ 0.90
Weighted average basic shares outstanding 25,326 25,236 24,583
Diluted earnings (loss) per share $ (0.12 ) $ 1.03 $ 0.88
Weighted average diluted shares outstanding 25,326 25,710 25,072
*CABOT MICROELECTRONICS CORPORATION*
*CONSOLIDATED CONDENSED BALANCE SHEETS*
(Unaudited and amounts in thousands)
December 31, September 30,
2017 2017
ASSETS:
Current assets:
Cash and cash equivalents $ 377,230 $ 397,890
Short-term available-for-sale securities 48,272 -
Accounts receivable, net 69,871 64,793
Inventories, net 73,982 71,873
Other current assets 18,688 16,426
Total current assets 588,043 550,982
Property, plant and equipment, net 107,748 106,361
Other long-term assets 162,208 176,757
Total assets $ 857,999 $ 834,100
LIABILITIES AND STOCKHOLDERS' EQUITY:
Current liabilities:
Accounts payable $ 14,974 $ 17,624
Current portion of long-term debt 16,406 10,938
Accrued expenses, income taxes payable and other current liabilities 58,720 62,651
Total current liabilities 90,100 91,213
Long-term debt, net of current portion 124,310 132,997
Other long-term liabilities 41,921 14,853
Total liabilities 256,331 239,063
Stockholders' equity 601,668 595,037
Total liabilities and stockholders' equity $ 857,999 $ 834,100
*CABOT MICROELECTRONICS CORPORATION*
*U.S. GAAP to Non-GAAP Reconciliation*
*Gross Profit as a Percentage of Revenue, Net Income (Loss) and Diluted Earnings (Loss) Per Share*
(Unaudited and amounts in thousands, except per share and percentage amounts)
The following presents reconciliation of the Non-GAAP financial measures included in the Cabot Microelectronics Corporation press release dated January 25, 2018.
Three Months Ended December 31, 2017
U.S. GAAP Adjustments Non-GAAP
Gross profit $ 74,014 $ 1,236 $ 75,250
Gross profit as a percentage of revenue (1) 52.9 % 53.8 %
Net income (loss) (2) $ (3,083 ) $ 34,143 $ 31,060
Diluted earnings (loss) per share (3) $ (0.12 ) $ 1.31 $ 1.19
(1) Non-GAAP gross profit as a percentage of revenue for the three months ended December 31, 2017 excludes $1,236 of NexPlanar amortization expense.
(2) Non-GAAP net income for the three months ended December 31, 2017 excludes the item mentioned above in (1) plus $468 of NexPlanar amortization expense recorded in operating expenses and $32,880 of one-time tax expense due to U.S. tax reform enacted on December 22, 2017. These adjustments are partially offset by a $441 increase in the provision for income taxes related to excluding NexPlanar amortization.
(3) Non-GAAP diluted earnings per share is calculated based upon Non-GAAP net income. The one-time impact of tax reform reduced diluted earnings per share by $1.26.
Trisha Tuntland
Director of Investor Relations
630-499-2600
Cabot Microelectronics Corporation Reported by GlobeNewswire 9 hours ago.
↧
Aurora Cannabis Inc. to Acquire CanniMed Therapeutics Inc. in Friendly Deal
Aurora Cannabis Inc. (TSX:ACB) finally got its deal after months of battling with CanniMed Therapeutics Inc. (TSX:CMED).
Reported by Motley Fool 8 hours ago.
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The Battle Between These 2 Marijuana Growers Is Over -- but Did the Winner Really Win?
Aurora Cannabis wins the battle to buy CanniMed Therapeutics. But was the cost of victory too high?
Reported by Motley Fool 8 hours ago.
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↧
Golden Age: The Effortless Rise Of Dead!
Tracking down the London four-piece...*Dead!* is a formidable name, but an inviting sound.
Four young punks with an axe to grind, the band's sound matches the classic against the new, fusing them into something a little different.
Ferocious live - they recently stormed a Clash Live x Metropolis session, for example - debut album 'The Golden Age Of Not Even Trying' arrives tomorrow (January 26th).
We're already enraptured, with the snappy LP nailing their live sound while containing the precision that only the studio environment can afford.
Clash writer *Aurora Henni Krogh* met up with Alex Mountford to find out more...
- - -
- - -
*Your album is out soon, how does that feel?*
Good, it’s been a long five years. We’re still developing as a band and I think this album is a culmination of the development over the past five years. Maybe we took a little bit longer to grow than other bands do, and a little bit longer to find our sound. I wouldn’t say we’ve found our sound yet, I think that’s a bold claim for any band to say they’ve found their sound.
*How was the recording process?*
It was wicked. We ended up doing it in Soho in central London. We had a guy called Charlie Russell produce it. In the past he’s worked with Jamiroquai, he’s worked with Take That, so he’s quite a pop producer, which we thought would be quite an odd mix. He wouldn’t say much, but what he did say was really important and was really kind of pivotal in what the song needed.
We’re four lads and we’re a bit lazy sometimes. Having that authority, and that kind of expertise to make a debut record was invaluable for us to be honest. Also, I think recording it in central London was quite important to us as well.
*Do you think it’s necessary for bands to come to the capital in order to grow?*
Yes, on one hand, moving to a city and doing the whole networking thing is a way of doing it. That seemed like the only way to do it for us at this stage, but you know, there are other ways to do it. That’s the beauty of the internet. The fact that anyone can record a song on their laptop these days and it can be an absolute banger. Some people say that that’s changing music, maybe not for the better, but in my eyes it’s definitely changing it for the better. Suddenly this kid in the ass-end of nowhere can write this incredible song. And if it’s a good song and the right people hear it, it can grow. I think that’s one of the most exciting things about music in 2018.
*The title, ‘The Golden Age Of Not Even Trying’, what does that mean to you?*
I wrote the song in the town where I’m from. I’m from a small seaside town on the Isle Of Wright called Ryde. I grew up there all my life, and it’s beautiful, but for somebody who’s young or somebody who wants some culture, it’s not the best place to live. It’s still some beauty in these decaying British town. It may not be what you need in your life, but it’s a beautiful place.
You can apply that to everything. Everyone is always looking forward like: “okay I got here, now I gotta get to the next place”, but it’s about taking stock, looking around and appreciating what is here and now. If I look back at some of the festivals we’ve done it blows my mind that we played them, and I just wish I took an extra second to kind of stand and go “Fuck yeah, this is cool”. You’ve gotta take it in and appreciate it.
- - -
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*What is the most important thing for you that people take away from this album?*
If you asked me this question like two years ago, I’d go: “the lyrics”. I write the melody and the lyrics, and I’d like people to get the messages from each song. That is important and a part of listening to music. However, if it created a feeling inside someone, whether that’s a feeling of what the lyrical content is about, or what that bass riff makes them feel like… I just want people to listen to it as a whole.
I hope people see that we are growing. It’s not an album of maturity. It’s not an album of “we’ve figured life out”, cause we very much haven’t. I hope that people who are on the journey of figuring shit out can listen to it and be like “oh yeah, this is a great sound track”.
*It’s the kind of – not to be cliché – but the coming of age type album which debuts seems to be. *
Yes, completely. It’s impossible to avoid that at this moment, cause it feels like we are coming of age. Life is exciting, but life’s also confusing.. We’re all human at the end of the day and I hope people see this as just another four human beings writing some songs, and that they can relate. It’s very human, it’s very personal.
*Releasing your debut is such a milestone, did you feel the pressure of that when you were making it?*
I think the pressure came after we made it. For me at least, it felt very organic making it, and it felt like my dream way to make our first record… We were making sure when we were writing it not to think about what will people think. All those angles you can get caught up in if you worry about what people are going to perceive it like too much.
I think that’s an easy trap to get into. I think all musicians at some point, when you’re writing something, and that anxiety switch in your head goes, you end up trying to write for people instead of writing from yourself. That’s an important thing to keep in check, and I feel like we did that well.
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*I want to talk about one of the songs, ‘A Conversation With Concrete’. It’s such an interesting track lyrically. What inspired that?*
Me, Sam and Louis, we lives in a room together in west London for two and a half years. That put a lot of strain on our relationship. If you’re sharing that space with anyone, it’s gonna put a strain on your relationship. So I ended up spending a lot of time walking around. I have explored the depths of West London, walking around at 3AM quite a lot, and I think it kind of came from those moments.
I was walking around and realising; what am I getting from this, why am I walking around for hours on end and I’m not bored, I’m not frustrated, I’m just here and I’m kind of soothed by walking around. I think the song came out of that.
Also, frustration, which plays a part in quite a few of our tracks. Then again, that’s kind of very human nature to be frustrated. It definitely came out of those walks.
*It’s a good thing that you can take negative feelings such a frustration and be constructive with it in a creative way. *
Yeah, it’s important to do that otherwise you’re sitting there kind of angry. That’s not good for anyone. People say that music is therapy and listening to music is therapy, and I know I’ve said that before, but I understand what they’re saying.
Whenever you do transform a feeling into something physical, it does make it feel better. That’s why people say if you’re feeling sad you should talk about it. Or, if you’re feeling any kind of emotion that’s not the best emotion you should talk about it, and it does help.
- - -
- - -
'The Golden Age Of Not Even Trying' is out tomorrow (January 26th).
Words: *Aurora Henni Krogh*
Catch Dead! at the following shows:
*January*
27 *Leeds* The Key Club
29 *Manchester* The Star & Garter
30 *Glasgow* The Garage (Attic Bar)
31 *Birmingham* The Flapper
*February*
1 *London* 100 Club
2 *Guildford* The Boileroom
4 *Bedford* Esquires
5 *Cambridge* The Portland Arms
9 *Nottingham* The Bodega
10 *Sheffield* Record Junkee
11 *Hull* The Polar Bear
12 *Newcastle* Think Tank?
14 *Edinburgh* Opium
19 *Oxford* The Cellar
20 *Cardiff* Clwb Ifor Bach (Downstairs)
21 *Bristol* The Louisiana
22 *Plymouth* The Junction
Join us on *Vero*, as we get under the skin of global cultural happenings. Follow *Clash Magazine* as we skip merrily between clubs, concerts, interviews and photo shoots. Get backstage sneak peeks and a true view into our world as the fun and games unfold.
**B*uy Clash Magazine* Reported by Clash 7 hours ago.
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Aurora Solar Technologies Inc.: Aurora Provides Update on Market and Strategic Product Initiatives
NORTH VANCOUVER, British Columbia, 2018-01-25 14:00 CET (GLOBE NEWSWIRE) -- Following recent commercial wins in the explosively growing market for advanced PV cells and modules, Aurora Solar Techno...
Reported by FinanzNachrichten.de 7 hours ago.
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Aurora and CanniMed strike Canada's biggest pot deal yet
Two Canadian marijuana companies have merged and created a $6bn company after a takeover battle between the firms. Aurora Cannabis Inc has acquired the grower CanniMed Therapeutics Inc for $1bn, in...
Reported by FinanzNachrichten.de 4 hours ago.
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I-70 east of Denver shut down by wind, blowing snow
DENVER (AP) — Interstate 70 east of Denver is shut down because of high winds and blowing snow. A stretch of about 170 miles between Aurora and Burlington near the Kansas border was closed in both directions Monday, a day after a winter storm moved through the state. About a dozen flights have been canceled […]
Reported by Seattle Times 4 days ago.
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Eight Public High Schools Earn Top Honors, Recognized As National Schools Of Opportunity
Key NEPC Takeaway: Schools of Opportunity have created rich and equitable learning experiences for all of their students.
BOULDER, Colo. (PRWEB) January 22, 2018
One high school increased the number of students of color taking its AP and college-level courses sixfold in just a year. In another high school, where half of the student population is homeless or involved in the Child Welfare system, strong supports helped its students match New York City’s graduation rate. Yet another high school engages students in rich, college preparatory coursework in an unusual location—a working farm within the Chicago city limits.
These are the new Schools of Opportunity, recognized by the National Education Policy Center (NEPC) at the University of Colorado Boulder for creating rich learning experiences for all of their students. The eight newly recognized schools join 37 other public high schools that are part of NEPC’s Schools of Opportunity network.
These 45 Schools of Opportunity show us how equitable learning environments can exist right now—not merely in some imaginary future. We can learn a great deal from them.
Dr. John DiPaula, the principal of new School of Opportunity Hammond High School, explains that “Hammond’s recognition as a School of Opportunity helps us communicate how our efforts to challenge students, support teachers, and connect with families create amazing, engaging learning opportunities and solid preparation for higher education.”
All eight of the new Schools of Opportunity have challenging and accessible curriculum as well as a healthy, supportive school culture. Yet there is no common profile—each school works to close opportunity gaps in its own unique way.
The new Gold Schools of Opportunity are:· Broome Street Academy Charter High School in New York City. As a Community School in a partnership with an on-site youth development agency, Broome Street provides comprehensive support structures for a school population where 50% of the seats are reserved for students that are homeless, in foster care or involved with the Child Welfare system. Among other accomplishments, the school’s strong relational trust-building and restorative practices have significantly reduced suspension rates.
· Chicago High School for Agricultural Sciences in Chicago, Illinois. Located on the last working farm within Chicago’s city limits, this magnet school has an interdisciplinary college-prep and agricultural curriculum with authentic assessments of student work and internships for all students. This diverse school supports all kinds of learners, notably its considerable autistic population, with full inclusion models in academic and agricultural courses with real work on the farm.
· Denver South High School in Denver, Colorado. South has seen dramatic increases in students of color accessing AP and college-level courses. Exemplary programs for emerging bilingual students include heritage classes in Spanish and Arabic and a culturally relevant curriculum for all students—including many who are resettled refugees, hailing from more than 50 countries.
· Health Sciences High & Middle College in San Diego, California. This charter school offers extraordinarily rich STEM course offerings, challenging its majority low-income student body to achieve at high levels. Internships and enrichment programs connect students to community programs, and many students concurrently enroll in two-year college courses.
· Lincoln High School in Lincoln, Nebraska. Diversity and unity drive a culture of support and academic challenge in a school where everyone—including emerging bilingual students representing 30 different languages—finds a place to belong. A rich arts program, available to all, serves as a common language for Lincoln’s diverse student population.
· Seaside High School in Seaside, California. Using team-taught classes and an innovative curriculum, Seaside has also prepared a high rate of first-generation students of color for its multiple AP courses. The school seamlessly pairs career-pathway courses with rigorous college-preparation classes for every student.
The new Silver Schools of Opportunity are:
· Hammond High School in Columbia, Maryland. Hammond’s impressive curriculum is grounded in rich, project-based learning. The school has eliminated its low-track classes and significantly increased African American enrollment in its AP courses.
· William C. Hinkley High School in Aurora, Colorado. Hinkley’s exemplary professional development opportunities for teachers foster leadership and collaboration. The school also boasts a thoughtful and successful “culture of care” and excellent restorative justice practices grounded in widely shared understandings among students and staff.
NEPC evaluates schools on 10 possible criteria, with each school choosing six to address in the application. As part of the comprehensive evaluation, recognized schools go through a six-phase review process that includes a self-assessment; criterion-based and holistic reviews by school district and university experts and by past awardees; and site visits by project evaluators. Gold schools demonstrate exemplary practices on a minimum of three criteria, while silver schools demonstrate exemplary practices on at least two criteria. Each of the eight recognized schools was also required to earn advanced designations on at least two additional criteria.
Project co-director, Dr. Linda Molner Kelley, notes, “Through the carefully supported application and review process, schools learn a lot about themselves. They have a chance to reflect on and accentuate their continual efforts to strive for improvement in the ways they serve their students.”
Dr. Adam York, the project’s manager, added that the mindset behind Schools of Opportunity recognitions is very different from other recognition programs. “We highlight the programs and policies that are closing the opportunity gaps that create achievement gaps. We want to hold up schools that use best practices to give all students an even chance to access meaningful learning opportunities.”
Next year’s application cycle is already open. If you know a potential School of Opportunity, please visit http://schoolsofopportunity.org/ to learn more. Dr. York encourages schools to take a look and consider how well their practices match those of Schools of Opportunity. “We know there are unsung schools out there doing an outstanding job of serving their entire student populations, increasing challenging opportunities while attending to social, emotional and physical needs of students in order to support learning.”
Find Documents:
Press Release: http://nepc.info/node/9013
The National Education Policy Center (NEPC), housed at the University of Colorado Boulder School of Education, produces and disseminates high-quality, peer-reviewed research to inform education policy discussions. Visit us at: http://nepc.colorado.edu Reported by PRWeb 4 days ago.
BOULDER, Colo. (PRWEB) January 22, 2018
One high school increased the number of students of color taking its AP and college-level courses sixfold in just a year. In another high school, where half of the student population is homeless or involved in the Child Welfare system, strong supports helped its students match New York City’s graduation rate. Yet another high school engages students in rich, college preparatory coursework in an unusual location—a working farm within the Chicago city limits.
These are the new Schools of Opportunity, recognized by the National Education Policy Center (NEPC) at the University of Colorado Boulder for creating rich learning experiences for all of their students. The eight newly recognized schools join 37 other public high schools that are part of NEPC’s Schools of Opportunity network.
These 45 Schools of Opportunity show us how equitable learning environments can exist right now—not merely in some imaginary future. We can learn a great deal from them.
Dr. John DiPaula, the principal of new School of Opportunity Hammond High School, explains that “Hammond’s recognition as a School of Opportunity helps us communicate how our efforts to challenge students, support teachers, and connect with families create amazing, engaging learning opportunities and solid preparation for higher education.”
All eight of the new Schools of Opportunity have challenging and accessible curriculum as well as a healthy, supportive school culture. Yet there is no common profile—each school works to close opportunity gaps in its own unique way.
The new Gold Schools of Opportunity are:· Broome Street Academy Charter High School in New York City. As a Community School in a partnership with an on-site youth development agency, Broome Street provides comprehensive support structures for a school population where 50% of the seats are reserved for students that are homeless, in foster care or involved with the Child Welfare system. Among other accomplishments, the school’s strong relational trust-building and restorative practices have significantly reduced suspension rates.
· Chicago High School for Agricultural Sciences in Chicago, Illinois. Located on the last working farm within Chicago’s city limits, this magnet school has an interdisciplinary college-prep and agricultural curriculum with authentic assessments of student work and internships for all students. This diverse school supports all kinds of learners, notably its considerable autistic population, with full inclusion models in academic and agricultural courses with real work on the farm.
· Denver South High School in Denver, Colorado. South has seen dramatic increases in students of color accessing AP and college-level courses. Exemplary programs for emerging bilingual students include heritage classes in Spanish and Arabic and a culturally relevant curriculum for all students—including many who are resettled refugees, hailing from more than 50 countries.
· Health Sciences High & Middle College in San Diego, California. This charter school offers extraordinarily rich STEM course offerings, challenging its majority low-income student body to achieve at high levels. Internships and enrichment programs connect students to community programs, and many students concurrently enroll in two-year college courses.
· Lincoln High School in Lincoln, Nebraska. Diversity and unity drive a culture of support and academic challenge in a school where everyone—including emerging bilingual students representing 30 different languages—finds a place to belong. A rich arts program, available to all, serves as a common language for Lincoln’s diverse student population.
· Seaside High School in Seaside, California. Using team-taught classes and an innovative curriculum, Seaside has also prepared a high rate of first-generation students of color for its multiple AP courses. The school seamlessly pairs career-pathway courses with rigorous college-preparation classes for every student.
The new Silver Schools of Opportunity are:
· Hammond High School in Columbia, Maryland. Hammond’s impressive curriculum is grounded in rich, project-based learning. The school has eliminated its low-track classes and significantly increased African American enrollment in its AP courses.
· William C. Hinkley High School in Aurora, Colorado. Hinkley’s exemplary professional development opportunities for teachers foster leadership and collaboration. The school also boasts a thoughtful and successful “culture of care” and excellent restorative justice practices grounded in widely shared understandings among students and staff.
NEPC evaluates schools on 10 possible criteria, with each school choosing six to address in the application. As part of the comprehensive evaluation, recognized schools go through a six-phase review process that includes a self-assessment; criterion-based and holistic reviews by school district and university experts and by past awardees; and site visits by project evaluators. Gold schools demonstrate exemplary practices on a minimum of three criteria, while silver schools demonstrate exemplary practices on at least two criteria. Each of the eight recognized schools was also required to earn advanced designations on at least two additional criteria.
Project co-director, Dr. Linda Molner Kelley, notes, “Through the carefully supported application and review process, schools learn a lot about themselves. They have a chance to reflect on and accentuate their continual efforts to strive for improvement in the ways they serve their students.”
Dr. Adam York, the project’s manager, added that the mindset behind Schools of Opportunity recognitions is very different from other recognition programs. “We highlight the programs and policies that are closing the opportunity gaps that create achievement gaps. We want to hold up schools that use best practices to give all students an even chance to access meaningful learning opportunities.”
Next year’s application cycle is already open. If you know a potential School of Opportunity, please visit http://schoolsofopportunity.org/ to learn more. Dr. York encourages schools to take a look and consider how well their practices match those of Schools of Opportunity. “We know there are unsung schools out there doing an outstanding job of serving their entire student populations, increasing challenging opportunities while attending to social, emotional and physical needs of students in order to support learning.”
Find Documents:
Press Release: http://nepc.info/node/9013
The National Education Policy Center (NEPC), housed at the University of Colorado Boulder School of Education, produces and disseminates high-quality, peer-reviewed research to inform education policy discussions. Visit us at: http://nepc.colorado.edu Reported by PRWeb 4 days ago.
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AWWA Board of Directors Selects Jim Williams of Mishawaka, Ind. As Next President-Elect
The American Water Works Association Board of Directors announced Jim Williams of Mishawaka, Ind. as the Association’s next president-elect.
SAVANNAH, Ga. (PRWEB) January 22, 2018
The American Water Works Association Board of Directors announced Jim Williams of Mishawaka, Ind. as the Association’s next president-elect. Two vice presidents and one director-at-large were also elected during the annual winter meeting.
An AWWA member for over 30 years, Williams is currently the general manager at Peerless-Midwest, a Suez Company. Active in the Indiana Section, he has served as chair and director and currently sits on its Water Utility Council and Water for People Committee. He has received several water industry awards, including the Kenneth J. Miller Founders’ Award and the George Warren Fuller Award.
Williams begins his role as president-elect in June at the conclusion of AWWA’s Annual Conference & Exposition in Las Vegas. He will serve his one-year presidential term beginning in June 2019.
The two vice presidents elected by the board are:· Randy Moore has been a member of AWWA for 35 years at the Missouri Section and is a regular contributor to Opflow, AWWA’s magazine for operators. Currently an Association service provider director-at-large, he is director of sales – agency development and industry affairs for Tnemec Co. in Kansas City, Mo.
· Theresa O’Grady, a member of the Illinois Section for over 20 years, is currently the director and is involved in several committees. O’Grady is a group manager of water resources at Crawford, Murphy & Tilly, Inc. in Aurora, Ill.
Also elected was Keisha Lisbon Thorpe as director-at-large. Thorpe is a watershed director II at the City of Atlanta and has been a member of AWWA’s Georgia Section for over 15 years. Active at her Section, she launched the Diversity Committee and also helped to launch the Model Water Tower Competition Committee.
Established in 1881, the American Water Works Association is the largest nonprofit, scientific and educational association dedicated to managing and treating water, the world’s most important resource. With approximately 50,000 members, AWWA provides solutions to improve public health, protect the environment, strengthen the economy and enhance our quality of life. Reported by PRWeb 4 days ago.
SAVANNAH, Ga. (PRWEB) January 22, 2018
The American Water Works Association Board of Directors announced Jim Williams of Mishawaka, Ind. as the Association’s next president-elect. Two vice presidents and one director-at-large were also elected during the annual winter meeting.
An AWWA member for over 30 years, Williams is currently the general manager at Peerless-Midwest, a Suez Company. Active in the Indiana Section, he has served as chair and director and currently sits on its Water Utility Council and Water for People Committee. He has received several water industry awards, including the Kenneth J. Miller Founders’ Award and the George Warren Fuller Award.
Williams begins his role as president-elect in June at the conclusion of AWWA’s Annual Conference & Exposition in Las Vegas. He will serve his one-year presidential term beginning in June 2019.
The two vice presidents elected by the board are:· Randy Moore has been a member of AWWA for 35 years at the Missouri Section and is a regular contributor to Opflow, AWWA’s magazine for operators. Currently an Association service provider director-at-large, he is director of sales – agency development and industry affairs for Tnemec Co. in Kansas City, Mo.
· Theresa O’Grady, a member of the Illinois Section for over 20 years, is currently the director and is involved in several committees. O’Grady is a group manager of water resources at Crawford, Murphy & Tilly, Inc. in Aurora, Ill.
Also elected was Keisha Lisbon Thorpe as director-at-large. Thorpe is a watershed director II at the City of Atlanta and has been a member of AWWA’s Georgia Section for over 15 years. Active at her Section, she launched the Diversity Committee and also helped to launch the Model Water Tower Competition Committee.
Established in 1881, the American Water Works Association is the largest nonprofit, scientific and educational association dedicated to managing and treating water, the world’s most important resource. With approximately 50,000 members, AWWA provides solutions to improve public health, protect the environment, strengthen the economy and enhance our quality of life. Reported by PRWeb 4 days ago.
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Physician Medical Group M&A Activity Drops in Q4:2017
Acquisition activity in the physician medical group market dropped in the fourth quarter of 2017, according to data from HealthcareMandA.com
NORWALK, Conn. (PRWEB) January 25, 2018
* To receive this press release via email, send a message to pressreleases@levinassociates.com
Phone: (203) 846-6800 Lisa Phillips, Editor
Fax: (203) 846-8300
Physician medical group M&A activity dropped in the fourth quarter of 2017 to 33 transactions, a 21% decline from the third quarter, according to new acquisition data from HealthCareMandA.com. However, the 33 transactions represented an 18% increase from the fourth quarter of 2016. The first quarter of 2017 represented the highest level of physician medical group M&A activity in several years, with 59 deals. Despite the decrease in deal volume, spending increased 238% in the fourth quarter compared with the previous quarter, to $4.9 billion.
Four companies announced two acquisitions apiece in the quarter: MEDNAX, Epiphany Dermatology, Aurora Diagnostics and Platinum Dermatology Partners. A fifth company, U.S. Dermatology Partners, announced four acquisitions in the quarter. “Dermatology practices dominated the buying in the fourth quarter, many of which are backed by private equity firms,” stated Lisa Phillips, editor of the Health Care M&A Report, which publishes the data. In the fourth quarter, 22 of the 33 acquisitions were made by private equity firms or private equity-backed platforms. “Physician practices, and especially dermatology groups, have been a favorite target for private equity recently,” continued Phillips.
Hospital companies or health systems announced two physician medical group acquisitions in the fourth quarter, and other than dermatology, the second most active sector for acquisition was orthopedic groups, with four practices purchased in the fourth quarter.
All quarterly results are published in The Health Care M&A Report for all 13 sectors of health care, which is part of the HealthCareMandA.com investment research source. For more information, or to order the report, call 800-248-1668. Irving Levin Associates, Inc. was established in 1948 and has headquarters in Norwalk, Connecticut. The company publishes research reports and newsletters, and maintains databases on the health care and senior housing M&A markets. Reported by PRWeb 11 hours ago.
NORWALK, Conn. (PRWEB) January 25, 2018
* To receive this press release via email, send a message to pressreleases@levinassociates.com
Phone: (203) 846-6800 Lisa Phillips, Editor
Fax: (203) 846-8300
Physician medical group M&A activity dropped in the fourth quarter of 2017 to 33 transactions, a 21% decline from the third quarter, according to new acquisition data from HealthCareMandA.com. However, the 33 transactions represented an 18% increase from the fourth quarter of 2016. The first quarter of 2017 represented the highest level of physician medical group M&A activity in several years, with 59 deals. Despite the decrease in deal volume, spending increased 238% in the fourth quarter compared with the previous quarter, to $4.9 billion.
Four companies announced two acquisitions apiece in the quarter: MEDNAX, Epiphany Dermatology, Aurora Diagnostics and Platinum Dermatology Partners. A fifth company, U.S. Dermatology Partners, announced four acquisitions in the quarter. “Dermatology practices dominated the buying in the fourth quarter, many of which are backed by private equity firms,” stated Lisa Phillips, editor of the Health Care M&A Report, which publishes the data. In the fourth quarter, 22 of the 33 acquisitions were made by private equity firms or private equity-backed platforms. “Physician practices, and especially dermatology groups, have been a favorite target for private equity recently,” continued Phillips.
Hospital companies or health systems announced two physician medical group acquisitions in the fourth quarter, and other than dermatology, the second most active sector for acquisition was orthopedic groups, with four practices purchased in the fourth quarter.
All quarterly results are published in The Health Care M&A Report for all 13 sectors of health care, which is part of the HealthCareMandA.com investment research source. For more information, or to order the report, call 800-248-1668. Irving Levin Associates, Inc. was established in 1948 and has headquarters in Norwalk, Connecticut. The company publishes research reports and newsletters, and maintains databases on the health care and senior housing M&A markets. Reported by PRWeb 11 hours ago.
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Denver, Aurora mayors join group tackling homelessness, affordable housing
Denver Mayor Michael Hancock and Aurora Mayor Steve Hogan are among a new bipartisan group from several states seeking to address homelessness and affordable housing issues nationwide. Called Mayors & CEOs for U.S. Housing Investment, the coalition of local government and business leaders aims to advance public-private partnerships to tackle housing issues. "As city leaders, we have the ability and obligation to help address the issue of homelessness," said Hogan. "This new initiative will pursue…
Reported by bizjournals 10 hours ago.
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The buyer, the target and the other guy: Behind Canada’s biggest marijuana deal
On Wednesday morning, after marathon negotiations, Aurora and CanniMed announced one of Canada’s most unusual takeovers
Reported by Globe and Mail 7 hours ago.
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One dead following crash with semi-truck Friday morning in Aurora
The driver of a sedan is dead Friday morning following a crash with a semi-truck in eastern Aurora.
Reported by Denver Post 19 hours ago.
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Bold squirrel steals a huge pastry, but quickly loses it to a bully
In what may be the sweetest heist of the century, a squirrel in Aurora, Colorado, was just spotted lugging around a stolen frosted Danish.
The pastry was almost half of the size of its captor, but the squirrel carried it through a parking lot, determined to get away.
"He was looking for a cup of coffee I think," said the person who took the video. But before it could enjoy its sugary treasure, a larger squirrel stole it and ran off.
The pastry thief is still at large. Read more...
More about Squirrel, Culture, and Animals Reported by Mashable 11 hours ago.
The pastry was almost half of the size of its captor, but the squirrel carried it through a parking lot, determined to get away.
"He was looking for a cup of coffee I think," said the person who took the video. But before it could enjoy its sugary treasure, a larger squirrel stole it and ran off.
The pastry thief is still at large. Read more...
More about Squirrel, Culture, and Animals Reported by Mashable 11 hours ago.
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