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ComEd Receives National Recognition for Outstanding Storm Response

ComEd Receives National Recognition for Outstanding Storm Response

Two Awards Highlight Exemplary Recovery Efforts Following July Extreme Weather in Northern Illinois, Assistance Efforts Following Destructive Hurricanes that Hit Southern States

CHICAGO–(BUSINESS WIRE)–
ComEd was recently recognized by the Edison Electric Institute (EEI) as a recipient of two Emergency Response Awards. The Emergency Recovery Award was presented to ComEd for its exemplary recovery efforts in response to severe weather that spawned more than 40 tornadoes in northern Illinois last July, and the Emergency Assistance Award was presented to ComEd in recognition of its assistance efforts restoring service to homes and businesses in the South following Hurricanes Helene and Milton.

“ComEd lineworkers are the best in the business, utilizing their skills and talents to quickly respond to customer outages following severe and destructive weather events both at home and across the country,” said DavidPerez, ComEd executive vice president and COO. “ComEd continues to invest in our people and the grid to ensure we are prepared for increasingly more severe weather caused by climate change. We are grateful for the national recognition of our outstanding recovery and assistance efforts.”

“Throughout 2024, America’s electric companies and their dedicated workforce answered the call to help restore power and hope to communities impacted by extreme weather events and natural disasters,” said EEI interim President and CEO Pat Vincent-Collawn. “EEI commends ComEd for its efforts to respond safely and efficiently to the aftermath of severe weather in northern Illinois. We also applaud ComEd for aiding neighboring electric companies in their times of need. ComEd and its storm response team are extremely deserving of these well-earned emergency recovery and assistance awards.”

The first award was earned by ComEd due to efforts in July 2024, when 99 percent of customers were restored in three days following storms that impacted more than 430,000 ComEd customers. The storm included more than 40 confirmed tornadoes, including 10 that were on the ground simultaneously. Included in the damage were lane closures on major interstates and other infrastructure damage in addition to thousands of individual outages affecting customers across northern Illinois. Throughout the restoration process, ComEd remained in close coordination with community leaders and local agencies to identify and expedite repairs.

The second award was earned by ComEd due to outstanding efforts helping other utilities restore power following Hurricanes Helene and Milton. ComEd deployed more than 340 employees to support restoration efforts in four states. Over 24 days, ComEd crews traveled more than 512,000 miles and restored more than 12,600 customers impacted by the storms.

These awards are just the latest accolades earned by ComEd. In November of 2024, in recognition of ComEd’s successful efforts to achieve best-in-class reliability, PA Consulting presented the electric company with the 2024 ReliabilityOne® award for Outstanding Reliability Performance in the Midwest Metropolitan Service Area. ComEd also received the Climate Action Leader award for advancing the planning and operations to transition into a cleaner future grid.

ComEd is a unit of Chicago-based Exelon Corporation (NASDAQ: EXC), a Fortune 200 energy company with approximately 10 million electricity and natural gas customers in the U.S. ComEd powers the lives of more than 4 million customers across northern Illinois, or 70 percent of the state’s population. For more information visit ComEd.com and connect with the company on Facebook, Twitter, Instagram and YouTube.

ComEd Media Relations

312-394-3500

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Natural Disasters Energy Environment Other Energy Utilities

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SHAREHOLDER ALERT: Class Action Lawsuit Filed on Behalf of BioAge Labs, Inc. (BIOA) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm 

ATLANTA, Jan. 09, 2025 (GLOBE NEWSWIRE) — A shareholder class action lawsuit has been filed against BioAge Labs, Inc. (“BioAge” or the “Company”) (NASDAQ: BIOA). The lawsuit alleges that the Company’s registration statement issued in connection with its IPO was false and/or misleading because Defendants failed to disclose safety concerns related to its lead product candidate, azelaprag.

If you bought shares of BioAge on or after September 26, 2024 and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at [email protected], by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/bioage-labs/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is March 10, 2025.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]



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Teresa Carlile Appointed President of Ridgeland Mortgage

Teresa Carlile Appointed President of Ridgeland Mortgage

Mortgage industry veteran to lead newly formed joint venture between loanDepot and Smith Douglas Homes

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Ridgeland Mortgage, the recently formed joint venture between leading mortgage lender loanDepot, Inc. (NYSE: “LDI”) and the nation’s 36th largest new home builder Smith Douglas Homes (NYSE: “SDHC”), has appointed veteran mortgage leader Teresa Carlile as president. In her role, Carlile will lead the business’ growth and daily operations, striving to provide a smooth and streamlined financing experience for Smith Douglas Homes’ customers.

“Teresa is a trusted leader in the mortgage industry, and as our first key hire, she’s an exceptional addition to the Ridgeland Mortgage team,” said Dan Peña, executive vice president of national joint ventures for loanDepot. “With experience across all areas of the business, she brings a wealth of knowledge about mortgage products, complex guidelines, and operations, positioning her as the ideal leader to guide our team in delivering a best-in-class customer experience.”

With more than 25 years of leadership experience in the mortgage industry—notably in the Atlanta, Ga. area, a key growth market for Ridgeland—Carlile has a proven record of helping families achieve the American dream of homeownership. She also brings extensive experience working with national builders, providing valuable expertise to Smith Douglas Homes and the joint venture.

“As we navigate the early growth stages of Ridgeland Mortgage, we are confident that Teresa’s ability to tackle complex challenges, connect with and inspire others, and foster collaboration will be instrumental to the success of the business,” said Greg Bennett, chief executive officer of Smith Douglas Homes. “She is dedicated to building a strong, cohesive team culture, and we’re excited to see her bring that commitment to life with our team.”

The Ridgeland Mortgage joint venture supports Smith Douglas Homes’ continued growth and success while expanding loanDepot’s footprint in the purchase mortgage market. It pairs Smith Douglas Homes’ focus on building high quality homes at attractive prices in growing markets with loanDepot’s lending industry expertise and best-in-class platform. As Ridgeland Mortgage grows, the company plans to operate in the following markets:

  • Atlanta and Central GA

  • Houston, TX

  • Birmingham and Huntsville, AL

  • Charlotte and Raleigh, NC

  • Chattanooga and Nashville, TN

“Much like the mission of Ridgeland Mortgage, I have dedicated my career to supporting families in achieving their homeownership goals, and I look forward to leading our team to success with a contagious sense of purpose and passion,” said Carlile.

About loanDepot

At loanDepot (NYSE: LDI), we know home means everything. That’s why we are on a mission to support homeowners with a suite of products and services that fuel the American Dream. Our portfolio of digital-first home purchase, home refinance and home equity lending products make homeownership more accessible, achievable, and rewarding, especially for the increasingly diverse communities of first-time homebuyers we serve. Headquartered in Southern California with local market offices nationwide, loanDepot and its sister real estate and home services company, mellohome, are dedicated to helping customers put down roots and bring dreams to life – all while building stronger communities and a better tomorrow.

About Smith Douglas Homes

Headquartered in Woodstock, Georgia, Smith Douglas Homes completed its initial public offering in January 2024. Since its inception, Smith Douglas has been entrusted by over 15,000 families to fulfill their new home dreams. Ranked a top 50 builder nationally for several years and with 2,297 closings in 2023, Smith Douglas currently holds the #36 position on the Builder Magazine Top 100 list. The Smith Douglas communities are primarily targeted to entry-level and empty-nest homebuyers looking to purchase a new home priced below the Federal Housing Administration loan limit in the metro areas of Atlanta, Birmingham, Charlotte, Chattanooga, Houston, Huntsville, Nashville, and Raleigh. Smith Douglas offers its homebuyers a personalized, affordable luxury buying experience at attractive prices.

Media Contact:

Jonathan Fine

VP, Public Relations

(781) 248-3963

[email protected]

Smith Douglas Homes Investor Relations Contact:

Joe Thomas

SVP of Accounting & Finance

[email protected]

KEYWORDS: California Arizona Alabama North Carolina Georgia Texas Tennessee United States North America

INDUSTRY KEYWORDS: Finance Banking Professional Services Residential Building & Real Estate Construction & Property

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IGM Biosciences Provides Strategic Update on Autoimmunity Pipeline Programs

– Company halting further development of imvotamab (CD20 x CD3) and IGM-2644 (CD38 x CD3)
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– Company reducing its workforce by 73% –

– Cash and investments of $183.8 million (unaudited) as of December 31, 2024 –

MOUNTAIN VIEW, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) — IGM Biosciences, Inc. (Nasdaq: IGMS), a biotechnology company committed to developing and delivering medicines to treat patients with autoimmune and inflammatory diseases, today announced a strategic update to halt further development of imvotamab, an IgM-based CD20 X CD3 bispecific antibody T cell engager, and IGM-2644, an IgM-based CD38 X CD3 bispecific antibody T cell engager, for autoimmune diseases.
  
“Interim data from the Phase 1b studies of imvotamab in rheumatoid arthritis and systemic lupus erythematosus show that the depth and consistency of B cell depletion is insufficient to meet our high bar for success,” said Mary Beth Harler, M.D., Chief Executive Officer of IGM Biosciences. “Due to these findings, we have decided to discontinue further development of imvotamab. I would like to thank the patients and investigators who have participated in the imvotamab clinical studies as well as our employees for their commitment to transforming the lives of patients living with autoimmune diseases. Concurrent with discontinuation of the imvotamab program, IGM-2644 is also being terminated due to strategic considerations.”

The Company is currently evaluating internal options as well as potential strategic alternatives with the goal of maximizing value for its shareholders. While this internal evaluation and strategic exploration are ongoing, the Company is immediately taking steps, including an approximately 73% reduction in force, to preserve cash. The Company reported cash and investments of approximately $183.8 million (unaudited) as of December 31, 2024.

“I want to thank our colleagues who will be departing from IGM as part of the restructuring and acknowledge their many contributions to our programs,” added Dr. Harler. “We are grateful for their support and wish them all the best in their future endeavors.”

About IGM Biosciences, Inc.

IGM Biosciences is a biotechnology company committed to developing and delivering medicines to treat patients with autoimmune and inflammatory diseases. IGM has an exclusive worldwide collaboration agreement with Sanofi to create, develop, manufacture, and commercialize IgM antibody agonists against immunology and inflammation targets. For more information, please visit www.igmbio.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements. Such forward-looking statements are not based on historical fact and include, but are not limited to: IGM’s evaluation of internal options and potential strategic alternatives with the goal of maximizing value for its shareholders; expectations regarding IGM’s reduction in force, including the size and timing of the reduction in force; and statements by Dr. Harler. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially, including but not limited to: IGM’s implementation of its plan to preserve cash, including without limitation the reduction in force, as well as its evaluation of internal options and potential strategic alternatives, may be unsuccessful, cause disruptions or create unintended consequences; IGM’s early stages of clinical drug development; risks related to the use of engineered IgM antibodies, which is a novel and unproven therapeutic approach; IGM’s ability to demonstrate the safety and efficacy of its product candidates; IGM’s ability to successfully and timely advance its product candidates through clinical trials; IGM’s ability to enroll patients in its clinical trials; the potential for the results of clinical trials to differ from preclinical, preliminary, initial or expected results; the risk of significant adverse events, toxicities or other undesirable side effects; IGM’s ability to successfully manufacture and supply its product candidates for clinical trials; the potential impact of continuing or worsening supply chain constraints; the risk that all necessary regulatory approvals cannot be obtained; the potential market for IGM’s product candidates, and the progress and success of alternative therapeutics currently available or in development; IGM’s ability to obtain additional capital to finance its operations; uncertainties related to the projections of the size of patient populations suffering from the diseases IGM is targeting; IGM’s ability to obtain, maintain and protect its intellectual property rights; developments relating to IGM’s competitors and its industry, including competing product candidates and therapies; any potential delays or disruptions resulting from catastrophic events, including epidemics or other outbreaks of infectious disease; general economic and market conditions, including inflation; and other risks and uncertainties, including those more fully described in IGM’s filings with the Securities and Exchange Commission (SEC), including IGM’s Quarterly Report on Form 10-Q filed with the SEC on November 8, 2024 and in IGM’s future reports to be filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and IGM specifically disclaims any obligation to update any forward-looking statement, except as required by law.

Contact:

Argot Partners
David Pitts
212-600-1902
[email protected]



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Verizon named a Leader in first-ever 2025 Gartner® Magic Quadrant™ for Private Mobile Network Services

Verizon is the only U.S.-based service provider to be named a Leader, placed in the report for both “Completeness of Vision” and “Ability to Execute.”

NEW YORK, Jan. 09, 2025 (GLOBE NEWSWIRE) — Verizon has been recognized as a Leader in the first-ever Gartner Magic Quadrant for 4G and 5G Private Mobile Network Services, the only U.S.-based mobile carrier to be placed in the Leaders Quadrant. Leaders are recognized for a combined assessment of Ability to Execute and Completeness of Vision related to their activity in the private mobile network services market.

“Verizon has worked tirelessly to serve and advance the market for private wireless networks, and I feel this recognition from Gartner, together with the market response from our customers, is incredibly rewarding,” said Jennifer Artley, SVP of 5G Acceleration, Verizon Business. “Verizon’s core competency is building networks. Combine that with our customer-centric approach, well-integrated portfolio solutions and platforms, and our U.S. licensed-spectrum advantage and you have our foundation for market leadership. We look forward to further developing the market and its ever expanding ecosystem of partners, devices and applications both domestically and internationally.”

Magic Quadrant Market Definition

Gartner defines 4G and 5G private mobile network (PMN) services as private wireless network deployment, operation and management services for the exclusive use by a given organization, to provide dedicated connectivity for people and assets of an enterprise setting. 4G and 5G PMN services are delivered as an end-to-end service that covers design, architecting, deployment and management, based on the 3GPP standards, in a specific enterprise location, with dedicated or a mix of shared assets, such as spectrum or core network.

Evaluation Criteria

For Ability to Execute, “Gartner evaluates vendors on the quality of their multiregion, end-to-end PMN services offering that enables enterprises to improve their operational performance and efficiency, and to positively impact revenue, retention and reputation within Gartner’s view of the market,” according to Gartner.

Gartner puts “high” weighting on the following for Ability to Execute: Customer Experience, Sales Execution/Pricing, and Product/Service (core goods and services that compete in and or serve the defined market, including capabilities, quality, feature sets, etc). “Medium” weighting is placed on Overall Viability and Market Responsiveness or Track Record.

For Completeness of Vision, “Gartner evaluates service providers on their ability to articulate logical statements convincingly about the market’s current and future direction, innovations, customer needs, and competitive forces, and on how well these correspond to Gartner’s position,” according to Gartner.

Gartner evaluation criteria puts “high” weighting on the following for Completeness of Vision: Market Understanding, Innovation, and Offering (Product) Strategy. “Medium” weighting is placed on Vertical/Industry Strategy and Business Model.

To read the full report, click here.

To learn more about private wireless offerings from Verizon Business, click here.

Gartner, Gartner Magic Quadrant for 4G and 5G Private Mobile Network Services, Sylvain Fabre, Peter Liu, et al., 06 January, 2025.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

Media contact:

Matt Conte
[email protected]
(917) 848-3040



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More Ways to Earn and Redeem Points on The Strip: The Venetian Resort Las Vegas Now Participating in World of Hyatt

More Ways to Earn and Redeem Points on The Strip: The Venetian Resort Las Vegas Now Participating in World of Hyatt

Hyatt guests and members now have more to enjoy on the Las Vegas Strip, with two award-winning hotels and an exclusive, limited-time World of Hyatt FIND experience to celebrate the new relationship

CHICAGO–(BUSINESS WIRE)–
Starting today, World of Hyatt members can earn and redeem points at The Venetian Resort Las Vegas on qualifying stays when booked through Hyatt, earn credit toward earning tier status and Milestone Rewards as well as a Brand Explorer Award, and earn points at participating restaurants and retailers when charged to their rooms, and elite members can enjoy additional on-property benefits.With this exclusive relationship, World of Hyatt will offer members more choice – at the heart of the Las Vegas Strip – for more rewarding travel experiences and stays, including The Venetian Resort’s all-suite accommodations.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250109533343/en/

The Venetian Resort Las Vegas Now Participating in World of Hyatt (Photo: Business Wire)

The Venetian Resort Las Vegas Now Participating in World of Hyatt (Photo: Business Wire)

“We believe in the transformative powers of travel, and The Venetian Resort Las Vegas seamlessly delivers on this with memorable stays and out-of-this-world experiences that immerse travelers in the here and now,” said Laurie Blair, vice president, global marketing, Hyatt. “We heard from our members that Las Vegas is one of the top destinations they’d like to visit in the next few years, thanks to its world-class entertainment and unique experiences. We look forward to offering our members more enriching travel experiences in this in-demand market, from exclusive culinary offerings to out-of-this-world performances at The Venetian Resort and at the Sphere at the Venetian.

A World of Possibilities and Rewarding Stays

The Venetian Resort Las Vegas, which is comprised of two hotels, The Palazzo at The Venetian Resort and The Venetian, is renowned for its immersive indulgence with world-class shopping, award-winning dining and newly remodeled luxury suites – now available for World of Hyatt members to earn and redeem points.

“Our legendary resort continues to lead the way on the Strip, setting the benchmark for innovation, luxury, and unforgettable guest experiences,” said Patrick Nichols, President and Chief Executive Officer of The Venetian Resort Las Vegas. “From unveiling reimagined suites and collaborating with world-renowned chefs to delivering unparalleled entertainment, we have consistently stayed at the forefront of this ever-evolving destination. As we embrace a new era for The Venetian Resort, this alliance with World of Hyatt enables us to expand our reach and connect with new audiences.”

Recognized by Condé Nast Traveler Readers’ Choice Awards as the top two hotels in Las Vegas, The Palazzo at The Venetian Resort and The Venetian transport guests and members to a setting that evokes the romance of the “Floating City” Venice, Italy, offering something for everyone to:

  • Earn & Indulge:
    • Earn World of Hyatt points for eligible spend at more than 20 restaurants and shops, including, Bouchon by Michelin-star chef Thomas Keller, CUT by Wolfgang Puck, Wakuda from two-Michelin-starred chef Tetsuya Wakuda and Buddy V’s Ristorante by chef Buddy Valastro.

    • Check out the newest dining additions including Hasalon from Chef Eyal Shani, Gjelina from Venice Beach California, as well as the celebrated Korean steakhouse, COTE, and Jose Andres’ Bazaar Meat, both opening in 2025.

    • Explore the famous Las Vegas nightlife through popular spots like Electra Cocktail Club and Juliet Cocktail Room to go on a sensational journey with irresistible cocktails.

  • Unwind & Relax: In Las Vegas, it’s always pool season – lounge across more than two acres of pool deck next to the waters of eleven large pools on inviting daybeds and cabanas and enjoy the award-winning Canyon Ranch Spa.
  • Escape through Entertainment: In addition to unforgettable shows and experiences like Shin Lim’s incredible magic show and Dita Von Teese’s signature artistry with the all-new revue, for a limited time, World of Hyatt members can take advantage of a new World of Hyatt FIND experience to celebrate the alliance.

Limited-Time Auction to Stay & Play like a VIP at The Venetian Resort: One World of Hyatt member and their guest will get to celebrate the new World of Hyatt and The Venetian Las Vegas relationship through an exclusive, luxuriously curated weekend of indulgence and entertainment available on the World of Hyatt FIND platform, which offers World of Hyatt members 500+ curated experiences to enhance their stay and immerse themselves in their destination. The Venetian Resort-exclusive VIP experience will offer two VIP suite tickets to a concert at the Sphere at The Venetian as well as a food and beverage credit to use at The Venetian’s renowned restaurants, a gondola ride through the iconic Venetian canals and a luxurious Venetian Cabana to relax poolside. The member and their guest will also receive a three-night stay in the newly renovated Luxury King Suite at The Venetian with views of the Sphere. Visit FIND Experiences by World of Hyatt to bid on this experience now through January 16, 2025.

Earn in Las Vegas, Redeem Globally

World of Hyatt members can enjoy the benefits they know and love at The Venetian Resort while earning points to redeem in Las Vegas and beyond. The Palazzo at The Venetian Resort and The Venetian will participate in the Brand Explorer Award under The Venetian Resort Las Vegas brand in the “More to Explore” category.

Elite members can enjoy even more with qualifying stays booked through Hyatt, including:

  • 5 Base Points per eligible $1 USD spent on rooms and resort fees and at 20+ participating restaurants and bars, select retail locations at The Venetian and The Palazzo when charged to your room (alcohol, taxes and other exclusions apply)

  • 4 Bonus Points per eligible $1 USD for World of Hyatt Credit Cardmembers on eligible spend when charged to your room

  • Standard tier Bonus Points for elite tier members on eligible room rates and resort fees and eligible spend at participating restaurants and bars, and select retail locations at The Venetian and The Palazzo when charged to your room

  • Credit toward earning tier status and Milestone Rewards

  • Redeem points for free nights at The Venetian and The Palazzo as well as 1,350+ Hyatt hotels globally

  • On-property benefits for elite members from The Venetian Resort, like Invited Guest check-in; late checkout and early check-in (pending availability), suite upgrades (pending availability); and discounts on gondola rides and select retail locations.

Stay tuned for additional information on World of Hyatt benefits for elite Venetian Rewards members and World of Hyatt benefits for eligible meeting and event planners at The Venetian Resort Las Vegas.

Not a World of Hyatt member? Sign up now for free at www.hyatt.com/join. To learn more about The Venetian Resort Las Vegas, visit hyatt.com/TheVenetianResort.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About World of Hyatt

World of Hyatt is Hyatt’s award-winning guest loyalty program uniting participating locations in Hyatt’s Luxury Portfolio, including Park Hyatt®, Alila®, Miraval®, Impression by Secrets, and The Unbound Collection by Hyatt®; the Lifestyle Portfolio, including Andaz®, Thompson Hotels®, Dream® Hotels, Breathless Resorts & Spas®, JdV by Hyatt®, and me and all hotels; the Inclusive Portfolio, including Zoëtry® Wellness & Spa Resorts, Hyatt Ziva®, Hyatt Zilara®, Secrets® Resorts & Spas, Dreams® Resorts & Spas, Hyatt Vivid Hotels & Resorts, Sunscape® Resorts & Spas, and Alua Hotels & Resorts®; the Classics Portfolio, including Grand Hyatt®, Hyatt Regency®, Destination by Hyatt®, Hyatt Centric®, Hyatt Vacation Club®, and Hyatt®; and the Essentials Portfolio, including Caption by Hyatt®, Hyatt Place®, Hyatt House®, Hyatt Studios, and UrCove. Lifestyle Portfolio brands The Standard®, The StandardX and Bunkhouse® Hotels will participate in World of Hyatt in the future. Members who book directly through Hyatt channels can enjoy personalized care and access to distinct benefits including Guest of Honor, confirmed suite upgrades at time of booking, diverse wellbeing offerings, digital key, and exclusive member rates. With 51 million members and counting, World of Hyatt offers a variety of ways to earn and redeem points for hotel stays, dining and spa services, wellbeing focused experiences through the FIND platform; as well as the benefits of Hyatt’s strategic loyalty collaboration with American Airlines AAdvantage®. Travelers can enroll for free at hyatt.com, download the World of Hyatt app for android and IOS devices and connect with World of Hyatt on Facebook, Instagram,TikTok and Twitter.

About The Venetian Resort Las Vegas

The Venetian Resort Las Vegas features all-suite accommodations across The Venetian and The Palazzo. The iconic resort’s experience is marked by a commitment to sophisticated play and light-hearted luxury, with world-class restaurants from celebrated chefs; the rejuvenating Canyon Ranch spa + fitness; a five-acre pool and garden deck inspired by the Italian Riviera including TAO Beach Dayclub, a Balinese-inspired tropical oasis; two landmark casinos and a poker room; Voltaire, a new destination nightlife venue that blurs the lines between and intimate club, concert, and non-stop entertainment; TAO Nightclub, and unparalleled retail experiences at Grand Canal Shoppes.

A premier events and conference center, the resort is home to more than 2.25 million square feet of meeting, exposition, and convention space. The Venetian Resort’s brand-new loyalty program, Venetian Rewards, offers resort-wide earning and redemption for gaming play, including slots and tables, as well as experiential spend, such as dining, entertainment, hotel reservations, and more.

The Venetian Resort Las Vegas is the only place fans can get the full experience of Sphere at The Venetian with concert and hotel packages including preferred seating. Sphere is a next-generation venue that will redefine the future of live entertainment.

Hyatt Media Contact:

Kaitlyn Sheehy

[email protected]

The Venetian Media Contact:

Anna Schmid

[email protected]

KEYWORDS: Illinois Nevada United States North America

INDUSTRY KEYWORDS: Women Men Other Travel Lodging Consumer Tourist Attractions Destinations Vacation Travel

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The Venetian Resort Las Vegas Now Participating in World of Hyatt (Photo: Business Wire)
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California Wildfire Assistance: U-Haul Offers 30 Days Free Storage at 92 Centers across L.A.

California Wildfire Assistance: U-Haul Offers 30 Days Free Storage at 92 Centers across L.A.

LOS ANGELES–(BUSINESS WIRE)–
In responseto the devastating fires impacting residents across Greater Los Angeles, U-Haul® has made 92 Company facilities in Southern California available to offer its 30 days free self-storage and U-Box® container disaster relief program to help evacuees and affected families.

The Palisades and Eaton Fires have destroyed hundreds of homes and displaced thousands of people. The Hurst and Lidia Fires are burning northeast of L.A., while the Sunset Fire is ablaze in West Hollywood.

“I cannot put into words the devastation that I have witnessed firsthand,” said Chris Piedra, U-Haul Area District Vice President. “People are hurting and in need of help. U-Haul is part of these communities, and if we can help our neighbors in this process, we are going to do so.”

The 30 days free offer applies to new self-storage and U-Box rentals and is based on availability at participating U-Haul-owned and -operated locations. Please reference the cities below with participating stores and contact your nearest U-Haul marketing company office to arrange storage services.

U-Haul Co. of Fresno (4 Stores)

(559) 266-5134

Participating store locations: Bakersfield

U-Haul Co. of Los Angeles East (11 Stores)

(626) 859-4508

Participating store locations: Baldwin Park, City of Industry, Covina, El Monte, Glendora, Los Angeles, Pico Rivera, Rosemead, Whittier

U-Haul Co. of Los Angeles South (8 Stores)

(424) 329-5296

Participating store locations: Bellflower, Gardena, Long Beach, Rancho Dominguez, Torrance

U-Haul Co. of Los Angeles West (13 Stores)

(310) 532-9503

Participating store locations: Cudahy, Hollywood, Huntington Park, Inglewood, Los Angeles, Lynwood, Santa Monica

U-Haul Co. of North Orange County (12 Stores)

(714) 525-4717

Participating store locations: Anaheim, Fullerton, Garden Grove, Huntington Beach, La Habra, Placentia, Santa Ana, Tustin, Westminster

U-Haul Co. of Riverside (7 Stores)

(951) 485-2007

Participating store locations: Cathedral City, Corona, Hemet, Indio, Moreno Valley, Riverside

U-Haul Co. of San Bernardino (12 Stores)

(909) 885-4378

Participating store locations: Apple Valley, Barstow, Fontana, Ontario, Pomona, Redlands, Rialto, San Bernardino, Victorville

U-Haul Co. of San Fernando Valley (11 Stores)

(661) 298-8222

Participating store locations: Altadena, Burbank, Canyon Country, Glendale, Lancaster, Los Angeles, North Hollywood, Pasadena

U-Haul Co. of Van Nuys/San Luis Obispo (14 Stores)

(818) 988-7008

Participating store locations: Agoura Hills, Chatsworth, Lompoc, North Hills, Northridge, Oxnard, Panorama City, Santa Barbara, Santa Maria, Simi Valley, Van Nuys, Ventura

About U-HAUL

Founded in 1945, U-Haul is the No. 1 choice of do-it-yourself movers with more than 23,000 rental locations across all 50 states and 10 Canadian provinces. The U-Haul app makes it easy for customers to use U-Haul Truck Share 24/7 to access trucks anytime through the self-dispatch and -return options on their smartphones with our patented Live Verify technology. Our customers’ patronage has enabled the U-Haul fleet to grow to 192,000 trucks, 138,700 trailers and 39,500 towing devices. U-Haul is the third largest self-storage operator in North America with 1,024,000 rentable units and 88.5 million square feet of self-storage space at Company-owned and -managed facilities. U-Haul is the top retailer of propane in the U.S. and the largest installer of permanent trailer hitches in the automotive aftermarket industry. Get the U-Haul app from the App Store or Google Play.

Sydney Ellis

Jeff Lockridge

E-mail: [email protected]

Phone: 602-263-6981

Website: uhaul.com

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Other Philanthropy Commercial Building & Real Estate Construction & Property Family Philanthropy Consumer Other Consumer Residential Building & Real Estate

MEDIA:

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Posted on

Pinnacle Financial Partners Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call

Pinnacle Financial Partners Announces Dates for Fourth Quarter 2024 Earnings Release and Conference Call

NASHVILLE, Tenn.–(BUSINESS WIRE)–
Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its fourth quarter 2024 financial results on Tuesday, January 21, 2025, after market close. It will also host a live webcast on Wednesday, January 22, at 8:30 a.m. CST to review its financial results, business outlook for the firm and other matters. The fourth quarter 2024 earnings release will be available on the investor relations page of Pinnacle’s website at www.pnfp.com.

To access the call for audio only, please call 1-877-209-7255. For the presentation and streaming audio, please access the webcast on the investor relations page of Pinnacle’s website at www.pnfp.com. For those unable to participate in the webcast, it will be archived for 90 days following the presentation.

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2024 deposit data from the FDIC. Pinnacle is No. 11 on FORTUNE magazine’s 2024 list of 100 Best Companies to Work For® in the U.S., its eighth consecutive appearance and was recognized by American Banker as one of America’s Best Banks to Work For 12 years in a row and No. 1 among banks with more than $10 billion in assets in 2024.

The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $50.7 billion in assets as of September 30, 2024. As the second-largest bank holding company in Tennessee, Pinnacle operates in several primarily urban markets across the Southeast.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.

MEDIA CONTACT: Joe Bass, 615-743-8219

FINANCIAL CONTACT: Harold Carpenter, 615-744-3742

WEBSITE: www.pnfp.com

KEYWORDS: Tennessee United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Verizon offers relief to customers impacted by the Southern California Wildfires and Windstorm

Call/Text/Data usage incurred by customers in California’s hardest hit counties will be waived from Jan. 9- Jan. 18

What you need to know:

  • Verizon is waiving domestic call/text/data usage incurred Jan. 9 – Jan. 18 for prepaid and postpaid consumer and small business customers* in Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura counties
  • For prepaid customers in the same counties using
    Straight Talk, Tracfone, Total Wireless, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, and Page Plus
    , Verizon is extending service end dates to January 18, 2025

IRVINE, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) — In response to the devastating windstorm and wildfires across Southern California, Verizon is waiving prepaid and postpaid call/text/data usage incurred from January 9 – January 18, for California’s residents in Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura counties. This will bring relief to the thousands of consumer and small business customers* who rely on their mobile devices now more than ever.

Verizon’s prepaid brands, including Straight Talk, Tracfone, Total Wireless, Simple Mobile, Walmart Family Mobile, Net10, GoSmart, and Page Plus are extending service end dates to January 18, 2025 for customers in the impacted counties. Verizon will also waive domestic call, text, and data usage for Verizon Prepaid users on metered plans.

California:
Los Angeles San Bernardino
Orange San Diego
Riverside Ventura
   

Customers do not have to take any action for these usage charges to be waived and customers whose bill cycles have already closed will have such charges automatically credited back.

This offer extends to all postpaid consumer and Verizon Small Business customers in the affected counties. No action is needed— overages will be automatically credited.

Wildfire conditions and Public Safety Power Shutoffs in the Los Angeles area have caused service interruptions for some customers. Our engineers are working quickly and safely, coordinating with local public agencies to aggressively deploy portable generators and mitigate impacts for those customers affected across the area.

*Verizon small business customers include customers with 50 lines or less.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.0 billion in 2023. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:

Alexis Madrigal
[email protected]



Posted on

Viridien provides Full Year 2024 Financial Update

Paris (France), January 09, 2025, 17h45 CET

REVENUE AND EBITDA IN LINE WITH GUIDANCE

NET CASH FLOW 2024 OF
c.
$50M, ABOVE EXPECTATIONS

Sophie Zurquiyah,

CEO of Viridien, said

:

« 2024 was marked by the achievement of our goals set at the beginning of the year including the implementation of our ambitious financial roadmap.

We achieved EBITDA growth and net cash flow generation close to $50 million, exceeding our initial target of $30 million. Additionally, we repurchased $60 million of our own bonds, doubling our $30 million commitment. Our credit rating improved from S&P, and we extended our revolving credit facility in preparation for refinancing our debt.

These results were driven by the Data, Digital & Energy Transition (DDE) segment, with strong growth in Geoscience (GEO) activities and the launch of the significant Laconia project. This project enhances the value of the seismic data library of Earth Data (EDA) activities in the Gulf of Mexico.

The performance of DDE and the successful execution of the transformation plan for the Sensing & Monitoring (SMO) segment enable us to confidently reaffirm our target of generating around $100 million in net cash flow in 2025. »

Overview of 2024 Activity and Results, and 2025 Outlook

  • Revenue and EBITDA for the full year 2024 estimated slightly above $1,100 million and $430 million, respectively
  • Net cash generation of c.$50 million leading to a net debt (after IFRS 16) of c.$930 million

    • Net cash generation exceeding the initial target of c. $30 million due to earlier than expected client collection.
  • Delivering on our financial roadmap

    • Improved credit rating by Standard & Poor’s to B-.
      • $60 million of bond buy-back.
      • Revolving credit facility extended until October 2026 as part of preparation for the refinancing of the 2027 bonds.
  • 2025 net cash generation objective of c.$100 million reiterated

    • Continued strong activity in GEO, strong pipeline of projects and termination of the contractual fees from vessel commitment for EDA, and benefits of the SMO restructuring.
  • Full Year 2024 Results and conference call

    • Viridien will announce its fourth quarter 2024 and full year 2024 audited results on February 27, 2025, after market close.

About Viridien :

Viridien (

www.viridiengroup.com

) is an advanced technology, digital and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With our ingenuity, drive and deep curiosity we discover new insights, innovations, and solutions that efficiently and responsibly resolve complex natural resource, digital, energy transition and infrastructure challenges. Viridien employs around 3,500 people worldwide and is listed as VIRI on the Euronext Paris SA (ISIN: FR001400PVN6))


Contact:

VP Corporate Finance

Jean-Baptiste Roussille
[email protected]

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