Market Newsdesk

BOCA RATON, Fla., June 8, 2021 /PRNewswire/ — Service Finance Company, LLC and Sam’s Club today announced the launch of a new home services program, Sam’s Club Home Install Experts™ by Service Finance, that connects Sam’s Club members with highly-rated local home improvement contractors that have been vetted by Service Finance and enrolled as authorized Service Finance Dealers. Products and Services available through this program include HVAC, roofing, siding, window and door installation, bathroom renovations, kitchen renovations, as well as gutters and flooring products.

The relationship with Sam’s Club comes as Americans continue to invest in home renovation and improvement projects. Sam’s Club Home Install Experts™ by Service Finance takes the guesswork out of finding and securing a home improvement contractor with its simple online platform – giving Sam’s Club members the additional benefit of 10% Discount Off Everyday Dealer Pricing* with promotional financing available through Service Finance Dealers.

“It’s a privilege to work with Sam’s Club and help its members make intelligent decisions about investments in their homes,” said Mark Berch, President of Service Finance. “We take pride in doing the heavy lifting so that Sam’s Club members can take care of their home improvements with trusted Service Finance Dealers who can provide a financing option that works for them.”

Sam’s Club members can access Sam’s Club Home Install Experts™ by Service Finance through HomeInstallExperts.com or by calling 844-Savings. The program is available for Sam’s Club members in all states where Sam’s Clubs are located (excluding Hawaii and Puerto Rico). The process begins with the Sam’s Club member selecting the desired product and service and scheduling a free, no obligation consultation with the recommended Service Finance Dealer.

“We’re always looking for ways to deliver value, convenience and special experiences to our members, and our relationship with Service Finance will be a gamechanger,” said Kevin O’Connor, Senior Vice President and General Merchandising Manager, Sam’s Club. “With access to Service Finance’s network of reputable dealers, our members can have confidence knowing they’re not only getting additional value from their membership, but they’re also getting the reassurance of a trusted provider.”

About Service Finance Company
Service Finance Company, LLC (“SFC”) is a subsidiary of ECN Capital Corp. (TSX: ECN), a publicly traded vendor and finance company. SFC provides financing solutions which include promotional and standard installment terms for home improvement contractors enrolled in the SFC Financing Program. SFC is an FHA Title I Lender and is authorized to conduct business as a sales finance company and third-party servicer in all fifty states and the District of Columbia.

About Sam’s Club
Sam’s Club^®, a division of Walmart Inc. (NYSE: WMT), is a leading membership warehouse club offering superior products, savings and services to millions of members in nearly 600 clubs in the U.S. and Puerto Rico. Now in its 39th year, Sam’s Club continues to redefine warehouse shopping with its highly curated assortment of high-quality fresh food and Member’s Mark items, in addition to market leading technologies and services like Scan & Go, Curbside Pickup and home delivery service in select markets. To learn more about Sam’s Club, visit the Sam’s Club Newsroom, shop at SamsClub.com, and interact with Sam’s Club on Twitter, Facebook, TikTok and Instagram.

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SOURCE Service Finance Company, LLC

NEW YORK, June 8, 2021 /PRNewswire/ — BNY Mellon and Saphyre today announced the firms are working together to utilize AI technology to revolutionize the client experience and substantially automate and expedite client onboarding. This collaboration supports BNY Mellon’s OMNISM strategy to work with best-in-breed fintech organizations to innovate and support clients investment objectives.

Saphyre’s platform enables seamless communication between clients and priority stakeholders by augmenting traditional communication channels, such as email, fax and phone calls. This integration between the two organizations allows for more streamlined communication reducing fund launch time to market, enabling more efficient cross border trading and enhancing client experience.

“Time is a finite and precious commodity. BNY Mellon’s work with Saphyre aims to create true savings for our custody clients and truly expedite the client onboarding process. What once took days or weeks, is now near real time. This is yet another example of the digitization efforts BNY Mellon has undertaken in the past two years with a direct client benefit,” said Caroline Butler, Global Head of Custody at BNY Mellon.  

“Having BNY Mellon join the Saphyre endeavor is a great honor. By applying our patented technology to their leading asset servicing operations we’ve demonstrated the ability to intelligently pre-fill client custody packs, allow for digital signatures, auto-setup SWIFT Reporting, Trade Message Routing, and Corporate Action standing instruction – while intelligently and dynamically tracking market requirements and their respective document statuses. In a post-COVID world where AI and digital is paramount, BNY Mellon is fully seizing the innovation mandate,” said Gabino M. Roche, Jr., CEO and Founder at Saphyre.

To learn more about BNY Mellon’s and Saphyre’s collaboration, please join us at ENGAGE 21. Register here.

About BNY Mellon
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of March 31, 2021, BNY Mellon had $41.7 trillion in assets under custody and/or administration, and $2.2 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

About Saphyre, Inc.
Saphyre leverages patented AI technology to digitize all pre-trade activities across multilateral counterparties: asset owners, investment managers/hedge funds, broker-dealers, custodians/prime brokers. Saphyre’s platform maintains memory of data and documents, resulting in clients not having to search or resubmit information, and expedites flow in a digitally structured manner so that it can be consumed and understood by any permissioned counterparty in the finance industry. This allows firms not only to assess risk faster and clearly, but they can speed their onboarding processes and eliminate 70%-75% of redundant or inefficient post-trade activities.

Contacts:

Media:
Madelyn McHugh
+1 212 635 1376
[email protected]

Analysts:


Marius Merz

+1 212 298 1480
[email protected]

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SOURCE BNY Mellon

ATLANTA, June 8, 2021 /PRNewswire/ — LexisNexis® Risk Solutions today announced that it received the Judge’s Choice award for the Best Identity Verification/Authentication Solution from Card Not Present® at the 2021 CNP Awards. Card Not Present is an independent outlet dedicated to providing original news and information for and about companies operating in the card-not-present space, including e-commerce, media streaming, telecom, travel and gaming/gambling. LexisNexis Risk Solutions operates globally and works with companies of all sizes in these sectors, offering intelligent fraud and identity solutions that provide a seamless customer experience while fortifying against fraudulent activity.

Card Not Present’s judging panel includes five card-not-present fraud, risk and payments industry experts. The Best Identity Verification/Authentication Solution award honors the company that most effectively authenticates and verifies the identity of cardholders in a card-not-present environment through directory services, two-factor authentication, 3DSecure or other means.

“Identity verification sits at the very heart of digital commerce and fraud prevention. Merchants who take proactive steps to authenticate their users and implement powerful solutions spend more time making sales and less time chasing down chargebacks and fraud,” said D.J. Murphy, editor-in-chief of Card Not Present. “Congratulations to LexisNexis Risk Solutions for their leadership in this area and for winning a Judges Choice award for the second consecutive year – this time in the Best Identity Verification/Authentication category.”

LexisNexis Risk Solutions identity and authentication solutions incorporate in-person, remote and mobile identity document capture and authentication with biometric, identity verification and device/digital/behavioral risk assessment. The company’s comprehensive fraud and identity solution suite transforms data insights into actionable decisions to provide a holistic view of an identity for enhanced risk assessment and a positive consumer journey regardless of time of day or touchpoint.

“Fraud has only grown in complexity and organizations need a trusted partner with years of experience and consultative wisdom to develop risk-based verification and authentication workflows that work across channels and regions,” said Kimberly Sutherland, vice president, fraud and identity strategy for LexisNexis Risk Solutions. “Our solutions turn data and signals into actionable decisions, which sets us apart from others. We empower businesses with the ability to confidently validate and authenticate a consumer’s true identity using comprehensive intelligence while also strengthening identity trust between the business and consumer.”

Visit the company’s website to learn more about its identity verification and authentication capabilities.

About LexisNexis Risk Solutions 
LexisNexis Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information and analytics for professional and business customers. For more information, please visit www.risk.lexisnexis.com and www.relx.com.

Media Contacts:
Marcy Theobald                  
LexisNexis® Risk Solutions  
678.694.6681   
[email protected]  

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SOURCE LexisNexis Risk Solutions

LUXEMBOURG, June 8, 2021 /PRNewswire/ — Ardagh Metal Packaging S.A. will participate in the Deutsche Bank Global Basic Materials Conference, on Thursday, June 10, 2021.

To listen to the presentation via live webcast (9.00 a.m. ET) please use the following link:

https://onlinexperiences.com/scripts/Server.nxp?LASCmd=AI:4;F:QS!10100&ShowUUID=ECA84BC1-19BD-4F21-A5A3-9D3ECC149648&GroupID=Public

A replay of the presentation will be available through this link.

About Ardagh Metal Packaging

Ardagh Metal Packaging is a leading supplier of sustainable and infinitely-recyclable beverage cans globally. Ardagh Metal Packaging operates 23 production facilities in the Americas and Europe, employs approximately 4,900 people and recorded revenues of $3.5 billion in 2020.

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SOURCE Ardagh Group S.A.

DUBLIN and Memphis, Tenn., June 8, 2021 /PRNewswire/ — Navitas Semiconductor (“the Company” or “Navitas”), the industry leader in GaN Power ICs, and Live Oak Acquisition Corp. II (NYSE: LOKB) (“Live Oak II” or “LOKB”), a blank check company, today announced that Live Oak II has filed with the U.S. Securities and Exchange Commission (“SEC”) a registration statement on Form S-4 (the “Registration Statement”), which contains a preliminary proxy statement/prospectus, in connection with the proposed business combination between Live Oak II and Navitas announced on May 7, 2021. While the Registration Statement has not yet become effective and the information contained therein is subject to change, it provides important information about Navitas, Live Oak II, and the proposed business combination.

Live Oak’s Class A common stock is currently traded on NYSE under the tickers “LOKB,”  “LOKB.U,” and LOKB WS,” respectively. In connection with the closing of the transaction, Live Oak’s Class A common stock will be listed under the new ticker symbol “NVTS”. Completion of the transaction, which is expected in the third quarter of 2021, is subject to approval by Navitas’ and Live Oak’s respective stockholders, the Registration Statement being declared effective by the SEC and other customary closing conditions.

A link to the filing is available under the “SEC Filings” section of the Navitas website at www.navitassemi.com/sec-filings/ . The filing can also be viewed on the SEC’s website at www.sec.gov.

About Navitas
Navitas is the industry leader in gallium nitride (GaN) power ICs, founded in 2014. Navitas has a strong and growing team of power semiconductor industry experts with a combined 300 years of experience in materials, devices, applications, systems and marketing, plus a proven record of innovation with over 200 patents among its founders. GaN power ICs integrate GaN power with drive, control and protection to enable faster charging, higher power density and greater energy savings for mobile, consumer, enterprise, eMobility and new energy markets. Over 120 Navitas patents are issued or pending, and over 20 million GaNFast power ICs have been shipped with zero reported field failures.

About Live Oak Acquisition Corp. II
Live Oak II raised $253 million in December 2020, and its units, Class A common stock and warrants are listed on the NYSE under the tickers “LOKB.U,” “LOKB” and LOKB WS,” respectively. Live Oak II is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Live Oak II is led by an experienced team of managers, operators and investors who have played important roles in helping build and grow profitable public and private businesses, both organically and through acquisitions, to create value for stockholders. The team has experience operating and investing in a wide range of industries, bringing a diversity of experiences as well as valuable expertise and perspective.

Cautionary Statement Regarding Forward Looking Statements
The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the proposed transaction, the ability of the parties to consummate the transaction, the benefits of the transaction and the combined company’s future financial performance, as well as the combined company’s strategy, future operations, estimated financial position, estimated revenues and losses, projections of market opportunity and market share, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this press release, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “plan,” “seek,” “expect,” “project,” “forecast,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.

Live Oak II and Navitas caution you that the forward-looking statements contained in this press release are subject to numerous risks and uncertainties, including the possibility that the expected growth of Navitas’ business will not be realized, or will not be realized within the expected time period, due to, among other things: (i) Navitas’ goals and strategies, future business development, financial condition and results of operations; (ii) Navitas’ customer relationships and ability to retain and expand these customer relationships; (iii) Navitas’ ability to accurately predict future revenues for the purpose of appropriately budgeting and adjusting Navitas’ expenses; (iv) Navitas’ ability to diversify its customer base and develop relationships in new markets; (v) the level of demand in Navitas’ customers’ end markets; (vi) Navitas’ ability to attract, train and retain key qualified personnel; (vii) changes in trade policies, including the imposition of tariffs; (viii) the impact of the COVID-19 pandemic on Navitas’ business, results of operations and financial condition; (ix) the impact of the COVID-19 pandemic on the global economy; (x) the ability of Navitas to maintain compliance with certain U.S. Government contracting requirements; (xi) regulatory developments in the United States and foreign countries; and (xii) Navitas’ ability to protect its intellectual property rights. Forward-looking statements are also subject to additional risks and uncertainties, including (i) changes in domestic and foreign business, market, financial, political and legal conditions; (ii) the inability of the parties to successfully or timely consummate the proposed transaction, including the risk that any required regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions that could adversely affect the combined company or the expected benefits of the proposed transaction or that the approval of the stockholders of Live Oak II is not obtained; (iii) the outcome of any legal proceedings that may be instituted against Live Oak II or Navitas following announcement of the proposed transaction; (iv) the risk that the proposed transaction disrupts Live Oak II’s or Navitas’ current plans and operations as a result of the announcement of the proposed transaction; (v) costs related to the proposed transaction; (vi) failure to realize the anticipated benefits of the proposed transaction; (vii) risks relating to the uncertainty of the projected financial information with respect to Navitas; (viii) risks related to the rollout of Navitas’ business and the timing of expected business milestones; (ix) the effects of competition on Navitas’ business; (x) the amount of redemption requests made by Live Oak II’s public stockholders; (xi) the ability of Live Oak II or the combined company to issue equity or equity-linked securities in connection with the proposed transaction or in the future; and (xii) those factors discussed in Live Oak II’s final prospectus filed with the Securities and Exchange Commission (the “SEC”) on December 4, 2020 under the heading “Risk Factors” and other documents of Live Oak II filed, or to be filed, with the SEC.

If any of the risks described above materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by our forward-looking statements. There may be additional risks that neither Live Oak II nor Navitas presently know or that Live Oak II and Navitas currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Live Oak II’s and Navitas’ expectations, plans or forecasts of future events and views as of the date of this press release. Live Oak II and Navitas anticipate that subsequent events and

developments will cause Live Oak II’s and Navitas’ assessments to change. However, while Live Oak II and Navitas may elect to update these forward-looking statements at some point in the future, Live Oak II and Navitas specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Live Oak II’s and Navitas’ assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Important Information and Where to Find It
In connection with the proposed transaction, Live Oak II has filed a registration statement on Form S-4 (the “Registration Statement”) with the SEC, which includes a proxy statement/prospectus of Live Oak II. Live Oak II also plans to file other documents and relevant materials with the SEC regarding the proposed transaction. After the Registration Statement has been cleared by the SEC, a definitive proxy statement/prospectus will be mailed to the stockholders of Live Oak II. SECURITYHOLDERS OF LIVE OAK II AND NAVITAS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS (INCLUDING ALL AMENDMENTS AND SUPPLEMENTS THERETO) AND OTHER DOCUMENTS AND RELEVANT MATERIALS RELATING TO THE PROPOSED TRANSACTION THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BEFORE MAKING ANY VOTING DECISION WITH RESPECT TO THE PROPOSED TRANSACTION BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND THE PARTIES TO THE PROPOSED TRANSACTION. Stockholders will be able to obtain free copies of the proxy statement/prospectus and other documents containing important information about Live Oak II and Navitas once such documents are filed with the SEC through the website maintained by the SEC at http://www.sec.gov. 

Participants in the Solicitation
Live Oak II and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Live Oak II in connection with the proposed transaction. Navitas and its officers and directors may also be deemed participants in such solicitation. Securityholders may obtain more detailed information regarding the names, affiliations and interests of certain of Live Oak II’s executive officers and directors in the solicitation by reading Live Oak II’s Annual Report on Form 10-K filed with the SEC on March 25, 2021 and the proxy statement/prospectus and other relevant materials filed with the SEC in connection with the proposed transaction when they become available. Information concerning the interests of Live Oak II’s participants in the solicitation, which may, in some cases, be different than those of Live Oak II’s stockholders generally, will be set forth in the proxy statement/prospectus relating to the proposed transaction when it becomes available.

Contact Information

For Navitas

Media

Graham Robertson, CMO Grand Bridges
[email protected]

Investors

Stephen Oliver, VP Corporate Marketing & Investor Relations
[email protected]

For Live Oak II

Adam J. Fishman, COO
[email protected]

Navitas Semiconductor and the Navitas logo are trademarks or registered trademarks of Navitas Semiconductor, Ltd. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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SOURCE Navitas Semiconductor

MILWAUKEE, June 8, 2021 /PRNewswire/ — The great rehiring is beginning in the U.S. with more than 7,300 employers reporting the most optimistic outlooks since 2000 for the three months ahead, according to the latest ManpowerGroup Employment Outlook Survey (NYSE: MAN).

Employers in all 12 U.S. industries report positive outlooks, with the strongest hiring activity forecast for Leisure & Hospitality (+41%), Wholesale & Retail Trade (+29%), Education & Health Services (+27%), Transportation & Utilities (+26%), and both Durable and Nondurable Goods Manufacturing (+25%). The strongest hiring outlooks are reported in Delaware (+43%), Utah (+40%), Virginia (+39%), North Carolina (+37%), and Michigan (+36%); weakest in Wyoming (+12%), Puerto Rico (+16%), Alabama and the District of Columbia (both +18%).

As hiring picks up talent supply remains muted. COVID-19 has created the biggest workforce shift and reallocation of in-demand skills since WWII – almost half of employers reported difficulty filling roles in operations & logistics and nearly a quarter (23%) reported the same for manufacturing and production roles. There is rising demand too for relevant soft skills with resilience, collaboration, critical thinking & analysis the most sought after from employers across all sectors.

“Employers are ready to welcome their workers back as restrictions lift and America prepares for the New Next while in real life connections resume,” said Becky Frankiewicz ManpowerGroup President, North America. “Yet childcare challenges, health concerns and competition mean demand still outstrips supply which is dampening the ‘big return’ of the American workforce. It’s a worker’s market and employees are acting like consumers in how they are consuming work – seeking flexibility, competitive pay and fast decisions. Now is the time for employers to get creative to attract talent – and to hold onto the workers they have with both hands.”

View the complete Q3 2021 U.S. survey results: ManpowerGroupUSA.com/meos  

U.S. Hiring Plans by Industry Sectors, Regions, Metro Areas and States

• Employers in all 12 U.S. industry sectors expect to add workers during the upcoming quarter, with outlooks improving when compared with both the prior quarter and the same period last year: Leisure & Hospitality (+41%), Wholesale & Retail Trade (+29%), Education & Health Services (+27%), Transportation & Utilities (+26%), Durable Goods Manufacturing (+25%), Nondurable Goods Manufacturing (+25%), Professional & Business Services (+21%), Construction (+19%), Information (+18%), Other Services (+16%), Financial Activities (+15%), and Government (+15%).
• Employers in all four U.S. regions report positive hiring plans for the next three months. The Northeast and South both report outlooks of +26%, with the Midwest reporting an outlook of +24% and the West reporting an outlook of 23%.
• Employers in Delaware (+43%), Utah (+40%), Virginia (+39%), North Carolina (+37%) and Michigan (+36%) report the strongest outlooks nationwide. Of the 100 largest metropolitan statistical areas, the strongest outlooks are expected Deltona–Daytona Beach–Ormond Beach, FL (+54%), Fresno, CA (+46%), Salt Lake City, UT (+46%), Baltimore–Towson, MD (+44%), Provo–Orem, UT (+44%) and New Haven–Milford, CT (+43%).  

To view complete results for the ManpowerGroup Employment Outlook Survey, visit: www.manpowergroup.com/meos. The report is the latest in ManpowerGroup’s Future for Workers insight series following The Skills Revolution Reboot on the impact of COVID-19 on digitization and skills and The Future for Workers, By Workers. The next survey will be released September 14, 2021 and will report hiring expectations for Q4 2021.  

ABOUT THE SURVEY 
The Employment Outlook Survey – conducted in April 2021 – is the most comprehensive, forward-looking employment survey of its kind, used globally as a key economic indicator. The Net Employment Outlook is derived by taking the percentage of employers anticipating an increase in hiring activity and subtracting from this the percentage of employers expecting a decrease in hiring activity. Seasonal adjustments have been applied for countries and territories that have accumulated at least 17 quarters of data, Croatia being the exception. ManpowerGroup intends to add seasonal adjustments to the data for Croatia in the future, as more historical data is compiled. 

ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the leading global workforce solutions company, helps organizations transform in a fast-changing world of work by sourcing, assessing, developing and managing the talent that enables them to win. We develop innovative solutions for hundreds of thousands of organizations every year, providing them with skilled talent while finding meaningful, sustainable employment for millions of people across a wide range of industries and skills. Our expert family of brands – Manpower, Experis and Talent Solutions – creates substantially more value for candidates and clients across more than 75 countries and territories and has done so for over 70 years. We are recognized consistently for our diversity – as a best place to work for Women, Inclusion, Equality and Disability and in 2021 ManpowerGroup was named one of the World’s Most Ethical Companies for the 12th year – all confirming our position as the brand of choice for in-demand talent.

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SOURCE ManpowerGroup

SAN JOSE, Calif., June 8, 2021 /PRNewswire/ — Maxim Integrated Products, Inc. (NASDAQ: MXIM) today expands the MAXSafe™ Technology line with the MAX22530, an isolated, field-side self-powered 12-bit system monitor. Featuring 4 channels, the MAX22530 provides isolated system monitoring to improve accuracy 50x and to reduce solution size by 40 percent by integrating five components into a single IC.

• To order MAX22530 or learn more, visit http://bit.ly/MAX22530_Product
• For a hi-res image, visit http://bit.ly/MAX22530_Image
• To learn more about MAXSafe isolated micropower and communications solutions and the complete portfolio, visit http://bit.ly/MAXSafe_Technology

Automation system designers continually seek ways to save board space, increase channel density and improve the accuracy of monitoring voltage and current inputs, so operators can monitor the system with finer precision and reduce system downtimes. The MAX22530 delivers a 50x improvement in monitoring measurement accuracy (from +/- 50 percent to just +/- 1 percent) compared to the standard linear optocoupler isolation solutions made from discretes. It uses Maxim’s unique integrated isolation technology that combines a 12-bit ADC, a DC-DC converter, user-settable threshold detection levels and chip-level diagnostic capabilities. This combination enables 50x greater stability in current transfer ratio performance to achieve an ultra-stable sense resistor voltage.

By achieving better measurement accuracy across four voltage and current inputs, the MAX22530 allows end users make better real-time decisions to improve system performance and enhance productivity. The integration also allows a 250mm² solution size, which is 40% smaller that the 420mm² size for the closest competitive discrete solution.

The MAX22530 is the latest addition to Maxim’s portfolio of MAXSafe products. MAXSafe products combine integrated and isolated micropower DC-DC converters and communications lines. They are used to power up field circuits that are isolated from the control-side power source while simplifying diagnostics in signal monitoring applications.

Key Advantages

• Design Simplicity: Integrates five ICs into one 12-bit ADC to ease system design
• Reduced Size: Compact design reduces solution size 40 percent and provides 43 percent higher channel density
• Higher Accuracy: 50 times greater accuracy

Commentary

• “Our new MAX22530 isolated system monitoring solution simplifies the integration of this function in our customer systems and provides improved system monitoring accuracy of voltage and current inputs that result in better real-time decision-making to extend system productivity,” said Suravi Karmacharya, senior business manager for the Industrial and Healthcare Business Unit at Maxim Integrated.

Availability and Pricing

• The MAX22530 is available at Maxim Integrated’s website for $4.85 (1000-up, FOB USA); also available from authorized distributors
• The MAX22530EVKIT# evaluation kit is available for $68

All trademarks are the property of their respective owners.

About Maxim Integrated
Maxim Integrated, an engineer’s engineering company, exists to solve the designer’s toughest problems in order to empower design innovation. Our broad portfolio of high-performance semiconductors, combined with world-class tools and support, delivers essential analog solutions including efficient power, precision measurement, reliable connectivity and robust protection along with intelligent processing. Designers in application areas such as automotive, communications, consumer, data center, healthcare, industrial and IoT trust Maxim to help them quickly develop smaller, smarter and more secure designs. Learn more at https://www.maximintegrated.com. 

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SOURCE Maxim Integrated Products, Inc.

SEATTLE, June 8, 2021 /PRNewswire/ — Americans who made out-of-town moves last year typically paid less money for larger houses, according to a new Zillow® analysis of moving data from northAmerican® Van Lines.

That’s a sharp break from the trend in recent years. The housing market’s impressive strength in 2020 paired with a newfound motivation to move helped sellers cash in on quickly rising home values to find places that better suit their needs — namely, bigger homes in less-expensive areas.

Movers went to ZIP codes where sold homes are 33 square feet larger on average than where they came from — roughly the size of a walk-in closet or extra bathroom. This was a significant jump from the 9-to 21-square foot step-up movers have taken in recent years.

“The ability to sell in a relatively expensive market and relocate somewhere more affordable — either to save money or get more bang for their buck with a larger property — was extremely attractive to movers,” said Jeff Tucker, senior economist at Zillow. 

Zillow’s recent Mover Report found the top metros for net in-migration, with more people moving in than out, are sunny and relatively affordable. Phoenix, Charlotte and Austin led the U.S. in terms of net in-migration. 

Taken as a whole, the findings are evidence of the Great Reshuffling at work. Up until March 2020, workers were largely locked to locations within a bearable commute of their workplace. When the pandemic hit, many began working remotely — spending a lot more time at home and thinking about where, and how, they want to live. A larger house with an office or chef’s kitchen, or a home with lower monthly payments in sunny Arizona, became extremely alluring.

All the while, interest rates kept dropping, adding fuel to a scorching-hot housing market and boosting shoppers’ buying power. Home appreciation was supercharged in 2020 by massive demand and limited supply, driving typical home values up 8.4% ($20,716) over the course of 2020, compared with 3.7% growth ($8,791) in 2019. 

Tucker said the trend could contribute to convergence in home prices, as people move away from the priciest cities and toward more affordable ones, which will tend to cause prices to rise in their destinations. It may also spread out some of the consumer spending, tax revenues and job growth that have been increasingly concentrated in “superstar cities” over the last few decades. Home values are rising fastest in places like Austin and Phoenix, and most slowly in San Francisco, which led the U.S. in appreciation as recently as 2016.

Nationwide, the average home value in ZIP codes people moved from was about $419,000, compared to an average home value in destination ZIP codes of about $392,000. This means the average mover was sliding down the price ladder by about $27,000. When movers relocated in 2019, average home values in their destinations were only about $3,400 less than where they started. 

The trend in 2020 to move to more affordable places than in years past was seen across nearly every type of move between urban, suburban and rural areas. People leaving urban ZIP codes moved to areas that were $66,000 cheaper in 2020, versus an average of about $26,000 cheaper in the previous four years. Those leaving suburban ZIPs moved about $23,000 down the price ladder, compared to an average decrease of just over $500 the previous four years.

Even those leaving rural areas for urban or suburban areas, where prices are higher, only moved up the price ladder by about $31,000 this year as opposed to roughly $41,000 in recent years.

“We have felt the impact of this supercharged market since the second half of 2020.  These migration patterns are challenging the moving industry to provide capacity in the right places.  As you would expect, we end up with a lot of trucks in the low-cost areas where people are moving to, and fewer trucks in the high-cost areas where demand is high,” said Kevin Murphy, Vice President and General Manager of northAmerican Van Lines. “It is more important than ever to make sure you have a reliable partner helping you with your move.”  

Migration to less urban areas picked up slightly in 2020 compared to 2019, while moves to more dense locations ticked down — which is not to say that early pandemic fears of an urban exodus have been borne out. The number of households that moved out of urban areas did not significantly rise in 2020. Beyond that, Zillow’s Urban-Suburban report found that despite some early pandemic-era narratives, suburban housing markets did not disproportionately strengthen in 2020 at the expense of urban areas. 

The biggest decrease in share of moves between area classes was from suburban to urban, which fell 1.5% year over year. The largest increase was seen in suburban to rural moves, which increased by 1.2% on the year. 

San Jose saw the most extreme changes in average home value for both those moving to and from ZIP codes within the metro, followed by San Francisco and Los Angeles. Those moving out of San Jose went to a ZIP with average home values nearly $1.2 million lower, while those moving in saw houses worth about $1.4 million more than where they came from. 

Moving on Up – Americans’ Preferences for Larger Homes, 2016-2020

Methodology: For every move in the interstate moves dataset shared with Zillow, Zillow compared the ZHVI in the origin and destination ZIP codes on the month of the move’s load date, and computed the mean change by year. Only moves with valid origin and destination ZHVI computed this way were considered for the calculation of ZHVI change. For square footage, we computed the median square footage of each home sold in a ZIP code in the year of the move’s load date, and only included moves with both a valid origin and destination median square footage. The change in median square footage for each move was then aggregated up to an average change in house size. Moving data was based on SIRVA/North American Van Lines data for the first 11 months of 2020. 

About
 Zillow Group
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make it easier to unlock life’s next chapter. 

As the most-visited real estate website in the United States, Zillow® and its affiliates offer customers an on-demand experience for selling, buying, renting or financing with transparency and nearly seamless end-to-end service. Zillow Offers® buys and sells homes directly in dozens of markets across the country, allowing sellers control over their timeline. Zillow Home Loans™, our affiliate lender, provides our customers with an easy option to get pre-approved and secure financing for their next home purchase. Zillow recently launched Zillow Homes, Inc., a licensed brokerage entity, to streamline Zillow Offers transactions.  

Zillow Group’s brands, affiliates and subsidiaries include Zillow®, Zillow Offers®, Zillow Premier Agent®, Zillow Home Loans™, Zillow Closing Services™, Zillow Homes, Inc., Trulia®, Out East®, StreetEasy® and HotPads®. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). 

About North American Van Lines, Inc.
With over 300 agents throughout the U.S. and Canada, North American Van Lines, Inc., established in 1933, is a leader in providing specialized transit services and high quality, personalized household goods moving services to consumers, corporations, military personnel and governments. North American, based in Fort Wayne, IN, is a wholly-owned subsidiary of SIRVA Inc., a leader in providing relocation solutions to a well- established and diverse customer base around the world. Information on North American Van Lines (U.S. DOT No. 070851) can be found on the Internet at www.northamerican.com.

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SOURCE Zillow

BEVERLY HILLS, Calif., June 8, 2021 /PRNewswire/ — GT Biopharma, Inc. (“GT Biopharma” or the “Company”) (NASDAQ: GTBP), a clinical stage immuno-oncology company focused on developing innovative therapeutics based on the Company’s proprietary natural killer (NK) cell engager (TriKE™) protein biologic technology platform, today announced that it is set to be added to the Russell 2000^® Index at the conclusion of the Russell US Indexes annual reconstitution, effective at the opening of the U.S. equity markets on June 28, 2021.

“Our inclusion in the Russell index is an important milestone for us as it reflects the continued progress we are making to develop and commercialize our first-in-class therapeutics. We welcome the enhanced visibility of our long-term growth potential and look forward to sharing our future milestones with a broader investment community,” said Anthony J. Cataldo, GT Biopharma’s Chairman and Chief Executive Officer

FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Membership in the small-cap Russell 2000^® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000^Ò Index.

Russell’s U.S. indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell’s U.S. indexes. Russell Indexes are part of FTSE Russell, a leading global index provider.

For more information about the Russell U.S. Indexes and the Russell Indexes reconstitution, visit the FTSE Russell website.

About GT Biopharma, Inc.
GT Biopharma, Inc. is a clinical stage biopharmaceutical company focused on the development and commercialization of immuno-oncology therapeutic products based on our proprietary TriKE™ NK cell engager platform.  Our TriKE™ platform is designed to harness and enhance the cancer killing abilities of a patient’s immune system’s natural killer cells (NK cells).  GT Biopharma has an exclusive worldwide license agreement with the University of Minnesota to further develop and commercialize therapies using TriKE™ technology. For more information, please visit gtbiopharma.com.

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SOURCE GT Biopharma, Inc.