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Industry-Renowned Wealth Team Joins Old National to Lead Investment Management and High-Net-Worth Services

Industry-Renowned Wealth Team Joins Old National to Lead Investment Management and High-Net-Worth Services

EVANSVILLE, Ind.–(BUSINESS WIRE)–
Old National Bank (ONB) is thrilled to announce the hiring of three executives who will lead the Wealth Group’s Investment Management and High-Net-Worth services, including portfolio management, investment research, HNW advisory and institutional wealth management services. Jim Steiner, Joe Colianni and Eric Holman will lead Wealth Management practices aimed at providing a truly customized, personalized and intimate client service relationship driven by a holistic suite of services.

The executive trio spent the past decade overseeing Abbot Downing, a Wells Fargo business centered on ultra-high-net-worth clients, which Steiner spearheaded and led since its inception in 2011. From 2011 to 2020, Abbot Downing grew from $26 billion in assets under management to $48 billion.

“The addition of this dynamic team is a crucial milestone in Old National’s vision to build and expand upon the strong foundation of our Wealth Management services. Clients will experience a refined, holistic and consultative approach to how we help them manage their financial needs and aspirations. This includes financial planning, investment management, trust and estate services, and private banking,” said Chady AlAhmar, Old National’s Wealth CEO. “We are ecstatic to welcome these proven leaders to our team and eager to further develop a platform that enables them to continue to do what they do best – delight and exceed the expectations of clients.”

“Three of the very best in wealth management are joining our organization as a team. It isn’t every day you can say that,” added Old National’s Chairman and CEO Jim Ryan. “As we look to expand our High-Net-Worth and institutional services with these experts at the helm, I’m confident we will be able to bring the intimate, highly customized approach to wealth management that defined Abbot Downing to an even broader group of individuals and businesses.”

The addition of Steiner, Colianni and Holman signals a geographic expansion of Old National’s approach to Wealth Management. Steiner and Colianni will spend a significant amount of time operating out of a recently established Scottsdale, Arizona office to better serve the growing number of clients in that area.

Jim Steiner will become the Chief Investment Officer and President of a to-be-established RIA, reporting directly to AlAhmar. Steiner integrated Lowry Hill Investment Advisors and Wells Fargo Family Wealth in 2011 to create Abbot Downing and served as President of Abbot Downing through 2020. With 23 years of investment and wealth management experience, he will lead Old National’s investment strategy and wealth management services for businesses and nonprofits and oversee team members who support client asset portfolios.

“With its reputation as a leader in ethics and strong commitment to holistic, consultative client service, Old National represents the perfect fit for our team,” said Steiner.

Colianni added that the team is looking forward to “collaborating with Old National leadership to define and implement a strategy for continued growth of the high-net-worth division.”

Colianni joined Wells Fargo in 2001 and was instrumental in leading the integration of the legacy private banking groups into Abbot Downing’s private banking group. He served as Executive Vice President & Head of Private Banking for eight years at Abbot Downing and will become President of Old National’s High Net Worth Advisory. Colianni will report to AlAhmar and lead a tenured team of high-net-worth wealth advisors located throughout Old National’s current five-state footprint.

Eric Holman will serve as Director of Risk Management and report to Steiner. He served as Abbot Downing’s Chief Risk Officer from 2015 through 2020, where he was responsible for oversight and monitoring of frontline risk activities and project goals. He will assume this same function with Old National. Prior to Abbot Downing, he served as Chief Compliance Officer for Lowry Hill Investment Advisors.

ABOUT OLD NATIONAL

Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, is the largest bank holding company headquartered in Indiana. With $23.7 billion in assets, it ranks among the top 100 banking companies in the U.S. and hasbeen recognized as a World’s Most Ethical Company by the Ethisphere Institute for 10 consecutive years. Since its founding in Evansville in 1834, Old National Bank has focused on community banking by building long-term, highly valued partnerships and keeping our clients at the center of all we do. This is an approach to business that we call TheONB Way. Today, Old National’s footprint includes Indiana, Kentucky, Michigan, Minnesota and Wisconsin. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investment and capital market services. For more information and financial data, please visit Investor Relations at oldnational.com.

Media Contact:

Kathy Schoettlin/

ONB Spokesperson

812-465-7269

812-319-2711

KEYWORDS: United States North America Indiana

INDUSTRY KEYWORDS: Banking Professional Services Finance

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Almaden Announces Commencement of Prospect Drilling at Ixtaca

VANCOUVER, British Columbia, July 27, 2021 (GLOBE NEWSWIRE) — Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) is pleased to report that it has commenced drilling at the Ixtaca property in Puebla State, Mexico.

Drilling will take a phased approach and will initially focus on targets established at the Southeast Alteration Zone (“SE Alteration Zone”), located approximately one kilometre from the Ixtaca deposit area (See Figure 1).

Work over the past several months at the SE Alteration Zone has included geophysics and geological mapping. As reported in the Fall of 2020, this area measures about 1.5 kilometres (km) east-west by 1 km north-south, and is centred approximately 1 km southeast of the Ixtaca deposit.

The SE Alteration Zone comprises argillic (clay-altered) volcanics and, most interestingly, clusters of anomalies identified from a hyperspectral survey that include the spectral signatures of important epithermal alteration minerals such as kaolinite, alunite and buddingtonite.

In November, 2020, the Company announced the discovery of several areas of veining cropping out within the SE Alteration Zone, and seventeen samples of the veining were collected and submitted for analysis to ALS Global in Zacatecas, Mexico. All but one sample returned below detection gold and silver, with the exception returning a value of 62 ppb gold. However, even though the outcrops are leached and weathered, many of the samples also returned elevated values of epithermal pathfinder elements which are commonly found in the higher parts of epithermal alteration zones. The presence of pathfinder elements in these samples is very encouraging as it corroborates the Company view that the SE Alteration Zone could represent the higher levels of a potential underlying epithermal system. It is quite typical that the higher parts of these systems contain negligible precious metals values.

The SE Alteration Zone lies outside of the current Ixtaca deposit resource area, which was the focus of a Feasibility Study (results of which were announced by the Company in December, 2018). A report titled “Ixtaca Gold-Silver Project, Puebla State, Mexico NI 43-101 Technical Report on the Feasibility Study”, which was prepared in accordance with NI 43-101, is available under the Company’s profile on SEDAR and on the Company’s website.

J. Duane Poliquin, Chairman of Almaden, stated, “The original Ixtaca discovery was made through clever geologic assembly of published information and on-the-ground observation of field data. This has resulted in the discovery of an economic gold-silver deposit as outlined in the Feasibility Study, with evidence (geologic, geochemical, geophysical) for the possibility of a similar deposit, as well as the possibility of deeper precious/base metal deposit(s). It is very exciting to return to prospect drilling of some of the blue sky targets that have been identified on this property.”

All work conducted as part of this program will be conducted in strict accordance with COVID-19 safety protocols, to ensure the safety of employees and local communities, employing local people wherever possible.

Norm Dircks, P.Geo., is a Qualified Person as defined by National Instrument 43-101 (“NI 43-101”) and has reviewed and approved the technical contents of this news release.

About Almaden

Almaden Minerals Ltd. owns 100% of the Ixtaca project in Puebla State, Mexico, subject to a 2.0% NSR royalty held by Almadex Minerals Ltd. The Ixtaca deposit hosts a proven and probable reserve containing 1.38 million ounces of gold and 85.1 million ounces of silver (73.1 million tonnes grading 0.59 g/t Au and 36.3 g/t Ag). A report titled “Ixtaca Gold-Silver Project, Puebla State, Mexico NI 43-101 Technical Report on the Feasibility Study”, which was prepared in accordance with NI 43-101, is available under the Company’s profile on SEDAR and on the Company’s website. The Ixtaca Gold-Silver Deposit was discovered by Almaden in 2010.

On Behalf of the Board of Directors,


“J. Duane Poliquin”


J. Duane Poliquin, P. Eng
Chairman
Almaden Minerals Ltd.


Forward Looking Statements

Certain of the statements and information in this news release constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian provincial securities laws. All statements, other than statements of historical fact, are forward-looking statements or information. Forward-looking statements or information in this news release relate to, among other things: the outcome or nature of any exploration programs at Ixtaca, and the ability of the Company to comply with COVID-19 related health protocols.

These forward-looking statements and information reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions, including assumptions in respect of both Almaden’s and the applicable Mexican Authorities’ legal positions, that, while considered reasonable by the Company, are inherently subject to significant legal, regulatory, business, operational and economic uncertainties and contingencies, and such uncertainty generally increases with longer-term forecasts and outlook. These assumptions include: stability and predictability in Mexico’s mineral tenure, mining, environmental and agrarian laws and regulations, as well as their application and judicial decisions thereon; continued respect for the rule of law in Mexico; prices for gold, silver and base metals remaining as estimated; currency exchange rates remaining as estimated; availability of funds; capital, decommissioning and reclamation estimates; mineral reserve and resource estimates; prices for energy inputs, labour, materials, supplies and services (including transportation); no labour-related disruptions; all necessary permits, licenses and regulatory approvals being received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; community support in the Ixtaca Project; and the ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.

The Company cautions the reader that forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements or information contained in this news release. Such risks and other factors include, among others, risks related to: political risk in Mexico; crime and violence in Mexico; corruption; environmental risks, including environmental matters under Mexican laws and regulations; impact of environmental impact assessment requirements on the Company’s planned exploration and development activities on the Ixtaca Project; certainty of mineral title and the outcome of litigation; community relations; governmental regulations and the ability to obtain necessary licences and permits; risks related to mineral properties being subject to prior unregistered agreements, transfers or claims and other defects in title; changes in mining, environmental or agrarian laws and regulations and changes in the application of standards pursuant to existing laws and regulations which may increase costs of doing business and restrict operations; as well as those factors discussed the section entitled “Risk Factors” in Almaden’s Annual Information Form and Almaden’s latest Form 20-F on file with the United States Securities and Exchange Commission in Washington, D.C. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that our forward-looking statements or information will prove to be accurate. Accordingly, readers should not place undue reliance on forward-looking statements or information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to on forward-looking statements or information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact Information:

Almaden Minerals Ltd.
Tel. 604.689.7644
Email: [email protected]
http://www.almadenminerals.com/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1b9c94e2-9d4b-4f38-88fe-df8a493a99bc



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Accenture to Acquire HRC Retail Advisory to Expand Retail Strategy Capabilities

Accenture to Acquire HRC Retail Advisory to Expand Retail Strategy Capabilities

CHICAGO–(BUSINESS WIRE)–
Accenture (NYSE: ACN) has entered into an agreement to acquire HRC Retail Advisory, a retail-focused strategy consultancy with critical in-demand skills and solutions to help clients across the retail value chain — from customer-centric merchandising and omnichannel capabilities to the evolving store footprint and creating high-performance organizations. HRC Retail Advisory’s team of more than 30 people across North America will join Accenture’s Retail Strategy group, expanding its capabilities for helping clients leverage the power of technology to transform their businesses. Financial terms of the acquisition were not disclosed.

“With new consumer habits that formed in the last year enduring into the foreseeable future, retailers need to be able to think fast and make decisions with insight,” said Jill Standish, Accenture senior managing director and global retail industry group lead. “The addition of HRC Retail Advisory will further strengthen our retail strategy and consulting services, which combine deep industry expertise, advanced analytics capabilities and human-centered approaches to enable 360° value creation for our clients.”

HRC Retail Advisory’s seasoned experts will add to Accenture’s deep bench of talented professionals who understand the key-value drivers, trends and omni-channel environment of the retail industry. With its highly focused set of skills and capabilities for strategy consulting, benchmarking, retail performance improvement, analytics and organizational design, HRC Retail Advisory has an extensive track record for helping large retailers across North America improve profitability and working capital, while better meeting growing customer, employee and investor expectations.

“Joining Accenture will give our clients access to a global set of retail strategy and performance improvement solutions to help navigate ongoing disruption,” said Antony Karabus and Farla Efros, CEO and President, HRC Retail Advisory, respectively. “We have a shared vision for helping retailers adapt their business models to meet expanding customer demands, strengthen balance sheets, modernize infrastructures and scale their digital capabilities effectively.”

“The retail landscape continues to evolve at a rapid pace. With the right strategy, data and level of agility, every retailer has the opportunity to reset and refocus on growth,” said Brooks Kitchel, Accenture Strategy senior managing director and global retail strategy lead. “HRC Retail Advisory has a strong reputation for delivering transformative, measurable results based on clear, actionable strategies tailored to each client’s unique business, and we look forward to welcoming them to our team.”

Completion of the acquisition is subject to customary closing conditions.

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 569,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the COVID-19 pandemic. These risks include, without limitation, risks that: Accenture and HRC Retail Advisory will not be able to close the transaction in the time period anticipated, or at all, which is dependent on the parties’ ability to satisfy certain closing conditions; the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been significantly adversely affected and could in the future be materially adversely impacted by the COVID-19 pandemic; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining ongoing, profitable client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; if Accenture is unable to keep its supply of skills and resources in balance with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture could face legal, reputational and financial risks if the company fails to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; as a result of Accenture’s geographically diverse operations and its growth strategy to continue to expand in its key markets around the world, the company is more susceptible to certain risks; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; if Accenture does not successfully manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; Accenture might be unable to access additional capital on favorable terms or at all and if the company raises equity capital, it may dilute its shareholders’ ownership interest in the company; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

Copyright © 2021. Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture.

Maggie Nolan

Accenture Strategy

+1 917 452 3964

[email protected]

KEYWORDS: United States North America Illinois

INDUSTRY KEYWORDS: Software Networks Other Retail Consulting Data Management Professional Services Technology Retail

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Shell to buy Inspire Energy Capital, expanding renewable power business in the United States

PR Newswire

HOUSTON, July 27, 2021 /PRNewswire/ — Shell New Energies US LLC (Shell), a subsidiary of Royal Dutch Shell plc, has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC (Inspire), a renewable energy residential retailer with joint headquarters in Santa Monica, CA and Philadelphia, PA.

This acquisition advances Shell’s Powering Progress strategy to build and scale renewable and low-carbon businesses with a target to become a net-zero emissions energy business by 2050, in step with society.

“Our goal is to become a major provider of renewable and low-carbon energy, and this acquisition moves us a step closer to achieving that,” said Elisabeth Brinton, Executive Vice President of Renewables & Energy Solutions at Shell. “This deal instantly expands our business-to-consumer power offerings in key regions in the U.S., and we are well-positioned to build on Inspire’s advanced digital capabilities to allow more households to benefit from renewable and low-carbon energy.”

Inspire offers renewable energy to customers via a variety of innovative services and subscription plans and incentivizes customers to manage energy usage via a rewards program within its mobile app. The acquisition accelerates Shell’s digital ambitions in the power sector by utilizing data-driven, digitally enabled platforms to simplify customers’ decarbonization journeys.

Achieving Shell’s net-zero emissions target could mean that Shell doubles the amount of electricity sold and provides enough renewable electricity to power 50 million households by 2030. Subject to regulatory clearance and the satisfaction of closing conditions, the deal is expected to be completed by Q4 of 2021.

Notes to editors

  • Shell Energy North America has been an early energy supplier to Inspire since 2017.
  • Inspire will augment Shell’s existing position as a power supplier to residential customers in the U.S. alongside MP2 Energy, a wholly owned subsidiary of Shell Energy North America.
  • Inspire currently serves approximately 235,000 residential customers in Delaware, Illinois, Massachusetts, Maryland, New Jersey, New York, Ohio, Pennsylvania, and Washington DC.
  • Subject to regulatory clearance and the satisfaction of closing conditions, Inspire will be a wholly owned subsidiary of Shell, operating under its existing brand within our Renewables & Energy Solutions integrated power business.
  • On February 11, 2021, Shell set forth its Powering Progress strategy, including details of how it will achieve its target to be a net-zero emissions energy business by 2050, in step with society’s progress as it works towards the Paris Agreement goal of limiting the increase in the average global temperature to 1.5°C.
  • For more details on Shell’s Powering Progress strategy, please visit www.shell.com/poweringprogress
  • For more details on Shell’s climate target, please visit www.shell.com/climatetarget

Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ”Subsidiaries”, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively.  Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.  

This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition”, ”anticipate”, ”believe”, ”could”, ”estimate”, ”expect”, ”goals”, ”intend”, ”may”, ”objectives”, ”outlook”, ”plan”, ”probably”, ”project”, ”risks”, “schedule”, ”seek”, ”should”, ”target”, ”will” and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, such as the COVID-19 (coronavirus) outbreak; and (n) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s Form 20-F for the year ended December 31, 2020 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader.  Each forward-looking statement speaks only as of the date of this announcement, July 27, 2021. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement. 

We may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.  

Shell’s operating plan, outlook and budgets are forecasted for a ten-year period and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next ten years. Accordingly, Shell’s operating plans, outlooks, budgets and pricing assumptions do not reflect our net-zero emissions target. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans, outlooks, budgets and pricing assumptions to reflect this movement.  

Also, in this announcement, we may refer to Shell’s “Net Carbon Footprint”, which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell only controls its own emissions. The use of the term Shell’s “Net Carbon Footprint” is for convenience only and not intended to suggest these emissions are those of Shell or its subsidiaries. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/shell-to-buy-inspire-energy-capital-expanding-renewable-power-business-in-the-united-states-301342387.html

SOURCE Shell Oil Company

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Teledyne Controls’ Aircraft Cabin Environment Sensor (ACES) Now Certified for Airbus A320 Aircraft Series

Teledyne Controls’ Aircraft Cabin Environment Sensor (ACES) Now Certified for Airbus A320 Aircraft Series

EL SEGUNDO, Calif.–(BUSINESS WIRE)–
Teledyne Controls, the aircraft data management business and subsidiary of Teledyne Technologies (NYSE:TDY), has obtained FAA Supplemental Type Certification (STC) approval for installation of its Aircraft Cabin Environment Sensor (ACES™) on the Airbus A320 aircraft series. Teledyne ACES is an autonomous solution that enables air transport operators to monitor, measure and analyze air quality in the cabin and flight deck to help them ensure a safe and positive flying experience for passengers and crew. ACES was recently certified for the Boeing 737 aircraft and certification for other aircraft types is in progress.

“Never before has monitoring air quality been more important. Unexpected smoke, odor or fume events can result in cancelled flights, expensive maintenance costs and potential health risks to passengers and crew. Although air quality monitoring solutions are available for homes, offices, and industrial areas, there is no automatic equipment installed on board most aircraft today,” explained George Bobb, Vice President of Teledyne Technologies and Segment President, Teledyne Aerospace and Defense Electronics. “Having ACES certified for both the Airbus A320 family and the Boeing 737 aircraft is a significant step forward. It gives airline executives, engineering, and maintenance teams the ability to monitor cabin air quality on a large portion of the world’s aircraft flying today with a solution ready to deploy.”

With wireless connectivity to a secure cloud service portal, Teledyne ACES laboratory-grade sensor technology continuously monitors and records the air quality in the cabin and flight deck for potentially harmful contaminants. The extensive air quality data collected during flight is available in real‑time on any mobile device through the ACES mobile app, and via secure web access to the ACES Cloud Service Portal, which provides configurable dashboards, custom alerts, and comprehensive reports that enable the operator to validate the air quality in the airplane, identify emerging issues and document maintenance efforts.

Teledyne ACES was specifically designed for the aviation industry. It combines Teledyne Technologies’ world-leading expertise in air quality and gas monitoring, along with Teledyne Controls’ decades of experience in designing, manufacturing, and certifying aircraft data management and connectivity systems. The combination of air quality data from ACES and aircraft performance data already available from Teledyne’s other avionics gives airlines an even greater view of how their aircraft are performing and how they can improve their operations and the passenger experience.

About Teledyne Controls

Headquartered in Southern California, Teledyne Controls LLC is a wholly owned subsidiary of Teledyne Technologies Incorporated. Teledyne Controls is a leading manufacturer and innovator of a wide range of data management solutions designed to help aircraft operators collect, distribute and analyze aircraft data more efficiently. Teledyne Controls maintains worldwide facilities and a global network of field representatives to support its many airline, airframe, and military customers. To learn more about Teledyne Controls, visit: www.teledynecontrols.com, or follow the Company on social media at: LinkedIn or Facebook.

About Teledyne Technologies

Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace, and defense electronics, and engineered systems. Teledyne’s operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit Teledyne’s website at www.teledyne.com.

Investor Contact:

Jason VanWees

(805) 373-4542

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Data Management Air Technology Transport Aerospace Manufacturing

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UniFirst Corporation Ushers in New Era, Unveils Its Own New Delivery Uniforms for the First Time in Over 30 Years

PR Newswire

New uniforms modernize the look of an industry leader and empower UniFirst Route Service Representatives to continue their commitment to exemplary service

WILMINGTON, Mass., July 27, 2021 /PRNewswire/ — UniFirst Corporation (NYSE:UNF), a North American leader in the supply and servicing of uniforms, workwear, and facility service products, announced the official unveiling of its new Route Service Representative (RSR) uniforms, redesigned for the first time in over 30 years. This is an especially important initiative as UniFirst RSRs personally deliver to over 300,000 business customers every week of the year. The new uniforms were designed to improve comfort and safety, while enhancing the employee brand image for more than 2,400 RSRs across all UniFirst service centers throughout the United States and Canada.

Featuring the company’s signature green and charcoal colors with reflective safety accents and striping to improve visibility on service routes, UniFirst’s new uniforms are available in a range of styles. Throughout the design process, the company led the effort with an employee-first mindset, inspiring uniform options for all climates throughout North America, from Miami, Florida to Edmonton, Alberta. The new uniforms were also designed to improve upon garment features like mobility and breathability to help keep up with the demands of the RSRs’ day-to-day work.

“Every business day, UniFirst proudly outfits over two million workers from coast to coast, so we understand the importance of feeling confident and looking great in what you’re wearing on the job,” said UniFirst President and CEO Steven Sintros. “UniFirst RSRs are the face of our company, and we want them to feel as empowered as our uniform-wearing customers. So, we felt it was critical to take all the time required to develop all ‘the right’ uniform elements, while also involving our RSRs throughout every step of the process.” In fact, UniFirst included their RSRs during all development phases: from focus groups and conversations early on for open discussions and opinion sharing to wearer trials and surveys for real-world feedback after donning prototype (test) uniforms while servicing customers.

For the past 85 years, since its founding in 1936, UniFirst has provided uniform and workwear products and services for customers in virtually all industries, including current customers like Costco, Goodyear, and Target. “This uniform redesign is really taking us into the future,” said Cynthia Croatti, executive vice president at UniFirst. “It was important for us to not only modernize the look of our RSRs, but also to adapt to the changing demands of our essential frontline employees.”

As for the thousands of old-style, previously worn UniFirst RSR uniforms throughout the U.S. and Canada, the company’s individual service centers will either re-purpose them for customer use or donate them to local charitable organizations thereby extending the useful life of the materials and reducing the potential impact on the environment.

In an effort to develop a new holistic brand image, UniFirst has also redesigned its entire fleet of over 4,000 vehicles. Through a phased approach, the company will be rebranding fleet vehicles across all locations over the next few years.

For more information about UniFirst and what the company provides to businesses, please visit UniFirst.com.

About UniFirst

Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servicing of uniform and workwear programs, as well as the delivery of facility service programs. Together with its subsidiaries, the company also provides first aid and safety products, and manages specialized garment programs for the cleanroom and nuclear industries. UniFirst manufactures its own branded workwear, protective clothing, and floorcare products; and with 260 service locations, over 300,000 customer locations, and 14,000 employee Team Partners, the company outfits more than 2 million workers each business day. For more information, contact UniFirst at 800.455.7654 or visit UniFirst.com.

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SOURCE UniFirst Corporation

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L.B. Foster Company to Report Second Quarter 2021 Operating Results on August 3, 2021

PITTSBURGH, July 27, 2021 (GLOBE NEWSWIRE) — L.B. Foster Company (NASDAQ: FSTR), today announced that it will release second quarter 2021 operating results pre-market on Tuesday, August 3, 2021. L.B. Foster will host a conference call to discuss its operating results, market outlook, and developments in the business on Tuesday, August 3, 2021 at 11:00 a.m. Eastern Time. A presentation will be available on the Company’s website under the Investor Relations page on August 3, 2021 immediately after the Company’s earnings release.

Those wishing to participate via telephone may dial in at (833) 614-1392 (U.S. & Canada) or (914) 987-7113 (International). Those wishing to participate via webcast should access the call through L.B. Foster’s Investor Relations page of the company’s website (www.lbfoster.com).

A conference call replay will be available through August 10, 2021. To access the replay, please dial (855) 859-2056 (U.S. & Canada) or (404) 537-3406 (International) and provide the access code: 5888515. The conference call replay will also be available via webcast through L.B. Foster’s Investor Relations page of the company’s website.


About L.B. Foster Company

L.B. Foster Company and its subsidiaries provide products and services for the rail industry and solutions to support critical infrastructure projects. The Company’s innovative engineering and product development solutions inspire the safety, reliability, and performance of its customers’ challenging requirements. The Company maintains locations in North America, South America, Europe, and Asia. For more information, please visit www.lbfoster.com.

Investor Relations:
Stephanie Listwak
(412) 928-3417
[email protected]

L.B. Foster Company
415 Holiday Drive
Suite 100
Pittsburgh, PA 15220



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Duke Energy helps build North Carolina workforce with $615,000 in grants to community colleges, HBCUs and nonprofits

– 19 workforce development programs receive Duke Energy Foundation grants

– Grants strengthen programs that serve underrepresented audiences, including women, minorities and veterans

– Duke Energy Foundation has made $6.3 million in workforce grants in the last five years

PR Newswire

CHARLOTTE, N.C., July 27, 2021 /PRNewswire/ — Duke Energy has awarded $615,000 in grants to 19 workforce development and education programs in North Carolina to help job seekers and students prepare for employment, particularly in the energy sector. The grants support innovative workforce education and training initiatives at community colleges, historically black colleges and universities, and nonprofits across the state.

These grants are part of Duke Energy’s ongoing commitment to workforce development, which totals $6.3 million over the last five years. As North Carolina continues its clean energy transformation, the Duke Energy Foundation is investing in programs that will build the next generation workforce as well as create access to training and job skills that fit current community needs.

“At Duke Energy, we are helping build a diverse workforce for North Carolina by expanding access to training opportunities across the state, particularly in minority and underserved communities,” said Stephen De May, Duke Energy’s North Carolina president. “Our state is enjoying robust growth, and if employers and employees are going to benefit from that together, we must ensure that workers have the skills required by the industries looking to relocate here.”

The College of Engineering at North Carolina A&T State University received a grant to support its five-week bridge program known as HOME – Helping Orient Minorities to Engineering. For nearly a decade, the Duke Energy Foundation has helped fund this nationwide recruitment/retention initiative that seeks to attract and retain high-achieving minority students in engineering and computer science.

“North Carolina A&T appreciates the investment of corporate partners like Duke Energy, since the support assists us in addressing the critical need in the nation of educating and graduating diverse engineers and computer scientists prepared to address the global challenges of today and tomorrow,” said Dr. Robin N. Coger, dean of the College of Engineering at North Carolina A&T.

The following organizations received 2021 workforce grants; quotes from individual grant recipients can be found here.

Grant Recipients, Programs and Awards


  • Catawba Valley Community College Foundation     – Alternative Combustion Program Expansion ($20,000)

  • Caldwell Community College and Technical Institute Foundation     – Substation Relay Technician Program ($40,000)
  • FSIC American Innovation and Opportunity Fund – AIOF Dream Creators Work Force Development Program ($25,000)
  • Gardhouse Limited – Career Journey Mapping for College Students of Color ($10,000)
  • Gaston Innovation Group – TechWorks Academy ($20,000)

  • Isothermal Community College
     – Protective Relay Education Enhancement Project ($30,000)

  • Johnson C. Smith University
     – JCSU Career Pathways Experiential Initiative ($25,000)
  • MeckEd – STEM Career Exposure ($15,000)
  • myFutureNC – myFutureNC Workforce and Education ($100,000)

  • Nash Community College Foundation     – NCC Electric Lineworker Recruitment and Equipment Upgrade ($30,000)
  • North Carolina A&T Foundation – Helping Orient Minorities to Engineering (H.O.M.E.) ($75,000)

  • North Carolina Central University Foundation     – Duke Energy EDGE Program – Project Based Learning ($50,000)

  • Richmond Community College Foundation     – Electric Utility Relay and Substation Technology ($40,000)
  • Rowan-Cabarrus Community College Foundation – Modernizing welding equipment to improve student learning ($25,000)
  • She Built This City – Women in Trades ($10,000)
  • USO of North Carolina – Service Member and Spouse Transitions in North Carolina($20,000)
  • Veterans Bridge Home – Veterans to Work ($15,000)
  • Wake Technical Community College Foundation – Applied Engineering & Technologies Opportunity Grant ($40,000)
  • Young Black Leadership Alliance – YBLA Career Development Program ($25,000)

Duke Energy Foundation

The Duke Energy Foundation provides philanthropic support to meet the needs of communities where Duke Energy customers live and work. The foundation contributes more than $30 million annually in charitable gifts, and is funded by Duke Energy shareholder dollars. More information about the foundation and its Powerful Communities program can be found at duke-energy.com/foundation.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. Its electric utilities serve 7.9 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 51,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,500 people.

Duke Energy is executing an aggressive clean energy strategy to create a smarter energy future for its customers and communities – with goals of at least a 50 percent carbon reduction by 2030 and net-zero carbon emissions by 2050. The company is a top U.S. renewable energy provider, on track to operate or purchase 16,000 megawatts of renewable energy capacity by 2025. The company also is investing in major electric grid upgrades and expanded battery storage, and exploring zero-emitting power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune’s 2021 “World’s Most Admired Companies” list and Forbes’ “America’s Best Employers” list. More information about the company is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos, videos and other materials. Duke Energy’s illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Contact: Bill Norton
Cell: 704.763.6059
24-Hour: 800.559.3853

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SOURCE Duke Energy

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Abraham, Fruchter & Twersky LLP Investigating Claims on Behalf of Investors of Rocket Companies, Inc. (NYSE:RKT)

NEW YORK, July 27, 2021 (GLOBE NEWSWIRE) — Abraham, Fruchter & Twersky LLP is investigating claims on behalf of shareholders of Rocket Companies, Inc. (“Rocket” or the “Company”) for potential violations of the federal securities laws. Investors who purchased the Company’s securities between February 25, 2021 and May 5, 2021, inclusive (the “Class Period”), are encouraged to contact the firm before August 30, 2021.

If you would like to discuss this class action lawsuit or obtain more information about your rights, please contact Abraham, Fruchter & Twersky LLP by contacting Sean M. Handron-O’Brien at

[email protected]

or by calling (212) 279-5050.

On May 5, 2021, Rocket issued a press release announcing its first quarter results and second quarter outlook. Rocket reported that it was on track to achieve closed loan volume within a range of only $82.5 billion and $87.5 billion and gain on sale margins within a range of only 2.65% to 2.95% for the second quarter of 2021. At the mid-point, this gain on sale margin estimate equated to a 239basis point decline year-over-year and a 94basis point decline sequentially, which represented the Company’s lowest quarterly gain on sale margin in two years. On this news, Rocket’s Class A common stock price fell $3.79 per share, or 16.62%, to close at $19.01 per share on May 6, 2021. As the market continued to digest the news in the days that followed, Rocket’s Class A common stock price continued to decline, falling to a low of just $16.48 per share by May 11, 2021.

Abraham, Fruchter & Twersky LLP is a law firm based in New York and maintaining an office in California. The firm’s attorneys have extensive experience litigating on behalf of shareholders in class action litigations involving corporate misconduct and has been ranked as a leading plaintiffs’ securities litigation firm in the 2020 survey by ISS Securities Class Action Services. Please visit www.aftlaw.com for more information.

Contact

Abraham, Fruchter & Twersky LLP
Sean M. Handron-O’Brien | [email protected]



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Magna to Bring Driver Assistance Into the Digital Age With Industry-First Capabilities in 2022

  • ICON™ Digital Radar takes advanced driver-assistance technology to new levels
  • Latest advancement helps address industry challenges for safer driving and higher levels of autonomy
  • Developed in partnership with technology startup Uhnder, Inc.

AURORA, Ontario, July 27, 2021 (GLOBE NEWSWIRE) — When Magna International’s ICON Radar debuts on the Fisker Ocean next year, it will mark the first application of digital radar for driver-assisted technology.

The new digital radar enhances a vehicle’s ability to “see” its surroundings and detect potential dangers, from a stalled car in a dark tunnel to a pedestrian up to 150 meters away.

“ICON Digital Radar dramatically improves performance over today’s analog radar, bringing it to levels which have not yet been experienced in automotive applications,” said Boris Shulkin, Executive Vice President, Technology and Investment at Magna International. “Similar to other digital breakthroughs in the consumer electronics and mobile phone industries, we expect digital radar to transform the way we think about radar’s role in road safety – today and in the future.”

Magna and Austin, Texas-based Uhnder partnered to develop the technology, which continuously scans its full environment in four dimensions, resulting in higher resolution and better contrast than analog radar. As a result, ICON Radar has the power to sense moving or standing objects, large or small, at both short and long distances.

In addition, ICON Radar eliminates interference concerns experienced by today’s analog radar. Each digital radar has a quintillion unique codes embedded into the signal it transmits, helping minimize the negative effects of mutual interference. Effectively, no two radars in the world would have the same code.

“We believe the time is right to make a paradigm shift toward digital radar systems enabling our customers like Magna to have more accurate information from their radar sensor so they can develop sophisticated algorithms to help save more lives,” said Manju Hegde, CEO and Co-founder of Uhnder.

ICON Radar helps address key industry challenges today and paves the road toward higher levels of autonomy in the future. In addition to vehicle and pedestrian detection, it can identify low-lying objects and open pathways on crowded, multi-lane roads.

Magna’s agreement to acquire Veoneer, announced last week, will further strengthen the company’s radar portfolio. Veoneer brings more than 10 years of program execution and experience producing more than 40 million radar sensors. ICON Radar is one part of the full portfolio of ADAS sensor solutions that Magna has to offer, providing automakers a full-systems approach to bringing ADAS technology to their vehicles.

TAGS
ADAS, ICON Radar, radar, Uhnder

INVESTOR CONTACT
Louis Tonelli, Vice President, Investor Relations
[email protected], (+1) 905.726.7035

MEDIA CONTACT
Tracy Fuerst, Vice President, Corporate Communications & PR
[email protected], (+1) 248.631.7004

ABOUT MAGNA
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company with a global, entrepreneurial-minded team of 158,000 employees and an organizational structure designed to innovate like a startup. With 60+ years of expertise, and a systems approach to design, engineering and manufacturing that touches nearly every aspect of the vehicle, we are positioned to support advancing mobility in a transforming industry. Our global network includes 347 manufacturing operations and 84 product development, engineering and sales centres spanning 28 countries.

For further information about Magna (NYSE:MGA; TSX:MG), please visit www.magna.com or follow us on Twitter @MagnaInt.

THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT 

WWW.MAGNA.COM

.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a2b4ed4b-d6f0-409c-b8ad-908b4cd1f94a