Valvoline Instant Oil Change raises over $56,410 for cancer research and patient care at Dana-Farber Cancer Institute

52 Valvoline Instant Oil Change(SM) locations participated in A Chance for Kids & Families® program for the 7th consecutive year to raise $56,410, for the Jimmy Fund bringing their fundraising total for the program to over $297,400.

PR Newswire

NEWTON, Mass., Nov. 17, 2020 /PRNewswire/ — Valvoline Instant Oil Change (VIOC) customers helped fight cancer this fall by contributing $1 or more to the Jimmy Fund through the A Chance for Kids & Families® program. The Jimmy Fund solely supports Boston’s Dana-Farber Cancer Institute, raising funds for adult and pediatric cancer care and research to improve the chances of survival for cancer patients around the world.

This year was the seventh year that VIOC participated in the fundraising program to benefit the Jimmy Fund. VIOC raised $56,410 totaling their contribution to the Jimmy Fund through the A Chance for Kids and Families program to over $297,400 since 2014.

“Dana-Farber is one of the leading cancer institutes in the world and fundraising for their life saving work is more important now than ever,” said Don Smith, CEO of Henley Enterprises, Inc, the largest franchisee of Valvoline Instant Oil Change. “We are extremely proud of the amount raised for The Jimmy Fund this year. Every dollar truly makes a huge impact on compassionate patient care and ground-breaking research being done at the institute.”

“For the past 7 years, Valvoline Instant Oil Change has been supporting Dana-Farber and the Jimmy Fund through A Chance for Kids and Families,” said Suzanne Fountain, Vice President of the Jimmy Fund. “It’s inspiring to see support from stores and customers throughout New England. This program is a true testament to the generous spirit of Valvoline Instant Oil Change and their loyal customers. We thank them for their continued partnership as we move one step closer to a world without cancer.”

About Valvoline™

Valvoline Inc. (NYSE: VVV) is a leading worldwide marketer and supplier of premium branded lubricants and automotive services, with sales in more than 140 countries. It operates and franchises approximately 1,400 quick-lube locations, and is the No. 2 chain by number of stores in the United States under the Valvoline Instant Oil Change(SM) brand. To learn more, visit www.valvoline.com.

About Henley Enterprises, Inc.

Founded in 1989, Henley Enterprises, Inc. is the largest VIOC franchisee. They operate more than 215 service centers in 11 states including: California, Delaware, Florida, Louisiana, Massachusetts, Maryland, New Hampshire, New Jersey, Pennsylvania, Rhode Island and Virginia.

About the Jimmy Fund

The Jimmy Fund, established in Boston in 1948, is comprised of community-based fundraising events and other programs that, solely and directly, benefit Dana-Farber Cancer Institute’s lifesaving mission to provide compassionate patient care and groundbreaking cancer research for children and adults. The Jimmy Fund is an official charity of the Boston Red Sox, the Massachusetts Chiefs of Police Association, the Pan-Mass Challenge, and the Variety Children’s Charity of New England. Since 1948, the generosity of millions of people has helped the Jimmy Fund save countless lives and reduce the burden of cancer for patients and families worldwide. Follow the Jimmy Fund on Facebook, Twitter and Instagram: @TheJimmyFund.

Contact:

Ali Rose

(617) 340-8937
[email protected]

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SOURCE Henley Enterprises, Inc.

Reveal Laboratories: At the Forefront of Crisis Relief

Sandy, UT, Nov. 17, 2020 (GLOBE NEWSWIRE) — What is Reveal Laboratories, and why is this company quickly finding a place to give hope to those struggling with drug and alcohol addictions?

Co-Founder Will Vigil explains,

“Reveal Laboratories is a High Complexity Toxicology Laboratory specializing in UDT (Urine Drug Testing), primarily for Substance Abuse Treatment Facilities, Behavioral Health Organizations, Medication Management Clinics & Private Practices. With the Coronavirus

Pandemic on our hands, we’ve recently added Covid-19 and Respiratory Pathogen Panels, to ensure treatment facilities can safely continue providing support and treatment services to their patients struggling with addiction & behavioral issues.”

Part of building a company that is directly related to treatment facilities and their caring for others is caring for each other within the company first.

Vigil continues, “At Reveal Laboratories our entire ownership and management team is in sync with always putting value and integrity at the forefront of our decisions and we are all grateful for each other’s hard work, as the key to abundance is gratitude.”

Executive Vice President Ashley Cook explains some of Reveal’s mindset for setting and reaching goals: “Start with a goal whether personal or financial… Now if you are able to reach that goal, by offering a superior service and/or product without compromising your integrity, you are on your way.” 

Unfortunately, the need for drug and alcohol support services has skyrocketed during the COVID-19 crisis. “Our business demand has already gone up by over 40% and climbing due to the rise of addiction that is on the rise as a result of the COVID-19 pandemic,” Vigil explains. “Our lab does well because we are not only a laboratory focused on toxicology; we also provide clinical medical billing, utilization review, and demonstrating medical necessity for treatment faciliaties; all coupled together provides our clients ease of mind that everything is under one roof, ultimately allowing the staff of the treatment facility to focus on patient care and expansion.”

Like any company during the COVID-19 pandemic, Reveal has faced hard times. But their persistence and strategic thinking has helped them succeed against difficult odds, including negotiating complex partnerships. EVP Ashley Cook explains, “My biggest take-away from the last year is “trust but verify”… if something (or someone) sounds too good to be true, there’s a good chance it is. There is absolutely nothing wrong with reading the fine print. Do your due diligence when building partnerships and relationships and keep value and integrity at the forefront of your decisions, not revenue.” 

Vigil forecasts the future for Reveal:

“We see ourselves as one of the nation’s leaders in our industry, operating labs throughout the United States of America. Great demand for our company and the array of services we provide has already catapulted us into this direction.”

Learn more at http://www.reveallaboratories.com



Contact:
Ashley Cook
Reveal Laboratories
(800) 484-0178
[email protected]
http://www.reveallaboratories.com

New educational campaign from The Joint Commission helps patients advocate for safer surgery

OAKBROOK TERRACE, Ill., Nov. 17, 2020 (GLOBE NEWSWIRE) — The Joint Commission has released Speak Up™ For Safe Surgery, a new educational campaign to help patients advocate for safer surgery. According to the new guidance, patients can help ensure their surgery is safe and successful by being an informed member of the care team.

No one ever expects a surgical error to happen to them. However, wrong-site, wrong-procedure and wrong-patient surgery errors, while not common, are possible. Estimates show these procedures could occur as often as 40 times per week in the United States. In addition, many other types of errors related to patient counseling, anesthesia, medication management or other categories could occur. While an operating team should practice universal protocol to prevent these errors, patients and their advocates can help the care team by actively participating during the planning stages, immediately before surgery and after surgery.

Planning for surgery

Patients can talk to their doctors about:

  • Regular medications taken, and if or when the patient should stop taking them.
  • Dietary needs before surgery.
  • Options regarding anesthesia or sedation.

Have a friend, relative or patient advocate:

  • Take the patient to and from the hospital or surgery facility.
  • Communicate patient directives to the care team when the patient cannot.
  • Help ask questions about the procedure.

Before surgery

Before signing an Informed Consent form, patients should:

  • Confirm the surgery and the exact location of the procedure.
  • Talk about risks involved and the post-surgery care plan.
  • Speak up if something doesn’t seem right.

After surgery

Communicate with the care team about:

  • Medication dosages and any medication allergies.
  • Any potential signs of infection such as chills, fever or redness near the surgical site.
  • Scheduling follow-up appointments.
  • Plans for after discharge from the hospital or surgery center.

The risk of any procedure is increased right now because of the COVID-19 pandemic. To help, the campaign also offers special considerations to help keep surgery patients safe from COVID-19, such as asking about the facility’s pandemic-related safety procedures.

“By communicating with the care team, patients have an opportunity to have a safer, successful surgery. Patients who ask questions and follow instructions from their provider can improve recovery and return to normal life more quickly,” said Executive Vice President, Chief Medical Officer, and Chief Diversity and Inclusion Officer Ana Pujols McKee, MD, The Joint Commission. “Because of this, the latest Speak Up campaign is a valuable resource for surgery patients, whether they are heading into their first surgery or their tenth.”

The campaign includes an informational poster in both English and Spanish, as well as an animated video that follows a patient and their provider before and after surgery, modeling a positive patient-provider relationship.

Organizations are free to reproduce and disseminate the Speak Up™ for Safe Surgery materials if they credit The Joint Commission.

About the

Speak Up

™ program

Launched in 2002, the award-winning Speak Up program has been used in more than 70 countries. It encourages patients to be their own advocates and to:

  • Speak up
  • Pay attention
  • Educate yourself
  • Advocates (family members and friends) can help
  • Know about your new medicine
  • Use a quality health care organization
  • Participate in all decisions about your care

The Joint Commission’s refreshed Speak Up™ program that debuted last year, after national market research including focus group feedback from patients and their families.

For updates on new Speak Up™ campaigns as they become available, sign up for email alerts or subscribe to the e-newsletter Joint Commission Online. For more information about the Speak Up™ program, visit The Joint Commission website.

About The Joint Commission

Founded in 1951, The Joint Commission seeks to continuously improve health care for the public, in collaboration with other stakeholders, by evaluating health care organizations and inspiring them to excel in providing safe and effective care of the highest quality and value. The Joint Commission accredits and certifies more than 22,000 health care organizations and programs in the United States. An independent, nonprofit organization, The Joint Commission is the nation’s oldest and largest standards-setting and accrediting body in health care. Learn more about The Joint Commission at www.jointcommission.org.

To view this release in a media-rich format, go to: https://jointcommission.new-media-release.com/2020_speak_up_for_safe_surgery/

Media Contact:

Maureen Lyons
Corporate Communications
(630) 792-5171
[email protected]



Travis Perkins Plc to present at the dbVIC – Deutsche Bank ADR Virtual Investor Conference on 18 November 2020

Company invites individual and institutional investors, as well as advisors, to attend interactive, real-time virtual event

PR Newswire

NORTHAMPTON, England, Nov. 17, 2020 /PRNewswire/ — Travis Perkins (TPK) based in United Kingdom, and focused on building materials distribution, today announced that Travis Perkins, Director Capital Markets Graeme Barnes will present at the dbVIC – Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on November 18. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors.

DATE:

November 18, 2020

TIME:

15:00 GMT/10 AM ET

LINK:



https://bit.ly/3jNDfgr

This will be a live, interactive online event where investors are invited to ask the company questions in real-time – both in the presentation hall as well as the organization’s “virtual trade booth.” If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.


Participation is free of charge.

Recent Company Highlights

  • Group like-for-like revenue growth of 3.9% in Q3
  • Strong demand through domestic RMI sales continued, driving the strong performance in Wickes, Toolstation and local trade market
  • Lag in recovery of larger customer activity, including new housebuilding and larger construction projects
  • Group liquidity remains strong, £980m of liquidity headroom at 30 September 2020

About Travis Perkins

Travis Perkins is the UK’s largest distributor of building materials to the building, construction and home improvement markets. We have been helping to build Britain for over 200 years, and have over 20 businesses in the Group.

About Virtual Investor ConferencesSM

Virtual Investor Conferences is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.

A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group’s suite of investor relations services specifically designed for more efficient Investor Access.  Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.

 

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SOURCE dbVIC – Deutsche Bank Depositary Receipts Virtual Investor Conference

Associa Texas Branches Hold Virtual Live Music Event Benefiting Associa Cares

Dallas, TX, Nov. 17, 2020 (GLOBE NEWSWIRE) — Associa Principal Management Group of North Texas (PMG North Texas), Associa Houston Community Management Services, Associa Principal Management Group of HoustonAssocia Hill Country, and Somerset Association Management recently hosted “Associa Texas LIVE!” a virtual music event benefiting Associa’s national non-profit organization, Associa Cares.

A live-streaming music event featuring Texas country music artist Pat Green, Associa Texas LIVE! helped raise awareness and crucial funds for Associa Cares. The virtual program featured opening remarks by Associa Cares president Andrew Fortin, sponsor recognition, a Pat Green performance, and a Q&A session with the singer. The event raised over $25,000 that will be used to further the charitable disaster relief and community assistance provided by Associa Cares. 

Pat Green is an influential star in Texas’ country music tradition. Since 1995, he has released 13 albums and sold more than two million records, accumulating 12 number one hits on the Texas radio chart. Mr. Green has been nominated for three Grammy awards and is regarded as one of the most electrifying entertainers on tour, filling venues like the historic Gruene Hall and the massive Houston Astrodome. Mr. Green has also released ten Billboard radio hits and has placed songs like “Wave on Wave” in the Top Five Billboard’s Country Airplay chart. For his Associa Texas LIVE! appearance, he performed an acoustic set to an audience of Associa clients and employees, playing hits, including “Take Me Out To A Dancehall” and “Wave on Wave.”

This entirely virtual charity event, which protected the health and safety of participants while ensuring that Associa Cares raises the funds necessary to continue to assist those in need, was accomplished with the tremendous help of the following sponsors and more:

  • Calvary Construction & Restoration
  • BrightView
  • Sears, Bennett, & Gerdes, LLP
  • Commercial Flooring Systems (CFS)
  • Lambright McKee
  • DEN

“2020 has been an unprecedented year, and the critical work of Associa Cares has been more important now than ever before, as we work to support those in need during the COVID-19 pandemic,” stated Andrew Fortin, Associa Cares president. “We were honored to have Pat Green join us for this event and were so thankful to partner with amazing sponsors who helped us raise the funds needed to continue to aid families in need in both Associa-managed and non-managed communities. Together, we are creating a network that supports community members when tragedy happens.”

Associa Cares has provided assistance to nearly 3,000 families and over $4 million has been distributed since 2007. To view Associa Cares’ fundraising disclosure statement, please visit http://www.associacares.org/fundraising-disclosure-statement/.

Associa Cares funds are distributed to organizations and families of Associa-managed and non-Associa managed communities. To donate to Associa Cares or apply for assistance, please visit our website at http://www.associacares.org.

Associa Cares is a national nonprofit 501(c)(3) organization created to assist families and communities in crisis as a result of natural and man-made disasters. Through donations raised from Associa employees and at fundraising events across the country, Associa Cares is able to provide direct financial relief to those affected by these types of tragedies. 

With more than 200 branch offices across North America, Associa delivers unsurpassed management and lifestyle services to nearly five million residents worldwide. Our 10,000+ team members lead the industry with unrivaled education, expertise and trailblazing innovation. For more than 40 years, Associa has provided solutions designed to help communities achieve their vision. To learn more, visit www.associaonline.com.  

Stay Connected: 

Like us on Facebook: https://www.facebook.com/associa 

Subscribe to the Blog: https://hub.associaonline.com/

Follow us on Twitter: https://twitter.com/associa

Join us on LinkedIn: http://www.linkedin.com/company/associa



Ashley Cantwell
Associa 
214-272-4107
[email protected]

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of MultiPlan Corporation (MPLN) on Behalf of Investors

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of MultiPlan Corporation (MPLN) on Behalf of Investors

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN) investors concerning the Company’s possible violations of the federal securities laws.

If you suffered a loss on your MultiPlan investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/multiplan-corporation/. You can also contact Charles H. Linehan of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at [email protected] to learn more about your rights.

On November 11, 2020, Muddy Waters Research issued a report titled “MultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab,” alleging, among other things, that MultiPlan is “in financial decline, and its financial statements were engineered to obscure this existing deterioration.” It further stated that the Company “is in the process of losing its largest client, UnitedHealthcare,” which “has formed a competitor to MultiPlan that offers significantly lower prices and fewer conflicts of interest.”

On this news, the Company’s stock price fell $1.72 per share, or approximately 20%, to close at $7.01 per share on November 11, 2020.

Follow us for updates on LinkedIn, Twitter, or Facebook.

Whistleblower Notice: Persons with non-public information regarding MultiPlan should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [email protected].

About GPM

Glancy Prongay & Murray LLP is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. ISS Securities Class Action Services has consistently ranked GPM in its annual SCAS Top 50 Report. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements. With four offices across the country, GPM’s nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPM’s lawyers have handled cases covering a wide spectrum of corporate misconduct including cases involving financial restatements, internal control weaknesses, earnings management, fraudulent earnings guidance and forward looking statements, auditor misconduct, insider trading, violations of FDA regulations, actions resulting in FDA and DOJ investigations, and many other forms of corporate misconduct. GPM’s attorneys have worked on securities cases relating to nearly all industries and sectors in the financial markets, including, energy, consumer discretionary, consumer staples, real estate and REITs, financial, insurance, information technology, health care, biotech, cryptocurrency, medical devices, and many more. GPM’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Glancy Prongay & Murray LLP, Los Angeles

Charles H. Linehan, 310-201-9150 or 888-773-9224

1925 Century Park East, Suite 2100

Los Angeles, CA 90067

www.glancylaw.com

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Legal Professional Services

MEDIA:

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Pepper Construction Selected to Complete Historic Office Renovations in Downtown Columbus Warehouse District

COLUMBUS, OH, Nov. 17, 2020 (GLOBE NEWSWIRE) — Pepper Construction of Ohio, serving as construction manager for Hackman Capital Partners, has been selected to complete multiple historic office renovations in the Warehouse District, located on the northwest side of the central business district in downtown Columbus.

“We are proud to be a part of such a monumental project for the Columbus community; one that is sure to attract top-tier businesses to the rapidly-growing Warehouse District,” Said Paul Francois, President of Pepper Construction Company of Ohio.

Comprised of 10 buildings and more than 400,000 square feet of office space, Hackman Capital Partners is revitalizing the historic Warehouse District into best-in-class office space while preserving the rich architecture of the original buildings. Renovations will spotlight expansive ceiling heights, significant daylighting, wood and bow-truss ceilings, exposed brick walls and ornamental columns.

“The Warehouse District is strategically located in a burgeoning urban hub, minutes from the city’s major highways and blocks from the Columbus College of Art and Design, Columbus State Community College and the Nationwide Arena,” said Brent Iloulian, Managing Principal of Hackman Capital Partners. “We are excited to play a part in the revitalization of this vibrant community and preserve the rich history these spaces have to offer.”

Construction will commence in November and is expected to complete by summer 2021.

Pepper Construction is working in collaboration with design firms Ford and Associates Architects and WSA, engineering firms EM Engineering Group and Prater Engineering Associates, Inc. and Hackman Capital Partners to successfully complete this project.

Hackman Capital Partners

Hackman Capital Partners is a privately-held real estate investment and operating company, based in Los Angeles, California. We focus on commercial and industrial properties in major U.S. markets, and with more than 30 years of experience, we do it all—from acquisitions and dispositions to development, design and construction, from leasing and marketing to asset and property management. For more information, please visit https://www.hackmancapital.com/

Pepper Construction

Now in their fourth generation of family leadership, Pepper Construction Group serves clients across the country with comprehensive teams in Columbus and Cincinnati, Ohio – as well as Indiana, Illinois and Wisconsin. Named ENR’s 2019 Top Midwest Contractor, Pepper serves clients in a variety of markets such as commercial office and interiors, manufacturing and industrial, healthcare, education, civic and cultural, data centers, entertainment, hospitality and gaming, among others. For more information, please visit www.pepperconstruction.com

Attachment



Samantha Wallace
Pepper Construction of Ohio
614-793-7647
[email protected]

The GE90 Engine Celebrates 25 Years of Service

The GE90 Engine Celebrates 25 Years of Service

GE has delivered more than 2,800 engines; propulsion pioneer has surpassed 100 million flight hours

CINCINNATI–(BUSINESS WIRE)–
GE Aviation’s GE90 engine celebrates 25 years of service today, and GE expects the technological pioneer engine to continue powering aircraft for decades to come.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201117006193/en/

Celebrating 25 years of service today, the GE90 engine has been among the most reliable in the industry with a world class dispatch reliability rate of 99.97 percent. (Photo: Business Wire)

Celebrating 25 years of service today, the GE90 engine has been among the most reliable in the industry with a world class dispatch reliability rate of 99.97 percent. (Photo: Business Wire)

On November 17, 1995, the GE90 entered service on the Boeing 777, powering a British Airways flight between London and Dubai.

The GE90 engine has been among the most reliable in the industry with a world class dispatch reliability rate of 99.97 percent. In July, the engine family surpassed 100 million flight hours.

“We are excited to celebrate another GE90 milestone and would like to congratulate everyone involved in the engine’s success,” said Mike Kauffman, GE Aviation’s GE90 program general manager. “We continue to deliver these extremely reliable engines and our dedicated product support team will maintain the GE90 for many years to come, providing maximum value throughout its lifecycle.”

GE has delivered more than 2,800 GE90 -94B and upgraded -115B engines to 70 operators around the world. The engine family powers all Boeing 777 models and is the exclusive powerplant on the 777-300ER, -200LR, and 777F.

The GE90 engine faces some of the toughest demands daily on a high-thrust commercial jet engine. Despite this, the engine has achieved the lowest maintenance burden to date through service bulletin terminating action acceleration and analytics-based field programs.

Its architecture and mechanical design have influenced every GE and CFM turbofan over the last 20 years, from the popular GEnx and record-selling CFM LEAP engine to the Passport for corporate jets and the next generation GE9X engine for the Boeing 777X.

The GE90 engine held the world record as the most powerful jet engine for 17 years at 127,900 pounds of thrust until the newly certified GE9X engine achieved the new mark of 134,300 pounds.

Entry into service of the GE90-94B carried several distinctions:

• GE Aviation’s first new baseline engine for large commercial aircraft in more than 20 years

• The world’s most powerful aircraft engine

• The world’s largest aircraft engine; the 123-inch diameter of the GE90 fan is approximately equal to the diameter of the fuselage of a Boeing 727 airliner

• The first successful application of composite fan blades for a commercial turbofan engine

• The highest bypass ratio (9:1) and highest overall pressure ratio (40:1)

• The introduction of the Dual annular combustion system

About GE Aviation

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings. For more information, visit us at www.ge.com/aviation. Follow GE Aviation on Twitter at http://twitter.com/GEAviation and YouTube at http://www.youtube.com/user/GEAviation.

Nick Hurm 513.484.4450 [email protected]

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Air Transport Aerospace Manufacturing

MEDIA:

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Photo
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Celebrating 25 years of service today, the GE90 engine has been among the most reliable in the industry with a world class dispatch reliability rate of 99.97 percent. (Photo: Business Wire)

TCS to Build Investment Insights Solution on SAP® Business Technology Platform for the Capital Markets Industry

Tata Consultancy Services’ New Solution Will Help Investment Management and Market Infrastructure Businesses Convert Investment and Market Data into Strategic Insights

PR Newswire

NEW YORK and MUMBAI, India, Nov. 17, 2020 /PRNewswire/ — Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a leading global IT services, consulting and business solutions organization, announced that it is developing an Investment Insights solution, leveraging SAP® Business Technology Platform, to help asset managers and market infrastructure firms leverage insights from harmonized data for superior portfolio design.

The Investment Insights solution uses artificial intelligence techniques and TCS’ intellectual property such as Automated Data Discovery and Machine Learning-based Data Quality Management tools to help investment management firms enhance their portfolio decisioning. Additionally, it provides market infrastructure firms with a strong digital platform to streamline end-to-end data management, enhance their data offerings, and offer value-added services.

The TCS solution, available on premise or on the cloud, will enable a 360° view of investments, ESG integration, black swan financial impact modelling, and yield optimization strategies.

TCS has been continuously investing in research and innovation in the capital markets domain, resulting in world-leading intellectual property, and new differentiated services and solutions that help our customers accelerate their growth and transformation journeys,” said Prab Pitchandi, Global Head, BFSI CDO Strategic Initiatives, TCS. “TCS’ Investment Insights solution leverages our strong domain capabilities, contextual knowledge and deep expertise in advanced analytics and insights to help customers transform their data into strategic investment insights for superior business outcomes.

TCS’ Investment Insights solution is an outcome of our deep understanding of the capital markets industry and our co-innovation partnership with SAP. It will help our investment management and market infrastructure customers accelerate their product innovation, accelerate their Business 4.0™ transformation journeys and gain a competitive advantage,” said Prashant Shirgur, Global Head, SAP Practice, TCS.


Falk Rieker, Global Head of Banking & Capital Markets, SAP SE
, said, “We are excited to work with TCS on this solution for the investment management and market infrastructure industry. SAP has a long history providing innovative technology to the world’s leading capital markets firms and will continue to support it with our industry cloud strategy. By leveraging the industry expertise, commitment to quality delivery, and customer focus, the teams at TCS and SAP are helping businesses make the transformational move to the Intelligent Enterprise. Automation and innovation technologies such as machine learning facilitate faster time to production with less implementation risk. The current environment is driving organizations to innovate faster than ever. This partnership leverages SAP Business Technology Platform to allow firms to adapt quickly to enhance their internal processes or create new data services to fill ever-changing market needs. This will enable industry participants to become market leaders in financial markets data and analytics.”

TCS’ SAP-related services include design thinking, advisory, innovation consulting, implementation, and other digital support services. We help customers evaluate newer digital offerings such as SAP S/4HANA®, SAP Customer Experience solutions, SAP SuccessFactors® solutions, SAP Ariba® solutions, SAP Cloud Platform, and define their roadmap, architecture and strategy. TCS’ innovation and demo centers in Cincinnati-US, Paris-France, Mumbai-India and Tokyo-Japan help customers gain a first-hand experience of SAP’s new products and global innovations through a digital transformation ecosystem.

About Tata Consultancy Services Ltd. (TCS)

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India’s largest multinational business group, TCS has over 453,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22 billion in the fiscal year ended March 31, 2020, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS’ proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index.

To stay up-to-date on TCS global news, follow @TCS_News

TCS media contacts:

Asia Pacific

Email: [email protected] | Phone: +65 9138 4370

Australia and New Zealand

Email: [email protected] | Phone: +61 422 989 682

Benelux

Email: [email protected] | Phone: +31 615 903387

Canada

Email: [email protected] | Phone: +1 647 790 7602 

Europe

Email: [email protected] | Phone: +46 723 989 188

India

Email: [email protected] | Phone: +91 22 6778 9960 

Middle East & Africa

Email: [email protected] | Phone: +00971567471988

Japan

Email: [email protected] | Phone: +81 80-2115-0989

Latin America

Email: [email protected] | Phone: +569 6170 9013

Nordics

Email: [email protected] | Phone: +46 70 317 80 24

UK

Email: [email protected] | Phone: +44 20 3155 2421

USA

Email: [email protected]  | Phone: +1 203-984-3978

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SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Alibaba Group Holding Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Alibaba Group Holding Limited and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Alibaba Group Holding Limited (“Alibaba” or “the Company”) (NYSE: BABA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between October 21, 2020 and November 3, 2020, inclusive (the ”Class Period”), are encouraged to contact the firm before January 12, 2021.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Alibaba held a 33% ownership stake in Ant Small and Micro Financial Services Group Co., Ltd. (“Ant Group”), which planned an initial public offering (“IPO”) for October 2020. Alibaba failed to disclose that Ant Group did not meeting the qualifications for listing. Upcoming changes to Fintech regulations would seriously impact Ant Group. Ant Group’s IPO was likely to be suspended. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Alibaba, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

The Schall Law Firm

Brian Schall, Esq.

www.schallfirm.com

Office: 310-301-3335

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Legal Professional Services

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