Selection

Turnstone Biologics Appoints William Waddill to its Board of Directors

Retrieved on: 
Tuesday, April 16, 2024

SAN DIEGO, April 16, 2024 (GLOBE NEWSWIRE) -- Turnstone Biologics Corp. (“Turnstone” or the “Company”) (Nasdaq: TSBX), a clinical-stage biotechnology company developing a differentiated approach to treat and cure patients with solid tumors by pioneering selected tumor-infiltrating lymphocyte (Selected TIL) therapy, today announced the appointment of industry veteran William Waddill to the Company’s Board of Directors.

Key Points: 
  • SAN DIEGO, April 16, 2024 (GLOBE NEWSWIRE) -- Turnstone Biologics Corp. (“Turnstone” or the “Company”) (Nasdaq: TSBX), a clinical-stage biotechnology company developing a differentiated approach to treat and cure patients with solid tumors by pioneering selected tumor-infiltrating lymphocyte (Selected TIL) therapy, today announced the appointment of industry veteran William Waddill to the Company’s Board of Directors.
  • The Company also announced that Patrick Machado has stepped down as a member of its Board of Directors.
  • “I am pleased to welcome Will to our Board of Directors at this exciting time for Turnstone,” said Sammy Farah, M.B.A., Ph.D., Turnstone’s President and Chief Executive Officer.
  • “Will is a highly accomplished biotechnology executive and Board member, and his impressive track record and deep operational and financial acumen make him a valuable addition to our Board.

1-800-FLOWERS.COM, Inc. Reports Fiscal 2024 Third Quarter Results

Retrieved on: 
Thursday, May 2, 2024

1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading provider of gifts designed to help inspire customers to give more, connect more, and build more and better relationships, today reported results for its Fiscal 2024 third quarter ended March 31, 2024.

Key Points: 
  • 1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading provider of gifts designed to help inspire customers to give more, connect more, and build more and better relationships, today reported results for its Fiscal 2024 third quarter ended March 31, 2024.
  • Quarter-over-quarter e-commerce revenue trends continued to improve, declining 4.9% as compared with a 6.6% decline in the prior quarter.
  • Adjusted EBITDA1 loss for the quarter was $5.7 million, as compared with an Adjusted EBITDA1 loss of $5.5 million in the prior year period.
  • In response, we amplified our Work Smarter efforts and reduced our workforce during the fiscal third quarter.

Ice Wine, Vernaccia di Oristano, Barolo, Cerasuolo d'Abruzzo, and Lambrusco secure top honors in the prestigious 5StarWines & Wine Without Walls Selection at Vinitaly

Retrieved on: 
Thursday, April 11, 2024

VERONA, Italy, April 11, 2024 /PRNewswire-PRWeb/ -- The 2024 edition of 5StarWines & Wine Without Walls drew to a close a few hours ago, after three days of blind tastings by an international panel of judges. While waiting for the list of the 884 selected wines of 5StarWines & Wine Without Walls to be announced, here are the names of the wines and wineries that were awarded the 20 special Trophies.                 

Key Points: 
  • 5StarWines & Wine Without Walls, the prestigious annual wine selection event held for its 8th edition in Verona from 9-11 April, has announced a selection of 884 wines and 20 Trophy winners for this year's event.
  • For the "green" section of the Selection, the winery selected for top honors is Fattoria La Vialla di Gianni, Antonio e Bandino Lo Franco.
  • VERONA, Italy, April 11, 2024 /PRNewswire-PRWeb/ -- The 2024 edition of 5StarWines & Wine Without Walls drew to a close a few hours ago, after three days of blind tastings by an international panel of judges.
  • Over 2300 wines participated in Veronafiere's tasting event, one of the most prestigious wine selections in Italy.

Central bank asset purchases and auction cycles revisited: new evidence from the euro area

Retrieved on: 
Friday, April 19, 2024

Working Paper Series

Key Points: 
    • Working Paper Series
      Federico Maria Ferrara

      Central bank asset purchases
      and auction cycles revisited:
      new evidence from the euro area

      No 2927

      Disclaimer: This paper should not be reported as representing the views of the European Central Bank
      (ECB).

    • Abstract
      This study provides new evidence on the relationship between unconventional monetary
      policy and auction cycles in the euro area.
    • The findings indicate that Eurosystem?s asset purchase flows mitigate
      yield cycles during auction periods and counteract the amplification impact of market volatility.
    • The dampening effect of central bank asset purchases on auction cycles is more sizeable and
      precisely estimated for purchases of securities with medium-term maturities and in jurisdictions
      with relatively lower credit ratings.
    • On the other hand, central banks may influence price dynamics in these markets, most notably
      through their asset purchase programmes.
    • If so, do central bank asset purchases
      affect bond yield movements around auction dates?
    • Auction cycles are present when secondary market yields rise in
      anticipation of a debt auction and fall thereafter, generating an inverted V-shaped pattern around auction
      dates.
    • ECB Working Paper Series No 2927

      3

      1

      Introduction

      The impact of central bank asset purchases on government bond markets is a focal point of economic and
      financial research.

    • If so,
      do central bank asset purchases shape yield sensitivity around auction dates?
    • The paper provides new evidence on the effects of Eurosystem?s asset purchases on secondary market
      yields around public debt auction dates.
    • The analysis builds on previous research based on aggregate data
      on central bank asset purchases and a shorter analysis period (van Spronsen and Beetsma 2022).
    • Using
      granular data on Eurosystem?s asset purchases offers an opportunity to shed light on the mechanisms linking
      unconventional monetary policy and auction cycles.
    • Given this legal constraint, the study
      hypothesises that the effect of asset purchases on 10-year auction cycles is mostly indirect, and goes via price
      spillovers generated by purchases of securities outside the 10-year maturity space.
    • Taken together, these results provide new evidence about auction cycles in Europe and contribute to a
      larger literature on the flow effects of central bank asset purchases on bond markets.
    • Section 4 offers descriptive evidence about auction cycles in the euro area.
    • Auction cycles are defined by the presence of an inverted V-shaped pattern in secondary market yields
      around primary auctions.
    • That is, government bond yields rise in the run-up to the date of the auction and
      fall back to their original level after the auction.
    • Their limited risk-bearing capacities and inventory management operations are
      seen as key mechanisms driving auction cycles (Beetsma et al.
    • ECB Working Paper Series No 2927

      7

      Second, central bank asset purchases can alleviate the cycle by (partly) absorbing the additional supply
      of substitutable instruments in the secondary market (van Spronsen and Beetsma 2022).

    • This expectation is
      supported by several analyses on the price effects of central bank bond purchases (D?Amico and King 2013;
      Arrata and Nguyen 2017; De Santis and Holm-Hadulla 2020).
    • Empirically, previous research has provided evidence of auction cycles taking place across different jurisdictions.
    • (2016) detect auction cycles for government debt in Italy, but not in Germany, during the European
      sovereign debt crisis.
    • Research on the impact of central bank asset purchases on yield cycles around auctions is still limited.
    • Their paper provides evidence
      that Eurosystem?s asset purchases reduce the presence of auction cycles for euro area government debt.
    • Nonetheless, several questions remain open about auction cycles and unconventional monetary policy
      in the euro area.
    • Therefore, they
      provide only a partial picture of auction cycles and central bank asset purchases in Europe.
    • The use of granular data on central bank asset purchases is especially important in light of the modalities
      of monetary policy implementation of the Eurosystem.
    • Altogether, these elements motivate further investigation of the relationship between central bank asset
      purchases and auction cycles in the euro area.
    • Taken together, these results confirm that Eurosystem?s asset purchases mitigate yield cycles during auction periods and counteract the amplification impact of market volatility.
    • The findings confirm that the flow
      effects of central bank purchases on yield movements around auction dates are driven by lower-rated countries.
    • Additional analyses provide evidence for an indirect effect of purchases on auction cycles and highlight
      the presence of substantial heterogeneity across jurisdictions and purchase programmes.
    • Flow Effects of Central Bank Asset Purchases on Sovereign Bond
      Prices: Evidence from a Natural Experiment.
    • Federico Maria Ferrara
      European Central Bank, Frankfurt am Main, Germany; email: [email protected]

      ? European Central Bank, 2024
      Postal address 60640 Frankfurt am Main, Germany
      Telephone
      +49 69 1344 0
      Website
      www.ecb.europa.eu
      All rights reserved.

Turnstone Biologics Corp. Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Recent Business Highlights

Retrieved on: 
Thursday, March 21, 2024

SAN DIEGO, March 21, 2024 (GLOBE NEWSWIRE) -- Turnstone Biologics Corp. (“Turnstone” or the “Company”) (Nasdaq: TSBX), a clinical-stage biotechnology company developing a differentiated approach to treat and cure patients with solid tumors by pioneering selected tumor-infiltrating lymphocyte (Selected TIL) therapy, today reported financial results for the fourth quarter and full year ended December 31, 2023, and provided recent business highlights.

Key Points: 
  • “2023 marked a transformative year for Turnstone Biologics in which we transitioned into a publicly traded company and continued to advance our pipeline through clinical development.
  • Recently, Turnstone expanded their trials to evaluate additional solid tumor types in addition to the existing indications of breast cancer and uveal melanoma.
  • Preclinical Data Presentations at the 2023 Society for Immunotherapy of Cancer (SITC) Annual Meeting Support Ongoing Clinical and Preclinical Efforts.
  • Cash, Cash Equivalents and Short-Term Investments: As of December 31, 2023, cash, cash equivalents and short-term investments were $94.8 million.

2024 NCAA® Division I Men's and Women's Basketball Championships air on SiriusXM Canada

Retrieved on: 
Thursday, March 14, 2024

SiriusXM listeners nationwide can access tournament coverage and analysis across Mad Dog Sports Radio (channel 82), SiriusXM College Sports Radio (channel 84), and CBS Sports Radio (channel 158) both in-car and streaming on the SiriusXM app.

Key Points: 
  • SiriusXM listeners nationwide can access tournament coverage and analysis across Mad Dog Sports Radio (channel 82), SiriusXM College Sports Radio (channel 84), and CBS Sports Radio (channel 158) both in-car and streaming on the SiriusXM app.
  • Tournament matchups and SiriusXM channel assignments will be available at siriusxm.ca/sports starting Monday, March 18.
  • SiriusXM College Sports Radio (SiriusXM channel 84) will air Selection Sunday specials from 5 – 11 pm ET.
  • The official NCAA Tournament Selection Show produced by Westwood One will air on CBS Sports Radio (SiriusXM channel 158) from 6 – 9 pm ET.

Turnstone Biologics to Participate in Upcoming Investor Conferences

Retrieved on: 
Wednesday, February 21, 2024

SAN DIEGO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Turnstone Biologics Corp. (“Turnstone” or the “Company”) (Nasdaq: TSBX), a clinical-stage biotechnology company developing a differentiated approach to treat and cure patients with solid tumors by pioneering selected tumor-infiltrating lymphocyte (Selected TIL) therapy, today announced that members of its senior management team will participate in the following investor conferences:

Key Points: 
  • SAN DIEGO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Turnstone Biologics Corp. (“Turnstone” or the “Company”) (Nasdaq: TSBX), a clinical-stage biotechnology company developing a differentiated approach to treat and cure patients with solid tumors by pioneering selected tumor-infiltrating lymphocyte (Selected TIL) therapy, today announced that members of its senior management team will participate in the following investor conferences:

Turnstone Biologics Announces the Passing of Chief Legal Officer P. Joseph Campisi, Jr., Esq.

Retrieved on: 
Tuesday, February 20, 2024

Sammy Farah, M.B.A., Ph.D., Turnstone’s President and Chief Executive Officer, commented, “This is a moment of profound sadness for those of us who had the privilege of knowing Joseph.

Key Points: 
  • Sammy Farah, M.B.A., Ph.D., Turnstone’s President and Chief Executive Officer, commented, “This is a moment of profound sadness for those of us who had the privilege of knowing Joseph.
  • Joseph will be deeply remembered for his remarkable passion, intellectual curiosity, exemplary character and integrity, and unwavering dedication to improving the lives of people living with cancer.
  • On behalf of the entire Turnstone team, I would like to extend our sincerest sympathies to Joseph’s family and loved ones.”
    Dr. Farah continued, “With Joseph’s passing, Turnstone has suffered a great loss.
  • However, the Company is confident that the rest of the management team will continue to lead Turnstone forward and capitalize on the legal and compliance principles that Joseph established at Turnstone."

Grove Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024

DTC Net Revenue Per Order was $66.83 in the fourth quarter of 2023, another record for Grove, up 2.4% quarter-over-quarter and 5.4% year-over-year.

Key Points: 
  • DTC Net Revenue Per Order was $66.83 in the fourth quarter of 2023, another record for Grove, up 2.4% quarter-over-quarter and 5.4% year-over-year.
  • Plastic Intensity Across the Entire Grove Business - including both Grove Brands and third-party products through online sales and retail partners - was 1.07 pounds of plastic4 per $100 in net revenue in the fourth quarter of 2023, an improvement from 1.11 pounds in the third quarter of 2023 and 1.08 pounds in the fourth quarter of 2022.
  • Plastic Intensity for Grove Brands Only across online and retail sales was 1.07 pounds of plastic per $100 in revenue in the fourth quarter of 2023, an improvement from 1.14 pounds in the third quarter of 2023, but up from 0.98 pounds in the fourth quarter of 2022.
  • Excluding this product category, Grove Brands plastic intensity was 0.57 pounds in the fourth quarter of 2023, an improvement from the third quarter of 2023 of 0.63 pounds but slightly up from 0.56 pounds in the fourth quarter of 2022.

CHICAGO NAMED TOP METRO FOR CORPORATE INVESTMENT, 11 YEARS IN A ROW BY SITE SELECTION MAGAZINE

Retrieved on: 
Friday, March 1, 2024

CHICAGO, March 1, 2024 /PRNewswire/ -- Mayor Brandon Johnson, alongside representatives from World Business Chicago and key figures from the Greater Chicagoland Economic Partnership, gathered at S&C Electric in Chicago's Rogers Park neighborhood to announce that, for the eleventh consecutive year, Chicago has secured the prestigious title of the top metro area in the United States for corporate investment, according to Site Selection magazine. This ranking underscores Chicago's sustained appeal as a prime destination for business growth and development.

Key Points: 
  • Chicago: #1 U.S. Metro for Corporate Relocation & Site Selection, 11 years running, by Site Selection Magazine
    "Access to diverse talent, global connectivity and the City's strong infrastructure are among the reasons why Chicago has been ranked a top metropolitan area for selection and corporate relocation for 11 years," said Mayor Brandon Johnson.
  • Congratulations to all those involved in making this happen and thank you to Site Selection magazine for this recognition."
  • Kane County Board Chairman Corinne Pierog: "The recognition from Site Selection magazine highlights the region's allure for new businesses and investments.
  • This continuous recognition by Site Selection magazine affirms that our city and metro area stand as beacons for business growth and innovation.