PPM

Fideres Study Finds that UK Energy Providers May Have Consistently Discriminated Against Protected Minorities For Over 10 Years

Retrieved on: 
Thursday, December 14, 2023

This Christmas season, households across the UK will be hit with soaring energy bills as prices rise for the winter – but some will feel the pinch more than others.

Key Points: 
  • This Christmas season, households across the UK will be hit with soaring energy bills as prices rise for the winter – but some will feel the pinch more than others.
  • Customers on a prepayment meter (PPM) historically paid £100-£270 per year more than the cheapest direct debit tariffs.
  • And unlike, the general population, most prepayment customers are either minority ethnic, a single parent, or disabled.
  • These protected groups consequently overpay £200 – £500 million per year without justification, for at least the past 10 years.

PPM America Repeats As One of the “Best Places to Work in Money Management”

Retrieved on: 
Monday, December 11, 2023

For the fourth time, PPM America, Inc. (PPM) has been named one of the Best Places to Work in Money Management by Pensions & Investments.

Key Points: 
  • For the fourth time, PPM America, Inc. (PPM) has been named one of the Best Places to Work in Money Management by Pensions & Investments.
  • View the full release here: https://www.businesswire.com/news/home/20231211862067/en/
    The Polar Plunge supporting the Special Olympics is one of the many philanthropic activities PPM America participates in throughout the year.
  • Since 2012, Pensions & Investments has produced the Best Places to Work in Money Management list to highlight top employers in the money management industry.
  • For a complete list of the Pensions & Investments’ Best Places to Work in Money Management 2023 winners, including PPM, and profiles of the top 100 firms across size categories, go to www.pionline.com/BPTW2023 .

PPM America Hires Lord Abbett Director To Global Distribution Team

Retrieved on: 
Wednesday, November 29, 2023

PPM America, Inc. (PPM) today announced the continued expansion of its Global Distribution team with the addition of Greg Balewicz as a Senior Managing Director.

Key Points: 
  • PPM America, Inc. (PPM) today announced the continued expansion of its Global Distribution team with the addition of Greg Balewicz as a Senior Managing Director.
  • Prior to Lord Abbett, Balewicz spent 17 years at State Street Global Advisors in various roles, primarily focused on institutional sales.
  • View the full release here: https://www.businesswire.com/news/home/20231129126794/en/
    PPM America continues the expansion of its Global Distribution team with the addition of Greg Balewicz as a Senior Managing Director.
  • “Greg is an excellent addition not only to the Global Distribution team but also PPM as a whole,” Seaver said.

Audacy Reports Third Quarter Results

Retrieved on: 
Thursday, November 9, 2023

Audacy, Inc. (OTC: AUDA) today reported financial results for the quarter ended September 30, 2023.

Key Points: 
  • Audacy, Inc. (OTC: AUDA) today reported financial results for the quarter ended September 30, 2023.
  • Net revenues for the quarter were $299.2 million, down 5.6% compared to $317.0 million in the third quarter of 2022
    Digital revenues were $64.8 million, up 3% compared to the third quarter of 2022
    Total operating expenses for the quarter were $580.8 million, which includes a non-cash impairment loss of $272.7 million, compared to $468.8 million in the third quarter of 2022, which included a gain on sale of $10.7 million and a non-cash impairment loss of $176.8 million
    Cash operating expenses for the quarter were $276.1 million, down 2% compared to $280.6 million in the third quarter of 2022
    Operating loss for the quarter was $281.7 million, compared to $151.9 million in the third quarter of 2022
    Adjusted EBITDA for the quarter was $23.0 million, compared to $36.3 million in the third quarter of 2022
    David J.
  • We gained revenue share in the quarter, most significantly in radio in which we have achieved accelerating share growth since the start of the year.
  • Fourth quarter is currently pacing down 9% on an as reported basis and down 4% on a same-station, ex-political basis.

Kinetic River Corp. Signs Representation Agreements With Six Sales Organizations

Retrieved on: 
Tuesday, November 7, 2023

MOUNTAIN VIEW, Calif., Nov. 7, 2023 /PRNewswire/ -- Kinetic River Corp., a leader in advanced flow cytometry instrumentation, announced today that it has signed agreements for representation of its Delaware Flow NanoCytometer™ with six sales organizations across North America. The six organizations are Precision Particle Measurements, Inc. (PPM; for Delaware, Maryland, Pennsylvania and West Virginia); New England Analytical Instruments (NEAI; for Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York City, Rhode Island, and Vermont); LB Technologies (LBT; for Alabama, Florida, Georgia, upstate New York, North Carolina, South Carolina, and Virginia); NanoBio Systems, Inc. (NBS; for Illinois, Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin); Nanostars, LLC (NS; for Arkansas, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas) and E=hv (EHV; for Alaska, Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming). In addition, NanoBio Systems will be responsible for the Canadian Provinces of Alberta, Manitoba, Ontario, and Saskatchewan.

Key Points: 
  • MOUNTAIN VIEW, Calif., Nov. 7, 2023 /PRNewswire/ -- Kinetic River Corp., a leader in advanced flow cytometry instrumentation, announced today that it has signed agreements for representation of its Delaware Flow NanoCytometer™ with six sales organizations across North America.
  • Kinetic River develops and manufactures high-performance flow cytometers and other optical analyzers.
  • They have great depth of expertise selling exactly the kind of instrumentation we specialize in," said Giacomo Vacca, Ph.D., president and CEO of Kinetic River.
  • "Kinetic River has developed the perfect complement to Particle Metrix's Nanoparticle Tracking Analysis (NTA) capabilities," said Gary Linz, CEO of Precision Particle Measurements.

PPM Builds Global Distribution Team

Retrieved on: 
Thursday, November 2, 2023

PPM America, Inc. (PPM) announces the recent additions of Jeff Seaver as the new Head of Global Distribution and Laura Beckner as Head of Consultant Relations, a newly created role.

Key Points: 
  • PPM America, Inc. (PPM) announces the recent additions of Jeff Seaver as the new Head of Global Distribution and Laura Beckner as Head of Consultant Relations, a newly created role.
  • View the full release here: https://www.businesswire.com/news/home/20231102786100/en/
    PPM welcomes the addition of Jeff Seaver as the Head of Global Distribution.
  • His previous roles also include Managing Director positions at Highland Capital Management and Loomis Sayles, where he was responsible for building out and overseeing the EMEA distribution team.
  • “Based upon their past experience on successful teams, both Jeff and Laura know that PPM has all the pieces necessary to deliver consistent results alongside tremendous client service.”

‘Deal of the Year’ Elevates SpendHQ’s Position as Global Procurement Pioneer

Retrieved on: 
Tuesday, October 31, 2023

For SpendHQ, this recognition highlights the acquisition of Per Angusta, a procurement performance management (PPM) technology company based in Lyon, France.

Key Points: 
  • For SpendHQ, this recognition highlights the acquisition of Per Angusta, a procurement performance management (PPM) technology company based in Lyon, France.
  • Facilitated by a $65M investment from Pamlico Capital, this acquisition not only expanded SpendHQ’s operational footprint but also pioneered the creation of a unified strategic procurement platform.
  • It was a ‘double bank shot with a moving backboard’ unlikely to happen,” said Tom Beaty, Founder and Chairmen of SpendHQ.
  • “We’re not just focused on delivering cutting-edge procurement solutions; we’re also nurturing a workplace environment where innovation thrives.

Adell Media's Expands Detroit's 910 AM Superstation to 104.3 HD2

Retrieved on: 
Wednesday, November 1, 2023

DETROIT, Nov. 1, 2023 /PRNewswire/ -- Following the successful launch of 910 AM Superstation - Detroit's News/Talk Radio Station in September 2023, Adell Media announced today the expansion of 910 AM's 24/7 lineup to 104.3 WOMC HD2, effective immediately.

Key Points: 
  • DETROIT, Nov. 1, 2023 /PRNewswire/ -- Following the successful launch of 910 AM Superstation - Detroit's News/Talk Radio Station in September 2023, Adell Media announced today the expansion of 910 AM's 24/7 lineup to 104.3 WOMC HD2, effective immediately.
  • 910 AM (WFDF-AM) experienced +300% growth among listeners 6+ from September 2023 to October 2023 (Source: Nielsen Audio, PPM, AQH, MoSu 6a-12m, P6+).
  • As part of the launch, Adell Media purchased a heavy media schedule on iHeartMedia's 100.3 WNIC in Detroit.
  • "910 AM Superstation is living up to its name," said Kevin Adell, Chief Executive Officer of Adell Media.

Analysis from TRACERx Study Reveals More Sensitive and Earlier ctDNA Detection in Lung Cancer Patients by Personalis' MRD Technology

Retrieved on: 
Saturday, October 21, 2023

(Nasdaq: PSNL), a leader in precision oncology, today announced the presentation of initial findings from its work with the groundbreaking TRACERx lung cancer study, marking a substantial advancement in lung cancer circulating tumor DNA (ctDNA) detection and management.

Key Points: 
  • (Nasdaq: PSNL), a leader in precision oncology, today announced the presentation of initial findings from its work with the groundbreaking TRACERx lung cancer study, marking a substantial advancement in lung cancer circulating tumor DNA (ctDNA) detection and management.
  • Lung cancer is the second most common cancer in the U.S., with an estimated 238,000 new cases and approximately 127,000 deaths forecasted for 2023.
  • For the current analysis, the teams used NeXT Personal to identify and track MRD in over 170 patients from the TRACERx cohort.
  • The study demonstrated that pre-surgical ctDNA levels with NeXT Personal could be used to classify early-stage lung cancer patients into lower- and higher-recurrence risk groups.

Buenaventura Announces Third Quarter 2023 Results for Production and Volume Sold per Metal

Retrieved on: 
Thursday, October 19, 2023

Above 2023 projections are considered forward-looking statements and represent management’s good faith estimates or expectations of future production results as of September 2023.

Key Points: 
  • Above 2023 projections are considered forward-looking statements and represent management’s good faith estimates or expectations of future production results as of September 2023.
  • 3Q23 silver production was below projections due to a negative geology reconciliation and decreased treated ore. 2023 silver guidance has been updated.
  • This new zone includes gold and copper which Buenaventura will begin processing during the fourth quarter 2023.
  • 3Q23 copper production exceeded projections as underground mine production ramp-up continued ahead of expectations during the quarter.