LONDON, March 18, 2022–(BUSINESS WIRE)–Membership Collective Group Inc. (NYSE: MCG) (“MCG”, “Company”, “we” or “our”), a global membership platform of physical and digital spaces that connects a dynamic group , diverse and global membership, today announced that its Board of Directors and a relevant subcommittee thereof have authorized a share repurchase program to repurchase up to US$50 million from Class A common shares of the company.

Under the share repurchase program, the Company is authorized to repurchase outstanding Class A common stock from time to time in the open market or in over-the-counter transactions in the United States.

The timing and amount of share repurchases will depend on a variety of factors, including market conditions as well as corporate and regulatory considerations. The share repurchase program may be suspended, modified or terminated at any time and the Company has no obligation to repurchase any amount of its common stock under the program. The Company intends to make all redemptions in accordance with applicable federal securities laws, including Rule 10b-18 of the Securities Exchange Act of 1934 (the “Exchange Act”), as amended. MCG may choose to make some of these redemptions under a trading plan adopted pursuant to Rule 10b5-1 of the Exchange Act.

Ron Burkle, Executive Chairman of the Board of Directors, said, “This milestone reflects our belief in the favorable long-term opportunities before us, given the scale and pace of the company’s international growth. .

With an accelerated pipeline of nine new Soho House openings this year and eight to ten a year thereafter, along with increased demand for memberships, expansion into new markets and positive post-Covid momentum, we remain increasingly confident in MCG’s future performance.”

Forward-looking statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements in this release that do not relate to historical facts should be deemed to be forward-looking statements, including, without limit, statements regarding our expected financial performance and operating performance for future periods, and statements that include the words “expect”, “intend”, “plan”, “believe”, “project “, “expects”, “estimates”, “may”, “should”, “anticipates” and similar statements of a future or forward-looking nature. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors which may cause actual results, performance or achievements to be are materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. , including the material factors discussed under the heading “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended January 2, 2022 and, as such, such factors may be updated from time to time. in our other filings with the SEC, which are available on the SEC’s website at www.sec.gov. In addition, we operate in a rapidly changing environment. New risks appear from time to time. It is not possible for our management to predict all risks, nor to assess the impact of all factors on its business or the extent to which any one factor, or combination of factors, may cause the results actual differ significantly from those contained in the forecasts. – forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this release are inherently uncertain and may not occur, and actual results could differ materially and adversely from those anticipated or implied in the statements. prospective. Accordingly, you should not rely on forward-looking statements as predictions of future events. Additionally, any forward-looking statements made in this release relate only to events or information as of the date the statements are made in this release. Except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unforeseen events. events.

The story continues

About the Collective Membership Group:

The Membership Collective Group (MCG) is a global membership platform of physical and digital spaces that connects a dynamic, diverse and global group of members. These members use the MCG platform to work, socialize, connect, create and thrive anywhere in the world. We started with the opening of the first Soho House in 1995 and remain the only company to have developed a private membership network with a global presence. Members around the world engage with MCG through our global collection of 33 Soho Houses, 9 Soho Works, The Ned in London, Scorpios Beach Club in Mykonos, Soho Home – our interiors and lifestyle brand – and our digital channels. LINE and Saguaro hotels in North America are also part of MCG’s broader portfolio.

For more information, please visit www.membershipcollectivegroup.com.

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220318005423/en/

contacts

Investor Relations
[email protected]
Media and press
Jacob Hesket
[email protected]

The key stock profile investors should be looking for right now: top performing stocks that have been significantly discounted in recent months and are waiting for a rebound. In the tech small-mid cap growth space, HubSpot (NYSE: HUBS) stands out as a name that has continued to deliver outstanding fundamental performance alongside a decline in its share price.

HubSpot, for investors unfamiliar with the name, is a CRM platform that focuses on “inbound marketing” — or selling to customers who have already engaged with a brand. Over the years, HubSpot has added a number of modules, most recently Operations Hub, which helps companies organize and manage customer data while automating internal workflows. Each of HubSpot’s products is priced at different levels for entry-level and pro users, which has helped the company capture a very large user base:

HubSpot’s fundamentals and its stock price have existed in different universes over the past two quarters. Even though HubSpot shattered Wall Street expectations and maintained its furious >40% y/y revenue growth space, despite its already massive momentum, its stock price lost almost half its value from the highs. . To date alone, HubSpot shares are down about 25%:

In early November, before the tech crisis began, I wrote a note on HubSpot as the stock was trading in the $800s, arguing that a correction was imminent. At the time, the stock was trading at more than a >20x forward earnings multiple, which I thought was unwarranted and very risky. Now, however, with HubSpot’s much more modest valuation multiples and the fact that its fundamentals have shown no signs of slowing down, I update my view on HubSpot to bullish, and I think it’s a great buy time for this title.

Here’s an updated look at what I consider to be the main bullish drivers for HubSpot:

• Large-scale growth. As a rule, when a company reaches a revenue rate above $1 billion, it encounters saturation problems and its growth rates rarely exceed 20-30% per year. This is not the case with HubSpot. Thanks to strong sales execution and successful cross-selling of the various modules in its portfolio, HubSpot managed to maintain an incredible >40% YoY growth.
• Inbound marketing will continue to grow in importance. Companies are increasingly relying on soft marketing and social media experts to attract customers rather than direct sales (many salespeople have been laid off during the pandemic and many are not returning). HubSpot’s shares in the global CRM space will continue to expand.
• Almost pure recurring revenue base. 97% of HubSpot’s FY21 revenue came from subscription revenue. The fact that so much of HubSpot’s revenue is already locked in gives the company great revenue visibility.
• Exorbitant subscription gross margins. HubSpot has subscription gross margins of around 84% on a pro forma basis, which creates plenty of opportunities for operational leverage.
• Member of the “Rule of 40”. HubSpot delivers >40% year-over-year revenue growth on top of ~10% pro forma operating margins, which is a truly rare profile in the tech industry. These days, growth of over 40% by itself is hard to come by – and it’s rarely accompanied by profitability.

From a valuation perspective: At the current share price of close to $459, HubSpot is currently trading at a market cap of $21.08 billion. After offsetting $1.37 billion in cash and $402.7 million in debt on HubSpot’s most recent balance sheet, the company’s bottom line the enterprise value is $20.11 billion.

Meanwhile, for the coming fiscal year, HubSpot is forecasting revenue of $1.72-1.73 billion, or 32-33% year-over-year growth:

Within this revenue range, HubSpot trades at 11.6x EV/FY22 turnover. Granted, we can’t call a double-digit revenue multiple “cheap” in today’s market, where most software stocks have fallen to single-digit multiples – but I would say the current revenue growth of HubSpot > 40% y/y at scale Plus, its 10% pro forma operating margins are more than deserving of a sizable premium. I could easily see HubSpot expanding to ~16x FY22 revenue before it was deemed “expensive,” indicating a price target of around $610.

In short: while HubSpot certainly needed a correction from November levels, macro volatility resulted in a sharp correction that was deeply disproportionate to HubSpot’s true fundamentals. Buy the dip here.

Q4 Download

Now let’s discuss HubSpot’s latest Q4 results in more detail. The fourth quarter revenue summary is shown below:

HubSpot’s revenue grew 46% YoY in the quarter to $369.3M, beating Wall Street expectations of $357.5M (+42% YoY) with a margin of four points. Revenue growth also largely kept pace with last quarter’s 49% year-on-year growth.

New products are an important driver of year-over-year growth. Operations Hub, which HubSpot just launched last April, is proving very popular with customers and surpassed the 15,000 subscriber mark at the end of the fourth quarter. Businesses have found this tool useful for cleaning up customer data, generating reports, and getting more value from the HubSpot CRM system.

The company also recently launched HubSpot Payments, a payment processing solution aimed primarily at small customers with less than 100 employees. Now available to all HubSpot US customers, the payments product helps customers combine commerce and CRM into one platform, and HubSpot is reporting strong early traction with the product.

Overall, 60% of HubSpot customers are now “multi-hub” (or multi-product) customers, up from just 34% in 2017, which shows just how much of HubSpot’s product flywheel is. become powerful.

Here are some anecdotal comments from CEO Yamini Rangan’s prepared remarks on the fourth quarter earnings call that highlight the selling strategy that has worked well for the company over the past year:

Now let’s shift into high gear to talk about the alignment between product and go-to-market and how that drove great execution in 2021. Historically, our sweet spot has been the 20-200 employee segment. Last year, we set out to optimize the customer experience across the 3 key segments in which we operate. At the lower end, we provide a full suite that’s easy to use and easy to buy, and we provide a better experience through contactless and chat-assisted sales. We drive customer adoption of our product, and we see it in the momentum of our suite.

At the high end of the market, we continued to invest significantly in internal enablement initiatives that drive sales productivity. We’re also working to strengthen alignment between inside sales and our solution partners, and we’re seeing momentum there. The rigorous processes we have in place allow our sales team to better communicate the value of HubSpot and win high-end, higher value and ASP deals that have contributed to the strong results we’ve seen throughout the year. year.

Looking back on our accomplishments in 2021, we’ve made remarkable progress in becoming the CRM platform of choice for growing businesses. Small and medium businesses need great front-office solutions that can deliver insights to drive growth. This increase, coupled with our product innovation and go-to-market execution, gives us a strong foundation for strong growth in 2022.”

Margins also remained strong. As shown in the chart below, HubSpot’s fourth quarter pro forma operating margin was 10.3%, an improvement of 50 basis points from the fourth quarter of the prior year. For FY21 as a whole, HubSpot’s margin of 9.0% also represented a 50 basis point improvement over FY20. Recall that HubSpot’s long-term goal is to achieve an operating margin of 20-25% – but as long as the company is growing >30% per year, it wouldn’t expect to increase revenue. pro forma operating margins only 1 to 2 points. per year.

Additionally, HubSpot generated $203.3M in free cash flow in FY21, which represents a 16% FCF margin and multiplies by ~2.5x YoY. other.

Key points to remember

There’s a lot to like about HubSpot at its new lower share price. Rapid growth, abundant margins and growing TAM/continuous cross-selling momentum are now available at a much more modest valuation. Buy the dip here and wait for a short-term bounce.

The global hydrocarbon waxes market is expected to surpass a valuation of US$5 billion by 2031, growing at a CAGR of roughly 3% over the next ten years.

ROCKVILLE, MARYLAND, USA, March 15, 2022 /EINPresswire.com/ — Award-winning consulting firm Fact.MR has released a new report on the global hydrocarbon waxes market for the forecast period 2021-2031. According to the study, the demand market for hydrocarbon waxes is poised to surpass $5 billion in revenue by 2031, growing at a CAGR of around 3%. The growth is mainly supported by wide adoption in the plastic additives and paints & coatings segments.

One of the major drivers for this increased adoption in the aforementioned segments is the rapid expansion of the global construction industry. Data from Oxford Economics suggests global construction output is set to exceed US$1 trillion by 2030, registering an astronomical 85% slope, with China, India and the US contributing nearly three fifths of overall growth. As this trend becomes increasingly evident, major construction giants are leveraging the adoption of high-grade plastics, resulting in increased use of hydrocarbon waxes.

Hydrocarbon waxes improve surface properties such as water repellency, maintain coating appearance (gloss, dullness and texture), improve rheology and prevent pigment settling. The demand for paints and coatings is high in the automotive and building and construction sectors, increasing the prospects for growth. Moreover, the enhanced skin-protecting properties also provide wide scope for expansion in the cosmetics and personal care industry.

To stay “ahead” of your competition, request a sample https://www.factmr.com/connectus/sample?flag=S&rep_id=5972

Key insights from market research

By application, plastic additive manufacturing generates high demand for hydrocarbon waxes
The demand in the segment of lubrication additives is going to gain major traction over the next few years
US to See Significant Adoption in Paints & Coatings and F&B Packaging Sectors
China to emerge as dominant market in Asia amid booming infrastructure projects
India to become heavyweight in rubber production and manufacturing category

“Leading manufacturers are constantly innovating existing product offerings in hydrocarbon waxes, given their growing scope and applicability across a wide range of end-use industries, providing ample room for expansion. “, says an analyst from Fact.MR.

Get a personalization copy of this report
https://www.factmr.com/connectus/sample?flag=RC&rep_id=5972

Key Market Segments Covered

Application

Hydrocarbon waxes for lubricating adhesives
Hydrocarbon waxes for plastic additives
Hydrocarbon Waxes for Rubber
Hydrocarbon waxes for paints and coatings
Hydrocarbon waxes for metalworking fluids
Hydrocarbon waxes for other applications

Region

North America
we
Canada
Latin America
Brazil
Mexico
Rest of Latin America

Europe

Germany
France
UK
Italy
Spain
Russia and CIS
The rest of Europe

Asia Pacific
China
Japan
India
ASEAN
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of MEA

hydrocarbon waxes market

Benefits of the report and answers to key questions

Company and Brand Share Analysis of Hydrocarbon Waxes: The report offers brand share analysis in the Hydrocarbon Waxes market to offer a deeper analysis of the competition. This is intended to help businesses with proactive long-term planning.
Hydrocarbon Waxes Historical Volume Analysis: Factors affecting sales in the past are analyzed in detail. The report also offers a comparative analysis between the growth trajectory displayed in 2016-2020 and 2021-2031.
Category and Segment Level Analysis of Hydrocarbon Waxes: To offer a comprehensive analysis, the market identifies major segments and highlights key factors enabling growth in these categories.
Hydrocarbon Waxes Consumption by Demographics: Demographic analysis aims to provide recommendations to companies to help them create growth strategies around dynamic consumption patterns.
Manufacturing Trend Analysis of Hydrocarbon Waxes: The manufacturing trend analysis is the culmination of the study. It offers vital data on the strategies adopted by market players to align their manufacturing strategies with prevailing market trends.

Full access to this report is available at
https://www.factmr.com/checkout/5972

Competitive landscape
Key players profiled in the Fact.MR market study include Sasol Ltd., ExxonMobil Corp., Kerax Limited, Faith Industries Limited, Poth Hille & Company Limited, Strahl & Pitsch Inc., Blended Waxes Inc., Calwax LLC, Goyel Chemicals Corporation, Valan Wax Products Limited, AF Suter & Company Limited, Mat-Chem and King Honor International Ltd.

Goyel Chemicals Corporation, a leading Indian manufacturer, offers its range of hydrocarbon wax recommended for treating RPVC pipes and ducts. They are effective alternatives to conventional oils and waxes which possess high volatility and increase the risk of hazards
In March 2020, King Honor International Ltd. has launched a new quality of Fischer-tropsch wax for hot melt adhesives and PVC lubricants. This new grade of KH FT Wax 110 B has a high freezing point and low oil content
More information about the offer
Fact.MR, in its new offering, presents an unbiased analysis of the hydrocarbon waxes market, showcasing historical demand data (2016-2020) and forecast statistics for the period 2021-2031. The study discloses key market insights on the basis of application (lubricating adhesives, plastic additives, rubber, paints & coatings, metalworking fluids, and others) across five major regions of the world (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa).

Get more information
https://www.prnewswire.com/news-releases/modular-containers-sales-surging-at-6-cagr-through-2021-2031-amid-rising-concerns-regarding-cost-reduction-in-construction- fact-mr-301326056.html

Supriya Bhor
LEADING RESEARCH AND CONSULTANCY SERVICES
+16282511583 ext.
write to us here

“Farmers are also watching imports closely before making a decision on planting,” said a major pulse processor.

Chart of the day belongs to oil services company Precision Drilling (NYSE:PDS). I found the stock by first sorting Barchart’s list of bullish moving averages by highest weighted alpha, then using the Flipchart feature to review the charts for consistent price appreciation . Since the Trend Spotter signaled a buy on 1/5, the stock has gained 76.66%

The bullish moving average list helps you find today’s best stocks with short, medium and long term bullish moving average patterns. These large-cap stocks (greater than 300 million) have a 20-day moving average above the 50-day moving average and a 50-day moving average above the 100-day moving average. When the price is above a moving average, it signals an uptrend. Additionally, these stocks have a “Buy” signal from TrendSpotter, are within 20% of their 52-week high, and have a 20-day average volume above 25,000. These additional filters have been added to showcase the best bullish moving average stocks.

TIP: Using FlipCharts, apply your own chart template with a 20, 50 and 100 day moving average to further analyze this group of stocks.

Precision Drilling Corporation, an oil services company, provides oil and gas drilling and related products and services in North America and the Middle East. The Company operates through two segments, contract drilling services and completion and production services. The Contract Drilling Services segment provides onshore well drilling services to exploration and production companies in the oil and natural gas industry.

Services in this segment include land drilling, directional drilling and turnkey drilling; and the sourcing and distribution of oilfield supplies, as well as the manufacture, sale and repair of drilling equipment. As of December 31, 2020, it operated 227 land drilling rigs, including 109 in Canada; 105 in the United States; 6 in Kuwait; 4 in Saudi Arabia; 2 in the Kurdistan region of Iraq; and 1 in the country of Georgia.

The Completion and Production Services segment provides service platforms for well completion, workover, abandonment, maintenance and re-entry preparation services; well site accommodation; rental of oil field surface equipment; and camping and catering services to oil and natural gas exploration and production companies. This segment operated 123 well completion and workover service platforms, including 113 in Canada and 10 in the United States.

It also had approximately 1,400 oilfield rental items, including surface storage, low-flow sewage treatment, power generation, and solids control equipment; 113 accommodation units on the well site; 966 drill camp beds; 822 basic camp beds; and three cooking dinners in Canada. Precision Drilling Corporation was incorporated in 1951 and is headquartered in Calgary, Canada.

Barchart’s opinion trading systems are listed below. Please note that Barchart Opinion indicators are updated live during the session every 20 minutes and therefore may change during the day depending on market fluctuations. The indicator numbers listed below may therefore not correspond to what you see live on the Barchart.com website when reading this report.

Histogram Technical Indicators:

• 100% Technical Buy Signals
• 165.40+ Alpha weighted
• Gain of 156.36% over the past year
• Trend Spotter Buy Signal
• Above its 20, 50 and 100 day moving averages
• 10 new highs and a 48.97% gain in the past year
• Relative Strength Index 77.62%
• Technical support level at 62.45
• Recently traded at 65.86 with a 50 day moving average of 46.58

Basic factors:

• Market cap $825 million
• Revenue is expected to grow by 31.60% this year and another 10.20% next year
• Revenue is expected to increase by 79.80% this year and another 181.00% next year

Analyst and Investor Sentiment – I don’t buy stocks because everyone is buying, but I realize that if big companies and investors drop a stock, it’s hard to make money against it. -running :

• Wall Street analysts issued 4 strong buy, 7 buy and 3 hold recommendations on the stock
• Consensus target price at 85.18
• Individual investors following the action on Motley Fool voted 1,453 to 43 for the stock to beat the market, with more experienced investors voting 185 to 8 for the same result.
• 7,520 investors are watching the stock on Seeking Alpha

Summary of assessments

Factor Notes

Quantitative ranking

Sector

Energy

Industry

Oil and gas drilling

Ranked in the industry

1 of 8

Classified in the sector

29 out of 252

Ranked Overall

54 out of 4431

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53LR

¹Constant currencies are calculated by converting numbers using the average exchange rate for the previous year.
²EBITDA, earnings before interest, income taxes, depreciation and amortization, see also definition in the 2021 annual report on page 71.

Revenue growth in challenging environment
Ascom delivered solid revenue growth in 2021, despite continuing challenges from the global Covid-19 pandemic and global component shortages. Net sales increased by 3.7% (2.7% at constant exchange rates) to CHF 291.5 million (2020: CHF 281.0 million).

In 2021, the top performing areas with double-digit revenue growth (at constant currencies) were the UK, France and Spain, as well as the OEM business. The Nordic countries and the Netherlands also posted strong revenue growth rates. In the US and Canada, revenue increased slightly, while the DACH region as well as the rest of the world decreased mainly due to Covid-19 and component-related challenges also in the corporate sector.

The revenue breakdown by market segment showed a strong healthcare sector representing 68% of total revenue (2020: 67%), the enterprise sector representing 24% (2020: 27%) and the OEM business was 8% (2020: 6%) . Software & Solutions revenue increased while recurring revenue represented 25% of total revenue.

Strong growth in order intake and order backlog
In 2021, order intake increased by 6.2% to CHF 342.3 million (4.9% at constant exchange rates). The order book amounted to CHF 256.1 million (2020: CHF 215.6 million) and includes long-term contracts with a magnitude of approximately 48% of the total order book which will be relevant to revenue in 2023 and beyond.

Improved operational profitability
In 2021, gross profit increased compared to the previous year and reached CHF 136.7 million (2020: CHF 133.3 million) with a gross margin of 46.9% (2020: 47.4% ). Gross margin was impacted by higher freight costs, higher component prices in spot markets and a different product mix due to component shortages.

Due to increased volume and lower functional costs, EBITDA improved to CHF 28.7 million (2020: CHF 24.9 million), with an EBITDA margin of 9.8% (2020 : 8.9%) while EBIT increased to CHF 15.8 million (2020: CHF 11.0 million). Ascom ended 2021 with an increased net profit of CHF 13.5m (2020: CHF 6.5m), mainly driven by improved operating results. EPS increased to CHF 0.38 (2020: CHF 0.18).

Solid balance sheet structure
As of 31 December 2021, Ascom had no outstanding borrowings and its net cash therefore increased to CHF 29.5 million (31.12.2020: CHF 12.8 million). Equity amounts to CHF 80.0 million (31.12.2020: CHF 71.1 million), which represents an increase in the equity ratio to 41.1% (31.12.2020: 35.0%).

Ascom aims to become a global leader in real-time communication and collaboration
Ascom is in a unique position to offer a broad portfolio of solutions combining devices, software and services to concretely meet the rapidly changing needs of customers. Ascom aims to become a global leader in real-time communication and collaboration in the acute care, long-term care and enterprise segments.

To lead and implement the next stage of Ascom’s strategy, the Board of Directors has appointed Nicolas Vanden Abeele as the new CEO of Ascom effective February 1, 2022. Drawing on his extensive experience and background successful professional, he will continue to strengthen Ascom’s position in the market. in the areas of communication, collaboration and workflow orchestration, while improving the company’s financial performance.

Outlook
The market environment for 2022 remains challenging, but Ascom is confident that the improvements implemented and the focus on revenue and backlog conversion will result in positive business development in 2022.

Ascom is targeting single-digit revenue growth for fiscal year 2022 and targets an EBITDA margin improvement of around 100 basis points compared to 2021.

Ascom sees a clear path to double-digit revenue growth over the next few years and expects an annual EBITDA margin improvement of around 100 basis points through 2025.

Proposals to the 2022 Annual General Meeting
The Board of Directors proposes to the shareholders the payment of a dividend of CHF 0.20 per share, representing a distribution rate of 53% of the Group’s profit.

All current board members will stand for re-election. The Board of Directors has also decided to renew the audit mandate and proposes KPMG as a new auditor.

Due to the expiry of the existing authorized capital, the board of directors will propose to the shareholders to adapt the articles of association in order to renew the authorization of the authorized capital for a new period of two years.

KEY FIGURES FISCAL YEAR 2021

The full Ascom Group 2021 Annual Report and 2021 Annual Results Presentation are available in English and downloadable online at: https://www.ascom.com/investors/reports-and-presentations/

the online 2021 Eall-Yeshear C-resultsconference starts at 10:00 CET on Tuesday8 march 2022.

Financial analysts and media representatives can join Ascom conference call in which questions can be asked during the Q&A session after the presentation.

Compose:Link the conference call
(for financial analysts and media representatives only)

Additionally, a live audio webcast which will be provided. This is a non-interactive live audio webcast showing the presentation slides. However, the webcast does not allow questions to be asked. The Q&A session will be broadcast.

Webcast:Live Audio Webcast Link

Attachments

This document does not constitute an offer or solicitation to subscribe, buy or sell securities. This document is not published in the United States of America or the United Kingdom and must not be distributed in any jurisdiction in a manner where such distribution would not comply with regulatory requirements. In particular, this document may not be distributed in the United States, to United States persons, or to publications of general distribution in the United States. Further, Ascom securities have not been and will not be registered in any jurisdiction outside of Switzerland. Securities of Ascom may not be offered, sold or delivered and no solicitation to buy such securities may be made in the United States or to US Persons absent an applicable exemption from the registration requirements of securities laws or in any other jurisdiction and in a manner where such offer, sale, delivery or solicitation may not comply with regulatory requirements (including in the United Kingdom).

New York Jets veteran wide receiver option roster dropped two names on Monday

Adding an expensive name to the wide receiver position is something many New York Jets fans hoped the team would do in the 2022 offseason.

On Monday, the Jets’ chances of achieving that goal took a big hit.

Two of the Jets’ most realistic options are no longer available: Chris Godwin of the Tampa Bay Buccaneers (unrestricted free agent) and Calvin Ridley of the Atlanta Falcons (trade block).

Ian Rapoport of the NFL Network reported that Ridley was suspended for a year for playing NFL games during the 2021 season.

#Hawks WR Calvin Ridley has been suspended for a year for betting on NFL games during the season.

— Ian Rapoport (@RapSheet) March 7, 2022

Ridley played five games during the 2021 season before walking away from the team for what he cited as mental health reasons, missing the rest of the year after the Falcons placed him on the list of non-football related injuries (NFI). While he was away, Ridley bet on games, including Falcons games.

Mike Garafolo of the NFL Network reports that the NFL’s investigation of Ridley “did not uncover any evidence to indicate that inside information was used or that a game was compromised in any way.”

A source briefed on the NFL’s investigation into Calvin Ridley’s play tells me the bets involved the #Hawks.

The NFL’s statement said the investigation “did not uncover any evidence to indicate that inside information was used or that a game was compromised in any way.”

—Mike Garafolo (@MikeGarafolo) March 7, 2022

With Ridley entering a contract year in 2022, trade rumors began to circulate once it was clear his relationship with the team was fracturing. NFL Network’s Steve Wyche appeared on a radio show in Atlanta in January and said “it looks like both sides might be looking for a fresh start.”

Asked if Calvin Ridley’s future with the Falcons is in jeopardy @wyche89 recount @MikeBellATL & @putemupcdukes ” I think so. The fact that he and the team have been so quiet and he hasn’t surfaced, it seems both parties might be looking for a fresh start. #dirtybirds

— DukesandBell929 (@DukesandBell929) January 4, 2022

Also on Monday, it was reported that the Buccaneers are set to use the franchise tag on Chris Godwin, according to USA Today Sports’ Tyler Dragon.

The Bucs are expected to franchise tag WR Chris Godwin before Tuesday’s deadline, per source.

— TylerDragon (@TheTylerDragon) March 7, 2022

This is the second straight year that Tampa Bay has passed Godwin. He earned $15,983,000 on the tag in 2020. A second consecutive tag requires the player to earn 120% of his previous salary, so Godwin would earn $19,179,600 this season if he plays there without signing a deal long-term.

With Godwin and Ridley now off the market, the Jets find themselves with a shrinking list of options to find a star-caliber upgrade for their wide receiver.

Green Bay’s Davante Adams is set to become a free agent, although he may be in the hunt for a record deal in his 30s. The Cowboys’ Amari Cooper appears to be on the verge of leaving his Dallas as the team will reportedly try to seek a trade and then release Cooper if they can’t process him.

The Cowboys are “likely” to release WR Amari Copper by the start of the league’s new year, according to league sources.

Cooper owes $20 million in fully guaranteed money on the fifth day of the league’s new year, March 20.

— Adam Schefter (@AdamSchefter) March 4, 2022

Chicago’s Allen Robinson is a free agent. He has star-caliber talent, as he entered 2021 after back-to-back seasons with over 1,110 yards and seven touchdowns, but he endured a very disappointing 2021 season.

New Orleans’ Michael Thomas and Houston’s Brandin Cooks are two other multiple 1,000-yard receivers rumored to be candidates for the trade block.

Apart from these players, the 2022 wide receiver market lacks other bonafide stars. However, the free agency pool has some intriguing complementary names like Mike Williams, Christian Kirk, Michael Gallup, DJ Chark and JuJu Smith-Schuster.

Artificial Intelligence (AI) is taking the tech industry by storm. We are seeing an increase in integrated solutions with virtual assistants and chatbots, with large enterprises integrating AI across the entire technology stack. A recent report suggests that the global AI market will have a valuation of $190.61 billion by 2025, and the expected annual growth rate will be around 33.2%.

Artificial intelligence and related technologies make our existing solutions even smarter and help us unlock the power of data. Machine learning algorithm, computer vision, natural language processing and deep learning are now easy to integrate with any solution or platform.

Artificial intelligence can disrupt critical business processes such as collaboration, control, reporting, planning, etc. In this blog, we will discuss ways for organizations to implement AI effectively and efficiently.

Search and understand

First, familiarize yourself with what enterprise AI can do for your business. In addition to consulting pure AI companies who can advise you on the best course of action, there is also a wealth of information available online to familiarize yourself with. Some universities like Stanford offer online articles and videos on techniques, principles, etc. of AI. Your tech team can check out Microsoft’s open source Cognitive Toolkit, Google’s TensorFlow open source software library, AI Resources, The Association for the Advancement of Artificial Intelligence (AAAI)’s Resources, MonkeyLearn’s Gentle Guide to Machine Learning and other paid and free resources available. More research gives you a head start, and you’ll know what you’re getting into as an organization, how to plan for it, and what to expect at the end.

Identify the use case

Once you know what AI can do, the next step is to identify what you want AI to do for your business. Consider how to add AI functionality to your products or services. Build specific use cases in mind for how AI can solve some of your challenges and add value to your business. For example, if you’re reviewing your existing technology program and its challenges, you should have a solid case for how image recognition, ML, or others can fit into the product and its usefulness.

Financial value of the attribute

Once these use cases are ready, assess their potential business impact and project the financial value of the identified AI implementations. Tying business value to AI initiatives will ensure that you don’t get bogged down in the details and always put results at the center. The second part is to prioritize AI initiatives. Put all of your initiatives into a 2X2 matrix of business potential and complexity, and this will give you a clear picture of which ones to pursue first.

Identify skills gaps

Once you’ve prioritized your AI initiatives, it’s time to check if there are enough ingredients in the kitchen. It is one thing to want to accomplish something and another to have the ability to organize it. Before launching a full AI implementation, you can assess your internal capacity, identify skills gaps, and then decide on a course of action. You can hire additional resources or partner with pure-play product engineering companies that specialize in AI.

Pilot led by PME

Once you’re ready as a business, start building and integrating AI into the business stack. Have a project mindset, and most importantly, make sure you don’t lose sight of business goals. You can consult with subject matter experts in the space or external AI consultants to make sure you’re on the right track. Your pilot will give you a taste of what the long-term implementation of an AI solution will entail. The pilot will make the case even stronger and you can decide if it still makes sense for your business. But for the pilot to be successful, you’ll need a team of your people and people who know AI to keep it unbiased. Having external SMEs or consulting partners is a great added value at this stage.

Massage your data

High-quality data is the foundation for a successful AI/ML implementation. Cleansing, massaging, and processing your data is key to getting better results. Typically, business data resides in multiple silos and various systems. Form a small unit, especially cross-functional, to integrate different datasets, resolve inconsistencies, and ensure the result is high-quality data.

Take baby steps

When you start, start small. Apply AI to a small dataset to perform in-depth testing. Then, gradually, you can increase the volume and collect continuous feedback.

Plan storage

Once your small dataset is up and running, you need to start thinking about additional storage to implement the full solution with full data entry. The performance of the algorithm is just as important as its accuracy. To handle large volumes of data with greater accuracy, you need a high-performance solution backed by fast, optimized storage.

Manage change

AI provides better insights as well as automation. But it’s a big change for employees because they are expected to operate differently. Some employees are more suspicious than others, and they need to embrace change positively. You will need a formal change management initiative to introduce the new AI solution augmenting their daily tasks.

Build safely and optimally

Usually, companies start building AI solutions around specific aspects or challenges without investigating the limitations or requirements of the solution as a whole. This will result in sub-optimal or dysfunctional and sometimes also insecure solutions. You will need a balance between storage, graphics processing unit (GPU), and network to achieve an optimal level. Security is also mostly overlooked, and most companies realize this after implementation. Make sure you have security measures in place such as data encryption, VPNs, anti-malware, etc.

Implementing AI is no small feat and challenges can arise at every step. But with every technology, the challenges associated with adoption are the toughest. Data literacy and trust are the two pillars for the introduction of any new technology. Another important aspect of AI initiatives is that they mature with your data management strategy. You will need both to operate in parallel to be successful.

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Nalu Medical announces the “Haleakalā” update, significantly updating the software and firmware of its award-winning Nalu Neurostimulation System.

CARLSBAD, Calif., February 24, 2022 /PRNewswire-PRWeb/ — Nalu Medical (“NALU”) announces the “Haleakalā” update, significantly updating the software and firmware of its award-winning Nalu Neurostimulation System. This update adds important new features for Spinal Cord Stimulation (SCS) and Peripheral Nerve Stimulation (PNS).

The update expands the pacing pulse width setting to the widest range currently available in implantable SCS and PNS systems, up to 2000 microseconds. The Nalu Neurostimulation System is optimized to use this power-hungry setting with its portable external battery. This means healthcare teams can schedule Nalu patients for their exact therapy needs without worrying about depleting an implantable battery or accelerating the need for battery replacement surgery.

“Each patient’s pain is unique and having the ability to prescribe a wide range of stimulation options is important,” said Robert M. LevyMD, PhD from the Neuromodulation Institute of Boca Raton, Florida. “Stimulation pulse-width modulation has the potential to selectively recruit particular nerve fibers that could benefit patients with difficult-to-treat pain. intractable chronic pain.

The update also unlocks Activity Monitor 1.0, a patient activity monitoring capability that uses sensors built into the system’s therapy disc and stores a 30-day activity history viewable by healthcare teams and the patients.*

dr. Aaron Calodney from Precision Spine Care in Tyler, TX and former president of the American Society of Interventional Pain Physicians explains why this matters. “Activity monitoring reveals objective, measurable activity changes associated with patients’ daily living away from the clinic, increasing pain scores and self-reported activity changes. This can help disease management teams pain to understand the impact of therapies beyond the pain score.”

The story continues

Like a smartphone operating system, the Nalu Neurostimulation System can be updated with a simple download, allowing existing patients as well as new patients to benefit from current and future enhancements to Nalu technology.

According to Count FenderCEO of Nalu, “We recognize that chronic pain is an ever-evolving condition for patients, and therefore healthcare teams need an ever-evolving toolkit of treatment options and tools. information. This update is in line with our commitment to continuously provide patients with the latest technology and innovation. This is another significant upgrade to our award-winning Nalu Neurostimulation System that not only benefits new patients , but retroactively gives existing patients access to our latest technical developments.

*Any interpretations made from this information are not intended to replace traditional methods of diagnosis or treatment. The healthcare provider is not expected to interpret or take clinical action based on this result. This is for information only.

About Nalu Medical

Nalu is a Carlsbad, Californiaspecializing in the development and commercialization of innovative and minimally invasive solutions for patients suffering from chronic neuropathic pain. The Nalu Neurostimulation System delivers gentle electrical impulses to the nervous system to modulate pain signals to the brain. The Nalu System was designed to address key unmet needs in the treatment of chronic neuropathic pain and provide a differentiated value proposition for patients and physicians.

About the Nalu Neurostimulation System

The Nalu System consists of a miniaturized, battery-free, fully-featured implantable pulse generator (IPG), wirelessly powered by an externally worn therapy disc and controlled via a smartphone remote control app. Despite its small size, Nalu’s micro-IPG offers similar processing capabilities to larger IPGs along with unique benefits associated with advanced waveforms, extensive programming options, exceptional scalability and expected life 18 years old. The Nalu Neurostimulation System is currently FDA cleared for Spinal Cord Stimulation (SCS) and Peripheral Nerve Stimulation (PNS) indications. To learn more, visit http://nalumed.com.

Indications for use

Spinal Cord Stimulation – The Nalu SCS System is indicated as a sole mitigating agent or as an adjunct to other modes of therapy used in a multidisciplinary approach for chronic and intractable trunk and/or extremity pain, including unilateral pain or bilateral. Trial devices are only used for trial stimulation (≤ 30 days) to determine effectiveness before recommending a permanent (long-term) device.

Peripheral Nerve Stimulation – The Nalu PNS System is indicated for the management of pain in adults with chronic severe and refractory pain of peripheral nerve origin, either as a sole mitigating agent or as an adjunct to other modes of treatment used in a multidisciplinary approach. The Nalu Neurostimulation System for PNS is not intended to treat pain in the craniofacial region. Trial devices are only used for trial stimulation (≤ 30 days) to determine effectiveness before recommending a permanent (long-term) device.

Nalu, the Nalu logo, nPower, and the “designed to be more” slogan are registered trademarks of Nalu Medical, Inc.

Media Contact

Jon RuaisNalu Medical, Inc., (760) 448-2360, [email protected]

SOURCENalu Medical, Inc.

Potential shortfalls in agricultural supply on world markets

As the Russian military is about to conduct a hostile takeover of Ukraine, energy and gold prices are skyrocketing, as I predicted in my SA article published on January 16, 2022 Energy and Gold Prices to Soar After Likely Russian Invasion; global food prices can rise as dramatically as their energy and gold counterparts.

Russian military ground forces are at various points on the Ukrainian border and the Russian Navy controls the Black Sea, effectively blocking five critical Ukrainian ports used for grain exports: Odessa, Mykolaiv, Kherson, Mariupol and Berdyansk. It remains to be seen whether Ukraine’s agribusiness will be able to plant, harvest and sell its agricultural products for export. In terms of timing, planting takes place in spring and harvesting in late summer and early fall.

Due to the above-mentioned uncertainties, there could be a considerable shortfall in crop yields and/or limitations or restrictions on Ukrainian agricultural exports, the breadbasket and export powerhouse of Europe, whether due a temporary blockade or a long-term limit or restriction.

For these reasons, I believe that agricultural commodity prices have strong upside potential to remain high in the short to medium term beyond current inflationary trends. Furthermore, I think that the markets have not priced in this additional risk, which presents excellent buying opportunities.

Invest in agricultural funds

The following list of agricultural funds includes options for broad-based or more specific investing.

As a reminder, regarding their fundamental differences, an ETF invests in a fund of the asset it tracks while an ETN is like a bond, an unsecured debt security issued by an institution.

Farming | wide base

• Teucrium Agricultural Fund (TAGS)
• iPath Series B Bloomberg Agriculture Total Return ETN Sub-Index (JJA)
• ITEMS related to the Rogers International Commodity Index – Agriculture Total Return ETN (RJA)

Wheat

• Teucrium Wheat Fund (WEAT)

But

• Corn Fund Teucrium (CORN)

Cereals

• iPath Series B Bloomberg Grains Total Return ETN Sub-Index (JJG)
• ITEMS related to ICE BofAML Commodity Index eXtra Grains Total Return (GRU)

Downside risk

My prediction of a sharp increase in prices for agricultural products due to potential or actual hostilities in Ukraine could be dampened by exports from agricultural powers such as the United States, Canada, Brazil and other European countries to countries that are heavily dependent on Ukrainian agricultural exports.

However, I think there would be a gap between actual restrictions on Ukrainian exports and subsequent replacement exports from the aforementioned countries. Also, there will always be a shortfall to meet any normal demand due to the lack of ships available to transport the goods.

Overview of Ukrainian Agriculture

The importance of Ukrainian grain production and exports cannot be overstated. The 2022 agricultural yield predicts a considerable increase compared to previous years. Ukraine’s average annual yield is three times its domestic needs, making it one of the largest agricultural exporters in the world.

The following data are details for each crop provided by the Global Data Center for Geoinformatics and Sustainable Development:

• Ukraine’s grain production consists of wheat, corn, barley and rye.
• 4^and largest maize exporter (eastern and southern Ukraine), planted in April/May, harvested in September; and barley (eastern Ukraine), planted in April and harvested in August.
• 6^and largest wheat exporter (south and south-central Ukraine). It is a winter wheat sown in the fall and harvested the following summer.
• 7^and leading exporter of soybeans.
• World’s leading exporter of sunflower seed oil (southern and eastern regions), planted in April harvested in September. It is their most profitable crop due to low production costs and high demand.
• Most exports are sent to Spain and Italy, North Africa, the Middle East and East Asia (China, Japan, Korea).
• Russian and Ukrainian cereal production represents 30% of the world stock, a market share that has doubled since 2014.

World food supply and prices

World food prices started to climb dramatically in 2021 and will accelerate in 2022. The pre-war market factors are as follows:

• Higher prices for pesticides.
• Higher prices for fertilizers.
• Severe weather events such as floods and droughts have had a negative impact on crop yields.
• Labor shortage in logistics and agricultural services.
• Global supply chain disruptions.

Finally, the food export restriction policy of even small countries has an impact on world food prices, as illustrated on the following link called the exponential domino effect in which a seemingly small and insignificant factor becomes a powerful multiplier effect that triggers an outsized crisis far beyond its national borders.

An example is that in 2021, Russia imposed export taxes on its grain harvest to keep more stocks at home. For this reason, countries that purchased grain from Russia were forced to seek alternative sources such as neighboring Ukraine.

The following table titled Food Price Index of the Food and Agriculture Organization of the United Nations (FAO) indicates an explosive increase in prices in major food categories. These food prices will skyrocket when war rages in Ukraine.

Russia and Ukraine are doing very well in a water-starved world

Russian and Ukrainian agricultural production has experienced dazzling success with abundant harvests and whose harvesting regions have avoided, by default or on purpose, water stress. While most other countries will struggle with grain production in the future, Russian and Ukrainian grain production will be robust, giving them increased market share and better price leverage.

The following table is titled Where water stress will be highest by 2040 provided by the World Sources Institute via the Economist Intelligence Unit forecast this trend globally for the next 18 years. The UN defines “water stress” as when a country withdraws at least 25% of its renewable freshwater supply.

Conclusion

A Russian invasion and occupation will further squeeze an already tight food market as many governments have, officially and unofficially, limited or even outright banned the export of domestic agricultural products. This was done for purposes of food security and keeping food prices affordable to avoid socio-political instability.

For all the above reasons, I foresee a dramatic increase in agricultural prices and recommend investing in the agricultural sector.