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Global report provides valuable insights into shopper preferences during pandemic that will drive traffic, increase revenue and improve retention

ATLANTA-Tuesday 25 August 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- PDI (www.pdisoftware.com), a leader in global solutions for the convenience retail and petroleum wholesale markets, today released findings from their 2020 C-Store Shopper Report providing insights into how consumer habits are shifting with c-store shoppers amid the backdrop of a global pandemic.

The findings provide a global perspective from 450 convenience retailers across several countries, including responses from 2,500 U.S. consumers and 150 decision-makers who work for retailers, grocers, and CPG brands.

Key findings from the survey include:

U.S. and Non-U.S. convenience retailers placed customer retention at the top of their list of current business necessities (U.S. 16%, Non-U.S. 18%).
Retailers are increasing focus ... Read more »

Patient Safety Movement Foundation Hosts Global Virtual Event On World Patient Safety Day To Mandate Patient Safety Innovation During Pandemic

IRVINE, Calif.-Tuesday 25 August 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Today, the Patient Safety Movement Foundation announced Grammy-nominated global pop icon and Go-Gos frontwoman Belinda Carlisle will perform at the Foundation’s Unite For Safe Care Virtual Event. The event will be hosted online, available globally, September 17th at 5pm Eastern Daylight Time.

“COVID-19 has exposed the safety gaps in our healthcare system that already cause 200,000 deaths a year. Ensuring better patient and health worker outcomes couldn’t be more important than it is in 2020,” Carlisle said. “The Patient Safety Movement Foundation’s ‘Unite For Safe Care’ Virtual Event is putting an important spotlight on the crisis and I’m proud to be involved.”

Unite For Safe Care i ... Read more »

PHILADELPHIA-Tuesday 25 August 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- PCI Pharma Services (“PCI” or “the Company”), a leading pharmaceutical and biopharmaceutical global supply chain solutions provider, and portfolio company of Partners Group, announced today the signing of a definitive agreement for the acquisition of a majority stake in the company by Kohlberg & Company, LLC (“Kohlberg”).

Kohlberg is a leading private equity firm headquartered in Mount Kisco, N.Y. with over 30 years of successful experience partnering with management and companies like PCI Pharma Services. Mubadala Investment Company (“Mubadala”), an Abu Dhabi-based sovereign investor, will also become a significant investor in PCI.

Partners Group, the global private markets investment manager, has agreed to the sale of its majority equity stake in PCI Pharma Services on behalf of its clients and alongside its investment partners Thomas H. ... Read more »

DENVER-Friday 21 August 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- MPEG LA, LLC issued the following statement today:

MPEG LA’s track record of independence, trust and transparency with which we have advanced patent pool licensing for nearly a quarter century speaks for itself. We do not retreat from our objective of striking a balance between patent holders and implementers to make video technologies widely available to the market on reasonable terms consistent with competition guidelines. That is who we are; no rebranding is necessary. As difficult as it may be, the goal of a single VVC patent pool license is a desirable one. While we have now learned that one party no longer takes seriously the Media Coding Industry Forum (MC-IF) process for fostering a single VVC patent pool, MPEG LA believes the MC-IF process should be given every chance to succeed and be taken seriously by an anxious market wishing for a better way. In that spirit, MPEG LA looks forward with c ... Read more »

Beeline Russia, a prominent digital operator with approximately 50 million subscribers, has selected P.I. Works to move towards experience-driven and automated network operations.

ISTANBUL-Tuesday 25 August 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Beeline, a prominent digital operator in Russia, has selected P.I. Works’ advanced network services and cutting-edge automation technology to transform its network operations and enhance customer experience.

The partnership involves the deployment of P.I. Works’ 24/7 Automated Network Management solution and its Performance Management solution for Beeline’s 2G, 3G and 4G networks with services encompassing radio, transport and core. Initial rollouts began in Moscow, Saint Petersburg and Krasnodar through intelligent operations of Beeline’s network.

According to Beeline, early results of the deployment show higher efficiencies in terms of spectrum resources, paving way for faster data sp ... Read more »

NEW YORK-Tuesday 25 August 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Moody’s Analytics is pleased to announce the addition of artificial intelligence (AI) capabilities to the CreditEdge and RiskCalc solutions. These platforms now incorporate the Moody’s Analytics Credit Sentiment Score™ tool, as well as an AI-News feed. These tools use natural language processing and news media text analytics to help customers filter out market noise and find the credit-relevant news about public and private companies in their portfolios.

Using these AI-powered features, customers can identify news stories relevant to a company’s credit risk – for instance containing news on defaults, bankruptcies, debt restructuring, lawsuits, and potential financial distress – and score them based on the sentiment of their content towards that company. Together, these resources complement the quantitative credit risk modeling capabilities of the RiskCalc and CreditEd ... Read more »

SAN MATEO, Calif.-Tuesday 25 August 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Snowflake, the cloud data platform, today announced that it publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Snowflake intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol “SNOW”.

Goldman Sachs & Co. LLC, Morgan Stanley, J.P. Morgan, Allen & Company LLC, and Citigroup will act as lead book-running managers for the proposed offering. Credit Suisse, Barclays, Deutsche Bank Securities, Mizuho Securities, and Truist Securities will act as book-running managers for the proposed offering. BTIG, Canaccord Genuity, Capital One Securities, Cowen, D.A. Davidson & Co., JMP Securities, Oppenheimer & C ... Read more »

NEVE ILAN, Israel-Tuesday 25 August 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- NANO-X IMAGING LTD (“Nanox” or the “Company”), an innovative medical imaging technology company, announced today the pricing of its initial public offering of 9,178,744 ordinary shares at a price to the public of US$18 per share. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Nanox, are expected to be US$165.2 million. In addition, Nanox has granted the underwriters a 30-day option to purchase up to an additional 1,376,812 ordinary shares at the initial public offering price, less underwriting discounts and commissions. All of the shares are being offered by Nanox.

The shares are expected to begin trading on the Nasdaq Global Market under the ticker symbol “NNOX” on August 21, 2020. The offering is expected to close on August 25, 2020, subject to customary closing conditions.< ... Read more »

LONDON-Tuesday 25 August 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Despite their geographic proximity and many commonalities, the insurance markets of Morocco, Algeria and Tunisia have significant differences – economic, demographic and cultural. A new AM Best report, “The Maghreb – One Region, Three Unique Insurance Markets,” examines the long-term prospects of the three insurance markets of the Maghreb region.

Over the past five years, all three Maghreb insurance markets have demonstrated solid growth trajectories, above global market averages. That trend is expected to persist, despite the near-term challenges of the COVID-19 pandemic and the associated economic downtown.

However, AM Best in its Best’s Market Segment Report notes there are numerous challenges in the short- to medium-term, which have the potential to limit the region’s insurance expansion. These challenges include political and economic pressures, the populat ... Read more »