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Industry-Leading System Enables Lenders to Increase Efficiency and Lower Operating Costs VANCOUVER, BC / ACCESSWIRE / December 3, 2024 / Inovatec Systems , a leading provider of cloud-based software solutions for lenders, announced that Northwest Bank has deployed Inovatec's Loan Origination System (LOS) to manage the bank's loan origination processes and workflows. Northwest Bank will leverage the Inovatec system to handle application processing, decisioning, reporting, and compliance needs for its automotive and power sports lending activities. Headquartered in Columbus, Ohio, Northwest Bank serves consumers and businesses throughout Pennsylvania, New York, Ohio, and Indiana. "The Inovatec LOS gives us a number of competitive advantages, including faster decisioning and fulfillment, greater accuracy, and lower operating costs," said John Guidone, Senior Vice President - Head of Consumer Lendingat Northwest Bank. "This system also allows us to deepen our relationships with both dealers and consumers by offering a fast, easy-to-use method to book loans. These attributes are extremely important in today's competitive environment, where there are a plethora of financing providers to choose from." Inovatec's LOS is designed to automate and streamline every aspect of the loan origination process, including application scoring, decisioning, and reporting. Its cloud-based architecture optimizes scalability and configurability, enabling lenders to adjust lending programs to meet evolving business opportunities. The system offers a comprehensive document management capability, and integrates with leading third-party services, such as income verification, fraud detection, and payment acceptance capabilities, adding increased value to lenders. "We are very pleased that Northwest Bank, which has an outstanding presence and reputation in the Eastern United States, has adopted the Inovatec LOS system to handle its loan origination needs," said Vlad Kovacevic, Chief Executive Officer of Inovatec. "This implementation reinforces the fact that a cloud-based LOS gives lenders the flexibility, simplicity, and cost benefits they need to meet evolving customer needs and industry demands." About Inovatec Systems Inovatec Systems Corp. is a leading provider of cloud-based loan origination and loan management solutions, serving lenders across North America. The company's innovative technologies enhance business outcomes by improving efficiency, accuracy, and customer satisfaction. For more information, visit www.inovatec.com . About Northwest Bank Headquartered in Columbus, Ohio, Northwest Bancshares, Inc. is the bank holding company of Northwest Bank. Founded in 1896 Northwest Bank is a full-service financial institution offering a complete line of business and personal banking products, as well as employee benefits and wealth management services. As of September 30, 2024, Northwest operated 130 full-service financial centers and eleven free standing drive-up facilities in Pennsylvania, New York, Ohio and Indiana. Northwest Bancshares, Inc.'s common stock is listed on The Nasdaq Stock Market LLC ("NWBI"). Additional information regarding Northwest Bancshares, Inc. and Northwest Bank can be accessed online at www.northwest.com . Media Contact: Glenn Goldberg Parallel Communications Group, Inc. 516-776-3282 X: @Parallel_PR LinkedIn ggoldberg@parallelpr.com SOURCE: Inovatec Systems View the original on accesswire.comFans Really Aren't Liking Drew Brees' New NFL Broadcasting JobHumane society responds to backlash after volunteer program suspensionFormer Fresno State quarterback Mikey Keene is transferring to Michigan with one year of eligibility remaining. Confirming earlier reports, Keene posted an image of himself in a Wolverines uniform on social media on Monday. Keene passed for 2,892 yards with 18 touchdowns and 11 interceptions in 12 games for the Bulldogs in 2024. Fresno State opened the season with a 30-10 loss at Michigan on Aug. 31, with Keene throwing for 235 yards with one touchdown and two picks. Including two seasons at UCF (2021-22), Keene has completed 67.8 percent of his passes for 8,245 yards with 65 TDs and 28 interceptions in 39 games. Keene's competition for the starting job at Michigan includes incoming freshman Bryce Underwood, the 247Sports Composite's No. 1 overall player in the 2025 recruiting class. --Field Level Media
Estes Awarded ITAC GrantCORK, Ireland , Dec. 5, 2024 /PRNewswire/ -- The board of directors of Johnson Controls International plc (NYSE: JCI), the global leader in smart, healthy and sustainable buildings, has approved a regular quarterly dividend of $0.37 per share of common stock, payable on Jan. 17, 2025 , to shareholders of record at the close of business on Dec. 23, 2024 . Johnson Controls has paid a consecutive dividend since 1887. About Johnson Controls At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet. Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering. Today, with a global team of experts, Johnson Controls offers the world`s largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry. Visit www.johnsoncontrols.com for more information and follow @Johnson Controls on social platforms. INVESTOR CONTACT: Jim Lucas Direct: +1 414.340.1752 Email: jim.lucas@jci.com MEDIA CONTACT: Danielle Canzanella Direct: +1 203.499.8297 Email: danielle.canzanella@jci.com View original content to download multimedia: https://www.prnewswire.com/news-releases/johnson-controls-announces-quarterly-dividend-302324312.html SOURCE Johnson Controls International plc
NEW YORK, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ: OB) (“Outbrain”), a leading technology platform that drives business results by engaging people across the Open Internet, announced today that, at its special meeting of shareholders (the “Special Meeting”) held earlier today, Outbrain shareholders voted to approve the issuance of 35 million shares of common stock and 10.5 million Series A Convertible Preferred Shares, which are convertible into common stock, in connection with the acquisition of Teads S.A. (the “Share Issuance Proposal”). The transaction remains subject to customary closing conditions, including regulatory approvals, and is expected to close during the first quarter of 2025. “We are pleased with the outcome of today’s special meeting and extend our appreciation to our shareholders for supporting the combination with Teads,” said David Kostman, Chief Executive Officer of Outbrain. “Today’s shareholder approval marks a major milestone in the process to combine our two complementary businesses. We look forward to the closing of the transaction and becoming a global leader on the Open Internet delivering our full funnel value proposition to drive great outcomes for brands and media owners,” added Kostman. At the Special Meeting, more than 64% of the outstanding shares of common stock were present or represented by proxy, and more than 99% of these shares voted in favor of the Share Issuance Proposal. The final voting results of the Special Meeting will be reported in a Form 8-K to be filed with the U.S. Securities and Exchange Commission. Forward Looking Statements This press release contains forward-looking statements within the meaning of the federal securities laws, which statements involve substantial risks and uncertainties. Forward-looking statements may include, without limitation, statements generally relating to possible or assumed future results of our business, financial condition, results of operations, liquidity, plans and objectives and statements relating to the transaction to acquire Teads (“Transaction”). You can generally identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “foresee,” “potential” or “continue” or the negative of these terms or other similar expressions that concern our expectations, strategy, plans or intentions, or are not statements of historical fact. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties and other factors including, but not limited to: the risk that the conditions to the consummation of the transaction will not be satisfied (or waived); uncertainty as to the timing of the consummation of the transaction and Outbrain and Teads’ ability to complete the transaction; the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the share purchase agreement; the failure to obtain, or delays in obtaining, required regulatory approvals or clearances; the risk that any such approval may result in the imposition of conditions that could adversely affect Outbrain or Teads, or the expected benefits of the transaction; the failure to obtain the necessary debt financing to complete the transaction; the effect of the announcement or pendency of the transaction on Outbrain’s or Teads’ operating results and business generally; risks that the transaction disrupts current plans and operations or diverts management’s attention from its ongoing business; the initiation or outcome of any legal proceedings that may be instituted against Outbrain or Teads, or their respective directors or officers, related to the transaction; unexpected costs, charges or expenses resulting from the transaction; the risk that Outbrain’s stock price may decline significantly if the transaction is not consummated; the effect of the announcement of the transaction on the ability of Outbrain and Teads to retain and hire key personnel and maintain relationships with their customers, suppliers and others with whom they do business; the ability of Outbrain to successfully integrate Teads’ operations, technologies and employees; the ability to realize anticipated benefits and synergies of the transaction, including the expectation of enhancements to Outbrain’s services, greater revenue or growth opportunities, operating efficiencies and cost savings; overall advertising demand and traffic generated by Outbrain and the combined company’s media partners; factors that affect advertising demand and spending, such as the continuation or worsening of unfavorable economic or business conditions or downturns, instability or volatility in financial markets, and other events or factors outside of Outbrain and the combined company’s control, such as U.S. and global recession concerns; geopolitical concerns, including the ongoing war between Ukraine-Russia and conditions in Israel and the Middle East; supply chain issues; inflationary pressures; labor market volatility; bank closures or disruptions; the impact of challenging economic conditions; political and policy uncertainties resulting from the U.S. presidential election; and other factors that have and may further impact advertisers’ ability to pay; Outbrain and the combined company’s ability to continue to innovate, and adoption by Outbrain and the combined company’s advertisers and media partners of expanding solutions; the success of Outbrain and the combined company’s sales and marketing investments, which may require significant investments and may involve long sales cycles; Outbrain and the combined company’s ability to grow their business and manage growth effectively; the ability to compete effectively against current and future competitors; the loss or decline of one or more large media partners, and Outbrain and the combined company’s ability to expand advertiser and media partner relationships; conditions in Israel, including the ongoing war between Israel and Hamas and other terrorist organizations, may limit Outbrain and the combined company’s ability to market, support and innovate their products due to the impact on employees as well as advertisers and advertising markets; Outbrain and the combined company’s ability to maintain revenues or profitability despite quarterly fluctuations in results, whether due to seasonality, large cyclical events or other causes; the risk that research and development efforts may not meet the demands of a rapidly evolving technology market; any failure of Outbrain or the combined company’s recommendation engine to accurately predict attention or engagement, any deterioration in the quality of Outbrain or the combined company’s recommendations or failure to present interesting content to users or other factors which may cause us to experience a decline in user engagement or loss of media partners; limits on Outbrain and the combined company’s ability to collect, use and disclose data to deliver advertisements; Outbrain and the combined company’s ability to extend their reach into evolving digital media platforms; Outbrain and the combined company’s ability to maintain and scale their technology platform; the ability to meet demands on our infrastructure and resources due to future growth or otherwise; the failure or the failure of third parties to protect Outbrain and the combined company’s sites, networks and systems against security breaches, or otherwise to protect the confidential information of Outbrain and the combined company; outages or disruptions that impact Outbrain or the combined company or their service providers, resulting from cyber incidents, or failures or loss of our infrastructure; significant fluctuations in currency exchange rates; political and regulatory risks in the various markets in which Outbrain and the combined company operate; the challenges of compliance with differing and changing regulatory requirements; the timing and execution of any cost-saving measures and the impact on Outbrain and the combined company’s business or strategy; and the other risk factors and additional information described in the definitive proxy statement filed with the Securities and Exchange Commission (the “SEC”) on October 31, 2024, in the section entitled “Risk Factors”, and under the heading “Risk Factors” in Item 1A of Outbrain’s Annual Report on Form 10-K filed with the SEC on March 8, 2024 for the year ended December 31, 2023 and Outbrain’s Form 10-Q filed with the SEC on August 8, 2024 for the period ended June 30, 2024, and in subsequent reports filed with the SEC. Accordingly, you should not rely upon forward-looking statements as an indication of future performance. We cannot assure you that the results, events and circumstances reflected in the forward-looking statements will be achieved or will occur, and actual results, events, or circumstances could differ materially from those projected in the forward-looking statements. The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. We undertake no obligation and do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or circumstances after the date on which the statements are made or to reflect the occurrence of unanticipated events or otherwise, except as required by law. About Outbrain Outbrain is a leading technology platform that drives business results by engaging people across the Open Internet. Outbrain predicts moments of engagement to drive measurable outcomes for advertisers and publishers using AI and machine learning across more than 8,000 online properties globally. Founded in 2006, Outbrain is headquartered in New York with offices in Israel and across the United States, Europe, Asia-Pacific, and South America. For more information, visit https://www.outbrain.com . Media Contact press@outbrain.com Investor Relations Contact IR@outbrain.com (332) 205-8999
CALGARY, Alberta (AP) — A Ukrainian girls’ hockey team is in Canada for a few days of peace and hockey in an arena that doesn’t have a missile-sized hole in its roof. After 56 hours of travel to Calgary, including a 24-hour bus ride from Dnipro to Warsaw, Poland, that required army escort for a portion of it, the Ukrainian Wings will join Wickfest, Hayley Wickenheiser’s annual girls’ hockey festival, on Thursday. The squad of players aged 11 to 13 was drawn from eight different cities in Ukraine, where sport facilities have been damaged or destroyed since Russia started its invasion in February 2022. “They all have a personal story of something awful happening,” said Wickenheiser. “We give them a week of peace and joy here, and I hope they can carry that with them. “We know full well they’re going back to difficult circumstances. It’s tough that way.” Nine players are from Kharkiv, where pictures show a large hole in the roof of the Saltovskiy Led arena where the girls’ team WHC Panthers once skated. “It was our home ice arena, and we played all our national team championships in this ice arena,” said Kateryna Seredenko, who oversees the Panthers program and is the Wings general manager. Ukraine’s Olympic Committee posted photos and wrote in a Facebook post Sept. 1 that Kharkiv’s Sport Palace, which was home to multiple hockey teams, was also destroyed in an attack on the city. Seredenko says the Wings’ arduous journey to Calgary was worth it because it gives the girls hope. “It’s not a good situation in Ukraine, but when they come here, they can believe that everything will be good, everything will be fine, of course we will win soon and we must play hockey. We can’t stop because we love these girls and we will do everything for them,” she said. “So many girls on this Ukrainian team are future players of the national team.” Wickenheiser, a Hockey Hall of Famer , is the assistant general manager of player development for the Toronto Maple Leafs and a doctor who works emergency room shifts in the Toronto area. The six-time Olympian and four-time gold medalist organized her first Wickfest after the 2010 Winter Games. She’s had teams from India, Mexico and the Czech Republic attend over the last decade and a half, but never a team that ran the Ukrainians’ gauntlet of logistics. The Canadian Partnership for Women and Children’s Health took on the task of arranging visas and paying for the team’s travel. “We care about women and children’s health. Sport is such a symbol. When you see a group of girls coming off the ice all sweaty and having worked hard on the ice, it’s a symbol of a healthy girl,” said chief executive officer Julia Anderson. “That’s a healthy kid that’s able to participate in sport. We really believe if we can get girls there, whether they’re in an active war zone, or here in Canada, those girls will change the world.” The Wings aren’t the first Ukrainians to seek a hockey haven in Canada since the war began. An under-25 men’s team played four games against university squads in early 2023 to prepare for that year’s world university games. Ukrainian teams have also twice played in the Quebec City International Pee-Wee Hockey Tournament. “It’s the first time in Ukrainian history where a girls’ team is coming to Canada to a very good tournament,” Seredenko said. “They can see how they can play in their future. And they can see how it is to play hockey in Canada.” AP sports: https://apnews.com/sports
Youth Extremism a Rising Issue, Says Five-Eyes Joint ReportNone
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