Ceres Director of Federal Policy Zach Friedman issued the following statement after the U.S. Environmental Protection Agency issued its initial guidance for the $27 billion Greenhouse Gas Reduction Fund, a measure within the Inflation Reduction Act designed to spur clean energy investment and deployment in low-income and marginalized communities: “The Greenhouse Gas Reduction Fund is a key financing tool within the Inflation Reduction Act that provides a clear market signal for investors and companies to empower the communities that have been too often ignored yet are most at risk from the effects of the climate crisis. The grant-making process announced by the EPA today allows this important work to begin moving forward toward delivering jobs, lowering burdensome utility costs, and cleaning the air in these communities. We look forward to engaging with our private sector partners, our Community Development Financial Institution and Green Bank colleagues, and community-based organizations. Together, we can ensure that strong proposals for development and investment that expand the benefits of the clean energy economy to all are put before the EPA." Ceres submitted a letter to the EPA as the agency shaped its guidance for the Greenhouse Gas Reduction Act, calling for the program to […]

Click here to view original web page at www.ceres.org

Cell Engineering Research Equipment Suite Names Life Sciences Professional Kenneth Dwyer as Lab Manager Kenneth Dwyer, a sales and marketing professional with extensive experience in the life sciences industry, has joined WPI as laboratory manager of the university’s Cell Engineering Research Equipment Suite (CERES) at Gateway Park. CERES Dwyer will work to expand use of the lab by industry clients while also maintaining and managing the lab’s equipment, which was acquired with an $844,314 grant from the Massachusetts Life Sciences Center’s (MLSC) Open Capital fund . About 107,000 people work in the biopharma sector in Massachusetts , and much of the work focuses on early-stage drug treatments. A key goal of CERES is to support that early-stage work. “WPI is grateful to the MLSC for supporting the development of CERES, a place where researchers can pursue innovative medical treatments for human disease,” says Bogdan Vernescu , vice provost for research at WPI. “The university is committed to supporting industry partners so that the biomedical community can grow and continue to thrive in the greater Worcester region.” A fee-for-service facility, CERES is located on Grove Street in Worcester, next to the WPI Biomanufacturing Education and Training Center , which offers […]

Click here to view original web page at www.wpi.edu

You may not be able to tell by the charts, but the GXO Logistics (NYSE: GXO) spin-off was the right move at the right time. The hiccups in supply chain productivity caused by the pandemic highlighted the benefits of this logistics specialist and are driving sustained growth for the company . The Q4 results and guidance for 2023 left a little for the market to desire, and it caused a minor correction in the share prices but this is an opportunity for growth investors. While the guidance was a little light in respect to expectations, it calls for growth, and the earnings outlook is also favorable. The analysts are taking note of these results and have issued at least 2 new reports since the Q4 report was released. These come from Oppenheimer and Barclays, which upped their price target to an average of $57.50. This is below the Marketbeat.com consensus target but has the consensus moving higher. Oppenheimer and Barclays have the stock pegged at a Buy/Strong Buy compared to the broader consensus of Moderate Buy. GXO Falls On Strong Results And Guidance GXO Logistics had a strong quarter and issued guidance ahead of the consensus estimate but marred […]

Click here to view original web page at www.nasdaq.com

Center for Global Education staff, photo provided by Gonzalo Bruce. Boise State’s Center for Global Engagement received the 2022 U.S.-Andean Innovation Fund Grant Competition through the 100K Strong Innovation Fund – a collaboration that launched last year to create entrepreneurship opportunities for students in the U.S. and Honduras. With this new grant, Boise State will partner with Universidad Científica del Sur in Peru and Universidad Tecnológica Privada de Santa Cruz in Bolivia through the end of the year to engage in programs focused on closing the gender inequality gap in the Americas. “The program focuses on developing new curriculum and methodologies centered around global problems, using problem-solving approaches and using global perspectives,” said Gonzalo Bruce, the Center for Global Engagement’s assistant provost. Business administration, law and global studies majors will analyze and form perspectives on public policy, legal studies and economic development pervasive gender inequality in the U.S., Peru and Bolivia. Select students in the School of Public Service will travel to South America in May, while students from Peru and Bolivia will come to Boise State in September for an immersion experience where they will meet with faculty members, non-governmental and community organizations, and legislators. “This is indeed […]

Click here to view original web page at www.boisestate.edu

Chipotle ( CMG ) is out with a new restaurant concept called Farmesa . The California-inspired, concept eatery is in partnership with Kitchen United Mix, a ghost kitchen, and is set to officially launch next month. Located in Santa Monica, California, guests can order via kiosks at the location, on Kitchen United’s website for pickup, or via delivery through apps like DoorDash and UberEats. Stay ahead of the market Morningstar Analyst Sean Dunlop, who has a price target of $1,550 on the stock and three-star rating (similar to a Hold at the firm), called the new concept’s digital-only ordering system "a manifestation" of Chipotle’s goal of higher digital integration. In its latest quarterly results, the company noted that digital sales accounted for 37.4% of food and beverage revenue. The Farmesa brand has a key audience in mind too, Dunlop said. "It’s a premium-priced product. It’s akin to upscale, fast casual, like Flower Child or Sweetgreen, so the the TAM [total addressable market] is not infinite," he said. Amid high inflation , "affluent consumers" have been mostly "healthy over the last couple days and months in the restaurant space," and there’s been no recent pushback from the higher income consumers […]

Click here to view original web page at finance.yahoo.com

A conversation about the creation of Charlotte’s "Corridors of Opportunity." The city of Charlotte and several partnering organizations have identified six areas in the city that have been neglected, and will direct resources to these “Corridors of Opportunity.” The Corridors of Opportunity Program is a part of the Mayor’s Racial Equity initiative and will invest more than $100 million in these areas over the next few years. We’ll learn where the corridors are, and the challenges they face. About WFAE’s series: In our series In Focus: Corridors of Opportunity, WFAE will follow initiatives by the city of Charlotte and outside groups to target resources to six areas that have long been neglected. WFAE will examine the decisions, key activities and progress throughout the next year. We’ll also take a closer look at the rich histories of these communities and the people and businesses that contribute to their resilience and vitality. GUESTS: Lisa Worf , enterprise reporter from WFAE News who is working this year on WFAE’s "In Focus: Corridors of Opportunity" Malcolm Graham , Charlotte city councilman, chair of Charlotte’s Economic Development Committee J’Tanya Adams , founder and executive director of Historic West End Partners Jose Alvarez , vice […]

Click here to view original web page at www.wfae.org

Mercy’s SVP and chief strategic ventures officer, Ajay Pathak, details how the organization’s plans to join together may impact the health systems, their patients, and their employees. At the end of January, Missouri-based nonprofit health systems Mercy and SoutheastHEALTH announced they had signed a letter of intent to "join together." If the deal succeeds, SoutheastHEALTH would join the Mercy health system as a full member, with the intent of making SoutheastHEALTH a "regional hub in southeast Missouri and the greater tri-state area it serves," the system’s president and CEO, Ken Bateman, said in a press release. "Mercy is the best strategic fit for both entities and this vision. With a proven track record in community health, Mercy fully supports strengthening access to affordable primary and specialty health care for all residents in the communities we serve," Bateman said. "We look forward to the opportunity to provide even more access to high-quality, lower-cost health care for the Cape Girardeau community," president and CEO of Mercy, Steve Mackin, said in a press release. "By joining together, we will utilize Mercy’s extensive network of resources and services to further position SoutheastHEALTH as the regional hub for industry-leading health care. We are very […]

Click here to view original web page at www.healthleadersmedia.com

SAN DIEGO, Feb. 15, 2023 (GLOBE NEWSWIRE) — Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced today financial and operating results for the year and three months ended December 31, 2022. YEAR 2022 HIGHLIGHTS $51.9 million of net income attributable to common stockholders ( $0.42 per diluted share) $145.3 million in Funds From Operations (1) ( $1.10 per diluted share) 10.0% growth in Funds From Operations per diluted share (2022 vs. 2021) 4.6% increase in same-center cash net operating income (2022 vs. 2021) 98.1% portfolio lease rate at year-end (all-time record high) 1.6 million square feet leased (all-time record activity) 23.2% increase in same-space cash rents on new leases ( 7.8% increase on renewals) $120.2 million of grocery-anchored shopping center acquisitions $61.4 million of capital raised ($36.2 million disposition, $25.2 million ATM stock issuance) $23.5 million of mortgage debt retired 96.6% of portfolio’s gross leasable area unencumbered at year-end (all-time record high) Advanced environmental, social & governance initiatives 4TH QUARTER 2022 HIGHLIGHTS $10.2 million of net income attributable to common stockholders ( $0.08 per diluted share) $35.9 million in Funds From Operations ( $0.27 per diluted share) 5.0% increase in same-center cash net operating income (4Q‘22 vs. 4Q‘21) 6.6x net principal […]

Click here to view original web page at www.globenewswire.com

FILE PHOTO: Air Liquide opens its North Las Vegas Hydrogen Production facility (Reuters) -Industrial gases firm Air Liquide pledged on Thursday to take advantage of an historic opportunity to invest in clean energy, helped by the U.S. Inflation Reduction Act (IRA), as it beat 2022 earnings estimates and forecast more growth this year. U.S. President Joe Biden signed the $430 billion IRA last August, promising huge incentives for companies to invest in the shift away from fossil fuels. "We have never had historically such an opportunity of investment," Air Liquide Chief Executive Francois Jackow said in a press call, adding that in recent months the investment dynamic had become stronger in the United States than in Europe. Air Liquide is one of the largest hydrogen producers in the world, and last year made almost 4 billion euros ($4.3 billion) of investment decisions, a company record. The firm, which in 2022 launched its ADVANCE plan to invest 16 billion euros by 2025, said its 12-month investment opportunities totalled 3.3 billion euros, with more than 40% linked to the energy transition. Air Liquide reported recurring operating income of 4.86 billion euros for 2022, up 16.9% year-on-year, above the 4.79 billion average […]

Click here to view original web page at www.marketscreener.com

Written by Summary Amazon’s stock is up +16% year-to-date despite losing ~12% since releasing its Q4 earnings report in early February. In this note, we will review Amazon’s latest quarter and try to figure out if the stock is a good buying opportunity during this pullback. Spoiler Alert: I rate Amazon a "Strong Buy" at $100, with a strong preference for staggered accumulation. Read on to find out why! This idea was discussed in more depth with members of my private investing community, The Quantamental Investor. Learn More » ipuwadol/iStock via Getty Images Introduction Amazon (NASDAQ: AMZN ) and its big tech peers seem to have regained leadership of the market in 2023; however, Q4 results signal big trouble ahead for this pack as rich valuations face up against a massive growth slowdown and a vicious margin contraction. Traditionally, technology companies (not stocks) have shown secular growth, i.e., less vulnerability to economic cycles. However, unlike 2007-08, technology is now ubiquitous, and big tech giants are severely exposed to economic cycles, as evidenced by the ongoing growth slowdown and earnings recession seen in their Q3 and now Q4 reports: Q3 Y/Y Revenue Growth (%) Q4 Y/Y Revenue Growth (%) Q3 […]

Click here to view original web page at seekingalpha.com