Eye Level Literary Award 2020 for Aspiring Young Authors Goes Online

RIDGEFIELD PARK, N.J., Aug. 3, 2020 /PRNewswire/ — Eye Level, a global leader in the education industry, is proud to announce the successful completion of the 2020 Eye Level Literary Award for children between the ages of 4 and 15. Participants have submitted their Writing and Illustrated Writing entries online, and the judging process to select the North American winners and the global finalists has now begun.

RIDGEFIELD PARK, N.J., Aug. 3, 2020 /PRNewswire/ — Eye Level, a global leader in the education industry, is proud to announce the successful completion of the 2020 Eye Level Literary Award for children between the ages of 4 and 15. Participants have submitted their Writing and Illustrated Writing entries online, and the judging process to select the North American winners and the global finalists has now begun.

The Eye Level Literary Award (ELLA), sponsored by DAEKYO Culture Foundation, has been a pillar of the Eye Level community for the past two decades. Through the awards, Eye Level seeks out children with creativity and excellence in storytelling to encourage and acknowledge their talent. Depending on their age, registered contestants will have to produce either a drawing with a 50-word caption or a 3 to 4 page written response.

Last year’s event saw more than 15,000 participants across 10 countries submit applications. This year the contest has migrated online so that children can participate in this prestigious event—even during the pandemic. The event’s continuation during a pandemic was one of the top priorities for Eye Level. Whether in drawing or writing, children from multiple backgrounds and experiences can continue to call upon the Muses to submit their ideas online.

By the end of August, North American judges will select the winners for the USA and Canada, as well as the global finalists. These finalists will compete with the winning entries from other countries. Judges appointed by the Eye Level Global Headquarters will select six global winners. These esteemed winners will be recognized as Gold, Silver, or Bronze and receive a trophy, certificate, and cash prize of $1,000, $750, or $500.

More details about the event can be found at www.myeyelevel.com.  

About Eye Level

As of 2020, more than 2.8 million children from 18 countries have experienced the Eye Level program either online or offline.

Our teaching philosophy begins with understanding each child’s academic level, personal interests, and learning ability. Eye Level helps students master every learning concept through one-on-one coaching using our small-step approach. At Eye Level, we help students to become self-directed Problem Solvers, Critical Thinkers, and Lifelong Learners, setting them up for success in school and beyond.

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SOURCE Eye Level

Launch of New Website and Online Classes at Sullivan University Serves Students Better Than Ever

LOUISVILLE, Ky., Aug. 3, 2020 /PRNewswire-PRWeb/ — In their passion and ambition to continually care well for current, prospective, and future students, Sullivan teamed up with

LOUISVILLE, Ky., Aug. 3, 2020 /PRNewswire-PRWeb/ — In their passion and ambition to continually care well for current, prospective, and future students, Sullivan teamed up with Hatfield Media to design and develop a new website. While many campuses are being forced to close as a result of Covid-19, the updated website is only expected to enhance Sullivan’s already extensive online learning offerings and capabilities.

Powerful, user-friendly, and aesthetically pleasing websites are imperative to optimum student service in an increasingly digital age. Eric Short, Director of Marketing and Enrollment Management Analytics at Sullivan University, described their motivation as a «desire for a new and refreshed look, better load time, and increased engagement with prospective students.»

Hatfield’s Director of Graphic Design, Shayne Hiles, worked closely with Short to develop an aesthetic for the new website. Their vision was to capture the time-honored brand and logo of Sullivan University, as well as to develop a fresh concept for the individual colleges.
Along with designing a new mini-brand for each Sullivan college, the university brand palette was expanded to include purple and yellow, in addition to the iconic «Sullivan Green.» The end result being a website that offers «menu functionality, a ‘look’ that everyone likes, is seamless, and steps up the game,» says Hiles.

On top of faster load times and structured site organization, the web development team seized the opportunity to exceed expectations, building a site with powerful capabilities. Ray Tri, Lead Back End Developer, recalls, «One of the more exciting things was how we were able to diagnose opportunities for growth.» Spearheading the use of our new custom development platform, the website was able to outperform all previous standards and «give Sullivan an enterprise-class website with more features,» adds Tri. The final product was a great site that loads quickly, provides all the information prospective students need, and offers a pleasant, intuitive navigation experience.»

Sullivan University has been a pioneer, innovator and leader in online education for over 20 years, driven by a keen understanding that not everyone’s life fits into an average college schedule.»Our programs feed into the careers that are in high demand in hiring today,» said Sullivan University President and CEO Dr. Jay Marr. «While we may have to remain distant from each other, our online programs make it easy for students to start or complete their education on their terms.»

«Online learning is inherently flexible,» said Dr. Teresa Daniel, Dean of the Human Resource Leadership Programs at Sullivan. «It’s on your terms. Just like with courses on campus, there are weekly assignments that must be completed. But with online classes you have the flexibility to make your own schedule and get the work done when it works for you.» Taking care to design their courses so that they contain cutting edge information, Daniel says that, «We make sure that they are facilitated by scholar-practitioners with significant real-world experience.» Dr. Daniel says students get the best of both worlds with that combination: The theory, what is known about a topic; and the practice, which is how to apply it.

«Our online classes are always open, and our faculty will answer your questions in a timely manner,» Dr. Daniel says. «Online students have full access to on-campus resources, and our library resources are available online. In addition, our faculty are highly dedicated and will always make time to set up a call when you need it.» With a current emphasis on essential workers and businesses during the pandemic, it is important to note that many of Sullivan’s online programs can lead to essential careers in areas such as Justice and Public Safety or Logistics and Transportation Management. «All it takes to get started,» she said, «is a computer and access to the Internet, strong time-management skills, and the motivation to succeed.»

Sullivan’s online programs are developed by professional instructional designers who work with faculty to develop curriculum and courses offered through Blackboard, Sullivan’s Learning Management System. Blackboard allows instructors to connect with students via Collaborate, a videoconferencing function similar to Zoom. Offering online classes on a convenient, 11-week schedule with four start dates each year, the upcoming fall quarter begins on September 28th.

 

SOURCE Sullivan University

SHAREHOLDER ALERT: WeissLaw LLP Investigates Varian Medical Systems, Inc.

NEW YORK, Aug. 3, 2020 /PRNewswire/ —


SHAREHOLDER ALERT: WeissLaw LLP Investigates Varian Medical Systems, Inc.

NEW YORK, Aug. 3, 2020 /PRNewswire/ —

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Varian Medical Systems, Inc. («VAR» or the «Company») (NYSE: VAR) in connection with the proposed acquisition of the Company by Siemens Healthineers AG (Frankfurt: SHL).  Under the terms of the acquisition agreement, VAR shareholders will receive $177.50 in cash for each share of VAR common stock that they own.

If you own VAR shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

http://www.weisslawllp.com/varian-medical-systems-inc/

Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com

WeissLaw is investigating whether VAR’s board acted to maximize shareholder value in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of the proposed acquisition of the Company, and whether all information regarding the valuation of the deal will be fully and fairly disclosed to VAR shareholders.  

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com

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SOURCE WeissLaw LLP

SHAREHOLDER ALERT: WeissLaw LLP Investigates Jernigan Capital, Inc.

NEW YORK, Aug. 3, 2020 /PRNewswire/ —


SHAREHOLDER ALERT: WeissLaw LLP Investigates Jernigan Capital, Inc.

NEW YORK, Aug. 3, 2020 /PRNewswire/ —

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Jernigan Capital, Inc. («JCAP» or the «Company») (NYSE: JCAP) in connection with the proposed acquisition of the Company by NexPoint Advisors, L.P.  Under the terms of the acquisition agreement, holders of the Company’s common stock will receive $17.30 in cash for each share that they own, while holders of the Company’s Series B Preferred stock will receive $25.00 per share in cash plus all accrued dividends.

If you own JCAP shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:

http://www.weisslawllp.com/jernigan-capital-inc/

Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY  10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com

WeissLaw is investigating whether JCAP’s board acted to maximize shareholder value in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of the proposed acquisition of the Company, and whether all information regarding the valuation of the deal will be fully and fairly disclosed to JCAP shareholders.  These issues are of particular concern given that Series B Preferred shareholders will receive nearly $7.00 more per share than common shareholders upon consummation of the proposed transaction.  Additionally, at least one analyst set a price target of $20.00 per JCAP share, or approximately $3.00 above the per-share merger price. 

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.  We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.  If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com

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SOURCE WeissLaw LLP

USW Seeks Intervention to Save Titanium Sponge Plant, Citing National Security, Defense Concerns

PITTSBURGH, Aug. 3, 2020 /PRNewswire/ — The United Steelworkers (USW) today urged Congress and the Trump administration to act immediately in the interest of saving TIMET’s titanium sponge plant in Henderson, Nev., from permanent closure.

PITTSBURGH, Aug. 3, 2020 /PRNewswire/ — The United Steelworkers (USW) today urged Congress and the Trump administration to act immediately in the interest of saving TIMET’s titanium sponge plant in Henderson, Nev., from permanent closure.

Last year, in a Section 232 investigation, the U.S. Department of Commerce concluded that without the Henderson facility, the country would be completely dependent on imports for titanium sponge and scrap and lack the surge capacity required to support defense and critical infrastructure needs in an extended national emergency.

TIMET announced on July 13 that it intended to idle the facility. The company has already begun ratcheting down operations and laying off workers. Another wave of 17 were laid off today.

«Americans already rely on foreign imports for too many necessities, such as surgical masks and other personal protective equipment,» said USW District 12 Director Gaylan Prescott, «and we cannot risk our national security by depending on other countries to supply titanium for our military airplanes, helicopters and aerospace equipment.»

Prescott said that if TIMET follows through on its plan to close Henderson, the U.S. would be forced to import sponge from the only six other countries with production capacity: China, Japan, Russia, Ukraine, Kazakhstan or India.

«With so much more than jobs at stake, the USW will not allow TIMET to deprive our nation of this critical resource without a fight,» Prescott said. «Before it’s too late, President Trump and congressional leaders from both parties must take action to prevent compromising our national defense.»

The USW represents 850,000 men and women employed in manufacturing, metals, mining, pulp and paper, rubber, chemicals, glass, auto supply and the energy-producing industries, along with a growing number of workers in public sector and service occupations.

More information, contact: Bill Locke, 702-271-0029 

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SOURCE United Steelworkers (USW)

INTC INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit has been Filed Against Intel Corporation

NEW YORK, Aug. 3, 2020 /PRNewswire/ — Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action has been filed on behalf of investors that purchased or acquired the securities of Intel Corporation («Intel» or the «Company») (NASDAQ: INTC) between  April 23, 2020  and July 23, 2020, inclusive (the «Class Period»). The lawsuit filed in the United States

NEW YORK, Aug. 3, 2020 /PRNewswire/ — Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action has been filed on behalf of investors that purchased or acquired the securities of Intel Corporation («Intel» or the «Company») (NASDAQ: INTC) between  April 23, 2020  and July 23, 2020, inclusive (the «Class Period»). The lawsuit filed in the United States District Court for the Northern District of California alleges violations of the Securities Exchange Act of 1934.

If you purchased Intel securities, and/or would like to discuss your legal rights and options please visit Intel Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose: (1) that Intel had identified a defect mode in its 7-nanometer process that resulted in yield degradation; (2) that, as a result, the Company would experience a six-month delay in its production schedule for 7-nanometer products; (3) that Intel was reasonably likely to rely on third-party foundries for manufacturing its 7-nanometer products; (4) that, as a result of the foregoing, Intel was reasonably likely to lose market share to its competitors who are already selling 7-nanometer products; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

On July 23, 2020, after the market closed, Intel disclosed production delays for its 7-nanometer products after the Company had «identified a defect mode in our seven-nanometer process that resulted in yield degradation.»

On this news, the Company’s share price fell $9.81, or approximately 16% to close at $50.59 per share on July 24, 2020.

If you wish to serve as lead plaintiff, you must move the Court no later than September 28, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased Intel securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/intelcorporation-intc-shareholder-class-action-lawsuit-stock-fraud-288/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s «Plaintiffs’ Hot List» thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information
Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
MGuarnero@bernlieb.com

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SOURCE Bernstein Liebhard LLP

RM LAW Announces Class Action Lawsuit Against Velocity Financial, Inc.

BERWYN, Pa., Aug. 3, 2020 /PRNewswire/ — RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased Velocity Financial, Inc. («Velocity Financial» or the «Company») (NYSE: VEL) pursuant to the Company’s January 2020 initial…

BERWYN, Pa., Aug. 3, 2020 /PRNewswire/ — RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased Velocity Financial, Inc. («Velocity Financial» or the «Company») (NYSE: VEL) pursuant to the Company’s January 2020 initial public offering («IPO»).

Velocity Financial shareholders may, no later than September 28, 2020, move the Court for appointment as a lead plaintiff of the Class. If you purchased shares of Velocity Financial and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here.

According to the complaint, Velocity held its IPO on January 22, 2020, offering shares at $13.00 per share for gross proceeds of approximately $100.7 million. In its offering documents, Velocity touted it «ha[d] developed the highly-specialized skill set required to effectively compete in this market» and that this allowed Velocity to have «a durable business model capable of generating attractive risk-adjusted returns for [its] stockholders throughout various business cycles.» However, Velocity’s offering documents failed to disclose that many of Velocity’s loans were in non-accrual status and at least 90 days past due by the time of its IPO. Velocity’s true financial condition was revealed on May 13, 2020, when Velocity released its financial results for the first quarter of 2020, the same quarter as its IPO, revealing that its net income decreased 50% sequentially during the quarter to just $2.6 million and that its proportion of non-performing loans had accelerated to $174 million, nearly double the unpaid principal amount year-over-year. Velocity later revealed that by April 2020, non-performing loans accounted for 9.9% of the Company’s total portfolio, which was expected, but not disclosed in the offering materials. On this news, Velocity’s share price fell more than 80%, to close at just $2.53 per share on May 15, 2020.

If you are a member of the class, you may, no later than September 28, 2020, request that the Court appoint you as lead plaintiff of the class.  A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation.  In order to be appointed lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class.  Under certain circumstances, one or more class members may together serve as «lead plaintiff.»  Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff.  You may retain RM LAW, P.C. or other counsel of your choice, to serve as your counsel in this action.

For more information regarding this, please contact RM LAW, P.C.  (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at rm@maniskas.com or click here.   For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here

 RM LAW, P.C. is a national shareholder litigation firm.  RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

CONTACT:      

RM LAW, P.C.

Richard A. Maniskas, Esquire

1055 Westlakes Dr., Ste. 300

Berwyn, PA 19312

484-324-6800

844-291-9299

rm@maniskas.com

 

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SOURCE RM LAW, P.C.

VEL INVESTOR ALERT: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit has been Filed Against Velocity Financial, Inc.

NEW YORK, Aug. 3, 2020 /PRNewswire/ — Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action has been filed on behalf of investors that purchased or acquired the common stock of Velocity Financial. («Velocity» or the «Company») (NYSE: VEL) issued in connection with Velocity’s January 2020 IPO (the «Offering Materials»).  The lawsuit filed in the United States District Court for the…

NEW YORK, Aug. 3, 2020 /PRNewswire/ — Bernstein Liebhard, a nationally acclaimed investor rights law firm, announces that a securities class action has been filed on behalf of investors that purchased or acquired the common stock of Velocity Financial. («Velocity» or the «Company») (NYSE: VEL) issued in connection with Velocity’s January 2020 IPO (the «Offering Materials»).  The lawsuit filed in the United States District Court for the Central District of California alleges violations of the Securities Act of 1933.

If you purchased Velocity securities, and/or would like to discuss your legal rights and options please visit Velocity Shareholder Class Action Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

According to the lawsuit, the Registration Statement featured false and/or misleading statements and/or failed to disclose: (1) that a significantly higher proportion of its loan portfolio had become non-performing loans; and (2) any information regarding the onset of the coronavirus, including whether the coronavirus was adversely impacting the real estate market or the Company’s business, operations or financial condition.

On May 13, 2020 Velocity issued a release and investor presentation and held an earnings call providing the Company’s financial and operational results for the first quarter of 2020.  The Company stated that its net income decreased 50% sequentially during the quarter to just $2.6 million.  The Company also confirmed that the suspension of loan origination would continue for an indeterminate amount of time, effectively halting all potential growth in the Company’s loan portfolio.  In addition, the Company stated that its proportion of non-performing loans had accelerated to $174 million, nearly double the unpaid principal amount year over year, and constituted 8.17% of the Company’s total portfolio, 252 basis points over the prior year.  Velocity’s portfolio yield also fell 32 basis points sequentially to 8.57% due in substantial part to the rising number of non-performing loans.

If you wish to serve as lead plaintiff, you must move the Court no later than September 28, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased Velocity securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/velocityfinancial-vel-shareholder-class-action-lawsuit-stock-fraud-287/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s «Plaintiffs’ Hot List» thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information
Matthew E. Guarnero
Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
MGuarnero@bernlieb.com

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SOURCE Bernstein Liebhard LLP

National Safety Council Announces Finalists for 2020 Green Cross for Safety Awards

ITASCA, Ill., Aug. 3, 2020 /PRNewswire/ — Today the National Safety Council announced the finalists for the 2020 Green Cross for Safety awards, given annually to individuals and organizations that have demonstrated leadership in keeping people safe from the workplace to anyplace. 

ITASCA, Ill., Aug. 3, 2020 /PRNewswire/ — Today the National Safety Council announced the finalists for the 2020 Green Cross for Safety awards, given annually to individuals and organizations that have demonstrated leadership in keeping people safe from the workplace to anyplace. 

«This year’s Green Cross for Safety award finalists represent the broad reach of exceptional safety practices – and are an example to others,» said Lorraine M. Martin, president and CEO of the National Safety Council. «The finalists show true dedication to keeping their employees and communities safe. We are excited to recognize their work at our virtual awards celebration in October.»

Finalists for the 2020 Green Cross for Safety awards are:

Safety Advocate, sponsored by FirstGroup – Recognizes those who have made a significant impact on safety by raising awareness and bringing about change

  • CPS Energy/Xcel Energy
  • National Center for Rural Road Safety
  • Save the Michaels of the World

Safety Excellence, sponsored by the Board of Certified Safety Professionals – Recognizes a corporation, coalition or organization that relentlessly pursued safety

  • Caesars Entertainment Corp.
  • La-Z-Boy Inc.
  • Walgreens

Safety Innovation, sponsored by UPS – Recognizes a researcher, corporation or organization that approached a long-held challenge and developed a transformative response to the problem

  • Driver Alcohol Detection System for Safety, Driven to Protect Virginia
  • The Dow Chemical Company
  • Illinois Tollway

Winners will be announced at the 2020 Green Cross for Safety awards celebration Oct. 1. This year’s event will take place virtually. To learn more, visit greencross.nsc.org.

About the National Safety Council
The National Safety Council is America’s leading nonprofit safety advocate – and has been for over 100 years. As a mission-based organization, we work to eliminate the leading causes of preventable death and injury, focusing our efforts on the workplace, roadway and impairment. We create a culture of safety to not only keep people safer at work, but also beyond the workplace so they can live their fullest lives.

Connect with NSC:
Facebook 
Twitter 
LinkedIn 
YouTube 
Instagram

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SOURCE National Safety Council

Global Semiconductor Sales Increase 5.1 Percent Year-to-Year in June; Q2 Sales Down Slightly Compared to Q1

WASHINGTON, Aug. 3, 2020 /PRNewswire/ — The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors were $34.5 billion in June 2020, an increase of 5.1 percent from the June 2019 total of $32.9 billion. Sales in June were 0.3 percent less than the May 2020 total of $34.6 billion. Sales…

WASHINGTON, Aug. 3, 2020 /PRNewswire/ — The Semiconductor Industry Association (SIA) today announced worldwide sales of semiconductors were $34.5 billion in June 2020, an increase of 5.1 percent from the June 2019 total of $32.9 billion. Sales in June were 0.3 percent less than the May 2020 total of $34.6 billion. Sales during the second quarter of 2020 were $103.6 billion, an increase of 5.1 percent over the second quarter of 2019, but a small decrease of 0.9 percent compared to the first quarter of 2020. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 95 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.

«Second-quarter semiconductor sales were roughly flat compared to the first quarter, and the global industry continues to post year-to-year sales increases, but significant uncertainty remains for the second half of the year due to ongoing macroeconomic headwinds,» said John Neuffer, SIA president and CEO. «Sales into the Americas stood out in June, increasing nearly 30 percent year-to-year.»

Regionally, sales increased on a year-to-year basis in the Americas (29.0 percent), China (4.7 percent), and Asia Pacific/All Other (0.4 percent), but decreased in Japan (-2.2 percent) and Europe (-17.1 percent). On a month-to-month basis, sales increased slightly in the Americas (3.1 percent) and Japan (1.1 percent), but decreased in China (-0.4 percent), Asia Pacific/All Other (-1.5 percent), and Europe (-6.0 percent).

For comprehensive monthly semiconductor sales data and detailed WSTS forecasts, consider purchasing the WSTS Subscription Package. For detailed historical information about the global semiconductor industry and market, consider ordering the SIA Databook.

June 2020

Billions

Month-to-Month Sales                              

Market

Last Month

Current Month

% Change

Americas

7.38

7.60

3.1%

Europe

2.89

2.72

-6.0%

Japan

2.87

2.90

1.1%

China

12.32

12.28

-0.4%

Asia Pacific/All Other

9.17

9.04

-1.5%

Total

34.63

34.53

-0.3%

Year-to-Year Sales                         

Market

Last Year

Current Month

% Change

Americas

5.89

7.60

29.0%

Europe

3.27

2.72

-17.1%

Japan

2.97

2.90

-2.2%

China

11.73

12.28

4.7%

Asia Pacific/All Other

9.00

9.04

0.4%

Total

32.86

34.53

5.1%

Three-Month-Moving Average Sales

Market

Jan/Feb/Mar

Apr/May/Jun

% Change

Americas

7.37

7.60

3.1%

Europe

3.39

2.72

-19.9%

Japan

2.88

2.90

0.5%

China

11.52

12.28

6.6%

Asia Pacific/All Other

9.68

9.04

-6.7%

Total

34.85

34.53

-0.9%

Media Contact
Dan Rosso
Semiconductor Industry Association
202-446-1719
drosso@semiconductors.org

About SIA
The Semiconductor Industry Association (SIA) is the voice of the semiconductor industry, one of America’s top export industries and a key driver of America’s economic strength, national security, and global competitiveness. Semiconductors – the tiny chips that enable modern technologies – power incredible products and services that have transformed our lives and our economy. The semiconductor industry directly employs nearly a quarter of a million workers in the United States, and U.S. semiconductor company sales totaled $193 billion in 2019. SIA represents 95 percent of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms. Through this coalition, SIA seeks to strengthen leadership of semiconductor manufacturing, design, and research by working with Congress, the Administration, and key industry stakeholders around the world to encourage policies that fuel innovation, propel business, and drive international competition. Learn more at www.semiconductors.org.

About WSTS
World Semiconductor Trade Statistics (WSTS) is an independent non-profit organization representing the vast majority of the world semiconductor industry. The mission of WSTS is to be the respected source of semiconductor market data and forecasts. Founded in 1986, WSTS is the singular source for monthly industry shipment statistics.

 

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SOURCE Semiconductor Industry Association (SIA)