Scores of other residential communities, mixed-use developments, hotel projects and office developments either broke ground or were under construction in 2020.,Developments already under construction in 2020 included The Grand, a Frank Gehry-designed, $1 billion mixed-use development on Bunker Hill in the Financial District, citizenM Hotel, an 11-story hotel, being built with prefabricated modular units in the Financial District, and 755 S. Figueroa, a 64-story apartment tower with 784 units, also in the Financial District.,The Lightstone Group project will include a 37-story tower with two hotels, 727 guestrooms and 8,600 square feet of restaurant and retail space.,Eighth Figueroa, a 42-story tower with 438 apartments and 7,500 square feet of retail space in the city’s Financial District, also broke ground in 2020.,Downtown L.A. also saw some notable investment sales last year, including Silverstein Properties’ purchase of the US Bank Tower for $430 million, the sale of 915 Wilshire for $196 million to German investors and Avalon Bay Communities’ purchase of the Showa Marine cold storage site in the Arts District, which is entitled for 475 live/work units and roughly 50,000 square feet of retail.
STAMFORD, Conn.--(BUSINESS WIRE)--WWE® (NYSE: WWE) today announced upcoming host cities for its annual pop culture extravaganza, WrestleMania, from 2021-23.,“On behalf of everyone at WWE, we thank Governor DeSantis, Mayor Castor, Mayor Williams and Mayor Butts for their graciousness and flexibility in what was a collaborative effort to bring the next three WrestleManias to these iconic stadiums in their world-class cities,” said Vince McMahon, WWE Chairman & CEO.,For information on our global activities, go to All WWE programming, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos and copyrights are the exclusive property of WWE and its subsidiaries.,These risks and uncertainties include, without limitation, risks relating to: the impact of the COVID-19 outbreak on our business, results of operations and financial condition; entering, maintaining and renewing major distribution agreements; a rapidly evolving media landscape; WWE Network (including the risk that we are unable to attract, retain and renew subscribers); our need to continue to develop creative and entertaining programs and events; the possibility of a decline in the popularity of our brand of sports entertainment; the continued importance of key performers and the services of Vincent K. McMahon; possible adverse changes in the regulatory atmosphere and related private sector initiatives; the highly competitive, rapidly changing and increasingly fragmented nature of the markets in which we operate and greater financial resources or marketplace presence of many of our competitors; uncertainties associated with international markets including possible disruptions and reputational risks; our difficulty or inability to promote and conduct our live events and/or other businesses if we do not comply with applicable regulations; our dependence on our intellectual property rights, our need to protect those rights, and the risks of our infringement of others’ intellectual property rights; the complexity of our rights agreements across distribution mechanisms and geographical areas; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events including without limitation, claims alleging traumatic brain injury; large public events as well as travel to and from such events; our feature film business; our expansion into new or complementary businesses and/or strategic investments; our computer systems and online operations; privacy norms and regulations; a possible decline in general economic conditions and disruption in financial markets; our accounts receivable; our indebtedness including our convertible notes; litigation; our potential failure to meet market expectations for our financial performance, which could adversely affect our stock; Vincent K. McMahon exercises control over our affairs, and his interests may conflict with the holders of our Class A common stock; a substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could lower our stock price; and the volatility of our Class A common stock.,For more information about risks and uncertainties associated with the Company’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Company’s SEC filings, including, but not limited to, our annual report on Form 10-K and quarterly reports on Form 10-Q.
VANCOUVER, British Columbia, Jan. 15, 2021 (GLOBE NEWSWIRE) -- CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telehealth company seeking to revolutionize the delivery of healthcare to patients, is pleased to announce that it has closed the previously announced acquisition of Medical Confidence Inc. (“Medical Confidence”), a revolutionary healthcare navigation platform with proven results in wait time reduction and patient satisfaction.,The integration of Medical Confidence into CloudMD’s platform of Enterprise Solutions will enable employers and insurers to realize lower absenteeism and improved return to work outcomes with personalized health and wellness care plans and improved access to healthcare resources.,The acquisition is immediately accretive to CloudMD as Medical Confidence generated approximately $2 million in revenues with earnings before interest, taxes, depreciation and amortization (EBITDA) margins exceeding 26% over the last fiscal year ending March 2020.,In consideration for the purchase of 100% of the outstanding securities of Medical Confidence, CloudMD has agreed to pay shareholders aggregate consideration of $6 million payable as follows: (i) $2.25 million in cash, subject to a working capital adjustment; (ii) $2.25 million in shares of the company; and (iii) a performance-based earnout of $1.5 million, which is payable 50% in shares of the company and 50% in cash in equal annual issuances over a period of two years.,EBITDA and EBITDA margins are Non-IFRS measures the Company uses as an indicator of financial health and excludes several items which may be useful in the consideration of the financial condition of the Company and Medical Confidence, as applicable, including interest expense, income taxes, depreciation, and amortization.
For Michelle Janse van Rensburg, currently managing director at Pretoria-based Nimacc Business Lounge, moving out of her corporate comfort zone in South Africa saw her taking on a rather unconventional stretch assignment in Mozambique for an asset management company that was handling agricultural projects across Africa, where she was tasked with implementing new financial and operational systems.,Although this particular mission was certainly out of the ordinary and, in fact, required trips to several African countries, Janse van Rensburg said that within accounting and finance, stretch assignments are becoming the norm.,According to van den Barselaar, every year as managing director brings new stretch assignments in terms of being able to deliver the required results in a very depressed South African economy.,Moving forward
While the actual definition of a stretch assignment is highly subjective and up for debate, Janse van Rensburg asserted that management accountants have to actively take on certain roles and challenging projects to keep themselves professionally relevant.,For van den Barselaar, there is no question as to the value of stretch assignments, and she urged finance professionals to always be ready for new challenges.
The average rate on the benchmark 30-year fixed-rate home loan rose to 2.79% this week from a record low of 2.65% last week.,Long-term bond yields, which can influence interest rates on mortgages and other consumer loans, are climbing this month amid expectations of higher U.S. government spending on pandemic relief and an economy recovery as more people get vaccinated for COVID-19.,The average rate on the benchmark 30-year fixed-rate home loan rose to 2.79% this week from a record low of 2.65% last week, according to mortgage buyer Freddie Mac.,McBride forecasts that the average rate on a 30-year mortgage will rise to 3.1% by the end of the year.,Of course, rising mortgage rates diminish homebuyers’ buying power, especially as home prices continue to rise.
Amherst orthopedic injury walk-in clinic opensAMHERST — Cooley Dickinson Health Care opened its second orthopedic injury clinic last week.,The Amherst clinic, at 170 University Drive, is in addition to the West Hatfield orthopedic injury clinic location, which opened in the fall of 2016.,For more information, call 413-586-8200 or Bond finalist for Mt. Tom plant project WESTFIELD — Tighe Bond Inc. has been recognized by the American Council of Engineering Companies of Massachusetts as a 2020 Engineering Excellence Award Finalist (Gold Award).,Tighe Bond, in conjunction with a team of subconsultants and property owner ENGIE North America, transformed the site of the Mt. Tom coal-fired power plant into the state’s largest community solar and energy storage facility.,Grants will provide 100,000 meals for people in region HATFIELD — Two regional companies are providing major support to The Food Bank of Western Massachusetts based in Hatfield that will pay for about 100,000 meals for residents in the region.