Monday - May 20, 2024
State Tipoffs Involving Illinois Newsletter for Wednesday May 01, 2024 ( 16 items )  

Barchart Announces ProducerView CRM for Grain Merchandisers and Originators
CHICAGO, Illinois, May 1 -- Barchart, a provider of market data and services, issued the following news release on April 30, 2024: Barchart, a leading provider of technology, data and workflow solutions for commodity firms and agribusinesses, announces producerView, a CRM application built specifically for grain merchandisers, originators and agribusiness relationship managers. producerView is available as an off-the-shelf application unique for grain merchandising, origination and producer rel  more

GE HealthCare Receives FDA Clearance for Portrait VSM, Building on Its Growing Ecosystem of Connected Patient Monitoring Solutions
CHICAGO, Illinois, May 1 -- GE HealthCare issued the following news release on April 29, 2024: GE HealthCare (Nasdaq: GEHC) today announced it has received 510(k) clearance from the United States Food and Drug Administration (FDA) for its Portrait VSM vital signs monitor that can provide clinicians with an accurate view of patient vital signs to support timely clinical decisions. As the next evolution of the DINAMAP legacy, Portrait VSM utilizes the SuperSTAT non-invasive blood pressure algorit  more

GE HealthCare Reports First Quarter 2024 Financial Results
CHICAGO, Illinois, May 1 (TNSres) -- GE HealthCare issued the following news release on April 30, 2024: * * * * Revenues declined 1% year-over-year; Organic revenue growth* was approximately flat * Net income margin was 8.0% versus 7.9% for the prior year; Adjusted Earnings Before Interest and Taxes (EBIT) margin* was 14.7% versus 14.1% * Diluted earnings per share (EPS) were $0.81 versus $0.41 for the prior year; Adjusted EPS* was $0.90 versus $0.85 * Cash flow from operating activities w  more

ILL. A.G. RAOUL URGES HOUSE AND SENATE LEADERS TO APPROVE ROBUST FUNDING FOR LEGAL SERVICES CORPORATION
CHICAGO, Illinois, May 1 -- Illinois Attorney General Kwame Raoul issued the following news release: Attorney General Kwame Raoul, as part of a bipartisan coalition of 39 attorneys general, urged Congress to allocate the maximum amount of funding for the grant-making organization Legal Services Corporation (LSC) in the FY2025 budget. Each year, LSC awards field grants to a network of nonprofit legal service providers who extend legal assistance to low-income Americans in every county, state a  more

Ill. House Democrats: Andrade-Backed Measure Secures Prosthetics Coverage for Cancer Survivors
SPRINGFIELD, Illinois, May 1 -- The Illinois House Democrats issued the following news: State Rep. Jaime Andrade, D-Chicago, is advancing legislation to require that insurance companies cover the cost of wigs and scalp prosthesis for those battling or recovering from cancer and other serious medical conditions resulting in hair loss. "Hair loss due to a serious, life-threatening illness can be both personally impactful and universally noticed, leading to grave mental health issues on top of wh  more

Ill. State Rep. Kifowit Issues Statement on Metropolitan Mobility Authority Act
SPRINGFIELD, Illinois, May 1 -- The Illinois House Democrats issued the following statement on April 29, 2024, by State Rep. Stephanie Kifowit, D-Oswego: * * * Illinois State Representative Stephanie Kifowit (D-Oswego) issued the following statement on proposed legislation to create a new Metropolitan Mobility Authority. "As a representative for DuPage, Kane, Kendall, and Will Counties, I am committed to ensuring that all constituents in these regions have proper representation in the conside  more

Kirkland Advises Generate Capital in Investment in Pine Gate Renewables
CHICAGO, Illinois, April 30 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Generate Capital in its investment in Pine Gate Renewables as part of a $650 million investment from Generate Capital, Healthcare of Ontario Pension Plan and HESTA. The investment provides funding to accelerate Pine Gate's work as a national developer, owner and operator of clean energy projects and will support the financing of an incremental three gigawatts of clean ener  more

Kirkland Advises J.P. Morgan on Privatisation of L'Occitane
CHICAGO, Illinois, April 30 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising J.P. Morgan Securities (Asia Pacific) Limited as exclusive financial adviser to the offeror, L'Occitane Groupe S.A., on the proposed privatisation of L'Occitane International S.A. (HKSE: 973). L'Occitane is a global leader in the premium beauty market with more than 3,000 retail outlets, including approximately 1,300 owned stores across 90 countries. The transaction w  more

Littelfuse Reports First Quarter Results for 2024
CHICAGO, Illinois, May 1 (TNSres) -- Littelfuse, a circuit protection manufacturer, issued the following news release on April 30, 2024: Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, today reported financial results for the first quarter ended March 30, 2024: * Net sales of $535 million were down 12% versus the prior year period, and down 12% organically * GAAP diluted EPS was $1.93 and adjuste  more

Littelfuse Unveils Single Cell Super Capacitor Protection IC for Enhanced Backup Power Solutions
CHICAGO, Illinois, May 1 -- Littelfuse, a circuit protection manufacturer, issued the following news release: Littelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, has revealed the newest member of its eFuse Protection IC lineup, the LS0502SCD33S. This novel development introduces the Single Cell Super Capacitor Protection IC, tailored explicitly for charging backup power sources under extreme conditions, setting a   more

MAYER BROWN'S RAJ DE AND ANDREW OLMEM NAMED TO WASHINGTONIAN'S 'MOST INFLUENTIAL PEOPLE SHAPING POLICY IN WASHINGTON' LIST
CHICAGO, Illinois, April 30 -- Mayer Brown, a law firm, issued the following news: Mayer Brown partners Raj De and Andrew Olmem have been named to Washingtonian's 2024 list of "Most Influential People Shaping Policy in Washington" in the National Security & Defense and Banking & Finance categories, respectively. The list recognizes Washington DC experts and advocates in the private sector who are "shaping public policy and changing the world we live in." Raj is a member of the firm's global Ma  more

Motorola Solutions Summit Showcases How AI and Human-Centered Technologies Simplify and Strengthen Emergency Response
CHICAGO, Illinois, May 1 -- Motorola Solutions issued the following news release on April 29, 2024: Speaking today to more than 1,300 public safety customers at Motorola Solutions' (NYSE: MSI) Summit 2024, the company's executive vice president and chief technology officer, Mahesh Saptharishi, revealed how public safety technology that leverages AI and smart design is simplifying emergency response, bolstering awareness and helping to reduce responder stress. "Public safety personnel face ever  more

Northwestern University's Medill School of Journalism: Pulitzer Winner Robert Samuels to Address Medill Convocation
EVANSTON, Illinois, May 1 -- Northwestern University's Medill School of Journalism issued the following news: Reporter and author Robert Samuels (BSJ06) will address 2024 graduates and their families as the convocation speaker for the Medill School of Journalism, Media, Integrated Marketing Communications. "We are honored to have Robert share his advice and insights with the Class of 2024," said Dean Charles Whitaker (BSJ80, MSJ81). "His outstanding accomplishments will provide inspiration to   more

TransUnion: As Consumers' Debt Burdens Rise, Government Agencies Have Opportunities to Better Assist Them With Key Services
CHICAGO, Illinois, May 1 (TNSres) -- TransUnion, a risk information provider, issued the following news release: * * * TransUnion analysis identifies three core groups of constituents and ways the public sector can provide differentiated support for each * * * U.S. consumers' median minimum monthly debt payments grew by 32% between 2020 and 2023 - surpassing the rate of inflation (18%) during the same time. As consumer debt obligations continue to rise, a new TransUnion (NYSE: TRU) public se  more

UChicago Alum Selected as 2024 Paul & Daisy Soros Fellow
CHICAGO, Illinois, May 1 (TNSres) -- The University of Chicago issued the following news: By Andy Brown Russell Legate-Yang, AB'22, has been selected as a 2024 Paul & Daisy Soros Fellow, which will support his doctoral studies at the Massachusetts Institute of Technology. Legate-Yang is one of this year's 30 Soros Fellows, who were chosen for their achievements and their potential to make significant contributions to U.S. society, culture or their academic fields. Each fellow will receive up   more

UChicago Press Awards Top Honor to Margareta Ingrid Christian for 'Objects in Air'
CHICAGO, Illinois, May 1 (TNSres) -- The University of Chicago issued the following news: The University of Chicago press awarded the 2024 Gordon J. Laing Award to Assoc. Prof. Margareta Ingrid Christian for her book Objects in Air: Artworks and Their Outside around 1900. President Paul Alivisatos presented the award to Christian at a gala reception on April 24 at the David Rubenstein Forum. "With Objects in Air, Christian explores early 20th-century aesthetic thought on art, in turn offering   more