Deloitte CFO Signals™ Survey: All Eyes on Next US Administration; Majority Expect Less Congressional Gridlock and Substantial Policy Changes

NEW YORK, Jan. 5, 2017 /PRNewswire/ — Deloitte’s fourth quarter (4Q 2016) CFO Signals survey, which opened the day after the election on Nov. 9, 2016, reveals that all eyes are on the next U.S. administration, with 73 percent of surveyed chief financial officers  expecting less congressional gridlock. Additionally, CFOs generally anticipate substantial policy changes to take place in the next four years in the areas of taxes, repatriation of cash to the U.S., infrastructure investments, health care and immigration:

By contrast, less than 10 percent of the surveyed CFOs predict Congress will pass trade deals with either Europe or Asia respectively.

“CFOs appear to be anticipating substantial changes in policy which will certainly affect their companies. As the new administration’s agenda unfolds and CFOs gain more clarity, it will be interesting to see how CFOs’ optimism and expectations change,” said Sandy Cockrell, national managing partner of the U.S. CFO Program, Deloitte LLP. “For example, despite appearing to be fairly bullish on North America’s economy—and U.S. CFOs indicating higher optimism about their own companies’ prospects than in the last two years—there are concerns about topics, such as tax uncertainty and the possibility of a rising national debt.”

This quarter reveals a sharp contrast between rising optimism regarding own company prospects and all four business outlook metrics tracked by the CFO Signals survey for 27 consecutive quarters. Net optimism in 4Q 2016 remains strong at +23.4, and 43 percent of CFOs express rising optimism about their own companies’ prospects, up from 35 percent last quarter. Net optimism for the U.S. also rose sharply from last quarter’s +16.0 to +34.0 this quarter.

On the other hand, CFO expectations for growth in revenue, earnings, capital spending and domestic hiring all remain near their survey lows.

In particular, U.S. CFOs’ expectations for revenue, earnings and capital investment all came in near historic survey lows.  

Each quarter, CFOs are also asked which risks they regard as most worrisome. The top three external risks CFOs cited this quarter are: 1) uncertainty about the new administration; 2) a tie between the impact of protectionism on global trade and global growth/recession; and 3) new/burdensome regulation. Like last quarter, securing qualified talent tops the list of internal risks cited, followed by execution of strategies and plans in second place, and retaining key employees and controlling costs and expenses, tied for third.

When asked about expectations for the macroeconomic environment in 2017, 58 percent of U.S. CFOs agree that the U.S. economy will improve over the next year, but only 14 percent of Canadian CFOs expect their economy to improve. No Mexican CFOs expect better conditions for Mexico’s economy.

In their assessment of broader regional economies, 43 percent of CFOs say current conditions in North America’s economy are good compared to 46 percent last quarter, while 58 percent expect better conditions in a year, up from 37 percent last quarter. Eight percent of CFOs perceive Europe’s current economy as good, up from 4 percent last quarter; 13 percent expect better conditions a year from now, slightly higher than last quarter’s 10 percent. Perceptions of China’s economy improved with 24 percent of CFOs describing it as good, up from 10 percent last quarter, and 17 percent expecting conditions to improve, up from 14 percent last quarter.

When asked about their industry expectations in 2017, surveyed CFOs are mostly optimistic about their industries’ growth, with 54 percent expecting their revenue to grow, and more than half anticipating technology advances to be a major factor in changing both industry products and services and how their industry operates. Sixty-six percent of CFOs expect that industry-skilled talent will be difficult to acquire, and 67 percent believe wage increases will be necessary to secure and retain highly skilled workers.

“This quarter’s findings show high industry and country variability in sentiment and expectations,” commented Greg Dickinson, managing director, Deloitte LLP, who leads the North American CFO Signals survey. “But expectations were very diverse even within particular regions and industries, which seems to indicate inconsistent ideas about how the new administration will proceed and how worldwide markets will respond.”

Additional findings from the Deloitte 4Q 2016 CFO Signals survey include:

“CFOs’ views about the changing economic environment are similar to those of economists, as reflected in Deloitte’s recent US Economic Forecast,” says Danny Bachman, senior U.S. economist, Deloitte Services LP. “The unexpected results of the presidential election have introduced greater uncertainty about policy in areas such as trade, infrastructure spending, taxes and regulation – with an unusually wide range of possible impacts for business.”

Deloitte’s fourth-quarter 2016 CFO Signal’s survey also provides CFOs’ responses on business focus priorities, expectations for capital, strategy and leadership, and more. To download a copy of the survey, please visit: www.deloitte.com/us/cfosignals2016Q4.

About The Deloitte CFO Signals survey
Each quarter, CFO Signals tracks the thinking and actions of CFOs representing many of North America’s largest and most influential organizations. This report summarizes CFOs’ opinions in four areas: business environment, company priorities and expectations, finance priorities and CFOs’ personal priorities.

The Deloitte CFO Signals survey for the fourth quarter of 2016 was conducted during the two-week period opening Nov. 9 and ending Nov. 23, 2016. A total of 137 CFOs responded during this time. Seventy-two percent of respondents are from public companies, and 84 percent are from companies with more than $1 billion in annual revenue. For more information, please see the report.

For more information about Deloitte’s CFO Signals, or to inquire about participating in the survey, please contact NACFOSurvey@deloitte.com.

About Deloitte’s CFO Program
The CFO Program brings together a multidisciplinary team of Deloitte leaders and subject matter specialists to help CFOs stay ahead in the face of growing challenges and demands. The program harnesses our organization’s broad capabilities to deliver forward thinking and fresh insights for every stage of a CFO’s career—helping CFOs manage the complexities of their roles, tackle their organization’s most compelling challenges and adapt to strategic shifts in the market. For more information about Deloitte’s CFO Program, please contact uscfoprogram@deloitte.com or visit www.deloitte.com/us/thecfoprogram.

As used in this document, “Deloitte” means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

 

SOURCE Deloitte

SKYGEN USA Announces Major Accomplishments in 2016, Releases 2017 Predictions

MEQUON, Wis., Jan. 5, 2017 /PRNewswire/ — SKYGEN USA, a collection of 21st century benefit management solution companies, today announced that 2016 was a watershed year for the organization both in terms of sales and the introduction of several new innovations in the way it serves the $779 billion health and medical insurance industry.  The organization currently partners with clients operating in more than 100 markets serving 28 million member lives on its own technology platform and 11 million member lives through its outsourcing solutions.

SKYGEN USA’s year-over-year revenue grew by 24 percent in 2016.  This increase was driven primarily by SKYGEN USA’s aggressive approach to delivering 21st century technology and benefit management solutions that solve the challenges of today’s commercial and government payers as well as healthcare providers and the members/patients they serve.

“Many health insurance payers’ core technologies are now well over 30 years old,” said Craig Kasten, chairman and co-founder of SKYGEN USA. “They were implemented before smartphones and tablets were on the drawing board, and even before computers became a fixture in most homes and businesses. SKYGEN USA is filling gaps for these organizations by bringing modern technologies as well as in-depth benefit management expertise to help them compete in this very different world, and transform themselves into 21st century cyber benefit organizations.”

The focus on defining what is required for payers to become cyber benefits organizations was a key initiative for SKYGEN USA in 2016. A cyber benefits organization is one that transforms the current health benefit landscape by offering an information-rich environment connecting all patrons while delivering benefits faster and at substantially lower costs than traditional approaches.  While appropriate for all types of payers, managed care organizations (MCOs) for government programs are likely to be among the early adopters to seize the opportunities for improvement cyber benefits bring.  MCOs are under increasing pressure to reduce costs and improve efficiency so more benefits can be delivered to more members without an increase in taxpayer funding.

The year 2016 saw major changes in SKYGEN USA’s internal structure that were put in place to enhance its service to clients. One of the most significant was the building out of SKYGEN USA’s Legal and Compliance practice. Steven J. Berryman was hired as chief legal officer to lead the practice, which will be charged with helping clients navigate the increasingly complex regulatory environment.

Additional 2016 highlights include:

In keeping with SKYGEN USA’s focus on helping payers prepare for the challenges of the future as well as the present, the company also released its predictions around where commercial and government-based health, dental, and vision insurance is headed in 2017:

“Today there is even more uncertainty in an already volatile health insurance industry,” said Greg Borca, co-founder and owner of SKYGEN USA. “It points to the need for payers to have the maximum flexibility in their technology as well as benefit design in order to react quickly to minimize risk and take advantage of market opportunities. The organization we have built with SKYGEN USA, and the organization we are continuing to build through our latest innovations, has the knowledge and capacity to lead payers through these turbulent times and help them thrive. No matter what changes may occur, we are confident that 2017 will be another outstanding year for our clients and our business.”

Tweet This: .@SKYGENUSA recaps 2016 success, offers #2017predictions. http://bit.ly/2hdgoNs #cyberbenefits #healthinsurance

About SKYGEN USA
SKYGEN USA is a collection of benefit solution companies that brings together a distinguished mix of next-generation benefit management and technology tools for healthcare organizations. Business units under the SKYGEN USA brand include Wonderbox Technologies, Scion Dental, Vestica Healthcare, American Therapy Administrators, Ocular Benefits and now, Hylis Pharmacy Solutions. The joining of these respected organizations under the SKYGEN USA umbrella enables them to drive process improvements and dramatically reduce the cost of delivering benefits in an advancing healthcare economy. Payers may select the comprehensive solution or individual offerings to fit their requirements. For more information, please go to www.skygenusa.com.  

For media inquiries, please contact:
Christine Rudella
Director of Marketing, SKYGEN USA
Christine.Rudella@SKYGENUSA.COM

 

SOURCE SKYGEN USA

Trump & US Manufacturing: Industry Thought Leaders to Debate Policy Options

SANTA CLARA, Calif., Jan. 5, 2017 /PRNewswire/ —

In advance of the January 20 inauguration of President-elect Donald Trump, Frost & Sullivan’s Manufacturing Leadership Council (MLC) will host a special virtual debate on the industrial priorities and potential policies for the future of U.S. manufacturing under the new Trump administration.

Join this special session to hear the latest thinking on issues such as advanced technologies, international trade, innovation institutes, regulatory reform, energy and the environment, tax policy and workforce skills.

Thought Leaders:

Attend this panel to:

Register:

To request an invite to the panel debate, click here. For press inquiries, email Jaylon Brinkley, Corporate Communicationsjaylon.brinkley@frost.com.

About the Manufacturing Leadership Council

Founded in 2008, the Manufacturing Leadership Council’s vision is to create and inspire a global community of manufacturing executives who believe in the proposition that manufacturing is the fundamental driver of economic and social prosperity, and that its growth will lead to a better future and a higher standard of living for all people. The MLC’s mission is to inspire manufacturing executives to achieve transformational growth for themselves, their companies, and for the industry at large through enlightened leadership.

The Council focuses on the intersection of advanced technologies and the business, identifying growth and improvement opportunities in the operation, organization and leadership of manufacturing enterprises. In support of this, the Council produces an extensive portfolio of leadership networking, information, and professional development products, programs, and services.

For more information and to join the MLC, please visit www.frost.com/mlc

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact Us: Start the discussion

Contact:
Jaylon Brinkley
Corporate Communications – North America 
+1.210.247.2481 
jaylon.brinkley@frost.com

 

SOURCE Frost & Sullivan

El Gift of Life Donor Program supera el record de donación de órganos en Estados Unidos

Es la primera vez que una OPO llega – y supera – los 500 donantes en un año

FILADELFIA, 5 de enero de 2017 /PRNewswire/ — Por noveno año, el Gift of Life Donor Program – la organización de consecución de órganos (OPO) de designación federal sin ánimo de lucro que presta servicio a la mitad oriental de Pennsylvania, el sur de Nueva Jersey y Delaware – es la principal OPO de la nación con su coordinación de éxito de órganos que salvan vidas gracia a 540 donantes de órganos, cuyas generosas otorgaciones consiguieron el transplante de 1.412 órganos. Este hito supone la primera vez que lo logra una OPO gracias a este nivel de donación (más de 500 donantes de órganos) dentro de la historia de la donación de órganos y su transplante. En diciembre, Gift of Life superó además un record nacional mensual, con 62 donantes y 167 órganos trasplantados. La tasa de donación anual de Gift of Life iguala los 49 donantes de órganos por millón de habitantes, clasificándose entre las más elevadas del mundo.

Foto – http://mma.prnewswire.com/media/453974/Gift_of_Life_Donor_Program_Infographic.jpg

Gift of Life además recuperó tejidos de 2.575 donantes en el año 2016. Estas donaciones que salvan vidas y mejoran podrían beneficiar hasta a 100.000 personas, con 1.305 donaciones óseas que mejoran la movilidad, donaciones de piel que curan a los pacientes quemados y donaciones de válvulas cardiacas para reparar los defectos que suponen una amenaza para la vida. Estos donantes proporcionaron además 4.500 córneas que otorgaron el regalo de la vista.

“El año de establecimiento record de Gift of Life solo es posible gracias al desinterés de nuestros donantes y sus familiares. Su fortaleza y compasión en el rostro de la aflicción a menudo no imaginable es aleccionadora”, afirmó Howard M. Nathan, director general y consejero delegado del Gift of Life Donor Program. “Desde el año 1974, hemos abogado a nuestras familias donantes, receptores de trasplantes y miles de personas acerca de la lista de espera de trasplantes. Estamos enormemente agradecidos del talento excepcional y compromiso de nuestros socios hospitalarios – los 15 centros de transplante y 131 hospitales de tratamiento agudo en la región – además de nuestro personal ampliamente capacitado y dedicado que trabaja las 24 horas del día y los 7 días de la semana. Ellos son los que realmente dan a las personas una segunda oportunidad en la vida”.

Muchas de estas historias destacadas se comparten en el Gift of Life’s Second Chance Blog. Los perfiles incluyen un mayor de instituto que vuelve al equipo universitario de fútbol tras un transplante de corazón; una familia que en los más de 30 años desde que su hijo fue donante ha hablado a más de 200.000 estudiantes acerca de la importancia de la donación; y la bendición de un padre de tres niños pequeños que esperó un transplante de riñón que salvara la vida durante más de dos años.

El legado de l donación sigue durante las generaciones, con muchos receptores de trasplantes comenzando en sus propias familias. En el año 2016, el Transplant Pregnancy Registry International (TPR) del Gift of Life Institute celebró su 25 aniversario. Desde 1991, el TPR ha seguido más de 4.000 embarazos después de trasplantes, compartiendo la información con incontables receptores de transplante y tomando decisiones de planificación familiar. El instituto es líder internacional en donación de órganos y tejidos, siguiendo a cerca de 9.000 profesionales procedentes de 37 países desde el año 2004.

La devoción de Gift of Life de cara a la comunidad de los trasplantes incluye además un “home away from home” para pacientes con trasplantes y sus familias. En 2016, el personal y voluntarios de Gift of Life Family House proporcionaron más de 8,605 noches de alojamiento de cuidado, 30.244 comidas y 1.677 transportes hacia y desde los hospitales. Desde su fundación en julio del año 2011, la Family House ha suministrado más de 36.000 alojamientos de noche y servido 141.628 comidas.

Con un avance en marcha en el transplante, la necesidad de las donaciones es cada vez mayor. Aproximadamente 22 personas mueren cada día en Estados Unidos esperando un transplante de órgano. Hay más de 5.600 hombres, mujeres y niños esperando en esta región, y más de 119.000 a nivel nacional. Pese a que el 95% de las personas apoyan la donación, menos de la mitad están registradas, a pesar de que se necesitan menos de 30 segundos de gestión online.   

Acerca del Gift of Life Donor Program: Desde 1974, Gift of Life ha coordinado más de 42.000 trasplantes de órganos y se calcula que 600.000 trasplantes de tejidos. Un donante de órganos puede salvar la vida de hasta 8 personas, mientras que un donante de tejido puede mejorar la vida de hasta 75 personas. One organ donor can save the lives of up to eight people, and a tissue donor can enhance the lives of up to 75 others. Si desea más información o registrarse, visite donors1.org.  

SOURCE Gift of Life Donor Program

Scholastic To Publish Updated Edition of J.K. Rowling's Fantastic Beasts and Where to Find Them by Newt Scamander

NEW YORK, Jan. 5, 2017 /PRNewswire/ — Scholastic Corporation (NASDAQ: SCHL), the global children’s publishing, education and media company, will publish an updated edition of the bestselling and collectible companion book to the Harry Potter books, Fantastic Beasts and Where to Find Them, with a new foreword by J.K. Rowling, writing as Newt Scamander, and a new cover by Headcase Design on March 14, 2017.  The book will be published simultaneously with Bloomsbury UK and the Pottermore eBook edition.

Originally published fifteen years ago, now this book has been revisited by the author to bring the original classic up to date with new content that reflects the exciting developments in J.K. Rowling’s Wizarding World. The book served as the inspiration for the Warner Bros. major motion picture of the same name which marked J.K. Rowling’s screenwriting debut.  Scholastic published the screenplay on November 18, 2016, and the book went to the top of bestseller lists nationwide.

Fantastic Beasts and Where to Find Them has been an approved textbook at Hogwarts School of Witchcraft and Wizardry since its publication. Newt Scamander’s masterpiece has entertained wizarding families through the generations and is an indispensable introduction to the magical beasts of the wizarding world. Scamander’s years of travel and research have created a tome of unparalleled importance. Introducing six new beasts, readers will have fun spotting them among the much-loved favorites. J.K. Rowling’s new introduction, written from the viewpoint of Newt Scamander, offers tantalising hints about the Magizoologist’s adventures and relationships. Some of the beasts will be familiar to readers of the Harry Potter books – the Hippogriff, the Basilisk, the Hungarian Horntail. Others will surprise even the most ardent amateur Magizoologist.

Proceeds from the sale of this edition will go to Comic Relief and J.K. Rowling’s own international charity Lumos, charities which help the world’s most vulnerable children and young people, to help them have a better life.

Scholastic will also release a re-packaged edition of the Hogwarts Library Box Set which includes the new edition of Fantastic Beasts and Where to Find Them as well as Quidditch Through the Ages and The Tales of Beedle the Bard, with a new case by Headcase design.

About J.K. Rowling
J.K. Rowling is the author of the record-breaking, multi-award-winning Harry Potter novels. Loved by fans around the world, the series has sold over 450 million copies, been translated into 79 languages, and made into 8 blockbuster films. She has written three companion volumes in aid of charity: Quidditch Through the Ages and Fantastic Beasts and Where to Find Them (in aid of Comic Relief and Lumos), and The Tales of Beedle the Bard (in aid of Lumos), as well as a film script inspired by Fantastic Beasts and Where to Find Them, her screenwriting debut, and a further extension of the Wizarding World, which was released as a Warner Bros film in November 2016.  In 2012, J.K. Rowling’s digital company Pottermore was launched, where fans can enjoy news, features and articles, as well as original content by J.K. Rowling. Her first novel for adult readers, The Casual Vacancy was published in September 2012 and adapted for TV by the BBC in 2015.  Her crime novels, written under the pseudonym Robert Galbraith, were published in 2013 (The Cuckoo’s Calling), 2014 (The Silkworm) and 2015 (Career of Evil), and are to be adapted for a major new television series for BBC One, produced by Brontë Film and Television.  J.K. Rowling’s 2008 Harvard commencement speech was published in 2015 as an illustrated book, Very Good Lives: The Fringe Benefits of Failure and the Importance of Imagination, and sold in aid of Lumos and university–wide financial aid at Harvard. J.K. Rowling has recently collaborated with writer Jack Thorne and director John Tiffany on the stage play Harry Potter and the Cursed Child Parts One and Two, which is now running at The Palace Theatre in London’s West End. As well as receiving an OBE for services to children’s literature, she has received many awards and honours, including France’s Légion d’Honneur, and the Hans Christian Andersen Award.

About Comic Relief
Since 2001, Quidditch Through the Ages and Fantastic Beasts and Where to Find Them have raised nearly £20 million for Comic Relief- a magic amount of money that is already hard at work changing lives. Money raised through the sale of this new edition will be invested in children and young people around the world, preparing them to be ready for the future – to be safe healthy, educated and empowered. We are particularly interested in helping those children who start their lives in the most difficult circumstances, where there is conflict, violence, neglect or abuse.

About Lumos
Lumos is an international non-profit organisation founded by J.K. Rowling to help the estimated eight million disadvantaged children in orphanages around the world to be returned to their family or placed in a loving family environment. www.wearelumos.org

About Scholastic
Scholastic Corporation (NASDAQ: SCHL) is the world’s largest publisher and distributor of children’s books, a leading provider of print and digital instructional materials for pre-K to grade 12, and a producer of educational and entertaining children’s media. The Company creates quality books and ebooks, print and technology-based learning programs, classroom magazines and other products that, in combination, offer schools customized solutions to support children’s learning both at school and at home. The Company also makes quality, affordable books available to all children through school-based book clubs and book fairs. With a 96 year history of service to schools and families, Scholastic continues to carry out its commitment to “Open a World of Possible” for all children. Learn more at www.scholastic.com.

SOURCE Scholastic Inc.

Intensifying Need for Smart Grids Fuels Growth Opportunities for Automated Substations

SANTA CLARA, Calif., Jan. 5, 2017 /PRNewswire/ — Upgrades to aged power infrastructure to cope with the surge in demand for distributed energy resources (DERs) are boosting substation automation. DERs have had a significant impact on the utility industry and grid network, disrupting the conventional business models and grid stability. In response, over the next 10 years, utilities like investor-owned, municipal, vertically-integrated and distribution system operators (DSOs) across the globe are expected to invest in substation and feeder automation technologies. These investments are driven by the need to improve reliability as well as integrate new distributed generation (DG) resources into the transmission and distribution (T&D) grid network.

Global Substation Automation is part of Frost & Sullivan’s Power Generation Growth Partnership Subscription. According to the study, Europe accounted for more than 20 percent of the global market in 2016, while substation automation adoption was high in Mexico, Colombia, India and China as well.

Click here for complimentary access to more information on this analysis and to register for a Growth Strategy Dialogue, a free interactive briefing with Frost & Sullivan’s thought leaders. http://frost.ly/19x

“While the developed markets will focus on advanced substation automation solutions with interoperability features, emerging countries in Asia-Pacific and Africa will shift from basic to mid-tier automation solutions,” said Frost & Sullivan Energy & Environment Industry Analyst Rajalingam AC. “Increasingly, vendors in the smart grid space are offering highly interoperable, modular systems to minimize the integration complexity in the substation.”

Advances in technology notwithstanding, the conservative utility sector has been reluctant to invest in the high-priced automation solutions. This is mainly due to the large installed base of legacy systems, particularly of supervisory control and data acquisition (SCADA) and energy management systems (EMS).

“Still, the rise of 5G as the next generation of mobile technology for smart grid connectivity will prompt utilities to deploy 5G systems,” noted Rajalingam. “Already, major countries have initiated plans to identify the specifications needed for the successful commercialization of 5G.”

Overall, Tier 1 participants will dominate the market over the next five years and try to acquire companies that complement their product and solution offerings.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion

Contact:
Jaylon Brinkley
Corporate Communications – North America
P: (210) 247.2481
F: (210) 348.1003
E: jaylon.brinkley@frost.com

http://www.frost.com

 

SOURCE Frost & Sullivan

S&W Seed Company Receives Trademark for 'Kandi Leaf' Stevia in U.S. and Mexico

FRESNO, Calif., Jan. 5, 2017 /PRNewswire/ — S&W Seed Company (Nasdaq: SANW) today announced it has received a trademark for the use of the brand name ‘Kandi Leaf’ stevia.  The trademark will be applied on S&W’s unique stevia lines bred for enhanced flavor characteristics and marketed for the fresh and dry leaf market, in which S&W currently has two unique stevia varieties—’SW 201′ and ‘SW 227’.

S&W’s stevia focus is on developing varieties with unique, enhanced characteristics, providing added value along the entire supply chain. As previously announced, S&W has applied for patent protection with the U.S. Patent and Trademark Office (“USPTO) for ‘SW 201’ and ‘SW 227′, and has also applied for patent protection with the USPTO for two unique stevia varieties for the commercial processing market—’SW 107’ and ‘SW 129’.   

Mark Grewal, chief executive officer of S&W Seed Company commented, “Following years of research and development success, our stevia program is laying the foundation for commercial-based production contracts, royalty agreements and other  R&D collaborations, as we await our patent protection being granted by the USPTO. The trademark for Kandi Leaf follows our earlier trademarking of ‘Stevia California’ as we look to brand and market S&W’s stevia development and commercialization program through the introduction of unique varieties. It is our intention to build a portfolio of proprietary stevia varieties that we believe can add value at the front end of the supply chain to address the rapidly growing stevia market. We view our branding capabilities of our unique stevia varieties as a key component to our commercialization strategy moving forward.”

About S&W’s Unique Stevia Varieties

About the Stevia and Sweetener Industry

Stevia is a relative newcomer in the estimated over $50 billion global sweetener market. According to a report released by analysts at Technavio on May 26, 2016, this market is forecasted to grow at a compound annual growth rate of 4.78% during the period between 2016 and 2020. Although this market is still dominated by sugar, sugar substitutes continue to increase in market share as consumer concern over sugar intake continues to increase. Stevia leaf and its refined products constitute a natural, noncaloric high intensity sweetener, estimated to be 200 to 300 times sweeter than sugar. Its taste has a slower onset and longer duration than that of sugar. It has the advantage of not breaking down with heat, making it more stable for cooking than other sugar alternatives. In the U.S., approximately 70% of all new products formulated with stevia are beverages, with the remainder split between diverse categories, including dairy products and baked goods.

The stevia plant is indigenous to the rain forests of Paraguay and has been used as a sweetener in its raw, unprocessed form for hundreds of years. In recent years, it has been grown commercially in Brazil, Paraguay, Uruguay, parts of Central America, Thailand, China and the U.S. Currently, the majority of global commercial stevia production occurs in China.

The incorporation of stevia-derived extracts into foods and beverages in the U.S. has seen a rapid increase since the beginning of 2009, when stevia was first introduced as a sweetener alternative to sugar in food and beverages. According to a Mintel and Leatherhead Food Research report released in 2014, the use of intense sweeteners, such as stevia, in food and beverage products has grown from being used in approximately 3.5% of all launches globally in 2009 to approximately 5.5% in 2012. The value of stevia as an additive for use in food and beverage manufacture in 2013 totaled approximately $110 million, and Mintel and Leatherhead Food Research estimates that this total will grow to approximately $275 million by 2017. Their report further states that, while sales of artificial sweeteners, such as aspartame, acesulfame K and sucralose still dominate the market for sugar substitutes, consumer demand for artificial sweeteners has seen a decline since the introduction of stevia. Mintel and Leatherhead Food Research expects this trend to continue, with plant-derived sweeteners, such as stevia, providing the main area of growth in the sweetener market in the future.

About S&W Seed Company
Founded in 1980, S&W Seed Company is a global agricultural Company, headquartered in Fresno, California. The Company’s vision is to be the world’s preferred proprietary seed Company which supplies a range of forage and specialty crop products that supports the growing global demand for animal proteins and healthier consumer diets. The Company is a global leader in alfalfa seed, with significant research and development, production and distribution capabilities. S&W’s capabilities span the world’s alfalfa seed production regions, with operations in the San Joaquin and Imperial Valleys of California, five other U.S. states, Australia, and three provinces in Canada, and S&W sells its seed products in more than 30 countries around the globe.  Additionally, the Company is utilizing its research and breeding expertise to develop and produce stevia, the all-natural, zero calorie sweetener for the food and beverage industry. For more information, please visit www.swseedco.com.

Safe Harbor Statement
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” Forward-looking statements in this release include, but are not limited to, statements concerning commercialization strategies and the ability to execute those strategies.  You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors and other risks identified in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2016, and in other filings subsequently made by the Company with the Securities and Exchange Commission. The Company does not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise.

 

SOURCE S&W Seed Company

Abila Predicts Key Nonprofit Finance and Accounting Trends for 2017

AUSTIN, Texas, Jan. 5, 2017 /PRNewswire/ — Abila, the leading provider of software and services to nonprofits, associations, and government entities, today shared the trends it predicts will have the biggest impact on nonprofit finance and accounting in 2017: an increase in part-time and outsourced staffing to address personnel needs; shifts in the nature of funding due to political instability; clustering of services between nonprofits; an increase in the number of for-profit CFOs moving to nonprofits; and an ongoing need for greater technology efficiency.   

“A number of factors are driving nonprofit finance and accounting trends going into 2017,” said Andrew Payne, Abila’s director of product marketing and product management. “The volatility of the economy, political instability, and greater demands on nonprofits will require a bit of rethinking and refocusing for many organizations going into the new year.”

Key Nonprofit Accounting Predictions for 2017:

“2017 will be heavily influenced by uncertainty in both the political and economic climates,” said Payne. “Organizations that will be successful are the ones paying attention to these trends, and making necessary adjustments to stay nimble and focused on delivering their mission.”    

Additional Media

About Abila
Abila is the leading provider of software and services to nonprofits, associations, and governmental entities that help them improve decision making, execute with greater precision, increase engagement, and generate more revenue. With Abila solutions, association and nonprofit professionals can use data and personal insight to make better financial and strategic decisions, enhance member and donor engagement and value, operate more efficiently and effectively, and increase revenue to better activate their mission. Abila combines decades of industry insight with technology know-how to serve more than 8,000 customers across North America. For more information, please visit www.abila.com.

Media Contact:
Jenna Overbeck
jenna.overbeck@abila.com  
512.861.3248

 

SOURCE Abila

Research Reports Initiation on Sporting Goods Stocks — Callaway Golf, Vista Outdoor, Nautilus, and Sportsman's Warehouse

NEW YORK, January 5, 2017 /PRNewswire/ —

Stock-Callers.com brings focus on the Sporting Goods segment which operates physical retail stores specializing in sporting goods, athletic and fitness wear, fitness equipment, and related products. Demand is driven by population demographics and consumer income, while the profitability of individual companies depends on merchandising and marketing skills. Equities in today’s lineup are: Callaway Golf Co. (NYSE: ELY), Vista Outdoor Inc. (NYSE: VSTO), Nautilus Inc. (NYSE: NLS), and Sportsman’s Warehouse Holdings Inc. (NASDAQ: SPWH). Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

Callaway Golf  

Carlsbad, California-based Callaway Golf Co.’s stock finished Wednesday’s session 2.81% higher at $11.69. A total volume of 1.10 million shares was traded, which was above their three months average volume of 826,670 shares. The Company’s shares have advanced 0.09% in the past month, 3.53% over the previous three months, and 6.66% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.55% and 10.04%, respectively. Furthermore, shares of Callaway Golf, which together with its subsidiaries, designs, manufactures, and sells golf clubs, golf balls, golf bags, and other golf-related accessories, have a Relative Strength Index (RSI) of 61.14.

On January 04th, 2017, Callaway Golf introduced the Great Big Bertha Epic Sub Zero Driver, a true paradigm shift in tour driver performance. Epic Sub Zero’s power is based on Callaway’s innovative new Jailbreak Technology, which fundamentally changes how the head and clubface behave at impact to deliver more ball speed and distance. Jailbreak bars form a firm connection between the crown and sole to inhibit their flexing. That puts more of the load of impact on the face. Physicists call this “energy lensing.” In Epic, it promotes faster ball speed for more distance. The free research report on ELY is available at:

http://stock-callers.com/registration/?symbol=ELY

Vista Outdoor  

Shares in Farmington, Utah headquartered Vista Outdoor Inc. ended at $38.60, up 0.52% from the last trading session. The stock recorded a trading volume of 628,990 shares. The Company’s shares have gained 4.61% since the start of this year. The stock is trading 0.47% below its 50-day moving average. Moreover, shares of Vista Outdoor, which designs, manufactures, and markets consumer products for the outdoor sports and recreation markets worldwide, have an RSI of 52.83.

On January 03rd, 2017, Vista Outdoor announced that it has hired Fred Ferguson as Vice President, Government and Industry Relations, reporting to Amanda Covington, the Company’s Senior Vice President of Communications and Government Relations. Ferguson will have responsibility for leading Vista Outdoor’s legislative and executive branch outreach, industry association relationships, and the company’s Political Action Committee. The complimentary report on VSTO can be downloaded at:

http://stock-callers.com/registration/?symbol=VSTO

Nautilus  

Vancouver, Washington headquartered Nautilus Inc.’s stock ended yesterday’s session 2.36% higher at $19.55 with a total trading volume of 403,369 shares. The Company’s shares have advanced 12.36% in the past month and 5.68% on an YTD basis. The stock is trading 9.13% above its 50-day moving average. Additionally, shares of Nautilus, which designs, develops, sources, and markets cardio and strength fitness products, and related accessories for consumer use in the US, Canada, and internationally, have an RSI of 64.47.

On December 21st, 2016, Nautilus announced that it has received two Good Design Awards for the Bowflex®, SelectTech®, 560 Dumbbells, and Schwinn® Airdyne® Pro Bike. The groundbreaking fitness solutions received this international award for their cutting-edge product design. Visit us today and download our complete research report on NLS for free at:

http://stock-callers.com/registration/?symbol=NLS

Sportsman’s Warehouse  

At the close on Wednesday, shares in Midvale, Utah headquartered Sportsman’s Warehouse Holdings Inc. recorded a trading volume of 467,221 shares, which was above their three months average volume of 439,450 shares. The stock finished 1.05% lower at $9.44. The Company’s shares have gained 4.66% in the last one month and 0.53% since the start of this year. The stock is trading above its 50-day moving average by 2.72%. Furthermore, shares of Sportsman’s Warehouse Holdings, which together with its subsidiaries, operates as an outdoor sporting goods retailer in the US, have an RSI of 51.68.

On November 17th, 2016, Sportsman’s Warehouse reported that net sales increased by 13.0% to $217.2 million in Q3 2016, from $192.1 million in Q3 2015. Same store sales increased by 2.1% over the same period. The Company’s income from operations increased 7.2% to $20.5 million in the reported quarter from $19.2 million in Q3 2015.  The Company opened five new stores in Q3 2016 and ended the quarter with 75 stores in 20 states, a unit increase of 17.2% from the end of Q3 2015. Get free access to your technical report on SPWH at:

http://stock-callers.com/registration/?symbol=SPWH

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SOURCE Chelmsford Park SA

Thousands of Fans Tug-Of-War For Pizza

ORLANDO, Fla., Jan. 5, 2017 /PRNewswire/ — What’s college football without Pizza? Intelligent Entertainment of Central Florida teamed up with the ESPN and SkyCam at the 2016 Russell Athletic Bowl to deliver the first ever SkyCam Tug-of-War with the winning section receiving a FREE PIZZA right to their mobile device!

“By aggregating texts from the crowd in real time, the SkyCam moves around the stadium controlled by the fans during the one minute promotion,” explained Ruben Garcia, Vice President of Business Development for Intelligent Entertainment. “The SkyCam is pulled toward the section with the highest percentage of participants; at the end of the activation, the winning section receives a mobile coupon, driving traffic to local Little Caesars.”

Little Caesars is proud to be the feature sponsor for the first-ever SkyCam Tug-of-War. “It’s a great way for Little Caesars to create a stronger bond between our brand and collegiate sports fans,” said Mitchell Lowe, President of Sizzling Platter, a national Little Caesars franchisee. “This is the perfect activation for Little Caesars, it’s an innovative way to connect with fans during the game and then to encourage them to visit our restaurants afterwards.”

SkyCam is the innovative industry leader that brings an unmatched perspective to sporting events through their suspended aerial camera systems. “This is a great opportunity to utilize SkyCam WildCat technology outside of the linear broadcast, and extend our presence to in-venue fan enhancement,” outlined Stephen Wharton, CTO for SkyCam. ” It really embodies our dedication to bringing one-of-kind experiences to sports fans everywhere.”

Intelligent Entertainment has plans to launch their new product, ZipBlimp in early 2017 for those events that don’t have Skycam. The ZipBlimp will also be fan controlled flying apparatus and will deliver mobile prizes to the crowd. Visit www.zipblimp.com for additional information.

About Intelligent Entertainment

Intelligent Entertainment is the premier end-to-end, fan-activated engagement solution for sporting and live entertainment venues. Intelligent Entertainment’s ZipBlimp features patent-pending technology that marries cutting-edge unmanned aerial systems (UAS) with mobile prize delivery. ZipBlimp is helium-based and suitable for indoor and outdoor venues.

Contact:

Ruben Garcia
Vice President, Business Development
Intelligent Entertainment, LLC
914.384.9322
140215@email4pr.com 
www.zipblimp.com

SOURCE Intelligent Entertainment