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CLAYTON, Mo. , Dec. 9, 2024 /PRNewswire/ -- As previously announced, Olin Corporation OLN will host an Investor Day on Thursday, December 12 from 9:00am – 12:00pm (ET). Ken Lane , President & CEO, and Todd Slater , SVP & CFO, will be joined by other members of the Executive Leadership Team to present an in-depth overview of Olin's strategic vision, including its value-first commercial approach, deep dives into each business, disciplined capital allocation strategy, and updated financial targets. The event will also include an opportunity for in-person and virtual attendees to ask questions during a Q&A session. In person attendance is limited to pre-registered attendees only, however, a live webcast of the event as well as the supporting materials will be available via Olin's website. See below for details. Webcast Details A live webcast will be accessible from www.olin.com . A replay of the 2024 Investor Day will be available within 24 hours of the event's conclusion. Presentation Slides Presentation slides will be available at the time of the event and may be accessed via the Investor Events page on the Olin website. COMPANY DESCRIPTION Olin Corporation is a leading vertically integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, industrial cartridges, and clay targets. Visit www.olin.com for more information on Olin. FORWARD-LOOKING STATEMENTS This communication includes forward-looking statements. These statements relate to analyses and other information that are based on management's beliefs, certain assumptions made by management, forecasts of future results, and current expectations, estimates and projections about the markets and economy in which we and our various segments operate. The statements contained in this communication that are not statements of historical fact may include forward-looking statements that involve a number of risks and uncertainties. We have used the words "anticipate," "intend," "may," "expect," "believe," "should," "plan," "outlook," "project," "estimate," "forecast," "optimistic," "target," and variations of such words and similar expressions in this communication to identify such forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the Company's intent to repurchase, from time to time, the Company's common stock. These statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions, which are difficult to predict and many of which are beyond our control. Therefore, actual outcomes and results may differ materially from those matters expressed or implied in such forward-looking statements. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise. The payment of cash dividends is subject to the discretion of our board of directors and will be determined in light of then-current conditions, including our earnings, our operations, our financial conditions, our capital requirements and other factors deemed relevant by our board of directors. In the future, our board of directors may change our dividend policy, including the frequency or amount of any dividend, in light of then-existing conditions. The risks, uncertainties and assumptions involved in our forward-looking statements, many of which are discussed in more detail in our filings with the SEC, including without limitation the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2023 , and our Quarterly Reports on Form 10-Q and other reports furnished or filed with the SEC, include, but are not limited to, the following: Business, Industry and Operational Risks sensitivity to economic, business and market conditions in the United States and overseas, including economic instability or a downturn in the sectors served by us; declines in average selling prices for our products and the supply/demand balance for our products, including the impact of excess industry capacity or an imbalance in demand for our chlor alkali products; unsuccessful execution of our strategic operating model, which prioritizes Electrochemical Unit (ECU) margins over sales volumes; failure to identify, attract, develop, retain and motivate qualified employees throughout the organization and ability to manage executive officer and other key senior management transitions; failure to control costs and inflation impacts or failure to achieve targeted cost reductions; our reliance on a limited number of suppliers for specified feedstock and services and our reliance on third-party transportation; the occurrence of unexpected manufacturing interruptions and outages, including those occurring as a result of labor disruptions and production hazards; exposure to physical risks associated with climate-related events or increased severity and frequency of severe weather events; availability of and/or higher-than-expected costs of raw material, energy, transportation, and/or logistics; the failure or an interruption, including cyber-attacks, of our information technology systems; our inability to complete future acquisitions or joint venture transactions or successfully integrate them into our business; risks associated with our international sales and operations, including economic, political or regulatory changes; our indebtedness and debt service obligations; weak industry conditions affecting our ability to comply with the financial maintenance covenants in our senior credit facility; adverse conditions in the credit and capital markets, limiting or preventing our ability to borrow or raise capital; the effects of any declines in global equity markets on asset values and any declines in interest rates or other significant assumptions used to value the liabilities in, and funding of, our pension plans; our long-range plan assumptions not being realized, causing a non-cash impairment charge of long-lived assets; Legal, Environmental and Regulatory Risks changes in, or failure to comply with, legislation or government regulations or policies, including changes regarding our ability to manufacture or use certain products and changes within the international markets in which we operate; new regulations or public policy changes regarding the transportation of hazardous chemicals and the security of chemical manufacturing facilities; unexpected outcomes from legal or regulatory claims and proceedings; costs and other expenditures in excess of those projected for environmental investigation and remediation or other legal proceedings; various risks associated with our Lake City U.S. Army Ammunition Plant contract and performance under other governmental contracts; and failure to effectively manage environmental, social and governance (ESG) issues and related regulations, including climate change and sustainability. All of our forward-looking statements should be considered in light of these factors. In addition, other risks and uncertainties not presently known to us or that we consider immaterial could affect the accuracy of our forward-looking statements. View original content to download multimedia: https://www.prnewswire.com/news-releases/reminder-to-join-olin-corporations-investor-day-on-december-12-2024-302326685.html SOURCE Olin Corporation © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Louisiana Tech coach Sonny Cumbie knows how to pull off a bowl game upset. Flash back to the 2004 Holiday Bowl, when Cumbie threw for 520 yards to lead No. 23 Texas Tech to a 45-31 win over Aaron Rodgers, Marshawn Lynch and No. 4 California. Twenty years later, Cumbie hopes to engineer another postseason surprise as Louisiana Tech (5-7) is a prohibitive underdog against No. 22 Army (11-2) in the Independence Bowl on Saturday in Shreveport, La. The Bulldogs weren't supposed to be a part of this game. They are a replacement for Marshall (10-3), which withdrew because of the exodus of at least 25 players through the transfer portal. Enter Louisiana Tech, which adds local flavor as Shreveport is an hour drive from the Bulldogs' campus in Ruston. Cumbie said that the seniors were especially excited after they had left campus for the holiday break figuring their college careers were over. "The first guys we got on the phone with were the seniors," Cumbie said. "They thought it was like a prank call. They thought we were jacking with them." Louisiana Tech is dealing with 16 portal losses, including several linemen from a defense which allowed 301.9 yards per game, the best mark in Conference USA. Defensive lineman David Blay, who led the Bulldogs in sacks (6.5) and tackles for a loss (10.5), has committed to Miami. Offensively, Louisiana Tech averages just 3.0 yards per carry. The Bulldogs rely more on Evan Bullock, who has thrown for 1,932 yards and 14 touchdowns with just two interceptions. Army has an opportunity to finish the season on a positive note after surrendering the Commander-in-Chief's Trophy in a deflating 31-13 loss to Navy on Dec. 14. It's also a chance for Bryson Daily to rebound as he threw three interceptions against Navy after tossing just one previously in the regular season. Daily, who finished sixth in voting for the Heisman Trophy, is the bell cow in Army's rush-heavy triple-option offense. He has carried for 1,532 yards and 29 touchdowns and has also thrown for nine scores. Army will be without its second-best running threat, Kanye Udoh, who announced his transfer to Arizona State hours after the Navy game, prompting Black Knights coach Jeff Monken to call the transfer landscape "off the rails." "I don't think it's healthy to have a transfer portal window open during the season," Monken said. Udoh rushed for 1,117 yards and 10 touchdowns this season. If Army can handle Louisiana Tech, it will finish with 12 wins, which would be the most in a season in program history, even if it didn't get the one it wanted the most. "Anytime you get your butt whipped, you want to get back out there and prove that's not who we are," Monken said. This will be Louisiana Tech's first bowl appearance since 2020 and its sixth time in the Independence Bowl, where it has a 3-2 record. Army was last in a bowl game in 2021, and this is its second appearance in the Independence Bowl. In its first appearance, it lost to Auburn 32-29 in 1996. Army and Louisiana Tech have met twice before, with the Black Knights winning both matchups in 2008 and 2013. --Field Level MediaThe UN's marathon climate summit neared the finish line early Sunday, with nations due to approve or reject a hotly-disputed deal for wealthy historic emitters to provide at least $300 billion to poorer countries that had demanded much more. After an exhausting two weeks of negotiations in Azerbaijan's Caspian Sea capital of Baku, COP29 president Mukhtar Babayev declared open the final summit plenary after midnight, two days after the conference was officially scheduled to end. A final text was released following several sleepless nights for negotiators, with tensions boiling over as small islands states and the world's poorest countries walked out of one meeting. "This package is an affront to us. We are the countries that have the most at stake," said Tina Stege, climate envoy of the Marshall Islands, an atoll nation threatened by rising seas. Top German negotiator Jennifer Morgan told AFP that countries would be presented a "take it or leave it" deal. Before the closing session, delegates huddled in small groups on the floor of the main conference room inside Baku's sports stadium to pore over copies of the latest draft deal line by line. "I know that none of us want to leave Baku without a good outcome," Babayev said. A number of countries have accused Azerbaijan, an authoritarian oil and gas exporter, of lacking the experience and will to meet the moment, as the planet again sets temperature records and faces rising deadly disasters. Small island nations and impoverished African states on Saturday angrily stormed out of a meeting with Azerbaijan, saying their concerns had been ignored. "I think it caught a lot of people by surprise," said Brazil's climate envoy, Ana Toni. "It all happened very quickly." The walkout triggered an emergency meeting between those nations and top negotiators from the European Union, United States and Britain with the COP29 presidency in which new proposals were made. Wealthy countries and small island nations have also been concerned by efforts led by Saudi Arabia to water down calls from last year's summit to phase out fossil fuels. The final text proposes that rich nations raise to at least $300 billion a year by 2035 their commitment to poorer countries to fight climate change. It is up from $100 billion now provided by wealthy nations under a commitment set to expire -- and from $250 billion proposed in a draft Friday. That offer was slammed as offensively low by developing countries, which have demanded at least $500 billion to build resilience against climate change and cut emissions. Sierra Leone's climate minister Jiwoh Abdulai, whose country is among the world's poorest, called the draft "effectively a suicide pact for the rest of the world". Developing power Brazil pleaded for at least some progress and said it would seek to build on it when it leads COP30 next year in the Amazon gateway of Belem. "After the difficult experience that we're having here in Baku, we need to reach some outcome that is minimally acceptable in line with the emergency we're facing," Brazil's environment minister Marina Silva told delegates. As staff at the cavernous and windowless stadium began packing up, diplomats rushed between meetings, some armed with food and water in anticipation of another late night. Panama's outspoken negotiator, Juan Carlos Monterrey Gomez, warned not to repeat the failure of COP15 in Copenhagen in 2009. "I'm sad, I'm tired, I'm disheartened, I'm hungry, I'm sleep-deprived, but there is a tiny ray of optimism within me because this cannot become a new Copenhagen," he told reporters. Climate activists shouted "shame" as US climate envoy John Podesta walked the halls. "Hopefully this is the storm before the calm," he said. Wealthy nations say it is politically unrealistic to expect more in direct government funding. Donald Trump, a sceptic of both climate change and foreign assistance, returns to the White House in January and a number of other Western countries have seen right-wing backlashes against the green agenda. The draft deal posits a larger overall target of $1.3 trillion per year to cope with rising temperatures and disasters, but most would come from private sources. South African Environment Minister Dion George, however, said: "I think being ambitious at this point is not going to be very useful." The United States and EU have wanted newly wealthy emerging economies like China -- the world's largest emitter -- to chip in. The final draft encouraged developing countries to make contributions on a voluntary basis, reflecting no change for China which already pays climate finance on its own terms. The EU and other countries have also tussled with Saudi Arabia over including strong language on moving away from fossil fuels, which negotiators say the oil-producing country has resisted. "We will not allow the most vulnerable, especially the small island states, to be ripped off by the new, few rich fossil fuel emitters," said German Foreign Minister Annalena Baerbock. bur-np-sct-lth/jm
Like Kylie Minogue, Cathy Freeman or AC/DC, Australia has its fair share of icons. And one of the most unique might just be a little fat cat from Victoria who loves to meow. Bender is the enigma known as 'Huh Cat' — a cat who skyrocketed to fame after a clip of him meowing was transformed into a viral meme, a piece of media that's usually funny in nature and spread rapidly by internet users. It's not quite clear how and why Bender was chosen by the internet, but the celebrity cat now boasts a combined four million followers across TikTok and Instagram. The reason for his fame? 'Saying' the word 'huh?'. Huh Cat became a viral meme seemingly overnight. A video posted in 2021 showed Bender making a confused and shocked-looking face as he meowed. The video was later dubbed in 2023 with the now famous 'huh?' sound quickly going viral and gaining millions of views and fans. A legend was born. But what you might not have realised is that this 15-year-old celebrity cat lives in an apartment in the foothills of Victoria's Dandenong Ranges. Yep, Australia has its very own famous cat. 'An overnight success' Bender's owner is the 73-year-old Nellie Cage. She lives inside a little unit in Tecoma, 35km east of Melbourne. While she might never have envisioned herself becoming a content creator in her 70s, Cage has taken to the creator life and runs the Huh Cat social media pages. Huh Cat has 3.2 million followers on TikTok and over 700,000 followers on Instagram. "I started with bits and pieces and then one day I just posted him meowing a few things, and his meow just went viral," Cage told SBS News. "It was an overnight success. "I don't know who did the dubbing of the 'huh'. There were two videos. One went viral when he was by the... Alexandra KosterMAPUTO, Mozambique (AP) — Violence that engulfed Mozambique after the country's highest court confirmed ruling Frelimo party presidential candidate Daniel Chapo as the winner of disputed Oct. 9 elections killed at least 21 people, including two police officers, authorities said Tuesday. Read this article for free: Already have an account? To continue reading, please subscribe: * MAPUTO, Mozambique (AP) — Violence that engulfed Mozambique after the country's highest court confirmed ruling Frelimo party presidential candidate Daniel Chapo as the winner of disputed Oct. 9 elections killed at least 21 people, including two police officers, authorities said Tuesday. Read unlimited articles for free today: Already have an account? MAPUTO, Mozambique (AP) — Violence that engulfed Mozambique after the country’s highest court confirmed ruling Frelimo party presidential candidate Daniel Chapo as the winner of disputed Oct. 9 elections killed at least 21 people, including two police officers, authorities said Tuesday. Mozambique Interior Minister Pascoal Ronda told a news conference in Maputo late Tuesday that a wave of violence and looting was sparked by the court’s announcement a day earlier. He said it was led by mostly youthful supporters of losing candidate Venancio Mondlane, who received 24% of the vote, second to Chapo, who got 65%. “From the preliminary survey, in the last 24 hours, 236 acts of violence were recorded throughout the national territory that resulted in 21 deaths, of which two members of the Police of the Republic of Mozambique also died,” Ronda said. He said 13 civilians and 12 police were injured. Ronda said 25 vehicles were set on fire, including two police vehicles. He added that 11 police subunits and a penitentiary were attacked and vandalized and 86 inmates were freed. Tensions were high in the country ahead of the The Constitutional Council ruling on Monday and violent protests started immediately after the announcement was made. Footage circulating on various social media platforms showed protesters burning and looting shops in the capital Maputo and the city of Beira, where some city officials were reported to have fled the city. Mondlane has called for a “shutdown” starting Friday but violence in the country has already escalated and the situation remained tense in the capital on Tuesday night following a day of violence and looting by protesters. The country of 34 million people has been on edge since the Oct. 9 general elections. Mondlane’s supporters, mostly hundreds of thousands of young people, have since taken to the streets, and have been met by gunfire from security forces. This brings to more than 150 the number of people who have died from post-election violence since the initial results were announced by the country’s electoral body. Advertisement
Boost for City after Canal+ given green light to list in London: Shares in French film studio to start trading before ChristmasSGR-1505 is under clinical development by and currently in Phase I for Burkitt Lymphoma. According to GlobalData, Phase I drugs for Burkitt Lymphoma have a 68% phase transition success rate (PTSR) indication benchmark for progressing into Phase II. GlobalData tracks drug-specific phase transition and likelihood of approval scores, in addition to indication benchmarks based off 18 years of historical drug development data. Attributes of the drug, company and its clinical trials play a fundamental role in drug-specific PTSR and likelihood of approval. SGR-1505 overview SGR-1505 is under development for the treatment of BTK-resistant, refractory or relapsed B-cell non-Hodgkin lymphoma, diffuse large B-cell lymphoma, chronic lymphocytic leukemia, mantle cell lymphoma (MCL), Waldenstrom macroglobulinemia, MALT lymphoma, follicular lymphoma, Burkitt lymphoma, plasmablastic lymphoma, high-grade B-cell lymphoma, primary cutaneous follicle center lymphoma, primary effusion lymphoma, primary mediastinal large B cell lymphoma, T-cell/histiocyte rich lymphoma, ALK-positive large B-cell lymphoma, primary cutaneous diffuse large B-cell lymphoma splenic marginal zone lymphoma, nodal marginal zone lymphoma, HHV8-positive DLBCL and duodenal-type follicular lymphoma. It is administered through oral route in the form of tablet. The drug candidate acts by oncogenic activation of nuclear factor-kappa B which acts by targeting MALT1 activity. It is developed based on the artificial intelligence (AI) technology. Schrodinger overview is a healthcare technology company that provides software solutions for drug discovery. The company offers a computational platform designed with predictive modeling, data analytics and collaboration applicable to molecular discovery. Its pipeline products include SGR-1505 (MALT1) against non-Hodgkin’s lymphoma, SGR-2921 (CDC7) to treat hematological cancers and solid tumors and SGR-3515 (Wee1) for gynecological cancers, and LRRK2 for Neurology and SOS1 for cancers and others. ‘s other products include small molecule products, biological drug discovery and material science products. It provides training, documentation and support services. The company operates through offices in the US, Germany, Japan, Ireland, the UK, India, China and South Korea. is headquartered in New York City, New York, the US. For a complete picture of SGR-1505’s drug-specific PTSR and LoA scores, This content was updated on 12 April 2024 From Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors. , the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article. GlobalData’s Likelihood of Approval analytics tool dynamically assesses and predicts how likely a drug will move to the next stage in clinical development (PTSR), as well as how likely the drug will be approved (LoA). This is based on a combination of machine learning and a proprietary algorithm to process data points from various databases found on GlobalData’s .
Woman faces court, charged with murdering partner near BallaratNo. 22 Army faces unexpected foe La. Tech in Independence BowlJimmy Carter's critics turned his name into a synonym for weakness over the Iranian hostage crisis. But by any measure, he also scored major achievements on the world stage through his mix of moralism and painstaking personal diplomacy. The 39th president of the United States, who died at age 100 on Sunday, transformed the Middle East by brokering the Camp David Accords, which established an enduring and once inconceivable peace between Israel and its most serious adversary at the time, Egypt. Carter again brought a sense of righteousness and nearly obsessive attention to detail to negotiate the return of the Panama Canal to Panama, defying furor by US conservatives. In two decisions with lengthy reverberations, Carter followed up on Richard Nixon's opening by recognizing communist China, and he began arming jihadists in Afghanistan who fought back against the Soviet Union, which would collapse a decade later. But Carter was crushed by Ronald Reagan in the 1980 election in no small part due to foreign affairs after religious hard-liners toppled Iran's shah and seized US embassy staff, whose 444 days in captivity were broadcast nightly on US television. Carter ordered an aborted rescue mission in which eight US troops died in a helicopter crash. Asked at a 2015 news conference about his biggest regret, Carter replied: "I wish I'd sent one more helicopter to get the hostages -- and we would have rescued them and I would have been reelected." The Iran debacle led to attacks that Carter was "weak," an image he would struggle to shake off as Republicans cast him as the archetypal contrast to their muscular brand of foreign policy. The former peanut farmer's public persona did little to help, from a widely panned speech pleading for shared sacrifice to an incident that went the pre-internet version of viral in which Carter shooed away a confrontational rabbit from his fishing boat. Robert Strong, a professor at Washington and Lee University who wrote a book on Carter's foreign policy, said the late president had been inept in public relations by allowing the "weak" label to stick. "The people who worked with Carter said exactly the opposite -- he was stubborn, fiercely independent and anything but weak," Strong said. "That doesn't mean he was always right, but he wasn't someone who held his finger in the wind allowing whatever the current opinion was to win." Strong said that Carter defied his political advisors and even his wife Rosalynn by pushing quickly on the Panama Canal, convinced of the injustice of the 1903 treaty that gave the meddlesome United States the zone in perpetuity. "Every president says, 'I don't care about public opinion, I'll really do what's right,'" Strong said. "Most of the time when they say that, it's not true. To a surprising extent with Carter, it was true." Carter, a devout Christian, vowed to elevate human rights after the cold realpolitik of Nixon and Henry Kissinger. Years after the fact, he could name political prisoners freed following his intervention in their cases, and took pride in coaxing the Soviet Union to let thousands of Jewish citizens emigrate. But the rights focus came to a head on Iran when Shah Mohammad Reza Pahlavi -- a Western ally whose autocratic rule by decree brought economic and social modernization -- faced growing discontent. Reflecting debate throughout the administration, Zbigniew Brzezinski, Carter's more hawkish national security advisor, believed the shah should crush the protests -- a time-tested model in the Middle East. Secretary of state Cyrus Vance, who would later quit in opposition to the ill-fated helicopter raid, wanted reforms by the shah. Stuart Eizenstat, a top adviser to Carter, acknowledged mistakes on Iran, which the president had called an "island of stability" on a New Year's Eve visit a little more than a year before the revolution that ultimately saw the shah flee the country. But Eizenstat said Carter could not have known how much the shah had lost support or that he was to die from cancer within months. "It was the single worst intelligence failure in American history," Eizenstat said in 2018 as he presented a book assessing Carter as a success. Uniquely among modern US presidents, much of Carter's legacy came after he left the White House. He won the Nobel Peace Prize more than two decades after his defeat at the polls. The Carter Center, which he established in his home state of Georgia, has championed democracy and global health, observing elections in dozens of countries and virtually eradicating guinea worm, a painful infectious parasite. Carter also took risks that few others of his stature would. He paid a landmark visit to North Korea in 1994, helping avert conflict, and infuriated Israel by asking if its treatment of the Palestinians constituted "apartheid." But the accusations of weakness never went away. Conservative academic William Russell Mead, in a 2010 essay in Foreign Policy magazine, called on then-president Barack Obama to avoid "Carter Syndrome," which he described as "weakness and indecision" and "incoherence and reversals." Carter personally responded in a letter that listed accomplishments on the Camp David accords, China, the Soviet Union and human rights, while describing the fall of Iran's shah as "obviously unpredictable." "Although it is true that we did not become involved in military combat during my presidency, I do not consider this a sign of weakness or reason for apology," he wrote.