Day: April 12, 2023

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Dubai Hospitality Platform Qstay Expands to Ras Al Khaimah, London, and Riyadh

DUBAI, ARAB EMIRATES / ACCESSWIRE / April 12, 2023 / Dubai DIFC-based Qstay Hospitality Technologies, a next-generation hospitality company that is transforming the guest experience through technology and design, announced today that it is launching its first 30 properties in the emirate of Ras al Khaimah this month. In addition, the company plans to scale its model to London starting this summer, with plans to launch properties by autumn. Qstay is also planning to expand to Riyadh and the Emirates of Fujairah and Abu Dhabi later this year.

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Since its founding, Qstay has been on a mission to redefine the hospitality industry through modern, technology-powered service and inspiring, thoughtfully designed accommodations, combined into one seamlessly managed experience. The company operates over 250 properties, with 200 more signed and expects to have 450 revenue-generating units by the end of 2023. Qstay had raised $6.5 million in seed funding and is currently closing $8.5 million pre-Series A round.

Qstay plans to capitalize on opportunities within the growing $800+ billion global lodging market and strengthen its position as a differentiated, rapidly growing innovator in the hospitality industry. The company’s business model focuses on providing luxury hotel-like services and amenities, such as bathrobes, slippers, luxury toiletries, bathroom amenities, tea, Starbucks coffee, and digital app-based access to external facilities such as nearby pools, private beaches, gyms, and spas.

Qstay is developing a differentiated, AI-powered tech-driven platform that will provide digital concierge and customer support, seamless booking, digital check-in, keyless entry, app-based access to hotels and resorts’ facilities with private beaches and pools, business centers, spas, and gyms. The company’s platform also includes a unified system for maintenance and service, which employs smart HVAC equipment and sensors.

“Our expansion to Ras al Khaimah, London, and Riyadh marks an important milestone for Qstay and reflects our commitment to transforming the hospitality industry through technology and design,” said Artur Khayrullin, co-founder of Qstay. “We are excited to bring our unique approach to hospitality to new markets and to provide guests with an exceptional experience that combines luxury amenities and innovative technology,” added Alec Fesenko, co-founder.

Qstay’s competitors include companies like Blueground and Sonder. However, Qstay’s differentiated approach has allowed the company to achieve higher ratings on Airbnb and Booking.com than its competitors, resulting in an exceptional occupancy rate of over 80% and an outstanding Revenue per Available Room (RevPAR) of $191, which is well above that of its competitors. The company’s revenue is growing at a rate of over 100% YoY, and it had a positive net income in Q4 2022 and Q1 2023.

As Qstay expands its operations to new markets, the company remains committed to delivering an exceptional guest experience through its technology-powered service and inspiring, thoughtfully designed accommodations.

Contact Information

Artur Khayrullin
CEO
artur@qstay.ae
+971521296590

SOURCE: Qstay Hospitality Technologies

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Escalent Acquires C Space, Hall & Partners

Union gives rise to an impressive global partner to the world’s leading businesses

Melissa Sauter

Escalent CEO

DETROIT, April 12, 2023 (GLOBE NEWSWIRE) — Top data analytics and advisory firm Escalent announces today it has acquired C Space and Hall & Partners from Omnicom. As leading partners to some of the world’s exceptional brands, Escalent, C Space and Hall & Partners have been helping companies innovate, improve, and navigate disruption for years. Now they are coming together to create a bigger, stronger and more capable partner to the world’s leading companies, combining deep industry expertise across brands, customers and products on a focused, global market insights platform to help clients find new sources of growth.

Together, the organizations have earned trusted partner status to the world’s leading brands across fast-growing industries including Automotive & Mobility, Consumer Goods & Retail, Financial Services, Health, and Technology as well as Energy, Telecom and Travel & Tourism.

“This union is rooted in unparalleled expertise in what drives human beings, cultures and markets—an understanding that makes our team incredibly valuable partners and positions our clients for success in today’s fast-paced, ever-changing business climate,” said Escalent CEO Melissa Sauter. “Together, there is tremendous growth potential for our employees, clients and shareholders across the globe.”

Escalent + C Space, Hall & Partners

Escalent Acquires C Space, Hall & Partners

Hall & Partners brings an excellent research and brand management franchise coupled with proprietary technology including an award-winning brand knowledge management platform to the union. C Space brings the market-leading solution for building communities and customer relationships, and Escalent brings a strong global platform with deep industry knowledge, and advanced capabilities in secondary research and analytics. The combined organization creates a powerful global presence with nearly 2,000 consultants, researchers, data scientists, technologists and operational experts in 20 countries.

“This acquisition is a big win for our employees,” added C Space CEO Jessica DeVlieger. “Our organizations are forward-thinking and offer employees an opportunity to nurture their professional growth through expanded products and services that have a real impact on our clients, in an environment that celebrates diversity and recognizes each team member’s valuable contributions.”

“Over the coming year, cross-company teams will work together to develop a thoughtful plan that ensures our clients and employees feel the benefits from our combined organization,” said Hall & Partners CEO Tim Wragg. “We are perfectly balanced to offer deep resources and leading technology while remaining devoted to personal client relationships. We’re eager to start working toward our future.”

DeVlieger and Wragg will continue to lead their organizations as part of Sauter’s executive leadership team. Clients will continue to work with the same experienced teams, and there are no near-term plans to change company locations or merge brand identities.

“We are very excited to put together these amazing capabilities into a focused, yet global leader dedicated to the highest quality research and insights for our clients. Together the companies create a fantastic combination of depth of expertise with scale and growth capability, while still being focused on one shared core mission. As such, the combined organization will continue to differentiate with their clients through exceptional insights and partnership,” said J.T. Treadwell, Managing Director at STG, Escalent’s financial sponsor.

About Escalent
Escalent is an award-winning data analytics and advisory firm specializing in industries facing disruption and business transformation. As catalysts of progress for more than 40 years, we accelerate growth by creating a seamless flow between primary, secondary, syndicated, and internal business data, providing consulting and advisory services from insights through implementation. Escalent is headquartered in Livonia, Michigan with locations across the US and in Canada, China, India, Ireland, the Philippines, Singapore, South Africa, UAE and the UK. Visit escalent.co to see how we are helping shape the brands that are reshaping the world.

About C Space

C Space is a global customer insight, strategy and innovation agency building customers into the ways businesses work. Partnering with the world’s best-known brands including Walmart, McDonald’s, IKEA and more, C Space helps clients unlock growth through the power of human relationships—co-creating with customers, instead of for them, for increased relevance, deeper loyalty and higher customer lifetime value. C Space’s full-service customer solutions are tailored to meet specific business needs with a focus on private online communities, co-creation events, workshops and powerful storytelling and insights activation. Headquartered in Boston, C Space has offices in London, New York, San Francisco and Mexico City.

About Hall & Partners

Hall & Partners is a team of unconventional thinkers, obsessed with how marketing influences the relationship between people, brands and culture. Born out of adland, we are the insight agency known for weaving creativity with science. We distil data through a strategic lens to reveal ‘uncommon insights’ – human truths tailored to individual brands, not blackbox data available to the masses. We partner with clients to shape brand strategy and optimize brand and campaign performance. Our award-winning approach amplifies insights across every business area, propelling marketing decision-making to create an unmatched competitive advantage. Headquartered in London, Hall & Partners has offices in New York, Los Angeles, and Chicago.

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/a9fa10fe-a141-4ab5-9823-af7a6ccf35c3

https://www.globenewswire.com/NewsRoom/AttachmentNg/fd85618f-f66f-4b47-957b-53e9fb689ffb

Contact        
Lisa Viselli, 734.779.6851

lisa.viselli@escalent.co

GlobeNewswire Distribution ID 8806130

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Responding to the Need for Accelerated Nursing Credentials Verification, CGFNS and NCSBN Step Up Collaboration to Address Gaps and Improve Efficiencies

PHILADELPHIA, PA / ACCESSWIRE / April 12, 2023 / As U.S. health systems continue to struggle with a chronic nursing shortage, the National Council of State Boards of Nursing and CGFNS International, a global leader in international credentials evaluation to support health professional mobility, are expanding their collaboration to help expedite credentials verification while boosting fraud detection and ensuring patient safety.

The cooperative effort will focus on information-sharing between the two organizations and technology improvements aimed at creating efficiencies that will streamline credentials verification for nurses applying to work in a new jurisdiction. This comes as state nursing boards across the U.S. face growing pressure to accelerate verification processes and enable nursing staff vacancies to be filled more quickly.

Meanwhile, with growing numbers of foreign-trained nurses applying to work in the United States, the collaboration will also aim to improve efficiencies in verifying their qualifications and shorten approval times, while also improving the capabilities of verification systems to detect fraudulent activities. To further strengthen fraud protection and ensure patient safety, the two organizations will work to facilitate data-sharing between CGFNS’ worldwide credentials verification systems and NCSBN’s online tools that member boards use to share information about imposter and/or fraudulent nurses.

“Together, we want to vastly reduce the time-consuming manual processes that nursing schools, licensing authorities and nurses themselves must go through to gather and verify transcripts, examination scores, licenses and other information that is essential to ensuring that nurses are qualified to practice,” said Peter Preziosi, President and CEO of CGFNS International.

“At a time when health systems are struggling to fill nursing staff vacancies, this collaboration will help expand the flow of qualified nurses to where they are needed by making verification systems more efficient, while hardening them against fraud,” he added.

“Our members, the state nursing boards, face the enormous challenge of shortening the time it takes to access the necessary information needed to gain licensure, while also ensuring the integrity of the health workforce and patient safety. The steps we are taking to interface our systems with CGFNS will help us achieve both of those goals,” said David Benton, Chief Executive Officer of the NCBSN.

About CGFNS International, Inc.
Founded in 1977 and based in Philadelphia, CGFNS International is an immigration-neutral not-for-profit organization proudly serving as the world’s largest credentials evaluation organization for the nursing and allied health professions. For more information, visit www.cgfns.org.

About NCSBN
Empowering and supporting nursing regulators across the world in their mandate to protect the public, NCSBN is an independent, not-for-profit organization. As a global leader in regulatory excellence, NCSBN champions regulatory solutions to borderless health care delivery, agile regulatory systems and nurses practicing to the full scope of their education, experience and expertise. A world leader in test development and administration, NCSBN’s NCLEX® Exams are internationally recognized as the preeminent nursing examinations.

Contact Information:

Mukul Bakhshi, Esq.
Chief of Strategy and Government Affairs
mbakhshi@cgfns.org
(215) 243-5825

SOURCE: CGFNS International

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ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Allbirds, Inc. Investors With Losses to Inquire About Securities Class Action Investigation – BIRD

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Allbirds, Inc. (NASDAQ: BIRD) resulting from allegations that Allbirds may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Allbirds securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=12941 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On March 9, 2023, after trading hours, Allbirds issued two press releases announcing “a strategic transformation plan to reignite growth in the coming years, as well as improve capital efficiency, and drive profitability” after falling short of expectations and also that the current Chief Financial Officer would step down.

On this news, the price of Allbirds’ stock fell $1.11, or 47%, to close at $1.25 per share on March 10, 2023.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8805892

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ROSEN, LEADING TRIAL ATTORNEYS, Encourages Norfolk Southern Corporation Investors with Losses to Secure Counsel Before Important Deadline in Securities Class Action – NSC

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Norfolk Southern Corporation (NYSE: NSC) between October 28, 2020 and March 3, 2023, both dates inclusive (the “Class Period”), of the important May 15, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Norfolk Southern securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Norfolk class action, go to https://rosenlegal.com/submit-form/?case_id=12322 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 15, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: During the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company’s Precision Scheduled Railroading (“PSR”), including its use of longer, heavier trains staffed by fewer personnel, had led to the Company suffering increased train derailments and a materially increased risk of future derailments; (2) the Company’s PSR, including its use of longer, heavier trains staffed by fewer personnel, was part of a culture of increased risk-taking at the expense of reasonable safety precautions due to the Company’s near-term focus solely on profits; (3) the Company’s PSR, including its use of longer, heavier trains staffed by fewer personnel, rendered the Company more vulnerable to train derailments and train derailments with potentially more severe human, financial, legal, and environmental consequences; (4) the Company’s capital spending and replacement programs were designed to prioritize profits over the Company’s ability to provide safe, efficient, and reliable rail transportation services; (5) the Company’s lobbying efforts had undermined the Company’s ability to provide safe, efficient, and reliable rail transportation services; (6) the Company’s commitment to reducing operating expenses as part of its PSR goals undermined worker safety and the Company’s purported “commitment to an injury free workplace” because the Company’s PSR plan prioritized reducing expenses through fewer personnel, longer trains, and less spending on safety training, technology, and equipment such as hot bearing wayside detectors (a/k/a “hotboxes”) and acoustic sensors; (7) the Company’s rail services were, as a result of its adoption of PSR principles, more susceptible to accidents that could cause serious economic and bodily harm to the Company, the Company’s workers, the Company’s customers, third parties, and the environment; (8) the Company had failed to put in place responsive practices and procedures to minimize the threat to communities in the event that these communities suffered the derailment of a Norfolk Southern train carrying hazardous and toxic materials; and (9) as a result, defendants’ Class Period statements detailed above regarding the safety of Norfolk Southern’s operations were materially false and/or misleading.

To join the Norfolk Southern class action, go to https://rosenlegal.com/submit-form/?case_id=12322 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8805888

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ROSEN, NATIONAL TRIAL COUNSEL, Encourages Phathom Pharmaceuticals, Inc. Investors to Inquire About Securities Class Action Investigation – PHAT

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT) resulting from allegations that Phathom may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Phathom securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=7943 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On August 2, 2022, before market hours, Phathom issued a press release entitled “Phathom Pharmaceuticals Reports Second Quarter 2022 Financial Results and Provides Business Updates” which announced that “we detected trace levels of a nitrosamine in vonoprazan drug product in our post-approval testing as we prepared for commercial launch.” Further, the press release announced that “[t]he Company is working with the FDA and plans to obtain approval of and implement an additional test method, specification, including a proposed acceptable intake limit, and additional controls to address this impurity prior to releasing our first vonoprazan-based products to the market.” Finally, Phathom announced that “[t]hese additional activities will result in a delay of the planned VOQUEZNA DUAL PAK and VOQUEZNA TRIPLE PAK product launches.”

On this news, Phathom’s stock price fell $2.61 per share, or 28%, to close at $6.46 per share on August 2, 2022.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8805871

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TCBI INVESTOR NOTICE: ROSEN, A TOP RANKED LAW FIRM, Encourages Texas Capital Bancshares, Inc. Investors to Inquire About Securities Class Action Investigation – TCBI

NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Texas Capital Bancshares, Inc. (NASDAQ: TCBI) resulting from allegations that Texas Capital may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Texas Capital securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=2747 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On March, 29, 2021, shares of Texas Capital stock dropped 13% on unusually heavy trading volume as prime brokers associated with now-defunct family office, Archegos Capital Management, unwound large U.S. stock positions linked to the fund.

A Bloomberg article published on November 16, 2021 detailed how Archegos built up a previously undisclosed position equal to 20% of Texas Capital prior to the margin calls that forced Archegos’ liquidation. According to the article, Texas Capital was aware of the large position held by Archegos while it raised additional capital from investors in February 2021.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8805881

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Watch: April assessment of clover content

Assessing the clover content of your swards now will enable you to tailor nitrogen fertiliser applications, while also allowing the identification of paddocks which may require reseeding or over sowing to increase clover content.

In the below video, Michael Egan, Teagasc Grassland Researcher, offers practical steps on completing a clover assessment.

“We’re walking every individual paddock and we’re assessing – like you would at a cover or herbage mass – the level of clover content on those individual paddocks that we can then record on PastureBase later on,” he explained.

To aid in this assessment, Michael highlighted the use of the Teagasc Guide to Sward Clover Content, which gives a visual representation of clover content ranging from zero to greater than 50%. To complete the assessment, both the content and distribution of clover within a paddock must be assessed, which is achieved by continually monitoring the quantity of clover present when walking through the field. The clover content can then be recorded and saved on PastureBase Ireland, where it can be used at a later date to create tailored fertiliser plans.

Source: EMM/ The Agriculture and Food Development Authority

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Successful calf rearing the key to profitable dairy calf to beef

Fergal Maguire, Teagasc DairyBeef 500 advisor, gives an update on how calf rearing has gone for monitor farmer Aidan Maguire, Navan, Co. Meath in this article.

By January 2023, all the finishing animals on Aidan Maguire’s farm had being slaughtered. Performance was excellent, with the average carcass weight for the steers being 308kg ranging from 260kg to 352kg. Considering that the average age of slaughter of these steers was less than 22 months, these results are impressive. Aidan strongly believes that one of the keys to reduced slaughter age is having a calf at the end of the milk rearing stage that is healthy and is ready to thrive when he hits grass.

Annually, Aidan will purchase 140 calves and – up to now – he has not lost a calf in two years. One of the reasons for the low calf mortality rate on this farm is Aidan’s purchasing policy. Aidan will not buy a calf that is less than three weeks of age. Even at that, if the calf looks thin or anyway off form he will not take him. This means that the calf is over the danger period for rotavirus and coronavirus scour and if it does get a touch of crypto scour, the calf is strong enough to overcome it.

All calves are dosed for coccidiosis on the trailer and are feed that evening with 3L of milk mixed up with 450g of milk powder. For the first three or four days on farm they get 500g of milk replacer once a day and this is reduced down to 450g of milk replacer once a day until the calf is about 65 days old. Two days after the calf arrives on the farm, it will get vaccinated for pneumonia and will get an IBR vaccine intranasal. The booster for pneumonia will be administered a month later.

Like most dairy calf to beef farms, the calf shed on Aidan’s farm is not purposely built for rearing calves. The shed is high, open and can be cold. However, by putting stock board on gates and keeping calves well bedded, Aidan doesn’t have a problem with pneumonia or chills. The straw is always dry and calves can snuggle down into it during cold weather. Aidan’s guide is to use a round bale of straw per eight calves per week. Even though it seems an excessive amount of straw, he only had to inject one calf last year.

Calves in straw

When it comes to feeding milk to calves, Aidan’s philosophy is that you don’t get prizes for fat calves. He believes that the milk feeding stage of a calf’s diet should be to transition them onto solid food as quick as possible so that the rumen is well devolved by the time they go to grass. Very palatable calf starter meal is introduced to calves the moment they arrive on farm. Fresh water and straw is kept in with the calves at all times. By day 65, the calves are eating upon 2kg of meal and this is when he reduces the grams of milk replacer fed over the next five days. This spring’s weaned calves are consuming between 16-18kg of milk replacer in total, but are consuming over 2kg of concentrates a day by the time they are weaned. Even though Aidan does not feed a huge volume of milk replacer per calf, he has a calf that’s rumen is developed fully by being exposed to high levels of solid food during the milk feeding stage. These calves will then be able to utilise and thrive on the quality grass that they get in their first grazing season.

As soon as weather conditions improve, weaned calves are moved out to grass. They are rotationally moved every 24 hours into 1,100kg DM/ha covers and receive 1kg of meal. In 2022 that kilogram of meal was kept with calves throughout the summer because of a shortage of grass. But if there is plentiful grass supplies in mid-summer, the stronger calves are taken off the meal and go back onto it in mid-September. The aim is to have this year’s calves weighing at least 260kg at housing next winter.

Source: EMM/ The Agriculture and Food Development Authority

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Germany can’t fulfill NATO obligations – Bild

Germany is failing to live up to its NATO commitments both in terms of personnel and equipment it can provide for the military bloc’s defense, Bild has reported. The media outlet, citing an internal appraisal by the nation’s Armed Forces, the Bundeswehr, claimed that a lack of funding, as well as Berlin’s military aid to Kiev, are among the reasons for the current state of affairs.

The report published on Tuesday claims to be based on a 14-page analysis sent by Inspector of the Army Alfons Mais to Inspector General of the Bundeswehr Carsten Breuer in early March.

The combat readiness of the division which Germany pledged to put at NATO’s disposal by 2025 will only be “limited,” Bild said.

For instance, a tank division which is expected to make up part of the new unit is said to have faced a staff shortage of 21% last month.

On top of that, the division lacks the necessary equipment, which “will not be sufficiently available in the foreseeable future,” the outlet said, citing Inspector Mais.

He reportedly warned that even if the German military leadership transferred hardware from existing units, the new division would still not likely be prepared in terms of equipment by 2025.

The alleged memo also claims that the problem is not confined to that unit, but is widespread in the military. To make matters worse, the supposed prioritization of Berlin’s obligations to NATO means that the needs of the rest of the Bundeswehr must take a back seat, according to the report.

Bild quoted Mais as saying that “despite all efforts, the division will only be able to produce a limited combat readiness in 2025.”

According to the outlet, “continued underfunding” and the military aid provided to Ukraine in the form of equipment and training were cited in the memo as aggravating the situation.

In late February, German Defense Minister Boris Pistorius acknowledged that Berlin does not have “armed forces that are capable of defending [the country], that is, capable of defending against an offensive, brutally waged aggressive war.”

The official described the Bundeswehr at the time as understaffed and underequipped.

Around the same time, the head of the German Armed Forces Association (DBwV), Colonel Andre Wustner, warned that the military was facing shortages of essential hardware as a result of the weapon shipments to Ukraine.

“To date, we haven’t received a replacement for a single self-propelled howitzer that we handed over to Ukraine last year,” he said, adding that a considerable number of tanks in the German military were not operational.

Source: Russia Today