News Article | February 15, 2017
Les résultats de Mount Sinaï, de l'Université de Washington, et des laboratoires de Cold Spring Harbor seront présentés à AGBT ANN ARBOR, Michigan, 15 février 2017 /PRNewswire/ -- Swift Biosciences a annoncé aujourd'hui la mise sur le marché de son kit de préparation de bibliothèque Accel-NGS® XL, la solution de séquençage la plus rapide pour le séquençage du génome entier sur les plateformes Pacific Biosciences® (PacBio®). Ce kit de préparation de bibliothèque, spécialement optimisé pour la technologie de séquençage d'une simple molécule en temps réel (SMRT®) de PacBio, fournit des lectures de séquençage significativement plus longues avec un simple workflow à tube unique utilisant des introductions d'échantillons réduites. Swift Biosciences accepte dès maintenant des commandes pour le kit Accel-NGS XL —vendu exclusivement par Swift. « Grâce à son workflow convivial de quatre heures et ses plus longues lectures, le kit Accel-NGS XL améliore considérablement les applications de séquençage de génome entier, telles que le séquençage d'haplotypes et d'assemblages de novo, sur n'importe quel génome y compris le génome microbien, végétal, animal, et humain », a déclaré Haley Fiske, directrice commerciale de Swift Biosciences. « Ces améliorations de la qualité et du workflow aident les utilisateurs de PacBio à obtenir des résultats plus significatifs dans chaque passage tout en doublant leur productivité. » Dans le cadre de l'assemblée générale AGBT 2017, Swift Biosciences et plusieurs collaborateurs scientifiques ont présenté deux affiches dévoilant les données de séquençage générées grâce à cette nouvelle chimie. La première affiche, intitulée « Une méthode améliorant la longueur de lecture du séquençage SMRT », a affiché les résultats, générés en collaboration avec Mount Sinaï et les laboratoires de Cold Spring Harbor, à partir de divers génomes y compris les génomes végétaux, bactériens et l'ADN de référence humain. Les données à l'appui ont produit des lectures moyennes allant jusqu'à 20Kb, avec une introduction d'échantillon réduite de 50% et sans artefact de dimère adaptateur. Sur la deuxième affiche, intitulée « Méthodes de construction de bibliothèque améliorées pour la plateforme de séquençage Pacific Biosciences utilisant le kit de préparation de bibliothèque Accel-NGS XL pour PacBio appliqué à des clones BAC problématiques pour l'amélioration de la référence du génome humain », Robert Fulton, directeur du développement et de gestion de projet au McDonnell Genome Institute de l'Université de Washington, a présenté les résultats de séquençage de clones BAC humains qui démontrent des rendements de bibliothèque accrus avec de plus longues lectures de séquençage. « Swift Biosciences est la première société à offrir des solutions de préparation de bibliothèque sur les trois principales plateformes de séquençage, Pacific Biosystems, Illumina® et Ion Torrent™ », a ajouté Timothy Harkins, Ph.D., président-directeur général de Swift Biosciences. « Nous sommes stratégiquement axés sur l'expansion du marché NGS en simplifiant les workflows complexes avec nos technologies de bibliothèque innovantes et en apportant de nouvelles applications à chacune des plateformes de séquençage de prochaine génération (next generation sequencing, NGS). Nos bibliothèques fournissent les données de la plus haute qualité dans les applications les plus problématiques. Swift est la 'The NGS library company'. »
News Article | February 22, 2017
LOS ANGELES, Feb. 22, 2017 (GLOBE NEWSWIRE) -- Since 1999, there have been more 150,000 DUI arrests in California each year, according to the California Department of Motor Vehicles (DMV). The California State Police and California Highway Patrol routinely stop motor vehicle drivers for impaired driving, and the state conviction rate is often over 70%. The Law Offices of Rodney Nosratabadi wants California drivers to be smart and responsible while driving, and has shared these tips on how to avoid getting a DUI/DWI. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f7630230-3162-4126-aa8b-d9c44345d931 What are the Consequences of DUI/DWI The term DUI refers to drivers who are under the influence of drugs or alcohol, while DWI refers to driving while impaired. There is no practical difference in the penalties for DWI and DUI; both are treated seriously under the law. It’s illegal to operate a motor vehicle while under the influence of drugs or alcohol, or even when impaired by prescription drugs. The DMV is required to immediately suspend the driver's license of anyone suspected of driving under the influence. This law is known as Admin Per Se, or APS. If found guilty, the state will suspend the privilege of any driver who is on probation for a prior driving-under-the-influence (DUI) offense and who is caught driving with a BAC of .01% or more as measured by an alcohol screening test, or who refuses or fails to complete the test. What is the Legal Blood Alcohol Limit for California? California’s blood alcohol limit is currently 0.08% for all residential drivers over the age of 21, which means any individuals with a blood alcohol concentration (BAC) over 0.08% may be arrested. Individuals under the age of 21 may not have a BAC of 0.01% or they will be penalized. It is illegal in California to drive while addicted to drugs unless participating in a drug-treatment program. What Are the Penalties for a DUI/DWI in California? The penalties for DUI/DWI are severe. Drivers over the age of 21 may be fined, have their vehicle impounded, be forced to perform community service, and may be sent to jail. Individuals who are under 21 can have their license suspended, receive a fine, and may be required to attend a driving school; criminal charges are also possible. A DUI conviction will stay on a driver’s record for 10 years. If you or someone you know is arrested on suspicion of DUI/DWI, the Law Offices of Rodney Nosratabadi can help. Our firm represented clients in trial that resulted in not guilty verdicts in DUI, resisting arrest, strike cases, and assaulting a peace officer 2015-2016. ABOUT THE LAW OFFICES OF RODNEY NOSRATABADI Established in 2008, The Law Offices of Rodney Nosratabadi is a full-service criminal law firm in Los Angeles, California. We pride ourselves in providing criminal defense representation in LA and the surrounding counties. Our services include drug and alcohol DUIs, violent crimes, white collar crimes, sex crimes, and other criminal offenses in Southern California. With law offices in Los Angeles, Orange County, Riverside, and San Bernardino, California, we are ready to serve you. Past criminal representation included assault with a deadly weapon, resisting arrest, grand theft, domestic violence and battery. Visit our website at http://rodneydefense.com. ABOUT AXIOS PUBLIC RELATIONS Axiospr.com is a full-service boutique agency. We offer our clients the entire scope of branding, marketing and public relations services. Whether it is strategic consulting and positioning, marketing implementation, media relations, branding work, relationship building, creative design, or product launches — we do it and do it well. We are known for our ability to create innovative campaigns that are results oriented and for our flawless implementation and follow-through. Our reputation has been built on creating and implementing campaigns that help companies achieve real business results.
News Article | February 15, 2017
CHICAGO, Feb. 15, 2017 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMKR, BAC, GPOR, MS, and QCOM. To see the high-return covered-call trades uncovered by InvestorsObserver's analysts, read the InvestorsObserver's PriceWatch Alert by selecting the...
News Article | February 21, 2017
TORONTO, CANADA--(Marketwired - Feb. 21, 2017) - BacTech Environmental Corporation ("BacTech" or the "Company"), (CSE:BAC) (OTC PINK:BCCEF) today announced the results of the first 47 samples (35 routines and 12 control samples) from 3 holes drilled on a 60-hole drill program (approximately 600 m in total) at the Company's joint venture Silver- Copper-Tin tailings remediation project at Telamayu, Bolivia. The purpose of the program is to verify earlier work carried out by BacTech's partner, Mining Corporation of Bolivia ("COMIBOL"), the Bolivian state mining company, and to provide material for upcoming metallurgical work. Additional results will be released in batches over the next few weeks. Telamayu is an historic mill town situated next to Atocha, Bolivia. Over the past 80 years, the mill has treated material from 2 local mines (Tasna and Animas). The tailings from the mill make up the Antigua tailings, the subject of these assays, and the much larger Nuevo tailings. Previously, COMIBOL engaged individuals to dig test holes on the tailings (five wells of 1.5mx 1.5mx10m) with bulk samples taken every meter as well as channel samples. The test holes showed a tin grade of 0.97% and a silver content of 408 g/t. Upon completion of the execution of the contract with COMIBOL for the remediation and exploitation of the old tailings of Telamayu, which was subsequently approved by the Bolivian Congress and endorsed by an express law, BacTech had access to documents that COMIBOL's Environment Department had prepared in 2004-2005. These documents present a proposal for the exploitation of the "old tailings dam of Telamayu". Specifically, the documents deal with work to be carried out for the evaluation of the dam's potential, the technical options for metal extraction, the proposed type of plant to be employed and an estimate of the project's profitability. The historical data and grades presented above are relevant to the further exploration of the project, which the Company is currently undertaking with a drill program. BacTech is conducting a tailing evaluation program with approximately 60 holes to be drilled with the Vibracore system with systematic core sampling meter by meter. At present, 65% of the drilling program has been completed and approximately 600 core samples were sent in for chemical analysis. The results from the 3 first holes are as follows (weighted average, uncut): Admittedly, only 8% of the material has been assayed to date, but these values have exceeded our expectations. Samples consist of half NQ-size diamond core that are split on site, prepared at the Spectrolab laboratory, an ISO accredited laboratory at the Technical University of Oruro, Bolivia and assayed for gold, silver, tin and copper by fire assay for silver and by Atomic absorption or total fusion for the base metals. The QA-QC program of the Company includes insertion of certified standards every 20 samples, blanks at least every 20 samples and core duplicates every 20 samples. The remaining half core is retained onsite for verification and reference purposes. The sampling results from this drill program will be the underpinning of a resource estimation following the guidelines established by Canadian National Instrument 43-101 reporting. Once the drilling program has been completed, the Company will immediately begin metallurgical test work to determine the appropriate method for metal recovery. A complete NI 43-101 Preliminary Economic Assessment ("PEA") will then be completed. "It was a bit tricky in the beginning of the drill program as we discovered a cement-like layer up to 1 meter thick that the Vibracore had a hard time getting through. Alterations were made to the program and, at the time of writing, we are in the final stages of the program," said Ross Orr, President and CEO of BacTech. Kamil Khobzi, an engineer and Qualified Person under NI 43-101, who has visited the property, has read and approved this release. Finally, the Company also announced that it has closed a CAD$30,000 tranche of the current financing. The financing is a 5-cent unit consisting of 1 common share of the Company and 1/2 (one half) of a common share purchase warrant. One full warrant plus 10 cents buys an additional common share for 2 years from the closing of this tranche. BacTech Environmental Corporation holds the perpetual, exclusive, royalty-free rights to use the patented BACOX bioleaching technology for the reclamation of tailings and mining waste materials. The Company's principal focus is a high-grade silver/copper/tin tailings project called Telamayu, located in Atocha, Bolivia, in association with COMIBOL, the state mining group. Investigation has begun to identify opportunities in Ecuador. The Company continues to field enquiries globally with respect to additional opportunities for remediation, including licensing transactions for the technology. This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to future tailings sites, sampling or other investigations of tailing sites, the Company's ability to make use of infrastructure around tailings sites or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
News Article | February 16, 2017
FILE PHOTO - FILE PHOTO -- People walk beneath a Citibank branch logo in the financial district of San Francisco, California, U.S. on July 17, 2009. REUTERS/Robert Galbraith/File Photo WASHINGTON/NEW YORK (Reuters) - America's largest banks are to propose a complete overhaul of how financial institutions investigate and report potential criminal activity, arguing that rules imposed in the years after the Sept. 11, 2001 attacks and strengthened during the Obama administration are onerous and ineffective, sources said. The Clearing House, a trade association representing the largest U.S. banks including JPMorgan Chase & Co (JPM.N), Bank of America (BAC.N) and Citigroup (C.N), has long raised concerns about the effectiveness of the current rules, but this will be the first time the group has publicly called for them to be revamped. The proposal, which could be published as soon as Thursday, will set the stage for an intensive lobbying effort targeting bank regulators and members of the Senate and House of Representatives finance committees. President Donald Trump has said he wants to cut costly regulations for Wall Street. To keep drug traffickers and terrorists from laundering money through the U.S. financial system, federal law mandates that bank employees file a Suspicious Activity Report (SAR) with authorities if they suspect transactions could be part of a crime. Faced with record penalties in recent years over failures to alert authorities to criminal activities, banks say they now over-report, filing hundreds of thousands of SARs out of fear of later falling foul of regulators. “Now we tell banks to file a (report) on everything that might be criminal," said Gary Shiffman, CEO of compliance software maker Giant Oak. “But when everything is a priority nothing ends up being a priority.” The number of suspicious activity reports rose from 669,000 in 2013 to almost a million in 2016, according to U.S. Treasury’s Financial Crimes Enforcement Network (FINCEN), which enforces anti-money laundering rules and collects data on suspicious transactions from banks around the country. (http://tmsnrt.rs/2lRbO6Z) Complying with anti-money laundering rules, including the manpower needed to file suspicious activity reports, costs U.S. companies as much as $8 billion a year, the Heritage Foundation estimated in a report last year. The Clearing House will propose a new system under which banks do not investigate and report every transaction that could possibly raise a red flag, according to people involved in the effort. Instead, banks would focus on investigating and reporting transactions based on specific concerns relayed to them by law enforcement. Under this approach, banks could shift their focus, as law enforcement priorities change. Institutions in different parts of the country may also watch out for certain types of criminal transactions, based on information from authorities. For example, law enforcement could warn banks in the southwest of the United States to look out for drug traffickers moving funds to Mexico, according to people involved in drafting the proposal. The Clearing House will also call for the creation of an information-sharing platform that would allow banks to share data among themselves about possible criminal transactions. For international banks, the group will push for the U.S. Treasury’s FinCEN to be responsible for investigating compliance, rather than the Office of the Comptroller of the Currency, a main bank regulator. Since FinCEN is already responsible for sharing threat data with law enforcement agencies, the agency will be better able to determine if banks are making a substantial contribution to law enforcement efforts, the bank group will argue. It remains to be seen what kind of reception such a proposal will get from U.S. law enforcement officials and regulators, who have spent years learning how to turn SARs into leads for fruitful investigations. A FinCEN spokesman pointed out dozens of criminal cases made with the help of SARs listed on the agency’s website. The spokesman said the agency is unable to collect comprehensive statistics on how often SARs lead to successful prosecutions. Even if controls were loosened at the federal level, state regulators such as the New York Department of Financial Services may not let banks alter course. Just last month, the New York regulator imposed a new anti-terrorism regulation requiring banks to beef up suspicious activity reporting.
News Article | February 15, 2017
ANN ARBOR, Mich., Feb. 15, 2017 /PRNewswire/ -- Swift Biosciences today announced the commercial release of its Accel-NGS® XL Library Prep Kit, the fastest sequencing solution for whole genome sequencing on Pacific Biosciences® (PacBio®) platforms. This library preparation kit, specially optimized for PacBio's Single Molecule, Real-Time (SMRT®) sequencing technology, provides significantly longer sequencing reads with a simple, single-tube workflow utilizing lower sample inputs. Swift Biosciences is now accepting orders for the Accel-NGS XL kit -- sold exclusively by Swift. "With its easy four-hour workflow and longer read lengths, the Accel-NGS XL kit substantially improves whole genome sequencing applications, such as de novo assembly and haplotype sequencing, on any genome including microbial, plant, animal, and human," said Haley Fiske, Chief Commercial Officer of Swift Biosciences. "These quality and workflow improvements help PacBio users generate more meaningful results from every run with twice the productivity." Swift Biosciences and several scientific collaborators presented two posters at the AGBT 2017 General Meeting showcasing sequencing data generated with this new chemistry. The first poster, entitled "A Method to Improve Read Length of SMRT Sequencing," displayed results, generated in collaboration with Mount Sinai and Cold Spring Harbor Laboratories, from diverse genomes including plant, bacterial and human reference DNA. The supporting data produced average reads up to 20Kb, with 50% less sample input and no adapter dimer artifacts. In the second poster, entitled "Improved Library Construction Methods for the Pacific Biosciences Sequencing Platform Using Swift Accel-NGS XL Library Prep Kit for PacBio Applied to Challenging BAC Clones for Human Genome Reference Improvement," Robert Fulton, Director of Project Development and Management at McDonnell Genome Institute of Washington University, presented results from human BAC clone sequencing, demonstrating higher library yields with longer sequencing reads. "Swift Biosciences is the first company to offer library preparation solutions on all three major sequencing platforms, including Pacific Biosystems, Illumina®, and Ion Torrent™," stated Timothy Harkins, Ph.D., President and CEO of Swift Biosciences. "We are strategically focused on expanding the NGS market by simplifying complex workflows through our innovative library technologies and bringing new applications to each of the NGS platforms. Our libraries provide the highest quality data in the most challenging of applications. Swift is 'The NGS library company.'"
News Article | February 15, 2017
MAP Health Management, LLC., announced today a partnership with Soberlink Healthcare, LLC. designed to remotely track real-time breathalyzer results for patients with an Alcohol Use Disorder. MAP is the nation’s leader in developing technology-enabled ecosystems to improve clinical and financial outcomes for addiction and other behavioral health disorders. Soberlink is the creator of an FDA cleared, remote breathalyzer used to detect alcohol usage in the United States. The partnership will launch with a pilot program beginning in April of this year wherein certain patients whose risk for relapse is continuously measured by MAP’s patient engagement technology will be issued a Soberlink breathalyzer that links to the patient’s MAP profile. The device, which utilizes facial recognition technology, will send real-time data to MAP’s care platform when a patient performs a test with negative results, misses scheduled tests, or tests positive for alcohol use. With this information, MAP’s technology will inform the appropriate members of collaborative care teams if a patient is at an elevated risk for relapse or has returned to alcohol use. Ultimately, this data is leveraged to improve clinical outcomes and manage financial risk through facilitating early interventions and other means of mitigating recidivism and costly treatment episodes. Of the patients served by MAP’s technology platform, 54.6% of all first post-acute treatment relapses involve alcohol, regardless of the patient’s drug of choice. “The number one factor in improving outcomes is early intervention. Soberlink’s breathalyzer enables our ecosystem of patients, providers, and health insurance companies to have a real-time understanding of who is at risk. The net result is saved lives and saved dollars,” said Jacob Levenson, CEO of MAP Health Management, LLC. Assessing risk and informing care via remote, real-time breathalyzer results across large and diverse populations such as those managed by MAP’s technology is new to the addiction treatment space. “We are excited to partner with MAP and deliver our breathalyzer technology to their ecosystem. Our FDA cleared device has shown in numerous studies to be a significant factor in improving outcomes. We are very excited to see the actionable data from our devices be utilized by MAP to improve outcomes,” said Brad Keays, CEO of Soberlink Healthcare, LLC. MAP also recently announced a partnership with Intent Solutions, the makers of TAD™, a biometric medication adherence device. “We will be announcing more powerful partnerships soon that will significantly change how people with Substance Use Disorder are delivered care across the entire treatment continuum,” Said Jacob Levenson. MAP develops technology-enabled solutions that improve clinical and financial outcomes for chronic behavioral health illnesses such as Substance Use Disorder. MAP empowers treatment providers, health insurance companies, health systems, and patients with the right data at the right time in order to improve clinical and financial outcomes. For more information, visit https://www.thisismap.com. To download the recently released white paper, ‘The 5 Key Factors to Successful Behavioral Health Population Management’, visit: https://thisismap.com/insights/white-papers/5-key-factors-successful-behavioral-health-population-management. Soberlink is committed to changing the perception of alcohol use disorder by developing technology for addiction and recovery management. In 2016, the Soberlink Cellular Device gained FDA 510(k) clearance for medical use. The Soberlink System promotes accountability and connectivity with real-time BAC testing. Soberlink’s passionate pursuit of better recovery drove the company to develop the world’s first web connected breathalyzer with facial recognition software. The company remains at the forefront of innovation in the handheld, mobile breath category with the patented Soberlink Cellular, Soberlink Bluetooth and Sober Sky Web Portal. For more information, visit https://www.soberlink.com/.
News Article | February 15, 2017
NEW YORK--(BUSINESS WIRE)--Bank of America today announced that it is enhancing how it engages with clients interested in pursuing positive environmental and social outcomes through impact investing. For several years, client-facing professionals from the company’s Merrill Lynch Wealth Management, U.S. Trust and Merrill Edge businesses have been winning and deepening relationships through goals-based conversations. During these meaningful discussions, clients are increasingly articulating impact-oriented goals alongside their overall financial priorities. “We’re focused on innovation as we develop our environmental, social and governance (ESG) capabilities, and going right where our clients are taking us,” said Andy Sieg, head of Merrill Lynch Wealth Management. “Not so long ago, impact investments were a small part of most goals-based discussions with clients. Today, however, there are more ways for clients to align their values with their investments, and they are proactively seeking information and opportunities during conversations with advisors.” A recent U.S. Trust study found that 38 percent of wealthy individuals have or are interested in impact investments today.1 Other industry research has found that nearly half of affluent investors are interested in participating in socially responsible investments over the next 12 months.2 Additionally, 74 percent of investors say they would be more likely to work with an advisor who could offer investment strategies that result in both competitive returns and a positive impact on society.2 Today, 17 percent of Merrill Lynch advisors use five or more impact investing solutions to help meet their clients’ needs – twice as many advisors compared to just three years ago. To address these trends and growing demand, the company is enhancing its process, platform and resources dedicated to impact investing. New and expanded capabilities will further incorporate clients’ impact investing preferences into wealth planning tools and portfolio construction, including: “As impact investment allocations within portfolios increase, a stronger connection between financial and impact goals will be key to meeting client needs and winning in the marketplace,” said Keith Banks, head of the Global Wealth and Investment Management Chief Investment Office (CIO) and Investment Solutions Group, and president of U.S. Trust. The CIO organization has recently introduced implementation guidance for a range of impact investment solutions, including those focused on gender equality, health care, education and environmental sustainability. This month, a new impact investing guide was also introduced to help U.S. Trust and Merrill Lynch advisors gain a deeper understanding of the interest and opportunities in this area, including how to identify and address the needs of a growing number of clients. In addition, the CIO organization will publish new whitepapers during the first half of the year focused on the risk and performance realities of impact investing, along with gender lens investing. Early discussions have also begun with industry experts in the field of impact data and metrics about the possibility of building a measurement and reporting framework that would show clients their current exposure to and progress towards impact goals. “In addition to becoming more mainstream, impact investing has undergone an evolution, empowering investors to look well beyond just negative screens to pursue positive change and competitive returns through a variety of investment vehicles,” said Jackie VanderBrug, managing director and investment strategist for U.S. Trust. “Consumers and investors have also become more aware of the impact of the products they purchase and the companies they invest in. A good example of this is the field of gender lens investing, which has emerged from the growing economic role of women around the world.” Sieg and VanderBrug will discuss these and other impact investing trends among Merrill Lynch and U.S. Trust clients and throughout the industry as part of a powerful lineup of speakers at the 2017 Impact Investing Conference, hosted by editors from The Economist, on Wednesday, February 15 in New York. The inaugural event will bring together more than 200 leading impact investors, policymakers, academics and philanthropists to discuss obstacles to mainstreaming impact investing, overcoming measurement challenges, gender lens investing, and the relationship between the public and private sectors. Bank of America is the founding sponsor of the event. Bank of America officially launched an impact investing program in 2013 to meet rapidly growing client demand for investments that have a positive impact on society or the environment without sacrificing performance. As of December 31, 2016, clients of Bank of America’s investment businesses had more than $11.3 billion in assets with a clearly defined ESG approach. Bank of America itself is committed to ESG leadership in its own business as a key to delivering shareholder value. The company’s approach in these areas reflects how it builds and maintains trust and credibility as a company that people want to work for, invest in and do business with. Highlights of these efforts include the company’s employment practices, responsible product and service offerings, and investments in creating a sustainable global economy. 1 2016 U.S. Trust Insights on Wealth and Worth® Survey 2 TIAA Second Annual Practice Management Study, 2016 Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 46 million consumer and small business relationships with approximately 4,600 retail financial centers, approximately 15,900 ATMs, and award-winning online banking with approximately 34 million active accounts and nearly 22 million mobile active users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Visit the Bank of America newsroom for more Bank of America news, and click here to register for news email alerts. Global Wealth and Investment Management is a division of Bank of America Corporation (“BofA Corp.”). Merrill Lynch Wealth Management, Merrill Edge®, U.S. Trust and Bank of America Merrill Lynch are affiliated sub-divisions within Global Wealth and Investment Management. Merrill Lynch makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”) and other subsidiaries of BofA Corp. Merrill Edge is available through MLPF&S, and consists of the Merrill Edge Advisory Center (investment guidance) and self-directed online investing. MLPF&S is a registered broker-dealer, Member SIPC and a wholly owned subsidiary of BofA Corp. U.S. Trust, Bank of America Private Wealth Management operates through Bank of America, N.A., and other subsidiaries of BofA Corp. Bank of America Merrill Lynch is a marketing name for the Retirement Services business of BofA Corp.
News Article | February 15, 2017
NEW YORK--(BUSINESS WIRE)--Today, Bank of America Merrill Lynch released a breakthrough new study, which revealed major gaps in retirement readiness. Among pre-retirees, the survey discovered that half don’t have any positive financial role models and consider finance topics too taboo to discuss openly. Furthermore, financial decisions are the most second-guessed of any major life decisions, and people are more concerned about their personal economy than the overall economy. The study also explores a vast range of lifestyle and financial trade-offs and course corrections people would be willing to make to help achieve a more financially secure future. This new study, “Finances in Retirement: New Challenges, New Solutions”, is the capstone of eight studies conducted in partnership with Age Wave. This study concludes a first-of-its-kind, four-year, 50,000-respondent investigation focused on understanding the transforming nature of retirement through seven interconnected “life priorities” – family, work, health, home, giving, leisure and finances. Key findings from this latest survey of more than 4,800 respondents include: “As Americans gear up for longer retirement experiences, the responsibility for funding these later years is landing much more on their shoulders,” said Lorna Sabbia, head of Retirement and Personal Wealth Solutions at Merrill Lynch. “To navigate this new landscape, today’s retirees and future generations will need to play a more active role, which includes closing the savings ‘intention-action’ gap, planning ahead to meet their retirement goals and regularly course-correcting along the way.” Bridging the intention-action gap Today’s picture of retirement readiness shows significant room for improvement. Americans age 50+ graded themselves a “C-minus,” on average, for financial and savings behaviors. The survey also found the need to both encourage new discussions and break some taboos around sensitive but important financial topics in order to close knowledge gaps and increase confidence: “In order to better experience the great ‘upsides of aging’ and the new freedoms retirement can offer, people could take steps to better understand their finances, more openly discuss finance topics and seek out positive role models – and that process can start now, no matter what age you are,” said Kevin Crain, head of Workplace Financial Solutions. “This also opens doors for employers to play an even larger role in empowering Americans to financially prepare for their futures.” New choices: Money-saving trade-offs and course corrections Although most retirement preparedness studies have focused primarily on savings patterns, this investigation uncovered a myriad of trade-offs Americans would consider in order to improve their financial security during retirement. As tens of millions of boomers migrate into retirement, we’re likely to see a range of potential course corrections to modify family spending, continue working, downsize or relocate one’s home, barter time for services and even new innovations in the “sharing economy” geared to retirees. Some examples of course corrections include: “This study underscores that thriving in retirement requires looking through the interconnected lenses of all major life priorities – family, health, home, work, leisure, giving and finances – and anticipating how you want to live, what matters most to you, and the trade-offs you can make today to more generously fund your future self,” said Ken Dychtwald, Ph.D., CEO and founder of Age Wave. “Although we are all challenged to fund our longer lives, this suite of studies has repeatedly revealed that Americans remain quite hopeful and are willing to consider a wide range of course corrections in order to enjoy a secure retirement.” To download the “Finances in Retirement: New Challenges, New Solutions” study and interactive graphics, visit www.ml.com/retirementstudy. This report is based on a nationally representative survey of 4,854 respondents age 25+, and is the capstone study of a series of in-depth studies focusing on seven life priorities, including an initial benchmark study. To access all eight studies and additional content and resources related to these seven life priorities, visit www.ml.com/retirementstudy. Age Wave Age Wave is the nation’s foremost thought leader on population aging and its profound business, social, financial, health care, workforce, and cultural implications. Under the leadership of Founder/CEO Dr. Ken Dychtwald, Age Wave has developed a unique understanding of new generations of maturing consumers and workers and their expectations, attitudes, hopes, and fears regarding retirement. Since its inception in 1986, the firm has provided breakthrough research, compelling presentations, award-winning communications, education and training systems, and results-driven marketing and consulting initiatives to over half the Fortune 500. For more information, please visit www.agewave.com. (Age Wave is not affiliated with Bank of America Corporation.) Merrill Lynch Global Wealth Management Merrill Lynch Global Wealth Management is a leading provider of comprehensive wealth management and investment services for individuals and businesses globally. With 14,629 financial advisors and $2.1 trillion in client balances as of December 31, 2016, it is among the largest businesses of its kind in the world. Merrill Lynch Global Wealth Management specializes in goals-based wealth management, including planning for retirement, education, legacy, and other life goals through investment, cash and credit management. Within Merrill Lynch Global Wealth Management, the Private Banking and Investment Group focuses on the unique and personalized needs of wealthy individuals, families and their businesses. These clients are served by more than 190 highly specialized private wealth advisor teams, along with experts in areas such as investment management, concentrated stock management and intergenerational wealth transfer strategies. Merrill Lynch Global Wealth Management is part of Bank of America Corporation. For more information, please visit https://www.ml.com/financial-goals-and-priorities.html. Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 46 million consumer and small business relationships with approximately 4,600 retail financial centers, approximately 15,900 ATMs, and award-winning online banking with approximately 34 million active accounts and nearly 22 million mobile active users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. Bank of America Merrill Lynch is a marketing name for the Retirement Services business of Bank of America Corporation (BofA Corp). Banking activities may be performed by wholly owned banking affiliates of BofA Corp, including Bank of America, N.A. (BANA), member FDIC. Certain associates are registered representatives with Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S) – a registered broker-dealer, member SIPC, and wholly owned subsidiary of BofA Corp – and may assist you with investment products and services outside of Heath Benefit Solutions. MLPF&S does not provide any services for the Bank of America HSA. Visit the Bank of America newsroom for more Bank of America news, and click here to register for news email alerts.
News Article | March 2, 2017
LONDON, March 2, 2017 /PRNewswire/ -- nected Breath Analyzer Devices A breath analyzer is a device, which is commonly used for estimating blood alcohol content (BAC) from a breath sample. Connected breath analyzers are connected to smart devices such as smartphones, tablets, or smart...