The article explains how policies may protect a home, belongings, liability risks, and living expenses while identifying common coverage exclusions.

MOBILE, Ala., Sept. 8, 2026 /PRNewswire/ -- What does homeowners insurance cover?

HelloNation answers that question in an article featuring insights from Insurance Professional Nathan Skipper of Mobile, AL. The article explains that homeowners insurance generally provides several forms of financial protection, although the exact coverage depends on policy terms and the cause of a loss.

The HelloNation article describes dwelling coverage as protection for the physical structure of a home. This can include walls, roofs, floors, ceilings, and permanently installed features. Damage caused by events such as fire, wind, hail, or lightning may be covered depending on the policy.

Detached structures can also receive protection. Garages, sheds, fences, and similar structures often have separate limits tied to the dwelling coverage amount. The article notes that understanding these limits can help homeowners see how protection is divided across their property.

The article also reviews personal property protection for belongings such as furniture, clothing, electronics, and appliances. Coverage may help repair or replace these items after a covered loss. Certain valuable personal property, including jewelry, artwork, and collectibles, may have special limits under a standard policy.

The cause of damage is important when determining coverage. Sudden water damage from a burst pipe may qualify under homeowners insurance, while damage caused by long-term leaks, repeated seepage, or neglected maintenance is commonly excluded.

The article explains that rising surface water and overflowing waterways are generally treated differently. Standard policies typically exclude these losses, which is why flood insurance is usually purchased separately. Understanding when flood insurance is needed can help homeowners distinguish between different types of water-related risks.

Liability coverage provides another form of financial protection. The article notes that it may apply when a homeowner or household member is legally responsible for another person's injury or property damage. Liability coverage can address certain legal expenses, settlements, or damages depending on the circumstances and policy terms.

The HelloNation article also describes additional living expenses. When covered damage makes a home temporarily uninhabitable, this protection may help pay for hotel stays, temporary housing, and certain increased food expenses during repairs.

Property valuation can also influence an insurance payment. The article explains that replacement cost generally considers the cost of replacing covered property with comparable new items. Actual cash value typically accounts for depreciation, which can result in a lower payment.

Deductibles and coverage limits also affect how a policy responds. The article notes that coverage for the home is generally based on estimated rebuilding costs rather than market value. Separate limits can apply to belongings, detached structures, and other protections.

The article concludes that understanding exclusions is as important as knowing what a policy covers. Floods, earthquakes, normal wear, pest damage, and neglected maintenance are commonly excluded. Reviewing personal property limits, liability protection, and separate coverage needs can provide a clearer understanding of a policy.

What Does Homeowners Insurance Cover? features insights from Nathan Skipper, Insurance Professional of Mobile, AL, in HelloNation.

About HelloNation

HelloNation is America's Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative "edvertising" approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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LEXINGTON, Ky., Sept. 8, 2026 /PRNewswire/ -- BODYBAR Pilates, the high energy, reformer-based Pilates studio, has officially opened its first studio in The Bluegrass State at 4257 Harrodsburg Road in the Ethington Shops, located in the Palomar neighborhood of Lexington.

BODYBAR Pilates Palomar is owned and operated by Cara and Jason Groth, a husband‑and‑wife duo deeply rooted in the Lexington community. Jason, a longtime physician assistant, and Cara, a pharmacist of 23 years, were inspired to bring BODYBAR to Kentucky after their daughter, a professional ballerina, began working at a BODYBAR studio in Georgia. After visiting the studio and meeting BODYBAR's leadership team, the Groths felt aligned with the brand's mission of creating a welcoming, wellness‑focused community.

"We want every person who walks through our doors to feel seen, supported, and like they truly belong here," said Cara Groth, co‑owner of BODYBAR Pilates Palomar. "Pilates is for everybody, and Lexington is ready for a space that prioritizes physical, mental, and social wellness. Our goal is to build a community where people can move, connect, and feel encouraged at every stage of life."

Jason Groth added, "As a PA, I see firsthand how movement, strength, and mobility impact long‑term health. Pilates offers benefits that support people of all ages, from building core strength to improving balance and overall, well‑being. We're excited to help our neighbors invest in their health and feel confident in their bodies."

Founded to redefine fitness, BODYBAR Pilates' mission is to cultivate a balanced, athletic, and real community. The Palomar studio spans 2,500 square feet and features 14 Reformers, offering BODYBAR's signature athletic Pilates classes led by certified instructors. The studio also offers private lessons during non‑class hours and a curated boutique featuring BODYBAR merchandise.

"Lexington's Southern charm and growing wellness scene makes it a great city for a BODYBAR Pilates," said Kamille McCollum, chief brand officer, president, and co‑founder of BODYBAR Pilates. "Cara and Jason are deeply committed to creating a supportive, inclusive environment where members feel empowered. We're thrilled to have them join us as franchise owners and welcome new members to our first Kentucky studio."

BODYBAR Pilates continues to grow nationwide, now serving over 21,000 members across 86 studios, with another 30 opening this year. The Groths plan to expand with additional BODYBAR locations across Lexington in the coming years.

For more information about the new studio, membership packages and event registration, please call 859-514-0896, email [email protected] or visit BODYBAR Pilates Palomar. You can also follow the studio on Facebook and Instagram.

About BODYBAR Pilates

Founded to redefine fitness, BODYBAR Pilates' mission is to cultivate a balanced, athletic, and real community. We are committed to providing a fiercely effective workout experience, powered by Pilates, that helps individuals discover their physical potential and enhance their overall well-being both on and off the Reformer. Our expert-led classes cater to all fitness levels in a welcoming environment, utilizing state-of-the-art Pilates equipment. As a growing franchise, BODYBAR presents an exciting opportunity for entrepreneurs in the fitness industry. Joining the BODYBAR family means becoming part of a movement that empowers individuals to achieve their fitness goals while building a thriving, community-centric business. This opportunity is ideal for entrepreneurs looking to make a meaningful impact in the fitness world with a reputable, innovative brand.

Contact:

Nayelis Bosa

Tidehouse

954-893-9150

[email protected]

SOURCE BODYBAR Pilates

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The article outlines the appeal process, disability hearing stages, and how medical evidence strengthens disability claims after denial.

ROCHESTER HILLS, Mich., Sept. 8, 2026 /PRNewswire/ -- What should individuals do after receiving a disability denial in Michigan? HelloNation has published an article that provides the answer, featuring insights from Justen Grech of Grech Law Firm in Rochester Hills, MI.

The HelloNation article explains that a disability denial is not the end of the process. Many individuals in Michigan go on to have their disability claim approved through the appeal process. The article notes that initial decisions may be based on limited medical evidence or incomplete explanations of how a condition affects work ability, making disability appeals an important opportunity to provide additional information.

The first step in the appeal process is typically reconsideration. During this stage, a different reviewer evaluates the disability claim along with any new medical evidence submitted. The article explains that while reconsideration is a standard part of disability appeals, many claims proceed further if they are denied again.

If a disability claim is not approved at reconsideration, the next step is a disability hearing before an administrative law judge. The article highlights that a disability hearing allows applicants to present their case in more detail, including updated medical evidence and a clearer explanation of their limitations. This stage is often where disability appeals receive more thorough consideration.

Medical evidence is one of the most important factors in improving a disability claim after a disability denial. The article explains that records should clearly document the condition, ongoing treatment, and specific limitations. In Michigan, decision makers focus on how symptoms affect the ability to perform work related tasks, making detailed medical evidence essential during the appeal process.

Personal statements and supporting documentation can also strengthen disability claims. The article notes that explaining how a condition impacts daily activities, such as sitting, standing, or concentrating, provides additional context beyond medical records. This information can help clarify limitations during disability appeals and support the overall claim.

Consistency in treatment is another important element. The article explains that ongoing care helps build a continuous record of symptoms and limitations. Gaps in treatment or inconsistent reporting may weaken a disability claim during the appeal process, particularly when medical evidence is a key factor.

Timing is critical when pursuing disability appeals. The article highlights that strict deadlines apply at each stage of the appeal process. Missing these deadlines can prevent a disability claim from moving forward, making prompt action essential after a disability denial.

The article also explains that many applicants in Michigan are initially denied, making disability appeals a common part of the process. A disability hearing provides a more detailed review of the case, including testimony and updated documentation. This setting allows decision makers to better understand the full impact of the condition.

Understanding the appeal process can help reduce uncertainty after a disability denial. The article notes that disability appeals provide an opportunity to present stronger medical evidence and more detailed explanations of limitations. For many individuals, this stage leads to a clearer evaluation of their disability claim.

The article concludes that moving forward after a disability denial requires careful attention to medical evidence, deadlines, and the appeal process. By strengthening documentation and clearly explaining limitations, individuals in Michigan can improve their chances during disability appeals and continue pursuing approval of their disability claim.

What Happens After a Disability Claim Is Denied in Michigan? features insights from SSD and SSI Attorney Justen Grech of Grech Law Firm in Rochester Hills, MI, in HelloNation.

About HelloNation

HelloNation is America's Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative "edvertising" approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

SOURCE HelloNation

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After becoming a hit in Cape Town and Johannesburg, the event makes its US debut in Maryland with Sage on September 24

FREDERICK, Md., Sept. 8, 2026 /PRNewswire/ -- In 2006, two college students started a bookkeeping practice from the attic of a rented house in Maryland. They had $1,500 in the bank and no clients, so they placed an advertisement on Craigslist. One of them was Matt Lescault, now CEO of TydeCo.

That practice became Lescault & Walderman, moved to a fully virtual model in 2010 and expanded from outsourced accounting into software implementation, integration and data.

Twenty years later, the company is TydeCo, operating in four countries with teams across 10 time zones.

This September, TydeCo will bring an idea shaped through that global growth back to the state where the business began. "HR & Finance Walk Into a Bar" makes its US debut September 24 after successful events in Cape Town and Johannesburg, with Sage joining TydeCo for the afternoon.

The complimentary event takes place from 2 p.m. to 5 p.m. at Charley's Chesapeake Chophouse, Rio Lakefront in Gaithersburg. Designed for finance, HR and payroll leaders, owners and senior decision makers, it combines business conversations with four courses, paired drinks and live magic woven into one continuous story.

The concept was influenced in part by what happens when people leave the structure of the working day. Although TydeCo has operated virtually since 2010, Director of Marketing, Becky Clawson and Lescault occasionally meet at Charley's when a conversation needs more room than a scheduled video call allows.

"When you sit down at your desk, you are automatically thinking about emails and everything that needs to be checked off," Clawson said. "When you step outside that environment and talk face to face, your mindset opens. The best conversations and brainstorms happen when you are no longer in that preprogrammed thought process."

The name "HR & Finance Walk Into a Bar" borrows from one of comedy's most recognizable setups. And TydeCo put HR and finance at the center because the two functions make decisions about the same organization while often working with different information and separate systems.

"When the right people are part of the conversation, the outcome is better because everyone hears it firsthand and creates the answer together," Clawson said.

That idea carries through the format. Speakers from finance, HR and payroll share real business experiences, while food, drinks and live magic develop alongside the conversation.

"This is not a business card exchange. This is not a 30-second elevator pitch. This is an experience," Clawson said.

TydeCo first introduced the format in Cape Town before taking it to Johannesburg. The response established it as one of the company's signature events and led to the decision to bring it to the US.

"We used South Africa as the test bed and asked whether the concept had legs. Resoundingly, it did," Clawson said. "What stayed with me was the curiosity. People were willing to step outside the box and consider a business problem in a completely different way."

During one South African event, guests entered different calculations into their phones. Each followed a different sequence, but when everyone pressed equal, every screen displayed the same number.

"That same number represents the core mission and vision we show up for every single day," Clawson said. "We may come at the problem differently, but ultimately we are working toward the same outcome."

The event's move from South Africa to the US mirrors TydeCo's own growth. In 2022, Lescault & Walderman acquired a majority stake in AWCape, a South African Sage Platinum Partner, and a minority stake in Applico, a Sage training specialist. The businesses began collaborating across US and African projects before coming together under the TydeCo name, chosen in reference to the tides connecting the continents.

Today, the teams work together across finance, HR and operational technology, supported by TydeCo's Better Together value.

That value will be reflected in Maryland through TydeCo's relationship with Sage and integrating them into to the same story rather than appearing as separate sponsor. Representatives from Sage will be attending.

Sage has been part of TydeCo's evolution from an accounting practice into a global business systems partner. Sage Intacct will bring the financial management and enterprise resource planning perspective to the conversation, alongside human capital management technology.

The Maryland event will explore reporting clarity, accountability and connected data through contributions from Sage and TydeCo.

For TydeCo, however, the real measure of the event comes after the final performance.

"Where the real magic happens is seeing teams move from a conversation with their HR or finance counterpart into actually implementing new technology, new processes and more efficient ways to work together," Clawson said.

"HR & Finance Walk Into a Bar" takes place from 2 p.m. to 5 p.m. on September 24, 2026, at Charley's Chesapeake Chophouse, Rio Lakefront, Gaithersburg. Attendance is complimentary and limited.

Registration is available at tydeco.com/event/maryland-event-september. A Boston edition will follow in October.

About TydeCo

TydeCo is a global business transformation partner helping organizations connect finance, people and operational systems. Its services include software implementation and support, integration and automation, data and analytics, and outsourced bookkeeping, controller and CFO services. TydeCo operates in four countries, with teams working across 10 time zones.

SOURCE TydeCo

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ATLAS Biograferne Cinemas becomes the first in Denmark to feature 270-degree panoramic SCREENX auditorium

BURBANK, Calif., Sept. 8, 2026 /PRNewswire/ -- CJ 4DPLEX, the world's leading producer of premium cinema formats and immersive theater experiences, and ATLAS Biograferne, an independent multiplex cinema located in Rødovre, Denmark, today announced the debut of the country's first 270-degree panoramic SCREENX auditorium, marking the format's long awaited arrival in the Danish market.

Nestled in the western part of Greater Copenhagen within Rødovre Centrum shopping complex, ATLAS Biograferne has earned a reputation as one of Denmark's well-regarded independent and highly ambitious cinemas, drawing moviegoers from across the greater Copenhagen area and beyond. The addition of SCREENX reflects the theater's longstanding commitment to premium moviegoing and marks a defining moment for Danish cinema audiences, delivering their first-ever access to CJ 4DPLEX's acclaimed 270-degree panoramic format.

ATLAS Biograferne multiplex will feature a beautifully designed space with 76 seats and a 126 foot-wide panoramic screen, placing audiences at the center of the action and delivering a format unlike anything else available in Denmark. SCREENX seamlessly extends the image beyond the main screen and across the surrounding walls of the auditorium. Together, these elements transform traditional moviegoing into a fully panoramic event unlike anything previously available to Danish audiences.

"Denmark represents an exciting new chapter for SCREENX, and we couldn't be more thrilled to bring this experience to Danish audiences for the first time," said Don Savant, Chief Business Officer, CJ 4DPLEX. "We're incredibly grateful to our partners at ATLAS Biograferne for sharing our vision for the future of premium cinema and for helping us introduce SCREENX to this important market. ATLAS Biograferne is the perfect home for our first SCREENX auditorium in Denmark, and we look forward to welcoming moviegoers into a truly immersive cinematic experience unlike anything they've seen before."

In a joint statement, Emil and Marie Mark Nørholm, owners of ATLAS Biograferne, said: Becoming the first cinema in Denmark to offer SCREENX is something we are enormously proud of. At ATLAS Biograferne, our commitment to delivering exceptional cinematic experiences has always been at the core of what we do, and this partnership with CJ 4DPLEX marks an exciting new chapter in that mission. The chance to give our audience two more sides to the story is both exhilarating, incapsulating, and simply gives our audience a new premium experience. And isn't that what cinemas is all about?"

The announcement builds on CJ 4DPLEX's existing 4DX presence in Denmark, where the company has already brought its multisensory premium format to audiences in partnership with Nordisk Film Cinemas at Aarhus Bio, Lyngby Kinopalæet, and Field's in Copenhagen, as part of a broader push deeper into the Nordic region.

Through this partnership, CJ 4DPLEX and ATLAS Biograferne are redefining what premium cinema looks like in Denmark, giving audiences an entirely new way to experience films on the big screen. Denmark's first SCREENX auditorium will be located at ATLAS Biograferne, Rødovre Centrum 96, 2610 Rødovre, Denmark.

About CJ 4DPLEX

CJ 4DPLEX is a proud subsidiary of CJ Group, Korea's leading lifestyle and culture company. Headquartered in Sangam, Seoul, we design and develop immersive cinema technologies that inspire audiences worldwide. Guided by creativity, technology, and cultural vision, we are committed to redefining the future of cinema starting right here in Korea.

CJ 4DPLEX is redefining the moviegoing experience across many countries worldwide, working with the world's top exhibitors to deliver SCREENX, 4DX and ULTRA 4DX to audiences everywhere. From the United States to Europe, Asia, and the Middle East, our global presence keeps growing driven by our mission to make immersive storytelling the standard in cinema. Innovation drives us to connect people beyond language and borders through shared experiences.

About SCREENX

SCREENX is the world's most immersive platform, breaking free from the boundaries of a single screen to place audiences at the heart of the story.

With visuals flowing seamlessly across the walls, SCREENX connects film and space, creating moments of true natural immersion. Every sequence is curated to reflect the director's vision, turning each film into a journey only SCREENX can deliver.

About ATLAS Biograferne

ATLAS Biograferne is an independent Cinema, located in the western part of Greater Copenhagen.

The company is owned by Emil & Marie Mark Nørholm, since 2013 when they built the 7-screen luxurious cinema. ATLAS Biograferne was the cinema with the highest growth rate in 2025. The introduction of SCREENX in the Danish market marks yet another manifestation of the ambitious cinema. "We constantly strive for the joint experiences. That is what the cinema can – give us a joint experience, and therefore we should always strive at improving this cinema experience. The introduction of SCREENX will definitely give our audiences an unique and premium experience."

SOURCE CJ 4DPLEX

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oneworld Partners with Popular App Timeshifter to Help Round the World Travellers Beat Jet Lag

Science-based, personalised jet lag plans provided for every Round the World journey purchased on oneworld.com

FORT WORTH, Texas, Sept. 8, 2026 /PRNewswire/ -- The oneworld® Alliance is helping customers adjust to new time zones faster and lose fewer days to jet lag on Round the World journeys through a new partnership with Timeshifter – the world's most-downloaded jet lag app, with more than 1.7 million users.

Effective immediately, customers purchasing Round the World trips on oneworld.com will receive a complimentary Timeshifter subscription that covers their entire itinerary, considering every flight and time zone shift from departure to final return.

"Our partnership with Timeshifter will help Round the World customers arrive ready to enjoy each new destination by supporting better sleep and faster adjustment to new time zones," said Roger Blackburn, vice president of Loyalty and Commercial for oneworld, in remarks from the stage at the oneworld Loyalty Summit in Dallas/Ft. Worth. "Jet lag has a significant impact on health and wellbeing. This new partnership provides oneworld an opportunity to do what we do best: deliver a premium, elevated experience at every opportunity along the journey."

Timeshifter is based on the latest circadian science, and advice is personalised to each customer's flight itinerary, typical sleep pattern, chronotype and personal preferences.

"Timeshifter is trusted by astronauts, Formula One teams and professional athletes, and we are excited to be working with oneworld to provide this same circadian science to oneworld's customers, improving their health and enjoyment when they cross time zones," said Mickey Beyer-Clausen, CEO of Timeshifter. "Air travel has optimised nearly every part of flying except for what crossing multiple time zones can do to the traveller – a gap our partnership with oneworld will help to close."

What is jet lag?

Jet lag is not a sleep problem but a temporary misalignment between a person's internal circadian clock and local time at their destination. The circadian clock keeps sleep, alertness, digestion, immune function, and dozens of other systems, synchronized to a 24-hour day, and takes its cues from light and darkness.

When travellers cross several time zones, the light-dark cycle shifts by hours, while the circadian clock moves only about an hour a day on its own. The only way to adjust to new time zones quickly is by timing light exposure and light avoidance precisely. If the timing is wrong, it will make jet lag worse.

"This is just the latest example of the creative ways we are engaging with premium partners who bring true value and an elevated experience to oneworld customers," said Ole Orvér, CEO of oneworld.

About Timeshifter

Timeshifter is the global leader in circadian technology, translating circadian science into breakthrough products and solutions that improve human performance, safety, and health. In 2018, Timeshifter made jet lag history with its first product – now the most-downloaded jet lag app in the world. Building on this success, Timeshifter introduced a groundbreaking app to help shift workers improve their sleep, safety, health, and quality of life. Timeshifter's concierge services support astronauts, NBA players, Formula 1 drivers and Olympic athletes perform at their best.

Round the World with oneworld:

oneworld offers the most comprehensive alliance Round the World product across its network of nearly 1,000 destinations. On average, customers book seven stops, with trips lasting for around three months. More information about oneworld's Round the World fares, including destination inspiration and how to book is available at oneworld.com.

About oneworld

oneworld brings together 15 world-class airlines – Alaska Airlines/Hawaiian Airlines, American Airlines, British Airways, Cathay Pacific, Fiji Airways, Finnair, Iberia, Japan Airlines, Malaysia Airlines, Oman Air, Qantas, Qatar Airways, Royal Air Maroc, Royal Jordanian and SriLankan Airlines to nearly 1,000 destinations. oneworld member airlines work together to consistently deliver a superior, consistent travel experience, with special rewards and privileges for its frequent flyers, including earning and redeeming miles and points across the entire alliance network, access to airport lounges, priority check in, boarding, extra baggage allowances and more. Learn more about the oneworld Alliance at oneworld.com.

Follow us on Facebook, Instagram, X and LinkedIn.

Contact:

[email protected] 

SOURCE oneworld Management Company, Inc

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NEW BRITAIN, Conn., Sept. 8, 2026 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced that Chris Nelson, President & CEO, will speak at the Morgan Stanley 14th Annual Laguna Conference on Thursday, September 17, 2026 at 11:30 AM PT (2:30 PM ET).

The live webcast will be available in the "Events" section of the Stanley Black & Decker Investors website at www.stanleyblackanddecker.com/investors. A replay of the webcast will be provided on the website and will be available for 30 days.

About Stanley Black & Decker

Founded in 1843 and headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is a worldwide leader in Tools and Outdoor, operating manufacturing facilities globally. The Company's approximately 41,000 employees produce innovative end-user inspired power tools, hand tools, storage, digital jobsite solutions, outdoor and lifestyle products, and engineered fasteners to support the world's builders, tradespeople and DIYers. The Company's world class portfolio of trusted brands includes DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and Cub Cadet®. To learn more visit: www.stanleyblackanddecker.com or follow Stanley Black & Decker on Facebook, Instagram, LinkedIn and X.

SOURCE Stanley Black & Decker, Inc.

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Cerberus Sells Tenet Equity to CBRE Investment Management for $1.6 Billion

Formed by Cerberus and Management in 2021, Tenet Established Itself as a National Net Lease Investment Platform with Market-Leading Origination and Portfolio Management

NEW YORK, Sept. 8, 2026 /PRNewswire/ -- Cerberus Capital Management, L.P. (together with its affiliates, "Cerberus"), a global alternative investment firm with established corporate credit and real estate platforms, today announced that certain funds and accounts have sold Tenet Equity ("Tenet" or the "Company") to CBRE Investment Management, which is making its investment on behalf of several of its investment strategies, for $1.6 billion.

Cerberus founded Tenet in 2021 alongside Executive Partners Nick Eggert and Andrew Gallagher assembling a best-in-class management team and scaling the Company into a market-leading provider of triple net lease financing to middle-market companies and financial sponsors across the United States. Over the past five years, Tenet experienced tremendous growth and established an outstanding reputation as a trusted capital partner, valued for the speed, certainty, and the creativity it brings to complex transactions. Tenet's current portfolio includes over 200 properties totaling approximately 12 million square feet across 39 states, 26 industries, and more than 65 tenants.

"We are proud to have established Tenet as a reliable source of triple net lease financing for growing middle-market companies across the U.S.," said Tom Wagner, Head of North American Real Estate at Cerberus. "Tenet has grown significantly under our leadership and delivered significant value for both our investors and its customers."

Bob Davenport, Global Head of Corporate Credit at Cerberus, added: "The net lease asset class sits at the intersection of corporate credit and real estate, and Tenet's success is a great illustration of the successful collaboration that takes place across the Cerberus platform. Our credit and real estate teams worked alongside management together to build Tenet, and we're confident Tenet is well positioned for substantial growth and success going forward."

Chris Volk, Chairman of the Board of Tenet Equity, commented: "Cerberus was an ideal financial partner from the beginning, delivering a combination of capital, business knowledge and net lease market expertise. In just a few years, Nick, Andrew, and our team have grown the company from an idea to an established, scaled, diversified, market-leading company with a deep and talented team."

Nicholas Eggert, founding Chief Executive Officer of Tenet, concluded: "Tenet's success and achievements owe much to Cerberus, who have been exceptional partners from day one. Today, our scale, diversity and investment-grade capital access, has Tenet exceptionally well positioned for future growth."

Evercore served as exclusive financial advisor and Kirkland & Ellis LLP served as legal counsel to Cerberus.

About Cerberus Capital Management

Founded in 1992, Cerberus is a global alternative investment firm with approximately $72 billion in assets across complementary credit, real estate, and private equity strategies. The firm invests across the capital structure where it believes its integrated investment platforms and proprietary operating capabilities can help improve performance and drive long-term value. Cerberus' tenured teams have experience working collaboratively across asset classes, sectors, and geographies as they seek to achieve strong risk-adjusted returns for investors. For more information, visit www.cerberus.com.

About Tenet Equity

Tenet Equity is a provider of long-term, flexible real estate capital for middle-market companies nationwide. Through net lease investment and sale-leaseback solutions, Tenet helps companies unlock value from owned real estate while maintaining operational control of mission-critical facilities. Tenet Equity was founded in 2021 by Nicholas Eggert CEO and Andrew Gallagher, CIO, and is headquartered in Scottsdale, Arizona. For more information, visit www.tenetequity.com.

Media Contacts

Cerberus

Jason Ghassemi

[email protected] 

SOURCE Cerberus Capital Management, L.P.

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Kenon Holdings Reports Q2 2026 Results and Additional Updates

SINGAPORE, Sept. 8, 2026 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE: KEN) (TASE: KEN) ("Kenon") announces its results for Q2 2026 and additional updates.

Q2 and Recent Highlights

Kenon

- In August 2026, Kenon received approximately $93 million (net of certain outstanding costs and subject to tax) from the Republic of Peru in connection with payment of the International Centre for Settlement of Investment Disputes arbitration award in favor of Kenon and its subsidiary, concluding this matter.

OPC

- OPC's net profit in Q2 2026 was $15 million, as compared to $1 million in Q2 2025.

- OPC's Adjusted EBITDA including proportionate share of associated companies1 in Q2 2026 was $131 million, as compared to $90 million in Q2 2025.

- In June 2026, OPC announced, in respect of the Hadera expansion project (as described below), entry into a financing agreement and an engineering, procurement and construction agreement and receipt of tariff approval from the Israeli Electricity Authority. Financial closing of the project occurred in June 2026.

- In August 2026, OPC issued NIS 600 million (approximately $202 million) of Series E bonds.

Discussion of Results for the Three Months ended June 30, 2026

Kenon's consolidated results of operations primarily comprise the consolidated results of OPC Energy Ltd ("OPC"), in which Kenon holds an interest of approximately 46%2.

See Exhibit 99.2 of Kenon's Form 6-K dated September 8, 2026 for a summary of Kenon's consolidated financial information; a summary of OPC's consolidated financial information; a reconciliation of OPC's EBITDA and Adjusted EBITDA including proportionate share of associated companies (which is a non-IFRS measure) to profit for the period.

OPC

The following discussion of OPC's results of operations is derived from OPC's consolidated financial statements. OPC publishes its results in U.S. Dollars starting in Q1 2026.

OPC's revenue increased by $183 million in Q2 2026 as compared to Q2 2025.

Set forth below is a discussion of changes in the key components in revenue for Q2 2026 as compared to Q2 2025.

Israel

- Revenue from sale of energy to private customers in Israel – OPC's revenue from the sale of electricity to private customers is derived from electricity sold at the generation component tariff, as published by the Israeli Electricity Authority, with some discount. Accordingly, changes in this tariff generally affect the prices paid by customers under power purchase agreements. The weighted-average generation component tariff in Q2 2026 was NIS 0.2890 per KW hour, which is approximately 2% lower than NIS 0.2939 per KW hour in Q2 2025. OPC's revenue from the sale of energy to private customers increased by $26 million in Q2 2026 as compared to Q2 2025, primarily due to an increase of $14 million relating to higher customer consumption and an increase of $17 million driven by the strengthening of the New Israeli Shekel against the U.S. Dollar during the period; and

- Revenue from private customers in respect of infrastructure services in Israel – Increased by $24 million in Q2 2026 as compared to Q2 2025, primarily as a result of an increase of $16 million due to higher customer consumption and an average increase in tariffs, and an increase of $8 million due to strengthening of the New Israeli Shekel against the U.S. Dollar during the period.

United States

- Revenue from sale of electricity (Energy Transition) in the U.S. – Increased by $110 million in Q2 2026 as compared to Q2 2025, primarily as a result of the first-time consolidation of the Shore and Maryland power plants from January and May 2026, respectively; and

- Revenue from sale of electricity (retail) activities in the U.S. – Increased by $24 million in Q2 2026 as compared to Q2 2025 primarily as a result of increase in scope of services.

Cost of Sales (Excluding Depreciation and Amortization)

Set forth below is a summary of OPC's cost of sales (excluding depreciation and amortization) in Israel and the U.S. for Q2 2026 and Q2 2025.

OPC's cost of sales (excluding depreciation and amortization) increased by $115 million from Q2 2025 to Q2 2026. Set forth below is a discussion of significant changes in cost of sales between Q2 2026 and Q2 2025.

Israel

- Expenses in respect of acquisition of energy in Israel – Increased by $9 million in Q2 2026 as compared to Q2 2025 primarily as a result of increased customer consumption; and

- Expenses in respect of infrastructure services in Israel – Increased by $24 million in Q2 2026 as compared to Q2 2025 primarily as a result of higher average tariffs during the period.

United States

- Expenses for sale of electricity (Energy Transition) in U.S. – Increased by $52 million in Q2 2026 as compared to Q2 2025, primarily as a result of the first-time consolidation of the Shore and Maryland power plants from January and May 2026, respectively; and

- Expenses for sale of electricity (retail) in U.S. – Increased by $23 million in Q2 2026 as compared to Q2 2025, primarily as a result of increase in scope of services.

Finance Expenses, net

Finance expenses, net in Q2 2026 were $22 million, as compared to $20 million in Q2 2025.

Share of Profit of Associated Companies, net

OPC's share of profit of associated companies, net decreased by $17 million in Q2 2026 as compared to Q2 2025, primarily as a result of commencement of consolidation in its financial statements for the Shore, Basin Ranch (under construction) and Maryland power plants from January, February and May 2026, respectively.

For further details of the results of associated companies of CPV Group LP (a 70%-owned subsidiary of OPC), refer to OPC's immediate report published on the Tel Aviv Stock Exchange ("TASE") on August 12, 2026 and the convenience English translations furnished by Kenon on Form 6-K on August 12, 2026.

Liquidity and Capital Resources

As of June 30, 2026, OPC had unrestricted cash and cash equivalents of $1,261 million, restricted cash of $187 million (including restricted cash used for debt service), and total outstanding consolidated indebtedness of $2,977 million, consisting of $204 million of short-term indebtedness and $2,773 million of long-term indebtedness. As of June 30, 2026, a substantial portion of OPC's debt was denominated in NIS.

As of June 30, 2026, OPC's proportionate share of debt (including accrued interest) of CPV associated companies was $642 million and its proportionate share of cash and cash equivalents was $56 million.

Business and other Developments

Hadera Expansion Project updates

In June 2026, OPC announced entry into (i) a financing agreement and (ii) an engineering, procurement and construction agreement, each in respect of the construction of a combined-cycle natural gas-fired power plant with an estimated capacity of approximately 850 MW, designated for construction on land adjacent to OPC's Hadera power plant (the "Hadera Expansion Project").

Also in June 2026, OPC announced receipt of tariff approval from the Israeli Electricity Authority in accordance with the regulatory framework expected to apply to the Hadera Expansion Project. OPC subsequently reported that financial closing was completed and construction of the Hadera Expansion Project commenced in June 2026.

For further information on the Hadera Expansion Project, see Kenon's Reports on Form 6-K furnished to the Securities and Exchange Commission ("SEC") on August 12, 2026, June 19, 2026, June 3, 2026, May 21, 2026, May 20, 2026, March 2, 2026 and Kenon's Annual Report on Form 20-F filed with the SEC.

Rogue's Wind project updates

OPC reported completion of construction and commencement of commercial operations of the Rogue's Wind project, a wind project located in Pennsylvania with a capacity of 114 MW, and receipt of the project's tax partner $160 million investment.

Series E Bonds

In August 2026, OPC issued NIS 600 million (approximately $202 million) of Series E bonds.

Additional Kenon Updates

Kenon's (stand-alone) Liquidity and Capital Resources

As of June 30, 2026, Kenon's stand-alone cash was $512 million. As of August 31, 2026, Kenon's stand-alone cash was $605 million. There is no material debt at the Kenon level.

Kenon's stand-alone cash includes cash and cash equivalents and other treasury management instruments.

Receipt of Payment of Arbitration Award by the Republic of Peru

In August 2026, the Republic of Peru paid the International Centre for Settlement of Investment Disputes arbitration award issued in favor of Kenon in October 2023 (the "Award"). The total payment was approximately $203 million, of which Kenon's share (after allocation of a portion of the proceeds to a capital provider and payment of certain outstanding expenses) was approximately $93 million, subject to tax. The payment reflects final payment of amounts payable by the Republic of Peru in connection with the Award and conclusion of this matter.

For further information, see Kenon's Report on Form 6-K furnished to the SEC on August 19, 2026.

Caution Concerning Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can generally identify these statements by the use of words like "may", "will", "could", "should", "believe", "expect", "plan", "estimate", "forecast", "potential", "intend", "target", "future", and variations of these words or comparable words. These statements include statements relating to OPC, OPC's construction and development projects, and other non-historical matters. These statements are based on current expectations or beliefs and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Kenon's control, which could cause the actual results to differ materially from those indicated in such forward-looking statements.

Der Umsatz von SANY Heavy Industry im ersten Halbjahr 2026 steigt im Jahresvergleich um 19,49 % auf 7,89 Milliarden USD, wobei der Anteil der Auslandsumsätze 61,33 % betrug

HONGKONG, 8. September 2026 /PRNewswire/ -- SANY Heavy Industry (600031.SH) meldete für das erste Halbjahr 2026 einen Umsatz von rund 7,89 Milliarden USD, was einem Anstieg von 19,49 % gegenüber dem Vorjahr entspricht, und einen zurechenbaren Nettogewinn von 838,887 Millionen USD, was einem Anstieg von 9,13 % entspricht.

Der Umsatz im zweiten Quartal stieg um 24,39 % auf 4,328 Mrd. USD und übertraf damit die Wachstumsrate des ersten Halbjahres, während der zurechenbare Nettogewinn um 16,93 % auf 473,108 Mio. USD zunahm. Der operative Cashflow belief sich auf 1,440 Mrd. USD. Zum 30. Juni belief sich die Bilanzsumme auf 26,708 Mrd. USD und das Eigenkapital auf 13,576 Mrd. USD.

SANY optimierte seine globale Präsenz, baute Vertriebskanäle und Servicenetzwerke im Ausland aus, entwickelte integrierte, szenariobasierte Maschinenlösungen, steigerte den weltweiten Marktanteil und trieb schlanke Betriebsabläufe voran, um Effizienz und qualitativ hochwertiges Wachstum zu fördern.

Die wichtigsten Highlights:

- Der Umsatz im Ausland erreichte 4,724 Mrd. USD, was einem Anstieg von 21,82 % entspricht und 61,33 % des Umsatzes im Kerngeschäft ausmacht. Afrika verzeichnete ein Wachstum von 47,66 % auf 790,234 Mio. USD; Amerika von 24,70 % auf 930,294 Mio. USD; Asien und Australien von 17,38 % auf 1,981 Mrd. USD; und Europa von 12,68 % auf 1,022 Mrd. USD.

- Alle wichtigen Produktlinien verzeichneten einen Zuwachs: Der Umsatz mit Rammmaschinen stieg um 63,11 % auf 322,433 Mio. USD; der Umsatz mit Aushubmaschinen stieg um 21,77 % auf 3,141 Mrd. USD; der Umsatz mit Betonmaschinen stieg um 21,25 % auf 1,330 Mrd. USD; Hebezeuge legten um 8,22 % auf 1,245 Mrd. USD zu; und Straßenbaumaschinen stiegen um 5,52 % auf 335,850 Mio. USD.

Die Globalisierung bleibt die vorrangige Strategie von SANY Heavy Industry. Das Unternehmen verlagert seinen Schwerpunkt vom Produktexport hin zu lokalisierten Industriebetrieben im Ausland und rückt damit Vertrieb, Dienstleistungen, Produktentwicklung und Betrieb näher an die lokalen Märkte heran.

SANY wird die Globalisierung, Digitalisierung und Dekarbonisierung vorantreiben, die Organisation im Ausland sowie das F&E-Management reformieren, die Produktinnovation stärken und Fertigung, Qualität, Rentabilität und Wettbewerbsfähigkeit verbessern. Das Unternehmen strebt danach, weltweit intelligentere, effizientere und nachhaltigere Lösungen anzubieten – „Gemeinsam die Zukunft gestalten".

Anhang: Ursprüngliche Zahlen in RMB

Finanzielles: Umsatz im ersten Halbjahr: 53,506 Milliarden RMB; Nettoergebnis im ersten Halbjahr: 5,690 Mrd. RMB; Umsatz im zweiten Quartal: 29,359 Mrd. RMB; Nettoergebnis im zweiten Quartal: 3,209 Mrd. RMB; operativer Cashflow: 9,768 Mrd. RMB; Bilanzsumme: 181,153 Mrd. RMB; Eigenkapital: 92,084 Mrd. RMB.

Ausland: Gesamt: 32,040 Mrd. RMB; Asien und Australien: 13,440 Mrd. RMB; Europa: 6,930 Mrd. RMB; Nord- und Südamerika: 6,310 Mrd. RMB; Afrika: 5,360 Mrd. RMB.

Produkte: Aushub, 21,306 Mrd. RMB; Beton, 9,022 Mrd. RMB; Hebetechnik, 8,446 Mrd. RMB; Pfahlbau, 2,187 Mrd. RMB; Straßenbaumaschinen, 2,278 Mrd. RMB.

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