Chuck Woolery, smooth-talking game show host of 'Love Connection' and 'Scrabble,' dies at 83RICHMOND, Va. , Nov. 22, 2024 /PRNewswire/ -- Universal Corporation (NYSE:UVV) ("Universal" or the "Company"), a global business-to-business agriproducts company, today announced that, as expected, on November 19, 2024 , it received a notice (the "NYSE Notice") from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the "Form 10-Q") with the U.S. Securities and Exchange Commission (the "SEC") prior to November 18, 2024 , the end of the extension period provided by Rule 12b -25 under the Securities Exchange Act of 1934, as amended. The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE. The NYSE Notice informed the Company that, under NYSE rules, the Company has six months from November 18, 2024 , to regain compliance with the NYSE listing standards by filing the Form 10-Q with the SEC. If the Company fails to file the Form 10-Q within the six-month period, the NYSE may grant, in its sole discretion, an extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The NYSE Notice also noted that the NYSE may nevertheless, in its own discretion, commence delisting proceedings at any time during such period. As previously disclosed in the Company's Notification of Late Filing on Form 12b-25, filed on November 12, 2024 (the "Form 12b-25") with the SEC, the Company was unable to file the Form 10-Q on a timely basis due to an ongoing internal investigation. As a result of the additional time required to complete its internal investigation, the process of finalizing financial statements for the second quarter of fiscal year 2025 could not be completed on a timely basis. The Company is committed to completing a deliberate, thorough investigation while diligently working to fulfill all reporting obligations and currently expects to file the Form 10-Q within the six-month period granted by the NYSE Notice; however, there can be no assurance that the Form 10-Q will be filed within such period. About Universal Corporation Universal Corporation (NYSE: UVV) is a global agricultural company with over 100 years of experience supplying products and innovative solutions to meet our customers' evolving needs and precise specifications. Through our diverse network of farmers and partners across more than 30 countries on five continents, we are a trusted provider of high-quality, traceable products. We leverage our extensive supply chain expertise, global reach, integrated processing capabilities, and commitment to sustainability to provide a range of products and services designed to drive efficiency and deliver value to our customers. For more information, visit www.universalcorp.com . CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING INFORMATION This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Among other things, these statements include statements regarding expectations about the Company's filing of its Form 10-Q for the quarter ended September 30, 2024 . These forward-looking statements are generally identified by the use of words such as we "expect," "believe," "anticipate," "could," "should," "may," "plan," "will," "predict," "estimate," and similar expressions or words of similar import. These forward-looking statements are based upon management's current knowledge and assumptions about future events and involve risks and uncertainties that could cause actual results, performance, or achievements to be materially different from any anticipated results, prospects, performance, or achievements expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the uncertainty of the ultimate findings of the ongoing internal investigation, as well as the timing of its completion and costs and expenses arising out of the ongoing internal investigation process and its results; the impact of the ongoing internal investigation on us, our management and operations, including financial impact as well as any litigation or regulatory action that may arise from the ongoing internal investigation; the impact of the internal investigation on our conclusions regarding the effectiveness of our internal control over financial reporting and our disclosure controls and procedures; our ability to regain compliance with NYSE listing requirements; success in pursuing strategic investments or acquisitions and integration of new businesses and the impact of these new businesses on future results; product purchased not meeting quality and quantity requirements; our reliance on a few large customers; our ability to maintain effective information technology systems and safeguard confidential information; anticipated levels of demand for and supply of our products and services; costs incurred in providing these products and services including increased transportation costs and delays attributed to global supply chain challenges; timing of shipments to customers; higher inflation rates; changes in market structure; government regulation and other stakeholder expectations; economic and political conditions in the countries in which we and our customers operate, including the ongoing impacts from international conflicts; product taxation; industry consolidation and evolution; changes in exchange rates and interest rates; impacts of regulation and litigation on its customers; industry-specific risks related to its plant-based ingredient businesses; exposure to certain regulatory and financial risks related to climate change; changes in estimates and assumptions underlying our critical accounting policies; the promulgation and adoption of new accounting standards, new government regulations and interpretation of existing standards and regulations; and general economic, political, market, and weather conditions. Actual results, therefore, could vary from those expected. Please also refer to such other factors as discussed in Part I, Item 1A. "Risk Factors" of Universal's Annual Report on Form 10-K for the fiscal year ended March 31, 2024 , and related disclosures in other filings which have been filed with the U.S. Securities and Exchange Commission and are available on the SEC's website at www.sec.gov . All risk factors and uncertainties described herein and therein should be considered in evaluating forward-looking statements, and all of the forward-looking statements are expressly qualified by the cautionary statements contained or referred to herein and therein. Universal cautions investors not to place undue reliance on any forward-looking statements as these statements speak only as of the date when made, and it undertakes no obligation to update any forward-looking statements made, except as required by law. View original content to download multimedia: https://www.prnewswire.com/news-releases/universal-corporation-receives-nyse-notice-regarding-filing-of-form-10-q-for-the-fiscal-quarter-ended-september-30-2024-302314579.html SOURCE Universal Corporation

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Global equity funds saw a notable rise in inflows in the week through Dec. 4, driven by a record-setting rally fueled by strong U.S. economic growth prospects and optimism about tech stocks, despite political turmoil in France and South Korea. Investors pumped a robust $21.8 billion into global equity funds during the week, the biggest amount since Nov. 13, LSEG Lipper data showed. U.S. equity funds led with net inflows of $8.85 billion, while European and Asian equity funds also saw substantial inflows, receiving $5.92 billion and $4.58 billion respectively. “The underlying strength of the U.S. economy and further interest rate cuts should provide additional momentum,” said Mark Haefele, chief investment officer at UBS Global Wealth Management. Despite economic hurdles in the euro zone, the European Central Bank is expected to make its fourth rate cut of 2024 this month due to slowing inflation, with continued easing expected through June 2025, fostering a favorable environment for reasonably valued European stocks, he said. By sector, financials and industrials attracted a noticeable $813 million and $573 million, respectively. The healthcare and technology sectors, meanwhile, witnessed outflows totaling a net $790 million and $620 million, respectively. Global bond funds were popular for the 50th successive week with net investments worth $10.82 billion during the week. High yield, dollar denominated medium-term and loan participation funds stood out as these funds drew $1.69 billion, $1.43 billion and $880 million, respectively in inflows. Global money market funds, meanwhile, saw a net $169.4 billion worth of purchases, the largest for a week since early April 2020. Among commodities, gold and precious metal funds lost a marginal $65 million in outflows following two weekly inflows in a row. Energy funds, meanwhile, gained $78 million worth of inflows. Data covering 29,635 emerging market funds showed that weekly outflows for equity funds eased to a four week low of $834 million during the week. In parallel, bond funds saw their first weekly inflow in seven weeks, to the tune of $872 million on a net basis. Source: Reuters (Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru, Editing by Gareth Jones)MachineGames' is currently only available to advanced access players, as a part of the Special Edition versions' perks. Ahead of the upcoming full release for everyone though, the studio has released a brand-new update, and it is enabling the complete ray tracing package. The update enables Path Tracing in the game, the hugely performance heavy rendering technique that MachineGames calls Full Ray Tracing mode. Path Tracing has only been seen a few games so far, namely Cyberpunk 2077 and Alan Wake 2. Despite the intense requirements, the tech tends to offer a massive leap in visual quality for those who can afford it. This is also what had mentioned in a separate, eye-watering section, wanting at least a GeForce RTX 4070 12GB for 1080p Path Traced gameplay with DLSS enabled. "A minimum of 12GB VRAM is required to make use of this feature," writes MachineGames. "Please note that we’re also working to support AMD FSR in a future game update." Below are the for Indiana Jones and the Great Circle Update 1, which also includes a huge number of bug fixes. Keep in mind there are some story spoilers in the Missions and Quests section: The standard edition of launches on Xbox Series X|S and PC on December 9, with an Xbox Game Pass and PC Game Pass arrival also happening on the same day. Premium and Collector's Edition owners can jump into the hugely well-received campaign right now without waiting.

Chuck Woolery, smooth-talking game show host of 'Love Connection' and 'Scrabble,' dies at 83During his first presidency and in his campaign leading up to the 2024 election, Donald Trump repeatedly pledged to crack down on illegal immigration. As president-elect, Trump posted on Truth Social on Nov. 18 confirming his plans to declare a national emergency and use the U.S. military for mass deportations of undocumented immigrants. Trump commented “TRUE!!!” with a repost of a Truth Social post from Tom Fitton, who runs the conservative group Judicial Watch . Fitton’s post reads, “GOOD NEWS: Reports are incoming @RealDonaldTrump administration prepared to declare a national emergency and will use military assets to reverse the Biden invasion through a mass deportation program.” Several VERIFY readers, including Debbie, Jacq and Matty, asked us whether Trump can use the military to carry out mass deportations. Can the president use the military to carry out mass deportations? Yes, it's legal for the president to use the military to help carry out mass deportations and other immigration enforcement actions. The National Guard, with approval from a state's governor, can detain individuals, but the other branches of the military can offer mostly logistical support. A president has the executive power to deploy the military to assist with immigration enforcement, but there are legal limits on the role the military can play. The Posse Comitatus Act, a 143-year-old law, prohibits the president from using active-duty, full-time service members, such as soldiers or Marines, as a police force, according to the Brennan Center for Justice . That means federal military branches like the U.S. Army or Air Force can’t perform tasks such as detaining individuals or making arrests on U.S. soil, even under a national emergency declaration. David Bier, director of immigration studies at the Cato Institute, explained that active-duty service members, barred from acting like police under Posse Comitatus, would likely focus on non-law enforcement tasks. That could include building infrastructure, like temporary detention facilities, transporting detainees and providing armed backup for domestic law enforcement. The Posse Comitatus Act, however, does not apply to the National Guard, Peter Margulies, a law professor at Roger Williams University, told VERIFY. “The National Guard is a state militia and can be called out by the president with the cooperation of the state governors, and so you could have the National Guard from, let's say, Texas, be used for apprehension. That would not create Posse Comitatus issues,” Margulies said. Trump's post on Truth Social mentioned declaring a national emergency, but the president can request National Guard assistance or federal military assistance with or without declaring a national emergency , according to Chris Mirasola, a contributor for non-profit Lawfare. The Brennan Center for Justice explains that declaring a national emergency grants a president with swift authority during times of crises without waiting for Congressional approval, including diverting federal funds or resources. Both Bier and Margulies told VERIFY Trump's deportation agenda would likely face significant legal challenges and be subject to congressional oversight. And if he declares a national emergency, Congress has the ability to eventually terminate that declaration , but it would require passing a law with a veto-proof supermajority, “which is increasingly difficult in our polarized political environment,” Goitein told VERIFY. Military involvement in immigration enforcement is not unprecedented. In 2019, then-President Trump declared a national emergency to redirect military funds to construct the U.S.-Mexico border wall. More recently, President Joe Biden used a national emergency declaration to deploy the National Guard to the southern border to assist with processing and facility operations tied to drug enforcement. According to Google Trends data , online searches about mass deportation have spiked, with some appearing to link the military's involvement to martial law. Martial law involves the suspension of ordinary law and government functions, with military authorities assuming control. Margulies said even if Trump uses the military in his administration’s deportation efforts, it would not equate to declaring martial law. Margulies explained that martial law hasn’t been used since the Civil War and is “profoundly unlikely” to happen as part of Trump’s proposed initiative because he doesn’t need martial law to execute his deportation plans.