Cowboys Insider Reveals 5 Keys And Prediction for ThanksgivingBISMARCK — The former head of the Governor's Office of Economic Development in South Dakota has been picked for a cabinet post in North Dakota. North Dakota Gov.-elect Kelly Armstrong has named most of his Cabinet members, including a Democrat. Also included in that list is Chris Schilken, who will head the Department of Commerce. ADVERTISEMENT Schilken served as South Dakota’s economic development commissioner from June 2023 through February. He stepped down from the position after facing sharp criticism from lawmakers over the Freedom Works Here workforce development program and spending $2.5 million from the Future Fund to support a professional rodeo in Sioux Falls. Because Schilken was appointed by Gov. Kristi Noem when the Legislature wasn't in session. He had been serving without confirmation by the state Senate. That vote was looming when he decided to withdraw his name amid the ongoing controversy and criticism and took a different job within the agency. Armstrong announced 12 Cabinet members on Wednesday, Nov. 20. Most of the appointments from the announcement are ones he inherited from Gov. Doug Burgum. Armstrong, a Republican who is the U.S. representative for North Dakota, won the general election with 68% of the vote, according to the Secretary of State’s website. He will take office on Dec. 15. There will be new faces in Armstrong’s Cabinet, including a Democrat from Grand Forks. North Dakota Rep. Corey Mock will take over for Greg Hoffman as the state’s chief information officer at the Information Technology Department, according to a release from Armstrong. Mock is a Realtor and leadership consultant who has represented Grand Forks in the North Dakota House of Representatives since 2009. Burgum appointed Hoffman to head the IT department in July after Kuldip Mohanty resigned from the position. ADVERTISEMENT Schilken is replacing Josh Teigen, who has been the North Dakota commerce commissioner since September 2022. Lt. Gov. Tammy Miller chose Teigen as her running mate during her gubernatorial campaign against Armstrong. Miller and Teigen lost to Armstrong and his running mate, North Dakota Rep. Michelle Strinden, in the Republican primary election. Joe Morissette will replace Susan Sisk as the director of the Office of Management and Budget. He previously served in the position under Burgum from 2018 to 2022. Sisk took over for Morisette in 2023 after he retired from the post. Burgum Cabinet members who will keep their positions in the Armstrong administration are: There are eight positions left to fill in Armstrong’s Cabinet. That includes a replacement for state Highway Patrol superintendent. Col. Brandon Solberg announced in June that he planned to retire from the position at the end of November. He will become the Office of Management and Budget’s facility management director. ADVERTISEMENT The Forum reported Wednesday that Dr. Nizar Wehbi, the state’s health officer, and Department of Health and Human Services Commissioner Wayne Salter would not continue in their positions under Armstrong. Other posts to be filled include Indian Affairs Commission executive director, which is held by Brad Hawk; Labor and Human Rights commissioner, held by Nathan Svihovec; Securities director, held by Karen Tyler; Water Resources director, held by Andrea Travnicek; and chief people officer, held by Molly Herrington. Armstrong is considering those positions and will announce shortly who will fill those posts, Deputy Chief of Staff Jacy Schafer told The Forum. Outgoing Gov. Burgum, a Republican, decided not to seek a third term in office and was nominated by President-elect Donald Trump to serve as secretary of the Interior.
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One of the pristine truths about being a writer is that even when you are on a self-imposed writing hiatus and deliberately cut off from the world of 24-hour news cycle online, there are some news items that arrest your attention; whether you are hibernating in the Hollywood movie sets competing with sand dunes of the ancient city of Ouarzazate in the South of Morocco; navigating and conquering the stubbornly hilly and cold mountains in East Africa; breaking delicious coconuts and drinking palm wine in the tropical hinterlands of West Africa’s Nigeria; or reading Joe Garba’s Diplomatic Soldering whilst the Atlantic Ocean serenades and slaps you with melodious waves which are only synonymous with Swakopmund in Namibia. One such news item was the announcement that the Presidential election in Namibia was won by Mrs Ndemupelila Netumbo Nandi-Ndaitwah on Tuesday, the third of December 2024. I was glad for several reasons and I will highlight two of these reasons in this concise piece. The SWAPO veteran politician secured victory with 57 per cent of the electorate votes (638,560 votes) whilst the incoming President’s contender Panduleni Itula, from the Independent Patriots for Change secured 26 per cent of the votes (284,186 votes). The first time I was in Namibia (fondly referred to as The Land of The Brave) was in 2022 and did I have a great time in a few days? Yes, I did. One of life’s lessons which I endeavour to execute when I can, was gleaned in Namibia during several conversations with a dear friend (Dr Carmen Nibigira, the foremost tourism expert whom I was sure I first met in Lagos several years ago but later encountered in Kigali when I moved to the East African country) whose demise on Saturday, November 16, 2024 shocked me to my core as it did her friends and family members. My first time in Namibia reverberated, so much so that four months after the visit (professional and personal), I could still sense the Namibian enthusiasm in my system. There is something Namibia does to you, the genuine happiness and jolly good disposition of the people whether wealthy, rich, average, managing or poor is infectious. This happy disposition which I was baptised with, had me writing a long article which spanned ten parts and written in rapid successions. Most importantly, my first trip to Namibia culminated in being invited to the State House in Windhoek, to interview the late President Hage Gottfried Geingob whose mentor for forty years was Nigeria’s Professor Adebayo Adedayo (the man behind the blueprint for ECOWAS, NYSC, the post-civil war blueprint amongst others. He was the Under-Secretary-General and Executive Secretary of the United Nations Economic Commission for Africa (ECA) from 1975 to 1991. He joined the Government of the Federal Republic of Nigeria in the early 1970s as the Cabinet Minister responsible for the economic development and reconstruction of post-civil war.) Like I have stated in all the Namibian pieces I have written, there was a Pan-African clarity that was illuminated to me during the off-the-record conversation with President Geingob which has stayed with me. Due to my first impressions of Namibia right at the airport where the immigration officials were able to converse in Nigerian pidgin English with me, and the genuine warmth of the people, that singular experience before other amazing experiences have endeared me to The Land of The Brave called Namibia. The second reason is pragmatic and professional. Writers look for brilliant stories to write about. Stories not yet captured or told or perspectives of stories not told yet. As a writer and a global strategic communications consultant who travels within Africa looking for countries with the right and stable economic policies which African investors and Africans in Diaspora can invest their funds in; Namibia is one of the few countries I had pencilled down years ago and I had been watching. One of the early lessons I have quickly understood as a founder of a global strategic communications firm is that investors, especially African investors, always look at the political stability of a country before they move funds to set up businesses in the said country. No matter the positive economic indices of a country, no matter the positive spin of the mouthpieces of the Governments, African investors always look and ask questions hovering around political stability vis-à-vis economic stability. One of the lessons learnt from investors who are all about the figures and statistics and who are looking to invest in Africa; is that when a country’s political stability isn’t toyed with or truncated during a transfer of the reins of power (from one political party to another) or during general elections; that country buys herself country/nation branding capital that ricochets and resoundingly reverberates amongst the players and members of the financial world. This is termed investors’ confidence. Now, when the electorate decide to elect a Female President as Namibians have done (investors’ confidence are on steroids), the economic ramifications are better left off this concise piece. In a world where a former Female Secretary of State (Hillary Clinton) was not elected in 2016. in a world where one of the most qualified candidates (female or male) to ever run for Presidency in the world (more qualified than Barack Obama), check Kamala Harris’ resume; was not elected in 2024. Africans need to realise that highly educated and highly qualified women have been Heads of State on the African Continent. Read about Ellen Johnson Sirleaf who was President of Liberia from 2006 to 2018, she was Africa’s first elected female head of state. Joyce Banda who was President of Malawi from 2012 to 2014. Sahle-Work Zewde who was the President of Ethiopia from 2018 to 2024 and Ethiopia’s first female President. Read about Ameenah Gurib-Fakim who was President of Mauritius from 2015 to 2018. Catherine Samba-Panza who was Acting President of the Central African Republic from 2014 to 2016. Rose Francine Rogombé who was Acting President of Gabon in 2009. Agnes Monique Ohsan Bellepeau who was Acting President of Mauritius in 2012 and 2015. Sylvie Kinigi who was Acting President of Burundi in 1993. And as 2024 ends and 2025 begins, Africa will be having two serving Female Presidents: Samia Suluhu Hassan who is the President of Tanzania since March 2021. And Namibia’s incoming President Netumbo Nandi-Ndaitwah known as NNNN. Coincidentally, I have been reading Joe Garba’s Diplomatic Soldiering (The Conduct of Nigeria’s Foreign Policy 1975-1979) for an extended period of months and I had just commenced chapter six which was about Nigeria’s role in South Africa via ANC and Namibia via SWAPO (circa 1975 -1987) when the elections in Namibia played out. Joseph Nanven Garba was a Nigerian General, former Foreign Affairs Minister, diplomat, and politician who served as President of the United Nations General Assembly from 1989 to 1990. In 1975, he became Nigeria’s representative to the UN General Assembly and was president of the UN Security Council from January 1978, but he was recalled after Chief Olusegun Obasanjo transitioned to civilian rule, and he was head of the military academy for two years. In 1989, he resumed his political career as President of the UN General Assembly for its 44th session, and he spoke out against Apartheid. Joe Garba’s extensive report on Namibia commenced on page 112 in chapter six. Considering what the country had to go through to get her independence from the Apartheid-run South Africa back in the day, to electing a Female President in 2024 (not paying just lip service to women empowerment in all its ramifications), one has to chorus “It Is Not Easy”; a popular hit song released by the Nigerian group Ofege which was formed in the early 1970s by a bunch of teenage secondary school students at the prestigious St. Gregory’s College in the Obalende area of Lagos, Nigeria. From a Nigerian who sees where Namibia is going to, congratulations to Namibia and Namibians. The Land of The Brave. They get it. Dolapo Aina, a Nigerian writer and global strategic communications consultant and founder of The Write Communications, who is based in Kigali, Rwanda.
Record quarterly revenue of $1.636 billion , up approximately 11% year over year (YoY), exceeding the mid-point of guidance. Quarterly GAAP earnings per diluted share (EPS) of $1.79 ; non-GAAP EPS of $3.40 , up approximately 13% YoY, exceeding guidance. Achieved record full-year 2024 revenue of $6.127 billion , up approximately 15% YoY, while improving non-GAAP operating margin and delivering approximately 25% non-GAAP EPS growth. Expecting to deliver double digit revenue growth in 2025 while preparing for Ansys acquisition close, which remains on-track for the first half of 2025. SUNNYVALE, Calif. , Dec. 4, 2024 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS ) today reported results for its fourth quarter and fiscal year 2024. Revenue for the fourth quarter of fiscal year 2024 was $1.636 billion , compared to $1.467 billion for the fourth quarter of fiscal year 2023. Revenue for fiscal year 2024 was $6.127 billion , an increase of approximately 15% from $5.318 billion in fiscal year 2023. "The fourth quarter was a strong finish to a transformational year for Synopsys. We achieved record financial results while doubling down on our strategy with the sale of our Software Integrity business and the pending acquisition of Ansys," said Sassine Ghazi , president and CEO of Synopsys. "Looking ahead, the AI-driven reinvention of compute is accelerating the pace, scale and complexity of technology R&D, which expands our opportunity to solve engineering challenges from silicon to systems." "Continued strong execution drove excellent Q4 results, which exceeded the midpoint of our guidance targets and capped a year of 15% revenue growth for the company," said Shelagh Glaser , CFO of Synopsys. "The combination of our execution focus, operating discipline, and the critical nature of our industry-leading technology positions us well for the future. In 2025, we expect to deliver double-digit revenue growth grounded in pragmatism given continued macro uncertainties and the impact of our fiscal year calendar change." Synopsys' previously announced acquisition of Ansys is expected to close in the first half of 2025, subject to the receipt of required regulatory approvals and other customary closing conditions. This week marked the expiration of the Hart-Scott-Rodino (HSR) Act waiting period, and Synopsys is working cooperatively with Federal Trade Commission (FTC) staff to conclude the investigation and the staff's review of Synopsys' proposed remedies. Continuing Operations On September 30, 2024 , Synopsys completed the sale of its Software Integrity business. Unless otherwise noted, Synopsys' Software Integrity business has been presented as a discontinued operation in the Synopsys' consolidated financial statements for all periods presented herein and all financial results and targets are presented herein on a continuing operations basis. GAAP Results On a U.S. generally accepted accounting principles (GAAP) basis, net income for the fourth quarter of fiscal year 2024 was $279.3 million , or $1.79 per diluted share, compared to $346.1 million , or $2.23 per diluted share, for the fourth quarter of fiscal year 2023. GAAP net income for fiscal year 2024 was $1.442 billion , or $9.25 per diluted share, compared to $1.227 billion , or $7.91 per diluted share, for fiscal year 2023. Non-GAAP Results On a non-GAAP basis, net income for the fourth quarter of fiscal year 2024 was $529.9 million , or $3.40 per diluted share, compared to non-GAAP net income of $464.1 million , or $3.00 per diluted share, for the fourth quarter of fiscal year 2023. Non-GAAP net income for fiscal year 2024 was $2.058 billion , or $13.20 per diluted share, compared to non-GAAP net income of $1.636 billion , or $10.54 per diluted share, for fiscal year 2023. For a reconciliation of net income, earnings per diluted share and other measures on a GAAP and non-GAAP basis, see "GAAP to Non-GAAP Reconciliation" in the accompanying tables below. Business Segments Synopsys reports revenue and operating income in two segments: (1) Design Automation, which includes our advanced silicon design, verification products and services, system integration products and services, digital, custom and field programmable gate array IC design software, verification software and hardware products, manufacturing software products and other and (2) Design IP, which includes our interface, foundation, security, and embedded processor IP, IP subsystems, and IP implementation services. Financial Targets Synopsys also provided its consolidated financial targets for the first quarter and full fiscal year 2025. These targets reflect a change in Synopsys' fiscal year from a 52/53-week period ending on the Saturday nearest to October 31 of each year to October 31 of each year. As a result of this change, there will be ten fewer days in the first half of fiscal year 2025 and two extra days in the second half of fiscal year 2025, which results in eight fewer days in the aggregate in Synopsys' fiscal year 2025 as compared to its fiscal year 2024. These targets also assume no further changes to export control restrictions or the current U.S. government "Entity List" restrictions. These targets constitute forward-looking statements and are based on current expectations. For a discussion of factors that could cause actual results to differ materially from these targets, see "Forward-Looking Statements" below. For a reconciliation of Synopsys' first quarter and fiscal year 2025 targets, including expenses, earnings per diluted share and other measures on a GAAP and non-GAAP basis and a discussion of the financial targets that we are not able to reconcile without unreasonable efforts, see "GAAP to Non-GAAP Reconciliation" in the accompanying tables below. Earnings Call Open to Investors Synopsys will hold a conference call for financial analysts and investors today at 2:00 p.m. Pacific Time. A live webcast of the call will be available on Synopsys' corporate website at investor.synopsys.com . Synopsys uses its website as a tool to disclose important information about Synopsys and comply with its disclosure obligations under Regulation Fair Disclosure. A webcast replay will also be available on the corporate website from approximately 5:30 p.m. Pacific Time today through the time Synopsys announces its results for the first quarter of fiscal year 2025 in February 2025. Effectiveness of Information The targets included in this press release, the statements made during the earnings conference call, the information contained in the financial supplement and the corporate overview presentation, each of which are available on Synopsys' corporate website at www.synopsys.com (collectively, the " Earnings Materials "), represent Synopsys' expectations and beliefs as of December 4, 2024 . Although these Earnings Materials will remain available on Synopsys' website through the date of the earnings call for the first quarter of fiscal year 2025, their continued availability through such date does not mean that Synopsys is reaffirming or confirming their continued validity. Synopsys undertakes no duty and does not intend to update any forward-looking statement, whether as a result of new information or future events, or otherwise update, the targets given in this press release unless required by law. Availability of Final Financial Statements Synopsys will include final financial statements for the fiscal year 2024 in its annual report on Form 10-K to be filed on or before January 2, 2025 . About Synopsys Catalyzing the era of pervasive intelligence, Synopsys, Inc. (Nasdaq: SNPS) delivers trusted and comprehensive silicon to systems design solutions, from electronic design automation to silicon IP and system verification and validation. We partner closely with semiconductor and systems customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow. Learn more at www.synopsys.com . Reconciliation of Fourth Quarter and Fiscal Year 2024 Results The following tables reconcile the specific items excluded from GAAP in the calculation of non-GAAP net income, earnings per diluted share, and tax rate for the periods indicated below. GAAP to Non-GAAP Reconciliation of 2025 Targets The following tables reconcile the specific items excluded from GAAP in the calculation of non-GAAP targets for the periods indicated below.Avalon Advanced Materials (TSE:AVL) Hits New 52-Week Low – Should You Sell?Director Called 6-Year-Old Kieran Culkin ‘Stupid’ in First GigFPGA-Accelerated LLMs: The Future of AI Inferencing is Here
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SANTA CLARA, Calif. (AP) — Brock Purdy threw one short pass in the open portion of practice for the San Francisco 49ers as he remains slowed by an injury to his throwing shoulder that has already forced him to miss a game. Purdy spent the bulk of the session of Wednesday's practice open to reporters as either a spectator or executing handoffs outside of one short pass to Jordan Mason. Purdy hurt his shoulder during a loss to Seattle on Nov. 17. He tried to throw at practice last Thursday but had soreness in his right shoulder and shut it down. He missed a loss to Green Bay but was able to do some light throwing on Monday. His status for this week remains in doubt as the Niners (5-6) prepare to visit Buffalo on Sunday night. Purdy isn't the only key player for San Francisco dealing with injuries. Left tackle Trent Williams and defensive end Nick Bosa remain sidelined at practice Wednesday after missing last week's game. Williams was using a scooter to get around the locker room as he deals with a left ankle injury. Bosa has been out with injuries to his left hip and oblique. Bosa said the week off helped him make progress and that he hopes to be able to take part in individual drills later in the week. Bosa wouldn't rule out being able to play on Sunday. "It’s feeling a lot better,” Bosa said. “Still need to get better before I’m ready to go. This week will be big and I’ll know a lot more in the next couple of days.” Running back Christian McCaffrey has been able to play, but isn't back to the form that helped him win AP Offensive Player of the Year in 2023 after missing the first eight games this season with Achilles tendinitis. McCaffrey has 149 yards rushing in three games back with his 3.5 yards per carry down significantly from last season's mark of 5.4. But he is confident he will be able to get back to his usual level of play. “When you lose and maybe you don’t jump out on the stat sheet, your failures are highlighted,” he said. “I’m happy I’m out here playing football and I just know with time it will come.” Coach Kyle Shanahan said he has liked what he has seen from McCaffrey, adding that there hasn't been much room to run in recent weeks. But Shanahan said it takes time to get back to speed after McCaffrey had almost no practice time for nine months. “Guys who miss offseasons and miss training camp, usually it takes them a little bit of time at the beginning of the year to get back into how they were the year before, let alone missing half the season also on top of that,” Shanahan said. “I think Christian’s doing a hell of a job. But to just think him coming back in Week 8 with not being able to do anything for the last nine months or whatever it is, and to think he’s just going to be in MVP form is a very unrealistic expectation.” NOTES: LB Dre Greenlaw took part in his first practice since tearing his Achilles tendon in the Super Bowl. Greenlaw will likely need a couple of weeks of practice before being able to play. ... LB Fred Warner said he has been dealing with a fracture in his ankle since Week 4 and is doing his best to manage the pain as he plays through it. ... CB Deommodore Lenoir didn't practice after banging knees on Sunday. His status for this week remains in question. ... DT Jordan Elliott (concussion), OL Aaron Banks (concussion) and LB Demetrius Flannigan-Fowles (knee) also didn't practice. AP NFL: https://apnews.com/hub/NFL