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London honored for supporting student mental health and eliminating barriers to care NATICK, Mass. , Dec. 23, 2024 /PRNewswire/ -- The Boston Business Journal honored Uwill founder and CEO Michael London as part of its 2025 Innovators in Healthcare list . Honorees represent a cross-section of Boston -based innovators addressing some of the most urgent and pressing challenges in the health care industry. London is the founding CEO of Uwill , the leading mental health and wellness solution proudly supporting more than 3 million students at 400 institutions globally. Utilizing its proprietary technology and counselor team, Uwill pioneered the first student and therapist matching platform. The solution offers an immediate appointment with a licensed counselor based on student preferences, all modalities of teletherapy, a direct crisis connection, wellness programming, realtime data, and support. "It's truly an honor to be recognized among this incredible group of innovators," said Michael London , Uwill founder and CEO. "At Uwill, our mission is to break down barriers to mental health care, delivering immediate and accessible support to students worldwide. This recognition reflects more than innovation—it underscores our unwavering commitment to addressing a vital need for students everywhere." London is a recognized thought-leader and pioneer within social impact entrepreneurship, having created more than one billion dollars in company value throughout his career. In 2013, he founded Examity, a leader in learning validation and online proctoring. Prior, London led Bloomberg Institute, an EdTech start-up funded by former New York City Mayor Michael Bloomberg . Earlier in his career, he founded College Coach and co-founded EdAssist, both acquired by Bright Horizons Family Solutions. In 2019, he was a finalist for the EY Entrepreneur of the Year Award and held a position on the Massachusetts Governor's Commission for Digital Education and Lifelong Learning. Michael is a current Trustee at Beth Israel Deaconess Medical Center. He is a Member of the Advisory Board at Babson College where he graduated with honors. He also received his MBA from Boston University . About Uwill: Uwill is the leading mental health and wellness solution for colleges and students. As the most cost-effective way to enhance a college's mental health offering, Uwill partners with more than 400 institutions, including Princeton University , the Ohio State University , Santa Fe Community College , and University of Alabama - Online. Uwill is also the exclusive teletherapy education partner for the Online Learning Consortium and teletherapy education partner of NASPA. For more information, visit uwill.com . Contact: Brett Silk bsilk@uwill.com View original content to download multimedia: https://www.prnewswire.com/news-releases/uwill-founder--ceo-michael-london-named-innovator-in-healthcare-302338655.html SOURCE Uwill, Inc
BETHLEHEM, West Bank (AP) — Bethlehem marked another somber Christmas Eve on Tuesday in the traditional birthplace of Jesus under the shadow of war in Gaza . The excitement and cheer that typically descends on the West Bank during Christmas week were nowhere to be found. The festive lights and giant tree that normally decorate Manger Square were missing, as were the throngs of foreign tourists that usually fill the square. Palestinian scouts marched silently through the streets, a departure from their usual raucous brass marching band. Security forces arranged barriers near the Church of the Nativity, built atop the spot where Jesus is believed to have been born. The cancellation of Christmas festivities is a severe blow to the town's economy. Tourism accounts for an estimated 70% of Bethlehem’s income — almost all from the Christmas season. Salman said unemployment is hovering around 50% — higher than the 30% unemployment across the rest of the West Bank, according to the Palestinian Finance Ministry. Latin Patriarch Pierbattista Pizzaballa, the top Roman Catholic cleric in the Holy Land, noted the shuttered shops and empty streets and expressed hope that next year would be better. “This has to be the last Christmas that is so sad,” he told hundreds of people gathered in Manger Square, where normally tens of thousands would congregate. Pizzaballa held a special pre-Christmas Mass in the Church of the Holy Family in Gaza City. Several Palestinian Christians told the Associated Press that they have been displaced in the church since the war began in October of last year with barely enough food and water. “We hope by next year at the same day we’d be able to celebrate Christmas at our homes and go to Bethlehem,” said Najla Tarazi, a displaced woman. “We hope to celebrate in Jerusalem ... and for the war to end. This is the most important thing for us and the most important demand we have these days because the situation is really hard. We don’t feel happy.” Bethlehem is an important center in the history of Christianity, but Christians make up only a small percentage of the roughly 14 million people spread across the Holy Land. There are about 182,000 in Israel, 50,000 in the West Bank and Jerusalem and 1,300 in Gaza, according to the U.S. State Department. The number of visitors to the town plunged from a pre-COVID high of around 2 million per year in 2019 to fewer than 100,000 in 2024, said Jiries Qumsiyeh, the spokesperson for the Palestinian Tourism Ministry. After nightfall, the golden walls of the Church of the Nativity were illuminated as a few dozen people quietly milled about. A young boy stood holding a pile of balloons for sale, but gave up because there were no customers to buy them. The war in Gaza has deterred tourists and has prompted a surge of violence in the West Bank , with more than 800 Palestinians killed by Israeli fire and dozens of Israelis killed in militant attacks. Palestinian officials do not provide a breakdown of how many of the deceased are civilians and how many are fighters. Since the deadly Oct. 7, 2023, Hamas attack that sparked the war , access to and from Bethlehem and other towns in the West Bank has been difficult, with long lines of motorists waiting to pass through Israeli military checkpoints. The restrictions have prevented some 150,000 Palestinians from leaving the territory to work in Israel, causing the economy there to contract by 25%. In the Oct. 7 assault on southern Israel, Hamas-led militants killed about 1,200 people, most of them civilians, and took more than 250 Israeli hostages. Israeli officials believe that around 100 hostages remain in captivity in the Gaza Strip. Elsewhere, Christmas celebrations were also subdued. Scores of Syrian Christians protested Tuesday in Damascus, demanding protection after the burning of a Christmas tree in Hama the day before. Videos and images shared on social media showed the large, decorated tree burning at a roundabout in Suqalabiyah, a town in the Hama countryside. It remains unclear who was responsible for setting the tree on fire. In a video that circulated on social media, a representative of Syria’s new leadership, Hay’at Tahrir al-Sham, could be seen visiting the site and addressing the community. He said: “This act was committed by people who are not Syrian, and they will be punished beyond your expectations.” German celebrations were darkened by a car attack on a Christmas market on Friday that left five people dead and 200 people injured. President Frank-Walter Steinmeier rewrote his annual recorded Christmas Day speech to address the attack. He plans to acknowledge that “there is grief, pain, horror and incomprehension over what took place in Magdeburg,” while urging Germans to “stand together,” according to an early copy of the speech. A snowstorm in the Balkans stranded drivers and downed power lines, but some saw the beauty in it. “I’m actually glad its falling, especially because of Christmas,” said Mirsad Jasarevic in Zenica, Bosnia. “We did not have snow for Christmas for 17 years here, and now is the time for wonderful white Christmas.” American Airlines briefly grounded flights across the U.S. on Tuesday due to a technical problem just as the Christmas travel season kicked into overdrive. Winter weather threatened more potential problems for those planning to fly or drive. Meanwhile, the flight-tracking site FlightAware reported that 1,447 flights entering or leaving the U.S., or serving domestic destinations, were delayed Tuesday, with 28 flights canceled. In the port of Barcelona, Spain, volunteers from the faith-based ministry Stella Maris visited seven ships docked there on Christmas Eve to deliver Nativity scenes and the local specialty of turrón (nougat candy) to seafarers. The volunteers met seafarers from India, the Philippines, Turkey and elsewhere, said Ricard Rodríguez-Martos, a Catholic deacon and former merchant marine captain who leads Stella Maris in this major Mediterranean harbor. Associated Press writers Wafaa Shurafa in Deir al Balah, Gaza Strip, Melanie Lidman in Tel Aviv, Hannah Schoenbaum in Salt Lake City and Giovanna Dell’Orto in Minneapolis contributed to this report.Customers Scramble For Cash As PoS Operators Raise ChargesIn Conversation: AI and architecture
Biden will decide on US Steel acquisition after influential panel fails to reach consensus WASHINGTON (AP) — A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel. The Committee on Foreign Investment in the United States on Monday sent its long-awaited report to President Joe Biden, a longtime opponent of the deal. Some federal agencies represented on the panel were skeptical that allowing a Japanese company to buy an American-owned steelmaker would create national security risks. That's according to a U.S. official familiar with the matter. Both Biden and President-elect Donald Trump opposed the merger and vowed to block it. Nippon Steel says it is confident the deal will go ahead. Nissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) — Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Survey: Small businesses are feeling more optimistic about the economy after the election A survey shows small business owners are feeling more optimistic about the economy following the election. The National Federation of Independent Businesses’ Small Business Optimism Index rose by eight points in November to 101.7, its highest reading since June 2021. The Uncertainty Index declined 12 points in November to 98, following October’s pre-election record high of 110. NFIB Chief Economist Bill Dunkelberg said small business owners became more certain about future business conditions following the presidential election, breaking a nearly three-year streak of record high uncertainty. The survey also showed that more owners are also hoping 2025 will be a good time to grow. Heavy travel day starts with brief grounding of all American Airlines flights WASHINGTON (AP) — American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne Tuesday about an hour after the Federal Aviation Administration ordered a national ground stop, which prevented planes from taking off. American said in an email that the problem was caused by vendor technology in its flight operating system. Aviation analytics company Cirium said flights were delayed across American’s major hubs, with only 37% leaving on time. Nineteen flights were cancelled. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom — part of the Nordstrom family taking over the company — recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. Stock market today: Wall Street rallies ahead of Christmas Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones Industrial Average rose 0.9%, and the Nasdaq composite climbed 1.3%. American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady in the bond market. The yield on the 10-year Treasury was little changed at 4.59% An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity. American consumers feeling less confident in December, Conference Board says American consumers are feeling less confident in December, a business research group says. The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Consumers had been feeling increasingly confident in recent months. The consumer confidence index measures both Americans’ assessment of current economic conditions and their outlook for the next six months. The measure of Americans’ short-term expectations for income, business and the job market tumbled more than a dozen points to 81.1. The Conference Board says a reading under 80 can signal a potential recession in the near future. Stock market today: Wall Street rises at the start of a holiday-shortened week Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 1%. Honda's U.S.-listed shares rose sharply after the company said it was in talks about a combination with Nissan in a deal that could also include Mitsubishi Motors. Eli Lilly rose after announcing that regulators approved Zepbound as the first prescription medicine for adults with sleep apnea. Treasury yields rose in the bond market.In promising to shake up Washington, Trump is in a class of his own
PHILADELPHIA , Dec. 12, 2024 /PRNewswire/ -- FMC Corporation (NYSE: FMC ), a leading global agricultural sciences company, today announced the election of Anthony DiSilvestro to the company's Board of Directors, effective December 12, 2024 . DiSilvestro will serve on the Audit and Compensation and Human Capital Committees. DiSilvestro brings more than 40 years of broad financial experience in multi-billion dollar companies to FMC's Board. He currently serves as the chief financial officer of Mattel Inc., where he has been instrumental in the successful financial turnaround of the company. Prior to Mattel, DiSilvestro held various senior leadership positions at Campbell Soup Company, including Senior Vice President and Chief Financial Officer, where he played a key role in the successful defense of an activist-led proxy contest and led significant cost reduction and divestiture programs. "We are pleased to welcome Anthony to the FMC Board of Directors," said Pierre Brondeau, FMC chairman and chief executive officer. "His extensive experience in leading large transformations, developing and executing corporate strategies, and collaborating with executive leadership teams will be invaluable to FMC. We look forward to benefiting from his expertise and insights." DiSilvestro expressed his enthusiasm for joining FMC's Board, stating, "I am honored to join the Board of Directors of FMC Corporation, a company with a strong commitment to innovation and sustainability. I look forward to working with the Board and management team to contribute to FMC's continued success and value creation for all stakeholders." About FMC FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. With approximately 5,800 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn ® . SOURCE FMC CorporationMusic City Bowl updates: Iowa to be without starting center, others against Missouri
SAN JOSE, Calif.--(BUSINESS WIRE)--Dec 12, 2024-- Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, today announced the appointment of Paul Lundstrom to the company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent. "I am excited to welcome Paul to the Lumentum Board," said Penelope Herscher, Chair of Lumentum's Board of Directors. "He brings a wealth of knowledge and expertise in corporate finance, manufacturing and business transformation. I am confident he will provide valuable insights as Lumentum executes its long-term strategy to grow its business and shareholder value." "Lumentum has significant opportunities for growth with its portfolio of foundational photonic technologies that underpin the explosive growth we are seeing in artificial intelligence and cloud infrastructure," said Paul Lundstrom. "I look forward to working together with the senior leadership team and the rest of the Lumentum’s Board of Directors to capitalize on these compelling opportunities and to help build lasting value for shareholders.” Lundstrom is currently Chief Financial Officer at Copeland, a global leader in sustainable climate solutions. Prior to Copeland, he was the Chief Financial Officer of Flex Ltd (NASDAQ:FLEX), where he was a key member of the team that led the analysis, carve-out and IPO for Nextracker (NASDAQ: NXT), and served as a member of the Nextracker Board of Directors. Prior to Flex, Lundstrom served as the Chief Financial Officer for Aerojet Rocketdyne (previously NYSE:AJRD). Lundstrom has also held a number of senior finance leadership roles while at United Technologies (previously NYSE: UTX). Lundstrom holds a Bachelor of Science degree from Truman State University and a Master of Business Administration degree from Columbia University. About Lumentum Lumentum (NASDAQ: LITE) is a market-leading designer and manufacturer of innovative optical and photonic products enabling cloud, optical networking, and laser applications worldwide. Lumentum optical components and subsystems are part of virtually every type of data center, telecom, and enterprise network. Lumentum lasers enable advanced manufacturing techniques and diverse applications including next-generation 3D sensing capabilities. Lumentum is headquartered in San Jose, California with R&D, manufacturing, and sales offices worldwide. For more information, visit www.lumentum.com and follow Lumentum on LinkedIn , Twitter , Facebook , Instagram , and YouTube . Category: Financial View source version on businesswire.com : https://www.businesswire.com/news/home/20241212156977/en/ CONTACT: Investors: Kathy Ta, 408-750-3853;investor.relations@lumentum.com Media: Noël Bilodeau, 408-439-2140;noel.bilodeau@lumentum.com KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY ENGINEERING TELECOMMUNICATIONS SOFTWARE MANUFACTURING NETWORKS INTERNET HARDWARE DATA MANAGEMENT ARTIFICIAL INTELLIGENCE SOURCE: Lumentum Copyright Business Wire 2024. PUB: 12/12/2024 04:32 PM/DISC: 12/12/2024 04:32 PM http://www.businesswire.com/news/home/20241212156977/enZurcher Kantonalbank Zurich Cantonalbank Has $622,000 Holdings in Hilton Grand Vacations Inc. (NYSE:HGV)‘I felt like I belonged’: Paddlers with disabilities find a second home in sport of dragon boat
BROOMFIELD, Colo. , Dec. 9, 2024 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the first quarter of fiscal 2025 ended October 31, 2024 , provided season pass sales results for the 2024/2025 season, updated fiscal 2025 net income attributable to Vail Resorts, Inc. guidance and reaffirmed fiscal 2025 Resort Reported EBITDA guidance, announced capital investment plans for calendar year 2025, declared a dividend payable in January 2025 , and announced first quarter share repurchases. Highlights Commenting on the Company's fiscal 2025 first quarter results, Kirsten Lynch , Chief Executive Officer, said, "Our first fiscal quarter historically operates at a loss, given that our North American and European mountain resorts are generally not open for ski season. The quarter's results were driven by winter operations in Australia and summer activities in North America , including sightseeing, dining, retail, lodging, and administrative expenses. "Resort Reported EBITDA was consistent with the prior year, driven by growth in our North American summer business from increased activities spending and lodging results. This growth was offset by a decline in Resort Reported EBITDA of $9 million compared to the prior year from our Australian resorts due to record low snowfall and lower demand, cost inflation, the inclusion of Crans-Montana, and approximately $2.7 million of one-time costs related to the two-year resource efficiency transformation plan and $0.9 million of acquisition and integration related expenses." Regarding the Company's resource efficiency transformation plan, Lynch said, "Vail Resorts continues to make progress on its two-year resource efficiency transformation plan, which was announced in our September 2024 earnings. The two-year Resource Efficiency Transformation Plan is designed to improve organizational effectiveness and scale for operating leverage as the Company grows globally. Through scaled operations, global shared services, and expanded workforce management, the Company expects $100 million in annualized cost efficiencies by the end of its 2026 fiscal year. We will provide updates as significant milestones are achieved." Turning to season pass results, Lynch said, "Our season pass sales highlight the compelling value proposition of our pass products and our commitment to continually investing in the guest experience at our resorts. Over the last four years, pass product sales for the 2024/2025 North American ski season have grown 59% in units and 47% in sales dollars. For the upcoming 2024/2025 North American ski season, pass product sales through December 3, 2024 decreased approximately 2% in units and increased approximately 4% in sales dollars as compared to the period in the prior year through December 4, 2023 . This year's results benefited from an 8% price increase, partially offset by unit growth among lower priced Epic Day Pass products. Pass product sales are adjusted to eliminate the impact of changes in foreign currency exchange rates by applying an exchange rate of $0.71 between the Canadian dollar and U.S. dollar in both periods for Whistler Blackcomb pass sales. For the period between September 21, 2024 and December 3, 2024 , pass product sales trends improved relative to pass product sales through September 20, 2024 , with unit growth of approximately 1% and sales dollars growth of approximately 7% as compared to the period in the prior year from September 23, 2023 through December 4, 2023 , due to expected renewal strength, which we believe reflects delayed decision making. "Our North American pass sales highlight strong loyalty with growth among renewing pass holders across all geographies. For the full selling season, the Company acquired a substantial number of new pass holders, however the absolute number of new guests was smaller compared to the prior year, driving the overall unit decline for the full selling season. New pass holders come from lapsed guests, prior year lift ticket guests, and new guests to our database. The Company achieved growth from lapsed guests, who previously purchased a pass or lift ticket but did not buy a pass or lift ticket in the previous season. The decline in new pass holders compared to the prior year was driven by fewer guests who purchased lift tickets in the past season and from guests who are completely new to our database, which we believe was impacted by last season's challenging weather and industry normalization. Epic Day Pass products achieved unit growth driven by the strength in renewing pass holders. We expect to have approximately 2.3 million guests committed to our 42 North American, Australian, and European resorts in advance of the season in non-refundable advance commitment products this year, which are expected to generate over $975 million of revenue and account for approximately 75% of all skier visits (excluding complimentary visits)." Lynch continued, "Heading into the 2024/2025 ski season, we are encouraged by our strong base of committed guests, providing meaningful stability for our Company. Additionally, early season conditions have allowed us to open some resorts earlier than anticipated, including Whistler Blackcomb, Heavenly, Northstar, Kirkwood, and Stevens Pass. Early season conditions have also enabled our Rockies resorts to open with significantly improved terrain relative to the prior year, including the opening of the legendary back bowls at Vail Mountain opening the earliest since 2018. Our resorts in the East are experiencing typical seasonal variability for this point in the year, with all resorts planned to open ahead of the holidays. We are continuing to hire for the winter season, and are on track with our staffing plans and have achieved a strong return rate of our frontline employees from the prior season. Lodging bookings at our U.S. resorts for the upcoming season are consistent with last year. At Whistler Blackcomb, lodging bookings for the full season are lagging prior year levels, which may reflect delayed decision making following challenging conditions in the prior year." Operating Results A more complete discussion of our operating results can be found within the Management's Discussion and Analysis of Financial Condition and Results of Operations section of the Company's Form 10-Q for the first fiscal quarter ended October 31, 2024 , which was filed today with the Securities and Exchange Commission. The following are segment highlights: Mountain Segment Lodging Segment Resort - Combination of Mountain and Lodging Segments Real Estate Segment Total Performance Outlook The Company's Resort Reported EBITDA guidance for the year ending July 31, 2025 is unchanged from the prior guidance provided on September 26, 2024 . The Company is updating its guidance for net income attributable to Vail Resorts, Inc., which it now expects to be between $240 million and $316 million , up from the prior guidance range of $224 million to $300 million . The primary difference is due to a $17 million increase from the gain on sale of real property related to the resolution of the October 2023 Eagle County District Court final ruling and valuation regarding the Town of Vail's condemnation of the Company's East Vail property that was planned for Vail Resorts' incremental affordable workforce housing project, a transaction that has been recorded as Real Estate Reported EBITDA. Additionally, the guidance is updated to include a decrease in expected interest expense of approximately $2 million which assumes that interest rates remain at current levels for the remainder of fiscal 2025. These changes have no impact on expected Resort Reported EBITDA. The Company continues to expect Resort Reported EBITDA for fiscal 2025 to be between $838 million and $894 million , including approximately $27 million of cost efficiencies and an estimated $15 million in one-time costs related to the multi-year resource efficiency transformation plan, and an estimated $1 million of acquisition and integration related expenses specific to Crans-Montana. As compared to fiscal 2024, the fiscal 2025 guidance includes the assumed benefit of a return to normal weather conditions after the challenging conditions in fiscal 2024, more than offset by a return to normal operating costs and the impact of the continued industry normalization, impacting demand. Additionally, the guidance reflects the negative impact from the record low snowfall and related shortened season in Australia in the first quarter of fiscal 2025, which negatively impacted demand and resulted in a $9 million decline of Resort Reported EBITDA compared to the prior year period. After considering these items, we expect Resort Reported EBITDA to grow from price increases and ancillary spending, the resource efficiency transformation plan, and the addition of Crans-Montana for the full year. The guidance also assumes (1) a continuation of the current economic environment, (2) normal weather conditions for the 2024/2025 North American and European ski season and the 2025 Australian ski season, and (3) the foreign currency exchange rates as of our original fiscal 2025 guidance issued September 26, 2024 . Foreign currency exchange rates have experienced recent volatility. Relative to the current guidance, if the currency exchange rates as of yesterday, December 8, 2024 of $0.71 between the Canadian Dollar and U.S. Dollar related to the operations of Whistler Blackcomb in Canada , $0.64 between the Australian Dollar and U.S. Dollar related to the operations of Perisher, Falls Creek and Hotham in Australia , and $1.14 between the Swiss Franc and U.S. Dollar related to the operations of Andermatt-Sedrun and Crans-Montana in Switzerland were to continue for the remainder of the fiscal year, the Company expects this would have an impact on fiscal 2025 guidance of approximately negative $5 million for Resort Reported EBITDA. The following table reflects the forecasted guidance range for the Company's fiscal year ending July 31, 2025 for Total Reported EBITDA (after stock-based compensation expense) and reconciles net income attributable to Vail Resorts, Inc. guidance to such Total Reported EBITDA guidance. Fiscal 2025 Guidance (In thousands) For the Year Ending July 31, 2025 (6) Low End High End Range Range Net income attributable to Vail Resorts, Inc. $ 240,000 $ 316,000 Net income attributable to noncontrolling interests 23,000 17,000 Net income 263,000 333,000 Provision for income taxes (1) 91,000 115,000 Income before income taxes 354,000 448,000 Depreciation and amortization 295,000 279,000 Interest expense, net 174,000 166,000 Other (2) 21,000 13,000 Total Reported EBITDA $ 844,000 $ 906,000 Mountain Reported EBITDA (3) $ 818,000 $ 872,000 Lodging Reported EBITDA (4) 16,000 26,000 Resort Reported EBITDA (5) 838,000 894,000 Real Estate Reported EBITDA 6,000 12,000 Total Reported EBITDA $ 844,000 $ 906,000 (1) The provision for income taxes may be impacted by excess tax benefits primarily resulting from vesting and exercises of equity awards. Our estimated provision for income taxes does not include the impact, if any, of unknown future exercises of employee equity awards, which could have a material impact given that a significant portion of our awards may be in-the-money depending on the current value of the stock price. (2) Our guidance includes certain forward looking known changes in the fair value of the contingent consideration based solely on the passage of time and resulting impact on present value. Guidance excludes any forward looking change based upon, among other things, financial projections including long-term growth rates for Park City, which such change may be material. Separately, the intercompany loan associated with the Whistler Blackcomb transaction requires foreign currency remeasurement to Canadian dollars, the functional currency of Whistler Blackcomb. Our guidance excludes any forward looking change related to foreign currency gains or losses on the intercompany loans, which such change may be material. Additionally, our guidance excludes the impact of any future sales or disposals of land or other assets which are contingent upon future approvals or other outcomes. (3) Mountain Reported EBITDA also includes approximately $25 million of stock-based compensation. (4) Lodging Reported EBITDA also includes approximately $4 million of stock-based compensation. (5) The Company provides Reported EBITDA ranges for the Mountain and Lodging segments, as well as for the two combined. The low and high of the expected ranges provided for the Mountain and Lodging segments, while possible, do not sum to the high or low end of the Resort Reported EBITDA range provided because we do not expect or assume that we will hit the low or high end of both ranges. (6) Guidance estimates are predicated on an exchange rate of $0.74 between the Canadian dollar and U.S. dollar, related to the operations of Whistler Blackcomb in Canada; an exchange rate of $0.67 between the Australian dollar and U.S. dollar, related to the operations of our Australian ski areas; and an exchange rate of $1.18 between the Swiss franc and U.S. dollar, related to the operations of Andermatt-Sedrun and Crans-Montana in Switzerland. Liquidity and Return of Capital As of October 31, 2024 , the Company's total liquidity as measured by total cash plus revolver availability was approximately $1,024 million . This includes $404 million of cash on hand, $407 million of U.S. revolver availability under the Vail Holdings Credit Agreement, and $213 million of revolver availability under the Whistler Credit Agreement. As of October 31, 2024 , the Company's Net Debt was 2.8 times its trailing twelve months Total Reported EBITDA. Regarding the return of capital to shareholders, the Company declared a quarterly cash dividend of $2.22 per share of Vail Resorts' common stock payable on January 9, 2025 to shareholders of record as of December 26 , 2024. In addition, the Company repurchased approximately 0.1 million shares during the quarter at an average price of approximately $174 for a total of $20 million . The Company has 1.6 million shares remaining under its authorization for share repurchases. Commenting on capital allocation, Lynch said, "We will continue to be disciplined stewards of our shareholders' capital, prioritizing investments in our guest and employee experience, high-return capital projects, strategic acquisition opportunities, and returning capital to our shareholders. The Company has a strong balance sheet and remains focused on returning capital to shareholders while always prioritizing the long-term value of our shares." Capital Investments Vail Resorts is committed to enhancing the guest experience and supporting the Company's growth strategies through significant capital investments. For calendar year 2025, the Company plans to invest approximately $198 million to $203 million in core capital, before $45 million of growth capital investments at its European resorts, including $41 million at Andermatt-Sedrun and $4 million at Crans-Montana, and $6 million of real estate related capital projects to complete multi-year transformational investments at the key base area portals of Breckenridge Peak 8 and Keystone River Run, and planning investments to support the development of the West Lionshead area into a fourth base village at Vail Mountain. Including European growth capital investments, and real estate related capital, the Company plans to invest approximately $249 million to $254 million in calendar year 2025. Projects in the calendar year 2025 capital plan described herein remain subject to approvals. In calendar year 2025, the Company will embark on two multi-year transformational investment plans at Park City Mountain and Vail Mountain. In addition to embarking on two multi-year transformational investment plans, the Company is planning significant investments across the guest experience in calendar year 2025, including: In addition to the investments planned for calendar year 2025, the Company is completing significant investments that will enhance the guest experience for the upcoming 2024/2025 North American and European ski season. As previously announced, the Company expects its capital plan for calendar year 2024 to be approximately $189 million to $194 million , excluding $13 million of incremental capital investments in premium fleet and fulfillment infrastructure to support the official launch of My Epic Gear for the 2024/2025 winter season at 12 destination and regional resorts across North America , $7 million of growth capital investments at Andermatt-Sedrun, $2 million of maintenance and $2 million of integration investments at Crans-Montana, and $3 million of reimbursable capital. Including these one-time investments, the Company's total capital plan for calendar year 2024 is now expected to be approximately $216 million to $221 million . Earnings Conference Call The Company will conduct a conference call today at 5:00 p.m. eastern time to discuss the financial results. The call will be webcast and can be accessed at www.vailresorts.com in the Investor Relations section, or dial (800) 579-2543 (U.S. and Canada ) or +1 (785) 424-1789 (international). The conference ID is MTNQ125. A replay of the conference call will be available two hours following the conclusion of the conference call through December 16, 2024 , at 11:59 p.m. eastern time . To access the replay, dial (800) 753-9146 (U.S. and Canada ) or +1 (402) 220-2705 (international). The conference call will also be archived at www.vailresorts.com . About Vail Resorts, Inc. (NYSE: MTN) Vail Resorts is a network of the best destination and close-to-home ski resorts in the world including Vail Mountain, Breckenridge , Park City Mountain, Whistler Blackcomb, Stowe, and 32 additional resorts across North America ; Andermatt-Sedrun and Crans-Montana Mountain Resort in Switzerland ; and Perisher, Hotham, and Falls Creek in Australia . We are passionate about providing an Experience of a Lifetime to our team members and guests, and our EpicPromise is to reach a zero net operating footprint by 2030, support our employees and communities, and broaden engagement in our sport. Our company owns and/or manages a collection of elegant hotels under the RockResorts brand, a portfolio of vacation rentals, condominiums and branded hotels located in close proximity to our mountain destinations, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Retail operates more than 250 retail and rental locations across North America . Learn more about our company at www.VailResorts.com , or discover our resorts and pass options at www.EpicPass.com . Forward-Looking Statements Certain statements discussed in this press release and on the conference call, other than statements of historical information, are forward-looking statements within the meaning of the federal securities laws, including the statements regarding fiscal 2025 performance and the assumptions related thereto, including, but not limited to, our expected net income and Resort Reported EBITDA; our expectations regarding our liquidity; expectations related to our season pass products; our expectations regarding our ancillary lines of business; capital investment projects; our calendar year 2025 capital plan; our expectations regarding our resource efficiency transformation plan; and the payment of dividends. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include but are not limited to risks related to a prolonged weakness in general economic conditions, including adverse effects on the overall travel and leisure related industries and our business and results of operations; risks associated with the effects of high or prolonged inflation, elevated interest rates and financial institution disruptions; unfavorable weather conditions or the impact of natural disasters or other unexpected events; the ultimate amount of refunds that we could be required to refund to our pass product holders for qualifying circumstances under our Epic Coverage program; the willingness or ability of our guests to travel due to terrorism, the uncertainty of military conflicts or public health emergencies, and the cost and availability of travel options and changing consumer preferences, discretionary spending habits; risks related to travel and airline disruptions, and other adverse impacts on the ability of our guests to travel; risks related to interruptions or disruptions of our information technology systems, data security or cyberattacks; risks related to our reliance on information technology, including our failure to maintain the integrity of our customer or employee data and our ability to adapt to technological developments or industry trends; our ability to acquire, develop and implement relevant technology offerings for customers and partners; the seasonality of our business combined with adverse events that may occur during our peak operating periods; competition in our mountain and lodging businesses or with other recreational and leisure activities; risks related to the high fixed cost structure of our business; our ability to fund resort capital expenditures, or accurately identify the need for, or anticipate the timing of certain capital expenditures; risks related to a disruption in our water supply that would impact our snowmaking capabilities and operations; our reliance on government permits or approvals for our use of public land or to make operational and capital improvements; risks related to resource efficiency transformation initiatives; risks related to federal, state, local and foreign government laws, rules and regulations, including environmental and health and safety laws and regulations; risks related to changes in security and privacy laws and regulations which could increase our operating costs and adversely affect our ability to market our products, properties and services effectively; potential failure to adapt to technological developments or industry trends regarding information technology; our ability to successfully launch and promote adoption of new products, technology, services and programs; risks related to our workforce, including increased labor costs, loss of key personnel and our ability to maintain adequate staffing, including hiring and retaining a sufficient seasonal workforce; our ability to successfully integrate acquired businesses, including their integration into our internal controls and infrastructure; our ability to successfully navigate new markets, including Europe , or that acquired businesses may fail to perform in accordance with expectations; a deterioration in the quality or reputation of our brands, including our ability to protect our intellectual property and the risk of accidents at our mountain resorts; risks related to scrutiny and changing expectations regarding our environmental, social and governance practices and reporting; risks associated with international operations, including fluctuations in foreign currency exchange rates where the Company has foreign currency exposure, primarily the Canadian and Australian dollars and the Swiss franc, as compared to the U.S. dollar; changes in tax laws, regulations or interpretations, or adverse determinations by taxing authorities; risks related to our indebtedness and our ability to satisfy our debt service requirements under our outstanding debt including our unsecured senior notes, which could reduce our ability to use our cash flow to fund our operations, capital expenditures, future business opportunities and other purposes; a materially adverse change in our financial condition; adverse consequences of current or future litigation and legal claims; changes in accounting judgments and estimates, accounting principles, policies or guidelines; and other risks detailed in the Company's filings with the Securities and Exchange Commission, including the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended July 31, 2024 , which was filed on September 26, 2024 . All forward-looking statements attributable to us or any persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. All guidance and forward-looking statements in this press release are made as of the date hereof and we do not undertake any obligation to update any forecast or forward-looking statements whether as a result of new information, future events or otherwise, except as may be required by law. Statement Concerning Non-GAAP Financial Measures When reporting financial results, we use the terms Resort Reported EBITDA, Total Reported EBITDA, Resort EBITDA Margin, Net Debt and Net Real Estate Cash Flow, which are not financial measures under accounting principles generally accepted in the United States of America ("GAAP"). Resort Reported EBITDA, Total Reported EBITDA, Resort EBITDA Margin, Net Debt and Net Real Estate Cash Flow should not be considered in isolation or as an alternative to, or substitute for, measures of financial performance or liquidity prepared in accordance with GAAP. In addition, we report segment Reported EBITDA (i.e. Mountain, Lodging and Real Estate), the measure of segment profit or loss required to be disclosed in accordance with GAAP. Accordingly, these measures may not be comparable to similarly-titled measures of other companies. Additionally, with respect to discussion of impacts from currency, the Company calculates the impact by applying current period foreign exchange rates to the prior period results, as the Company believes that comparing financial information using comparable foreign exchange rates is a more objective and useful measure of changes in operating performance. Reported EBITDA (and its counterpart for each of our segments) has been presented herein as a measure of the Company's performance. The Company believes that Reported EBITDA is an indicative measurement of the Company's operating performance, and is similar to performance metrics generally used by investors to evaluate other companies in the resort and lodging industries. The Company defines Resort EBITDA Margin as Resort Reported EBITDA divided by Resort net revenue. The Company believes Resort EBITDA Margin is an important measurement of operating performance. The Company believes that Net Debt is an important measurement of liquidity as it is an indicator of the Company's ability to obtain additional capital resources for its future cash needs. Additionally, the Company believes Net Real Estate Cash Flow is important as a cash flow indicator for its Real Estate segment. See the tables provided in this release for reconciliations of our measures of segment profitability and non-GAAP financial measures to the most directly comparable GAAP financial measures. Vail Resorts, Inc. Consolidated Condensed Statements of Operations (In thousands, except per share amounts) (Unaudited) Three Months Ended October 31, 2024 2023 Net revenue: Mountain and Lodging services and other $ 187,050 $ 182,834 Mountain and Lodging retail and dining 73,162 71,442 Resort net revenue 260,212 254,276 Real Estate 63 4,289 Total net revenue 260,275 258,565 Segment operating expense: Mountain and Lodging operating expense 266,264 255,576 Mountain and Lodging retail and dining cost of products sold 28,947 31,295 General and administrative 106,857 108,025 Resort operating expense 402,068 394,896 Real Estate operating expense 1,491 5,181 Total segment operating expense 403,559 400,077 Other operating (expense) income: Depreciation and amortization (71,633) (66,728) Gain on sale of real property 16,506 6,285 Change in estimated fair value of contingent consideration (2,079) (3,057) Loss on disposal of fixed assets and other, net (1,529) (2,043) Loss from operations (202,019) (207,055) Mountain equity investment income, net 2,151A few days ago, the Brazilian model Ana Paula Consorte, who is in a relationship with the soccer player Paolo Guerrero shared with her followers that she was admitted to a hospital due to a diagnosis of pneumonia. This news generated concern among his fans, who have been attentive to his state of health. After causing great concern among his followers, Ana Paula Consorte He reappeared on his social networks to share family images for Christmas. The model showed off with Paolo Guerrero after having gone through a complicated situation regarding his health, since he had pneumonia. The publication of Ana Paula Consorte Before Christmas, Ana Paula Consorte has decided to show his progress in health and deny rumors of an alleged breakup with Paolo Guerrero by participating in a Christmas photo session with the footballer and his three children. Through his Instagram account, he shared a series of images in which he is seen with a renewed appearance, in addition to dedicating emotional words to his loved ones. “FAMILY, a seven-letter word that means everything,” was what the Brazilian wrote in the Christmas publication. These images have reassured her followers, since the influencer went through a difficult time when she became ill with pneumonia. Ana Paula Consorte and Paolo Guerrero pose before Christmas and with their children. Photo: Instagram Internet users were quick to send their best wishes to the family. Warrior Consort who will reportedly spend the holidays in Brazil. Users celebrated the family union and expressed their wish that it last over time. Likewise, they praised how good they look together, highlighting the harmony they project as a family. What had happened to Ana Paula Consorte? On December 22, Ana Paula Consorte He posted a moving video on Instagram, where he outlined the challenges he had faced in recent weeks. The model reported that she was admitted to a hospital due to a diagnosis of pneumonia, which led her to be undergoing treatment and away from her children. “High fever, cough, vomiting, not being able to walk, there we went to the hospital for the third time and, to my surprise, a diagnosis: pneumonia. End of the year, being with my family, enjoying my children, nephews, brothers, my parents is so important and, suddenly, STOP. Soon me? There are 3 children and a fast life, I love being active and feeling good, but my body forced me to stop,” she mentioned in her social media post. In a recent video shared by Ana Paula Consorte the model documented her stay in the hospital, where she was seen chatting via video call with her children and other family members. However, what caught the attention of her followers most was the notable absence of her partner, Paolo Guerrero, in the images she published. Join our entertainment channel
'Logistical nightmare': Federal GST holiday a burden for some Calgary businesses
Inside The Heart Of The Magnetocaloric Heat Pump Of The FutureThe ouster of Syrian dictator, Bashar al-Assad came as a wakeup call for Iran, which has otherwise overcome many challenges since the 1979 revolution. It is time for Tehran to examine whether it has missed some of the objectives of the revolution. At the same time three weeks after the December 8 development, somber realization dawned upon the Muslim world in general, and Sunnis in particular, which welcomed the downfall of the barbaric ruler of Syria. The emergence of Israel and the United States as major players has alarmed them. First, take up the case of post-Revolution Iran, which survived many counter-revolution activities in the initial years. Its chief Justice and second most powerful man then Sayyed Mohammad Hussaini Beheshti, four ministers, 27 MPs, and about 45 other top officials were killed in a bombing on June 28, 1981, and then two months later on August 30 both its President (Mohammad Ali Rajai) and Prime Minister (Javad Bahonar), died in another massive explosion caused by the anti-revolution elements. The incidents took place at the height of the war with Iraq, which caused massive destruction and loss of lakhs of lives. These incidents were the outcome of the infighting between Islamists on one hand and secular, independent, and Left-leaning groups on the other. At the time of the revolution against Raza Shah, they were united. The spiritual head, Ayatollah Ruhollah Khomeini who brought about the revolution sided with the Islamists. Yet Iran not only managed to confront this crisis—and many others later—with great aplomb. This did not deter the country from carrying out its mission against Israel and America in the Levant. Soon Hezbollah came into existence. On October 23, 1983, it carried out two massive suicide attacks on US and French forces stationed in Lebanon killing 241 and 58 soldiers respectively. The Iraqi dictator Saddam Husain, who attacked Iran with the help of the West was two decades later hanged by the same masters. But Iran survived the savagery caused by him and emerged as a scientific and military powerhouse. This was so even though it had to face Western sanctions, freezing of its bank accounts, and isolation. Until 1991 Soviet Union was another Superpower and a Communist country that had invaded neighbouring Afghanistan on December 27, 1979 Iran maintained distance from it too. The relationship with the rump Russia improved only after the dismemberment of the Soviet Union. Today its leaders are confident that the country will manage to come out successfully from the present uncertainty caused by the abrupt withdrawal from the Syrian theatre. But it would be premature to come to any conclusion. Yet Iran, it appears, has failed to achieve some of the primary objectives of the revolution. Or if it has achieved them, the ruling establishment could not propagate them because of inherent shortcomings. As it was compelled by the circumstances—violent foreign aggression and sabotage from within—it was left with no alternative but to fight for survival. Perhaps in the process, it could not fully succeed in spreading the real message of Islam: “Enjoining or prescribing virtue (maroof) and forbidding vice (munkar).” Or if it has done so, it could not get the due space in the global sphere. The problem with Iran is that it got bad publicity and its own propaganda machinery is not so strong to present its perspective. This was so notwithstanding the fact that in the initial years, especially before the advent of the internet, Iranian magazines, journals, and other periodicals were used to counter the West. The country has left many European powers behind so far as development in science and technology is concerned, yet hardly anyone highlights this aspect. That its drones are used by Russia, which itself was a Superpower till 1991, is an acknowledgment of the fact. However, the Iranians failed to market their achievements. The media in the larger Sunni world too were reluctant to highlight its feats. In contrast, Turkey got better treatment. Besides, Khomeini at the time of the revolution espoused the cause of Mostazafeen (poor, oppressed, and disabled people) of the world. In the initial years, good works were done in this direction. Khomeini himself established the Mostazafan Foundation, a few days after the February 11, 1979 Revolution. It is not that Iran has not done enough in these directions. But whatever it had done, it had not got the due coverage. Instead, a picture of the villain has been sketched. Unlike Turkey, another powerful Muslim country, Iranians showed enormous resilience, There is not just one Recep Tayyip Erdogan, but an unlimited number of figures who carried the message of revolution even though almost the entire top brass of leadership was wiped out in two huge bombings in 1981 (as mentioned above). But it is also a fact that at times the Iranian regime showed obstinacy in dealing with the situation. Even the good friends within the country are not heard. Though it is true that in comparison to other countries of the entire region, public criticism of the policies of the government is tolerated sometimes the establishment has overreacted to the situation and has suppressed the voice of dissent. Iran is facing a grave challenge. Though its proxies in Gaza and Lebanon have given up resistance—may be a tactical retreat–yet Houtis or Ansarallah of Yemen continue to carry on the fight and are targeting the American, Israeli, and British navies in and around the Red Sea causing huge loss of revenue and business. Though these countries have carried out heavy bombardment on Yemen, the latter has struck or sank many naval vessels and claimed to have even targeted the USS Abraham Lincoln, an aircraft carrier, last November. The US denied that it was hit, yet it is a fact that Abraham Lincoln was withdrawn from the scene. As late as last week a Yemeni hypersonic missile hit Israel. However, these achievements of Yemen-Iran are not getting due coverage for obvious reasons.
Adam Pemble, AP journalist whose compassionate lens brought stories to life, dies at 52
Caitlin Clark honored as AP Female Athlete of the Year following her impact on women's sports Caitlin Clark has been named the AP Female Athlete of the Year after raising the profile of women’s basketball to unprecedented levels in both college and the WNBA. She led Iowa to the national championship game, was the top pick in the WNBA draft and captured rookie of the year honors in the league. Fans packed sold-out arenas and millions of television viewers followed her journey on and off the court. Clark's exploits also put other women's sports leagues in the spotlight. A group of 74 sports journalists from AP and its members voted on the award. Other athletes who received votes included Olympic gold medalist Simone Biles and boxer Imane Khelif. Clark’s only the fourth women’s basketball player to win the award since it was first given in 1931. Wemby at The Garden. LeBron vs. Steph. The NBA's Christmas Day lineup, as always, has star power LeBron James made his Christmas debut in 2003. Victor Wembanyama was born 10 days later. That’s right: James has been featured on the NBA’s big day for longer than Wembanyama has been alive. And on Wednesday the league’s oldest player and brightest young star will be big parts of the holiday showcase. It’s another Christmas quintupleheader, with Wembanyama and the San Antonio Spurs visiting the New York Knicks, Minnesota going to Dallas for a Western Conference finals rematch, Philadelphia heading to Boston to renew a storied rivalry, James and the Los Angeles Lakers taking on Stephen Curry and the Golden State Warriors, and Denver playing at Phoenix. Pro Picks: Chiefs will beat the Steelers and Ravens will edge the Texans on Christmas Day Playoff berths, draft positioning and more are up for grabs in Week 17. There’s going to be plenty of football on television this holiday week with the NFL playing games on five out of six days, starting with a doubleheader on Christmas Day featuring four of the AFC’s top five teams. Patrick Mahomes and the two-time defending Super Bowl champion Kansas City Chiefs visit Russell Wilson and the Pittsburgh Steelers on Wednesday. Then, two-time NFL MVP Lamar Jackson and the Baltimore Ravens take on C.J. Stroud and the Houston Texans. The Bears host the Seahawks on Thursday night and there are three games on Saturday, making Sunday’s schedule light at nine games. Falcons drafting Penix no longer a head-scratcher with rookie QB shining in place of benched Cousins It was the most surprising first-round pick in a long time when the Atlanta Falcons chose Michael Penix Jr. with the eighth overall selection in the NFL draft last April. That came just six weeks after the Falcons had signed free agent quarterback Kirk Cousins to a four-year, $180 million deal with $100 million in guarantees. But that move is no longer a head-scratcher after Penix's solid starting debut in place of a benched and turnover-prone Cousins. Several teams have fared well with new quarterbacks this season including the Steelers, Broncos, Vikings and Commanders. Lindsey Vonn thinks her new titanium knee could start a trend in skiing. And pro sports in general ST. MORITZ, Switzerland (AP) — Lindsey Vonn thinks her new titanium knee could be the start of a trend in ski racing. The 40-year-old American standout had replacement surgery in April and returned to the World Cup circuit after nearly six years last weekend. She says her knee feels “amazing" and that "it’s something to seriously consider for athletes that have a lot of knee problems.” Her surgery was the first of its kind in World Cup skiing. Vonn had a robot-assisted surgery in April with part of the bone in her right knee cut off and replaced by two titanium pieces. She was planning her comeback a month later. Boise State's legacy includes winning coaches and championship moments No. 8 and third-seeded Boise State is preparing for its third trip to the Fiesta Bowl. This time it's in a playoff quarterfinal against No. 5 and sixth-seeded Penn State on New Year’s Eve. Boise State's first appearance on the national stage was in a memorable victory over Oklahoma in the Fiesta Bowl on Jan. 1, 2007. But former coach Chris Petersen said the victory in that bowl three years later over TCU was even more meaningful for the program. Players have mixed feelings about being on the road on Christmas as NFL adds more holiday games OWINGS MILLS, Md. (AP) — Games on Christmas aren’t new to the NFL. The Miami Dolphins famously beat the Kansas City Chiefs in a playoff game on Dec. 25, 1971 — a double-overtime classic that still holds the record for the NFL’s longest game. In 2020, New Orleans running back Alvin Kamara tied an NFL record with six touchdowns in a game when the Saints beat Minnesota on Christmas. Lately the league has been much more aggressive about scheduling games on Christmas. That's been met with mixed feelings among the players. Baltimore tackle Ronnie Stanley says there is an offensive line Christmas party planned for Friday at center Tyler Linderbaum’s house. Quarterback Lamar Jackson’s plan is to celebrate on Thursday. Embiid ejected after drawing 2 technicals in game against Wembanyama and Spurs PHILADELPHIA (AP) — Philadelphia 76ers star Joel Embiid was ejected in the first half of Monday night’s game against San Antonio after drawing two technical fouls. Referee Jenna Schroeder ejected Embiid with 2 minutes, 59 seconds left in the second quarter. The seven-time All-Star received the first technical for arguing with Schroeder, and received another technical — and ejection — from Schroeder before any more game time elapsed. Embiid was close to Schroeder, but it wasn’t clear from replays whether he made contact with the official. An enraged Embiid charged toward the officials after the ejection and was restrained by teammate Kyle Lowry, head coach Nick Nurse and several assistants. Nikki Glaser uses Prime Video's NFL postgame show appearances to help prepare for Golden Globes INGLEWOOD, Calif. (AP) — Nikki Glaser has become a familiar face to football fans this season. Her breakthrough performance at the Tom Brady Roast on May 5 paved the way for five appearances on Amazon Prime Video’s “Thursday Night Football” postgame show. Glaser said before last Thursday’s game between the Denver Broncos and Los Angeles Chargers that doing her “Late Hits” segment was a no-brainer following her success at the Brady roast. Leaving Thunder, Bucks off the NBA's Christmas game list has those teams feeling snubbed Oklahoma City leads the Western Conference and has a MVP candidate in Shai Gilgeous-Alexander. Milwaukee has the NBA’s leading scorer in Giannis Antetokounmpo. They were the teams that made their way to the NBA Cup final. By any measure, they’re both very good teams. And neither will play on Christmas Day this year. Bah, humbug. The NBA faces the same challenge every summer, figuring out which 10 teams will get the honor of playing on Christmas Day. But the Bucks and Thunder are right to feel snubbed.The Onion's bid to buy Infowars goes before judge as Alex Jones tries stopping sale
NoneA former wide receiver for the Buffalo Bills is accused of intentionally infecting a woman, and others, with an incurable STD, according to a new lawsuit. In the lawsuit, the woman says Eric Moulds kept quiet about having herpes during their monthslong romantic relationship in 2023. After they exchanged messages over Instagram in January 2023, Moulds offered her “an all-expenses paid trip” and flew her out to see him in Charlotte, North Carolina, according to a complaint filed Dec. 10 in New York State Superior Court. They began a sexual relationship during this trip, the complaint says. Moulds, as a Buffalo Bills player from 1996 to 2005, played in the NFL’s Pro Bowl three times and has a football training facility in Charlotte, according to the Buffalo News, which first reported on the lawsuit. According to the complaint, the woman continued to visit Moulds, who paid for her flights, until November 2023, which was the last time they were intimate and had unprotected sex. Moulds never told her that he had herpes, the complaint says. Instead, his pregnant fiancée did when she contacted the woman in December 2023 and suggested that she get tested for STDs “because she, along with other women whom (Moulds) had relationships with, had been transmitted diseases by him,” according to the complaint. The woman, who didn’t know Moulds had been in a relationship with his fiancée for eight years, tested positive for herpes simplex virus type 2 that month, the complaint says. The woman, of Erie County, New York, is suing Moulds, who lives in Rock Hill, South Carolina, on claims of negligence and for purposefully giving her an STD. Moulds hasn’t been officially served with the lawsuit as of Dec. 12, but is aware of it, according to his attorney Frank LoTempio III. “We are in the process of preparing a response and possibly a motion to dismiss,” LoTempio told McClatchy News via email on Dec. 12. “We will be fully defending this action against him.” Tried ‘to buy her silence’ According to the lawsuit, Moulds first reached out to the woman over Instagram in 2018 and they would occasionally message each other before reconnecting over the social media platform in January 2023. After her herpes diagnosis, the complaint says the woman learned Moulds “also engaged with multiple women besides (her) via social media.” He’s accused of targeting “single mothers who were Buffalo Bills fans living in Western New York.” According to the complaint, Moulds used his “celebrity status” as an NFL star to meet women online and initiate sexual conversations before later offering “all-expenses-paid invitations to see him in person to convert the online relationship into (an) intimate sexual relationship.” The woman isn’t the first to similarly sue Moulds, the complaint says. Moulds is accused of giving other women herpes and paying them to drop lawsuits they filed against him, according to the complaint, which says he had them sign non-disclosure agreements. The woman suing him now says she hadn’t been intimate with anyone else throughout her relationship with Moulds. “In the wake of another potential lawsuit, (Moulds) offered money in an attempt to buy her silence,” the complaint says. The woman seeks an unspecified amount in damages with her lawsuit. The herpes simplex virus 2 can lead to recurring “painful blisters or ulcers” in the genital area, according to the World Health Organization. Though incurable, the disease’s symptoms can be treated. Most people who have herpes don’t experience symptoms or only have mild symptoms, the WHO says online. “(Moulds’) conduct was outrageous and extreme as it put his own sexual desires over (the woman’s) permanent health,” the complaint says. Woman fired after reporting co-worker exposing himself in NC, feds say. She gets $35K Masked men injected couple with fake ‘deadly’ virus and demanded $8.5 million, feds say Parents sue Whole Foods after they say son had a life-threatening reaction to pizza
Matt Gaetz says he won’t return to Congress next year after withdrawing name for attorney generalBrian Daboll on "fix this dumpster fire" banner: I'm not happy either
Sitrin Capital Management LLC boosted its position in shares of Amazon.com, Inc. ( NASDAQ:AMZN ) by 5.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 35,995 shares of the e-commerce giant’s stock after buying an additional 1,867 shares during the period. Amazon.com accounts for 3.4% of Sitrin Capital Management LLC’s investment portfolio, making the stock its 10th largest position. Sitrin Capital Management LLC’s holdings in Amazon.com were worth $6,707,000 as of its most recent filing with the Securities & Exchange Commission. Other large investors have also bought and sold shares of the company. PayPay Securities Corp boosted its stake in Amazon.com by 64.6% during the second quarter. PayPay Securities Corp now owns 163 shares of the e-commerce giant’s stock valued at $32,000 after buying an additional 64 shares in the last quarter. Hoese & Co LLP acquired a new position in shares of Amazon.com in the 3rd quarter valued at $37,000. Bull Oak Capital LLC acquired a new position in shares of Amazon.com in the 3rd quarter valued at $45,000. Christopher J. Hasenberg Inc boosted its position in shares of Amazon.com by 650.0% in the 2nd quarter. Christopher J. Hasenberg Inc now owns 300 shares of the e-commerce giant’s stock valued at $58,000 after purchasing an additional 260 shares during the period. Finally, Values First Advisors Inc. acquired a new position in shares of Amazon.com in the 3rd quarter valued at $56,000. Institutional investors own 72.20% of the company’s stock. Amazon.com Price Performance Shares of NASDAQ:AMZN opened at $227.03 on Friday. Amazon.com, Inc. has a 1-year low of $143.64 and a 1-year high of $227.15. The firm has a market capitalization of $2.39 trillion, a PE ratio of 48.61, a PEG ratio of 1.46 and a beta of 1.16. The business’s 50 day moving average is $197.39 and its 200-day moving average is $188.12. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. Wall Street Analyst Weigh In A number of equities analysts recently weighed in on AMZN shares. Stifel Nicolaus increased their price target on Amazon.com from $224.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Scotiabank increased their price target on Amazon.com from $245.00 to $246.00 and gave the company a “sector outperform” rating in a research report on Friday, November 1st. Telsey Advisory Group increased their price target on Amazon.com from $215.00 to $235.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Bank of America increased their price target on Amazon.com from $210.00 to $230.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Finally, Rosenblatt Securities increased their price objective on Amazon.com from $221.00 to $236.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Two research analysts have rated the stock with a hold rating, forty-one have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $236.20. Read Our Latest Stock Report on AMZN Insider Transactions at Amazon.com In related news, SVP David Zapolsky sold 2,190 shares of the firm’s stock in a transaction that occurred on Tuesday, September 24th. The stock was sold at an average price of $195.00, for a total transaction of $427,050.00. Following the completion of the transaction, the senior vice president now owns 62,420 shares in the company, valued at $12,171,900. This trade represents a 3.39 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website . Also, Director Daniel P. Huttenlocher sold 1,237 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $199.06, for a total value of $246,237.22. Following the transaction, the director now owns 24,912 shares of the company’s stock, valued at $4,958,982.72. This trade represents a 4.73 % decrease in their position. The disclosure for this sale can be found here . In the last quarter, insiders have sold 6,030,183 shares of company stock valued at $1,252,883,795. 10.80% of the stock is owned by corporate insiders. Amazon.com Profile ( Free Report ) Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content. Read More Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. ( NASDAQ:AMZN – Free Report ). Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter .
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