live roulette tables near me NEW YORK , Nov. 22, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of AMMO, Inc. ( NASDAQ : POWW ) between August 19, 2020 and September 24, 2024 , both dates inclusive (the "Class Period"), of the important November 29, 2024 lead plaintiff deadline. So what: If you purchased AMMO securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the AMMO class action, go to https://rosenlegal.com/submit-form/?case_id=29426 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 29, 2024 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case : According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) AMMO lacked adequate internal controls over financial reporting; (2) there was a substantial likelihood AMMO failed to accurately disclose all executive officers, members of management, and potential related party transactions in fiscal years 2020 through 2023; (3) there was a substantial likelihood AMMO failed to properly characterize certain fees paid for investor relations and legal services as reductions of proceeds from capital raises rather than period expenses in fiscal years 2021 and 2022; (4) there was a substantial likelihood AMMO failed to appropriately value unrestricted stock awards to officers, directors, employees and others in fiscal years 2020 through 2022; and (5) as a result of the foregoing, defendants' positive statements about AMMO's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the AMMO class action, go to https://rosenlegal.com/submit-form/?case_id=29426 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/ammo-deadline-poww-investors-have-opportunity-to-lead-ammo-inc-securities-fraud-lawsuit-302314412.html SOURCE THE ROSEN LAW FIRM, P. A.Most adults in the U.S. get less sleep than recommended across the board, and some racial and ethnic groups fare even worse, according to a new study that used readings from thousands of people who wore commercially available fitness trackers that monitored their sleep. That’s worrisome because research has increasingly shown that inadequate or poor sleep does more than just cause next-day fatigue. It can elevate the risk of cardiovascular disease, dementia, diabetes, high blood pressure, obesity, depression and other health conditions. The new research, presented at the American Heart Association’s Scientific Sessions in Chicago, used information from 13,204 people who agreed to supply data from their fitness tracker to the National Institutes of Health’s All of Us research program. The findings are considered preliminary until full results are published in a peer-reviewed journal. The average study participant was 49 years old and slept about 6.4 hours a night. Overall, only about a third of participants averaged the 7 to 9 hours of sleep the AHA recommends for adults. “Around 65% of the cohort actually slept below the recommended time of seven hours a night,” said the study’s lead researcher Adeep Kulkarni, a data analyst at NYU Grossman School of Medicine in New York City. Women and participants ages 18 to 44 averaged the most sleep compared to other sexes and age groups. But they still averaged less than the recommended amount. Of the races studied, white participants, who made up 81 percent of those studied, generally slept the most, averaging about 6.5 hours a night. Black participants, who made up about 5 percent of the study group, averaged almost 50 minutes less, getting only 5.7 hours a night. The 3 percent of participants who identified as Asian slept an average of 6.3 hours, as did people in the “other” category, who made up about 11 percent of the study group. Hispanic people made up roughly 6 percent of participants and slept an average of about 6.2 hours, compared with 6.5 hours for those who were not Hispanic. Data from the trackers was paired with the participants’ electronic health records. People with high blood pressure, diabetes and sleep apnea averaged slightly less sleep than people without those conditions. The study’s senior researcher, Dr. Souptik Barua, an assistant professor in the department of medicine’s division of precision medicine at NYU Grossman, said that while other studies have shown sleep disparities, the new approach provides insights on a scale not previously available. “For researchers, there have been wearable-based datasets before,” Barua said, but the All of Us data “is a game-changer.” Most sleep studies, he said, rely on devices that measure brain waves. Such studies remain “the gold standard,” Barua said, but are inconvenient. Sensors must be attached to a participant’s face and scalp, and the studies are most reliable when conducted in a sleep lab. Work with fitness trackers isn’t limited to such labs, he said. It’s “real life,” and can still be estimated relatively accurately compared to the gold standard. “This is not self-reported or survey data,” Barua said. “This is data coming from a device. So that’s a more objective measure of sleep.” And while at least one other large study has used wrist-worn devices to study sleep, it covered a much shorter period. “Most studies have analyzed sleep on the order of a week to a few weeks, maybe a month,” Barua said. The new work had more than six months’ worth of sleep data per person on average. The ability of the All of Us study team to track sleep patterns for so long was “impressive,” said Dr. Julio Fernandez-Mendoza, a professor of psychiatry and behavioral health, public health sciences and neural and behavioral sciences at Penn State University College of Medicine in Hershey, Pa. Fernandez-Mendoza, a clinical psychologist who directs Penn State’s behavioral sleep medicine program, was not involved in the new work. He said that while sleep disparities between Black and white adults have been well studied using both subjective and objective sleep measures, and other researchers have shown how lack of sleep also plays a role in heart health disparities, the new study’s large number of participants and use of commercially available trackers make it unique. The new study was not designed to explore the root causes of sleep differences, which are wide-ranging, Fernandez-Mendoza said. A 2023 article in The Lancet Public Health noted that socioeconomic status contributes to sleep disparities and that historically excluded groups tend to be disproportionately affected. Factors such as racism and discrimination, psychological stress, financial strain or having to work irregular hours and night shifts all can interfere with sleep. Barua acknowledged several limits to the new work. Everyone involved had to own a fitness tracker. “It’s a younger, more active and predominantly white/non-Hispanic population,” he said. It also is a group that would likely be healthier. “So this does not generalize to the U.S. population.” Although most of the tracking data came from after 2013, some of it went back as far as 2009. Sleep tracking technology has evolved over that time, Barua said. But he said the potential for future studies using such data was high. Already, he said, the All of Us initiative has launched a program to provide trackers to underrepresented communities. And newer devices offer ways to track not only sleep but sleep quality. The amount of deep sleep a person gets has been linked to conditions such as Alzheimer’s disease, Barua said. As more people wear tracking devices, the amount of data available to researchers will only grow, he said. Given how cost-effective it is for researchers to tap such databases, he said, health advice based on such evidence “can be sort of turbocharged.” While his expertise is in data, not treatment, Barua said the findings point to the need for individuals to pay attention to their sleep, given that few get the recommended amount. People with fitness trackers might use the data to monitor their habits, he said. “That’s information that potentially individuals can use to talk to their doctors about.”Enbridge Appoints New Director to its Board

Johannesburg, Dec 14 (PTI) G20 countries have the will, capacity and determination to address the formidable global challenges ahead, South African Finance Minister Enoch Godongwana has said here. He was speaking at a Finance and Central Bank Deputies Meeting of the bloc here on Thursday. "The global challenges ahead are formidable. But the G20 has the will, capacity and determination to address them," Godongwana said as he added that this was captured in the theme of South Africa's G20 Presidency -- 'Solidarity, Equality and Sustainability'. "There is an African proverb that reads: 'If you want to go fast, go alone. If you want to go far, go together.' Through our presidency, we will seek to strengthen and advance our common pursuit of the Sustainable Development Goals (SDGs) and the Pact for the Future," the minister said. He added that South Africa intended to use the presidency, which it took over from Brazil on December 1, to advance an African agenda. "To further this agenda and ensure that we strengthen the manner in which the G20 respond to the social and economic needs of our continent, we intend to establish a G20 Africa Expert Panel to support the G20 Finance Track. The G20 Africa Expert Panel will be composed of leading African economic, development and finance experts from the public sector, think tanks, academia and international financial institutions," Godongwana said. The minister said that one of the areas South Africa would request the G20 Africa Expert Panel to advise on was how the G20 could ensure that the various African initiatives, including the compact with Africa, could be strengthened to the benefit of the continent. "South Africa has also proposed a stocktake of the G20 finance track, to ensure that the G20 remains agile, responsive and fit for purpose. G20 leaders stated at the Rio Summit last month that they will accelerate the reform of the international financial architecture so that it can meet the urgent challenges of sustainable development, climate change and efforts to eradicate poverty. "The G20 Roadmap towards Better, Bigger and More Efficient MDBs was a milestone achievement under Brazil's Presidency. Now, the focus turns to implementation and monitoring," Godongwana said. "We will also keep our focus on enhancing debt sustainability, through improving the implementation of the Common Framework. We are aware that there are countries whose debt is sustainable, but which are facing acute liquidity challenges, which, if not addressed, could result in solvency challenges. "These challenges necessitate a comprehensive approach towards debt sustainability, which means there is no ‘one size fits all’ approach," the minister said, proposing that this should be addressed through a focus on putting in place the measures for countries to make the right investments and undertake appropriate reforms to support sustainable and inclusive economic growth. The private sector also needed to be involved, the minister added. "In our efforts to scale up finance, we cannot omit the important role of private sector finance. "Indeed, G20 engagement with the private sector remains critical if we are to achieve many of the goals we have set out for ourselves. South Africa's G20 Presidency will continue to work with business and other stakeholders, in order to unlock the global economy's full potential," he said. The discussions under South Africa's G20 Presidency will take place alongside the 5th Finance in Common Summit (FiCS) that will take place at the Cape Town International Convention Centre, South Africa, from February 26 to 28, 2025, as well as the 4th International Conference on Financing for Development (FfD4) in Spain in June 2025. (This story has not been edited by THE WEEK and is auto-generated from PTI)Patterson's 25 help Northwestern State defeat Houston Christian 64-57

The United States is rapidly installing grid-scale batteries that are helping to prevent power blackouts, known in German as Dunkelflaute , according to The Guardian . From barely any just a few years ago, the US has now installed 20 GW of grid-scale battery storage for its electric grid — equivalent to twenty 1 MW nuclear power plants. 5 GW of that total occurred in just the first seven months of this year, according to the federal Energy Information Administration. The EIA predicts total grid-scale battery storage capacity could double again to 40 GW by the end of next year if the new projects already in the pipeline are completed. It also predicts grid-scale storage batteries will provide about 40% of all the world’s short-term electricity needs by 2050. California and Texas, which both saw all-time highs in battery-discharged grid power this month, are leading the way in this growth, with enormous grid-scale storage batteries helping to manage the large amount of clean but intermittent solar and wind energy those states have added in recent years. The battery systems helped keep the lights on in California this summer, when in previous years the state experienced electricity rationing or blackouts during intense heatwaves when the use of air conditioning soared and power lines were toppled by wildfires. “We can leverage that stored energy and dispatch it when we need it,” Patti Poppe, chief executive of PG&E, California’s largest utility, said last month. “It’s been extraordinary growth,” said John Moura, director of reliability assessment and performance analysis at the North American Electric Reliability Corporation. “It’s still technology that we are getting used to working with because the system wasn’t designed for it, but from a reliability perspective it presents a golden opportunity. This changes the whole paradigm of producing electricity, delivering it and consuming it. Storage gives us a bit of a time machine to deliver it when we need it. There are a lot of changes happening but monstrous action is still needed if we are going to make this energy transition,” he said. The rapid growth of clean energy such as solar and wind provides more peaks and troughs of production that need to be actively managed in order to maintain a reliable grid. “Batteries can smooth out some of that variability from those times when the wind isn’t blowing or the sun isn’t shining. The Germans have a word for this sort of drought: Dunkelflaute,” said Moura. “So if you have a four hour storage battery, that can get you through a Dunkelflaute.” Most grid storage batteries can only supply power back to the grid for about four hours, which creates an opportunity that many companies hope to exploit with longer duration batteries. Much of that technology is still in its infancy. Until they are commercially available, a fully decarbonized grid will require a big increase in long distance transmission lines in the US to transfer renewable energy from where it is produced to where it is needed. The permitting reform to allow this is a bitterly contested issue, with many environmental groups opposed to looser regulations they say will only empower thermal generation from coal or methane. In Texas, Element Energy is operating what may be the largest grid-scale storage installation in the US that uses cells from battery EV battery packs that are no longer able to serve as traction batteries. Used batteries are cheaper than new batteries, but making them safe to use is the key to Element’s success. The 53 MWh project is located in West Texas at a wind farm owned by Nextera Energy Resources. CEO Tony Stratakos told Canary Media recently, “It’s really a very nice, living demonstration that everything we talked about last time has come to fruition and works. The promise of our technology is, we can operate batteries that others can’t.” Previously, the largest second-life grid battery was a B2U Storage Solutions project in Lancaster, California, which has 28 MWh of storage. Element gained access to a warehouse full of modules taken out of used EV battery packs — Canary Media suspects they may have come from first generation Chevy Bolts — in various states of health. It repackages them into containers operated by its proprietary hardware and software, which fine-tune commands at the cell level instead of treating all the batteries as a monolithic whole. This enables the system to get more use out of each cell without stressing any so much that they break down or cause a fire. The success of the West Texas installation is expected to attract interest from other customers who may have been reluctant to use second-life batteries previously despite their lower cost. Element has finalized a partnership with LG Energy Solution Vertech, the grid storage division of the South Korean battery manufacturer. It just so happens, LG was the supplier of the original Chevy Bolt batteries. LG will provide operations and maintenance, alleviating the risks associated with buying a long-term grid asset from a young startup like Element. The actual installation process turned out to be ​“a learning experience,” Stratakos said, meaning it took longer and cost more than initially planned, ​“but it was worth it,” he said. The company honed its technique for integrating the batteries into large-scale power plants, and improved its enclosure design along the way. Now it is getting real world data from daily plant operations in the ERCOT energy markets. “There is a lot of talk in this category,” said Tim Woodward, who invested in Element as managing director at Prelude Ventures. This project shows Element can operate at the scale necessary ​“to get the big guys” — in other words, large, sophisticated clean energy developers. The company is now exploring where to build a factory capable of assembling multiple gigawatt-hours of used battery enclosures per year, Stratakos said. In the meantime, he is working to close a number of deals with the 2 gigawatt-hours of second-life batteries Element has stockpiled in a warehouse in Kentucky. “I don’t think anyone has [a large volume of second-life batteries] sitting there, ready to be deployed,” Woodward said. ​“Batteries are lasting longer in the field than anticipated. It’s not that common that you’re seeing batteries pulled out of even the earliest Teslas.” Further success will involve winning over grid storage developers, who currently buy new batteries nearly 100% of the time. The backing from LG will help calm any fears potential customers might have. Second-life startups typically highlight the sustainability aspects of using them to attract first-time customers. Used batteries can reduce the environmental costs of the energy transition and keep valuable battery materials out of landfills. When it comes to actually closing a deal, though, ​“The number one issue is cost,” Stratakos said. Sustainability and circularity are definitely factors that customers consider, but ultimately that’s ​“more of a bonus.” Element says it can cut 30 to 50% off the cost on a fully installed basis. Last week in Baku, a contingent of Republican representatives were preening and strutting for anyone who would listen about how coal and methane are essential to meet supply baseload power. That is partially accurate, but longer duration grid storage batteries are coming for that baseload power, and what will they have to say then? Storage batteries can do things spinning reserves cannot, such as manage frequency and voltage variations in near real-time fashion. That capability can generate revenue for the battery owners and operators. As Stratakos says, the number one issue is cost, and when long-term energy storage is cheaper than thermally generated baseload power, that will be all she wrote for coal and methane. Of course, then the fossil fuel fanatics will resort to mandates to stay in business, even though mandates are supposedly anathema to them. Nothing says hypocrisy like people who talk out of both sides of their mouth to preserve their status and revenue streams. CleanTechnica's Comment Policy LinkedIn WhatsApp Facebook X Email Mastodon RedditMayor urges students to excel in modern fields

Trump isn't back in office but he's already pushing his agenda and negotiating with world leaders

Now that he’s stepped back into the role of being a starter, Dalton Risner is working tirelessly to make sure he’s at his best for the Vikings. ADVERTISEMENT That could be easier said than done in the short term. After starting exclusively at left guard since entering the NFL, Risner got the start at right guard for the first time last weekend with the Vikings playing the Tennessee Titans. Though he said he was extremely grateful for the opportunity, Risner also admitted there’s a learning curve now playing a new position. Not that he’s complaining about his place on the offensive line. “It was awesome,” Risner said. “I’m really happy with how I played. A few things to clean up. I think I’ll only continue to get better.” ADVERTISEMENT After rewatching the game, head coach Kevin O’Connell praised Risner for the way he competed in the trenches. “He showed some of that veteran moxie to win some downs that were some hard downs,” O’Connell said. “There are some things he’ll continue to improve with the speed and physicality of it as he finds his groove.” The biggest hurdle for Risner is getting his mind to think in reverse. He has spent so much time at left guard throughout his career that switching over to right guard has forced him out of his comfort zone. “All of it is flip-flopped,” Risner said. “It’s not an easy process.” ADVERTISEMENT It was made even more difficult last weekend with Risner going up against the combination of star defensive tackle Jeffery Simmons and rookie defensive tackle T’Vondre Sweat. “That’s about as good of a pair as we’re going to find in the NFL,” offensive coordinator Wes Phillips said. “We knew it was going to be a challenge up front with those guys. There are some things we could’ve done better from a technique perspective. We expect these guys to respond.” That includes Risner as the Vikings prepare for the Chicago Bears on Sunday afternoon at Soldier Field. As he gains more experience at his new position, his hope is that it becomes second nature to him at some point soon. ADVERTISEMENT “I don’t know how many reps it’ll be or how many games it’ll be,” Risner said. I know I’ll consistently get more and more comfortable there.” Briefly The only player listed as a non-participant on the injury report was tight end Josh Oliver (wrist/ankle). He hasn’t practiced at all this week, so his availability for this weekend is very much up in the air. ______________________________________________________ This story was written by one of our partner news agencies. Forum Communications Company uses content from agencies such as Reuters, Kaiser Health News, Tribune News Service and others to provide a wider range of news to our readers. Learn more about the news services FCC uses here .Trump team signs agreement to allow Justice to conduct background checks on nominees, staff

Pentagon announces new aid package of almost $1 billion for Ukraine

Mariah Carey cancels 2 New York, New Jersey Christmas concertsUnitedHealth Group Updates Business Outlook Ahead of Investor Conference

It's always a great time to invest in quality businesses that can prime your portfolio for long-term growth. It's important to be selective with the companies that you add to your portfolio and ensure that you only put cash into investments that align with your overall investment priorities, risk tolerance, and long-term goals. You should also only put cash to work that you can leave in your portfolio for a few years, not funds that you might soon need for bills or other financial obligations. On that note, if you're looking for top-notch growth stocks to buy right now and have $1,000 available to invest, here are two names to consider. 1. Eli Lilly Eli Lilly ( LLY -0.26% ) has been the darling of pharmaceutical stocks in the last 12 to 18 months, with shares rocketing upward as the popularity of its GLP-1 drugs has propelled revenue and earnings. Bear in mind, this is one of the oldest healthcare companies in the world, with a lineup of top-selling drugs across a range of disease categories that target everything from various cancers and cardiovascular ailments to endocrine disorders and neurological conditions. In the first nine months of 2024 alone, shares roared upward to the tune of about 62%. After the company reported its earnings for the third quarter of 2024, shares took a double-digit nosedive as investors responded negatively to a few key points, including a slight pullback in full-year guidance. The company also reported financial figures that were slightly below what Wall Street had expected. In terms of its full-year guidance, where Eli Lilly was targeting revenue for the 12-month period in the $45.4 billion to $46.6 billion range, the company is now projecting that it will deliver in the ballpark of $45.4 billion to $46 billion. Its Q3 revenue was around $800 million below what analysts had aimed for. That being said, a closer look is warranted, and the long-term outlook for this business is anything but dismal. Revenue in Q3 2024 rose 20% year over year to $11.4 billion. The company sold rights for its olanzapine portfolio in Q3, featuring products used to treat ailments such as schizophrenia and bipolar disorder. If you exclude revenue from this portfolio, Eli Lilly's top line actually jumped 42% on a year-over-year basis, which is a bit more than the 36% growth it reported in the second quarter. The company also reported net income of approximately $970 million in Q3. Tirzepatide, which is the main active ingredient in its top-selling drugs Mounjaro (for diabetes) and Zepbound (for weight loss), is being studied by Eli Lilly across multiple other disease areas. For example, positive phase 3 trial data from a 176-week study of tirzepatide demonstrated a 94% reduction in the risk of developing type 2 diabetes in adults with pre-diabetes who are obese or overweight. Another first-of-its-kind study initiated by Eli Lilly has been studying tirzepatide in adults with heart failure with preserved ejection fraction (HFpEF) and obesity. In this phase 3 trial, tirzepatide reduced heart failure symptoms and physical limitations while lowering the risk of worsening heart failure events by 38%. Risk of hospitalization for heart failure was also reduced by 56% in trial patients taking tirzepatide. In short, the future revenue and profit opportunities from tirzepatide may be in the very early innings. In Q3, sales of Mounjaro rose more than 121% year over year to $3.1 billion, while Zepbound (which was just approved last November) raked in $1.3 billion in sales. This was despite negative effects for both drugs cited by Eli Lilly that were caused by inventory decreases in the wholesaler channel. Blockbuster cancer drug Verzenio generated $1.37 billion in sales in the quarter, up 32% from one year ago, while sales of autoimmune disease drug Taltz jumped 18% to $879.6 million. While investors appear to be particularly reactionary in the current environment, that can present an opportunity for those with a sufficient buy-and-hold horizon to take a slice of the action. While Eli Lilly doesn't trade at a cheap valuation by any means, its annual dividend of $5.20 and steady increase to its payout can augment total investor returns. Investors who want to become part-owner in a top healthcare business with a steady global footprint may be remiss to overlook this quality stock. 2. Monday.com Monday.com ( MNDY 3.02% ) is a low-code and no-code platform that helps organizations build the work management tools and software applications they need to ensure business operations run smoothly. The company derives its revenue from monthly or annual subscription agreements that it enters into with customers who use its cloud-based platform. Monday.com's software enables everything from project management and collaboration to helping keep tools and files in a single location for easy access. Clients with little to no coding experience can leverage its platform to develop customized workflow apps featuring boards, charts, and other important automation solutions. Companies like Canva, Lionsgate , and Coca-Cola are just a handful of the big names on Monday.com's client roster. Investors have been particularly optimistic about Monday.com's performance recently, with shares skyrocketing to the tune of about 50% over the trailing 12-month period. As always, share price is never a reason to buy (or sell) a stock. You need to look at the underlying business, its drivers and detractors of growth, its financial performance, its industry, and its long-term growth runway to gain a clear picture of whether it's a wise fit for your portfolio. In the case of Monday.com, the company has only been in business since 2012, so it's still in the relatively early stages of its potential growth story. Management estimates that the company operates in a large and growing total addressable market, which could hit a valuation of $150 billion by the year 2026. The diverse range of solutions that Monday.com's platform offers allows it to target various segments of its overall market opportunity, including the $30 billion customer relationship management (CRM) software market. From a financial perspective, Monday.com is doing quite well. Its third-quarter revenue rose 33% from the year-ago period to $251 million, and the company officially surpassed the $1 billion annual recurring revenue (ARR) mark. Its overall net dollar retention rate (NRR) increased to 111%, while NRR for customers with more than $100,000 in ARR was 115%. The number of paid customers with more than $100,000 in ARR jumped 44% from one year ago. Meanwhile, the company's second-largest customer, which is an unnamed international technology company, more than doubled its seat count to 60,000 from 25,000. Although Monday.com is not profitable on the basis of generally accepted accounting principles ( GAAP ), cash flow is another core profitability metric to consider. From a free cash flow perspective, the company raked in $82.4 million of free cash flow, while net cash provided by operating activities was $86.6 million in Q3. While investors may need a certain level of risk tolerance to invest in software stocks, this resilient business looks like a compelling addition to a well-diversified portfolio.HICKSVILLE, N.Y. , Dec. 13, 2024 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") today announced the appointment of Brian Callanan , Senior Managing Director and General Counsel at Liberty Strategic Capital ("Liberty"), to its Board of Directors, effective December 16, 2024 . Commenting on the appointment, Joseph M. Otting , Chairman, President, and CEO said, "I'm pleased to have Brian join our Board. His proven track record and expertise in financial services, along with his strategic insights will be instrumental as we continue to execute on our transformation and long-term vision. Brian's perspectives will provide valuable guidance, and his leadership will play a critical role in driving sustainable growth, ensuring we achieve long-term success and maximize the value we deliver to our shareholders, employees, and clients." Callanan is a distinguished lawyer with extensive experience in financial regulation, regulatory compliance, and financial technology. At Liberty, Callanan leads the firm's legal function, serves on its Investment Committee, and focuses on financial sector investments. Prior to joining Liberty, he served as General Counsel of the U.S. Department of the Treasury, overseeing 2,000 lawyers across the department. As Chief General Counsel, he played a key role in major initiatives such as economic rescue programs during COVID-19, the design of new economic sanctions, and the implementation of tax reform. While serving as Deputy General Counsel, Callanan managed major litigation and advised on regulatory reform efforts, among other responsibilities. For his service, he received the Alexander Hamilton Award, the department's highest honor. This appointment aligns with the $1.05 billion equity investment in March 2024 , which stipulated that two Board seats would be granted to lead investor Liberty Strategic Capital. With Callanan's addition, the Company's Board of Directors, which was reconstituted earlier in 2024, expands to nine members, including Chairman, President, and Chief Executive Officer, Joseph M. Otting , Milton Berlinski , Alessandro P. DiNello , Alan Frank , Marshall Lux , Lead Independent Director Secretary Steven T. Mnuchin , Allen Puwalski , and Jennifer Whip. About Flagstar Financial, Inc. Flagstar Financial, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company is headquartered in Hicksville, New York . At September 30, 2024, the Company had $114.4 billion of assets, $73.0 billion of loans, deposits of $83 .0 billion, and total stockholders' equity of $8 .6 billion. Flagstar Bank, N.A. operates over 400 branches, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and West Coast. In addition, the Bank has approximately 80 private banking teams located in over 10 cities in the metropolitan New York City region and on the West Coast, which serve the needs of high-net worth individuals and their businesses. Cautionary Statements Regarding Forward-Looking Statements This release may include forward‐looking statements by the Company and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among other matters; (b) the future costs and benefits of the actions we may take; (c) our assessments of credit risk and probable losses on loans and associated allowances and reserves; (d) our assessments of interest rate and other market risks; (e) our ability to execute on our strategic plan, including the sufficiency of our internal resources, procedures and systems; (f) our ability to attract, incentivize, and retain key personnel and the roles of key personnel; (g) our ability to achieve our financial and other strategic goals, including those related to our merger with Flagstar Bancorp, Inc., which was completed on December 1, 2022, our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, and our ability to fully and timely implement the risk management programs institutions greater than $100 billion in assets must maintain; (h) the effect on our capital ratios of the approval of certain proposals approved by our shareholders during our 2024 annual meeting of shareholders; (i) the conversion or exchange of shares of the Company's preferred stock; (j) the payment of dividends on shares of the Company's capital stock, including adjustments to the amount of dividends payable on shares of the Company's preferred stock; (k) the availability of equity and dilution of existing equity holders associated with amendments to the 2020 Omnibus Incentive Plan; (l) the effects of the reverse stock split; and (m) transactions relating to the sale of our mortgage business and mortgage warehouse business. Forward‐looking statements are typically identified by such words as "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "should," "confident," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward‐looking statements speak only as of the date they are made; the Company does not assume any duty, and does not undertake, to update our forward‐looking statements. Furthermore, because forward‐looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those anticipated in our statements, and our future performance could differ materially from our historical results. Our forward‐looking statements are subject to, among others, the following principal risks and uncertainties: general economic conditions and trends, either nationally or locally; conditions in the securities, credit and financial markets; changes in interest rates; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services; changes in real estate values; changes in the quality or composition of our loan or investment portfolios, including associated allowances and reserves; changes in future allowance for credit losses, including changes required under relevant accounting and regulatory requirements; the ability to pay future dividends; changes in our capital management and balance sheet strategies and our ability to successfully implement such strategies; recent turnover in our Board of Directors and our executive management team; changes in our strategic plan, including changes in our internal resources, procedures and systems, and our ability to successfully implement such plan; changes in competitive pressures among financial institutions or from non‐financial institutions; changes in legislation, regulations, and policies; the imposition of restrictions on our operations by bank regulators; the outcome of pending or threatened litigation, or of investigations or any other matters before regulatory agencies, whether currently existing or commencing in the future; the success of our blockchain and fintech activities, investments and strategic partnerships; the restructuring of our mortgage business; our ability to recognize anticipated expense reductions and enhanced efficiencies with respect to our recently announced strategic workforce reduction; the impact of failures or disruptions in or breaches of the Company's operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns; the impact of natural disasters, extreme weather events, military conflict (including the Russia / Ukraine conflict, the conflict in Israel and surrounding areas, the possible expansion of such conflicts and potential geopolitical consequences), terrorism or other geopolitical events; and a variety of other matters which, by their nature, are subject to significant uncertainties and/or are beyond our control. Our forward-looking statements are also subject to the following principal risks and uncertainties with respect to our merger with Flagstar Bancorp, which was completed on December 1, 2022 , and our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction: the possibility that the anticipated benefits of the transactions will not be realized when expected or at all; the possibility of increased legal and compliance costs, including with respect to any litigation or regulatory actions related to the business practices of acquired companies or the combined business; diversion of management's attention from ongoing business operations and opportunities; the possibility that the Company may be unable to achieve expected synergies and operating efficiencies in or as a result of the transactions within the expected timeframes or at all; and revenues following the transactions may be lower than expected. Additionally, there can be no assurance that the Community Benefits Agreement entered into with NCRC, which was contingent upon the closing of the Company's merger with Flagstar Bancorp, Inc., will achieve the results or outcome originally expected or anticipated by us as a result of changes to our business strategy, performance of the U.S. economy, or changes to the laws and regulations affecting us, our customers, communities we serve, and the U.S. economy (including, but not limited to, tax laws and regulations). More information regarding some of these factors is provided in the Risk Factors section of our Annual Report on Form 10‐K/A for the year ended December 31, 2023, Quarterly Report on Forms 10-Q for the quarters ended March 31, 2024 , June 30, 2024 , and September 30, 2024 , and in other SEC reports we file. Our forward‐looking statements may also be subject to other risks and uncertainties, including those we may discuss in this news release, on our conference call, during investor presentations, or in our SEC filings, which are accessible on our website and at the SEC's website, www.sec.gov . Investor Contact: Salvatore J. DiMartino (516) 683-4286 Media Contact: Nicole Yelland (248) 219-9234 View original content to download multimedia: https://www.prnewswire.com/news-releases/flagstar-financial-inc-appoints-brian-callanan-to-board-of-directors-302331692.html SOURCE Flagstar Financial, Inc.