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2025-01-12
LG Energy Solution Hosts 'Battery Innovation Contest (BIC) 2025' to Foster Breakthrough Battery TechnologiesChewy Inc CHWY shares are moving lower in Wednesday’s after-hours session after the company announced a public offering by a selling stockholder and a concurrent share repurchase . What Happened: After the market close on Wednesday, Chewy announced an underwritten public offering of $500 million of its common stock, being sold by Buddy Chester Sub LLC, an entity affiliated with funds advised by Chewy’s largest shareholder BC Partners Advisors. The selling stockholder plans to grant the underwriters a 30-day option to purchase up to an additional $75 million of Chewy common stock. Chewy will not be selling any shares in the offering, and will not receive any proceeds. In connection with the offering, Chewy agreed to purchase $50 million of its common stock at the same price paid by the underwriters in the offering. The repurchased shares will be retired upon completion. The concurrent repurchase was approved by a special committee of Chewy’s board. Check This Out: Magnificent Seven Tech Titans Hit $18.2 Trillion Market Cap: Alphabet, Amazon, Apple, Meta, Tesla Jointly Notch All-Time Highs Chewy shares are up approximately 37% year-to-date. The rally in the pet retailer’s stock accelerated over the summer after meme stock trader Keith Gill , also known as “Roaring Kitty,” announced a stake in the company. Gill sold his entire stake in Chewy a few months later. Chewy shares fell on the news, but the selloff was short-lived. Chewy had been Gill's only other publicly known investment outside of GameStop Corp GME , which has seen increased attention in recent months. GameStop and several other meme stocks popped last week after Gill posted an image of a TIME magazine cover featuring a blank computer screen and a video player paused at the 1:09 mark of a 4:20-long video. Chewy shares traded lower on the post. Chewy reported mixed quarterly financials last week, beating on earnings but missing on revenue. The company guided for fourth-quarter revenue of $3.18 billion to $3.2 billion versus estimates of $3.17 billion. Following the print, Goldman Sachs lifted its price target to $40, RBC Capital raised its target to $42 and JPMorgan maintained an Overweight rating and moved its price target up to $38. CHWY Price Action: Chewy shares were down 2.92% in after-hours, trading at $31.59 at the time of publication Wednesday, according to Benzinga Pro . Photo: Courtesy of Chewy. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.80jili download apk latest version

Hydreight Reports Record Topline1 Revenue of $6.12M in Q3-2024 (YOY Increase of 54%) and ...Baxter International Inc. stock underperforms Wednesday when compared to competitors

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NoneMan City have 'a broken mentality', Rio Ferdinand claims after their defeat by Juventus - as pundit suggests Premier League champions have strayed from 'one of Pep's key things' in their play City lost for the seventh time in their last 10 games on another miserable night There are few signs of Guardiola's side's fortunes improving any time soon LISTEN NOW to It's All Kicking Off! : Why can't Chelsea win the league? They made seven changes and still scored five. Do you think Liverpool could do that? By LEWIS BROWNING Published: 23:17, 11 December 2024 | Updated: 01:08, 12 December 2024 e-mail 2 View comments Rio Ferdinand has claimed that Manchester City have 'a broken mentality' after their dismal run of form continued on Wednesday night. Pep Guardiola 's side face a battle to stay in the Champions League after their latest loss in the competition, going down 2-0 to Juventus in Turin in round six to leave them 22nd in the table. The top 24 teams will go through to the next round - the top eight skipping the play-offs - and City, who won the competition in the 2022-23 season, are not just a point above the elimination places. They will face Paris Saint-Germain away from home next, with the French side occupying the first elimination place, which means all could be on the final game, which City will play at home to Club Brugge at the end of January. But Wednesday's defeat means City have now seven times since their League Cup defeat by Tottenham at the end of October 10 games ago, and there are few signs that their fortunes will turn around any time soon. The reason for that, according to Ferdinand, is mentality. Speaking on TNT Sports, reacting to an honest interview from City's Ilkay Gundogan , the pundit broke down how the mental side of the game could be having such an impact. Pep Guardiola's Manchester City have 'a broken mentality', Rio Ferdinand has claimed City lost for the seventh time in 10 games on Wednesday night, versus Juventus in Europe Ferdinand pointed out that he feels City have strayed from 'one of Pep's things' in their play 'One of the telling things from that interview is it feels like there is a bit of a broken mentality in the group,' he said. 'From being a team built with players who, if they make mistakes, it was quickly forgotten - that is one of Pep's things - they make mistakes now and there is a hangover for the next few phases of play and that's when mistakes happen, you think there will be another one at any point. 'There seems to be a confusion with how to react and what to do. It sounds like they have their fingers on the pulse with what's going on, they are going to know, but getting humans out on the pitch lacking in confidence... they are not used to it, that is the difficult part.' It's been a miserable campaign domestically for the Premier League champions, who are eight points behind leaders Liverpool - who have a game in hand - in the league, out of the League Cup and faltering in Europe. Not all is lost, however, as they still have the FA Cup to play for and could bounce back in the Champions and Premier League. It has been a season of contrast compared to how things have been in previous years, with Guardiola leading the side to European success as well as four Premier League titles in a row. That, though, according to Ferdinand, is exactly why they will be able to put things right sooner rather than later. 'You cant be as successful as they have been and not be able to get this back on track,' he said. 'That can't be right. 'They could not ask for a better game than the derby versus Man United (this weekend). It won't reinstill every bit of confidence, but it will go a huge way to reinvigorating the team. He did, though, suggest that the Premier League champions will get things back on track soon Joleon Lescott claimed that City need to focus on stopping the rot rather than being dominant 'I am backing the mighty reds. But it is a battle of no confidence.' Joleon Lescott, meanwhile, added: 'City aren't going to be this bad for the rest of the season and Pep's tenure. It is not trying to flip it on its head and be great again, but stop the rot.' Pep Guardiola Ilkay Gundogan Rio Ferdinand Share or comment on this article: Man City have 'a broken mentality', Rio Ferdinand claims after their defeat by Juventus - as pundit suggests Premier League champions have strayed from 'one of Pep's key things' in their play e-mail Add commentThe far-right Alternative for Germany (AfD) on Saturday nominated co-leader Alice Weidel as its first chancellor candidate in the party's 11-year history, setting out its bid for power ahead of a snap election due in February. The party is not likely to form part of a governing coalition any time soon because other parties have ruled out working with it, despite ranking second in opinion polls behind the main opposition conservatives. But a string of state electoral successes by the AfD are increasing pressure on the conservatives in particular to drop their firewall to the party and consider a right-wing coalition, especially given the weakness of their erstwhile traditional partner, the neoliberal Free Democrats (FDP). "We are the second-strongest force in the nationwide polls and from this we derive our claim to govern, because we want to do better, we want to bring Germany forward again, we want to be at the top of the world again," Weidel told reporters in Berlin from a stage adorned with two large German flags. "Voters clearly want a coalition of conservatives and the AfD," she said. Far-right parties have gained traction across Europe in recent years, also coming to power in Italy, Sweden, the Netherlands and Finland. Nominating a candidate could allow the AfD to boost its media presence by participating in campaign debates, said Hans Vorlaender, political scientist at Dresden's Technical University. Long dismissed as a protest party, the AfD is also seeking to establish itself more as a "normal party", said Stefan Marschall, political scientist at the University of Duesseldorf. Weidel, 45, who has co-led the party since 2022, is an unlikely public face for a male-dominated, anti-immigration party that depicts itself as a defender of traditional family values and ordinary German working people. She is raising two sons with a Sri Lankan-born, Swiss woman and speaks fluent Mandarin, having done her PhD in economics in China. Before entering politics, she worked for Goldman Sachs and Allianz Global Investors and as a freelance business consultant. Weidel's unusual profile, however, is precisely what makes her an asset to the AfD, according to political analysts who say she could have greater appeal among more moderate Germans who would normally shun a far-right party. In recent years the AfD has tapped into voter worries about high levels of immigration, a possible escalation of the Ukraine war and the crisis of Germany's economic model as well as frustration with infighting in the ruling coalition, which fell apart last month. "Germany is in one of the worst crises of its history," said Weidel, promising a turnaround with the AfD. The party wants to sharply curb immigration, particularly from Muslim countries, turn nuclear power plants back on, exit the European Union - unless it carries out major reforms - and end arms deliveries to Ukraine. Despite being suspected by authorities of pursuing anti-democratic goals, the AfD has earned credibility with some voters for openly addressing hot-button topics before mainstream parties did. The party came first in two state elections in September, despite mass anti-AfD protests and a string of scandals which included a senior figure declaring that the SS, the Nazis' main paramilitary force, were "not all criminals". A survey by pollster Wahlen published on Friday put the AfD on 17%, behind the conservatives on 33%, but ahead of the SPD on 15% and the Greens on 14%. The conservatives, the SPD and Greens all have chancellor candidates. AfD membership has swelled by 50% to about 50,600 over the past year, the party's spokesperson said, though that number represents a fraction (some 14%) of the membership of Germany's biggest parties, the CDU/CSU conservative bloc and the SPD.

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Michigan hopes it has found a long-term solution to the quarterback woes that have plagued the Wolverines in 2024. The school got a . The Michigan native is the No. 2 player in the country, according to Rivals, and had previously been committed to LSU. If Underwood signs with Michigan in December’s early signing period or the normal signing period in 2025, he’ll be the school’s highest-ranked recruit since Rashan Gary committed to the Wolverines in 2016. Underwood would also be the first Rivals five-star to sign with the Wolverines since DB Will Johnson in 2022. Johnson has become one of the best defensive backs in college football and is a likely first-round pick in the 2025 NFL Draft. The verbal commitment from Underwood comes on the same day that Colorado landed . He's the No. 6 player in the country and had recently de-committed from USC. Underwood plays for Belleville High School, the same school that currently employs disgraced ex-Michigan staffer Connor Stalions. Stalions has been serving as an assistant for the school after his alleged advance scouting scheme was the storyline of the 2023 college football season. It's the second high school job for Stalions this season. He started the season at Detroit Mumford. The connection with Stalions aside and any role the former staffer may or may not have played in Underwood's recruitment, it's hard to overstate the significance of Underwood's flip for Michigan. The Wolverines have missed out on high-profile in-state QBs in recent years and drastically need a solid quarterback to overhaul the offense under first-year head coach Sherrone Moore. The coach was understandably excited about the news on social media. YES SIR ! 🔵 The Best players in Michigan go to Michigan ! — Sherrone Moore (@Coach_SMoore) Michigan is just 5-5 with two games to go in the regular season thanks largely to porous QB play. Three different players have started at QB for Michigan this season and they’ve combined to complete less than 60% of their passes and throw nine TDs and nine interceptions. Overall, Michigan QBs are averaging just six yards per passing attempt. If Underwood signs in December, he'll have the opportunity to enroll early at Michigan and participate in spring practices. The only player ranked ahead of Underwood in Rivals' rankings is QB Tavien St. Clair. He has been verbally committed to Michigan's archrival Ohio State since June of 2023. The Buckeyes added two top quarterbacks in the class of 2024 in Air Noland and Julian Sayin. After Underwood's commitment, Michigan's 19-person classNoneTexas A&M-CC takes down Prairie View A&M 109-74

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LANSING, Mich. -- Michigan's elections board voted unanimously Friday to certify the results of the 2024 election , a stark difference from 2020 when Republican allies of Donald Trump sought to delay certification in an effort to cast doubt on the election. The Michigan Board of State Canvassers voted 4-0 to certify the election results. The panel consisting of two Democratic and two Republican members also voted to thank and commend the state Bureau of Elections and election administrators throughout the state for a well-run election. “Just a note of thanks, publicly, to the team at Bureau of Elections and to all the folks downstate for a fabulous election,” Republican member Richard Houskamp said before the board voted to certify the results. Four years ago, Trump and his supporters pressured election officials in the state’s largest county and on the state board to not certify the results of the 2020 election as part of his targeted efforts to overturn the election. Trump personally pressured two Republican officials on the Wayne County Board of Canvassers that year to oppose certification. The county is home to Detroit, a stronghold of Democratic voters in the battleground state. The state board of canvassers eventually voted to certify the 2020 election with one Republican board member abstaining at the time.

Uber Technologies Inc. stock falls Wednesday, underperforms marketAdobe Stock Drops On Disappointing 2025 Outlook

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