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CHICAGO--(BUSINESS WIRE)--Dec 2, 2024-- Accel Entertainment, Inc. (NYSE: ACEL) and Fairmount Holdings, Inc. today announced the successful closure of their transaction where Accel has acquired the owner of the FanDuel Sportsbook & Racetrack, for total consideration of approximately 3.45 million shares of Accel Class A-1 common stock. The strategic transaction adds a promising single site racetrack and future casino to extend Accel’s convenience gaming expertise to a larger and more concentrated form factor – an adjacency in locals gaming that is complementary to Accel’s steadily growing, route-based footprint. During the year ended December 31, 2023, Fairmount generated $29 million of revenue and modest Adjusted EBITDA from the site’s existing sportsbook, racetrack and 3 OTB locations. Accel plans to invest $85-95 million to fund Phase I and then Phase II casino construction and modest track investments. Accel’s five-year forecast suggests an Adjusted EBITDA potential of $20 to $25 million and over 75% free cash flow conversion – pointing to a compelling cash flow return on capital. The asset will be the cornerstone in a local gaming platform that builds on Accel’s capabilities and strengths as a leading route-based operator. “We are excited to close the acquisition of Fairmount and eager to refresh and revitalize an iconic racing and gaming asset. Our plan and timeline are ambitious and achievable, and we look forward to welcoming investors and visitors to our Phase I casino opening in Q2, 2025,” said Andy Rubenstein, Accel co-founder, President, CEO and Director. Mark, Phelan, Accel’s President of U.S. Gaming added “Over the past few months, our team has been hard at work. We’ve hired a Casino General Manager, received approvals from both the Illinois Gaming Board and Illinois Racing Board and finalized design and development plans for the first phase of the casino.” Compelling Strategic Rationale Natural Adjacency Accel’s organic and tuck-in M&A growth model has been proven over 14 years, scaling route-based gaming in Illinois, Louisiana, Montana, Nevada, Nebraska and Georgia Accel has built a deep expertise in player experience, commercial partnerships, regulatory relationships and procurement The acquisition of the FanDuel Sportsbook and Racetrack extends route-based capabilities to a convenient single site for locals The casino Accel’s developing targets consumer segments adjacent to route-based gaming, owns the relationship with the player and leverages partner expertise in real estate development, food and beverage, and hospitality Attractive Return Profile The transaction has two parts – acquisition of Fairmount, the holder of the license and underlying site assets, for approximately 3.45 million shares of Accel Class A-1 common stock, and $85-95 million of expected casino build out and track investments funded from Accel’s revolver Projections of five-year adjusted EBITDA and robust free cash flow conversion point to an attractive return on capital – in-line with existing Accel’s route-based footprint Platform for Future Growth This transaction accesses a ‘locals gaming’ total addressable market (“TAM”) estimated by Eilers & Krejcik to be ~$15 billion in size Locals gaming assets remain largely unconsolidated, under family or small business ownership and far less often contested by larger gaming players The transaction has been approved by Accel’s Board of Directors, the Board of Directors and shareholders of Fairmount Holdings. Wells Fargo acted as exclusive financial advisor and Lewis Rice LLC acted as legal counsel to Fairmount Holdings in connection with the transaction. About Accel Accel is a leading distributed gaming operator in the United States and a preferred partner for local business owners in the markets it serves. Accel offers turnkey full-service gaming solutions to authorized non-casino locations such as bars, restaurants, convenience stores, truck stops, and fraternal and veteran establishments across the country. Accel installs, maintains, operates and services gaming terminals and related equipment for its location partners as well as redemption devices, stand-alone ATMs and amusement devices, including jukeboxes, dartboards, pool tables, and other entertainment related equipment. Accel also designs and manufactures gaming terminals and related equipment. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, contained in this press release are forward-looking statements, including, but not limited to, any statements regarding the proposed acquisition, including statements regarding the anticipated benefits of the acquisition, investment and expansion plans, projected future results and market opportunities, as well as our estimates of number of gaming terminals, locations, revenues, Adjusted EBITDA and capital expenditures, our ability to generate returns on capital and improve our trading multiple. The words “predict,” “estimated,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “may,” “plans,” “projects,” “will,” “would,” “continue,” and similar expressions or the negatives thereof are intended to identify forward-looking statements. These forward-looking statements represent our current reasonable expectations, as well as assumptions made by, and information currently available to, Accel regarding Fairmount, the acquisition or its anticipated effects or benefits, and involve known and unknown risks, uncertainties and other factors that may cause our or Fairmount’s actual results, performance and achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. We cannot guarantee the accuracy of the forward-looking statements, and you should be aware that results and events could differ materially and adversely from those contained in the forward-looking statements due to a number of factors including, but not limited to: Accel’s ability to integrate Fairmount’s operations with Accel’s own, to complete the casino development on a timely basis and within budget, and to operate the race track and casino businesses successfully; Accel’s ability to operate in existing markets or expand into new jurisdictions; Accel’s ability to offer new and innovative products and services that fulfill the needs of location partners and create strong and sustained player appeal; Accel’s dependence on relationships with key manufacturers, developers and third parties to obtain gaming terminals, amusement machines, and related supplies, programs, and technologies for its business on acceptable terms; the negative impact on Accel’s future results of operations by the slow growth in demand for gaming terminals and by the slow growth of new gaming jurisdictions; Accel’s heavy dependency on its ability to win, maintain and renew contracts with location partners; unfavorable macroeconomic conditions or decreased discretionary spending due to other factors such as interest rate volatility, persistent inflation, actual or perceived instability in the U.S. and global banking systems, high fuel rates, recessions, epidemics or other public health issues, terrorist activity or threat thereof, civil unrest or other macroeconomic or political uncertainties, that could adversely affect Accel’s business, results of operations, cash flows and financial conditions, Accel’s ability to integrate, develop and operate FanDuel Sportsbook & Racetrack and other risks and uncertainties indicated from time to time in documents filed or to be filed with the Securities and Exchange Commission (“SEC”). Accordingly, forward-looking statements, including any projections or analysis, should not be viewed as factual and should not be relied upon as an accurate prediction of future results. The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on Accel. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control), or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in the section entitled “Risk Factors” in the Annual Report on Form 10-K for the fiscal year ended December 31,2023 filed by Accel with the SEC on February 28, 2024 (the "Form 10-K"), as well as Accel’s other filings with the SEC. Except as required by law, we do not undertake publicly to update or revise these statements, even if experience or future changes make it clear that any projected results expressed in this or other press releases or future quarterly reports, or company statements will not be realized. In addition, the inclusion of any statement in this press release does not constitute an admission by us that the events or circumstances described in such statement are material. We qualify all of our forward-looking statements by these cautionary statements. In addition, the industry in which we operate is subject to a high degree of uncertainty and risk due to a variety of factors including those described in the section entitled “Risk Factors” in the Form 10-K, as well as Accel’s other filings with the SEC. These and other factors could cause our results to differ materially from those expressed in this press release. Non-GAAP Financial Information This press release includes certain financial information not prepared in accordance with Generally Accepted Accounting Principles in the United States (“GAAP”), including Adjusted EBITDA, Free Cash Flow, and Net Debt. EBITDA, Free Cash Flow and Net Debt are non-GAAP financial measures and are key metrics used to monitor ongoing core operations. Management of Accel believes such non-GAAP financial measures enhance the understanding of Accel’s underlying drivers of profitability and trends in Accel’s business and facilitates company-to-company and period-to-period comparisons, because these non-GAAP financial measures exclude the effects of certain non-cash items, represents certain nonrecurring items that are unrelated to core performance, or excludes non-core operations. Management of Accel also believes that these non-GAAP financial measures are used by investors, analysts and other interested parties as measures of financial performance. View source version on businesswire.com : https://www.businesswire.com/news/home/20241202466306/en/ CONTACT: Investors Mathew Ellis Chief Financial Officer Accel Entertainment, Inc. 630-972-2235ir@accelentertainment.comMedia Eric Bonach H/Advisors Abernathy 212-371-5999eric.bonach@h-advisors.global KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS INDUSTRY KEYWORD: CASINO/GAMING GENERAL ENTERTAINMENT ENTERTAINMENT MOBILE ENTERTAINMENT SOURCE: Accel Entertainment, Inc. Copyright Business Wire 2024. PUB: 12/02/2024 04:30 PM/DISC: 12/02/2024 04:32 PM http://www.businesswire.com/news/home/20241202466306/en
The Denver Broncos outlasted the Cleveland Browns in a high-scoring affair to conclude Week 13. With Bo Nix and Jameis Winston under center, both sides traded blows and picks en route to a 41-32 result for the Broncos on Monday Night Football . The result moved Denver to 8-5 as it continues to poise an intriguing playoff push in the AFC, while the Browns dipped to 3-9 as draft positioning becomes more important at this stage. Let's analyze the game further with winners and losers: WINNER: Bo Nix, Broncos Nix was far from perfect in his Monday night debut, but he continued to propel toward the Offensive Rookie of the Year award. The Oregon product completed 18 of 35 passes against a tricky Cleveland defense for 294 yards, one touchdown and two picks, one of which was tipped. Ninety-three of those yards came on one play, when Nix threw a dot to young wideout Marvin Mims Jr. LOSER: Jameis Winston, Browns It's not surprising that a quarterback who once threw 30 touchdowns and 30 picks in a season continues to oscillate with his form. Winston ended the game with 34 of 58 completions for 497 yards, four touchdowns and three picks, two of which came late and sealed the deal. The first and second were returned for pick-sixes, while the latter ended Cleveland's slim odds of coming back late down by nine points. WINNER: Jerry Jeudy, Browns Jeudy got revenge on an individual level against the team that drafted him. Despite the Browns' loss, Jeudy enjoyed a career and historic night. He caught nine passes on 13 targets for 235 yards and a touchdown that went for 70 yards. His performance marked the most receiving yards recorded by a wideout facing his former team. LOSER: Nick Chubb, Browns Chubb continues to look like a shell of himself after returning from season-ending injuries in 2023. The Browns couldn't generate a consistent running game, as seen by Winston's 58 pass attempts. The 28-year-old Chubb logged just 21 rushing yards on nine carries, with a long of 10. Jerome Ford led the team with 41 on nine carries, with a 21-yarder helping carry the total. WINNER: Pick-sixes As aforementioned, interceptions were common in the Nix-Winston battle. While the Browns couldn't return any of Nix's two picks deep, the Broncos enjoyed punishing Winston's miscues. Nik Bonitto took one 71 yards to the house just before halftime, while Ja'Quan McMillian went 44 yards to the end zone to prevent Cleveland from retaking a late lead. Cody Barton then sealed the game by picking off Winston deeper in Broncos territory. He could've gone down faster for the offense to kneel out the game, but returned it for 56 yards as he looked to join in on the fun. Denver will seek its ninth win after its Week 14 bye when it hosts the Indianapolis Colts in Week 15.Entergy Corp. stock underperforms Monday when compared to competitors
Article content The métro will run on extended hours on New Year’s Eve, the city’s transit agency has announced . The Green, Orange and Yellow Lines will run two hours later than usual on the night of Dec. 31 to Jan. 1 so partygoers can take transit to get to and from their celebrations and not have to worry about leaving early. The last trains on all three lines will be timed so they arrive, depart or pass through the Berri-UQAM station at 3 a.m. Normally the last trains pass at 1 a.m., or 1:30 a.m. on Saturday nights. The Blue Line will run on its normal hours for the night. Full information on closing times are on the STM’s New Year’s site, www.stm.info/en/NewYears . The STM’s night buses will also run according to their regular schedule. As part of a new holiday tradition, the STM is swapping the names of six of the stations along its network. From Dec. 2-9 métro users are invited to follow the transit agency’s social media accounts for clues to find the holiday-themed stations, which will give them a chance to win a map of the STM’s holiday-inspired métro map. La STM déploie également une initiative inusitée dans le métro en renommant temporairement six stations pour des alternatives évoquant les Fêtes! Jusqu'au 9 décembre, parcourez le réseau et restez à l'affût des bandeaux de quai! 🎄 pic.twitter.com/EVlwXvaL4P
The world really needs a techno-realist manifestoEastern Co CFO Nicholas Vlahos buys $14,463 in stock
Kathmandu, Nov 23: The Group of the Least Developed Countries (LDCs), including Nepal have expressed reservation over the draft of climate finance provisions unveiled in the New Collective Quantified Goal (NCQG). The dissatisfaction has been articulated noting the draft unveiled in the 29th Conference of Parties to the United Nations Framework Convention on Climate Change (UNFCCC) underway in Baku, the capital city of Azerbaijan, did not explicitly manifest the agendas such as increasing the volume of climate finance. Though COP29 was scheduled to conclude on Friday itself, lobbying from the LDCs was still going on today since all the points of their 'agenda' have yet to be agreed upon. The Group of LDCs, G77 and China are currently pressing on rich and developed countries to implement the NCQG agenda. Chief of the Climate Management Division under the Ministry of Forest and Environment, Dr Sindhu Prasad Dhungana, who is attending the climate summit in Baku, said that some of the points unveiled regarding the NCQG were not clear. "There has been a demand from the LDCs and other Groups that the rich and developing countries should increase the size of climate finance to 250 billion annually after 2026. But, the draft of the NCQG has mentioned the timeline up to 2035. Is it going to increase after 2034? The draft does not say clearly stipulate how much money will be raised", he commented. Advocacy is constantly going on in the COP pilling pressure on the developed countries to expand the size of climate finance, Dhungana said, adding some positive results are expected by tonight. Dhungana shared that inclusion of NCQG in the COP agenda, especially mountain-based work, and the global stock-take process of reviewing efforts made to prevent climate change around the world in line with the Paris Agreement are some positive aspects of the COP29. In a press release, LDCs Group Chair Evans Njewa stated that financial support was not at the level of necessary ambition. "This undermines the current commitment of developed nations and does not reflect the ambition needed for global climate actions. Our group is disappointed to see that the draft does not reflect our hard work of three years". He went on saying that it does not take into account the issues of the most vulnerable countries, especially least developed countries (LDCs) and small island developing countries (LIDS). The proposed climate finance volume is far below the requirement and does not ensure minimum funding for the LDC, and the draft does not include new targets to address climate-related damage and damage, the LDC said.(RSS)Israeli hospital says Netanyahu has undergone successful prostate surgerySeahawks have taken a bumpy path to first place in the NFC WestLeaders of political parties and citizens from various walks of life paid rich tributes to former Prime Minister Manmohan Singh, who passed away in New Delhi on December 26. Minister for Home Affairs V. Anitha garlanded a portrait of Dr. Singh at the mega job mela organised at Payakaraopeta in Anakapalli district on Saturday (December 28). She conveyed her condolences to the bereaved family members of Dr. Singh. The participants observed a two-minute silence as a mark of respect to the former Prime Minister. Leader of the Opposition in the A.P. Legislative Council Botcha Satyanarayana, YSRCP district president Gudivada Amarnath and other YSRCP leaders garlanded a portrait of Dr. Singh at a condolence meeting held at the YSRCP office on Saturday. Mr. Satyanarayana said the nation lost a great leader, who placed India on the path of progress. The ‘Food For Work’ scheme initiated by Dr. Singh helped the poor make a living. Mr. Amarnath recalled Dr. Singh’s contribution to the expansion of Visakhapatnam Steel Plant (VSP) and the protection of other public sector undertakings in Visakhapatnam such as Hindustan Shipyard Limited and Bharat Heavy Plate and Vessel through their merger with the defence sector and with Bharat Heavy Electricals Limited respectively. Former MP B. Jhansi said the economic reforms introduced by Dr. Singh will help future generations reap the benefit. Noted physician Kutikuppala Surya Rao, in a statement, described Dr. Singh as a great intellectual and economist. Dr. Surya Rao said it was his fortune that he received the Padma Shri in presence of Dr. Singh. He said he had an opportunity to interact with Dr. Singh at the High Tea given by the President at the Rashtrapathi Bhavan. K.V. Ramana, principal of Government Institute of Chemical Engineering-Visakhapatnam, said: “It was during Dr. Singh’s tenure that Aadhaar, which gave a unique identity to the common people, was launched. The ‘Food for Work’ scheme and the Right To Information (RTI) Act were brought in during his tenure as Prime Minister.” “I had also participated in the 95 th Indian Science Congress held at Andhra University in January 2008, wherein Dr. Manmohan Singh delivered the keynote address. I had presented a paper and poster in mathematical sciences and got a certificate, which is an unforgettable memory in my academic and professional life,” Mr. Ramana added. Published - December 28, 2024 07:45 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit
QRCS flags off annual meeting for international missions, officesJeff Swensen/Getty Images News U.S. House of Representative member Jared Moskowitz (D-Fla.) disclosed a swath of recent stock purchases, including several from the Magnificent 7, such as Amazon ( NASDAQ: AMZN ), Meta ( NASDAQ: META ), Google ( NASDAQ: GOOG )( NASDAQ: GOOGL ) and Nvidia ( NASDAQ: NVDA ). According to the filing , a Periodic Transaction Report, theAre your smart home cameras spying on you? Study reveals shocking data grabs
CENTENNIAL, Colo.--(BUSINESS WIRE)--Nov 22, 2024-- NUBURU, Inc. (“NUBURU” or the “Company”) (NYSE American: BURU), a leading innovator in high-power and high-brightness industrial blue laser technology, today announced it has received a notice of non-compliance (the “NYSE Notice”) from the staff of the NYSE American Market (the “Exchange”) indicating that the Company has become noncompliant with the continued listing standard set forth in Section 803B(2)(c) of the NYSE American Company Guide (the “Company Guide”), since the Company’s Audit Committee is no longer comprised of at least two independent directors, as a result of the recent resignation of an independent director from the Company’s Board of Directors. The NYSE Notice stated that, pursuant to Section 803B(6)(b) of the Company Guide, the Company has until the earlier of its next annual meeting of stockholders or one year from the occurrence of the event that caused the failure to comply with the audit committee composition requirements to regain compliance with the continued listing standards; provided that, if the annual meeting of stockholders occurs no later than 75 days following the event that caused the failure to comply, the Company will instead have 75 days from such event to regain compliance. As a result, the Company has until January 4, 2025 to regain compliance. The Board is undertaking a process to identify two independent directors to join the Board within the permitted time frame. The NYSE Notice does not have any immediate effect on the listing of the Company’s common stock on the Exchange, which remains trading under the trading symbol “BURU”. There can be no assurance, however, that the Company will be able to regain compliance with the continued listing standard discussed above in the permitted time frame. About NUBURU Founded in 2015, NUBURU, Inc. (NYSEAM: BURU) is a developer and manufacturer of industrial blue lasers that leverage fundamental physics and high-brightness, high-power design to produce higher quality welds and parts at a faster rate than current lasers can produce for laser welding and additive manufacturing of copper, gold, aluminum and other industrially important metals. NUBURU’s industrial blue lasers produce minimal to defect-free welds at a rate that is up to eight times faster than traditional welding methods — all with the flexibility inherent to laser processing. For more information, please visit www.nuburu.net . Forward-Looking Statements This press release contains certain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this press release may be forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “may,” “should,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “plan,” “seek,” “targets,” “projects,” “could,” “would,” “continue,” “forecast” or the negatives of these terms or variations of them or similar expressions. Forward-looking statements in this press release include, among other things, developments with our Board of Directors and our compliance with Exchange listing standards. All forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All forward-looking statements are based upon estimates, forecasts and assumptions that, while considered reasonable by NUBURU and its management, are inherently uncertain and many factors may cause the company’s actual results to differ materially from current expectations which include, but are not limited to: (1) the ability to continue to meet the Exchange’s listing standards; (2) failure to achieve expectations regarding its product development and pipeline; (3) the inability to access sufficient capital to operate as anticipated; (4) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition, the ability of the company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (5) changes in applicable laws or regulations; (6) the possibility that NUBURU may be adversely affected by other economic, business and/or competitive factors; (7) volatility in the financial system and markets caused by geopolitical and economic factors; (8) failing to realize benefits from the partnership with GE Additive; and (9) other risks and uncertainties set forth in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in NUBURU’s most recent periodic report on Form 10-K or Form 10-Q and other documents filed with the Securities and Exchange Commission from time to time. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. NUBURU does not give any assurance that it will achieve its expected results. NUBURU assumes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law. View source version on businesswire.com : https://www.businesswire.com/news/home/20241122726110/en/ CONTACT: Investor Relations: NUBURU, Inc. ir@nuburu.net (720) 767-1400 KEYWORD: COLORADO UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: MACHINE TOOLS, METALWORKING & METALLURGY MINING/MINERALS MANUFACTURING NATURAL RESOURCES MACHINERY STEEL SOURCE: NUBURU, Inc. Copyright Business Wire 2024. PUB: 11/22/2024 06:45 PM/DISC: 11/22/2024 06:47 PM http://www.businesswire.com/news/home/20241122726110/en
How you can giveORLANDO, Fla. — It was a season of Iowa State comebacks. And fittingly, that's how it ended for the Cyclones. Game MVP Rocco Becht scored from a yard out on fourth-and-goal with 56 seconds remaining and No. 18 Iowa State capped the best season in school history by rallying past No. 15 Miami 42-41 in the Pop-Tarts Bowl on Saturday. Becht finished with 270 passing yards and three touchdowns for Iowa State (11-2), a program that entered this season — the 133rd year of Cyclone football — never having won more than nine games in a year. “If you look at this team, it’s really who they’ve been all year,” coach Matt Campbell said. The win marked the fourth time in 2024 that Iowa State got a winning score with less than two minutes remaining. For this one, the Cyclones rallied from a 10-point deficit in the second half — with Miami quarterback Cam Ward watching after a record-setting first half — to get win No. 11. Carson Hansen rushed for a pair of touchdowns for Iowa State. And as the MVP, Becht got the honor of choosing which flavor Pop-Tart was to be sacrificed in a giant toaster. “There's only one,” Becht said. “Cinnamon roll.” Ward passed for three touchdowns in his final college game, while Damien Martinez rushed for a career-high 179 yards for Miami (10-3), which dropped its sixth straight bowl game and lost three of four games to end the season — those three losses by a combined 10 points. "Disappointed that we couldn't pull out a victory," Miami coach Mario Cristobal said. “These guys have always fought and always competed and this was no exception. ... It's painful. It's as painful as it gets when you don't win. But there's a lot to build on.” NEBRASKA 20, BOSTON COLLEGE 15: Dylan Raiola passed for 228 yards and a touchdown as Nebraska built an 18-point lead through three quarters and hung on for its first bowl victory since 2015. Raiola hit Emmett Johnson with a 13-yard TD pass on fourth down with 3:02 remaining in the third quarter for a 20-2 edge and the Cornhuskers (7-6) held on for the win at Yankee Stadium. Raiola completed 23 of 31 passes in front of a sizable Nebraska crowd that celebrated the team's first bowl win since topping UCLA in the 2015 Foster Farms Bowl and first winning season since 2016. Raiola completed passes to 10 receivers, including Jahmal Banks, who finished with four receptions for 79 yards. Grayson James finished 25 of 40 for 296 yards as Boston College (7-6). ARIZONA BOWL MIAMI (OHIO) 43, COLORADO STATE 17: Kevin Davis had a career-high 148 yards rushing and two touchdowns on just nine carries, and Jordan Brunson also ran for two TDs to help Miami (Ohio) wrapped the season at 9-5 by beating Colorado State (8-5) in Tucson, Ariz. Davis scored on a 4-yard run with 12:35 left in the third quarter, Matt Salopek forced a fumble that was recovered by Silas Walters and quarterback Brett Gabbert's first rushing touchdown of the season — a 10-yard scramble that capped a 47-yard drive — made it 22-3 about 2 minutes later. UCONN 27, NORTH CAROLINA 14: Joe Fagnano threw for 151 yards and two touchdowns to help the Huskies (9-4) beat the Tar Heels (6-7) at Fenway Park, embarrassing incoming coach Bill Belichick's new team in his old backyard. Mel Brown rushed for 96 yards for UConn and Skyler Bell caught three passes for 77 yards, including a 38-yard touchdown that gave the Huskies a 10-0 first-quarter lead. Chris Culliver returned the ensuing kickoff 95 yards for a touchdown, but that would be Carolina's only production in the first half. TCU 34, LOUISIANA 3: Josh Hoover passed for four touchdowns as the Horned Frogs (9-4) routed the Ragin' Cajuns (10-4) in Albuquerque. Hoover was 20 for 32 for 252 yards with an interception. Eric McAlister had eight catches for 87 yards and a TD for the Horned Frogs. TCU's defense also had a solid day, holding Louisiana-Lafayette to 209 yards, including 61 on the game's final possession. LATE FRIDAY LAS VEGAS BOWL USC 35, TEXAS A&M 31: Jayden Maiava threw a 7-yard touchdown pass to tight end Kyle Ford with eight seconds left to give Southern California the victory over Texas A&M (8-5) in the Las Vegas Bowl. A graduate of Liberty High School in nearby Henderson and a transfer from UNLV, Maiava helped the Trojans (7-6) overcome a 17-point deficit. Be the first to know Get local news delivered to your inbox!
ORLANDO, Fla. — Rocco Becht scored from a yard out on fourth-and-goal with 56 seconds remaining and No. 18 Iowa State capped the best season in school history by rallying past No. 15 Miami 42-41 in the Pop-Tarts Bowl on Saturday. Becht finished with 270 passing yards and three touchdowns for Iowa State (11-2), a program that entered this season — the 133rd year of Cyclone football — never having won more than nine games in a year. The Cyclones didn't stop at 10 wins, either. They rallied from a 10-point deficit in the second half — with Miami quarterback Cam Ward watching after a record-setting first half — to get win No. 11. Carson Hansen rushed for a pair of touchdowns. Ward passed for three touchdowns in his final college game, while Damien Martinez rushed for a career-high 179 yards for Miami (10-3), which dropped its sixth straight bowl game and lost three of four games to end the season. Martinez and Mark Fletcher Jr. rushed for scores for Miami, which was seeking its first 11-win season since 2003. Elijah Arroyo, Jojo Trader and Jacolby George had TD catches for the Hurricanes. A 15-play, 84-yard drive by Iowa State was what delivered the winning score. The first half was wild. Miami fumbled the ball away on the game's first snap. And the next eight drives all ended with touchdowns, neither team able to stop the other. The teams combined for 625 yards — 358 for Miami, 267 for Iowa State — and 59 points by halftime, which Miami ended holding a 31-28 lead. The only punt was by Iowa State's Tyler Perkins midway through the second quarter; he was cheered when he entered the field during a ping-pong game of a first half, the teams trading touchdowns like nothing. Ward was 12 of 19 passing for 190 yards and three touchdowns in the first half, before Emory Williams took over to start the second half. Fletcher's 1-yard run midway through the third quarter put Miami up 38-28, but the Hurricanes managed only three points on their final three drives. NEBRASKA 20, BOSTON COLLEGE 15: Dylan Raiola passed for 228 yards and a touchdown as Nebraska built an 18-point lead through three quarters and hung on for its first bowl victory since 2015. Raiola hit Emmett Johnson with a 13-yard TD pass on fourth down with 3:02 remaining in the third quarter for a 20-2 edge and the Cornhuskers (7-6) held on for the win at Yankee Stadium. Raiola completed 23 of 31 passes in front of a sizable Nebraska crowd that celebrated the team's first bowl win since topping UCLA in the 2015 Foster Farms Bowl and first winning season since 2016. Raiola completed passes to 10 receivers, including Jahmal Banks, who finished with four receptions for 79 yards. Grayson James finished 25 of 40 for 296 yards as Boston College (7-6). UCONN 27, NORTH CAROLINA 14: Joe Fagnano threw for 151 yards and two touchdowns to help the Huskies (9-4) beat the Tar Heels (6-7) at Fenway Park, embarrassing incoming coach Bill Belichick's new team in his old backyard. Mel Brown rushed for 96 yards for UConn and Skyler Bell caught three passes for 77 yards, including a 38-yard touchdown that gave the Huskies a 10-0 first-quarter lead. Chris Culliver returned the ensuing kickoff 95 yards for a touchdown, but that would be Carolina's only production in the first half. TCU 34, LOUISIANA 3: Josh Hoover passed for four touchdowns as the Horned Frogs (9-4) routed the Ragin' Cajuns (10-4) in Albuquerque. Hoover was 20 for 32 for 252 yards with an interception. Eric McAlister had eight catches for 87 yards and a TD for the Horned Frogs. TCU's defense also had a solid day, holding Louisiana-Lafayette to 209 yards, including 61 on the game's final possession. LATE FRIDAY LAS VEGAS BOWL USC 35, TEXAS A&M 31: Jayden Maiava threw a 7-yard touchdown pass to tight end Kyle Ford with eight seconds left to give Southern California the victory over Texas A&M (8-5) in the Las Vegas Bowl. A graduate of Liberty High School in nearby Henderson and a transfer from UNLV, Maiava helped the Trojans (7-6) overcome a 17-point deficit. Get local news delivered to your inbox!
WILMINGTON, N.C., Dec. 02, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced its participation in the following investor conferences: Scotiabank Second Annual Global Technology Conference Presentation: Tuesday, December 10, at 12:45 p.m. ET Barclays 22 nd Annual Global Technology Conference Presentation: Wednesday, December 11, at 6:05 p.m. ET A live webcast of the Barclays presentation will be available on the Events & Presentations page of the Investor Relations section of the Company website or by clicking here . About nCino nCino (NASDAQ: NCNO) is powering a new era in financial services. The Company was founded to help financial institutions digitize and reengineer business processes to boost efficiencies and create better banking experiences. With over 1,800 customers worldwide - including community banks, credit unions, independent mortgage banks, and the largest financial entities globally - nCino offers a trusted platform of best-in-class, intelligent solutions. By integrating artificial intelligence and actionable insights into its platform, nCino is helping financial institutions consolidate legacy systems to enhance strategic decision-making, improve risk management, and elevate customer satisfaction by cohesively bringing together people, AI and data. For more information, visit www.ncino.com . CONTACTS INVESTOR CONTACT Harrison Masters nCino +1 910.734.7743 Harrison.masters@ncino.com MEDIA CONTACT Natalia Moose nCino natalia.moose@ncino.comThe Israeli government confirmed on Monday that Omer Neutra, a dual U.S.-Israeli citizen, was killed during Hamas' attack on Israel on Oct. 7, 2023. Neutra, 21, was a tank platoon commander in the IDF. He was thought to be alive in captivity. His parents, Ronen and Orna Neutra, spent the last year campaigning for his release and the release of the remaining hostages thought to be held in Gaza. They spoke at the Republican National Convention in July, wrote op-eds, stayed in steady communication with the Biden Administration and the White House, and made regular media appearances, including with Scripps News . The whole time, they sought to pressure U.S. and Israeli leadership to resolve the hostage crisis. RELATED STORY | Families of Gaza hostages bring their message to both the current and upcoming White Houses "In the 423 days since October 7th, we expected our leaders to demonstrate the same courage displayed so bravely by Omer and rise to the occasion on behalf of those who were killed and kidnapped, just as our beloved Omer showed until the very end," Ronen and Orna Neutra wrote in a statement released Monday. "Leadership will only be revealed in actions and results going forward. We call upon the Israeli government to work with President Biden and President-elect Trump, to use all of their leverage and resources to return all 101 hostages — living and the deceased — to their families as soon as possible." A propaganda video released by Hamas Saturday showed Edan Alexander, an Israeli-American held hostage who was also captured while serving in the IDF. In the video, Alexander calls on Trump to keep negotiating for the freedom of the hostages remaining in Gaza. Trump on Monday demanded release of the remaining hostages, writing on Truth Social: "Please let this truth serve to represent that if the hostages are not released prior to January 20, 2025, the date that I proudly assume office as President of the United States, there will be all hell to pay in the Middle East, and for those in charge who perpetrated these atrocities against humanity."
EAST RUTHERFORD, N.J. (AP) — The New York Giants have been losing on the field for months, and the sign of another potential loss might have been on the horizon this past weekend. Read this article for free: Already have an account? To continue reading, please subscribe: * EAST RUTHERFORD, N.J. (AP) — The New York Giants have been losing on the field for months, and the sign of another potential loss might have been on the horizon this past weekend. Read unlimited articles for free today: Already have an account? EAST RUTHERFORD, N.J. (AP) — The New York Giants have been losing on the field for months, and the sign of another potential loss might have been on the horizon this past weekend. A small plane circled MetLife Stadium roughly 90 minutes before the New Orleans Saints beat the Giants 14-11 on Sunday, urging co-owner John Mara to overhaul a team that has made the playoffs twice since winning the Super Bowl in February 2012. “Mr. Mara, enough. Please fix this dumpster fire!” read the message on a banner towed by the plane. While Mara declined to comment on the aerial message, its content was clear. Someone — probably a disgruntled fan — was sick of seeing the Giants (2-11) lose week after week. Their skid now is at eight games, one shy of the team record. Having one fan and probably scores or more upset has to be a concern for Mara and co-owner Steve Tisch. No owner wants his fan base unhappy, and it’s not just about this season. Seven of the last eight seasons have ended with losing records, including the 2019 season, which featured a franchise record-tying nine straight losses. There have been two other nine-game skids, the first in 1976 and the second in 2003-04. Mara and Tisch need to make changes, but what should they do? The knee-jerk reaction would be to fire coach Brian Daboll and general manager Joe Schoen, who came in together in 2022 and led New York to the playoffs with a 9-7-1 record. That season began with seven wins in nine games. Since then, the Giants have posted an 11-28-1 record. The late Robert E. Mulcahy, the former head of the New Jersey Sports and Exposition Authority and later the athletic director at Rutgers, once said that the hardest decision he had to make was to keep Greg Schiano as the Scarlet Knights’ coach after posting a 12-34 record in his first four seasons. Everyone wanted him fired. Mulcahy felt he had the right guy and held pat. It worked out. Mara and Tisch face a similar decision with the guys they brought in from Buffalo. If they feel Schoen and Daboll will turn around the Giants, they should stick with them. If not, change things. What they can’t do is let an emotional fan base make the decision for them. What’s working The new defensive line. Pro Bowler Dexter Lawrence and D.J Davidson went on injured reserve last week and fellow defensive tackle Rakeem Nunez-Roches was out with neck and shoulder injuries. That left backups Elijah Chatman and Jordon Riley, newcomer Corey Durdon, and Elijah Garcia and Casey Rogers — who were signed off the practice squad to the active roster — to handle Alvin Kamara and the Saints. New Orleans was limited to 92 yards rushing. Giants opponents had been averaging almost 146 yards. What needs help The Giants remain the NFL’s lowest-scoring team. They have hit the 20-point mark four times in 13 games. They have scored 18 points or fewer nine times and were held to single digits in four games. After taking over the play-calling from Mike Kafka this season, maybe Daboll should give quarterbacks coach Shea Tierney an opportunity to call plays. It couldn’t hurt. Stock up Micah McFadden. With fellow inside linebacker Bobby Okereke out with a back issue, McFadden had a team-high 11 tackles, including five for losses. Rookie Darius Muasau, who replaced Okereke, had eight tackles. Stock down The offensive line, which was without left tackle Jermaine Eluemunor for the second straight week and saw left guard Jon Runyan (ankle) and center John Michael Schmitz (neck) leave in the second half. The Saints pounded Drew Lock, recording two sacks and 13 quarterback hits. The Giants rushed for 112 yards, but most of that was Lock scrambling for 59 yards to avoid more hits. Injuries In addition to Runyan and Schmitz, safety Tyler Nubin (ankle) and cornerback Tre Hawkins, who was hurt after making a tackle, left the game. Lock was banged up and needed postgame X-rays and an MRI on Monday. Daboll said Lock will start this weekend if healthy. Key number Winnipeg Jets Game Days On Winnipeg Jets game days, hockey writers Mike McIntyre and Ken Wiebe send news, notes and quotes from the morning skate, as well as injury updates and lineup decisions. Arrives a few hours prior to puck drop. 9 — The Giants are one loss away from matching their franchise-worst skid. Next steps To end the losing streak and win for the first time in eight games at MetLife Stadium this season, the Giants have to beat Lamar Jackson and the Baltimore Ravens (8-5) on Sunday. ___ AP NFL: https://apnews.com/hub/nfl Advertisement AdvertisementChina on Monday launched an investigation into US chip giant Nvidia for allegedly violating its anti-monopoly laws, a top government agency said, as the two countries race for global chipmaking dominance. Beijing's state administration for market regulation, the authority on antitrust issues, launched the probe "in accordance with the law," according to a statement shared online. Nvidia is also suspected of violating commitments it made in 2020, the statement said, when it acquired Israeli data center firm Mellanox. After Beijing announced the probe, shares in Nvidia dropped 2.6 percent by Wall Street's close on Monday, precipitating a US stocks retreat. "We are happy to answer any questions regulators may have about our business," an Nvidia spokesman said in a statement. Nvidia succeeds "on merit... and customers can choose whatever solution is best for them," the California-based company added. China and the United States have in recent weeks clashed over exports of key chipmaking technology, where Nvidia is a major player. Beijing last week said it would restrict exports to the United States of some components critical to making semiconductors, after Washington announced curbs targeting China's ability to make advanced chips. Among the materials banned from export are the metals gallium, antimony and germanium, China's commerce ministry said in a statement that cited "national security" concerns. In its own latest curbs, Washington has announced restrictions on sales to 140 companies, including Chinese chip firms Piotech and SiCarrier, without additional permission. The move expands Washington's efforts to restrict exports of state-of-the-art chips to China, which can be used in advanced weapons systems and artificial intelligence. The new US rules also include controls on two dozen types of chipmaking equipment and three kinds of software tools for developing or producing semiconductors. The US tech behemoth has seen its profits soar on the back of strong demand for its artificial intelligence technology. In November, Nvidia surpassed Apple to become the highest-valued company in the world as the AI boom continues to excite Wall Street. But the Chinese market has been a rare weak spot. The US government in 2023 restricted Nvidia from selling some of its top AI chips to China, which the United States sees as a strategic competitor in the field of advanced semiconductors. Although Nvidia in November reported record high quarterly revenue, investors were wary of US-China tensions reheating with the return of Donald Trump to the White House. But during an event in Hong Kong last month, Nvidia's Taiwan-born CEO Jensen Huang told reporters "open science and open research in AI is absolutely global" and that "nothing" would stop that. mya/sn/jgc/mlmGiants owners face a decision on how to mollify frustrated fans EAST RUTHERFORD, N.J. (AP) — The New York Giants have been losing on the field for months, and the sign of another potential loss might have been on the horizon this past weekend. Tom Canavan, The Associated Press Dec 9, 2024 1:59 PM Dec 9, 2024 2:05 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message New York Giants wide receiver Darius Slayton (86) sits on the bench after an NFL football game against the New Orleans Saints, Sunday, Dec. 8, 2024, in East Rutherford, N.J. (AP Photo/Adam Hunger) EAST RUTHERFORD, N.J. (AP) — The New York Giants have been losing on the field for months, and the sign of another potential loss might have been on the horizon this past weekend. A small plane circled MetLife Stadium roughly 90 minutes before the New Orleans Saints beat the Giants 14-11 on Sunday, urging co-owner John Mara to overhaul a team that has made the playoffs twice since winning the Super Bowl in February 2012. “Mr. Mara, enough. Please fix this dumpster fire!” read the message on a banner towed by the plane. While Mara declined to comment on the aerial message, its content was clear. Someone — probably a disgruntled fan — was sick of seeing the Giants (2-11) lose week after week. Their skid now is at eight games, one shy of the team record. Having one fan and probably scores or more upset has to be a concern for Mara and co-owner Steve Tisch. No owner wants his fan base unhappy, and it's not just about this season. Seven of the last eight seasons have ended with losing records, including the 2019 season, which featured a franchise record-tying nine straight losses. There have been two other nine-game skids, the first in 1976 and the second in 2003-04. Mara and Tisch need to make changes, but what should they do? The knee-jerk reaction would be to fire coach Brian Daboll and general manager Joe Schoen, who came in together in 2022 and led New York to the playoffs with a 9-7-1 record. That season began with seven wins in nine games. Since then, the Giants have posted an 11-28-1 record. The late Robert E. Mulcahy, the former head of the New Jersey Sports and Exposition Authority and later the athletic director at Rutgers, once said that the hardest decision he had to make was to keep Greg Schiano as the Scarlet Knights' coach after posting a 12-34 record in his first four seasons. Everyone wanted him fired. Mulcahy felt he had the right guy and held pat. It worked out. Mara and Tisch face a similar decision with the guys they brought in from Buffalo. If they feel Schoen and Daboll will turn around the Giants, they should stick with them. If not, change things. What they can't do is let an emotional fan base make the decision for them. What’s working The new defensive line. Pro Bowler Dexter Lawrence and D.J Davidson went on injured reserve last week and fellow defensive tackle Rakeem Nunez-Roches was out with neck and shoulder injuries. That left backups Elijah Chatman and Jordon Riley, newcomer Corey Durdon, and Elijah Garcia and Casey Rogers — who were signed off the practice squad to the active roster — to handle Alvin Kamara and the Saints. New Orleans was limited to 92 yards rushing. Giants opponents had been averaging almost 146 yards. What needs help The Giants remain the NFL's lowest-scoring team. They have hit the 20-point mark four times in 13 games. They have scored 18 points or fewer nine times and were held to single digits in four games. After taking over the play-calling from Mike Kafka this season, maybe Daboll should give quarterbacks coach Shea Tierney an opportunity to call plays. It couldn't hurt. Stock up Micah McFadden. With fellow inside linebacker Bobby Okereke out with a back issue, McFadden had a team-high 11 tackles, including five for losses. Rookie Darius Muasau, who replaced Okereke, had eight tackles. Stock down The offensive line, which was without left tackle Jermaine Eluemunor for the second straight week and saw left guard Jon Runyan (ankle) and center John Michael Schmitz (neck) leave in the second half. The Saints pounded Drew Lock, recording two sacks and 13 quarterback hits. The Giants rushed for 112 yards, but most of that was Lock scrambling for 59 yards to avoid more hits. Injuries In addition to Runyan and Schmitz, safety Tyler Nubin (ankle) and cornerback Tre Hawkins, who was hurt after making a tackle, left the game. Lock was banged up and needed postgame X-rays and an MRI on Monday. Daboll said Lock will start this weekend if healthy. Key number 9 — The Giants are one loss away from matching their franchise-worst skid. Next steps To end the losing streak and win for the first time in eight games at MetLife Stadium this season, the Giants have to beat Lamar Jackson and the Baltimore Ravens (8-5) on Sunday. ___ AP NFL: https://apnews.com/hub/nfl Tom Canavan, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Football (NFL) Bills' letdowns on defense, special teams and clock management in loss to Rams are all too familiar Dec 9, 2024 2:30 PM The Vikings and their in-gear offense will be a tough team to outscore moving forward Dec 9, 2024 2:22 PM Latest loss shows issues go beyond coach as Bears' skid hits 7 in first game under Thomas Brown Dec 9, 2024 2:05 PM
Block, Inc. (SQ) Presents at UBS Global Technology and AI Conference (Transcript)None
ATLANTA — Already reeling from their November defeats, Democrats grappled Monday with President Joe Biden’s pardoning of his son for federal crimes, with some calling the move misguided and unwise after the party spent years slamming Donald Trump as a threat to democracy who disregarded the law. The president pardoned Hunter Biden late Sunday evening, reversing his previous pledges with a grant of clemency that covers more than a decade of any federal crimes his son might have committed. The 82-year-old president said in a statement that his son’s prosecution on charges of tax evasion and falsifying a federal weapons purchase form were politically motivated. “He believes in the justice system, but he also believes that politics infected the process and led to a miscarriage of justice,” White House press secretary Karine Jean-Pierre said Monday. She, along with Biden and other White House officials, insisted for months that Hunter Biden would not get a pardon. That explanation did not satisfy some Democrats, angry that Biden’s reversal could make it harder to take on Trump, who argues that indictments and a conviction against him were a matter of Biden and Democrats turning the justice system against him. “This is a bad precedent that could be abused by later Presidents and will sadly tarnish his reputation,” Colorado Gov. Jared Polis wrote on social media. Rep. Greg Stanton, D-Ariz., posted: “This wasn’t a politically motivated prosecution. Hunter committed felonies and was convicted by a jury of his peers.” Certainly, the president has Democratic defenders who note Trump’s use of presidential power to pardon a slew of his convicted aides, associates and friends, several for activities tied to Trump’s campaign and first administration. “Trump pardoned Roger Stone, Steve Bannon, Michael Flynn and Paul Manafort, as well as his son-in-law’s father, Charles Kushner — who he just appointed US ambassador to France,” prominent Democratic fundraiser Jon Cooper wrote on social media. Democratic National Committee Chairman Jaime Harrison said there “is no standard for Donald Trump, and the highest standard for Democrats and Joe Biden.” Harrison pointed to Trump’s apparent plans to oust FBI Director Christopher Wray and replace him with loyalist Kash Patel and suggested the GOP’s pursuit of Hunter Biden would not have ended without clemency. First lady Jill Biden said Monday from the White House: “Of course I support the pardon of my son.” Get local news delivered to your inbox!