ALPHARETTA, Ga. , Nov. 25, 2024 /PRNewswire/ -- Arclin, a leading material science company, officially launched its new brand on November 12, 2024 . This modern rebranding reflects the company's evolution as a material science provider with a focus on protective and mission-critical products and its expanded presence as a global leader across key market sectors. To better align its brand with its evolving vision, Arclin embarked on a year-long research, strategy, and creative development process. The initial months focused on gathering insights from internal stakeholders, existing customers, and industry experts to identify key strengths, value propositions, and areas for growth. "The research phase was pivotal in helping us sharpen our focus and align internally so that we could better represent our true value and potential to different internal and external audiences," said Mark Glaspey , Arclin's Chief Operating Officer. A key partner in this transformation has been Matchstic, a brand identity firm based in Atlanta, GA. Collaborating closely with the Arclin team, Matchstic helped transform the company's narrative from a chemical and applications company to that of a global leader in formulated technologies that are essential to meeting worldwide demand. As part of its overall rebranding effort, Arclin also worked with Whiteboard, a Chattanooga, TN , based company, to completely overhaul its website onto a more robust, easier-to-navigate platform that more clearly represents the depth and breadth of the company's offerings. Inspired by the Arclin out-of-the-box approach to thinking and innovating, the new brand symbol is a nod to a deconstructed cube. The shape of the panels implies movement and momentum that speaks to the company's continued innovation and commitment to bringing life-changing products to the world. "The selection of a vibrant orange as our primary color represents a bold departure from our previous brand," said Jana Wright , Arclin's Vice President of Brand & Marketing. "This change signals a confident transition, positioning Arclin as a leading material science company. Our new logo reflects our philosophy of technological precision and innovation." The stenciled wordmark visualizes the relationship between the seen and the unseen with intentional gaps inside the letterforms. This idea highlights the seemingly invisible science that is the backbone of Arclin products—technologies that are vital and found in essential protective products across numerous industries, enhancing our lives in ways that many people do not realize. "We've been around for many years, but never have we been able to fully articulate or capture what we do," stated Bradley Bolduc , Arclin's President and Chief Executive Officer. "It's a complex process, producing polymers and materials that touch so many products and areas of life. We've always taken a back seat in that story. But now is the time to change that, highlighting our transformation over the past five years, by making a bold change in how we present ourselves to our employees, customers and industry as a whole." About Arclin Arclin is a leading materials science company and manufacturer of polymer technologies, engineered products and specialized materials for the construction, agriculture, transportation infrastructure, weather & fire protection, pharmaceutical, nutrition, electronics, design, and other industries. Headquartered in Alpharetta, Georgia , Arclin has offices and manufacturing facilities throughout the U.S., Canada , and U.K. and manufactures for customers worldwide. For more information, visit www.arclin.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/arclin-unveils-striking-new-brand-that-stands-out-in-the-material-science-industry-with-exacting-precision-and-a-bold-new-look-302315751.html SOURCE Arclin
Syrians cheer end of 50 years of Assad rule at first Friday prayers since government fellThe AP Top 25 men’s college basketball poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . GEORGE TOWN, Cayman Islands (AP) — Javan Buchanan’s 28 points off of the bench led Boise State to an 83-82 victory against South Dakota State on Monday. Buchanan went 11 of 17 from the field (4 for 8 from 3-point range) for the Broncos (5-1). Alvaro Cardenas Torre added 16 points while going 6 of 13 (3 for 6 from 3-point range) while they also had seven assists. Julian Bowie went 4 of 4 from the field (3 for 3 from 3-point range) to finish with 13 points. Oscar Cluff finished with 19 points and 14 rebounds for the Jackrabbits (5-2). Joe Sayler added 19 points for South Dakota State. Kalen Garry had 13 points and five assists. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
LOS ANGELES (AP) — The leader of a Southern California white supremacist group was sentenced Friday to two years in federal prison for inciting violence at California political rallies in 2017. Robert Paul Rundo, 34, pleaded guilty in September to one count of conspiracy to violate the federal Anti-Riot Act, the U.S. attorney's office in Los Angeles said. “Hate and violence are antithetical to American values and tear at our community. It is therefore critical that we protect the civil and constitutional rights of our community against those who promote divisiveness," U.S. Attorney Martin Estrada said in a statement. Rundo's attorney didn't immediately respond to an email seeking comment. Prosecutors say Rundo co-founded the Rise Above Movement, which they describe as “a combat-ready, militant group of a new nationalist white supremacy and identity movement.” He and two others were accused of planning and engaging in violence at gatherings in Huntington Beach, Berkeley and San Bernardino in 2017. Rundo in 2018 for inciting violence at California protests and at a deadly riot in Charlottesville, Virginia. A federal court dismissed the charges in 2019, but they by a federal appeals court in 2021. Rundo had left the United States after the charges were dismissed and was last year from Romania when they were reinstated.The Gamecocks (5-1) lost for the first time since April 2023, when Caitlin Clark and Iowa beat them in the NCAA Tournament national semifinals. Te-Hina Paopao scored 18 points and Tessa Johnson scored 14 for the Gamecocks, whose road winning streak was third-longest in Division I history. It was the first time UCLA took down a No. 1 team in school history, having been 0-20 in such games. The program's previous best wins were over a couple of No. 2s — Oregon in 2019 and Stanford in 2008. Elina Aarnisalo added 13 points as one of five Bruins in double figures. UCLA (5-0) dominated from start to finish, with the Bruins' suffocating defense preventing the Gamecocks from making any sustained scoring runs. South Carolina: The Gamecocks trailed by double-digits at halftime for the first time since Dec. 21, 2021, against Stanford, according to ESPN. Chloe Kitts, who averages a team-leading 14 points, finished the game with 2 points on 1 of 7 shooting. UCLA: The Bruins led 43-22 at halftime. Eight different players scored and contributed to 11-0 and 7-0 runs in the first and second quarters as they shot 52% from the field. The first quarter set the tone for a game in which the Gamecocks never led. They missed their first nine shots and were 4 of 18 from the floor in the quarter. UCLA ran off 11 straight points to take a 20-10 lead into the second quarter. The Bruins dominated the boards, 41-34, and held the Gamecocks well under their scoring average of 80.2 points. South Carolina travels to Florida to meet Iowa State in the Fort Myers Tipoff on Thanksgiving. UCLA travels to the Rainbow Wahine Showdown in Hawaii to play UT Martin on Friday. Get poll alerts and updates on the AP Top 25 all season. Sign up here. AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketball
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FORT WORTH, Texas (AP) — TCU leading scorer Frankie Collins will miss the rest of the season because of a broken bone in his left foot, the school said Friday. The 6-foot-2 senior guard, in his first season at TCU after spending the past two at Arizona State, is scheduled to have surgery Tuesday in Dallas. Collins leads the Horned Frogs (5-4) with 11.2 points and 4.4 assists per game. He also averages 4.4 rebounds per game. TCU said Collins broke his foot in the first half of its 83-74 loss to Vanderbilt last Sunday. He still played 35 minutes, finishing with six points and seven assists. Collins played 31 games as a freshman for Michigan's NCAA Sweet 16 team in 2021-22 before transferring to Arizona State. He started all 32 games last season for the Sun Devils, averaging 13.6 points, 4.4 rebounds and 3.2 assists per game. He could potentially get another college season through a medical redshirt. Arizona State is in its first Big 12 season. It will host TCU on Feb. 15. AP college basketball: https://apnews.com/hub/college-basketball and https://apnews.com/hub/ap-top-25-college-basketball-poll
A broad stock rally pushed the Dow Jones Industrial Average , S&P 500 and small-cap focused Russell 2000 index to new records on Monday. Investors bet President-elect Donald Trump’s choice for Treasury secretary, Scott Bessent, would help guide the economy without sparking inflation. The blue-chip Dow rose 440.06 points, or 0.99%, to 44,736.57. The broad S&P 500 gained 0.3% to end at 5,987.37. Both hit new all-time highs in the session, while the Dow also notched a fresh record close. The Nasdaq Composite ticked up 0.27%, finishing the day at 19,054.84. Monday brought a broad advance as investors cheered Trump’s decision to nominate Bessent, the founder of Key Square Group. The Russell 2000 jumped 1.47% and surpassed a prior all-time high set in 2021 at session highs. More than 3 out of every 4 S&P 500 stocks traded higher in the session. Investors see Bessent, a hedge fund manager, as someone who will be supportive of the equity market. They believe he may also help mitigate some of Trump’s most extreme protectionist policies, such as his stance on taxing imports. “I would recommend that tariffs be layered in gradually,” Bessent said to CNBC in an interview earlier this month before he was picked. “If you take that price adjustment coupled with all the other disinflationary things President Trump is talking about, we’re going to be at or below the 2% inflation target again.” Treasury yields and the U.S. dollar index pulled back following the Bessent pick late Friday. Indeed, the 10-year Treasury yield dropped more than 14 basis points in Monday’s session. These moves, paired with the day’s equity market gains, show a “textbook” positive reaction to Trump’s decision, according to Quincy Krosby, chief global strategist at LPL Financial. “You can’t ask for a better reception from the market,” Krosby said. “This is the market applauding.” Big technology, on the other hand, was more of a mixed bag. While Amazon and Alphabet closed higher, Nvidia and Netflix dropped. Monday’s action adds to the narrative that last week’s gains have restarted the postelection rally. After surging in the wake of the presidential race’s conclusion, the ascent had taken a breather as worries about rising yields and the potential for inflation from Trump’s policies took hold. U.S. markets are dark Thursday due to the Thanksgiving holiday and close early on Friday, so trading volume is likely to be light this week. During the shortened trading week, the interest rate outlook is likely to be a focus. Investors will monitor the release of October’s personal consumption expenditure price index, the Federal Reserve’s preferred inflation measure, on Wednesday. Minutes from the Fed’s most recent policy meeting are also due out ahead of Thanksgiving.Amid traffic, Utah walked to Leafs' arena pregame
Baker Mayfield mocks Tommy DeVito's celebration as the Bucs embarrass the Giants 30-7SAN JUAN, Puerto Rico (AP) — Amar'e Marshall scored 17 points as Albany beat Puerto Rico-Mayaguez 93-50 on Friday. Marshall also contributed five assists for the Great Danes (4-1). Byron Joshua added 13 points while going 4 of 4 (3 for 3 from 3-point range) while he also had five assists and five steals. Aaron Reddish shot 4 of 7 from the field, including 2 for 3 from 3-point range, and went 2 for 3 from the line to finish with 12 points. Puerto Rico-Mayaguez was led by David Maldonado, who posted 16 points. Jose Alicea scored 10 points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
OMAHA, Neb. (AP) — Investor Warren Buffett renewed his Thanksgiving tradition of giving by handing out more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations Monday, and he offered new details about who will be handing out the rest of his fortune after his death. Buffett has said previously that his three kids will distribute his remaining $147.4 billion fortune in the 10 years after his death, but now he has also designated successors for them because it's possible that Buffett's children could die before giving it all away. He didn't identify the successors, but said his kids all know them and agree they would be good choices. “Father time always wins. But he can be fickle – indeed unfair and even cruel – sometimes ending life at birth or soon thereafter while, at other times, waiting a century or so before paying a visit,” the 94-year-old Buffett said in a letter to his fellow shareholders Monday. “To date, I’ve been very lucky, but, before long, he will get around to me. There is, however, a downside to my good fortune in avoiding his notice. The expected life span of my children has materially diminished since the 2006 pledge. They are now 71, 69 and 66.” Buffett said he still has no interest in creating dynastic wealth in his family — a view shared by his first and current wives. He acknowledged giving Howard, Peter and Susie millions over the years, but he has long said he believes “hugely wealthy parents should leave their children enough so they can do anything but not enough that they can do nothing.” The secret to building up such massive wealth over time has been the power of compounding interest and the steady growth of the Berkshire conglomerate Buffett leads through acquisitions and smart investments like buying billions of dollars of Apple shares as iPhone sales continued to drive growth in that company. Buffett never sold any of his Berkshire stock over the years and also resisted the trappings of wealth and never indulged in much — preferring instead to continue living in the same Omaha home he'd bought decades earlier and drive sensible luxury sedans about 20 blocks to work each day. “As a family, we have had everything we needed or simply liked, but we have not sought enjoyment from the fact that others craved what we had,” he said. If Buffett and his first wife had never given away any of their Berkshire shares, the family's fortune would be worth nearly $364 billion — easily making him the world's richest man — but Buffett said he had no regrets about his giving over the years. The family's giving began in earnest with the distribution of Susan Buffett's $3 billion estate after her death in 2004, but really took off when Warren Buffett announced plans in 2006 to make annual gifts to the foundations run by his kids along with the one he and his wife started, as well as the Bill & Melinda Gates Foundation. Warren Buffett's giving to date has favored the Gates Foundation with $55 billion in stock because his friend Bill Gates already had his foundation set up and could handle huge gifts when Buffett started giving away his fortune. But Buffett has said his kids now have enough experience in philanthropy to handle the task and he plans to cut off his Gates Foundation donations after his death. Buffett always makes his main annual gifts to all five foundations every summer, but for several years now he has been giving additional Berkshire shares to his family's foundations at Thanksgiving. Buffett reiterated Monday his advice to every parent to allow their families to read their will while they are still alive — like he has done — to make sure they have a chance to explain their decisions about how to distribute their belongings and answer their children's questions. Buffett said he and his longtime investing partner Charlie Munger, who died a year ago, “saw many families driven apart after the posthumous dictates of the will left beneficiaries confused and sometimes angry.” Today, Buffett continues to lead Berkshire Hathaway as chairman and CEO and has no plans to retire although he has handed over most of the day-to-day managing duties for the conglomerates dozens of companies to others. That allows him to focus on his favorite activity of deciding where to invest Berkshire's billions . One of Buffett's deputies who oversees all the noninsurance companies now, Greg Abel, is set to take over as CEO after Buffett's death. Even after converting 1,600 Class A shares into 2.4 million Class B Berkshire shares and giving them away, Buffett still owns 206,363 Class A shares and controls more than 30% of the vote.NEW YORK , Nov. 25, 2024 /PRNewswire/ -- Report on how AI is driving market transformation - The healthcare logistics market in canada size is estimated to grow by USD 2.34 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 10.15% during the forecast period. Legislative and regulatory changes supporting pharma growth is driving market growth, with a trend towards advent of pharma 4.0 and logistics 4.0. However, shortage of transportation drivers resulting in higher lead time poses a challenge.Key market players include Air Canada, AmerisourceBergen Corp., Andlauer Healthcare Group Inc., C H Robinson Worldwide Inc., Canada Post Corp., Canadian Healthcare Logistics, Cardinal Health, CEVA Logistics S A, DB Schenker, Deutsche Post AG, FedEx Corp., i2i fulfillment, Kuehne Nagel Management AG, Purolator Inc., Rogue Transportation Services Inc., Ryder System Inc., Skelton Truck Lines Inc., TFI International Inc., United Parcel Service Inc., and Williams Pharmalogistics. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver The Canadian healthcare logistics market is experiencing significant trends in patient epidemiology, storage, procurement, and coordination of healthcare products. The aging population and personalized medicine require increased availability and quality of pharmaceutical products, medical devices, and medical equipment. The market is witnessing in e-commerce, international commerce, and outsourcing operational logistics. Digitalization and digital transformation are crucial for efficient inventory management, reducing costs, and ensuring safety. The warehousing segment is a key investment pocket, with 3PL services offering cost savings through overhead operating costs. Pharmaceutical products, medical devices, and medical equipment categories are major drivers, with expensive healthcare costs leading to increased demand for branded drugs, generic drugs, and new technologies. Raw materials and production facilities are essential for meeting demand, while healthcare facilities and pharmacies rely on just-in-time resupplies of critical medical items like oxygen, platelets, and blood. Healthcare transportation modes include trucks, trains, boats, airplanes, and temperature-controlled trucks, with time-bound deliveries and drones used for critical medical items. The second wave of the pandemic has highlighted the importance of healthcare disparities and the need for cross-border commerce and trade flow to address these issues. The market is characterized by mutual dependence among communities and cultures, with a focus on new technologies and cross-border commerce to improve access to healthcare. The healthcare industry in Canada is embracing Industry 4.0, integrating advanced technologies to revolutionize logistics and patient care. Technologies such as 3D printing, additive manufacturing, the industrial Internet of Things (IIoT), artificial intelligence (AI), and big data analytics are transforming healthcare facilities. These innovations enable real-time monitoring of patients through sensors and IoT, improving treatment efficiency and accuracy. Additionally, AI and machine learning enhance supply chain management, ensuring timely delivery of medical equipment and supplies. The adoption of Industry 4.0 technologies in healthcare logistics contributes to better patient outcomes and operational excellence. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The Canadian healthcare logistics market faces several challenges in patient epidemiology, storage, procurement, coordination, and inventory management of healthcare products, including pharmaceuticals, medical devices, and medical equipment. The aging population and personalized medicine trends increase the demand for branded drugs, health trackers, and generic drugs. Pharmacies and healthcare facilities grapple with expensive healthcare costs and the need for just-in-time resupplies of critical medical items like oxygen, platelets, and blood for nephrological conditions. Logistics involves warehousing, transportation, and order fulfillment, with temperature-controlled trucks and cars essential for pharmaceutical products. The e-commerce sector's growth, international commerce, and digitalization require digital transformation, freight forwarding, and outsourcing operational logistics. New technologies, raw materials production, and healthcare system complexities add to the challenges. The second wave of the pandemic highlights the importance of time-bound deliveries, with drones and temperature-controlled transportation emerging as solutions. The warehousing segment and 3PL services help manage overhead operating costs, while the availability, quality, safety, and costs of healthcare products remain crucial. Healthcare disparities necessitate investment pockets in improving healthcare logistics infrastructure and addressing cross-border commerce complexities. The mutual dependence of communities and cultures necessitates efficient and effective healthcare logistics solutions. The healthcare logistics market in Canada relies heavily on third-party logistics providers for the transportation of medical devices and pharmaceuticals, particularly to remote rural areas. However, the trucking industry is facing a significant shortage of skilled truck drivers, which is projected to worsen, with an estimated 20,000 vacant positions in 2021 and expectations of this number doubling by 2023. This driver shortage could lead to supply chain disruptions in the pharmaceuticals sector, where timely delivery is crucial for medical assistance and potentially saving lives. The shortage has also hindered planned expansions by trucking operators, adding pressure to already strained supply chains. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This healthcare logistics market in Canada report extensively covers market segmentation by 1.1 Non-cold chain 1.2 Cold chain 2.1 Transportation 2.2 Warehousing 3.1 Pharmaceutical products 3.2 Medical devices 4.1 North America 1.1 Non-cold chain- The non-cold chain segment dominates the healthcare logistics market in Canada , accounting for the largest market share in 2023. This segment primarily caters to the transportation and warehousing of medical devices and generic pharmaceutical products. The pharmaceutical industry is a significant contributor to this segment, supplying non-specialized logistics services directly to hospitals, clinics, retail drugstore chains, and medical supplies wholesalers. The growing demand for pharmaceutical products in Canada , coupled with the expanding healthcare infrastructure and the cost-effectiveness of non-cold chain logistics, are key factors driving the growth of this segment and the healthcare logistics market in Canada during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis The Healthcare Logistics Market in Canada is a critical sector that ensures the timely and efficient delivery of essential healthcare products to various healthcare facilities and patients. Patient epidemiology plays a significant role in determining the demand for healthcare products and logistics services. The market encompasses storage solutions for healthcare products, international commerce, e-commerce, and online purchase platforms. Outsourcing operational logistics, including delivery, freight forwarding, packaging, and order fulfillment, is common to streamline processes and reduce costs. The healthcare system relies on various modes of transportation, such as trucks, trains, boats, airplanes, temperature-controlled trucks, cars, and even second wave deliveries, to transport healthcare products. Mode of transportation selection depends on factors like product sensitivity, delivery timelines, and cost-effectiveness. Temperature-controlled trucks are increasingly popular for transporting pharmaceuticals and biological samples. The logistics market in Canada continues to evolve, adapting to changing consumer preferences and technological advancements. Market Research Overview The Healthcare Logistics Market in Canada is a critical sector that ensures the timely and efficient delivery of healthcare products and services to patients. Patient epidemiology plays a significant role in determining the demand for various healthcare products, including Pharmaceutical Products, Medical Devices, and Medical Equipment. The storage, coordination, procurement, and inventory management of these items are essential for maintaining their availability, quality, and safety. The healthcare logistics market in Canada faces challenges such as costs, waste, congestion, and international commerce. The e-commerce sector and digitalization are transforming the industry, with increased outsourcing of operational logistics, delivery, freight forwarding, and order fulfillment. The aging population, personalized medicine, and new technologies are driving the demand for branded drugs, generic drugs, and health trackers. The healthcare logistics market in Canada is mutually dependent on various communities and cultures, with cross-border commerce and trade flow playing a crucial role. The warehousing segment, including 3PL services, is essential for managing overhead operating costs. The production of raw materials in factories and medical facilities requires efficient healthcare transportation using various modes, including temperature-controlled trucks, cars, trains, boats, and airplanes. The second wave of the pandemic has highlighted the importance of time-bound deliveries for critical medical items such as oxygen, platelets, blood, and kidney-related products for nephrological conditions. Healthcare disparities and investment pockets are areas of focus for improving access to affordable healthcare and reducing healthcare costs. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Type Non-cold Chain Cold Chain Service Transportation Warehousing Product Pharmaceutical Products Medical Devices Geography North America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio
ATLANTA--(BUSINESS WIRE)--Nov 21, 2024-- . ( ) ( ), a leader in AI-first supply chain planning software, today reported its second quarter fiscal year 2025 financial results. “Subscription revenues continued to grow, up nine percent year over year in the current quarter, even though we faced a number of headwinds as start dates on a couple of projects pushed out and delayed closing of several late-stage deals in our pipeline,” said Allan Dow, President and CEO of Logility. “While we still expect to secure these opportunities in the current fiscal year, we are revising our revenue guidance to reflect the impact of lower professional services revenue. Our prior guidance for recurring revenue and adjusted EBITDA is unchanged as we remain confident in our ability to grow subscription fees and maintain strong margins.” During Q2’25, the company completed the reclassification (the “Reclassification”) of the Company’s common stock to eliminate its Class B Common Stock. Under the terms of the Reclassification Agreement, each outstanding share of the Company’s Class B Common Stock was exchanged for 1.2 shares of the Company’s Class A Common Stock. In connection with the Reclassification, the Company issued 2,185,904 shares of Class A Common Stock to James C. Edenfield, the beneficial owner of all of the issued and outstanding shares of the Class B Shares (the “Class B Shareholder”), pursuant to that certain Reclassification Agreement, dated April 10, 2024 by and between the Company and the Class B Shareholder. In accordance with ASC 260, Earnings Per Share, net (loss) earnings per share attributable to common stockholders was reduced by the excess of the fair value of the common shares issued over the carrying amount of the Class B shares surrendered which amounted to $3.8 million or $0.11 per share in the current quarter. The overall financial condition of the Company remains strong, with cash and investments of approximately $84.2 million. During the second quarter of fiscal year 2025, the Company paid shareholder dividends of approximately $3.7 million. Key Second Quarter of Fiscal Year 2025 highlights: Conference Call Logility will host a conference call to discuss its second quarter fiscal 2025 results and financial outlook today, November 21, 2024 at 5:00pm ET. Webcast: A replay of the call will also be accessible via the investor relations page of Logility’s website at . Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 550 clients in 80 countries, the company is headquartered in Atlanta, GA. Learn more at . Logility (the “Company”) includes non-GAAP financial measures (EBITDA, adjusted EBITDA, adjusted net earnings and adjusted net earnings per share) in the summary financial information provided with this press release as supplemental information relating to its operating results. This financial information is not in accordance with, or an alternative for, GAAP-compliant financial information and may be different from the operating or non-GAAP financial information used by other companies. The Company believes that this presentation of EBITDA, adjusted EBITDA, adjusted net earnings and adjusted net earnings per share provides useful information to investors regarding certain additional financial and business trends relating to its financial condition and results of operations. EBITDA represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, and income tax expense. Adjusted EBITDA represents GAAP net earnings adjusted for amortization of intangibles, depreciation, interest income & other, net, income tax expense and non-cash stock-based compensation expense. This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results or performance to differ materially from what is anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty and the timing and degree of business recovery; the irregular pattern of the Company’s revenues; dependence on particular market segments or customers; competitive pressures; market acceptance of the Company’s products and services; technological complexity; undetected software errors; potential product liability or warranty claims; risks associated with new product development; the challenges and risks associated with integration of acquired product lines, companies and services; uncertainty about the viability and effectiveness of strategic alliances; the Company’s ability to satisfy in a timely manner all Securities and Exchange Commission (SEC) required filings and the requirements of Section 404 of the Sarbanes-Oxley Act of 2002 and the rules and regulations adopted under that Section; as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company could experience as well as other information, please refer to the Company’s current Form 10-K and other reports and documents subsequently filed with the SEC. Logility® is a registered trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners. $ 14,522 $ 13,358 9 % $ 29,313 $ 27,121 8 % 73 229 (68 %) 314 518 (39 %) 3,617 4,003 (10 %) 7,487 7,689 (3 %) 7,074 8,100 (13 %) 14,364 16,263 (12 %) 25,286 25,690 (2 %) 51,478 51,591 0 % 4,678 4,607 2 % 9,372 8,824 6 % 2 93 (98 %) 46 165 (72 %) 2,717 2,856 (5 %) 5,413 5,916 (9 %) 1,380 1,733 (20 %) 2,670 3,428 (22 %) 8,777 9,289 (6 %) 17,501 18,333 (5 %) 16,509 16,401 1 % 33,977 33,258 2 % 4,347 4,269 2 % 8,711 8,518 2 % 5,085 5,313 (4 %) 10,721 11,044 (3 %) 5,850 5,461 7 % 11,283 10,922 3 % 191 129 48 % 382 153 150 % 15,473 15,172 2 % 31,097 30,637 2 % 1,036 1,229 (16 %) 2,880 2,621 10 % 1,180 (577 ) 2,314 1,310 77 % 2,216 652 240 % 5,194 3,931 32 % 478 31 1442 % 1,403 696 102 % $ 1,738 $ 621 180 % $ 3,791 $ 3,235 17 % $ - $ 1,742 - $ - $ 1,876 (100 %) $ 1,738 $ 2,363 (26 %) $ 3,791 $ 5,111 (26 %) $ (2,018 ) $ 4,105 (149 %) $ 35 $ 6,987 (99 %) $ 0.05 $ 0.02 150 % $ 0.11 $ 0.09 22 % - 0.05 - - 0.05 - (0.11 ) - - (0.11 ) - - $ (0.06 ) $ 0.07 $ - $ 0.14 $ 0.05 $ 0.02 150 % $ 0.11 $ 0.09 22 % - 0.05 - - 0.05 - (0.11 ) - - (0.11 ) - - $ (0.06 ) $ 0.07 $ - $ 0.14 (100 %) 33,555 34,071 33,420 34,113 33,555 34,094 33,420 34,127 $ 1,036 $ 1,229 (16 %) $ 2,880 $ 2,621 10 % Amortization of acquisition-related intangibles 850 795 7 % 1,700 1,028 65 % Stock-based compensation 1,609 1,580 2 % 3,195 3,125 2 % 3,495 3,604 (3 %) 7,775 6,774 15 % 14 % 14 % 15 % 13 % $ 1,738 $ 621 180 % $ 3,791 $ 3,235 17 % Income Tax Expense 478 31 1442 % 1,403 696 102 % Interest Income (Loss) & Other, Net (1,180 ) 577 (305 %) (2,314 ) (1,310 ) 77 % Amortization of intangibles 852 899 (5 %) 1,711 1,270 35 % Depreciation 316 378 (16 %) 644 738 (13 %) 2,204 2,506 (12 %) 5,235 4,629 13 % Stock-based compensation 1,609 1,580 2 % 3,195 3,125 2 % $ 3,813 $ 4,086 (7 %) $ 8,430 $ 7,754 9 % 9 % 10 % 10 % 9 % 15 % 16 % 16 % 15 % $ 1,738 $ 621 180 % $ 3,791 $ 3,235 17 % Amortization of acquisition-related intangibles (4) 719 757 (5 %) 1,423 846 68 % Stock-based compensation (4) 1,362 1,505 (10 %) 2,678 2,572 4 % $ 3,819 $ 2,883 32 % $ 7,892 $ 6,653 19 % $ 0.11 $ 0.08 38 % $ 0.24 $ 0.19 26 % $ 0.05 $ 0.02 150 % $ 0.11 $ 0.09 22 % 0.02 0.02 0 % 0.05 0.02 150 % 0.04 0.04 0 % 0.08 0.08 0 % $ 0.11 $ 0.08 38 % $ 0.24 $ 0.19 26 % $ 659 $ 666 (1 %) $ 1,318 $ 874 51 % 191 129 48 % 382 154 148 % $ 850 $ 795 7 % $ 1,700 $ 1,028 65 % $ 90 $ 83 8 % $ 179 $ 161 11 % 192 166 16 % 374 339 10 % 366 381 (4 %) 682 728 (6 %) 961 950 1 % 1,960 1,897 3 % $ 1,609 $ 1,580 2 % $ 3,195 $ 3,125 2 % 15.4 % 4.7 % 16.3 % 17.7 % 21.0 % 21.1 % 15.4 % 17.2 % 16.3 % 19.0 % $ 44,589 $ 59,512 39,631 24,261 16,296 28,043 789 296 17,085 28,339 6,423 6,584 107,728 118,696 5,190 5,554 - 11 45,782 45,782 8,868 10,567 9,011 7,588 3,924 4,246 $ 180,503 $ 192,444 $ 762 $ 1,248 3,060 2,805 3,705 3,657 3,511 5,012 38,057 47,621 49,095 60,343 1,313 1,620 50,408 61,963 130,095 130,481 $ 180,503 $ 192,444 $ (7,321 ) $ 6,436 - 1,618 (7,321 ) 8,054 (280 ) (490 ) - (25,032 ) (280 ) (25,522 ) - 1,825 (280 ) (23,697 ) (7,322 ) (7,514 ) - 246 - (4,814 ) (7,322 ) (12,082 ) (14,923 ) (27,725 ) 59,512 90,696 $ 44,589 $ 62,971 View source version on : CONTACT: Kevin Liu (626) 424-1535 KEYWORD: GEORGIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE ARTIFICIAL INTELLIGENCE DATA MANAGEMENT TECHNOLOGY SUPPLY CHAIN MANAGEMENT LOGISTICS/SUPPLY CHAIN MANAGEMENT TRANSPORT RETAIL SOURCE: Logility Supply Chain Solutions, Inc. 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Fans Are ‘Heartbroken’ After Longtime ‘General Hospital’ Cast Member Announces Surprising Departure
Man Utd fans notice small Ruben Amorim action 'that only one other manager does'( MENAFN - Gulf Times) Qatar Social Work Foundation (QSWF), which is affiliated with the Ministry of Social Development and Family, and its centres -- Shafallah Center, Aman Center, and Al Noor Center -- participated in the fourth edition of the Global Forum against Racism and Discrimination, held in Barcelona, Spain, in partnership with the Ministry of Foreign Affairs, the European Union, and Unesco. This annual forum serves as an important platform that brings together representatives from governments, municipalities, civil society organizations, and academic circles to discuss prominent issues and exchange the best solutions to strengthen the global movement against racism and discrimination. The fourth edition of the forum focused on key issues, including combating racism, empowering women, and empowering people with disabilities, while enhancing the exchange of experiences between civil society organizations, which contributes to the development of effective policies to combat discrimination at both the local and global levels. The participation of the Qatar Social Work Foundation is part of its commitment to combating discrimination and promoting equality in society, making it a fundamental pillar in supporting the social sector in Qatar. The foundation also seeks to strengthen institutional partnerships with relevant international organizations as part of achieving Qatar National Vision 2030, which aims to build an interconnected society that ensures the well-being of all its members and enhances social solidarity values, with a focus on sustainable human and social development in all areas. MENAFN13122024000067011011ID1108992054 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Cardinals' feel-good month comes to a screeching halt after a head-scratching loss to Seahawks
NEWCASTLE, England (AP) — Newcastle’s winning run in the English Premier League came to an abrupt end when goals from Thomas Souček and Aaron Wan-Bissaka gave West Ham a surprise 2-0 win at St. James’ Park on Monday. The Hammers rose into 14th place and the pressure on coach Julen Lopetegui was eased. The London club has been inconsistent all season and Monday’s win was just its fourth in 12 league games. West Ham was worth the win in the end but the three points came courtesy of slack defending by the home side. Emerson whipped in an out-swinging corner after 10 minutes and, with Newcastle defenders rooted to the spot, Souček stole in to nod home the opener. Then eight minutes into the second half, captain Jarrod Bowen found Wan-Bissaka in the penalty box and he was left unchallenged and had time to fire an angled drive past Nick Pope. Newcastle brought on Harvey Barnes, and then Callum Wilson returned from a long-term back injury to make his first appearance of the season but to no avail. The defeat ended a three-game winning streak for Newcastle and left the Saudi Arabia-owned club in ninth place, four points outside the top four. ___ AP soccer: https://apnews.com/hub/soccer The Associated PressTwo data brokers banned from selling ‘sensitive’ location data by the FTC
Is ‘Glicked’ the new ‘Barbenheimer’? ‘Wicked’ and ‘Gladiator II’ collide in theatersFROM Tencent Holdings to Alibaba Group Holding, China’s tech leaders delivered underwhelming numbers for a quarter beset by economic and geopolitical uncertainty. Whether or not they can win back investors may increasingly hinge on Beijing’s actions. In call after call with investors, China’s Internet pioneers described how the uneven economy was undermining their business and clouding the future. Most offered cautious optimism for how the unprecedented government stimulus unleashed late in the summer would help grease the wheels and pleaded for patience. But the group that once defied Silicon Valley and defined the country’s private economy was short on new ideas and ambitious goals. Just over the past week, the five biggest tech firms erased US$41 billion in market value, while a gauge of sector stocks listed in Hong Kong has fallen into bear market territory. On Friday (Nov 22), a sell-off in Chinese stocks deepened as concerns over Donald Trump’s imminent return mingled with growing frustration over the pace of Beijing’s fiscal stimulus rollout. For investors that were looking to major tech earnings to revive market euphoria, this season now looks like a flop. The business environment “is not only much worse than five years ago, it’s worse than even when China started the Covid Zero policy in 2022”, said Alicia Garcia Herrero, chief Asia-Pacific economist at Natixis. “This sector is obviously supported by China’s industrial policies and intent on winning the tech race with the US, but at the same time, it’s a problematic sector.” PDD Holdings executives boasted about their cheap hairy crabs instead of offering reassurance for disappointing earnings. Tencent went through its usual pitch about building and sustaining “evergreen” games, without promising any imminent new blockbusters. Alibaba executives spent their time justifying elevated spending to ward off intense competition. Even Baidu, the frontrunner in artificial intelligence development, failed to wow with any exciting new projects. “We have not observed a notable improvement in advertisers’ spending patterns, and consumer spending remains subdued,” Baidu’s head of mobile ecosystem Luo Rong told analysts on a call on Thursday, dulling expectations for the current quarter. “Having said that, we are particularly encouraged by the strength and timeliness of recent stimulus policies which continue to be rolled out.” Pressure is building for Beijing to offer further measures, as late September’s market rally on the stimulus campaign fizzles. The parade of ho-hum numbers, vague comments about fiscal policy and warnings contrasted sharply with the pre-Covid era, when Alibaba and Tencent each approached US$1 trillion in market value and analysts talked about the threat they posed to US rivals. Alibaba once fought directly with Amazon.com’s AWS for cloud customers around the world, as it and JD.com talked openly about carving up international markets. Tencent once sketched out ambitions of marrying content with social media and online finance in an unparalleled fintech and Internet empire. That swagger has vanished since Beijing’s 2020 crackdown on a sector it deemed too powerful. Having once commanded enviable growth rates off the back of China’s burgeoning economy, these companies now face prolonged consumer malaise at home, a lack of obvious growth engines and costly ventures to expand overseas. “October retail sales were boosted by earlier Singles’ Day promotions, so it’s not indicative of the real consumption environment – which companies I spoke to are still cautious about,” said Xin-Yao Ng, investment manager for Asian equities at abrdn. “Generally, I hear of a weaker November.” PDD’s US-listed stock plunged 11 per cent after the company gave a downbeat outlook due to intensifying competition in China. The stock, once an investor darling, now trades at 7.7 times forward earnings, about a third of its three-year average. Along with Alibaba, which eked out just 1 per cent growth in domestic commerce, PDD is fighting a defensive action against upstarts like closely held ByteDance. “I don’t think they will drop back to the pre-rally levels in September, more of trading sideways due to a lack of catalysts,” Ng said. There are some bright spots. PDD’s Temu shopping platform has proven to be a hit in the US and other overseas markets. Alibaba’s international e-commerce division delivered strong growth rates for several quarters in a row, prompting the company to unify all online retail operations under the leadership of that division’s chief, Jiang Fan. Meituan – which is next on the slate of companies whose earnings will be studied for signs of domestic consumer appetites – is following the trend and bringing its takeout service to the Middle East. In the realm of games, Tencent and NetEase enjoyed a string of hit releases over the summer that revived domestic sales. Tencent-backed Black Myth: Wukong was an unexpected smash hit on PCs, tapping Chinese history and folklore and potentially opening more opportunities for similarly ambitious titles. But that growth spurt may already be petering out. “The sector is no longer considered as driving structural growth like it once did, which means that it is a lot more cyclical than before,” said Daiwa Capital Markets Hong Kong analyst John Choi. “Policy stimulus will likely play an important role for these companies to see some level of growth acceleration. I am not sure if investors will lose patience, but I do see that the fundamentals are improving going forward.” There remain questions about the full extent and timing of China’s support, which is rolling out in stages, leaving the macroeconomic outlook uncertain. One of the sharper comments this earnings season came from PDD co-chief executive officer Jiazhen Zhao on Thursday. Disillusioned with the competition, the executive appeared to find fault within his own ranks. “Our team of staff is now limited by their past experience and suffers from a lack of certain capabilities,” Zhao told analysts. BLOOMBERG
The rising price of paying the national debt is a risk for Trump's promises on growth and inflation WASHINGTON (AP) — Donald Trump has big plans for the economy. He also has big debt problem that'll be a hurdle to delivering on those plan. Trump has bold ambitions on tax cuts, tariffs and other programs. But high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do. The federal debt stands at roughly $36 trillion, and the spike in inflation after the pandemic has pushed up the government’s borrowing costs such that debt service next year will easily exceed spending on national security. 'Wicked' and 'Gladiator' make gravity-defying theater debuts NEW YORK (AP) — “Wicked” and “Gladiator II” have debuted in theaters with a combined $270 million in ticket sales. Their worldwide performance breathed fresh life into global box office results that have struggled lately. Together the films turned the moviegoing weekend into one of the busiest of the year. Jon M. Chu’s lavish big-budget musical “Wicked,” starring Ariana Grande and Cynthia Erivo, debuted with $114 million domestically and $164.2 million globally. Ridley Scott’s “Gladiator II” is a sequel to his 2000 best picture-winning original and launched with $55.5 million in ticket sales. “Moana 2” is being released Wednesday, so it looks like Hollywood might be looking at historic sales over the Thanksgiving holiday. Trump's Republican Party is increasingly winning union voters. It's a shift seen in his labor pick WASHINGTON (AP) — Working-class voters helped Republicans make steady election gains this year and expanded a coalition that increasingly includes rank-and-file union members. It's a political shift spotlighting one of President-elect Donald Trump’s latest Cabinet picks: a GOP congresswoman, who has drawn labor support, to be his labor secretary. Oregon Rep. Lori Chavez-DeRemer narrowly lost her bid for a second term this month, despite strong backing from union members. They're a key part of the Democratic base but are gravitating in the Trump era toward a Republican Party traditionally allied with business interests. Trump raced to pick many Cabinet posts. He took more time to settle on a treasury secretary WASHINGTON (AP) — President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time settling on billionaire investor Scott Bessent as his choice for treasury secretary. The Republican not only wanted someone who jibes with him, but an official who can execute his economic vision and look straight out of central casting while doing so. With his Yale University education and pedigree trading for Soros Fund Management before establishing his own funds, Bessent will be tasked with a delicate balancing act. Trump expects him to help reset the global trade order, enable trillions of dollars in tax cuts, ensure inflation stays in check, manage a ballooning national debt and still keep the financial markets confident. Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor WASHINGTON (AP) — President-elect Donald Trump has chosen hedge fund manager Scott Bessent, an advocate for deficit reduction, to serve as his next treasury secretary. Bessent, 62, is founder of hedge fund Key Square Capital Management. He previously had worked on and off for Soros Fund Management since 1991. Trump also said he would nominate Russell Vought, 48, to lead the Office of Management and Budget, a position he held during Trump's first term. And Trump chose Rep. Lori Chavez-DeRemer, an Oregon Republican, as his labor secretary, and Scott Turner, a former football player who worked in Trump’s first administration, as his housing secretary. Afraid of losing the US-Canada trade pact, Mexico alters its laws and removes Chinese parts MEXICO CITY (AP) — Mexico has been taking a bashing for allegedly serving as a conduit for Chinese parts and products into North America. Officials here are terrified that a re-elected Donald Trump or politically struggling Justin Trudeau could simply expel their country from the U.S.-Mexico-Canada free trade agreement. Mexico's ruling Morena party is so afraid its has gone on a campaign to get companies to replace Chinese parts with locally made ones. And its legislators are consciously tweaking the wording of major laws to try to make them compatible with the trade pact's language. Mexico hopes the rules of the trade pact would prevent the U.S. or Canada from simply walking away. Australia withdraws a misinformation bill after critics compare it to censorship CANBERRA, Australia (AP) — Australia’s government has withdrawn a bill that would give a media watchdog power to monitor digital platforms and require them to keep records about misinformation and disinformation on their networks. Communications Minister Michelle Rowland said Sunday that the government was unable to drum up the support needed to pass the legislation. The opposition spokesman, David Coleman, said the bill “betrayed our democracy” and amounted to “censorship laws in Australia.” The bill would have granted the Australian Communications and Media Authority power over digital platforms by approving an enforceable code of conduct or standards for social media companies if self-regulation fell short. He'll be the last meatpacker in the Meatpacking District. Here's how NYC's gritty 'hood got chic NEW YORK (AP) — The last meatpackers in New York's Meatpacking District have agreed to end their leases early and make way for development on their city-owned lot. A third-generation meatpacker says he is ready to retire and he'll be proud to be there when the building closes. The closure date has not been set, but will mark the end of over a century of industrial life in the Meatpacking District. Starting in the 1970s, a new nightlife scene emerged as bars and nightclubs moved in. Today it's a hub for shopping, tourism, and recreation and only echoes of that grit remain. US budget airlines are struggling. Will pursuing premium passengers solve their problems? DALLAS (AP) — Delta and United Airlines have become the most profitable U.S. airlines by targeting premium customers while also winning a significant share of budget travelers. That is squeezing smaller low-fare carriers like Spirit Airlines, which filed for bankruptcy protection on Monday. Some travel industry experts think Spirit’s troubles indicate less-wealthy passengers will have fewer choices and higher prices. Other discount airlines are on better financial footing but also are lagging far behind the full-service airlines when it comes to recovering from the COVID-19 pandemic. Most industry experts think Frontier and other so-called ultra-low-cost carriers will fill the vacuum if Spirit shrinks, and that there's still plenty of competition to prevent prices from spiking. What to know about Scott Bessent, Trump's pick for treasury secretary WASHINGTON (AP) — President-elect Donald Trump has chosen money manager Scott Bessent, an advocate for deficit reduction and deregulation, to serve as his next treasury secretary. Bessent is a past supporter of Democrats who has become an enthusiastic supporter of Trump. He’s an advocate of cutting spending while extending the tax cuts approved by Congress in Trump’s first term. He has said tariffs imposed during a second Trump administration would be directed primarily at China.