Synopsys Inc SNPS reported fourth-quarter financial results after the market close on Wednesday. Here’s a rundown of the report . Q4 Revenue: $1.64 billion, versus estimates of $1.63 billion Q4 Adjusted EPS: $3.40, versus estimates of $3.30 “The fourth quarter was a strong finish to a transformational year for Synopsys. We achieved record financial results while doubling down on our strategy with the sale of our Software Integrity business and the pending acquisition of Ansys,” said Sassine Ghazi , president and CEO of Synopsys. “Looking ahead, the AI-driven reinvention of compute is accelerating the pace, scale and complexity of technology R&D, which expands our opportunity to solve engineering challenges from silicon to systems.” Synopsys said its previously announced acquisition of Ansys is expected to close in the first half of 2025. The company is working cooperatively with the Federal Trade Commission (FTC) to conclude the investigation and the staff’s review of Synopsys’ proposed remedies. Outlook: Synopsys expects first-quarter revenue to be in the range of $1.435 billion to $1.465 billion versus estimates of $1.643 billion, according to Benzinga Pro . The company sees first-quarter adjusted earnings between $2.77 and $2.82 per share versus estimates of $3.53 per share. Synopsys noted that its outlook reflects a change in the company’s fiscal year from a 52/53-week period ending on the Saturday nearest to Oct. 31 of each year to Oct. 31 of each year. As a result of this change, there will be 10 fewer days in the first half of fiscal year 2025. “In 2025, we expect to deliver double-digit revenue growth grounded in pragmatism given continued macro uncertainties and the impact of our fiscal year calendar change,” said Shelagh Glaser , CFO of Synopsys. SNPS Price Action: Synopsys shares were down 6.23% in after-hours, trading at $551.37 at the time of publication Wednesday, per Benzinga Pro . Read Next: ChargePoint Stock Rallies After Q3 Results: EPS In Line, Revenues Beat Photo: Courtesy of Synopsys. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Police say searchers don’t expect to find woman in Pennsylvania sinkhole alive UNITY TOWNSHIP, Pa. (AP) — The search for a woman who is believed to have fallen into a sinkhole in western Pennsylvania has become a recovery effort after two treacherous days of digging through mud and rock produced no signs of life. Pennsylvania State Police spokesperson Trooper Steve Limani said during a news conference Wednesday that authorities no longer believe they will find 64-year-old Elizabeth Pollard alive, but that the search for her remains continues. Limani says crews have seen "no signs of any form of life or anything.” Pollard was last seen alive Monday evening when she went out looking for her cat in the village of Marguerite, about 40 miles east of Pittsburgh. WWE is seeking a bigger stage and Netflix, pushing for more live events, is providing it WWE will perform on a stage next month that could be vastly larger than its current home on cable television when it makes its “Raw” debut on Netflix. The sports entertainment company is moving to a platform with about 283 million subscribers worldwide as it departs its current home on the USA Network, which averaged 688,000 viewers in prime-time last year, according to the Nielsen company. For Netflix, onboarding the WWE is part of strategic move to air more live events on the heels of a hugely successful fight between Mike Tyson and Jake Paul that was viewed by more than 60 million people. Michigan court upholds light sentence for woman who killed dad in dispute over ride DETROIT (AP) — The Michigan Court of Appeals has declined to overturn a light jail sentence for a young woman who killed her father by burning him with a dangerous powder. Prosecutors said Megan Imirowicz was upset when her father couldn’t drive her to a hair appointment before her 18th birthday party. Imirowicz was sentenced to only a year in jail in 2023. She actually spent more than a year in custody because she was locked up before trial and while awaiting her punishment in suburban Detroit. Sumo wrestlers bring 1,500 years of tradition to London as the sport has an international moment LONDON (AP) — London’s Royal Albert Hall is preparing to host a different kind of spectacle: Sumo wrestling. Wrestlers put on an exhibition of heavyweight grappling to promote a tournament scheduled for next October. It marks only the second time an elite five-day tournament will be held outside Japan. The first was held in 1991 at the same venue. Organizers are hoping to whip up the kind of excitement that was generated three decades ago, when the deeply ritualistic sport attracted sell-out crowds and a national television audience. The end of an Eras tour approaches, marking a bittersweet moment for Taylor Swift fans NASHVILLE, Tenn. (AP) — The global phenomenon that is Taylor Swift’s Eras Tour is coming to an end after the popstar performed more than 150 shows across five continents over nearly two years. Since launching the tour in 2023, Swift has shattered sales and attendance records. It's even created such an economic boom that the Federal Reserve took note. But for many who attended the concerts, and the millions more who eagerly watched on their screens, the tour also became a beacon of joy. It's become a chance not only to appreciate Swift’s expansive music career, but also celebrate the yearslong journey fans have taken with her. Jury revisits key videos in NYC subway chokehold death trial NEW YORK (AP) — Jurors have asked to review police and bystander video at the heart of the New York City chokehold manslaughter case against Daniel Penny. The request came during a second day of deliberations Wednesday. The anonymous jury also asked to rehear part of a city medical examiner’s testimony. The request included testimony about her decision to issue a death certificate without getting toxicology test results for Jordan Neely. He was the agitated subway rider whom Penny held him around the neck for roughly six minutes. Penny has pleaded not guilty to manslaughter and criminally negligent homicide. Prosecutors say he recklessly killed Neely. Penny's defense maintains he was justified in acting to protect fellow subway riders from Neely. Relatives hunt for the missing after Guinea stadium crush amid fears official death toll is too low CONAKRY, Guinea (AP) — Kambaly Kouroumah was searching a local morgue for his teenage brother, Adama, who died after chaos erupted at a soccer game in southern Guinea’s Nzerekore city. Adama, 15, was among 56 people that officials said were killed in Sunday's crush, although rights groups reported a death toll nearly three times higher. Local media, rights groups and witnesses say security forces used tear gas to respond after fans began to throw stones to protest a referee's decision during the soccer game that was organized in honor of Guinea's junta leader, Col. Mamadi Doumbouya. Many of the dead were crushed as they tried to escape through the stadium gates, videos showed. Power shortages in Ecuador are melting away the future of a small town’s ice-cream industry SALCEDO, Ecuador (AP) — Ice-cream production in this quiet Ecuadorian town began in the mid-20th century in a convent for Franciscan nuns. The nuns sold their creamy popsicles in town to gather funds for the poor. But the people of Salcedo saw a business opportunity and began experimenting with new flavors and techniques, establishing a thriving popsicle industry that has made their small town famous among ice-cream lovers. But now, the South American nation is struggling with a relentless wave of power cuts that threaten the future of Salcedo’s ice-cream industry, melting away its dreams of a more prosperous future. Senegalese artisans in the spotlight as they exhibit for the first time at a prestigious art event DAKAR, Senegal (AP) — For the artistic and cultural elites of the West African nation of Senegal, the monthlong Dakar Biennale of Contemporary African Arts is a celebratory moment. But it wasn’t until this year that the local artisans in the Soumbedioune crafts market, just off the Corniche and at the doorstep on the Medina working-class neighborhood, realized what the Biennale was. Craftsmanship is deeply rooted in the country’s culture, but its role has declined in recent years. As living costs rise, many Senegalese opt for cheaper, Chinese-imported products. And those that can afford it buy Western clothes and furniture to mark their social status. Eminem's mother Debbie Nelson, whose rocky relationship fueled the rapper's lyrics, dies at age 69 Debbie Nelson, the mother of rapper Eminem whose rocky relationship with her son was known widely through his song lyrics, has died. She was 69. Eminem’s longtime representative Dennis Dennehy confirmed Nelson’s death in an email on Tuesday. He did not provide a cause of death, although Nelson had battled lung cancer. Nelson’s fraught relationship with her son, whose real name is Marshall Mathers III, has been no secret since the Detroit rapper became a star. Nelson brought and settled two defamation lawsuits over Eminem’s statements about her in magazines and on radio talk shows. In her 2008 book, “My Son Marshall, My Son Eminem,” she attempted to set the record straight.
IBD Live Q&A And Two Key Stock Lists For Nov. 26, 2024Feds suspend ACA marketplace access to companies accused of falsely promising ‘cash cards’Joe Biden begins final White House holiday season with turkey pardons for 'Peach' and 'Blossom' WASHINGTON (AP) — President Joe Biden has kicked off his final holiday season at the White House, issuing the traditional reprieve to two turkeys who will bypass the Thanksgiving table to live out their days in Minnesota. The president welcomed 2,500 guests under sunny skies as he cracked jokes about the fates of “Peach” and “Blossom.” He also sounded wistful tones about the last weeks of his presidency. Separately, first lady Jill Biden received the delivery of the official White House Christmas tree. And the Bidens are traveling to New York later Monday for an early holiday celebration with members of the Coast Guard. Bah, humbug! Vandal smashes Ebenezer Scrooge's tombstone used in 'A Christmas Carol' movie LONDON (AP) — If life imitates art, a vandal in the English countryside may be haunted by The Ghost of Christmas Yet to Come. Police in the town of Shrewsbury are investigating how a tombstone at the fictional grave of Ebenezer Scrooge was destroyed. The movie prop used in the 1984 adaption of Charles Dickens' “A Christmas Carol” had become a tourist attraction. The film starred George C. Scott as the cold-hearted curmudgeon who is visited by three ghosts on Christmas Eve who show him what will become of his life if he doesn’t become a better person. West Mercia Police say the stone was vandalized in the past week. Megachurch founder T.D. Jakes suffers health incident during sermon at Dallas church DALLAS (AP) — The founder of Dallas-based megachurch The Potter's House, Bishop T.D. Jakes, was hospitalized after suffering what the church called a “slight health incident.” Jakes was speaking to churchgoers after he sat down and began trembling as several people gathered around him Sunday at the church. Jakes' daughter Sarah Jakes Roberts and her husband Touré Roberts said in a statement on social media late Sunday that Jakes was improving. The 67-year-old Jakes founded the non-denominational The Potter's House in 1996 and his website says it now has more than 30,000 members with campuses in Fort Worth and Frisco, Texas; and in Denver. Warren Buffett gives away another $1.1B and plans for distributing his $147B fortune after his death OMAHA, Neb. (AP) — Investor Warren Buffett renewed his Thanksgiving tradition of giving by announcing plans Monday to hand more than $1.1 billion of Berkshire Hathaway stock to four of his family's foundations, 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. Buffett said he has no regrets about his decision to start giving away his fortune in 2006. At the crossroads of news and opinion, 'Morning Joe' hosts grapple with aftermath of Trump meeting The reaction of those who defended “Morning Joe” hosts Joe Scarborough and Mika Brzezinski for meeting with President-elect Trump sounds almost quaint in the days of opinionated journalism. Doesn't it makes sense, they said, for hosts of a political news show to meet with such an important figure? But given how “Morning Joe” has attacked Trump, its viewers felt insulted. Many reacted quickly by staying away. It all reflects the broader trend of opinion crowding out traditional journalist in today's marketplace, and the expectations that creates among consumers. By mid-week, the show's audience was less than two-thirds what it has typically been this year. Pop star Ed Sheeran apologizes to Man United boss Ruben Amorim for crashing interview MANCHESTER, England (AP) — British pop star Ed Sheeran has apologized to Ruben Amorim after inadvertently interrupting the new Manchester United head coach during a live television interview. Amorim was talking on Sky Sports after United’s 1-1 draw with Ipswich on Sunday when Sheeran walked up to embrace analyst Jamie Redknapp. The interview was paused before Redknapp told the pop star to “come and say hello in a minute.” Sheeran is a lifelong Ipswich fan and holds a minority stake in the club. He was pictured celebrating after Omari Hutchinson’s equalizing goal in the game at Portman Road. A desert oasis outside of Dubai draws a new caravan: A family of rodents from Argentina AL QUDRA LAKES, United Arab Emirates (AP) — A desert oasis hidden away in the dunes in the far reaches of skyscraper-studded Dubai has drawn a surprising new set of weary world travelers: a pack of Argentinian rodents. A number of Patagonian mara, a rabbit-like mammal with long legs, big ears and a body like a hoofed animal, now roam the grounds of Al Qudra Lakes, typically home to gazelle and other desert creatures of the United Arab Emirates. How they got there remains a mystery in the UAE, a country where exotic animals have ended up in the private homes and farms of the wealthy. But the pack appears to be thriving there and likely have survived several years already in a network of warrens among the dunes. Pilot dies in plane crash in remote woods of New York, puppy found alive WINDHAM, N.Y. (AP) — Authorities say a pilot and at least one dog he was transporting died when a small plane crashed in the snowy woods of the Catskill Mountains, though a puppy on the flight was found alive with two broken legs. The Greene County sheriff’s office says Seuk Kim of Springfield, Virginia, was flying from Maryland to Albany, New York, when the plane crashed at about 6:10 p.m. Sunday in a remote area. Officials believe the pilot died from the impact. The surviving dog was hospitalized, while a third dog was not located. The flight was connected with a not-for-profit group that transports rescue animals. New Zealanders save more than 30 stranded whales by lifting them on sheets WELLINGTON, New Zealand (AP) — More than 30 pilot whales that stranded themselves on a beach in New Zealand have been safely returned to the ocean after conservation workers and residents helped to refloat them by lifting them on sheets. New Zealand’s conservation agency said four whales died. New Zealand is a whale stranding hotspot and pilot whales are especially prolific stranders. The agency praised as “incredible” the efforts made by hundreds of people to help save the foundering pod. A Māori cultural ceremony for the three adult whales and one calf that died in the stranding took place Monday. Rainbow-clad revelers hit Copacabana beach for Rio de Janeiro’s pride parade RIO DE JANEIRO (AP) — Thousands of revelers have gathered alongside Copacabana beach for Rio de Janeiro’s annual gay pride parade, many scantily dressed and covered in glitter. Rainbow-colored flags, towels and fans abounded among the crowd mostly made up of young revelers, who danced and sang along to music blaring from speakers. While the atmosphere was festive, some spoke of the threat of violence LGBTQ+ people face in Brazil. At least 230 LGBTQ+ Brazilians were victims of violent deaths in 2023, according to the umbrella watchdog group Observatory of LGBTQ+ deaths and violence in Brazil.
A wild first season of the expanded Big 12 is down to what should be a chaotic final weekend. Through all the upsets, unexpected rises and falls, there are nine teams still in the mix to play in the conference championship game. No. 14 Arizona State and No. 17 Iowa State have the best odds, yet a multitude of scenarios could play out — 256 to be exact. There's even the possibility of an eight-team tie. It may take a mathematician to figure out which teams are in the Dec. 7 game in Arlington, Texas — even for the ones who win. Travis Hunter, Colorado. The Buffaloes' two-way star has excelled on both sides of the field, making him one of the favorites to win the Heisman Trophy. Cam Skattebo, Arizona State. The senior running back can do a little of everything, but excels at punishing would-be tacklers. He's one of the nation's leaders in yards after contact and the focal point of the Sun Devils' offense. Shadeur Sanders, Colorado. If it weren't for Hunter, Sanders might be the Heisman favorite. The son of coach Deion Sanders, Shedeur is fifth nationally with 3,488 yards passing and has been a big part of the Buffaloes' turnaround. DJ Giddens, Kansas State. The Wildcats' running back is one of the nation's most versatile players. He is ninth nationally with 1,271 rushing yards and has added 21 receptions for 258 yards. Tetairoa McMillan, Arizona. The Wildcats have struggled this season, but McMillan has not. He is third nationally with 1,251 receiving yards with seven touchdowns on 78 catches. Jacob Rodriguez, Texas Tech. The Red Raiders' junior linebacker leads the Big 12 with 68 tackles, averaging 10.2 per game. He also has four sacks. Brendan Mott, Kansas State. He's a menace to opposing quarterbacks, leading the Big 12 with 8 1/2 sacks. The Big 12 has nine teams already bowl eligible and two more a win away. The winner of the Big 12 championship game will be in the mix for a College Football Playoff spot. Arizona State, Iowa State, No. 19 BYU, Colorado, Kansas State, Baylor, TCU, Texas Tech and West Virginia have already clinched bowl berths. Kansas and Cincinnati can get into the postseason with wins this weekend. Gus Malzahn, UCF. Despite successes in recruiting, the Knights are 10-14 in two seasons since moving to the Big 12. Maybe not enough to get shown the door this year, but another mediocre season could lead UCF to make a change. Kyle Whittingham, Utah. Whittingham was one of the Pac-12's best coaches, leading the Utes to consecutive conference titles. Utah was expected to contend for the Big 12 title its first year in the league, but enters the final weekend 1-7 in conference play, which could push Whittingham toward retirement since it's doubtful he'd be fired. Neal Brown, West Virginia. The Mountaineers' coach was in a precarious spot at the end of last season and West Virginia hasn't lived up to expectations this season. The Mountaineers are eligible to go to a bowl game for the second straight season, but Brown could be on the hot seat even after signing a contract extension before the season. Josiah Trotter, West Virginia. The redshirt freshman is the latest Trotter to have success at the linebacker position, following the footsteps of his father, former Philadelphia Eagles player Jeremiah Trotter, and brother Jeremiah Trotter Jr., a current Eagles linebacker. Sam Leavitt, Arizona State. The Michigan State transfer has been just what the Sun Devils' needed: an agile quarterback who extends plays with his legs and rarely makes bad decisions. Bryson Washington, Baylor. The Bears' running back has rushed for 812 yards — 196 against TCU — and 10 TDs. TCU has the Big 12's highest rated 2025 recruiting class with six four-star players among 26 commitments, according to the 247 Sports composite. Receiver Terry Shelton of Carrollton, Texas, is the highest-rated recruit at 71st nationally. Baylor is next with five five-star players among its 20 commitments, including running back Michael Turner, rated 13th at his position out of North Richland Hills, Texas. Texas Tech is ranked seventh in the Big 12, but has four four-star recruits. Get local news delivered to your inbox!Framework For Forecasting Next Year's Stock Market Return