BC Highway Patrol nabs 12 alleged impaired drivers in South Okanagan
South Korean President Relents After Martial Law UproarLONG BEACH, Calif. (AP) — Devin Askew had 28 points in Long Beach State's 76-68 victory over Hawaii on Saturday night. Askew also had six rebounds, seven assists, and seven steals for the Beach (3-8, 2-0 Big West Conference). Austin Johnson scored 14 points and added 10 rebounds. TJ Wainwright went 5 of 9 from the field (2 for 3 from 3-point range) to finish with 14 points. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week
Askew scores 28 as Long Beach State beats Hawaii 76-68
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Salesforce.com Inc. (CRM) on Tuesday reported fiscal third-quarter earnings of $1.53 billion. On a per-share basis, the San Francisco-based company said it had profit of $1.58. Earnings, adjusted for stock option expense and amortization costs, were $2.41 per share. The results did not meet Wall Street expectations. The average estimate of 17 analysts surveyed by Zacks Investment Research was for earnings of $2.43 per share. The customer-management software developer posted revenue of $9.44 billion in the period, which beat Street forecasts. Fourteen analysts surveyed by Zacks expected $9.34 billion. For the current quarter ending in January, Salesforce.com expects its per-share earnings to range from $2.57 to $2.62. The company said it expects revenue in the range of $9.9 billion to $10.1 billion for the fiscal fourth quarter. Salesforce.com expects full-year earnings in the range of $9.98 to $10.03 per share, with revenue ranging from $37.8 billion to $38 billion. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on CRM at https://www.zacks.com/ap/CRMGreat businesses rarely go on sale. But one fintech stock that I have followed for years just experienced a sudden correction. Give your portfolio an early gift by investing in this quality business before the holidays hit. Nu Holdings is a growth machine backed by Warren Buffett I've been a big fan of Nu Holdings ( NU 0.58% ) since its initial public offering in 2021. And I'm not alone in my fandom. Warren Buffett has picked up more than $1 billion in shares, a stake that he has refused to trim even as the stock price skyrocketed by more than 200% since mid-2022. What do I love most about Nu? It has developed a proven recipe for growth that should be sustained for years, if not decades to come. More than a decade ago, Nu's founders realized that Latin America's banking industry was primed for new competition. At the time, the banking industry was largely consolidated, with minimal innovation despite the advent of new technologies like the internet and smartphones. What the company decided to do was a novel break from tradition, at least for a Latin American financial services business. Instead of opening a bunch of physical branches, Nu went directly to consumers through a smartphone app. While this was fairly common at the time in more developed markets, the strategy was wholly unique in Latin America. By offering its services directly through a smartphone, Nu was able to lower costs for most conventional financial services like debit and credit cards, banking and checking accounts, and basic investment accounts. This reduction in fees, plus ease of access, allowed it to grow quickly. But there was another major advantage to this strategy: Nu could innovate far more nimbly than the competition. At the push of a button, it could activate a new product or service for millions of customers. Clearly these factors were in demand by Latin American residents. The company went from zero customers to 109 million as of the most recent quarter. And with more than 650 million residents across the entirety of Latin America, the company has plenty of room for long-term growth. The discount on this fintech stock may not last long Nu has become a growth machine, and its stock price has risen consistently due to that reality. But even growth superstars like this temporarily go on sale. Over the last few weeks, shares have fallen in value by nearly 25%. What was the cause? In mid-November, the company reported blockbuster earnings. But sales growth was below historical norms, while certain profitability metrics compressed. Then this week, an analyst from Citigroup cut his rating on Nu stock to a sell from neutral with a price target of $11, down from $14.60. While the analyst noted Nu's "impressive capacity" to grow, he thought that the latest run-up was an opportunity to take profits. There's no doubt that shares were expensive in mid-November when they set all-time highs. Nu was trading at more than 10 times sales, and more than 40 times profits. That's a steep price to pay for a bank stock. But this isn't any ordinary bank stock -- this a fintech business, capable of growing rapidly with impressive economies of scale. For example, the company just turned profitable in 2023, and already its shares trade at just 33 times earnings after the correction. On a forward basis, shares trade at less than 28 times expected earnings. NU PS ratio, data by YCharts. PS = price to sales; PE = price to earnings. Did Nu's valuation get a little out of hand last month? Perhaps. But this is a business built for the next century, not just the next few years. Getting a small discount on a fantastic business that can grow for the rest of your life is an opportunity too good to pass up. Analysts are often concerned with short-term price movements. But long-term investors should use these short-term movements to their advantage. Nu' Holdings' recent quarter wasn't up to its usual standard, but everything is still headed in the right direction from a macro perspective. While the latest correction may have been warranted on a short-term basis, don't expect the discount to last through the holidays -- this is too good a bargain to pass up for patient investors.
Ange Postecoglou relishing Tottenham’s key run of fixtures before ChristmasFollowing much speculation, Love Island star Maura Higgins has entered the I’m A Celebrity... Get Me Out of Here jungle and viewers are delighted. The Longford native was one of the first rumoured celebrities to participate in the show but threw fans off the scent when she enjoyed a trip to Las Vegas last week. Viewers were ‘ furious ‘ after the 33-year-old wasn’t among those heading into the jungle on Sunday night. Maura entered Love Island as a bombshell, and has returned to television screens following the same suit — as a bombshell arrival on I’m A Celebrity . The TV presenter made her entrance on Thursday alongside Reverend Richard Coles, with the duo taking up base at the Jungle Junkyard for the coming days. Despite living in luxury, the celebrities are tasked with contacting the main camp and convincing them that they are living in squalor. GK Barry and Coleen Rooney head down to the Jungle Junkyard, with Maura and Richard quickly hiding the luxury items and putting on the act. GK and Coleen returned to the camp and informed their campmates that Maura and Richard were in a place ‘like a jail,’ with GK adding that she didn’t know ‘if Maura is going to last.’ Viewers took to X to have their say as the Love Island alum made her I’m A Celebrity debut. One said: ‘I can tell Maura Higgins is going to ruffle a lot of feathers in the jungle and severely disrupt the peace #ImACeleb.’ Another wrote: ‘Maura Higgins already looks annoying and I’ve only seen 5 seconds of her #ImACeleb.’ A third added: ‘Maura F****ng Higgins aghhh #ImACeleb’ while a fourth shared: ‘Maura f*****g Higgins, the bombshell of all bombshells #ImACeleb MAURA HIGGINS IS BACK ON MY TV. SENSATIONAL SCENES #ImACeleb pic.twitter.com/Lyb8uev16N Maura Higgins is going to tear this camp apart piece by piece #ImACeleb #imacelebrity pic.twitter.com/ICqk08DbzC MAURA HIGGINS HAS ARRIVEDDD Maura as soon Grace & Colleen left their junkyard camp #ImACeleb pic.twitter.com/bHBmjYnHiL Maura this is for you🫶🏻 #ImACeleb pic.twitter.com/4N6Ccpo5B6 “jesus christ. sorry father” oh maura’s already given me more joy than the past few episodes have collectively #ImACeleb pic.twitter.com/BnaGXXRT5i Maura and Richard are literally having the time of their life! I love this series 🤣🤣🤣 #ImACeleb
References to Jerry Daniels removed from Southern Chiefs' Organization website following altercation in Ottawa