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ANN ARBOR, Mich. — Michigan's defense of the national championship has fallen woefully short. The Wolverines started the season ranked No. 9 in the AP Top 25, making them the third college football team since 1991 to be ranked worse than seventh in the preseason poll after winning a national title. Michigan (6-5, 4-4 Big Ten) failed to meet those modest expectations, barely becoming eligible to play in a bowl and putting the program in danger of losing six or seven games for the first time since the Brady Hoke era ended a decade ago. The Wolverines potentially can ease some of the pain with a win against rival and second-ranked Ohio State (10-1, 7-1, No. 2 CFP) on Saturday in the Horseshoe, but that would be a stunning upset. Ohio State is a 21 1/2-point favorite, according to the BetMGM Sportsbook, and that marks just the third time this century that there has been a spread of at least 20 1/2 points in what is known as "The Game." Michigan coach Sherrone Moore doesn't sound like someone who is motivating players with an underdog mentality. "I don't think none of that matters in this game," Moore said Monday. "It doesn't matter the records. It doesn't matter anything. The spread, that doesn't matter." How did Michigan end up with a relative mess of a season on the field, coming off its first national title since 1997? Winning it all with a coach and star player contemplating being in the NFL for the 2024 season seemed to have unintended consequences for the current squad. The Wolverines closed the College Football Playoff with a win over Washington on Jan. 8; several days later quarterback J.J. McCarthy announced he was skipping his senior season; and it took more than another week for Jim Harbaugh to bolt to coach the Los Angeles Chargers. In the meantime, most quality quarterbacks wanting to transfer had already enrolled at other schools and Moore was left with lackluster options. Davis Warren beat out Alex Orji to be the team's quarterback for the opener and later lost the job to Orji only to get it back again. No matter who was under center, however, would've likely struggled this year behind an offensive line that sent six players to the NFL. The Wolverines lost one of their top players on defense, safety Rod Moore, to a season-ending injury last spring and another one, preseason All-America cornerback Will Johnson, hasn't played in more than a month because of an injury. The Buckeyes are not planning to show any mercy after losing three straight in the series. "We're going to attack them," Ohio State defensive end Jack Sawyer said. "We know they're going to come in here swinging, too, and they've still got a good team even though the record doesn't indicate it. This game, it never matters what the records are." While a win would not suddenly make the Wolverines' season a success, it could help Moore build some momentum a week after top-rated freshman quarterback Bryce Underwood flipped his commitment from LSU to Michigan. "You come to Michigan to beat Ohio," said defensive back Quinten Johnson, intentionally leaving the word State out when referring to the rival. "That's one of the pillars of the Michigan football program. "It doesn't necessarily change the fact of where we are in the season, but it definitely is one of the defining moments of your career here at Michigan." AP Sports Writer Mitch Stacy in Columbus, Ohio, contributed to this report. Get local news delivered to your inbox!Natixis Advisors LLC lifted its holdings in shares of SPDR S&P Dividend ETF ( NYSEARCA:SDY – Free Report ) by 23.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 28,194 shares of the company’s stock after buying an additional 5,324 shares during the period. Natixis Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $4,005,000 as of its most recent SEC filing. A number of other hedge funds have also recently modified their holdings of SDY. Joel Isaacson & Co. LLC lifted its position in SPDR S&P Dividend ETF by 1.2% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock worth $349,702,000 after acquiring an additional 30,381 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 13,497.7% during the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after purchasing an additional 1,165,660 shares during the period. Cetera Investment Advisers grew its position in SPDR S&P Dividend ETF by 283.2% in the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after buying an additional 509,007 shares during the last quarter. Creative Planning grew its position in SPDR S&P Dividend ETF by 1.1% in the 2nd quarter. Creative Planning now owns 461,739 shares of the company’s stock valued at $58,724,000 after buying an additional 4,963 shares during the last quarter. Finally, Elk River Wealth Management LLC grew its holdings in SPDR S&P Dividend ETF by 2.2% during the third quarter. Elk River Wealth Management LLC now owns 385,024 shares of the company’s stock worth $54,690,000 after acquiring an additional 8,194 shares during the period. SPDR S&P Dividend ETF Stock Up 0.7 % NYSEARCA:SDY opened at $142.31 on Friday. The firm’s fifty day simple moving average is $140.83 and its 200-day simple moving average is $135.19. The stock has a market cap of $22.51 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $118.33 and a fifty-two week high of $144.06. SPDR S&P Dividend ETF Company Profile The SPDR S&P Dividend ETF seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (the Index). The Index is designed to measure the performance of the 60 highest dividend yielding S&P Composite 1500 Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years. Read More Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF ( NYSEARCA:SDY – Free Report ). 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Memphis beats No. 2 UConn 99-97 in overtime to tip off Maui InvitationalVISTA, Calif.--(BUSINESS WIRE)--Nov 21, 2024-- Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that its Chairman and Chief Executive Officer, Ron Dutt, intends to retire from the Company. The Company’s Board of Directors is executing a comprehensive succession plan and search to identify the next CEO with the assistance of a nationally recognized search firm. Mr. Dutt will remain in his roles until the search for his successor is complete. Mr. Dutt commented, “It has been my honor to serve as Flux’s Chairman and CEO over the last 12 years, and I'm extremely proud of the team's many accomplishments. From our early days as a pre-revenue start-up and developing the market-penetrating “lithium-ion battery pack” for the high volume ‘walkie’ pallet jack, to becoming a thriving business and recognized provider of innovative energy solutions for the motive lift and ground support equipment markets, it has been a privilege to be a part of this company. I am grateful to the entire Flux team for what we were able to achieve together, and I look forward to supporting my successor through a successful transition.” “On behalf of the Board, management team, and employees, I want to thank Ron for his exceptional leadership and continued dedication to Flux Power,” said Director Michael Johnson. “Since joining as a Director at the company’s incorporation, I have seen Ron’s commitment to fostering a culture of mutual respect and integrity that has been foundational to the company’s success. His vision and dedication have been pivotal in the formation, development, and sustained growth of Flux Power. The Board of Directors and the entire Flux team appreciate his outstanding leadership and the lasting impact he has made on the organization. Looking ahead, we are committed to identifying the best candidate to continue our mission and build upon our strong foundation, and we look forward to working with Ron to ensure a smooth transition.” About Flux Power Holdings, Inc. Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com . Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities law. Forward-looking statements are statements that are not historical facts. Words and phrases such as “anticipated,” “forward,” “will,” “would,” “could,” “may,” “intend,” “remain,” “potential,” “prepare,” “expected,” “believe,” “plan,” “seek,” “continue,” “estimate,” “and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, statements with respect to: the expected adjustments to the Company’s financial statements, including the estimated amount and impact of adjustments on the Company’s financial statements, expectations with respect to the Company’s internal control over financial reporting and disclosure controls and procedures and related remediation, the potential for additional adjustments to the Company’s financial statements and additional restatements, the Company’s ability to access its revolving credit facility, expected filing of its Form 10-K, and effect and impact on Company’s business and credit facility. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the Company’s control, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Such risks and uncertainties include, but are not limited to, the completion of the review and preparation of the Company’s financial statements and internal control over financial reporting and disclosure controls and procedures and the timing thereof; the discovery of additional information resulting to additional adjustments; delays in the Company’s financial reporting, including as a result of unanticipated factors; the Company’s ability to obtain necessary waivers or amendments to its credit facility in the future; the risk that the Company may become subject to stockholder lawsuits or claims; the Company’s ability to remediate material weaknesses in its internal control over financial reporting; risks inherent in estimates or judgments relating to the Company’s critical accounting policies, or any of the Company’s estimates or projections, which may prove to be inaccurate; unanticipated factors in addition to the foregoing that may impact the Company’s financial and business projections and guidance and may cause the Company’s actual results and outcomes to materially differ from its estimates, projections and guidance; and those risks and uncertainties identified in the “Risk Factors” sections of the Company’s Annual Report on Form 10-K for the year ended June 30, 2023, and its other subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners. Follow us at: Blog: Flux Power Blog News Flux Power News Twitter: @FLUXpwr LinkedIn: Flux Power View source version on businesswire.com : https://www.businesswire.com/news/home/20241121700521/en/ CONTACT: Media & Investor Relations: media@fluxpower.com info@fluxpower.com External Investor Relations: Chris Tyson,Executive Vice President MZ Group - MZ North America 949-491-8235 FLUX@mzgroup.us www.mzgroup.us KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OTHER ENERGY TECHNOLOGY BATTERIES ALTERNATIVE ENERGY ENERGY HARDWARE SOURCE: Flux Power Holdings, Inc. Copyright Business Wire 2024. PUB: 11/21/2024 04:01 PM/DISC: 11/21/2024 04:02 PM http://www.businesswire.com/news/home/20241121700521/en
Attributing his party’s victory in the Channapatna byelection to “direct and indirect” support from JD(S) and BJP leaders and workers, Deputy Chief Minister D.K. Shivakumar on Sunday said people from across parties helped the Congress in this election. “If the BJP and JD(S) leaders had not supported us directly or indirectly, we would not have got so many votes. I congratulate them,” Mr. Shivakumar, who is also the Karnataka Pradesh Congress Committee (KPCC) president told media persons in Kanakapura. “Many people from across parties have helped us in this election (Channapatna). The Congress had polled only 16,000 votes in the previous Assembly election. The number increased in the Lok Sabha election and it has further gone up now,” he siaid. “BJP leader C.N. Ashwath Narayan said on Saturday that he knew about our party candidate C.P. Yogeshwar’s victory beforehand. Is he dumb to say so having been the district in-charge Minister and Deputy Chief Minister? He knew the pulse of the people,” Mr. Shivakumar said. Referring to JD(S) leader G.T. Deve Gowda’s statement that he would join the Congress if people desired so, he said, “It is not just his (Mr. Gowda’s) opinion. A lot of people want him to do it. Many in the BJP have the same thoughts. Could we have won this election if BJP leaders had not supported us?” he said. Asked about Union Minister and JD(S) leader H.D. Kumaraswamy’s statement that money power defeated his son, Nikhil Kumaraswamy, in Channapatna, he said, “Then what do you call D.K. Suresh’s defeat in the Lok Sabha election? Mr. Yogeshwar was still in the BJP then. Mr. Kumaraswamy got his brother-in-law elected. How do you explain this?” ‘Promises will be fulfilled’ The Deputy Chief Minister assured the people of Channapatna that all promises made before the byelection would be fulfilled. “The Congress government will fulfil the aspirations of the people of Channapatna. We listened to the problems of the people of Channapatna after the seat was vacated. The people have blessed us now and we will repay that debt through development works,” he said. “District in-charge Minister Ramalinga Reddy has undergone a leg surgery. Before we go for the winter session of the legislature in Belagavi, we will hold a meeting to discuss and initiate all our promises,” he said. ‘Credit goes to all’ Asked about who gets the credit for the victory, he said, “This is not a victory that belongs to one or two individuals. This is a result of concerted efforts by all in the party.” Replying to a query on whether Ramanagara district has become “JD(S)-free” now, he said, “It is not important for us to make Ramanagara JD(S)- mukt . Their tally will go down from 19 to 18 in the Assembly now.” Meanwhile, addressing a women’s convention in Kanakapura, Mr. Shivakumar said the coalition government in Maharashtra copied the Congress government’s Gruha Lakshmi guarantee scheme. “They launched the ‘ Ladli Behna Yojana’ of giving women a financial benefit of ₹1,500 through direct benefit transfer. We had also announced a ‘Mahalakshmi’ scheme and had promised to give ₹3,000. They launched the scheme just six months before the election and this resulted in their victory now,” he said. Published - November 24, 2024 08:40 pm IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit Shivakumar seems to be the latest winner in the war over Vokkaliga heartland Channapatna defeat casts shadow on JD(S) and career of Nikhil Bypoll mandate an endorsement of Congress government’s guarantee schemes in Karnataka Karnataka / state politics / Indian National Congress / Janata Dal - Secular / Bharatiya Janata Party
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Already an avid fan of NFL football and a skilled enough golfer to compete in LPGA pro-am tournaments, reigning WNBA Rookie of the Year Caitlin Clark is reportedly interested in dipping her sneakers into another sport that isn't basketball. According to ESPN , the Indiana Fever All-Star point guard is part of an ownership group trying to bring a National Women's Soccer League expansion team to Cincinnati. More news : 76ers News: Joel Embiid, Paul George 'Furious' Someone Leaked Team Meeting Info "The NWSL Cincinnati bid team is thrilled that Caitlin Clark has joined our ownership group in pursuit of bringing a women's professional soccer team to our city," a rep from the ownership group, which also represents MLS team FC Cincinnati, told The Worldwide Leader. "Her passion for the sport, commitment to elevating women's sports in and around the Greater Cincinnati region, and influence as an athlete and role model for women and girls around the world, make her a vital part of our compelling bid to become the 16th team in the NWSL." In addition to the Cincinnati group, NWSL bidders are also attempting to attract an expansion team to cities including Cleveland, Denver, Nashville, and Philadelphia. The new club would hit the pitch in 2026 and, along with a previously announced expansion team that was awarded to Boston, grow the NWSL to 16 teams. Speaking to the media ahead of the NWSL's championship match, league commissioner Jessica Berman confirmed Cincinnati was a finalist in the bidding process for her league's 16th team. She also confirmed Clark was involved. "Her accomplishments and contributions to women's sports is incredible, historic. It's changed the game for everyone, and she's amazing," Berman said of the 22-year-old hooper. "Having her interest in the NWSL is an honor. We couldn't be more excited about her having shared her own personal story about having been a young soccer player and loving the game." More news: Caitlin Clark Apologizes After Striking Spectator With Ball at Pro-AM "Her messaging around being a multi-sport athlete is so important for young kids who aspire to be just like her, and the future is bright for how we could potentially work with her or others who are influencers and interested in engaging and growing our league." The NWSL's championship match will take place tomorrow when the Orlando Pride takes on the Washington Spirit. If Clark wants to cement her team's bid and bring an NWSL team to Cincy, it might be a good idea for her to be in attendance. For the latest WNBA news, be sure to check out Newsweek Sports .Quest Partners LLC Raises Holdings in Miller Industries, Inc. (NYSE:MLR)