
NoneMarpai has secured a number of significant new accounts for 2025 TAMPA, Fla. , Nov. 26, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (OTCQX: MRAI), a technology platform company, operates as a national Third-Party Administrator (TPA) through its subsidiaries. Marpai is transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Aussie coach Andrew McDonald weighs in on Marnus Labuschagne's clouded Test future
Morgan Rogers’ fourth goal of the season, an Ollie Watkins penalty and Matty Cash’s finish put Villa 3-0 up after 34 minutes. Mikkel Damsgaard pulled one back for Brentford in the second half but the damage had been done as Villa ended their eight-match winless run in all competitions. Emery was relieved to end the unwanted streak but quickly turned his attention to the next fixture against Southampton on Saturday. “We broke a spell of bad results we were having,” the Villa boss said. “We started the first five or 10 minutes not in control of the game but then progressively we controlled. “Today we achieved those three points and it has given us confidence again but even like that it’s not enough. We have to keep going and think about the next match against Southampton on Saturday. “The message was try to focus on each match, try to forget the table. How we can recover confidence and feel comfortable at home. Today was a fantastic match.” Tyrone Mings returned to the starting line-up in the Premier League for the first time since August 2023. Emery admitted it has been a long road back for the 31-year-old and is pleased to have him back. He added: “Mings played in the Champions league but it’s the first time in the league for a year and three months. “I think he played fantastic – he might be tired tomorrow but will be ready for Saturday again. “It was very, very long, the injury he had. His comeback is fantastic for him and everybody, for the doctor and physio and now he’s training everyday.” Brentford fell to a sixth away defeat from seven games and have picked up only a solitary point on the road this season. They have the best home record in the league, with 19 points from seven matches, but they have the joint worst away record. Bees boss Thomas Frank is confident form will improve on the road. He said: “On numbers we can’t argue we are better at home than away, but on numbers it’s a coincidence. I think two of the seven away games have been bad. “The other games we performed well in big spells. I’m confident at the end of the season we will have some wins away from home.” Frank felt Villa should not have been given a penalty when Ethan Pinnock brought Watkins down. He added: “I want to argue the penalty. I don’t think it is (one). I think Ollie kicked back and hit Ethan, yes there is an arm on the shoulder but threshold and all that – but that’s not the reason we lost.”
Cetera Strengthens Executive Leadership to Propel Strategic Growth and InnovationCAPE CANAVERAL, Fla. — NASA's two stuck astronauts just got their space mission extended again. That means they won't be back on Earth until spring — 10 months after rocketing into orbit on Boeing's Starliner capsule. NASA announced the latest delay in Butch Wilmore and Suni Williams' homecoming Tuesday. The two test pilots planned to be away just a week or so when they blasted off June 5 on Boeing's first astronaut flight to the International Space Station. Their mission grew from eight days to eight months after NASA decided to send the company's problem-plagued Starliner capsule back empty in September. FILE - This image made from a NASA live stream shows NASA astronauts Suni Williams and Butch Wilmore during a press conference from the International Space Station on Friday, Sept. 13, 2024. (NASA via AP, File) Now the pair won't return until the end of March or even April because of a delay in launching their replacements, according to NASA. A fresh crew needs to launch before Wilmore and Williams can return and the next mission was bumped more than a month, according to the space agency. NASA's next crew of four was supposed to launch in February, followed by Wilmore and Williams' return home by the end of that month alongside two other astronauts. But SpaceX needs more time to prepare the new capsule for liftoff. That launch is now scheduled for no earlier than late March. NASA said it considered using a different SpaceX capsule to fly up the replacement crew in order to keep the flights on schedule. However, it decided the best option was to wait for the new capsule to transport the next crew. NASA prefers to have overlapping crews at the space station for a smoother transition, according to officials. Most space station missions last six months, with a few reaching a full year. A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station in Cape Canaveral, Fla., Saturday, Sept. 28, 2024. (AP Photo/Chris O'Meara) A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024, in Cape Canaveral, Fla. (AP Photo/Chris O'Meara) NASA astronaut Nick Hague, left, and Roscosmos cosmonaut Aleksandr Gorbunov, left, gives a thumbs up as they leave the Operations and Checkout Building on their way to Launch Complex 40 for a mission to the International Space Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla., (AP Photo/John Raoux) NASA astronaut Nick Hague, right, and Roscosmos cosmonaut Aleksandr Gorbunov leave the Operations and Checkout building for a trip to the launch pad 40 Saturday, Sept. 28, 2024, at the Kennedy Space Center in Cape Canaveral, Fla. (AP Photo/Chris O'Meara) NASA astronaut Nick Hague, right, talks to his family members as Roscosmos cosmonaut Aleksandr Gorbunov looks on after leaving the Operations and Checkout building for a trip to the launch pad 40 Saturday, Sept. 28, 2024, at the Kennedy Space Center in Cape Canaveral, Fla. Two astronauts are beginning a mission to the International Space Station. (AP Photo/Chris O'Meara) In this image from video provided by NASA, Roscosmos cosmonaut Aleksandr Gorbunov, left, and astronaut Nick Hague travel inside a SpaceX capsule en route to the International Space Station after launching from the Kennedy Space Center in Cape Canaveral, Fla., Saturday, Sept. 28, 2024. (NASA via AP) A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024, in Cape Canaveral, Fla. (AP Photo/Chris O'Meara) A SpaceX Falcon 9 rocket, with a crew of two astronauts, lifts off from launch pad 40 at the Cape Canaveral Space Force Station in Cape Canaveral, Fla., Saturday, Sept. 28, 2024. (AP Photo/Chris O'Meara) A SpaceX Falcon 9 rocket with a crew of two lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla. (AP Photo/John Raoux) The Falcon 9's first stage booster returns to Landing Zone 1 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla. (AP Photo/John Raoux) A SpaceX Falcon 9 rocket with a crew of two lifts off from launch pad 40 at the Cape Canaveral Space Force Station Saturday, Sept. 28, 2024 at Cape Canaveral, Fla. (AP Photo/John Raoux) Get local news delivered to your inbox!UN Resolution 1701 is at the heart of the Israel-Hezbollah ceasefire deal. What is it?
Researchers have found how frontotemporal dementia (FTD) fundamentally alters a person’s capacity for empathy, revealing new insights into a condition that can strike people as young as 40. Symptoms typically start between the ages of 40 and 65. However, it can also occur in younger and older adults, and men and women are equally at risk. Researchers Lindberg from Karolinska Institutet and Alexander Santillo from Lund University analyzed the brain activity of 28 diagnosed FTD patients using functional magnetic resonance imaging (fMRI), a common, noninvasive type of brain imaging used to measure brain activity by detecting changes associated with blood flow, and 28 healthy controls. Their examination focused on patient reactions to images of hands being pierced by needles, a stimulus expected to activate brain regions associated with processing pain and suffering. Patients with bvFTD had reduced responses in the brain areas involved in processing empathy. Lindberg emphasized that the new insights into brain activity could enhance understanding of this complex disease. “This captures a key symptom in patients, and with a lack of empathy, it naturally becomes more difficult to act socially. So, it can affect the judgement [sic] of whether to be cared for at home, for example,” he noted in the press release.
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NEW YORK , Dec. 18, 2024 /PRNewswire/ -- This holiday season, Monport Laser is redefining the spirit of giving with its highly anticipated "Christmas Laser Bonanza" . Known for its industry-leading laser engraving machines, Monport Laser is offering a spectacular lineup of deals, rewards, and giveaways designed to spark creativity and make every creator's holiday truly magical. Whether you're a professional engraver, a small business owner, or a DIY enthusiast, this is your chance to bring home premium laser engraving tools at unparalleled prices. A Holiday Bonanza Like No Other Monport Laser's Christmas Laser Bonanza is packed with exciting opportunities to save big, win amazing prizes, and upgrade your engraving game. With deals designed to suit a wide range of budgets and needs, this festive event ensures that no creator is left behind. 1. Massive Discounts - Save up to $5,800 on top-of-the-line CO2 laser engravers, making high-end machines more affordable than ever. 2. Tiered Savings - Enjoy additional discounts: 4. Free Laser Tube Replacement - Get a complimentary laser tube replacement six (6) months after purchasing any 100-150w CO2 Laser Machine Engraver, ensuring uninterrupted creativity and peace of mind. 5. Share & Win - Share your Monport Laser experience on social media and enter a special giveaway to win a $50 gift card - because joy is always better when shared! Celebrate Creativity This Holiday Season The Christmas Laser Bonanza is more than just a sale - it's a celebration of creativity. Monport Laser's cutting-edge machines empower creators to produce stunning custom gifts, intricate decorations, and professional-grade products. From personalized holiday ornaments to engraved keepsakes, the possibilities are endless. This festive event makes it easier than ever to turn your imagination into reality while enjoying exclusive perks. Explore a World of Possibilities Whether you're engraving glassware for holiday dinners, creating leather-bound journals as gifts, or designing wood ornaments to adorn your tree, Monport Laser machines offer unmatched precision and versatility. Beginners and professionals alike can take advantage of the advanced features, intuitive controls, and exceptional performance Monport Laser is known for. Why Monport Laser? Monport Laser stands out as a trusted leader in the laser engraving industry. With a reputation for innovation and reliability, Monport's engravers are built to handle projects of all sizes - from hobbyist creations to professional-grade production. Here's what makes Monport a top choice for creators: By participating in the Christmas Laser Bonanza, you're not just upgrading your engraving tools - you're joining a vibrant community of creators who share your passion. Monport Laser is committed to supporting its customers with tutorials, resources, and dedicated support to help you unlock your full creative potential. Shop the Christmas Laser Bonanza The Christmas Laser Bonanza is available exclusively online at Monport Website and through authorized Monport Laser retailers. Whether you're shopping for yourself or searching for the perfect gift for the creator in your life, these unbeatable offers make it the ideal time to invest in premium laser engraving technology. About Monport Laser Monport Laser specializes in advanced laser engraving and cutting solutions, offering a wide range of products to meet diverse creative needs. Known for its cutting-edge technology, exceptional quality, and outstanding customer support, Monport is dedicated to fueling the creativity of its global community. With a strong focus on innovation, Monport continues to empower creators to bring their ideas to life. For more information about the Christmas Laser Bonanza, visit [ Company Website ] and discover the deals and rewards waiting for you this holiday season.Veralto Announces Increase in Quarterly Dividend
Malema Launches the CIFM-88 Series DuraMassFlow PFA Coriolis Industrial Flow Meter
Mission ProduceTM Announces Fiscal 2024 Fourth Quarter Financial ResultsNEW YORK & LONDON--(BUSINESS WIRE)--Dec 19, 2024-- Republic, a leading global investment platform at the intersection of finance and technology, is thrilled to announce the appointment of James Newman as General Partner – Fund Manager & Vice President of Operations at Republic. James Newman brings two decades of expertise spanning traditional finance, venture building, investing and the cutting edge of Web3 & digital assets. His diverse background and exceptional leadership will play a pivotal role in strengthening Republic’s position as a trailblazer in the investment space. Prior to joining Republic, James has worked extensively across the Brevan Howard and Web3 ecosystem, taking on key roles in investing, business building, and operations. Originally hired at Brevan Howard, his focus was Principal Investing across Crypto, Web3, Fintech, and Frontier Technologies. James was also a founding team member of WebN Group, a renowned incubator for Fintech and Web3 innovation, where over 18 months substantial equity value was created by incubating and scaling early-stage companies such as Twinstake, TruFin, Libre, Geometry, and Soter. James further demonstrated his operational acumen during his tenure at Elwood, a Digital Asset EMS & PMS provider backed by Goldman Sachs, Dawn, Citi Bank and Barclays, where he spent six months on secondment, restructuring and scaling the company’s operational policies and procedures. With eight years of extensive involvement in Web3, James began his career with nearly fifteen years of experience in investment banking, working across multi-asset trading, derivatives, sales, and structuring at top-tier global banks. “James’s depth of experience and strategic vision make him an exceptional addition to the Republic team,” said Andrew Durgee, President of Republic. “His ability to seamlessly navigate the intersections of traditional finance, digital assets, and Web3 innovation aligns perfectly with our mission to democratize access to transformative investment opportunities. We are excited to see the impact James will have as we continue to grow and evolve.” James’s appointment underscores Republic’s commitment to leveraging unparalleled expertise to expand the horizon of investment opportunities for its global community. “I’m thrilled to join Republic during such a transformative time in the financial industry,” said James Newman. “The convergence of digital assets and traditional finance presents immense investment and operational opportunities, and I look forward to driving innovation and investment alongside this talented team.” About Republic: Headquartered in New York City, Republic is a global financial firm operating an enterprise-focused digital merchant bank and a network of multi-jurisdictional retail-focused investment platforms. Backed by Valor Equity Partners, Galaxy Interactive, Morgan Stanley, Hashed, AngelList and other leading institutions, Republic boasts a portfolio of over 1500 companies and a community of nearly 3M members from over 100 countries. More than $2 billion has been deployed through investment platforms, funds, and firms within the Republic family of companies. Republic has established operations in the US, the UK, the UAE, South Korea, and Singapore. For more information on Republic, visit www.republic.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241219132421/en/ CONTACT: Media: Jasmyn Pizzimbono PR Strategy Manager Republic jasmyn@republic.com KEYWORD: NEW YORK EUROPE UNITED STATES UNITED KINGDOM NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES TECHNOLOGY WEB3 FINANCE FINTECH BANKING DIGITAL CASH MANAGEMENT/DIGITAL ASSETS SOURCE: Republic Copyright Business Wire 2024. PUB: 12/19/2024 04:07 PM/DISC: 12/19/2024 04:05 PM http://www.businesswire.com/news/home/20241219132421/en
Craig Wright Claimed to Have Invented Bitcoin, Found in Contempt of Court
Walmart's DEI rollback signals a profound shift in the wake of Trump's election victoryNEW YORK (AP) — Walmart's sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are re-evaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups. The changes announced by the world's biggest retailer on Monday followed a string of legal victories by conservative groups that have filed an onslaught of lawsuits challenging corporate and federal programs aimed at elevating minority and women-owned businesses and employees. The retreat from such programs crystalized with the election of former President Donald Trump, whose administration is certain to make dismantling diversity, equity and inclusion programs a priority. Trump's incoming deputy chief of policy will be his former adviser Stephen Miller , who leads a group called America First Legal that has aggressively challenged corporate DEI policies. “There has been a lot of reassessment of risk looking at programs that could be deemed to constitute reverse discrimination,” said Allan Schweyer, principal researcher at the Human Capital Center at the Conference Board. “This is another domino to fall and it is a rather large domino,” he added. Among other changes, Walmart said it will no longer give priority treatment to suppliers owned by women or minorities. The company also will not renew a five-year commitment for a racial equity center set up in 2020 after the police killing of George Floyd. And it pulled out of a prominent gay rights index . Schweyer said the biggest trigger for companies making such changes is simply a reassessment of their legal risk exposure, which began after U.S. Supreme Court’s ruling in June 2023 that ended affirmative action in college admissions. Since then, conservative groups using similar arguments have secured court victories against various diversity programs, especially those that steer contracts to minority or women-owned businesses. Most recently, the conservative Wisconsin Institute for Law & Liberty won a victory in a case against the U.S. Department of Transportation over its use of a program that gives priority to minority-owned businesses when it awards contracts. Companies are seeing a big legal risk in continuing with DEI efforts, said Dan Lennington, a deputy counsel at the institute. His organization says it has identified more than 60 programs in the federal government that it considers discriminatory, he said. “We have a legal landscape within the entire federal government, all three branches -- the U.S. Supreme Court, the Congress and the President -- are all now firmly pointed in the direction towards equality of individuals and individualized treatment of all Americans, instead of diversity, equity and inclusion treating people as members of racial groups,” Lennington said. The Trump administration is also likely to take direct aim at DEI initiatives through executive orders and other policies that affect private companies, especially federal contractors. “The impact of the election on DEI policies is huge. It can’t be overstated,” said Jason Schwartz, co-chair of the Labor & Employment Practice Group at law firm Gibson Dunn. With Miller returning to the White House, rolling back DEI initiatives is likely to be a priority, Schwartz said. “Companies are trying to strike the right balance to make clear they’ve got an inclusive workplace where everyone is welcome, and they want to get the best talent, while at the same time trying not to alienate various parts of their employees and customer base who might feel one way or the other. It’s a virtually impossible dilemma,” Schwartz said. A recent survey by Pew Research Center showed that workers are divided on the merits of DEI policies. While still broadly popular, the share of workers who said focusing on workplace diversity was mostly a good thing fell to 52% in the October survey, compared to 56% in a similar survey in February 2023. Rachel Minkin, a research associate at Pew, called it a small but significant shift in short amount of time. There will be more companies pulling back from their DEI policies, but it likely won’t be a retreat across the board, said David Glasgow, executive director of the Meltzer Center for Diversity, Inclusion and Belonging at New York University. “There are vastly more companies that are sticking with DEI," Glasgow said. "The only reason you don’t hear about it is most of them are doing it by stealth. They’re putting their heads down and doing DEI work and hoping not to attract attention.” Glasgow advises organizations to stick to their own core values, because attitudes toward the topic can change quickly in the span of four years. “It’s going to leave them looking a little bit weak if there’s a kind of flip-flopping, depending on whichever direction the political winds are blowing,” he said. One reason DEI programs exist is because without those programs, companies may be vulnerable to lawsuits for traditional discrimination. “Really think carefully about the risks in all directions on this topic,” Glasgow said. Walmart confirmed will no longer consider race and gender as a litmus test to improve diversity when it offers supplier contracts. Walmart says its U.S. businesses sourced more than $13 billion in goods and services from diverse suppliers in fiscal year 2024, including businesses owned by minorities, women and veterans. It was unclear how its relationships with such business would change going forward. Organizations that have partnered with Walmart on its diversity initiatives offered a cautious response. The Women’s Business Enterprise National Council, a non-profit that last year named Walmart one of America's top corporation for women-owned enterprises, said it was still evaluating the impact of Walmart's announcement. Pamela Prince-Eason, the president and CEO of the organization, said she hoped Walmart's need to cater to its diverse customer base will continue to drive contracts to women-owned suppliers even if the company has no explicit dollar goals. “I suspect Walmart will continue to have one of the most inclusive supply chains in the World,” Prince-Eason wrote. “Any retailer's ability to serve the communities they operate in will continue to value understanding their customers, (many of which are women), in order to better provide products and services desired and no one understands customers better than Walmart." Walmart's announcement came after the company spoke directly with conservative political commentator and activist Robby Starbuck, who has been going after corporate DEI policies, calling out individual companies on the social media platform X. Several of those companies have subsequently announced that they are pulling back their initiatives, including Ford , Harley-Davidson, Lowe’s and Tractor Supply . Walmart confirmed to The Associated Press that it will better monitor its third-party marketplace items to make sure they don’t feature sexual and transgender products aimed at minors. The company also will stop participating in the Human Rights Campaign’s annual benchmark index that measures workplace inclusion for LGBTQ+ employees. A Walmart spokesperson added that some of the changes were already in progress and not as a result of conversations that it had with Starbuck. RaShawn “Shawnie” Hawkins, senior director of the HRC Foundation’s Workplace Equality Program, said companies that “abandon” their commitments workplace inclusion policies “are shirking their responsibility to their employees, consumers, and shareholders.” She said the buying power of LGBTQ customers is powerful and noted that the index will have record participation of more than 1,400 companies in 2025.Spartan Capital Securities is Pleased to Announce the Hiring of Vito Coviello, Chief Financial ...
NoneA new coding tool will help make it easier for children to portably program a popular educational micro-computer on the fly. Researchers from Lancaster University's School of Computing and Communications working in partnership with researchers at Microsoft have evaluated a new programming tool called . A paper on this tool in the . Developed by Microsoft, MicroCode is an on-screen visual programming language that enables users to create simple programs to run on the BBC micro:bit V2, making use of the device's basic functions and sensors such as LED lights, speakers and a microphone. Despite the success of the micro:bit, with more than 8 million devices in circulation in more than 60 countries, there are key challenges to programming on these small devices—such as the need to plug the devices into a PC or laptop in order to create or change programs. The need to plug into separate computers can disrupt the programming process and can introduce distractions. By pairing a BBC micro:bit programmable device with a low-cost handheld accessory, called a display shield, MicroCode is displayed on the shield's screen. Display shields are already available to buy from several different companies. The simple rule-based software and cursor-based editing in the program enables users to input commands to build their programs directly on the micro:bit device. Researchers say by enabling coding on the fly, MicroCode overcomes the distraction problem. Steve Hodges, Distinguished Professor in Computing and Digital Systems, said, "It enables them to reprogram on the go. You can change your program on the fly instead of having to reconnect to the computer to iterate, which can completely disrupt flow. Laptops are a big distractor—if children are continually having to plug their devices into laptops, it becomes very easy for them to become distracted." Lancaster University researchers led the evaluation process of MicroCode by working with 60 pupils and five teachers at three in the Lancaster region. They found that MicroCode helped children become more engaged with coding activities because of the ease with which children can understand MicroCode's model, and that younger children were also better able to engage with programming on the . Teachers also reported the potential of MicroCode in helping to teach a broad spectrum of subjects beyond computing and technology—such as —as well as developing children's soft skills such as working together, empathy and imagination. Dr. Elisa Rubegni, Senior Lecturer at Lancaster University's School of Computing and Communications, head of the TICTAC research group, led the evaluation of MicroCode. She said, "MicroCode revolutionizes how children interact with coding, making programming simpler and more engaging while championing the democratization of access to technology and digital literacy. "Our approach places children and teachers as co-designers at the heart of the process, moving beyond mere technology development to focus on empowerment. By engaging with schools in Northern England, we address the urgent need to provide teachers and students in less privileged areas with equal access to technology and the skills necessary for digital literacy. Through close collaboration with the Micro:bit Educational Foundation, we are committed to strengthening our roles as researchers and educators in the era of digital media literacy." More details on MicroCode and the evaluation are outlined in the paper "Meet MicroCode: a Live and Portable Programming Tool for the BBC micro:bit."Looking for some good for your income portfolio? If you are, then look no further because the three ASX 200 dividend stocks is this article could be the ones for you. Let's see why analysts rate them as buys and what they expect them to payout in the near term: ( ) The first ASX 200 dividend stock that analysts are recommending as a buy is Centuria Industrial. It is Australia's largest domestic pure play industrial property investment company. Centuria Industrial notes that its portfolio of high-quality industrial assets is situated in key metropolitan locations throughout Australia and is underpinned by a quality and diverse tenant base. Its portfolio is overseen by a hands on, active manager and provides investors with income and an opportunity for capital growth from a pure play portfolio of high-quality Australian industrial assets. UBS is a fan. This is due to its attractive valuation and positive long term fundamentals. As for income, the broker is forecasting Centuria Industrial to pay dividends per share of 16 cents in FY 2025 and then 17 cents in FY 2026. Based on the current Centuria Industrial share price of $2.92, this represents dividend yields of 5.5% and 5.8%, respectively. UBS has a buy rating and $3.80 price target on its shares. ( ) Another ASX 200 dividend stock that has been given the thumbs up by analysts is Eagers Automotive. It is a leading auto retailer with over 250 locations across Australia and New Zealand. Its portfolio includes all 19 of the top 20 best-selling car brands in Australia and 9 of the top 10 luxury brands. The team at Bell Potter is positive on the company. So much so, the broker believes Eagers Automotive could surpass consensus expectations with its second-half performance in FY 2024. It expects this to support fully franked dividends of 66.5 cents per share in FY 2024 and then 73 cents per share in FY 2025. Based on its current share price of $11.34, this represents dividend yields of 5.9% and 6.4%, respectively. Bell Potter has a buy rating and $13.00 price target on its shares. ( ) Analysts at Bell Potter are also feeling bullish about retail giant Harvey Norman. The broker likes the ASX 200 dividend stock due to its exposure to the artificial intelligence (AI) megatrend. It believes Harvey Norman stands to benefit greatly from an AI driven major upgrade/replacement cycle of devices purchased during the COVID-19 pandemic. Its analysts also "view HVN as supported by exclusive access from brands/chip manufacturers given large format stores globally which are attractive to global technology brands/suppliers when launching new products." The broker expects this to underpin fully franked dividends of 25.9 cents per share in FY 2025 and then 28.5 cents per share in FY 2026. Based on the current Harvey Norman share price of $4.83, this equates to attractive 5.4% and 5.9% dividend yields, respectively. Bell Potter has a buy rating and $5.80 price target on its shares.
After 13 years of war, Bashar al-Assad’s regime in Syria has been defeated. What comes next?Atlanta, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Acuity Brands to Announce Fiscal 2025 First-Quarter Results on January 9, 2025 Atlanta, December 3, 2024 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (NYSE: AYI) (the “Company”) today announced that it is planning to release its fiscal 2025 first-quarter results on Thursday, January 9, 2025 at 6:00 a.m. (EST), followed by a conference call at 8:00 a.m. (EST). Neil Ashe, Chairman, President, and Chief Executive Officer of Acuity Brands will lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at www.investors.acuitybrands.com on Thursday, January 9, 2025. The online replay will remain available for a limited time following the call. A replay of the call will also be posted to the Investor Relations site two hours after the completion of the conference call and will be archived on the website. To learn more about Acuity Brands, please visit the Company's website . About Acuity Brands Acuity Brands, Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG), we design, manufacture, and bring to market products and services that make a valuable difference in people’s lives. We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management solutions, and location-aware applications. We achieve customer-focused efficiencies that allow us to increase market share and deliver superior returns. We look to aggressively deploy capital to grow the business and to enter attractive new verticals. Acuity Brands, Inc. is based in Atlanta, Georgia, with operations across North America, Europe, and Asia. The Company is powered by more than 12,000 dedicated and talented associates. Visit us at www.acuitybrands.com # # # # # Investor Contact: Charlotte McLaughlin Vice President, Investor Relations (404) 853-1456 investorrelations@acuitybrands.com Media Contact: April Appling Vice President, Corporate Communications & Events corporatecommunications@acuitybrands.com
MIAMI GARDENS, Fla. (AP) — Tua Tagovailoa wouldn't want to repeat everything that was said in the Miami Dolphins' huddle Sunday when they trailed the New York Jets in the fourth quarter. “Just know we were getting after everyone inside the huddle," Tagovailoa said, "to make sure you're blocking the way you need to block, you're running the routes the way you need to be — you need to be in the right spots." Whatever was said helped keep Miami's slim playoff hopes alive as the Dolphins (6-7) overcame 8- and 3-point fourth-quarter deficits, as well as one of Aaron Rodgers' best games in years, to beat the Jets 32-26. Tagovailoa sealed it with a 10-yard touchdown pass to Jonnu Smith in overtime to help the Dolphins spoil Rodgers' first 300-yard passing game in nearly three years and beat the Jets for the ninth straight time in Miami. After Jason Sanders tied it with 7 seconds left in regulation with a 42-yard field goal, Tagovailoa quickly moved the Dolphins down the field. That came after Anders Carlson gave the struggling Jets (3-10) — who were eliminated from postseason contention for the 14th straight year — the lead with a 42-yarder with 52 seconds remaining. But Malik Washington put the Dolphins in great position to help set up Sanders' field goal with a 45-yard kickoff return to Miami's 46-yard line. “It was one of those moments where you make a split (second)- decision and just take it and see what happens next," the rookie Washington said, "and be a football player.” Tagovailoa was 33 of 47 for 331 yards and two TDs. He had just one incompletion on Miami's eight-play, 70-yard scoring drive that was capped by Smith's fourth touchdown of the season. Smith didn’t have a reception before catching three passes for 44 yards on the winning drive. “A win means a lot,” said Tagovailoa, who has 300 yards passing in three straight games. “It means a lot because we have no room for error to lose another game." Rodgers was 27 of 39 for 339 yards, ending a drought of 34 regular-season games without a 300-yard passing game — dating to Dec. 12, 2021, while with Green Bay — and had a TD pass to Davante Adams. But Rodgers could only watch from the sideline in overtime as the Jets never got the ball after blowing a second straight second-half lead. “A lot of different ways we’ve lost these games,” Rodgers said. “Everybody has some skin on that, but we had opportunities on offense. Whatever happens on defense doesn’t matter. We got to get to 30 (points). We didn’t do it.” Rodgers and Adams connected for a 3-yard score in the third quarter, the pair's 79th touchdown in the regular and postseason. They passed Pittsburgh's Ben Roethlisberger and Antonio Brown for the fourth-most by a quarterback-receiver duo in NFL history. Adams finished with nine catches and 109 yards. Down 8 at the start of the fourth, Tagovailoa found Tyreek Hill for a 4-yard touchdown, and Jaylen Waddle caught the two-point conversion to tie it at 23. Hill caught 10 passes for 115 yards, and Waddle added 99 yards on nine catches. The Jets had taken a 20-15 lead in the third on Adams' touchdown that was set up by a 42-yard pickup by Garrett Wilson, who beat cornerback Jalen Ramsey on a double move to get open. A 40-yard field goal by Carlson later stretched New York's lead to 8 after the Dolphins went scoreless in the quarter. “Actually, when we were down 23-15, when we were trotting back on the field, everybody knew what was at stake at that moment,” Hill said. “We know if we lose, it’s over. Our season is over.” The matchup pitted the Jets' No. 2-ranked pass defense against Tagovailoa, the NFL's most accurate passer, and Miami's No. 9-ranked pass defense against the four-time MVP Rodgers who has had a subpar season. Both quarterbacks were strong and the teams played rather evenly at first, with each scoring on their first three possessions. The first punt of the game was on Miami's first drive of the second half, and the Jets scored on their first five possessions. Tagovailoa had just three incompletions in the first half and was 3 for 3 on Miami's final drive of the second quarter, moving the Dolphins into field goal range in 45 seconds to set up a 57-yarder by Sanders, which tied the kicker's career best. Sanders also made kicks of 39 and 24 yards, and De'Von Achane had a 2-yard touchdown run on Miami's opening possession. Rodgers moved the Jets inside Miami's 20 three times in the first half. Isaiah Davis ran for a 17-yard score, and Carlson made field goals of 28 and 30 yards. Wilson caught seven passes for 114 yards. Jets: RT Morgan Moses injured his wrist during pregame warmups. He started, but was replaced during the game by Max Mitchell. ... WR Irvin Charles left with a knee injury. Dolphins: LT Terron Armstead left early after apparently tweaking the knee that sidelined him this week in practice. ... WR Dee Eskridge (knee) and LB Anthony Walker Jr (hamstring) were also injured. Jets: At Jacksonville next Sunday. Dolphins: At Houston next Sunday. AP NFL: https://apnews.com/hub/NFLBy KAREEM CHEHAYEB BEIRUT (AP) — In 2006, after a bruising monthlong war between Israel and Lebanon’s powerful Hezbollah militant group, the United Nations Security Council unanimously voted for a resolution to end the conflict and pave the way for lasting security along the border. But while there was relative calm for nearly two decades, Resolution 1701’s terms were never fully enforced. Now, figuring out how to finally enforce it is key to a U.S.-brokered ceasefire deal approved by Israel on Tuesday. In late September, after nearly a year of low-level clashes , the conflict between Israel and Hezbollah spiraled into all-out war and an Israeli ground invasion . As Israeli jets pound deep inside Lebanon and Hezbollah fires rockets deeper into northern Israel, U.N. and diplomatic officials again turned to the 2006 resolution in a bid to end the conflict. Years of deeply divided politics and regionwide geopolitical hostilities have halted substantial progress on its implementation, yet the international community believes Resolution 1701 is still the brightest prospect for long-term stability between Israel and Lebanon. Almost two decades after the last war between Israel and Hezbollah, the United States led shuttle diplomacy efforts between Lebanon and Israel to agree on a ceasefire proposal that renewed commitment to the resolution, this time with an implementation plan to try to bring the document back to life. What is UNSC Resolution 1701? In 2000, Israel withdrew its forces from most of southern Lebanon along a U.N.-demarcated “Blue Line” that separated the two countries and the Israeli-annexed Golan Heights, which most of the world considers occupied Syrian territory. U.N. peacekeeping forces in Lebanon, known as UNIFIL , increased their presence along the line of withdrawal. Resolution 1701 was supposed to complete Israel’s withdrawal from southern Lebanon and ensure Hezbollah would move north of the Litani River, keeping the area exclusively under the Lebanese military and U.N. peacekeepers. Up to 15,000 U.N. peacekeepers would help to maintain calm, return displaced Lebanese and secure the area alongside the Lebanese military. The goal was long-term security, with land borders eventually demarcated to resolve territorial disputes. The resolution also reaffirmed previous ones that call for the disarmament of all armed groups in Lebanon — Hezbollah among them. “It was made for a certain situation and context,” Elias Hanna, a retired Lebanese army general, told The Associated Press. “But as time goes on, the essence of the resolution begins to hollow.” Has Resolution 1701 been implemented? For years, Lebanon and Israel blamed each other for countless violations along the tense frontier. Israel said Hezbollah’s elite Radwan Force and growing arsenal remained, and accused the group of using a local environmental organization to spy on troops. Lebanon complained about Israeli military jets and naval ships entering Lebanese territory even when there was no active conflict. “You had a role of the UNIFIL that slowly eroded like any other peacekeeping with time that has no clear mandate,” said Joseph Bahout, the director of the Issam Fares Institute for Public Policy at the American University of Beirut. “They don’t have permission to inspect the area without coordinating with the Lebanese army.” UNIFIL for years has urged Israel to withdraw from some territory north of the frontier, but to no avail. In the ongoing war, the peacekeeping mission has accused Israel, as well as Hezbollah , of obstructing and harming its forces and infrastructure. Hezbollah’s power, meanwhile, has grown, both in its arsenal and as a political influence in the Lebanese state. The Iran-backed group was essential in keeping Syrian President Bashar Assad in power when armed opposition groups tried to topple him, and it supports Iran-backed groups in Iraq and Yemen. It has an estimated 150,000 rockets and missiles, including precision-guided missiles pointed at Israel, and has introduced drones into its arsenal . Hanna says Hezbollah “is something never seen before as a non-state actor” with political and military influence. How do mediators hope to implement 1701 almost two decades later? Israel’s security Cabinet approved the ceasefire agreement late Tuesday, according to Prime Minister Benjamin Netanyahu’s office. The ceasefire is set to take hold at 4 a.m. local time Wednesday. Efforts led by the U.S. and France for the ceasefire between Israel and Hezbollah underscored that they still view the resolution as key. For almost a year, Washington has promoted various versions of a deal that would gradually lead to its full implementation. International mediators hope that by boosting financial support for the Lebanese army — which was not a party in the Israel-Hezbollah war — Lebanon can deploy some 6,000 additional troops south of the Litani River to help enforce the resolution. Under the deal, an international monitoring committee headed by the United States would oversee implementation to ensure that Hezbollah and Israel’s withdrawals take place. It is not entirely clear how the committee would work or how potential violations would be reported and dealt with. The circumstances now are far more complicated than in 2006. Some are still skeptical of the resolution’s viability given that the political realities and balance of power both regionally and within Lebanon have dramatically changed since then. “You’re tying 1701 with a hundred things,” Bahout said. “A resolution is the reflection of a balance of power and political context.” Now with the ceasefire in place, the hope is that Israel and Lebanon can begin negotiations to demarcate their land border and settle disputes over several points along the Blue Line for long-term security after decades of conflict and tension.UN Resolution 1701 is at the heart of the Israel-Hezbollah ceasefire deal. What is it?
Justin Trudeau taking the time to reflect following Freeland departureStrong top and bottom-line results driven by ongoing strength of the Marketing & Distribution segment Operating cash flow for full year fiscal 2024 increased by $64.2 million versus fiscal 2023 OXNARD, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (Nasdaq: AVO) (“Mission” or the “Company”), a world leader in sourcing, producing, and distributing fresh Hass avocados with additional offerings in mangos and blueberries, today reported its financial results for the fiscal fourth quarter ended October 31, 2024. Fiscal Fourth Quarter 2024 Financial Overview: Total revenue increased 37% to $354.4 million compared to the same period last year Net income of $17.3 million, or $0.24 per diluted share, compared to $4.0 million, or $0.06 per diluted share, for the same period last year Adjusted net income of $19.6 million, or $0.28 per diluted share, compared to $7.5 million, or $0.11 per diluted share, for the same period last year Adjusted EBITDA increased 113% to $36.9 million, compared to $17.3 million in the same period last year Full Year 2024 Financial Overview Total revenue increased 29% to $1.23 billion compared to prior year, primarily driven by higher average per-unit avocado sales prices. Blueberries and mangos also contributed to growth as industry supply constraints supported a higher pricing environment Net income of $36.7 million, or $0.52 per diluted share, compared to net loss of $(2.8) million or $(0.04) per diluted share in the prior year Adjusted net income of $52.8 million, or $0.74 per diluted share, compared to $13.3 million, or $0.19 per diluted share last year Adjusted EBITDA increased 123% to $107.8 million compared to $48.4 million in the prior year driven primarily by stronger per-unit gross profit performance from the Marketing & Distribution and Blueberries segments, the latter of which correlated directly to the higher pricing environment experienced during the fiscal year Owned exportable avocado production volume decreased approximately 60% to 43 million pounds for the 2024 harvest season; volume was negatively impacted by weather-related events in the current year Cash flow from operations was $93.4 million compared to $29.2 million in the prior year CEO Message “Mission delivered a strong fourth quarter that rounded out an exceptional full year fiscal 2024 performance where we realized $1.23 billion in revenue and generated $107.8 million in adjusted EBITDA, demonstrating the strength of our business model and industry leading positioning,” stated Steve Barnard, CEO of Mission. “As previously announced, our Marketing & Distribution segment drove the strong fourth quarter performance, successfully leveraging our global sourcing network amid a sustained higher pricing environment to achieve per-unit margins exceeding our targeted range. The positive impact of our fourth quarter performance combined with our solid operational execution across the fiscal year drove a $64.2 million increase in operating cash flow versus fiscal 2023, further strengthening our capital structure and enhancing our flexibility.” Mr. Barnard continued, “Looking ahead to fiscal 2025, we will continue to focus on operational excellence, strategic growth initiatives, and sound capital allocation to drive shareholder value. While we anticipate some pricing moderation as additional supply sources become available, this environment typically supports increased consumption, and we remain well-positioned to capitalize on this growth through our unique capability to provide consistent year-round avocado supply. Beyond avocados, we are also excited about growing our mango program and expanding our presence in blueberries this year, both of which leverage our existing assets and capabilities while providing additional long-term growth opportunities.” Fiscal Fourth Quarter 2024 Consolidated Financial Review Total revenue for the fourth quarter of fiscal 2024 increased $96.5 million or 37% to $354.4 million compared to the same period last year. The increase was primarily driven by the Marketing & Distribution segment, where average per-unit avocado sales prices increased 36% on relatively flat avocado volume sold. These price and volume dynamics resulted from constrained avocado supply during the quarter due to weather impacts on fruit development and production in Peru. Despite lower Peruvian volumes, the Company effectively leveraged its diverse sourcing network across California, Colombia, and Mexico to drive a 9% increase in North American avocado sales volumes compared to the prior year. Mission’s strategic decision to prioritize the North American market, combined with strong consumer demand at higher price points and retail promotional activity contributed to the favorable pricing dynamics. Gross profit increased $28.0 million in the fourth quarter of fiscal 2024 to $55.8 million, compared to the same period last year, and gross profit percentage increased 490 basis points, to 15.7% of revenue. The increases were primarily attributed to strong per-unit margins on avocados sold in the Marketing and Distribution segment. The Blueberries segment also contributed to the increase with higher volumes while per-unit margins remained generally consistent with the prior year. Selling, general and administrative expense (“SG&A”) for the fourth quarter increased $6.6 million or 32% to $27.2 million, compared to the same period last year primarily due to higher employee related costs, including performance-based incentive compensation and stock-based compensation expense and statutory profit-sharing expense. Higher performance-based incentive compensation is largely explained by the Company’s improved operating performance for the fiscal year relative to the prior year. Net income for the fourth quarter of fiscal 2024 was $17.3 million, or $0.24 per diluted share, compared to $4.0 million, or $0.06 per diluted share, for the same period last year. Adjusted net income for the fourth quarter of fiscal 2024 was $19.6 million, or $0.28 per diluted share, compared to $7.5 million, or $0.11 per diluted share, for the same period last year. Adjusted EBITDA was $36.9 million for the fourth quarter of fiscal 2024, an increase of $19.6 million or 113% as compared to $17.3 million in the prior year period, driven primarily by stronger per-unit gross profit performance from the Marketing & Distribution and Blueberries segments. Fiscal Fourth Quarter Business Segment Performance Marketing & Distribution Net sales in the Marketing & Distribution segment increased 35% to $319.6 million for the fourth quarter, driven by avocado pricing increases as described previously. Segment adjusted EBITDA increased $14.8 million or 137% to $25.6 million, primarily due to improved per-unit gross margin on avocados sold. International Farming Total sales in the International Farming segment for the fourth quarter were $30.3 million, compared to $40.3 million for the same period last year primarily due to lower volumes of owned avocados sold, stemming from unfavorably warm weather conditions in Peru during the early stages of fruit development, partially offset by higher average sales prices that were supported by constrained industry volumes. Segment adjusted EBITDA was $2.7 million, compared to $1.1 million for the same period last year, as higher sales prices and cost savings measures more than offset the adverse impact of lower harvest yields on fixed cost absorption. Blueberries Sales in the Blueberries segment have traditionally been concentrated in the first and fourth quarters of the fiscal year in alignment with the Peruvian blueberry harvest season. Net sales in the Blueberries segment increased 62% to $31.6 million for the fourth quarter, compared to $19.5 million for the same period last year, driven by volume from new plantings and yield improvements. Yield growth was driven by improved weather patterns during the current harvest season in Peru, as cooler temperatures have been experienced since the end of El Niño conditions in May 2024. Segment adjusted EBITDA increased 59% to $8.6 million for the fourth quarter, compared to $5.4 million for the same period last year, as a result of the growth in volumes. Balance Sheet and Cash Flow Cash and cash equivalents were $58.0 million as of October 31, 2024, compared to $42.9 million as of October 31, 2023. Net cash provided by operating activities improved by $64.2 million to $93.4 million for the year ended October 31, 2024, as compared to $29.2 million last year. The growth in operating cash flow was primarily driven by improved operating performance during fiscal 2024. Further supporting the improvement in operating cash flow was favorable working capital management. While higher avocado pricing drove increases in inventory and accounts receivable, these increases were more than offset by higher grower payable balances, driven primarily by those same higher prices, and higher accounts payable and accrued expenses, the latter of which was significantly impacted by incentive compensation and statutory profit-sharing accruals in the current year. In addition, higher accounts payable and accrued expenses were attributed to the impact of higher volume and increased acreage within our Blueberries segment. Capital expenditures were $32.2 million for the year ended October 31, 2024 compared to $49.8 million last year. Capital expenditures were comprised primarily of avocado orchard development, pre-production orchard maintenance and land improvements in Guatemala; pre-production avocado orchard maintenance, blueberry land development and plant cultivation, and blueberry cooling facility construction costs in Peru; and distribution facility construction costs in the United Kingdom. During 2024, the International Farming segment also began construction of a pack house in Guatemala. Outlook For the first quarter of fiscal year 2025, the Company is providing the following industry outlooks that will drive performance: Industry volumes in the fiscal 2025 first quarter are expected to be consistent with the prior year period. While supply from Mexico has been constrained during the early part of the quarter due to fruit maturity and sizing, we expect industry volumes to ramp up as we move to the latter portion of quarter as we expect a larger Mexican harvest season. Pricing is expected to be higher on a year-over-year basis by approximately 20% compared to the $1.40 per pound average experienced in the first quarter of fiscal 2024, indicative of continued strength in demand. The blueberries harvest season in Peru will peak during the first quarter. The Company expects to see meaningful volume increases from owned farms resulting from yield improvements and new acreage in production, but the impact on revenue will likely be offset by lower average sales prices resulting from higher overall industry volumes from Peru. Pricing is expected to be approximately 30% lower compared to the first quarter of fiscal 2024, which will negatively impact segment adjusted EBITDA during the quarter as compared to the previous year when weather-related supply constraints led to abnormally high sales prices. Capital expenditures were lower than expected for fiscal 2024 by approximately $10 million due to the timing of vendor payments associated with packhouse construction in Guatemala and blueberry plant development in Peru, both of which will carryover into fiscal 2025. For fiscal 2025, total capital expenditures inclusive of the 2024 carryover are expected to be between $50 to $55 million. The spend will be allocated primarily to the International Farming and Blueberries segments. Within the International Farming segment, spend will be concentrated in Guatemala for pre-production avocado orchard maintenance and packhouse construction. Within the Blueberries segment, spend will be concentrated on land development and plant cultivation in Peru. Conference Call and Webcast As previously announced, the Company will host a conference call to discuss its fourth quarter of fiscal 2024 financial results today at 5:00 p.m. ET. The conference call can be accessed live over the phone by dialing (877) 407-9039 or for international callers by dialing (201) 689-8470. A replay of the call will be available through January 2, 2025 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13750485. The live audio webcast of the conference call will be accessible in the News & Events section on the Company's Investor Relations website at https://investors.missionproduce.com. An archived replay of the webcast will also be available shortly after the live event has concluded. Non-GAAP Financial Measures This press release contains the non-GAAP financial measures “adjusted net income” and “adjusted EBITDA.” Management believes these measures provide useful information for analyzing the underlying business results. These measures are not in accordance with, nor are they a substitute for or superior to, the comparable financial measures by generally accepted accounting principles. Adjusted net income (loss) refers to net income (loss) attributable to Mission Produce, before stock-based compensation expense, unrealized gain (loss) on derivative financial instruments, foreign currency gain (loss), farming costs for nonproductive orchards (which represents land lease costs), recognition of deferred ERP costs, transaction costs, amortization of inventory adjustments and intangible asset recognized from business combinations, further adjusted by any special, non-recurring, or one-time items such as remeasurement, impairment or discrete tax charges that are distortive to results, and tax effects of these items, if any, and the tax-effected impact of these non-GAAP adjustments attributable to noncontrolling interest, allocable to the noncontrolling owners based on their percentage of ownership interest. Adjusted EBITDA refers to net income (loss), before interest expense, income taxes, depreciation and amortization expense, stock-based compensation expense, other income (expense), and income (loss) from equity method investees, further adjusted by asset impairment and disposals, net of insurance recoveries, farming costs for nonproductive orchards (which represents land lease costs), recognition of deferred ERP costs, transaction costs, amortization of inventory adjustments recognized from business combinations, and any special, non-recurring, or one-time items such as remeasurements or impairments, and any portion of these items attributable to the noncontrolling interest. Effective for the fourth quarter of 2024, the Company made a change in presentation of its reconciliation of adjusted EBITDA to its comparable GAAP financial measure to include a subtotal of the non-GAAP adjustments before the effect of the noncontrolling interest adjustment called “adjusted EBITDA before adjustment for noncontrolling interest.” The presentation change has no impact to total adjusted EBITDA. The Company believes the addition of the subtotal within the reconciliation is useful because it better aligns with management’s sequence of review of the information in the reconciliation. Reconciliations of these non-GAAP financial measures to the most comparable GAAP measure are provided in the table at the end of this press release. About Mission Produce, Inc. Mission Produce is a global leader in the worldwide avocado business with additional offerings in mangos and blueberries. Since 1983, Mission Produce has been sourcing, producing and distributing fresh Hass avocados, and currently services retail, wholesale and foodservice customers in over 25 countries. The vertically integrated Company owns and operates four state-of-the-art packing facilities in key growing locations globally, including California, Mexico and Peru and has additional sourcing capabilities in Chile, Colombia, the Dominican Republic, Guatemala, Brazil, Ecuador, South Africa and more, which allow the company to provide a year-round supply of premium fruit. Mission’s global distribution network includes strategically positioned forward distribution centers across key markets throughout North America, China, Europe, and the UK, offering value-added services such as ripening, bagging, custom packing and logistical management. For more information, please visit www.missionproduce.com . Forward-Looking Statements Statements in this press release that are not historical in nature are forward-looking statements that, within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, involve known and unknown risks and uncertainties. Words such as "may", "will", "expect", "intend", "plan", "believe", "seek", "could", "estimate", "judgment", "targeting", "should", "anticipate", "goal" and variations of these words and similar expressions, are also intended to identify forward-looking statements. The forward-looking statements in this press release address a variety of subjects, including statements about our short-term and long-term assumptions, goals and targets. Many of these assumptions relate to matters that are beyond our control and changing rapidly. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurances that our expectations will be attained. Readers are cautioned that actual results could differ materially from those implied by such forward-looking statements due to a variety of factors, including: reliance on primarily one main product; limitations regarding the supply of fruit, either through purchasing or growing; fluctuations in the market price of fruit; increasing competition; risks associated with doing business internationally, including Mexican and Peruvian economic, political and/or societal conditions; inflationary pressures; establishment of sales channels and geographic markets; loss of one or more of our largest customers; general economic conditions or downturns; supply chain failures or disruptions; disruption to the supply of reliable and cost-effective transportation; failure to recruit or retain employees, poor employee relations, and/or ineffective organizational structure; inherent farming risks, including climate change; seasonality in operating results; failures associated with information technology infrastructure, system security and cyber risks; new and changing privacy laws and our compliance with such laws; food safety events and recalls; failure to comply with laws and regulations; changes to trade policy and/or export/import laws and regulations; risks from business acquisitions, if any; lack of or failure of infrastructure; material litigation or governmental inquiries/actions; failure to maintain or protect our brand; changes in tax rates or international tax legislation; risks associated with global conflicts; inability to accurately forecast future performance; the viability of an active, liquid, and orderly market for our common stock; volatility in the trading price of our common stock; concentration of control in our executive officers, and directors over matters submitted to stockholders for approval; limited sources of capital appreciation; significant costs associated with being a public company and the allocation of significant management resources thereto; reliance on analyst reports; failure to maintain proper and effective internal control over financial reporting; restrictions on takeover attempts in our charter documents and under Delaware law; the selection of Delaware as the exclusive forum for substantially all disputes between us and our stockholders; risks related to restrictive covenants under our credit facility, which could affect our flexibility to fund ongoing operations, uses of capital and strategic initiatives, and, if we are unable to maintain compliance with such covenants, lead to significant challenges in meeting our liquidity requirements and acceleration of our debt; and other risks and factors discussed from time to time in our Annual and Quarterly Reports on Forms 10-K and 10-Q and in our other filings with the Securities and Exchange Commission. You can obtain copies of our SEC filings on the SEC’s website at www.sec.gov. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation does not intend to, nor does it assume any obligation to, update or supplement any forward-looking statements after the date hereof to reflect actual results or future events or circumstances. Contacts: Investor Relations ICR Jeff Sonnek 646-277-1263 jeff.sonnek@icrinc.com Media Jenna Aguilera Marketing Communications Manager Mission Produce, Inc. press@missionproduce.com The following tables reconcile the non-GAAP measures “adjusted net income” and “adjusted EBITDA” to their comparable GAAP measures. Refer also to “Non-GAAP Financial Measures” earlier in this press release. Adjusted Net Income (1) During the three months ended October 31, 2024, $0.3 million related to blueberry orchards and $0.4 million related to avocado orchards. During the twelve months ended October 31, 2024, $2.5 million related to the blueberry orchards and $1.7 million related to avocado orchards. During the three months ended October 31, 2023, $0.5 million related to the development of blueberry orchards and $0.5 million related to avocado orchards. During the twelve months ended October 31, 2023, $2.0 million related to the development of blueberry orchards and $1.8 million related to avocado orchards. (2) Represents accelerated depreciation expense for certain blueberry plants determined to have no remaining useful life. (3) Tax effects are calculated using applicable rates that each adjustment relates to. (4) Represents net income or loss attributable to noncontrolling interest plus the impact of tax-effected non-GAAP adjustments, allocable to the noncontrolling owner based on their percentage of ownership interest. Adjusted EBITDA (1) Includes interest expense from finance leases, the most significant of which is for nonproductive land at our Blueberries segment of $0.3 million and $0.4 million for the three months ended October 31, 2024 and 2023, respectively, and $1.8 million and $1.4 million for the twelve months ended October 31, 2024 and 2023, respectively. (2) Includes depreciation and amortization of purchase accounting assets of $0.2 million and $0.6 million for the three months ended October 31, 2024 and 2023, respectively, and $3.7 million and $2.4 million for the twelve months ended October 31, 2024 and 2023, respectively. Includes amortization of finance leases, the most significant of which is for nonproductive land at our Blueberries segment of less than a million and $0.1 million for the three months ended October 31, 2024 and 2023, respectively, and $0.7 million and $0.6 million for the twelve months ended October 31, 2024 and 2023, respectively. The twelve months ended October 31, 2024 include $4.1 million of accelerated depreciation expense recognized during the first quarter of 2024, for certain blueberry plants determined to have no remaining useful life. (3) Represents net income (loss) attributable to noncontrolling interest plus the impact of non-GAAP adjustments, allocable to the noncontrolling owner based on their percentage of ownership interest. Segment Sales Avocado Sales Sales by TypeThis is the third Netflix special from Ronny Chieng , although curiously, his first two specials are not currently available for streaming on the platform?!? Is it because Chieng currently co-stars in the new Hulu series, Interior Chinatown ? That cannot possibly explain why Netflix is keeping The Daily Show comedian’s back catalog in hiding. Especially because his stand-up has been so incisive. And it continues apace here. RONNY CHIENG: LOVE TO HATE IT : STREAM IT OR SKIP IT? The Gist: Ronny Chieng, familiar to fans of The Daily Show as well as of the Marvel Cinematic Universe (he jokes in this hour about one such awkwardly-timed encounter when he was recognized for his role in Shang-Chi and the Legend of the Ten Rings ), filmed his third Netflix special in Honolulu. Hawaii has a special place in his heart, and not just because he filmed the Disney+ series, Doogie Kameāloha, M.D. , there. Chieng relates how he not only has encountered people who politically side with MAGA on the islands, but also how he has adapted to maintain friendships with them despite their political and philosophical differences. He similarly takes a deep dive into the dark side of men’s self-help influencers online. And he makes fun of himself for the responsibility he was given in helping his wife’s fertility treatments, all while reflecting on what he might be like if he becomes a parent, or if he becomes anything like his own parents. What Comedy Specials Will It Remind You Of?: Quite a few stand-ups have filmed specials in Hawaii. Among recent entries to the field, hours from Jo Koy ( Comin’ In Hot ), Gabriel Iglesias ( Aloha Fluffy ), and Anjelah Johnson ( Mahalo & Goodnight ). But Chieng’s sensibility onstage as an immigrant with astute political observations on America shares a lot more with his former co-worker at Comedy Central: Trevor Noah. Memorable Jokes: Chieng opens by making fun of his friends and classmates for how becoming parents has made them look older and uglier, joking that having kids means you’ve given up on your own hopes and dreams. “I’m still trying here!” he exclaims. And yet, he and his wife are still preparing for the possibility of parenthood, which leads into a chunk about fertility treatments and his role in that. Much of this is well-trodden ground for men in comedy, but Chieng still gets enjoyment from us and himself out of what the fertility process says about the American healthcare system, as well as what it says about men and their sexual habits. Besides, it leads to a funny sight gag where Chieng attempts to bring his semen sample back to the lab, only to be recognized by a Shang-Chi fan. Chieng digs a bit deeper when he weighs in on how something as simple as wanting to learn how to lift weights can lead straight men down an algorithmic rabbit hole on YouTube, where they’re eventually served up videos by Jordan Peterson and Andrew Tate, and then get primed up to riot within a matter of weeks. “That’s not even an exaggerated timeline,” Chieng claims. “Every man in this room has lost a buddy to the algorithm. We all now someone who lost their f—ing mind on that men’s self-help, Andrew Tate masculinity, YouTube self-help algorithm.” He notes how even the richest people behind the algorithms fall victim to this, and how he himself isn’t immune to it, either. “We’re on a razor’s edge to being a piece of shit,” Chieng says. “An Instagram post could push it either way.” Filming this before the elections, Chieng also reminds us that the people who support Donald Trump “have a point, but you don’t have the vocabulary to describe your reality because you didn’t read enough,” and he counts some of the ways in which America has lost touch with its own greatness, going farther and further into detail than you’d expect a comedian to do. If only he could figure out how to talk to Baby Boomers like his parents, though, and get them to see through all of the scams and misinformation out there. Our Take: Whereas too many comedians today may see our divisions and look to take advantage of them for their own self-interested profit motive, Chieng speaks with a refreshing awareness and astuteness about how Americans are divided but perhaps not in as many ways as we’re led to believe. His bits about social media algorithms and influencers and socio-economic trends demonstrate a savviness and sophistication that not only make him a great correspondent for The Daily Show , but also would serve the show well were they ever to promote him as a permanent anchor for the late-night satire. And then there’s his increasing self-awareness about his place within his own family. It’s at once brutal, and at its core, quite touching to witness Chieng go after his parents and their generation for not only being out of touch with technology but also for leaning into stereotypes about parents who would rather their children become lawyers or doctors than comedians. Stand-up comedy, Chieng says onstage, is and was “the only thing I ever wanted to do my whole life,” and he adds: “you guys are cheering because you know this is way better than having kids.” And yet he realizes he might become his own parents should he ever have a kid who wants to go into comedy. Which might not turn out to be a bad thing, as Chieng reveals in a closing story how much he discovered about his own relationship with his father after his father suddenly died on Christmas Eve in 2018. It leads to some bittersweet moments, even if in the end, Chieng can claim victory in a long-running sibling rivalry. He’s also winning these days in comedy, too. Our Call: STREAM IT. My colleague Jason Zinoman over at The New York Times proclaimed this the best comedy special of 2024. I haven’t finished compiling my annual Top 10, so I’m not as willing to commit to that just yet, but I can safely say that Chieng’s observational comedy ranks quite high compared to his comedy peers these days, of any generation. Sean L. McCarthy works the comedy beat. He also podcasts half-hour episodes with comedians revealing origin stories: The Comic’s Comic Presents Last Things First .Geoffrey Hinton says he doesn’t regret the work he did that laid the foundations of artificial intelligence, but wishes he thought of safety sooner. The British-Canadian computer scientist often called the godfather of AI said over the weekend that he doesn’t have any guilty regret, which he said is when someone has done something when they know they shouldn’t have at the time. “In the same circumstances, I would do the same again,” he said of his research, which dates back to the 1980s and has formed the underpinnings of AI. “However, I think it might have been unfortunate in that we’re going to get superintelligence faster than I thought, and I wish I’d thought about safety earlier.” Superintelligence surpasses the abilities of even the smartest humans. Hinton thinks it could arrive in the next five to 20 years and humanity may have to “worry seriously about how we stay in control.” Hinton made his prediction during a press conference in Stockholm, where he is due to receive the Nobel Prize in physics on Tuesday. Hinton, a University of Toronto professor emeritus, and co-laureate John Hopfield, a Princeton University professor, are being given the prize because they developed some of the foundations of machine learning, a computer science that helps AI mimic how humans learn. Hinton kicked off his Nobel week on Saturday with the press conference, where he appeared with laureates in chemistry and economics and was asked about AI safety and regulation. Hinton left a job at Google last year to speak more freely about the technology’s dangers, which he has said could include job losses, bias and discrimination, echo chambers, fake news, battle robots and even the end of humanity. On Saturday, he said he considers lethal autonomous weapons to be a short-term danger. “There isn’t going to be any regulation there,” he said, pointing out that European regulations have a specific clause exempting military use of AI from restrictions. “Governments are unwilling to regulate themselves, when it comes to lethal autonomous weapons, and there is an arms race going on between all the major arms suppliers like the United States, China, Russia, Britain, Israel and possibly even Sweden, though I don’t know.” A day later, Hinton put his concerns about AI aside to deliver a lecture with Hopfield explaining the research that earned them their Nobel. “Today I am going to do something very foolish.” Hinton said in introducing his portion of the pair’s hour-long speech. “I am going to try and describe a complicated technical idea for a general audience without using any equations.” The audience chuckled. The talk began with Hopfield describing a network he invented that could store and reconstruct images in data. It led Hinton to later create the Boltzmann machine, which learns from examples, rather than instructions, and when trained, can recognize familiar characteristics in information, even if it has not seen that data before. Hinton said students in his lab and others run by fellow AI pioneers Yoshua Bengio and Yann LeCun were using Boltzmann machines to pre-train neural networks — machine learning models that make decisions in a manner similar to the human brain — between 2006 and 2011. By 2009, two of Hinton’s students had shown the technique “worked a little bit better than the best existing techniques for recognizing fragments of phonemes in speech and that then changed the speech recognition community,” Hinton said. Phonemes are small units of sound that can change the meaning of a word. Google later began working on technology based on Hinton’s discoveries and “suddenly the speech recognition on the Android got a lot better.” Even though the kind of Boltzmann machines Hinton was working with back then are no longer used in the same ways as he used them, he said “they allowed us to make the transition from thinking that deep neural networks would never work to seeing that deep neural networks actually could be made to work.” Nobel Week will continue Monday with a discussion about the future of health before an awards ceremony and banquet is held Tuesday. Hinton has said he will donate a portion of the prize money — equivalent to about C$1.45 million — he and Hopfield will be given to Water First, which is working to boost Indigenous access to water, and a charity supporting neurodiverse young adults. He is also reportedly due to donate an early Boltzmann chip to the Nobel Prize Museum. The Nobel is not the only prize Hinton scooped up this month. On Friday, he, Bengio, LeCun, Chinese-American computer scientist Fei-Fei Li and Nvidia founder Jensen Huang, were awarded the Vin Future Prize, a US$3 million prize for science breakthroughs in a ceremony in Vietnam. Hinton, Bengio and LeCun previously won the A.M. Turing Award, known as the Nobel Prize of computing, together in 2018. This report by The Canadian Press was first published on Dec. 8, 2024. Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our daily newsletter, Posted, here .