WALTHAM, Mass. , Dec. 3, 2024 /PRNewswire/ -- Syndax Pharmaceuticals (Nasdaq: SNDX), a commercial-stage biopharmaceutical company developing an innovative pipeline of cancer therapies, today announced that on December 1, 2024 the Company granted inducement awards to purchase up to 23,900 shares of common stock to two new employees under the Company's 2023 Inducement Plan. The stock options will vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the vesting commencement date and 1/48th of the underlying shares vesting monthly thereafter over 36 months, subject to the employee's continued service relationship with Syndax through the applicable vesting dates. About Syndax Syndax Pharmaceuticals is a commercial-stage biopharmaceutical company developing an innovative pipeline of cancer therapies. Highlights of the Company's pipeline include Revuforj ® (revumenib), an FDA-approved menin inhibitor, and NiktimvoTM (axatilimab-csfr), an FDA-approved monoclonal antibody that blocks the colony stimulating factor 1 (CSF-1) receptor. Fueled by our commitment to reimagining cancer care, Syndax is working to unlock the full potential of its pipeline and is conducting several clinical trials across the continuum of treatment. For more information, please visit www.syndax.com or follow the Company on X (formerly Twitter) and LinkedIn . Syndax Contact Sharon Klahre Syndax Pharmaceuticals, Inc. sklahre@syndax.com Tel 781.684.9827 View original content: https://www.prnewswire.com/news-releases/syndax-pharmaceuticals-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-302316942.html SOURCE Syndax Pharmaceuticals, Inc.
By JUAN A. LOZANO, Associated Press HOUSTON (AP) — An elaborate parody appears to be behind an effort to resurrect Enron, the Houston-based energy company that exemplified the worst in American corporate fraud and greed after it went bankrupt in 2001. If its return is comedic, some former employees who lost everything in Enron’s collapse aren’t laughing. “It’s a pretty sick joke and it disparages the people that did work there. And why would you want to even bring it back up again?” said former Enron employee Diana Peters, who represented workers in the company’s bankruptcy proceedings. Here’s what to know about the history of Enron and the purported effort to bring it back. Once the nation’s seventh-largest company, Enron filed for bankruptcy protection on Dec. 2, 2001, after years of accounting tricks could no longer hide billions of dollars in debt or make failing ventures appear profitable. The energy company’s collapse put more than 5,000 people out of work, wiped out more than $2 billion in employee pensions and rendered $60 billion in Enron stock worthless. Its aftershocks were felt throughout the energy sector. Twenty-four Enron executives , including former CEO Jeffrey Skilling , were eventually convicted for their roles in the fraud. Enron founder Ken Lay’s convictions were vacated after he died of heart disease following his 2006 trial. On Monday — the 23rd anniversary of the bankruptcy filing — a company representing itself as Enron announced in a news release that it was relaunching as a “company dedicated to solving the global energy crisis.” It also posted a video on social media, advertised on at least one Houston billboard and a took out a full-page ad in the Houston Chronicle In the minute-long video that was full of generic corporate jargon, the company talks about “growth” and “rebirth.” It ends with the words, “We’re back. Can we talk?” Enron’s new website features a company store, where various items featuring the brand’s tilted “E” logo are for sale, including a $118 hoodie. In an email, company spokesperson Will Chabot said the new Enron was not doing any interviews yet, but that “We’ll have more to share soon.” Signs point to the comeback being a joke. In the “terms of use and conditions of sale” on the company’s website, it says “the information on the website about Enron is First Amendment protected parody, represents performance art, and is for entertainment purposes only.” Documents filed with the U.S. Patent and Trademark Office show that College Company, an Arkansas-based LLC, owns the Enron trademark. The co-founder of College Company is Connor Gaydos, who helped create a joke conspiracy theory that claims all birds are actually surveillance drones for the government. Peters said that since learning about the “relaunch” of Enron, she has spoken with several other former employees and they are also upset by it. She said the apparent stunt was “in poor taste.” “If it’s a joke, it’s rude, extremely rude. And I hope that they realize it and apologize to all of the Enron employees,” Peters said. Peters, who is 74 years old, said she is still working in information technology because “I lost everything in Enron, and so my Social Security doesn’t always take care of things I need done.” “Enron’s downfall taught us critical lessons about corporate ethics, accountability, and the consequences of unchecked ambition. Enron’s legacy was the employees in the trenches. Leave Enron buried,” she said. Follow Juan A. Lozano on X at https://x.com/juanlozano70
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It truly is the most wonderful time of the year to be a sports fan, and BetMGM Sportsbook has some great promos for the holiday. The only way to make the week better is by cashing in on the action by playing at BetMGM Sportsbook, which is one of the best PA online sportsbooks and is available in just about every state where online sports betting is legal. We will get into how to wager and win with BetMGM Sportsbook , especially if you have never played on the platform before. But first, here is the slate of games for Thanksgiving-weekend football bettors to consider in both the NFL and college football. About the BetMGM Sportsbook new-user promo for Thanksgiving If you are new to the Pennsylvania sports betting game, BetMGM Sportsbook makes it simple. Simply, sign up, make a minimum first deposit then place a wager up to $1,500, and if it does not hit, BetMGM will reimburse your account with bonus bet credits. 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If you are a parlay bettor, BetMGM regularly gives users parlay boost tokens, and the value of those will grow as your parlay does. With the above-listed slate of games, there are thousands of permutations for parlay bettors, and BetMGM will invite players to boost the ones they love best for even bigger payouts. Plus, BetMGM is a leader in crediting existing users’ accounts with bonus bets. That means if you are low on playable funds but love a specific Thanksgiving football betting market, chances are you will have a bet credit waiting for you when you log in. BetMGM Sportsbook is one of North America’s top sports-wagering platforms, with millions of available markets to wager from across the globe every day. But college football and NFL are the two most popular North American leagues, especially here in Pennsylvania since college football player props and betting on in-state college teams are both legal. That makes BetMGM an especially great place to bet on football in the Keystone State. Here are the college football and NFL betting markets available at BetMGM: Moneylines Spreads Totals Game props Player props Team Props Player awards Futures bets Parlays Same-game parlays Round Robins More! Playing responsibly with BetMGM Sportsbook Betting on sports can be habit forming, which is why BetMGM is also a leader in responsible gambling, offering helpful resources to people who may get overwhelmed if the action gets too hot. Here are some of the resources available to BetMGM sports bettors. A helpful page for Responsible Gaming Deposit limits Daily/weekly/monthly time limits Wagering limits Timeouts/Cool-Off periods Player-activity statements Self-exclusion How to bet the BetMGM Sportsbook promo for Thanksgiving If you are a new user in Pennsylvania hoping to cash in on the new-user offer, we would recommend putting as much as you feel comfortable on a Penn State moneyline wager at home against Maryland. Odds were not available as of publication, but even if the Nittany Lions are a -1000 favorite, you would get $100 in profit on a $1,000 wager. If you are feeling more daring, try taking Penn State to cover the point spread against the Terrapins, depending on its number. The Nittany Lions have won four of their six home games by at least 14 points and are 5-1 at Beaver Stadium, with only a seven-point loss to Ohio State keeping them from an unblemished record. If you are an NFL bettor, or prefer pro football to college, then we would recommend betting either the Lions or Chiefs on the moneyline if you are hoping for a bet you are likely to win. The Lions have lost seven straight Thanksgiving games, which means they have demons to exorcize, and the Chiefs’ most recent home loss came against the Raiders in a showcase game last Christmas. If you would rather wager on the locals, try the Steelers on the moneyline against the Bengals, especially since Pittsburgh will have a nine-day break between their game against the Browns and their meeting with Cincinnati. More stories on Sports Betting 5 best bets for college football Week 13: Army to cover? Heisman Trophy betting: Is Travis Hunter a lock at -380? The Penn State-Minnesota betting line is moving the Gophers’ way on most sites. Should it?
NoneMONTREAL — Laurentian Bank of Canada reported fourth-quarter profits that were up from a year ago, while it reported a loss for 2024 as a whole. The Montreal-based bank said Friday its quarterly profits amounted to $40.7 million, up from $30.6 million a year ago. For the fiscal year, it reported a loss of $5.5 million, compared with a net income of $181 million the year before, as it took charges related to its turnaround efforts. Impairment charges for the year totalled $228.4 million, including a $155.9 million writedown on the value of its personal and commercial banking segment, and $72.5 million in restructuring charges. In the fourth quarter, the bank reported $7.8 million in severance charges and a $5.7 million writedown in the value of its software and licences, plus impairments on its office space and leases. The efforts are part of a turnaround that chief executive Éric Provost said in a statement was going well. "Six months after presenting our strategic plan, I am pleased with the progress we’ve made." Profits in the fourth quarter amounted to 88 cents per diluted share for the quarter ended Oct. 31, up from a profit of 67 cents per diluted share in the same quarter last year. Revenue for the quarter totalled $250.8 million, up from $247.4 million a year earlier. The bank's provision for credit losses for the quarter amounted to $10.4 million compared with $16.7 million a year ago. On an adjusted basis, Laurentian says it earned 89 cents per diluted share in its latest quarter, down from an adjusted profit of $1 per diluted share in the same quarter last year. The average analyst estimate had been for an adjusted profit of 87 cents per share, according to data provided by LSEG Data & Analytics. Scotiabank analyst Meny Grauman said the bank's low provisions for credit loss were impressive, especially given its commercial-heavy loan book as businesses face pressure. "It should highlight for investors the underlying quality of this bank’s commercial franchise at least from an underwriting perspective," he said in a note. Laurentian shares were up nine per cent in early trading Friday on the Toronto Stock Exchange while they were up around 4.6 per cent by late afternoon. This report by The Canadian Press was first published Dec. 6, 2024. Companies in this story: (TSX:LB) The Canadian PressBATON ROUGE, La. (AP) — Louisiana’s Republican-controlled Legislature approved a constitutional amendment on Friday that would allow them to expand the number of crimes in which juveniles between 14 and 16 years old could be tried as adults. The state’s constitution currently outlines 15 violent juvenile offenses, such as rape, murder and armed robbery, which prosecutors can handle in adult courts. Any changes to that list of crimes must be approved by voters. But the constitutional amendment sponsored by Republican Sen. Heather Cloud — which require voter approval in March 29 elections to take effect — would allow legislators the power by a two-thirds vote to decide what juvenile crimes can be transferred to adult courts. It’s part of a wider push in Louisiana, which already has the second-highest incarceration rate in the country behind Mississippi, to implement tough-on-crime policies under Republican Gov. Jeff Landry. Since taking office in January, Landry has passed laws to treat 17-year-olds as adults in the criminal justice system, largely eliminate parole and allow surgical castration as punishment for certain sex crimes against children. Supporters of the measure to make it easier to expand prosecution of juveniles as adults — backed only by Republican legislators — say it will grant lawmakers more flexibility to give prosecutors the tools they need to increase public safety. Vesting authority in the constitution “has hamstringed Louisiana from being able to address changes in an ever-changing juvenile crime landscape,” Cloud said on the Senate floor on Nov. 14. RELATED COVERAGE Louisiana lawmakers pass income and corporate tax cuts, raising statewide sales tax to pay for it Court ruling stops Louisiana from requiring Ten Commandments in classrooms for now Louisiana governor’s tax overhaul faces opposition as lawmakers and lobbyists horse-trade Opponents, including Democrats, social workers and criminal justice reform advocates, said specific offenses routing juveniles to adult courts should remain part of the constitution to keep this power in the hands of voters. “We’re taking the people’s voice away over how children should be treated in this state,” Democratic Sen. Katrina Jackson-Andrews said. Critics also argue the changes fail to confront the root causes of juvenile crime, namely poverty and underinvestment in education. Transferring juveniles into adult court would also prevent them from accessing age-appropriate rehabilitative services, criminal justice reform advocates and social workers testified during the legislative session. “I can view this in no other way than just giving up on children,” Democratic Sen. Royce Duplessis said on the Senate floor. “We’re going to say we’re just going to treat them all as adults, and we’re not going to do our part as a society, as policymakers, to address what’s really failing — this is not going to do a single thing to deter crime.” Some lawmakers said that juveniles committing violent crimes had been deprived of care from a young age and were past the point of rehabilitation, blaming their families as opposed to societal factors. “Some of these kids are already lost when they’re 2 years old,” said Republican Rep. Tony Bacala in a House committee hearing. Increasing the juvenile crimes transferable to adult courts would likely impact African Americans more than any other group. They constitute about one third of Louisiana’s population but represent 77% of inmates held in Louisiana’s juvenile detention system, according to the state’s Office of Juvenile Justice . Unless they are transferred to an adult court, young people tried in juvenile court can only be imprisoned until age 21 according to state law. The effect of the proposed constitutional change will be to open the door for Republican lawmakers to give prosecutors the power to hand down lengthy prison sentences to 14- to 16-year-olds, including for less severe crimes, said Bruce Reilly, deputy director of the Louisiana-based criminal justice reform advocacy group Voice of the Experienced. The Louisiana District Attorneys Association and the Louisiana Sheriffs’ Association said they supported the measure. But New Orleans Sheriff Susan Hutson said she was concerned the measure would “almost certainly further strain our already short staff” in the jail system. Federal law still considers 17-year-olds and younger as juveniles and requires them to be kept separate from adult inmates. District Attorney Tony Clayton, who represents West Baton Rouge and two other parishes, said he would not try a juvenile as an adult for having “marijuana in his wallet,” but for violent crimes. Violent crimes are on the decline nationwide according to the latest data from FBI’s Uniform Crime Reporting. Since mid-2023, most violent crime has also been down in New Orleans, which in 2022 had the highest homicide rate among large cities nationwide. Conservative lawmakers argued this was the result of tough-on-crime penalties passed this year and Republican Gov. Jeff Landry’s decision to send state troops to New Orleans. Lawmakers supporting the amendment have focused on high-profile violent crimes by juveniles, such as a deadly New Orleans carjacking case committed by teenagers — who were charged as adults — in which an elderly woman was beaten and dragged to her death. Louisiana is one of five states that classifies 17-year-olds as adults in the criminal justice system, according to the National Conference of State Legislatures. _____ Brook is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Follow Brook on the social platform X: @jack_brook96
Shares of United States Antimony Corp (UAMY) have rallied over the past week in the wake of escalating US-China trade tensions, reaching a 52-week high on Friday, heating up retail chatter. Earlier this week, China banned the exports of rare minerals, including antimony, gallium, and germanium, to the US, a move that could potentially mean an opportunity for companies like United States Antimony. Antimony is a scarce commodity, and United States Antimony sees ongoing supply issues and trade restrictions and resulting worldwide antimony metal prices as an opportunity for the company. It said in a recent release that market prices of the precious metal increased from $5.31 per pound on December 31, 2023 to about $17 per pound as of November 8. Rare minerals are also widely used in the industrial sector United States Antimony recently reported its third-quarter results, which saw its revenues rise 17% to $2.421 million and its gross profit increase 65% to $426,000. Loss from continuing operations was $683,000 for the quarter, up from $185,000 in the same period last year. The rise was “directly related” to the company's expanded scope of operations. Retail sentiment around the stock has turned bullish. Many Stocktwits users were optimistic about the company's prospects, given the application of the rare minerals. China’s decision to ban exports appeared to be in reaction to the U.S. curbing exports to 140 companies earlier this week. United States Antimony is up 602% year-to-date. For updates and corrections, email newsroom[at]stocktwits[dot]com.<