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2025-01-20
Consumers in the United States scoured the internet for online deals as they looked to take advantage of the post-Thanksgiving shopping marathon with Cyber Monday. Even though e-commerce is now part and parcel of many people's regular routines and the holiday shopping season, Cyber Monday — a term coined in 2005 by the National Retail Federation — has become the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it. Adobe Analytics, which tracks online shopping, expected consumers to spend $13.2 billion Monday — a record, and 6.1% more than last year. That would make it the biggest shopping day for e-commerce for the season — and the year. Online spending was expected to peak between the hours of 8 p.m. and 10 p.m. on Monday night, per Adobe — reaching an estimated $15.7 million spent every minute. For several major retailers, a Cyber Monday sale is a dayslong event that began over the Thanksgiving weekend. An Amazon Prime delivery person lifts packages while making a stop Nov. 28, 2023, in Denver. Amazon kicked off its sales event right after midnight Pacific time on Saturday. Target's two days of discount offers on its website and app began overnight Sunday. Walmart rolled out its Cyber Monday offers for Walmart+ members Sunday afternoon and opened it up to all customers three hours later, at 8 p.m. Eastern time. Consumer spending for Cyber Week — the five major shopping days between Thanksgiving and Cyber Monday — provides a strong indication of how much shoppers are willing to spend for the holidays. Many U.S. consumers continue to experience sticker shock after the period of post-pandemic inflation, which left prices for many goods and services higher than they were three years ago. But retail sales nonetheless remain strong, and the economy kept growing at a healthy pace. At the same time, credit card debt and delinquencies are rising. More shoppers than ever are also on track to use "buy now, pay later" plans this holiday season, which allows them to delay payments on holiday decor, gifts and other items. Many economists also warned that President-elect Donald Trump's plan to impose tariffs next year on foreign goods coming into the United States would lead to higher prices on everything from food to clothing to automobiles. A FedEx delivery person carries a package from a truck Nov. 17, 2022, in Denver. The National Retail Federation expects holiday shoppers to spend more this year both in stores and online than last year. But the pace of spending growth will slow slightly, the trade group said, growing 2.5% to 3.5% — compared to 3.9% in 2023. A clear sense of consumer spending patterns during the holiday season won't emerge until the government releases sales data for the period, but some preliminary data from other sources shows some encouraging signs for retailers. Vivek Pandya, lead analyst at Adobe Digital Insights, noted that discounts from Thanksgiving onward "exceeded expectations" and online spending throughout Cyber Week is on track to cross a record $40 billion mark combined. U.S. shoppers spent $10.8 billion online on Black Friday, a 10.2% increase over last year, according to Adobe Analytics. That's also more than double what consumers spent in 2017, when Black Friday pulled in about $5 billion in online sales. Consumers also spent a record $6.1 billion online on Thanksgiving Day, Adobe said. Meanwhile, software company Salesforce, which also tracks online shopping, estimated that Black Friday online sales totaled $17.5 billion in the U.S. and $74.4 billion globally. Mastercard SpendingPulse, which tracks in-person and online spending, reported that overall Black Friday sales excluding automotive rose 3.4% from a year ago. A United Parcel Service driver sorts deliveries July 15, 2023, on New York's Upper West Side. E-commerce platform Shopify said its merchants raked in a record $5 billion in sales worldwide on Black Friday. At its peak, sales reached $4.6 million per minute — with top categories by volume including clothing, cosmetics and fitness products, according to the Canadian company. Toys, electronics, home goods, self-care and beauty categories were among the key drivers of holiday spending on Thanksgiving and Black Friday, according to Adobe. "Hot products" included Lego sets, espresso machines, fitness trackers, makeup and skin care. Other data showed physical stores saw fewer customers on Black Friday, underscoring how the huge crowds that were once synonymous with the day after Thanksgiving are now more than happy to shop from the comfort of their homes. RetailNext, which measures real-time foot traffic in stores, said its early data showed store traffic on Friday was down 3.2% in the U.S. compared to last year, with the biggest dip happening in the Midwest. Sensormatic Solutions, which also tracks store traffic, said its preliminary analysis showed retail store traffic on Black Friday was down 8.2% compared to 2023. Grant Gustafson, head of retail consulting and analytics at Sensormatic Solutions, noted that in-store traffic was getting spread across multiple days since many retailers offered generous discounts before and after Black Friday. "Some of the extended Black Friday promotions really ended up leading to a little bit of a softer day-of traffic than expected," Gustafson said. In 2024, staying small on purpose seems to be paying off big for small businesses. They're keeping operations small and targeting niche, highly specialized customers. And some business owners find this strategy results in more time, energy, and money to intentionally capitalize on unique, small cap opportunities. The data tells the story of growth in small businesses for the year. According to NEXT , the Small Business Administration (SBA) reports awarding 38,000 SBA 7(a) loans under $150,000: double the amount they awarded in 2020. Here are the related small-business trends paying off in 2024. Commercial real estate agent Ryan Beckenhauer of Market Real Estate in Boulder, Colorado, has noticed that small businesses are growing smaller, and that their office and warehouse spaces are starting to reflect that as they shop for business space. In commercial real estate, many small business owners gravitate toward industrial condos and other flexible spaces. These are small-scale industrial spaces with a 90:10 or 80:20 split of warehouse to office. "More individuals are leveraging skills acquired at larger organizations to venture out on their own," explains Beckenhauer. And he goes on to say that they don't need a large commercial space as they make that leap to start a business. His clients include engineers, consultants, builders and other tradespeople. Beckenhauer's clients like the flexibility of being out of an office and being close to their inventory and workshop space. "The clients want to see and touch the finishes," he says. Small business owners both rent or buy these spaces. But he's seeing his clients opt to own industrial condos to stabilize costs due to rent increases in Boulder. And because these spaces are smaller, it can be easier for new buyers to qualify for financing. Mariana Alvarez, owner of Controller Works , an online bookkeeping and advisory firm, has noticed that small business owners outsource financial support services because they don't want to increase headcount. "Outsourcing gives them the possibility of having access to the knowledge and the skills of a CFO without having to pay for the salary," she says. "They don't have to manage or deal with the workload, employment taxes , and all that comes with it," says Alvarez. Additionally, many small business owners in fields like construction are family-owned, and this makes it easier for business owners to hand off delicate financial work to a trusted person with financial experience. Every small business has recurring tasks that can benefit from some level of artificial intelligence automation . And Alvarez sees a lot of value in using AI for small business bookkeeping. She explains that you can automate the data entry on Quickbooks. "When you create rules, as long as you create the rules correctly, it pretty much does itself," says Alvarez. From there, you can lean on financial experts to help you analyze the data and make more informed decisions. She uses AI as a background resource when guiding her accounting clients. "I believe that we still need the human-to-human interaction that comes with more perspective for financial analysis," she explains. According to the SBA , 77% of consumers feel that human interaction is still required for a positive customer experience. People turn to small businesses every day for a human experience. According to Arvind Rongala, CEO of Edstellar , small business workers can show up for their customers but still use AI for routine tasks like customer queries. "This balance allows companies to scale their operations without losing the personal touch that makes them unique. It's important to remember that AI isn't there to replace the human element—it's there to enhance it," he says. "By really focusing on one very small weakness that Amazon has, I've been able to carve out a successful business by offering something different," says Lou Harvey owner of Tank Retailer , a retailer of commercial water and fuel tanks. "When you read our customer reviews, many of them actually mention me by name because of how much we focus on customer service and go the extra mile." One of Harvey's most successful business strategies this year has been to lean into his small, niche market and offer the kind of customer experience that large retailers like Amazon don't. "Any small weaknesses that Amazon has (however small those weaknesses may be) needs to become a strength of a smaller business focusing on a niche market," says Harvey. Harvey has his company's customer service phone number front and center on the website to help earn customer trust. "I prominently feature our phone number, and a real person always answers the phone (usually it's me)," says Harvey. Lucie Voves, CEO and founder of Church Hill Classics , an online, woman-owned diploma framing company that uses sustainable materials, has noticed an uptick in customers seeking services from a business on a mission. "This year, we've seen a growing inclination for consumers to actively seek out and support small businesses owned by women and minorities," says Voves. When consumers shop small, they choose to make their dollars count. "Customers are fueled by a desire to promote social impact through purchasing power," says Voves. Long gone are the days of online retailers "building it and they will come." In 2024 we've seen more small businesses than ever turn to social commerce to sell directly on social media platforms like Instagram Shopping , Facebook Marketplace , and TikTok . Small business owners are turning toward influencers, social media ads, and organic content to target their customers. Mike Vannelli of Envy Creative creates online ads for businesses, and he has seen his clients succeed on TikTok of late. "I've seen businesses, especially in retail, use TikTok's short-form video format to make their products go viral. Think of it as word-of-mouth marketing on steroids," says Vannelli. He uses the platform's algorithm to push a company's content to the right audiences, and it works because TikTok loves storytelling. "I know small brands that use behind-the-scenes videos, customer testimonials, and even playful challenges that tap into trends to humanize their products and build trust," explains Vannelli. To stand out on TikTok, he says, smaller brands need to embrace authenticity and emotional connection. Show your team, share your journey, and involve your community in content creation. This story was produced by NEXT and reviewed and distributed by Stacker. Get the latest local business news delivered FREE to your inbox weekly.NHL fines Edmonton Oilers forward Jeff Skinner $2,000 for embellishmentAsia Naphtha/Gasoline-Gasoline margins rise above $10/bbl; naphtha crack ralliesMILWAUKEE (AP) — Giannis Antetokounmpo was available for the Milwaukee Bucks against the Washington Wizards Saturday night after missing one game with swelling in his left knee. Antetokounmpo sat out the Bucks' 106-103 NBA Cup victory at Miami on Tuesday. The two-time MVP had been listed as probable with tendinopathy in his right patellar tendon. “He's good,” Bucks coach Doc Rivers said before the game. Antetokounmpo entered Saturday as the league's leading scorer at 32.4 points per game. He ranked fifth in rebounds (11.9) and 20th in assists (6.4). AP NBA: https://apnews.com/hub/nbaai sport betting

NEW YORK , Dec. 2, 2024 /PRNewswire/ -- Report with market evolution powered by AI - The global universal CPE (UCPE) market size is estimated to grow by USD 4.89 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 30.08% during the forecast period. Cost benefits of UCPE is driving market growth, with a trend towards rising demand for sd-wan solutions. However, security concerns and vulnerabilities associated with ucpe poses a challenge. Key market players include Access Co. Ltd., Adtran Holdings Inc., Advantech Co. Ltd., AT and T Inc., AudioCodes Ltd., Axiomtek Co. Ltd., Cisco Systems Inc., Dell Technologies Inc., Ekinops SA, GTT Communications Inc., Huawei Technologies Co. Ltd., Intel Corp., Iricent Ltd., Juniper Networks Inc., Lanner Electronics Inc., Netfosys Information Technologies India Pvt. Ltd., RAD Data Communications Ltd., Sony Group Corp., Tata Sons Pvt. Ltd., and Versa Networks Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver The demand for cloud solutions among enterprises and service providers is on the rise, driven by the need to improve scalability, efficiency, and agility while reducing capital and operational expenditures. However, the inadequate WAN capacity of many enterprises can hinder this transition, leading to network reliability issues, latency, and congestion. Cloud-based SD-WAN addresses these challenges, enabling organizations to manage assets, monitor threats, and unify security operations centers for both IT and OT assets. Major industries, including banking, financial services and insurance, content and digital media, retail, and manufacturing, are adopting SD-WAN solutions to enhance network performance. For instance, Microsoft Corp.'s Defender for IoT is a cloud-managed platform that helps organizations manage security in both connected and air-gap environments. The increasing adoption of cloud-based SD-WAN solutions by enterprises is expected to fuel the growth of the uCPE market during the forecast period. The uCPE market is booming in the enterprise networking sector, with universal platforms becoming the norm for IT infrastructure at the edge. NFV (Network Function Virtualization) and COTS (Commercial Off-The-Shelf) servers are driving this trend, enabling cost-effective, agile solutions for network functions like firewalls, load balancers, and access control. Telecoms operators and service providers are partnering with solution providers to offer uCPE solutions, benefiting enterprises with on-prem data centers, manufacturing equipment in factories, and access points as routers and gateways. Edge computing, including computer vision and non-network workloads, is also a growing use case. STL Partners' Network Platforms Group's Sab Gosal and Prayson Pate highlight the importance of addressing technical constraints, such as space, skills, and resources, for optimal application performance. GPUs and software-defined wide-area networks (SD-WAN) are key considerations for multi-cloud solutions and workload consolidation. Ensemble Connector is a valuable tool for uCPE integration. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges uCPE, or Universal Customer Premises Equipment, is a remote Network Function Virtualization (NFV) node, deployed in non-secure or controlled environments, utilizing automated installation processes like zero-touch provisioning (ZTP) for ease of deployment. While these capabilities bring operational expenditure (OPEX) reduction and simplification, they also introduce new security vulnerabilities. For instance, ZTP and automated remote updates and upgrades eliminate human authentication and verification steps, potentially allowing unauthorized access. Hackers can infiltrate the network using a compromised device or impersonate a uCPE provisioning server, posing bi-directional attack vectors. Man-in-the-middle attacks can target the object storage component, putting individual data at risk. Enterprises transferring data to cloud networks face increased concerns over data security and privacy. These factors may significantly impact the global uCPE market, necessitating security measures and strict adherence to authentication and verification processes. The uCPE (Universal Customer Premises Equipment) market is growing rapidly as enterprises and service providers seek to modernize their infrastructure. However, challenges persist. Infrastructure constraints, such as space and power, limit uCPE deployment. Non-network workloads and software applications, like computer vision and access control, require specialized hardware like GPUs. Cost-effective solutions are essential, but skills and resources for implementation can be a hurdle. Telecoms operators and solution providers are collaborating to offer agile, cost-effective uCPE solutions. STL's Network Platforms Group, for instance, is developing COTS (Commercial Off-The-Shelf) hardware for uCPE. Sab Gosal , in Technically Speaking, discusses Ensemble Connector, a solution for workload consolidation. Prayson Pate , in Edgility Central, explores Security-as-a-Service for uCPE. Manufacturing and factory environments present unique challenges, requiring technical constraints to be addressed. Multi-cloud solutions and software-defined wide-area networking (SD-WAN) are key to overcoming these hurdles. AT&T is one of the service providers leading the way, offering uCPE solutions for edge use cases and on-prem data centers. In summary, the uCPE market is evolving rapidly, but infrastructure, non-network workloads, and technical constraints pose challenges. Collaboration between solution providers, enterprises, and telecoms operators is crucial to addressing these challenges and delivering cost-effective, agile uCPE solutions. Discover how AI is revolutionizing market trends- Get your access now! This universal cpe (ucpe) market report extensively covers market segmentation by 1.1 Individual 1.2 Enterprise 2.1 On-premises 2.2 Cloud-based 3.1 North America 3.2 Europe 3.3 APAC 3.4 Middle East and Africa 3.5 South America 1.1 Individual- The uCPE market is experiencing significant growth due to the increasing demand for network functions virtualization and software-defined networking. Businesses are adopting uCPE solutions to reduce costs, improve agility, and enhance network performance. Service providers are offering managed uCPE services to meet the evolving needs of enterprises. The market is expected to continue growing as more organizations migrate from traditional hardware-based solutions to uCPE. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis uCPE, or Universal CPE (Universal Communications Platform Equipment), is a new approach to enterprise networking that utilizes off-the-shelf (COTS) servers and virtualizes network functions using NFV (Network Function Virtualization) technology. This universal platform enables the convergence of IT infrastructure and telecommunications functions at the edge, allowing for the deployment of network functions such as firewalls, load balancers, and access control, as well as non-network workloads like computer vision and software applications. UCPE offers several advantages, including cost effectiveness, agility, and the ability to run applications closer to the end-device, such as access points, routers, gateways, and computers. This infrastructure, which can also support server-type infrastructure, provides telecoms operators with the space and skills and resources needed to deliver application performance and improve network efficiency. STL Partners predicts that uCPE will become a key component of next-generation enterprise networks. Market Research Overview The uCPE (Universal Customer Premises Equipment) market is transforming enterprise networking by enabling the deployment of universal platforms at the edge of IT infrastructure. This shift towards edge computing, powered by NFV (Network Function Virtualization) and COTS (Commercial Off-The-Shelf) servers, allows for cost-effective, agile, and space-saving solutions. UCPE supports various network functions such as firewalls, load balancers, and access control, making it an attractive alternative to traditional IT infrastructure. End-devices like access points, routers, and gateways can be integrated with uCPE for enhanced functionality. Telecoms operators, solution providers, and enterprises are adopting uCPE for on-prem data centers and manufacturing equipment, overcoming technical constraints with GPUs and multi-cloud solutions. Edge use cases, including security-as-a-service, workload consolidation, and software-defined wide-area networking, are driving the growth of the uCPE market. Industry experts like Sab Gosal from the Network Platforms Group and Prayson Pate from Technically Speaking are leading discussions on the future of uCPE. STL's Ensemble Connector and AT&T's uCPE offerings are among the innovative solutions shaping the market. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation End-user Individual Enterprise Deployment On-premises Cloud-based Geography North America Europe APAC Middle East And Africa South America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioNone

Honeywell Cuts Guidance, Settles Bombardier Jet-Engine LawsuitBy DEVNA BOSE One of the country’s largest health insurers reversed a change in policy Thursday after widespread outcry, saying it would not tie payments in some states to the length of time a patient went under anesthesia. Anthem Blue Cross Blue Shield said in a statement that its decision to backpedal resulted from “significant widespread misinformation” about the policy. “To be clear, it never was and never will be the policy of Anthem Blue Cross Blue Shield to not pay for medically necessary anesthesia services,” the statement said. “The proposed update to the policy was only designed to clarify the appropriateness of anesthesia consistent with well-established clinical guidelines.” Anthem Blue Cross Blue Shield would have used “physician work time values,” which is published by the Centers for Medicare and Medicaid Services, as the metric for anesthesia limits; maternity patients and patients under the age of 22 were exempt. But Dr. Jonathan Gal, economics committee chair of the American Society for Anesthesiologists, said it’s unclear how CMS derives those values. In mid-November, the American Society for Anesthesiologists called on Anthem to “reverse the proposal immediately,” saying in a news release that the policy would have taken effect in February in New York, Connecticut and Missouri. It’s not clear how many states in total would have been affected, as notices also were posted in Virginia and Colorado . Related Articles National News | The next census will gather more racial, ethnic information National News | As data centers proliferate, conflict with local communities follows National News | NASA’s stuck astronauts hit 6 months in space. Just 2 more to go National News | Imprisoned Proud Boys leader balks at answering a prosecutor’s questions about Capitol attack National News | 7.0 earthquake off Northern California prompts brief tsunami warning People across the country registered their concerns and complaints on social media, and encouraged people in affected states to call their legislators. Some people noted that the policy could prevent patients from getting overcharged. Gal said the policy change would have been unprecedented, ignored the “nuanced, unpredictable human element” of surgery and was a clear “money grab.” “It’s incomprehensible how a health insurance company could so blatantly continue to prioritize their profits over safe patient care,” he said. “If Anthem is, in fact, rescinding the policy, we’re delighted that they came to their senses.” Prior to Anthem’s announcement Thursday, Connecticut comptroller Sean Scanlon said the “concerning” policy wouldn’t affect the state after conversations with the insurance company. And New York Gov. Kathy Hochul said in an emailed statement Thursday that her office had also successfully intervened. The insurance giant’s policy change came one day after the CEO of UnitedHealthcare , another major insurance company, was shot and killed in New York City.

NHL fines Edmonton Oilers forward Jeff Skinner $2,000 for embellishment

Save $1,000 Off Alienware's Biggest and Most Powerful Gaming LaptopADDISON, Texas, Dec. 05, 2024 (GLOBE NEWSWIRE) -- CECO Environmental Corp. (Nasdaq: CECO) (together with its consolidated subsidiaries and affiliates, "CECO”), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR”), applicable to CECO's tender offer for Profire Energy, Inc. (Nasdaq: PFIE) ("PFIE”) expired at 11:59 p.m., Eastern Time, on November 15, 2024. The expiration of the HSR waiting period satisfies one of the conditions to consummate the tender offer. Other conditions remain to be satisfied, including, among others, a minimum tender of shares of common stock of PFIE representing a majority of the total number of outstanding shares of common stock of PFIE. Unless the tender offer is extended, the offer and withdrawal rights will expire at one minute after 11:59 p.m., Eastern Time, on December 31, 2024. ABOUT CECO ENVIRONMENTAL CECO Environmental is a leading environmentally focused, diversified industrial company, serving a broad landscape of industrial air, industrial water, and energy transition markets across the globe through its key business segments: Engineered Systems and Industrial Process Solutions. Providing innovative technology and application expertise, CECO helps companies grow their business with safe, clean, and more efficient solutions that help protect people, the environment and industrial equipment. In regions around the world, CECO works to improve air quality, optimize the energy value chain, and provide custom solutions for applications including power generation, petrochemical processing, general industrial, refining, midstream oil and gas, electric vehicle production, polysilicon fabrication, battery recycling, beverage can, and water/wastewater treatment along with a wide range of other applications. CECO is listed on Nasdaq under the ticker symbol "CECO.” Incorporated in 1966, CECO's global headquarters is in Addison, Texas. For more information, please visit www.cecoenviro.com . SAFE HARBOR STATEMENT Certain statements in this communication are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended, which are intended to be covered by the safe harbor for "forward-looking statements” provided by the Private Securities Litigation Reform Act of 1995. Any statements contained in this communication, other than statements of historical fact, including statements about management's beliefs and expectations, are forward-looking statements and should be evaluated as such. These statements are made on the basis of management's views and assumptions regarding future events and business performance. We use words such as "believe,” "expect,” "anticipate,” "intends,” "estimate,” "forecast,” "project,” "will,” "plan,” "should” and similar expressions to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Potential risks and uncertainties, among others, that could cause actual results to differ materially are discussed under "Item 1A. Risk Factors” of CECO's Quarterly Reports on Form 10-Q and in CECO's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and include, but are not limited to: Important Additional Information Will be Filed with the SEC This press release is neither an offer to purchase nor a solicitation of an offer to sell common stock of PFIE or any other securities. This communication is for informational purposes only. The tender offer transaction commenced by a subsidiary of CECO is being made pursuant to a tender offer statement on Schedule TO (including the Offer to Purchase, a related Letter of Transmittal and other offer materials) filed by such affiliates of CECO with the SEC. In addition, PFIE will file a solicitation/recommendation statement on Schedule 14D-9 with the SEC related to the tender offer. The offer to purchase shares of PFIE' common stock is only being made pursuant to the Offer to Purchase, the Letter of Transmittal and related offer materials filed as a part of the tender offer statement on Schedule TO, in each case as amended from time to time. THE TENDER OFFER MATERIALS (INCLUDING THE OFFER TO PURCHASE, THE RELATED LETTER OF TRANSMITTAL AND OTHER MATERIALS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 CONTAIN IMPORTANT INFORMATION. PRIOR TO MAKING ANY DECISION REGARDING THE TENDER OFFER, PFIE STOCKHOLDERS ARE STRONGLY ADVISED TO CAREFULLY READ THESE DOCUMENTS, AS FILED AND AS THEY MAY BE AMENDED FROM TIME TO TIME, WHEN THEY BECOME AVAILABLE. PFIE stockholders will be able to obtain the tender offer statement on Schedule TO (including the Offer to Purchase, a related Letter of Transmittal and other offer materials) and the related solicitation/recommendation statement on Schedule 14D-9 at no charge on the SEC's website at www.sec.gov. In addition, the tender offer statement on Schedule TO (including the Offer to Purchase, a related Letter of Transmittal and other offer materials) and the related solicitation/recommendation statement on Schedule 14D-9 may be obtained free of charge from D.F. King & Co., Inc. 48 Wall Street, 22nd Floor New York, New York 10005, Telephone Number (866) 342-4881. Company Contact: Peter Johansson Chief Financial and Strategy Officer 888-990-6670 Investor Relations Contact: Steven Hooser and Jean Marie Young Three Part Advisors 214-872-2710 [email protected]Several of Netflix's top 2024 series are brand new productions. From "Stranger Things" and "The Crown" to "Emily in Paris," Netflix has produced a number of critically acclaimed hit shows over the years. ET Year-end Special Reads Top 10 equity mutual funds of the year. Do you have any? How India flexed its global power muscles in 2024 2024 was the year India became the talk of America Another popular film is "Bridgerton." Its third season, which debuted in May and June of 2024, rose to the sixth-highest-watched English Netflix TV series ever. But many established shows haven’t returned in 2024, providing space for series including “A Man on the Inside,” “One Day,” and “Baby Reindeer” to shine. These 2024 Netflix original films have received great reviews on Rotten Tomatoes . Ripley Rotten Tomatoes gave Ripley an 86% rating. Office Productivity Microsoft Word Mastery: From Beginner to Expert By - CA Raj K Agrawal, Chartered Accountant View Program Entrepreneurship Startup Fundraising: Essential Tactics for Securing Capital By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Web Development Intermediate Java Mastery: Method, Collections, and Beyond By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Performance Marketing for eCommerce Brands By - Zafer Mukeri, Founder- Inara Marketers View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd. View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Data Science MySQL for Beginners: Learn Data Science and Analytics Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Design Canva Magic Write: Ideas to Stunning Slides in No Time By - Prince Patni, Software Developer (BI, Data Science) View Program Web Development Django & PostgreSQL Mastery: Build Professional Web Applications By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Future of Marketing & Branding Masterclass By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant View Program Office Productivity Zero to Hero in Microsoft Excel: Complete Excel guide 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Basics of Generative AI: Unveiling Tomorrows Innovations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Generative AI for Dynamic Java Web Applications with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Entrepreneurship Crafting a Powerful Startup Value Proposition By - Dr. Anu Khanchandani, Startup Coach with more than 25 years of experience View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy for Non-Finance Executives By - CA Raja, Chartered Accountant | Financial Management Educator | Former AVP - Credit, SBI View Program Web Development Java 21 Essentials for Beginners: Build Strong Programming Foundations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) Learn InVideo AI: Create Videos from Text Easily By - Prince Patni, Software Developer (BI, Data Science) View Program Artificial Intelligence(AI) Collaborative AI Foundations: Working Smarter with Machines By - Prince Patni, Software Developer (BI, Data Science) View Program In contrast to earlier adaptations of Patricia Highsmith's "The Talented Mr. Ripley" novels, "Ripley" is shot in black and white, resulting in a captivating noir setting. The psychological thriller in this adaptation moves slowly, but if you can keep up with it, you'll be rewarded with stunning visuals and another outstanding performance from Andrew Scott. Terminator Zero Rotten Tomatoes score: 86% Terminator Zero, the first anime set in the "Terminator" universe, premiered in August and received high praise from critics for its stunning animation. The series follows the story of Malcolm Lee, who develops a rival AI system to Skynet, being visited by a Terminator. He and his three children try to escape the assassin while being aided by a mysterious future soldier. Griselda Rotten Tomatoes score: 87% Netflix's "Griselda" series, starring Sofía Vergara, tells the story of real-life drug trafficker Griselda Blanco, who died in 2012. The series, which focuses on the self-destructive nature of greed, was Netflix's first big hit of 2024. Critics praised Vergara for her portrayal of Blanco's transformation from a housewife to a brutal killer, showcasing her ability to handle serious roles. Bridgerton Season three Rotten Tomatoes score: 87% Bridgerton season three, with a Rotten Tomatoes score of 87%, features a romantic drama about lead couple Penelope Featherington and Colin Bridgerton. The show's writers manage to engage audiences with their cosy chemistry, while supporting characters Francesca Bridgerton and Cressida Cowper deliver spellbinding performances. The show also committed to including LGBTQ+ characters, confirming two siblings' bisexuality and hinting at future great romances. One Day Rotten Tomatoes score: 91% Netflix's "One Day" is a romantic drama adaptation of David Nicholls' bestselling book, focusing on the 20-year relationship between Dexter (Leo Woodall) and Emma (Ambika Mod). The series follows their relationship as it progresses over time, with Woodall and Mod's performances captivating viewers. Despite the devastating ending, the show remains thrilling television, making it an ideal choice for Valentine's Day. Dead Boy Detectives Season one Rotten Tomatoes score: 92% Dead Boy Detectives season one, a spinoff of Netflix's "The Sandman," follows two ghosts, George Rexstrew and Jayden Revri, who choose to stay on Earth instead of going to the afterlife and start solving paranormal mysteries with a psychic medium friend. The show blends a case-of-the-week format with an overarching villain, making it fun for fans of all types. With a 92% rating on Rotten Tomatoes, "Dead Boy Detectives" is a promising supernatural mystery series. Nobody Wants This Season one Rotten Tomatoes score: 94% "Nobody Wants This" season one, based on Erin Foster's life, was a surprise hit in the second half of 2024. The show follows a relationship between a self-destructive podcast host and a modern "hot rabbi." Fans and critics appreciated the irresistible chemistry between Kristen Bell and Adam Brody, who also marked a revival for the actor. Black Doves Rotten Tomatoes score: 95% Netflix renewed "Black Doves" for a second season, despite its initial drop. The show, starring Keira Knightley and Ben Whishaw, follows Helen Webb, a UK political figure and spies-for-hire operative, as she investigates the murder of her lover. The show received critical praise and a Golden Globe nomination, making it the second most-watched English series on Netflix. The thriller blends violence and comedy. A Man on the Inside Rotten Tomatoes score: 95% "A Man on the Inside" season one, starring Ted Danson and Mike Schur, follows Charles Nieuwendyk, a widower grieving his wife's loss. He is hired as a spy in a retirement home to help a private investigator solve a theft. The show features great performances from the cast, including Danson, Stephanie Beatriz, Sally Struthers, and Stephen McKinley Henderson. The show has received a 95% rating on Rotten Tomatoes. The Diplomat Season 2 The Diplomat Season 2, with a 95% Rotten Tomatoes score, solidifies the show as one of the most exciting thrillers on TV. The show, which earned SAG, Emmy, and Golden Globe award nominations in 2023, stars Keri Russell as Kate Wyler, a US ambassador to the UK, who helps defuse an international crisis and meets Grace Penn, the VP she is meant to replace. American Nightmare Rotten Tomatoes score: 96% Netflix's "American Nightmare" is a true crime series based on the 2015 kidnapping of Denise Huskins. The show follows the story of Matthew Muller, who was later arrested for a similar home invasion. The show is rated 96% on Rotten Tomatoes and is a sensitive and riveting retelling of the case, without the sensationalism found in other Netflix true crime shows. Baby Reindeer Rotten Tomatoes score: 99% "Baby Reindeer" is a controversial comedy show based on Richard Gadd's autobiographical work. The show follows an aspiring comedian who is stalked by a woman he serves at a pub. The show won six Emmys in 2024, showcasing nuanced, dark comedic, and shocking emotional roller coasters. Supacell Rotten Tomatoes score: 100% "Supacell" is a Netflix hit in 2024, following a group of Black people in South London who discover they have superpowers. They must fight off a secret organization and save an important person. The series highlights the experiences of Black Londoners, stars rising stars, and action sequences. It also sheds light on sickle cell anemia, a historically poorly understood condition affecting African and Caribbean people. Girls5Eva Rotten Tomatoes score: 100% Netflix has renewed the comedy series "Girls5Eva," created by Meredith Scardino, which follows a '90s girl group who reunite after a rapper samples their song. The show features jokes, themed songs, and Renée Elise Goldsberry's exceptional performance. The show also touches on queer fandom, modern fame, and female friendship, making it a highly enjoyable show on television. Heartstopper Rotten Tomatoes score: 100% "Heartstopper" has become one of the highest-rated Netflix original series of the year, showcasing the relationship between two British high school students and the highs and lows of teenagers' lives from a queer lens. The third season features fun cameos from British actors and great performances from Kit Connor, Joe Locke, and Yasmin Finney. Arcane: League of Legends Season 2 Rotten Tomatoes score: 100% "Arcane: League of Legends" season 2, a video game adaptation of the game, has received a 100% Rotten Tomatoes rating and four Emmy awards. The story revolves around the class conflict between the technological utopian city of Piltover and the poor city of Zaun. Despite its rushed conclusion, the sequel is praised for its beautiful animation and electrifying action. FAQs What are the highest-rated Netflix series for 2024? Heartstopper Season 3, Supacell, and Arcane Season 2 all received perfect ratings on Rotten Tomatoes for their engaging stories and outstanding performances. Are there any outstanding new shows? Yes! Critics praised shows like Baby Reindeer, Black Doves, and A Man on the Inside for their innovative storytelling and standout casts. (You can now subscribe to our Economic Times WhatsApp channel )

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