Giants face challenge in hosting Ravens, trying to end 8-game skid
Trump's 2024 Campaign & Elon Musk's Success: Digital Marketing Parallels by FlyX Marketing Founder Albert Valiakhmetov 11-22-2024 11:36 PM CET | Associations & Organizations Press release from: Getnews / PR Agency: US China Brand, LLC Modern Political Campaigns Showcase Revolutionary Marketing Strategies for Business Growth - Commenting Albert Valiakhmetov, Founder of FlyX Marketing Image: https://www.getnews.info/uploads/cfe5dd7a2b8fcf59abb8066f97654df9.jpg In today's digital landscape, where competition is fierce and attention spans are limited, figures like Elon Musk and Donald Trump demonstrate how strategic marketing-whether for a product or a presidential campaign-can redefine engagement. Albert Valiakhmetov, founder of FlyX Marketing, draws intriguing parallels between these strategies and effective brand advertising. Mirroring the tactics used in marketing to influence, engage, and ultimately, build loyalty. As Valiakhmetov observes, " The news that Donald Trump became president reminds us of how much presidential elections resemble classic marketing campaigns. " Both political and advertising campaigns share the fundamental aim of creating a connection with their audience-whether to win votes or attract loyal customers. https://flyxmarketing.com/ " Political campaigns today, especially those as influential as Trump's recent run, highlight marketing principles at their peak effectiveness, " Valiakhmetov explains. " By implementing similar strategies in business, FlyX Marketing has seen up to 200% growth for clients across various sectors. " Campaign strategies such as precision targeting, cross-platform message consistency, and emotionally resonant content have become crucial in both spheres, emphasizing the power of digital influence. Mastering Modern Influence for Brands Key insights from FlyX Marketing stem from current political campaign techniques that have reshaped their approach: - Advanced Social Media Strategy: Like political messaging or Elon Musk's provocative use of platforms like X (formerly Twitter) to engage audiences, brand campaigns thrive on tailored approaches to maximize reach. - Precision Demographic Targeting: As political campaigns focus on voter bases, FlyX Marketing connects brands with core demographics, leading to higher engagement. - Cross-Platform Message Integration: Ensuring a unified message across digital platforms is as crucial in business as it is in politics. From Ballot Box to Brand Building " What's compelling about recent political strategies, such as those used in Trump's and Harris's campaigns, is their intelligent use of digital platforms. Similarly, Elon Musk's ability to spark viral conversations demonstrates the value of cross-platform engagement, a principle FlyX Marketing adopts to revolutionize brand connections. ", Valiakhmetov notes. " In marketing, the goal is to influence purchasing behavior, while political propaganda seeks to steer public opinion, " Valiakhmetov explains, pointing to the similar foundations of both fields. Emotional Connection: Building Brand Loyalty Through Human Insight One of the standout elements of FlyX Marketing's strategy is creating a deep emotional connection with audiences, drawing on the same principles political campaigns use to sway public sentiment. Just as Trump's messaging struck a chord with voters on issues like economic stability, FlyX's campaigns emphasize brand stories that appeal to core human needs, offering customers relatable themes and solutions to everyday challenges. Digital Innovation at Work with FlyX Marketing FlyX Marketing takes inspiration from the efficiency seen in political campaigns by incorporating cutting-edge technology and data analytics to craft campaigns that resonate deeply. It embraces innovation akin to Elon Musk's ventures, utilizing cutting-edge tools like AI-driven analytics and real-time optimization to craft campaigns that deeply resonate with audiences. Key tools include: - AI-Driven Analytics: Predictive models track engagement and fine-tune content, ensuring maximum relevance. - Real-Time Optimization: Rapid adjustments increase reach and engagement with audiences. - Strategic Audience Segmentation: Building personalized experiences ensures each demographic feels addressed. - Platform-Specific Messaging: Tailored content for each channel optimizes overall campaign performance. Here are FlyX Marketing's full suite of services [ https://flyxmarketing.com/#services ], designed to deliver cutting-edge performance marketing and AI-driven solutions. From advanced data analytics to strategic execution, each service is tailored to maximize growth and drive results. " The recent campaigns by Trump and Harris provide insight into the evolution of digital communication, " observes Valiakhmetov. " These strategies not only shape public opinion but demonstrate best practices in audience engagement for businesses looking to make a real impact." Revolutionizing Marketing with Campaign Insights FlyX Marketing's modern approach combines the following elements, proven to drive substantial results for clients: - Viral Content Development: Creating shareable, high-impact content that aligns with brand goals. - Data-Driven Strategy: Guiding marketing decisions with real-time data to optimize campaigns. - Emotional Connection Building: Connecting on a personal level, similar to political storytelling. - Platform-Specific Optimization: Adjusting strategies to maximize impact on each channel. - Message Amplification: Reaching larger audiences with clarity and precision. The Future of Marketing in a Politically-Driven Landscape Looking forward, marketing experts can expect to see even greater integration of political strategies within brand advertising and by industry disruptors like Elon Musk, as all these industries increasingly rely on digital and data-driven tools to make impactful decisions. According to Valiakhmetov, the future of branding will likely mirror these trends, further blurring the lines between marketing and political campaigning. Choosing a marketing partner like FlyX Marketing ensures brands are not only prepared for these shifts but are also leading the way. With a proven track record in delivering customized, high-growth campaigns, FlyX continues to set new standards for success, making this era an exciting one for both brands and political strategists alike. More information about services, consultations, and insights can be found on the FlyX Marketing website [ https://flyxmarketing.com/ ] or by contacting business@flyxmarketing.com [mailto:business@flyxmarketing.com]. Media Contact Company Name: Flyx Marketing Contact Person: Nick Agamian Email: Send Email [ http://www.universalpressrelease.com/?pr=trumps-2024-campaign-elon-musks-success-digital-marketing-parallels-by-flyx-marketing-founder-albert-valiakhmetov ] City: Athens State: Attiki Country: Greece Website: https://flyxmarketing.com/ This release was published on openPR.Middle East latest: Israeli strikes in Gaza kill more than 50 people, including kids
Baltimore (8-5) at New York Giants (2-11) Sunday, 1 p.m. EST, CBS BetMGM NFL Odds: Ravens by 16. Against the spread: Ravens 6-6-1; Giants 4-9. Series record: Ravens lead 5-3. Last meeting: Giants beat the Ravens 24-20 on Oct. 16, 2022, in East Rutherford, N.J. Last week: Ravens had a bye; Giants lost to Saints 14-11. Ravens: overall (1), rush (2), pass (5), scoring (3) Ravens defense: overall (22), rush (1), pass (32), scoring (23) Giants offense: overall (26), rush (15), pass (28), scoring (32) Giants defense: overall (16), rush (29), pass (6), scoring (T14) Turnover differential: Raven plus-2; Giants minus-8. Ravens player to watch K Justin Tucker is having the worst season of his outstanding career, and the potentially windy conditions in East Rutherford could post another challenge for him. Baltimore would love to see some signs that he’s rounding into form as the playoffs draw closer. Giants player to watch QB Tommy DeVito. He is probably going to get his second start of the season with Drew Lock in a walking boot. The New Jersey product didn’t do much in a 30-7 loss to Tampa Bay in his first start. He was 21 of 31 for 189 yards and no touchdowns. RELATED COVERAGE 49ers LB De’Vondre Campbell refuses to enter game after losing his starting spot The Rams get 4 field goals to beat the 49ers 12-6 in a sloppy game Saints choose Jake Haener to start in Derek Carr’s place against Washington, AP source says Key matchup Playing without Pro Bowler Dexter Lawrence and fellow defensive tackle Rakeem Nunez-Roches, the young line held its own against Alvin Kamara and the Saints last week, limiting the team to 92 yards rushing on 33 carries. Slowing down the league’s No. 1 offense and No. 2 running game led by Lamar Jackson and Derrick Henry will be a lot tougher. The AP Top 25 college football poll is back every week throughout the season! Get the poll delivered straight to your inbox with AP Top 25 Poll Alerts. Sign up here . Key injuries Ravens: WR Rashod Bateman (knee) practiced this week, and Balticmore is generally pretty healthy following its open date. NT Michael Pierce (calf) and LB Kyle Van Noy (hamstring/neck) practiced as well. Giants: CB Deonte Banks (ribs), ILB Bobby Okereke (back), Nunez-Roches (shoulder-neck), T Chris Hubbard (knee), CB Dru Phillips (shoulder), LT Jermaine Eluemunor (quad) all missed last week and could be out again. ... QB Drew Lock (heel), LG Jon Runyan Jr. (ankle) and CB Tre Hawkins (back) were hurt in the game. Hawkins and S Tyler Nubin (ankle) were placed on injured reserve. Runyan is week to week. Lock is unlikely. T Evan Neal (hip-ankle), T Josh Ezeudu (knee), S Dane Belton (knee), WR Malik Nabers (hip), DL Jordon Riley (knee) are on the injury report. Series notes The Giants have won the past three games, including the most recent one in Brian Daboll’s first season as coach. The Ravens won the biggest game, beating New York 34-7 in the Super Bowl in Tampa, Fla., on Jan. 28, 2001. Stats and stuff The Ravens are coming off a bye week. ... Baltimore averages an NFL-leading 422.5 yards of offense. ... Jackson has had an NFL-best eight games of two or more touchdown passes and no interceptions. He’s had no picks in 6 of 7 road games this season. ... WR Zay Flowers leads the team with 74 catches. ... Mark Andrews is tied for second among NFL tight ends with seven touchdown receptions. ... LB Roquan Smith aims for his fourth game in a row with at least 11 tackles. He is tied for fifth in the league with 121 tackles. ... LB Kyle Van Noy recovered a fumble for touchdown in his only game against the Giants. ... LB Odafe Oweh has had a sack in his past two road games. ... Nabers leads the Giants with 80 catches, 819 yards and three touchdown receptions. Fellow rookie RB Tyrone Tracy leads the team with 664 yards rushing and five TDs. ... WR Wan’Dale Robinson is second behind Nabers with 67 catches. The Giants are the only team with two players with at least 67 receptions. ... The Giants have an NFL-low eight touchdown receptions. ... Nubin led all rookies with 97 tackles before going on IR. ... Hawkins had an interception last week, the Giants’ first since the season opener. ... OLB Brian Burns had a sack, two tackles for loss and a forced fumble against the Saints. .... ILB Micah McFadden had a team-high 11 tackles, including five for losses last week. He is the fifth player in the past five seasons with five TFLs in one game. ... OLB Kayvon Thibodeaux had sack and two TFLs last week. Fantasy tip Ravens RB Derrick Henry. He rushed for 170 yards and two touchdowns in only road game against the Giants. He is tied for the NFL lead with 15 overall TDs, 13 rushing. The 30-year-old is second in the league with 1,407 yards rushing and 1,532 yards from scrimmage. ___ AP NFL: https://apnews.com/hub/nfl
Symbotic Announces Acquisition of OhmniLabs
LOS ANGELES — Historically, before they find their rhythm, Eric Musselman’s teams have never quite stacked the deck. For three consecutive years, when Musselman arrived in Fayetteville, Arkansas didn’t play a single top-25 team across their nonconference slate before diving into SEC play. That changed, into 2023-24, when the Razorbacks took on powers North Carolina, Duke and Oklahoma in November and December as part of a rough-and-tumble season. But with Musselman’s return to Southern California roots this spring, and a roster carefully pieced together from transfer-portal remnants, he returned to a softer slate in the early months. That’s come in matchups and in travel, as USC hasn’t and won’t travel beyond Palm Desert for a single nonconference game this season. “When you take the two games in Palm Springs, and 20 league games, and Cal, that’s a good enough strength of schedule,” Musselman said, after USC’s early November opener against Chattanooga. The Trojans’ early-season slate, though, was as cushy a Musselman-led team has had in recent memory. And they bounced, quickly, to a 5-1 record, with four games against teams currently under .500. Then they traveled two hours east to the desert, and came away thoroughly embarrassed. USC’s 71-36 loss to Saint Mary’s on Thursday was the worst loss in program memory since Andy Enfield’s Trojans were smacked by TCU by 35 points in 2018. The underlying realities, too, were even uglier than the final score: USC shot 26% from the floor, went 0 for 12 from deep, recorded a total of six assists and were doubled in rebounding. After a subsequent loss to New Mexico on Saturday, any fuzzy feelings from Musselman’s early tenure have quickly faded, with the Trojans sitting at 5-3 entering their Big Ten debut against 12th-ranked Oregon on Wednesday night. With a roster of new faces, USC’s defensive identity still hasn’t clicked, and their offensive identity looks even more fragile. Entering conference play, here’s a breakdown of three key takeaways from the Trojans’ nonconference slate. Who are the late-game closers? USC’s roster was constructed on versatility, with Musselman often emphasizing that USC would turn smaller or bigger based upon game flow and style of opponent. But eight games in, it’s abundantly clear Musselman’s still tinkering, a development that suggests his program hasn’t yet found a consistent identity. Twelve Trojans have seen stints, of one form or another, in Musselman’s rotation in this early part of the season. In an 83-73 loss to New Mexico that had ballooned to a 20-point deficit with six minutes to play, USC closed with freshman Isaiah Elohim and sophomore Kevin Patton Jr., both of whom had rarely played for extended stretches. Center Josh Cohen is USC’s top scorer through eight games, but wasn’t on the floor late against Cal and New Mexico. It’s clear, at the moment, Musselman trusts USC’s wings to finish games more than relying on Cohen or another big. But precisely which wings, still, is yet to be determined. More Saint Thomas More does not mean more production. Through eight games, the Northern Colorado transfer is USC’s leader in rebounds, assists and steals, playing the kind of 6-foot-7 do-everything role Musselman saw early in his blend of ball-handling and physicality. “When we got the commitment, we felt like he was going to have to carry a load,” Musselman said in early November. But one key ingredient is missing: The fiery Thomas hasn’t been the go-to scorer he so often showed in exhibition games. He’s averaging just 8.3 points a game, shooting 37% from the floor and 25% from deep while often passing up shots in the flow of USC’s offense. These Trojans desperately need shot creators. Thomas consistently taking 10-plus shots a game and finding a rhythm would go a long way. Young Trojans in waiting For long stretches in USC’s first few games, Washington transfer Wesley Yates III has looked like USC’s best player and completely unaware of the concept of shot selection, a maddening conundrum that saw him score in double figures for four straight games before falling in Musselman’s rotation. “Wes has a great ability to score the ball, but he’s got a lot of things – as a lot of young players need to grow – and understand how to play with discipline on both ends of the floor,” Musselman said earlier in the year. Elohim, a Sierra Canyon product, has gotten a few looks but little consistent run to establish himself as a scorer. Patton Jr., a San Diego import, has seen some opportunity since returning from injury. Freshman Jalen Shelley looked dynamic in a preseason scrimmage, but has barely played. Musselman, thus far, has shown much more trust in his veteran transfers – keep an eye on the stock of USC’s youth quadrant.
3 Good Things About BlackBerry Q3 Earnings (Rating Upgrade)Pension industry share services will kick off soon – PenCom
CHARLESTON, S.C. , Dec. 12, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today filed a Form 8-K with the United States Securities and Exchange Commission (SEC) stating that the Company concluded a material pre-tax noncash impairment charge, which may be up to approximately $415 million , is required for its EVERFI asset group and will be recorded during the fourth quarter of 2024. As previously disclosed, due to EVERFI performing below expectations, Blackbaud is considering a range of alternatives for EVERFI, one of which includes a potential divestiture of the business. The impairment charge was determined to be necessary as part of this process. "To comply with generally accepted accounting principles, we're planning to record this noncash charge in the fourth quarter," said Mike Gianoni , president, CEO and vice chairman of the board of directors. "We want to emphasize that EVERFI remains well positioned to support its customers and continue helping companies dedicated to social impact reach communities through custom education and workplace solutions for today's key issues. In addition, Blackbaud's core business remains strong, and we are committed to helping customers around the world use technology to drive meaningful social impact. As we determine our long-term strategic approach to the EVERFI business, we will continue to provide updates." Additional details can be found in Blackbaud's Form 8-K filed today with the SEC. About Blackbaud Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud's essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud's solutions are unleashing the potential of the people and organizations who change the world. Blackbaud has been named to Newsweek's list of America's Most Responsible Companies, Quartz's list of Best Companies for Remote Workers, and Forbes' list of America's Best Employers. A remote-first company, Blackbaud has operations in the United States , Australia , Canada , Costa Rica , India and the United Kingdom , supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter , LinkedIn , Instagram and Facebook . Media Inquiries media@blackbaud.com Forward-looking Statements Except for historical information, all of the statements, expectations and assumptions contained in this Current Report on Form 8-K are forward- looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company's estimates regarding the impairment charge related to the EVERFI assets. These statements involve a number of risks and uncertainties. Although we attempt to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the risk factors set forth from time to time in our filings with the Securities and Exchange Commission (the "SEC"), copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from our investor relations department. We assume no obligation and do not intend to update these forward- looking statements, except as required by law. View original content to download multimedia: https://www.prnewswire.com/news-releases/blackbaud-announces-impairment-charge-related-to-everfi-assets-302330791.html SOURCE Blackbaud
Mainframe modernization that meets you where you areSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ZUO, ARCH, CYTH on Behalf of ShareholdersTrump offers support for dockworkers union by saying ports shouldn't install more automated systems
ARLINGTON, Va., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (Nasdaq: FLNC) ("Fluence” or the "Company”), a global market leader delivering intelligent energy storage, operational services, and asset optimization software, today announced the completion of the previously announced offering of $400.0 million aggregate principal amount of 2.25% convertible senior notes due 2030 (the "Notes”). Fluence also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days from, and including, the date the Notes are first issued, up to an additional $50.0 million aggregate principal amount of the Notes. The Notes issued on December 12, 2024 include $50.0 million principal amount of Notes issued pursuant to the full exercise by the initial purchasers of their option to purchase additional Notes. The Notes will be senior, unsecured obligations of Fluence, will accrue interest payable semi-annually in arrears and will mature on June 15, 2030, unless earlier repurchased, redeemed or converted. On December 10, 2024, in connection with the pricing of the Notes, the Company entered into privately negotiated capped call transactions (the "base capped call transactions”) with one or more of the initial purchasers and/or their respective affiliates and/or other financial institutions (the "counterparties”). In addition, on December 11, 2024, in connection with the initial purchasers' exercise of their option to purchase additional Notes, the Company entered into additional capped call transactions (the "additional capped call transactions” and, together with the base capped call transactions, (the "capped call transactions") with the counterparties. The capped call transactions cover, subject to customary adjustments, the number of shares of the Company's Class A common stock that will initially underlie the Notes. The cap price of the capped call transactions represents a premium over the last reported sale price of the Company's Class A common stock on the pricing date of the offering of the Notes. The capped call transactions are generally expected to offset the potential dilution to the Class A common stock and/or offset any cash payments the Company is required to make in excess of the principal amount of converted Notes, with such offset subject to a cap, as the case may be, as a result of any conversion of the Notes. In connection with establishing their initial hedge of these capped call transactions, the Company has been advised that the counterparties (i) may enter into various over-the-counter cash-settled derivative transactions with respect to the Class A common stock and/or purchase the Class A common stock in secondary market transactions concurrently with, or shortly after, the pricing of the Notes; and (ii) may enter into or unwind various over-the-counter derivatives and/or purchase the Class A common stock in secondary market transactions following the pricing of the Notes. These activities could have the effect of increasing or preventing a decline in the price of the Class A common stock concurrently with or following the pricing of the Notes and under certain circumstances, could affect the ability to convert the Notes. In addition, we expect that the counterparties may modify or unwind their hedge positions by entering into or unwinding various derivative transactions and/or purchasing or selling the Class A common stock or other securities of the Company in secondary market transactions following the pricing of the Notes and prior to maturity of the Notes (and are likely to do so (x) during any observation period related to a conversion of the Notes or following any redemption or fundamental change repurchase of the Notes, (y) following any other repurchase of the Notes if the Company unwinds a corresponding portion of the capped call transactions in connection with such repurchase and (z) if the Company otherwise unwinds all or a portion of the capped call transactions). The effect, if any, of these transactions and activities on the market price of the Class A common stock or the Notes will depend in part on market conditions and cannot be ascertained at this time, but any of these activities could adversely affect the value of the Class A common stock and the value of the Notes, and potentially the value of the consideration that a noteholder will receive upon the conversion of the Notes and could affect a noteholder's ability to convert the Notes. Fluence used a portion of the net proceeds from the offering to fund the cost of entering into the capped call transactions. Fluence intends to transfer the remaining net proceeds of the offering directly to purchase an intercompany subordinated convertible promissory note issued by Fluence Energy, LLC, the proceeds of which Fluence Energy, LLC intends to use for working capital needs, upgrading one of its battery cell production lines from 305 amp hour cells to 530 amp hour cells, and general corporate purposes. The offer and sale of the Notes and any shares of Class A common stock issuable upon conversion of the Notes have not been, and will not, be registered under the Securities Act or any other securities laws, and the Notes and any such shares cannot be offered or sold except to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration provided by Rule 144A under the Securities Act. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, the Notes or any shares of Class A common stock issuable upon conversion of the Notes, nor shall there be any sale of the Notes or any such shares, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers of the Notes will be made only by means of a private offering memorandum. About Fluence: Fluence Energy, Inc. (Nasdaq: FLNC) is a global market leader delivering intelligent energy storage and optimization software for renewables and storage. The Company's solutions and operational services are helping to create a more resilient grid and unlock the full potential of renewable portfolios. With gigawatts of projects successfully contracted, deployed and under management across nearly 50 markets, the Company is transforming the way we power our world for a more sustainable future. Cautionary Note Regarding Forward-Looking Statements The statements contained in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In particular, statements regarding the consummation of the offering of the Notes, the consummation of the capped calls transactions, our future results of operations and financial position, operational performance, anticipated growth and business strategy, future revenue recognition and estimated revenues, future capital expenditures and debt service obligations, projected costs, prospects, plans, and objectives of management for future operations, including, among others, statements regarding expected growth and demand for our energy storage solutions, services, and digital application offerings, relationships with new and existing customers and suppliers, introduction of new energy storage solutions, services, and digital application offerings and adoption of such offerings by customers, assumptions relating to the Company's tax receivable agreement, expectations relating to backlog, pipeline, and contracted backlog, current expectations relating to legal proceedings, and anticipated impact and benefits from the Inflation Reduction Act of 2022 and related domestic content guidelines on us and our customers as well as any other proposed or recently enacted legislation, are forward-looking statements. In some cases, you may identify forward-looking statements by terms such as "may,” "will,” "should,” "expects,” "plans,” "anticipates,” "could,” "seeks,” "intends,” "targets,” "projects,” "contemplates,” "grows,” "believes,” "estimates,” "predicts,” "potential”, "commits”, or "continue” or the negative of these terms or other similar expressions. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, and uncertainties that are difficult to predict. Among those risks and uncertainties are market conditions and the consummation of the offering of the Notes and the consummation of the capped calls transactions. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements. These forward-looking statements are subject to a number of important factors that could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, our relatively limited operating and revenue history as an independent entity and the nascent clean energy industry; anticipated increasing expenses in the future and our ability to maintain prolonged profitability; fluctuations of our order intake and results of operations across fiscal periods; potential difficulties in maintaining manufacturing capacity and establishing expected mass manufacturing capacity in the future; risks relating to delays, disruptions, and quality control problems in our manufacturing operations; risks relating to quality and quantity of components provided by suppliers; risks relating to our status as a relatively low-volume purchaser as well as from supplier concentration and limited supplier capacity; risks relating to operating as a global company with a global supply chain; changes in the cost and availability of raw materials and underlying components; failure by manufacturers, vendors, and suppliers to use ethical business practices and comply with applicable laws and regulations; significant reduction in pricing or order volume or loss of one or more of our significant customers or their inability to perform under their contracts; risks relating to competition for our offerings and our ability to attract new customers and retain existing customers; ability to maintain and enhance our reputation and brand recognition; ability to effectively manage our recent and future growth and expansion of our business and operations; our growth depends in part on the success of our relationships with third parties; ability to attract and retain highly qualified personnel; risks associated with engineering and construction, utility interconnection, commissioning and installation of our energy storage solutions and products, cost overruns, and delays; risks relating to lengthy sales and installation cycle for our energy storage solutions; risks related to defects, errors, vulnerabilities and/or bugs in our products and technology; risks relating to estimation uncertainty related to our product warranties; fluctuations in currency exchange rates; risks related to our current and planned foreign operations; amounts included in our pipeline and contracted backlog may not result in actual revenue or translate into profits; risks related to acquisitions we have made or that we may pursue; events and incidents relating to storage, delivery, installation, operation, maintenance and shutdowns of our products; risks relating to our impacts to our customer relationships due to events and incidents during the project lifecycle of an energy storage solution; actual or threatened health epidemics, pandemics or similar public health threats; ability to obtain financial assurances for our projects; risks relating to whether renewable energy technologies are suitable for widespread adoption or if sufficient demand for our offerings do not develop or takes longer to develop than we anticipate; estimates on size of our total addressable market; barriers arising from current electric utility industry policies and regulations and any subsequent changes; risks relating to the cost of electricity available from alternative sources; macroeconomic uncertainty and market conditions; risk relating to interest rates or a reduction in the availability of tax equity or project debt capital in the global financial markets and corresponding effects on customers' ability to finance energy storage systems and demand for our energy storage solutions; reduction, elimination, or expiration of government incentives or regulations regarding renewable energy; decline in public acceptance of renewable energy, or delay, prevent, or increase in the cost of customer projects; severe weather events; increased attention to ESG matters; restrictions set forth in our current credit agreement and future debt agreements; uncertain ability to raise additional capital to execute on business opportunities; ability to obtain, maintain and enforce proper protection for our intellectual property, including our technology; threat of lawsuits by third parties alleging intellectual property violations; adequate protection for our trademarks and trade names; ability to enforce our intellectual property rights; risks relating to our patent portfolio; ability to effectively protect data integrity of our technology infrastructure and other business systems; use of open-source software; failure to comply with third party license or technology agreements; inability to license rights to use technologies on reasonable terms; risks relating to compromises, interruptions, or shutdowns of our systems; changes in the global trade environment; potential changes in tax laws or regulations; risks relating to environmental, health, and safety laws and potential obligations, liabilities and costs thereunder; failure to comply with data privacy and data security laws, regulations and industry standards; risks relating to potential future legal proceedings, regulatory disputes, and governmental inquiries; risks related to ownership of our Class A common stock; risks related to us being a "controlled company” within the meaning of the NASDAQ rules; risks relating to the terms of our amended and restated certificate of incorporation and amended and restated bylaws; risks relating to our relationship with our Founders and Continuing Equity Owners; risks relating to conflicts of interest by our officers and directors due to positions with Continuing Equity Owners; risks related to short-seller activists; we depend on distributions from Fluence Energy, LLC to pay our taxes and expenses and Fluence Energy, LLC's ability to make such distributions may be limited or restricted in certain scenarios; risks arising out of the Tax Receivable Agreement; unanticipated changes in effective tax rates or adverse outcomes resulting from examination of tax returns; risks relating to improper and ineffective internal control over reporting to comply with Sarbanes-Oxley Act; risks relating to changes in accounting principles or their applicability to us; risks relating to estimates or judgments relating to our critical accounting policies; and the factors described under the headings Part I, Item 1A. "Risk Factors” and Item 7. "Management's Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the fiscal year ended September 30, 2024. If one or more events related to these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may differ materially from what we anticipate. Many of the important factors that will determine these results are beyond our ability to control or predict. Accordingly, you should not place undue reliance on any such forward-looking statements. We qualify all forward-looking statements contained in this press release by these cautionary statements. Any forward-looking statement speaks only as of the date on which it is made, and, except as otherwise required by law, we do not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. New factors emerge from time to time, and it is not possible for us to predict which will arise. In addition, we cannot assess the impact of each factor on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Contacts: Analyst Lexington May, Vice President, Finance & Investor Relations +1 713-909-5629 Email: [email protected] Media Email: [email protected]
AP Sports SummaryBrief at 6:35 p.m. ESTDozens protest deaths at St. Louis jail. Some say it needs to close.
Stewart Announces Contract Extension for CEO Fred EppingerCHARLESTON, S.C. , Dec. 12, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today filed a Form 8-K with the United States Securities and Exchange Commission (SEC) stating that the Company concluded a material pre-tax noncash impairment charge, which may be up to approximately $415 million , is required for its EVERFI asset group and will be recorded during the fourth quarter of 2024. As previously disclosed, due to EVERFI performing below expectations, Blackbaud is considering a range of alternatives for EVERFI, one of which includes a potential divestiture of the business. The impairment charge was determined to be necessary as part of this process. "To comply with generally accepted accounting principles, we're planning to record this noncash charge in the fourth quarter," said Mike Gianoni , president, CEO and vice chairman of the board of directors. "We want to emphasize that EVERFI remains well positioned to support its customers and continue helping companies dedicated to social impact reach communities through custom education and workplace solutions for today's key issues. In addition, Blackbaud's core business remains strong, and we are committed to helping customers around the world use technology to drive meaningful social impact. As we determine our long-term strategic approach to the EVERFI business, we will continue to provide updates." Additional details can be found in Blackbaud's Form 8-K filed today with the SEC. About Blackbaud Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud's essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud's solutions are unleashing the potential of the people and organizations who change the world. Blackbaud has been named to Newsweek's list of America's Most Responsible Companies, Quartz's list of Best Companies for Remote Workers, and Forbes' list of America's Best Employers. A remote-first company, Blackbaud has operations in the United States , Australia , Canada , Costa Rica , India and the United Kingdom , supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on X/Twitter , LinkedIn , Instagram and Facebook . Media Inquiries media@blackbaud.com Forward-looking Statements Except for historical information, all of the statements, expectations and assumptions contained in this Current Report on Form 8-K are forward- looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company's estimates regarding the impairment charge related to the EVERFI assets. These statements involve a number of risks and uncertainties. Although we attempt to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the risk factors set forth from time to time in our filings with the Securities and Exchange Commission (the "SEC"), copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from our investor relations department. We assume no obligation and do not intend to update these forward- looking statements, except as required by law. View original content to download multimedia: https://www.prnewswire.com/news-releases/blackbaud-announces-impairment-charge-related-to-everfi-assets-302330791.html SOURCE Blackbaud
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