Rutgers looks to pick up steam in clash vs. Seton Hall
In recent news, a man has been discovered to have engaged in the illegal acquisition of personal information from over 400 mobile phones, which he then used to resell lucky bags for a hefty profit. This unethical behavior has raised concerns about privacy and data security in today's digital age.In the aftermath of the match, the superstar reflects on his journey back from injury and the challenges he faced along the way. He is grateful for the unwavering support of his fans, teammates, and coaching staff, who stood by him through thick and thin. And he is determined to continue pushing himself to new heights, to lead his team to even greater success in the future.
The leadership decisions made by the club's management have also been a cause for concern among fans and observers. The appointment of Ole Gunnar Solskjaer as manager raised eyebrows initially, as he lacked the experience and credentials to lead a club of Manchester United's stature. While Solskjaer has shown flashes of promise and guided the team to some impressive victories, questions remain about his tactical acumen and ability to compete with the top managers in the league.
As Oscar announced his departure from the CSL, emotions ran high. In a heartfelt farewell message, he expressed his gratitude to the club, his teammates, and the fans for their unwavering support throughout his time in China. Tears welled up in his eyes as he bid goodbye to a chapter of his career that had been both rewarding and challenging.
One of the key factors that contributed to the success of "Nezha" was its ability to strike a balance between entertainment and cultural authenticity. The film seamlessly integrated Chinese mythology and folklore into a modern narrative, creating a story that felt both familiar and fresh to audiences around the world. As the animation industry continues to evolve and expand, "Nezha 2" has the opportunity to further showcase the rich tapestry of Chinese culture and storytelling.Agrochemicals Market Poised for Significant Growth, Projected to Reach $282.2 Billion by 2028
In conclusion, the eruption of Mount Taal has unleashed a wave of devastation and displacement in the Philippines, underscoring the urgent need for preparedness, response, and recovery efforts. As the country grapples with the aftermath of the eruption, unity, compassion, and resilience will be key in navigating through this challenging time and rebuilding a stronger and more resilient future for all.( MENAFN - Jordan Times) The Arab region is facing unprecedented challenges in its efforts to end hunger and all forms of malnutrition and ensure that everyone has access to adequate andaffordable healthy diets. This is due to multiple challenges and factors beyond the actions and controls of the Arab countries. There consequences, however, of these challenges and factors have burdened the population widely and burdened the governments to ensure the minimum food security by providing subsidies and other forms of support; which are becoming challenging in itself as a policy tool, due to tight fiscal space. In the near future, it does not seem that there will be a significant improvement in the current situation. The recent crises such as the ongoing Russian-Ukrainian war, the COVID-19 and ongoing negative impacts of climate change has stressed the agrifood systems and disrupted food supply chains around the world, including in the Arab region. In fact, it was one of the most affected world regions, mainly due to its heavy reliance on food imports from global markets and the Black Sea region. According to the joint UN Report“2022 Near East and North Africa Regional Overview of Food Security and Nutrition” recently published by the Food and Agriculture Organisation of the United Nations, the Arab region accounted for 7.6 per cent of the world's total agricultural imports in 2020. The countries of the Near East and North Africa are among the world's largest importers of grains, and more than 50 per cent of the caloric requirements are met through the food imports. In the United Arab Emirates, Kuwait, Saudi Arabia, Jordan, and Yemen, more than 80 per cent of the total local availability of calories comes from imports. The report highlights the significant crisis the region is facing due to this situation, with the number of people suffering from malnutrition in the region reaching 54.3 million in 2021, or 12.2 per cent of the total population. This represents a 55 per cent increase over the figures of 2010; that is, before the region was hit by major shocks resulting from a wave of conflicts and popular uprisings number of people suffering from severe food insecurity in 2021 is estimated at 53.9 million, an increase of 5 million from the previous year. Moderate or severe food insecurity rates also continued to rise, negatively affecting an estimated 154.3 million people in 2021, and an increase of 11.6 million people compared to 2020. The number of people suffering from food insecurity has been steadily increasing since 2014, with 34.7 per cent of the total population suffering from moderate or severe food insecurity in 2021. More than half of the Arab population could not afford a healthy diet. At first glance, these indicators and figures suggest that the Arab region is unlikely to achieve Sustainable Development Goal 2 of eliminating hunger by 2030, in addition to many other challenges including climate change, conflicts, disasters and structural problems such as poverty and inequality. However, despite these alarming figures, there is still a chance to reverse this situation, overcome these crises and challenges, and return to the right path towards achieving food and nutrition goals by bringing about a transformation in the food and agri-systems of the region's countries to make them more inclusive, sustainable, and resilient. Some countries in the region have begun to realise this and are striving to prepare their food and agricultural systems for this transformation through various sustainable agricultural and rural development strategies. The first step toward this change is to enhance and disseminate the necessary knowledge and technology and enabling frameworks such as the financing. Moreover, enhancing integration between the countries and intra-regional trade would help in reducing the food import bill, while optimally utilising local resources in the Arab countries. This requires strategic investment in all these areas, along with a high-level political will and the development of clear and tested policies. Our attempt to reduce the food import bill should not neglect the importance of trade in ensuring the achievement of the four dimensions of food and nutrition security, which are availability, access, utilisation, and stability. Trade can increase the quantity and diversity of food and reduce its prices in food-importing countries. International trade, therefore, is essential for diverse and healthy food systems in the region. The writer is assistant director general and regional representative for the Near East and North Africa, Food and Agriculture Organisation of the United Nations. Copyright: Project Syndicate, 2023. MENAFN02122024000028011005ID1108949048 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Recently, a controversy arose when high school graduates in a certain district were asked to fill out a political screening form as part of their graduation procedures. This form required students to provide information about their ancestral background, specifically details about their great-grandparents' family origins. Many students and parents were taken aback by this unusual requirement, and concerns were raised about the intrusive nature of the questions and the purpose of collecting such information.San Francisco 49ers running back Christian McCaffrey and top backup Jordan Mason are being placed on injured reserve. McCaffrey left the snowy field in Buffalo on Sunday night after a 5-yard gain that was preceded by him heading to the sideline in apparent pain at the end of an 18-yard run. McCaffrey was diagnosed with a posterior cruciate ligament injury in his right knee and did not play in the second half. The 49ers also lost Jordan Mason, who emerged in a starting role with McCaffrey out the first two months of the season, to an ankle injury. Head coach Kyle Shanahan said Monday that Mason has a high-ankle sprain, which typically requires a recovery window of 4-6 weeks. Those moves push rookie Isaac Guerendo into the RB1 spot. He scored the team's only touchdown at Buffalo. The IR slots in San Francisco are manned by multiple starters, including wide receiver Brandon Aiyuk, linebacker Dre Greenlaw, defensive tackle Javon Hargrave and safety Talanoa Hufanga. Mason had a team-leading 789 rushing yards and scored three touchdowns. Being placed on IR means he's not eligible to play until the regular-season finale at Arizona. McCaffrey had 53 yards on seven carries on Sunday night and caught two passes for 14 yards before exiting. He was playing in just his fourth game of the season after missing the first eight because of Achilles tendinitis. McCaffrey was the NFL Offensive Player of the Year last season, when he led the league with 2,023 yards from scrimmage: a league-leading 1,459 rushing yards and 14 touchdowns plus 67 catches for 564 yards and seven scores. McCaffrey hasn't scored a touchdown in his four appearances this season. He has rushed for 202 yards on 50 carries and caught 15 passes for 146 yards. "It was frustrating," Shanahan said after the game. "He had a great week of practice and I could feel his urgency and stuff and thought he came out great, looking really good, and it looked like he just got his shoestring there. ... I hurt for him, and tough for our team not having him." The 49ers (5-7) played without defensive end Nick Bosa (oblique) and left tackle Trent Williams (ankle) in the 35-10 loss. San Francisco has lost three in a row heading into next Sunday's game against the Chicago Bears (4-8) in Santa Clara, Calif. San Francisco resides two games behind the NFC West-leading Seattle Seahawks (7-5) with five games remaining on the schedule. Seattle and San Francisco split their season series. --Field Level Media
How long will Trump’s honeymoon with the stock market last?In the grand tapestry of life, it is often the smallest and most unexpected elements that can lead to the greatest transformations. For this couple, it was 500,000 kilograms of radishes that served as the catalyst for a journey of self-discovery, growth, and innovation. As they continue to create culinary masterpieces and push the boundaries of traditional cuisine, they serve as a shining example of what can be achieved through hard work, determination, and a dash of creativity.
Brainy, 'normal guy': the suspect in US insurance CEO's slayingThe suspect in the high-profile killing of a health insurance CEO that has gripped the United States graduated from an Ivy League university, reportedly hails from a wealthy family, and wrote social media posts brimming with cerebral musings. Luigi Mangione, 26, was thrust into the spotlight Monday after police revealed he is their person of interest in the brutal murder of United Healthcare CEO Brian Thompson, a father of two, last week in broad daylight in Manhattan in a case that laid bare deep frustration and anger with America's privatized medical system. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Zach Kittley finalizing agreement to take over as Florida Atlantic coach, AP source saysSAND SPRINGS, Okla. , Dec. 2, 2024 /PRNewswire/ -- Webco Industries, Inc. (OTC: WEBC) today reported results for our first quarter of fiscal year 2025, which ended October 31, 2024 . For our first quarter of fiscal year 2025, we had a net loss of $0.1 million , or a loss of $0.13 per diluted share, while in our first quarter of fiscal year 2024, we had net income of $5.1 million , or $6.25 per diluted share. Net sales for the first quarter of fiscal 2025 were $141.4 million , a 10.4 percent decrease from the $157.8 million of sales in the first quarter of fiscal year 2024. Dana S. Weber , Chief Executive Officer and Board Chair, stated, "The domestic manufacturing economy has been worsening over the past year. Further, we have certain markets that are being adversely impacted by foreign imports. We continue to focus on positioning Webco for various economic environments and opportunities by maintaining a strong balance sheet and good liquidity and making compelling investments in our business. Our total cash, short-term investments and available credit on our revolver were $89.0 million at October 31, 2024 , which we believe to be a competitive advantage." In the first quarter of fiscal year 2025, we had income from operations of $1.1 million after depreciation of $4.7 million . The first fiscal quarter of the prior year generated income from operations of $8.0 million after depreciation of $3.7 million . Gross profit for the first quarter of fiscal 2025 was $13.6 million , or 9.7 percent of net sales, compared to $21.6 million , or 13.7 percent of net sales, for the first quarter of fiscal year 2024. Selling, general and administrative expenses were $12.6 million in the first quarter of fiscal 2025 and $13.6 million in the first quarter of fiscal 2024. SG&A expenses in the first quarter of fiscal year 2025 reflect a decrease in costs related to lower profitability, such as company-wide incentive compensation and variable pay programs, offset by inflation we have experienced in wages and other expenses. Interest expense was $1.2 million in the first quarter of fiscal year 2025 and $1.3 million in the same quarter of fiscal year 2024. Average construction-based investments decreased in fiscal year 2025 and, as a result, capitalized interest decreased $0.2 million when compared to the first quarter of fiscal year 2024. Capitalized interest decreases net interest expense in the consolidated statement of operations. Notwithstanding capitalized interest, the impact of increased interest rates was more than offset by lower average debt balances. Capital expenditures incurred amounted to $5.1 million in the first quarter of fiscal year 2025, down from $10.1 in the first quarter of fiscal year 2024. Included in our capital spending for the first quarter of fiscal year 2024 was construction of our F. William Weber Leadership Campus, which houses our Tech Center and corporate headquarters. The Tech Center, which is the tip of the spear that leads Webco's trusted and technical brand throughout our industry, was completed in the fourth quarter of fiscal year 2024. As of October 31, 2024 , we had $18.6 million in cash and short-term investments, in addition to $70.4 million of available borrowing under our $220 million senior revolving credit facility. Availability on the revolver, which had $44.0 million drawn at October 31, 2024 , was subject to advance rates on eligible accounts receivable and inventories. Our term loan and revolver mature in September 2027. Accounting rules require asset-based debt agreements like our revolver to be classified as a current liability, despite its fiscal year 2028 maturity. Webco's stock repurchase program authorizes the purchase of our outstanding common stock in private or open market transactions. In September 2023 , the Company's Board of Directors refreshed the repurchase program with a new limit of up to $40 million and extended the program's expiration until July 31 , 2026. We purchased 2,850 shares of our stock during the first quarter of fiscal year 2025. Including the current fiscal year, Webco has purchased approximately 158,000 shares over the course of the last five fiscal years. The repurchase plan may be extended, suspended or discontinued at any time, without notice, at the Board's discretion. Webco's mission is to continuously build on our strengths as we create a vibrant company for the ages. We leverage our core values of trust and teamwork, continuously building strength, agility and innovation. We focus on practices that support our brand such that we are 100% engaged every day to build a forever kind of company for our Trusted Teammates, customers, business partners, investors and community. We provide high-quality carbon steel, stainless steel and other metal specialty tubing products designed to industry and customer specifications. We have five tube production facilities in Oklahoma and Pennsylvania and eight value-added facilities in Oklahoma , Illinois , Michigan , Pennsylvania and Texas , serving customers globally. Our F. William Weber Leadership Campus is in Sand Springs, Oklahoma and houses our corporate offices and our Webco TechCenterTM, providing a state-of-the-art laboratory and R & D facility to lead and develop technical solutions. Risk Factors and Forward-looking statements: Certain statements in this release, including, but not limited to, those preceded by or predicated upon the words "anticipates," "appears," "believes," "estimates," "expects," "forever," "hopes," "intends," "plans," "projects," "pursue," "should," "will," "wishes," or similar words may constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company, or industry results, to differ materially from any future results, performance or achievements expressed or implied herein. Such risks, uncertainties and factors include the factors discussed above and, among others: general economic and business conditions, including any global economic downturn; government policy or low hydrocarbon prices that stifle domestic investment in energy; competition from foreign imports, including any impacts associated with dumping or the strength of the U.S. dollar; political or social environments that are unfriendly to industrial or energy-related businesses; changes in manufacturing technology; the banking environment, including availability of adequate financing; worldwide and domestic monetary policy; changes in tax rates and regulation; regulatory and permitting requirements, including, but not limited to, environmental, workforce, healthcare, safety and national security; availability and cost of adequate qualified and competent personnel; changes in import / export tariff or restrictions; volatility in raw material cost and availability for the Company, its customers and vendors; the cost and availability, including time for delivery, of parts and services necessary to maintain equipment essential to the Company's manufacturing activities; the cost and availability of manufacturing supplies, including process gases; volatility in oil, natural gas and power cost and availability; world-wide or national transition from hydrocarbon sources of energy that adversely impact demand for our products; problems associated with product development efforts; significant shifts in product demand away from internal combustion engine automobiles; appraised values of inventories that can impact available borrowing under the Company's credit facility; declaration of material adverse change by a lender; industry capacity; domestic competition; loss of, or reductions in, purchases by significant customers and customer work stoppages; work stoppages by critical suppliers; labor unrest; conditions, including acts of God, that require more costly transportation of raw materials; accidents, equipment failures and insured or uninsured casualties; third-party product liability claims; flood, tornado, winter storms and other natural disasters; customer or supplier bankruptcy; customer or supplier declarations of force majeure; customer or supplier breach of contract; insurance cost and availability; lack of insurance coverage for floods; the cost associated with providing healthcare benefits to employees; customer claims; supplier quality or delivery problems; technical and data processing capabilities; cyberattack on our information technology infrastructure; world, domestic or regional health crises; vaccine mandates or related governmental policy that would cause significant portions of our workforce, or that of our customers or vendors, to leave their current employment; global or regional wars and conflicts; our inability or unwillingness to comply with rules required to maintain the quotation of our shares on any market place; and our inability to repurchase the Company's stock. The Company assumes no obligation to publicly update any such forward-looking statements. No assurance is provided that current results are indicative of those that will be realized in the future. - TABLES FOLLOW - WEBCO INDUSTRIES, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in thousands, except per share data - Unaudited) Three Months Ended October 31, 2024 2023 Net sales $ 141,386 $ 157,837 Cost of sales 127,740 136,231 Gross profit 13,646 21,606 Selling, general & administrative expenses 12,564 13,629 Income (loss) from operations 1,082 7,977 Interest expense 1,151 1,293 Pretax income (loss) (69) 6,684 Provision for (benefit from) income taxes 37 1,600 Net income (loss) $ (106) $ 5,084 Net income (loss) per share: Basic $ (0.13) $ 6.43 Diluted $ (0.13) $ 6.25 Weighted average common shares outstanding: Basic 798,000 790,000 Diluted 798,000 814,000 CASH FLOW DATA (Dollars in thousands - Unaudited) Three Months Ended October 31, 2024 2023 Net cash provided by (used in) operating activities $ 13,851 $ 18,050 Depreciation and amortization $ 4,694 $ 3,696 Cash paid for capital expenditures $ 5,551 $ 12,588 Notes: Amounts may not sum due to rounding. WEBCO INDUSTRIES, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Dollars in thousands - Unaudited) October 31, July 31, 2024 2024 Current assets: Cash $ 2,485 $ 1,171 U.S. Treasury Bonds 16,103 15,903 Accounts receivable 58,668 70,249 Inventories, net 174,673 169,513 Prepaid expenses 9,303 9,530 Total current assets 261,233 266,366 Property, plant and equipment, net 168,748 168,186 Right of use, finance leases, net 954 1,043 Right of use, operating leases, net 21,891 21,879 Other long-term assets 15,696 15,611 Total assets $ 468,522 $ 473,085 Current liabilities: Accounts payable $ 30,230 $ 28,109 Accrued liabilities 32,706 33,066 Current portion of long-term debt, net 43,799 49,115 Current portion of finance lease liabilities 427 429 Current portion of operating lease liabilities 5,178 5,063 Total current liabilities 112,340 115,782 Long-term debt, net of current portion 20,000 20,000 Finance lease liabilities, net of current portion 574 657 Operating lease liabilities, net of current portion 16,577 16,653 Deferred tax liability 39 886 Stockholders' equity: Common stock 9 9 Additional paid-in capital 54,545 54,256 Retained earnings 264,437 264,842 Total stockholders' equity 318,991 319,107 Total liabilities and stockholders' equity $ 468,522 $ 473,085 Notes: Amounts may not sum due to rounding. CONTACT: Mike Howard Chief Financial Officer (918) 241-1094 mhoward@webcotube.com View original content: https://www.prnewswire.com/news-releases/webco-industries-inc-reports-fiscal-2025-first-quarter-results-302320142.html SOURCE Webco Industries, Inc.
Dow Jones futures, along with S&P 500 futures and Nasdaq 100 futures, were little changed ahead of Tuesday's stock market open. Stock market leaders ( ), ( ), ( ) and ( ) sold off sharply on the day, while ( ) fell to a key support level. Artificial intelligence giant ( ) tumbled more than 6% in extended trading after the company missed earnings and sales estimates late Monday. Oracle shares are set to open at their 50-day line if this weakness persists into Tuesday morning. Other key earnings movers include ( ) and ( ). Shares of C3.ai surged nearly 14%, while jumped 9.5% in extended trading. Later in the week, ( ), along with ( ) are scheduled to release earnings results. Also this week, inflation reports in focus will be Wednesday's expected consumer price index and the producer price index, due Thursday. These offer a preview of the core personal consumption expenditures — or PCE — price index, due on Dec. 20. The index is seen as the Fed's primary inflation gauge. Stock Market Today: Nvidia Slides On Monday, the Dow Jones Industrial Average declined 0.5%, while the S&P 500 and Nasdaq both dropped 0.6%. Nvidia sold off 2.6% Monday, closing right at the 10-week moving average line. That's a critical level to watch. A sharp rebound would place Nvidia stock in a new buy zone, while a decisive close below that level would be a key sell signal. ( ) ended a volatile session with a slight gain. The electric vehicle giant topped out Monday at 404.80, its highest price since November 2021 when Tesla stock traded as high as 414.50. Dow Jones Futures Today: Oil Prices, Treasury Yields Ahead of Tuesday's opening bell, Dow Jones futures, along with S&P 500 futures and tech-heavy Nasdaq 100 futures, were little changed vs. fair value. Remember that overnight action in Dow Jones futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session. On Monday, the 10-year U.S. Treasury yield rose to 4.19%. And oil prices climbed, as West Texas Intermediate futures settled around $68.20 a barrel. Remember that overnight action in and elsewhere doesn't necessarily translate into actual trading in the next regular session. AppLovin, Cava, MicroStrategy, Palantir Dive AppLovin plunged nearly 15%, snapping a six-day win streak Monday after the app-monetization company failed to be added to the S&P 500. ( ) and ( ) . On Friday, the stock topped out at 417.64, more than 350% above a cup base's 91.91 buy point. Cava broke dived 12.1%, closing below the 50-day line for the first time since August. Volume was nearly 200% above average. Bitcoin stock MicroStrategy tumbled 7.5%, as the traded below $96,600. MicroStrategy shares closed at their lowest level since Nov. 26. Palantir reversed from new highs to fall more than 5% Monday even after the of its contract with the U.S. Special Operations Command. What To Do Now Now is an important time to read amid the ongoing stock market action. Following Monday's session, be sure to check out and . , the team discussed the current trading conditions of the stock market rally. The market, or at least the Nasdaq, is to look stretched even after Monday's fall. It's not too concerning at this point, though it's a factor when considering to take some profits in extended stocks. An extended Nasdaq does increase the risks of new purchases. If the composite continues to pull back, new breakouts would likely fall into negative territory. Meanwhile, many extremely extended hot stocks could suffer sharp losses. An essential resource for daily breakouts is "Breaking Out Today" list. It shows stocks that are breaking out past buy points. Meanwhile, the MarketSurge "Near Pivot" list shows more stocks nearing buy points in bases. To find more stock ideas, check like , and . These features identify bullish patterns and buy points and are available to check every day.