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Jamiya Neal's monster game leads Creighton past UNLV
Hiker found safe in Princeton backcountry( MENAFN - GlobeNewsWire - Nasdaq) NEW YORK, Dec. 26, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Wolfspeed, Inc. (“Wolfspeed” or the“Company”) (NYSE:WOLF) in the United States District Court for the Northern District of New York on behalf of all persons and entities who purchased or otherwise acquired Wolfspeed securities between August 16, 2023 to November 6, 2024, both dates inclusive (the“Class Period”). Investors have until January 17, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. According to the complaint, defendants provided the public with revenue projections that depended on Wolfspeed's Mohawk Valley fabrication facility ramping its production to meet and/or exceed demand for its 200mm wafer product. On November 6, 2024, Wolfspeed announced its financial results for the first quarter of fiscal year 2025 and unveiled guidance for the second quarter well below expectations. While defendants had repeatedly claimed that 20% utilization of the Mohawk Valley fabrication facility would result in $100 million revenue out of the facility, defendants now guided to a range 30% to 50% below that mark. The Company attributed its results and lowered guidance to "demand ... ramp[ing] more slowly than we originally anticipated" as "EV customers revise their launch time lines as the market works though this transition period." Investors and analysts reacted immediately to Wolfspeed's revelation. The price of Wolfspeed's common stock declined dramatically. From a closing market price of $13.71 per share on November 6, 2024, Wolfspeed's stock price fell to $8.33 per share on November 7, 2024, a decline of about 39.24% in the span of just a single day. If you purchased or otherwise acquired Wolfspeed shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at ... , telephone at (212) 355-4648, or by filling out this contact form . There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit . Attorney advertising. Prior results do not guarantee similar outcomes. Contact Information: Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Marion Passmore, Esq. (212) 355-4648 ... MENAFN26122024004107003653ID1109033706 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.
Facebook Twitter WhatsApp SMS Email Print Copy article link Save U.S. Rep. Ryan Zinke continued to push back against potential changes to U.S. Postal Service operations in Montana last week, arguing that the changes would alienate rural residents and delay services. Republican Zinke joined 11 other members of Congress signing a letter to the Postal Regulatory Commission on Nov. 22 asking that it keep rural processing centers and limit consolidation. The commission is reviewing the Postal Service's long-term plan to change how it processes mail, known as its Delivering For America plan. U.S. Rep. Ryan Zinke, pictured in 2023, pushed back on potential changes to U.S. Postal Service operations in Montana last week, arguing that the changes would alienate rural residents and delay services. THOM BRIDGE, Independent Record Sherry Patterson, a strategic communications specialist for the Postal Service, told the Missoulian in an email on Monday that the regulatory commission has yet to offer an advisory opinion on the plan. Man fatally shot by Ravalli County Sheriff's deputy near Stevensville Group launches fundraiser in suit challenging approval of Florence subdivision Spirit Airlines filed for bankruptcy. What does that mean for holiday season travelers? 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Kathy Kelker resigns, Yellowstone County Commission to appoint a successor Once an opinion is finalized from the commission, which is an independent agency that oversees the Postal Service, Patterson said USPS will consider the opinion and then finalize its decision. Previously, USPS had plans to consolidate Missoula's regional processing center with Spokane's, adding a roughly 400-mile roundtrip for some packages. Backlash from congressional leaders led Postmaster Louis DeJoy in May to delay any changes to the system until at least January. The $40 billion Delivering for America plan that started in 2021 is meant to add new technology and streamline the mail processing system to create long-term savings. “This is a classic example of decisions coming down from D.C. that just don’t make any sense in Montana,” Zinke said in a Friday press release. “Mail service in Montana is already a logistical nightmare. Sending the Missoula Processing and Distributing Center out of the State will slow things down, add confusion, and lead to more Montanans being unable to receive their mail in a timely manner. Just because it works in Baltimore or New York, doesn’t mean it will work in Ravalli or Lincoln.” Zinke joined Republican Rep. Harriet Hageman of Wyoming to pen the letter. Ten Republican and two Democrat House representatives signed the letter. The lawmakers said they understood the need for USPS to modernize its mail system, but warned cutting programs and costs in rural states would lengthen delivery times. "Despite the USPS's repeated assurances, we struggle to see how on-time delivery rates, which are already below the USPS goals, will improve," the letter read. The plan has already seen pushback from other members of Montana's delegation, including Sen. Steve Daines, incoming Sen. Tim Sheehy and outgoing Sen. Jon Tester. Daines previously expressed opposition to the consolidation plan and also criticized the Postal Service for ending air mail service to the state in July. "The Postal Service's decision to suspend air service in Montana is going to hurt Montanans who rely on the mail to receive prescription medication, pension payments, disability benefits and more," Daines said in July. "And I urge Postmaster General DeJoy to reconsider this decision. I look forward to working with Mr. DeJoy to find ways to reverse years of sustained financial losses that don't affect Montanans." Incoming U.S. Sen. Tim Sheehy told the Missoulian on Monday that rural Montanans must depend on timely mail service to keep their economies and communities strong. "Montanans do not want to see bureaucrats in D.C. leave rural America behind by imposing top-down plans that don’t work for Montana," Sheehy said in an email. "As we consider reforms and work to improve mail service in Montana, it’s absolutely critical we hear local voices, build consensus, and forge a path forward that makes sense for Montanans.” U.S. Sen. Jon Tester gives remarks about the USPS decision to halt plans to move Missoula mail processing to Spokane during a press conference at the John Engen Local Government Building in downtown Missoula on Wednesday, May 29, 2024. ANTONIO IBARRA OLIVARES, Missoulian Sheehy defeated Tester to win a U.S. Senate seat earlier this month and will assume office on Jan. 3. Tester previously introduced a bill to halt the consolidation plans, but no action was taken on the legislation. He said at a May press conference that postmaster DeJoy is a "lost cause" and that the Postal Service should remove him from office. "This would have major impacts, particularly on western Montana," Tester said in May. "Let's say that you're diabetic and you need insulin. You don't have an extra day. You can't wait around."
Julian Alvarez and second-half substitute Angel Correa scored twice as Atletico Madrid cruised to an easy 6-0 win at struggling Sparta Prague in the Champions League on Tuesday. The win leaves Diego Simeone’s Rojiblancos on nine points from five games in the competition, while Sparta have four. “Each win makes you happy, especially when the team plays like this throughout the game and scores like today,” Atletico coach Simeone told reporters in the Czech capital. “We really did well today,” he added, hailing his team for playing “with high intensity and speed”. Alvarez opened the scoring 15 minutes into the game as he was brought down just outside the box and then curled a free-kick into the top corner of Peter Vindahl’s goal. Marcos Llorente made it 2-0 two minutes from half-time as he chipped the ball towards the goal and Vindahl let it in, visibly fooled by striker Alexander Sorloth’s attempt at a glancing header. Alvarez fired in his second from close range on 59 minutes after a give-and-go with Giuliano Simeone, the coach’s son. Second-half substitute Antoine Griezmann made it 4-0 on 70 minutes with a low shot inside the box following a one-two with Llorente. Correa rounded off the score with two goals in the final five minutes, first poking in a pass from fellow substitute Samuel Lino and then finishing neatly after a mazy run through the static Sparta defence. – ‘All goals count’ – “The team understood what I want from them from the beginning to the end including the substitutes who played really well as soon as they entered the pitch,” said Diego Simeone. “All goals count. We tried to score as many as possible because it helps with this new format of the Champions League. “We are always aware the game has 90 minutes and we have to play as best we can,” he added. The 54-year-old Argentinian made six changes following Atletico’s 2-1 win over Alaves in La Liga on Saturday, his 700th game across all competitions in charge of the team. But there was little doubt about the outcome as Sparta only managed a single weak shot on goal through Kaan Kairinen in the opening minute. Atletico controlled the game, tirelessly testing the wobbly defence of the reigning Czech champions who have now only won two of their last 12 games in all competitions. Vindahl spared Sparta blushes on several occasions as he stopped close-range efforts from Rodrigo De Paul and Sorloth in the first half and Giuliano Simeone after the break. Atletico took a second straight away win in the Champions League at Sparta after stunning Paris Saint-Germain 2-1 earlier this month. With three games to play in the new-format league phase, they next face underdogs Slovan Bratislava at home on December 10. AFPPlaying by the roles
Playing by the rolesAfter missing out on Juan Soto, the New York Yankees made their first splash of the offseason. The Yankees and left-handed starting pitcher Max Fried have agreed to an eight-year, $218 million contract, several reports said Tuesday. The contract includes the most guaranteed money for a left-handed pitcher in baseball history, ESPN reported. A two-time All-Star, Fried will join right-handed ace Gerrit Cole to form a one-two punch at the front of the Yankees' rotation. Fried, 30, spent his first eight MLB seasons with the Atlanta Braves and went 11-10 with a 3.25 ERA across 29 starts last season. He had 166 strikeouts and a career-high 57 walks over 174 1/3 innings. He also pitched a major league-high two complete games (one shutout). Fried was an All-Star in 2022 and 2024, and he received votes for the National League Cy Young Award in 2020 (placing fifth) and 2022 (second). In 168 career games (151 starts), Fried has gone 73-36 with a 3.07 ERA and 863 strikeouts against 246 walks in 884 1/3 innings. He has tossed six complete games, including four shutouts. --Field Level MediaBus crashes into lake in Norway, killing at least three people
Jamiya Neal finished with 19 points, nine rebounds, nine assists and four blocks to lead host Creighton over UNLV 83-65 on Saturday in Omaha, Neb. Creighton was without star Pop Isaacs, who was ruled out for the season on Saturday morning after undergoing surprise hip surgery. It was a startling turn, considering Isaacs led Creighton with 27 points in Wednesday's win over No. 1 Kansas. Neal and Steven Ashworth (17 points) anchored the backcourt in Isaacs' absence, combining to make 13-of-20 shots from the field. Neal made 7 of his 10 and Ashworth 6 of 10. Isaac Traudt also stepped up, making five 3-pointers off the bench to account for all 15 of his points. Ryan Kalkbrenner scored 12 points, making 4-of-5 attempts from the field, and added six rebounds. Creighton opened the second half on a 10-0 run, extending its lead to 49-27 before UNLV mustered an answer. Creighton made 10 consecutive shots early in the second half, extending its lead to a 62-41 with 12:20 remaining. Dedan Thomas Jr. paced UNLV with 18 points on 7-of-16 shooting, making 1 of 4 attempts from 3-point range. Jailen Bedford added a team-high 20 points for the Rebels on 8-of-15 shooting, scoring 17 points in the second half. Julian Rishwain added 10 points on 4-of-8 shooting, but UNLV's second leading scorer for the season, Jeremiah Cherry, was limited to just four points in 16 minutes after early foul trouble. Creighton shot a resounding 63.3 percent from the field for the game, including going 10-of-20 from beyond the arc. Creighton outscored UNLV 38-34 in the paint and outrebounded them 34-21. UNLV finished the game shooting 42.2 percent field, making 7-of-21 attempts from distance. --Field Level Media
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