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21 jilipark SAND SPRINGS, Okla. , Dec. 2, 2024 /PRNewswire/ -- Webco Industries, Inc. 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. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Tom Purcell: Sign me up for cursive

The crypto market has been recovering from the general price correction in the past week, with cryptos like Litecoin and BONK back on the rise. However, experts are unsure about their long-term prospects. Unlike these altcoins, experts are more optimistic about 1Fuel . They believe the new token can do more than 10x on presale, naming it amongst the best crypto investments ahead of 2025. We explore 1Fuel’s potential alongside that of Litecoin and BONK below. Litecoin set to retest the resistance at $150 Litecoin is on its way back to the $150 resistance after about a 20% dip in the past week. Litecoin went close to the resistance level in late November, setting a $146.61 yearly high. However, a general market dip triggered a downward rally that saw Litecoin fall to below $110. Litecoin is back on a recovery run, and the altcoin currently trades at $122.72 at press time. Litecoin is expected to breeze past the resistance at $130 but faces major challenges around $145. The altcoin is making a play for a $200 market valuation by Q2 2025, but it has to beat the pressure around $150 for that to be possible. Litecoin looks capable of achieving this, and investors are fiercely backing it. BONK eyes better market run after reaching a new all-time high Bonk has yielded many profits for investors this year and may still do more before year-end. The altcoin reached a $0.00005916 all-time high about a month ago, and despite an over 30% dip, it’s still more valuable than Shiba Inu. This shows how much Bonk has achieved in terms of value increase. Although Bonk isn’t one of the most prominent meme coins, it is without doubt one of the most profitable. Bonk exchanges around $0.000039 and $0.000040 currently (at the time of writing). The meme coin is keen to return to its peak price and surge higher in the coming weeks. Analysts believe Bonk is capable of achieving this, making it one of the best buys at the moment. Bonk joins Pepe and other meme coins as profit-yielding assets without tangible utilities. Despite the doubt about its future, the sentiment around it remains bullish. Experts express optimism about 1Fuel as new token looks set to take over The 1Fuel token is currently one of the best new crypto coins. Its good prospect has attracted interest from top investors, and crypto pundits see it as one of the best crypto investments ahead of 2025. 1Fuel is a project on a mission that involves providing users with the best DeFi experience. 1Fuel will bring innovative solutions to prevalent problems crypto users encounter using DeFi. The 1Fuel solutions will spread across usability, functionality, security, privacy, and support. 1Fuel will be user-friendly and easily accessible, ensuring everyone can benefit from DeFi even without much experience. The crypto solution will ease transaction processes, ensuring stress-free cross-chain transactions and peer-to-peer exchanges. Furthermore, 1Fuel will utilize an in-built mixer and other top technology to address privacy concerns and improve security. A top-notch blockchain security firm has audited the platform to ascertain safety and reliability. This has improved investors’ confidence in 1Fuel. Much optimism surrounds 1Fuel due to its uniqueness and importance. The crypto solution has a high adoption potential and a huge chance of becoming users’ favorite. This could see the 1Fuel token grow in prominence and value. Hence, it’s among the best new crypto coins to own. Get your stake in the 1Fuel presale now to position yourself for good returns. Enjoy a massive presale pump The 1Fuel presale allows investors to get in small and earn a lot. However, like every other presale, early investors get the largest share. Hence, you must get in at this stage to enjoy a massive presale pump. Join the presale now. Learn more about 1FUEL through these links: Presale: https://www.1fuel.io/ Telegram: https://t.me/Portal_1Fuel X: https://x.com/1fuel_?s=21By The Associated Press Albany Great Danes (7-0) at Siena Saints (2-4) Loudonville, New York; Saturday, 2 p.m. EST BOTTOM LINE: Albany visits Siena after Lilly Phillips scored 24 points in Albany’s 80-59 win over the Stonehill Skyhawks. The Saints are 1-1 on their home court. Siena is fifth in the MAAC in rebounding with 30.2 rebounds. Zyriah Price paces the Saints with 6.2 boards. The Great Danes are 3-0 on the road. Albany ranks fifth in the America East with 9.0 offensive rebounds per game led by Kayla Cooper averaging 3.0. Siena scores 58.2 points per game, 4.3 more points than the 53.9 Albany allows. Albany averages 7.7 made 3-pointers per game this season, 1.7 more made shots on average than the 6.0 per game Siena allows. TOP PERFORMERS: Ahniysha Jackson is scoring 14.2 points per game with 2.2 rebounds and 3.0 assists for the Saints. Cooper is scoring 19.6 points per game and averaging 8.9 rebounds for the Great Danes. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .

WASHINGTON — Less than 10 minutes was all it took for a large pile of toys donated by the White House staff to disappear as Jill Biden and children from military families sorted them into boxes as part of the annual Marine Corps Reserve Toys for Tots campaign for less fortunate children. The White House is a longtime supporter of the program, which has been helping families for 77 years, since 1947, said. Lt. Gen. Leonard Anderson IV, commander of the U.S. Marine Corps Reserve. “We’re making a significant impact right here in the nation’s capital, where these toys will go to kids in need,” he said at a White House event hosted by the first lady. Last year, the program delivered more than 25 million toys to more than 10 million children nationwide, he said, “and this year we think we’re going to set another record, so we’re really excited.” Jill Biden told several dozen military children who sat directly in front of her on the floor of the East Room facing two large, glittering Christmas trees flanking the doorway that they are loved. Her father and late son served in the military. “If you only remember one thing for the holidays, after all the wrapping paper is cleaned up, let it be this: You are loved,” she said. “There are so many people who care about you, from your family and your friends, from your teachers and your classmates, to the president and me.” “And the best thing that we can do with that love is to let it overflow, to share it with others who might really need it,” she added. After her brief remarks, the first lady asked the children: “Are you guys ready to get sorting?” And off they went toward the large pile of dolls, stuffed animals, sports gear, vehicles, books, puzzles and other items, including a copy of “Delaware Opoly” — a Monopoly-style board game themed after President Joe Biden’s home state.

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MILAN, Italy (AP) — Atalanta went to the top of Serie A when Ademola Lookman scored with three minutes remaining to beat AC Milan 2-1 on Friday. Atalanta’s ninth win in a row was a fitting gift to coach Gian Piero Gasperini, who was awarded the coach of the month award earlier in the day for guiding his team to a perfect record in November. Charles De Ketelaere put the home side ahead with a towering header after 11 minutes only for Milan to level 11 minutes later. Theo Hernández released Rafael Leão on the right wing and his inviting cross was converted by Álvaro Morata. Milan, which lost Christian Pulišić to a knock before halftime, looked set to end Atalanta’s impressive run but Lookman nipped in at the back post to nod home a corner in the dying moments. Atalanta has 34 points, two more than Napoli, which has a game in hand against Lazio on Sunday. Milan was in seventh place. Inter cruise past Parma Serie A champion Inter defeated Parma 3-1 and extended the Milan club’s unbeaten run to 13 games. Federico Dimarco put the home side ahead five minutes before halftime when he worked a neat one-two with Henrikh Mkhitaryan and fired a low shot past Zion Suzuki. Nicolò Barella made it two eight minutes into the second half when he finished a fast counterattack with aplomb. Marcos Thuram's 10th goal of the season made it 3-0 in the 66th. A Matteo Darmian own goal gave some late consolation for Parma. AP soccer: https://apnews.com/hub/soccerBarclays Issues Positive Forecast for Brown & Brown (NYSE:BRO) Stock Price

NEW YORK — Stoli Group USA, the owner of the namesake vodka , has filed for bankruptcy as it struggled to contend with slowing demand for spirits, a major cyberattack that has snarled its operations and several years of fighting Russia in court. The company in its bankruptcy filing said it is “experiencing financial difficulties” and lists between $50 million and $100 million in liabilities. Stoli vodka and Kentucky Owl bourbon will continue to be available on store shelves while the company navigates the Chapter 11 process, which only pertains to its U.S. business. Until 2022, Stoli was sold as Stolichnaya in the United States, which loosely translates to “capital city” in Russian. The company shortened its title following Russia’s invasion of Ukraine and boycotts against Russian-branded vodkas . Stoli Group’s founder, Russian-born billionaire Yuri Shefler, was exiled from that nation in 2000 because of his opposition to President Vladimir Putin. People are also reading... Intel announced on December 2 that CEO Pat Gelsinger has resigned after a difficult stint at the company. The once-dominant chipmaker’s stock cratered as it missed the AI boom and was surpassed by most of its rivals. Craig Barritt/Getty Images via CNN Newsource Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | Stitcher | RSS Feed | SoundStack | All Of Our Podcasts The liquor has long been marketed as a Russian vodka, but its production facilities have been in Latvia for several decades. Stoli Group is a unit of Luxembourg-based SPI Group, which owns other spirit and wine brands. “The Stoli Group has been targeted by the Russian Federation since it was formed nearly 25 years ago,” said Stoli Group CEO Chris Caldwell in a statement. “Earlier this year the company and our owner were both named by the Russian state as ‘extremist groups working against Russia’s interests.’” Its ongoing legal battle with the Russia government has forced Stoli to “spend dozens of millions of dollars on this long-term court battle across the globe with the Russian authorities,” according to its court filing. Caldwell also said that Stoli’s global operations has been a “victim of a malicious cyber attack” that has forced the company to operate “entirely manually while the systems are rebuilt.” A slowdown in demand for alcohol has crushed several company’s bottom lines following the pandemic when people were stuck at home and stocked up. Stoli’s filings said that it has seen a “decline and softening of demand for alcohol and spirits products post-Covid and especially beginning in 2023 and continuing into 2024.” Stoli Group USA, maker of Stoli vodka, has filed for bankruptcy due to slowing demand for spirits, a major cyberattack, and ongoing legal battles with Russia. Cheddar The business news you need

ASHBURN, Va. (AP) — When Dan Quinn left the Dallas Cowboys after three years as their defensive coordinator to coach the Washington Commanders, it looked as if he was leaving a perennial playoff contender for a rebuilding project. Instead, Quinn's Commanders are in the thick of the playoff race even after consecutive losses provided something of a speed bump, while the Cowboys' season has fallen apart . Dallas (3-7) visits Washington (7-4) on Sunday in a franchise role reversal for the NFC East rivals. "For me and for the guys, man, it’s Washington-Dallas Week, let’s get down," Quinn said. “I don’t make one (game) too often bigger than another. I just think they’re all really important, and we absolutely go after it as hard as we can.” Quinn, defensive coordinator Joe Whitt Jr. and a handful of former Dallas players have been part of Washington's turnaround, including pass rusher Dante Fowler, defensive end Dorance Armstrong, center Tyler Biadasz and receiver Noah Brown, who famously caught rookie quarterback Jayden Daniels' Hail Mary toss for the game-winning touchdown last month to beat Chicago . Armstrong has followed the Cowboys' downfall since leaving in free agency, saying simply, “It’s not good.” And that was before a piece of their stadium's roof fell Monday night before their fifth consecutive loss , a 34-10 blowout by Houston . Injuries, including starting QB Dak Prescott's torn hamstring that led to season-ending surgery, have been the backdrop for Dallas' forgettable year. Coach Mike McCarthy, who's approaching the end of his contract and possibly his tenure, said he and his staff are “going to stay the course” and play who's available. That means Cooper Rush again getting the nod in place of Prescott, though McCarthy said a package of plays could open up to get 2021 No. 3 pick Trey Lance into the game. “Cooper’s been there for a little minute, so he knows the system really good," said Fowler, who leads the Commanders with 8 1/2 sacks. "Trey Lance is really good with his legs, and he’s a dynamic quarterback, as well. You don’t want to go out there half-stepping against those guys because they do play good football, as well.” The Commanders have played far better football than the Cowboys so far this season, so much that the home team is a 10 1/2-point favorite on BetMGM Sportsbook. Washington has never been more than a nine-point favorite against Dallas in any game going back to at least 2003, according to BetMGM. The Cowboys could get a bit of a spark with the anticipated return of receiver Brandin Cooks, who has seen way too much sorrow around him since he last played in Week 4. “Get guys playing at a high level, playing fun, playing free, and having a great time out there,” Cooks said. “That’s what I’m not seeing right now. I think we can go out there and be more joyful in our process.” There's plenty of joy in Washington, with the playoffs still on the line, unlike Dallas. “It’s definitely cool to be in that type of position rather than being on the other side," Fowler said. “Just cool to see what Coach Quinn has just done since he came here with this team and getting a group of guys to come together and play as one.” A rib injury knocked Daniels out of a rout of Carolina on Oct. 20, and while he did not miss a game, the 23-year-old has not been as dangerous or effective since. The No. 2 pick out of LSU and reigning Heisman Trophy winner has completed 59.5% of his passes the past four games after 75.6% before getting injured, and he has had his average rushing yards cut nearly in half from 53.1 to 27.5. Quinn insists Daniels is not injured and pinned the regression on a lack of practice time in recent weeks. Daniels also said he's good to go after some extra rest following a 26-18 loss at Philadelphia on Thursday, Nov. 14. “The mini bye, I think it just helps everything, just to reset your mind and get ready for the second half of the season,” Daniels said. “I was able to reset and refocus, restart.” The offensive line has been a problem all season for the Cowboys. Now it’s a major injury concern. Perennial All-Pro right guard Zack Martin and promising young left guard Tyler Smith sustained ankle injuries on the same drive in the fourth quarter for the Cowboys against the Texans. Martin, who is also dealing with a shoulder issue, is doubtful. Smith is questionable while also working through a knee injury. T.J. Bass and Brock Hoffman were the replacements at guard against the Texans. The Cowboys could start four linemen 25 or younger, although veteran tackle Chuma Edoga could make his season debut. Edoga was the projected starter at left tackle before injuring a toe in training camp. He is listed as questionable. “With Zack, he’s a keystone for our offensive line," McCarthy said. "That will be a big one. But it’s more opportunity for these young players who haven’t played a lot and are getting a lot of work." McCarthy said the Cowboys “took a step backward, clearly” running the ball against Houston after making progress the previous couple of games. Rico Dowdle, now the clear lead back after ineffectiveness and off-field drama from Ezekiel Elliott, had just 28 yards on 10 carries, and the Cowboys finished with 64 yards. They allowed 141 yards, including 109 and three touchdowns by Joe Mixon, and have the NFL's second-worst rushing defense. Washington's Brian Robinson Jr. has already set a career high with seven TD runs and could be in for a lot of carries. “I look forward to running the ball any time,” Robinson said. “I’m prepared, I’m ready and if it happens like that, I’m ready for it." AP Pro Football Writer Schuyler Dixon in Frisco, Texas, contributed. AP NFL: https://apnews.com/hub/nfl‘Results were not on expected lines’: Sharad Pawar on MVA’s massive defeat in Maharashtra polls

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North Korean hackers aren’t giving up on their fake job scams, it seems, as experts found they have added more variants, diversifying the tools used in the campaign that’s now almost three years old. Cybersecurity researchers from NTT Security Japan revealed a North Korean threat actor engaged in a campaign dubbed “Contagious Interview”. The campaign has been extensively covered by multiple researchers, and most media. The crooks would create a fake job opening, as well as a number of fake social media accounts. Then, they would target software developers, or other high-profile individuals (such as people working in the aerospace, defense, or government sectors), and offer exciting and lucrative new job opportunities. OtterCookie The campaign was first spotted in 2022, and is believed to be operated by Lazarus Group - a known state-sponsored threat actor from North Korea. In the latest report, NTT Security Japan claims to have seen the group deploying more than the usual malware variants - BeaverTail and InvisibleFerret. This time, they’re using malware called OtterCookie. This one is capable of reconnaissance (grabbing system information, for example), data theft (cryptocurrency wallet keys, images, documents, and other high-value files), and clipboard poisoning. Lazarus is known for targeting primarily web3 (blockchain) businesses, and stealing cryptocurrency. The novel technology is valuable for the criminals, since the stolen money is almost impossible to recover. This group was seen targeting multiple businesses in the past, running away with hundreds of millions of dollars in different cryptos. It is also best known for running fake job campaigns, targeting not just businesses, but also individual software developers. Its operatives were observed creating fake personas and applying for positions, but also using the fake identities to approach professionals. In all scenarios, the crooks would try to deploy infostealing malware and grab their sensitive data.House Democrats who voted yes on NDAA lament transgender restrictions

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