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bmy88 login account register philippines A new chapter in both technology and democracy began with the 2024 U.S. elections , raising questions about the impact of rapidly evolving Artificial Intelligence on campaign strategies, voter outreach, and electoral discourse. The impact of artificial intelligence was such that the way campaigns connect with the voters changed quite radically. AI-fueled advanced data analysis allowed political teams to look at enormous amounts of voter data with great precision. All these insights on demographics, voting history, and behavioral patterns helped make targeted campaigns addressing concerns and preferences specific to the individual voter. This natural language processing helped AI come up with messages for various groups. This enabled campaigns to respond to voters' questions with chatbots. This helped maintain informed and engaged supporters. The personalized outreach made relationships between voters and candidates stronger, and communication between a candidate and citizens became more efficient than it was before. Artificial intelligence changed how campaigns could reach voters. Predictive analytics assisted campaigns in finding swing voters and places that needed extra work. Algorithms were applied to areas based on voters' thoughts, ensuring that resources are utilized well. AI tools created eye-catching digital ads that changed messages based on the reactions of the viewers. Deep learning enabled them to monitor trends on social media and adjust campaign materials according to the same so they remained relevant and appealing. This adaptive approach ensured high returns on investments for the funds used in campaigns while keeping voters interested. Artificial intelligence made its presence felt in the minds of people during elections. Social media sites would suggest political content based on algorithms, thus shaping information for voters. This increased awareness of the issues also brought worries about echo chambers where algorithms would just repeat what people already believed rather than showing them alternative ideas. Generative AI tools created videos , images, and articles that blur what is real and what isn't. Most of the campaigns utilized the tools well, but they also helped spread misinformation. AI media's manipulation power had questions regarding ethics and stronger rules. Another important issue surfaced was election security, which involved artificial intelligence again. High-tech threat detection systems continuously monitor cyberattacks and other attempts to disrupt the voting process. It analyzed patterns in real time for possible vulnerabilities. Besides protecting the voting infrastructure, AI played a significant role in fighting misinformation by checking facts. AI helps find false claims and ensure voters have the right information. For this reason, people continued trusting the election process even as misinformation campaigns increased. The use of artificial intelligence also brought several ethical questions into the election process. The use of AI-based tools raised questions on whether the process was transparent or accountable. Voters were frequently unaware of how algorithms influenced their choices. It also raised questions over the privacy of data with respect to personal information that campaigns were gathering and then analyzing. As AI helped increase the efficiency of the campaigns, misuse rose. Policymakers and technologists learned to find a balance between innovation and ethics. The 2024 U.S. elections clearly portrayed how AI can change democracy for the better. These benefits brought many good things for the 2024 U.S. elections, but there are also some problems that may need more careful management in future elections as AI keeps changing. Policymakers, tech experts, and citizens must create rules to help use artificial intelligence ethically in elections. Technology should be there to help democracy, not hurt it, to ensure that there is openness, responsibility, and learning about voting. This is a very important moment in the history of democracy, as AI is now meeting politics. It will only make future elections more open, efficient, and safer than they have ever been if used wisely. Continuous discussions about its influence will determine the future of democratic machinery. Artificial intelligence has already marked its presence on the political landscape and is only just beginning to take part in shaping elections. If used ethically, AI will have the power to make voters stronger and strengthen democracy in the years ahead.

BROOMFIELD, Colo. , Dec. 9, 2024 /PRNewswire/ -- Vail Resorts, Inc. (NYSE: MTN) today reported results for the first quarter of fiscal 2025 ended October 31, 2024 , provided season pass sales results for the 2024/2025 season, updated fiscal 2025 net income attributable to Vail Resorts, Inc. guidance and reaffirmed fiscal 2025 Resort Reported EBITDA guidance, announced capital investment plans for calendar year 2025, declared a dividend payable in January 2025 , and announced first quarter share repurchases. Highlights Commenting on the Company's fiscal 2025 first quarter results, Kirsten Lynch , Chief Executive Officer, said, "Our first fiscal quarter historically operates at a loss, given that our North American and European mountain resorts are generally not open for ski season. The quarter's results were driven by winter operations in Australia and summer activities in North America , including sightseeing, dining, retail, lodging, and administrative expenses. "Resort Reported EBITDA was consistent with the prior year, driven by growth in our North American summer business from increased activities spending and lodging results. This growth was offset by a decline in Resort Reported EBITDA of $9 million compared to the prior year from our Australian resorts due to record low snowfall and lower demand, cost inflation, the inclusion of Crans-Montana, and approximately $2.7 million of one-time costs related to the two-year resource efficiency transformation plan and $0.9 million of acquisition and integration related expenses." Regarding the Company's resource efficiency transformation plan, Lynch said, "Vail Resorts continues to make progress on its two-year resource efficiency transformation plan, which was announced in our September 2024 earnings. The two-year Resource Efficiency Transformation Plan is designed to improve organizational effectiveness and scale for operating leverage as the Company grows globally. Through scaled operations, global shared services, and expanded workforce management, the Company expects $100 million in annualized cost efficiencies by the end of its 2026 fiscal year. We will provide updates as significant milestones are achieved." Turning to season pass results, Lynch said, "Our season pass sales highlight the compelling value proposition of our pass products and our commitment to continually investing in the guest experience at our resorts. Over the last four years, pass product sales for the 2024/2025 North American ski season have grown 59% in units and 47% in sales dollars. For the upcoming 2024/2025 North American ski season, pass product sales through December 3, 2024 decreased approximately 2% in units and increased approximately 4% in sales dollars as compared to the period in the prior year through December 4, 2023 . This year's results benefited from an 8% price increase, partially offset by unit growth among lower priced Epic Day Pass products. Pass product sales are adjusted to eliminate the impact of changes in foreign currency exchange rates by applying an exchange rate of $0.71 between the Canadian dollar and U.S. dollar in both periods for Whistler Blackcomb pass sales. For the period between September 21, 2024 and December 3, 2024 , pass product sales trends improved relative to pass product sales through September 20, 2024 , with unit growth of approximately 1% and sales dollars growth of approximately 7% as compared to the period in the prior year from September 23, 2023 through December 4, 2023 , due to expected renewal strength, which we believe reflects delayed decision making. "Our North American pass sales highlight strong loyalty with growth among renewing pass holders across all geographies. For the full selling season, the Company acquired a substantial number of new pass holders, however the absolute number of new guests was smaller compared to the prior year, driving the overall unit decline for the full selling season. New pass holders come from lapsed guests, prior year lift ticket guests, and new guests to our database. The Company achieved growth from lapsed guests, who previously purchased a pass or lift ticket but did not buy a pass or lift ticket in the previous season. The decline in new pass holders compared to the prior year was driven by fewer guests who purchased lift tickets in the past season and from guests who are completely new to our database, which we believe was impacted by last season's challenging weather and industry normalization. Epic Day Pass products achieved unit growth driven by the strength in renewing pass holders. We expect to have approximately 2.3 million guests committed to our 42 North American, Australian, and European resorts in advance of the season in non-refundable advance commitment products this year, which are expected to generate over $975 million of revenue and account for approximately 75% of all skier visits (excluding complimentary visits)." Lynch continued, "Heading into the 2024/2025 ski season, we are encouraged by our strong base of committed guests, providing meaningful stability for our Company. Additionally, early season conditions have allowed us to open some resorts earlier than anticipated, including Whistler Blackcomb, Heavenly, Northstar, Kirkwood, and Stevens Pass. Early season conditions have also enabled our Rockies resorts to open with significantly improved terrain relative to the prior year, including the opening of the legendary back bowls at Vail Mountain opening the earliest since 2018. Our resorts in the East are experiencing typical seasonal variability for this point in the year, with all resorts planned to open ahead of the holidays. We are continuing to hire for the winter season, and are on track with our staffing plans and have achieved a strong return rate of our frontline employees from the prior season. Lodging bookings at our U.S. resorts for the upcoming season are consistent with last year. At Whistler Blackcomb, lodging bookings for the full season are lagging prior year levels, which may reflect delayed decision making following challenging conditions in the prior year." Operating Results A more complete discussion of our operating results can be found within the Management's Discussion and Analysis of Financial Condition and Results of Operations section of the Company's Form 10-Q for the first fiscal quarter ended October 31, 2024 , which was filed today with the Securities and Exchange Commission. The following are segment highlights: Mountain Segment Lodging Segment Resort - Combination of Mountain and Lodging Segments Real Estate Segment Total Performance Outlook The Company's Resort Reported EBITDA guidance for the year ending July 31, 2025 is unchanged from the prior guidance provided on September 26, 2024 . The Company is updating its guidance for net income attributable to Vail Resorts, Inc., which it now expects to be between $240 million and $316 million , up from the prior guidance range of $224 million to $300 million . The primary difference is due to a $17 million increase from the gain on sale of real property related to the resolution of the October 2023 Eagle County District Court final ruling and valuation regarding the Town of Vail's condemnation of the Company's East Vail property that was planned for Vail Resorts' incremental affordable workforce housing project, a transaction that has been recorded as Real Estate Reported EBITDA. Additionally, the guidance is updated to include a decrease in expected interest expense of approximately $2 million which assumes that interest rates remain at current levels for the remainder of fiscal 2025. These changes have no impact on expected Resort Reported EBITDA. The Company continues to expect Resort Reported EBITDA for fiscal 2025 to be between $838 million and $894 million , including approximately $27 million of cost efficiencies and an estimated $15 million in one-time costs related to the multi-year resource efficiency transformation plan, and an estimated $1 million of acquisition and integration related expenses specific to Crans-Montana. As compared to fiscal 2024, the fiscal 2025 guidance includes the assumed benefit of a return to normal weather conditions after the challenging conditions in fiscal 2024, more than offset by a return to normal operating costs and the impact of the continued industry normalization, impacting demand. Additionally, the guidance reflects the negative impact from the record low snowfall and related shortened season in Australia in the first quarter of fiscal 2025, which negatively impacted demand and resulted in a $9 million decline of Resort Reported EBITDA compared to the prior year period. After considering these items, we expect Resort Reported EBITDA to grow from price increases and ancillary spending, the resource efficiency transformation plan, and the addition of Crans-Montana for the full year. The guidance also assumes (1) a continuation of the current economic environment, (2) normal weather conditions for the 2024/2025 North American and European ski season and the 2025 Australian ski season, and (3) the foreign currency exchange rates as of our original fiscal 2025 guidance issued September 26, 2024 . Foreign currency exchange rates have experienced recent volatility. Relative to the current guidance, if the currency exchange rates as of yesterday, December 8, 2024 of $0.71 between the Canadian Dollar and U.S. Dollar related to the operations of Whistler Blackcomb in Canada , $0.64 between the Australian Dollar and U.S. Dollar related to the operations of Perisher, Falls Creek and Hotham in Australia , and $1.14 between the Swiss Franc and U.S. Dollar related to the operations of Andermatt-Sedrun and Crans-Montana in Switzerland were to continue for the remainder of the fiscal year, the Company expects this would have an impact on fiscal 2025 guidance of approximately negative $5 million for Resort Reported EBITDA. The following table reflects the forecasted guidance range for the Company's fiscal year ending July 31, 2025 for Total Reported EBITDA (after stock-based compensation expense) and reconciles net income attributable to Vail Resorts, Inc. guidance to such Total Reported EBITDA guidance. Fiscal 2025 Guidance (In thousands) For the Year Ending July 31, 2025 (6) Low End High End Range Range Net income attributable to Vail Resorts, Inc. $ 240,000 $ 316,000 Net income attributable to noncontrolling interests 23,000 17,000 Net income 263,000 333,000 Provision for income taxes (1) 91,000 115,000 Income before income taxes 354,000 448,000 Depreciation and amortization 295,000 279,000 Interest expense, net 174,000 166,000 Other (2) 21,000 13,000 Total Reported EBITDA $ 844,000 $ 906,000 Mountain Reported EBITDA (3) $ 818,000 $ 872,000 Lodging Reported EBITDA (4) 16,000 26,000 Resort Reported EBITDA (5) 838,000 894,000 Real Estate Reported EBITDA 6,000 12,000 Total Reported EBITDA $ 844,000 $ 906,000 (1) The provision for income taxes may be impacted by excess tax benefits primarily resulting from vesting and exercises of equity awards. Our estimated provision for income taxes does not include the impact, if any, of unknown future exercises of employee equity awards, which could have a material impact given that a significant portion of our awards may be in-the-money depending on the current value of the stock price. (2) Our guidance includes certain forward looking known changes in the fair value of the contingent consideration based solely on the passage of time and resulting impact on present value. Guidance excludes any forward looking change based upon, among other things, financial projections including long-term growth rates for Park City, which such change may be material. Separately, the intercompany loan associated with the Whistler Blackcomb transaction requires foreign currency remeasurement to Canadian dollars, the functional currency of Whistler Blackcomb. Our guidance excludes any forward looking change related to foreign currency gains or losses on the intercompany loans, which such change may be material. Additionally, our guidance excludes the impact of any future sales or disposals of land or other assets which are contingent upon future approvals or other outcomes. (3) Mountain Reported EBITDA also includes approximately $25 million of stock-based compensation. (4) Lodging Reported EBITDA also includes approximately $4 million of stock-based compensation. (5) The Company provides Reported EBITDA ranges for the Mountain and Lodging segments, as well as for the two combined. The low and high of the expected ranges provided for the Mountain and Lodging segments, while possible, do not sum to the high or low end of the Resort Reported EBITDA range provided because we do not expect or assume that we will hit the low or high end of both ranges. (6) Guidance estimates are predicated on an exchange rate of $0.74 between the Canadian dollar and U.S. dollar, related to the operations of Whistler Blackcomb in Canada; an exchange rate of $0.67 between the Australian dollar and U.S. dollar, related to the operations of our Australian ski areas; and an exchange rate of $1.18 between the Swiss franc and U.S. dollar, related to the operations of Andermatt-Sedrun and Crans-Montana in Switzerland. Liquidity and Return of Capital As of October 31, 2024 , the Company's total liquidity as measured by total cash plus revolver availability was approximately $1,024 million . This includes $404 million of cash on hand, $407 million of U.S. revolver availability under the Vail Holdings Credit Agreement, and $213 million of revolver availability under the Whistler Credit Agreement. As of October 31, 2024 , the Company's Net Debt was 2.8 times its trailing twelve months Total Reported EBITDA. Regarding the return of capital to shareholders, the Company declared a quarterly cash dividend of $2.22 per share of Vail Resorts' common stock payable on January 9, 2025 to shareholders of record as of December 26 , 2024. In addition, the Company repurchased approximately 0.1 million shares during the quarter at an average price of approximately $174 for a total of $20 million . The Company has 1.6 million shares remaining under its authorization for share repurchases. Commenting on capital allocation, Lynch said, "We will continue to be disciplined stewards of our shareholders' capital, prioritizing investments in our guest and employee experience, high-return capital projects, strategic acquisition opportunities, and returning capital to our shareholders. The Company has a strong balance sheet and remains focused on returning capital to shareholders while always prioritizing the long-term value of our shares." Capital Investments Vail Resorts is committed to enhancing the guest experience and supporting the Company's growth strategies through significant capital investments. For calendar year 2025, the Company plans to invest approximately $198 million to $203 million in core capital, before $45 million of growth capital investments at its European resorts, including $41 million at Andermatt-Sedrun and $4 million at Crans-Montana, and $6 million of real estate related capital projects to complete multi-year transformational investments at the key base area portals of Breckenridge Peak 8 and Keystone River Run, and planning investments to support the development of the West Lionshead area into a fourth base village at Vail Mountain. Including European growth capital investments, and real estate related capital, the Company plans to invest approximately $249 million to $254 million in calendar year 2025. Projects in the calendar year 2025 capital plan described herein remain subject to approvals. In calendar year 2025, the Company will embark on two multi-year transformational investment plans at Park City Mountain and Vail Mountain. In addition to embarking on two multi-year transformational investment plans, the Company is planning significant investments across the guest experience in calendar year 2025, including: In addition to the investments planned for calendar year 2025, the Company is completing significant investments that will enhance the guest experience for the upcoming 2024/2025 North American and European ski season. As previously announced, the Company expects its capital plan for calendar year 2024 to be approximately $189 million to $194 million , excluding $13 million of incremental capital investments in premium fleet and fulfillment infrastructure to support the official launch of My Epic Gear for the 2024/2025 winter season at 12 destination and regional resorts across North America , $7 million of growth capital investments at Andermatt-Sedrun, $2 million of maintenance and $2 million of integration investments at Crans-Montana, and $3 million of reimbursable capital. Including these one-time investments, the Company's total capital plan for calendar year 2024 is now expected to be approximately $216 million to $221 million . Earnings Conference Call The Company will conduct a conference call today at 5:00 p.m. eastern time to discuss the financial results. The call will be webcast and can be accessed at www.vailresorts.com in the Investor Relations section, or dial (800) 579-2543 (U.S. and Canada ) or +1 (785) 424-1789 (international). The conference ID is MTNQ125. A replay of the conference call will be available two hours following the conclusion of the conference call through December 16, 2024 , at 11:59 p.m. eastern time . To access the replay, dial (800) 753-9146 (U.S. and Canada ) or +1 (402) 220-2705 (international). The conference call will also be archived at www.vailresorts.com . About Vail Resorts, Inc. (NYSE: MTN) Vail Resorts is a network of the best destination and close-to-home ski resorts in the world including Vail Mountain, Breckenridge , Park City Mountain, Whistler Blackcomb, Stowe, and 32 additional resorts across North America ; Andermatt-Sedrun and Crans-Montana Mountain Resort in Switzerland ; and Perisher, Hotham, and Falls Creek in Australia . We are passionate about providing an Experience of a Lifetime to our team members and guests, and our EpicPromise is to reach a zero net operating footprint by 2030, support our employees and communities, and broaden engagement in our sport. Our company owns and/or manages a collection of elegant hotels under the RockResorts brand, a portfolio of vacation rentals, condominiums and branded hotels located in close proximity to our mountain destinations, as well as the Grand Teton Lodge Company in Jackson Hole, Wyo. Vail Resorts Retail operates more than 250 retail and rental locations across North America . Learn more about our company at www.VailResorts.com , or discover our resorts and pass options at www.EpicPass.com . Forward-Looking Statements Certain statements discussed in this press release and on the conference call, other than statements of historical information, are forward-looking statements within the meaning of the federal securities laws, including the statements regarding fiscal 2025 performance and the assumptions related thereto, including, but not limited to, our expected net income and Resort Reported EBITDA; our expectations regarding our liquidity; expectations related to our season pass products; our expectations regarding our ancillary lines of business; capital investment projects; our calendar year 2025 capital plan; our expectations regarding our resource efficiency transformation plan; and the payment of dividends. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include but are not limited to risks related to a prolonged weakness in general economic conditions, including adverse effects on the overall travel and leisure related industries and our business and results of operations; risks associated with the effects of high or prolonged inflation, elevated interest rates and financial institution disruptions; unfavorable weather conditions or the impact of natural disasters or other unexpected events; the ultimate amount of refunds that we could be required to refund to our pass product holders for qualifying circumstances under our Epic Coverage program; the willingness or ability of our guests to travel due to terrorism, the uncertainty of military conflicts or public health emergencies, and the cost and availability of travel options and changing consumer preferences, discretionary spending habits; risks related to travel and airline disruptions, and other adverse impacts on the ability of our guests to travel; risks related to interruptions or disruptions of our information technology systems, data security or cyberattacks; risks related to our reliance on information technology, including our failure to maintain the integrity of our customer or employee data and our ability to adapt to technological developments or industry trends; our ability to acquire, develop and implement relevant technology offerings for customers and partners; the seasonality of our business combined with adverse events that may occur during our peak operating periods; competition in our mountain and lodging businesses or with other recreational and leisure activities; risks related to the high fixed cost structure of our business; our ability to fund resort capital expenditures, or accurately identify the need for, or anticipate the timing of certain capital expenditures; risks related to a disruption in our water supply that would impact our snowmaking capabilities and operations; our reliance on government permits or approvals for our use of public land or to make operational and capital improvements; risks related to resource efficiency transformation initiatives; risks related to federal, state, local and foreign government laws, rules and regulations, including environmental and health and safety laws and regulations; risks related to changes in security and privacy laws and regulations which could increase our operating costs and adversely affect our ability to market our products, properties and services effectively; potential failure to adapt to technological developments or industry trends regarding information technology; our ability to successfully launch and promote adoption of new products, technology, services and programs; risks related to our workforce, including increased labor costs, loss of key personnel and our ability to maintain adequate staffing, including hiring and retaining a sufficient seasonal workforce; our ability to successfully integrate acquired businesses, including their integration into our internal controls and infrastructure; our ability to successfully navigate new markets, including Europe , or that acquired businesses may fail to perform in accordance with expectations; a deterioration in the quality or reputation of our brands, including our ability to protect our intellectual property and the risk of accidents at our mountain resorts; risks related to scrutiny and changing expectations regarding our environmental, social and governance practices and reporting; risks associated with international operations, including fluctuations in foreign currency exchange rates where the Company has foreign currency exposure, primarily the Canadian and Australian dollars and the Swiss franc, as compared to the U.S. dollar; changes in tax laws, regulations or interpretations, or adverse determinations by taxing authorities; risks related to our indebtedness and our ability to satisfy our debt service requirements under our outstanding debt including our unsecured senior notes, which could reduce our ability to use our cash flow to fund our operations, capital expenditures, future business opportunities and other purposes; a materially adverse change in our financial condition; adverse consequences of current or future litigation and legal claims; changes in accounting judgments and estimates, accounting principles, policies or guidelines; and other risks detailed in the Company's filings with the Securities and Exchange Commission, including the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended July 31, 2024 , which was filed on September 26, 2024 . All forward-looking statements attributable to us or any persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. All guidance and forward-looking statements in this press release are made as of the date hereof and we do not undertake any obligation to update any forecast or forward-looking statements whether as a result of new information, future events or otherwise, except as may be required by law. Statement Concerning Non-GAAP Financial Measures When reporting financial results, we use the terms Resort Reported EBITDA, Total Reported EBITDA, Resort EBITDA Margin, Net Debt and Net Real Estate Cash Flow, which are not financial measures under accounting principles generally accepted in the United States of America ("GAAP"). Resort Reported EBITDA, Total Reported EBITDA, Resort EBITDA Margin, Net Debt and Net Real Estate Cash Flow should not be considered in isolation or as an alternative to, or substitute for, measures of financial performance or liquidity prepared in accordance with GAAP. In addition, we report segment Reported EBITDA (i.e. Mountain, Lodging and Real Estate), the measure of segment profit or loss required to be disclosed in accordance with GAAP. Accordingly, these measures may not be comparable to similarly-titled measures of other companies. Additionally, with respect to discussion of impacts from currency, the Company calculates the impact by applying current period foreign exchange rates to the prior period results, as the Company believes that comparing financial information using comparable foreign exchange rates is a more objective and useful measure of changes in operating performance. Reported EBITDA (and its counterpart for each of our segments) has been presented herein as a measure of the Company's performance. The Company believes that Reported EBITDA is an indicative measurement of the Company's operating performance, and is similar to performance metrics generally used by investors to evaluate other companies in the resort and lodging industries. The Company defines Resort EBITDA Margin as Resort Reported EBITDA divided by Resort net revenue. The Company believes Resort EBITDA Margin is an important measurement of operating performance. The Company believes that Net Debt is an important measurement of liquidity as it is an indicator of the Company's ability to obtain additional capital resources for its future cash needs. Additionally, the Company believes Net Real Estate Cash Flow is important as a cash flow indicator for its Real Estate segment. See the tables provided in this release for reconciliations of our measures of segment profitability and non-GAAP financial measures to the most directly comparable GAAP financial measures. Vail Resorts, Inc. Consolidated Condensed Statements of Operations (In thousands, except per share amounts) (Unaudited) Three Months Ended October 31, 2024 2023 Net revenue: Mountain and Lodging services and other $ 187,050 $ 182,834 Mountain and Lodging retail and dining 73,162 71,442 Resort net revenue 260,212 254,276 Real Estate 63 4,289 Total net revenue 260,275 258,565 Segment operating expense: Mountain and Lodging operating expense 266,264 255,576 Mountain and Lodging retail and dining cost of products sold 28,947 31,295 General and administrative 106,857 108,025 Resort operating expense 402,068 394,896 Real Estate operating expense 1,491 5,181 Total segment operating expense 403,559 400,077 Other operating (expense) income: Depreciation and amortization (71,633) (66,728) Gain on sale of real property 16,506 6,285 Change in estimated fair value of contingent consideration (2,079) (3,057) Loss on disposal of fixed assets and other, net (1,529) (2,043) Loss from operations (202,019) (207,055) Mountain equity investment income, net 2,151

After being criticized for not standing with the concerned citizens of Baltimore, Carroll and Frederick counties over the controversial Maryland Piedmont Reliability Project, Gov. Wes Moore says he plans to take a more proactive approach with the power companies.

WASHINGTON (AP) — Former Rep. said Friday that he will not be returning to Congress after withdrawing his name from consideration to be attorney general under President-elect Donald Trump amid growing allegations of sexual misconduct. “I’m still going to be in the fight, but it’s going to be from a new perch. I do not intend to join the 119th Congress,” Gaetz told conservative commentator Charlie Kirk, adding that he has “some other goals in life that I’m eager to pursue with my wife and my family.” The announcement comes a day after Gaetz, a Florida Republican, stepped aside from the Cabinet nomination process amid growing fallout from that cast doubt on his ability to be confirmed as the nation’s chief federal law enforcement officer. The 42-year-old has vehemently denied the allegations against him. Gaetz’s nomination as attorney general had inside the Justice Department, but reflected Trump’s desire to place a loyalist in a department following the criminal cases against him. Hours after Gaetz withdrew, Trump nominated Pam Bondi, the former Florida attorney general, who would come to the job with years of legal work under her belt and that other trait Trump prizes above all: loyalty. It’s unclear what’s next for Gaetz, who is no longer a member of the House. He surprised colleagues by resigning from Congress the same day that Trump nominated him for attorney general. Some speculated he could still be sworn into office for another two-year term on Jan. 3, given that he had just won reelection earlier this month. But Gaetz, who has been in state and national politics for 14 years, said he’s done with Congress. “I think that eight years is probably enough time in the United States Congress,” he said.Article content In Sault Ste Marie, Algoma District School Board Grade 3, Grade 6 and Grade 9 students scored lower in math compared to the provincial average. In the Fraser Institute’s Report Card on Ontario’s Secondary Schools, Korah and St. Mary’s tied for highest math rating in the city with 6.0/10 – 378th out of 689 Ontario schools; Superior Heights 5.7 – 425/689, White Pines 4.5 – 562/689 and CASS 4.2 – 587/689. The provincial average was 6.3. The top schools in Ontario scored 9.9. The 2024 International Mathematical Olympiad (IMO), the world’s most prestigious mathematics competition, took place in England weeks before the Paris Olympics. China has been the undisputed king of the IMO for the past 30 years. But this year, the 2024 U.S. team, of whom five of the six are of Chinese ethnicity, took back first place ... by a paper-thin two-point margin over China. Canada finished 23rd – all six Canadian team members were of Chinese ethnicity Only one contestant achieved a perfect score this year — a contestant from China. The five members of the 2024 U.S. team of Chinese ethnicity provoked some comments: “Fight fire with fire.” “America makes better Chinese than China does.” “It’s nice they had the 3 DEI hires for team staff.” While students in the U.S. and Canada fall behind, students in other countries are surging ahead. Students from five nations in Asia top the latest global school rankings in math:1. China, 2. Singapore, 3. South Korea, 4. Japan and 5. Taiwan. There is a correlation between quality basic education and economic development — the better educated a country’s people are, the faster the country develops economically. This is particularly true in STEM, the distinct but related disciplines of science, technology, engineering, and mathematics with profound implications for workforce development, national security concerns and immigration policy. As STEM indicators are inputs to creating economic value, there is the belief that “the higher the value of STEM indicators, the more economic prosperity.” Nations with high PISA (Programme for International Student Assessment) STEM scores, such as China, South Korea, Japan, Taiwan, and Singapore, rank consistently high on global innovation indices. According to the World Economic Forum, these nations leverage robust STEM education systems to foster critical thinking, analytical skills, and technical knowledge, which form the bedrock of a highly-skilled, adaptable workforce. “I am referring to bringing in via legal immigration the top ~0.1% of STEM talent as being essential for America to keep winning,” Elon Musk wrote. “Thinking of America as a pro sports team that has been winning for a long time and wants to keep winning is the right mental construct.” Vivek Ramaswamy, whose parents immigrated from India, concurred with Musk while defending companies that look outside the U.S. for talent, arguing tech companies hire engineers who were born outside the U.S. because “American culture has venerated mediocrity over excellence.” “Our culture has venerated mediocrity over excellence for way too long. That doesn’t start in college, it starts YOUNG.” “A culture that celebrates the prom queen over the Math Olympiad champ, or the jock over the valedictorian, will not produce the best engineers.” In Canada, Asian kids routinely top their science, math and reading classes in grade school. The top students in the 2024 Ontario Mathematics Competition reads like the Hong Kong phone book: Leo Wu, Lei He, Jiahao Yu, Daniel Pu, Qi Ning. Nobody from Sault Ste Marie among the Top 30 in the honour roll. Cultural differences account for a lot of the differences in test scores. There is a Confucian cultural stress on excellence in education similar to that traditionally in Jewish culture and now in South Asian culture. Getting a bad grade is embarrassing, even shameful. To begin with, Asian mothers – Dragon Ladies and Tiger Mothers – are usually totally invested in their children’s education and fervently believe that math is very important. Education has always been considered the most important path to success in Chinese culture. Parents recognize achievements in core subjects, which include mathematics, are vital for success in the new society. High familial expectations are the main motivating factors for Chinese pupils. Combined with high-stakes exams at various points in the educational system, this means that pupils are pushed by these external motivations. Parents see math as a “critical filter” that decides who has access to higher education, the best courses in the best universities and higher-paying jobs ... and a better life. Everyone is equal in math, the universal language, because it is objective and value-neutral, open to all, regardless of a person’s culture or background. Math rewards effort more than any other subject. Asian parents know that with math, the first eight years of a child’s life are critical. If kids don’t have a strong foundation in arithmetic, then later excellence in mathematics will be impossible. We enrolled our son Brandon at age 7 in the Kumon math program to solidify that foundation. I taught him how to play chess when he was 10, when his friends were playing checkers because playing chess enables children to improve their critical thinking – the ability to recognize patterns, think logically, concentrate and solve problems creatively, all of which drive success in math. When my son was 8 or 9, whenever we were in the car, we played a game where I would drill him on his multiplication and division tables. His friends didn’t like riding in our car very much. He also had the benefit of bridge lessons at lunch hour in Sister Mary Clare elementary school by Bruce Richmond, a retired math teacher at Korah Collegiate, as strategic thinking, logical reasoning, probability analysis, and the ability to quickly calculate odds are all fundamental mathematical concepts that can be strengthened through playing bridge. Today he is a robotics engineer and the level of math he can do is far more advanced than my university Calculus 101. And he isn’t Asian. Kids in Canada who say, “Oh, I can’t learn math,” and give up and adopt a math-phobia, often have parents who hated math, a Mamma Bear who is mathematically illiterate and made their kids believe that math was something only nerds/geniuses could learn. That negative attitude pervades our educational system. Plus, a lot of kids are stuck with teachers not even qualified to teach math. The best and brightest in mathematics unfortunately don’t aspire to become teachers. Asian kids are raised in a Confucian culture that demands discipline, precision, accuracy, excellence, and hard work ... even as toddlers they’re already exposed to it. Asian kids are good at math because they are always practising it, and work at it longer and harder right from the beginning. Some think being good at mathematics is an innate ability – you either have it or you don’t. But it’s not so much ability as attitude. Success is a function of persistence and the willingness to work hard for 30 minutes to make sense of something that other people give up on after 30 seconds. Asian kids are good at math because they work hard, like to understand why something works and end up enjoying learning so much that they enjoy the subject and practise it and become good at it. The same cultural environment is true for China, Singapore, South Korea and Japan. After-school tuition is a way of life for students there who have to pass national exams to enter university. In China, exams are like a big, exciting competition – a game to be won. It’s like the Olympics for studying. This goes back hundreds of years. China was the first meritocracy, the concept originating in the 6th century BC, when the Chinese philosopher Confucius “invented the notion that those who govern should do so because of merit, not of inherited status.” Kids go to special “cram schools” to get extra tutoring to do their best in entrance exams to get into university. It’s not just about grades; it’s about rising above and being more successful in life. A recent study by the OECD (Organization for Economic Co-operation and Development) shows that on average, pupils in Shanghai aged 12-14 spend 3.3 hours on their homework each day, far more than the OECD average of 1.2 hours per day. Students in Asian schools don’t have long summer vacations. Why would they? A culture that believes that the route to success lies in hard work for years and years and embracing delayed gratification is scarcely going to give their children three months off in the summer. NInety per cent of students in China take at least one course over the summer break to improve their math, science, English or other important subjects. Most students take at least three courses and most spend three or four hours a day studying all summer. Chinese parents will move heaven and earth to ensure their children are not just well educated but are in the top streams of their classes. In Canada, the school year typically lasts 194 days. The Japanese school year is 243 days long. The Chinese school year is 255 days. The school days in China typically last from around 8 a.m. in the morning until 5 p.m. in the evening. On Saturdays, many schools hold required morning classes in subjects like science and math. The problem with school in Canada, for the kids who aren’t achieving, is that there isn’t enough of it. We have a summer vacation problem. Dr. Peter Chow is a retired Sault Ste. Marie physician Share this Story : DR. PETER CHOW: Attitude, not necessarily aptitude, adds up to math success Copy Link Email X Reddit Pinterest LinkedIn Tumblr

Sun Point Foundation Honored with the “Pursuit of Equity” Award for Advancing Diversity and Inclusion in Counseling

BYD Cars Philippines, in collaboration with ACMobility, recently introduced the BYD Seal 5 DM-i, a groundbreaking-sedan tailored specifically for practical and progressive first-time car buyers. The new electric vehicle offers a premium driving experience at an accessible price point, making electric mobility more accessible to Filipinos. “The collaboration between BYD and ACMobility represents a momentous step towards establishing a strong foundation for electrified mobility in the country,” said Jaime Alfonso Zobel de Ayala, chief executive officer of ACMobility. “Together, we’re committed to enhancing customer experience and making electric vehicles a mainstream choice, offering options that meet the diverse needs of the modern Filipino driver,” he adds. 30 years of innovation and 10 million NEVs produced This year also marks a significant milestone for BYD, which celebrates 30 years of pioneering electrified mobility solutions and leading the way in making electric vehicles accessible to everyday drivers. BYD has remained committed to advancing electric transportation throughout these three decades, continually innovating to meet consumers’ evolving needs. BYD also commemorates the roll-out of its 10-millionth New Energy Vehicle (NEV) this November, further reinforcing the company’s ongoing growth and its unwavering commitment to driving the global transition toward smarter, more efficient mobility. BYD is now the first automaker in the world to reach this groundbreaking figure. BYD took 15 years to produce the first 5 million NEVs. It achieved the next 5 million in just 15 months, demonstrating the company’s focus on new energy vehicles and its continuous technological advancement. The launch of the BYD Seal 5 DM-i builds on this legacy, bringing advanced electrified solutions to Filipino drivers and further solidifying BYD’s global leadership in shaping the future of mobility. Aligned with this commitment, the partnership between BYD Cars Philippines and ACMobility is central to making electric vehicles more accessible to all Filipinos. With ACMobility providing essential infrastructure — such as charging stations and service facilities — BYD Cars Philippines is positioned to play a leading role in transforming the automotive landscape. The BYD Seal 5 DM-i embodies this vision, offering an ideal blend of performance, cutting-edge technology and user-friendly features to deliver the ultimate value for a new generation of car buyers. “We believe the BYD Seal 5 DM-i will be yet another game-changer on the market as it offers an electric mobility solution that is efficient, affordable and practical for Filipino drivers,” said Bob Palanca, managing director of BYD Cars Philippines. “With its accessible pricing and cutting-edge features, this vehicle is designed to make electrified mobility easier to embrace, whether for urban commutes or long-distance travels.” Striking design meets smart engineering The commitment to innovation is reflected in the design and engineering of the BYD Seal 5 DM-i, which showcases a sleek and modern exterior. The sedan’s dynamic exterior is a perfect blend of form and function, measuring 4,780 mm in length, 1,837 mm in width, and 1,495 mm in height. Its impressive 2,718 mm wheelbase enhances stability and contributes to a spacious interior, making it a compelling choice for first-time car buyers. Designed with bold LED headlights and full-width LED taillights, the BYD Seal 5 DM-i offers enhanced visibility and a contemporary look reflecting its advanced technology. The BYD Seal 5 DM-i is designed to prioritize comfort and convenience. The Dynamic and Premium trims feature a 12.8” rotating touchscreen, offering an intuitive interface for seamless navigation and entertainment. The Premium variant takes the in-car experience further with an 8-speaker sound system. Along with Wireless Apple CarPlay and Android Auto, a standard for both trims, the Seal 5 DM-i ensures that occupants stay connected and entertained on every journey. Additionally, both variants include an 8.8” LCD digital gauge cluster, enhancing the overall driver experience with clear, easy-to-read information at a glance. A fusion of performance, tech and safety The BYD Seal 5 DM-i offers an ideal blend of advanced technology and exceptional performance. Equipped with an 8.3 kWh BYD Blade battery pack, the Dynamic trim provides an electric range of up to 50 km. The Premium variant has a larger 18.3 kWh Blade battery pack, providing an electric range of up to 115 km. Both variants feature advanced technologies, including a 360-degree camera for the Premium for enhanced parking and maneuverability. The BYD Seal 5 DM-i also has OTA (over-the-air) update capability, ensuring the vehicle remains up-to-date with the latest software enhancements. On the performance front, the BYD Seal 5 DM-i shines with the Dynamic variant, producing 179 PS and 316 Nm of torque, accelerating from 0 to 100 km/h in just 7.9 seconds. The Premium variant offers a boost in power with 197 PS and 325 Nm of torque, reaching 100 km/h in a quick 7.3 seconds. Both models are electronically limited to a top speed of 185 km/h, striking an excellent balance between efficiency and performance. In terms of range, the Dynamic offers an impressive total driving distance of up to 1,175 kilometers. The Premium variant extends this further, reaching up to 1,240 kilometers, ensuring that long-distance travel is as effortless and enjoyable as daily commuting. Safety is paramount in the BYD Seal 5 DM-i, which has a comprehensive suite of features. Both models include rear sensors, a rear camera, Tire Pressure Monitoring System, Electronic Brake Distribution, Hydraulic Brake Assist, Traction Control System, Hill Hold Control and six airbags. Additionally, the Seal 5 DM-i has standard safety features such as an Anti-lock Brake System, further enhancing its commitment to providing peace of mind for drivers and passengers alike. With a starting price of P948,000 for the Dynamic variant and P1,198,000 for the Premium model, first-time car buyers can access an affordable, high-quality sedan that meets their needs. The new BYD Seal 5 DM-i is available in four stylish colors: Quartz Blue, Arctic White, Cosmos Black and Harbor Gray, offering various options for customers. It is also available in two variants: the Dynamic and the Premium. Like other models in the local lineup, the new BYD DM-i sedan carries an extensive warranty: an 8-year or 160,000 km (whichever comes first) warranty for the BYD Blade battery, an 8-year or 150,000 km (whichever comes first) warranty for its drive unit, and a 6-year or 150,000 km (whichever comes first) vehicle warranty. “We are proud to bring the BYD Seal 5 DM-i to the Philippine market, a significant step forward in our mission to make electrified mobility accessible to everyone,” said Aiffy Liu, BYD country head, BYD Philippines. “As BYD continues to expand its global footprint in its 30th year, we are even more committed to providing eco-conscious Filipinos with innovative, sustainable and affordable electric vehicles that will shape the future of transportation in the country.” For more information, visit bydcarsphilippines.com.Franklin Resources Inc. boosted its stake in Integral Ad Science Holding Corp. ( NASDAQ:IAS – Free Report ) by 12.9% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,449 shares of the company’s stock after buying an additional 12,647 shares during the period. Franklin Resources Inc. owned 0.07% of Integral Ad Science worth $1,191,000 at the end of the most recent quarter. Several other large investors have also recently bought and sold shares of the stock. Crestwood Capital Management L.P. lifted its holdings in shares of Integral Ad Science by 0.3% in the third quarter. Crestwood Capital Management L.P. now owns 650,738 shares of the company’s stock valued at $7,034,000 after buying an additional 1,941 shares during the period. Point72 DIFC Ltd acquired a new stake in Integral Ad Science in the 3rd quarter valued at about $41,000. nVerses Capital LLC bought a new position in shares of Integral Ad Science during the 3rd quarter valued at about $45,000. Principal Financial Group Inc. grew its stake in shares of Integral Ad Science by 9.3% in the 2nd quarter. Principal Financial Group Inc. now owns 61,108 shares of the company’s stock worth $594,000 after purchasing an additional 5,189 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of Integral Ad Science by 18.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 37,870 shares of the company’s stock worth $368,000 after purchasing an additional 5,806 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock. Wall Street Analysts Forecast Growth A number of brokerages recently weighed in on IAS. Scotiabank assumed coverage on shares of Integral Ad Science in a research report on Thursday, December 5th. They issued a “sector perform” rating and a $10.00 price target on the stock. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Oppenheimer reduced their target price on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating for the company in a report on Wednesday, November 13th. Piper Sandler cut their price objective on Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a report on Wednesday, November 13th. Finally, Craig Hallum decreased their target price on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $15.18. Integral Ad Science Price Performance Shares of IAS stock opened at $10.44 on Friday. The company has a market capitalization of $1.70 billion, a P/E ratio of 52.20, a P/E/G ratio of 1.49 and a beta of 1.45. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science Holding Corp. has a 12 month low of $7.98 and a 12 month high of $17.53. The stock has a 50 day moving average of $11.11 and a two-hundred day moving average of $10.74. Integral Ad Science ( NASDAQ:IAS – Get Free Report ) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. The firm had revenue of $133.50 million for the quarter, compared to analyst estimates of $138.06 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.09) EPS. As a group, equities analysts expect that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year. Insiders Place Their Bets In other news, CEO Lisa Utzschneider sold 10,481 shares of the company’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $10.11, for a total value of $105,962.91. Following the sale, the chief executive officer now owns 239,709 shares of the company’s stock, valued at approximately $2,423,457.99. This represents a 4.19 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website . Also, CFO Tania Secor sold 5,240 shares of the business’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $52,976.40. Following the completion of the transaction, the chief financial officer now owns 248,223 shares in the company, valued at approximately $2,509,534.53. This trade represents a 2.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 16,363 shares of company stock worth $165,629 over the last quarter. Company insiders own 2.00% of the company’s stock. Integral Ad Science Profile ( Free Report ) Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, France, Ireland, Germany, Italy, Singapore, Australia, Japan, India, and the Nordics. The company provides IAS Signal, a cloud-based technology platform that offers return on ad spend needs; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video. Further Reading Five stocks we like better than Integral Ad Science Stock Splits, Do They Really Impact Investors? Buffett Takes the Bait; Berkshire Buys More Oxy in December Transportation Stocks Investing Top 3 ETFs to Hedge Against Inflation in 2025 What Are Dividends? Buy the Best Dividend Stocks These 3 Chip Stock Kings Are Still Buys for 2025 Receive News & Ratings for Integral Ad Science Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integral Ad Science and related companies with MarketBeat.com's FREE daily email newsletter .

New York state government to monitor its use of AI under a new lawWith the massive Macy’s Thanksgiving Day Parade on the horizon, the NYPD held a special interagency meeting last week to make safety preparations for the extravaganza. amNewYork Metro was given a peek inside the behind-closed-doors conference, which saw representatives from every New York City agency in attendance at One Police Plaza in Lower Manhattan. Chief of Department Jeffery Maddrey spearheaded the session, going over the basics of keeping New York’s biggest autumn parade safe. “This is a massive parade; it’s not just about the police,” Maddrey said. “It’s about making sure buildings are secure, DOT to secure our streets and our lights, traffic, everything has to be maintained. Everything has to be looked at; everything has to be prepared.” The Macy’s Thanksgiving Day Parade kicks off on the morning of Nov. 28 at Central Park West and 77th Street and will finish in front of the Macy’s building in Herald Square; tens of thousands of people are expected to participate and spectate. The big march will occur a week after a series of high-profile crimes that saw the random stabbing murders of three New Yorkers , a shooting of a police officer in Queens, and two slashings of tourists. Maddrey said the incidents were a reminder of how carefully prepared the NYPD must be to ensure everyone enjoying the Thanksgiving Day Parade has a safe and fun time. “These are random acts that happened early in the week. They’re devastating, they’re devastating to the families — my condolences to all the families. It’s devastating to us as an agency because we want to make sure people are protected. So, what are big events like this is always about making sure our officers are highly visible, that they’re all out there, they’re vigilant,” Maddrey said, stating that they are there to ensure spectators are protected. “We will have assets that you’ll see out there with assets that you won’t see out there. Undercover officers. We’ll be using our drones and other technologies to make sure that people are safe. And we ask all of our community, people, everyone who comes out to party, to enjoy the parade.” Police brass say they are also keeping a keen eye on potential disruptors. Last year, a slew of pro-Palestine protesters attempted to block the parade floats by gluing their hands to the roadway. Maddrey says officers will be on the scene and ready to deal with any issues that may arise. “The first order of prevention is high visibility. But if they do jump the fence and glue themselves, we have the necessary equipment to get them to unglue them and to remove them off the scene,” Maddrey said. “We will be highly visible and ready to go.”

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CHARLESTON, S.C. (AP) — Kobe Sanders scored 27 points, including five of six from the free throw line in the closing minutes, and Nevada pulled away late to beat Oklahoma State 90-78 for a fifth-place finish at the Charleston Classic on Sunday. Nevada's lone loss in its first six games came in the tournament's opening round when the Wolf Pack fell to Vanderbilt 73-71. The Cowboys never led in the contest and Nevada grabbed the lead for good on Justin McBride's tip-in with under 13 minutes left to take a 14-12 lead. Tre Coleman hit two free throws and Chuck Bailey II hit a late jumper to put Nevada up 40-33 at intermission. Abou Ousmane's tip-in at the 5:21 mark got the Cowboys within five, 75-70 but Brandon Love answered with a three-point play seconds later and the Wolf Pack pulled away. Tyler Rolison's 3 with 1:38 left pushed the lead to 84-73. Sanders hit 7 of 10 shots from the field, including 3 of 5 from distance, and was 10 of 13 from the line with three assists and a steal to lead Nevada. Nick Davidson had 23 points on 9 of 16 shooting and Love was a perfect 5-for-5 from the floor and contributed 11 points. The Wolf Pack shot 33 of 56 from the field (58.9%), including 7 of 18 from beyond the arc. Marchelus Avery and Arturo Dean both came off the Oklahoma State bench to score 15 and 13 points, respectively. Robert Jennings II and Ousmane each scored 11 points. Both teams completed the November portion of their schedule. Nevada plays host to Washington State on Dec. 2. Oklahoma State plays at Tulsa on Dec. 4. Get poll alerts and updates on the AP Top 25 throughout the season. Sign up here . AP college basketball: https://apnews.com/hub/ap-top-25-college-basketball-poll and https://apnews.com/hub/college-basketballNokia Corporation: Repurchase of own shares on 27.12.2024

Innergex and Indigenous Partners Secure Selection of 3 Wind Projects in BC Hydro's Latest Request for ProposalsJabalpur (Madhya Pradesh): Jabalpur police arrested two suspects with illegal drugs worth ₹7.5 lakh on Sunday. According to information, the accused were running a business of banned narcotic injections from a rented house in Ramnagar, near Garha Phatak. Acting on a tip-off, Lordganj police raided the location and seized a large stock of banned drugs. The confiscated items included 3,094 bottles of Correx, 48,000 Aprazolam tablets, 1,280 Nitrozepam tablets, and 120 packets of Proxihns Spas (Tramadol). The main accused, Vinod Kori, was unable to provide satisfactory explanations about the stock. Investigations revealed that he was operating the illegal drug supply business with his accomplice, Vicky Choudhary. They were using a medical license registered under Kori’s sister-in-law’s name to trade the banned substances. Police are interrogating the accused to identify the suppliers and buyers involved in the operation. The arrests could lead to significant revelations about the drug network in the area. The accused have been charged under the Drug Control Act and NDPS Act. This comes as part of a series of recent police actions targeting narcotics in the city.

Here's How Much $1000 Invested In Murphy USA 5 Years Ago Would Be Worth TodayTrump gave Interior nominee one directive for a half-billion acres of US land: ‘Drill.’

SAN FRANCISCO , Dec. 5, 2024 /PRNewswire/ -- Docusign, Inc. (NASDAQ: DOCU) today announced results for its fiscal quarter ended October 31, 2024. Prepared remarks and the news release with the financial results will be accessible on Docusign's website at investor.docusign.com prior to its webcast. "Docusign delivered powerful new innovation for customers highlighted by new capabilities to its Intelligent Agreement Management ("IAM") platform," said Allan Thygesen , CEO of Docusign. "In Q3, early IAM momentum outpaced expectations, and we continued to drive improvement in our core business with strong revenue growth and operating profit." Third Quarter Financial Highlights Total revenue was $754.8 million , an 8% year-over-year increase. Subscription revenue was $734.7 million , an 8% year-over-year increase. Professional services and other revenue was $20.1 million , an 11% year-over-year increase. Billings were $752.3 million , a 9% year-over-year increase. GAAP gross margin was 79.3% compared to 79.6% in the same period last year. Non-GAAP gross margin was 82.5% compared to 83.0% in the same period last year. GAAP net income per basic share was $0.31 on 204 million shares outstanding compared to $0.19 on 204 million shares outstanding in the same period last year. GAAP net income per diluted share was $0.30 on 209 million shares outstanding compared to $0.19 on 208 million shares outstanding in the same period last year. Non-GAAP net income per diluted share was $0.90 on 209 million shares outstanding compared to $0.79 on 208 million shares outstanding in the same period last year. Net cash provided by operating activities was $234.3 million compared to $264.2 million in the same period last year. Free cash flow was $210.7 million compared to $240.3 million in the same period last year. Cash, cash equivalents, restricted cash and investments were $1.1 billion at the end of the quarter. Repurchases of common stock were $172.7 million compared to $75.0 million in the same period last year. A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables included in this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures and Other Key Metrics." Key Business Highlights: IAM Product Releases and Highlights : Docusign announced new product capabilities to its IAM platform. Highlights from recent product releases include: Docusign Navigator: Lexion's AI capabilities were released to the IAM platform, including the ability to surface insights from a more extensive array of agreement types. Additionally, Navigator now includes the ability to import documents from third-party partners including Box, Dropbox, Google Drive, and Microsoft OneDrive. Also, Navigator now has an upgraded search experience that includes predictive type-ahead functionality, more filters, and the ability to export results. Docusign IAM with Maestro and App Center Global Expansion : IAM with Docusign Maestro and IAM App Center availability expanded globally in the third fiscal quarter after the initial launch in the US, Canada , and Australia in May. Contract Lifecycle Management ("CLM") Product Releases and Highlights : Docusign CLM Connector for SAP Ariba: Docusign Connector for SAP Ariba automates workflows to help businesses accelerate time to value and eliminate friction in source-to-pay agreement processes. AI-assisted Contract Review for CLM : Incorporating Lexion's AI technology, AI-assisted review was launched with availability for Microsoft Word allowing for AI-generated markups, language recommendations, and generative Q&A. 2024 Gartner Magic Quadrant Leader: For the fifth year in a row, Docusign was named a Leader in the 2024 Magic Quadrant for Contract Life Cycle Manager report by Gartner, Inc. Developer Ecosystem: Docusign Discover 2024: On November 20 , Docusign held its first-ever agreement management ecosystem event, connecting customers, partners, and developers. Discover showcased Docusign IAM integrations with Microsoft, SAP, and Workday, and provided workshops and a virtual hackathon for developers to build across the entire agreement lifecycle. Docusign for Developers was also introduced as a suite of developer tools that partners will use to build apps powered by the IAM platform. Copilot for Microsoft 365 Integration: Integration with Microsoft 365 allows agreements to be searchable by Copilot, the AI-powered chatbot available to Microsoft customers. Users across HR, Sales, Procurement, Legal, and more can use the Copilot for M365 integration to ask Copilot for outstanding agreements or agreement status using AI-powered chat experiences. Guidance The company currently expects the following guidance: Quarter ending January 31, 2025 (in millions, except percentages): Total revenue $758 to $762 Subscription revenue $741 to $745 Billings $870 to $880 Non-GAAP gross margin 81.0 % to 82.0 % Non-GAAP operating margin 27.5 % to 28.5 % Non-GAAP diluted weighted-average shares outstanding 209 to 214 Fiscal Year ending January 31, 2025 (in millions, except percentages): Total revenue $2,959 to $2,963 Subscription revenue $2,885 to $2,889 Billings $3,056 to $3,066 Non-GAAP gross margin 81.9 % to 82.1 % Non-GAAP operating margin 29.5 % to 29.7 % Non-GAAP diluted weighted-average shares outstanding 210 to 212 A reconciliation of non-GAAP guidance measures to corresponding GAAP guidance measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty regarding, and the potential variability of, expenses that may be incurred in the future. Stock-based compensation-related charges, including employer payroll tax-related items on employee stock transactions, are impacted by many factors, including the timing of employee stock transactions, the future fair market value of our common stock, and our future hiring and retention needs, all of which are difficult to predict and subject to constant change. We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this release. Webcast Conference Call Information The company will host a conference call on December 5, 2024 at 2:00 p.m. PT ( 5:00 p.m. ET ) to discuss its financial results. A live webcast of the event will be available on the Docusign Investor Relations website at investor.docusign.com . Prepared remarks and the news release with the financial results will also be accessible on Docusign's website prior to the webcast. A live dial-in will be available domestically at 877-407-0784 or internationally at 201-689-8560. A replay will be available domestically at 844-512-2921 or internationally at 412-317-6671 until midnight (EST) December 19, 2024 using the passcode 13750095. About Docusign Docusign brings agreements to life. Over 1.6 million customers and more than a billion people in over 180 countries use Docusign solutions to accelerate the process of doing business and simplify people's lives. With intelligent agreement management, Docusign unleashes business critical data that is trapped inside of documents. Until now, these were disconnected from business systems of record, costing businesses time, money, and opportunity. Using Docusign's IAM platform, companies can create, commit, and manage agreements with solutions created by the #1 company in e-signature and CLM. Learn more at www.docusign.com . Copyright 2024. Docusign, Inc. is the owner of DOCUSIGN® and all its other marks (www.docusign.com/IP). Investor Relations: Docusign Investor Relations investors@docusign.com Media Relations: Docusign Corporate Communications media@docusign.com Forward-Looking Statements This press release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on our management's beliefs and assumptions and on information currently available to management, and which statements involve substantial risk and uncertainties. All statements contained in this press release other than statements of historical fact, including statements regarding our future operating results and financial position, our business strategy and plans, market growth and trends, objectives for future operations, and the impact of such assumptions on our financial condition and results of operations are forward-looking statements. Forward-looking statements in this press release also include, among other things, statements under "Guidance" above and any other statements about expected financial metrics, such as revenue, billings, non-GAAP gross margin, non-GAAP operating margin, non-GAAP diluted weighted-average shares outstanding, and non-financial metrics, as well as statements related to our expectations regarding the benefits, rollout and customer demand of the Docusign IAM platform. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. Forward-looking statements contained in this press release include, but are not limited to, statements about: our expectations regarding global macro-economic conditions, including the effects of inflation, volatile interest rates, and market volatility on the global economy; our ability to estimate the size and growth of our total addressable market; our ability to compete effectively in an evolving and competitive market; the impact of any data breaches, cyberattacks or other malicious activity on our technology systems; our ability to effectively sustain and manage our growth and future expenses and maintain or increase future profitability; our ability to attract new customers and maintain and expand our existing customer base; our ability to effectively implement and execute our restructuring plans; our ability to scale and update our platform to respond to customers' needs and rapid technological change, including our ability to successfully incorporate generative artificial intelligence into our existing and future products; our ability to successfully execute our technical developments, go-to-market and sales strategy for our IAM platform; our ability to expand use cases within existing customers and vertical solutions; our ability to expand our operations and increase adoption of our platform internationally; our ability to strengthen and foster our relationships with developers; our ability to retain our direct sales force, customer success team and strategic partnerships around the world; our ability to identify targets for and execute potential acquisitions and to successfully integrate and realize the anticipated benefits of such acquisitions; our ability to maintain, protect and enhance our brand; the sufficiency of our cash, cash equivalents and capital resources to satisfy our liquidity needs; limitations on us due to obligations we have under our credit facility or other indebtedness; our ability to realize the anticipated benefits of our stock repurchase program; our failure or the failure of our software to comply with applicable industry standards, laws and regulations; our ability to maintain, protect and enhance our intellectual property; our ability to successfully defend litigation against us; our ability to attract large organizations as users; our ability to maintain our corporate culture; our ability to offer high-quality customer support; our ability to hire, retain and motivate qualified personnel, including executive level management; our ability to successfully manage and integrate executive management transitions; uncertainties regarding the impact of general economic and market conditions, including as a result of regional and global conflicts; and our ability to maintain proper and effective internal controls. Additional risks and uncertainties that could affect our financial results are included in the sections titled "Risk Factors" and "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 January 31, 2024 filed on March 21, 2024 , our quarterly report on Form 10-Q for the quarter ended October 31, 2024 , which we expect to file on December 6, 2024 with the Securities and Exchange Commission (the "SEC"), and other filings that we make from time to time with the SEC. The forward-looking statements made in this press release relate only to events as of the date on which such statements are made. We undertake no obligation to update any forward-looking statements after the date of this press release or to conform such statements to actual results or revised expectations, except as required by law. Non-GAAP Financial Measures and Other Key Metrics To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we use certain non-GAAP financial measures, as described below, to understand and evaluate our core operating performance. These non-GAAP financial measures, which may be different than similarly-titled measures used by other companies, are presented to enhance investors' overall understanding of our financial performance and should not be considered a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. We believe that these non-GAAP financial measures provide useful information about our financial performance, enhance the overall understanding of our past performance and future prospects, and allow for greater transparency with respect to important metrics used by our management for financial and operational decision-making. We present these non-GAAP measures to assist investors in seeing our financial performance using a management view, and because we believe that these measures provide an additional tool for investors to use in comparing our core financial performance over multiple periods with other companies in our industry. However, these non-GAAP measures are not intended to be considered in isolation from, a substitute for, or superior to our GAAP results. Non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP net income and non-GAAP net income per share : We define these non-GAAP financial measures as the respective GAAP measures, excluding expenses related to stock-based compensation, employer payroll tax on employee stock transactions, amortization of acquisition-related intangibles, amortization of debt discount and issuance costs, fair value adjustments to strategic investments, acquisition-related expenses, lease-related impairment and lease-related charges, restructuring and other related charges, as these costs are not reflective of ongoing operations and, as applicable, other special items. The amount of employer payroll tax-related items on employee stock transactions is dependent on our stock price and other factors that are beyond our control and do not correlate to the operation of the business. When evaluating the performance of our business and making operating plans, we do not consider these items (for example, when considering the impact of equity award grants, we place a greater emphasis on overall stockholder dilution rather than the accounting charges associated with such grants). We believe it is useful to exclude these expenses in order to better understand the long-term performance of our core business and to facilitate comparison of our results to those of peer companies and over multiple periods. In addition to these exclusions, we subtract an assumed provision for income taxes to calculate non-GAAP net income. We utilize a fixed long-term projected tax rate in our computation of the non-GAAP income tax provision to provide better consistency across the reporting periods. For fiscal 2024 and fiscal 2025, we have determined the projected non-GAAP tax rate to be 20%. Free cash flow : We define free cash flow as net cash provided by operating activities less purchases of property and equipment. We believe free cash flow is an important liquidity measure of the cash that is available (if any), after purchases of property and equipment, for operational expenses, investment in our business, and to make acquisitions. Free cash flow is useful to investors as a liquidity measure because it measures our ability to generate or use cash in excess of our capital investments in property and equipment. Once our business needs and obligations are met, cash can be used to maintain a strong balance sheet and invest in future growth. Billings : We define billings as total revenues plus the change in our contract liabilities and refund liability less contract assets and unbilled accounts receivable in a given period. Billings reflects sales to new customers plus subscription renewals and additional sales to existing customers. Only amounts invoiced to a customer in a given period are included in billings. We believe billings can be used to measure our periodic performance, when taking into consideration the timing aspects of customer renewals, which represents a large component of our business. Given that most of our customers pay in annual installments one year in advance, but we typically recognize a majority of the related revenue ratably over time, we use billings to measure and monitor our ability to provide our business with the working capital generated by upfront payments from our customers. For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measure, please see "Reconciliation of GAAP to Non-GAAP Financial Measures" below. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) Three Months Ended October 31, Nine Months Ended October 31, (in thousands, except per share data) 2024 2023 2024 2023 Revenue: Subscription $ 734,693 $ 682,352 $ 2,143,542 $ 1,991,026 Professional services and other 20,127 18,069 56,945 58,470 Total revenue 754,820 700,421 2,200,487 2,049,496 Cost of revenue: Subscription 134,587 114,227 393,561 339,354 Professional services and other 21,950 28,418 67,887 85,360 Total cost of revenue 156,537 142,645 461,448 424,714 Gross profit 598,283 557,776 1,739,039 1,624,782 Operating expenses: Sales and marketing 290,597 292,473 859,705 867,916 Research and development 151,101 136,640 432,992 387,964 General and administrative 97,555 108,215 277,162 316,910 Restructuring and other related charges — 710 29,721 30,293 Total operating expenses 539,253 538,038 1,599,580 1,603,083 Income from operations 59,030 19,738 139,459 21,699 Interest expense (462) (1,577) (1,150) (5,135) Interest income and other income, net 13,006 17,673 41,745 47,373 Income before provision for (benefit from) income taxes 71,574 35,834 180,054 63,937 Provision for (benefit from) income taxes 9,151 (2,971) (804,340) 17,198 Net income $ 62,423 $ 38,805 $ 984,394 $ 46,739 Net income per share attributable to common stockholders: Basic $ 0.31 $ 0.19 $ 4.81 $ 0.23 Diluted $ 0.30 $ 0.19 $ 4.69 $ 0.23 Weighted-average shares used in computing net income per share: Basic 203,567 204,456 204,674 203,609 Diluted 208,706 208,054 209,755 208,317 Stock-based compensation expense included in costs and expenses: Cost of revenue—subscription $ 14,862 $ 13,705 $ 44,636 $ 38,143 Cost of revenue—professional services and other 4,765 7,343 14,465 21,359 Sales and marketing 49,347 53,715 154,396 150,604 Research and development 53,184 48,310 150,816 129,458 General and administrative 31,070 36,337 91,239 111,271 Restructuring and other related charges — 8 4,836 4,996 CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (in thousands) October 31, 2024 January 31, 2024 Assets Current assets Cash and cash equivalents $ 610,870 $ 797,060 Investments—current 331,506 248,402 Accounts receivable, net 300,444 439,299 Contract assets—current 13,645 15,922 Prepaid expenses and other current assets 75,412 66,984 Total current assets 1,331,877 1,567,667 Investments—noncurrent 112,805 121,977 Property and equipment, net 278,623 245,173 Operating lease right-of-use assets 113,365 123,188 Goodwill 455,678 353,138 Intangible assets, net 83,307 50,905 Deferred contract acquisition costs—noncurrent 445,987 409,627 Deferred tax assets—noncurrent 816,538 2,031 Other assets—noncurrent 132,028 97,584 Total assets $ 3,770,208 $ 2,971,290 Liabilities and Equity Current liabilities Accounts payable $ 18,144 $ 19,029 Accrued expenses and other current liabilities 94,591 104,037 Accrued compensation 158,779 195,266 Contract liabilities—current 1,307,749 1,320,059 Operating lease liabilities—current 19,507 22,230 Total current liabilities 1,598,770 1,660,621 Contract liabilities—noncurrent 22,931 21,980UN Secretary-General António Guterres Monday condemned the slaughtering of over 180 people between Dec. 6 and 8 near Port-au-Prince after a gang leader was told that the victims, all or most of them aged over 60, had rendered a son of his ill through witchcraft. Guterres also urged local authorities through a statement to conduct a thorough investigation into the case of the gang that killed at least 184 people, including 127 men and women of legal age in the Wharf Jérémie neighborhood of Cité Soleil. In addition, the UN Chief addressed the need to keep the 2,500--strong multinational force led by Kenya to be provided with proper financing and gear. Furthermore, the Portuguese Socialist leader pressed Haiti's government to speed up the political transition. United Nations High Commissioner for Human Rights Volker Turk pointed out that these 184 victims “bring the death toll in Haiti this year to a staggering 5,000 people.” According to the latest figures from Port-au-Prince, 184 people were killed with knives and machetes between Thursday and Saturday in Cité Soleil by a criminal gang after its leader, alias 'Wa Mikano' went to a voodoo priest to inquire about the serious illness suffered by his son and was told that it was caused by the elders casting an evil eye on the child, whose death was also confirmed late Sunday as fears of further violence mounted. Haitian Acting Prime Minister Alix Didier Fils-Aimé issued a statement Monday condemning “this barbaric act, of unbearable cruelty,” which “cost the lives of more than a hundred women and men, most of them defenseless elderly.” He then promised “that these horrors do not go unpunished” and announced that he would deploy ”the repressive machinery of the State (...) with all its force and with the utmost speed to locate, capture and bring to justice the perpetrators and accomplices of this unspeakable massacre.“ ”Justice will be done; the sacrifice of these souls will not be in vain, and the Republic will stop at nothing to restore order, dignity, and security to the population,” he added.ArcelorMittal: Low Valuation And Economic Tailwinds Could Lead To A Stock Rebound