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Frese pleased after No. 8 Maryland stays unbeaten in ‘phenomenal game’ against No. 19 Michigan State
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CAPE CANAVERAL, Fla. (AP) — Known across the globe as the stuck astronauts, Butch Wilmore and Suni Williams hit the six-month mark in space Thursday with two more to go. The pair rocketed into orbit on June 5, the first to ride Boeing’s new Starliner crew capsule on what was supposed to be a weeklong test flight. They arrived at the International Space Station the next day, only after overcoming a cascade of thruster failures and helium leaks . NASA deemed the capsule too risky for a return flight, so it will be February before their long and trying mission comes to a close. While NASA managers bristle at calling them stuck or stranded, the two retired Navy captains shrug off the description of their plight. They insist they’re fine and accepting of their fate. Wilmore views it as a detour of sorts: “We’re just on a different path.” “I like everything about being up here,” Williams told students Wednesday from an elementary school named for her in Needham, Massachusetts, her hometown. "Just living in space is super fun.” Both astronauts have lived up there before so they quickly became full-fledged members of the crew, helping with science experiments and chores like fixing a broken toilet, vacuuming the air vents and watering the plants. Williams took over as station commander in September. “Mindset does go a long way,” Wilmore said in response to a question from Nashville first-graders in October. He’s from Mount Juliet, Tennessee. “I don’t look at these situations in life as being downers.” Boeing flew its Starliner capsule home empty in September, and NASA moved Wilmore and Williams to a SpaceX flight not due back until late February. Two other astronauts were bumped to make room and to keep to a six-month schedule for crew rotations. Like other station crews, Wilmore and Williams trained for spacewalks and any unexpected situations that might arise. “When the crews go up, they know they could be there for up to a year,” said NASA Associate Administrator Jim Free. NASA astronaut Frank Rubio found that out the hard way when the Russian Space Agency had to rush up a replacement capsule for him and two cosmonauts in 2023, pushing their six-month mission to just past a year. Boeing said this week that input from Wilmore and Williams has been “invaluable" in the ongoing inquiry of what went wrong. The company said in a statement that it is preparing for Starliner's next flight but declined comment on when it might launch again. NASA also has high praise for the pair. “Whether it was luck or whether it was selection, they were great folks to have for this mission,” NASA's chief health and medical officer, Dr. JD Polk, said during an interview with The Associated Press. On top of everything else, Williams, 59, has had to deal with “rumors,” as she calls them, of serious weight loss. She insists her weight is the same as it was on launch day, which Polk confirms. During Wednesday's student chat, Williams said she didn't have much of an appetite when she first arrived in space. But now she's “super hungry” and eating three meals a day plus snacks, while logging the required two hours of daily exercise. Williams, a distance runner, uses the space station treadmill to support races in her home state. She competed in Cape Cod’s 7-mile Falmouth Road Race in August. She ran the 2007 Boston Marathon up there as well. She has a New England Patriots shirt with her for game days, as well as a Red Sox spring training shirt. “Hopefully I’ll be home before that happens -- but you never know,” she said in November. Husband Michael Williams, a retired federal marshal and former Navy aviator, is caring for their dogs back home in Houston. As for Wilmore, 61, he's missing his younger daughter's senior year in high school and his older daughter's theater productions in college. “We can’t deny that being unexpectedly separated, especially during the holidays when the entire family gets together, brings increased yearnings to share the time and events together,” his wife, Deanna Wilmore, told the AP in a text this week. Her husband “has it worse than us” since he's confined to the space station and can only connect via video for short periods. “We are certainly looking forward to February!!” she wrote. The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.
NoneFrese pleased after No. 8 Maryland stays unbeaten in 'phenomenal game' against No. 19 Michigan StateNone
The Social Good Conferences Celebrates 2024 Success And Calls For Speakers For 2025Part of the reason we started a Cannabis Industry team at a Southeastern-based law firm before any Southeastern state had adopted a marijuana program was because we had a hunch that the expansion of cannabis would eventually make its way to our neck of the woods. And we guess it was just kind of a slow day around the office. It turns out that our hunch – which even we are modest enough to admit was pretty much obvious and inevitable – turned out to be true. In the last seven years, there has been an explosion of cannabis activity and controversy in the Southeast. From marijuana in various forms to hemp and all of its iterations, the Southeast has been playing catchup with the rest of the country and in doing so is experiencing the progression of cannabis reform at an accelerated pace with the benefit of seeing the experiences of earlier cannabis adopters. We aren’t alone in observing this phenomenon. Jessica Billingsley, for Rolling Stone , has written on the topic several times . Don’t get me wrong, we’re not so naïve as to think that states around the country aren’t also experiencing dramatic and dynamic debates and reforms about the cannabis industry. In fact, we’ve dedicated a great deal of time and effort to writing about those issues and how they reflect – or in some cases depart from – cannabis programs in other states. But the speed of reform efforts and their concentration in a specific portion of the country have made the Southeastern U.S. the – ok, at least a – current hotbed of cannabis activity. C’mon. What’s Happening in the Southeast That Makes It So Special? Aren’t You Just Writing This Because You Live There? Could You Be More Egocentric? Wow, that got a little weird and revealing there for a second but we’re back. For those who may not enjoy the privilege of calling the Southeastern U.S. home, here is a sampling of the cannabis activity currently taking place in the region: Florida’s Medical Marijuana Market Matures, but Voters Narrowly Rejected the Ballot Initiative for an Adult-Use Program; Hemp Program Survives by Governor’s Veto (for Now) Florida broke the seal on medical marijuana in the Southeast when it adopted a medical program in 2016. While the program has certainly had its hiccups, it has generally proven to be a popular program as it has matured over the years. On April 1, 2024, the Florida Supreme Court ruled that voters would decide whether Florida will become the 24 th state to legalize adult-use marijuana at the ballot boxes in November. The significant opposition that succeeded in keeping a similar initiative off the 2022 ballots evidently prevailed this year. The initiative came short of receiving the required 60% approval to pass with only about 56% of Florida voters voting in favor. On the hemp front, earlier this year we wrote that the Florida Legislature passed a bill that would limit the amount of THC in hemp-derived products and upend the novel cannabinoid industry in the state by banning delta-8 and delta-10 products. But in a surprising move described by Marijuana Moment as “somewhat contradictory,” conservative Gov. Ron DeSantis vetoed the legislation, even as he campaigns against adult-use marijuana. This being the South and a controversial issue involving potentially extraordinary amounts of money, there are strange bedfellows and innuendo : The governor of Florida is reportedly planning to veto a bill that would ban consumable hemp-derived cannabinoid products such as delta-8 THC, apparently because he’s hoping the hemp industry will help finance a campaign opposing a marijuana legalization initiative on the state’s November ballot. As Gov. Ron DeSantis (R) prepares to step up his push against the legalization measure, officials close to the governor... say he’s plotting to leverage the hemp industry’s economic interest in participating in the intoxicating cannabinoid market to convince people to vote against marijuana reform. Safe to same there’s more to come in the next couple of months for what has become the 5,000 lbs. gorilla in the Southeastern cannabis landscape. Arkansas’ Medical Program Booms While Adult Use and Hemp in Limbo During Court Battles Like Florida, Arkansas was one of the pioneers of bringing medical marijuana to the Southeast. Arkansans voted to approve a medical marijuana program in 2016 via Amendment 98, although the first legal sales did not occur until May 2019. The program eclipsed $1 billion in sales by late 2023, and as of August 2024, sales in 2024 exceeded $158.5 million. From all metrics, the program appears to be doing very well. And, while an effort to place on the November ballot an initiative that would have further expanded the program was stymied by the Arkansas Supreme Court just before the election, a ballot initiative in 2022 to create an adult-use program didn’t fail by an insurmountable margin, with 43.8% voting in favor. On the hemp front, all eyes are on the United States Court of Appeals for the Eighth Circuit. That court conducted oral arguments in the Sanders v. Bio Gen appeal on September 24, so a decision should be forthcoming. The trial court action was filed by hemp companies challenging an Arkansas law (known as Act 629) that the plaintiffs contended impermissibly outlawed hemp-derived consumable products in Arkansas. The appeal followed issuance of an injunction by U.S. District Judge Billy Roy Wilson blocking enforcement of Act 629. Mississippi Struggling to Reconcile Supply and Demand on the Marijuana Front; Unsettled Hemp Rules Mississippi surprised many observers when a statewide ballot initiative in 2020 went overwhelmingly in support of medical marijuana. After a couple of years of frustrating and largely obstructionist legal wrangling, Mississippi’s medical program is fully up and running now, going on almost two years. One of the most notable and unique aspects of Mississippi’s program is the absence of any limitations on the number of licenses available to operators. While there are components of the Mississippi laws and regulations governing the program that necessarily limit how many licenses can be issued (e.g., local government opt-outs and distance setback limitations) the program is struggling due in large part to an oversupply of product and not enough patients (as of November 21, 2024, the state reports 48,129 patients). Last legislative session, the Mississippi Legislature modified the state’s medical cannabis law in certain ways that were aimed to improve patient access hurdles, and more amendments are expected in the upcoming session. On the hemp front, Mississippi lacks any real legislative or regulatory guidance on the subject. Consequently, many in the state view the hemp-derived intoxicating products sold in gas stations and other retail stores as a real problem . Last legislative session, a bill (HB 1676) aimed to regulate intoxicating hemp products failed. Since then, state law enforcement has conducted raids and arrests of retail stores that sell products they believe are illegal under Mississippi law. Also, the Mississippi attorney general recently issued an opinion concluding that hemp-derived THC beverages could be illegal under Mississippi law. We wrote about that opinion here . The Mississippi legislature will almost assuredly revisit legislation governing these products next session while it also explores ways to amend the Medical Cannabis Act. Texas Low-THC Marijuana Program Continues as Fierce Debates Rage Over Hemp Texas passed the Texas Compassionate Use legislation in 2015, allowing certain qualified physicians to prescribe low THC products (max of 1% THC by weight) to patients having certain medical conditions. Currently, the state has only licensed three entities, all located in the central region of the state, as “dispensing organizations” to cultivate, process, and dispense low-THC cannabis. While the state has implied it may issue more licenses and a third-party consultant it hired recently recommended that it should, that has not yet occurred. The last application window closed on April 28, 2023. We, along with most everyone in the industry, is watching what Texas ends up doing with this program; everything is supposed to be bigger in Texas, and a real-deal medical cannabis program shouldn’t be any exception. The hemp world in Texas slightly resembles the one in Arkansas; it’s mired in litigation. Texas has a robust legal and regulatory program that governs hemp and consumable hemp products. That program operated for years without much interruption until the Texas Department of State Health Services (TDSHS) took action in 2020 and 2021 to restrict the sale of certain consumable hemp products. This culminated in the publication of an official statement online in October 2021 stating that Texas law only “allows Consumable Hemp Products in Texas that do not exceed 0.3% Delta-9 . . . THC [, and] [a]ll other forms of THC, including Delta-8 in any concentration and Delta-9 exceeding 0.3% are considered Schedule 1 controlled substances.” In response, a group of plaintiffs sued the TDSHS and its commissioner seeking to enjoin the “‘effectiveness going forward’ of the amendments to the terms ‘tetrahydrocannabinols; and ‘Marihuana extract’ in the Department’s 2021 Schedule of Controlled Substances.” The trial court granted the requested injunction, ordered the TSDHS to “remove from its currently published Schedule of Controlled Substances the most recent modifications” the subject definitions and any subsequent publications, and “enjoin[ed] the effectiveness going forward of the rule stated on [the Department’s] website that Delta-8 THC in any concentration is considered a Schedule 1 controlled substance.” The state appealed, the Austin Court of Appeals affirmed, and the matter now sits with the Texas Supreme Court. THC-infused beverages have also been a focus in Texas recently. As we wrote last month, the Texas Senate Committee on State Affairs held a hearing on October 17, 2024, to discuss how the state might soon regulate THC-infused beverages. That issue will most assuredly be addressed by the Texas legislature this next session. Louisiana Medical Program Expands Amidst Fight Over Scope of Hemp Program While Louisiana technically legalized medical marijuana in 1978 and passed several laws in the years that followed in that pursuit, the first products weren’t sold until 2019. The very limited license (only two authorized cultivators and processors) regime is now headed towards a bustling program. The number of dispensaries that can exist in Louisiana is currently capped at 30, but that number will only grow as the patient numbers increase in the regions identified throughout the state. Louisiana’s hemp program, which is governed by a well-developed regulatory regime, is also in a current state of uncertainty. During the 2024 legislative session, the Legislature amended the hemp laws to restrict where certain hemp-derived products can be sold and their potency. As in Arkansas and Texas, the hemp industry quickly responded with litigation. In that matter, Hemp Assoc. of La. v. Landry , No. 3:24-cv-00871, in the U.S. District Court for the Middle District of Louisiana, was filed on October 18, 2024. The plaintiffs alleged that the 2018 Farm Bill preempts the legislation and is unconstitutional on other grounds. The state disagreed and moved to dismiss, but on November 19, 2024, the state informed the court that it would stay the effective date of the new legislation so that the parties could fully brief the pending motions and the court could reach a decision. The motions are due to be fully briefed in the coming days. Georgia Trying to Get Its Act Together The Georgia Access to Medical Cannabis Commission describes the Georgia law as “much more limited than some other states.” The statute does little more than allow registered people to buy and possess low-THC oil from licensed dispensaries. This oil may contain CBD and up to 5% THC by weight. Only a select number of licensed producers can grow the cannabis that will eventually be turned into the allowed low-THC oil. As in many other states, the application and licensing process is quite strict . To obtain a registration card, prospective patients must have a qualifying condition or disease and be registered through their physician. Once a patient has their card, they can buy low-THC oil and possess 20 fluid ounces or less so long as they keep it in the manufacturer-labeled pharmaceutical packaging. On the hemp side, the Georgia Legislature recently passed SB 494, which Gov. Brian Kemp subsequently signed into law. This law introduces substantial changes to the hemp industry. The Georgia Department of Agriculture is in the process of drafting the corresponding and required agency rules. It appears that most hemp extracts like delta-8-THC, delta-10-THC, HHC, and other cannabinoids remain legal under Georgia law as “consumable hemp products.” Alabama Medical Marijuana Program on the Ropes While Hemp Flourishes Sigh... where do we even begin when it comes to medical marijuana in Alabama? There have been more twists and turns than a classic Iron Bowl. The Legislature approved a medical program in 2021, and recent court hearings suggest that we are potentially no further along after three years, with a possibility of the Legislature being forced to take action to modify (or end) the program. We have written extensively about the years of litigation and dysfunction that have plagued the Alabama medical marijuana program. In a nutshell, the cap on the number of licenses for various categories (cultivators, processors, dispensaries, etc.) has led to a scenario where applicants dissatisfied with the regulators’ decision to award licenses have sued on multiple occasions, and the regulators have either acceded to the demands or ended up in a court that has not acted quickly to impose order on the process. In the midst of this chaos, the Legislature had an opportunity to tweak the law but overwhelmingly chose not to do so . We’re choosing to take the optimistic view that the court system will be able to find a resolution to the years of litigation without putting the matter into the Legislature’s hands. We stress that view is very optimistic, but we should know more by the beginning of 2025. On a brighter note for cannabis advocates, hemp is growing strong in the state, benefiting largely from a relatively liberal regulatory regime. Although the Legislature considered a significant rollback of hemp sales during the last session, the only law passed was a statewide age-limit on products containing hemp. There have been recent reports of law enforcement activity related to hemp businesses being raided for selling unlawful products, but on the whole Alabama should be considered hemp-friendly for the moment. Tennessee Marijuana Reform Frustrated While Hemp Market Experiences Growth But Tighter Regulation For years we were astonished that Tennessee was not a huge marijuana (at least medical) spot, but years of hearing over and over from friends and colleagues in the state have finally convinced us of the political complexities at play. We, likely as most people, tend to view Tennessee as being dominated by Nashville, Memphis, Chattanooga, and other hemp-friendly areas of east Tennessee. If the decision was up to the citizens of those areas, Tennessee would likely have a well-established marijuana program. But, as it turns out, Tennessee is a big state with widely varying views on all ranges of social issues, including marijuana. For that reason, marijuana proposals have had little success in the largely conservative state Legislature. We still think Tennessee could be a monster player with the right program in place, but we’d be lying if we predicted that was imminent. On the hemp side, Tennessee was an early adopter, and its hemp industry blossomed for years under a hands-off regulatory regime. In May 2023, Tennessee enacted T.C.A. § 43-27-201 , which is an industry-friendly statutory framework for products containing hemp-derived cannabinoids like delta-8 and delta-10 THC. The statute delegated rulemaking authority to the Tennessee Department of Agriculture (TDA) to flesh out its requirements. That is where the trouble began. In December 2023, TDA published emergency rules that largely aligned with T.C.A. § 43-27-201 with respect to its licensing and labeling requirements, leaving those operators that focus on edible hemp-derived cannabinoid products pleased. But the rules contained a bombshell: specifically, the requirement that hemp contain 0.3% or less total THC , which includes both delta-9 THC and THCA. The TDA maintained this total THC standard in the permanent rules it promulgated in September 2024. The TDA’s total THC requirement is at odds with Tennessee’s hemp statute , which defines hemp as cannabis containing 0.3% or less delta-9 THC (with no mention of THCA). In reliance on this statutory scheme, many Tennessee hemp companies that focus on psychoactive products have made high-THCA smokable products a large part of their offerings. The TDA’s new rules, which go into effect on December 26, 2024, pose a grave danger to those operators. Industry groups, including the Tennessee Growers Coalition , are preparing for war to prevent these new rules from going into effect. Stay tuned to Budding Trends for updates on the lawsuits against the TDA that are coming down the pike. Kentucky Begins Medical Marijuana Program and Remains Hemp Stalwart The OG of hemp, with the help of its powerful Sen. Mitch McConnell, Kentucky has an outsized responsibility for passage of the two most recent farm bills that have led to the explosion of the hemp industry. Kentucky’s hemp program remains strong, and many of its Congressional delegation represent a bulwark against efforts to severely limit the availability of hemp products. Kentucky’s medical cannabis program is just now off to the races. Licenses are currently being awarded and industry observers are carefully watching the Bluegrass State’s progress as the program gets off the ground. Nothing to Show Yet, But South Carolina Begins to Show Signs of Life in Cannabis Reform Efforts Ah, South Carolina. Its siren song has tempted cannabis advocates for years with its diversity – political, geographical, geological, and otherwise. But to date, nada. We’ve written about the fits and starts with the South Carolina Compassionate Care Act in the past few years. The Legislature has not enacted the law as of yet, but we are keeping our eyes on it during the next legislative session. On the hemp side, coming from a state that has famously been near the back of the line on cannabis liberalization, we’ll admit that we were surprised to read a recent letter from the solicitor general of South Carolina stating that, as a general rule, hemp beverages containing less than .3% delta-9 THC on a dry-weight basis are legal. We suspect that will be a topic of discussion at the next legislative session. North Carolina Not Quite there on Marijuana , Stalled on Hemp North Carolina is going to be a monster marijuana jurisdiction, but like Tennessee, the geopolitical makeup of the state has restrained cannabis liberalization to date. Maybe we should have known better than to predict that the Tar Heel State was going to take action on marijuana legislation in an election year in which the speaker of the N.C. House, Tim Moore (R), is running for an open U.S. Congress seat. Passing a marijuana legalization bill was not going to be a political priority and could have given political adversaries an opportunity to paint supporters as soft on crime, even if a majority of the state’s electorate does support some kind of legalization. For its part, the state Senate passed yet another medical marijuana and hemp regulation bill, House Bill 563, though one of the most restrictive in the country, only to see it stall in the hose. As in years past, Moore has not allowed the House to take a vote on a bill and has cited his “majority of the majority” policy and lack of Republican support in the House as a basis for refusing to bring the Senate bill to the House floor for a vote. It’s likely not going to move anytime soon, but what’s in HB 563? Half the bill is dedicated to the regulation of hemp, while the second half – the North Carolina Compassionate Care Act – opens the door to legalizing medicinal marijuana. On the medicinal marijuana side, the bill creates a state commission to oversee the distribution of medical marijuana and regulate which medical conditions are eligible for treatment. It also outlines the process for patients to obtain medical cannabis cards, creating restrictions on where cannabis can be smoked, and requires physicians to write prescriptions for patients to use medical cannabis. Some Senate Republicans expressed concern that legalization of medicinal marijuana was a fast and slippery slope towards legalizing recreational marijuana. To alleviate that concern, an amendment was adopted that clarified that recreational use would remain illegal in North Carolina even if the federal government reclassified or legalized marijuana nationwide. On the hemp regulation side, HB 563 would require all hemp product manufacturers and distributors to be licensed. In addition, there are new safety and testing standards, marketing and label restrictions, and more strict product regulations on the amount of cannabinoids that can be included in ingestible or inhalable products. Politically, it makes sense for supporters of medical marijuana to tie its fate to hemp regulation. Hemp regulation has broad bipartisan support and would likely pass both chambers if presented as a standalone bill. By linking hemp regulation to the Compassionate Care Act, medical marijuana supporters are daring their House and Senate colleagues to vote against hemp regulation. For the time being, that leaves the hemp industry with the uncertainty, and opportunity, of North Carolina continuing to have very limited regulations for the industry. Why Is the Southeast Experiencing Such Explosive, Concentrated Cannabis Activity? Part of the reason for the accelerated pace of developments of cannabis reform in the Southeast is precisely because the Southeast started cannabis programs later than other parts of the country. As a result, Southeastern cannabis efforts are, on the whole, not as mature as markets in other states. There are examples from other states that legislatures and regulators can look to for how other states in recent years have addressed the issues just now facing Southeastern states. There is a great scene in the movie Major League where Willie Mays Hayes, played by the wonderful Wesley Snipes, is removed from the Cleveland (then) Indians’ baseball spring training while he sleeps in bed because there is no record of anyone by that name being invited to spring training (because he wasn’t invited). When Willie wakes up in the morning to the sound of potential Indians running sprints, Willie jumps out of bed in his pajamas and starts running, eventually finding himself running between two uniformed players. Because of his remarkable speed (“I hit like Mays, and I run like Hayes”), Willie explodes past the other two even though they had a head start. The manager Lou Brown, played sublimely by the delightful James Gammon, immediately says “[g]et him a uniform.” What the hell are we talking about? We think the Southeastern cannabis market is a little like Willie Mays Hayes. The market was late to the cannabis industry, but once it arrived it has the benefit of seeing the experiences of other states and, like Willie, has the benefit of hitting the ground running. Separately, the issue of cannabis reform is ripe for political battles in the Southeast. The region is certain not as socially progressive on most issues like cannabis. After all, in this part of the country there are still knock-down, drag-out fights about whether to allow the sale of beer before noon on Sundays. But the region is proving to be more progressive than many would have thought, in part perhaps because people around these parts have heard anecdotal reports about friends and family who have used cannabis products safely and perhaps in part because we have seen that cannabis liberalization in other parts of the country has not led to the type of Reefer Madness scenarios long feared. So, What’s Next? As with most trends, the rapid expansion of cannabis activity mirrors – and is in many ways a microcosm – of the policies, setbacks, and successes experienced across America. If we were certain what the future holds for cannabis in the Southeastern United States, we would be sitting on an island somewhere instead of writing blog posts. That said, we expect (1) clear, if not sometimes frustratingly paced expansion of medical cannabis across the region; (2) an expansion of qualifying medical conditions and form factors; (3) an eventual tipping point in the direction of adult-use programs; and (4) hemp continuing to see strong sales unless the federal or state governments enact laws to thwart that growth. At the conclusion of the wonderful Ken Burns’ epic documentary on country music, the great Marty Stuart says the following about the genre: Country music has something for everybody, and it’s inside the song, it’s inside the characters. It’s really colorful in here. I invite you in. Cannabis in the Southeastern United States has something for everybody, and maybe not enough for some people. And we certainly have colorful characters making some of the important decisions about the future of cannabis policy in our little corner of the world. We see this area as one of massive potential growth, particularly with the help of the right people. We invite you in. Listen to this PostBy Stephen Collinson, CNN (CNN) — Former President Jimmy Carter, a Georgia peanut farmer who vowed to restore morality and truth to politics after an era of White House scandal and who redefined post-presidential service, died Sunday at the age of 100. The Carter Center said the 39th president died in Plains, Georgia, surrounded by his family. Carter, a Democrat, served a single term from 1977 to 1981, losing a reelection bid to Ronald Reagan. Despite his notable achievements as a peacemaker, Carter’s presidency is largely remembered as an unfulfilled four years shaken by blows to America’s economy and standing overseas. His most enduring legacy, though, might be as a globetrotting elder statesman and human rights pioneer during an indefatigable 43-year “retirement.” Carter became the oldest living former president when he surpassed the record held by the late George H.W. Bush in March 2019. This is a developing story and will be updated. The-CNN-Wire TM & © 2024 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
Total Revenues of $699.2M , up 13% Year Over Year Subscription Services Revenues of $580.9M , up 17% Year Over Year PLEASANTON, Calif. , Dec. 5, 2024 /PRNewswire/ -- Veeva Systems Inc. (NYSE: VEEV), a leading provider of industry cloud solutions for the global life sciences industry, today announced results for its third quarter ended October 31, 2024. "It was a great quarter of innovation and excellent execution across the board," said CEO Peter Gassner . "Especially significant was the hard work for the long term. We deepened a number of large, highly strategic relationships and are set to deliver the next generation of CRM this month with Vault CRM Suite to connect sales, marketing, and medical – a first for the industry." Fiscal 2025 Third Quarter Results: "We delivered results ahead of guidance on all metrics, reflecting our operational discipline and the durability of our model," said CFO Brian Van Wagener . "With a clear product strategy, focused execution, and large market opportunity we are well positioned for strong growth and profitability for many years to come." Recent Highlights: Financial Outlook: Veeva is providing guidance for its fiscal fourth quarter ending January 31, 2025 as follows: Veeva is providing updated guidance for its fiscal year ending January 31, 2025 as follows: Conference Call Information Prepared remarks and an investor presentation providing additional information and analysis can be found on Veeva's investor relations website at ir.veeva.com . Veeva will host a Q&A conference call at 2:00 p.m. PT today, December 5, 2024, and a replay of the call will be available on Veeva's investor relations website. What: Veeva Systems Fiscal 2025 Third Quarter Results Conference Call When: Thursday, December 5, 2024 Time: 2:00 p.m. PT (5:00 p.m. ET) Online Registration: https://registrations.events/direct/Q4I86021395 Webcast: ir.veeva.com ___________ (1) The customer contracting change that standardized termination for convenience (TFC) rights in our master subscription agreements resulted in a change in the timing of revenue for certain customer contracts and reduced revenues, operating income and non-GAAP operating income, and net income and non-GAAP net income in the third quarter of fiscal 2024. (2) This press release uses non-GAAP financial metrics that are adjusted for the impact of various GAAP items. See the section titled "Non-GAAP Financial Measures" and the tables entitled "Reconciliation of GAAP to Non-GAAP Financial Measures" below for details. (3) Veeva is not able, at this time, to provide GAAP targets for operating income and fully diluted net income per share for the fourth fiscal quarter ending January 31, 2025 or the fiscal year ending January 31, 2025 because of the difficulty of estimating certain items excluded from non-GAAP operating income and non-GAAP fully diluted net income per share that cannot be reasonably predicted, such as charges related to stock-based compensation expense. The effect of these excluded items may be significant. About Veeva Systems Veeva is the global leader in cloud software for the life sciences industry. Committed to innovation, product excellence, and customer success, Veeva serves more than 1,000 customers, ranging from the world's largest pharmaceutical companies to emerging biotechs. As a Public Benefit Corporation, Veeva is committed to balancing the interests of all stakeholders, including customers, employees, shareholders and the industries it serves. For more information, visit veeva.com . Veeva uses its ir.veeva.com website as a means of disclosing material non-public information, announcing upcoming investor conferences, and for complying with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website in addition to following our press releases, SEC filings, and public conference calls and webcasts. Forward-looking Statements This release contains forward-looking statements regarding Veeva's expected future performance and, in particular, includes quotes from management and guidance, provided as of December 5, 2024, about Veeva's expected future financial results. Estimating guidance accurately for future periods is difficult. It involves assumptions and internal estimates that may prove to be incorrect and is based on plans that may change. Hence, there is a significant risk that actual results could differ materially from the guidance we have provided in this release and we have no obligation to update such guidance. There are also numerous risks that have the potential to negatively impact our financial performance, including issues related to the performance, availability, security, or privacy of our products, competitive factors, customer decisions and priorities, events that impact the life sciences industry, general macroeconomic and geopolitical events (including inflationary pressures, changes in interest rates, currency exchange fluctuations and impacts related to Russia's invasion of Ukraine and the Israel-Hamas conflict), and issues that impact our ability to hire, retain and adequately compensate talented employees. We have summarized what we believe are the principal risks to our business in a section titled "Summary of Risk Factors" on pages 36 and 37 in our filing on Form 10-Q for the period ended July 31, 2024 which you can find here . Additional details on the risks and uncertainties that may impact our business can be found in the same filing on Form 10-Q and in our subsequent SEC filings, which you can access at sec.gov . We recommend that you familiarize yourself with these risks and uncertainties before making an investment decision. Investor Relations Contact: Media Contact: Gunnar Hansen Maria Scurry Veeva Systems Inc. Veeva Systems Inc. 267-460-5839 781-366-7617 ir@veeva.com pr@veeva.com VEEVA SYSTEMS INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands) (Unaudited) October 31, 2024 January 31, 2024 Assets Current assets: Cash and cash equivalents $ 1,044,511 $ 703,487 Short-term investments 4,018,475 3,324,269 Accounts receivable, net 255,817 852,172 Unbilled accounts receivable 45,472 36,365 Prepaid expenses and other current assets 82,885 86,918 Total current assets 5,447,160 5,003,211 Property and equipment, net 55,695 58,532 Deferred costs, net 22,515 23,916 Lease right-of-use assets 60,325 45,602 Goodwill 439,877 439,877 Intangible assets, net 48,527 63,017 Deferred income taxes 322,652 233,463 Other long-term assets 56,102 43,302 Total assets $ 6,452,853 $ 5,910,920 Liabilities and stockholders ' equity Current liabilities: Accounts payable $ 31,845 $ 31,513 Accrued compensation and benefits 34,634 43,433 Accrued expenses and other current liabilities 30,906 32,980 Income tax payable 10,803 11,862 Deferred revenue 739,657 1,049,761 Lease liabilities 9,156 9,334 Total current liabilities 857,001 1,178,883 Deferred income taxes 475 2,052 Lease liabilities, noncurrent 62,545 46,441 Other long-term liabilities 31,429 38,720 Total liabilities 951,450 1,266,096 Stockholders' equity: Common stock 2 2 Additional paid-in capital 2,248,890 1,915,002 Accumulated other comprehensive loss (6,459) (10,637) Retained earnings 3,258,970 2,740,457 Total stockholders' equity 5,501,403 4,644,824 Total liabilities and stockholders ' equity $ 6,452,853 $ 5,910,920 VEEVA SYSTEMS INC. CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (In thousands, except per share data) (Unaudited) Three months ended October 31, Nine months ended October 31, 2024 2023 2024 2023 Revenues: Subscription services (4) $ 580,850 $ 494,912 $ 1,676,082 $ 1,380,095 Professional services and other (5) 118,357 121,593 349,651 352,960 Total revenues 699,207 616,505 2,025,733 1,733,055 Cost of revenues (6) : Cost of subscription services 82,638 74,435 239,577 213,179 Cost of professional services and other 91,751 93,247 279,068 290,184 Total cost of revenues 174,389 167,682 518,645 503,363 Gross profit 524,818 448,823 1,507,088 1,229,692 Operating expenses (6) : Research and development 172,411 161,278 511,551 465,466 Sales and marketing 98,695 96,773 297,524 282,269 General and administrative 72,359 62,283 195,001 187,887 Total operating expenses 343,465 320,334 1,004,076 935,622 Operating income 181,353 128,489 503,012 294,070 Other income, net 60,937 42,187 171,239 111,260 Income before income taxes 242,290 170,676 674,251 405,330 Income tax provision 56,482 35,518 155,738 27,023 Net income $ 185,808 $ 135,158 $ 518,513 $ 378,307 Net income per share: Basic $ 1.15 $ 0.84 $ 3.21 $ 2.36 Diluted $ 1.13 $ 0.83 $ 3.15 $ 2.32 Weighted-average shares used to compute net income per share: Basic 161,987 160,768 161,707 160,344 Diluted 164,979 163,761 164,838 163,129 Other comprehensive income: Net change in unrealized (loss) gain on available-for-sale investments $ (738) $ (2,637) $ 5,576 $ (6,100) Net change in cumulative foreign currency translation loss (146) (518) (1,398) (309) Comprehensive income $ 184,924 $ 132,003 $ 522,691 $ 371,898 (4) Includes subscription services revenues from the following product areas: Veeva Commercial Solutions $ 278,377 $ 251,167 $ 811,503 $ 733,921 Veeva R&D Solutions 302,473 243,745 864,579 646,174 Total subscription services $ 580,850 $ 494,912 $ 1,676,082 $ 1,380,095 (5) Includes professional services and other revenues from the following product areas: Veeva Commercial Solutions $ 45,855 $ 47,899 $ 139,695 $ 140,082 Veeva R&D Solutions 72,502 73,694 209,956 212,878 Total professional services and other $ 118,357 $ 121,593 $ 349,651 $ 352,960 (6) Includes stock-based compensation as follows:From Chimamanda Ngozi Adichie to Pope Francis: the books to look forward to in 2025
ORLANDO, Fla. — It was a season of Iowa State comebacks. And fittingly, that's how it ended for the Cyclones. Game MVP Rocco Becht scored from a yard out on fourth-and-goal with 56 seconds remaining and No. 18 Iowa State capped the best season in school history by rallying past No. 15 Miami 42-41 in the Pop-Tarts Bowl on Saturday. Becht finished with 270 passing yards and three touchdowns for Iowa State (11-2), a program that entered this season — the 133rd year of Cyclone football — never having won more than nine games in a year. “If you look at this team, it’s really who they’ve been all year,” coach Matt Campbell said. The win marked the fourth time in 2024 that Iowa State got a winning score with less than two minutes remaining. For this one, the Cyclones rallied from a 10-point deficit in the second half — with Miami quarterback Cam Ward watching after a record-setting first half — to get win No. 11. Carson Hansen rushed for a pair of touchdowns for Iowa State. People are also reading... And as the MVP, Becht got the honor of choosing which flavor Pop-Tart was to be sacrificed in a giant toaster. “There's only one,” Becht said. “Cinnamon roll.” Ward passed for three touchdowns in his final college game, while Damien Martinez rushed for a career-high 179 yards for Miami (10-3), which dropped its sixth straight bowl game and lost three of four games to end the season — those three losses by a combined 10 points. "Disappointed that we couldn't pull out a victory," Miami coach Mario Cristobal said. “These guys have always fought and always competed and this was no exception. ... It's painful. It's as painful as it gets when you don't win. But there's a lot to build on.” NEBRASKA 20, BOSTON COLLEGE 15: Dylan Raiola passed for 228 yards and a touchdown as Nebraska built an 18-point lead through three quarters and hung on for its first bowl victory since 2015. Raiola hit Emmett Johnson with a 13-yard TD pass on fourth down with 3:02 remaining in the third quarter for a 20-2 edge and the Cornhuskers (7-6) held on for the win at Yankee Stadium. Raiola completed 23 of 31 passes in front of a sizable Nebraska crowd that celebrated the team's first bowl win since topping UCLA in the 2015 Foster Farms Bowl and first winning season since 2016. Raiola completed passes to 10 receivers, including Jahmal Banks, who finished with four receptions for 79 yards. Grayson James finished 25 of 40 for 296 yards as Boston College (7-6). UCONN 27, NORTH CAROLINA 14: Joe Fagnano threw for 151 yards and two touchdowns to help the Huskies (9-4) beat the Tar Heels (6-7) at Fenway Park, embarrassing incoming coach Bill Belichick's new team in his old backyard. Mel Brown rushed for 96 yards for UConn and Skyler Bell caught three passes for 77 yards, including a 38-yard touchdown that gave the Huskies a 10-0 first-quarter lead. Chris Culliver returned the ensuing kickoff 95 yards for a touchdown, but that would be Carolina's only production in the first half. TCU 34, LOUISIANA 3: Josh Hoover passed for four touchdowns as the Horned Frogs (9-4) routed the Ragin' Cajuns (10-4) in Albuquerque. Hoover was 20 for 32 for 252 yards with an interception. Eric McAlister had eight catches for 87 yards and a TD for the Horned Frogs. TCU's defense also had a solid day, holding Louisiana-Lafayette to 209 yards, including 61 on the game's final possession. LATE FRIDAY LAS VEGAS BOWL USC 35, TEXAS A&M 31: Jayden Maiava threw a 7-yard touchdown pass to tight end Kyle Ford with eight seconds left to give Southern California the victory over Texas A&M (8-5) in the Las Vegas Bowl. A graduate of Liberty High School in nearby Henderson and a transfer from UNLV, Maiava helped the Trojans (7-6) overcome a 17-point deficit. Get local news delivered to your inbox!AI version of late mystic Baba Vanga makes startling 2025 predictions - and it's bad news for Trump and Starmer
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Actress Michelle Keegan has expressed her annoyance at the constant questioning about when she'll start a family, before finally announcing her pregnancy on Sunday night. Michelle and her husband Mark Wright, both 37, took to Instagram to share their joyous news with their followers. "2025 is going to be a special one for us... [baby emoji. love heart emoji]," read the caption of a post that featured a picture of Michelle tenderly cradling her baby bump on a beach, with Mark looking on. The couple, who got hitched in 2015, have been under pressure to start a family for nearly a decade now, with the pressure coming from both fans and their loved ones. Last year, Michelle highlighted that she's the one who gets asked, attributing it to gender bias. The pair, who frequently post pictures with their nieces and nephews on social media, had inadvertently sparked speculation among fans eager for them to have their own children prior to Sunday's announcement. Michelle was reportedly livid over the intrusive questions at the time. Speaking previously to the Mirror, Michelle confessed the scrutiny got to her. "It's horrible. People don't know if we're trying. They don't know the background of what's happening. In this day and age, you shouldn't be asking questions like that," she stated. "I'm asked purely because I'm a woman. I'm immune to it now – it's like a reaction, and as soon as I hear it I brush it off as it's no one else's business," reports the Mirror . Michelle and Mark received an overwhelming number of unsolicited comments about when they will start a family after posting a touching photo in April 2023, holding their prematurely born nephew, Dustin Wright. Fans couldn’t help but ask the couple when they would have kids of their own, with one particularly brazen follower urging on Instagram: "Come on you two, pull your fingers out. It's time now." They were reportedly quite upset by these remarks; Michelle felt "furious" and "incredibly angry". She had previously expressed her desire to have a big family in a 2018 Women's Health interview, saying: "I've always been broody. I love kids, and I want four, so hopefully in the near future." Meanwhile, Mark had shared with The Sun his own take on becoming a parent, stating: "We say we're going to try [for a baby] every year but something comes up with work. So it'll be Michelle filming in South Africa and then I got the job in Los Angeles – so we think, right, we'll try next year. With kids, I used to want three or four. But now, I'm 31, we're not having kids any time before 32. I think we could have two or three. Twins would be great because you're getting two out of the way at once." Mark and Michelle, the love-struck pair, initially met while on individual holidays in Dubai at the close of 2012. They went public with their romance a month later at the 2013 National Television Awards, instantly becoming a celebrity power couple. A mere nine months after confirming their relationship, the duo revisited Dubai, where an enamoured Mark popped the question and Michelle happily accepted.Check out Nigerian banking sector's 10 biggest trends of 2024ORLANDO, Fla. — It was a season of Iowa State comebacks. And fittingly, that's how it ended for the Cyclones. Game MVP Rocco Becht scored from a yard out on fourth-and-goal with 56 seconds remaining and No. 18 Iowa State capped the best season in school history by rallying past No. 15 Miami 42-41 in the Pop-Tarts Bowl on Saturday. Becht finished with 270 passing yards and three touchdowns for Iowa State (11-2), a program that entered this season — the 133rd year of Cyclone football — never having won more than nine games in a year. “If you look at this team, it’s really who they’ve been all year,” coach Matt Campbell said. The win marked the fourth time in 2024 that Iowa State got a winning score with less than two minutes remaining. For this one, the Cyclones rallied from a 10-point deficit in the second half — with Miami quarterback Cam Ward watching after a record-setting first half — to get win No. 11. Carson Hansen rushed for a pair of touchdowns for Iowa State. People are also reading... Beatrice house suffers severe damage from Christmas fire Is John Dutton real? Meet the powerful rancher seemingly inspiring the 'Yellowstone' legend Beatrice church starts construction on fellowship hall At the courthouse, Dec. 21, 2024 City employee retires after 47 years Gage County supervisors vote down FOP contract offer Former Beatrice man sentenced for sex assault of runaway Two faces charges in January vehicle thefts Beatrice's Schroeder wins at Junior Angus show Downtown Beatrice festive for the holidays BPD and Yellow Cab want to provide a safe ride What’s open and closed on Christmas Eve and Christmas Day 2024? Beatrice man pleads guilty to receiving child sex abuse images Restored Palmer-Epard Cabin reopens to the public at Homestead At the courthouse, Dec. 28, 2024 And as the MVP, Becht got the honor of choosing which flavor Pop-Tart was to be sacrificed in a giant toaster. “There's only one,” Becht said. “Cinnamon roll.” Ward passed for three touchdowns in his final college game, while Damien Martinez rushed for a career-high 179 yards for Miami (10-3), which dropped its sixth straight bowl game and lost three of four games to end the season — those three losses by a combined 10 points. "Disappointed that we couldn't pull out a victory," Miami coach Mario Cristobal said. “These guys have always fought and always competed and this was no exception. ... It's painful. It's as painful as it gets when you don't win. But there's a lot to build on.” NEBRASKA 20, BOSTON COLLEGE 15: Dylan Raiola passed for 228 yards and a touchdown as Nebraska built an 18-point lead through three quarters and hung on for its first bowl victory since 2015. Raiola hit Emmett Johnson with a 13-yard TD pass on fourth down with 3:02 remaining in the third quarter for a 20-2 edge and the Cornhuskers (7-6) held on for the win at Yankee Stadium. Raiola completed 23 of 31 passes in front of a sizable Nebraska crowd that celebrated the team's first bowl win since topping UCLA in the 2015 Foster Farms Bowl and first winning season since 2016. Raiola completed passes to 10 receivers, including Jahmal Banks, who finished with four receptions for 79 yards. Grayson James finished 25 of 40 for 296 yards as Boston College (7-6). UCONN 27, NORTH CAROLINA 14: Joe Fagnano threw for 151 yards and two touchdowns to help the Huskies (9-4) beat the Tar Heels (6-7) at Fenway Park, embarrassing incoming coach Bill Belichick's new team in his old backyard. Mel Brown rushed for 96 yards for UConn and Skyler Bell caught three passes for 77 yards, including a 38-yard touchdown that gave the Huskies a 10-0 first-quarter lead. Chris Culliver returned the ensuing kickoff 95 yards for a touchdown, but that would be Carolina's only production in the first half. TCU 34, LOUISIANA 3: Josh Hoover passed for four touchdowns as the Horned Frogs (9-4) routed the Ragin' Cajuns (10-4) in Albuquerque. Hoover was 20 for 32 for 252 yards with an interception. Eric McAlister had eight catches for 87 yards and a TD for the Horned Frogs. TCU's defense also had a solid day, holding Louisiana-Lafayette to 209 yards, including 61 on the game's final possession. LATE FRIDAY LAS VEGAS BOWL USC 35, TEXAS A&M 31: Jayden Maiava threw a 7-yard touchdown pass to tight end Kyle Ford with eight seconds left to give Southern California the victory over Texas A&M (8-5) in the Las Vegas Bowl. A graduate of Liberty High School in nearby Henderson and a transfer from UNLV, Maiava helped the Trojans (7-6) overcome a 17-point deficit. Get local news delivered to your inbox!
Best Bets for NCAA Basketball Picks Against the Spread for Friday, November 22
Jimmy Carter, a one-term president who became a globe-trotting elder statesman, dies at 100 | CNNLeo natives can expect a fulfilling day filled with confidence and success. Whether it’s academic achievements, professional progress, or a vibrant social life, the stars favor you. Joy and enthusiasm will drive your actions, making the day productive and enjoyable. Love and Relationship: Relationships blossom under today’s energies. If you’re in a relationship, your partner’s understanding and warmth will bring comfort and joy. Singles may find themselves catching the attention of someone special during a social event. Family interactions will be pleasant, and old disputes, if any, might find resolution. Education and Career: For students, this is an excellent day to meet educational goals. You’ll feel motivated and focused, which will enhance your performance. Working professionals will handle their responsibilities with ease, potentially gaining recognition or a promotion. Entrepreneurs may embark on journeys to expand their business networks. Money and Finance: Financially, the day is stable. You might experience moderate gains, particularly if you’ve been working on long-term investments or deals. Avoid impulsive purchases and focus on savings to secure your future. Health and Well-being: Your physical and mental health will be in good shape. The positivity you feel will translate into increased energy levels and a desire to be active. To sustain this vitality, continue practicing healthy habits and engaging in physical activities that you enjoy. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .The high school football recruiting process is grueling — and more nuanced than most know. With another season on the gridiron under wraps, a new wave of recruits will move on to play at the next level, including quarterback Aiden Brown of Kalama and quarterback Elijah Andersen of Woodland, both of whom have committed to Idaho State University. Others like Matt Andersen — father to Elijah and an assistant coach at Woodland High School — and Kelso head coach Steve Amrine have experience through playing and coaching at the next level. Matt Andersen attended Willamette University in Salem where he played during his undergraduate. Amrine has coaching experience at Idaho State, Feather River College, Central Washington University and Eastern Washington. The four answered The Daily News questions about the ins and outs of the recruitment process to help other players down the line. Q: When should you start marketing yourself to recruiters? Aiden Brown: "After my sophomore season, I started messaging like, almost every coach around, like, sending out DMs and stuff on Twitter ... A lot of recruiting is done through Twitter, so I would message coaches on there like all the time." Matt Andersen: "That starts in your junior year ... The way it started for us was getting (Elijah) on Twitter with sort of a football-centric account, and then you basically start putting together highlight videos that you've got from the season or from the various weeks in the season as it goes along." Q: How did you make highlight tapes? Elijah Andersen: "(I'd) figure out which which film makes me look the best, and pick those ones, and then make a tape and send it out to the coaches ... It was mainly every three weeks we would try to make a video." Aiden Brown: "After my sophomore year, I just made a highlight tape with all my best stuff ... I had a Twitter already out there, so I kind of put together a specific message that I would send to almost every coach and that would highlight what my (40-yard dash) time was, what my stats were, measurables like in the weight room ..." Recruitment terms Hudl – An online tool created by Agile Sports Technologies, INC. for capturing game film to easily analyze plays and players with live streaming abilities. It was initially used for collegiate and professional football teams, but has since been the standard for capturing and sharing game film. Power 4 Conference – The four major or "power" conferences in college football, which comprises The Big Ten Conference, the Big 12 Conference, the Southeastern Conference (SEC) and the Atlantic Coast Conference (ACC). It was previously called the Power 5 before the unraveling of the Pac-12 Conference. FBS vs FCS – Football Bowl Subdivision is the highest level of NCAA football. The FBS programs outnumber Football Championship Subdivision schools by student population and financially as FBS programs allow up to 85 scholarship positions. FCS allows just 63. Q: How many teams did you send film to? Aiden Brown: "Probably hundreds of different schools that I've messaged." Elijah Andersen: "I've been in contact with about 10 teams here and there. We'd talk and then kind of die out, but I would probably say 20 to 25 teams." Q: What is the most important time in the recruiting process? Aiden Brown: "A lot of offers, especially early offers, go out after your junior year before your senior season. So having a good junior year really puts you on the map. And if you don't have it before your senior year, at least coaches know about you because you had a good junior year, and then if you have an even better senior year, then that puts you in an even better spot." Matt Andersen: "The end of the season, you make your junior-year highlight film, which is your most important one, because that's what kind of starts the process at the end of your season. Once everyone's done playing, the college coaches go to full recruiting mode, no more coaching going on. That's when they really started looking at most juniors." Q: How important is X (formerly Twitter) to your recruitment? Aiden Brown: "It's kind of everything for these recruits nowadays. If you're not on Twitter, unless you're just some crazy athlete, you're not going to get recruited. Like I have probably 400 Twitter posts just promoting myself, like, every week, probably posting a new post just to promote myself, whether that's like me in the weight room benching, or me on the field throwing the ball, or like stuff like. I keep (tagging) coaches, and you build the following of different coaches, and then over time, they continue to watch." Matt Andersen: "You tag them in your Twitter. The thing is 100% Twitter. You send an email with your phone to somebody, those guys — I don't think those coaches ever read their emails. It's 100% you tag them on a Twitter video, and then you pop up on (their) Twitter, and then they'll contact you through a Twitter DM." Q: How do you advertise yourself? Elijah Andersen: "I think you just you really got to look and kind of think about videos that you know look best ... think about what the coaches want to see, not necessarily if it's a big touchdown ...(it's) filling in on the run, because they like to see that, too. So just trying to figure out what the coaches want." Matt Andersen: "You make a huddle video, and the emphasis ... It needs to be super short — needs to highlight your explosiveness or speed, decision making ... The main thing is to get them (head, position and assistant coaches) to know your name, get yourself in front of them." Q: How do you find the best fit for you? Aiden Brown: "It was really what coaches I felt built the best connection with me ... because I wanted to go somewhere where I felt really comfortable with the coaches and felt like I was going to be around good people." Elijah Andersen: "I like the relationship I have with the coach ... They want the best for their players. That's one of the things I was really impressed by, and just how much support the team has from their community is too." Steve Amrine: "No. 1, does it have what you want to do academically, or is it going to lead to what you want to do academically? Your career is only one play away, right? Is it a good fit for you academically? Then start to look at the history of those coaches and then talk to their student athletes when they're on campus, because coaches will tell you anything you want to hear. But the best recruiters and the best place to get knowledge is from kids that are on that team or at that school. And then, you know, do I have a chance to play?" Q: What can coaches do to help the process? Matt Andersen: "Promote your kid on Twitter. If a kid has a good game, say stuff on Twitter ... Tag those coaches. The (Hudl) video is a big one, you know, really help them make a nice, tight, two-minute video that really showcases explosiveness, speed, you know, good hands, stuff like that. The big one is to keep them credible. And you know, only promote kids that deserve it. You want to support the kids, but you're not being supportive if you promote a kid to Washington State that's not good enough to play there, it's not doing anything for them, right? So the main thing is, like, maintain your credibility with coaches in promoting kids to the appropriate level." Steve Amrine: "The football world is a pretty small world, and I spent 16 years at the college level, so I still am tied with guys I've either worked with or know somebody that works with; just getting the name out, making sure the kids are in the clearing house — their grades are taken care of and making sure they're getting stuff out." Check out more coverage at x.com/ Andrew_Lwowski. Get local news delivered to your inbox!
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Applied Therapeutics, Inc. ( NASDAQ:APLT – Get Free Report ) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 18,150,000 shares, an increase of 28.0% from the November 30th total of 14,180,000 shares. Based on an average daily volume of 5,110,000 shares, the short-interest ratio is presently 3.6 days. Analyst Upgrades and Downgrades APLT has been the topic of a number of recent analyst reports. Leerink Partners lifted their price objective on Applied Therapeutics from $11.00 to $14.00 and gave the stock an “outperform” rating in a research report on Thursday, September 19th. Citigroup reduced their price objective on shares of Applied Therapeutics from $13.00 to $8.00 and set a “buy” rating on the stock in a research report on Friday, November 29th. Royal Bank of Canada dropped their target price on shares of Applied Therapeutics from $4.00 to $1.50 and set a “sector perform” rating for the company in a research report on Friday, December 20th. UBS Group reaffirmed a “neutral” rating and set a $2.00 target price (down previously from $13.00) on shares of Applied Therapeutics in a research note on Monday, December 2nd. Finally, William Blair lowered shares of Applied Therapeutics from an “outperform” rating to a “market perform” rating in a research note on Monday, December 23rd. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $6.10. View Our Latest Analysis on APLT Applied Therapeutics Trading Down 3.8 % Institutional Investors Weigh In On Applied Therapeutics Hedge funds have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its stake in Applied Therapeutics by 165.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 735,217 shares of the company’s stock worth $6,249,000 after acquiring an additional 457,940 shares in the last quarter. Janus Henderson Group PLC boosted its stake in Applied Therapeutics by 37.8% during the third quarter. Janus Henderson Group PLC now owns 10,541,528 shares of the company’s stock worth $89,656,000 after acquiring an additional 2,893,323 shares in the last quarter. The Manufacturers Life Insurance Company boosted its stake in Applied Therapeutics by 236.0% during the third quarter. The Manufacturers Life Insurance Company now owns 123,725 shares of the company’s stock worth $1,052,000 after acquiring an additional 86,901 shares in the last quarter. State Street Corp boosted its stake in Applied Therapeutics by 123.1% during the third quarter. State Street Corp now owns 3,694,607 shares of the company’s stock worth $31,404,000 after acquiring an additional 2,038,724 shares in the last quarter. Finally, Ally Bridge Group NY LLC bought a new stake in Applied Therapeutics during the third quarter worth about $5,256,000. Institutional investors own 98.31% of the company’s stock. About Applied Therapeutics ( Get Free Report ) Applied Therapeutics, Inc, a clinical-stage biopharmaceutical company, engages in the development of a pipeline of novel product candidates against validated molecular targets in indications of high unmet medical need in the United States. The company's lead product candidate is AT-007 (also called govorestat) that has completed phase 3 for the treatment of galactosemia in healthy volunteers and adults, in pediatric clinical study for the treatment of galactosemia in kids, for treating enzyme sorbitol dehydrogenase, and for the treatment of phosphomannomutase enzyme-CDG. See Also Receive News & Ratings for Applied Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter .Enzo Maresca hails Moises Caicedo as Chelsea boss makes bold Declan Rice and Rodri comparison