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Democrats maintain trifecta, yet Republicans hopeful for 2025
Dallas (5-8) at Carolina (3-10) Sunday, 1 p.m. EST, FOX. BetMGM Odds: Panthers by 3. Against the spread: Cowboys 4-9, Panthers 6-7. Series record: Cowboys lead 11-3. Last meeting: Cowboys beat Panthers 33-10 on Nov. 19, 2023 in Carolina. Last week: Cowboys lost to Bengals 27-20; Panthers lost to Eagles 22-16. Cowboys offense: overall (20), rush (28), pass (11), scoring (21) Cowboys defense: overall (25), rush (30), pass (22), scoring (31) Panthers offense: overall (30), rush (22), pass (27), scoring (28) Panthers defense: overall (31), rush (32), pass (12), scoring (32) Turnover differential: Cowboys minus-8; Panthers minus-5. Panthers edge rusher Micah Parsons vs. Panthers offensive line. Parsons seems to be getting better as the season progresses and will be a tough matchup for Carolina's offensive line regardless of where he lines up. Parsons has 3 1/2 sacks over his past three games. WR Adam Thielen. The veteran wide receiver was Bryce Young's favorite option last season and is finally developing into that again this season after battling back from a hamstring injury that left him on injured reserve. Thielen has 17 catches on 21 targets for 201 yards and a touchdown over the past two games. When the Panthers need a first down on fourth down, the pass is almost always going to Thielen. Cowboys RB Rico Dowdle vs. NFL's worst run defense. Dowdle has had the first two 100-yard outings of his career the past two weeks, resetting his career best both times. The undrafted fifth-year player on an expiring contract had 131 yards in the loss to the Bengals. Since taking over as the lead back at the start of November, Dowdle is averaging 16 carries and 81 yards with a touchdown rushing and another receiving. On Sunday, he will face the league’s 32nd-ranked run defense. Carolina allowed Philadelphia’s Saquon Barkley to run for 124 yards last week and Tampa Bay’s Bucky Irving to run for a career-high 152 yards the week before that. The Panthers are allowing more than 170 yards per game on the ground and 4.97 yards per carry. Cowboys LB DeMarvion Overshown was set for season-ending surgery on the right knee he injured in the fourth quarter of the loss to the Bengals. The second-year player from Texas missed all of his rookie season after tearing a ligament in his left knee in a preseason game. ... DE DeMarcus Lawrence, who hasn’t played since Week 4, is close to returning from a foot injury. With the playoff hopes all but gone, the question remains whether to press the 32-year-old into action. Lawrence is on an expiring contract. ... Rookie C Cooper Beebe sustained a concussion against Cincinnati.. ... The Panthers are hoping to get WR Jalen Coker back on the field this week after he has missed the past three games with a quad injury. ... Also, No. 1 CB Jaycee Horn has been playing with a groin injury, and that could be problematic against CeeDee Lamb. The Cowboys are 7-2 against the Panthers since losing a wild-card game at Carolina 29-10 during the 2003 season, the first of Pro Football Hall of Fame coach Bill Parcells’ four years leading Dallas. The Cowboys are 4-2 on the road this season, including victories over playoff contenders Pittsburgh and Washington. ... QB Cooper Rush is 2-3 filling in for Dak Prescott, who is out for the season after surgery for a torn hamstring. Assuming Rush starts, this will be his longest stint as Prescott’s replacement. He went 4-1 in 2022 after Prescott broke the thumb on his throwing hand in the opener. ... Dowdle’s 7.3-yard average per carry on 18 attempts against the Bengals was the highest for a Dallas back since Ezekiel Elliott averaged 7.9 per carry at Philadelphia in 2018. ... WR CeeDee Lamb has just one 100-yard receiving game this season after finishing with eight in his breakout 2023 All-Pro season. But Lamb has five other games with at least 89 yards. He has reached 1,000 scrimmage yards in each of his first five seasons, the fifth receiver to do that. ... S Malik Hooker’s interception of Joe Burrow was his second of the season. He has seven interceptions in his four Dallas seasons. He also had seven in four years with Indianapolis, where he spent four injury-filled years as a 2017 first-round draft pick. ... The Panthers have endured six straight seasons with at least 10 losses. ... Carolina’s past five games have come down to the last possession. ... Panthers 1,000-yard RB Chuba Hubbard needs one rushing touchdown to pass Stephen Davis for fifth in team history. He is also 9 rushing yards away from reaching 3,000 for his career. ... Rookie WR Xavier Legette had three drops last week vs. the Eagles, including one for a potential go-ahead score in the final minute. ... OLB Jadeveon Clowney is tied for 11th in sacks among active NFL players. ... The Panthers have 15 sacks in the past four games. Carolina’s improved pass rush has coincided with OLB D.J. Wonnum getting on the field after missing the first nine games of the season on injured reserve. Chuba Hubbard is expected to see the overwhelming majority of carries for the Panthers, who are now thin at the position. Miles Sanders and Jonathon Brooks are on injured reserve and Raheem Blackshear is working through a chest injury. That leaves Mike Boone as the Hubbard's backup. NFL: https://apnews.com/hub/nfl Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Samsung Electronics headquarters in Seocho District (Image courtesy of Yonhap) SEOUL, Dec. 30 (Korea Bizwire) — Samsung Group, South Korea’s largest conglomerate, has seen its market capitalization plummet by over 160 trillion won this year, marking a significant contraction in its dominance on the domestic stock market. As of December 26, the total market value of Samsung’s 22 listed companies, including Samsung Electronics, Samsung Biologics, and Samsung Life Insurance, stood at 548.4 trillion won, a sharp decline from 709.7 trillion won at the end of 2023. This represents a 22.7% drop, according to financial data provider Yonhap Infomax. Declining Share in the Stock Market Samsung Group’s share of the South Korean stock market has dropped to 27.57%, down from a peak of over 38% in early 2021. The figure is now at its lowest since 2016 when Samsung Biologics joined the KOSPI index. The primary driver of this decline is Samsung Electronics, the group’s flagship company, whose stock has fallen by 31.71% this year. Additional declines were seen in other key affiliates, including Samsung SDI (-47.66%), Samsung Engineering (-42.68%), and Hotel Shilla (-42.58%). Bright Spots in Finance and Shipbuilding While most of the group’s stocks underperformed, financial subsidiaries like Samsung Life Insurance (+45.44%), Samsung Fire & Marine Insurance (+40.68%), and Samsung Card (+26.58%) posted gains, buoyed by expectations of corporate value enhancement. Samsung Heavy Industries (+49.37%) also rose sharply, supported by renewed optimism in the shipbuilding industry. However, these gains were insufficient to offset the impact of Samsung Electronics’ underperformance, which accounts for a significant portion of the group’s market capitalization. ETF Performance Reflects Decline The slump has also weighed on Samsung-focused exchange-traded funds (ETFs). The KODEX Samsung Group Value ETF has dropped 14.15% this year, while the TIGER Samsung Group Fundamental ETF and ACE Samsung Group Equal Weight ETF fell by 13.12% and 3.86%, respectively. Dim Outlook for 2025 Analysts suggest Samsung’s recovery in 2025 may face significant challenges. Many brokerage firms have lowered their target prices for Samsung Electronics in recent weeks, citing weakened demand for memory chips and concerns over global trade policies under a potential second Trump administration. “The increased supply from Chinese manufacturers is putting pressure on generic memory chip prices, and demand will likely remain subdued through the first half of next year,” said Noh Geun-chang, an analyst at Hyundai Motor Securities. Kim Dong-won, an analyst at KB Securities, echoed these concerns, predicting that Samsung Electronics’ stock will continue to fluctuate in a narrow range due to delays in profit recovery tied to the memory chip cycle. Samsung’s market trajectory underscores broader challenges in South Korea’s semiconductor sector and raises questions about its ability to regain its footing in a highly competitive global market. Ashley Song ( ashley@koreabizwire.com )What Met Office weather warnings REALLY mean: The differences between the three-tier system as forecasting agency faces backlash over Storm Bert floods READ MORE -- Storm Conall is named and will hit southern England tonight By MARK DUELL Published: 18:06, 26 November 2024 | Updated: 18:07, 26 November 2024 e-mail View comments Hours before the deadly Great Storm of 1987 devastated Britain, weatherman Michael Fish famously told viewers not to worry about a 'hurricane' on the way. But history's worst forecasting failure is also remembered for leading the Met Office to launch the National Severe Weather Warning Service (NSWWS) the following year. The system still exists today and has come back into focus this week after the Met Office was accused in Parliament yesterday of 'incompetence' that led to a 'clear underestimation' of the impact of Storm Bert which caused widespread flooding. While the Met Office has defended its forecasting after issuing 50 warnings last week, bosses said they were 'committed to learning the lessons' from the storm. And they will be under the microscope once again tonight after forecasters revealed Storm Conall will bring up to 2in (50mm) of rain to the South from 10pm. It comes after experts raised fears back in February that Britons could become complacent and ignore Met Office weather warnings due to a near-record number of named storms in that year amid increasing numbers of yellow and amber alerts. The warnings system has evolved into today's three-tier warnings service to forecast the expected impact of severe weather and the likelihood of this occurring. Yellow, amber or red warnings are issued for a range of impact levels and likelihoods for rain, thunderstorms, wind, snow, lightning, ice, extreme heat and fog. The alerts can have broad meanings given that a forecast with high impact but that is unlikely to happen will perhaps only get a yellow warning; and vice versa. Two people pour water out of the front garden of a flooded property in Pontypridd on Sunday Billing Aquadrome in Northamptonshire was badly flooded after heavy rain over the weekend The River Avon burst its banks and flooded nearby properties in Bradford-on-Avon yesterday A car drives through floodwater as water levels rise on the River Ouse in York yesterday Yellow warnings are the most common and normally mean people can continue with their daily routine but should be aware that some travel disruption could be caused. Yellow, amber or red? What each Met Office warning level means Here is the official Met Office guide on what each weather warning means: Yellow Warning Yellow warnings can be issued for a range of weather situations. Many are issued when it is likely that the weather will cause some low level impacts, including some disruption to travel in a few places. Many people may be able to continue with their daily routine, but there will be some that will be directly impacted and so it is important to assess if you could be affected. Other yellow warnings are issued when the weather could bring much more severe impacts to the majority of people but the certainty of those impacts occurring is much lower. It is important to read the content of yellow warnings to determine which weather situation is being covered by the yellow warning. Amber Warning There is an increased likelihood of impacts from severe weather, which could potentially disrupt your plans. This means there is the possibility of travel delays, road and rail closures, power cuts and the potential risk to life and property. You should think about changing your plans and taking action to protect yourself and your property. You may want to consider the impact of the weather on your family and your community and whether there is anything you need to do ahead of the severe weather to minimise the impact. Red Warning Dangerous weather is expected and, if you haven't already done so, you should take action now to keep yourself and others safe from the impact of the severe weather. It is very likely that there will be a risk to life, with substantial disruption to travel, energy supplies and possibly widespread damage to property and infrastructure. You should avoid travelling, where possible, and follow the advice of the emergency services and local authorities. Advertisement They can also be issued when the conditions could bring far more severe impacts to most people, but the certainty of these impacts happening is much lower. Amber warnings mean an increased possibility of severe weather with a higher chance of travel delays, road closures, power cuts, and risk to life and property. The top tier of red means dangerous weather is expected and people should take action to keep themselves safe, with substantial disruption and damage expected. Factors considered by forecasters include the time of day, week and year, the location, underlying wet or dry ground conditions and any local events taking place. While the Met Office can warn of flooding within a weather warning, flood alerts and warnings themselves are issued by flood agencies such as the Environment Agency for England or Natural Resources Wales. The current system has its roots in the development of better forecasting following the 1987 Great Storm on the night of October 15 which saw Britain hit by winds of up to 115mph - including 94mph in London. Some 18 people were killed, 15million trees were felled and billions of pounds worth of damage was caused in what was the worst storm for almost 300 years. Forecasters had been predicting severe weather for days before the storm - but thought it would pass to the South of England and failed to predict its severity, which later provoked ridicule. Fish famously said on the BBC lunchtime news before the storm struck: '...earlier on today apparently, a woman rang the BBC and said she'd heard there was a hurricane on the way. Well, if you are watching, don't worry, there isn't.....' The incident achieved such notoriety that it featured in the opening ceremony of the London 2012 Olympic Games. Fish, now 80, later revealed that the woman caller never existed and that it is one of a number of 'myths' surrounding the incident. But the devastation and lack of proper forecast of the worst storm since 1703 resulted in major investment and improvement in the science, technology and communication of forecasting, including the NSWWS starting in 1988. The Met Office wanted to provide a coordinated way of delivering warnings to government, industry, emergency responders and the public – and help people prepare for and take action to avoid the impacts of severe weather. In the years before widespread internet access, the warnings were faxed and emailed to emergency responders and media organisations. Yellow, amber or red warnings are now issued for a range of impact levels and likelihoods The Met Office issues a range of information to accompany weather warnings, as shown above The Met Office now issues weather warning maps on social media, such as this one for tonight The scheme initially worked as a threshold-based system, delivering warnings when wind or rain of sufficient intensity was predicted. Read More Met Office insists it will learn lessons from Storm Bert after criticism over 'incompetent' warnings But as the service evolved, the Met Office switched to an impact-based service in 2011 that took account of timing and environmental conditions to help people get a better idea of how conditions would affect them. The delivery of the alerts also changed as more people began to check weather forecasts and warnings online, including through apps and social media. In addition to the NSWWS, the Met Office launched the storm names project in 2015, giving titles to medium and high impact storms. The aim of the scheme brought in alongside the Irish meteorological service Met Éireann was to further improve the communication of incoming severe weather. The service has also now been extended to a seven-day lead-time rather than five, with the aim of giving the public more advance notice of bad weather. Damage caused by the 1987 Great Storm which saw Britain hit by winds of up to 115mph Some 18 people were killed and 15million trees were felled by the Great Storm of 1987 Michael Fish famously told BBC viewers not to worry about a 'hurricane' on the way in 1987 Today, the Met Office insisted it will learn lessons from Storm Bert after criticism over its 'incompetence' that led to a 'clear underestimation' of the devastating impact. Read More How storm warnings began in 1860s after 'Royal Charter Gale' hit Hundreds of homes were left underwater and roads turned into rivers after the UK was hit by up to seven inches of rain, heavy snow and 82mph winds at the weekend. Torrential downpours caused widespread flooding with nearly 300 warnings or alerts still in place across Britain this morning as major rail disruption continued. The Met Office was accused of 'letting down' the public with Labour MP for Cardiff West, Alex Barros-Curtis, saying warnings should have been 'amber or red'. But Met Office services director Simon Brown insisted 'observed rainfall totals were broadly in line with the forecast and the severe weather warnings issued in advance.' He said 50 weather warnings were issued last week, but added: 'I'm committed to learning the lessons from Storm Bert to support even greater preparedness.' Met Office BBC Share or comment on this article: What Met Office weather warnings REALLY mean: The differences between the three-tier system as forecasting agency faces backlash over Storm Bert floods e-mail Add comment
Washington, D.C., Nov. 21, 2024 (GLOBE NEWSWIRE) -- RAINN released the following statement after former Rep. Matt Gaetz announced that he has withdrawn from consideration to be Attorney General: “Make no mistake that this decision was in response to survivors and advocates using their voices to demand accountability, and because of the courage of members of Congress who refused to endorse this pick,” said Scott Berkowitz , RAINN president and founder. “RAINN called for the sex trafficking allegations against Gaetz to be thoroughly investigated since this nomination was announced. We could not reconcile the Justice Department — the department responsible for providing survivors with avenues for justice — being led by an alleged abuser of women. RAINN heard you, Matt Gaetz heard you, and survivors will not be silenced.” “For the other nominees facing allegations of sexual assault: We ask the relevant Senate committees to gather and consider all the facts before voting on any such nomination,” said Berkowitz. “Sexual assault happens to someone in the U.S. every 68 seconds. It occurs in our places of business, our schools, our doctors’ offices; urban or rural, in private and in public. Every single political appointee will have to confront their role in sexual assault response, prevention and recovery. And it starts now.” “This is not the end,” said Jennifer Simmons Kaleba , vice president of communications for RAINN. “Mr. Gaetz may have stepped down, but he is not the only nominee facing sexual assault allegations. We’re seeing what survivors already know—when individuals, especially those nominated for some of the highest public offices in our nation, are accused of sexual assault and are promoted without fully considering the allegations, everyone suffers. Not only does this reinforce the important role the Senate plays in vetting and voting on nominations, it underscores how critical it is that survivors speak up, speak out and be heard. Change is possible — we saw it happen today.” For any survivors for whom this is a difficult time, RAINN’s National Sexual Assault Hotline stands ready with free, confidential, 24/7 support for survivors and their loved ones in English and in Spanish at 800.656.HOPE (4673) and hotline.RAINN.org .” ( Note: Berkowitz and Simmons Kaleba are available for reaction, comment and interview) ### About RAINN RAINN , the nation's largest anti-sexual violence organization, created and operates the National Sexual Assault Hotline. RAINN also carries out programs to prevent sexual violence, help survivors, help organizations improve their sexual assault prevention and response programs, and ensure that perpetrators are brought to justice. If you or someone you know has experienced sexual violence, free, confidential help is available 24/7 by calling 800.656.HOPE (4673) or visiting hotline.RAINN.org .None
By Michelle Marchante, Miami Herald (TNS) MIAMI — As her students finished their online exam, Arlet Lara got up to make a cafe con leche . Her 16-year-old son found her on the kitchen floor. First, he called Dad in a panic. Then 911. “I had a stroke and my life made a 180-degree turn,” Lara told the Miami Herald, recalling the medical scare she experienced in May 2020 in the early months of the COVID pandemic. “The stroke affected my left side of the body,” the North Miami woman and former high school math teacher said. Lara, an avid runner and gym goer, couldn’t even walk. “It was hard,” the 50-year-old mom said. After years of rehabilitation therapy and a foot surgery, Lara can walk again. But she still struggles with moving. This summer, she became the first patient in South Florida to get an implant of a new and only FDA-approved nerve stimulation device designed to help ischemic stroke survivors regain movement in their arms and hands. This first procedure was at Jackson Memorial Hospital in Miami. Lara’s rehab was at at the Christine E. Lynn Rehabilitation Center for The Miami Project to Cure Paralysis, part of a partnership between Jackson Health System and UHealth. Every year, thousands in the United States have a stroke , with one occurring every 40 seconds, according to the U.S. Centers for Disease Control and Prevention. The majority of strokes are ischemic, often caused by blood clots that obstruct blood flow to the brain. For survivors, most of whom are left with some level of disability, the Vivistim Paired VNS System, the device implanted in Lara’s chest, could be a game changer in recovery, said Dr. Robert Starke, a UHealth neurosurgeon and interventional neuroradiologist. He also serves as co-director of endovascular neurosurgery at Jackson Memorial Hospital, part of Miami-Dade’s public hospital system. Arlet Lara, the first patient in South Florida to get an FDA-approved nerve stimulation implant, right, runs into her rehabilitation neurology physician Dr. Gemayaret Alvarez, before her physical therapy appointment on Monday, Sept. 9, 2024, at Lynn Rehabilitation Center at Jackson Memorial Hospital. The implant is designed to help stroke survivors regain function in their arms. (Alie Skowronski/Miami Herald/TNS) Arlet Lara, the first patient in South Florida to get an FDA-approved nerve stimulation implant designed to help stroke survivors regain function in their arms, goes through exercises while her therapist activates the device during her physical therapy appointment on Monday, Sept. 9, 2024, at Lynn Rehabilitation Center at Jackson Memorial Hospital. The activation works as positive reinforcement to her muscles when she completes the exercise correctly. (Alie Skowronski/Miami Herald/TNS) Arlet Lara, the first patient in South Florida to get an FDA-approved nerve stimulation implant, does an exercise while Neil Batungbakal, rehabilitation therapist, activates the implant with the black trigger during her physical therapy appointment on Monday, Sept. 9, 2024, at Lynn Rehabilitation Center at Jackson Memorial Hospital. The implant is designed to help stroke survivors regain function in their arms. The activation works as positive reinforcement to her muscles when she completes the exercise correctly. (Alie Skowronski/Miami Herald/TNS) Arlet Lara, the first patient in South Florida to get an FDA- approved nerve stimulation implant, does an exercise while Neil Batungbakal, rehabilitation therapist, activates the implant with the black trigger during her physical therapy appointment on Monday, Sept. 9, 2024, at Lynn Rehabilitation Center at Jackson Memorial Hospital. Arlet Lara, the first patient in South Florida to get an FDA-approved nerve stimulation implant, right, runs into her rehabilitation neurology physician Dr. Gemayaret Alvarez, before her physical therapy appointment on Monday, Sept. 9, 2024, at Lynn Rehabilitation Center at Jackson Memorial Hospital. The implant is designed to help stroke survivors regain function in their arms. (Alie Skowronski/Miami Herald/TNS) The Vivistim Paired VNS System is a small pacemaker-like device implanted in the upper chest and neck area. Patients can go home the same day. The U.S. Food and Drug Administration approved the stroke rehabilitation system in 2021 to be used alongside post-ischemic stroke rehabilitation therapy to treat moderate to severe mobility issues in hands and arms. Lara’s occupational therapist can activate the device during rehabilitation sessions to electrically stimulate the vagus nerve, which runs from the brain down to the abdomen and regulates various parts of the body’s nervous system. The electrical stimulation rewires the brain to improve a stroke survivor’s ability to move their arms and hands. Lara also has a magnet she can use to activate the device when she wants to practice at home. Her therapy consists of repetitive tasks, including coloring, pinching cubes and grabbing and releasing cylindrical shapes. After several weeks of rehabilitation therapy with the device, Lara has seen improvement. “Little by little, I’m noticing that my hand is getting stronger. I am already able to brush my teeth with the left hand,” she told the Miami Herald in September. Since then, Lara has finished the initial six-week Vivitism therapy program, and is continuing to use the device in her rehabilitation therapy. She continues to improve and can now eat better with her left hand and can brush her hair with less difficulty, according to her occupational therapist, Neil Batungbakal. Lara learned about the device through an online group for stroke survivors and contacted the company to inquire. She then connected them with her Jackson medical team. Now a year later, the device is available to Jackson patients. So far, four patients have received the implant at Jackson. Related Articles Health | Washington power has shifted. Here’s how the ACA may shift, too Health | CDC chief urges focus on health threats as agency confronts political changes Health | New rule allows HIV-positive organ transplants Health | Biden proposes Medicare and Medicaid cover costly weight-loss drugs for millions of obese Americans Health | Do not wash your turkey and other Thanksgiving tips to keep your food safe Starke sees the device as an opportunity to help bring survivors one step closer to regaining full mobility. Strokes are a leading cause of disability worldwide. While most stroke survivors can usually recover some function through treatment and rehabilitation, they tend to hit a “major plateau” after the first six months of recovery, he said. Vivistim, when paired with rehabilitation therapy, could change that. Jackson Health said results of a clinical trial published in the peer-reviewed medical journal The Lancet in 2021 showed that the device, “when paired with high-repetition, task-specific occupational or physical therapy, helps generate two to three times more hand and arm function for stroke survivors than rehabilitation therapy alone.” The device has even shown to benefit patients 20 years from their original stroke, according to Starke. “So now a lot of these patients that had strokes 10-15 years ago that thought that they would never be able to use their arm in any sort of real functional way are now able to have a real meaningful function, which is pretty tremendous,” Starke said. Vivistim’s vagus-nerve stimulation technology was developed by researchers at the University of Texas at Dallas’ Texas Biomedical Device Center and is being sold commercially by Austin-based MicroTransponder, a company started by university graduates. Similar devices are used to treat epilepsy and depression . For Lara, the device is a new tool to help her recovery journey. “Everything becomes a challenge so we are working with small things every day because I want to get back as many functions as possible,” Lara said. Patients interested in Vivistim should speak with their doctor to check their eligibility. The FDA said patients should make sure to discuss any prior medical history, including concurrent forms of brain stimulation, current diathermy treatment, previous brain surgery, depression, respiratory diseases and disorders such as asthma, and cardiac abnormalities. “Adverse events included but were not limited to dysphonia (difficulty speaking), bruising, falling, general hoarseness, general pain, hoarseness after surgery, low mood, muscle pain, fracture, headache, rash, dizziness, throat irritation, urinary tract infection and fatigue,” the FDA said. MicroTransponder says the device is “covered by Medicare, Medicaid, and private insurance with prior authorization on a case-by-case basis.” To learn more about the device, visit vivistim.com. ©2024 Miami Herald. Visit at miamiherald.com. Distributed by Tribune Content Agency, LLC. Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Most Popular Let it burn: Days-old underground fire at Williamsburg outlet mall could smolder for a week Let it burn: Days-old underground fire at Williamsburg outlet mall could smolder for a week Neighbors get into argument before fatal shooting, Hampton police say Neighbors get into argument before fatal shooting, Hampton police say Underground fire still burning at Williamsburg Premium Outlets; officials advise caution Underground fire still burning at Williamsburg Premium Outlets; officials advise caution Teel: Return as columnist at The Virginian-Pilot and Daily Press is a privilege Teel: Return as columnist at The Virginian-Pilot and Daily Press is a privilege One nation, under watch: Flock Safety cameras help the police solve crime. But how much should privacy matter? One nation, under watch: Flock Safety cameras help the police solve crime. But how much should privacy matter? 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Shares of apparel company Lululemon Athletica ( LULU 15.89% ) shot up on Friday after the company provided a solid financial report for its third quarter of 2024 and raised its full-year guidance. As of 3 p.m. ET, Lululemon stock was up 16%. Lululemon's growth and profits were higher than estimates It's been a good earnings season for apparel stocks , generally speaking, but I don't wish to take anything from Lululemon. Its Q3 report was strong, showing a 9% year-over-year increase in revenue, which hit $2.4 billion. For its part, management expected revenue closer to $2.3 billion. The financial report from Lululemon was praised by most in the professional analyst community, with many increasing their price targets for the stock. When this happens, investors tend to pay attention. Lululemon also updated aspects of its full-year guidance, considering Q3 sales were better than expected. Previously, it expected 8% to 9% full-year top-line growth, and now it expects growth to come in at 9%. Management anticipates the bottom-line numbers to be toward the higher end of its previous guidance as well. Lululemon is still looking to the long term In 2022, Lululemon's management laid out a plan to double its revenue by 2026. The plan implied an aggressive 15% compound annual growth rate (CAGR) . But the business is well on track, much to the delight of its shareholders. Revenue for 2024 should be close to $10.5 billion and needs to reach $12.5 billion by 2026. That's less than 10% growth in each of the next two years. In conclusion, Lululemon has a credible management team, and that's important for investors who trust what a company's leadership has to say. Moreover, the management team takes care of its shareholders, as evidenced by just adding $1 billion to its buyback plan . In other words, things are still looking good for Lululemon's business, and the big jump in the stock price today seems justified to me.
