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“I’m Sure Deion Sanders Is Giving Him a Lot of Advice”: LeSean McCoy Speaks Up After Travis Hunter Deactivates His Instagram Due to Criticism of His FiancéePepsiCo Inc. stock underperforms Thursday when compared to competitors despite daily gains
This 2024-2025 NBA Season has been solid for the Los Angeles Clippers as they are exceeding expectations with Norman Powell establishing himself as a key player. The Los Angeles Clippers have been among the most competitive teams in a wild Western Conference. They were expected to underperform due to Kawhi Leonard’s slow recovery from a knee injury and Paul George leaving for free agency. A big reason why the Clippers are keeping their heads above water is the emergence of guard Norman Powell . Powell has been one of the league’s best players and a reliable player for the Clippers, but this season, he has turned to another level. Powell looking to play like Kobe Bryant The Clippers have a track record of impressive stars coming off the bench. The team has had three different players win the NBA’s Sixth Man of the Year award five times since 2014. Norman Powell was attempting to win his first-ever last season but missed out as a finalist. He has been efficient in his ability to be a consistent scorer in the league. In 76 games played last season, Powell averaged 13.5 points per game shooting a field-goal percentage of 48.6% and 43.5% from the three-point arc. The season before, he averaged 17 points shooting a field-goal percentage of 47.9%. Powell keeps getting better at 31-years old and is always stepping up for the team. This is due to his determination to make key and proficient shots. Powell talked about his determination as a shooter and his dream to emulate Kobe Bryant , speaking to Basketball Insiders . He explained: “I tell all the time when people talk about the vision for myself: my high school friend — who’s one of my best friends still to this day — we had a conversation during lunch and he asked me, ‘Do I really see myself playing in the NBA?’ “I told him, ‘Yes.’ He told me that he can see me making it and being on the end of somebody’s bench making a lot of money. “I turned and looked at him and told him, ‘I’m not going to be at the end of nobody’s bench. I’m going to be in the league getting buckets like Kobe .’” Norman Powell a driving force for the Clippers Powell and star James Harden are the two players averaging over 22 points a game for the Clippers this season. Harden has emerged as a vocal leader. Powell, on of the other hand, has shown he is able to transcend his role from star off the bench to star for a competitive Clippers team. In 22 starts this season, Powell is averaging a team-high 23.9 points per game shooting a field-goal percentage of 49.5% and a three-point shooting of 47.2%. He also averages 3.3 rebounds, 2.6 assists and 1.1 steals per game. Powell is having a career year and is leading the Clippers to a competitive position in the Western Conference because of his offensive tenacity and efficiency. He knows that without George on the team and Leonard still trying to get back on the court he must take more shots. Powell, however, is smart about the shots he takes. He may see his shooting numbers slightly diminish when Leonard returns. Powell and Harden being the explosive driving force on the team means that they don’t have to overexert Leonard much in the regular season, leaving him healthy for the postseason. But even when Leonard returns on the court, Powell will be just as important as he is right now. This article first appeared on NBA Analysis Network and was syndicated with permission.
Amazon to invest an additional $4 billion in AI startup AnthropicRecord Revenues as Global Logistics Network Expands WATERLOO, Ontario and ATLANTA, Dec. 03, 2024 (GLOBE NEWSWIRE) -- The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2025 third quarter ( Q3FY25 ). All financial results referenced are in United States ( US ) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles ( GAAP ). "Our business has grown organically while we've added complementary solutions to our Global Logistics Network by way of acquisition,” said Edward J. Ryan, Descartes' CEO. "We listen to our customers about where best to invest to help them meet the many logistics and supply chain challenges they're facing, which contributed to us completing two acquisitions this past quarter. The global trade landscape remains highly uncertain and complex for our customers, especially with potential upcoming changes to tariffs and sanctions and the resulting impact on trade. As always, our goal is to help our customers manage this complexity so that they can continue to focus on their core businesses.” Q3FY25 Financial Results As described in more detail below, key financial highlights for Descartes' Q3FY25 included: The following table summarizes Descartes' results in the categories specified below over the past 5 fiscal quarters (unaudited; dollar amounts, other than per share amounts, in millions): FY25 FY25 FY25 FY24 FY24 As described in more detail below, key financial highlights for Descartes' nine-month period ended October 31, 2024 ( 9MFY25 ) included: At October 31, 2024, Descartes had $181.3 million in cash. Cash decreased by $71.4 million in Q3FY25 and $139.7 million in 9MFY25. The table set forth below provides a summary of cash flows for Q3FY25 and 9MFY25 in millions of dollars: On September 17, 2024, Descartes acquired all of the shares of Assure Assist, Inc., doing business as MyCarrierPortal ("MCP”), a leading provider of carrier onboarding and risk monitoring solutions for the trucking industry. The purchase price for the acquisition was approximately $22.5 million, net of cash acquired, which was funded from cash on hand, plus potential performance-based consideration of up to $6.0 million based on MCP achieving revenue-based targets over the first two years post-acquisition. Acquisition of Sellercloud On October 11, 2024, Descartes acquired all of the shares of Sellercloud LLC and certain assets of Sellercloud Europe Ltd. (collectively referred to as "Sellercloud”), a leading provider of omnichannel ecommerce solutions. The purchase price for the acquisition was approximately $110.2 million, net of cash acquired, which was funded from cash on hand, plus potential performance-based consideration of up to $20.0 million based on Sellercloud achieving revenue-based targets over the first two years post-acquisition. Conference Call Members of Descartes' executive management team will host a conference call to discuss the company's financial results at 5:30 p.m. ET on Tuesday, December 3, 2024. Designated numbers are +1 289 514 5100 and +1 800 717 1738 for Toll-Free in North America, using conference ID 07584. The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes/investor-relations. Phone conference dial-in or webcast login is required approximately 10 minutes beforehand. Replays of the conference call will be available until December 10, 2024, by dialing +1 289 819 1325 or Toll-Free for North America using +1 888 660 6264 with Playback Passcode: 07584#. An archived replay of the webcast will be available at www.descartes.com/descartes/investor-relations. About Descartes Descartes (Nasdaq:DSGX) (TSX:DSG) is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world's largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com , and connect with us on LinkedIn and X (Twitter ) . Descartes Investor Contact Laurie McCauley (519) 746-2969 [email protected] Cautionary Statement Regarding Forward-Looking Statements This release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements") that relates to Descartes' expectations concerning future revenues and earnings, and our projections for any future reductions in expenses or growth in margins and generation of cash; our assessment of the potential impact of geopolitical events, such as the ongoing conflict between Russia and Ukraine (the "Russia-Ukraine Conflict”), and between Israel and Hamas ("Israel-Hamas Conflict”), or other potentially catastrophic events, on our business, results of operations and financial condition; continued growth and acquisitions including our assessment of any increased opportunity for our products and services as a result of trends in the logistics and supply chain industries; rate of profitable growth and Adjusted EBITDA margin operating range; demand for Descartes' solutions; growth of Descartes' Global Logistics Network ("GLN”); customer buying patterns; customer expectations of Descartes; development of the GLN and the benefits thereof to customers; and other matters. These forward-looking statements are based on certain assumptions including the following: global shipment volumes continuing at levels generally consistent with those experienced historically; the Russia-Ukraine Conflict and Israel-Hamas Conflict not having a material negative impact on shipment volumes or on the demand for the products and services of Descartes by its customers and the ability of those customers to continue to pay for those products and services; countries continuing to implement and enforce existing and additional customs and security regulations relating to the provision of electronic information for imports and exports; countries continuing to implement and enforce existing and additional trade restrictions and sanctioned party lists with respect to doing business with certain countries, organizations, entities and individuals; Descartes' continued operation of a secure and reliable business network; the stability of general economic and market conditions, currency exchange rates, and interest rates; equity and debt markets continuing to provide Descartes with access to capital; Descartes' continued ability to identify and source attractive and executable business combination opportunities; Descartes' ability to develop solutions that keep pace with the continuing changes in technology, and our continued compliance with third party intellectual property rights. These assumptions may prove to be inaccurate. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Descartes, or developments in Descartes' business or industry, to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, Descartes' ability to successfully identify and execute on acquisitions and to integrate acquired businesses and assets, and to predict expenses associated with and revenues from acquisitions; the impact of network failures, information security breaches or other cyber-security threats; disruptions in the movement of freight and a decline in shipment volumes including as a result of contagious illness outbreaks; a deterioration of general economic conditions or instability in the financial markets accompanied by a decrease in spending by our customers; the ability to attract and retain key personnel and the ability to manage the departure of key personnel and the transition of our executive management team; changes in trade or transportation regulations that currently require customers to use services such as those offered by Descartes; changes in customer behaviour and expectations; Descartes' ability to successfully design and develop enhancements to our products and solutions; departures of key customers; the impact of foreign currency exchange rates; Descartes' ability to retain or obtain sufficient capital in addition to its debt facility to execute on its business strategy, including its acquisition strategy; disruptions in the movement of freight; the potential for future goodwill or intangible asset impairment as a result of other-than-temporary decreases in Descartes' market capitalization; and other factors and assumptions discussed in the section entitled, "Certain Factors That May Affect Future Results" in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities commissions across Canada, including Descartes' most recently filed Management's Discussion and Analysis. If any such risks actually occur, they could materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. Reconciliation of Non-GAAP Financial Measures - Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues We prepare and release quarterly unaudited and annual audited financial statements prepared in accordance with GAAP. We also disclose and discuss certain non-GAAP financial information, used to evaluate our performance, in this and other earnings releases and investor conference calls as a complement to results provided in accordance with GAAP. We believe that current shareholders and potential investors in our company use non-GAAP financial measures, such as Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues, in making investment decisions about our company and measuring our operational results. The term "Adjusted EBITDA” refers to a financial measure that we define as earnings before certain charges that management considers to be non-operating expenses and which consist of interest, taxes, depreciation, amortization, stock-based compensation (for which we include related fees and taxes) and other charges (for which we include restructuring charges, acquisition-related expenses, and contingent consideration incurred due to better-than-expected performance from acquisitions). Adjusted EBITDA as a percentage of revenues divides Adjusted EBITDA for a period by the revenues for the corresponding period and expresses the quotient as a percentage. Management considers these non-operating expenses to be outside the scope of Descartes' ongoing operations and the related expenses are not used by management to measure operations. Accordingly, these expenses are excluded from Adjusted EBITDA, which we reference to both measure our operations and as a basis of comparison of our operations from period-to-period. Management believes that investors and financial analysts measure our business on the same basis, and we are providing the Adjusted EBITDA financial metric to assist in this evaluation and to provide a higher level of transparency into how we measure our own business. However, Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues are non-GAAP financial measures and may not be comparable to similarly titled measures reported by other companies. Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues should not be construed as a substitute for net income determined in accordance with GAAP or other non-GAAP measures that may be used by other companies, such as EBITDA. The use of Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues does have limitations. In particular, we have completed seven acquisitions since the beginning of fiscal 2024 and may complete additional acquisitions in the future that will result in acquisition-related expenses and restructuring charges. As these acquisition-related expenses and restructuring charges may continue as we pursue our consolidation strategy, some investors may consider these charges and expenses as a recurring part of operations rather than expenses that are not part of operations. The table below reconciles Adjusted EBITDA and Adjusted EBITDA as a percentage of revenues to net income reported in our unaudited Consolidated Statements of Operations for Q3FY25, Q2FY25, Q1FY25, Q4FY24, and Q3FY24, which we believe is the most directly comparable GAAP measure. Condensed Consolidated Balance Sheets (US dollars in thousands; US GAAP; Unaudited)PepsiCo Inc. stock underperforms Thursday when compared to competitors despite daily gains
In the ever-growing real estate market, the need for efficiency, transparency, and seamless communication has never been greater. Enter Bulvds, a cutting-edge platform that is reshaping how properties are managed, marketed, and discovered. Designed with modern technology and a user-centric approach, Bulvds is bridging the gap between landlords, agents, and tenants, offering solutions tailored to the unique challenges of Nigeria’s real estate landscape. For tenants, the experience is all about ease and efficiency. AI-powered property recommendations and next-generation search tools enable renters to find homes tailored to their specific needs, saving time and eliminating guesswork. With Bulvds, tenants are empowered to make decisions with confidence. Agents, often caught in the chaos of managing multiple clients and properties, will find a powerful ally in Bulvds. The platform combines streamlined workflows with smart tools to enhance productivity. From managing inquiries to tracking listings and optimizing promotions, agents can focus on building relationships while Bulvds handles the heavy lifting. The system also allows agents to expand their reach, opening up earning opportunities across borders, and aligning with Bulvds’ vision of creating a globally connected real estate ecosystem. For landlords, Bulvds is more than just a listing platform—it’s a tool for empowerment. By leveraging advanced technologies such as data-driven insights and intelligent communication systems, Bulvds ensures landlords have a clearer understanding of their property performance and market trends. The platform fosters better collaboration between landlords, property managers, and, in some cases, tenants, eliminating bottlenecks and driving informed decision-making. What truly sets Bulvds apart is its integration of forward-looking technologies. The platform is built on a foundation that considers the potential of blockchain to bring added transparency and trust to property transactions in the future. By embracing innovations like machine learning and advanced algorithms, Bulvds creates a smarter, more connected property management experience—one that adapts to the needs of its users while driving efficiency across the board. “Bulvds isn’t just a platform; it’s a solution that tackles the communication barriers and inefficiencies in property management. We’re committed to leveraging technology to empower all stakeholders in the real estate ecosystem,” says the Bulvds Team. With its sights set on redefining the global property management landscape, Bulvds is positioning itself as a leader in tech-driven real estate innovation. It’s not just about Nigeria; Bulvds is creating a model that the world can follow—a system where collaboration, technology, and seamless interaction drive growth and prosperity for everyone involved. The future of real estate isn’t just coming; it’s already here. And it’s called Bulvds.Editor's Note: The Herald-Citizen newsroom staff compiled a summary of our most-read stories of 2024 based on page visits to our website. 1&2. Suicide reported on Tech campus Saturday, Nov. 2 The two most read stories of 2024 concerned the suicide of Tennessee Tech University junior Philip ‘Ethan’ Haynes on Nov. 2. According to the university, a then-unnamed student committed suicide on the campus’ A Street, between Dixie Avenue and North Peachtree Street in the hours before Tech’s homecoming parade. Three days later, Tennessee Tech President Phil Oldham informed the campus community of the student’s identity. Haynes, from Nashville, was a conservation biology major. He had married his wife, Desiree, in September. In a GoFundMe campaign set up to support Haynes’ family, he was described as “a beloved husband, son and friend.” The campaign has raised almost $6,500. 3. Cookeville man arrested after Walmart shooting, June 17 Ethan Chase Wilmoth, 26, was arrested by officers from the Cookeville Police Department June 15 after a shooting at the South Jefferson Avenue Walmart. Wilmoth was accused of firing at his uncle after an argument in the store’s parking lot. Wilmoth’s uncle was allegedly grazed by the bullet, which continued in the direction of the building. Wilmoth was charged with aggravated assault, aggravated reckless endangerment and unlawful possession of a firearm. The charges were dismissed by Putnam County General Sessions Judge Steven Randolph in August. 4. Six students score perfect 36 on ACT, Nov. 25 For perhaps the first time in Cookeville High School history, six students scored a perfect 36 on the ACT college entrance exam. Trace Anderson plans to attend Tennessee Tech and study civil engineering. Jonathan Hill and Peter Goodman are headed to Brigham Young University, where Hill plans to study software engineering and Goodman is considering photonics, the science and technology of light. Brayden Gallagher plans to major in history or political science on a pre-law track. Samuel Canfield plans to study mechanical engineering, and Katherine Smith is a current early decision applicant at Vanderbilt for applied mathematics. 5. One dead after early morning shooting, March 12 One person died in an early morning shooting in the parking lot at Hooligan’s Half Irish Pub March 12. According to the Cookeville Police Department, the body of 36-year-old Christopher Posey was found when officers responded. A press release said Posey suffered injuries “consistent with an apparent gunshot wound.” Authorities said the shooting seemed to be an isolated incident, and there was no reason to believe the public was in any danger. According to the CPD, the shooting is still under investigation. 6. Upper Cumberland Regional Airport handles first ever 737, March 21 The 737-400 was launched in 1985 to fill the gap between two other models of aircraft the Boeing Corporation made — the 737-300 and the 757-200. It has capacity to hold 188 passengers, but the Upper Cumberland airport has not yet been certified by the FAA to offer commercial passenger service, although efforts to offer commercial passenger service are underway. "The freight companies have reached out to us before, but this is the first time we've ever ground handled a 737," airport manager Dean Selby said. "They called ahead of time and said we need to pick up some freight and asked if (the airport) could handle it. We looked at the weights, and everything was fine." The aircraft landed at the 6,700-foot runway and was on the ground for just over an hour. Once it was loaded, the plane took off for a "just in time" delivery to Illinois. "We'll probably start seeing this a little more often," Selby said, noting that the 737 is "quieter than half the aircraft that we already handle." Typically, such aircraft have flown in and out of airports in Nashville, Knoxville, Chattanooga or Smyrna. 7. Cookeville man faces drug charges after traffic stop, March 25 Jerred Ryan Griggs, 34, of Cookeville, was arrested on March 21, following a traffic stop by the Cookeville Police Department. According to a report by Officer Zachary Davidson, Griggs allegedly consented to a search of his vehicle, which yielded a container containing what was believed to by fentanyl, a cut straw and several small baggies. Griggs also consented to a search of his phone, where officers allegedly discovered evidence that Griggs was selling the fentanyl. Griggs’ case has been bound over to the Putnam County Grand Jury. His next court date is scheduled for Jan. 23. 8. Cookeville council votes to save Christmas parade, Oct. 24 After a week of controversy surrounding new rules regarding the Cookeville Christmas Parade, the city council announced that they would continue the tradition of the annual event. "We wanted to make sure there was a Christmas Parade, and we know that there has, to be honest, been some controversy of how it was going to move forward," Mayor Laurin Wheaton said at the time. "At the end of the day, I think this council wanted a Christmas parade. We want something for the community. And we have come together, and we are going to try this for this year." The council's decision came about a month after a group called the Cookeville Christian Christmas Parade, LLC began circulating a 12-page application form requiring parade participants to sign a "statement of faith." The annual parade had previously been organized through a committee with the Cookeville-Putnam County Chamber of Commerce. Last year, for "safety reasons" that committee excluded the Upper Cumberland Pride group from participating in the parade, and the chamber president said that led to "malicious attacks" against her and the chamber, which led to the chamber officials' decision not to participate in the parade this year. The controversy sparked by the new parade rules led to the formation of another group, Cookeville Inclusive, whose members were in discussion to host an inclusive holiday parade. The Cookeville parade this year was scheduled for Dec. 14 but was ultimately postponed and then canceled because of windy and rainy weather conditions. Cookeville area churches hosted a Happy Birthday Jesus Party on Dec. 21 in the First Baptist Church parking lot with free food, bounce houses, train rides, balloon animals, live nativity and worship celebration with cake. 9. Arson suspected in early morning fire calls, Jan. 10 A Brush Creek man was arrested Jan. 10 after a series of fires were started at several Cookeville businesses early that morning. According to the Cookeville Fire Department, beginning at Chipotle on Interstate Drive, someone went to several businesses damaging gas meters and setting them on fire. Chief Benton Young said a quick response from firefighters kept the damage contained. In all, the CFD said damage was reported at Chipotle, Cheddars, Buffalo Wild Wings, Logan’s Roadhouse and Drake’s, where the alleged perpetrator was confronted by workers pressure washing the parking lot. 49-year-old Gary L. Collins was later arrested by the Cookeville Police Department and charged with vandalism and three counts of arson. His arrest warrant estimated he had caused approximately $20,000 worth of damages. Collins pleaded guilty in Putnam County Criminal Court Jan. 29. 10. Community mourns loss of Upperman student, Oct. 30 UHS Senior Cameron Kelly was killed Tuesday, Oct. 29, from injuries sustained in a car crash in Georgia. "Cameron will be remembered for his kind heart and infectious laugh," reads his obituary. "His larger-than-life personality drew people to him and allowed him to minister to those he loved when they were struggling or hurting. He shared his heart and his love for Jesus not just here, but all over the world."
B.C. premier says U.S. tariffs would be 'devastating' for forest industry
