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PHOENIX — If there was a Mount Rushmore of Arizona business, Go Daddy founder Bob Parsons would no doubt be on it. He pulled himself out of a rough Baltimore neighborhood, fought in the jungles of Vietnam, and then worked his way to founding one of the most iconic companies in the state's history. He tells his story in a new book called Fire In The Hole. 12News journalist Troy Hayden sat down with Parsons to discuss his journey as a businessman, his life and his new book. Parsons told Hayden he grew up in a poor family in East Baltimore with a chronically absent father and a mother who, he says, likely suffered from a kind of nervous breakdown. "She would take her head and start pounding it into the wall and then she would then reach up and grab her hair, start pouring it out of her head in clumps, Parsons said. "Then she looked at me and she must start making these noises like an animal... she was in such pain." That pain was made worse by his family's financial struggles. "I said, dear God, when I grow up if I have a family, I promise you, they will always have what they need," Parsons said. Parsons enlisted in the U.S. Marine Corps when he was 17 and was sent to fight in the rice paddies of Vietnam. Hours before his first ambush patrol, he had an epiphany. "When you start to worry about how you're gonna survive, it's a pretty dark moment," Parsons said. "I had I think an anxiety attack, a little one, you know, kind of hard to breathe, you know, that clammy. And then it occurred to me, you know, gradually that I was gonna die there. And so I gave myself up for dead." And he almost did die while on patrol: Parsons was severely injured by a mine and earned a Purple Heart. He now keeps his Marine medals on his wall and says the Marine Corps is where he learned the discipline he held onto when he first started in tech. Another thing Parsons has held onto? The old IBM computer he used when he worked 60-hour shifts to create Parsons Technology, an early software company. He dubbed the computer "Cinderella." "This is a woman I spent probably 20 hours a day with for a long time. My sweetheart, Cinderella," Parsons told Hayden with a smile. Parson sold that company and used the profits to start Go Daddy, which registered internet domain names. But the start-up struggled and Parsons' seed money was quickly drying up. While taking a trip to Hawaii to think about and decide the fate of his company, Parsons had another epiphany. "This guy who'd come by to park cars for me, and the guy's my age and he's really happy," Parsons said. "I just thought, you know, this guy is something. I mean, this guy probably has nothing, He's parking cars, right, and look how happy he is. Me, I've... got $6 million and I'm miserable. So it was right then I decided that I'd go back home and I wouldn't shut the company down. And if I went broke, the company went broke, I'd go broke with it." Just like Vietnam, Parsons decided to accept whatever fate awaited him. But as luck would have it, his fate wasn't an ending — it was just the beginning. Go Daddy began turning a profit and then got a huge lift when they created the now infamous edgy Super Bowl commercial. Parsons shrewdly let everybody know what happened — that the network had basically banned the commercial — and the resulting publicity made Go Daddy a household name. "I did interviews for a week... from sun up to sundown. The Go Daddy girl was on every possible show," Parsons said. Go Daddy's profile continued to rise after Parsons hired race car driver, Danica Patrick, for a series of commercials. Parsons then sold just a portion of Go Daddy for over $2 billion. He didn't have to ever work again. RELATED: Who are the richest people in Arizona? The answer may surprise you. But soon he took an interest in the golf business. When he asked, then-PING golf club designer Mike Nicolette, why golf clubs didn't seem to improve much year to year, Nicolette answered that he was hampered by cost restrictions and time. "I said, do you think if you had as much time as you possibly had to design clubs and... you had money to spend where you need it, you didn't have no limitations there, that you could make a better club?" Parsons said. "He goes, 'I'd sure like to try.'" Parsons hired Nicolete from PING and created PXG a high-end golf and apparel company that's seen as a disruptor in the golf business and it's growing in market share. The clubs are designed right here in the Valley and Bob's wife Renee Parsons is the company's chief marketing officer. When Hayden asked him what he thinks the key is to running a successful business, he said you have to love what you do. "No good deed goes unthanked, you have a few of those moments, but you get past those in a little bit," Parsons said. "I'm a happy guy." You can now watch 12News content anytime, anywhere thanks to the 12News+ app! The free 12News+ app from 12News lets users stream live events — including daily newscasts like "Today in AZ" and "12 News" and our daily lifestyle program, "Arizona Midday"—on Roku and Amazon Fire TV . 12News+ showcases live video throughout the day for breaking news, local news, weather and even an occasional moment of Zen showcasing breathtaking sights from across Arizona. Users can also watch on-demand videos of top stories, local politics, I-Team investigations, Arizona-specific features and vintage videos from the 12News archives. Roku: Add the channel from the Roku store or by searching for "12 News KPNX." Amazon Fire TV: Search for "12 News KPNX" to find the free 12News+ app to add to your account , or have the 12News+ app delivered directly to your Amazon Fire TV through Amazon.com or the Amazon app. Up to Speed Catch up on the latest news and stories on the 12News YouTube channel. Subscribe today.SAN DIEGO (AP) — SAN DIEGO (AP) — Genasys Inc. (GNSS) on Monday reported a loss of $11.4 million in its fiscal fourth quarter. The San Diego-based company said it had a loss of 26 cents per share. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share. The developer of directed sound technologies used by the military and police posted revenue of $6.7 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $9 million. For the year, the company reported a loss of $31.7 million, or 72 cents per share. Revenue was reported as $24 million. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on GNSS at https://www.zacks.com/ap/GNSSEagle-eyed viewers spot Tulisa was eager to remove 'all traces' of I'm A CelebODU_Henicle 92 run (Sanchez kick), 11:37. ODU_Young 1 run (Sanchez kick), 5:43. ARST_Rucker 36 pass from Raynor (Van Andel kick), :58. ODU_Young 24 run (Sanchez kick), 5:58. ARST_M.Stevenson 15 pass from Raynor (Van Andel kick), 1:54. ODU_Conroy 8 pass from Henicle (kick failed), 11:40. ARST_C.Jackson 35 pass from Raynor (Van Andel kick), 8:58. ODU_Conroy 75 pass from Henicle (kick failed), 8:46. ODU_Henicle 1 run (Sanchez kick), 4:48. ARST_Z.Wallace 10 run (Rucker pass from Raynor), :23. ARST_FG Van Andel 26, 6:03. RUSHING_Old Dominion, Henicle 19-206, Young 23-119, Roche 7-85, T.Sims 1-1, (Team) 2-(minus 5). Arkansas St., Z.Wallace 15-89, Cross 9-52, Raynor 15-8. PASSING_Old Dominion, Henicle 9-12-0-143. Arkansas St., Raynor 22-36-1-261. RECEIVING_Old Dominion, Conroy 4-90, Young 2-39, Paige 1-12, Alston 1-5, Roche 1-(minus 3). Arkansas St., Rucker 8-115, Stevenson 4-49, A.Jones 4-40, C.Jackson 2-35, Cross 2-8, McCrumby 1-9, Ealy 1-5. MISSED FIELD GOALS_None.
Will Texas A&M deploy on-field loudspeakers for UT rivalry game? - ChronFRISCO, Texas -- CeeDee Lamb 's season is over with two games to play in the Dallas Cowboys ' season. Lamb, who has dealt with a sprained AC joint in his shoulder since a Nov. 3 loss to the Atlanta Falcons , aggravating it almost weekly, had more exams and scans this week that showed the injury had worsened. With the Cowboys officially eliminated from the playoffs, the Cowboys made the decision to sit their No. 1 wide receiver. In a statement, the team said he is not expected to need surgery and should make a full recovery through a "process of treatment and rehabilitation." Editor's Picks Jones: Discussions with McCarthy about future 2d Todd Archer Week 17 NFL Power Rankings: 1-32 poll, plus every team's rookie of the year 2d NFL Nation Texans' H-Town blue look tops NFL's Week 17 uniforms 1d Anthony Gharib Lamb becomes the Cowboys' fifth Pro Bowler to have his season end early because of injury, joining quarterback Dak Prescott (hamstring), right guard Zack Martin (ankle), defensive end DeMarcus Lawrence (foot) and cornerback Trevon Diggs (knee). Pro Bowl cornerback DaRon Bland spent the first 10 games of the season on injured reserve before returning from surgery on his left foot Nov. 24. Pro Bowl pass rusher Micah Parsons missed four games earlier in the year with a high ankle sprain but did not go to IR. Lamb, who signed a four-year, $136 million extension in August that made him the second-highest-paid receiver in the NFL (behind Justin Jefferson ), is second in the NFL in receptions with 101 and third in yards with 1,194, despite playing the last seven games with backup quarterback Cooper Rush after Prescott's injury. Lamb has posted back-to-back 100-yard games against the Carolina Panthers and Tampa Bay Buccaneers , reaching triple figures in the first half of both. After a 52-yard reception in the second quarter last week against the Buccaneers in which he landed on his shoulder, Lamb's snaps were limited in the second half. The Cowboys altered their practice schedule this week because of Christmas. Thursday was their first full workout of the week leading into Sunday's game against the Philadelphia Eagles . Replacing Lamb will be difficult. Brandin Cooks and Jalen Tolbert will be their top two wide receivers with Jonathan Mingo , Ryan Flournoy and Jalen Brooks on the 53-man roster. The Cowboys could elevate Jalen Cropper or Kelvin Harmon from the practice squad. Lamb became just the third player in NFL history with 100 receptions in three of his first five seasons, joining Michael Thomas and Brandon Marshall. Only Thomas (510) has more receptions in a player's first five seasons than Lamb's 496.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 All of the I'm A Celebrity...Get Me Out Of Here! campmates will take part in the next Bushtucker Trial. The contestants of the jungle show traditionally face a public vote to decide which of them will face a grisly task to earn meals for camp, but on Saturday night, 23 November, both the ordinary camp and the Jungle Junkyard will take part. Host Ant McPartlin ramped up the excitement at the end of Friday's episode, teasing: "How exciting, I bet they can't wait to come face to face with Richard, Maura, and Dean. Let's see how they react when the secret of The Junkyard comes out!" It was confirmed on the series' new spin-off show, I'm A Celebrity..Unpacked, that the trial will be an eating challenge. I’m A Celeb fans will welcome the return of the eating challenge as many have taken to social media wondering why a proper eating trial hasn’t happened yet. “We’ve now had 4 trials and none of them have been an eating trial, just seems kinda strange as there is usually one in the first 4 or so,” said one viewer. "Has it only been like 4 days, and it started with a gross milkshake," wrote another, referring to the drinks that some of the celebrities had to gulp down before joining the race to the camp during the first episode. Love Island alum Maura Higgins and Rev Richard Coles have been secretly living in luxury in their camp, the Jungle Junkyard, since their late arrival. However, the rest of the camp think they are roughing it and have given them some of their food, and even one of their beds. Radio DJ Dean McCullough got clued in on the real conditions of the Jungle Junkyard after being invited to join the luxury hideaway during Friday's show after his trial with Danny Jones. However, the others are starting to sniff out the truth. Coleen Rooney, after delivering some grub to her fellow stars in the second camp, couldn't help but get suspicious. After returning to main camp, she said: "Dean had the same face on as Maura had on yesterday. I thought he just thought he looked more content than I thought he would be with the junkyard environment. They were hiding something from us." TikTok sensation and Loose Women regular, GK Barry, is also on a mission to "get to the bottom" of the mysterious happenings. After Coleen aired her suspicions, GK said: "She noticed some weird changes in The Junkyard, we are gonna get to the bottom of this because I don't like being lied to. I am not a mug!"
NEW YORK - Wall Street’s main indexes finished lower on Dec 9, fueled by a decline in AI leader Nvidia that weighed on tech stocks, as investors looked ahead to a crucial inflation report set for later this week. Nvidia fell after China’s market regulator launched an investigation into the chipmaker over suspected violation of antimonopoly law, dragging down the information technology sector. Advanced Micro Devices slipped after BofA Global Research downgraded its rating on the stock, weighing on the Philadelphia Semiconductor Index. “The market was taken a bit by surprise regarding China’s investigating (Nvidia) as a possible antimonopoly-law violation. So that’s one thing that’s putting a little damper on the market,” said Sam Stovall, chief investment strategist at CFRA Research in New York. According to preliminary data, the S&P 500 lost 35.69 points, or 0.60 per cent, to end at 6,053.68 points, while the Nasdaq Composite lost 123.08 points, or 0.62 per cent, to 19,736.69. The Dow Jones Industrial Average fell 226.14 points, or 0.51 per cent, to 44,416.38. Comcast declined after forecasting a loss of more than 100,000 broadband subscribers in the fourth quarter, denting the communication services sector. Shares of Hershey soared following a report that Cadbury parent Mondelez was exploring an acquisition of the chocolate maker. Mondelez shares fell. Investors are anticipating the consumer price index (CPI) data set for release on Wednesday, along with the producer price index (PPI) on Thursday, ahead of the Federal Reserve’s meeting on Dec. 17-18. Bets of a 25-basis-point rate cut at the upcoming meeting shot up to more than 85 per cent after data on Friday showed a rise in the unemployment rate to 4.2 per cent in November, indicating an easing labor market. Several Fed officials, including Chair Jerome Powell, emphasised caution regarding the central bank’s approach to easing monetary policy due to the economy’s resilience. Wall Street’s main indexes started December on a positive note, with the benchmark S&P 500 and the tech-heavy Nasdaq both gaining in their first week, while the blue-chip Dow ended the week slightly lower. us stocks soared in November after Donald Trump won the presidential election and his party secured control of both houses of Congress, raising expectations for a more business-friendly policy agenda. REUTERS
Trump team signs agreement to allow Justice to conduct background checks on nominees, staff
Nordson executive vice president sells $82,657 in stockEAST TENNESSEE STATE 79, AUSTIN PEAY 57
Ghana's opposition leader John Mahama officially won the country's election on Monday, easily defeating the ruling party candidate after voters punished the government's economic management and high living costs. Mahama won 56 percent of the votes in Saturday's presidential ballot, compared to the ruling party candidate and Vice President Mahamudu Bawumia, who secured 41 percent, the electoral commission said announcing official results. The landslide comeback for former president Mahama ended eight years in power for the New Patriotic Party (NPP) under President Nana Akufo-Addo, whose last term was marked by Ghana's worst economic turmoil in years, an IMF bailout and a debt default. "These eight years have witnessed some of the darkest periods of our governance," Mahama told crowds of supporters blowing horns and whistles in his party office in Accra. "This mandate also serves as a constant reminder of what fate awaits us if we fail to meet the aspirations of our people." Bawumia, a former central banker, had already quickly conceded defeat on Sunday, acknowledging Ghanaians wanted change after the government failed to shake off widespread frustration. Bawumia also said the Mahama's National Democratic Congress (NDC) party had won the parliamentary vote in Saturday's election. Official results for the parliament are still being tallied. Mahama, 66, had previously failed twice to secure the presidency, but in Saturday's election he managed to tap into expectations of change among Ghanaians. He promised to "reset" Ghana, usher in economic revival and renegotiate parts of the country's $3 billion IMF accord. In his acceptance speech, Mahama promised reforms and "severe" measures to bring Ghana back on track. "The journey is not going to be easy... because the outgoing government has plunged our dear nation into the abyss," he said. "I am certain that we shall win the battle." With a history of democratic stability, Ghana's two major parties, the NPP and NDC, have alternated in power equally since the return to multi-party politics in 1992. But Ghana's economic woes dominated the 2024 election, after the continent's top gold producer and world's second cacao exporter went through a debt crisis, the default and currency devaluation. Turnout for Saturday election was 60.9 percent, a slide in participation from 79 percent in the 2020 election, results showed. With a slogan "Break the 8" -- a reference to two, four-year terms in power -- Bawumia had sought to take the NPP to an unprecedented third mandate. But he struggled to break from criticism of Akufo-Addo's economic record. While inflation slowed from more than 50 percent to around 23 percent, and other indicators stabilised, economic concerns were still a clear election issue for most Ghanaians. That frustration opened the way for a comeback from Mahama, who first came to the presidency in 2012 when he was serving as vice president and then President John Atta Mills died in office. During campaigning, the former president also faced criticism from those who remember his government's own financial tribulations and especially the massive power blackouts that marred his time in office.GEORGE TOWN, Cayman Islands (AP) — Javan Buchanan's 28 points off of the bench led Boise State to an 83-82 victory against South Dakota State on Monday. Buchanan went 11 of 17 from the field (4 for 8 from 3-point range) for the Broncos (5-1). Alvaro Cardenas Torre added 16 points while going 6 of 13 (3 for 6 from 3-point range) while they also had seven assists. Julian Bowie went 4 of 4 from the field (3 for 3 from 3-point range) to finish with 13 points. Oscar Cluff finished with 19 points and 14 rebounds for the Jackrabbits (5-2). Joe Sayler added 19 points for South Dakota State. Kalen Garry had 13 points and five assists. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Eli Lilly announces $15 billion buyback, dividend hike
S&P/TSX composite down Monday, U.S. markets also move lowerEl presidente electo de Estados Unidos, Donald Trump, sube al escenario para pronunciar un discurso en los FOX Nation Patriot Awards, el 5 de diciembre de 2024, en Greenvale, Nueva York. (AP Foto/Heather Khalifa) FILE – Robert F. Kennedy, Jr., speaks before Republican presidential nominee former President Donald Trump at a campaign event, Sept. 27, 2024 in Walker, Mich. (AP Photo/Carlos Osorio) FILE – Former Florida Attorney General Pam Bondi, speaks before Republican presidential nominee former President Donald Trump at a campaign rally at First Horizon Coliseum, Nov. 2, 2024, in Greensboro, NC. (AP Photo/Alex Brandon, File) FILE – Mehmet Oz visits the AW Driving School & License Testing Center in Allentown, Pa., Sept. 23, 2022. (AP Photo/Matt Rourke, File) FILE – Former Rep. Doug Collins speaks before Republican presidential nominee former President Donald Trump at a campaign event at the Cobb Energy Performing Arts Centre, Oct. 15, 2024, in Atlanta. (AP Photo/John Bazemore, File) El presidente electo de Estados Unidos, Donald Trump, sube al escenario para pronunciar un discurso en los FOX Nation Patriot Awards, el 5 de diciembre de 2024, en Greenvale, Nueva York. (AP Foto/Heather Khalifa) By CHRISTINE FERNANDO CHICAGO (AP) — As Donald Trump’s Cabinet begins to take shape, those on both sides of the abortion debate are watching closely for clues about how his picks might affect reproductive rights policy in the president-elect’s second term . Trump’s cabinet picks offer a preview of how his administration could handle abortion after he repeatedly flip-flopped on the issue on the campaign trail. He attempted to distance himself from anti-abortion allies by deferring to states on abortion policy, even while boasting about nominating three Supreme Court justices who helped strike down the constitutional protections for abortion that had stood for half a century. In an NBC News interview that aired Sunday, Trump said he doesn’t plan to restrict medication abortion but also seemed to leave the door open, saying “things change.” “Things do change, but I don’t think it’s going to change at all,” he said. The early lineup of his new administration , including nominations to lead health agencies, the Justice Department and event the Department of Veterans Affairs, has garnered mixed — but generally positive — reactions from anti-abortion groups. Abortion law experts said Trump’s decision to include fewer candidates with deep ties to the anti-abortion movement could indicate that abortion will not be a priority for Trump’s administration. “It almost seems to suggest that President Trump might be focusing his administration in other directions,” said Greer Donley, an associate law professor at the University of Pittsburgh School of Law. Karen Stone, vice president of public policy at Planned Parenthood Action Fund , said while many of the nominees have “extensive records against reproductive health care,” some do not. She cautioned against making assumptions based on Trump’s initial cabinet selections. Still, many abortion rights groups are wary, in part because many of the nominees hold strong anti-abortion views even if they do not have direct ties to anti-abortion activists. They’re concerned that an administration filled with top-level officials who are personally opposed to abortion could take steps to restrict access to the procedure and funding. After Trump’s ambiguity about abortion during his campaign, “there’s still a lot we don’t know about what policy is going to look like,” said Mary Ruth Ziegler, a law professor at the University of California, Davis School of Law. That approach may be revealed as the staffs within key departments are announced. Trump announced he would nominate anti-vaccine activist Robert F. Kennedy Jr. to lead the Health and Human Services Department, which anti-abortion forces have long targeted as central to curtailing abortion rights nationwide. Yet Kennedy shifted on the issue during his own presidential campaign. In campaign videos, Kennedy said he supports abortion access until viability , which doctors say is sometime after 21 weeks, although there is no defined timeframe. But he also said “every abortion is a tragedy” and argued for a national ban after 15 weeks of pregnancy, a stance he quickly walked back. The head of Health and Human Services oversees Title X funding for a host of family planning services and has sweeping authority over agencies that directly affect abortion access, including the Food and Drug Administration and Centers for Medicare and Medicaid Services. The role is especially vital amid legal battles over a federal law known as EMTALA, which President Joe Biden’s administration has argued requires emergency abortion access nationwide, and FDA approval of the abortion pill mifepristone. Mini Timmaraju, president of the national abortion rights organization Reproductive Freedom for All, called Kennedy an “unfit, unqualified extremist who cannot be trusted to protect the health, safety and reproductive freedom of American families.” His potential nomination also has caused waves in the anti-abortion movement. Former Vice President Mike Pence , a staunch abortion opponent, urged the Senate to reject Kennedy’s nomination. Marjorie Dannenfelser, president of the national anti-abortion group Susan B. Anthony Pro-Life America, said the group had its own concerns about Kennedy. “There’s no question that we need a pro-life HHS secretary,” she said. Fox News correspondent Marty Makary is Trump’s pick to lead the FDA, which plays a critical role in access to medication abortion and contraception. Abortion rights groups have accused him of sharing misinformation about abortion on air. Russell Vought , a staunch anti-abortion conservative, has been nominated for director of the Office of Management and Budget. Vought was a key architect of Project 2025 , a right-wing blueprint for running the federal government. Among other actions to limit reproductive rights, it calls for eliminating access to medication abortion nationwide, cutting Medicaid funding for abortion and restricting access to contraceptive care, especially long-acting reversible contraceptives such as IUD’s. Despite distancing himself from the conservative manifesto on the campaign trail, Trump is stocking his administration with people who played central roles in developing Project 2025. Trump acknowledged that drafters of the report would be part of his incoming administration during the Sunday interview with NBC News, saying “Many of those things I happen to agree with.” “These cabinet appointments all confirm that Project 2025 was in fact the blueprint all along, and the alarm we saw about it was warranted,” said Amy Williams Navarro, director of government relations for Reproductive Freedom for All. Dr. Mehmet Oz , Trump’s choice to lead the Centers for Medicare and Medicaid Services, is a former television talk show host who has been accused of hawking dubious medical treatments and products. He voiced contradictory abortion views during his failed Senate run in 2022. Oz has described himself as “strongly pro-life, praised the Supreme Court decision overturning Roe v. Wade , claimed “life starts at conception” and referred to abortion as “murder.” But he also has echoed Trump’s states-rights approach, arguing the federal government should not be involved in abortion decisions. “I want women, doctors, local political leaders, letting the democracy that’s always allowed our nation to thrive to put the best ideas forward so states can decide for themselves,” he said during a Senate debate two years ago. An array of reproductive rights groups opposed his Senate run. As CMS administrator, Oz would be in a key position to determine Medicaid coverage for family planning services and investigate potential EMTALA violations. Related Articles National Politics | In promising to shake up Washington, Trump is in a class of his own National Politics | Election Day has long passed. In some states, legislatures are working to undermine the results National Politics | Trump taps his attorney Alina Habba to serve as counselor to the president National Politics | Val McCullough: Small gestures can bring about significant changes National Politics | With Trump on the way, advocates look to states to pick up medical debt fight As Florida’s attorney general, Pam Bondi defended abortion restrictions, including a 24-hour waiting period. Now she’s Trump’s choice for attorney general . Her nomination is being celebrated by abortion opponents but denounced by abortion rights groups concerned she may revive the Comstock Act , an anti-vice law passed by Congress in 1873 that, among other things, bans mailing of medication or instruments used in abortion. An anti-abortion and anti-vaccine former Florida congressman, David Weldon, has been chosen to lead the Centers for Disease Control and Prevention, which collects and monitors abortion data across the country. Former Republican congressman Doug Collins is Trump’s choice to lead the Department of Veterans Affairs amid a political battle over abortion access and funding for troops and veterans. Collins voted consistently to restrict funding and access to abortion and celebrated the overturning of Roe v. Wade. “This is a team that the pro-life movement can work with,” said Kristin Hawkins, president of the national anti-abortion organization Students for Life.
NEW YORK--(BUSINESS WIRE)--Dec 9, 2024-- Braze (Nasdaq: BRZE) the leading customer engagement platform that empowers brands to Be Absolutely EngagingTM, today announced results for its fiscal quarter ended October 31, 2024. “We continued to execute in the third quarter, delivering strong revenue growth and operating leverage while maintaining steady investment in our product, our ecosystem, and our go-to-market motion to continue positioning Braze as the leading cross-channel customer engagement platform,” said Bill Magnuson, Cofounder and CEO of Braze. “We are confidently on track to meet our profitability targets for the fiscal fourth quarter of and full fiscal year 2025, and continue to focus on driving growth through customer engagement innovations that empower our customers to create more valuable customer experiences.” Fiscal Third Quarter 2025 Financial Highlights Recent Business Highlights Financial Outlook Braze is initiating guidance for the fiscal fourth quarter ending January 31, 2025 and updating guidance for the fiscal year ending January 31, 2025. Braze has not reconciled its guidance as to non-GAAP operating income (loss), non-GAAP net income or non-GAAP net income per share to their most directly comparable GAAP measure as a result of uncertainty regarding, and the potential variability of, reconciling items such as stock-based compensation expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in Braze’s stock price. Accordingly, reconciliations are not available without unreasonable effort, although it is important to note that these factors could be material to Braze’s results calculated in accordance with GAAP. Conference Call Information: What: Braze Third Quarter Fiscal Year 2025 Financial Results Conference Call When: Monday, December 9th at 4:30 pm EST / 1:30 pm PST Webcast & Supplemental Data: investors.braze.com Replay: A webcast replay will be available on Braze’s investor site at investors.braze.com . Supplemental and Other Financial Information Supplemental information, including an accompanying financial presentation and other information can be accessed through Braze’s investor website at investors.braze.com . Non-GAAP Financial Measures This press release and the accompanying tables contain the following non-GAAP financial measures: non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating income (loss), non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per share, basic and diluted, and non-GAAP free cash flow. Braze defines non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating income (loss), non-GAAP operating margin, and non-GAAP net income (loss) as the respective GAAP balances, adjusted for stock-based compensation expense, employer taxes related to stock-based compensation, charitable contribution expense, contingent consideration adjustments, acquisition related expense, amortization of intangible assets, and restructuring expense. Prior to the fourth quarter of the fiscal year ended January 31, 2024, Braze did not adjust non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating income (loss), non-GAAP operating margin or non-GAAP net income (loss) for contingent consideration adjustments, because there were no such adjustments in prior periods. Braze defines non-GAAP free cash flow as net cash provided by/(used in) operating activities, minus purchases of property and equipment and minus capitalized internal-use software costs. Investors are encouraged to review the reconciliation of these historical non-GAAP financial measures to their most directly comparable GAAP financial measures. Braze uses this non-GAAP financial information internally in analyzing its financial results and believes that this non-GAAP financial information, when taken collectively with GAAP financial measures, may be helpful to investors because it provides consistency and comparability with past financial performance and assists in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their GAAP results. The non-GAAP financial information is presented for supplemental informational purposes only, and should not be considered a substitute for financial information presented in accordance with generally accepted accounting principles in the United States (GAAP), and may be different from similarly-titled non-GAAP measures used by other companies. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses that are required by GAAP to be recorded in Braze’s financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgment by Braze’s management about which expenses are excluded or included in determining these non-GAAP financial measures. A reconciliation is provided below in the financial statement tables included below in this press release for each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. Braze encourages investors to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures, which it includes in press releases announcing quarterly and fiscal year financial results, including this press release, and not to rely on any single financial measure to evaluate Braze’s business. Definition of Other Business Metrics Customer : Braze defines a customer, as of period end, as the separate and distinct, ultimate parent-level entity that has an active subscription with Braze to use its products. A single organization could have multiple distinct contracting divisions or subsidiaries, all of which together would be considered a single customer. Annual Recurring Revenue (ARR) : Braze defines ARR as the annualized value of customer subscription contracts, including certain premium professional services that are subject to contractual subscription terms, as of the measurement date, assuming any contract that expires during the next 12 months is renewed on its existing terms (including contracts for which Braze is negotiating a renewal). Braze’s calculation of ARR is not adjusted for the impact of any known or projected future events (such as customer cancellations, expansion or contraction of existing customers relationships or price increases or decreases) that may cause any such contract not to be renewed on its existing terms. ARR may decline or fluctuate as a result of a number of factors, including customers’ satisfaction or dissatisfaction with Braze’s products and professional services, pricing, competitive offerings, economic conditions or overall changes in Braze’s customers’ spending levels. ARR should be viewed independently of revenue and does not represent Braze’s GAAP revenue on an annualized basis or a forecast of revenue, as it is an operating metric that can be impacted by contract start and end dates and renewal rates. Dollar-Based Net Retention Rate : Braze calculates dollar-based net retention rate as of a period end by starting with the ARR from a cohort of customers as of 12 months prior to such period-end (the Prior Period ARR). Braze then calculates the ARR from the same cohort of customers as of the end of the current period (the Current Period ARR). Current Period ARR includes any expansion and is net of contraction or attrition over the last 12 months, but excludes ARR from new customers in the current period. Braze then divides the total Current Period ARR by the total Prior Period ARR to arrive at the point-in-time dollar-based net retention rate. Braze then calculates the weighted average point-in-time dollar-based net retention rates as of the last day of each month in the current trailing 12-month period to arrive at the dollar-based net retention rate. Remaining Performance Obligations: The transaction price allocated to remaining performance obligations represents amounts under non-cancelable contracts expected to be recognized as revenue in future periods, and may be influenced by several factors, including seasonality, the timing of renewals, the timing of service delivery and contract terms. Unbilled portions of the remaining performance obligation are subject to future economic risks including bankruptcies, regulatory changes and other market factors. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding Braze’s financial outlook for the fourth quarter of and the full fiscal year ended January 31, 2025. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “goal,” “hope,” “intend,” “may,” might,” “potential,” “predict,” “project,” “shall,” “should,” “target,” “will,” and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on Braze’s current assumptions, expectations and beliefs and are subject to substantial risks, uncertainties, assumptions and changes in circumstances that may cause Braze’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, risks and uncertainties related to: (1) unstable market and economic conditions may have serious adverse consequences on Braze’s business, financial condition and share price; (2) Braze’s recent rapid revenue growth may not be indicative of its future revenue growth; (3) Braze’s history of operating losses; (4) Braze’s limited operating history at its current scale; (5) Braze’s ability to successfully manage its growth; (6) the accuracy of estimates of market opportunity and forecasts of market growth and the impact of global and domestic socioeconomic events on Braze’s business; (7) Braze’s ability and the ability of its platform to adapt and respond to changing customer or consumer needs, requirements or preferences; (8) Braze’s ability to attract new customers and renew existing customers; (9) the competitive markets in which Braze participates and the intense competition that it faces; (10) Braze’s ability to adapt and respond effectively to rapidly changing technology, evolving cybersecurity and data privacy risks, evolving industry standards or changing regulations; and (11) Braze’s reliance on third-party providers of cloud-based infrastructure; as well as other risks and uncertainties discussed in the “Risk Factors” section of Braze’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on April 1, 2024 and other subsequent filings Braze makes with the SEC from time to time, including Braze’s Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2024 that will be filed with the SEC. The forward-looking statements included in this press release represent Braze’s views only as of the date of this press release and Braze assumes no obligation, and does not intend to update these forward-looking statements, except as required by law. About Braze Braze is the leading customer engagement platform that empowers brands to Be Absolutely Engaging.TM Braze allows any marketer to collect and take action on any amount of data from any source, so they can creatively engage with customers in real time, across channels from one platform. From cross-channel messaging and journey orchestration to Al-powered experimentation and optimization, Braze enables companies to build and maintain absolutely engaging relationships with their customers that foster growth and loyalty. The company has been recognized as a 2024 U.S. News Best Technology Companies to Work For, is a 2023 UK Best Workplace for Women by Great Place to Work, and was named a Leader by Gartner® in the 2024 Magic QuadrantTM for Multichannel Marketing Hubs and in The Forrester WaveTM: Cross-Channel Marketing Hubs, Q1 2023. Braze is headquartered in New York with 10+ offices across North America, Europe, and APAC. Learn more at braze.com . Braze uses its Investor website at investors.braze.com 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 its investor relations website in addition to following its press releases, blog posts on its website (braze.com), SEC filings and public conference calls and webcasts. Selected Financial Data (1) Includes stock-based compensation as follows: (2) Includes employer taxes related to stock-based compensation as follows: (3) Includes 1% Pledge charitable donation expense as follows: (4) Includes acquisition related expense as follows: (5) Includes amortization of intangible assets acquired in the acquisition expense as follows: (6) Includes restructuring related expense as follows: (7) Includes adjustment to the fair value of the contingent consideration liability as follows: Source: Braze, Inc. Braze is a registered trademark of Braze, Inc. All product and company names herein may be trademarks of their registered owners. View source version on businesswire.com : https://www.businesswire.com/news/home/20241209508572/en/ CONTACT: Investors: Christopher Ferris IR@braze.com (609) 964-0585Media: Meghan Halaszynski Press@braze.com KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY MARKETING ADVERTISING COMMUNICATIONS SOFTWARE NETWORKS INTERNET DIGITAL MARKETING DATA MANAGEMENT ARTIFICIAL INTELLIGENCE SOURCE: Braze Copyright Business Wire 2024. PUB: 12/09/2024 04:05 PM/DISC: 12/09/2024 04:06 PM http://www.businesswire.com/news/home/20241209508572/enAP News Summary at 4:45 p.m. EST
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PHOENIX — If there was a Mount Rushmore of Arizona business, Go Daddy founder Bob Parsons would no doubt be on it. He pulled himself out of a rough Baltimore neighborhood, fought in the jungles of Vietnam, and then worked his way to founding one of the most iconic companies in the state's history. He tells his story in a new book called Fire In The Hole. 12News journalist Troy Hayden sat down with Parsons to discuss his journey as a businessman, his life and his new book. Parsons told Hayden he grew up in a poor family in East Baltimore with a chronically absent father and a mother who, he says, likely suffered from a kind of nervous breakdown. "She would take her head and start pounding it into the wall and then she would then reach up and grab her hair, start pouring it out of her head in clumps, Parsons said. "Then she looked at me and she must start making these noises like an animal... she was in such pain." That pain was made worse by his family's financial struggles. "I said, dear God, when I grow up if I have a family, I promise you, they will always have what they need," Parsons said. Parsons enlisted in the U.S. Marine Corps when he was 17 and was sent to fight in the rice paddies of Vietnam. Hours before his first ambush patrol, he had an epiphany. "When you start to worry about how you're gonna survive, it's a pretty dark moment," Parsons said. "I had I think an anxiety attack, a little one, you know, kind of hard to breathe, you know, that clammy. And then it occurred to me, you know, gradually that I was gonna die there. And so I gave myself up for dead." And he almost did die while on patrol: Parsons was severely injured by a mine and earned a Purple Heart. He now keeps his Marine medals on his wall and says the Marine Corps is where he learned the discipline he held onto when he first started in tech. Another thing Parsons has held onto? The old IBM computer he used when he worked 60-hour shifts to create Parsons Technology, an early software company. He dubbed the computer "Cinderella." "This is a woman I spent probably 20 hours a day with for a long time. My sweetheart, Cinderella," Parsons told Hayden with a smile. Parson sold that company and used the profits to start Go Daddy, which registered internet domain names. But the start-up struggled and Parsons' seed money was quickly drying up. While taking a trip to Hawaii to think about and decide the fate of his company, Parsons had another epiphany. "This guy who'd come by to park cars for me, and the guy's my age and he's really happy," Parsons said. "I just thought, you know, this guy is something. I mean, this guy probably has nothing, He's parking cars, right, and look how happy he is. Me, I've... got $6 million and I'm miserable. So it was right then I decided that I'd go back home and I wouldn't shut the company down. And if I went broke, the company went broke, I'd go broke with it." Just like Vietnam, Parsons decided to accept whatever fate awaited him. But as luck would have it, his fate wasn't an ending — it was just the beginning. Go Daddy began turning a profit and then got a huge lift when they created the now infamous edgy Super Bowl commercial. Parsons shrewdly let everybody know what happened — that the network had basically banned the commercial — and the resulting publicity made Go Daddy a household name. "I did interviews for a week... from sun up to sundown. The Go Daddy girl was on every possible show," Parsons said. Go Daddy's profile continued to rise after Parsons hired race car driver, Danica Patrick, for a series of commercials. Parsons then sold just a portion of Go Daddy for over $2 billion. He didn't have to ever work again. RELATED: Who are the richest people in Arizona? The answer may surprise you. But soon he took an interest in the golf business. When he asked, then-PING golf club designer Mike Nicolette, why golf clubs didn't seem to improve much year to year, Nicolette answered that he was hampered by cost restrictions and time. "I said, do you think if you had as much time as you possibly had to design clubs and... you had money to spend where you need it, you didn't have no limitations there, that you could make a better club?" Parsons said. "He goes, 'I'd sure like to try.'" Parsons hired Nicolete from PING and created PXG a high-end golf and apparel company that's seen as a disruptor in the golf business and it's growing in market share. The clubs are designed right here in the Valley and Bob's wife Renee Parsons is the company's chief marketing officer. When Hayden asked him what he thinks the key is to running a successful business, he said you have to love what you do. "No good deed goes unthanked, you have a few of those moments, but you get past those in a little bit," Parsons said. "I'm a happy guy." You can now watch 12News content anytime, anywhere thanks to the 12News+ app! The free 12News+ app from 12News lets users stream live events — including daily newscasts like "Today in AZ" and "12 News" and our daily lifestyle program, "Arizona Midday"—on Roku and Amazon Fire TV . 12News+ showcases live video throughout the day for breaking news, local news, weather and even an occasional moment of Zen showcasing breathtaking sights from across Arizona. Users can also watch on-demand videos of top stories, local politics, I-Team investigations, Arizona-specific features and vintage videos from the 12News archives. Roku: Add the channel from the Roku store or by searching for "12 News KPNX." Amazon Fire TV: Search for "12 News KPNX" to find the free 12News+ app to add to your account , or have the 12News+ app delivered directly to your Amazon Fire TV through Amazon.com or the Amazon app. Up to Speed Catch up on the latest news and stories on the 12News YouTube channel. Subscribe today.SAN DIEGO (AP) — SAN DIEGO (AP) — Genasys Inc. (GNSS) on Monday reported a loss of $11.4 million in its fiscal fourth quarter. The San Diego-based company said it had a loss of 26 cents per share. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share. The developer of directed sound technologies used by the military and police posted revenue of $6.7 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $9 million. For the year, the company reported a loss of $31.7 million, or 72 cents per share. Revenue was reported as $24 million. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on GNSS at https://www.zacks.com/ap/GNSSEagle-eyed viewers spot Tulisa was eager to remove 'all traces' of I'm A CelebODU_Henicle 92 run (Sanchez kick), 11:37. ODU_Young 1 run (Sanchez kick), 5:43. ARST_Rucker 36 pass from Raynor (Van Andel kick), :58. ODU_Young 24 run (Sanchez kick), 5:58. ARST_M.Stevenson 15 pass from Raynor (Van Andel kick), 1:54. ODU_Conroy 8 pass from Henicle (kick failed), 11:40. ARST_C.Jackson 35 pass from Raynor (Van Andel kick), 8:58. ODU_Conroy 75 pass from Henicle (kick failed), 8:46. ODU_Henicle 1 run (Sanchez kick), 4:48. ARST_Z.Wallace 10 run (Rucker pass from Raynor), :23. ARST_FG Van Andel 26, 6:03. RUSHING_Old Dominion, Henicle 19-206, Young 23-119, Roche 7-85, T.Sims 1-1, (Team) 2-(minus 5). Arkansas St., Z.Wallace 15-89, Cross 9-52, Raynor 15-8. PASSING_Old Dominion, Henicle 9-12-0-143. Arkansas St., Raynor 22-36-1-261. RECEIVING_Old Dominion, Conroy 4-90, Young 2-39, Paige 1-12, Alston 1-5, Roche 1-(minus 3). Arkansas St., Rucker 8-115, Stevenson 4-49, A.Jones 4-40, C.Jackson 2-35, Cross 2-8, McCrumby 1-9, Ealy 1-5. MISSED FIELD GOALS_None.
Will Texas A&M deploy on-field loudspeakers for UT rivalry game? - ChronFRISCO, Texas -- CeeDee Lamb 's season is over with two games to play in the Dallas Cowboys ' season. Lamb, who has dealt with a sprained AC joint in his shoulder since a Nov. 3 loss to the Atlanta Falcons , aggravating it almost weekly, had more exams and scans this week that showed the injury had worsened. With the Cowboys officially eliminated from the playoffs, the Cowboys made the decision to sit their No. 1 wide receiver. In a statement, the team said he is not expected to need surgery and should make a full recovery through a "process of treatment and rehabilitation." Editor's Picks Jones: Discussions with McCarthy about future 2d Todd Archer Week 17 NFL Power Rankings: 1-32 poll, plus every team's rookie of the year 2d NFL Nation Texans' H-Town blue look tops NFL's Week 17 uniforms 1d Anthony Gharib Lamb becomes the Cowboys' fifth Pro Bowler to have his season end early because of injury, joining quarterback Dak Prescott (hamstring), right guard Zack Martin (ankle), defensive end DeMarcus Lawrence (foot) and cornerback Trevon Diggs (knee). Pro Bowl cornerback DaRon Bland spent the first 10 games of the season on injured reserve before returning from surgery on his left foot Nov. 24. Pro Bowl pass rusher Micah Parsons missed four games earlier in the year with a high ankle sprain but did not go to IR. Lamb, who signed a four-year, $136 million extension in August that made him the second-highest-paid receiver in the NFL (behind Justin Jefferson ), is second in the NFL in receptions with 101 and third in yards with 1,194, despite playing the last seven games with backup quarterback Cooper Rush after Prescott's injury. Lamb has posted back-to-back 100-yard games against the Carolina Panthers and Tampa Bay Buccaneers , reaching triple figures in the first half of both. After a 52-yard reception in the second quarter last week against the Buccaneers in which he landed on his shoulder, Lamb's snaps were limited in the second half. The Cowboys altered their practice schedule this week because of Christmas. Thursday was their first full workout of the week leading into Sunday's game against the Philadelphia Eagles . Replacing Lamb will be difficult. Brandin Cooks and Jalen Tolbert will be their top two wide receivers with Jonathan Mingo , Ryan Flournoy and Jalen Brooks on the 53-man roster. The Cowboys could elevate Jalen Cropper or Kelvin Harmon from the practice squad. Lamb became just the third player in NFL history with 100 receptions in three of his first five seasons, joining Michael Thomas and Brandon Marshall. Only Thomas (510) has more receptions in a player's first five seasons than Lamb's 496.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 All of the I'm A Celebrity...Get Me Out Of Here! campmates will take part in the next Bushtucker Trial. The contestants of the jungle show traditionally face a public vote to decide which of them will face a grisly task to earn meals for camp, but on Saturday night, 23 November, both the ordinary camp and the Jungle Junkyard will take part. Host Ant McPartlin ramped up the excitement at the end of Friday's episode, teasing: "How exciting, I bet they can't wait to come face to face with Richard, Maura, and Dean. Let's see how they react when the secret of The Junkyard comes out!" It was confirmed on the series' new spin-off show, I'm A Celebrity..Unpacked, that the trial will be an eating challenge. I’m A Celeb fans will welcome the return of the eating challenge as many have taken to social media wondering why a proper eating trial hasn’t happened yet. “We’ve now had 4 trials and none of them have been an eating trial, just seems kinda strange as there is usually one in the first 4 or so,” said one viewer. "Has it only been like 4 days, and it started with a gross milkshake," wrote another, referring to the drinks that some of the celebrities had to gulp down before joining the race to the camp during the first episode. Love Island alum Maura Higgins and Rev Richard Coles have been secretly living in luxury in their camp, the Jungle Junkyard, since their late arrival. However, the rest of the camp think they are roughing it and have given them some of their food, and even one of their beds. Radio DJ Dean McCullough got clued in on the real conditions of the Jungle Junkyard after being invited to join the luxury hideaway during Friday's show after his trial with Danny Jones. However, the others are starting to sniff out the truth. Coleen Rooney, after delivering some grub to her fellow stars in the second camp, couldn't help but get suspicious. After returning to main camp, she said: "Dean had the same face on as Maura had on yesterday. I thought he just thought he looked more content than I thought he would be with the junkyard environment. They were hiding something from us." TikTok sensation and Loose Women regular, GK Barry, is also on a mission to "get to the bottom" of the mysterious happenings. After Coleen aired her suspicions, GK said: "She noticed some weird changes in The Junkyard, we are gonna get to the bottom of this because I don't like being lied to. I am not a mug!"
NEW YORK - Wall Street’s main indexes finished lower on Dec 9, fueled by a decline in AI leader Nvidia that weighed on tech stocks, as investors looked ahead to a crucial inflation report set for later this week. Nvidia fell after China’s market regulator launched an investigation into the chipmaker over suspected violation of antimonopoly law, dragging down the information technology sector. Advanced Micro Devices slipped after BofA Global Research downgraded its rating on the stock, weighing on the Philadelphia Semiconductor Index. “The market was taken a bit by surprise regarding China’s investigating (Nvidia) as a possible antimonopoly-law violation. So that’s one thing that’s putting a little damper on the market,” said Sam Stovall, chief investment strategist at CFRA Research in New York. According to preliminary data, the S&P 500 lost 35.69 points, or 0.60 per cent, to end at 6,053.68 points, while the Nasdaq Composite lost 123.08 points, or 0.62 per cent, to 19,736.69. The Dow Jones Industrial Average fell 226.14 points, or 0.51 per cent, to 44,416.38. Comcast declined after forecasting a loss of more than 100,000 broadband subscribers in the fourth quarter, denting the communication services sector. Shares of Hershey soared following a report that Cadbury parent Mondelez was exploring an acquisition of the chocolate maker. Mondelez shares fell. Investors are anticipating the consumer price index (CPI) data set for release on Wednesday, along with the producer price index (PPI) on Thursday, ahead of the Federal Reserve’s meeting on Dec. 17-18. Bets of a 25-basis-point rate cut at the upcoming meeting shot up to more than 85 per cent after data on Friday showed a rise in the unemployment rate to 4.2 per cent in November, indicating an easing labor market. Several Fed officials, including Chair Jerome Powell, emphasised caution regarding the central bank’s approach to easing monetary policy due to the economy’s resilience. Wall Street’s main indexes started December on a positive note, with the benchmark S&P 500 and the tech-heavy Nasdaq both gaining in their first week, while the blue-chip Dow ended the week slightly lower. us stocks soared in November after Donald Trump won the presidential election and his party secured control of both houses of Congress, raising expectations for a more business-friendly policy agenda. REUTERS
Trump team signs agreement to allow Justice to conduct background checks on nominees, staff
Nordson executive vice president sells $82,657 in stockEAST TENNESSEE STATE 79, AUSTIN PEAY 57
Ghana's opposition leader John Mahama officially won the country's election on Monday, easily defeating the ruling party candidate after voters punished the government's economic management and high living costs. Mahama won 56 percent of the votes in Saturday's presidential ballot, compared to the ruling party candidate and Vice President Mahamudu Bawumia, who secured 41 percent, the electoral commission said announcing official results. The landslide comeback for former president Mahama ended eight years in power for the New Patriotic Party (NPP) under President Nana Akufo-Addo, whose last term was marked by Ghana's worst economic turmoil in years, an IMF bailout and a debt default. "These eight years have witnessed some of the darkest periods of our governance," Mahama told crowds of supporters blowing horns and whistles in his party office in Accra. "This mandate also serves as a constant reminder of what fate awaits us if we fail to meet the aspirations of our people." Bawumia, a former central banker, had already quickly conceded defeat on Sunday, acknowledging Ghanaians wanted change after the government failed to shake off widespread frustration. Bawumia also said the Mahama's National Democratic Congress (NDC) party had won the parliamentary vote in Saturday's election. Official results for the parliament are still being tallied. Mahama, 66, had previously failed twice to secure the presidency, but in Saturday's election he managed to tap into expectations of change among Ghanaians. He promised to "reset" Ghana, usher in economic revival and renegotiate parts of the country's $3 billion IMF accord. In his acceptance speech, Mahama promised reforms and "severe" measures to bring Ghana back on track. "The journey is not going to be easy... because the outgoing government has plunged our dear nation into the abyss," he said. "I am certain that we shall win the battle." With a history of democratic stability, Ghana's two major parties, the NPP and NDC, have alternated in power equally since the return to multi-party politics in 1992. But Ghana's economic woes dominated the 2024 election, after the continent's top gold producer and world's second cacao exporter went through a debt crisis, the default and currency devaluation. Turnout for Saturday election was 60.9 percent, a slide in participation from 79 percent in the 2020 election, results showed. With a slogan "Break the 8" -- a reference to two, four-year terms in power -- Bawumia had sought to take the NPP to an unprecedented third mandate. But he struggled to break from criticism of Akufo-Addo's economic record. While inflation slowed from more than 50 percent to around 23 percent, and other indicators stabilised, economic concerns were still a clear election issue for most Ghanaians. That frustration opened the way for a comeback from Mahama, who first came to the presidency in 2012 when he was serving as vice president and then President John Atta Mills died in office. During campaigning, the former president also faced criticism from those who remember his government's own financial tribulations and especially the massive power blackouts that marred his time in office.GEORGE TOWN, Cayman Islands (AP) — Javan Buchanan's 28 points off of the bench led Boise State to an 83-82 victory against South Dakota State on Monday. Buchanan went 11 of 17 from the field (4 for 8 from 3-point range) for the Broncos (5-1). Alvaro Cardenas Torre added 16 points while going 6 of 13 (3 for 6 from 3-point range) while they also had seven assists. Julian Bowie went 4 of 4 from the field (3 for 3 from 3-point range) to finish with 13 points. Oscar Cluff finished with 19 points and 14 rebounds for the Jackrabbits (5-2). Joe Sayler added 19 points for South Dakota State. Kalen Garry had 13 points and five assists. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Eli Lilly announces $15 billion buyback, dividend hike
S&P/TSX composite down Monday, U.S. markets also move lowerEl presidente electo de Estados Unidos, Donald Trump, sube al escenario para pronunciar un discurso en los FOX Nation Patriot Awards, el 5 de diciembre de 2024, en Greenvale, Nueva York. (AP Foto/Heather Khalifa) FILE – Robert F. Kennedy, Jr., speaks before Republican presidential nominee former President Donald Trump at a campaign event, Sept. 27, 2024 in Walker, Mich. (AP Photo/Carlos Osorio) FILE – Former Florida Attorney General Pam Bondi, speaks before Republican presidential nominee former President Donald Trump at a campaign rally at First Horizon Coliseum, Nov. 2, 2024, in Greensboro, NC. (AP Photo/Alex Brandon, File) FILE – Mehmet Oz visits the AW Driving School & License Testing Center in Allentown, Pa., Sept. 23, 2022. (AP Photo/Matt Rourke, File) FILE – Former Rep. Doug Collins speaks before Republican presidential nominee former President Donald Trump at a campaign event at the Cobb Energy Performing Arts Centre, Oct. 15, 2024, in Atlanta. (AP Photo/John Bazemore, File) El presidente electo de Estados Unidos, Donald Trump, sube al escenario para pronunciar un discurso en los FOX Nation Patriot Awards, el 5 de diciembre de 2024, en Greenvale, Nueva York. (AP Foto/Heather Khalifa) By CHRISTINE FERNANDO CHICAGO (AP) — As Donald Trump’s Cabinet begins to take shape, those on both sides of the abortion debate are watching closely for clues about how his picks might affect reproductive rights policy in the president-elect’s second term . Trump’s cabinet picks offer a preview of how his administration could handle abortion after he repeatedly flip-flopped on the issue on the campaign trail. He attempted to distance himself from anti-abortion allies by deferring to states on abortion policy, even while boasting about nominating three Supreme Court justices who helped strike down the constitutional protections for abortion that had stood for half a century. In an NBC News interview that aired Sunday, Trump said he doesn’t plan to restrict medication abortion but also seemed to leave the door open, saying “things change.” “Things do change, but I don’t think it’s going to change at all,” he said. The early lineup of his new administration , including nominations to lead health agencies, the Justice Department and event the Department of Veterans Affairs, has garnered mixed — but generally positive — reactions from anti-abortion groups. Abortion law experts said Trump’s decision to include fewer candidates with deep ties to the anti-abortion movement could indicate that abortion will not be a priority for Trump’s administration. “It almost seems to suggest that President Trump might be focusing his administration in other directions,” said Greer Donley, an associate law professor at the University of Pittsburgh School of Law. Karen Stone, vice president of public policy at Planned Parenthood Action Fund , said while many of the nominees have “extensive records against reproductive health care,” some do not. She cautioned against making assumptions based on Trump’s initial cabinet selections. Still, many abortion rights groups are wary, in part because many of the nominees hold strong anti-abortion views even if they do not have direct ties to anti-abortion activists. They’re concerned that an administration filled with top-level officials who are personally opposed to abortion could take steps to restrict access to the procedure and funding. After Trump’s ambiguity about abortion during his campaign, “there’s still a lot we don’t know about what policy is going to look like,” said Mary Ruth Ziegler, a law professor at the University of California, Davis School of Law. That approach may be revealed as the staffs within key departments are announced. Trump announced he would nominate anti-vaccine activist Robert F. Kennedy Jr. to lead the Health and Human Services Department, which anti-abortion forces have long targeted as central to curtailing abortion rights nationwide. Yet Kennedy shifted on the issue during his own presidential campaign. In campaign videos, Kennedy said he supports abortion access until viability , which doctors say is sometime after 21 weeks, although there is no defined timeframe. But he also said “every abortion is a tragedy” and argued for a national ban after 15 weeks of pregnancy, a stance he quickly walked back. The head of Health and Human Services oversees Title X funding for a host of family planning services and has sweeping authority over agencies that directly affect abortion access, including the Food and Drug Administration and Centers for Medicare and Medicaid Services. The role is especially vital amid legal battles over a federal law known as EMTALA, which President Joe Biden’s administration has argued requires emergency abortion access nationwide, and FDA approval of the abortion pill mifepristone. Mini Timmaraju, president of the national abortion rights organization Reproductive Freedom for All, called Kennedy an “unfit, unqualified extremist who cannot be trusted to protect the health, safety and reproductive freedom of American families.” His potential nomination also has caused waves in the anti-abortion movement. Former Vice President Mike Pence , a staunch abortion opponent, urged the Senate to reject Kennedy’s nomination. Marjorie Dannenfelser, president of the national anti-abortion group Susan B. Anthony Pro-Life America, said the group had its own concerns about Kennedy. “There’s no question that we need a pro-life HHS secretary,” she said. Fox News correspondent Marty Makary is Trump’s pick to lead the FDA, which plays a critical role in access to medication abortion and contraception. Abortion rights groups have accused him of sharing misinformation about abortion on air. Russell Vought , a staunch anti-abortion conservative, has been nominated for director of the Office of Management and Budget. Vought was a key architect of Project 2025 , a right-wing blueprint for running the federal government. Among other actions to limit reproductive rights, it calls for eliminating access to medication abortion nationwide, cutting Medicaid funding for abortion and restricting access to contraceptive care, especially long-acting reversible contraceptives such as IUD’s. Despite distancing himself from the conservative manifesto on the campaign trail, Trump is stocking his administration with people who played central roles in developing Project 2025. Trump acknowledged that drafters of the report would be part of his incoming administration during the Sunday interview with NBC News, saying “Many of those things I happen to agree with.” “These cabinet appointments all confirm that Project 2025 was in fact the blueprint all along, and the alarm we saw about it was warranted,” said Amy Williams Navarro, director of government relations for Reproductive Freedom for All. Dr. Mehmet Oz , Trump’s choice to lead the Centers for Medicare and Medicaid Services, is a former television talk show host who has been accused of hawking dubious medical treatments and products. He voiced contradictory abortion views during his failed Senate run in 2022. Oz has described himself as “strongly pro-life, praised the Supreme Court decision overturning Roe v. Wade , claimed “life starts at conception” and referred to abortion as “murder.” But he also has echoed Trump’s states-rights approach, arguing the federal government should not be involved in abortion decisions. “I want women, doctors, local political leaders, letting the democracy that’s always allowed our nation to thrive to put the best ideas forward so states can decide for themselves,” he said during a Senate debate two years ago. An array of reproductive rights groups opposed his Senate run. As CMS administrator, Oz would be in a key position to determine Medicaid coverage for family planning services and investigate potential EMTALA violations. Related Articles National Politics | In promising to shake up Washington, Trump is in a class of his own National Politics | Election Day has long passed. In some states, legislatures are working to undermine the results National Politics | Trump taps his attorney Alina Habba to serve as counselor to the president National Politics | Val McCullough: Small gestures can bring about significant changes National Politics | With Trump on the way, advocates look to states to pick up medical debt fight As Florida’s attorney general, Pam Bondi defended abortion restrictions, including a 24-hour waiting period. Now she’s Trump’s choice for attorney general . Her nomination is being celebrated by abortion opponents but denounced by abortion rights groups concerned she may revive the Comstock Act , an anti-vice law passed by Congress in 1873 that, among other things, bans mailing of medication or instruments used in abortion. An anti-abortion and anti-vaccine former Florida congressman, David Weldon, has been chosen to lead the Centers for Disease Control and Prevention, which collects and monitors abortion data across the country. Former Republican congressman Doug Collins is Trump’s choice to lead the Department of Veterans Affairs amid a political battle over abortion access and funding for troops and veterans. Collins voted consistently to restrict funding and access to abortion and celebrated the overturning of Roe v. Wade. “This is a team that the pro-life movement can work with,” said Kristin Hawkins, president of the national anti-abortion organization Students for Life.
NEW YORK--(BUSINESS WIRE)--Dec 9, 2024-- Braze (Nasdaq: BRZE) the leading customer engagement platform that empowers brands to Be Absolutely EngagingTM, today announced results for its fiscal quarter ended October 31, 2024. “We continued to execute in the third quarter, delivering strong revenue growth and operating leverage while maintaining steady investment in our product, our ecosystem, and our go-to-market motion to continue positioning Braze as the leading cross-channel customer engagement platform,” said Bill Magnuson, Cofounder and CEO of Braze. “We are confidently on track to meet our profitability targets for the fiscal fourth quarter of and full fiscal year 2025, and continue to focus on driving growth through customer engagement innovations that empower our customers to create more valuable customer experiences.” Fiscal Third Quarter 2025 Financial Highlights Recent Business Highlights Financial Outlook Braze is initiating guidance for the fiscal fourth quarter ending January 31, 2025 and updating guidance for the fiscal year ending January 31, 2025. Braze has not reconciled its guidance as to non-GAAP operating income (loss), non-GAAP net income or non-GAAP net income per share to their most directly comparable GAAP measure as a result of uncertainty regarding, and the potential variability of, reconciling items such as stock-based compensation expense specific to equity compensation awards that are directly impacted by unpredictable fluctuations in Braze’s stock price. Accordingly, reconciliations are not available without unreasonable effort, although it is important to note that these factors could be material to Braze’s results calculated in accordance with GAAP. Conference Call Information: What: Braze Third Quarter Fiscal Year 2025 Financial Results Conference Call When: Monday, December 9th at 4:30 pm EST / 1:30 pm PST Webcast & Supplemental Data: investors.braze.com Replay: A webcast replay will be available on Braze’s investor site at investors.braze.com . Supplemental and Other Financial Information Supplemental information, including an accompanying financial presentation and other information can be accessed through Braze’s investor website at investors.braze.com . Non-GAAP Financial Measures This press release and the accompanying tables contain the following non-GAAP financial measures: non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating income (loss), non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per share, basic and diluted, and non-GAAP free cash flow. Braze defines non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating income (loss), non-GAAP operating margin, and non-GAAP net income (loss) as the respective GAAP balances, adjusted for stock-based compensation expense, employer taxes related to stock-based compensation, charitable contribution expense, contingent consideration adjustments, acquisition related expense, amortization of intangible assets, and restructuring expense. Prior to the fourth quarter of the fiscal year ended January 31, 2024, Braze did not adjust non-GAAP gross profit and margin, non-GAAP sales and marketing expense, non-GAAP research and development expense, non-GAAP general and administrative expense, non-GAAP operating income (loss), non-GAAP operating margin or non-GAAP net income (loss) for contingent consideration adjustments, because there were no such adjustments in prior periods. Braze defines non-GAAP free cash flow as net cash provided by/(used in) operating activities, minus purchases of property and equipment and minus capitalized internal-use software costs. Investors are encouraged to review the reconciliation of these historical non-GAAP financial measures to their most directly comparable GAAP financial measures. Braze uses this non-GAAP financial information internally in analyzing its financial results and believes that this non-GAAP financial information, when taken collectively with GAAP financial measures, may be helpful to investors because it provides consistency and comparability with past financial performance and assists in comparisons with other companies, some of which use similar non-GAAP financial information to supplement their GAAP results. The non-GAAP financial information is presented for supplemental informational purposes only, and should not be considered a substitute for financial information presented in accordance with generally accepted accounting principles in the United States (GAAP), and may be different from similarly-titled non-GAAP measures used by other companies. The principal limitation of these non-GAAP financial measures is that they exclude significant expenses that are required by GAAP to be recorded in Braze’s financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgment by Braze’s management about which expenses are excluded or included in determining these non-GAAP financial measures. A reconciliation is provided below in the financial statement tables included below in this press release for each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. Braze encourages investors to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures, which it includes in press releases announcing quarterly and fiscal year financial results, including this press release, and not to rely on any single financial measure to evaluate Braze’s business. Definition of Other Business Metrics Customer : Braze defines a customer, as of period end, as the separate and distinct, ultimate parent-level entity that has an active subscription with Braze to use its products. A single organization could have multiple distinct contracting divisions or subsidiaries, all of which together would be considered a single customer. Annual Recurring Revenue (ARR) : Braze defines ARR as the annualized value of customer subscription contracts, including certain premium professional services that are subject to contractual subscription terms, as of the measurement date, assuming any contract that expires during the next 12 months is renewed on its existing terms (including contracts for which Braze is negotiating a renewal). Braze’s calculation of ARR is not adjusted for the impact of any known or projected future events (such as customer cancellations, expansion or contraction of existing customers relationships or price increases or decreases) that may cause any such contract not to be renewed on its existing terms. ARR may decline or fluctuate as a result of a number of factors, including customers’ satisfaction or dissatisfaction with Braze’s products and professional services, pricing, competitive offerings, economic conditions or overall changes in Braze’s customers’ spending levels. ARR should be viewed independently of revenue and does not represent Braze’s GAAP revenue on an annualized basis or a forecast of revenue, as it is an operating metric that can be impacted by contract start and end dates and renewal rates. Dollar-Based Net Retention Rate : Braze calculates dollar-based net retention rate as of a period end by starting with the ARR from a cohort of customers as of 12 months prior to such period-end (the Prior Period ARR). Braze then calculates the ARR from the same cohort of customers as of the end of the current period (the Current Period ARR). Current Period ARR includes any expansion and is net of contraction or attrition over the last 12 months, but excludes ARR from new customers in the current period. Braze then divides the total Current Period ARR by the total Prior Period ARR to arrive at the point-in-time dollar-based net retention rate. Braze then calculates the weighted average point-in-time dollar-based net retention rates as of the last day of each month in the current trailing 12-month period to arrive at the dollar-based net retention rate. Remaining Performance Obligations: The transaction price allocated to remaining performance obligations represents amounts under non-cancelable contracts expected to be recognized as revenue in future periods, and may be influenced by several factors, including seasonality, the timing of renewals, the timing of service delivery and contract terms. Unbilled portions of the remaining performance obligation are subject to future economic risks including bankruptcies, regulatory changes and other market factors. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding Braze’s financial outlook for the fourth quarter of and the full fiscal year ended January 31, 2025. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “goal,” “hope,” “intend,” “may,” might,” “potential,” “predict,” “project,” “shall,” “should,” “target,” “will,” and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are based on Braze’s current assumptions, expectations and beliefs and are subject to substantial risks, uncertainties, assumptions and changes in circumstances that may cause Braze’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, risks and uncertainties related to: (1) unstable market and economic conditions may have serious adverse consequences on Braze’s business, financial condition and share price; (2) Braze’s recent rapid revenue growth may not be indicative of its future revenue growth; (3) Braze’s history of operating losses; (4) Braze’s limited operating history at its current scale; (5) Braze’s ability to successfully manage its growth; (6) the accuracy of estimates of market opportunity and forecasts of market growth and the impact of global and domestic socioeconomic events on Braze’s business; (7) Braze’s ability and the ability of its platform to adapt and respond to changing customer or consumer needs, requirements or preferences; (8) Braze’s ability to attract new customers and renew existing customers; (9) the competitive markets in which Braze participates and the intense competition that it faces; (10) Braze’s ability to adapt and respond effectively to rapidly changing technology, evolving cybersecurity and data privacy risks, evolving industry standards or changing regulations; and (11) Braze’s reliance on third-party providers of cloud-based infrastructure; as well as other risks and uncertainties discussed in the “Risk Factors” section of Braze’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on April 1, 2024 and other subsequent filings Braze makes with the SEC from time to time, including Braze’s Quarterly Report on Form 10-Q for the fiscal quarter ended October 31, 2024 that will be filed with the SEC. The forward-looking statements included in this press release represent Braze’s views only as of the date of this press release and Braze assumes no obligation, and does not intend to update these forward-looking statements, except as required by law. About Braze Braze is the leading customer engagement platform that empowers brands to Be Absolutely Engaging.TM Braze allows any marketer to collect and take action on any amount of data from any source, so they can creatively engage with customers in real time, across channels from one platform. From cross-channel messaging and journey orchestration to Al-powered experimentation and optimization, Braze enables companies to build and maintain absolutely engaging relationships with their customers that foster growth and loyalty. The company has been recognized as a 2024 U.S. News Best Technology Companies to Work For, is a 2023 UK Best Workplace for Women by Great Place to Work, and was named a Leader by Gartner® in the 2024 Magic QuadrantTM for Multichannel Marketing Hubs and in The Forrester WaveTM: Cross-Channel Marketing Hubs, Q1 2023. Braze is headquartered in New York with 10+ offices across North America, Europe, and APAC. Learn more at braze.com . Braze uses its Investor website at investors.braze.com 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 its investor relations website in addition to following its press releases, blog posts on its website (braze.com), SEC filings and public conference calls and webcasts. Selected Financial Data (1) Includes stock-based compensation as follows: (2) Includes employer taxes related to stock-based compensation as follows: (3) Includes 1% Pledge charitable donation expense as follows: (4) Includes acquisition related expense as follows: (5) Includes amortization of intangible assets acquired in the acquisition expense as follows: (6) Includes restructuring related expense as follows: (7) Includes adjustment to the fair value of the contingent consideration liability as follows: Source: Braze, Inc. Braze is a registered trademark of Braze, Inc. All product and company names herein may be trademarks of their registered owners. View source version on businesswire.com : https://www.businesswire.com/news/home/20241209508572/en/ CONTACT: Investors: Christopher Ferris IR@braze.com (609) 964-0585Media: Meghan Halaszynski Press@braze.com KEYWORD: NEW YORK UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY MARKETING ADVERTISING COMMUNICATIONS SOFTWARE NETWORKS INTERNET DIGITAL MARKETING DATA MANAGEMENT ARTIFICIAL INTELLIGENCE SOURCE: Braze Copyright Business Wire 2024. PUB: 12/09/2024 04:05 PM/DISC: 12/09/2024 04:06 PM http://www.businesswire.com/news/home/20241209508572/enAP News Summary at 4:45 p.m. EST
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