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SANTA CLARA, Calif. (AP) — San Francisco 49ers quarterback Brock Purdy will miss Sunday's game against the Green Bay Packers with a sore throwing shoulder. Purdy injured his right shoulder in last Sunday's . Purdy underwent an MRI that showed no structural damage but the shoulder didn't improve during the week and Purdy was ruled out for the game. Coach Kyle Shanahan said star defensive end Nick Bosa also will miss the game with injuries to his left hip and oblique. Left tackle Trent Williams is questionable with an ankle injury and will be a game-time decision. This will be the first time Purdy has missed a start because of an injury since taking over as the 49ers’ quarterback in December 2022. Brandon Allen will start in his place. The Niners (5-5) are currently in a three-way tie for second in the NFC West, a game behind first-place Arizona, and have little margin for error if they want to get back to the playoffs after making it to the Super Bowl last season. Purdy has completed 66% of his passes this season for 2,613 yards, 13 TDs, eight interceptions and a 95.9 passer rating that is down significantly from his league-leading mark of 113 in 2023. Allen has been mostly a backup since being drafted by Jacksonville in 2016. Allen last started a game in Week 18 of the 2021 season for Cincinnati and has thrown just three passes the last three seasons — including none since joining San Francisco in 2023. Joshua Dobbs will be the backup on Sunday. AP NFL:
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OMAHA, Neb.--(BUSINESS WIRE)--Dec 26, 2024-- Boston Omaha Corporation (NYSE: BOC) (the “Company”) announced today that Bradford B. Briner will resign from the Company’s Board of Directors, effective December 31, 2024 as he assumes the position of Treasurer of the State of North Carolina effective January 1, 2025. Mr. Briner was elected by the citizens of North Carolina to the position of Treasurer in the November 2024 general election. Adam K. Peterson, the Company’s President and Chief Executive Officer, noted that “Brad has been an invaluable member of our Board of Directors. His business sense, foresight, intelligence and analytical skills have earned him the respect of our Board and officers and employees. We are excited for the people of North Carolina who will benefit from having Brad as the Treasurer of North Carolina and we wish him the very best in his future endeavors.” Mr. Briner observed that “I am excited by this new role serving the people of North Carolina. Leaving the Board of Boston Omaha is difficult as I have greatly enjoyed working with Adam, the Boston Omaha management team and with my fellow Board members. I will miss this interaction. I am excited by Boston Omaha’s future and look forward to continuing as a long-term stockholder of Boston Omaha.” About Boston Omaha Corporation Boston Omaha Corporation is a public holding company with four majority owned businesses engaged in outdoor advertising, broadband telecommunications services, surety insurance and asset management. To receive Boston Omaha news, visit investor.bostonomaha.com/news . Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are “forward-looking statements” for purposes of this press release on Form 8-K, including, our expectations regarding future growth and general business and market conditions, all of which may affect the Company’s long-term performance; and any statements or assumptions underlying any of the foregoing. In some cases, forward-looking statements can be identified by the use of terminology such as “may,” “will,” “expects,” “plans,” “anticipates,” “estimates,” or the negative thereof or other comparable terminology. Although the Company believes that the expectations reflected in the forward-looking statements contained herein are reasonable, such expectations or any of the forward-looking statements may prove to be incorrect and actual results could differ materially from those projected or assumed in the forward-looking statements. Important factors discussed under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and its other filings with the Securities and Exchange Commission could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While the Company may elect to update such forward-looking statements at some point in the future, it disclaims any obligation to do so, except as required by law, even if subsequent events cause its views to change. View source version on businesswire.com : https://www.businesswire.com/news/home/20241226195072/en/ CONTACT: Boston Omaha Corporation Josh Weisenburger, 402-210-2633 contact@bostonomaha.com KEYWORD: NORTH CAROLINA NEBRASKA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TELECOMMUNICATIONS INSURANCE FINANCE ASSET MANAGEMENT ADVERTISING COMMUNICATIONS PROFESSIONAL SERVICES TECHNOLOGY SOURCE: Boston Omaha Corporation Copyright Business Wire 2024. PUB: 12/26/2024 04:04 PM/DISC: 12/26/2024 04:02 PM http://www.businesswire.com/news/home/20241226195072/enJoseph P Kelley , Executive Vice President at Nordson NDSN , disclosed an insider purchase on December 23, based on a new SEC filing. What Happened: Kelley's recent move, as outlined in a Form 4 filing with the U.S. Securities and Exchange Commission on Monday, involves purchasing 1,401 shares of Nordson. The total transaction value is $293,831. The latest update on Tuesday morning shows Nordson shares up by 0.11%, trading at $209.53. Get to Know Nordson Better Nordson manufactures equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.7 billion in revenue in its fiscal 2024. Key Indicators: Nordson's Financial Health Positive Revenue Trend: Examining Nordson's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 12.53% as of 31 October, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Industrials sector. Key Profitability Indicators: Gross Margin: The company excels with a remarkable gross margin of 54.11% , indicating superior cost efficiency and profitability compared to its industry peers. Earnings per Share (EPS): Nordson's EPS is notably higher than the industry average. The company achieved a positive bottom-line trend with a current EPS of 2.14 . Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.75 , caution is advised due to increased financial risk. Exploring Valuation Metrics Landscape: Price to Earnings (P/E) Ratio: The Price to Earnings ratio of 25.81 is lower than the industry average, indicating potential undervaluation for the stock. Price to Sales (P/S) Ratio: A higher-than-average P/S ratio of 4.48 suggests overvaluation in the eyes of investors, considering sales performance. EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): With an EV/EBITDA ratio of 17.44 , the company's market valuation exceeds industry averages. Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. The Impact of Insider Transactions on Investments In the complex landscape of investment decisions, investors should approach insider transactions as part of a comprehensive analysis, considering various elements. Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction. Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise. But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors. Unlocking the Meaning of Transaction Codes Investors prefer focusing on transactions that take place in the open market, indicated in Table I of the Form 4 filing. A P in Box 3 indicates a purchase, while S indicates a sale. Transaction code C indicates the conversion of an option, and transaction code A indicates grant, award or other acquisition of securities from the company. Check Out The Full List Of Nordson's Insider Trades. Insider Buying Alert: Profit from C-Suite Moves Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. Click here for access . This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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JACKSONVILLE, Fla. — Greg McGarity had reason to be concerned. The Gator Bowl president kept a watchful eye on College Football Playoff scenarios all season and understood the fallout might affect his postseason matchup in Jacksonville. What if the Southeastern Conference got five teams into the expanded CFP? What if the Atlantic Coast Conference landed three spots? It was a math problem that was impossible to truly answer, even into late November. Four first-round playoff games, which will end with four good teams going home without a bowl game, had the potential to shake up the system. The good news for McGarity and other bowl organizers: Adding quality teams to power leagues — Oregon to the Big Ten, Texas to the SEC and SMU to the ACC — managed to ease much of the handwringing. McGarity and the Gator Bowl ended up with their highest-ranked team, No. 16 Ole Miss, in nearly two decades. "It really didn't lessen our pool much at all," McGarity said. "The SEC bowl pool strengthened with the addition of Texas and Oklahoma. You knew they were going to push traditional SEC teams up or down. Texas ended up pushing just about everyone down." The long waiting game was the latest twist for non-CFP bowls that have become adept at dealing with change. Efforts to match the top teams came and went in the 1990s and first decade of this century before the CFP became the first actual tournament in major college football. It was a four-team invitational — until this year, when the 12-team expanded format meant that four quality teams would not be in the mix for bowl games after they lose next week in the first round. "There's been a lot of things that we've kind of had to roll with," said Scott Ramsey, president of the Music City Bowl in Nashville, Tennessee. "I don't think the extra games changed our selection model to much degree. We used to look at the New York's Six before this, and that was 12 teams out of the bowl mix. The 12-team playoff is pretty much the same." Ramsey ended up with No. 23 Missouri against Iowa in his Dec. 30 bowl. A lot of so-called lesser bowl games do have high-profile teams — the ReliaQuest Bowl has No. 11 Alabama vs. Michigan (a rematch of last year's CFP semifinal), Texas A&M and USC will play in the Las Vegas Bowl while No. 14 South Carolina and No. 15 Miami, two CFP bubble teams, ended up in separate bowls in Orlando. "The stress of it is just the fact that the CFP takes that opening weekend," Las Vegas Bowl executive director John Saccenti said. "It kind of condenses the calendar a little bit." Bowl season opens Saturday with the Cricket Celebration Bowl. The first round of the CFP runs Dec. 20-21. It remains to be seen whether non-CFP bowls will see an impact from the new dynamic. They will know more by 2026, with a planned bowl reset looming. It could include CFP expansion from 12 to 14 teams and significant tweaks to the bowl system. More on-campus matchups? More diversity among cities selected to host semifinal and championship games? And would there be a trickle-down effect for everyone else? Demand for non-playoff bowls remains high, according to ESPN, despite increased focus on the expanded CFP and more players choosing to skip season finales to either enter the NCAA transfer portal or begin preparations for the NFL draft. "There's a natural appetite around the holidays for football and bowl games," Kurt Dargis, ESPN's senior director of programming and acquisitions, said at Sports Business Journal's Intercollegiate Athletics Forum last week in Las Vegas. "People still want to watch bowl games, regardless of what's going on with the playoff. ... It's obviously an unknown now with the expanded playoff, but we really feel like it's going to continue." The current bowl format runs through 2025. What lies ahead is anyone's guess. Could sponsors start paying athletes to play in bowl games? Could schools include hefty name, image and likeness incentives for players participating in bowls? Would conferences be willing to dump bowl tie-ins to provide a wider range of potential matchups? Are bowls ready to lean into more edginess like Pop-Tarts has done with its edible mascot? The path forward will be determined primarily by revenue, title sponsors, TV demand and ticket sales. "The one thing I have learned is we're going to serve our partners," Saccenti said. "We're going to be a part of the system that's there, and we're going to try to remain flexible and make sure that we're adjusting to what's going on in the world of postseason college football."
Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history crumbled Wednesday, with Albertsons pulling out of the $24.6 billion deal and the two companies accusing each other of not doing enough to push their proposed alliance through. Jewel-Osco’s parent Albertsons said it had filed a lawsuit against Kroger, seeking a $600 million termination fee as well as billions of dollars in legal fees and lost shareholder value. Kroger, which owns Mariano’s, said the claims were “baseless” and that Albertsons was not entitled to the fee. The bitter breakup came the day after two judges halted the proposed merger in separate court cases. U.S. District Court Judge Adrienne Nelson in Oregon issued a preliminary injunction Tuesday blocking the merger until an in-house judge at the Federal Trade Commission could consider the matter. An hour later, Superior Court Judge Marshall Ferguson in Seattle issued a permanent injunction barring the merger. Ferguson ruled that combining Albertsons and Kroger would lessen competition and violate consumer-protection laws. The companies could have appealed the rulings or proceeded to the in-house FTC hearings. Albertsons’ decision to pull out of deal instead surprised some industry experts. “I’m in a state of professional and commercial shock that they would take this scorched earth approach,” said Burt Flickinger, a longtime analyst and owner of retail consulting firm Strategic Resource Group. “The logical thing would have been for Albertsons to let the decision sink in for a day and then meet and see what could be done. But the lawsuit seems to make that a moot issue.” Albertsons is unlikely to find another merger partner because it has significant debt and underperforming stores in most of its markets, Flickinger said. Consumers will feel the most immediate impact of the deal’s demise, he said, since Albertsons charges 12% to 14% more than Kroger and other grocery rivals. “They had so much debt they had to pay it off it’s reflected in their pricing and promotional structure,” Flickinger said. Albertsons CEO Vivek Sankaran testified during the federal hearing in September that his company might consider “structural options” like laying off employees, closing stores and exiting certain markets if the merger with Kroger didn’t go through. “I would have to consider that,” he said. “It’s a dramatically different picture with the merger than without it.” But in a statement Wednesday, Sankaran said Albertsons would “start this next chapter in strong financial condition with a track record of positive business performance.” In the company’s most recent quarter, Albertsons’ revenue rose 1% to $18.5 billion and it reported $7.9 billion in debt. Kroger and Albertsons first proposed the merger in 2022. They argued that combining would help them better compete with big retailers like Walmart, Costco and Amazon, which are gaining an increasing share of U.S. grocery sales. Together, Kroger and Albertsons would control around 13% of the U.S. grocery market. Walmart controls around 22%. Under the merger agreement, Kroger and Albertsons — who compete in 22 states — agreed to sell 579 stores in places where their locations overlap to C&S Wholesale Grocers, a New Hampshire-based supplier to independent supermarkets that also owns the Grand Union and Piggly Wiggly store brands. But the Federal Trade Commission and two states — Washington and Colorado — sued to block the merger earlier this year, saying it would raise prices and lower workers’ wages by eliminating competition. It also said the divestiture plan was inadequate and that C&S was ill-equipped to take on so many stores. Albertsons said Wednesday that Kroger failed to exercise “best efforts” and to take “any and all actions” to secure regulatory approval of the companies’ agreed merger transaction. It said Kroger refused to divest the assets necessary for antitrust approval, ignored regulators’ feedback and rejected divestiture buyers that would have been stronger than C&S. “Kroger’s self-serving conduct, taken at the expense of Albertsons and the agreed transaction, has harmed Albertsons’ shareholders, associates and consumers,” Tom Moriarty, Albertsons’ general counsel, said in a statement. Kroger said that it disagrees with Albertsons “in the strongest possible terms.” It said Albertsons was responsible for “repeated intentional material breaches and interference throughout the merger process.” Kroger, based in Cincinnati, Ohio, operates 2,800 stores in 35 states, including brands like Ralphs, Smith’s and Harris Teeter. Albertsons, based in Boise, Idaho, operates 2,273 stores in 34 states, including brands like Safeway, Jewel-Osco and Shaw’s. Together, the companies employ around 710,000 people. Kroger sued the FTC in August in federal court in Ohio, claiming that the federal agency’s in-house administrative hearings were unlawful because the FTC was also able to challenge the merger in federal court in Oregon. In paperwork filed Wednesday, the FTC said it expected to update the court on its next steps in that case by Dec. 17. In Colorado, which also sued to block the merger, Attorney General Phil Weiser said Tuesday that he still was awaiting a decision from a state judge. In that case, Colorado also was challenging an allegedly illegal no-poach agreement Kroger and Albertsons made during a 2022 strike. Shares of Albertsons were down less than 1% in late trading Wednesday, while Kroger’s stock was up less than 1%.
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Kohl's CEO Tom Kingsbury to step down in January, to be replaced by Michaels CEO Ashley BuchananDow hits another record as stocks riseCREVE COEUR — Management and IT consultant Daugherty Business Solutions is set to be acquired by CGI, a major IT and business consulting firm headquartered in Quebec, Canada. The merger, announced Wednesday, will bolster CGI in growth markets like St. Louis, Atlanta, Minneapolis, Chicago, Columbus, Dallas and New York thanks to Daugherty Business Solutions’ client and consultant network, according to a news statement. Daugherty Business Solutions specializes in artificial intelligence, data analytics, strategic IT consulting and business advisory services for Fortune 500 clients in the financial services, healthcare, communications, retail and manufacturing sectors. Founded in 1985, Daugherty Business Solutions has 1,000 employees, of which 600 are in the St. Louis area, and is headquartered in Creve Coeur. “We're forging a path with CGI that expands global capabilities, creates meaningful professional opportunities and amplifies our collective potential to drive innovation and positive change in our communities,” Daugherty CEO Ron Daugherty said in a statement. Through the acquisition, Daugherty Business Solutions will gain access to CGI’s global capabilities, network of delivery centers and end-to-end services and solutions. CGI boasts 90,250 consultants and professionals across the globe. “The combined strength of Daugherty Business Solutions and CGI creates additional value for clients through deep industry insight and technology expertise, with a strong commitment and proven history of delivering trusted business outcomes,” Vijay Srinivasan, CGI president of U.S. commercial and state government operations, said in a statement. The transaction is expected to close this month.Welcome to a special pre-holiday edition of From the Politics Desk , an evening newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the White House, Capitol Hill and the campaign trail. Today, we look back at the major storylines that defined the year that was. We’re off the rest of the week, but we’ll be back in your inbox next Monday with a preview of the dynamics that will shape 2025. Sign up to receive this newsletter in your inbox every weekday here. 5 storylines that defined 2024 By Mark Murray With the year coming to a close, President-elect Donald Trump returning to the White House, President Joe Biden exiting and a new Congress starting next month, here’s a rundown of the top political storylines that shaped 2024 — in descending order. 5. Trump’s easy path to the GOP nomination. It’s important to remember that at the beginning of the 2024 cycle, it wasn’t a guarantee Trump would be the Republican Party’s presidential nominee. Florida Gov. Ron DeSantis was running close to Trump in early polls; Sen. Tim Scott, R-S.C., had some early momentum and money; and former U.N. Ambassador Nikki Haley had the makings of a formidable challenger. But in the end, Trump won every GOP nominating contest — with the exceptions of Vermont and Washington, D.C. Even after his 2020 defeat, the Jan. 6, 2021, attack on the Capitol, and the party’s disappointing performance in the 2022 midterms, Trump’s stranglehold over the GOP was evident in the pre-primary polls showing half of Republican voters or more wanted him to continue as the party’s leader. 4. Trump’s legal challenges that fizzled away. 2024 featured the split screen of activity on the campaign trail and drama in the courtroom. Trump faced four separate indictments and was ultimately convicted on 34 felony counts in the hush money case. They were all supposed to represent one of the defining moments of the election. But politically, they largely only served to help Trump further rally the GOP base around him. And many of the cases fizzled away after Trump was able to delay proceedings and sentencing, and after he won in November. 3. The presidential debate that changed everything. Heading into June’s debate — the earliest general-election faceoff in memory — many voters already had concerns about President Joe Biden’s age and fitness to serve another term. And the debate only confirmed those worries, as he frequently stumbled over his words and came across as feeble onstage. The performance immediately set off Democratic alarm bells. But Biden vowed he would remain in the race, even as calls from within his own party for him to step aside grew louder. He dropped out a month later. 2. Harris became more popular than Biden (but not significantly more popular than Trump). Immediately after Biden’s exit, the Democratic Party coalesced around Vice President Kamala Harris, who enjoyed a political honeymoon. In the final NBC News poll before the election, Harris had a favorable rating of 43% positive, 50% negative (-7 net rating) — significantly higher than Biden’s score of 35% positive, 52% negative (-17). But Harris’ numbers weren’t far removed from Trump’s: 42% positive, 51% negative (-9). 1. Concerns about inflation and the economy doomed the Democrats. In the end, it was the economy, stupid. Despite strong job creation and inflation cooling to its lowest level since 2021 , most American voters weren’t happy with the economy or Biden’s handling of it. Two-thirds said their family’s income was falling behind the cost of living, and only 25% of voters said Biden’s policies were helping their family (compared with 44% who said that about Trump when he was president), according to NBC News polling. And per the NBC News Exit Poll , 32% of voters said the economy was their most important issue — and Trump bested Harris among those voters 81% to 18%. Why 2024 was the ultimate 'what if' election By Chuck Todd There are so many holiday traditions in Washington — congressional negotiations that go too long, crowded parties, inhumane traffic around the National Christmas Tree lighting. But one holiday tradition that we look forward to is our annual “What If” series of alternative history episodes on the Chuck ToddCast . Every year, we ask our listeners to share their favorite ideas for possible twists and turns in history that could have changed everything about politics. This year, our listeners asked about all the other ways the 2024 election might have played out. They also asked questions about Donald Trump (What if Trump bought the Buffalo Bills in 2014?), American history (What if George Washington ran for a third term?), and so many more. We had questions about Jeb Bush and Ross Perot, about the Gulf War and the Cold War ... someone even shared a smart question about Democrats’ disastrous 2020 Iowa caucuses. Asking these questions are about more than just scratching an itch, but about investigating how the hard certainties of our world could have been fundamentally different, and asking what that would have said about our country, our history and ourselves. We’re kicking off this year’s series with one of my favorite alternative history connoisseurs, Politico's Jonathan Martin , to talk about what other twists and turns we might have seen in the 2024 election. You might think that an election year like 2024, with so many unexpected developments, would satisfy anyone’s curiosity for asking “What if?” — but in a year that could have been its own alternative history, the possibilities are endless. Listen here → That’s all from the Politics Desk for now. If you have feedback — likes or dislikes — email us at politicsnewsletter@nbcuni.com And if you’re a fan, please share with everyone and anyone. They can sign up here .