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CAMARILLO, Calif. (AP) — CAMARILLO, Calif. (AP) — Semtech Corp. (SMTC) on Monday reported a loss of $7.6 million in its fiscal third quarter. On a per-share basis, the Camarillo, California-based company said it had a loss of 10 cents. Earnings, adjusted for one-time gains and costs, were 26 cents per share. The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. The chipmaker posted revenue of $236.8 million in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $232.6 million. For the current quarter ending in January, Semtech expects its per-share earnings to range from 29 cents to 35 cents. The company said it expects revenue in the range of $245 million to $255 million for the fiscal fourth quarter. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on SMTC at https://www.zacks.com/ap/SMTCThese treatments promise younger skin without the use of needles. Do they really work?

VISTA, Calif.--(BUSINESS WIRE)--Nov 25, 2024-- Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that on November 20, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (“Form 10-Q”) and its Annual Report on Form 10-K for fiscal year ended June 30, 2024 (“Form 10-K”), with the Securities and Exchange Commission (“SEC”). This notification has no immediate effect on the listing of the Company’s common stock on the Nasdaq. Under the Nasdaq rules, the Company has until December 16, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date for the Form 10-K to regain compliance, or April 14, 2025. If Nasdaq does not accept the Company’s plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company is working diligently to complete its Form 10-K and Form 10-Q and plans to file its Form 10-K and Form 10-Q as promptly as practicable to regain compliance with the Listing Rule. About Flux Power Holdings, Inc. Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com . Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities law. Forward-looking statements are statements that are not historical facts. Words and phrases such as “anticipated,” “forward,” “will,” “would,” “could,” “may,” “intend,” “remain,” “potential,” “prepare,” “expected,” “believe,” “plan,” “seek,” “continue,” “estimate,” and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, the expected filing date of its Form 10-K and Form 10-Q and ability to regain compliance under the Nasdaq listing rule. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the Company’s control, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Such risks and uncertainties include, but are not limited to, the completion of the review and preparation of the Company’s financial statements and internal control over financial reporting and disclosure controls and procedures and the timing thereof; the discovery of additional information; delays in the Company’s financial reporting, including as a result of unanticipated factors; the Company’s ability to obtain necessary waivers or amendments to the Loan Agreement in the future; the risk that the Company may become subject to future litigation; the Company’s ability to remediate material weaknesses in its internal control over financial reporting; risks inherent in estimates or judgments relating to the Company’s critical accounting policies, or any of the Company’s estimates or projections, which may prove to be inaccurate; unanticipated factors in addition to the foregoing that may impact the Company’s financial and business projections and guidance and may cause the Company’s actual results and outcomes to materially differ from its estimates, projections and guidance; and those risks and uncertainties identified in the “Risk Factors” sections of the Company’s Annual Report on Form 10-K for the year ended June 30, 2023, and its other subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners. Follow us at: Blog: Flux Power Blog News Flux Power News Twitter: @FLUXpwr LinkedIn: Flux Power View source version on businesswire.com : https://www.businesswire.com/news/home/20241125289701/en/ CONTACT: Media & Investor Relations: media@fluxpower.com info@fluxpower.comExternal Investor Relations: Chris Tyson,Executive Vice President MZ Group - MZ North America 949-491-8235 FLUX@mzgroup.us www.mzgroup.us KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: TECHNOLOGY BATTERIES ENERGY OTHER ENERGY SOURCE: Flux Power Holdings, Inc. Copyright Business Wire 2024. PUB: 11/25/2024 04:01 PM/DISC: 11/25/2024 04:01 PM http://www.businesswire.com/news/home/20241125289701/enOklahoma State's 3-point accuracy sends Miami to defeatXtrackers Low Beta High Yield Bond ETF (NYSEARCA:HYDW) Trading Down 0.2% – Here’s What Happened

President Joe Biden mourns Jimmy Carters death, orders official state funeral to honor himThe wife of Lagos State Governor, Dr Claudiana Ibijoke Sanwo-Olu has urged market leaders in the state to consider the adoption of technological solutions, particularly in the area of waste management and dissemination of information, on the path to ensure the security and safety of marketplaces. She said these are important to ensure a sustainable market environments for a healthy state. “Harnessing technology is another key aspect of improving market operations. Tools like CCTVs, public address systems, and digital platforms, including social media, can enhance waste management, public health, and security in our markets.” Doctor Sanwo-Olu, who is also the Chairman, of the Committee of Wives of Lagos State Officials, (COWLSO) said at a Day Seminar on Market Sanitation and Security for Market Leaders in Lagos East Senatorial District. At the event organised by the Ministry of Local Government, Chieftaincy Affairs and Rural Development, the Governor’s wife stated that the administration of Mr Babajide Olusola Sanwo-Olu recognizes the strategic importance of markets in achieving the vision of making Lagos a 21st-century economy. “Consequently, markets have been given high priority since the inception of this administration.” She stated. Speaking further during the event held at the Babajide Sanwo-Olu International Model Market, Ikosi-Isheri Local Council Development Area, the Governor’s wife noted that efforts to maintain safe and secure marketplaces are yielding results as markets in the state are now becoming cleaner. She added that COWLSO will continue to partner with stakeholders in the advocacy for a clean and hygienic Lagos, expressing satisfaction with the level of awareness of and compliance to environmental and market sanitation codes among market men and women as seen so far with Lagos East and West senatorial Districts. Sanwo-Olu disclosed the group’s intention to take the advocacy into the neighbourhoods through community-based associations in line with the THEMES Plus Agenda In his opening remarks, Commissioner of Local Government, Chieftaincy Affairs and Rural Development Bolaji Robert, who spoke through the Permanent Secretary, Kikelomo Bolarinwa, said the theme: “Improving Waste Management and Public Health in Markets: A Recipe for Economic Growth and Prosperity in Lagos East Senatorial District” resonate with the THEMES Plus Agenda of the present administration in the state. Also, Commissioner for Environment and Water Infrastructure, Tokunbo Wahab, represented by a Director in the Ministry, Hassan Sanuth, said Ikosi Isheri had not committed any sanitation infraction so far this year, however, implored Market Leaders to discourage the dumping of refuse on the median of the Ikorodu express road. Chairman of Ikosi Isheri, LCDA, Samiat Bada, thanking Sanwo-Olu for the commitment to the general well-being of Lagosians, restated her commitment to supporting various initiatives of the state government in its bid to keep the Market environment clean. Present at the event which featured presentations of stakeholders on various topics were the Wife of the Deputy Governor, Oluremi Hamzat, Iyaloja/President General, Folashade Tinubu-Ojo, General Manager, Lagos State Waste Management, Muyiwa Gbadegesin and others.A judge on Monday rejected a request to block a San Jose State women's volleyball team member from playing in a conference tournament on grounds that she is transgender. The ruling by U.S. Magistrate Judge S. Kato Crews in Denver will allow the player, who has played all season, to compete in the Mountain West Conference women's championship opening this week in Las Vegas. The ruling comes in a lawsuit filed by nine current players against the Mountain West Conference challenging the league's policies for allowing transgender players to participate. The players argued that letting her compete was a safety risk and unfair. While some media have reported those and other details, neither San Jose State nor the forfeiting teams have confirmed the school has a trans woman volleyball player. The Associated Press is withholding the player's name because she has not commented publicly on her gender identity. School officials also have declined an interview request with the player. Crews' ruling referred to the athlete as an "alleged transgender" player and noted that no defendant disputed that the San Jose State roster includes a transgender woman player. San Jose State will "continue to support its student-athletes and reject discrimination in all forms," the university said in a statement, confirming that all its student-athletes are eligible to participate under NCAA and conference rules. "We are gratified that the Court rejected an eleventh-hour attempt to change those rules. Our team looks forward to competing in the Mountain West volleyball tournament this week." The conference did not immediately respond to an email seeking comment. The players filed a notice for emergency appeal with the 10th U.S. Circuit Court of Appeals. Crews said the players who filed the complaint could have sought relief much earlier, noting the individual universities had acknowledged that not playing their games against San Jose State this season would result in a loss in league standings. He also refused a request to re-seed the tournament without the forfeited losses. The judge said injunctions are meant to preserve the status quo. The conference policy regarding forfeiting for refusing to play against a team with a transgender player had been in effect since 2022 and the San Jose State player has been on the roster since 2022 -– making that the status quo. The player competed at the college level three previous seasons, including two for San Jose State, drawing little attention. This season's awareness of her reported identity led to an uproar among some players, pundits, parents and politicians in a major election year. Crews' ruling also said injunctions are meant to prevent harm, but in this case, he argued, the harm has already occurred. The games have been forfeited, the tournament has been seeded, the teams have made travel plans and the participants have confirmed they're playing. The tournament starts Wednesday and continues Friday and Saturday. Colorado State is seeded first and San Jose State, second. The teams split their regular-season matches and both get byes into Friday's semifinals. San Jose State will play the winner of Wednesday's match between Utah State and Boise State — teams that both forfeited matches to SJSU during the regular season. Boise State associate athletic director Chris Kutz declined to comment on whether the Broncos would play SJSU if they won their first-round tournament game. Utah State officials did not immediately respond to emails seeking comment. The conference tournament winner gets an automatic bid to the NCAA tournament. San Jose State coach Todd Kress, whose team has not competed in the national tournament since 2001, has said his team has been getting "messages of hate" and that has taken a toll on his players. Several teams refused to play against San Jose State during the season, earning losses in the official conference standings. Boise State and Wyoming each had two forfeits while Utah State and Nevada both had one. Southern Utah, a member of the Western Athletic Conference, was first to cancel against San Jose State this year. Nevada's players stated they "refuse to participate in any match that advances injustice against female athletes," without elaborating. Nevada did not qualify for the conference tournament. The nine current players and others now suing the Mountain West Conference, the California State University Board of Trustees and others include San Jose State senior setter and co-captain Brooke Slusser. The teammate Slusser says is transgender hits the volleyball with more force than others on the team, raising fear during practices of suffering concussions from a head hit, the complaint says. The Independent Council on Women's Sports is funding a separate lawsuit against the NCAA for allowing transgender women to compete in women's sports. Both lawsuits claim the landmark 1972 federal antidiscrimination law known as Title IX prohibits transgender women in women's sports. Title IX prohibits sexual discrimination in federally funded education; Slusser is a plaintiff in both lawsuits. Several circuit courts have used a U.S. Supreme Court ruling to conclude that discriminating against someone based on their transgender status or sexual orientation is sex-based discrimination, Crews wrote. That means case law does not prove the "likelihood of success" needed to grant an injunction. An NCAA policy that subjects transgender participation to the rules of sports governing bodies took effect this academic year. USA Volleyball says a trans woman must suppress testosterone for 12 months before competing. The NCAA has not flagged any issues with San Jose State. The Republican governors of Idaho, Nevada, Utah and Wyoming have made public statements in support of the team cancellations, citing fairness in women's sports. President-elect Donald Trump likewise has spoken out against allowing transgender women to compete in women's sports. Crews was a magistrate judge in Colorado's U.S. District Court for more than five years before President Joe Biden appointed him as a federal judge in January. Be the first to know Get local news delivered to your inbox!

Jaylon Johnson isn't interested in bright spots with the Bears' skid at 5 gamesBlackstone Mortgage Trust, Inc. ( NYSE:BXMT – Get Free Report ) declared a quarterly dividend on Tuesday, December 17th, Wall Street Journal reports. Shareholders of record on Tuesday, December 31st will be paid a dividend of 0.47 per share by the real estate investment trust on Wednesday, January 15th. This represents a $1.88 annualized dividend and a yield of 10.50%. The ex-dividend date of this dividend is Tuesday, December 31st. Blackstone Mortgage Trust has raised its dividend payment by an average of 6.4% per year over the last three years. Blackstone Mortgage Trust has a dividend payout ratio of 125.3% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Blackstone Mortgage Trust to earn $1.65 per share next year, which means the company may not be able to cover its $1.88 annual dividend with an expected future payout ratio of 113.9%. Blackstone Mortgage Trust Stock Performance Shares of BXMT opened at $17.91 on Friday. Blackstone Mortgage Trust has a 52-week low of $16.53 and a 52-week high of $22.16. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of -12.88 and a beta of 1.50. The business’s fifty day moving average is $18.62 and its 200-day moving average is $18.38. Analysts Set New Price Targets Read Our Latest Research Report on BXMT About Blackstone Mortgage Trust ( Get Free Report ) Blackstone Mortgage Trust, Inc, a real estate finance company, originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The company originates and acquires senior floating rate mortgage loans that are secured by a first-priority mortgage on commercial real estate assets. Recommended Stories Receive News & Ratings for Blackstone Mortgage Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blackstone Mortgage Trust and related companies with MarketBeat.com's FREE daily email newsletter .Aflac Incorporated to Webcast 2024 Financial Analysts Briefing

TORONTO — The co-founders of two of Canada's top artificial intelligence firms say companies in the country are buzzing with excitement around the technology but turning that enthusiasm into products and tools takes too long. Cohere co-founder Nick Frosst says he has grown used to being approached by Canadian firms wanting to work with AI but they're slow to actually implement the technology. Frosst says it is hard to pinpoint where that lack of urgency comes from but he thinks part of it is embedded in Canada's culture. Nicole Janssen, the co-founder of AltaML, has had a similar experience. She says it takes 18 months for companies reaching out to her business to commit to using AI and then another 18 months to start doing something with it. She says the danger in this long lead time is that people get tired of devoting energy and resources to projects that are not immediately giving them a return on their investment and then this work falls to the wayside. This report by The Canadian Press was first published Nov. 26, 2024. Tara Deschamps, The Canadian Press