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Drone Maker Baykar Completes Deal for Italy's Piaggio Aerospace
Drone Maker Baykar Completes Deal for Italy's Piaggio Aerospace

Bloomberg

time2 days ago

  • Business
  • Bloomberg

Drone Maker Baykar Completes Deal for Italy's Piaggio Aerospace

Turkish drone maker Baykar Technologies acquired the business complexes of Italy's Piaggio Aerospace as it moves to expand aircraft production and enter the business jet market. The deal includes Piaggio Aero Industries SpA and Piaggio Aviation, operating under extraordinary administration since 2018. Baykar will retain staff at the Villanova d'Albenga and Genoa sites and plans to increase headcount as production scales up, the companies said in a joint statement.

Lakers Sign Villanova Star To Two-Way Contract After NBA Draft
Lakers Sign Villanova Star To Two-Way Contract After NBA Draft

Yahoo

time3 days ago

  • Sport
  • Yahoo

Lakers Sign Villanova Star To Two-Way Contract After NBA Draft

Lakers Sign Villanova Star To Two-Way Contract After NBA Draft originally appeared on Fadeaway World. The Los Angeles Lakers only had one draft pick to work with tonight (which they turned into the 36th pick), but they didn't let it stop them from adding another young player to the roster. This time, it was Villanova star Eric Dixon who struck a deal, agreeing to terms on a two-way contract with the Lakers after going undrafted this week. Advertisement Dixon, a 24-year-old power forward, joins rookie Adou Thiero on the Lakers and will get to play alongside NBA superstars LeBron James and Luka Doncic. In the 2024-25 season, he averaged 23.3 points, 5.1 rebounds, and 1.9 assists per game on 45.1% shooting. He gives the Lakers some added depth on the wing and an alternative should they part ways with Jarred Vanderbilt or Rui Hachimura in the offseason. While Dixon will not solve the Lakers' center problem, he can still be a highly impactful player for them as a solid mid-range shooter and elite long-range sniper. He shot 40.7% from beyond the arc this past season, proving that he can hit threes with high efficiency. He was also the leading scorer in the NCAA. Only time will tell how Dixon's game translates to the big leagues, but his smooth stroke, favorable size, and physical play style should help him find a place on the Lakers. On a two-way contract, Dixon will be split between the G-League and the Lakers next season, giving him the perfect opportunity to grow and develop his game to the next level. Advertisement If that wasn't enough, the Lakers also picked up UNC prospect RJ Davis on an Exhibit 10 deal. He's a quick and crafty guard with good game sense and a strong work ethic, but he'll have to earn his way if he wants a more permanent spot on the Lakers. With the Lakers expected to be competitive next season, it remains to be seen how much time these new young players will get with the starters, but they will have plenty of opportunities to prove themselves to JJ Redick and show that they're players who can stick around for years to come. As for what's next, NBA free agency begins in a few days, and the Lakers are expected to make moves in order to add a center. Since no big man came in the draft, they'll have to find another way to fill the position so they can appease Luka Doncic. By the end, LA hopes they'll have enough to contend for a title and give LeBron James the heroic ending they feel he deserves. Related: Lakers Fans Are Excited About Adou Thiero: Elite Wing Defender With Amazing Upside This story was originally reported by Fadeaway World on Jun 27, 2025, where it first appeared.

Lakers land NCAA top scorer with interesting 1st move after NBA Draft
Lakers land NCAA top scorer with interesting 1st move after NBA Draft

Yahoo

time4 days ago

  • Sport
  • Yahoo

Lakers land NCAA top scorer with interesting 1st move after NBA Draft

The post Lakers land NCAA top scorer with interesting 1st move after NBA Draft appeared first on ClutchPoints. The Los Angeles Lakers potentially grabbed one of the steals of the 2025 NBA Draft when they selected Adou Thiero with the No. 36 overall pick. Using a series of trades, the Lakers moved up in the draft from No. 55 and ended up with a player who could conceivably help them immediately. But the team's good fortunes didn't end there. Following the conclusion of the NBA Draft, the Lakers managed to sign Eric Dixon, as per Shams Charania of ESPN. Advertisement Eric Dixon went undrafted in the NBA Draft and he landed with the Lakers on a two-way contract. Even though Dixon signed a two-way deal, is spot on the Lakers' opening night roster isn't guaranteed. With two-way deals not counting against the salary cap, NBA teams often opt to rotate players even before the start of the regular season. What is safe to say is that Dixon will likely get to play alongside Thiero during summer league in Las Vegas next month. Dixon was the NCAA's leading scorer last season at 23.3 points per game. He was an AP Third Team All-American and an NABC Third Team All-American. In today's day and age of the transfer portal, Dixon was somewhat of a revelation, staying at Villanova for all five of his seasons of college basketball eligibility. By his sophomore season, he was regular in the starting lineup. In addition to Dixon's nation-leading points per game, he also averaged 5.1 rebounds and 1.9 assists with splits of 45.1 percent shooting from the field, 40.7 percent shooting from the three-point line and 81.3 percent shooting from the free-throw line. Advertisement Last season, the Lakers had Christian Koloko, Trey Jemison and Jordan Goodwin on two-way contracts. Goodwin eventually earned a standard contract in time for the playoffs. Should Dixon remain on the roster by the start of the season, he will likely get plenty of live game reps in the G League with the South Bay Lakers. Related: Egor Demin addresses Luka Doncic comparisons after Nets' selection Related: Lakers make multiple signings following NBA Draft

5 Insightful Analyst Questions From BlackLine's Q1 Earnings Call
5 Insightful Analyst Questions From BlackLine's Q1 Earnings Call

Yahoo

time5 days ago

  • Business
  • Yahoo

5 Insightful Analyst Questions From BlackLine's Q1 Earnings Call

BlackLine's first quarter saw a positive market response following steady revenue growth and a notable margin improvement. Management attributed these results to operational enhancements in sales execution, customer expansion, and the adoption of its Studio360 platform. The leadership team emphasized increased average deal size, especially among enterprise clients, and highlighted the successful rollout of a new pricing model. Co-CEO Owen Ryan pointed to deepening relationships with key partners and customer wins in both North America and international markets as important contributors to quarterly performance. The company also credited faster implementation timelines and improved go-to-market alignment for helping drive customer satisfaction and top-of-funnel activity. Is now the time to buy BL? Find out in our full research report (it's free). Revenue: $166.9 million vs analyst estimates of $166.7 million (6% year-on-year growth, in line) Adjusted EPS: $0.49 vs analyst estimates of $0.38 (28% beat) Adjusted Operating Income: $34.95 million vs analyst estimates of $28.67 million (20.9% margin, 21.9% beat) The company reconfirmed its revenue guidance for the full year of $698.5 million at the midpoint Management raised its full-year Adjusted EPS guidance to $2.17 at the midpoint, a 6.6% increase Operating Margin: 2.1%, up from 1.1% in the same quarter last year Customers: 4,455, up from 4,443 in the previous quarter Annual Recurring Revenue: $656 million at quarter end, up 8.4% year on year Billings: $159 million at quarter end, up 9.2% year on year Market Capitalization: $3.52 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Rob Oliver (Baird) asked about the sustainability of margin expansion amid ongoing growth investments. CFO Patrick Villanova responded that margin gains were achieved without delaying planned investments and that flexibility remains to adjust spending if macro conditions deteriorate. Koji Ikeda (Bank of America) inquired about adoption trends for the new platform pricing model and its impact on user metrics. Villanova clarified that adoption was ahead of plan, especially among large enterprises, and explained how the model shifts user counts to zero for those customers. Patrick Walravens (Citizens) questioned BlackLine's approach to AI compared to competitors. Co-CEO Therese Tucker emphasized the company's focus on delivering 'responsible AI' with strong audit trails and leveraging decades of SaaS data for deeper insights. Pinjalim Bora (JPMorgan) probed the drivers behind changes in renewal rates and potential headwinds. Co-CEO Owen Ryan noted enterprise renewal rates remain strong, with mid-market churn linked to legacy customers and corporate restructuring, while Villanova said the new pricing model supports retention. Dominique Manansala (Truist Securities) asked about public sector traction and expectations for meaningful contribution. Ryan replied that the focus is on building pipelines with partners and SAP, with material impact expected primarily in future periods. Looking forward, our analysts will be watching (1) the pace of AI feature adoption and the impact of expanded Studio360 capabilities on customer engagement, (2) progress on deepening the SAP partnership and the uptake of bundled solutions in cloud ERP migrations, and (3) the effectiveness of the new pricing model in driving renewal rates and reducing churn. Developments in public sector and industry-specific solutions will also be important signposts. BlackLine currently trades at $56.53, up from $46.65 just before the earnings. Is there an opportunity in the stock?The answer lies in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.

2025 NBA Draft: Hunter Sallis, Vlad Goldin among top undrafted prospects
2025 NBA Draft: Hunter Sallis, Vlad Goldin among top undrafted prospects

NBC Sports

time6 days ago

  • Sport
  • NBC Sports

2025 NBA Draft: Hunter Sallis, Vlad Goldin among top undrafted prospects

While hearing one's name called is the heavily preferred route to the NBA, there are only so many available slots. For the 2025 edition, there were 59 picks, and many accomplished players went undrafted. Below is a quick look at the top 10 players not selected and where they're headed as undrafted free agents. 1. G Hunter Sallis, Wake Forest After playing two seasons at Gonzaga, Sallis transferred and took on a far more significant role at Wake Forest. During his final season, the 6-foot-5 guard averaged 18.3 points, 5.1 rebounds, 2.8 assists, 1.2 steals and 1.3 three-pointers per game, shooting 45.7 percent from the field and 80.4 percent from the foul line. While Sallis did not provide much value as a three-point shooter, making 27.7 percent of his attempts in 2024-25, there's prior evidence that he can. During his first season at Wake Forest, the guard shot 40.5 percent from deep on 5.4 attempts per game. Had Sallis entered the 2024 draft, there's a strong likelihood he would have been selected. The decreased accuracy from three was likely a factor in him not being drafted on Thursday, but he agreed to a two-way deal with the 76ers shortly after the draft concluded. 2. C Vladislav Golden, Michigan Goldin enjoyed a storied collegiate run, first appearing for Texas Tech and then joining FAU, where he was part of the team's Cinderella run to the 2023 Final Four. Rather than going to the NBA, Goldin returned to college last season, following head coach Dusty May to Michigan as a grad transfer. The 7-foot, 253-pound center averaged 16.6 points, 7.0 rebounds, 1.1 assists, 0.5 steals and 1.4 blocks while shooting 61/33/73 splits. His size gives him upside as an interior scorer and rebounder, but he can be even better on offense if he can further develop his three-point shot. Goldin has agreed to a two-way contract with the Heat, who already have Bam Adebayo and Kel'el Ware, but there may be a need for additional depth in the frontcourt. 3. G Dink Pate, Mexico City The 6-foot-8 Pate went the G League route, beginning with the 2023-24 season as part of G League Ignite. That team's disbandment led to Pate joining the Mexico City Capitanes, where he averaged 10.0 points, 5.2 rebounds, and 1.9 assists in 34 starts. While the Texas native boasts plus athleticism, he needs to grow as a shooter, with Pate shooting 26 percent from three and 58 percent from the foul line last season. The combination of size and athleticism makes him an attractive wing prospect, but Pate has a long way to go as a shooter. As of late Thursday night, he had not agreed to a two-way deal, but Pate may be worth the risk for a team willing to wait on his development. 4. F/C Eric Dixon, Villanova Regarding individual numbers, Dixon is one of the most productive players in Villanova program history. The 6-foot-8 forward/center led the nation in scoring as a senior, earning All-America honors and a first-team All-Big East selection. Dixon averaged 23.3 points, 5.1 rebounds, 1.9 assists and 2.9 three-pointers per game while recording 45.1/40.7/81.3 shooting splits. While undersized for the NBA level, Dixon's improvements as a shooter may translate. He's agreed to a two-way contract with the Lakers, making for an intriguing option if Dixon can defend fours on the perimeter. 5. C Viktor Lakhin, Clemson The 6-foot-11, 245-pound center from Russia played three seasons at Cincinnati before transferring to Clemson ahead of the 2024-25 season. In 34 games, he recorded averages of 11.4 points, 6.4 rebounds, 1.5 assists, 1.0 steals, 1.5 blocks and 0.7 three-pointers in 23.6 minutes, shooting 50.6 percent from the field and 69.6 percent from the foul line. Lahkin improved as a finisher and facilitator during his lone season at Clemson and was also an effective rim protector. However, he must improve his lateral mobility and strength in preparation for the NBA game. While yet to agree to a contract, it would be unsurprising if a team signed Lakhin to participate in Summer League play next month. 6. G Ryan Nembhard, Gonzaga The younger brother of Pacers guard Andrew Nembhard, Ryan spent two seasons at Creighton before following in Andrew's footsteps and transferring to Gonzaga. As a senior, the 6-foot point guard led the nation in assists, averaging 9.8 per game while also accounting for 10.5 points, 3.0 rebounds, 1.7 steals and 1.1 three-pointers. Nembhard averaged only 2.7 three-point attempts per game this past season, but the accuracy was there, as he shot 40.4 percent from beyond the arc. While the lack of size may lead to some overlooking him, Nembhard's ability as a playmaker and improved perimeter shooter have put him on the NBA radar. He's been signed to a two-way deal by the Mavericks, which could be an interesting spot depending on how Dallas addresses the point guard position in free agency. Expecting Nembhard to crack the rotation would be unrealistic given the contract, but Kyrie Irving (knee) will miss a significant portion of the 2025-26 season. 7. G Chucky Hepburn, Louisville After spending three seasons at Wisconsin, Hepburn transferred to Louisville and was a key contributor for the Cardinals in 2024-25. He earned All-ACC honors and averaged 16.4 points, 3.5 rebounds, 5.8 assists, 2.4 steals (tops in the ACC) and 1.9 three-pointers per game. Hepburn shot 43.2 percent from the field and 84.4 percent from the foul line. While the perimeter shot needs some work, Hepburn's foul shooting suggests he has room to develop. He's capable of impacting the two-man game and as a defender, but Hepburn will need to improve as a shooter and clean up the turnovers (3.0 per game in 2024-25). Hepburn agreed to a two-way deal with the Raptors, who were much-improved defensively during the second half of last season. While the defensive ability and playmaking opened the door for Hepburn, his chances of sticking will likely hinge on the perimeter shot. 8. F RJ Luis Jr., St. John's While St. John's coach Rick Pitino loaded up on transfers ahead of his second season with the program, his best player was among the few returnees. Luis, who played one season at UMass before transferring to St. John's, was one of the best players in college basketball in 2024-25. In 35 games, he averaged 18.2 points, 7.2 rebounds, 2.0 assists, 1.4 steals, 0.6 blocks and 1.3 three-pointers, shooting 43.9 percent from the field and 74.7 percent from the foul line. In addition to being named Big East Player of the Year, the versatile Luis was a consensus All-American. Many projected him as a second-round pick, but his name was not called on Thursday. The good news for Luis is that he was able to land a two-way deal with the rebuilding Jazz. Utah did add Ace Bailey in the first round, but overall, the team has an uninspiring wing rotation. Also, the team has been willing to give two-way players and G League contributors opportunities to show what they can do during this rebuild. That may bode well for Luis. 9. G Mark Sears, Alabama After two seasons at Ohio, Sears transferred to Alabama and flourished under head coach Nate Oates. A two-time All-American, the 6-foot point guard averaged 18.6 points, 2.9 rebounds, 5.1 assists, 0.9 steals and 2.4 three-pointers per game in 2024-25. Sears shot 40.3 percent from the field, a decrease of 10 percentage points compared to the 2023-24 season, and his effective field goal percentage dropped by 11 percentage points to 49.4. Along with his size, the decrease in efficiency is a concern. However, Sears can be a factor offensively, especially when put in positions where he can play downhill. The former Alabama point guard agreed to a two-way deal with the Bucks, who will play most of next season without Damian Lillard (Achilles). Also, Kevin Porter Jr. will be an unrestricted free agent. On paper, Sears is unlikely to be in a position to play rotation minutes. However, with the Giannis Antetokounmpo conversations from outside the organization, who knows what will happen once the dust settles after free agency? 10. F Grant Nelson, Alabama The 6-foot-10 Nelson played three seasons at North Dakota State before transferring to Alabama ahead of the 2023-24 campaign. He provided the Crimson Tide with offensive versatility in the frontcourt, but there is work to be done on the perimeter shot. In 37 games last season, Nelson averaged 11.5 points, 7.6 rebounds, 1.6 assists, 0.5 steals, 1.2 blocks and 0.6 three-pointers. Nelson shot 52.2 percent from the field, 25.8 percent from three and 66.7 percent from the foul line. While a solid defender, there's still room for growth, especially in the two-man game. Nelson's ability to consistently knock down perimeter shots will be a key factor as he looks to establish himself as a pro. If he can do that, he can be a steal in this draft class. Nelson is joining the rebuilding Nets on a two-way deal, and while Brooklyn is rebuilding, they also have five first-round picks to work into the fold.

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