It's Not the Most Wonderful Time of the Year for Joy Behar and She Says One Person Is to BlameAuburn coach Bruce Pearl is cautioning his team not to overlook visiting Monmouth when they clash on Monday night, in what will be the Tigers' final nonconference game of the regular season. The No. 2 Tigers (11-1) have won four in a row following their lone setback against host Duke on Dec. 4. They open Southeastern Conference play on Jan. 4 against visiting Missouri. But Pearl is wary of the Hawks (2-10), who have won two of their past four games, including a victory at Seton Hall on Nov. 30. Monmouth is led by Abdi Bashir Jr., who ranks among the top 10 in the nation in scoring at 21.6 points per game. The Hawks are coming off an 88-74 win over Fairfield on Dec. 21 in what was their first home game of the season. "(Monmouth coach) King Rice's team has played a really tough schedule and played only one home game," Pearl said. "I think it says a lot and they have a great, great player in (Bashir). He's long and he can shoot it. They play an attractive style, and their record goes out the door." Auburn likely will be fine should forward Johni Broome continue his magnificent play of late. Broome, who leads the Tigers in scoring (18.5 points per game), rebounds (11.5), assists (3.3) and blocks (2.6), bounced back from a right shoulder injury scare and led his team to an 87-69 victory against then-No. 16 Purdue on Dec. 21. Broome scored 23 points and grabbed 11 rebounds to lead Auburn to its fourth win this season over a ranked opponent. With more than a week to rest, Broome figures to be good to go against Monmouth and fit to begin the tough stretch that follows. In addition to Broome, Auburn has seen stellar guard play from Chad Baker-Mazara (12.8 points per game) as well as Tahaad Pettiford and Denver Jones, who each are averaging 11.3 points per game. Bashir, who is shooting 42.9 percent from 3-point range and 42.0 percent overall from the field, has showcased his skills as one of the most explosive scorers in the country against a solid schedule. Monmouth has faced Michigan State, Rutgers and Temple in addition to its 63-51 triumph over Seton Hall on the road. In addition to Bashir Jr., Madison Durr has provided offense with 10.3 points per game and the Hawks have been solid on the boards thanks to Jaret Valencia (6.0 rebounds per game) and Jack Collins (5.3). Valencia and Collins also have been effective scorers, helping take some of the defensive pressure off Bashir at times. But Rice would like to see more consistency from his team, especially on the defensive end. The victory over Seton Hall was the only time Monmouth has held a team below 70 points this season. "We have kids who can score the ball," Rice told reporters following a loss to Lehigh Dec 4. "Abdi can score, Jaret can score, Jack can score, everybody can score. But right now our defense is one of the worst in the country because we're not committed to guarding for each other." --Field Level Media
RESEARCH TRIANGLE PARK, N.C. , Nov. 27, 2024 /PRNewswire/ -- Charles & Colvard, Ltd. ("Charles & Colvard" or the "Company") (Nasdaq: CTHR) today announced that on November 21, 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 Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of all required periodic reports (the "Listing Rule"), as a result of not having timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the "Form 10-Q"), and because the Company remains delinquent in filing its Form 10-K for the fiscal year ended June 30, 2024 (the "Form 10-K"), with the Securities and Exchange Commission (the "SEC"). The Form 10-Q was due on November 14, 2024. The Company filed a Notification of Late Filing on Form 12b-25 with the SEC on November 15, 2024. The Notice has no immediate effect on the listing or trading of the Company's common stock on Nasdaq. Under Nasdaq rules, the Company has until December 17, 2024 , to regain compliance with the Listing Rule or to submit to Nasdaq a plan to regain compliance with the Listing Rule (the "Plan"). If Nasdaq accepts the Company's Plan, then Nasdaq may grant the Company up to 180 calendar days from the Form 10-K filing due date, or until April 14, 2025 to file its Form 10-K and Form 10-Q and regain compliance. 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 Charles & Colvard, Ltd. Charles & Colvard, Ltd. (Nasdaq: CTHR) believes that fine jewelry should be as ethical as it is exquisite. Charles & Colvard is the original creator of lab grown moissanite (a rare gemstone formed from silicon carbide). The Company brings revolutionary gems and fine jewelry to market by using exclusively Made, not MinedTM above ground gemstones and a dedication to 100% recycled precious metals. The Company's Forever OneTM moissanite and Caydia ® lab grown diamond brands provide exceptional quality, incredible value and a conscious approach to bridal, high fashion, and everyday jewelry. Charles & Colvard was founded in 1995 and is based in North Carolina's Research Triangle Park region. For more information, please visit https://www.charlesandcolvard.com/ . Forward-Looking Statements This press release contains a number of 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. Words such as "plan," "expect," "will," "working," and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, the expected filing of its Form 10-K and ability to regain compliance under the Nasdaq listing rule. These forward-looking statements are not guarantees of future results and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond our control. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the Securities and Exchange Commission, including the risks and uncertainties described in more detail in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended June 30, 2023 and subsequent reports filed with the SEC. For example, there can be no assurance that the Company will regain compliance with the Listing Rule during any compliance period or in the future, or otherwise meet Nasdaq compliance standards. Forward-looking statements speak only as of the date they are made. The Company disclaims and does not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation and you are urged to review and consider disclosures that we make in the reports that we file with the SEC that discuss other factors relevant to our business. View original content to download multimedia: https://www.prnewswire.com/news-releases/charles--colvard-ltd-receives-non-compliance-letter-from-nasdaq-302317543.html SOURCE Charles & Colvard, Ltd.
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DALLAS — After their failed pursuit of Juan Soto, the baseball world was waiting for the Red Sox . And on the final day of the winter meetings, Boston took care of a significant need, , including catcher Kyle Teel, outfielder Braden Montgomery, infielder Chase Meidroth and right-hander Wikelman Gonzalez. Crochet, 25, has been one of the biggest trade pieces on the market since July’s trade deadline, and it’s easy to understand why. The new Red Sox ace thrived in his first full season as a starter in 2024, quickly becoming one of the game’s elite power arms as he struck out 209 to the tune of a 3.58 ERA. One look at Crochet’s underlying metrics shows just how much of an impact addition the southpaw is. He led MLB last season with a 35% strikeout rate in just 146 innings, and after the Sox missed out on the likes of , they can now cross frontline starter off their list of offseason needs. Ever since Craig Breslow took over as Boston’s chief baseball officer, pitching has clearly been a priority for the team as the Red Sox look to keep pace in the stacked AL East. Adding Crochet allows the Red Sox to slot the rest of their rotation down, with Crochet followed by the likes of Tanner Houck, Kutter Crawford and Bryan Bello after . Perhaps the biggest bonus here for the Red Sox is acquiring a frontline starter with two years of club control remaining, especially given . Boston could certainly extend Crochet and keep him in a Red Sox uniform for the foreseeable future. , Boston can now chart a new course for the remainder of this winter, the next step of which should be searching for more offense. The Red Sox should be in the mix for , and would also help them upgrade their offense. With one of the strongest farm systems in baseball and an urgent need for top-end pitching, the Red Sox were always a sensible match for Chicago in its pursuit of a Crochet deal. Once it became clear that Crochet was available, it wasn’t difficult to dream up combinations of Red Sox prospects and/or young position players who could entice the White Sox to pull the trigger on the blockbuster deal they were seeking. Which of Boston’s so-called “Big 4” prospects — outfielder Roman Anthony (MLB Pipeline’s No. 3 overall prospect), shortstop Marcelo Mayer (No. 7 overall), catcher Kyle Teel (2023 first-round draft pick) and Kristian Campbell (one of 2024’s biggest prospect breakouts) — would the White Sox prioritize in a Crochet deal? Might Chicago have interest in young hitters we’ve already seen in the big leagues, such as Wilyer Abreu or Triston Casas? Or would minor leaguers remain the focus? Well, our imagination is no longer necessary. The requisite prospect package for Crochet has been assembled — and Boston indeed paid a hefty price. Teel is the headliner — and a fascinating one at that. The 14th overall pick in the 2023 draft, he combines rare athleticism for a catcher with exciting offensive upside. He improved at the plate each season during his three years at the University of Virginia and didn’t stop hitting once he entered pro ball, racing all the way to Triple-A by the end of 2024. His statlines might never be especially gaudy, but the bar for catcher production at the plate is notoriously low — and Teel projects to clear it comfortably. While his fantastic arm is his best trait on defense, he continues to improve in other aspects of the position. This is one of the best catching prospects in baseball. Catcher is a crucial position for any franchise to have figured out, and now Chicago has multiple promising candidates atop its system, as Teel joins 21-year-old switch-hitter Edgar Quero — acquired from the Angels for Lucas Giolito and Reynaldo Lopez at the 2023 trade deadline — as another potential backstop of the future. Both players finished 2024 in Triple-A, so it’ll be interesting to see which arrives in the major leagues sooner and if either starts to get playing time at other positions to increase the likelihood that they could occupy the same roster for years to come. Conversely, Teel’s departure creates some interesting questions about Boston’s catching depth moving forward. Teel appeared primed to be the team’s backstop of the future, but now the line of succession behind Connor Wong is unclear. And Wong isn’t exactly a sure thing moving forward. While his surface numbers at the plate were solid in 2024, he rates poorly across the board defensively, and his underlying offensive metrics portray a far less potent bat. This is certainly a position to monitor for Boston. Montgomery is arguably the co-headliner alongside Teel, and it would not be surprising if he emerges over the next calendar year as Chicago’s best position-player prospect. He appeared to be a consensus top-eight talent in the 2024 draft as a switch-hitting slugger out of Texas A&M, but he broke his ankle late in his junior season and ultimately fell to Boston at No. 12. He didn’t play after signing because of the injury, so now his pro debut will take place with a new organization. There are some questions about his overall hit tool, but Montgomery looks like a potential star right fielder on paper. This trade makes him one of the more intriguing players in minor-league baseball entering 2025, as he will look to make a strong first impression for a team that surely has sky-high expectations for him. With so much infield depth at Boston’s upper levels, Meidroth’s remarkable ascent to the cusp of the big leagues has gone somewhat overlooked. I highlighted him last summer as one of the for his combination of defensive versatility and tremendous on-base ability, and now he joins a team that offers markedly more opportunities for him to make an impact at the major-league level in the near future. He still needs to work on elevating the ball more frequently, but the terrific plate discipline skills remain intact, and it would not be surprising to see Meidroth get considerable playing time in Chicago in 2025. In a Boston farm system flush with bats, Gonzalez stood out for his upside on the mound, though he comes with considerable questions. At roughly 6 feet and 180 pounds, he doesn’t have the typical workhorse starter build, but he makes up for that with an incredibly live arm and fantastic raw stuff featuring a mid-90s heater and a plus curveball. He broke out in a huge way in 2023, when his 35.2% strikeout rate led minor-league pitchers with at least 100 innings, but his 14.7% walk rate was 12th-highest . Command remains a struggle for Gonzalez, and he spent all of 2024 in Double-A, failing to replicate that level of dominance before he was limited to more condensed outings. He’ll be just 23 next season, and there are plenty of encouraging ingredients in place, but it remains unclear whether his future is in the bullpen or the rotation. On the whole, Boston has to feel good about getting this deal done without trading away a potential superstar in Anthony or any of the key pieces on the current major-league roster. This is a healthy amount of talent to give up, but as the market has dictated, starting pitching is expensive no matter how you acquire it, and Crochet was one of the best arms available. For the White Sox, more than any of the other deals made during their complete teardown of the roster over the past two years, this trade has the potential to alter the outlook of Chicago’s rebuild dramatically. Teel and Montgomery project as the kind of offensive building blocks this franchise sorely needs. But prospects are never guaranteed, so as with any trade of this nature, we’re years away from being able to properly assess its consequences.
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