Summary The company reported a mixed quarterly report and expects a challenging environment for the full year 2023 due to changing consumer demand, high inventory levels and lower truck rates. Several analysts expect continued EPS growth for the next few years. The current dividend yield is high at 2.7%, and the dividend rate has increased an average of 15% annually over the past 10 years. Union Pacific expects challenges for 2023 and beyond, but the current share price levels seem like a good buying opportunity right now. Laser1987/iStock Editorial via Getty Images Introduction Union Pacific (NYSE: UNP ) has been in a downtrend of late as the general markets have also declined significantly. Still, the company has performed strongly over the past 10 years, with total returns better than the S&P 500. Union Pacific gave mixed projections for its earnings forecasts, but I think the share price has already corrected significantly to incorporate these risks to the company. The stock’s valuation is currently favorable and offers investors a good buying opportunity in my view. Data by YCharts Fourth Quarter And Full-Year Results Union Pacific reported its fourth-quarter and full-year results on Jan. 24, 2023. Earnings per share ($2.67 per […]

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Application Window for the Broadband Infrastructure Program to Open Beginning February 28 and Closing April 14 Tallahassee, FL – Today, the Florida Department of Economic Opportunity (DEO) announced that more than $247 million in funding is available for broadband infrastructure expansion through the Broadband Infrastructure Program. The application window will open on February 28, 2023 and close on April 14, 2023. Allocated by the U.S. Treasury’s Capital Projects Fund, the Broadband Infrastructure Program aims to expand and improve broadband Internet infrastructure with a focus on workforce, education, and health monitoring. The program prioritizes unserved and underserved Florida communities in addition to communities with internet service speeds below symmetrical download and upload speeds of 100Mbps. Eligible sub-recipients, including municipalities, county governments, non-profits, or private entities (such as Internet Service Providers), co-operatives, and electric utilities can find resources to prepare an application at www.FloridaJobs.org/Broadband . To provide communities with information on the timeline, scoring criteria, and funding and eligibility requirements for the Broadband Infrastructure Program, DEO is hosting a Technical Assistance Webinar on Thursday, March 2, 2023, from 3 p.m. to 4 p.m. The webinar will assist prospective applicants in developing applications for funding. DEO staff will also be available to […]

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News digital transformation written with a typewriter The 2023 TEKsystems Digital Transformation report reveals some sobering trends on how the current economic uncertainty is having an impact. IT service management vendor TEKsystems released its 2023 State of Digital Transformation report on Feb. 28, revealing how economic uncertainty is having an impact on decision-making. Among the key findings in the report is that there are four key strategies that help separate digital transformation leaders from laggards. Related: Digital Transformation, Cybersecurity, IT Staffing Top C-Suite Concerns The first is that leaders focus on building strategic alignment, with digital transformation identified as a core foundation for business strategy. Valuing the right mix of both IT and business stakeholders is the second key differentiator. Digital transformation leaders also map out their journeys, defining desired business outcomes from the start. Rounding out the differentiators is the fact that leaders tend to optimize spending. The report also identified three overriding trends in the current digital transformation landscape: 1. Digital transformation journeys are changing. As economic uncertainty grows, organizations are shifting what goals they need to achieve. 2. Connecting a workforce to the value of digital transformation efforts remains vital to success. The report found that […]

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Vision includes focus on student success; research excellence; land-grant impact; diversity, equity, inclusion and belonging; and internal operations; presidential vision and goals will support framework for University’s next strategic plan Penn State President Neeli Bendapudi at Schwab Auditorium at University Park campus. Credit: Michelle Bixby / Penn State. Creative Commons UNIVERSITY PARK, Pa. — Penn State President Neeli Bendapudi today (Feb. 27) shared her vision for the future of the University — a vision defined by building steadfastly on Penn State’s purpose, enabling agility across the institution to respond to ever-changing needs, and leveraging the University’s many strengths to realize strategic opportunities. “Focusing on our purpose, increasing our agility and leveraging our opportunity will be the core drivers of the future of our great University,” Bendapudi said. “We must build on our legacy as Pennsylvania’s only land-grant university and our foundational purpose of serving our commonwealth, our nation and our world. We must be agile to meet the needs of our students, an evolving workforce, the commonwealth and, indeed, humanity. We must rise to meet the opportunities before us, to continue preparing our students for lifelong success, to continue solving the world’s most pressing problems through cutting-edge research, and […]

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Sri Lanka is at a critical moment in its history. Years of economic mismanagement, weak governance, poor policy choices, and the impacts of external shocks such as the COVID-19 pandemic and the Russian invasion of Ukraine, plunged the country into its worst-ever crisis in 2022. Economic collapse and political instability have devastated lives and livelihoods across the board, dealing the heaviest blow to the poorest and most vulnerable. Regular climate-induced disasters add to Sri Lanka’s fragility. The depth of the crisis has made it clear that Sri Lanka needs a new development model. But the road to recovery is challenging and the necessary fiscal adjustment measures can be painful. Debt relief from Sri Lanka’s creditors and fresh financing from international financial institutions are thus urgent to ensure people don’t lose patience with reforms and the opportunity for a change isn’t lost. The economic crisis has left deep scars. Poverty nearly doubled in Sri Lanka between 2021 and 2022, climbing from 13 to a staggering 25% (using a poverty line of $ 3.65 per person per day), and is projected to increase by more than 2 percentage points in 2023. In the same timeframe, urban poverty tripled from 5 to […]

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Noventiq ( LSE: SFTL ), the global digital transformation and cybersecurity solutions and services provider, announces that the acquisition of the majority stake of Saga Group has been closed. In September 2022, Noventiq signed an agreement “to acquire Saga Group.” The transaction strengthens Noventiq’s presence in Eastern Europe as well as “opening other markets such as Serbia, Montenegro, Bosnia and Herzegovina, and North Macedonia.” With this acquisition , Noventiq customers now “have access to Saga Group’s own digital products, including its own IP for digital banking, Fintense created by Saga’s subsidiary NF Innova, which is an omnichannel digital banking platform offering process automation, data management and personal advisory.” Saga’s other sophisticated IP platform, Weaver which is “a mature AI developed chatbot, and Selecta, which is a next generation AI-empowered CRM platform are owned and created by Intellya, another subsidiary of Saga Group.” Saga Group, and all its subsidiaries, “will continue to operate under its existing brand while incorporating the ‘a Noventiq company’ into its logo.” The group, which will “maintain its headquarters in Belgrade, will continue to be led by its current management team, and the President of Saga Supervisory Board, Dejan Popovic.” Now that the deal has been […]

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 24, 2023 Digital Transformation Opportunities Corp. (Exact name of registrant as specified in its charter) Delaware 001-40177 85-3984427 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification Number) 10250 Constellation Blvd, Suite 23126 Los Angeles, CA 90067 (Address of principal executive offices) (Zip Code) (360) 949-1111 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) x Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Securities Exchange Act […]

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(WO) — Intelligent Wellhead Systems Inc. (IWS), a leading supplier of digital technologies that improve oil and gas well completion operations, announced that Shiblee Hashem has joined the executive management team as Vice President of Operations. In his new role, Hashem will lead the rapidly growing operations team, including the regional managers and U.S. facilities teams, and work closely with the COO to drive the company’s digital transformation strategies to meet financial goals. “Safety and efficiency have always been part of the IWS mission,” said Hashem. “As the company grows in 2023, our focus is on delivering the highest service quality while maintaining safe and efficient operations,” he added. Hashem brings more than 25 years of oil and gas consulting and operations management experience in both upstream and downstream services. Throughout his career, Hashem has worked closely with some of the largest independent and national oil companies in Europe, the Middle East, Asia, North and South America, and North, East and West Africa. Drawing upon his extensive national and international experience, he offers a diverse professional background in both executive and technical management. Prior to joining IWS, he held senior management positions with AccessESP (a Baker Hughes Company) and […]

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OS customers will now receive a personalised data experience when accessing the OS National Geographic Database (NGD), with the ability to create customised data selections and pick and choose data as and when they need it from a simplified data structure. Ordnance Survey (OS), has announced its most significant digital transformation milestone in over a decade, providing faster and easier access to location data for customers across the public and private sectors. OS is a data services and solutions company that has been providing accurate location data and insights for governments, businesses, and consumers for more than 230 years. This huge investment will enable faster and easier access to Britain’s most authoritative location data, providing customers with enhanced access via the OS Data Hub, driving efficiencies and enabling accurate location data to be at centre of core decision making, products, and services. The digital transformation will offer customers a personalised data experience when accessing the OS National Geographic Database (NGD) which contains over half a billion geographical features and is kept up-to-date with 20,000 daily changes. With the ability to create customised data selections, customers will be able to more easily pick and choose data as and when they […]

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JAKARTA, Indonesia, Feb. 28, 2023 /PRNewswire/ — ABB (NYSE: ABB), a global leader in providing digital solutions for manufacturing and process industries, has been continuing to make significant progress in helping businesses in its key sectors of cement, metals, mining, pulp and paper, gearless mill drives (GMDs), hoists, food and beverage, data center automation, high power rectifiers, and batteries, to streamline their processes through digital transformation. ABB’s Value-driven software solution areas Digital transformation changes how an organization fundamentally operates, communicates, and engages with its customers. According to the Forrester Analytics Business Technographics , in 2021, only 43% of firms in Indonesia are on a digital transformation journey. Even so, digital transformation is critical, especially in improving operational efficiencies, reducing the risk of breach, and minimizing the risk of human errors. Traditional working methods are disrupted to become more digital since a large part is about cultivating a digital culture and upskilling employees to ensure everyone is ready to work through the transformation. "If you talk about Digital Transformation, people instantly think there’s a program with a start and end date, but Digital Transformation is more than that. It is continuous, and the biggest issue is not with technology; it’s […]

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