Market Watch

Collaborative, Dynamic Leader Will Assist Course Material Paradigm Shift as the Higher Education Market Revolutionizes Delivery Models CHICAGO, Feb. 9, 2023 /PRNewswire/ — RedShelf (about.redshelf.com), a leader in the EdTech industry, today announced the addition of Frank Gentile as its new Vice President of Business Development & Customer Success. Gentile brings to RedShelf over 12 years of experience in the higher education market, having led product development, quality assurance, onboarding, support, sales, strategy, marketing, customer success, and operations teams. As Vice President of Business Development & Customer Success, Gentile will lead RedShelf’s Customer Success Team and newly formed Partner Growth Team as they assist institutions across the country to transform their digital course materials delivery with models such as Inclusive Access and Equitable Access. "Digital-first delivery models are the future of course materials in higher education, and Frank’s leadership will help us expand their benefits to students," said Greg Fenton, CEO of RedShelf. "On top of that, his focus on intense collaboration and constant innovation will allow us to continue to exceed our customers’ high expectations for service and responsiveness." "I am excited to join RedShelf’s team and for the opportunity to contribute to accelerating the trajectory of this […]

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Tenth annual Security Dealer Study addresses competitive pressures, industry conditions, and new trends for security market DALLAS, Feb. 9, 2023 /PRNewswire/ — Parks Associates’ 10 th annual Security Dealer Perspectives: Views from the Front Line presents and analyzes the results of a nationwide survey of installers/dealers who install security systems, including both owners and those employed by security firms. The survey, conducted at the end of 2022, reveals that one-third of owners of a security dealer firm have considered selling their business, although 42% have no succession plan. Continue Reading Parks Associates: Company Succession Statement The research quantifies the dealers’ view of the security market, with data compared across multiple surveys, and analyzes competitive pressures, industry conditions, and new trends, including the addition of smart home and interactive technologies. "2022 was a difficult year for home sales after several boom years, and the years to come will be challenging for the housing market," said Elizabeth Parks , President and CMO, Parks Associates. "Between inflation, increased home prices, rising mortgage rates, and general uncertainty over the health and direction of the economy, consumers are pulling back on spending and buying homes." Parks Associates’ research of 10,000 internet households shows that […]

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Photo: Bunge Ltd. ST. LOUIS — As it heads into fiscal 2023, executives at Bunge Ltd. expect the company to face challenges across its three main business units, including its core agribusiness segment, which is expected to be dragged down by the unit’s merchandising business. The sluggish outlook was presented against a backdrop of full-year financial results that included a 14% spike in sales. Bunge net income in the year ended Dec. 31, 2022, was $1.61 billion, equal to $10.51 per share on the common stock, down 23% from $2.08 billion, or $13.64 per share, in fiscal 2021. Adjusted total segment EBIT, though, increased to $2.86 billion from $2.53 billion. On an adjusted basis, earnings per share were $13.91 in 2022, up from $12.93 in 2021. Sales in 2022 were $67.23 billion, up 14% from $59.15 billion. Shares of Bunge climbed to $103.39 in mid-day trading on the New York Stock Exchange on Feb. 8, the day results were announced, before falling back to close at $98.69, down narrowly from the previous day’s close of $98.96. In a Feb. 8 conference call with securities analysts, Gregory A. Heckman, chief executive officer of Bunge, said the past year demonstrated the […]

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Whether you are just starting out in business or have been a credible brand name lauded in the industry for decades, it’s always critical to take a regular assessment of your areas of potential vulnerability—from business deals and investment opportunities to customer behavior patterns and satisfaction with a product or service. This will enable the organization to better prepare for and navigate through marketplace uncertainties—and be more likely to overcome the odds. In a global economy that is constantly evolving in a digital age, it’s essential for company leaders to protect their teams and their business by staying up to date on the latest consumer trends and market regulations so that they’re able to exceed expectations and remain in compliance at all times. Here are 13 tried-and-true best practices from Forbes Business Development Council members that are highly recommended. Members pictured from left to right. Photos courtesy of individual members. 1. Be Equipped To Fill Unexpected Consumer Needs And Trends Be nimble—if outside factors could impact your business, be ready to “move” into adjacent areas. Instead of focusing entirely on investments for new product development, think about how your existing products can benefit adjacent industries with minor adjustments. For […]

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Tags: ransomware social engineering phishing malware cyber attack threat vector email security business email compromise endpoint security detection and response cloud storage cloud backup ransomware business email compromise In this article, Cyber Security Hub explores how cyber attackers use threat vectors like phishing, social engineering and ransomware to enact business email compromise (BEC). Cybercrime is an ever-growing issue across virtually every industry. Expected to have a global cost as much as US$10trn by 2025 , companies must fight to combat malicious actors seeking to gain from cyber attacks against them. Threat actors increasingly use multiple threat vectors during attacks to overwhelm companies and make it easier for them to gain access to their network. This is makes it more important than ever to safeguard the most common vehicle for an initial breach point – email. The majority of hacking groups (65 percent) utilize email-based spear phishing campaigns as their primary attack vector. This cyber attack method targets specific individuals within an organization with the goal of compromising their credentials and using their privileged access to gain further control of a business’ network or steal information that only certain employees have access too. These campaigns can have a devastating impact, […]

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LONDON, Feb 9 (Reuters) – Britain’s business climate is deterring biopharma companies from investing in the country, AstraZeneca (AZN.L) chief Pascal Soriot said on Thursday, highlighting his company’s decision to shift plans for a new manufacturing plant to Ireland. The UK government’s ambition to become a life sciences "superpower" has been hampered by a discouraging tax environment, Soriot said, acknowledging the country was grappling with an "explosion of costs" driven by the impact of the COVID-19 on the healthcare system. While Britain is already considered a research powerhouse it is also lacking in other areas such as manufacturing incentives, and access to green energy, he said during a news conference after the company’s results. Without those elements, he added, companies will seek to develop drugs in other markets "where you know you’re going to get access and you’re going to get a price that can justify the investment". The British drugmaker seeks to offset declining sales of COVID-19 medicines with its cancer, metabolic and rare disease drugs and Soriot said it is on track to deliver at least 15 new medicines this decade. He highlighted AstraZeneca’s recent decision to build a manufacturing facility in Ireland instead of the UK […]

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getty When you’re both the CEO of a company and a father, the two worlds can sometimes collide, regardless of how hard you try to avoid it. Fortunately, there are some instances where that collision can be beneficial. I was recently in a situation in which I was explaining my belief about the best approach to building a company. My mind didn’t focus on business theory or trends; it wasn’t grasping at sports, war or movie metaphors, to name a tired few. Instead, I couldn’t stop thinking about toys—specifically, the timeless, infinite and inventive nature of LEGO bricks. There is something about those ubiquitous little bricks that inspires a logical, structured form of creativity in people of all ages. In some way, shape or form, all of the pieces fit with each other to transform ideas and creative instincts into something unique. From my perspective, understanding the beauty and benefits of LEGO provides a relevant framework for building and expanding a business in ways that are both responsible and innovative. Start with the basic building blocks. LEGO bricks are an intrinsically wonderful tool for building—and, by extension, an analog for expanding and trying new things at a company—because they […]

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Gov. Ned Lamont addresses a joint session of the Connecticut House and Senate as he presents his budget proposal for 2023-2024. Gov. Ned Lamont’s two-year, $50.5 billion budget includes a number of changes to business taxes and tax credits. While the Democratic governor’s budget includes more than $500 million in tax cuts , not all businesses will see relief. Before his budget reveal Wednesday, Lamont announced plans to pare back the pass-through entity tax, a levy created in 2018 to help business owners work around a new $10,000 cap on state and local tax deductions within the federal income tax system. This would save about 123,000 small and mid-sized businesses, collectively, as much as $60 million annually starting in 2024. Lamont also hinted in December that he would allow the state’s corporation tax surcharge, which was supposed to expire this year, to sunset. However, his budget released on Wednesday keeps the surcharge in place until 2025, costing C-corp companies $130 million over two years. Other tax changes in the governor’s proposal include: Boosting from 5% to 10% the business tax credit that encourages companies to invest in human capital, such as sponsoring new work education and training programs. The […]

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Inflation affects everyone. Our economy continues to be unpredictable, causing people and businesses to evaluate spending habits. Focusing on business decisions that provide cost savings and create a positive impact is more critical now than ever. One easily overlooked line item is employee tobacco use. When employees use tobacco, it negatively impacts their personal bottom line as well as your business. Does your benefits program effectively address tobacco use, and how much money would a successful quit program save your company? The true cost of tobacco In the U.S., a pack of cigarettes now averages $8 . That pack-a-day habit costs people who smoke nearly $3,000 a year. The lifetime cost of smoking is in the ballpark of a quarter million dollars today and will only grow higher in the coming years. This figure doesn’t include medical expenses from tobacco-related illnesses. According to the CDC , cigarette smoking is the U.S.’s leading cause of preventable death. Cigarette smoking causes more than 480,000 deaths yearly in the U.S. — nearly one in five. It’s common knowledge that quitting all forms of tobacco makes sense, especially as we encounter and work to navigate things like inflation and the potential of a […]

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Helen Zad , Administrator of Active Plus Home Health and Divine Grace Hospice, and Host of Femme Fatale by Helen Podcast. getty While no two paths to success will look alike, I believe there are some foundational elements that any successful business will have in common. Here are my three non-negotiable starting principles that I always employ with my business ventures that I hope can help you maximize your own potential. 1. Write a detailed business plan. Your business plan is your springboard when you’re starting to build. And while you may need to adjust it as you go, your plan from day one should be complete and as detailed as possible. You can find all kinds of free templates online for how to structure your plan, but here are the key ingredients. • Your product: Write a description of your product or service, how it compares to other products of its nature in the market and why yours will be successful. How does it meet a need? Include extensive market research—you should know the field and your competitors inside and out. • Passion: You need to strongly believe in your product. Why do you want to produce this? […]

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