Market Watch

Oracle company headquarters. Inflation is increasing the cost of living and doing business around the world. The latest item to increase in price appears to be an Oracle Java SE subscription. Java is among the most popular programming languages in the world and is available in a number of ways. The most recent release of the language — Java 19 — came out in September 2022. Java 19 boasts new features designed to improve performance. Developers and organizations can choose to use the open source version of Java known as OpenJDK for free without support or get support via a commercial vendor. Oracle, a leader of the Java community, provides a fully supported and maintained version, known as Java SE, which carries a subscription cost for organizations. Oracle published its latest public pricing list for its Java SE subscriptions on Jan. 23. Among the big changes is the replacement of the prior Java SE subscription options with a new Java SE Universal subscription plan. According to an Oracle FAQ , "the Java SE Universal Subscription is a simple, low-cost monthly subscription that includes Java SE Licensing and Support for use on Desktops, Servers or Cloud deployments." A potential implication […]

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Telisha Woodfin (left) is one of several Richmond-based business owners working with Elsie Harper-Anderson, Ph.D., an associate professor at the L. Douglas Wilder School of Government and Public Affairs, (right) on how to address the challenges she faces as a business owner. (Photo by David Slipher, L. Douglas Wilder School of Government and Public Affairs at VCU) Elsie Harper-Anderson, an associate professor in the Wilder School of Government and Public Affairs at VCU, is advancing Richmond as a national model for entrepreneurial study and investment. L. Douglas Wilder School of Government and Public Affairs When Elsie Harper-Anderson , Ph.D., thinks about the economics of equitable entrepreneurship, her focus extends beyond economic statistics on equality in urban labor markets.She’s recognized a growing need to reach beyond the numbers and uplift voices by capturing a new type of data — the intersection of the everyday lived experience and the journey of entrepreneurship. What are their day-to-day lives like? What are the unique factors impacting their success? What are their perceptions and concerns within the local business environment? These questions are leading Harper-Anderson, an associate professor at the L. Douglas Wilder School of Government and Public Affairs at VCU, down an uncharted […]

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A recent merger between Applied UV Inc. , Puro Lighting (PURO), and LED Supply Co. (LED Supply) seems to have triggered some excitement in the ultraviolet (UV) disinfection equipment industry. For industry watchers, particularly investors, who are constantly on the hunt for viable investment opportunities, the merger could be on their radar, especially as such a deal can shape the sector’s future. Address A Growing UV Disinfection Market Applied UV believes that the PURO merger further positions it to address a growing air disinfection market trend that aligns with the White House Clean Air Initiatives implemented during the height of the COVID-19 pandemic. The initiative was designed to protect consumers and businesses against existing and future airborne pathogens allowing economies globally to remain open. In terms of the overwhelming opportunities the deal presents, Max Munn, CEO of Applied UV, explained in a press release that it heightened the significant synergies between Applied UV and PURO. The company’s acquisition of PURO adds a powerful monitoring software platform that opens new opportunities to interconnect its portfolio of UV technology solutions. Puro already has a strong presence in various sectors, such as education, government, and healthcare. These sectors have some of the […]

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Eli Lilly (LLY) reported mixed fourth-quarter results Thursday morning, but we’re looking through the stock’s post-earnings sell-off because there’s no change to the pharmaceutical giant’s bright long-term potential. Notably, the company’s potential blockbuster obesity drug remains on track to be cleared by U.S. regulators by the second half of this year — encouraging news for shareholders, like us at the Club, whose investment case counts on the weight-loss therapy’s success. Revenue fell nearly 9% year-over-year, to $7.3 billion, missing analysts’ expectations for $7.33 billion, according to estimates compiled by Refinitiv. Much of the sales decline is tied to the loss of Covid-19 antibody revenue. Adjusted earnings-per-share (EPS) of $2.09 comfortably beat analysts’ forecasts of $1.78, according to Refinitv. Bottom line There’s definitely some noise surrounding Eli Lilly’s results, including sales of its key diabetes drug Mounjaro. But that’s not the only reason for the stock’s more than 5% decline in Thursday trading. A lot of this move lower is due to a vicious market rotation out of stocks that did well in 2022 like health care, energy, and consumer staples in favor of technology and other areas that were crushed last year by inflation and massive slowdowns in their […]

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Every competent salesperson recognizes the importance of accurately qualifying every sales opportunity. But I want to suggest two other things that we also always need to know about every sales opportunity – and they relate to the nature of our prospective customer’s buying journey. These two factors are: Do they consider this to be an inevitable or a discretionary purchase, and Are they embarked on a familiar or unfamiliar buying process? These two factors have very significant implications for our customer’s buying decision journey, for our sales strategy and process, and for our chances of winning their business – and I’m going to spend the rest of this article exploring the ramifications of these factors. This post is longer than usual and was originally published on LinkedIn . I’ll also be covering the material in my webinar with the Institute of Sales Professionals on the 7 th February – you can sign up here … Factor #1: Is this an inevitable or a discretionary purchase? If this is an inevitable purchase (such as materials or supplies for an ongoing process), the customer must buy something – the key questions being what, from whom, and on what terms? If this […]

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American Cancer Society and ACS CAN Continue Commitment to End Cancer As We Know It, For Everyone WASHINGTON, Feb. 2, 2023 /PRNewswire/ — On the one-year anniversary of the reignited Cancer Moonshot, the White House looked back on a year of progress and announced several public and private commitments to continue to work toward the initiative’s mission to, "End cancer as we know it today." Among the commitments of the private and nonprofit sectors shared by the administration, the American Cancer Society and its advocacy affiliate, the American Cancer Society Cancer Action Network (ACS CAN), are highlighted for ongoing work across the enterprise to support the Moonshot’s five key priority areas: (1) close the screening gap, (2) understand and address environmental exposure, (3) decrease the impact of preventable cancers, (4) bring cutting-edge research through the pipeline to patients and communities, and (5) support patients and caregivers. "The American Cancer Society and ACS CAN are well aligned with the Moonshot’s mission, and remain steadfast in our commitment to improve the lives of people with cancer and their families," said Dr. Karen E. Knudsen, CEO of the American Cancer Society and ACS CAN. "The progress we’ve realized to date in understanding […]

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TULSA, Okla. – The City of Tulsa is reorganizing by moving six offices into a newly created department. The new Department of City Experience ( DCE ) will focus on design and community development on a neighborhood level, Tulsa Mayor G.T. Bynum said. Mayor Bynum said this move will allow Tulsans to collaborate with the DCE and create a better future for the city. The DCE will include Community Development and Housing, City Design Studio , the Mayor’s Office of resilience and Equity (MORE) and three other offices. The city said the merge will also reestablish the Public Works Department to focus on improving street construction and maintenance. The City of Tulsa is a little behind because most cities across America already operate this way, Mayor Bynum said. “The goal here is to streamline processes and to put the citizens of Tulsa and good design at the front end of every project that we do,” Mayor Bynum said. “And then to have the people who do that design and engineering work, working alongside their colleagues at the city who are responsible for actually implementing all the work." The reorganization will take place July.

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According to stock market experts, GMM Pfaudler stocks are falling today due to the weak quarterly results announced yesterday. They said that the stock is a quality stock and belongs to one of the three Saurabh Mukherjea’s Little Champ stocks. So, this dip can be a good opportunity for positional investors who have a long term horizon. However, they advised investors to wait for breakout expected at ₹1,700 apiece levels or at ₹1,250 support leve as the stock is trading in this ₹1,250 to ₹1,700 per share range. Speaking on the reason for dip in GMM Pfaudler shares, Anuj Gupta, Vice President — Research at IIFL Securities said, "This Saurabh Mukherjea’s Little Champ stock has fallen today because the chemical company has reported its Q3 results yesterday, which is below the estimates of Dalal Street. However, the stocks is a quality stock and it is close to its 52-week low as well. So, bottom finishers looking to add quality stock in its portfolio are advised to look at this buy on dips stock for long term." Advising long term investors to wait for more clarity in trend, Ravi Singhal, CEO at GCL Broking said, "GMM Pfaudler shares are in […]

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Markets It didn’t quite turn out how we expected it to be. Especially on bond markets. Fed Chair Powell and ECB Lagarde missed out on the opportunity to talk up markets towards their envisioned monetary policy paths . In case of the US, we follow some of Powell’s “caution” given the absolute level of the policy rate and the fact that core inflation starts showing signs of coming down. Nevertheless, market pricing still doesn’t stroke with Fed intentions to deliver multiple rate increases (2 times 25 bps as envisioned in December dot plots). In case of Europe, we are totally flabbergasted by the bond rally seen yesterday , even as ECB Lagarde during the Q&A initially reluctantly, but later on more decisively, pushed back against the notion of hitting a potential peak rate (soon) after March and against the idea of cutting back rates soon after. EMU core inflation is still rising and the ECB wants to be absolutely sure that inflation is back at 2% – “not just for weeks or even months” – before reversing the current course. Our longer term view remains bearish on especially European bonds , but we acknowledge that short term momentum could […]

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Retail Opportunity Investments A number of research analysts have recently commented on ROIC shares. TheStreet downgraded shares of Retail Opportunity Investments from a "b-" rating to a "c+" rating in a research report on Tuesday, October 25th. Raymond James downgraded shares of Retail Opportunity Investments from an "outperform" rating to a "market perform" rating in a report on Wednesday, January 4th. BTIG Research downgraded shares of Retail Opportunity Investments from a "buy" rating to a "neutral" rating in a report on Wednesday, January 11th. Finally, assumed coverage on shares of Retail Opportunity Investments in a report on Wednesday, October 12th. They set a "hold" rating for the company. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Based on data from MarketBeat.com, Retail Opportunity Investments currently has an average rating of "Hold" and a consensus price target of $17.00.

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