Market Watch

In 2021, people officially got fed up with work. The Great Resignation, spurred by the COVID-19 pandemic, economic conditions, and a long-simmering dissatisfaction, spread across the U.S., with over 47 million people quitting their jobs—23% of the workforce. A new report by the ed tech company Cengage Group shows that, one year later, the great resigners have a strong desire for reskilling and upskilling programs—an opportunity for higher ed. Michael Hansen, CEO of the Cengage Group “Colleges who offer flexible, shorter term and cost-effective ‘micro-credential’ opportunities will win out in today’s market,” said Cengage CEO Michael Hansen. “Colleges who offer courses tied to employer needs and at affordable costs will capitalize on the high demand and in turn help the workforce and economy make a comeback.” The report is based on a survey of 1,200 people over 25 who quit their job and found a new one between May 2021 and May 2022. Its results were clear: opportunities to advance are crucial. A higher percentage of respondents cited feeling “stuck” in their role as the primary reason for leaving their job than cited inadequate compensation. The number one reason that resigners chose new jobs was because the company had […]

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Northrop Grumman has fared worse than any other S&P 500 stock over the first few weeks of 2023. The company is scheduled to report Q4 earnings on Jan. 26. The industry’s downturn began on Jan. 6 when new House speaker Kevin McCarthy discussed slashing the defense budget. So far, the Street is holding firm except for Goldman Sachs as the lone bear Northrop Grumman (NYSE: NOC ) has recently faced heavy artillery. No S&P 500 stock has fared worse than the global defense contractor over the first few weeks of 2023. Not surprisingly, social media chatter around Northrop Grumman is on the rise. Traders are debating whether the -17% year-to-date decline is an opportunity or a sign of more to come. While you’re there, swing to the Chart tab for a visual perspective of where the stock has been — and, more importantly, where it could be headed, powered by TradingView, the chart has an extensive library of technical indicators, metrics, and strategies that can help create a winning edge. For instance, adding the Relative Strength Indicator (RSI) on the daily chart reveals that Northrop Grumman has reached extreme oversold levels . The Bollinger Band indicator also suggests the […]

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Rod Burkard stands with the Case VAC tractor and antique plow he used to win first place in the Minnesota Plowing Organization’s state contest in August 2022. READING — Rod Burkard’s 1945 Case Centennial moldboard 2-bottom, 14-inch plow sits out behind his shop, buried in a snow drift on a crisp January afternoon, but last August, the piece of antique farm machinery propelled Burkard to first place in the Minnesota Plowing Organization’s annual plowing contest near Greenwald. To say he was shocked by the results would be accurate. It was Burkard’s second year competing in the state plowing contest, and the first year was very much a learning opportunity. His 3-bottom, 18-inch moldboard plow was simply too big to create perfectly plowed rows in the eyes of the judges, and his tractor wasn’t really suitable either. Rod Burkard, of rural Reading, holds the trophy he received from the Minnesota Plowing Organization’s 2022 contest. Behind him is the Case VAC tractor he drove in the competition. Despite the use of less-than-ideal equipment, Burkard ended up with a second place finish at the contest — held that year in Lake Wilson — because three of the competitors in his division couldn’t […]

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SAUL LOEB/AFP via Getty Images Microsoft (NASDAQ: MSFT ) announced its Q2 earnings on Tuesday and initially the stock popped 5% as the company’s cloud business was particularly strong. However, Microsoft gave guidance during the conference call and shortly after announcing Q3 revenue guidance shares of Microsoft did a U-turn. Microsoft Q3 Revenue Guidance Productivity and Business Processes: $16.9B – $17.2B Intelligent Cloud: $21.7B – $22B Personal Computing: $11.9 – $12.3B Revenue Guidance Totals: $50.5B – $51.5B Source: Microsoft Q3 Outlook Slides Q3 Wall Street estimates for Microsoft ranged from $51.25B on the low end to $57.33B on the high end – with a consensus of $52.67B (6.7% growth) for the upcoming quarter. Keep in mind, the $52.67B Q3 consensus has steadily been revised down by analysts over the past six months, meaning Microsoft’s revenue bar was already lowered – and the company is guiding underneath it. As a long term focused investor, I’m not overly concerned about the next few quarters where it appears Microsoft will miss the mark from a revenue perspective. However, start stretching Microsoft’s revenue estimates out into fiscal Q1 (September 2023) and beyond, Wall Street is expecting revenue growth to reaccelerate back into the […]

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Deadline for application submission is Feb. 15, 2023 Federal Funds that have been awarded to Geauga County through the Department of Homeland Security/Federal Emergency Management Agency under the Emergency Food and Shelter National Board Program. Federal Funds that have been awarded to Geauga County through the Department of Homeland Security/Federal Emergency Management Agency under the Emergency Food and Shelter National Board Program . “This program allows organizations that provide food, shelter, and utility assistance to residents to apply for funding,” said Claudia Toth of United Way Services of Geauga County . “The total amount available for this funding period is $42,169.” A local board made up of representatives of Geauga County agencies, The Salvation Army, Catholic Charities, United Way, Ravenwood Mental Health Center and faith-based volunteers will determine how the awarded funds — and any additional funds made available under this phase of the program — are distributed among the emergency food and shelter programs that local service agencies run in the area. “The local board is charged to distribute funds appropriated by Congress to help expand the capacity of food and shelter programs in high-need areas around the country,” Toth explained. Under the terms of the federal grant, […]

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U. S. DEPARTMENT OF STATE U.S. EMBASSY Kigali , PUBLIC DIPLOMACY SECTION Notice of Funding Opportunity Funding Opportunity Title: U.S. Embassy Kigali PDS Annual Program Statement Funding Opportunity Number: PAS-Kigali-FY23-01 Deadline for Applications : May 31, 2023 CFDA Number: 19.040 – Public Diplomacy Programs Total Amount Available: Subject to funding availability Maximum for Each Award: $2,000 – $24,999 PROGRAM DESCRIPTION The U.S. Embassy in Kigali, Public Diplomacy Section (PDS) of the U.S. Department of State is pleased to announce that funding is available through its Public Diplomacy Small Grants Program. This is an open competition for initiatives that promote educational and cultural engagement and foster mutual understanding between the United States and Rwanda. The Embassy seeks projects designed to further the development of Rwanda’s future leaders, build the capacity of Rwandan institutions, and promote awareness and understanding of shared U.S. and Rwandan values. The U.S. Embassy Kigali strives to ensure that its efforts reflect the diversity of U.S. society and societies abroad. The Embassy seeks and encourages the involvement of people from traditionally underrepresented audiences in all its grants, programs, and other activities and in its workforce and workplace. Opportunities are open to people regardless of their race, color, […]

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Digital transformation in oil and gas remains paramount in managing mission-critical operations, gaining valuable business insights, improving worker safety, reducing costs and more. This is especially true for offshore oil and gas production , presenting a unique set of circumstances, including – but not limited to – often inhospitable geographically remote locations, 24/7/365 operations and around-the-clock rotating equipment required to move oil and gas and generate power to simply keep the lights on. So, where does edge computing fit in this digital transformation equation? Technology advancements for offshore oil and gas: edge computing Gone are the days of difficult communications and archaic two-way radios. Technology advancements over the years have brought an exciting digital revolution to the oil and gas industry, not only impacting the offshore production setting, but also significantly improving the lives of those who leave their families for weeks at a time just to do their jobs. According to McKinsey and Company : “Technology has potential to boost performance across the entire upstream oil and gas value chain by enabling optimisation and automation.” Many offshore oil and gas organisations have chosen to leverage edge computing , providing highly reliable compute infrastructure capabilities right at the edge […]

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AdTech Sales Veteran Brings Track Record of Driving Top-Line Growth Scott Raskin to Step Down as President SALT LAKE CITY–(BUSINESS WIRE)–Quotient Technology Inc. (NYSE: QUOT) (“Quotient” or the “Company”), a leading digital promotions and media technology company, today announced the appointment of Allison Metcalfe as Chief Revenue Officer, effective immediately. In addition, Scott Raskin is stepping down as President and will remain in his role until March 31, 2023, to ensure a smooth transition. “After a thoughtful search, we are thrilled to welcome Allison to our leadership team,” said Matt Krepsik, CEO of Quotient. “Her proven record of success comprises global team management, sales development, overseeing significant revenue growth and implementing marketing solutions that are programmatic and audience focused. Her breadth of experience in AdTech and digital marketing will bring a fresh perspective to our leadership team that we will leverage as we continue to build out our network, data and technology in the months ahead.” “We have focused on our core products and strengths of the business, realigned our cost and capital structure and bolstered our management team. We look forward to sharing more about the continuing transformation underway at Quotient at our upcoming year-end earnings call.” Ms. […]

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January 25 – FIFA has launched an education initiative to develop digital skills across its membership. Called FIFA Digital Skills, the programme is delivered via a dedicated e-learning platform and features a series of live masterclasses that are available to all 211 member associations. “As the world changes around us, we need to invest in people so that they are better placed to embrace the future,” said FIFA’s Chief Member Associations Officer, Kenny Jean-Marie. “We are proud to launch a platform that will be a one-stop resource for member associations, allowing them to access valuable information and encourage learning as part of the football community in the area of digital.” At the core of the platform will be best practice case studies as well as analyses of the latest technological trends from the brands driving the digital revolution. There is also has a peer-to-peer learning function. Users can also host tailored sessions focused on their own experiences. “The FIFA Digital Skills initiative is powered by FIFA … We already have nearly 100 MAs on board and more than 400 participants learning and sharing their experiences, and we want to continue to use FIFA+ as a platform to give the […]

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By Juliet Umeh Global leader in industrial software, AVEVA, has been acquired by a leading global industrial company specializing in digital automation and energy management, Schneider Electric. According to both companies, the acquisition will enable a holistic approach to digital transformation across a customer’s operations. They drive step-change improvements through a reduction in energy, carbon and resource intensity, accelerating customer journeys of efficiency and sustainability. CEO of AVEVA, Mr. Peter Herweck, said: “The needs of the industrial world are becoming ever more complex. But the opportunities to create competitive advantage, value and sustainability through digital transformation have never been more compelling. “We are now optimally placed, with the collaboration not just of Schneider Electric but all its partners, to drive innovation, change and value for its customers. The last 50 years for us have been incredibly exciting. “Thank you to all of the stakeholders who have been part of the journey so far in creating a global leader in industrial software and data. I’m convinced that through continued investment and transformation, the best is yet to come.” Also, Chairman of the company, Philip Aiken, said: “It has been a pleasure to Chair this company over the last decade, as […]

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