Four chosen for induction into Evansville Regional Business Hall of Fame

Four chosen for induction into Evansville Regional Business Hall of Fame

A quartet of new laureates in the Junior Achievement Evansville Regional Business Hall of Fame left their mark in local banking, economic development, production and steel circles. Active honorees for 2022 are Mark Schroeder, who is the retired chairman and CEO of German American Bancorp, and Greg Wathen, who retired as co-CEO and president of the Evansville Regional Economic Partnership. This year’s historical honroees are the late William McCurdy, owner and founder of the Hercules Buggy Company, and James Bridwell Igleheart, president and chairman of International Steel Co. “We had an incredible list of nominees, which made the selection process very challenging," said Ronald Rochon, president of the University of Southern Indiana and co-chair of this year’s Laureate Selection Committee. "The 2023 inductees are well deserving and showcase the caliber of talent and leadership we have in this community.” The laureates will be inducted at 8 a.m. on May 9 at Old National Events Plaza. The event is a fundraiser for Junior Achievement of Southwestern Indiana. Individuals are nominated for their outstanding civic and business contributions to the Southwestern Indiana region and recognized for their business excellence, courageous thinking and action, inspired leadership and community mindedness. “During the selection […]

Florida Department of Economic Opportunity Announces $22 Million for Voluntary Home Buyouts in Communities Impacted by Hurricane Sally

Florida Department of Economic Opportunity Announces $22 Million for Voluntary Home Buyouts in Communities Impacted by Hurricane Sally

Local governments in Bay, Escambia, Okaloosa, Santa Rosa, and Walton Counties can now apply for funding Tallahassee, FL – Today, the Florida Department of Economic Opportunity (DEO) announced that $22 million is now available to communities impacted by Hurricane Sally through the Rebuild Florida Hurricane Sally Voluntary Home Buyout Program (VHB). The program reduces the risk of future property loss and recurrent flooding by funding the purchase and re-purposing of residential properties in high flood-risk areas. Applications will be accepted through Friday, April 14, 2023, and additional information is available on the Rebuild Florida Hurricane Sally VHB webpage . State agencies and local governments within the federal and state Most Impacted and Distressed (MID) areas are eligible for funding to acquire secured contiguous lots or single properties. Funding can also be used as leverage to match funding for projects that are also eligible for the Federal Emergency Management Agency the Hazard Mitigation Grant Match Program. Eligible counties include: • Bay County • Escambia County • Okaloosa County • Santa Rosa County • Walton County To provide potential applicants with more information about Rebuild Florida programs for Hurricane Sally, the Department is hosting a webinar on Thursday, February 2, 2023, […]

Capricorn Horoscope Today, January 26, 2023: A new career opportunity

Capricorn Horoscope Today, January 26, 2023: A new career opportunity

CAPRICORN (Dec 22-Jan 21) Daily Astrological Prediction says, today is a good day for native Capricorns to achieve whatever goals they set for themselves. You plan to work harder to see improved outcomes. Successfully navigating the business world is in your future. As a result, you could get a nod of approval from your superiors and find yourself in a better position professionally. There will be a rise in costs, and that can make you nervous. In all that you do, you should exercise extreme caution. There will probably be a lot of cheer at home. In addition, you’ll develop a close relationship with an old friend or relative. Time management is an area in which some students may find success. Use this time to make effective plans for the future. There will be a positive effect on your overall efficiency as a result of this. A short trip with your significant other would be fun. This is a great time to remodel or make other adjustments to the house. Other people will be happy to pitch in and support your ideas. Capricorn Finance Today It’s likely that you’ll be spending money on extras like restaurants and entertainment today, […]

Gov. Joe Lombardo expressed support for 'opportunity scholarships' in his State of the State address

Gov. Joe Lombardo expressed support for ‘opportunity scholarships’ in his State of the State address

Copy This Embed Code: Ad LAS VEGAS (KTNV) — School choice has been a debate in Nevada for many years. Now it’s at the forefront once again. On Monday, Governor Joe Lombardo expressed support for the issue in his State of the State address. "I’m proposing the single largest investment in K-12 education and raising the bar on expectations and accountability to a level not yet seen in Nevada," said Gov. Joe Lombardo. MORE: Governor Lombardo announces plans to expand school choice during State of the State address During his State of the State speech, Governor Joe Lombardo made good on his promise to move education to the top of his agenda. "My budget contains $2 billion for our students." But while the governor has long said public schools shouldn’t be a student’s only option. Some feel he’s softened his view on the controversial issue of school choice, opting instead for ‘opportunity scholarships.’ A $50 million dollar tax credit program he says will help many low-income K-12 students. UNLV History Professor Michael Green explains. "I don’t think the governor backed away completely from school choice," said Green. "I do think he understands the problem. This is not something democrats […]

Nuclear power for shipping; understanding the opportunity in context

Nuclear power for shipping; understanding the opportunity in context

Refreshed technologies hold promise in addressing shipping’s clean energy needs, but solutions won’t emerge in the short term, writes Patrick Ryan, a vice president at ABS. Using nuclear power to propel ships is not a new concept, but the intense interest in commercial maritime decarbonisation is pushing curiosity around the topic to new heights. This is unlikely to be your father’s nuclear power, as it is based on new technologies that differ from legacy power plants. What is clear is that – in common with other alternative fuels – the importance of doing nuclear power right outplays any consideration of timescale or technology. However, that creates a tension for the maritime industry, where near term solutions are sought for problems that enable a ‘business as usual’ scenario. Nuclear has the potential to play a role in the future of maritime energy, but when it will become available is the critical question. There is too much technological development, too much risk to manage and too many stakeholders to put arbitrary timescales in place on its viability as an option for shipping. To judge by the degree of debate, nuclear might be seen as a solution in waiting. On a simple […]

Rehab tech will be a $35 billion opportunity by 2028: Vivek Srivastava, HCAH India

Rehab tech will be a $35 billion opportunity by 2028: Vivek Srivastava, HCAH India

The decade-old venture based out of Noida has 1500+ employees pan India. It has raised investments from the Burman Family (promoters of Dabur), founders of Healthcare at Home UK, Quadria Capital, Singapore-based healthcare fund and ABC Impact. Out of hospital care provider HCAH which specialises in providing therapy, recovery and rehabilitation services at home is present in 70 cities in India. In November 2022 HCAH acquired online store Seniority from the RPG Group. Seniority caters to the needs of the elderly people. The decade-old venture based out of Noida has 1500+ employees pan India. It has raised investments from the Burman Family (promoters of Dabur ), founders of Healthcare at Home UK, Quadria Capital , Singapore-based healthcare fund and ABC Impact. Through the Seniority acquisition , HCAH now offers a curated portfolio of over 20,000 products ranging from medical to lifestyle for senior citizens and has two offline stores in Pune and Chennai & have also launched assisted living which is in a pilot phase. It also plans to launch elderly day care and elderly concierge services in the future. In an email interview Vivek Srivastava, co-founder and CEO of HCAH discusses the rehab market, assisted living opportunity, acquisitions […]

Is There Now An Opportunity In Intuitive Surgical, Inc. (NASDAQ:ISRG)?

Is There Now An Opportunity In Intuitive Surgical, Inc. (NASDAQ:ISRG)?

Source: Shutterstock Intuitive Surgical, Inc. ( NASDAQ:ISRG ) led the NASDAQGS gainers with a relatively large price hike in the past couple of weeks. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price? Today I will analyse the most recent data on Intuitive Surgical’s outlook and valuation to see if the opportunity still exists. Is Intuitive Surgical Still Cheap? The stock is currently trading at US$244 on the share market, which means it is overvalued by 33% compared to my intrinsic value of $183.47. Not the best news for investors looking to buy! If you like the stock, you may want to keep an eye out for a potential price decline in the future. Since Intuitive Surgical’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. What kind of growth will Intuitive Surgical […]

Huntington Ingalls: Recent Dip Provides Good Buying Opportunity

Huntington Ingalls: Recent Dip Provides Good Buying Opportunity

Frank Rossoto Stocktrek/DigitalVision via Getty Images When one thinks of defense contractors, top names like Lockheed Martin ( LMT ) and Raytheon Technologies ( RTX ) may first come to mind. However, what often gets ignored is the moat-worthy shipbuilder, Huntington Ingalls (NYSE: HII ), which is sometimes referred to as the "Lockheed of the Seas". It’s been a while since my last bullish take on the stock back in the middle of 2021, and it’s fared better than the S&P 500 ( SPY ), giving investors downside protection. This is reflected by its 6% total return over this time frame, which is ahead of the 4% decline in the S&P 500. Recently, HII’s stock price has taken a dip since reaching a near term high of $240 back in December, and in this article, I highlight why the stock is a buy for potentially strong total returns, so let’s get started. HII Stock (Seeking Alpha) Why HII? Huntington Ingalls has been around for over a century and came to its current form when it was spun off from Northrop Grumman ( NOC ) in 2011. Its shipbuilding divisions in Virginia and Mississippi have built more ships in more […]

Is There An Opportunity With Advanced Micro Devices, Inc.'s (NASDAQ:AMD) 22% Undervaluation?

Is There An Opportunity With Advanced Micro Devices, Inc.’s (NASDAQ:AMD) 22% Undervaluation?

Source: Shutterstock Key Insights Advanced Micro Devices’ estimated fair value is US$95.7 based on 2 Stage Free Cash Flow to Equity Current share price of US$74.9 suggests Advanced Micro Devices is 22% undervalued In this article we are going to estimate the intrinsic value of Advanced Micro Devices, Inc. ( NASDAQ:AMD ) by projecting its future cash flows and then discounting them to today’s value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. Don’t get put off by the jargon, the math behind it is actually quite straightforward. Remember though, that there are many ways to estimate a company’s value, and a DCF is just one method. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model . The Calculation We use what is known as a 2-stage model, which simply means we have two different periods of growth rates for the company’s cash flows. Generally the first stage is higher growth, and the second stage is a lower growth phase. In the first stage we need to estimate the cash flows to the business over the next ten years. […]

An Oft-Overlooked Sales Opportunity

An Oft-Overlooked Sales Opportunity

Amid increasing signs that a slowdown in the economy is at hand, dealers should look to women, especially those who fish, in their plans to ride out the storm. So says a report from the Recreational Boating & Fishing Foundation that has been advancing industry interests for more than two decades with research data, market promotion and much more. In a nutshell: If in the past fishing was primarily viewed as a guy thing, that boat has left dock. RBFF’s 2022 study — conducted with global market-research firm Ipsos — identified women as composing 37% of all anglers, the largest share on record. Some 2.8 million more female anglers hit the water in 2021 than in the five previous years, and 3.8 million more than a decade ago. Women anglers in 2021 undertook a total of 288 million fishing trips. Yet the research also revealed women continue to face adversity and underrepresentation in the fishing community. For example, almost half of female anglers indicate they do not feel respected by the angling community, and a whopping 77% don’t see themselves represented in advertising for fishing gear and apparel. While the study doesn’t directly address dealer initiatives toward women anglers, […]