Market Watch

Chipmaker Advanced Micro Devices ( AMD ) late Tuesday cleared Wall Street’s hurdles for the fourth quarter but set a lower bar for the current period. Still, AMD stock rose in extended trading on strong data center chip sales. The Santa Clara, Calif.-based company earned an adjusted 69 cents a share on sales of $5.6 billion in the December quarter. Analysts polled by FactSet had expected AMD earnings of 67 cents a share on sales of $5.51 billion. On a year-over-year basis, AMD earnings fell 25% while sales rose 16%. The acquisition of Xilinx boosted revenue and helped offset declining PC and gaming chip sales. In the fourth quarter, AMD’s PC chip sales dropped 51% year over year to $903 million amid weak personal computer demand. Gaming segment revenue slid 7% to $1.6 billion. Meanwhile, data center chip sales increased 42% to $1.7 billion, driven by Epyc server processors. AMD Stock Rises After Report For the current quarter, AMD predicted sales of $5.3 billion, down 10% year over year. Analysts were looking for $5.5 billion in the first quarter. In after-hours trading on the stock market today , AMD stock advanced 2.7% to 77.20. During the regular session Tuesday, […]

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MINNEAPOLIS, MINNESOTA, US — Scoular has introduced a new name for its food ingredient business: Scoular Food Innovation. According to the company the new name “showcases its capabilities in providing innovative ingredients to customers” and reflects its “food industry expertise and experience supplying on-trend ingredients to meet growing consumer demand.” “Scoular has long been a reliable partner delivering leading-edge food ingredients,” said Brian Hansen, general manager for Scoular Food Innovation. “The new name highlights the experience our customers get when working with us — access to custom, innovative ingredients, solutions and service.” Scoular said the new business will focus on delivering ingredients that provide superior function, texture and flavor. Scoular Food Innovation is expected to leverage in-house research and development to create and commercialize innovative product formulations. The new business also is expected to be able to maintain long-term relationships with top global food companies because of its experienced team, deep portfolio of high-quality, plant-based non-GMO and organic ingredients and commitment to strict food safety standards and on-time delivery.

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Data-driven Marketing Leader Named Honoree in Prestigious List of Thriving San Antonio Businesses SAN ANTONIO, Texas, Feb. 1, 2023 /PRNewswire-PRWeb/ — Stirista, a data-driven marketing leader , today announced it was named as an honoree in San Antonio Business Journal’s Business of the Year list, highlighting top businesses who overcame challenges brought about by Covid-19 including lingering supply chain issues, worker shortage and higher-costs of goods and services. The list includes thriving local businesses such as general contractors, retail, real estate, health care, advertising, restaurants and more. "Despite changing economic realities, 2022 was an incredible year for Stirista and we are pleased to stand alongside so many impressive businesses in our community," said Stirista founder and CEO Ajay Gupta. "As we look into the crystal ball for 2023, we are proud to say that brand marketers will continue to turn to Stirista for critical data-driven digital marketing and identity solutions for core and emergent digital channels." Stirista’s success in 2022 is largely a result of the company’s ongoing development of important identity-driven and omnichannel execution solutions, including a new multicultural product and onboarding solution. Boasting continued growth in 2022, Stirista was honored as a fastest growing company in North […]

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Most MBA applicants want a ‘name’ school on their resume. Who wouldn’t to be associated with brands like Stanford, Harvard, and Wharton? Such institutions convey expertise and leadership, confidence and connections, ingenuity and results. After graduation, that branding will be tied to an alum – for life . Open doors, instant credibility, immediate impact – that’s what investing in a big name brings, applicants think. Sometimes, they underestimate the experience, that sense of fit – the satisfaction that comes with finding the right place to learn and live. Many times, it isn’t the brand name programs that produce MBAs ready to embrace the world ahead. BEYOND THE BRAND That’s one takeaway from The Princeton Review ’s annual Best Business Schools Ranking, which was released on January 31st. Unlike most MBA rankings, The Princeton Review doesn’t stuff a series of variables into one ranking, replete with weights that are easy to manipulate. Instead, it strips student responses apart into 18 categories. In doing so, one pattern emerges: M7 schools have some work ahead of them. Take Faculty Excellence. Not one M7 program is found among the ten-highest averages scores. Dartmouth College’s Tuck School performed the best among historical powers at […]

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KYIV, Jan 31 (Reuters) – The U.S. International Development Finance Corporation has launched an initiative to mobilise $250 million to boost access to capital for Ukrainian small and medium-sized enterprises during the war, CEO Scott Nathan said on Tuesday. Ukrainian SMEs have struggled to get access to finance because of security risks that have deterred private investment in Ukraine since Russia’s invasion almost a year ago. Ukraine’s economy shrank by about one third last year. Nathan said DFC would provide financing to Ukrainian commercial banks for lending to SMEs. "I am here in Kyiv today because we are investing now to help keep Ukrainian businesses moving forward despite difficult circumstances. I am convinced that new DFC investments here will mobilise well over $1 billion in private sector capital to support the economy of Ukraine," Nathan said during his second visit to Ukraine in two months. He said DFC would also sign a letter of intent to provide equity financing to Horizon Capital, a private equity firm investing in Ukraine and Moldova, and support expansion of Dobrobut, a network of private hospitals. Horizon Capital is investing in fast-growing tech and export-oriented companies in Ukraine. Nathan also visited Ukraine in December, […]

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In this article LAC+3.07 (+13.94%) GM+2.77 (+7.63%) US President Joe Biden, with General Motors CEO Mary Barra, looks at a Chevrolet Silverado EV as he tours the 2022 North American International Auto Show at Huntington Place Convention Center in Detroit, Michigan on September 14, 2022. – Biden is visiting the auto show to highlight electric vehicle manufacturing. US President Joe Biden, with General Motors CEO Mary Barra, looks at a Chevrolet Silverado EV as he tours the 2022 North American International Auto Show at Huntington Place Convention Center in Detroit, Michigan on September 14, 2022. – Biden is visiting the auto show to highlight electric vehicle manufacturing. Mandel Ngan | Afp | Getty Images General Motors said on Tuesday it plans to invest $650 million into Lithium Americas to secure access to lithium, a vital component of batteries for electric vehicles. It’s the biggest investment an automaker has ever made to secure sources of the raw materials that go into batteries, the companies said. When the lithium is extracted and processed from the Thacker Pass project, it will provide be enough for GM to make as many as one million electric vehicles per year. Lithium is a critical component […]

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Digital transformation requires different management getty Most big firms attempting digital transformations today are frustrated with the results . At least a score of reasons help to explain the failure. But one particular cause stands out: qualms about letting go of the past. Effective digital transformations must recognize the need for a fresh start, re-examining every aspect of management with new eyes, and a passion for enabling real change, not change in name only. In persuading executives to get started on a digital transformation, it can be tempting to understate the scale of the change, or the length of the transformation journey, and talk of building on the past, as if this is simply merely updating practices that are no longer right for the time. Such language removes any hint of implicitly criticizing executives for unwitting mis-steps taken in the past: it offers the solace that they were merely doing what everyone else thought at the time was right. But it risks stimulating the taste for the status quo and inhibiting the growth of the curious mindset that is needed to enable real change. The reality is that effective digital transformation requires a re-imagination of the very concept of […]

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Peter Long Peter Long, executive vice president of Strategy and Health Solutions at Blue Shield of California, was recently featured on two episodes of the Xtelligent Healthcare Media’s Healthcare Strategies podcast, discussing healthcare predictions for the year ahead and digital transformation. In one episode, Peter outlines three main barriers on the road to achieving digital transformation, as well as how Blue Shield of California is leveraging integrated health records as a solution to these challenges. One such challenge is a lack of agreement among payers to collect and share patient data in a consistent, meaningful way – and his wish for 2023 is that such alignment becomes a reality. Here are excerpts from the episodes: “If 2020, 2021, and 2022 were the years of virtual care because of the global pandemic, 2023 will be the realization of how we take those access points and build a blended healthcare model for our members as health plans,” Long said. Listen to the full episode here . “The key to thinking about the digital transformation of healthcare and realizing its potential is to anchor it in the human. So, it’s an interest in taking the science of information and technology but making […]

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Summary Lincoln National Corporation had a difficult quarter due to declining equity markets and losses from operations in its Life Insurance business. Other business segments experienced growth in operational income, and higher interest rates resulted in a rise in investment income from its investment portfolio. The company is responding quickly to shifting market conditions and is well on its way to reduce market volatility exposure and implementing cost-cutting strategies. Since the Great Recession, Lincoln National Corporation stock has been at an almost all-time low price-to-sales ratio. While markets do not decline indefinitely, the Lincoln National Corporation stock price appears to be a perfect buying opportunity. courtneyk Introduction Lincoln National Corporation (NYSE: LNC ) is a company worth investing in. Looking at the big picture, we see strong growth in its share price over time, which unfortunately comes with high price volatility, but that isn’t a problem for investors who buy low and sell high. Currently, the stock price appears to be depressed, having fallen 53% from recent highs in October 2021. Historically, this appears to be a good time to buy. Data by YCharts The company provides a variety of insurance and retirement solutions to individuals and groups in […]

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Comment through 5 p.m. Wednesday, March 1 Requests to submit comments or concerns about this amendment should be submitted to Summer Blackhorse. Metro is required to document funded projects scheduled to use federal funds over the next four years. The current cycle is documented in the 2021-24 Metropolitan Transportation Improvement Program . Metro is in receipt of the proposed MTIP formal amendments: The purpose of this amendment is to make the necessary funding corrections, increases and fund reprogramming to the 2021-26 MTIP. The project submitted for amendment in this amendment includes: Advance the Regional Travel Options program and funding, which implements strategies to help diversify trip choices, reduce pollution and improve mobility. Advance the Safe Routes to School program and funding, which aims to improve the youth’s ability to safely, affordably and efficiently get to and from school by walking, biking and transit. Combine funds to support the Corridors and Systems Planning program, which emphasizes the integration of land use and transportation to determine regional system needs, functions and desired outcomes. Split funds to contribute toward the development of prioritized transportation improvements and the funding strategy for the region’s next priority corridor.

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