text:
|Container trucks at Cát Lái Port in HCM City. The southern city's authorities are considering allowing trucks to transport goods at night only to prevent congestion in its urban areas. — VNA/VNS Photo Tiến Lực|
HCM CITY — The southern city's authorities are considering switching transport of goods from day to night because of traffic congestion during the day.
Speaking at a recent meeting, Võ Văn Hoan, vice chairman of HCM City People’s Committee, said that congestion was largely caused by trucks delivering goods and that goods transport at night could improve people’s quality of life.
HCM City currently has 28 traffic hotspots, mostly in densely urban areas and at airport gateways and Cát Lái Port.
Tuổi Trẻ (Youth) newspaper reported that traffic congestion had led to worsening air pollution.
A report from Uber and the Audience Project Company found that up to 76 per cent of HCM City residents suffer from traffic jams for 30 minutes per day, while 13 per cent have to deal with congestion for two hours or more per day.
Traffic jams waste 160 million hours yearly, causing economic losses of over US$1 billion per year for the city, the report said.
Manila in the Philippines is the most congested out of 278 cities in Asia, and HCM City ranked 10th. On average, people in HCM City spend about 48 per cent more time travelling during peak hours compared to casual periods.
Hoan said that potential problems must be carefully studied prior to carrying out the plan, he said. “Though labour costs will increase, the new plan has significant impact in terms of reducing social costs and improving life quality of locals."
At the meeting, authorities said they would conduct research and evaluate the impact of night transportation.
According to the city's Transportation Department, cargo transport volume in HCM City reached 460 million tonnes last year, up 5 per cent year-on-year, while goods transported via seaports reached 130.4 million tonnes, up 24 per cent year-on-year.
The HCM City Transportation Association added that its members have about 6,000 vehicles, while the total number of vehicles regularly circulating through the city is about 12,000 trucks of all kinds.
Bùi Văn Quản, head of the association, said that congestion was not only caused by goods transport but also poor planning. To prevent trucks from passing through the inner city, HCM City needs to have a thorough plan on relocating transport firms and bus stations and encouraging locals to move to suburban areas.
"Smooth goods transport is key to economic development," he said.
“Though business firms might agree to ship their goods during the night, will their partners be able to arrange sufficient labour to release the goods,” he said, adding that an increase in labour costs and inefficient cooperation could create problems.
“If relevant authorities do not evaluate the impact of the new plan carefully, it may encourage business firms to toss their circulation permits and sell their vehicles,” he said.
Meanwhile, Quang, head of a transport firm in District 9, said that efficient coordination among all firms would be required to make the new plan work.
“Also, when working night shifts, drivers often receive an additional amount of VNĐ500,000 to VNĐ1 million on top of their salary,” he added.
Nguyễn Ngọc Tường, deputy director of the city’s Transportation Safety Committee, said that the Transport Department has several months until June to develop a night plan and submit it to the city's People’s Committee. Feedback will then be gathered to review the plan.
“I believe the night plan has potential and is suited to the current situation in the city. We should take advantage of the night for smoother transportation,” he added. — VNS


text:
Baby Groot has grown into surly teen Groot in Avengers: Infinity War. Director James Gunn has revealed a nuance to Groot and Rocket’s relationship that has fans even more eager for the next installment.
2. Cobra Kai
Reviewers are saying strike first, strike hard, and watch this Karate Kid sequel, now streaming on YouTube Red. The series reconnects Johnny and Daniel decades after their climactic fight and leg sweep.
3. Aaron Judge Jedi Bobblehead
While he’s probably better with a bat than a lightsaber, the NY Yankees’ star hitter was immortalized as a Jedi knight in bobblehead form for the Yanks’ latest Star Wars Night, held on, of course, May the 4th.
4. Oculus Go VR
The makers of Rift VR gear have introduced the new Go headset. Reviewers say Go is a good way to try out VR without breaking the bank, as it starts at $200 and doesn’t require a console.

domain: news


text: Realme officially launched the Narzo 30 Pro 5G, Narzo 30A and Realme Buds Air 2 in India. The Narzo 30 Pro 5G will be available for sale on March 4, 2021, via Flipkart & Realme. com. The Narzo 30A will be sold online on March 5, 2021 via Realme.com, Flipkart. Realme Buds Air 2 will be available for sale on March 2, 2021.


text:
In January, Pop Culture Shock sent out a preview for an upcoming He-Man and Battle Cat Diorama. As they approach WonderCon 2015, they plan to release a few new teasers of upcoming items. That includes a new digital preview for the upcoming Masters of the Universe – He-Man and Battle Cat Diorama. The new image gives us an up close look at the design for Battle Cat.
You can check it out after the jump.


text:
Birth control pills are being recalled in Canada over concerns that a batch contained two weeks of placebo sugar pills.
The pills were manufactured by Apotex for its Alysena-28 line. About 50,000 packages may have made it into the marketplace with the sugar pills instead of the birth control hormone.
A normal month’s supply of the medication contains one week of sugar pills and three weeks of birth control pills. The medicine is pink, while the placebo is white. London Drugs vice-president John Tse explained the recall by saying:
“I looked at it and said, ‘there could be unwanted pregnancies out there.’ We felt it was important to let the patient know so there can be a judgment call from the patient.”
Apotex, the largest generic drug manufacturer in Canada, initially listed the recall as voluntary. The company contacted wholesalers and retailers about the possible placebo batch, but has not directly contacted customers about the potentially faulty product.
Dennis Abud, who owns the Jean Coutu in Dieppe, explained that the problem packs should be easy to spot because of the pills’ colors. All of the pills Abud has in stock are okay, but he is still making a list of all the patients who received the prescription. He will then call them and make sure their lots are okay as well.
While Apotex did not issue a mandatory recall, Health Canada did so, calling the problem “urgent.” News of the birth control pill recall made several women nervous even if they were not potentially affected. The Canadian government elevated the recall case to a level 1 emergency because some women take the birth control pills for medical reasons.
The batch in question was distributed to almost every Canadian province between December 2012 and the first week of April 2013. The potentially altered packages have the code: LF01899A.
Does the birth control pill recall in Canada make you nervous about the integrity of the product?
[Image via ShutterStock]


text:
“It is an innovative project”. This is the definition given by Amos Maidantchik, Cisco’s public sector director, to Virada Digital. During Cisco Plus Brazil 2012 downtown Rio de Janeiro, Maidantchik explained that the Project will gather society, public and private enterprises and people in general such as students and professionals.
With that in mind, Cisco, Virada Digital’s technological sponsor, has bet on 72 hours of online connectivity. “As we are a company focused on innovation, join a Project such as Virada Digital is always a safe bet.”, said proudly. As a major developer of communications network equipment, Cisco will provide the event with cutting edge products and services. “We live to provide online connectivity 24/7”, explained Amos.
That is what makes Virada Digital an excellent case for Cisco. “It is an interesting form of nation wide exposure, once the event occurs not only in Paraty, but also in several capitals through online connection. Therefore, most of Brazil will be connected throughout the 72 hours ofVirada Digital”, ended Amos.


text:
Small Business Transactions are up 15%!
According to BIZBUYSELL, Small Business Transactions are up at a record high since 2008 right before the market crashed.
It is not surprising to see this number going high, especially since now the term Business Broker is more and more recognized. But do you think it has anything to do with the economic factors? Including the election?
Recently there has been a stabilizing Real Estate Market in Southern Nevada with not enough sellers to satisfy homes under 250k. Some say it may be because of the election.
While business owners are putting up their business for sale, a recent survey shows that owners are not confident about what the future brings and want to sell while the market is hot. On another note buyers are wanting to wait another year because they believe the can get a better deal.
It is important to note all of these factors when thinking about selling your business or even just to know the health of your business. Call it a regular health check-up of your small business.
If you are interested in receiving a free no obligation Brokers Opinion of Value email us today and you can receive a list of things to increase the value.


text:
I have a new smart meter on my house, and I'm far from the only one. The number of smart meters installed across the www.boehler.org country is growing quickly. Smart meters are digital, rather than analog, equipment to measure the amount of get levitra electricity each customer uses. However, smart meters are able to cheap cialis generic levitra viagra collect more data than just the electricity that has been used, they can also track the amount of electricity used as well as when it was used. Smart meters also are often equipped with wireless two-way communication for easier meter reading, among other uses.
The White House recently announced an agreement with nine "major electricity suppliers" under which consumers will be able to get access to data about their own energy use. In addition to getting the information themselves, this would allow consumers to use third-party applications to track their energy use and buy viagra online canadian phamacy "empower consumers to make wiser energy decisions." Congressional representative Ed Markey plans to introduce legislation that would require this information to be available to only here low price levitra all consumers.
written by Dan, March 26, 2012
|< Prev||Next >|


text:
The world of skateboarding has lost an icon and entrepreneur with the death of Keith Hufnagel at the age of 46.
Hufnagel, the founder of the streetwear company Huf Worldwide, had been battling brain cancer for more than two years. His brand announced his passing on Thursday.
“We are absolutely heartbroken to deliver the news today that HUF founder Keith Hufnagel has passed away,” the company wrote on Instagram.
“Keith was not only the ‘HUF’nagel in HUF. He was the heart and soul of this brand. He built and brought together a community of people like no one else could,” the post continued.
CNN has contacted Huf Worldwide for a statement, but has not heard back.
Hufnagel founded the brand in 2002 following his move from New York to the West Coast.
“The name HUF just stuck with me as a sort of nickname amongst my friends,” Hufnagel told Complex in 2012. “Once I turned pro, I started using it on product and clothing and it became what people recognized me by,” he said.
The brand’s first shop opened in San Francisco, but ultimately grew globally, with stores everywhere from Dallas, Texas to Tokyo, Japan.
“Made by skateboarders, for skateboarders, HUF represents not only a more refined and forward-thinking skateboard brand, but also any individual inspired by the vast array of countercultures that parallel skateboard mentality,” the company says of its ethos and origin.
“Do not settle for the status quo. Go out and create your own future – do it yourself, do it in style,” urges the HUF Worldwide website.
Hufnagel described the brand’s name as having been “born on the streets,” telling Complex, “after I had been living and skating in San Francisco for a bit, I decided I wanted to open up a retail shop that would sort of fuse skateboarding with the sneaker and streetwear scenes.”
In the tribute to its founder, the Huf Worldwide instagram post closed by saying that Hufnagel’s “legacy will continue to live on at HUF. Today, tomorrow and forever. Rest in peace, Keith.”
Hufnagel leaves behind his wife Mariellen and their two children.
In an instagram post in November, Hufnagel shared a shot of himself with his son, as the pair hold hands and skateboard together down an empty road.


text:
There was a light show, fog machines, a thunderous video, and finally multi-panel video screens all slid to one side to show a G700 fuselage mockup. A crowd of 600 or so cheered and clapped in awe. This sort of spectacle hasn’t happened in a while, given the post-2008 shudder that went through the turbine market.
Gulfstream President Mark Burns got on stage and laid it all out. “This airplane has the tallest, widest, longest cabin in the industry,” he said. The superlatives kept coming. It’ll be not just big, but fast too, with a top speed of Mach 0.925. And long range, being able to fly 7,500 nautical miles at Mach 0.85 or 6,400 nm at Mach 0.90. It’ll have five seating zones; a circadian lighting system that can sunrise and sunset across time zones; a huge galley—an ultragalley, Gulfstream called it; an aft bedroom with en suite shower and lavatory; seats for up to 19; sleeping capacity for 10; and 20 of Gulfstream’s signature oval windows. Oh, and a reported price tag of—wait for it—$75 million.
Burns hinted that the G700 was the first of a new series of Gulfstreams, so we can probably expect follow-on models—each one bigger, faster, and longer-legged than the one before. The G700 will be powered by Rolls-Royce Pearl 700 turbofans of 18,250 pounds of thrust apiece. Takeoff weight will be 107,600 pounds, and maximum fuel weight will be 49,400 pounds, or about 7,373 gallons. Takeoff distance is currently set at 6,250 feet, and maximum operating altitude will be 51,000 feet. Those numbers make it sound more like an airliner, but a very luxurious one—capable of flying quieter, higher, and farther than all but long-range airliners. And with lower cabin altitudes. Gulfstream says that the cabin environment will be 100-percent fresh air. No recycling of nasty airliner cabin air here.
The cockpit will feature Gulfstream’s Symmetry Flight Deck with active control sidesticks, a head-up display with approval to touchdown and rollout, and what the company calls the most extensive use of touch-screen technology in the industry.
The first G700 deliveries will begin sometime in 2022.
Email [email protected]
uAvionix, Garmin settle lawsuit
Garmin International and uAvionix announced a patent lawsuit settlement that allows uAvionix to continue selling and supporting its ADS-B product line. The settlement with Garmin was announced about a week after uAvionix reported the acquisition of cockpit display maker AeroVonics. The company’s primary and multifunction displays will be integrated into the uAvionix product line.
Mooney furloughs all employees
One of general aviation’s best-known brands appears to be out of business: Mooney International furloughed the staff, leaving only the voicemail behind. The Kerrville Daily Times of Kerrville, Texas, broke the story on November 12, reporting that Mooney has furloughed all employees and shuttered the local factory where Mooney International had been slowly turning out aircraft. Nobody Web:answered the phone at the factory, and a voicemail announcement appeared to confirm the bad news: “Please be advised that all Mooney employees have been furloughed at this time. Therefore, we are not able to respond to your inquiry.”
Epic E100 earns type certificate
After seven years of effort, Epic Aircraft has obtained an FAA type certificate for its speedy single-engine E1000 turboprop. The E1000 is an FAA-certified version of the Epic LT, a six-seat, 325-knot, PT6A-67-powered, 1,200-horsepower kit airplane the company has been selling to individual builders since 2005.


text:
2024 Kia EV9: Everything We Know Thus Far
The 2024 Kia EV9 promises to be a game-changer in the electric SUV market.
Boasting a three-row layout, it offers ample space for passengers and cargo.
Anticipate advanced technology features, including intuitive infotainment systems and driver-assist functionalities.
With an electric drivetrain, expect impressive performance and zero emissions.
Rumored specifications hint at all-wheel drive capability and exceptional electric range.
Kia's commitment to innovation and sustainability suggests the EV9 will redefine expectations for electric vehicles.
While details are still emerging, the 2024 Kia EV9 is shaping up to be an exciting addition to the brand's lineup, poised to lead the charge towards a greener future.


text:
A new Killer Instinct and a Superman game may be in development exclusively for the Xbox Series X and PC, according to a rumor that started from the NeoGaf forum.
The user OsirisBlack, the same who had suggested a possible sequel to The Order: 1886 in the pipeline at Ready at Dawn, has returned to speak and indicate in these some of the projects that could be unveiled at E3 2020.
Microsoft’s presence at E3 would be “hard to beat” , and would bring a new Killer Instinct and a Superman game, among others.
Killer Instinct is back, after a long absence, with an Xbox One chapter focusing on a free-to-play formula.
Although there are never any have been confirmed in this regard, however, this title of Superman could be the one at the center of rumor for years now and potentially entrusted to Rocksteady.
In the cryptic messages of this alleged insider figure also a video of 28 Weeks Later , so a zombie-themed production could make its appearance in June.
For now, as is customary pending of confirmations or denials, it is appropriate to deal with the proverbial pliers.
Source | GamesRadar + p>


text:
Simon & Schuster Children’s Publishing has announced the launch of Salaam Reads, focusing on Muslim characters and stories.
Simon & Schuster CEO Carolyn Reidy is eagerly exploring new business models but acknowledges there’s still room for old-fashioned intuition in publishing.
Playster, a digital multimedia streaming platform, will now sell ebooks from Simon & Schuster on a subscription basis.
“We should act like a grown-up and think like a start up,” says Judith Curr of Atria Books when it comes to working with with entrepreneur authors today.
Simon & Schuster announced the launch of its new video platform, SimonSays. Consumers can pay to watch video courses on health, finance, and self-help.
After gaining more than 800 million reads on Wattpad, 25-year-old Anna Todd was given a six figure advance from Simon & Schuster.
This week’s Publishing Perspectives’ #EtherIssue live Twitter discussion focuses on the Amazon-Hachette standoff. What does it mean to authors & readers?
A few key take-aways from DBW 2014: teens aren’t reading for fun, ebook sales grow overseas, Wall Street discounts publishing and Amazon is like modern art.
Simon & Schuster has launched a new social media community, The Hot Bed, to promote the New Adult genre complete with a chili chart to gauge hotness.
In October, Simon & Schuster and Yilin Press announced a new distribution and publishing agreement that will expand the availability of electronic editions for works in Mandarin for readers worldwide.


text:
Do you follow up from networking meetings? Yes, Always Sometimes when I remember No, I need to...Read More
Business News from BBC
'I would sell a kidney for the Baby Yoda toy'
on 5th December 2019 at 12:44 am
Star Wars fans really want toys of the Child, but it will not be out until next year.
HSBC to bring in single overdraft rate of 40%
on 4th December 2019 at 11:07 pm
The move will as much as quadruple the rate it charges some customers.
Peloton exercise bike ad mocked as being 'sexist' and 'dystopian'
on 4th December 2019 at 6:44 pm
A Christmas ad for the exercise bike firm has been mocked on social media as being "out of touch".
Clintons strikes deal to avoid pre-Christmas collapse
on 4th December 2019 at 5:55 pm
The greetings card chain will be sold back to its existing owners, saving 2,500 jobs.
Leading UK commercial property fund suspended
on 4th December 2019 at 4:19 pm
M&G blamed "Brexit-related political uncertainty" and difficulties in the retail sector for the freeze.
Pound surges to two-year high against the euro
on 4th December 2019 at 2:18 pm
The pound is the highest against the dollar in seven months and the highest against the euro since May 2017.
Networking is a great way of meeting new people; it will help you to immerse yourself in the world...Read More
Do you and your business rely on collaborating with others? A little Not at all A lot ResultsPoll...Read More
We have been attending and organising expos for many years and here are our top tips for...Read More
Whether you’ve recently set up a new business or you’re looking to make new contacts for your...Read More
There are many reasons as to why you may have signed up to an expo this year. Perhaps you want the...Read More


text:
A cinema in Thailand has started accepting Bitcoin as its payment option. The government has stepped up the move to promote the use of cryptocurrencies as an acceptable means of payment in the country and as a store of value. As a result, many cinemas in the country have started accepting Bitcoin. Likewise, the Thai SEC has thrown its weight behind the use of cryptocurrencies. One of the major cinemas is Major Cineplex Group.
The cinema has integrated a digital payment solution to allow its clients to pay using Bitcoin. This development comes as some of the big movie theatre groups have supported adding cryptocurrencies as payment options. The initiative has commenced in Bangkok, the Thailand capital, as some customers of Major Cineplex have been able to pay using Bitcoin
The Number of Companies Accepting Cryptocurrencies to Grow
More cinemas have shown interest in accepting Bitcoin after Cineplex’s move. About 40 more movie theatres are expected to do the same before the end of the year. The decision taken by Cinoplex Group is coming at the same time that the government is promoting the use of cryptocurrencies. The Thailand tourism industry is expecting more tourist from Japan because Japan is ranked among the top 10 crypto users worldwide. The TAT governor, in a statement, says the government has started creating an enabling environment for the crypto industry to thrive in Thailand and attract wealthy tourists coming from anywhere in the world.
Meanwhile, crypto fans have not been finding it easy to hold and transact with cryptocurrencies. Last week, crypto enthusiasts rallied against the earlier government’s decision to pass a regulation meant to prevent the masses from holding or transacting in cryptocurrencies. The financial regulator said it needed to protect consumers, especially low and middle-income citizens, from the volatility associated with the crypto market. So, it decided to restrict the investment in digital assets to only wealthy individuals.
Thai SEC Withdraws its Restrictions on Trading Cryptocurrencies
Following the outrage that greeted the decision of Thailand’s SEC to restrict investing in cryptocurrencies to only wealthy people worth at least $33,000, the regulator has rescinded its decision. Now, any intending investor must have acquired at least two years of experience to trade cryptocurrencies. Likewise, the person must be worth up to $32K of personal income, $325K net worth, or $5 million in the investment portfolio. Meanwhile, the regulator has acquiesced to people’s demand to withdraw the stringent conditions placed on cryptocurrency trading.
Recently, Thailand has been unable to attract the expected cash-paying tourists due to its stringent conditions on visa requirements and prolonged quarantine measures which are still in force. But now, the country has softened its stance. The government has expressed its decision to stop the unnecessary delay of travelers who were already vaccinated.
Likewise, the government has shifted focus from cash payers and decided to attract crypto-paying investors.Now, the regulators have started persuading local hotels to accept crypto payment. Although big businesses have rejected the move, the growing number of crypto users has forced them to accept digital assets.


text:
President Bill Clinton will deliver a key note speech to over 1,600 business people attending this year's awards, including Expro, who are finalists in 'The International Business of the Year' category.
The Scottish Business Awards aim to recognise excellence in Scottish business, celebrating those who are building and leading successful, growing and dynamic businesses in Scotland. By recognising and rewarding the contribution of people who inspire others with their vision, leadership and achievement, the ultimate aim of this event is to encourage entrepreneurial activity among the future generation, and harness their potential for the benefit of Scotland's economy.
The International Business of the Year category recognises businesses that have achieved a high level of international sales or operations. Judging criteria includes evidence of growth and success, in particular, exceptional growth from global business over the last 18 months.
Expro, which this year celebrates its 40th anniversary this year, employs 5,000 people in 50 countries, including more than 800 from its main operational base in Aberdeen. With regional headquarters in Aberdeen, Accra, Dubai, Houston, Kuala Lumpur and Rio, Expro continues to invest in its people, technologies and global infrastructure to position the business for future growth.
Awards judging panel chairman, entrepreneur Sir Tom Hunter, said: "I commend every entrant who applied to the Scottish Business Awards, the applications have been truly astonishing and underscore the vibrancy of the Scottish business sector.
"Business is at the heart of our economic recovery and to those shortlisted now I'd say you have a very special opportunity to contribute to that recovery - well done and good luck for the finals..."
The event takes place on Friday, June 21st at the Edinburgh International Conference Centre.
Notes to Editors
Expro's mission is well flow management. We provide services and products that measure, improve, control and process flow from high-value oil and gas wells, from exploration and appraisal through to mature field production optimisation and enhancement.
Our vision is to be the market leader in well flow management, using the industry's best people, to deliver the highest standards of safety, quality and personalised customer service.
We provide a range of solutions across six areas of capability:
Expro's 40 years of experience and innovative technology empowers the company to offer tailor-made solutions for its customers across the energy sector. With 5,000 employees across 50 countries, Expro offers a truly global service solution.
Fifth Ring – Hannah Blewett
+44 (0) 1224 626 288


text:
Since the release of Modern Horizons 2 on Magic Online, players are trying out new cards to see whether formats can be broken once again.
Like Modern Horizons 1 before it, there are a handful of cards that are warping eternal formats. Urza’s Saga is seeing extensive play in Modern and Vintage, but Pauper has its own issues.
It’s not the first time we’ve seen Modern Horizons have an effect, Arcum’s Astrolabe saw a ban in Pauper in late 2019. This time around, it includes a bunch of Squirrels wrapped in a Storm-payoff.
Read More: What Is Pauper In Magic: The Gathering?
What is Chatterstorm Doing in Pauper?Chatterstorm lends to the R/G Storm archetype in Modern Horizons 2 Limited but its impact in Pauper is already widespread. While it’s no Empty the Warrens (which is banned in Pauper), the Sorcery is already whipping up a storm in Pauper reshaping the Commons-only format in a big way.
What makes Chatterstorm so powerful is the ability to win on turn two, which is much quicker than other eternal formats such as Modern. By using cards such as Lotus Petal, First Day of Class, and Dark Ritual, you can amass a swarm of Squirrels as early as turn two. For most Pauper decks, this is difficult to keep up. Often you’ll see Affinity have a decent chance against the all-spells strategy, but it’s a tough ask. Even then, decent board wipes are higher costed which puts Squirrel Storm in such a favorable position.
As a result of the consistency and raw power, there is already discourse on whether the card will see a ban in the format. Gavin Verhey (Senior Designer at Wizards of the Coast) already admitted they’re keeping an eye on the card since they are concerned about its power level. Usually, you’ll see Pauper bans happen much later than required, as seen with Fall From Favor from Commander Legends as a recent example.
For those who may be familiar with Storm in Modern and Legacy, this may come as no surprise. But, Chatterstorm is causing issues in a format that is unable to handle it. Pauper may not be the most popular format out there, but it requires the same amount of attention as the rest. It’ll be interesting to see what happens in the upcoming months with Modern Horizons 2‘s release on June 18.


text:
Joystick Piloting Coming For Mercury Racing 500R Outboard
A popular option, Joystick Piloting for Outboards will be offered for Mercury Racing 500R outboard engines, the most powerful model in the Fond du Lac, Wis., outboard line. The option will be introduced at the Miami International Boat Show, which opens Wednesday, February 14.
The news was announced in Mercury Racing press release this afternoon.
When Mercury Racing unveiled the 500R last June in Charleston, S.C., Joystick Outboard Piloting was not an option. Photos copyright speedonthewater.com.
The Joystick Piloting—JOP for short—and V-8 outboard combo will be in the Mercury Marine/Mercury Racing exhibit inside the Miami Convention Center.
“With the tech advancements and size of the 500R, we weren’t able to provide JPO when the engine was introduced,” said Jeff Broman, director of category for Mercury Racing, in the release. “Our engineering team has tested multiple set ups and now the 500R with JPO is available for applications running speeds up to 80 mph, ultimately allowing the 500R to be an option for luxury pontoons and RIBs.”
Jeff Broman sees multiple applications for the JOP system with the 500R outboard.
“That’s a big part of why we’ll be in Miami,” said Miranda Doan of Michigan-based Avalon Pontoon Boats, which frequently installs 500R outboards on its models. “We have a twin 500R-powered tri-toon with JPO at the Mercury dock.”
Mercury Racing introduced the 500-hp outboard in June, 2023, at a special event in Charleston, S.C., celebrating the company’s 50th anniversary. The company introduced its V-10 400R outboard years at last year’s Miami Boat Show.
Countdown To The 2024 Miami International Boat Show
Catching Up With Stu Jones—How Mercury Racing Bought A Round In Key West
Nor-Tech Big Lauderdale Presence To Celebrate Mercury Racing
Halley And Miller Out Of Mercury Racing


text:
Re-launched in early 2013, the Sure Women range of deodorant sprays use an innovation in spray can technology to compress standard 150ml aerosol packs into 75ml containers.
The new packs can be used for just as long as normal, but require less material and have a lower carbon footprint, Unilever claims.
Punchard commented: “For this deodorant launch Unilever are leveraging an innovation in the actuator technology used on the aerosol to deliver a finer spray. This means that the smaller 75ml packs can last just as long as the previous 150ml size which is the current standard size for these brands.”
“The new sized aerosol claimed to use on average 25 per cent less aluminium and have 25 per cent lower carbon.”


text:
On Monday, shares of social media giant Facebook (NASDAQ:FB) continued their strong march higher, hitting levels not seen since late July. As the company works to gain more traction in the mobile space, analysts have become more positive on the name. Those analysts have continued hiking their 2013 revenue estimates on the name, and the stock has rallied higher and higher. Let's look at the current situation and what analysts have been saying lately.
The mobile base:
The turning point for mobile may have been CEO Mark Zuckerberg's speech at a tech conference in September, where he stated that everyone should "double down on Facebook's future." Zuckerberg stated "I think it is really easy to for folks to underestimate how really fundamentally good mobile is for us", and maintained the view that Facebook would figure out numerous ways to profit from the more than 955 million worldwide users. At that time, people just didn't understand Facebook's mobile strategy, and the quote below described the situation (taken from the news piece in my original article above).
"Zuckerberg shouldered some of the blame for the misperceptions about Facebook's mobile prospects, saying he made a mistake by initially relying on a computer coding called HTML 5 so the company's applications could run on a multitude of different mobile operating systems without making a lot of changes. That resulted in sub-par experiences for many users, Zuckerberg acknowledged, prompting Facebook to use more customization tools to account for the differences in the software that run different devices such as the iPhone and Android phones."
Are things getting any better in the space? Well, researcher Benedict Evans has provided some figures on Facebook's mobile push, and they include the following:
- Facebook's Android app base nearly tripled from September 2011 to November 2011, now at about 192.8 monthly active users.
- The iPhone's app base rose about 62% to 147.2 million.
- Facebook had approximately 70% penetration on the iPhone.
- Android penetration was about 35%, but that figure is hurt by the large amount of users in China and other emerging markets that don't have access to Facebook.
The analyst community chimes in:
When Facebook went public and the stock started dropping, there was a disconnect between Facebook's stock price and analyst expectations. Analyst expectations were very bullish, and price targets in the mid to high $30s seemed rather lofty. In October, I detailed how Facebook would have trouble holding $20 with analysts being so negative. The main premise was that too many analysts were cutting revenue and earnings forecasts, along with their price targets. However, the turning point was Facebook's Q3 results, which were fairly impressive. Since then, there have been a ton of positive analyst notes on the name, and I'll cover just a few of the recent ones in this section. There is no need to cover every single one over the last two plus months, you'll get the idea.
Right before Christmas, Needham analyst Laura Martin raised her Facebook price target from $25 to $33. She believed that "the company's mobile monetization efforts will show strong growth in the current quarter and exceed Street expectations in 2013." She thinks mobile revenue will be about $250 million in Q4, up from $150 million in Q3. Additionally, she raised her 2013 revenue forecast from $6.27 billion to $6.5 billion, and her non-GAAP earnings per share forecast for the year from $0.59 to $0.65.
Just before 2012 ended, one of Facebook's big bears turned positive, when BMO raised its rating from Underperform to Outperform, and the price target was upped from $15 to $32. Analyst Daniel Salmon believes the company is "experiencing a reacceleration of ad spending from large brands that are returning for mobile "reach & frequency" and more video ads." On the basis of those comments, Salmon raised his Q4 revenue estimate to $1.696 billion or 30% growth, compared to the previous estimate for 22%. Also raised was the 2013 non-GAAP earnings forecast from $0.60 to $0.72.
Last week, the positive analyst comments parade continued. JP Morgan reiterated its buy rating on the stock, and raised its price target from $29 to $35. JP Morgan's Doug Anmuth says mobile will generate $2.13 billion for Facebook in 2013, up from his previous $2 billion estimate. Morgan Stanley's Scott Devitt thinks Facebook's Gifts could do $1 billion in revenues in 2015, and Topeka's Ken Sena thinks Gifts could represent 5% of Facebook's profits in 2013. All of the analysts believe that ads in Facebook's mobile newsfeed are doing quite well.
The overall numbers:
There are roughly three dozen analysts providing estimates on Facebook, so it would be tedious to go over what everyone thinks. I believe I've presented a good representation above from a small number of those analysts. In the end, it's all about the average forecast, and that's what I've been tracking. The following table shows the average 2013 revenue and earnings estimate for Facebook since June 6th.
As you can see, the current estimate for 2013 revenue is at its highest point. We've come up $250 million since the low point, and that October 24th number is the estimate on the day Facebook posted its Q3 results. The earnings per share average isn't at its highest quite yet, but it's getting there. We were just a penny off the high last week. Currently, the revenue range among analysts is from $6.01 billion to $6.98 billion, and the earnings per share (non-GAAP) is from $0.48 to $0.85. This compares with current estimates for Facebook's 2012 results, which stand at $5.02 billion and $0.52, respectively. Facebook will report Q4 and full-year 2012 results on January 30th.
As I detailed in the analyst notes above, it's not just the estimates that are rising for Facebook. The price targets have been as well. The chart below shows the average price target for Facebook. We've seen a lot of target raises in the past month or so.
The current average price target is $31.89, and the average hasn't been that high since mid-September. The range amongst 27 analysts is $24 to $38. The current average price target represents 9.7% potential upside on Facebook. While that seems decent, the potential upside was over 50% on October 20th when the stock traded for just $19.
Conclusion / Final thoughts:
Everyone was concerned about Facebook's mobile strategy 4-6 months ago, which sent Facebook stock from its $38 IPO price all the way down to $17.55. But Facebook's mobile strategy has become more clear, and Q3's earnings report has sent a wave of confidence into investors and analysts. Since November 9th, Facebook's stock is up more than 51%. Analysts have raised their 2013 estimates quite a bit, and their price targets have come up too. If you believe in Facebook's mobile strategy, you might want to jump on board before the Q4 results. I'm not going to call Facebook the greatest stock on the planet, but if mobile turns out well and Facebook hits its marks, I would not be surprised to see this name back at the IPO price a year from now. That's quite a contrast to what I, like many, were saying just a couple of months ago. Facebook has to deliver though.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Additional disclosure: Investors are always reminded that before making any investment, you should do your own proper due diligence on any name directly or indirectly mentioned in this article. Investors should also consider seeking advice from a broker or financial adviser before making any investment decisions. Any material in this article should be considered general information, and not relied on as a formal investment recommendation.


text:
Don’t look now but the S&P 500 has hit a new high–again.
The S&P 500 gained 0.3% to 1,992.37 today, its highest close ever. The Dow Jones Industrial Average, meanwhile, rose 0.4% to 17,039.56–putting itself back on the right side of 17,000. The Nasdaq Composite advanced 0.1% to 4,532.10 and the small-company Russell 2000 finished up 0.2% at 1,160.12.
Stocks got a boost from strong economic data today. U.S. jobless claims fell to 298,000 last week, beating forecasts for 302,000, while existing home sales rose 2.4% in July. Then there was the Philadelphia Fed index, a gauge of economic activity in the Philadelphia region, which rose to its highest level since March 2011. Pierpont Securities’ Stephen Stanley ponders the “extreme” rise:
…I don’t usually write about Philly Fed, but the results were so extreme that I though it warranted a mention. The headline gauge accelerated in August to +28.0, a third straight monthly rise and the highest level since March 2011. That’s the good news. The bad news is that every major subindex was down substantially (the headline index is based on a separate question and is more of a sentiment gauge, whereas the other indicators are based on respondents’ own businesses’ performance). For example, the new orders and shipments measures, both at +34.2 in July, plunged to +14.7 and +16.5 respectively, while the employment barometer went from +12.2 to +9.1. The good news is that the prices paid and prices received gauges also moderated. Only the inventories index rose. As with the headline index, (again, basically a sentiment gauge), the expectations measures point to widespread optimism. The headline expectations barometer soared by 8 points in August to +66.4, the highest reading since June 1992. The future shipments gauge at +67.4 was also the highest since June 1992. Expectations with regard to prices (both prices paid and prices received) ratcheted noticeably higher in August. Interestingly, both hiring and capital spending plans moderated in August despite this ebullient outlook, underscoring a persistent problem for the economy in this expansion.
RBC’s Robert Sluymer and Anna Drotman see another pullback in stocks coming by early September:
Short-term/daily momentum indicators, tracking 2-4+ week directional swings, were helpful to identify oversold market lows in early August. Those indicators are likely to move back to overbought territory heading into late-August/early September and set the stage for another correction into mid-late September. By that time, we expect a more durable intermediate-term entry point to be at hand, consistent with a seasonal rebound through Q4.
Rhino Trading’s Michael Block previews Janet Yellen’s speech tomorrow morning in Jackson Hole, Wyoming:
So we got our expected hawkish moment, get ready for the expected dovish moment now, as Janet Yellen speaks in Jackson Hole tomorrow at 10AM ET. The topic is jobs, and I expect Yellen to talk about slack in the labor market and low wages even as she acknowledges the overall improvement. In terms of tightening, I expect her to sound less hawkish and committal than those Minutes yesterday. In other words, Janet Yellen is going to keep and confirm her dovish bent tomorrow. Everything remains data dependent – we know all of this already. The most likely outcome of the speech? The resumed grind higher. That’s it.
That’s better than nothing.
We lower our 3Q estimate 36c to a $0.07 loss on higher litigation costs (we already had $1.2 bil of litigation in our 3Q14 estimate), partly offset by $200 mil in better NII on slower premium amortization due to lower yields. We lower our 2014 estimate 35c to $0.40 with the impact from the settlement partly offset by lower litigation costs in 4Q. We raise our 2015 estimate 5c to $1.55 on lower litigation costs, which we now see normalizing at $1.0 bil per year…
The settlement today removes a large legal overhang on the stock. From here we expect the focus will shift to the fundamental drivers, including cost savings and a balance sheet well-positioned for an eventual rise in interest rates. Target remains at $19; Maintain Buy.
Shares of Bank of America have gained 3.5% to $16.06 at 2:36 p.m. today. They’ve also helped give other big banks a boost: Citigroup (C), for instance, has risen 2.3% to $50.97, JPMorgan Chase (JPM) has advanced 1.6% to $58.58 and Wells Fargo (WFC) is up 0.9% at $51.31.
CLSA’s Andrew Fund and Emmanuel Rosner explain why they think Tesla Motors (TSLA) comes with big risks but the potential for big returns:
Tesla offers a high-risk, high-return opportunity with its aspirations to electrify the auto industry. With an intense focus to reduce battery costs and a differentiated ownership experience, we expect the company to establish a sustainable position in the industry, enabling it to successfully face future competition.
The binary outcome for the stock is likely to keep it volatile, but we expect it to ultimately trend higher as Tesla reaches new milestones that improve the probability of success. With an optimistic outlook already priced in, we see moderate upside potential over the next 12 months. We initiate with an Outperform rating and a DCF-derived US$300 target price, which implies 87x 15CL EPS versus a historical average of 83x.
Shares of Tesla Motors have dipped 0.5% to $254.45 at 11:54 a.m. today.
Williams Capital Group’s Marc Riddick explains why he raised his price target on Keurig Green Mountain (GMCR) to $131 from $125:
We are increasing our 12-month price target to $131.00, up from our prior price target of $125.00. Our price target represents a target multiple of 32x a blend of our F2014 and F2015 adjusted diluted earnings per share estimates. We believe that Keurig Green Mountain shares will be predominately driven by new products (Keurig 2.0 new hot beverage platform and Keurig Cold new at-home carbonated beverage platform) and other new relationships…
Our F2014 estimates assume a reduction in year-over-year revenue growth of 7.0% to $4.683 billion, (down from our prior estimate of 7.5%), a reduction in our operating margin estimate to expansion of approximately 216 basis points to 19.73% vs. 17.56% in F2013 (down from our prior expansion estimate of 257 basis points) and a reduction in EPS growth to 13.7% (down from our prior estimate of 13.8%). The adjustments to our full year estimates reflect F3Q 2014 results and a 280 basis point reduction of our operating margin estimate for F4Q due to increased expenses to support the new Keurig 2.0 rollout…
We continue to expect benefits from lower coffee prices, which are 100% locked in for F2014 and approximately 75% locked in for F2015. However, we also expect greater brewer sales (which reduces our gross margin estimates), increased spending on R&D, brand building efforts behind new products and continued competitive pressures from all coffee providers, be they whole bean, ground, single-serve, branded, private label, K-cup “compatible” or otherwise.
Shares of Keurig Green Mountain have gained 0.8% to $118.53 at 11:43 a.m. today.
JPMorgan’s Ann Duignan thinks it’s too early to upgrade Deere, despite the fact that its shares have dropped 5.8% so far this year and trades at just 12.5 times earnings forecasts. She explains why:
With the peak in US crop cash receipts behind us the question facing investors is what the new cycle will look like, both in magnitude and duration. During the past cycle demand for large HP tractors and combines in NA peaked at ~40% above the long-term normal and ~100% above pre-ethanol levels. Our analysis suggests that Deere’s revenues peaked in FY’13 at 120% of normal; its EPS peaked at 150% of normal
and its OROA at 32% suggests that the market for equipment was indeed at 120% of normal. With little new incremental demand for commodities, Deere’s earnings are likely to remain weaker for longer than expected, in our view.
The trough of Deere’s earnings may not be in FY’15, but in FY’16 and in an environment where the fundamentals support only 2%+/- growth in incremental demand. It seems increasingly unlikely, in our view, that Deere can achieve $50B in sales by 2018.
When Nine Inch Nails released the Downward Spiral, I’m pretty sure it didn’t have Sears Holdings (SHLD) in mind. Still, it might be an appropriate soundtrack after Sears released shockingly bad financial results this morning.
Sales at Sears fell to $8.01 billion, below analyst forecasts for $8.13 billion and the 30th consecutive quarterly decline. It also suffered its ninth GAAP loss in a row, according to Briefing.com.
Credit Suisse analysts Gary Balter and Andrew Kinder see a downward spiral at Sears:
Sears Holding reported another quarter of very disappointing operating results, results that point to its inability to hold on to share in its core categories without sacrificing further gross margin and increasing its record losses. To put that in perspective, Home Depot (HD) in Q2 had double-digit comparable appliance sales and it had no impact on its gross margins. Conversely, Sears, in an effort to not lose more share in appliances, was extremely aggressive in order to deliver positive comp sales results, but this came at a tremendous cost to gross margins. Gross margins declined 242 bps y/y in Sears Domestic, implying that it was buying sales through discounts and free delivery as consumers do not otherwise see the value of shopping in one of the worst service stores in America.
That’s a bad competitive position to be in, but at least the Sears Domestic segment was able to buy its sales. The Kmart segment had -1.9% comps on weak results in their core transactional categories (Grocery & Household), despite 221 bps of gross margin decline y/y.
What the overall results indicate is a continuation of a spiral further and further down in operating cash flow and at one point relevance. Sears size has been one of its biggest selling points to suppliers, who continue to fund the company’s operations even as operating cash flow remains at over a negative $1.5 billion per year. However, Sears efforts to sell assets to stay afloat, besides stripping out profitable Lands’ End and select Canadian stores, is leading to more store closures, implying overall sales will continue to decline, and at one point the company may lose its relevance with its key vendors.
In fact, Sears has been getting schooled not just by Home Depot, which reported stellar financial results earlier this week, but Lowe’s (LOW), Wal-Mart (WMT) and Target (TGT) as well, Balter and Kinder say. Consider:
A decade ago, Sears’ sales were $56 billion, compared to $73 billion at Home Depot and $36 billion at Lowe’s. Assuming the Sears Canada segment is disposed of by the end of this year and assuming 140 store closings but flattish comps, we estimate total volume for Sears will be down to ~$30 billion. We project Home Depot and Lowe’s will have sales of $83 billion and $56 billion, respectively. Home Depot and Lowe’s compete against the Sears Domestic segment, whose sales alone will be down to $18 billion in 2014 and it is important to note that this includes Sears Auto Centers and possibly other businesses the company plans to dispose of, which would make the sales gap even worse. And Kmart’s
positioning is even weaker, given its sales of $12 billion versus Wal-Mart, Target, and the growing dollar stores.
Let’s assume that suppliers stay with Sears and there does not appear to be a near-term reason to jump ship as only $92 million of term debt is due through 2017 and there are few clauses that should cause problems. The issue is that Sears has not shown an ability to stem the sales decline without giving up massive margin. This is the core problem the company faces as poor productivity leaves limited room for expense cuts and between Home Depot, Lowe’s, Walmart, the growing dollar stores, and
possibly a rejuvenated JC Penney (JCP) and Target, competition is fierce and there are no obvious share donors.
Shares of Sears have dropped 6.3% to $33.68 at 1:52 p.m., while Home Depot has advanced 0.4% to $91.07, Lowe’s has jumped 1.1% to $52.92, Wal-Mart has gained 1.1% to $75.80 and Target has risen 0.7% to $60.74. JC Penney has fallen 0.8% to $10.25.
After yesterday’s close, Diamond Offshore (DO) and Hercules Offshore (HERO) released their August fleet status updates–and provided another sign that offshore drilling will likely get worse before it gets better. Raymond James’ Praveen Narra and team explain:
After the close, Diamond Offshore issued a negative fleet status which included a lower-than-expected rate on an ultra-deep-water rig. Specifically, the FSR indicated that Diamond Offshore had contracted the Ocean Monarch (2008 delivered UDW, Australia, fifth generation) for one year at a clean dayrate of $425,000/d, or below our estimated 2015 rate of ~$450,000/d. The contract also contains a convertible option to alter the contract to an 18-month term at $410,000/d. The implied dayrate on the additional six months (if converted) is ~$380,000/d (below our estimated 2016 rate of ~$425,000/d). On the positive side, the company did receive a ~seven month extension on the Yorktown (MW, Mexico) at $184,000/d, above our $150,000/d estimate. Bottom Line: Contracting velocity in the UDW market has been virtually non-existent (save some contracts which we consider to be under “stale” rates). While we caution the use of a single datapoint as “leading edge,” the Monarch contract/convertible option was notably lower than we had expected and indicative of the softness in the market and potential fight for utilization…
Hercules released its August fleet status which included a contract termination…It was clear that the coming months could be choppy domestically as we move through hurricane season, and management had acknowledged this fact. However, the termination of a contract and increase in potential rigs available gives us further caution.
Investors are clearly worried today–even if Diamond Offshore Drilling has ticked up 0.1% to $44.10 at 10:26 a.m. Hercules Offshore has dropped 4.2% to $3.16, while Seadrill (SDRL) had fallen 0.9% to $37.21, Transocean (RIG) has dipped 0.5% to $38.55 and Atwood Oceanics (ATW) is off 0.9% at $48.71.
Stocks are looking to turn a three-day rally into a four.
S&P 500 futures have gained 0.2%, while Dow Jones Industrial Average futures have risen 0.2%. Nasdaq Composite futures have advanced 0.1%.
American Eagle Outfitters (AEO) has gained 1.7% to $13.20 after the retailer was upgraded at Sun Trust and Janney.
InterMune (ITMN) has dropped 1.1% to $53.50 after it was cut to Market Perform from Outperform at Wells Fargo.
Stage Stores (SSI) has plunged 9% to $16.84 after it missed the Street’s earnings and revenue forecasts and offered disappointing guidance.
WhiteWave Foods (WWAV) has fallen 1.9% to $34.50 after it was cut to Neutral from Buy at Longbow.
Shares of Hertz (HTZ) are tumbling today after the rental-car company release so much bad news it’s hard know where to begin.
Hertz withdrew its financial forecasts, citing higher audit expenses; it said the sale of its equipment-rental business could be postponed well into next year; and that higher demand was offset by too few cars thanks to recalls at General Motors and others. And that’s just some of the issues.
JPMorgan’s Kevin Milota throws in the towel on Hertz…
We are downgrading our rating on Hertz to Neutral from Overweight following the company’s 8-K filing last night. The filing contained a bundle of bad news that we believe will be the point of capitulation for many of the frustrated bulls who have been extremely patient with Hertz until this point (as it has yet to print 1Q & 2Q results due to its financial statement review that began in May 2014). In the 8-K Hertz announced 1) it is withdrawing its 2014 guidance (and will be well below the low end of its previous guidance); 2) 2Q14 headline results were lackluster with revenues coming in below our/Street’s estimates; 3) its Rental Car Group President and Lead Independent Director retired; and 4) it potentially delayed the spin of its equipment rental business past 1Q15 (a major catalyst for investors looking for the rental car business recapitalization). We, and believe many of the bulls, have lower confidence in Hertz’s ability to manage through the accounting/financial statement review while concurrently participating in the rental car operating fundamental upswing that its primary competitor Avis Budget has seen to date.
…as does Deutsche Bank’s Chris Woronka and Carlo Santarelli.
Net-net, it’s difficult to find any positives in the report. Collectively, we view the data points as a major fracture point in the Hertz bull case, particularly on the operations side….Many issues appear to be Hertz-specific; that’s what troubles us…At a minimum, conviction has been severely reduced. As such, we are downgrading Hertz to Hold.
MKM’s Christopher Agnew, however, tries to remain optimistic about Hertz’s prospects:
We believe operational issues can and will be corrected and, therefore, in combination with the highly attractive spin we maintain our Buy rating. Hertz remains in our eyes an attractive investment over the next 12-18 months, but is likely to remain volatile. We recommend buying on the dips; our 12-motnh price target remains $33. We continue to strongly recommend Avis Budget (CAR) and would use any Hertz-related weakness to buy the stock. Industry fundamentals are strong and pricing is sustainable, in our view.
The folks at Fir Tree Partners, which owns 3.1% of Hertz shares, think its time for CEO Mark Frissora to go. Fir Tree spokesperson Scott Tagliarino explains:
The CEO has had some serious missteps, and it’s time for a change. We believe Hertz has an incredible brand and an opportunity to show leadership in the car rental industry. We look to work constructively with management and the Board to address these issues.
Shares of Hertz finished down just 3.9% at $30.33 today, after plunging more than 11% earlier in the day. Avis Budget rose 0.3% to $68.97 and General Motors dipped 0.1% to $34.53.
In journalism we have a rule: Three is a trend. And with stocks gaining for a third consecutive day, that appears to be what we have here.
The S&P 500 gained 0.2% to 1,986.51, its third highest close in history, while the Dow Jones Industrial Average rose 0.4% to 16,979.13. The Nasdaq Composite finished little changed–down 1.03 points–at 4,526.48, and the small-company Russell 2000 fell 0.4% to 1,157.51.
The big news today: The release of the minutes from the Federal Reserve’s July meeting. Capital Economics’ Paul Dales has the goods:
The minutes of the FOMC meeting that took place at the end of July suggest that the Fed has taken another step closer towards raising interest rates. This is consistent with our view that “lift-off” will take place in March next year.
We already knew from the statement released immediately after the meeting that Philadelphia Fed President Charles Plosser dissented because he thought that rates would need to rise sooner after the asset purchases end in October than implied by the comment that the Fed would wait a “considerable time”. The minutes, however, suggest that two or three more officials shared his view…
Overall, a lot still depends on whether or not wage growth accelerates as the labour market continues to improve. Nonetheless, the minutes provide some support to our view that rates will first rise in March and will then increase by more than widely expected.
Wolfe Research’s Chris Senyk and team think the threat of a Fed rate hike will keep “multiples under pressure:”
While the S&P 500 has rebounded 3.8% over the past eight trading days (recovering nearly all of the mid-July to early-August selloff), U.S. equities are roughly flat quarter to date, despite much stronger than expected 2Q GDP and earnings results. In our view…our sense is that the root cause of recent volatility and muted stock returns has been Fed policy. More specifically, the Fed has remained steadfast with respect to tightening policy by ending QE and signaling that rate hikes will likely commence in the first half of next year. In our view, this has had two important impacts: (1) the secular multiple expansion story has come to an end; and (2) investors have become more intently focused on macro risks, given that a much less valuable ‘Greenspan/Bernanke/Yellen’ put option is now providing downside protection for investors.
For now, at least, the market doesn’t seem to have noticed.
Earnings reports, corporate strategies and analyst insights are all part of what moves stocks, and they’re all covered by the Stocks to Watch blog. We also look at macro issues, investor sentiments and hidden trends that are affecting the market. Stocks to Watch gives you the full picture of the U.S. stock markets, all day long.
The blog is written by Ben Levisohn, a former stock trader who has covered financial markets for the Wall Street Journal, Bloomberg and BusinessWeek.
Write to Ben at Ben.Levisohn@barrons.com


text:
The American National Standards Institute recently approved the AWI 0620 – Finish Carpentry Installation Standard, a first of many in the upcoming suite of new architectural woodwork standards.
The new Installation Standard will be published alongside AWI's new primer standards, which include AWI 100 – Submittals, AWI 200 – Care & Storage, AWI 300 – Materials, and AWI 400 – Finishing.
The AWI 0620 Installation Standard contains updated requirements for the installation of architectural woodwork and related interior finishes and has been simplified in a single-document format facilitating ease of use and reference, according to ANSI.
Other improvements to AWI's Standards include new and updated illustrations, direct links to an interactive online glossary, and language that is less focused on prescriptive requirements.
The AWI 0620 –Finish Carpentry/Installation Standard, as well as the accompanying primer Standards, are expected to be published in first quarter, 2019. Until then, the Architectural Woodwork Standard, 2nd Edition remains the current woodwork standard.
For more, visit www.awinet.org.


text:
In spite of the fact that this is the case, a new report from Bain revealed that around 77% of companies still plan on increasing their tech budgets for 2023 when compared to budgets for 2022. This is a decrease from last year’s 90% that said the same, but with all of that having been said and now out of the way it is important to note that the vast majority are still planning on investing even more than they have in the past due to the importance of tech related innovation.
Venture capital investments over the past few years seem to confirm that the tech train is not showing any signs of stopping. Around 75% of venture capital dollars have gone towards enterprise software and IT infrastructure. It makes sense that the focus would shift to the commercial sector now that IT has so thoroughly dominated the consumer sector, and it will be interesting to see if the current global climate has implications in the future that have not played out as of right now.
Additionally, AI seems to be a hot topic for investors. Around 86% of tech professionals and experts who responded to this survey said that AI is becoming standard in terms of acquiring customers and sustaining growth. That means that companies currently can’t afford not to invest in AI, so we will likely see a continued increase in investment in this sector for the foreseeable future.
Despite that, only 20% of companies actually have the infrastructure to properly utilize AI. That might create some roadblocks down the road and it suggests that current investment inflows are purely speculative rather than utilitarian.
Read next: The Fintech Marketplace Has A Larger Share Of Investors From Across Android Devices As Opposed To Apple Ones


text:
It is the mission of Integrata Security to provide the world’s most effective cyber security solutions to protect and preserve America’s critical cyber infrastructure.
Integrata Security was formed in October 2012 to facilitate a technology transfer from one of the Federal laboratories or research institutions in the Maryland area. Since it’s inception, the company has continued to develop and improve the exclusively licensed technology and has grown its team. In December 2015, Integrata acquired key products and customer relationships from Resilience. These world class cybersecurity appliances and software products are an effective complement to the company's wireless security product.
The founders of the company met at the MBA program at Robert H. Smith School of Business at University of Maryland. They were not only committed to building a cyber security product-based company, they had the combined experience and knowledge to succeed. CEO Mike Geppi, for example, was a former banker and knew first-hand of the threat of cyber attacks in the financial industry. His co-founders had the combination of systems architecture and large-scale project management expertise needed to create and advance innovative product solutions.
MEET THE TEAM
JOIN OUR TEAM
This spring, the InvestMaryland Challenge will award four $100,000 grand prizes to innovative young companies with the potential to flourish in Maryland. Now in its third year, this national seed and early-stage business competition, hosted by the Maryland Department of Business and Economic Development, has accepted hundreds of applications since fall 2014. Judges have now[…]
The Baltimore Sun Governor-elect Larry Hogan told technology entrepreneurs Wednesday they would “have a friend in the governor’s mansion” come January. “We really need to start to hone the commercial side of the cyber enterprise,” said Tom Sadowski, CEO of the Economic Alliance of Greater Baltimore, at a recent Chesapeake Regional Technology Council event. “We[…]
CBS Baltimore The 4th annual Cyber Maryland Conference at the Baltimore Convention Center, once again spotlighted Maryland as a national leader in cyber security. More venture funds are allocated to cyber security start-ups in Maryland than in any other state. In fact, Michael Geppi’s cyber start-up, Integrata Security was the recipient of an initial grant[…]
MD BIZ News Two Maryland companies are tapping new 3D manufacturing resources by partnering with local federal facilities. Integrata Security and RPM Tech have each entered cooperative agreements through the Northeastern Maryland Additive Manufacturing Innovation Authority (NMAMIA) to expand their 3D prototyping capabilities. Integrata will be working with the Edgewood Chemical Biological Center (ECBC) to[…]
Baltimore Business Journal The Baltimore Business Journal has announced its 2014 40 Under 40 honorees. Read More www.np.com.ua www.expresslock.com.ua/ Cartoons
Daily Record Business Writer Maryland’s cybersecurity businesses have plenty of conferences, discussions, panels and pep rallies, support from higher education institutions and state government entities. And they know how to get business through government contracts. But to grow these companies from small startups to economic engines, they will need something else: commercial customers. “We really[…]
Nature Journal n mid-November 2013, shadowy saboteurs attacked and crippled multiple sections of the electric grid in the United States. The previous day, assailants sponsored by a rogue government had struck at the heart of London’s investment-banking industry, four months after a similarly brazen assault on New York’s Wall Street firms. Fortunately, the mayhem unleashed[…]
Smith Business Magazine: Spring 2014 When former banker Mike Geppi entered the Smith School’s executive MBA program in 2010, he had his sights set on starting a business. He was also looking for potential business partners. He never expected that he’d find four classmates to join him and trusted faculty advisors and a lawyer to[…]
MBC Magazine Much of the journey of creation takes place in the space of the human mind. Yet that journey is not a solitary one. Intellects require companionship. Great ideas spark new approaches – and more new ideas – when they are tested by conversation and forged in collaboration. And those combinations require spaces to[…]
MD BIZ News Integrata Security is a rising star in Maryland’s cybersecurity community. Currently housed in the bwtech@UMBC Research and Technology Park, the startup has developed high-level threat detection and prevention for wireless networks through constant monitoring of all data and all channels. CEO Mike Geppi founded the company with colleagues he met through the[…]
Baltimore Business Journal Integrata Security is in the midst of raising anywhere from $1.1 million to $1.6 million, which will be used for product development. This is the second round of funding in the past several months for the Baltimore-based cyber security firm. The year-old startup in January was in the final stages of closing[…]
Baltimore Business Journal Mike Geppi saw firsthand how banks couldn’t give in to the flexibility of wireless networks for fear of cyber-attacks. The former banker turned techpreneur joined with his fellow MBA students at University of Maryland’s Smith School of Business to create Integrata, a company that focuses on securing wireless networks. In just one[…]
Baltimore Business Journal Integrata Security is in the final stage of a $750,000 funding round, money that will be used to help take the Baltimore cyber security firm’s patented product to market. The year-old startup focuses on securing wireless networks and recently signed an exclusive license agreement with the National Security Agency to commercialize the[…]
Integrata Security featured in a WMAR News Story about Legislative Efforts to Boost the Maryland Cyber Security Industry
ANNAPOLIS, Md. House Speaker Michael Busch and Senate President Mike Miller said they’ve worked about a year, and today the brains behind our universities joined them in Annapolis, to announce a plan on how to grow Maryland business and keep them here. They announced a commission to study how Maryland is keeping up with education,[…]
Proximity. Potentiality. Coffee. This morning, you can almost hear the first two qualities over the hiss of the coffeemaker as the employees of Integrata Security watch a presentation by their CEO, Mike Geppi in the CyberHive – a joint project between bwtech@UMBC, the Maryland Department of Business and Economic Development, Corporate Office Properties Trust (COPT)[…]


text:
In view of the need to increase the effectiveness of Madrid’s informational and promotional presence in China, Madrid Convention Bureau has spent the last few months adapting contents for this market. China has become a key stakeholder in this field, with a great deal of potential in terms of business and incentive tourism.
The adaptation is taking place in several stages. Initiatives kicked off in early 2017 and will continue throughout the year and into 2018, in partnership with Long Strategy. MCB has worked with the consultancy firm to adapt the claim “Madrid, making business a pleasure” for media content, communications and presentations in the Chinese market or with clients from China. As well as adapting the brand, the information resources for presentations, fam trips or business tours, including the video of Madrid as a business tourism destination, have been translated and adapted, and a series of guidelines have been drawn up to establish how to manage schedules during fam trips and how to interact with Chinese clients taking part in MCB promotional activities. The following stage will see the adaptation of the website and the creation of an account to upload promotional videos on Youku, the Chinese YouTube.
The materials were tested for the first time during the follow-up tour that MCB organised after hosting the Reverse Trade Sessions for the Chinese market in Madrid, organised by Turespaña, where around 50 Madrid-based tourism comapanies met with the 23 Chinese agencies that attended the event. After the event, the group visited some of the city’s most iconic landmarks, including Teatro Real opera house, Intercontinental Hotel, Santiago Bernabéu stadium, and locations near the capital, such as the Palace of Aranjuez. They also tasted Spanish gastronomy and were given information about Madrid for clients with an interest in incentive tourism. In 2018, MCB will travel to China to organise a roadshow-destination presentation for agencies and corporate clients that could potentially manage incentive trips to the city, similar to the events hosted in 2016 or TBC activities that will be hosted by Madrid this year.


text:
In his Interview with our Representative,the crypto expert said that “Due to alot of demand of bitcoin, it will hit 10000$ and alot of online stores now accepting the crypto currency“
And He aslo said that;
“I’d like to mention that I’m not going to quote any of the dozens of pseudo analysts with their crazy declarations about Bitcoin price to be equal $200000 by the end of 2019”
The rise of trading volume and an increase in the number of trading positions in December 2018 indicated that the market had touched its bottom, which was $3200 on December 15. Bitcoin price had reached its lowest point, and the upward movement started again. Besides, the trading volume has noticeably increased, which has led to an increase in volatility. These factors will likely lead to a significant rise in buyers/investors entering the field. And this, in turn, will lead to an increase in Bitcoin price
Selling Bitcoin now is like selling Amazon stocks in 2000 after the dot-com bubble burst. I’m sure you don’t want to regret doing something like that.
It’s clear: if done correctly, buying and selling Bitcoin can mean big profits. It’s made a lot of money for people in the past, and still is today. It is also clear, though, that you can lose a lot of money too.You should now have a greater understanding of how and why the Bitcoin price changes (supply and demand, regulations, news etc.), which means you know how people make their Bitcoin price predictions. As well as thinking about these things (supply and demand, regulations, news etc.), they also think about the technology of Bitcoin (the Bitcoin blockchain) and its progress.
That’s “ironic,” according to the A.T. Kearney report. “Ironically, for cryptocurrencies to see a third decade, the only viable path forward involves this acceptance by the international financial system that Bitcoin once sought to defeat.”
Meanwhile, a pause in interest rate hikes could bring back investors to the Bitcoin market.
That’s what Bitcoin bulls need after a dismal 2018.
Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.


text:
The gold rush for patents continues.
The last year alone has witnessed a number of high-priced transactions for intellectual property rights, from Google‘s $12.5 billion takeover of Motorola Mobility to a consortium’s purchase of 6,000 technologies from the bankrupt Nortel Networks for $4.5 billion. (Among the members of the Nortel consortium was Microsoft.)
And Eastman Kodak is building much of its bankruptcy reorganization around the planned sale of its collection of 1,100 digital imaging patents. The company has estimated the value of that portfolio at up to $2.6 billion.
Such deal-making comes amid an arms race among the industry’s giants to protect themselves from competitors’ legal strikes — or to collect ammunition of their own. More than a dozen companies, including Apple, Samsung and Kodak, have filed patent infringement lawsuits and countersuits in the last 12 months over a wide array of technologies, from smartphones to social networking.
In one of the most prominent examples to date, Yahoo and Facebook have been embroiled in a big court fight that so far has been rare among Web companies. Each has claimed that the other has improperly used patents that cover technologies as basic as messaging and personalized content on Web pages. (Some of the patents that Facebook cites in its lawsuit were gained in recent purchases, possibly including the I.B.M. deal.)
Not all companies with bulging collections of intellectual property have been able to garner high prices, however. InterDigital called off an auction of its 20,000 wireless patents in January because of an inability to fetch a sufficient bid. The company is instead focused on selling off the portfolio in pieces or reaching licensing agreements.
And while many think RIM could command a king’s ransom for its smartphone and e-mail technologies, analysts at Jefferies speculated that the Canadian company might only receive $1 billion to $2.5 billion for the patents.
Still, AOL’s deal appears to have given investors hope that there is still plenty of money to be wrung from patents. Shares in InterDigital rose 3.3 percent, to $34.80, in midmorning trading on Monday. And shares in RIM jumped 4 percent, to $13.18.


text:
Total Global Tablet Market Exceeds 32m Shipments In Q3 2012
The total global tablet market exceeded 32 million shipments in Q3 2012, growing 75% year on year, according to a new Tablet Market Update report from Futuresource Consulting.
Dunstable (I-Newswire) December 5, 2012 - Futuresource forecasts show that the tablet market will reach shipments of 137 million units in 2012 and will grow almost threefold over the next five years to reach 352 million units shipped in 2016.
"We're seeing significant industry growth across all key world territories, with the majority of tablet market activity still originating from consumer purchases," says Simon Bryant, Head of Consumer Electronics, Futuresource Consulting. "However, education and enterprise segments are growing and now account for 11% of the market. In particular, the education segment accounted for 26% of B2B shipments, equating to 3% of the total market in Q3 2012. This demonstrates the continuing impact of personal electronic devices on the classroom.
"We've been monitoring the market in China for some time now, and as its domestic white label tablets continue to exert an influence on global volumes we are now including this data in our forecasting. Between Q1 and Q3 this year, the Chinese white label market accounted for around six million units shipped - 43% of the total Chinese tablet market - and these white label products could achieve between nine and ten million units for 2012, which equates to around 50% of the total Chinese tablet market."
The USA continues to lead the way in tablet adoption, currently accounting for 43% of global ownership and is on track to achieve an installed base of nearly 90 million devices by the end of 2012. Europe has seen slower uptake, with Futuresource research showing that nearly 45 million devices will be in European homes by the end of 2012. In the UK, total tablet shipments continue to grow, with forecasts of 6.4 million units sold in 2012, up from 3.8 million in 2011. Looking to the emerging markets of Brazil, Russia and India, growth is running at levels more than double the USA and Western Europe, though from a far smaller installed base.
The current and future growth in tablet shipments is being driven by many factors, with price being a key influencer. Price drops in premium high end products are making products widely available to a wider user base, with many consumers already in a position to upgrade. For example, the Samsung Galaxy Tab is being pushed by a reduced pricing strategy across Europe which has led to a lift in sales.
"The average trade price per unit is currently down below $370, representing a 24% drop in price year on year. Despite this price erosion, the overall value of the tablet market will continue to climb, and prospects for the industry are extremely positive, with strong growth throughout the forecast period to 2016," says Bryant.
Futuresource Consulting is a specialist research and knowledge-based consulting firm with a heritage More.. stretching back to the 1980s. The company provides market insights into consumer electronics, digital imaging, entertainment media, broadcast, optical manufacturing, storage media, professional IT and education technology.
With more than 60 full-time employees delivering in-depth analysis and forecasts across the entire value chain, Futuresource is able to advise on market, competitive and technological developments, providing clients with access to the information that helps produce the best possible results.Less..
Kensworth Gate, 200-204 High Street South
Phone : +44 1582 500 131
Published On:December 5, 2012
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.
Post-NAB 2014 Editors' Lounge To Feature The Latest From Avid
Future Electronics Offers the New 85V Half Bridge MOSFET Driver MIC4605 Series from Micrel
How to Organize IOS Apps Better
Riaxe Launches Free SWF to SVG Online Converter
Designs2HTML Delivers 100% Pixel-perfect WP Themes Starting at $129


text:
Sandbox Soars and HUH Token set to Launch
The Sandbox (SAND) has been trading higher on the digital market in the previous 24 hours after achieving a seven day all-time high of $8.43 on November 24, 2021. Investors are following the price of Sandbox as it strives to make its mark in the emerging business of decentralised gaming, non-fungible tokens (NFT) and the metaverse. The Sandbox has gained sponsorship from popular names, including Atari, Adidas and musician Snoop Dogg. The Sandbox is trading at $7.20, up 3.95 per cent, according to CoinMarketCap.
Cryptocurrencies are quite sophisticated, but you should always be very cautious when parting with money since you might lose all the cash you put in. Cryptos are highly volatile. Thus their prices may make significant fluctuations with little warning. Newer cryptocurrencies are also riskier than more established ones, such as Bitcoin, and leave you more prone to fraud. If you’re willing to invest nonetheless, the information below concerns the Sandbox and its future price forecasts.
The Sandbox was released in 2011 by Pixowl. It’s a blockchain-based virtual environment enabling users to create, construct, buy and trade digital assets in the manner of a game. The Sandbox develops a decentralised platform for the gaming community by integrating decentralised autonomous organisations (DAOs) with NFTs.
The Sandbox founders claim their objective is to effectively bring blockchain technology into popular gaming. The site includes a play-to-earn paradigm that enables users to be both producers and players concurrently. It has a SAND utility token that permits the transactions on the network.
The Sandbox employs blockchain technology in the realm of gaming. Gamers may develop and gather blockchain-based assets. The Sandbox establishes a metaverse of where participants may contribute to the platform’s evolution. The SAND token offers decentralised governance and invites users to voice their thoughts and ideas regarding the growth of the project. The startup has garnered an endorsement from popular brands that were mentioned earlier: Atari, Adidas and the rapper Snoop Dogg who is building up a house and NFT collection in Sandbox’s metaverse.
The Sandbox started trading in September 2011. The Sandbox has gained by 75.98 per cent this week, according to Coinbase. Meanwhile, Wallet Investor anticipates the cryptocurrency will achieve $10.68 in one year’s time and $23.21 in five years. And Price Prediction Net believes Gala will reach an average value of $10.07 in 2022, $31.20 in 2025 and $65.87 in 2027. These price projections are far from sure, however, so they should take them with a grain of salt.
Another token that is set to launch in five days is HUH Token. This token has aims of creating its own metHUHverse.
One benefit the HUH Token has over The Sandbox is it’s potential to produce additional more than one sort of money. The HUH Token combines its amazing social capability with a smart chain-based referral mechanism. The person who purchases HUH Token can referrer anyone they wish who does not hold HUH Tokens, through a code that is given upon purchase.
This recommendation lets the referrer collect 10 per cent of the purchase price from the new HUH Token holder. This 10 per cent is assigned as either Binance Coin BNB or another cryptocurrency which depends on the exchange.
This is important because it allows the holders of this cryptocurrency to create a foundation in their wallets by diversifying their holdings over multiple digital currencies. In respect to stability and security holdings of cryptocurrency, the HUH Token has also allocated an astonishing $1,000,000 of liquidity that is locked in for at least two years.
This liquidity is equally distributed between the two first platforms the Token will be issued on, PancakeSwap and Uniswap.
HUH Token has also been audited by both Solidity Finance and Shellboxs, with Certiks audit being finished by the end of this week. HUH Token’s white paper is slated to be released this week which will assist establish its ambitions and usefulness. Of course, like other cryptocurrencies, there’s an inherent risk with buying any digital asset that’s impossible to inherently value.
However, given the various forces powering this cryptocurrency upward, it appears there may be a runway of potential for HUH Token to go down.
Follow HUH Token on their Socials before they Launch:


text:
Toyota's China Financing Unit Fined for Commercial Bribery, Xinhua Reports
Toyota Motor Corp.’s Chinese auto financing unit was fined for commercial bribery for giving rebates to dealers who steered loan business its way, Xinhua News Agency said, citing a local government agency.
Toyota Motor Finance (China) Co. was charging annual interest of 10 percent to 13 percent on loans, compared with 7 percent at China’s major state-owned banks, and rebating some of the interest earnings to the dealers between August 2008 and April 2010, Xinhua said.
The industry and commerce administration in Hangzhou, in China’s eastern province of Zhejiang, fined the auto-finance company 140,000 yuan plus all illegal earnings, Xinhua said.
Both Mike Michels, a U.S. spokesman for Toyota, and Justin Leach, a spokesman for Toyota’s North American finance unit, said they were unaware of the development and weren’t immediately able to comment.


text:
In 2002, Francesco Clark was a 24-year-old fashion assistant moving up the ranks at Harper’s Bazaar when his life took a dramatic turn. While on a weekend in the Hamptons, he dove into the shallow end of a pool, resulting in a severe spinal-cord injury that left him paralyzed from the neck down. Clark was told that he had a 19-percent chance of survival.
Defying the odds, Clark survived and spent five years doing hours of daily physical therapy and regaining some of his strength. He’s also since regained mobility in his arms.
Still, he continues to face numerous physical hurdles. One of them, the inability of his skin to regulate temperatures — and, consequently, his ability to sweat — actually became part of the impetus behind Clark’s Botanicals, his thriving line of skincare products.
After his accident, Clark, a Westchester native, found that his skin was extremely reactive to products and could not rebalance itself leading to clogged pores and severe breakouts. His father, Harold Clark, a physician specializing in internal medicine who is trained in both Western medicine and homeopathy, helped his son develop the first formula for Clark’s Botanicals. Setting up a lab in their kitchen, the two went through 78 different mixtures using botanical extracts and oils. They discovered “jasmine absolute,“ which has anti-inflammatory properties that appear to help roscacea and boost collagen production. It is gentle enough for sensitive skin and is now in every one of the company’s products.
Clark wasn’t originally planning to sell his products but, while having lunch with his former boss at Harper’s Bazaar, the editor noticed how much Clark’s skin had improved and requested a vial to take home. The editor gave Clark three months to find a supplier, package the product, and build a website as Clark’s Botanicals would appear in the September 2007 issue. The rest, as they say, is history.
All of Clark’s Botanicals’ products are made in America and, in 2014, the Bronxville-based company became the first and only beauty line to win Martha Stewart’s American-Made Award. Clark is an ambassador for The Christopher Reeve Foundation and a portion of profits from the sale of Clark’s Botanicals benefits the foundation. Clark’s Botanicals can be found at Maison Rouge in Bronxville as well as www.clarksbotanicals.com.


text:
The rotation trade is only halfway through, and these 5 sectors will continue to outperform until it's over, Goldman Sachs says
- Goldman Sachs's Lou Miller said he believes the rotation trade is only "halfway through" in a new Daily Check-In podcast.
- Miller highlighted the energy, materials, financials, industrials, and consumer discretionary sectors as top performers.
- He also talked about the effects of inflation and said investors might look to Europe and emerging markets for their "reopening trade" moving forward.
- Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
The rotation trade is only halfway through, and the industrial, financial, energy, consumer discretionary, and materials sectors will continue to outperform until it's over, according to Goldman Sachs.
"I think we're definitely halfway through this trade, but I don't think we're close to the end. I think there's still room for this rotation to continue," Miller said.
The rotation trade is an ongoing move by investors away from highly-valued growth and tech-related stocks to more value-oriented names.
The reasoning behind the trade involves rising growth and inflation expectations - thanks to vaccines and stimulus - which may lead the Fed to increase interest rates and pull back on asset purchases.
That puts pressure on growth stocks which are valued based on discounted future earnings. When the discount rate changes due to increased interest rate expectations, tech and growth stock valuations are called into question.
A new study released by E*Trade on May 3 illustrates the prevalence of the ongoing rotation away from high-flying tech and growth stocks, even by retail investors.
The top three sectors retail investors entered in April were energy, industrials, and communication services.
Miller highlighted a similar basket of sectors for investors to consider in his recent Daily Check-In podcast
Miller said that the industrial, financial, energy, consumer discretionary, and materials sectors are all set for a strong performance while the rotation trade remains in play.
The VP highlighted the fact that the energy, materials, and industrials sectors make up just 14% of the S&P 500 while tech shares account for double that figure. That also doesn't take into account that Amazon, Tesla, Facebook, and Google aren't classified as tech stocks.
Miller said that the low market cap illustrates there is room to run in these sectors even after multiple months of the rotation trade.
When asked which sectors investors have been rotating into and should outperform moving forward, Miller said:
"It's clearly these commodity-sensitive areas of the market like energy and materials, these real economy areas such as industrials, and the reopening sector such as consumer discretionary and then lastly financials. Financials is one of those sectors that is classically considered value."
Miller also highlighted the growing effects of inflation on a basket of stocks and said his team is looking for "winners and losers there."
Looking forward, Miller said investors should consider the reopening trade for Europe and emerging markets and be aware of the effects of Biden's infrastructure spending and tax increases on American equities.


text:
ALSO READWatch the unboxing: Samsung Galaxy S8 and Galaxy S8+ launched in India Samsung Galaxy S8 & S8+ pre-registrations begin: First look of the devices Samsung Galaxy S8 to be unveiled today: All you should know about the phone Samsung to launch Galaxy S8 in India on April 19: Key facts to know Samsung Galaxy S8+ with 6GB RAM launched in India; priced at Rs 74,990
The English version of Bixby, an advanced voice recognition system that comes on the Galaxy S8 and its variant Galaxy S8 Plus, is likely to be launched in the US and taken to other English-speaking countries, Yonhap news agency reported.
Bixby boasts of "deep-learning" AI technology, allowing it to better communicate with users as it accumulates data.
Anyone who has either of Samsung's latest phones can apply through Samsung's US website.
Samsung had planned to launch the English version at the end of May but it was put off due to problems with language testing.
Similar to Apple's Siri, Bixby is the latest creation that Samsung banks on to reclaim its edge as the world's top smartphone maker after it suffered a blow to its sales and reputation due to the unsuccessful Galaxy Note 7 that had battery problems.


text:
Adidas, after working with Zound, will also be releasing two new models of its AM4s for a collaboration project with Marvel’s 80th anniversary. The sneakers are said to be designed by Joe Quesada -Marvels resident artist.
Just in time for the 2019 New York Comic Con that will run from October 3rd until the 6th, the new AM4s is set to be released on October 4th at a Foot Locker physical store, located at 34th St. Herald Square, as per Sneaker News.
The new Adidas collaboration sneakers will also be released online at FootLocker.com by October 18th.
Reportedly, the new Adidas x Marvel sneakers will be called the ‘Marvel 80 Vol. 1’ and the ‘Marvel 80 Vol. 2’ respectively. Each pair will be sold for $150.
The Marvel 80 Vol. 1 model has the Marvel logo imprinted on the toe box and the breadth of the anniversary is found on the heel.
The Marvel 80 Vol. 2 model has an all-over graphic style that gives emphasis to the rectangular stamps seen on the upper-left hand corner of Marvel comic books.
According to Hypebeast, Jo Quesada said that, “some of the true joys of my career at Marvel are all the unique opportunities that have come my way, things that I could never have anticipated being a part of like creating two different, exclusive sneaker designs for Adidas and Foot Locker celebrating Marvel’s 80th anniversary.”
“I had such a blast designing them and I hope Marvel and Adidas fans have as much fun wearing them,” Quesada continued.
Also, news of the US – China trade war affecting US consumers concerns Adidas CEO Kasper Rorsted.
“The much more serious concern is if the American consumer has less money to spend,” Rorsted told CNBC.
“If the average American customer has less money to spend, he or she will spend less money on all products, including ours,” Rorsted continued. “That’s the worrying one.”
Amidst the decline of global economic expansion, the Adidas CEO quipped that the company “saw very strong second-quarter growth in China.”