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It’s Time To Give NBA Franchises Some Breathing Room

March 22, 2023 by www.forbes.com

Share to Twitter Share to Linkedin The Denver Nuggets caught a lot of flack for losing four straight games to mediocre opponents a few weeks ago, with the discussion inevitably getting intertwined with the MVP candidacy of Nikola Jokić. What seems to be forgotten, however, was the fact that the Nuggets were just coming off eight wins in nine games, as well as the fact that the team isn't exactly in dire need of going all-out this late in the season. In fact, championship contenders - an umbrella the Nuggets fall in under - need to at some point cut corners for the sake of durability. The NBA Playoffs aren't over in mere days. It's a two-month competitive extravaganza where players often shut off communication with much of the outside world, and are rarely available for anything but traveling, practices, games, and mandatory media sessions. Asking teams - especially those that are locks to get into the postseason - to go hard in the late stages of the … [Read more...] about It’s Time To Give NBA Franchises Some Breathing Room

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How To Maximize Results At Your Next Healthcare Trade Show

March 22, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Jill Collins, CEO, Chief Strategy Officer, Audacity Health . The healthcare industry made a strong return to trade shows in 2022, and many companies are looking to make an even bigger splash this year. After all, according to recent survey results, 82% of marketing decision-makers plan to maintain or increase event spending in 2023. As the CEO of a healthcare and biotech branding agency, I understand that trade shows come at a significant financial and human resources cost . They also offer an unparalleled opportunity for companies to physically get in front of their target stakeholders. Trade shows will likely continue to be a staple of the healthcare industry, and organizations must ensure their budgets and resources are being spent on the right things to make the best return on their investment (ROI). To optimize your trade show results this year, here are some key tips to consider: Embrace … [Read more...] about How To Maximize Results At Your Next Healthcare Trade Show

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Philippines seen to triple Asian trade by 2030

March 23, 2023 by business.inquirer.net

MANILA  – Trade between the Philippines and 11 other Asian markets could triple by 2030, highlighting the potential of intra-regional trade, with the manufacturing sector seen driving the growth. This is according to a study by global shipping and logistics firm United Parcel Service (UPS), which surveyed in January to February last year 198 businesses located in and with trade interests across the 12 Asian markets. “For the Philippines, in particular, the country has an opportunity to build on rapid growth in the previous decade—particularly in the manufacturing sector—which could see trade with the Asia 12 more than triple from $113 billion in 2020 to $393 billion in 2030,” UPS said in a statement. The 12 Asian markets covered by the research titled “UPS Intra-Asia Study” are Australia, China, Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam. “There are also significant opportunities for Filipino businesses in areas such … [Read more...] about Philippines seen to triple Asian trade by 2030

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FedEx Corp Bottomed On September 27 And Is Now Trading Around Its Annual Pivot At $217.88. Here’s How To Trade It Now

March 22, 2023 by www.forbes.com

Share to Twitter Share to Linkedin FedEx FDX Corp (FDX) is trading around its annual pivot at $217.88 after trading as low as $141.92 on September 27, 2022. The stock had a golden cross formation on March 7, 2023, and reached its annual pivot at $217.88 on Friday, March 17, 2023. FDX has a positive but overbought weekly chart. FDX has a pe/e ratio of 10.80% and a dividend yield of 2.25%, according to Macrotrends. The package delivery company beat earnings-per-share estimates in its last two quarters after missing estimates in the prior three quarters. FedEx popped higher last Thursday on their better-then-expected earnings report. They hiked their forward guidance despite a challenging outlook for the US economy. Back on February 2, FDX announced additional job cuts, which was viewed as a positive for the stock. The daily chart for the FedEx Courtesy of MetaStock Xenith The daily chart for FedEx shows a huge decline from a high of … [Read more...] about FedEx Corp Bottomed On September 27 And Is Now Trading Around Its Annual Pivot At $217.88. Here’s How To Trade It Now

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GameStop Shares Skyrocket 50% In Extended Trading After Reporting Surprise Profit

March 21, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Topline Shares of beleaguered video game retailer GameStop soared more than 50% at times in extended trading Tuesday after the company reported its first quarterly profit in two years, surprising Wall Street analysts who had largely ignored the stock since it became the focal point of a meme-trading craze beginning in late 2020. Key Facts GameStop reported a net income of $48.2 million for the fourth quarter of 2022, after recording losses of $147.5 million during the same period a year earlier. The positive news sent the stock up some 49.6% in after-hours trading to $26.40 as of 6:20 p.m. Eastern time, after it rose 4.6% and closed at $17.65 while the market was open Tuesday. Net sales fell 1.2% to $2.23 billion, led by a 15% decline in software sales to $670.4 million, but there were encouraging signs elsewhere. Sales of physical collectibles—like toys and clothing—increased 12% to $313.2 … [Read more...] about GameStop Shares Skyrocket 50% In Extended Trading After Reporting Surprise Profit

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15 Tricks Of The Trade For Booking Speaking Gigs

March 22, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Securing a speaking gig at a large business conference can be a great opportunity for an up-and-coming leader. Delivering a speech or a presentation to others in your industry allows you to share your expertise and knowledge with a potentially wider, yet at the same time, more niche, highly relevant audience. However, the competition can be fierce, and the process of getting selected can be daunting. Here, members of Forbes Coaches Council share some strategies to help you increase your chances of being chosen to speak at a major conference. By following their advice below, you can position yourself as a leading authority in your industry, stand out from other potential guest speakers and get noticed by event organizers. 1. Search On LinkedIn To keep my calendar filled with speaking engagements, I perform a weekly search on LinkedIn using the hashtag #callforspeakers. First, I filter the results by “posts” and then by … [Read more...] about 15 Tricks Of The Trade For Booking Speaking Gigs

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Rep. Trone Offloaded Bank Bonds Worth Up To $1 Million In Weeks Before Banking Crisis

March 21, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Topline Rep. David Trone (D-Md.) sold between $450,007 and $1 million in bonds from major U.S. banks last month, shortly before the second- and third-largest bank failures in U.S. history stirred up turmoil in the nation’s banking sector, according to a new filing . Key Facts Trone sold the fixed income securities from Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo on February 16. That was roughly three weeks before confidence in the banking industry crashed as Silicon Valley Bank and Signature Bank failed and concerns mounted about how large banks’ involvement in the run largely targeting regional banks could spread the contagion. Trone—who sits on Congress’ joint economic committee and the House appropriations committee—has no added “insight into the financial markets” from his committee membership and the transactions were “unaffected by the stock market’s behavior” and the … [Read more...] about Rep. Trone Offloaded Bank Bonds Worth Up To $1 Million In Weeks Before Banking Crisis

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First Republic slumps after report of potential government backing in deal

March 22, 2023 by business.inquirer.net

A First Republic Bank branch is pictured in Midtown Manhattan in New York City, New York, U.S., March 13, 2023. REUTERS/Mike Segar/File photo Shares of First Republic Bank tumbled 14 percent in extended trade on Tuesday following a report that a potential deal for the troubled bank could rely on government backing to encourage buyers. The steep drop partially reversed the nearly 30 percent rally in the stock during regular trade. The government could play a role in taking out assets that have eroded First Republic’s balance sheet, Bloomberg reported, citing people with knowledge of discussions between Wall Street CEOs and U.S. officials. In addition, First Republic has tapped investment bank Lazard Ltd to help it explore strategic options, the Wall Street Journal reported, citing people familiar with the matter. First Republic declined to comment about the reports by Bloomberg and the Wall Street Journal. Potential government backing in a deal to save First National could … [Read more...] about First Republic slumps after report of potential government backing in deal

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Chip plants in China won’t be forced to shut if firms receive US funding, says S.Korea

March 22, 2023 by business.inquirer.net

Semiconductor chips are seen on a printed circuit board in this illustration picture taken Feb 17, 2023. REUTERS/Florence Lo/Illustration/File photo SEOUL  – South Korea’s trade ministry said on Wednesday that the United States’ proposed rules to prevent $52 billion in chip funding from being used by “countries of concern” will not force recipients to shut down their China factories. The U.S. Commerce Department on Tuesday proposed limits for recipients of U.S. chip manufacturing and research funding, including limits on investing in expansion in countries such as China and Russia. The world’s largest and second-largest memory-chip makers, Samsung Electronics and SK Hynix, have chip production facilities in China. Samsung is building a chip plant in Texas that could cost more than $25 billion, while SK Hynix parent SK Group announced last year plans to invest $15 billion in the U.S. chip industry. Both may apply for funding. The proposed rules for funding recipients limit … [Read more...] about Chip plants in China won’t be forced to shut if firms receive US funding, says S.Korea

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Dollar muted as traders await Fed rate decision

March 22, 2023 by business.inquirer.net

SINGAPORE  – The dollar was pinned near five-week lows on Wednesday ahead of the conclusion of the U.S. Federal Reserve’s policy meeting, with investors awaiting clarity on the path the central bank is likely to take in the wake of global banking turmoil. Investor attention is zeroed in on whether the Fed will stick to its hawkish path to fight sticky inflation or pause interest rate hikes given recent trouble among banks which has included bankruptcy and last-minute rescues. The U.S. dollar index, which measures the currency against six peers, was at 103.19, just above the five-week low of 102.99 touched overnight. The euro was at $1.0770, hovering around a five-week high of $1.0789 scaled overnight. Markets are now pricing in about a 15-percent chance of the Fed not increasing rates, with a roughly 85 percent chance of a 25 basis point hike, showed the CME FedWatch tool. Just a month earlier, the market was pricing in a 24- percent chance of a 50 basis point hike. Investor … [Read more...] about Dollar muted as traders await Fed rate decision

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