Tag: Core

Training Is At Its Core

By Krista Glantschnig, VP, GTM, SAP Litmos

As we embark on this final quarter of 2020, there are countless lessons to be learned from one of the most tumultuous, trying, and troubled years of our lives – by anyone’s standards. There’s good reason to hope for a slow and steady recovery (economic, public health, global morale) through 2021, but in the meantime, gleaning some wisdom from the previous three quarters seems a worthy exercise.

2020 proved that business environments can change unexpectedly and are less in our control than we might like to think. 2020 rewrote the rules of the game, forcing all players to reinvent aspects of themselves and giving competitive advantages to those who adapted fastest. It also opened opportunities for brand new players who saw emerging market gaps and jumped in to fill them.

Even at the beginning of the COVID-19 crisis, companies started scrapping their 2020

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Cheap Core Investment ETFs to Diversify for the Long Term

As investors consider the political ramifications of the upcoming presidential election, exchange traded fund investors should be prepared for what the market implications may be of either outcome and what that could mean for investment portfolios.

In the recent webcast, An Election Playbook for Client Portfolios, Liz Young, Director of Market Strategy, BNY Mellon Investment Management; Chris Lucas, Director of Global Government Affairs, BNY Mellon; David Vandivier, Director of Global Government Affairs, BNY Mellon; and Stephanie M. Pierce, CEO of ETF, Index and Cash Investment Strategies, BNY Mellon Investment Management, warned that the coronavirus pandemic is far from over and remains a top risk in today’s market environment. While widespread lockdowns are unlikely, negative news updates will continue through the end of fall. Furthermore, BNY Mellon anticipated that expectations of an opposing party win could continue to cause market weakness ahead.

Overall, BNY Mellon argued that investors should not

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GP Strategies Announces Divestiture of IC Axon, Improved Liquidity and Increased Focus on Core Competencies

COLUMBIA, Md., Oct. 7, 2020 /PRNewswire/ — Global workforce transformation solutions provider GP Strategies Corporation (NYSE: GPX) today reported the completion of its divestiture of its IC Axon business division to CM Canada Acquisitions, Inc., a wholly-owned subsidiary of ClinicalMind, LLC,  a leading healthcare communications company. ClinicalMind paid GP Strategies approximately $28 million in cash for the business, subject to an adjustment based on the final determination of the business’s working capital as of closing, of which $1.5 million was placed into escrow for 12 months. Up to an additional $2 million of consideration may be paid to GP Strategies if IC Axon achieves certain revenue objectives for calendar year 2020. The acquired IC Axon business has trailing twelve-month revenue of approximately $12.5 million as of June 30, 2020.

“Our sales of assets in the last year have improved our liquidity and focused our efforts toward our largest

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Venmo’s new credit card is set to garner spend among core audience

  • Venmo’s new Synchrony-issued credit card is beginning a limited rollout.
  • The card is likely set to garner spend among Venmo’s core audience, in turn driving engagement for the firm and volume for Synchrony.

The card, which will be issued by Synchrony Financial and Visa-branded, will be made available to a targeted group of users who can apply within the Venmo app this year, before a broader rollout in 2021.

US venmo users and volume

Venmo’s new Synchrony-issued credit card is beginning a limited rollout.

Business Insider Intelligence

Approved users will receive both a virtual card number and physical companion card that is contactless-enabled and printed with their unique Venmo QR code. The card most notably boosts a tiered cash-back system that offers customers between 1% and 3% in eight categories. Customers’ 3% category will be determined in real time based on where they spend most, with the 2% being their second-top category, and 1% for

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David Ross never lost faith in the Cubs’ core players. As they embark on what might be a last hurrah, ‘I still have to trust in that group.’

Even in the gloomiest of times, Chicago Cubs manager David Ross didn’t completely abandon embattled closer Craig Kimbrel.

a baseball player holding a bat in front of a crowd: Chicago Cubs manager David Ross has a laugh in the dugout before a game against the Chicago White Sox at Guaranteed Rate Field on Saturday, Sept. 26, 2020.

© Chris Sweda / Chicago Tribune/Chicago Tribune/TNS
Chicago Cubs manager David Ross has a laugh in the dugout before a game against the Chicago White Sox at Guaranteed Rate Field on Saturday, Sept. 26, 2020.

And despite a miserable performance by the offense this season, Ross never made sudden and radical changes to the lineup.

Ross’ loyalty will be put to the test, as will the legacy of the core group largely responsible for the 2016 World Series title, when the Cubs open their best-of-three National League wild-card series Wednesday at Wrigley Field against a young and relentless Miami Marlins team.

“Anything can happen in a short series,” said Ross, who admitted to feeling butterflies Monday night, “but I’m going to continue to rely on these guys that have gotten us to

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U.S. core capital goods orders beat expectations; business investment rebounding

By Lucia Mutikani

WASHINGTON (Reuters) – New orders for key U.S.-made capital goods increased more than expected in August and demand for the prior month was stronger than previously estimated, suggesting a rebound in business spending on equipment was underway after a prolonged slump.

The upbeat report from the Commerce Department on Friday, however, did not change views that the economy’s recovery from the COVID-19 recession was slowing as government money to help businesses and tens of millions of unemployed Americans runs out. New coronavirus cases are rising in some parts of the country. That could crimp consumer spending, with retail sales already slowing.

Federal Reserve Chair Jerome Powell this week stressed the need for more fiscal stimulus, telling lawmakers on Thursday that it could make the difference between continued recovery and a much slower economic slog. Another rescue package appears unlikely before the Nov. 3 presidential election.

Orders for

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Concerned Australis Shareholders Outline Strategy to Grow Core Cannabis Business and Preserve Shareholder Value

   Concerned Australis Shareholders Outline Strategy to Grow Core Cannabis
                   Business and Preserve Shareholder Value

  Canada NewsWire

  TORONTO, Sept. 24, 2020

  * Australis shareholders who are supportive of Board change are encouraged
    to contact Laurel Hill Advisory Group at 1-877-452-7184, or
    [email protected]  to register their support.

TORONTO, Sept. 24, 2020 /CNW/ - Terry Booth, Lola Ventures Inc., Roger Sykes,
1703469 Alberta Ltd., Duke Fu, Green Therapeutics LLC and Jason Dyck (the "
Concerned Shareholders ") each of whom is a shareholder of Australis Capital
Inc. (" A ustralis " or the " Company ") (CSE: AUSA) are pleased to outline
their strategy to return Australis to its cannabis roots and preserve
shareholder value. 

The mandate of Australis has always been the pursuit of cannabis opportunities
in the United States. However, Australis has lost its way under the misguided
stewardship of the current board of directors (the " Incumbent Board ") and
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Poralu Marine revolutionizes its core business and launches “Marina Management & Consulting”

In the 21st century where traditional land planning methods are running out of steam, designing sustainable projects for maritime shorelines and nautical spaces that serve multiple purposes is becoming a priority for local communities. It is in this context that Poralu Marine, the world leader in the construction of aluminum marinas, is making a significant shift and launching “Marina Management & Consulting” (MM&C), a revolution in its market.

MM&C – A new vision of tomorrow’s marina, shattering traditional business models

Today, Poralu Marine is using its 35 years of experience in designing marinas to break away from traditional business models, which focus solely on the leisure aspects of a marina. By moving from manufacturer to manager, operator, and investor, the world leader is responding to strong market demand and revolutionizing its core business. The company is the first in the world to offer such a complete and tailor-made solution while

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Buy Dillard’s Stock, But Not For The Core Business (NYSE:DDS)

As the COVID-19 pandemic began to sweep across the U.S. earlier this year, I warned investors to avoid Dillard’s (DDS) stock. The pandemic peaked at the worst possible moment for Dillard’s, as the company has earned the majority of its annual profits in the first fiscal quarter in recent years. Furthermore, with a less-developed e-commerce business than its biggest rivals, Dillard’s was poorly positioned to offset lost in-store sales with online growth.

The department store chain’s first quarter performance was as bad as expected. However, the company did a remarkable job of clearing out seasonal inventory proactively in the early days of the pandemic, enabling it to improve its Q2 profit margin modestly on a year-over-year basis.

By quickly stemming its pandemic-related losses, Dillard’s ensured that its asset value remains intact. With Dillard’s stock trading well below book value and management continuing to buy back shares during the pandemic, the

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