News

[ad_1] If you love Sorel Boots, this is a HOT deal! Amazon has these Sorel Women’s Joan of Arctic Wedge Boots for just $90 shipped right now! These are regularly $200 so this is a super hot deal. Hurry – this will sell out quickly. Sign up for a free trial of Amazon Prime to get guaranteed FREE two-day shipping (and possibly one-day or same-day shipping!). And don’t forget you can sign up for Swagbucks to earn free gift cards to use on deals on Amazon. Thanks, Midwest Money Saving Mommas! [ad_2] Source link

[ad_1] Airbus tells suppliers to plan for 18% output hike in 2022 – sources [ad_2] Source link

[ad_1] Using their three-factor stock filtration model, domestic brokerage firm ICICI Direct has arrived at two stocks that it believes have the potential to hand investors significant returns in the near term. [ad_2] Source link

[ad_1] The post AgileThought to Merge with SPAC LIV Capital appeared first on Millennial Money. Software development and IT operations (DevOps) have become increasingly important in the age of cloud computing and mobile devices, and helping organizations streamline those processes is where AgileThought comes in. The company is now merging with special purpose acquisition company (SPAC) LIV Capital Acquisition Corp (NASDAQ: LIVK) in a deal that values AgileThought at nearly $500 million. Here’s what tech investors need to know about AgileThought. A digital transformation consulting firm Founded in 2004, AgileThought is a consulting firm that specializes in helping enterprise customers implement digital transformations. The company was previously acquired by AN Global in 2019, and is now going public by merging with the SPAC.  AgileThought estimates that the total addressable market for digital transformation services is over $750 billion, which should provide a growth runway for years to come. The digital transformation market comprises over half of the global IT services market, and AgileThought is a pure-play provider that offers an end-to-end solution that can help customers scale quickly. Since AgileThought is relatively more mature, it has a meaningful existing revenue base of around $164 million in 2020, down from $210 million in 2019. Revenue had dipped last year due to the COVID-19 pandemic and related economic impacts, but sales are expected to rebound to $184 million in 2021. The company has over 2,200 total employees and expects to generate approximately $77,000 in revenue per billable employee this year. AgileThought has over 270 customers, with over 30 of those clients generating over $1 million in annual revenue. Around 85% of sales come from existing clients. Most of AgileThought’s customers are based in the United States, while the company also operates in Latin America. Roughly two-thirds of revenue this year will come from U.S. clients, with the remaining third being from Latin American customers. The company says it is positioned to source quality talent from Mexico, where the technology labor pool is growing rapidly. AgileThought is confident that it can execute on its revenue forecast since its sales pipeline has tripled over the past year and now sits at $351 million. Another way the company plans to support growth is through strategic acquisitions of complementary businesses. How the deal is structured The merger assigns AgileThought a post-money equity value of approximately $490 million. LIV Capital has roughly $81 million in cash held in its trust account, and the SPAC has lined up another $42.5 million in PIPE (private investment in public equity) financing.  That will provide the combined company with nearly $124 million in cash, although the bulk of that money ($97.4 million) will be used to pay down existing debt to a private lender. Only $18.7 million of the cash will make its way to AgileThought’s balance sheet after paying transaction fees. The transaction is expected to close in the third quarter and then the ticker symbol will change to “AGIL.” Pick Like A Pro The next blockbuster IPO? 2021 could be one of the biggest years for IPOs in stock market history. Yet, with just a small fraction of IPOs historically driving nearly all the profits, who will you trust to uncover the most innovative and high-upside IPOs in the coming months? There’s a company that “called” these businesses long before they hit it big. They first recommended Netflix in 2004 at $1.85 per share, Amazon in 2002 at $15.31 per share, and Apple back in the iPod Shuffle era at $4.97 per share. Take a look where they are now. That company: The Motley Fool. For people ready to make investing part of their strategy for financial freedom, take a look at The Motley Fool’s flagship investing service, Stock Advisor. They just announced their top 10 “best buys now” across the entire stock market. Whether you’re starting with $100, $500, or more, you should check out the full details. Click here to learn more The post AgileThought to Merge with SPAC LIV Capital appeared first on Millennial Money. [ad_2] Source link

[ad_1] Love Crocs? This is a hot deal on these popular shoes! Sierra is offering Crocs for the family as low as $12.99 right now! There are lots of styles included in this sale and everything is $19.99 and under. Shipping is free on orders over $89 when you use the promo code SHIP89 at checkout. Thanks, Free Stuff Finder! [ad_2] Source link

[ad_1] U.S. children ages 12 to 15 could begin COVID-19 vaccinations Thursday [ad_2] Source link

[ad_1] Sona BLW Precision Forging Limited is one of India’s leading automotive technology companies. [ad_2] Source link

[ad_1] The key to the U.S. getting back on track economically is for its citizens to freely walk the earth again without the existential threat of COVID-19. The U.S. is getting closer and closer to meeting that goal, while other countries are still trying to control the virus. Before the successful vaccination program, I targeted Aug. 31, 2021, as the launching point for when we can fully achieve this, with the mindset that all jobs lost to COVID would be back online by September 2022 or earlier. Despite the last sub-par jobs report, we are currently on track to satisfy that prediction as we should be able to walk the earth freely before the end of August. This is the furthest thing from a housing crash that we could expect. In February 2020, we had 152,523,000 nonfarm payroll workers, which isn’t all the workers in America, but most of them. Today, in May 2021, we have 144,308,000 nonfarm payroll folks working. In the previous expansion, which was the longest economic and job expansion in history, the  all-time high for job openings was 7,574,000. Today we have roughly 7,367,000 job openings and that number should get to 10 million by the end of this new expansion. As you can see with the chart below, not only has the housing data performed much better during this crisis, but job openings are roughly 5.5 million higher today than the worst levels of the great financial crisis. We do have a pathway to get back to the employment numbers we had in February 2020 prior to COVID-19, but until that happens (September 2022 or earlier) don’t expect the Federal Reserve to hike the federal funds rate anytime soon. We will most likely need to see the employment to population ratio for prime-age workers get back to 80% before that happens. That metric is currently at 76.9% and tends to be sticky. The rest of this content is for HW+ members. Join today with an HW+ Membership! Already a member? log in HW+ includes weekly long-form digital content, HousingWire Magazine, access to HousingStack, and free admission to all HousingWire virtual events. The post We’ve got rising home prices but no housing crash in sight appeared first on HousingWire. [ad_2] Source link

[ad_1] The post Hennessy Capital V Is Merging With Self-Driving Truck Startup Plus appeared first on Millennial Money. Special purpose acquisition company Hennessy Capital Investment Corp V (NASDAQ: HCIC) announced this week that it will be merging with Plus, a Silicon Valley startup that is working on self-driving truck technology. The company joins peer autonomous driving company TuSimple (NASDAQ: TSP), which went public with a traditional IPO last month. Here’s what you need to know about Plus. Driving to Level 4 Plus is developing Level 4 autonomous driving technology, which it hopes can revolutionize the long-haul trucking market. The company is primarily targeting the United States and China, where it estimates that the total market opportunity is over $1.2 trillion.  As a reminder, there are a total of 6 levels of autonomous driving, ranging from Level 0 to Level 5. Level 4 would automate driving so that the vehicle can drive itself under certain conditions and human intervention is not required. Plus uses a combination of radar, lidar, and cameras to power its PlusDrive technology. Autonomous and semi-autonomous driving technologies have considerable potential in long-haul trucking applications, since drivers often get tired during long trips, and Level 4 autonomous technology could help reduce costs while improving safety and reliability. Additionally, fleet operators could enjoy higher asset utilization from a self-driving vehicle that operates twice as many hours per day, doubling the amount of revenue each truck can generate. Plus plans to start mass producing its PlusDrive solution in 2021 through a partnership with FAW Group, a prominent manufacturer of heavy trucks in China. Plus also says it has a powerful data engine that can process real-world driving data to continuously improve the system’s algorithms, with upgrades deployed through over-the-air software updates. The company believes it can achieve full autonomy by the end of 2024 once it accumulates enough data for the technology to mature. The company expects to generate $16 million in revenue this year, with an ambitious forecast that calls for sales to soar to nearly $7.3 billion by 2025. That’s a bold target considering the uncertainties around developing the technology, as well as the complex regulatory landscape. The Plus Merger Details Hennessy Capital V has around $345 million in cash in its trust account, and the SPAC has secured another $150 million in PIPE (private investment in public equity) financing. That brings the total expected cash proceeds to nearly $500 million, assuming no redemptions by the SPAC’s public shareholders.  The transaction values Plus at $3.3 billion on a post-money equity basis, and prominent institutional investors participating in the PIPE include BlackRock (NYSE: BLK) and D. E. Shaw, among others. The SPAC’s public shareholders will end up owning 13% of the combined company, with the PIPE investors grabbing a 5% stake. Existing shareholders will retain the remaining 82% ownership. The deal is expected to close in the third quarter, at which point its ticker symbol will change to “PLAV.” You also check out our article on the Best Self-Driving Car Stocks. Pick Like A Pro Where to invest $500 right now Lots of new investors take chances on long shots instead of buying shares of great companies. I prefer businesses like Amazon, Netflix, and Apple — they’re all on my best stocks for beginners list. There’s a company that “called” these businesses long before they hit it big. They first recommended Netflix in 2004 at $1.85 per share, Amazon in 2002 at $15.31 per share, and Apple back in the iPod Shuffle era at $4.97 per share. Take a look where they are now. That company: The Motley Fool. For people ready to make investing part of their strategy for financial freedom, take a look at The Motley Fool’s flagship investing service, Stock Advisor. They just announced their top 10 “best buys now” across the entire stock market. Whether you’re starting with $100, $500, or more, you should check out the full details. Click here to learn more The post Hennessy Capital V Is Merging With Self-Driving Truck Startup Plus appeared first on Millennial Money. [ad_2] Source link

[ad_1] Did you hear the news?? My book, Love-Centered Parenting, is now available in audiobook form! I know many of you have been waiting for it to come out as an audio, so I wanted you to be the first to know! (Oh and yes, I narrated it — as many of you requested that I would! It was such a humbling experience to get to record these words for you all!) And right now, Christian Audio is celebrating the release by offering it for just $9.99!It’s also available on Audible + many libraries are offering it for free on Hoopla or Libby! P.S. There are now 240 reviews on Amazon! Here’s one of the latest reviews… [ad_2] Source link