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Zoom Raised $1.75B. Morgan Stanley Says the Street Is Too Bearish.

Dreamstime Zoom Video Communications shares are on the mend after the company priced an offering of 5.15 million shares at $340 each, generating proceeds of $1.75 billion before expenses. That is a little larger than the $1.5 billion originally targeted. The offering will nearly double the company’s holdings in cash and marketable securities, which stood at $1.87 billion as of the end of the October quarter. Zoom (ticker: ZM) has no long-term debt. Stifel analyst Tom Roderi...
Tom Roderick Ericj Savitz Meta Marshall Morgan Stanley Video Communications Zoom Phone

Petersburg School Board to hear budget revisions at next meeting

Petersburg School Board to hear budget revisions at next meeting Posted by Angela Denning | Jan 11, 2021 Petersburg School District Finance Director, Karen Morrison, was named 2020-2021 Business Official of the Year by the Alaska Association of School Business Officials. (Photo courtesy of Karen Morrison) The Petersburg School Board is meeting Tuesday night to vote on opening negotiations with the teacher’s union, Associated Teachers of Petersburg. The union has requested opening negotiations...
United States Sankt Peterburg Rick Dormer Karen Morrison Samantha Marifern Petersburg School Board
Source: kfsk.org

Zoom Is Selling $1.5 Billion of Stock. Its Shares Are Down 40% Since October.

Microsoft (MSFT), as well as worries about how much the company’s growth will slow as the economy reopens. During the pandemic, at least, Zoom has continued to produce spectacular growth—for the fiscal third quarter ended Oct. 31, it posted revenue of $777.2 million, up 367% from a year ago. For the fiscal fourth quarter ending in January, Zoom is projecting revenue of $806 million to $811 million, with non-GAAP profits of 77 to 79 cents per share. Wall Street consensus calls for $81...
Ericj Savitz Video Communications On Video Communications Cisco Systems Zoom Phone Crude Oil Natural Gas Upstream Operations

Remembering the Holocaust 80 Years After

Fosters Daily Democrat DOVER — The Holocaust is one of the most studied topics in history and still leaves people wondering how something so horrific could have taken place. Presenter Mick Grzonka hopes to provide some answers in his virtual presentation: “The Duty to Remember – But What? Holocaust 80 Years After” at the Dover Public Library on Wednesday, Jan. 27 at 6:30 p.m. The event is sponsored by the library and its Friends group. The carefully researched lecture will provide some ...
New Hampshire United States Mick Grzonka Martin Luther Dover Public Library On Dover Public Library

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Pipeline Reconnected Channel Conference 2020

all of Australia.  Don’t worry though; we will be bringing you more of our industry-leading events as soon as circumstances allow, starting with a tour of Melbourne, Sydney and Brisbane in early 2021.  But for now, in a new twist on traditional channel conference related content, we are taking more of a technical and customer-minded approach. While a CIO-style conversation has value, a new era of engagement requires a new kind of approach.  Over the next sixteen weeks we will ...
New South Wales Kevin Bloch Paul Fletcher Channel Conference Federal Minister Cyber Safety
Source: crn.com.au

Winona County Board puts its jail plans on pause

Winona County Board puts its jail plans on pause After hearing a parade of comments about not building a 78- or 98-bed jail, commissioners will discuss changing the jail plans at their Dec. 21 meeting. 2:30 pm, Dec. 11, 2020 × The U.S. Army Corps of Engineers stores dredge material at a temporary site near Homer, red outlined section. The Corps asked for a interim use permit to move that dredge material about 4 miles up Winona County Road 15 to a quarry site. (Courtesy Wi...
United States Winona County Paul Machajewski Marie Kovecsi Steve Jacob Corp St

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