Columbus lending – Columbus Chamber http://columbus-chamber.org/ Sun, 16 May 2021 05:31:17 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://columbus-chamber.org/wp-content/uploads/2021/05/cropped-icon-32x32.png Columbus lending – Columbus Chamber http://columbus-chamber.org/ 32 32 Few Famous People in America: Ted Turner | People https://columbus-chamber.org/few-famous-people-in-america-ted-turner-people/ https://columbus-chamber.org/few-famous-people-in-america-ted-turner-people/#respond Sat, 15 May 2021 10:00:00 +0000 https://columbus-chamber.org/few-famous-people-in-america-ted-turner-people/ In 1976, Turner bought the Atlanta Braves baseball team, and in 1977 he bought the Atlanta Hawks basketball team. Turner’s motive in purchasing these organizations was to provide programming for his WTBS radio station. Through his shows, he was able to make The Braves a household name even before the team’s success in the 1990s […]]]>


In 1976, Turner bought the Atlanta Braves baseball team, and in 1977 he bought the Atlanta Hawks basketball team. Turner’s motive in purchasing these organizations was to provide programming for his WTBS radio station. Through his shows, he was able to make The Braves a household name even before the team’s success in the 1990s and early 2000s.

Few famous people in America: Marton Thomas Manton

In 1978, Turner planned to create a 24-hour news channel. He sold a number of radio stations to fund the creation of CNN. As we all know today, Turner once again succeeded in this endeavor.

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Additionally, in 1988, Turner’s Network Television (TNT) only televised older movies and TV shows. Turner would later create Turner Classic Movies (TCM) in 1994.

On May 11, 1977, with the Braves mired in a 16-game losing streak, Turner sent manager Dave Bristol on a 10-day “reconnaissance trip” and Turner himself took over as interim manager – the first owner / manager of the majors since Connie Mack.

It was only after one game that the National League president ordered Turner to step down and appoint a manager for the team.

In the mid-1980s, Turner began leaving day-to-day operations to the baseball operations staff, and in 1995 the team won the World Series.

The Atlanta Braves have been sold and are now owned by Liberty Media.



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First – Consensus points to a potential rise of 11.3% https://columbus-chamber.org/first-consensus-points-to-a-potential-rise-of-11-3/ https://columbus-chamber.org/first-consensus-points-to-a-potential-rise-of-11-3/#respond Wed, 05 May 2021 11:30:24 +0000 https://columbus-chamber.org/first-consensus-points-to-a-potential-rise-of-11-3/ First found using the ticker (FCF) now have 5 analysts covering the stock with consensus suggesting a “Hold” rating. The target price is between 18 and 16 and has an average target of 16.5. With the stock’s previous close at 14.83, this would indicate that there is a potential upside of 11.3%. The 50 day […]]]>

First found using the ticker (FCF) now have 5 analysts covering the stock with consensus suggesting a “Hold” rating. The target price is between 18 and 16 and has an average target of 16.5. With the stock’s previous close at 14.83, this would indicate that there is a potential upside of 11.3%. The 50 day MA is 14.44 and the 200 day MA is 12.15. The company’s market capitalization is $ 1,448 million. You can visit the company’s website by visiting: http://www.fcbanking.com

First Commonwealth Financial Corporation, a financial holding company, provides various banking services to individuals and businesses in the United States. Its consumer services include personal chequing accounts, interest-bearing chequing accounts, health savings and savings accounts, insured money market accounts, debit cards, investment certificates, cash certificates. fixed and variable rate deposit, mortgages, secured and unsecured installment loans, construction and home loans, safes, credit cards, lines of credit with overdraft protection, IRA accounts and ATM services (ATM), as well as Internet, mobile and telephone banking services. The Company’s commercial banking services include commercial loans, commercial checking accounts, online account management services, payroll direct deposits, commercial cash management services and repurchase agreements, as well as ACH origination services. It also offers various trust and asset management services; auto, home and business insurance, as well as term life insurance; and annuity, mutual fund, and stock and bond brokerage services through brokerage and insurance brokers. As of December 31, 2020, the company operated 120 community banking offices in western and central Pennsylvania, as well as northeast, central and southwestern Ohio; corporate banking centers in Pittsburgh, Pennsylvania, as well as Columbus, Canton and Cleveland, Ohio; mortgage bank offices in Wexford, Pa., and Hudson, Westlake, as well as Lewis Center, Ohio; and 139 ATMs. The First Commonwealth Financial Corporation was founded in 1934 and is headquartered in Indiana, Pennsylvania.

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Ohio State Senator Announces Offer for Mayor of Cleveland | National policy https://columbus-chamber.org/ohio-state-senator-announces-offer-for-mayor-of-cleveland-national-policy/ https://columbus-chamber.org/ohio-state-senator-announces-offer-for-mayor-of-cleveland-national-policy/#respond Mon, 03 May 2021 19:37:26 +0000 https://columbus-chamber.org/ohio-state-senator-announces-offer-for-mayor-of-cleveland-national-policy/ CLEVELAND (AP) – An Ohio state senator hopes to become the first black woman elected mayor of Cleveland. Sandra Williams, a Democrat from Cleveland, announced her candidacy on Monday. She joins Cleveland City Council Chairman Kevin Kelley, former City Councilor Zack Reed and nonprofit executive Justin Bibb as other prominent candidates vying to succeed Frank […]]]>


CLEVELAND (AP) – An Ohio state senator hopes to become the first black woman elected mayor of Cleveland.

Sandra Williams, a Democrat from Cleveland, announced her candidacy on Monday. She joins Cleveland City Council Chairman Kevin Kelley, former City Councilor Zack Reed and nonprofit executive Justin Bibb as other prominent candidates vying to succeed Frank Jackson.

Jackson has yet to announce his intentions. But it is widely accepted that he will not be running for an unprecedented fifth four-year term.

The top two voters in a non-partisan primary in September will face off in the November 2 general election in the heavily Democratic city.

“I have been tested. I delivered. And I have a vision for our future, ”Williams said in a statement. “I see a city of opportunity where economic, racial and gender inequalities are extinguished, where a good education is within the reach of every student; and where fear and crime have fallen. “

Williams, 52, came under scrutiny last year as the sole Democratic cosponsor of a corrupt nuclear power plant rescue bill and for accepting $ 12,000 in contributions from FirstEnergy Corp ., which authorities say secretly funded a $ 60 million corruption scheme to get the legislation approved.

The nuclear power plant subsidies approved in 2019 have since been repealed.



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Eli Broad, billionaire entrepreneur who reshaped LA, dies https://columbus-chamber.org/eli-broad-billionaire-entrepreneur-who-reshaped-la-dies/ https://columbus-chamber.org/eli-broad-billionaire-entrepreneur-who-reshaped-la-dies/#respond Sat, 01 May 2021 20:07:00 +0000 https://columbus-chamber.org/eli-broad-billionaire-entrepreneur-who-reshaped-la-dies/ FILE – In this September 16, 2015 file photo, Eli Broad poses for a photo at his museum, “The Broad,” in downtown Los Angeles. Eli Broad, billionaire philanthropist, contemporary art collector and entrepreneur who co-founded homebuilding pioneer Kaufman and Broad Inc. and launched financial services giant SunAmerica Inc., died on Friday, April 30, 2021 in […]]]>

FILE - In this file photo from September 16, 2015, Eli Broad poses for a photo in his museum, "The wide" in downtown Los Angeles.  Eli Broad, billionaire philanthropist, contemporary art collector and entrepreneur who co-founded homebuilding pioneer Kaufman and Broad Inc. and launched financial services giant SunAmerica Inc., died on Friday, April 30, 2021 in Los Angeles.  He was 87 years old.  (AP Photo / Richard Vogel, file)

FILE – In this September 16, 2015 file photo, Eli Broad poses for a photo at his museum, “The Broad,” in downtown Los Angeles. Eli Broad, billionaire philanthropist, contemporary art collector and entrepreneur who co-founded homebuilding pioneer Kaufman and Broad Inc. and launched financial services giant SunAmerica Inc., died on Friday, April 30, 2021 in Los Angeles. He was 87 years old. (AP Photo / Richard Vogel, file)

AP

Eli Broad, billionaire philanthropist, contemporary art collector and entrepreneur who co-founded homebuilding pioneer Kaufman and Broad Inc. and started financial services giant SunAmerica Inc., died in Los Angeles on Friday. He was 87 years old.

Suzi Emmerling, spokesperson for the Eli and Edythe Broad Foundation, confirmed her death to The Associated Press. Emmerling said Broad died at Cedars-Sinai Medical Center after a long illness. No service was announced.

The New York Times reported his death for the first time.

“As a businessman Eli saw the corners, as a philanthropist he saw the world’s problems and tried to solve them, as a citizen he saw the possibility in our common community, and as a that husband, father and friend, he saw the potential of each of us, ”said Gerun Riley, president of the Eli and Edythe Broad Foundation on Friday.

It was Broad (pronounced brohd) who provided much of the money and willpower used to reshape the once moribund downtown Los Angeles into a booming area of ​​expensive lofts, fancy dining establishments. and civic structures like the famous Walt Disney Concert Hall. He opened his own eponymous contemporary art museum and art lending library, the Broad, in 2015 in the city’s downtown area, next to Disney Hall.

“Eli Broad, in simple terms, was Los Angeles’ most influential private citizen of his generation,” Los Angeles Mayor Eric Garcetti said on Twitter. “He loved this city as deeply as anyone I have ever known.”

As a young accountant in the 1950s, Broad saw opportunities in the booming real estate market. He quit his job and partnered with developer Donald Kaufman and began building starter homes for first-time buyers keen to claim their share of the American Dream. The company eventually became KB Home, one of the country’s most successful real estate developers.

Almost 30 years later, Broad spotted a new opportunity and transformed the company’s insurance arm into a retirement savings conglomerate that served the financial needs of aging baby boomers.

In the process, Broad has become one of the richest men in the country, with a financial net worth estimated by Forbes magazine on Friday at $ 6.9 billion.

He also gained a reputation as a motivated and tenacious trader.

“If you play it safe all the time, you’re not getting very far,” Broad told Investor’s Business Daily in 2005.

Outside of work, Broad has used his wealth and status to carry out civic, educational, scientific, and cultural improvement projects, especially in Los Angeles. The New York native had moved to the Tony Brentwood section of the city in 1963. His charitable foundations have donated millions of dollars to such projects, especially those aimed at improving public education, and have created endowments in several universities across the country.

In the 1990s, Broad led the campaign to help raise funds to build the Walt Disney Concert Hall designed by Frank Gehry and was a major supporter of the Museum of Contemporary Art in Los Angeles, among other institutions. An avid art lover since the 1960s, Broad had a collection estimated at $ 500 million in 2003.

In 1984, he established the Broad Art Foundation to loan works from his collection for public viewing.

A decade later, he bought Roy Lichtenstein’s “I … I’m Sorry” for $ 2.5 million at a credit card auction and donated the over 2 million points. of loyalty he has accumulated to the students of the California Institute for the Arts. In 2008, with its money, the Los Angeles County Museum of Art opened its new Broad Contemporary Art Museum, which features works from Broad’s collection.

Broad also wielded considerable political power. A Democrat, he led the campaign to attract the party’s national convention in 2000 in Los Angeles. However, he broke away from his party at times, most notably in 1972 when, disappointed with Senator George McGovern’s campaign, he served as Democrats’ co-chair for Nixon.

Years after Nixon resigned the disgraced presidency, Broad told Los Angeles Magazine that his efforts on behalf of Nixon were something that “I hate to admit.” But it wasn’t the last time he backed a Republican. He also supported his close friend, former Los Angeles Mayor Richard Riordan, with whom he shared a common vision for public school reform.

House Speaker Nancy Pelosi (D-California) praised Broad and his wife, Edythe, for their philanthropic efforts.

“Their leadership in supporting our schools, advancing scientific and medical research and ensuring that all have access to the arts leaves a lasting and remarkable legacy,” Pelosi said in a statement. “Our entire nation is especially indebted to the Broads for their commitment to supporting the arts, which they knew to be a vital and unifying force in the world.”

The son of Lithuanian immigrants, Broad was born June 6, 1933 in New York City but raised in Detroit. Her father was a house painter and a small business owner.

Broad received his undergraduate degree from Michigan State University in 1954. In 1991, he endowed the university’s Eli Broad College of Business and Eli Broad Graduate School of Management.

At 20, he passed the Michigan Certified Public Accountant exam, becoming the youngest at the time to do so. The following year he married his hometown girlfriend Edythe. The couple had two sons, Jeffrey and Gary. His wife and sons survive him, according to The Eli and Edythe Broad Foundation.

Eager to quit school and start his career, Broad began working for several clients, including Kaufman. Soon Broad took note of the real estate market and began to study the field, read industry reviews, and use his accounting skills to analyze the business. He gradually became convinced that there was money to be made.

In 1957, at the age of 23, he went into business with Kaufman, selling homes in suburban Detroit. The first homes sold for around $ 12,000, or about 10% less than the competition, as they were built without the usual basements and in about half the time.

Kaufman and Broad took their approach to the West, first to Arizona and then to California. They moved the company’s headquarters to Los Angeles in 1963, two years after it became the first automaker to go public.

In 1971, Broad bought an insurance company to protect against boom and bust cycles in the real estate market. As he had done before venturing into real estate, Broad began researching the insurance market and saw financial planning for retirees as a better business. He began to shift the focus of the branch towards selling annuities and other retirement savings products.

The company was renamed SunAmerica in 1989, with Broad as president and chief executive officer. In 1998, New York-based American International Group acquired SunAmerica for $ 16.5 billion.

Two years later, Broad resigned as chief, but retained the title of president.

“I’ll do the things I love to do and the things I could be most valuable with rather than doing everyday things,” Broad told The Associated Press at the time. “I love working. Right now I’m probably working 80 hours a week. … I can still see myself working almost 40 hours at SunAmerica / AIG and maybe 40 hours in other fields.”

In recent years, Broad has spent much of his time engaging in philanthropic work through his foundations, advocating for public education reform, promoting the renaissance of downtown Los Angeles as a center. commercial and residential and other causes.

In 1999, the Broads founded the Broad Foundation, which committed over $ 500 million to improve urban public education in its first five years.

Broad took a CEO approach, believing that struggling schools could often be significantly improved if they were better managed by their principals.

“These are huge businesses,” Broad said of urban school districts in an interview with Forbes magazine in 2003. “You don’t start from the bottom. You start at the top. ”

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Most underrated Gators rookies; TJ Shanahan; predict UF draw class https://columbus-chamber.org/most-underrated-gators-rookies-tj-shanahan-predict-uf-draw-class/ https://columbus-chamber.org/most-underrated-gators-rookies-tj-shanahan-predict-uf-draw-class/#respond Sat, 01 May 2021 19:08:09 +0000 https://columbus-chamber.org/most-underrated-gators-rookies-tj-shanahan-predict-uf-draw-class/ Presented by JFQ Loans, GatorsTerritory preparing another round table of our team of writers. We share our pick for Florida’s most underrated draft prospect, discuss Gators chances with 2023 offensive lineman TJ Shanahan and predict the number of UF players selected in the NFL Draft. Is TJ Slaton Florida’s most underrated NFL Draft prospect? Bender: […]]]>


Presented by JFQ Loans, GatorsTerritory preparing another round table of our team of writers.

We share our pick for Florida’s most underrated draft prospect, discuss Gators chances with 2023 offensive lineman TJ Shanahan and predict the number of UF players selected in the NFL Draft.

Is TJ Slaton Florida’s most underrated NFL Draft prospect?

Bender: While Slaton doesn’t get the credit he deserves, I still believe wide receiver Trevon Grimes is the most overlooked player in UF’s draft class. Former five-star leads exhibit an intriguing combination of size, speed, and fluidity and are far from a finished product.

When dissecting the Grimes movie, the only part of his game that catches my attention is his ability to show off the ball. He does a good job of timing his jump and making full use of his size advantage over most defensive backs. His game really started to take shape in the second half of last season, so when you combine his size and speed with the potential he still has, it’s not hard to see why I have him. chosen for this topic. He will provide great value on day three of the NFL Draft.

Clarke: I think TJ Slaton is a little underrated, but I don’t think he’s the Gators’ most overlooked prospect. I should go with Stone Forsythe for this designation. He’s a player who had a great year but who hasn’t really been talked about much. He’s not going to wow teams with tests and athletics, but he does his job and does it well.

There were rumors going around that some teams liked him enough to take him to day two, but most of what I saw happened around the fourth and fifth rounds. I really believe he could have been caught at the end of the second or the start of the third because he’s just a solid player doing his job well.

Will the Gators eventually run into Rivals100 offensive lineman TJ Shanahan?

Bender: If I had answered this question a month ago, my answer would have been yes, but my gut tells me that Shanahan will be heading out of state for college; however, it is extremely close for me and that is why we thought it would be a great topic to discuss.

Keep an eye out for the state of Ohio. It’s a school Shanahan wants to visit several times over the summer, while several Columbus staff are already heavily involved, including head coach Ryan Day. His father played for the Arizona Wildcats and there is strong interest in several other Pac-12 schools including USC, Oregon and Stanford. Miami, LSU and Alabama are also expected to receive summer visits.

To be honest, I’m pretty torn over recruiting Shanahan. Florida was his first major bid and there’s no doubt he’s keenly interested in the program. John Hevesy hits all the right buttons early on, while Shanahan’s cousin is NFL free agent and former UF offensive lineman Jon Halapio. I’m leaning in to have Shanahan leave Sunshine State for college, but UF also ticks a number of boxes. This one will be near.

Clarke: While Florida has struggled to land top notch offensive prospects in the past, I think they will be able to close the deal with TJ. They were the first Power Five program to offer over a year ago and continue to make it a priority as conversations with Dan Mullen and John Hevesy are constantly ongoing.

Shanahan also lives just two hours from Gainesville and said he has several UF posters in his room. He also has a family connection to Florida, his cousin being former Gators offensive lineman Jon Halapio. I just think there are too many factors working in the Gators’ favor, and that’s why I expect TJ to sign with Florida.

How many Florida players will be selected in the NFL Draft?

Bender: Three are already off the board, as Kyle Pitts, Kadarius Toney and Kyle Trask were selected in the first three rounds, as expected. Offensive tackle Stone Forsythe is due to be selected before the day is out, while wide receiver Trevon Grimes and defensive tackle TJ Slaton are also expected to hear their names called out today. That puts the number at six, but after putting in an eye-opening professional performance, you’re also keeping a close eye on cornerback Marco Wilson.

That being said, I imagine seven UF players are in the process of being drafted when all is said and done. Safety Shawn Davis is also a possible late pick, but his inability to complete his professional day has certainly hampered those projections.

Clarke: I think the Gators will have 8-9 players selected in the draft. Obviously Kyle Pitts’ big three, Kyle Trask and Kadarius Toney were selected in the first three rounds, but I think Florida got a few guys to help out on the pro day, while others didn’t. have not improved their chances of being selected.

Trevon Grimes, Marco Wilson, Brett Heggie, TJ Slaton and Stone Forsythe are all guys who I think got drafted, Wilson being one of those players who really helped his draft supply on Florida Pro Day. I’m still in the air on Shawn Davis because his tape is inconsistent and he couldn’t finish his professional day, but I still think there is a possibility he might be drafted late.



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OHIO Medical and Nursing Students Fight COVID by Administering Vaccines to Peers, Community https://columbus-chamber.org/ohio-medical-and-nursing-students-fight-covid-by-administering-vaccines-to-peers-community/ https://columbus-chamber.org/ohio-medical-and-nursing-students-fight-covid-by-administering-vaccines-to-peers-community/#respond Thu, 29 Apr 2021 16:51:24 +0000 https://columbus-chamber.org/ohio-medical-and-nursing-students-fight-covid-by-administering-vaccines-to-peers-community/ Ohio University student Simar Kalkat gets vaccinated against COVID at Heritage Hall on the Athens campus of Ohio University. Ohio University medical and nursing students gained first-hand clinical experience while battling COVID by administering vaccines at OHIO’s Heritage Hall Vaccination Clinic to fellow students and the community. “It’s so exciting to have the opportunity for […]]]>


Ohio University medical and nursing students gained first-hand clinical experience while battling COVID by administering vaccines at OHIO’s Heritage Hall Vaccination Clinic to fellow students and the community.

“It’s so exciting to have the opportunity for Heritage College students to partner with their colleagues in the OHIO Nursing Program to give back to our community by helping with immunization efforts,” DONE said. “Not only is it a chance for students to directly provide care and to have an impact on the health of county residents, it is also an opportunity for interprofessional teamwork and a means for the University. from Ohio to support the incredible and dedicated team in the City of Athens. -County Department of Health. “

To attract student volunteers, Heritage College and the College of Health Sciences and Professions (CHSP) reached out to medical and nursing students who would be interested in distributing the vaccine and helping the OHIO community. Those interested then received online modules for training and an in-person session on the steps for delivering a shot, as well as entering it into the online system.

Many medical and nursing students have expressed an interest in volunteering for this historic event, so students work different shifts each day at the clinic.

“Distributing the vaccine has been extremely rewarding and exciting as a medical student,” said Kiran Philoria, a first-year medical student at Heritage College. “Being in a hybrid model last year, it was great to go out and get real-time clinical experience. It has been great to see people of all ages getting vaccinated, hopefully for a healthier community for all. Under the supervision of the nursing staff and the Department of Health of the City of Athens, I and many of my peers learned a lot about vaccines, technique and public health.

Philoria, from Columbus, added that the experience was incredibly immersive from a student perspective and heartwarming from a community perspective.

The clinics operated five days a week, with OHIO students able to receive their vaccine on Mondays, Wednesdays and Fridays and the community clinic available on Tuesdays and Thursdays.

Other students from CHSP, Heritage College, and the College of Arts and Sciences also volunteered their efforts in a non-clinical manner, serving as support for the Heritage Hall Vaccination Clinic by managing registrations, temperature checks and providing a on-site support. .

“I am grateful to the nursing program for giving me the opportunity to take on the position I am in today – giving the vaccine to my peers and the community,” said Andrew Bruno, a student. fourth year in nursing at CHSP. “I feel honored to be able to help, learn and actively practice what I am taught in the classroom. It is especially gratifying to be able to help our fellow students and those who are coming to college for the first time and who missed the course of the past year due to COVID. Being able to give them the vaccine and take a step towards immunity and normality in the herd was amazing.

All of the student volunteers worked side by side with the leaders and nurses of the City of Athens Department of Health (ACCHD), learning from them and lending a helping hand to those who have served the community since. the start of the pandemic.

“This immunization clinic has been a phenomenal partnership, where the borders of all of our organizations have collapsed for the pure good, trying to eradicate this global pandemic,” said Ken Johnson, DO, chief medical officer of the OHIO and Executive Director of Heritage College.

According to ACCHD, as of April 27, 36.04% of Athens County had received at least one dose of the vaccine. Overall, 10,449 first doses and 7,496 second doses of COVID-19 vaccines were distributed, with the majority of these doses being administered at Heritage Hall. To find immunization data related to Athens County, people can Ohio Department of Health Immunization Dashboard.

“At CHSP, our commitment to serving health is rooted in everything we do. Since January, our students, faculty and staff have volunteered their time and expertise to support OHIO’s collaborative community immunization effort, ”said CHSP Acting Dean John McCarthy, Ph.D. “Our nursing school has done a fantastic job preparing and enabling our students to play a vital role in OHIO’s student immunization efforts, and we are proud to have such a positive impact in this historic effort. public health.

Since the first vaccination clinic in January, the CHSP has provided more than 120 volunteers, clinical and non-clinical, with nursing professors and students who joined in mid-February. About 10 different nursing students were on site each day depending on their clinical group.

“The partnership with Ohio University has been critical to the success of the ACCHD immunization distribution plan,” said Ruth Dudding, director of community health and engagement at ACCHD. “We could not have achieved this success with the current distribution schedule without the help of students, faculty and nurses at OUHCOM, as well as help from staff at OhioHealth.



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Forget the sundial producers: put this psychedelic stock on your radar https://columbus-chamber.org/forget-the-sundial-producers-put-this-psychedelic-stock-on-your-radar/ https://columbus-chamber.org/forget-the-sundial-producers-put-this-psychedelic-stock-on-your-radar/#respond Thu, 29 Apr 2021 10:05:00 +0000 https://columbus-chamber.org/forget-the-sundial-producers-put-this-psychedelic-stock-on-your-radar/ Producers of sundials (NASDAQ: SNDL) a few months ago, it entered the investment scene in a major way. It became one of the hottest meme stocks with a gain since the beginning of the year of more than 90%. But while the sundial has garnered a lot of attention, there are some stocks that could […]]]>

Producers of sundials (NASDAQ: SNDL) a few months ago, it entered the investment scene in a major way. It became one of the hottest meme stocks with a gain since the beginning of the year of more than 90%. But while the sundial has garnered a lot of attention, there are some stocks that could offer better growth prospects that aren’t so well known.

Stocks of companies developing psychedelic drugs aren’t as much in the limelight as stocks of marijuana. Some of these companies, however, are worth a look. Cybin (OTC: CLXP.F) is a prime example. Forget about the sundial producers – put this psychedelic stock on your radar.

An hand drawing of the chemical structure of psilocybin.

Image source: Getty Images.

Introducing Cybin

You might not have heard of Cybin yet. The company transferred its shares to the OTCQB Venture market less than two months ago. The stock was previously traded on the over-the-counter Pink Leaves in the United States and listed on the Canadian NEO Exchange in November 2020.

But several large venture capital funds know Cybin well. Janus Henderson, LifeSci Ventures and RA Capital are key shareholders of the company.

Cybin’s pipeline includes four psychedelic drug programs. The company is currently evaluating its lead candidate, the sublingual psilocybin drug CYB001, in a Phase 2 clinical trial as a potential treatment for major depressive disorder (MDD). It also has two preclinical candidates, CYB003 and CYB004, both of which are deuterated versions of tryptamine. In addition, Cybin is studying the use of phenethylamines as a potential treatment for neurological disorders.

Cybin announced an agreement earlier this year to use CatalentZydis orally disintegrating tablet technology to deliver CYB003. It plans to file an Investigational New Drug (IND) application with the United States Food and Drug Administration (FDA) later this year to advance investigational therapy into early-stage clinical trials in the treatment of related disorders. to alcohol consumption.

Huge potential

How promising is Cybin’s pipeline? Roth Capital analyst Elemer Piros launched a hedge on the stock this week with a buy recommendation and a price target of $ 10. That’s over six times the current Cybin share price.

There are two main reasons to be optimistic about Cybin’s prospects. More importantly, studies have shown that psychedelic molecules have the potential to be effective in treating a wide range of conditions, including addiction, depression, and post-traumatic stress disorder.

If Cybin’s psychedelic drug candidates ultimately get regulatory approvals, the market opportunities are enormous. The National Institute for Mental Health estimates that the direct and indirect costs of mental disorders in the United States are $ 467 billion.

The global opportunities are even greater. The National Center for Biotechnology Information estimates the global total direct and indirect costs of mental disorders at nearly $ 2.5 trillion.

One to watch

To be sure, Cybin still has a long way to go with plenty of obstacles ahead of him. The risks of failure of the company’s clinical studies should not be overlooked.

Cybin is not currently generating revenue and is unprofitable. Like Sundial Growers, the company had to raise additional capital through stock offerings. It seems likely that more of these will be on their way in the future, which means the value of Cybin’s shares could be diluted.

Clinical stage life sciences actions like Cybin will not suit many investors. They are very volatile and risky. Of course, this is also true for unprofitable cannabis stocks like the sundial. For aggressive investors, however, Cybin seems like a stock to watch out for.

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European stocks have improved as yields improve https://columbus-chamber.org/european-stocks-have-improved-as-yields-improve/ https://columbus-chamber.org/european-stocks-have-improved-as-yields-improve/#respond Thu, 29 Apr 2021 05:30:41 +0000 https://columbus-chamber.org/european-stocks-have-improved-as-yields-improve/ (RTTNews) – European stocks could open higher on Thursday as US Treasuries yields eased after an initial rebound on bullish consumer confidence data, progress on vaccinations and strong political support. Asian markets advanced after US President Joe Biden gave his first joint speech to Congress, outlining ambitious plans to build America as the country brought […]]]>

(RTTNews) – European stocks could open higher on Thursday as US Treasuries yields eased after an initial rebound on bullish consumer confidence data, progress on vaccinations and strong political support.

Asian markets advanced after US President Joe Biden gave his first joint speech to Congress, outlining ambitious plans to build America as the country brought the pandemic under control.

Gold gained ground as the dollar held close to nine-week lows after the Fed crushed speculation about an early cut in asset purchases. Oil extended its gains overnight after bullish expectations for demand picking up this summer.

In economic publications, data on consumer prices and unemployment in Germany as well as the results of the Eurozone Economic Confidence Surveys are due later in the session, topping the bill on a busy day for European economic news.

Across the Atlantic, traders will likely keep an eye on the preliminary reading of Q1 GDP as well as reports on weekly jobless claims and pending home sales.

The earnings news is likely to attract attention, with Apple and Facebook driving skyrocketing profits that have essentially doubled from the previous year.

EBay’s earnings outlook for the current quarter missed analysts’ estimates, while Ford lowered its full-year forecast high.

US stocks ended lower overnight as the Fed left interest rates and asset purchases unchanged while pledging to maintain an accommodative policy for a while, despite rising inflation .

Officials stepped up their assessment of the economy, citing progress in immunization and strong political support.

Traders also reacted to the latest earnings news from several large companies, including Alphabet, Visa, Microsoft and Boeing.

The Dow slipped half a percent, the high-tech Nasdaq Composite slipped 0.3 percent, and the S&P 500 fell slightly.

European stocks posted modest gains on Wednesday as investors applauded a batch of strong earnings.

The pan-European Stoxx 600 ended flat with a positive bias. The German DAX and UK FTSE 100 both rose around 0.3%, while the French CAC 40 index added half a percent.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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TSX hits new record high and ends on a strong note https://columbus-chamber.org/tsx-hits-new-record-high-and-ends-on-a-strong-note/ https://columbus-chamber.org/tsx-hits-new-record-high-and-ends-on-a-strong-note/#respond Wed, 28 Apr 2021 22:16:18 +0000 https://columbus-chamber.org/tsx-hits-new-record-high-and-ends-on-a-strong-note/ (RTTNews) – The Canadian stock market ended on a high note on Wednesday, thanks to impressive gains in the healthcare, energy and information technology sectors. Profit optimism and data showing a larger-than-expected jump in retail sales during the month of February contributed to the surge. The benchmark S & P / TSX Composite Index finished […]]]>

(RTTNews) – The Canadian stock market ended on a high note on Wednesday, thanks to impressive gains in the healthcare, energy and information technology sectors.

Profit optimism and data showing a larger-than-expected jump in retail sales during the month of February contributed to the surge.

The benchmark S & P / TSX Composite Index finished 181.86 points or 0.95% at 19,356.95, after hitting a new all-time high of 19,403.54.

The capped health care index climbed 3.76%. Organigram Holdings (OGI.TO) and Aphria Inc (APHA.TO) rose 9% and 8.8% respectively. Aurora Cannabis (ACB.TO) gained nearly 5%, Canopy Growth Corp (WEED.TO) gained 4%, and Bausch Health Companies (BHC.TO) gained 3.6%.

The energy index rose 3.25%. MEG Energy (MEG.TO), the biggest winner in the index, climbed 7.15%. Crescent Point Energy (CPG.TO) jumped nearly 7% and Vermilion Energy (VET.TO) gained 6.25%. Tourmaline Oil Corp (TOU.TO) rose 5.6%.

The information technology index rose 3.1%. Shopify Inc (SHOP.TO) climbed more than 11% on turnaround results. Shopify Inc.’s net income climbed to US $ 1.26 billion in its most recent quarter. The company recorded a net loss of US $ 31.4 million in the quarter of last year.

Hut 8 Mining Corp (HUT.TO), Tecys Inc (TCS.TO), Alithya Group (ALYA.TO), Photon Control (PHO.TO), Descartes Systems (DSG.TO), Kinaxis Inc (KXS.TO), Absolute Software Corp (ABST.TO) and Lightspeed Pos (LSPD.TO) finished up 2-5.25%.

CGI Inc. (GIB.A.TO) announced that it earned $ 341.2 million or $ 1.34 per diluted share for the quarter ended March 31, compared to earnings of $ 314.8 million or $ 1.18 per diluted share in the same quarter last year. The stock gained around 1.6%.

US stocks ended slightly lower today. The Dow slipped 0.5%, the Nasdaq fell 0.3%, and the S&P 500 fell 0.1%.

The Federal Reserve left interest rates and asset purchases unchanged even as the central bank improved its assessment of the US economy.

The Fed also reiterated that it expects rates to remain at near zero levels until labor market conditions have reached levels consistent with its estimates of maximum employment and the inflation will be moderately above 2% for some time.

The central bank also said it plans to continue buying bonds at a rate of at least $ 120 billion per month until “further substantial progress” has been made towards its employment targets. maximum and price stability.

Citing immunization progress and strong political support, the Fed noted that economic activity and employment indicators have “strengthened”, reflecting a modest improvement from last month, when the central bank said the indicators had “recovered recently”.

The Fed also said that the sectors most affected by the coronavirus pandemic remain weak but have shown improvement.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Teenager buys home in Canal Winchester https://columbus-chamber.org/teenager-buys-home-in-canal-winchester/ https://columbus-chamber.org/teenager-buys-home-in-canal-winchester/#respond Wed, 28 Apr 2021 13:05:57 +0000 https://columbus-chamber.org/teenager-buys-home-in-canal-winchester/ Chloe Green is proud to be a first-time homeowner, but a little disappointed that she didn’t buy a home when she was younger. She had long hoped to own a home when she was 18. Instead, she didn’t sign the deal until she was 19. “I started investing my money when I was 15,” she […]]]>


Chloe Green is proud to be a first-time homeowner, but a little disappointed that she didn’t buy a home when she was younger.

She had long hoped to own a home when she was 18.

Instead, she didn’t sign the deal until she was 19.

“I started investing my money when I was 15,” she says. “My goal was always to buy a house when I was 18.”

After reviewing dozens of homes and outbidding many, she finally found the perfect one – a two-bedroom, two-bathroom Winchester Canal condominium. Last week she closed the house.

“I’m just overwhelmed with joy,” she said. “It occurs to me that I really own a home. This is my home, a place I can call home, I can’t believe I made it.”



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