12 Finalists Chosen for Delo’s Tractor Restoration Competition

Chevron U.S.A. Inc’s Chevron Products Company, the maker of Delo® brand technologically advanced engine oils, lubricants, and coolants, recently announced its finalists for the 2018 Delo Tractor Restoration Competition. The competition, which will be held in Indianapolis, IN at the 90th National FFA Convention (October 24 – 27), brings together the nation’s top teen tractor restorers.

The program, which began in 1995, reward the determination, mechanical and business skill of high-school tractor restoration experts from across the country. In restoring an antique tractor, participants of the competition are able to develop skills they will use as future leaders of the agriculture industry such as equipment maintenance, teamwork, project management, budgeting, planning, and marketing.

The contestants are required to submit a workbook that details the complete tractor restoration process. A panel of judges reviews the workbook and entrant videos to select the finalists of the Delo Tractor Restoration Competition. The 12 finalists will then present their projects at the National Convention to a panel of four professional tractor restorers. The projects are each graded on the restoration process, safety precautions, results, documentation, oral presentation, and responses to the judge’s questions.

The winners will be announced at an awards banquet. The Grand Champions are awarded $10,000, Reserve Champion receives $5,000, and third place is given $3,000.

This year’s finalists include:

  • Everett Herrington, Idalou FFA, Idalou, TX: 1968 Massey-Ferguson
  • Austin Reynolds, Ira FFA, Ira, TX: 1955 Farmall Cub
  • Austin Chavez, Cuero High School, Cuero, TX: 1965 John Deere Model 4020
  • Ricky Schilling, Fayetteville ISD #278, Fayetteville, TX: 1960 John Deere 1960 JD 435
  • Four Rivers Career H.S., Four Rivers Career Center Night Shift, Washington, MO: 1949 John Deere Model “A”
  • Devin Haywood, Hastings FFA, Hastings, MI: 1957 Farmall 450 Diesel
  • Box Elder High School, Box Elder FFA, Brigham City, UT: 1949 Farmall C
  • Riley Dalrymple, Uvalde FFA, Uvalde, TX: 1925 John Deere D
  • Ryder Merta, El Campo FFA, El Campo, TX: 1949, John Deere B
  • NorthWood High School, NorthWood FFA, Nappanee, IN: 1950 John Deere MT
  • Corey Verstraeten, Southwest FFA, San Antonio, TX: 1955 Oliver Super 88 L-P
  • Mack Blair, Dubiski Career High School FFA, Grand Prairie, TX: 1949 John Deere A

Dan Holdmeyer, Industrial and Coolants Brand Manager, Chevron Products Company stated, “There is a clear need for programs that support this type of education and provide this experience. The Tractor Restoration Competition is a place where participants develop skills applicable to a career in agriculture, diesel mechanics, or any business actually. Regardless of where their life takes our participants, the Delo Tractor Restoration Competition experience helps to prepare them for success.”

To learn more about Chevron (CVX) and to track their progress please visit the Vista Partners Chevron Page.

Man Planting Plant

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

 

2018 Delo Tractor Restoration Competition Finalists Announced

SAN RAMON, Calif., Sept. 11, 2018– Chevron Products Company, a Chevron U.S.A. Inc. division, maker of the Delo ® brand of technologically advanced engine oils, lubricants and coolants, has announced the …..

finance.yahoo.com

Read Full Article



UnitedHealth Group to Provide Relief for Hurricane Florence Victims

UnitedHealth Group (NYSE: UNH) along with its UnitedHealthcare and Optum businesses are helping North Carolina and South Carolina to restore and rebuild from the effects of Hurricane Florence with a donation of $1.5 million. $1 million will go to the North Carolina Disaster Relief Fund and the rest to the Once SC Fund. Along with the set donation, UnitedHealth Group will be matching dollar-for-dollar any donation that its employees make to charities supporting the recovery efforts.

Aside from financial support, the company will be mobilizing clinical and care assets for the people of the affected areas. These will include the deployment of mobile clinics, emergency kit and prescription drug donations, and a free emotional-support help line.

David S. Wichmann, chief executive officer, UnitedHealth Group stated, “We are deeply concerned for the people affected by Hurricane Florence, and we are committed to supporting local communities in the Carolinas as they recover and rebuild. We are also taking action to ensure the people we serve have easy access to the care they need, and have worked to ensure the safety and well-being of our colleagues in the region.”

To learn more about UNH please visit the Vista Partners Company Dedicated UNH Coverage Page.

Houses Near With Sea With Sailboats and Lighthouse during Daytime

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

 

UnitedHealth Group Donates $1.5 Million to Help Residents of the Carolinas Affected by Hurricane Florence

UnitedHealth Group (UNH) and its UnitedHealthcare and Optum businesses are donating $1.5 million to help residents of North Carolina and South Carolina recover and rebuild from Hurricane Florence. UnitedHealth Group will donate $1 million to the North Carolina Disaster Relief Fund and $500,000 to..

finance.yahoo.com

Read Full Article



The Ocean Cleanup Makes Start in San Francisco Bay…Aiming Toward Great Pacific Garbage Patch

The nonprofit Ocean Cleanup, whose mission is to develop “advanced technologies to rid the world’s oceans of plastic,” sent out its floating boom system from the San Francisco Bay on Saturday. The system, which was founded by Dutch inventor, Boyan Slat, is on a mission to clean up the nearly 1.8 trillion pieces of floating trash in the Great Pacific Garbage Patch.

The floating boom system, along with dozens of other booms, is expected to take 5 years to clean up half the trash in the Great Pacific Garbage Patch. Each of the booms has the ability to collect up to 150,000 pounds of plastic per year.

What is the Great Pacific Garbage Patch you ask? It is a vortex of trash that lies halfway between California and Hawaii that was created from an ocean gyre in the central North Pacific. The patch is so massive that is can be detected from space and covers 1.6 million square kilometers! Yikes….

The boom system will be towed out to the garbage patch in mid-October to begin its trash trapping. The floating boom drifts in conjunction with the local currents create a U-shaped formation. As it floats along, trash is collected in the U-shaped system that has 10 feet of netting below it to collect the smaller fragments of plastic. When the boom becomes full, a vessel meets the boom to collect the plastic and transport it back to land so that it can be sorted and recycled or reused.

Although the technology has got to prove itself in the open ocean, it would seem to be the closest solution to cleaning up the enormous garbage patch.

We are wishing it the best of luck and great success!

Free stock photo of sea, city, landscape, sky

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

The World’s Largest Ocean Cleanup Has Officially Begun

..

www-forbes-com.cdn.ampproject.org

Read Full Article



Disney’s Incredibles 2 Is Now The No. 2 Animated Film Ever

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media.

Disney Pixar’s highly anticipated summer release, Incredibles 2, eclipsed the $600 million mark over Labor Day weekend at the domestic box office. This marks the first time an animated film has reached the milestone and makes Incredibles 2 only the ninth film to ever cross the $600 million thresholds. The Pixar film has earned $1.166 billion globally and has become the No. 17 film of all time and the No. 2 animated film. The movie will open in both Germany and Italy this month.

Since its opening in mid-June, the film set a domestic box office record for the biggest animated film debut ever bringing in $182.7 million. CinemaScore has acclaimed Incredible 2 with an A+ and RottenTomatoes awarded the film with a 93% Certified Fresh score.

To learn more about this Dow 30 Component, The Walt Disney Company (DIS), and to continue to track its progress please visit the Vista Partners Walt Disney Company Coverage Page.

Free stock photo of sky, person, sunglasses, clouds

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

‘Incredibles 2’ is First Animated Film to Hit $600 Million Domestic – The Walt Disney Company

..

www.thewaltdisneycompany.com

Read Full Article



“Star-Studded” Online Polling Firm SurveyMonkey Files for IPO

SurveyMonkey, an online-polling company, filed for a U.S. initial public offering on Wednesday this week under its official name Svmk, Inc., claiming that it has over half a million paying customers. The initial offering size is $100 million, but typically the placeholder amount will most likely change.

The company plans to use the proceeds to pay down income tax obligations that are related to a restricted stock unit settlement, technological investment, and for working capital and general purposes.

The San Mateo, California-based company, is reported to have boasted more than 16 million users in the past year with over 600,000 of its total users paying for its services.

In the first half of 2018, SurveyMonkey’s net loss increased to $27.2 million compared from $19.1 million of the same period last year. The net loss total of 2017 was $24 million on revenue of $218.8 million. 2016 showed a net loss of $76.4 million on $207.3 million.

The largest stakeholder in the company, Tiger Global Management LLC holds 29 percent of the stock prior to the IPO. 10 percent stake is held by The Sheryl K. Sandberg Revocable Trust.

SurveyMonkey enjoys and interesting “star-studded” board that is both obvious & puzzling in some circumstances.  Facebook’s CEO Sheryl Sandberg sits on the company’s board, and her late husband, David Goldberg, was the CEO of the company. Serena Williams, a tennis champion, and Intuit Inc. CEO Brad Smith both joined the board in 2017. SurveyMonkey has applied to list on the Nasdaq Global Select Marker under SVMK, and JPMorgan Chase & Co. and Bank of America Corp. are leading the offering.

Closeup Photo of Journal Book and Pencils

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

..

finance.yahoo.com

Read Full Article



White House Asks SEC to Entertain Idea of a Six-Month Reporting Schedule For Publicly-Traded Companies

In a recent tweet, President Trump announced that he has asked the Securities and Exchange Commission to consider moving the quarterly reporting to a six-month schedule for publicly-traded companies. The idea was brought to the president by way of the outgoing CEO of Pepsico, Indra Nooyi over a dinner held earlier in the month with multiple business leaders.

Although the idea is not far-fetched or even a new idea, many investors are not a fan of reducing the transparency, despite that reporting earnings on such a short-term basis like the quarterly reports is quite unproductive. NYU’s Stern School of Business accounting and finance professor, Baruch Lev believes in the six-month reporting schedule proposal, stating that reporting every three months has lost its relevance to investors.

Further reasoning behind switching to a six-month system is that it likely reduce distractions for management. A huge time expenditure is put into quarterly conference calls and reports.

Batruch Lev, Accounting, and Finance Professor, NYU Stern School of Business stated, “I was told by one CEO, I couldn’t believe it, but he told me he prepares for four days for the conference call with all kinds of focus groups with PR and others. I was convinced you mean ‘four hours?’ He said, ‘No, Baruch. Four days.”

There is a popular belief that the short-termism plays into ‘the earnings games’. The idea is that if it is required for companies to report quarterly, then the main focus will be on meeting market expectations or beating the forecast, which often results in taking gimmicky actions like cutting R&D.

More details and explanations on the idea of a six-month reporting schedule can be found in a recent paper co-authored by Professor Lev and Feng Gu, a professor at SUNY Buffalo, that was published by the CFA Institute.

Yellow Sunflower Illustration

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

Why Trump is right about wanting to end quarterly earnings reports

Academics have long made some compelling cases for changing the way companies report financial performance…

finance.yahoo.com

Read Full Article



Comcast Drops Bid & Disney Wins 21st Century Fox War

Dow 30 Component, The Walt Disney Company (DIS),  and its subsidiaries is a diversified worldwide entertainment company that operates in four business segments: Studio Entertainment, Media Networks, Parks and Resorts, and Consumer Products & Interactive Media.

With Walt Disney’s sweetened offer of $71.3 billion for Twenty-First Century Fox Inc’s entertainment assets, Comcast Corp has dropped its $66 billion bid for fox. Despite the withdrawal, Comcast says it will still try to buy European broadcaster Sky Plc in an attempt to increase its international footprint.

Comcast’s bid drop cools one of the media industry’s most high profile confrontations, but it still leaves the opportunity for a potential bidding war for Sky. Sky is 39% owned by Fox and Fox has made an offer the rest of Sky that it does not own. Comcast is still the highest bidder for the European broadcast with 14.75 pounds per share or $34 billion.

Both Fox and Sky saw drops in their shares, Fox’s fell 1.7% and Sky’s dropped 2.6%. Comcast states one of its reasons for dropping the Fox bid is that the bidding war was inflating the value of Sky because of Fox’s partial ownership in the company. Other concerns about the Fox bid were the price becoming too high and the amount of revenue Comcast could lose in divesting some of the Fox assets to appease U.S. antitrust regulators.

More on Comcast’s Decision and Disney’s acquisition of Fox can be found here.

To learn more about this Dow 30 Component, The Walt Disney Company (DIS), and to continue to track its progress please visit the Vista Partners Walt Disney Company Coverage Page.

Three Men Riding Boats on Body of Water

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.




Goldman Sachs Adds Former President of Harvard Drew Faust To Board

The Goldman Sachs Group, Inc.  (GS) is one of the world’s leading investment bankers & also a securities and investment management firm that offers a wide range of financial services with a diversified client base.

Drew G. Faust has joined the Board of Directors of The Goldman Sachs Group, Inc. Faust will join as in independent director of the firm. Dr. Faust’s joining expands the board to a total of 12 directors, 10 of whom are independent. She will serve as a member of each of the firm’s Governance, Public Responsibilities and Risk Committees.

Dr. Faust retired her role as President of Harvard University on June 30, 2018, after serving in the position since 2007, and will continue to hold the position of Lincoln Professor of History at Harvard. Dr. Faust also held the position of Founding Dean of the Radcliffe Institute for Advanced Study at Harvard from 2001-2007.

She currently serves on the Education Advisory Board of the John Simon Guggenheim Memorial Foundation, and is a member of the American Academy of Arts & Sciences, American Philosophical Society, and the Society of American Historians to name a few. Faust has also previously served on the boards of Staples, Inc, The Broad Institute, and the Harvard Management Company. Dr. Faust graduated from Bryn Mawr College, and has a master’s and doctoral degree from the University of Pennsylvania.

Lloyd C. Blankfein, Chairman and Chief Executive Officer of Goldman Sachs stated, “Drew led Harvard through a decade of growth and transformation. Her perspective and experience running one of the most complex and preeminent institutions in the world will benefit our board, our firm and our shareholders.”

To learn more about The Goldman Sachs Group, Inc. (GS) and to continue to track its progress please visit the Vista Partners Goldman Sachs Group, Inc. Coverage Page.

Six Assorted-color Lollipops

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

Drew Faust Joins Goldman Sachs Board of Directors

www.goldmansachs.com

Read Full Article



Amazon’s Interesting Plan to Purchase Online Pharmacy “PillPack”

Amazon.com Inc., the world’s largest online retailer, recently announced its plans to buy PillPack, a small online pharmacy. With this move, Amazon seems to be in a catbird’s position to directly compete with drugstore chains, drug distributors, and pharmacy benefit managers. With Amazon’s presumed ability to disrupt the major players in the drug supply chain across the nation, Amazon shares have moved higher while the drug supply chains (i.e. CVS, Walgreen’s, Drug wholesalers McKesson Corp, Cardinal Health, and AmerisourceBergen) have started to drop.

The move has Amazon vying for over $450 billion of the total U.S. prescription drug market. While PillPack sales are only expected to exceed $100 million in 2018, with Amazon’s extensive customer base and shipping infrastructure, the company would potentially be able to grow quickly. Amazon could even negotiate directly with pharmaceutical companies for the ability to offer cheaper generic drugs even to those customers who lack health insurance.

No value on the deal has been disclosed, but Bloomberg reports it at $1 billion.

All this comes a week after Amazon, Berkshire Hathaway Inc, and JPMorgan Chase & Co’s joint venture of naming a CEO to be given the task of significantly cutting healthcare costs for its 1 million employees and dependents.

Although stores like CVS and Walgreens may be affected by the future competition of Amazon, mail-order pharmacies will take the biggest hit. Mail-order pharmacies tend to serve patients who have chronic conditions like diabetes and heart disease that require drugs that control cholesterol, blood pressure, and other problems.

Walgreen CEO Stefano Pessina, on a conference call after reporting quarterly results, said he was “not particularly worried” about the PillPack deal. “The pharmacy world is much more complex than just delivering certain pills or certain packages.”

The PillPack and Amazon deal is expected to close in 2018.

Photo of Person Holding Clear Glass Ball

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

Amazon to buy PillPack in potentially disruptive drug retail push

Amazon.com Inc said on Thursday it would buy small online pharmacy PillPack, a move that will put the world’s biggest online retailer in direct competition with drugstore chains, drug distributors and pharmacy benefit managers…

www.reuters.com

Read Full Article



What’s Next For McDonald’s Plastic Straws In UK, Ireland & Beyond?

McDonald’s Corporation (MCD) is the leading global foodservice retailer with nearly 37,000 locations in over 100 countries. The Corporation operates and franchises McDonald’s restaurants in the US and across the globe with over 90% of its restaurants owned and operated by local, independent businessmen and women.

McDonald’s latest phase towards sustainable solutions is the phased rollout of paper straws in all of the 1,361 McDonald’s restaurants in Ireland and the UK. The company plans to complete the rollout by 2019 and is beginning testing alternatives to plastic straw in various markets across the globe.

The transition to paper straws will be in September and is a step towards the restaurant chains goal to source 100% of its guest packaging from renewable, recycled or certified sources by the year 2025, as well as having all of its guest packaging recycling in all restaurants throughout the world.

Testing alternatives to plastic straw have already begun in McDonald’s restaurants in Belgium and will start in the United States, France, Sweden, Norway, and Australia later this year.

Francesca DeBiase Executive Vice President, Global Supply Chain and Sustainability stated, “McDonald’s is committed to using our scale for good and working to find sustainable solutions for plastic straws globally. In addition to the exciting news from the UK today, we are testing straw alternatives in other countries to provide the best experience for our customers. We hope this work will support industry-wide change and bring sustainable solutions to scale.”

To learn more about McDonald’s Corporation (MCD) and to track its progress please visit the Vista Partners McDonald’s Coverage Page.

Free stock photo of person, woman, hand, book

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

McDonald’s Announces Rollout of Paper Straws in the UK and Ireland and New Trials in Commitment to Find Solutions for Plastic Straws Globally | McDonald’s Corporation

..

news.mcdonalds.com

Read Full Article