Latest news with #Indiana-based
Yahoo
4 days ago
- Business
- Yahoo
Is Steel Dynamics Stock Underperforming the S&P 500?
Fort Wayne, Indiana-based Steel Dynamics, Inc. (STLD) operates as a steel producer and metal recycler in the United States. With a market cap of $19.6 billion, the company operates through four segments: Steel Operations, Metals Recycling Operations, Steel Fabrication Operations, and Aluminum Operations. Companies worth $10 billion or more are typically referred to as "large-cap stocks." STLD fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the steel industry. STLD benefits from being one of the leading steel producers and metal recyclers in the United States and being one of the most diversified steel companies with a vast range of specialty products. Dear Tesla Stock Fans, Mark Your Calendars for June 22 Trump Is Giving Tesla's Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now? Nvidia Says Quantum Computing Is Nearing an 'Inflection Point.' Here Are the 3 Best Stocks to Buy Now to Profit. Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Despite its strengths, the stock has plunged 14.4% from its 52-week high of $155.56 touched on Nov. 6, 2024. Moreover, over the past three months, STLD stock has grown 6.6%, outperforming the S&P 500 Index's ($SPX) 5.4% uptick during the same time frame. STLD stock has grown 16.7% on a YTD basis, outperforming SPX's 1.7% uptick in 2025. However, STLD has surged 5.2% over the past 52 weeks, underperforming SPX's 9.3% gains. To confirm a bullish trend, STLD has been trading mostly above its 200-day and 50-day moving averages since late April. STLD shares grew 3.4% following the release of its Q1 earnings on Apr. 22. The steel producer and metals recycler posted revenue of $4.37 billion in the period, which beat Street forecasts. Moreover, its adjusted EPS of $1.44 for the quarter beat the consensus estimates by 2.9%. Within the steel arena, rival Nucor Corporation (NUE) has grown 4.7% in 2025 but has declined 22.4% over the past year, underperforming the stock. Among the 12 analysts covering the STLD stock, the consensus rating is a 'Strong Buy.' Its mean price target of $147.91 suggests a modest 11.1% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Entertainment
- Yahoo
Country Fest artist coming to Canton. First ticketed show announced for Centennial Plaza
CANTON − The first ticketed concert at Centennial Plaza in downtown Canton will be a feel-good party. Niko Moon, who blends country, pop and Caribbean sounds, will bring his upbeat island vacation vibe to the outdoor venue Sept. 19. Hometown Jams, an Indiana-based promoter, announced the concert Monday morning. Tickets go on sale to the general public on June 20 through and at Presale tickets will be available starting June 17. Moon is a newer musical artist, releasing his first album, "Good Time" in 2021 before following up with "Better Days" in 2024. And he's already released three songs this year to be included on a new album. His music blends easy-listening pop with country music and Caribbean and hip-hop influences. Moon also draws comparisons to Zac Brown Band and Jimmy Buffett. Popular songs include "Good Time," "Paradise to Me" and "Way Back." "Good Time" reached No. 1 on the Billboard Country Airplay chart, and the YouTube video for the song has 93 million views while "Paradise to Me" has tallied 21 million views. Prior to going solo, Moon was a member of Sir Rosevelt alongside country singer-songwriter Zac Brown and Ben Simonetti. Sir Rosevelt was a dance-pop side project of Brown of the Zac Brown Band. Sir Rosevelt released a self-titled album in 2017. Moon also co-produced the Zac Brown Band's 2015 album Jekyll + Hyde, as well as the band's 2017 studio release, "Welcome Home." The Texas native also has penned songs for Dierks Bentley Rascal Flatts, Morgan Wallen, Pitbull and others. Boasting 233,000 followers on Facebook and 337,000 followers on Instagram, the Nashville-based artist was named SESAC country songwriter of the year in 2021. The event will be the first full-blown, ticketed concert at Centennial Plaza, following a change in management of the downtown space. ASM Global, the company that operates the Canton Memorial Civic Center, is now in charge of managing the venue and booking entertainment there under a lease agreement with the city of Canton. 'The City of Canton and ASM Global are excited to combine the amazing backdrop of Centennial Plaza with the feel good, infectious energy of a Niko Moon concert," said Blake Schilling, general manager of the Civic Center. Schilling said ASM Global and the city have created a preliminary security plan with the Canton Police Department and Police Chief John Gabbard for the concert. Security will be provided by both Canton police and the Cleveland-based security and crowd management company CSC. Capacity for the Centennial Plaza concert is estimated at 2,000 people, Schilling said. The concert will be moved to the Civic Center if there's inclement weather, he said. Good music and good eats Blues Fest 2.0. New version of popular event returning to downtown Canton The concert is being presented by Hometown Jams, a company founded in 2018 that produces entertainment in communities across the Midwest. Hometown Jams says its focus is "on creating memorable experiences and connecting fans and artists ... (and) delivering big city vibes without the hassle − right in your backyard." 'Niko brings a feel-good energy that's impossible not to move to,' Tyrus Joseforsky, founder of Hometown Jams, said in a news release. 'There's no better artist to help us kick things off in Ohio than in Canton with Niko Moon − and Centennial Plaza is the perfect backdrop for what's going to be an unforgettable night.' 'This show is the beginning of something special for Canton,' Joseforsky said. 'We've had our eyes on this city for a while, and Niko Moon is the perfect way to say, 'We're here.'' Canton will be a stop on a summerlong tour for Moon, which includes concerts in Wisconsin, Minnesota, New York, Virginia, New Jersey, Indiana, Oregon and Texas. Moon is scheduled to perform in Fort Thomas, Kentucky the day before his Stark County appearance. Moon recently performed in Stark County, filling the second slot on June 12 at The Country Fest, a four-day country music festival that draws thousands of fans and campers to Clay's Resort Jellystone Park near Canal Fulton. Tracks included the catchy and infectiously melodic, "Boat Song," a recent single. Another 2025 release, "I Love This Beach" embodies the same laid-back, flip-flop sandal, backyard party vibe. Moon's most recent single, "Sandcastles" is a carefree island country ballad ready-made for concert crowd singalongs and arm waving. Playing under a sunlit blue sky, Moon strolled barefoot across the Country Fest stage and catwalk in a matching Hawaiian-style shirt and shorts. A yellow plastic cup was often in one hand and a microphone in the other. Moon also strummed an acoustic guitar on a few songs. Fans can expect the same relaxed atmosphere when he performs in Canton in what Hometown Jams describes as "an immersive outdoor experience." The show also will feature food vendors and cold beverages, the announcement said. Reach Ed at ebalint@ Follow on X @ebalintREP and TikTok @edwardbalint Who: Niko Moon, musical artist who blends country, pop and island sounds Where: Centennial Plaza in downtown Canton, 330 Court Ave. NW. What: First ticketed concert at Centennial Plaza, which is now managed by ASM Global, operator of the Canton Memorial Civic Center. When: Sept. 19 Tickets: Go on sale to the general public at 10 a.m. June 20 through and at Presale tickets will be available from 10 a.m. June 17 to 10 p.m. June 19. For more information, go to This article originally appeared on The Repository: Country Fest artist Niko Moon making downtown Canton, Ohio tour stop
Yahoo
13-06-2025
- Entertainment
- Yahoo
Brian Wilson, R.I.P.
BRIAN WILSON, LEADER OF THE BEACH BOYS and one of the greatest influences on pop music of the 1960s, died Wednesday at the age of 82. Details of his death have yet to be disclosed, but he had been diagnosed with dementia and suffered from what his doctor termed 'a major neurocognitive disorder.' Wilson is most likely to be remembered for his mastery of the recording studio, where he pursued his vision with singleminded tenacity. His control has been likened to that of celebrated film auteurs. Born on June 20, 1942, in Inglewood, California, Wilson as a boy in the '50s absorbed from rock-n-roller Chuck Berry an appreciation for hard-driving rhythm and catchy lyrics, and from the Indiana-based quartet the Four Freshmen he acquired a taste for pristine harmony and the haunting sound of a high falsetto lead voice. In high school, Wilson formed a band with his cousin Mike Love; his two younger brothers, Dennis and Carl; and a classmate, Al Jardine. The Pendletones, as they were briefly known (a play on the brand of a popular shirt, Pendleton), recorded Wilson and Love's 'Surfin',' in 1961. The two wrote the song at the suggestion of Dennis Wilson, who was enamored of surfing. Brian Wilson was an avowed non-surfer. In a brilliant bit of marketing, 'Surfin'' was released under the band's new name, the Beach Boys. Many of the songs that followed in the next four years—'Surfin' Safari,' 'Surfer Girl,' and 'Little Deuce Coupe'—explored similar topics: beach life, California, teenage life. Wilson's greatest achievement came in 1966 with the album Pet Sounds. By this time, he had absorbed another influence, the 'Wall of Sound' pioneered by producer Phil Spector in his work with the Ronettes and other groups. Relying on multitrack recordings, with layer building on layer, and on the use of a cadre of topflight studio musicians known as the Wrecking Crew, Wilson brought to pop music a new level of sophistication in Pet Sounds. (Paul McCartney and George Martin attested to the influence of the album on the Beatles' 1967 Sgt. Pepper's Lonely Hearts Club Band.) Join now The songs of Pet Sounds, nearly all of them composed by Wilson, explored more serious topics than the Beach Boys had dealt with in the past: the struggle of fitting in ('I Just Wasn't Made for These Times'), the challenge of finding one's true self ('I Know There's an Answer'), and the small hopes and immense promise of love ('Wouldn't It Be Nice' and 'God Only Knows'). 'Wouldn't It Be Nice' packs a symphonic variety in two and a half minutes of music, with harmony vocals darting in and out, tympani strokes lending an air of grandeur, an interlude introducing a dreamier musical atmosphere, and a pronounced slowing down before the resumption of the original tempo. Pet Sounds was followed by the single 'Good Vibrations,' perhaps the Beach Boys' best-known song. An ambitious follow-up album, SMiLE, was planned but progress ground to a halt. As chronicled in his autobiography, I Am Brian Wilson (cowritten by Ben Greenman), he observed, 'It was too much pressure from all sides: from Capitol [Records], from my brothers, from Mike [Love], from my dad, but most of all from myself.' Wilson's relationship with his father Murry was uneasy, the father subjecting the son to physical and verbal abuse. Beginning in the mid-1960s, Wilson resorted to alcohol and drugs because his 'head wasn't right.' He would be diagnosed with depression and schizoaffective disorder. In the mid-1970s he came under the care of Eugene Landy, a controversial psychotherapist who inserted himself into Wilson's business dealings in an exploitative way; the first sentence of Landy's 2006 Los Angeles Times obituary says he 'was denounced as a Svengali for his controversial relationship' with Wilson. (Their relationship is examined in the 2014 movie Love and Mercy.) Wilson worked off and on with the Beach Boys in addition to releasing solo albums, including a self-titled album in 1988. In 1995 he teamed with Van Dyke Parks on 'Orange Crate Art.' Two years later, he performed on The Wilsons, featuring his two daughters Wendy and Carnie Wilson. He won Grammy Awards in 2005 and 2013. His last album, At My Piano, was released in 2021. Brian Wilson's talents were so considerable that musicians of today remain awed by his creativity. Illustrative is the reaction of Gen-Z producer and composer Isaac Brown, who has a YouTube channel on which he posts videos of himself reacting to older music he'd never heard before. Listening for the first time to 'Good Vibrations,' Brown, at the beginning of the song, wears an engaged look that gives way to one of curiosity. What is he hearing? Where is this song going? When the first chorus arrives ('I'm picking up good vibrations') and the eerie theremin enters, his expression turns to bafflement. 'Really?' he exclaims. 'Whoa.' When the chorus returns, he exclaims, 'I don't even know what to do with this.' As the music comes to an end, he concludes: 'I cannot believe this song exists. I love this.' A follow-up video in which Brown listens to Pet Sounds for the first time ends with him gobsmacked by the creativeness and even bravery of the album's harmonies, lush instrumentation, and production. As Brown's reaction suggests, even after more than a half century, the best work of Brian Wilson retains the power to surprise and delight. Share this piece with a friend or family member who loves the Beach Boys. Share
Yahoo
11-06-2025
- Business
- Yahoo
Fairway Acquires Assets of Hallmark Home Mortgage
Fairway Independent Mortgage Corporation Expands With Asset Purchase of Hallmark Home Mortgage MADISON, Wis., June 11, 2025 /PRNewswire/ -- Fairway Independent Mortgage Corporation announced today that it has agreed in principle to an asset sale with Hallmark Home Mortgage. Significant assets of Indiana-based Hallmark, licensed in 20 states, will become part of Fairway, the nation's second-largest retail mortgage lender. Hallmark Home Mortgage, Powered by Fairway, will be a new division of Fairway. Fairway CEO and Founder Steve Jacobson will remain CEO of Fairway, and Hallmark CEO and Founder Deborah Sturges will join Fairway with the title of President, Hallmark Home Mortgage. Jacobson called the purchase of Hallmark a win for both companies: "Deborah and I worked together at Waterfield decades ago and have remained industry acquaintances ever since," said Jacobson. "Our shared values, and our trust in each other make this partnership a natural fit. Our shared vision will make us even stronger together." "This strategic decision brings Fairway's expanded product portfolio, enhanced technology, and deep support resources into Hallmark's orbit," said Hallmark's Deborah Sturges. "To reconnect with my former colleague Steve Jacobson is truly exciting. This partnership puts both companies in the best position to grow, innovate, and lead." About Fairway Independent Mortgage WI- and Carrollton, TX-based Fairway Independent Mortgage Corporation (NMLS #2289) is a full-service mortgage lender licensed in all 50 states. Fairway is the #2 overall retail lender in the U.S. View original content to download multimedia: SOURCE Fairway Independent Mortgage Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
San Francisco Chronicle
11-06-2025
- Business
- San Francisco Chronicle
Vera Bradley: Fiscal Q1 Earnings Snapshot
ROANOKE, Ind. (AP) — ROANOKE, Ind. (AP) — Vera Bradley Inc. (VRA) on Wednesday reported a loss of $33.5 million in its fiscal first quarter. On a per-share basis, the Roanoke, Indiana-based company said it had a loss of $1.20. Losses, adjusted to account for discontinued operations and pretax expenses, came to 36 cents per share. The handbag and accessories company posted revenue of $51.7 million in the period.
