Latest news with #Manitowoc
Yahoo
5 days ago
- Entertainment
- Yahoo
Check out the Used Book Sale and other upcoming events at Manitowoc Public Library
MANITOWOC – The Friends of Manitowoc Public Library Used Book Sale returns June 26-28. The event will be in the second-floor Balkansky Community Room at the library, 707 Quay St. Hours are as follow: June 26 — Noon-7:30 p.m.; June 27 — 9 a.m.-5:30 p.m.; and June 28 — 9 a.m.-2:30 p.m. with $4 'stuff a bag.' Cash or local check only are accepted. An ATM is on the first floor near the main entrance. Read more: Manitowoc's Rahr-West Art Museum to host free summer exhibit tour series starting June 18 Here's what else is coming up at the library. For more details, call 920-686-3000 or go to Summer Reading Program — Runs through Aug. 9. Read or be read to a total of 30 days to complete the program. Every six days read earns you a prize. Participants have until Aug. 16 to pick up prizes, while supplies last. Register on the Beanstack app or pick up a paper tracker at the library. More details: Baby Storytime — 9:30 a.m. June 19, 25 and 26. For ages 0-2 and their siblings. Preschool Storytime — 10:30 a.m. June 19, 25 and 26. For ages 2-5 and their siblings. Judy Blume Book Club — 6-7 p.m. June 19 in the second-floor board room. This final gathering of the season will focus on 'In the Unlikely Event.' Although Blume is an author in the Young Adult genre, the club is for adults only. Teen Hang-Out: Summer Sips! — 6-7:30 p.m. June 19. Join Chef Andrew Dunbar in creating a summer drink with syrups and sparkling water. Registration is required at 'An Evening with Michael Perry' — 6-8 p.m. June 19 at the UW-Green Bay, Manitowoc Campus, theater, 705 Viebahn St. Michael Perry is a New York Times bestselling author and Wisconsin Public Radio contributor. No advance reservations are required. Storytime on the Road — 10 a.m. June 20 at Farm Wisconsin Discovery Center and 10 a.m. June 24 at Lincoln Park Zoo. For development ages 2-5 and their siblings. No registration is required. Glowforge badging dession — 2-3:30 p.m. June 20. The Glowforge uses a laser to engrave designs into different material types like acrylic and wood. Library staff will demonstrate how to use the Glowforge. Upon completion, participants will be 'badged' so they can use the Glowforge at their leisure. Space is limited and registration is required at Department of Workforce Development employment assistance — 9 a.m. to 4 p.m. Tuesdays in the Franklin Street Room. Includes résumé writing, assistance with online applications, assistance registering in Job Center of Wisconsin and more. No appointment needed. Learn About Libby: The Online Reading App — 6-7:30 p.m. June 24 in the second-floor board room. The class is free for all ages and no registration is required. Contact Brandon Reid at breid@ This article originally appeared on Manitowoc Herald Times Reporter: Manitowoc library's Used Book Sale is June 26-28: Hours & more details
Yahoo
11-06-2025
- General
- Yahoo
‘Big undertaking': First Presbyterian Church in Manitowoc seeking donations for fresh coat of paint
MANITOWOC, Wis. (WFRV) – First Presbyterian Church was built in Manitowoc in 1870 and has prominently carved its place in the lakeshore city's skyline ever since. But such a grand, 155-year-old building also needs a touchup every once in a while. 'Though it's brick, there's a lot of woodwork around the trim, doorways and things that haven't been done for quite a while,' Pastor Matthew Sauer, who leads the Manitowoc Cooperative Ministry, said. 'It's a big undertaking. It's milled woodwork and things, so it's got design to it and architectural shape to it.' Sauer says that the project is not just necessitated by appearance, but also safety. 'We need to get this wood paint, and one it's just a cosmetic thing, but there's also wood rot in some place where we've got to worry about replacement of wood in some places, and we can't do that until we're up there,' he said. 'It's a great facelift but it also allows the building to be a safe and secure place, it's more than cosmetic.' The brick building with original wooden highlights is both a place of worship and center of community service. 'We need to make sure that our facilities are safe and are able to meet the work that we do,' Sauer said. 'Every Wednesday night we feed 200 people free dinners, they're all prepped here and we serve right out the front doors. People walk up and drive their cars. In the winter we also host the warming shelter here. It's a safety issue, it's a preservation issue, it's a mission issue to the community.' Repainting and repairing century and a half old wood is not the average carpentry project, it comes at the expense of tens of thousands of dollars. 'It needs to be done right and take it's time and it's a little bit slow. It's probably between $17,000 and $20,000 but that could go up if they find they need to replace a lot of woodwork,' Sauer said. 'It's not just running sand paper over a two by four and throwing some paint on it with a paint sprayer. It's got to be detailed, can't have it spilling into the windows, we've got beautiful stained glass windows.' About half of the funding will come from public donations, with the rest coming from the church's pre-existing building fund. Donations can be made on the Manitowoc Cooperative Ministry website. 'There [is extra budget] built into our bid that contingency, that if we need to be replacing wood, that we have that built in already,' Sauer said. 'You can't just go to Lowe's and pick that all up. This is all hand done, so nothing is exactly the same.' Always a work in progress, left over funds will be put towards renovating bathrooms and repairing the organ. 'It's humbling. It makes us want to do it right. So that 20 years from now someone isn't complaining 'how come they took the cheap way out,'' Sauer said. 'I talk metaphorically about the ghosts that are in the building. And there are times when I sit in the building and listen to the building have healthy creaks.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Sun
28-05-2025
- Business
- The Sun
Brazen Walmart ‘thief swipes $500 worth of items with bizarre ticket switching trick at self-checkout'
A WOMAN pulled off a wild ticket-switching stunt at Walmart and walked out with hundreds in goods until surveillance video caught up with her. She racked up 19 visits using the same sneaky trick, cops said. 3 3 The alleged scheme went down in Manitowoc, Wisconsin, roughly 80 miles from Milwaukee. Hailey Wildfong, 38, is now charged with one count of felony retail theft, Seehafer News reported. She's accused of swapping barcodes on merchandise at self-checkout, paying next to nothing for pricier products. A loss prevention employee flagged the strange transactions and showed the footage to police. Walmart's loss prevention team claims Wildfong stole over $500 worth of items in total. The videos reportedly show her scanning swapped tags during nearly 19 separate trips. Wildfong has appeared in court where she was released on her own recognizance and slapped with a $1,000 bond. Court Commissioner Patricia Koppa signed off on the conditions, which include a ban on returning to Walmart. Wildfong's next court appearance is scheduled for June 16. Cops say she is not the only shopper using high-tech checkouts to pull off low-tech scams. How Two Shoppers Stole $141k from Target and Walmart Across 21 States In another case earlier this year, a man named Speedy Gonzalez was arrested in Georgia for ripping off Walmart stores with a trash can trick. The 40-year-old allegedly stuffed pricey products into empty bins, scanned the bins, and walked out with the loot. Gonzalez reportedly stole items like nicotine, diabetic strips, and gum, all while avoiding staff detection. Authorities say Gonzalez pulled the scam off at least 20 times across stores in Georgia. The Gainesville Police Department says they finally caught Gonzalez after a surveillance camera showed him in action. Lieutenant Kevin Holbrook told WAGA that Gonzalez returned to the same store just 10 days later, and police were waiting. Cops searched his car and found stolen items that matched other theft cases across Georgia's Hall, Barrow, Gwinnett, Habersham, White, and Lumpkin counties. Back in 2020, Gonzales was busted for trying to use stolen checks to buy $3,000 in goods at Home Depot, police said. Investigators learned the checks came from a mailbox in Suwanee, just outside of Atlanta. DON'T FORGET FLORIDA Meanwhile, in Florida, another Walmart shopper tried to pull off a grocery version of the scam. Cops say Katherine Gordon used the 'banana trick' to scan cheap fruit barcodes on expensive food. She was able to bag $83 in groceries for a fraction of the price. Walmart has since rolled out smart cameras at some kiosks that track hand movements and check barcode accuracy to prevent future scams. 3
Yahoo
25-05-2025
- Business
- Yahoo
Estimating The Fair Value Of The Manitowoc Company, Inc. (NYSE:MTW)
Using the 2 Stage Free Cash Flow to Equity, Manitowoc Company fair value estimate is US$10.58 Manitowoc Company's US$10.33 share price indicates it is trading at similar levels as its fair value estimate The US$11.05 analyst price target for MTW is 4.4% more than our estimate of fair value In this article we are going to estimate the intrinsic value of The Manitowoc Company, Inc. (NYSE:MTW) by taking the forecast future cash flows of the company and discounting them back to today's value. This will be done using the Discounted Cash Flow (DCF) model. Believe it or not, it's not too difficult to follow, as you'll see from our example! We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. To begin with, we have to get estimates of the next ten years of cash flows. Seeing as no analyst estimates of free cash flow are available to us, we have extrapolate the previous free cash flow (FCF) from the company's last reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF ($, Millions) US$27.2m US$28.3m US$29.4m US$30.5m US$31.5m US$32.5m US$33.6m US$34.6m US$35.6m US$36.7m Growth Rate Estimate Source Est @ 4.77% Est @ 4.22% Est @ 3.84% Est @ 3.57% Est @ 3.38% Est @ 3.25% Est @ 3.16% Est @ 3.09% Est @ 3.05% Est @ 3.01% Present Value ($, Millions) Discounted @ 10% US$24.6 US$23.2 US$21.9 US$20.5 US$19.2 US$17.9 US$16.8 US$15.6 US$14.6 US$13.6 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = US$188m The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (2.9%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 10%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = US$37m× (1 + 2.9%) ÷ (10%– 2.9%) = US$505m Present Value of Terminal Value (PVTV)= TV / (1 + r)10= US$505m÷ ( 1 + 10%)10= US$187m The total value is the sum of cash flows for the next ten years plus the discounted terminal value, which results in the Total Equity Value, which in this case is US$375m. The last step is to then divide the equity value by the number of shares outstanding. Relative to the current share price of US$10.3, the company appears about fair value at a 2.4% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Manitowoc Company as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 10%, which is based on a levered beta of 1.730. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. View our latest analysis for Manitowoc Company Strength Earnings growth over the past year exceeded the industry. Debt is well covered by cash flow. Weakness Interest payments on debt are not well covered. Opportunity Annual earnings are forecast to grow for the next 3 years. Good value based on P/E ratio and estimated fair value. Threat Annual earnings are forecast to grow slower than the American market. Although the valuation of a company is important, it is only one of many factors that you need to assess for a company. The DCF model is not a perfect stock valuation tool. Instead the best use for a DCF model is to test certain assumptions and theories to see if they would lead to the company being undervalued or overvalued. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. For Manitowoc Company, we've put together three relevant factors you should further research: Risks: To that end, you should learn about the 2 warning signs we've spotted with Manitowoc Company (including 1 which is significant) . Future Earnings: How does MTW's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the NYSE every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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
Washington Post
23-05-2025
- Washington Post
A fisherman just discovered a historic shipwreck in Lake Michigan
Christopher Thuss was fishing on a foggy evening near Manitowoc, Wisconsin, when his sonar detected something strange beneath the surface of Lake Michigan. 'I was slowly taking my time going down the shoreline,' said Thuss, 25, adding that he uses sonar to find fish and objects underwater. 'I saw a couple pieces of wood, so I turned my boat to that direction.'
