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Christmas shopping began Thursday for low-income families registered with The Mission, a Norman nonprofit focused on helping those in need. More than 230 families who signed up will visit Wildwood Community Church from Dec. 12 to Dec. 14 to receive free gifts for their children. Janet Hess, organizer and member of Wildwood Community Church, said about 600 children are expected to receive gifts from the event. A parent or guardian can pick out toys and clothes for each child in the family. Wildwood has been the host of the Christmas event for The Mission for the last nine years. This year, The Mission also partnered with Bethel Baptist Church, Norman Behavioral Health, Restore Behavioral Health, The Norman Rotary Club and Massay’s Dance Studio to collect items to give away. One man, Hess said, donated dozens of shoes and coats. “We’ve started reaching out to different people in the community, different groups, and asking their organization, and they’ve started putting out boxes to collect toys, and then they bring them to us to put out,” Hess said. “So each year we get a little more help from other individuals amongst the community.” For each child, they can pick a stocking stuffer, a medium and large toy, a coat, a pair of shoes, gloves, hygiene products and more. All toys are put into age categories from 2 to 16 years old. Rebekah Key, an organizer and member of Wildwood, said 1,800 gifts needed to be collected to serve the capacity of people registered and their children. “We obviously have to collect more than that so that we have selection for the people. You don’t want to be the last person to come in and you only get one thing to pick from,” Key said. “So it’s amazing the amount of gifts that we get. Key said the volunteers for the event have been a major deal. She said there have been about 350 volunteers, all taking a role in making the event possible. “One of the other ladies is in charge of making us lunches for the people to work all day. And it’s a big, big deal” Key said. “We have a lady that’s in charge of all the coats because everybody gets a coat. We have different people under us that we have assigned to help us. It’s getting so big we need helpers.” Key said every child deserves something nice for Christmas, no matter their situation. “Children don’t have a choice to be in the situation that they’re in,” Key said. “So we want these kids to get some good things for Christmas.”
NEW YORK , Dec. 11, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global insurtech market size is estimated to grow by USD 77.41 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 42.35% during the forecast period. Increasing need to improve business efficiency is driving market growth, with a trend towards investors collaborating with insurtech firms. However, high cost of investment poses a challenge. Key market players include Acko Technology and Services Pvt. Ltd., Allianz SE, Berkshire Hathaway Inc., Charles Taylor Ltd., Cuvva Ltd., Cytora Ltd., DeadHappy Ltd., Flock Ltd., Friendsurance, Kin Insurance Technology Hub LLC, KYND Ltd., Laka Ltd., Massachusetts Mutual Life Insurance Co., Milvik AB, Nimbla Ltd., Quantemplate Technologies Inc., simplesurance GmbH, Slice Insurance Technologies Inc., Uinsure Ltd., Urban Jungle Services Ltd., Wrisk Ltd., ExtraCover Ltd., and F2X Group Ltd.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Market Driver InsurTech, the fusion of Insurance and Technology, is creating waves in the industry. This innovation is revolutionizing the creation, distribution, and administration of insurance products. From social insurance to life & health, auto, marine, liability, buildings, and commercial buildings insurance, InsurTech is transforming business lines and product lines. Machine learning and artificial intelligence are driving personalized solutions for niche customers. Real-time tracking and monitoring information enable better risk monitoring and decision making. Customer data is the new currency, with predictions based on purchase quantity and consumer needs. Cloud computing, blockchain, IoT, and digital solutions are the new norm. InsurTech is transforming insurance planning with big data, chatbots, and on-premise solutions. Insurance carriers are embracing digital transformation, leveraging technology to streamline operations and enhance customer experience. The future of InsurTech lies in continuous innovation and meeting evolving customer needs. Investors are showing heightened enthusiasm towards partnering with InsurTech firms, as evidenced by the recent conference where 1,500 investors, entrepreneurs, and insurance executives convened. The primary objective of the event was to explore how technology is revolutionizing the insurance sector. Technological advancements have significantly impacted the insurance value chain, streamlining costing processes, enhancing consumer experience, increasing transparency, reducing fraud through data analysis, and simplifying claims for customers. InsurTech companies are prioritizing the growing consumer demand for tailored insurance products and personalized services. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The InsurTech market is revolutionizing the insurance industry by creating and distributing innovative insurance products using technology. Challenges in insurance creation and administration are being addressed through the use of machine learning and artificial intelligence. Social insurance and customer data analysis help insurers make accurate predictions and personalized decisions for insurance planning. Real-time tracking and monitoring information are crucial for risk monitoring and customer satisfaction. Insurance carriers are embracing digital solutions to meet consumer needs, including cloud computing, IoT, and blockchain. Business lines and product lines are catering to niche customers with specific risk profiles. Machine learning algorithms help insurers assess purchase quantity and make informed decisions. Big data and chatbots streamline customer interaction and improve decision-making processes. Solutions providers are leading the digital transformation in insurance, offering cloud-based and on-premise solutions for life & health, auto, marine, liability, buildings, and commercial buildings insurance. IoT devices provide real-time data for dwelling coverage, contents coverage, and risk monitoring. The integration of technology in insurance is a game-changer, enabling insurers to provide customized solutions and improve overall customer experience. Insurance firms are embracing the sale of products through the latest technology, known as InsurTech. However, this new approach necessitates specialized training for insurance staff to effectively use the technology and understand the insurance offerings. Retraining is essential to ensure that employees can provide clients with suitable insurance solutions. Many firms are integrating technology with banking and broking services, but managing these systems effectively requires technical expertise, which some firms may lack. Therefore, investing in trainers for staff and brokers is crucial for successful implementation of InsurTech solutions. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This insurtech market report extensively covers market segmentation by 1.1 Marketing and distribution 1.2 IT support 1.3 Claim management 1.4 Policy administration and management 1.5 Others 2.1 On-premises 2.2 Cloud 3.1 North America 3.2 Europe 3.3 APAC 3.4 Middle East and Africa 3.5 South America 1.1 Marketing and distribution- The InsurTech market's marketing and distribution segment is poised for significant growth during the forecast period. The widespread use of smartphones and easy internet access have fueled digital marketing and distribution of insurance policies through advanced technologies. Regulations mandating electronic promotion system certifications ensure security. Mobile point-of-sales in e-retail is gaining acceptance, providing insurance companies with opportunities to cater to busy customers. InsurTech platforms offer chatbots for live customer interaction and resolution of queries, enhancing the digital experience. Customer-centricity and high ROI are driving segment growth. InsurTech startups disrupt traditional financial services with increased access, transparency, and lower costs. Automation through pattern recognition algorithms and predictive coding reduce industry overheads and improve process efficiency. Deregulation of equity crowdfunding and private startup investments attract investors, further fueling market growth. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Insurance Technology, or InsurTech, refers to the use of technology to create, distribute, and administer insurance products. This innovative sector is revolutionizing the industry by enabling the creation of ultra-customized policies tailored to individual needs. Social insurance, life & health, auto, marine, liability, buildings, and commercial buildings insurance are just a few areas benefiting from InsurTech. Machine learning and artificial intelligence are key technologies driving personalized offerings. Customer data is analyzed to provide accurate risk assessments and pricing. Cloud computing and deployment models allow for flexible and scalable solutions. Blockchain ensures secure and transparent transactions. Business analytics and IoT devices provide real-time data for risk assessment and claims processing. InsurTech is transforming various insurance sectors, including life & health, auto, marine, liability, buildings, and home insurance. Dwelling coverage and contents coverage are now offered with greater precision and efficiency. The future of insurance is technology-driven, offering customized policies and improved customer experiences. Market Research Overview The InsurTech market refers to the use of technology to create, distribute, and administer insurance products. This includes social insurance, life & health, auto, marine, liability, buildings, and commercial buildings insurance. Customer data is a crucial element, with machine learning and artificial intelligence used for predictions based on consumer needs, purchase quantity, and decision making. Real-time tracking and monitoring information are essential for insured parties, and businesses are leveraging digital solutions to streamline insurance planning. Cloud computing, blockchain, IoT, and big data are transforming the industry, with solutions providers offering digital transformation through on-premise and cloud-based platforms. Chatbots and insurance carriers are also part of this landscape, enhancing customer experience and enabling efficient claim processing. Overall, InsurTech is revolutionizing the insurance industry by providing innovative digital solutions for various business lines and niche customers. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation Application Marketing And Distribution IT Support Claim Management Policy Administration And Management Others Deployment On-premises Cloud Geography North America Europe APAC Middle East And Africa South America 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE TechnavioFor the fifth consecutive time, the Bank of Canada has cut its key interest rate. Down half a per cent, the rate now sits at 3.25 per cent. This, after Canada’s economy grew by one per cent in the third quarter of 2024, and the fourth quarter is looking weaker than projected, according to the Bank of Canada. In London, the CEO of the London – St. Thomas Association of Realtors (STAR), says while it isn’t a big drop, it’s reassuring to see the interest rate head in the right direction. “It's not a huge difference financially, but it's more, I think, the perception and the understanding that it is going to go to a reasonable, a better level. And we're, we're anticipating a really good impact on the market in the new year,” said Bill Madder. “We're quite happy that it's not a huge jump or that we don't anticipate a huge jump in the market. Slow and steady. That's a much better way for a real estate market to go.” Meanwhile, local mortgage experts agree this cut will be positive for the region. “It's going to be a big impact on two fronts. I mean, people that are currently carrying a variable rate mortgage where the payments will fluctuate with the rate. They're going to see a pretty good discount on what they're paying now, which is probably going to alleviate some pressure on them,” said mortgage broker Mike Hattim. “A lot of people, you know, they're fearful of getting into the into the market with home prices being almost three times what they were 10 years ago. I think that now they're going to feel a little bit more comfort in getting into the market. And I think this is a positive.” The Bank of Canada’s next scheduled date for announcing the overnight rate target is Jan. 29, 2025. The Bank of Canada’s next scheduled date for announcing the overnight rate target is Jan. 29, 2025. — With files from CTV’s Mike Le Couteur and CTV London's Brent Lale Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. Editor's Picks 15 Amazon Canada Stocking Stuffers Under $10 That Everyone Will Love 19 Gifts Under $50 That Are Better Than A Gift Card 19 Practical Gifts That Anyone Would Love To Unwrap Home The Good Stuff: Our Favourite Christmas Lights For 2024 Our Guide To The Best Sectional Sofas You Can Get In Canada Our Guide To The Best Electric Snow Shovels In Canada In 2024 (And Where To Get Them) Gifts 25 Last-Minute Secret Santa Gifts From Amazon Canada That’ll Arrive On Time 19 Of The Best Gifts For People Who Love To Cook 28 Crowd-Pleasing Gifts For The Pickiest People On Your List Beauty 12 Budget-Friendly Products To Add To Your Winter Skincare Routine Our Guide To The Best Self Tanners You Can Get In Canada 20 Anti-Aging Skincare Products That Reviewers Can’t Stop Talking About Deals Don’t Walk, Run! These LEGO Kits Are On Sale And Ready To Gift Black Friday May Be Over, But You Can Still Take Advantage Of These Amazing Sales On Amazon Canada It's Officially Travel Tuesday: Here Are The Best Deals On Flights, Hotels, And Vacations London Top Stories Blizzard, snow squall warnings in effect, as much as 80cm possible in some areas Accused in bush bash shooting testifies claiming he feared for his life Man assaults and disarms police in Hyde Park bank: London police Proposal for nurse practitioners at long term care homes welcome news at Ailsa Craig groundbreaking Experts react to Bank of Canada interest rate cut Middlesex resident loses $45,000 in crypto-currency scam: OPP London police say pedestrian threw coffee at driver, threatened them with knife, and fled on city bus 'I'd prefer to put security over commerce': Sarnia mayor reacts to potential border spending CTVNews.ca Top Stories BREAKING | Ontario Premier Doug Ford threatens to cut off energy to U.S. in response to Trump's tariffs Ontario Premier Doug Ford threatened to cut off energy supply to the U.S. in response to the tariffs President-elect Donald Trump plans to impose on all Canadian imports. Elon Musk calls Justin Trudeau 'insufferable tool' in new social media post Billionaire Elon Musk is calling Prime Minister Justin Trudeau 'an insufferable tool' in a new social media post on Wednesday. 'Won't be in power for much longer,' Musk also wrote about the prime minister on 'X.' Trudeau will have to 'kiss the ring' to achieve smoother bilateral relations with Trump: John Bolton If Prime Minister Justin Trudeau wants to get on U.S. president-elect Donald Trump's good side for the sake of a smooth bilateral relationship, he'll likely have to be openly deferential, says former U.S. National Security Advisor, John Bolton. Banks lower prime rates following Bank of Canada move Canadian financial institutions are lowering their prime lending rates to match the decrease announced by the Bank of Canada. Police locate labyrinth of tunnels connecting tents to generator in Hamilton encampment Hamilton police say that they discovered a series of “man-made holes and tunnels” during a patrol of a downtown encampment earlier this week. Police identify murder victim whose skull was found in Ontario river more than three decades ago Police have identified a man whose skull was found almost 40 years ago in a Peterborough-area river. Certain foods may disrupt your body's fight against cancer cells, study says The food you eat may be affecting your body’s ability to fight cancer cells in the colon, according to a new study. Canada Post strike: Talks deadlocked as sides clash on wages Negotiations between Canada Post and the union representing its workers appear to be in a deadlock as the two sides remain far apart on wages and other issues. Poilievre's Conservatives still in majority territory: Nanos seat projections The Liberals' promise of a temporary GST break and $250 rebate cheques haven't benefited Prime Minister Justin Trudeau and his minority government when it comes to public support, according to Nanos Research data. Kitchener Another blast of winter weather coming our way After a few days of warmer weather, winter is making its return. 140-pound dog strolls solo into Giant Tiger store in Stratford, Ont. A furry, four-legged shopper was spotted in the aisles of a Giant Tiger store in Stratford, Ont. on Sunday morning. BREAKING | Ontario Premier Doug Ford threatens to cut off energy to U.S. in response to Trump's tariffs Ontario Premier Doug Ford threatened to cut off energy supply to the U.S. in response to the tariffs President-elect Donald Trump plans to impose on all Canadian imports. Barrie Blizzard and snow squall warnings issued with hazardous travel expected Prepare for some wicked weather expected to hit the region on Wednesday, with heavy snowfall up to 80 centimetres possible and gusty winds creating dicey travel conditions. Driver speeding 155km/h in posted 80 zone in dense fog charged: OPP A motorist accused of speeding 75 kilometres per hour over the posted limit in the Town of Mono through dense fog will have to explain their actions in court. Modified shotgun, axe and drugs seized from vehicle in Midland parking lot: OPP Two people face charges after a driving complaint in Midland led officers to allegedly find drugs, an axe, baton and a modified shotgun. Windsor Kingsville man dies after crash on Manning Road Essex County OPP say Manning Road is closed after a crash involving a dump truck. Ont. woman whose father died in impaired driving collision warns others not to make same mistake An Ontario woman whose father died in an impaired driving collision when she was a baby is urging people to think twice before getting behind the wheel while impaired, saying the decision can affect multiple generations. $64,000 bank fraud suspect arrested Windsor police say a bank fraud suspect, who was wanted in Windsor, has been arrested in York Region. Northern Ontario Sudbury police make big drug bust at apartment connected to assault suspect As Sudbury police continue to investigate Tuesday's assault on Elm Street, a search of the apartment where some of the suspects were found uncovered $135,000 in drugs. Ontario man charged with sex trafficking underage girls from Sudbury, Kingston Two young girls, from Sudbury and Kingston, Ont., were rescued from sex trafficking in the GTA and their suspected abuser has been charged, but police fear there may be more victims. Sudbury family celebrates liberation of their home country of Syria A Syrian family living in Sudbury, Ont., is celebrating a significant political shift in their home country after rebels took over the government. Sault Ste. Marie Ontario man charged with sex trafficking underage girls from Sudbury, Kingston Two young girls, from Sudbury and Kingston, Ont., were rescued from sex trafficking in the GTA and their suspected abuser has been charged, but police fear there may be more victims. Doctor shortage crisis turning into a catastrophe in the north: OMA Northern Ontario doctors are calling on the province to immediately address an acute doctor shortage in northern Ontario. SPONSORED | Is your credit card’s travel insurance enough? When you’re planning a trip, you always want to ensure you have coverage for any unexpected events, whether that’s a medical emergency, needing to cancel a trip at the last-minute (or during the trip!), or even for lost baggage. Many credit cards offer travel insurance as a perk, but do they provide you with enough coverage? Ottawa Council approves 3.9% tax hike in 2025 City of Ottawa budget, hikes senior monthly fares $9 City council has voted to approve the 2025 City of Ottawa budget that will include scaled back fares hikes for seniors and retain youth discount passes while raising taxes across the board for most homeowners. Driver receives $10K in fines for speeding 134 km/h over speed limit on Highway 174 in Ottawa, police say An Ottawa driver faces $10,000 in fines and is banned from driving for two years after being observed going 134 km/h over the speed limit on Highway 174. Canada Post workers rally at headquarters as strike enters fourth week Canada Post workers are continuing their fight for a deal as their strike stretches into its fourth week. Toronto Police locate labyrinth of tunnels connecting tents to generator in Hamilton encampment Hamilton police say that they discovered a series of “man-made holes and tunnels” during a patrol of a downtown encampment earlier this week. BREAKING | Ontario Premier Doug Ford threatens to cut off energy to U.S. in response to Trump's tariffs Ontario Premier Doug Ford threatened to cut off energy supply to the U.S. in response to the tariffs President-elect Donald Trump plans to impose on all Canadian imports. Police identify murder victim whose skull was found in Ontario river more than three decades ago Police have identified a man whose skull was found almost 40 years ago in a Peterborough-area river. Montreal Montreal billionaire Robert Miller facing new sex charges Montreal billionaire Robert Miller is facing new criminal charges as he waits to go on trial on several sex offences. Quebec hockey referees speak out about being subjected to violence on the ice Hockey can be a violent sport but it’s not only the players receiving the blows. In a three-part report, Noovo Info uncovered stories of referees who have been badly injured on the ice, with some suffering scarring, head trauma and PTSD. Montreal plans to turn Molson Brewery site into residential neighbourhood The old industrial Molson Brewery site downtown Montreal will be transformed into a residential neighbourhood with a public park and some 5,000 housing units. Atlantic Officer receives suspension after two Mi'kmaq elver fishers left without boots A federal fisheries officer has been suspended for 10 days without pay for his role in arresting two Mi'kmaq elver fishers late at night and releasing them in only their socked feet. Truro man wanted on provincewide warrant: N.S. RCMP The RCMP is searching for a man from Truro, N.S., who is wanted on a provincewide warrant. Maritime weather: Rainy, windy weather moves through region More rain and wind are ahead for the Maritimes Wednesday through Thursday, with weather warnings in effect for parts of the region. Winnipeg Winnipeggers face 5.95 per cent property tax increase in budget Winnipeggers will be paying more property taxes than expected next year. Manitoba nurse found not criminally responsible for killing parents has licence to practice suspended A Manitoba nurse who was found not criminally responsible for killing his parents and attacking another nurse in a Winnipeg hospital has been suspended from practicing. Woman, 72, dies following crash on Highway 41: RCMP A 72-year-old woman is dead following a crash on an icy Manitoba highway Tuesday morning. Calgary 'Scared and confused': 9-year-old Calgary girl recalls terrifying experience being stuck in stolen vehicle A Calgary girl who was sitting in her dad's vehicle when it was stolen on Monday night is speaking out about the horrifying experience, along with her father. Woman found badly injured along Nose Creek Pathway dies in hospital A woman who was on life support after she was found badly injured in Calgary's northeast has died. Multi-vehicle highway collision in southern Alberta leaves 4 dead, 1 injured Four people are dead following a multi-vehicle crash in southern Alberta on Monday evening. Edmonton Accused in killing of apartment security guard have extensive criminal histories A man and a woman charged in the killing of a security guard in Edmonton will spend Christmas and New Year's behind bars. Edmonton police acted reasonably in 2022 shooting that killed innocent man: police watchdog Alberta's police watchdog has cleared three Edmonton police officers in the death of a civilian in his apartment in 2022. Crash involving school buses ties up south Edmonton traffic Two school buses carrying children were involved in a crash in south Edmonton Wednesday morning. Regina Extreme cold warnings issued for Regina, Saskatoon and much of eastern Sask. Extreme cold warnings are now in effect as Saskatchewan enters a cold snap, which is expected to last until the end of the week. Sask. hockey coach convicted of historic sex crime back on day parole after 'behavioural concerns' A former WHL coach found guilty last year of sexually assaulting a teen boy is back on day parole. SaskPower bills to rise an average of 2.9% in 2025 due to carbon tax rate increase Residents in Saskatchewan will see a slight increase in their power bills come the new year, as the federal price on carbon is set rise. Saskatoon Cold weather in Saskatchewan spurs furnace breakdowns, carbon monoxide concerns The return of bitterly cold temperatures has first responders and HVAC technicians on stand-by, ready to respond to emergencies. 'Whatever anybody can donate': Sask. man uses school bus to help people stay warm A Saskatchewan man who turned a school bus into a warmup shelter says his nonprofit desperately needs donations. Sask. hockey coach convicted of historic sex crime back on day parole after 'behavioural concerns' A former WHL coach found guilty last year of sexually assaulting a teen boy is back on day parole. Vancouver Distress call leads to discovery of camper's body on Vancouver Island Mounties say a 42-year-old man who was camping on Vancouver Island has been found dead after rescuers were alerted to a distress signal from his satellite communication device. Charges laid in New Westminster triple-stabbing Police in New Westminster say a 30-year-old suspect has been charged with three counts of aggravated assault in connection to a stabbing that occurred back in October. B.C. company appealing nearly $230K fine for failing to report transactions originating from Iran A Surrey-based "money services business" is appealing a roughly $230,000 fine levied against it by Canada's anti-money-laundering and terrorism financing regulator. Vancouver Island Distress call leads to discovery of camper's body on Vancouver Island Mounties say a 42-year-old man who was camping on Vancouver Island has been found dead after rescuers were alerted to a distress signal from his satellite communication device. No Santa, no Rudolph: B.C. mother questions lyric changes for son's school concert A Saanich, B.C., mom is questioning why her son came home from school with the words “Santa,” “Rudolph” and “Christmas” crossed out on a lyric sheet for his winter concert. Commercial truck driver fired, facing charges after parked cars struck in Metro Vancouver A commercial truck driver has been fired and is facing potential impaired driving charges after police say his tractor-trailer collided with four parked cars in Port Coquitlam, B.C. Stay ConnectedFrom Caribbean favourites to everyday vegetarian recipes: Observer Food Monthly’s best food books of 2024
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3 Top ETFs I'm Planning to Buy Hand Over Fist in 2025, Despite All the Cheap Stocks on My RadarHEICO Corporation ( NYSE: HEI ) Q4 2024 Earnings Call Transcript December 18, 2024 9:00 AM ET Company Participants Laurans Mendelson - Chairman and CEO Eric Mendelson - Co-President & President of Flight Support Group Victor Mendelson - Co-President & President of Electronic Technologies Group Carlos Macau - EVP and CFO Conference Call Participants Larry Solow - CJS Securities Scott Mikus - Melius Research Ken Herbert - RBC Capital Markets Gautam Khanna - TD Cowen Sheila Kahyaoglu - Jefferies Scott Deuschle - Deutsche Bank Noah Poponak - Goldman Sachs Michael Ciarmoli - Truist Securities Pete Skibitski - Alembic Global David Strauss - Barclays Ron Epstein - Bank of America Louis Raffetto - Wolfe Research Operator Welcome to the HEICO Corporation Fourth Quarter 2024 Financial Results Call. My name is Samara, and I will be your operator for today's call. Certain statements in this conference call will constitute forward-looking statements, which are subject to risks, uncertainties, and contingencies. HEICO's actual results may differ materially from those expressed in or implied by those forward-looking statements. Factors that could cause such differences include the severity, magnitude and duration of public health threats, such as the COVID-19 pandemic; HEICO's liquidity and the amount and timing of cash generation; lower commercial air travel, airline fleet changes or airline purchasing decisions, which could cause lower demand for our goods and services; product specification costs and requirements, which could cause an increase to our costs to complete contracts; governmental and regulatory demands, export policies and restrictions, reductions in defense, space or homeland security spending by US and/or foreign customers or competition from existing and new competitors, which could reduce our sales; our ability to introduce new products and services at profitable pricing levels, which could reduce our sales or sales growth; product development or manufacturing difficulties, which could increase our product development and manufacturing costs and delay sales; cybersecurity events or other disruptions of our information technology systemsReality TV show legend Pete Wicks has broken his silence after becoming the latest celebrity to leave Strictly Come Dancing. The former TOWIE star and dance partner Jowita Przystal missed out on a place in the final during tonight's Results Show as they lost the dreaded dance-off for the first time. While many will miss Pete on their screens, some Strictly fans feel the Celebs Go Dating star lasted longer in the competition than he should of and accused the judges of showing favouritism. Taking to Instagram as his exit aired on BBC One, Pete seeming addressed the criticism as he told fans you "don’t always have to be the best or have the most talent" to excel. He penned: "The past 3-4 months have been nothing short of incredible. I spent 12 weeks saying my time in the show was gonna be over and each week I was wrong...until now. I couldn’t be happier with the way it ended, there is no one I would have rather been in a dance off with than Tasha. She is the most beautiful dancer, the most beautiful person inside and out and I’m so proud of her for making the final because she deserves it so much. He continued: "The only reason I stayed in the show for so long is because of you, the people. You supported me throughout and that is something I’ll never be able to forget and something I never expected. We went on this journey together, the ups and downs and with the right attitude, it’s about learning and it’s about entertaining. I tried my best from day 1 and I took the show seriously, I did what I could and I appreciate every single one of you that gave me the opportunity to keep doing that week on week. You don’t always have to be the best or have the most talent, but you should never stop trying! Thank you. "The show isn’t just what you see on a Saturday night, it’s not all jazz hands...there are an unbelievable amount of wonderful people that make it all happen. From top to bottom, the people that make the show are f**king magical. Every department is full of people who care, who create and work so hard to make Strictly what it is. Thank you all for putting up with me for so long!" Pete concluded: "Lastly but most importantly, this experience wouldn’t have been anything without Jowita. She believed in me since the first day and never stopped. She supported me, listened to me, made me laugh and cry but most of all she made me believe in myself when I didn’t think I could do it. We did everything our way, and for me that was the right way. I’m so sorry that I couldn’t get you to a final, I tried my best and you deserve to be there. The show may have ended for us but one thing won’t, you will always have a friend in me. You have become such a special person in my life and just because that won’t continue on a ballroom floor doesn’t mean it won’t continue. Unfortunately for you, you’ve gained a friend for life. You will always be my dancing gnome." Speculation over Pete 's romance with his professional dance partner Jowita , has been as much of a talking point as his performances on Strictly Come Dancing . And while the pair have done their best to avoid addressing speculation, it seems they have formed an incredibly strong bond over recent months. And Jowita made her feelings known when she spoke about Pete's dancing journey since joining the BBC show. When asked about her time on the competition the professional dancer said: "I just want to say thank you, thank you for the trust you have given me since day one. I know it wasn’t easy, but with your hard work, your commitment and your heart, which is the most amazing thing, you were winning every week. For me, every dance was special ... even the cha cha in Blackpool!" She added: "Remember on day one you said ‘I’m not going to stay long in this competition because I cannot dance’ but now I can say to you, yes you can." Meanwhile, Pete called Jowita his "ray of sunshine", as he praised her for his incredible journey. Speaking of his time on the show, Pete said: "It’s been wild. I’ve been quite honest about the fact that I didn’t necessarily want to do this (Strictly) in the first place, but everyone else wanted me to do it, and I am so, so glad that I did it. You don’t always have to be the best, but if you enjoy something then why shouldn’t you have a go at it? I’ve tried my best from day one, I said I was in for a penny, in for a pound and I’ve done it – it’s been beautiful." And when asked about his partner, he continued: "There’s a lot of things I’m going to take away from this, but one of the most special things is you (to Przystal) and I mean that, because you’re one of the most incredible people – not just as a dancer – but as a person. You’ve been a ray of sunshine for me. You’ve helped me through things in the past three months that I didn’t think I could do and you made me believe in myself and that means more to me than anything." Their affectionate exchange comes after the pair teased fans towards the end of their Argentine Tango, as it looked as though they were about to kiss. Resting in his arms with her head tilted back, the pair were seen clutching each other's face and viewers were led to believe that they were about to lock lips. And this did little to dispel romance rumours among fans. Taking to social media, one fan wrote: "Wow Pete the near kiss at the end." Another fan asked: "Did they kiss then?" A third person commented: "Did look like Pete and Jowita was going to kiss, they were that close." Meanwhile a fourth person said: "The speed in which I zoomed to check if it was a real kiss." Follow Mirror Celebs on TikTok , Snapchat , Instagram , Twitter , Facebook , YouTube and Threads
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Jaipur, Dec 8 (PTI) Sapta Shakti Command organised a run to honour the Army veterans for their selfless service and patriotism, an official said on Sunday. Against the backdrop of a crisp winter morning, the run commenced at the Albert Hall with participants racing under the rising sun. The event brought together veterans, soldiers, NCC cadets, professional runners, para-athletes, citizens, specially abled children and organ transplant survivors, defence spokesperson Colonel Amitabh Sharma said. Also Read | Latest Government Jobs Notifications: Apply for 128 Apprentice Posts of Kolkata Metro Railway Recruitment 2024 at mtp.indianrailways.gov.in, Check Details Here. He said that the various categories of runs were flagged off by Colonel Rajyavardhan Singh Rathore, Minister of Information Technology and Communication, Industries and Commerce, Government of Rajasthan, Lt Gen Manjinder Singh, Army Commander, Mrs. BarinderJit Kaur, Regional President AWWA, Lieutenant General Harbinder Singh Vandra, Chief of Staff, Sapta Shakti Command and Sandeep Bhatnagar, Chief General Manager, State Bank of India. Addressing the gathering, Colonel Rathore lauded the participants for their dedication and underscored the significance of honouring the nation's Veterans. The presence of brand ambassadors like Asian Marathon Champion Sunita Godara, Sangeet Bishnoi, and para-athlete Colonel Anuj Bindra further energised the participants. Also Read | MP SET Admit Card 2024: Hall Ticket for Madhya Pradesh State Eligibility Test Exam Out at mppsc.mp.gov.in, Get Direct Link and Know Steps To Download. The mega event included 21 Km, 10 Km, 05 Km timed runs and 03 Km non-timed runs. Prizes up to Rs 30 lakh were distributed to the winners of various categories, promoting fitness, encouraging participation and recognising exceptional performances. The event concluded with jubilant celebrations, echoing the spirit of unity and respect for the veterans. (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)Kashmir: Switzerland of India in Spirit, Not in Substance Often touted as the “Switzerland of India,” Kashmir is blessed with unparalleled natural beauty, lush valleys, snow-capped peaks, and pristine rivers. Yet, a stark disparity exists between this metaphor and the ground reality. With a landmass and population comparable to Jammu and Kashmir, Switzerland is a symbol of prosperity, global connectivity, and robust economic stability. In contrast, Kashmir struggles with economic stagnation, political instability, and social strife. What prevents Kashmir from achieving economic robustness as Switzerland has? This question demands a deep dive into the factors at play and a roadmap for priorities the Union Territory (UT) administration must focus on. The Swiss Success Model Often touted as Switzerland of India, why can’t Kashmir be Switzerland itself? Switzerland’s prosperity stems from its stable political system, skilled workforce, robust infrastructure, export-driven industries, and financial systems. Its neutrality, innovation in science and technology, and tourism industry further bolster its economy. Kashmir, despite its natural advantages, has lagged due to a combination of historical, political, and socio-economic factors. Key Factors Hindering Kashmir’s Growth Decades of conflict have created an environment of uncertainty in Kashmir. The lack of political stability has discouraged domestic and international investment. While Switzerland thrives on neutrality, Kashmir remains entangled in geopolitical tensions, both domestically and with neighboring countries. This uncertainty disrupts governance, policy implementation, and economic planning. Modern infrastructure is the backbone of any prosperous economy. While Switzerland boasts cutting-edge transport, energy, and digital infrastructure, Kashmir struggles with inadequate roads, unreliable power supply, and limited internet access. Poor infrastructure hampers industries like tourism, agriculture, and manufacturing from reaching their full potential. Tourism, the cornerstone of both Switzerland’s and Kashmir’s economies, paints a grim picture in the latter. While Switzerland attracts millions of tourists annually due to its world-class facilities and marketing, Kashmir sees fluctuating tourist numbers due to security concerns, lack of luxury accommodations, and seasonal accessibility issues. Additionally, the absence of diversified tourism avenues — like adventure sports, wellness retreats, and winter tourism — limits its appeal. Switzerland’s industrial economy is diversified, ranging from pharmaceuticals to precision engineering. Kashmir, on the other hand, remains predominantly agrarian, with limited industrial growth. Its handicraft and carpet industries lack modernization and access to global markets, while agriculture is marred by outdated techniques, fragmented landholdings, and inadequate irrigation. The region suffers from chronic unemployment, leading to a brain drain. Talented youth migrate in search of better opportunities, depriving the region of skilled human capital. In Switzerland, education systems are aligned with market demands, ensuring the retention of talent and fostering innovation. Cumbersome regulations and red tape deter investments in Kashmir. The lack of ease of doing business compared to Switzerland hampers the region’s ability to attract entrepreneurs and investors. Kashmir’s natural environment, its greatest asset, is under threat from deforestation, unregulated construction, and pollution. In contrast, Switzerland has harmonized development with environmental conservation, ensuring long-term sustainability. Priority Areas for the UT Administration To transform Kashmir into an economic powerhouse akin to Switzerland, the administration must adopt a multi-pronged approach. Below are priority areas that demand immediate and sustained attention: The foremost prerequisite for progress is political and social stability. Confidence-building measures (CBMs) between communities, conflict resolution initiatives, and fair governance are critical. Trust in institutions must be rebuilt, paving the way for long-term development. The administration must prioritise infrastructure development. This includes: A modern infrastructure base would facilitate industrialisation and boost tourism. Tourism must be diversified and professionalised: Investments in high-end accommodations, seamless transport, and cultural preservation can make Kashmir competitive with global destinations. Transforming agriculture into a high-value sector is crucial: The administration must align education with market demands through skill development programs. Vocational training, especially in tourism, IT, and manufacturing, can equip youth with employable skills. Creating jobs locally would reduce brain drain and strengthen the regional economy. Ease of doing business must be prioritised by streamlining bureaucratic processes. Transparent and investor-friendly policies will attract domestic and foreign investment. The administration should also foster public-private partnerships to expedite development projects. The natural beauty of Kashmir must be preserved for future generations. Strict environmental regulations, afforestation drives, and sustainable tourism practices are essential. Switzerland’s model of balancing development with conservation can serve as a guide. A Vision for the Future Imagine a Kashmir with bustling international airports, seamless highways connecting picturesque towns, and a thriving industrial sector. Picture farmers earning premium prices for organic produce and artisans showcasing their work in global markets. Envision youth engaged in high-value jobs, tourists flocking year-round, and an environment protected by robust conservation efforts. This vision is achievable. The road to transforming Kashmir into the Switzerland of India requires a clear vision, resolute governance, and active participation from all stakeholders. While challenges persist, the UT administration holds the reins to rewrite Kashmir’s destiny. In the words of Robert Frost, “The woods are lovely, dark, and deep, but I have promises to keep, and miles to go before I sleep.” For Kashmir, these promises are of peace, prosperity, and potential fulfilled. With determined effort, the metaphor of “Switzerland of India” can transcend from a mere comparison to a tangible reality. An author, a communications strategist, Dr Sanjay Parva was a debut contestant from 28-Beerwah 2024 Assembly Constituency
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