Latest news with #2007
Irish Examiner
a day ago
- General
- Irish Examiner
Three men arrested in Tipperary following garda operation
Three men aged in their 30s and 40s have been arrested as part of a major search and arrest operation in Tipperary. Gardaí from Tipperary Town, Thurles, Clonmel and Cahir carried out the operation on Tuesday morning. Gardaí said the operation was targeting an organised crime group suspected of being involved in a number of thefts and burglaries across the Tipperary Division that occurred between January 2023 to March 2024. A domestic residence was also searched and a number of items were recovered, including tools and gardening equipment. The three men who were arrested were conveyed to Garda stations in Co Tipperary. They are currently being detained under the provisions of Section 50 of the Criminal Justice Act, 2007. Investigations are ongoing, a spokesperson said. Read More Carlow gunman with 'fascination for firearms' was on bail for gun charges and due back in court
Yahoo
3 days ago
- Business
- Yahoo
This CEO went from bagging groceries at Publix to founding a $3.4 billion cyber company—with little tech background
Despite lacking a ritzy degree or much background in tech, Gen Xer Brian Murphy built ReliaQuest into a billion-dollar firm off the heels of credit card debt and a dream. Now his company is now valued at $3.4 billion and headed down an IPO pathway. The secret? Recognizing failure is inevitable, he tells Fortune. Brian Murphy couldn't have started his company at a worse time. It was late 2007, and Murphy had just quit his cushy corporate accounting job with big plans to build out his own information technology firm called ReliaQuest. But the financial crisis had other ideas. In a 40-day period, nearly all of his business disappeared into thin air, leaving him and his eight employees scratching their heads on how to stretch one single government sub-sub-contract focused on cybersecurity of overseas satellite terminals into a sustainable business. And despite 'turmoil for nine years,' he didn't throw in the towel—he doubled down on his belief that a growing digital age would cause a cyber explosion. 'At some point, you're far enough away from shore. You've already burned the lifeboats that you know swimming back isn't really possible, so let's just keep moving forward,' Murphy tells Fortune. Along the way, Murphy was forced to take out a second mortgage on his house, max out his credit cards, and eliminate his own salary. But over a decade and a half since its founding, the company is now a leader in B2B cybersecurity operations with its flagship 'GreyMatter' software. ReliaQuest has over 1,200 employees across three continents, with top clients including multiple billion-dollar companies like Southwest Airlines, Circle K, and Tractor Supply Co. Earlier this year, a funding round valued ReliaQuest at $3.4 billion. 'It just shows you, sometimes luck is undefeated,' Murphy tells Fortune. And while the 48-year-old may call it luck, others may call it hard work. The next stop? An IPO. Like many people growing up in Florida, Murphy was first exposed to the world of business bagging groceries and pushing carts at his local Publix Supermarket (interestingly, Murphy's brother is now the CEO of Publix). The lessons he learned as a teenager are just as relevant today. 'It taught me the customer,' he says. 'And that idea that you don't point the customer to the ketchup aisle, you walk them over there, and you show them the five or six different kinds.' But Murphy's sights were not always set on the tech industry. In fact, he studied accounting and finance at Florida State University before starting what he imagined would be a long career as an auditor. It wasn't until he was drawn into tech consulting and learned to program that he recognized the industry's potential. Now, as a founder and CEO, the biggest challenge to overcome is accepting that failure is inevitable and pleasing everyone can be an impossible task. 'It doesn't matter how good you are or how much you work, or how diligent you are on 'the grind.' You're always failing someone,' Murphy says. 'It's the most out-of-balance journey—ever.' For aspiring Gen Z entrepreneurs, he offers two pieces of advice: show up willing to work hard, and don't shy away from voicing your opinion. 'You're not always going to be right, but if you say nothing, you're always going to be wrong,' Murphy says. 'As you get older, you learn that sometimes the best thing to do is shut up, but when you're young, you want to stand up and talk as much as you can to get that experience.' One of the things that sets ReliaQuest apart from its competitors in the cybersecurity space is that the company is based in Tampa, Florida, not in Silicon Valley. According to Paul Shoukry, CEO of Raymond James Financial (a fellow Tampa-based company), ReliaQuest's emphasis on staying well-grounded in its community is what's helped find success. In fact, he goes so far to say that Murphy is a 'once in a generation-type entrepreneur.' 'He's got a drive that is very hard to match in terms of his dedication to the business and to his people, and the intensity around which he built the business,' Shoukry, who also is a member of ReliaQuest's board, tells Fortune. 'He's just very real, and tells you like it is,' he adds. 'Whenever you ask him a question, he's never going to beat it around the bush. He's never going to give you a polished answer. For better, for worse, he's just a really authentic person.' This story was originally featured on
Entrepreneur
27-05-2025
- Business
- Entrepreneur
This is a BIGGER DEAL Than Tariffs
This could be a bigger deal than tariffs … And here are two stocks benefiting from this under-the-radar trend. This story originally appeared on WallStreetZen In recent weeks, a major topic of discussion among traders and investors is about trade deals and the state of the market. It's fair to say that these issues have dwarfed the other opportunities and risks that were on the minds of investors, prior to "Liberation Day'. Smartphone Analogue It reminds me of the 2007-2009 period, and what happened with smartphones. The iPhone was first introduced in June 2007. As expected, Apple's (NASDAQ: AAPL) stock enjoyed a spectacular rally as investors became excited about its prospects. The stock had rallied by 45% in the weeks leading up to the announcement and then tacked on another 50% in the ensuing months. Yet, the exuberance and Apple's stock came to a crashing halt as the financial crisis began to spread throughout the economy. And, it eventually infected Apple as its stock declined by more than 60% from its high in 2007 to its low in 2009. In hindsight, it's clear that not even a once-in-a-century financial crisis could affect the inevitability of smartphones becoming ubiquitous. And, the financial crisis provided a rare opportunity to acquire Apple with lower risk and at lower prices. Apple went on to be a major market leader, and the stock is up by more than 6,800% since its 2009 low. Electricity is the New Oil I believe that investors may be missing out on another major, secular opportunity due to current tariff uncertainty and headline risk. Electricity demand is rapidly increasing due to AI, electric vehicles, newer heating and cooling systems, reshoring of critical industries, and data centers. By 2030, electricity demand in the US is projected to increase by 25% which would require an additional 38 gigawatts to meet peak demand needs. This is equivalent to California's current capacity for producing electricity. Meanwhile, the utility sector is completely unprepared to meet this moment. Over the last two decades, growth in electricity demand has been flat. This has led to significant consolidation in the sector and underinvestment in capital expenditures. Thus, trillions will have to be spent on these efforts in the coming years in order to upgrade infrastructure and generate increased levels of electricity. In fact, increasing electricity production may be one of the few areas of agreement for conservatives and liberals. For Democrats, more electricity is integral to the battle against climate change and reducing emissions. For Republicans, the project is essential to re-shoring critical industries and boosting manufacturing. 2 Stocks to Consider A major factor in this electrification trend is the boom in AI and data centers. Emcor (NYSE: EME) manufactures advanced fiber-optic and photonic products that are essential for efficient data transmission. The data center boom is in its infancy, yet, EME's EPS has climbed from $7 to $26 over the last 5 years. The stock is also quite cheap with a forward P/E of 18, and earnings expectations that have been hiked for the last 11 quarters. EME is also part of the Zen Investor portfolio. Each stock in the Zen Investor portfolio is hand-picked by 40+ year market veteran Steve Reitmeister, who uses a rigorous 4-step screening process to locate the highest-potential stocks. Click here to check out other stocks in the Zen Investor portfolio. KBR (NYSE: KBR) is a global leader in engineering and construction consulting services. Engineering companies will also benefit from this secular trend, yet KBR stands out due to its expertise in these types of large-scale projects. KBR is a leader in designing and building data centers, grid resilience initiatives, power-generation projects, and working with the government on major industrial projects. KBR is also highly rated by the Zen Ratings with a Strong Buy (A) rating. A-rated stocks have produced an average annual return of 32.5% which outpaces the S&P 500's average annual gain of 10.8%. Conclusion The best investments are riding unstoppable trends. Yes, market tantrums and uncertainty can affect them in the short-term but won't derail their destiny. Increasing electricity needs are one such trend. Investors should seize this opportunity and consider high-quality stocks like EME and KBR that are well-positioned to reap the rewards. What to Do Next?
Yahoo
25-05-2025
- Sport
- Yahoo
Sixers draft history: Jason Smith acquired from the Heat in 2007
With the NBA draft right around the corner, now is the time to look at some past drafts and see what the Philadelphia 76ers have done in their history. The Sixers have selected some big-time players in the past who have become an important part of the fabric of the franchise's history. This series continues by staying in 2007. The Sixers already made a first-round pick with the selection of Thaddeus Young, but they decided to make a move for another big man later in the first round. The Miami Heat had selected Jason Smith out of Colorado State with the No. 20 overall pick, but the Sixers sent Daequan Cook and a 2009 second-round pick to Miami for Smith. Advertisement In his rookie season, Smith helped the Sixers make the playoffs as he played in 76 games for them. He averaged 4.5 points and 3.0 rebounds as a rookie backup big man. He missed all of the 2008-09 season due to injury before returning in 2009-10 and playing in 56 games. He was then sent to the then-New Orleans Hornets in the 2010 offseason. Smith lasted 11 seasons in the league playing for the Sixers, Hornets/Pelicans, New York Knicks, Orlando Magic, Washington Wizards, and Milwaukee Bucks. He had career averages of 6.1 points and 3.4 rebounds in the NBA. This article originally appeared on Sixers Wire: Sixers draft history: Jason Smith acquired from the Heat in 2007
Daily Mail
19-05-2025
- Health
- Daily Mail
EXCLUSIVE My autistic daughter couldn't talk until a revolutionary treatment delivered life-changing results
When Jennifer Celeste Briggs gave birth to her daughter Sarah in 2007, she was so small she only fit into clothing made for preemies - but she seemed to be in good health. By six months, though, Briggs noticed something was 'really different.' Sarah wasn't rolling over, lifting her head, or reaching for toys like other babies her age. Your browser does not support iframes.
