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Associated Press
13-05-2025
- Business
- Associated Press
Stack Sports and Florida Coaches Coalition Announce Strategic Partnership to Support Coaches Across The State
ORLANDO, Fla., and PLANO, Texas, May 13, 2025 (SEND2PRESS NEWSWIRE) — Stack Sports, the leading provider of sports management solutions, is proud to announce a new strategic partnership with the Florida Coaches Coalition (FCC), the principal advocate and leadership organization for coaches in Florida. This collaboration will help provide resources and technology for high school, middle school, and youth coaches throughout the state. As part of the partnership, Stack Sports will serve as the Official Website and Registration Provider, Official Mobile Communication Provider, and Official Streaming Provider for FCC. This will provide FCC and its members with industry-leading tools to improve communication, streamline operations, and support the professional development of coaches at all levels. 'We are thrilled to partner with the Florida Coaches Coalition in their mission to support and advocate for coaches across the state,' said Jeff Young, CEO of Stack Sports. 'By providing access to best-in-class technology and resources, we are committed to helping coaches grow the game and positively impact young athletes.' Key Benefits of the Partnership: 'As the Executive Director of the Florida Coaches Coalition, I am thrilled to announce our new partnership with Stack Sports, a recognized leader in the athletics industry,' said Andrew Ramjit. 'When seeking a partner to support our growing association—now exceeding 15,000 members—it was essential to align with a brand that truly understands the needs of our coaches. Stack Sports has a proven track record of delivering innovative technology solutions, and their reputation speaks for itself. We are excited for them to power our website and messaging app, ensuring seamless communication and resources for our coaches across the state. This collaboration represents our commitment to providing top-tier support to our members, and we look forward to the impact it will have on the future of coaching in Florida.' This partnership underscores Stack Sports' continued dedication to advancing youth sports through innovative technology and strategic collaboration. For more information about Stack Sports and its solutions, visit About Stack Sports: With nearly 50 million users in 35 countries, Stack Sports is a global technology leader in SaaS platform offerings for the sports industry. The company provides world-class software and services to support national governing bodies, youth sports associations, leagues, clubs, parents, coaches, and athletes. Some of the largest and most prominent sports organizations including the U.S. Soccer Federation, Little League Baseball and Softball, and Pop Warner Little Scholars rely on Stack Sports technology to run and manage their organizations. Stack Sports is headquartered in Dallas and is leading the industry one team at a time focusing on four key pillars — Grassroots Engagement, Participation Growth, Recruiting Pathways, and Elite Player Development. To learn more about how Stack Sports is transforming the sports experience, please visit About Florida Coaches Coalition: The Florida Coaches Coalition (FCC) was founded in December 2021 by Dr. Andrew Ramjit, then County Athletic Director of Brevard Public School to advocate for improved compensation and working conditions for high school coaches across the state. The coalition was founded in response to concerns over outdated supplemental pay systems, which have not kept pace with inflation and the rising cost of living. Beyond pay, there was a need in Florida to unify coaches across all sports and levels (high school, middle school, and youth). The coalition began as a grassroots movement under the hashtag #PayFLCoaches, gaining rapid traction through social media. Dr. Ramjit's initial tweet highlighting the issue went viral, amassing over 500,000 impressions and drawing national media attention. Since its inception, the FCC has grown into Florida's largest coaching organization, boasting over 15,000 members representing more than 1,200 teams statewide. The FCC's mission is to 'fight for the rights of every Florida coach,' focusing on areas such as fair compensation, improved working conditions, and access to professional development resources. Florida Coaches Coalition is a 501(c)(3) non-profit organization. LOGO LINK for media: NEWS SOURCE: Stack Sports Keywords: Sports and Activities, Stack Sports, Florida Coaches Coalition, FCC, sports coaches in Florida, ORLANDO, Fla. This press release was issued on behalf of the news source (Stack Sports) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P126153 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
USA Today
26-04-2025
- Business
- USA Today
As giant tech stocks stumble, diversified investment approaches look better again
Hear this story After a recent stock market decline, investors are reminded of the importance of a balanced investment portfolio. Diversification involves spreading investments across different asset classes like stocks, bonds, and real estate to mitigate risk. Financial advisors recommend rebalancing portfolios regularly to maintain diversification and capitalize on market fluctuations. Up until the last few weeks, some investors probably didn't think much about diversifying. Many were content to let their investment dollars ride on the backs of the "Magnificent Seven" giant technology stocks, which seemingly could only rise in value. But the recent stock-market stumble, spearheaded by Tesla and other tech giants, serves as a wake-up call that building a balanced investment portfolio should be taken seriously, and revisited at least once a year, if not sooner. The market stumble, or correction, came swiftly, knocking off more than 10% of the value of the FT Wilshire 5000 Index over three weeks. This broad index tracks more than 3,000 mostly U.S. stocks. Corrections refer to drops of at least 10%, with bear markets defined as declines of 20% or greater. Prices have bounced back a bit, though the upward momentum appears to have stalled amid rising anxiety over tariffs, lingering inflation issues, federal-workforce layoffs and other issues. Some giant tech stocks stumbled much more severely such as Tesla, which has lost roughly half its value since mid-December. 'The allure of chasing performance led some to evaluate whether diversification had lost its edge in an era dominated by a few unstoppable market leaders,' said Wilshire Associates in a recent commentary. But now, after declines focused on the big tech giants, Wilshire added that investors 'who remained patient and adhered to a balanced approach are now realizing the benefits of discipline and diversification.' Need a break? Play the USA TODAY Daily Crossword Puzzle. How to build a diversified investment portfolio Diversification is the strategy or process of spreading money among a mix or range of assets with different traits, especially risk levels. Diversifying among stocks means buying companies of different sizes and of varying industries and geographic footprints. It extends to different types of assets entirely, including bonds, real estate, gold, cash or money-market holdings. Mutual funds and exchange-traded funds often are used, especially to fill gaps where individual stocks or bonds might not be easy to select, such as with foreign markets. Professionals routinely follow a diversified approach, but it has been easy to ignore with giant tech stocks on such a roll until recently. "Big tech outperformed just about everything else last year," said Jenna Biancavilla, principal at Pearl Capital Management in Phoenix. "A lot of people who have written off international (stocks) or bonds aren't properly diversified." Jeff Young, senior wealth manager at Kierland Financial Group in Scottsdale, said he always recommends diversified portfolios for long-term investors. He rebalances once a year, a process that involves subtracting a bit of money from categories that have performed especially well and reinvesting the proceeds in laggards. Biancavilla said she favors rebalancing every quarter. The major asset categories Young favors are stocks, bonds, real estate and cash, including funds that own individual securities within those categories. Each of the categories has subgroups, he added. For example, equities or stocks can be broken down into U.S. or international, large or small, value or growth. The bond or fixed-income category might include government, corporate or tax-free municipal issues. Real estate can include individual properties, REITS (real estate investment trusts) or funds that hold these assets. "My usual advice is not go to more than 50% (of an investment portfolio) in real estate," Biancavilla said. A plan for riding out investment turmoil Diversified portfolios, with the differing risk and return traits of their individual components, essentially help investors devise a plan to help ride out corrections, like the one that began earlier this year and still might be ongoing. 'Corrections are part and parcel of the investment process, and smart investors understand that,' Young said. 'Most successful investors have a plan, and they stay with that plan irrespective of temporary market conditions.' Investment researcher Morningstar recently analyzed the mutual funds and exchange-traded funds that either created the most wealth or destroyed it over a recent 10-year period. Morningstar found that nine of the 15 best wealth-creating funds follow indexes and feature low costs, since their managers are not trying to pick individual stocks or bonds. Many of the biggest wealth-destroying funds were those that targeted narrow, specialized or volatile investment categories such as commodities, natural resources or emerging markets. Morningstar's definition of value creation or destruction measures total investment returns adjusted for a fund's size, reflecting the number of investors who hold the fund. 'Performance is less meaningful if few shareholders are around to benefit from it,' wrote Morningstar's Amy Arnott. The two top value-creating funds were Vanguard Total Stock Market Index and Vanguard 500 Index. For decades, portfolio diversification has been a cornerstone of investment strategy, widely accepted as a time-tested method to mitigate risk and weather market volatility, Wilshire said. But the recent hot streak of a relative handful of high-performing stocks tested the notion. 'We see this moment as a stark illustration of what successful investing demands: not just the foresight to build a diversified portfolio but the discipline to maintain it through market cycles,' Wilshire said. 'This recent bout of volatility serves as a reminder of the long-term enduring value proposition of diversification.' Reach the writer at
Yahoo
31-03-2025
- Business
- Yahoo
As giant tech stocks stumble, diversified investment approaches look better again
Up until the last few weeks, some investors probably didn't think much about diversifying. Many were content to let their investment dollars ride on the backs of the "Magnificent Seven" giant technology stocks, which seemingly could only rise in value. But the recent stock-market stumble, spearheaded by Tesla and other tech giants, serves as a wake-up call that building a balanced investment portfolio should be taken seriously, and revisited at least once a year, if not sooner. The market stumble, or correction, came swiftly, knocking off more than 10% of the value of the FT Wilshire 5000 Index over three weeks. This broad index tracks more than 3,000 mostly U.S. stocks. Corrections refer to drops of at least 10%, with bear markets defined as declines of 20% or greater. Prices have bounced back a bit, though the upward momentum appears to have stalled amid rising anxiety over tariffs, lingering inflation issues, federal-workforce layoffs and other issues. Some giant tech stocks stumbled much more severely such as Tesla, which has lost roughly half its value since mid-December. 'The allure of chasing performance led some to evaluate whether diversification had lost its edge in an era dominated by a few unstoppable market leaders,' said Wilshire Associates in a recent commentary. But now, after declines focused on the big tech giants, Wilshire added that investors 'who remained patient and adhered to a balanced approach are now realizing the benefits of discipline and diversification.' Diversification is the strategy or process of spreading money among a mix or range of assets with different traits, especially risk levels. Diversifying among stocks means buying companies of different sizes and of varying industries and geographic footprints. It extends to different types of assets entirely, including bonds, real estate, gold, cash or money-market holdings. Mutual funds and exchange-traded funds often are used, especially to fill gaps where individual stocks or bonds might not be easy to select, such as with foreign markets. Professionals routinely follow a diversified approach, but it has been easy to ignore with giant tech stocks on such a roll until recently. "Big tech outperformed just about everything else last year," said Jenna Biancavilla, principal at Pearl Capital Management in Phoenix. "A lot of people who have written off international (stocks) or bonds aren't properly diversified." More investment advice: Stocks have taken a beating. What should you do about your 401(k)? Jeff Young, senior wealth manager at Kierland Financial Group in Scottsdale, said he always recommends diversified portfolios for long-term investors. He rebalances once a year, a process that involves subtracting a bit of money from categories that have performed especially well and reinvesting the proceeds in laggards. Biancavilla said she favors rebalancing every quarter. The major asset categories Young favors are stocks, bonds, real estate and cash, including funds that own individual securities within those categories. Each of the categories has subgroups, he added. For example, equities or stocks can be broken down into U.S. or international, large or small, value or growth. The bond or fixed-income category might include government, corporate or tax-free municipal issues. Real estate can include individual properties, REITS (real estate investment trusts) or funds that hold these assets. "My usual advice is not go to more than 50% (of an investment portfolio) in real estate," Biancavilla said. Diversified portfolios, with the differing risk and return traits of their individual components, essentially help investors devise a plan to help ride out corrections, like the one that began earlier this year and still might be ongoing. 'Corrections are part and parcel of the investment process, and smart investors understand that,' Young said. 'Most successful investors have a plan, and they stay with that plan irrespective of temporary market conditions.' Investment researcher Morningstar recently analyzed the mutual funds and exchange-traded funds that either created the most wealth or destroyed it over a recent 10-year period. Morningstar found that nine of the 15 best wealth-creating funds follow indexes and feature low costs, since their managers are not trying to pick individual stocks or bonds. Many of the biggest wealth-destroying funds were those that targeted narrow, specialized or volatile investment categories such as commodities, natural resources or emerging markets. Morningstar's definition of value creation or destruction measures total investment returns adjusted for a fund's size, reflecting the number of investors who hold the fund. 'Performance is less meaningful if few shareholders are around to benefit from it,' wrote Morningstar's Amy Arnott. The two top value-creating funds were Vanguard Total Stock Market Index and Vanguard 500 Index. For decades, portfolio diversification has been a cornerstone of investment strategy, widely accepted as a time-tested method to mitigate risk and weather market volatility, Wilshire said. But the recent hot streak of a relative handful of high-performing stocks tested the notion. 'We see this moment as a stark illustration of what successful investing demands: not just the foresight to build a diversified portfolio but the discipline to maintain it through market cycles,' Wilshire said. 'This recent bout of volatility serves as a reminder of the long-term enduring value proposition of diversification.' Reach the writer at This article originally appeared on Arizona Republic: Why a diversified investment strategy is prudent when stocks fall Sign in to access your portfolio
Yahoo
25-03-2025
- General
- Yahoo
Franklin County warning sirens being replaced
COLUMBUS, Ohio (WCMH) — Tornado sirens across Franklin County are getting some upgrades. Last year was a record tornado year in the Buckeye state, with a total of 74 tornados touching down in 2024. Now, Franklin County Emergency Management is making sure it's prepared in case those numbers even come close this year. A tornado siren at McCoy Park in South Columbus is decades old and on top of a rotting pole. On Monday, March 24 Columbus City Council approved money to replace it. It's all a part of Franklin County Emergency Management's efforts to upgrade obsolete siren technology. One measure of property tax relief works its way through Ohio Statehouse 'Like any mechanical or electrical device, it does require constant maintenance, so some of our sirens are up to 30 years old or have been out of production for 30 years,' Director of Franklin County Emergency Management & Homeland Security Jeff Young said. There are almost 200 sirens across the county. Franklin County EMA is looking at upgrading many of them to a more advanced version where the sound comes out of all sides, instead of the alarm spinning. 'We've got a certain number of sirens that are really hitting the end of their service life,' Young said. 'So we're working with all of our jurisdictions to identify those sirens, allowing them to budget for them as well as us to plan replacing them on our terms.' One siren being replaced at McCoy Park will cost $80,000. Not only will this make this spot safer, but it will increase the coverage area so a nearby, old siren can be removed. 'This is part of a planned replacement for a siren that's come to the end of its service life,' Young said. 'It also allows us to evaluate locations. Do we want to shift the location of a siren a little bit, which might provide more benefit as the community's ever-changing, ever-developing, as people move slightly different and buildings change? You know, we always are kind of looking to say, you know, to decide if the siren system in its entirety is the best it can be today.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
20-03-2025
- Climate
- Yahoo
Tornado warning siren test reminder of their importance
COLUMBUS, Ohio (WCMH) — As part of Severe Weather Awareness Week this week, the state held a tornado drill shortly before 10 a.m. Wednesday. The warning sirens were activated in Franklin County for three minutes, which is longer than the weekly Wednesday tests at noon. Franklin County Emergency Management Agency Director Jeff Young said the test went well. Why fighter jets may be flying near Columbus and Dayton The sound heard Wednesday morning, and just about every Wednesday of the year, is what would sound should there be a tornado warning issued. The point of the drill is to offer up the opportunity to practice and strengthen emergency plans. 'If it's an actual tornado warning or sounding the sirens, your first reaction should be, I need to get, you know, inside a structure, get to the lowest level and preferably a room that has no glass and no windows,' Young said. Franklin County has 198 sirens spread throughout and Young said they all worked properly during the drill. 'Every week, we test them and there's typically something that needs to have some level of maintenance done on it, which is why we do that test weekly, you know, and so now when we need them, we know they'll all work,' he said. Columbus Zoo welcomes 70-plus baby seahorses after two-year wait Young said the purpose of these sirens is to inform people that if they're outside and severe weather is rolling in, they need to get to an indoor safe area as soon as possible. 'That's why you want to pay attention,' he said. 'They're not designed to wake you up from a sound sleep in the middle of a building.' When a tornado warning is issued, the Franklin County siren warning system is activated by zone; the warning zones are broken up into northwest, northeast, southwest and southeast sections of the county. Last year, Ohio saw 74 tornadoes touch down, far exceeding the record of 62 set in 1992. Young said people in Franklin County are aware of the devastation tornadoes can cause. Twice-suspended dentist in Grove City under investigation after patient dies 'There's a lot of anecdotal stories about how the sirens went off, it woke people up, they started to react, their mobile devices went off, and then they took shelter, and it helped them,' Young said. 'It's all part of being informed and knowing where you're going to get your trusted information, you know, and being weather aware, you know, knowing your surroundings, which makes you better prepared so you can take action to protect you or your family.' Young said it is important to prepare for all types of severe weather, including tornadoes and flooding. In addition to having a plan in place, it's also important to build an emergency kit that should include items like a first aid kit, food and water. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
