Dayton Daily News

Teradata stock price growing

- Rich Gillette Rich Gillette is the Dayton Daily News business editor. Contact him at rich.gillette@coxinc.com.

If you haven’t noticed the stock price for Teradata, the billion dollar big data company based in Miami Twp., it’s been slowly climbing. The week before Christmas the stock price hit a 52-week high.

Late last week, the local company’s stock price hovered around 38.68 per share, a 41 percent increase from a low of 27.26 on May 31.

The stock price is nowhere near 2013 when investors saw highs around 69.34 a share, but investors are noticing the growth over the past year.

The maker of data management and analysis tools saw third-quarter sales declining 13 percent year over year, landing at $526 million, but clearly topped Wall Street’s estimates.

“Our strategy is working and our sales funnel is continuing to grow. We now give our customers more flexible solution choices and capabiliti­es and provide users more control, performanc­e and scale than they will find anywhere else,” said Vic Lund, Teradata president and CEO, during the company’s earnings call.

Wages are growing

Did you receive a nice pay increase last year?

According to the most recent wage data from the U.S. Bureau of Labor Statistics, a lot of you saw increases in 2017. From June 2016 to June 2017, wages increased in 318 of the 346 largest U.S. counties.

The U.S. average weekly wage increased 3.2 percent over the year, growing to $1,020 in the second quarter of 2017. New Hanover County, N.C., had the largest overthe-year percentage increase in average weekly wages with a gain of 11.9 percent.

Warren County, just south of Dayton, had the fourth largest decrease of the largest counties in the U.S. The average weekly wage in one of the fastest growing Ohio counties dropped 3.6 percent to $898.

In Montgomery County, wages increased 2.6 percent to $871 a week. In Butler County, weekly wages increased 3 percent to $871.

Year for safe flying

Plenty of people have a fear of flying in airplanes, but a new report found last year was the safest year for commercial airline passengers in the history of aviation.

This past year was another “exceptiona­lly good year for civil aviation safety,” according to Netherland­s-based aviation consultant To70. Only two fatal accidents occurred in passenger airlines in 2017, and both were small turbo-prop planes, the report found.

The report examined only larger passenger aircraft commonly used by travelers. In 2016, there were 71 civil aviation accidents, and six of them resulted in fatalities. In 2017, there were 111 accidents and two included fatalities. There were no accidents in 2017 related to unlawful interferen­ce, like terrorist attacks.

Let’s hope the trend continues in 2018.

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