De La Rue stumped for an answer

first_img Share Thursday 12 August 2010 8:29 pm whatsapp whatsapp De La Rue stumped for an answer KCS-content Tags: NULL IN the 1930s the bank note manufacturer De la Rue created a number of boardgames, including a cricket game called Stumpz. Yesterday its chief executive James Hussey was well and truly stumped as he resigned with immediate effect following the discovery last month of serious problems with the group’s paper production operations.What makes this corporate news so shocking is that De La Rue is anything but a fly by night company. It was founded in 1813, it has won 11 Queen’s Awards, it’s in the FTSE 250 and it prints currencies for 150 governments (and has many other businesses).Its investors hold shares in the group because of its consistency, its high dividend payout and over the past few years its decision to exit peripheral investments such as its stake in the lottery owner Camelot. Its current predicament shows that, as with the recent BP problems, there is nothing risk free in investing in individual equities.Naturally De La Rue investors are pretty shocked by the group’s current problems, which began on 20 July with a revelation that it had identified quality and production irregularities at one of its paper production facilities. Investor irritation is intensified by the fact that as recently as June the group was giving a presentation to its brokers at JP Morgan?Cazenove at which it was notably upbeat about trading and likely results. Its shares then traded at the dizzy heights of 943p. By yesterday the shares were down to 711p after falling around 10 per cent.Analysts, such as Paul Jones at Panmure Gordon and Alex Hugh of UBS, are concerned about the likely effect of Hussey’s resignation on future orders as well as on the group’s reputation. Hussey, who had been with De La Rue for more than 20 years, had a fantastic contacts book and his departure leaves a void.In the short term finance director Colin Child will be taking additional responsibilities as chief operating officer but he has only been with the group for a few weeks and his experience beforehand lies in a different field.De La Rue needs to complete its investigation into the paper problems as soon as possible so that it can inform the market of the financial implications of this unfortunate affair. The worst thing in these types of situations is if information drips out bit by bit. The fewer leaks and fewer company statements the better, or else investors’ nerves become more frayed.And by the way, just in case you think the banknotes in your pocket are feeling especially flimsy, the group said yesterday that its problems do not concern either its production of sterling or euro notes. It’s a shame it could not have been equally forthcoming about the financial effect of its recent problems. CORPORATE HOSPITALITYI for one can not wait for the start of the football season again tomorrow. It seems ages since the last one finished all those weeks ago (OK. It is only a month since the World Cup).Just one suggestion for the capital’s top clubs. Why not give over all those unsold corporate seats to local schools or charities? Have a great weekend. [email protected] Allister Heath is away Show Comments ▼ More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org last_img read more

See More

WOMEN ON BOARDS: HEALTHY FOR BOYS, GIRLS AND THE BOTTOM LINE

first_img whatsapp Show Comments ▼ whatsapp FOLLOWING the formation of the 30 Per Cent Club last month, which aims to get women filling 30 per cent of boardroom seats, shocking new research will hit City bookshelves this week, revealing what we at The Capitalist already suspected: upping the number of women in the boardroom is good for profits. The findings are released in a new book called Coaching Women to Lead, written by White Water Strategies’ trio, Averil Leimon, François Moscovici and Helen Goodier.They purport to show that a more even male-female balance at the top could make companies 11 per cent better-off, but only if women can be coaxed out of their demure shells with confidence-boosting methods and tips for addressing work-life-balance.And companies might have to expand their sights outside the usual men in suits: with the baby boomers about to sail off into retirement, 650,000 senior posts will be left vacant next year alone – making it a good time for ambitious women with their sights set on the top.MANDY’S SPARKLESurfacing after his recent appearance on BBC documentary, Mandelson: The Real PM? (fresh off the yacht in Corfu if his banter with chancellor George Osborne is to be believed) former business secretary Lord Mandelson will be doing the book promotion rounds in the heart of the City this week. Perhaps in an attempt to recapture some of the “Mandelsonian sparkle” that documentary-maker Hannah Rothschild rather cruelly claimed he had lost at the end of the film, Mandy will be signing and selling his political memoir The Third Man at Daunt Books over lunchtime on Thursday.The perfect accompaniment to a Pret sandwich, surely?The Capitalist can’t help but wonder if RBS chief executive Stephen Hester, spotted by yours truly having a very friendly chinwag with the dark prince at the Finsbury annual party last month, will be popping by. IN THE MUDThe Oxford-Cambridge rugby teams’ annual varsity match, sponsored by Nomura, will kick off on Thursday this week at Twickenham.And you can expect to spy several top execs from the company on the terraces. Nomura chief of operations and wholesale president Jesse Bhattal will be joined by chief administrative officers of wholesale Paul Spanswick and John Phizackerley, hopefully keeping themselves safely away from the compelling mud and muscles combo on the pitch.Time for City Oxbridge alumni to place their bets. Sunday 5 December 2010 10:33 pm WOMEN ON BOARDS: HEALTHY FOR BOYS, GIRLS AND THE BOTTOM LINE center_img Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBetterBe20 Stunning Female AthletesBetterBeUndoHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndo KCS-content More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Tags: NULLlast_img read more

See More

Greentube strengthens Dutch presence with Eurocoin acquisition

first_img“Greentube Netherlands will be our competence centre for this very specific market and we’ll use their vast know-how and unrivalled experience to further enhance our portfolio.” Regions: Europe Western Europe Netherlands Greentube strengthens Dutch presence with Eurocoin acquisition Greentube’s expansion has been in the works for quite some time, and it is one of many companies looking to take advantage of a fresh market once online gaming launches in the Netherlands. The deal will see Eurocoin Interactive rebranded as Greentube Netherlands. Its catalogue of games will be coupled with Greentube’s existing content, and offered to Dutch operators ahead of the country’s igaming market opening on 1 October. Subscribe to the iGaming newsletter “We are very happy to welcome Eurocoin Interactive in the Greentube Group as we always aim to have a strong portfolio of games that are known to the local players – titles such as Random Runner, Simply Wild and several more have been smash hits in the land-based market for years,” Greentube’s finance chief and chief games officer Michael Bauer said. Topics: Casino & games Strategy Online casino Product & technology M&A The acquisition, agreed for an undisclosed sum, will come into effect later this month, and the newly minted Greentube Netherlands’ content will be fully integrated by the October launch. Tags: Novomatic Greentube Eurocoin Interactive “When entering this new market, it is key to hit the ground running by providing high-quality, locally tailored games,” added Eurocoin Interactive director Reg Das. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “Our acquisition by Greentube further enhances its impressive portfolio, which is one I am confident will be unsurpassed in the Netherlands when the regulated market opens for business later this year.” 15th March 2021 | By Nosa Omoigui M&A Greentube – interactive division of Novomatic – has acquired slot developer Eurocoin Interactive as part of its expansion into the Netherlands. Email Addresslast_img read more

See More

House at Mols Hills / Lenschow & Pihlmann

first_img “COPY” ArchDaily CopyAbout this officeLenschow & PihlmannOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesEbeltoftIcebergDenmarkPublished on April 04, 2021Cite: “House at Mols Hills / Lenschow & Pihlmann” 04 Apr 2021. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemGlassMitrexSolar GreenhouseMetal PanelsAurubisMill Finished Copper: Nordic StandardMetallicsHAVER & BOECKERArchitectural Wire Mesh – MULTI-BARRETTE 8130Enclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsSealantsEffisusGutter Repair – TiteGutter3Aluminium CompositesSculptformAluminium Click-on BattensTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea PrestigeMetallicsRHEINZINKZinc Roof Systems – Click Roll CapsTiles / Mosaic / GresiteTerrealTerracotta Cladding TileDoorsECLISSESliding Pocket Door – ECLISSE UnilateralWindowsJoskoWindows and Sliding Doors – ONE SeriesMore products »Save想阅读文章的中文版本吗?摩尔山住宅/ Lenschow & Pihlmann是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/780058/house-at-mols-hills-lenschow-and-pihlmann Clipboard House at Mols Hills / Lenschow & PihlmannSave this projectSaveHouse at Mols Hills / Lenschow & Pihlmann Save this picture!© Hampus Berndtson+ 23Curated by Fernanda Castro Share Year:  Projects Houses Denmark ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/780058/house-at-mols-hills-lenschow-and-pihlmann Clipboard Area:  175 m² Year Completion year of this architecture project Architects: Lenschow & Pihlmann Area Area of this architecture project 2015 Photographs Photographs:  Hampus BerndtsonSave this picture!© Hampus BerndtsonRecommended ProductsWindowsVitrocsaMinimalist Window – SlidingDoorsLinvisibileLinvisibile Curved Hinged Door | AlbaWoodBruagBalcony BalustradesWindowspanoramah!®ah!38 – FlexibilityText description provided by the architects. Four small houses enclosing a central courtyard are the basic frame-like structure for this summer residence by the shore of mainland Denmark. The exterior of the house is modest- even slightly introverted – but entering the courtyard reveals a spatially open house with a warm pinewood interior. Glass doors and sliding partitions ensure visual contact between rooms across the courtyard and also provide a clear and unhindered view over the bay.Save this picture!Floor PlanThe house is situated in Mols Hils, Jutland, on a hilltop with a view towards the bay and the nearby city of Ebeltoft in the background. A narrow road leads to the house, which is placed amongst other summerhouses and surrounded by bushes, pine, and fir trees. The four pitched roofs blend in with the surrounding summerhouses and the closed facade with sliding shutters in front of the windows gives the house an anonymous outer appearance.Save this picture!© Hampus BerndtsonThe courtyard provides shelter from the heavy coastal winds. Shutters, sliding doors, and curtains can be manually moved around to create different flexible spaces and graduate the openness of the house. Glass surrounds the inner courtyard which creates a continuous interior space with more private spaces situated as closed boxes around the periphery of the courtyard. in each room, there is a private exit leading to an intimate outdoor area shielded by the surrounding bushes and trees.Save this picture!© Hampus BerndtsonRugged outer materiality consisting of wooden planks, galvanized steel, and zinc makes for a house that can withstand the harsh coastal climate. A polished concrete floor with exposed aggregate provides a robust surface to handle the indoor/outdoor use of the house and the walls of pinewood sheets lend warmth to the interior.Save this picture!© Hampus BerndtsonThe four smaller houses loosely fit different functions; an entry house with washing rooms and bathrooms, a guest’s house, a house for the kitchen and living room, and the fourth house as a sleeping quarter for the owners.Save this picture!© Hampus BerndtsonAll the houses are connected in a mainly open plan structure while the differently pitched roofs emphasize a variety of heterogeneous spaces. Various possibilities of connecting the rooms across the central outdoor space in the middle make for a multi-functional house that provides a second home for the two owners both in private and when they are joined by their big family.Save this picture!© Hampus BerndtsonProject gallerySee allShow lessHumanscapes Habitat Urban Living / Auroville Design ConsultantSelected ProjectsHouse in Comporta II / GSS arquitectosSelected Projects Share CopyHouses•Ebeltoft, Denmark “COPY” House at Mols Hills / Lenschow & Pihlmannlast_img read more

See More

From Zoflora to Conker Gin: 8 great products supporting charities

first_imgCupsmith drinksProducer of artisan teas, coffees and hot chocolates Cupsmith be supporting the work of Music as Therapy International on an ongoing basis, with a donation made to the charity for every packet sold. As the new charity partnership will also see every packet featuring the charity’s logo, the hope is that this will help introduce and promote the charity’s work to new audiences. Cupsmith’s range is available in Waitrose & Partners, Selfridges and online from Ocado, as well as from independent retailers throughout the UK.Cupsmith images credit: Cupsmith Melanie May | 17 September 2019 | News From hot chocolate and sweets to cleaning products, shopping bags and gin, here is a selection of products supporting and raising funds for charity. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis17 [youtube height=”450″width=”800″]https://www.youtube.com/watch?v=as318M01Tlo[/youtube]This is My World bookWar Child UK has partnered with Lonely Planet Kids to tell the stories of children and young people affected by conflict in a new book This is my world. It is the first time War Child has partnered with a publisher and £1 from every sale will go towards its work to protect, educate and stand up for the rights of children caught up in conflict. Conker Spirit ginConker Spirit is still selling its RNLI Navy Strength Gin, with £5 from every bottle sale going to the charity. It is available in 35cl and 70cl bottles. From Zoflora to Conker Gin: 8 great products supporting charities Zoflora Secret Garden fragranceZoflora launches its Secret Garden fragrance this month in support of Caudwell Children. 20p from every bottle sold goes to the charity. Tagged with: fundraising products Waitrose & Jutexpo Caroline Gardner bagsWaitrose and Jutexpo have joined forces with designer Caroline Gardner to produce a range of shopping bags in aid of Meningitis Now. The environmentally friendly bags are priced at £4 for pouch bags and £6 for large juco bags with 40p from the sale of each pouch bag and 50p from the sale of each large juco bag being donated to the charity. Ticking Off Breast Cancer bookDedicated to the Breast Cancer Care & Breast Cancer Now and with sales generating a donation, Ticking Off Breast Cancer is a chronological narrative of 42-year-old mum Sara Liyanage’s life from the day of her diagnosis and throughout her treatment. The new book from Hashtag Press is due for release on 26 September and accompanies the author’s website of the same name, www.tickingoffbreastcancer.com, which provides practical help and support for those going through breast cancer treatment. Morrisons & Maynards Bassett Wine GumsFor Childhood Cancer Awareness Month, Morrisons is selling special CLIC Sargent Wine Gums and Jelly Babies. For every pack sold, the charity will receive a 5p donation.  402 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis17 Badger Beers’ Brewers BeeBadger Beers’ special Brewers Bee raised £3387.50 for Dorset Wildlife Trust this summer, thanks to 5p from each pint sold going to the charity in support of its Get Dorset Buzzing campaign.  401 total views,  2 views today About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img read more

See More

Watch: Ingenium sets the standard for city centre regeneration

first_imgEmail Print Shannon Airport braced for a devastating blow RELATED ARTICLESMORE FROM AUTHOR Exercise With Oxygen Training at Ultimate Health Clinic Limerick businesses urged to accept Irish Business Design Challenge Previous articleLimerick Post Show | World Book DayNext articleGaelcholaiste Luimnigh Lose out in All-Ireland Final Staff Reporterhttp://www.limerickpost.ie BusinessNewsVideoWatch: Ingenium sets the standard for city centre regenerationBy Staff Reporter – March 5, 2020 2447 Ann & Steve Talk Stuff | Episode 29 | Levelling Up Linkedin Advertisement TechPost | Episode 9 | Pay with Google, WAZE – the new Google Maps? and Speak don’t Type! “When we acquired the 68 O’Connell Street site in 2017, we had no idea of its true potential. Our minds were opened when we explored the opportunities for connecting old and new, bringing the past into the modern era and blending contemporary business living with over 200 years of history,” Ms O’Donnell explained.Demonstrating first-hand their belief in community and its importance, Ingenium partnered with the Limerick School of Art & Design and commissioned a number of students and graduates to create a selection of art that celebrates the intertwining values of the company with the historic building.Ingenium chief executive Dr. James Ring said that the 68 Project was not just proof of the company’s investment in Limerick’s home-grown talent but to be a “stunning statement that showcases beautifully the foundation of who we are as a company and what we represent: Integrity, collaboration, excellence, innovation and most importantly, a passion for people.”“The building is part of Limerick’s primary Georgian district, known as Newtown Pery, largely built between 1770 and 1840. Limerick has the largest Georgian streetscape in Ireland outside of Dublin, and one of the most extensive in Europe.“Like this significant building, Ingenium is on a development journey – one where we work with clients, address their challenges and focus on tailoring solutions so that all stakeholders in change can see the rewards.“68 O’Connell Street is also home to the new inner-city music recording studio at the mews – already a future home for young up-and-coming music artists to house their creativity and innovation.“This lively addition won’t be giving neighbours any late nights thanks to a number of inventive design features to prevent sound from leaving the studio.“For us, this project is about turning a vision into reality. We hope that this development serves as an indicator for potential clients who are looking for support to propel their organisations and their talent forward,” Dr Ring concluded. TAGSbusinessIngeniumrenovationvideowatch Twitter Ingenium chief executive James Ring and chairperson Finola O’Donnell, Chairperson at 68 O’Connell Street.Photo: Paul MullinsLIMERICK’S Georgian heritage has been given a 21st century reboot by management training and consultancy company Ingenium whose sensitive renovation of a landmark city centre building has set the standard for similar regeneration projects.The ‘68 Project’ involved a complete transformation of the four-storey over basement building at 68 O’Connell Street into a significant city centre commercial campus.Sign up for the weekly Limerick Post newsletter Sign Up This work included a new contemporary extension to the rear of the building, with a generous sized apartment on the top floor and a Mews music recording studio.Ingenium Chairperson, Finola O’Donnell said the project gave them the opportunity to create something unique “where we can celebrate Georgian living today as part of the Limerick’s inner-city rejuvenation.Building Transformation Video from Alan Higgins on Vimeo. Facebook WhatsApp Enterprise Support Grant should include older self-employed peoplelast_img read more

See More

MOSC names Belles, Beaux

first_imgHaylee Rae HolguinHaylee Rae Holguin, 17, is the daughter of Mr. & Mrs. Maritza and Ray Holguin. She is the granddaughter of Mr. & Mrs. Elsa and Felipe Molinar and Mr. & Mrs. Hortencia and Jesus Carrillo. Haylee attends Permian High School where she was voted Miss PHS, is a member of the Varsity Permian Panther Paws dance team, National Honor Society, Texas Scholars, Crystal Ball Foundation, and Crossroads Student Ministry. Haylee will be attending The University of Texas at Austin in pursuit of a degree in Architecture. Facebook Morgan Danielle WardMorgan Danielle Ward, 17, is the daughter of Dr. & Mrs. Gary Stephen Ward. She is the granddaughter of Mr. & Mrs. George Alan Bender and Mr. & Mrs. Gary Richard Ward. Morgan attends Permian High School. She is an eight-year member of Odessa Extreme All Star Cheer program, a three-year Permian Varsity Cheerleader, and Permian Varsity Cheer Captain. She is a member of National Honor Society, Texas Scholars, Crossroads Student Ministry, and the Crystal Ball Foundation. Morgan is planning to attend The University of Oklahoma. MOSC names Belles, Beaux Luke Easton BlandLuke Easton Bland, 18, is the son of Mr. & Mrs. Robert N. Bland. He is the grandson of Mr. & Mrs. Robert Harger, Mr. & Mrs. Richard Notley, and the late Mr. Robert Bland III. Luke attends Permian High School where he is a two-year member of the Permian Varsity Football Team, Kantorei Choir, Texas Scholars, and National Honor Society. He is also part of The Mix Student Ministry, a small group leader at Crossroads Fellowship, and a member of Students in Philanthropy. Luke plans to attend Texas A&M University, School of Business to pursue a degree in Business. Pinterest Kendyn Kory ArmstrongKendyn Kory Armstrong, 18, is the son of Mr. & Mrs. Eric Wayne Armstrong. He is the grandson of Mr. & Mrs. Bobby Huckabay, Mr. Charles Coon, and Mr. & Mrs. Terry Armstrong. Kendyn attends Permian High School where he is a three-year member of the Permian Varsity Football Team, Senior year Captain, Varsity baseball, Crossroads Youth Group, National Honor Society, and a Crystal Ball Beau. He plans to attend Texas Tech University to pursue a degree in Communications. Facebook Bethani Gabriele FierroBethani Gabriele Fierro, 17, is the daughter of Mr. & Mrs. Gabriel Fierro, Jr. She is the granddaughter of the late Mr. Gabriel Fierro, the late Ms. Lorenza Fierro, and Mr. & Mrs. Francisco Del Moral. Bethani attends Permian High School where she is President of Student Senate Executive Board and Vice-President of National Honor Society. She is on the Varsity Volleyball team, District 2-6A Second team and TGCA All-State Academic Team. Bethani served as Secretary on both the Junior and Senior Board. She is a Texas Scholar, a member of the Permian Homecoming Court, and a Crystal Ball Princess. She is a member of St. Elizabeth Ann Seton Church and Crossroads Student Ministry. Bethani plans to attend Texas A&M University to major in allied health. Local News Denim and Diamonds was the theme for this year’s annual Midland-Odessa Symphony & Chorale symphony ball to honor this year’s Belles and Beaux.The event was held April 2 at the Shack in the Back, Stacie Pruitt, the guild president, said via email.She said this year’s event was different due to COVID-19. “We were delighted to celebrate the positive contributions of our Belles and Beaux at this year’s Odessa Symphony Guild Denim & Diamonds Ball,” she said via email.“This year looked slightly different than the previous years. Due to the COVID shutdown, our students were not able to serve the Midland-Odessa Symphony & Chorale in full capacity. However, that did not stop them from serving.”She said students participated in several donation drives. These included a book drive, which saw a donation of 375 books, a coat drive that took in 50 coats, and lastly, a food drive that benefited the Permian Basin Food Bank. The food drive saw a total of $2,101. This provided the food bank with 8,404 meals.The following are this year’s Belles and Beaux:Kamryn Jo CarrascoKamryn Jo Carrasco, 18, is the daughter of Mr. & Mrs. Danny Carrasco. She is the granddaughter of Mr. & Mrs. Joe Chavez and Mr. & Mrs. Samuel Carrasco. Kamryn attends Permian High School where she is a four-year Varsity Panther Paw and Secretary of Senior Leadership Panther Paw Dance Team. She is a member of Tammie Locklar’s Dance Studio Main Attraction, Texas Scholars, National Honor Society, Senior Board, Crossroads Student Ministry, and St. Elizabeth Ann Seton’s Youth Group. Kamryn is ranked in the top 2% of her graduating class. She has been accepted to the Moody College of Communications at the University of Texas at Austin. She plans to major in communications. Faith Elizabeth FulbrightFaith Elizabeth Fulbright, 18, is the daughter of Mr. & Mrs. Bradley Jason Fulbright. She is the granddaughter of Mrs. Marcy Hubbard and the late Maurice Hubbard and Mr. & Mrs. Mel Droegemeier. Faith attends Permian High School where she is Valedictorian of the Class of 2021. She is a National Merit Commended Scholar, a three-year Varsity Choir member, two-year member of Black Magic, Vice President of the Permian Choir, Academic Decathalon Team Captain, President of Business Professionals of America, a Crystal Ball princess, National Honor Society member, recipient of the ECISD Award for Excellence in Social Studies, a member of the Permian High School Hall of Fame, and a Forty Acres Scholar at The University of Texas. Faith will be part of the Canfield Business Honors Program in the McCombs School of Business as well as a Plan 2 major at UT. Claire Elizabeth HillClaire Elizabeth Hill, 18, is the daughter of Mr. & Mrs. Stephen Harris Hill. She is the granddaughter of Mr. & Mrs. Jimmy Montgomery, Mr. & Mrs. Jimmie Burnett, Mr. & Mrs. W.R. Hill, and Mr. & Mrs. Phil Bell. Claire attends Permian High School. She is ranked #10 in her class and is a member of National Honor Society. Claire is also a member of the Varsity Panther Paws dance team, Tammie Locklar’s Dance Studio, and Crossroads Student Ministry. She is a Texas Scholar and a member of the Crystal Ball Foundation. She plans to attend Texas Christian University as a Dean’s Scholar, majoring in Communications. Trista Lynn KikerTrista Lynn Kiker, 17, is the daughter of Mr. & Mrs. Toby Russell Kiker. She is the granddaughter of Mrs. Elizabeth Hufford, the late William Wallace Hufford III and Mr. & Mrs. Lewis Hoover. Trista attends Permian High School where she is a four-year Permian Cheerleader, All American Cheerleader, and a Crystal Ball Princess. She is a member of National Honor Society, Treasurer of Junior and Senior Board, Student Senate, Texas Scholars, Crossroads Fellowship Youth Group, Rebel Athletic, Kikis Corner Photography Mod Squad, Terry Costa Prom Model, Miss Permian Basin Teen 2020, and Miss Ector County Teen 2021. Trista is planning to attend either Texas Christian University or Texas Tech University to major in Biology. WhatsApp Austin John JacoboAustin John Jacobo, 18, is the son of Mr. & Mrs. Marcos Jacobo. He is the grandson of Mr. & Mrs. John Jacobo, the late Ruben Talamantes, and Yolanda Talamantes. He attends Permian High School. Austin is an All-State Academics Scholar, a member of the Varsity Football Team, Varsity Kantorei, Black Magic, National Honor Society, and Texas Scholars. He is a Crystal Ball Page and a member of Crossroads Fellowship Youth. Austin plans to attend Texas Christian University to pursue a degree in Business Management. Twitter WhatsApp By Odessa American – April 18, 2021 Abbeygail Elizabeth WardAbbeygail Elizabeth Ward, 17, is the daughter of Mr. Troy Ward & Mrs. April Ward. She is the granddaughter of Mr. & Mrs. Robert Grady and the late Ms. Mary Elizabeth Ward. Abbeygail attends Permian High School where she is a four-year member of the Permian High School Varsity Soccer team, Team Captain both her Junior and Senior year and earned Academic All-State 2020-2021. She was Honorable Mention Freshman year, 1st Team All District Sophomore year and 2nd team All District Junior year. Abbeygail was voted Most Athletic Senior Class, Senior Class President, and Junior Class President. She is a four-year Senate Member, serving two years on the executive board. She serves as Senior Vice President of Student Senate Executive Board, a two-year member of the National Honor Society, and is ranked in the top 5% of the 2021 graduating class. Abbeygail achieved the President’s List Fall 2019, Spring 2020, Fall 2020, and Spring 2021. She is a member of Crossroads Student Ministry, Texas Scholars, the Permian Hall of Fame, and a three-year member of the National Olympic Development Program of North Texas. Abbeygail plans to attend the University of North Texas at Denton to pursue a degree in Biology. She then plans to continue her education to become a Dermatologist. Allison Taylor GlasmanAllison Taylor Glasman, 18, is the daughter of Mr. & Mrs. Thomas Michael Glasman and the granddaughter of Mr. John F. McGrath and Mr. & Mrs. Kirby Vanover. Allison attends Permian High School where she is a member of the National Honor Society, Texas Scholars, National Society for High School Scholars and Students in Philanthropy. She is ranked #5 in her graduating class and is a member of the Permian High School Hall of Fame. She is a Crystal Ball Princess, a member of Crossroads Fellowship Student Ministry and a four-year member of Midland Festival Ballet’s Senior Company. Allison plans to attend Texas Christian University as Dean’s Scholar and will be part of the School for Classical and Contemporary Dance as a Nordan Fine Arts Scholar. Brewster Murphy HendersonBrewster Murphy Henderson, 17, is the son of Mr. & Mrs. Walter T. Henderson III. He is the grandson of Mr. & Mrs. Roger Snodgrass, Ms. Becky Henderson, and the late Mr. Walter T. Henderson Jr. Brewster attends Permian High School where he is in the AP Program. He lettered in the Permian High School Band where he has been a four-year member, as well as serving on the crew team. Brewster is a four-year member of the Odessa Symphony Guild and participated on the 4-H team. He is a member of the National Honor Society and a Texas Scholar. Brewster is active at First United Methodist Church and attends ECHO Student Ministry. Brewster is planning to attend Texas A&M University, majoring in Agribusiness. Twitter Emma Rae TrevinoEmma Rae Trevino, 17, is the daughter of Mr. Romeo Trevino & Mrs. Betty Trevino. She is the granddaughter of the late Mr. Jose Reyes & the late Mrs. Francis Lopez Reyes and the late Mr. Romeo Trevino Sr. and Mrs. Parjedes Trevino. Emma attends Permian High School and Odessa College. She is a member of the Varsity Permian Panther Paws, Social Officer for the Permian Panther Paws, Tammie Locklar’s Dance Studio, and Crossroads Student Ministry. Emma is also a Texas Scholar, a member of the National Honor Society, and the Society for Collegiate Leadership & Achievement. Emma plans to attend The University of Oklahoma to pursue a degree in Accounting and Finance. Previous articleBig Bend offers variety of things to doNext articleBBB: Stock trading apps Odessa American Callie D’Anne JohnsonCallie D’Anne Johnson, 18, is the daughter of Dr. Stacy & Mr. Ty Johnson. She is the granddaughter of Mr. Derrell & Mrs. Cindy Hollis, Mr. & Mrs. Trina and Vernon Johnson, and Mr. & Mrs. Mary and Doug Jeffreys. Callie attends Permian High School where she is a Mojo Band Majorette. She is part of Permian Production, Kaleidoscope Company Officer, UIL One Act, and KC Elite Acting Group. She is a Crystal Ball Princess, a member of the National Honor Society, and Texas Non-Profit Theatre. She plans to attend the University of Oklahoma to major in theater. Emily Catherine HillEmily Catherine Hill, 18, is the daughter of Mr. & Mrs. Stephen Harris Hill. She is the granddaughter of Mr. & Mrs. Jimmy Montgomery, Mr. & Mrs. Jimmie Burnett, Mr. & Mrs. W.R. Hill, and Mr. & Mrs. Phil Bell. Emily attends Permian High School. She is ranked #4 in her class, is a member of National Honor Society and the Permian High School Hall of Fame. Emily is a member of the Varsity Panther Paws dance team, Tammie Locklar’s Dance Studio, and Crossroads Student Ministry. She is a Texas Scholar and a member of the Crystal Ball Foundation. She will attend the University of Oklahoma as a University Scholar and plans to become a Nurse Practitioner. Pinterest Kallan Grace GrewellKallan Grace Grewell, 17, is the daughter of Mr. & Mrs. Gabe Grewell. She is the granddaughter of Ms. Joyce Kreger and the late Mr. Lonnie Kreger, and the late Mr. & Mrs. Charles Grewell. Kallan attends Permian High School where she is a senior in the AP program. She has been singing since she was two years old and began dancing at the age of six. She is a four-year member of the Panther Paws Dance Team and is in her third year as a Varsity member. She is serving as Chaplain on the Senior Leadership Team for Panther Paws. Kallan is a four-year choir member, a three-year Varsity choir member, and is enjoying her second year in Kantorei and Black Magic. Along with being a four-year member of the Odessa Symphony Guild, she was a Crystal Ball Foundation Princess. She is a National Honor Society member and a Texas Scholar. She is active at First United Methodist Church and participates in the ECHO Student Ministry, ECHO Youth Band, and First United Methodist Board of Youth Lay Leadership. Kallan plans to attend Texas Tech University to pursue a degree in Education and Performing Arts.last_img read more

See More

In San Francisco, $1 Million Buys an ‘Earthquake Shack’

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago March 5, 2018 2,957 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Headlines, Journal, Market Studies, News It’s no secret that California is home to some of the priciest housing markets in the United States. According to a recent study by the Paragon Real Estate Group (using data provided by the California Association of Realtors’ Housing Affordability Index), the household income required to put down a 20 percent down payment on an average home in San Francisco is now $303,000—and the city’s median sale price last quarter was a whopping $1.5 million. Needless to say, demand in the city by the bay is outstripping both supply and the limits of most potential homeowners’ bank accounts. But high prices never stop homes from selling, and San Francisco homebuyers are proving willing to pay a lot—for a little.As reported by SFGate, San Francisco is recently seeing a spike in demand for so-called “earthquake shacks.” It’s a colorful name with an equally colorful history, with the colloquial name “earthquake shack” used to describe small cottages constructed in the aftermath of 1906’s earthquakes and fires. Those paired natural disasters left 500 city blocks obliterated and nearly half of San Francisco’s population homeless. Needless to say, the city needed housing, lots of it, and it needed it quickly.The solution was “earthquake shacks,” some 5,000 small homes constructed around the city in order to put a roof over the heads of the city’s displaced residents. At the time, none of the people moving into them would likely have described the earthquake shacks as the lap of luxury, but things have changed a lot in the past 100 years. In 2018, these quaint little huts are selling for upwards of a million dollars apiece.While that’s a very San Francisco kind of story, the origins of the earthquake shacks also echo very modern problems faced by California. Last year’s widespread wildfires caused over $5 billion in damages to the state, burning through some of the most expensive real estate in the country and aggravating an already dire housing inventory shortage.Other parts of the country are currently experimenting with communities of tiny homes as a way to combat homelessness, a problem that’s only being exacerbated by skyrocketing home prices and rents, nationwide inventory shortages, and construction that hasn’t been keeping pace with demand. That might work in California too—so long as they don’t get slapped with a million-dollar price tag. Home / Daily Dose / In San Francisco, $1 Million Buys an ‘Earthquake Shack’ Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Tagged with: Affordability earthquake shacks Home Prices House Prices Housing Inventory inventory shortages San Francisco Previous: Majority of U.S. Homeowners Planning Improvements Next: The Best American Cities for Public Transit Governmental Measures Target Expanded Access to Affordable Housing 2 days ago In San Francisco, $1 Million Buys an ‘Earthquake Shack’  Print This Post Affordability earthquake shacks Home Prices House Prices Housing Inventory inventory shortages San Francisco 2018-03-05 David Wharton Subscribe Servicers Navigate the Post-Pandemic World 2 days ago About Author: David Wharton Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Demand Propels Home Prices Upward 2 days agolast_img read more

See More

How Mortgage Investment Drives Interest Rates

first_img Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Often overlooked, mortgages are a key factor in the declining interest rates, according to George Pearkes, Global Macro Strategist for Bespoke Investment Group in an opinion column on Business Insider. Pearkes states that while global growth worries, Federal Reserve policy shifts, and risk aversion are all being covered as causes of the recent decline in interest rates, mortgages are another factor that has been “undiscussed and invisible to the average investor.”Hedging, Pearkes notes, is partially behind upticks or downturns in interest rates. “Thanks to the unique option properties of US mortgages, large changes in interest rates cause the holders of mortgages to hedge,” he said. “That hedging activity can exacerbate declines or upticks in interest rates, creating a self-fulfilling prophecy of lower rates that runs very far before negative feedbacks kick in.”These unique options include mass market, long-term, fixed rate, and zero or low prepayment penalty mortgages for home purchase. Investors with mortgages or mortgage back securities buy exposure to interest rates as they drop because their portfolio’s exposure to rates is dropping along with interest rates, buying more sensitivity to interest rate movements from someone else. Then, as rates rise, investors hedge by selling sensitivity to interest rate movements to someone elseAccording to Pearkes, hedging mortgage-backed securities creates a “positive feedback loop” as billions of mortgage-backed securities are hedged by buyers desperate to buy interest rate exposure thanks to the drop in rates since last fall. When investors buy bonds to hedge their mortgage holdings, they drive rates down further. Long term, this will create a negative feedback loop, as less hedging is required when mortgages begun to be repaid with lower rate loans. For example, “when you repay your 5% mortgage with a 3.5% loan, the new loan requires less hedging than the old one,” said Pearkes. Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago How Mortgage Investment Drives Interest Rates Tagged with: Investment mortgage Sales The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago About Author: Seth Welborn Previous: Next Recession Could ‘Destroy’ Younger Generation Next: Recession Worries and Risks for Homeowners The Best Markets For Residential Property Investors 2 days ago August 26, 2019 864 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Home / Daily Dose / How Mortgage Investment Drives Interest Rates Investment mortgage Sales 2019-08-26 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Subscribelast_img read more

See More

Council urged to ensure Twin Towns adequately linked to proposed bypass

first_imgAudioHomepage BannerNews Derry draw with Pats: Higgins & Thomson Reaction WhatsApp RELATED ARTICLESMORE FROM AUTHOR Harps come back to win in Waterford Google+ Twitter Pinterest News, Sport and Obituaries on Monday May 24th WhatsApp Previous articleGlen and Magherafelt to contest Derry Senior Football Championship FinalNext articleAthletics Review: Donegal Even Ages and Masters Cross Country Championship News Highland Facebookcenter_img DL Debate – 24/05/21 Twitter Google+ Facebook Pinterest Journey home will be easier – Paul Hegarty Council urged to ensure Twin Towns adequately linked to proposed bypass FT Report: Derry City 2 St Pats 2 By News Highland – October 6, 2019 Donegal County Council is being urged to ensure Ballybofey and Stranorlar will be adequately linked to the proposed bypass for the towns.The proposed bypass will potentially be up to 5km from the towns centre with ongoing concern over the possible impact this will have on the local economy.The local authority says that every effort in this regard will continue to be made separate to but in parallel with the TEN-T Project and that this will be taken into account when the Town Plan is being prepared.Cllr Patrick McGowan says it’s imperative that the final decision on the link road is the right one.Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/10/patrickringshort.wav00:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.last_img read more

See More