title
stringlengths 4
186
| text
stringlengths 77
97.2k
|
|---|---|
OnTheMarket.com gears up for £50m AIM listing | Agents Mutual, the company behind online property website OnTheMarket.com, is gearing up to float on London's Alternative Investment Market and raise £50million in a bid to challenge its rivals.
Estate agent backed On The Market is currently Britain's third biggest online property site behind Rightmove and Zoopla.
Cautious about how far On The Market's whirl on AIM will help it in its quest to claw back dominance from its rivals, George Salmon, analyst at Hargreaves Lansdown, said the group still had a 'significant' way to go.
Third place: Estate agent backed On The Market is currently Britain's third biggest online property site
Using cash generated from its launch on AIM, On The Market plans to boost its marketing, sales, customer relations and technology operations.
The company said it plans to roll out a 'heavy-weight national TV, digital and print media campaign.'
Earlier this year, On The Market announced it was abandoning its mutual status.
In the meantime, it has signed a number of long-term listing agreements with property service firms and estate agencies, namely Arun Estates, Chancellors Group and Hunters Property Group.
Ian Springett, chief executive of On The Market owner Agent Mutual, said: 'Our demutualisation received overwhelming support from members, and more recently we have signed new long-term listing agreements with a number of leading estate agencies and property services providers.
'We are now well placed to list and raise new funds to challenge the two leading incumbent portals.'
He added: 'We are excited about this new chapter in On The Market's development, which will strengthen our market position, and benefit our agents, investors and consumers using our services.'
Plans: OnTheMarket said it plans to use part of the £50million raised on a 'heavy-weight' TV campaign
But, George Salmon, an equity analyst at Hargreaves Lansdown, said: 'Backed by estate agents themselves, the launch of On The Market in 2015 was meant to disrupt the duopoly of Rightmove and Zoopla.
'The group is now the UK's third biggest portal, but all this really means is that it's first among the also-rans.'
He added: 'In a business that's all about generating the necessary scale, this seems a sensible strategy.
'However, there's a difference between doing the right thing and doing the right thing successfully.
'The challenge of toppling Rightmove remains a significant one.'
Earlier this year, On The Market won a competition case upholding its rule that estate agents who list on its website must choose only one additional listing out of Zoopla and Rightmove.
The rule means estate agents cannot use two rival sites at the same time.
Rightmove's share price is currently up 0.04 per cent to 4,256.50p.
OnTheMarket was launched in 2015 by a group of well-known estate agents, including Savills and Knight Frank. |
BRIEF-Avivagen announces follow-on purchase order of OxC-Beta Livestock from UNAHCO Inc | April 6 Avivagen Inc:
* Avivagen announces a follow-on purchase order of OxC-Beta Livestock from UNAHCO, Inc
* Avivagen intends to accelerate market access and commercial uptake of its OxC-Beta Livestock product
* Additional purchase order from UNAHCO in Philippines for 150 kg of OxC-Beta Livestock 10% premix at pricing in line with Avivagen's target Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136) |
Forget Me Not Gardening Club | About Forget Me Not Gardening Club
It is a relaxed monthly group that meets to do some gentle activity in the vegetable and flower garden and to socialise. It is free to come along, just bring a flask of tea/coffee. Toilets are very nearby. |
Ballymacoss Mental Health Hostel | Cookies at Which? We use cookies to help improve our sites. If you continue, we'll assume that you're happy to accept our cookies. Find out more about cookies
OK |
Golf-Soggy Shoal Creek opens for practice ahead of U.S. Women's Open | SHOAL CREEK, Ala. (Reuters) - Shoal Creek finally re-opened for practice rounds on Wednesday afternoon as players scrambled to get in last-minute preparations for what looms as a waterlogged U.S. Women’s Open.
The course was closed late on Monday afternoon and remained off-limits on Tuesday as it was drenched by more than four inches of rain from sub-tropical storm Alberto.
More rain Tuesday night and Wednesday morning - an additional 1.62 inches - kept the course closed until 1 PM local time (1800 GMT), when players were allowed to begin practice rounds.
The U.S. Golf Association (USGA), which runs the championship, says it is still intending to conduct the event without preferred lies, otherwise known as lift, clean and place.
“It remains our intention to play 72 holes and to play the ball as it lies,” said USGA senior managing director John Bodenhamer, who expressed confidence play would begin on time on Thursday morning, assuming it remains dry overnight.
Some players will tee off without the benefit of even one full practice round, something that did not seem to bother American Danielle Kang.
She received a verbal instruction manual on how to play the course in a telephone conversation with PGA Tour player Trey Mullinax, an Alabama native.
“He walked me through the whole golf course, from one to 18. I feel like I’ve played it,” said Kang, who won her first major last year at the Women’s PGA Championship.
“He’s helped me out on what pins to attack and what to be conservative on,” Kang said. “And also which parts of the course to be avoided at all costs.”
Whether preferred lies should be allowed has been a hot topic among players the past two days.
Cristie Kerr, the 2007 champion, said that it would be a “joke” if players were not given the chance to clean mud from their balls.
Australian Karrie Webb was a little more diplomatic.
“I will say that it will be the softest U.S. Open I’ve ever played,” said the 2000 and 2001 champion.
“I’m mentally preparing that we might play it down (no preferred lies).”
Eight-times PGA Tour winner Brad Faxon weighed in on the side of preferred lies, pointing out that the tradition of playing the ball as it lies at major championships was broken in the final round at the 2016 PGA Championship at Baltusrol.
“I wouldn’t have a problem at all (with preferred lies),” Faxon, here as a television analyst for Fox Sports, told Reuters.
“It’s something the USGA has never done and they don’t want to start now.
“If they play one or two rounds with the ball up, I don’t think that takes away (from the stature of the championship).
“We just did some stuff out on the golf course and there seems to be casual water every step you take.
“I don’t know how you can play a fair golf tournament, because I know mud affects the players’ shots. If it’s consistently muddy, it’s a big issue.” |
Syrian rebels seize swathes of south as Islamic State retreats | FILE PHOTO: Free Syrian Army fighters gesture as Turkish military vehicles drive in the Syrian rebel-held town of al-Rai while heading towards the northern Syrian city of al-Bab, Syria January 9, 2017. To match Analysis MIDEAST-CRISIS/SYRIA-WAR REUTERS/Khalil Ashawi/File Photo
AMMAN Syrian rebels have seized large areas from Islamic State in southern Syria in the last two weeks as the jihadist group prepares to defend its Raqqa stronghold in the north from a U.S.-backed assault, rebel commanders say.
The advances by Western-backed Free Syrian Army (FSA) factions have helped to reduce the risk of Islamic State fighters regrouping in areas near Damascus and the Jordanian border as they face major defeats in Syria and Iraq.
Western intelligence sources have worried for months that militants fleeing from their main urban strongholds of Raqqa in Syria and Mosul in Iraq could find a safe haven in the vast areas of the Syrian Desert bordering Jordan.
The rebels fighting in southern Syria have received military aid funnelled via Jordan in a programme overseen by the U.S. Central Intelligence Agency.
Their sudden gains are a culmination of months of covert operations in which they have ambushed and cut communications lines to weaken the militants' stronghold in the southeastern border area close to Iraq, the rebels say.
"Extensive areas have fallen into our hands. (Islamic State) has been pushed out of them in heavy clashes in 16 days of battles," said Talas al Salameh, the commander of the Osoud al Sharqiya, the biggest of the FSA groups in the area.
"(Islamic State) had cut roads and were in control and had been positioned in former Syrian army bases with a strong presence and with heavy armour. We cut links between their areas and as a result they began to retreat," al-Salamah said.
In northern Syria, Islamic State has come under growing military pressure in recent months from separate campaigns being waged by the U.S.-backed Arab and Kurdish fighters, by the Russian-backed Syrian army and by Turkey-backed FSA groups.
The U.S.-led coalition against Islamic State is backing an alliance of Kurdish and Arab fighters - the Syrian Democratic Forces (SDF) - in the campaign to isolate and capture Raqqa city on the other side of the country.
TROOP MOVEMENTS
Salamah said Islamic State had pulled hundreds of fighters from the areas where his group, working with four others, had made its advances, suggesting they had been redeployed to help defend Raqqa and Deir al-Zor province to the east.
The advances have taken place in a swathe of sparsely populated territory stretching from the town of Bir Qassab, some 50 km (30 miles) southeast of Damascus, all the way to the borders with Iraq and Jordan, a desert area known as the Badia.
"In the event of the fall of Raqqa and Mosul, where would they go? They would be coming here. So we decided to work and kick them out of this area before they would come to us," Salameh told Reuters in a phone interview.
The rebels have also seized control of the eastern slopes of the Qalamoun mountains to the northwest of Bir Qassab, where Islamic State's presence had disappeared as it moved its forces further north, he said.
The rebels say their campaign in the area had been gradually escalated over the last five months.
Said Seif, an official in another FSA faction, the Shahid Ahmad al-Abdo group, said 250 square km (96 square miles) had been captured in the Badia alone.
Salameh said at least 117 of his fighters had been killed in ferocious fighting over the last few months in what he said were relentless assaults and ambushes by the militants.
His group first fought Islamic State when it took over parts of Deir al-Zor province at the height of its expansion in 2014. His fighters regrouped in areas near the Jordanian border, where their base was hit in a Russian air strike last year.
(Editing by Tom Perry and Tom Heneghan) |
BRIEF-Abrau-Durso opens production and sale of bottled water | UPDATE 3-Nestle takes food price rises in its stride
ZURICH, Aug 9 Nestle expects pressure from the rising price of ingredients for its products such as chocolate bars, coffee and soup to ease, helping it meet its target for increasing sales despite tough markets. |
Glencore in talks to sell some Peru, other mining royalties -sources | LONDON/VANCOUVER May 3 Miner-trader Glencore Plc has hired the Bank of Nova Scotia to sell a portfolio of royalties, including a royalty on the Antamina copper-zinc mine in Peru, four people familiar with the process told Reuters.
The Antamina royalty makes up the bulk of the value of the package and could fetch up to $250 million, the people said. The portfolio also includes several much smaller royalties on other mines and exploration assets owned by Glencore around the world, they added.
It is not clear whether Glencore will sell 100 percent of the royalties, which gives its owner the right to receive a percentage of production from a mining operation, or retain a stake in them.
There is no certainty that the sales process will result in a transaction, the people said. The people, whom Reuters spoke to over a period of several days, declined to be named as the talks were confidential.
Glencore declined to comment. The London-listed miner's operations comprise some 150 assets worldwide, including nickel, zinc, copper and coal mines. Bank of Nova Scotia did not have an immediate comment. (Reporting by Clara Denina in London and Nicole Mordant in Vancouver; additional reporting by John Tilak in Toronto and Barbara Lewis in London; Editing by Denny Thomas and Bill Rigby) |
Which? Elderly Care | Cookies at Which? We use cookies to help improve our sites. If you continue, we'll assume that you're happy to accept our cookies. Find out more about cookies
OK |
Dementia Cafe Chorley | About Dementia Cafe Chorley
The Dementia Cafe provides information about living with dementia and other services available locally in an informal and comfortable environment. A Dementia Cafe is also a place to relax, socialise and meet other people with dementia and their carers. |
Disney to remember boy killed by alligator with sculpture | Walt Disney World plans to honor a Nebraska boy who was killed by an alligator at one of its resorts near Orlando with a sculpture of a lighthouse. A year ago Wednesday, an alligator grabbed 2-year-old Lane Graves, who was playing along the Seven Seas Lagoon beach outside Disney's Grand Floridian Resort and Spa.
Start the conversation, or Read more at WINK-TV Fort Myers. |
Drunk thug who attacked a stranger walking his dog in the street is jailed | A 24-year-old Queensland man has been sentenced to nine months in jail after he randomly attacked a man walking with his wife and dog on Hervey Bay's esplanade.
Earlier this week Bruce Isaiah Walker, 24, pleaded guilty of assault occasioning bodily harm in Hervey Bay District Court.
The court heard how Walker, dealing with grief surrounding missing his father's funeral, threatened the 33-year-old victim with a broken beer bottle as the man exclaimed, 'no, no, no, I'm not the one you're looking for.'
Earlier this week Bruce Isaiah Walker (pictured) pleaded guilty of assault occasioning bodily harm in Hervey Bay District Court
Walker did not say anything to the victim but punched him once in the jaw and once in the back of the head, before running into the ocean.
When police apprehended him later that night he had a blood alcohol reading of .196, almost four times the legal limit.
At the time the offence occurred Walker was on parole for lighting a fire at a school so that he and the group he was with could rob a nearby shop undetected.
In sentencing Judge Greg Koppenol said Walker 'had a bucket of alcohol and went berserk.'
'It was gratuitous street violence on a man simply walking his dog with his wife.'
Walker is able to be released on parole June 22.
He randomly attacked a man walking with his wife and dog on Hervey Bay's esplanade (pictured) before running into the ocean
At the time the offence occurred Walker (pictured) was on parole for lighting a fire at a school so that he and the group he was with could rob a nearby shop undetected |
Which? Elderly Care | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
Stansty House Nursing Home | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
Caremark (Eastbourne & Wealden) | Cookies at Which? We use cookies to help improve our sites. If you continue, we'll assume that you're happy to accept our cookies. Find out more about cookies
OK |
Everycare (West Kent) Ltd | Cookies at Which? We use cookies to help improve our sites. If you continue, we'll assume that you're happy to accept our cookies. Find out more about cookies
OK |
FVR to launch latest book Wednesday | Former President Fidel V. Ramos speaks before personnel of the Philippine National Police at Camp Crame in Quezon City during the unveiling of historical marker of Camp Crame. Former President Fidel Ramos will launch his latest book "FVR XYZ Files" at the RCBC Plaza in Makati City on Wednesday, February 15. In an interview, Ramos popularly known as FVR said his newest book is "an Anthology of Controversies &, Anecdotes & Trivia" about him all these years spanning over six decades, starting as a cadet at the United States Military Academy at West Point, as a soldier, as Philippine president and as a statesman and ordinary citizen.
Start the conversation, or Read more at Manila Bulletin. |
Texas A&M blows out defending champion North Carolina | EditorsNote: updates Starks’ point total in second graf
Texas A&M tore apart defending national champion North Carolina from all angles in a stunning 86-65 romp in the NCAA Tournament’s second round Sunday at the Spectrum Center in Charlotte, N.C.
TJ Starks pumped in 21 points, Tyler Davis had 18 points, DJ Hogg posted 14 points and Admon Gilder had 12 for the seventh-seeded Aggies. Robert Williams pulled in 13 rebounds.
Texas A&M (22-12) will play third-seeded Michigan on Thursday night in the Sweet 16 round of the West Region in Los Angeles.
Second-seeded North Carolina, which played in the past two national championship games, had never lost an NCAA Tournament game in Charlotte in 12 previous outings. The Tar Heels (26-11) dropped to 34-2 in NCAA Tournament games in their home state.
This outcome came on the same court where, just two days before, the tournament’s all-time stunner happened when Maryland-Baltimore County took out Virginia.
This result wasn’t as shocking, but it was just as thorough a whipping.
Senior guard Joel Berry II, who was the Most Outstanding Player in last year’s Final Four, poured in 21 points for North Carolina. Luke Maye added 13 points and 11 rebounds in the last game of his junior season.
They were both on the bench for the final minute as North Carolina coach Roy Williams put in seldom-used reserves. It was the largest margin of defeat for the veteran coach in an NCAA Tournament game.
The Tar Heels shot 6-for-31 on 3-point attempts, with Berry going 2-for-10 from long range in his final college game.
North Carolina, which played on four consecutive nights in the Atlantic Coast Conference tournament earlier this month, didn’t have enough to keep up with the Aggies. Texas A&M held a 24-point less than seven minutes into the second half.
North Carolina missed 13 consecutive 3-point attempts in a span bridging the two halves until Maye’s long ball with about 15:35 cut the deficit to 53-36.
However, most of the next few minutes consisted of North Carolina threatening to make a move only to have the Aggies converting at the other end, often on fast breaks.
Texas A&M held a 42-28 halftime lead, silencing the huge partisan North Carolina crowd for stretches. The Aggies made 50 percent of their first-half shots while North Carolina shot 33.3 percent from the field (including 1-for-13 on 3-point tries).
Earlier, it went well for the Tar Heels, who made eight of their first 10 shots from the field and built a 20-13 lead.
A 15-0 run for Texas A&M altered the game’s course as North Carolina went more than six minutes without scoring.
—Field Level Media |
Cairnmartin Court Care Home | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
Art Group - Malvern | About Art Group - Malvern
Conquest Art loves to inspire people living with disabilities and long term health issues to discover their creative energy and build self confidence through art. Everyone is encourage to create artwork from their imagination and develop their own style in their own time. That is important, as a person's disability can sometimes affect their level of creativity. Many who doubt their ability to draw or paint are surprised at the results of their work. No artistic talent or previous experience is necessary and all materials are provided. |
France issues decree to close Fessenheim nuclear plant by April 2020 | PARIS, April 9 France's oldest nuclear power reactor will stop electricity production by April 2020, once a new generation EPR reactor under construction in Flamanville is operational, according to a decree issued in the country's official gazette on Sunday.
The closure of Fessenheim, in northeastern France, was a 2012 electoral promise by French President Francois Hollande, who had promised to curb French dependency on nuclear power by shutting down the reactor during his five-year term, while developing other renewable energy sources.
But this was opposed by workers and executives at plant operator EDF as well as opposition parties and some candidates in the French April-May presidential election.
EDF board members authorised its chief executive to seek a decree from the government to keep Fessenheim open at least until six months before the start-up of the new reactor at the company's Flamanville site.
"The decree repeals, at the request of the operator, the authorisation to operate the Fessenheim nuclear power plant owned by EDF, from date of entry into service of the Flamanville 3 EPR reactor," the decree said.
It said Flamanville 3 was expected to enter into production by April 2020 at the latest, and so as to respect France's legal ceiling of 63.2 gigawatts of power from nuclear sources, Fessenheim would have to halt production.
The decree to shut down the 1,800 megawatts Fessenheim plant operated by the state-controlled utility in eastern France, came a few days after the company's board decided not to vote to immediately halt production.
The decree is in line with the board's decision that authorised its chief executive to seek government approval to keep Fessenheim open at least until six months before the start-up of Flamanville 3. (Reporting by Bate Felix. Editing by Jane Merriman) |
Top-selling Greek daily out again after court ruling | Thank you for reading 10 free articles on Fredericksburg.com. You can come back at the end of your 30-day period for another 10 free articles, or you can purchase a subscription and continue to enjoy valuable local news and information.
Start the conversation, or Read more at Fredericksburg.com. |
Grove Domiciliary Care | Cookies at Which? We use cookies to help improve our sites. If you continue, we'll assume that you're happy to accept our cookies. Find out more about cookies
OK |
Eredivisie Standings | Feb 2 (OPTA) - Standings for the Eredivisie on Friday P W D L F A Pts 1 PSV 20 17 1 2 53 22 52 2 Ajax 20 14 3 3 56 17 45 .......................................... 3 AZ 20 13 3 4 37 20 42 .......................................... 4 Feyenoord 20 10 6 4 41 20 36 5 Zwolle 20 10 6 4 28 23 36 6 Vitesse 21 9 7 5 36 24 34 7 Utrecht 20 8 7 5 29 30 31 .......................................... 8 Heerenveen 20 7 6 7 28 32 27 9 ADO 20 8 3 9 27 32 27 10 VVV 20 6 8 6 24 27 26 11 Excelsior 20 7 3 10 25 31 24 12 Heracles 20 6 5 9 30 42 23 13 Groningen 21 5 7 9 34 36 22 14 Willem II 20 4 5 11 28 43 17 15 Twente 20 4 4 12 25 36 16 .......................................... 16 NAC 20 4 4 12 20 37 16 17 Roda 20 4 3 13 20 42 15 .......................................... 18 Sparta 20 2 5 13 16 43 11 1-2: Champions League preliminary round 3: Europa League preliminary round 4-7: Europa League play-off 16-17: Relegation play-off 18: Relegation |
'Shape of Water' leads Globes nominees; risk-takers rewarded | LOS ANGELES (Reuters) - Hollywood’s long awards season began to take shape on Monday with Golden Globe nominations that rewarded risk-taking and shone a spotlight on veterans and newcomers alike.
Mexican filmmaker Guillermo del Toro’s “The Shape of Water,” a magical drama about a relationship between a strange river creature and a mute cleaner, collected a leading seven nods, including best drama, and director and acting nominations for Sally Hawkins, Octavia Spencer and Richard Jenkins.
“Above all, ‘The Shape of Water’ is about love overcoming fear and embracing the Other,” Del Toro said in a statement.
“The Post,” Steven Spielberg’s pertinent drama about press freedom, followed with six nominations. The other nominees for the top best drama prize are British World War Two tale “Dunkirk,” gay romance “Call Me By Your Name” and the quirky dramedy “Three Billboards Outside Ebbing, Missouri.”
The Golden Globes are chosen by about 90 journalists belonging to the Hollywood Foreign Press Association, but they often foreshadow picks for the Oscars, the movie industry’s highest awards.
“The Shape of Water” and “The Post” are also among front-runners for Oscars in March. the Screen Actors Guild (SAG) announces its own nominations on Wednesday.
“Call Me By Your Name” took 10 years to get made. It also brought first-time Golden Globe nominations for actors Timothee Chalamet, 21, and Armie Hammer, 31. Chalamet also appears in another Golden Globes contender, “Lady Bird,” though he was not nominated for that role.
The Italian director of “Call Me By Your Name,” Luca Guadagnino, in a statement called it “a great cinematic romance that challenged conventions and proved that love is love.”
Mother-daughter comedy “Lady Bird” got four nods, including for its star, Saiorse Ronan, and Laurie Metcalf, in her supporting role as the title character’s mother. However, first-time director Greta Gerwig was snubbed in an all-male list for that category.
Nominees for the 75th Golden Globe Awards, Best Performance by an Actor in a Motion Picture, Drama category, (L-R) Timothee Chalamet, Daniel Day Lewis, Tom Hanks, Gary Oldman and Denzel Washington are seen in a combination of file photos. REUTERS/File Photos
Other best comedy or musical film nominees included James Franco’s ”The Disaster Artist,“ about the making of the 2003 box office bomb ”The Room; “Get Out,” a satire on modern race relations set within a psychological thriller, the P.T. Barnum musical “The Greatest Showman” and the ice-skating mockumentary “I, Tonya.”
Australian actress and producer Margot Robbie, in her first Golden Globe nod, also was nominated for her starring role in “I, Tonya,” which tells the story of Tonya Harding and the infamous 1994 attack on rival U.S. figure skater Nancy Kerrigan. Allison Janney was nominated for playing Harding’s mother.
“There were a lot of people who said this project was impossible to make. I‘m really glad we didn’t listen to them,” Robbie, 27, told Reuters.
Slideshow (8 Images)
Movie studio Twentieth Century Fox and its Fox Searchlight unit for independent film dominated the nominations, sharing a total of 27 nods.
British actor Gary Oldman, 59, said he was “amazed, flattered and very proud” of his first Golden Globe nomination for his role as British wartime leader Winston Churchill in “Darkest Hour.”
Triple Oscar winner Day-Lewis was recognized for “Phantom Thread,” which he has said will be his last as an actor.
Other first-time Golden Globe movie nominees included Britain’s Daniel Kaluuya for his breakout role in “Get Out,” Sam Rockwell as a dim-witted police officer in “Three Billboards,” and Vietnamese-American actress Hong Chau for her role as a dissident maid in “Downsizing.”
For television, British royal series ”The Crown,“ ”Game of Thrones,“ ”The Handmaid’s Tale, “Stranger Things” and “This Is Us” will compete for the best drama series award.
“Black-ish,” “The Marvelous Mrs. Maisel,” “Master of None,” “SMILF” and “Will & Grace” were nominated in the best TV comedy category. |
Manchester United pair use City's training ground on Argentina duty | Two Manchester United players went behind enemy lines on Monday as Argentina used Manchester City's training facilities to prepare for Friday's friendly against Italy.
United defender Marcos Rojo and goalkeeper Sergio Romero joined up with their other international team-mates, many of whom had made significantly longer journeys to City's Etihad Campus.
Argentina, ranked fourth in the world, face Italy at City's Etihad Stadium on Friday, before taking on Spain at Atletico Madrid's Wanda Metropolitano next Tuesday.
Marcos Rojo (left) and Sergio Romero trained at Manchester City's Etihad Campus on Monday
United defender Rojo is part of the Argentina squad who face Italy in Manchester on Friday
Romero shared a joke with Chelsea goalkeeper Willy Caballero, who used to play for Man City
Barcelona star Messi was not present as the rest of the Argentina squad gathered for their first session in Manchester, but he is expected to feature against Italy.
Messi's former Barca club-mate Javier Mascherano, who recently joined Chinese side Hebei China Fortune, was present though, as were Juventus striker Gonzalo Higuain, Chelsea stopper Willy Caballero and Everton defender Ramiro Funes Mori.
Funes Mori has not played for club or country since March 2017 but is fit again after recovering from a knee injury.
The other Premier League players involved were West Ham playmaker Manuel Lanzini and City's at-home City defender Nicolas Otamendi.
Lionel Messi did not make the start of the session but former club-mate Javier Mascherano did
City defender Nicolas Otamendi (centre) must have felt at home in his everyday surroundings
Everton defender Ramiro Funes Mori (left) was pictured in conversation with Gonzalo Higuain
West Ham United playmaker Manuel Lanzini will be hoping to win his third cap for Argentina
Messi has never won an international trophy with Argentina at senior level, although he did help his country win Olympic Gold as part of an Under 23 side in 2008.
The 30-year-old he recently hinted that this summer's World Cup could be his last chance to bring glory to Argentina and that he will likely call time on his international career if they fall short.
'We feel that, if we won't win the World Cup in Russia, the only way will be to give up the national team,' Messia told La Cornisa.
'I dream of winning the trophy in Russia. My wish is to live something similar to Brazil 2014.
'You can do everything OK and fail, like Argentina in Brazil.'
After playing Italy on Friday, Argentina travel to Madrid to take on Spain next Tuesday evening |
Soccer-Disputed Griezmann penalty gives Atletico edge over Leicester | MADRID, April 12 Antoine Griezmann’s disputed first-half penalty gave Atletico Madrid a slender 1-0 victory over Leicester City in their Champions League quarter final first-leg clash at the Vicente Calderon on Wednesday.
The France striker was fouled by Leicester's Marc Albrighton on the edge of the box and referee Jonas Eriksson deemed the action to have continued into the penalty area.
Griezmann sent Leicester keeper Kasper Schmeichel the wrong way from the spot after 28 minutes for his 24th goal of the season, while Fernando Torres missed a good chance to double the hosts’ lead after the break.
The result left the tie in the balance ahead of the second leg in England on April 18, as Leicester bid to maintain a fairytale run in their first season in Europe's elite club competition. (Editing by Toby Davis) |
Dementia Support Torfaen Younger People | Cookies at Which? We use cookies to help improve our sites. If you continue, we'll assume that you're happy to accept our cookies. Find out more about cookies
OK |
BRIEF-Tourmaline Oil Forecasts 2018 Average Production Of 270,000 Boepd | Dec 11 (Reuters) - Tourmaline Oil Corp:
* TOURMALINE OIL - CONTINUE TO FORECAST 2018 AVERAGE PRODUCTION OF 270,000 BOEPD
* TOURMALINE OIL - ACHIEVED 2017 EXIT PRODUCTION TARGET OF 270,000 BOEPD ON DECEMBER 1
* TOURMALINE - CURRENT PRODUCTION IS 277,000 BOEPD; FURTHER EP ACTIVITIES EXPECTED TO GROW PRODUCTION TO EXCESS OF 280,000 BOEPD BY DEC.-END Source text for Eikon: Further company coverage: |
Glenmachan Tower House | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
BRIEF-Tata Consultancy Services says Vattenfall selects co as strategic partner | UPDATE 2-U.S. regulators still reviewing Fiat Chrysler diesel vehicle fix -lawyer
WASHINGTON, June 14 A U.S. Justice Department lawyer said at a court hearing on Wednesday it could take "weeks or months" before regulators decide whether to approve a software fix for Fiat Chrysler Automobiles NV diesel vehicles. |
BRIEF-Hess Midstream Partners Announces Qtrly Distribution Of $0.3333/Common Unit | April 24 (Reuters) - Hess Midstream Partners LP:
* HESS MIDSTREAM PARTNERS LP ANNOUNCES INCREASED QUARTERLY DISTRIBUTION
* HESS MIDSTREAM PARTNERS LP - BOARD OF DIRECTORS OF ITS GENERAL PARTNER DECLARED A QUARTERLY CASH DISTRIBUTION OF $0.3333 PER COMMON UNIT
* HESS MIDSTREAM PARTNERS LP - DISTRIBUTION REPRESENTS A 3.6% QUARTERLY INCREASE COMPARED TO PARTNERSHIP’S PREVIOUS QUARTERLY DISTRIBUTION Source text for Eikon: Further company coverage: |
Blar Buidhe Care Home | Blar Buidhe is a purpose-built home offering nursing, residential and dementia care in Stornoway, near the A866 and Stornoway airport. Many of the bedrooms have en suite facilities and all are wheelchair friendly, have TV aerial points and a nurse call system. The home has a GP service and there are regular visits from a mobile hairdresser, chiropody and alternative therapy services. There is lift access, and a kitchenette where visitors can make drinks. Residents are welcome to bring small pets. Activities include gardening, animal therapy and church services each Sunday. There is a lawned garden and patio area, while garden enthusiasts have access to the greenhouse.
We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
Louisiana Legislature 2017 special session: 5 takeaways from opening day | Louisiana Gov. John Bel Edwards and his wife Donna, leave after the gov. addressed the special session of the Louisiana Legislature in Baton Rouge Monday, February 13, 2017.
Start the conversation, or Read more at NOLA.com. |
BRIEF-Dong Feng Electronic and Technology unit to buy air compressor business worth up to 33 mln yuan | UPDATE 3-Nestle takes food price rises in its stride
ZURICH, Aug 9 Nestle expects pressure from the rising price of ingredients for its products such as chocolate bars, coffee and soup to ease, helping it meet its target for increasing sales despite tough markets. |
UPDATE 1-Hungary keeps rates at rock bottom to fuel lending boom | (Adds detail, analyst comment)
* Base rate, overnight deposit rate remain at record lows
* No hike expected before European Central Bank lifts rates
* Top c.banker has urged banks to lend more to bolster growth
* C.bank sees big slowdown in economic growth in next two years
BUDAPEST, April 24 (Reuters) - Hungary’s central bank kept its main interest rates at record lows on Tuesday, as expected, looking to boost economic growth with a flood of cheap credit as inflation remains well below its policy target.
One of central Europe’s most dovish central banks kept its base rate at 0.9 percent and the overnight deposit rate at -0.15 percent, both in line with the unanimous forecasts of analysts in a Reuters poll.
In the April 16-18 survey, economists said the bank could start to increase interest rates only after the European Central Bank tightens its own policy, expected in 2019 or if inflation rises significantly.
“The broad economic environment has not changed much. Inflation has been a tad below expectations, but this should only reinforce the stance that loose monetary policy can continue,” said analyst Sandor Jobbagy at CIB Bank.
“The conduct of the ECB will be crucial, but there has not been any new information from that front, which would nudge the Hungarian central bank towards a change in policy.”
Annual headline inflation ran at 2 percent in March, below the bank’s 3 percent policy target, which has a tolerance band of a percentage point on both sides. It expects inflation to reach its target in a sustainable way by the middle of 2019.
Having cut borrowing costs to record lows, central bank Deputy Governor Marton Nagy urged banks last week to lend even more to sustain the pace of economic growth, which rose to a three-year-high of 4 percent last year.
Nagy told a conference that corporate lending growth could rise to an annual 10-15 percent, while growth in household lending should be even faster, and this should go together with a rise in wages.
“In emphasising the need for easier lending conditions, the speech reiterated the dovish outlook of the (central bank),” analysts at Goldman Sachs said.
Prime Minister Viktor Orban, re-elected for another four years in a landslide earlier this month, has said his government would aim to maintain at least 4 percent economic growth in the coming years.
That will require some new impetus, as the central bank’s latest projections showed growth slowing substantially in the next two years due to lower spending from European Union funds and as the government’s fiscal stimulus runs out.
Analysts expect the base rate to remain on hold at least until 2020. (Reporting by Gergely Szakacs Editing by Catherine Evans) |
BRIEF-Chubb Ltd Reports Q1 Earnings Per Share $2.30 | April 24 (Reuters) - Chubb Ltd:
* CHUBB REPORTS FIRST QUARTER PER SHARE NET INCOME AND CORE OPERATING INCOME OF $2.30 AND $2.34, RESPECTIVELY, INCLUDING CATASTROPHE LOSSES OF $0.64 PER SHARE VERSUS $0.35 PRIOR YEAR; NET PREMIUMS WRITTEN UP 5.9%
* Q1 EARNINGS PER SHARE $2.30
* Q1 EARNINGS PER SHARE VIEW $2.26 — THOMSON REUTERS I/B/E/S
* QTRLY P&C NET PREMIUMS WRITTEN WERE $6.5 BILLION, UP 5.8%
* QTRLY P&C COMBINED RATIO WAS 90.1% COMPARED WITH 87.5% PRIOR YEAR
* AT MARCH 31 2018, BOOK VALUE/SHARE, TANGIBLE BOOK VALUE/SHARE DECREASED 0.2% AND 0.3%, RESPECTIVELY, FROM DECEMBER 31, 2017
* AT QUARTER-END FOREIGN CURRENCY MOVEMENT FAVORABLY IMPACTED BOOK VALUE BY $310 MILLION AFTER-TAX AND TANGIBLE BOOK VALUE BY $136 MILLION AFTER-TAX Source text for Eikon: Further company coverage: |
BRIEF-Landis&Gyr Q1 net revenue at $433 mln | Aug 14 (Reuters) - LANDIS&GYR GROUP AG:
* POSTED USD 433 MILLION IN NET REVENUE (UNAUDITED) AND USD 54.6 MILLION IN ADJUSTED EBITDA (UNAUDITED) FOR THE THREE MONTHS ENDED JUNE 30, 2017 Source text - bit.ly/2vweOxh Further company coverage: (Gdynia Newsroom) |
Botswana's race of one | On Tuesday, Makwala told the BBC he had been ready to race and was fit and well for the 400 metres final later in the day. Shortly afterwards, the IAAF withdrew him from that race as well. Makwala still went to the stadium on Tuesday but when he...more
On Tuesday, Makwala told the BBC he had been ready to race and was fit and well for the 400 metres final later in the day. Shortly afterwards, the IAAF withdrew him from that race as well. Makwala still went to the stadium on Tuesday but when he attempted to go through the dedicated athletes' entrance an official and security personnel barred his way and he was led away. REUTERS/Fabrizio Bensch
Close |
BRIEF-China Properties Investment says unit entered into loan agreement | May 2 China Properties Investment Holdings Ltd :
* Triple Glory Holdings, an indirect wholly-owned subsidiary of company, entered into loan agreement with borrower
* Term loan in principal amount of HK$10 million Source text for Eikon: Further company coverage: |
TABLE-Marimo Regional Revitalization Reit-10 MTH results | Feb 14 (Reuters) Marimo Regional Revitalization Reit, Inc. FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 10 months and 27 days 6 months 6 months ended Dec 31, 2016 to Jun 30, 2017 to Dec 31, 2017 LATEST COMPANY COMPANY RESULTS FORECAST FORECAST Revenues 608 mln 724 mln 724 mln (+19.0 pct ) (0.0 pct ) Net 49 mln 244 mln 244 mln (+394.0 pct ) (-0.3 pct ) Div 545 yen 2,693 yen 2,686 yen To see Company Overview page, click reuters://REALTIME/verb=CompanyData/ric=3470.T |
Lawmaker proposes immunity for people reporting overdoses | Wyoming residents calling to report drug overdoses could be protected from criminal charges under a proposed bill by a Laramie lawmaker. The Casper Star-Tribune reports that Rep. Charles Pelkey, a Democrat, is sponsoring a bill that would give people immunity from prosecution of drug possession charges if they or a friend overdoses.
Start the conversation, or Read more at KSL-TV. |
Part of May River Road closed after deadly car accident | May River Road will be closed between Buckwalter Parkway and Gibbet Road for several hours Friday evening while police investigate a deadly car accident. A three-car accident just after 5 p.m. in front of the Rose Dhu Creek subdivision left one person dead at the scene, a Bluffton Police Department news release said.
Start the conversation, or Read more at Bluffton Today. |
Which? Elderly Care | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
Yuma's Most Wanted 4-17-17 | As a public service, the Yuma Sun is publishing the names and photographs of the following people sought by the Yuma County Adult Probation Department or the U.S. Marshals Service as probation absconders. If you have information that would lead to the arrest of any of them, call surveillance officer Frank Silva at 373-1690.
Start the conversation, or Read more at Yuma Sun. |
Thirsty Thursday: Battle Road brews take inspiration from Colonial quaffs | HISTORIC HOP ADVENTURES: Brewer Jeremy Cross shows off a selection of his beers and Southern-insipired barbecue at Battle Road Brewing Co. in Maynard.
Start the conversation, or Read more at Boston Herald. |
EU lawmakers to investigate alleged misuse of Facebook users' data | BRUSSELS (Reuters) - EU lawmakers will investigate whether the data of more than 50 million Facebook users has been misused, the head of European Parliament said on Monday.
A 3D-printed Facebook logo is seen in front of the logo of the European Union in this picture illustration made in Zenica, Bosnia and Herzegovina on May 15, 2015. REUTERS/Dado Ruvic
Antonio Tajani urged the social media giant to take more responsibility, saying on Twitter that “allegations of misuse of Facebook user data is an unacceptable violation of our citizens’ privacy rights.”
Data analytics firm Cambridge Analytica harvested private information from more than 50 million Facebook users in developing techniques to support President Donald Trump’s 2016 election campaign, the New York Times and London’s Observer reported on Saturday. |
Archbishop Capucci, deported in '70s from Israel, dies | Monsignor Hilarion Capucci, who was an archbishop in Jerusalem when Israel convicted him in 1976 of using his diplomatic status to smuggle arms to Palestinian militants in the occupied West Bank, has died. He was 94. A native of Aleppo, Syria, the Greek-Melkite priest had a history of activism linked to the Palestinian and other Middle East conflicts.
Start the conversation, or Read more at The Progress. |
BRIEF-2C Partners Q4 net profit up at 2.2 million zlotys | Hong Kong stocks touch 5-month highs after Wall St's record close
Feb 15 Hong Kong stocks hit a five-month high on Wednesday, after Federal Reserve Chair Janet Yellen's comments on the U.S. economy and rising interest rate hike expectations sent Wall Street to record highs. |
The next challenge to public sector union fees | The Center for Individual Rights filed a lawsuit last week challenging public sector unions’ ability to collect fees from nonmembers, nearly a year after the death of a U.S. Supreme Court justice stymied its last bid to stop that practice.
But that conservative advocacy group and its lead lawyer, Michael Carvin of Jones Day, may have to get in line behind the National Right to Work Committee, which already has seven cases on similar grounds percolating in the courts, including one that is a step away from the Supreme Court.
To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2kmc41C |
BRIEF-Sutherland Asset Management Corp says on February 13, unit of co issued $75 million in aggregate principal amount of its 7.50% senior secured notes due 2022 | Britain raises concerns with GM over possible Vauxhall sale to France's PSA
LONDON, Feb 15 Britain has contacted the president of General Motors to express concerns after the American firm opened talks to sell its European operations, including the Vauxhall plants in England, to France's PSA Group . |
Hackers hit major ATM network after U.S., Russian bank breaches: report | FRANKFURT (Reuters) - A previously undetected group of Russian-language hackers silently stole nearly $10 million from at least 18 mostly U.S. and Russian banks in recent years by targeting interbank transfer systems, a Moscow-based security firm said on Monday.
FILE PHOTO: A magnifying glass is held in front of a computer screen in this picture illustration taken in Berlin May 21, 2013. REUTERS/Pawel Kopczynski
Group-IB warned that the attacks, which began 18 months ago and allow money to be robbed from bank automated teller machines (ATMs), appear to be ongoing and that banks in Latin America could be targeted next.
The first attack occurred in the spring of 2016 against First Data’s (FDC.N) “STAR” network, the largest U.S. bank transfer messaging system connecting ATMs at more than 5,000 organizations, Group-IB researchers said in a 36-page report.
The firm said it was continuing to investigate a number of incidents where hackers studied how to make money transfers through the SWIFT banking system, while stopping short of saying whether any such attacks had been carried out successfully.
SWIFT said in October that hackers were still targeting its interbank messaging system, but security controls instituted after last year’s $81 million heist at Bangladesh’s central bank had thwarted many of those attempts. (reut.rs/2z1b7Bo)
Group-IB has dubbed the hacker group “MoneyTaker” after the name of software it used to hijack payment orders to then cash out funds through a network of low-level “money mules” who were hired to pick up money from automated teller machines.
The security researchers said they had identified 18 banks who were hit including 15 across 10 states in the United States, two in Russia and one in Britain. Beside banks, financial software firms and one law firm were targeted.
The average amount of money stolen in each of 14 U.S. ATM heists was $500,000 per incident. Losses in Russia averaged $1.2 million per incident, but one bank there managed to catch the attack and return some of the stolen funds, Group-IB said.
Hackers also stole documentation for OceanSystems’ Fed Link transfer system used by 200 banks in Latin America and the United States, it said. In addition, they successfully attacked the Russian interbank messaging system known as AW CRB.
Once hackers penetrated targeted banks and financial organizations, they stole internal bank documentation in order to mount future ATM attacks, Group-IB said. In Russia, the hackers continued to spy on bank networks after break-ins, while at least one U.S. bank had documents robbed twice, it said.
Group-IB said it had notified Interpol and Europol in order to assist in law enforcement investigations.
The unidentified hackers used a mix of constantly changing tools and tactics to bypass anti virus and other traditional security software while being careful to eliminate traces of their operations, helping them to go largely unnoticed. To disguise their moves, hackers used security certificates from brands such as Bank of America, the Fed, Microsoft and Yahoo. |
BRIEF-Savanna announces receipt of demand for payment pursuant to second lien credit facility | April 12 Savanna Energy Services Corp
* Savanna announces receipt of demand for payment pursuant to second lien credit facility
* Savanna energy services -reviewing impact of notice and refinancing options, will look to engage with total with respect to refinancing options
* Savanna energy services corp - received notice of event of default pursuant to credit facility with aimco as result of acquisition by total energy services
* Aimco has demanded immediate payment of all obligations outstanding under facility Source text for Eikon: Further company coverage: |
New program connects volunteers with opportunities in West Prince | A new online tool makes it easier for people to sign up to volunteer at hospitals and long term care facilities in West Prince. Volunteers in West Prince now have an easier way to find out about and sign up for volunteer opportunities with Health PEI.
Start the conversation, or Read more at CBC News. |
BRIEF-Norwegian Finans Holding: private placement fully subscribed | Fitch Affirms Bahrain at 'BB+'; Outlook Stable
(The following statement was released by the rating agency) HONG KONG, February 15 (Fitch) Fitch Ratings has affirmed Bahrain's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at 'BB+' with a Stable Outlook. The Country Ceiling has been affirmed at 'BBB+' and the Short-Term Foreign and Local Currency IDRs at 'B'. The issue ratings on Bahrain's senior unsecured foreign and local currency long-term bonds have been affirmed at 'BB+'. The ratings on the sukuk trust certificat |
BRIEF-BMW says U.S. April sales down 12.2 percent | UPDATE 3-Nestle takes food price rises in its stride
ZURICH, Aug 9 Nestle expects pressure from the rising price of ingredients for its products such as chocolate bars, coffee and soup to ease, helping it meet its target for increasing sales despite tough markets. |
Pinehurst Resource Centre | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
BRIEF-Commonwealth Bank Of Australia updates on customer and employee review and remediation actions | Aug 14 (Reuters) - Commonwealth Bank Of Australia
* Commonwealth bank provides an update on customer and employee review and remediation actions
* Review of superannuation payments is ongoing; first tranche estimated to be $16.7 million plus interest
* Commonwealth Bank Of Australia says will be contacting 36,000 current and former employees eligible for additional payments, after review of superannuation payments
* Agreed with asic to refund credit card plus insurance customers who were not eligible to receive these benefits for period between 2011 and 2015
* Identified that some customers who had purchased home loan protection insurance had been charged an incorrect premium amount
* Expects refunds to total about $10 million for credit card plus insurance customers
* Asic was notified about an issue affecting some insurance products
* Refunded about 9,600 customers about $586,000 including interest for home loan protection insurance who were charged incorrect amounts
* Reviewed 4.5 million disputed card transactions going back to 2009 & will shortly commence refunding approximately $5 million
* Number of customers impacted by issue of insurance products is expected to be below 1,000 Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com) |
Chirinos drives in three as Rangers hold off Mariners | Robinson Chirinos went 3-for-5 with three RBIs, including a two-run double with the bases loaded in the seventh inning that snapped a tie, as the Texas Rangers defeated the host Seattle Mariners 7-6 Wednesday night at Safeco Field.
Relievers Tony Barnette (1-0), Jose Leclerc, Alex Claudio and Keone Kela combined for 3 2/3 innings of one-run relief. Kela pitched the ninth for his 12th save of the season.
The Rangers overcame a 5-3 deficit when they batted around in a four-run seventh.
Right-hander Ryan Cook walked leadoff hitter Delino DeShields and Shin-Soo Choo grounded a single into right field. Isiah Kiner-Falefa's sacrifice bunt put the runners in scoring position. Left-hander Marc Rzepczynski (0-1) came on to face Nomar Mazara, who grounded a two-run single to center field to tie the score at 5-5 and advanced to second on the throw home.
After an intentional walk to Jurickson Profar, Joey Gallo also walked, loading the bases. Right-hander Juan Nicasio came on to face Chirinos, who hit the first pitch down the right field line for a two-run double to break the tie.
Mariners left-hander James Paxton allowed two runs on four hits in five innings but was replaced after throwing 89 pitches. Paxton walked four and struck out five.
Rangers left-hander Matt Moore, in his first game back from the disabled list because of a sore right knee, gave up five runs (four earned) on eight hits in 5 1/3 innings. He walked two and struck out six.
The Mariners opened the scoring in the third on doubles by Jean Segura and Mitch Haniger.
The Rangers took the lead with two runs in the top of the fourth, including a run-scoring triple by Profar.
The Mariners responded with three runs in the bottom of the inning. With the bases loaded, a passed ball by Chirinos and a wild pitch by Moore allowed the Mariners to take the lead. Segura's sacrifice fly made it 4-2.
The Rangers got a run back in the sixth off right-hander Dan Altavilla on Chirinos' run-scoring single.
The Mariners extended the lead to 5-3 in the bottom of the inning as Mike Zunino led off with a double down the left field line and scored on a single by Gordon Beckham.
--Field Level Media |
Romania's ruling Social Democrat ready to form new cabinet -Dragnea | BUCHAREST, June 14 (Reuters) - Romania's ruling leftist Social Democrats (PSD) are ready to form a new coalition government with its junior ally ALDE to replace outgoing Prime Minister Sorin Grindeanu, PSD leader Liviu Dragnea said on Wednesday.
"This hasn't been an easy task (to withdraw support for Grindeanu)," Dragnea told reporters. "Maybe this is a premiere in politics - that a party has the courage to X-ray its own six-month cabinet and take the right decision." (Reporting by Radu Marinas; editing by Mark Heinrich) |
What is Andrew Lincoln’s net worth? The Walking Dead star’s wealth revealed | The star of The Walking Dead, Andrew Lincoln, reportedly will be walking off the hit show after season 9.
The British actor has played the lead role of Rick Grimes on the AMC zombie series for the past eight years, and according to Us Weekly, the star will quit the show during season 9.
The outlet cited a source saying: 'Andrew is leaving because he's had enough of it and wants to focus his energy on movies.’
The actor is set to appear in just six of the 16 episodes of The Walking Dead’s ninth season.
Andrew Lincoln is set to leave AMC's The Walking Dead during the show's ninth season
Meanwhile, it has been reported that Lincoln’s co-star Norman Reedus, who is currently expecting a child with girlfriend Diane Kruger, will take over as the show’s lead, having negotiated a $20 million paycheck to stick with the series.
Here is all you need to know about Andrew Lincoln, including his net worth, wife Gael Anderson, and his career.
Who is Andrew Lincoln?
Andrew Lincoln was born Andrew James Clutterbuck in London on September 14, 1973.
He grew up in Hull after his father had to move there for his job as a civil engineer.
He attended Beechen Cliff comprehensive, and after auditioning for the school play of Oliver! He fell in love with acting.
Lincoln then studied at RADA and, fresh out of the acting school, landed his breakthrough role of law graduate Edgar ‘Egg’ Cook in the 1996 BBC series This Life. Lincoln’s agent reportedly told the actor to drop his Clutterbuck surname.
‘He told me it sounded ridiculous, like I was some Dickensian poorhouse worker,’ Lincoln told The Scotsman back in 2004. ‘My dad was really upset and my grandad didn’t speak to me for a while.’
The series ran for two seasons and 33 episodes and was a huge hit at the time. A reunion special called This Life + 10 was filmed in 2007.
He followed up his breakthrough with British dramas such as The Woman in White before finding more success in Channel 4’s early-aughts comedy series Teachers.
During that time he also served as the narrator of the reality TV series, Shipwrecked.
In 2003, Lincoln starred in Richard Curtis’s Christmas romantic drama Love Actually.
In his role as Mark, the hapless romantic who falls for his best friend’s wife (played by Keira Knightley) the actor appeared in one of the film’s most famous scenes where Mark confessed his true feelings through a series of white cards.
The film became a global hit and raised the actor’s profile even further.
During the late aughts, Lincoln appeared in shows such as Afterlife, Wuthering Heights and Strike Back.
In 2010, Lincoln was cast in his most famous role to date, that of Sheriff deputy Rick Grimes in AMC’s post-apocalyptic zombie series the Walking Dead.
Lincoln played the lead role in eight seasons of the show and will depart during the upcoming ninth season, which is scheduled to air at the end of 2018.
What is Andrew Lincoln’s net worth?
Andrew Lincoln’s net worth is estimated to be $16 million (£12m), according to Celebrity Net Worth.
Lincoln is also reportedly paid $650,000 per episode on the season 8 of The Walking Dead.
Andrew Lincoln’s wife
Andrew Lincoln is married to Gael Anderson, the daughter of Jethro Tull frontman Ian Anderson. The couple married in 2006 and have two children, Matilda and Arthur.
In a 2010 interview with The Scotsman, Lincoln described his feelings for his wife: 'I saw someone that I just fell for, it was amazing.
'Ours is a very ordinary love story, I suppose. We met, we spent time together, and then I proposed and we got married and had children.'
'I think about my family and Gael's, we're a rare breed now. My parents are still together and so are hers, and I think that's why we wanted to get married.' |
BRIEF-Prospect Capital reports pricing of $225 mln of 4.95 pct convertible notes | U.S.-based bond funds net most cash in nearly 2 years -ICI
By Trevor Hunnicutt NEW YORK, June 14 U.S. fund investors downgraded their expectations for the domestic economy and snapped up bonds during the latest week, dropping the most cash into debt funds in more than 23 months, Investment Company Institute data showed on Wednesday. Bond mutual funds and exchange-traded funds in the United States pulled in $13.6 billion during their 24th consecutive week of inflows and posted their best result since June 2015, the trade group sai |
6 senators propose investigation into Greitens' ethics | Gov. Eric Greitens speaks to supporters during a May 23 rally outside the Capitol. Six Missouri lawmakers are proposing a bipartisan investigation into Greitens' possible violations of ethics laws.
Start the conversation, or Read more at News Tribune. |
Wife Discovered With Husband's Heart, Centuries After Death | The heart of Toussaint de Perrien, Knight of Brefeillac, was sealed in this lead container after his death in 1649 and eventually buried with the body of his wife Louise de Quengo, who died seven years later. The 17th-century burial of a French noblewoman that included the embalmed heart of her husband is not only a trs romantic gesture, but also a scientific phenomenon that has never been seen before in archaeology, according to a recent study on the emergence of modern burial practices in Europe.
Start the conversation, or Read more at National Geographic. |
Send Press Releases with GlobeNewswire | ERAITA TIETOJA KASOLA OYJ:LLE SIIRTYVASTA NURMINEN LOGISTICS -LIIKETOIMINNASTA - OIKAISU AIKAISEMMIN JULKISTETTUIHIN TALOUDELLISIIN TIETOIHIN - NURMINEN LOGISTICSIA KOSKEVA LISTALLEOTTOESITE ON HYVAKSYTTY CERTAIN INFORMATION ON THE NURMINEN LOGISTICS BUSINESS TO BE TRANSFERRED TO KASOLA PLC - CORRECTION IN THE FINANCIAL INFORMATION PUBLISHED PREVIOUSLY - PROSPECTUS REGARDING NURMINEN LOGISTICS HAS BEEN APPROVE
Start the conversation, or Read more at GlobeNewswire. |
Soccer-Shakespeare's Foxes ready for Atletico despite Everton blow | LIVERPOOL, England, April 9 Leicester City manager Craig Shakespeare said Sunday's 4-2 loss at Everton, his first defeat since taking over from Claudio Ranieri, would not affect his squad as they prepare for a Champions League quarter-final against Atletico Madrid.
The champions had won all five Premier League games under Shakespeare, as well as defeating Sevilla in the Champions League, but despite being 2-1 up after ten minutes, the winning run ended at Goodison Park.
Yet Shakespeare said he had no fears their confidence or momentum would be hampered before the first leg of their historic tie in Madrid on Wednesday.
"I don't think so at all. The players are resilient. I have just told them we have been on a really good run and we have to start again, we have to go on another good run," he added.
Shakespeare made five changes at Everton and confirmed he had done so with future fixtures in mind.
"I think the team selection was with the games coming up in mind. We've got a lot coming up -- Wednesday, Saturday and Tuesday -- but we've got a good squad," he said.
"We didn't come to try to get a point, the team was picked to try to get three points. The selection was about squad rotation more than anything else."
Despite going down to a Tom Davies goal in the first minute, Leicester fought back to lead 2-1 before Everton regrouped and put the game beyond them.
Shakespeare fell one game short of equalling the record for a manager's best start to a career in the Premier League, the six-match landmark held jointly by Carlo Ancelotti and Pep Guardiola.
Yet he was unconcerned about personal milestones, being more worried about his team's defending at corners, which cost Leicester the decisive last two goals.
"Everton have some very good offensive players but in general it was the set plays that were the most disappointing because ultimately they have won the game on two of those," he said.
"We weren't aggressive enough and didn't have enough intent to go and attack the ball, so from that point of view it was more of how we defended as a team."
Shakespeare confirmed the expected news that captain and central defender Wes Morgan would not be able to play in Madrid due to the back injury which kept him out of the clash at Goodison. (Editing by Ian Chadband) |
BRIEF-Khonburi Sugar Pcl Appoints Chaiyapong Poosunthornsri As Managing Director | March 19 (Reuters) - Khonburi Sugar Pcl:
* APPOINTS CHAIYAPONG POOSUNTHORNSRI AS MANAGING DIRECTOR Source text for Eikon: Further company coverage: |
Reports: IS believed to be behind Istanbul nightclub attack | An assailant believed to have been dressed in a Santa Claus cos... . This image taken from CCTV provided by Haberturk Newspaper Sunday Jan. 1, 2017 shows the attacker, armed with a long-barrelled weapon, shooting his way into the Reina nightclub in Istanbul, Turkey on Sunday morning.
Start the conversation, or Read more at KHQ-TV Spokane. |
Chris Pratt impressive six-pack ripped physique shirtless | The second Guardians of the Galaxy movie is coming and Chris Pratt gave six good reasons to watch it, on Monday.
The 37-year-old actor flashed his impressive six-pack in a new teaser for the movie.
His shirtless ripped physique sets temperatures rising in the clip of the forthcoming Marvel film.
Scroll down for video
Thanks Chris: Chris Pratt flashes his impressive six-pack and ripped physique as he goes shirtless in new Guardians of the Galaxy 2 teaser
He's also seen popping a shirt on, and then at the controls.
Gamora, played by Zoe Saldana, is seen looking far less impressed with Peter Quill/Star-Lord (Pratt), telling him: 'You're insufferable.'
The sequel also brings back Dave Bautista as Drax the Destroyer, as well as Bradley Cooper (Rocket), Vin Diesel (Baby Groot), Karen Gillan (Nebula) and Michael Rooker (Yondu Udonta).
Hunk: The 37-year-old actor flashed his abs in a new teaser for the movie
Stripping off: His shirtless ripped physique sets temperatures rising in the clip of the forthcoming Marvel film
The movie also introduces new characters played by Elizabeth Debicki (Ayesha) and Kurt Russell (Ego).
'The Guardian must be destroyed,' Debicki's character is heard saying.
Saldana recently promised fans they will not be disappointed with the second installment.
But why? He's also wearing clothes in some scenes
Green queen: Zoe Saldana returns in character too
More comedy: The pretty star promised fans they won't be disappointed by the sequel
She told E!:'We'll have a lot more comedy, a lot more action, a lot more heart. I feel that sequels are meant for that. If you can't aim for a sequel to be better than your first movie then you really shouldn't be doing a sequel. [Writer and director] James Gunn has just a lot more to say about the Guardians of the Galaxy, and he really went to town with this storyline.'
'Whoever doesn't love Chris Pratt is crazy! He's one of my favorite actors that I've ever had the opportunity to work with. I think that what makes him a very special actor is his humanity,' Saldana told them, continuing: 'He's such a great guy, he's so open and he's really naturally funny.'
The best part about Pratt, Saldana explained to E! is that 'he's not one of those comedians who's super dark in real life. His life is that animated, he is that happy-go-lucky kind of person, and he radiates all this happiness around him.'
Guardians of the Galaxy Vol. 2, is scheduled to be released on May 5, 2017, with a third film, Guardians of the Galaxy Vol. 3, already planned, with Gunn returning to write and direct. |
ASLS (Avens Limited) | Cookies at Which? We use cookies to help improve our sites. If you continue, we'll assume that you're happy to accept our cookies. Find out more about cookies
OK |
French govt bond trading doubles as election jitters deepen -Trax | LONDON Feb 14 The volume of French government bonds changing hands has doubled this month, as uncertainty surrounding the upcoming election has lifted the premium investors demand for holding French over German debt to its highest in four years, figures showed on Tuesday.
Activity in French corporate bonds has been just as frenetic, with average daily volume so far in February on track to break January's record, according to Trax, a subsidiary of MarketAxess.
Average daily trading volume for French government debt so far this month stands at 16.5 billion euros, Trax figures show. That's up 47 percent from January's average of 11.2 billion euros, and double the daily average of 8 billion euros over the past year.
January's total volume was 236.1 billion euros, up 40 percent from the monthly average last year, Trax said.
French bonds have underperformed Italian, Spanish and German bonds so far this year, according to Goldman Sachs analysts. The 10-year yield spread over ultra-safe German bonds nudged 80 basis points this month, the highest since November 2012.
Investors are nervous that far-right leader Marine Le Pen could win this spring's election. She is running on a platform of populism and protectionism, and has pledged to take France out of the euro.
Bank of America Merrill Lynch's latest survey of global fund managers published on Tuesday showed that 36 percent of those polled said euro disintegration risk from Europe's election calendar this year posed the biggest tail risk event for global markets.
"We recommend a cautious approach for now, but we believe idiosyncratic concerns about French politics are getting overblown," Societe Generale rates strategists said in a note on Tuesday.
In French corporate bond trading, average daily volume last month hit a record 1.2 billion euros, Trax said. So far this month, average daily volume stands at 1.4 billion euros.
Trax provides post-trade services for around two-thirds of all fixed-income transactions in Europe. (Reporting by Jamie McGeever; Editing by Dominic Evans) |
BRIEF-Infant Bacterial Therapeutics H2 operating loss widens to SEK 22.0 mln | BRIEF-Healthway Medical Corp Ltd says expects to record loss for 4Q2016
* Expected results due to impairment of certain receivables, as well as goodwill Source text for Eikon: Further company coverage: |
Judges won't extend confirmation ban in N. Carolina Senate | The Republican-controlled North Carolina legislature can keep for now its authority to confirm Cabinet secretaries of the new Democratic governor, a state judicial panel has ruled. Three trial court judges rejected the request of Gov. Roy Cooper to extend a temporary block on the confirmation law the judges had issued last week.
Start the conversation, or Read more at Fredericksburg.com. |
Clare House Care Home | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
Westcott House Nursing Home | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
U.S. Gulf Coast prepares for tropical storm that killed 22 | By Enrique Andres Pretel
SAN JOSE, Oct 6 (Reuters) - Oil and gas producers pulled staff from offshore platforms while Alabama, Florida and Mississippi declared states of emergency as Tropical Storm Nate twisted toward the U.S. Gulf Coast on Friday after killing at least 22 people in Central America.
Nate is predicted to become a Category 1 hurricane, the weakest level on a five-category scale used by meteorologists, by the time it hits the U.S. central Gulf Coast on Saturday night or Sunday.
The storm had been heading toward Mexico's Yucatan peninsula, but its path changed Friday morning, according to the National Hurricane Center in Miami, indicating that it would only skim popular tourist destinations such as Cancun.
Nate was blowing maximum sustained winds of 50 miles per hour (80 kmh) and was about 125 miles (200 km) southeast of the Mexican holiday resort island of Cozumel early on Friday afternoon, according to the NHC.
The storm is expected to brush by the edge of the Yucatan peninsula, home to beach resorts such as Cancun and Playa del Carmen, before heading into the Gulf of Mexico, the NHC said.
In the United States, a state of emergency was declared for 29 Florida counties and the states of Alabama, Louisiana and Mississippi, as well as the city of New Orleans, devastated by Hurricane Katrina in 2005.
The NHC has issued a hurricane watch from Grand Isle, Louisiana to the Alabama/Florida border.
On Friday afternoon, Nate was moving northwest at 21 miles per hour (34 kmh), a fast pace which if maintained would mean the storm did less damage when it hits land.
CENTRAL AMERICA DEATHS
The storm doused Central America with heavy rains on Thursday, killing at least 11 people in Nicaragua, eight in Costa Rica, two in Honduras and one in El Salvador, local authorities said.
Thousands were forced to evacuate their homes and Costa Rica's government declared a state of emergency, closing schools and all other non-essential services.
Costa Rican President Luis Guillermo Solis declared three days of mourning and urged residents to remain vigilant through the weekend, noting rains would likely resume.
In Honduras, anxious residents wondered whether they would have to flee their homes. Norma Chavez and her two children anxiously watched a river rise outside their home in Tegucigalpa, the capital.
"We are worried that it will grow more and carry away the house," said Chavez, 45.
Nate is expected to produce six to 10 inches (15 to 25 cm) of rain in parts of Honduras and Nicaragua, two to four inches (5 to 10 cm) of rain in eastern Yucatan and western Cuba and three to six inches (8 to 15 inches) of rain in the U.S. central Gulf Coast.
About 71 percent of U.S. Gulf of Mexico oil production and 53 percent of natural gas output is offline ahead of Nate's arrival, the U.S. Department of the Interior's Bureau of Safety and Environmental Enforcement (BSEE) said on Friday.
Oil companies have evacuated staff from 66 platforms and five drilling rigs, it said. Oil production equaling 1.24 million barrels of crude per day is offline, according to BSEE. (Additional reporting by Julia Love in Mexico City,; Gustavo Palencia in Tegucigalpa, Gary McWilliams in Houston and Colleen Jenkins; Writing by Julia Love; Editing by Alistair Bell) |
BRIEF-Vienna Insurance Group To Merge Croatian Group Companies | Dec 11 (Reuters) - VIENNA INSURANCE GROUP:
* TO MERGE CROATIAN GROUP COMPANIES
* CROATIAN BANCASSURER ERSTE OSIGURANJE DUE TO MERGE WITH WIENER OSIGURANJE AT END OF APRIL 2018
* AIMS TO INCREASE ITS MARKET SHARE IN CROATIA TO AT LEAST 10 PERCENT IN THE MEDIUM TERM Source text - bit.ly/2BbhHY3 Further company coverage: (Gdynia Newsroom) |
HIGHLIGHTS-Bank of Korea Governor Lee's comments at news conference | SEOUL, April 13 South Korea's central bank kept interest rates unchanged for a 10th straight month on Thursday, wary of geopolitical risks around North Korea and ahead of a much-anticipated U.S. Treasury report on foreign currency policy.
Following are key remarks from Bank of Korea Governor Lee Ju-yeol's news conference, translated by Reuters:
RATE DECISION:
"The Monetary Policy Board of the Bank of Korea decided today to leave the Base Rate unchanged at 1.25 percent for the intermeeting period."
ECONOMY:
"Looking at the real economy, growth has expanded somewhat even though consumption remained weak."
MONETARY POLICY:
"The need to cut interest rate has diminished compared with before. But as there is geopolitical risks and other uncertainties, we will keep (monetary policy) accommodative to continue to support the economic recovery." (Reporting by Cynthia Kim; Editing by Sam Holmes) |
LEADING OFF: Sale goes for No. 9; Hoffman tries for 5th | A look at what's happening all around the majors Thursday:
___
SURGING SALE
Red Sox ace Chris Sale goes for his eighth straight win and ninth of the season in the finale of a three-game series at Philadelphia. It would tie Sale, 7-0 in his last eight starts, with Houston's Dallas Keuchel (9-0), Kansas City's Jason Vargas (9-3) and the Los Angeles Dodgers' Clayton Kershaw (9-2) for the major league lead in wins.
STAYING UNBEATEN
Colorado rookie Jeff Hoffman will look for his fifth straight win when the Rockies host San Francisco in the opener of a seven-game homestand. Hoffman is 4-0 with a 2.10 ERA in four starts.
SIXTH MAN
With the New York Mets using a six-man rotation during a long stretch between days off, Robert Gsellman gets another start in the opener of a four-game series against NL East-leading Washington. After making two relief appearances, the rookie right-hander is 3-0 with a 2.16 ERA in four starts. He faces Nationals lefty Gio Gonzalez, who is 9-1 with a 1.62 ERA in 14 starts at Citi Field.
FIRST START
Matt Strahm makes his first career start in the opener of Kansas City's four-game series at the Los Angeles Angels. The left-hander was 1-3 with a 4.05 ERA in 20 appearances out of the bullpen this season.
___
More AP baseball: https://apnews.com/tag/MLBbaseball |
Abbeyfield Deben Extra Care Society Limited | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
BRIEF-Shen Zhen Mindata Holding sees FY 2018 H1 net profit up 80 pct to 110 pct | April 24 (Reuters) - Shen Zhen Mindata Holding Co Ltd
* Says it sees FY 2018 H1 net profit to increase by 80 percent to 110 percent, or to be 64.3 million yuan to 75 million yuan
* Says FY 2017 H1 net profit was 35.7 million yuan
Source text in Chinese:goo.gl/JckBhc
Further company coverage: (Beijing Headline News) |
BRIEF-Asatsu-DK to retire 400,000 treasury shares | March 29 Asatsu-DK Inc:
* To retire 400,000 shares (0.95 pct stake) of its common stock on April 14
* Says the total shares outstanding will be 41,755,400 shares after the retirement
Source text in Japanese: goo.gl/5ksQOv
Further company coverage:
(Beijing Headline News) |
Mandy Moore steps out for some shopping in Beverly Hills | Mandy Moore was spotted shopping in Beverly Hills on Wednesday.
Appearing slightly tense at first, the 33-year-old This Is Us actress was all smiles as she later emerged back onto the street with a series of shopping bags.
The stunning star appeared to have made purchases from stores including Elizabeth And James and Madewell.
Stepping out: A stylish Mandy Moore was spotted shopping in Beverly Hills on Wednesday, and was seen clutching a series of shopping bags
Mandy looked chic on the outing, in a patterned navy blue dress, which sat just below her knees.
The dress featured shirring around the bodice and sat off the shoulder.
She also wore a thick knitted cream cardigan draped over her shoulders.
The stylish star carried a grey leather handbag on one shoulder.
Shop to it: The stunning star appeared to have made purchases from stores including Elizabeth And James and Madewell
Dressed to impress: Mandy looked chic on the outing, in a patterned navy blue dress, which sat just below her knees
She also donned a pair of slip-on mustard-colored suede sandals with a block heel.
The shoes featured knot detailing at the front.
Mandy also wore a pair of round sunglasses and gold hoop earrings.
Her shoulder-length brown hair was loose in waves.
Keeping busy: The A Walk To Remember actress has been hard at work promoting her new movie, 47 Meters Down
The A Walk To Remember actress has been hard at work promoting her new movie, 47 Meters Down.
The film tells the story of two sisters, played by Mandy and Australian actress Claire Holt, 29, who find themselves stranded in a shark cage at the bottom of the ocean during a beach vacation in Mexico.
The film opens on June 16. |
REFILE-European shares fall in broad sell-off after Fed minutes | (Refiles to add information on reasons for Tullow's decline.)
MILAN, April 6 European shares fell in early trade on Thursday after minutes of the Federal Reserve's last meeting raised worries over high stock market valuations, with banks, autos and commodity stocks leading a broad sell-off.
The pan-European STOXX 600 index fell 0.6 percent while UK's FTSE was down 0.7 percent.
The only sector trading in positive territory was real estate, which was up 0.5 percent, with British Land among the top gainers after Exane upgraded the stock to outperform.
British oil company Tullow Oil was the leading loser on the STOXX, down 15 percent, as its shares traded without the rights to subscribe to its 607 million-pound cash call. Energy stocks in general fell after record U.S. crude inventories pushed crude prices lower.
Banks were the biggest loser in Europe, down 1.3 percent. Autos fell 1.1 percent to an eight-week low. (Reporting by Danilo Masoni, editing by Larry King) |
BRIEF-DexTech: Promising Results From Phase IIb Study For OsteoDex | Dec 11 (Reuters) - DEXTECH MEDICAL AB:
* PROMISING RESULTS FROM DEXTECH‘S PHASE IIB STUDY FOR OSTEODEX Source text for Eikon: Further company coverage: (Gdynia Newsroom) |
PRECIOUS-Gold near 3-wk low on strong equities, dollar; Fed signal awaited | May 3 Gold held on Wednesday near a three-week low hit in the previous session on rising equities and a firmer dollar as markets waited for cues on an U.S. interest rate hike from the Federal Reserve later in the day. FUNDAMENTALS * Spot gold was down 50 cents at $1,256.29 per ounce, as of 0048 GMT. Bullion on Tuesday hit $1,251.37 per ounce, its lowest since April 10. * U.S. gold futures were little changed at $1,257.20 an ounce. * Stock markets inched higher on Wednesday and investors awaited the outcome of a two-day U.S. Federal Reserve policy meeting to be announced at 2 p.m. EDT (1800 GMT). * The U.S. Federal Reserve is expected to hold interest rates steady at its meeting this week as it pauses to parse more economic data but may hint it is on track for an increase in June. * The market's so-called fear gauge, the VIX volatility index , fell to its lowest since 2007 on Monday. * The U.S. dollar has been and will likely continue to be on a gentle weakening pattern, Jeffrey Gundlach, chief executive at DoubleLine Capital, said on an investor webcast late on Tuesday. * Sales of gold products by Australia's Perth Mint slumped to the lowest monthly figure in five years in April as prices remained steady despite strong fundamentals and simmering geopolitical tensions, the company said on Tuesday. * The European Central Bank bought more French and Italian bonds than its own rules allow last month, which probably helped keep financial markets calm in the tense run-up to the first round of France's presidential vote. * Factories across much of Asia got off to a solid start in the second quarter, buoyed by strong global demand, particularly for hi-tech gadgets which are leading a sizzling rally in electronics. * Promising to cut pensions and give taxpayers fewer breaks, Greece has paved the way for the disbursement of further rescue funds from international lenders and possibly opened the door to reworking its massive debt. * European manufacturers began the second quarter at a brisk pace, with the euro zone's factories increasing activity at the fastest rate in six years and Britain's still benefiting from a weak currency, surveys showed. DATA/EVENT AHEAD (GMT) 0800 Germany Unemployment rate Apr 0900 Euro zone GDP flash Q1 0900 Euro zone Producer prices Mar 1215 U.S. ADP national employment Apr 1400 U.S. ISM non-manufacturing PMI Apr 1800 Federal Reserve statement after two-day policy meeting (Reporting By Nallur Sethuraman in Bengaluru; Editing by Richard Pullin) |
Northfield Care Centre | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
EU lawmaker seeks to soften euro clearing plan as Brexit looms | LONDON (Reuters) - A tougher test is needed when deciding if clearing of euro denominated assets conducted outside the European Union should be relocated to the bloc, a senior EU lawmaker said on Friday.
The draft law is seen by Britain as an attack on the City of London financial district where an arm of the London Stock Exchange (LSE.L) clears the bulk of euro denominated assets.
Britain, which is due to leave the bloc in March next year, is likely to welcome the softer stance in the report after euro clearing became a Brexit battleground with Brussels.
LCH and its regulator, the Bank of England, have warned that forced relocation would mean fragmenting markets in Europe, bumping up costs and potentially seeing the activity shift to New York.
The draft law proposes that the bloc could bar a significantly “systemic” foreign clearing house from serving banks and asset managers in the EU unless European regulators had full access to its operations to check on safety.
Such a bar would force the clearer to move operations to the bloc or lose the business.
The draft is being scrutinised by EU states and the European Parliament. Danuta Hubner, who is steering it through parliament, said in a report on Friday that it needed amending, but she stopped short of ditching outright the controversial forced relocation element.
The ability to deny recognition to a foreign clearing house is a last resort tool that should remain in place as an insurance mechanism to protect the financial stability of the EU, the report said.
Euro and Pound banknotes are seen in front of BREXIT letters in this picture illustration taken April 28, 2017. REUTERS/Dado Ruvic/Illustration
“However, the process of denying recognition should be made more fact-based and evidence-based and offer more certainty to market actors,” the report said.
A decision to deny recognition should be based on “a prior impact analysis and consider clear criteria”.
Such reports help lawmakers reach an agreed position before thrashing out a final version with EU states, with many changes likely along the way.
The report said the definition of what would constitute a “systemic” foreign clearing house should be made far more granular by including its network of direct and indirect clients.
How easy or difficult it would be for a customer to find an alternative clearing house should also be taken into account, the report said.
EU regulators would have to study the “potential consequences, in terms of costs and benefits” of forcing a foreign clearing house to seek authorisation to operate in the bloc, it added.
Where a decision is taken to require relocation of clearing, there should be an “appropriate adaptation period” during which temporary recognition could continue, the report said.
Foreign clearing houses should also get 10 working days to respond to a request from EU regulators for information rather than the 72 hours proposed in the European Commission’s draft law. |
Democratic U.S. lawmakers sue Trump over foreign state payments to businesses | By Julia Harte
WASHINGTON, June 14 (Reuters) - More than 190 Democratic lawmakers sued President Donald Trump in federal court on Wednesday, saying he had accepted funds from foreign governments through his businesses without congressional consent in violation of the U.S. Constitution.
The complaint said Trump had not sought congressional approval for any of the payments his hundreds of businesses had received from foreign governments since he took office in January, even though the Constitution requires him to do so.
The White House did not respond to requests for comment but has said Trump's business interests do not violate the Constitution. The Trump Organization has said it will donate profits from customers representing foreign governments to the U.S. Treasury but will not require such customers to identify themselves.
At least 30 U.S. senators and 166 representatives are plaintiffs in Wednesday's lawsuit, representing the largest number of legislators ever to sue a U.S. president, according to two lawmakers who are among the plaintiffs.
It was the latest in a series of such lawsuits against the Republican president.
The Constitution's "foreign emoluments" clause bars U.S. officeholders from accepting payments and various other gifts from foreign governments without congressional approval.
The lawmakers are seeking a judicial order to require Trump to seek Congress' assent before he accepts such payments.
"The president´s failure to tell us about these emoluments, to disclose the payments and benefits that he is receiving, mean that we cannot do our job. We cannot consent to what we don´t know," said Richard Blumenthal, the lead senator on the lawsuit, in a conference call on Tuesday.
John Conyers, the lead plaintiff from the House of Representatives, added: "President Trump has conflicts of interest in at least 25 countries, and it appears he´s using his presidency to maximize his profits."
The Justice Department declined to comment.
Similar lawsuits have been filed in recent months by parties including a nonprofit ethics group, a restaurant trade group, and the attorneys general of Maryland and the District of Columbia.
They allege that Trump's acceptance of payments from foreign and U.S. governments through his hospitality empire puts other hotel and restaurant owners at an unfair disadvantage and provides governments an incentive to give Trump-owned businesses special treatment.
RARE TO SUE PRESIDENT
In a motion to dismiss one such lawsuit on Friday, the Justice Department argued that the plaintiffs had not shown any specific harm to their businesses, and that Trump was only banned from receiving foreign government gifts if they arose from his service as president.
On Monday, White House press secretary Sean Spicer said "partisan politics" was behind the lawsuit by the Maryland and District of Columbia officials.
Lawmakers rarely sue the president, so there are few federal court decisions the legislators can cite to prove their legal standing to bring Wednesday's case, said Leah Litman, an assistant professor specializing in constitutional law at the University of California, Irvine.
A 1997 Supreme Court decision by then-Chief Justice William Rehnquist indicates such cases have standing if the plaintiffs are numerous enough that they could have had a decisive impact on the vote from which they were excluded, said Tara Grove, a professor specializing in federal courts and constitutional law at William & Mary Law School.
"Courts are more and more receptive to the idea that a large group of federal lawmakers can sue over being deprived of their constitutionally conferred powers," Grove said.
Conyers and Blumenthal said they planned to reach out to their Republican colleagues in Congress to invite them to join the lawsuit. "I won't be surprised if a few do," Conyers added.
(Reporting by Julia Harte; Editing by Jason Szep and Peter Cooney) |
BRIEF-Zhejiang Longsheng Auto Parts to change name to Kuang-Chi Technologies | UPDATE 3-Nestle takes food price rises in its stride
ZURICH, Aug 9 Nestle expects pressure from the rising price of ingredients for its products such as chocolate bars, coffee and soup to ease, helping it meet its target for increasing sales despite tough markets. |
BRIEF-CBIZ has authorized purchase of up to 5 mln additional shares of its outstanding common stock | Feb 13 CBIZ Inc
* CBIZ -On February 9, 2017, board authorized continuation of company's share repurchase program
* Continuation authorization renews 5 million share authorization currently in place which expires on March 31, 2017
* CBIZ Inc - Has authorized purchase of up to 5 million additional shares of its outstanding common stock
* CBIZ - Anticipates obtaining all funds to purchase shares under repurchase program from operating cash flow and by borrowing under its credit facility Source text: [bit.ly/2lJjPM1] Further company coverage: |
Which? Elderly Care | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
Dutch utility Eneco to buy Eni's Belgian operations | AMSTERDAM, March 31 Dutch publicly owned utility Eneco said on Friday it had agreed to buy the Belgian subsidiary of Italian power company Eni, adding that the deal would allow it to invest more in local wind power and solar energy.
Eneco disclosed no financial details of the transaction, which will see it become the owner of Eni Gas & Power NV and Eni Wind Belgium NV. (Reporting by Thomas Escritt; editing by Alexander Smith) |
BRIEF-Ezra to convene noteholders meeting on April 17 to update on Chapter 11 filing | French oil services firm CGG files for bankruptcy
PARIS, June 14 French oil services firm CGG said on Wednesday it had filed for bankruptcy in France and the United States as part of financial restructuring to reduce its debt burden. |
BMO Capital Markets Trims Norfolk Souther Corporation (NSC) Target Price to $... | The brokerage presently has an "outperform" rating on the railroad operator's stock. BMO Capital Markets' target price indicates a potential upside of 15.67% from the stock's previous close.
Start the conversation, or Read more at AmericanBankingNews.com. |
BRIEF-Ningbo Zhongbai to pay annual cash div as 0.60 yuan per 10 shares for FY 2016 | UPDATE 3-Nestle takes food price rises in its stride
ZURICH, Aug 9 Nestle expects pressure from the rising price of ingredients for its products such as chocolate bars, coffee and soup to ease, helping it meet its target for increasing sales despite tough markets. |
LIVE MARKETS-European telecoms tick higher on FT's Vodafone/Liberty report | * European stocks set for biggest weekly loss in 6 months * Deutsche Bank, Caixabank, Sabadell down after results Feb 2 (Reuters) - Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net EUROPEAN TELECOMS TICK HIGHER ON FT'S VODAFONE/LIBERTY REPORT (1612 GMT) European telecom stocks were the worst performing sector for much of Friday but just got a last-minute boost after the Financial Times reported that talks between Vodafone and Liberty Global over a swap of European assets are back on. The FT said the talks are likely to involve the two companies' holdings in the UK, Germany and other parts of Europe. Vodafone CEO Vittorio Calao said last year that his company and John Malone's Liberty Global were the only "serious" challengers to incumbent telecom operators like Deutsche Telekom and BT. Europe's telecom sector is highly fragmented compared with the U.S. market, hampering the efforts of companies to increase investment and fend off a competitive challenge from the likes of Amazon and Netflix. If the Vodafone/Liberty talks are confirmed, could they be the catalyst for a long-awaited European telecom industry consolidation? It won't be easy. Deutsche Telekom and France's Orange held merger talks last year but they fizzled out because it was not feasible to put the companies on an equal footing, a source close to the situation said last week. (Tom Pfeiffer) ***** AN "EARLY-YEAR WOBBLE" FOR EUROPEAN EQUITIES (1510 GMT) The STOXX 600 is set for its biggest one-day loss since the end of last June, so we asked Gavin Launder, senior portfolio manager in the active equities team at Legal & General Investment Management, what he made of the recent weakness in equity markets. "The markets have had a number of very strong years. I think we're getting a bit of an early-year wobble," Launder said, adding that he was waiting to add to the portfolio soon. "(Bond yields) are rising from extremely low levels. There ought not to be a great read-across to equities until they at least normalise." (Kit Rees) ***** EUROPEAN STOCKS STILL A BARGAIN RELATIVE TO U.S. (1459 GMT) While the STOXX 600 is heading towards its worst week in six months, Morgan Stanley says there are still reasons to prefer European stocks. "We think the relative investment case for European equities looks increasingly compelling as it is relatively oversold, sentiment is more downbeat than elsewhere and relative valuations are close to 10-year lows," MS strategists argue. Clients have challenged their view, saying the apparently lower valuations in Europe are mostly down to sector composition. But the bank's crunched the numbers and says even after controlling for the different sector weights, the region is 9 percent cheaper than the historical average versus the U.S. Among sectors only chemicals, semiconductors, telecoms, autos and luxury goods are relatively expensive to U.S. peers versus history, MS finds. (Helen Reid) ***** IS THIS JUST A TASTER? (1438 GMT) Things are getting increasingly ugly out there and our screens are flashing in a most non-ambiguous red that the New Year rally is no more. So, is this a healthy pullback, a minor correction, a technical sell-off, or the beginning of the end? According to Unicredit analysts, this could just be a taster of what's to come later. "This period has been a taster of what might occur when investors anticipate a substantial normalization rather than a minor sell-off," they say in a note, where they "recognize that the vulnerability of equity markets has increased, with interest rates trending higher and the USD remaining weak." They take the view however that "global synchronised growth" and corporate earnings should keep the engine going. "Nevertheless, it should be clear that the period of historically low volatility is drawing to a close and that equity investors will have to deal with more-volatile trends in the coming months," they warn. (Julien Ponthus) ***** U.S. PAYROLLS: BIG NUMBER, AND EUROPEAN STOCKS COME OFF LOWS (1350 GMT) U.S. annual wage growth saw its biggest annual gain since 2009, a strong number which boosted expectations of higher inflation. Non-farm payrolls rose by 200,000 last month. U.S. futures extended losses and the dollar jumped on heightened expectations of three Fed rate hikes this year. The weaker euro helped ease some pressure on European equities. Look at the export-oriented German index DAX: it was down 1.1 percent, having earlier fallen as much as 1.65 percent. (Kit Rees) ***** CALLING THE BITCOIN BUBBLE BURST (1233 GMT) With Bitcoin just crashing below 8,000 dollars, it's probably not a surprise that a number of analysts feel it's now safe to make a call. "The continuing drop in cryptocurrency prices can probably now be classified as a bursting of that particular bubble," said Paul Donovan, chief economist at UBS Wealth Management about five hours ago. Consensus goes that the crash won't have any macro or systemic impact but then again it could very well add to the gloominess building up on equity markets. As Donovan noted, an otherwise confident American consumer could feel somewhat less upbeat this morning ahead of the U.S. payroll data. "There is no reason for the U.S. consumer to be concerned at the moment about the state of things, unless of course that consumer has been so foolish as to gamble on Bitcoin," Donovan said. (Julien Ponthus) ***** "NO-ONE WANTS TO PUT THEIR NECK OUT THERE ON A SELL SIGNAL" (1219 GMT) It was a shy kind of a sell signal: BAML's note stopped short of being outright bearish, examining several potential scenarios including the S&P 500 rising above 3,000, and even suggesting extraordinary market circumstances may make sentiment signals irrelevant. As a trader puts it: "I don't see how they can say 'sell signal' when they've been banging on about it not hitting 8 for months, and then not go through with it... Sums up how NO ONE wants to put their neck out there on a sell signal." BAML cross-asset strategists have taken some extra precautions in reaction to the signal. "Cautious" on the near term, they've rolled over their S&P 500 "fragility hedge". "We felt that risk reward had deteriorated and that the market could not sustain the pace of gains. While the modest falls of the last week have started to see some of those overbought indicators diminish, equity markets remain stretched on most measures we look at," they note. Yet they're still "constructive" on the longer-term outlook for stocks. Global growth likely to come in at 4 percent or more should drive earnings to grow by double digits for the year (see chart). Responding to clients' pushback to their more cautious stance, they say: "We do not disagree with the solid fundamentals... It is just when many seem to agree and are quoting our own arguments back at us, we get a bit nervous." The BAML cross-asset team's favourite trades in European equities: - Long European dividend yield stocks - Long European pharma (valuations at lowest since 2011) They're also long U.S. banks against the S&P 500, betting on deregulation boosting returns. (Helen Reid) ***** EYES ON LEVERAGE AS BOND YIELDS RISE (1059 GMT) Even if rising yields do suggest that growth expectations are increasing, and therefore could lift equities, there are also implications for investors using leverage, says David Jane, manager of Miton's multi-asset fund range. "Higher yields also means higher funding costs for leveraged investors and a higher opportunity cost for investors in risk assets versus the risk-free return," says Miton's Jane. "While the economic outlook is highly positive and equity valuations remain reasonable against a strong period for profit growth, the risk remains that the overblown leveraged trades need to be unwound as interest rates rise worldwide," Jane adds. (Kit Rees) ***** A TIMELY "SELL" SIGNAL (1045 GMT) In terms of timing, Bank of America Merrill-Lynch's "Bull & Bear" indicator comes at a time where it definitely won't be overlooked. The fact that it hit a "Sell" signal while European markets are deep into a fifth consecutive day in the red is food for thought. "What is for sure is that this indicator comes at a moment where investors are asking themselves where the market is heading," said Pierre Martin, a senior sales trader at Saxo Bank. Martin argues that the fast-rising upward trend since the beginning of the year leaves some space for some technical correction but that at the same time, there is no reason to give up on the "global synchronised growth" investment case. (Julien Ponthus) ***** DECLINE OF THE DAX (0939 GMT) One of the most impressive reversals in 2018 so far has been Germany's DAX, which started out the year as a leader among European stock markets, fuelled to a fresh record high by the cyclicals-led rally, only to reverse violently, dropping more than 5 percent in just eight sessions. It's now in the red year-to-date. The euro's relentless rise must be partly to blame for the outsize decline in the exporter-heavy index, but rising bond yields are also a pressure for the DAX's big defensive stocks in healthcare and utilities. (Helen Reid) ***** SPANISH BANKS' RESULTS "A LITTLE DISAPPOINTING" (0847 GMT) It's a hefty day for European banking results, and the falls in the share prices confirm the view from Jefferies analysts that earnings from Spanish lenders Sabadell and Caixabank are somewhat underwhelming. "4Q numbers decidedly mixed for both (-ve one-offs at CABK, weaker core trends at SAB), but the guidance towards a brighter outlook may offer partial support," Jefferies analysts say. Spanish banks did have a strong year in 2017 so some share price weakness was perhaps to be expected. (Kit Rees) ***** OPENING SNAPSHOT: EUROPEAN SHARES DIP AS BANKING RESULTS WEIGH (0811 GMT) It looks like day five of straight losses for European shares, with the STOXX 600 index sliding further in early dealing. Aside from oil & gas, all other sectors are in negative territory, with the disappointing results from Deutsche Bank sending its shares 5 percent lower, while Spain's Caixabank and Sabadell are also among the biggest fallers among banks following earnings. We could see some volatility ahead of U.S. payroll data. Here's your opening snapshot: (Kit Rees) ***** WHAT YOU NEED TO KNOW BEFORE EUROPE OPENS (0745 GMT) European shares are set to open flat to slightly lower at the end of a week where rising bond yields and strength in the euro have pushed the STOXX 600 benchmark down around 1.7 percent. That is already the biggest one-week loss since early November when a slowdown in earnings growth and similar bond market jitters weighed. Futures were trading between flat and a fall of 0.2 percent. Tech stocks will be in focus after U.S. internet giants released their earning updates yesterday with a record profit at Amazon possibly boosting shares in companies like Zalando, while shares in semiconductor companies like AMS, Dialog Semi, and IQE are expected to open lower after Apple issued a light guidance and reported it sold fewer iPhones over the holiday quarter than Wall Street had expected. There is a raft of results in Europe too that will keep investors busy. Overall, fourth-quarter earnings for the STOXX 600 are expected to increase by 11.9 percent year on year, the latest Thomson Reuters data showed. Deutsche Bank shares are indicated down 4 percent after the German lender reported a bigger than expected net loss for 2017, which could test a strong rally in banking stocks seen so far this year which was fuelled by expectations over tighter monetary policy and strong economic growth. (Danilo Masoni) **** EARLY MORNING EUROPEAN HEADLINE ROUND-UP (0738 GMT) Lots of earnings today, here's what's jumped out so far: Deutsche Bank posts third consecutive annual loss in 2017 Spain's Caixabank Q4 profit falls 70 pct from Q3 Spain's Sabadell Q4 net profit more than doubles on one-off sales Danske Bank beats Q4 pretax expectations, expects lower 2018 net result Nordea banking group to list Finnish unit on Scandinavian exchanges Philips Lighting Q4 earnings beat estimates on cost cutting Tyre maker Nokian Q4 profit up 13 pct yr/yr Tools maker Husqvarna Q4 result, dividend better than expected Aker BP Q4 core profit lags market expectations Fortum Q4 profit jumps 57 pct yr/yr Tele2 says will aim to grow dividends, Q4 core profit matches forecasts Hexpol Q4 operating profit matches forecast Cevian Capital raises Ericsson stake to 5 pct of votes Spanish property developer Metrovacesa cuts listing price AirAsia CEO says looking at Boeing 787 for AirAsia X fleet growth AstraZeneca flags return to drug sales growth in 2018 Britain's BT says on track for year after Q3 meets its expectations Cobham sells communications units to Viavi for $455 million Doorstep lender Provident Financial names new CEO Satellite company Avanti appoints new CEO EU clearing house system passes stress test (Kit Rees) ***** BUT FUTURES POINT TO STEADY OPEN FOR EUROPEAN SHARES (0702 GMT) Contrary to earlier calls from financial spread-betters, European stock index futures have opened with slight gains, indicating this week's sell-off could ease somewhat. The STOXX 600 is down around 1.8 percent so far this week, set for its biggest weekly loss since November Here's your snapshot: (Danilo Masoni) ***** DEUTSCHE BANK POSTS BIGGER THAN EXPECTED LOSS (0643 GMT) Banks, recently buoyed by rising bond yields and optimism about economic growth, could be in focus today after the DAX-listed heavyweight lender disappointed analyst expectations with a 2017 loss of 497 million euros in 2017. (Danilo Masoni) ***** MORNING CALL: EUROPE SET TO EXTEND LOSING STREAK (0630 GMT) Good morning and welcome to Live Markets. Rising bond yields and a stronger euro are likely to put European shares under pressure for a fifth day in a row, one day after the export oriented German DAX index fell 1.4 percent - its biggest one-day loss since early November. Over in Asia, the euro neared multi-year peaks as talk of policy tightening in Europe and expectations that inflation is set to gear higher drove up borrowing costs globally, a move that sparked a sell-off in Asian equities. Later in the day the focus will be the U.S. payrolls report. "Anticipation is elevated after a hawkish FOMC meeting... A strong number may increase the probability of four rate hikes this year," says Credit Suisse in its investment daily note. We'll also be keeping an eye on tech stocks here in Europe after results from big internet companies in the US. "Some anxiety is fuelled by a trend for companies that miss estimates to be penalized... Facebook bucked the trend, forecasting rising ad sales despite a dip in usage. Apple reported record quarterly revenue and profits after the bell, Amazon’s results easily beat expectations, but Alphabet disappointed," adds Credit Suisse. Back to Europe, here are your opening calls, courtesy of CMC Markets. FTSE100 is expected to open 5 points lower at 7,485 DAX is expected to open 63 points lower at 12,940 CAC40 is expected to open 9 points lower at 5,445 (Danilo Masoni) ***** (Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus) |
Big-name U.S. hedge funds shed healthcare stocks during the rally in Q2 | By David Randall and Trevor Hunnicutt
NEW YORK, Aug 14 (Reuters) - Several big-name hedge fund investors trimmed their stakes in healthcare companies in the second quarter as the sector led the broad U.S. stock market higher, rallying amid a Republican effort to repeal and replace President Obama's signature healthcare law.
Jana Partners sold all of its shares in nine healthcare companies, ranging from small-cap biotech company Acadia Pharmaceuticals Inc to health information company WebMD Health Corp to insurer Aetna Inc, according to quarterly filings released Monday.
Billionaire Daniel Loeb's Third Point sold 175,000 shares, or about 18 percent of its stake, in health insurance company Humana Inc and 5 million shares of hospital products maker Baxter International Inc, or approximately 10 percent of its prior position. Shares of both companies are up more than 20 percent year to date.
Farallon Capital Management LLC, founded by Tom Steyer, dissolved its stakes in pharmaceuticals companies Eli Lilly and Co and Bristol-Myers Squibb Co, according to filings. The hedge fund also trimmed stakes in AstraZeneca Plc and Allergan Plc.
Healthcare stocks in the S&P 500 rose 6.7 percent in the second quarter, more than double the 2.6 percent gain in the broad S&P 500 index, after trailing the broad market following Donald Trump's surprise victory in the Nov. 8 presidential election.
Senate Republicans delayed a vote on a healthcare overhaul bill on June 27 after it became clear that they did not have enough votes for it to pass. One month later, a scaled-down plan to replace Obama's Affordable Care Act failed in the Senate.
Healthcare stocks have underperformed since the current quarter began on July 1, dipping 0.5 percent compared with a 1.9 percent gain by the broad S&P 500, suggesting that the move by hedge fund managers could signal the end of the rally.
"If sentiment from certain institutional investors weakens for healthcare it could negatively impact stocks" despite the sector's strong fundamentals, said Todd Rosenbluth, director of mutual fund research at CFRA Research.
Quarterly disclosures of hedge fund managers' stock holdings, in what are known as 13F filings with the U.S. Securities and Exchange Commission, are one of the few public ways of tracking what the managers are selling and buying. But relying on the filings to develop an investment strategy comes with some risk because the disclosures come 45 days after the end of each quarter and may not reflect current positions.
Overall, hedge funds gained 1 percent in the second quarter, according to Chicago-based fund tracker Hedge Fund Research, less than half of the 2.5 percent gain in the first quarter.
There were few signs that hedge fund managers were attempting to call a bottom in energy stocks as the falling price of oil helped send the sector down 7 percent in the quarter. Third Point sold all of its stake in Rice Energy Inc , Halcon Resources Corp, Enerplus Corp, and Pioneer Natural Resources Co.
Jana Partners sold all of its stake in Resolute Energy Corp , while Omega Advisors sold its entire stake in seven energy companies, including Cheniere Energy Inc, Eclipse Resources Corp, and Williams Partners LP. (Reporting by David Randall; Editing by Jennifer Ablan, Phil Berlowitz and Steve Orlofsky) |
Pitlair House Nursing Home | We always recommend that before selecting or making any important decisions about a care home you take the time to check that it is right for your or your relative's particular circumstances. Any description and indication of services and facilities on this page have been provided to us by the relevant care home and we cannot take any responsibility for any errors or other inaccuracies. However, please email us on the address you will find on our About us page if you think any of the information on this page is missing and / or incorrect. |
European shares near 2-month low as resource stocks, retailers slip | By Helen Reid
LONDON, June 15 (Reuters) - European shares fell for the second straight day on Thursday as sagging oil prices hit basic resources stocks, while retailers slipped after British sales data showed consumers are feeling the impact of rising inflation.
Crude prices wallowed near a six-week low as doubts grew over OPEC's ability to cut oil supplies, weighing on stocks worldwide and adding to worries over the resilience of sectors most geared to economic growth.
The pan-European STOXX 600 benchmark fell 0.7 percent to its lowest since April 24, while Euro zone stocks and blue-chips fell 0.8 percent.
Basic resource stocks were the worst performing, down 1.7 percent while energy stocks fell 1 percent.
"Numbers showing the supply-demand imbalance are pushing commodities to the downside," said David Stubbs, global market strategist at JP Morgan Asset Management.
"OPEC has been unable to control global production, and the situation in Qatar is showing it is not very united," he added.
Large brokers have been turning away from cyclicals and into defensives lately as they see strong momentum in European data fading, removing a catalyst for the sectors most sensitive to growth.
Energy stocks are the worst-performing in Europe this year, and the only sector to have fallen year-to-date.
Retailers were also under significant pressure.
Europe's retail index was set for its worst day in eight months and Britain's mid-caps were poised for their sharpest fall this year, as investors grew more skittish about the resilience of consumer spending in Britain, where is inflation is climbing due largely to a weak pound.
Retail sales fell more sharply than expected in May, adding to multiplying signs of inflation depressing consumer spending, the engine of the UK economy.
"I don't think this is a surprise to anyone in terms of the narrative about how weak and stretched the consumer is and will be for the next quarters," said Stubbs.
"If retail sales are weak then the pie is contracting and someone is going to get hammered. Those that are unable to deal with that are going to see a much weaker bottom line," he added.
DFS Furniture plummeted 21 percent on Britain's small-cap index after a profit warning which it blamed on a dip in demand, with significant declines in store footfall.
In Europe, H&M shares fell 2.7 percent after May sales missed forecasts, adding to a string of softer figures from the Swedish fashion retailer, which blamed tough trading conditions.
The retail data added to investor focus on the Bank of England which was expected to keep rates on hold later, after the Swiss National Bank kept ultra-loose monetary policy in place.
Petrofac shares were a rare bright spot on falling markets, rising to the top of the European index after a Jefferies upgrade to buy.
Telecoms firm Proximus fell 3.3 percent after suffering a cut to 'sell' from Citi.
Meanwhile stocks in Athens were down 0.6 percent ahead of a Eurogroup meeting which could yield a short-term debt agreement. (Reporting by Helen Reid; Editing by Hugh Lawson) |