William Hill eyes Tote sale and dismisses competition rules

first_imgSunday 19 September 2010 10:24 pm More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Tags: NULL Show Comments ▼ William Hill eyes Tote sale and dismisses competition rules whatsappcenter_img BRITAIN’S biggest bookmaker William Hill yesterday said it would consider buying state-owned betting firm the Tote, dismissing current UK competition rules which could rule it out as a buyer as “archaic”.“We would be very interested in looking at any opportunity to expand our UK retail footprint through acquisition, including the sale of the Tote,” the company said in a statement emailed yesterday.William Hill added that current competition rules governing bookmakers in Britain did not take account of the global nature of the betting market and called on the UK’s regulator to rethink its approach.“We believe that the Office of Fair Trading needs to revisit the archaic competition tests which have looked at the market in terms of betting shops – the true market is a global one that includes online and betting exchanges.”The government said on Wednesday that the sale of the Tote would be launched in late autumn, as part of a wider sale of government assets, and that the sale would be “an open market process” inviting proposals from “all interested parties”.Paddy Power and Ladbrokes, both rivals of William Hill, have previously said they could be interested in buying the Tote. Share whatsapp KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comlast_img read more

Read More →

House prices drop in December

first_imgMonday 10 January 2011 4:15 am House prices drop in December Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndo More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.com whatsapp Show Comments ▼ UK house prices fell by 1.3 per cent in December from the previous month, according to figures from the Halifax.The lender said the average property ended the year 1.6 per cent lower than at the beginning of 2010.But it said the decline was less than falls seen in the second half of 2008.Halifax said it expected “limited movement in house prices during 2011” as interest rates were “likely to remain very low for some time”.The average UK house price now stands at £162,435, Halifax said.The three-month on three-month comparison in prices, showed that prices were down 0.9 per cent in the three months to December compared with the previous quarter.Halifax housing economist Martin Ellis said: “Current signs that homeowners are becoming more reluctant to sell would, if continued, help reverse the imbalance between buyers and sellers.“Nonetheless, uncertainty about the economy, weak earnings growth and higher taxes could put some downward pressure on demand.” center_img Tags: NULL Share whatsapp John Dunne last_img read more

Read More →

MUD vs BAR ECS T10 Bulgaria 2020 LIVE: Dream 11 Medical…

first_img By Kunal Dhyani – September 7, 2020 MUD vs BAR ECS T10 Bulgaria 2020 LIVE: Dream 11 Medical University Sofia vs Barbarian CC Dream11 Team Prediction, Team Squads, Match Prediction Euro 2020, Switzerland vs Turkey LIVE: Seferovic puts Switzerland 1-0 up against hapless Turks; Follow Live Updates Click here for MUD vs BAR LIVE Score – https://www.insidesport.co/sport-matches/?field=entity_cricket&id=45566&widget=match_centerECS T10 Bulgaria 2020 LIVE: MUD vs BAR Dream11 Team PredictionECS T10 Bulgaria 2020 LIVE Match DetailsMatch: MU Dons vs Barbarian CC (MUD vs BAR)Date: 7 Sep 2020Time: 3:30 PM IST, Live on FancodeECS T10 Bulgaria 2020 LIVE Streaming detailsECS T10 Bulgaria 2020 will be streamed on the Fancode App in india and worldwide on the European Cricket Network’s YouTube channel.ECS T10 Bulgaria 2020 League 2020 MUD vs BAR full squadsMU Dons Squad: Zain Abidi, Kiran Dasan, Umar Naveed, Zain Asif, Saim Hussain, Karthik Sreekumar, Sulaiman Ali, Sunny Talpur, Asad Ali Rehemtulla, Rohan Patel, Arif Khan, Thiekshan Suresh, Huzaifah Babur and Borislav Metodi.Barbarian CC Squad: Jevon Payne, Ivaylo Katzarski, Dimo Krasimirov, Andrei Lilov, Deyan Georgiev, Nick Robinson, Hristo Boykov, Nikolay Nankov, Ivan Kamburov, Krasmir Kamenov, Boyko Heralanov, Alexandar Stoyche, Stuart Clarkson, Andy Robinson and Tom Omolo. Latest Sports News YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatter|SponsoredSponsoredMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsored Queens Club Final: Matteo Berrettini beats Cameron Norrie in final to win title Football Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Football Football Euro 2020, Italy vs Wales LIVE: Italy starting to find their rhythm as Wales absorb pressure; Follow Live Updates Previous articleEsports: Can Akshay Kumar’s FAU-G be the alternative to PUB-G ?Next articleIPL 2020 : Rajasthan Royals ‘clueless’ as suspense on Ben Stokes participation in IPL 2020 continues Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Euro 2020, Switzerland vs Turkey: Top 5 players to watch out for in SUI vs TUR Bett1Open 2021 Final: Liudmila Samsonova beat Belinda Bencic to clinch title Share on Facebook Tweet on Twitter Football Sport News Sport News Facebook Twitter RELATED ARTICLESMORE FROM AUTHOR ECS T10 Bulgaria 2020 LIVE between MU Dons vs Barbarian CC MUD vs BAR Dream11 Team Prediction).Here some cricket fantasy tips to make your own team for Dream11 ECS T10 Bulgaria 2020 LIVE (MUD vs BAR Dream11 Team Prediction) Esports Tokyo Olympics: Dutee Chand, Hima Das among top athletes seeking direct Olympic qualification during IGP 4 SportSport News PUBG Mobile – Krafton IPO: PUBG Mobile promoters Krafton ready to break all records, aims 5 billion IPO PSL 2021 Playoffs Live: How to watch PSL 2021 Playoffs LIVE streaming in your country, India ATP Tour Football TAGSDream 11ECS T10 Bulgaria 2020 LIVEMatch PredictionMU Dons vs Barbarian CC Dream11MUD vs BARTeam PredictionTeam Squads SHARE Euro 2020, Italy vs Wales: 3 key battles to watch out for in ITA vs WALlast_img read more

Read More →

4 things you should look out for on the income statement

first_img “This Stock Could Be Like Buying Amazon in 1997” 4 things you should look out for on the income statement Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. The income statement is one of the most valuable sources of information an investor can have. Yet it is also one of the most ignored. This is because many investors prefer to choose their shares based on the story (and not the financials). But while the story is indeed helpful to get a sense of the company, that story needs backing up with cold hard facts. Cold hard facts that come from the income statement. Revenue When investing in a company, we want to be sure that the company that we are investing in is growing. To check that, we must look at the top-line growth of a company – its revenue. This will tell us if the company is selling more of what it sells or not.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…A company that is quickly growing its top-line growth can be very exciting, but revenue is not the be all and end all. For example, I could sell £10 notes all day long for a fiver. It doesn’t mean I’m actually making any money. I wouldn’t be!Gross profitRevenue is important, but we also want to look just below revenue at gross profit. Without a positive gross profit then the company is not able to sell its products or services competitively. This is a necessity for any business that we are considering investing in.Gross profit can also be used to compare with other companies in the same sector. This tells us about the company’s purchasing power and supplier arrangements.Profit after tax The next important figure to be looked at on the income statement is profit after tax. This is what is left for shareholders after everyone has taken their cut, including the tax collectors.It is possible for a company to generate a profit before tax, but have nothing left for shareholders after tax. That’s not good. Very often a company will report the most positive figure in its headlines, so we need to head straight to the financial statements to see the results without spin. P/EProfit after tax can also be called net income – the income for the company net of all costs and charges. This figure is the one that we use to calculate the price-to-earnings ratio, or the P/E ratio, of a company.What the P/E ratio does is tell us the earnings multiple of a company. If a P/E ratio of a company is 10, then all things being constant, it will take the company 10 years to earn the profits for shareholders to get back what they paid for the shares.This is useful for us to get a view of how expensive or cheap the company may be, compared to other companies we may consider investing in. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this.center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares Views expressed in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Michael Taylor | Thursday, 30th January, 2020 Enter Your Email Address See all posts by Michael Taylorlast_img read more

Read More →

Flint lives matter! Arrest Gov. Snyder!

first_imgOver the past few weeks, Michigan residents have read new, damning evidence exposing Gov. Rick Snyder’s criminal role in the poisoning of Flint. Each day, the media reveal more details of the tens of thousands of emails sent to and from the governor’s office and among various state officials over the water crisis. Many emails became public record through Freedom of Information Act requests. Emails from the governor himself — who enjoys FOIA immunity under Michigan state law — were released after public outcry. But much of their text is redacted.The liberal group Progress Michigan released an email sent Feb. 17, 2015, that blows the lid off Snyder’s claim that he only became aware of the Flint water crisis in October 2015. He emailed his executive director, Allison Scott, to propose a meeting on a list of issues that included “Flint water.” By this time, the credibility of Snyder’s ignorance claim was falling apart as emails revealed a growing list of governor-appointed officials and staff who were sounding the alarm about Flint water.These near-daily leaks show that, at least eight months earlier than he claimed, the state’s top boss knew Flint’s water was contaminated. Yet he and his cronies perpetuated the toxic lie that the water was safe to drink and wash with. This is blatant environmental racism.It is now clear that Snyder, not his numerous accomplices, “pulled the trigger” with the now infamous decision for Flint to disconnect from Detroit Water and Sewerage and draw water from the highly polluted Flint River. The state thwarted numerous attempts to reconnect to Detroit. Flint received a $7 million state loan to its general fund on the condition that the city not unhook from the Flint River.Calls for Snyder’s arrest continue to increase. Outside the March 3 GOP debate, hundreds of demonstrators chanted, “Flint lives matter! Arrest Rick Snyder!” The Detroit Light Brigade projected the message, “Arrest Snyder for Flint water,” right onto the outside wall of the Fox Theater, where inside the debating bigots refused to offer a solution to the pain and suffering of Flint residents.While several state officials have resigned or face discipline, none of the culprits are facing criminal charges. Instead, Attorney General Bill Schuette has gone after former state representatives Cindy Gamrat and Todd Courser. The two embarrassed the Republican Party when, after running as “family values” candidates, they carried on an extramarital affair and used state resources to cover it up. Schuette, a Tea Party Republican, squandered millions out of the state budget defending Michigan’s same-sex marriage ban all the way to the U.S. Supreme Court — funds that could now help Flint. Apparently Schuette’s party’s hypocrisy is a worse crime than poisoning 100,000 people, a majority of them African-American.The Democratic Party has not shown resolve in confronting this tragic injustice. At the March 6 Democratic presidential debate, held in Flint, neither Hillary Clinton nor Bernie Sanders would call for Snyder to be arrested.State, feds sit on funds; GM offers paltry sumThe people of Flint want their aging water infrastructure — damaged by corrosive Flint River water that was never properly treated — to be rebuilt. The coldheartedness of some politicians, who are sitting on enough funds to replace all of Flint’s lead and lead-soldered pipes, knows no bounds. Michigan House Speaker Kevin Cotter has asserted that Flint would get no more state aid until October.This means no new pipes. A freeze on assistance means the funding for filters, lead testing in the homes, testing of children and assistance to families affected by lead will dry up. Will even the distribution of free water by the state come to an end? Right now the suffering is only mitigated by the generous solidarity of people around the country. Flint Mayor Karen Weaver blasted Cotter, stating, “For Speaker Cotter to say we should wait until October to maybe — maybe — have these most dire threats addressed shows callous disregard for the lives of the people of Flint.”At the federal level, Sen. Mike Lee of Utah has put a procedural block on voting on $220 million which could go to Flint — or potentially other cities facing a lead-tainted water crisis. The funds are being generated, not by additional tax revenues, but by redirecting money set aside to assist the auto industry when it was in distress.Sen. Lee’s excuse for blocking the federal package is that, when the state budget surplus and the rainy day funds are combined, Michigan is sitting on more than $1 billion in available funds. Lee is making the people of Flint continue to suffer for a crisis they did nothing to create.The state is not the only source of potential funding. General Motors, whose disastrous environmental and economic practices are factors in the Flint water disaster, made an all-time record profit last year of $9.7 billion. The restructuring in auto, which has cost hundreds of thousands of jobs, including 72,000 in Flint, has been a source of astronomical profits. What GM contributed to Flint for water assistance, part of a $3 million donation made jointly with the United Auto Workers, was a mere .0003 percent of their 2015 profits.The money to fix Flint’s water is there. It’s time to join with Flint in chanting, “No pipes, no peace!”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Read More →

Author Abby Stokes Educates Area Seniors on Technology Nuances During Montecedro® Seminar

first_imgReal Estate Author Abby Stokes Educates Area Seniors on Technology Nuances During Montecedro® Seminar From STAFF REPORTS Published on Monday, February 25, 2013 | 1:29 pm Subscribe Recently, MonteCedro®, a new planned Episcopal Communities & Services (ECS) Continuing Care Retirement Community (CCRC) in Altadena, hosted Abby Stokes, author of “Is This Thing On?”, who encouraged San Gabriel Valley seniors to explore the nuances of today’s technology.During the seminars, approximately 130 area seniors were educated about the ever-changing field of social media and technology gadgets, and learned simple steps on how to virtually stay connected to friends and family..“According to a recent Pew Research study, the top three devices that seniors 65 and older use are cell phones, desktop or laptop computers and an iPod or MP3 player,” states Peggy Buchanan, Director of Sales and Marketing for MonteCedro. “As a community committed to personal growth, we recognized a growing desire to learn these new technologies and hosted Abby Stokes to educate area seniors about this rapidly changing landscape.”Stokes began her presentation by introducing San Gabriel Valley seniors to the differences between computers, laptops, E-readers and tablets, and explained the opportunities that each gadget offers. She also provided attendees with information on the various features of each product and what to consider when purchasing such as cost, feel and look .“Every day technological advances are being made that constantly change how we interact with one another,” states Stokes. “For digital immigrants, those who did not grow up in the digital age, learning the nuances of the various products can be overwhelming. It is an honor to partner with communities like MonteCedro to educate seniors on overcoming this barrier and help them feel more independent.”To conclude the presentation, Stokes provided attendees with a list of age appropriate social networking and educational sites. Attendees were also given the “Grandparents Cheat Sheet for Staying in The Game.” The cheat sheet is filled with interactive tips to connect and stay in touch, which include:• Make a date to connect in real-time online with family or friends• Create a ritual such as Tech Tuesday, to ask technology based questions• Create family history by sharing family photos together online• Send a surprise to a loved one through online shoppingAbby Stokes has assisted over 190,000 people online. She travels across the country to help people through their anxiety of technology. Stokes is a firm believer of, “if my mother can learn the computer anyone can.” In celebration of Heart Health Month, MonteCedro will host Morrison Senior Dining dietician Tracy Blazer and executive chef Brian Johnston who will demonstrate and provide San Gabriel Valley seniors with heart healthy recipes on February 26, 2013. To RSVP or receive additional information about MonteCedro, please visit www.montecedro.com/info or call (877) 282-1584.About MonteCedro®MonteCedro®, a planned Episcopal Communities & Services (ECS) Continuing Care Retirement Community (CCRC), is located in Altadena, Calif. As the first CCRC in the San Gabriel Valley area in more than 25 years, MonteCedro will feature a performing arts auditorium, movie theater, underground parking, heated swimming pool, home health services, formal and informal restaurants, and Masterpiece Living® enrichment program. Groundbreaking is scheduled for Summer 2013. For more information about MonteCedro, please contact Peggy Buchanan, Director of Marketing and Sales for MonteCedro at 877-282-1584 or visit www.montecedro.com/info. For more information about Masterpiece Living®, please visit www.mymasterpieceliving.com. faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News Business News 7 recommended0 commentsShareShareTweetSharePin it Name (required)  Mail (required) (not be published)  Website  Community News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Top of the News center_img Make a comment HerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty10 Special Beauty Tips That Make Indian Women So BeautifulHerbeautyHerbeautyHerbeautyRed Meat Is Dangerous And Here Is The ProofHerbeautyHerbeautyHerbeautyWhat Is It That Actually Makes French Women So Admirable?HerbeautyHerbeautyHerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeauty More Cool Stuff First Heatwave Expected Next Week Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Your email address will not be published. Required fields are marked * EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m.last_img read more

Read More →

What Will Dodd-Frank Modification Bill Mean for Housing?

first_imgHome / Daily Dose / What Will Dodd-Frank Modification Bill Mean for Housing? The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Previous: HUD Addresses Concerns About Reverse Mortgage Foreclosures Next: Delinquencies on the Decline About Author: David Wharton Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Dodd-Frank Act Economic Growth Regulatory Relief and Consumer Protection Act Regulatory Reform Senate Stress Tests Volcker Rule What Will Dodd-Frank Modification Bill Mean for Housing? The United States Senate voted Wednesday afternoon to advance S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, after several weeks of debate, amendments, and negotiation.On Wednesday afternoon, the Senate finally voted 67-31 to end debate on the bill, capping many days’ worth of debate over potential amendments to the bill. The bill must know return and pass the House, which had previously passed a different version of the bill before it went to the Senate.Before the final vote on passage, Banking Committee Chairman Mike Crapo remarked that America was about to witness a “rare, bipartisan moment that had been years in the making,” adding, “this bill is a bipartisan compromise, the changes are common sense, and it will allow financial institutions to better serve their customers and communities, while maintaining safety and soundness and important consumer protections. At a time of intense political polarization, we have proven that we can work together to get things done. This is good for small financial institutions, good for small business, and good for families across America.”The bill enacts numerous reforms and changes regulations pertaining to lenders. One of the primary changes is increasing the threshold for enhanced regulatory standards from $50 billion to $250 billion, a change designed to exempt some smaller and mid-sized banks from regulations that would still apply to the larger banking entities. The affected regulations pertain to capital and liquidity rules, risk management standards, and stress testing requirements, among other things.Former Sen. Barney Frank, one of the authors of the Dodd-Frank Act, told Scotsman Guide this week, “I think [the asset threshold] should be $125 [billion to trigger FSOC oversight]. So, I would vote against it on those grounds. I would hope to try and change it. But, as far as [non-qualified] mortgages are concerned, I think allowing the smaller banks to make those loans as long as they keep them in portfolio is a perfectly good idea.”The bill also exempts banks with less than $10 billion in assets from the Volcker Rule, which limits risky trading by U.S. banks, and dials back restrictions on small and regional banks when it comes to restrictions on mortgage lending.Sen. Elizabeth Warren (D-Massachusetts), who has been a longtime opponent of weakening Dodd-Frank, said, “We’ll be paving the way for the next big crash. It’s time for the rest of us to fight back and demand that Washington work for us, not the big bank lobbyists.”The bill does have plenty of Democratic defenders, however, several of whom argue that the reforms could help community banks flourish and help revitalize rural economies. Sen. Heidi Heitkamp (D-North Dakota), a supporter of the legislation, said, “When you don’t respond to these kinds of legitimate concerns from small lenders, there’s a resentment to the overall policy. We tend to throw the baby out with the bathwater with that kind of frustration.”More than a dozen banks sent a letter to Sen. Mike Crapo (R-Idaho) and Sen. Sherrod Brown (D-Ohio) earlier this month, expressing their support for the proposed legislation. “Our banks do not threaten U.S. financial market stability, and we should not be subjected to the same regulatory regime as larger banks with more complex and interconnected business models,” the letter read in part. “Regional and traditional lenders and our communities have been disadvantaged by a regulatory model that lumps us together with the largest, most complex banks.”The Credit Union National Association also sent a letter of support to Senate leaders. Their letter read, in part, “We applaud the good faith effort to craft common-sense regulatory reform legislation. S.2155 is the result of months of deliberate bipartisan negotiations and contains several provisions supported by America’s credit unions.”Yana Miles, Senior Legislative Counsel for the Center for Responsible Lending, issued a statement reading, “The financial crisis led to a Great Recession that cost millions of Americans their jobs, homes, and savings. This bill would allow for the return of many of the same reckless financial practices that caused the crash. This bill lifts commonsense safeguards, designed to stop banks from again tanking the economy, while also making it easier for financial companies to sell risky mortgages, discriminate against communities of color, and steer manufactured-home owners into more expensive mortgages. The American public does not want this dangerous bank deregulation. Congress is playing with fire.” Dodd-Frank Act Economic Growth Regulatory Relief and Consumer Protection Act Regulatory Reform Senate Stress Tests Volcker Rule 2018-03-14 David Wharton March 14, 2018 3,569 Views The Best Markets For Residential Property Investors 2 days ago  Print This Post in Daily Dose, Featured, Government, News Subscribelast_img read more

Read More →

Services returning to normal at City of Derry Airport

first_img Facebook Dail hears questions over design, funding and operation of Mica redress scheme WhatsApp Man arrested on suspicion of drugs and criminal property offences in Derry Facebook Previous articleFinn Harps asking supporters to turn out on Friday nightNext articleBridge replacement delay due to protection of fresh water mussel admin Dail to vote later on extending emergency Covid powers News By admin – August 27, 2014 Google+ Twitter Man arrested in Derry on suspicion of drugs and criminal property offences released center_img WhatsApp Twitter Services are returning to normal at City of Derry Airport after significant delays this morning because no member of the UK Border Patrol was in place.Dozens of passengers on flights which landed from Alicante and Birmingham were not allowed leave the airport, and were accomodated in the baggage area until a member of staff arrived at the passport control booth.Among the passengers affected was singer Mickey Harte, who was returning with his family from a holiday in Spain.He spoke to Shaun Doherty…………….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/08/mickyjo.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest Google+ Services returning to normal at City of Derry Airport RELATED ARTICLESMORE FROM AUTHOR HSE warns of ‘widespread cancellations’ of appointments next week PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal Pinterestlast_img read more

Read More →

Donegal town bracing itself for more flooding as high tides imminent

first_img Facebook Residents around Donegal town are bracing themselves for more high tides this morning after a number of homes were flooded overnight. A combination of the incoming tide along with already high volumes of water in the River Eske is said to be leaving the town majorly susceptible to more flooding.Currently, the approach toad from Laghey to Donegal Town near the craft village which is impassable while road between the Abbey Vocational school and Abbott’s pharmaceutical is also said to severely impacted.Director of Economic Development and Emergency Services at Donegal County Council Garry Martin says they are doing all they can to mitigate any more damage:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/10/garryfghgfhgfhfgmartin2.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. By News Highland – October 4, 2019 Facebook Nine til Noon Show – Listen back to Monday’s Programme Community Enhancement Programme open for applications AudioHomepage BannerNews Twitter Google+ WhatsApp News, Sport and Obituaries on Monday May 24th Pinterestcenter_img Donegal town bracing itself for more flooding as high tides imminent WhatsApp Previous articleDerry City face Dundalk as Europa League chase continuesNext articleHarps Chairperson Sean Quinn emphasises importance of home crowd News Highland RELATED ARTICLESMORE FROM AUTHOR Loganair’s new Derry – Liverpool air service takes off from CODA Important message for people attending LUH’s INR clinic Google+ Arranmore progress and potential flagged as population grows Twitter Pinterestlast_img read more

Read More →

‘A PIECE OF HISTORY’: Bicentennial mural prints capture moments in time

first_img Just in time for Christmas, prints of Troy’s Alabama Bicentennial mural are available for sale.Stephanie Baker, Reunion Troy committee chair, said the mural print was the result of the great amount of interest expressed by community members in having a print of the city’s Alabama Bicentennial mural.“So many had said they would like to have a print of the mural for their homes, offices and businesses or to send to family members or friends so the committee made the decision to have prints made,” Baker said. “But, the committee also decided to have smaller prints made of the individuals and groups of people featured on the mural.” Remember America’s heroes on Memorial Day ‘A PIECE OF HISTORY’: Bicentennial mural prints capture moments in time Sponsored Content Book Nook to reopen Troy falls to No. 13 Clemson The mural was designed by Alex McLendon, a Troy native and a 2019 Troy University graduate with a major in art. Art students from Charles Henderson and Pike Liberal Art high schools, seniors from the Colley Complex and other volunteers assisted McLendon with the painting of the mural.The Reunion Troy committee realized a published guide was needed to identify the buildings and people of interest included on the mural so the mural project was extended to include the guide.“The committee understood how important the mural and the guide would be for future generations in accessing our city’s history,” Baker said. “Committee member Nicklaus Chrysson had done such a great job of researching information for the mural that the committee asked him to compile the information and photographs he had available and make them available in a softback booklet publication that would be a compilation of his research. Print Article Email the author You Might Like Skip Latest Storiescenter_img Pike County Sheriff’s Office offering community child ID kits By The Penny Hoarder Plans underway for historic Pike County celebration By Jaine Treadwell HUSTLE AND BUSTLE: Steed looks back on thriving grocery store in downtown Brundidge Lamar Steed doesn’t show his age so it might be hard for others to believe that he has stories to… read more Chrysson said, too, the information was worthy of being preserved in print and agreed to undertake the project.He followed suit with the Alabama Historical Commission and chose the title of the bookletabout Troy, “City of Troy: Our People, Our Places, Our Stories.”The Alabama Historical Commission planned a three-year celebration of Alabama’s Bicentennial, and dedicated 2017 to Alabama’s people, 2018 to its places and 2019 to its stories. Published 9:20 pm Friday, December 13, 2019 Penny Hoarder Issues “Urgent” Alert: 6 Companies Are… And, those three areas of interest are the focus of Troy Reunion’s booklet which Chrysson said encapsulates the history of the mural.“In doing the research for the mural, I learned a lot about the City of Troy and the people who helped make it the great city that it is,’ Chrysson said. “Much of the research came from Bill Rice, Sr.’s “Troy 1828-2006” and Margaret Pace Farmer’s “History of Pike County and also personal interviews.”The booklet includes photos of many of the individuals featured and a brief history of each. Also included are photographs of local landmarks.The mural project items are now on sale with all proceeds dedicated to the maintenance of the Troy Bicentennial Mural and other murals around the city and to future mural projects.Prints of the full mural without the individual groups are $30 each.The prints of the individuals and groups are: Dr. Edge, $10; Jean Lake, $10; elected officials, $15; Ann Love, $15; architects, $10; educators, $10; and musicians, $10. The “Our People, Our Places, Our Stories” booklet is $30.The Christmas package deals are $75 for all prints (booklet not included) and four prints for $30. Full mural and one smaller people print are $35.The mural prints and booklets are available at Troy City Hall. Cash and checks are accepted. Checks should be made out to City of Troy-Reunion Troy. Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Patriot Health ZoneHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential Health32-second Stretch Ends Back Pain & Sciatica (Watch)Healthier LivingThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Read More →