September 4

Dow crashes below crucial 10,000 level

first_imgThursday 26 August 2010 8:46 pm whatsapp Share Tags: NULL Dow crashes below crucial 10,000 level whatsapp Show Comments ▼ THE Dow Jones closed below the psychologically-crucial 10,000 level yesterday as investors shrugged off better than expected US jobs figures to focus on an expected downgrade for US GDP today.The US blue chip index fell 0.7 per cent to 9986.81 – its lowest level since 6 July ahead of today’s GDP growth for the second quarter which analysts are predicting could be almost halved from the preliminary forecast of 2.4 per cent to just 1.4 per cent. There are also fears of what Fed chairman Ben Bernanke’s speech on the economy today, will reveal. Investors want to “see if the pulse of the Fed is beating at a fast rate with anxiety over the economy,” said Avalon Partners’ Peter Cardillo. More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at KCS-content last_img read more

August 24

Svenska Spel revenue and profit decline despite digital growth

first_imgExcluding casino operations, however, net gaming revenue was up 3% for the quarter. Net profit for the period came to SEK547m, down 18% from Q4 2019. Tags: Svenska Spel Patrik Hofbauer “We have good profitability for the Group and strengthen the operating margin for both the quarter and the full year 2020, despite the fact that our physical casinos have been closed for three quarters.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 10th February 2021 | By Conor Mulheir Excluding its land-based casino operations, which brought in SEK886m the operator saw a 1% increase in net gaming revenue to SEK6.78bn. In November, Sweden’s government launched a consultation on extending temporary controls for online casino, including the controversial SEK5,000 weekly deposit limit, until June 2021. Net gaming revenue for the 12 months ended 31 December 2020 amounted to SEK7.67bn (£667.1m/€761.6m/$923.8m), down 9% from the previous year (excluding non-recurring revenue of SEK163m, which was all received in Q4) The closure of physical casinos reduced net revenues by SEK250m in Q4, resulting in a decrease of SEK121m in operating profit. Topics: Casino & games Finance Lottery Sports betting Online casino Full year results 2020 Q4 results 2020 Results 2020 State monopoly Online sports betting Sportsbook “As in the previous quarter, revenues for our Sport & Casino and Tur business areas are increasing. This shows strength and stability that two out of three business areas deliver growth despite the fact that they are also affected by covid-19 in the form of temporary gaming responsibility measures and reduced sales in stores,” said Patrik Hofbauer (pictured) president and chief executive of Svenska Spel. Subscribe to the iGaming newsletter Svenska Spel revenue and profit decline despite digital growth Regions: Sweden The government said its aim was to better protect players throughout the Covid-19 pandemic. In August 2020, the operator’s board decided to permanently close its casino operation in Sundsvall due to a decline in profits and footfall at the property. This decision carried a non-recurring cost of SEK81m, it said. Patrik Hofbauer The Tur lottery division made up most of this revenue, up 2.0% at SEK4.84bn, while the Sport and Casino digital brand brought in SEK1.95bn, down 8.0%. Swedish state-owned operator Svenska Spel has released its results for 2020, as growth in digital revenues failed to offset the losses suffered due to the closure of its land-based business. Full year results 2020 The closure of the operator’s Casino Cosmopol chain of land-based casinos as a result of the novel coronavirus (Covid-19) pandemic resulted in a SEK777m reduction in net gaming revenues, it said. Operating profit for the group was down 3% from 2019 at SEK2.40bn. The closure of its land-based operations resulted in a SEK441m reduction in operating profit, the operator said. Net profit for the year came in at SEK1.87bn, down 31% on 2019. The operator said its digital business was growing strongly, accounting for 46% of revenue in 2020, compared to 35% in 2019. This was despite temporary measures on online casino including a SEK5000 deposit cap, which Svenska Spel said “squeeze revenue and reduce revenue growth”. The Tur lottery business also broke online sales records during Q4. Of the full-year net gaming revenue, SEK2.13bn was brought in during Q4, down 14% on the same period last year. Email Addresslast_img read more

July 12

FBN Holdings Plc ( HY2014 Interim Report

first_imgFBN Holdings Plc ( listed on the Nigerian Stock Exchange under the Financial sector has released it’s 2014 interim results for the half year.For more information about FBN Holdings Plc ( reports, abridged reports, interim earnings results and earnings presentations, visit the FBN Holdings Plc ( company page on AfricanFinancials.Document: FBN Holdings Plc (  2014 interim results for the half year.Company ProfileFBN Holdings Plc is a leading financial services institution in Nigeria offering banking products and services for the commercial, corporate, investment and merchant banking sectors. The company also offers insurance products for individual and corporate clients and other financial services for merchant banking, asset management, investment and general trading, private equity, financial intermediation services, trusteeship, portfolio management and discount house services for individual and corporate clients. The Insurance division underwrites life and general insurance products and offers insurance brokerage services. FBN Holdings Limited was founded in 1894 and today operates in 874 business locations in 12 countries. Its company head office is in Lagos, Nigeria. FBN Holdings Plc was founded in 1894 and is based in Lagos, Nigeria. FBN Holdings Plc is listed on the Nigerian Stock Exchanglast_img read more

July 12

Equity Bank Limited ( HY2017 Presentation

first_imgEquity Bank Limited ( listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2017 presentation results for the half year.For more information about Equity Bank Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Equity Bank Limited ( company page on AfricanFinancials.Document: Equity Bank Limited (  2017 presentation results for the half year.Company ProfileEquity Bank Limited is a financial services institution in Kenya providing banking products and services for the personal, commercial and corporate sectors. The company offers a full-service offering ranging from transactional accounts and digital banking to school fees collection, custody investment and group accounts, trade finance, asset finance and microfinance loans. Equity Bank (Kenya) Limited is a subsidiary of Equity Group Holdings Limited and its head office is in Nairobi, Kenya. Equity Bank Limited is listed on the Nairobi Securities Exchangelast_img read more

July 12

Airtel Malawi Plc ( 2019 Abridged Report

first_imgAirtel Malawi Plc ( listed on the Malawi Stock Exchange under the Technology sector has released it’s 2019 abridged results.For more information about Airtel Malawi Plc ( reports, abridged reports, interim earnings results and earnings presentations, visit the Airtel Malawi Plc ( company page on AfricanFinancials.Document: Airtel Malawi Plc (  2019 abridged results.Company ProfileAirtel Malawi Plc was incorporated on 3rd September 1998 under company registration number 5114 as a private limited company and trades under the name Airtel. Airtel became the Malawi’s second mobile service provider with the launch of a GSM network in October 1999. The Company began rolling out a GPRS upgrade across its infrastructure in 2006 and a commercial launch of the service took place in October 2007.last_img read more

July 5

Kainos shares are rising today: would I buy?

first_img Get the full details on this £5 stock now – while your report is free. Enter Your Email Address Shares in IT services firm Kainos Group (LSE: KNOS) are up by 18% as I write on Friday morning. The Kainos share price has now risen by 57% over the last year and by more than 500% over the last five years.Today’s gains come after the firm said that it now expects profits for the current year to be ahead of market forecasts.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…Strong trading since NovemberKainos says that trading has been strong since the company’s last update in November. Both of the company’s divisions are said to be performing well.The group’s Digital Services business is working on a number of “substantial, long-term” UK government projects relating to digital transformation. The firm is also supporting the NHS as it responds to Covid-19.Revenue from digital services rose by 16% to £71m during the six months to 30 September. This business now generates about 65% of the group’s revenue, making it the larger of its two divisions.However, growth appears to be much stronger in the smaller Workday division, which provides consultancy and support for companies using Workday software — a finance, HR, and business planning system.In its half-year accounts, Kainos said that revenue from Workday rose by 41% to £36m. This momentum appears to have continued during the second half of the year. Today Kainos said it is continuing to win new consulting contracts for Workday, especially in North America.Kainos shares: is the price right?Belfast-based IT group Kainos was founded in 1986. The company is now a FTSE 250 member with a market capitalisation of £1.4bn.I’d like to have more technology exposure in my shares portfolio. Kainos is one of the companies I’ve been considering to satisfy this goal. One attraction of this business for me is that it has quite high profit margins and appears to generate plenty of surplus cash.Over the last few years, strong profit growth has supported a rapid increase in the Kainos share price. However, the company warned today that both Covid-19 and Brexit are posing some “ongoing challenges”. The firm’s management still believe that Kainos is “well-positioned for further growth”. But I’m worried that if I buy today, I may end up paying too much for this stock.My personal approach to investing is that I can accept an uncertain outlook if the shares I buy are cheap enough to reflect this uncertainty. Before today’s news, Kainos shares were trading on about 36 times forecast earnings for 2020/21, with a dividend yield of 1.4%.In my view, this valuation only looks sustainable if growth remains strong. Before deciding to buy, I need to ask myself what might happen if profit growth slowed. In this case, I think the shares could fall sharply to trade on a lower multiple of earnings.Although I would like to own Kainos shares some day, my decision after today’s news is that I will continue to watch this business. Hopefully, I’ll be able to add Kainos to my portfolio more cheaply in the future. Roland Head | Friday, 22nd January, 2021 | More on: KNOS FREE REPORT: Why this £5 stock could be set to surge Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. 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. Simply click below to discover how you can take advantage of this.center_img Our 6 ‘Best Buys Now’ Shares Kainos shares are rising today: would I buy? 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. Image source: Getty Images. Roland Head has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Workday. The Motley Fool UK has recommended Kainos. Views expressed on the companies mentioned 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. See all posts by Roland Headlast_img read more

June 16

Free charity auction newsletter launches

Starting this month, the authors of “Going¦Going¦Gone!”, the guidebook on successful auctions for non-profits, will distribute a free e-mail newsletter full of information, news, tips and tools about fundraising charity auctions.Published once a month, each issue will include concise and helpful hints on topics of interest to development directors, special event managers and volunteers engaged in the auction process. These will include:How to obtain and utilize volunteers.Unique acquisitions that create the most interest and sell for thehighest amounts. Advertisement What items consistently sell and what items should be avoided.The role of the computer in the modern auction.How to close an auction efficiently and avoid long lines at checkout.The role of the internet in event fundraising with leads to the best sites.Tax, insurance and legislative updates. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Free charity auction newsletter launches  15 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 18 January 2001 | News read more

June 12

Two journalists among scores killed in insurgent operation in Tikrit

first_img Related documents 110329_sabah_al-bazi.zipZIP – 16.2 KB Receive email alerts Organisation News to go further RSF_en News Iraq : Wave of arrests of journalists covering protests in Iraqi Kurdistan IraqMiddle East – North Africa Follow the news on Iraq December 28, 2020 Find out more News IraqMiddle East – North Africa February 15, 2021 Find out more Three jailed reporters charged with “undermining national security” Reporters Without Borders is dismayed to learn that two Iraqi journalists, Sabah al-Bazi and Muammar Khadir Abdelwahad, were among the fatal victims of yesterday’s devastating insurgent attack on the Salahadin provincial council’s headquarter in the city of Tikrit (160 km north of Baghdad). Agence France-Presse quoted a police spokesman as putting the toll from the attack at least 65 dead and 100 wounded. Saad Khaled, a cameraman working for the satellite TV station Al-Fayhaa, was among the seriously injured.The insurgent operation began in the early afternoon when gunmen wearing explosive vests seized control of the provincial council building in the city centre, taking advantage of the confusion result from a suicide bombing a few minutes earlier outside a nearby public building. A car bomb parked near the entrance of the council building went off 20 minutes later, just as security reinforcements were arriving.Al-Bazi, a freelance journalist who worked for Al-Arabiya, CNN, Reuters and other international media, was fatally injured by shrapnel from this blast. He had gone to cover a meeting taking place there.It is not clear exactly how Abdelwahad, who worked for Ayn (Eye Media Agency), died. The Journalistic Freedoms Observatory quoted Ayn as saying he was in permanent contact with the agency while in the building. “We lost contact at the moment of the assault by the security forces. We later learned that he was dead.”“We firmly condemn this indiscriminate slaughter in an operation deliberately targeting a public building,” Reporters Without Borders said. “We offer our condolences to the families of all the victims of this act of terrorism, including the two journalists. We urge the authorities to investigate this attack and bring those responsible to justice.”The Journalistic Freedoms Observatory paid tribute to Al-Bazi’s professional dedication and personal qualities. Aged 30, he was married and the father of three children. Abdelwahad, 39, had worked for Ayn for two years. March 30, 2011 – Updated on January 20, 2016 Two journalists among scores killed in insurgent operation in Tikrit RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” Help by sharing this information News December 16, 2020 Find out morelast_img read more

June 4

Limerick family in DIY SOS TV show need your help

first_imgRELATED ARTICLESMORE FROM AUTHOR Twitter Limerick’s National Camogie League double header to be streamed live WhatsApp Advertisement DIY SOS is coming to Limerick and they are looking for your help.The show, which was originally on BBC, upgrades and revamps houses for people.Sign up for the weekly Limerick Post newsletter Sign Up Episode two features the Mulcahy family from Annacotty and they need a bedroom and wet room downstairs.Their daughter, Amy, was in a life changing accident last year where she was submerged under water for quite some time following a rowing incident and needs a space that is more suitable to her needs.The premise of the show is that everything is donated – everyone’s time, and skills and building materials and this army of volunteer trades and suppliers make this incredible change to people’s lives.It’s a Community driven show that needs local carpenters, roofers, painter and decorators, hardware stores, plumbing supplies and local homeware.The build is happening from February 11th-20th.The show is presented by Baz Ashymawy and the team of purple shirts and will be airing on RTE 1.To get involved email [email protected] or call 01 – 5313306 or join the Facebook page: DIY SOS The Big Build Limerick  Previous articleLimerick musician to compete in Seán Ó Riada Gold Medal finalNext articleGreen candidate calls for alternative to M20 project Meghann Scully Linkedin Print Limerick Ladies National Football League opener to be streamed live center_img Email LimerickNewsLimerick family in DIY SOS TV show need your helpBy Meghann Scully – January 29, 2020 3300 Predictions on the future of learning discussed at Limerick Lifelong Learning Festival TAGSDIY SOSKeeping Limerick PostedlimerickLimerick Post WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Facebook Donal Ryan names Limerick Ladies Football team for League opener Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash last_img read more

May 31

The Collingwood Group Names New Partner

first_img Is Rise in Forbearance Volume Cause for Concern? 2 days ago  Print This Post 2016-11-30 Kendall Baer Home / Featured / The Collingwood Group Names New Partner November 30, 2016 959 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Share Save Previous: DocMagic Announces First Start to Finish Paperless Digital eClosing Next: Industry Insight: Changes in Mortgage Pricing Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Mirasha Brown Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Collingwood Group Names New Partner Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago in Featured, News Meg BurnsThe Collingwood Group, a business advisory firm located in Washington, D.C., announced the promotion of MegBurns to Partner. She will join the firm’s management committee and will lead the Business Advisory practice. She will also be responsible for the firm’s long-term strategic development.She has more than two decades of experience in the housing industry. Before joining The Collingwood Group as a Managing Director, Burns served as Senior Associate Director for Housing and Regulatory Policy at the Federal Housing Finance Agency (FHFA). She also served as FHFA’s Senior Associate Director for Congressional Affairs and Communications. In addition, Burns has held key positions with the Federal Housing Administration and the Department of Housing and Urban Development.Members of The Collingwood Group’s leadership team expressed their approval of Burns’ progression within the firm. “Meg is an incredible asset, and has become an indispensable member of the Collingwood leadership team,” said Brian O’Reilly, President and Co-founder of The Collingwood Group.Brian Montgomery, Collingwood Group Vice Chairman, seconded O’Reilly’s sentiments with the following: “I am particularly pleased for Meg in her new position as Partner at the firm. Meg was one of my most trusted advisors when I was FHA Commissioner. She consistently provided me with keen insight and thoughtful opinions on a host of housing policy issues. Meg is well regarded throughout our industry and within government housing circles, and we are thrilled she will continue to promote Collingwood’s brand and expertise in her new role of Partner.” Mirasha Brown is a graduate of Florida A&M University and is pursuing a masters degree at Syracuse University. Born and raised in Florida, she has contributed to public relations and marketing campaigns for Rent The Runway and Billboard. She is a communications specialist with The Five Star and a contributing writer to DS News and the MReport. The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Subscribelast_img read more