CAN THE UK MAKE A PROFIT ON ITS BANK STAKES TOO?

first_imgTuesday 7 December 2010 8:56 pm The US Treasury invested a total of $45bn to bail out Citigroup (headed by Vikram Pandit), taking control of 27 per cent of the banking giant. The government has slowly whittled down its stake, with the bank paying back $20bn in preferred stock earlier this year. Last week the government sold 2.4bn shares for $10.5bn. It now estimates it has a cumulative $12bn profit from the bailout, including interest and dividends of $2.9bn.The Government currently holds a total of 27.6bn ordinary shares in Lloyds (headed by Eric Daniels), including 15.8bn shares taken up in Lloyds’ rights issue. This is equivalent to 41 per cent of total share capital. The total government outlay was £20.3bn. Lloyds’ current market cap is £45bn, valuing the government’s stake at £18bn, meaning an immediate sale would lose the taxpayer in the region of £2bn.The Government currently holds a total of 90.6bn shares in RBS (headed by Stephen Hester), including 51.0bn non-voting B shares. This is equivalent to 68 per cent of voting share capital and 83 per cent of total share capital. The total government outlay was £45.5bn. RBS’ current market cap is £45bn, valuing the government’s stake in the bank at £37bn – meaning an immediate sale would lose the taxpayer £8bn. whatsapp Show Comments ▼ Tags: NULL More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMark Eaton, former NBA All-Star, dead at 64nypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org KCS-content center_img 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 PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute Share CAN THE UK MAKE A PROFIT ON ITS BANK STAKES TOO? whatsapp last_img read more

Echostar to buy Hughes in $2bn deal

first_imgMonday 14 February 2011 9:19 pm whatsapp Read This Next’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap4 ideal Zion Williamson trade scenarios from the New Orleans PelicansSportsnautRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapRick Leventhal to Exit Fox News Just as His Wife Kelly Leaves ‘RealThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap’In the Heights’ Underwhelms at Box Office With $11.4 Million DebutThe WrapJason Whitlock, Former ESPN and Fox Sports Reporter, Resurfaces at BlazeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com ECHOSTAR Corp agreed to buy Hughes Communications for about $1.33bn (£830m), excluding debt, as the digital set-top box maker looks to beef up its broadband satellite services offerings.Under the terms of the deal, Hughes’ shareholders will get $60.70 per share, a 31 per cent premium over the stock’s 19 January close, a day before Hughes had hired bankers for a sale.EchoStar, co-founded by Dish Network chief executive and billionaire Charlie Ergen, will pay $2bn for the acquisition including debt.EchoStar’s offer for Hughes follows its largest customer Dish Network’s deal earlier this month to buy DBSD North America, a satellite network operating under bankruptcy, for $1bn. Share whatsappcenter_img Echostar to buy Hughes in $2bn deal Show Comments ▼ KCS-content Tags: NULLlast_img read more

First Black woman coach in the NFL

first_imgCollette SmithBlack history includes the hiring of the first and only Black female professional football coach in the U.S. She is Collette Smith, who signed on with the New York Jets in 2017, the team’s first female coach. Smith made her coaching debut at the Jets’ preseason training camp in the summer of 2017. She is the third female coach in NFL history. The first was Jen Welter, who the Arizona Cardinals hired in 2015.Jets coach Todd Bowles stated: “Her football knowledge is outstanding. It’s all-male interns so far. I thought it would be a good idea to bring in a female intern, strictly off her skill set, not because she’s female. She’s a hell of a football coach and she fits in with the guys.” (espn.com, July 29) Smith says the players were welcoming and accepting. She says she’ll criticize them for errors, but unlike some coaches will praise them for their good moves, or as she puts it, “I’m motherly to them.” (“Here and Now,” WABC, Feb. 5)Prior to joining the Jets, Smith played with the New York Sharks in an independent women’s football league for three years until having to retire due to repeated knee injuries. She played in the defensive backfield as a safety. Afterwards, she became the Sharks’ defensive back coach.The Sharks play at the Floyd Bennett football field in Brooklyn in the spring. Only the coaches get paid, not the players. The games are attended by only 100 to 300 people, a small turnout. They play in near obscurity. There are no corporate sponsors; however, the league is openly looking for sponsors. So far, only the New York Giants and the New Orleans Saints have shown interest in the women’s league for training purposes.Advocates for women’s football want to empower inner-city, low-income young girls and help them believe in themselves, know their self-worth, and love and respect themselves and others. They also want to teach boys that they and girls are equal. However, perceived stereotypes still exist. Sports also helps keep kids off the street.Collette Smith grew up in Queens, N.Y. As a child, she watched football games with her father and became a lifelong Jets fan. She started playing football at age 42. Previously, she was a ballet dancer. Since passage of the 1972 Title IX Education Amendments, civil rights legislation covering athletics and gender equity, two out of five females now participate in sports, she adds.Smith states: “Women’s games are not involved in ‘taking a knee,’ but they understand that Colin Kaepernick and others are taking a knee to protest police brutality of Black men; and that’s a positive thing. And, contrary to projections, people still are watching NFL games. Also, President Trump should not be commenting on taking a knee.”Upon being hired by the Jets, Smith said: “I’m on top, I’m humbled and I’m proud. This could’ve happened with any NFL team. But it just so happened that it was my beloved Jets; this is bigger because of that. God forbid it would’ve been with the Patriots. But I still would’ve done it. While I recognize the enormity of my accomplishments and what it means to sports, I’m also looking forward to the day when a woman being hired by a professional sports team is a non-history.” (newyork.cbslocal.com, May 26)Smith sees her new opportunity as “a way for me to empower women. Don’t dream small, play big and go for it. One day a woman will come to a football team and it won’t be a big story. It’ll just be football. When that day comes I’ll be more honored and even more proud. We as women carry a lot on our shoulders. Right now, it happens to be football for me.”Sources: “Here & Now,” WABC, Feb. 5; “Black America,” CUNY TV, Nov. 22; ESPN, July 29; Rich Cimini, newyork.cbslocal.com, May 26.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Pasadena Congresswoman Votes for 21st Century Cures Act, Should Advance Research and Medical Treatment

first_imgHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeauty11 Ayurveda Heath Secrets From Ancient IndiaHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeauty More Cool Stuff Top of the News Community News Your email address will not be published. Required fields are marked * Name (required)  Mail (required) (not be published)  Website  Subscribe EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Government Pasadena Congresswoman Votes for 21st Century Cures Act, Should Advance Research and Medical Treatment Published on Thursday, December 1, 2016 | 2:51 pm 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.center_img Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena On Wednesday night, the House of Representatives passed H.R. 34, the 21st Century Cures Act, by a vote of 392-26. Over the next ten years, this bill should provide billions of dollars for medical research , including $1.8 billion for the Vice President’s Cancer Moonshot initiative and $1 billion over two years for grants to states to help combat the opioid epidemic.Pasadena Congresswoman Judy Chu (CA-27) voted for the bill and released the following statement:“I am proud to support this bipartisan bill that will help advance research and treatments that can save millions of lives. America is a global leader in medical research, and robust government support has always been essential to that. But even the best medical breakthrough will not help patients if it is too expensive to access, which is why I am troubled that this bill does not address the skyrocketing drug prices being charged by some pharmaceutical companies. Still, there is much in this legislation that will help research facilities in my district and around the country find cures to diseases like cancer, Alzheimer’s disease and other neurological disorders, fight opioid abuse, and improve mental health. Moving forward, I will work to ensure that Congress continues to provide the funds promised in this bill so that we can achieve a healthier country for all of us.”An earlier version of 21st Century Cures passed the House by a vote of 344-77 on July 10, 2015. Business News Community News 0 commentsShareShareTweetSharePin it Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Make a comment First Heatwave Expected Next Week last_img read more

Fresno Unified School District Secures 100,000 Devices with Absolute Resilience

first_img Twitter By Digital AIM Web Support – February 3, 2021 Facebook Previous articleNextGen Healthcare Ranked Number #1 EMR and Practice Management Solution in 2021 KLAS ReportNext articleTwist Bioscience Announces Executive Team Appointments Digital AIM Web Support WhatsApp Pinterest Pinterest Local NewsBusinesscenter_img TAGS  Twitter VANCOUVER, British Columbia & SAN JOSE, Calif.–(BUSINESS WIRE)–Feb 3, 2021– Absolute Software™ (NASDAQ: ABST) (TSX: ABST), a leader in Endpoint Resilience™ solutions, today announced Fresno Unified School District (USD) is using the Absolute Resilience™ platform. With an unbreakable digital tether to all school-issued devices, Fresno USD is equipped with complete visibility and control, real-time insights into the state and location of more than 100,000 devices, and the ability to automatically self-heal security controls to ensure the security and digital integrity of their distance learning program. As the third largest school district in California, today Fresno USD manages and secures devices that are distributed to more than 74,000 students across 66 elementary schools, 15 middle schools, and 9 high schools. The central California district originally turned to Absolute Software to track and trace approximately 20,000 Windows mobile devices; the Absolute platform provided visibility as to where those devices were at any time, and the ability to remotely lock them if they fell into the wrong hands. But when the district-owned fleet of devices increased, it became challenging for IT to continue maintaining an accurate device inventory. Even before March 2020, Fresno Unified’s sense of urgency to account for all devices was growing significantly, since the district had rolled out a 1:1 program that included more than 75,000 devices – 10,000 of which were for teachers and administrators. When the pandemic hit, the district – like so many others across the nation – needed to swiftly add another 25,000 devices to ensure every student was equally equipped with a laptop and could securely participate in the district’s remote learning program. “We started using Absolute reporting as a sanity check against our physical inventorying,” said Kurt Madden, CTO of Fresno USD. “Some schools would say they had run out of devices, but we knew from the Absolute report that they had hundreds of laptops. We would go room to room at the school site and find them – saving us from buying hundreds of devices we didn’t actually need to purchase. Today, the Absolute report is our inventory.” To ensure their mission-critical applications like Virtual Private Networks (VPNs) remain healthy and working as intended, the Fresno USD IT team relies on the self-healing capabilities enabled by Absolute’s patented Persistence® technology. And with no physical access to remote devices, the team is able to mitigate vulnerabilities in a timely manner and automate fixes using Absolute Reach ® – a querying tool that includes a library of more than 130 custom workflows, and allows IT to take widespread remedial action even when devices are off the school network. Ensuring the safety and well-being of their 74,000 student body is also one of the district’s highest priorities. With an undeletable digital tether to every device, school officials are able to help parents quickly locate runaway kids who took their school-issued laptop with them, ensuring they are protected from any potential harm. “Fresno USD, like so many K-12 districts across the country, has faced enormous challenges this school year, and we are honored to be a key partner in helping them overcome these challenges,” said Warren Young, AVP of Education at Absolute Software. “Their commitment to keeping students and staff connected, secure, and productive in the wake of a sudden and seismic transition to distance learning has been nothing short of remarkable, and we look forward to working side-by-side as they navigate continued uncertainty.” Additionally, the community knows about the undeletable tether on school-owned devices – and that knowledge reduces theft. Many other devices have been recovered from computer sales stores, airports, and e-commerce websites thanks to the automated message that pops up explaining the device’s real owner when a machine is rebooted. From device tracking and locating students to persisting key applications in the era of remote learning, Fresno USD has seen significant ROI with Absolute. “Absolute continues to innovate and provide the services we need,” said Madden. “It’s a long-term partnership, and we look forward to many more years as an Absolute customer.” To download the full case study, visit here. To learn more about Absolute Software, visit www.absolute.com. About Absolute Software Absolute Software is a leader in Endpoint Resilience solutions and the industry’s only undeletable defense platform embedded in over a half-billion devices. Enabling a permanent digital tether between the endpoint and the enterprise who distributed it, Absolute provides IT and Security organizations with complete connectivity, visibility, and control, whether a device is on or off the corporate network, and empowers them with Self-Healing Endpoint™ security to ensure mission-critical apps remain healthy and deliver intended value. For the latest information, visit www.absolute.com and follow us on LinkedIn or Twitter. ©2021 Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo, ABSOLUTE REACH, and PERSISTENCE are registered trademarks of Absolute Software Corporation in the United States and/or other countries. Other names or logos mentioned herein may be the trademarks of Absolute or their respective owners. The absence of the symbols ™️ and ® in proximity to each trademark, or at all, herein is not a disclaimer of ownership of the related trademark. View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005317/en/ CONTACT: Media Relations Becki Levine [email protected] 858-524-9443Investor Relations Joo-Hun Kim [email protected] 212-868-6760 KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA CANADA INDUSTRY KEYWORD: PRIMARY/SECONDARY EDUCATION DATA MANAGEMENT SECURITY TECHNOLOGY SOFTWARE SOURCE: Absolute Software Copyright Business Wire 2021. PUB: 02/03/2021 08:00 AM/DISC: 02/03/2021 08:01 AM http://www.businesswire.com/news/home/20210203005317/en Facebook Fresno Unified School District Secures 100,000 Devices with Absolute Resilience WhatsApplast_img read more

Man arrested in Derry in connection with attempted attack on policeman’s family

first_img By News Highland – May 21, 2012 Guidelines for reopening of hospitality sector published WhatsApp RELATED ARTICLESMORE FROM AUTHOR Twitter WhatsApp Twitter Google+ Almost 10,000 appointments cancelled in Saolta Hospital Group this week Three factors driving Donegal housing market – Robinson LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Man arrested in Derry in connection with attempted attack on policeman’s familycenter_img Pinterest A 26 yr-old man has been arrested in Derry today in relation to an incident in Drumleck Drive on the 15th of last month.What was described as a viable device was left under a car owned by the parents of a serving police officer. Pinterest Facebook Calls for maternity restrictions to be lifted at LUH Newsx Adverts Facebook Google+ Previous articleSoccer – Another Defeat For HarpsNext articleDeputy Pringle in the High Court seeking to speed up his referendum challenge News Highland Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more

Police in Derry appeal after woman assaulted

first_img Facebook Pinterest News Facebook Google+ Police in Derry are appealing for information about an indecent assault on a woman in the city centre.In the early hours of Monday June 30, a woman in her 20s was approached at William Street by a man who started to talk to her.As she moved away, the man grabbed her around the upper part of her body and also indecently assaulted her.She broke free and left in a friend’s car.The man is described as being in his mid 20s, with dark hair and was of a thin build. Previous articleMost of the Falcarragh stranded whales have now been returned to the waterNext articleLetterkenny woman collects 21.5K in Lotto’s money spinner game News Highland Main Evening News, Sport and Obituaries Tuesday May 25th Twitter Google+ Police in Derry appeal after woman assaulted WhatsAppcenter_img Pinterest RELATED ARTICLESMORE FROM AUTHOR 365 additional cases of Covid-19 in Republic Further drop in people receiving PUP in Donegal Man arrested on suspicion of drugs and criminal property offences in Derry Twitter By News Highland – July 7, 2014 WhatsApp 75 positive cases of Covid confirmed in North Gardai continue to investigate Kilmacrennan firelast_img read more

Regional gap in managerial pay

first_img Previous Article Next Article Regionalpay variation for managers is larger than that of manual staff, according to anOffice of National Statistics report.Thereport claims the difference occurs because employers base managerial salarieson local house prices.Thesurvey, published in Incomes Data Services’ Management Pay Review, showsmanagement salaries regionally differ by up to 50 per cent compared to 30 percent for manual employees. The average earnings of managers in largeorganisations in the UK is nearly £113,000. But the average managerial pay inLondon is almost £139,000, compared to Scottish managers who earn on averageless than £58,000.TheIDS report says: “Rather than managerial pay running at similar levels acrossmost of the country while manual wages vary greatly, the reverse seems to bethe case.”Thereport claims regional differences are linked to employers setting managerialpay based on the local cost of living, in particular house prices. IDS comparedregional managerial salaries to house prices and claimed “a remarkably closefit”.www.incomesdata.co.uk          www.statistics.gov.uk Related posts:No related photos. Comments are closed. Regional gap in managerial payOn 30 Apr 2002 in Personnel Todaylast_img read more

Evaluating trace element bioavailability and potential transfer into marine food chains using immobilised diatom model species Phaeodactylum tricornutum , on King George Island, Antarctica

first_imgIn order to evaluate trace element bioavailability and potential transfer into marine food chains in human impacted areas of the Fildes Peninsula (King George Island, South Shetland Islands Archipelago), element levels (Cr, Ni, Cu, Zn, Cd, and Pb) were determined in water, sediments, phytoplankton, and in diatom Phaeodactylum tricornutum Bohlin (Bacillariophyceae) cells immobilised in alginate and exposed to water and sediments, from the Bellingshausen Dome (reference site) and Ardley Cove (human impacted area), during January 2014. High element concentrations in exposed P. tricornutum indicated element mobilisation from sediments into the water. Levels in exposed cells reflected the sediment element content pattern, comparable to those found in phytoplankton, supporting phytoplankton as an important path of trace element entry into marine food chains. This study clearly shows immobilised P. tricornutum as good proxy of phytoplankton concerning element accumulation efficiency, and an effective tool to monitor trace element contamination in polar coastal ecosystems.last_img read more

Historic ground-rent free development launched by former Countrywide director

first_imgHome » News » Land & New Homes » Historic ground-rent free development launched by former Countrywide director previous nextLand & New HomesHistoric ground-rent free development launched by former Countrywide directorMichael Stone formerly headed up the PLCs’ new homes division but has since launched an estate agency that is now promoting a ground-rent free site.Sheila Manchester7th November 20190695 Views One of the barriers facing agents who sell new-build apartments has been, since the leasehold miss-selling scandal erupted last year, to re-assure buyers that they are not going to be ripped off.Following the scandal, the government has promised to dramatically overhaul the leasehold system, which is the result of a long battle to make the system less opaque, particularly when it comes to ground rents.And now the first new homes development to be unencumbered by ground rents is set to launch. Set in stone in fact – as estate agency Stone Real Estate launches its Newington Gate development in London N16.Ground rentsWith a range of one and two bedroom apartments it is the first to be launched with no ground rents payable for homebuyers that buy a property.Newington Gate will have 32 private sale apartments, 12 shared ownership and 28 affordable rent apartments. The scheme is a joint venture between Hill and Anchor Hanover who will manage the shared ownership and affordable rent (exclusively for over 55 year olds) and 56% of the new homes delivered by the partners at Newington Gate will be affordable.Founder and CEO of Stone Real Estate, Michael Stone (left), formerly Countrywide’s Head of Land and New Homes said: “Not only are we delighted to be offering these homes for sale but we’re proud to be leading change in the sector and doing so without any ground rents payable by the buyer.“Ground rents and their tendency to fluctuate have been a contentious topic in recent years and while the industry is considering scrapping them as a whole, we wanted to drive this change now, in order to benefit our buyers.Stone Real Estate ground rents leasehold scandal November 7, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

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