US to keep mortgage guarantee

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first_img Show Comments ▼ whatsapp The US Treasury Secretary said yesterday the government will continue to guarantee residential mortgages, despite the demise of Fannie Mae and Freddie Mac. Tim Geithner admitted at a White House summit on the future of the collapsed mortgage giants that the state still has a role to play in backing loans, in order to minimise the risk of further housing-led recessions. The news came as research in America suggested that residential construction projects fell again last month. KCS-content whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoinvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comUndoNinjaJournalistAdvertisement 25 Cute Baby Animals That Will Melt Your HeartNinjaJournalistUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndo Tuesday 17 August 2010 8:24 pmcenter_img Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof US to keep mortgage guarantee Share last_img read more

Insurers post stormy first half results

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first_img Show Comments ▼ Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldUndoBetterBe20 Stunning Female AthletesBetterBeUndoautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoElite HeraldKate Middleton Dropped An Unexpected Baby BombshellElite HeraldUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndo KCS-content whatsapp Monday 23 August 2010 7:51 pm Tags: NULL Insurers post stormy first half results center_img More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA 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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Share whatsapp SIGNIFICANT catastrophes during the first half of the financial year, including the Chilean earthquake and the BP Gulf of Mexico oil spill, have sent profits on a downward spiral at insurers Hiscox and Amlin. Bermuda-based Hiscox saw first half year pre-tax profits slide to £97.2m from £141.4m after the insurer took a £100m hit from the Xynthia windstorm in Europe, the Chilean earthquake and last year’s cold winter in the UK, which significantly impacted the insurance industry as a whole. Hiscox is also exposed to the BP oil spill, but estimates that the Gulf clean up is likely to cost it less than £10m in claims. “Hiscox is defensively placed for these market conditions with a robust book of reinsurance balanced by growing specialist business,” said Hiscox chairman, Robert Hiscox.Combined ratio, which measures an insurer’s profitability, at the Lloyd’s of London group rose to 94.8 per cent from 78.6 per cent. A combined ratio larger than 100 per cent indicates an insurer is paying out more than it is receiving. Meanwhile, rival Amlin was hit by $190m (£122.3m) in catastrophe claims for the period ending 30 June, marking a significant increase from the same period in 2009 when the group only saw $57m in claims. The rise in losses caused profits to fall to £107.6m from £177.1m.Amlin chief executive Charles Phillips said: “These results, after significant first half catastrophe losses, again demonstrate the robustness of our business model.”The group’s combined ratio rose to 88 per cent from last year’s 73 per cent, while its underwriting contribution fell from £135.3m to £100.1m.However, Amlin has seen its gross written premium climb by 54 per cent to £1.4bn, mainly driven by its acquisition of Amlin Corporate Insurance. Hiscox reported a slight decrease in written premiums from £906m to £904.3m.Both insurers posted an increase in dividend payouts to shareholders, with Hiscox boosting its payment by 11 per cent to 5p and Amlin hiking its dividend by 10.8 per cent to 7.2p.Hiscox said: “When the market turns and interest rates rise we will have another surge of growth.” last_img read more

UK rated worst place to live by expats

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first_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp UK rated worst place to live by expats Tags: NULL More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org center_img Tuesday 31 August 2010 8:41 pm Share EXPATS living in the UK have rated the region as one of the least favourable locations to live in the world, citing difficult job markets, reduced levels of disposable income and higher personal debt as the reasons, according to new survey findings. HSBC’s annual Expat Explorer survey found that the UK was rated by expats as one of the worst locations to live when it came to wealth and career opportunities. Up to 67 per cent of expats living in the UK said the local economy had deteriorated since 2009. As a result, two-thirds of those surveyed in the UK said career opportunities have been reduced.Thirty-one per cent of people said they have to closely monitor expenditure due to the high cost of living. Meanwhile, the UK is home to the highest number of expats who are accumulating more debt, with 11 per cent of the total 4,100 expats surveyed by the bank reporting it was harder to save money in the UK. KCS-content Show Comments ▼last_img read more

WHAT THE OTHER PAPERS SAY THIS MORNING

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first_imgTOKYO AIM FAILS TO FIND A SINGLE LISTINGMore than a year after its launch, the Tokyo and London stock exchanges’ Japanese joint venture bourse for start up companies, Tokyo Aim, has failed to secure a single listing. The slow start at the bourse is a setback over a year after the London Stock Exchange said it was “confident [it] will develop into a vibrant new market”.MANAGEMENT CONSULTANTS IN HIRING SPREEHundreds of management consultants are being hired across London. All four of the big professional services firms are recruiting staff aggressively, in spite of widespread concerns that the industry would be savaged by the government’s decision to slash management consultants in the public sector.UK SECTOR POISED FOR DEAL FLURRYThe flurry of deals in the US that saw Intel launch a surprise offer for McAfee and then snap up an Infineon wireless unit, and Hewlett-Packard outbid Dell for computer storage company 3Par, is spurring hopes of a rise in deal activity across the pond. Bankers are preparing for a pick-up in merger and acquisition activity in the UK technology sector as cashed-up companies look for targets.THE TIMESEXECUTIVE BONUSES SOAR AS TARGETS ARE SET ‘TOO LOW’Executive bonuses surged last year after many FTSE 100 companies set the bar too low. Payments by the country’s top companies rose to 98 per cent of directors’ basic salaries, from 95 per cent previously, despite harsh trading conditions, according to a survey by the accountant Deloitte. Among the country’s 30 biggest corporate players, average payouts jumped to 140 per cent of salary, almost 20 per cent higher than before. LEGAL FIRMS FACE STRUGGLE FOR SURVIVAL DURING WINTERCommercial law firms are bracing themselves for a bleak winter as many face a cash squeeze. A host of small and medium-sized firms will be pushed to the brink of survival as they struggle to find working capital.The Daily TelegraphFORMER HSBC CHIEF SIR KEITH WHITSON JOINS HIRING ROWThe former chief executive of HSBC has accused the bank of “gambling with the group’s future” by looking externally for a new chairman, days after Barclays boss John Varley turned down the job. Sir Keith Whitson, who retired from the bank in 2003 after over 40 years’ service, believes the board should concentrate on internal candidates steeped in knowledge of the company. MCLAREN LOOKS BEYOND CARS WITH NEW £40M FACILITYMcLaren, maker of championship-winning Formula One cars and £650,000 road-going “hyper” cars, has made a £780m bet that it can cut it in mainstream manufacturing., McLaren is already working with the healthcare and sports industries and has set its sights on aerospace.WALL STREET JOURNALBARCLAYS SHIFTS ITS POSITION ON STRESS TESTS, SOVEREIGN DEBTBarclays PLC says its disclosure of sovereign-debt holdings in July’s European bank stress tests didn’t exclude any government bonds it was holding in its trading books. That is a shift for the UK bank. Officials in late August and early September told The Wall Street Journal that Barclays had excluded certain sovereign bonds that it was holding in its trading portfolios from the stress-test figures.A WEAKENED RUSSIA LOOKS TO EUROPEThe severe blow dealt to Russia by the West’s financial crisis is prompting a recalibration of Russia’s foreign policy. Among the ideas now surfacing in Moscow: a much closer relationship between Russia and the European Union. Last year Russia’s economy shrank by 7.9 per cent. KCS-content Share Sunday 12 September 2010 11:34 pm whatsapp whatsapp Show Comments ▼center_img FINANCIAL TIMESRESPITE OVER CITY BONUSES DETAILS Britain’s banks will be spared the embarrassment of giving details of big bonus payments to staff in their annual reports next spring after the Treasury admitted the relevant legislation will not be on the statute book in time. The delay to new disclosure requirements is likely to create a highly contentious bonus round in February and March, coming as Britain enters the first stage of the coalition’s austerity programme. WHAT THE OTHER PAPERS SAY THIS MORNING Tags: NULL More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comlast_img read more

Galliford Try forecasts more demand for jobs in the construction industry

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first_img Share Galliford Try forecasts more demand for jobs in the construction industry Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof Tags: NULL whatsapp 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 TodayTotal 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 TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com housebuilder and construction firm Galliford Try yesterday said it planned to cut a further five per cent of its workforce in the construction business amid fears of government spending cuts and a continued decline in demand.The company, which employs about 3,850 people, said it has cut as many as 15 per cent, or about 500 jobs, in the construction division from 3,300 last year.“It’s a very challenging market in construction. There is undoubtedly less work out there… we are actually encouraging our construction division to downsize,” said chief executive Greg Fitzgerald.Fitzgerald expects construction sales to fall seven per cent in the current fiscal, mainly due to the British government’s programme to slash public spending. “We would anticipate somewhere between 20 and 40 per cent cutbacks in most of our areas where the government spends money,” he said.According to a survey of purchasing managers, growth in Britain’s construction sector slowed markedly in August, and employment within the sector decreased. However, Fitzgerald expects sales from the its housebuilding unit, which the company planned to expand, and private commercial projects to offset the lower demand in construction. For the year to 30 June, revenue was £1.22bn, down 16 per cent from a year ago. Galliford Try, whose landbank rose 24 per cent to 9,700 plots, expects to double its housing market sales in 2012 from £316m currently. Pre-tax profit rose to £26.1m from £24.5m last year. center_img whatsapp Wednesday 15 September 2010 8:10 pm Show Comments ▼ KCS-content last_img read more

Post workers to own 10pc of Royal Mail

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first_img whatsapp Wednesday 22 September 2010 8:23 pm Post workers to own 10pc of Royal Mail AT least 10 per cent of Royal Mail will be owned by employees when the postal service is eventually privatised, Vince Cable announced yesterday.Speaking at the Liberal Democrat conference in Liverpool, the business secretary said Royal Mail’s 155,000 workers would benefit from the “largest employee shares scheme of any privatisation for 25 years”.He added: “The Liberal Democrats were the first and only party to call for an employee stake and we are now implementing it in government.”The government has not yet decided whether it will give away the shares or sell them at a hefty discount, although it will try to find a way of making employees hold on to their stock rather than immediately offloading it.Cable is hoping the plan will avert a wave of strike action when the private owner begins trying to modernise archaic postal service.“If Royal Mail is going to modernise, it will need to bring its workers along with it,” an aide to Cable said, adding the Communication Workers Union (CWU) had already downed tools twice over attempts to drag the postal service into the 21st Century. Cable is keen to draw lessons from the success of companies with significant employee share ownership like John Lewis, which has shed staff in the recession with very little unrest. However, the CWU hit out at Cable’s plans, arguing it was “deeply patronising” to people who had spent their entire lives working at Royal Mail. “The British public currently owns 100 per cent of Royal Mail and now 90 per cent is to be sold off to the banks and financial institutions that have created the current financial crisis,” said Bill Hayes, CWU general secretary.The government is hoping to privatise the Royal Mail next year, after it has passed legislation in the autumn, either by finding a trade buyer or through an IPO. It will keep a small stake in the interim, but has no plans to be a long-term shareholder. Show Comments ▼ 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.com KCS-content Share whatsapp Tags: NULLlast_img read more

Paragon set for a return to buy-to-let

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first_img KCS-content Show Comments ▼ PARAGON, the buy-to-let mortgage provider, has returned to new lending after pulling out two years ago due to the global economic turmoil.Paragon chief executive Nigel Terrington said the company would specifically target professional landlords – an area of the market which it believes is underserved by buy-to-let lenders.Terrington said there were two primary reasons for Paragon’s decision to return to lending at the current time, namely very high levels of tenant demand in the UK and a more stable funding environment.Tenant demand is being driven by weakness in the wider housing market, difficulty in securing mortgages for first-time buyers, and high levels of demand from immigrants, Terrington said.“Fourteen per cent of all properties in the UK are privately rented,” he added. “That’s a figure that is only going to keep growing as the population rises.”Paragon has secured a new warehouse debt funding facility with Macquarie.“Our model is to finance ourselves via the securitisation markets, which went through a very disrupted period through the credit crisis,” Terrington said. “But today, we’re seeing it performing at a better level than at any time since 2007. The core of the market is now dominated by traditional long-only bond investors, who understand the market thoroughly and aren’t highly leveraged.”Paragon hopes to build its book back up to the kind of market share it had before the crisis – around 10 per cent, or £1bn, by the end of next year.Paragon struck out at the previous government, saying specialist lenders suffered when big banks were shored up in the crisis. “Buy-to-let is an increasingly important part of the UK housing market and competition is vital for a healthy and vibrant market,” Terrington said. Tuesday 28 September 2010 11:22 pm whatsapp Paragon set for a return to buy-to-let 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.comcenter_img whatsapp Tags: NULL More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com Sharelast_img read more

118 118 owner gets its numbers right

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first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Sunday 10 October 2010 11:02 pm KCS-content Tags: NULL Share The Number UK, owner of 118 118, slashed its dividend by more than half last year. The firm, best known for its adverts featuring two runners with moustaches, paid out £25m to its shareholders compared to £52m the year before. It also reported strong results, with operating profit up nine per cent to £64m. Turnover was steady at £116m. center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryNoteabley25 Funny Notes Written By StrangersNoteableyTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe 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.comHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical Genius whatsapp Show Comments ▼ 118 118 owner gets its numbers right whatsapplast_img read more

Ocado still overvalued, says analyst

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first_img OCADO’S stock fell another 3.5p yesterday to 123.5p, despite its announcement this week that it has begun work on its new warehouse in Warwickshire.It is now trading 46 per cent below the mid-point of its initial IPO price range.But yesterday another analyst released a note warning the stock could still have a long way to fall before it resembles a sound investment.Collins Stewart’s Gary McCarthy, said buying the shares at their current price is a “nO CAn DO”.He said the target price should lie between his initial valuation of 122p and a lowly 90p, pointing to his estimates the firm will have to hit figures that even rivals including Tesco and WM Morrison have been unable to achieve.On Tuesday Ocado said it will start work on a £210m new warehouse to fuel its expansion plans. Thursday 14 October 2010 9:06 pm whatsapp Share KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap Show Comments ▼ whatsapp Ocado still overvalued, says analyst Tags: NULLlast_img read more

EasyJet poised to pay first dividend

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first_img KCS-content BUDGET airline easyJet is set to announce its first dividend payment alongside its results tomorrow, according to reports.The carrier has not paid a dividend since it listed ten years ago, but new chief executive Carolyn McCall has come under pressure from founder Stelios Haji-Ioannou to appease shareholders.Stelios, who quit the board in May in a row over strategy, said in an recent interview that the company should slow down expansion and pay a small, regular dividend. Stelios had threatened to withdraw easyJet’s permission to use the orange “easy” branding, but has since signed a licencing agreement that gives him 0.25 per cent of the firm’s profits. The FTSE 250-listed firm is expected to announce pre-tax profit of £154.5m tomorrow, following a profit upgrade in October that sent its shares up ten per cent. Annual profit is expected to be three-times more than last year, when higher fuel and staffing costs took the firm by surprise. Analysts have predicted strong profit growth in easyJet’s results, despite the firm losing millions when flights were grounded in April due to the volcanic ash cloud. Shares in easyJet closed at 466p on Friday, giving the firm a market capitalisation of almost £2bn. Sunday 14 November 2010 10:37 pm Show Comments ▼ whatsapp Tags: NULL center_img Share EasyJet poised to pay first dividend whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal 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 TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farm More From Our Partners Porsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comWhy people are finding dryer sheets in their mailboxesnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comColin Kaepernick to publish book on abolishing the policethegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comlast_img read more