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Lindsay Lohan Confirmed for London’s Speed-the-Plow

first_img View Comments Lohan will play Karen, the role originated by Madonna in the 1988 Broadway production. She rose to fame as a child actress in The Parent Trap. She later starred in Freaky Friday, Confessions of a Teenage Drama Queen, Mean Girls, Herbie: Fully Loaded and Georgia Rule. Last year she starred in the film The Canyons opposite Broadway alum Nolan Gerard Funk. On TV, Lohan has guest-starred on King of the Hill, That 70’s Show, Ugly Betty and Glee. Dates are announced; all the notoriously tardy leading lady has to do now is turn up on time for eight shows a week. As previously speculated, Lindsay Lohan will headline David Mamet’ Speed-the-Plow in London. Directed by Lindsay Posner, the Mean Girls star will make her stage debut at London’s Playhouse Theatre. The limited engagement will begin performances on September 24 and run through November 30. Press night is set for October 2.center_img Speed-the-Plow focuses on two high-powered Hollywood executives, Charlie Fox and Bobby Gould, who have come up from the mailroom together. Charlie brings Bobby a surefire hit with a major star attached. Bobby seems certain to give the green light, until his beautiful new secretary gets involved. The play received its London premiere in 1989 and was revived in the West End in 2000 and at The Old Vic in 2008. A Broadway revival played the Ethel Barrymore Theatre in 2008. No word yet on further casting or who is understudying the role of Karen.last_img read more

How healthy are credit unions?

first_img 53SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Tom Glatt Jr Tom Glatt, Jr. is founder of Glatt Consulting, a credit union consulting firm specializing in strategy consulting for credit union leaders. Tom applies his 19 years’ experience in the credit … Web: www.glattconsulting.com Details In 2007 my firm was asked by a client credit union to assist them in finding a suitable merger partner. They faced multiple challenges due to the recession, and because they were seeing their net worth decline at an ever-accelerating pace, they knew they needed to find a partner in short order. The problem, however, was finding a partner that was healthy enough to support not only their present situation but their likely future one as well.To aid in the search, we created a system that allowed us to grade the performance of any given credit union, identify whether that credit union’s “grades” were rising or falling, and to determine a short list of potential merger partners for our client credit union to meet with. Ultimately the credit union made a wise choice, one that preserved services and value for thousands of credit union members.The conclusion of that project, however, meant that we had one less client to serve … but it also led to the realization that we had a dynamic new tool to use to assess credit union health. Over the next year we began to fine tune the tool, establishing a formal grading scale (0 is poor, five is great), settling on the metrics that would be graded, and migrating the scoring system from a spreadsheet platform to a database. As the tool matured we even gave the output a name: The Credit Union Industry HealthScore.I tell this story as a prelude to sharing some very exciting news about the health of the credit union community, as well as some basic concerns. First, let’s celebrate the good news.The credit union community is healthy and is getting healthier every day. The latest HealthScore, an average of the individual HealthScores of all credit unions, now at sits at 2.512 – an improvement of 4% over year-end scores from 2013. This represents the fourth highest year-over-year improvement in score going back to 2004. We’re seeing building strength in the credit union community, a trend that is very exciting indeed.But that isn’t the best part. That overarching HealthScore is an average of the scores of the 11 different metrics making up our scoring system. What is really impressive is that each of the 11 metrics saw positive year-over-year improvement. Why so impressive? We’ve never seen it before. For every quarter dating back to 2004 there is almost always a dip in three to five out of the 11 scores. This time, every score improved over the prior year.To provide some basis of comparison, at the height of the recession the industry’s overall HealthScore was 2.224, and eight out of the 11 metrics showed year-over-year declines. To say that the industry has turned itself around since then would be an understatement.Now to the challenges… namely, industry consolidation and problems with membership growth. Let’s start with industry consolidation. The year-over-year decline in the total number of credit unions (Q4 2013 to Q4 2014) was 4.26%. This number represents the largest year-over-year negative percent change in the total number of credit unions in more than a decade. While the accelerated consolidation has likely trimmed unhealthy credit unions from the ranks, thereby improving industry health, the pace of decline is a concern. Broad diversity of credit unions, in terms of market speciality, service philosophy, even size, is good for consumers. Rampant consolidation oftentimes results in minimal differentiation amongst competitors, and little in the way of distinct choice for consumers. It would be better to work for the survival of credit union diversity than for accelerated consolidation, though I acknowledge that many of the forces driving consolidation are beyond the direct control of the broader industry (lack of proper strategic and succession planning at smaller credit unions, regulatory/compliance burdens, changing consumer behaviors to name a few).As for membership growth, while the industry is rightfully touting large gains in total members served, 54% of individual credit unions experienced negative membership growth in 2014. Without membership growth, a credit union will either tap out loan growth opportunities to existing members, or be forced to substantially loosen underwriting standards to keep the loans flowing. The net result of either strategy can be a less-healthy credit union as income declines and/or delinquencies, charge offs, and associated servicing expenses rise.All credit union leaders should work to ensure industry preservation and stability, and the best way to do that is to lead a healthy, growing credit union. For inspiration, we suggest you take a look at the credit unions listed below. They represent the top 5 healthiest credit unions according to our Q4 HealthScore calculation results.The highest score was shared by $2.5B Redwood CU out of California and $902M Kemba Financial CU of Ohio. Each scored 4.636 – and each were also in the Top 5 in the 3rd quarter.Three credit unions shared the second-highest overall score of 4.545. Sandia Area CU, a $516M credit union out of New Mexico (also in our Q3 top 5), $2.1B Community First CU out of Wisconsin (they were 12th in Q3, but pushed their way into the top 5 with their stellar Q4 performance), and Consumers Cooperative CU out of Nebraska. Unlike their fellow list leaders, Consumers Cooperative is not in Peer Group 6. Rather, they are $24M in assets making them by far the smallest credit union in our Top 5.These credit unions, all scoring well over 4, are doing something right, and are destined to be among the survivors in an ever-shrinking credit union community. Incidentally, only 225 credit unions have scores over 4. That’s a mere 3.5% of the industry. The credit unions above could be considered the best of the best – at least for the moment.While our industry is healthy and getting healthier day by day we should be aiming higher still. Our challenge to the more than 6,000 credit unions scoring below the top 5, or even below the 225 that have reached a score of 4, is simply this: find a path that leads to sustainable growth. Such paths exist, and as proven by the highly successful Consumers Cooperative Credit Union, they exist for even for the smallest of credit unions.last_img read more

How CU Social Good became a formidable bastion of benevolence for credit unions

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr CU Social Good used to be a quaint, feel-good blog reporting heart-warming, philanthropic efforts credit unions are conducting within their communities nationwide. Just a really cool site that oozes with, well, goodness. Now this sweet sheep has shed its wool and turned into a well-oiled wolf (aka: a powerful communications machine for good) by leveraging all this positive data to tell the credit union story like never before. continue reading »last_img read more

ITB Berlin 2020 is still held, but as a virtual ITB convention

first_imgThe tourism network is based on artificial intelligence, is a learning system and constantly offers users relevant contact information for the travel industry. The Travel network can be accessed by all registered participants of the ITB Berlin 2020, ie trade visitors, congress participants, exhibitors and media representatives who have purchased a personalized ticket from the ITB store. Soon after launch, the network has a large number of subscribers. Numerous stakeholders have already registered, who previously received a personal invitation by email before the original opening date. Those who previously did not plan to visit the show in Berlin can also register now. Passenger network users can set up a profile, reconcile interests, contact and network. They can also follow other users, share contact information, talk and organize meetings. Virtual rooms where users can hold meetings, which they have scheduled before ITB Berlin, are available online. The video connection allows face-to-face meetings, and it is possible to communicate only via an audio connection. Under the headlines “Insights” and “News”, itb.com contains the latest news and reports on world travel and news trends ITB Berlin. Travel network – a new travel network of the B2B tourism industry At the advanced events of the Virtual ITB Convention, leading speakers will discuss how the global tourism industry can leverage intelligent strategies to ensure it survives in the future even in a challenging environment. Ahead of the latest developments, discussions on how the industry can deal with the coronavirus will play a key role. Between March 5 and 11, 2020, viewers can watch more than 20 exclusive live broadcasts and videos in English and German, some in real time and some with a delay on itb.com. Videos will then be available upon request. The extra will explain how trends affect personalization and individualization in the eTravel market; one of the sessions will study the topics “Voice Commerce: Selling Passenger and Hotel Rooms via Amazon, Alexa and Google Assistant” and “Instagram, Influencers & Co: An Underrated Challenge for Destinations”. Today, a new itb.com platform is launched: networking, industry news and the ITB Virtual Convention. itb.com is now open to everyone – 365-day platform for networking and content in English – ITB Virtual Convention March 5-11, 2020 with more than 20 exclusive live broadcasts and on-demand videos. In another keynote address, Eric La Bonnardière, co-founder of Evaneos, will address the topic of tourism and how local tour operators can deal with the phenomenon. Source and photo: itb.com (ITB Berlin) Nils Müller, CEO of TrendOne, will give his keynote address originally scheduled for the ITB Convention on Top 8 Trends in Tourism and Travel, asking “What trends, technologies and developments do you need to know and how to combine them to be successful in the future?” The recordings will take place in a specially equipped studio on the Berlin exhibition grounds, where numerous sessions will be broadcast live. Some speakers will join from remote locations via Skype. Viewers can also join: under the hashtag #ITBvirtualcon they can exchange opinions about the sessions and discuss them on social media.center_img At the forums of the Forum for Catering Technologies, which is run by the Catering Club, experts will deal with revenue management, sustainability in catering and the future of network distribution. At the sessions in which top experts participate, topics such as the establishment and restructuring of brands will be discussed in detail, as well as “Catering 2025”. Despite canceling this year, ITB is offering digital services 365 days a year by launch itb.com. The world’s leading travel fair is establishing an entirely new online platform for the global tourism industry. This global website is expected to be a bridge between actual meetings and digital networking, and features innovative tools for business, networking, and exclusive content. The new Data Talks interviews, originally scheduled for ITB eTravel World, will discuss best practices on personalization and a network of multi-platform travel in the future. Other sessions will include a discussion in Berlin, attended by representatives of bookingkit and VisitBerlin, who will ask “What drives the industry in 2020?” The following events from the ITB Berlin Convention are also taking place: Sharry Sun of Travelzoo will present the eagerly awaited empirical study on “Global Customers of Luxury and Sustainability” conducted by the company together with ITB Berlin. This live session will be streamed from CubeClub. Caroline Bremner of Euromonitor will talk about the “future of the tourism industry” and respond to the devastating challenges facing the industry, including over-tourism, climate change and insolvency as in the recent case of Thomas Cook. A day later, her lecture will also be available in English. IPK World Travel Monitor® is based on about 500.000 interviews and is the world’s largest travel survey. Rolf Freitag, CEO of IPK International, will present the latest forecast figures for global and European travel trends – a necessary decision-making tool for the entire tourism industry. Throughout the program, fascinating contributions from ITB Digital and Tourismuszukunft can be followed online until Friday, March 6th. In addition to examining how the industry deals with coronavirus, the sessions will also look at New Work, AI, blogging and open data. Virtual ITB Convention: Extraordinary Sessions on Current Topics The streaming and video program will be updated regularly over the next few days to provide additional content. Details and upgrades are available on ITB.com at any time.last_img read more

Parkes-managed fund to spend $350m in Europe

first_imgWould you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletters To access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.last_img

Japan eyes partial reopening to business trips: Yomiuri daily

first_imgJapan may restart business trips to and from Australia, New Zealand, Vietnam and Thailand in the next few months, easing an entry ban to prevent the spread of the new coronavirus, the Yomiuri daily said on Thursday.Up to 250 business travellers a day will most likely be allowed into Japan from the four countries, which have seen their infection situations stabilize, the newspaper said, without citing sources.Prospective visitors will be required to submit a document ahead of their trips to Japan showing they are not infected, and will be asked to go through a PCR, or polymerase chain reaction test, upon entry, the paper said. Japan, which bans entry from more than 100 countries, will negotiate with the four countries with a view to a partial reopening in the summer, it said.Chief Cabinet Secretary Yoshihide Suga said nothing specific had been decided.”It is important to resume comings and goings of people partially and gradually,” the government spokesman told a regular news conference.”Relevant ministries are looking into the matter, while taking into consideration infection situations in and outside of Japan and exchanging views with various countries.” In another step to ease coronavirus-related restrictions, the Tokyo metropolitan government is set to lift the “Tokyo alert”, issued last week to urge residents to keep their guard up, and allow more businesses to resume operations, public broadcaster NHK said.The capital saw 22 new cases of coronavirus infection on Thursday, up from 18 on Wednesday. The average daily infection tally over the past week has remained below the capital’s threshold of 20 for the easing of restrictions.The Tokyo metropolitan government plans to advance its business resumption process to “step 3” on Friday, after holding talks with medical experts, NHK said.Under the new phase, such businesses as videogame arcades and amusement parks will be allowed to reopen. center_img Topics :last_img read more

Kongsberg Taking Over Rolls-Royce Commercial Marine

first_imgKongsberg has entered into agreement with Rolls-Royce to acquire Rolls-Royce Commercial Marine.The transaction is structured as an acquisition by Kongsberg of the marine products, systems and aftermarket services businesses carried out by subsidiaries of Rolls-Royce.The transaction does not include Bergen Engines nor Rolls-Royce’s Naval Business.The parties have agreed a value of GBP 500 million (on a cash and debt free basis and with working capital at an agreed level).The final purchase price, will be determined based on Rolls-Royce Commercial Marine’s cash, debt and working capital at time of completion of the transaction.“The acquisition of Rolls-Royce Commercial Marine makes us a more complete supplier to the maritime industry. The maritime industry is becoming increasingly globalized and is undergoing considerable technological and market driven changes. With this acquisition we will strengthening our strategic position with shipowners, shipyards and other customers and partners,” says Geir Håøy, CEO and president of Kongsberg.“This deal is good news for Rolls-Royce and Kongsberg and comes at a time when the maritime industry is at the dawn of a new and exciting era where digital and electrical technologies will transform shipping. Rolls-Royce has been responsible for leading many of those technological advancements, and with combination of great people, market leading technology and a desire by Kongsberg to take this business to the next level, I’m sure that this business will prosper in the years to come,” says Mikael Makinen, Rolls-Royce president, Commercial Marine.Rolls-Royce Commercial Marine has experienced considerable reductions in activity levels due to challenging market conditions within offshore related activity. A main priority going forward is ensuring profitability, and at the same time being an industry innovation leader. The acquisition will also strengthen Norwegian ownership in the Norwegian maritime cluster, whilst the company will have a stronger Nordic and international position.Kongsberg will finance the acquisition through a combination of new equity and a new bond loan. The purchase price will be paid in cash upon completion of the transaction.Subject to regulatory clearance, the acquisition of Rolls-Royce Commercial Marine is expected to be completed in first quarter of 2019.last_img read more

Masdar refinances London Array stake

first_imgThe project is a joint venture between renewable energy companies RWE (30 per cent) and Ørsted (25 per cent), along with the global investor Caisse de dépôt et placement du Québec (25 per cent) and Masdar (20 per cent). London Array first began producing power in 2012 and was fully commissioned in 2013. Located off the coast of Kent on the outskirts of the Thames Estuary, London Array comprises 175 Siemens turbines. Masdar Energy UK, a wholly-owned subsidiary of Masdar, has refinanced its stake in the 630 MW London Array offshore wind farm in the UK. It is currently the third-largest fully commissioned offshore wind farm in the UK after the 1.2 GW Hornsea One and the 659 MW Walney Extension. The refinanced debt totalled approximately £ 466 million in commercial bank debt, maturing in December 2032. Original financing for the project closed in October 2013. In the UK, Masdar also has stakes in the 402 MW Dudgeon offshore wind farm, and the 30 MW Hywind Scotland, the world’s first commercial-scale floating wind farm.last_img read more

US pollies eye porn-block on new computers

first_imgNews.com.au 21 December 2016Computers and devices sold in South Carolina that can access the internet would be required to have filters installed to prevent people from viewing pornography, although buyers could pay a $US20 ($A28) fee to remove the blocking software under a proposal before the legislature.The amendment would require manufacturers or sellers of computers and internet-accessible devices to install software that blocks pornography, according to a draft of the amendment filed with the South Carolina General Assembly on December 15.One of its sponsors said on Tuesday the amendment would help raise money for the state’s task force to combat human trafficking, adding that the measure would not restrict their legal liberties, indicating it would allow for viewing adult pornography.“This is a way to preserve freedom, not raise taxes and combat a serious problem all in one,” State Representative William “Bill” Chumley, a Republican, said in an interview.Buyers over 18 in South Carolina would have to pay a $US20 fee to have the block removed. Manufacturers or sellers would pay a $US20 opt-out fee for each computer or device sold so they didn’t have to install the blocking software, according to the proposed measure.The amendment did not address any technology challenges or whether the filter would be a barrier to interstate commerce for technology firms that sell their devices nationwide.READ MORE: http://www.news.com.au/world/breaking-news/us-pollies-eye-pornblock-on-new-computers/news-story/30469d7c13e508f8378b18311aa0434dKeep up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

Area Boys Basketball Scores (2-24)

first_imgWRBI Area Boys Basketball Scores (2-24)Oldenburg Academy 60   Greenwood Christian 54Rushville  73     Morristown  65Austin  100     Southwestern Hanover  36Indian Creek  63     Eastern Hancock  44last_img