Lord Browne’s US fund is mulling a bid for auctioned BP assets

first_img Lord Browne’s US fund is mulling a bid for auctioned BP assets Show Comments ▼ More From Our Partners Kansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comBrave 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.comColin Kaepernick to publish book on abolishing the policethegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndo whatsapp FORMER BP chief Lord Browne is considering buying businesses from his former firm as BP divests assets to raise cash for its US lawsuit.Riverstone, the US private equity house at which Browne is now a partner, is reportedly considering bids for BP businesses being auctioned. Assets include its Canadian natural gas liquids processing facilities worth $2bn (£1.3bn), recently put up for sale.The move would mark a return to managing assets that Browne managed during his tenure at BP’s helm, Sky News reported yesterday. Browne is credited with building BP into a global energy player before handing it over to Tony Hayward in 2007.There is no guarantee that Riverstone will make any formal bids, the report said. The assets have been put up for sale to raise an estimated $30bn for use as BP fights a $21bn US government lawsuit resulting from the Gulf of Mexico oil spill this year. BP announced last week that it will sell oil-producing blocks in Pakistan to a Hong Kong investor, UEG, for $775m, in a move that will take its total raised to $22bn.New York-based Riverstone, which specialises in energy investments, has also reportedly been mulling a bid for Shell-owned oil fields in Nigeria. center_img Share Wednesday 22 December 2010 8:43 pm KCS-content whatsapp Tags: NULLlast_img read more

Simon set to sign £3bn loan to fund Capital Shopping Centres takeover

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe 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 AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition KCS-content ALL EYES will be on US real estate firm Simon Property this week as it signs loan agreements to fund a formal bid for UK mall owner Capital Shopping Centres worth around £3bn. Simon has until 12 January to formalise its 425p per share offer for the FTSE 100-listed firm after the City”s Takeover Panel issued a “put up or shut up” notice last month. America’s biggest retail property group Simon said last week it had agreed terms for a loan of around £3bn with Citigroup, Deutsche Bank, Goldman Sachs and Morgan Stanley. The loan facility announced would more than cover a bid at 425p per share, excluding Simon’s existing 5.1 per cent stake, though the exact terms of the loan are not finalised.Analysts have previously voiced concerns that a bid at the current price would not be enough to persuade CSC investors to sell their stakes. Simon first approached Capital in November, in an attempt to frustrate the firm’s £1.6bn deal to buy the Trafford Centre near Manchester.Simon has said it will not make a deal unless the Trafford purchase from Peel Holdings is scrapped, and it has access to CSC’s books to undertake due diligence. Capital has so far rejected Simon’s requests. Capital is due to hold a shareholder meeting on 26 January to approve the takeover of the Trafford Centre, after delaying the vote in the wake of Simon’s advances. Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily 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 ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily Proof Simon set to sign £3bn loan to fund Capital Shopping Centres takeover Tuesday 4 January 2011 12:13 amcenter_img whatsapp whatsapp Tags: NULL Share last_img read more

Kambi to support NG Gaming with Latin America sports betting launch

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “We are delighted to partner with Kambi to launch our new disruptive brand; it quickly became clear Kambi was the only partner we could trust to support us with our ambitious time-to-market strategy and future expansion across the South American continent,” an NG Gaming spokesperson said. Subscribe to the iGaming newsletter Olimpo.bet will initially target Peru, where the brand will draw on Kambi’s presence in both Colombia and Argentina to support its launch and potential expansion in the region. Betting solutions provider Kambi has agreed a deal to provide its technology and services to NG Gaming to support the launch of its new Olimpo.bet online sports betting brand in Latin America. “Furthermore, Kambi’s flexible technology, alongside its proven risk management and price differentiation capabilities, will give Olimpo.bet a platform on which to outcompete the market.” In April, Kambi revealed revenue climbed 55.1% in the first quarter, thanks to continued growth of the US market and a busy American sporting calendar. The period also saw the supplier sign a deal with Casino Magic to launch a new sportsbook in Argentina. Regions: LATAM Peru Sports betting Kambi co-founder and chief executive Kristian Nylén added: “This is an important strategic partnership for Kambi as we continue to expand our footprint in Latin America’s growing sports betting market. 2nd June 2021 | By Robert Fletcher “The ambition shown by NG Gaming to be among the leaders in sports betting matches our own, and we are excited at the prospect of Olimpo.bet going live in time for the Copa América.” Topics: Sports betting Online sports betting Under the multi-year agreement, the Olimpo.bet online sportsbook will go live with Kambi’s sports wagering technology. Kambi to support NG Gaming with Latin America sports betting launch Tags: Kambi Group NG Gaming Olimpo.bet Email Addresslast_img read more

ART Holdings Limited 2013 Annual Report

first_imgART Holdings Limited (ARTD.zw) listed on the Zimbabwe Stock Exchange under the Paper & Packaging sector has released it’s 2013 annual report.For more information about ART Holdings Limited (ARTD.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the ART Holdings Limited (ARTD.zw) company page on AfricanFinancials.Document: ART Holdings Limited (ARTD.zw)  2013 annual report.Company ProfileAmalgamated Regional Trading Holdings Limited (ART) manufactures and distributes products in three key categories paper products, stationary and batteries. Its product portfolio is diverse; ranging from tissue paper, sanitary ware and disposable napkins to writing pens and automotive, solar and standby batteries. Its products fall under the brand names Exide, Eversharp, Softex and Chloride. The company also has substantial interests in timber plantations and offers forestry resources management services. ART has a southern African footprint, with a strong presence in Zimbabwe, Zambia, Malawi and South Africa. Formerly known as Beachmont Trading Limited, its name changed to Amalgamated Regional Trading Holdings Limited in 2001. The company is a subsidiary of Taesung Chemical Company Limited and its headquarters are in Harare, Zimbabwe. Amalgamated Regional Trading Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

RDC Properties Limited (RDCP.bw) HY2017 Interim Report

first_imgRDC Properties Limited (RDCP.bw) listed on the Botswana Stock Exchange under the Property sector has released it’s 2017 interim results for the half year.For more information about RDC Properties Limited (RDCP.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the RDC Properties Limited (RDCP.bw) company page on AfricanFinancials.Document: RDC Properties Limited (RDCP.bw)  2017 interim results for the half year.Company ProfileRDC Properties Limited is a property management, development and rental company in Botswana. It also has interests in Madagascar through a Mauritian-based subsidiary. The company develops and manages commercial, industrial and residential developments which are based in prime locations in major towns and cities of Botswana. RDC Properties Limited offers long-term value to its shareholders through construction income, rental income, hospitality income, capital appreciation and the sale of premium properties. Landmark properties in its portfolio include Masa Centre, Standard Chartered House, Chobe Marina Lodge and Isalo Rock Lodge. RDC Properties is investigating investment opportunities to expand its footprint in South Africa, Mozambique and Namibia.last_img read more

Forget Bitcoin. I’ve put my money into these high-growth FTSE AIM 100 tech stocks

first_img Edward Sheldon owns shares in Boohoo, dotDigital Group and Keywords Studios. The Motley Fool UK has recommended boohoo group, dotDigital Group, and Keywords Studios. 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. Enter Your Email Address 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. Bitcoin has caught the attention of many investors in recent years. It’s not hard to see why. In 2017, the cryptocurrency jumped from under $1,000 to $20,000, making a lot of people wealthy. Looking ahead though, the prospects for Bitcoin look more uncertain. Not only do the chances of Bitcoin being adopted as a proper currency look slim, but regulators are now cracking down on cryptoassets in a big way.If you’re looking to make money from the financial markets and you’re not afraid to take on some risk, I’d suggest taking a look at small-cap stocks. This area of the stock market can be highly profitable if you pick the right stocks. For example, had you put £2,000 into Boohoo shares five years ago, that money would now be worth over £30,000. With that in mind, here’s a look at two small-cap stocks in the FTSE AIM 100 that I believe have big potential.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…Online shopping boomDotDigital Group (LSE: DOTD) is a fast-growing technology company that specialises in artificial intelligence-based digital marketing solutions. Its key offering is an advanced digital marketing platform called Engagement Cloud, which helps organisations connect with their customers. This platform is currently used by over 4,000 companies across more than 150 countries, including the likes of British Airways, Barbour, and Tottenham Hotspur.The reason I’m bullish on this FTSE AIM 100 company is that I expect it to benefit from one of the most powerful trends on the planet today – the growth of online shopping. Increasingly, we’re doing a lot more of our shopping online (particularly in the wake of the coronavirus) and this is a trend that looks set to continue in the years ahead. This means that retailers are going to need to get serious about online marketing. DotDigital, which offers solutions that enable companies to effortlessly produce online marketing campaigns, looks well placed to capitalise on this trend.Source: dotDigital DotDigital shares have been stubbornly stuck around the 100p mark for about two-and-a-half years now. In that time, however, revenue and profits have continued to expand (three-year revenue growth of 58%). I think it’s only a matter of time before the shares move higher. Trading on a forward-looking P/E ratio of about 25, I think the shares look attractive right now.A FTSE video gaming stockAnother FTSE small-cap stock I like right now is Keywords Studios (LSE: KWS). It provides support services to the global video game industry and works with some of the biggest names in the industry, including Activision Blizzard (Call of Duty) and Epic Games (Fortnite).The reason I’m bullish on Keywords is that video gaming is absolutely booming right now. In the UK, video gaming now accounts for more than half of the entertainment market. Meanwhile, globally, the video game industry now generates more revenue than the movie and music industries combined.Looking ahead, the video game industry is only going to get bigger. With games set to advance to the next level thanks to faster internet speeds and emerging technologies such as virtual reality, and e-sports set to continue increasing in popularity, the video game market looks set for powerful growth. Keywords should benefit.Keywords Studios is relatively expensive. Currently, the forward-looking P/E ratio is about 44 (dropping to 33 using FY21 earnings). This valuation adds some risk. However, I believe the risk/reward proposition here is favourable. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Edward Sheldon, CFA Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Sharescenter_img Forget Bitcoin. I’ve put my money into these high-growth FTSE AIM 100 tech stocks 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. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Edward Sheldon, CFA | Wednesday, 24th June, 2020 | More on: DOTD KWS Image source: Getty Images last_img read more

TCU soccer waits out rain delay, wins 2-0

first_imgTwitter Linkedin Tara Smith (16) looks on as Maddy Warren (20) fires a shot at goal against SMU on August 26, 2018. Photo by Jack Wallace. Nick Stephenshttps://www.tcu360.com/author/nick-stephens/ + posts High school hoops: FWCD falls, Paschal and Arlington Heights win nail-biters Nick Stephenshttps://www.tcu360.com/author/nick-stephens/ TCU rowing program strengthens after facing COVID-19 setbacks Nick Stephenshttps://www.tcu360.com/author/nick-stephens/ printTCU soccer maintained their undefeated record on the road Friday night, defeating Arkansas-Little Rock 2-0.The Horned Frogs got off to a quick start, taking the lead in the sixth minute. Defender Chaylyn Hubbard played in a cross to forward Maddy Warren, who headed it home for the first goal.Lightning struck in the 36th minute delaying the game by one hour.Tara Smith (16) looks on as Maddy Warren (20) fires a shot at goal against SMU on August 26, 2018. Photo by Jack Wallace.The score remained 1-0 until the 71st minute when Maddy Warren found some space outside the box and fired a long-range shot past the Arkansas-Little Rock goalkeeper.The match finished 2-0 as the Horned Frogs recorded their sixth win and sixth shutout of the year. TCU has only given up two goals all season, and both were in the draw against SMU.The team returns to action Thursday against Santa Clara, who is currently ranked 12th in the United Soccer Coaches national rankings. Kickoff is set for 9 p.m. High school hoops: Arlington Heights and Country Day lose, Paschal survives ReddIt High school hoops: Paschal and Arlington Heights win, struggles continue for Country Day Nick is a senior journalism student from Cleveland, Ohio. He covers the TCU soccer team for TCU 360. Nick is an honors student and is minoring in music. Another series win lands TCU Baseball in the top 5, earns Sikes conference award High school hoops: Paschal and FWCD fall, Arlington Heights wins road tilt Twitter Facebook Nick Stephenshttps://www.tcu360.com/author/nick-stephens/ Previous articleVolleyball defeats Montana State, wins Fight in the Fort tournamentNext articleHoroscope: September 10, 2018 Nick Stephens RELATED ARTICLESMORE FROM AUTHOR Linkedin Facebook Nick Stephens TCU baseball finds their biggest fan just by saying hello ReddItlast_img read more

Guest Opinion | Kristin Shrader-Frechette: Stop Toxic Housing in Pasadena

first_img Subscribe 62 recommended0 commentsShareShareTweetSharePin it Kristin Shrader-Frechette Photo courtesy: University of Notre DameAlthough for decades the former Naval Ordnance Testing Facility, Pasadena, did secret, classified development, testing, and manufacturing of weapons, including nuclear missiles, it has never been cleaned up. The sister facility of Jet Propulsion Labs, its toxins are up to a million times higher than allowed. They cause cancer, birth defects, and damage to the brain, kidneys, multiple other organs, and are especially harmful to children. California regulators called the site “an imminent and substantial” danger.Supported by nearly 2000 Pasadena residents, our local, all-volunteer, citizens’ group, Stop Toxic Housing in Pasadena, recently filed notice it would appeal a non-jury decision by a single judge. That decision allows developer Trammell Crow to build 550 apartments on the toxic site, without first performing full cleanup. Our group’s slogan and philosophy is “Affordable Housing Yes, Toxic Housing No.”The fundamental problem is that Trammell Crow is claiming to do full cleanup, but its own scientific documents show the opposite. For instance, in August 2019 Trammell Crow sent Pasadena residents a glossy brochure that claimed it would clean up the toxic site “to highest state standards.” Trammell Crow repeatedly made similar statements to the city; at the 4-15-19 Pasadena City Council meeting, Brad Cox of Trammell Crow again assured everyone that his company would complete a “thorough and safe cleanup of the existing soil contaminants.”Yet Trammell Crow’s own scientific documents show that because full cleanup “would be a costly and time-intensive process,” none of the roughly 35 site contaminants will be cleaned up to the highest state standard. For instance, Trammell Crow’s own approved documents allow it to leave carcinogens, solvents like trichloroethylene (TCE), onsite at 26,000 times higher than the state standard—the level needed to prevent cancer and birth defects.Similarly, DTSC (CA Department of Toxic Substances Control) scientists, reviewing Trammell Crow’s scientific documents, asked Trammell Crow for “evidence that” site carcinogens, “proposed to be left in place will not be a future threat.” Trammell Crow responded that providing such safety evidence “is outside the…obligations of Pasadena Gateway [the name of the Trammell Crow LLC developing the toxic site].”Instead of full cleanup, Trammell Crow convinced state regulators to allow it to employ permanent monitoring, land-use controls, electrically-run blowers, and a thin sheet of plastic under buildings, to try to keep cancer-causing gases from entering apartments. US EPA says the plastic doesn’t work. It gets punctured and is often installed improperly, and permanent monitoring is necessary to try to protect residents. Ongoing monitoring and land-use controls are required only at toxic sites that have not been cleaned up to meet government standards and that remain very dangerous.The fact that the state regulator, DTSC, is not protecting Pasadena residents is nothing new. Consumer Watchdog recently warned that “California has some of the toughest environmental-protection laws in the nation, but also some of the weakest enforcement.” Recall what recently happened in the Los Angeles Exide Battery case; thousands of low-income, minority children have permanent IQ deficits because, for decades, DTSC was not doing its job. After 10 years of mostly unsuccessful attempts to reform DTSC, the California Legislature’s Joint Oversight Committee said in 2019 that DTSC has “an inadequate and unresponsive regulatory program.”In response to Trammell Crow and DTSC, scores of leading physicians and biological/medical scientists—from Harvard, Johns Hopkins, MIT, Notre Dame, UCLA, UCSF, USC, etc—have examined the Pasadena scientific studies. They say the only way to protect public health is to “require full site testing and cleanup before any construction” on the Pasadena toxic site. stoptoxichousing.org/site/#scientistsPasadena’s toxic-site problem is fixable. However, Trammell Crow apparently doesn’t want to spend the money to fix it, although it’s the largest commercial developer in the US, with $65 billion in assets. Instead, the state regulator is allowing Trammell Crow to spend only $1 million for partial Pasadena cleanup. Given the price of nearby commercial properties, Trammell Crow appears to be buying the toxic site for up to an $85-million discount, a 70% discount, likely because of its contamination. Why isn’t Trammell Crow spending more of its apparent, $85-million savings on site cleanup that would protect our community?If Trammell Crow is so confident about the quality of its cleanup, why did it require DTSC to remove its liability for site toxins before pursuing the development? If Trammell Crow needs liability protection because of contamination, don’t site residents and the city need it too?Shrader-Frechette is an environmental scientist and biologist from the University of Notre Dame, currently a Pasadena resident, she has authored 18 books and 450 scientific articles, she has served on US EPA’s Science Advisory Board and many US National Academy of Sciences boards/committees. The governments of Australia, Canada, Congo, Germany, Netherlands, Norway, Sweden, and the US have repeatedly sought her assistance in dealing with their own hazardous-waste problems, and she has helped to clean up hazardous sites in each of these nations. The US National Science Foundation has funded her scientific research for 28 years, and she has won international/national awards for pro-bono work to protect poor/minority communities from pollution throughout the world. ([email protected] nd.edu, website https://www3.nd.edu/~kshrader/ More Cool Stuff Herbeauty11 Signs Your Perfectionism Has Gotten Out Of ControlHerbeautyHerbeautyHerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeautyA 74 Year Old Fitness Enthusiast Defies All Concept Of AgeHerbeautyHerbeautyHerbeauty10 Brutally Honest Reasons Why You’re Still SingleHerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeauty11 Ayurveda Heath Secrets From Ancient IndiaHerbeautyHerbeauty faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Community News Your email address will not be published. Required fields are marked * CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Business News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenacenter_img Opinion & Columnists Guest Opinion | Kristin Shrader-Frechette: Stop Toxic Housing in Pasadena By KRISTIN SHRADER-FRECHETTE Published on Wednesday, November 18, 2020 | 3:12 pm Name (required)  Mail (required) (not be published)  Website  Make a comment STAFF REPORT First Heatwave Expected Next Week Community News 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. STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Top of the News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDSlast_img read more

Nearly All Metro Areas See Home Price Appreciation in Q2

first_imgSubscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: home price appreciation Home Prices Housing Market NAR National Association of Realtors August 11, 2015 1,778 Views Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. Home / Daily Dose / Nearly All Metro Areas See Home Price Appreciation in Q2 Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home prices rose in almost all metro areas in the U.S. mostly due to the increase in home sales during Q2, according to the latest quarterly report by the National Association of Realtors (NAR).Despite low inventory levels, the median existing single-family home price increased in 93 percent of measured markets, with 163 out of 176 metropolitan statistical areas (MSAs) showing gains based on closings in the second quarter compared with the second quarter of 2014. Meanwhile, only 13 areas recorded lower median prices from the previous year.”Steady rent increases, the slow rise in mortgage rates, and stronger local job markets fueled demand throughout most of the country this spring,” said Lawrence Yun, NAR’s chief economist. “While this led to a boost in sales paces not seen since before the downturn, overall supply failed to keep up and pushed prices higher in a majority of metro areas.”According to the NAR, price gains were recorded in 85 percent of metro areas in the first quarter. In addition, 34 metro areas experienced double-digit increases in the second quarter, a decline from the 51 metro areas in the first quarter.”With home prices and rents continuing to rise and wages showing only modest growth, declining affordability remains a hurdle for renters considering homeownership—especially in higher-priced markets,” Yun said.On a national level, the median existing single-family home price in the second quarter was $229,400, an increase of 8.2 percent from the second quarter of 2014 when the price was $212,000. Year-over-year, the median price rose 7.1 percent in the first quarter.San Jose, California metro area topped the list of the most expensive housing markets, with a median existing single-family price of $980,000, followed by San Francisco, California ($841,600); Anaheim-Santa Ana, California ($685,700); Honolulu, Hawaii ($698,600); and San Diego, California ($547,800).There were 2.30 million existing homes available for sale at the end of the second quarter, slightly above the 2.29 million homes for sale at the end of the second quarter in 2014. NAR says the average supply during the second quarter was 5.1 months—down from 5.5 months a year ago.NAR also reported that the total number of existing-home sales, including single family and condo, increased 6.6 percent to a seasonally adjusted annual rate of 5.30 million in the second quarter from 4.97 million in the first quarter.”The ongoing rise in home values in recent years has greatly benefited homeowners by increasing their household wealth,” Yun said. “In the meantime, inequality is growing in America because the downward trend in the homeownership rate means these equity gains are going to fewer households.”Chris Polychron, NAR president and executive broker with 1st Choice Realty in Hot Springs, Arkansas noted that the Realtors are reporting strong competition and limited days on market for available homes—especially at the entry-level price range.”Buyers should work with their Realtor to deploy a negotiation strategy that helps their offer stand out,” Polychron said. “If a bidding war occurs, it’s important for the buyer to stay patient and only counteroffer up to what he or she can comfortably afford. It’s better to walk away and wait for the right home instead of being in a situation where one has purchased a home above their means.”Click here to view the National Association of Realtors full report.  in Daily Dose, Featured, Market Studies, News About Author: Xhevrije Westcenter_img Nearly All Metro Areas See Home Price Appreciation in Q2 Previous: Circuit Court Revives FDIC’s Securities Suit Against Deutsche, Goldman, and RBS Next: DS News Webcast: Wednesday 8/11/2015 The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago  Print This Post Share Save home price appreciation Home Prices Housing Market NAR National Association of Realtors 2015-08-11 Brian Honea The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Centre Notifies Act To Regulate Funds Received As Foreign Contributions [Read Notification]

first_imgNews UpdatesCentre Notifies Act To Regulate Funds Received As Foreign Contributions [Read Notification] Akshita Saxena28 Sep 2020 8:37 PMShare This – xThe Central Government on Monday notified the Foreign Contribution (Regulation) Amendment Act, 2020, to regulate the acceptance and utilisation of foreign contributions by individuals, associations and companies. It amends the Foreign Contribution (Regulation) Act, 2010 to prohibit acceptance and utilisation of foreign contribution or foreign hospitality for any activities detrimental…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Central Government on Monday notified the Foreign Contribution (Regulation) Amendment Act, 2020, to regulate the acceptance and utilisation of foreign contributions by individuals, associations and companies. It amends the Foreign Contribution (Regulation) Act, 2010 to prohibit acceptance and utilisation of foreign contribution or foreign hospitality for any activities detrimental to the national interest. The Act prohibits public servants from accepting any foreign contributions. This is in addition to the bar placed on election candidates, editor or publisher of a newspaper, judges, government servants, members of any legislature, and political parties, among others. Further, it prohibits the transfer of foreign contributions to any other person be it an individual, association, or a registered company. Thus, sub-granting of foreign funds has been prohibited. The Act also provides that any person seeking Government approval (mandatory for accepting foreign contributions) must provide the Aadhaar number of all its office bearers, directors or key functionaries, as an identification document. In case of a foreigner, they must provide a copy of the passport or the OCI card. Explained : Changes Brought To Foreign Contributions Regulation Act It reduces the cap for utilization of funds for administrative expenses from 50% to 20%. The Act was cleared by the Parliament on September 22, 2020. Notably, it was passed unopposed in the Rajya Sabha, as the Opposition Members had staged a walk out, in protest to passing of the Farmers’ Bills. To read more about the Act and the debate in Lok Sabha, Click Here. Click Here To Download Notification Read Notification Next Storylast_img read more