Best of the Brokers for 3 June 2015

first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe Wrap’Kevin Can F**k Himself’ TV Review: Annie Murphy Blows Up the Idea of aThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Best of the Brokers for 3 June 2015 Express KCS Tuesday 2 June 2015 8:45 pm Tags: NULL whatsapp To appear in Best of the Brokers, email your research to [email protected] Bank initiated coverage of Britvic at “hold” with a 750p price target. The broker said the same three drivers of the investment case in 2005 apply in 2015: a top line driven by innovation, strong cost management and some hope on international expansion.MARKS & SPENCERCharles Stanley downgraded M&S to “reduce” from “hold” and trimmed its target price from 584p to 582p, saying that investors may wish to take advantage of the share price strength to reduce exposure. It added that the stock has climbed around 50 per cent since October 2014. center_img Show Comments ▼ Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLivestlyThe Best Redhead Actresses, RankedLivestlyAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorTotal PastThis Was Found Hiding In An Oil Painting – Take A Closer LookTotal Past whatsapplast_img read more

News / FedEx still paying the price for its acquisition of ‘under-invested’ TNT

first_img Extra costs associated with the acquisition of the “severely under-invested” TNT hit FedEx’s third-quarter results, it announced today.Adjusted operating and net income both recorded significant declines.Chief financial officer Alan Graf said nine months after completing the TNT deal, FedEx learned it had acquired a “severely under-invested” business, particularly in regards to IT infrastructure.Despite an 18% year-on-year rise in revenue to $15bn, adjusted operating income dropped almost 3.5%, from $1.16bn to $1.12bn, with a 170 basis-point drop in operating margins. By Alexander Whiteman 22/03/2017 Non-adjusted, the operating margin stayed flat, compared with the previous year.Meanwhile, adjusted net income fell from $692m last year to $638m, a drop of 7% year-on-year, while non-adjusted figures revealed a 10% increase from $507m to $562.“Operating results were impacted by the significantly negative net impact of fuel and one fewer operating days at FedEx Express and FedEx Ground, as well as the network expansion of the latter,” said the company in a statement.“These factors were partially offset by benefits from yield growth at all the company’s transport segments.”During an earnings call, Mr Graf said while e-commerce continued to be the fastest-growing segment, it made up a tiny proportion of the company’s business compared with B2B, and it appears to have undertaken a strategy of rationalising its customer base.“We cannot afford the same capital intensity for peak e-commerce volumes, which is why we have been backing away from some customers and raising our prices significantly,” he continued.“This balancing act will continue for us, going forward.”The company said it expected more “significant” expenses over the next few years relating to the integration of TNT, and has forecast $300m for 2017 alone.Revenue at FedEx Express grew 4.3% from $6.5bn to $6.78 – still not enough to offset a $40m (7%) dip in non-adjusted operating income from $595m to $555m.The picture was starker at TNT Express. Revenue flatlined at $1.79bn but non-adjusted operating income plummeted 95% from $40m to $2m.FedEx’s Express segment associated $31m of this operating income decline to the integration process, with TNT Express aligning $22m of its $38m fall to the process.It said TNT Express had faced a further $16m cost in intangible asset amortisation.The picture was much the same at FedEx Ground, where higher rents and the costs of depreciation, increasing staff – the result of network expansion – and one fewer working day were blamed for dips.Revenue may have grown 6% year-on-year, from $4.41bn in fiscal 2016 to $4.69, but operating income fell 8%, down from $557m to $515m.And at FedEx Freight, operating income dropped 27%, from $56m to $41m, despite a 3% upturn in revenue to $1.49bn, again associated with increased staffing costs as well as IT expenses.It also noted that it was unable to forecast full-year 2017 market-to-market pension accounting adjustments and therefore could not give earnings guidance on a GAAP basis.This followed similar announcements from both UPS and Deutsche Post DHL.last_img read more

Watch: Can virtual reality really transform physical therapy?

first_img @hoganalex In the LabWatch: Can virtual reality really transform physical therapy? Senior Multimedia Producer Alex coordinates video production and STAT Brand Studio projects. Related: Using VR to transform physical therapyVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard ShortcutsEnabledDisabledPlay/PauseSPACEIncrease Volume↑Decrease Volume↓Seek Forward→Seek Backward←Captions On/OffcFullscreen/Exit FullscreenfMute/UnmutemSeek %0-9 facebook twitter Email Link EmbedCopiedLive00:0003:0903:09  Are skills learned in a virtual environment carried over into the real world? Danielle Levac is studying the link between virtual and physical rehabilitation at Northeastern University. Alex Hogan, Dom Smith/STAT By Alex Hogan Aug. 31, 2018 Reprints Researchers have long seen the potential of virtual reality in rehabilitating patients with movement disorders. But do treatments using VR have advantages over traditional physical therapy?Danielle Levac at Northeastern University’s ReGame laboratory is trying to answer that question.“What we don’t know enough of is when you learn a skill in a virtual environment, to what extent does that actually help you get better at that skill in real life?” she said.advertisement [email protected] Levac’s work focuses on children with cerebral palsy and other movement disorders, and to measure any success, she first must come up with a baseline. About the Author Reprints On a recent day, Levac was putting 9-year-old Mattea through a series of games developed by the lab to see how she might ordinarily expect a child to perform.advertisement Alex Hogan A daredevil researcher’s latest quest: to restore sight lost to glaucoma using virtual reality While VR won’t replace traditional physical therapy, Levac sees its promise.“I think that these games can provide a very useful adjunct that can potentially offer some extra benefits,” she said.last_img read more

Morningstar sustainability ratings now available to individual investors globally

first_img Fidelity Investments unveils new climate-focused fund suite Keywords Responsible investing Facebook LinkedIn Twitter FGP launches ex-energy equities fund Chicago-based Morningstar Inc.’s sustainability ratings for investment funds are now widely available to financial advisors, asset managers and other wealth management professionals that use the company’s tools for those in the financial services field. The announcement was made at the company’s annual European institutional conference in Amsterdam on Thursday. ESG interest on the rise, but so is fear of greenwashing The ratings, which evaluate investment products based on environmental, social and governance (ESG) factors, are also available to investors for free through Morningstar’s North American and European websites. Ratings cover approximately 21,000 mutual funds and exchange-traded funds. “We think the ratings will be most effective if they’re made widely available and placed in the hands of ultimate fund owners and advisors,” says Steven Smit, head of sustainability at Morningstar, in a statement also released Thursday. “For the first time, approximately 10 million investors will have access to an independent, standardized sustainability assessment to include in their investment decisions.” Morningstar calculates the rating based on the underlying fund holdings and ESG research from companies as well as ratings produced by Amsterdam-based Sustainalytics, an independent provider of ESG and corporate governance ratings and research. The ratings fall into one of five categories: low, below average, average, above average and high. “The Morningstar sustainability rating makes it easier for investors globally to incorporate sustainable investing best practices into their portfolios,” adds Jon Hale, head of sustainable investing research at Morningstar, in the announcement. “Using the rating, which is objective and based on a rigorous evaluation of a portfolio’s underlying holdings, investors can better assess the sustainability performance of companies held by a fund and compare funds with peers.” Related news Share this article and your comments with peers on social media Tessie Sanci last_img read more

U.S., Canadian stocks drove cross-border portfolio flows: StatsCan

first_img Share this article and your comments with peers on social media Led by Canadian investors snapping up U.S. stocks, foreign securities buying outpaced the offshore acquisitions of Canadian securities in February, Statistics Canada reports.Domestic investors added a total of $10.5-billion-worth of foreign securities in February, driven by $9.7 billion in U.S. equities. Household debt-to-income ratio fell in first quarter: Statscan Related news Financial stock exchange market display screen board on the street iStock The buying activity focused on shares of large-cap tech firms, and broad market index funds, StatsCan said.At the same time, foreign investors bought $8.5-billion-worth of Canadian securities in February, activity that was also driven by equities.“Foreign acquisitions of Canadian shares reached $9.5 billion in February, the largest investment in four years,” StatsCan said, noting that Canadian bank shares represented the bulk of the foreign buying.Foreign investors also added $10 billion of Canadian corporate debt in the month, but sold $11.2-billion-worth of federal government debt.Canadian investors bought $958 million in foreign debt securities in February, StatsCan noted, with that activity driven by U.S. corporate bond buying — somewhat offset by selling U.S. Treasury bills.On balance, the economy saw $2 billion in portfolio outflows during the month. Facebook LinkedIn Twitter Economy lost 68,000 jobs in May Keywords Economic indicators,  Investing,  Stock marketsCompanies Statistics Canada Leading indicators signal steady rebound: OECD James Langton last_img read more

Your Corner Wrench: Don’t be fuel-ish with fuel additives

first_img ‹ Previous Next › COMMENTSSHARE YOUR THOUGHTS One additive that fuel refiners have been putting in their recipes for a few years now is causing more than a few headaches, and that’s ethanol. You can read all the nasty things that ethanol can do to certain vehicles in many online articles, but suffice it to say, it’s a big reason fuel treatment additives are flying off the shelf. However, there are some misconceptions about the need to combat the drying and rust-creating effects of ethanol.RELATED We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. And finally, if you’re simply looking for something to clean carbon build-ups off of valves on direct-injected engines, pouring any additive in the tank is like pouring money down the drain; due to the placement and design of their injectors, the additive will never touch the valves. advertisement Of all the various chemical and lubricant additives on your auto parts store’s shelves, the one category that takes up the most real estate is fuel treatments. They promise better mileage, improved performance and smoother-running engines, along with cleaning pistons and valves of carbon deposits. But for just about anything on the road – with limited exceptions – none of these treatments are necessary to keep fuel injection and delivery systems (and engines themselves) working properly.Some notable exceptions are diesels that operate in extremely cold temperatures. With certain vehicle configurations – think cargo trucks with long exposed runs of fuel lines between the tank and the engine bay – even properly refinery-treated diesel fuel can gel or get too thick when exposed to sub-zero temperatures. There is a host of different fuel additive products designed to overcome this; most contain a combustion-power booster known as cetane, which is to diesel fuel as octane is to gasoline. When used in the proper concentrations, many of these additives can help to ensure reliable cold starts and operation. But if a little cetane additive is good, too much is definitely not better. Excessive concentrations of cetane can cause internal engine and fuel system damage, so it’s important to follow package instructions and know with some relative accuracy how much fuel is already in the tank before adding cetane. See More Videos Trending in Canadacenter_img The Rolls-Royce Boat Tail may be the most expensive new car ever Your Corner Wrench: Adding up the additivesIf one of your rides is a carbureted model – most likely a classic car of some sort – you needn’t lose too much sleep over tank additives to fight ethanol; just avoid putting it in the tank in the first place. Almost all owners of older vehicles know that sticking to high-octane gasoline is an effective way to avoid ethanol. This also goes for just about any small engine powering lawn mowers, chainsaws, weed-whackers and the like. Fuel stabilizer is a good idea for seasonal-use motors that are stored for prolonged periods of time, whether carbureted or fuel-injected.For newer, fuel-injected gasoline powered vehicles, low ethanol content fuel (less than 15 per cent) hasn’t been shown to cause any problems that fuel additives will cure. Generally speaking, if it’s fuel-injected, it’s safe to use low-ethanol fuel in it. For those vehicles with a “flex fuel” label, any ethanol content up to 85 per cent is fine, but don’t look too hard for gas stations selling this in Canada currently – there are only a handful across the country. Ethanol has not been shown to cause carbon build-ups on cylinder head valves or pistons, so nothing to clean here. Trending Videos RELATED TAGSSafety and MaintenanceMaintenanceNew VehiclesAutomotive TechnologyCanadaConsumer CyclicalsConsumer Products and ServicesGasoline StationsIndustriesInternal Combustion VehiclesRetail TradeScience and TechnologyTechnology PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | virtual panelPlayThese spy shots get us an early glimpse of some future models | Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Sometimes, you might think a tank of fresh fuel simply isn’t good enough. Turns out, fuel additives are often a waste of money. last_img read more

JIS Jamaica 50 Photo Album Wins International Award

first_imgPhoto: JIS PhotographerJIS CEO Donna-Marie Rowe peruses a copy of the JIS Golden Jubilee publication. Looking on are Minister of Youth and Culture, the Hon. Lisa Hanna, the Governor General’s wife, Lady Allen and Minister with Responsibility for Information, the Hon. Senator Sandrea Falconer. RelatedArchives Critical to Jamaica’s History RelatedJIS Jamaica 50 Photo Album Wins International Award RelatedNo Let Up in NHT Housing Provisions JIS Jamaica 50 Photo Album Wins International Award InformationMarch 30, 2013center_img JIS Jamaica 50 Photo Album Wins International AwardJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay FacebookTwitterWhatsAppEmail The Jamaica Information Service’s (JIS) commemorative Jamaica 50 photo album has won an international award in the prestigious Mercury Awards Competition, organized by New York-based firm, MerComm, Incorporated, in the United States.The publication, titled: “Our Golden Jubilee, Snapshots of Post Independent Jamaica 1962 – 2012”, was selected for the 2012/13 Bronze Award in the Photo Album category, eclipsing some 677 other publications, representing 21 countries, which were vying for one of the top three awards.Now in its 26th year, the International Mercury Awards Competition recognizes the best outputs in public relations, public affairs and corporate communications, by honouring the hard work of the creative professionals.Major categories for awards include: Advertising, Annual Reports, Brochures, Custom Publications, Designs, Emerging Media, Magazines, Special Projects, Websites and Writing.Chief Executive Officer of the JIS, Donna-Marie Rowe, who was pleasantly surprised on receiving notification of the Award, informed that the Golden Jubilee publication was the choice of some of the world’s leading communications specialists.The commemorative album has been endorsed by the Minister with responsibility for Information, Senator the Hon. Sandrea Falconer, who commended the JIS for its foresight and creativity in producing the publication, during its official launch in July 2012.In describing it as “timely and welcome”, Senator Falconer pointed out that “with this publication, Jamaicans at home and abroad and friends of Jamaica, have been provided with a unique opportunity to relive some of the special moments in the story of our glorious independence journey.”MerComm, Inc. is the world’s only independent awards organization dedicated to defining the standards of excellence in the communications field and recognizing the professionals whose work has made outstanding contributions to their organization, corporation, or clients.To view a list of all recipients of the award, see related link at:,under photo album.By Rodger Hutchinson, JIS Reporter Advertisementslast_img read more

Saunders one behind Knost at Finals opener

first_imgFORT WAYNE, Ind. – Colt Knost shot his third straight 5-under 67 on Saturday to take a one-stroke lead in the Hotel Fitness Championship, the first event in the Tour Finals. Knost, the 29-year-old former SMU player who won the 2007 U.S. Amateur, had three birdies and eagled the par-5 12th at Sycamore Hills to reach 15 under. He was fourth last week in the Portland Open to finish 34th on the Tour’s regular-season money list. Nos. 26-75 on money list and Nos. 126-200 in the PGA Tour’s FedEx Cup standings are fighting for 25 2014-15 PGA Tour cards based on earnings in the four-event series. A victory Sunday would guarantee Knost a PGA Tour card. ”That’s obviously my goal,” said Knost, a two-time winner on the Tour in 2008. ”We know how big the moment is.” The top 25 players on the money list earned PGA Tour cards last week. They are competing against each other for PGA Tour priority, with regular-season earnings counting in their totals and the final leader getting a spot in The Players Championship. Second-round leader Sam Saunders and England’s Greg Owen were a stroke back. Saunders, Arnold Palmer’s grandson, had a 70, and Owen shot 68. Saunders finished 45th on the money list, and Owen was 27th. ”If you ask anyone, they say I don’t have any (patience),” Owen said. ”You got to out here, there’s so many good players, every shot matters.” PGA Tour players John Peterson and Bud Cauley were 13 under. Peterson had a 64, and Cauley shot 67. Peterson was 179th in the FedEx Cup standings, and Cauley was 143rd. Knost hit a ”chip” 5-wood from 222 yards to 15 feet to set up the eagle, his second in two days on the 12th hole. ”I hit such a good shot in there,” Knost said. ”To get a three there was really nice.” He has played 29 consecutive holes without a bogey. ”I grinded well out there,” Knost said. ”I’m obviously happy with where I’m sitting.”last_img read more

Lee, Yang lead in Thailand as Nelly Korda gets within three

first_imgCHONBURI, Thailand – Two-time champion Amy Yang of South Korea and Australian Minjee Lee shared a two-shot lead on 15-under 201 after the third round of the Honda LPGA Thailand on Saturday. Yang, who won twice on this course in 2015 and 2017, made six birdies for a 6-under 66, and Lee also had six birdies – and one bogey – for 67, which included a stunning 30-foot downhill putt on the final hole at Siam Country Club Pattaya. ”It was really hot out there, probably a little more than yesterday, but the play was moving along so it was OK,” Lee said. ”I feel I played really solid. In the seven-week break, we worked on my technique and trying to get my swing a little faster. I’m not sure if that really worked – when I got out there today I just found a place I was comfortable and went with that.” Full-field scores from Honda LPGA Thailand The 29-year-old Yang, who has three LPGA titles said: ”I’m a little nervous to be in the lead and I might get nervous out there tomorrow, but I’m just going to be patient and do my best.” Two shots behind was second-round leader Jenny Shin (70). The South Korean finished strongly with a birdie immediately followed by an eagle on the par-5 18th. Nelly Korda shot 66 to sit three shots behind the lead at 12 under. She is tied for fourth with fellow American Austin Ernst (69) and first-round leader Ji Eun-Hee (70). ”I was hitting it really well,” Korda said. ”Made some solid putts. Made a long putt on [No.] 9 and then made a good up and down on 10. Kind of got the ball rolling on the back nine as well.”last_img read more

TUI pull Mallorca flight from City of Derry Airport

first_imgHomepage BannerNews WhatsApp Previous articleBrad Pitt rumored to be dating Charlize TheronNext articleOnly two sites in Letterkenny MD registered as ‘derelict’ News Highland Twitter By News Highland – January 21, 2019 Loganair’s new Derry – Liverpool air service takes off from CODA Twitter Nine til Noon Show – Listen back to Monday’s Programme Pinterest Facebook Arranmore progress and potential flagged as population grows Google+center_img DL Debate – 24/05/21 News, Sport and Obituaries on Monday May 24th Google+ It’s been confirmed that the TUI service from City of Derry Airport to Mallorca has been pulled. The company has stated that its due to weaker demand across the UK for summer holidays in 2019.The airport says that discussions are underway with a number of other carriers as there is still a strong demand for summer sun services within the area. Pinterest Facebook Important message for people attending LUH’s INR clinic RELATED ARTICLESMORE FROM AUTHOR TUI pull Mallorca flight from City of Derry Airport WhatsApplast_img read more