NEW YORK, N.Y. – Goldman Sachs Group Inc.’s chief financial officer is retiring, and his replacement is a longtime executive at the investment bank.David Viniar, 57, is stepping down after 32 years with Goldman, the last 12 as CFO. Harvey M. Schwartz, 48, will replace him at the end of January, the bank said TuesdayAfter Viniar leaves the post, he will join Goldman’s board as a non-independent director.Schwartz served most recently as the global co-head of Goldman’ securities division. He joined the firm as a vice-president in 1997, became a managing director in 1999, and was named partner in 2002.In his new role, Schwartz will have oversight of operations, technology and finance at the bank. He will also serve as co-head of the Firmwide Risk Committee.Schwartz “has deep experience in credit, liquidity, market and operational risk,” Goldman Sachs Chairman and CEO Lloyd C. Blankfein said. “Harvey’s risk management judgment and broad understanding of our business and our clients have defined his career, and will be the basis of his strengths as an effective CFO.”Viniar made “extraordinary contributions” to Goldman Sachs and “represents the very best of Goldman Sachs and its culture,” Blankfein said.The announcement was made after shares of Goldman slipped 2 cents to close at $119.88. The stock lost another 3 cents, to $119.85, in after-hours trading.Goldman, which is based in New York, said Viniar is the longest-serving chief financial officer of a major Wall Street financial institution.He joined Goldman in 1980 in the Investment Banking Division. He assumed responsibility for the firm’s financing activities in the Treasury Department in 1992 and for the Controllers Department in 1994. From 1998 until 1999, Viniar was deputy CFO.Before becoming global co-head of Goldman’s securities division, Schwartz was global head of the division’s sales operations. Before that, he was co-head of the Americas Financing Group within Goldman’s investment banking business, which centralizes financing-related advice, origination and execution for clients.With Viniar set to join the company’s board as a non-independent member, Goldman said it expects to appoint additional independent directors “in the near term.” Goldman Sachs CFO David Viniar to retire; Goldman veteran Harvey Schwartz named replacement by News Staff Posted Sep 18, 2012 5:02 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email
New ride sharing app to launch in Calgary A new ride share program in Calgary is looking for drivers.Ride Please is the latest endeavour from the company behind Keys Please.“The customer would be able to download the Ride Please App and book and track their vehicle. From start until end they will receive an estimated cost upon booking the service then at the end at the trip they will receive their receipt via email,” General Manager Ginger Greenwood said.Three information sessions are being held for interested drivers this week who can register here.Ride Please will launch September 8. by audreywhelan Posted Aug 16, 2016 7:48 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email (Stock photo: Pexels.com)
“I condemn the murder of Jacinto Hernández Torres,” Irina Bokova, Director-General of the UN Educational, Scientific and Cultural Organization (UNESCO), said in a statement. The body of Jay Torres, a contributor to La Estrella, a Fort Worth Spanish-language weekly, was found on Monday, 13 June in Garland, in the Dallas-Fort Worth metropolitan area. “I call on the authorities to investigate this killing and its motives so that those responsible for it be brought to trial,” Ms. Bokova said. The Director-General of UNESCO issues statements on the killing of media workers in line with resolution 29, on “Condemnation of Violence against Journalists,” which was adopted by UNESCO Member States at the General Conference of 1997.
Construction crews will be closing off the main (east) stairwell in Taro Hall on Monday, Oct. 31.The stairwell will be demolished in preparation for the Goodman School of Business’ new construction happening on the east side of the building.All floors in Taro will be accessible by the west stairwell and by elevator during this time.Temporary fire exits have been installed on the third and fourth levels on the south side of the building.This closure is part of the $22-million Goodman School of Business expansion project which will feature:79,000 square feet of new and renovated spaceSix new and nine refreshed classrooms with state-of-the-art technologyLarge two-storey engagement AtriumFive employer interview roomsBloomberg financial research labGraduate student study space, faculty research space and additional offices
Jonathan Walters: Despite often playing there for Stoke, he looked uncomfortable on the wing, but he still worked hard and contributed significantly to the defensive side of the game. 6James McClean: The one Irish player who demonstrated a constant willingness to take on players. He showed excellent energy down the wing and his discipline typified the Irish side’s maturity. 7 Robbie Keane: Another whose defensive contribution outweighed his effect in attack, despite looking sharp with the ball in the early stages of the game. 6Shane Long: Lead the attack manfully as ever, and did well to win the odd free-kick, though his influence on the game was minimal ultimately. 6Substitutes: None of the three players introduced had much time to make an impact, but Hoolahan looked especially bright in the short time he had on the field. 6Giovanni Trapattoni: Whatever your opinion of Trap is, there’s no denying his tactics proved effective tonight and the majority of his selections were justified. 7LIVE: Sweden v Ireland, World Cup qualifier>We can win in Dublin, insists Sweden boss Hamren> David Forde: Had one or two nervous moments early on, most notably when he came for a cross and missed it, but recovered well and made some decent saves to boot. 7Marc Wilson: Defended impressively and looked comfortable in possession for the most part, despite occasionally lumping it forward all too readily. 7Ciaran Clark: One dodgy clearance to set up Larsson aside, he gave a remarkably assured performance that belied his lack of experience at this level. 7 John O’Shea: Did what he had to do well – an excellent recovery from his error-laden performance against Germany. 7Seamus Coleman: Was lucky not to be punished after conceding possession to Ibrahimovic at one point, but apart from than one moment of uncertainty, his energy and commitment epitomised a gutsy Irish display. 7Paul Green: Gave the ball away cheaply at times, but made up for his occasional errors in possession by showing good positional sense and no shortage of effort without the ball. 7James McCarthy: Consistently showed intelligence and made good decisions on the ball, though his influence faded slightly as the game wore on. 7
What would be better than very low power chips that allow you to have hours and hours of battery life? How about chips that don’t even need a battery, instead generating their own solar power to run off indefinitely?That’s what researchers in the Semiconductor Components group at the University of Twente’s MESA+ Institute for Nanotechnology are working on. Working with Nankai University in China and Utrecht University, they plan to achieve it by adding photovoltaic cells directly to the top of microchips allowing them to function as a standalone unit without the need for an external power source like a battery.AdChoices广告The solar cells being used are manufactured from amorphous silicon or CIGS (copper indium gallium selenide) so they can be created separately from the chip and then added as layers on top. This cuts down on problems seen trying to manufacture both together.The good news is the solar-powered chips generate energy even when not in direct sunlight. The bad news is the energy generation is limited, meaning only chips that require less than 1 milliwatt can take advantage of it at the moment.Although limited, it does make for a viable solution when trying to install sensors in locations that have no access to a reliable power source. With this autonomous microsystem in place no power is ever required other than sunlight.Read more at the University of Twente and GizmagMatthew’s OpinionI think there would be a problem if the chips had to be placed in direct sunlight outside as ultimately electronics do not like extremes of heat. But that is not the case, and if you have a sensor drawing very low power this is going to be a highly desirable solution.As the solar cell is placed directly on the chip I can’t see this being an expensive process. Once setup for mass production I doubt there will be much difference in the pricing over normal sensor chips. It’s also going to be much cheaper than setting up a solar power solution from separate panels and wiring it together. You’ll be able to support a much more power hungry system, though.
Facebook Twitter: @NeosKosmos Instagram Greece’s two largest airlines, Olympic Air and rival Aegean, have announced that they have agreed to join forces in a bid to survive the country’s economic downturn and increased competition in the aviation industry.The main shareholders of Olympic Air, Marfin Investment Group (MIG), and Aegean, the Vassilakis group, have agreed on the merger to create an airline servicing 106 domestic and international routes, employing 5,850 staff members and operating a fleet of 64 planes. The new company will carry the Olympic Air name.“The prevailing conditions in the Greek economy as well as in the aviation sector dictate the combination of forces in order to maintain competitive customer prices, protect levels of employment and increase our competitiveness at a European level,” said Andreas Vgenopoulos, chairman of Olympic Air.The Vassilakis group and MIG will each hold an equal stake in the newly formed venture, the two companies said in a joint statement which did not provide any financial details.The two airlines surprised the market in mid-February when they announced that they were in talks to create a single company that will have annual sales in excess of 1 billion euros.Despite initial investor interest in the possible deal, shares in the two companies have under performed gains of 4.85 percent in the broader Athens market in the last seven days.Shares in MIG added 3.35 percent while stocks in Aegean Airline slipped 1.72 percent.Stocks in the newly formed venture will be listed on the Athens stock exchange.The agreement between the two airlines, which jointly control 95 percent of Greece’s air travel market, is subject to approval by European Union competition authorities.
Giovanni Mauri has worked with at least six Ballon d’Or winners but considers the Portuguese to be the bestGiovanni Mauri is one of the most experienced fitness coaches in the world of football.He has worked with at least six Ballon d’Or winners.He has also work in the biggest teams in the world: AC Milan, Chelsea, Paris Saint-Germain, Real Madrid and Bayern Munich.But to a coach that has seen the best footballers in the world, Cristiano Ronaldo is the best of them all.“Cristiano is a phenomenon and an elite level athlete,” Mauri told Tuttosport as reported by ESPN.Zidane reveals Sergio Ramos injury concern for Real Madrid Andrew Smyth – September 14, 2019 Zinedine Zidane has put Sergio Ramos’ availability for Real Madrid’s trip to Sevilla next weekend in doubt after withdrawing him against Levante.“He always trains to the best possible level because his way of working is comprised of three things: dedication, competitiveness and a positive attitude.”“To improve football you would need to bring every young player to watch his training sessions,” he said.“He does everything with a smile and not against his will, unlike certain kids even in youth ranks.”“We are talking about a world class player who, when we returned home at 2 a.m. from a Champions League away match would not jet off home in his car,” he explained.“No, he would stop at the training center for at least an hour for various recovery exercises and cryotherapy.”“As well as living a healthy life, he has a total dedication for physical recovery,” he said.
The U.S. soybean industry planted crops on 75 million acres in 2011, producing nearly 3.1 billion bushels and totaling $35.7 billion in value according to the latest issue of the American Soybean Association’s (ASA) Soy Stats®, released last week.The annual publication, now in its 19th year, is a comprehensive resource for statistical information about the U.S. soybean industry and its relationship to world oilseed production. Soy Stats is available at www.SoyStats.com.According to the publication, which comprises data from the U.S. Department of Agriculture, ASA, and the United Soybean Board, soybeans represented 56 percent of world oilseed production in 2011, 33 percent of which was produced in the United States. Additionally, the U.S. exported almost 1.3 billion bushels, accounting for 37 percent of the world’s soybean trade.In terms of exports, U.S. soybean and soy product exports exceeded $21.5 billion in 2011, nearly half of which—$10.4 billion—went to China. Canada was the largest customer for U.S. soybean meal at $375 million, while Morocco was the largest customer for U.S. soybean oil with purchases of $336 million.Domestically, soybeans provided 66 percent of the edible consumption of fats and oils. Domestic crushers accounted for 1.6 billion bushels, with U.S. ending stocks of soybeans at 275 million bushels.Major funding for the 2012 edition of Soy Stats was provided by the United Soybean Board, with additional financial support from the Illinois Soybean Association, Iowa Soybean Association, Indiana Soybean Alliance, South Dakota Soybean Research & Promotion Council, North Dakota Soybean Council, Maryland Soybean Board, U.S. Soybean Export Council, Kentucky Soybean Board, Ohio Soybean Council, Minnesota Soybean Research and Promotion Council, Tennessee Soybean Promotion Council, North Carolina Soybean Producers Association, Kansas Soybean Commission, and Oklahoma Soybean Board.
A flipped minivan blocked two lanes of East Mill Plain Boulevard in downtown Vancouver on Tuesday morning, but no one was injured.A crash was reported just after 6:30 a.m. at Mill Plain and C Street, according to emergency dispatch logs. The crash appeared to be between the minivan and a white sedan.Vancouver police were on scene about 7 a.m. directing traffic around the crash as tow truck crews worked to right the van.Call notes said AMR ambulances weren’t needed, said Kim Kapp, Vancouver police spokeswoman. She said police requested two tow trucks and a street sweeper to clean debris.Vancouver police Officer Missy Skeeter declined to release the name of the driver. Alcohol did not appear to be involved, Skeeter said.
John Parsi is an Anchorage attorney and immgrated to the United States at a young age from Iran. (Photo by Wesley Early/ Alaska Public Media)Iraq’s neighbor Iran is on President Donald Trump’s recent travel ban list. John Parsi is of Iranian descent and is an Anchorage attorney. He was born in London during the Islamic revolution in Iran. Parsi’s father was a translator for the British and U.S. governments. He said they were forced to move back to Iran when he was three years old. He has a memory of a neighbor’s home in Tehran being bombed. He said he ran outside and the house was gone. He says his family were Zoroastrian, a small religious group that was not treated well after the revolution. His family eventually was granted asylum in the U.S and moved to Arizona in 1985. His parents still live there. Parsi said he’s getting married in the fall and worries his Iranian relatives may not be able to attend the Alaska wedding.Listen nowPARSI: I have one cousin who has fled Iran, again for religious persecution reasons. She’s Zoroastrian and was able to make it to Austria, while there is a U.S. agency that assists people who are religious minorities, Bahia, Jewish, Zoroastrian and Christian who are escaping Iran for religious persecution purposes. They work hand in hand with the U.S. Government to get those people, generally to Austria but to Europe and then from Europe to the United States. So her status, her ability to come to the United States, obviously in limbo, restricted for the next 90 days but in limbo for an unknown amount of time.TOWNSEND: In the order, President Trump said that persecuted religious minorities would be given priority. He mentioned Christians, but do you think there may be a pathway for your cousin who is in this limbo status right now and the fact that your family comes from a small religious minority, Zoroastrian.PARSI: I’m not sure, because the discussion so far has primarily been about Christians from those areas, but that part of the ban or the provisions within the ban that permit people who are members of religious minority groups, the only one that I’m aware of that has been identified are Christians, hasn’t really gone into effect, so we don’t know what the impact will be there. Which religious faith will be selected as being permitted to enter or not enter or what that process will look like.TOWNSEND: Do you think there is any merit to the concerns of the side that says, “Look we have to make sure the Uited States stays safe. So we’re going to do this, even if it’s a little jumbled and confusing for people. This is of national security interest.” Do you think there’s merit in that?PARSI: Yes. I think there’s merit to say that there are security issues and we should be concerned about national security. 100 percent. But I think where I would disagree with that is that I don’t think that a hasty decision, made in this manner, being selective of countries. The kind of way this plan was implemented does very little in my mind to produce that security but instead creates confusion. But I certainly think there are plenty of people who believe that this policy will provide security and that motivations of security are perfectly fine, I just don’t think that this policy, the way that it was implemented, that those things are going to have that desired outcome.
Bollywood heartthrob Salman Khan and young star Harshali Malhotra, who featured together in the latest blockbuster Bajrangi Bhaijaan fly high up over the skies in Old Delhi. Not
The number of people with serious Yoga-related injuries are on the rise, according to an Australian study that warns people to practice yogic poses with caution. Researchers from Central Queensland University in Australia analysed all yoga injuries presented at emergency departments between 2009 and 2016 in Victoria.They found that Yoga-related injuries that were serious enough to land people in local emergency department rose by almost 80 per cent during that time and ranged mainly from knee injuries, shoulder dislocations to head and neck injuries. Also Read – Add new books to your shelf”I think people know the correct technique, but they might be pushing themselves too early, especially if you look into the influencers on social media,” said Betul Sekendiz of Central Queensland University.”There is a high focus on pictures to attract likes, so people may be pushing themselves without enough preparation or warm up to get into those poses just for the sake of a picture,” said Sekendiz.”I think on social media, the most frequent pose we see females performing is the headstand,” he said. The study found 66 recorded cases of yoga injuries and almost 10 per cent of those injuries were serious enough for the person to be admitted to hospital for further treatment. “I am not saying we should stop doing yoga, but we need to look into what’s going wrong here,” Sekendiz said. Also Read – Over 2 hours screen time daily will make your kids impulsiveAn article published in The New York Times investigating the prevalence of yoga-related injuries found that several factors seem to be related to the rising number of pulls, tears and sprains prevalent among yogis. A major contributing factor is a shift in both those who teach and practice yoga. More than ever before, adults who are mostly otherwise sedentary and unfamiliar with the practice are turning to yoga to improve flexibility and strength. While this can be helpful in many instances when students are properly guided, a tight, inactive or aging body mixed with a vigorous practice or an experienced teacher can also sometimes serve as a recipe for disaster. “As with any other form of physical practice, yoga should be practiced carefully under the guidance of a qualified instructor in order to reduce risk. If you’ve been injured in the past, or have been mostly sedentary, consider skipping some of the riskiest poses all together”, suggests draxe.com.Five ways to avoid injuries1. Gently stretch tight areasStretching (and similar dynamic movements like calisthenics) should always be done mindfully, gently and slowing. Take your time loosening tight areas — such as the hips, calves or hamstring — being careful not to move too quickly into any poses. Try to warm the body up before any vigorous practice with some dynamic stretching, since this helps to loosen muscles that might be prone to pulls. It’s okay to feel mild to moderate resistance while stretching or bending, but be careful not to push past your limits.2. Reduce muscular compensations through regular strength-trainingIn addition to doing yoga, resistance-training and “functional exercise” can help reduce compensations by building strength in weak areas. Focus on regularly doing cardiovascular and full-body resistance exercises several times per week based on your physical abilities. 3. Practice yoga cautiously (Especially if you’re a beginner)You should always practice yoga with a trained and qualified teacher, but still be careful to listen to your body during practice. Don’t assume that any teacher knows exactly how to modify postures to suit your specific needs, and don’t assume that you should be able to bend or move in ways that other students can.4. Consider sticking to gentler stylesIf you’re susceptible to dizziness, muscle cramps or the effects of heat and dehydration, keep in mind that hot yoga (Bikram) might not be the best match for you. Try to ease your way into any yoga practice by attending basic/beginner classes or workshops, or even trying restorative/yin yoga at first which move at a slower pace.5. Use props for supportProps including yoga blocks, straps, blankets or even a wall or chair can really come in handy. These are especially useful for yoga newbies, the elderly or those recovering from injuries.
Advertisement A massive Week 1 slate of College Football kicks off this weekend. Which teams are making a move from last year? Who’s falling off? Who’s gonna be left standing in the Final Four at the end of the season?Colin has released his Preseason Top 10 college football rankings. The rankings reflect how the teams will finish at the end of the season. The central factors he took into account for evaluating teams were:Quarterback playOffensive and defensive line playReturning starters, andSchedulesHere’s Colin’s College Football Top 10: 10. Utah – The easiest schedule in the Pac-12 paves the way to a conference title for the Utes. They get all three of their toughest games – USC, Washington and Oregon – at home. With 5 returning Junior and Senior starters on the O-line and 8 starters on Defense, Kyle Wittingham and the Utes are legit.9. LSU – The Tigers, as always, are loaded with defensive talent and will feature a dominant rushing attack led by Heisman Contender Leonard Fournette. Brandon Harris is the latest in a long line of average LSU quarterbacks and isn’t a difference maker. It’ll be a Top 10 type year in Baton Rouge, but not good enough to compete for the SEC Championship.8. Iowa – The Hawkeyes have the $1 trillion dollar bill of schedules. A fraud. They’ll be favored in every game, except for Michigan, who they face at home. Quarterback C.J. Beathard, who Colin describes as, “a more talented Conor Cook”, should manage to navigate the weak schedule. With seven returning defensive starters, including arguably the best defensive player in the conference in cornerback Desmond King, Iowa should march to the B1G Ten Championship game.7. Florida State – The ‘Noles have a tough schedule by ACC standards, including road tests at Louisville and Miami. They should lose to Clemson at home. Heisman contender Dalvin Cook will have a monster season and help cover up average quarterback play. It’s not hard to find multiple losses in the schedule for the second best team in the ACC. It’ll be a good year in Tallahassee, but not a great one.6. Ohio State – The Buckeyes are loaded with unproven talent after everyone but the equipment guy left for the NFL Draft. The opener at Oklahoma looks like a loss. They also face Wisconsin and Michigan State on the road and a revenge minded Michigan. JT Barrett is free of the Cardale Jones quarterback drama and should should have a big year. The Buckeyes will be trending up as the season ends, but still finish outside of the Final Four.5. Alabama – The Tide will be solid, but won’t roll back to their third consecutive Final Four. They open against USC, and get Tennessee, Ole Miss and LSU on the road. Nick Saban will have his work cut out with the loss of Heisman Trophy winner Derrick Henry and key defensive contributors. Only in Tuscaloosa is a top five finish a sign of the rapture. The rapture is here.4. Tennessee- The Vols escaped their opener against giant killer Appalachian State. If they can right the ship, their schedule is easy early and easy late, and they’ll face their toughest test, Alabama, in Knoxville. After several solid recruiting classes, Butch Jones finally breaks through the post Phillip Fulmer fog. Legit dual threat QB Josh Dobbs should continue to improve and help Tennesse sneak into the Final Four. The stars are aligned for Rocky Top, which reminds Colin of Auburn title team.3. Oklahoma – Tough opener at home against Ohio State, but a win will cement them in the top four as they should cruise through a weak Big 12, made weaker yet because Baylor is no longer a viable contender. Star quarterback Baker Mayfield (36 TD’s 7 Int last season) and 13 returning starters will put “Big Game Bob” back in the title picture.2. Michigan – Harbaugh rules. Way ahead of schedule in Ann Arbor. The best O-line and D-line combo in the conference. The Wolverines return six offensive and seven defensive starters. They have tough, but winnable, road games at Michigan State, at Iowa and at Ohio State. The Wolverines will start untested QB John O’ Korn, but Harbaugh already showed he’s a quarterback whisperer with Jake Rudock. See you at The Shoe.1. Clemson – Deshaun Watson is the best quarterback in college football, period. The #1 pick in next year’s NFL draft and seven returning offfensive starters should demolish a weak ACC schedule and march to a national championship. The Tigers toughest test is at Florida State, which should still be a comfortable W. They lost significant defensive contributors to the NFL, but they don’t face elite QB’s and are more than equipped in the event of a shootout..@ColinCowherd reveals his preseason postseason Top 10 college football predictions. #HerdHerehttps://t.co/OgtZnn4P9n— Herd w/Colin Cowherd (@TheHerd) August 2, 2016
Agents & Brokers Attorneys & Title Companies Ben S. Bernanke Federal Reserve Investors Janet Yellen Lenders & Servicers Politics Senate Banking Committee Service Providers 2014-01-06 Tory Barringer January 6, 2014 442 Views Share Fed,Yellen Confirmed as Fed Chair as Senate Returns in Government The “”United States Senate””:http://www.senate.gov/index.htm voted Monday to confirm Janet Yellen as chair of the “”Federal Reserve””:http://www.federalreserve.gov/ following Ben Bernanke’s departure at the end of January. She will be the first woman to take the job in the Fed’s history.[IMAGE]According to “”reports””:http://www.washingtonpost.com/business/economy/janet-yellen-confirmed-as-next-fed-chief/2014/01/06/14b38582-76f2-11e3-8963-b4b654bcc9b2_story.html, Yellen’s nomination passed in a vote of 56-26.Like her predecessor, Yellen seems to favor the strategy of keeping monetary policies loose as the economy works to get back on its feet–a position her opponents have criticized.[COLUMN_BREAK]””I have deep concerns about the long-term effects of pursuing [current] policies,”” said “”Sen. Chuck Grassley””:http://www.grassley.senate.gov/news/Article.cfm?customel_dataPageID_1502=47926 (R-Iowa) in a statement released Monday. “”Historical evidence suggests that failing to rein in easy money policies on a timely basis risks fueling an economic bubble or even hyperinflation.””Grassley added that while the Fed’s recent strategy has benefited the stock market, the rest of the country has yet to see major improvements, noting that “”the Fed has a dismal record at being able to produce sustainable job creation through expansionary monetary policy.””Still, she’s not without her supporters. Speaking at her “”nomination hearing””:http://www.banking.senate.gov/public/index.cfm?FuseAction=Newsroom.PressReleases&ContentRecord_id=57be8f3b-b898-e474-6dc4-9f896f4d6676 before the Senate Banking Committee in November, Sen. Tim Johnson (D-South Dakota) pointed to her “”extensive and impressive career in public service and academia”” as proof of her qualifications.””We need [Yellen’s] expertise at the helm of the Fed as our nation continues to recover from the Great Recession, completes Wall Street Reform rulemakings, and continues to enhance the stability of our financial sector,”” he said at the time. “”I am excited to cast my vote to confirm her as the first woman to serve as Chair of the Federal Reserve.””
November 3, 2016 572 Views Fannie Mae Takes Earnings Report as Positive Earnings Fannie Mae Profits 2016-11-03 ScottMorgan1 Share Fannie Mae reported net income of $3.2 billion, comprehensive income of $3 billion, and a positive net worth of $4.2 billion for the third quarter. That means that Fannie Mae expects to pay the U.S. Department of Treasury a $3 billion dividend in December.Net revenues were up for the GSE. In Q3 net revenues were $5.6 billion. In Q2, they were $5.5 billion. Similarly, net interest income rose from $5.3 billion to $5.4 billion for the third quarter.Fannie Mae’s Q3 net income of $3.2 billion was an increase from Q2’s net income of $2.9 billion and from Q3 2015’s net income of $2.2 billion. Overall, Fannie Mae took the report as positive news, which it has not often been able to do in recent years.“Today’s results reflect the strength of our business and our commitment to delivering innovations that make the mortgage process better for lenders,” said Timothy Mayopoulos, president and chief executive officer of Fannie Mae. “We have partnered with lenders to develop new solutions that meet their most important needs. We will continue to innovate so that we can help customers create a faster, safer, and, ultimately, fully digitized mortgage experience for borrowers.”Net fair value losses were down. In Q3 they were $491 million, compared with $1.7 billion in Q2. Fannie Mae attributed the Q3 losses mainly to losses on Connecticut Avenue Securities debt.Credit-related income was also down in Q3. Fannie Mae reported $563 million in credit-related income in the third quarter, compared with $1.5 billion in Q2. Fannie Mae attributed this to an increase in home prices, including distressed property valuations.Single-family net income was $1.9 billion in Q3, driven primarily by guaranty fee income and credit-related income. This was also a drop. In Q2, the total was $2.7 billion. Single-family guaranty fee income remained at $3.3 billion for Q3.Fannie Mae’s solid Q3 report came two days after Freddie Mac announced a net income of $2.3 billion for Q3, more than double its Q2 net income of $993 million.Click here to view Fannie Mae’s complete Q3 earnings report. in Daily Dose, Headlines, News, Secondary Market
Hong KongVirgin Australia Virgin Australia will commence services between Melbourne and Hong Kong from 5 July, expanding its international footprint into Greater China for the first time. Flights are on sale from today.The airline will operate five return services per week between the two cities, using dual aisle Airbus A330-200 aircraft. VA’s proposed alliance with HNA Aviation and Hong Kong Airlines will enable customers to connect through Hong Kong to 13 destinations in mainland China. It will also allow guests from Hainan Airlines, Hong Kong Airlines, Capital Airlines and Tianjin Airlines to connect onto Virgin Australia’s domestic and trans-Tasman network. The announcement follows the ACCC’s interim approval of Virgin Australia’s proposed alliance with HNA Aviation, Hong Kong Airlines and HK Express. The Virgin Australia flights are on sale subject to obtaining final regulatory approval from the ACCC.“Virgin Australia’s entry into Hong Kong and Greater China is a key pillar of our international strategy, allowing us to tap into Australia’s fastest growing and most valuable inbound travel market,” said group CEO John Borghetti.Velocity Frequent Flyer members will be able to earn Velocity Points and Status Credits on these flights, while details of reciprocal frequent flyer benefits and lounge access will be announced at a later date together with codeshare arrangements.
Roy Acuff’s fiddle donated at KC Goodwill, up for auction by The Associated Press Posted Jan 4, 2018 7:27 am PDT Last Updated Jan 4, 2018 at 8:00 am PDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email KANSAS CITY, Mo. – A fiddle that Goodwill believes was once owned by country music legend Roy Acuff is expected to generate thousands of dollars for the charitable organization in the Kansas City area.The Kansas City Star reports that the fiddle was donated anonymously to Goodwill of Western Missouri and Eastern Kansas and is being sold in an online auction at shopgoodwill.com. As of Thursday morning the high bid was $7,780. The auction is open until 11 p.m. Central time Saturday.Acuff died in 1992 at age 89. He was the first living inductee into the Country Music Hall of Fame, best known for hits such as “Wabash Cannonball and “Tennessee Waltz.”The fiddle was made by Evart Acuff, Roy Acuff’s uncle, in August 1945 in Maryville, Tennessee. It isn’t clear why it was donated to a Kansas City Goodwill store.“We recognized right away that it was something special and we now have it up for auction,” Raines said. “We have no information on the owner. They just donated it and moved on.”The fiddle, made of apple wood apparently from a tree on a family farm, is now in the possession of Gary Raines, who runs Goodwill’s e-commerce program in Kansas City. He said he was confident the fiddle was Acuff’s, even though the certificate of authenticity and other paperwork are copies. The report didn’t explain how Raines reached that conclusion.Acuff, a native of Maynardville, Tennessee, first became famous as the singer and fiddler for the Crazy Tennesseans, later called the Smoky Mountain Boys. Their hits also included “Wreck on the Highway,” ”Pins and Needles” and “Night Train to Memphis.”Acuff performed regularly at the Grand Ole Opry and starred in the 1940 film “Grand Ole Opry.” In 1942, he and Fred Rose formed Acuff-Rose Music, which became a powerful country music publishing firm.___Information from: The Kansas City Star, http://www.kcstar.com
Police were on Sunday investigating an explosion in the early hours outside the offices of a company in Nicosia, they said.A statement said police received a call at around 1.30am. The company is owned by a 58-year-old.At the scene, police said the explosion had caused extensive damage to the entrance of the offices.A second explosive device was found on the rear wheel of a car belonging to an 83-year-old which was parked in a residential spot next to the targeted company.The explosive device was neutralised before it went off, police said.You May LikeCalifornia Earthquake AuthorityReassurance for your refugeCalifornia Earthquake AuthorityUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndo Concern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’Undoby Taboolaby Taboola
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