by Ross Marowits, The Canadian Press Posted Dec 20, 2012 5:39 pm MDT Primaris Retail REIT said Thursday it is in contact with potential buyers in Canada and elsewhere who may be interested in topping a $4.4-billion hostile takeover offer by a consortium led by KingSett Capital.Chief executive John Morrison urged unitholders to reject what he called KingSett’s “opportunistic” bid because it “undervalues” the shopping centre real estate trust.“This is not the end of the story,” he said in an interview from Toronto.Morrison said financial advisers Canaccord Genuity Corp. and Evercore Partners have reached out to many potential bidders and are also receiving inquiries.“It’s not just them reaching out, there’s companies that are expressing interest as well.”In its proxy circular responding to KingSett, the Toronto-based REIT said its board unanimously rejected the offer because of its low price, which doesn’t provide an appropriate change of control premium.The price of Primaris (TSX:RMZ.UN) units has surged more than 16 per cent since the offer was announced Dec. 5, and is trading above the $26 per unit bid price. The units gained nine cents to close at $26.79 in Thursday trading on the Toronto Stock Exchange.Morrison said that reflects the market’s belief that the company, which has a large portfolio of shopping centres from coast to coast in Canada, is worth more than what has been offered by KingSett and its consortium, which includes the Ontario Pension Board.The proposed offer, if successful, would also see RioCan Real Estate Investment Trust (TSX:REI.UN) buy five regional malls and three other shopping centres currently owned by Primaris for $1.1 billion.Not only does KingSett’s bid not take into account the strategic value of the assets, he said it doesn’t reflect any upside from potential acquisitions and development growth.“This offer really fails to compensate the unitholders for the underlying value of all the assets. This is a big shopping centre portfolio from coast to coast.”While he wouldn’t say how much higher an acceptable bid would be, Morrison believes Primaris can attract a more financially attractive price.Primaris said the offer is designed to take advantage of the holidays when other potential parties could face challenges in organizing an alternative bid, and isn’t permitted under the Primaris unitholder rights plan.He said the trust has heard from large unitholders which are unhappy with the hostile bid and don’t want to see the company disappear. He urged all unitholders to read its proxy circular and consult the website launched at www.primarisrealvalue.comFinancial adviser Canaccord Genuity said the bid price was “inadequate” from a financial point of view to Primaris investors, other than those making the offer and its affiliates.KingSett’s offer expires Jan. 17. Primaris expects the deadline will be extended because its unitholder rights plan prevents KingSett from purchasing any units under its offer until the independent committee has completed its discussions with third parties and its canvass of possible alternatives.The plan also gives Primaris 60 days to find an alternative bidder.Morrison hopes that’s enough time to strike a more attractive deal.Primaris owns 35 properties comprising 1.3 million square metres (14.7 million square feet) of space in Canada. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Primaris talking to potential suitors in Canada and abroad to beat KingSett bid
OSU sophomore defender Austin Bergstrom pushes the ball up the pitch during a game against Akron Sept. 24 at Jesse Owens Memorial Stadium. OSU lost 3-1.Credit: Ben Jackson / For The LanternComing off two wins against ranked teams, the Ohio State men’s soccer team’s focus was to not fall into a trap against a supposedly weaker squad.“If your aspirations are to go farther and compete maybe for a Big Ten championship or hopefully gain an NCAA Tournament bid, if you believe you can do that, you cannot let down against a team like Oakland,” OSU coach John Bluem said Monday.Unfortunately for the Buckeyes, a let down is exactly what happened.OSU (4-4-3, 2-1-0) fell to Oakland (3-5-1) in Rochester, Mich., by a final score of 1-0 Wednesday evening.The Grizzlies struck in the first half when senior forward Joey Tinnion received a pass off a misplay by OSU and put it past OSU redshirt-senior goalkeeper Alex Ivanov for the game’s lone score. The goal was Tinnion’s second of the season.The Buckeyes had their chances throughout the game, but were unable to get anything on the board.OSU took 12 shots, but only two of those were shot on goal. Overall, Oakland outshot OSU, 13-12, including a 4-2 advantage in shots on the mark.OSU’s slow day on offense came days after a six-shot-on-target, three-goal game against Michigan State last Saturday.Oakland has now won three straight games after beginning the season with five consecutive losses and a draw.The loss was the first for the Buckeyes against the Grizzlies in 14 all-time meetings. OSU was previously 11-0-2 in the series, including a 4-0 victory in Columbus last season.Before the game, OSU had found itself at No. 13 in the NCAA RPI rankings on top of receiving four votes in the coaches poll coming off its two wins against ranked opponents.The Buckeyes’ next shot to get back to their winning ways is set to come at home when they host No. 10 Indiana on Sunday. That game is scheduled to kick off at 2 p.m. at Jesse Owens Memorial Stadium.
UN Secretary-General Ban Ki-moon stressed that considerable progress has been achieved in the Cyprus UN peace talks in his report to the Security Council.Ban recommended to the Council to extend the mandate of the United Nations Peacekeeping Forces in Cyprus mission for six months, until 15 June 2010 and added that the two sides have not yet considered in depth the role which the UN would be expected to play in support of a settlement.On the UN-led direct talks for a Cyprus solution, Ban Ki-moon points out that “although considerable progress has been achieved in the Cyprus talks, the two sides have not yet considered in depth the role which the UN would be expected to play in support of a settlement”.’In addition, he says it is “too early to be able to identify with sufficient confidence the parameters of the UN involvement in the context of a possible solution. At the same time”, he adds, “UNFICYP has initiated preparatory activities, based on a range of possible outcomes and scenarios, in the framework of contingency planning as requested by the Council. For the time being, such planning will continue to proceed in a flexible manner and be guided by the evolution in the talks and the views of the parties on the role they would like the UN to play in the implementation of an agreement”.Ban underlines that “it is my firm belief that UNFICYP continues to play a vital and unique role on the island, including in support of my good offices mission” and recommends to the Security Council to extend the mandate of the mission for six months, until 15 June 2010.The report notes that both communities continued to rely on UNFICYP’s civilian assistance, which ranges from humanitarian and economic matters to a variety of bicommunal issues affecting the lives of Cypriots.It commends both sides for reaching an agreement on opening the Limnitis crossing and calls for urgent implementation of stage two of the restoration at the Ledra Street crossing. Facebook Twitter: @NeosKosmos Instagram
Hadopi dévoile le contenu de son premier mail d’avertissement France – L’Hadopi (Haute autorité pour la diffusion des œuvres et la protection des droits sur Internet) a dévoilé à la presse le contenu exact du premier mail d’avertissement que recevront les internautes soupçonnés de téléchargement illégal. Un moyen de réduire les escroqueries que ne manquera certainement pas d’inspirer la Haute Autorité.Mardi prochain, les responsables de l’Hadopi donneront une conférence de presse pour évoquer les avancées de la riposte graduée mise en place pour tenter de lutter contre le téléchargement d’œuvres protégées par des droits d’auteurs. En attendant, ils ont dévoilé le contenu du premier mail d’avertissement que recevront très prochainement les internautes.Dans ce message, la haute autorité reproche à son destinataire “un manquement à (son) obligation de surveillance”. Les internautes concernés liront le texte suivant, contenant adresse IP, numéro de dossier et leurs coordonnées précises : “Des agents assermentés ont constaté que le XXXX, une ou plusieurs œuvres protégées étaient reproduites, consultées ou offertes en partage depuis l’accès à Internet correspondant à l’adresse IP n°XXXXX. Cette adresse avait été attribuée à ce moment par la société XXXX, votre fournisseur d’accès à Internet à : (adresse du FAI)”.Ces détailsréduisent les risques d’attaques de type phishing, qui consistent en l’envoi de masse de faux e-mails, ne mentionnant donc pas d’informations précises. Hadopi indique par ailleurs que les mails d’avertissement et de recommandation ne comportent aucun lien cliquable, ne proposent aucun achat de logiciel, ni souscription à un quelconque service. L’Hadopi ne réclame pas non plus d’argent.À lire aussiHadopi : le budget revu à la baisse ?Le mail de deux pages se contente de recommander à l’internaute concerné de prendre “dans les meilleurs délais, toute mesure de façon effective, pour mettre en place un ou plusieurs moyens de sécurisation”. Et le mail de conclure : “En cas de nouveaux manquements à votre obligation de surveillance, une contravention de négligence caractérisée pourrait être constituée à votre égard”.Lundi, Eric Walter, le secrétaire général de l’Hadopi, a annoncé sur Sudradio que les premiers mails d’avertissement seront envoyés dans les prochaines 48 heures, et ce bien que le label de spécification des logiciels de protection recommandés ne soit pas encore défini. Le 28 septembre 2010 à 16:08 • Emmanuel Perrin
HP veut concurrencer Apple avec sa nouvelle tablette TouchPadLe fabricant a dévoilé hier son nouveau terminal, TouchPad sous WebOS. Il devrait être commercialisé cet été.HP débarque sur le marché des tablettes. Le constructeur vient d’annoncer l’arrivée prochaine de son TouchPad, concurrent direct à l’iPad d’Apple et aux tablettes sous Android présentées au Consumer Electronic Show de Las Vegas début janvier.Les premières images diffusées dévoilent une tablette similaire à celle d’Apple au niveau des dimensions. Par ailleurs, le TouchPad intégrera un écran 9,7 pouces tactile, un processeur Qualcomm Snapdragon double coeur 1,2 GHz, une caméra frontale 1,3 mégapixels, un GPS et une prise micro-USB. Il sera animé par WebOS, le système développé par Palm.Par ailleurs, ZDNet.fr précise que la tablette d’HP sera disponible avec 16 ou 32 Go de stockage interne en version WiFi dans un premier temps. Puis viendront les versions 3G et 4G.HP n’a pas annoncé de date de sortie, mais a déclaré que son TouchPad serait probablement commercialisé durant l’été. Par ailleurs, aucun prix n’a été mentionné pour le moment par le constructeur.Découvrez le TouchPad en vidéo sur Maxisciences.Le 10 février 2011 à 09:19 • Emmanuel Perrin
Day 4 : Cleaned up nicely in the rain. A sour scent drifts in through the bedroom windows. pic.twitter.com/a75u0dqTxu— Chet (@sealless) June 21, 2019 Day 5 : I am learning a new way to judge wind speed. pic.twitter.com/JY3INv8QQx— Chet (@sealless) June 22, 2019 Stay on target Day 13 : Snowing? Molting.#squirrel #Syracuse pic.twitter.com/qAvNXharAX— Chet (@sealless) July 1, 2019Finally, on Monday, July 1, National Grid took down the squirrel after it received an inquiry from Syracuse.com. According to a National Grid spokeswoman, the company doesn’t typically remove objects from wires unless they could be threatening to electrical service. However, they were reportedly concerned that the neighbors would hurt themselves if they tried to take down the squirrel.Day 14 (update) : This is the way the squirrel ends / Not with a bang but a whimper.Thanks @nationalgridus #squirrel #Syracuse pic.twitter.com/8YxnvluqnW— Chet (@sealless) July 2, 2019“Rest in power,” sweet Freddie.More on Geek.com:This Giant Technicolor Squirrel Can Jump 20 Feet HighBiologist Discovers Flying Squirrels That Glow Pink in the DarkThis Squirrel Eating an Egg Roll Is New York’s New Furry Hero Watch: Dolphin Leaps Feet Away From Unsuspecting SurferWatch: Deep-Sea Octopus ‘Billows Like a Circus Tent’ Day 10 : Change of perspective does not improve the situation. pic.twitter.com/JC63pwKU4x— Chet (@sealless) June 27, 2019 Some upstate New York residents are not happy after a utility company reportedly ignored their requests to take down an electrocuted, dead squirrel hanging from wires in their neighborhood.About two weeks ago, the squirrel got electrocuted because it was trying to eat the utility wires, Syracuse.com reported. Annoyed by National Grid’s unresponsiveness, some residents started posting pictures of the animal’s carcass on Facebook and Twitter to get their attention, Fox News noted. Neighbors named the animal Freddie after Curtis Mayfield’s 1972 song, “Freddie’s Dead.”Day 1 : He might be sleeping.Day 2 : He is definitely hosting some kind of flying insect convention.Day 3 : The pouring rain enhances the sadness.@nationalgridus says don’t call us unless the power goes out.Rest In Power, Eastwood Squirrel. #squirrels #Syracuse pic.twitter.com/oH7WWgSJJy— Chet (@sealless) June 20, 2019
AP Posted: March 22, 2019 AP, Trump policy of sending asylum seekers to Mexico faces judge March 22, 2019 SAN FRANCISCO (AP) — A U.S. judge in San Francisco will scrutinize the Trump administration’s policy of returning asylum seekers to Mexico during a court hearing Friday to help him decide whether to block the practice.Civil rights groups have asked Judge Richard Seeborg in San Francisco to put the asylum policy on hold while their lawsuit moves forward. Seeborg was not expected to rule immediately.The policy began in January at the San Ysidro border crossing in San Diego, marking an unprecedented change to the U.S. asylum system . Families seeking asylum are typically released in the U.S. with notices to appear in immigration court.The administration later expanded the policy to the Calexico port of entry, about 120 miles (193 kilometers) east of the San Ysidro crossing.The lawsuit on behalf of 11 asylum seekers from Central America and legal advocacy groups says the administration is violating U.S. law by failing to adequately evaluate the dangers that migrants face in Mexico.It also accuses Homeland Security and immigration officials of depriving migrants of their right to apply for asylum by making it difficult or impossible to do so.“Instead of being able to focus on preparing their cases, asylum seekers forced to return to Mexico will have to focus on trying to survive,” according to the lawsuit filed in February by the American Civil Liberties Union, the Southern Poverty Law Center and the Center for Gender & Refugee Studies.The Trump administration hopes that making asylum seekers wait in Mexico will discourage weak claims and help reduce an immigration court backlog of more than 800,000 cases.The Justice Department said in court documents that the policy “responds to a crisis of aliens, many of whom may have unmeritorious asylum claims, overwhelming the executive’s immigration-detention capacity, being released into the U.S. to live for many years without establishing an entitlement to relief, and often never appearing for immigration proceedings.”Border Patrol arrests, the most widely used gauge of illegal crossings, have risen sharply over the last year but are relatively low in historical terms after hitting a 46-year low in 2017.A federal law allows the Homeland Security secretary to return immigrants to Mexico at her discretion, Justice Department officials said in a court filing this month urging Seeborg not to block the policy.The civil rights groups said that law does not apply to asylum seekers who cross the border illegally or arrive at an entry port without proper documents.The policy followed months of delicate talks between the U.S. and Mexico. Mexicans and children traveling alone are exempt from it. Categories: California News, Local San Diego News, National & International News FacebookTwitter
WILMINGTON, MA — Below are some of the newest job openings in Wilmington:Full-Time Receptionist at CareOneFull-Time Warehouse Driver at Harrington Industrial PlasticsFull-Time Production Support Coordinator at Charles River LabsFull-Time & Part-Time Cashier at Cumberland FarmsFull-Time Assistant Site Manager at Packer Sanitation ServicesFull-Time Site Manager at Packer Sanitation ServicesFull-Time Branch Manager (Tier 2) at Citizens BankPart-Time Guest Advocate TargetFull-Time Reset Specialist at Pepsi Co.Part-Time Officer Administrator at ChemGenes(NOTE: Wilmington businesses — Feel free to send me your job postings at firstname.lastname@example.org.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email email@example.com.Share this:TwitterFacebookLike this:Like Loading… RelatedNOW HIRING: 50 New Job Openings In Wilmington (Week of June 23, 2019)In “Business”NOW HIRING: 50 New Job Openings In Wilmington (Week of August 18, 2019)In “Business”NOW HIRING: 10 New Job Openings In WilmingtonIn “Business”
Hyderabad: There is a discussion among TRS leaders on possible threat from Telangana BJP even as Chief Minister K Chandrashekar Rao has asked party leaders not to respond to any criticism by leaders of the Saffron party. The TRS leaders feel that after decimation of the Telugu Desam and Congress in the state, the BJP would become an alternative to the party and the issue coming in the discussion in the party’s state executive committee meeting gives an indication when KCR asked the party leaders not to respond to the criticism of the BJP leaders. Also Read – Farmers stage rasta roko against urea shortage in Kamareddy Advertise With Us He had told the party leaders that the BJP leaders would make noise for a few days and later calm down. However, the party leaders feel that they would have to counter the BJP resisting the ‘Operation Akarsh’ by the Saffron party to gain strength in the state. Scores of leaders from the Telugu Desam and Congress have joined the BJP and there are more leaders to follow. According to the TRS leaders, the change in the stance taken by their party chief against the Centre is also something to do with the caution given by him to the party leaders. Also Read – Ramagundam: Focus on company’s growth, community development Advertise With Us During the first tenure of Prime Minister Narendra Modi, the Chief Minister had good relations with the Centre. However, after Modi took charge as the Prime Minister for the second time, the TRS chief is yet to meet him. Of late, the Pink party leaders have been targeting the BJP leaders in press conferences. Recently, party leader K Prabhakar and others lashed out at the BJP leaders for giving religious colour to small incidents in the state. Advertise With Us A senior leader of the party said that the BJP may become the main Opposition especially after the other two Opposition parties losing their base. “The TDP leaders are lining up to join the BJP and there is a talk of senior Congress leaders too are interested in joining the BJP and in such case, the party may have to face competition from the Saffron party,” opined the TRS leaders. However, the TRS leader said that with a few ZPTCs and one MLA, there is nothing to worry as of now and people of the state have faith in TRS chief KCR.
By Michelle Richardson, Special to the AFROThe Baltimore Police Department (BPD) is investigating five separate shootings, Oct. 16 that left several people injured and three men dead.The shooting violence started a little before 2 a.m. and by 8 p.m., at least eight people had been shot including a 69 year-old woman according to the BPD.At 1:40 a.m., officers responded to the 5300 block of Cordelia Avenue in Northwest Baltimore where they found a 69-year-old woman who had been shot.(AP Photo)Approximately an hour and a half later, a 36-year-old man walked into a hospital with a gunshot wound to the back; investigators determined he had been shot in the same incident as the 69-year-old woman.Both victims who had not been identified by press time are expected to survive.Several hours later at 9:04 a.m., police responded to a report of another shooting in the 2900 block of Westwood Avenue in West Baltimore. There officers found a 21-year-old male and a 18-year-old female.According to investigators, both victims were sitting in a car when a gunman approached and opened fire.Both victims suffered from non-life threatening injuries.Three men were shot in the Penn North neighborhood around noon according to police.The 2400 block of Pennsylvania Ave., outside the Penn Super Market at the corner of Cumberland Street, was blocked off in both directions as police investigated and collected evidence.According to police, a call was dispatched for shots fired at approximately 12:11 p.m. When officers arrived on the scene, they found three men suffering from gunshot wounds.One of the victims, a 29-year-old male was shot in the torso. He was later pronounced dead at a local hospital.The other two victims, a 35-year-old and a 37-year-old were shot in the foot and the calf respectively. Their condition was not immediately known at press time.Approximately two hours later, police arrived at Fayette St. near Monroe St., in West Baltimore for yet another shooting.A man was found suffering from multiple gunshot wounds. He was transported to an area hospital where he later died.The final shooting on Oct. 16 was also a fatal shooting. Police responded to N. Carey St. and Riggs Ave. in West Baltimore, just after 6 p.m., where they discovered a 52-year-old man shot in the head. He died later at an area hospital.Police are investigating all of the shootings, but have not divulged motives for any of them at this time.Police ask anyone with information to contact them at 410-396-2100, or leave an anonymous tip with Metro Crime Stoppers at 1-866-7LOCKUP.
Kolkata: The decomposed body of a three-year-old girl was recovered from inside a manhole at Shyamlal Street on Friday night. Locals said that the child was missing since Wednesday and according to the primary autopsy report, the child was strangulated to death.Local sources informed that the child used to live with her family members on the pavement opposite to Shyamlal Street in front of Deshbandhu Park. On Wednesday night, her family members all of a sudden noticed that she was missing. Also Read – Rain batters Kolkata, cripples normal lifePrimarily, they tried to search the area, but failed to locate her. Later, with the help of other locals, a search was conducted but in vain.On Thursday, the child’s father lodged a complaint with Ultadanga police station. After commencing the probe to locate the missing child, police could not gather any clues that might have led them to her. On Friday night, a few locals saw a manhole inside a compound of a four-storeyed building was partly open. When some of them peeped in and looked into the manhole, they saw the girl. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedImmediately, the owner of the building was informed. At around 11:10 pm, the police recovered the decomposed body of the missing child. After getting the primary autopsy report, investigators are now trying to understand if there was any enmity with the girl’s family members. Also, the police have tracked a few CCTV cameras on the main road just outside Shyamlal Street and inside a nearby school compound. Sources informed that the footage from the CCTV cameras installed has been viewed but nothing suspicious could be traced. The investigators are yet to look into the footage of the CCTV camera inside the nearby school campus. It is also not clear whether the girl has been sexually harassed or not.
Australians finally can sign up to Amazon Prime.Image: Quinn Rooney/Getty ImagesBy Johnny Lieu2018-06-18 18:42:32 -0700 It took a long time for Australians to get Amazon, and even longer to get Prime.The membership program is finally available in the country, offering free delivery on products as well as access to Prime Video and other services like Twitch Prime and Prime Reading.Interestingly, A$6.99 (US$5.27) or A$59 (US$44.51) for the year, it’s half the price of what U.S. customers are paying for the service.However, Prime in Australia only offers free two-day business delivery, whereas you can get free same-day or next day delivery in the U.S. for some items on Amazon. Australian Prime does offer free delivery for international orders over $49, however.Two-day shipping is available in all major cities except Darwin, as well as and regional cities such as Albury-Wodonga, Bendigo, Gold Coast, Newcastle and more. In more remote locations, Prime members will get free shipping that will be as fast as four or five days.“We are really proud to bring Australians the most extensive set of Prime benefits at launch for any country — ever,” Jamil Ghani, VP of Prime International at Amazon, said in a statement. “This is just the beginning for Prime in Australia, as we will keep making Prime better, adding even more selection and benefits.” If you’re keen, Prime is offering a 30-day free trial, and the price has been lowered to A$4.99 per month until Jan. 31 next year.
Tags: Top News TORONTO — Close to 120 Canadian travel professionals came out for a great day at Glen Abbey Golf Course in Oakville on Friday to support a foundation dear to their hearts: The YellowBird Foundation.The tournament raised an estimated $50,000 (final amount to be published June 15) to help schools damaged by the recent hurricanes in the Caribbean, in an effort graciously sponsored by WestJet and WestJet Vacations.It was a fun day of golfing, prizes, lunch and auctions, and this year even included a spa bus for those less interested in golfing.Everyone played well, but the golfing prizes went to:. Men’s Winner: Michael Price, Jean Lafreniere, Michael Bird, Brett Wilson. Men’s Runner-Up: Dan Langevin, Duncan Bureau, Brian Robertson, JC Girard. Mixed Winner: Jennifer Waver, Paul Poulin, Karen Salviato, Aaron Payne. Mixed Runner-Up: John Pease, Zul Shaikhali, Morgan Bell, Jim Morrison. Longest Drive #1: Devin Kinasz and Dave Thompson. Closest to hole #7: Morgan Bell and John Pease. Closest to hole #15: Morgan Bell and Aaron PayneMore news: CIE Tours launches first-ever River Cruise CollectionSince its inception in 2005, The YellowBird Foundation has donated nearly $500,000 to educational initiatives in the Caribbean and Latin America, largely from money raised at this annual golf tournament.“As you know, some people in the Caribbean are living in poverty and the benefits of tourism do not reach them,” says Gerry Kinasz, a founder of The YellowBird Foundation and Publisher of Travelweek. “I hope the projects we support will give children the opportunity to grow and that they will understand that there are people in the world who really want to help and see them succeed.”This year The YellowBird Foundation helped rebuild an elementary school in the Turks and Caicos. The school teaches 586 students between the ages of three and 11 and the impact from the hurricanes a few months ago caused major damage to the school structure and several classes were closed. Please watch the video below. << Previous PostNext Post >> Monday, June 4, 2018 Annual YellowBird golf tournament raises $50,000 for schools devastated by the hurricanes More news: Kory Sterling is TL Network Canada’s new Sales Manager Canada“The YellowBird Foundation does really great things for children and education in the Caribbean, and the projects they support change every year. We support a lot of charity events at WestJet, but it is especially important to get involved in projects in a destination to which we fly,” says Jane Clementino, Director of Agency Sales, WestJet.The YellowBird Foundation and WestJet thank all the participants and look forward to welcoming everyone again next year. Posted by Travelweek Group Share
London hotels have been acknowledged as the few accommodation blocks across the world to withstand the effects of the GFC, continuously experiencing a year on year growth. A hotel industry report found that the average daily rate increased by 8.2 percent in February 2011 while revenue per available room shot up by 4.1 percent.“The improvement of average daily rate and revenue available per room over the past year is fantastic news,” the report said. “Although occupancy dipped slightly, levels have remained relatively high, and this will only improve with the upcoming events in London – the Royal Wedding and the 2012 LondonOlympics.” The report highlighted that the city will further experience growth over the coming 12-18 months, with the Royal Wedding and the Olympics in July next year. The Mint Hotel said it is prepared to welcome the upcoming surge in visitors with the recent development of its Tower of London hotel.“Located only a few minutes walk from the eponymous landmark as well as the Fenchurch Street and Tower Hill stations,” a statement from the hotel read.“It is ideally placed to allow visitors excellent access to a variety of surrounding sights and venues, a factor which will become all the more significant over the coming months with the Royal Wedding and the Olympics next year.” Source = e-Travel Blackboard: N.J
AI AI Foundry Automation Platform Lending mortgage Optical Character Recognition Underwriting 2019-03-05 Radhika Ojha AI Foundry Introduces Agile Platform for Mortgage Processing March 5, 2019 807 Views in Headlines, News, Technology Massachusetts-based AI Foundry, an artificial intelligence (AI) platform company, announced the launch of its next-generation Cognitive Business Automation Platform along with a new Agile Mortgages solution on Tuesday. This patent-pending technology incorporates the latest in AI, machine learning, and machine vision to deliver a higher level of problem-solving and decision-making ability for enterprises. The company’s Agile Mortgages solution which is built on top of the platform, automates manual, labor-intensive mortgage processes, enabling lenders to dramatically accelerate the lending lifecycle.In a statement, AI Foundry said that its vision was to enable lenders to provide a much faster pre-approval and underwriting approval process for their customers. The company said that its Agile Mortgages solution would allow the mortgage industry to use AI to replace multi-week manual processes to help mortgages get processed from “application to underwriting” in days, not weeks. This capability would help lenders enhance customer experience while reducing the cost of mortgage processing. For homebuyers, these capabilities accelerate the home loan process and provide the digital experience that today’s consumer demands.“Competition in the mortgage lending industry is intense and while many companies have deployed POS solutions for the customer, the back-end processes have not undergone a digital transformation, until now,” said Steve Butler, Founder and General Manager of AI Foundry. “We will truly disrupt the ‘status quo’ by automating the mortgage application process and enabling lenders to complement those front-end capabilities with one-day mortgage approvals. This not only opens the enormous potential for acquiring and delighting new customers; it also drives down the cost per mortgage, so lenders can be more profitable.”The AI Foundry Cognitive Business Automation Platform is built with a model-driven, microservices architecture that enables rapid design, development, and operation for faster decision making. The platform automates processes by quickly extracting data from electronic images and documents with accuracy and minimal manual intervention. It uses machine vision to extract and classify data and information that delivers accuracy rates of 90 percent or higher. This is significantly more accurate than Optical Character Recognition (OCR) technology that is commonly used today. Share
Miraval Luxury Villas Nearly Sold OutTucson, Arizona – Reported by Elite Traveler, the Private Jet Lifestyle MagazineMiraval Arizona announced that due to recent sales activity, only two luxury Villas remain on the market at its top-rated destination spa resort located north of Tucson, Arizona.The available Villas include a furnished 3,095 square foot three-bedroom, three-bath property listed for $3.4 million, and a 2,729 square foot unfurnished two-bedroom, three-bath home for $2.25 million. Villa owners have direct access to Miraval’s award-winning resort services, which include an array of self-discovery and development activities and spa treatments.“After a challenging year in 2009, we’re seeing that affluent buyers are more comfortable investing in second homes, particularly those that offer world-class amenities like Miraval,” says Janell Jellison, luxury residential specialist for Tucson-based Long Realty.The Villas were designed by Seattle-based Mithun Architects , a national leader in sustainable design and urbanism, and each villa is LEED Silver-certified by the U.S. Green Building Council. New York-based award-winning interior designer Clodagh handled the furnishings.“Our owners have the opportunity to live in a private, spectacular desert setting, with unlimited access to the one-of-a-kind Miraval resort experience,” said Michael Tompkins, Vice President and General Manager of Miraval.”Miraval: The Villas are perfect for individuals that are looking for a community of like-minded neighbors.Additional amenities include: *Two Master Suites with private courtyards, one with a private outdoor shower and one with a private hot tub * Starbed and patio hot tub * Cozy outdoor fire pit and patio furnishings * Fully appointed gourmet kitchen and indoor gas fireplaces * Cascading glass patio doors for indoor/outdoor living; panoramic mountain viewsEach villa owner pays an annual fee for unlimited access to all resort programs and amenities, common area maintenance and property management, housekeeping service, roundtrip transportation to and from Tucson International Airport and a 20 percent discount on spa services, meals and retail purchases. A dedicated villas manager and concierge staff are available to assist homeowners with special needs and requests. www.miravalresorts.com/Miraval-Residences/Miraval-The-Villas
Hellenic Bank, the island’s third largest lender, has said that it expects to post a €13m after tax loss in April to June on a €51m increase in provision of impairments for loan losses.“As a result of these provisions, the provision coverage of non-performing exposures as at June 2017 is expected to increase to about 60 per cent compared to 57 per cent as at March 31, 2017,” the bank said in a statement on the website of the Cyprus Stock Exchange on Friday. “The group’s equity tier 1 (CET1) ratio and capital adequacy ratio as at June 30 2017, on a transitional basis, are expected to decline to an estimated 13.3 per cent and 17 per cent respectively which remains above the 2016 minimum supervisory review evaluation process (SREP) regulatory requirement of 9.25 per cent and 12.75 per cent respectively”.Hellenic Bank, the second Cypriot lender announcing an increase in its provisioning levels after Bank of Cyprus did so less than two weeks ago, added that its second quarter financial results will include an accounting gain of €19m resulting from the agreement with non-performing loans management specialist APS Holdings.“These changes further strengthen the group’s ability to accelerate its plans for balance sheet de-risking and deleveraging whilst it continues to focus its resources on managing and growing its performing loan book by providing financing to creditworthy households and businesses thereby supporting the Cypriot economy,” Hellenic which is one of the four Cypriot banks jointly supervised by the European Central Bank and the Central Bank of Cyprus added.The bank, which is struggling with €2.5bn, in non-performing loans — accounting for 57 per cent of its loan portfolio — “will not need to issue more capital as its capital buffers are ample,” a Hellenic Bank source commented in a telephone interview.Hellenic posted a net loss of €10.5m in the first quarter and €63.5bn in losses last year.Following the increase in provisioning levels to reflect “amendments to the parameters and assumptions for estimating the recoverable amount of property collateral values” used in the bank’s provisioning methodology, accumulated impairment losses are expected to exceed the €1.4bn mark.The amendments were made as part of the implementation of the International Financial Reporting Standards 9 (IFRS9) set for next year, and “take into account the bank’s accelerated plans for resolving problem loans, latest market developments,” and the ongoing dialogue with regulators.The agreement with APS to set up APS Debt Servicing Ltd, to which the bank outsourced the management of its non-performing loans and real estate management operations, even though implemented in July, may have contained the increase in provisions, the source added.You May LikeFigLeaf Beta AppHow to Become Fully Anonymous Online in Less Than 3 Minutes?FigLeaf Beta AppUndoCity BeautyDo This To Fix Sagging Jowls Without SurgeryCity BeautyUndoFigLeaf Beta AppFigLeaf brings You 3 Easy Steps to Privacy on Your Terms…FigLeaf Beta AppUndo Pensioner dies after crash on Paphos-Polis roadUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboola
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