TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your say Real Madrid chief Butragueno: Our players are stupendousby Carlos Volcano10 months agoSend to a friendShare the loveReal Madrid chief Emilio Butragueno has defended the players after defeat to Real Sociedad.La Real shocked Madrid 2-0 at the Santiago Bernabeu on Sunday.Butragueno was asked about additions this month given their poor start to the year.But he insisted, “This squad has players with loads of talent and I think that it is a good day to reinforce that message. “They have won many titles. The Club World Cup isn’t nothing, three consecutive Champions Leagues. These players are stupendous.”
TagsTransfersAbout the authorPaul VegasShare the loveHave your say New Nice owner Ratcliffe remains interested buying Premier League clubby Paul Vegasa month agoSend to a friendShare the loveNew Nice owner Sir Jim Ratcliffe remains interested in buying a Premier League club.It’s understood he looked at Newcastle and Chelsea this year – and he may return to buy a top flight club at a later date, says the Mirror.Those close to the man, who started life in a council house in Greater Manchester, insist they haven’t ruled out Ratcliffe making a Premier League impact one day.A business confidante said: “Jim was genuinely interested in buying a leading Premier League club. At the same time he wants value for money and after considering the cost involved and the necessary investment he chose Nice ahead of Premier League clubs he was in negotiations with.”
About the authorFreddie TaylorShare the loveHave your say Mourinho adamant about Man Utd striker Rashford: He’s not a target manby Freddie Taylor5 days agoSend to a friendShare the loveFormer Manchester United manager Jose Mourinho is adamant Marcus Rashford is not a target man.Mourinho was speaking after Rashford scored in United’s 1-1 draw with Liverpool on Sunday.”When we beat Liverpool a couple of years ago, we played with Rashford and Romelu Lukaku up front. He is not a target man, he is a man of movement,” Mourinho told Sky Sports.”I do not think he is a pure nine. If Ole is going to play him as he did today then I think he is the perfect player for him.”He’s young but he is experienced. With 21 years he probably has more matches than some players who are 24, 25. For me he is potentially a very good player, in some models and in some positions.”As a number nine I don’t think he has the 30 goals a season in him. I don’t think he can get better as a target man. To be better as a target man is difficult for him.”
Olivia Wilde is raising money for Haiti via Crowdrise, and giving you the chance to win a limited edition, signed Shepard Fairey poster.“Haiti is the poorest country in the Western Hemisphere, and 50% of the population there lives on less than $1.25 per day,” writes Olivia on her Crowdrise fundraising page. “Over 80% of students drop out of school after 6th grade because they can’t afford to continue their education.“We’re trying to change that. Artists for Peace and Justice encourages peace and social justice and addresses issues of poverty around the world. Our immediate goal is to serve the poorest communities in Haiti with programs in education, healthcare, and dignity.“We are committed to long-term, sustainable development in direct partnership with the Haitian people. Our model is simple: we believe in empowering local communities, fostering economic growth, and above all the power of education to change a nation.”By donating at least $30 before November 27, you go into the draw to win a Shepard Fairey poster signed by both Olivia and Shepard. For more info, visit Olivia’s Crowdrise page. You can also help Artists for Peace and Justice win $50,000 as part of the Mozilla Firefox Challenge – for more information, click here.
After starting out as a family business in 1982, PepsiCo. has announced the Spitz sunflower seed plant in Bow Island will shut down, leading to over 50 people losing their jobs.In a statement, the company said it made its “difficult decision” on Thursday.“This facility will close later this year and Spitz production will be moving to an existing contract manufacturer partner in the US.,” the company said in a statement. “This was a business decision based on an extensive evaluation of the long-term viability of this site and its ability to meet our increasing volume requirements for the brand, which will continue to play an important role in our North American portfolio.“We are committed to assisting our impacted associates with financial support, access to financial counselling and job placement services.”Spitz sunflower seed plant in Bow Island is shutting down, leading to over 50 people losing their jobs. It was founded in 1982 in Bow Island and bought by PepsiCo in 2008. In a statement, company points to “long-term viability” and “increasing volume requirements” #abmoney pic.twitter.com/yrZR8VbmmV— Lucas Meyer (@meyer_lucas) February 16, 2018Spitz International was founded in 1982 by Dutch immigrants Tom and Emmy Droog, eventually becoming a leading sunflower seed producer and was bought by PepsiCo. in 2008.“We hope you get out there and enjoy all our delicious flavours and taste the Spitz® difference for yourself!” the Spitz website still said on Friday. “And when you do, think of the folks in Bow Island, who couldn’t be prouder.”While the company’s statement made no mention of politics, the area’s MLA and UCP Finance Critic Drew Barnes blames the NDP.“Many companies are going to vote with their feet, they’re not going to provide jobs, they’re not going to create wealth here in Alberta, and until a government change or a new direction, we’re going to be feeling the pain for it,” he said. “You look at our ever-increasing electricity rates, you look at our minimum wage changes, you look at our oil and gas people not working in Alberta.“They didn’t make their decision only in this vacuum, but I’m sure when I’m talking to the people in Bow Island in the coffee shop tomorrow morning, they’ll be feeling the current NDP government’s a big part of their decision.”
VANCOUVER – West Fraser Timber Co. Ltd. is reporting net earnings of $197 million in the first quarter of 2018 compared with $123 million a year ago.The company reported basic earnings per share of $2.53 versus $1.58 a year earlier. Analysts had expected $2.43 in reported earnings per share according to Thomson Reuters.Sales rose to $1.36 billion from $1.19 billion in the first quarter of 2017.The company says winter weather and transportation challenges, as well as full quarter of export duties, were a factor in its lumber segment’s operating earnings falling to $189 million from $232 million in the fourth quarter of 2017.It says it benefited from stronger prices for plywood and Canadian pulp.Companies in this story: (TSX:WFT)
NEW YORK — Stocks that moved substantially or traded heavily Tuesday:Bank of America Corp. (BAC), down $1.55 to $26.99Banks fell more than the rest of the market as bond yields dropped sharply, which makes it harder to make money from lending.Duke Energy Corp. (DUK), up 43 cents to $90.05High-dividend stocks like utilities held up relatively well as traders sought out lower-risk investments.Cronos Group Inc. (CRON), up 57 cents to $10.74The marijuana producer confirmed it’s in talks about a potential investment by the U.S. tobacco company Altria Group.AutoZone Inc. (AZO), up $55.61 to $880.07The Memphis, Tennessee-based auto parts retailer reported earnings that beat Wall Street’s forecasts.Dollar General Corp. (DG), down $7.60 to $104.10The discount retailer said it expects lingering costs from hurricane season to hurt its results through the rest of the year.Hovnanian Enterprises Inc. (HOV), down 12 cents to $1.10Homebuilders fell after luxury homebuilder Toll Brothers issued a cautious assessment of the housing market.United Parcel Service Inc. (UPS), down $8.50 to $106.77Morgan Stanley analysts said the market is underestimating the negative impact on UPS and Federal Express from Amazon Air.RH (RH), up $13.48 to $137.13The furniture and housewares company reported earnings that came in far ahead of what analysts were expecting.The Associated Press
LOS ANGELES — California has finalized hundreds of pages of rules governing the nation’s largest legal pot market, but the dense regulations are unlikely to settle long-running disputes over testing and home deliveries.Even if imperfect, the rules were welcomed by many in the industry who have been contending with shifting temporary regulations since the state began broad legal sales last year.By far the biggest dispute focused on deliveries.The rules will allow home marijuana deliveries statewide, even into communities that have banned commercial pot sales.The regulation by the state Bureau of Cannabis Control was opposed by police chiefs and other critics who predict it will create an unruly market of largely hidden pot transactions, while undercutting control by cities and counties.The dispute could end up in court.Michael R. Blood, The Associated Press
Saturday, July 20th, 2019Saturday boasts wagon rides to three different music pit stops, a full day of family entertainment that includes a gold panning demo, artisan market, kids zone and more shares the organizer. Friday, July 19th, 2019 6:30 pm – Fort Motors Kick-Off Party 7:00 pm – Dinner 8:00 pm – Music & Dance Floor with Travis Fowler Band & Party To view the FB Event Page; CLICK HERECamping availableTickets available online and at 8 Seconds Western Wear in Fort St. John. BALDONNEL, B.C. – The Horse Ranch will be hosting the Beatton River Roundup Music Festival, two family-friendly days of entertainment, food and fun.Country music will be heard in this country settings with multiple music venues starting Friday, July 19th to Saturday, July 20th, 2019. 12:00 pm – Music Pit Stop Wagon Rides, Artisan Market Place and Kids & Adult Zones8:00 pm – Main Stage opening with Travis Fowler and headlining Trevor Panczak
New Delhi: The Supreme Court decision to annul the Reserve Bank of India’s (RBI’s) February 12 circular of last year on resolving bad debts is set to benefit several stressed companies which were staring at insolvency proceedings. According to rating agency ICRA, as of September 2018, nearly 70 borrowers with bad debts worth over Rs 3.8 lakh crore, could have eventually being referred for insolvency proceedings as a result of provisions of RBI’s February 12, 2018, circular. Also Read – India gets first tranche of Swiss bank a/c details While the court’s order will have no impact on the classification of a stressed account as a non-performing asset (NPA or bad loan) or on provisions that banks need to set aside on this account, it will give more time and discretion to banks on finalising a res olution plan. The RBI circular mandated lenders to initiate resolution or restructuring of loans of Rs 2,000 crore and above within six months from the date of default, on which the court found that the central bank had acted beyond its legal powers. Also Read – Tourists to be allowed in J&K from Thursday After the expiry of the 180 days, the defaulting borrowers, under the circular struck down by the apex court, had to mandatorily face proceedings under the Insolvency and Bankruptcy Code (IBC). One of the biggest beneficiaries of the Supreme Court order may be the financially troubled Jet Airways, which has a debt of around Rs 10,000 crore. As part of the resolution plan, the State Bank of India (SBI)-led lenders consortium has taken over 50.5 per cent stake in the airline, with a view to selling the shares to a potential buyer in the coming months. Under the nullified RBI circular, banks would have had to finalise a resolution plan for the airline by June if they wanted to avoid insolvency proceedings. With the Court’s quashing of the circular, the bankers have now more time to seek a resolution. Among the large power companies, which might have faced the heat, is the Lalitpur Power Generation Co, the Shishir Bajaj Group’s 1,980 MW thermal power project in Lalitpur, Uttar Pradesh which had been struggling for several years. Multiple efforts were made by the lenders to find a resolution for the account but no headway had bee made. Similarly, the KSK Mahanadi Power Co, a former subsidiary of KSK Energy Ventures, has a total debt of Rs 15,702 crore. Delayed repayments from state-owned power distributors led to cash flow strains for the company and it could not purchase sufficient coal. KSK Mahanadi operates a 3,600 MW thermal power plant in Chhattisgarh, which sells power to Gujarat, Andhra Pradesh, Chhattisgarh, Tamil Nadu and Uttar Pradesh. Another such case is Jaiprakash Power Ventures, with an aggregate capacity of 2,220 MW comprising hydro (400 MW) and thermal (1,820 MW) across the country. It owes banks Rs 14,000 crore. Earlier last year, lenders tried to sell near 50 per cent stake in the company but there was a lack of interest among buyers. Various experts have said that the February 12 circular had introduced a lot of rigidity. On the impact of the Supreme Court decision, they said it will not have significant impact on assets of the non-power sectors that are already under resolution.