What’s going on with the Kanabo share price?

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. What’s going on with the Kanabo share price? See all posts by Zaven Boyrazian Zaven Boyrazian does not own shares in Kanabo. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Simply click below to discover how you can take advantage of this. Image source: Getty Images Zaven Boyrazian | Tuesday, 18th May, 2021 | More on: KNB Get the full details on this £5 stock now – while your report is free. FREE REPORT: Why this £5 stock could be set to surge The Kanabo (LSE:KNB) share price has had a rough time since its IPO. Despite rising from its issue price of 6.5p to over 40p within 48 hours of being listed, the stock has since tumbled substantially. In fact, it’s so far lost around half its value and currently trades at a price of around 19p per share. But is this an opportunity to buy the stock at a discount? Let’s take a look.The falling Kanabo share priceI’ve previously explored Kanabo’s business model. But as a quick reminder, it is a medical cannabis company that develops and manufactures CBD-based products and inhalers. The long-term strategy is to create and sell a wide range of unlicensed medical oils that can be used in combination with its inhalation devices. If successful, it may lead to the replication of Gillette’s razor and blade type of business model that continues to generate consistent recurring revenue.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…With that in mind, I can see why investors were initially excited at the prospect of owning shares in this business. So why has the Kanabo share price fallen by so much since? There are likely to be many contributing factors. But as far as I can tell, it seems the initial excitement has started to die down after investors have taken a closer look.The firm has only just begun generating revenue from a relatively unproven collection of products. While that doesn’t mean it can’t be successful, it does add a considerable level of risk for investors, should it fail to meet performance expectations. Having said that, Kanabo has been making good progress.Revenue on the horizonThe firm recently published its first-quarter operational update for 2021. And so far, it seems everything is progressing as expected. The management team has begun making preparations to launch new medical cannabis products within the next six months.What’s more, its flagship vaporisation device, VapePod MD, is currently being reviewed for certification. However, it is worth noting that the average approval time for a new medical device can vary from a week to eight months. In other words, Kanabo and its share price may not be able to fully benefit until 2022.Beyond product development, it has also has signed two new partnerships. The first is with PharmaCann Polska, which increased Kanabo’s production capacity by an additional 36,000 vaping cartridges per month. And the second is a distribution agreement with Astral Health. This contract allows the business to tap into an established patient ecosystem — a valuable advantage to have, given Kanabo’s current lack of brand awareness. At least, that’s what I think.Is it time to invest?The medical cannabis industry is growing at a phenomenal rate. And as more governments legalise the use of medical marijuana, this level of growth will likely accelerate. As such, Kanabo and its share price seem to be operating in an increasingly favourable environment.However, there remains a long road ahead, with plenty of other companies trying to penetrate the same market. So for now, I’m keeping Kanabo on my watch list. Enter Your Email Address Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. But there is another growth stock that caught my eye this week… I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shareslast_img read more

South Africa beat Wales at the Millenium Stadium

first_imgSunday Nov 9, 2008 South Africa beat Wales at the Millenium Stadium World Cup holders South Africa opened their November international season with a 20-15 victory over European champions Wales at the Millennium stadium on Saturday.Centres Adrian Jacobs and Jean de Villiers scored tries either side of halftime and Ruan Pienaar, starting at flyhalf for the first time in a test, kicked 10 points.Wales missed their chance to claim only their second victory against South Africa after trailing 20-3 early in the second half.Replacement flyhalf James Hook converted four penalties to bring Wales back into contention in front of British and Irish Lions coach Ian McGeechan, who was in the Cardiff crowd, only for the Springboks to prove their qualities in defence and secure the win.Job done for the Springboks, who seemed to take their foot off the gas in the second half, but the Welsh will rue not being clinical when needed. Coach Warren Gatland was incensed afterwards, saying he laid into his team.I am absolutely furious we have let ourselves down. If you want to nail the big teams, you have to nail the big moments and we did not do that, he said. PLEASE NOTE: Mediazone have removed this video unfortunately. Time: 05:39ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living90% of People Have No Idea What These Two Little Holes Are ForNueeyShe Was the Most Beautiful Girl in the World. What She Looks Like Now is InsaneNueey10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel ADVERTISEMENT Trending 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 Great Tries 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO The time Waisale Serevi used his iconic hitch-kick to carve up Scotland in 2000 1 WEEK AGO Veainu finishes superb try after octopus style offload from Waisea 2 WEEKS AGO FULL MATCH REPLAY: Huge stars on show when All Blacks host Pacific Island XV in 2004 2 WEEKS AGO WATCH: Hooker produces ridiculous speed to score 60-metre wonder try for Hurricanes View All Big Hits & Dirty Play 1 DAY AGO Awesome new Etzebeth montage will have Springboks fans psyched for Summer Lions tour 5 DAYS AGO Melbourne Rebels do their best to wreck Bryn Gatland 5 DAYS AGO Eye-opening compilation shows why Taulupe Faletau could harm Springboks this Summer 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 1 WEEK AGO AWESOME video shows the very biggest and best tackles of the 2020/21 season View All See It To Believe It 4 DAYS AGO Cheetah racer Habana reveals what was actually going through his mind that day 4 DAYS AGO Lam’s explanation of bizarre situation that caused heated touchline argument 5 DAYS AGO François Steyn’s ridiculous 60-metre drop goal which left commentators in hysterics 5 DAYS AGO Re-live O’Driscoll’s EPIC try-saving tackle in 2003 RWC quarter-final 6 DAYS AGO HUGE controversy sees Borthwick call Pat Lam a liar during heated Prem clash View All Funnies 2 WEEKS AGO Joe Marler elated in special interview as fans return to The Stoop 2 WEEKS AGO WATCH: One of the luckiest and most bizarre tries you will EVER see 2 WEEKS AGO WATCH: Reds players caught out in hilarious celebration blooper vs Chiefs 2 WEEKS AGO WATCH: Faz, Piutau and Burns star in hilarious try fail compilation 4 WEEKS AGO MLR: Giltinis howler sees try overruled despite attempts to celebrate View All Amateur 32 WEEKS AGO Viral video of Scottish club brawl goes down a storm with rugby community 69 WEEKS AGO RUGBYDUMP BLITZ: This Best of the Week round up is sure to entertain you 69 WEEKS AGO RD BLITZ – Disaster, just when it looked so promising… 69 WEEKS AGO That glorious moment that will live on forever, like it or not 69 WEEKS AGO RD Blitz – PROP’S Lionel Messi wizardy creates incredible try View All Player Features 16 WEEKS AGO WATCH: Bumping off tacklers and taking high balls, Rob Kearney had an impressive Super Rugby debut 21 WEEKS AGO Brian Moore on money in modern rugby and how it should never be compared to ‘outlier’ football 22 WEEKS AGO Tuisova’s wrecking ball montage will make you grateful you never made it as a pro 28 WEEKS AGO New Zealand rugby pod admit Owen Farrell is world class 29 WEEKS AGO WATCH: Bath prop launches Amazon documentary focused on those from non-traditional backgrounds View All Related Content from the RugbyPass Network ‘What you do today is how you’re going to be remembered’: Spirit of Rugby – Ep 5 In Spirit of Rugby episode 5, Jim Hamilton talks Lions with Matt Dawson, Jeremy Guscott, Rob Kearney, Simon Shaw, Tom Croft and John Bentley. Watch: Reforging the Steelers | Episode 2 | RugbyPass Original Documentary In Episode 2 of Reforging the Steelers, we follow the team through rounds two to four as they try to get their season on track after an opening loss to competition powerhouses Tasman. Gavin Coombes grabs four tries as Munster easy to victory over Zebre Gavin Coombes scored four tries at Zebre as Munster secured second place in the northern section of the Guinness PRO14 Rainbow Cup. Leinster finish with Rainbow flourish as fans attend RDS for first time in 16 months Retiring duo Scott Fardy and Michael Bent bowed out on a winning note as Leinster finished the Rainbow Cup with a victory over Dragons. Final round of the Gallagher Premiership hit by a second match cancellation The final round of the Premiership lost the Worcester-Gloucester match on Tuesday and now Bristol versus London Irish is off. Crusaders player ratings vs Rebels | Super Rugby Trans-Tasman Which Crusaders stood out in their 26-point win over the Rebels in the final round of Super Rugby Trans-Tasman? South Africa beat Wales at the Millenium Stadium | RugbyDump – Rugby News & Videos RugbyDump Home RugbyDump Academy Store About Contact Legal Privacy Policy Cookie Policy Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features RugbyDump Home RugbyDump Academy Store About Contact Sitemap Categories Latest Great Tries Big Hits & Dirty Play See It To Believe It Funnies Training Videos Player Features Legal Privacy Policy Cookie Policy Sign In Username or Email Password Stay logged in Forgot password Thank you for registering Click here to login Register Register now for RugbyDump commenting & enewsletter. * Required fields. 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Pasadena Showcase House for the Arts 31st Annual Instrumental Competition Awards $28,500 in Prize Monies to Aspiring Musicians

first_img Business News 5 recommended0 commentsShareShareTweetSharePin it Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Seated left to right: Participants Annelle Gregory, Gallia Kastner, Nora Doyle, Dong Nyouk Sunrise Kim, James Cooper, Connor Rowe, Elissa Brown, Eric Abramovitz, Cristina Cuts Dougherty, Víctor Díaz, Joachim Becerra Thomsen. Standing left to right:?PSHA Instrumental Chair Vikki Sung, Judges Tom Hooten, Jin-Shan Dai, Gregory Ben Ullery, Burt Hara, Elise Shope Henry, Jonathan Karoly, PSHA President Dr. Lynn Mehl.In a brilliant display of talent, 11 young musicians, ages 18 to 22, won a total of $28,500 in the 31st annual Pasadena Showcase House for the Arts (PSHA) annual Instrumental Competition. The event was held October 20 at the Pasadena Conservatory of Music and chaired by longtime Pasadena resident Vikki Sung. To date, PSHA has awarded more than $550,000 to promising music students since the competition began in 1985.“It is our great privilege to support and encourage these tremendously talented students with their music education,” stated PSHA President Dr. Lynn Mehl. “You can feel their passion and dedication to music in their performances.”“The caliber of talent on display at the competition was outstanding,” remarked PSHA Instrumental Competition Chair Vikki Sung. “It’s very gratifying to recognize and support such promising young musicians in their pursuit of a classical music education.”“It was a tremendous privilege to be able to hear the 11 young talents at the Pasadena Showcase Competition,” said Jin-Shan Dai, who plays violin with the Los Angeles Philharmonic and served as the Juding Chair. “Words like ‘gem in the making’ and ‘diamond in the rough’ are often used to describe young musicians, but what we found was a treasure trove, filled with the most beautiful jewels. The experience was both eye opening and humbling,” he concluded.The Grand Prize for Exceptional Talent and Musicianship, in the amount of $6,000, was awarded to Joachim Becerra Thomsen. The 21 year-old earned his Masters degree from the Royal Danish Academy of Music in Copenhagen and is pursuing his Professional Studies Certificate in Flute Performance at The Colburn School. Joachim impressed the judges with his performance of Nielsen’s Concerto for Flute and Orchestra. One judge called his performance “virtuosic and expansive.” Joachim aspires to be an orchestral musician and perform as a soloist. Teaching will also be an element of his career. “I want to pass along what I have discovered about music to others,” he said.PSHA Awarded Ten Other PrizesBrass Awards: Second Place ($2,500) to Cristina Cutts Dougherty (Colburn) and Connor Rowe (Colburn).Woodwind Awards: First Place ($4,000) to Eric Abramovitz to (USC Thornton School) and Victor Diaz (Colburn); Honorable Mention ($500) to Elissa Brown (USC Thornton School).String Awards: First Place ($4,000) to Gallia Kastner (Colburn); Second Place ($2,500) to Dong Nyouk Sunrise Kim (Colburn); Honorable Mention ($500) to James Cooper (Colburn) and Nora Doyle (Colburn).Jack Smith Memorial Award for Most Promising Talent: Twenty one year-old violinist Annelle Gregory (USC Thornton School) received the Jack Smith Memorial Award for Most Promising Talent in the amount of $1,500.After the performances, the finalists reflected on the significance of music in their lives.James Cooper: “My advice to young musicians is to work hard, don’t give up and never be satisfied to be the best kid in town.”Gallia Kastner: “Mom wanted me to focus on tennis like my sisters. But it became clear that wasn’t my strength. When I picked up a violin, it was like reuniting with a missing limb.”Dong Nyouk Sunrise Kim: “I didn’t pick the cello; it picked me. My sister played it and I wanted to be like her. I was nine and desperately wanted to learn to play ‘Twinkle Twinkle Little Star’”.Selected from 43 applications, 11 finalists performed before a panel of seven dedicated judges, all of whom are musicians with the Los Angeles Philharmonic Orchestra. Jin-Shan Dai (Violin) headed the panel, which included Burt Hara (Clarinet), Elise Shope Henry (Flute), Thomas Hooten (Trumpet), Jonathan Karoly (Cello), Gregory Roosa (Horn), and Ben Ullery (Viola).About Pasadena Showcase House for the ArtsEach year, PSHA awards gifts and grants to a diverse list of non-profit organizations in support of their efforts in the community. This is in addition to their longstanding support of the Los Angeles Philharmonic Association. The PSHA Instrumental Competition is one of many music education programs funded by the proceeds from the annual Pasadena Showcase House of Design, which will take place April 23 to May 21, 2017. To purchase tickets, or for more information or membership details about PSHA, please visit www.pasadenashowcase.org. Giving Back Pasadena Showcase House for the Arts 31st Annual Instrumental Competition Awards $28,500 in Prize Monies to Aspiring Musicians From STAFF REPORTS Published on Tuesday, November 1, 2016 | 11:28 pm Community News Subscribe Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Name (required)  Mail (required) (not be published)  Website  Top of the News center_img Community News Make a comment More Cool Stuff First Heatwave Expected Next Week Herbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeauty10 Sea Salt Scrubs You Can Make YourselfHerbeautyHerbeautyHerbeautyNutritional Strategies To Ease AnxietyHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeauty10 Female Celebs Women Love But Men Find UnattractiveHerbeautyHerbeauty EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Your email address will not be published. Required fields are marked * faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Home Prices Remain Flat; Distressed Homes Stable in March

first_img Servicers Navigate the Post-Pandemic World 2 days ago Previous: DS News Webcast: Monday 3/31/2014 Next: Texas Employment Still Growing; Oil and Gas Industry Lead About Author: Colin Robins March 30, 2014 778 Views Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Clear Capital Distressed Sales Growth Home Data Index Home Sales 2014-03-30 Colin Robins The Best Markets For Residential Property Investors 2 days ago Tagged with: Clear Capital Distressed Sales Growth Home Data Index Home Sales Clear Capital, a provider of data and solutions for real estate asset valuation and collateral risk assessment, released its Home Data Index Market Report with data through March, 2014. The report noted that the frosty winter left home prices mostly flat, while saturation of distressed homes remained stable at 21.8 percent.Year-over-year, home prices increased by 9.8 percent, and .7 percent sequentially.The report noted that the Midwest is still experiencing non-existent growth over the quarter, causing concerns in the region.”Our data through the end of March reveals prices remained steady through the final weeks of winter, a sigh of relief to all market participants,” said Dr. Alex Villacorta, VP of research and analytics at Clear Capital. “Yet, national quarterly gains of just 0.7% mean there’s certainly still risk for short-term price declines in some markets.”Low tier home sales, which are classified as homes selling for $95,000 and less, have fueled recovery for the past two years, according to Clear Capital. The report found, “This deeply discounted sector attracted enough buyers to drive prices up 31.8% from the bottom of the market in 2011. Over the last quarter, however, low tier home price gains slowed to just 1.2%—a big difference from 3.7% a year ago.”Clear Capital hypothesizes the increasingly stable market could motivate first time and “move-up” home buyers to purchase homes.Home prices were outpaced by the owner’s equivalent of rent for 21 out of 23 quarters. This environment was particularly friendly to investors, who saw attractive returns that helped drive investor demand past historical norms.According to the report, “While the recovery took hold, home price gains outpaced growth in the owners’ equivalent of rent in most of 2012 and 2013.”Villacorta believes a few shifts are essential in order to maintain market stability.”The key to overall market progress and stability in 2014 will lie in the transition from investor to traditional home buyer demand,” he said.Villacorta added, “While each segment will continue to be important, healthy markets have shown higher rates of traditional home buyer demand and less investor-driven demand. Should prices remain stable, home buyer confidence will build, supporting a balanced transition.”The highest performing major metro markets quarter-over-quarter for March were all in California: Riverside, California (2.5 percent); Fresno, California (2.1 percent); San Diego, California (2.1 percent); Sacramento, California (2.1 percent); and Los Angeles, California (2.1 percent).The lowest performing major metro markets quarter-over-quarter for March include: New Orleans, Louisiana (-2.6 percent); Dayton, Ohio (-2.4 percent); Jacksonville, Florida (-0.2 percent); Milwaukee, Wisconsin (-0.1 percent); and Baltimore, Maryland (-0.1 percent). The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Colin Robins is the online editor for DSNews.com. He holds a Bachelor of Arts from Texas A&M University and a Master of Arts from the University of Texas, Dallas. Additionally, he contributes to the MReport, DS News’ sister site. center_img Home / Daily Dose / Home Prices Remain Flat; Distressed Homes Stable in March Data Provider Black Knight to Acquire Top of Mind 2 days ago Home Prices Remain Flat; Distressed Homes Stable in March Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Market Studies, News The Best Markets For Residential Property Investors 2 days ago  Print This Post Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Share Savelast_img read more

The Bright Side of Residential Investment

first_img Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago October 17, 2019 907 Views Previous: REO Activity’s Ups and Downs Next: Default Rates Inching Upward Across the Board Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. About Author: Seth Welborn The Bright Side of Residential Investment Residential fixed investment and continued strong consumer spending are expected to help counteract weakness in business fixed investment, according to the latest commentary from the Fannie Mae Economic and Strategic Research (ESR) Group.Risks to the ESR Group’s forecast remain biased to the downside, with trade tensions between the U.S. and China continuing to pose the greatest threat to growth, but housing is expected to be a source of strength in the near term. While the ESR Group had expected housing to contribute positively to third quarter GDP growth, stronger-than-expected recent data led the Group to revise substantially upward its projection for residential fixed investment. The Group’s updated forecast of 4.2% annualized is 3.3 percentage points higher than last month’s projection. According to Fannie Mae, this would represent the first time residential fixed investment has been positive since 2017.“While consumer spending, supported by a healthy labor market and gains in household wealth, remains the current expansion’s economic engine, the housing sector appears poised to offer meaningful near-term contributions to growth,” said Fannie Mae SVP and Chief Economist Doug Duncan. “Our macroeconomic forecast continues to call for solid, if modest, real GDP growth through 2020 despite the persistence of downside risks associated with U.S.-China trade tensions, slowing global growth, and other geopolitical concerns. Considering these risks and the Fed’s reluctance to roil financial markets, this month we’ve updated our monetary policy expectations. We now expect the federal funds rate cut previously projected for December to occur this month, followed by one more in January, the final such cut of the forecast horizon. The potential January rate cut is more conditioned on the intervening data than normal given the divided views of the voting members of the Fed Board.”“Unfortunately, expectations for a stronger housing market through the early part of next year are unlikely to offer prospective homebuyers much respite from the longstanding affordability issue,” continued Duncan. “Home prices appear likely to maintain a positive growth trajectory due in part to persistently low mortgage rates and evidence of declining inventory. On the flip side, the supply imbalance should be supportive of new home construction, which we believe will lead to an uptick in single-family housing starts through next year.” The Week Ahead: Nearing the Forbearance Exit 2 days ago Subscribe Related Articlescenter_img Demand Propels Home Prices Upward 2 days ago Tagged with: Economy Fannie Mae Investment Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Economy Fannie Mae Investment 2019-10-17 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago in Daily Dose, Featured, Government, Investment, News Home / Daily Dose / The Bright Side of Residential Investmentlast_img read more

Men arrested in connection with Strabane mortar device released

first_imgTwo men arrested as part of an investigation into the discovery of a mortar device in Strabane in September have been released.The 25-year-olds were arrested by Detectives from the Terrorism Investigation Unit yesterday and have been released after questioning.Police say the discovery of the improvised explosive device in the Church View area of the town on September 7th remains under investigation. Twitter Men arrested in connection with Strabane mortar device released Facebook Pinterest Journey home will be easier – Paul Hegarty Pinterest Homepage BannerNews By News Highland – December 4, 2019 WhatsApp Arranmore progress and potential flagged as population grows Twittercenter_img WhatsApp DL Debate – 24/05/21 Google+ Facebook Previous articleMain Evening News, Sport and Obituaries Wednesday November 4thNext articleDonegal and Derry to meet in McKenna Cup News Highland Harps come back to win in Waterford Important message for people attending LUH’s INR clinic Google+ News, Sport and Obituaries on Monday May 24th RELATED ARTICLESMORE FROM AUTHORlast_img read more

Scoreboard roundup — 9/6/20

first_img Beau Lund September 7, 2020 /Sports News – National Scoreboard roundup — 9/6/20 Written bycenter_img FacebookTwitterLinkedInEmailiStockBy ABC News(NEW YORK) — Here are the scores from Sunday’s sports events:MAJOR LEAGUE BASEBALLINTERLEAGUECleveland 4, Milwaukee 1Tampa Bay 5, Miami 4San Diego 5, Oakland 3AMERICAN LEAGUEBaltimore 5, N.Y. Yankees 1Chicago White Sox 8, Kansas City 2Detroit 10, Minnesota 8Toronto 10, Boston 8Seattle 4, Texas 3L.A. Angels 9, Houston 5NATIONAL LEAGUEN.Y. Mets 14, Philadelphia 1Atlanta 10, Washington 3Pittsburgh 3, Cincinnati 2San Francisco 4, Arizona 2St. Louis 7, Chicago Cubs 3Colorado 7, L.A. Dodgers 6NATIONAL BASKETBALL ASSOCIATION PLAYOFFSMilwaukee 118, Miami 115 (OT)L.A. Lakers 117, Houston 109NATIONAL HOCKEY LEAGUE PLAYOFFSDallas 1, Vegas 0WOMEN’S NATIONAL BASKETBALL ASSOCIATIONDallas 101, Washington 94 (OT)Seattle 103, Minnesota 88Los Angeles 86, Chicago 80MAJOR LEAGUE SOCCERNew York City FC 0, D.C. United 0 (Tie)Philadelphia 3, New York 0  Columbus 3, Cincinnati 0  New England 2, Chicago 1  Minnesota 4, Real Salt Lake 0  Nashville 0, Miami 0 (Tie)  Portland 2, Seattle 1  LA Galaxy 3, Los Angeles FC 0  Copyright © 2020, ABC Audio. All rights reserved.last_img read more


first_imgAny comments posted in this column do not represent the views or opinions of the City-County Observer or our advertisers.FacebookTwitterCopy LinkEmailShare We hope that today’s “READERS FORUM” will provoke honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way? WHATS ON YOUR MIND TODAY?Todays“Readers Poll” question is: Who was the most effective Mayor of the Evansville?Please go to our link of our media partner Channel 44 News located in the upper right-hand corner of the City-County Observer so you can get the up-to-date news, weather, and sports.If you would like to advertise on the CCO please contact us at City-County [email protected]: City-County Observer Comment Policy. Be kind to people. No personal attacks or harassment will not be tolerated and shall be removed from our site.We understand that sometimes people don’t always agree and discussions may become a little heated.  The use of offensive language, insults against commenters will not be tolerated and will be removed from our site.last_img read more

McCambridge boosted by Barclays funding

first_imgBakery group McCambridge has secured £6m funding from Barclays Bank to invest in its Soreen and own-label brands.The firm, which recently filed its accounts, has made an operating profit of £2.7m to 30 June 2009, compared to a £5.4m loss in its previous financial year. Group commercial director Neil Fraser told British Baker that McCambridge had gained support from its main investor, Barclays, to turn the business around. Part of the capital is being spent on new machinery in order to improve production efficiencies. “With the Soreen business we will also be investing in marketing to try and drive brand awareness,” explained Fraser. “It’s really a two-pronged plan commercial and operational.” Barclays has provided “the bulk” of funding for the project, with additional cash investment coming from McCambridge.Fraser explained that the Soreen business is slightly ahead in terms of the installation of new equipment, due to the seaso-nality of its own-label business, which manufactures products such as mince pies. For own-label, “the physical work will commence very early January, with expected completion in June”, he said.The sale earlier this year of six of its smaller bakeries, acquired when the firm bought cake firm Inter Link out of administration in 2007, has made “a big difference in terms of efficiency”, according to Fraser. He added that one of the future aims of the business was to have more “centres of excellence rather than trying to be all things to all men”.Fraser said that the firm’s entire business, plus its Irish and Polish operations which comprise its Creative Cake, own-label and Soreen divisions “are all on track”. And as the bulk of McCambridge’s business will be finished by Christmas, he added: “We’re quietly confident we’ll hit the numbers we’ve told investors we would this year.”last_img read more

US machinery firm sets sights on UK

first_imgUS machine supplier United Bakery Equipment (UBE) is on a mission to crack the UK market. The automated slicing and packaging equipment specialist plans to raise its profile after installing its first high-performance UBE band slicer at a leading UK plant baker. Peter Wallin, director of UK partner Habwood Technical Solutions, admitted that a previous version of the machine had struggled to cut softer British bread, but said this had been rectified. “Build design has changed and it now cuts really efficiently,” he said.The firm will embark on a tour of the major bakers in Britain and Ireland in a bid to convert bakers. “We’re very confident that it will prove successful, as the two people who have trialled the machine, have bought it. UBE fully recognises the importance of the UK market and is determined to make further inroads.”UBE’s 90-75 band slicer provides smooth, even slicing and is ideal for the British market, according to Wallin.“Slices are smooth and uniform because the 90-75 moves loaves through the blades at a slower penetration rate. A major benefit is that blades will last between three and four weeks rather than a typical 24 hours.”The machine sells for between $220,000 (£144,336) and $300,000 (£196,815) depending on the options.last_img read more