SuperGroup hit by costs

first_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Show Comments ▼ KCS-content SUPERGROUP shares dived yesterday as a warning over the rising costs of materials spooked investors despite a healthy profit update. The company – which owns the popular Superdry brand – has seen its shares soar since they were floated at 500p in March – raising £395m to bankroll its expansion.It made an underlying pre-tax profit of £13.5m in the six months to 31 October. That compares with analysts’ consensus forecast of £13.2m. SuperGroup said: “The autumn/winter collection has been well received by our customers in the UK and overseas, and our owned and franchised retail expansion is progressing as planned.”But some analysts went cold on the company after it warned that the cost of raw materials was putting it under pressure. Its shares dropped up to 17 per cent yesterday, eventually closing 10.9 per cent lower at 1.450p.The lack of an interim dividend was also seen by some as a disappointment. The retailer has opened four new shops and 13 concessions in the first half. Keith Bowman of Hargreaves Lansdown said: “Pre-tax profits appear to be at the high end of analyst expectations. Nonetheless, accounting issues and concerns over rising input costs – cotton prices in particular – appear to have taken the shine off the shares.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute Sharecenter_img Wednesday 15 December 2010 7:55 pm SuperGroup hit by costs whatsapp whatsapp Tags: NULLlast_img read more

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Committee raises concerns over planned Ukraine gaming tax rate

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Finally, it raised the issue of when these new taxes could be applied. The legislation was due to come into force from 1 April, meaning the implementation date already needed updating. However, the committee noted that taxes and fees cannot be changed during a budget year. According to the Budget Code of Ukraine, measures that reduce budgets must be implemented by 15 July, of the year before they are to be introduced.  The Committee has advised that the Rada address the concerns raised in its analysis.  Committee raises concerns over planned Ukraine gaming tax rate A parliamentary committee has warned that the proposed flat tax on gambling revenue in the Ukraine could hit state and local budgets, and necessitate government subsidies to make up the shortfall. The committee also claimed that by setting the tax on winnings at a particularly high rate, it could minimise returns from legal gambling to the state.  This also sets a tax on winnings over eight times the annual minimum wage in the country, or UAH48,000 (£1,223/€1,429/$1,745).  Furthermore, the removal of higher fees during a ‘transition period’ until the central monitoring system was in place would mean there was less funding for economic, social and cultural causes, it added.  However the Scientific and Expert Management Committee of the Verkhovna Rada argued that there was insufficient justification for reducing the tax burden on licensees. It said that gambling could have a negative social impact, and that tax policy should therefore be designed to limit consumption through higher duties. It should be set at a rate that ensures licensees make additional contributions to social projects, and which require the operator to raise the cost of its services to reduce the availability of gambling, the analysis states.  Casino & gamescenter_img The latest tax proposal, first put forward in February this year, standardises tax rates at 10% of gross revenue for all verticals, as opposed to the original plans for a rate ranging from 10% to 30% of gross revenue.  Regions: Europe Central and Eastern Europe Ukraine Email Address By reducing the funding available at state and local level, the committee claimed budgets would effectively be cut. Under Article 103 of the country’s Criminal Code, it noted, tax benefits that impact local budgets must be offset by government subsidies – something which it said there was currently no provision for in the tax proposal.  Topics: Casino & games Legal & compliance Lottery Sports betting Casino regulation Regulation Lottery regulation Sports betting regulation The amended tax proposal also cancels a planned hike in licence fees that would have applied until the country established a central monitoring system for gambling. This would have trebled the fees due for betting, online casino and slots licensees before this date.  Subscribe to the iGaming newsletter 21st May 2021 | By Robin Harrisonlast_img read more

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New Zealand score 45 second half points to CRUSH South Africa

first_imgSunday Oct 9, 2016 New Zealand score 45 second half points to CRUSH South Africa The All Blacks put in a rampant second half performance to blow the Springboks out of a Rugby Championship contest that was evenly matched on the scoreboard at halftime. When the black machine kicked into gear, they achieved a record 57-15 victory.In reality the home side were always just hanging on in that first half, applying good pressure but never really looking like threatening the tryline.The thumping, the highest score margin even between the two rivals, means that New Zealand have now won 17 Tests in a row, equalling the record that they have held twice before, and South Africa once. A victory over Australia in two weeks time could mean they set a record that few teams will be able to realistically challenge for some time to come.The All Blacks finished the Rugby Championship with a perfect clean sweep of six wins from six, all bonus point victories. In a year when they are supposedly rebuilding after losing a number of huge stars, the future looks bright, while everyone else has a lot of catching up to do.The Springboks were their own worst enemy at times though, making some poor decisions tactically and missing first time tackles all too regularly. Their defence wasn’t up to standard and attack looked stammered and rudderless.While Morne Steyn did his job with the boot, it wasn’t enough as the Boks lacked the confidence and perhaps mental edge to physically dominate the opposition – usually their strongest asset – and failed to back themselves when they had rare opportunities to set up driving mauls.On the flip side, their simply isn’t a team on the planet right now – except maybe the Fijian 7s side in that format – that can match this New Zealand team for skill and execution.They took tiny chances and turned them into points, punishing the home side for turnovers, poor tactical kicking and some ill discipline late in the game, after a frustrated looking dangerous clearout. It was a dark, pitch black day for Springbok rugby, the likes of which fans are starting to get used to.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error All Blacks Related Articles 40 WEEKS AGO North vs South should be a permanent fixture… 40 WEEKS AGO Barrett could easily end up on All Blacks… 42 WEEKS AGO Future All Blacks? Here are the standout… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe 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 InterestedOffensiveRepetitiveSubmitCancellast_img read more

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Obituary: A. Grace Lee Mims: a cultural treasure

first_imgPeople filled St. James African Methodist Episcopal church in Cleveland on Oct. 11 to celebrate the life of Dr. A. Grace Lee Mims. She was remembered as a gifted musical artist, educator, librarian, music scholar, radio host, aunt, sister, cousin, neighbor, friend, church member and more. Tributes and anecdotes painted a picture of a remarkable soprano voice, perfectionism, stubbornness, achievement and above all else generosity.Mims was highly regarded, in the city and beyond, for her advocacy for and preservation of African-American cultural heritage, especially the Negro spiritual tradition. For 43 years she hosted a one-hour show, The Black Arts, on classical music station WCLV — bringing Black culture to a wider audience.Along with her brothers, Clifton and Bill, and sister, Consuela Lee, Mims performed for many years with their ensemble, The Descendants of Mike and Phoebe, and recorded the album, “A Spirit Speaks.” The group’s name honored two enslaved ancestors whom the siblings learned about as children from their grandfather, William James Edwards, founder and first principal of Snow Hill Institute in Snow Hill, Ala.  Edwards was a protege of Booker T. Washington, who founded Tuskegee Institute in Tuskegee, Ala. A song on the 1973 album, now considered a jazz classic, paid tribute to the Attica rebellion.  Mims also recorded a 1981 solo album, “Spirituals.”Howard Mims and A. Grace Lee met while students at Hampton Institute, now Hampton University. After graduating in 1952, they married. Howard Mims founded the Speech and Hearing Department at Cleveland State University and for many years headed the African-American Studies Department and ran its Cultural Center. After his death in 2002, the center was renamed in his honor.The couple formed the Cleveland Chapter of the Hampton University Alumni Association, which has awarded over 100 college scholarships to area youth. A. Grace Lee Mims gave music lessons and assisted her students in entering college and pursuing musical careers. Several of her students attended the memorial, with one performing on the church organ and piano.Mims worked for decades as a librarian — in Detroit at Cleveland Public Library and for ten years in Cleveland Public Schools at Glenville High School. The Glenville neighborhood is perhaps best-known for the 1968 rebellion against racist police brutality. While at Glenville High, she coordinated the Black Arts Festival, assembled Ohio’s largest collection of books on African-American history and culture, and helped launch the first Afrocentric lecture course in CPS. Black celebrities, including Muhammad Ali, participated in the Black Arts Festival.Mims later earned a master’s degree from Case Western Reserve University and was awarded an honorary doctorate in music from Cleveland State University in recognition of her many contributions to the arts and arts education.At 89 Mims was still producing her radio show, taping two shows every other week. It was on Oct. 3, after she did not show up at the WCLV studio as expected, that she was found dead in her home.Monica Moorehead, a WW managing editor and Mims’ niece, told WW, “My aunt was sympathetic to not only the plight of Black people but to people of color around the world.  She loved to talk politics around the dinner table during our visits to Snow Hill. I will always cherish our time together, from when she took me to a jazz concert when I was 16 years old until she came to a Cleveland campaign rally in 2016 — at the age of 86 — to hear me speak as the presidential candidate for Workers World Party.  She was a very special aunt and woman.”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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Can the organics survive the current economy?

first_imgEmail Print NewsCan the organics survive the current economy?By admin – April 10, 2009 722 Twitter Linkedin WhatsAppcenter_img Advertisement IT’s the dreaded and now, quite annoying, “R” word, but it has hit everything in its wake. Probably because we have let it. Food, is no different and as we get cuter with our purchases, some will let the luxury of good sound choices slip them by as they aim to make their money go further. Top of the list for the chop would be your free range meats and most likely your organic produce. Some producers may differ and others will agree, but figures released recently can indicate a slight decline in organic sales.Sign up for the weekly Limerick Post newsletter Sign Up In Ireland, the decline is apparent but not fully quantified, but in the UK, sales of organic products present a mixed picture, according to a major report published by the Soil Association.Organic food sales have been hit across all sectors, as consumers tighten their belts in the face of the economic downturn. 2008 saw sales in both regions marginally rise by close on two per cent, but this statistic must be seen in the context of overall food price rises rather than sales volume increases.Industry analysts have said that this has been a really difficult period for all retail, and organic sales have suffered along with the rest of the economy. Reports of this nature describe a very mixed picture as consumers react to the financial crisis. But those consumers who are committed to organic products appear to be staying loyal. This shows the underlying resilience of the organic market, which it is believed will grow again once the economy picks up.Figures would suggest that the organic participants have their fan base and those that choose it as a way of life, but it also shows that the increase in conversion is not that forthcoming as people still adopt a “wait and see attitude”.Th UK based organic body, the Soil Association, issued a report recently and it shows there has been a sharp fall in sales of certain products, including fruit, bread and bakery products, soft drinks and prepared foodstuffs, although even in these sectors, some brands are bucking the recessionary trend. In tandem there has been dynamic growth in sales of organic food through farmers’ markets where figures increased an estimated 19 per cent.Tesco is still the market leader in terms of value despite a fall in organic sales of 9.9% in 2008. Other smaller areas of organic production such as textiles and health and beauty products have also experienced very significant growth.Organic shoppers, like all consumers, have been buying fewer premium products and prepared foods, and switching to lower-cost retailers. There is also a focus on cutting waste and cooking from scratch – sales of organic home cooking ingredients increased by a remarkable 13.5% in 2008, while sales of organic prepared foods dropped sharply.Core consumers who may be cutting back are still determined to stick to their organic principles. Over one third of committed organic consumers say they expect to spend more on organic food in 2009, and only 15% expect to spend less. Animal welfare issues attracted a high public profile in 2008 and sales of organic milk, cheese, some meat and poultry grow by 10.6%, 11.5%, 13.3% and 17.7% respectively, demonstrating that where the benefits of organic production are understood commitment remains firm among ethical consumers.Research shows that over a quarter of consumers who do not currently buy organic food “would like to know more about organic products than they do” suggesting potential to broaden the market still further in the future.Whilst volatility in the organic market looks set to remain in 2009, environmental and political challenges to our current food and farming systems will demand that we develop sustainable production methods in the future. Governments have agreed to cut greenhouse gas emissions by 80% by 2050. Such cuts can only be achieved in agriculture by deriving fertility from sunshine and organic matter – as organic farmers do – rather than from fossil fuel-based chemical fertilisers. That is a core belief of the organic way and one that they encourage leaders to exploreOrganic farms like all business face uncertainty and volatility. But there are still significant opportunities in some areas – fruit and arable for instance and in developing genuinely local and regional supply networks. Collaboration will also be key to the success of many farm businesses. Facebook Previous articleThe Expert Comment – Paul NestorNext articleOne giant step into Limerick city adminlast_img read more

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Carl McHugh’s ‘fairytale’ date with Wembley

first_img Google+ WhatsApp WhatsApp 365 additional cases of Covid-19 in Republic Google+ Carl McHugh’s ‘fairytale’ date with Wembley Pinterest By News Highland – January 23, 2013 Pinterest Gardai continue to investigate Kilmacrennan fire News Facebookcenter_img Further drop in people receiving PUP in Donegal Twitter Previous articleSoccer – McHugh and Bradford Reach Wembley FinalNext articleIrish Cancer Society confirms 125 thousand euro centre for Letterkenny News Highland Man arrested on suspicion of drugs and criminal property offences in Derry Facebook Donegal’s Carl Mc Hugh played his part as Bradford knocked Aston Villa out of the league cup to reach Wembley for next months Final.Villa won last nights semi final second leg 2-1 but they lost 4-3 on aggregate.That means the league two side are the first side from the fourth tier in English football to reach a major final since 1962.Lifford’s Shay Given and Ciaran Clark who has connections in Milford both started the game for Villa.It’s been a major turn around for Mc Hugh who suffered numerous set backs last season and only broke into the first team before the win over Wigan earlier in the campaign.Speaking with Chris Mc Nulty afterwards Carl said it is a fairytale come true to reach Wembley:[podcast]http://www.highlandradio.com/wp-content/uploads/2013/01/carl-mchugh.mp3[/podcast] Twitter RELATED ARTICLESMORE FROM AUTHOR 75 positive cases of Covid confirmed in North Main Evening News, Sport and Obituaries Tuesday May 25th last_img read more

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Brothers amongst four stabbed in Strabane

first_img Pinterest 365 additional cases of Covid-19 in Republic Pinterest Further drop in people receiving PUP in Donegal Twitter Main Evening News, Sport and Obituaries Tuesday May 25th Facebook Facebook 75 positive cases of Covid confirmed in North Previous articleAnger as Nationalist songs are played over shopping centre’s PA systemNext articleConcern over Donegal’s small schools as review process nears conclusion News Highland Twitter Google+center_img Brothers amongst four stabbed in Strabane WhatsApp RELATED ARTICLESMORE FROM AUTHOR Newsx Adverts Two men remains in hospital following a Stabbing incident in Strabane last night.A total of four men were stabbed in the Abercorn Square area of Strabane after a large number of people were involved in a disturbance outside a bar in the area at about 9.30pm last night.The two men in hospital are brothers from the town and are said to be in a serious condition, however their injuries are not life-threatening.Police have appealed for anyone with information to contact them.Strabane councillor Eugene McMenamin says the incident has shocked the community:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/03/eug1pm.mp3[/podcast] Man arrested on suspicion of drugs and criminal property offences in Derry Google+ WhatsApp By News Highland – March 18, 2011 Gardai continue to investigate Kilmacrennan firelast_img read more

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Uber driver allegedly tries to kidnap passenger in Boston: Police

first_imgchameleonseye/iStockBy EMILY SHAPIRO, ABC News(BOSTON) — An Uber driver accused of locking a woman inside his car is due to make his first court appearance on Monday.Kamal Essalak, 47, of Acton, Massachusetts, was arrested for kidnapping on Saturday, Boston police said.The victim told authorities that when she got into the car on Thursday, she thought the driver was “behaving strangely” so she “requested to be dropped off and let out,” Boston police said.When the suspect stopped the car, the woman tried to open the door, but the child safety locks had been activated in the back, police said.“As the victim began to scream and bang on the glass in an attempt to draw attention to the unfolding situation, the suspect began to climb into the rear passenger area of the vehicle, laughing periodically,” police said.The woman quickly slid around the suspect and into the driver’s seat, where she was able to unlock the door and flee, police said.Uber said in a statement to ABC News, “What’s been reported is horrifying and something no one should have to go through. As soon as we became aware, we immediately removed this driver’s access to Uber.”Essalak’s attorney told ABC Boston WCVB affiliate that “he is a family man and this is completely out of the blue,” calling it a “shocking accusation.”Copyright © 2021, ABC Audio. All rights reserved.last_img read more

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Sediment dispersal patterns in part of a deformed Mesozoic back-arc basin on South Georgia, South Atlantic

first_imgThe Cumberland Bay Formation is a deformed Late Jurassic-Early Cretaceous volcaniclastic turbidite formation several kilometers thick. It has been interpreted as the fill of a back-arc basin which was active on the southwest margin of Gondwana. Sole marks, oriented fossil wood, and small channels identified the paleocurrent directions, and slump folds indicated the paleoslope. Sole marks show a southeast-northwest trend parallel to the axis of the island; unambiguous current-direction indicators show that the “axial” dispersal was towards the northwest. Paleocurrent distributions are bimodal, there is a “lateral” mode at a high angle to the axial-mode in most areas. Beds bearing lateral-mode sole marks are thicker than those with only axial-mode sole marks. Fossil-wood and channel orientations indicate a major axial dispersal pattern. Slump folds show that over much of the outcrop, paleoslopes were roughly northerly. The overall paleocurrent pattern defines a curve concave to the southwest which parallels the shape of the island; this pattern may reflect original basin shapelast_img read more

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U.S. Energy announces asset acquisition

first_imgThe acquired Properties consist of select upstream assets of FieldPoint Petroleum and were acquired pursuant to Fieldpoint’s Chapter 7 bankruptcy process U.S. Energy closed a transaction to acquire operated and non-operated producing assets. (Credit: Gerd Altmann from Pixabay) U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy” or the “Company”) announced that the Company has entered into an Asset Purchase Agreement and closed a transaction (the “Transaction”) to acquire operated and non-operated producing assets (the “Properties”) primarily located in Lea County, New Mexico and Converse County, Wyoming. The acquired Properties consist of select upstream assets of FieldPoint Petroleum Corporation (“FieldPoint”) and were acquired pursuant to Fieldpoint’s Chapter 7 bankruptcy process.Acquisition HighlightsProved Developed Producing (“PDP”) reserves estimated at approximately 237,263 barrels of oil equivalent (Boe) (63% oil).PDP PV-10 estimated at $2.5 million.Lea County, New Mexico assets comprise approximately 82% of total PDP volumes.Converse County, Wyoming assets comprise approximately 15% of total PDP volumes.Assets acquired for $500,000 in cash.“We are pleased to announce this acquisition, which represents U.S. Energy’s second acquisition of 2020 and follows our previously stated strategy of seeking to acquire assets that represent mature, PDP heavy properties which we believe have significant upside potential from existing operations,” said Ryan Smith, Chief Executive Officer of U.S. Energy, who continued, “The Properties, acquired at an approximate 80% discount to their current PDP PV-10 reserve value, add reserves and immediate free cash flow, with operated acreage positions that are held by production to provide optionality for future opportunities. As we continue to execute our consolidation strategy moving forward in 2020 and into 2021, U.S. Energy will continue to pursue attractive opportunities that allow for capital efficient growth and increased shareholder value, while maintaining a low-cost corporate structure and clean balance sheet.”Acquired Properties OverviewAs of August 1, 2020, the Properties had total estimated proved reserves of approximately 237,263 Boe (63% oil), all of which are Proved Developed Producing reserves, and had a present value of estimated future net revenues before income taxes discounted at 10% (“PV10”) value of approximately $2.5 million. The properties are 59% non-operated and 41% operated, with the non-operated assets being operated primarily by Cimarex Energy and ConocoPhillips in Lea County, New Mexico.The consideration paid at closing by U.S. Energy consisted of $500,000 in cash. Source: Company Press Releaselast_img read more

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