Crown Paints Kenya (BERG.ke) 2019 Abridged Report

first_imgCrown Paints Kenya (CRWN.ke) listed on the Nairobi Securities Exchange under the Building & Associated sector has released it’s 2019 abridged results.For more information about Crown Paints Kenya (CRWN.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Crown Paints Kenya (CRWN.ke) company page on AfricanFinancials.Document: Crown Paints Kenya (CRWN.ke)  2019 abridged results.Company ProfileCrown Paints (Kenya) Limited manufactures and sells a range of paints and adhesives for the home decor, construction and industrial sectors. The company supplies markets in Kenya, Uganda, Tanzania, Burundi, Mozambique, Rwanda, Somali, South Sudan and the DRC. Its retail paint range includes emulsion water-based paints, roof paint, wood finishes, textured finishes and special effects, floor paints and gloss/oil-based paints. Its construction and industrial division range includes Polyfilla, primers, undercoats, fillers and skimming products as well as an automotive range which includes metallic paint and 2K acrylic systems and nitro cellulose systems. Other products produced by Crown Pains Kenya include paint for road markings, and applications for tiles, leather, wood, fabricators and paper. Service operations include computerized tinting machines capable of dispensing a range of over 6 000 shades in a few minutes. Formerly known as Crown Berger Kenya Limited, the company changed its name to Crown Paints Kenya Limited in 2012. The company has its head office in Nairobi, Kenya. Crown Berger (Kenya) Limited is listed on the Nairobi Securities Exchangelast_img read more

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The AstraZeneca share price nears its all-time high! Here’s what I’d do now

first_img Our 6 ‘Best Buys Now’ Shares See all posts by Zaven Boyrazian 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. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Zaven Boyrazian does not own shares in AstraZeneca. 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. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Enter Your Email Addresscenter_img The AstraZeneca (LSE:AZN) share price is approaching July’s all-time high following last week’s earnings announcement. It pushes the firm’s heady valuation even higher to a P/E ratio of 68. This certainly makes the stock look expensive on paper, but let’s take a closer look to see what’s going on.The rich AstraZeneca share priceAs a quick reminder, AstraZeneca is a pharmaceutical company. Through extensive research and development, it discovers, develops, and sells a wide range of drugs, focusing primarily on immunology and oncology.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…In 2020, much like many other pharma giants, the firm has been pursuing a Covid-19 vaccine. This is likely a contributing factor to the rich valuation. However, management has committed to a non-profit vaccine launch. Therefore it’s unclear as to how much value the vaccine will actually add.But there’s more to AZN than just a Covid vaccine. In the latest earnings report, the business appeared to be doing exceptionally well, despite the pandemic. Total revenue was up 10%, primarily driven by new medicines.Seeing revenue originating from new drugs is an excellent sign. On average, it costs around $1.3bn to bring a medicine to market – an expensive investment that doesn’t always pay off. As of October, an additional $2.6bn in revenue has originated from new products this year.The portfolio continues to expand, with four new regulatory approvals in 2020, a further six submissions yet to be reviewed, and four more drugs in phase-three trials.The potential revenue from these new drugs, in combination with continued growth in older segments around the world, has analysts predicting $30bn total revenues at the end of 2021. Assuming the company maintains its most recent 19% operating profit margin, this forecast would lead to an estimated $5.7bn in profits (before taxes).Based on today’s share price, that would put the forecast pre-tax P/E ratio at approximately 26 times (adjusting for exchange rates).This certainly makes the current AstraZeneca share price more palatable, but only if it can meet shareholder expectations.A problem with financialsThe immense cost of drug development requires continual funding that the firm’s cash flow hasn’t been able to cover.As such, AstraZeneca is heavily reliant on debt financing. Debt currently represents 58% of the capital structure which adds additional pressure. However, this level of debt is quite common in the industry and not what I’m concerned about.My concerns surround the dividend policy. The stock has consistently paid out more in dividends than it makes in profits, using reserves and debt to make up the difference. This behaviour is unsustainable and is likely the primary reason why dividends have been cut numerous times in the past.The bottom lineOverall, I think the business is doing very well and will continue to thrive in the future. The new drugs entering the market present many opportunities to grow. Also, operations continued to be streamlined, eliminating expenses leading to higher margins.However, based on current and predicted performance, I believe the share price is simply too high. 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. Image source: Getty Images The AstraZeneca share price nears its all-time high! Here’s what I’d do now Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Zaven Boyrazian | Wednesday, 11th November, 2020 | More on: AZN last_img read more

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2 UK shares to buy with £2k

first_img2 UK shares to buy with £2k Learn how you can grab this ‘Top Income Stock’ Report now Image source: Getty Images Rupert Hargreaves | Sunday, 13th June, 2021 | More on: IGG RIO 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. If I had £2k to invest today, I’d want to buy UK shares that are positioned to profit from the economic recovery. Here are two stocks that I believe meet this objective. 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…UK shares to buy The first company on my list is the financial services group IG Group (LSE: IGG). I think this business should profit from two tailwinds as we advance.First of all, economic growth could translate into higher company profits, which might justify more stock market trading, especially in UK shares. At the same time, economic growth may leave consumers with more discretionary income. This could also lead to more investment and trading activity. As well as these tailwinds, IG is also using its financial firepower to expand overseas. As a result, bolt-on deals may help boost the group’s overall growth. That said, by expanding overseas, the company risks entering markets it does not understand. This could lead to losses and write-downs on the acquisitions. Moreover, in the worst-case scenario, IG could fall foul of regulators, which may have negative repercussions. Despite these risks, I think the company is one of the best UK shares to buy today due to its exposure to the global economy. As such, I would buy IG Group for my portfolio. The stock also currently offers an attractive dividend yield of 5%. Booming demandThe other company I would buy for my portfolio of UK shares is the iron ore mining giant Rio Tinto (LSE: RIO). As the global economy has started to open up after the pandemic, countries worldwide have unleashed colossal economic stimulus plans to try and rekindle growth.As a result, the prices of essential commodities such as copper and iron ore have skyrocketed. This has been great news for iron ore producers like Rio, which has some of the lowest production costs in the world. I think this implies the company is on track to report outstanding profits this year. In the past, the business has returned exceptional profits to investors through special dividends.While past performance should never be used as a guide to future potential, this suggests that management could reward shareholders if the company does earn exceptional profits in 2021. Unfortunately, commodity prices are incredibly unpredictable. As such, while Rio might be on track today for a record performance this year, that could change quickly. And if the price of iron ore completely collapses, the company’s profits could turn into losses. Most UK shares are not exposed to this kind of risk, which means this investment may not be suitable for all. However, despite the enterprise’s risks, I would buy the stock for my portfolio of UK shares today, considering its income and growth potential. I think the company could be one of the best ways to invest in the global economic recovery over the next few years.   The Motley Fool UK’s Top Income Stock… Rupert Hargreaves has no position in any of the shares mentioned. 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.center_img Our 6 ‘Best Buys Now’ Shares We think that when a company’s CEO owns 12.1% of its stock, that’s usually a very good sign.But with this opportunity it could get even better.Still only 55 years old, he sees the chance for a new “Uber-style” technology.And this is not a tiny tech startup full of empty promises.This extraordinary company is already one of the largest in its industry.Last year, revenues hit a whopping £1.132 billion.The board recently announced a 10% dividend hike.And it has been a superb Motley Fool income pick for 9 years running!But even so, we believe there could still be huge upside ahead.Clearly, this company’s founder and CEO agrees. 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. Enter Your Email Address Simply click below to discover how you can take advantage of this. See all posts by Rupert Hargreaveslast_img read more

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Church in Brazil gives Lent environmental focus

first_img Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Hopkinsville, KY Director of Administration & Finance Atlanta, GA An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Youth Minister Lorton, VA Rector and Chaplain Eugene, OR Associate Rector Columbus, GA Church in Brazil gives Lent environmental focus Family Ministry Coordinator Baton Rouge, LA Priest-in-Charge Lebanon, OH Submit a Job Listing Rector Pittsburgh, PA Tags Submit a Press Release In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Director of Music Morristown, NJ Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET New Berrigan Book With Episcopal Roots Cascade Books Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Featured Jobs & Calls Rector Collierville, TN Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Featured Events Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Cathedral Dean Boise, ID AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis [Anglican Communion News Service] The Anglican Church in Brazil – the Igreja Episcopal Anglicana do Brasil – has teamed up with its national ecumenical partners to focus on the environment in the run-up to Easter. In his Lent message, the Primate of Brazil, Archbishop Francisco de Assis da Silva, says that members of the National Council of Christian Churches in Brazil had adopted Our Common Home: Our Responsibility as their theme for their Lent reflections.“This topic is a recurrent theme not only in the Anglican Communion but in the World Council of Churches, in the Orthodox Church, as well as in in other religions,” Archbishop da Silva says. “Our society is more and more concerned with the course our civilization is taking in terms of the sustainability of life.“To take care of nature is to have proactive attitudes in the care of the environment, and it is an essential part of our witness as Anglicans. This is imperative for us as individuals, as well as communities, dioceses, and provinces.“In order to confront the neglect of the environment, it requires that we exercise our civil duty as citizens that we demand from our political leaders the use of adequate resources to improve the quality of life of the people. This means to ask that the well-being of the society as a whole be prioritized instead of fostering a culture of profits for the sake of profiting.”Archbishop da Silva said that a “lack of public policies regarding basic sanitation and waste Management” was the fundamental cause of the spread of the Zika and Chikungunya viruses, along with “the responsible way in which the sources and courses of our rivers and springs are managed.”He continued: “All this could be overcome with education and public policies that take into consideration the preservation of the environment.”He recommended the Anglican Communion Environmental Network’s Carbon Fast for Lent with its forty challenges to “reduce actions that damage God’s creation” along with daily scripture and prayer. “I recommend that these challenges be taken on by the whole Church,” he said. “These are simple steps and gestures that reduce carbon emissions, one of the main causes of the climate change.” Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Smithfield, NC Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Martinsville, VA Rector Belleville, IL Assistant/Associate Rector Washington, DC Rector Albany, NY Rector Washington, DC Associate Rector for Family Ministries Anchorage, AK Bishop Diocesan Springfield, IL Curate (Associate & Priest-in-Charge) Traverse City, MI Course Director Jerusalem, Israel Rector Shreveport, LA South America Environment & Climate Change, Curate Diocese of Nebraska Associate Priest for Pastoral Care New York, NY This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Missioner for Disaster Resilience Sacramento, CA Rector Knoxville, TN Press Release Service Assistant/Associate Priest Scottsdale, AZ The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Rector (FT or PT) Indian River, MI Advocacy Peace & Justice, Submit an Event Listing Lent, Priest Associate or Director of Adult Ministries Greenville, SC Anglican Communion, Assistant/Associate Rector Morristown, NJ Rector/Priest in Charge (PT) Lisbon, ME Rector Bath, NC Posted Feb 11, 2016 Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Tampa, FL Canon for Family Ministry Jackson, MS TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab last_img read more

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Tipton County Corn Harvest 2 Weeks Away

first_img Previous articleTipton County Field UpdateNext articleDrought Puts New Technology to the Test Andy Eubank SHARE Facebook Twitter Facebook Twitter By Andy Eubank – Aug 30, 2012 A phone call Thursday for a central Indiana HAT Field Update yielded some observations on Iowa crops too. John Hussey was making his way home from the Farm Progress Show via the Iowa and Illinois countryside, and he has seen a lot of good crops during his trip.“We do see some crops under stress but not like I thought I would see, and according to what I heard at the show I will see that as we go through southeastern Iowa through Illinois. We will see a lot of stressed crops. But we have not seen the heavy stress yet that we kind of thought we would see.”Back home in Tipton County the corn and soybeans look good and harvest is a couple of weeks away.“I just got a message that about the 20th of September our soybeans will be ready and probably around the 15th we might have some corn ready. But the crops are progressing at a much slower pace just because it’s cooled off some, we got some much needed rain, and it has slowed the crop maturity down considerably. Where we thought we would be harvesting right after Labor Day, we’re not going to be able to do that.”Once they start to see yield numbers on the monitor Hussy expects they will be more than acceptable.“Now I’m not looking for the crop we had last year which was very good in our area. I do think that we had enough stress in pollination that we do not have the pollination we should, but I think what we have and looked at, our crop is going to be good.”And what they’ve seen indicates well developed ears with good kernel depth and test weight. Hear more in the HAT Field Update at the Agronomy page, sponsored by Advanced Ag Solutions.[audio:https://www.hoosieragtoday.com//wp-content/uploads//2012/08/John-Hussey-harvest-in-2-weeks.mp3|titles=John Hussey harvest in 2 weeks]Audio Playerhttps://media.blubrry.com/hoosieragtoday/p/www.hoosieragtoday.com//wp-content/uploads//2012/08/John-Hussey-harvest-in-2-weeks.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Podcast: Play in new window | Download | EmbedSubscribe: RSS Tipton County Corn Harvest 2 Weeks Away SHARE Home Indiana Agriculture News Tipton County Corn Harvest 2 Weeks Awaylast_img read more

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Blogger sentenced to two years in prison

first_img Receive email alerts June 4, 2021 Find out more Organisation A district court in the western city of Ganja yesterday sentenced the blogger Bakhtiyar Hajiyev to two years in prison on a charge of evading military service. Hajiyev reacted calmly to the verdict, describing it as “unjust and politically motivated.” His brother said he would appeal.————–Netizen Bakhtiyar Hajiyev refused bail29 April 2011A second hearing in netizen Bahthiyar Hajiyev’s trial before a Nizami district court in the city of Ganja was held yesterday. Facing a charge of desertion (under article 321.1 of the penal code) brought against him in January, he was arrested on 4 March after calling on Facebook for demonstrations against the government. He faces two years behind bars if convicted.A graduate of Harvard and a former opposition candidate, Hajiyev has complained of being a victim of a politically-motivated trial linked to his online activities. In November 2010, he posted videos on social networks in which he condemned the results of legislative elections.During yesterday’s hearing, Hajiyev was allowed to take a seat next to his lawyers. Judge Emin Akhundov permitted a small amount of video footage to be taken but otherwise banned all forms of recording during the session. Hajiyev’s request for bail was turned down. A request for all charges to be dropped was not even examined by the court.Hajiyev, whose trial began on 19 April, complained of being the victim of repeated violence while held in prison and of being threatened with rape. The judge however refused to call witnesses over the conditions of his detention.His pre-trial detention has been extended twice. His lawyers have appealed against these decisions to the European Court of Human Rights.Reporters Without Borders urges the Azerbaijani authorities to release Hajiyev immediately and to drop the charges against him. The organization calls on the government to respect the international conventions that it has ratified by respecting freedom of expression. June 8, 2021 Find out more RSF_en AzerbaijanEurope – Central Asia Follow the news on Azerbaijan Russian peacekeepers deny foreign reporters access to Nagorno-Karabakh News to go furthercenter_img News RSF calls for a fully transparent investigation after mine kills two journalists in Azerbaijan May 19, 2011 – Updated on January 20, 2016 Blogger sentenced to two years in prison April 9, 2021 Find out more “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says News AzerbaijanEurope – Central Asia News Help by sharing this information last_img read more

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PBAA to host Valentine’s fundraiser

first_img Permian Basin Apartment Association logo The Permian Basin Apartment Association has scheduled a special Valentine’s Day event featuring interactive theater and dinner.The professional improv group, the Murder Mystery Company, performs thrilling mysteries across the nation. Interactive theater is an immersive experience that includes the audience in the play. That means that anyone can be a witness, a suspect, a detective, or even the murderer!The theme of this party is “’Til Death Do Us Part,” partakers attend a wedding reception where the “murder” occurs. Partygoers will be served a delicious dinner and devious murder mystery that includes everyone in the room The event will be held from 7 p.m. to 10 p.m. Wednesday at the Hilton Garden Inn, 1301 N. Loop 250, Midland.Proceeds benefit the American Red Cross Serving the Permian Basin. The Red Cross responds to home fires and provides comfort and financial assistance to residents of the Permian Basin.Individual tickets are $75.Sponsorship opportunities are available. Event sponsor, $2,500; Corporate sponsor, $1,250; or Table sponsor, $750.Sponsorships, tables, and individual tickets are available through the Permian Basin Apartment Association by calling 432-563-1278. Pinterest PBAA to host Valentine’s fundraiser Local NewsEntertainment Facebook Facebook WhatsApp By admin – February 13, 2018 Pinterest Twitter Twitter WhatsApp Previous articleValentine’s in ValentineNext articleFive things you need to know today, Feb. 13 adminlast_img read more

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The Industry Pulse: Updates on Freddie Mac, Ocwen, and More

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago ACES Risk Management Company News Dyck-O’Neal Freddie Mac Ocwen The Industry Pulse USMI 2018-06-27 David Wharton Share Save Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago From new appointments and research to new technology and rule changes, get the latest buzz on the industry in this weekly update.Freddie Mac announced a new partnership with re-employment solutions company NextJob to provide job search assistance to current and aspiring homeowners living in high-needs and other persistent poverty areas. The initiative, undertaken as part of Freddie Mac’s three-year Duty to Serve plan, serves as an expansion of the partnership between the two companies that will help financially distressed homeowners in these underserved markets.“While some parts of the country are benefitting from low unemployment rates, many rural areas continue to see limited opportunities and flattening or declining wage growth,” said Mike Dawson, VP of Single-Family Affordable Lending Strategies and Initiatives at Freddie Mac. “Through our work with NextJob, and by partnering with leading local organizations on the front lines of this problem, we are capitalizing on the success of our past employment programs to help the next frontier of unmet workforce development needs. This partnership will provide meaningful opportunities to create and sustain homeownership for families across rural America.”________________________________________________________________________________Ocwen Financial Corporation, a leading financial services holding company headquartered in West Palm Beach, Florida, will again join forces with the NAACP to host a borrower outreach event in Philadelphia, Pennsylvania to help families having trouble making their mortgage payments.“Over the last three years, Ocwen and the NAACP have worked together on our “Help & Hope for Homeowners” initiative, which helps homeowners explore responsible loan modifications options to remain in their homes,” Jill Showell, SVP of Government and Community Relations at Ocwen said. “We urge Ocwen customers to attend this event, and have the opportunity to work one-on-one with trusted advisors to make your mortgage payments more affordable.”The event, which is part of Ocwen’s “Help & Hope for Homeowners” initiative with the NAACP, is designed exclusively for Ocwen customers and will be held from 9:00 a.m. – 3:00 p.m., EDT, on Saturday, June 23, at Bright Hope Baptist Church, located at 12th Street & Cecil B. Moore Avenue in Philadelphia near Temple University.________________________________________________________________________________Washington-based association U.S Mortgage Insurers(USMI) has announced that Bradley Shuster, Chairman, and CEO of National Mortgage Insurance Corporation (National MI) will serve as the association’s Chairman. He succeeds Patrick Sinks, CEO of Mortgage Guaranty Insurance Corporation (MGIC) and will be supported in his efforts by Vice Chair, Richard Thornberry, CEO of Radian Group Inc.According to USMI, Shuster’s appointment comes at a “significant time in the housing finance system, which remains at the center of national policy debates.””The housing finance system continues to strengthen and make enhancements to safety and soundness that make it more resilient, and the private mortgage insurance industry has played a significant role in these improvements,” Shuster said after his appointment. “As policymakers consider how to put the housing finance system on a sustainable, long-term path for the future, I am excited to serve as USMI’s Chairman to continue to champion the important role private mortgage insurance plays–and will continue to play–in facilitating responsible low down payment lending while protecting the government and taxpayers against mortgage credit risk.”________________________________________________________________________________Florida-headquartered Aces Risk Management (ARMCO) has promoted Sharon Reichhardt, the company’s director of client services to the position of VP, Client Success. In her new role, Reichhardt will manage ongoing adoption by customers of the full feature-set of the ACES Audit Technology platform, ARMCO’s flagship product. She will also oversee ARMCO’s professional services division, which focuses on expanding usage and understanding of the company’s technology and data products by working closely with clients to configure the ACES platform for maximum efficiency and return on investment.“As a former client, Sharon knows firsthand the operational challenges that the industry faces and how ACES can be leveraged to save costs, introduce efficiency and transparency and reduce risk to financial institutions,” said Avi Naider, CEO, ARMCO. “With her vast experience implementing ACES across multiple divisions at a large bank and across multiple clients as a director, Sharon is the perfect fit for this important position at the company.”Reichhardt brings over 25 years of mortgage industry experience to her post. Prior to joining ARMCO, she spent 20 years at EverBank, where she held various management level positions, primarily in quality control. During her tenure at EverBank, Reichhardt was the primary administrator of the ACES platform across several divisions at the bank.________________________________________________________________________________Dyck-O’Neal, Inc., a Texas-based subsidiary of The Prescott Group, recently celebrated its 30th anniversary, following a year of growth and expansion. Originally founded in 1988 as a debt recovery firm specializing in the nationwide resolution of commercial and consumer judgments, deficiencies, and charge-offs, the company has evolved over the years and now purchases and services a variety of performing, sub-performing, and non-performing loans.In 1993, Dyck-O’Neal partnered with the FDIC in their JDC program, working to resolve and recover on portfolios of loans from failed financial institutions. Dyck-O’Neal’s partnership with the FDIC continues today, and the company also offers a full scope of loan resolution services, including turnkey portfolio review, servicing, and recovery for acquired portfolios and whole-loan purchases, providing services for the GSEs, FDIC, mortgage insurers, banks, private equity firms, mortgage REITs, and investors nationwide.“Dyck-O’Neal’s growth has been driven by our strategic approach to putting borrowers first when settling or servicing real estate debt,” said Jori O’Neal, Founder. She added, “Our professional staff helps families improve their credit and live a better life.” David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post About Author: David Wharton Demand Propels Home Prices Upward 2 days ago The Industry Pulse: Updates on Freddie Mac, Ocwen, and More The Best Markets For Residential Property Investors 2 days agocenter_img Related Articles June 27, 2018 2,029 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, News Home / Daily Dose / The Industry Pulse: Updates on Freddie Mac, Ocwen, and More Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Foreclosure Trends on the Horizon Next: The Ongoing Struggle of Pending Home Sales Tagged with: ACES Risk Management Company News Dyck-O’Neal Freddie Mac Ocwen The Industry Pulse USMI Subscribelast_img read more

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COVID19 : Karnataka High Court Extends Time For Rectification Of Office Objections

first_imgNews UpdatesCOVID19 : Karnataka High Court Extends Time For Rectification Of Office Objections Mustafa Plumber12 May 2021 9:06 PMShare This – xThe Karnataka High Court on Wednesday restored the proceedings in the public interest litigation initiated on its own to address various legal and technical issues that arose before the district and trial courts, from June 1 2020, when they started ‘limited functioning’, in the state. The court had by an order dated January 15, observing that “We hope that in the future this court will not be required to initiate such suo-motu proceedings,” had closed the proceedings. A division bench of Chief Justice Abhay Oka and Justice Suraj Govindaraj today said, “Considering the situation created by the second wave of COVID-19, further directions are required to be issued for the smooth functioning of the Courts and for the benefit of the litigants and the members of the bar. Accordingly, by recalling the order dated 15th January 2021, we restore the petition.” The court added “Due to the lockdown announced by the Government of Karnataka, the members of the bar are not able to enter the High Court complexes for rectification of the office objections.” Accordingly it issued the following directions: (i) In all those cases where while passing the peremptory orders for rectification of the office objections, time granted to rectify the same has expired or is likely to expire during the period from 26th April 2021 till 11th June 2021 (both days inclusive), the time granted stands extended till 25th June 2021. (ii) We make it clear that all the cases which were dismissed due to non-rectification of office objections due to the expiry of the period provided in peremptory orders during the period from 26th April 2021 till today (both days inclusive), the same shall be treated as restored and the above extension will be applicable to the said cases. (iii) For the time being, we direct that the office objections except the objections regarding maintainability and Court fee shall not be raised in any criminal matters. However, when the criminal matters are placed before the respective Benches, if a direction is issued by the Court for rectification of certain objections, the same will have to be rectified; (iv) Wherever time is granted by the Court for rectification of the office objections which has expired or is likely to expire between the period from 26th April 2021 till 11th June 2021 (both days inclusive), the same shall stand extended till 18tth June 2021; (v) The above directions shall apply to the Principal Bench at Bengaluru as well as the Benches at Kalaburagi and Dharwad of the High Court of Karnataka.Click Hear To Download/Read OrderTagsKarnataka High Court Suo-Motu Various Legal And Technical Courts In Karnataka Chief Justice Abhay Oka Justice Suraj Govindaraj Next Storylast_img read more

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Suspect in murder of University of Illinois at Chicago student became ‘angry’ when she ignored his catcalls: Prosecutors

first_imgUIC Police(CHICAGO) — The man accused of murdering a 19-year-old student in the parking garage on the University of Illinois at Chicago campus allegedly became “angry” when she ignored his catcalls, authorities said.Sophomore Ruth George was attacked after a Lyft dropped her off on campus just after 1:30 a.m. Saturday as she returned from a semi-formal event, according to a charging document for 26-year-old suspect Donald Thurman.One of George’s friends went back to her dorm while George walked alone to the parking garage on Halsted Street, where she had parked her car, prosecutors said. As she walked past a bus stop, Thurman allegedly noticed her and “thought she was pretty and tried talking to her,” but George ignored him and continued walking.Thurman, who was wearing a “distinctive white jacket,” was seen on surveillance video following George to where her car was parked, according to the court document. Thurman then allegedly catcalled her and tried to talk to her again, but George continued to ignore him. When George got to her car, Thurman allegedly “was angry that he was being ignored,” the charging document states. He then allegedly grabbed her neck from behind and put her in a choke hold, causing her to fall to the ground.While she was unconscious, Thurman allegedly threw George into the back of her car and sexually assaulted her, authorities said.George’s family became concerned when she didn’t return home, and they went to the parking garage with police after her phone’s location pinged there. Around 11 a.m. Saturday, her sisters found her body face-down in the backseat of her car with her pants pulled down and her bodysuit ripped, prosecutors said.Investigators found marks made from George’s shoes while she was being dragged on the scene, as well as a used condom in the car, according to the charging document.Surveillance video allegedly showed Thurman running from the parking garage about 35 minutes after he followed George inside the structure. The white jacket he was wearing at the time was found at his home, prosecutors said.Thurman was arrested when he returned to the area on Sunday and allegedly admitted during an interview that he choked George and threw her in the car. He admitted to sexually assaulting George but denied raping her, according to the court document. He also allegedly said that he knew his DNA would be “all over the scene.”He lives near campus but has no affiliation to the university, police said. Thurman is charged with first-degree murder and criminal sexual assault. At the time of George’s killing, Thurman was on parole for an armed robbery conviction. He and George did not know each other, police said.He was denied bond at his bail hearing Tuesday. It was not immediately clear whether he entered a plea or retained an attorney.George was an honor roll student and a member of a professional fraternity for medical-track students at the university, prosecutors said. She dreamed of becoming a physical therapist one day and had “a compassion for others,” UIC Chancellor Michael Amiridis said in a statement Monday.“As a campus community we have shed many tears for her over the last three days,” Amiridis said. “But our collective pain pales in comparison with the ordeal her family is and will be going through for days, months and years to come. Our thoughts and our hearts are with Ruthie’s family and friends this evening.”Copyright © 2019, ABC Audio. All rights reserved.last_img read more

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