May & Baker Nigeria Plc (MAYBAK.ng) 2006 Prospectus

first_imgMay & Baker Nigeria Plc (MAYBAK.ng) listed on the Nigerian Stock Exchange under the Pharmaceuticals sector has released it’s 2006 prospectus For more information about May & Baker Nigeria Plc (MAYBAK.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the May & Baker Nigeria Plc (MAYBAK.ng) company page on AfricanFinancials.Document: May & Baker Nigeria Plc (MAYBAK.ng)  2006 prospectus Company ProfileMay & Baker Nigeria Plc manufactures and markets a range of pharmaceuticals, vaccines, medical diagnostics, foods and consumer healthcare products in Nigeria. Pharmaceutical products include anti-diabetics, anti-infectives, anti-malaria, analgesics, cough & cold treatments, multivitamins and anxiolytics. May & Bake Nigeria Plc produce a range of Mimee noodles and Lily still water. The company’s head office is in Lagos, Nigeria. May & Baker Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

Martyn Williams citing decision

first_imgMartyn Williams, the Cardiff Blues player (No 7), today (Wednesday, 13 October) appeared at the ERC Offices in Dublin for a disciplinary hearing before an independent judicial officer as a result of a citing complaint arising from the Round 1 Heineken Cup match between Cardiff Blues and Edinburgh at Cardiff City Stadium on Saturday, 9 October.The citing complaint was for striking with the knee in contravention of Law 10.4(a).  In particular, Mr Williams was alleged to have struck Chris Paterson (Edinburgh No 15) in the face with his knee.Mr Williams pleaded guilty to the citing complaint but asserted that his actions had not warranted a red card.  After considering the evidence and hearing submissions from Mr Williams and Roger O’Connor, ERC’s Disciplinary Officer, the independent judicial officer, Antony Davies (England), determined that Mr Williams had committed the act of foul play and imposed a suspension of two (2) weeks. Mr Williams will be free to play again on 27 October, 2010.Under the Disciplinary Rules for the 2010/11 Heineken Cup, independent judicial officers are required to follow the sanctioning regime laid down by the International Rugby Board.  Accordingly, having found that Mr Williams had committed an act of foul play, the independent judicial officer was required to determine the ‘entry point’ for Mr Williams’ suspension, based on an assessment of the seriousness of his actions. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS In this case, the independent judicial officer determined that the appropriate ‘entry point’ was three (3) weeks based on (among other things) Mr Williams’ intent and that Mr Paterson had been in a vulnerable position.  The independent judicial officer then decreased the suspension by one (1) week to take into account (among other mitigating factors) Mr Williams’ good disciplinary record, which resulted in the final suspension of two (2) weeks.The independent judicial officer ordered Mr Williams to pay the costs of the hearing.center_img The possible ‘entry points’ for a strike with the knee in contravention of Law 10.4(a) are lower end: three (3) weeks; mid-range: eight (8) weeks; and top end: 12 weeks or more.  Having determined the appropriate ‘entry point’, the independent judicial officer was then required to consider whether that ‘entry point’ should be varied to take into account any mitigating factors (such as the player’s conduct, remorse and plea) and any aggravating factors (such as his previous record and any need for deterrence).last_img read more

RWC 2015: Talking points from the Wales squad announcement

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Strength in depth: Wales feel their squad is stronger than 2011’s, when they reached the RWC final It may seem ludicrous to suggest that the most important decision made regarding the Welsh squad didn’t even involve player selection, but the Aviva Premiership’s decision to allow full player release is arguably of equal importance. The one off deal between England’s top-flight and World Rugby means that Wales have immediate and full access to all ten of their English based players.Helping hand: The Premiership have helped the WRU by granting full player releaseIt is worth mentioning that this deal doesn’t just apply to Welsh players and extends to all players based in the English Premiership. Both World Rugby and England’s top brass should be congratulated on this deal as it will undoubtedly allow the teams and players concerned to perform at their very best in the game’s showpiece tournament. The only murmurs of discontent may come from the Welsh players themselves as they lament their early release from within a cryotherapy chamber in Poland. Tearaways: Both James Davies and Josh Navidi have missed out due to Wales’ strength-in-depth at 7Navidi in particular has excelled during the past 10 months despite being part of a Cardiff Blues team who fell way short of their potential. It is also worth remembering that Navidi achieved all of this playing out of position having switched from openside/blindside to number eight. But if Davies and Navidi need any advice they could do worse than talking to Mr. Gatland directly. He would quite genuinely offer a consoling shoulder, having been stuck behind Sean Fitzpatrick during his entire playing career.Darwin will help pick the final squadThe selection of the final Welsh squad won’t solely be the responsibility of Warren Gatland, Rob Howley and Robin McBryde. There is another, less well publicised, member of the Welsh coaching team who will play an enormous role – his name is Charles Darwin. Darwin’s theory of ‘Survival of the Fittest’ will have as big an impact on the final squad selection. It’s simple, if a player isn’t fit enough, they won’t be going to the World Cup.Fit as butchers dogs: The Wales squad will be pushed extremely hardStuart Lancaster has already stated that his team will be the fittest at the World Cup, which will surely only increase Warren’s desire to take his players to the very edge during the summer camps. Gatland’s tactics are often brought into question, but the fitness of his teams never is. After a crippling training programme in Switzerland and Qatar, Mr Gatland and Mr Darwin will have a team as fit as any at the Rubgy World Cup, of that you can be assured.The most important decision didn’t even involve player selection.center_img Wales’ strongest ever World Cup training squadWales have named a very strong training squad for the Rugby World Cup. The strength of the squad is evident by the fact that, in reality, there are only are handful of positions genuinely up for grabs on the ‘bus’ – the core of the squad is already a given. Such is the strength of the selection that on first reading many will have run their finger over the selected players with the casual familiarity of a supermarket checkout assistant flicking a barcode scanner over a basic weekly shop. Alun-Wyn Jones, Dan Biggar, Rhys Webb, Liam Williams and Scott Williams are in the form of their careers.Key man: Whether he is deployed at full-back or on the wing, Leigh Halfpenny is integral to WalesAdd to that list Richard Hibbard, Sam Warburton, Taulupe Faletau, Leigh Halfpenny and George North and the strength of squad becomes even clearer. That’s without the inclusion of young players such as Nicky Smith, Samson Lee, Dan Baker and the immensely impressive Hallam Amos, who are some of the most promising young talents in their positions in Europe. The solidity of the core squad has also afforded Gatland the opportunity to select the shimmering Matthew Morgan and wildcard Ross Moriarty – a selection which few saw coming. Make no mistake this is a strong Welsh squad and one which is more than capable of escaping from one of the most competitive groups in the history of the Rugby World Cup.Hook deservedly gets his chanceJames Hook is back in the Welsh squad and his inclusion will undoubtedly stir up the argument regarding whether he is an outside half, full back or centre. But that is entirely the point, after 77 caps we don’t need to have the argument over Hook’s best position – he can play them all. Hook is the Dremel of Welsh rugby. Okay, unlike an actual Dremel multitool he can’t adapt to 15 positions, but the ability to play 10/12/13/15 at international level requires a remarkable skillset that no other Welsh player has.Back in contention: James Hook’s form for Gloucester has earned him another chanceBlessed with a freakish step, accurate passing (off both hands) solid defence, a much underrated handoff and test level goal kicking, Hook could solve a lot of problems for the Welsh coaching staff. Gatland will have plenty of hammers available to him come September – a Dremel could come in very handy.The openside queueNo-one likes queuing. Merely lining up for a pint on a Friday night can make you want to go full ‘Anthony Joshua’. I can only imagine what it must be like queuing for a place in Wales’ Rugby World Cup squad as you wait in line behind the impressive Sam Warburton and Justin Tipuric. But wait Josh Navidi and James Davies must. It is a cruel situation that both find themselves in. Navidi and Davies have had fantastic seasons for their regions and have executed some of the finest backrow play in Wales. Both performed to the level where they were awarded player of the season at their respective regions. Warren Gatland picked an extended 47-man training squad for the Rugby World Cup. There were a few suprises and some disappointments…last_img read more

Age Concern and Help the Aged in merger consultation

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Age Concern and Help the Aged in merger consultation Tagged with: Management  90 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Help the Aged and Age Concern England have entered an extensive consultation process with their partners with a view to merging and creating a new organisation.A final decision will be made in September and decisions about a name, organisational priorities and other issues connected to the creation of a new charity will be made over the next few months.Both charities are seeking support and positive feedback from partners, friends and allies. Those affected include 353 Age Concerns in England, Help Age International and the independent Age Concern organisations in Scotland, Wales and Northern Ireland.Age Concern England chair Catherine McLoughlin said: “Spending time and energy operating separately no longer makes sense. Instead we intend to pool our talents and resources to ensure older people’s needs receive the even greater focus they deserve.”Jo Connell, chair of Help the aged said there had never been “a greater need or a more compelling reason for such an organisation.”“The demands of an ageing society mean that this in-principle decision – which has been taken collaboratively and in partnership – is the right one for older people today and tomorrow. There is an urgent need to protect the human rights of older people as well as ensuring that our ageing society recognises the enormous contribution they make.” Howard Lake | 20 May 2008 | Newslast_img read more

MHA Is Framing Standard Operating Procedures To Repatriate Mortal Remains Of Citizens From Abroad: Centre Informs Delhi HC [Read Order]

first_imgNews UpdatesMHA Is Framing Standard Operating Procedures To Repatriate Mortal Remains Of Citizens From Abroad: Centre Informs Delhi HC [Read Order] Karan Tripathi28 April 2020 5:12 AMShare This – xCentral Government has informed the Delhi High Court that the Ministry of Home Affairs, along with the Ministry of Health and Family Welfare, is in process of forming Standard Operating Procedure (SOP) for bringing back mortal remains of citizens who have died abroad. The submission was made before the Single Bench of Justice Sajeev Sachdeva, who will now take up this matter on…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginCentral Government has informed the Delhi High Court that the Ministry of Home Affairs, along with the Ministry of Health and Family Welfare, is in process of forming Standard Operating Procedure (SOP) for bringing back mortal remains of citizens who have died abroad. The submission was made before the Single Bench of Justice Sajeev Sachdeva, who will now take up this matter on April 27. The present case pertains to a writ petition filed by a person named Vimlesh Bhat who seeks court’s direction to the Central Government to repatriate the mortal remains of his younger brother from Abu Dhabi, UAE. The younger brother of the Petitioner, aged 24, died in Abu Dhabi on April 17 due to cardiac arrest. The Petitioner submitted that No Objection Certificate was obtained from the Embassy of India at Abu Dhabi, UAE for repatriating the human remains of the deceased and the same was also flown from Abu Dhabi to India in an aircraft. However, the Petitioner argued, that despite the requisite clearances being in place, the authorities did not permit the unloading of the mortal remains at Delhi and they were flown back on the same aircraft. Therefore, the Petitioner submitted that since the family of the Petitioner is resident in India, they are not aware about the present state of the mortal remains of the deceased. Appearing for the Centre, ASG Maninder Acharya informed the court that the facts of the present case are unique. Ms Acharya further submitted that the Ministry of Home Affairs and the Ministry of Health and Family Welfare are in the process of framing Standard Operating Procedures so that in future there is no difficulty in similar matters. It was also informed to the court that a meeting is presently going on at the highest level to consider the Petitioner’s case and Ms Acharya would require some time to report about the same. Ms Acharya further went on to submit that the Central Government shall find out from the concerned Embassy as to the location and condition of the mortal remains of the deceased which were flown back from India. In light of these submissions, the court granted more time to the Centre to file its report and listed the matter on April 27.Click Here To Download Order[Read Order] Next Storylast_img read more

CAO offers out today – Full list of LYIT points requirements

first_imgHomepage BannerNews LY218     Business – with French/Spanish/German/Irish  250 LY517        Building Services and Renewable Energy    160 LY938     Mature Applicants General NursingLY948     Mature Applicants Psychiatric Nursing LY916          Health and Social Care        200 LY408     Visual Communication and Graphic Design  290 LY837          Food Science and Nutrition      145 LY318    Culinary Arts and Food Technology at Killybegs/Letterkenny   283 LY518     Quantity Surveying   285 Google+ LY507        Quantity Surveying       160 LY118    Business  300 LY336      Bar and Restaurant Supervision at Killybegs    AQALY346      Culinary Arts at Killybegs    100 LY918     Psychiatric Nursing    380 LY207      Law with Criminal Justice/Irish/French/German/Spanish Level 6/7 LY607       Electronic/Computer Engineering (Common Entry)  155 LY717         Computing         150LY737         Computer Security and Digital Forensics      160 Arranmore progress and potential flagged as population grows LY437        Animation       150 LY806         Pharmacy Technician        175 140 The number of CAO courses requiring 500 or more points has jumped by more than a quarter.Around 50 thousand offers have just been made available online in this year’s first round, following last week’s Leaving Cert results.Growth in demand for places has been mirrored in areas of the economy that have been on the rise, like business and engineering, as students look to target careers after third-level.Prospective students now have a week to accept the places offered this morning and join the some 210-thousand people already in higher education.Letterkenny Institute of Technology has seen increases in the requirments for a number of its courses, with the steepest Level 8 increase in General Entry Computing, up 65 to 300.Here is the full list of points requirements for LYIT – WhatsApp Facebook LY127      Business – Marketing       155 LY968     Early Childhood Care, Health and Education   275 LY958     Mature Applicants Intellectual Disability Nursing Nine til Noon Show – Listen back to Monday’s Programme 150 LY117      Administration and IT      160 LY208    Law   275 LY508     Fire Safety Engineering    220 LY707        Computer Games Development       190 LY816          Dental Nursing            200LY817          Bioscience         195 Twitter By admin – August 17, 2015 center_img LY106     Business – Accounting and Administration   105LY107     Business – Management      140 LY908    General Nursing   390* LY447        Fashion with Promotion       155 CAO offers out today – Full list of LYIT points requirements LY527        Civil Engineering     175 Google+ LY406      Photography       100 Loganair’s new Derry – Liverpool air service takes off from CODA LY818     Science – Common Entry    305 LY547        Architectural Technology     145 LY206      Sports Studies       AQA LY306     Hotel Administration at Killybegs      110LY317      Culinary Arts at Killybegs           155 LY228    Sports Coaching and Performance    250 LY877          Agriculture       170 Level 8* Not all on this points score were offered places# Test / Interview / Portfolio / AuditionAQA All qualified applicants LY327      Hotel Restaurant and Resort Management at Killybegs Pinterest LY847          Veterinary Nursing         375 LY867          Pharmaceutical and Medicinal Science      170 LY708     Computing (Common Entry)    300 LY978     Health and Social Care     300 Twitter Facebook LY617        Mechanical Engineering        160 LY906         Early Childhood Care, Health and Education    200 LY928     Intellectual Disability Nursing    350 DL Debate – 24/05/21 LY108    Business – Accounting   335 RELATED ARTICLESMORE FROM AUTHOR Pinterest LY427       Digital Media Design       150 Important message for people attending LUH’s INR clinic Previous articleOmagh families’ legal team target suspects’ assets in the RepublicNext articleJason Days wins US PGA title – McIlroy loses top ranking admin WhatsApp News, Sport and Obituaries on Monday May 24th last_img read more

Relay co-chairs honor campaign’s success

first_img By The Penny Hoarder Remember America’s heroes on Memorial Day You Might Like Police seek truck thieves Troy police are asking for the public’s help in solving the theft of truck from a local business. Police say… read more Windham said congratulations were in order for all winners and for everyone involved in the success of the fundraising campaign.The 2016 Pike County Relay for Life campaign got off to an early start.“October is Breast Cancer Awareness Month and the Pike County Relay Board sponsored a “Men in Pink” fundraiser that netted $20,000,” Windham said. “Twenty-three men were charged with wearing pink every day of the month to raise awareness of breast cancer. The ‘Men in Pink’ were to encourage the women in their lives to seek screening for early detection of breast cancer and intervention. Then, they were each charged with making a grand gesture of a $1,000 donation to Relay. The $20,000 that ‘Men in Pink’ raised gave us a great jump-start for our 2016 Relay campaign.” Latest Stories Troy falls to No. 13 Clemson By Jaine Treadwell Sponsored Content Pike County Sheriff’s Office offering community child ID kits Email the author Windham said “Men in Pink” will definitely be a part of the fundraising efforts for Pike County Relay for Life 2017.“And, it’s not to late to contribute to this year’s campaign,” she said. “The cutoff is not until summer and we will gladly accept in donations.”center_img Book Nook to reopen The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Park Memorial United Methodist Church Men’s Club recently contributed $1,500, which is 50 percent of their annual project money, to the church team for Relay for Life. Park Memorial presently has 12 active members who are cancer survivors. Pictured, from left, Jerry Spivey, a Relay Team member from Park Memorial, accepted the Men’s Club contribution from Robert Newman, a three-time cancer survivor and, age 92, the oldest active member of the Men’s Club; Terry Jinright, Men’s Club member and spouse of cancer survivor, Kay Jinright; and Scott Swindall, club president. Not pictured, Ralph Richburg, a cancer survivor and member of the Men’s Club.The 2016 Pike County Relay for Life fundraising campaign met and exceeded its goal of $110,000 by $15,000 thanks to the hard work of its many volunteers and the generosity of the people of Pike County.Deedie Carter and Leigh Ann Windham, 2016 Relay co-chairs, announced the total of giving at the Relay for Life culminating event Friday night at the Troy Sportsplex. The announcement was met with cheers from members of the 22 teams that were instrumental in the success of the fundraising campaign in support of the American Cancer Society.CGI in Troy was the top fundraising team of 2016 with more than $10,000 raised. Park Memorial was the top per capita fundraising team. Alacare won the campsite/tent decoration competition and KW Plastics won the best T-shirt design. Relay co-chairs honor campaign’s success Windham and Carter expressed appreciation to the 2016 Relay teams, the dedicated sponsors, the many volunteers and all who gave so generously.They also recognized the 2016 Pike County Relay for Life board members who have been aboard the campaign since early fall, David Asselstine, Christine Barron, Sandy Boutwell, Lawrence Bowden, Shelby Brown, Michael Bunn, Jessica Cox, Shelia Deveridge, Linda Faust, John Hudson, Dr. James Kimbrough, Lisa Linton, Brittney Meyer, Pamela Parker, Benny Pinckard and Brittany Ragland. Published 3:00 am Thursday, May 12, 2016 Plans underway for historic Pike County celebration Print Article Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthRemember Them? I’m Sure Their New Net Worth Will Leave You SpeechlessbradofoThe 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

Multinationals bump up stakes in expat benefits

first_img Previous Article Next Article Multinationalsbump up stakes in expat benefits Multinational companies are making theirexpatriate benefit packages more competitive, according to a William M Mercersurvey. The survey of 200 companies worldwide shows that eight out of 10companies now recognise that mobility premiums and hardship grants areessential to the success of assignments. The allowances range from 30 to 40 per cent of gross base salary for certaindestinations deemed to be difficult locations, such as Algeria, the DemocraticRepublic of Congo and China. Yvonne Traber, co-author of the survey and a senior researcher at William MMercer, said, “The expatriate environment is becoming very competitive asindividuals are often placed on assignments where they are in contact with otherexpatriates. Inevitably they compare conditions and discuss who has the betterdeal. It can be a huge loss of investment for the company if these individualsleave while on assignment.” To combat this problem, about 20 per cent of companies said they pay part ofthe mobility premium at the beginning of the assignment and the remainder onrepatriation home. More than three-quarters of the companies surveyed recognise the importanceof spouse support in the success of their expatriate programme. But the surveyshows that 69 per cent of respondents are failing to grant cash allowances tosupport spouses. Traber predicts there will be an increasing number of young people going onexpatriate assignments, as junior employees are generally more mobile and considerthese opportunities as part of their career development. www.wmmercer.com Comments are closed. Multinationals bump up stakes in expat benefitsOn 30 May 2001 in Personnel Today Related posts:No related photos.last_img read more

This “Tiger Cub” hedge funder owns nearly 10% of Compass

first_img Tags Email Address* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink “The guy’s a walking encyclopedia,” investor Chris Shumway, a former Tiger colleague, told the Journal for the profile. “He’s not going to be an expert on everything all the time, but he tries to be an expert on the things that matter.”Housing betAs a “macro” hedge fund, Discovery has bet on broad market swings and economic trends, particularly in emerging markets.It currently has $3.6 billion in assets under management, down from $12 billion in 2013, regulatory filings show. That year, its returns were up 15 percent through the first half of the year, among the best performances by a big hedge fund, according to news reports.Discovery invested in Compass the following year, joining Salesforce’s Marc Benioff and Advance Publications in the startup’s $40 million Series B. “We keep track of highly successful entrepreneurs and [Ori] Allon was one of them,” Discovery said in a statement. Prior to founding Compass, Allon sold startups to Google and Twitter.After a rough couple of years, the fund bounced back and posted “scorching gains” of 55.5 percent in 2020, according to Institutional Investor. In January, it had gains of 6.45 percent.Today, the fund’s portfolio is dominated by tech and healthcare picks, according to WhaleWisdom, which collects data on asset managers.Discovery owns 4.5 million shares of data analysis company Palantir, for example, a stake currently valued at $107.7 million. It also holds a $61 million stake in Fiserv, a financial technology company, and a $60.7 million stake in the computing giant Intel.In its statement, Discovery said it has a track record of backing “innovative companies that are shaping the future of their respective sectors,” citing early investments in Uber, Lyft, Spotify, Alibaba Group and Ant Group.“We have strong conviction that the technology and tools that Compass is building for agents will help them grow their business and better serve their clients,” it said.Regulatory filings show that after its initial investment, Discovery increased its wager on Compass in 2018, investing $15 million in a Series F that was led by SoftBank and the Qatar Investment Authority. In conjunction with that investment, at $118 per share, Discovery also made a tender offer and bought $23 million worth of stock from prior investors.Road to IPOCompass’ early backers now stand to reap the greatest returns on its IPO. Along with Discovery, those include 406 Ventures, Joshua Kushner’s Thrive Capital and real estate playersincluding LeFrak, the Naftali Group and the Rudin family.According to Compass’ S-1, its revenue grew 56 percent in 2020 to $3.7 billion. It lost $270 million last year, down from $388 million in 2019.In a founder’s letter included in the filing, CEO Robert Reffkin pitched Compass’ vision for boosting agents’ productivity by giving them novel technology. The claim is one that rivals have challenged, arguing that Compass’ tools are elegant but not disruptive.But investors like Discovery believe otherwise. “Similar to what the Bloomberg application did for investment professionals or Adobe Create Suite did for design professionals, the Compass platform will over time transform the way agents do business,” it said.Contact E.B. Solomont compassIPOReal Estate InvestmentResidential Real Estate Full Name* Message* Share via Shortlink Hedge fund manager Robert Citrone (Getty)As an emerging markets specialist, hedge funder Robert Citrone is used to eyeing distant shores for his next investment.His bet on Compass — and by extension the U.S. housing market — hits a lot closer to home.Citrone’s Discovery Capital Management is Compass’ second-largest shareholder, with a 9.2 percent stake, according to Compass’ S-1, filed this week ahead of its impending public offering.Discovery’s investment was not previously reported, and the size of its stake is second only to SoftBank’s, which owns nearly 35 percent of the brokerage. The next biggest shareholders are co-founder Ori Allon, CEO Robert Reffkin and CTO Joseph Sirosh.A former high-school wrestler who grew up in Pittsburgh, Citrone, 56, is among a group of investors known as Tiger Cubs, who worked for hedge fund legend Julian Robertston’s Tiger Management.ADVERTISEMENTCitrone started his career as a corporate-bond analyst at Fidelity in 1990 and joined Tiger in 1995. He left in 1999 to start Discovery Capital Management, which is based in South Norwalk, Connecticut, attracting capital from investors such as George Soros and Robertson. In 2012, he and his wife, Cindy, became minority owners of the Pittsburgh Steelers. He made it to the Forbes billionaire’s list in 2017, with a net worth of $1.1 billion, but fell off the following year after Discovery posted a rough few years of returns.Unlike his peers who are active on Twitter, such as Third Point’s Daniel Loeb or Point72’s Steven Cohen, Citrone keeps a low profile, rarely speaking at investment conferences or making TV appearances. He’s said to favor Hawaiian shirts and Steelers gear. He has a notoriously messy office, according to a 2013 Wall Street Journal profile, but makes extremely precise bets in a number of areas.Read moreInside Compass’ S-1 filing How much Compass paid to scale up The definitive guide to Compass’ C-suite last_img read more

SINKEX Units Sink Former USS Fresno

first_img View post tag: units View post tag: News by topic Authorities SINKEX Units Sink Former USS Fresno September 16, 2014 View post tag: USS Fresno View post tag: Navy View post tag: Sink View post tag: SINKEXcenter_img View post tag: americas Back to overview,Home naval-today SINKEX Units Sink Former USS Fresno View post tag: Naval Ships and aircraft sank the decommissioned former USS Fresno (LST 1182) yesterday, in waters 18,000 feet deep, 215 nautical miles northeast of Guam as part of the exercise Valiant Shield 2014. The participating sinking exercise (SINKEX) units included the U.S. Navy, Air Force and Marine Corps, each of whom were able to gain proficiency in tactics, targeting and live firing against a surface target at sea.“This exercise provided an important opportunity for realistic at-sea training with live ordnance, in conditions that could not be duplicated otherwise,” said U.S. Navy Rear Adm. Russell Allen, the U.S. Pacific Fleet Valiant Shield exercise lead. “This particular event enhanced our collective combat readiness and allowed us to improve our interoperability by working together to achieve specific training objectives.”“The SINKEX is conducted on the front end of Valiant Shield mostly so we can safely dispose of the hulk involved,” said Rear Adm. Mark Montgomery, commander, Battle Force 7th Fleet. “It allows us to test both systems and tactics, techniques and procedures we developed for the employment of those systems in a live-fire environment. It’s a mixture of Navy, Air Force and Marine Corps weapons systems from surface ship, fixed-wing, and rotary-based platforms.”USS Fresno was the fourth ship in the Newport class of tank landing ships and was named for the city and county in California. The ship was assigned to the Amphibious Force, Pacific Fleet, and homeported in San Diego.[mappress]Press Release, September 16, 2014; Image: Wikimedia View post tag: Former Share this articlelast_img read more