PointsBet launches AU$303m fundraising drive

first_img Email Address AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Finance Subscribe to the iGaming newsletter Tags: Online Gambling Online gambling operator PointsBet has set out details of a new capital raising, through which it hopes to generate AU$303m (£166.5m/€187.6m/US222.5m) in additional funds.Announced last week, the new raising will be split into two parts – an entitlement offer and placement – with both set to take place within the next week.The placement will open later today (2 September) and run to 4 September, with PointsBet seeking to raise some $150m in funds.The fully underwritten entitlement offer will see PointsBet attempt to raise some $153.2m, making shares available at a price of $6.50 per share.PointsBet managing director Sam Swanell said that the raising will position the business for the future, with the operator intending to use proceeds to support a number of projects.It will be used to fund marketing in key target states across the US and its ongoing business development in the country, as well as supporting investment in technology and platform development. Confirmation of the capital raising comes after PointsBet last week also revealed details of its new partnership with NBC Sports.The five-year deal will see PointsBet commit to spending US$393m om marketing, with the operator to be incorporated in multi-platform gameday integrations across the eight NBC Sports Regional Networks.NBCUniversal, the parent broadcaster of NBC Sports, will also be issued with new fully paid ordinary shares in PointsBet, representing a 4.9% ownership interest of the operator and 66.9m options maturing in five years.center_img 2nd September 2020 | By contenteditor Topics: Finance PointsBet launches AU$303m fundraising drive Online gambling operator PointsBet has set out details of a new capital raising, through which it hopes to generate AU$303m (£166.5m/€187.6m/US222.5m) in additional funds.last_img read more

iGB Africa Report: The competitive landscape

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “We’ve seen this to some extent with a number of brands operating across two or three different markets, but it is definitely still more weighted to national brands at the moment. However, as the markets develop, given the right regulatory framework, we would expect to see the development of some true pan-regional players.” ● PowerbetsOpera’s gaming arm operates under the Powerbets brand name in eight countries across Africa, including South Africa, Kenya and Ghana. It may be seen as patronising to question why there aren’t many truly pan-African operators. After all, there are very few operators that have a brand presence right across Europe, which is a much more mature market where the barriers to operating across borders are relatively low, albeit operators are obviously handicapped by regulatory issues. Stick to what you know“When it comes to Africa, most of the brands that are doing good in a particular country tend to stick their operations to that country,” says Alessandro Fried from BtoBet. It may be seen as patronising to question why there aren’t many truly pan-African operators. After all, there are very few operators that have a brand presence right across Europe, which is a much more mature market where the barriers to operating across borders are relatively low, albeit operators are obviously handicapped by regulatory issues. ● SportPesaThis Kenyan (at least for now ex-) giant of the African betting scene – and by far the most visible – has also branched out into neighbouring Tanzania. A similar patchwork quilt of regulated environments also exists in Africa, of course, and the cultural differences between countries and regions is every bit as varied as Europe. But still it is worth pointing out that in Africa there are as yet very few operators that even have brand names that work in any more than a single territory. This, it seems likely, will be the route that is increasingly chosen. It is certainly how Dave McDowell at FSB Technology sees the market in Africa developing. Strategy ● Editec – Premier BetEditec runs a largely retail operation including betting shops, franchises and other points of sale/corners under the brand names Premier Bet, SBA, Mercury International, Guinea Games and R&S Betting. It claims to run more than 1,200 retail sites and more than 60,000 points of sale in 23 countries. “Country-specific businesses that have methodically grown their footprint with strong local operations have proved to be far more successful [than online-only brands],” he adds. It means that while there are long lists of operators – both retail-focused and online – in most regulated markets across sub-Saharan Africa, there are very few names that crop up across markets. ● 1xBetThe operator says it works in 10 countries across Africa and has licences in Kenya, Uganda, Ghana, Nigeria, Cameroon, Senegal, Congo, Burundi, Mozambique and Zambia. It is also the officialsponsorship/betting partner for the Confederation of African Football (CAF). According to SB Betting chief operating officer Michal Glowacki there is “no clear answer” as to why there are so few examples of intercontinental operations. He notes that though there are plenty of “local heroes” in each market, the paucity of international names is striking. As Mathew Symmonds at Web Analysis Solutions says, while many European bookmakers will take players from Africa, “it’s not one of their priorities as a business. Some European brands have moved into Africa, like Betway, but most that have done so have done it alongside local operators.” “Retail-dominant players have traditionally pursued an agent or franchise model allowing for scale at the expense of margin,” says Opera Gaming’s Murray Spark. “This bottom-up approach has proven highly successful in a number of instances where the levels of financial inclusion and trust are low.” ● DafabetAKA the one that got away. Perhaps surprisingly given its successes elsewhere, Dafabet failed to make an impact in the Kenyan market. Ed Birkin at H2 Gambling Capital also thinks that pan-regional brands will emerge over time. “Once an operator reaches scale in one market, it’s natural for them to look at neighbouring markets to see if they can replicate their success,” he says. iGB Africa Report: The competitive landscape “At some point someone from outside the region will compete with them,” he adds. “You just need to look at the evolution of betting and gaming elsewhere to realise the speed of change we have experienced. Local knowledge, however, cannot be undervalued – so perhaps we will see some M&A activity as well.” Pan-African players: Multi-market operators ● Bet365Though there is little that has been said publicly about Bet365 in Africa, it is thought to be a player in key markets such as Nigeria. Register here for full access to the event, and a packed content roadmap in the run-up to the show. ● BetwayThe operator runs a Betway Africa offshoot, which includes operations in five countries: Nigeria, Uganda, Gambia, Ghana and South Africa. The retail influenceWhen it comes to sports betting, many of the biggest names in each individual territory will also be heavily focused on land-based betting. As it stands, regional gaming would appear to the limit of any ambitions, as typified by this list of names: Email Address The full iGB Africa Report, authored by Scott Longley and sponsored by Altenar, is due to be published later this week. It has been compiled ahead of ICE Africa Digital, the continent’s major B2B gaming trade show, which takes place on the SwapCard platfrom from 27 to 29 October. This localism breeds a degree of brand loyalty that is harder for outside brands to achieve. Symmonds points to the success in Nigeria of Bet9ja, which he says is “one of the strongest brands in Africa”. 22nd September 2020 | By Aaron Noy “Most of them (have) failed,” he adds. Topics: Strategy Management “I think that economies of scale will come into play and multi-territorial brands will dominate the landscape 10 years from now,” he says. “Some of those will be local heroes who learn to export their skills, but all of them will be on modern technology platforms.” Subscribe to the iGaming newsletter Moreover, Africa’s attractive medium-term demographics will also inevitably draw in more operators. “Eyes have been and are on Africa at the moment and lots of international companies are looking to venture into Africa as it is the second-largest continent, with markets that are still untapped, and regulations are not that tight compared to Europe, which makes it a lucrative market to invest in,” says BetConstruct regional director Zorair Asadour. “Nigerians know and trust this brand,” he adds. “It has a strong presence in Nigeria, for example, sponsoring the country’s version of Big Brother last year. The only chance that an external brand has of competing with these big local African brands is if they’re a globally recognised brand themselves. Very few brands could compete on brand awareness with some of these strong local brands.” But more than that, Yellowbet managing director Neil Wilkie suggests there is a cultural block, with each market being very local. A continent-wide brand name is “great in theory” he says, but a consumer in Africa “only knows what is going on in his own immediate vicinity. He doesn’t care if the product in Tanzania is exactly the same as the one in Ghana or indeed whether his jackpot is linked to other African countries.” ● Pari-Mutuel UrbainVia its PMU Partenaire business, France’s PMU offers pool betting on horseracing across Africa, as well as a sports betting offering. “I think more and more operators are looking to enter the various African markets, as it is a fast-growing opportunity,” says Hmayak Arakelyan from Digitain. Local companies certainly dominate at present, but this is a situation that he believes won’t last forever. One issue faced by any dot.com operator hoping to work across various markets is technical; much of the payments infrastructure that accompanies each market is tied to that country. And while some of the largest mobile money providers work in various territories, they are by no means continent-wide. Meanwhile, the licensing structure of each country often peels down to regional and state systems. Stepping stonesAnother brand built along similar lines is Betika in Kenya, which, following in the wake of SportPesa, has generated a presence in the country and is now “centre stage and fighting for supremacy”, says Pronet chief commercial officer Bobby Longhurst. “They also have an eye on expanding their operations in neighbouring countries, however, and have high aspirations to become a regional leader.” Regions: Africa He suggests it is those operators that have grown organically into a market leader that are likely to have the most success in translating their model to another territory. In this exclusive extract from the iGB Africa Report, sponsored by sportsbook technology provider Altenar, Scott Longley examines the brands that have carved out local market share, and the difficulties in establishing a pan-African presence.last_img read more

Forget Barclays! I’d buy this dividend-paying stock as the business comes roaring back

first_img I last wrote about “the largest British third-party logistics company,” Wincanton (LSE: WIN), in November 2019. Back then, I compared the firm to the banking giant Barclays (LSE: BARC). And although Barclays was paying a fat dividend at the time, my preferred investment was Wincanton.Barclays crashed hardMy words in November came true faster than I imagined: “If we see a cyclical downturn, I reckon the dividend, which is yielding around 5% at Barclays, could disappear in short order.” Indeed, Covid-19 arrived, drove the economy into recession, and Barclays axed the dividend. The firm’s profits and its share price plunged.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…Of course, I didn’t know the pandemic was coming, but I did know banks are vulnerable to the effects of economic downturns. And the valuations of banks such as Barclays suggested the stock market was pricing in a downturn. Indeed, trading had been buoyant for the banks for some time and cyclical plunges in trading begin when profits have been high for a while.However, the coronavirus crisis affected operations at Wincanton as well. In today’s half-year report the company said the crisis created a temporary, “but significant,” drop in demand for all the firm’s divisions. However, operations have come roaring back since the lockdowns lifted.But today’s figures show the damage caused by the pandemic. Revenue slipped back by 2.4% compared to the prior year and underlying earnings per share plunged by just over 27%. The directors had suspended the dividend earlier in the year because of the crisis but reinstated it today. The interim payment will be almost 27% down on last year’s though.A positive outlook for WincantonBut it’s not all bad news in the figures. The company produced a good cash flow performance in the period and built up its net cash position to just over £63m. That compares to net debt on the balance sheet last year of almost £15m. The directors said in the report the happy outcome was driven by “good working capital management and deferral of VAT, corporation tax and pension payments.”Looking ahead, chief executive James Wroath said the firm has won several new contracts so far this year. And Wincanton is set to become “a key partner” for some of Britain’s biggest brands and public bodies. On top of that, there’s a healthy pipeline of new opportunities.  Meanwhile, he reckons the first-half performance has been “resilient” and he expects results for the full year to be “materially ahead of market expectations.”  The share price has been climbing recently. And at 229p it’s around 11% below its position when I wrote my article a year ago. And with Barclays’ share price at 108p, the stock still languishes around 37% below its level back then. So far, I was right to put my faith in Wincanton and not in Barclays. And I’d buy some of Wincanton’s shares today.Indeed, the valuation looks undemanding with the forward-looking earnings multiple for the trading year to March 2022 is just under eight and the anticipated dividend yield is almost 4%. Simply click below to discover how you can take advantage of this. The high-calibre small-cap stock flying under the City’s radar Image source: Getty Images. Forget Barclays! I’d buy this dividend-paying stock as the business comes roaring back Kevin Godbold | Thursday, 5th November, 2020 | More on: BARC WIN See all posts by Kevin Godbold Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! 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. But as well as Wincanton, I’m also keen on this share: 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. Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Kevin Godbold has no position in any share mentioned. The Motley Fool UK has recommended Barclays. 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.last_img read more

La Brea Affordable Housing / Patrick Tighe + John V. Mutlow

first_img Ming Yang Yeh + Associates Inc CopyHousing•West Hollywood, United States Save this picture!© Patrick Tighe Architecture / Bran ArifinText description provided by the architects. The La Brea Affordable Housing project is a mixed use affordable housing project for formerly homeless LGBT youth, people living with disabilities and people living with HIV Aids. The 50,000 sq ft building is located one block north of Santa Monica Boulevard in the City of West Hollywood. The building maximizes density while allowing for ample outdoor space. 32 apartments are arranged around a shared exterior courtyard.Save this picture!Section 2Parking is provided at grade and commercial space used by the non-profit group, AIDS Project Los Angeles (APLA) is present along La Brea Avenue. The Southwest corner is expressed as a beacon of activity and houses the circulation and other shared amenities for the residents.Save this picture!© Patrick Tighe Architecture / Bran ArifinThe project was constructed through a nonprofit developer (West Hollywood Community Housing Corporation) to address an affordable housing shortage for tenants living with disabilities. Funding was provided by various sources including the City of West Hollywood, The County of Los Angeles and through tax credits. The mixed-use program brings higher density into the urban core of the city. Locating the project within the central urban fabric of the community ensures that residents have direct access to local businesses and services.Save this picture!© Art Gray PhotographyMultiple public transportation options are directly accessible on the busy transit corridor of Santa Monica Boulevard minimizing the need for private transportation. The building demonstrates one of the city’s core values of environmental responsibility and its commitment to green building and sustainable design, the building exceeds the requirements of the city’s Green Building Ordinance.Save this picture!Exploded AxonometricThe building contains 32 residential units. Commercial / Retail space is located along LaBrea at the ground level. Parking is provided at grade for the residents and for visitors. An outdoor courtyard provides a garden for residents from which access to the units is provided. Each apartment has its own private outdoor space (80 sq ft) with designated storage room. Common areas exist for the residents as well as for public use. Laundry facilities and other support spaces are provided.Save this picture!© Art Gray PhotographyProject gallerySee allShow lessFrank Gehry Claims Today’s Architecture is (Mostly) “Pure Shit”Architecture NewsSalle Polyvalente de Plumergat / Studio 02Selected ProjectsProject locationAddress:West Hollywood, CA, United StatesLocation to be used only as a reference. It could indicate city/country but not exact address. Share La Brea Affordable Housing / Patrick Tighe + John V. MutlowSave this projectSaveLa Brea Affordable Housing / Patrick Tighe + John V. Mutlow CopyAbout this officePatrick Tighe ArchitectureOfficeFollowJohn V. MutlowOfficeFollowProductsSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingWest HollywoodHousingResidentialUnited StatesPublished on October 22, 2014Cite: “La Brea Affordable Housing / Patrick Tighe + John V. Mutlow” 22 Oct 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogFaucetshansgroheKitchen Mixers – Aquno Select M81Vinyl Walls3MVinyl Finishes in HealthPartners Regions HospitalPartitionsSkyfoldWhere to Increase Flexibility in SchoolsCoffee tablesBoConceptMadrid Coffee Table AD19SkylightsLAMILUXFlat Roof Exit Comfort DuoMetallicsTrimoMetal Panels for Roofs – Trimoterm SNVSkylightsVELUX CommercialModular Skylights in Atelier Zimmerlistrasse OfficeStonesNeolithSintered Stone – Iron Moss – Iron CollectionCeramicsTerrealTerracotta Facade in Manchester HospitalWoodBlumer LehmannConsulting and Engineering in Wood ProjectsGlassBendheimLuminous Mirrored GlassWire MeshTwentinoxMetal Mesh – Golf Romeo 7More products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Mark Tessier Landscape Architecture “COPY” “COPY” Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/557785/la-brea-affordable-housing-patrick-tighe-john-v-mutlow Clipboard Architects: John V. Mutlow, Patrick Tighe Architecture Area Area of this architecture project Area:  50000 ft² Area:  50000 ft² Year Completion year of this architecture project Landscape Architect: photographs:  Patrick Tighe Architecture / Bran ArifinPhotographs:  Patrick Tighe Architecture / Bran Arifin, Art Gray Photography Stantec 2014 Photographs Alpha Construction MEP: Year:  General Contractor: Housing Year:  United States Structural Engineer: Save this picture!© Patrick Tighe Architecture / Bran Arifin+ 30 Share City:West HollywoodCountry:United StatesMore SpecsLess Specs 2014 La Brea Affordable Housing / Patrick Tighe + John V. Mutlow ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/557785/la-brea-affordable-housing-patrick-tighe-john-v-mutlow Clipboard ArchDailylast_img read more

A personal essay on two Cubas on July 26 in Miami

first_imgIn Miami, where the spirit of dictator Fulgencio Batista lives on.July 26 — Miami is the haven for the Cuban exiles — those that ran from the revolution in the 1960s and 1970s, and those who later left because of the economic conditions created by the U.S. blockade imposed on the Cuban people.It is also where I have called home for 20 years. I grew up in Miami surrounded by the Cuban exile community, raised by them in fact. My grandfather came here from Cuba at the age of 10 in 1961 and was later joined by the rest of his family.My grandfather left Cuba because he did not want to raise his children around war. Having seen the Bay of Pigs invasion, he was hesitant to have his children see any more war.Therefore, I was raised hearing only bad things about the Revolution. It wasn’t until I became 13 that I researched the Cuban Revolution and asked my father hard questions about the state of Cuba pre revolution that I discovered the truth.Cuba needed a revolution and the policies set forth by Fidel Castro and the 26th of July Movement actually were good for the Cuban people. It put education within reach of all Cubans, not just the wealthy. All Cubans could now go to the doctors and hospitals of Cuba. Medicine, health, education and freedom were now rights and not privileges of the Cuban people!I left Miami about four years ago to attend school in West Virginia, and even though I feel at home among the natives of West Virginia, home is still home, family is still family. I went back this summer to visit my great-aunt, my Tía, who was like a mother to me.I arrived in Miami on July 25 and drove through the same slums and ghettos that I had left. They looked more decrepit than ever. I was driving on the same broken roads through the same traffic seeing the same abandoned houses, but with different homeless people sleeping outside them.I turned on the radio to hear the same generic reggaeton the local stations broadcast that objectifies women and makes them nothing but sex toys. I drove through all this to get to my Tía’s small one-bedroom apartment right in the middle of the worst part of Little Havana, where crime is high. This does not stop her landlord from charging her $750 a month for rent; she gets only $800 a month from Social Security, but this was the cheapest apartment in the city that she could find.Even though she has to borrow money from family every month to eat and pay her bills, Tía still offered us food and coffee when we arrived.The next day dawned and it is the day that is ignored in Miami, the 26th of July.  A day that, for me, signifies the beginning of New Cuba and Cuba’s real independence; this has been ignored in Miami by the exiles.I drove around Miami to parts like Coconut Grove and Coral Gables, where the exiles built up their presence over the years and which have become centers of Cuban-American wealth. They are very well maintained and beautiful, also very expensive, places where neither my Tía nor I could ever hope to live.What is my point in all this? It is this: Miami is Little Havana, and Cuba, but the Havana and Cuba of 1958, the Cuba of the dictator Fulgencio Batista.  It is a city with corruption not only in politics but in the police force and in the education department as well.I started remembering all the scams I heard about growing up, scams committed by the Cuban exiles, most of whom had political ties and ties to “Free Cuba” groups.  I remember driving through Little Haiti and Liberty City, areas of color in Miami, and how poor they were, are and have always been. How gentrification is destroying these communities faster than the crack and the gangs that run through the streets.Only the tourist areas and the areas where the richest and well-known Cubans like Gloria Estefan and Andy Garcia live look affluent. They also claim to be advocates for the Cuban people.This is precisely what Cuba was like before the triumph of the 26th of July Movement on Jan. 1, 1959. Only the parts for tourists were kept beautiful.  Women were treated like prostitutes, and housing was not a guarantee.The beach side was beautiful and no one ever spoke about the poverty in Cuba, much like no one knows, speaks of nor cares about the poverty in Miami.  Those in power were corrupt and the police force was in the hands of those corrupt politicians who sold their country to the imperialists. Most of Miami is not being bought by Donald Trump and other developers, leaving many homeless. Those of color were segregated into poor areas like Cocosolo, Cayo Hueso, and Jesús María.So on the 26th of July, I was in Cuba, the Cuba of the past. The Cuba where Batista is still god, where those who are not of the ruling class do not matter. This is the legacy of the exiles that came to Miami. They transported their system, their “Cuba,” from the Island to Miami. With it they brought all the corruption that came along.If ever they dare to ask why Cuba needed a revolution, let them look into the mirror and realize that they were the problem with Cuba and are now the problem of a city I hold dear to my heart and that many call home.In solidarity with the Cuban people and all those suffering here under imperialist, capitalist dictatorship, I say to you: ¡Hasta la victoria siempre! ¡Socialismo o muerte! (Ever onward to victory! Socialism or death!)FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Despite series loss, TCU proved they belong against No. 8 Texas Tech

first_imgReddIt Linkedin Facebook Colin Posthttps://www.tcu360.com/author/colin-post/ Linkedin printRiding a 10-game win streak and heading into the team’s toughest series yet, No. 10 TCU Baseball had something to prove this weekend against No. 8 Texas Tech.The Frogs needed to show they belong among the Big 12’s best at the top of the conference standings, despite having only seen action against Baylor and Oklahoma, two of the league’s worst.After a hard-fought series, the Frogs headed back to Fort Worth with a 2-1 series loss, but the weekend was far from a complete loss for TCU.Behind a Friday starter that has been lights-out, consistent offense from a plethora of players and newfound leadership from upperclassmen like Hunter Wolfe, the Frogs showed this weekend that they can and will continue to compete with the best that the nation has to offer.Game 1A strong first inning and another stellar outing by starter Russell Smith propelled TCU to its 11th-straight win on Friday night as the Frogs toppled the Red Raiders 7-3 to take game one of the series.First-year Brayden Taylor’s streak of four-straight games with a home run came to an end, but center fielder Phillip Sikes picked up the slack, hitting his third of the year in the first inning.The junior finished 2-for-4 on the day with two RBIs and a run scored, leading the Frogs offensively.Against one of the nation’s hardest-hitting offenses, Smith was about as good as you can be, giving up just five hits and three runs while striking out 12 batters in seven innings pitched (tied for his career-high).Smart at-bats for TCU led to three walks in the top of the first, giving the Frogs runners in position to do serious early damage. With two outs, second baseman Gray Rodgers smacked the first triple of his career to put TCU up 4-0.Moments later, Sikes hit a blast to right-center field to extend the Frogs’ lead to six and give them all the offense they would need to secure the win.From there, Texas Tech was able to put together a few runs, but a Rodgers sacrifice fly in the fifth gave TCU enough insurance for relievers River Ridings and Haylen Green to lock up the Red Raiders the rest of the way.The 11-game win streak was the longest for the Frogs since 2017.Game 2A 4th-inning grand slam from designated hitter Hunter Wolfe was not enough for TCU on Saturday as the Frogs dropped their closest conference matchup of the season 6-5 to Texas Tech on a 10th-inning walk-off home run.Starter Austin Krob was unable to carry momentum from his dominant performance last Saturday, giving up four hits and four runs over just 3.2 innings pitched.After the Red Raiders took a 1-0 lead in the first thanks to a lead-off triple and a groundout, the Frogs bounced back with a strong fourth to pick up where they left off the night before.TCU loaded the bases after three strong at-bats before Wolfe sent the first pitch he saw to orbit for his 5th homer of the season to make it 4-1. The lead was short-lived for the Frogs, though, as the Red Raiders were able to put five-straight batters on base with two outs to match TCU’s four-run 4th inning and take a 5-4 lead.Once the Frogs then tied the game at 5 in the 5th, the teams fell into a defensive battle, as neither could score the winning run by the end of the 9th inning.TCU’s stale offense carried into the 10th inning as well, and Texas Tech shortstop Cal Conley led off the bottom of the inning with a solo shot to even the series at one game apiece and snap the Frogs’ win streak.TCU is now 0-3 in extra-inning games this season.Game 3Despite getting three home runs from unlikely sources, TCU was unable to keep up with Texas Tech’s massive scoring effort on Sunday, falling in a 17-7 run rule to the Red Raiders to drop the weekend series 2-1.Elijah Nunez and Austin Henry hit their first home runs of the season, while Gray Rodgers hit just his second, but the Frogs left six men on base and were unable to truly capitalize on their 11 hits in the game.Each time TCU attempted to close the gap on Texas Tech, the Red Raiders responded, as their five home runs in the game highlighted an impressive offensive performance. After Nunez made it 3-1 with his solo shot in the third, Texas Tech scored four runs on a three-run homer and a double in the bottom of the inning to extend the deficit to six.An RBI single from Wolfe and Rodgers’ three-run blast cut the Red Raiders’ lead to three again in the 5th, but Texas Tech then all but put the nails in the coffin for TCU with a nine-run 6th inning that saw 12 batters go the plate and two home runs from the second baseman Jace Jung alone.Jung, a true first-year from San Antonio, is now tied for the lead nationally with 15 home runs in the year.Henry’s homer in the seventh brought the Frogs within 10, but they were unable to get closer than that, meaning the game ended in a run rule.Starter Johnny Ray had been unable to find any rhythm in the game, giving up six runs on three hits in just 2.1 innings pitched. Six different pitchers saw the mound for TCU in the just seven innings played.Up Next:TCU finally returns home this week, as the team looks to get back on track in a matchup with Tarleton State on Tuesday. The first pitch for the contest, which starts an eight-game home stand for the Frogs, is at 6:30 p.m. Twitter Another series win lands TCU Baseball in the top 5, earns Sikes conference award First TCU spring game since 2018 gets fans primed for a highly-anticipated fall + posts The Frogs proved that they belong near the top of the Big 12 standings this weekend, but a series loss to Texas Tech shows that there is more work to be done for the Frogs. (Photo courtesy of gofrogs.com) TCU rowing program strengthens after facing COVID-19 setbacks Taylor’s monster slam highlights big weekend for TCU Athleticscenter_img Colin Post is a Sports Broadcasting and Journalism double-major from Houston, Texas. Along with sports writing, Colin hopes to work in sports announcing after he graduates. Twitter Colin Posthttps://www.tcu360.com/author/colin-post/ No. 10 TCU continues to roll with back-to-back series sweeps, ten straight wins Facebook Colin Posthttps://www.tcu360.com/author/colin-post/ Another series win lands TCU Baseball in the top 5, earns Sikes conference award TCU baseball finds their biggest fan just by saying hello Colin Posthttps://www.tcu360.com/author/colin-post/ Colin Post Previous articleHoroscope: April 12, 2021Next articleWhat we’re reading: Protests in Minnesota after officer-involved shooting, new COVID-19 treatments Colin Post RELATED ARTICLESMORE FROM AUTHOR ReddItlast_img read more

Global Autoinjectors Market (2020 to 2026) – by Type, Application, End-use and Region –…

first_img Facebook WhatsApp WhatsApp Facebook Twitter Pinterest Pinterest DUBLIN–(BUSINESS WIRE)–Jan 28, 2021– The “Global Autoinjectors Market By Type, By Application, By End Use, By Region, Industry Analysis and Forecast, 2020 – 2026” report has been added to ResearchAndMarkets.com’s offering. The Global Autoinjectors Market size is expected to reach $5.3 billion by 2026, rising at a market growth of 17.6% CAGR during the forecast period. An autoinjector is a medical device consist of a syringe having a spring-charged needle containing a pre-charged dosage of drugs and is designed to administer a dose of a specific drug. These injectors were primarily designed to overcome the fear related to the needle-based drug delivery device used for self-administration. The system activates and administers a measured amount of a drug when pushed into the body of the subject with a downward motion. Autoinjectors are extensively used for self-administration of epinephrine in order to prevent anaphylaxis. Epinephrine is taken by migraine sufferers to get immediate pain relief and also for other medical emergency treatments. Auto-injectors have multiple benefits including reducing needle-related phobia disorder, decreases the risks of needle jammed accidents, make sure dosage quality steadiness, and serving increase effectiveness. The auto-injector market is likely to register considerable growth in the coming years, due to increased cases of anaphylaxis. In addition to it, there is a rapid rise in R&D efforts by manufacturing companies. These efforts are in direction to develop simple, cost-effective, and novel technology-based autoinjectors that can be used for the treatment of chronic diseases including rheumatoid arthritis and multiple sclerosis. Such developments are anticipated to drive the market growth during the forecast period. Companies ProfiledEli Lilly and CompanyGlaxoSmithKline PLC (GSK)Merck GroupSanofi S.A.Becton, Dickinson and CompanyTeva Pharmaceuticals Industries Ltd.Amgen, Inc.Ypsomed AGAbbVie, Inc.Biogen, Inc. Unique Offerings from the PublisherExhaustive coverageHighest number of market tables and figuresSubscription based model availableGuaranteed best priceAssured post sales research support with 10% customization free Key Topics Covered: Chapter 1. Market Scope & Methodology Chapter 2. Market Overview 2.1 Introduction 2.1.1 Overview 2.2 Key Factors Impacting the Market 2.2.1 Market Drivers 2.2.2 Market Restraints Chapter 3. Competition Analysis – Global 3.1 Cardinal Matrix 3.2 Recent Industry Wide Strategic Developments 3.2.1 Partnerships, Collaborations and Agreements 3.2.2 Product Launches and Product Expansions 3.2.3 Geographical Expansions 3.2.4 Approvals 3.3 Top Winning Strategies 3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020) 3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2016, May – 2020, Nov) Leading Players Chapter 4. Global Autoinjectors Market by Type 4.1 Global Disposable autoinjectors Market by Region 4.2 Global Reusable autoinjectors Market by Region Chapter 5. Global Autoinjectors Market by Application 5.1 Global Anaphylaxis Market by Region 5.2 Global Rheumatoid Arthritis Market by Region 5.3 Global Multiple Sclerosis Market by Region 5.4 Global Other Application Market by Region Chapter 6. Global Autoinjectors Market by End Use 6.1 Global Hospitals & Clinics Autoinjectors Market by Region 6.2 Global Home care settings Autoinjectors Market by Region Chapter 7. Global Autoinjectors Market by Region 7.1 North America Autoinjectors Market 7.2 Europe Autoinjectors Market 7.3 Asia Pacific Autoinjectors Market 7.4 LAMEA Autoinjectors Market Chapter 8. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/xdxypz View source version on businesswire.com:https://www.businesswire.com/news/home/20210128005515/en/ CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH SOURCE: Research and Markets Copyright Business Wire 2021. PUB: 01/28/2021 05:22 AM/DISC: 01/28/2021 05:21 AM http://www.businesswire.com/news/home/20210128005515/encenter_img TAGS  Global Autoinjectors Market (2020 to 2026) – by Type, Application, End-use and Region – ResearchAndMarkets.com Twitter Previous articleGlobal Eyewear Market Report 2021-2026: Spectacle Lenses, Sunglasses, Frames and Contact Lenses – ResearchAndMarkets.comNext articleSULLUM: Presidential mercy is a woefully inadequate remedy for injustice Digital AIM Web Support By Digital AIM Web Support – January 28, 2021 Local NewsBusinesslast_img read more

Loans in Forbearance Hit Two-Month Low

first_imgHome / Daily Dose / Loans in Forbearance Hit Two-Month Low Related Articles Tagged with: Forbearance Mortgage Bankers Association Mortgages The Best Markets For Residential Property Investors 2 days ago July 21, 2020 1,715 Views in Daily Dose, Featured, Foreclosure, News The total number of loans in forbearance fell by 38 basis points to 7.8% as of July 12, 2020, with the Mortgage Bankers Association (MBA) estimating 3.9 million homeowners are still in forbearance plans.The MBA’s prior report found 8.18% of loans were in forbearance. Its latest survey covers the period from July 6 through July 12 and represents 75% of the mortgage market or 37.3 million loans.Loans guaranteed by the GSEs that are in forbearance fell for the sixth consecutive week to 5.64%, which is a 43-basis-point drop. Ginnie Mae loans in forbearance fell 30 basis points to 10.26%.”The share of loans in forbearance dropped to its lowest level in over two months, driven by an increase in the pace of exits as more homeowners have been able to get back to work,” said Mike Fratantoni, MBA’s SVP and Chief Economist. “The decline in the forbearance share was broad-based, with decreases for GSE, Ginnie Mae, and portfolio/PLS loans.”Fratantoni added that nearly half of the borrowers remaining in forbearance plans are now in an extension of the original term.“The pace of new forbearance requests remains quite low compared to earlier in the crisis, but we are watching carefully for any increases due to either the pick-up in COVID-19 cases or the cessation of enhanced unemployment insurance benefits at the end of this month,” he said.The Federal Housing Finance Agency (FHFA) announced earlier this month that Fannie Mae and Freddie Mac will extend several loan origination flexibilities until August 31. These flexibilities were set to expire on July 31, 2020.Extended flexibilities include:Alternative appraisals on purchase and rate term refinance loans;Alternative methods for documenting income and verifying employment before loan closing; andExpanding the use of power of attorney and remote online notarizations to assist with loan closings.In June, the FHFA announced the GSEs would extend their single-family moratorium on foreclosures and evictions until at least August 31. The moratorium applies to all GSE-backed mortgages and was set to expire on June 30.”To protect borrowers and renters during the pandemic we are extending the Enterprises’ foreclosure and eviction moratorium. During this national health emergency no one should worry about losing their home,” said Director Dr. Mark A. Calabria. Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Loans in Forbearance Hit Two-Month Low Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Rent Prices Report Slowest Growth Since 2010 Next: FHFA Proposes Housing Goals for Fannie Mae, Freddie Mac The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Mike Albanese Share Save Forbearance Mortgage Bankers Association Mortgages 2020-07-21 Mike Albanese  Print This Post Subscribelast_img read more

Supreme Court Declines Stay On Calcutta High Court Direction To Reduce Private School Fees By 20%

first_imgTop StoriesSupreme Court Declines Stay On Calcutta High Court Direction To Reduce Private School Fees By 20% LIVELAW NEWS NETWORK28 Oct 2020 4:21 AMShare This – xThe Supreme Court on Wednesday refused to stay the directions passed by the Calcutta High Court whereby private schools were asked to reduce their fees by a minimum of 20% and to not hike fee for the financial year 2020-21.The apex court also left untouched the High Court direction that schools should not charge for non-essential services(such as laboratory, craft, sporting facilities…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?LoginThe Supreme Court on Wednesday refused to stay the directions passed by the Calcutta High Court whereby private schools were asked to reduce their fees by a minimum of 20% and to not hike fee for the financial year 2020-21.The apex court also left untouched the High Court direction that schools should not charge for non-essential services(such as laboratory, craft, sporting facilities or extracurricular activities) which the students are not availing on account of lack of physical functioning. The HC had also said that for the present financial year, only a maximum of five per cent excess of revenue over expenditure will be permissible for schools.At the same time, the SC stayed the operation of the directions numbers 8 to 16 contained in paragraph 61 of the High Court judgment delivered on October 13. As per these directions, the HC ordered for the constitution of a committee to audit the accounts of the school, directed schools to consider applications of parents for further reduction or waiver of fees based on audited financial statements etc.A bench comprising Justices Ashok Bhushan, R Subhash Reddy and M R Shah issued notice on a batch of petitions challenging the HC directions after observing that the matter required to be heard at length.The HC judgment was pronounced by a division bench comprising Justices Sanjib Banerjee and Moushumi Bhattacharya observing that “allowing the schools to charge at the usual rate would be to give a licence to unjust enrichment beyond the judicially demarcated limits.”The HC further observed that the schools have incurred less expenditure due to the lockdown.’It Is Obvious That Schools Have Incurred Less Expenditure Over A Prolonged Period Of Time’: Calcutta HC Orders Min 20% Reduction In Private School Fees [Read Order]Assailing the HC order, Senior Advocate Dr Abhishek Manu Singhvi submitted before the Supreme Court that the High Court transgressed its powers under Article 226 of the Constitution by directing private schools to reduce their fees.”High Court cannot act like a super-regulatory authority”, he submitted.He also took exception to the HC forming a committee to audit the accounts of the schools. The HC included the lawyer of the petitioner in the committee, Dr. Singhvi pointed out.Singhvi argued that as per the judgments in T M A Pai, P A Inamdar and Islamic Education Society cases, the courts cannot regulate the fees of private educational institutions. The HC order has in effect nullified the circular issued by the Government of West Bengal which permitted schools to charge proportionate fees for their services; however, the Court has not struck down the circular or found any unconstitutionality in it, Singhvi submitted.Senior Advocate Kapil Sibal, appearing for another petitioner-school, submitted that the HC could not passed a blanket general order without taking into account the different situations of each and every school. There was no factual materials before the Court to order a blanket slashing down of fees by 20%.The bench however expressed disinclination to interfere with the fee reduction.”At the time of TMA Pai, there was no COVID”, Justice M R Shah told Singhvi when the latter referred to the precedent.”How can you charge for sporting facilities, lab charges etc when there is no physical school?”, Justice Shah further observed.Click here to download the orderRead OrderNext Storylast_img read more

Ireland ‘passed worst of pandemic this year’

first_img Twitter Pinterest Facebook DL Debate – 24/05/21 WhatsApp Twitter Facebook WhatsApp Ireland has passed the worst of the Covid-19 pandemic this year, according to the Deputy Chief Medical Officer.Dr Ronan Glynn says he’s hopeful people won’t have to go through what happened in January, again.NPHET’s reporting “steady progress” against all indicators of the disease, with the latest figures showing 829 new cases and 6 deaths – 9 of the new cases were in Donegal.Meanwhile the numbers in public hospitals are down around 46 per cent from its peak last month to 1,100, while 175 patients are in ICU.As of last night there were 68 confirmed cases in Letterkenny University Hospital, 4 in ICUDr Ronan Glynn says there are many reasons to be optimistic:Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2021/02/glynn7am-1.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Important message for people attending LUH’s INR clinic Derry draw with Pats: Higgins & Thomson Reaction Ireland ‘passed worst of pandemic this year’center_img News, Sport and Obituaries on Monday May 24th Google+ Harps come back to win in Waterford By News Highland – February 9, 2021 AudioHomepage BannerNews FT Report: Derry City 2 St Pats 2 Pinterest Previous articleSignificant decrease in Covid-19 cases reported in Donegal this eveningNext articleGovernment urged to close digital divide News Highland RELATED ARTICLESMORE FROM AUTHOR Google+last_img read more