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Paint scheme preview: Subway Fresh Fit 500

first_imgSHOP: Carl Edwards die-castsREAD MORE: Martin Truex Jr. will drive the No. 56 NAPA Filters Toyota.SHOP: Martin Truex Jr. die-castsKurt Busch will drive the No. 78 Furniture Row Chevrolet. Below are some of the special paint schemes you’ll see at the Subway Fresh Fit 500.RELATED: Purchase die-casts of favorite driver | Classic die-castsKasey Kahne will drive the No. 5 Quaker State Chevrolet. SHOP: Marcos Ambrose die-castsMatt Kenseth will drive the No. 20 Husky Toyota. SHOP: Kurt Busch die-castsCarl Edwards will drive the No. 99 Subway Ford. SHOP: Kasey Kahne die-casts Editor’s note: This story will be updated as additional paint schemes are revealed.After an eventful Speedweeks — which included the fan-controlled Sprint Unlimited, heated Daytona Duels (won by Kevin Harvick and Kyle Busch), a Camping World Truck Series opener that saw a veteran regular (Johnny Sauter) take the checkered flag, a subdued victory for Tony Stewart in the NASCAR Nationwide Series race and Jimmie Johnson winning his second Daytona 500 — teams now head west for the two-week West Coast swing.The first race is at Phoenix International Raceway, which has been recently reconfigured and repaved, changing how the drivers race the course.Traditionally teams will swap their cars in hotel parking lots, as the haulers head to Las Vegas Motor Speedway for the race just a few days later.VIDEO: Jimmie Johnson wins the Daytona 500 SHOP: Jeff Burton die-castsKen Schrader will drive the No. 32 SAFE SKIES LOCKS Ford. SHOP: Aric Almirola die-castsBobby Labonte will drive the No. 47 Glad Toyota.SHOP: Bobby Labonte die-casts READ: Phoenix by the numbers SHOP: Matt Kenseth die-castsJeff Gordon will drive the No. 24 Pepsi MAX Chevrolet.center_img Marcos Ambrose will drive the No. 9 DeWALT Ford. WATCH: Phoenix fantasy showdown Special paint schemes for the Subway Fresh Fit 500 unveiled SHOP: Die-castsAric Almirola will drive the No. 43 Farmland Ford. READ: Phoenix paint scheme preview SHOP: Kevin Harvick die-castsJeff Burton will drive the No. 31 Cheerios Chevrolet. SHOP: Jeff Gordon die-castsKevin Harvick will drive the No. 29 Jimmy John’s Chevrolet. READ: Subway Fresh Fit 500 entry list ___________________________________________________________________________________________We apologize. We are having technical issues with our comment sections and fan community and it is temporarily unavailable. We are actively working on these issues and hope to have it up and running soon. We are also working on enhancements to provide a better forum for our fans. We appreciate your patience and apologize for the inconvenience.last_img read more

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Institute of Politics, 50 years in

first_img During “A Conversation with Former IOP Directors” in September 2011, moderator Trey Grayson (from left), director of the Institute of Politics; Jonathan Moore, associate of the Shorenstein Center; Jim Leach, chairman of the National Endowment for the Humanities; Phil Sharp, president of Resources for the Future; Dan Glickman, executive director of the Aspen Institute Congressional Program; and U.S. Sen. Jeanne Shaheen (via videolink) speak inside the John F. Kennedy Jr. Forum. Kris Snibbe/Harvard Staff Photographer Activist Stokely Carmichael in the JFK Jr. Forum in 1979. Photo by Richard Feldman Harold Washington, mayor of Chicago, with Harvard College students at Quincy House, April 1984. Photo by Martha Stewart Stan Greenberg (from left), Mary Matalin, and James Carville at the IOP’s fall 1992 Campaign Decision Makers Conference. Photo by Martha Stewart Ben Bradlee, executive director of the Washington Post, delivers a 1991 speech in the JFK Jr. Forum on “The Press and Public Policy in the Age of Manipulation,” as Marvin Kalb, Edward R. Murrow Professor of Practice emeritus, looks on. Courtesy of the IOP Yasser Arafat, president of the Palestinian National Authority, addresses the JFK Jr. Forum, Oct. 24, 1995. Photo by Martha Stewart Hillary Clinton speaks to students at the Harvard Kennedy School. Sen. John Kerry and His Holiness the Dalai Lama at the JFK Jr. Forum, Sept. 10, 1995. Photo by Martha Stewart Sen. Edward M. Kennedy during a JFK Jr. Forum event with Sen. Daniel Patrick Moynihan on “America’s Poor: What is to be Done?” in September 1986. Photo by Martha Stewart U.S. senator and former presidential candidate Eugene McCarthy addresses the JFK Jr. Forum, March 17, 1992. Photo by Martha Stewart The future of politics Former President of the Soviet Union Mikhail Gorbachev addresses the JFK Jr. Forum, May 16, 1992. Photo by Martha Stewart Joseph Nye (from left), director of the Belfer Center for Science and International Affairs; Sergei Khrushchev, son of Soviet Chairman Nikita Khrushchev; Sergo Mikoyan, son of Soviet First Deputy Premier Anastas Mikoyan; and Graham Allison, dean of the Harvard Kennedy School, at dinner before the JFK Jr. Forum discussion “On the Brink: A Soviet Re-examination of the Cuban Missile Crisis,” Feb. 15, 1989. Photo by Martha Stewart U.S. Vice President Joseph R. Biden speaks with Harvard Kennedy School student Emelia San Miguel after delivering a foreign policy address on Oct. 2, 2014. Jon Chase/Harvard Staff Photographer 50 years of history at the IOP Rep. Elise Stefanik ’06, who represents New York’s 21st Congressional District and at age 30 is the youngest woman ever elected to the U.S. House, got her start when she was chosen to help run a weekly study group for Ted Sorensen, President Kennedy’s former speechwriter, then a senior IOP fellow. “That to me was just an amazing experience. After that, I was hooked,” she said.While at Harvard, Stefanik also taught civics to Boston and Cambridge public school students as part of the IOP’s civics program, worked on the Harvard Public Opinion Project, and launched the Women’s Initiative in Leadership program during her senior year. She credits the IOP with instilling the skills and confidence that prepared her to run for office.“There is no other institution around the world that is at the caliber of the Institute of Politics in terms of exposure and having a seat at the table to discuss issues with world leaders, political practitioners, and well-respected members of the media,” she said.For Massachusetts State Sen. Eric Lesser ’07, the IOP led him to volunteer for the presidential campaign of Barack Obama in 2007-2008, right after his graduation.“I think what the IOP did more than anything was just draw in my perspective and really taught me that there were a lot of other people … who had idealism about the process, that had idealism about the need to get involved,” said Lesser, who went on to work as an aide to the Obama campaign’s chief strategist, David Axelrod, in the White House, where the institute’s impressive alumni network was a professional and social boon for a young staffer.“The chance to meet so many other students your age, similar in the same types of work that you are doing, who are also motivated by this idealistic sense that government can be a source for good for people, is a unique opportunity. And it will serve you your whole career because those friendships you’ll make at the IOP — the relationships you’ll build at the IOP — they’re your classmates and friends, and they’re also going to be your colleagues for years into the future.” At a time when the noble aim of politics feels like it has been consumed by negativity, the Institute of Politics (IOP) at Harvard Kennedy School (HKS) has stayed true to the notion that politics and even governing can be forces for good.Established as a memorial to President John F. Kennedy and his famous call to America’s youth to give back to the country, for half a century the IOP has inspired and prepared Harvard undergraduates to consider and take up a life in politics and public service through an array of offerings, including its fellows program, summer internships, and lectures by world leaders and newsmakers in the JFK Jr. Forum.This week, alumni and fellows will return to campus as the IOP hosts a three-day celebration Thursday through Saturday to mark its 50th anniversary. The Hon. Nancy Pelosi, speaker of the United States House of Representatives, visits the Harvard Kennedy School’s Institute of Politics, Nov. 13, 2009. Photo by Jill Foley John F. Kennedy Jr. (center) and Ron Brown (far right) with students during a fall 1987 IOP Senior Advisory Committee meeting. Photo by Martha Stewart Stephen Colbert, host of “The Colbert Report” on Comedy Central, holds a portrait of radio talk show host Bill O’Reilly at the Harvard Kennedy School, Dec. 1, 2006. Photo by Justin Ide Carl Bernstein (left), contributing editor of Vanity Fair, and Bob Woodward, assistant managing editor of The Washington Post, spoke with Alex Jones, director of the Shorenstein Center, at the JFK Jr. Forum, Dec. 5, 2005. The forum was titled “Anonymous Sources: Lessons Learned.” Stephanie Mitchell/Harvard Staff Photographer On Dec. 11, 2008, Gwen Ifill (from left), managing editor of Washington Week, moderated the JFK Jr. Forum “War Stories,” a conversation with David Axelrod, chief strategist for the Obama presidential campaign, and David Plouffe, campaign manager for the Obama presidential campaign, and (not pictured) Rick Davis, campaign manager for the John McCain presidential campaign, and Bill McInturff, chief pollster for the McCain presidential campaign. Photo by Justin Ide “For me, their summer stipend [$500] proved a defining part of my career because it allowed me to go to Washington to intern for my congressman, Rev. Robert Drinan, the Jesuit priest, a Democrat from Massachusetts,” said Mark Gearan ’78, former head of the Peace Corps and now president of Hobart and William Smith Colleges in New York.“It allowed me to see pathways into public policy for careers; it allowed me to exchange ideas with people who were very different from me. My senior college roommate was then the president of the Republican Club, [conservative radio talk show host] Hugh Hewitt. We were an unlikely rooming pair politically. But I think that has always been a hallmark of the institute — working in a nonpartisan way to encourage young people to think about careers in politics and public service,” he said. “That was important in 1978 when I was there … [and] it could not be more important for what the institute’s doing for the next 50 years.”last_img read more

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Propagation

first_imgThose attending the “Plant Propagation from A to Z” seminar on Jan. 25 in Athens can expect hands-on fun, and that includes smashing berries for their seeds. The class may get messy, but attendees will go home with useable skills, seeds and trays of plant cuttings.“The purpose of this workshop is to give the average person who really loves plants the know-how to replicate them, to make more of them,” said Thomas, an associate professor of floriculture and Cooperative Extension specialist with the University of Georgia College of Agricultural and Environmental Sciences.The workshop, coordinated by Pennisi, will be held from 8:25 a.m. until 3:30 p.m. at the Classic Center in downtown Athens and covers the basics from seed to cuttings. Thomas started the class in 1993 with 300 attendees, and Pennisi has successfully enlarged the scope of the program over the last five years.“We fill the room every session,” said Pennisi, a UGA Extension floriculture specialist. “People really enjoy this workshop and we have a great time sharing what we know.”The speakers will start the workshop by boiling down the finer points of using seeds. Every type of seed is different and has different needs. Lettuce seeds, for example, can’t be buried, Thomas said. For lettuce to germinate, the seeds must be placed on top of the soil to get an adequate amount of sunlight and moisture. Light triggers their germination.A significant feature of the program is the great variety of plants the attendees will take home.“We run around the campus and the State Botanical Garden of Georgia looking for native seeds,” Thomas said. “We also bring in unusual tropical and herbaceous materials. We cover the entire gamut.” The fundamental principles of plant propagation will also be covered at the workshop. Methods and techniques in rooting perennials and woody plants and how to set up a successful propagation program will be taught, too.Workshop activities also include hands-on seed and woody plant propagation. Thomas said the group will cut up oranges, smash rotten fruit and smear berries to collect seeds and then learn the proper way to take a plant cutting.“We have them leave with several dozen cuttings to root out at home,” he said. “It doesn’t end with this class. We give them one heck of a homework job. They find out what it’s really like to be a horticulturalist.”Other workshop speakers from the University of Georgia include horticulture greenhouse manager Pam Lewis.For more information on the workshop, call (706) 632-0100.(Stephanie Schupska is a news editor with the University ofGeorgia College of Agricultural and Environmental Sciences.) By Stephanie SchupskaUniversity ofGeorgiaBodie Pennisi and Paul Thomas promise purple hands, and it won’t be due to the cold.last_img read more

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Pecan potential

first_imgBy Brad HaireUniversity of GeorgiaDespite a late, damaging spring freeze and a summertime drought, or maybe because of it, Georgia’s pecan crop is on target to be the best in years, says a University of Georgia expert.”The trees have a big crop set on them now, and it’s looking really good,” said Lenny Wells, a pecan specialist with the UGA Cooperative Extension.Georgia pecan farmers could produce 90 million to 95 million pounds this year, he said, double last year’s near-record low production and the most since 2001.A harsh Easter freeze damaged many central and east Georgia trees just as they were blooming. It entirely wiped out a few orchards, he said. But most trees weathered it well in southwest Georgia, the hub of pecan production.Georgia has been in extreme drought for much of the summer. It has stressed trees at times. But it also has kept disease and insect damage very low, he said, which has helped trees and saved farmers money. About 60 percent of Geogia’s orchards have irrigation to supplement water during drought.Pecan farmers almost always battle scab, a fungal disease that can defoliate trees and cut yields. But due to dry conditions this year, “you’d be hard pressed to find any, even in susceptible varieties,” he said.In a wet summer, farmers may spray for the disease more than 15 times trying to keep it from taking over. This year, however, they’ve sprayed half that many times. One spray can cost $10 to $14 per acre.Because heat and drought slow insects’ feeding and reproduction, he said, farmers have sprayed much less to control bugs such as aphids, mites and shuck worms, too. And recent high temperatures have almost completely shut these bugs down.But the crop isn’t harvested yet. In the next three to four weeks, the trees will enter a critical time for water. Harvest starts in mid-October and runs through Thanksgiving. Any hurricanes or storms with high winds between now and then could cut the crop short of expectations.Pecan trees are alternate-bearing, meaning they produce a full crop every other year. Most trees in the state are on the same cycle, and this is an “on” year for Georgia pecans.Some farmers are interested in evening out this cycle, Wells said, and have started using a technique called fruit thinning.The technique has been around a long time in farming. The idea is to remove some developing fruit, or nuts, early in a season, reducing the overall load on a tree. The tree then concentrates energy into the remaining fruit, ensuring better quality fruit.”Fruit thinning basically helps ensure better quality in a year like this,” he said. “And it can lead to a bigger crop the following year in pecans.”The idea for doing this with pecans started in the early 1990s, but it’s only now gained a little popularity. It has to be done at the right time for pecans, he said, and some care needs to be taken to prevent tree damage.For more than half a century, Georgia farmers have been major U.S. pecan suppliers. They now grow pecans on 140,000 acres. The crop is worth $50 million to $100 million annually.last_img read more

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Fortis payment, Irene lower CVPS’ Q3 earnings

first_imgCentral Vermont Public Service (NYSE: CV) reported consolidated earnings of $0.5 million, or 2 cents per diluted share of common stock, for the first nine months of 2011 compared to $15.6 million, or $1.27 per diluted share of common stock, for the same period in 2010. The third-quarter results were a loss of $8.6 million or 65 cents per common share, $1.44 lower than in 2010.The reduced earnings of $15.1 million for the nine months of 2011, compared to 2010 were primarily due to costs associated with the company’s pending sale to a subsidiary of Gaz Métro Limited Partnership, Northern New England Energy Corporation, which included a $19.5 million termination payment to Fortis Inc. Other factors were increases in operating expenses, including service restoration costs, partially offset by related deferrals as allowed by our alternative regulation plan.”While the earnings were negatively affected in the short term by storm costs and costs related to the sale of the company, we continue to operate efficiently,” CVPS President and CEO Larry Reilly said. “Under the sale agreement with Gaz Métro, we expect to continue to pay our normal quarterly dividend of 23 cents per share until closing.”In the meantime, we are focused on providing customers with top-notch service and working with Gaz Métro and Green Mountain Power to plan and implement a smooth transition process,” Reilly said. “Teams that include employees from CVPS and GMP are diligently working together to examine both companies’ work processes and best practices so we can take the best of both companies and build one even better company to serve our collective customers going forward.” Year-to-date earnings of $0.5 million, or 2 cents per diluted share, $1.25 lower than 2010$13.1 million increase in operating revenues$ 6.9 million increase in service restoration costs (primarily Tropical Storm Irene)$ 5.0 million increase in exogenous cost deferrals (mostly major storms, 2011 vs. 2010)$ 8.7 million increase in transmission costs$ 4.9 million increase in equity in earnings of affiliates$26.6 million in merger-related costs (includes $19.5 million Fortis termination fee)Third-quarter loss of $8.6 million, or 65 cents per diluted share, $1.44 lower than 2010$ 2.7 million increase in operating revenues$ 9.5 million increase in service restoration costs (primarily Tropical Storm Irene)$ 5.0 million increase in exogenous cost deferrals (mostly major storms, 2011 vs. 2010)$ 6.1 million increase in transmission costs$ 1.5 million increase in equity in earnings of affiliates$23.4 million in merger-related costs (includes $19.5 million Fortis termination fee)Due to pending merger, earnings guidance is discontinued Year-to-Date 2011 results compared to 2010Operating revenues increased $13.1 million, including a $16.1 million increase in retail revenues, a $2.5 million increase in the provision for rate refund, partially offset by a $4.2 million decrease in resale revenue, and a $1.3 million decrease in other operating revenues.The increase in retail revenues primarily resulted from a 7.46 percent base rate increase, effective January 1, 2011, higher customer usage due to colder winter and spring weather in 2011, and the acquisition of Vermont Marble on September 1, 2011, including Omya Industries, Inc., our largest industrial customer. The provision for rate refund is the net impact in the period of collections and refunds of amounts previously deferred, as required by the power cost adjustment component of our alternative regulation plan. Resale revenues decreased due to lower contract prices associated with the sale of our excess energy, and lower volume available for resale due to higher retail load. Other operating revenues decreased primarily due to less mutual aid provided to other utilities in 2011.Purchased power expense decreased $1 million, comprised of a decrease of $7.4 million from lower capacity costs and lower volumes from ISO-NE, a decrease of $2.6 million from market purchases related to 2010 refueling outages, and a $0.9 million decrease from lower output from Hydro-Québec, partially offset by an increase of $7.3 million due to higher output at the Vermont Yankee plant in 2011 and higher related capacity costs, an increase of $1.9 million due to higher output and market rates from independent power producers, and $0.7 million of nuclear outage deferrals in 2010.Other operating expenses increased $15.8 million. This included a $6.9 million increase in service restoration costs, related to Tropical Storm Irene in August 2011, partially offset by the cost of a major storm in February 2010. Also included was an increase of $8.7 million in transmission expenses driven by higher rates from ISO-NE, higher Vermont Transmission Agreement billings, net of higher NEPOOL Open Access Transmission Tariff reimbursements, a $2.4 million increase in regulatory amortizations, a $0.9 million increase in depreciation expense due to an increase in utility plant assets, including the acquisition of Vermont Marble, and various other items. These increases were partially offset by a $5 million net increase in regulatory deferrals, including $8.6 million of 2011 exogenous cost deferrals mostly related to Tropical Storm Irene, partially offset by $3.6 million of 2010 exogenous cost deferrals related to major storms and tax law changes. We also had a $1.3 mil lion decrease in operating income tax expense as a result of a lower level of earnings.Equity in earnings of affiliates increased $4.9 million due to the return on the $34.9 million investment that we made in Transco in December 2010.Other, net decreased $26.6 million primarily due to a $19.5 million termination payment to Fortis Inc., $6.6 million of other merger-related costs, and $0.4 million of lower income from variable life insurance policies.Third quarter 2011 results compared to 2010Third quarter operating revenues increased $2.7 million for many of the same reasons cited above.Purchased power expense decreased $3.2 million for many of the same reasons cited above.Other operating expenses increased $12.8 million for the same reasons described above.Equity in earnings of affiliates increased $1.5 million for the same reason cited above.Other, net decreased $24 million for the same reasons cited above.2010 Common Stock IssuanceEarnings per share for 2011 reflect the impact of shares issued under our continuous offering equity program. From April to December 2010, CV sold an aggregate of 1,498,745 shares in open market trading and direct placements under this program for aggregate gross proceeds of approximately $30.6 million. The net proceeds of the offering were used for general corporate purposes. No equity issues are anticipated in 2011.2011 Earnings Guidance Due to the pending merger, the Company has discontinued earnings guidance.Webcast CV will host an earnings teleconference and webcast on November 9, 2011, beginning at 2 p.m. Eastern Time. At that time, CV President and CEO Larry Reilly and Chief Financial Officer Pamela Keefe will discuss the company’s financial results and recent developments in the company’s planned sale and merger.Interested parties may listen to the conference call live on the Internet by selecting the “CVPS 2011 3rd Quarter Earnings Conference Call” link on the “Investor Relations” section of the company’s website atwww.cvps.com(link is external). An audio archive of the call will be available later that day at the same location or by dialing1-877-660-6853 within the U.S. or internationally by dialing 1-201-612-7415 and entering Account 286 and Conference ID 380592.About CVCV is Vermont’s largest electric utility, serving more than 160,000 customers statewide. CV’s non-regulated subsidiary, Catamount Resources Corporation, sells and rents electric water heaters through a subsidiary, SmartEnergy Water Heating Services.Form 10-QOn Tuesday, November 8, 2011, the company filed its quarterly Form 10-Q with the Securities and Exchange Commission. A copy of that report is available on our web site, www.cvps.com(link is external), under the “Investor Relations” section. Please refer to it for additional information regarding our condensed consolidated financial statements, results of operations, capital resources and liquidity. Reconciliation of Earnings (Losses) Per Diluted Share First Nine Months Third Quarter 2011 vs. 2010 2011 vs. 2010 ————— —————2010 Earnings per diluted share $ 1.27 $ 0.79 Major Statement of Operations Variances:—————————————— Higher operating revenue – retail sales volume 0.06 0.02 Merger-related fees (1.17) (1.03) 2010 Exogenous cost deferral, net of costs incurred (major storm in February 2010) 0.00 (0.16) Variable life insurance (0.03) (0.06) Other (includes impact of additional common shares, income tax adjustments, and various items) (0.11) (0.21) ————— —————2011 Earnings (losses) per diluted share $ 0.02  $ (0.65)  =============== =============== Forward-Looking StatementsStatements contained in this press release that are not historical fact are forward-looking statements intended to qualify for the safe-harbors from the liability established by the Private Securities Litigation Reform Act of 1995. Statements made that are not historical facts are forward-looking and, accordingly, involve estimates, assumptions, risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. Actual results will depend, among other things, upon the actions of regulators, performance of the Vermont Yankee nuclear power plant, effects of and changes in weather and economic conditions, volatility in wholesale electric markets, volatility in the financial markets, and our ability to maintain our current credit ratings. These and other risk factors are detailed in CV’s Securities and Exchange Commission filings. CV cannot predict the outcome of any of these matters; accordingly, th ere can be no assurance that such indicated results will be realized. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date of this press release. CV does not undertake any obligation to publicly release any revision to these forward-looking statements to reflect events or circumstances after the date of this press release. Central Vermont Public Service Corporation – Consolidated Earnings Release (dollars in thousands, except per share amounts) Three months ended Nine months endedCondensed Income September 30 September 30 statement 2011 2010 2011 2010———————— ———– ———– ———– ———–Operating revenues: Retail sales $78,643 $ 73,766 $ 233,539 $ 217,413 Resale sales 4,973 8,299 22,412 26,622 Provision for rate refund 1,318 18 4,876 2,344 Other 3,117 3,309 8,577 9,957 ———– ———– ———– ———–Total operating revenues 88,051 85,392 269,404 256,336 ———– ———– ———– ———– Operating expenses: Purchased power – affiliates and other 37,863 41,109 118,993 120,038 Other operating expenses 44,001 31,247 133,693 117,857 Income tax expense 1,762 4,407 4,138 5,454 ———– ———– ———– ———– Total operating expense 83,626 76,763 256,824 243,349 ———– ———– ———– ———–Utility operating income 4,425 8,629 12,580 12,987 ———– ———– ———– ———– Other (loss) income: Equity in earnings of affiliates 6,821 5,347 20,749 15,857 Other, net (23,484) 491 (26,298) 334 Income tax benefit (expense) 7,140 (1,631) 3,616 (4,934) ———– ———– ———– ———– Total other (loss) income (9,523) 4,207 (1,933) 11,257 ———– ———– ———– ———– Interest expense 3,548 2,846 10,132 8,607 ———– ———– ———– ———–Net (loss) income (8,646) 9,990 515 15,637Dividends declared on preferred stock 92 92 276 276 ———– ———– ———– ———–(Loss) earnings available for common stock $(8,738) $ 9,898 $ 239 $ 15,361 =========== =========== =========== =========== Per common share data————————(Loss) earnings per share of common stock – basic $ (0.65) $ 0.79 $ 0.02 $ 1.27(Loss) earnings per share of common stock – diluted $ (0.65) $ 0.79 $ 0.02 $ 1.27 Average shares of common stock outstanding – basic 13,425,986 12,516,488 13,393,293 12,109,796Average shares of common stock outstanding – diluted 13,425,986 12,545,987 13,482,376 12,140,191 Dividends declared per share of common stock $ 0.23 $ 0.23 $ 0.92 $ 0.92Dividends paid per share of common stock $ 0.23 $ 0.23 $ 0.69 $ 0.69 Supplemental financial statement data————————Balance sheet Investments in affiliates $178,343 $ 134,802 Total assets $751,786 $ 646,297 Common stock equity $262,409 $ 253,966 Long-term debt (excluding current portions) $232,281 $ 158,300Cash Flows Cash and cash equivalents at beginning of period $ 2,676 $ 2,069 Cash provided by operating activities 41,721 38,042 Cash used for investing activities (43,738) (21,623) Cash provided by (used for) financing activities 1,051 (14,543) ———– ———– ———– ———– Cash and cash equivalents at end of period $ 1,710 $ 3,945 =========== =========== =========== =========== Refer to our 2011 Form 10-Q for additional information RUTLAND, VT–(Marketwire – November 08, 2011)last_img read more

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Salvadoran Navy Refines Drug Enforcement Strategy

first_imgOn the night of January 18, another Navy team detained a boat off the beach in the department of Sonsonate. The crew – two Guatemalan nationals and one Nicaraguan national – were allegedly transporting 448 kilograms of cocaine. “When the Military approached, the occupants performed evasion maneuvers so as not to be discovered,” one of the undercover Naval Service Members said on the night of the operation. “They were captured in spite of their efforts. The drugs discovered during this procedure have a street value of 11 million dollars.” “The FNES is strengthening the country’s efforts to eradicate the structures of drug traffickers using this region to smuggle drugs,” said El Salvador’s Minister of Defense David Munguía Payés in a televised interview. “Our interdiction operations have been effective, and we are blocking off the drug traffickers’ routes.” The Salvadoran Navy (FNES) is using more effective tactics to take aim at drug vessels that attempt to transport drugs to the United States daily. The Navy comprises the Pacific operational arm of the Cuscatlán Joint Group (GCC, for its Spanish acronym), an interagency team whose mission is to combat shipments of large amounts of drugs. This multidisciplinary effort is performed with the support of the United States Southern Command (SOUTHCOM); it was established in 2012 to better integrate the National Civil Police (PNC), customs and port authorities, and local military in the fight against transnational organized crime. Since its creation, GCC has improved interagency cooperation and provided a quick reaction team to combat criminal activity on the coast. The Salvadoran Navy (FNES) is using more effective tactics to take aim at drug vessels that attempt to transport drugs to the United States daily. The Navy effectively carried out these types of operations and other anti-drug missions in 2014, such as Special Operation LIONFISH II, which involved the participation of several drug enforcement officers from the PNC. The operation resulted in the seizure of 864 kilograms of cocaine in December; that month, Naval Service Members detained a boat from Ecuador carrying 498 kilograms of cocaine off a beach in the department of La Libertad, and another from Guatemala, carrying 366 kilograms of cocaine, off a beach in the department of La Paz. “The seizures are the result of the excellent domestic and foreign coordination that we have with international drug enforcement institutions and agencies,” Captain Merino added. “In addition, we conducted intelligence work along the coasts and we responded to crime reports filed by citizens.” For example, on the morning of January 29, personnel from the Salvadoran Air Force (FAS) spotted a suspicious boat on the beach in the department of La Libertad. The pilots sent a signal to the Navy, and Naval forces attempted to detain the vessel at 4 nautical miles at sea. However, since the crew did not obey orders to halt, the Navy intercepted the vessel. One Salvadoran national and one Guatemalan national were attempting to transport one ton of cocaine, worth $15.6 million, from Nicaragua to Guatemala. About 87 percent of the drugs that traffickers smuggle from South America to the United States are transported along the Pacific coastal waters of Central America. As a consequence of its improved tactics, the Navy is seizing more of these drug shipments. The Navy also is supported by a fleet of A-37 FAS airplanes, whose mission is to safeguard airspace in the region, both mainland and islands, and over the territorial waters. “The seizures are the result of the excellent domestic and foreign coordination that we have with international drug enforcement institutions and agencies,” Captain Merino added. “In addition, we conducted intelligence work along the coasts and we responded to crime reports filed by citizens.” “When the GCC detects a vessel traversing our territorial waters in coordination with SOUTHCOM, the Navy intercepts it immediately. In doing so, we are reducing the arrest and seizure times,” Defense Minister Munguía Payés added. “These airplanes are a deterrent, not just in national defense, but also in the war on drugs, because they are rapid interceptors,” Defense Minister Munguía Payés added during the televised interview. “If we detect vessels carrying drugs in our territorial waters, or we suspect such vessels are related to organized crime, the airplanes can intercept them.” The Navy comprises the Pacific operational arm of the Cuscatlán Joint Group (GCC, for its Spanish acronym), an interagency team whose mission is to combat shipments of large amounts of drugs. This multidisciplinary effort is performed with the support of the United States Southern Command (SOUTHCOM); it was established in 2012 to better integrate the National Civil Police (PNC), customs and port authorities, and local military in the fight against transnational organized crime. Since its creation, GCC has improved interagency cooperation and provided a quick reaction team to combat criminal activity on the coast. The Navy effectively carried out these types of operations and other anti-drug missions in 2014, such as Special Operation LIONFISH II, which involved the participation of several drug enforcement officers from the PNC. The operation resulted in the seizure of 864 kilograms of cocaine in December; that month, Naval Service Members detained a boat from Ecuador carrying 498 kilograms of cocaine off a beach in the department of La Libertad, and another from Guatemala, carrying 366 kilograms of cocaine, off a beach in the department of La Paz. “These airplanes are a deterrent, not just in national defense, but also in the war on drugs, because they are rapid interceptors,” Defense Minister Munguía Payés added during the televised interview. “If we detect vessels carrying drugs in our territorial waters, or we suspect such vessels are related to organized crime, the airplanes can intercept them.” Captain René Merino, FNES Chief of Naval Operations, said this level of coordination aids is increasing the teams’ effectiveness. “When the Military approached, the occupants performed evasion maneuvers so as not to be discovered,” one of the undercover Naval Service Members said on the night of the operation. “They were captured in spite of their efforts. The drugs discovered during this procedure have a street value of 11 million dollars.” “We work as maritime fishermen, and that’s how [the drug traffickers] recruited us,” explained Miguel Antonio Parada, the detained Salvadoran national, during a press conference the same day. “They threatened to kill our families if we didn’t make the trip, so we did it. But we never resisted arrest.” center_img “The FNES is strengthening the country’s efforts to eradicate the structures of drug traffickers using this region to smuggle drugs,” said El Salvador’s Minister of Defense David Munguía Payés in a televised interview. “Our interdiction operations have been effective, and we are blocking off the drug traffickers’ routes.” About 87 percent of the drugs that traffickers smuggle from South America to the United States are transported along the Pacific coastal waters of Central America. As a consequence of its improved tactics, the Navy is seizing more of these drug shipments. Captain René Merino, FNES Chief of Naval Operations, said this level of coordination aids is increasing the teams’ effectiveness. From November through December last year, the FNES seized 922 kg of cocaine, with a value of approximately $23 million. They arrested 31 suspects and detained 14 small vessels. From January through March this year, the FNES seized 1,069 kg valued at $26.5 million, arrested 15 suspects and detained five small vessels. “When the GCC detects a vessel traversing our territorial waters in coordination with SOUTHCOM, the Navy intercepts it immediately. In doing so, we are reducing the arrest and seizure times,” Defense Minister Munguía Payés added. “We work as maritime fishermen, and that’s how [the drug traffickers] recruited us,” explained Miguel Antonio Parada, the detained Salvadoran national, during a press conference the same day. “They threatened to kill our families if we didn’t make the trip, so we did it. But we never resisted arrest.” Regional effort produces good results From November through December last year, the FNES seized 922 kg of cocaine, with a value of approximately $23 million. They arrested 31 suspects and detained 14 small vessels. From January through March this year, the FNES seized 1,069 kg valued at $26.5 million, arrested 15 suspects and detained five small vessels. The Navy also is supported by a fleet of A-37 FAS airplanes, whose mission is to safeguard airspace in the region, both mainland and islands, and over the territorial waters. Regional effort produces good results “We are making it tougher for drug traffickers to use Salvadoran waters to smuggle drugs,” Captain Merino said. “In addition, we are coordinating closely with the Guatemalan and Nicaraguan Navies, and we exchange information with them to attack these structures. Lastly, the FNES conducts daily patrols, both along the coast and at sea.” “We are making it tougher for drug traffickers to use Salvadoran waters to smuggle drugs,” Captain Merino said. “In addition, we are coordinating closely with the Guatemalan and Nicaraguan Navies, and we exchange information with them to attack these structures. Lastly, the FNES conducts daily patrols, both along the coast and at sea.” By Dialogo June 18, 2015 The effectiveness achieved through the national drug enforcement strategy is of the highest importance for regional efforts to close off routes to drug trafficking vessels, Captain Merino said. The effectiveness achieved through the national drug enforcement strategy is of the highest importance for regional efforts to close off routes to drug trafficking vessels, Captain Merino said. For example, on the morning of January 29, personnel from the Salvadoran Air Force (FAS) spotted a suspicious boat on the beach in the department of La Libertad. The pilots sent a signal to the Navy, and Naval forces attempted to detain the vessel at 4 nautical miles at sea. However, since the crew did not obey orders to halt, the Navy intercepted the vessel. One Salvadoran national and one Guatemalan national were attempting to transport one ton of cocaine, worth $15.6 million, from Nicaragua to Guatemala. On the night of January 18, another Navy team detained a boat off the beach in the department of Sonsonate. The crew – two Guatemalan nationals and one Nicaraguan national – were allegedly transporting 448 kilograms of cocaine. Servicemen can do their jobs. They can’t be in the battalions they can carry out military operations. I trust them more than other authorities who want to screw the people There are more train that will be ablelast_img read more

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Long Island Voters Hit Polls for Election Day

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Long Island voters are casting their ballots Tuesday in the Election Day that will decide who will be their governor, congressional representative, New York State senator, Assembly member and a few other titles.Some of the most closely watched local races include the rematch between U.S. Rep. Tim Bishop (D-Southampton) and his challenger, state Sen. Lee Zeldin (R-Shirley), as well as the race to replace Zeldin pitting environmentalist Adrienne Esposito, the Democratic candidate, against Republican Islip Town Supervisor Tom Croci. Voters will also decide who will replace retiring U.S. Rep. Carolyn McCarthy (D-Mineola)—Democratic Nassau County District Attorney Kathleen Rice or former Republican county legislator Bruce Blakeman.“I vote every year, regardless of whether it’s a presidential or an off-year election,” Robert Cipriano, 52, of Northport, told the Press after he voted at William Brosnan School, where turnout was slow but steady. “What brought me out today was, you know, change!”CHECK OUT THE 2014 LONG ISLAND VOTER’S GUIDE HEREAlthough voter turnout in the so-called midterm elections—the congressional elections that fall halfway through the president’s term—is generally lower than in presidential election years, the governor’s race is expected to get more traffic at polling places, political observers say.At the top of the ticket is freshman Gov. Andrew Cuomo, who’s running for his second term against Westchester County Executive Rob Astorino, the Republican challenger. Also running in the gubernatorial race are Howie Hawkins, the Green Party candidate, Michael McDermott, the Libertarian Party candidate and Steven Cohen, a member of the upstart Sapient Party. The other statewide races on the ballots include the state attorney general and comptroller.Aside from Bishop and McCarthy’s seats, the other three local congressional races include U.S. Rep. Steve Irsael (D-Dix Hills) who’s being challenged by Republican Grant Lally of Lloyd Harbor, U.S. Rep. Gregory Meeks (D-Queens), who’s being challenged by independent candidate Allen F. Steinhardt of Rockaway Park and U.S. Rep. Peter King (R-Seaford), who’s being challenged by Democrat Patricia Maher of East Meadow and Green Party candidate William Stevenson.Besides the Croci-Esposito race, the other eight state Senate seats on LI are also on the ballot, as are 22 state Assembly district representatives across Nassau and Suffolk counties.Candidates running to replace term-limited Suffolk County Comptroller Joseph Sawicki include Suffolk Legis. John M. Kennedy Jr. (R-Nesonconset), the minority leader, and Democrat James Gaughran of Eatons Neck.Voters brought a variety of issues with them into the voting booths.“It’s hard to live on Long Island,” said a Deer Park woman who declined to give her name while expressing concern about property taxes and the new Common Core education standards. “I feel bad for people much younger than me…like newlyweds looking for houses.” She voted for Astorino.Others just cast their ballots along party lines.“I’m not politically minded,” said Mike Cal of East Islip. “I just vote my party and that’s it.”“I came to vote Republican,” said 82-year-old Sally Campbell of Northport, who added that she never misses an election.last_img read more

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PREMIUMJiwasraya starts paying claims, but only to small number of policyholders

first_imgLog in with your social account LOG INDon’t have an account? Register here Indonesia insurance Jiwasraya claims payment assets sales financial-problem State-owned insurer PT Asuransi Jiwasraya has begun the payment of its policyholders’ claims, which are estimated to reach Rp 16.7 trillion (about US$1 billion) in total.However, in the first stage Jiwisraya will pay only claims of the company’s traditional policyholders, which total only about Rp 470 billion, while other policyholders, particularly those who bought its JS Saving Plan, have to wait until it receives funds from the sales of its assets.Jiwasraya’s president director Hexana Tri Sasongko said in Jakarta on Tuesday that the insurance company, in the first stage, would pay claims to 15,000 traditional or conventional policyholders before the end of March.He said that due to limited funds, the insurer was prioritizing payments to conventional life insurance policyholders that had been verified by an independent auditor. “For the first stage o… Linkedin Google Facebook Forgot Password ? Topics :last_img read more

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Whopping price for our most expensive home sold this week

first_img41 Richmond Street, Chelmer, Qld 4068 The property borders the Brisbane River“This outstanding property offers numerous property options, including; 1. Restore the five bedroom, three level home to its former glory; 2. Remove existing house, rebuild on these premier allotments; 3. Retain the existing home and sell or build on the second riverfront allotment; 4. Subdivide the land into eight allotments (subject to council’s development code, local plans and overlays)”.The existing house has five bedrooms, seven bathrooms, a self-contained zone ideal for guests or a nanny, a lawn tennis court, cellar, and large undercover pool.According to CoreLogic records, the land value at the end of June was $3m. The pool is under cover. The kitchen is fully kitted out with premium appliances. More from newsParks and wildlife the new lust-haves post coronavirus23 hours agoNoosa’s best beachfront penthouse is about to hit the market23 hours agoThe large grounds would be perfect for a luxury subdivision. 68 Molonga Terrace, Graceville Qld 4075DON’T let appearances deceive you, this was the most expensive home sold in Brisbane this past week, fetching a whopping price at auction.The 6,532sq m sprawling waterfront estate landed $5.65m when it sold via public auction over the weekend, according to CoreLogic’s Property Market Indicator.Agents Jack and Patrick Dixon of Dixon Family Estate Agents had the 1959 three level double allotment property listed “to finalise the estate of Burt and Melda Peterson”.They described it as a “once in a lifetime opportunity” given its position, multiple development options and low density residential classification. There’s even a soundproof media room.A home in the neighbouring blue chip suburb of Chelmer was the second most expensive property sold during the week, with 41 Richmond Street fetching $2.95m, according to market records.Ann-Karyn Fraser of Place New Farm listed the property as a grand Chelmer residence on 1,300sq m “offering an unrivalled lifestyle in one of Brisbane’s most prestigious enclaves”.The Queenslander home had a “strong traditional colonial influence”, she said, with polished timber floorboards, Louis Poulsen pendant lighting and VJ walls.Among its special feature was a kid’s retreat and sun room, a soundproof media room, six water tanks, Villeroy and Boch toilets, cable internet and three phase power.last_img read more

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Blue Tiger stalks world market

first_imgLOCOMOTIVE: Adtranz and GE Transportation Systems unveiled a prototype lightweight diesel at a spectacular premiere in Kassel on November 12. The two companies were also celebrating their first order: 30 locos with 3000hp engines will be built for Pakistan Railways for delivery in mid-1998.Development of the family of modular locos was shared between both companies, with the prototype designed and built in just 12 months after GE and Adtranz signed a co-operation agreement on November 3 1995.Adtranz took responsibility for all mechanical parts. Blue Tiger is aimed at parts of the world where infrastructure quality is not up to the standards of heavy-haul routes, and so it was important to keep axle loadings to a minimum. This is largely achieved through main frames about a third lighter than conventional structures; track forces are minimised by using Henschel-developed Flexifloat bogies.GE Transportation Systems supplied the complete traction and control system packages. The series 7FDL diesel engine is available in a range of sizes (2200hp to 4400hp), with the prototype fitted with the 12-cylinder 3300hp version. This drives an alternator linked to the rectifier-inverter block, with a separate inverter for each axle’s low-maintenance AC traction motor. Control and diagnostics are offered through GE’s Integrated Function Control, with twin display panels on the driver’s console.The cab interior and distinctive exterior design was developed for Adtranz by BPR Design. The cab occupies the full width of the frame; a narrower body section between gives direct access to traction modules within. Options provide for a single cab with twin driving positions. Adtranz and GE Transportation Systems expect total orders for Blue Tiger to reach US$1bn by 2000 – equivalent to about 700 locos.Table I. Blue Tiger family detailsGauge (mm) 1000 to 1676Speed (km/h) 120 (up to 200)Axleload (tonnes) 14, 18, 20, 22, 25Engine power (hp) 2200 to 4400Engine type GE Series 7FDLBrakes Air, electric down to 1 km/h Options Air-conditioning, cruise control, distributed power, passenger gearing, blended brake, single/narrow cablast_img read more

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