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Daily Archives: June 7, 2017
IndyCar’s Will Power looks for another strong start on Texas’ new surface – Fort Worth Star Telegram
Posted: June 7, 2017 at 5:24 pm
Fort Worth Star Telegram | IndyCar's Will Power looks for another strong start on Texas' new surface Fort Worth Star Telegram Power understands the importance of continuing that trend at Saturday's Rainguard Water Sealers 600. TMS has a new racing surface, and track position will be at a premium when the green flag drops at 7:30 p.m. Qualifying is scheduled for Friday afternoon. |
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IndyCar's Will Power looks for another strong start on Texas' new surface - Fort Worth Star Telegram
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Shoosmiths advises PD Neurotechnology on 1.34m (EUR) investment – Shoosmiths legal updates (press release)
Posted: at 5:24 pm
Published: 06 Jun 2017
Author: Robyn Adams
National law firm Shoosmiths has advised P D Neurotechnology (PDN) on its 1.34m (EUR) funding for the development of its ground breaking wearable medical technology.
PDN has received funding of 1,000,000 (EUR)from the founders and angel investors with a follow-on funding commitment of 340,000 (EUR)from the National Bank of Greece (NBG), 1.34m (EUR)in total. The funding will see the continued development of PDN's wearable medical technology for continuous monitoring and treating of movement disorders which is anticipated to assist in the treatment of chronic diseases like Parkinson's disease.
Shoosmiths' corporate partner Stuart Murray and solicitor Alexander Lamley advised PDN on the UK legal aspects of receiving the funding that involved a complicated structural arrangement to deal with exchange controls and NBG investment criteria.
Nikolaos Moschos, President of the board directors at PDN, commented: 'This funding will ensure the continued development of our innovative wearable medical technology that will significantly benefit sufferers of debilitating movement disorders and illnesses such as Parkinson's disease. The team at Shoosmiths has provided effective, commercial advice with an efficient and proactive service that has ensured the timely securing of this funding.'
Stuart Murray added: 'We are extremely pleased to have assisted PDN on this significant investment into the development of their innovative medical product and wish them all the best for the future.' Shoosmiths' corporate team advises public and private companies, management teams, investors and debt providers through the business life cycle. Shoosmiths work with businesses from start-up and first round finance through to mergers and acquisitions, MBO and MBI transactions, development funding and on exits, by way of sale, listing or private equity investment.
Nationally, the corporate team is ranked in first place by deal volume in Experian's 2016 MarketIQ UK & Ireland M&A league tables. The team was recognised for its mergers and acquisitions expertise at the 2015 M&A Awards, winning the Law Firm of the Year category.
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Shoosmiths advises PD Neurotechnology on 1.34m investment – Scottish Legal News
Posted: at 5:24 pm
Stuart Murray
Shoosmiths has advised P D Neurotechnology (PDN) on its 1.34 million funding for the development of itswearable medical technology.
PDN has received funding of 1m from the founders and angel investors with a follow-on funding commitment of 340,000 from the National Bank of Greece (NBG), 1.34m in total. The funding will see the continued development of PDNs wearable medical technology for continuous monitoring and treating of movement disorders which is anticipated to assist in the treatment of chronic diseases like Parkinsons disease.
Shoosmiths corporate partner Stuart Murrayand solicitor Alexander Lamley advised PDN on the UK legal aspects of receiving the funding that involved a complicated structural arrangement to deal with exchange controls and NBG investment criteria.
Nikolaos Moschos, president of the board directors at PDN, said: This funding will ensure the continued development of our innovative wearable medical technology that will significantly benefit sufferers of debilitating movement disorders and illnesses such as Parkinsons disease. The team at Shoosmiths has provided effective, commercial advice with an efficient and proactive service that has ensured the timely securing of this funding.
Mr Murray added: We are extremely pleased to have assisted PDN on this significant investment into the development of their innovative medical product and wish them all the best for the future.
deals, shoosmiths June 6, 2017
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Shoosmiths advises PD Neurotechnology on 1.34m investment - Scottish Legal News
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Phillies Legend Mike Schmidt Trashes Phillies CF Odubel Herrera [Updated] – Deadspin
Posted: at 5:22 pm
Mike Schmidt is perhaps the greatest Phillie of all time. The Phillies, as you probably know, have been the worst team in baseball so far this season. But Schmidt works for the Phillies as a color analyst on weekend home games, so youd expect him to refrain from trashing the team when he appeared on 94 WIP in Philadelphia this morning.
He did not!
Schmidt absolutely torched the only player on the Phillies signed to a contract of significant length. Asked if Odubel Herrera could be a player the Phillies could build around, Schmidt had some stupid things to say:
My honest answer to that would be no because of a couple of things. First of all, its a language barrier. Because of that, I think he cant be a guy that would sort of sit in a circle with four, five American players and talk about the game. Or try and learn about the game or discuss the inner workings of the game. Or come over to a guy and say, Man, you gotta run that ball out. Just cant be because of the language barrier that kind of a player.
The Phillies have invested heavily in players from Spanish-speaking countries like Venezuela and the Dominican Republic. Now someone employed by the team is saying Spanish-speaking guys cant be team leaders! The Phillies arent doing so well off the field this year, either. (Incidentally, Herrera speaks English; most if not all major league players speak enough English to tell a guy he should run a ball out.)
Schmidt has previously weighed in on his distaste for bat flippers like Herrera, and basically says Herrera is too exuberant to lead the Phillies:
Hes more of a sort of, play the game, allow his exuberance for the game to kind of spread around the team. I think the fans love him. Hes not afraid to do things that sort of irk the other team if you will, and you know what that is. I probably would hate him if I played against him because of his antics on the field, but hes not afraid. Hes not afraid to do that. Hes learning to play a really good centerfield. They havent figured out where he needs to hit in the batting order yet. To answer your question, those are the reasons that I dont think you can build a team around him. Now, I truly think he can hit second or first on a championship team. Theres no question about that.
Of course, Schmidt is correct in one way: The Phillies likely wont be building a championship team around the guy whos hitting .243 this season.
Update (5:15 p.m. ET): Mike Schmidt is spending this afternoon doing damage control. He apologized to Herrera, who said he accepted it and hopes the whole situation blows over. Schmidt also said this:
Im very sorry that this misrepresentation of my answer occurred and may have offended someone is a new one.
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Phillies Legend Mike Schmidt Trashes Phillies CF Odubel Herrera [Updated] - Deadspin
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Should You Get Rid of CF Industries (CF) Now? – Zacks.com
Posted: at 5:22 pm
Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio.
One such stock that you may want to consider dropping is CF Industries Holdings, Inc. (CF - Free Report) , which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in CF.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen two estimates moving down in the past 30 days, compared with no upward revisions. This trend has caused the consensus estimate to trend lower, going from a loss of seven cents a share a month ago to its current level of a loss of 23 cents.
Also, for the current quarter, CF Industries has seen two downward estimate revisions versus no revisions in the opposite direction, dragging the consensus estimate down to four cents a share from 11 cents over the past 30 days.
The stock also has seen some pretty dismal trading lately, as the share price has dropped 7.5% in the past month.
So it may not be a good decision to keep this stock in your portfolio anymore, at least if you dont have a long time horizon to wait.
If you are still interested in the Fertilizers industry, you may instead consider a better-ranked stock - Potash Corporation of Saskatchewan Inc. (POT). The stock currently holds a Zacks Rank #1 (Strong Buy) and may be a better selection at this time. You can seethe complete list of todays Zacks #1 Rank stocks here.
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Earnings Clues on CF Industries Holdings, Inc. (CF), International Business Machines Corporation (IBM) Analyst’s … – StockNewsJournal
Posted: at 5:22 pm
Market Exclusive | Earnings Clues on CF Industries Holdings, Inc. (CF), International Business Machines Corporation (IBM) Analyst's ... StockNewsJournal Investors who are keeping close eye on the stock of CF Industries Holdings, Inc. (NYSE:CF) established that the company was able to keep return on investment at -1.91 in the trailing twelve month while Reuters data showed that industry's average stands ... International Business Machines Corporation (IBM) owens james w - SEC.gov kavanaugh james j - SEC.gov |
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Overlooking the childfree is a mistake – Spectator.co.uk (blog)
Posted: at 5:22 pm
Politicians fight over lots of different issues in general election campaigns, but one theme is a constant: they all try to appeal to hard-working families, by which they seem to mean mum, dad and a couple of kids.
Its well-intentioned, Im sure. But Im equally sure I cant be the only non-parent who finds it a teeny bit grating.
Not that I begrudge nuclear families any help that might coming their way. What I resent is the implication that just because I havent given birth, Im somehow not counted among the ranks of deserving, diligent citizens.
The stereotype that we all live in identikit units of mum, dad and two children feels pretty anachronistic in the 21st century. The reality is, there are all kinds of non-nuclear constellations: blended families, single parents, step-families and yes, there are also various childfree tribes, including the DINKS (dual income, no kids), the PANKs (professional aunts, no kids) and the PUNCLEs (the male equivalent.)
It isnt even particularly unusual not to have children. Around one in five women go through life without having kids, whether by choice or circumstance.
No-one seems to know how many men are non-parents why not is fascinating in itself though its reasonable to assume a similar proportion.
Yet when it comes to financial planning, there is a dearth of advice tailored to the childfree.
To take a simple example, Ive had advisers insist I need to take out life assurance even though as a non-parent without other dependents, I reckon I needed critical illness, private medical and redundancy cover rather more.
Overlooking non-parents looks like a missed opportunity for the financial services industry. The childfree are not automatically also free of financial worries (a stereotype that is, sadly, wide of the mark), not least because some of us have other family commitments, such as supporting an elderly parent.
But middle-class professionals without kids are likely to have more disposable cash possibly a lot more. Its impossible to put a price on the joys of parenthood, but a report last year by insurer LV and the Centre for Economics and Business Research had a go. It found it costs 231,843 to bring up a child from birth to age 21, including education, childcare, food, clothes, holidays and toys.
Add in a private day school and the bill rises to nearly 374,000 or an average of nearly 18,000 a year. In reality, its even more costly than that, because those expenses have to be paid out of taxable income. And the calculations dont take into account the opportunity cost of one parent, usually the mother, almost certainly having to take time out of work and/or a cut in earnings.
Given that, its not hard to see why parents feel the childfree have it easy. Yet maybe, just maybe, the selfishness charge so often levelled at non-parents isnt entirely justified.
For me and other childfree friends, its a pleasure to be able to afford to be generous with nieces, nephews and godchildren, to treat them to holidays and presents and its often us who step in with the rescue money when they cant make their rent. I also try to contribute in a small way to the next generation by sponsoring a child in Tanzania and by giving money to childrens charities.
That said, its not all about playing the fairy godmother. Those of us not stumping up for a couple of whippersnappers can use the funds to improve our own financial situation by, for instance, reducing debts, paying off the mortgage early and beefing up the pension plan.
Hurray but at the back of the mind is the fact that, unlike our contemporaries who have embraced parenthood, there is absolutely no chance of payback time when were old, as there wont be any adult children to help out.
Perhaps its just as well that some financial products aimed at older age groups may be more appealing to the childfree.
Equity release is one. These loans allow people to unlock capital from their properties without selling up the interest rolls up and theres nothing to be repaid either until they die or go into a care home. The big snag is it erodes the kids inheritance, but naturally, thats far less of a drawback if you dont have any.
On the subject of inheritance, its still important to make a will. Even if you dont have children, you probably do have family and friends and they might miss out if you die intestate.
In that case, your estate would go to a surviving legally married spouse or civil partner. Failing that, it might go to uncles, aunts, cousins, nephews and nieces or ultimately if there are no close family members, to the Crown. You might want to leave provision for a partner to whom you are not married or in a civil partnership, to close friends or to a carer, but they cant inherit without a will. Nor can your favoured charities, your old university or any other pet cause.
Lets not get too gloomy, though. At least if we DINKS, PANKS and PUNCLES want to blow our cash on sports cars and cruises, there wont be purse-lipped adult children accusing us of SKI-ing, or spending the kids inheritance. Carpe Diem.
Ruth Sunderland isCity Features Editor of the Daily Mail
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Overlooking the childfree is a mistake - Spectator.co.uk (blog)
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Triggered: Political-correctness hurts free speech – PCC Courier
Posted: at 5:21 pm
A deadly substance called PCP (politically correct person) is spreading through American college campuses once again, but this time at even higher rate. This phenomenon hasnt been an issue since the 1960s where American socialists within their communist party line began to be egalitarian with their politics.
Pretty much that is when far left principles began the course for an equal society. Opening the doors for those who follow the phrase all men (and women) are created equal and interpreting it as a law.
The Declaration of Independence was written to separate from Great Britain; it is not a law. The law we do follow is the Bill of Rights, democracy, a republic for which we stand not for communism or for socialism.
All in all, the politically correct party would soon fully grasp America and find its way into the universities during the late 80s and follow through in the 90s.
Fast forward to 2017, ever not-funny comedian Stephen Colbert was trending on twitter for his hysterical rant towards President Donald Trump, leaving many on both sides of the political platform to yell out political correctness. However, most people arent familiar with the phrases history or the effect its had today.
Within America, the term PCP kept coming up, where it had turned radicals into socialist and communist groups. Debra Schultz, outspoken author of To Reclaim a Legacy of Diversity, said in her book, throughout the 1970s and 1980s, the New Left, feminists, and progressives used their term politically correct ironically, as a guard against their own orthodoxy in social change efforts.
The New Left in Schultz time was the result of some of the 1960 radical students that had become professors and brought new agenda in mind.
NY Times reporter Richard Bernstein gave spotlight to the term PCP that hit universities, and said, the P.C.Ps themselves, there is a large body of belief in academia and elsewhere that a cluster of opinions about race, ecology, feminism, culture and foreign policy defines a kind of correct attitude toward the problems of the world, a sort of unofficial ideology of the university.
Bernstein went on to describe how conservatives and classical liberals took the phrase as a satirical jab. They believed the PC agenda would only pressure those who wouldnt conform to the new curriculum and close debate at whatever cost, thus, hurt students along the process.
A thin line was made between being politically correct and being an extremist.
The University of Texas executed the politically correct process with a Writing on Difference program that would highlight real-life concerns about students. Unsurprisingly, UC Berkeley also followed suit, at the time, where they held a Political Correctness and Cultural Studies conference on changing up their scholarships for non-white students.
Changes that seemed as a great step towards creating bonds with all cultures were the gravestone of academic orthodoxy.
In a different case in Stanford University, a student named Amanda Kemp campaigned to eliminate a Western Civilization course. Kemp stated, We, the non-Western-Europeans, have no greatness, no culture, no explanations, no beauty, perhaps no humanity.
Triggered, Kemp believed the Western Civilization course was unfair to minorities, women, and the LGBTQ community.
One can argue, that at the time those three groups werent really represented and she was fighting for their voice; however, wanting to remove a course just because it seemed unfair was a ridiculous thing to campaign against.
In spite of the PC Culture appearing compelling to students, administrators, and faculty (many of whom were ex 1960s radicals), political correctness took a petrifying turn. In late December 1990 the Chicago Tribunereported, Groups of PCPs have disrupted classes, prevented speakers from being heard, burned controversial publications, bullied professors into changing course content.
Wow, what a coincidence. The report from that year reminds me of other college campuses shutting down events in this day and age.
Chicago Tribune reporter Joan Beck, was giving insight about President Bushs U.S. Secretary of Education Assistant, Michael Williams. Williams accused college scholarships of violating the 1964 Civil Rights Act towards minorities, in which PC student and faculty agreed with his outrageous claim.
On some campuses, charges of being politically incorrect can get a professor dismissed, endanger a college newspaper editor`s job, force a student out of university housing or sentence an offender to attend sensitivity training seminars suggestive of Red China, Beck said. Fears of such charges have made it virtually impossible to talk about some issues altogether.
The fear of backlash that Beck reported in the 90s still stands to this day.
A report in 1991 from NY Times writer Robert McFadden, stated, After a racial incident on campus two years ago, Stanford University adopted a code prohibiting racially offensive speech. Since then, 100 colleges and universities have passed similar codes
The article went on to explain that the debate over political correctness will grow because of advocates of change and advocates of tradition who have evenly risen. McFadden believed American education along with free speech and equal opportunity were at risk.
And so, isnt free speech and American education under attack now?
Furthermore, the Chicago Tribune in 1991 reported on another PC concern. Chairman of the National Endowment for the Humanities (at the time) Lynne Cheney was concerned with many professors using arts and humanities as political tools. A case she cited was of a professor in the University of Texas who abused their power by indoctrinating their freshman students with their feminist beliefs.
The course was supposed to be a required basic writing skills class for freshman.
Cheney stated, intolerance in the form of political correctness is most rampant on the campuses of major resource universities, which have become increasingly insulated against the rest of the society the best way to counter the problem is through increased media attention and public awareness of the debate over the issue.
Well, PCPs of the past, meet the PC Police of today.
In 2015 at the University of Missouri, protests broke out after alleged melodramatic hate crimes in campus. The result was ugly.
Heat Street and National Review reviewed 7, 400 emails that revealed an overwhelming loss of support from deep-rooted sports fans, donors, and alumni. The emails werent deleted nor were the computers sabotaged. However, most emails mentioned parents/family members of UM students wanted nothing to do with Mizzou, including talks of transferring them to other schools.
In other emails students felt they were left high and dry.
The protests led to the resignation of University of Missouri President Tim Wolfe, Chancellor Bowen Loftin stepped down from his position, in May of 2016 athletic donations fell 72 percent, and since the events of 2015 freshmen enrollment decreased 35 percent.
Other hyperbolic examples are:
Mayhem erupted as those groups violently attacked fans of Yiannopoulos and vandalized local shops. Some students claimed he was going to spew his hate speech towards Berkeley students.
They have kept protesting towards speakers of different opinions.
Yet, isnt sharing different ideas what the college experience is all about? Even veteran free speech advocate who was a legit free speech advocate of the 1960s, Lynne Hollander Savio, was saddened to see Berkeley affiliated with violence and denying free speech instead of promoting it.
Above all, political correctness doesnt correct anything. It has been an atrocious issue for the past 27 years. The PC culture has only harmed college campuses and society by dividing us. It has undone any progress of unity to get along with one another, despite their personal beliefs. From college campus to your close friends, to my beloved satirical comedy, being a preposterous censoring puerile doesnt create awareness or harmony.
Modern Educayshun is a vision of what hypersensitivity would look like in the near future, written and directed by Neel Kolhatkur.
Modern Educayshun or Education? You choose.
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Triggered: Political-correctness hurts free speech - PCC Courier
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Letter: Political correctness is our downfall – The Columbus Dispatch
Posted: at 5:21 pm
We keep arguing about a proposed travel ban, but in checking our own history, we knew how to manage immigration.
In the 1800s, we had massive immigration. We screened people on Ellis Island from health to their politics. Undesirables were sent back.
Our policy then was more common sense. In 1921, we put a moratorium on all immigration. We had to stem the tide of the flood of immigrants to allow the others to assimilate.
We had enclaves of various ethnicities like "Little Italy," but these people saw the opportunity America offered and they were eager to learn our language, culture, and way of life. People were ashamed to be on welfare, but now they come here and expect it. None of the immigrants coming here today cares to assimilate. Muslims have been at war with the United States since President Thomas Jefferson fought the pirates at Tripoli.
Political correctness is our downfall. Like Europe, we will commit national suicide just to prove we are not prejudiced. How dumb; how sad.
Dale Lauffer
Columbus
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Letter: Political correctness is our downfall - The Columbus Dispatch
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Frank Gaffney: Islamist Enemy Sees Political Correctness as ‘Submission’ – Breitbart News
Posted: at 5:21 pm
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I hope youre taking to heart, Raheem, Mayor Siddiq Khans admonition not to be alarmed by what youre seeing, Gaffney sarcastically told SiriusXM host Raheem Kassam.
This is, unfortunately, a situation in which youre right to be alarmed, he said in a more serious tone. I think most Brits have the good sense to know that what theyre doing what their government is doing, what their law enforcement agencies have been doing, and frankly what the British public itself has been doing mostly has been contributing to the danger that theyre now confronting.
Gaffney warned against the danger of pretending that what he prefers to call sharia supremacism the aggressive desire to impose Islamic law on Western nations is not a problem, or is at worst a manageable challenge.
What I really believe has happened now, and what I think this most recent attack bears out and more to the point, the information that has come out subsequent to it is that there are something on the order of 23,000 jihadists that are now being monitored in some form or fashion by Her Majestys government, he said.
This is not a terrorism problem. These certainly arent incidents involving lone wolves, as theyre called. This is an insurgency, Gaffney declared. I think the British people need to be alive to that danger and alarmed by it.
Kassam praised British intelligence and law enforcement for their work but said it was disturbing that some very obvious signs of trouble such as a fitness center used by one of the London Bridge attackers that is actually named after the ummah, or global community of Islam seem to be overlooked in the name of political correctness.
The problem on both sides of the pond, Im sorry to say, is that our governments have for most of the years since 9/11, especially been in engaged in a practice that Andy McCarthy has called willful blindness, Gaffney said, referring to the former prosecutor who worked on the first World Trade Center bombing, and now writes for National Review. Its actually gotten to the point hes upped it to compulsory blindness.
I think thats a very apt term because if you are obliged by government policy to look the other way at red flags and the Ummah gym might be one of them, but certainly mosques that are incubating jihadism every day, that are associated with the Muslim Brotherhood, that are funded by the Saudis and the Qataris, that are known patrons of this sharia supremacist phenomenon if youre not allowed to understand those, let alone contend with them effectively in what a counterinsurgency strategy requires, which is action at the local level, well, guess what: this is going to continue to metastasize, he warned.
When our enemies and Im talking here most especially about enemies within perceive us behaving this way, they dont think of it as, Oh, there they go being politically correct! or diversity sensitive or multiculturally minded. They see it as submission. And what submission induces them to do, doctrinally under sharia, is to become more aggressive to make us feel subdued, as the Koran says, which means much more violence, and Im afraid more insurgency of the worst kind, said Gaffney.
When our enemies witness us submitting, they know it is Gods will being realized, which means they must engage in more jihad, he said.
Breitbart News Daily airs on SiriusXM Patriot 125 weekdays from 6:00 a.m.to 9:00 a.m.Eastern.
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Frank Gaffney: Islamist Enemy Sees Political Correctness as 'Submission' - Breitbart News
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