Deutsche Bank forecast to be in the red for 2016, with a net loss of almost €1bn predicted

Deutsche Bank is predicted to announce it is almost €1bn (£850m) in the red when it releases its full year results for 2016 on Thursday morning. A consensus of analysts has forecast the German banking giant will report a net loss of €910m for the full year and €1.6bn for its fourth quarter. Deutsche Bank forecast to be in the red for 2016, with a net loss of almost €1bn predicted Read more: Deutsche Bank’s head of financial crime quits after just six monthsAlthough hefty, the financial hit is modest compared with the $14bn the bank was at one point threatened with. Shares sunk after the potential size of the fine was revealed last September, although they have since recovered. The bank also announced earlier this month that one in four of its staff would be receiving no individual bonus for their efforts in 2016, although they were still eligible for reward via the company’s “group” bonus pool, which is calculated based on the bank’s financial position rather than based on individuals’ targets.  Share whatsapp whatsapp Hayley Kirton However, some analysts are predicting a full year loss as steep as €2.8bn and a quarterly loss as low as €3.3bn.Read more: The City’s duty to the next generationAnalysts are more positive on Deutsche’s longer-term future, predicting the bank will be back in the black with net income of €767m for the full year of 2017 and €2.6bn for 2018. The 2016 forecast also represents an improvement compared with the €6.8bn loss the bank reported in 2015, its first annual loss since 2008. The bank finalised a $7.2bn (£5.7bn) payment with the US Department of Justice earlier this month – made up of a civil penalty of $3.1bn and provide $4.1bn in consumer relief – for mis-selling mortgage-backed securities, having agreed the settlement in principle last December. Last month, the bank revealed the payout would set it back $1.2bn in its accounts for the fourth quarter of 2016. Sunday 29 January 2017 1:52 pm read more

A South Texas county drags PBMs into nationwide lawsuit over opioids

first_img By Casey Ross Feb. 26, 2018 Reprints [email protected] @caseymross National Technology Correspondent Casey covers the use of artificial intelligence in medicine and its underlying questions of safety, fairness, and privacy. He is the co-author of the newsletter STAT Health Tech. Tags legalopioidspharmaceuticals Pharma Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. What’s included? STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTEDcenter_img Log In | Learn More GET STARTED What is it? About the Author Reprints A South Texas county drags PBMs into nationwide lawsuit over opioids Casey Ross A massive lawsuit over the nation’s opioid crisis has largely ignored an influential group of companies in the prescription drug business — the financial middlemen who brokered access to the powerful pills that got so many people hooked.Perhaps that’s because their role is simply harder to see. Known as pharmacy benefit managers (PBMs), these companies secretly make the rules that determine the availability of drugs, and how much patients must pay out of pocket to get them. Alex Hogan/STATlast_img read more

Residents in Portlaoise estate living in ‘fear in their own homes’

Pinterest Facebook Twitter Pinterest 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory By LaoisToday Reporter – 23rd September 2019 TAGSCllr Caroline Dwane StanleyO’Moore Place Here are all of Wednesday’s Laois GAA results SEE ALSO – LISTEN: A weather-hit weekend, a new guest and a remarkable Camross treble – our latest hurling Podcast is here Facebook WhatsApp Residents in O’Moore Place are living in fear in their own homes and are being terrorized by a small number of criminals – a local Councillor has claimed.Significant amounts of criminality are ongoing in O’Moore Place and making it impossible for residents to live in their own homes – according to Cllr Caroline Dwane Stanley.The Sinn Fein representative said: “Houses have been burnt in the past, houses have been vandalized and there are serious issues around drugs activity.“My own 72-year-old mother Mary Dwane has had the LED Flashing robbed three times from the roof of her house – twice in the space of two weeks in broad daylight.“My mother confronted the perpetrators and asked them to get down off her property in which case she was told to F### off. RELATED ARTICLESMORE FROM AUTHOR WhatsApp Previous articleMartyn’s Centra in Mountrath to celebrate new look store this weekendNext articleIn Pictures: A great buzz about this Laois art exhibition LaoisToday Reporter GAA GAA Home News Residents in Portlaoise estate living in ‘fear in their own homes’ News Residents in Portlaoise estate living in ‘fear in their own homes’ Twitter “She was threatened at that point and when Gardai arrived one perpetrator was swinging a lump hammer at the Gardai and was arrested.“Residents in the area are being intimidated for money and robbed of personal belongings in broad daylight.”Cllr Dwane Stanley is calling for the Minister for Justice Charlie Flanagan to sanction funding immediately to install CCTV in the area.She is also calling for intensive policing on an ongoing basis and for the perpetrators to be brought before the courts and handed down stiff sentences and victims Compensated.Cllr Dwane-Stanley is also calling on Laois County Council to enforce tenancy agreements in particular with those tenants who are involved in criminality and antisocial behavior.She said: “The council need to invest serious resources in the whole area of regeneration to make it possible for the law abiding citizens living in the area to be able to live with a level of peace and security in their own homes.“It is also time for the judiciary to get real and start handing out proper sentences to insure that all victims are fully compensated.“I once again extend my invitation to the judiciary to visit the area and see at first hand what residents are having to endure.”See pictures of the insides of some of the derelict houses below: GAA read more

LIVE BLOG: Laois hurlers take on Westmeath in Walsh Cup

first_img Pinterest Facebook 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Home GAA Hurling LIVE BLOG: Laois hurlers take on Westmeath in Walsh Cup GAAHurlingLaois Senior Hurling TeamSport By Steven Miller – 5th January 2020 Twitter WhatsApp News You can follow all of the action below. SEE ALSO – Gary Walsh returns for Laois footballers in O’Byrne Cup loss to Meath Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Twitter TAGSLaois senior hurlersLaois v WestmeathLive BlogWalsh Cup center_img Good afternoon and welcome – to the first LaoisToday Live Blog of 2020!The Laois hurlers are in Borris-in-Ossory this afternoon as they take on Westmeath in their second game of the pre-season Walsh Cup.Laois opened their campaign with a win over Carlow before Christmas and another win here would keep them on course for a semi-final spot.Indeed it could be the start of a busy week for Eddie Brennan’s side.Laois travel to Parnell Park on Thursday night to take on Dublin in their re-arranged fixture with the winners of that tie likely to be in semi-final action next Sunday against Galway.Today’s game is a repeat of last season’s Joe McDonagh Cup final which Laois won 3-26 to 1-21 in Croke Park.On another note, it is the first time since January 1994 that Laois will play a competitive game in Borris-in-Ossory. On that occasion Offaly were the visitors and the victors in the Walsh Cup quarter-final.The starting Laois team this afternoon is: Paul Simms (Ballinakill); Liam Senior (Clonaslee), Frank Flanagan (Portlaoise), Donnacha Hartnett (Mountmellick); Jack Kelly (Rathdowney-Errill), Ryan Mullaney (Castletown), Ciaran McEvoy (Portlaoise); Fiachra C Fennell (Rosenallis), Ciaran Comerford (The Harps); Willie Dunphy (Clough-Ballacolla), Eoin Gaughan (Camross), James Ryan (Rathdowney-Errill); Aaron Bergin (Portlaoise), Cormac Rigney (Portlaoise), Joe Phelan (Castletown). GAA Facebook LIVE BLOG: Laois hurlers take on Westmeath in Walsh Cup RELATED ARTICLESMORE FROM AUTHOR Pinterest GAA Previous articleEngagements, waking up to grim hashtags and dates in Laois – It’s all in our Tweets of the WeekNext articleNew Laois hurling team for 2020 as neighbouring clubs vote to amalgamate fully Steven Millerhttp://www.laoistoday.ieSteven Miller is owner and managing editor of LaoisToday.ie. From Laois, Steven studied Journalism in DCU and has 14 years experience in the media, almost 10 of those in an editorial role. Husband of Emily, father of William and Lillian, he’s happiest when he’s telling stories or kicking a point. WhatsApp Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair rolelast_img read more

In Pictures: Hundreds brave the cold to turn out for The Great Heath Run 2020

first_img WhatsApp In Pictures: Hundreds brave the cold to turn out for The Great Heath Run 2020 By Megan Shiel – 20th January 2020 Electric Picnic Pinterest WhatsApp 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin Home Lifestyle In Pictures: Hundreds brave the cold to turn out for The Great… LifestyleOut and About Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Twitter It was a frosty and cold morning in Laois yesterday but it didn’t stop hundreds from taking part in the annual Great Heath Run.People had the option to take part in a 10km run or a 5km run and supporters cheered from the sidelines as always.As always there was a great atmosphere and people of all ages turned out to take part in the race.The Great Heath run is a well-established one and has always proved a popular start to the new year.A huge number of helpers from the Heath GAA were on hand to make sure the event ran smoothly.Results are as follows:Ladies 10K:1st – Laura Mooney2nd – Hannah Carroll3rd – Breda McDonaldLadies 5K:1st – Lisa Sweeney2nd – Kate Connolly3rd – Stephanie BerginMen 10K:1st – Cian McDonald2nd- Pauric Ennis3rd – Andrew O’BrienMen 5K:1st – Oisin Jago2nd – Alan O’Brien3rd – Paul McDonaghJames McCormack was on hand to get a range of photos during the runs and afterwards.Check out his snaps below. TAGSGreat Heath Run center_img Pinterest Twitter Facebook SEE ALSO – The Mahers of Ireland’s Fittest Family named as LaoisToday/Property Partners Buggy Sports Star of the Month for December GAA Previous articleLaois mother launches plea to find missing sonNext articleCrettyard footballers appoint new manager for 2020 season Megan ShielMegan is currently studying English and New Media at the University of Limerick. A Raheen native, she’s happiest when talking sport, especially soccer but just don’t mention the 2019 champions league final News Facebook RELATED ARTICLESMORE FROM AUTHOR Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festivallast_img read more

Manulife Investments to cap Manulife Monthly High Income Fund

first_img Keywords Fund caps and terminationsCompanies Manulife Asset Management IE Staff Facebook LinkedIn Twitter Related news BMO Private Investment Counsel announces fund merger CI GAM announces fund mergerscenter_img The three funds will be capped to all new and ongoing purchases, supplementary deposits and new pre-authorized chequing (PAC) plans. Switches into these funds will not be accepted. The capping also applies to segregated fund contracts for which these were underlying funds. “Manulife Investments takes its responsibility to manage its funds with the highest degree of stewardship very seriously,” says Derek Saliba, assistant vice president, mutual fund products, in a statement. “Slowing the growth of assets in the funds will maintain the flexibility to continue to invest assets in line with the management team’s disciplined approach.” “Capping the funds allows us to continue investing in the same manner that we have done for the past 17 years for our clients and partners,” adds Alan Wicks, senior managing director and senior portfolio manager, Manulife Asset Management Ltd. “Given our unique scalable and repeatable process, the success of the funds, in terms of both performance and asset accumulation, and the concentration of the Canadian market, capping will allow us to continue investing in this manner without having to alter our process. This same process will continue to be available to investors through other mandates managed by the Value Equity team, such as Manulife U.S. Monthly High Income Fund and Manulife Dividend Income Fund,” Wicks explains. Established in 1996 by Wicks, the Value Equity Team manages over $15 billion in assets under management (AUM) across multiple mandates that span the entire globe, and consists of 10 members including Duncan Anderson, Jonathan Popper and Conrad Dabiet. Share this article and your comments with peers on social media SLGI Asset Management terminating two mutual funds Manulife Investments, a division of Toronto-based Manulife Asset Management Ltd., plans to cap the Manulife Monthly High Income Fund (MOHI) due to capacity concerns, the company announced on Monday. The fund, along with the related Manulife Monthly High Income Class and Manulife Canadian Balanced Private Pool, will be capped on Aug. 28 at 4:00 pm (ET). last_img read more

Dr. Baugh Hails Cuba for Commitment to Region and Developing World

first_imgRelatedDr. Baugh Hails Cuba for Commitment to Region and Developing World RelatedDr. Baugh Hails Cuba for Commitment to Region and Developing World Advertisements FacebookTwitterWhatsAppEmail Minister of Foreign Affairs and Foreign Trade Hon. Dr. Kenneth Baugh, has hailed the Cuban Government for its strong commitment to the advancement of the region and the developing world in general.“Cuba, like Jamaica, has been a strong supporter of the integration of the region through the established mechanism of the Cuba-Caribbean Community Summit. Time after time, Cuba has asserted herself as a champion of solidarity and South-South co-operation,” Dr. Baugh stated.He was addressing a reception held last Friday (Jan. 8) at the Kingston residence of new Cuban Ambassador, Yuri Gala Lopez, to mark National Day of Cuba and the 51st anniversary of the Cuban revolution.The Foreign Affairs Minister also re-affirmed Jamaica’s commitment to the strengthening of relations between both countries, which spans some 37 years, and the development of future endeavours.He hailed the planned opening of a specialist ophthalmology centre in Kingston later this month, which will be operated by eye care professionals from the Spanish-speaking country, as a welcomed move. He said the facility offers “untold hope” to many Jamaicans with eye problems.“The Government looks forward to the opening of the centre this month as it will provide invaluable assistance, not only to Jamaicans, but to other Caribbean nationals, who will come here to benefit from the treatment,” Dr. Baugh stated.Deputy Prime Minister and Minister of Foreign Affairs and Foreign Trade, Hon. Dr. Kenneth Baugh (left) and Cuba’s Ambassador to Jamaica, Yuri Gala Lopez (right), listen to a comment from Opposition Spokesman on Energy, Phillip Paulwell. Occasion was a reception held on Friday, January 8 at Ambassador Lopez’s Kingston residence to celebrate Cuba’s National Day.Minster of Health, Hon. Rudyard Spencer, in July, signed an agreement with then Cuban Ambassador, Gisela Garcia Rivera, to establish the eye care centre at St Joseph’s Hospital, which will provide ophthalmology services for the English-speaking Caribbean under the Cuba Eye Care Project.The Cuban Government will equip the centre and provide specialist eye care staff for three years, while Jamaica will provide the Cubans with accommodation, travel and meals. The Cuban team will also be training teams of Jamaicans to operate the centres at a later date, as part of their mandate.In late December, newly refurbished residences were opened at the National Chest Hospital to accommodate the medical team, and patients who undergo surgery.Ambassador Gala Lopez, for his part, pledged his Government’s continued assistance to developing nations, mainly in the fields of health and education. He said 2009 was a year in which the friendly and co-operative ties between Cuba and Jamaica were strengthened.“Nearly 300 Jamaican youths are now studying in Cuban universities free of charge, while in Jamaica, 135 Cuban co-operators are presently supporting several bilateral programmes, especially in the health and education fields,” he stated.Since the Jamaica/Cuba Eye Care Project began four years ago, some 20,000 Jamaicans have been screened, while more than 4,000 surgeries have been performed. These patients receive treatment for four major conditions – Cataract, Pterygium, Strabismus (crossed eyes) and Ptosis also known as drooping of the upper eyelid.center_img RelatedDr. Baugh Hails Cuba for Commitment to Region and Developing World Dr. Baugh Hails Cuba for Commitment to Region and Developing World Foreign AffairsJanuary 12, 2010last_img read more

Wolfing out with Professor Jones

first_imgSecond Acts Mariko Tatsumoto Layton, the first Asian woman admitted to the Colorado Bar, finds her true calling: Children’s books. Read more The Resurrection of Lucia Berlin A fresh collection of stories by former CU English professor Lucia Berlin became a best-seller last year, more than a decade after her death. Read more Drummer Has a PhD Steve Lamos, who teaches English, writing and rhetoric at CU Boulder, is also the drummer for American Football, a late-’90s rock band. Read more Published: Dec. 1, 2016 • By Eric Gershon Inquiry: Stephen Graham Jones  CU English professor Stephen Graham Jones got hooked on werewolves as a boy in West Texas. Now he’s made them the stars of his latest novel, Mongrels (William Morrow 2016). How would you describe the classic werewolf?The classic werewolf is pretty much straight from [the film] The Wolf Man, 1941. Silver was the thing that killed the wolf. The bite was what infected the wolf. Even the mark of the beast that’s in The Wolf Man became part of the legend for a while. But in the 20th century it’s been furry hands, furry head, furry feet in clothes.So, part human, part wolf?It is, it’s a hybrid.What are the special powers or abilities that a werewolf has?It’s violent, strong, it can smell well, has a bite. It’s a predator. An ambush predator specifically.Is there a canonical attitude or way of life for these werewolves?They’ve been seen for decades as in contrast to the vampire, largely. The vampire is usually this high-society monster. And so the werewolf will often be the opposite — low-income, struggling to get by, can’t control their temper.How do the werewolves in Mongrels fit into the werewolf literary tradition and how are they different?You have to either take into account all the werewolves that have come before or you have to pretend they didn’t exist. And I thought it was kind of insulting or prideful for me to just make it up as if from nothing. I went and looked back at every wolf text I could. And, of course, the most important one is The Wolf Man. So I studied and studied that movie.Are they predators, your werewolves?That’s their instinct. But they’re trying to make it under the radar, and so predation is for many of them the last resort. They try to work low-paying, cash-under-the-table jobs such [that] they can go to the grocery store and buy food.Are there moments or phases for them when they would be conventional, law-abiding members of human society?They’ve been kicked by society so many times that they have a hard time being law-abiding. They’re proud of being werewolves, but they don’t want to get caught being werewolves, so they try to not wolf-out unless they have to.Why do you think humans are drawn to monsters?For different reasons. The werewolf — I think the reason that that’s still a vital story for us is that more and more we’re characterizing ourselves as kind of thinking machines, as the bipedal version of our smartphone. We always feel as a culture that we’re just a half-step away from being able to download ourselves into a server somewhere. What a werewolf story tells us is that we’re animal and we’re human. We have base instincts. And if we don’t let those instincts out periodically, then they’re going to rise on their own in a bad way.What draws you to monster stories and werewolves in particular?If seven out of 10 werewolf stories I read are a failure, nevertheless I’m still going to have seen a cool werewolf, and so it’s not a total failure. It’s just a better gamble. If a werewolf isn’t a phenomenon in nature, how can we talk about its having biology? The monster you can believe in is a scarier monster.Tell me a little bit about being 12 and discovering the werewolf and its meaning for you.I used to try to become a werewolf when I was that age. Trying to drink after wolves. Rolling in the moonlight in the sand. Eating raw meat. None of it seemed to be making me into a werewolf. Finally, 30 years later, I just decided the way I was going to see werewolves was to write a novel about werewolves.What’s in the works?I just wrote a novel called Texas Is Burning, it’s a cop novel out of West Texas. It’s with the publisher now. Also I pitched Mongrels 2 and 3 to them as well. Aside from that, I’ve got three other finished novels already.Are there any werewolves in Texas Burning?There are not. Just cops and bad guys.Condensed and edited by Eric Gershon.Photo by Anthony Camera Issue: Winter 2016 Categories:Q&AProfileTags:Literature Share Share via FacebookShare via LinkedInShare via TwitterShare via E-mailShare via Google Plus Related Articleslast_img read more

Joseph Phelps Vineyards Donates $100,000 to Napa and Sonoma Fire Relief…

first_imgTwitter Linkedin ReddIt Facebook AdvertisementDonating to Those Affected by WildfiresSt. Helena, CA, October 24, 2017 – Joseph Phelps Vineyards announced today that it has donated $100,000 through its Phelps Foundation to support fire relief efforts in the area. The funds will be divided among the Napa Valley Community Foundation’s Disaster Relief Fund, the Redwood Credit Union Community Fund North Bay Fire Relief: Sonoma County and the Sonoma Humane Society.Additionally, Joseph Phelps Vineyards will match dollar-for-dollar donations put forth by its employees to these relief organizations.“Our region has been ravaged by wildfires that are deeply affecting this community. The magnitude of loss for some is tremendous,” said Bill Phelps, Executive Chairman of Joseph Phelps Vineyards. “Our hearts go out to those displaced by these horrific fires and we are committed to providing support in the healing and rebuilding of our community.”About Joseph Phelps VineyardsJoseph Phelps Vineyards is a family-owned winery committed to crafting world class, estate-grown wines. Founded in 1973 when Joe Phelps purchased a former cattle ranch near St. Helena, the winery now controls and farms 390 acres of vines in Napa Valley on eight estate vineyards in St. Helena, the Stags Leap District, Oakville, Rutherford, Oak Knoll District, Carneros and South Napa. In pursuit of an ideal location to grow Pinot Noir and Chardonnay, in 1999 the Phelps family purchased land near the town of Freestone on the western Sonoma Coast, planted 100 acres of vineyards, and built a dedicated winery. Phelps is best known for its flagship wine, Insignia, a Napa Valley blend of red Bordeaux varieties first produced in 1974. The winery offers a variety of tasting experiences seven days a week by prior appointment. More information can be found at www.josephphelps.com. About the Phelps FoundationFounded in 1983 by vintner Joseph Phelps, the Phelps Foundation is funded each year by a donation from Joseph Phelps Vineyards. With a focus on local charity efforts in support of healthcare and education, the family of Joseph Phelps continue his philanthropic vision through donations in and around Napa Valley and Sonoma, as well as select charities around the country.Advertisement Share TAGSConsumerJoseph Phelps VineyardsPhelps Foundation Email Pinterest Home Industry News Releases Joseph Phelps Vineyards Donates $100,000 to Napa and Sonoma Fire Relief EffortsIndustry News ReleasesWine BusinessJoseph Phelps Vineyards Donates $100,000 to Napa and Sonoma Fire Relief EffortsBy Press Release – October 24, 2017 125 0 Previous articleDTC Wine Symposium to Feature Keynotes on Virtual Reality and AI, 2017 Shipping Data, and 2018 Legislative ForecastsNext articleInternational Sherry Week 2017, 4th International Sherry Week: November 6-12, 2017 Press Releaselast_img read more

Impact of cuts to Derry Fire Service cannot be overstated -Durkan

first_img Pinterest Impact of cuts to Derry Fire Service cannot be overstated -Durkan Facebook RELATED ARTICLESMORE FROM AUTHOR Google+ It’s been claimed that proposed cuts to the Fire and Rescue Service in Derry show a lack of understanding and appreciation of the dangers faced by firefighters.Foyle MLA Mark H.Durkan says the potential impact of cuts to the Northern Ireland Fire & Rescue Service cannot be overstated.He says one of the measures being proposed is the removal of a support crew for the aerial appliance based at Northland Road, a unit which proved vital in a number of operations, including one at Altnagelvin Hospital in November 2012.Mr Durkan also says the close cross border cooperation between the fire services could be compromised:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2017/11/markhcvccv1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Twitter WhatsApp Pinterest Twitter Harps come back to win in Waterford Google+center_img Important message for people attending LUH’s INR clinic News, Sport and Obituaries on Monday May 24th WhatsApp Homepage BannerNews Previous articleSeveral Mrs. Brown’s Boys stars have become embroiled in a tax evasion controversyNext articleEconomists predict shoppers to be cautious in run up to Christmas News Highland By News Highland – November 7, 2017 Journey home will be easier – Paul Hegarty Facebook DL Debate – 24/05/21 Arranmore progress and potential flagged as population growslast_img read more