first_imgMerchants Bancshares Inc Declares Dividend, Election of Danaher as New Bank DirectorSOUTH BURLINGTON, VT-Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, has announced that its Board of Directors declared a dividend of 28 cents per share, payable August 21, 2008, to shareholders of record as of August 7, 2008. Merchants plans to release earnings on or about July 30, 2008.Mr. Michael Tuttle, Merchants’ President and Chief Executive Officer; and Ms. Janet Spitler, Merchants’ Chief Financial Officer, will host a conference call to discuss these earnings results at 9:30 a.m. Eastern Time on Friday, August 1, 2008. Interested parties may participate in the conference call by dialing (888) 428-4480; the title of the call is Earnings Release Conference Call for Merchants Bancshares, Inc. Participants are asked to call a few minutes prior to register. A replay will be available until noon on Friday, August 8, 2008. The U.S. replay dial-in telephone number is (800) 475-6701. The international replay telephone number is (320) 365-3844. The replay access code for both replay telephone numbers is 902417.Merchants also announced today the election, effective August 21, 2008, of the newest member of Merchants Bank’s Board of Directors, Karen Danaher, CPA, PFS of Danaher, Attig & Plante PLC, a South Burlington-based accounting firm.Vermont Matters! The continuing mission of Merchants Bank is to provide Vermonters with a state-wide community bank that blends a strong technology platform with a genuine appreciation for local markets. Merchants Bank fulfills this commitment through a branch-based system that includes 36 community bank offices and 44 ATMs throughout Vermont, Personal Bankers dedicated to top-quality customer service and streamlined solutions, including: Personal Checking and Savings with Free Checking for Life(r), CashRewards CheckingSM, a low-cost Money Market Account, Free Online Banking and Bill Pay, Overdraft Coverage, Direct Deposit, Free Debit Card and Free Automated Phone Banking; Business Banking with Rewards Checking for Business, Business Online Banking and Bill Pay, Business Lines of Credit and Merchant Card Processing; Small Business Loans; Health Savings Accounts; Credit Cards; Flexible Certificates of Deposit; Vehicle Loans; Home Equity Credit; and Home Mortgages. Visit mbvt.com for more information. Merchants’ stock is traded on the NASDAQ National Market system under the symbol MBVT. Member FDIC. Equal Housing Lender.Some of the statements contained in this press release may constitute forward-looking statements. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. The forward-looking statements reflect Merchants’ current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause Merchants’ actual results to differ significantly from those expressed in any forward-looking statement. Forward-looking statements should not be relied on since they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond Merchants’ control and which could materially affect actual results. The factors that could cause actual results to differ materially from current expectations include changes in general economic conditions in Vermont, changes in interest rates, changes in competitive product and pricing pressures among financial institutions within Merchants’ markets, and changes in the financial condition of Merchants’ borrowers. The forward-looking statements contained herein represent Merchants’ judgment as of the date of this release, and Merchants cautions readers not to place undue reliance on such statements. For further information, please refer to Merchants’ reports filed with the Securities and Exchange Commission.###last_img read more

first_img MEXICO CITY – Mexican authorities seized 8,453 gallons (32,000 liters) of methylamine, a precursor chemical for synthetic drugs, on a shipment from China headed for Guatemala, the country’s Attorney General’s office said March 13. Soldiers and customs officials made the seizure in the Pacific port of Manzanillo. The drug, which the U.S. Drug Enforcement Administration (DEA) lists as a precursor to methamphetamine, was inside 160 metal barrels on two containers from Shanghai, China, according to the Attorney General’s office. Seizures of precursor chemicals for synthetic drugs and raids on drug labs have multiplied in Mexico and neighboring Guatemala in recent months, as experts say traffickers are increasingly turning to production. Authorities have seized about 2,205 tons (2,000 metric tons) of precursor chemicals in Mexico in the past five years. [AFP, 13/03/2012; Pgr.gob.mx (Mexico), 13/03/2012] By Dialogo March 14, 2012last_img read more

first_img Comments Facebook Twitter Google+ Published on March 6, 2019 at 12:37 am Contact Arabdho: armajumd@syr.edu | @aromajumder center_img At the far end of the Tennity Ice Pavilion bleachers, Jill Harrington stood and yelled, “Go ‘Cuse.” It was the championship game for the Syracuse club men’s ice hockey team. Standing next to her, the Orange’s women’s ice hockey head coach, Paul Flanagan, was at the game to watch his son. He asked Harrington which of the players her son was.“Oh, he’s the one with the bowtie there in the penalty box doing the PA announcing,” she said. Harrington’s son, Michael Kuruc, was the team manager.The head coach noted Kuruc looked “in charge,” she said. Flanagan was looking for a director of hockey operations, he continued, and he told Harrington to have Kuruc call him.Now a senior, Kuruc is in that role while also being a video coordinator for Syracuse (10-21-3, 10-8-2 College Hockey America). Kuruc’s job hasn’t changed much in his three years with the team, he said. He “tags” plays during games, making it easier for players to go back and watch film specific to them, and he helps put together film packages for pregame scouting. His prep will help the Orange as they begin the CHA Tournament against Lindenwood in the first quarterfinal on Wednesday.“He’s been a three-year player,” Flanagan said. “Really, he’s part of the family. We’ve gotten to know him, he’s buddies with the kids but he keeps it professional.”AdvertisementThis is placeholder textAnna Henderson | Digital Design EditorKuruc hopes Syracuse is the first step to an eventual Division I head coach position. He likely won’t be staying with the Orange after graduating at the end of this semester, and he has reached out to other schools, including New England College and Castleton, mainly regarding graduate assistant and director of hockey operations positions.After working multiple internships to fulfil a dream of becoming a minor league baseball general manager, he worked with SU and realized coaching is a better fit for him. Through his video coordination, Kuruc sees his hand in the product on the ice.“I feel more connected to the team itself, and that’s something that I’ve always wanted,” Kuruc said. “Wherever I went, I always wanted to be a part of the team.”The fights initially drew Kuruc to hockey, he said. When he was about 5 or 6 years old, Binghamton, where he grew up, was awarded an American Hockey League franchise affiliated with the NHL’s Ottawa Senators. His family bought season tickets to the minor league team’s inaugural season.At the time, the late Ray Emery was the Binghamton Senators’ starting goalie, and Kuruc remembers seeing Emery get into a fight one night.“Do they let kids do this?” Kuruc asked.“Yeah, there’s a youth hockey organization in town,” Harrington replied.Kuruc wondered: “How quickly can I go out and do this?”In high school, Kuruc played hockey and had three head coaches in four years. There was no structure in the team, he said. His junior year, he became the starting goalie, and with best friend Alex Kashani, Kuruc became a vocal leader for the team.He said he didn’t want to be “mean” or “pushy,” just a “positive influence.” In Kuruc’s senior year of high school, the head coach “lost the team,” Kashani said. At times, it seemed the coach didn’t know what he was doing, Kashani said, and some of the younger players became worried about playing time and why some players were getting more play time than others. Kuruc helped the players “keep their heads up” in the middle of long losing stretches. Kuruc took the time to point out positives, even in losses, such as when a player scored a nice goal or had a big hit.“He’s such a positive guy in all situations,” Kashani said, “and that’s the type of person that I would want, personally, leading my team.”Courtesy of Jim ParkerThe pressure of guarding the goal endeared him to the position, Kuruc said. It’s one of the only positions on the ice that can effectively change the outcome of the game. When Kuruc played Little League Baseball, he had the same idea, Harrington said. Kuruc always wanted to be the pitcher or catcher, the two roles with the most focus on them.In coaching, it’s different. A coach can draw up a play that, if executed correctly, would fool the defense completely, Kuruc said. His mentality carried into his work with the men’s and women’s programs at SU, where he wanted to “help everybody out as much” as he could.Kuruc has observed the Orange coaching staff similar to how he took notes on goalies in Binghamton growing up. The coaches at Syracuse also have connections in the hockey industry which can be invaluable to Kuruc as he searches for a job. Assistant Brendon Knight in particular has offered Kuruc advice on how to deal with players in difficult situations and given insight on what life on the road as a coach can be like.“You have to teach them everything that they need to know to do … in order for it to be successful the way that you looked at it in your mind,” Kuruc said.Before working with the women’s ice hockey program, Kuruc had no idea about video coordinating. He had no idea about being a director of hockey operations. He didn’t even know these positions really existed. Now, he said he couldn’t have envisioned the experience any better.“It’s been a hell of a ride, for certain,” Kuruc said.last_img read more

first_imgFIFA is set to make the World Cup bigger and richer, even if the price to pay is lower quality football.FIFA President Gianni Infantino hopes his ruling Council will agree tomorrow to expand the 2026 World Cup to 48 nations, playing in 16 groups of three teams.A decision could be delayed if some Council members demand to know exactly how many qualifying places each continent will get before agreeing to scrap the 32-team format. It has been successful, popular and profitable since 1998 and is locked in for the next two World Cups in Russia and Qatar.The prize of 16 extra places, and the biggest increases to Africa and Asia, has “overwhelming” support from FIFA’s 211 member federations, Infantino has said.Their promise of extra funding from Zurich could also be secured by FIFA’s forecast 20 per cent rise in rights fees paid by broadcasters and sponsors.World Cup champions Germany are not in favour. It argued that diluting the number of European and South American teams which won all 20 titles since 1930 could “strengthen the imbalance” seen at some tournaments.”The (German football federation) fundamentally believe that the current 32-team format is the best option,” its president Reinhard Grindel said last week. Germany has no delegate at tomorrow’s meeting though Grindel is set to join the FIFA Council in May.FIFA acknowledged the risk of lower standards in a research document sent to members last month, as first reported by The Associated Press.The “absolute quality” of football, defined by high-ranked teams playing each other most often, is achieved by 32 teams, FIFA said, citing 10,000 tournamentsimulations made to reach that conclusion.Still, Infantino promised voters more World Cup places and funding raises before his election last February.FIFA expects $5.5 billion income tied to the 2018 World Cup in Russia, though 25 of 34 sponsorship slots are unsold. The research document predicted the equivalent of $6.5 billion revenue from a 48-team tournament in the “16×3” format, which would send two teams from each group to a new Round of 32 knockout bracket.EXCLUSIVE TIME SLOTAll 80 matches would play in an exclusive time slot. Currently, 64 World Cup matches have 56 broadcast slots because the eight four-team groups play their last matches simultaneously.FIFA predicts organising costs for “16×3” rising from $2 billion to $2.3 billion, giving a potential profit rise of $640 million.Though a “16×3” World Cup would still need a maximum of 12 stadiums, the demand for 16 more top-quality training camps and hotels suggests FIFA would look for 2026 hosts with existing capacity.A North American bid from two or three of the United States, Canada and Mexico is currently favoured in a contest that could start within weeks.Five options are open today, including staying with 32 teams.Infantino campaigned last year on a 40-team promise, in either eight groups of five teams or 10 groups of four teams. Neither impressed voters in recent regional meetings of FIFA member federations.last_img read more

first_imgThere will also be tasty treats available through the tournament’s concession and refreshment stands. The tournament’s entry fee is $500 per team, and today, Wednesday, July 25, is the final day to submit a team.For more information or to register for this weekend’s baseball tournament, email cjsmemorial@hotmail.com, or call Carla at 250-262-5860. Askoty was heavily involved in Peace Region baseball, participating in as many baseball tournaments as possible, traveling all across the Peace Region to play the game he loved.The tournament, being held at the Taylor Baseball Diamonds, guarantees competing teams at least four games, while also featuring a home run derby for those looking for flex their baseball muscles. The co-ed tournament will run on a 7 and 3 format, meaning a team’s roster must include 7 males and 3 females. – Advertisement -Gameplay will abide by ASA rules, and players are only allowed to play for one team. The tournament will also be providing carded umpires to call the games.There will also be a variety of prize giveaways throughout the weekend, including cash prizes based on competition, prizes designated for the Most Valuable Player, equipment prizes as well as a 50/50 draw. Advertisementlast_img read more

first_imgThis week’s Masters always had the makings for being something extra special and it lived up to expectations on Thursday as reigning champion Jordan Spieth seized a two-shot lead after the opening round.The American’s love affair with the challenging Augusta National layout continued in flawless style as he fired a six-under-par 66 to storm to the top of a high-quality leaderboard in the first of the year’s four major championships.Bidding to become only the fourth player to claim back-to-back Masters victories, world number two Spieth took advantage of relatively calm morning conditions before coping superbly with tricky gusting winds as he kept his card bogey-free.”I would have signed for two-under today and not even played the round, knowing the conditions that were coming up,” said the 22-year-old Spieth, who is aiming to emulate Jack Nicklaus, Nick Faldo and Tiger Woods with consecutive Green Jackets.”Got a lot out of the round with what I felt like was kind of average-ish ball striking. Just scored the ball extremely well, which is something I’ve been struggling with this season.”I put it up there with one of the best rounds I’ve played, one of the best rounds I’ve scored.”Spieth ended the day two shots ahead of New Zealander Danny Lee and Irishman Shane Lowry, with Englishmen Justin Rose, Paul Casey and Ian Poulter, Dane Soren Kjeldsen and Spaniard Sergio Garcia a further stroke back after opening with 69s.Rory McIlroy bogeyed the final hole for a 70 while world number one Jason Day, the hottest player in the game after winning six times in his last 13 starts, got to five-under before dropping five shots in his last four holes for a 72.advertisementShaking off a run of inconsistent form in recent weeks on the PGA Tour, Spieth sank a six-footer at the third, a 13-footer at the sixth and a four-footer at the eighth to reach the turn in three-under 33.He picked up further shots at the 10th and 13th, sank a clutch 15-footer to save par at the 16th and finished in style by rolling in a six-foot putt at the last before pumping his fist in celebration.Casey, who played in Spieth’s company, was hugely impressed by the reigning champion’s 66.”That was a flawless round of golf,” said Casey, who shot a 69 on an increasingly blustery day. “One of the toughest days I’ve ever seen around Augusta National … it was great to have a front row seat to watch that.”Spieth won the PGA Tour’s Hyundai Tournament of Champions in January, but struggled to string together four good rounds in his next five strokeplay starts before returning this week to the welcome surroundings of Augusta National.He tied for second on his Masters debut in 2014, then last year stunned the golf world as he completed a wire-to-wire victory by four shots, matching Woods’ tournament record low of 18-under 270 for 72 holes.”I enjoy this tournament more than anywhere else,” said Spieth. “We don’t have any, or many, distractions in our preparation.”While Spieth flourished in Thursday’s opening round, former world number one Ernie Els made a nightmare start as he six-putted from just two feet at the par-four first to run up a mind-boggling nine.It was the highest ever Masters score on that hole and left South African Els, who has struggled badly with his short putting for more than a year, shaking his head in disbelief. He went on to shoot 80, tying his worst round at Augusta.”It’s unexplainable,” said Els, a four-times major winner. “I couldn’t get the putter back. I’ve made thousands of three-footers and I just couldn’t take it back.”Australian Day, seeking a second consecutive major victory after winning his first at the PGA Championship in August, was just one stroke off the pace until he bogeyed the 15th.He then triple-bogeyed the par-three 16th after hitting his tee shot into water, reloading and three-putting before he dropped another shot at the 17th.last_img read more

first_img Case-Shiller CoreLogic Home Prices sales 2019-05-28 Seth Welborn in Daily Dose, Data, Featured, News, Origination May 28, 2019 445 Views Housing Price Appreciation Continues to Slowcenter_img Home price gains have continued to slow, according to the latest S&P CoreLogic Case-Shiller home price index (HPI). Nationally, home prices rose 3.7% year over year in March 2019, down from February’s 3.9% growth. The Index’s 20-City Composite posted a 2.7% year-over-year gain, down from 3.0% in the previous month.Las Vegas, Phoenix, and Tampa reported the highest year-over-year gains among the 20 cities. In March, Las Vegas led the way with an 8.2% year-over-year price increase, followed by Phoenix with a 6.1% increase, and Tampa with a 5.3% increase. Four of the 20 cities reported greater price increases in the year ending March 2019 versus the year ending February 2019.“Home price gains continue to slow,” says David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices. “The patterns seen in the last year or more continue: year over year price gains in most cities are consistently shrinking. Double-digit annual gains have vanished.”Danielle Hale, Chief Economist for realtor.com, also noted the slowdown from double-digit to single-digit gains.”Case Shiller prices increased from a year ago, but at a slower pace than we saw earlier in the year,” Hale said. “Data for March showed that prices increased between 2.3% and 3.9% with the 10- and 20-city indices posting slower growth than the nationwide index, consistent with our observations of more inventory growth and diminishing buyer demand in many major housing markets. The data also shows the growing gap between asking prices, which have largely maintained momentum, and sales prices which are clearly slowing.”Hale notes that the two hottest markets are out west, and the third hottest is in the south: Las Vegas, Phoenix, and Tampa.Dr. Ralph McLaughlin, Deputy Chief Economist and Executive of Research and Insights at CoreLogic, noted what the latest HPI’s data means for the housing market.“The U.S. housing market moderation has now lasted a year, driven by considerable slowing in the nation’s most expensive markets,” McLaughlin stated. “While the slowdown is most pronounced in these areas, all of the 20-city markets are slowing, suggesting the cooldown has broken from its confines in the West. However, with the 10-year treasury falling, we can expect mortgage rates to continue to decline this spring. This should help to take the cold edge off what has otherwise been a market slow to thaw from the winter months.” Sharelast_img read more