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|By Marketwired .
Article Rating:
|July 24, 2014 02:00 AM EDT
LONDON, UNITED KINGDOM and ROTTERDAM, NETHERLANDS -- (Marketwired) -- 07/24/14 -- Unilever (NYSE:UL)(NYSE:UN)(LSE: ULVR) -
First half highlights
-- Underlying sales growth 3.7% with emerging markets up 6.6% -- Underlying volume growth 1.9% and price up 1.7% -- Turnover decreased by 5.5% to EUR24.1 billion with currency down (8.5)% -- Core operating margin stable at 14.0% at current exchange rates, up 30bps at constant exchange rates -- Operating profit up 13% reflecting profits on disposal -- Core earnings per share up 2% to EUR0.78
Second quarter highlights
-- Underlying sales growth 3.8% with underlying volume growth 1.9% and price up 1.9%
Paul Polman: Chief Executive Officer statement
"The first half again shows consistent top and bottom line progress despite significant headwinds. Our markets have been challenging and we have experienced a further slow-down in the emerging countries whilst developed markets are not yet picking up.
We continued to grow ahead of our markets driven by strong innovations such as Ben & Jerry's Cores, compressed deodorants in Europe, REGENERATE Enamel Science in oral and Skip Dual Action capsules. At the same time we continue to invest for the long term with our programme to take our brands into new countries with the launches of Lifebuoy in China, Omo in Arabia and Clear in Japan.
We made further progress in strengthening our portfolio with the acquisition of a majority stake in Qinyuan, the Chinese water purification business, and the disposals of the Ragu and Bertolli pasta sauces brands in the United States and, more recently, the Slim.Fast business.
In a tougher cost environment, project Half is on track and is enabling us to drive cost savings and simultaneously increase organisational agility.
We remain focused on achieving another year of profitable volume growth ahead of our markets, steady and sustainable core operating margin improvement and strong cash flow."
============================================================================ Key Financials (unaudited) Current Rates First Half 2014 ============================================================================ Underlying Sales Growth ((i)) 3.7% ============================================================================ Turnover EUR24.1bn -5.5% Operating Profit EUR4.4bn +13% Net Profit EUR3.0bn +12% Core earnings per share ((i)) EUR0.78 +2% Diluted earnings per share EUR0.97 +17% ============================================================================ Quarterly dividend payable in September 2014 EUR0.285 per share ----------------------------------------------------------------------------
((i)) Underlying sales growth and core earnings per share are non-GAAP measures (see pages 6 and 7). 24 July 2014
============================================================= Second Quarter 2014 First Half 2014 ============================================================= Change in core operating (unaudited) Turnover USG UVG UPG Turnover USG UVG UPG margin ============================================================================ EURbn % % % EURbn % % % bps ---------------------------------------------------------------------------- Unilever Total 12.7 3.8 1.9 1.9 24.1 3.7 1.9 1.7 0 ---------------------------------------------------------------------------- Personal Care 4.4 4.5 2.2 2.2 8.6 4.5 2.4 2.0 110 Foods 3.1 0.7 0.1 0.5 6.1 (0.5) (0.9) 0.4 50 Refreshment 2.9 4.5 3.1 1.4 4.9 5.1 3.3 1.7 (100) Home Care 2.3 6.2 2.5 3.5 4.5 6.8 3.7 3.0 (150) ============================================================================
Our markets: Market growth continued to slow in emerging countries, particularly in Asia, as macro-economic pressures weighed on consumer spending in our categories. Developed markets remained weak with little sign of any recovery in North America or Europe.
Unilever performance: We delivered another quarter of growth ahead of our markets. Emerging markets grew 6.6% with price up 4.4% and volume growth of 2.1%. Developed markets grew by 0.3% in the second quarter, with positive volume growth partially offset by declining price. All categories grew with good performances from Home Care, Personal Care and Refreshment.
Gross margin for the half year increased by 10bps to 41.5% at constant exchange rates primarily due to our focus on higher margin products and continued discipline around savings programmes which more than offset higher commodity costs in local currencies in emerging markets. Brand and marketing investment was up by 10bps. Overheads improved by 30bps and core operating margin was up 30bps in constant exchange rates. In current exchange rates, core operating margin was flat at 14.0% impacted by currency headwinds. Core operating profit was down by EUR209 million at EUR3.4 billion after a negative currency impact of EUR413 million. Core earnings per share was up 2% at EUR0.78.
Personal Care
Personal Care continued to grow ahead of slowing markets underpinned by a strong innovation programme. Deodorants saw the continued success of the compressed aerosol range in Europe, good growth for Rexona with the successful Do:More campaign, the positive impact of new communication behind Dove Invisible Dry and the introduction of new packaging for Axe. In oral care we introduced a new brand, REGENERATE Enamel Science, in the United Kingdom. This is a premium proposition and is the first toothpaste and serum system that regenerates enamel with exactly the same mineral which makes up tooth enamel.
In hair Clear has been successfully introduced in Japan and re-launched in key markets such as Brazil and China. TRESemme benefited from the success of the 7 Day Keratin Smooth range, and Dove Oxygen Moisture made good progress in the United States. Skin cleansing saw continued strong growth for Lifebuoy reflecting the success of the proposition to protect against 10 infection causing germs and the introduction of the brand in China. Dove continued to deliver broad-based growth and Lux benefited from the re-launch in China and South East Asia. In skin care Fair & Lovely delivered strong growth and the Dove Purely Pampering range was extended into nourishing body oil.
Core operating margin in the first half was up 110bps, with higher gross margin driven by margin accretive innovation and efficiencies in brand and marketing investments. Core operating profit was broadly unchanged at EUR1,532 million.
Foods growth in the second quarter reflected the impact of the late Easter and improved market shares but the markets in North America and Europe remained challenging whilst emerging markets continued to grow in mid single digits.
Savoury grew on the back of the 'What's for dinner tonight?' market development campaign and good progress in emerging markets. Dressings growth stepped up and we saw good performances from Hellmann's with Olive Oil in the United States and the extension of the new squeezy packaging in Brazil. Whilst we gained share in margarine, spreads performance reflected the decline of the market. We continued to improve the taste of our products, to roll out the successful 'It takes a village' campaign for Pro.Activ and to introduce blends of vegetable oil and butter, such as Gold by Flora and Bertolli with Butter in the United Kingdom, to meet a broader range of consumer taste preferences.
Core operating margin was up 50bps in the first half with higher gross margin partially offset by higher brand and marketing investment. Core operating profit was down at EUR1,097 million, primarily due to currency.
Ice cream performed strongly in the quarter. Magnum benefited from a strong programme of activities including its 25th anniversary, the launch of Magnum Infinity in the United States and Indonesia, and the launch of Magnum Mini in Brazil. Ben & Jerry's grew well supported by innovations such as Cores and the introduction of a mini cup format in Japan whilst Cornetto responded well to re-launches in North Asia and Europe.
The performance of leaf tea was mixed. We saw good growth in India and Turkey, and also in the United States driven by the success of Lipton K-Cups® and new liquid concentrate. Sales in Russia and Saudi Arabia were soft. Ades soy drink continued to recover from the impact of last year's product recall in Brazil.
Core operating margin was down 100bps with lower gross margin as a result of pricing and savings programmes lagging higher commodity costs. This together with adverse currency resulted in core operating profit of EUR509 million.
Home Care
Laundry growth remained competitive and well-balanced between volume and price. Following a good response to the launch in France under the Skip brand, Persil Dual Action capsules were launched in the United Kingdom. Omo was re-introduced in Saudi Arabia and Skip Small & Mighty liquids were launched in South Africa. In household care we grew ahead of slowing markets. Cif multi-purpose sprays and Domestos Zero Stain toilet cleaner were launched in Vietnam and Indonesia and Domestos Ultra Power was launched in Russia.
Core operating margin was down 150bps driven by lower gross margin reflecting brand extensions into new markets, the tough competitive environment and higher commodity costs. This together with adverse currency resulted in core operating profit of EUR229 million.
============================================================== Second Quarter 2014 First Half 2014 ============================================================== Change in core operating (unaudited) Turnover USG UVG UPG Turnover USG UVG UPG margin ============================================================================ EURbn % % % EURbn % % % Bps ---------------------------------------------------------------------------- Unilever Total 12.7 3.8 1.9 1.9 24.1 3.7 1.9 1.7 0 ---------------------------------------------------------------------------- Asia/AMET/RUB 5.1 6.3 3.8 2.3 9.8 6.1 3.8 2.2 0 The Americas 4.0 4.8 0.3 4.5 7.6 4.3 0.4 3.9 (40) Europe 3.6 (0.8) 1.1 (1.9) 6.7 (0.4) 1.1 (1.5) 40 ============================================================================
Sales growth in the quarter was equally driven by volume and price growth. We saw strong performances in Indonesia, Turkey, the Philippines, Japan and South Africa. Whilst slower growth in China reflected weaker markets, the acquired Qinyuan water purification business has started well.
Core operating margin in the first half was stable with higher gross margin offset by higher brand and marketing investment.
The Americas
North America grew by 0.4% in the quarter with positive volume growth partially offset by negative price growth. Personal Care, Refreshments and dressings experienced healthy growth. Following the respective strategic reviews, the disposal of the Ragu and Bertolli pasta sauces brands in the United States was completed during the quarter and the disposal of Slim.Fast was announced early in July. Latin America delivered another quarter of strong growth but economic conditions remain difficult and the growth was driven by pricing. All categories grew and within Refreshment we saw a strong ice cream performance.
Core operating margin was down 40bps due to a lower gross margin in Latin America where price increases have lagged higher commodity costs.
Europe declined by (0.8%) in the quarter with negative price growth partially offset by volume growth which was stable at 1.1%. We saw growth in the United Kingdom, France and the Nordic countries and continued signs of recovery in Spain and Greece. Central Europe was however weak, mainly due to challenging market conditions in Poland.
Core operating margin was up 40bps driven by higher gross margin and lower brand and marketing investment.
Finance costs and tax
The cost of financing net borrowings in the first half 2014 was EUR212 million versus EUR215 million in 2013. The average level of net debt increased whilst interest rate movements were marginally favourable: the average interest rate on borrowings was 3.6% excluding one-off charges and the average return on cash deposits was 4.0%. Pensions financing was a charge of EUR47 million versus a charge of EUR71 million in the prior year.
The effective tax rate was 29.4%, higher than 27.1% in 2013 due to the impact of business disposals. The effective tax rate on core earnings was 23.9%. Our longer term expectation for the tax rate remains around 26%.
Joint ventures, associates and other income from non-current investments
Net profit from joint ventures and associates, together with other income from non-current investments contributed EUR98 million compared with EUR53 million in 2013. The improvement was due to increased profits from the Lipton ready-to-drink tea joint ventures and one-off items in non-current investments.
Earnings per share
Core earnings per share in the first half was up 2% to EUR0.78. This improvement was driven by the growth in constant currency core operating profit and a lower tax charge partially offset by negative foreign exchange movements. In constant exchange rates, core earnings per share increased by 14%. This measure excludes the impact of business disposals, acquisition and disposal related costs, impairments and other one-off items.
On 19 May 2014 Unilever purchased for GBP 715 million the rights left in trusts by the first Viscount Leverhulme which were convertible in 2038 into 70,875,000 Unilever PLC ordinary shares. This increased diluted earnings per share metrics as the dilutive effect of these shares does not impact the calculation of weighted average shares from the date of the transaction.
Diluted earnings per share for the first half was up 17% at EUR0.97. This included the profit on disposal of the Ragu and Bertolli pasta sauces brands in the United States.
The pension liability net of assets was EUR2.5 billion at the end of June 2014 versus EUR2.0 billion as at 31 December 2013. The increase in the net pension deficit reflects the impact of higher liabilities due to lower discount rates partially offset by strong investment performance and cash contributions.
Business disposals contributed EUR1.4 billion to non-core profits versus EUR371 million in the first half 2013. This primarily related to the disposal of the Ragu and Bertolli pasta sauces brands in the United States. The decision to dispose of the Slim.Fast business has been taken in the first half and an impairment charge of EUR318 million, accompanied by a tax credit of EUR117 million, has been recognised on the reclassification of the assets to held for sale. The disposal was completed in July.
Free cash flow
Free cash flow was EUR0.8 billion versus EUR1.3 billion in 2013. The reduction is primarily due to an adverse currency impact and phasing of capital expenditure.
Net debt
Closing net debt was EUR9.3 billion versus EUR8.5 billion as at 31 December 2013 primarily due to the seasonal outflow of working capital.
Finance and liquidity
On 19 March 2014 Unilever announced the issuance of our first ever green sustainability bond. The GBP 250 million 2% fixed rate notes are due 19 December 2018. The proceeds will be deployed on projects which support achievement of the goals of the Unilever Sustainable Living Plan.
As previously disclosed, along with other consumer products companies and retail customers, Unilever is involved in a number of ongoing investigations by national competition authorities. These proceedings and investigations are at various stages and concern a variety of product markets. Where appropriate, provisions are made and contingent liabilities disclosed in relation to such matters.
Ongoing compliance with competition laws is of key importance to Unilever. It is Unilever's policy to co-operate fully with competition authorities whenever questions or issues arise. In addition the Group continues to reinforce and enhance its internal competition law training and compliance programme on an ongoing basis.
On pages 34 to 39 of our 2013 Report and Accounts we set out our assessment of the principal risk issues that would face the business through 2014 under the headings: brand preference; portfolio management; sustainability; customer relationships; talent; supply chain; safe and high quality products; systems and information; business transformation; external economic and political risks, and natural disasters; treasury and pensions; ethical; legal and regulatory. In our view, the nature and potential impact of such risks remain essentially unchanged as regards our performance over the second half of 2014.
This document represents Unilever's half-yearly report for the purposes of the Disclosure and Transparency Rules (DTR) issued by the UK Financial Conduct Authority (DTR 4.2) and the Dutch Act on Financial Supervision, section 5:25d (8)/(9) (Half-yearly financial reports). In this context: (i) the condensed set of financial statements can be found on pages 9 to 19; (ii) pages 2 to 8 comprise the interim management report; and (iii) the Directors' responsibility statement can be found on page 20. No material related parties transactions have taken place in the first six months of the year.
In our financial reporting we use certain measures that are not recognised under IFRS or other generally accepted accounting principles (GAAP). We do this because we believe that these measures are useful to investors and other users of our financial statements in helping them to understand underlying business performance. Wherever we use such measures, we make clear that these are not intended as a substitute for recognised GAAP measures. Wherever appropriate and practical, we provide reconciliations to relevant GAAP measures. Unilever uses 'constant rate' 'underlying' and 'core' measures primarily for internal performance analysis and targeting purposes. The non-GAAP measures which we apply in our reporting are set out below.
Underlying sales growth (USG)
"Underlying Sales Growth" or "USG" refers to the increase in turnover for the period, excluding any change in turnover resulting from acquisitions, disposals and changes in currency. Acquisitions and disposals are excluded from USG for a period of 12 calendar months from the applicable closing date. Turnover from acquired brands that are launched in countries where they were not previously sold is included in USG as such turnover is more attributable to our existing sales and distribution network than the acquisition itself. The reconciliation of USG to changes in the GAAP measure turnover is provided in notes 3 and 4.
Underlying volume growth (UVG)
"Underlying Volume Growth" or "UVG" is part of USG and means, for the applicable period, the increase in turnover in such period calculated as the sum of (1) the increase in turnover attributable to the volume of products sold; and (2) the increase in turnover attributable to the composition of products sold during such period. UVG therefore excludes any impact to USG due to changes in prices. The relationship between the two measures is set out in notes 3 and 4.
Free cash flow (FCF)
Within the Unilever Group, free cash flow (FCF) is defined as cash flow from operating activities, less income taxes paid, net capital expenditures and net interest payments and preference dividends paid. It does not represent residual cash flows entirely available for discretionary purposes; for example, the repayment of principal amounts borrowed is not deducted from FCF. Free cash flow reflects an additional way of viewing our liquidity that we believe is useful to investors because it represents cash flows that could be used for distribution of dividends, repayment of debt or to fund our strategic initiatives, including acquisitions, if any.
The reconciliation of FCF to net profit is as follows:
================ EUR million First Half (unaudited) 2014 2013 ============================================================================ Net profit 2,995 2,682 Taxation 1,223 977 Share of net profit of joint ventures/associates and other income from non-current investments (98) (53) Net finance costs 259 286 ================ Operating Profit 4,379 3,892 ================ Depreciation, amortisation and impairment 842 583 Changes in working capital (1,089) (1,004) Pensions and similar obligations less payments (195) (246) Provisions less payments 84 43 Elimination of (profits)/losses on disposals (1,421) (372) Non-cash charge for share-based payments 118 121 Other adjustments 20 (18) ================ Cash flow from operating activities 2,738 2,999 ================ Income tax paid (994) (894) Net capital expenditure (789) (632) Net interest and preference dividends paid (197) (173) ============================================================================ Free cash flow 758 1,300 ============================================================================ Net cash flow (used in)/from investing activities 895 (798) Net cash flow (used in)/from financing activities (1,494) (354) ============================================================================
Core operating profit (COP), core operating margin (COM) and non-core items
COP and COM means operating profit and operating margin, respectively, before the impact of business disposals, acquisition and disposal related costs, impairments and other one-off items, which we collectively term non-core items, due to their nature and frequency of occurrence. The reconciliation of core operating profit to operating profit is as follows:
================ EUR million First Half (unaudited) 2014 2013 ============================================================================ Operating profit 4,379 3,892 Non-core items (see note 2) (1,012) (316) ============================================================================ Core operating profit 3,367 3,576 ============================================================================ Turnover 24,098 25,500 Operating margin (%) 18.2 15.3 Core operating margin (%) 14.0 14.0 ============================================================================
Core EPS
The Group also refers to core earnings per share (core EPS). In calculating core earnings, net profit attributable to shareholders' equity is adjusted to eliminate the post tax impact of non-core items. Refer to note 2 on page 13 for reconciliation of core earnings to net profit attributable to shareholders' equity.
Net debt
Net debt is defined as the excess of total financial liabilities, excluding trade and other payables, over cash, cash equivalents and current financial assets, excluding trade and other receivables. It is a measure that provides valuable additional information on the summary presentation of the Group's net financial liabilities and is a measure in common use elsewhere.
The reconciliation of net debt to the GAAP measure total financial liabilities is as follows:
=================================== As at As at As at EUR million 30 June 31 December 30 June (unaudited) 2014 2013 2013 ============================================================================ Total financial liabilities (13,436) (11,501) (15,907) Current financial liabilities: Liabilities related to acquisition of non-controlling interests(a) - - (4,034) Other current financial liabilities (5,705) (4,010) (5,065) Non-current financial liabilities (7,731) (7,491) (6,808) Cash and cash equivalents as per balance sheet 3,419 2,285 3,467 Cash and cash equivalents as per cash flow statement 3,090 2,044 3,204 Add bank overdrafts deducted therein 329 241 263 Other financial assets 744 760 804 ============================================================================ Net debt (9,273) (8,456) (11,636) ============================================================================
(a) Included in liabilities related to acquisition of non-controlling interests as at 30 June 2013 is EUR3,754 million relating to acquisition of shares in Hindustan Unilever and other non-controlling interests totalling EUR280 million.
This announcement may contain forward-looking statements, including 'forward-looking statements' within the meaning of the United States Private Securities Litigation Reform Act of 1995. Words such as 'will', 'aim', 'expects', 'anticipates', 'intends', 'looks', 'believes', 'vision', or the negative of these terms and other similar expressions of future performance or results, and their negatives, are intended to identify such forward-looking statements. These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Unilever group (the "Group"). They are not historical facts, nor are they guarantees of future performance.
Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements. Among other risks and uncertainties, the material or principal factors which could cause actual results to differ materially are: Unilever's global brands not meeting consumer preferences; Unilever's ability to innovate and remain competitive; Unilever's investment choices in its portfolio management; inability to find sustainable solutions to support long-term growth; customer relationships; the recruitment and retention of talented employees; disruptions in our supply chain; the cost of raw materials and commodities; the production of safe and high quality products; secure and reliable IT infrastructure; successful execution of acquisitions, divestitures and business transformation projects; economic and political risks and natural disasters; financial risks; failure to meet high ethical standards; and managing regulatory, tax and legal matters. Further details of potential risks and uncertainties affecting the Group are described in the Group's filings with the London Stock Exchange, NYSE Euronext in Amsterdam and the US Securities and Exchange Commission, including the Group's Annual Report on Form 20-F for the year ended 31 December 2013 and Annual Report and Accounts 2013. These forward-looking statements speak only as of the date of this announcement. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
Media: Media Relations Team Investors: Investor Relations Team UK +44 20 7823 5354 +44 20 7822 6830 [email protected] [email protected] NL +31 6 1137 5464 [email protected]
There will be a web cast of the results presentation available at:www.unilever.com/ourcompany/investorcentre/results/quarterlyresults/default.asp
The web cast can also be viewed from the Unilever Investor Relations app which you can download from:http://itunes.apple.com/us/app/unilever-investor-centre-app/id483403509?mt=8&ign-mpt=uo%3D4
Click on, or paste the following link into your web browser, to view the associated PDF document.http://www.rns-pdf.londonstockexchange.com/rns/1752N_1-2014-7-23.pdf
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Jul. 23, 2016 04:00 PM EDT Reads: 1,983


text: CGI Group Company Profile (NYSE:GIB) Analyst Ratings Earnings Estimates Dividends Insider Trades Headlines Social Company Profile Chart Analyst Ratings Consensus Ratings for CGI Group (NYSE:GIB) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.Ratings Breakdown: 1 Sell Rating(s), 1 Hold Rating(s), 8 Buy Rating(s)Consensus Rating:Buy (Score: 2.70)Consensus Price Target: $50.40 (12.95% upside) Analysts' Ratings History for CGI Group (NYSE:GIB) Show: All Ratings For This Stock Only the Most Recent Rating From Each Brokerage DateFirmActionRatingPrice TargetActions5/27/2016DesjardinsUpgradeHold -> Buy 5/3/2016Canaccord GenuityInitiated CoverageBuy 4/28/2016Barclays PLCBoost Price TargetOverweight$45.00 -> $50.00 4/28/2016BMO Capital MarketsReiterated RatingBuy 4/28/2016Jefferies GroupReiterated RatingHold$41.00 4/4/2016TD SecuritiesInitiated CoverageBuy 3/24/2016Deutsche Bank AGReiterated RatingSell$32.00 3/10/2016Beacon SecuritiesReiterated RatingBuy 1/28/2016Royal Bank Of CanadaBoost Price TargetOutperform$65.00 -> $68.00 11/12/2015Societe GeneraleUpgradeHold -> Buy 7/31/2015ScotiabankLower Price Target$62.00 -> $61.00 6/2/2015GMP SecuritiesDowngradeBuy -> Hold 1/5/2015Goldman Sachs Group Inc.DowngradeBuy -> Neutral (Data available from 7/23/2014 forward) Earnings Earnings History for CGI Group (NYSE:GIB)DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions7/27/2016Q316$0.89$2.67 billionN/A 4/27/2016Q216$0.88$0.90$2.73 billion$2.80 billionViewListen 1/27/2016Q116$0.83$0.84$2.65 billion$2.68 billionViewListen 11/11/2015Q415$0.80$0.82$2.54 billion$2.60 billionViewListen 7/29/2015Q315$0.81$0.80$2.63 billion$2.60 billionViewListen 4/29/2015Q215$0.80$0.78$2.64 billion$2.60 billionViewN/A 1/28/2015Q115$0.75$0.74$2.65 billion$2.54 billionViewN/A 11/13/2014Q414$0.72$0.73$2.58 billion$2.48 billionViewN/A 7/31/2014$0.73$0.72ViewN/A 7/30/2014Q314$0.73$0.72$2.70 billion$2.70 billionViewN/A 5/1/2014$0.70$0.72ViewN/A 4/30/2014Q214$0.70$0.72$2.65 billion$2.70 billionViewN/A 1/29/2014Q114$0.70$0.65$2.64 billion$2.64 billionViewN/A 11/14/2013Q313$0.62$0.67$2.52 billion$2.46 billionViewListen 7/31/2013Q213$0.58$0.63$2.54 billion$2.57 billionViewN/A 4/30/2013Q113$0.50$0.56$2.56 billion$2.53 billionViewN/A 1/30/2013Q113$0.46$0.44$2.48 billion$2.53 billionViewN/A 11/28/20120.37$0.37$1.04 billionViewN/A 7/25/2012$0.42$0.33ViewN/A 4/25/2012$0.39$0.40ViewN/A 2/1/2012$0.39$0.40ViewN/A 11/10/2011$0.38$0.27ViewN/A 4/28/2011$0.37$0.40ViewN/A 1/26/2011$0.34$0.45ViewN/A (Data available from 1/1/2011 forward) Estimates Earnings Estimates for CGI Group (NYSE:GIB)QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateQ1 201610$0.59$0.69$0.63Q2 20168$0.60$0.70$0.65Q3 20168$0.64$0.74$0.69Q4 20166$0.63$0.72$0.68Q1 20173$0.66$0.74$0.71Q2 20173$0.63$0.77$0.69Q3 20174$0.61$0.78$0.68Q4 20172$0.71$0.80$0.76Q1 20181$0.76$0.76$0.76Q2 20181$0.77$0.77$0.77(Data provided by Zacks Investment Research) Dividends Dividend History for CGI Group (NYSE:GIB)No dividend announcements for this company have been tracked by MarketBeat.com Insider Trades Insider Trading History for CGI Group (NYSE:GIB)No insider trades for this company have been tracked by MarketBeat.com Headlines Latest Headlines for CGI Group (NYSE:GIB)DateHeadline07/23/16 08:17 AMBig Money Investors Decreasing Transactions in CGI Group Inc. (NYSE:GIB) - Engelwood Daily07/23/16 08:17 AMEquity Roundup: Stock Performance Focus on CGI Group, Inc. (NYSE:GIB) - Press Telegraph07/22/16 02:08 PMETF's with exposure to CGI Group, Inc. : July 22, 2016 - 07/21/16 07:47 AM1832 Asset Management LP Decreased Stake in Groupe Cgi INC (NYSE:GIB) by $27.36 Million as Shares Rose - Consumer Eagle07/20/16 05:38 PMCGI : to release third quarter fiscal 2016 results on July 2707/20/16 05:38 PMCGI to release 3rd quarter fiscal 2016 outcomes on Jul. 27. South Carolina SC07/20/16 11:30 AMCGI to release third quarter fiscal 2016 results on July 27 - [CNW Group] - CGI to release third quarter fiscal 2016 results on July 2707/20/16 07:06 AMLong Term Value Play: CGI Group Inc. (NYSE:GIB) - TGP07/20/16 07:06 AMBroker Outlook For CGI Group, Inc. (NYSE:GIB) - Fiscal Standard07/18/16 04:26 PMAnalysts Pounding the Table on Shares of CGI Group Inc. (NYSE:GIB) - TGP07/18/16 09:22 AMCGI Group, Inc. (NYSE:GIB)'s Growth Projection - RealistInvestor.com07/16/16 07:37 AMAnalysts Are Expecting this Stock to Rise: CGI Group Inc. (NYSE:GIB) - TGP07/15/16 03:13 PMCGI Group, Inc. (NYSE:GIB) Updated Price Targets - FTSE News07/15/16 07:08 AMBuy or Hold? What are Analysts Saying About CGI Group Inc. (NYSE:GIB) - Telanagana Press07/15/16 07:08 AMUpdate on CGI Group Inc. (NYSE:GIB) for the day - Twin County News07/14/16 07:36 AMCGI Group, Inc. (NYSE:GIB) Wall Street Analyst Recommendation Outlook - Telanagana Press07/12/16 04:29 PMCGI Group, Inc. (NYSE:GIB) Expected To Post Sales Of $8993.615 - Investor Newswire07/12/16 04:29 PMWere Analysts Bearish CGI Group Inc (TSE:GIB.A) This Week? - Press Telegraph07/12/16 04:29 PMA look at a High Market Cap Stock: CGI Group Inc., GIB - The Daily Leicester07/11/16 07:43 AMCGI introduces Records Management as a Service - [at noodls] - RMaaS is a powerful, cloud-ready electronic records keeping option for federal agencies With just six months remaining for federal agencies to comply with the first of two target dates set by the White ...07/08/16 07:01 AMPerformance Recap and Target Perspective on CGI Group, Inc. (NYSE:GIB) - Press Telegraph07/07/16 04:15 PMTop Stock Weekly Review: CGI Group Inc. (NYSE:GIB) - Telanagana Press07/07/16 04:15 PMToday's Top Gainers in the Market CGI Group Inc. (NYSE:GIB) from Technology - The Daily Leicester07/07/16 07:01 AMCGI Group, Inc. (NYSE:GIB) Stock Update: Check on Ratings and Target Price - Telanagana Press07/07/16 07:01 AMHow has CGI Group Inc.:(NYSE:GIB) performed recently? - The Daily Leicester07/05/16 04:05 PMLeading stocks in today's market: CGI Group Inc. (NYSE:GIB) - Twin County News07/05/16 07:41 AMCentral 1 accelerates omni-channel services strategy in collaboration with CGI - [at noodls] - New software and services will help transform credit union consumer's digital experience Central 1 Credit Union and CGI (TSX: GIB.A) (NYSE: GIB) have entered into a 10-year agreement to deploy omni-channel ...07/03/16 03:52 PMCGI Group, Inc. (NYSE:GIB) Target Price Is $52.563 - RealistInvestor.com07/02/16 07:05 AMMega Cap End of Session Update: CGI Group Inc. (NYSE:GIB) - Telanagana Press07/01/16 05:14 PMETF's with exposure to CGI Group, Inc. : July 1, 2016 - 06/30/16 07:02 AMCGI Group, Inc. (NYSE:GIB) Company Rating and Target Watch - Telanagana Press06/29/16 04:08 PMCGI Group, Inc. (NYSE:GIB) Stock Insight and Earnings Review - Engelwood Daily06/29/16 07:00 AMCGI Group, Inc. (NYSE:GIB) Broker Price Targets For The Coming Week - Fiscal Standard06/28/16 09:02 AMCGI Group Enters Oversold Territory (GIB)06/27/16 04:06 PMCGI Group, Inc. (NYSE:GIB) Earnings Glance and Target Price Review - Engelwood Daily06/27/16 04:06 PMCGI Group, Inc. (NYSE:GIB) Share Review and Earnings Watch - Engelwood Daily06/27/16 04:06 PMCGI Group Enters Oversold Territory (GIB) - Nasdaq06/27/16 09:09 AMCGI Group, Inc. breached its 50 day moving average in a Bearish Manner : GIB-US : June 27, 2016 - 06/26/16 03:43 PMCGI Group, Inc. (NYSE:GIB): Growth Forecast - RealistInvestor.com06/24/16 11:04 AMCaisse de Dépôt Likes These 3 Stocks: Should You?06/20/16 04:02 PMCGI Group, Inc. (NYSE:GIB) Yearly Sales Projections At $8993.615 - Investor Newswire06/20/16 02:33 PMCGI Group, Inc. – Value Analysis (NYSE:GIB) : June 20, 2016 - 06/19/16 03:54 PMThis Weeks Broker Views For CGI Group, Inc. (NYSE:GIB) - Fiscal Standard06/17/16 04:21 AMRecently Issued Stock Ratings For CGI Group, Inc. (NYSE:GIB) - Fiscal Standard06/15/16 05:54 PMI.T. Is Heart of Financial Business: CGI CEO - 06/15/16 04:16 PMCGI : launches "Dream Connectors" CSR program in commemoration of its 40th anniversary06/14/16 07:29 AMCGI Group, Inc. breached its 50 day moving average in a Bearish Manner : GIB-US : June 14, 2016 - 06/07/16 09:55 PMCGI Group, Inc. (NYSE:GIB) Earns Rating Score Of 1.64 - RealistInvestor.com06/06/16 07:41 AMDesjardins Upgrades CGI Group Inc to Buy - Trade Calls06/03/16 10:25 PMActive Stock in Focus : CGI Group Inc. (NYSE:GIB) - HNN Social About CGI Group CGI Group Inc (CGI) is a Canada-based company that provides information technology (IT) consulting, systems integration, IT outsourcing and business solutions. The Company's delivery model provides for work to be carried out onsite at client premises, or through its centers located globally. In addition, CGI has a range of business solutions, which helps its clients and shareholders. CGI has a range of business solutions, which helps its clients and shareholders. It includes Momentum, CGI Advantage and Credit Services Solutions. CGI offers its end-to-end services to a focused set of industry vertical markets, such as financial services, government, health, telecommunications and utilities and manufacturing, retail and distribution (MRD). The Company provides a full range of IT and management consulting services, including business transformation, IT strategic planning, business process engineering and systems architecture. Industry, Sector and Symbol: Sector: Computer and Technology Industry: Internet Software & Services Sub-Industry: N/A Exchange: NYSE Symbol: GIB CUSIP: Key Metrics: Previous Close: $44.6250 Day Moving Average: $44.71200 Day Moving Average: $44.09P/E Ratio: 18.18P/E Growth: 3.53Market Cap: $13.45BBeta: 0.95Current Year EPS Consensus Estimate: $2.72 EPSNext Year EPS Consensus Estimate: $2.92 EPS Additional Links: View GIB on Google FinanceView GIB on Yahoo FinanceView GIB's Company Profile on ReutersSearch for CGI Group Inc. on Google CGI Group (NYSE:GIB) Chart for Saturday, July, 23, 2016

subset: commoncrawl


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Cannon Falls Minnesota Golf Courses
|Cannon Golf Club
|Elmdale Hills Golf Course - The Lynx Course
|Elmdale Hills Golf Course - The Tiger Course
Featured Golf Course Review:
|Elmdale Hills Golf Course - The Tiger Course -- a hidden gem
|Review by: Jim waggins
|This golf course was very surprising. set in the middle of nowhere in Minnesota, i went there with low expectations. The front nine is what you would call "nordic" with huge pine trees that give you an aura of being up north, while the back nine is "wide open" legidimate length, and a definite challenge, a "must play" for 2004
|From Anonymous
Golf Courses: Additional Golf Course Reviews:
|Rush Creek Golf Club -- Great
|Review by: Gregg
|The place was great, the staff, the food, and expecially the golf. We had a great time. Very relaxing. Banquet rooms are wonderful I would book meetings here all the time..
|From Minnesota


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JL Audio (www.jlaudio.com), the world's premier manufacturer of high-quality audio products, has been chosen as the exclusive supplier of audio equipment used in the new TV series Unique Autosports: Miami, to be executive-produced by Will…Read More


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Celebrity Fashion: Hits and Misses of the Week
Loraine Pavich
| September 17, 2012 - 5:42 pm
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Ansari voice samples, those on terror tape match: Cops
- Meerut fake encounter: Chargesheet filed against 8 policemen
- Police taking steps to ensure city is safe for women
- Two held for Kasarwadi jewellery shop robbery
- Meerut fake encounter: Chargesheet filed against 8 policemen
- Police taking steps to ensure city is safe for women
- Two held for Kasarwadi jewellery shop robbery
Top Stories
- GST Bill in Rajya Sabha this week, Jaitley to discuss amendments with state finance ministers
- Narsingh Yadav fails dope test, Rio 2016 Olympics participation under threat
- AAP MLA Amanatullah Khan arrested for threatening a woman
- Kin of missing AN-32 passengers, crew: Across the country, they wait for word, hoping and praying
- Kashmir unrest: Of 317 with pellet injuries in action by CRPF, over 50% have been hit in eye
The Crime Branch of the Mumbai Police has received a report from forensic experts, saying that the voice samples of Zabiuddin Ansari alias Abu Jundal have matched the intercepts of conversations taken during the 26/11 Mumbai terror attacks.
"The Forensic Sciences Laboratory in Kalina has submitted a report to us. According to the report, the voice samples have matched. We will be attaching the report to the chargesheet," said a Crime Branch official.
The police have several intercepts of the 10 terrorists who attacked Mumbai on November 26, 2008, in which Ansari was allegedly in direct contact with them, and was issuing them live instructions.
The police have also claimed that Ansari, who was reportedly well trained in Hindi, used some Hindi words during the conversation.
On being asked whether samples of Ansari specifically speaking these words had been given to the FSL for comparison, the officer declined to go into details, saying that the FSL had an "overall match".
Editors' Pick
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- Gujarat unrest shows while Dalit lives have improved, conflict has increased
- Zakir Naik is 'protected' as an Indian citizen but he considers himself a Muslim first
- No proof required: Black Knight and other myths


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Again, we were happy to introduce more of our friends to the fine food and friendly atmosphere this intimate establishment offers. We will continue to come here on a regular basis.
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Again, we were happy to introduce more of our friends to the fine food and friendly atmosphere this intimate establishment offers. We will continue to come here on a regular basis.
Akanomi has great food and the owner's are super nice as well. I usually get Hibachi-which is delicious, but have also tried different types of Sushi there and it is delicious as well.
Akanomi is in a strip mall on Route 20. It's TINY - it maybe seats 15. They do a lot of take out business. But don't hesitate to go in! The food is fresh, cooked right there in front of you. I love the red chicken curry and California rolls. It's what I'd call moderate in price so we don't... 更多
Wee have been to Akanomi many times, for lunch and dinner. It is a small, but friendly restaurant serving great bento boxes, hibachi, sushi and sashimi choices. Food is beautifully prepared and presented. Delicious!
Very good sushi. Smaller portions compared to others in the area, but very good. Been here a few times. Would go back again for takeout.
This looks like just another strip-mall food joint... but walk in, sit down and order ANYTHING and you will be amazed at the taste, quality and presentation! This is not the place for a "food show". It is a place for fabulous food and quiet dining.
Son and daughter in law in from Washington DC joined my wife and I for a lovely meal. Variety of sushi chosen coupled with soups and saki. Everything was delicious and fairly priced for good quality products. Sushi was artistically presented and the 10 piece dragon roll was a hit with me. Small, cozy spot with great service...filled up quickly... 更多
easy to miss small place but the food is great search it out fresh and delicious crab salad was a winner
My boyfriend and I love this place. The food is amazing, the staff is so helpful and friendly and the presentation of their food is the best I've seen. They make little scenes with their sushi: I've had a beach scene with glowing ice cubes, an umbrella with beach bathing bunnies made out of tomatoes and once mine got served... 更多
Akanomi is slowly becoming one of my favorite local restaurants. I began ordering take out at first, which was always good, but it wasn't until I began eating in that I truly started to enjoy the whole experience. It is a warm and cozy family owned restaurant with super fresh ingredients and very attentive service. There is a charm about... 更多
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Above: The Pegleg Pete's Car Tour Twist attraction, eventually considered to be the finest streamlined attraction at Disneyland
The Pegleg Pete's Car Tour Twist entrance is like a walking tour inside Tourtown. The attraction cars are supposed to look like Benny the Car, and as you drive you can twist them by turning the tires.
We suggest you don't try Princess Mode
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Optimistic Talk On Gulf Spill, But Oil Remains A Problem
HuffingtonPost.com | Jason Linkins | Posted 05.25.2011 | Green
Read More: Eat the Press, Bp, Rick Steiner, Oil Spill Recovery, Clean Energy, Gulf Oil Spill, Green Energy, Barack Obama, Video, Bop, Oil Spill, Fossil Fuels, Addiction to Oil, Oil Spill Estimate, Green News, Oil, Rick Steiner Oil Spill, Media Criticism, Dispersants, Deepwater Horizon, BP Oil Spill, Obama Oil Spill, Green News
Back in late July, after a summer of struggle, the underwater oil spill caused by the explosion of the Deepwater Horizon Oil Rig was finally capped. And then, something wonderful and miraculous happened! The media started remarking that all of the millions of gallons of oil that poured into the Gulf of Mexico just disappeared! Raptured up into Oil Heaven, even! Except: not. But that's not stopped the administration from taking the line that the oil's disappearance is unalloyed good news, and that it's safe for the bon temps to roulez once more.


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|Publication number
|Publication type
|Application number
|Publication date
|Jul 23, 1996
|Filing date
|Jan 11, 1994
|Priority date
|Jan 11, 1994
|Fee status
|Publication number
|Billy Dunham
|Original Assignee
|Dunham; Billy
|Export Citation
|BiBTeX, EndNote, RefMan
|Patent Citations (20), Referenced by (31), Classifications (12), Legal Events (3)
|External Links: USPTO, USPTO Assignment, Espacenet
This invention relates to snap hooks of a type which are connected to the end of a hook line and are used to engage an eye on the bow of a boat, buoy, a dock, or the like, and which include a tether release.
A snap hook is a hook which comprises a hook body having a base end which includes a hook eye or other connector for connecting it to a hook line. An elongated shank extends from the hook eye to a bight. The bight is connected to a tine. The hook eye, the shank, the bight and the tine together form a hook opening. The tine end and the hook eye together define a hook throat providing an avenue into and out from the hook opening. A snap finger is pivotally connected to the base end of the hook body and a spring is provided for biasing the snap hook into a hook throat closing position against the tine end. The snap finger is movable away from the tine end, against the spring force, into a hook throat opening position.
It is known to provide a snap hook of this type with a release tether that is used to pull the snap finger into a throat opening position. Examples of prior art snap fingers with a tether release feature, existing in the patent literature, are shown by U.S. Pat. No. 4,193,627, granted Mar. 18, 1980 to Albert W. Cranston and William J. Rowell; U.S. Pat. No. 4,195,872, granted Apr. 1, 1980 to Clifford I. Skaalen and Phillip M. Kling; and U.S. Pat. No. 4,751,892, granted Jun. 21, 1988 to David Sechel, Dennis DeTillio and Alan Szucs. Each of these patents shown a release tether that is connected to the snap finger and extends through an opening or passageway in the hook shank. However, the hooks disclosed by these patents involve a substantially different mode of operation than the snap hooks of the present invention.
It is an object of the present invention to provide a snap hook in which an initial pull on the release tether, accompanied by a release of tension in the hook line, will cause the snap hook to rotate in position to place an eye that is in the hook opening against the inner surface of the hook tine, so that a continuation of the pull on the release tether will first swing the snap finger into a hook throat opening position and then pull the hook away from engagement with the eye. Each of the snap hooks shown by the above three patents include structural features adapting it for a different mode of operation.
The following U.S. patents should also be considered for the purpose of putting the present invention into proper perspective with the prior art: U.S. Pat. No. 103,687, granted May 21, 1870 to Henry Thompson; U.S. Pat. No. 653,021, granted Jul. 3, 1900 to Charles S. Hamilton; U.S. Pat. No. 2,203,433, granted Jun. 4, 1940 to Nicolas U. Gundian; U.S. Pat. No. 2,313,802, granted Mar. 16, 1943 to Jonan F. Carlsen; U.S. Pat. No. 2,347,718, granted May 2, 1944 to Matson C. Terry; U.S. Pat. No. 2,432,125, granted Dec. 9, 1947 to Albert A. Schlaak; U.S. Pat. No. 2,432,342, granted Dec. 9, 1947 to Albert F. Shaner; U.S. Pat. No. 2,616,203, granted Nov. 4, 1952 to Joseph B. Sarakas; U.S. Pat. No. 2,633,333, granted Mar. 31, 1953 to Lynn W. Storm; U.S. Pat. No. 3,167,346, granted Jan. 26, 1965 to Marvin O. Miller; U.S. Pat. No. 3,193,318, granted Jul. 6, 1965 to William S. Guerrant, Jr.; and U.S. Pat. No. 3,653,101, granted Apr. 4, 1972 to Henry C. Mayo.
Like numerals and letters are used to designate like parts throughout the several views of the drawing, and:
FIG. 1 is a top plan view of a snap hook shown engaging an eye at the bow of the boat, and showing a hook line in tension and a release tether in a slack condition;
FIG. 2 is a view like FIG. 1, but showing the release tether in tension and the hook line in a slack condition, such view showing the snap hook being rotated by the pull on the release tether, into a position placing the inner surface of the hook tine against a surface of the eye;
FIG. 3 is a view like FIGS. 1 and 2, but showing that a continuation of the pull on the release tether pulls the snap finger of the hook into a throat opening position, followed by a pulling of the hook away from the eye; and
FIG. 4 is an exploded pictorial view of the snap hook with tether release, shown in FIGS. 1-3;
FIG. 5 is a cross sectional view taken substantially along line 5--5 of FIG. 4;
FIG. 6 is a fragmentary pictorial view of a second embodiment of snap hook;
FIG. 7 is a cross sectional view taken substantially along line 7--7 of FIG. 6;
FIG. 8 is a fragmentary pictorial view of a third embodiment of snap hook;
FIG. 9 is a cross sectional view taken substantially along line 9--9 of FIG. 8;
FIG. 10 is a pictorial view of a fourth embodiment of snap hook;
FIG. 11 is a cross sectional view taken substantially along line 11--11 of FIG. 10;
FIG. 12 is a pictorial view of a fifth embodiment of snap hook;
FIG. 13 is a cross sectional view taken substantially along line 13--13 of FIG. 12;
FIG. 14 is a view like FIG. 11 by showing a modified form of the release tether.
Referring first to FIGS. 1-4, a snap hook H is shown attached to an I-ring E and a hook line L is shown connected to a hook eye HE. In the illustrated embodiment, the ring eye RE is a bow eye connected to the bow B of a boat. Ring eye RE can be connected to the bow B in any suitable manner. Ring eye RE includes an annular ring body 10 that defines an eye opening 12.
The snap hook H has a base end 14 which defines the hook eye HE. Hook eye HE includes a hook opening 16 which is engaged by a loop 18 at the end of the hook line L. Snap hook H includes a shank 20 that is connected to the base 14. Shank 20 extends from base 14 to a bight 22. Bight 22 extends from shank 20 to a tine 24. Tine 24 includes an inner surface 26 and a tine end 28. The base 14, the shank 20, the bight 22 and the tine 24 together define a hook opening 30. Base 14 includes a snap finger anchor 32. Snap finger anchor 32 and the tine end 28 together define a hook throat 34 (FIG. 3). Hook throat 34 provides an avenue into and out from hook opening 30.
A snap finger 36 is pivotally connected to the snap finger anchor 32, by a pivot pin 38. Snap finger 36 is normally biased into a hook throat closing position by a spring 40 (FIG. 5). Spring 40 allows snap finger 36 to be moved from the hook throat closing position into a hook throat opening position. A force supplied against snap finger 36 will swing it about the pivot established by pin 38, and move the outer end 42 of snap finger 36 away from tine end 28 (FIG. 3). Movement of snap finger 36 against the spring 40 compresses the spring 40 and stores in it spring energy which returns the snap finger 36 to a hook throat closing position upon a release of the force on snap finger 36.
Everything that has been described so far is conventional structure. In accordance with the intention, the snap hook H is provided with a strategically placed tether guide G and a release tether T having an end portion 44 that is strategically positioned on the snap finger 36. This results in a novel and strategic relationship between the tether guide G, the snap finger 36, the tether end portion 44 and the tine inner surface 26. The unique relationship of these features provides a mode of operation that is different from the mode of operation of known prior art snap hooks having a tether release.
According to the invention, a line extending from the tether guide G to the end 42 of snap finger 36 makes an angle with the inner surface 26 of tine 24 that is about thirty degrees to about 40 degrees. In preferred form, this angle is closer to about forty degrees. The tether end portion 44 connects to snap finger 36 and then extends over the end 42 of snap finger 36. Thus, the line of pull established by tether end portion 44 also makes an angle with the inner tine surface 26 that is about thirty degrees to about forty degrees. This angle is also preferably closer to about forty degrees. As will be described below, the portion of tether T outside of the tether guide G can take several different forms.
In the embodiment shown by FIGS. 1-3, tether end portion 44 is provided with a loop 46 outwardly of the tether guide G. Tether line 44 may be bent back on itself to form a loop with the end of the loop clamped to the start of the loop, as illustrated. A main tether line 48 may be secured to the loop 46. Or, as will be described below, the loop 46 may be grasped by a hook at the end of a pull.
Referring to FIG. 1, in this figure the snap hook H is connected to the bow eye RE. The hook bight 24 is within the eye opening 12. The eye body 10 is within the hook opening 30. The snap finger 36 is biased into a hook throat closing position by the spring 40. Hook line L is shown to be in tension and tether T is shown to be slack. In accordance with the present invention, the snap hook H is disconnected from the ring eye RE in the following manner. A pull is exerted on tether T, to put it into tension. At the same time, any tension in hook line L is released, allowing line L to become slack. The pull applied on tether T first rotates the snap hook H from the position shown in FIG. 1 into the position shown by FIG. 2. This is because of the strategic location of the tether guide G and the strategic connection of the tether portion 44 to the snap finger 42. Tension in tether T exerts a line of pull indicated by arrow PL. Tether portion 44 is moved generally against the side face of the ring eye RE that confronts the snap finger 36. This puts tether portion 44 in substantial parallelism with the side plane of the ring eye RE. It also moves the portion of ring eye that is within the hook opening 30 into a position between tether portion 44 and tine surface 26, and against the tine surface 26. In this position the tether portion 44 and the tine inner surface 26 are separated by an angle X which is between about thirty degrees and about forty degrees. As earlier stated, it is preferred that the angle X is closer to about forty degrees. As shown by FIG. 2, the portion ring eye RE that is in hook opening 30 has been moved away from the bight 22. An additional pull on the tether T, in the direction of pull line PL will first cause the snap finger 36 to swing into an open position. As snap finger 36 swings open, an open hook throat is defined between snap finger end 42, and tether portion 44 on one side of the hook throat, and the tine end 28 on the opposite side of the hook throat. As clearly shown by FIG. 3, when the hook throat 34 becomes sufficiently open, the ring eye RE slides relatively along tine inner surface 26 and relatively out through the hook throat 34. Actually, the ring eye RE is stationary and it is the hook H and the hook tine surface 26 which is moving. As can be seen by FIG. 3, once the ring eye RE is between the snap finger 36 and the tine end 36, any additional pull on the tether T will pull the hook H completely out of engagement with the ring eye RE.
Referring to FIGS. 6 and 7, the snap hook H shown by these figures include a modified construction of the tether guide G. As shown, a transverse opening 50 is formed in shank 20. A pin 52 is received within opening 50. Pin 52 includes a head 54 which is larger than the opening 50. The opposite end of pin 52 includes an end portion which projects outwardly beyond the side surface of the shank 20. A transverse opening is formed in this end surface. This opening forms the tether guide G. In use, this tether guide G assumes the position shown by FIG. 2, so that angle X is maintained between tether portion 44 and tine inner surface 26. Tether portion 44 extending through guide G also keep pin 52 located within opening 50.
The embodiment shown by FIGS. 8 and 9 includes a protuberance 58 formed on a side portion of shank 20. In this embodiment, the tether guide G is an opening formed in the protuberance 58. As in the earlier embodiments, this tether guide G is oriented to maintain the angle X between tether line portion 44 and tine inner surface 26 of about thirty degrees to about forty degrees, with about forty degrees being preferred.
FIGS. 10 and 11 disclose the preferred embodiment. In this embodiment, an opening 60 is formed at least part way through shank 22. Opening 60 is threaded to receive the threaded shank 62 of a machine screw 64. Machine screw 64 includes a head 66 in which a transverse opening has been formed. This opening forms the tether guide G. As in the other embodiments, this tether guide G is oriented to be in the position shown by FIG. 2. This guide G is located to define an angle X which is between about thirty degrees and about forty degrees and is preferably closer to about forty degrees.
FIGS. 12 and 13 shown an example of another way of providing the tether guide G. That is, a band or clamp is placed about the hook shank 22 and this band or shank 68 includes a through opening or passageway which provides the tether guide G. In the illustrated embodiment, clamp 68 is a standard hose clamp. It includes a band 70 which encircles the shank. One end of the band 70 is connected to a housing 72. The opposite end of the band 70 extends through the housing 72 and is engaged by a worm screw. Specifically, the worm screw engages spaced slot openings that are formed in the band 70. An adjustment screw 74 is located outside of housing 72 at one end of the worm screw. Rotation of adjustment screw 74 in the clockwise direction will pull the end portion 70' up and 70 through the housing 72. Housing 72 includes a passageway between it and the manned portion 70'. This passageway provides the tether guide G. As in the other embodiments, this tether guide G is positioned so as to establish an angle X (FIG. 2) that is between about thirty degrees and about forty degrees, with about forty degrees being preferred.
The release tether T may be formed by a single line which is connected to snap finger 36, and then extends to and through the tether guide G and then extends away from the snap hook H, to a position to be grasped by a user. In preferred form, the tether is a short line having the portion 44 and a loop 46 or grab ring GR (FIG. 14) located outboard of tether guide G. This loop 46 or grab ring GR is then grasped by an end portion of a boat hook which may be at one end of a long handle. An example of a standard boat hook is shown at 66 in U.S. Pat. No. 4,932,700, granted Jun. 12, 1990 to Ronald D. Hart.
As should be observed, the present invention was made to be incorporated into what is otherwise a standard snap hook H. Critical features of the invention are the location of the tether guide G, the extension of the release tether portion 44 over the end 42 of the snap finger 36, and the relationship of all parts which provides an angle X between the pull line PL and the inner surface 26 of the hook tine 24 that is between about thirty degrees and about forty degrees, with about forty degrees being the preferred angle. In other respects, the details of construction can vary. The scope of protection is not to be determined by the illustrated examples but rather by the claims which follow, construed in accordance with established rules of patent claims construction, including use of the doctrine of equivalents.
|Cited Patent
|Filing date
|Publication date
|May 31, 1870
|Improvement in tackle-hooks
|Apr 25, 1900
|Jul 3, 1900
|Charles S Hamilton
|Mooring-line attachment.
|Aug 13, 1924
|Feb 3, 1925
|Union Tool Company
|Well-casing hook
|May 1, 1937
|Jan 2, 1940
|Miller Co
|Snap hook
|Sep 2, 1938
|Jun 4, 1940
|Urrutia Gundian Nicolas
|Mooring device
|Oct 31, 1942
|Mar 16, 1943
|Frederik Carlsen Johan
|Safety raft slip lock
|Aug 8, 1941
|May 2, 1944
|Matson C Terry
|Mooring device
|Feb 7, 1945
|Apr 1, 1947
|Robert J Earl
|Pivotally mounted safety hook
|Dec 11, 1945
|Dec 9, 1947
|Schlaak Albert A
|Rope release
|Aug 24, 1944
|Dec 9, 1947
|Shaner Albert F
|Rope release
|Mar 20, 1950
|Nov 4, 1952
|Joseph D Sarakas
|Attachment for fishhooks
|May 17, 1948
|Mar 31, 1953
|Storm Lynn W
|Pipe spinner
|Apr 24, 1963
|Jan 26, 1965
|Miller Marvin O
|Quick acting hook
|Mar 12, 1963
|Jul 6, 1965
|Jr William S Guerrant
|Quick release locking type hook
|Jan 21, 1970
|Apr 4, 1972
|Us Army
|Quick-release, self-locking hook
|Jul 10, 1978
|Mar 18, 1980
|Cranston Machinery Co., Inc.
|Lifting hook with safety latch
|Oct 27, 1978
|Apr 1, 1980
|The United States Of America As Represented By The Secretary Of The Navy
|Remote controlled safety hook
|Jun 26, 1987
|Jun 21, 1988
|Daniel Sechel
|Marine standoff
|Title not available
|Title not available
|Citing Patent
|Filing date
|Publication date
|Sep 6, 1996
|Sep 9, 1997
|Tambornino; Curt
|S-hook with safety latch
|Jul 23, 1998
|Nov 16, 1999
|Connor; Vincent
|Latch hook
|Sep 3, 1998
|Feb 22, 2000
|Ceiling Lift Corporation
|Remotely removable snap hook
|Sep 10, 1999
|Mar 26, 2002
|Scott E. Edin
|Facile tractor hook up
|Dec 4, 2000
|Apr 2, 2002
|Albert C. Blake
|Device for coupling a boat to a mooring
|Nov 15, 2000
|Sep 17, 2002
|C. Sherman Johnson Company, Inc.
|Snap-hook device for attachment to an object such as a ring or mooring buoy, and release thereof, particularly for boats
|Jul 19, 2001
|Dec 9, 2003
|The First Years Inc.
|Attaching articles to bed railings
|Dec 11, 2012
|Venanzio Cardarelli
|Mooring pendant apparatus
|Jan 1, 2013
|Venanzio Cardarelli
|Mooring pendant apparatus
|May 21, 2013
|Venanzio Cardarelli
|Mooring pendant apparatus
|Oct 30, 2008
|Dec 17, 2013
|Mark Ebbenga
|Latch for boat bow
|Aug 20, 2010
|Apr 15, 2014
|Munchkin, Inc.
|Hook article
|Mar 29, 2012
|Nov 4, 2014
|Michael H. McDonald
|Nov 6, 2012
|Dec 9, 2014
|Chris Calvert
|Oct 21, 2013
|Dec 15, 2015
|Venanzio Cardarelli
|Dual rod mooring pendant apparatus
|Apr 28, 2005
|Nov 3, 2005
|Protesto Edward R
|Crane hook with remotely operated safety latch release
|Jan 27, 2010
|Aug 19, 2010
|Life-Pack Technologies, Inc.
|Opposed Spring-Loaded Anchor Hook Supporting Device
|Oct 30, 2008
|Jan 13, 2011
|Mark Ebbenga
|Latch for boat bow
|Aug 20, 2010
|Feb 23, 2012
|Munchkin, Inc.
|Hook article
|Nov 6, 2012
|May 8, 2014
|Chris Calvert
|Oct 28, 2014
|Nov 24, 2015
|Yuh-Lin Huang
|Snap hook
|Apr 30, 2014
|Dec 29, 2015
|Nite Ize, Inc.
|Carabineer tensioning device
|Jun 19, 2015
|May 10, 2016
|Greg Cooper
|Hook for tie down strap
|Jan 12, 2015
|Jun 7, 2016
|Yoke Industrial Corp.
|Insulating safety hook
|May 28, 2004
|Oct 6, 2005
|Fritz, Hubert
|Load hook for lifting loads has traction member on securing web which when pulled moves web from closing position into release position
|Nov 18, 1999
|May 23, 2001
|Anthony Stephen Ringrose
|Snap-hook device, particularly for mooring boats
|Jul 20, 2006
|Apr 25, 2007
|Dimitrios Arapogiannis
|Quick release, remote and retrievable mooring arrangement
|Nov 15, 2000
|May 25, 2001
|C. Sherman Johnson Company, Inc.
|Snap-hook device, particularly for mooring boats
|Apr 28, 2005
|Nov 10, 2005
|Protesto Edward R
|Crane hook with remotely operated safety latch release
|Apr 28, 2005
|Mar 30, 2006
|Edward R Protesto
|Crane hook with remotely operated safety latch release
|May 2, 2012
|Nov 8, 2012
|FERGUSON, Maureen A.
|U.S. Classification
|294/82.31, 24/599.8, 294/82.19, 24/599.1
|International Classification
|Cooperative Classification
|European Classification
|Feb 15, 2000
|Maintenance fee reminder mailed
|Jul 23, 2000
|Lapse for failure to pay maintenance fees
|Sep 19, 2000
|Expired due to failure to pay maintenance fee
Effective date: 20000723


text:
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text:
This cool tool allows students to capture all of the presenter's content using their portable devices like an iPad, laptop, Android tablet or smartphone and ipod touch. Users can add their own notes, capture slides, follow along, highlight text, and save and store mail that session for later review. DisplayNote works alongside any software application which means connected devices can capture all of the presenter's content like PowerPoints, Excel files, word docs, images, Web content and video, keynotes etc and will work alongside existing hardware like interactive whiteboard, interactive projectors and touch screen displays. In collaboration mode, annotations and images on student devices can be displayed on the teacher's iPad and whiteboard and viewed by fellow students on their devices. Multiple devices can all work on the same or different presentations. In presenter mode, teachers and presenters can use their tablet, phone or computer to control their desktop, pass control to any other connected device, send/receive private messages to audience members, build collaborative groups and view the screen of any connected device.
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text:
Sonny Bill Williams 'disappointed' with effort
Relevant offers
All Blacks
He may have helped set-up Hosea Gear's try with a trademark offload, yet All Blacks debutant Sonny Bill Williams refused to flip cartwheels about his performance in his test debut at Twickenham this morning.
The massive centre gave the international rugby world an early glimpse of his abilities in the 15-man game when he unravelled one long arm to put Mils Muliaina in space during a movement that led to Gear scoring in the 26-16 win over England.
But the 25-year-old admonished himself for not being involved more, especially as the pace of the game began to eat into his fitness levels.
"I was disappointed in my own performance and there are a lot of things I can improve on,'' he reflected.
"But it is just like when I came back and started in New Zealand; hopefully it will be like a snowball effect where I get a bit more game time and express myself a lot more.
"The fitness levels will definitely be a bit better in the next couple of weeks if I get a bit of game time and inject myself a lot more.''
The 25-year-old may have been harsh on himself, but head coach Graham Henry will unlikely have been left wondering if he had bought a dud in the former Kiwis rugby league international.
Henry now has to decide whether to start Williams alongside Ma'a Nonu in the midfield against Scotland in Edinburgh next weekend or bring Conrad Smith back into the side after resting him to allow the experienced No 13 to rest a strained hamstring.
For his part, Henry refused to raise expectations that the huge pair will be teamed-up in the midfield again next week.
"I think the jury is still out on that - Sonny will be a better player for the experience,'' Henry said.
"He did break the line a couple of times. I don't think he's entirely happy with his game, but that's probably what you expect after your first game in front of 82,000 at Twickenham. I'm pretty happy with what he did."
Now all Williams can do is wait.
"I just hope to get a bit more game time and improve on that performance. But in the next couple of hours I am just going to sit back and be proud of myself for accomplishing what I said I would do at the start.''
Despite England making a late run at the All Blacks, especially when Jerome Kaino had been yellow carded with eight minutes remaining, Williams said he was confident having experienced players such as Nonu and Dan Carter around him would ensure they emerged unscathed.
"When you are playing alongside some of the best players in the world and you know that they have got your back, you don't want to let them down more than anything. You just try to cover when you can and just work hard, bro.''
When lining up for the haka, which was drowned out by around 80,000 fans singing "Sing Low, Sweet Chariot'', Williams stood near the back and admitted there had been a surge of emotions as he lined up for the national anthems.
"I was just thinking about the time when this team was so far away, just being out there it was all sinking in.
"I didn't want to let my family, you know, the ones dear to me down - and the people that gave me this opportunity.''
- Fairfax Media
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text:
if you like thin crust pizza they have the best. also, the bolognese is the best i ever had. garlic bread good. anything else i have tried was not very good. the chicken vesuvio was disgusting. my niece would not eat her chicken alfredo. they have a thurs. night pizza special that's very good. stick to the pizza!
Dyer Aurelios Pizza
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- (219) 228-7525
Aurelio's Pizza Of Crown Point
1900 N Main St, Crown Point, IN 46307
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Aurelio's Pizza
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3. Aurelio's PizzaMenu
4. Aurelio's PizzaMenu
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5. Aurelio's PizzaServices
601 E 170th StSouth Holland, IL 60473
From Business: Aurelio's Pizza was established in 1959 and still going strong. We look forward to feeding your hunger. If you're looking for fresh, hot, delicious pizza in the Sou…
6. Aurelio's PizzaMenu
They make great food and if you are dining there they get your order right. Beware if you are having it delivered, the last 4 times we ordered from …
7. Aurelio's PizzaMenu
1545 Western AveChicago Heights, IL 60411
8. Aurelio's PizzaMenu
4226 Calumet AveHammond, IN 46320
From Business: Aurelio's Pizza in Hammond, IN, serves a variety of pizzas, pasta dishes, appetizers and sandwiches. We offer pizza delivery seven days a week, including lunch hour…
9. Aurelio's Pizza Of Crown Point
Great pizza, sausage and canadion bacon combo is great and service is fast!
10. Aurelio's Pizza
4226 Calumet AveHammond, IN 46320
11. Aurelio's Pizza
12939 Wicker AveCedar Lake, IN 46303
12. Aurelio's Pizza
I just wanted to say that we've been ordering pizza's from Aurelio's Pizza in So. Holland for around 15 or 20 yrs and the one we got last night (mon…
13. Aurelio's PizzaMenu
3740 Sauk TrlRichton Park, IL 60471
14. Aurelio's Pizza
Ordered a pizza for pick up,pizza was wrong. I asked him if he could make another one his response was I could make you a small but I would have to …
15. Aurelio's PizzaMenu
I've been eating here since I was a kid and it'd the best pizza hands down. I would really recommend this this pizza restaurant
16. Aurelio's PizzaMenu
19836 Wolf RdMokena, IL 60448
From Business: At Aurelio?s Pizza in Mokena, IL, we spin the most mouth-watering pizzas you have ever tasted. Since 1959, we have continued to create amazing pies using the same t…
17. Aurelio's PizzaMenu
The best thin crust pizza in NW Indiana. Used to have the best wings too, but not anymore. Very expensive.
18. Aurelio's PizzaMenu
I stop in for lunch offten. You can't beat the monday special, second slice half off! Best to stop in early, sometimes thay sell out and you have to…
19. Aurelio's PizzaMenu
166 Deanna DrLowell, IN 46356
20. Aurelio's PizzaMenu
Food is great. Good service. Overpriced.
21. Aurelio's Pizza
12037 S Pulaski RdAlsip, IL 60803
22. Aurelio's PizzaMenu
Nothing beats the Original Aurelios in Homewood, but this is good too. Delivery is quick and prices are good, the pizza is great.
23. Aurelio's PizzaMenu
2005 Morthland DrValparaiso, IN 46383
24. Aurelio's PizzaMenu
265 Morthland DrValparaiso, IN 46383
25. Aurelio's Pizza South Loop
1212 S Michigan AveChicago, IL 60605
26. Aurelio's PizzaMenu
Best pizza in our area!!
27. Aurelio's PizzaMenu
Cheese is nasty and the sauce is worst. By far the most over priced garbage ever.
28. Aurelio's PizzaMenu
Been going her very frequent, I love there thin crust pizza! Great Chicago tradition, but have to get the thin, skip out on the deep dish from Aure…
29. Aurelio's PizzaMenu
12 Heritage DrBourbonnais, IL 60914
30. Aurelio's Pizza - CLOSED
2941 W 95th StEvergreen Park, IL 60805
Little Caesars® $5 Pizza
Get Any Large Cheese or Pepperoni
Pizza for Only $5! Come in Any Time
Domino's® $5.99 Deal
2 Medium 2-Topping Pizzas
Only $5.99 Each: Order Now!
Good crust. Good sauce. Good toppings. Friendly service. Two thumbs up. I would suggest they open at 11:00am for noontime Bears games.
a very clean and family friendly pizza place. the food is great and priced good for what you get !!!!!


text:
Akshay Kumar cuts his remuneration to half for 'Special Chabbis'
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After tasting success with 'Housefull 2', 'Rowdy Rathore' and 'Oh My God' last year, actor Akshay Kumar has decided to charge half his remuneration for his first release this year 'Special Chabbis'.
"I am not worried. I don't have any kind of pressure. For me this film ('Special Chabbis') is very important and this movie can be made in a certain budget. Every film has different budget and different set of audience. Looking at the audience for this film I have charged half my remuneration for this film in comparison to what I charge for other films," Akshay said.
"I did so because I did not want to put pressure on this film. It is a great product and I am sure people will like it
I enjoyed it. I am proud to be associated with it," he added.
Directed by Neeraj Pandey of 'A Wednesday' fame, 'Special Chabbis' is a heist drama film, starring Akshay, Kajal Agarwal, Jimmy Shergill, Manoj Bajpai and Anupam Kher. The movie is set in the early 1980s.
It is reported that the film takes its concept from the real-life daring heist dated back to 1987 where an unknown man posing as a CBI officer executed a daylight income tax raid on the Opera House branch of Tribhovandas Bhimji Zaveri in Mumbai, and disappeared with jewellery worth lakhs.
"Its a different story.. Its inspired from a real story. In 1986, there have been quite a few incidents where fake CBI people looted politicians and all. It is a real incident so that is what attracted me to do this film. To do a film on a real incident is a different experience. We all know Neeraj is an asset," the 45-year-old actor said.
The film will see Akshay playing the role of a fake CBI officer named Ajay Singh. "Neeraj did all the homework as its his story, screenplay.. I only followed what he said. I do three-four films a year.. this is Neeraj's second film after 'A Wednesday'.. He knows his work best. So he did all the homework ," Akshay said.
... contd.
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text:
Foursquare © 2016 Lovingly made in NYC & SF
Sandwiches · $
901 Grand Ave
Santa Fe Cattle Co.
Steakhouse · $$$$
2401 12th Ave NW #101 (Rockford Rd.)
"Our service was awesome ( Will) and our food and drinks were excellent. I got the fajita salad and he got the catfish. If we weren't just passing through, we would come here every night."
American · $$
"Amazing service!!! Food delicious!!! Server, Kenzie, was amazing!!!"
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