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- Bank of America was the 4th most heavily traded bond issuer in the US on January 20. The bank's short-term default probabilities are up almost 0.40% since September 9.
- The bank's average credit spread is 0.196% over the composite marginal cost of funds of big bank peers as measured by the U.S. Dollar Cost of Funds Index.
- The ratios of credit spread to default probabilities for Bank of America bonds rank in the bottom 38% of all heavily traded bond issues on January 20.
- Bank of America posted impressive fourth quarter 2014 earnings.
- Wealth business grew as per our expectations.
- We now believe the bank's NII will recover significantly going ahead, boosting the stock higher.
- Bank of America is in the market with a new preferred stock.
- The Series Y is a non-cumulative, perpetual preferred issue.
- At less than 6.60% I see no value in the issue.
- Bank of America has resolved 98% of the balance relating to RMBS Securities that are the subject of litigation or potential litigation, reducing the likelihood of future "non-recurring charges".
- Bank of America is expected to earn $1.44/share in 2015 and $1.70/share in 2016, and its share price is only 9X projected 2016 EPS.
- We expect Bank of America to pass the Federal Reserve's CCAR Stress Test in 2015 and increase cash returned to shareholders due to its strong capital position.
- Warren Buffett's Berkshire Hathaway remains the largest (indirect) stockholder through its investment in Bank of America's preferred stock and warrants.
- Bank of America has been reducing its core operating expenses and we believe there remains potential for Bank of America to reduce its expense base further.
- BAC's fourth quarter was terrible and the stock sold off heavily.
- But the underlying strength in the balance sheet and credit trends are setting BAC up for long term success.
- I maintain my buy call as BAC's capital returns should be higher as litigation expense has come way down.
- Bank Of America is one of the most followed retail investors' stock.
- Many believe that it is grossly undervalued and only a matter of time before the stock heads to $30 and beyond.
- In fact, it is much closer to fair value than many investors believe and some have developed irrational expectations of future performance.
- In this article, I will provide a sum-of-the-parts valuation of BAC and compare the outcome to its current share price.
- Bank of America missed revenue expectations by a wide margin, but the miss was largely driven by an accounting adjustment and weak trading results; core results looked alright.
- Management has done a good job of reducing expenses and has positioned the balance sheet to be highly sensitive to future rate increases.
- Based on a sub-10% long-term ROE and a near term ROTE just above 10%, Bank of America's fair value seems to lie around $17.50 to $18.00.
- Bank of America Corp reported 0.25 earnings per diluted share vs. 0.31 consensus.
- There were 3 main drivers for this miss. I will explain them in detail here.
- Long Term Investors should consider this an opportunity to buy.
- Bank of America reported weak Q4'14 numbers that disappointed the market.
- The bank continues to generate solid core profits including $3.1 billion in Q4.
- Investors should not over think the situation with the stock trading at an attractive valuation and slowly making it through a tough environment.
- A $2 billion top line miss sends shares toward their 52-week lows.
- Expenses and credit quality continues to improve, but significant declines in net interest margins are still weighing down the bank's results.
- Rates continue to haunt the bank's earnings, but not all of this is bad because of hefty asset appreciation in the debt portfolio.
- The bank doesn't scream buy right now, but further declines and uncertainty could start to add more reward to the inherent risk in the company's shares.
- Once again, Bank of America reports earnings that are quite disappointing.
- CEO Brian Moynihan is now in his fifth year of leading the bank and provides no vision for how the bank might come out of this situation.
- Reasons outside of the bank can always be found for why the bank failed to perform, but maybe the problem is not "out there."
- At a price just above tangible book value and well below book value, Bank of America has 50% upside from current prices.
- 2014 was the year in which Bank of America finally relieved itself of its biggest liabilities stemming from the Financial Crisis.
- The balance sheet has never been better, which should allow for an increase in the dividend and stock buyback after the coming CCAR.
- Bank of America reported weak fourth quarter results yesterday.
- The bank missed revenue and earnings estimates.
- Analysts obsess over Bank of America's performance in Sales and Trading, which is the least predictable (and least important) segment within the bank.
- Shares tumbled more than 5% yesterday.
- Clear-headed investors take advantage of yesterday's emotionally-fueled sell-off and snap up an essential banking firm at a VERY competitive valuation.
- The whisper number is $0.34, two cents ahead of the analysts' estimate.
- Bank of America has a 54% positive surprise history (having topped the whisper in 29 of the 54 earnings reports for which we have data).
- The overall average post earnings price move is 'negative' (beat the whisper number and see weakness, miss and see weakness) when the company reports earnings.
- Bank of America earnings are scheduled for this week, approach with caution.
- Bank of America reported that it expects lower sales and trading revenues.
- We will take a look at some of the internal and external factors surrounding the current valuation.
- I give a buy recommendation technique for long term investors that know they want the stock.
- Bank of America stock has under performed so far in 2015.
- The significant outstanding legal issues are behind the bank.
- The bank has been focused on cutting costs and becoming more efficient.
- The bank's Q4 earnings release will provide meaningful detail on the progress of the bank after the DOJ settlement.
- Recently there has been resurgence in calls to break up Bank of America.
- This thesis is these banks present significant risk to the economy.
- I beg to differ. Breaking up Bank of America is a very bad idea. In the following article I will make my case.
- Several members of congress are calling out to break up the large U.S. banks.
- The Fed has recently introduced a proposal for additional capital surcharges for U.S G-SIBs, incentivizing BAC (and other large U.S. banks) to reduce size and complexity.
- More recently, well-known banking analysts argued for certain large banks to consider the benefits of breaking up - with a view to maximizing shareholders' value.
- Can BAC achieve a loftier valuation (say similar to Wells Fargo) on a split up basis?
- BAC's 2.8% decline this year is an opportunity to get into an inexpensive stock on a price-to-book basis.
- Last year was a watershed year for BAC as it finally settled a critical lawsuit and was allowed to raise its dividend.
- Over the next few years, the dividend should continue to grow, giving BAC the potential for 20%+ upside.
PrivateBancorp Already Priced For Big ThingsStephen Simpson, CFA • Thu, Jan. 22
U.S. Banks' Credit DeterioratesMarkit • Thu, Jan. 22
It's Unanimous: Big Traders Hate DeflationDana Blankenhorn • Wed, Jan. 21
Thu, Jan. 22, 12:35 PM
- Mercilessly sold since the year turned, banks are putting in a rare session of outperformance, helped along by some earnings beats from regional lenders and the return of animal spirits in M&A with RBC's purchase of City National (CYN +18.6%) for $5.4B.
- The XLF +1.4% vs. the S&P's 0.6% gain today, and the regional bank ETF (NYSEARCA:KRE) is higher by 3.1%.
- Among today's reporters putting in big gains are KeyCorp (KEY +5.5%), BB&T (BBT +2.4%), and Huntington Bancshares (HBAN +2.6%), though Flagstar Bancorp (FBC -4.8%) missed estimates.
- Others: Regions Financial (RF +3.9%), PNC Financial (PNC +1.6%), Synovus (SNV +3.2%), M&T Bank (MTB +3%), Hudson City (HCBK +3.1%), First Horizon (FHN +2.7%), and First Republic (FRC +4.9%).
- ETFs: XLF, FAS, FAZ, UYG, KRE, VFH, KBE, IYF, IAT, IAI, SEF, IYG, FXO, FNCL, KBWB, QABA, FINU, KRU, RWW, KBWR, RYF, PSCF, FINZ, KRS
- Among the TBTFs, Citigroup (C +2.7%) and Bank of America (BAC +2.5%) are leading the way.
Thu, Jan. 15, 9:51 AM
- With Bank of America (BAC -3.1%) getting battered again (now off 13.8% YTD) after this morning's mixed earnings report, let's get a bull's take:
- EPS was about inline despite the revenue miss, says Evercore ISI's Glen Schorr, and the bank still has a good story to tell on expenses (off 8%, ex-litigation), capital, leverage, and credit. Consumer & business banking, wealth management, and global banking are all performing well and are why investors will be patient on BAC as a U.S. economy/higher interest rate play.
- "Our gut is investors will be bummed about the revenue decline but stick with the stock as story hasn't changed and valuation is a lot more palatable post the recent drop."
- Previously: BofA earnings call: There's good volatility and bad volatility (Jan. 15)
- Previously: BofA off 2% after Q4 results (Jan. 15)
Thu, Jan. 15, 9:19 AM
- "FICC trading tends to do best in a rising rate environment when activity levels rise as rates rise," says Bank of America (NYSE:BAC) CFO Bruce Thompson on the earnings call. In other words, volatility for its own sake isn't necessarily good for FICC as new issuance slips when credit markets back off. "That's what I would characterize as bad volatility."
- Webcast and presenation
- Earlier, the bank reported FICC revenue of $1.5B in Q4, down from $1.9B from last year's already weak level.
- In the meantime, Bank of America remains a cost-cutting play, and CEO Brian Moynihan's "New BAC" had the bank cutting another 300 branches in 2014 to 4,855, and another 18.4K employees to 223.7K. Helping is mobile, with the number of mobile customers up 15% Y/Y, and 12% of deposits done with mobile vs. 9% a year ago.
- Shares -2.9% premarket and now off nearly 15% YTD.
- Previously: BofA off 2% after Q4 results (Jan. 15)
- Previously: Bank of America EPS of $0.25 (Jan. 15)
Dec. 11, 2014, 9:20 AM
- SolarCity (NASDAQ:SCTY) has partnered with BofA Merrill Lynch (NYSE:BAC) to form a new investment program for financing an estimated $400M in solar power projects in 2014 and 2015.
- The new residential program follows BofA Merrill's prior commitment to finance more than $200M in commercial solar power projects with SolarCity, and is part of BofA's current 10-year, $50B environmental business goal to advance lower-carbon economic solutions.
- SCTY +0.5%, BAC +0.6% premarket
Dec. 9, 2014, 8:47 AM
- Already under pressure amid a sizable global selloff, Bank of America (NYSE:BAC) is now lower by 2.7% premarket after CEO Brian Moynihan, presenting at the Goldman Sachs financial services conference - warns Q4 trading revenue will fall both from Q3 and versus one year ago.
- There's been a lot of talk about higher interest rates, but they remain low, and Moynihan reminds of that negative impact to NII.
- Presentation slides
Dec. 5, 2014, 10:06 AM
- Among those counting on higher interest rates to boost profits are banks, insurers, and online brokers, and all are outliers to the upside in today's session after a strong November jobs report has rate hike expectations on the rise. The XLF is up 1%.
- TBTFs: Bank of America (BAC +2.1%), Citigroup (C +1.8%), JPMorgan (JPM +2.2%), Wells Fargo (WFC +1.2%)
- Regionals (KRE +1.9%): Regions Financial (RF +2.6%), KeyCorp (KEY +2.3%), Huntington (HBAN +1.5%), BB&T (BBT +1.6%), Zions (ZION +4%)
- Custodials: BNY Mellon (BNY), State Street (STT +1.6%), Northern Trust (NTRS +1.8%)
- Life insurers: MetLife (MET +2.1%), Prudential (PRU +2.5%), Lincoln National (LNC +2.3%)
- Online brokers: Schwab (SCHW +3.8%), E*Trade (ETFC +3%), Ameritrade (AMTD +2.7%)
- Previously: Short end of yield curve on the move after jobs number (Dec. 5, 2014)
- Previously: Bonds and dollar higher, gold slumps after strong jobs report (Dec. 5, 2014)
- ETFs: XLF, FAS, FAZ, UYG, KRE, VFH, KBE, IYF, KIE, IAT, IAI, SEF, IYG, IAK, FXO, FNCL, KBWB, RKH, QABA, FINU, KRU, RWW, KBWR, RYF, KBWP, KBWI, PSCF, FINZ, KRS
Oct. 16, 2014, 7:08 AM
- "Given drastically reduced litigation expenses going forward, we think the core earnings power of the company should begin to accrete to existing shareholders, allowing book value growth at a company that has struggled to grow TBV since the crisis," says FBR's Paul Miller, upgrading Bank of America (NYSE:BAC) to Outperform, with price target lifted to $20 from $18.
- On target cost savings, he says, has proven management's ability to execute its strategy to improve shareholder returns, and he sees the possibility for 2015 EPS to exceed his $1.60 estimate.
- Previous earnings coverage
- Shares -1.8% premarket as broad markets are set for another tough day.
Oct. 15, 2014, 7:22 AM
- Net income of $168M includes a $5.3B or $0.43 per share pre-tax legal charge for global mortgage settlement. Earnings one year ago were $2.5B, or $0.20 per share.
- Net interest income of $10.4B flat from a year ago.
- Noninterest income gained 2% Y/Y, when excluding DVA adjustments. Net charge-offs of $1B fell 38%. Net charge-off ratio of 0.46 compares to 0.73 one year ago.
- Noninterest expense of $19.7B vs. $16.4B a year ago. Excluding litigation expense, noninterest expense of $14.2B fell 7% Y/Y, thanks to sizable personnel cutbacks (mostly in legacy mortgage).
- Consumer and Business Banking net income of $1.856B vs. $1.787B a year ago. Average deposit balances up 4%. Mobile banking customers up 15% to 16.1M - 11% of deposits were made via mobile vs. 8% a year ago.
- Consumer Real Estate Services net loss of $5.184B vs. loss of $990M a year ago, thanks to the mortgage settlement. $11.7B of mortgages originated and $3.2B of home-equity loans vs. $22.6B and $1.8B a year ago.
- Global Wealth and Investment Management net income of $813M vs. $720M a year ago.
- Global Banking net income of $1.414B vs. $1.137B a year ago.
- Global Markets net income of $769M vs. a loss of $875M a year ago. FICC revenue of $2.2B gains 11% Y/Y, driven by currencies as volatility returned late in the quarter.
- Tangible book value per share of $14.13 vs. $13.62 one year ago.
- Conference call at 8:30 ET
- Previously: Bank of America beats by $0.08, beats on revenue
- BAC +1.2% premarket
Oct. 2, 2014, 7:28 AM
- Bank of America (NYSE:BAC) is boosted to a Buy with price target raised to $20 from $16.80, while JPMorgan (NYSE:JPM) is cut to a Neutral with $64 price target.
- BofA's deposit profile means it will be under less pressure than peers to pass along Fed rate boosts to depositors, says UBS. JPMorgan, on the other hand, has a smaller amount of "core deposits" than its peers, says UBS, and could see outflows when rates rise.
- BAC +1%, JPM -1% premarket
Sep. 25, 2014, 3:09 PM
- Today's resignation of Attorney General Eric Holder could mark the beginning of the end of the Justice Department's push to hold big banks accountable for their conduct leading up to the financial crisis.
- Several big banks, including Goldman Sachs (GS -2.1%) and Wells Fargo (WFC -1.1%), are still under investigations by the Justice Department for their sale of flawed mortgage securities before 2008, but settlements in those cases are expected to be much smaller than the big sums extracted from Bank of America (BAC -1.8%), JPMorgan Chase (JPM -2%) and Citigroup (C -2.2%).
- Another sign that the big bank cases may be winding down: Tony West, who was Holder's point man in the bank settlement talks, recently left the Justice Department to join PepsiCo as its general counsel.
Sep. 18, 2014, 12:53 PM
- Banks, insurers, brokerages and anything else starved for yield continue to gain following yesterday's FOMC news. Among the gainers are Bank of America (BAC +1.9%) - which breaks above $17 for the first time since April - Citigroup (C +2.7%), Wells Fargo (WFC +1.1%), PNC (PNC +1.1%), Fifth Third (FITB +1.7%), SunTrust (STI +1.2%), Schwab (SCHW +2.3%), Prudential (PRU +2.5%), and Lincoln National (LNC +2.4%).
- The XLF +1.2%, KBE +1.5%, and KRE +2%.
- Financial sector ETFs: XLF, FAS, FAZ, UYG, KRE, VFH, KBE, IYF, IAT, SEF, IYG, FXO, KBWB, FNCL, RKH, QABA, FINU, KRU, KBWR, RWW, RYF, KRS, FINZ
- Lit up bright red is the utility sector (XLU -1%), led by Southern Company (SO -1.1%), Dominion Resources (D -1.2%), Duke Energy (DUK -1.4%), and Pinnacle West (PNW -1.9%).
- Utility ETFs: XLU, IDU, VPU, UPW, RYU, FUTY, PUI, FXU, SDP, PSCU
Sep. 17, 2014, 3:16 PM
- Leading markets higher as the reality of higher interest rates gets nearer is the financial sector (XLF +0.9%). Whether its banks, brokerages, or insurers, a higher benchmark rate for some time has been considered a key bullish catalyst. An especially large move is being seen in the online brokerage names who have been forced to forego money market fees for years thanks to ZIRP: E*Trade (ETFC +3%), Schwab(SCHW +3.2%), Ameritrade (AMTD +2%).
- Morgan Stanley (MS +1.8%), Bank of America (BAC +1.2%), JPMorgan (JPM +0.9%)
- U.S. Bancorp (USB +1.1%), Regions Financial (RF +2%), New York Community Bank (NYCB +0.8%), Huntington Bancshares (HBAN +1.3%), KeyCorp (KEY +1.3%)
- MetLife (MET +0.6%), Voya Financial (VOYA +0.7%).
- Chubb(CB +0.4%), AIG (AIG +1.1%), Hartford (HIG +0.8%)
- Financial sector ETFs: XLF, FAS, FAZ, UYG, KRE, VFH, KBE, IYF, KIE, IAT, SEF, IYG, IAK, FXO, KBWB, FNCL, RKH, QABA, FINU, KRU, KBWR, RWW, KBWP, RYF, KBWI, KRS, FINZ
Sep. 9, 2014, 12:24 PM
- The Fed intends to impose a capital surcharge on banks tougher than the international standard, according to Fed Governor Daniel Tarullo's prepared remarks for the Senate Banking Committee. Those banks with heavier reliance on short-term funding like overnight loans - i.e. Goldman Sachs (GS -1%) and Morgan Stanley (MS -1.8%) - will likely face even more rigorous requirements.
- Officials haven't yet decided on a number, but reportedly are considering as much as 200 basis points more than the top range of 2.5% of risk-weighted assets agreed to by international regulators.
- What's not yet clear is who would need to raise capital to meet the new, tougher standard.
- Citigroup (C -1%), Bank of America (BAC -0.6%), JPMorgan (JPM -1.3%), Wells Fargo (WFC -0.4%), State Street (STT -1.1%), Bank of New York Mellon (BK -0.9%)
- ETFs: XLF, FAS, FAZ, UYG, VFH, IYF, IAI, SEF, IYG, FXO, FNCL, FINU, KCE, RWW, RYF, KBWC, FINZ
Sep. 8, 2014, 8:41 AM
- "The major catalyst for shares in our opinion is the resolution of the bulk of Bank of America's (NYSE:BAC) legal issues with its AG settlement," says analyst Richard Ramsden, upgrading to a Buy with price target lifted to $19 from $17.
- "Legal costs have obscured much of the fundamental improvement at BAC."
- Shares +1.1% premarket
Aug. 21, 2014, 2:51 PM
- "We can start to see how [Brian Moynihan] can start running the company for shareholders and not litigants," says analyst Marty Mosby following Bank of America's (BAC +3.8%) $16.65B mortgage settlement with the government.
- The removal of the legal overhang is nice as is today's rally, says portfolio manager Dave Ellison (an owner of the stock), but higher interest rates are necessary for a sustained move upward in the shares.
- "We believe they have a wonderful franchise - the question now is, 'Do they,'" says fund manager Greg Donaldson. "If they do, their earnings will move sharply up because all of their energies will be poured into making their businesses better."
- And from The Oracle - whose 700M warrants struck at $7.14, if exercised, would make Berkshire Hathaway BofA's largest shareholder? "[Moynihan] is nurturing a huge and attractive underlying business that will endure long after today's problems are forgotten," he said in his annual letter in 2012.
- Previously: Bank of America confirms U.S. deal; +1.1% premarket
Aug. 21, 2014, 9:12 AM
- Previously tipped off as being about $17B, the $16.65B comprehensive mortgage-related settlement with the DOJ and six states' Attorneys General includes a $9.65B cash payment and about $7B of consumer relief.
- The deal is expected to reduce Q3 pretax earnings by $5.3B and EPS (after tax) by about $0.43 per share.
- Source: Press Release
- BAC +1.1% premarket
- Previously: BofA reportedly settles mortgage claims for $17B
Update: Bank Of America Q4 2014 Earnings - NII To Improve Going Ahead $BAC http://seekingalpha.com/a/1ox0s - View all 0 replies
Case like this..a region stimulus package introduced such as USA or Europe, statistics says 100% 2nd day rally...CNBC. $BAC - View all 0 replies
$BAC long - View all 0 replies
BAC vs. ETF Alternatives
Company Description
Bank of America Corporation is a bank holding and a financial holding company. Through its subsidiaries, it provides banking and non-banking financial services and products throughout the United States and in selected international markets.
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OPINION: Christchurch feels like a city under attack.
So much of its central business district has been demolished that its streets are unrecognisable, even to those of us who have spent most of our lives here.
The inner-city area within the Four Avenues is described by locals increasingly in terms of a war zone. Comparisons with Kabul or Baghdad abound.
Citizens are in a state of shock and many avoid the CBD altogether, grief-stricken at how much of their city has been destroyed - not by earthquakes, but by order of the Canterbury Earthquakes Recovery Authority (Cera).
According to Warwick Isaacs, Chief Executive of the Central City Development Unit (CCDU) who is backed by Earthquake Recovery Minister Gerry Brownlee, the demolitions will not cease until 20 per cent of the original CBD remains.
After the February 22 2011 earthquake, Dr Kit Miyamoto, a structural seismic engineer with 25 years' international experience in earthquake recovery, stated he believed that, at the most, about 30 per cent of the CBD might need to be demolished. The announcement that 80 per cent is to be demolished he later described as "unbelievable".
To make way for the increasingly criticised CCDU blueprint, priority projects such as the green frame, a convention centre (three times the size of the previous one), and a covered 35,000-seat stadium, Cera chief executive Roger Sutton has said 1200 existing inner-city sites must be "repackaged". Translation: a great number of inner-city properties must be sold to the Government at whatever price it offers. Yet more buildings will be demolished, including the few remaining heritage buildings.
Included in the green frame, which is to be in place as early as March, are listed heritage buildings which include the Christchurch Town Hall, the old Civic Offices, the Odeon Theatre and the Majestic Theatre. By June this year, 117 listed heritage buildings, representing 51 per cent of total heritage stock in the Central City (within the Four Avenues and Red Zone), had already been demolished and another 13 were slated for partial demolition. Approximately 100 of those demolished had recently undergone restoration work costing more than $3.5m from the public purse.
It seems there is no end in sight to the destruction deemed necessary for the city's recovery. Clearly two major casualties of the new city plan for Christchurch are property rights and cultural heritage identity.
Especially vocal in their criticism of the CCDU blueprint are property owners in the CBD who owned or still own heritage buildings. The proposed green frame was initially applauded as a way of maximising green space in the new city. However, it is now regarded by many property owners as a cynical means of setting up a land bank to manipulate land values within the new CBD so the Government can profit later from the disaster at their expense.
Wilson Penman, president of the Canterbury branch of the New Zealand Institute of Valuers, says property values in the Christchurch CBD are fluctuating wildly, confusion is widespread and a disputes resolution process is lacking. In The Press he said: "It is unheard of. It's like something from the Third World. Over the past two months, Cera has failed to respond to the institute's request for a meeting."
Roland Logan is part owner, with partner Sharon Ng, of the restored Edwardian warehouse known as the Bains Building. Completed in 1903 it was designed by well-known architect J C Maddison whose work characterised much of old Christchurch. Strengthened to the new code and fully tenanted, the building houses Ng Gallery and is a workplace for more than 45 people in the creative industries sector. It also provides an anchor point for a heritage triangle which includes Alice in Videoland's Old Post Office building and the McKenzie and Willis facade on High St.
Despite paying lip service to the idea, the Government has failed to enter into any consultation or consensual process. Logan believes that instead of a "one size fits all" policy which will simply bully people into submission or result in expensive court cases, a "cheaper and more common sense approach" would be for the Government to get together with all affected owners and negotiate acceptable options. After rallying public support, the couple have a faint glimmer of hope that Cera may consider incorporating their building into the stadium design, but no contractual agreement has been finalised.
Another inner-city property owner, Lisle Hood, agrees with Logan about the lack of consultation and has called for greater transparency surrounding the Government's actions: "This is simply a land grab. It's the sort of thing you would expect under a totalitarian regime, not a democracy."
He says it is "crazy" for the Government to be closing out the very landowners and developers such as himself who know the city well and who already have a good sense of what will work and what won't in the rebuild.
Ironically, if Christchurch was a literal war zone, "citizens' [property] rights would be better protected under United Nations' sanctions".
These are the words of Christchurch resident David Stringer, now an insurance watchdog working full-time as a volunteer on behalf of residents in his badly hit suburb of Brookhaven.
Most of his neighbours with badly damaged homes have not yet been paid out by their private insurance companies and have been told they may not be for years to come.
It also seems that the heritage identity of the Christchurch CBD might have been better protected in a war zone, and the iconic cathedral spared without question.
Since 2006 both the American and Russian military have been training their troops in Iraq, Afghanistan and Egypt to recognise the importance of preserving cultural sites.
Dr Laurie Rush, the US army archaeologist who initiated this believes local communities rather than external forces should be the ones to assign value to cultural properties.
"Failure to identify and respect these features could very well be interpreted as an act of hostility... aggression against cultural property is often used to demoralise and destroy communities".
Even if this is not the intention in Christchurch, it is certainly the effect.
Lorraine North is Chair of Canterbury Arts and Heritage Trust
- Sunday Star Times
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[Request] How to I keep my feet from smelling horrible whenever I wear flats? (self.TheGirlSurvivalGuide)
submitted 1 year ago by rheingolden
view the rest of the comments →
[–]wanderrlust 151 points152 points153 points 1 year ago (14 children)
I've heard a bunch of different ideas like baby powder, baking soda, spraying the inside with hairspray, putting deodorant on your feet, wearing nylons/flat socks, etc.
None these really worked (ESPECIALLY those damn powders that just turn into paste when it mixes with sweat), so what I like to do is put those thin panty liners down on the shoe before I wear it. Prevents most of the sweating and you can change it out every few days.
[–]pauli_rearea 59 points60 points61 points 1 year ago (1 child)
[–]emredding 1 point2 points3 points 1 year ago (0 children)
[–][deleted] 1 year ago* (3 children)
[–]paraselenae 4 points5 points6 points 1 year ago (1 child)
Have you ever tried just tossing the flats in the washing machine, if not the dryer? I've always been afraid to (what if they melt!), but it seems like it might work...?
[–]emredding 0 points1 point2 points 1 year ago (0 children)
Brilliant! I have to try these.
[–]ladycharles 22 points23 points24 points 1 year ago (0 children)
Never would have thought of this... excellent!
[–]bblemonade 15 points16 points17 points 1 year ago (0 children)
This is EXACTLY the stuff I hope to see in a sub like this. Awesome.
[–]bentwhiskers 11 points12 points13 points 1 year ago (0 children)
This was in the thread that spawned this forum! Been doing it for months now...IT WORKS!
[–]maythebee 14 points15 points16 points 1 year ago (1 child)
just make sure you NEVER take your shoes off in public I guess! That would be a fun situation to explain :P
[–]explainittomeplease 17 points18 points19 points 1 year ago (0 children)
"I sometimes get feet stigmata."
BOOM, solved.
[–]clevercleverclever 5 points6 points7 points 1 year ago (1 child)
Amazing! But I have a followup question: Where do you put the liner? Toward the front under the ball of your foot? In the back under the heel? Centered? What works best?
[–]sweetalkersweetalker 1 point2 points3 points 1 year ago (0 children)
π Rendered by PID 10464 on app-74 at 2015-01-26 10:36:48.794131+00:00 running dea44aa country code: US.


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Finding the Christian response in the death of a congregation
Baptist megachurch pastor Rick Warren urged members at the closing of Mars Hill Church in Seattle on Sunday to avoid bitterness and embrace gratitude. But are Christians capable of such a spiritual perspective when faced with something as demoralizing as the death of a church?
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Venue: PC Hotel, Karachi.
Tapu Javeri presented its exotic collection in the last fashion show Pakistan Week 2014 and won praise for its elegant designs, chic and flirty. read full review ›
May 12th, 2013
Markings Publishing launched a photographic book "Tapulicious 2" a sequel of the delightful photography books by Tapu Javeri at Indus Valley School of Art s and Architecture. Magnum is the sponsor of the book. read full story ›
Oct 25th, 2011
Indus Valley School of Art & Architecture, Karachi
Markings launched their third Title 'Dou Rukh' that is acclaimed by photographers Tapu Javeri and Arif Mahmood. read full story ›
Tapu Javeri has progressed to becoming one of Pakistan's most talked about and widely published photographers, starting from a tiny dark room at home almost 25 years ago. more ›
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Today's Top Fashion DesignersMenswear Fall Winter 2015 Collection by Fashion designer Margaret Howell
Latest Int'l Fashion ShowsChalet Mont Blanc is a stunning chalet located in Megève, France. The spacious Chalet Mont Blanc features everything you could possibly wish for from a luxurious mountain retreat.


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When it came to choosing a sport, everything pointed to cycling for Hamish Beadle.
It's in his family's blood and it didn't take long for the plucky and determined youngster to catch the cycling bug.
Beadle's father Dave is a hard-working junior coach and selector with Cycling Southland while his older brother Tom last year represented New Zealand on the track at the Junior World Championships in Invercargill.
The 14-year-old has followed and, like Tom, he too wants to make a splash as a sprinter and is setting his sights high.
When asked what races he loves riding he said, "500m TT, individual sprints, all those events".
And where would he one day like to end up?
"I want to be a professional sprinter and maybe go to the Olympics and worlds, that would be pretty cool."
Beadle will be one of 65 young Southlanders who this week will take part in the New Zealand age-group track championships at the Invercargill Velodrome, starting today.
Southland's representation is well ahead of the next largest group, 30 Canterbury riders who will line up in the event.
Despite being just 14, the James Hargest College pupil will compete in the under-17 category, an age-group he knows will be a challenge.
"I'll be riding with the second years, so it'll be hard and fast."
Cycling Southland coaching co-ordinator Dale Tye said Beadle was part of a promising group of under-17 boys.
"They are a really good bunch of kids, both talent-wise and socially, it's a great little training group," she said.
"Hamish is a lot like his brother Tom, that he could be either [sprint or endurance] if he wanted to - that's pretty exciting."
- The Southland Times
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text:
More on the cover story: Startups like Convercent are catching the business-to-business wave
- Greg Avery
- Reporter- Denver Business Journal
- Email | Google+ | Twitter | Blog
Denver is more likely to produce the next Salesforce.com than the next Facebook or Google, given the local startup scene's strength in business-to-business technology.
That's a good thing right now.
Patrick Quinlan, CEO of Convercent, and the subject of this week's Denver Business Journal cover story in the print (subscribers can click here), said his company's success in raising venture capital in October was helped by its B-to-B focus and being based in Denver.
"You could not be in a better place to get funding," Quinlan said. "Timing, which is the one thing no one ever controls, has been completely in our favor."
> More on the cover story: Serial entrepreneur Patrick Quinlan at work and home (Slideshow)
Convercent landed a $10 million investment and debt round in October led by the venture arm of business software giant SAP. B-to-B software companies have become a focus of investors as social media and other consumer-oriented startups have played out.
Earlier this year, Rally Software Development Corp., a Boulder software company that sells to other software businesses, notched a successful public stock offering.
Denver's Ping Identity Corp., which helps businesses manage log-in security for their work forces, attracted a $44 million VC investment over the summer, fueling growth the could help it go public in a few months.
Younger companies -- such as Denver-based FullContact, Boulder-based SendGrid, Greenwood Village-based Recondo Technology -- have business clients as their focus as well.
There's been a theme that's emerged from talking to several companies' founders, including local emergency management training technology Nusura (which I'll be writing more about soon).
Colorado software startups tend to and grow more slowly than do their coastal counterparts, attract smaller amounts of venture capital investment and focus more on labor-intensive, revenue generating services for clients.
Analysis firm OPEXEngine documented some of that in a recent report about small, private software firms broke down by region. (Subscribers can read it here.)
Attracting paying clients is a good thing. But knowing when to quit successfully bootstrapping and take on investors to grow more rapidly can be tough, said Nusura co-founder Jim Chesnutt.
It's hard to know whether local software firms grow more slowly because they're naturally more B-to-B focused, building the company by winning loyal clients among paying business customers. It could be that local companies grow that way because big chunks of early-stage funding needed to win a significant part of the massive consumer market is tougher to come by than in Silicon Valley.
But for every consumer-oriented Silicon Valley startup hauling in big VC rounds with multibillion-dollar valuations, there are dozens of smaller Silicon Valley B-to-B startups that attract much less notice and smaller amounts of money, OPEXEngine CEO Lauren Kelly reminded me recently.
And with B-to-B investing growing hotter, it may matter less for local businesses that they're far from the coasts, building B-to-B technologies. For companies past their early stages there's increasingly money to grow.
Greg Avery covers tech, telecom, aerospace, bioscience and media for the Denver Business Journal and writes for the "TechFlash" blog. Phone: 303-803-9222.
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Dogs in Need
Tel: 01276 858720 / 07540 268445
A selection of dogs that are presently looking for homes.
Click on thumbnail to enlarge image and for a description of each dog.
RyaRya, a year old spayed crossbreed, a
little nervous in kennels, badly in need of a caring home.
PatchThis neutered terrier is 14 months old; his name
is Patch. Unfortunately for him he was unable to stay in his home as he was
pestering the family's other dog. He is now in kennels awaiting a home, a
little nervous as yet, but said to be a very nice dog. He needs a home where
he will be given plenty of attention and some training.
JackJack is four years old, a neutered Jack Russell.
Although he has lived with a German Shepherd, he would probably like to be
someone's only dog. He is very affectionate and would make a great
companion. At present he is in kennels.
Betty is a middle-aged collie cross, spayed and
fully vaccinated. She has had a few homes so far - one of the unlucky ones.
She has some of the collie traits so would probably be best suited to a
collie home.
Jamie and Rocky
JetJet is six to seven years old, a German Shepherd
cross Collie. He is jolly, affectionate and obedient. Although he is very
fond of the ladies who are looking after him in kennels, it is high time for
him to be in a new home as he has been waiting since May when his owners
moved abroad.
Max is a young lurcher type, castrated and fully
vaccinated. He needs a strong owner who can give him plenty of exercise and
some training He has lived happily with children.
Penny is two years old, a sweet and affectionate
beagle cross Labrador. She is lively and strong and her owner who is
disabled is unable to control her. She is very playful and gets on well with
other dogs. She loves to cuddle up on a knee.
We have a constant turnover, so others may be available. All sorts of dogs pass through our hands. Please call us to discuss what you are seeking.


text:
PHILADELPHIA — President Obama wrapped up a month of brisk fundraising with two more events here Thursday amid an emerging rift with Jewish donors and accusations that he is exploiting the White House in his hunt for campaign cash.
In a not-quite-full hotel ballroom, Mr. Obama poked fun at Republican presidential candidates "parading around the country" while he works at his "day job."
"They won't have a plan, but they'll attack," the president told several hundred supporters. "The American people want us to exchange ideas about the future. I know that's the contest America needs and, by the way, that's the contest we will win."
Outside the hotel, hundreds of demonstrators, including many tea party activists, greeted the president. Signs included "Someone else for President 2012" and "Learn from Greece."
"He should cut the spending and respect members of Congress," said Diana Reimer of Lansdale, Pa., co-founder of the Philadelphia Tea Party Patriots.
Mr. Obama's June cash scramble concluded with a $71,600-per-couple dinner Thursday night at the Philadelphia home of Comcast Corp. executive David L. Cohen, a powerhouse fundraiser and longtime associate of former Pennsylvania Gov. Edward G. Rendell.
It was the president's 11th fundraiser since June 13 as his campaign aims to top second-quarter goals of $60 million and 450,000 individual donors.
The president told guests that the deficit-reduction talks with Republicans hinge on two things: reducing the costs of Medicare and Medicaid and raising revenue.
"The truth is, you could figure out on the back of an envelope how to get this thing done," Mr. Obama said. "The question is one of political will."
As the fundraising deadline approached, Democrats tried to quell concerns among Jewish supporters about Mr. Obama's handling of the Israeli-Palestinian peace process, particularly his May 20 speech calling for borders based on the cease-fire line that existed before the June 1967 Arab-Israeli war. Israeli Prime Minister Benjamin Netanyahu has called the proposed borders "indefensible" and suggested that the plan would weaken his country's security.
Some of the president's Jewish supporters say the development has caused them to withdraw their backing. Lawyer Joseph Wolfson, a Democrat from Philadelphia, said his misgivings about Mr. Obama have him considering voting Republican.
"Others do share my concerns," Mr. Wolfson said of the Jewish community. "I also believe it will affect [the president's] fundraising."
Said Mr. Rendell, "It's not unfair to say the large-donor base has questions. There's a benefit that comes from the president sitting down and talking directly to donors, for example, on the administration's policy on Israel."
A former Democratic National Committee chairman, Mr. Rendell described his home state as "absolutely up for grabs" in 2012. Mr. Obama won Pennsylvania by 11 percentage points in 2008.
"That's not going to happen again," Mr. Rendell said. "It's going to be a tough fight."
He added that he could envision the eventual Republican nominee fashioning "a road map to victory" in Pennsylvania if the candidate's message is focused on jobs and is socially moderate.
Democrats point out that the president did raise about $1 million two weeks ago in Miami at a high-priced event aimed in part at Jewish donors. Mr. Cohen, the Philadelphia host who raised $6.1 million for Mr. Obama in 2008, declined to comment.
The Obama campaign has emphasized its early success attracting a large number of small donors, rather than events like the one at the cable executive's home, where supporters paid $10,000 just to get in the door and $35,800 for "premium dinner seating."
"We measure our success not in dollars but in people," said a statement from the campaign signed "Barack" and emailed to millions of people.
The push for small donors has included a video pitch by the president, taped at the White House, offering "dinner with Barack" and Vice President Joseph R. Biden for four people whose names will be drawn from a pool of supporters.
The solicitation, coupled with a DNC-organized meeting March 7 with high-priced donors in the Blue Room of the White House, spurred criticism from government watchdogs that Mr. Obama is exploiting the executive mansion for fundraising.
Melanie Sloan, head of Citizens for Responsibility and Ethics in Washington, called the events "unseemly," but she also said they are legal.
Federal election law says federal employees, including the president, cannot solicit campaign donations "while in any room or building occupied in the discharge of official duties by an officer or employee of the United States."
That restriction doesn't cover the private residence portion of the White House, though it's not clear in which room the video was recorded.
White House officials also claimed that the pitch is technically not a fundraising appeal, because the president doesn't explicitly ask for money. Anyone can sign up for the raffle, although the campaign wants donations of at least $5. The president's video, taped by a DNC crew, is accompanied by a form in which supporters can check boxes to donate from $5 to $700 to the campaign.
White House officials pointed to video clips of other presidents who have used footage of the White House in campaign ads, including Republicans Ronald Reagan and George W. Bush. Mr. Bush did use video of the White House in an campaign ad that didn't appeal for money. As president, Bill Clinton also was the target of complaints about selling access to the White House for campaign cash.
Mr. Obama, who once supported the public financing of presidential elections, shattered fundraising records in 2008 by raising about $750 million. In the first half of 2007, he raised $59 million.
There have been suggestions that he will try to raise $1 billion for his re-election, although campaign officials have been downplaying that sum.
© Copyright 2015 The Washington Times, LLC. Click here for reprint permission.


text:
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10 results for "curtis granderson"
New York Yankees must tread water until stars return
Wallace MatthewsThe object of this Yankees season, at least for the first half, is to tread water.
Story | Conversation | March 29, 2013 -
Phil Hughes of New York Yankees to start season on disabled list
Wallace MatthewsYankees pitcher Phil Hughes will join Derek Jeter, Alex Rodriguez, Mark Teixeira and Curtis Granderson on New York's disabled list for the start of the season.
Story | Conversation | March 27, 2013 -
First Pitch: It's almost like the real Yankees
Wallace MatthewsTAMPA, Fla. -- OK, so Robinson Cano won't be here, and neither will Mark Teixeira, Alex Rodriguez or Curtis Granderson. But when you have a Yankees game these days that pretty much guarantees you Derek Jeter, Andy Pettitte and Mariano Rivera, it a...
Blog | March 13, 2013 -
New York Yankees could exceed expectations in 2013
Wallace MatthewsFor the first time in a generation, the Yanks can exceed expectations.
Story | Conversation | February 08, 2013 -
New York Yankees are a winning machine
Wallace MatthewsRight now, the Yanks are a machine. A hittin', fieldin', pitchin', winnin' machine.
Story | Conversation | July 18, 2012 -
Alex Rodriguez of New York Yankees passes Ken Griffey Jr. on home...
Wallace MatthewsAlex Rodriguez has moved ahead of Ken Griffey Jr. into sole possession of fifth place with his 631st career homer.
Story | Conversation | April 20, 2012 -
New York Yankees' CC Sabathia is comfort food for Bombers
Wallace MatthewsThe Yankees will have plenty of drama. CC Sabathia can bring the calm.
Story | Conversation | April 05, 2012 -
2012 Spring Training -- New York Yankees eye new era of relative ...
Wallace MatthewsClearly, some things are going to change now that the Bombers are cutting payroll.
Story | Conversation | March 02, 2012 -
New York Yankees' Hal Steinbrenner plans to lower team payroll
Wallace MatthewsNew York Yankees managing general partner Hal Steinbrenner says it's his goal to lower the team's payroll to $189 million over the next few years.
Story | Conversation | March 01, 2012 -
New York Yankees took the day off in Toronto on Sunday
Wallace MatthewsThe Yankees are tired -- tired of playing the game. Ain't it a crying shame?
Story | Conversation | September 18, 2011


text:
Ripple by Mandy Hubbard
Fallen Grace by Mary Hooper
Stray (Shifters, Book 1) by Rachel Vincent
Looking for Alaska by John Green
The Gathering (Darkness Rising, Book 1) by Kelley Armstrong
No One Heard Her Scream by Jordan Dane
Public Enemies: America's Greatest Crime Wave and the Birth of the FBI, 1933-34 by Bryan Burrough
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About my libraryI have a wide variety of books - from all types of young adult to historical romance, romantic suspense, historical fiction, fantasy/sci-fi and mystery/thrillers. I also collect classics.
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Jungle Speed is a lightning-fast card game for the entire family, where quick reflexes and a keen eye will put you on top. Flip your cards, watch your opponents and grab the totem at the right moment to win the game. Just when you think you've got it down, a new card can temporarily change the rules and keep you on the edge. Play starts when the first person flips a card. Moving around the table, symbols are revealed until two of the exposed cards match. Players with matching cards must then scramble to grasp the totem in the middle of the table; the loser gets the winner's cards and anything in the pot. With paws flying, be the first person to get rid of all your cards and win the game.
Jungle Speed has no review on Wii's World.
Nintendo4ever said:
Hey, I know this game! My friend has it, can't believe they are bringing it to Wii.
Area Effect Announces Izle for Wii U
Part action, part adventure, all cel-shaded
Nintendo Confirmed As Sponsor For APEX 2015
Another positive step for the Smash competitive scene
Majora's Mask 3D Collector's Edition Contains Skull Kid Figurine
Pre-orders are now open!
Ackk Studios Rings in the New Year with New Y2K footage
Starting the New Year with a bang!
Is Nintendo Making A New Wii U Gamepad?
Recent commercial may have leaked new GamePad model
Zeldathon Relief Announced
Pot smashing for a great cause
Why the Inclusion of The Duck Hunt Dog in Super Smash Bros. Was Brilliant
How the the most hated character in video games rose to the top of the Smash heap
Nintendo Confirms Select Amiibo Have Been Discontinued
Prepare for aftermarket markup!
Super Smash Bros. Director Masahiro Sakurai Unlikely to Return to Series
Suspects series will continue without him
New Legend of Zelda Wii U Gameplay Shown at The Game Awards
Who needs Skyrim???
Karaoke Joysound
Released on July 3rd, 2014
Deer Drive Legends
Released on November 19th, 2013
Retro City Rampage
Released on February 28th, 2013
Vampire Crystals
Released on December 20th, 2012
Reel Fishing Ocean Challenge
Released on October 18th, 2012
fpshark said:
So has this actually been done yet?
... Mario t-shirt design
Andrew Gray said:
You know, I actually did forget about how Smash was mostly developed by Namco! You're likely right about the cause ... Game of the Year 2014
Zachary Wickwire said:
True. I've put in a pretty significant amount of time into the online for Mario Kart 8 and I've rarely dealt with any ... Game of the Year 2014
Andrew Gray said:
Bayonetta 2 is pretty awesome Zach, but Shovel Knight was too! I'd say that there are two reasons Smash is not on the ... Game of the Year 2014
Zachary Wickwire said:
Looks like I need to play Bayonetta 2, since it seems to be pretty popular on this list. My final two came down to ... Game of the Year 2014
Wii's World is not officially affiliated with Nintendo! (but they wish we were).


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"My name is Joseph M Safadi I just. Moved to bend Oregon last June 2013, I love the outdoor. looking to meet new people and make friends, enjoy and share the same..."
"Hello, my name is Bob Speik and I have been hiking, backpacking and summiting peaks for more than 40 years. I love to hike with others and share adventures. I have..."
"Every trail is a great trail!"
"Hi, I'm Aaron. I just moved to Bend this Summer, (2013). I love all outdoor activities, although winter sports will be something new for me!"
"Bon jour."
"Interested in meetups with those with similar interests."
"I'm Terra, a 29year old mother of 4. I've lived in Bend almost my entire life and haven't had an opportunity to explore what Bend has to offer. I'..."
"Hi , I moved to Bend from Minneapolis in May. So excited that the snow is coming. Love winter! Love to backcountry ski!"
"Love the outdoors and doing anything in it!"
"Been back and forth between Bend and Boston for a couple of years. Finally relocated to Bend this fall. I'm traveling full time for the next year and looking..."
"New to bend area and looking for hiking, biking, skiing buddies."
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1978 Maserati Merak SS Chassis No. AM122/A*US*2660* Engine No. 610161 Verified Matching Numbers and Colors Believed to have less than 15,000 Original Miles 1 of only 312 SS Produced for the... More
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*** ONLY 14732 MILES *** GRANTURISMO S! BIANCO FUJI! 20 NEPTUNE STYLE WHEELS! BLUE CALIPERS! WOOD/LEATHER STEERING WHEEL! SPORT PEDALS! PARKING SENSORS! NAVIGATION! XM... More
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This 2011 Maserati GranTurismo convertible is finished in silver exterior with black leather. It is equipped with optional silver colored brake calipers, high gloss... More
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Oh My Goodness, What Are Those Turtles Doing? Oh my goodness. A little kid watches turtle love. 1/23/2015 10:26:48 AM 3,647 18
Turtle Saves His Upside Down Companion What happens when a turtle gets flipped upside down? 12/16/2014 12:58:20 PM 5,671 60
Baby Turtle Tries To Make It To The Ocean Keep going little buddy, you are almost there!!! 5/10/2012 12:00:00 AM 12,708 42
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Turtle Has Tomato Problems If at first you don't succeed, try and try again. 1/9/2012 12:00:00 AM 16,542 34


text:
43-4131 jobs near Plymouth Meeting, PA
Loan Processor
NEWMedical Clinic Marketing
- Philadelphia, PAJob Description: Looking for an outgoing individual with sales experience to be our next Loan Processor. Lending experience a plus. This job allows for you to be your own boss and...
3 hours ago from ZipRecruiter -
NEWAvenue 365 Lender Services
- Plymouth Meeting, PACompany Description: We are a National Title and Settlement company with a centralized structure based out of Plymouth Meeting PA. We are a customer-focused, technology-inspired...
1 day ago from ZipRecruiter -
Title Post Closer
- Philadelphia, PACompany Description: About JobTracks: JobTracks is a national specialty staffing company providing highly qualified employees to niche industries. Our focus is quality and our...
4 days ago from ZipRecruiter -
Retail Mortgage Processor I
MB Financial Bank
- Exton, PAPeople | Integrity | Partnership | Teamwork | Fun! Have you been seeking intense professional growth and development? Looking for a place that is not only willing to hear your...
30+ days ago from Money Jobs -
In-Office Sales Closer $75,000+ draw-comm.
Medical Clinic Marketing
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Junior Mortgage Processor
NEWNew Penn Financial
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Home > Lifestyle > Food > News
Published: Friday February 28, 2014 MYT 6:10:00 PM Updated: Friday February 28, 2014 MYT 6:23:44 PM
Wine master Robert Parker Jr. will be on a world tour starting from March. – AFP
Asia is first stop for wine authority.
LEADING wine authority Robert Parker Jr. is hitting the road this year for his first-ever world wine tour, hosting masterclass tastings and gala dinners for oenophiles throughout Asia, the US and Europe.
The founder of the influential Wine Advocate will make Asia his first stop, where Parker and members of his review team will host events at posh hotel chains like the Four Seasons and Shangri-La across Beijing, Shanghai, Hong Kong, Kuala Lumpur and Singapore.
But the privilege of partaking in a tasting and black tie dinner with the wine expert doesn't come cheap, as tickets start at US$400 (RM1,312) and go up to US$1,248 (RM4,092).
Guests who sign up for "A Taste of Greatness" masterclass can expect to sip, swish and spit with rare and top wines curated by Parker. Each class will encompass a different theme.
In March in Singapore, for example, Parker will present a masterclass themed after the iconic wines of Piedmont, Italy.
Likewise, the Gala Hedonist's Dinner scheduled in Malaysia also in March will centre around the "Great Cabernet Sauvignons of the World", featuring wines from Chateau Mouton Rothschild and Penfolds Bin. The black-tie events are designed to highlight iconic wines and stellar vintages.
The tour will also extend to the US and Europe throughout the year. Dates for these have yet to be announced.
Meanwhile, Wine Spectator magazine is hosting a wine tour in the US this spring, featuring 200 wines at events in New York, Las Vegas and Washington DC at US$225 (RM738).
For details on Parker's Wine Advocate Grand World Tour visit https://www.grandworldtour.com/gwtour.aspx. – AFP Relaxnews
Tags / Keywords: Lifestyle, Robert Parker, wine, Wine Advocate grand world tour
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