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The Overlook at Golden Hills Apartments300 Caughman Farm Lane, Lexington, SC 29072
- $865 - $1,130
- 1 - 3 Beds
Note : Prices & Availability Subject To Change
Note : Prices & Availability Subject To Change
The Overlook at Golden Hills is setting NEW standards in luxury living. A community of distinction... welcome home.
Welcome to The Overlook at Golden Hills, Lexington's community of distinction. The Overlook at Golden Hills is the lifestyle, luxury and location you've been looking for. Setting new standards for luxury living, The Overlook at Golden Hills combines a serene location with first-class service and amenities found only in the newest Lexington community. From impressive resort-style living to elegantly finished interiors, you'll soon see that no detail was spared in bringing you this irresistible community. We are conveniently located minutes from shopping, golf, dining and entertainment. CABLE, WATER, SEWER AND TRASH REMOVAL INCLUDED!
The Overlook at Golden Hills is located in the Columbia Area in the 29072 zip code. View this apartment on a map.
Professionally Managed By: Morgan Management
Community Features
- Resort Style Swimming Pool
- State of the Art 24 Hr Fitness Center
- Billards Room
- Conference Room available
- 9' Ceiling with Tray accents in select units
- Water/Sewer/Trash INCLUDED
- porches or Patios with storage in all units
- Vaulted 14' Ceilings on 3rd floor*
- Modern black appliances
- Cherry cabinets
- Brushed Nickel Hardware and Lighting
- Hardwood Style Flooring in Kitchen and Entry
- Balconies with Storage
- Internet and Cable Ready
- community Business Center with wireless internet
- Carpet
- Clubhouse
- Electric
- Energy Efficient
- Garage available
- Internet
- Large Pets Allowed breed restriction
- Basic Cable TV INCLUDED
- Sewer INCLUDED!
- Water INCLUDED!
- Trash Removal INCLUDED
- Professional Management
- Carpeting
- Storage
- Bark Park
- Balconies on the 2nd and 3rd floor apartments
Floor Plan Amenities
- Full size Washer/Dryer in Unit INCLUDED!
- corporate/ Furnished Apartments available
- oversized Closets
- Dishwasher
- Ceiling Fans
- Disposal
- Handicap Accessible
- Patio on first floor
- Refrigerator with ice makers
- Window Covering
*Note: In Select Units


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Politics Counts
GOP is hoisted on its own piitard of gerrymandering. Now the primary is the only election that counts and the GOP obsesssion with its "base" means that the minority of the minority controls the party. And that minority is hostage to the smallest fringe of the party that loaths any contructive action by the GOP members.
Boehner tears are crocodile tears.
All Boehner need do is urge universal E-Verify, which would be a compassionate and effective way to stop the employment of millions of illegal immigrants at a time when the U-6 unemployment rate is 12.7%. Besides, the first generation of Hispanic voters from any amnesty would vote Democrat anyhow.
You own em John. They are your crazies!
Shouldn't Boehner be joining Clive Bundy in Bunkerville?
Yes John, join your Democratic counterparts and embrace the unwashed masses ready willing and able to join the welfare roles.
John Boehner needs to go for many reasons ... he is a RINO, he shows poor leadership, indecisiveness, he doesn't care about Republicans winning ... he only cares about playing ball with Democrats, his answer to the Tea Party is to try to defeat them ... even if that means electing Democrats (Christine O'Donnell, Sharon Angle). After so many years in D.C. he continues to allow himself to be "used" by Democrats. He appears to be a nice man who likes the Status Quo as long as he and his friends are part of it. He and Politicians like him MUST go. This latest event is only an Illustration. John, go home to your family.
@ Steve 10:52
The self-righteous group of angry old white men are a dying bread, rapidly becoming a despised minority.
The long term prognosis for the Republican may be terminal unless they change their ways.
Republicans are aggressively angry, old and white---definitely a dying breed of haters in this modern world.
The GOP problems with immigration reform is only a reflection of how rare this moment is for both political parties, and the country. On the one hand, The GOP cracks are running deeper than anyone thought. On the other hand, the country is riding a wave of "appeasement" that is not only diminishing the U.S influence around the world but is making the country look weak and unreliable. Against this background, inertia forces are thrusting Hispanics into a political necessity, and tacticians in both parties don't know how to deal with it. The incarceration and deportation process put in place by Mr. Obama is making Hispanics ponder about their political alliances. Mr. Obama's double talk is now in the open, and the HOUSE disregard to take on immigration legislation is exacerbating further their frustrations. The HOUSE may be counting this tactical delay will hurt democrats more to the extent that Hispanics would stay home and do not vote in the midterm and national elections. Fat chance, Hispanics continue to reinvent themselves to take advantage of their new political status. Let's remember that about 50,000 young Hispanics turn 18 years old every month, and if Democrats win the 2016 national election most Hispanics will be enlisted as Democrats. In this political environment, the GOP sooner or later will have to do immigration reform but in adverse circumstances. This is a compelling reason to do something significant now.
Washington Wire is one of the oldest standing features in American journalism. Since the Wire launched on Sept. 20, 1940, the Journal has offered readers an informal look at the capital. Now online, the Wire provides a succession of glimpses at what's happening behind hot stories and warnings of what to watch for in the days ahead. The Wire is led by Reid J. Epstein, with contributions from the rest of the bureau. Washington Wire now also includes Think Tank, our home for outside analysis from policy and political thinkers.
Sign up for Capital Journal Daybreak

subset: commoncrawl


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Posted on November 25, 2015
$20,000 grant from Phoenix Suns Charities to support the Early Learning Readiness (ELR) program, a national YMCA initiative, at Chandler-Gilbert Family YMCA. This program will target the Central Chandler community…Read More
Posted on November 25, 2015
In the fall of 2015, the Valley of the Sun YMCA was selected by the YMCA of the USA to participate in a national LIVESTRONG® at the YMCA Learning Cohort. …Read More
Nov 30, 2015
Copper Basin Family YMCA
START 2016 AS A TRI-ATHLETE Monday, November 30th- January 4th Compete In the Copper Basin YMCA Holiday Progressive Triathlon You choose the distance that works for you: Sprint, Olympic, Half…Event Details
Nov 30, 2015
Tempe Family YMCA
Come to the Tempe Family YMCA and see local arts and crafts made by your neighbors! Proceeds benefit the Y and the designer. Support your community today!Event Details
Dec 2, 2015
DFFY will be hosting an ALL DAY Holiday PT Palooza on Wednesday, December 2nd. This will be a day of fun and free events with all of our trainers including…Event Details
For the Y, providing "every opportunity to reach farther" is a very real promise we make to this community. It means that your YMCA—an organization with the capacity and will to inspire positive and lasting social change—is pursuing a mission to do just that. So what does that mean for you?
It means reaching farther to help children and teens reach their full potential through value–based programs, including child care and educational programs, sports and activities, summer day camps, overnight camps, swim programs, teen leadership programs, events,
and clubs. Each opportunity builds skills, self-confidence, positive peer relationships—and unimagined successes.
It means providing every opportunity to help our members achieve their goals for peak health and well-being by offering unparalleled support, guidance, resources, and facilities. We know that our considerable expertise will lead hundreds to achieve their wellness goals and get on a path to a healthier life.
It means creating a community that reaches out to give back—helping our most vulnerable and deserving neighbors achieve their dreams for better lives. The YMCA's social service programs—including initiatives in education, health, character-building, cultural understanding, leadership, vocational training, the arts and more—inspire hope, create new opportunities for success and meaningfully change futures.


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D-backs reach deal with reliever Reynolds
The Arizona Diamondbacks and left-hander Matt Reynolds have agreed to a one-year deal, avoiding arbitration, the team announced Monday.
Reynolds appeared in 18 games for the D-backs in 2015 and posted a 4.61 ERA in 13 2/3 innings.
William Boor is a reporter for MLB.com. Follow him on Twitter at @wboor. This story was not subject to the approval of Major League Baseball or its clubs.


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Haven't rented your moving truck or container yet? We can help! Our brand spankin new Moving 101 section has all the information you need to help you compare all your moving options and plan your move. Read real reviews and compare average pricing for local & long distance truck rentals and moving containers. Find must-know tips, tricks, & reminders to make an easier move. Plus, discover more about why making a Hybrid Move with HireAHelper will save you time & money. Happy moving!Make An Easier Move


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Wrestling icon Roger Wilson to join national hall of fame
June 10, 2015
More than a half-century has passed since Roger Wilson founded the Issaquah High School wrestling program, and many things surrounding the sport have changed.
When Wilson came to Issaquah in 1961, there were only about 60 high schools statewide offering the sport, a number that has exploded to more than 350 today. And Issaquah — whose mascot was the Indians, not the Eagles — was the smallest school in its league at the time, with fewer than 400 students in three grades.
Motor man — Evergreen Ford employee retires after almost 70 years in car business
May 12, 2015
The name Roy Malmassari has been associated with Ford motorcars since before the Edsel.
The 86-year-old native of Hobart hung up his Kelly Blue Book and his dealer license plates for the last time April 30 after being in the car business for almost seven decades. He has been associated with the Ford dealership in Issaquah since 1981.
Klahanie couple climbs to Africa's highest point
March 17, 2015
The first post-retirement vacation for many couples might include lounging on a sunny Hawaiian beach, enjoying a moonlight stroll through the streets of Paris or driving across the country to visit their grandchildren.
Jane and Steve Schwartz chose something slightly different — hike to the top of a 19,341-foot mountain.
Off The Press — Local residents are doing great things, here and away
March 17, 2015
I spend a lot of time thinking about local people and things, and I'd like to point out some of them here.
Kudos to the parents of young Maddie Sprague, Jeannie and Colin Sprague who met Maddie when she was only a couple of weeks old. Although they knew about her health problems — she had open-heart surgery the day she was born — they adopted her anyway.
2014 remembered for what went away
December 31, 2014
Annexations, retirements, plastic bags, development, a looming school closure, retail marijuana, bank robberies, the Concerts on the Green series, and business and occupation taxes made the list of the top 10 news stories of the year in Issaquah.
Here are those stories, in no particular order:
Klahanie-area annexation issue moves to Sammamish
Issaquah residents voted no, for the second time, on the city of Issaquah annexing the Klahanie area. The King County Growth Management Planning Council then unanimously approved the idea to move the Klahanie area from Issaquah's Potential Annexation Area to Sammamish's.
Press publisher to retire Jan. 31
February 1, 2014
40-year career comes to a close
When Debbie Berto assumed the helm of The Issaquah Press in the early 1970s, she was only a couple years out of college and had no managerial experience. To top it off, she was just 24 and pregnant with her first child. But her boss saw something in her that made him confident he'd made the right choice.
"I never had any training in business management," Berto admitted. "The Press was losing money in those early years, so John Murray didn't have much to lose by putting me in charge. It wasn't long before he predicted that I would retire from The Press. I couldn't imagine that that was possible."
Now, 40 years later, Berto is indeed ready to retire, having worked from advertising representative to publisher of the 114-year-old newspaper.
Issaquah School District hosts party for retiring superintendent
May 28, 2013
The Issaquah School District is hosting an open house for retiring Superintendent Steve Rasmussen on June 5.
Rasmussen is retiring after more than four decades in education, according to a press release from the district.
The open house is from 4-6 p.m. at the Administration Building, 565 N.W. Holly St. Remarks will begin at 5 p.m.
End of an era
April 23, 2013
IHOP institution, Susie Nutzhorn, is ready to hang up her apron after 30 years
Longtime IHOP waitress Susie Nutzhorn has a certain philosophy about her line of work.
The way she sees it, she doesn't really work for the famous pancake house, rather her true employers are the men, women and children who enter through the Issaquah restaurant's doors every day.


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to ask how people who are anti-immigration feel when they hear about migrant boating disasters?(102 Posts)
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Out of stock
Unfortunately this item is out of stock
Grey silk and cotton blend mac jacket from Christian Dior Vintage featuring front double breasted buttons, a belt with a buckle fastenings, long sleeves, buckle fastenings on sleeves, a vent on back and fully lined. Please note that vintage items are not new but often between 20 and 50 years old, and therefore will always have minor imperfections, even when the items have been used with love and care.
Item ID: 10224788
- Measurements:
- waist: 94 centimetres, length: 107 centimetres, bust: 114 centimetres, hips: 100 centimetres
- Height:
- 170
- Bust/Chest (cm):
- 86
- Waist (cm):
- 68
- Hips (cm):
- 95
- Model is wearing size:
- 48
Models Measurements
- Lining Composition
- Silk 100%
- Composition
- Cotton 60%
- Composition
- Polyester 40%
- Dry Clean Only
- Brand Style ID
- Mg11dimac
Your order will be shipped directly from the boutique to you. Farfetch ships worldwide using DHL and UPS, and you will be able to track your order at any time. The cost of shipping your order will be calculated at the checkout.
Import duties information
Delivery duties are included in the item price when shipping to all EU countries plus USA, China, Canada, Switzerland, Singapore, Australia, Japan, South Korea, Kuwait, Qatar, U.A.E, Saudi Arabia and Taiwan.This means all import duties are included in your order, so the price you see is the price you pay. You will not receive an additional duty bill from the courier to receive your shipment. If you are ordering from within your own customs zone or country, import duties will not be applicable anyway, however you may have to pay VAT or local Sales Taxes where applicable (for the UK and USA these are included at the checkout).
Delivery duties are not included in the item price when shipping to all other countries. This means you may be liable to pay import duties on receipt of your order.
Free returns pick-up
You have 14 days from receiving your order to return the item to the boutique using our free returns pick-up service. We strongly recommend that you book your free returns pick-up within 7 days of receiving your order to ensure that it arrives back to the boutique in time. Please note for standard orders we can only collect returns from the same country to which your order was delivered. For click and collect orders we can collect your return from the country your order was delivered to and also the country of the original boutique you ordered from. We are unable to accept returns of earrings for hygiene reasons. We are also unable to accept returns of fine Jewellery. Click here to read our full returns policy.
Christian Dior founded his Parisian namesake brand in 1946. The house of Dior is famous for its haute couture designs and for creating the 'New Look' that would influence the style of the fifties, and has become a leading luxury brand with a reputation for innovative style. In 1950 Jacques Rouët devised a licensing program to place the now-renowned name of "Christian Dior" visibly on a variety of luxury goods. It was placed first on neckties and soon was placed on hosiery, furs, hats, gloves, handbags, jewellery, lingerie, and scarves.


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Chinese bank ICBC knocked US oil giant ExxonMobil from its perch as the world's biggest public company Wednesday, ranking number-one for the first time on the Forbes Global 2000 list.
Underscoring the power move by Chinese companies to top global rankings, China Construction Bank leaped 11 spots from last year to the number-two spot on the Forbes list of the world's largest public companies.
"This year's list again reveals the dynamism of global business," said Scott DeCarlo, the list editor.
Forbes said that ICBC — The Industrial and Commercial Bank of China — and CCB were bumped higher in the ranks by double-digit growth in both sales and profits in 2012, although annual profit growth for both banks was the slowest rate since they went public.
ICBC brought in $37.8 billion in profits on $2.8 trillion in assets last year, while CCB earned $30.6 billion on $2.2 trillion in assets.
"Most analysts don't expect a banking crisis in China, but rising defaults and shrinking loan profitability are serious threats to the country's banking system," Forbes said.
The rankings of the Forbes top 2000 are determined by an equal weighting of sales, profits, assets and market value.
Wall Street bank JPMorgan Chase, the world's biggest company in 2011, slipped from number two in 2012 to number three in 2013 as sales dipped.
US conglomerate General Electric moved down a notch to the fourth spot..
ExxonMobil, the US oil and gas giant, tumbled from its one-year reign at the top last year to the number-five spot, despite being the world's most profitable company for the second year in a row with $44.9 billion in net income, Forbes said.
Apple, which has vied over the past year with Exxon for the title of the world's most valuable company by market capitalization, was tied at number 15 with Wal-Mart Stores.
Wal-Mart reclaimed the top perch as the word's sales leader with 5.0 percent growth from Dutch-Anglo energy firm Royal Dutch Shell.
Germany's Allianz, South Korea's Samsung Electronics, and US-based AT&T joined the 25 top-ranked companies. Allianz gained the most ground, rising to 25th from 50th in last year's list.
By country, the United States, adding 19 members, continued to dominate the list with 543 members, its highest total since 2009.
Japan lost seven members, but at 251 remained the second-biggest country on the list.
For the first time since the list began in 2004, Forbes said, China did not increase the number of its companies on the list.
But it still had the third-largest presence with 136 members.
Forbes highlighted three Asian countries that showed standout overall growth in the list: Singapore, Thailand and Malaysia.
Belgium, Turkey, and the United Arab Emirates had the biggest rise in company market values, growing by double digits from a year ago.
Eleven countries had only one firm on the list, including New Zealand, the Czech Republic and Vietnam.
Chinese bank ICBC tops Forbes Global 2000 list
Chinese bank ICBC knocked US oil giant ExxonMobil from its perch as the world's biggest public company Wednesday, ranking number-one for the first time on the Forbes Global 2000 list.


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"I am trying to extend the tonal range of my prints while still achieving good contrast."
The easiest and best way to do this is to contact print your negatives on Azo and develop them in amidol with a water bath. You'll have complete control over the scale of every print and will use far fewer sheets of paper.


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Juniors Game Night: 9-24-15Submitted by chad on September 25, 2015 - 08:15
Ontario Hockey League
Erie Otters 4 @ Windsor Spitfires 3 (OT)
W Cristiano DiGiacinto, WSR: 0-0-0, -2, 0 PIM, 1 SOG
2014-15 totals: 63 GP, 21-24-45, -16, 100 PIM
No McDavid, no Strome, no problem for Erie. The defending Western Conference champs defeated the Spits in Windsor, 4-3 in a 3 on 3 overtime after tying the game with an extra attacker. Darren Raddysh (undrafted) had the winner. Alternate captain Cristiano DiGiacinto was scoreless for Windsor after a good showing at the Lightning's camp.
Ottawa 67's 4 @ Peterborough Petes 5
D Dominik Masin, PBO: Did not play
2014-15 totals: 48 GP, 7-19-26, -13, 68 PIM
D Matt Spencer, PBO: 1-0-1, E, 0 PIM, 1 SOG
2014-15 totals: 67 GP, 6-24-30, -15, 64 PIM
Peterborough opened their season by hanging on for a 5-4 win over the visiting 67's. The Petes had a 4-3 lead with under two minutes to go when Spencer, an alternate captain, scored into an empty net from his own end to make it 5-3. Flyers first rounder Travis Konecny scored his second goal of the game with 15 seconds left for Ottawa to make things a little more interesting. Dominik Masin was assigned to Peterborough earlier in the day by Tampa Bay, so he was not available for the season opener. The move by the Lightning ensures ample playing time for Masin this season, which will undoubtedly be his final junior year. Masin was eligible for the AHL this season. He's coming off surgery in February to repair facial injuries sustained in a Petes game, plus a wrist injury from a bike accident this summer. The Lightning remain high on the former second round pick.
Flint Firebirds 3 @ Saginaw Spirit 0
W Mitchell Stephens, SAG: 0-0-0, E, 0 PIM, 0 SOG
2014-15 totals: 62 GP, 22-26-48, -17, 44 PIM
The Firebirds (formerly the Plymouth Whalers) made their OHL debut, defeating Saginaw on the road, 3-0, to open both teams' seasons. Stephens, an alternate captain for the Spirit, is expected to have a breakout year offensively. Zack Bowman (undrafted) had a 23-save shutout for Flint.
NHL Preseason Game Night: 9-23-15 Lightning at PredatorsSubmitted by pete on September 23, 2015 - 21:11
Overmatched Lightning B squad falls on the road.
Adam Wilcox allowed 4 goals on 21 shots for the loss before giving way to Allen York at mid-game. York allowed 1 goal on 9 shots the rest of the way.
First Period
7:47 NSH Neal (1), (Josi, Fiala)
8:40 NSH Weber (1), (Ribeiro, Wilson)(PP)
16:14 NSH Smith (1), (Josi, Bartley)
Second Period
4:31 NSH Smith (2), (Wilson, Ribeiro)
6:39 TB Namestnikov (1), (Blunden, Peca)(PP)
10:14 TB Brown (1), (Tambellini)
Third Period
17:47 NSH Sissons (1), (Arvidsson, Moses)(PP)
I don't want to call this a throw away game, but this was essentially sticking the Palat/Johnson/Kucherov line on a depleted Syracuse Crunch roster and putting them up against darned near all of the Nashville Predators opening night roster. The Preds had about a 4 to 1 experience advantage in the lineup tonight, and it showed in the final score. The good news is the Lightning managed to staunch the bleeding pretty well after it got to 4-0 and got some production from lower line guys like Namestnikov and Brown (good for Tampa Bay) and Blunden, Peca, and Tambellini (good for Syracuse). The only thing that gives me any real pause is Andrej Sustr getting a -3 hung on him, which continues the bleeding from his playoff run of last year.
Tanner Richard had 4 penalty minutes, 1 shot, and 2 hits in 14:56. He was also 60% on draws.
Jonathan Marchessault was -1 with 3 shots and was 50% on draws in 15:07.
Philippe Paradis was -1 with 2 penalty minutes, 3 shots, 3 hits, and 1 blocked shot in 10:12.
Luke Witkowski stayed clean in 19:48 of ice time.
Jake Dotchin fought a Predator and had 3 shots, 1 hit, and 1 blocked shot in 18:33.
Matthew Peca had a helper and was -1 with 2 shots and 1 hit in 15:02. He only took 2 draws and was 0-for-2.
Dominik Masin was -2 with 1 shot, 2 hits, and 1 blocked shot in 17:45. I'd imagine he's ticketed for Peterborough come tomorrow, but we'll see.
Daniel Walcott had 2 hits and 1 blocked shot in 18:23. He's becoming a favorite on the website.
Nikita Nesterov had 2 penalty minutes and 5 shots in 21:05. You never have to ask Nesterov to put pucks on net. He starts shooting from the parking lot.
Box score and extended statistics from NHL.com.
KHL Game Day: 9-23-15Submitted by pete on September 23, 2015 - 18:41
Dinamo Minsk 0 vs. Khanty-Mansiysk 3
Nikita Gusev, Khanty-Mansisysk, 1-0-1, +1, 2 PIM, 2 SOG
Season totals: 11 GP, 5-4-9, +4, 4 PIM
Nikita Gusev notched a power play goal and a minor for tripping in 15:30 of ice time in Yugra's 3-0 win over Minsk. Goaltender Vladislav Fokin stopped all 36 shots he faced for the shutout win. Ex-Predtors pick Konstantin Panov also had a pair of helpers in the win.
Jokerit 4 vs. Bratislava 1
Saku Salminen, Jokerit, DNP
Season totals: 3 GP, 0-0-0, E, 0 PIM
Ex-Kings pick Brandon Kozun had 3 assists to propel Jokerit to a 4-1 win against Bratislava. Ex-Sharks first rounder Lukas Kaspar had a goal in defeat for Slovan.
Novgorod 2 vs. Ekaterinburg 4
Carter Ashton, Novgorod, 0-0-0, -1, 0 PIM, 0 SOG
Season totals: 6 GP, 2-0-2, -1, 2 PIM
Carter Ashton was -1 in 15:03 of ice time in Novgorod's 4-2 loss to Ekaterinburg. It was Ashton's first game back in the lineup after missing the past couple of weeks. Ex-Sens pick Dmitry Megalinsky paced Ekaterinburg with 1 goal and 2 points in their win.
Lightning Cut 10 from CampSubmitted by chad on September 23, 2015 - 15:33
The Lightning made their first round of cuts today, with few surprises.
Returned to their junior teams:
Anthony Cirelli, Oshawa (OHL)
Cristiano DiGiacinto, Windsor (OHL)
Boko Imama, Saint John (QMJHL)
Mathieu Joseph, Saint John (QMJHL)
Matt Spencer, Peterborough (OHL)
Mitchell Stephens, Saginaw (OHL)
Ben Thomas, Calgary (WHL)
Dennis Yan, Shawinigan (QMJHL)
Goaltender Philippe Cadorette and defenseman Kevin Gibson were released from their tryouts.
The Bolt Prospects Podcast, Volume 35Submitted by chad on September 23, 2015 - 13:13
This week's "Nikolai Khabibulin Edition" of the Bolt Prospects Podcast (also available on Lightning Radio's iHeart station) includes the following topics:
· The No. 35
· Prospect tournament review (Who's up? Who's down?)
· Interview with Mathieu Joseph
· #FreeDrouin2015
· The BP Mailbag (Which TB regular is getting the squeeze? … Camp surprises? … Thoughts on Yan, Joseph, Stephens … Kucherov with Stamkos? … 2019 arena banners)
NHL Preseason Game Night: 9-22-15 Predators at LightningSubmitted by pete on September 22, 2015 - 22:09
Strong 55 minutes of hockey marred by late game collapse.
Ray Emery stopped all 10 shots he faced before giving way to Adam Wilcox midway through regulation. Wilcox played well for 25 minutes before eventually allowing 3 goals for the OT loss. He stopped 14 of 17 overall on the night. Emery's performance lays down a strong initial claim to the role of Bishop's backup heading into the regular season with Vasilevskiy shelved the first couple of months of the campaign.
First Period
Second Period
2:58 TB Condra (1), (Angelidis, DeAngelo)
Third Period
1:01 TB Drouin (1), (Killorn, Hedman)
15:18 NSH Bass (1), (Bourque, Jones)
17:28 NSH Arvidsson (1), (Fiala)
3:50 NSH Ekholm (1), (Forsberg, Ellis)(PP)
Brayden Point was the game's second star.
Unfortunately, the last 9 minutes or so of hockey kind of overshadowed 55 minutes of hockey where the Lightning accomplished most of what they set out to do tonight. They got good performances from the backup goaltenders. They got Drouin on track early in preseason. They got some good performances from the young players, especially the young defensemen. I think the staff will be happy with the night, on balance, but you want to finish it off and get the result, of course.
Anthony DeAngelo had a helper and was +1 with 2 shots and 1 hit in 21:03. They let their young thoroughbreds out for a good long run tonight.
Mike Angelidis had a helper and was +1 with 1 hit and 3 blocked shots in 11:37. He was also 67% on draws. Productive in his ice time, but that IT was limited because the Lightning know what they have there and the role he's going to be put into. Not a lot of mystery with Angelidis.
Slater Koekkoek was -1 with 1 hit and 5 blocked shots in 18:17.
Point was -1 with 2 shots and 1 blocked shot in 16:03. He was also a very nice 71% on draws. The guy has just gotten universal praise by everyone who has seen him in the last half a year or so.
Joel Vermin had 1 blocked shot in 13:55.
Henri Ikonen had 1 shot and 1 blocked shot in 11:35.
Mitchell Stephens was -1 with 2 shots and 2 hits in 14:11. It says a lot that they gave him a touch more IT than some of the more established prospects who were in Syracuse last season. They obviously have high hopes for Stephens.
Dylan Blujus had 2 shots, 2 hits, and 2 blocked shots in 19:30. Also hit a crossbar. Nice, well-rounded stat line. Good to see, with a nice chunk of minutes.
Adam Erne was -1 with 3 shots and 2 hits in 14:40. Activity is good. Syracuse fans should be excited to get DeAngelo and Erne into the program this season.
Box score and extended statistics from NHL.com.
KHL Game Day: 9-22-15Submitted by pete on September 22, 2015 - 18:56
Magnitogorsk 0 vs. Vladivostok 2
Vasily Koshechkin, Magnitogorsk, Loss, 35/36, 1.02 GAA, .972 sv%
Season totals: 11 GP, 4-3-4, 0 SO, 1.87 GAA, .932 sv%
Vasily Koshechkin took the hard luck loss after allowing just 1 goal in Magnitogorsk's 2-0 loss to Vladivostok. Ex-Devils pick Niclas Bergfors had the empty netter in the win for Vladivostok.
KHL Game Day: 9-20-15Submitted by pete on September 20, 2015 - 17:50
Magnitogorsk 5 vs. Novokuznetsk 2
Vasily Koshechkin, Magnitogorsk, DNP
Season totals: 10 GP, 4-2-4, 0 SO, 1.95 GAA, .927 sv%
Caps first rounder Ilya Samsonov stopped 23 shots in his first start of the year as Magnitka destroyed Novokuznetsk 5-2. Ex-Avs second rounder Ryan Stoa had a goal in defeat for Novokuznetsk.
Khanty-Manisysk 3 vs. Omsk 0
Nikita Gusev, Khanty-Mansiysk, 0-0-0, +1, 0 PIM, 1 SOG
Season totals: 10 GP, 4-4-8, +2, 2 PIM
Nikita Gusev was scoreless in 18:30 of ice time in Yugra's 3-0 win over Omsk. Veteran netminder Georgi Gelashvili, stopped all 35 shots he faced for the shutout win.
Elsewhere, Carter Ashton remained out of the lineup as Novgorod fell to Yaroslavl 3-1.
KHL Game Day: 9-19-15Submitted by pete on September 19, 2015 - 18:21
Jokerit 1 vs. Podolsk 2 (SO)
Saku Salminen, Jokerit, DNP
Season totals: 3 GP, 0-0-0, E, 0 PIM
Ex-Lightning first rounder Riku Helenius stopped 19 shots, but allowed goals to 1 of 2 shooters in the penalty shot session in Jokerit's 2-1 Shootout loss to Vityaz Podolsk. Ex-Flyers pick Mario Kempe, brother of Kings first rounder Adrian Kempe, had the regulation goal for Podolsk.
KHL Game Day: 9-18-15Submitted by pete on September 18, 2015 - 20:42
Magnitogorsk 3 vs. Novosibirsk 2 (SO)
Vasily Koshechkin, Magnitogorsk, SO Win, 34/36, 1.87 GAA, .944 sv%
Season totals: 10 GP, 4-2-4, 0 SO, 1.95 GAA, .927 sv%
Vasily Koshechkin turned aside 6 of 7 shooters in the penalty shot session to deliver Magnitogorsk a 3-2 Shootout victory over Novosibirsk. Ex-Blue Jackets pick Sergei Mozyakin had 1 goal and 1 assist in the victory for Magnitka.
Khanty-Mansiysk 1 vs. Astana 0
Nikita Gusev, Khanty-Mansiysk, 0-0-0, E, 0 PIM, 2 SOG
Season totals: 9 GP, 4-4-8, +2, 2 PIM
Nikita Gusev was scoreless in 16:37 in Yugra's 1-0 win over Astana. Goaltender Vladislav Fokin stopped all 38 shots he faced for the shutout win.
Elsewhere Carter Ashton was again out of the lineup for Novgorod in their 1-0 win over HC Sochi. And, in the Finnish SM-liiga, Jonne Tammela remains out with an injury while his club KalPa languishes in 14th on the 15 team league table through 4 games.


text: Follow two teenage girls, Chantelle and Lydia, who share the same all-consuming desire to have a baby. Join the girls as they go on a very personal journey of self discovery with their mums and grans. Taking a break from everyday life, the six women embark on a five-day road trip across the UK, immersing themselves in the world of teen pregnancy. Along the way, the families are introduced to a variety of people and situations designed to help inform the teens before they make their Big Decision. Both families get to meet a real-life teen mum and visit a maternity ward.


text:
The Journey
In this mad journey of ours it can easy to lose track of where we've been. So, with a little help from uMaps I've decided to combine it all together in a beautiful visual representation of the ride so far. I've linked everything in here, not only the routes and cities we've been to, but also our blog posts in those areas, and I'll be keeping it up to date as we go along. So, you can click on the map, choose a spot, sit down in your favorite comfy chair with a good 'ol beverage and read to your heart's content. It'll provide fodder for evening relaxation, dinner party conversation and friends.
Feel free to send it round for others who might be wondering where we are.
Wheelingit Camping Map
A map and clickable review of every place we've stayed since we started RVing. This map is updated at the end of each year of travel.
2015 Journey
2014 Journey
2014 Best Campgrounds Of The Year
2014 & Year 5 Round-Up -> 5,000 Miles, Aliens, Painted Hills
2013 Journey
2013 Best Campgrounds of the Year
2013 & Year 4 In Review -> 4,200 Miles Of Western Odyssey
2012 Journey
2012 Top RV Parks and Campgrounds of the Year
Year 3 FullTime RVing – 2,700 Miles & A Western Adventure
2011 Journey
2011 Top RV Parks and Campgrounds of the Year
Another Year and 8,000 Miles On the Road -> 2011 Reviewed


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Red Hat Provides CERN with a Platform for Mission-Critical Applications
April 15, 2014
Red Hat Enterprise Linux, Red Hat Enterprise Virtualization and Red Hat Technical Account Management Services selected by CERN
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that CERN, the European Organization for Nuclear Research, has deployed Red Hat Enterprise Linux, Red Hat Enterprise Virtualization and Red Hat Technical Account Management services to provide a reliable and stable platform for mission-critical applications. The project includes nearly 600 servers running Red Hat Enterprise Linux operated by CERN at its Geneva datacentre, fulfilling database, application server and backup and recovery functions.
At CERN, Red Hat Enterprise Linux runs some of the organization's most critical applications, including the Large Hadron Collider Logging Server and the central financial and HR systems for CERN's members of personnel and 11,000 users. Given the nature of these applications, operating system stability is crucial to successful operations, a need fulfilled by the reliability and high availability offered by Red Hat Enterprise Linux. Beyond uptime, Red Hat Enterprise Linux also requires minimal administrative overhead and offers CERN high flexibility and rapid deployment times for key applications and services.
In addition to using an infrastructure based on Red Hat Enterprise Linux, CERN also runs Red Hat Enterprise Virtualization in its cutting-edge LHCb experiment, which focuses primarily on identifying the differences between matter and antimatter. A stable and reliable IT infrastructure, such as that provided by Red Hat's solutions, is critical to LHCb, as it supports the controlling, configuring, and monitoring functions for approximately one million systems and processes, including detectors, temperature sensors, and power supply units as well as entire software processes.
The infrastructure is comprised of physical two-socket servers and is virtualized using Red Hat Enterprise Virtualization on Dell PowerEdge M610 servers (with Intel Nehalem or Ivy Bridge processors with between 96 GB and 256 GB RAM per server) and a Brocade FC8 SAN with a NetApp data storage system. The infrastructure is designed for high availability and is built to be completely redundant, a critical feature for CERN as control system downtime almost always results in data loss.
Beyond the crucial technologies delivered, CERN's Red Hat subscription enables the Organization to take advantage of Red Hat Technical Account Management (TAM) services. Through Red Hat TAM, CERN is assigned a dedicated technical contact person at Red Hat who helps the Organization take full advantage of its investment in Red Hat solutions, offering active consultation services and support in both strategic and operative decision-making processes.
A long-term Red Hat customer, CERN also uses other solutions from the open source specialist in different IT areas. For example, the Organization uses Red Hat JBoss Fuse, a robust, flexible, enterprise service bus (ESB) platform for integrating applications, data, services, and devices. Based on popular open source technologies, JBoss Fuse provides services for transformation, routing, and log assignments.
Supporting Quotes:
Tim Bell, group leader of IT operating systems and infrastructure services at CERN:
"We appreciate the stability and availability of solutions from Red Hat. This is extremely important to us because we use these solutions in highly critical areas where commercial support, resilience and reliability are key requirements."
Niko Neufeld, deputy project leader at CERN:
"Our LHCb experiment requires a powerful, very reliable and highly available IT environment for controlling and monitoring our 70 million CHF detector. Red Hat Enterprise Virtualization is at the core of our virtualized infrastructure and complies with our stringent requirements."
Leonard Bodmer, Red Hat country manager, Switzerland:
"We are very proud of the fact that a world renowned research institute such as CERN has not only selected Red Hat solutions, but also because these products are used in such critical areas of the organization. In the instance of Red Hat Enterprise Linux, this is further evidence of the platform's success in supporting mission-critical applications, regardless of their end purpose or composition. Naturally, we are looking forward to further collaboration with CERN and we are pleased to know that with our solutions, we are able to make a small contribution to innovative research initiatives."
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text:
Saturday, June 05, 2010
Happy birthday to her
18 comments:
I'm quite sure that you deserve cake. Hope you had a huge slice.ReplyDelete
Happy birthday to your daughter.
Happy Birthday to Darling Daughter 2!!! We just got home from a birthday party for my sweet niece who turned 18 today, so they share a birthday. I'm waving madly to all your wonderful family. Don't worry about any of us -- we'll still be here LOL. I hope you manage to get a little rest this weekend!ReplyDelete
I didn't notice mess, and even when you mentioned it I purposely still didn't look for it, I just concentrated on the shiny happy faces of your family. Happy birthday to Daughter #2.ReplyDelete
Happy Birthday birthday Girl It looks like you all had A good time.And A house Is made to be lived inSo dont worry about mess It looks like you are A happy Family.Have A good Week.ReplyDelete
Hugs Mary.
My kitchen looks like a bomb has hit it at the moment - and yours looks just perfect for a family celebration. Normal. Just like the rest of ours, in fact. Happy Birthday to your daughter! And good luck with the marking - Wednesday will be here soon and you can relax.ReplyDelete
What lovely photos, such a happy family, and who cares about mess? You cannot make a cake without breaking eggs, etc! And that cake looks lovely and those candles are great.ReplyDelete
You have been flat out doing so many things - here's to finishing the marking.
Happy birthday to Daughter 2.
mostly I just noticed the exam scripts lurking on the worktop behind the happy scene... hope the ordeal is soon over and many happy returns to daughter 2...ReplyDelete
A very happy belated birthday to your lovely daughter. Your pictures, mess and all, always serve to make me long for family get togethers.ReplyDelete
"Cake anyone?" Yes please! Especially since there was no-one on hand to bake one for my recent birthday! [boo-hoo...]Men are useless like that. Of course I'm positively elderly compared to your glowing daughter! I'd settle for another slice of my youth if the cake is all gone.....ReplyDelete


text:
My current set up is an SSG20 with an adsl interface and VPN tunnel to head office (where our DNS servers are located). DNS on the SSG is set with the DHCP section pointing to our internal DNS servers, therefore taking all traffic through the tunnel.
The DNS section itself is not configured on the SSG.
I'd like to redirect traffic to certain websites via the untrust interface so they are not hitting the VPN tunnel. What would be the best way of attacking this?
Thanks in advance..
Solved! Go to Solution.
DNS resolution has nothing to do with routing. If you route all Internet traffic into the tunnel using a default route, the only way to reach certain web servers directly through Untrust interface are the static routes for their IPs. The host and network routes take precedence over the default route.
Are all web traffic passing over the VPN tunnel?
As Edouard mentioned, you can create a specific /32 host routes for the web sites and set the next hop out the untrust interface.
Alternatively, policy-based routing may also work in this situation.
Hi guys,
Thanks for your replies. Sorry, after looking into it a bit further, I gave you some incorrect info. Only internal traffic to the head office goes over the vpn, however, the site they want is also available internally so they are connecting using internal ip.
It's basically too slow over the vpn so I'd like to fire it out via the external. I won't be able to route the internal ip out as it won't resolve. Their DNS will resolve the site as the internal ip. Is there a way to catch traffic going to that ip/hostname and redirect it out of the external?
The simplest solution is to enable DNS Proxy on Trust interface and create a couple of static cache entries for these web servers which are mapped to the public IPs (Network -> DNS -> Cache). The firewall itself should be able to resolve DNS requests using the internal DNS server (Network -> DNS -> Host). The option Network -> DNS -> Host->Show DNS Lookup Table can be used to check/troubleshoot the DNS name resolution.
A complexer solution would be Proxy DNS Address Splitting (Vol. Fundamentals. C&E). This solution is more flexible. But if you need to resolve certain DNS requests to the public IPs and others to the internal IPs, while both groups of IPs are mapped to the same domain, this solution might become too complex.
Sam wants that certain urls are resolved to the public IPs rather than to the private ones.
Hi Sam,
Yes that's exactly what I want to do with the least amount of changes. I'm not currently using PBR so is it pretty straightforward to configure?
PBR is not simple and, what is more, it does not solve your problem without NAT. But if you have configured a NAT PBR is not required...
Yes, you can translate the private IPs of your internal services to their public IPs on Trust interface, using eg. MIPs.
08-06-2012 04:27 PM - edited 08-06-2012 04:53 PM
Hi Edouard,
Thanks for that. So, I've set up a MIP entry on the Bgroup trust interface and set the mapped ip to the internal address and the host IP to the external ip that i want to reroute to. Netmask I've selected as 255.255.255.255 as it's just the one ip and host vr name is untrust.
I checked the access policy list too, and allowed any-any from trust-untrust. I'm still have no luck, it just doesn't connect now. I'm clearly missing something?
If you did not change default zone-to-vr mappings the Untrust zone is mapped to the Trust-vr. This means that the host vr is Trust-vr. The rule is simple - the host vr is the one that the destination zone and the egress interface are mapped to.
This policy will not work. The MIP and VIP objects do not belong to the object Any in any zone besides Global zone. The policy should be any-to-MIP (or LANaddress-to-MIP). Do not mix MIP with other objects in the policy! If ScreenOS finds a MIP (multiple MIPs) in a policy it interprets this policy as a Source zone -> Global zone policy. Essentially, this plays no role which zone is used as the destination one if the policy contains MIPs and VIPs. But people prefer to use the "correct" destination zone either for a better readability or because not all of them are aware of the specific global nature of the MIP. So, you can configure a trust-to-untrust policy with the MIP as the destination object. This will work.
Hello, just to make sure we're on the same page...
PC1-------[bgroup0]FW======VPN======== Server (application and DNS)
[Eth3] |
| |
Internet Internet
10.1.1.1 184.108.40.206
Server 184.108.40.206 (www.test.com)
bgroup0: 22.214.171.124
Eth3: 10.1.1.1
Currently, the setup is that PC1 resolves an IP address to server, www.test.com, via DNS.
Then PC1 sends a TCP SYN packet to server with src-IP 126.96.36.199 and dst-IP 126.96.36.199, and this traffic is sent over the VPN tunnel.
What you want to do is rather than being sent over the VPN tunnel, to send the traffic from PC1 to Server over the internet, out Eth3. Is this correct?
If yes, then the packet with src-ip 184.108.40.206 and dst-ip 18.104.22.168 (from PC1 to Server) will need to be translated to public IPaddresses.
I believe this can be achieved in couple different ways.
1) using src and dst nat
set policy from trust to untrust 126.96.36.199/32 126.96.36.199/32 any nat src dst ip 184.108.40.206 permit
set route 220.127.116.11/32 int ethernet3 ## to associate this IP with untrust zone
Of course the router/firewall at the server location will have to do NAT as well -- as well as making sure the server's reply is coming over the internet as well.
2) MIP with src NAT.
set int bgroup0 mip 184.108.40.206 host 188.8.131.52
set policy from trust to untrust 188.8.131.52/32 mip(126.96.36.199) any nat src permit
set route 18.104.22.168/32 int ethernet3
Goal for both options above is to translate packet from private IP 184.108.40.206->188.8.131.52 to Public IP 10.1.1.1->22.214.171.124
I don't have access to firewall at this moment to test this, but I don't see why it shouldn't work.
Yes that's exactly the situation Sam and I think that option 2 may well have nailed it. As yourself and Edouard said, I may have havd the policy settings incorrectly configured. Odd thing is though, when I run a tracert it just returns the Netscreen local ip for each entry.
Is there a way to check that it is indeed going through the adsl1/0 interface?
Again, thanks so much for your help on this guys, you've got me out of a sticky situation!!
At this point, we'll need debugs and configs...
unset ff (repeat until 'invalid id')
undebug all
set ff src-ip 184.108.40.206 dst-ip 126.96.36.199
clear db
debug flow basic
*** initiate traffic ***
undebug all
get db stream
In addition, you can enable logging on the policy, and "get log traffic src-ip x.x.x.x" and see if the IP is translated correctly, but debug is preferable (and definitive).


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These are just a few of the hundreds of attributes cataloged for this track by the Music Genome Project.show more


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Our local paper is doing a week-long series associated with a bike-to-work week. The series follows three riders: a novice, a recreational rider, and a frequent commuter. Two graphs this morning quoting the recreational rider are, I think, relevant here as one more example of barriers to more riding and ways of dealing with them.
The "Augustana" reference below is to the college where the recreational rider teaches. The Quad Cities Transportation Advocacy Group is a small but, in my opinion, smart and effective advocacy group with a mission statement of "improve the quality of life in our communities by promoting a balanced approach to transportation that encourages walking, biking, and public transit."
Another thing that crossed my mind this morning as I was biking to Augustana was that compared to a year or two ago, I feel much more comfortable riding my bike on the streets than I did before. I usually just ride on rural roads or on the river trail in order to train for the couple of sprint triathlons I do every year. I typically stayed away from the "urban" streets because I was scared of traffic.
But recently, I have done a couple of "metro" rides with Quad Cities Transportation Advocacy Group and I have gotten a better feel for riding around town (thanks guys!). Those rides have increased my confidence and I feel much safer now that I have a better grasp of the rules of the road and know which streets are better than others to bike down.


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WorldVentures is a lifestyle company that markets travel-related products. Combining the power of the internet with the time-tested strength of word-of-mouth marketing, WorldVentures is an emerging leader in the leisure travel industry.
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From Chance the Rapper to Young Thug, The Best & Worst New Rapper Names
Jon Connor
All Varsity Music
Don't Know the New Artists on Dr. Dre's "Compton"? We Tried to Warn You
If it felt like it's been an eternity since the last Dr. Dre album it's because it has been; we've waited nearly 16 years (well,... Read More
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Husband is back in the hospital
He got up this morning and was having trouble breathing and had a tightness in his chest he went to the ER and they kept him because his blood pressure was up and his oxygen was down even after several different meds it was going up then down and not staying stable.
Hugs and prayers. I hope he gets the help he needs. Seems like he has been in and out of hospital an awful lot .
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text:
James Stewart, Jr.
unknown - July 10, 2012
James Stewart, Jr., 87, of Baldwinsville passed away Tuesday, July 10, 2012 at Syracuse Home Association. He was predeceased by his wife Florence in 1989.
Survivors: two sons; Kenneth (Sharon) and Jack (Nancy); his sister, Mary; Grandchildren, Michael, Megan, Emily, Jamie, Christine and John; great-granddaughter Alexis.
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This place was empty and I was the only person who had a unit at the Evergreen while I was there. After talking with people in town and the contractors in the area I learned that most of the units were closed and being repaired. During the 2010-2011 Winter on the coldest day of the year Brian Head (-20 degrees)... More
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I'm such a glutton for cream eyeshadow lately particularly ones that come in a stick. Tarte's being the best ones I've run across this year!
Stila Smudge Crayon Waterproof Eye Color might be my next cream shadow to join my stash.
By Isabella Muse on 7 Comments
I'm such a glutton for cream eyeshadow lately particularly ones that come in a stick. Tarte's being the best ones I've run across this year!
Stila Smudge Crayon Waterproof Eye Color might be my next cream shadow to join my stash.
By Isabella Muse on 14 Comments
Good news today!
Anyone craving Tarte Amazonian Clay 12 Hour Full Coverage Foundation SPF 15 that was released earlier this year, exclusively on QVC can rejoice!
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By Isabella Muse on 4 Comments
Of course, like any good geek I can never ever think of Puttin' on the Ritz without thinking of that famous scene from Young Frankenstein.
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By Isabella Muse on 6 Comments
Apologies I feel like I'm rehashing alot of what I posted yesterday. I mentioned the Stila Jewel Eyeshadows yesterday but only had one picture to share. Being a beauty junkie myself I naturally assume everyone wants to see and drool over other images. Yay? Nay?
Take a look!
By Isabella Muse on Leave a Comment
I know I posted about this yesterday but just wanted to update you on the new Stila Stay All Day HD Beauty Balm aka Stila BB Cream. It looks like Ulta is claiming it as an exclusive but I suspect by Summer it'll be available everywhere but don't quote me there.
I still don't have a ton of info but here's some updated details I do have.
It's $38, available in one shade, and claims to be the typical all-in-one BB Cream that reduces fines lines while perfecting skin and brightening it.
I think the fact that it comes in one shade definitely bodes well for the product as most traditional Asian BB Creams are available in one to two shades at most.
I already ordered it so expect a review soon.
Available now at Ulta.com
I'm definitely curious about this one and as I suspected BB Creams are a prominent part of Spring 2012.


text:
The Social Engineer Podcast crew comes back together to discuss 2015 and what we can expect to see in the world of Social Engineering and Security. Jan 12, 2015
Ep. 064 – The Official John Mcafee – Social Engineer
John Mcafee has certainly been in the news over the last year or two. Now he joins the Social-Engineer Podcast crew and discusses his thoughts on social engineering and how Continue Reading >
Ep. 063 – Winning the SECTF – The Schmooze Operators
Each year the SECTF at DEF CON grows in popularity and this past year was no different. Join us with the dynamic duo that won DEF CON 22's SECTF competition Continue Reading >
Ep. 062 – Propaganda, Influence and the Social Engineer
Jorina von Zimmermann graduated from University College London (UCL) with a Master degree in Social Cognition in 2012. A year later she started her PhD in the department of Experimental Continue Reading >
Ep. 061 – Krebs on Social-Engineer.Org
Brian Krebs is an investigative reporter that has uncovered credit card rings, hacker groups and reports on major breaches – now he is joining the SE PODCAST crew to discuss Continue Reading >
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Kurumba Maldives was the country's first private island resort and, having pioneed tourism to the islands for nearly 40 years, it has remained on of the finest.
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Fitch Affirms NVR's IDR at 'BBB+'; Outlook Stable Business Wire NEW YORK -- June 26, 2013 Fitch Ratings has affirmed the ratings for NVR, Inc. (NYSE: NVR), including the company's Issuer Default Rating (IDR) at 'BBB+'. The Rating Outlook is Stable. A complete list of rating actions follows at the end of this release. KEY RATING DRIVERS The rating and Outlook for NVR reflect the strong credit protection measures, solid free cash flow generation and balance sheet liquidity that results from its unique operating model. The ratings also reflect NVR's capacity to withstand a meaningful housing downturn and manage effectively in an often challenging housing environment. The cyclical nature of homebuilding is reflected in the ratings as are NVR's relatively heavy exposure to Washington D.C. and Baltimore markets. Fitch also takes into account NVR's track record through the past few recessions, and its, at times, active share repurchase program. The rating also considers NVR's capital structure, solid liquidity position and Fitch's level of confidence with regard to its operating model under various economic conditions. Debt to EBITDA of 1.75x and proforma EBITDA to interest expense (assuming full year of interest expense) of 14.2x and extensive liquidity (cash and equivalents) are supportive of the 'BBB+' rating level. Fitch expects these credit metrics will improve slightly during 2013. THE INDUSTRY Housing metrics all showed improvement so far in 2013. For the first five months of the year, single-family housing starts improved 23.6% and existing home sales expanded 11%. New home sales increased 29.2% during the January-May period in 2013. The most recent Freddie Mac 30-year interest rate was 3.93%, 62 bps above the all-time low of 3.31% set the week of Nov. 21, 2012. The NAHB's latest existing home affordability index was 183.1, short of the all-time high of 207.3. Fitch's housing estimates for 2013 are as follows: single-family starts are forecast to grow 18.3% to 633,000 while multifamily starts expand about 19% to 292,000; single-family new home sales should increase approximately 22% to 448,000 as existing home sales advance 7.5% to 5.01 million. Average single-family new home prices (as measured by the Census Bureau), which dropped 1.8% in 2011, increased 8.7% in 2012. Median home prices expanded 2.4% in 2011 and grew 7.9% in 2012. Average and median home prices should improve approximately 5.0% and 4.0%, respectively, in 2013. Challenges (although somewhat muted) remain, including continued relatively high levels of delinquencies, potential for short-term acceleration in foreclosures, and consequent meaningful distressed sales, and restrictive credit qualification standards. OPERATING MODEL NVR utilizes an operating model in which land is primarily controlled through rolling options with fixed deposits sourced from independent land developers. Land is not purchased until construction is set to begin. As a consequence, NVR occasionally may be able to participate in land appreciation, while minimizing capital outlays. This enables NVR to significantly reduce the risk of downside volatility. On a limited basis NVR has acquired several raw parcels of land to be developed into finished lots. Additionally, the company has also obtained finished lots using joint ventures. This does not represent a change in NVR's disciplined approach in controlling finished lots through options, but is representative of several unique strategic opportunities. Over 75% of NVR's inventory is represented by relatively liquid pre-sold work in process that is less vulnerable to significant declines in value in periods of economic stress. In a downturn, write-downs would primarily be limited to forfeiture of option deposits, a fraction of total land value (typically 5% - 10%). Alternatively, NVR seeks to renegotiate option contracts to realign the proposed land purchase price with prevailing market conditions, thereby averting severe gross margin compression. On the contrary, NVR's gross margins may lag some of its peers during this housing recovery as most of the large public builders started to rebuild their land positions during 2010 and are delivering homes currently that have favorable land cost basis, including land that was impaired during the downturn. NVR's just in time operating model necessitates that the company pays current market value for the land in its delivery pipeline. NVR's short-dated inventory position turns over rapidly (about four-to-five times), enhancing operating cash flow. NVR's inventory turnover ratios are consistently and considerably higher than those of its peers. Because of its operating model, NVR is reliant on third party land developers to prepare finished lots and sell them under option to NVR. This strategy may restrict growth only to markets where such a strategy is viable. However, NVR has expanded its strategy to six new markets over the past five years. By establishing a significant presence in its markets, NVR positions itself as the preferred land purchaser and forges relationships with key local developers. Fitch believes that, if options were to become unattainable in NVR's markets, bondholders would be well protected due to the strong cash flow dynamics of NVR's model. Without land reinvestment requirements, NVR produces significant cash with which to retire its debt. For the latest-twelve-month (LTM) period ending March 31, 2013, cash flow from operations totaled $95.5 million. This compares with $264.4 million of cash flow from operations during 2012. Fitch currently projects cash flow from operations will be in the $150 million - $200 million range during 2013. SHARE REPURCHASES NVR has historically been an aggressive purchaser of its stock, buying back approximately $3.1 billion of its stock from 2001 through 2007. From fourth quarter-2007 (4Q'07) through 1Q'10, NVR refrained from buying its stock. NVR resumed share repurchase activity later in 2010 buying $417.1 million. The company repurchased $689.3 million of stock in 2011 and $227.3 million during 2012. NVR did not repurchase stock during the 1Q'13. As of March 31, 2013, the company had $392.6 million remaining under its share repurchase authorization program. Fitch currently projects share repurchases during 2013 will be somewhat similar to 2012 levels. Fitch expects NVR will remain disciplined in its share repurchase activity in the period ahead, especially while the housing recovery remains relatively fragile. LIQUIDITY NVR ended 1Q'13 with $1.08 billion of unrestricted cash and cash equivalents and $600 million of debt. Effective Oct. 27, 2010, NVR voluntarily terminated its $300 million unsecured revolving credit facility, which was scheduled to mature on Dec. 6, 2010. Fitch expects NVR to re-establish a credit facility at some point. However, Fitch anticipates that the company will keep more cash on the balance sheet than in the past. RATING SENSITIVITIES Future ratings and Outlooks will be influenced by broad housing market trends as well as company specific activity, such as trends in land and development spending, general inventory levels, speculative inventory activity (including the impact of high cancellation rates on such activity), gross and net new order activity, debt levels, free cash flow trends and uses, and the company's cash position. Fitch currently does not expect the company's ratings and/or Outlook to change in the next 12 - 18 months. However, a Positive Outlook may be considered if the recovery in housing is significantly better than Fitch's current outlook and the company is able to demonstrate that it can sustain, over the intermediate term, credit metrics that are meaningfully better than Fitch's current expectations, while continuing to maintain a solid liquidity position. Negative rating actions could occur if the recovery in housing dissipates and NVR maintains an overly aggressive share repurchase program and/or diverges meaningfully from its land operating model. This could lead to consistent and significant negative quarterly cash flow from operations and meaningfully diminished liquidity position (below $300 million). Fitch has affirmed NVR's ratings as follows: --Issuer Default Rating at 'BBB+'; --Senior unsecured debt at 'BBB+'. The Rating Outlook is Stable. Additional information is available at 'www.fitchratings.com'. Applicable Criteria and Related Research: --'Corporate Rating Methodology' (Aug. 8, 2012); --'Liquidity Considerations for Corporate Issuers' (June 12, 2007. Applicable Criteria and Related Research: Corporate Rating Methodology http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=684460 Liquidity Considerations for Corporate Issuers http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=328666 Additional Disclosure Solicitation Status http://www.fitchratings.com/gws/en/disclosure/solicitation?pr_id=794683 ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE. Contact: Fitch Ratings Primary Analyst Robert Curran Managing Director +1-212-908-0515 Fitch Ratings, Inc. One State Street Plaza New York, NY 10004 or Secondary Analyst Robert Rulla, CPA Director +1-312-606-2311 or Committee Chairperson Megan Neuburger Senior Director +1-212-908-0501 or Media Relations: Sandro Scenga, New York, +1 212-908-0278 Email: email@example.com
Fitch Affirms NVR's IDR at 'BBB+'; Outlook Stable
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