text:
- Tribeca Point
Tribeca Point Parking
Tribeca Pointe is a 42 story luxury rental tower with spectacular waterfront views. This prime location puts you within easy access to many great parks and playgrounds, as well as fine dining and high-end shopping. Residents are graced with an abundance of amenities, including a gym/fitness center, children's playroom/space, roof deck/terrace, valet, and solarium. While Tribeca Pointe offers a great deal to their residence, they do not provide parking. Parking nearby is very limited and quite expensive, but you can save both time and money by using SpotHero. We have numerous convenient parking options near Tribeca Pointe. You will love our discounted monthly parking plans, as well as our great daily rates. Say goodbye to those full lot woes, because when you reserve with SpotHero, your parking is always guaranteed. Use SpotHero now to search for and reserve affordable Tribeca Pointe parking,


text:
UCLA's rally cry for Saturday's victory over California was "Burn the Boats," a reference to a war story in which generals, invading by boat, told their troops that they had to succeed or die because the boats would be burned and there would be no way to retreat.
The win-or-die mentality worked. UCLA, with injured players all wearing shirts adorned with "BTB" in large block letters, dominated both sides of the ball in a 31-14 victory.
"You had to get the job done or that was it," coach Rick Neuheisel said Sunday during his weekly conference call with reporters. "That was the idea. And that's where our football team was."
Neuheisel said he came up with the idea to have the injured players wear the shirts. The "BTB" writing was so large that it was conspicuous to anyone watching on television or even in the stands. Lots of guesses circulated about the meaning, such as "Back to Basics" or "Beat the Bears," but it turns out it was far more inspirational than that. Neuheisel hopes it will continue to be.
"I reminded them today that the boats are still burned," he said.
Other highlights from the call:
Even though Saturday's game against Arizona State will be for first place in the Pac-12 South, UCLA will not be talking about that this week. They were in a similar situation going into their Oct. 20 game at Arizona and talked openly about trying to get into first place, but were embarrassed, 48-12. "Our mindset needs to be on what we do rather than what might or might not be and certainly we learned that lesson the hard way," Neuheisel said. "If you are thinking ahead and hoping for things that are the prizes, then you're thinking about the wrong thing. You've got to focus on the task and if you take care of the task then the rest will take care of itself. Nobody to blame but me for talking about it. But I'm not going to make that mistake again."
Receivers Taylor Embree, Shaquelle Evans, Ricky Marvray and Randall Carroll will return form their one-game suspensions this week, making the scout team less talented and putting Jerry Rice Jr. in limbo. Rice made his collegiate debut and had two catches for 17 yards, but with the influx of regulars coming back, Rice could be headed back to the scout team. "We're closer to full strength and we'll go back to how we do things," Neuheisel said. "But certainly with Jerry Rice there is that much more confidence in what he can do and there will be no hesitation to put him in if we need him."
Playing against Arizona State means playing against linebacker Vontaze Burfict, one of the most punishing hitters in the nation, but that does not necessarily mean that UCLA will go back to trying to keep quarterback Kevin Prince out of harm's way. Prince rushed 19 times for 163 yards against California, a risky strategy for an injury-prone quarterback, but one Neuheisel says UCLA will needs to employ in order to be successful. "We know for our offense to be effective, we've got to have a quarterback threat," Neuheisel said. "[Burfict] is obviously a hugely talented player and very fast from sideline to sideline and that has to be taken into account as you are designing your plays. But if you can get somebody on him, then you have a chance."
Wade Yandall made his debut on the offensive line against California, starting at guard because Albert Cid was suspended for the first half. But Yandall played so well that he remained in the game even when Cid was eligible to come back. Now, the position will be up for grabs in practice, as will the other guard spot because Chris Ward is due back from an ankle injury that kept him out against Cal and will challenge Greg Capella. "It'll be nice to have that kind of competition inside to make us better," Neuheisel said.
Leading receiver Nelson Rosario left the California game after he twisted his ankle on a reception midway through the third quarter and he did not return. Neuheisel said Rosario was OK. "Nelson will be fine," Neuheisel said. "He was tender with the ankle, but more of the issue last night was cramping."
Jeff Locke was crucial to UCLA's victory against Cal, punting four times inside the 20-yard line and twice pinning Cal inside the five to give UCLA a field position edge. Even more impressive was that he played most of the game with an injured shoulder after a collision early in the second quarter. "I don't think it was a significant thing that will keep him out of action, but he responded in big fashion," Neuheisel said. It did, however, prevent him from attempting a long field goal after a UCLA drive stalled at the California 35 with UCLA clinging to a 17-14 lead midway through the third quarter. Locke, who also serves as the long field-goal kicker, said he didn't feel up to kicking, but came on and buried a punt at the California five-yard line. "Jeff didn't feel like he could kick," Neuheisel said. "Punting he felt much better, but he didn't feel like he could make a long field goal, it made that decision much easier."

subset: commoncrawl


text: Blanquette de veau This classic French stew is made from veal, mushrooms, and onions. The stew is first simmered in a white stock, then served in a velouté sauce finished with egg yolk and cream. Retrieved from "http://recipes.wikia.com/wiki/Blanquette_de_veau?oldid=616847" Ad blocker interference detected! Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers Wikia is not accessible if you've made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected. Categories: French Food Glossary Add category Cancel Save


text:
84 Kings Boulevard, Sparta 49345
See more homes for sale in Sparta, MI
This property has been Sold!
06/24/2016 at $108,000
This nice 2 bedroom 1 bath ranch home has 1304 sq. ft plus an additional 168 sq. ft of screened in porch off the kitchen and garage. An updated large kitchen with lots of cupboards and work space, a huge pantry, informal and formal dining areas, hardwood floors under the carpets in the living room, hallway and bedrooms, gas log fireplace, all appliances including the washer and dryer and a two stall attached garage. The furnace and hot water heater are newer and the roof is approximately 10 years old.
Property Information
- Status
- Sold
- Address
- 84 Kings Boulevard
- City
- Sparta
- Zip
- 49345
- County
- Kent
- Township
- Sparta Vllg
- Possession
- Immediate
- Total Finished SqFt
- 1,304
- Above Grade SqFt
- 1,304
- Garage Desc.
- 2, Attached
- Water
- Public
- Sewer
- Public
- Year Built
- 1950
- Taxes
- $1,459
Rooms and Land
- MasterBedroom
- 11X13 1st Floor
- Bedroom2
- 11X12 1st Floor
- Dining
- 12X12 1st Floor
- FormalDining
- 12X14 1st Floor
- Kitchen
- 10X12 1st Floor
- Laundry
- Lower Floor
- Living
- 14X19 1st Floor
- Other
- Basement
- Full Basement
- Cooling
- Central
- Heating
- Forced Air, Natural Gas
- Acreage
- 0.18
- Lot Dimensions
- 130x60
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Fireplace Desc.
- Gas Log, Living
- Features
- All Window Treatments, Attic Fan, Garage Door Opener, Laminate Floor, Water Softener/Owned
- Exterior Materials
- Wood
- Exterior Features
- Scrn Porch
Listing Video for 84 Kings Boulevard, Sparta MI 49345
Mortgage Calculator
Listing Broker
Listing Courtesy of Coldwell Banker Woodland Schmidt Grand Haven
Office Address 506 S Beacon Blvd
Listing Agent Sandra K Rezny
Listings last updated: . Some properties that appear for sale on this web site may subsequently have been sold and may no longer be available.
Our Michigan real estate agents can answer all of your questions about 84 Kings Boulevard, Sparta MI 49345. Real Estate One, Max Broock Realtors, and J&J Realtors are part of the Real Estate One Family of Companies and dominate the Sparta, Michigan real estate market. To sell or buy a home in Sparta, Michigan, contact our real estate agents as we know the Sparta, Michigan real estate market better than anyone with over 100 years of experience in Sparta, Michigan real estate for sale.
The data relating to real estate for sale on this web site appears in part from the IDX programs of our Multiple Listing Services. Real Estate listings held by brokerage firms other than Real Estate One includes the name and address of the listing broker where available.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright© 2017 MichRIC LLC, All rights reserved.


text:
I'd be very grateful for a little help. I'm trying to extract the hours:minutes close time of the previous bar.
Looking at the help here https://docs.mql4.com/convert/timetostring, I think I need something like this:
HrsMinsTime TimeToString( datetime LastMarketCloseTime, int mode=TIME_MINUTES );
HrsMinsTime is the variable to store the hh:mm extracted value
LastMarketCloseTime is the variable to store the datetime value of the close of the previous bar (elapsed time since 00:00 a.m. of 1 January, 1970)
However, this just gives me compilation errors, so its wrong!
Suggestions would be most welcome! Thanks.


text:
Big News Regarding Jermie Calhoun
Jermie Calhoun was recently named the top player in Texas in the pre-evaluation Texas Top 100. For the past month, the talk among Texas Longhorn fans has been centered on whether or not this stud running back would receive an offer at Texas' upcoming junior day. Is Calhoun still attending UT's second junior day this weekend?
Jarvis Humphrey Names Favorite
Cedar Hill's Jarvis Humphrey is arguably the top defensive tackle prospect in the state of Texas this year. He plays hard on every play and has tremendous power off the line. Humphrey already has 11 scholarship offers but is stilling waiting on his favorite to offer.
Poehlmann: The Next Great Brenham Commit
Brenham High School has produced at least nine quality Division I prospects from the classes of 2007 and 2008. The Longhorns have taken notice, recently signing Brandon Collins and Ahmard Howard and picking up early commitments from Luke Poehlmann and Ryan Roberson. Poehlmann talked about his commitment to Texas.
Inside the Class of '07: Ian Harris
The 6th in a daily series of interviews and photo essays on members of the Longhorn Class of '07: tight end Ian Harris.
Durant focusing on Horns and Big 12, not NBA and USA Basketball
Austin American-Statesman
Kevin Durant is determined that nothing will detour his concentration from its most important target in basketball: winning games. Preview: Texas Tech at Texas
Austin American-Statesman
Knight blasts NBA draft rule
Dallas Morning News
Texas Tech coach Bob Knight blasted the NBA rule that forbids high school seniors from declaring for the league's draft.
Durant settling into a zone
San Antonio Express-News
Kevin Durant insists he's not wearing out during the latter stages of his freshman season. But Texas' first-year phenom will look to turn around a recent mini-slump when the Longhorns face Texas Tech tonight at the Erwin Center.
UT's Atchley just putting it together
Fort Worth Star-Telegram
As Texas Tech prepared for tonight's rematch against Texas, it's unlikely the Red Raiders had forgotten about Kevin Durant's performance in their getting-to-know-you meeting three weeks ago. Durant exploded for 37 points and 23 rebounds in Lubbock as the Longhorns stunned Tech 76-64 in the game after the Raiders' consecutive victories over Kansas and Texas A&M.
Texas freshman had 'only' 20, 21 in last two games
Houston Chronicle
Texas coach Rick Barnes smiled when asked a few weeks ago what Texas A&M did to stop Kevin Durant. It wasn't the typical 30-point game that had become the norm for Texas' freshman phenom, but Durant walked out of Reed Arena with 28 points and 15 rebounds against one of the nation's stingiest defenses. "That's not a bad night for some people," Barnes said. "It wasn't a great night for him."
Atchley puts in big effort
Daily Texan
Some of his best performances have come when he hasn't touched the ball much. Lately, Texas forward Connor Atchley has proven he's not so bad with the ball either. As the Longhorns host Texas Tech tonight at the Erwin Center, the sophomore is coming off his best game - statistically - of his college career. Atchley scored 15 points and grabbed eight rebounds in 26 minutes of action against Baylor on Saturday.
Longhorns home as UFCU Disch-Falk opens
Austin American-Statesman
They're back in Austin. After spending the first three weeks of the season at The Dell Diamond in Round Rock, the Texas Longhorns are back home, ready to break in the partially-renovated UFCU Disch-Falk Field.
Longhorns baseball notebook
Austin American-Statesman
Garrido takes wins one at a time
Daily Texan
Augie Garrido knows better than to look in the wins column just yet. The Texas coach has been around the game long enough to know that winning two games during a weekend series doesn't necessarily mean anything - even against a team as good as Stanford.
Alabama clarifies duties for Applewhite, Steele
Dallas Morning News
Alabama said that former Texas quarterback Major Applewhite will serve as the Tide's offensive coordinator and quarterbacks coach.
Inside Texas Blog Archive
Inside Texas
Inside Scoop
Inside Texas
Bevo Beat
Austin American-Statesman
Recruiting Blog
Dallas Morning News
Longhorns Blog
Houston Chronicle


text: You'll never know what you'll get when you don't have a 5-man premade team. A few weeks ago, my brother, my friend's friend and I wanted to play some League. We were depressed because we lost 3 games in a row. Josh (my friend's friend) decided to go "Screw this. I'm playing AD Kennen." Once the champions we locked in, we knew that it would be a fun game. Why? Even though we were playing with people we didn't know, our team consisted of Ionians. I was Akali (Blood Moon is da best), my brother Chris played Udyr, Josh was, of course, Kennen, and the random two people were Ahri and Master Yi. Kennen took top, Ahri went mid, Yi went into the jungle, and Udyr laned with me. Oh, did I mention that my brother does not trust turtle stance? He rarely uses it, yet he fared pretty well in the lane. He waited in the brush, stunned the enemy Pantheon and I took care of the rest. AD Kennen dominated the Rumble at top. Josh was thrilled when he found out that his Q could now proc red buff. Our ganking was phenomenal, too! Can you imagine an Ahri, Akali, Kennen, Master Yi, and Udyr all rushing straight at you? It's not a pleasant sight. Gap closers and hastes everywhere! Josh got his Bloodthirsters, Chris became our tank, and I played good ol' AP Akali, bursting down those squishies in seconds. Yi and I got fed and we destroyed the entire enemy team on our own. Josh simply found his stuns to be a convenience. It gave him more time to auto-attack. The good thing about AD Kennen was that he was able to get full stacks on his Bloodthirster and he could destroy towers almost as fast as Yi. We got Baron, we aced the enemy team, and we destroyed an entire lane in a matter of seconds. I wish I recorded the video, because it's more fun if I could show you guys instead of telling you. Regardless, one of my best games as Akali ever. In the end, we all shouted "FOR IONIA!" and did our /l commands around their Nexus. So yeah, Ionia FTW. Felt like telling someone about it. :P


text:
Product Type:
Aqua - M3 - Bivvy Mozzi System
The Armo M3 built for comfort and speed the long standing no compromise year round shelter has just been improved for the coming season a new era of comfort has landed in the shape of the M3, we have kept all of the high spec design features from last year and made it better. This year we took the standard Aquatexx and made it better not because we had to but because we wanted to raise the bar how only market leaders can.
Along with the new improved Aquatexx we have added a rear vent to aid circulation on those balmy nights. Also featured this year for the first time is panoramic vision provided by smaller door and window strips meaning more mesh and a more complete view of the lake? Another first is you will no longer need to purchase anything extra the M3 will come in a heavy duty carry all complete with T pegs tension strap and window not to mention a brand new tension bar system featuring interlocking precision moulded nylon fittings.
• Aquatexx material
• Mozzi door and window panels
• 3 rib system
• 2 break pole system
• Full removable infill panel
• Removable peak
• Heavy duty groundsheet
• Heavy duty pegs supplied
• 140 cm (h) 225 cm (d) 245 cm (w)
valuation moyenne de l'article:
(il y a
pas de
Des évaluations d'article avant)
Partagez votre expérience avec d'autres clients
Prix promotionnels: 799,90 €
seulement 449,00 €
seulement 179,90 €
seulement 139,90 €
seulement 699,00 €
seulement 539,00 €
Déclaration sur la protection des données
Modes de paiement:
Newsletter S'abonner
Les sections les plus populaires:
Les termes les plus recherchés:
Les dernières histoires dans le blog:


text: One of life's most exciting adventures is finding that special someone and sharing a life together. Capture that sentiment in your wedding favors with Kate Aspen's "Our Adventure Begins" Vintage Map Tealight Holder. This candle favor is perfect for guests who want to take home a piece of your special day. Features and facts:


text: Alain Moussi is a stunt double for Josh Helman in X-Men: Days of Future Past. Retrieved from "http://marvel-movies.wikia.com/wiki/Alain_Moussi?oldid=135110" Ad blocker interference detected! Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers Wikia is not accessible if you've made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected. Categories: X-Men crew Stunts crew


text:
Free shipping on all orders above $30 in the USARadha Points
Please call us:1-800-379-0602
Our 4 oz Peppermint Oil is an exquisitely refreshing essential oil that contains menthol and menthone—the compounds that give this oil such a minty, pungent scent—to effectively calm and soothe pain or anxiety. Its wide range of uses and invigorating fragrance make peppermint oil a must-have for essential oil collectors.*
What is does:
Peppermint oil is used as a medicinal or calming aroma, as well as treatment for a wide variety of bodily organs. It can be helpful in reducing muscle pain and relieving anxiety. It can also be used to naturally freshen up a room or for other household purposes.*For effective results and maximum absorption to the skin, use with a carrier oil.**
Ideal for:
*Individual results may vary.
We ensure high quality, 100% pure oils that are suitable for all skin types, with no additives or fillers.
We provide the products you LOVE with a 100% money back guarantee. If you are not 100% satisfied, we guarantee a full refund while providing the products as a gift to you, on us!
What to do next:
Click on the "Add To Cart Button" and get your 100% Pure Radha Peppermint Oil today!
**A carrier oil is a natural way to boost absorption and therapeutic properties of other topical oils. Never waste a drop when pairing with high-absorbency carrier oils! We provide high quality carrier oils and recommend to use with our versatile fractionated coconut oil.
LOVE, LOVE, LOVE Radha's products! I currently use Rosehip Oil, Dead Sea Mud Mask, Retinol Moisturizer Cream, and Vitamin C Serum. The quality of these products is top-notch and I've been extremely satisfied with my purchases! I will be replacing my current products with Radha's!
WHY can't there be more than 5 stars?? I absolutely LOVE Radha Beauty's Diffuser!! All in all an amazing little machine and even though it is so simple, it does so much! I highly highly recommend this and it would even be good as a gift to somebody who has everything!
I honestly wish I knew this product sooner in my life. Radha Beauty's Vitamin C serum is literally a miracle in a bottle! Great quality ingredients! I saw results right after my first time. If you're still reluctant on buying... don't wait. I will DEFINITELY order more.
BEST UNDER EYE PRODUCT YOU CAN BUY!! I've spent A LOT of money on beauty products...and based on the reviews I ordered Radha Beauty's Eye Gel. It is by far the BEST product for under eye bags I've ever used. I'm ordering one for everyone of my friends who is struggling with this. There is not a better product for the money. The moment you apply it, it starts to work. Love this product!!


text:
Princess Livingston
BiographyQueens, New York, USA
Princess Livingston was born on August 10, 1900 in Queens, New York, USA. She was an actress, known for Beyond the Valley of the Dolls (1970), Mudhoney (1965) and Pufnstuf (1970). She died on October 29, 1976 in Los Angeles County, California, USA. Read more... <


text:
Skip to comments.Quote of the Week (ConsumerFreedom.com)
Posted on 09/22/2009 12:53:49 AM PDT by Still Thinking
We've covered a multitude of arguments against soda taxes. Speaking recently at the Rotary Club of Atlanta, Coca-Cola CEO Muhtar Kent gave his own take (and perhaps the pithiest argument yet):
"I have never seen it work where a government tells people what to eat and what to drink. If it worked, the Soviet Union would still be around."
Today, Investor's Business Daily noted the significance behind the quote:
Muhtar Kent knows a thing or two about guts. His father was a Turkish diplomat who in 1943 risked his life physically intervening to save 80 Turkish Jews, as cattle cars railroaded them from Marseille to a Nazi concentration camp.
So when your father has defied the Gestapo, maybe standing up to Uncle Sam is a piece of cake. With the president considering a tax on sodas and other non-diet soft drinks to fund Congress' designs on the health care system, and to try to reduce obesity, the Coke chairman refused to go flat.
Coca Cola is probably one of the few companies to really outperform in this market. A tax on it would be stupid, but then again I don't really like that public schools sell this stuff.
Yeah, me either, but I don't think they have any business regulating what the kids can bring for their own consumption, which some schools do try to do. I was raised to think that a soda was an occasional treat, not all that good for you, but if you have one once a week or so with a burger or taco, it's fun and won't kill you. As a result I probably drink two sodas a month. The parents need to be teaching the kids, rather than the schools teaching them that a village of busybodies is what's needed.
If people let government decide what foods they eat and
what medicines they take, their bodies will soon be in
as sorry a state as are the souls of those who live under
Thomas Jefferson (1743 - 1826)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.


text:
1707 Four Mile Church Road Ball Ground, GA 30107
Gently rolling, wooded acreage zoned for residential use. Over 18 acres of land located close to Gibbs Gardens, Yellow Creek, and Crystle Falls Lake and Golf Club. Property borders Four Mile Creek Road and Harley Trail. At least 5 acres of Pasture-No out buildings.
- Listing Status Active
- Neighborhood None
- County Pickens
- Sale Type Normal sale
- Elementary Harmony / Pickens / Pickens County, GA
- Middle
- High Pickens County / Pickens / Pickens County, GA
Listing provided courtesy of KELLER WILLIAMS COMMUNITY PTNR. Listing data displayed on this page comes from the Broker Reciprocity program of Georgia MLS. This information is considerd reliable but is not guaranteed.
Look Promising?
Want to schedule a showing? Have any questions? We're experts and ready to help!
Call us anytime at 404-965-4080
Listings identified with the FMLS IDX logo come from FMLS, are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. ©2014 First Multiple Listing Service, Inc.
© 2014 North East Georgia MLS. the information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose web site is being visited.


text:
Mad Science Lab...Enter If You DARE! June 17th or 18th for ages 8-12
Springville Public Library
Tuesday, June 17, 2014 at 9:30 AM - Wednesday, June 18, 2014 at 12:30 PM (MST)
Who's Going
San Francisco, California
London, United Kingdom
Florence, Italy
Event Details
BYU Chemists are coming to show you how cool science can be! Tuesday June 17th at 9:30, 10:30 or 11:30. Wednesday June 18th at 10:30 or 11:30. Online sign-up is required, but we will not be checking tickets at the 8-12 year old programs.
Each program lasts about one hour. Parents don't need to attend with their 8-12 year old kids. If your child wants to attend the 9:30 program, we only let kids in at 9:30. Parents cannot enter the library until it opens at 10:00am.
When & Where
Springville Public Library
45 S Main St
Tuesday, June 17, 2014 at 9:30 AM - Wednesday, June 18, 2014 at 12:30 PM (MST)
Add to my calendar
Springville Public Library
Transforming lives through a world of knowledge, discovery and imagination.


text:
Cotswold Oak Vertical Slat Dining Chair
MULTI-BUY 2 for £150
Collect From Store
Home Delivery
We offer a hassle free home delivery guarantee*. We will arrange with you a suitable delivery time, deliver to a room of your choice and dispose of the packaging. *Exclusions apply
Currently: Product in stock 10 or more available
- Well-built Cotswold dining chair
- Oak Construction
- Ideal for dining tables
- Suited to the Cotswold range
- Vertical slats
- Comfortable padded seat
- Dimensions - width 45cm x depth 53 cm x height 105cm
- Flat packed furniture - assembley required
Explore more of our Cotswold range and create the home you've always wanted. We have a huge variety of furniture in stock. Have a query or can't find something you're looking for? We receive new deliveries of Furniture every week, so if the product you wish to purchase is currently out of stock, please contact our Customer Services Team and we may be able to reserve the items you require. This product is delivered using a one man delivery service.
Key features:
Well-built Cotswold dining chair
Oak Construction
Ideal for dining tables
Suited to the Cotswold range
Vertical slats
Comfortable padded seat
Dimensions - width 45cm x depth 53 cm x height 105cm
Flat packed furniture - assembley required
1x Cotswold Oak Vertical Slat Dining Chair
Sorry, no reviews are available as this moment
Complete the look:
Explore Our Other Ranges


text:
Kaoiro Japanese Emoticon Stamps
Emoticons, better known as 'kaomoji' in Japan is used regularly as a supplementary form of expression to the standard Japanese language. While rubber stamps and inking pads are usually used for dating and labeling purposes, these rubber stamps here have been cleverly turned into kaomoji stamping devices!
From the wide range of available characters, one is able to produce combinations of more than 2,000 Japanese kaomoji expressions! Definitely great for adding cute Japanese emoticons to birthday cards for friends and more. $51, buy from Japan Trend Shop.
- Emoticon/kaomoji face expression stamp
- 7 belts and 20 symbols combine for over 2000 possible kaomoji/emoticons
- Size: 34 x 27 x 100mm (1.3 x 1.1 x 3.9")
- Materials: rubber, wood, and steel
- Handmade, so actual unit may differ slightly from photos
- Handle color: white or black


text:
Company Description
Sage is the market leader for integrated accounting, payroll and payment systems, supporting the ambition of the world's entrepreneurs. Sage began as a small business in the UK 35 years ago and over 13000 colleagues now support millions of entrepreneurs across 23 countries as they power the global economy. In a world where only the voices of the biggest are heard, we will always fight to hear the voice of the entrepreneur.
Job Title: Office Admin
Job Description
The Office Administrator will organize and supervise all of the administrative activities that facilitate the smooth running of the Sage West Africa Office, reporting to the Regional Director Sage West Africa
The main tasks and responsibilities include but are not limited to assisting in the setting up and the on-going administration of the following in line with the Sage West African Office.
Job Qualification
BA, BSc, HND
Job Location
Job Category
Admin, Secretariat, Graduates
Method of Application
Share this job now with your friends on Facebook, Twitter, Linkedin......Latest, most current jobs in Nigeria
Monday, 2 May 2016
Subscribe to: Post Comments (Atom)


text:
Fifth Third Bancorp (NASDAQ:FITB)
Q1 2014 Results Earnings Conference Call
April 17, 2014, 09:30 AM ET
Jim Eglseder - Investor Relations
Kevin T. Kabat - Vice Chairman and CEO
Tayfun Tuzun - EVP and CFO
James C. Leonard - SVP and Treasurer
Jeff Richardson - Director of Investor Relations and Corporate Analysis
Jessica Sara Levi-Ribner - FBR Capital Markets & Co.
Kenneth M. Usdin - Jefferies & Co. LLC
R. Scott Siefers - Sandler O'Neill + Partners L.P.
Erika Najarian - Bank of America Merrill Lynch
Kevin St. Pierre - Sanford Bernstein
Brian Foran - Autonomous Research
Keith Murray - ISI Group Inc.
Good morning, my name is Sally and I will be your conference operator today. At this time I would like to welcome everyone to the Fifth Third Bank First Quarter 2014 Earnings Conference Call.
All lines have been placed on mute to prevent any background noise. After the speakers' remarks there will be a question-and-answer session. (Operator Instructions). Thank you. Mr. Jim Eglseder, Director of Investor Relations, you may begin your conference.
Jim Eglseder
Thank you, Sally. Good morning. Today we'll be talking with you about our first quarter 2014 results.
This call may contain certain forward-looking statements about Fifth Third pertaining to our financial condition, results of operations, plans and objectives. These statements involve certain risks and uncertainties. There are a number of factors that could cause results to differ materially from historical performance in these statements. We've identified some of these factors in our forward-looking cautionary statement at the end of our earnings release and in other materials and we encourage you to review them. Fifth Third undertakes no obligation and would not expect to update any such forward-looking statements after the date of this call.
I'm joined on the call by several people; our CEO, Kevin Kabat and CFO, Tayfun Tuzun; Frank Forrest, Chief Risk Officer; Treasurer, Jamie Leonard and Jeff Richardson, Director of Capital Planning. During the question and answer period please provide your name and that of your firm to the operator. With that I'll turn the call over to Kevin Kabat. Kevin?
Kevin T. Kabat
Thanks, Jim. We reported first quarter net income to common shareholders of $309 million and earnings per diluted share of $0.36. Significant items during the quarter include a $36 million negative valuation on the Vantiv warrant, litigation reserve charges of $51 million and a few other items that Tayfun will cover. These items reduced EPS in the quarter by approximately $0.07. Additionally we recognized charge-offs of about $60 million on three relatively large credit with the higher charge-offs during the quarter expected.
Our credit outlook for the remainder of the year hasn't change absent the impact of these credits. Each of these situations had unique characteristics that led to charge-offs. We don't believe this is indicative of a change in direction of the broader portfolio. Highlights in the quarter included 3% growth in both average core and transaction deposits, year-over-year core deposits were up 8% and transaction deposits were up 9%. For the quarter, average portfolio loans grew 2% sequentially and period end portfolio loans increased $1.1 billion or 1%. Average commercial loan balances were up 3% sequentially, led by C&I growth of 4% over last quarter.
Commercial real estate average balances continued to rebound, driven primarily by construction loans with total commercial real estate balances up 1% sequentially. Excluding mortgage revenues, which continue to decline, fee income results were solid, you know they exhibited some seasonal trends.
I would add that the lower levels of consumer fee income relative to what we expected coming into the quarter exhibited more than the normal seasonal softness, whether it was debit, credit activity, ATM, account household activity in the branches, all were a bit lighter than expected in the first quarter. We still have enough of our footprint in parts of country that were significantly impacted by the severe weather in January and February and we did see activity pickup in March. I don't know that we will ever get that lost activity back, but certainly the March trends continued into April and much more in line with what we've seen historically and supported by solid household growth and other trends resulting from our consumer bank redesign.
Highlights in the quarter were corporate banking fees up 11% sequentially and 6% from a year ago. And also investor advisors had a record quarter, was up 4% sequentially led by solid production from our private banking business and higher trust tax fees. Our private banking business, which is a little under half of that total business line in aggregate showed year-over-year growth of 8% and sequential growth of 11%.
We continue to manage costs in a disciplined manner. Quarterly expenses decreased 4% sequentially, driven primarily by a reduction in total employee cost, so that includes the impact of seasonally higher benefits expense. If you exclude the litigation charges in the quarter, non-interest expenses were approximately $900 million, the lowest level on that basis in several years.
Overall, this was a strong quarter in terms of core controllable expense management. Capital levels remain very strong; our Tier 1 common ratio was 9.5% on a Basel 1 basis and 9.1% pro forma for U.S. Basel III rules. Our ability to generate capital and our strong capital position under current and future capital rules give us the ability to support the balance sheet growth while continuing to return capital to shareholders in a prudent manner.
During the quarter we announced and completed the repurchase of roughly of $100 million of common stock, which completed our 2013 CCAR plans. Also in March we announced our capital plan related to the 2014 CCAR process. That plan included a potential dividend increase during the CCAR period up to $0.13 as well as up to $669 million of share repurchases. We also will be able to utilize any after tax gains from sales of Vantiv shares for additional repurchases.
We think our plan is prudent while still returning significant amounts of capital to shareholders, we believe that our stressed results demonstrate our robust capacity withstand stressed conditions and maintain a strong capital position. While there was a bit of noise in the quarter we expect to return to previous charge-off trends although results maybe lumpy from time-to-time. Regulatory and litigation costs in this environment are challenging but we would not expect them to remain at this level and we feel good about our investment in Vantiv. Although as a mark-to-market instrument, our warrant will likely continue to add some volatility to reported results.
Core operating results were otherwise generally strong and as Tayfun will discuss, we currently expect second quarter results to return to trend. I will turn it over to him now to discuss the operating results in more detail and give some comments about our outlook. Tayfun?
Tayfun Tuzun
Thank you, Kevin and good morning and thank you for joining us. I will start with the financial summary on page four of the presentation. There were a number of moving parts through the quarter which Kevin mentioned in his remarks.
EPS was affected by elevated litigation reserve charges as well as the mark on the Vantiv warrant which have been mostly upward in the past couple of years. We have reported net income to common shareholders of $309 million or $0.36 per diluted share. The negative Vantiv warrant valuation mark of $36 million and seasonal declines in some fee items drove the non-interest income lower compared with last quarter. Expenses were well controlled despite the seasonal increase in benefits expense and reflected the impacts of further efficiencies in our mortgage and retail businesses.
Commercial loan and core deposit growth were solid and in line with our expectations. We continue to believe that our underlying trends and our focus on executing our strategic plan, position us very well for the remainder of the year.
Turning to the average balance sheet on page five of the presentation. Average earning assets increased 1% sequentially, driven by higher loan balances and investments. Total average commercial loans grew $1.7 billion or 3% with good production in middle market C&I, commercial real estate and our other specialty lending business including healthcare.
Average balances also benefitted from a 1% uptick in line utilization during the quarter to 30%. On the consumer side held-for-investment loan balances were flat on a linked-quarter basis, with growth in residential mortgage, credit card and auto loan offset by lower home equity balances. Investment securities increased by $2 billion or 11% reflecting our incremental purchases of highly liquid assets.
Turning to deposits, average core deposits increased by $2.2 billion or 3% in the first quarter, driven primarily by average balance growth. This was due to growth in checking balances as well as new money market account relationships and longer duration retail CDs.
Taking a look at NII on page six of the presentation; as expected, taxable equivalent net interest income decreased $7 million sequentially to $898 million, driven by a $12 million negative impact from two fewer days in the quarter. Otherwise the net addition of about $2.1 billion of investment securities and commercial loan growth drove a sequential increase in net interest income. These benefits offset the negative effects of loan re-pricing, higher deposit balances and debt issuances from the last two quarters. These activities were generally consistent with our plans coming into the quarter and we feel we've made very good progress toward exceeding the CR limit.
We will likely continue with similar actions over the course of the year which may affect the NIM somewhat, but they should not affect NII. As we expected in our outlook in January the net interest margin came in relatively stable at 322 basis points, up 1 basis point from the fourth quarter. The benefits of lower cash balances held at the fed, day count and the full quarter impact of the fourth quarter TruPS redemption offset by the effects of loan re-pricing and recent debt issuances.
Shifting to fees on page seven of the presentation. First quarter non-interest income was $564 million compared with $703 million last quarter. The most significant impact sequentially was the Vantiv warrant valuation, which experienced a $127 million swing from the fourth quarter primarily due to the 7% decline in Vantiv share price.
Despite this quarter's decline Vantiv's share price has increased 48% since the beginning of 2012 and we have recorded $171 million in positive valuation adjustments on our warrants during that period. Seasonally lower deposit service charges and card and processing revenue as well as lower mortgage banking revenue, each reduced fee income in the quarter.
Mortgage originations were $1.7 billion this quarter, compared with $2.6 billion in originations last quarter. The gain on sale revenue declined $19 million from the prior quarter, reflecting lower origination and gain on sale margins which declined 22 basis points sequentially to $242 basis points. MSR valuation adjustments, including hedges were at positive $28 million in the fourth quarter compared with the positive $26 million last quarter.
Other highlights of the quarter included an 11% increase in corporate banking revenue and a 4% increase in investment advisory revenues to a record $102 million driven by seasonal tax preparation fees, growth in personal assets under management and higher market values.
On a year-over-year basis all the main fee categories showed growth other than mortgage. Our operating platform is strong and we've demonstrated great versatility in managing our fee generating businesses, which is a very good indicator of our ability to successfully transition from periods of peak mortgage activity.
Non-interest expense show on page eight of the presentation was $950 million this quarter, compared with $989 million in the fourth quarter. Expense reserve included $51 million in litigation reserve charges, a seasonal $24 million increase in FICA and unemployment tax expense and 4 million in severance expense. Adjusting for these items and seasonal increases, expenses declined 5% compared with the fourth quarter. Compensation-related expense declined 7% sequentially marginally due to two key drivers.
We continue to rationalize our mortgage business line in line with lower production levels. Since the second quarter of 2013 we've taken out $55 million of mortgage cost including an additional $5 million in the first quarter. In addition to mortgage the changes in the retail banking environment, our investments in and the success of our digital platforms and our strategic decisions on branch design and staffing have enabled us to enhance our services while also reducing branch cost which are down $29 million on our full year run rate basis since the first quarter of 2013 primarily due to lower FTE cost.
We've made a lot of progress. We are in a very good competitive position relative to our peers and we believe that there is more opportunity as we continue to evolve our structure. All in PPNR shown page nine of the presentation was $507 million. When adjusted for the items noted on the slide PPNR was $590 million down about 5% from the fourth quarter adjusted PPNR. This decline was primarily driven by the seasonal increase in FICA and unemployment tax expense. Adjusted for this seasonal uptick PPNR was $640 million. The efficiency ratio adjusted on the same basis was 60% for the quarter we still expect our efficiency ratio to decline below 60% during the second half of the year.
Turning to credit results on page 10 and starting with charge-offs. Total net charge-off of $168 million increased $20 million sequentially. Consumer net charge-offs decline $7 million. As Kevin mentioned first quarter commercial charge-offs included three larger credits that added $60 million for the quarter. These credits represent three unique sets of circumstances and I'll spend a few moments on each. They do not share geographic characteristics and they were not leveraged or syndicated credit.
Each contributed about $20 million in losses during the quarter, the remainder of our losses were more typical and range from 0 to $7 million. The first of these credits was a letter of credit that was extended to a public entity a number of years ago. Deterioration in its financial situation led to the outcome. We have no other public entities exposure of this size and nature. And there is no change in our expectations for the rest of this portfolio.
The second credit was an exposure to a company where there is currently an investigation on the way regarding potential financial irregularities. We need to wait until our analysis is complete but once again our credit team believes that the nature of the disruption is unique to this transaction.
The third credit was to the company that recently lost key contracts which had a negative impact on its financial performance and subsequently led to default on our loan. Although the higher than anticipated losses this quarter have the effect of increasing our expected charge-offs for the full year we've not seen a change in the broader credit trends in our portfolio. As a result our outlook for charge-offs for the remainder of the year has not changed.
In terms of our other credit trends commercial early stage delinquencies, HFI asset levels and NPA all declined relative to the fourth quarter. Total delinquencies of $337 million declined $42 million or 11% and included only $10 million of commercial loans.
Looking across the page non-performing assets of $946 million at quarter-end were down $34 million or 4% from the fourth quarter. The improvement was due to a $25 million sequential decline in commercial real estate NPA and a $22 million decline in residential mortgage NPAs partially offset by a $14 million increase in C&I loans.
Reserve coverage remains solid at 1.65% of loans and leases. The allowance for loan and lease losses declined $99 million sequentially reflecting the portfolio's overall risk profile and charges to the allowance.
Page 11 of the presentation includes a roll forward of non-performing loans. Commercial inflows in the first quarter were $163 million up $56 million from the fourth quarter largely driven by inflows from the credits I discussed earlier. Consumer inflows for the quarter were $93 million down $72 million sequentially reflecting the fourth quarter change in our home equity non-accrual policy.
Turning to capital on slide 12, capital levels continued to be well above the regulatory requirements with tier one common equity ratio of 9.5% up 12 basis point from last quarter. Changes in capital ratios reflected growth retained earnings beyond the impact of dividend and share repurchase activity.
We completed the repurchases related to our 2013 capital requirement in the first quarter. Repurchases in 2013 and the first quarter of 2014 totaled 73 million shares including those related to after tax gains on the sale of Vantiv shares. Our repurchases have driven significant decline in our fully diluted share count, down over 100 million shares or 10% from their peak while at the same time maintaining common equity capital ratios significantly above regulatory units.
The Federal Reserves 2014 CCAR review is complete and we received no objection to our capital plan. We believe our results demonstrate the relative strength of our capital position and our ability to absorb significant stress. Given our capacity for internal capital generation we would expect to continue to prudently return additional capital to shareholders under our 2014 CCAR plan.
Now turning to the outlook page on page 13, we've updated parts of the slide to reflect any changes to our full year expectations but in general our first quarter results did not have a significant impact other than on charge-offs as I already mentioned. I would note that as in the past comparisons with 2013 exclude the impact of any gains on Vantiv share sales and changes in warrant value in 2014 and 2013 as indicated in the footnote on the slide.
Our NII, NIM and balance sheet expectations are unchanged from our January guidance, so I'll start with net interest income. We expect full year 2014 NII to increase from full year 2013 NII of $3.6 billion in the 2% growth range. The key drivers of the 2014 growth are loan growth and higher investment security balances partially offset by increased funding costs and some additional loans that have come under pressure.
We still expect NII to trend up throughout the year. We anticipate a full year NIM in the 315 basis point range plus or minus and again unchanged from the January guidance as we continue to add LCR friendly portfolio investments and see loan spread compression.
Turning to loan growth, we still expect mid-single digit growth for the full year average, primarily driven by continued growth in C&I as well as growth in commercial real estate. These increases will be partially offset by declines in residential mortgage balances and continued run off in the home equity portfolio. We expect both commercial and consumer deposits to increase.
Moving on to overall fee income and expense expectations for 2014, as a reminder these comparisons exclude $534 million in 2013 fee income related to gains on Vantiv sale and changes in the warrant value. Our 2014 guidance likewise excludes any effects from Vantiv events other than our normal recurring income. Overall, we currently expect a mid to high single digit decline in total fee income in 2014 compared with adjusted fee income in 2013, primarily reflecting a forecast reduction in mortgage banking revenue of about $325 million. The forecasted reduction in mortgage revenue is about $50 million more than we expected in January, primarily reflecting continued softening in originations and the impact of our decision to exit the brokerage channel that we announced in March.
Excluding mortgage we expect fees to grow in the mid-single digits range in aggregate versus 2013 with growth in all other fee categories. Looking at the details within fees; we expect to see mid-single digit percentage growth in deposit fees. We brought our expectations a down a bit reflecting a moderation in both consumer and commercial service charges.
We continue expect investment advisory revenue growth in the 10% range, corporate banking revenue growth in the mid-teens range and card and processing revenue growth in the mid-to-high single digits range. And lastly, as I mentioned, we currently expect mortgage banking revenue to decline about $325 million from 2013. We currently expect originations and gain-on-sale revenues to be fairly consistent throughout the last three quarters of the year.
Turning to expenses, we expect full year non-interest expense to be down in the mid-single digits relative to reported 2013 expenses. I'd note that we've been managing our expenses very carefully and given the revised outlook in some of our fee categories we would also expect to revisit expenses [inaudible] on a large base so it does not change on the macro percentage guidance. We will continue to manage expenses carefully and aggressively in line with revenue results in that economic environment.
Overall we still expect to achieve positive core operating leverage in 2014 excluding Vantiv. And we expect PPNR growth mostly into this range for the year. And importantly we still expect the efficiency ratio to move below 60% in the second half of the year. As for taxes we expect the full year 2014 effective tax rate to be in 27% to 27.5% range.
Turning to credits, we've adjusted our outlook for full year net charge-offs upward by about $60 million to reflect the elevation in first quarter charge-offs. That translates to about 50 basis points for the year. There was no meaningful change otherwise to our outlook for the last three quarters of the year as we continue to see improvements in overall credit quality metrics including non-performing and criticized assets. We still expect a significant decline in NPAs down about 15% from last year levels and for the NPA ratio to move solidly below 1% during the year.
With respect to loan loss reserves we continue to expect the benefit of improvement in credit reserves to be partially offset by new reserves related to loan growth.
Finally a housekeeping note. The segment reporting that we provide on page 34 of the earnings release reflects a reorganization of our business banking unit which primarily impacted the commercial and branch banking segment this quarter. This change was also applied retrospectively to our segment reporting and is reflected in all periods presented.
In summary the strong fundamental progress in our business was obscured to some extent this quarter. However with strong momentum in our core businesses and our ability to make progress in our strategic initiative of generating core PPNR growth in what remains a challenging environment for banking institutions. We're improving efficiencies while investing in our business and we believe we remain well positioned as we progress through the year.
That wraps up my remarks. Sally can you open the line for questions please.
Question-and-Answer Session
(Operator Instructions). Your first question comes from the line of Paul Miller with FBR. Your line is now open.
Jessica Sara Levi-Ribner - FBR Capital Markets & Co.
Hey, good morning. This is Jessica Ribner for Paul. How are you?
Kevin T. Kabat
Good. How are you?
Jessica Sara Levi-Ribner - FBR Capital Markets & Co.
Good, thanks. Just a couple of questions. The first is how much more room do you think you guys have reserve releases in the coming quarters given that you're at a 165 basis points reserve ratio?
Tayfun Tuzun
Yeah, in general we've not provided forward-looking guidance on reserves other than saying that in 2014 our reserves are likely to be lower than in 2013 and we will probably stick to that guidance. We have a very solid ratio at 165 and we feel very comfortable with the credit profile of our balance sheet. And in that respect we would still expect that number to go down. But beyond that in this environment it is difficult to provide a more precise outlook for reserves.
Jessica Sara Levi-Ribner - FBR Capital Markets & Co.
Okay, thank you. And then just one question on the mortgage banking side, I know you mentioned during the call that you don't expect to see a pickup above last year or even to last year's level but what are you seeing in the spring buying season, is it encouraging for the rest of the year?
Kevin T. Kabat
It is too early to tell. We clearly are now entering the high season and coming out of a very cold winter in our footprint in the Midwest. It's early to tell but so far I think originations are moving along as expected.
Jessica Sara Levi-Ribner - FBR Capital Markets & Co.
Okay. Thank you very much.
Kevin T. Kabat
You're welcome.
Your next question comes from the line of Ken Usdin with Jefferies. Your line is open.
Kenneth M. Usdin - Jefferies & Co. LLC
Thanks, good morning. Tayfun I was wondering on the expense side when you guys talk about the outlook you are working on for the last year's reported. So if I look at $950 million of reported expenses with the $51 million litigation and severance and the $24 million seasonal increase I was wondering if you could you level set us on how we should think about the progression after the first quarter, do we start at $875 million and then move from there.
Tayfun Tuzun
Well obviously the first quarter excluding the one-time you just mentioned number is below $900 million, including the $24 million in employee related seasonal numbers. Going forward we probably will be up a little bit but the remainder of the year should fairly -- should be stable, so there we shouldn't see quarter-to-quarter changes relatively though compared to the adjusted number, our expenses will probably inch up.
Kenneth M. Usdin - Jefferies & Co. LLC
And could you talk -- so I just wanted ask you to explain through that, so if you got the seasonal $24 million what would the seasonal $24 million be completely replaced by if you are talking about mortgage continuing to be a little bit soft underneath?
Tayfun Tuzun
Yeah we will -- there is a little bit seasonality in our marketing expense. You will see that in the second and third quarters of the year and beyond that there are really small changes in different line items nothing big quarter-to-quarter, in mortgage just because, our production goes up in the second and third quarter you will see some uptick in base compensation expense probably just for a couple of quarters on the mortgage side towards the end of the year.
Other than that it's really is sort of across the board, there's nothing meaningful in any one line item.
Kenneth M. Usdin - Jefferies & Co. LLC
Okay, and then on the capital side you talked about just always checking to understand forwards versus the approval is that you got on this year's CCAR so how do we think about, how you are thinking about this year in terms of getting through the new approval and any change in your view about continuing to monetize Vantiv.
Kevin T. Kabat
So when you look at our 2013 CCAR plans, what we announced at the beginning of that period and what we executed was very much sub line. So we fully executed our 2013 capital plan. Our expectation is that we will fully execute our 2014 capital plans, as we disclosed in March with $669 million in buybacks and a potential increase in dividend to 13 bps -- $0.13. And those are obviously subject to Board approval and financial conditions. But in general our expectations would be the same as 2013.
With respect to Vantiv we own 25% of the company right now. The company is doing very well but we publicly stated that our long-term strategic goal is not to maintain a large ownership in a publicly traded company and we will execute on that plan. You will likely see sales this year, it's difficult to predict the timing. But what we laid out in our plan last year with respect to our thoughts in Vantiv we will continue to execute this year.
Kenneth M. Usdin - Jefferies & Co. LLC
Okay. Thanks very much.
Kevin T. Kabat
You're welcome.
Your next question comes from the line of Scott Siefers with Sandler O'Neil. Your line is open.
Kevin T. Kabat
Good morning, Scott.
R. Scott Siefers - Sandler O'Neill + Partners L.P.
Good morning, guys. Hey Tayfun I was wondering if you could just speak broadly to commercial pricing dynamics that you are seeing and just as you look at the prospects of additional pressure on the NIM how heavily is it weighted towards pricing issues versus things like continuing to liquidity build and prep of LTI, things of that nature?
Tayfun Tuzun
I will make some general comments and I will turn it over to Jamie to comment on his actions with respect to liquidity. In general the market continues to be competitive. And you've seen that from other peer banks as well. We are now maintaining a very tight discipline around pricing and around credits attached to those pricing levels. And we are likely to see more compression in commercial loans.
As you've seen some comments about pricing in commercial real estate where we play there is a big difference than the long term commercial mortgage product doesn't necessarily fit our balance sheet. We are not completing in that segment where lot of the insurance companies and pension funds appear to have increased their focus. In commercial lending C&I per se we are seeing continued price compression although quarter-over-quarter comparisons in our commercial unit is a bit misleading because we had a couple of moving parts in Q4 to our benefit and couple and as you will see so Jamie you want to comment on how you see this spread compression coming from commercial versus everything else that you are doing in the balance sheet.
James C. Leonard
Sure Tayfun. Scott's it Jamie. The NIM outlook on 2Q as Tayfun mentioned in his prepared remarks we were -- continue to expect the NIM in 2014 of about 315. I think that is where the second quarter should end up and the moving parts there one to two bps of loan yield compression, a couple of bps declined due to day count, and then the remainder being the impact of the additional portfolio leverage and then the funding cost to go along with it. And again I think we've managed the first quarter very effectively. We are pleased with the outcome and being up a bps well continuing to add the portfolio leverage and a lot of that was due to continued discipline in pricings in commercial auto and mortgage.
R. Scott Siefers - Sandler O'Neill + Partners L.P.
Okay. That's perfect thank you very much for the color.
Your next question comes from the line of Matt O'Connor with Deutsche Bank. Your line is open.
Kevin T. Kabat
Morning Matt.
Unidentified Analyst:
Hey yes, it's Dan for Matt. Quick question on the fees with the fee income guidance coming down this quarter in some of that businesses like investment advisory and deposits fees, is that primarily due to a weaker January and February with the weather? Are you seeing activity a bit lower than expected?
Tayfun Tuzun
No, look I mean I think you know we want to make sure that we provide you guys with an updated realistic look. And I clearly the first quarter activity, as Kevin mentioned result in his remark was lower than we expected and whether it was due to weather or something else, at this point we don't want to speculate but we've seen the pick-up in March, we've seen very good household built up in March and in to April here which should be of little bit of a better direction in consumer related fees.
In general our IA business which is primarily focused on private wealth management and brokerage is doing very well, despite the fact that we may have lowered the outlook a little bit that's still is a strong growth business for us.
In corporate banking it's still expected to be up double digits. So those are very strong numbers. We are not changing the tone of our outlook but we felt we had to make some adjustments for what these came in January and February this quarter so far.
Kevin T. Kabat
Said, a little bit differently Dan it's really difficult to tell you whether or not those fees catch up or they simply trend back and we are not going to make the assumption that day we get any kind of catch up from those perspective particularly as it relates to the consumer side of the house is just we don't think that's a reasonable expectation. And that's why to Tayfun's point we've kind of given the guidance that we've given.
Unidentified Analyst:
Got it, thank you.
Your next question comes from the line of Erika Najarian from Bank of America. Your line is open.
Kevin T. Kabat
Good morning, Erika.
Erika Najarian - Bank of America Merrill Lynch
Good morning. My first question is on the efficiency guidance. It's a bit of a two parter. And Tayfun I appreciate the color you gave on breaking the 60% efficiency ratio in the second half of the year. How much of a decline in your litigation reserve accrual play into that guidance? And additionally could you give us a little bit more color in terms of the opportunity you mentioned to evolve the structure? And what that can imply for your efficiency outlook for 2015?
Tayfun Tuzun
Yes, first of all I think adjusting for the litigation reserves and Vantiv our numbers already are pretty close to 60%. So from here on we don't forecast
Be close to 60%. So from here on we don't forecast additional litigation reserves. So my guidance for the efficiency ratio does not include additional litigation reserves and we would not make that forecast. We would not build that into our forecast. But we're confident given the strength in our fee income, our NII increase, 2% year-over-year and the ability to manage the expenses down that we will be able to reach a below 60% efficiency ratio in the second quarter.
With those numbers obviously we have some expected efficiency gains on the retail side this year which we would expect to continue into 2015. We're seeing, as we've shared with you in December and again in February, we're tracking consumer behavior very closely. We've a very close eye on what that means for expenses in our branch system. We would expect that behavior to continue to move in our favor. We've seen that in Q1. We're seeing increased usage of ATM and digital use in transaction volumes. If that trend continues and I should say it is likely to continue to from our perspective we should see increased efficiencies in 2015 in addition to what we're seeing this year.
Erika Najarian - Bank of America Merrill Lynch
Got it.
Kevin T. Kabat
And Erika just one color on that. That's all while still continuing to invest in our top-line, the revenues and our ability to grow the company from that perspective. So we've got a balanced perspective and we're trying to make sure that we do what's best for our shareholders long-term, not just short-term given the environment that we have.
Erika Najarian - Bank of America Merrill Lynch
Got it, and a follow-up question. There has been much talk during this earning season about leverage loans and shared national credits. Could you give us a sense of let's say over the past four quarters how much leverage lending and shared national credits have contributed to your overall C&I growth and perhaps remind us how those credits performed during the last two credit cycles versus third relative to your the rest of your C&I book?
Tayfun Tuzun
Yes. Let me, thanks for asking the question. It's clearly has been discussed in different platforms. First of all I think relying on third-party information to deduct any type of origination levels for individual banks is extremely difficult because what's being published and what's been used to support some of the research is totally based on splitting book running credits without actually looking at how much credit each book runner is keeping from each transaction.
So for example in 2013 if you look at total lead table book runner credit, that's $5.3 billion and that's been associated with us but when we look at actual our total committed levels it's less than half of that amount and when you look at the outstanding it's close to only 25% of those amounts. So you can't -- it's very difficult to start with the top line relying on third-party published numbers and coming out with loans in that -- that hit our balance sheet.
And of that amount just remember the way they define notes, of that amount only a fraction of the $1.3 billion for 2013 is in leveraged loans and that's probably in the mid-teens. So as you sort of peel the onion you will get to a number that is much smaller than what the top line number would indicate. So for the first quarter of 2013 if you were to add up the credits that we were part of as a book runner the gross number would be $2.4 billion. But our committed number total in Q1 was a little less than $700 million and the loans on our books currently is less than half of that, which is $340 million. And it's a smaller amount, a much smaller amount is again in the leverage loans. So one needs to be very careful in terms of interpreting syndicated loans volumes or leverage loan volumes because what they describe as leverage is truly loans that are below investment grade.
Now how do we sort of view syndicated lending within our commercial business? Syndicated lending is an important part of our business. As you know over the last three four years, we've shifting our commercial lending up towards higher end of the corporate volume sector, our investments in healthcare, our investments in the energy sectors and our investments in the mid-corporate sector, they all have moved us up in terms of the size of the borrowers.
So when you look at the borrowers, these are companies with $250 million or higher in revenues, their borrowing needs are going to be larger and clearly no one bank can handle the entire borrowing needs of those institutions. So we end up basically participating in syndications. And the other misnomer a little bit is people look at the agents and volumes and they correlate those with leads where banks are participating heavily in either structuring or underwriting the credit, well again very long our strategy in building up and the size of the borrowers, we also have increased the capacity on the capital market side. And what we are seeing is that in half or even in some quarters close to two-thirds of these transactions we are heavily involved in structuring and syndicating these credits.
So what's happening today is very much in line with what we expected two-three years ago when we ventured into the upgrades in our commercial lending platform and the upgrade in our capital markets platform and we are seeing the results and these are expected results. Today about 39% of our total commercial loans is in syndicated credit, that's the number that we are very comfortable with.
In terms of the credit profile of our syndicated book when you look at the performance of these, what you will see is charge-offs, NPA ratios, non-accruals have got the remainder of the portfolio, the credit grades in this portfolio are better than the credit grades when you look at the broader commercial portfolio that we own. So again what we're trying to do is we're trying to differentiate what it means to be in syndicated lending, the fact that it's part of our strategy and at 39% of commercial loans we're very comfortable where this portfolio is.
Jeff Richardson
Let me just add, this is Jeff. Kind of going back to original question, our leverage portfolio is using the regulatory definitions, it's about $4.8 billion, so less than 10% of our portfolio and why we are also very comfortable.
Kevin T. Kabat
Yes, and that's actually in the slides that we…
Jeff Richardson
Yes, and that has not grown over the last 12 to 15 months. So it has not been really attributable to losses.
Kevin T. Kabat
And while we 're at it, let's clarify one more issue. Our life lending has been talked about quite a bit over the last number of quarters. Our exposure to covenant life lending is less than 1% of our portfolio. So and it's page to pay attention to the details and we're providing this disclosure to make sure that the research out there appropriately reflects our exposures.
Erika Najarian - Bank of America Merrill Lynch
That is a very complete answer. Thank you. Thanks.
Kevin T. Kabat
You're welcome.
Your next question comes from the line of Kevin St. Pierre with Sanford Bernstein. Your line is open.
Kevin St. Pierre - Sanford Bernstein
Good morning. So in the quarter we saw a significant increase in the loans transferred to non-performing, is that related to the three commercial credits?
Kevin T. Kabat
Kevin St. Pierre - Sanford Bernstein
Okay, and then if could just follow up on capital and the CCAR, so 2014 your submission was designed to maintain capital ratios. Do you anticipate a point, be it 2015 you maybe you tell me when we might be able to start managing ratios down to some endpoint target in the eights?
Kevin T. Kabat
That's the question we ask frequently. We get to every year prior to our submission of our CCAR package, we have debates here, we have debates with our peers and everything now, it's hard to forecast that, Kevin. In this environment, the regulators are doing a much better job in terms of communicating with us. Every year this process is getting better. We are learning more about how they view capital management and learning more of the processes we would hope that going forward this process will continue to evolve in a positive direction as we've seen over the last two years.
Kevin St. Pierre - Sanford Bernstein
All right. And may be if you could remind us of your capital deployment priorities obviously this year is dividend and share repurchase but as we get into next year and perhaps ramping up capital return how you would view M&A organic growth, share repurchase, what your priorities might be?
Kevin T. Kabat
Yeah Kevin again I think the forecast for this year is correct and accurate. I am not sure when or if '15 is significant different as we get better ideas, we get later in the year. We can give you a little bit better color on what we anticipate. But I wouldn't expect a lot of significant change in terms of the immediate priority at least as far at this point.
Tayfun Tuzun
I think we've said also that we're not inclined to pilot capital in case may be there is an M&A deal of this nature. We are managing capital in a general range and like any company if an M&A transaction came along then they adjust our capital activity. So anything that we ever did this large we might -- we will probably be issuing shares and if there were small we can manage that through adjusting our share repurchases.
So our priorities are to hold capital in the general range of return and not worry about future M&A.
Kevin T. Kabat
And keep in mind too Kevin again we try to be very transparent in terms of strategy for us but we have an awful lot of what I refer to as off sheet capital as well for use in case something attractive to our shareholders came along for us to purpose.
Kevin St. Pierre - Sanford Bernstein
Great, thank you very much.
Your next question comes from the line of Brian Foran with Autonomous. Your line is open.
Kevin T. Kabat
Good morning, Brian.
Brian Foran - Autonomous Research
Good morning. I guess a few just clarifications on the guidance because we think about the asset base to apply the ROA too I'm just going to streamline my model for two lines. You have been growing faster on assets at least year-over-year on assets just faster than loans held from investment right now, is that going to continue for the whole year given the liquidity build or is the mid-single digit held for investment a roughly good guide for total assets as well.
Tayfun Tuzun
Yeah, I think the way to look at it will be mid-single digit growth on loans, high single digit growth on earning assets and then somewhere in between on total assets would be the right way to model that.
Brian Foran - Autonomous Research
And then on the positive advance product, I apologize if missed it earlier but could you just remind us what the impact is and the pace of that impact as we move through the year?
Tayfun Tuzun
Yeah as we know we are in January, we announced that we no longer are accepting new customers in that line item. We will continue to service existing customers until the end of the year and then we will be out of that product completely at the end for this year.
In terms of the earnings related to the early access product, those are in other consumer longer leases category and the vast majority of that line item belongs to that product. In terms of the outlook as to where that will go this year clearly we've taken out growth from earnings related to that product that we'll continue to earn and our teams are currently working diligently for a substitute product. It's too early to tell what that product is going to look like again how to build the earnings capacity of that product into our outlook.
Brian Foran - Autonomous Research
If I could sneak in one last you referenced the pace of global banking change on a couple of the past calls you've talked about some pilot markets where you are testing out some new branch formats, and new staffing formats, are there any kind of early learning from that, that can help us think about what the framing of the opportunity for 2015 on the branches might be
Kevin T. Kabat
Let me answer the second part of your question first, I think it's a bit early to start building expectations through 2015 but when we look at the pilots, the pilots continue to operate very successfully. And as we've discussed these tests are designed to address the customers' changing behavioral patterns. And we continue to see uptick and their activity through the ATM channel, mobile channel, we continue to see changes in the way our teller lines are being utilized.
We are very excited about how our newly created job definitions are working in addressing the combination of sales activity and the channel activity. So whether it's with respect to the quality of customer service or with respect to the efficiency that's attached to changes we are very encouraged by the signs that we are getting from the test. And we will share with you as the year goes along what our expectations would be with respect to 2015. But we'd like to take a little bit more time to read the tea leaves on this prospect.
Brian Foran - Autonomous Research
Appreciate it, thank you.
Your next question comes from the line of Keith Murray with ISI. Your line is open.
Kevin T. Kabat
Good morning.
Keith Murray - ISI Group Inc.
Good morning. Just a question on the other non-interest income line I know it's felt over the gains sector but if you back out the impacts from Vantiv let's say core number is again $76 million this quarter. If you do it for last quarter we are sort of in the $80 plus million range. If you think about your outlook and folks in our seat trying to model it what's kind of a core or average number you think could you use for other non-interest income?
Kevin T. Kabat
That's line item is a combination of many bits and details, that includes for example our Vantive earnings that includes our rolling income and price holding fees et cetera, it's difficult to say that precisely clear and give you a guidance outlook. But in general I would expect over the next two three quarters, the fourth quarter core numbers probably would approximate what we should expect there.
Keith Murray - ISI Group Inc.
Okay. And then just going back to the LTR on top of obviously the impact to net interest margin et cetera, if you think about it from a cost side and then having to calculate it daily potentially how big of an undertaking as that as far as potential cost and impact on just going forward?
Kevin T. Kabat
I would say it's not as much the cost to calculate it every day as much as it is the challenge that our employee will have to dedicate and have been dedicating months of efforts in managing the data, the field and staging all of this information and then the overall IT infrastructure work that has to occur. We can do it all in house with the systems we have. So it's not a large cost from that perspective. However it's a lot of manpower to do the LCR calculations and obviously having the ability to forecast and factor in the volatility from the different deposits spaces and mixes that you have is really a challenging thing and why everybody is focused on having a buffer to the minimum components level. But it's definitely a lot of work but it shouldn't be a lot of external spend to make that happen.
Keith Murray - ISI Group Inc.
Okay thank you very much.
There are no further questions at this time. Mr. Eglseder, I will turn the call back over to you.
Jim Eglseder
Great, thanks for listening today. I did want to make one clarifying point to our response to a question earlier. I think we mentioned that efficiency ratio would go below 60% in 2Q that's actually two half so that was not intended to be a change from our expectations, just so everyone is clear on that. But otherwise thanks for joining us on the call today, that's all.
This concludes today's conference call. You may now disconnect.
Copyright policy: All transcripts on this site are the copyright of Seeking Alpha. However, we view them as an important resource for bloggers and journalists, and are excited to contribute to the democratization of financial information on the Internet. (Until now investors have had to pay thousands of dollars in subscription fees for transcripts.) So our reproduction policy is as follows: You may quote up to 400 words of any transcript on the condition that you attribute the transcript to Seeking Alpha and either link to the original transcript or to www.SeekingAlpha.com. All other use is prohibited.
If you have any additional questions about our online transcripts, please contact us at: email@example.com. Thank you!


text:
Separate names with a comma.
Discussion in 'Digital Marketing' started by Allens LawnCare, Dec 12, 2008.
Anyone use BlueVoda's free website builder
I drink Blue Vodka all the time. Packet of Cool-Aid rasberry blast in a bottle of 5 o'clock Vodka. Drink it all the time. I'm drinking it right now.
Sorry. No I have not used BlueVoda's web site builder.


text:
Adventure Some Women A Women's Outdoors Community
Adventure Some Women is an online Facebook community geared towards connecting women with other women who all answer the call of the wild. These women are just like you and me. They are mothers, daughters, wives, girlfriends, business owners, professionals, but most importantly they love being out in nature.


text:
Shazam has announced that their music identification service is now available on the Android platform. Coinciding nicely with the UK launch of the T-Mobile G1 - the first mobile phone to run on the open platform - users can identify a song by holding their phone towards a speaker. Once Shazam determines what song it is, users will be given the option to purchase it via Amazon's MP3 store.
In addition, users will be able to connect more fully with various artists. By 'tagging' a song, users will be sent additional information on that artist and will have the option of becoming friends with them via their MySpace page.
Shazam on the Android platform follows the launch of the service on the Apple iPhone, which has already been downloaded by more than 1.5 million users.


text:
Notice: Undefined index: PHPSESSID in /var/www/private/sharedSessionCheck.php on line 5
Just getting the data, please wait...
If your browser is stuck looking at this message for over a minute then something has gone wrong. Try refreshing the page or performing a "Get Everything" on your Update page. If still no joy then send me an email.


text:
Habitat ReStore Plano Moving Opportunity
Cause Areas
WhenIt's flexible! We'll work with your schedule.
Where1400 Summit AveC-3Plano, TX 75074
We need lots of help moving the existing ReStore from 1400 Summit Ave. Plano to 2060 W Spring Creek Parkway, the SE corner of Custer Rd and Spring Creek Parkway.
P/R Marketing, Procurement, Soliciting, help us get the word out and get needed items donated to us.
Build-out Leasehold improvements, teardown existing shelving, move everything to new location, set up and merchandise.
Paint, pack,wrap, tote
Murals, and LOTS more..
VIP party help..April 20th
Grand Opening Sale April 29th
See: Christine Martin 972-424-0791x 5
- Video Production
- Salesforce
- Advertising
- Group Facilitation
- Interactive/Social Media/SEO
- Painting
Good Match For
People 55+ Group
Requirements & Commitment
- Must be at least 18
- Flexible
- Works well with others "team"


text: A backyard kitchen is the best way to turn your house into an entertaining mecca. To illustrate this, we'd like to share one of our recent projects where we built a premium al fresco cooking area for BBQ Island customer Kevin Alexander in Chandler, AZ. Kevin is thrilled with how his new kitchen turned out, and so are we! Take a look and get inspired by what you can do in your own backyard.


text:
AJ Applegate & Brett Rossi – Busted Lesbians Share Boyfriends Dick
Released: November 12, 2016
AJ Applegate had her BFF Brett Rossi over to tan, but a little massage quickly turned into tribbing! AJ's man caught them in the act, but a little blowjob from Brett made him feel better. Pretty soon AJ and Brett were sharing his fat cock!
Size: 899 MB | Duration: 46 min | Video: 1280×720, 2737 kbits/s | Audio: 48000 Hz, 128 kbits/s


text:
'21 Jump Street' Jumped for Joy in Taking Top Position in Weekend Box Office
The plan to reinvent the television "21 Jump Street" into a movie actually worked for Columbia Pictures as audiences flocked to the theaters.
The film opened on top with $35 million domestically and an additional $7 in the foreign markets.
According to Box Office Mojo, the marketing was ideal to establish the movie as a comedy with the likeable actors of Jonah Hill and Channing Tatum as two cops going undercover at a high school. And the film received an 87 percent fresh rating from critics on Rotten Tomatoes.
Lionsgate Films' "Casa De Mi Padre" opened in ninth place with $2.2 million. It was an impressive debut due to the fact it opened only in 382 theaters, a fraction of theaters compared with major films on the market. It averaged $5,759 per theater.
The film starred Will Ferrell, Gael Garcia Bernal and Diego Luna as mock-comedy of Spanish soap operas.
And Paramount Vantage's "Jeff, Who Lives at Home" earned $840,000 for its opening weekend in 254 theaters. The film starred Jason Segel, Ed Helms, Judy Greer and Susan Sarandon in a movie about a slacker spends the day with his brother as he tracks down his possibly adulterous wife.
For the rest of the top five, "Dr. Seuss' The Lorax" fell to second place with $22.8 million, a decrease of 41.3 percent from the previous weekend. The total gross is now over $158 million domestically in three weeks.
"John Carter" dropped one place to third place with $13.5 million, a decrease of 55.2 percent from the previous weekend. The good news is that "John Carter" move is showing good numbers overseas with a total of $126 million. The total worldwide gross is $179 million to this date. But, it still may be just short of breaking even for this $250 million budgeted movie.
It looks like the party is practically over for "Project X." The film grossed $4 million to be in fourth place, but with a steep drop of $64.1 million from the previous weekend.
And in fifth place, "A Thousand Words" earned $3.75 million, a decrease of $39.3 million from the previous weekend.
For next weekend, theater goers are expected to be back in theaters for the anticipated movie "The Hunger Games."
Here is the WEEKEND BOX OFFICE REPORT for March 16-18, 2012:
|21 Jump Street
|$35 million
|Dr. Seuss' The Lorax
|$22.8 million
|John Carter
|$13.5 million
|Project X
|$4 million
|A Thousand Words
|$3.75 million
|Act of Valor
|$3.68 million
|Safe House
|$2.8 million
|Journey 2: The Mysterious Island
|$2.46 million
|Casa De Mi Padre
|$2.2 million
|This Means War
|$2.125 million
Source: BoxOffice.com, Box Office Mojo


text:
Make the best use of Researched information from 700+ peer reviewed, Open Access Journals operated by 50,000+ Editorial Board Members and esteemed reviewers and 1000+ Scientific associations in Medical, Clinical, Pharmaceutical, Engineering, Technology and Management Fields.
Meet Inspiring Speakers and Experts at our 3000+ Global Conferenceseries Events with over 600+ Conferences, 1200+ Symposiums and 1200+ Workshops on Medical, Pharma, Engineering, Science, Technology and Business
Conference Series LLC brings great value to Physics conferences which implement the dominating standards around the world and creating the journey into the future, moving from traditional conferences to energetic conference.
Physics is a natural science based on experiments, measurements and mathematical analysis with the purpose of finding quantitative physical laws for everything around the world. Broadly speaking, physics is the scientific analysis of nature itself, with a goal of understanding how the universe behaves and it is about this that those involved often do get genuinely excited. Physics deals with a wide variety of disciplines such as mechanics, thermodynamics, electromagnetism and optics.
Conference Series LLC through its premier Physics conferences gives tremendous KT by determining the extent to which the Conference will meet future needs.
Conference Series LLC Physics conferences hope a longer-term giving out goal that can be established as a platform that goes beyond many centuries. The past reports of our Physics conferences show that helps in gathering several industry experts in a short period of time enabling them to evaluate the latest technologies that can potentially help grow their business and making the world a better place providing open doors to students' career by enriching the ways of thinking, making wiser and better people.
International Conference on Photonics 2017 Photonics conferences paves a platform to globalize the research by installing a dialogue between industries and academic organizations and knowledge transfer from research to industry. Photonics 2017 aims in proclaim knowledge and share new ideas amongst the professionals, industrialists and students from research areas of Photonics and all the related disciplines to share their research experiences and indulge in interactive discussions and special sessions at the event.Photonics will feature on different tracks covering both theoretical and practical aspects. We welcome to join us in Milan and present their work on new methods or technologies, advanced prototypes, systems, tools and techniques.
World Congress on Lasers and Optics: Laser Optics 2017 aims to provide a vehicle for the publication of a broad range of high quality research and review papers in those fields of scientific and engineering research appertaining to the development and application of the technology of optics and lasers. The conference emphasizes optical engineering and applications of laser technology, applied physics and showcase latest developments in a wide range of laser and Optics areas.
2nd International Conference on Rheology and Fluid Mechanics
International Conference on Physics
3rd International Conference on Theoretical and Condensed Matter Physics
2nd International Conference on Astrophysics and Particle Physics
2nd International Conference on Atomic and Nuclear Physics
International Conference on High Energy Physics


text:
How to make front page a static page?
Please help I have a website http://www.testingenviroment.com/megaservices/ and I am using a paid theme that I feel must have a bug i.e I have gone into my wordpress vontrol panel and set the home page to be a static page (home TEST) it makes this the static homepage but the actual content from my (home TEST) page is not returned as it returns the themes defult home page content.
How can I fix this to return the content from my page I have made the static front home page (home TEST)?? is there something I can add to the css please please help????
[duplicate – continue with the original topic http://wordpress.org/support/topic/how-to-set-static-front-page?replies=2 ]
- The topic 'How to make front page a static page?' is closed to new replies.


text: 11/13/12 11/13/12 POPSUGAR Celebrity Breaking Dawn Part 2 Breaking Dawn Part 2 Premiere Afterparty Pictures Robert and Kristen Go Casual For Fun Breaking Dawn Afterparty November 13, 2012 by Molly Goodson 110 Shares Chat with us on Facebook Messenger. Learn what's trending across POPSUGAR. View on One Page Photo 4 of 19 Start Slideshow ADVERTISEMENT () Share This Link Copy What's Your Reaction? Thanks for your reaction Don't forget to share this with your friends! ← Use Arrows Keys → 4 Previous Next Breaking Dawn Part 2Taylor LautnerRobert PattinsonKristen StewartNikki Reed


text:
Subscribe to HELLO! and save up to 40%Subscribe
Tuesday April 5, 2011
Next year will mark the Queen's Diamond Jubilee.
And the monarch intends to celebrate her 60 years on the throne in style, leading a flotilla of 1,000 boats along the Thames in June 2012.
The flotilla – the largest ever to be assembled on the Thames – will begin in Putney at 2.30pm and arrive at Tower Bride 90 minutes later.
London Mayor Boris Johnson spoke to reporters at City Hall about his delight over the event.
"I cannot conceive of a more fitting celebration of Her Majesty's 60 years on the throne than a majestic flotilla of vessels winding their way along the iconic River Thames and showcasing our proud maritime history," he said.
Fireworks, music and special effects will accompany the seven-and-a-half-mile long flotilla as it ebbs its way downstream.
Royal commentator Dickie Arbiter has also voiced his approval: "Using the Thames as a focal point… is fantastic.
"You can get a million people outside Buckingham Palace, but they would stretch back as far as Trafalgar Square.
"This way everyone will have a great view of the Queen's barge."
Photo: © Rex
All the latest news, photos and more from the famous couple...
The latest news and pictures of the Hollywood actor
The latest news and pictures of the British actor and star of The Theory of Everything


text:
The Environmental Protection Agency proposed the first-ever national standards for mercury and other air pollutants this past Wednesday. The proposed standards are targeted specifically at coal fired power plants. It is believed that the new regulations would dramatically improve public health; they can prevent 17,000 premature deaths from lung diseases, such as mesothelioma. Additionally, the standards will help to prevent a staggering 11,000 heart attacks and 120,000 cases of childhood asthma.
EPA Administrator Lisa Jackson affirmed this belief, issuing a statement claiming:
"With the help of existing technologies, we will be able to take reasonable steps that will provide dramatic protections to our children and loved ones, preventing premature deaths, heart attacks, and asthma attacks"
These new standards are possibly the result of recent pressure put on the EPA from the Republicans and select Democrats in Congress, who strongly believe the agency is severely hurting the economy with its rigid regulations. These lawmakers have mainly targeted the EPA's climate rules, though the agency's mercury standards have come under fire as well.
Opponents of the bill claim that the standards would impose major economic burdens to manufacturers. They believe that these expenses may be passed on to consumers, who will face higher electricity bills. Senator James Inhofe from Oklahoma, a critic of the EPA, has since introduced legislation that requires a formal review of the proposed regulations. He claims:
"EPA's proposed utility [rule] today could, by itself, shut down up to 20 percent of America's coal-fired power capacity," he said. "When you add in all of the rules and regulations from EPA's cap-and-trade agenda, the outlook for jobs and economic growth looks dire."
The agencies mercury standards were also met with significant push-back from organizations that represent power plants. Scott Segal, the director of the Electric Reliability Coordinating Council, described the standards as "one of the most expensive rules in the history of the agency."
The technology currently exists to make this environmental goal a reality. By just installing the regulating systems, power plants would effectively be able to lower a slew of harmful emissions. President Obama issued an executive order this past January mandating that federal agencies make sure their regulations are cost effective and not overly burdensome. The EPA was said to have strictly followed the president's guidelines when crafting the standards. In fact, they claim that their standards are so cost-effective that for every $1 spent, the public will see $13 in benefits.
If the proposed standards pass, the public will surely see the increased health benefits. Thousands will live longer, and even more will breathe easier. Toxic mercury will be reduced from bodies of water and as a result, fish will be safer to eat. Thousands upon thousands of people die annually from lung disease; and with the mesothelioma life expectancy lasting no longer than 14 months, the potential health benefits are enormous. With fewer illnesses, there will be fewer expenses due to hospital and doctor visits as well. The money saved from collateral costs will undoubtedly outweigh any additional electricity costs, plus the environment will hugely benefit from cleaner air.