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The FTSE 100 index rallied 249 points yesterday! I like these 2 stocks that caught the surge

first_img “This Stock Could Be Like Buying Amazon in 1997” The FTSE 100 index rallied 249 points yesterday! I like these 2 stocks that caught the surge I’ve been starting off several articles recently flagging the volatility we’re seeing on the FTSE 100 index at the moment. Yesterday was a perfect example of this. The index gained around 4.3% in a single day. This was put down to some positive results coming out from the US about a successful vaccine trial. Markets were further helped by the Federal Reserve Chairman, who offered some upbeat projections for the US economy. Even though this news is coming from across the pond from our American cousins, stock markets around the world are correlated. So the FTSE 100 index reacted well to the news from the US. Markets throughout Europe and beyond also posted gains. Amidst all this, there were some standout performers.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Come fly with usOne firm that was an obvious winner yesterday was easyJet (LSE: EZY). As I write, the share price is up over 10% so far this week, largely driven by market sentiment. Rival Ryanair also saw its shares rally by a similar amount. This despite reporting expectations of a £175m loss for the first quarter!Obviously, any effective vaccine would enable governments to not only ease, but completely remove, lockdown measures and travel bans. So for easyJet, it would mean more people could fly, which would boost revenues quicker than currently projected.Remember, a lot of pessimism has been priced-in to the share. It has a P/E ratio of just over 6, and a price-to-book ratio of 0.76. The latter ratio highlights that the market currently values the firm at less than the intrinsic value (assets etc) of the business. So from here, there’s plenty of room for the share price to move higher without it flashing red as being overbought.Keeping connectedVodafone (LSE: VOD) is another firm that gained from the general positive momentum yesterday. I think some of this is being carried over from last week, with the news that Vodafone is still going to pay a dividend to investors. Given the many FTSE 100 giants that have cut dividends, this news is very welcome. Naturally, if you’re an income-seeking investor, Vodafone might suddenly have become top of your buy list. It currently has a dividend yield of 6.39%, so higher than the FTSE 100 average.Aside from the good news on the dividend, recent trading updates said that Vodafone shouldn’t see a material downturn in earnings this year. Profit is expected to be flat or slightly down, but not falling off a cliff. Add to this a solid 2019/20 financial year to March, when the business grew revenues by 3%, and I can see why investors are feeling positive on the stock.Further gains ahead for the FTSE 100 index?Given the positive sentiment, there’s nothing stopping the FTSE 100 index moving higher throughout this week. If we see this continuing, I’d once again expect to see the sectors most sensitive to the virus outperforming.  See all posts by Jonathan Smith Jonathan Smith | Tuesday, 19th May, 2020 | More on: EZJ VOD Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Jonathan Smith and The Motley Fool UK have no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shareslast_img read more

Read More The FTSE 100 index rallied 249 points yesterday! I like these 2 stocks that caught the surge

FT Seasonal Appeal open for applications until 10 April

first_img Melanie May | 3 April 2019 | News Tagged with: media newspaper  327 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis The FT’s 2019/20 Seasonal Appeal, which supports one charity, highlighting its work and asking FT readers to donate to help it continue its activities, is open until 10 April.All charities must have a global remit and should be registered with charitable status in the UK and US.To be considered, charities should:Have an international scopeHave a particular focus on on-the-ground work, rather than researchBe innovative, trustworthy and honest in their approachDemonstrate evidence of impact in their chosen field and explain how they evaluate their workBe able to generate compelling news stories and features that have relevance to an FT audienceIllustrate how they will build and promote the appeal amongst their supportersBe able to prove that they have strong governance, financial and accountability structures. Charities will be asked to supply financial information from the last two years and their financial viability will be assessed.The Seasonal Appeal Committee will also consider entries from social enterprises with explicit social aims.Applications opened in February and close on 10 April. Interviews will take place from 29 April-22 May with shortlisted charities, with FT staff voting on 3 June, and the winning charity partner announced on 30 June.Previous FT appeal partners have included 2018/19’s Habitat for Humanity, Alzheimer’s Research UK – for which it raised over £600,000 in 2017/18, Medecins Sans Frontieres (MSF)/Doctors Without Borders, Stop the Traffik, and International Rescue Committee. More information on entry criteria is available via the FT site.  326 total views,  2 views today Advertisement About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via FT Seasonal Appeal open for applications until 10 Aprillast_img read more

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Episode 229 – CFB Week 12, NFL Week 11 Preview

first_imgFacebook Twitter ReddIt Twitter Facebook Previous articleHoroscope: November 21, 2020Next articleVolleyball shows fight, falls in nail-biter to Iowa State Jack Wallace RELATED ARTICLESMORE FROM AUTHOR 2020/21 NFL Exit Interviews – NFC West + posts printJack and Noah preview the college football Week 12 and NFL Week 11 action, as well as some MLS Cup Playoff and Thursday Night Football updates. Follow us @BlanketCovPod on Twitter and @blanketcoveragepodcast on Instagram for more news and updates! Jack Wallace Jack Wallace TCU News Now 4/28/2021 2020/21 NFL Exit Interviews – NFC East Linkedin 2021 NFL Mock Draft (Part 1) Special Linkedin Jack Wallace TAGSBasketballblanket coveragefootballjack wallacemlsmls cup playoffsnbaNBA DraftNFLnoah parkerpodcastsport news ReddIt 2020/21 NFL Exit Interviews – NFC West 2021 NFL Mock Draft (Part 1) Special Fort Worth’s first community fridge program helps serve vulnerable neighborhoods Jack Wallace Jack Wallace Jack is a junior journalism major and studio art minor from Atlanta, Georgia. He enjoys everything sports and co-runs the Blanket Coverage podcast as well as photographs for TCU360.last_img read more

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Wave of arrests of BlackBerry Messenger users

first_img Organisation RSF joins Middle East and North Africa coalition to combat digital surveillance Receive email alerts United Arab EmiratesMiddle East – North Africa The Emirati authorities have been harassing and arresting users of BlackBerry Messenger (BBM) who allegedly tried to organise a protest against an increase in the price of gasoline (one of the highest in the Arab world). The protest was eventually called off. BBM user Badr Ali Saiwad Al Dhohori, an 18-year-old resident of Ras Al Khaimah, has reportedly been held in Abu Dhabi since 15 July. The authorities were able to trace the organiser, known as “Saud,” because he included his BlackBerry PIN in a BBM message he sent calling for the protest. They held Saud for a week and interrogated him to trace those he had been messaging. Accused of inciting opposition to the government, he has lost his job. At least five other members of the group have reportedly been summoned by the police or are still being sought.“We call for an end to this government witch-hunt against BlackBerry Messenger users who tried to get their fellow citizens to join them in a protest,” Reporters Without Borders said. “These young people did nothing bad. At first they planned a peaceful demonstration but they ended up calling it off because they did not want to break the law. They must not be made to pay for the government’s dispute with BlackBerry’s services, which it cannot control as it would like.”The press freedom organisation added: “Because they cannot decipher BlackBerry’s encrypted data and thereby gain access to its clients’ personal data, the security forces have decided to intimidate users in order to combat their potential for disseminating information. These summonses must stop. Al Dhohori and others potentially held at the moment in relation to this case must be freed without delay.”Any demonstration in the United Arab Emirates requires a special permit from the security forces which is extremely hard to obtain.The arrests come at a time when the authorities have been make increasing hostile comments about BlackBerry, accusing it of providing services that could cause security problems. News July 29, 2010 – Updated on January 20, 2016 Wave of arrests of BlackBerry Messenger users Help by sharing this information June 8, 2021 Find out more News Follow the news on United Arab Emiratescenter_img to go further News United Arab EmiratesMiddle East – North Africa April 28, 2021 Find out more NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say News RSF_en RSF joins other NGOs in amicus brief in WhatsApp suit against NSO Group December 23, 2020 Find out morelast_img read more

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Musical benefits OC student scholarships

first_img Pinterest Facebook WhatsApp Pinterest Facebook Local News Previous articleGUEST VIEW: If Manafort is guilty of acting as foreign agent, so is Hillary and the DNCNext articleEvents, displays for all admin Globe Theater logo.jpg center_img “The Last Five Years” ticketsThe Globe of the Great Southwest, 2308 Shakespeare Road, has scheduled the musical “The Last Five Years” by Jason Robert Brown at 7:30 p.m. May 18-19 and 2 p.m. May 20.Proceeds will go towards scholarships for Odessa College students.Go online for tickets. Twitter Musical benefits OC student scholarships Twitter WhatsApp By admin – May 11, 2018 last_img read more

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Concerns raised after over a dozen accidents on Derrybeg road in a year

first_img Main Evening News, Sport and Obituaries Tuesday May 25th Twitter Facebook WhatsApp Previous articleOnly urgent medical cases being dealt with at Letterkenny HospitalNext articleMacCumhaill Park named to host Donegal Tyrone in Ulster fixtures draft News Highland Man arrested on suspicion of drugs and criminal property offences in Derry Pinterest RELATED ARTICLESMORE FROM AUTHOR Pinterest Twitter Concerns raised after over a dozen accidents on Derrybeg road in a year By News Highland – October 15, 2014 center_img Google+ 75 positive cases of Covid confirmed in North Google+ WhatsApp Concerns have been raised about a dangerous stretch of road in Gweedore were there has been more than a dozen accidents during the past twelve months.It’s understood that up twenty-five cars have went off the Meenanillar Road in Derrybeg in the past year.Cllrs are concerned that someone could be seriously injured as Derrybeg School and Aras Gweedore old peoples home are situated along the road.Cllr Micheal Cholm Mac Giolla Easpaig says someone could be killed if remedial works are not carried out:Audio Player Up/Down Arrow keys to increase or decrease volume. Homepage BannerNews 365 additional cases of Covid-19 in Republic Further drop in people receiving PUP in Donegal Facebook Gardai continue to investigate Kilmacrennan firelast_img read more

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‘Usually Court Not Required To Examine Merits Of Interpretation Provided In Award By Arbitrator, If Such Interpretation Was Reasonably Possible’: SC [Read Judgment]

first_imgTop Stories’Usually Court Not Required To Examine Merits Of Interpretation Provided In Award By Arbitrator, If Such Interpretation Was Reasonably Possible’: SC [Read Judgment] Mehal Jain14 May 2020 10:25 PMShare This – xIn setting aside an arbitral award, the Supreme Court recently suggested that courts may not examine the merits of the interpretation provided in the award by the arbitrator, unless they were of the view that such an interpretation was reasonably not possible. The Court was faced with the question whether the interpretation provided to the contract in the award of the Tribunal was…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginIn setting aside an arbitral award, the Supreme Court recently suggested that courts may not examine the merits of the interpretation provided in the award by the arbitrator, unless they were of the view that such an interpretation was reasonably not possible. The Court was faced with the question whether the interpretation provided to the contract in the award of the Tribunal was reasonable and fair, so that the same passes the muster under Section 34 of the Arbitration Act.  Delving into the ambit and scope of the court’s jurisdiction under Section 34 of the Arbitration Act (Application for setting aside arbitral award), the bench headed by Justice N. V. Ramana acknowledged that it is a settled position that a Court can set aside the award only on the grounds as provided in the Arbitration Act. “It is also settled law that where two views are possible, the Court cannot interfere in the plausible view taken by the arbitrator supported by reasoning”, stated the bench. However, in the present case, Oil India Ltd. had argued that the view taken by the Arbitral Tribunal was not even a possible interpretation, therefore the award being unreasonable and unfair suffers from perversity. Hence, the respondent had pleaded that the award ought to be set aside. “In this context, we may state that usually the Court is not required to examine the merits of the interpretation provided in the award by the arbitrator, if it comes to a conclusion that such an interpretation was reasonably possible”, clarified the bench Facts of the case The Appellant was awarded the work order pursuant to a tender floated by the Respondent-government enterprise in 1994. The contract agreement was for the purpose of well drilling and other auxiliary operations in Assam. During the subsistence of the contract, the prices of High­ Speed Diesel (“HSD”), one of the essential materials for carrying out the drilling operations, increased. Appellant raised a claim that increase in the price of HSD, an essential component for carrying out the contract triggered the “change in law” clause under the contract (i.e., Clause 23) and the Respondent became liable to reimburse them for the same. The said Clause 23 is entitled ‘Subsequently Enacted Laws’, and reads, “Subsequent to the date of price of Bid Opening if there is a change in or enactment of any law or interpretation of existing law, which results in additional cost/reduction in cost to Contractor on account of the operation under the Contract, the Company/Contractor shall reimburse/pay Contractor/Company for such additional/reduced cost actually incurred”. The Arbitral Tribunal held that while an increase in HSD price through a circular issued under the authority of State or Union is not a “law” in the literal sense, but has the “force of law” and thus falls within the ambit of Clause 23. While the District Court, in a challenge under section 34, upheld the award, the Gauhati High Court, on appeal under section 37 of the Arbitration Act, set aside the award. “I am of the firm view that clause 23 was inserted in the agreement to meet such uncertain and unforeseen eventualities and certainly not for revising a fixed rate of contract. I also find that both parties had agreed to keep ‘force majeure’ clause in the agreement. Under this doctrine of commercial law, a contract agreement can be rescinded for acts of God, etc. Under clause 44.3 of the agreement, ‘force majeure’ has been clearly defined, which includes acts and regulations of the Government to rescind a contract. In this way, clause 23 is very close and akin to the ‘force majeure clause’. Besides this, I may also declare that clause 23 is pari materia to the ‘doctrine of frustration and supervening impossibility’. In other words, under clause 23 rights and obligations of both the parties have been saved due to any change in the existing law or enactment of a new law or on the ground of new interpretation of the existing law”, ruled the High Court. Conclusions of the Apex Court In as much as the High Court suggested that Clause 23 is akin to a force majeure clause, the bench proceeded to discuss “the utility and implications of a force majeure clause”- “Under Indian contract law, the consequences of a force majeure event are provided for under Section 56 of the Contract Act, which states that on the occurrence of an event which renders the performance impossible, the contract becomes void thereafter. When the parties have not provided for what would take place when an event which renders the performance of the contract impossible, then Section 56 of the Contract Act applies. When the act contracted for becomes impossible, then under Section 56, the parties are exempted from further performance and the contract becomes void” The Apex Court continued to observe that the Contract Act had already recognised the harsh consequences of such frustration to some extent and had provided for a limited mechanism to ameliorate the same under Section 65 of the Contract Act, which imposes the Obligation of restitution on the person who has received advantage under the void agreement or the contract that becomes void. The Court also noted that, in the present case, the contract has explicitly recognised force majeure events to include “systems and acts and regulations of the Government of India and other clauses”. “Further, under Clause 22.23, the parties had agreed for a payment of force majeure rate to tide over any force majeure event, which is temporary in nature”, reads the judgment. “Having regards to the law discussed herein, we do not subscribe to either the reasons provided by the Arbitral Tribunal or the High Court. We also do not completely subscribe to the reasoning of the High Court holding that Clause 23 was inserted in furtherance of the doctrine of frustration. Rather, under Indian contract law, the effect of the doctrine of frustration is that it discharges all the parties from future obligations. In order to mitigate the harsh consequences of frustration and to uphold the sanctity of the contract, the parties with their commercial wisdom, chose to mitigate the risk under Clause 23 of the contract”, held the bench. As regards the Arbitral Tribunal, the three-judge bench remarked, “The majority award utilises ‘liberal interpretation rule’ to construe the contract, so that the price escalation of HSD could be brought under the Clause 23 of the contract. Further the Arbitral Tribunal identifies the aforesaid clause to be a ‘Habendum Clause’, wherein the rights granted to the appellant are required to be construed broadly”. The top court reflected that The interpretation of Clause 23 of the Contract by the Arbitral Tribunal, to provide a wide interpretation cannot be accepted, as the thumb rule of interpretation is that the document forming a written contract should be read as a whole and so far as possible as mutually explanatory. “It is important to note that the contract price was payable to the ‘contractor’ for full and proper performance of its contractual obligations. Further, Clauses 14.7 and 14.11 of the Contract states that the rates, terms and conditions were to be in force until the completion or abandonment of the last well being drilled.From the aforesaid discussion, it can be said that the contract was based on a fixed rate. The party, before entering the tender process, entered the contract after mitigating the risk of such an increase”, inferred the bench. “If the purpose of the tender was to limit the risks of price variations, then the interpretation placed by the Arbitral Tribunal cannot be said to be possible one, as it would completely defeat the explicit wordings and purpose of the contract. There is no gainsaying that there will be price fluctuations which a prudent contractor would have taken into margin, while bidding in the tender. Such price fluctuations cannot be brought under Clause 23 unless specific language points to the inclusion”, it ruled. The Supreme Court reached the conclusion that the interpretation of the Arbitral Tribunal to expand the meaning of Clause 23 to include change in rate of HSD is not a possible interpretation of this contract, taking note of the other contractual terms which also suggest that such interpretation of the clause is is perverse- “For instance, Item 1 of List II (Consumables) of Exhibit C (Consolidated Statement of Equipment and Services Furnished by Contractor or Operator for the Onshore Rig Operation), indicates that fuel would be supplied by the contractor, at his expense”. “The existence of such a clause shows that the interpretation of the contract by the Arbitral Tribunal is not a possible interpretation of the contract”, decided the Court.Click Here To Download Judgment[Read Judgment]Next Storylast_img read more

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Lobbying head repeats concern at low registrations in Donegal

first_img Google+ Twitter DL Debate – 24/05/21 Homepage BannerNews RELATED ARTICLESMORE FROM AUTHOR Lobbying head repeats concern at low registrations in Donegal By News Highland – September 18, 2017 News, Sport and Obituaries on Monday May 24th Harps come back to win in Waterford Twitter Facebook Facebookcenter_img Pinterest Google+ Ireland’s first Head of Lobbying Regulation has expressed concern at the low level of registration in Donegal.People communicating with local authorities and public officials are advised to consider whether they need to register lobbying activities, and if so, to do so before September 21st.Donegal has 3.3% of the national population, only 1.3% of those on the lobbying register are from the county.The Head of Ethics and Lobbying Regulation is Sherry Perreault………..Audio Player Up/Down Arrow keys to increase or decrease volume. Journey home will be easier – Paul Hegarty WhatsApp Arranmore progress and potential flagged as population grows Previous articleDonegal man begins Dail ‘hunger strike’ against abortionNext articleFour Donegal projects to share 468k of Leader funding News Highland WhatsApp Important message for people attending LUH’s INR clinic Pinterestlast_img read more

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East Coast continues to get slammed by heavy rain during busy holiday travel period

first_imgABC News(NEW YORK) — A southern storm brought two confirmed tornadoes to Florida, record rainfall in Orlando and damage to Georgia and the Carolinas on Thursday. Now the storm continues to inch its way north during the busiest travel days of the holiday season.The storm system is moving north on Friday morning and joining with a western storm. Numerous flood watches and warnings have been posted for the East Coast, including high wind warnings and a winter weather advisory.The southern storm is moving along the spine of the Appalachians, producing gusty winds and heavy rain from Washington, D.C., into Boston.The storms join in the Northeast on Friday afternoon with heavy rain and gusty winds continuing for the Northeast. On the back side of the storm, snow showers are expected in the central Appalachians from North Carolina to West Virginia.By Friday night and into Saturday morning, the eastern storm will finally begin to move out of the U.S. and into Canada. Gusty winds and snow showers will continue for the Northeast, but the heavy rain will be over. Through the day on Friday, an additional 1 to 3 inches of rain is expected for parts of the Northeast with river and flash flooding possible.Western storms to comeWinds gusted over 100 mph in Washington state on Thursday, producing damage just a couple days after a tornado hit the state. Huge waves made aviation along the coast very difficult if not impossible.Almost 4 inches of rain fell in parts of Washington and Oregon in the last 48 hours.Now, a series of storms is lined up in the Pacific and ready to slam into the West Coast once again.Rainfall totals through the weekend and into Monday will be heavy once again, with some areas forecast to see more than 3 inches of rain.Snow is expected all the way down to the Sierra Nevada Mountains in California, where a winter storm watch has been issued. Some areas could see several feet of snow through the weekend and into Monday. Copyright © 2018, ABC Radio. All rights reserved.last_img read more

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NCAA Track & Field West Regionals Day 1: Orton, Camp and Sorensen All Advance To Next Round

first_imgMay 23, 2019 /Sports News – Local NCAA Track & Field West Regionals Day 1: Orton, Camp and Sorensen All Advance To Next Round Tags: Anna Camp/Kate Sorensen/NCAA Track & Field Regionals/Whittni Orton FacebookTwitterLinkedInEmailSACRAMENTO, Calif.-Thursday, during the first round of the women’s NCAA Division I track & field championships at Hornet Stadium, the three Mid-Utah Radio Sports Network school alums competing advanced in their respective events to the next round of competition.To advance to the quarterfinals from the first round of competition, athletes must finish in the top 24. This is done if athletes place in the top five in their heats or have the next best four times.Former Panguitch high star runner Whittni Orton, now a junior standout for BYU, is the #4 seed headed into Friday’s quarterfinals in the 1500-meter run as she ran a time of 4:16.69.Additionally, her teammate, former Millard High star, and a fellow junior distance runner, Anna Camp, is the #2 seed in the 800-meter run (2:05.74) headed into Friday’s semifinals.Meanwhile, Weber State’s Kate Sorensen, a former Gunnison Valley High star, placed 16th in the 400-meter hurdles on the first day and advanced with a time of 58.57 (58.569). She finished narrowly behind 15th seed De’Andreah Young of Cal State Fullerton [58.57 (58.563)].Sorensen will compete Friday evening in the 400-meter hurdles quarterfinals. Brad James Written bylast_img read more

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