Business Roundtable First Quarter 2010 CEO Economic Outlook Survey shows optimism

crnxvyrrzaxq

first_imgEmploymentINCREASENO CHANGEDECREASEQ1 200457%38%4%Q2 200450%48%2%Q3 200459%37%4%Q4 200458%39%3%Q1 200555%38%7%Q2 200549%42%9%Q3 200549%44%7%Q4 200560%35%5%Q1 200654%39%7%Q2 200650%45%5%Q3 200643%49%7%Q4 200653%41%5%Q3 200840%42%18%Q4 200825%35%40%Q1 200923%37%40%Q2 200921%50%29%Q3 200934%46%20%Q1 201040%52%8%% Change from Q3/09 to Q1/106%6%-12%Totals may not equal 100 due to rounding. 1. How do you expect your company s sales to change in the next six months? 3. How do you expect your company s employment to change in the next six months? 2. How do you expect your company s capital spending to change in the next six months? CapitalINCREASENO CHANGEDECREASEQ1 200462%30%8%Q2 200443%41%15%Q3 200451%42%7%Q4 200445%46%9%Q1 200555%37%8%Q2 200549%43%8%Q3 200557%38%5%Q4 200550%35%15%Q1 200645%45%10%Q2 200653%40%7%Q3 200640%50%10%Q4 200656%39%5%Q3 200838%42%20%Q4 200817 %43%40%Q1 200912%38%50%Q2 200917%51%32%Q3 200931%46%23%Q1 201050%42%8%% Change from Q3/09 to Q1/1019%-4%-15%Totals may not equal 100 due to rounding. The Roundtable is a nonprofit, nonpartisan organization of 100 CEOs of Vermont’s top private and nonprofit employers, representing geographic diversity and all major sectors of the Vermont economy. The Roundtable is committed to sustaining a sound economy and preserving Vermont s unique quality of life by studying and making recommendations on statewide public policy issues.center_img -30- -###- Vermont s leading businesses appear increasingly optimistic toward all three of the survey s metrics: sales prospects, capital expenditures and employment levels for the spring and summer months, when compared against third quarter 2009 forecasts. The mood was assessed near the end of the first quarter and released today by Vermont Business Roundtable Chair Bill Stritzler and President Lisa Ventriss. The strongest change that we saw was in the area of sales, in which 63 percent of respondents expect their sales to increase in the next six months, compared to 34 percent from the previous survey. That tells me that our CEOs expect consumer behavior to improve through this summer. Ventriss said.Chair Stritzler, who is managing director of the Jeffersonville-based Smugglers Notch Resort, says the results of the CEO survey reflect encouraging attitudes of the marketplace. The anecdotal information from Roundtable members over the past three months is now being validated by our survey results and that is good news. Fifty percent of respondents expect to increase their capital spending, compared to 31% in the previous survey, and this is also a good sign for Vermont s economy.In terms of employment levels, there is also encouraging news to report. While 52 percent of respondents indicated no change in their employment levels for the next six months (up from 46 percent) , a much smaller percentage of respondents expect to decrease their workforces in that time frame (8% compared to 20% in the previous survey).The Roundtable s CEO Economic Outlook Survey provides a forward-looking view of the economic assumptions and attitudes of chief executive officers for 110 of the state s top employers. Vermont s agriculture, construction, education, health services, finance, real estate, insurance, hospitality/leisure, manufacturing, information, utilities, professional/business services, wholesale trade, and non-profit industries are represented. The response rate for this quarter was 65 percent. Historically, rates have varied from 35 to 73 percent. SalesINCREASENO CHANGEDECREASEQ1 200483%13%4%Q2 200480%15%4%Q3 200471%25%4%Q4 200477%22%1%Q1 200578%19%3%Q2 200575%23%2%Q3 200574%24%2%Q4 200572%24%4%Q1 200678%20%2%Q2 200678%22%0%Q3 200669%25%6%Q4 200673%23%4%Q3 200851%35%14%Q4 200827%46%27%Q1 200933%30%37%Q2 200941%31%28%Q3 200934%49%17%Q1 201063%19%18%% change from Q3/09 to Q1/1029%-30%1%Totals may not equal 100 due to rounding.last_img read more

What kind of financial advice can you get for $40?

crnxvyrrzaxq

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Charles PassySo much for all those low-cost or free robo adviser offerings. Could the real solution to all your money problems come in the form of a $40 “financial literacy tool”?That’s essentially the proposition behind Smart Planner, a tool created by Jonathan Pond, an author and television personality who focuses on personal finance and runs a Massachusetts-based advisory firm. The web-based platform had been previously marketed through PBS as an occasional pledge-drive gift. But it’s now being made available for the first time on an ongoing basis to the public at large — or at least to the public that’s willing to shell out 40 bucks for what Pond’s team promises will be a “tailored, confidential” report that “provides recommendations on retirement planning, insurance, debt and credit management, investment guidance, estate planning, saving for college, income taxes and wills.”No face-to-face meetings — or even phone calls — are involved. The computer-generated report is created after users fill out a detailed questionnaire online and Smart Planner’s program, described by Pond as “astoundingly complex,” does its work making sense of the responses and then tying them to a series of recommendations. continue reading »last_img read more

Croatian and Slovenian sparkling wines united in diversity

crnxvyrrzaxq

first_img Salon of sparkling wines: prof. Marija Vukelić, director of Salona, ​​photo: Julio Frangen At the sommelier press conference Croatian Sommelier Club Darko Lugarić demonstrated the paste of sparkling wine with pâtés and confirmed that sparkling wines could match on everyday occasions and with ordinary meals… Spotting and pâté, photo: Saša Stanković The salon opens its doors at 15pm and will be open until 21pm – just enough time to tour more than thirty of the best Croatian and Slovenian, and several producer of sparkling wines from other countries that will present their favorites at uniformed exhibition venues. The main message of the Salon is that sparkling wines are not only drunk on special occasions, but that they can be drunk every day, not only as an aperitif, but also in combination with more demanding dishes, and the goal is to raise the level of sparkling wine culture. The Zagreb wine season will open 3. Salon of sparkling wines which will be held on Friday, February 1 at the Hotel Dubrovnik within the network “Salon of Sparkling Wines”Which for the third year in a row connects Zagreb and Ljubljana, and plans to expand it to capitals in the region. Within Salona there is also organized a evaluation of sparkling wines which can be delivered by non-participating winemakers, allowing them to get a better insight into the market due to a larger number of samples, and will be awarded two types of acknowledgments: Salone Salons and Salon of Sparkling Wines, which will be decided by two Slovenian Croatian nine-member commission led by enologists Darja Bovha and mag. Franjo Francem. The salon in Zagreb is organized according to a proven model from Ljubljana, where on 15.2. In 2019, the 6th Salon of Sparkling Wines Ljubljana will be held. Therefore, as part of the event, two free expert workshops are planned for all visitors who register on time. “Croatia and Slovenia – friendship in a sparkling glass”Will be led by dr. Nina Levičnik, coordinator network, and prof. Marija Vukelić, director of the Salon, and another workshop “5 century young beauty – Gosset Champagne”(The oldest wine house in Champagne, from 1584) will be run by one of the best Austrian sommelier (Vineus Sommelier of the Year 2016) and Ambassadeur du Champagne 2015/2016 Suvad Suwi Zlatić.last_img read more

Construction company buys landmark 1930s-built property at Yeronga

crnxvyrrzaxq

first_imgMore from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020The property at 785 Ipswich Road, Yeronga.Mr Burtenshaw said Stokes Wheeler plan to maintain the 280sq m two-level building in its heritage form and occupy as their head office, relocating from their current premises at Loganholme.Built in 1934, the Old Yeronga Fire Station next to Yeronga Park is one of the earliest designs from leading Queensland architecture company Conrad and Gargett, who also designed Old Government House and Customs House in Brisbane.During the Second World War an effigy of Adolf Hitler was hung from the fire station’s awning, while the US and Dutch armies created a bivouac camp for more than a thousand soldiers in Yeronga Park behind the fire station.The fire station provided firefighting services to the surrounding areas until 1974 when the building was passed on to the SES who used it as a base and training centre for 24 years. The current owners, who are relocating to Redcliffe, bought it in 2001.“This is a well-constructed and truly unique office space with original finishes and fittings,” Mr Wray said.“The interior includes an original fire pole man hole and working counter levered garage doors which open into an engine room which has been preserved in its original state.” A 1930s-built fire station at Yeronga has sold.A historic fire station at Yeronga has sold for $925,000, after failing to sell at auction prior to Christmas.The landmark 1930s-built property, at 785 Ipswich Road, Yeronga, was sold to construction company Stokes Wheelerby Ray White Industrial Milton’s Aron Burtenshaw and Matt Wray.Mr Burtenshaw said despite a massive amount of interest, the fire station was passed in at auction.“The owners took a break over Christmas but we resumed negotiations with interested parties and by the end of January we had multiple offers,” he said.“We secured a cash unconditional contract for the owners at $925,000, which was well above the highest bid on auction day.”last_img read more

Cyprus Hotel Employees scheme grows hedge-fund allocation

crnxvyrrzaxq

first_imgThe Hotel Employees Provident Fund — the largest pension fund in Cyprus — is expanding its hedge fund portfolio to include global macro hedge fund strategies along with the fund-of-funds it already holds.The €300m pension fund said it would allocate 25% of its strategic hedge fund allocation to a combination of systematic and discretionary macro strategies, and had just completed a manager selection exercise with its advisers Aon Hewitt to this end.Marinos Gialelis, general manager of the fund, said: “One of the key reasons for investing in the global macro strategy is the diversification it can offer, both to traditional bond and equity portfolios as well as other hedge fund strategies.”With this in mind, the pension fund had decided to diversify its growth portfolio and consider the inclusion of global macro hedge funds as a satellite allocation to its core fund of hedge funds portfolio, he said. The managers chosen for the global macros are Capula, Lynx Asset Management and Winton, he said.The pension fund’s strategic hedge fund allocation is now 15% of total assets, with 11% on multi-strategy and 4% on global macros as a satellite, Gialelis said.Hedge fund strategies had higher expected returns than bonds, he said, provided a good hedge against inflation and had much lower volatility than equities. “In the current high volatility phase that has been triggered by the large fall in crude oil prices in late 2014, we expect hedge funds to perform well and global macro hedge funds — systematic and discretionary — provide a high conviction strategy in the medium term,” he added.The pension fund said its management committee acknowledged that prudential asset management required enough diversification across and within asset classes, and was trying to make sure it considered a very broad range of asset classes for investment.Gialelis said global macro funds had historically delivered strong returns that were uncorrelated with traditional asset classes. The Cyprus pension fund first invested in the hedge fund sector in 2011 when it allocated assets to a fund of hedge funds.last_img read more

EU strategic fund urged to ‘step up’ talks with institutional investors

crnxvyrrzaxq

first_imgThe strategic investment fund at the heart of the EU’s Investment Plan for Europe must “step up” its engagement with institutional investors to facilitate more sustainable infrastructure investment, a €13trn-plus coalition of pension funds and asset managers has said.The Institutional Investors Group on Climate Change (IIGCC) addressed its call specifically to the investment committee of the European Fund for Strategic Investment (EFSI), the EU’s vehicle for implementing what was initially known as the Juncker Plan.The IIGCC has previously made a series of recommendations to boost investment in renewable energy and other sustainable infrastructure in Europe through the EFSI.In a report published yesterday, 20 September, it noted that some of these, such as “robust sustainability criteria” that rule out EU support for new high-carbon projects, have been taken up. Looking ahead, it said that now the Investment Plan for Europe and the EFSI were in operation, “it is crucial that EFSI’s investment committee steps up its engagement with institutional investors”.It said the European Investment Bank (EIB), EFSI’s main partner, was playing a “very positive role” in catalysing low-carbon investment and engaging the institutional community.The IIGCC’s report, on aligning the EU financial system with a transition to low-carbon energy, comes after the European Commission (EC) last week announced that it would double the timespan and financial capacity of the EFSI, with “EFSI2.0” also focusing more on investments in projects contributing to limiting climate warming.Sustainability ‘relegated’ in CMUThe thrust of the investor group’s report was a call for financial regulation to “enable and facilitate” the real economy shifting to low-carbon, with the IIGCC making wide-ranging recommendations including changes to Solvency II regulation, the EU Emissions Trading Scheme and the EU’s Capital Markets Union (CMU) plan.On the latter, it said Commission proposals on sustainable investment so far “relegate sustainability considerations to niches within the CMU rather than making them a cornerstone”.The Commission launched a consultation on long-term and sustainable investment in December 2015, and the IIGCC said it supported “the development of a sustainable CMU action plan” as part of the EC’s review of its CMU proposals.Specifically, it recommended that the EU’s 2030 climate-energy targets be built into the CMU review.The investor group also called for “appropriate” treatment of infrastructure as an asset class in insurance and banking regulations (Solvency II and the Capital Requirements Directive, respectively).This, it said, “should be able to advance the ability of investors to manage their legacy exposure towards high-carbon assets and invest into low-carbon projects and infrastructure corporations”.However, it said that, while revisions to Solvency II and the Capital Requirements Directive address infrastructure investment “opportunities”, including sustainable infrastructure assets, “it does not of itself improve the way that capital markets assess, price and transfer risks on the side of high-carbon incumbents”.It therefore called for more transparency about the risks inherent in high-carbon assets, and for rating agencies to better integrate climate risk in ratings.It acknowledged calls from EU policymakers for pension funds to conduct climate stress-tests and said that, although it supported this in principle, it would be premature to require “mandatory, full stress-testing of asset owners’ climate risk exposure”.“However,” it added, “basic stress-testing should be encouraged to the extent currently possible.”,WebsitesWe are not responsible for the content of external sitesLink to IIGCC report “Improving the pricing of risk: Aligning the EU financial system and climate change” –last_img read more

Protest held over Sunday fixture

crnxvyrrzaxq

first_imgA peaceful religious protest has taken place outside Windsor Park in opposition to Northern Ireland’s first ever Sunday fixture on home soil. The Irish Football Association has never before staged an international game on a Sunday but was forced to break new ground by UEFA’s ‘Week of Football’ initiative. Euro 2016 qualifiers are now spread throughout the international period, with dates allocated automatically by computer. Press Associationcenter_img But the Tyndale Memorial branch of the Free Presbyterian Church has criticised the IFA for failing to seek dispensation and declining to inform local church groups. Reverend Raymond Robinson, whose congregation held placards and handed out leaflets on Donegall Avenue, told Press Association Sport: “Our opposition is to the breaking of observance of the Lord’s day. “We believe in the Sabbath being kept holy. It seems more and more that the football agenda is being driven by the television companies and not what God says, or what public opinion is. “A delegation met the IFA and expressed our concerns. We found it interesting that the likes of Gibraltar and Spain had special circumstances (within the UEFA schedule) but the IFA couldn’t have the same for observing Sunday as the Lord’s day. “We were also surprised at the IFA not contacting local churches about the fixture, which we felt would have been common courtesy. “They did say they would seek to accommodate us and help out but if we had never mentioned it that would never have happened.” last_img read more

Riley wants Beaton to concentrate on longer format of the game

crnxvyrrzaxq

first_imgDIRECTOR of the West Indies Cricket Board (WICB) and Chairman of the Barbados Pride cricket franchise, Conde Riley, urges Guyanese fast bowler Ronsford Beaton to concentrate more on the longer format of the game.Riley is of the opinion that the 24-year-old is too promising to only play the shorter format of the game.Riley made the comments during his feature address at the Guyana Cricket Board’s (GCB) 2016 Awards ceremony last Thursday night at the Umana Yana.“I’d like to urge Mr Beaton to concentrate more on the longer format of the game where he will build his stamina and fitness and go on to represent the West Indies if he so desires.“I certainly believe that he is too promising to only play the shorter format. He was our leading fast bowler four years ago at the Under-19 World Cup in New Zealand when we reached the semi-finals. He must give back more to the region and Guyana,” Riley said.Conde RileyHaving shown great aggression and hostility during his admirable career so far, many feel he already has the potential to don the prestigious maroon colours, but the West Indies A team pacer who has played 33 First-class games since his debut against the England Lions in 2011, was overlooked as part of the Guyana Jaguars first-choice plans for the 2016/17 Professional season.However, after being ignored, Beaton was a part of the West Indies ‘A’ team which travelled to Sri Lanka back in October last year to play in an unofficial Test and ODI tournaments.He regained some confidence and form during the tour, returning figures of; 3-26, 2-41, and 2-38 in the 50-over format, before being called up to play for the Dhaka Dynamites in the fourth edition of the Bangladesh Premier League (BPL).With 64 First-class wickets, Beaton, who was among a squad of 14 young players who received training at the Sagicor High Performance Centre (HPC) for the 2013-14 programme, is part of the Leeward Islands Hurricanes 20-man squad preparing for the West Indies Cricket Board (WICB) Super50 competition scheduled to start later this month.last_img read more

Former Syracuse guard Chibane to join Buffalo Bills as undrafted free agent

crnxvyrrzaxq

first_img Facebook Twitter Google+ Long stressful process. Draft didn’t go the way i hoped but I’ve decided to join the Buffalo Bills. Excited for this opportunity #BillsMafiaAdvertisementThis is placeholder text— Zack Chibane (@Bane_75) April 28, 2013 The 6-foot-5, 298-pound Chibane helped block for a 1,000-yard rusher in each of his three seasons as an anchor on the offensive line. The man who lined up to his left for the last three years, Justin Pugh, was selected by the New York Giants with the 19th overall pick in the NFL Draft.In all, four Syracuse players have joined NFL teams this weekend. The Giants selected former Orange quarterback Ryan Nassib in the fourth round with the 110th overall pick, while the Pittsburgh Steelers drafted former Syracuse safety Shamarko Thomas immediately after with pick No. 111. Comments Published on April 27, 2013 at 9:47 pm Contact Chris: cjiseman@syr.edu | @chris_iseman Former Syracuse guard Zack Chibane will join the Buffalo Bills as an undrafted free agent.Chibane, who started all 38 games in his final three seasons with Syracuse, is going to be reunited with former Syracuse head coach Doug Marrone, who became the Bills’ head coach in January.Chibane tweeted about his move to Buffalo on Saturday, calling the process “stressful.”last_img read more

Storify: Fans react to Syracuse’s tight win over N.C. State

crnxvyrrzaxq

first_img[View the story “No. 1 Syracuse defeats N.C. State 56-55 in final seconds to stay undefeated” on Storify] Comments Facebook Twitter Google+ Published on February 15, 2014 at 9:59 pm Contact Meredith: mhnewman@syr.edu | @MerNewman93last_img