After Saga and Toys R Us fiascos calls grow for IPO markets shake-up

first_img Tim Wallace  Banks and investors are calling on the City watchdog to probe the behaviour of independent advisers on stock market flotations, fearing the initial public offerings (IPO) market in Europe could become dysfunctional. They argue that advisers are distorting the market by putting pressure on banks’ analysts to put an unrealistically high price on the stock. While most newly floated shares have risen this year, a significant minority have performed poorly, and banks fear institutional investors will cut them out, instead going straight to the firms to buy stock. It comes as US regulators close in on a decision over claims a series of banks put pressure on their own analysts to push up the target price in Toys R Us’ attempted float, in a bid to win a role working on the flotation. The US Financial Industry Reg­ulatory Authority (Finra) is looking into claims that analysts and dealmakers at banks are not fully independent from one another. Analysts are supposed to present unbiased research to the firms, so they can decide how best to proceed with IPOs. In the UK, the Financial Con­duct Authority (FCA) has been more concerned with the allocation of shares in floats, rather than the way roles are allocated. Banks that worked on Toys R Us’ failed float face claims they pressured analysts to put too high a price on the stock “We’re hoping the regulators take a lot of interest in this,” said a leading flotation banker in London  “There have been too many failed IPOs in Europe and whatever happens in the US is bound to affect the way we do things here.” “The European system is not working well. The emphasis is on selling at the highest price… but if we [the banks] aren’t careful we risk being disintermediated with institutions buying stakes directly off companies because they no longer trust the process.” In the UK, the flotation of Saga earlier this year created a controversy when the company and its advisers tried to position the business as a consumer brand when many thought it fitted more in the insurance sector, where it would be less highly valued. Saga’s shares are now trading at 156p, down from a float price of 185p – a fall which also hit the 200,000 retail investors in the stock. A series of other poorly performing floats has raised questions about the quality of research on the deals. Pets at Home floated at 245p this year and is down to 203p. AO World floated at 285p in February, rocketing at first before slumping. Yesterday the stock closed at 206.5p. Industry sources close to independent advisers argue that their role is misrepresented by the banks. “Independent advisers don’t carry out valuations or price or allocate deals,” said one insider. “The banks’ corporate finance teams make recommendations about how to represent the investment story to investors, they write the prospectus, they do the due diligence, they do the analyst presentations.” The FCA is running a consultation on the operation of wholesale markets, and is expected to set out any likely market investigations in early 2015.   More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org After Saga and Toys R Us fiascos calls grow for IPO markets shake-up whatsapp Tuesday 18 November 2014 8:56 pmcenter_img Show Comments ▼ whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsLoan Insurance WealthDolly Parton, 74, Takes off Makeup, Leaves Us With No WordsLoan Insurance WealthPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinition Share Tags: Company IPOs Sagalast_img read more

Coronavirus: 430 new cases as four more counties in Level 3 danger

first_img By Alan Hartnett – 27th September 2020 Electric Picnic WhatsApp Twitter Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Facebook Pinterest TAGSCoronavirusCovid-19 Coronavirus: 430 new cases as four more counties in Level 3 danger News WhatsApp Twittercenter_img Electric Picnic organisers release statement following confirmation of new festival date Home News Coronavirus: 430 new cases as four more counties in Level 3 danger News Pinterest RELATED ARTICLESMORE FROM AUTHOR Electric Picnic Facebook There have been no new deaths reported to the Health Protection Surveillance Centre today.There has been a total of 1,802 COVID-19 related deaths in Ireland.As of midnight Saturday, 26 September, the HPSC has been notified of 430 confirmed cases of COVID-19. There is now a total of 34,990 confirmed cases of COVID-19 in Ireland. Of the cases notified today;222 are men / 208 are women72% are under 45 years of age40% are confirmed to be associated with outbreaks or are close contacts of a confirmed case59 cases have been identified as community transmission212 cases are in Dublin, 54 in Cork, 23 in Donegal, 23 in Galway, 16 in Louth, 15 in Monaghan, 12 in Clare, 12 in Meath, 9 in Cavan, 8 in Roscommon, 7 in Wicklow, 6 in Limerick, 5 in Kildare, 5 in Tipperary withwith the remaining 23 cases in 9 counties.The HSE is working to identify any contacts the patients may have had to provide them with information and advice to prevent further spread.The COVID-19 Dashboard provides up-to-date information on the key indicators of COVID-19 in the community.Dr Ronan Glynn, Acting Chief Medical Officer, Department of Health, said: “As we start into this new week, I am asking every household across the country to sit together this evening and make a plan to reduce the number of people you meet this week.Four more counties in Level 3 dangerMinister for Health Stephen Donnelly says that four counties are being monitored ‘very closely’ by NPHET in relation to the rate of Coronavirus.Speaking on RTE One’s This Week programme, Minister Donnelly said Cork, Galway, Louth and Wicklow are being looked at closely. Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival If the incidence rate there continues to grow, presumably, the counties could move to Level 3 restrictions – similarly to Dublin and Donegal.In relation to Dublin, he is said “cautiously optimistic” that the additional Covid-19 measures in Dublin are working but added that it is still “very early days”.Everyone should be aware of the risk factors for getting COVID-19:Distance – the risk of getting COVID-19 increases as the distance between you and others gets smaller. Keep 2 metres apart where possibleActivity – How you spend time with people and what you do with them can increase your risk. Follow the government’s Stay Safe Guidelines when spending time with othersTime – The more time you spend in close contact with other people can increase your risk of getting COVID-19. Keep track of who you spend time with and howEnvironment – Being outdoors is safer than being indoors. Where possible, meet with others outdoors. If this is not possible, keep windows and doors open when meeting others insideSymptoms – Know the symptoms. If you have them self-isolate and contact your GP immediatelyPublic Health Advice for all citizens available here: Know the symptoms of COVID-19a fever (high temperature – 38 degrees Celsius or above)a cough – this can be any kind of cough, not just dryshortness of breath or breathing difficultiesloss or change to your sense of smell or tasteflu like symptoms Previous articleClough-Ballacolla pull clear in second half to see off RosenallisNext articleBrilliant Burke and clinical O’Carroll lead Crettyard to IFC final Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016.last_img read more

CIBC Mellon appoints new CFO

first_img PenderFund names new SVP for investments Toronto, Ont.-based CIBC Mellon has named Karen Rowe as the company’s new chief financial officer (CFO), the firm announced on Wednesday.Rowe will assume responsibility for all of the firm’s CFO duties, including financial planning and analysis, accounting, corporate taxation and financial reporting. Leah Golob Related news employee recruitment human resource selection interview analysis new job appointment bakhtiazein/123RF Keywords AppointmentsCompanies CIBC Mellon CETFA elects new board leader TD getting new head of private wealth, financial planning Previously, Rowe was with Canadian Pension Plan Investment Board as managing director, head of investment finance. Prior to that, she held senior-level roles with Canadian Imperial Bank of Commerce (CIBC), including the role of vice president of finance for CIBC World Markets.“Karen is a welcome addition to the company and she brings a deep understanding of the financial services industry, particularly in the area of Canadian pensions and private markets,” says Steven Wolff, president and CEO of CIBC Mellon, in a statement.“CIBC Mellon is a well-regarded by institutional investors as Canada’s leader in asset servicing, and I am proud to join the company and support its financial management,” Rowe says, in a statement.Rowe replaces Duncan Webb who has announced his retirement. Share this article and your comments with peers on social media Facebook LinkedIn Twitterlast_img read more

Property Council welcomes Roadmap to Contributions Reform

first_imgProperty Council welcomes Roadmap to Contributions Reform The Property Council welcomes the release today of the final Report of the review of infrastructure contributions undertaken by the NSW Productivity Commissioner, Mr Peter Achterstraat AM and the announcement by the NSW Government today that it will consult with the industry to develop a roadmap for implementation of the recommendations.“We congratulate the Productivity Commissioner for leading this review and tackling this intractable issue head on in a challenging environment. There is no doubt the current NSW infrastructure contribution system is too complex, too costly and does not always deliver infrastructure when and where it is needed,” said NSW Executive Director, Jane Fitzgerald.“Reform of infrastructure contributions is long overdue, and this review provides a unique opportunity to deliver important reforms especially in light of the current economic downturn and impacts of COVID-19 pandemic.“In taking the Commissioner’s Report forward we need to ensure the balance is right; the need to pay for infrastructure needs to be balanced against the equally important objective of ensuring state taxes, levies and charges do not make good development and growth unfeasible or unattractive.“In a post-COVID world we need to ensure that NSW is an attractive investment option and that the cumulative costs of contributions to local and State government do not act as a barrier to good development going ahead. That is the ruler we will run over this Report.”Productivity Commissioner Peter Achterstraat’s comprehensive review of the system makes 29 recommendations, including:• Changing the funding mix for more efficient infrastructure delivery.• Linking council rates more closely with population growth.• Developing a digital tool for calculating infrastructure contributions.• Ensuring infrastructure contributions plans are in place upfront during the rezoning process.• Supporting better open space provision through a system for the direct land dedication following re-zoning.• Reforming state contributions so funding goes where infrastructure is required.“Of course, like every major review the devil will be in the detail. There are a number of recommendations in the Report which will require carefully scrutiny and analysis and consideration of how they interrelate to other government priorities such as the tax reform plan recently announced by the Treasurer.“We will be making a strong submission to the Government during the consultation phase and we will urge the government to move quickly on key reforms and to ensure appropriate transition arrangements are in place,” Ms Fitzgerald concluded.To read the report visit https://productivity.nsw.gov.au/infrastructure-contributions-review /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Commissioner, council, covid-19, digital, environment, Government, industry, infrastructure, Investment, NSW, Productivity Commission, property, Property Council of Australia, real estate, reform, space, visit, worldlast_img read more

Operation Rubber puts brakes on hoon riders

first_imgOperation Rubber puts brakes on hoon riders Ten people were arrested during a crackdown on hoon trail bike riders in a targeted SAPOL operation that also slapped lawbreakers with more than 65 defect and expiation notices in Adelaide’s northern suburbs.Operation Rubber was established to focus on dangerous motorcycle use in the north, running between 13 November and 19 December last year, resulting in:10 people arrested.8 people reported.3 vehicles impounded.40 vehicles issued defect notices.27 expiation notices issued.Minister for Police Vincent Tarzia said hoon riding and driving can have life-ending consequences.“Hoon behaviour is despicable and has no place on our roads or in our parks,” Minister Tarzia said.“The Marshall Liberal Government is dedicated to road safety and delivered on its 2018 election promise to establish the Traffic Watch App – a vital tool at the fingertips of the community to dob in hoons 24/7.“We have provided more than $170 million in extra funding to SAPOL since 2018, which includes $18.6m for Stage 2 of the District Policing Model, strengthening SAPOL’s ability to police the local community and deliver positive results as seen in Operation Rubber.“Hoons have no place on our streets. We will continue working hand in glove with SAPOL to get the job done.”The success of Operation Rubber contributed to another huge drop in South Australia’s overall crime rate with 20,528 fewer crimes committed over 12 months (January 2020 to December 2020) when compared to the same period a decade ago.The release of SAPOL’s December crime statistics today again expose Labor’s struggles to reduce crime, but more importantly highlight the leadership of the Marshall Government to keep South Australia safe and strong.The statistics highlight an enormous fall in Total Offences Against Property – a decrease of 17,913 crimes – while Aggravated Robbery offences dropped 26%.Further reduction was seen in Theft and Related Offences (11,403 crimes), Serious Criminal Trespass fell by almost 4,000 incidents, Dangerous and Negligent Acts had a 53% dive, and Assaults Against Police fell 21%.“The Marshall Government is also the first South Australian Government to directly fund Crime Stoppers with more than $800,000. We want to stop criminal activity and we encourage the community to be vigilant, look out for each other and pick up the phone if you see something suspicious,” Minister Tarzia said.Total Offences Against the Person increased slightly by 4%, but is a result of legislative and system changes to the recording of particular offences within the category. It does not reflect an actual increase in offending. /Public News. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Adelaide, AusPol, Australia, Australian, Australian Government, community, crackdown, election promise, Government, leadership, motorcycle, operation, road safety, SA Government, SAPOL, South Australia, statistics, Suspiciouslast_img read more

Queensland Government to take over care of Anzac Square

first_imgQueensland Government to take over care of Anzac Square Premier and Minister for Trade The Honourable Annastacia PalaszczukThe Palaszczuk Government will take over the responsibility for the care of Anzac Square from Brisbane City Council, to continue safeguarding Queensland’s pre-eminent State War Memorial for all generations. The announcement comes in the week before the full return of traditional Anzac Day commemorations after COVID-19 curtailed last year’s services.Premier Annastacia Palaszczuk said the transfer of governance of Anzac Square from Brisbane City Council is expected from July next year, under legislation introduced into Parliament today.“The City Council is currently the trustee of Anzac Square, but my Government will take over that crucial role via a new Queensland Veteran’s Council,” the Premier said.“We will embrace the responsibility for day-to-day management of the Shrine of Remembrance, the memorial galleries and the parklands.“This revered space is too important not to guarantee its oversight in memory of those who died.“It continues the commitment we showed with our contribution of more than $14 million to the 2019 Anzac Square restoration when the heritage sandstone was enhanced, historic statues and trees were protected, ponds were repaired and undercroft galleries were upgraded.“I encourage those who are able to attend the dawn service this Sunday at Anzac Square or elsewhere, with restrictions now eased for public gatherings.“Whether it’s Lighting Up the Dawn at home, or attending services and marches around the state, Anzac Day 2021 will be a day to honour those who served.”Minister for Education and Member for McConnel Grace Grace said Anzac Square was a treasured place in the centre of Brisbane to commemorate all Queenslanders who served.“Queenslanders rightly expect the Square to be maintained with all due care and the Palaszczuk Government willingly accepts that essential task,” Ms Grace said.Assistant Minister to the Premier for Veterans’ Affairs Bart Mellish said the new Veterans Council would also have responsibility for the Anzac Day Trust, including payments to organisations to assist ex-servicemen and women.“The Palaszczuk Government made a commitment at the last election to provide an additional one million to the Trust for a new grants program to ensure Queensland veterans affected by COVID-19 can access financial support and ex-service organisations can stage COVID-Safe commemorative events,” Mr Mellish said.“That’s in addition to the ongoing annual Anzac Day Trust grants program, which last year provided 204 not-for-profit organisations with reimbursements totalling $1.49 million so they could continue to deliver their welfare services for veterans and their families.“Applications for this year’s annual funding, and for the extra COVID support, will open soon.“As well as taking responsibility for the Trust and for Anzac Square, the Veterans Council will also advise Government on veterans’ matters.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Brisbane, council, covid-19, education, election, Government, grants program, legislation, memory, Minister, Palaszczuk, parliament, Premier, QLD, Queensland, space, veteranslast_img read more

Vancouver City Council advances on attempt to eliminate racism

first_imgStatement on racial justice is first step after listening sessions last monthVANCOUVER — In their virtual meeting this week, members of the Vancouver City Council discussed, signed and released a statement acknowledging and condemning systemic racism in the community.The statement was signed by all councilors and called a first step towards change. The statement is the first manifestation of response by the council to the recent listening sessions with members of communities of color last month.“We have had a wonderful opportunity to listen through all of our listening sessions,” said Vancouver Mayor Anne McEnerny-Ogle. “We’ve learned about a number of different issues, including how systemic racism is affecting all individuals in our community in one way or another.”Members of the Vancouver City Council met virtually this week and among other topics, discussed and signed a statement on racial justice. Screenshot courtesy of CVTVMembers of the Vancouver City Council met virtually this week and among other topics, discussed and signed a statement on racial justice. Screenshot courtesy of CVTV The listening sessions, which were held with several minority groups and many people of color, were not televised or open to the public in order to create a safe space for those speaking to share their experiences. Councilor Erik Paulson gave a little insight into what those sessions were like for him in the discussion time prior to signing the statement. Chiefly among them, was what he said was a reminder of his own inability to naturally understand all the perspectives of people of color.  “My role as a white person, as a product of white privilege, as a beneficiary of these systems that we talked about when we talk about systemic racism is to understand other points of view,” Paulson said. “Points of view that don’t come naturally to me, because, as a product of these systems, I’m largely unaware of ways that they affect others in our community, and I need to be better at that.”Paulson went on to recognize that the council is composed entirely of white people, and that he sees committing to more conversations and inclusion of voices starting with the statement and that it would only continue to be possible by using broad filters when making policy decisions. blankCouncilor Ty Stober also offered his perspective on the statement, saying he felt it was a culmination of many years of hard work by members of the community and groups such as NAACP in Vancouver.“I think the statement tonight is for me, by no means an end statement,” Stober said. “This is an acknowledgement for me of a lot of work that lies ahead. A lot of tough conversations. A lot of difficult situations that we’re gonna have to confront. But I’m very excited.”Councilor Laurie Lebowsky explained that she sees the statement as applying to racial justice for all minorities in the community, from Latinx, to African Americans, to Native Americans. She also mentioned equity for these people groups as it pertains to the present pandemic. “I believe this is a step forward, and it’s just a first step,” Lebowsky said. “I believe that we need to work proactively for the benefit of everyone in our community. One thing we can see with the pandemic is how, if you look nationally, that African Americans rate of getting the COVID infection is five times higher than white people. People of color are at a disadvantage in our society, especially as it relates to key areas, such as health care, income, education, and leadership positions.” When it came time for Councilor Linda Glover to speak, she expressed a strong desire to not simply feel emotional about the tragedies in the nation, or the protests against racism. Instead, she said, she hopes to start a culture of determination to empower all members of the Vancouver community.“It demands dedication, dedicated focus,” Glover said. “It’s more than recognizing inequities, biases and weaknesses in our systems. It will demand listening and learning and listening to it again when we make mistakes. It will take years of determination. We must work to make a Vancouver community where each member feels safe and valued.”To read the full statement by the council, click on the image above or visit the city website at www.cityofvancouver.us.AdvertisementThis is placeholder textTags:Clark CountyLatestVancouvershare 0 Previous : Clark County prosecutors offer joint letter on the issue of systemic racism Next : WATCH: Clark County TODAY LIVE • Wednesday, July 8, 2020AdvertisementThis is placeholder text Vancouver City Council advances on attempt to eliminate racismPosted by Jacob GrannemanDate: Wednesday, July 8, 2020in: Newsshare 0 last_img read more

The Ford GT Carbon Edition loses 40 pounds

first_imgTrending in Canada The new Ford GT Carbon Edition is here, and in response to customer feedback it’s changed and upgraded a few things while shedding weight at the same time.Some 40 pounds have been cut out of the Ford GT thanks to a diet of carbon fibre and titanium.The wheels are now made of carbon fibre, while the exhaust and lug nuts are made of titanium. ‹ Previous Next › Created with Raphaël 2.1.2Created with Raphaël 2.1.2 New 2019 Ford GT Carbon Series is the lightest car in the company’s GT lineup, saving nearly 40 pounds with lightweight innovations such as carbon fiber wheels and a polycarbonate engine cover The rear hatch is now made out of polycarbonate with added vents. Radio, air conditioning, and SYNC 3 have all been retained at the request of the customers, but Ford’s removed the cup holders and driver’s side storage bin to take away more weight. Created with Raphaël 2.1.2Created with Raphaël 2.1.2New 2019 Ford GT Carbon Series is the lightest car in the company’s GT lineup, saving nearly 40 pounds with lightweight innovations such as carbon fiber wheels and a polycarbonate engine cover Created with Raphaël 2.1.2Created with Raphaël 2.1.2New 2019 Ford GT Carbon Series is the lightest car in the company’s GT lineup, saving nearly 40 pounds with lightweight innovations such as carbon fiber wheels and a polycarbonate engine cover Created with Raphaël 2.1.2Created with Raphaël 2.1.2New 2019 Ford GT Carbon Series is the lightest car in the company’s GT lineup, saving nearly 40 pounds with lightweight innovations such as carbon fiber wheels and a polycarbonate engine cover Created with Raphaël 2.1.2Created with Raphaël 2.1.2New 2019 Ford GT Carbon Series is the lightest car in the company’s GT lineup, saving nearly 40 pounds with lightweight innovations such as carbon fiber wheels and a polycarbonate engine cover Created with Raphaël 2.1.2Created with Raphaël 2.1.2New 2019 Ford GT Carbon Series is the lightest car in the company’s GT lineup, saving nearly 40 pounds with lightweight innovations such as carbon fiber wheels and a polycarbonate engine cover Created with Raphaël 2.1.2Created with Raphaël 2.1.2New 2019 Ford GT Carbon Series is the lightest car in the company’s GT lineup, saving nearly 40 pounds with lightweight innovations such as carbon fiber wheels and a polycarbonate engine cover Created with Raphaël 2.1.2Created with Raphaël 2.1.2New 2019 Ford GT Carbon Series is the lightest car in the company’s GT lineup, saving nearly 40 pounds with lightweight innovations such as carbon fiber wheels and a polycarbonate engine cover Created with Raphaël 2.1.2Created with Raphaël 2.1.2New 2019 Ford GT Carbon Series is the lightest car in the company’s GT lineup, saving nearly 40 pounds with lightweight innovations such as carbon fiber wheels and a polycarbonate engine cover Created with Raphaël 2.1.2Created with Raphaël 2.1.2New 2019 Ford GT Carbon Series is the lightest car in the company’s GT lineup, saving nearly 40 pounds with lightweight innovations such as carbon fiber wheels and a polycarbonate engine cover The Ford GT Carbon Series can be ordered now for approved customer applicants, while the final owner application process will open on November 8th and last for 30 days. RELATED TAGSFordGTLuxuryLuxury VehiclesNew Vehicles Trending Videos advertisementcenter_img We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Visible carbon fibre is the focal point of the exterior and can be found on the wheels, racing stripes, A-pillars, and lower body panels. The mirror caps, centre stripe, and calipers can be had in four optional accent colours—silver, orange, red or blue. The only exterior colour available is charcoal grey.On the inside, you’ll find a unique pattern on the steering wheel and seats with contrast silver stitching, clear anodized paddle shifters, and Carbon Edition instrument panel badges. The exposed carbon fibre finds its way onto the sills, centre console and air register pods.“This is just another example of how we listen to our customers at Ford,” says Lance Mosley, marketing manager, Ford Performance.“While the Ford GT Competition model appeals to hardcore racing enthusiasts, we found more customers asking for more exposed carbon fibre with the air conditioning and radio still intact. So we developed the Carbon Series to satisfy that need while providing a distinct look.” COMMENTSSHARE YOUR THOUGHTS PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” The Rolls-Royce Boat Tail may be the most expensive new car ever See More Videoslast_img read more

Early arrival recommended for CU-Boulder commencement Dec. 20

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail The University of Colorado Boulder will hold its winter commencement ceremony on Friday, Dec. 20, at 9:30 a.m. in the Coors Events Center and people planning to drive to campus should arrive early.Due to traffic delays, and ongoing construction on U.S. 36 leading into Boulder, early arrival is strongly advised. Doors open at 7:30 a.m. and guests should plan to be seated by 9 a.m.Parking lots and gray meters near the Coors Events Center are free for commencement parking. Traffic officers and parking supervisors and attendants will be available to assist campus visitors.For more information about commencement visit http://commencement.colorado.edu/, and for information on commencement parking visit http://commencement.colorado.edu/ceremonies/winter/parking/.Contact: Greg Swenson, 303-492-3113 Published: Dec. 18, 2013 last_img read more

Markets Positive About Aluminium Screw Caps

first_imgHome Industry News Releases Markets Positive About Aluminium Screw CapsIndustry News ReleasesWine BusinessMarkets Positive About Aluminium Screw CapsBy Press Release – February 13, 2019 86 0 AdvertisementAluminium Closures Group continues sponsorship of Mundus Vini wine awardsThe Aluminium Closures Group (ACG) once again sponsors the spring and summer tastings and awards of the international wine tasting award Mundus Vini. The results from the 2018 award clearly demonstrated a growing acceptance of aluminium closures among wines in the higher price segment while even including two Grand Gold winners.“With almost 20% of last year’s award winners using aluminium closures we wish to build on that success, “ says Guido Aufdemkamp, Executive Director of the Aluminium Closures Group. “We are already excited about the selection of wines this year and the number of winning wines sealed with aluminium closures is set to increase.”The results of the Mundus Vini wine tastings shows that aluminium screw caps seal a significant part of high quality, premium wines recognized by the competition. The Aluminium Closures Group continues to maintain close contact with key people in the international wine industry. “These events enable us to meet face-to-face with key decision makers and present the aluminium closures as an excellent wine closure solution for the wine industry,” adds Aufdemkamp.The debate around the right closures for a particular type of wine continues to engage wine professionals and enthusiasts alike around the world. But the markets are showing a clear shift towards aluminium closures, which already accounted for 30% of total global production as long ago as 2016, according to 2018 research figures from Euromonitor International and IWSR.Mundus Vini brings together many of the top wine producers from every part of the world. Thousands of wines, ranging from the modestly priced to the very best vintages are blind tasted by a global panel of judges. This year the Spring tasting will take place from 19-24 February. Award winning wines, using aluminium screw caps will be on display at the ProWein exhibition in Düsseldorf the following month, in a special Mundus Vini display section.Aluminium Closures GroupThe Aluminium Closures Group consists of the leading manufacturers of aluminium closures, aluminium strips and sheets for closures and is part of AMS Europe e.V, representing about 75% of global aluminium closure production. The members are Alcopack, Amcor, Astro, Closurelogic, FederfinTech, G3 Enterprises, Guala Closures, Herti and Mala, Vinventions, Torrent Closures as well as Aludium, Constellium, Impexmetal, Novelis,Laminazione Sottile, and Slim Aluminium. For more information visit: www.aluminium-closures.orgMundus ViniMundus Vini is an internationally recognized wine competition with an international jury delivering an independent, expert verdict on thousands of wines from around the globe. Wines are evaluated in accordance with the international 100-point scheme of the International Organisation of Vine and Wine (OIV), also recognised by the Union Internationale des Oenologues (UIOE). Please visit the webpage here for a detailed overview of the Summer Tasting 2018 results.Advertisement Linkedin Share ReddIt Facebook Pinterest Previous articleIf You Have to Assume…Make Positive AssumptionsNext article3-Tier Wine Symposium: Actionable Insights to Distribution Success Press Release Email TAGSAluminium Closures Group Twitterlast_img read more