Will the AstraZeneca share price be the largest FTSE 100 riser in 2021?

first_img Stuart Blair | Tuesday, 29th December, 2020 | More on: AZN “This Stock Could Be Like Buying Amazon in 1997” 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. Stuart Blair owns shares in Royal Dutch Shell. The Motley Fool UK has recommended Unilever. 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. Simply click below to discover how you can take advantage of this. See all posts by Stuart Blair 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. Will the AstraZeneca share price be the largest FTSE 100 riser in 2021?center_img 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. Under Pascal Soriot, the AstraZeneca (LSE: AZN) share price has seen tremendous growth. In fact, in 2012 the share price was 3,000p, yet it saw highs of 9,600p in July this year. As such, the pharmaceutical company has, for a certain period of time, seen its market capitalisation overtake both Royal Dutch Shell and Unilever to top the FTSE 100.But the past few months have been less favourable for the company. In fact, after news of its deal to buy Alexion for £29bn, its share price has fallen to 7,550p. This fall may be unjustified, however. Soriot believes the acquisition will aid the company in its growth over the next few years and allow it to regain its spot at the top of the FTSE 100. As such, as we head into 2021, are AstraZeneca shares the perfect buy? Yes and no!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…The deal to buy AlexionDespite the success of Soriot’s tenure, he’s not immune to criticism and came in for a lot of it over the decision to buy Alexion. Much of this revolved around overpayment. The offer price of $175 a share was at a 45% premium to Alexion’s closing price on the day. The firm is therefore now making its largest-ever acquisition and is required to secure a $17.5bn loan to help with payment. This will add to its already large debt pile — so no surprise that the AstraZeneca share price saw a 6% fall on the day the deal was announced.There’s also a question of necessity. AstraZeneca already has a powerful portfolio and pipeline of different drugs and revenues were expected to grow as much as 33% by 2024. There are worries that this acquisition may disrupt its growth and is an unnecessary distraction (and expense).But there are always two sides to the story. You see, there are also hopes that the deal could drive large gains in the AstraZeneca share price. Why? It will help AZN “enhance [its] presence in immunology”, while also strengthening cash generation. There are even reports the company could increase its dividend as a result. With a price-to-earnings ratio of under 10, Alexion was also fairly cheap in comparison to other pharma companies. As such, the acquisition could end up being a very shrewd move indeed.Will the AstraZeneca share price be the largest riser?Alongside this acquisition, there’s also plenty more news affecting the share price. For example, recent reports indicate the Oxford/AstraZeneca vaccine is to be approved in the UK within days. Although Soriot has agreed to supply the vaccine at cost price during the pandemic, meaning that the company will get no initial profits, this is still good news for its reputation and potential future profits.Recently, AstraZeneca also released news that cancer drug Lynparza received approval from Japan’s regulator. This should also help boost profits.As such, I believe that the AstraZeneca share price will rise in 2021 due to its enviable selection of various drugs and more-than-competent leadership. Although I’m not convinced by the deal to buy Alexion, AZN’s subsequent share price drop offers an opportunity to buy at a more reasonable price.But to answer the question in the title of this piece, I don’t think it will be the largest riser in the FTSE 100 next year. For bigger gains, I’d consider either oil or bank stocks instead. Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images Enter Your Email Addresslast_img read more

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2021-07-05

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The Sanne Group share price jumped 21% on Friday. Should I buy the stock now?

first_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. Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! During a week when most stocks were trending lower, the Sanne Group (LSE:SNN) share price was shooting higher. To be more exact, the FTSE 250 stock jumped 21% on Friday. Jumps like this usually catch my eye, as something significant must have happened. Given that it was a sizeable move in a positive direction, this leads me to think that it could be a worthy investment. But before I get ahead of myself, I need to investigate further.What is Sanne Group?Sanne Group is a provider of fiduciary services to financial companies. Although it falls under the category of asset management, it’s not an asset manager for retail clients like me. Rather, it provides administrative and other asset management services to alternative investors. These include private equity companies, hedge funds and private debt businesses.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…The company had over £465bn of assets under management as of the release of the 2020 annual report. Sanne can make money either from servicing current funds better (leading to higher inflows), or if a client launches a new fund. It charges fees for the services it provides on the assets, so there’s a correlation between higher revenue and higher assets.Why did the Sanne Group share price jump?There was one reason for the large jump in the Sanne Group share price on Friday. The company announced that it was rejecting an offer from Cinven to be bought out.A rejection of an offer might initially seem a negative thing. However, it shows that the management team has confidence in the current trajectory of the company. What was interesting about the offer from Cinven (a private equity firm), was the offer price of 830p. For much of the past year, the Sanne Group share price was trading around the 600p mark. It did register highs around 700p last August, but nowhere near 830p. It’s around 720p as I write, down slightly on Monday.Clearly, Cinven feels the company is worth 830p, hence the offer. So naturally the share price jumped as investors could see a clear divide between the current price and the Cinven valuation.Could the price jump further?Cinven has until June 11 to make another offer, based on the rules around these matters. I think this is another reason why the Sanne Group share price has jumped. If I believed Cinven would make another higher offer, then I could make a profit here. If the offer gets accepted and the company gets taken private, I’d receive the payment at the offer price. So there’s a possibility of making a profit from buying now and then selling if and when a deal is agreed. But I’m an investor, not a trader and believe buying for that reason alone is risky. You see, if Cinven doesn’t offer more, then Sanne Group could be back to where it was initially. So would I invest in it as a long-term play? The company is profitable (with a pre-tax profit of £20.5m last year) so I think it can survive on its own. Yet the share price may fall back to the previous range if future results don’t match the outlook potential buyers had put on it. Either way, it’s too much of a gamble for me. I won’t be buying the shares. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Jonathan Smith Simply click below to discover how you can take advantage of this. Image source: Getty Images center_img Our 6 ‘Best Buys Now’ Shares 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. jonathansmith1 has no position in any of the shares mentioned. The Motley Fool UK has 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. The Sanne Group share price jumped 21% on Friday. Should I buy the stock now? Jonathan Smith | Monday, 17th May, 2021 | More on: SNN 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.last_img read more

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2021-07-05

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Coup bodes ill for media regardless of outcome

first_img Organisation to go further Follow the news on Honduras News HondurasAmericas April 27, 2021 Find out more May 13, 2021 Find out more News RSF_en Receive email alerts Reporters Without Borders fears that the hostility of those who staged the coup against President Manuel Zelaya on 28 June and Zelaya’s announced return could further aggravate the press freedom situation. The military’s already significant level of censorship of the international media and national media that oppose the coup has been compounded by the excesses of the media that back it.“We fear more news blackouts will be imposed on part of the press for the sole reason that it used the term ‘coup d’état’ in the first few hours after President Zelaya’s removal,” Reporters Without Borders said. “The de facto government’s promise to arrest Zelaya on his return could also trap those media that plan to cover his return.”The press freedom organisation added: “We can no longer ignore the attitude of certain anti-Zelaya media that are taking the same line as those ousted Zelaya, namely that there has not been any coup. This editorial position has serious jeopardised the safety of reporters and photographers employed by these media during the recent demonstrations and could later lead to a witch-hunt.”Deposed by the army on 28 June and flown to Costa Rica, Honduras’ democratically-elected president had originally planned to return to Honduras tomorrow accompanied by other Latin American presidents such as Cristina Fernández of Argentina and Rafael Correa of Ecuador.But Zelaya postponed his return after the new Honduran authorities threatened to arrest him and the Organisation of American States today gave them 72 hours to restore Zelaya to office. The de facto government has meanwhile extended the curfew by a week, which severely limits the media’s ability to cover developments.Some TV stations such as Canal 8 (which is state-owned), Canal 6 and Canal 11 have resumed broadcasting but their coverage of the coup is either closely controlled or non-existent (see the latest details of the media blackout measures on the Reporters Without Borders website). The censored international TV stations – Telesur and CNN – can only be accessed on the Internet. Telesur and Associated Press representatives have been arrested. Some pro-Zelaya journalists such as Esdras Amado López of Canal 36 have had to go into hiding. Others, such as Eduardo Maldonado of Maya TV, have requested political asylum. The military crackdown has spared media that support the de facto government such as the radio stations HRN, Radio Cadena Voces and Radio América, the TV stations Canal 5 and Canal 10 and the dailies La Prensa, El Heraldo and La Tribuna. These media have incurred the wrath of much of the population.center_img RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” HondurasAmericas Reports 2011-2020: A study of journalist murders in Latin America confirms the importance of strengthening protection policies RSF begins research into mechanisms for protecting journalists in Latin America July 1, 2009 – Updated on January 20, 2016 Coup bodes ill for media regardless of outcome Help by sharing this information News December 28, 2020 Find out morelast_img read more

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2021-06-12

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Prominent journalist gets death-threat texts

first_img Receive email alerts The 2020 pandemic has challenged press freedom in Africa News July 3, 2020 Find out more Joint letter to Mozambique’s president about journalist’s disappearance November 27, 2020 Find out more MozambiqueAfrica to go further Mozambique: Case of missing Mozambican journalist referred to UN RSF_en Follow the news on Mozambiquecenter_img News May 22, 2010 – Updated on January 20, 2016 Prominent journalist gets death-threat texts Help by sharing this information News April 28, 2020 Find out more Organisation Reporters Without Borders today condemned death threats sent by text to Salomao Moyana, editor of the weekly Magazine Independente, published in the capital, Maputo. Moyana has received several threatening text messages since 18 May and although anonymous they are clearly from supporters of the opposition political party the Mozambican National Resistance Movement (Renamo), the worldwide press freedom organisation said.The threats follow the publication of an editorial written by Moyana in which he criticised the “political inconsistency” of party leader Afonso Dhlakama, who refuses to recognise the legitimacy of Renamo deputies sitting in parliament without his prior agreement. The journalist also wrote about the leader’s private life.Reporters Without Borders has learned of the content of some of the messages which include: “You go around insulting Afonso Dhlakama and you think you can destroy his image”, “You write shit and you think that we’re fools”, “We are tired of you… We will beat you. We will look for you to beat you like you never seen in your life” and so on.“The Mozambican police criminal investigation department has been informed of these threats against the journalist and have promised him they will investigate this case. We support the step taken by Salomao Moyana and call on the police to carry out a thorough investigation,” the worldwide press freedom organisation said. “We fear that these threats could be carried out, particularly since Moyana has already been targeted on 20 May, when his car was vandalised outside his home,” the organisation said.The Mozambican section of the Media Institute of Southern Africa (MISA) has also publicly condemned the threats against the editor. Reports MozambiqueAfrica last_img read more

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2021-06-12

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Pasadena Unified College and Careers Showcase Takes Place October 9

first_imgEducation Pasadena Unified College and Careers Showcase Takes Place October 9 At the Pasadena Convention Center, 4:00 p.m. to 8:00 p.m. From STAFF REPORTS Published on Friday, October 4, 2013 | 2:50 pm Business News Top of the News More Cool Stuff Subscribe College Fair & Career Fair 2012 photosThe Pasadena Unified School District (PUSD) in partnership with the Pasadena Educational Foundation invites students and families to attend the 2013 College Fair & Career Pathways Showcase Wednesday, October 9 from 4 p.m. to 8 p.m. at the Pasadena Convention Center. The event will include a college fair, seminars and student career portfolio showcase. The event is free and open to the public, serving as a forum for students and families to become better acquainted with the educational and extracurricular opportunities that participating institutions can offer.The event will feature representatives from approximately 100 colleges, universities and technical schools. Financial aid and NCAA college athletics information will also be available. Additionally, high school community business partners such as the Armory Center for the Arts, Lockheed, JPL and the Light Bringer Project will be on hand to highlight projects PUSD students have accomplished in career academies.PUSD’s College and Career Pathways connect academics to real-world applications by integrating challenging instruction with a demanding project-based technical curriculum. Students explore the workplace, build experience and develop mentoring relationships with local businesses, government and nonprofits. High school academies include Arts, Entertainment and Media, Business and Entrepreneurship, Creative Arts and Design, Culinary Arts and Hospitality, Engineering and Environmental Science, Health Careers, Law and Public Service and the App Academy (mobile, web and game development). Students apply to academies during PUSD’s open enrollment period which takes place in January.“This event is an opportunity for families to create a road map for their child’s future,” said PUSD Superintendent Jon R. Gundry. “The earlier the better when it comes to students and families thinking about college and career.”To see a list of participating colleges and business partners see the attached document or visit www.pasedfoundation.org/parentsstudents/passport-to-college-and-careers/ Community News Your email address will not be published. Required fields are marked * Herbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeauty Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community Newscenter_img 0 commentsShareShareTweetSharePin it Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena First Heatwave Expected Next Week Make a comment Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Name (required)  Mail (required) (not be published)  Website  faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,PCC – EducationVirtual Schools PasadenaDarrell Done EducationHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDSlast_img read more

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2021-06-12

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Pets of the Week at the Pasadena Humane Society

first_imgMocha (A396606) is a 2-year-old, neutered male, miniature Pinscher. This tri-colored short-haired pup enjoys being petted and walks well on a leash. He is very shy and warms up slowly to new people. After he has a chance to get to know you, however, he’ll love being at your side and will grow into a loyal companion.The adoption fee for dogs is $125, which includes the spay or neuter surgery, microchip, and vaccinations.New adopters will receive a complimentary health-and-wellness exam from VCA Animal Hospitals, as well as a goody bag filled with information about how to care for your pet.Call the Pasadena Humane Society & SPCA at (626) 792-7151 to ask about A396606, or visit at 361 S. Raymond Ave. in Pasadena. Adoption hours are 11 a.m. to 4 p.m. Sunday; 9 a.m. to 5 p.m. Tuesday through Friday; and 9 a.m. to 4 p.m. Saturday.Pets may not be available for adoption and cannot be held for potential adopters by phone calls or email. Directions and photos of all pets can be found at pasadenahumane.org. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Your email address will not be published. Required fields are marked * Make a comment faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Subscribe top box 9 Pets of the Week at the Pasadena Humane Society From STAFF REPORTS Published on Wednesday, June 15, 2016 | 5:03 pm Top of the News Here are the Pets of the Week available for adoption at the Pasadena Humane Society this week:Sweet Daisy (A398742) is a 4-year old, spayed female, shorthair tabby with a penchant for head rubs and playing. Daisy loves to sprawl out on the floor while batting a toy around. She also loves attention, and is more than happy to curl up into your lap for a good petting.The adoption fee for cats is $70 (or two for $85), which includes the spay or neuter surgery, microchip, and vaccinations.New adopters will receive a complimentary health-and-wellness exam from VCA Animal Hospitals, as well as a goody bag filled with information about how to care for your pet.Call the Pasadena Humane Society & SPCA at (626) 792-7151 to ask about A398742, or visit at 361 S. Raymond Ave. in Pasadena. Adoption hours are 11 a.m. to 4 p.m. Sunday; 9 a.m. to 5 p.m. Tuesday through Friday; and 9 a.m. to 4 p.m. Saturday.Pets may not be available for adoption and cannot be held for potential adopters by phone calls or email. Directions and photos of all pets can be found at pasadenahumane.org. More Cool Stuff Name (required)  Mail (required) (not be published)  Website  Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Herbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyA Dark Side Of Beauty Salons Not Many People Know AboutHerbeautyHerbeautyHerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty9 Of The Best Metabolism-Boosting Foods For Weight LossHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeauty 0 commentsShareShareTweetSharePin it Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Business News Community News First Heatwave Expected Next Week Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m.last_img read more

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2021-06-12

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Newcastle West residents hold their breath

first_imgPrint Email NEWCASTLE West locals are holding their breath this week, hoping that the “gaseous odour” that has filled the air sporadically for a number of years, will finally leave for good.A smell, described as “noxious” by residents, has been plaguing the town on and off since 2000 and in recent months has been forcing the closure of businesses, while some residents have said it is effecting their health.Sign up for the weekly Limerick Post newsletter Sign Up Cllr Patrick O’Donovan told the Limerick Post this week that the “stink” is still prevalent in the town and that he will write to the HSE and the Environmental Protection Agency (EPA) to lodge formal complaints about the matter.The County Council has spent substantial resources and time in efforts to discover the cause of the odour, with local engineer Jim Condon having told this newspaper:“We’ll keep investigating it until we get to the bottom of the cause – something is getting .into the system that is not normal waste, because it’s not a sewage smell but a gas smell”.Another sewage problem has been occurring on the outskirts of the town, at Castleview House, where owner John O’Brien had to contend with raw sewage flowing from a manhole outside his house, under the gate and toward his front door.“It’s absolutely disgusting”, John told the Limerick Post.“People have been running their cars through it and so it gets spread along the street. It’s extremely unhygienic”.After numerous investigations by the council, the problem now seems to be at bay, but John is reluctant to assume the best.“I have a feeling they found something down there and didn’t tell me. If it comes back I will definitely be straight on to the council again for a permanent solution. This is not acceptable”. Linkedin NewsLocal NewsNewcastle West residents hold their breathBy admin – May 26, 2010 611 WhatsAppcenter_img Facebook Twitter Advertisement Previous articleBallyvaughan to welcome historic tall ship – full of wineNext articleGun seized and four arrested after Gardai ram car adminlast_img read more

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2021-06-04

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Supporting the Marathon Mission

first_imgWhatsApp Twitter NewsLocal NewsSupporting the Marathon MissionBy Alan Jacques – February 7, 2014 906 THE Great Limerick Run is getting behind ‘Marathon Mission’, a programme set up by the Dublin Marathon and Athletics Ireland with the aim of improving the standard of competitive marathon running in Ireland.The programme was set up to nurture an environment for Irish marathoners that will lead to Irish runners qualifying for and competing with distinction in major championships including the Olympics and being competitive on an annual basis in the Dublin Marathon. The programme is now being fostered as part of the Barrington’s Hospital Great Limerick Run.Sign up for the weekly Limerick Post newsletter Sign Up Great Limerick Run director John Cleary commented, “This programme really works and is producing top-class marathon runners. We believe in what Dublin Marathon are doing to produce quality marathon runners and we are excited to  be involved in this initiative.”“The Great Limerick Run is not in competition with the Dublin Marathon. In fact, not only are we not in competition but we are now able to assist each other. We are committed to Dublin Marathon’s Marathon Mission,” he added.Marathon Mission has already proved a huge success in Ireland. Clare athlete Sean Hehir, winner of last year’s Dublin Marathon, was an advocate of the programme. Hehir is also the first Irish man to win the race since John Treacy in 1993. In the previous two decades the race had been won 11 times by a Kenyan runner, twice by a Russian and Ukrainian, and once by a South African, an Ethiopian, a Scot, and a Welshman.This year, in recognition and support of top athletes participating in the Great Limerick Run a new time bonus prize has been introduced. Time bonuses will be awarded in addition to any prize money and are aimed at encouraging and supporting athletes to make the Great Limerick Run 2014 their personal best marathon.Dublin Marathon elite-athlete co-ordinator Eugene Coppinger’s ‘Let’s Get Started’ training blog is available online at www.greatlimerickrun.com. Facebook Previous articleBurglar jailed after found hiding in wardrobeNext articleEducational apartheid needs to be addressed Alan Jacqueshttp://www.limerickpost.ie Print Linkedin Advertisement RELATED ARTICLESMORE FROM AUTHORcenter_img TAGSAthletics IrelandBarrington’s Hospital Great Limerick RunDublin MarathonMusic Limerick New Music: 40Hurtz Celebrating a ground breaking year in music from Limerick #SaucySoul: Room 58 – ‘Hate To See You Leave’ Emma Langford shortlisted for RTE Folk Award and playing a LIVE SHOW!!! this Saturday #HearThis: New music and video from Limerick rapper Strange Boy Watch the streamed gig for Fergal Nash album launch Emaillast_img read more

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2021-06-04

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Wells Fargo & Company Announces Pricing of Tender Offers by Its Wholly-Owned Subsidiary

first_img $1,033.64 N/A 0.125% U.S.Treasury NotesdueJan. 31, 2023 Local NewsBusiness $1,200,000,000 FixedSpread(BasisPoints) (3) N/A SAN FRANCISCO–(BUSINESS WIRE)–Feb 12, 2021– Wells Fargo & Company (NYSE: WFC) today announced the consideration applicable to certain securities included in the previously announced cash tender offers (the “Offers”) by Wells Fargo Securities, LLC (“Wells Fargo Securities”), an indirect wholly-owned subsidiary of Wells Fargo & Company, to purchase up to $6,400,000,000 combined aggregate principal amount (the “Maximum Tender Amount”) of the 11 series of Wells Fargo & Company securities listed in the table below (each, a “Series of Securities,” and collectively, the “Securities”). The Offers are being made solely pursuant to the Offer to Purchase dated Jan. 29, 2021 (the “Offer to Purchase”), as amended in the manner described in the press release dated Feb. 12, 2021 that was released by Wells Fargo & Company earlier today (the “Amendment”). The Amendment also provides the initial results of the Offers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210212005494/en/ Financial documents (Graphic: Wells Fargo) The 3.069% Notes due Jan. 24, 2023; the 2.625% Notes due July 22, 2022; the 3.50% Notes due March 8, 2022; the Fixed-to-Floating Rate Notes due Oct. 30, 2025; the 3.30% Notes due Sept. 9, 2024; and the 3.00% Notes due Feb. 19, 2025 are referred to collectively as the “Fixed Spread Securities.” The applicable total consideration offered per $1,000 principal amount of each series of Fixed Spread Securities validly tendered by 5:00 p.m., New York City time, on Feb. 11, 2021 (the “Early Tender Deadline”) and accepted for purchase pursuant to the applicable Offer shall be the “Fixed Spread Total Consideration” determined in the manner described in the Offer to Purchase. The reference yield listed in the table below is based on the bid-side price of the reference security as quoted on Bloomberg Reference Page FIT1 at 10:00 a.m., New York City time, today, as described in the Offer to Purchase. N/A Title ofSecurity N/A (1) 3.50% Notesdue March 8,2022 Twitter N/A $2,500,000,000 N/A N/A PrincipalAmountOutstanding 0.111% N/A 0.111% WhatsApp N/A N/A N/A N/A N/A Subject to the Maximum Tender Amount, the Tender Caps (as applicable), and proration, the principal amount of each Series of Securities accepted for purchase in the Offers will be determined in accordance with the applicable acceptance priority level (the “Acceptance Priority Levels”). $1,080.21 3.00% Notesdue Feb. 19,2025 949746SJ1 6 0.184% +5 bps U.S. TreasuryReferenceSecurity N/A $1,025.98 N/A By Digital AIM Web Support – February 12, 2021 N/A The Floating Rate Notes due July 26, 2021; the Floating Rate Notes due Jan. 24, 2023; the Floating Rate Notes due May 24, 2021; the Floating Rate Notes due Aug. 10, 2021; and the Floating Rate Notes due Oct. 31, 2023 are referred to collectively as the “Fixed Price Securities.” The applicable total consideration offered per $1,000 principal amount of each series of Fixed Price Securities validly tendered by the Early Tender Deadline and accepted for purchase pursuant to the applicable Offer is the amount set forth in the table above under the heading “Fixed Price” for the corresponding Fixed Price Securities (the “Fixed Price Total Consideration,” and together with the Fixed Spread Total Consideration, the “Total Consideration”). Today’s pricing had no impact on the Fixed Price Total Consideration. Holders of Securities that are validly tendered after the Early Tender Deadline, but before 11:59 p.m., New York City time, on Feb. 26, 2021 (such date and time as the same may be extended, the “Expiration Date”), and that are accepted for purchase will receive only the applicable Total Consideration minus the applicable Early Tender Premium. The Fixed Price Total Consideration minus the Early Tender Premium is the “Late Fixed Price Tender Offer Consideration,” and the Fixed Spread Total Consideration minus the Early Tender Premium is referred to as the “Late Fixed Spread Tender Offer Consideration.” The Late Fixed Price Tender Offer Consideration and the Late Fixed Spread Tender Offer Consideration are referred to collectively as the “Late Tender Offer Consideration.” In addition, to the applicable Total Consideration or the applicable Late Tender Offer Consideration, holders whose Securities are purchased in the Offers will receive accrued and unpaid interest in respect of their purchased Securities from the last interest payment date for such Series of Securities to, but not including, the Settlement Date for such Series of Securities, payable on the Settlement Date. The Settlement Date is currently expected to be March 2, 2021. The Offers are being made pursuant to the Offer to Purchase, as amended by the Amendment, and are limited to the Maximum Tender Amount, subject to the Tender Caps, as applicable, and the Acceptance Priority Levels, as set forth in the table above, as well as proration procedures, as applicable. Wells Fargo Securities refers investors to the Offer to Purchase for the complete terms of the Offers, as amended by the Amendment. Wells Fargo Securities currently expects to accept for purchase 100% of the Securities validly tendered and not validly withdrawn for the Securities listed in the table above at Acceptance Priority Levels 1-4 and to accept Securities validly tendered and not validly withdrawn for the Securities listed in the table above at Acceptance Priority Level 5 on a pro rata basis. Wells Fargo Securities will determine the applicable proration factor as soon as practicable after the Expiration Date, and Wells Fargo & Company will announce the results of proration by press release. The principal amount of each Series of Securities listed in the table above at Acceptance Priority Levels 1-5 that are ultimately accepted for purchase will depend upon whether holders tender additional Securities after the Early Tender Deadline. Wells Fargo Securities does not expect to accept for purchase any of the Securities listed above at Acceptance Priority Levels 6-11. The Securities not accepted for purchase will be promptly credited after the Expiration Date to the account of the registered holder of such Securities with the Depository Trust Company. Securities tendered may no longer be withdrawn, except where additional withdrawal rights are required by law. There are no guaranteed delivery procedures in respect of the Offers. The Offers are conditioned upon the satisfaction of certain customary conditions described in the Offer to Purchase. The Offers are not conditioned upon the tender of any minimum principal amount of Securities. Subject to applicable law, Wells Fargo Securities may, in its sole discretion, waive any condition applicable to an Offer. Wells Fargo Securities may extend, terminate, withdraw, or otherwise amend an offer. Under certain conditions and as more fully described in the Offer to Purchase, Wells Fargo Securities may terminate an Offer before the Expiration Date. The Offers are open to all registered holders of Securities. A beneficial owner of Securities that are held of record by a broker, dealer, commercial bank, trust company, or other nominee (each, a “Custodian”) must instruct such Custodian to tender such Securities on the beneficial owner’s behalf in a timely manner. Beneficial owners should be aware that a Custodian may establish its own earlier deadline for participation in an Offer. D.F. King & Co., Inc. is serving as the tender agent and information agent. Requests for documents may be directed to D.F. King & Co., Inc. by telephone at 212-269-5550 (banks and brokers) or 1-877-283-0318 or email at [email protected] Questions regarding the Offers may be directed to Wells Fargo Securities at 704-410-4759 or collect at 1-866-309-6316 or email at [email protected] This press release is for informational purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell any Securities. The Offers are being made only pursuant to the Offer to Purchase. The Offers are not being made to holders of Securities in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky, or other laws of such jurisdiction. None of Wells Fargo Securities, Wells Fargo & Company, the Tender Agent, the Information Agent, the trustee, the paying agent, or any of their respective affiliates or boards of directors makes any recommendation in connection with the Offers. Please refer to the Offer to Purchase for a description of terms, conditions, disclaimers, and other information applicable to the Offers. About Wells Fargo Wells Fargo & Company is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle market companies in the U.S. We provide a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management. Wells Fargo ranked No. 30 on Fortune’s 2020 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News Release Category: WF-CF View source version on businesswire.com:https://www.businesswire.com/news/home/20210212005494/en/ CONTACT: Media Ancel Martinez, 415-222-3858 [email protected] Relations Tanya Quinn, 415-396-7495 [email protected] KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: BANKING PROFESSIONAL SERVICES FINANCE SOURCE: Wells Fargo & Company Copyright Business Wire 2021. PUB: 02/12/2021 02:50 PM/DISC: 02/12/2021 02:51 PM http://www.businesswire.com/news/home/20210212005494/en 0.484% (3) $300,000,000 $225,000,000 11 0.125% U.S.Treasury NotesdueJan. 31, 2023 ReferenceYield Floating Rate Notesdue Aug. 10,2021 N/A 2 94974BGA2 $1,010.68 $250,000,000 N/A Floating Rate Notes due Jan. 24,2023 5 +45 bps 8 $2,500,000,000 N/A 0.375% U.S.Treasury NotesdueJan. 31, 2026 949746SL6 4 Facebook N/A $1,004.86 Per $1,000 principal amount of Securities validly tendered (and not validly withdrawn) and accepted for purchase pursuant to the Offers on or prior to the Early Tender Deadline and includes the Early Tender Premium of $30 per $1,000 principal amount of each Series of Securities (the “Early Tender Premium”). $200,000,000 0.125% U.S.Treasury NotesdueJan. 15, 2024 $45,000,000 $3,750,000,000 $1,002.30 N/A N/A Fixed Price(3) $1,017.38 0.111% FixedSpreadTotalConsideration (3) 949746SF9 Tender Cap (1) $3,750,000,000 N/A 3.069% Notesdue Jan. 24,2023 95000U2B8 Previous articleResolve to manage your weight in 2021Next articleFifth Third Executive Vice President Joins National Urban League Board of Directors Digital AIM Web Support 0.125% U.S.Treasury NotesdueJan. 31, 2023 Fixed-to-Floating RateNotes due Oct. 30,2025 95000U2H5 $1,250,000,000 949746RZ6 7 $1,056.56 +65 bps $1,250,000,000 949746SK8 $2,250,000,000 N/A +7.5 bps 2.625% Notesdue July 22,2022 Pinterest Floating RateNotes due July 26,2021 0.184% $1,004.51 N/A $1,034.88 $1,092.64 94974BGH7 CUSIPNumber Floating Rate Notesdue May 24,2021 Pinterest Twitter $150,000,000 0.125% U.S.Treasury NotesdueJan. 15, 2024 WhatsApp +0 bps +45 bps Floating RateNotes due Oct. 31,2023 3.30% Notesdue Sept. 9,2024 9 $200,000,000 $60,000,000 N/A $2,000,000,000 1 94974BFC9 N/A 10 Each tender cap (the “Tender Caps”) set forth in the table above represents the combined maximum aggregate principal amount of such Series of Securities that will be purchased pursuant to an Offer. (2) $3,000,000,000 Facebook N/A 3 Accept-ancePriorityLevel (2) 949746SB8 N/A N/A Wells Fargo & Company Announces Pricing of Tender Offers by Its Wholly-Owned Subsidiary TAGS  last_img read more

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2021-06-02

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Printpack Williamsburg Receives the Virginia ‘Star’ Designation Under the Virginia Department of Labor and…

first_img Twitter TAGS  By Digital AIM Web Support – March 4, 2021 Facebook WhatsApp RICHMOND, Va., Feb. 12, 2021 (SEND2PRESS NEWSWIRE) — Commissioner C. Ray Davenport announced today that Printpack in Williamsburg, Virginia, has been approved as a Virginia STAR Worksite under the Virginia’s Occupational Safety and Health (VOSH) Voluntary Protection Programs (VPP), the agency’s highest level of recognition for excellence in safety and health management systems. “This outstanding achievement in occupational safety and health has come through the dedication and hard work of Printpack Williamsburg employees and management. I commend Printpack for embracing the cooperative spirit of VPP, and congratulate them on their hard-earned certification as a Virginia STAR Worksite,” said Commissioner Davenport. Printpack’s commitment to providing a safe and healthy workplace for its employees is demonstrated by its low injury and illness rates. The Williamsburg facility has a total three-year average for the TCIR (Total Case Incident Rate for injuries and illnesses) of 1.31 compared with a Bureau of Labor Statistics (BLS) national rate of 3.8, representing a TCIR rate 66% lower than the national average for the industry. The site’s three-year average DART rate (Days Away, Restricted, or Transferred injury and illness cases) is 0.49, compared with the 2.3 national rate, which is 79% below the national average for the industry. As part of the recognition for achieving Virginia STAR status under VPP, the worksite is entitled to fly the Virginia “STAR Worksite” flag. The Printpack facility is the only STAR Worksite in Virginia and is one of six Printpack VPP STAR sites currently in the United States. VPP includes two levels of participation, Merit and STAR, with Virginia STAR being the highest. Similar voluntary protection programs are conducted in other states across the country. The process for reaching Virginia STAR status is extensive to ensure that only the very best companies qualify. Since the inception of Virginia STAR in 1996, only 73 STAR worksites have been recognized, and only 36 Virginia companies currently retain the STAR designation. Printpack’s site has set a standard of excellence that is second to none. In Virginia VPP, a cooperative relationship is formed between the VOSH program, the employer, and the employees which include the agreement of company leaders to operate exceptional safety and health management systems that meet a rigorous set of occupational safety and health criteria. Employers agree to voluntarily participate in the program and to directly involve employees in all aspects of the company’s safety and health management systems. Requirements include an extensive application process, submission of written safety and health policies and procedures, demonstration of successful implementation of those programs through injury and illness rates that are below the national average for the employer’s industry, and an intensive weeklong inspection by a team of VPP experts. Virginia businesses that participate in VPP substantially improve safety and health protections for thousands of Virginia employees through cooperative efforts to reduce injuries, illnesses, and fatal accidents. VPP STAR sites regularly report decreased bottom line costs associated with dramatically reduced injury and illness rates (an average of approximately 50% below the respective industry average), and improved productivity and employee morale. Reducing private sector employer costs associated with injuries, illnesses, and fatal accidents enhances a company’s economic viability and competitiveness, and increases available capital for reinvestment, expansion, and new hiring. DOLI operates six recognition programs. These include: – Virginia STAR is a cooperative relationship between the VOSH program, the employer, and the employees that include the agreement of company leaders to operate exceptional safety and health management systems that meet a rigorous set of occupational safety and health criteria. Participating employers agree to voluntarily participate in the program and to directly involve employees in all aspects of the company’s safety and health management systems. Requirements include an extensive application process, submission of written safety and health policies and procedures, demonstration of successful implementation of those programs through injury and illness rates that are below the national average for the employer’s industry, and an intensive weeklong inspection by a team of VPP experts. – Virginia BEST (Building Excellence in Safety, Health and Training) is a strategic partnership between the DOLI and the Associated General Contractors of Virginia ( AGCVA ) that recognizes AGCVA members who voluntarily implement highly effective safety and health management systems to benefit construction workers and reduce or eliminate injuries, illnesses, and fatalities on construction sites in Virginia. – Virginia BUILT is a new strategic partnership between the DOLI and the Associated Builders and Contractors of Virginia ( ABCVA ) and is designed to encourage and recognize  ABC-VA  members who voluntarily implement highly effective safety and health management systems to benefit construction workers and reduce or eliminate injuries, illnesses, and fatalities on construction sites in Virginia. The Virginia BUILT program incorporates the ABC STEP program  (Safety Training Evaluation Process)  as the gateway to participation in Virginia BUILT. – Virginia CHALLENGE is a formal three-stage recognition program that dramatically improves safety and health at the worksite and prepares the company to apply for Virginia STAR recognition. – VOSH–VADOC CHALLENGE is a strategic partnership between the DOLI and the Virginia Department of Corrections (VADOC) to recognize safety and health excellence at correctional facilities around the Commonwealth. Three stages of participation in VADOC Challenge prepare a site to apply for Virginia STAR recognition. Virginia has the only two correctional facilities in the nation to have received VPP STAR status, Augusta and Lunenburg Correctional Centers. Additional information can be obtained by contacting the DOLI office closest to you at www.doli.virginia.gov or contact Milford Stern, VPP Manager, at (540) 562-3580, ext. 123, or [email protected] – The Safety and Health Achievement Recognition Program (SHARP) recognizes businesses of 250 employees or fewer and is administered by the DOLI Consultative Services Division. Contact Tracy Michaud, Consultation Program Manager, at (804) 786-8707 or [email protected] DOLI offers free On-Site Consultation Services to help employers better understand and voluntarily comply with VOSH standards. Priority is given to high hazard workplaces with 250 or fewer employees and all services are offered to employers at no cost. On-Site Consultation Services helps employers identify and correct potential safety and health hazards by conducting walk-through surveys (without citations or penalties), abatement advice, on-site training, and program assistance to develop safety and health programs. Additional information about On-Site Consultation Services can be obtained by contacting the DOLI office closest to you at www.doli.virginia.gov or by contacting Tracy Michaud, Consultation Program Manager, at (804) 786-8707, or [email protected] The Virginia Occupational Safety and Health (VOSH) program is financed in part by a grant from the U. S. Department of Labor, Occupational Safety and Health Administration (OSHA), under §23(g) of the Occupational Safety and Health Act of 1970. The FFY21 Virginia State Plan is funded by a grant of $4,332,400 federal funds, which constitutes 50% of the State Plan budget excluding any state overmatch funds. Zero percent, or $0.00 of the State Plan budget, is financed through nongovernmental sources. The Virginia On-Site Consultation Cooperative Agreement program is financed in part by a grant from the U. S. Department of Labor, Occupational Safety and Health Administration (OSHA), under §21(d) of the Occupational Safety and Health Act of 1970. The FFY21 Virginia Consultation program is funded by a grant of $1,189,200 federal funds, which constitutes 90% of the Virginia Consultation program budget excluding any state overmatch funds. Zero percent, or $0.00 of the Virginia Consultation budget, is financed through nongovernmental sources. MEDIA CONTACT Jennifer Rose VOSH Cooperative Program Director 804-786-7776 [email protected] NEWS SOURCE: Virginia Department of Labor and Industry This press release was issued on behalf of the news source (Virginia Department of Labor and Industry) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: 68440 APDF-R8.2 © 2021 Send2Press®, a press release and e-marketing service of NEOTROPE®, Calif., USA. To view the original version, visit: https://www.send2press.com/wire/printpack-williamsburg-receives-the-virginia-star-designation-under-the-virginia-department-of-labor-and-industrys-doli-voluntary-protection-programs/ Disclaimer: This press release content was not created by the Associated Press (AP). Pinterest Twittercenter_img Pinterest Local News Printpack Williamsburg Receives the Virginia ‘Star’ Designation Under the Virginia Department of Labor and Industry’s (DOLI) Voluntary Protection Programs Facebook WhatsApp Previous articleUreeka Essential Series Helps Thousands of Black and Brown Entrepreneurs Boost RevenueNext articleUnited States Melanoma Market Report 2021: Epidemiology, Valuations and Forecast, Drugs Sales and Competitive Landscape 2017-2026 – ResearchAndMarkets.com Digital AIM Web Supportlast_img read more

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2021-06-02

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