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first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter International Game Technology (IGT) has reported a 5% year-on-year decline in group revenue for the first quarter of 2019, a result of lower revenue from gaming operations. International Game Technology (IGT) has reported a 5% year-on-year decline in group revenue for the first quarter of 2019, a result of lower revenue from gaming operations.Total revenue for the three months ended March 31, 2019 declined to $1.14bn. Of this sum, $991m was generated by service revenue – a 5% decline from Q1 2018 – and $153.9m from product sales, down 4% year-on-year.The majority of revenue was derived from IGT’s Italy business unit, which accounted for $437m of the total, down 10% year-on-year. This comprised $204m in lottery service revenue, with total lotto wagers up 5% from Q1 2018 to £2.14bn.Scratch & Win sales, meanwhile, were down marginally as a result of one fewer day of sales than in the prior year, though this was offset by an “exceptional” performance from IGT’s Multiplier games in the period.Italian gaming service revenue fell 20% to $153m, which IGT blamed in part on increased taxes on amusement with prizes (AWPs) and video lottery terminals (VLTs). This was offset to an extent by improved productivity of its gaming machines, with a 21% decline in the number of AWP units resulting in a decline of less than 2% in stakes.Revenue for IGT’s second largest unit, North American Lottery, was flat at $296m. Lottery service revenue remained stable at $241m, offset by a 13% decline in lottery product sales. However, the division benefited from an 8% increase in gaming revenue, albeit from a low base, to $41m.The North America Gaming & Interactive division, on the other hand, saw revenue slide 2% to $239m. This was down to a 6% drop in product sales, coupled with minor growth in gaming service revenue.Finally the International segment saw revenue fall 7% year-on-year to $172m. The division was hit by a $10m fall in gaming revenue to $81m.As of March 31, 2019 IGT’s total installed units were down 3% to 60,444 machines. In Q1 a total of 7,001 machines were shipped, up 20% year-on-year.“Our first-quarter results confirm the consistent growth profile of our global lottery business and the progress we’ve made in sales of gaming machines, where global unit shipments increased 20%,” IGT chief executive Marco Sala said.“The results of our Italy operations are also noteworthy, with further growth in lottery and resilient machine gaming performance.“As we look to the future, our focus remains on improving revenue and profits from gaming activities, innovating with new lottery games and technologies, and pursuing emerging growth opportunities.”Total costs for the quarter declined 4% to $966.8m, due to reduced costs of services and product sales-related expenses. Selling, general and administrative expenses were down 6% to $205.1m, while research and development costs fell to $66.1m.This left an operating profit of $178.2m, a 10% year-on-year decline. However, a foreign exchange gain of $58.6m saw IGT’s non-operational expenses decline from $201m in Q1 2018 to $45m. This ultimately resulted in the supplier posting a net profit of $40.3m for the quarter, a significant improvement on the prior year loss of $103.1m.Total revenue for the three months ended March 31, 2019 declined to $1.14bn. Of this sum, $991m was generated by service revenue – a 5% decline from Q1 2018 – and $153.9m from product sales, down 4% year-on-year.The majority of revenue was derived from IGT’s Italy business unit, which accounted for $437m of the total, down 10% year-on-year. This comprised $204m in lottery service revenue, with total lotto wagers up 5% from Q1 2018 to £2.14bn.Scratch & Win sales, meanwhile, were down marginally as a result of one fewer day of sales than in the prior year, though this was offset by an “exceptional” performance from IGT’s Multiplier games in the period.Italian gaming service revenue fell 20% to $153m, which IGT blamed in part on increased taxes on amusement with prizes (AWPs) and video lottery terminals (VLTs). This was offset to an extent by improved productivity of its gaming machines, with a 21% decline in the number of AWP units resulting in a decline of less than 2% in stakes.Revenue for IGT’s second largest unit, North American Lottery, was flat at $296m. Lottery service revenue remained stable at $241m, offset by a 13% decline in lottery product sales. However, the division benefited from an 8% increase in gaming revenue, albeit from a low base, to $41m.The North America Gaming & Interactive division, on the other hand, saw revenue slide 2% to $239m. This was down to a 6% drop in product sales, coupled with minor growth in gaming service revenue.Finally the International segment saw revenue fall 7% year-on-year to $172m. The division was hit by a $10m fall in gaming revenue to $81m.As of March 31, 2019 IGT’s total installed units were down 3% to 60,444 machines. In Q1 a total of 7,001 machines were shipped, up 20% year-on-year.“Our first-quarter results confirm the consistent growth profile of our global lottery business and the progress we’ve made in sales of gaming machines, where global unit shipments increased 20%,” IGT chief executive Marco Sala said.“The results of our Italy operations are also noteworthy, with further growth in lottery and resilient machine gaming performance.“As we look to the future, our focus remains on improving revenue and profits from gaming activities, innovating with new lottery games and technologies, and pursuing emerging growth opportunities.”Total costs for the quarter declined 4% to $966.8m, due to reduced costs of services and product sales-related expenses. Selling, general and administrative expenses were down 6% to $205.1m, while research and development costs fell to $66.1m.This left an operating profit of $178.2m, a 10% year-on-year decline. However, a foreign exchange gain of $58.6m saw IGT’s non-operational expenses decline from $201m in Q1 2018 to $45m. This ultimately resulted in the supplier posting a net profit of $40.3m for the quarter, a significant improvement on the prior year loss of $103.1m. Tags: Mobile Online Gambling Casino & games IGT reports 2% decline in Q1 revenue Topics: Casino & games Finance Lottery Sports betting Regions: Europe US Southern Europe Italy Subscribe to the iGaming newsletter 20th May 2019 | By contenteditor Email Addresslast_img read more


first_imgHwange Colliery Company Limited (HCCL.zw) listed on the Zimbabwe Stock Exchange under the Mining sector has released it’s 2003 annual report.For more information about Hwange Colliery Company Limited (HCCL.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Hwange Colliery Company Limited (HCCL.zw) company page on AfricanFinancials.Document: Hwange Colliery Company Limited (HCCL.zw)  2003 annual report.Company ProfileHwange Colliery Company Limited extracts, processes and distributes raw coal and coal products in Zimbabwe and sub-Saharan Africa. The Hwange Coalfield and Chaba Mine are located in the north-western region of Zimbabwe; its head office is in the capital city, Harare. Hwange Colliery operates in three segments; mining, medical services and estate management. The Mining division operates in categories that include thermal coal, industrial coal and coking coal. The coke categories include foundry coke, metallurgical coke, coke peas and coke breeze. The by-products include benzole, tar naphthalene and coke oven gas. The Medical Services division manages a healthcare service for its employees and local communities in the mining areas. The estate management division provides and manages properties for rental and sells retail goods and services. Hwange Colliery Company Limited is listed on the Zimbabwe Stock Exchangelast_img read more


first_imgPeter Griffiths, previously Chair of John Grooms will be Vice Chair of the newly merged charity along with David Harmer who was previously Shaftesbury Society’s Chair of trustees and also briefly held office as the first chair of Grooms-Shaftsbury.Grooms-Shaftesbury has a turnover of around £50 million and over 2,000 staff. Royal patron for Grooms-Shaftesbury  61 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 4 July 2007 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Tagged with: Management Recruitment / people HRH The Princess Royal has agreed to be the Royal patron of newly-merged Christian disability charity Grooms-Shaftesbury. Baroness Howarth of Breckland will be its Chair of Trustees.Mary Bishop, CEO of the new organisation said: “We are immensely privileged that the Princess Royal has accepted our invitation to become Grooms-Shaftsbury’s first patron; she has had an active association with the Shaftesbury Society over the years and we are truly delighted that this relationship is able to continue through her work with Grooms-Shaftesbury.”Baroness Howarth, previously president of John Grooms and chief executive of Childline, is currently Vice-chair of the All-party Parliamentary Housing Care and Social Support Group. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more


first_imgNov. 3 — Cuban health care workers have played a leading role on the African continent for decades. The revolutionary government views its work in the fight against the Ebola Virus Disease as a manifestation of internationalism and solidarity with Africa.Hundreds of Cuban health care workers have recently been deployed to Liberia and Sierra Leone, two of the three countries that have been at the epicenter of the recent, widespread EVD outbreak, where many heroic local health care workers have risked and given their lives.In a surprising diplomatic twist, President Barack Obama’s administration noted the role of Cuban doctors and nurses in Liberia where they will work in a newly reconstructed treatment center. Samantha Power, U.S. ambassador to the United Nations, who often attacks and slanders Cuba, praised Cuba for its contribution to the fight against Ebola after her recent return from West Africa.Cuban health care workers set off to join Africans in the fight stop Ebola.Liberian President Ellen Johnson-Sirleaf inaugurated the first of 17 new Ebola Treatment Units that are being constructed with U.S. Agency for International Development  funds. At the ceremony on Oct. 31, in Congotown near the capital of Monrovia, Johnson-Sirleaf expressed her gratitude to the countries that have contributed to the project so far.Cuba aids international cooperationSome of the Cuban doctors and nurses who were sent to help this West African country will work at a field hospital now being built at the former location of the Liberian Defense Ministry and connected to the ETUs. The Cubans will be responsible for running this facility, the largest of the ETUs in Liberia, housing 200 beds. The Cuban government has noted that their health care workers start working there on Nov. 3.Ronald Hernandez Torres, a Cuban doctor now in Liberia, wrote on his Facebook page, “This unit has the best conditions for patient care and the best professionals from different countries working side by side.”  (Huffington Post, Nov. 3)Cuban health care workers have a long history of responding to natural disasters. In 2010, Cubans were first in establishing a field hospital in Haiti after the colossal earthquake. The Caribbean island-nation has also trained countless numbers of international medical personnel at the Latin American School of Medicine in Havana.Despite more than five decades of a U.S. blockade against Cuba, the revolutionary government is able to take a principled approach in cooperating with personnel sent by Washington in the battle against Ebola.Granma published an article on Oct. 19 by former President Fidel Castro, saying, “We gladly cooperate with American personnel in this task [combatting Ebola], and not in pursuit of peace between the two states that have been adversaries for many years but, in any case, for world peace.”EVD shifts in Sierra Leone to urban areasIn Sierra Leone, the growing outbreak of EVD has shifted from its rural eastern region to the urban areas, including Freetown, the capital.  Another physician died in the country on Nov. 2. Dr. Godfrey George reported that he was not feeling well and was transported from his workplace at the Kambia Government Hospital in the north to Freetown where he died.Four other doctors have died in Sierra Leone after treating EVD patients. These deaths take a tremendous toll there, since it is Sierra Leone’s medical personnel who are on the frontlines in the battle against the disease.Just four years ago, Sierra Leone had two physicians for every 100,000 residents. The country underwent a 10-year civil war — from which it is only beginning to recover — as well as decades of colonialism and neocolonialism.A regional conference of the World Health Organization began in Benin on Nov. 3. The country, a former French colony in West Africa, has not reported any cases of the disease. International assistance in the campaign to defeat the Ebola outbreak was high on WHO’s agenda.Epidemic sets back economic recoveryDr. Margaret Chan, WHO director-general, stressed, “The Ebola epidemic has set back political stability and economic recovery in the afflicted countries of Sierra Leone, Guinea and Liberia.” It has taken a “heavy toll on frontline domestic medical staff.” (Associated Press, Nov. 3)Guéckédou, a town in the southern part of Guinea, on the border with Sierra Leone and Liberia, is where this EVD outbreak is said to have originated. Anthony Banbury, envoy for the U.N. Mission for Ebola Emergency Response, said the number of cases in the area had decreased significantly.“The first case of Ebola, in December 2013, was just down the road from here, so I was very interested and coming and seeing the situation on the ground for myself. … Happily, the number of cases in Guéckédou has gone down a lot,” commented Banbury. “Transmissions are declining and the number of cases” in the area are nearly zero. He said even though there are cases outside the town, “there’s been good progress made over these past months.” (U.N. News Centre, Nov. 1)However, Elisabeth Faure, Guinea’s director of the World Food Program, who is also working in the field there, paints another picture of developments inside the country.  She said that her agency is now helping to build Ebola treatment centers and is transporting medical personnel and equipment to these facilities.“We’ve seen several waves, with the number of cases increasing and then declining and increasing and declining again,” Faure said. “But we’re now in a kind of third peak — by far the highest peak — with the highest number of cases since the epidemic started in Guinea.” (Guardian, Oct. 30)Despite the international attention focused on the three African states most severely impacted by the epidemic, there are still not enough resources being directed to the most distressed areas. Solidarity and human rights organizations in the Western industrialized states must demand that these governments provide the necessary medical personnel, medications and protective gear critically needed to successfully fight and eradicate Ebola.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more


first_imgLatest Stories Remember America’s heroes on Memorial Day Next UpRequests for assistance from the Salvation Army are up slightly but the center is not able to provide as much assistance as in the past.“We always have a large number of requests for assistance with rent and utility bills at this time of the year,” May said. “Assistance requests come from those who are out of work, from single parent homes and the elderly. We are doing what we can to help but we have not received any funding from the EFSP (Emergency Food and Shelter Program) this year so we are short in that area. Probably, most of the funds available through the EFSP went to disaster victims.”Every cloud has a silver lining and that silver lining for the Salvation Army was the donation of an RV by Homer and Barbara Homann of Brundidge.“The RV was in excellent condition with only 58,000 miles,” May said. “We sold it for $8,000 that went into our general fund and that was huge for us. Without that donation, we would be very limited in the assistance that we could provide.” Print Article Book Nook to reopen Sponsored Content By The Penny Hoarder Penny Hoarder Issues “Urgent” Alert: 6 Companies Are… Email the author Published 11:00 pm Wednesday, July 13, 2011 Troy falls to No. 13 Clemson Plans underway for historic Pike County celebration The Salvation Army Thrift Shop has all of its women’s clothing on sale.“It’s a ‘buy one, get one free’ sale in an effort to reduce the summer stock,” May said.“We have a good selection of clothes for women and girls and we invite the public to stop and shop for some of the best deals around. We depend on the sales in the Thrift Store for so many of the things that we do. We always appreciate saleable items and cash donations are always needed and appreciated.” In response to the recent burglary at the Salvation Army Service Center and Thrift Store in Troy, surveillance cameras are being installed in the store.Kim May, director of the local Salvation Army branch, said the cameras are being installed primarily as a deterrent to future break-ins and they will also be a discouragement to those who are “borrowing” items that are dropped off at the Thrift Store when the store is closed.“On Sundays, we often have people drop off items at the store,” May said. “Someone will come along and go through the items and take what they want and scatter the rest. So, the surveillance cameras will serve a dual purpose.”May said members of the Salvation Army’s advisory board provided the funding for the purchase of the cameras. By Jaine Treadwell Pike County Sheriff’s Office offering community child ID kits You Might Like ‘Battle of Hobdy’s Bridge’ retold John Phil McLaney and Justin Abercrombie were the program guests of Dixie Shehane at the Brundidge Rotary Club Wednesday. (Photo/Jaine… read more Salvation army adds cameras Around the WebDoctor: Do This Immediately if You Have Diabetes (Watch)Health VideosIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthBet You’re Pretty Curious About Jaden’s Net Worth Right About Now, HuhBradofoThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more


first_img The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Remember America’s heroes on Memorial Day Latest Stories By The Penny Hoarder Book Nook to reopen By Jaine Treadwell You Might Like Farm-City claims 2015 as ‘A Good Year’ The Pike County Farm-City Committee of the Pike County Chamber of Commerce put the lid on its 2015 calendar of… read more The Troy Arts Council offers six to seven arts programs in each of its calendar years. The programs are open to the public. Programs and performances for students are free.Vicki Pritchett, Johnson Center executive director, said she is thrilled with the grant funding from the State Arts Council because it will make it possible to bring a working artist to the Center for two weeks and also for the expansion of the center’s Tony Scott ArtBridges program.“With the grant funding, we will bring a San Francisco contemporary impressionist artist James Leonard to the center in the fall,” Pritchett said. “He will do demonstrations at Troy University and we will bring area students to The Studio for his demonstrations. He will also do an Art Talk for the public.”Pritchett said Leonard’s audiences will benefit from the sharing of his style of art. Leonard will also bring awareness to the importance of keeping his style of art alive.“ArtBridges is a summer workshop for teachers who want to learn how to integrate art into their classrooms,” Pritchett said. “During the school year, the participating teachers have the opportunity for the artist(s) to come into their classroom for a presentation. This grant will make it possible for us to expand the ArtBridges program to a greater extent outside Pike County.”ASCA makes grants to non-profit organizations, school, universities, cities and a wide range of community groups. The funds are matched by contributions from businesses, individuals, local government and earned income by the grantee. Arts programs, assisted by Council grants, have a track record of enhancing community development, education, cultural tourism and overall quality of life in virtually all regions of the state. Published 4:00 am Saturday, December 12, 2015 “The Pike Piddlers Storytelling Festival will celebrate its tenth year in January and we have the Alabama State Council on the Arts to thank. Without the council’s support and confidence, the festival would not have happened.”Bowden said the storytelling festival open the door for two other annual storytelling events at the We Piddle Around Theater.Dr. John Jinright, Troy Arts Council presenter chair, said the ASCA grant is vital to the council’s programming.“We couldn’t do what we do without the support from the Alabama State Council on the Arts,” Jinright said. “We are extremely appreciative of the council’s continuing support of our organization. The funds we receive help us bring nationally and internationally acclaimed artists to Troy and Pike County. We try to have an educational component for each program including workshops and performances for students. We make education a prior for everything we do.” Skip Pike County Sheriff’s Office offering community child ID kits Arts receive grants Print Article Troy falls to No. 13 Clemson Email the author Sponsored Content Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Plans underway for historic Pike County celebration Lawrence Bowden, Brundidge Historical Society president, said the State Council on theArts first gave its support to the Pike Piddlers Storytelling Festival 10 years ago.“ASCA took a chance on a storytelling festival in a town of 2,000 and, so far, more than 9,000 people have attended the Pike Piddlers Storytelling Festival and nearly 6,000 students have had an opportunity to hear nationally and internationally acclaimed storytellers weave magic with words. The Alabama State Council on the Arts (ASCA) announced Thursday the awarding of 118 grants totaling $368,938 in support of arts in education, folk art, community, literature, performing and visual arts programs for the period January 1, 2016 to September 30, 2016.Three Pike County arts organizations received grant funding totaling $20,085. The Brundidge Historical Society received grant funds in the amount if $4,500 for its annual Pike Piddlers Storytelling Festival.The Troy Arts Council’s grant award of $5,085 was for Pike County area arts programming. The Troy-Pike Cultural Arts Center received two grants, both in the amount of $5,250 for a total of $10,500. The grants were for Leonard: Interaction with Abstraction and the ArtBridges Teacher Development Workshop.last_img read more


first_img Pike County Sheriff’s Office offering community child ID kits Latest Stories Plans underway for historic Pike County celebration Email the author Book Nook to reopen By The Penny Hoarder Skip ELFIS VISITS NOBLE MANOR Print Article Remember America’s heroes on Memorial Day Published 4:00 am Wednesday, December 20, 2017 Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthBet You’re Pretty Curious About Jaden’s Net Worth Right About Now, HuhBradofoThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Nail-biting conclusion: Pike Liberal Arts Patriots fall to Glenwood in overtime The Pike Patriots led just once during their 59-57 overtime loss to Glenwood inside “The Oven” on Tuesday afternoon. Ethan… read more Troy falls to No. 13 Clemson A surprise visitor to Noble Manor Tuesday had the residents tapping their toes and singing along to the popular Christmas songs sung as only Elvis or Elfis can sing them. Elfis aka the Rev. Ed Shirley brought smiles all around as he performed a private dining room concert for the ladies and one gentleman. You Might Like 123PrevNextStartStop By Jaine Treadwell Sponsored Contentlast_img read more


first_imgdiegograndi/iStock(NEW YORK) — An upstate New York art foundry has been hired to repair the “Charging Bull” sculpture in Lower Manhattan after it was smashed and cut open by a man with a metal banjo.Polich Tallix, a fine art foundry located in Rock Tavern, is expected to begin the repairs at the end of the month when the sculpture’s artist, Arturo Di Modica, returns from Sicily, Arthur Piccolo, the chairman of the Bowling Green Association, told ABC News on Tuesday. Di Modica is a client of Polich Tallix.The bull was left with an 8-inch-long hole in its right horn and several scratch marks after the attack on Saturday.The estimated cost to repair the structure is between $10,000 and $15,000, the highest amount for a fix in the statue’s history, Piccolo said.“The most we’ve had is an occasional marking,” Piccolo said. “This is the first serious vandalism that the bull has experienced in 30 years.”He expects that someone from Polich Tallix will come down to see the damage this week.While Di Modica is disappointed by the damage, he doesn’t anticipate it will take long to repair.The bull, a famed 7,100-pound bronze statue, has made the Bowling Green park its home since Dec. 20, 1989, when it was installed as a work of guerrilla art.Piccolo expects all repairs and renovations on the statue to be done in October, well before the 30th anniversary celebration.Tevon Varlack, 42, has been arrested and charged in the incident, a spokesman for the New York City Police Department told ABC News.Varlack was allegedly seen “striking the ‘Charging Bull’ statue with a metal object,” later discovered to be a banjo made of metal with sharpened edges, the spokesman said.Varlack, from Houston, and his attorney could not be reached by ABC News.The news of Polich Tallix taking on the repairs was first reported by The Wall Street Journal.Copyright © 2019, ABC Radio. All rights reserved.last_img read more


first_imgThe government has opened a consultation on how its controversial property developer tax should work.Designed to help raise cash for the £5 billion cladding remediation fund ministers have set up following the outcry over the huge costs many leaseholders were due to face, the tax will be levied on all developers making profits of more than £25 million a year.The government says ‘it is right’ that house builders, who will benefit from the ‘restoration of confidence’ within the housing market by the fund, should help pay the significant costs associated with the removal of unsafe cladding.Announced in February, the tax will be UK-wide and be time limited to ten years.It is expected to raise £2 billion for the remediation fund.The tax as proposed will be dual and include a general tax on profits and also a ‘gateway’ tax for those applying to develop high-rise buildings.HM Treasury says the consultation is designed to settle on how these two tax measures will work, including whether conversions as well as new-build residential developments should be included.Financial Secretary to the Treasury Jesse Norman (pictured), says: “Ending the use of unsafe cladding is a priority for the government, as it builds back better from the pandemic.“Given the significant costs associated with the removal of unsafe cladding, it is right to seek a fair contribution from the largest developers in the residential property development sector to help fund it.”Read more about cladding. cladding remediation Jesse Norman property developers April 29, 2021Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Government takes next step towards controversial property developer tax previous nextRegulation & LawGovernment takes next step towards controversial property developer taxMinisters are asking property industry how best to tax companies building homes to help back its cladding remediation fund.Nigel Lewis29th April 20210394 Viewslast_img read more


first_img October 12, 2017 Back to overview,Home naval-today US naval oceanographers test UUV communication capabilities View post tag: UUV View post tag: US Navy US naval oceanographers test UUV communication capabilities US naval researchers recently demonstrated a new capability which would allow the communication of a submerged unmanned underwater vehicle (UUV) with a shore station through an unmanned surface vehicle (USV) as a communications relay.The US Naval Oceanographic Office (NAVOCEANO) remotely collaborated with the Naval Surface Warfare Center, Carderock Division, during the joint autonomous vehicle demonstration in Brookeville, Maryland, September 25-29.This integrated unmanned demonstration involved NAVOCEANO’s parent command, the Naval Meteorological and Oceanography Command (NMOC), and Carderock collaborating on autonomous bathymetry through missions run by NAVOCEANO from Mississippi and supervised by Carderock’s Autonomous Vehicle and Instrumentation Group (Code 8633) on station in the Triadelphia Reservoir near Maryland’s Brighton Dam.The two parties signed a memorandum of understanding (MOU) in August planning this collaborative autonomous demonstration using a kayak catamaran USV developed by the Autonomous Vehicle and Instrumentation Group and a Remus 100 UUV with side-scan sonar capability provided by NMOC, with the USV and remote shore station in Mississippi linked via satellite connection.“The purpose of this project is to demonstrate the capability of getting data status updates and mission re-direct commands between a submerged UUV and a remote shore station using a USV relay,” Rice said. “What we are offering them now is a more continuous communication path and ability to control and change the UUV’s mission via the USV, or have more constant updates of where the UUV is, what it’s doing and what its condition is.”The demonstration was carried out via preprogrammed missions in the reservoir, with the UUV running east to west and back taking oceanographic measurements in the reservoir for about a half hour while being autonomously trailed at a safe distance by the USV. The two vehicles communicated regularly via acoustic modem, with the USV providing guidance updates to the UUV and relaying UUV sensor data via satellite link to NMOC.Matt Greytak, a control systems engineer assigned to Carderock’s Ship Control Branch (Code 861), developed the USV autonomy algorithm used in the demonstration. After having worked on them for several years, he said these algorithms are advanced enough to support the USV autonomously with little to no human intervention, allowing the parties to achieve one of the MOU’s objectives of exploring the capabilities offered by employing a more maneuverable USV as support to the UUV, compared to using a slower USV in the past that couldn’t keep up with the UUV.Group member Ben Gordon said that while Carderock engineers supervised the demonstration for safety, the success of the demonstration proves this may not be necessary for future tests.“We’re here to coordinate missions and make sure the commands they (NMOC) send to the kayak are getting through, but once both parties have more experience with this system, it will almost be unnecessary for us to be here,” said Gordon, an electrical engineer assigned to Code 8633. “As it is, they’re starting the kayak, they’re sending and receiving data and everything is working the way we were hoping. And they’re doing all that from Mississippi.”According to Gordon, Carderock engineers developed the USV for a project for the Office of Naval Research for the purpose of tracking a submersible with a surface vehicle, as it is doing here. This demonstration added a direct acoustic link between the two vehicles and a satellite connection between the USV and shore station to previous methods, as well as the ability to send simple redirect instructions to the USV during the mission. View post tag: usv Share this article Authoritieslast_img read more

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