AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Canadian banks turn to wealth management operations for future growth plans by David Friend, The Canadian Press Posted Sep 4, 2013 4:16 pm MDT TORONTO – Canada’s biggest banks are turning their focus to their wealth management operations, with several executives predicting that the lucrative and low-risk division will play an important role in future growth.“The wealth business is emerging as a substantial contributor,” Bank of Montreal chief executive Bill Downe told a group of analysts Wednesday at an annual conference hosted by Scotiabank (TSX:BNS).“We expect this to be the fastest growing part of the bank with many opportunities to maintain the momentum.”Other bank CEOs chimed in with similarly optimistic predictions for their own wealth management divisions, which house financial planning operations and portfolios for both average investors and high-net worth individuals.CIBC (TSX:CM) chief executive Gerry McCaughey said he aims to grow the bank’s wealth management business to represent 15 per cent of its revenue.It shouldn’t come as much of a surprise that Canadian banks are taking a harder look at how to boost growth in the safest way possible, partly because their attention has been gradually shifting in that direction for several quarters.“It’s still part of the hangover of the financial crisis,” said Ian Nakamoto, director of research at MacDougall, MacDougall & MacTier.Unlike many other banking ventures, such as lending, wealth management is generally a low-risk operation that doesn’t require a lot of capital to run, but can deliver solid fee-based returns on its trading services.“Even though the stock market may go down, it’s the client that suffers the losses,” Nakamoto said.“It’s very different from loan losses where (the bank) has to try to get back the money by seizing assets, for example.”Last week, the Canadian banks posted relatively solid third-quarter earnings, with Royal Bank (TSX:RY) beating analyst expectations by the widest margin, helped particularly by growth in its wealth management operations.“An aging population is driving demand for more retirement products, solutions and service,” said Royal Bank (TSX:RY) chief executive Gord Nixon.“Also, the number of high- and ultra-high network individuals globally is growing significantly.”National Bank (TSX:NA) has recently finished integrating two other wealth management acquisitions, Wellington West Holdings Inc. and HSBC Securities full-service investment advisory business, into its operations.In April, CIBC signed a deal to buy Atlantic Trust Private Wealth Management for US$210 million in cash, as part of a plan to expand its wealth management operations in the United States. Atlantic Trust manages roughly US$20 billion in assets on behalf of high-net-worth individuals, families, foundations and endowments across the U.S.In other countries, struggling banks may sell their wealth management operations as other parts of the business come under pressure.However, an acquisition of foreign assets might not come so easily for the Canadian banks, said CIBC World Markets analyst Robert Sedran.“While many global banks are shedding non-core assets, wealth is an area where many of even the hobbled players are looking to add instead of backing away,” he wrote in a note.“As such international wealth management deals remain elusive.”On the Toronto Stock Exchange, the financial sector climbed 0.20 per cent, with shares of BMO rising 20 cents to $66.80, Royal Bank shares climbed four cents to $65.48, while CIBC shares fell 16 cents to $81.94.
September 28, 2019
OSU freshman wide receiver Austin Mack (11) attempts to catch the ball during the spring game on April 16 at Ohio Stadium. Credit: Lantern File PhotoThe roster turnover from a season ago has been well documented. Ohio State returns just six of 22 starters from 2016, and 44 of its scholarship players have yet to see game action for coach Urban Meyer. Not all 16 jobs are up for grabs. Meyer and others have indicated that junior Jamarco Jones will start at left tackle, redshirt freshman Mike Weber at running back, redshirt sophomore Noah Brown and sixth-year senior Corey Smith at receiver and redshirt junior Marcus Baugh at tight end on offense. For the defense, redshirt sophomore Sam Hubbard will man the strong-side defensive end position, junior Dante Booker at outside linebacker and redshirt sophomore Malik Hooker at safety.A season ago those names lined the two-deep depth chart or were injured. Now, Meyer and Co. need to find other members of the Scarlet and Gray to fill remaining roles, and they could turn to a talented true freshmen class.OSU reeled in the No. 4 recruiting class in 2016 according to 247Sports, with seven of those recruits having enrolled in the spring. Some of those early-enrollees could earn pivotal spots in fall camp which starts Aug. 6.“My goal is to play every freshman,” Meyer said at Big Ten Media Days last week. “I know that doesn’t happen, but we want to play the freshmen as soon as we can.”There will be plenty of redshirt freshmen in starting and second-string roles, but these true freshmen are poised to see time in their first season in Columbus.Michael JordanOne of the best units on Meyer’s teams the last two years has been the offensive line. Redshirt senior Pat Elflein and redshirt junior Billy Price return for the “Slobs,” but they will be joined by three new linemates hoping to continue that “Slob” mentality.Freshman Michael Jordan is a four-star recruit from Plymouth High School in Canton, Michigan, who has made quite the impression during the summer. Enough of an impression that Meyer said that Jordan will likely be a starter.“What I’ve seen from (Jordan), his development since he got here in January is outstanding,” Meyer said.Meyer later said that Jordan will have to compete for the job and that he has to earn it in camp. However, it appears Jordan has the lead for a position on the o-line.Recruited as an offensive tackle, new o-line coach Greg Studrawa will likely put the 6-foot-7, 310 pound Jordan wherever he is needed. Junior college transfer Malcolm Pridgeon may have the right tackle position for Studrawa’s unit having played left tackle in JUCO.“He’s a smart guy. He’s taking coaching very well,” Elflein said about Jordan. “He gets after guys. Sometimes you have to develop that nastiness and some guys just have it. He has it.”Austin MackFreshman wideout Austin Mack first turned heads at last summer’s Friday Night Lights event in Ohio Stadium where he was nearly unguardable. When the Fort Wayne, Indiana, native enrolled in January, he became the first player to lose his black stripe and earn reps with the upperclassmen.Mack is just one of the many young receivers eyeing substantial playing time come Sept. 3 against Bowling Green. The second-string spot on the depth chart behind Brown and Smith are possibly the most open, and hotly contested, areas on the roster. Having been inaugurated into the program so early, Mack stands as good of a chance as any other receiver to see targets from quarterback J.T. Barrett.“The talent and speed and athleticism will not be an issue. It’s how they perform,” Meyer said about the receiving unit. “That’s where J.T. is going to be so critical because you’re going to see a lot of wide eyes. A lot of those guys have not played.”Mack had three receptions for 22 yards for the Scarlet team in the spring game in April.Nick BosaNo. 97 will be on the defensive front four once again for OSU, but it’s the other Bosa’s turn. Nick Bosa—known as “smaller bear” to brother and former Buckeye Joey—is Meyer’s most prized recruit from the 2016 class.Ranked as the No. 1 strong-side defensive end in the country, five-star Bosa tore his ACL in his senior year at St. Thomas Aquinas High School in Fort Lauderdale, Florida. Despite that, Meyer said that Bosa will not be redshirted in 2016, meaning that he wants Bosa to factor into the defensive line.Meyer added last week that he, strength coach Mickey Marotti and other defensive coaches will closely monitor Bosa’s progress throughout camp.Demario McCall / Antonio WilliamsLast season, junior Curtis Samuel served as a the backup running back to Ezekiel Elliott. He is listed as an H-back on the team’s roster, but following the dismissal of Bri’onte Dunn, freshmen DeMario McCall and Antonio Williams may be in the mix for playing time in the backfield.“Depth is a concern,” Meyer said. “You want four bodies in the tailback position, and I count Dontre Wilson and Curtis Samuel in the mix. So we have Demario McCall, Antonio Williams and obviously Mike Weber. So that is a concern.”Williams enrolled in the spring at OSU and benefitted from an injured Dunn at the time. Williams started for the Gray team in the annual spring game where he rushed for 29 yards on seven carries.McCall is another guy who could be rotated into the catalog of running backs. Standing at 5-foot-9, 182 pounds, McCall has the build to play H-back for Meyer. McCall registered an unofficial 4.34 40-yard dash in high school—and if there is one thing Meyer is consistent with, it’s finding playing time for players with top-end speed. McCall has that.Jonathon CooperOpposite from Nick Bosa, Cooper was ranked the No. 3 weak-side defensive end in the 2016 recruiting class. Hailing from Gahanna-Lincoln High School just 20 minutes outside of Columbus, Cooper participated in spring practice as an early-enrollee and is looking to backup redshirt junior defensive end Tyquan Lewis on the weak-side of the defensive line.At 6-foot-3, 248 pounds, Cooper may not be limited to the defensive end position. Sophomore Sam Hubbard and Lewis have the the end positions locked down, so the inside tackle positions may be where Cooper finds the most time on the field.
September 24, 2019
Anglo American plc is selling New Largo, owned by its 73%-held subsidiary Anglo American Inyosi Coal. The sale also includes the closed coal mine, Old New Largo closed colliery in South Africa. The purchaser New Largo Coal Proprietary Ltd is owned by Seriti Resources Proprietary Ltd and Coalzar Proprietary Ltd, two companies majority owned and controlled by historically disadvantaged South Africans (HDSAs), and the Industrial Development Corp SOC Ltd.The consideration payable for New Largo is ZAR850 million (approximately $71 million). The consideration will be payable in cash by the Purchaser upon closing of the Transaction.New Largo’s principal asset is the approximately 585 Mt Coal Resource, with the related Mining Right, that is well-positioned to supply Eskom’s new Kusile power station. Norman Mbazima, Deputy Chairman of Anglo American South Africa, said: “I am delighted to announce the sale of New Largo to a new majority black-owned-and-managed company. Together, Seriti, Coalzar and the IDC have excellent operating and management capabilities to develop and operate New Largo optimally and sustainably into the future. The sale delivers on our long-standing strategy to exit our Eskom-tied coal assets and marks another Anglo American led step-change in the sustainable transformation of the South African mining industry, supporting both Eskom and the country’s transformation objectives.”The Transaction is subject to conditions precedent customary for a transaction of this nature, including regulatory approvals in South Africa. The Transaction is expected to close in the second half of 2018.
September 21, 2019
Nintendo has confirmed the rumor that it intends to drop the price of the Wii console this month by $50.From May 15 Nintendo will introduce a new console bundle that includes the console (black or white), sensor bar, Wiimote, a copy of Mario Kart Wii, and the Wii Wheel. The price will be just $149.99, down from the current $199.99.AdChoices广告Nintendo also confirmed that it will stop shipping the console with Wii Sports or Wii Sports Resort. Any remaining stock at retailers will be sold at the $149.99 price point, but when it is gone gamers will only be able to purchase the Mario Kart edition of the console from then on.Some retailers have already reacted to the rumor of a price drop with Amazon, Best Buy, GameStop, Target, and Toys’R’Us all dropping the console to $169.99 on April 19. That price will likely remain until the end of next week when the official price drop kicks in.There’s good news for the millions of existing Wii owners too. On May 15 Nintendo is also introducing a range of Nintendo Selects games. Initially there will be four games available in this collection at the new lower price point of $19.99. The four titles are:The Legend of Zelda: Twilight PrincessAnimal Crossing: City FolkMario Super SluggersWii SportsThis move to a lower price point with supporting cheaper games is an attempt to reinvigorate Wii sales which have been falling steadily. It is also a move to boost revenue one last time from the console before its successor is launched in 2012.We expect to hear all about the Wii 2 at E3 next month with speculation it is going to be a very powerful machine that easily outperforms a PS3 and Xbox 360 and uses a Blu-ray drive.Read more at the Nintendo press release, via GamesBeat
September 21, 2019
Even with the royal wedding of Prince William and Kate Middleton fast approaching, the Queen has found time in her busy schedule to wish Coola Mottee a happy 100th birthday. Mrs Mottee received a congratulatory letter from the Queen, along with one from former NSW Premier Kristina Keneally in what has been two months of celebrations. While the NSW resident’s actual birthday is 25 March 1911 no birth records of the Kythera native exist and her birthdate is officially registered on her Australian citizenship papers as 15 February 1911, which has meant celebrations for both her official and unofficial birthday!Born in the village of Trifiliankika, Coola Mottee started school in 1918, at age seven, and left five years later. In 1928 she moved to the mainland and worked as a seamstress in an Athens department store. After meeting her Greek Australian husband George in 1938 the couple married the same year and migrated to Australia in 1939, settling in George’s hometown of Kempsey. The couple had three sons, Costa, Jim and George. In 1960 when Coola was just 49 years-old her husband George died at the age of 66. She relocated the family to Sydney and re-established contact with other Greek families as well as reconnected with the Greek Orthodox church. Coola’s son Costa says his mother has always been fit and active. “Mum was power walking before power walking became what it is today,” he said. “She’d take frequent walks along Main Beach to the gaol and back”. Health problems lead to Coola being admitted to the Cedar Place aged care home at age 94, however while suffering various ailments the 100 year-old has always bounced back, somewhat miraculously. “We put it down to divine intervention,” Costa said. Facebook Twitter: @NeosKosmos Instagram
September 21, 2019
Facebook Twitter: @NeosKosmos Instagram The Peloponnesian Association Confederation is hosting their first ever Greek tavern event, Ellada Night. Young Greek Australians will be able to dance the night away with the music stylings of DJ George Vog while tucking into a Greek dinner. Dress code: Cocktail When: Saturday 6 September at 7.00 pm Where: Yiannis Tavern, 840 High Street, Kew Tickets: $65, includes dinner, beer, wine, and soft drinks Contact Christina on 0438 196 058 or Stacey on 0402 539 811
September 18, 2019
After participating in France’s clash with Italy on Friday, which they eventually won, Kylian Mbappe shared some words of choice for his teammate Ousmane Dembele.Umtiti, Griezmann and Dembele each accounted for a goal in the 3-1 win on Friday – a game in which the youngest one of the three has managed to impress Mbappe so much that he even dubbed him as one of the best prospects in the football world, despite he himself being called the same way.“It’s a promising partnership. We get on well, we appreciate each other,” the Paris Saint-Germain forward said following the win, according to FourFourTwo.Opinion: Neymar will earn respect back from the PSG fans Tomás Pavel Ibarra Meda – September 14, 2019 After completing his incredible return to Parc des Princes, we predict that Neymar will earn the respect back from PSG supporters.The situation between Neymar…“I’ve always wanted to play with great players. I have two top players [next to me]: Antoine, top 10; Ousmane, the best young player in the world, for me.”“We all try to help each other,” Mbappe went on to add, ahead of the beginning of the World Cup in Russia, where France has already been predicted as the winner by FIFA 18.
September 18, 2019
Meet the 2018 FIFA Club World Cup trophy that will be given to the winner of the match between Spain’s Los Blancos and Emirati club The BossABU DHABI, UNITED ARAB EMIRATES.- Made for the first time in 2005, the FIFA Club World Cup trophy is a beauty of design and tomorrow two teams will battle to decide who gets to keep it.Local Emirati club Al Ain FC will play against Spanish La Liga giants Real Madrid at Zayed Sports City Stadium in the capital of the United Arab Emirates, in the final match of the competition.And the winner will get to hold this special trophy that not many teams can say they have it in their stadiums.The award was made in Birmingham, the United Kingdom by Thomas Fattorini Ltd., Jane Powell, and Dawn Forbes.The trophy’s design featured six staggered pillars, representing the six participating champions of the six world football confederations.There is also a separate metal structure referencing the Club World Cup host of the competition, that wins the right to be there by winning the national championship.Mourinho: “Lionel Messi made me a better coach” Andrew Smyth – September 14, 2019 Jose Mourinho believes the experience of going up against Barcelona superstar Lionel Messi at Real Madrid made him a greater coach.They hold up a globe shaped like a football.The Club World Cup trophy is made of brass, copper, sterling silver, gilding metal, aluminum, chrome, and rhodium, and is gold plated.It weighs 5.2 kilograms, with a height of 50 centimeters.Who do you think will win tomorrow’s final? Write your opinion on the comment section.#CWC18: You can follow all our coverage of the FIFA Club World Cup in our different social media. @ClubWorldCups pic.twitter.com/0BmSDpo0kQ— Ronaldo.com (@ronaldocomint) December 15, 2018
September 5, 2019
New Delhi, March 26 (ANI): Trading at the Bombay Stock Exchange today closed 21.64 points up to stand at 22,076.85. At the National Stock Exchange the Nifty 11.65 points up to stand at 6,601.40. Ashok Leyland and Oberoi Realty were among the top gainers of Group A with an increase of 10.37% and 8.25% along with SAIL and Yes Bank with an increase of 6.28% and 5.97% respectively, while the top losers of Group A include Indiabulls Real Estate and Eicher Motors with a decrease of 4.72% and 4.00% along with Glenmark Pharma and Indraprastha Gas with a decrease of 3.78% and 3.43% at the close of the markets. The Auto sector is up 130.87 points at 13,051.52 while the banking sector is up 87.14 points at 14,307.19 and the realty sector is down 5.51 points at 1,388.35. The Indian currency is up 0.55% at Rs 60.15 per dollar.
September 5, 2019
Swedish car safety equipment maker Autoliv (ALV.N) could capitalise on the crisis engulfing its rival Takata Corp (7312.T) by finally extending its global leadership to the one major auto hub it has been unable to dominate – Japan.Autoliv is the world’s top maker of equipment such as air bags and seat belts, but it has struggled to break the ties between Japanese carmakers and main supplier Takata in a country where the “keiretsu” corporate culture sees businesses closely bound together in relationships cultivated over decades.The ground has shifted, however; a string of Japanese carmakers have ditched Takata’s air bag inflators in recent days after U.S. regulators said they used a chemical that they suspect causes the bag to explode with too much force, spraying metal shards into the car.Takata is the only supplier to use the volatile chemical – ammonium nitrate – in its inflators, which have been linked to eight deaths and have led to the recall of more than 40 million cars worldwide.Its rejection by carmakers including its main customer Honda Motor Co , Toyota Motor Corp and Nissan Motor Co , could reshape the auto safety business in Japan, where it has been the biggest player for years.”What is sensational here is that Honda, where Takata has been the supplier par excellence, is saying they won’t buy (inflators) from Takata in future,” said a source with decades of experience in the car safety industry.”These are two companies that have grown up together, it would be like Volvo saying this to Autoliv.”The Swedish company is already on the move.Autoliv is investing around 1 percent of sales this year, about $90 million, most of which it expects to eventually recoup from customers, in boosting capacity to replace the Takata inflators in models subject to recalls.The company expects to deliver up to 20 million replacement units, mainly to Honda, most of them this year and next.”Autoliv’s opportunity to take market share has never been as good as it is right now due to what is happening to Takata,” said Handelsbanken Capital Markets analyst Hampus Engellau.The company has already seen new business coming its way, with its global share of new orders for frontal airbags hitting 50 percent over the past two quarters, compared with about 30 percent previously.But it could face hurdles such as rapidly ramping up output without jeopardising quality, and assuaging carmaker concerns it will become too powerful, with too much control over pricing.Autoliv’s 2014 market share in so-called passive safety equipment is around 20 percent in Japan but roughly twice that in Europe and North America and more than 35 percent in the rest of Asia, company data showed. Its air bags business, including steering wheels, passive safety electronics and inflators, accounted for about two-thirds of overall sales.Takata was the second-biggest global player last year, followed by German-U.S. firm ZF TRW – formerly TRW Automotive – with other companies including Toyoda Gosei (7282.T), Nihon Plast (7291.T), Ashimori and Daicel .Takata said last week it would phase out ammonium nitrate in all its inflators by the end of 2018, but analysts say the brand could remain tainted for long after that.The potential scale of the opportunity for its rivals is huge – Valient Market Research expects Takata’s market share for inflators will drop to 5 percent in 2020, from 22 percent in 2014.Replacing Takata’s air bags and inflators in models already in production, but not subject to the past year’s wave of recalls, is likely to be prohibitively expensive for carmakers.The bigger opportunity may lie a few years ahead, in supplying equipment for new models – with Autoliv in pole position, because it is the global industry giant and has managed to build up its No.2 position in Japan over the past two decades through acquisitions of smaller local suppliers.”After companies have had such trouble with Takata, they really want things to work this time,” said DNB analyst Christer Magnergard. “In that situation, they are more likely to move to a safer option than an untested player.”But the Takata crisis highlights the potential hazards facing suppliers. As Autoliv ramps up volumes, it must retain its standards, said Mathias Leijon at Nordea Investment Management, which owns a 5 percent Autoliv stake.”They must safeguard quality across the production chain. That is the challenge here.”
September 5, 2019
State Bank of India (SBI) told a Parliamentary panel that it was ready to negotiate a onetime settlement of loans if debtors agreed to pay up outstanding principal, reasonable interest and some legal fees, reported Times News Network (TNN) citing sources.SBI Chairman Arundhati Bhattacharya told the Panel, which is studying amendments to debt recovery laws, that the bank was ready for a haircut with some existing bad loans and it is “…not insisting on payment of interest upon interest.”As discussions veered towards Vijay Mallya’s high profile debt issue, in which his Kingfisher Airlines sunk after huge debts from country’s many state owned banks, Bhattacharya added that the liquor baron’s riders for loan settlement were the stumbling block in the negotiations. Though the bank was affirmative on Mallya’s debt repayment request, his terms were unacceptable to SBI, said a source to TNN.As the panel pointed out to media reports in which Mallya’s legal counsel apprised the Supreme Court on being ready to pay up more money than he had actually borrowed, Bhattacharya said the lenders’ interest needed to be maintained. The reports had said that Mallya’s counsel proposed a Rs. 6,000 crore repayment plan as opposed to Rs. 4,900 crore he had in actuality borrowed from state-run banks.SBI-led consortium of banks, which are fighting the case in courts, have said in their auction notices that Kingfisher Airlines and its promoter Mallya’s outstanding amount (including compounded interest) stood at Rs. 6963 crore until February 2014. With penalties, the claim increased to Rs. 9,000 crore. The banks have also recovered certain amount from selling shares of his companies pledged as guarantee to loans.TNN noted that the lenders so far have sought to know how much money Mallya was ready to bring to the negotiating table as an upfront payment. They have asked the liquor baron to come clean on his assets both in India and abroad. They have sought a clear timeline for payment and a list of realizable assets. Mallya, for his part, has publicly stated that he was willing to pay Rs. 4,400 crore initially and await a court case involving claims on the proceeds from two UB Group companies. The latter, if won by the banks, will act as repayment money.As bankers say that the time was running out for any gains from Mallya’s resettlement offers, his companies and assets have all been locked up for lack of negotiators, multiple financial crime investigations, high auction prices, regulatory issues and court battles.On June 16, Standard Chartered Bank (SCB) alleged that SBI “colluded” with Mallya to deprive the London-based bank from carrying out a transaction with Diaego Plc. The UK based liquor giant Diageo had issued a guarantee to SCB for a $135 million loan to a third company, also controlled by Mallya in the U.K, to release United Breweries Holding Limited (UBHL) shares for acquisition. SBI has refuted the allegations. Its lawyers said: if that were the case then the country’s largest lender would not have been waging a court battle against the high-profile defendent.
September 1, 2019
Guard Asia Durr is currently projected by both espnW and SB Nation to be the first overall pick by the Las Vegas Aces, who are selecting first for the third consecutive season. Durr would be the second Louisville player to be selected first, following Angel McCoughtry to the Atlanta Dream in 2009, and the program’s third first-round selection, joining McCoughtry and Shoni Schimmel in 2014. Lastly, guard Arica Carter is expected to compete for a roster spot in the WNBA following the draft. The redshirt senior averaged 8.5 points per game while leading the ACC in assist-to-turnover ratio (2.8) and ranking ninth in three-point shooting (.390). At Duke on Jan. 6, she turned in a career day with personal-highs in points (23), field goals (eight) and three (seven). Forward Sam Fuehring is also expected to hear her name called, with espnW projecting her going to the Minnesota Lynx with the 30th selection. Fuehring had a terrific senior year for the Cards, averaging 10.8 points and 7.2 rebounds per game. During the year, she racked up seven double-doubles, including career-highs in points (21 at Virginia Tech on Feb. 10) and rebounds (14 at Clemson on Feb. 2). “She’s a very fine player. She’s one of the few players that can go get her own shot on a consistent and quality basis,” said Aces head coach and general manager Bill Laimbeer. “A guard who can get her own shot is something we don’t really have, so she’s right there for us.” The trio combined to post a program-record 123 victories, including back-to-back ACC regular season championships and the 2018 ACC tournament title. While earning consecutive No. 1 seeds in the NCAA Tournament, they reached the second weekend three times, including the Elite Eight this season and the Final Four in 2018. In her final season with the Cardinals, Durr completed a tremendous career, earning ACC Player of the Year honors for the second-straight season, along with unanimous All-American honors and the Ann Meyers Drysdale and Dawn Staley Awards. She led the ACC and ranked 15th nationally in scoring with 21.2 points per game, tallying 34 games in double-figures, including tying a career-best 47 pints on 17-of-27 shooting against NC State on senior night on Feb. 28. “I thought Sam Fuehring had a great ending to the season in the way that she played in the NCAA Tournament,” said ESPN analyst LaChina Robinson. “Over the course of her career, she has become a respectable three-point shooter, which I think definitely helps when you get in the conversation of versatility. She’s really shown that she can push through and she started to make her mark and imprint on the Louisville program in a major way later on because of her stick-to-it-ive-ness.” Fuehring was excellent in the postseason, averaging 15.3 points and 7.3 rebounds in the Cards’ four NCAA Tournament games. In the first round against Robert Morris, she posted a double-double with 19 points on nine-of-nine shooting with 11 rebounds. In the regional semifinal against Oregon State, she tied for the team lead with 17 points off a career-high three three-pointers. For her career, she finished as the second-leading scorer in program history with 2,485 points behind McCoughtry, while also placing second in three-point field goals (374) and third in field goals (851). Story Links LOUISVILLE, Ky. – Following a historic four-year run, University of Louisville women’s basketball senior class of Asia Durr, Sam Fuehring and Arica Carter will now turn their sights toward the 2019 WNBA Draft presented by State Farm. The draft will be held on Wednesday, April 10 at Nike’s headquarters in New York City. The first round will air on ESPN2 beginning at 7 p.m., with the remaining two rounds transitioning to ESPNU at 8 p.m. “When she’s healthy, the things that she can do well, she’s very intelligent, she understands how to play, she can organize, she can defend her position. She can make three-point shots,” said ESPN analyst Kara Lawson. For the latest on Louisville women’s basketball, visit GoCards.com, follow the team’s Twitter account at @UofLWBB or on Facebook at facebook.com/UofLWBB. Print Friendly Version
August 27, 2019
News | Patient Positioning Radiation Therapy | August 07, 2019 Qfix kVue One Proton Couch Top Validated by Mevion Medical Systems Qfix and Mevion Medical Systems announced that a special version of the kVue One Proton couch top is now both validated… read more The top piece of content in July was a video interview explaining how Princess Margaret Cancer Center is using machine learning to create automated treatment plans. This was a hot topic at the American Association of Physicists in Medicine (AAPM) 2019 meeting in July. The MD Anderson Proton Therapy Center expansion is expected to be completed in 2023. Rendering courtesy of Stantec. News | Patient Positioning Radiation Therapy | August 15, 2019 Mevion and C-RAD Release Integration for Improved Proton Therapy Treatment Quality Mevion Medical Systems and C-RAD announced the integration between the C-RAD Catalyst PT and the Mevion S250i proton… read more Feature | August 05, 2019 | Dave Fornell, Editor Most Popular Radiology and Radiotherapy Topics in July 2019 August 5, 2019 — Here is the list of the most popular content on the Imaging Technology New (ITN) magazine website fr read more News | Radiation Therapy | August 16, 2019 Drug Accelerates Blood System’s Recovery After Radiation, Chemotherapy A drug developed by UCLA physician-scientists and chemists speeds up the regeneration of mouse and human blood stem… read more FacebookTwitterLinkedInPrint分享 News | Brachytherapy Systems | August 14, 2019 Efficacy of Isoray’s Cesium Blu Showcased in Recent Studies August 14, 2019 — Isoray announced a trio of studies recently reported at scientific meetings and published in medica read more Following radiation, the bone marrow shows nearly complete loss of blood cells in mice (left). Mice treated with the PTP-sigma inhibitor displayed rapid recovery of blood cells (purple, right). Credit: UCLA Broad Stem Cell Research Center/Nature Communications Related Content News | Proton Therapy | August 06, 2019 IBA Signs Contract to Install Proton Therapy Center in Kansas IBA (Ion Beam Applications S.A.) recently signed a contract and received the first payment for a Proteus One solution… read more News | December 08, 2011 Accuray Receives Outstanding Innovative Improvement Award for its CyberKnife System News | Proton Therapy | August 08, 2019 MD Anderson to Expand Proton Therapy Center The University of Texas MD Anderson Cancer Center unveiled plans to expand its Proton Therapy Center during a… read more Catalyst PT image courtesy of C-RAD News | Radiation Therapy | August 15, 2019 First Patient Enrolled in World’s Largest Brain Cancer Clinical Trial Henry Ford Cancer Institute is first-in-the-world to enroll a glioblastoma patient in the GBM AGILE Trial (Adaptive… read more December 8, 2011 – Accuray, a radiation oncology, company, announced that the company received the Outstanding Innovative Improvement Award for its CyberKnife Robotic Radiosurgery System at the 3rd Annual Employer Healthcare Congress, which took place October 25 – 28, 2011 in Chicago.The award was presented to Accuray in recognition of the fact that patients treated with the CyberKnife System are able to complete treatment in five days or less, compared with radiation therapy treatments, which typically require up to 40 treatment sessions. This significant reduction in the number of daily treatments helps patients get back to work faster, benefitting employees and employers alike. The CyberKnife System targets tumors anywhere in the body and delivers high doses of radiation with pinpoint accuracy. Unlike any other radiation delivery system, the CyberKnife System tracks and adjusts treatment delivery to compensate for tumor motion, including respiration.”Treatment with the CyberKnife System is typically completed in five or fewer outpatient sessions, compared to the six weeks of daily treatments typical with conventional radiation. Fewer daily treatments allow the employee to get back to their normal schedule, including work, resulting in less stress for the employee and a more efficient workplace for the employer,” said Jonathan Edelheit, president of the Employer Healthcare Congress. “Accuray has made a tremendous effort to ensure that employees are aware of the full range of options so they can make an informed treatment decision. We wanted to recognize Accuray’s innovative technology, as well as its education efforts with this award.”The Employer Healthcare Congress is among the largest healthcare conferences in the United States. One of the major highlights of the conference is the Leadership Awards given for both excellence in Corporate Wellness and Voluntary Benefits. The Outstanding Innovative Improvement Award honors a company that not only has brought a healthy innovation to employees, but also a cutting-edge approach to changing the way we deal with chronic illness and critical care, all while helping employers reduce healthcare costs.”Accuray is honored to receive this award from the Employer Healthcare Congress recognizing the advantages that the CyberKnife System offers not only to employees, but employers as well,” said Euan S. Thomson, Ph.D., president and chief executive officer of Accuray. “This award reaffirms our commitment to developing personalized, leading-edge treatment solutions that help cancer patients live longer, better lives. This means not only treating their tumors, but also helping them return to their normal lives as soon as possible.”For more information: www.accuray.com News | Radiation Therapy | August 02, 2019 Varian Showcases Cancer Care Systems and Software at AAPM 2019 Varian showcased systems and software from its cancer care portfolio, including the Identify Guidance System, at the… read more News | Radiation Oncology | July 31, 2019 Laura Dawson, M.D., FASTRO, Chosen as ASTRO President-elect The members of the American Society for Radiation Oncology (ASTRO) elected four new officers to ASTRO’s Board of… read more
August 27, 2019
News | Ultrasound Imaging | July 26, 2019 Intelligent Ultrasound Group Collaborating With the National Imaging Academy Wales Artificial intelligence (AI)-based ultrasound software and simulation company Intelligent Ultrasound Group plc (AIM:… read more News | Cardiovascular Ultrasound | August 05, 2019 Digital Health Devices Used at Point of Care May Improve Diagnostic Certainty A West Virginia-based rural medical outreach event showcased the use of point-of-care technology in an ambulatory… read more Related Content 360 Photos | Ultrasound Imaging | July 08, 2019 360 Degree View of an Echocardiography Exam on the SC2000 System This is a 360 degree view of a live cardiac echo demonstration for the Siemens Healthineers Acuson SC2000… read more 360 Photos | Ultrasound Imaging | July 11, 2019 360 Degree View of a Smartphone Performing a Cardiac Ultrasound Exam This 360 degree photo shows a basic, point-of-care cardiac echocardiogram being performed using a smartphone turned i read more News | Ultrasound Women’s Health | July 11, 2019 FDA Clears Koios DS Breast 2.0 AI-based Software Koios Medical announced its second 510(k) clearance from the U.S. Food and Drug Administration (FDA). Technology | Interventional Radiology | August 16, 2019 Profound Medical Receives U.S. FDA 510(k) Clearance for Tulsa-Pro Profound Medical Corp. announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to… read more Technology | October 08, 2012 Simbionix Introduces a New Ultrasound Training Simulator The ScanTrainer transvaginal simulator is one example of Intelligent Ultrasound’s simulation technologies. October 8, 2012 — Simbionix USA Corp. will introduce the new advanced U/S (ultrasound) Mentor simulator at the upcoming American College of Emergency Physicians (ACEP) Exhibition in Denver, Colo. This new Simbionix simulator offers realistic hands-on training for diverse ultrasound examinations and interventions.Ultrasound is the second most widely used diagnostic imaging modality after X-ray. The last decade has seen a significant shift from provider-performed ultrasound, done by trained sonographers in the radiology, obstetrics and cardiology departments, to point-of-care (POC) bedside ultrasound procedures performed by various specialists as part of their patient care. This trend is driven by the advent of more compact, higher quality and less expensive ultrasound equipment, practicality, efficiency and demand.Today ultrasound has medical applications for every area of the body and provides accurate results regarding overall structural composition. In correspondence with the rapidly growing utilization of ultrasound technology by various medical specialties, the Simbionix U/S Mentor provides a unique training opportunity, allowing healthcare professionals and clinical practitioners to independently acquire sonography skills in their field of practice.The Simbionix U/S Mentor features highly realistic simulation within a comprehensive educational environment. The simulator is comprised of a palpable mannequin and true-to-life simulated anatomies, physiology and pathologies, with skill tasks and structured step-by-step procedural guidance available alongside virtual patient cases.The first training package is designed to develop basic ultrasonographic psychomotor skills and advanced hands on training for bedside echocardiography (ECG). A variety of hands-on tasks and cases accompanied by comprehensive didactics enhance procedural and clinical understanding. The unique module incorporates ECG, image enhancement tools, measurement tools, color Doppler, cine-loops recording and clinical findings reporting, all supporting training to the full extent of the actual procedure.For more information: www.simbionix.com FacebookTwitterLinkedInPrint分享 News | Ultrasound Imaging | July 31, 2019 Studies Confirm Clinical Value of ShearWave Elastography for Liver Fibrosis Evaluation SuperSonic Imagine announced the publication of the results of its prospective multicentric clinical study conducted in… read more read more News | Pediatric Imaging | August 14, 2019 Ultrasound Guidance Improves First-attempt Success in IV Access in Children August 14, 2019 – Children’s veins read more 360 Photos | Ultrasound Imaging | July 09, 2019 360 Degree View of a Mitral Valve Ultrasound Exam on a Vivid E95 System A view of a mitral valve on a GE Healthcare Vivid E95 … read more News | Cardiovascular Ultrasound | August 07, 2019 Contrast Use in First Transthoracic Echocardiogram for Heart Failure Reduces Repeat Testing Heart failure is the fourth most common cause for all admission to U.S. hospitals, and it is the most common reason for… read more
August 9, 2019
09Jan Callton posts perfect voting record for first two terms in office State Rep. Mike Callton achieved a perfect voting record for the 2014 calendar year, making it the fourth year in a row he did not miss any votes cast in the state House.Callton cast all 811 record roll call votes during the last year, according to official vote tallies, bringing the total number of times he’s pushed the voting button to 2,862. In his two terms in office, the Nashville Republican lawmaker hasn’t missed a single vote.“The good people of Barry and Ionia counties put their faith in me to show up and represent them in Lansing when it’s voting time, and I won’t let them down,” Callton said. “I’m encouraged by the growth of our economy due to some tough decisions that had to be made, and certainly more of those decisions lie ahead as we continue doing everything we can to cement a healthy and solid economy.”Callton’s accessibility as well as willingness to approach issues from a basis of common sense and respect for others is often praised, and he said he looks forward to continuing to work on issues that are brought to his attention by residents of the communities he represents. Categories: News
August 9, 2019
##### State Rep. Jim Lilly today voted for a bipartisan package of bills before the House Michigan Competitiveness Committee to eliminate driver responsibility fees by October 2018 and forgive outstanding debt.Lilly, of Park Township, who is vice chair of the committee, said ending the punitive fees will give hundreds of thousands of Michigan residents a chance to regain their driving privileges and stop a flawed experiment that only served to keep some people in a vicious cycle of poverty.“I am proud to have a hand in ending these meaningless fees that did nothing to improve the driving skills of people forced to pay them,” Lilly said. “Imposing driver responsibility fees was nothing more than a money grab by a past administration desperate to fill a hole in the state budget. These fees serve no purpose and it’s high time we got rid of them.”The legislation also establishes community service and workforce development options for people to meet their obligation to pay the fees until they are eliminated in 2018. Lilly said ending the fees will enable people who have been unable to drive to and from work because their licenses were revoked to return to the workforce.“This legislation will open new opportunities for people who have been forced out of the job market, and in many instances ended up on public assistance,” Lilly said. “In most cases the state’s comeback from the Lost Decade has passed them by. Now they will be able to take part in it.”The bills now go to the full House for consideration. Measures now move to full House for consideration Categories: Lilly News,News 18Oct Rep. Lilly votes for bills ending driver responsibility fees
August 9, 2019
Categories: Green News The Michigan House and Rep. Phil Green today approved a plan to help farmers whose crops have been delayed or damaged by this spring’s record-setting rain.The plan would help private lenders provide low-interest loans to qualified farmers at no financial risk to the state.“Many farmers have been affected by the record rain this season that has limited their planting progress and delayed their crops,” said Green, of Millington. “Weather can affect all agriculture and this plan helps hard-working farmers with financial support.”Michigan has had very few days suitable for field work this spring. As a result, only about 63 percent of corn seeds and 43 percent of soybean seeds have been planted, which means yields will be low. Many farmers will be facing financial trouble as this crop season continues.House Bill 4234 provides $15 million to help private lenders run the loan program and keep interest rates low for farmers. The state does not provide the loans, so there is no financial risk or liability to the state with this program.Similar low-interest loan programs were approved for Michigan farmers in 2002 and 2012.##### 20Jun Rep. Green approves plan to help farmers devastated by record rain
August 9, 2019
Categories: Markkanen News 25Jun COLUMN: Car insurance rate relief is on the way When I first started representing the interests of the western Upper Peninsula at the state Capitol in January, the top complaint I got from residents was about our high car insurance rates. I listened to everyone’s concerns and vowed to fix the broken system that results in our highest-in-the-nation rates – and that goal was achieved May 30 when our historic bipartisan reform plan was signed into law.Now, I’m happily fielding questions from people who want details on the new law.Drivers are eager to know what is changing and when they will finally see rate relief reflected in their bills. I recently hosted a tele-town hall meeting on the topic with Rep. Jason Wentworth, who chaired the House’s Select Committee on Reducing Car Insurance Rates, and more than 4,500 residents joined in to listen and ask questions. I will provide answers to some of the most common questions here.Until now, Michigan was the only state in which drivers were forced to pay for unlimited personal injury protection coverage through their car insurance – even though 99 percent of all accidents result in less than $555,000 of medical bills. This was the biggest factor contributing to our expensive car insurance rates.Starting in July 2020, the new law will finally give Michigan drivers the freedom to choose a coverage level based on their own needs. Many drivers will be able to opt out of personal injury protection altogether. This includes seniors with retiree health coverage such as Medicare and those with health insurance policies that cover car accident-related injuries. Others will be able to continue with unlimited coverage or choose limits of $250,000 or $500,000. A $50,000 option will be available for drivers on Medicaid.The new law guarantees savings for drivers in the personal injury protection portion of policies as follows:100 percent for drivers choosing to opt out of personal injury protection coverage45 percent for drivers choosing the $50,000 coverage level35 percent for drivers choosing the $250,000 coverage level20 percent for drivers choosing the $500,000 coverage level10 percent for drivers choosing to continue receiving unlimited coverageThe new law also establishes a reasonable fee schedule to rein in out-of-control medical charges for auto accident injuries. A broken ankle should cost roughly the same to treat whether it was suffered in a car accident, falling off a roof or in a soccer game. Yet the current system allows billing for many medical procedures at much higher rates when the cause is a traffic accident.With the new fee schedule, Hospitals will no longer be allowed to charge car accident victims three or four times more for procedures, which means drivers who choose lower personal injury protection coverage levels will see their medical benefits stretch even farther.Zip codes, education levels, credit scores and other non-driving factors will no longer be used to determine rates. However, drivers living in areas within the state having lower claims can continue to benefit with lower premiums than higher claim areas.Reforming car insurance is something that has eluded the Legislature for nearly 40 years, and I’m incredibly proud to play a role in finally getting these historic reforms across the finish line.Please feel free to reach out to my office with any questions at (517) 373-0850 or GregMarkkanen@house.mi.gov.###— State Rep. Greg Markkanen of Hancock is serving his first term in the Michigan House representing residents of Baraga, Gogebic, Houghton, Iron, Keweenaw and Ontonagon counties, as well as Powell and Ishpeming townships in Marquette County.
August 9, 2019
Share10TweetShareEmail10 SharesJanuary 10, 2016; Register-Herald (Beckley, WV)Near the end of last year, NPQ reported on a letter sent by Rep. Bennie Thompson (D-MS) to the American Red Cross, asking CEO Gail McGovern about the effects layoffs, cutbacks, and chapter consolidations might have on the organization’s ability to respond to disasters, especially in rural areas. NPQ has also reported on other chapter consolidations within federated organizations and has expressed concern about the degree to which this can weaken the network of services and their availability in more rural areas.This article in Emergency Management (reprinted from the Register-Herald) reveals that two years ago in West Virginia, seven Red Cross chapters were collapsed into four. This was described by Red Cross Marketing and Communications Director Krista Farley Raines as a cost-cutting measure enacted in order to “have more resources to spend on people and communities we serve.” But Thompson’s letter points to reports that the Red Cross has been struggling in their most recent efforts to respond to emergencies in West Virginia.“That Red Cross struggled to respond to these events is troubling because Red Cross is a designated support agency under the National Response Framework’s Emergency Support Function 6—Emergency Assistance, Temporary Housing and Human Services Annex,” the letter reads.Thompson wants to know if ARC performed an after-action assessment of its response to recent disasters and how it will address the challenges it experienced responding to the incidents in West Virginia and California.This article describes an alarming degree of local frustration in West Virginia with ARC’s performance.In early 2015, regional emergency service authorities officials expressed anger at the American Red Cross of Central West Virginia for a lack of response to natural disasters. Emergency service officials and nonprofit agency heads spoke of hearing a number of excuses why the Red Cross of Central West Virginia could not assist in emergencies.At the time and in frustration, Mark Wilson, Raleigh County’s deputy director of Emergency Service Authority, told a Red Cross employee, “It’s easier to keep track of what you don’t do than what you (actually) do.”“They always got an excuse for why they don’t respond,” he said during a March interview. “It’s the same old song-and-dance with them—‘We are going to fix this,’ but it never happens.”John Zilinski, Raleigh County director of Emergency Services Authority eventually wrote to Bonnie McElveen-Hunter, chair of the American Red Cross, asking for more support and a stronger relationship with the Charleston-based chapter, but what he got back was the now-familiar meaningless platitude that is becoming emblematic of the organization, this time from Richard Reed, senior vice president of disaster cycle services: “Please know that the American Red Cross is committed to providing human and material resources in support of the disaster relief efforts in all locations, including Raleigh County.”The letter included the email address of Keith Alvey, divisional disaster executive for the region overseeing West Virginia. Wilson says that he has repeatedly asked the regional chapter for assistance during disasters to no avail. For instance, the regional office denied all aid when 1,500 people in Raleigh County’s Coal River area were without water for a number of days early last year. In the wake of a tornado, Raleigh County emergency officials asked for food aid for those impacted; on that occasion, the organization did show up with food sourced from the Salvation Army, but it was way too little. As two people who were on the scene at the time recalled, local agencies were left “scrambling to find food for scores of people.”Raines says that ARC’s policies and protocol are now set by the central organization in D.C., and regional and state branches must follow. This is leading to growing numbers of counties dropping regional Red Cross participation from their emergency operational plans, and, according to ProPublica, to local United Ways withdrawing their funding from those regional entities.Raleigh County’s emergency officials are not anticipating a turnaround. “When the boots hit the ground, we’re responsible for 70,000 people, and I need people I can count on,” Wilson said.The local United Way is still funding the regional office. The Red Cross of Central West Virginia was unwilling to share its funding request to the United Way, but was “excited to share” statistics from last year. In 2015, the Red Cross assisted 130 households in these counties by serving 378 individuals impacted by disaster, most commonly home fires. The Red Cross provided almost $100,000 in direct financial assistance to these individuals to ensure they had shelter, food, clothing, medication, and other needs, as well as supporting vehicles, materials, and the people who make that help possible.“We try hard to stay abreast of any current issues with our agency partners,” United Way Director Margaret O’Neal wrote in an email, “and I am not currently aware of any local issues with” the Red Cross of Central West Virginia.”—Ruth McCambridgeShare10TweetShareEmail10 Shares