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People’s United Bank,People’s United Bank recently presented a $25,000 check to John R. Killacky, Executive Director of Flynn Center for the Performing Arts in Burlington, Vermont. Thirty years ago, the Burlington area’s corporate and philanthropic leaders came together with a common vision-one that saw the power of the performing arts and what they could do for our community. In the beginning, efforts focused on the restoration of a derelict theater (originally opened in 1930) to provide a well-managed, comfortable home for the performing arts. The late 1980’s and 1990’s witnessed significant expansion of the Flynn’s educational programming. The Student Matinee Series was inaugurated, teacher-training workshops were developed, and the first of many partnerships with local schools and school systems were initiated. The Flynn completed a multi-phased expansion and renovation project in 2000 and a comprehensive performing arts complex-renamed the Flynn Center for the Performing Arts-was born. The new Flynn incorporated two performance spaces: the original theater fully restored to its Art Deco splendor, and the FlynnSpace, an intimate 180-seat black box and cabaret performing setting, along with education and dance studios, a visual arts gallery, and administrative offices.‘People’s United Bank has generously agreed to participate in our ‘Take a Seat’ campaign with a lead gift of a $25,000 donation. The campaign will raise funds from the community to ensure that the Flynn Center continues providing quality performances for generations to come,’ said John R. Killacky, Executive Director of the Flynn Center.The Take a Seat campaign represents the second of three phases to assure that the facilities are in excellent condition and address evolving patron and production needs. Phase One was completed this summer and will lead to significant energy savings, safety, and production improvements. This phase included; enclosing the loading dock, sealing the rear foundation and redirecting storm water drainage. The second phase will replace auditorium seating (first installed in 1946), enhance the lobby and historic marquee, and improve the acoustics in the hall. Phase Three will be undertaken over the next couple of years and include development of an integrated vision for the entire Flynn campus of buildings. ‘The Flynn Center for the Performing Arts is a vital community-based cultural center for Burlington and the region,’ said Michael Seaver, President of People’s United Bank in Vermont. ‘I have seen so many wonderful shows at the Flynn Center and am always amazed at the high level of talent and quality of shows the staff at the Flynn Center are able to bring to Burlington, Vermont. The Flynn Center is truly a hidden gem.’About People’s United BankPeople’s United Bank is a subsidiary of People’s United Financial, Inc., a diversified financial services company with approximately $28 billion in assets. People’s United Bank, founded in 1842, is the largest independent bank in New England and provides consumer, commercial and wealth management services through approximately 375 branches in Connecticut, Massachusetts, Vermont, New York, New Hampshire, and Maine. Through additional subsidiaries, People’s United provides equipment financing, asset management, brokerage and financial advisory services, and insurance services.
Mourners at the event in Montenegro kissed the bishop’s body as it lay in an open coffin.- Advertisement –
Aug 21, 2007 (CIDRAP News) – Government officials in Pakistan today announced a recent outbreak of H5N1 avian influenza at a poultry farm in the country’s northwest, as Indonesia worked to stamp out the disease on farms on Sulawesi and Italian officials reported low-pathogenic avian flu outbreaks.The Pakistan outbreak occurred in late July at a large farm in the town of Mansehra, about 50 miles north of Islamabad, Reuters reported today. The birds were tested for the disease after about 14,000 chickens at the farm died, said Rafiq-ul-Hassan Usmani, an agriculture ministry official.After samples came back positive for the H5N1 virus, the remaining 35,000 birds were culled, Reuters reported.A report that Pakistani officials submitted to the World Organization for Animal Health (OIE) said the outbreak affected 16-week-old breeder and broiler chickens.Pakistan has had several poultry outbreaks this year, but the latest incident is the first since May, according to OIE reports. The country has not reported any human H5N1 cases.Elsewhere, local officials on Sulawesi island in Indonesia said they were struggling to contain H5N1 outbreaks on farms near Palu, the capital of Central Sulawesi, according to a report yesterday from Antara News, the state news agency. Tests conducted after several chickens in Palu died confirmed the disease in 29 chickens, Antara reported.Infected birds have been found in three of four subdistricts in Palu, and Antara reported that two chickens in neighboring Donggala district died of the disease 2 days ago.In other news, Italian health officials announced that an outbreak of a low-pathogenic form of H5N2 avian influenza had been detected on farms near Ravenna, in northern Italy, Reuters reported today. Some of the birds also had antibodies to an H7 avian flu virus, the report said.A health ministry statement said evidence of infection in the birds was found during routine surveillance on the farm, Reuters reported.A senior official with Italy’s poultry farmers union told Reuters that about 12,000 ducks and geese were culled on an industrial farm, along with about 200 chickens and guinea fowl on a smaller farm.See also:OIE reports on Pakistan outbreakhttp://www.oie.int/downld/AVIAN%20INFLUENZA/A2007_AI.php#
Metro Sport ReporterFriday 1 Mar 2019 8:15 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link Mauricio Pochettino was named the London Football Manager of the Year on Thursday (Picture: Getty)He’s young. He has done a great job in all the teams in his career, especially here, in Tottenham.I have a lot of respect for him like a person, because he’s a good person but above all like a professional and a coach. He’s young and he’s going to do important things in football.I hope tomorrow won’t be the case. I know him, respect him a lot and he’s a very good coach.AdvertisementAdvertisementMore: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Unai Emery full press conference transcript ahead of Tottenham v Arsenal Comment Advertisement Arsenal will be looking to complete a league double over Spurs for the first time in five years (Picture: Getty)Arsenal will be looking to complete a league double over Tottenham for the first time in five years when they travel to Wembley on Saturday.Unai Emery’s side produced a rousing second half comeback in November to win the first north London derby of the season 4-2 at the Emirates Stadium.Three points tomorrow would see the Gunners cut the gap to their local rivals to just a single point and Emery had plenty to say ahead of a potentially decisive encounter…Unai Emery on being nominated for Premier League Manager of the MonthI don’t think about that, my focus is tomorrow and the idea is the same. To be consistent and win.AdvertisementAdvertisementADVERTISEMENTI am thinking only about performance. But I know if we win, we are all better.The importance of the north London derby and Arsenal moving within a point of Spurs Lucas Torreira’s goal crowned Arsenal’s 4-2 win over Spurs in November (Picture: Getty)Matches like tomorrow the players know it’s important first to get three points and because it is special for the supporters.We are plying for three points and more. Each derby is different. Playing home and away can be very different.We have been speaking about the opportunity. Sometimes we can take a big opportunity like tomorrow.There was 10 points difference two weeks ago and now it’s four points. For both teams it’s very important. It’s a big opportunity for us to play with confidence in our moment but respecting them because they are having a very big season.We must play with confidence and keep our minds free.On Mesut Ozil’s goal against Bournemouth and his current mood Advertisement Mesut Ozil returned to form during Wednesday’s 5-1 win over Bournemouth (Picture: Getty)Each player has their skills. Ozil has the confidence to shoot like that, I think it’s amazing that football can have players can have this skill and do different things on the pitch.We are doing a plan for a lot of matches. Each match is different. Home, away, depending on the opposition.The most important thing is every player is OK for tomorrow.He had injuries, his back, then he was sick. That’s the reason.I spoke with him, I spoke to yo telling that when he can be consistent, available for training, it’s better for us.On the significance of Arsenal finishing above SpursUsually I’m not thinking about the ‘if’s. I’m thinking in the present and the moment.We will prepare to deliver the best performance individually and collectively. We need to be strong and we need to be very concentrated over 90 minutes and we need to read different moments in 90 minutes.When we get our chances, we need to be efficient in attacking moments against them.On Tottenham manager Mauricio Pochettino
Interested asset managers have until 19 August to apply, disclosing their gross of fees performance to the end of June.Meanwhile, the Royal County of Berkshire Pension Fund has concluded a recent tender for a new scheme actuary.Following the tender, which saw four companies apply, the £1.57bn local authority scheme re-appointed Barnett Waddingham as scheme actuary.Lastly, Ireland’s National Treasury Management Agency (NTMA) is looking to appoint an investment consultant and pension administrator for its €75.9m staff pension fund.The defined benefit scheme – currently 51% invested in equities, with a further 34.3% in bonds, 9.9% in alternatives and 4.2% in property – at the end of 2013 reported a deficit of €3.6m and returned €7.3m from investments.The agency asked that all requests for proposals be submitted by 28 August.The IPE.com news team is unable to answer any further questions about IPE-Quest tender notices to protect the interests of clients conducting the search. To obtain information direct from IPE-Quest, please contact Jayna Vishram on +44 (0) 20 7261 4630 or email firstname.lastname@example.org. A Dutch pension fund is tendering a $200m (€150m) small-cap equity mandate, using IPE-Quest.The scheme conducting search QN 1438 said it was looking to invest in US and European core small-cap stocks, with the index-tracking mandate split evenly across the MSCI Europe Small Cap index and its US counterpart.Companies applying should preferably have at least three years’ experience managing similar mandates, and $5bn in assets under management (AUM).However, the fund did not require a minimum AUM for any existing passive small-cap mandates.
Aer Lingus has received backing from shareholders to inject €150m into a new defined contribution (DC) fund, signalling an end to a protracted dispute over the €715m deficit in the Irish Airlines Superannuation Scheme (IASS).The airline, which convened this week’s extraordinary general meeting to approve the recommendations of a government-backed expert panel, saw an overwhelming majority of shareholders approve the deal.In June, the expert panel said IASS sponsors – Aer Lingus and the Dublin Airport Authority – should put aside more than €200m to address the needs of active members who would suffer benefits cuts if the defined benefit fund wound up.If the scheme were to wind up under the current priority order, which no longer grants pensions in payment absolute priority, the fund’s deficit would fall to €197m. The airline has agreed to inject €147m into a new DC arrangement for IASS members, as it is barred from making deficit reduction payments to the fund.In its third-quarter results, Aer Lingus noted that once shareholders had signed off on the deal, the Pensions Authority would need to approve the Section 50 benefits cuts put forward in the IASS funding proposal.It is unclear if the Authority will approve the Section 50 request before the end of the year, as the airline had hoped the restructuring would be complete by 1 January 2015.Aer Lingus could not be reached for comment.
He added that the alternatives portfolio would ultimately also consist of infrastructure (3%), commodities (2%) and private equity (2%).According to the secretary, the exact composition of the investment portfolio still needed to be fleshed out, and the new allocation would be implemented after the summer.He said that the outcome of the survey among its participants confirmed the higher risk profile that the board already had in mind, following a recent asset-liability management study (ALM).Although the “average participant” was slightly risk-averse, he or she nevertheless supported a modest increase of the scheme’s risk profile, the researchers concluded.They found that active participants favoured an investment mix with 40-65% of equity, whereas pensioners preferred a portfolio with 30-50% of stock.However, they noted that the interpretation of the results should also factor in the pension fund’s overall policy as well as its specific characteristics. As a consequence, the scheme should engage in additional communication about the chosen investment policy, they recommended.Pensioenfonds UWV has scheduled several debates with its participants about the survey’s conclusions for June.The study also made clear that a “large number” of participants were prepared to make additional contributions – 5.7% of their net income on average – for their pension, and that many participants expected to receive 77% of their net income in benefits at retirement.The survey was conducted by Hay Group in co-operation with Rotterdam-based Erasmus University. The conclusions were drawn from 5,600 responses. The pension fund has approximately 52,000 participants in total.At the end of April, the UWV scheme’s official policy funding level – the twelve-month average of the actual funding, as well as the criterion for rights cuts and indexation – stood at 102.3%.As the required minimum funding is 105%, the pension fund must submit a recovery plan to regulator De Nederlandsche Bank (DNB). The €7bn pension fund of UWV, the Dutch social security agency, said it would increase the risk profile of its investments, following an extensive survey into the risk appetite of its participants. The planned adjustment is to focus on reducing the current 43% strategic allocation to fixed income by 10 percentage points in favour of liquid assets, including equity, convertible bonds as well as residential mortgages, according to Frans Lemkes, the scheme’s secretary and chairman of its investment committee.At the same time, the strategic asset allocation to liquid assets is to be increased from 37% to 47% of the pension fund’s assets.The current strategic allocation to alternatives – the portfolio is still under construction – would remain at 17%, and include 10% of indirect property, said Lemkes.
Oil and gas company Aker Energy has postponed the development of its Pecan field, located offshore Ghana. As a result, Aker Energy terminated its agreement with Yinson for the provision of an FPSO for the project. Pecan field layout; Source: Aker EnergyAker Energy’s plan was to develop the Pecan field with a purpose-built FPSO connected to a subsea production system at 2,400 meters below sea level.With that in mind, Aker Energy last February entered into a Letter of Intent (LOI) with Yinson to award a bareboat charter and an operations and maintenance contract for an FPSO vessel at the Pecan field, which is located in the Deepwater Tano Cape Three Points (DWT/CTP) block offshore Ghana.The contracts would have been for a firm duration of ten years followed by five yearly extension options exercisable by Aker Energy as the operator on behalf of the license partners Lukoil, Fueltrade, and Ghana National Petroleum Corporation (GNPC).However, Malaysian FPSO provider Yinson said in an update on Wednesday that Aker Energy had terminated the LOI.The FPSO was supposed to be located over and connect to the subsea production system located at approximately 2,400 meters below sea level. Together, this would form the fourth installation to produce oil and gas resources offshore Ghana.The FPSO would have been Yinson’s second vessel to operate in Ghanaian waters, with the first being FPSO John Agyekum Kufuor, operating for Eni since 2017.According to Yinson, the termination is due to the decision made by Aker Energy to postpone the activities under the DWT/CTP Petroleum agreement and the development of the project until further notice amidst the COVID-19 pandemic.Yinson said it would preserve its right under the letter of intent for compensation due arising from the termination.Offshore Energy Today StaffSpotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product, or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.
38 Views no discussions Tweet LifestyleTravel Lufthansa and Egypt Air in ‘near miss’ at JFK runway by: – June 23, 2011 Share Share Sharing is caring! Share New York’s JFK airport is one of the busiest international airports in the USA Lufthansa jet was forced to abort a take-off from New York’s JFK airport after an Egyptian plane on the ground strayed too close to the runway.“Cancel take-off plans,” the American air traffic control official shouted over the radio.A US air traffic official said an EgyptAir jet was told to remain 250ft (76m) from the runway the Lufthansa plane was using, but moved too close.The Lufthansa jet braked quickly after being ordered to stop by air traffic.Radio chatter indicates the pilot slammed on the plane’s brakes after being ordered to come to a stop.US aviation authorities are now investigating how the near-miss came about.The Munich-bound Lufthansa plane, an Airbus A340, was carrying 286 passengers, while the Egypt air jet was a Boeing 777, the New York Post reported.Kathleen Bergen, a spokeswoman for the Federal Aviation Administration, told the Associated Press the Lufthansa plane stopped “a considerable distance” from EgyptAir flight 986.After the Lufthansa plane halted, the pilot said he had “hot brakes” and needed to take a minute. The tower controller then said a maintenance crew would inspect them.Then, a man identified as a pilot for a Virgin America plane said on the radio: “That was quite a show. We thought it was going be a short career.”BBC News