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Doreen Lawrence has 'lost trust' after Met meeting
Http://www.peutereyset.com stephen Lawrence mother has warned police it will a while to gain back trust after claims an undercover officer attempted to smear her family following the racist murder.
 Doreen Lawrence, mother of murdered teenager Stephen Lawrence, to meet Metropolitan Police chief over claims undcover officers attempted to conduct smear campaign
 Sir Bernard HoganHowe will be confronted with claims GMP's Special Branch sent memo in 1998 instructing divisions to seek information on individuals due to attend the Macpherson inquiry into police handling of Lawrence case
Doreen Lawrence met Britain's most senior policeman, Sir Bernard HoganHowe, at New Scotland Yard yesterday to
discuss allegations about the activities of the Special Demonstration Squad (SDS).
Claims have been made by former undercover officer Peter Francis that attempts were made to find information to smear the Lawrence family following Stephen's murder in April 1993.
After the meeting, she said: "Over the years we look at how many things have changed and how people are beginning to
respond to things. Now, it's like taking a couple of steps back. It will take a while to gain back trust again,
Before the meeting,http://www.peutereyset.com/peuterey-lange-nylon-damen-parka-c-288.html, Sir Bernard said he would try to answer some of the 13 questions that her lawyer submitted to the force.
Afterwards, Mrs Lawrence said: "The Commissioner was frank with some of his answers that he gave us. Well, he answered some of our questions and he needs to get answers, too. Do I have confidence in him? Whatever he has said he is trying to do, I think he will do it,
But she said she was more interested in what his predecessors knew. This commissioner has only been in his post for two years. Since the Lawrence case, there has been three before him, Mrs Lawrence said.
"I will be looking at what they knew during that time especially the commissioner who was in charge of the Met at that time, when these allegations happened,
Sir Bernard told Mrs Lawrence it was not for him to call for a public inquiry that was up to the Home Secretary. Mrs Lawrence met Theresa May on Thursday to urge her to hold a full public investigation.
Mrs May said earlier this week that the Francis claims could be examined by two existing inquiries a police investigation into the activities of undercover officers and another, led by Mark Ellison, QC, into allegations of corruption in the original investigation into Stephen's murder.
Speaking after her meeting with the Home Secretary, Mrs Lawrence said: "I made my point quite clear. For the past 20 years, we as a family have been talking about corruption and we have undercover officers trying to smear our family. I want answers. I want to know who was the senior officer who signed that off.
"We had no idea this was going on from 1993 until 1997,
Stephen's father Neville has also said he wants a judgeled public inquiry, claiming that the current investigations are not enough to get to the truth.
Sir Bernard said he has asked Mick Creedon, the officer from Derbyshire Police leading the inquiry into the SDS, to prioritise the Lawrence claims.
The SDS was set up in 1968 and dissolved in 2008, and its actions have already proven controversial. Undercover officers from the SDS have been accused of fathering children with women who did not know their true identities.
Mrs Lawrence met the commissioner as Greater Manchester Police (GMP) began their own investigation into the case.
It was claimed GMP's Special Branch sent a memo in August 1998 to all divisions seeking information on "groups or individuals" expected to attend the Manchesterbased Macpherson inquiry into the police handling of the Lawrence murder case.
SEE ALSO
 Police 'smear bid against Stephen Lawrence family'
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Chat / http://www.peutereyset.com Customers buys financial stake in India
« on: November 10, 2013, 07:37:01 am »
Customers buys financial stake in India
http://Http://www.peutereyset.com customers Bancorp Chairman and CEO Jay S. Sidhu announced a business collaboration and $51 million stake in an Indian financialservices company.
Religare Enterprise Ltd, a publicly traded company based in New Delhi, will receive the money from the Wyomissing bank holding company over the next 18 months as Religare applies for a banking license in India, Customers said.
Religare said its founders, billionaire brothers Malvinder Mohan Singh and Shivinder Mohan Singh, have decided to sell a nearly 23 percent stake to meet the Reserve Bank of India eligibility norms for new banks.
The transaction is part of a plan by the brothers to bring down their holding to 49 percent to qualify for the banking license in India.
Religare is among the contenders for new banking licenses. The deadline for applying to the Reserve Bank is Monday.
Customers will buy shares worth $22 million from the founders. It will invest another $28 million in preferential share warrants in Religare, convertible within 18 months, and subscribe to fresh shares worth $1 million, Religare said in a statement on its website.
India's central bank issued guidelines in February allowing any type of company to set up a bank.
Sidhu, who is in France on vacation, said in a prepared statement: "We http://www.peutereyset.com are very excited about working with a highquality company like Religare Enterprises.
"We think there are mutually beneficial opportunities for both organizations to explore. Going forward, our management team's extensive banking experience will be available to Religare in its banking foray,
Sidhu, a native of India, said Customers agreed to invest in India after doing research on investment opportunities in the financialservices industry there and hiring consultants Dinodia Capital Advisors, also in New Delhi.
"This is part of the way that can reduce their (the Singhs') stake,http://www.peutereyset.com, said James D. Hogan, chief financial officer at Customers. "It's been years since they (Reserve Bank) issued a bank license. We think Religare would be in a really good position to compete for one and we're certainly hopeful they will become a bank and serve an underserved population,
Hogan said Customers is hoping what it gets out of the deal is a referral system of Indian customers to Customers and the other way around.
Through the Religare collaboration, Hogan said Customers plans to set up a small group catering to professionals from Southeast Asia and businesses who want to take advantage of opportunities there.
"This is a rapidly growing niche in our markets from Boston to Washington, Hogan said.
He said Sidhu has spent some time in India re

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Danubian School definition of Danubian School in the Free Online Encyclopedia
http://Http://www.peutereyset.com danube schoolTradition of German landscape painting and etching that developed in the Danube http://www.peutereyset.com River valley between Regensburg and Vienna in the early 16th century. The most important artists http://www.peutereyset.com associated with the movement were Albrecht Altdorfer and Lucas Cranach the Elder; others included Wolf Huber (1485 and J Breu the Elder (1475/76 They were among the pioneers in depicting landscape for its own sake, often in highly subjective, expressive fashion.
Danube School a movement in painting and graphic art that arose in southern Germany and Austria in the first half of the 16th century. The early works of L. Cranach, the works of A. Altdorfer and W. Huber,http://www.peutereyset.com/peuterey-microtel-kurzfristig-herren-jacke-c-318.html, as well as a number of works of H. Lautensack, A. Hirschvogel, and J. Breu, are representative of the Danube school of art. The works of this school, representing a complete break with medieval artistic traditions, are characterized by freedom of imagination, intensity of feeling, romantic and at times fantastic images, an interest in nature (especially river and forest landscapes) and in space and light, a dynamic and impetuous manner, expressiveness of drawing, and intensity of color.相关的主题文章/Original Link:
 
 
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Arts center puts Arlington on the map
http://Http://www.peutereyset.com with its diverse population and embrace of multicultural influences, Arlington finds many ways throughout the year to celebrate communities all around the world.
But once a year, the Arlington Center for the Arts turns its perspective inward, to commemorate the town itself.
The 10th annual installment of of Arlington is centered around the theme of Arlington on the Map and artists of all ages were quick to seize the challenge.
Suzanne McLeod made a Triptychs out of items she found at the curb on three successive rubbish pickup days in town. Timothy Wilson used his camera to explore Arlington Old Schwamb Mill, the oldest continuously operating mill in the United States. And Nilou Moochhala made a collage out of Arlington maps.
For the past eight years, of Arlington has also included participation by fifthgraders at Arlington two public elementary schools. Art teacher Deborah Chisholm, who has helped her students participate in the exhibition since it began, set up this year undertaking by showing her students ways that contemporary artists had made art from maps.
But the possibilities for using maps as a medium multiplied unexpectedly when found out about a large supply of 30yearold Arlington precinct maps the arts center had in storage. Once the students had the maps in hand,http://www.peutereyset.com/peuterey-greenwich-herren-jacke-c-315.html, all kinds of ideas bubbled up.
used the actual maps as a historical background and designed images to go on top of the map, such as Paul Revere ride. Others cut the maps into collages or created their own maps of Arlington based on the landmarks that were most significant to them. Shoemaker, who is the nonprofit center communications director and served as curator for the exhibition, saw a similar range of responses from adult contributors.
artist created a linoleum block print on canvas depicting last summer microburst in Arlington, which knocked down over 100 trees. That was an interesting way to commemorate current events here, she said. looked back to a much earlier history, such as the artist who made a collage of print material depicting Uncle Sam, who was reputedly born in Arlington. part, Shoemaker explained, the theme of maps ties in to a website called Arlington Interactive, being developed this spring in collaboration with the MIT Mobile Experience Laboratory.
website is sort of like a Google map in that you can zoom in and out and pinpoint different spots in town. But we are also populating the map with the kids and adults depictions of local landmarks. So, for example, she said, can click on an image of artist John Maciejowski abstract ice cream cone painting, and it will direct you to the Chilly Cow ice cream shop on Mass. Ave. The student entries will be up through May 14.
CHILDREN STAGE: Velveteen Rabbit, Margery Williams classic tale of a toy rabbit made real through a child love, will be performed by Concord Youth Theatre Main Stage troupe (ages 1018) this weekend and next. on May 19 at 358 Baker Ave. in Concord.
The program features three selections: Randall Thompson Peaceable Kingdom, Eric Whitacre Hebrew Love Songs, and Night of the Soul by Ola Gjeilo.
The singers will be accompanied by violinist Khanh Trinh and Judy Yauckoes on piano, and joined on stage by the Algonquin Regional High School Chamber Singers for one piece. General admission tickets are $20, or $15 for students and seniors. Sunday in First Parish Unitarian Universalist of Arlington, 630 Massachusetts Ave http://www.peutereyset.com.相关的主题文章/Original Link:
 
 
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ABB Management Discusses Q1 2013 Results
Http://www.peutereyset.com ladies and gentlemen, good morning or good afternoon. Welcome to the ABB First Quarter 2013 Results Analyst and Investor Conference Call. I'm Julia, the Chorus Call operator. [ Instructions] At this time, it's a pleasure to hand over to Mr. Joe Hogan, CEO of ABB; and Mr. Eric Elzvik, CFO of ABB. Please go ahead, gentlemen.It's Joe and Eric, and thanks for joining the call. And good afternoon to everyone. Let me call your attention to Chart 2, and that's our Safe Harbor statement. And I challenge anybody to find the change in that for the last couple of quarters, I guess.Moving on to Chart 3. We feel good about the quarter, overall, from an operational standpoint and also from a strategic standpoint, too, and we'll talk more about that. Given the uncertainties in the global economy, we feel that we performed as we should have and as we'd planned. We continue to execute well and we're balancing solid cost discipline and that we see across the portfolio with targeted growth in businesses in regions where we have competitive advantages, especially in areas like industrial efficiency, power reliability and renewable energy.Our balanced portfolio and global footprint contributed to the resilient performance overall, allowing us to find and capture growth opportunities in a mixed market. For example, we won some key orders in marine and mining and robotics, and increased emerging market orders by doubledigits by 10%. We lifted total revenues on both an organic and an inorganic basis. Our execution on cost remains strong with very tight discipline on our G expenses. Continued success in sourcing and productivity improvements saved us about $260 million in the quarter.The Thomas Betts integration and synergies were on track. We're very pleased with this acquisition and the improved balance it gives us in the North American marketplace. Power Products team turned in another very good performance with an operational EBITDA margin of 14.9%, again, within our guidance of 14.5% to 15% for the full year. Thanks to solid execution on cost and selective growth initiatives in more profitable end markets. And we announced the planned acquisition of PowerOne earlier this week to tap what we think will be one of the most dynamic and attractive Power markets in the future, with solar inverters and it plays right into the combined strengths of automation and power as we described earlier this week.Moving onto Chart 4 and looking at the quarterly overview. I already mentioned the mixed demand environment that we see out there, which you can see reflected in our topline numbers. We generated a solid increase in operating earnings and margins. This is partially due to an easier yearonyear comparison. As you recall, we saw some weakness in the first quarter last year, but also the result of ongoing efforts to target more attractive end markets; to improve our service offerings; and to be more selective on the kinds of projects we take, especially in Power.And also, thanks to our continued success in balancing growth and cost, which is the foundation of our strategy, our execution on costs remained strong in the first quarter with tight discipline on G expenses, continued success in sourcing and productivity improvements, again, saved us $260 million. Eric will break that down for you in a moment.We also achieved these results despite continued demand headwinds. decelerated further in the quarter and industrial investments in much of Europe remained mixed. Cash flow was lower than we'd like, but it's largely expected and mainly reflects the timing of project execution, so we expect to see a recovery in the coming quarters as we always do at ABB,http://www.peutereyset.com/peuterey-lange-nylon-damen-parka-c-288.html, given the cyclical nature of our cash.Moving on to Chart 5. This chart highlights what we think is a key competitive advantage for ABB, namely our varied, balanced business and geographic scope. For example, we now have some 60% of our business now coming from the Automation side, which helps us take up some of the slack that we've seen in the Power cycle. Similarly, we've enhanced our presence in North America and that's contributed to the resilience of our results. And the share borders from a strong emerging markets' presence is again returning to near 50%, 48% of total orders in Q1. This has helped mitigate much of the market turbulence and allowed us to tap opportunities for profitable growth.Moving on to Chart 6. Here's a look at the regional highlights in some of our key industries. Starting with the Americas, orders were lower on an organic basis. That mainly reflects the tougher comps that we had versus Q1 last year in North America, especially in our Power business. As I mentioned earlier, we saw a continued yearonyear deceleration on order growth in the United States in Q1. We have to wait and see how this develops over the rest of the year, but we think that's a good sign.Europe was also, again, a very mixed bag. This quarter, we saw strong improvements in Eastern Europe; Poland, Lithuania, HVDC, large order link; and Russia, mine hoists. These offset weaker orders in some of our traditional Western European markets like Germany and Switzerland. However, we also saw good growth in countries like France in our Power business and the Netherlands in all of our divisions except for PA.So again, it's difficult to draw any general conclusions. The only conclusion I'd draw from the European discussion is that we have really good diversification from what we can sell in Europe, and you can see that on our portfolio, that we can drive in the kind of economic environment over here that we're seeing that we have just minus 1% in orders, relatively flat, I think is a great tribute to the diversity and the work of the team here.Asia also improved the results. China returned the demand levels of 2011 after a softer 2012 1Q. In the Middle East and Africa, our strong presence in South Africa helped us to offset [indiscernible] some of the weaknesses in other parts of the Middle East and Africa.Moving onto Chart 7. Here are just some key orders, and I don't want to walk through each one, but what I hope you see through this is just the diversification in region and also product line that we have in these different orders, and you see it across the Automation portfolio and also the Power portfolio, too.Moving to Chart 8. And that's just a look at orders in revenue by individual divisions. So when you look at DM, revenues reflect execution of a strong order backlog, especially in robotics, and service revenue is up 5%. In LP and lowvoltage products, really steady organic we mean almost flat to one up. And this is our earliest cycle business, and no matter where we are around world, it's our biggest heads up in the sense of where economic activity is going, and so we see it relatively flat in that sense.Process Automation, higher mining and marine orders offset weaknesses in other sectors. We get a lot of questions on how we're doing from a marine standpoint in a down marketplace, and our comments are a lot of the marine that we do in PA has to do with oil and gas and offshore, and that's why we've been able to tap into that sector that has some robust investment.On PP, order selectivity in a challenging market overall. So Bernhard and his team were just, given the quotations that are out there today and the diversity of our product line and also our global footprint, we're able to pick the jobs that we like and there's enough robustness in the jobs out there that allow us to do that. On PS, we talked extensively with you in the fourth quarter about our PS reset. You're starting to see some of the benefits of that with the 8.3% for the quarter, overall, we'll talk about it in a moment. But it's also reflected in the orders being down in the sense that we're going to be more selective in the jobs that we take. And overall, you'll see this balance out as we go through the quarters in the year.So moving on to Chart 9, which is basically, when you look at the operational EBITDA and operational EBITDA margin, you can read through this yourself, too, but we have higher revenues in DM, a little less favorable mix. And what we mean by that is that you have both mediumterm and shortterm products in the portfolio of DM. Right now, we have more of the mediumterm coming in and that does give us a little bit of the shift in mix and a shift in margin side.LP, margin is up organically on improved cost control and better capacity utilization. PA improved project execution and higher full service margins. And in Power products, really favorable business mix and price pressure is mostly offset by cost savings. That team continues to execute well. And PS, we just talked about that.So with that, I'll turn it over to Eric, and he'll walk you through the waterfall.Yes. If you take a look at the EBITDA bridge we have here a presentation, which reflects the factors that impact our operational EBITDA. Performance has been slightly changed from the last quarter. You see in the first column, the net savings, the price pressure combined with the cost savings, that's the way we like to see it. And you can see we were successful to get a net effect out of that with more savings than price pressure in this quarter.Looking at the volume effect. So despite the limited revenue increase, we have a positive effect from the volume as we have kept the expenses under tight control. So $115 million improvement comes from there. Looking down further to the mix, that is negative and it's mainly within the divisions. There's a different mix between projects and products, geographies. There's a big variation in different places, but net to that is a, slight pressure on the mix. And as you can see, Other is almost nothing before arriving at the $1,360 billion and then adding the T contribution, bringing us to the EBITDA margin of 15.5% 15.0%, as you can see.Looking at the EPS slide on Chart 11. You can see that we had a, under net income, a reduction of 3%, but if you consider the amortization and the timing difference is mainly from derivatives that we book from an accounting point of view every quarter. We had actually an operational net income before amortization and improvement of the earnings per share of 16%. So we think that's a good reflection also on how the operational EBITDA has improved during the period.Turning to Chart 12. This is the update on Thomas Betts. Integration is on track, we had a strong start in the year with stable revenues, roughly $590 million with about $100 million operational EBITDA; margin at 16.6% versus 18.1% a year ago. That's against a strong comparable and also some of the mix impacts on Thomas Betts. But overall, integration is well on track. We are starting to get these cost synergies and also some early signs of the revenue side. The special items on amortization stays unchanged from before, so there's no change on the guidance on that side.Continuing to Chart 13. On the cash flow, you can here see that the regional cash flow was lower than last year. That's mainly due to timing of project payments and as well as the cash impact from the PS reset. We have a seasonal effect on cash flow, the first quarter is always weaker. And this year was specifically even perhaps more weak than the normal cycle because of those effects.All in all, the net working capital is at 16.4% and we continue to work hard to improve this and foresee that we will have stronger cash flow in the coming quarters.And so moving onto Chart 14, the technology innovation chart. We just want to show you just some of the products that have been successful for us recently. We announced that 1,000 kilowatt central solar inverter. And so when we do a deal, as we have with PowerOne recently, as we've mentioned, we do it from a standpoint of really understanding the market better than we did 3 or 4 years ago. And so as we go into that acquisition, we understand the technology, the regions, some of the grid codes and different things it's responsible for, and that's why we feel we could accelerate our efforts there. But that acquisition made a lot of sense at this point in time.On righthand side, the launching of our first DC grid on a ship, Norwegian offshore supply vessel. This is where about 20% of the energy is saved and a huge amount of cargo space that's saved by going with DC. We want to look at the trends translating that into other marine applications that are intermittent like this that allow for that kind of technology.相关的主题文章/Original Link:
 
 
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