Why I think the Vodafone share price could surge in 2020

first_imgWhy I think the Vodafone share price could surge in 2020 Alan Oscroft | Wednesday, 29th January, 2020 | More on: VOD Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Alan Oscroftcenter_img Image source: Getty Images. Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. On Wednesday, Vodafone (LSE: VOD) told us it has agreed to sell its 44% shareholding in Vodafone Egypt.The sale, for $2,392m to Saudi Telecom Company, is not in itself particularly momentous. But I think it represents one more step in Vodafone’s improving business focus.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It comes a few days after it announced a partnership with Sunrise of Switzerland. I like to see the group taking part in more modern networks and services in developed countries. We’ve had a series of new tie-up announcements, and I think it’s mostly heading in the right direction.For a long time, I’ve seen Vodafone as a ragbag of worldwide phone companies. In fact, I’ve found it hard to see anything beyond the sum of the parts. Couple that with a long-term overvaluation, plus stubborn and unaffordable high dividends, and I saw a sell.DividendThe dividend problem has been, at least partially, alleviated now. Vodafone finally slashed the annual payment, by 40%, for the year to March 2019. But it was still nowhere near covered by earnings that year. Cover should return by 2021 if analyst forecasts are accurate, but it will be very thin at around 1.1 times.But sentiment, at least, does seem to be turning in Vodafone’s favour. After falling approximately 40% in the five years to May 2019, Vodafone shares have been picking up. And since that 2019 low, we’ve seen a 24% rise.Forecast earnings for the year to March 2020 put Vodafone shares on a P/E of 24, which might seem steep. But after a few up-and-down years, analysts are predicting some solid earnings growth to come.A predicted EPS increase of 35% in 2020/21, followed by another 20% for 2021/22, would drop the P/E to around 14.5. If earnings rises should continue beyond then, I could see that as a tempting growth valuation. But it’s more than two years away, 5G technology is only just getting started, and there’s intense competition.Resurgence?I do expect the Vodafone share price recovery to continue throughout 2020. That’s essentially because the 5G thing, plus those earnings forecasts, paint a tempting growth picture. And investors always seem ready to jump on the next growth prospect.But I fear the optimism is premature, and that the resurgence could turn bad again over the next couple of years. Vodafone will need to invest a lot of cash before it sees big profits from 5G technology, and I wonder if those forecasts are unjustifiably rosy.Then there’s Vodafone’s debt. At the halfway stage at 30 September, net debt stood at €48.1bn, up from €27bn at 31 March. That massive rise was partly due to assuming debt of €18.5bn from the acquisition of Liberty Global assets, but some was down to cash outflow.Dividend againThat doesn’t help with the expenditure needed for all that 5G investment. Vodafone’s withdrawal from its older and lower-technology markets and the offloading of those assets is generating cash. But they’re not huge sums, and I can see a financial squeeze coming.The dividend cut that we’ve already seen needed to have come a lot sooner, and I reckon the current dividend should be pared back even further. Until I see Vodafone’s cash management looking a lot more settled, I’m keeping away — even if I do think there’ll be short-term gains. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

My 3 favourite dividend shares right now

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. In my own portfolio, I have a fairly healthy mix of investments for income and for growth. Naturally there is crossover – I want my dividend shares to have growth potential, and I usually like my growth shares to pay a dividend. Adhering to my own set of criteria for choosing income shares, here are my personal top three choices right now.BAE SystemsBAE Systems (LSE: BA) has been a key component of my portfolio for many years. It has been a solid performer, in a sector that is less prone to rapid fluctuations. That makes it defensive, in both senses of the term.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Its current yield of about 4.5% is by no means the largest out there, but it has been consistent. I also feel that in times of risk, like we are in now, BAE’s prospects seem fairly secure. The UK government, for example, announced its intentions last year to increase defence spending.Of course no share is without its risks. My main concern across most sectors right now is the potential for a global recession on the back of Covid-19. BAE makes much of its money from exports to other nations. This could be at risk for its profits and share price.BPAnother share that has been in my portfolio for a while, BP (LSE: BP), has growth as well as income potential, I believe. However the growth side is probably the riskiest aspect. Oil prices have bounced back somewhat from last year’s lows, but any global recession could put a halt to this.In terms of dividend shares, however, I think BP is a strong play. Despite cutting its dividend last year, and seeing its share price recover a lot of ground, it is still yielding about 5%. It also has a pretty solid record of dividend payments. If its income stream remains stable, I am sure its dividend payout will as well.GlaxoSmithKlineWith Covid-19 vaccines dominating news headlines for months now, it is no surprise a pharmaceutical firm makes it onto my list. In terms of dividend shares in the sector, GlaxoSmithKline (LSE: GSK) comes out ahead in the majors, offering a yield of about 5.5%.Though I don’t expect GSK to benefit directly from the vaccines, I suspect the sector, as a whole, should do going forward. It looks almost certain that Covid-19 will be with us for some time. Treatments, vaccines, and government support should help bolster the sector.Again, no investment is without its risks. As with the others, I think global recession is the biggest one for GSK at the moment. Big Pharma suffers from the purchase of non-branded versions of their drugs in countries like China.In times of recession, this becomes an even bigger problem, and one that governments may be less inclined to stop. Making medicine more expensive for the poor does not play well politically. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Karl Loomes | Thursday, 25th February, 2021 | More on: BA BP GSK Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Click here to get access to our presentation, and learn how to get the name of this ‘double agent’! My 3 favourite dividend shares right nowcenter_img See all posts by Karl Loomes Image source: Getty Images Karl has shares in BAE Systems and BP. The Motley Fool UK has recommended GlaxoSmithKline. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. There’s a ‘double agent’ hiding in the FTSE… we recommend you buy it! Enter Your Email Address Don’t miss our special stock presentation.It contains details of a UK-listed company our Motley Fool UK analysts are extremely enthusiastic about.They think it’s offering an incredible opportunity to grow your wealth over the long term – at its current price – regardless of what happens in the wider market.That’s why they’re referring to it as the FTSE’s ‘double agent’.Because they believe it’s working both with the market… And against it.To find out why we think you should add it to your portfolio today…last_img read more

This is what I’d do about the Fevertree Drinks share price!

first_imgThis is what I’d do about the Fevertree Drinks share price! Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Fevertree Drinks. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images. The Fevertree Drinks (LSE: FEVR) share price has taken a mighty whack over the past couple of days. Since the release of full-year results on Thursday the mixers manufacturer has lost almost a fifth of its value. Fevertree shares are now trading at their cheapest since early November around £21 each.Remember, though, that the Fevertree share price is still up a whopping 125% over the past 12 months. Here’s why I would — and wouldn’t — buy Fevertree shares for my own Stocks and Shares ISA today.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Positive omens for the Fevertree share priceThere are several reasons why I think the Fevertree share price could rebound strongly:#1: The leisure sector reopens. Demand for Fevertree’s drinks took a hit due to Covid-19-related lockdowns across its major markets last year. Revenues at the firm dropped 3% year on year to £252.1m and pre-tax profits tanked 29% to £51.6m. However, a steady fall in infection rates in Fevertree’s core UK and US markets is fuelling hopes that bars and restaurants in these regions will reopen en masse soon, drawing a line under the company’s recent woes.#2: Successful foreign expansion. The approach Fevertree has taken to foreign expansion has been highly impressive. It’s entry into the US has been hugely successful and the company now generates almost a quarter of group revenues Stateside. Sales are soaring elsewhere too (turnover outside Europe and the US soared almost 60% in 2020 despite those Covid-19-related issues).#3: Strong future dividend growth. Even though profits slumped in 2020, Fevertree’s strong cash generation still allowed it to keep hiking dividends. The total payout rose 4% year on year to 15.68p per share. Over the past five years annual dividends here have risen by more than 150%. And City analysts expect the company to turbocharge payment growth again from this year (rewards of 19.8p and 23.1p are predicted for 2021 and 2022 respectively).Hold your horsesThat said, there are noteworthy reasons why the Fevertree share price could extend its recent bad patch. The fight against coronavirus remains tough and any uptick in infections in the company’s core markets could demolish a strong profits rebound in 2021. Competition in the drinks mixer segment is also intense and Fevertree could lose customers to its cheaper rivals in these tough times.What’s more, the Fevertree share price commands a lofty forward price-to-earnings (P/E) ratio of around 44 times. Such high valuations are common amongst UK shares that market-makers expect to deliver mighty profits growth. City analysts expect the AIM-quoted company to deliver profits increases of 36% and 22% in 2021 and 2022 respectively. Signs that Fevertree’s sales continue to struggle might well prompt a fresh share price collapse.That being said, I still think Fevertree could prove a brilliant buy over the next decade. The soaring popularity of premium drinks provides shedloads of opportunity for the UK drinks share. And aggressive expansion will allow the business to capitalise on these sales possibilities to the max. I think the falling Fevertree share price presents an excellent dip-buying opportunity for me. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Royston Wild | Saturday, 20th March, 2021 | More on: FEVR Enter Your Email Address See all posts by Royston Wildlast_img read more

New Civil Society Strategy welcomed as good starting point

first_img  109 total views,  1 views today Commenting on the strategy launch, Paul Streets OBE, Chief Executive, Lloyds Bank Foundation for England and Wales said the Strategy was a good starting point with much in it to be welcomed but that more needed to be done.“We are pleased the Government has recognised the importance and value of small and local charities and the pressures they are under. But we now need to see Government driving action on the ground – providing the leadership, effort and commitment to deliver real change for charities. They must also make available the resources hard-pressed small and local charities on the frontline need, and ensure their voices are welcomed around the policymaking table no matter how controversial their campaigning angle or how localised their service provision.“And we would challenge the Government to go further in replacing contracts with grants and releasing more of the billions in dormant assets and committing this to the issues in society that are toughest to fund and hardest to fix, but where charities are best equipped to provide solutions like abuse and exploitation, criminal justice or addiction, and in the most deprived areas.“This is a good starting point for the future of a stronger Civil Society, but with so many charities and communities under extreme pressure, there is not a moment to lose. We and the small and local charities we support and partner with look forward to working with Government to turn these aspirations into concrete reality.”Peter Lewis, Chief Executive of the Institute of Fundraising, also commented, saying:“There are some positive ambitions set out by the Government, for “the UK to become the global centre for philanthropy practice”, and an aim to make giving as easy and as compelling as possible. These are commendable aspirations, and there are some positive ideas in the strategy to explore collective and place-based giving and a renewed focus on corporate philanthropy.“However, we believe the strategy could have gone further in clearly setting the government’s role in promoting philanthropy and giving across all government departments and embedding an ambition to raise, celebrate, and promote charitable giving more widely.“The new strategy states that it is the start of a conversation, not the final word, and we will need continual engagement and dialogue with Government and partners in the sector to drive meaningful change and we look forward to working with DCMS to build on its plans.”  110 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis20 Melanie May | 9 August 2018 | News New Civil Society Strategy welcomed as good starting point Tagged with: Civil Society Strategy DCMS Institute of Fundraising AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis20 The Government has today published its Civil Society Strategy – its first in fifteen years – in which it vows to bring together businesses, charities and the public sector with a number of reforms.Unveiled by Tracey Crouch, Minister for Sport and Civil Society, the new strategy places communities at the centre of decision-making and focuses on five key foundations of social value: people, places and the public, private and social sectors.Key announcements includeUnlocking £20 million from inactive charitable trusts (those which spend less than 30% of their annual income) to support community organisations over the next two years. The work will be carried out in conjunction with the Charity Commission and UK Community Foundations.Launching an ‘Innovation in Democracy’ pilot scheme in six regions across the country to trial creative ways for people to take a more direct role in decisions that affect their local area.Establishing an independent organisation that will distribute £90 million from dormant bank accounts to get disadvantaged young people into employment.Creating an independent organisation to use £55 million from dormant bank accounts to tackle financial exclusion and the problem of access to affordable credit.Supporting charities to make their voices heard on important issues and ensuring charitable trustees reflect the diversity of the society they serve.The strategy also outlines additional steps, which include creating a major new Leadership Group formed of senior figures from the business, investment and social sectors aimed at putting social and environmental responsibility at the heart of company decisions, using digital technology for good, and improving the use of the Public Services (Social Value) Act 2012 to ensure organisations can generate more social value for communities when spending public money on government contracts.Tracey Crouch, Minister for Sport and Civil Society, said:“Civil society is the bedrock of our communities. It is made up of the volunteers, youth workers, charities and innovative businesses that work to improve lives and make areas better for all. Our strategy builds on this spirit of common good to help create a country that works for everyone. I want people, organisations and businesses to feel inspired to get involved and make a difference. Through collaboration, we will unlock the huge potential of this incredible sector, help it grow, support the next generation and create a fairer society.” Advertisement About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.last_img read more

Top 10 movies to look forward to in 2018

first_imgReddIt Twitter ReddIt Linkedin Linkedin Review: ‘Ready Player One’ is a ton of fun + posts Previous article‘More than a major. A movement.’Next articleStudy ranks TCU third for liquor-law violations per 10,000 students William Konig RELATED ARTICLESMORE FROM AUTHOR World Oceans Day shines spotlight on marine plastic pollution Welcome TCU Class of 2025 Twitter William Konighttps://www.tcu360.com/author/william-konig/ Review: predictions on who will win the Oscar vs. who shouldcenter_img William Konighttps://www.tcu360.com/author/william-konig/ Review: ‘Black Panther’ delivered even with high expectations William Konig TAGSAvengersMarvelmovies William Konighttps://www.tcu360.com/author/william-konig/ TCU places second in the National Student Advertising Competition, the highest in school history printWe’ve said goodbye to 2017 and with it goodbye to suction cupping your lips, everyone talking about fidget spinners and the year where they gave out the Oscar to the wrong movie.While 2018 has already given us teens eating Tide Pods and putting us one year closer to the next Game of Thrones season, there is also a whole slate of movies coming up to that you should look forward to. Here’s my list of the top 10 I’m most excited for:10. “Red Sparrow”“Red Sparrow” is coming out March 2nd and is starring Jennifer Lawrence. She is playing a young woman who turns to a secret intelligence service that trains women to use their mind and bodies as weapons. Having Jennifer Lawrence in a spy thriller has me thinking this could be a cool film and one to look out for in March.9. “A Wrinkle in Time”This movie is set up big with an all-star cast including Oprah Winfrey, Reese Witherspoon, Chris Pine and Zach Galifianakis. Based off of a children’s book, “A Wrinkle in Time” is set to release March 9 and is likely to be a big hit.8. “Under the Silver Lake”Although we don’t know a ton about this movie yet, we know that Andrew Garfield is set to star in the film. The film is American neo-noir crime thriller and is set to release some time in 2018. And besides, who wouldn’t want to see the former Spiderman back on the crime movie circuit?7. “Mortal Engines”This may be the biggest hit or miss film on the list. Produced by Peter Jackson this film is set in a post-apocalyptic steampunk world and humans are trying to survive on gigantic moving cities and must gain resources by attacking smaller cities. As fun and weird as this sounds, we are going to have to wait until Dec. 18 to see this one.6. “Black Panther”What kind of a year would it be if there wasn’t at least one Marvel movie on this list? While this is not the only Marvel movie on my list it is the first one. If you don’t think people are excited about this one, you’ve clearly never been on Twitter, as it holds the record for most pre-sale tickets sold for a Marvel Cinematic Universe film. The film is only a few weeks away, coming out Feb. 16.5. “Isle of Dogs”A stop-motion animated movie made by Wes Anderson and voiced by Scarlett Johansson, Edward Norton, Bill Murray and Bryan Cranston seems like a film too big to fail. The film takes place in a Japanese city where the mayor has banished all dogs to a garbage dump island. Soon a 12-year-old kid comes to the island in search of his dog. The movie is set to release on March 23.4. “Spider-Man Into the Spider-Verse”This animated Spider-Man film is a long way away, not coming out until Dec. 14. But if you see this trailer you will understand why this movie is so high up on my list. It looks like it includes some of the best animations I have ever seen and I cannot wait to see this in a movie theater.3. “Ready Player One”This movie is being directed by Steven Spielberg and is coming out March 30. The film is set in 2045 when the world is on the brink of destruction and the creator of the OASIS (virtual reality universe) hid an easter egg in the world and the person who finds it will receive his fortune. This movie is set to have many references to old movies and pop culture throughout the film.2. “The Incredibles 2”We have waited 14 years for the sequel to this movie and we are finally going to get on June 15. There isn’t much more to say then this movie is going to be awesome and there better not be any screaming children in the theatre for this one.1. “Avengers: Infinity War”Avengers was the obvious choice to go with for this year. All these movies that we have been seeing for many years have been leading up to this film. Coming out May 4, the Avengers are taking on the most dangerous villain yet: Thanos.It’s safe to say 2018 has potential to become a great year in film history. Facebook William Konighttps://www.tcu360.com/author/william-konig/ Review: ‘Love, Simon’ is actually a cute romantic comedy Facebooklast_img read more

Paws while we light up Limerick

first_img#LiveableLimerick Christmas Dash to raise funds for charity Facebook Advertisement New Years Eve Firework display and Christmas events for Limerick City Limerick Post Show | November 15th, 2019 RELATED ARTICLESMORE FROM AUTHOR Mungret fundraiser of fashion, food, art and song NewsCommunityPaws while we light up LimerickBy Editor – November 1, 2017 5130 WhatsApp PAW PatrolLIMERICK City will “paws” to enjoy the festive atmosphere when the Christmas lights are switched on later this month by some very special guests.Skye, Marshall and Chase from the popular children’s television show ‘PAW Patrol’ are taking time out from their heroic adventures to help Mayor Stephen Keary and Santa Claus turn on the lights and kickstart the festive season.Thousands of people are expected to attend the ‘Light up Limerick’ switching on ceremony on O’Connell Street at 6pm with entertainment starting from 4.30pm. Sign up for the weekly Limerick Post newsletter Sign Up Lighting up LimerickThe crowds will be entertained by street performers and special guests including soprano Sinéad O’Brien, tenor Derek Moloney, the Limerick Gospel Choir and musician Jason Hennessy.  The Christmas programme in Limerick is being co-ordinated by Limerick City and County Council with support from Grooveyard Event Management and GoldieFish events. Full details of the Christmas in Limerick 2017 programme will be announced at the event.center_img Rose of Tralee to turn on Limerick Christmas Lights Linkedin Dashing through the streets to light up Limerick TAGSchaseChristmas lightsDerek MoloneyJason HennessyLight Up LimericklimerickLimerick Gospel ChoirMarshallMayor Stephen KearyPAW PatrolSinead O’BrienSkye Email Previous articleLimerick rail services hit by industrial disputeNext articleInvestigation into 74 deaths at Limerick Hospital Editor Print Twitterlast_img read more

Man charged with punching disabled brother in chest

first_img Twitter Man charged with punching disabled brother in chest By Digital AIM Web Support – February 24, 2021 Facebook Twitter TAGS  Pinterest Previous articleOHS Lee Softball Playoffs 10Next articleHIGH SCHOOL BASEBALL: Odessa High rallies to win playoff opener Digital AIM Web Supportcenter_img Facebook Pinterest WhatsApp WhatsApp Andrew Torres A man reportedly punched his brother in the chest who had his voicebox surgically removed and breathing tube implanted in his throat, an Odessa Police Department affidavit detailed.Andrew Torres, 45, was arrested and charged Saturday with injury to a child, elderly or a disabled individual, a third-degree felony. On Monday, Torres was charged with fugitive from justice from Lea County, N.M., jail records show.The reported assault occurred at 7:47 p.m. Saturday in the 3000 block of Pleasant Avenue, the affidavit stated.The victim, who was identified as Alvino Sainz, who was reportedly forced to communicate with written notes and hand gestures due to the fact that he couldn’t speak after his voicebox was surgically removed and breathing tube implanted in his throat because of throat cancer.Torres was located in the master bedroom of the house as he was hiding on the floor between the bed and the wall, the affidavit stated. Torres was detained.Sainz stated that he and Torres were arguing and the argument become physical when he was trying to go to the back in the house and Torres was trying to hold the door closed, the affidavit detailed. Torres pushed him and then reached around the door and hit him three times in the chest with closed fist.A witness stated he saw Torres push Sainz and as Sainz was trying to open the door, Torres was trying to hold it closed, the affidavit stated. The witness also stated that while Sainz and Torre struggled with the he saw Torres reach around and punch Sainz in the chest with a closed fist.Officers saw visible injuries on Sainz’s chest area, the affidavit detailed. There was also blood along the top of the breathing tube in his throat. Sainz stated there’s normally mucus in the tube but only blood when irritated, which was caused by being punched in the chest.Torres was arrested, charged and transported to the Ector County Law Enforcement Center. He has two bonds totaling $75,000 and was still in custody as of Monday afternoon, jail records show. Local Newslast_img read more

DS News Webcast: Wednesday 6/11/2014

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago 2014-06-11 DSNews About Author: DSNews Servicers Navigate the Post-Pandemic World 2 days ago Home / Featured / DS News Webcast: Wednesday 6/11/2014 Subscribe The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles in Featured, Media, Webcastscenter_img The Best Markets For Residential Property Investors 2 days ago Previous: Home Warranties Help Homes Sell Faster, Higher Prices Next: SterlingBackcheck to Offer Background Screening Solution DS News Webcast: Wednesday 6/11/2014 Is Rise in Forbearance Volume Cause for Concern? 2 days ago  Print This Post Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago June 11, 2014 782 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily The Mortgage Choice Act of 2013 cleared a major hurdle, passing in the House despite reservations from critics who say it may reopen the door to irresponsible lending. Introduced last year by a bipartisan group of representatives, the bill would amend the Truth in Lending Act to exempt fees from affiliated title companies from counting toward the 3 percent point and fee threshold established in the Qualified Mortgage rule. The bill would also clarify the treatment of insurance and taxes held in escrow.However, not everyone agrees with the bill’s approach. In a statement released Monday, the Center for Responsible Lending said H.R. 3211 could “upset the careful balance struck by the Consumer Financial Protection Bureau” in its creation of mortgage rules designed to protect consumers. Still, Monday’s news garnered praise from industry groups, including the National Association of Realtors, the National Association of Federal Credit Unions, and the Mortgage Bankers Association, among others.A study released by the Service Contract Industry Council found that homes covered by a protection plan sell faster and for more money than those without one. According to the group’s most recent look at nationwide home sale prices, homes sold with a protection plan spend, on average, 11 fewer days on the market. SCIC’s findings also show that homes on average sold for about $2,300 more when covered by a plan, and the ability to transfer a home warranty to new owners creates added incentives for buyers.last_img read more

Special council meeting to discuss weather response and cost

first_img Guidelines for reopening of hospitality sector published Facebook Previous articleInishowen NCT centre open for businessNext articleMan charged with causing death of Derry man News Highland Google+ As Donegal County Council and the government’s Emergency Response Committee reiterate the need to conserve water, the way the council dealt with the severe weather is to be discussed at a special council meeting on Friday.The meeting will see officials brief councillors on how much was done, and what the cost of the work will be.This special meeting of council has been call to present members with a comprehensive report on all the services provided by the Council since the start of the severe weather conditions, and to discuss plans for dealing with any possible further periods of severe weather, as well as dealing with all infrastructural damage arising from the severe weather conditions.However, possibly the most difficult element of the meeting will be a review of the full costs of the services provided and the consequential impacts on the 2010 Budget.The wintry conditions which are only now beginning to abate actually began the night before the council’s budget meeting in December, and the cost of gritting and clearing roads on a daily basis since then will eat substantially into the authority’s road maintenance budget, having clearly gone far beyond the expectations of the budget document.The costs of the past three weeks will have ramifications that stretch far beyond the winter. Calls for maternity restrictions to be lifted at LUH Special council meeting to discuss weather response and cost WhatsApp Google+ 448 new cases of Covid 19 reported today Twitter RELATED ARTICLESMORE FROM AUTHORcenter_img Pinterest NPHET ‘positive’ on easing restrictions – Donnelly Three factors driving Donegal housing market – Robinson Facebook By News Highland – January 13, 2010 Help sought in search for missing 27 year old in Letterkenny Newsx Adverts Pinterest Twitter WhatsApplast_img read more