Passengers hospitalised from diverted flight to Shannon

first_imgWalk in Covid testing available in Limerick from Saturday 10th April Twitter Email Print 64 patients waiting for beds in UHL Advertisement 53 patients waiting for beds at UHL “We wish these passengers and crew a quick recovery from their injuries,” the statement added. Previous articleFUEL from Druid Theatre Co for the artists’ roadNext articleLimerick Pensioner targeted in rural armed raid Staff Reporter Updated statement on service disruptions UL Hospitals Group RELATED ARTICLESMORE FROM AUTHOR Linkedin NewsBreaking newsPassengers hospitalised from diverted flight to ShannonBy Staff Reporter – August 31, 2016 861 Facebook Numbers of Limerick hospital group staff sidelined by COVID-19 reduces by 162 in past 7 days TAGSfeaturedShannonUnited Airlinesuniversity hospital limerick Management at most overcrowded and most COVID-hit hospital apologise to patients ‘waiting over 100 hours’ for a bed WhatsApp The United Airlines flight was diverted to ShannonThe United Airlines flight was diverted to Shannon16 PEOPLE from a United Airlines flight have been hospitalised this Wednesday morning after their plane was diverted to Shannon due to a medical emergency onboard.It has been confirmed that 14 passengers and two crew were taken from the flight that was bound from Houston to Heathrow.UA flight 880 had 223 passengers onboard but was diverted to Shannon after a number of people took ill after the plane experienced severe and unexpected turbulence during the transatlantic crossing.Sign up for the weekly Limerick Post newsletter Sign Up United Airlines issued a statement saying that “The aircraft diverted to Shannon Airport in Ireland where it was met by medical personnel.The airline said that it is providing care and support to customers and crew of the flight.The 14 passengers and two crew were met by emergency personnel waiting on the runway and treated before being brought to the University Hospital Limerick.last_img read more

Measuring Mortgage-Backed Securities Volumes

first_imgSign up for DS News Daily  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save Servicers Navigate the Post-Pandemic World 2 days ago Fannie Mae Federal Home Loan Bank of Dallas MBS UMBS 2019-04-30 Seth Welborn The Federal Home Loan Bank of Dallas released its Q1 2019 financial results on Tuesday. The bank reported a $58.4 million net income for the quarter.The bank’s long-term held-to-maturity securities portfolio, composed mainly of U.S. agency residential mortgage-backed securities (MBS) totaled around $1.4 billion as of Q1, and the bank’s long-term available-for-sale securities portfolio, comprised mostly of U.S. agency debentures and U.S. agency commercial MBS, totaled $16.1 billion as of March 31, 2019, as compared to $15.8 billion as of December 31, 2018. The bank’s mortgage loan portfolio totaled $2,594,412,000 in Q1 2019, up from $2,185,503,000 at the end of Q4 2018.The Q1 mortgage-backed securities portfolio is slightly below the Q4 2018’s portfolio amount of $1.5 billion.Moving forward, Freddie Mac has announced that its Investor Reporting Change Initiative (IRCI) will revise Single-Family investor reporting requirements, beginning in May 2019, including moving the investor reporting cycle from mid-month to end-of-month and updating remittance cycles. The GSE states that it is making the changes to promote alignment and industry standards for the Uniform Mortgage Backed Security (UMBS).While the nonagency share of mortgage securitizations has increased gradually over the years, from 1.8% in 2016 to 4.4% in 2018, it has seen an uptick since February 2019, inching upwards to 7.15%, the report revealed. Nonagency securitization volume, including the Federal Home Loan Bank of Dallas, totaled $95.2 billion for 2018, a 41% increase over 2017.The UMBS initiative will unify Fannie Mae and Freddie Mac’s currently separate mortgage-backed securities into a single, comingled security, called unified mortgage-backed security. The final rule requires the GSEs to align their policies, programs, and practices that can impact cash-flows to holders of to-be-announced TBA-eligible MBS. “The market had anticipated these actions, and the price differential between Fannie and Freddie securities had converged some time ago; prior to discussions on the UMBS, Freddie Mac needed to subsidize its security to the detriment of taxpayers,” the report stated. How these UMBS, which go live on June 3, trade, will shape the MBS market.Editor’s note: This story originally contained incorrect totals for the bank’s mortgage loan portfolio totals. DS News regrets the error and has corrected those figures. Home / Daily Dose / Measuring Mortgage-Backed Securities Volumes About Author: Seth Welborn Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Tagged with: Fannie Mae Federal Home Loan Bank of Dallas MBS UMBS The Best Markets For Residential Property Investors 2 days ago Measuring Mortgage-Backed Securities Volumes The Best Markets For Residential Property Investors 2 days ago Previous: Senate Banking Committee Reexamines Regulatory Expectations Next: HUD Working Toward Affordable Housing Innovations Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, Foreclosure, Market Studies, News Related Articles April 30, 2019 1,965 Views Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribelast_img read more

Desserts display frozen assets

first_imgSurely, ’always leave room for dessert’ is one of life’s truest lessons. It’s certainly one that the pudding brands manufacturers will be hoping buyers keep front of mind as they sharpen their pencils, with an eye to revving up under-performing own-label puddings possibly at the expense of the brands.”Certain supermarkets have been taking stock of their own category and organising themselves to potentially streamline next year; 2010 will be a lot tougher for brands like ours,” says Roberta Herd, assistant brand manager at Farmhouse Fare, which supplies both branded and own-label pudding pro-ducts. “We’re looking to retain our position as a quality brand, and also to look again at foodservice options.”The traditional pudding market in which it operates accounting for about a fifth of total chilled desserts sales has dipped in the last year, with promotions hitting value perception. “There has been a lot of work on deals, especially twin-packs, with a focus on promotion for the last year,” she continues. “This is driving down price and expenditure. That’s why traditional puddings are tracking slightly behind in value on last year. But Farmhouse Fare has seen really good growth about 56% in the last quarter (Nielsen, week ending 3 October 2009).” This is on the back of a new 10-strong range going into 52 more upmarket Tesco stores, as well as healthy promotional activity.News of the renewed focus on own-label comes with the latest figures from TNS, showing retailer own-labels faring worse than the brands (see overleaf). But the biggest winner after a year in recession has been the frozen desserts category. Manufacturers supplying foodservice also report gains for frozen products, though this is offset by the struggling hotel and restaurant sector, with the latter seeing a 25% rise in insolvencies in the last nine months compared to last year (PriceWaterhouseCoopers). “There is definitely a trend back to frozen due to reduced wastage,” says Angus Allan, MD of Indulgence Patisserie, which supplies a number of chilled and frozen private-label products. “But if there is such a trend in foodservice (towards supplying frozen products), they are overwhelmed by the reduced number of people eating out. My gut feeling is this will last until after the election. Retail is very buoyant, foodservice is flat, but the coffee shop sector is doing fine.”Clean-label declaration continues to be a priority, which has benefited the frozen sector. “The retailers always go after the chilled, but immediately you have a life and a wastage problem,” says Doug Chapman, MD of frozen supplier Speciality Desserts, which focuses on developing bespoke desserts to fit a brand concept in the hotel, pub and restaurant markets. “With frozen, you’ve got more flexibility. Certainly in our marketplace it’s about zero wastage.”Frozen moves upmarketWhile people become more conscious of wastage, there is also a shift away from the snootiness that saw frozen as inferior. “Caterers just need to look into high-quality, pre-prepared frozen alternatives to premium-priced, chilled options; while there may be a reluctance to accept it, sceptics will be genuinely surprised at the serious product development and premiumisation over recent years,” says Emily Frank, brand manager for Alveston Kitchens, Heinz Foodservice’s recently rebranded frozen desserts range.Meanwhile, manufacturers are having to tiptoe around risk-averse consumers. “What we’ve found from customer feedback is that they don’t want new and different desserts, as this would be too risky for them,” she says. “So our focus is on finding new twists on traditional favourites, looking at new formats, flavours and portion sizes.””Product-wise, it’s all a bit retro at the moment,” agrees Allan of Indulgence Patis-serie. There was a definite drop-off in new product development during 2009, but that appears to be returning, “mainly in the core rather than premium ranges”, he observes.But Herd of Farmhouse Fare thinks that, while NPD is creeping back, value compromises may hamper uptake. “Elsewhere this winter, we’ve seen own-label innovation geared towards restaurant-style fancy foods, such as make-your-own-cheesecake, possets, patisseries and tarts,” she says. “Time will tell, but I’m not confident the quality is there for it to work. As a brand, we stick to what we know and do best, which is luxury traditional nursery-style puddings, such as lemon, syrup, gingerbread and rice puddings.”Meanwhile, the puddings sector is having to reassert its premium values. “We have seen a growth in multi-saves ie, two for £10 and even two for ones,” says Chapman of Speciality Desserts. “As a result, it is now almost an expectation from the consumer, so the industry will find it difficult to move away from this as the economy recovers. We are starting to see a development where consumers are becoming bored of these ’safe’ choices and are looking for better quality and something a little different new ideas and concepts to excite, not just pre-cut gateaux from an ageing portfolio of dated desserts.”Some suppliers are reinforcing their value point of difference in foodservice with brand credentials. “We are driven by innovation and we’re finding that especially in the current climate there has to be a genuine point of difference for people to actually buy a dessert,” says Paul Stewart, marketing director of Aulds Delicious Desserts, which supplies frozen foodservice desserts through wholesalers, from independents up to 3663 and Brakes Group, as well as coffee shops including Caffè Nero. As such, Aulds has launched six new desserts, including a Rhubarb and Custard dessert using Courvoisier. “Spirit flavouring is something we’ve dabbled with before, but this is the first time we’ve gone with a major brand, and it has gone really well; as well as enhancing the flavour of the product, Courvoisier is adding value to the caterer’s menu and allows them to put a premium on the product.”Even so, with hotels and restaurants struggling, suppliers are finding new channels of growth. “We’ve recently seen a slight decline in the market, driven by the tough time the hotel channel is having, but we’ve seen growth coming from some channels, notably the health and welfare channel,” says Alveston’s Frank. “In 2010, when the economy starts to turn around and the fortune of hotels returns, we’ll see a direct effect on the frozen desserts market. Our consumer research showed us that, although dessert sales are declining slightly, two-thirds of consumers claim the current economic climate has not affected their dessert eating habits at all.”Meanwhile, buyers are turning away from expensive imports towards home-grown products. UK puddings and desserts manufacturers like Indulgence are benefiting from the weak pound. Allan says: “If you are a desserts manufacturer in the Eurozone, it’s increasingly hard to supply to the UK, because your pricing is uncompetitive. We’ve been asked to replace French, Italian and German manufacturers recently.”last_img read more

Snarky Puppy Reveals Insane Lineup For First-Ever Music Festival

first_imgComing to Miami Beach, Florida from February 10-12, 2017, Snarky Puppy has announced the lineup for their very first GroundUP Music Festival. After revealing plans for the festival back in August, the Grammy-winning jazz/funk ensemble has recruited an all-star billing of performers to join them.Perhaps unsurprisingly, one of the biggest names on the lineup is David Crosby. It’s unsurprising, in that Crosby has passionately expressed his enthusiasm for Snarky Puppy, and has even collaborated with them on multiple occasions. The full lineup is jam-packed with talented musicians, including Terence Blanchard, Laura Mvula, Chris Thiele & Michael Daves, Jacob Collier, Charlie Hunter feat. Jeff Coffin, John Medeski’s Mad Skillet, Carlos Malta & Pife Muderno, Bill Laurance, Maz, Shelly Berg, Lee Boys feat. Roosevelt Collier, Pedrito Martinez Group, Banda Magda, Lucy Woodward, House of Waters, Michelle Willis, FORQ, Funky Knuckles, and Bokanté. Of course, there will also be daily sets from Snarky Puppy on all nights of the festival.The festival is an intimate affair, with capacity for only 1,500 each day. Don’t sleep on tickets! You can find more information here.last_img read more

GFF-ALWAYS Championship Cup 2019 matches continue today at Providence

first_imgCOMPETITION in the Guyana Football Federation-ALWAYS Championship Cup, featuring six female clubs, is set to continue today at the Guyana Football Federation (GFF) National Training Centre at Providence, East Bank Demerara.In today’s double-header Lady Panthers will take on Foxy Ladies from 13:00hrs, with the main attraction between the Guyana Police Force and Fruta Conquerors starting at 14:30hrs.Tomorrow’s action will open with Lady Panthers and Fruta Conquerors at 13:00hrs, to be followed by a clash between Santos and Guyana Police Force (GPF).All teams are being urged to be at the playing venue at least one hour prior to the start of their respective matches in order to facilitate a prompt kick-off.Meanwhile, in last weekend’s opening matches, Fruta Conquerors recorded the largest margin of victory, whipping Santos 10-0 while Guyana Police Force lost back-to-back matches to Foxy Ladies 0-2 and Lady Panthers 0-3.Conquerors were led to their huge win thanks to Abioce Heywood who led with a hat-trick (19th, 29th, 39th), with a brace each from National forward Tiandi Smith (15th, 36th), Lakeisha Peasron (10th, 55th) and Shayma Daniels in the 44th and 52nd minutes. The other goal came off the boot of Shanic Thornhill in the 62nd minute.Foxy Ladies in their 2-0 win over Guyana Police Force got their two goals either side of play from Shontel in the 11th minute and Janel Edmonson in the 36th minute.Lady Panthers’ 3-0 win which was also over the GPF was built around strikes from Bliz Hope in the 13th minute, Albau Marquez from the penalty spot in the 55th minute with the third and final goal from Shavey Reuben in the 60th minute.last_img read more

Harassment charge against Mason City man dropped

first_imgMASON CITY — Charges have been dropped against a Mason City man accused of harassing a woman in the parking lot at MercyOne-North Iowa Medical Center earlier this summer. 29-year-old King James was accused of following a woman into the parking lot of the hospital on June 30th, telling the woman that he was going to shoot and kill her. James claimed after being arrested that he had an alibi, saying he had witnesses that would testify he was asleep in his home when the incident allegedly took place. Law enforcement countered that they had witnesses and security video as evidence of James committing the crime. James trial was scheduled to start on September 10th, but the Cerro Gordo County Attorney’s Office on Monday filed a motion to drop a first-degree harassment charge, stating that it was appropriate after speaking with the parties involved, including law enforcement. Online court records show Judge Adam Sauer approved the motion to dismiss on Tuesday.last_img read more