The Ocado share price is down 30% in 6 months. 3 reasons I’d buy it now

first_img See all posts by Manika Premsingh 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. Image source: Getty Images 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. The Ocado share price is down 30% in 6 months. 3 reasons I’d buy it now Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Sharescenter_img Enter Your Email Address 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. Manika Premsingh | Saturday, 20th March, 2021 | More on: OCDO The FTSE 100 e-grocer Ocado (LSE: OCDO) had a fantastic run in 2020. It saw strong sales growth and the Ocado share price had rallied 164% by September last year from the stock market crash. In the approximately six months since, however, its share price has fluctuated. It is now down by 30%, as the vaccine discoveries’ led bull run late last year made Covid-19 struck stocks more popular.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…But there are three reasons that I think the Ocado share price will still turn out to be a winner over time:#1. A long-term investment The convenience of online shopping, whether for groceries, personal, or household goods, is unmatched. If we were unconvinced earlier, I reckon the one year of lockdowns has shown us otherwise. In other words, the pace of e-commerce adoption just accelerated.The company’s 40% sales growth for the thirteen weeks to 28 February 2021 certainly seems to suggest so. #2. Sustained sales growthAnd I do not think that this performance is a one-off either. The company’s revenues were growing even pre-pandemic, though in 2020 the growth accelerated as online deliveries became more popular.Even after the pandemic, Ocado expects growth to continue, even if it is at a slower pace than last year. Importantly, the pandemic has been instrumental in gaining a customer base that would otherwise have taken longer to convince. It expects these customers to stay converts to grocery deliveries.It is loss-making, to be sure, but I am not worried as long as it is growing fast. In 2019 it had a share of around 15% in the UK’s online groceries, which is half that of market-leader Tesco’s share, suggesting that has the potential to make gains. Further, it is targeting international markets as well.#3. Ocado share price is just rightAs a loss-making stock, my preferred yardstick to compare shares, the price-to-earnings (P/E) ratio is not applicable here. Instead, I considered the price-to-sales (P/S) ratio, which is at 6.4 times. This is actually lower than that for Flutter Entertainment at 6.7 times, another FTSE 100 stock that made big gains during 2020. It is, however, higher than the 4.9 times for AstraZeneca, which touched all-time highs last year. In other words, the Ocado share price is neither the most expensive nor the cheapest among comparable stocks. In fact, considering that it has fallen a fair bit in recent months, I am even more convinced it is a buy. What to watch out forMy one doubt about the future of the Ocado share price is with regards to its relatively recent partnership with Marks and Spencer (M&S). M&S has seen stagnant to declining business in recent times. Unless Ocado plans to expand to more grocers or  grow its technology platform, I think this can slow it down going forward. What I would do about Ocado nowAs it happens, Ocado does indeed plan to expand its technology solutions segment. Moreover, just like it switched over from being a delivery provider for Waitrose to M&S, perhaps it could switch again if the partnership is unviable. So far though, things look good for it. It is still a buy for me. “This Stock Could Be Like Buying Amazon in 1997” Manika Premsingh owns shares of AstraZeneca and Ocado Group. The Motley Fool UK owns shares of Flutter Entertainment. 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.last_img read more

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More landmark churches charging admission fees during week while keeping…

first_imgMore landmark churches charging admission fees during week while keeping worship free Old North, National Cathedral among those asking tourists to pay By David PaulsenPosted May 1, 2018 Featured Jobs & Calls Visitors tour Boston’s Old North Church, which soon will begin charging tourists up to $8 a person for admission. Photo: Old North Church[Episcopal News Service] Planning for a half million people a year to step foot in your church may seem like a rector’s foolish pipe dream. In reality, though, Old North Church is one of Boston’s most popular tourist destinations, and it doesn’t maintain itself.“That’s a lot of wear and tear on the building,” the Rev. Stephen Ayers said. His church, while remaining free for all who come to worship and pray, soon will begin charging admission to most of its hundreds of thousands of annual visitors. “We’ve managed as long as we can by cutting corners, but that’s not enough to keep the place going,” Ayers said.Boston is a city steeped in Revolutionary War history, and Old North Church is one of its most treasured historical landmarks. Its stature stems from its pivotal role in Paul Revere’s famous ride on April 18, 1775, as the site of a poetic advance in lantern-based messaging – “One if by land, and two if by sea.”Old North Church, 243 years later, is still home to a small but active Episcopal congregation. Its list of Christian ministries ranges from Bible studies to a feeding program, but historic preservation isn’t a central theme. “We want the congregation to have its own identity,” Ayers said, though there’s no denying that Old North Church’s connection to the past puts it in rare company. “It’s a pretty small group of churches that find themselves as being historical attractions as well.”A guide leads tourists on a tour of Old North Church, which is both a popular historic site and an active Episcopal congregation. Photo: Old North ChurchLandmark Episcopal churches make up an even smaller group, and some already have set up ticket counters for the paying public. Trinity Church in Boston, popular for its architecture, art and central location on Copley Square, has charged admission for more than a decade, except on Sunday mornings and other worship times.“A lot goes into greeting the public and welcoming them,” said the Rev. Patrick C. Ward, associate rector at Trinity Boston. The costs of maintaining the building add up, and “the only people taking care of it are the people in the parish.”In New York, Trinity Church Wall Street, a wealthy congregation founded in 1697, keeps its historic church, cemetery and nearby St. Paul’s Chapel open to the public for free, while the Cathedral of St. John the Divine created a $10 admission fee in September 2017. It had promoted a suggested donation for decades and also charges for guided tours of the 125-year-old building, one of the world’s largest cathedrals.“We do not, nor will ever, require a fee from anyone coming here for private prayer, attending a worship service or seeking respite or sanctuary,” Isadora Wilkenfeld, St. John the Divine’s programming and communications manager, said in an email. “However, we’ve always relied on the contributions of visitors, supporters and the wider community as a major source of revenue.”St. John the Divine, through a long period of research and discussion, found that an admission fee was in line with the policies at other cathedrals in the United States and Europe, including Washington National Cathedral, which began charging tourists and sightseers $12 per person in 2014.If you cringe at the notion of making anyone pay to enter a house of worship, consider what it takes for that small group of landmark churches to invite the public inside on days of the week when many other churches around the country are closed to the public.“We wouldn’t be able to keep our doors open on a daily basis if it weren’t for people paying a nominal fee,” said Patricia Hurley, Trinity Boston’s director of communications. The church’s $7 fee helps cover the estimated $35,000 a week it costs to keep the lights on and staff the building, including security.The congregation is much larger than Old North Church – about 750 people attend the five Sunday services at Trinity – and though lacking Old North’s historical pedigree, it still draws up to 100,000 visitors a year. Trinity is known as one of the most significant buildings in the country because it represents the birth of a now commonplace architectural style, Richardsonian Romanesque, pioneered by H. H. Richardson.“It’s not merely about surface prettiness. Beauty draws us out of ourselves,” Ward said, noting the connection between art and spirituality. “People coming into it from all faiths, or no faith, will say things to me like, ‘I feel embraced by this building.’”And if faith has called someone to a church, whether the building is historic or not, church leaders are committed to removing financial barriers to entry.“Sundays and worship services are always free, as is private prayer,” said Kevin Eckstrom, communications officer at Washington National Cathedral. “If someone comes to the front desk and says they want to light a candle or say a prayer, they can come in.”National Cathedral draws about 275,000 visitors a year, typically attracted by its historical connection to the nation’s capital, its Gothic architecture and its spiritual significance as “a place where people can encounter the sacred in a very secular city,” Eckstrom said.It costs an estimated $40,000 a day to keep the building open and running. After an initial adjustment period, Eckstrom said, visitors have grown accustomed to paying the admission fee, which includes a half-hour, docent-led tour of the facility.“Part of our mission is to open the space to whoever wants to come in and hopefully have a transcendent experience that you would not get in any other place in the nation’s capital,” he said.And whether it’s a quarter million people visiting National Cathedral or a half million people visiting Old North Church, those kinds of numbers are “great problem to have,” he said.Old North Church is one of the most popular tourist stops in Boston because of the two lanterns hung in its town signaling that British were advancing by sea on April 18, 1775. Photo: Old North ChurchOld North Church plans to launch its new fee policy as soon as its ticket booths arrive, possibly this month.“We’ve done a good bit of local PR about it. Most of the response has been good,” said Ayers, whose congregation typically numbers 80 to 90 people at Old North’s two Sunday services.The church previously suggested donations of $3, though that revenue typically averaged only $1 per visitor, Ayres said. Adult visitors now will pay $8, with discounts for military members, seniors and students. Kids under 5 will still get in free, as will anyone who lives in Boston.The historic site is set up as a separate nonprofit organization, with support from the Episcopal congregation, and during the height of the summer tourist season, Old North Church has about 50 people on its staff catering to visitors. Many of them are graduate students studying history who spend the season as educators or first-person interpreters dressed in Colonial costumes.Old North Church prides itself on offering a comprehensive experience detailing Colonial life, Revolutionary War history and even 18th-century chocolate making. “It’s not just come and recite ‘one if by land and two if by sea’ and leave,” Ayers said. “Freedom was not just kicking the British out of North America.”If there has been any objection to the new fee, it’s come from the tourism companies that now will have to pay to stop at Old North Church on their bus tours and cruises. Ayers doesn’t expect them to change course. Old North conducted a study that concluded an admission fee would not dramatically decrease the number of annual visits.If you only have time for a few stops while visiting Boston, “you’re going to pick the ones on your bucket list,” he said. “The Old North is on everybody’s bucket list.”– David Paulsen is an editor and reporter for the Episcopal News Service. He can be reached at [email protected] Rector Knoxville, TN Youth Minister Lorton, VA Associate Rector Columbus, GA Submit an Event Listing Joe Prasad says: mike geibel says: May 1, 2018 at 8:10 pm I have tried to attend morning prayer, evening prayer, and daily Eucharist at the Cathedral of St. John the Divine, and upon trying to enter, I am asked to pay an admission fee each time. I have given up trying to attend. I’m confused by the statement of the St. John’s here. They do charge during worship services. Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Comments (10) The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Associate Priest for Pastoral Care New York, NY May 2, 2018 at 3:14 pm St. John’s does charge during worship services. You can only get in without a fee if you know to tell them, when they ask for money, that you are there for a worship service or to pray. If there are signs explain this, I could not find them. I went on vacation there, intentionally planning to go and stop by a service, and only heard this explanation three weeks later after I was already home in Seattle. Unfortunately, when I was there, I only knew to say I am here to visit the Church. I could see the service going on, but I was still asked for the money. I wish that I had known their catchphrase. To anyone here who wishes to visit, be sure to clearly articulate their phrase – “I am here to pray or worship,” – or you will be charged a fee every time you go to a service. PJ Cabbiness says: Rector/Priest in Charge (PT) Lisbon, ME Associate Rector for Family Ministries Anchorage, AK May 4, 2018 at 10:20 pm Mike – thanks for providing links to the articles on De-Christianization. The emphasis in all the articles has been on secularization being the root cause of De-Christianization of Europe. I view this differently. Europeans being more educated, it was only natural that they question the validity of all that the Church taught and practiced. At one end, the Church spoke of the Love of Jesus and preached the Gospel but then on the other hand, justified slavery, colonialism, exploited colonized nations, wrought havoc in Africa, decimated the Native Indians, practiced anti-Semitism, etc. etc. The educated, the thoughtful and those with moral sense were right to look beyond the Church to breathe life into the society. It is quite surprising that the same Western people who shun Church seems to be more interested in spirituality and leading a godly life minus the Church.If Islam becomes a major force in Europe / US, it is the West to blame for this situation. For hundred of years, the Western nations have created situations in Islamic world favorable to themselves disregarding the hopes and aspirations of the average person. Fortunately or unfortunately, the Islamic ideology asks its adherents to triumph at whatever the cost may be. They are not like the Hindus or the Buddhists who tend to get run over or are quite willing to integrate / assimilate. Given the increasing cost of operating any building, it is only right for landmark churches to charge a reasonable fee. Curate (Associate & Priest-in-Charge) Traverse City, MI Assistant/Associate Priest Scottsdale, AZ Submit a Job Listing Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET May Marsh says: Comments are closed. Curate Diocese of Nebraska mike geibel says: Rector Hopkinsville, KY Course Director Jerusalem, Israel Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Director of Administration & Finance Atlanta, GA Rector Washington, DC Rector (FT or PT) Indian River, MI This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 May 1, 2018 at 6:50 pm Admission fees for visitors and tourists are an economic necessity at this time. The amounts described in the article are a bargain considering the beauty and history of these churches. Featured Events mike geibel says: New Berrigan Book With Episcopal Roots Cascade Books Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Missioner for Disaster Resilience Sacramento, CA Director of Music Morristown, NJ Submit a Press Release May 8, 2018 at 9:06 pm Mike – thanks for clarifying the term “secularization”. Not only Christianity but other religions are facing similar problems of younger generation not attending places of worship but participating in “spiritual” events. Perhaps this is the new trend.I don’t know what to say about groups that display zero tolerance. Makes it difficult for people to work together especially when those involved have utter disregard or flawed understanding of history. Bishop Diocesan Springfield, IL Cathedral Dean Boise, ID Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Rector Smithfield, NC David Paulsen says: May 1, 2018 at 4:44 pm Charging a fee to tourists or looky-loo’s is a good idea, and pastors should not be hesitant to do so. On my recent trips to Paris and to London, highlights included visits to Notre Dame Cathedral, Sacre Coeur Basilica—Montmartre, and Sainte-Chapelle Cathedral in Paris; St. Paul’s Cathedral and Westminster Abby in London, and St. George’s Chapel at Windsor Castle. The main attraction churches had entrance fees much higher than the amounts referenced in the article, and self-guided audio tours in many languages as well. My favorite was St. Paul’s Cathedral in London where we participated in the noon Eucharist, even though surrounded by respectful tourists, and even had lunch with the visiting Priest who was originally from Spain, and whose name I am embarrassed to say I don’t remember. There were many more historical and architectural churches we visited, many not official tourist attractions, and which only requested a “donation” when visiting. Some Episcopal Churches in the U.S. have the historical or architectural allure even though they lack the centuries old attraction of churches in London and Europe where cathedrals and churches are merely a shell of their former congregations and have become relics of a rich cultural and spiritual heritage, many having slipped into the past with the de-Christianization of Europe. Rector Tampa, FL In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 May 3, 2018 at 5:32 pm St. John the Divine has said it does not intend to charge people who go to the cathedral for worship services, but we have asked them to clarify in greater detail how they carry out this policy to ensure those who wish to worship are not made to pay. May 2, 2018 at 1:03 am As a followup to my last post, here are some articles on Christianity in Europe that are worth reading:Article: Religious Blindness—And its Consequences—For Europehttps://www.thecatholicthing.org/2016/07/27/religious-blindness-and-its-consequences-for-europe/“The dramatic loss of Christian faith in Europe is historically unprecedented. While some countries are slightly better off than others, the continent as a whole can no longer be described as a Christian civilization. . . To be sure, the loss of faith among these peoples and the de-Christianization of their cultures and public life had its origins long before the First World War: back in the Enlightenment and the total secularization of the European states and public life, beginning with the French Revolution and then expanding throughout Europe. Article: The De-Christianization of Europehttp://www.stcroixreview.com/index.php/past-issues/item/173-the-de-christianization-of-europe“That said, a key difference today is that, while states favored religious belief in the past, today governments have fled from any meaningful identification with Christianity (even where “Christian” is part of a political party’s name). Enforced secularization at the hand of bureaucrats educated to leftist biases has done much to discredit religion in Europe.”Article: The De-Christianization of Europe, and America Is Nexthttps://zwingliusredivivus.wordpress.com/2018/03/21/the-de-christianization-of-europe-and-america-is-next/“Europe’s march towards a post-Christian society has been starkly illustrated by research showing a majority of young people in a dozen countries do not follow a religion.”Article: Europe No Longer Center of Christian Faithhttps://www.thenewamerican.com/world-news/europe/item/8919-europe-no-longer-center-of-christian-faith“Faith, at least Christian faith, no longer appeals to chic Europeans who have stopped believing in God or attending religious services. In some cases, this superficial faith was always a thin veneer hidden by state religions. As one example, those born in Sweden before 2000 were, by operation of law, Evangelical Christian members of the Church of Sweden. Yet socialist Sweden was among the most irreligious places on the planet. Nations such as Denmark, Norway, Scotland, and England still have “state” religions and the nominal affiliates of those state churches may have no serious religious views at all. This de-Christianization of Europe has been going on for many decades, and 80 years ago writers were noting that in nations such as France and Germany very few people really believed in Christianity.” mike geibel says: Rector Belleville, IL Joe Prasad says: Family Ministry Coordinator Baton Rouge, LA Canon for Family Ministry Jackson, MS Rector Bath, NC Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Priest Associate or Director of Adult Ministries Greenville, SC The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Assistant/Associate Rector Washington, DC May 7, 2018 at 7:13 pm Dear Mr. Prasad:The term “secularization” does not necessarily equate with atheism or with ideological condemnation against the perceived sins of past generations. Many Americans continue to be spiritual and identify as Christians, but do not identify as “Episcopalians” or Anglicans or Baptists, etc. Some older, conservative Christians are abandoning the mainline Protestant denominations, including the Episcopal Church, because their Bishops and clergy have become enraptured by partisan politics and external activism. Liberal progressive churches display zero tolerance for anybody they perceive to be intolerant, which generally includes anyone who disagrees with the Church’s preferred liberal candidate or social justice, eco-justice or gender-justice causes. The gap is not being filled by young persons with families, who apparently are not looking for what the TEC is offering and choose to attend more interdenominational churches which are less divisive. Comments in response to this article showed almost no negative reactions to charging admission to tour through historical Episcopal Churches, and the fee is rationalized as necessary to address the “wear” and “tear” on the facilities. By comparison, a similar ENS article in 2013 resulted in 46 comments, mostly by clergy and mostly very negative towards charging an admission fee to the Washington National Cathedral. Five short years later, it appears that the economic realities of an unrelenting decline in membership has made the idea of charging an admission fee more theologically palatable. https://episcopalnewsservice.org/2013/11/26/national-cathedral-to-charge-admission-on-a-trial-basis-in-2014/comment-page-2/#comments Rector Shreveport, LA Rector Martinsville, VA Rector and Chaplain Eugene, OR Rector Albany, NY May 1, 2018 at 10:31 pm Dear Ms. Cummings:No offense was intended. Perhaps you misunderstood my use of the term which actually, I borrowed from an article on the internet describing the general loss of attendance at Churches across Europe. The French Revolution resulted in the demise or destruction of many beautiful Catholic Churches in France. Do your own research if you disagree with the declining attendance. We visited several churches, including one in Paris which was the burial site of Admiral DeGrasse who commanded the French Fleet that surrounded Charleston and aided in the success of the American Revolution. No one else was there except the Priest.The Anglican churches in London have been witness to significant losses in membership and attendance. Yes, many do conduct services, but it is generally known that the rise of secularism has left many famous and historical churches with very small attendance and many survive on the money generated by tourism, especially given the age of the buildings and costs of upkeep. That does not mean that interdenominational and non-traditional churches are not on the rise in Europe just like in the U.S. Campus Crusade is active in China, with the government’s permission. It is well documented that “liberal” churches are declining in membership, including the Anglican Church in England and the TEC, for reasons that have been evident in the Parochial Reports and comments to various ENS articles. Roberta Julio says: Rector Collierville, TN Rector Pittsburgh, PA Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Assistant/Associate Rector Morristown, NJ Press Release Service Priest-in-Charge Lebanon, OH last_img read more

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Bethechange launches social investment fund

first_imgBethechange launches social investment fund AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Finance Giving/Philanthropy  25 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 11 February 2010 | News International fundraising and philanthropy consultancy Bethechange Consulting is establishing a social investment fund to enable wealthy individuals to invest their capital in social enterprise projects in the UK.Funds in the Make A Difference (MAD) Investment Club will deliver both social and financial returns. The fund aims to deliver an annual financial return of between three and five per cent interest to each investor.The fund is being set up in partnership with the boutique wealth management business, Addidi.Bethechange aims to recruit an initial 100 members to the club, each of whom will invest at least £5,000. Half of the resulting £500,000 will then be invested in the Big Issue Invest’s Social Enterprise Investment Fund (SEIF). This will channel it to up to 22 social enterprise projects in the UK, with five core themes: jobs, education and training; health and social care; environmental services; financial inclusion; and disability.The remaining funds will be invested in social enterprises selected by club members that deliver both financial returns and high social impact.Jon Duschinsky, Founder of Bethechange, said: “We are delighted to be working with Addidi to develop a unique new product that combines philanthropy with a sophisticated investment model. The Mad Investment Club is for the smart investor that, above all, wants to effect change for good. It is a great example of the third sector and wealth advisory communities coming together in order to achieve a real impact in communities around the world.”Members of the club, which will be launched at a reception next week, will be encouraged to attend exclusive educational workshops with a focus on philanthropy and wealth management.www.bethechange.frlast_img read more

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October Club seeks small transformational charity to support for one year

first_img Tagged with: corporate Events small charities The October Club’s track recordThe October Club has been raising funds for their chosen annual charity for over 28 years. It has now raised over £10 million to help innovative fledgling charities climb to a new level, whether through kick-starting groundbreaking research, raising profiles or enabling brave expansion plans.The funds are raised by an annual dinner attended by around 400 largely City-based individual. It has become known as the City’s Equity Business “Trade association event”.  A sell-out each year, this year it will take place at The Savoy in London on 12 October.In 2015 the event raised a record £600,000 for Honeypot Children’s Charity which works to enhance the lives of vulnerable children and young carers aged 5-12 years by providing respite breaks and on-going outreach support.In addition, the October Club runs an Ascot Race Day to raise further funds. [youtube]https://www.youtube.com/watch?v=oQTPQ9IMHM0[/youtube] AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7 What has support from the October Club enabled you to achieve?The October Club has given us not just the financial support, but the confidence, connections and the platform to turn our ambitions into a reality.  It has been an incredible opportunity for a small charity like ours made it possible for us to help many more deaf children to have the same opportunities in life as hearing children.  You can find out more in our impact video on the October Club website.How did you hear about the October Club?Word of mouth.What was the application process like, given that you are a small charity?The guidelines are very clear. The application requires the charity to set out its transformational project and background simply and succinctly.We were able to provide links to additional background material available on our website. The final stage interview consisted of a presentation and Q&A with the Committee members, which gave us the opportunity to expand on the work that we do and our ‘pyramid project’ to increase access to our early intervention programme for deaf children in the UK.I understand at first you thought that your project and organisation were not right for the funder. What changed your mind? And what would be your advice to charities in a similar position?I was initially concerned that the project may not be sufficiently attractive but I reviewed the range of projects that the October Club had previously supported – all of which were transformational for the different charities.I knew that our project was critical for taking our small charity to the next level and would provide the building blocks for helping many more deaf children to have the same opportunities in life as hearing children.My advice is that you should definitely apply if you have a project that is tangible and transformational for your charity – not just transformational for the people that you support.Has the October Club brought other contacts, non-monetary support and opportunities?Yes – we have had the opportunity to meet with Parliamentarians and supportive organisations through the October Club events, as well as making connections through the October Club Committee to individuals and organisations who are helping us to transform services for deaf children in the UK. Advertisement Howard Lake | 1 February 2016 | News [Tweet “Transformational #smallcharities – apply to be @TheOctoberClub’s charity of the year by 18 March”]  83 total views,  3 views today  84 total views,  4 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis7 About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. October Club seeks small transformational charity to support for one year A great deal of due diligence goes into the selection of the charity. Mark Pumfrey, Chair of The October Club, is particularly pleased that over the past 28 years all but one of the charities selected have achieved a transformation and are still providing their services.Applications to be The October Club’s 2016 chosen charity are open now and close on 18 March 2016.2014’s charity – Auditory Verbal UKUK Fundraising asked Auditory Verbal UK‘s Chief Executive Anita Grover about the application process and benefits of being chosen by The October Club.An Auditory Verbal Therapy session at Auditory Verbal UK. City of London philanthropic network The October Club is inviting applications from eligible small charities to be its charity of the year. Their focus is on finding a transformational charity, and last year’s recipient received £600,000.The network is inviting applications from UK-based small charities who are both “doing remarkable work” and which have “the ambition to extend this”. The funding is for a transformational project based across several UK regions, and should be used within three years.They are clear that they mean transformational in terms of the charity chosen, not the service users concerned.To be eligible charities should have an annual voluntary income of between £500,000 and £2 million.The successful charity will normally not be working in the same field as the Club’s beneficiaries in the past two years. However, the Club’s Chairman commented:“We are really focused on find the right clearly transformational project so while its true that its tough for a charity to win if we have raised money for similar in last two years I wouldn’t want to put anyone off from applying in they have a great project”.last_img read more

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Ag Groups Applaud Precision Ag Connectivity Act

first_img The American Soybean Association is among agriculture groups applauding the Senate Commerce Committee for pushing the Precision Agriculture Connectivity Act of 2018 forward in the legislative process. ASA President John Heisdorffer says his group welcomes the Precision Agriculture Connectivity Act of 2018. “This legislation understands the unique needs of growers across rural America,” Heisdorffer says. “We urge swift passage in the U.S. Senate as wireless broadband connections in the field support farm operations and, in turn, rural communities.”The American Farm Bureau Federation says the bill would create a task force designed to focus in on the connectivity and technology needs of modern farmers, who are too often without connectivity in the fields and on the ranches where they work. Farm Bureau says precision agriculture maximizes yield, lowers environmental impact, and improves farm profitability, which is important at a time when farmers need to maximize every penny they can to survive.The Federal Communications Commission says 39 percent of rural Americans lack access to basic broadband services compared to only 4 percent of urban Americans.Source: NAFB News Service Facebook Twitter SHARE Home Indiana Agriculture News Ag Groups Applaud Precision Ag Connectivity Act Previous articleU.S. Beef Could Expand In E.U. To Help Avoid Trade WarNext articleBest Short Term Planting Window Opening Now Hoosier Ag Today Ag Groups Applaud Precision Ag Connectivity Act By Hoosier Ag Today – Apr 27, 2018 SHARE Facebook Twitterlast_img read more

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U.S. Says Canada Not Making Needed NAFTA Concessions

first_img U.S. Trade Representative Robert Lighthizer charges Canada is not making needed concessions to strike a deal on the North American Free Trade Agreement. As the U.S. ideal deadline will pass this weekend, the U.S. is gearing up to move forward with a Mexico-only agreement. Lighthizer said there was “some distance” between the two sides on issues such as access to Canada’s dairy market and on how best to settle trade disputes. Lighthizer says the U.S. believes the concessions are “essential” to reaching an agreement. President Trump has demanded changes in NAFTA, including making dairy a top priority, asking for more market access to Canada, and an end to the Class 7 product dumping on the global market. The Trump administration says the text of a deal is needed by Saturday to allow the Mexican government to sign it before leaving office on November 30th. Facebook Twitter By Gary Truitt – Sep 26, 2018 SHARE Home Indiana Agriculture News U.S. Says Canada Not Making Needed NAFTA Concessions U.S. Says Canada Not Making Needed NAFTA Concessionscenter_img Source: NAFB News Service SHARE Facebook Twitter Previous article“Red” to Return to the Indiana Farm Equipment and Technology ExpoNext articleU.S., Japan, Agree to Negotiate Trade Agreement Gary Truittlast_img read more

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Royal pardon for Internet user, condemned to three years of jail for creating spoof Facebook profile for prince

first_img RSF joins Middle East and North Africa coalition to combat digital surveillance Organisation March 19, 2008 – Updated on January 20, 2016 Royal pardon for Internet user, condemned to three years of jail for creating spoof Facebook profile for prince News RSF_en Receive email alerts April 28, 2021 Find out more to go further June 8, 2021 Find out more News Newscenter_img Morocco / Western SaharaMiddle East – North Africa News Help by sharing this information Hunger strike is last resort for some imprisoned Moroccan journalists Morocco / Western SaharaMiddle East – North Africa Reporters Without Borders welcomes Fouad Mourtada’s release after receiving a royal pardon yesterday for Aid Mawlid Nabaoui, the holiday marking the birth of the Prophet Mohammed. Mourtada’s had been serving a three-year jail sentence for “usurping the identity” of King Mohammed’s brother, Prince Moulay Rachid, by creating a “false profile” in his name on the social-networking website Facebook. “This is a great relief,” Reporters Without Borders said. “Mourtada will be able to spend this holiday with his family tomorrow after 43 days in prison. Nonetheless, we regret that his release is the result of a royal pardon rather than a fair verdict and sentence. Moroccan bloggers will not be able to forget his imprisonment when they compose their blog entries.” Mourtada’s conviction on 22 February had raised a great deal of concern in the Moroccan blogosphere. He was arrested at his home on 5 February.———————26.02 – Moroccan bloggers worried after “disproportionate” three-year jail term for Internet user who created spoof Facebook profileReporters Without Borders voiced concern today about the three-year prison sentence which a Casablanca court imposed on 27-year-old Internet user Fouad Mourtada on 22 February for “usurping the identity” of King Mohammed’s brother, Prince Moulay Rachid, by creating a “false profile” in his name on the social-networking website Facebook.“This is the first time a Moroccan has been convicted for an online offence and Mourtada was the victim of a summary trial,” the press freedom organisation said. “We are worried about the effect on freedom of expression on the Moroccan Internet as all of the country’s bloggers will feel targeted. This disproportionate sentence has shocked the Moroccan blogger community, which is one of the biggest in the region. A popular and well respected blogger already decided to stop blogging out of fear for his safety after what happened to Fuad Mourtada.”Plain-clothes police arrested Mourtada at his home on 5 February and held him incommunicado for 36 hours before transferring him to Casablanca’s Oukacha prison the next day.Reporters Without Borders wonders how the police identified Mourtada. “Did the police get his computer’s IP address? And if so, how? We have asked the ISP, Maroc Telecom, in which the French company Vivendi is a shareholder, to provide us with the relevant information.”When he saw his family on 12 February, he told them: “I did indeed create this account on 15 January. It remained online for several days until someone closed it down. There are so many celebrity profiles on Facebook. I never thought that by creating a profile of His Royal Highness Prince Moulay Rachid that I was doing him any harm. Also, I did not send anyone a message from this account. It was just a joke (…) I am not a criminal.”With around 4 million Internet users, the Moroccan blogosphere is one of the most active in all of the Maghreb.Call for Mourtada’s release NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say Follow the news on Morocco / Western Sahara April 15, 2021 Find out morelast_img read more

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Oscar De La Hoya Accuser Drops Suit Alleging Sexual Assault in Pasadena

first_img Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Top of the News Community News Oscar De La Hoya Accuser Drops Suit Alleging Sexual Assault in Pasadena CITY NEWS SERVICE Published on Wednesday, September 9, 2020 | 6:13 pm HerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyWhat Is It That Actually Makes French Women So Admirable?HerbeautyHerbeautyHerbeauty10 Questions To Start Conversation Way Better Than ‘How U Doing?’HerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeauty Make a comment Name (required)  Mail (required) (not be published)  Website  Your email address will not be published. Required fields are marked * STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Business Newscenter_img Subscribe Community News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS STAFF REPORT First Heatwave Expected Next Week More Cool Stuff A woman who alleged former boxing champion Oscar De La Hoya sexually assaulted her in 2017 has dropped her suit.The woman, identified only as “Jane Doe” in the lawsuit filed last Oct. 17, alleged that De La Hoya held her down against her will and sexually abused her in November 2017 at his Pasadena home. Her attorneys filed a request for dismissal Aug. 20 with Glendale Superior Court Judge Curtis A. Kin.The document did not state whether a settlement was reached or if Doe is not pursuing the case for other reasons. Her attorneys had won a motion six days earlier allowing their client to remain anonymous in her court papers.Doe alleged that prior to sexually assaulting her, De La Hoya had become increasingly intoxicated and asked the then-29-year-old woman to engage in various sex acts, which she declined.De La Hoya, 47, is CEO of Golden Boy Promotions and an International Boxing Hall of Fame member 11 recommended0 commentsShareShareTweetSharePin it faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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‘New Thread Ministry’ supports the least of these

first_imgLatest Stories By The Penny Hoarder Gunter said there is no way he can adequately thank the ladies of the Southside Baptist Church sewing group for their continuing support of missions. But he was in Troy to simply say “thank you” from all the little lives they have touched in such a loving and personal way.Anne Register, a relatively new member of the ministry, said she joined in support of the ladies and the wonderful work they are doing.“I’m don’t sew much but I can use a pair of scissors,” Register said, laughing. “These ladies do wonderful work and what they do brings God’s love and happiness to others. I just want to be a small part of their ministry.”The group includes Rita Shirley, Evelyn Henley, Annette Cordle, Janice Johnson, Ann McWhorter and Jean Fortune.The late Jean Snoddy was instrumental in the organization of “New Thread Ministry” and her leadership and involvement continues to influence the ministry, the ladies said.“New Thread Ministry” is currently involved in the Shoebox ministry by making jumpers for little girls and shorts for little boys. The ladies also support Sav-A-Life with layettes for the newborns and blankets and pillowcases for homeless veterans. You Might Like Email the author Pike County Sheriff’s Office offering community child ID kits Plans underway for historic Pike County celebration By Jaine Treadwell Troy falls to No. 13 Clemson Book Nook to reopen The Penny Hoarder Issues “Urgent” Alert: 6 Companies… John Gunter, a former missionary to the Dominican Republic and Haiti, understands what it’s like to be poor and for a simple cotton dress to be a treasure for a little girl.Gunther and his wife, Dana, and sons, Daniel and Luke, spent eight years sharing God’s Word and the Good News of salvation with the people in the Dominican Republic, where the majority of the youths are either poor or live below the poverty line, and in Haiti, the poorest country in the western world.There, on “their” island, the Gunters chose to minister to the poorest of the poor.center_img Published 3:00 am Saturday, July 6, 2019 The ladies’ group meets on Wednesdays in support or their “thread ministry” and for a time of sharing and fellowship.The ladies make 100 cotton sun dresses for little girls, three times a year. “Simple and simply beautiful to them,” Gunter said.“Unless you are there to see the happiness that these sun dresses bring to these little girls, you can’t really know what something so simple but yet so beautiful can mean,” he said. “The dresses are usually given out at the conclusion of Bible School and, for most little girls, those sun dresses will be their Sunday best.“You can see the happiness radiate in their little faces. I would like for the members of ‘New Thread Ministry’ to experience the happiness they bring to those little girls.” ‘New Thread Ministry’ supports the least of these Remember America’s heroes on Memorial Day There is no way to describe the poverty those people have to endure, Gunther said, nor the blessings they receive when they accept Jesus Christ and are better able to endure their dire circumstances.Gunter now lives in Dothan and works with the Spanish ministry in that area. He also speaks to area mission groups going to the Dominican Republic and Haiti and goes “home” to visit, often three times a year.Gunter was in Troy to speak to the ladies of the “New Thread Ministry” at Southside Baptist Church and to thank them for their support of the people in the Dominican Republic and Haiti. LIGHT SHOW: Troy hosts fireworks display Fireworks lit up the night sky over Veterans Memorial Stadium at Troy University Thursday night to celebrate the Fourth of… read more Skip Print Article Sponsored Content Around the WebIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthMost 10 Rarest Skins for FortniteTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

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Pipeline U-turn reveals Unaoil’s self-interest in Iraq, say fraud prosecutors

first_imgThe UK’s Serious Fraud Office alleges Unaoil’s decision to back a firm it had previously discredited in an Iraq pipeline tender shows it was not acting in the country’s best interest Unaoil earned $110m from Iraq pipeline venture with LeightonThe prosecutor spoke at London’s Southwark Crown Court at the trial of the former Unaoil associates, who stand accused of conspiracy to make corrupt payments in Iraq between 2005 and 2011. All three deny the charges.The SFO’s case revolves around a $4.5bn project led by SOC to award contracts for a major oil infrastructure upgrade.The Iraq Crude Oil Export Expansion Project (ICOEEP) was conceived as a way to increase the country’s crude export capacity from 1.8 million barrels per day (bpd) to 4.5 million bpd in the south of the country following the US-led invasion that toppled Saddam Hussein.Leighton was ultimately awarded the $733m contract by SOC to build two 48-inch pipelines linking the Persian Gulf and offshore moorings in southern Iraq, with Unaoil its consultant in the process as well as the sub-contractor appointed to handle the onshore aspects – a role that eventually earned it $110m in fees, according to the SFO.Ziad Akle, 45, was Unaoil’s territory manager for Iraq; Steven Whiteley, 65, was Unaoil’s general territories manager for Iraq, and formerly a vice-president of SBM Offshore; and Paul Bond, 68, was a senior sales manager for SBM Offshore. Unaoil sought a partner for a $733m pipeline project in southern Iraq Unaoil, the energy consultancy at the centre of a corruption trial, “desperately sought” to work with a manufacturer it had previously labelled “incapable” of executing a major oil pipeline project in Iraq as its executives stood to benefit financially, jurors heard today (4 March).After its first-choice engineering partner J Ray McDermott – now known as McDermott – pulled out of a tender for the infrastructure contract in early 2010, the Monaco-based firm was “immediately on the line” to former competitor Leighton Offshore trying to “strike a deal”.The significance, argued Michael Brompton QC, who is prosecuting a case against three former Unaoil associates on behalf of the UK’s Serious Fraud Office (SFO), is that the company had previously portrayed Leighton as “unsuitable” for carrying out the pipeline work on behalf of Iraq’s state-owned South Oil Company (SOC), and had tried to discredit it during the bidding process.So the decision to support Leighton when McDermott withdrew its involvement contradicts the argument by one of the defendants that Unaoil was always acting with the country’s best interests in mind.“What Unaoil’s people were interested in was a deal from which they could benefit, irrespective of whether it benefitted SOC,” said Mr Brompton.center_img McDermott’s withdrawal left Unaoil scrambling for a new partnerSBM Offshore was a manufacturer of single point moorings (SPM) equipment and had worked with Unaoil in an earlier tender negotiation for the ICOEEP, in which the energy consultancy is accused of biasing the contractor selection process in favour of its client.The winning formula was being repeated with J Ray McDermott, argued Mr Brompton, until the “shocking news” that the Houston-based firm it was backing had decided to pull out of the process at a late stage.He added: “Having lost J Ray McDermott as a proposed partner, Unaoil was desperately seeking a new one. It was immediately on the line to Leighton to see if they could strike a deal together.“Leighton was the only party left which Unaoil might be able to do a deal with.”He said Italy-based Saipem, the other company on the three-strong shortlist, had been unwilling to do a deal with Unaoil.But given Saipem’s strong reputation in the industry and track record with pipeline work, the prosecutor suggested the advice of Unaoil executives to SOC – if SOC was in fact the top priority – should have been to “go with Saipem” given the fact it had previously labelled Leighton as “not capable of doing the job”.Responding to the prosecutor’s questioning, Akle said his colleagues’ opinion “seems to have changed, maybe for good reason” by March 2010.“It’s natural that Unaoil approached all parties,” he added.The trial continues.last_img read more

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