The Andersons Ethanol Group Doing Well

first_imgHome Energy The Andersons Ethanol Group Doing Well Facebook Twitter SHARE Previous articleClosing CommentsNext articlePurdue Ag Center to Host Field Day Gary Truitt By Gary Truitt – Aug 12, 2015 The Andersons Inc. reported solid results for the second quarter with net income of $31.1 million, or $1.09 per diluted shared. That compares with Q2 revenues last year of $1.2 billion. Last year’s Q2 net income was $44.3 million, or $1.56 per diluted share.Net income before taxes for the ethanol group was $9.7 million for Q2. That compares with $33.4 million in the same period last year for ethanol. “Ethanol went down,” CEO Mike Anderson noted in the investor call, “not because ethanol is bad, but because last year was so good.”“The ethanol group executed well operationally and achieved record second quarter ethanol production volumes,” the company said in its earnings release. “Strong results from the sale of coproducts were also seen.” The company expects ethanol demand to remain strong as lower gasoline prices continue to support gasoline demand. Routine fall maintenance shutdowns should help keep ethanol supply in balance, and export demand should support margins into the fall when domestic gasoline demand falls off.Margins improved in Q2 from near breakeven levels in the first quarter, investors were told during the call, rising to more robust levels in May before falling off through June as corn prices temporarily surged. “Margins are a bit weaker today but as we look to the second half we see signs for optimism in relatively low corn costs, continued good export and domestic demand and supply levels that should begin to soften as the industry goes through normal maintenance downtime in late August and September.” The Andersons Ethanol Group Doing Well Facebook Twitter SHARElast_img read more

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In Split, 20 percent more arrivals and overnight stays

first_imgPrema podatcima sustava eVisitor u srpnju je na području Turističke zajednice grada Splita ostvarili 156.439 dolazaka i 517.059 noćenja što je 20% više u dolascima i 19 % više u noćenjima u odnosu na prethodnu godinu.  U srpnju su nam najbrojniji bili gosti iz Ujedinjene Kraljevine, Poljske, Njemačke, Francuske i SAD-a.”Ovi pokazatelji potvrđuju podatak da je Split jedan od vodećih turističkih destinacija u Hrvatskoj i da je spoj kulturno-prirodnih ljepota, manifestacija i ostalih sadržaja koje Split nudi, uistinu prepoznat od strane turista iz cijelog svijeta. Čestitam našim turističkim djelatnicima na dosadašnjem radu i sigurna sam da ćemo zajedničkim aktivnostima i dalje otklanjati nedostatke i biti dobri domaćini našim turistima.” points out mr.sc. ALijana Vukušić, director of the Split Tourist Board.Looking at the tourist traffic in the cumulative, this year the millionth overnight stay was realized in July while last year the same result was achieved in August. Since the beginning of the year, there have been 27% more arrivals (393.617 arrivals) and 24% more overnight stays (1.125.024 overnight stays) compared to the same period last year.last_img read more

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New PWC Manager confident that the Corporation will improve

first_imgLocalNews New PWC Manager confident that the Corporation will improve by: – March 5, 2012 Eddison Henry, the new manager of the Public Works Corporation, is confident that under his management there will be an improvement and an overall turnaround within the company. Eddison Henry. (file photo)Although Henry’s employment comes at a time when the Corporation is faced with several challenges however he told Dominica Vibes News that there is hope for the company.Some of these challenges include protest action by its staff over the non-payment of salaries. The Corporations’ Board of Directors has proposed that the employment of some members of staff be terminated with a view to managing the debt crisis which the Corporation is face with.However union representing the employees; Public Service Union have not endorsed this proposal. Recently, the general-secretary of the Union Thomas Letang announced that the members do not believe that “laying off some workers” will solve the problem but that the root of the problem lies with management.Henry believes that there exists an “absence of information” where employees are concerned who may not be fully aware of the state of affairs of the Corporation therefore one of his priority is to meet with staff and ensure that they “grasp the complete picture of where things are”. From his early assessment he noticed that some of the “management systems have deteriorated” and might be a contributing factor to the overall situation, therefore he indicated that one of his preoccupations which will be a review of the management systems which exist “so that profitability can return to the Corporation”.Although the Corporation is faced with financial difficulties Henry believes before it can focus on payments it “must become a viable entity” and “whether or not there are chances for sustainable growth”. “I see my task as going in there to determine whether or not the objectives of the Corporation can be met and is there sufficient activity to keep it viable with the available resource.”He further noted that he must determine; “What is necessary for the growth of the company to drive it forward. Are the skill set required for a modern day company does it exist within the entity now and if it doesn’t how do we get it?”Some of the plans he highlighted for the Corporation were to re-negotiate payment terms with the Corporation’s creditors, seek payment from its debtors to help raise its income base and to determine whether there are other services which the Corporation can offer to generate income and raise its revenue base.Henry proposed that the Corporation could review its mandate to determine whether it could also facilitate the construction of houses as opposed to only road repairs and seek to export its services in the same manner as some overseas based companies who arrive here to perform works.He concluded that “no company grows by simply cutting cost but we must look at how we can increase our revenue” and that one of the determining factors of his success rate will be how quickly some of his proposals can be implemented.Dominica Vibes News Share Share Tweetcenter_img Share Sharing is caring! 17 Views   no discussionslast_img read more

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Bridging Online and Offline Marketing With StickerYou

first_img4 Keys to a Kid-Safe App 9 Books That Make Perfect Gifts for Industry Ex… In an age where digital advertising is becoming increasingly important, Toronto-based startup StickerYou aims to bridge on- and offline marketing with a new service that lets anyone turn their website into a “sticker selling machine.” StickerYou lets you upload your own artwork in order to make custom stickers. You can select the images, size, and the die-cut you want for your stickers. For fans of stickers, that’s an exciting enough proposition right there.The company has just released a beta version of its Sticker Maker, which allows you to market your stickers on its website or on your own site via a widget. As with the other sticker-making services the company provides, StickerYou handles all the printing and distribution. Users can also use this to generate revenue from their artwork or logos, earning royalties on the sales of stickers they help initiate. The startup has already landed a number of major licensing deals, including one with Sony Pictures for stickers coinciding with the recent release of the Green Hornet film. But according to Joseph Puopolo, StickerYou’s VP of Marketing, the service isn’t geared to just large businesses but to anyone with a brand, logo, artwork or website. “We wanted to make it easier for sites that have unique content to have their own Sticker Maker by using our automated integration process. This will enable any brand or site’s profile to sign up for free and quickly allow their fans to express themselves uniquely via stickers.” Tags:#biz#Reviews audrey watterscenter_img 5 Outdoor Activities for Beating Office Burnout Related Posts 12 Unique Gifts for the Hard-to-Shop-for People…last_img read more

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India’s golden shooting spree

first_imgOmkar, Vijay bag gold; Gagan and Imran join the party too It appears India’s record of 16 shooting gold at the Melbourne Commonwealth Games will obliterated soon. On Friday, Omkar Singh and Vijay Kumar clinched gold in 10m air pistol and 25m rapid fire pistol events respectively. This was Omkar’s third gold of the Delhi games; for Vijay, it was his second.Another gold came through the men’s 50m rifle 3 position pair of Gagan Narang and Imran Hassan Khan. In the men’s trap pairs, Manavjit Singh Sandhu and Mansher Singh combined to shoot an unprecedented 197 birds, only for Australia to pip them to the gold by one bird.Add to this a bronze won by Gurpreet Singh in rapid fire, and India’s tally after Day 4 of the nine- day shooting event stands at 10 gold, seven silver and a bronze.Narang, who is targeting six gold medals, won his third in as many events, thanks to an outstanding 397/ 400 in the prone round. He then shot identical 385s in the standing and kneeling rounds, while Khan shot 395, 381 and 382 to help India break the 16- year- old Games record of 2,300 points with 2,325.In the meantime, Vijay had broken his own record of 581 by shooting 583 in qualification for rapid fire. Gurpreet shot 569 to lie third, heading into the final. Vijay then shot an excellent 204.5 to beat his final record from Melbourne as well, setting 787.5 as the new benchmark.Despite one off- target shot, Malaysia’s Amir Hasan held on for silver, ahead of a surging Gurpreet.advertisementNavy’s Omkar equalled Samaresh Jung’s qualification record of 584 in 10m air pistol to be four points clear of Singapore’s Bin Gai and then shot 97.8 in the final to finish with three gold and a silver in his four events. Gurpreet finished fifth.There was disappointment for India in women’s trap pairs as they could only finish fifth. Australia won the gold, England got the silver and Canada took bronze.But the real battle of the day was in the men’s trap pairs where Australia’s Michael Diamond and Adam Vella, touted as the best trap team in the world, took on India’s vastly experienced Manavjit and Mansher.Mansher shot a brilliant 99 while Manavjit, who had shot 23 in his first round, went perfect over the next three series to finish with 98 and help India get to 197, a Games record.Vella also finished with 98, but two- time Olympic champion Diamond made it a perfect 100/ 100 to help Australia edge ahead.After the match, Mansher paid rich tribute to Diamond’s performance.”It had to be someone like Michael to beat us because nobody else in the world manages to do what he does regularly. This is what happens in shooting – you do so well and yet lose because somebody else has had a stellar day,” Mansher told Mail Today. The shooter, backed by the National Sports Development Fund, defended his teammate Manavjit, saying his was no mean score either.”Yes he did shoot 23 in the first round but then again, he shot 75 straight thereafter. It was a heavy load to carry and he did magnificently,” Mansher said.last_img read more

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NOTICE OF AGM

first_imgTouch Football Australia would like to announce that the annual general meeting (AGM) will be held on February 11, 2006. Here are the relevant documents: NOTICE OF TOUCH FOOTBALL AUSTRALIA ANNUAL GENERAL MEETING NOMINATION FORM FOR TOUCH FOOTBALL AUSTRALIA BOARD OF DIRECTORSlast_img

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10 months agoUEFA chief warns Man City risk ‘heaviest punishment’ and Champions League ban

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say UEFA chief warns Man City risk ‘heaviest punishment’ and Champions League banby Paul Vegas10 months agoSend to a friendShare the loveManchester City have been warned they risk a Champions League ban by a UEFA official.UEFA’S chief financial investigator has confirmed that City could indeed be banned from the Champions League if they are found guilty of a further breach of Financial Fair Play regulations.Yves Leterme, the head of Uefa’s independent Club Financial Control Body (CFCB), has told a Belgian publication that City may now face “the heaviest punishment”.The Daily Mail says it is claimed the Abu Dhabi United Group, the holding company which owns City, directly paid £59.5m of Etihad’s annual sponsorship, with only £8m coming from the airline.UEFA and the Premier League are investigating the claims and in an interview with Sport and Strategy Leterme has said: “If it is true what has been written, there might be a serious problem. This can lead to the heaviest punishment: exclusion from the Uefa competitions.”If the information is correct, this possibly goes against truthful reporting. The financial fair play rules are based on a system of declaration, three months after the clubs have closed their accounts, they have to deposit their figures. Then we do random checks on the truthfulness of those figures. The accounts are examined and approved internally and externally.” last_img read more

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Hockey Refs Are Out To Get You If They Already Got The

Kerry Fraser, a former NHL official who worked more than 1,900 regular-season games and 13 Stanley Cup Finals from 1980 through 2010, remembers calling penalty after penalty on the Philadelphia Flyers early in his career. “They were a very aggressive team,” he said during a phone interview. “Especially in Philly, they played really tough,” with players like Paul Holmgren and Craig Berube intimidating the opposition with their physicality. They would take penalties because they could kill penalties, knowing they had a stout goalie in Ron Hextall minding the net.When Fraser reffed Flyers games at the Spectrum, he was on the lookout for penalties committed by the home team. But he was also hyper-aware of what the other team was doing because he didn’t want to miss an infraction.“That’s bad game management,” Fraser said. “My mindset was, ‘OK, I’m not going to look for one on the other team just because one team has taken four or five in a row, but I sure as heck can’t afford to miss one.’ Your radar goes up, especially when the other team is in a checking position, and as soon as one is there, you make sure you get it.”Fraser was conscious of any widening gap between the number of penalties called on each team, even if the calls infractions were warranted. The stats suggest that other referees are as well.This is pretty compelling evidence that referees’ past calls influence their next calls. The chart includes every NHL penalty call between the start of the 2005-06 season and the end of the 2014-15 regular season,1We used play-by-play data from the nhlscrapr package in R. To eliminate the possibility that our findings would be driven by coincidental penalties, which often don’t give either team a power play, we dropped all infractions that occurred simultaneously. The margin of error for each probability was less than 1 percent. and it looks at all infractions in a game and how the difference in penalties called on each team affects the next call.2University of Texas at Austin professor Jason Abrevaya gives the penalties for exact sequences of violations in a paper in the Journal of Quantitative Analysis in Sports. As an example, if the home team has been called for three penalties and the away team five, the away team would be “owed” two calls. The tendency for prior violations to affect NHL penalties is enormous; when home teams are owed penalties, they are called for penalties at much lower rates, and the inverse holds for away teams.The effect is even more pronounced when a string of penalties against the same team starts a game. If a game starts with four straight penalties against the away team, for example, the home team is about three times as likely to be called for the next one.To Fraser, this isn’t about makeup calls. It’s a sign of good game management. “In the overall complexion of the game, it gives the team that has committed multiple infractions recognition that if they commit the crime, they’ll do the time,” he says. “On the other hand, they know the ref is fair because he called a penalty against the other team when he saw it. It doesn’t cause further frustration for the team that is taking more of the penalties.”When we called the NHL for comment, it declined to participate in this story. The league prohibits officials from talking to the media during the playoffs. Stephen Walkom, vice president and director of officiating, declined to speak through a PR rep, who wrote that Walkom “really doesn’t want to do anything to make the officiating the center of attention during the playoffs.”In playoff games, the referees’ balancing effect grows even stronger. Our hypothesis: referees are trying to even out playoff games, where the pressure is on for the officials to avoid becoming a storyline. When the home team is owed a penalty in the playoffs, the frequency of calls on the visiting team is significantly higher than it is during the regular season. (If the away team is owed a penalty or penalties, the effect is about the same as it is during the regular season.)Overtime produces the most dramatic results, with the second penalty call of the extra period about three times as likely to be whistled on the team that received the first power play.Take Game 1 of the first-round match between the Chicago Blackhawks and the Nashville Predators in Nashville, Tennessee, as an example. At the 12:42 mark of the first overtime period, Chicago’s Brad Richards earned a two-minute penalty for a high stick on the Predators’ Ryan Ellis. Minutes later, Chicago’s Duncan Keith hauled down Nashville’s Taylor Beck just as Beck skated past the blue line alone. It appeared to be a textbook holding call, if not a penalty shot.Your browser does not support iframes.However, neither referee Dan O’Halloran nor his partner, Brad Meier, sent Keith to the box. The Blackhawks avoided a second 5-on-4 situation and extended the game.It wasn’t hard to predict what was coming next: Less than three minutes after the teams returned to even strength, the Predators’ Seth Jones was sent to the box for tripping Bryan Bickell. It was a soft call, but it was one that went against the home team, evening up the number of penalties on each team in the overtime period.Your browser does not support iframes.Keith was again the focal point of the game in the second OT, when he scored the game-winner.Of course, there are other factors, such as style of play after spending time on special teams, or perhaps even a revenge factor, that could drive these results. But there’s more evening up of calls in the playoffs, where we’d expect players to have less incentive to retaliate given the higher stakes and closer games. Further, one factor that does not seem to account for the tendency of past calls to affect future ones is the game’s score: The shape of home-team penalty frequencies is the same as on the chart above, no matter the score.While referees attempt to even out penalty or foul calls in other sports like basketball,3See this research from Paul Gift, or this study from Cecilia Noecker. baseball4Check out Etan Green’s work. and soccer,5Find Babatunde Buraimo’s study here. the balancing effect may matter most in hockey, possibly affecting the outcome. Southern New Hampshire University’s Kevin Snyder and Mike Lopez (one of the authors you’re reading right now) found that for postseason games tied through the first period, the team that was owed a penalty was 20 percent more likely to come out on top. And, unlike in basketball, which penalizes players and teams for having too many fouls (through the free-throw bonus and the player cap at six fouls), hockey players and teams are free to rack up penalty after penalty, if they so choose.Call it a biased impartiality. Referees want to appear impartial, which drives them to make partial decisions. The result: New York Post headlines like “In Rangers-Penguins, blind-eye refs are ruining NHL playoffs.” Referees can’t win. But they can be disliked equally. “Fans from all 30 cities say, ‘Kerry, you were hardest on our team,’” Fraser says. “That’s how I know I did a good job.” read more

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