More financial worries loom for Appalachian shale gas drillers FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Already suffering from declining stock prices, Appalachia’s shale gas drillers are now watching their bond prices fall sharply. The drop may signal a credit-worthiness crisis that worries Wall Street analysts and could impact the ability of some drillers to borrow against their bank-determined lines of credit or refinance their debt.While bond refinancing does not become an issue for most Marcellus and Utica drillers until 2022 or 2023, market signals indicate that the high-paying bonds of shale gas producers can be had for double-digit markdowns. The discounts reflect rising uncertainty about the financial future of the debt-laden sector, especially given forecasts that natural gas prices will remain low over the coming three years. But revolving lines of credit from the banks — used to finance routine day-to-operations — are redetermined every year, presenting opportunities for banks to make their credit concerns known.“This sell-off in the debt market mirrors conversations in the equity market that suggest structurally reducing absolute debt (as opposed to growing into leverage metrics) should be a top priority, especially for operators who have core inventory that depletes over the next 6-8 years,” analysts at energy investment bank Tudor Pickering Holt & Co. said Aug 21.Essentially, the bond market seems to be telling producers to do the same thing that the equities market recommends: Reduce costs and generate free cash flow. But while the stock market would have operators redirect that cash to shareholders, the bond market would have the sector pay down debt to increase credit confidence.The decline in bond prices for the shale gas sector began after first quarter earnings were reported out and accelerated after second quarter earnings reports were issued amidst a flood of “free” gas from Permian Basin oil wells capped the natural gas prices realized by producers.“We believe many operators are now at the end of their rope as balance sheets on both the private and public sides are exhibiting distress,” Tudor Pickering Holt told clients Aug. 22. Tudor Pickering Holt has also told clients it would not predict which driller will run into credit difficulties first “but suspect[s] names with low cash on hand and muted [free cash flow] forecasts will need to take proactive steps to mitigate risk.”More ($): Appalachian drillers’ bond prices crumbling as credit markets grow wary
In the data they keep, credit unions can find abundant information to help improve the member experience as well as internal operations. Since data is so important (and regulators are paying attention to cybersecurity), it’s worth making sure your data storage systems are in order. Technology is constantly evolving, forcing credit unions to take a hard look at their current configurations and explore new options.Here are some key things to consider:1. Storage as a service. Storage as a service works kind of like renting a photocopier. The credit union rents storage hardware and software that is owned by the service provider, but housed at the credit union’s location. If there’s a problem, the credit union calls the provider for assistance.This model can have broad appeal for credit unions because it can reduce investments in storage infrastructure and management costs. In this model, service providers supply servers, software licenses and support, reducing demands on staff and the need for a large internal IT staff to support storage.Credit unions are often reluctant to give up control of their data. Storage as a service models respond to this by allowing easy access to stored data on servers housed on site. This is a key difference from the cloud model, in which the credit union’s data is stored off site.Storage technology is constantly evolving. Working with a company that buys often and in large quantity can help CUs use the current best-of-breed storage options for a good price. continue reading » 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Chris Sutton has backed Manchester City to beat Liverpool to the Premier League title (Picture: Getty)Chris Sutton has backed Manchester City to defend their Premier League title, with Liverpool, Tottenham and Arsenal making up the top four at the end of the season.Liverpool won Europe’s biggest prize last term but had to settle for second place in the English top flight despite amassing 97 points across an outstanding campaign.Maurizio Sarri steered Chelsea to third place and Spurs secured the final Champions League spot after finishing one point ahead of north London rivals Arsenal.Manchester United ended the season down in sixth and Sutton believes the departures of Romelu Lukaku and Alexis Sanchez will make life difficult for Ole Gunnar Solskjaer once again.AdvertisementAdvertisementADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘I’m still backing City for the title, followed by Liverpool, Tottenham and Arsenal. United haven’t got the players to get there,’ the former Celtic and Blackburn Rovers striker told The Daily Mail.‘I can’t believe they let Alexis Sanchez go. They had already sold Romelu Lukaku and signed no replacement, so they were already light up front.‘I fear Ole Gunnar Solskjaer has cut his nose off to spite his face. He’s now relying on Marcus Rashford, Anthony Martial, maybe even 17-year-old Mason Greenwood to do a job up front.‘As for Chelsea , with their lack of signings and no Eden Hazard, the top four is beyond them.’ Chris Sutton predicts where Liverpool, Arsenal and Manchester United will finish in Premier League Sutton thinks Manchester United will struggle again this season (Picture: Getty)Martin Keown is in agreement with Sutton that United will finish outside the top four, but has backed Liverpool to beat City to the title.‘I backed Liverpool in my pre-season predictions, and had City, Tottenham and Arsenal completing the top four,’ the ex-Arsenal defender said.‘I’m standing by that, but fourth is wide open. Anyone could nick it.‘United seem to be dropping points for fun – a draw at Wolves when they should have won, a home loss to Crystal Palace , then 1-1 at Southampton.’Which club is most likely to win the title?Manchester United0%Arsenal0%Tottenham0%Chelsea0%Liverpool0%Manchester City0%Share your resultsShare your resultsTweet your resultsMORE: Eddie Hearn considers Wayne Rooney vs Rio Ferdinand and Michael Owen vs Alan Shearer charity fights Comment Advertisement Advertisement Metro Sport ReporterThursday 5 Sep 2019 9:37 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link881Shares
Tanzania presidential candidate Edward Lowassa at a public rally Tanzania presidential candidate Edward Lowassa at a public rallyTanzania’s election commission has released the final list of voters, which shows a slight reduction from last month’s release which put the number at 23.7 million.It shows that some 22.7 million Tanzanians have been confirmed as having the right to elect leaders come Sunday, October 25.The commission’s director of elections, Mr Ramadhani Kailima, said Monday that 1,031,769 previously registered voters have been struck out of the list following verification and processing of voters’ data.At a meeting with political party leaders and the police, National Election Commission (NEC) said 181,452 people have been deleted from the national register for double registration.According to Mr Kailima, some people registered up to eight times.He further said the electoral body has also deleted 854,944 names from the list because they were those of 74,502 of biometric voter register (BVR) kit operators as part of their practical training before the actual registration began.These 74,502 BVR operators registered themselves more than once in the course of their practical training.NEC has also removed names of 3,870 persons who were discovered to be non-citizens after verification and their cards have been returned to the commission.“We invite political parties to our data processing offices anytime to collect soft copies of the BVR as they have been requesting,” he said.On Monday, Mr Kailima announced that NEC has prepared 65,105 polling centres, out of which 63,523 are for Tanzania Mainland while 1,580 others are for Zanzibar, 12 days ahead of the polls.Monday’s meeting was, however, dominated by sentiments of vote rigging fears and the authenticity of the new software NEC has deployed for receiving, tallying and announcing the presidential vote results.The complaints come barely a day after the commission convened a meeting with information and technology (IT) experts of political parties to take them through the new technology in order to allay fears.
A leading business newspaper has hailed detained Sen. Leila de Lima as the Fourth Most Influential Woman of the Year 2019 for her bravery and determination to fight for human rights under the Duterte administration. ABS-CBN NEWS MANILA – Detained Sen. Leila de Lima washailed as the Fourth Most Influential Woman of the Year 2019 from across theglobe for her courage and determination to defend human rights.Based on the citation, which was given by London-based business newspaperFinancial Times, De Lima was the only Filipino to make it to the list ofdifferent women from different countries who “stood out” for their bold stanceon current issues and inspiring advocacies.“The Filipino senator remains detained over drugs allegations that she and her supporterssay were fabricated,” read De Lima’s description.“De Lima had led a human rights investigation against Rodrigo Duterte intoalleged extrajudicial killings that took place while he was mayor of DavaoCity. Her handwritten dispatches from her cell are incisive missives andcommentary on the issues the Philippines faces,” it added.Financial Times, one of the world’s leading news organization, also namedclimate activist Greta Thunberg, businesswoman and campaigner Gina Miller,former governor of the National Bank of Ukraine Valeria Gontareva, andjournalist Carrie Gracie.Also cited were New Zealand Prime Minister Jacinda Ardern, United Statespresidential aspirant Sen. Elizabeth Warren, European Union CommissionerMargrethe Vestager, US House Speaker Nancy Pelosi, Norwegian Prime MinisterErna Solberg, among others.“The women awardees, were cited for breaking new ground in 2019 or broughtattention to some of the most important issues of our time, whether in theirown community or at a national or international,” it said./PN
Van Gaal also endured a difficult start to life in England, but his team have turned a corner of late. The win over Liverpool kept United in third position, eight points shy of leaders Chelsea. United may have won six successive games, but so far their performances have not been up to scratch, Van Gaal admits. Sir Alex Ferguson made a habit of winning titles on the back of occasionally scrappy displays, but Van Gaal, ever the perfectionist, wants to see performances as well as results. “I am not only focused on results,” said the Dutchman, who has won leagues in Holland, Spain and Germany. “When I speak with Sir Alex (about playing badly and still winning), he says, ‘It’s not any problem, you have won’, but for me it’s also the performances that are very important because when you perform you shall win more and that’s what I want to show to the fans. “When you win six times in a row then the confidence is rising, but I am still looking for a game that is closer to the perfect game than we have given until now.” Van Gaal said British record signing Angel di Maria could return from a hamstring injury at Aston Villa. “Maybe I shall select him on the bench or in the team. There’s one training session to go,” Van Gaal said of the £59.7million signing, who has missed the last three games. Marouane Fellaini has been ruled out through illness, so Michael Carrick could move up into his favoured midfield position. United have won all six games since Carrick returned to the first team following an ankle injury, but Van Gaal insists the England midfielder’s form is not the sole reason why the Red Devils have improved. “I think you give too much honour to Michael Carrick,” Van Gaal said. “But he is my captain so he brings a lot of experience but also a lot of composure.” It was widely thought Darren Fletcher had been appointed as United vice-captain in the summer, but Van Gaal says Carrick is Wayne Rooney’s deputy. “I have three captains, in a sequence,” Van Gaal said. “Rooney is one, Carrick is two, Fletcher is three.” Villa boss Paul Lambert believes United can still win the Barclays Premier League title this season despite a poor start to the campaign. Van Gaal’s side are clearly outsiders to lift the trophy after the Dutch coach’s bedding-in period left them eight points behind leaders Chelsea, who are fighting it out with Manchester City at the top. United have looked suspect in defence for much of the season so far but recent signs of improvement have convinced Lambert they should not be written off. “They might not be able to lose many more games if they are going to win the title but they’re certainly in with a shout,” said the Villa boss. “It is still a brilliant club with great players. The players they have brought in, there are not many teams in world football who can do that. They’re a really good side.” The Red Devils have now won six matches in a row to significantly close the gap between themselves and their two rivals and now look a lot healthier than they did under David Moyes last season. “Just because they’ve changed managers doesn’t change my thinking of that football club,” Lambert added. “Chelsea and City have lost less games. But if United don’t win it they will certainly have a big say in who does. “If we win tomorrow it’s good for us, that’s the most important thing. We have to win for ourselves, it’s got nothing to do with stopping United.” Villa will be without three players through suspension when they welcome Van Gaal’s side. On-loan Tom Cleverley, who would not have been allowed to play against his parent club anyway, is banned alongside Alan Hutton and Kieran Richardson. Ashley Westwood (knee), Joe Cole (hamstring), Philippe Senderos (calf) and Nathan Baker (knee) are all injured, but captain Ron Vlaar and midfielder Fabian Delph are available after both returned from injury last weekend. Van Gaal will not be rushed into making a decision on whether to exercise his right to sign the player in a £43.5million deal though. The United manager wants the former Porto and Atletico Madrid striker to prove his fitness and form first. “He hasn’t played so much,” Van Gaal said when asked about the possibility of signing Falcao. “You cannot see too much of a player if he doesn’t train so much. “He has been injured a lot of time. First you have to be fit. “Now he shows fitness in the training sessions so maybe I shall select him (for Saturday’s game at Aston Villa), maybe for the bench or the line up. Let’s wait and see.” Falcao’s last start came on October 5 when he scored his one and only goal for the club against Everton. Van Gaal fielded teenage striker James Wilson ahead of the two-time Ballon d’Or nominee for last week’s 3-0 win over Liverpool. Louis van Gaal will not make a call on Radamel Falcao’s future until the striker has an extended run in the Manchester United first team. Despite a difficult, injury-hit start to life at Old Trafford, Falcao this week spelled out his desire to stay at the club beyond the end of the season. The Colombian, who is on a season-long loan from Monaco, says he is settled in Manchester and happy at the club despite scoring just once in eight appearances. Press Association
Trainer Willie Mullins has given the exciting six-year-old an entry in the Grade Two contest over an extended two miles and five furlongs. “I’ve put him in at Ascot and I’m happy with him,” said Mullins. Vautour could make his eagerly-awaited seasonal debut in the Stella Artois 1965 Chase at Ascot on Saturday. Vautour, a Cheltenham Festival winner for the last two years, won three of his four starts over fences term which culminated in his fantastic JLT Novices’ Chase success in March. As well as at Ascot, he also holds entries next month in the John Durkan Memorial Punchestown Chase and in the William Hill King George VI Chase at Kempton. Ptit Zig is set to line up following his recent victory in the Powers Irish Whiskey Chase at Down Royal. Trainer Paul Nicholls reports his talented six-year-old in good form but that he will need to improve should Vautour cross the Irish Sea. “He is fine since coming back from Ireland but he wants to be fine, and to find a bit more, if Vautour comes over,” said the Ditcheat handler. Vautour looks to have frightened away some potential opposition as the race has been re-opened until Tuesday due to insufficient entries. Press Association
Bio Ellsworth runners compete in virtual Boston Marathon – September 16, 2020 Hospice volunteers help families navigate grief and find hope – September 12, 2020 Latest Posts Latest posts by Mike Mandell (see all) MPA approves golf, XC, field hockey, soccer; football, volleyball moved to spring – September 10, 2020 ELLSWORTH — Three girls’ basketball teams with Northern Maine playoff aspirations bolstered their chances over the long weekend with key road victories.On Friday, the Mount Desert Island girls’ team earned a signature win with a 49-37 victory over John Bapst at the Cross Insurance Center. The Trojans ran out to a 14-6 advantage through one quarter and led the rest of the way to move from ninth place to sixth place in Class B North.Elena Alderman notched 16 points and eight rebounds for MDI (9-4) in the win, and Elizabeth Jones added 13 points and nine rebounds. Rachelle Swanson joined her teammates in double figures with 12 points and added two rebounds and four steals.Ellsworth earned a big road victory of its own Saturday afternoon with a 49-34 triumph over Orono. The Eagles (7-4) led 12-2 after the first quarter and 20-12 at halftime before outscoring the Red Riots (2-11) 15-2 in the third quarter to put the game out of reach.Mount Desert Island’s Olivia Gray attempts a 3-pointer during a high school girls’ basketball game against John Bapst at the Cross Insurance Center in Bangor. MDI won the game 49-37 to jump from ninth place to sixth place in the Class B North standings. BARRY GUTRADT PHOTOThis is placeholder textThis is placeholder textTrinity Montigny scored 19 points for Ellsworth in the win and added five rebounds, five assists and three steals. Casey Carter and Kylie Robidoux scored 10 points apiece for the Eagles, and Jocelyn Jordan added five points and 13 rebounds.“Defensively, we set the tone right away, which was nice,” Ellsworth head coach Andy Pooler said. “Offensively, we were able to do enough to lead the game all the way from the opening tip. It’s good to be able to do that every once in a while.”In Class C North, George Stevens Academy improved to 4-8 Monday with a 51-31 win over Mattanawcook Academy (5-9). The victory vaulted the Eagles into 12th place, three spots above the cutoff line for the final playoff berth.Ellsworth and MDI will face off at 7 p.m. Wednesday, Jan. 22, at Ellsworth High School. Ellsworth hosts Caribou (5-9) and Presque Isle at 6 p.m. Friday, Jan. 24, and 1 p.m. Saturday, Jan. 25, respectively, before facing John Bapst at 7:30 p.m. Monday, Jan. 27, at Eastern Maine Community College and hosting Foxcroft at 7 p.m. Tuesday, Jan. 28. MDI hosts Presque Isle (11-3) at 6:30 p.m. Friday and Caribou at 1 p.m. Saturday.“We have more Heal points [remaining on our schedule] than anybody, and if we win, we’re going to climb,” Pooler said. “We got humbled a little bit after we got out to a good start early on, but we’ve been able to work from the bottom to get all the way back up.”GSA will be on the road against Sumner (0-13) at 6 p.m. Wednesday. The Eagles, who host Sumner in a rematch at 7 p.m. Friday, will take on Deer Isle-Stonington at 1 p.m. Saturday and play on the road against Bucksport at 6:30 p.m. next Wednesday, Jan. 29. Mike MandellMike Mandell is the sports editor at The Ellsworth American and Mount Desert Islander. He began working for The American in August 2016. You can reach him via email at email@example.com.
RUSSIAN boxer Maxim Dadashev has died at the age of 28, following injuries suffered in his IBF light-welterweight fight against Subriel Matias.Dadashev was reportedly unable to walk to the dressing room after his bout was stopped by trainer Buddy McGirt, at the end of the 11th round on Friday.He was hospitalised with bleeding on the brain and underwent emergency surgery but failed to recover.The Russian Boxing Federation paid “deep condolences” to his family.USA-based Dadashev had won all of his previous 13 fights but had to absorb a barrage of punches from Puerto Rican Matias during the course of the fight in Maryland.McGirt had said afterwards he “could not convince” his fighter to stop, but opted to throw in the towel when he saw him “getting hit with more and more clean shots as the fight went on”.Northern Ireland’s former world champion Carl Frampton was among those to pay tribute, saying on Twitter: “Saddened to hear about the passing of Maxim Dadashev. Deepest condolences to his friends and family. RIP.”British boxing promoter Eddie Hearn added: “So terribly sad to hear the news of the passing of Maxim Dadashev. Rest in peace!” (BBC Sport)
The Rossier School of Education offers two online doctoral programs, the doctor of education in educational leadership and the doctorate of education in organizational change and leadership. (Daily Trojan file photo) USC offers three online doctoral programs between the Rossier School of Education and the School of Social Work: the doctor of education in educational leadership, doctor of social work and doctor of education in organizational change and leadership. Filback said online doctoral students have access to all the resources that on-campus USC students have, including career centers and libraries. Rossier students use 2SC, an online learning platform similar to Blackboard, to turn in assignments and receive materials, and use video conferencing service Zoom to participate in live sessions. The SR Education Group ranked 24 other institutions of higher education, including Johns Hopkins and New York universities. “I really liked how the program was set up to be a synchronous online program as opposed to a regular online program where you kind of check in whenever you can,” she said. “Because of my particular work schedule, it was really important that I find a program that was reputable, but was also a very synchronous program.” USC ranks No. 9 among the best colleges for online doctoral programs, according to an SR Education Group report released earlier this month. Nagthall said she chose USC over other online doctoral programs at competing universities because of its reputation and structured schedule. While traditional online programs allow students to complete assignments based on their own progress and time, she said, USC’s online courses are taught at least once a week at a specific time. “[We wanted to] increase access to our programs, to create programs other people around the country wouldn’t otherwise come to and then to also sort of expand our influence to become more known as a national leader,” said Robert Filback, professor of clinical education for the Organizational Change and Leadership online program. The group researched 1,943 online colleges to determine the nation’s best online schools, according to a press release. To be eligible for ranking, schools must have at least two online doctoral programs in a minimum of two subject fields and have an annual research expenditure greater than $0, according to the SR Education Group. Its website states that factors such as the number of full-time faculty members and student-to-faculty ratio played a role in the rankings. “I chose the OCL online program because my husband and I were planning on moving,” she said. “I wanted to find a program where it allows me to be able to move if I needed to and still be able to make it to class. But also, I like the convenience of being in my own home and my office.” OCL student Natalie Nagthall said participating in the online program doesn’t necessarily take away from her experience as a doctoral student because she can still interact with other students and professors. Correction: The headline of this story was updated to correctly reflect that USC doctoral, not Ph.D., programs are offered online. The Daily Trojan regrets this error. “You felt like you were in an actual classroom, and you still develop relationships with your classmates just as you would if you were actually in a physical classroom,” she said. “I haven’t felt like I missed out on anything with the way this program has been designed, so that’s great.” Janice Andrade, another OCL student, explained that she decided to apply to and ultimately attend USC because it offered her a high-quality education without requiring her to always be in one location. Since USC started offering online graduate degrees in 2009, Filback said the University has become a leader in highly-interactive programs. “[These programs] are equally demanding and rigorous — same curricula, the same faculty as our on-campus programs, and so we’ve been able to build on that experience,” he said.