Julia Vinograd http://juliavinograd.com/ Sat, 19 Jun 2021 04:15:37 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://juliavinograd.com/wp-content/uploads/2021/04/cropped-hh-32x32.png Julia Vinograd http://juliavinograd.com/ 32 32 Zacks: brokerages expect Huntington Bancshares Incorporated (NASDAQ: HBAN) to post earnings per share of $ 0.33 https://juliavinograd.com/zacks-brokerages-expect-huntington-bancshares-incorporated-nasdaq-hban-to-post-earnings-per-share-of-0-33/ Sat, 19 Jun 2021 01:25:33 +0000 https://juliavinograd.com/zacks-brokerages-expect-huntington-bancshares-incorporated-nasdaq-hban-to-post-earnings-per-share-of-0-33/

Stock analysts expect Huntington Bancshares Incorporated (NASDAQ: HBAN) to report earnings per share (EPS) of $ 0.33 for the current fiscal quarter, Zack reports. Four analysts provided earnings estimates for Huntington Bancshares. The highest EPS estimate is $ 0.41 and the lowest is $ 0.30. Huntington Bancshares reported earnings per share of $ 0.13 in the same quarter last year, indicating a positive year-over-year growth rate of 153.8%. The company is expected to release its next quarterly earnings report on Thursday, July 22.

According to Zacks, analysts expect Huntington Bancshares to report annual earnings of $ 1.49 per share for the current fiscal year, with EPS estimates ranging from $ 1.35 to $ 1.67. For the next fiscal year, analysts predict the company will post earnings of $ 1.38 per share, with EPS estimates ranging from $ 1.30 to $ 1.53. Zacks’ EPS calculations are an average based on a survey of research analysts who cover Huntington Bancshares.

Huntington Bancshares (NASDAQ: HBAN) last released its results on Wednesday, April 21. The bank reported earnings per share (EPS) of $ 0.48 for the quarter, beating Thomson Reuters’ consensus estimate of $ 0.32 of $ 0.16. The company posted revenue of $ 1.37 billion for the quarter, compared to analysts’ expectations of $ 1.22 billion. Huntington Bancshares had a net margin of 25.18% and a return on equity of 12.08%. The company’s revenue for the quarter increased 18.8% from the same quarter last year. During the same period of the previous year, the company posted EPS of $ 0.03.

Several research firms recently commented on HBAN. Barclays raised its price target on Huntington Bancshares shares from $ 15.00 to $ 17.00 and gave the company an “equal weight” rating in a report released on Wednesday, April 7. Raymond James raised his price target for the shares of Huntington Bancshares from $ 15.00 to $ 18.00 and gave the stock an “outperformance” rating in a report released on Wednesday, March 24. Deutsche Bank Aktiengesellschaft raised its price target for Huntington Bancshares shares from $ 14.00 to $ 16.00 and assigned the company a “conservation” rating in a research note on Thursday April 1. Morgan Stanley raised its target price on Huntington Bancshares shares from $ 17.25 to $ 18.50 and gave the company an “equal weight” rating in a research note on Thursday, March 18. Finally, Stephens raised his price target for Huntington Bancshares shares from $ 14.00 to $ 17.50 and gave the company an “equal weight” rating in a research report published on Tuesday, March 30. Six analysts rated the stock with a conservation rating and seven issued a buy rating for the stock. The stock currently has an average rating of “Buy” and a consensus price target of $ 15.08.

Actions of HBAN stock traded at $ 0.25 on Friday, reaching $ 13.27. 45,653,864 shares of the company were traded for an average volume of 15,094,613. The company has a quick ratio of 0.85, a current ratio of 0.87 and a debt ratio of 0.66. Huntington Bancshares has a one-year low of $ 8.01 and a one-year high of $ 16.91. The company’s fifty-day moving average is $ 15.46. The stock has a market cap of $ 13.51 billion, a PE ratio of 11.54 and a beta of 1.35.

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 1. Shareholders of record on Thursday, June 17 will receive a dividend of $ 0.15. This represents a dividend of $ 0.60 on an annualized basis and a dividend yield of 4.52%. The ex-dividend date is Wednesday June 16. Huntington Bancshares’ dividend payout ratio is currently 86.96%.

Meanwhile, Executive Vice President Rajeev Syal sold 27,674 shares of the company in a transaction dated Monday, May 3. The shares were sold for an average price of $ 15.50, for a total value of $ 428,947.00. Following the sale, the Executive Vice President now directly owns 285,009 shares of the company, valued at approximately $ 4,417,639.50. The sale was disclosed in a legal file with the SEC, which can be accessed through this link. In addition, Executive Vice President Scott D. Kleinman sold 6,225 shares of the company in a transaction dated Thursday, May 6. The shares were sold at an average price of $ 15.56, for a total trade of $ 96,861.00. After the sale is finalized, the Executive Vice President now owns 212,853 shares of the company, valued at $ 3,311,992.68. Disclosure of this sale can be found here. Insiders have sold a total of 121,390 shares of the company valued at $ 1,924,912 in the past ninety days. 1.04% of the shares are currently owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of HBAN. Los Angeles Capital Management LLC increased its position in shares of Huntington Bancshares by 335.4% in the 4th quarter. Los Angeles Capital Management LLC now owns 2,721,211 shares of the bank valued at $ 34,369,000 after acquiring an additional 2,096,211 shares in the last quarter. US Bancorp DE increased its stake in Huntington Bancshares by 20.8% in the fourth quarter. US Bancorp DE now owns 191,255 shares of the bank valued at $ 2,416,000 after purchasing an additional 32,992 shares last quarter. SG Americas Securities LLC increased its stake in the shares of Huntington Bancshares by 314.5% during the 4th quarter. SG Americas Securities LLC now owns 57,011 shares of the bank valued at $ 720,000 after acquiring an additional 43,258 shares in the last quarter. Lincoln National Corp increased its stake in the shares of Huntington Bancshares by 14.5% during the 4th quarter. Lincoln National Corp now owns 18,431 shares of the bank valued at $ 233,000 after acquiring an additional 2,330 shares in the last quarter. Finally, Aperio Group LLC increased its position in Huntington Bancshares shares by 2.7% during the 4th quarter. Aperio Group LLC now owns 772,662 shares of the bank valued at $ 9,759,000 after purchasing an additional 20,323 shares in the last quarter. 79.93% of the shares are currently held by institutional investors and hedge funds.

About Huntington Bancshares

Huntington Bancshares Incorporated is a regional banking holding company headquartered in Columbus, Ohio, with $ 123 billion in assets and a network of 839 branches, including 11 Private Client Group offices and 1,322 ATMs in seven Midwestern states. . Founded in 1866, National Huntington Bank and its affiliates provide services to individuals, small businesses, businesses, cash management, wealth management, brokerage, trusts and insurance.

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7 stocks that still have potential for investors to buy

It can be fun to invest in certain speculative stocks. But it goes without saying that these stocks don’t have to be the bulk of your portfolio. In fact, it’s important to find a few good stocks that form the basis of your portfolio. These are dynamic stocks that are in a strong uptrend.

One way to find these stocks is to look at the most active stocks (or volume leaders). The shares of these companies are among the most traded or have the highest volume of shares traded on any given trading day.

Any action can break this list from time to time (for example, when there is new business news). However, stocks tend to find their way onto this list on a consistent basis, which is worth watching. This is because this listing indicates that there is pressure among investors to buy or sell the stock. And that makes the decision of an investor very simple.

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Check out the “7 stocks that still have potential investors can buy”.

Homeowners tired of waiting for EBR parish to clean ditches take matters into their own hands https://juliavinograd.com/homeowners-tired-of-waiting-for-ebr-parish-to-clean-ditches-take-matters-into-their-own-hands/ Fri, 18 Jun 2021 23:01:00 +0000 https://juliavinograd.com/homeowners-tired-of-waiting-for-ebr-parish-to-clean-ditches-take-matters-into-their-own-hands/

BATON ROUGE, Louisiana (WAFB) – With storm clouds forming, the owners of the Old Jefferson neighborhood decided they could no longer wait for parish workers to come and clean up the drainage ditch parallel to the community .

The ditch is behind the homes of Proxie Dr. During the torrential rains in May, it swelled and sent water rushing across the street and into people’s homes.

“I texted my dad at 8:40 am to let him know it was getting closer,” said Jared Schweinefus. “At 9:03 am, it was my home.

Schweinefus had three inches of water inside his house. He caused damage worth $ 58,000.

“I’m not happy, no,” he said. “And speaking with the neighbor across the way, she’s been complaining about it since 2016 and all we got and replied from the council of zone 8 was that they send people to spray the weeds, that’s whatever they can do. “

Tom Patterson said several homeowners reported the ditch was overrun with tangled thickets, fallen trees and debris. He said the reports appeared to have been ignored.

“We had work orders placed to have this ditch along the west side of Proxie Dr. cleared so that the drainage water that came out of the woods and into the ditch was not clogged and went into the backyards. people and in the road, ”Patterson said.

A spokesperson for the mayor’s office said the ditch was sprayed with a herbicide twice a year to reduce vegetative growth. He also said the recently announced $ 20 million drainage initiative includes the clearing and grubbing of Claycut Bayou, into which this neighborhood drains. Apart from this project, the supply ditches, but the spokesperson could not say if this specific drainage ditch would be included.

Instead of waiting for these projects, the owners of the Old Jefferson neighborhood decided to clean up the ditch, clearing it of all debris.

“We went with the neighbors and decided to come here and clean it up ourselves as no one else wanted to do it,” said Charles Carson, whose house suffered minor water damage from it. May storms.

Equipped with shovels, chainsaws and rakes, the group spent most of Friday morning running to clear the ditch. Their goal is to ensure that whatever happens to them this weekend can pass without flooding anyone.

“It’s really hot, but we have to do it to keep our homes from flooding,” Carson said.

According to the East Baton Rouge Public Works Department, he inspected every street in town and parish ahead of the rainy events this weekend. The DPW crews also reportedly focused on 311 reports. A spokesperson said the goal was to meet 100% of requests by the end of the year. Last year, the parish completed 83% of these.

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Montclair gasoline leaf blower law goes to court https://juliavinograd.com/montclair-gasoline-leaf-blower-law-goes-to-court/ Fri, 18 Jun 2021 21:31:31 +0000 https://juliavinograd.com/montclair-gasoline-leaf-blower-law-goes-to-court/
A landscaping company challenges the new leaf blower ordinance.
Chris Bair via Unsplash


A landscaping company is challenging Montclair’s new gasoline leaf blower order in court.

The company that sued the township when Montclair began limiting gasoline leaf blowers in 1995 will return to court on June 25 to challenge a recent change in the law, which reduces the number of days gasoline blowers are on. allowed every year from 168 to 93, claiming that this goes against an agreement reached in 2000.

Montclair first limited the times of year that could be used with gasoline leaf blowers in 1995, but Dente Landscaping and 50 other “John Does” filed a lawsuit shortly thereafter, challenging the order. In 2000, landscapers and the township entered into a regulation that still limited the times of the year that can be used with gasoline-powered fans, but allowed a wider date range than the township’s first set – March 1 through June 10 and from October 1 to December 15. – and the landscapers agreed to dismiss the lawsuit.

In February, city council voted 5-2 to restrict these dates from March 15 to May 15 and October 15 to December 15. Start times are now also one hour later – 9 a.m. on weekdays and 10 a.m. on weekends.

In February, Michael D. Byrne of Pilgrim Pruning told council the bylaw prohibited the city from further restrictions on leaf blowers. But township lawyer Ira Karasick dismissed the claim, saying the courts couldn’t stop legislative bodies from making new laws.

On March 15, Dente’s attorney, David J. Mairo, sent Karasick a letter stating that “the parties have agreed not to change the hours of operation. … In light of the stipulation of the bylaw, Dente Landscaping and the New Jersey Landscape Contractors Association demand that the township immediately repeal the ordinance… and reject any summons issued for alleged violations of it.

Mairo said if the township fails to repeal the order, Dente will file a petition in court.

On June 9, Vito Dente and Dente Landscaping filed a civil action in Essex County Superior Court, known as the Plaintiff’s Rights Assistance Application, asking the court to enforce the terms of the settlement.

“The stricter restrictions in the ordinance on the use of internal combustion leaf blowers reduce by about a month and a half the periods of permissive use that the defendant agreed to in the settlement agreement,” the motion reads. .

Karasick refutes that in a brief, telling the court that the settlement was “silent on the duration of the amended regulations or on the township’s right to change these dates and times in the future.”

And he says in the brief that the court should dismiss the petition because “the previous regulation cannot limit the exercise of policing power by Montclair’s current governing body.”

Karasick also states that city council should not be “forever prevented” from considering the impact of gas fans on public health and safety which is different from that of 2000.

The motion will be heard on June 25, when Dente asks a superior court judge to bar Montclair from enforcing the updated order. Dente is also asking the judge to demand that the municipality reject any summons currently pending for alleged violations.

The township, as of June 10, had issued nine summons to eight different landscaping companies for violating the partial ban on gasoline leaf blowers. These summons were to lead to hearing dates. In addition, the township has issued five warnings to landscapers for allegedly using gas blowers since the ban took effect.

The complaint also asks for legal fees.

Only two cities currently have limitations on gas fans – Montclair and Maplewood. In April, Summit created a pilot program to test the ban on gas blowers from June 1 to August 31 of this year.

Maplewood passed its law in 2017, restricting gas blowers by landscapers from Oct. 1 to May 14. From Monday to Friday, they are authorized from 8 a.m. to 6 p.m. and Saturday from 10 a.m. to 5 p.m. Residents are not prohibited from using them.

Shortly after Maplewood passed its ban, the New Jersey Landscape Contractors Association and nine landscaping companies filed a lawsuit against the township, accusing the ban of discriminating against businesses because it does not apply to private residents and crews. City DPW. Montclair’s ordinance, however, also applies to private residents, although the DPW is not limited. Maplewood’s lawsuit is still in federal courts.

Montclair’s law creates a minimum fine of $ 100, a maximum of $ 2,000 and a jail term of 90 days for offenders – the maximum allowed by municipal ordinances.

Peter Holm of Quiet Montclair, a group that aims to reduce the use of gas fans in favor of quieter, healthier and greener alternatives, declined to comment on the lawsuit.

Uganda imposes new anti-coronavirus measures to stem raging pandemic https://juliavinograd.com/uganda-imposes-new-anti-coronavirus-measures-to-stem-raging-pandemic/ Fri, 18 Jun 2021 19:28:00 +0000 https://juliavinograd.com/uganda-imposes-new-anti-coronavirus-measures-to-stem-raging-pandemic/

KAMPALA (Reuters) – Ugandan President Yowreri Museveni on Friday introduced sweeping new anti-coronavirus measures, including a ban on all vehicle movements except essential workers to help curb a second wave of the COVID-19 hitting the country.

FILE PHOTO: Ugandan President Yoweri Museveni attends a meeting with Russian President Vladimir Putin on the sidelines of the Russia-Africa Summit in Sochi, Russia October 23, 2019. Sputnik / Mikhail Metzel / Kremlin via REUTERS

The East African country, like most other African peers, had been relatively untouched by the first wave. It suddenly started seeing a sharp rise in COVID-19 infections last month after authorities confirmed they detected the presence of the Indian coronavirus variant.

“The country has experienced more aggressive and sustained growth from the COVID-19 pandemic,” Museveni said in a televised address.

He said the daily number of people testing positive has risen to more than 1,700, from less than 100 just three weeks ago.

“We know of very high hospitalization and death rates for COVID-19 patients in all age categories. “

In further steps to curb the pandemic, it has banned the circulation of public and private vehicles, except those carrying patients and those used by essential workers like health workers.

An existing curfew that started at 9 p.m. has been moved forward to 7 p.m. while places such as bustling malls, churches and sports stadiums have been closed.

The new restrictions, Museveni said, will last 42 days.

To date, Uganda has registered a total of 68,778

COVID-19 cases and 542 deaths.

Over the past two weeks, local media have widely reported that most healthcare facilities, public and private, are filling up and refusing patients while others have taxed the oxygen supply.

The new restrictions could undermine a fragile economic recovery after the blow from last year’s lockdown.

The restrictions contributed to an economic contraction of 1.1% in 2020, but the finance ministry predicted ahead of Friday’s new measures that growth would soar to 4.3% in the fiscal year starting in July.

Report by Elias Biryabarema; Editing by David Gregorio

Black developers build affordable housing on abandoned land in West Woodlawn https://juliavinograd.com/black-developers-build-affordable-housing-on-abandoned-land-in-west-woodlawn/ Fri, 18 Jun 2021 11:00:00 +0000 https://juliavinograd.com/black-developers-build-affordable-housing-on-abandoned-land-in-west-woodlawn/

Thanks to the Land Bank, we have purchased 12 abandoned lots where we will soon be building new state-of-the-art homes in a community in desperate need of quality and affordable housing.

These transactions would not have been possible without the Land Bank, which is removing huge barriers to the process of acquiring vacant homes and clearing titles without using taxpayer money. Without the land bank, these houses would have either remained abandoned or bought by a large developer who had the resources to sit on them for years until gentrification guaranteed a significant return.

Not us. Our architect is already working on design concepts. As always, we’ll be hiring from within the community, to ensure that the reach of our project reaches as many Chicagoans as possible.

Architects, accountants, lawyers, carpenters, landscapers, HVAC professionals, plumbers, electricians, security personnel – an all-black team like this community will transform this block from top to bottom, creating over 150 jobs by the end of next year.

This is where we will have the most impact: employing formerly incarcerated citizens, who often find it difficult to move forward without much help once outside; the elderly, who may have difficulty finding work; and those who haven’t had many opportunities but who, once given the chance, find great pride and do a remarkable job in building the neighborhood.

For us, our work is not limited to this block. We know that a large-scale project like this has the power to attract more investment to West Woodlawn, which has closed and vacant homes on almost every block. A nearby commercial corridor on 67th Street is also ripe for redevelopment of black-owned businesses.

And we know it will happen; development breeds development, and development breeds stability. Each new owner is an anchor that keeps our neighborhood in a safe haven before the next economic crisis.

Until then, we’ll be building our neighborhoods one block at a time. And when the owners nearby need a little help, maybe cutting the grass or shoveling the snow, we’ll ask our crews to do that, too. Because that’s what the neighbors do. This is what it means to be part of a community.

Bottom row, from left: Sean Jones, Bonita Harrison and DaJuan Robinson. Top row, from left: Keith lindsey and Derrick Walker. They are real estate developers who build affordable and market-priced developments on the South and West sides.

The Netherlands regulates the governance structure of associations and foundations https://juliavinograd.com/the-netherlands-regulates-the-governance-structure-of-associations-and-foundations/ Fri, 18 Jun 2021 08:11:16 +0000 https://juliavinograd.com/the-netherlands-regulates-the-governance-structure-of-associations-and-foundations/

The Netherlands Law on the governance and supervision of legal persons will enter into force on July 1, 2021, bringing the governance structure of these organizations in line with the existing rules for public limited companies (NV) and limited liability companies (BV) in the Dutch Civil Code.

The new law aims to prevent mismanagement, irresponsible financial management, abuse of position and other undesirable activities on boards of directors.

The law will allow associations and foundations to set up a supervisory board or a council at one level.

The legislation also clarifies the principles that directors and supervisory directors of associations, cooperatives and foundations must respect in the performance of their duties.

It specifies that a director or a member of the Supervisory Board in conflict of interest cannot participate in the deliberation and decision-making on the subject concerned. If, as a result, the decision cannot be taken by the board of directors, the supervisory board can take the decision in its place.

If no supervisory board is installed, then the decision can be taken by a general assembly of associations or cooperative associations. For a foundation, the board of directors can make the decision in question, but must keep an appropriate record of its decision-making process.

The administrators and supervisory directors of foundations and trade associations, cooperatives, mutual societies and mixed economy legal persons will be personally liable in the event of bankruptcy if the financial statements of the organization have not been published on time or if the records have not been properly kept.

The legislation also confirms that a single director or supervisory directors cannot cast more votes than their co-directors or supervisory directors combined.

Company law expert Frits Burg from Pinsent Masons, the law firm behind Out-Law, said: “The rules for the supervision and management of private and public companies are sufficiently covered by Dutch law. For foundations, associations and cooperatives, the governance structure is just as important and this act meets the needs of legal practice.

The new law will have direct effect. If an organization’s current statutes do not contain any rules regarding the absences or inability to act of directors, it should amend its statutes accordingly.

Organizations have more time to change the rules in force in their statutes regarding the number of votes that can be cast by directors – these can be changed up to five years after the legislation comes into force or when the next modification of the statutes.

The rules relating to conflicts of interest will come into force immediately, regardless of the content of these statutes.

The economic crisis is pushing many workers into the informal labor market in Latin America and the Caribbean https://juliavinograd.com/the-economic-crisis-is-pushing-many-workers-into-the-informal-labor-market-in-latin-america-and-the-caribbean/ Thu, 17 Jun 2021 20:36:15 +0000 https://juliavinograd.com/the-economic-crisis-is-pushing-many-workers-into-the-informal-labor-market-in-latin-america-and-the-caribbean/

Economic crises like the one in Latin America and the Caribbean are having lasting effects on the structure of employment and could permanently drive many people out of the formal economy, according to a new World Bank report. .

The Covid-19 pandemic has the biggest impact on low-skilled workers and exacerbates already high inequalities in the region, according to JOBS IN CRISIS: the path to better jobs in post-Covid-19 Latin America. Low-skilled workers often suffer from lower incomes for a decade following a crisis, while high-skilled workers rebound rapidly. Accordingly, government labor policies should focus on establishing social safety nets and recycling, as well as improving the macroeconomic and business environment to ensure long-term and inclusive economic growth.

“The economic recovery has often been a myth when it comes to jobs, but it doesn’t have to be so,” said Carlos Felipe Jaramillo, World Bank vice president for Latin America and the United States. Caribbean. “The right policies can help limit the impact of crises on jobs and help create more jobs in recoveries.”

As some of the most significant shocks that have rocked the region in recent decades show, the consequences of the crisis in Latin America and the Caribbean are long-term and have profound effects on employment. For example, data on employment before and after the Brazilian debt crisis, the effects of the Asian financial crisis in Chile, and the impact of the 2008-2009 global crisis in Mexico show that the rapid recoveries have not subsided. not materialized. In all three cases, the employment curve has undergone a strongly negative deviation as a result of these crises, which, far from being reversed, has become more pronounced over time.

On average, after three years, major crises result in a net loss of 1.5 million jobs, with a 3% contraction of formal work and an expansion of the informal. The current crisis could be even worse and cause a contraction in formal employment of up to 4%.

Low-skilled workers tend to suffer the most, exacerbating persistent inequalities in the region. For them, the scars of crises can last for up to a decade, with loss of income and greater vulnerability. In addition, two-thirds of the countries in the region do not have national assistance or unemployment insurance programs. To minimize these scars in the long run, governments should adopt policies to support a sustainable recovery of economies and facilitate the recovery in employment.

“We must seize the opportunity to build back better,” said Joana Silva, senior economist at the World Bank and lead author of the report. “We need to strengthen our labor markets so that they are able to cope with and rapidly reverse the impacts of future shocks.”

The first key step is to put in place strong and prudent macroeconomic frameworks and automatic stabilizers to protect labor markets from potential crises. Sound fiscal and monetary policies can preserve macroeconomic stability and avoid system-wide financial strains in the face of a shock. Fiscal reforms, including less distortive taxation, more efficient public spending, financially sustainable pension programs and clear fiscal rules are the first line of defense against crises.

Countercyclical income support programs, such as unemployment insurance and other transfers to households during downturns, limit the damage caused by contractions and help economies recover. One of the challenges for the region, however, is that large segments of the workforce are informal and therefore cannot be reached through traditional unemployment insurance.

In addition, it is crucial to increase the capacity of social protection and labor policies in the region, integrating these policies into systems that provide income support and prepare workers for new jobs through retraining and retraining. re-employment assistance. The rapid response of governments to expand some social protection and labor programs in the aftermath of the pandemic may lead to progress in creating better and more integrated social registries. This is achievable in the short term and can make a difference in the reach of these programs.

But stronger macroeconomic stabilizers and reforms to social protection and labor systems are not enough. It is also necessary to relaunch the recovery in employment by supporting vigorous job creation. This effort will require addressing structural issues. Competition policies, regional policies and labor regulations are key areas. If countries do not address these fundamental problems, the recovery will remain characterized by sluggish job creation.

World Bank response to the COVID-19 pandemic

Since the start of the COVID-19 pandemic, the World Bank Group has committed over $ 125 billion to combat the health, economic and social impacts of the pandemic, the fastest and most important crisis response in its history. Funding helps more than 100 countries strengthen pandemic preparedness, protect the poor and jobs, and launch a climate-friendly recovery. The Bank is also provide $ 12 billion to help low- and middle-income countries purchase and distribute COVID-19 vaccines, tests and treatment.

Learn more about the World Bank’s work in Latin America and the Caribbean: www.worldbank.org/lac

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What does HIPAA mean for vaccination? https://juliavinograd.com/what-does-hipaa-mean-for-vaccination/ Thu, 17 Jun 2021 16:01:02 +0000 https://juliavinograd.com/what-does-hipaa-mean-for-vaccination/

As individuals decide whether or not to receive COVID-19 vaccines, some social media posts claim HIPAA prevents an employer from asking questions about an employee’s immunization status. We answer frequently asked questions about HIPAA and its relationship to vaccine surveys.

What is HIPAA and why was it created?

The Health Insurance Portability and Accountability Act, or HIPAA, is federal law created to streamline inefficiencies in the health care industry. The law aimed to give patients and providers easier access to health care information.

Congress first passed HIPAA under the Clinton administration in the 1990s, and it came into effect in 2003. The four stated objectives of HIPAA are:

  1. Provide the ability to transfer and maintain health insurance coverage to millions of American workers and their families when they change or lose their jobs;
  2. Reduce healthcare fraud and abuse;
  3. Mandate industry-wide standards for healthcare information on electronic billing and other processes; and
  4. Require the protection and confidential treatment of protected health information

Is everyone covered by the HIPAA security rule?

No, HIPAA applies only to covered entities and not to everyone who uses or sees health information. HIPAA Covered Entities are defined as health plans, health care providers and health care clearinghouses.

Does HIPAA Safety Law Protect Individuals From Disclosing Their Immunization Status To Employers?

Immunization records are part of HIPAA Personal Health Information (PHI); however, security rules only apply to entities covered by HIPAA, not individuals.

Employers are not covered entities, so they are allowed to ask their employees for proof of vaccination. It would only be a violation of HIPAA if the employer asked the employee’s health care provider to disclose his vaccination record without the employee’s consent.

Are you protected against a company asking you for proof of vaccination thanks to the HIPAA security rule?

Companies are allowed to request customers to provide proof of vaccination, however, it is difficult for companies to refuse service due to vaccination status due to the Americans with Disabilities Act (ADA).

Instead, companies can require customers who refuse to disclose immunization information to wear masks or accept outside deliveries. If customers refuse to compromise with companies, companies can refuse services for health and safety reasons.

Does the HIPAA Safety Rule Protect You from Disclosure of Immunization Status to Healthcare Providers?

Healthcare providers are permitted to both request the patient’s immunization status and disclose it to other covered entities for treatment, payment, or healthcare transactions. patient authorization is not required to share immunization status information for public health activities, depending on the HIPAA Journal.

Public health activities include public health surveillance to report and prevent disease.

Can my employer ask me for my vaccination status? What can happen if I refuse?

While employees are not required to provide their immunization status to their employer, they are not protected from the consequences of not providing the information. The consequences of refusing to be vaccinated are vast and ambiguous, but a recent court ruling highlights the possible consequences.

In Houston, a federal judge sided with a hospital that fired employees who refused to be vaccinated.

Currently, people are only exempt from employee-imposed vaccination requirements for medical and / or religious reasons.

However, as the availability of COVID vaccines increases, many states are considering legislating to prevent employers from mandating vaccinations and to protect employees who refuse vaccinations.

Is North Carolina creating legislation that prevents employers from requesting vaccination cards?

North Carolina’s Occupational Safety and Health Act exempts employees from being vaccinated for religious reasons.

Republican lawmakers have proposed a state bill to protect those who chose not to be vaccinated, but he did not survive this session’s crossover.

Can HIPAA save you from having to get a vaccination passport?

Vaccine passports are becoming an increasingly common method for countries to regulate who travels within the country.

However, HIPAA laws affect vaccination passports in the same way. affects other evidence of vaccination. HIPAA only protects covered entities that can apply for a vaccination passport and not companies that are not covered entities.

Live Ventures is expanding in the financial services sector with https://juliavinograd.com/live-ventures-is-expanding-in-the-financial-services-sector-with/ Thu, 17 Jun 2021 12:30:00 +0000 https://juliavinograd.com/live-ventures-is-expanding-in-the-financial-services-sector-with/

Agreement to acquire a broker, an investment bank proposes a possible roll-up strategy for long-term profitable growth potential

When acquiring the remaining outstanding units, consolidated revenue is expected to increase by approximately 10% and provide an immediate increase in profits

LAS VEGAS, June 17, 2021 (GLOBE NEWSWIRE) – Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company with subsidiaries in manufacturing and retail, today announced that it has entered into an agreement to acquire Salomon Whitney LLC, a brokerage dealer operating under the name of SW Financial.

Live Ventures has agreed to acquire 100% of the interests in Salomon Whitney LLC in an all-cash transaction. At the initial closing of June 14, 2021, Live Ventures acquired 24.9% of SW Financial. The acquisition of the remaining stake in SW Financial is subject to the approval of the Financial Industry Regulatory Authority (FINRA) and other customary closing conditions.

The acquisition broadens and further diversifies the Company’s portfolio of operating subsidiaries in the financial services industry. The Company expects that as a result of this transaction and the completion of the acquisition of the remaining interests, its consolidated revenues will increase by approximately ten percent.

“This acquisition will add a successful financial services provider to our business portfolio and provide a similarly located broker-dealer ‘bundle’ strategy for Live Ventures,” said Jon Isaac, President and CEO of Live Ventures. “SW Financial has established a successful roadmap which we believe is complementary to our other service offerings. By working closely with the management team, including the two directors of Salomon Whitney LLC, Thomas Diamante and Lawrence Zelin, it is evident that our goals are closely aligned, and we believe the business will continue to thrive under them. direction. This business will allow us to focus on sustainable and profitable growth while delivering value to our shareholders. “

“We are delighted to join Live Ventures and their management team as partners of Salomon Whitney LLC,” commented Thomas Diamante, CEO of SW Financial. “We believe this collaboration will strengthen our operations and our offerings for our customers. Our companies share complementary core values, and we believe that together we are better positioned and better capitalized to seize this tremendous growth opportunity that we believe exists in the market. “

Lawrence Zelin, CFO of SW Financial, added: “We look forward to expanding our capabilities and driving innovation that will deliver end-to-end solutions to our customers and fuel the growth of our business. “

Founded by Thomas Diamante in 2007, Salomon Whitney LLC is a licensed brokerage and investment bank that provides clients with a wide range of products and services, including the retail sale of equity and corporate debt securities, private placement of securities, corporate finance advice on mergers. and acquisitions, brokerage of variable life insurance or annuities, and retail sale by brokerage of US government and municipal securities. It currently has around 70 registered representatives and is licensed to operate in all 50 states. SW Financial is registered with the United States Securities and Exchange Commission (“SEC”) and the Financial Industry Regulatory Authority, Inc. (“FINRA”).

LIVE has contracted the Compliance Exchange Group (“CXG”) to manage the regulatory demand and FINRA approval process for the acquisition of Salomon Whitney LLC. www.cxgllc.com.

About Live Ventures

Originally incorporated in 1968, Live Ventures Incorporated is a diversified holding company with several wholly owned subsidiaries and a strategic focus on acquiring profitable companies that have demonstrated strong earning power. Through its subsidiary Marquis Industries, the company manufactures and sells residential and commercial rugs primarily in North America. Marquis Industries also designs, sources and sells hard surface flooring. Through its subsidiary Precision Marshall, the company manufactures and sells steel in four product categories: luxury alloy sheet, luxury tool steel sheet, precision ground flat stock, and drill rod. . Through its subsidiary Vintage Stock, an award-winning entertainment retailer, the company sells new and used movies, classic and current generation video games and systems, CD and LP music, comics collection, books, toys, etc. Vintage Stock, through its stores and website, ships products worldwide right to the customer’s doorstep. Through its subsidiary Precision Industries, the company sells high-end tool steels and special alloys. Through its subsidiary ApplianceSmart, the company sells new major home appliances in the United States through a company-owned retail store in Columbus, Ohio, operating under the name ApplianceSmart®. All of Live Ventures businesses are rooted in their local communities where they contribute to the local economy and serve as responsible corporate neighbors.

Forward-looking statements and cautions

Use of the word “company” or “Company” refers to Live Ventures Incorporated and its wholly owned subsidiaries. This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. In accordance with the safe harbor provisions of that law, statements contained herein that are forward-looking and include anything other than historical information, involves risks and uncertainties that could affect the actual results of the company, including statements relating to a potential roll-up strategy and to increases in the consolidated revenues of the company. These forward-looking statements may be identified by words such as “will”, “expects”, “anticipates”, “the future”, “intends”, “plans”, “believes”, “believes” and similar statements. Live Ventures may also make written or oral forward-looking statements in its periodic reports to the United States Securities and Exchange Commission (the “SEC”) on Forms 10-K and 10-Q, Current Reports on Form 8-K, in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate and there are a number of important factors that could cause actual results to differ materially from those expressed in forward-looking statements made by the company, including, but not limited to , management plans and objectives for future operations or products, market acceptance or future success of our products, and our future financial performance. The Company cautions that these forward-looking statements are further qualified by other factors, including, but not limited to, those set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended September 30. 2020 (available at http: / /www.sec.gov). Live Ventures assumes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.

Direct Incorporated Businesses
Tim Matula, Investor Relations
(425) 836-9035
Source: Live Ventures Incorporated

]]> Zacks: Brokerage Firms Predict HDFC Bank Limited (NYSE: HDB) to Post Earnings Per Share of $ 0.59 https://juliavinograd.com/zacks-brokerage-firms-predict-hdfc-bank-limited-nyse-hdb-to-post-earnings-per-share-of-0-59/ Thu, 17 Jun 2021 07:17:02 +0000 https://juliavinograd.com/zacks-brokerage-firms-predict-hdfc-bank-limited-nyse-hdb-to-post-earnings-per-share-of-0-59/

Wall Street analysts expect HDFC Bank Limited (NYSE: HDB) to report earnings per share (EPS) of $ 0.59 for the current quarter, according to Zack. Zero analysts made estimates for HDFC Bank’s earnings. HDFC Bank reported earnings per share of $ 0.48 in the same quarter last year, suggesting a positive year-over-year growth rate of 22.9%. The company is expected to release its next quarterly results on Friday, July 16.

According to Zacks, analysts expect HDFC Bank to report annual profit of $ 2.80 per share for the current year, with EPS estimates ranging from $ 2.71 to $ 2.95. For the next fiscal year, analysts predict the company will post earnings of $ 3.36 per share, with EPS estimates ranging from $ 3.25 to $ 3.53. Zacks Investment Research’s BPA calculations are an average based on a survey of sales analysts who cover HDFC Bank.

HDFC Bank (NYSE: HDB) last released its quarterly results on Friday, April 16. The bank reported earnings per share (EPS) of $ 0.63 for the quarter, beating analysts’ consensus estimates of $ 0.60 by $ 0.03. The company posted sales of $ 3.68 billion in the quarter. HDFC Bank recorded a return on equity of 15.73% and a net margin of 20.43%.

Separately, Zacks investment research downgraded HDFC Bank from a “keep” rating to a “sell” rating in a research report released Wednesday, April 28.

Institutional investors recently changed their holdings of equities. Arkadios Wealth Advisors acquired a new position in HDFC Bank in the first quarter valued at approximately $ 29,000. Ameritas Investment Company LLC purchased a new position in HDFC Bank shares during the first quarter valued at $ 32,000. Eudaimonia Partners LLC purchased a new position in HDFC Bank shares during the first quarter valued at $ 34,000. Sageworth Trust Co purchased a new position in HDFC Bank shares during the first quarter valued at $ 34,000. Finally, Endurance Wealth Management Inc. strengthened its position in HDFC Bank shares by 182.5% during the first quarter. Endurance Wealth Management Inc. now owns 565 shares of the bank valued at $ 44,000 after purchasing an additional 365 shares during the period. Institutional investors hold 20.67% of the company’s shares.

HDFC Bank shares opened at $ 74.78 on Thursday. The stock has a market cap of $ 136.68 billion, a price-to-earnings ratio of 32.51, a price-to-earnings-growth ratio of 1.27, and a beta of 0.77. HDFC Bank has a 52-week low of $ 42.53 and a 52-week high of $ 84.70. The company has a quick ratio of 0.39, a current ratio of 0.08, and a debt ratio of 0.80. The stock has a 50-day simple moving average of $ 72.88.

About HDFC Bank

HDFC Bank Limited provides various banking and financial services to individuals and businesses in India, Bahrain, Hong Kong and Dubai. It operates in the Treasury, Retail banking, Wholesale banking, Other banking and Unallocated segments. The company accepts savings, salary, current and Demat accounts; fixed and recurring deposits; and safes, and rural and retirement accounts, as well as offshore accounts and deposits, overdrafts against fixed deposits and wages, and transfer facilities.

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History and earnings estimates for HDFC Bank (NYSE: HDB)

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7 actions to support your New Year’s resolutions

After a year like 2020, many Americans think that just getting to 2021 was enough. But for many people, the start of a new year still means making resolutions. And while many Americans are still waking up for Groundhog Day, there is hope that things will be drastically different in September than they are now.

Some of the more popular resolutions include losing weight, exercising more, or taking steps to better organize our life and / or business. And many pure-play companies are building on these trends and doing well.

As an alternative to this, you can also invest in companies that are not pure pieces but can still benefit consumers looking to start from scratch. Owning these stocks helps you manage your risk. If the trend continues, you can ride the wave. On the other hand, if the wave turns into a ripple, stocks have other catalysts to make them pass.

In this special presentation, we will examine these two categories. We have several pure-play companies that allow investors to buy shares in companies benefiting from these trends. We’ll also give you some stocks that fall into the latter category.

These are stocks that you can buy at any time and for a variety of reasons. However, they present some great buys at the start of the New Year.

Check out the “7 Actions to Support Your New Year’s Resolutions.”