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Portals Festival Confirms First Bands For 2020, Announces Collaboration With Holy Roar Records!
Returning for it's third annual event, Portals Festival have confirmed the fist wave of bands set to play the festival next year. Taking place at The Dome, Boston Music Room and Aces & Eights on the 6th and 7th of June 2020, the London festival is set to host some of the best and most celebrated names within the contemporary math and post rock echelon.
Headlining the festival will be the dearly beloved French math-rockers Totorro. Silently dormant since their set at the inaugural edition of Portals in 2018, Totorro's main stage headline set on Saturday 6th June is to be their only set within the UK in 2020. Those who caught their set in 2018 will know this will be a party unlike anything else and will certainly be a performance not to be missed.
Also confirmed are the Australian post-rock sensations We Lost The Sea, with their set at Portals next summer being their first ever show within the UK. A highly renowned name within the global post-rock scene, We Lost The Sea received plaudits on high following the release of their latest full length Triumph & Disaster. A masterclass in weaving emotive and crushing soundscapes, the release saw We Lost The Sea be heralded as the future of Austrian post-rock.
Portals have also confirmed they will be collaborating with Holy Roar Records on the Sunday of festival, with the label commandeering the Boston Music Rooms to showcase some of the finest talent under their namesake. Confirmed thus far for the Portals X Holy Roar stage are OHHMS, We Never Learned To Live, Boss Keloid and Modern Rituals, with more to be announced in the coming year.
Also confirmed for Portals 2020 are the fruity American math rock duo Standards, the highly celebrated and dynamic Alpha Male Tea Party, the orchestral 16-piece Human Pyramids, Scottish post-rock songbird Midas Fall, riff collective False Advertising, post-rock quintet Flies Are Spies From Hell, psychedelic dynamos Elevant and Bristolian math-grungers No Violet.
With 21 artists still set to be unveiled in the coming year, next years rendition of Portals is set to be the festival's biggest and best event to date. Portals Festival 2020 will take place at The Dome, Boston Music Hall and Aces & Eights, London on Saturday 6th and Sunday 7th June. More information and tickets are available here.
Portals Festival
Festival Season 2020
Totorro
We Lost The Sea
Holy Roar Records

redpajama_set_name: RedPajamaCommonCrawl


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"Only two things are infinite: the universe and human stupidity, and I'm not sure about the universe." Thus spake Albert Einstein, a man who knew a thing or two about big spaces and long stretches of time. Given a few more years, he might have made the same observation about Intel's x86 processor family and its infinite attraction to programmers.
If I may indulge in another quotation, it's been said that there are two kinds of programmers: those who admit they hate the x86, and liars. Nobody really likes programming x86-family processors, at least nobody I've ever met who'd worked with any other chip family.
If there were a god of microprocessor design, She would have smitten Intel long ago for creating such an abomination. The entire family tree comes from a bad seed, bearing the taint of the original 8086 and its spawn. Strong men weep, children faint, and wolves chew their own legs off rather than program x86 chips in assembly language. The sight of too much x86 code has been known to drive men mad. Its importation is limited in some countries. Humanitarian efforts bring aid to countless victims. International talks proceed quietly behind the scenes to ban its use and manufacture. Yet stockpiles exist to this day. Stop the madness!
Or something like that. In actual fact, the x86 has never been more popular, especially in embedded systems. Sure, we all equate "x86" with "PC," and the PC business has certainly been very good to Intel, to say nothing of AMD and a handful of other x86 producers. But the original 8086 started out as an embedded processor, as did the 8080, 8008, and 4004 before it. And even now, more x86 processors are used in embedded applications than in all the world's PCs put together.
Financially, the x86 franchise is a goldmine. Intel is the world's largest semiconductor manufacturer by revenue, yet x86 unit volume is very small. All of Intel's PC processors put together account for perhaps 2% of the world's microprocessors; the other 98% are all embedded processors from other companies. That is what's known in financial circles as serious leverage.
Technically, the x86 architecture is a horror show. It's the poster child for RISC extremists. Mothers, don't let your sons grow up to be x86 programmers. This is your brain on x86, etc. Its abstruse and byzantine internal design is a veritable plumber's nightmare of engineering mishaps, misfortunes, and calamities, a silicon house of cards waiting to collapse on the unwary programmer. There's nothing regular, elegant, or orthogonal about it. To use a disparaging military analogy, it's like the F-4 Phantom: proof that, with a big enough engine, even a brick can fly.
Yet the x86 architecture soldiers on. You can still buy 8086 chips and even download knockoff 8086, '286, and '386 designs for your FPGA. Pentium and CoreDuo processors find their way into embedded systems all the time, and entire PC motherboards are commonly found in cash registers and airport kiosks. Surely there's something behind all this widespread popularity?
There are good reasons for x86's popularity, of course, and one of them is inertia. In Einstein's world, physical inertia is a powerful force guiding the motions of planets as well as subatomic particles (we think). In engineering, inertia is no less powerful, guiding boardrooms and lab benches alike. If the previous generation of the product used Brand X processor, the next generation probably will, too. What's the point of switching if the old chip works? And as the oldest microprocessor architecture in the world, x86 has a head start over absolutely everyone in terms of longevity. A body at rest tends to stay at rest unless disturbed by an outside force, and all that.
That outside force came in the form of dozens of new processor families and chip makers over a 30-year period. They made a dent in the massive inertial incumbency of x86 but didn't dislodge it. Where new chip families like ARM and MIPS and PowerPC caught on was where the x86 wasn't: where brand-new applications sprung up that owed nothing to the early embedded or PC-based systems that x86 dominated. Like Willie Keeler said, hit 'em where they ain't. Then you become the incumbent, as ARM has done with mobile telephones.
The other reason for x86's enduring popularity is software. Not just the big backlog of existing software, which is a side-effect of longevity, but new software. Software-development trends actually favor the x86, in spite of its software-unfriendly design and venerable hardware architecture. High-level languages, Java, and virtualization all work to prolong the x86's dominance.
Fewer and fewer programmers work with assembly language anymore. Most are using C or C++ (or using C and calling it C++), with a few more using Java, BASIC, LabView, Pascal, and other specialty languages. These high-level languages hide the processor's inner mysteries from view, so most programmers care very little about the meat grinder that lurks inside their chip. That's the compiler's problem. C code looks pretty much the same no matter what your target. As assembly-language programmers get laid off, retire, or die, the close tie between code base and processor architecture unravels. Software becomes increasingly "generic" and CPU-independent, and inertia wins again.
Setting engineering prejudices aside, the x86 family has some practical advantages that lend it continued success. It's certainly popular, and, just as in the celebrity world, popularity breeds more popularity. There's nothing wrong with joining a big and well-supported crowd. It's easy to hire x86 programmers. It's easy to find technical support when a million other developers are using the same chip as you. And it's unlikely that you'll discover a bug that no one else has seen. There's comfort in knowing you're traveling well-trodden ground. Bosses don't like surprises and there are few surprises left in this old girl.
There's also the huge base of software, from real-time kernels to operating systems to middleware to finished applications. If your value-add isn't in one of these layers, why not just use what the vast user base has to offer? An adage about inventing wheels comes to mind.
The x86 family also has very good code density, a happy side effect of its pathologically irregular instruction set. For all their academic appeal, RISC processors got this feature badly wrong (as we saw last week). If memory space is important, x86 is a decent choice.
Power consumption is one area where x86 really falls down, hardware-wise. For all its talk about "ultra low power" and "mobile" processors, Intel can't paper over its processors' deficiencies in power efficiency. An x86 chip easily consumes 3x to 5x the power of a more modern processor at the same performance level. There are some signs of doddering old age you just can't hide.


We source these exquisite decorative wood bottles from artists in Channapatna, located in Southern India. The art of making these wooden objects dates back several centuries and has been passed down from generation to generation.The artisans in Channapatna are known throughout India for their durable and beautiful wood items.
Each bottle is individually handcrafted and painted, so no two are exactly alike. These decorative bottles are perfect for displaying dried or artificial plants, or just as a colorful addition to a shelf, bookshelf or windowsill on their own. Bottles should not be filled with any kind of liquid.


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Міжусобні війни на Московщині (1425—1453) — війни за велике князювання між нащадками Дмитра Донського, князем Московським Василем II (Темним) Васильовичем і його дядьком, князем звенигородским і галицьким Юрієм Дмитровичем і його синами Василем (косим) і Дмитром Шемяка в +1425 — 1453 рр . Великокняжий престол кілька разів переходив з рук в руки.

Основними причинами війни були: посилення протиріч серед російських князів в зв'язку з вибором шляхів і форм централізації держави в обстановці татарських набігів і литовської експансії; політична і економічна консолідація князівств. Результатом стала ліквідація більшості дрібних частин в складі Московського князівства і зміцнення влади великого князя.

Василь II проти Юрія Дмитровича (1425—1433)
У 1389 Юрій Дмитрович за заповітом свого батька Дмитра Донського був призначений спадкоємцем у разі смерті брата Василя Дмитровича, що згодом, після смерті вже дорослого брата в 1425 році, дало йому підстави претендувати на великокняжий престол в обхід сина того — Василя Васильовича. У 1428 році Юрій визнав, племінника «старшим братом», але в 1431 році намагався отримати ярлик на князювання у ординського хана, але ярлик дістався Василю. Однак Василь не віддав Юрію міста Дмитрова, яке обіцяв віддати. У 1433 році на весіллі Василя II його мати Софія Вітовтовна публічно зірвала з сина Юрія Василя золотий пояс, який нібито призначався Дмитру Донському в якості приданого під час його одруження на Євдокією Дмитрівніою, але був підмінений нечистим на руку тисяцьким Василем . За твердженням матері Василя II, згодом дорогоцінний предмет одягу дістався боярину Івану Всеволожу, в свою чергу той подарував його чоловікові своєї внучки Василю Юрійовичу. Швидше за все, історія з раптово виявленим через 65 років золотим поясом була вигадана Софією та її оточенням для помсти Івану Всеволожу, впливовому московському боярину, який перебіг на сторону Юрія Дмитровича. Незабаром після сварки на бенкеті за наказом великого князя Всеволож був осліплений.

Ображений рід Юрійовичів негайно пішов до батька в Галич, по дорозі розграбувавши Ярославль, вотчину Василя Васильовича. Юрій Дмитрович виступив на стороні синів, розгромив військо великого князя на березі Клязьми і зайняв Москву. Василь втік до Твері, потім в Кострому . Юрій віддав племіннику у спадок Коломну і сів княжити в Москві. Однак москвичі не підтримали Юрія: московські бояри і служиві люди стали переходити в Коломну; до них приєдналися і обидва сини Юрія, Василь і Дмитро, що посварилися з батьком. Юрій вважав за краще примиритися з племінником, повернувши йому великокнязівський престол. Однак подальші переслідування Василем колишніх супротивників привели до виступу в 1434 році проти Василя спочатку синів Юрія (в битві на березі річки Кусь Юрійович взяли верх), а потім (після розгрому москвичами Галича) і його самого. У березні Василь був розбитий під Ростовом поблизу села Нікольське на річці Устя, Юрій знову зайняв Москву, але вже в червні помер (як вважали був отруєний), заповівши Москву синові Василю.

Василь II проти Василя Юрійовича (1434—1436)

Хоча Василь Юрійович і оголосив себе великим князем, але молодші брати його не підтримали, уклавши мир з Василем II, за яким Дмитро Шемяка отримав Углич і Ржев, а Дмитро Красний — Галич і Бежецьк . При наближенні з'єднаних князів до Москви, Василь Юрійович, забравши скарбницю батька, втік до Новгорода . Пробувши в Новгороді півтора місяця, пішов в Заволоччя, потім в Кострому і вийшов в похід на Москву. Розбитий 6 січня 1435 року на березі річки Которосль між селами Козьмодемьянськ і Великим поблизу Ярославля, він втік до Вологди, звідки з'явився з новими військами і пішов до Ростову, по шляху взявши Нерехту . Василь Васильович зосередив свої сили в Ростові, а його союзник, ярославський князь Олександр Федорович став під Ярославлем і потрапив в полон разом з княгинею коли намагався не пускати до міста частину військ Василя Юрійовича, що пішли взяти його. За них було дано великий викуп, але відпущені вони були не відразу. Василь Юрійович думав застати Василя Васильовича зненацька, але той виступив з Ростова і зайняв позицію в селі Скорятіно, потім розбив війська противника в битві на річці Чересі (14 травня 1436 року), а сам Василь Юрійович був узятий в полон і засліплений, за що його прозвали косим (помер в 1448 році). Василь II звільнив Дмитра Шемяку, якого утримували в Коломні, і повернув йому всі володіння, до яких, після смерті Дмитра Красного в 1440 році, приєдналися Галич і Бежецк.

Василь II проти Дмитра Юрійовича (1436—1453)

Після того, як в 1445 році в битві під Суздалем сини казанського хана Улу-Мухаммеда розбили московське військо і взяли в полон Василя II, влада в Москві, відповідно до традиційного порядку спадкування, перейшла до Дмитра Шемяка. Але Василь, пообіцявши хану викуп, отримав від нього військо і повернувся в Москву, а Шемяка змушений був покинути столицю і піти в Углич. Але на бік Дмитра перейшли багато бояр, купців і представники духовенства, обурені «ординським полководством» Василя Темного, і в 1446 році при їх підтримці Дмитро Шемяка став московським князем. Потім він за допомогою Івана Андрійовича Можайського ув'язнив у Троїцькому монастирі Василя Васильовича і засліпив його і послав його в Углич, а потім до Вологди помстившись за осліплення свого брата і звинувативши Василя II в прихильності до татар. За це Василь II був прозваний Темним. Але знову до Василя Темного стали приїжджати незадоволені Дмитром Шемякою і почали допомагати такі князі: Борис Олександрович (тверський), Василь Ярославович (боровський), Олександр Федорович (ярославський), Іван Іванович (стародубсько-ряполовський) та інші. 25 грудня 1446 року, під час відсутності Дмитра Шемяки, Москва була зайнята військами Василя II. 17 лютого 1447 року Василь Темний урочисто в'їхав до Москви. Дмитро, який перебував у цей час у Волоколамську, змушений був почати відступ від Москви — пішов до Галича, а потім в Чухлому . Пізніше Дмитро Шемяка безуспішно продовжував боротися з Василем Темним, зазнавши поразки під Галичем, а потім під Устюгом .

У 1449 році Василь II уклав з польським королем і великим князем Литовським Казимиром IV мирний договір, який підтверджує московсько-литовські межі і обіцянку не підтримувати внутрішньополітичних супротивників іншого боку, також Казимир відмовлявся від претензій на Новгород. У 1452 році Дмитро був оточений військом Василя Темного, втратив володіння, втік до Новгороду, де помер (по літописним даними отруєний людьми Василя II) в 1453 році . У 1456 році Василь II зміг нав'язати Новгороду нерівноправний Яжелбицький мирний договір.

Примітки

Посилання

  Архивная копия от 20 февраля 2010 на Wayback Machine
 Не так: Династическая война московских Рюриковичей, 21.12.2013 г. Радио «Эхо Москвы»
 Московских Рюриковичей смута, 3 апреля 2014 г. (відео)

Громадянські війни Росії
Війни Великого князівства Московського
Історія Ярославської області
Історія Костромської області
Історія Московської області
Вікіпедія:Статті з іншим значенням на Вікіданих

redpajama_set_name: RedPajamaWikipedia


A MagFan™ flameless heater consists of a high-efficiency, multi-section axial-flow fan and a number of aluminum arms all spinning on the same shaft. Each of the spinning arms passes between a pair of powerful rare-earth magnets mounted on separate movable arms attached to the chassis.
As the spinning arms pass through the magnetic field the induced current is converted to heat that is then transferred to the airstream flowing through the fan. The amount of heat generated can be controlled precisely by varying the speed of the rotating assembly, and the distance between the magnets.
The fan assembly is driven by a Cat diesel engine, either a 74 bhp C3.4B, a 139 bhp C4.4 ACERT or a 225 bhp C7.1 ACERT depending on the size of the MagFan unit.
The C3.4B is a 60.3 to 74 bhp (45 to 55.4 bkW), 4 cylinder, inline, turbocharged direct injection engine displacing 207.5 in3 (3.4 L). It meets U.S. EPA Tier 4 Final and EU Stage NIB nonroad smission standards.
The C4.4 ACERT is an 88.4 to 173.5 bhp (65.9 to 129.4 bkW), 4 cylinder, inline, turbocharged, direct injection engine displacing 268.5 in3 (4.4 L). It meets Tier 4 Final and Stage IV emission standards.
The C7.1 ACERT is a 156 to 302 bhp (116 to 225 bkW), 6cylinder, inline, turbocharged, direct injection engine displacing 427.7 in3 (7 L). It meets Tier 4 Final and Stage IV emission standards.
All of the Cat engines Precision uses have the same control technology so the telemetry capabilities scale across the entire MagFan product line. The controls are so capable that Precision can regulate engine speed to ± 1 RPM on a unit running thousands of miles away.
Based on their success in the oil and construction industries, Precision is actively pursuing other applications for the MagFan flameless heating technology. Flood remediation, for example, requires high volumes of hot, dry air and is very sensitive to any potentially toxic carbon monoxide contamination. The MagFan is an ideal solution.
Even applications like exterminating bed bugs or other insect infestations by heating the ambient air in a hotel, hospital, or other building are well within the capabilities of a MagFan flameless heater. Given the ability of such insect pests to develop resistance to chemical pesticides, thermal decontamination may well be the wave of the future.


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Gloriosa superba is a species of flowering plant in the family Colchicaceae.
It is the national flower of Zimbabwe and also the state flower of Tamil Nadu. In 1947, Queen Elizabeth II received a diamond brooch in the shape of this flower for her twenty-first birthday while traveling in what was then Rhodesia.
English language common names include flame lily, climbing lily, creeping lily, glory lily, gloriosa lily, tiger claw, and fire lily. Names in other languages include kalihari (Hindi), Agni shikha or Potti Naabhi (Telugu), Kaanthal (Tamil), ulotchondal (Bengali), lis de Malabar (French), aranha de emposse (Portuguese), bandera española [Spanish flag] (Spanish), mkalamu (Swahili), klänglilja (Swedish), riri (Māori), and jia lan (Chinese). It is native to much of Africa and Asia, but it is known worldwide as "an ornamental plant, a medicine, a poison, and a noxious weed"!
Gloriosa superba is a perennial herb growing from a fleshy rhizome. It climbs using tendrils, the stem reaching 4 meters long. The leaves are mainly alternately arranged, but they may be opposite, as well. They are somewhat lance-shaped and tipped with tendrils, and they are up 13 to 20 centimeters long.
The gorgeous flower has six tepals each up to 5 to 7.6 centimeters long. They are generally bright red to orange at maturity, sometimes with yellowish bases. The margins may be quite wavy. The six stamens also are long, up to 4 centimeters, and each bears a large anther at the tip that drops large amounts of yellow pollen. The style may be more than 6 centimeters long. One flower may weigh over 2.5 grams.
The fruit is a fleshy capsule up to 6 to 12 centimeters long containing red seeds.
Cultivars of this popular garden plant may vary from these wild-type characteristics; the cultivar 'Lutea' has all-yellow tepals, 'Citrina' is yellow with red markings, and 'Nana' is a dwarf. Whitish forms are known, as well.
The plant is pollinated by butterflies and sunbirds. It grows in many types of habitat, including tropical jungles, forests, thickets, woodlands, grasslands, and sand dunes. It can grow in nutrient-poor soils and be found at as high as 2500 meters in elevation.
In general, this plant is common in the wild. It is in great demand for medicinal use, so it is cultivated on farms in India, but most plant material sold into the pharmaceutical trade comes from wild populations. This is one reason for its decline in parts of its native range.
In Sri Lanka it has become rare, and in Orissa it is thought to be nearing extinction. On the other hand, it has been introduced outside its native range and has become a weed which may be invasive. In Australia, for example, it now can be found growing in coastal areas of Queensland and New South Wales. It also is cited as an invasive species in the Cook Islands, French Polynesia, Kiribati, and Singapore.
Gloriosa superba is poisonous, toxic enough to cause human and animal fatalities if ingested. Every part of the plant is poisonous, especially the tuberous rhizomes.
And yet, as with many plants, the same chemical or chemical group that is poisonous also has medicinal uses, though clearly you must understand how and why before it is used. As with other members of the Colchicaceae, this plant contains high levels of colchicine, it is the colchicine which is poisonous, but it is the colchicine that can be used medicinally.
The key appears to be the dose, but also the part of the plant used. Dr Duke's analysis [see observations] covers only the plant, but traditional medicine uses the seeds, and considerable preparation is needed on the seeds
Gloriosa superba L. (Liliaceae) seeds, known as "kalihari" (Hindi), were phytochemically investigated for colchicine ...and other related alkaloid content. Colchicine, 2- demethylcolchicine, 3-demethylcolchicine, and N-formyl-N-deacetylcolchicine were alkaloids isolated from the seeds. ... The purity of colchicine, 2- demethylcolchicine, 3- demethylcolchicine and N-formyl-N-deacetylcolchicine were 99.82, 96.78, 98.71, and 98.13% respectively. PMID: 20645842
Ingesting the plant and not the seeds
The following comes directly from Wikipedia
Within a few hours of the ingestion of a toxic amount of plant material, a victim may experience nausea, vomiting, numbness, and tingling around the mouth, burning in the throat, abdominal pain, and bloody diarrhea, which leads to dehydration. As the toxic syndrome progresses, rhabdomyolysis, ileus, respiratory depression, hypotension, coagulopathy, haematuria, altered mental status, seizures, coma, and ascending polyneuropathy may occur. Longer-term effects include peeling of the skin and prolonged vaginal bleeding in women. Colchicine is known to cause alopecia. One case report described a patient who accidentally ate the tubers and then experienced hair loss over her entire body, including complete baldness. Poisonings can occur when the tubers are mistaken for sweet potatoes or yams and eaten. The plant can be dangerous for cats, dogs, horses, and livestock, as well.
Colchicine in particular but also a number of other chemicals in Glory Lily seeds have anti-viral activity, quite potent anti-viral activity. We have included an analysis of the plant from Dr Duke that shows that the plant is active against some very tough viruses. Whether the seeds are active against these same viruses remains to be discovered, but some preliminary studies seem very promising.
The plant [seeds] has long been used as a traditional medicine in many cultures and it has been used in the treatment of virus induced arthritis, cholera, typhus, leprosy, smallpox, sexually transmitted diseases, and many types of internal parasites. Tough pathogens often need tough treatment.
Pericarditus can be caused by viruses. In recent studies colchicine has been tested to see if it can help.
Pericarditis is the inflammation of the pericardium, the membranous sac surrounding the heart. Recurrent pericarditis is the most common complication of acute pericarditis, causing severe and disabling chest pains. Recurrent pericarditis affects one in three patients with acute pericarditis within the first 18 months. Colchicine has been suggested to be beneficial in preventing recurrent pericarditis………………..Colchicine, ….. is effective in reducing the number of pericarditis recurrences in patients with recurrent pericarditis or acute pericarditis. However, evidence is based on a limited number of small trials. Patients with multiple resistant recurrences were not represented in any published or on-going trials, and it is these patients that are in the most need for treatment. PMID: 25164988
We have included other observations to show that potentially this plant's seeds are exceptionally important medicinally.
Dr Duke's list of Chemicals and their Biological Activities in: Gloriosa superba L. (Liliaceae) -- Glory Lily 018893
Dr Duke's list of Plants containing SALICYLIC ACID 020467
Dr Duke's list of Plants with AntiBehcet's Activity 018891
Dr Duke's list of Plants with AntiPaget's Activity 019159
In vitro anti-proliferative activity on colon cancer cell line (HT-29) of Thai medicinal plants selected from Thai/Lanna medicinal plant recipe database "MANOSROI III" 018896
Potent anti-proliferative effects against oral and cervical cancers of Thai medicinal plants selected from the Thai/Lanna medicinal plant recipe database "MANOSROI III" 018895
Potent Antiproliferative Effect on Liver Cancer of Medicinal Plants Selected from the Thai/Lanna Medicinal Plant Recipe Database "MANOSROI III" 018894
Purification of 3 monomeric monocot mannose-binding lectins and their evaluation for antipoxviral activity: potential applications in multiple viral diseases caused by enveloped viruses 018892


Connect one end of the HDMI cable to the DVD Recorder connector labeled HDMI, Output, Monitor or TV and the other end to any Input HDMI connector on the Receiver.
To watch a DVD on the DVD Recorder, turn on the DVD Recorder and Receiver and put in the DVD in the DVD Recorder. Select the Input on the Receiver that corresponds to the label next to where you connected the HDMI cable from the DVD Recorder. Select the Input on the TV that corresponds to the label next to where you connected the HDMI cable from the Receiver.
To record a DVD, turn on the DVD Player, DVD Recorder, and Receiver. Put the DVD to record in the DVD Player and a blank DVD in the DVD Recorder. Change the Source on the Receiver to the Input on the Receiver that corresponds to the label next to where you connected the HDMI cable from the DVD Player. Play the DVD on the DVD Player to verify you have selected the correct input on the Receiver. To record the DVD, select Play on the DVD Player and then select Record on the DVD Recorder when you want to start Recording.


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Home > Business > NSE appoints Girish Chandra Chaturvedi as new chairman
NSE appoints Girish Chandra Chaturvedi as new chairman
PTI6 Dec 2019 5:02 PM GMT
New Delhi: Leading stock exchange NSE on Friday said it has appointed Public Interest Director Girish Chandra Chaturvedi as its new chairman. The appointment comes following the approval of the markets regulator Sebi. The position was vacant since Ashok Chawla resigned as the chairman of the National Stock Exchange(NSE) in January. In a statement, the bourse said Chaturvedi has been appointed as the chairman of the governing board of the NSE with the approval of Sebi, effective Friday. The board and the management of NSE has welcomed Chaturvedi, a retired IAS officer and former Secretary, Ministry of Petroleum and Natural Gas, as the new chairman of the NSE.


The market dipped but it did not drop after the Brexit vote.
U.K. Prime Minister Theresa May suffered the largest defeat in U.K. political history with a 432 to 202 vote loss. That 230-point loss could have signaled the end of her time as Prime Minister. With the U.K. set to leave the EU on March 29th, time is running out to agree on a plan for the divorce. The parliament has three days to come up with a plan of action. May is going to televise a "Plan B" option this week. The challenge is that any plan must be approved by the EU and they are playing hardball and realize the U.K. is running out of time. By not negotiating they are hoping to get a better deal for the EU.
There are basically only a few options left. The first is a vote of no confidence against May and that should happen on Wednesday. If the vote passes the current parliament would have 14 days to come up with a new government but that does not change the deadline on the EU exit. It just complicates the remaining negotiations.
They could force a new general election in an attempt to change the party in power. Still no change in the exit date. They could try to renegotiate but the EU realizes the government in in disarray and that is not likely to work. They could ask for an Article 50 extension to put off the exit date by some period of time while the U.K. works through its political problems.
There could also be a "hard Brexit" with no deal and that is the worst-case scenario for both the U.K. and the EU because trade could come to a screeching halt with no agreement on borders, etc.
Lastly, there could be another referendum on the entire Brexit process. The initial referendum barely passed and after two years of constant argument about the exit many citizens are ready to throw up their hands and forget it. Many voters did not even understand what a Brexit would mean when the original vote was held. Everyone would be far more aware this time.
Despite the positive close it was a very volatile day. The market opened strongly positive but comments from Senator Chuck Grassley at 10:00 knocked off 140 points in just a couple minutes. He said trade representative Lighthizer told him he did not see any significant progress being made in the China trade talks. That knocked the market back into negative territory. The Dow eventually recovered and rose back to +188 before fading into the Brexit vote at 2:PM. The initial headline produced a minor spike then another big drop back to zero. The rebound into the close was the most bullish move of the day because it represented investors buying bad news and lifting the indexes back over current resistance.
The market started the morning with positive news for the Fed. The Producer Price Index for December declined -0.2% after a +0.1% rise in November. The cost of goods declined -0.4% and services fell -0.1%. Intermediate goods fell -0.9% and core processed goods fell -0.7%. What all that means is that inflation at the producer level is declining thanks mostly to a -5.4% decline in energy prices. The PPI for gasoline fell -13.1%. Core goods, excluding food and energy, rose only 0.1%.
Prices for airline tickets, cell phones, electronics, internet services, etc, all declined. On a trailing 12-month basis the PPI is up 2.4% but that represents a continuous decline from the peak at 3.3% in July. Inflation is fading and the Fed is likely to remain on hold for a while.
In an interview today, former Fed Chair Janet Yellen said she expected interest rates to remain low for a "long time" and that was music to investor's ears.
Also surprising is that tariffs on imported goods and materials have not raised prices on those finished goods. Since the administration is not likely to raise tariffs on China at the end of February as previously threatened, there are no obvious price hikes on the horizon. If tariffs are cancelled, prices will decline further. This is good news for the US consumer.
The NY Empire Manufacturing Survey for January fell sharply for the second month. The headline number declined from 10.9 to 3.9 after peaking at 24.3 in August. This is the lowest reading since mid-2017 and the third lowest reading in seven years.
The new orders component fell from 13.4 to 3.5, inventories from 7.1 to -7.6 and employment from 17.5 to 7.4. Backorders declined from -5.1 to -7.6 and the fourth consecutive month without a gain.
Analysts believe the trade war with China, impending recession in Europe and the government shutdown all impacted sentiment and soured sentiment for manufacturers.
After the bell the weekly API inventory report showed only a minor 560,000 barrel decline in crude inventories. For the third week inventories of refined products rose sharply. Gasoline inventories rose by 6.0 million barrels and distillates by 3.2 million barrels. Crude prices declined only 10-cents in afterhours.
Our economic calendar is shrinking as government reports are being cancelled by the shutdown. There may be more, but these are the ones I know for sure. The Beige Book is still on tap and given the recent weakness in the regional reports, this summary of all the Fed districts could be a challenge if it shows similar weakness.
The Philly Fed Survey on Thursday is expected to post a gain, but it would be an outlier compared to some of the other regional reports.
The headliner for the earnings on Wednesday is Goldman Sachs. They are facing a fine of up to $7 billion for their part in the Malaysian investment fund scandal. Their earnings and guidance will be critical. Bank of America is expected to follow the model set by JP Morgan with positive earnings but weak revenue because of the lack of trading volume in December.
Netflix is the big dog on Thursday and subscriber growth is more important than earnings. Q4 is normally a big quarter so expectations are high.
While on the topic of Netflix, the company announced another round of price increases this morning for their 58 million subscribers in North America. Prices will rise from 13% to 18% and the largest increase in their history. The price change will raise an additional $1.4 billion a year in revenue and help offset the expected $3 billion cash burn in 2019.
The cheapest plan will rise from $7.99 to $8.99. The HD standard plan will rise from $10.99 to $12.99 and the premium 4K plan will rise from $13.99 to $15.99. The prices will take effect immediately for new customers and existing customers will see the increase hit their bills over the next three months. Some Latin American countries will also see higher rates. International customers will not be impacted. Last quarter Netflix saw subscriber growth rise 10.7% to 58 million domestic and 78 million international customers.
Netflix also saw an upgrade from Goldman Sachs who thinks the share price is still 20% undervalued. That means it is only 14% undervalued tonight according to their projections because the stock gained 6% today.
Shares of JP Morgan (JPM) fell nearly 2% at the open after missing estimates. Earnings of $1.98 per share missed estimates for $2.20. Revenue of $26.80 billion missed estimates for $26.84 billion. Loans rose 6%, credit card volumes 10% and net interest margin rose 10%. However, trading volume crashed in December as investors fled the market early and avoided the late December crash. Algo computers and institutional tax loss selling provided the majority of late December volume and JPM does not get any revenue from them. This was the first time in 15 quarters that JPM has missed on earnings.
Shares rebounded later in the day after numerous analysts called this a buying opportunity and the low trading volume an abnormal situation. Shares closed at a 4-week high.
Wells Fargo (WFC) reported earnings of $1.21 and beat estimates for $1.16. However, revenue of $20.98 billion missed estimates for $21.73 billion. The bank is currently working through a restructuring program to eliminate 10% of its workforce. It continues to be under pressure for past sins and the Fed rejected the bank's plan to prevent future abuses. The bank is operating under a Fed imposed cap on asset growth until it can produce and implement a new control structure.
Consumer and small business banking revenue fell 2% to $11.5 billion. They saw a decline in mortgage growth and the drop in small business banking was due to the sale of branches to reduce expenses. Revenue from "banking and other services" fell 7% to $514 million also due to the sale of some businesses. Wealth management revenue fell 9% to $3.9 billion. Problem loans declined 9%. The CEO made all the stock TV talk shows trying to downplay the earnings and emphasize future growth, but the share price declined slightly. WFC is still a bank in trouble and it could be several more quarters before the cloud is lifted.
UnitedHealth (UNH) reported earnings of $3.28 that beat estimates for $3.20. Revenue of $58.42 billion rose 12.28% beating estimates for $57.93 billion. Traditional insurance subscribers rose 11% and the Optum health-services unit saw revenue rise 13%. Optum revenue broke over $100 billion for the first time in 2018. Shares dipped slightly at the open before recovering to surge to a $8.81 gain.
Delta (DAL) reported earnings of $1.30 that beat estimates for $1.27. Revenue of $10.74 billion rose 5% and roughly matched analyst estimates. Revenue per passenger mile rose 3.2% and slightly above the 3.0% estimates. The company said it was likely to decline to 2.0% in Q1 because of high comps from last year and the Easter calendar shuffle. The airline will lose $25 million in January as a result of the government shutdown. They guided for Q1 earnings of 70-90 cents and below analyst estimates for 94 cents. However, for the full year they expect earnings to rise to $6-$7 because of lower fuel prices and other expenses and thanks to higher ticket prices. Shares were volatile after the report but closed flat.
After the bell, United Airlines (UAL) reported a monster quarter with earnings of $2.41 compared to estimates for $2.01 per share. Revenue rose from $9.5 to $10.5 billion (+11%) and beat estimates for $10.3 billion. Revenue per passenger mile rose 5%. Strangely, their fuel bill in a quarter of rapidly falling oil prices, rose 27%. They do expect it to decline in Q1. They guided for Q1 for earnings of $1 that topped estimates for 84 cents. Shares posted a $5 gain in afterhours.
After the bell the Snap Inc (SNAP) CFO, Tim Stone, said he was leaving the company to pursue other opportunities. There has not been a date set for his departure and he will remain until after the earnings in February. He has held the position for less than a year after being hired away from Amazon. I am sure the culture shock was too much to bear. Snap has had a steady string of executive departures over the last year. Shares fell 50 cents in afterhours.
Cannabis company Tilray (TLRY) saw its shares fall 17% as the IPO lockup expiration expired. The sell off could have been worse. Privateer Holdings owns 76% of the company and they had already said they would not sell any shares in the first half of 2019. Insiders own another 11% and they were not expected to sell. Volume today of 15.3 million shares was more than five times the average volume. There are 78 million shares outstanding.
The company also announced an agreement with Authentic Brands Group (ABG) to market and distribute cannabis products. ABG has multiple brands available. Tilray will be the preferred supplier of cannabinoids and will have rights to up to 49% of revenue from the cannabis infused products in exchange for a $100 million payment and up to $250 million in stock.
Apple (AAPL) shares rallied after a German court tossed a new patent case brought by Qualcomm in Germany. This has no impact on the earlier case that imposed a ban on certain iPhones. Many investors probably read the headline and raced into the stock. Qualcomm is going to appeal this particular case.
After the bell, Apple announced the availability of an iPhone Smart Case for the XS, XR and XS Max. These are $129 each and adds up to 20 plus hours of phone usage without charging but it does make the phone thicker. The battery cases come in black or white and also operate with a wireless charger. This is the first time Apple has offered this accessory since the model 6.
Apple reportedly replaced about 11 million iPhone batteries during the length of its battery replacement program. Cook initially expected to replace only 1-2 million. The replacement offer cost $29 and came after it was learned that Apple was turning down phones to a lower performance level as batteries aged. This slower performance led users to upgrade more often. In Apple's recent earnings warning Tim Cook said the extra expense of the battery replacement would drag on earnings in Q4 as users raced to get new batteries before the December 31st expiration date.
Walmart (WMT) is likely to leave the CVS family because of an ongoing pricing dispute. Walmart has 4,600 locations with CVS pharmacies. Anyone with a CVS-administered drug benefits program like Medicaid enrollees with CVS drug coverage will not be eligible for discounts at Walmart. The company said they were disappointed CVS chose not to resolve the ongoing dispute in a way that would be beneficial to both our customers. CVS said Walmart accounts for only 5% of the volume in the CVS system and the change would not impact CVS results. The challenge is that Walmart wants to pass the drug savings on to the consumer rather than pay it out to a middleman in the network. The split will not occur until April 30th. Walmart said it was still trying to come up with a satisfactory solution. Walmart shares rose $1.30 and CVS shares declined $1.60.
This was a good day. Bad news was bought, and short-term resistance was broken. That is a recipe for continued gains. The S&P closed well above resistance at 2,600 and should now be targeting the 50-day at 2,631 and the 10% correction level at 2,637. On the way down that 10% level provided multiple rebounds and now we get to face that same level as resistance on the way back up.
Tech stocks helped UnitedHealth lift the Dow and it was a good day. The index closed well over round number resistance at 24,000 and is now targeting the 10% correction level at 24,145. After that we will be in the midst of some heavy congestive resistance from the volatility in November that begins at 24,275. This is not going to be an easy rally. With many Dow components to report over the next two weeks there will be volatility from earnings misses.
The FAANG stocks were market drivers on the Nasdaq thanks to Netflix leading them higher. Even Facebook added $3.50 but could not hold a candle to the top four in this list. Those were some monster gains powering the index higher.
The Nasdaq closed over the 50-day at 6,997 and the round number resistance at 7,000. The next hurdle is 7,300 and downtrend resistance followed by the 100/200-day averages. The tech sector should continue to lead. Investors love to buy techs stocks in a market rally because it has worked for them so many times before. The correction level resistance is only 2 points below 7,300 making that level very important.
The Russell recovered all by 2 points of Monday's decline, but it cannot seem to push through the Fib resistance and 50-day around 1,446. We need the Russell to snap out of its funk and lead the markets higher.
I believe the markets are going higher, but it may be a rocky road. The earnings are turning into mix of good and bad and hopefully we will get more good and less bad. The challenge is that one bad apple can spoil a lot of good ones. I would continue to buy the dip since that is what is working. We have seen morning dips the last four days with higher levels in the afternoon. This is a critical week for market sentiment leading into the tech reports next week.
The three-day pause appears to be over after markets rallied despite bad news. The challenge here is the multitude of watched pots that could boil over with negative headlines at any time. Hopefully earnings will continue to be the focus and the economic, trade and political issues will be ignored. Another positive day on Wednesday could set the stage for a new leg higher.


Grab a piece of paper and a pen; take five, ten, heck even twenty minutes and ask yourself "how has my life changed in the last year?" Jot down your memories and just live in the moment. Take those memories and put them someplace you can come back and look at later. Along the way, ask yourself are you happy with your last year? Would you do anything different?
For some of you, I think you'll realize that your past year was truly amazing, but you never actually realized it because life all too often gets the best of us. For others, you may have too many regrets that surfaced while thinking about your year. Some of you made new friends, went on new adventures and experienced life to its fullest. Maybe you lost a loved one, dealt with loneliness and experience moments of utter distress. If you're lucky enough you've experience it all! In the end, you had a year of your life and it went on. Everything that's happened is probably just a distant memory that you haven't had time to soak up recently.
You're probably wondering what has prompted such a thought. It would be words of wisdom from my amazing husband. If there's one thing I love (and hate) about him, it's his ability to put life into perspective for me. After being gone for a long weekend I came home and we started having a heart to heart. This caused us to start talking about how much our life has changed in the past year. We laughed, I cried, but in the end so much has truly happened to us. Yes, we had a baby, but it's the little things that you forget about. We lost a dog, painted our house, refinanced, bought another investment, had health scares from family members, went on vacation (mostly me), spent time apart, and so much more. The two of us are happier than we've ever been, but we know that there is so much more we can work on in our personal lives, our relationship and life in general. We decided to makes goals for ourselves. To work harder at these things and see if it's truly possibly to have pure happiness. Obviously pure happiness only occurs in a world of peace and love, but there are those people who are so optimistic it's sickening. Coming from a severe pessimist married to a severe optimist, we tend to even one another out. For his goal, he decided to dedicate more time to home. You start and end your day at home so why not enjoy the little time in between with the people that make you smile the most. This isn't saying that my husband is never home, but he juggles a lot of hats at one time. He'd like to drop a few of those hats and spend more time with the ones that mean that most to him. For me, I decided to rid myself of bitchy face syndrome, do more good and stop focusing on the negatives in life.
Hopefully you laughed at my need to rid the bitchy face syndrome, but it's not purposely done. It's just there. Bitchyness just comes across my face even when I'm content. Mostly unintentional, but sometimes well deserved. Hubby reminded me that I used to be the most optimistic person he'd ever met, I reminded him I was burned too many times along the way. Somewhere in there I gained bitchy face syndrome. Apparently this syndrome makes me difficult to approach and hard to talk too (maybe I like it that way!!) Truly though I need to work better at not dwelling on the little things and being thankful for the here and now.
There are many things to be thankful for in my life. First off, there's this little boy who makes my heart smile more than I ever thought possible. Then there's this man who lights up my world and makes everything better. The people I surround myself with, an amazing circle of family, my new mommy friends, old friends and the love/friendship that they all give.
In three weeks our life is going to go up in a tailspin. There won't be time to sit and reflect on where life has taken us and where we're going. Heck, I probably won't even know what day it is, but as each day passes I'm finding it more important to just sit and reflect. Be thankful. Shed a tear. Laugh to yourself. The moments pass to fast, life gets a hold of us and before you know it your newborn is six months old!
Do yourself a favor…reflect. Find time for yourself everyday. Be happy. Smile and just breathe!!


How would you like to join Andrew on an adventure to photograph some of the world's most beautiful animals in some of the planet's most amazing locations?
Andrew will be leading a number of wildlife photographic tours and safaris throughout 2019 and 2020 in partnership with Wild Images, experts in wildlife, landscape and remote area cultural and people photography tours, photography holidays, photo safaris and expeditions.
The tours are tailored for all abilities, whether you're an experienced photographer or just starting out. And, Andrew will be constantly on hand throughout each trip to provide you with guidance and support as and when required. Andrew is a skilled coach and leader and he's committed to making sure you return home with images that you will be really pleased with and that you leave a more accomplished wildlife photographer than when you first arrived.
A wildlife photo safari held in the dry season in search of Tigers, Sloth Bears, Asiatic Wild Dogs and more. Spending time in several locations in Central India including the National Chambal Sanctuary, Little Rann of Kutch and ending up in the beautiful Tadoba Andhari Tiger Reserve. Maximum of 6 group members in two jeeps. Hosted by Andrew Sproule.
A wildlife photo safari to Yala National Park in Sri Lanka, home to the highest density population of Leopards in the world and Minneriya National Park for Asian Elephants Maximum of 8 group members in jeeps. Option to extend to Sinharaja Forest harbouring some of Sri Lanka's most spectacular bird species. Hosted by Andrew Sproule.
To ensure the financial protection of booking through a registered tour operator, payments for photo tours are made directly with Wild Images.


Just upgraded your old Apple computer and the old one just taking up space? Cash for Electronic Scrap USA recycles and sells all old Apple products including MacBook Pro, MacBook Air, Mac Pro, iMac, iPad, Mac Mini computers, iPhones, apple keyboards and mouses, and fire lighting cables. With Apple constantly upgrading its technology, which seems like every year, consumers have a plethora of used apple computers laying around. We provide customers with all the tools they need to safely recycle or sell their old macs or other apple products. At Cash for Electronic Scrap USA, consumers have the opportunity to get monetary payments for all their old apple products. All our services come with transparent tracking and recycling certificates to enable our customers to stay on top of the process every step of the way.
With Apple products holding a large sum of value for long periods of time, customers are guaranteed generous cash pay outs whenever they look to sell their old mac computers or Ipads. No matter how old, how new, or what condition your old apple product is in, we have a recycling service for you. Don't let those old computers just past the time rusting away! Earn money now and call Cash for Electronic Scrap USA to get the process started of selling your used apple computers!


Size: 23'' x 36'' Approx. 100% GENUINE, VINTAGE, HEAD SHOP POSTER! This poster is in Very Good - Excellent Condition. Minimal edge wear but it remains in fantastic shape. It was never hung up or on display. Please see all of the photos provided for greater detail, and feel free to ask if you would like more. All posters have been preserved in a large tuppaware bin, kept of of sunlight for all these years. They were only opened for photographs, and are still tucked away in the same storage closet. Again, I would like to assure you that this poster is a Guaranteed Authentic Item. It is not a reprint. Please, if you have any questions or concerns about this item, do not hesitate to contact me. All questions will be answered within 24 hours from when it was sent. I would like to make this as seamless and as pleasurable as possible so please feel free to ask questions or send your suggestions.
I will accept a return on this item or any item, but they will not be processed any later from 7 days of its arrival to you. Please notify me immediately, if there is an issue with your order. The item "King Tut Vintage Blacklight Poster Psychedelic Pin-up 1970's Tutankhamen Egypt" is in sale since Wednesday, January 31, 2018. This item is in the category "Art\Art Posters".


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Бундал (; ) — небольшой остров в Пакистане, расположен в Аравийском море.

Экономическое развитие
В 2006 году Пакистан дал добро фирме «Emaar Properties» на вложение 43 млрд долларов США в развитие курортов на двух островах (расположенных недалеко от Карачи).

Emaar Properties, одна из крупнейших фирм в Объединённых Арабских Эмиратах, будет иметь долю в 85 % в 13-летнем проекте по развитию инфраструктуры островов Бундал и Буддо. Компания планирует построить на этих островах квартиры, офисы, гостиницы и тематические парки.

Пакистанский порт Касим получит оставшиеся 15 % акций.

Ссылки
 Pakistan agrees $43bn development

Острова Аравийского моря
Острова Пакистана


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City Office REIT Reports Third Quarter 2019 Results
Company Release - 11/1/2019 6:00 AM ET
VANCOUVER--(BUSINESS WIRE)-- City Office REIT, Inc. (NYSE: CIO) (the "Company" or "City Office") today announced its results for the quarter ended September 30, 2019.
Third Quarter Highlights
GAAP net loss attributable to common stockholders was approximately $3.0 million, or ($0.07) per fully diluted share;
Core FFO was approximately $12.4 million, or $0.29 per fully diluted share;
AFFO was approximately $9.3 million, or $0.22 per fully diluted share;
Same Store Cash NOI increased 5.8% as compared to the third quarter of 2018;
In-place occupancy closed the quarter at 91.2%, or 93.1% including signed leases that commence after quarter end;
Executed approximately 144,000 square feet of new and renewal leases during the quarter;
Acquired a 191,000 square foot property in Denver, Colorado for $48.8 million ("7601 Tech");
Issued 8,000,000 shares of common stock pursuant to the Company's at-the-market ("ATM") program at an average price of $13.32 per share for aggregate gross proceeds of approximately $106.5 million;
Modified loan agreements at four of the Company's properties, generating interest rate savings;
Upsized the Company's unsecured credit facility (the "Unsecured Credit Facility") from $250 million to $300 million by issuing a new tranche of term loan commitments in the principal amount of $50 million (the "Term Loan");
Declared a third quarter dividend of $0.235 per share of common stock, paid on October 25, 2019; and
Declared a third quarter dividend of $0.4140625 per share of Series A Preferred Stock, paid on October 25, 2019.
Highlights Subsequent to Quarter End
Issued 6,900,000 shares of common stock in a public follow-on offering for aggregate gross proceeds of approximately $95.6 million.
"The events of the quarter and subsequent to quarter end have been highly impactful for City Office. With the recent common stock offerings, we have positioned ourselves with significant capital to fund our pipeline and continue our growth in thriving 18-hour cities," commented James Farrar, the Company's Chief Executive Officer.
"In combination with the ATM and equity offering, the various debt-related transactions enhanced our balance sheet and continued our pattern of locking in long-term, fixed-rate debt at attractive rates. Our focus into the end of the year is to continue the strong operating trends at our properties and to prudently deploy our growth capital."
A reconciliation of certain non-GAAP financial measures, including FFO, Core FFO, AFFO, NOI, Same Store NOI, Same Store Cash NOI and Adjusted Cash NOI, to the most directly comparable financial measure under U.S. generally accepted accounting principles ("GAAP") can be found at the end of this release.
The Company reported that its total portfolio as of September 30, 2019 contained 5.9 million net rentable square feet and was 91.2% occupied, or 93.1% including signed leases that commence after quarter end.
City Office's NOI was approximately $24.6 million, or approximately $24.1 million on an adjusted cash basis, during the third quarter of 2019.
Same Store Cash NOI increased 5.8% for the three months ended September 30, 2019 as compared to the same period in the prior year. Same Store Cash NOI increased 4.5% for the nine months ended September 30, 2019 as compared to the same period in the prior year.
Investment and Disposition Activity
During the quarter, the Company completed the acquisition of 7601 Tech, a six-story office building comprised of approximately 191,000 square feet located in Denver, Colorado. The purchase price was $48.8 million, exclusive of closing costs, and the acquisition is anticipated to generate an initial full-year net operating income yield of approximately 7.1%. The property was 95% leased at closing with a weighted average lease term remaining of 7.5 years, when giving effect to committed leases that commence after quarter end. The tenancy is anchored by an investment grade corporate tenant and a large public company. 7601 Tech is a Class A building built in 1997 with high-end finishes, large flexible floorplates and unobstructed views. The Company has integrated 7601 Tech with another property in the Company's portfolio located directly adjacent thereto, 7595 Tech (formerly "DTC Crossroads"), to create a 380,000 square foot campus with shared amenities and leasing flexibility.
The Company remains engaged in a sale process for its Logan Tower property in Denver, Colorado. The sale remains subject to an agreement on sale terms and no assurances can be made as to the terms or timing of the sale, if any.
The Company has also entered into an agreement for the sale of a land parcel at its Circle Point property in Denver, Colorado at a sale price of $6.5 million, exclusive of closing costs. The disposition is anticipated to close in the first quarter of 2020.
The Company's total leasing activity during the third quarter of 2019 was approximately 144,000 square feet, which included 43,000 square feet of new leasing and 101,000 square feet of renewals. Approximately 140,000 square feet of leases signed within the quarter will commence subsequent to quarter end.
New Leasing – New leases were signed with a weighted average lease term of 3.8 years at a weighted average annual rent of $27.34 per square foot and at a weighted average cost of $7.61 per square foot per year. Notably, the Company executed a new, approximately 30,000 SF lease at its 7595 Tech property.
Renewal Leasing – Renewal leases were signed with a weighted average lease term of 6.4 years at a weighted average annual rent of $32.90 per square foot and at a weighted average cost of $5.04 per square foot per year.
In September 2019, the Company executed a third amendment to the Unsecured Credit Facility. The amendment increases the commitment under that facility from $250 million to $300 million by issuing a new tranche of term loan commitments in the principal amount of $50 million. The five-year Term Loan matures in September 2024 and bears interest at a rate of LIBOR plus a spread of 1.25% to 2.15%, depending on our consolidated leverage ratio.
In conjunction with the Term Loan, the Company also entered a pay-fixed receive-variable interest rate swap with a notional amount of $50 million, effectively fixing the LIBOR component of the Term Loan at approximately 1.27% for a five-year term.
As of September 30, 2019, the Company had total principal outstanding debt of approximately $657.1 million. Approximately $563.7 million or 85.8% of the Company's outstanding debt was fixed rate. When factoring in the $50 million term loan as fixed rate debt due to the interest swap, which effectively fixes the 30-day LIBOR rate, approximately 93.4% of our debt was effectively fixed rate at September 30, 2019. Our total principal outstanding debt had a weighted average maturity of approximately 5.6 years and a weighted average interest rate of 3.99%.
During the quarter, the Company issued 8,000,000 shares of its common stock through its ATM program at an average price of $13.32 per share for aggregate gross proceeds of approximately $106.5 million.
Subsequent to quarter end, the Company issued 6,900,000 shares of its common stock, including the full exercise of the underwriters' overallotment option, in a public follow-on offering for aggregate gross proceeds of approximately $95.6 million.
In August 2019, the $17.1 million loan secured by the Company's Carillon Point property in Tampa, Florida was modified to, among other terms, reduce the interest rate on the loan from 3.50% to 3.10%.
In August 2019, the $30.9 million loan secured by the Company's FRP Collection property in Orlando, Florida was modified to, among other terms, reduce the interest rate on the loan from 3.85% to 3.10%.
In August 2019, the $22.4 million loan secured by the Company's Greenwood Blvd property in Orlando, Florida was modified to, among other terms, reduce the interest rate on the loan from 4.60% to 3.15%.
In September 2019, the $18.0 million loan secured by the Company's Central Fairwinds property in Orlando, Florida was modified to, among other terms, reduce the interest rate on the loan from 4.00% to 3.15%.
On September 16, 2019, the Company's board of directors approved and the Company declared a cash dividend of $0.235 per share of the Company's common stock for the three months ended September 30, 2019. The dividend was paid on October 25, 2019 to common stockholders and unitholders of record as of October 11, 2019.
On September 16, 2019, the Company's board of directors approved and the Company declared a cash dividend of $0.4140625 per share of the Company's 6.625% Series A Preferred Stock. The dividend was paid on October 25, 2019 to preferred stockholders of record as of October 11, 2019.
Revised 2019 Outlook
The Company is updating its full year 2019 guidance based on year-to-date performance, issuance of common stock during and subsequent to quarter end, timing of completed acquisitions and dispositions and its expectations for the remainder of the year. Lower Core FFO guidance is the result of share issuances in the third quarter and subsequent to quarter end.
Full Year 2019 Guidance
Net Property Acquisitions
Net Operating Income
General & Administrative Expenses
2019 Core FFO per diluted share
Net Recurring Straight-Line Rent Adjustment
Same Store Cash NOI Change
December 31, 2019 Occupancy
This revised outlook reflects management's view of current and future market conditions, including assumptions on future acquisitions and dispositions, rental rates, occupancy levels, operating and general administrative expenses, weighted average diluted shares outstanding and interest rates.
Material Considerations:
The General and Administrative Expenses guidance includes approximately $1.7 million for stock-based compensation. Our Core FFO definition excludes stock-based compensation. Excluding stock-based compensation, General and Administrative Expenses guidance would have been $9.3 – $9.9 million.
Annual weighted average fully diluted shares of common stock outstanding are assumed to be approximately 44.4 million for the purpose of the full year 2019 guidance.
No future capital offerings or share repurchases have been assumed.
Webcast and Conference Call Details
City Office's management will hold a conference call at 11:00 am Eastern Time on November 1, 2019.
The webcast will be available under the "Investor Relations" section of the Company's website at www.cityofficereit.com. The conference call can be accessed by dialing 1-866-262-0919 for domestic callers and 1-412-902-4106 for international callers.
A replay of the call will be available later in the day on November 1, 2019, continuing through 11:59 pm Eastern Time on February 1, 2020 and can be accessed by dialing 1-877-344-7529 for domestic callers and 1-412-317-0088 for international callers. The passcode for the replay is 10135596. A replay will also be available for twelve months following the call at "Webcasts & Events" in the "Investor Relations" section of the Company's website.
A supplemental financial information package to accompany the discussion of the results will be posted on www.cityofficereit.com under the "Investor Relations" section.
Funds from Operations ("FFO") – The National Association of Real Estate Investment Trusts ("NAREIT") states FFO should represent net income or loss (computed in accordance with GAAP) plus real estate related depreciation and amortization (excluding amortization of deferred financing costs) and after adjustments of unconsolidated partnerships and joint ventures, gains or losses on the sale of property and impairments to real estate.
The Company uses FFO as a supplemental performance measure because the Company believes that FFO is beneficial to investors as a starting point in measuring the Company's operational performance. We also believe that, as a widely recognized measure of the performance of REITs, FFO will be used by investors as a basis to compare the Company's operating performance with that of other REITs.
However, because FFO excludes depreciation and amortization and captures neither the changes in the value of the Company's properties that result from use or market conditions nor the level of capital expenditures and leasing commissions necessary to maintain the operating performance of the Company's properties, all of which have real economic effects and could materially impact the Company's results from operations, the utility of FFO as a measure of the Company's performance is limited. In addition, other equity REITs may not calculate FFO in accordance with the NAREIT definition as the Company does, and, accordingly, the Company's FFO may not be comparable to such other REITs' FFO. Accordingly, FFO should be considered only as a supplement to net income as a measure of the Company's performance.
Core Funds from Operations ("Core FFO") – We calculate Core FFO by using FFO as defined by NAREIT and adjusting for certain other non-core items. We also exclude from our Core FFO calculation acquisition costs, loss on early extinguishment of debt, changes in the fair value of the earn-out, changes in fair value of contingent consideration and the amortization of stock based compensation.
We believe Core FFO provides a useful metric in comparing operations between reporting periods and in assessing the sustainability of our ongoing operating performance. Other equity REITs may calculate Core FFO differently or not at all, and, accordingly, the Company's Core FFO may not be comparable to such other REITs' Core FFO.
Adjusted Funds from Operations ("AFFO") – We compute AFFO by adding to Core FFO the non-cash amortization of deferred financing fees and non-real estate depreciation and then subtracting cash paid for recurring tenant improvements, leasing commissions, and capital expenditures, and eliminating the net effect of straight-line rent / expense, deferred market rent and debt fair value amortization. Recurring capital expenditures exclude development / redevelopment activities, capital expenditures planned at acquisition and costs to reposition a property. We exclude first generation leasing costs within the first two years of our initial public offering or acquisition, which are generally to fill vacant space in properties we acquire or were planned at acquisition. We have further excluded all costs associated with tenant improvements, leasing commissions and capital expenditures which were funded by the entity contributing the properties at closing.
Along with FFO and Core FFO, we believe AFFO provides investors with appropriate supplemental information to evaluate the ongoing operations of the Company. Other equity REITs may calculate AFFO differently, and, accordingly, the Company's AFFO may not be comparable to such other REITs' AFFO.
Net Operating Income ("NOI"), Adjusted Cash NOI – We define NOI as rental and other revenues less property operating expenses. We define Adjusted Cash NOI as NOI less the effect of recurring straight-line rent / expense, deferred market rent, and any amounts which are funded by the selling entities.
We consider NOI and Adjusted Cash NOI to be appropriate supplemental performance measures to net income because we believe they provide information useful in understanding the core operations and operating performance of our portfolio.
Same Store Net Operating Income ("Same Store NOI") and Same Store Cash Net Operating Income ("Same Store Cash NOI") – Same Store NOI and Same Store Cash NOI is calculated as the NOI attributable to the properties continuously owned and operated for the entirety of the reporting periods presented. The Company's definition of Same Store NOI and Same Store Cash NOI excludes properties that were not stabilized during both of the applicable reporting periods. These exclusions may include, but are not limited to, acquisitions, dispositions and properties undergoing repositioning or significant renovations.
We believe Same Store NOI and Same Store Cash NOI is an important measure of comparison because it allows for comparison of operating results of stabilized properties owned and operated for the entirety of both applicable periods and therefore eliminates variations caused by acquisitions, dispositions or repositionings during such periods. Other REITs may calculate Same Store NOI and Same Store Cash NOI differently and our calculation should not be compared to that of other REITs.
This press release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain statements contained in this press release, including those that express a belief, expectation or intention, as well as those that are not statements of historical fact, are forward-looking statements within the meaning of the federal securities laws and as such are based upon the Company's current beliefs as to the outcome and timing of future events. There can be no assurance that actual forward-looking statements, including projected capital resources, projected profitability and portfolio performance, estimates or developments affecting the Company will be those anticipated by the Company. Examples of forward-looking statements include those pertaining to expectations regarding our financial performance, including under metrics such as NOI and FFO, market rental rates, national or local economic growth, estimated replacement costs of our properties, the Company's expectations regarding tenant occupancy, re-leasing periods, projected capital improvements, expected sources of financing, expectations as to the likelihood and timing of closing of acquisitions, dispositions, or other transactions, the expected operating performance of the Company's current properties and anticipated near-term acquisitions and descriptions relating to these expectations, including, without limitation, the anticipated net operating income yield and cap rates. Forward-looking statements presented in this press release are based on management's beliefs and assumptions made by, and information currently available to, management.
Forward-looking statements are generally identifiable by use of forward-looking terminology such as "may," "will," "should," "potential," "intend," "expect," "seek," "anticipate," "estimate," "believe," "could," "project," "predict," "hypothetical," "continue," "future" or other similar words or expressions. All forward-looking statements included in this press release are based upon information available to the Company on the date hereof and the Company is under no duty to update any of the forward-looking statements after the date of this press release to conform these statements to actual results. The forward-looking statements involve a number of significant risks and uncertainties. Factors that could have a material adverse effect on the Company's operations and future prospects are set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and subsequent reports filed from time to time with the U.S. Securities and Exchange Commission, including the sections entitled "Risk Factors" contained therein. The factors set forth in the Risk Factors section and otherwise described in the Company's filings with SEC could cause the Company's actual results to differ significantly from those contained in any forward-looking statement contained in this press release. The Company does not guarantee that the assumptions underlying such forward-looking statements are free from errors. Unless otherwise stated, historical financial information and per share and other data are as of September 30, 2019 or relate to the quarter ended September 30, 2019.
Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, the Company's business, financial condition, liquidity, cash flows and results could differ materially from those expressed in any forward-looking statement. While forward-looking statements reflect our good faith beliefs, they are not guarantees of future performance. Any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise over time, and it is not possible for us to predict the occurrence of those matters or the manner in which they may affect us. We disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Use caution in relying on past forward-looking statements, which were based on results and trends at the time they were made, to anticipate future results or trends.
(In thousands, except par value and share data)
Building and improvement
Furniture, fixtures and equipment
Restricted cash
Rents receivable, net
Deferred leasing costs, net
Acquired lease intangible assets, net
Assets held for sale
Liabilities and Equity
Liabilities:
Accounts payable and accrued liabilities
Tenant rent deposits
Acquired lease intangible liabilities, net
Liabilities related to assets held for sale
Equity:
6.625% Series A Preferred stock, $0.01 par value per share, 5,600,000
shares authorized, 4,480,000 issued and outstanding
Common stock, $0.01 par value, 100,000,000 shares authorized, 47,647,063
and 39,544,073 shares issued and outstanding
Non-controlling interests in properties
Total Liabilities and Equity
(In thousands, except per share data)
Nine Months Ended
Rental and other revenues
Property operating expenses
Interest expense:
Contractual interest expense
Amortization of deferred financing costs and debt fair value
Net gain on sale of real estate property
Net (loss)/income
Less:
Net income attributable to non-controlling interests in properties
Net (loss)/income attributable to the Company
Preferred stock distributions
Net (loss)/income attributable to common stockholders
Net (loss)/income per common share:
Weighted average common shares outstanding:
Dividend distributions declared per common share
Reconciliation of Net Income to Net Operating Income and Adjusted Cash NOI
Adjustments to net loss:
Net Operating Income ("NOI")
Net recurring straight line rent/expense adjustment
Net amortization of above and below market leases
Portfolio Adjusted Cash NOI
NCI in properties - share in cash NOI
Adjusted Cash NOI (CIO share)
Reconciliation of Net Income to FFO, Core FFO and AFFO
Net loss attributable to common stockholders
(+) Depreciation and amortization
Non-controlling interests in properties:
(+) Share of net income
(-) Share of FFO
FFO attributable to common stockholders
(+) Stock based compensation
Core FFO attributable to common stockholders
(+) Net recurring straight line rent/expense adjustment
(+) Net amortization of above and below market leases
(+) Net amortization of deferred financing costs and debt fair value
(-) Net recurring tenant improvement and incentives
(-) Net recurring leasing commissions
(-) Net recurring capital expenditures
AFFO attributable to common stockholders
Core FFO per common share
AFFO per common share
Dividends per common share
Core FFO Payout Ratio
AFFO Payout Ratio
Weighted average common shares outstanding - diluted
Reconciliation of Rental and Other Revenues to Same Store NOI and Same Store Cash NOI
Less: NOI of properties not included in same store
Same store NOI
Termination fee income
Straight line rent/expense adjustment
Above and below market leases
NCI in properties - cash NOI
Same store cash NOI
Reconciliation of Net Income to Core FFO Guidance
Full year 2019 Outlook
(-) Net gain on sale of real estate property
(-) Non-controlling interests in properties
Weighted average shares of common stock


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What do you do when your teacher is on tour?
October 6, 2018, 9:37 PM · I'm taking lessons from an excellent teacher. She is also an excellent musician, and in that role she goes on tours throughout the United States, Europe and Australia. Hence she can be gone for up to five weeks. Now, while she is on tour she gives lessons via FaceTime or Skype, and that works well. This time, however, she will be too busy for those lessons. So my question is this - Have you experienced this type of situation, and what do you do while your teacher is gone? For my part, I plan performances. I go over what I know, and work to polish it for a performance. Then I do the show. This gives me a focus and a direction. While this works for me, I'm curious about what others do when their teacher isn't around for a few weeks. Thanks.
Edited: October 6, 2018, 10:05 PM · I use those times to work with a pianist. Luckily my teacher's Mom is a wonderful pianist so we can organize some really useful time together. This helps to keep the routine alive and develop musically with a slightly different experience.
October 6, 2018, 11:48 PM · Luckily, when my son's teach is out of town, his wife who is also a very good violinist teaches my son.
October 6, 2018, 11:50 PM · When I leave town for an extended period, I arrange with an in-town colleague to be available to give lessons to my students. I also offer Facetime lessons for those who prefer but I strongly recommend the in-person lessons with my colleague.
Edited: October 7, 2018, 8:56 PM · I think Mary Ellen's solution is wonderful. Those kinds of arrangements are the best when they can be reciprocal, but it's not necessary.
Edited: October 8, 2018, 1:00 AM · When my teacher went away for a while she would just assign a larger amount of material and I would be on my own. I don't remember any damage or anxiety from this. I have to say that it was long before long distance lessons became possible.
At some point in your life you'll live without violin lessons and manage on your own. The three week absence of a teacher is a little foretaste of such a life.
Edit: I should add that a teacher who is often absent is not a good choice for beginners.


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Opening date announced for new Co-op store in Torquay
The supermarket will open ahead of the rest of the Torwood Street development
Colleen SmithDevon Live Chief Reporter
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Co-op supermarket has confirmed that it's new Torquay store will open in Torwood Street on Friday December 4 - even though the rest of the £35m development will not now be completed until early in 2021.
The 2,500 sq ft store is located in one of four units beneath the seven storey Hampton by Hilton hotel and office block
The food chain is investing £615,000 in fitting out the store which will create 14 local jobs in the long awaited development.
The new Co-op store will have a "great look and feel" a spokesman said: "The store will run on 100 per cent renewable electricity, and include: a bakery, hot food and Costa coffee express alongside a focus on fresh, healthy produce, award winning wines, ready meals and pizzas, free-from and vegan products, Fairtrade, food-to-go and, everyday essentials."
Neil Forbes, Co-op Area Manager, said: "We are delighted to have the opportunity to make such a significant investment in Torquay. The store will have a great look and feel, and we are working to develop the range, choice, products and services locally that will create a really compelling offer to serve the community, conveniently.
"We are pleased to form part of such an exciting new development, and we are looking forward to opening and, serving the community, from our newest store.
Giant palm outside new Hampton Hilton hotel in Torwood Street, Torquay
"We are committed to connecting communities and making a difference locally, and to operating at the heart of local life.
"That is why we also want customers to know that they can become a Member of their Co-op, and that they can make a difference to local causes every time they swipe their Membership card when buying own branded products."
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The Torwood Street development has risen up out of an area which has been a blot on the landscape near the harbour ever since a huge blaze in 1976.
The fire destroyed a giant furniture warehouse and left a gaping chasm between Torwood Street and The Terrace above.
Opening of Torquay's new £35m shops and hotel complex delayed until 2021
First look inside Torquay's stunning new £32m hotel development
For decades the eyesore hole in the ground behind the shops was used as a car park. More than ten years ago the THAT group began its fight for planning permission with a vision of creating a mixed development including a luxury hotel, shops, offices, bars and restaurants.


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Ben Criddle
Contact ESPN 960
Cougars pull away from Bengals behind strong second half
By ESPN 960
BYU hosted the Idaho State Bengals winning 84-58.
PROVO – Back at the Marriott Center after dropping a heartbreaker to Illinois, the Cougars added another tally to the win column by running past the visiting Idaho State Bengals 84-58. The Cougars were led by the front court duo of Eric Mika and Yoeli Childs who each recorded a double-double and combined for 32 points and 26 rebounds.
"What that shows is that we have guys who understand that the ball needs to go in there. We want to play inside out," said BYU Head Coach Dave Rose. "Our percentage is so much better that way. Throwing the ball inside to start the game was a pretty good formula."
A strong defensive effort helped the Cougars hold Idaho State to 58 points – the lowest scoring total BYU has held an opponent this season – and under 34% shooting from the field.
BYU used that defensive momentum to outscore Idaho State 45-27 in the second half and led to an impressive offensive output where they shot 63%.
"We just played as hard as we could on every possession. That's what great teams do. We figured things out in the second half and kept playing hard," said Yoeli Childs. "That defensive mentality of playing hard on every possession is important for us. When we lose, it's because we're trying to outscore teams."
TJ Haws and LJ Rose shared time running the point and helped facilitate 26 points and 10 assists creating a spark for the Cougar offense.
The Cougars next play at home on Thursday against Cal State Bakersfield.
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Best of BYU Football 2016
Should BYU not attach itself to a bowl game in 2017?


REJUVENATED Atlanta Falcons tamed free-scoring Los Angeles Rams on Wild Card Saturday.
Matt Ryan and Co sneaked into the play-offs in week 17 after struggling an early-season hangover from their sickening Super Bowl extra time loss the the New England Patriots in Houston final February.
However they used all their publish-season expertise to train the Rams' young guns a harsh lesson on the Coliseum.
Ryan handed for 218 yards and hit Julio Jones for an eight-yard landing within the fourth quarter to clinch it.
Nevertheless it was a stellar show by the defence – and some massive performs on particular groups – that earned the snug 26-thirteen victory for the defending NFC champions.
The Rams have been the highest-scoring group within the common season, averaging over 29 factors a recreation.
However, led by sophomore quarterback Jared Goff, they seemed shaky at occasions of their first playoff recreation since 2005.
Goff obtained off to a sluggish begin, and Pharoh Cooper and Blake Countess misplaced fumbles on kick returns to assist the Falcons take an early thirteen-zero lead, by way of Devonta Freeman's three-yard run.
The Rams discovered some rhythm on the finish of the first half when Goff discovered Cooper Kupp for a 35-yr landing, and a Sam Ficken subject aim minimize the deficit to three.
However Atlanta opened the second half with two time-consuming drives that resulted in Bryant subject objectives, together with a fifty four-yarder, to take a 19-10 lead into the fourth quarter.
These drives sapped the power out of the Ram defence, and Ryan discovered Jones on the finish of an eight-play, eighty three-yard drive to make it 26-thirteen with 5.38 remaining.
Jones had 9 catches for ninety four yards. Goff led the Rams again down the sector however couldn't full the drive and all hopes was misplaced once they turned the ball over on downs on the Atlanta 5-yard line.
Ryan stated: "This recreation was sort of the best way our season was, we had to grind it out.
Atlanta with now face Philadelphia Eagles for a spot within the convention ultimate.
And, with Carson Wentz dominated out for the NFC East champions, Ryan and Co will probably be ever extra assured of a shot of Super Bowl redemption in Minnesota subsequent month.


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The Eastside Wastewater Treatment Plant was upgraded in 2004 from a 16 million gallons per day (mgd) Activated Sludge Treatment Facility to a 26mgd 5 Stage Biological Nutrient Removal Facility. The upgrade included a complete Plant expansion in order to meet new effluent standards for total nitrogen and phosphorus removal. As the flow comes into the Plant, it will go through many treatment processes before exiting as treated effluent to the new Randleman Reservoir.
Primary clarification includes 5 primary clarifiers which remove solids, grease and some BOD (Biochemical Oxygen Demand).
Final clarification or settling consists of 4 final clarifiers and 6 return sludge pumps. As the flow leaves the 5 stage BNR process it contains solids and microorganisms which will settle when it reaches the final clarifiers. Some of these biological solids will then be pumped back to the front of the 5 stage BNR process to keep the organisms in the system. A small amount will be pumped to the solids treatment process for disposal. The flow leaving the final clarifiers flows by gravity to final filtration. The flow is routed through 6 filters to remove the small amount of solids that still remain.
Ultraviolet Disinfecting consists of three UV channels. Each channel has 2 banks of 42 ultraviolet lamps. The light from these lamps disinfects the flow as it leaves the Plant and is pumped approximately 1.5 miles downstream to the Randleman Reservoir.