BASF dividend back on track

first_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com BASF dividend back on track Thursday 24 February 2011 8:15 pm GERMANY’S BASF returned to form with an improved dividend payout for 2010, although fourth-quarter earnings at the world’s biggest chemicals company by sales fell short of forecasts.BASF cut its 2009 dividend for the first time in 16 years after the global economic crisis forced it to leave many plants idle.It has since been helped by a buoyant auto sector and a fledgling recovery in demand from builders for its insulation foams, allowing it to pass on higher material costs to customers.BASF said yesterday that sales and operating earnings in 2011 are set to clearly exceed last year’s levels, and gains should also continue next year.The maker of coatings and catalytic converters proposed an annual dividend of €2.20 (£1.19) per share, up from €1.70 last year and ahead of an average analyst estimate of €2.14.After incurring roughly €1bn in integration costs for Ciba, the plastics and paper chemicals maker it acquired in 2009, BASF is now reaping the full benefits from cost cuts that followed the tie-up.Fourth-quarter sales came in at €16.42bn, above the €15.69bn expected by analysts, as higher raw materials costs were largely passed on to customers. Share KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodaySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comcenter_img whatsapp Show Comments ▼ whatsapp Tags: NULLlast_img read more

Nokia starts talks with Finnish staff over revamp

first_imgTuesday 8 March 2011 8:57 am Show Comments ▼ Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrap Nokia starts talks with Finnish staff over revamp Nokia, the world’s top cellphone maker, said it will start talks with Finnish employees over the company’s new strategy.Nokia last month announced a strategy overhaul, dumping its own software platforms and saying it would start to use Microsoft’s Windows Phone.Shares in Nokia, the national champion in Finland, have dropped more than 20 per cent since. Nokia said topics to be discussed include the planned changes in organisation and work arrangements, but not potential job cuts. Unions fear the changes could cost more than 5,000 jobs in Finland.“Possible personnel reductions are not part of the consultation process at this stage, as we do not yet know how the operational changes will affect the number of personnel,” said Nokia spokesman Doug Dawson. whatsapp whatsappcenter_img Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Share alison.lock last_img read more

ICB: Consumers will see cost of services increase

first_img More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com CONSUMERS should be prepared for a ramp-up in costs as a result of proposals by the Independent Commission on Banking (ICB) to reduce banks’ implicit state subsidy, the commission admitted yesterday.“Bank borrowing customers had too good a deal in the run-up to the crisis,” said ICB member Martin Taylor.ICB chairman Sir John Vickers said that higher prices are inevitable: “The idea that there’s some free lunch out there is not the case,” he said.The commission’s interim report released yesterday reveals that it favours ring-fencing banks’ retail operations and requiring them to be highly capitalised separately from the broader banking group.The commission said that it expects costs to rise the most for investment banks, whose capital ratios are subsidised by retail deposits.But the question of duplication costs remains if banks are required to provide a standalone infrastructure for their retail subsidiaries so as to “keep any such interruptions (in essential services)?to a minimum”, as the commission intends.PricewaterhouseCoopers’ Andrew Gray says: “Many of the banks have integrated support services, which will be harder and costly to separate.” ICB: Consumers will see cost of services increase KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search Ads whatsapp Monday 11 April 2011 8:50 pmcenter_img whatsapp Share Show Comments ▼ Tags: NULLlast_img read more

Amazon’s profits slip by a third

first_img Share Tuesday 26 April 2011 9:00 pm KCS-content AMAZON, the world’s largest online retailer, revealed a 33 per cent profit slump last night, as its investment in new businesses ate into earnings.The US internet giant has ploughed millions into the promotion of its Kindle electronic-book reader, as well as into a new app for Android smartphones. The costs hit its pre-tax profits, resulting in a slip to $201m (£122m) over the first-quarter of this year, down from the $299m it made over the same period a year earlier.Yet the retailer outperformed analysts’ expectations with a 38 per cent increase in net sales to $9.86bn in the first three months of this year, up from $7.13bn over the first-quarter of 2010.“When you look at the kind of growth acceleration it is showing on the top line and surpassing pretty much all Wall Street expectations, I think that clearly what it is doing makes sense,” said Ken Sena, analyst at Evercore partners. Operating margin came to 3.3 per cent, in the middle of the range Amazon had forecast.But Amazon expects that its investing to win market share will pay off. It forecast current-quarter revenue of $8.85bn to $9.65bn, above Wall Street expectations of $8.7bn. Amazon’s sales increase was led by a 45 per cent rise in North America. Growth elsewhere was 27 per cent, excluding the effect of currency exchange. More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search AdsSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaFilm OracleHer Love Triangle Inspired 3 Of The Most Popular Songs Ever WrittenFilm OracleGundry MD Total Restore SupplementWhat Rice Does to the Human BodyGundry MD Total Restore SupplementZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldcenter_img Amazon’s profits slip by a third whatsapp Tags: NULL whatsapp Show Comments ▼last_img read more

UK’s RGSB rebrands as Advisory Board for Safer Gambling

first_img The UK Gambling Commission has renamed its Responsible Gambling Strategy Board (RGSB) as the Advisory Board for Safer Gambling (ABSG) to help reflect a sharper focus on safer gambling.The ABSG will continue to provide independent advice to the Commission as the regulator works to implement its new national gambling strategy over the next three years, with the overall goal of reducing gambling harms in the UK.This will include working with the regulator on the various research, education and treatment programmes required to support its strategy and any associated funding requirements. The new National Strategy to Reduce Gambling Harms is due to launch on April 25.The name change coincides with the arrival of new chair Dr Anna van der Gaag, who takes over from Sir Christopher Kelly after six years in the role. Van der Gaag was announced as the body’s new chair in November of last year.“Our new name reflects the need for greater clarity about everyone’s roles in the delivery of the new strategy,” Van der Gaag said. “Gambling harms are rightly recognised as a public health issue and I welcome the Gambling Commission’s new strategy with its strong focus on both prevention and treatment.“As the ABSG, we will be bringing a renewed focus on the safety of consumers and prevention of harm, helping to ensure consumers are free from the consequences of gambling harms, that research priorities are high up the Commission’s agenda, and that we are listening and working closely with all our partners.”Gambling Commission chief executive Neil McArthur added: “We need to shift the focus from ‘responsible gambling’ to ‘safer gambling’. Responsible gambling suggests that the individual customer is principally in charge of keeping themselves safe.“By focusing on safer gambling we want to emphasise that there is a clear onus on gambling operators to protect their customers.”Earlier this week, ABSG said that the 2016-19 National Responsible Gambling Strategy achieved a number of key milestones, but ultimately failed to make as much progress as hoped in tackling gambling-related harm in Great Britain.Since the strategy was published in April 2016, the RGSB said progress had been made in having gambling recognised as a public health issue, while work was being done to better understand and measure gambling-related harms. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: UK & Ireland The UK Gambling Commission has renamed its Responsible Gambling Strategy Board (RGSB) as the Advisory Board for Safer Gambling (ABSG) to help reflect a sharper focus on safer gambling. Bingo Email Address Topics: Casino & games Legal & compliance Strategy Bingo Slots 2nd April 2019 | By contenteditor Subscribe to the iGaming newsletter Tags: Online Gambling OTB and Betting Shops Slot Machines UK’s RGSB rebrands as Advisory Board for Safer Gamblinglast_img read more

The Mariachi 5 by RTG Asia

first_img Mariachi 5 is a 5 Reel, 3 Row, 243 ways high volatility slot game with 1 free game feature, top award is 6000X. And when 3 piñatas appear, you may pick one of the 5 Mariachi musicians to get crazy combinations of free games and multipliers. The Mariachi 5 by RTG Asia Casino & games Subscribe to the iGaming newsletter 23rd April 2019 | By Aaron Noy Companies: RTG Asiacenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Mariachi 5 is a 5 Reel, 3 Row, 243 ways high volatility slot game with 1 free game feature, top award is 6000X. And when 3 piñatas appear, you may pick one of the 5 Mariachi musicians to get crazy combinations of free games and multipliers.You can download the First Look Games affilaite pack for this slot here! And play a demo here! Topics: Casino & games Slots Email Addresslast_img read more

Powerspin by Relax Gaming

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Powerspin is a 3×3 video slot with 5 fixed playlines. Filling all 9 positions with the same symbol awards the Bonus Wheel feature where multipliers and symbol upgrades can be won.  Email Address Topics: Casino & games Slots 9th July 2019 | By Aaron Noy Powerspin by Relax Gamingcenter_img Casino & games Powerspin is a 3×3 video slot with 5 fixed playlines.Filling all 9 positions with the same symbol awards the Bonus Wheel feature where multipliers and symbol upgrades can be won. The game also offers a re-spin feature that is awarded when two full columns are filled with the same symbol, locking those symbols in place for a better opportunity to access the Bonus Wheel feature and bigger wins.You can download the First Look Games affiliate pack for this game here! Subscribe to the iGaming newsletter Companies: Relax Gaminglast_img read more

Latvia gambling revenue reaches €154.5m in first half

first_img Latvia gambling revenue reaches €154.5m in first half Gambling revenue in the regulated Latvian market climbed 14.7% year-on-year to €154.5m (£142.0m/$172.1m) in the first half of 2019, with national regulator the Lotteries and Gambling Supervisory Inspection (IAUI) citing growth across all verticals.Revenue during the six months to June 30, 2019 was up from €134.6m, while the IAUI also noted a rise in income from gambling – climbing 15.2% from €99.9m to €111.5m.Gambling machines were by far the main source of income for licenced operators in Latvia, generating a collective €111.5m, which is up 11.5% on the same period last year.Income from interactive gambling increased 38.8% year-on-year from €18.2m to €25.4m as more consumers turned to online gaming.Online casino games were the most popular form of iGaming activity during the first half, with income up 40.1% to €18.1m. Online betting income was also up 35.3% to €7.1m, while card tournaments income jumped 65.9% to €193,482.Elsewhere, table games income increased 2.6% to €8.1m, while bingo income was up 37.0% to €123,000 in the first half.The IAUI also published an update on its effort to clamp down on illegal online gaming activities in the first half, during which it blocked 51 domain names and 87 IP addresses.Since August 1, 2014, a total of 1,166 domain names and 2,478 IP addresses have been blocked.The first and second quarters were similar in terms of performance by operators in Latvia, with revenue and income remaining relatively level throughout both periods.Total market revenue stood at €77.3m in the three months to June 30, compared to €77.2m in the first quarter, while income was level at €73.3m.Gambling machine income dipped slightly quarter-on-quarter from €56.1m to €55.4m, but online gambling income was up 4.9% from €12.3m to €13.0m. 5th August 2019 | By contenteditor Casino & games Tags: Card Rooms and Poker Online Gambling Slot Machines AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: Europe Baltics Latvia Subscribe to the iGaming newsletter Topics: Casino & games Finance Poker Slots Gambling revenue in the regulated Latvian market climbed 14.7% year-on-year to €154.5m (£142.0m/$172.1m) in the first half of 2019, with national regulator the Lotteries and Gambling Supervisory Inspection (IAUI) citing growth across all verticals. Email Addresslast_img read more

Lottery hardware sales decline hits AGTech H1 revenue

first_img AGTech Holdings has reported a 22.7% year-on-year decline in revenue for the first six months of 2019, which was blamed on a HK$16.5m (£1.7m/€1.9m/$2.1m) decline in lottery hardware sales over the period.Revenue for the six months to 30 June, 2019 fell to $47.7m, with revenue from lottery hardware sales down 46.5% to $19.1m.The supplier also reported an 11.9% drop in revenue from lottery distribution and ancillary services, to $7.9m, while games and entertainment revenue fell to $2.0m. This was offset by a 46.2% increase in lottery games and systems revenue to $18.8m, however.“In the first half of the year, we continued to capitalise on many core business opportunities in the lottery, games and entertainment sectors, providing innovative and high-quality products and services to the industry, and continue to establish the foundation for future growth opportunities,” AGTech chairman and chief executive John Sun said.This has seen AGTech roll out its network service platform for the Guangdong Sports Lottery Administration Centre (SLAC), and work on developing a marketing strategy for the Tianjin SLAC. It won six hardware tenders to supply lottery terminals to the Tianjin, Hainan, Guangxi, Guizhou, Anhui, Beijing SLACs, something it said demonstrated its “continued industry leading position and commitment in China’s lottery hardware market.”AGTech is investing in new technology, working with the China Welfare Lottery Issuance and Administration Centre on a project to use blockchain technology to power electronic lottery draws. A separate project, in which AGTech is providing research and development services to assess the scope for using augmented reality to promote sports lottery products and expand the appeal of draw-based games, is also underway.The first half saw AGTech move into the Indian market, through Paytm First Games, a joint venture with One97 Communications. In March it launched a dedicated cricket channel, with a fantasy cricket game following in May.“The group expects that Paytm First Games will continue to build its user base, paving the way to monetise this unique platform, thus capitalising on the significant potential of the fast growing mobile entertainment market in India,” AGTech noted.Despite the decline in revenue, AGTech saw its operating loss for the period reduced to $120.2m. While the business incurred an additional $10.5m in expenses related to property assets and other operating revenue declining to $2.8m, a drop in personnel costs (to $106.8m) and other operating expenses falling to $39.1m resulted in the improvement.However, the company swung to a loss for the period, largely as a result of much lower gains on the fair value changes of its Convertible Bonds. AGTech realised a gain of $8.7m from these changes, compared to $281.3m in the prior year.It also incurred a $2.3m expenses, related to the fair value change of contingent consideration payables, related to its 2014 acquisition of handheld lottery equipment developer Score Value. In the prior year it recorded a $25.7m gain in these fair value changes.While net finance income increased to $9.5m, AGTech also reported a $10.4m loss from investments, leaving a pre-tax loss of $114.5m. After income taxes of $1.6m were factored in, the net loss for the half stood at $116.1m, compared to a $157.3m profit for H1 2018.For the three months to 30 June, AGTech reported a 37.4% decline in revenue to $27.6m, though lower staff costs helped reduce the operating loss for the quarter to $67.7m. The business was once again hit by lower gains from fair value changes in convertible bonds and contingent considerations, however, which saw pre-tax losses rise to $44.7m.After income tax of $493,000 the net loss for the quarter was $45.2m, up from $13.4m in Q2 2018. 12th August 2019 | By contenteditor Subscribe to the iGaming newsletter CSR Topics: Finance Lottery Social responsibility Tech & innovation CSR AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter AGTech Holdings has reported a 22.7% year-on-year decline in revenue for the first six months of 2019, which was blamed on a HK$16.5m (£1.7m/€1.9m/$2.1m) decline in lottery hardware sales over the period. Tags: Charitable Gaming Lottery hardware sales decline hits AGTech H1 revenue Regions: China Email Addresslast_img read more

NBA 2K League player banned for betting rule breach

first_imgCasino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Tags: Video Gaming 13th September 2019 | By contenteditor A player for the esports team owned by National Basketball Association (NBA) franchise Miami Heat has been disqualified from the NBA 2K League for violating its gambling rules.Basil “24K Dropoff” Rose, a power forward for Heat Check Gaming, was found to have violated league rules by providing inside information to an individual involved in betting on NBA 2K League games.However, the league added, the investigation into Rose found no evidence that the player attempted to fix or otherwise improperly participate in any NBA 2K League game.The NBA 2K League is a joint venture between the NBA and Take-Two Interactive, publisher of the popular basketball console simulation NBA 2K. It sees teams backed by real-world NBA franchises compete against one another over a 150-week season.Formed in 2017, its first season took place over 2018, with Rose’s team, Heat Check Gaming, coming second behind the New York Knicks-owned Knicks Gaming.Rose joined the Heat Check Team in April 2018, and had been retained for the 2019 season. The team is yet to comment on his disqualification, though Rose has pledged to address the situation on the live streaming platform Periscope, telling social media followers to “stay tuned”. Regions: US NBA 2K League player banned for betting rule breach A player for the esports team owned by National Basketball Association (NBA) franchise Miami Heat has been disqualified from the NBA 2K League for violating its gambling rules. Topics: Casino & games Esports Legal & compliance Sports betting Video gaming Email Addresslast_img read more