Are BP shares the biggest bargain on the market today?

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Stuart Blair | Monday, 22nd June, 2020 | More on: BP RDSB Over the last two weeks, BP (LSE: BP) shares have fallen by around 15%. This has left them trading at the same price as in 2010 after the Deepwater Horizon oil spill. In this event, the BP share price was able to recover quickly. This would indicate that it is too cheap at the moment. But with problems currently abounding in the oil industry, will the shares manage to stage a similar recovery?Would I buy BP shares for its dividend? At the moment, BP is one of the largest dividend payers in the FTSE 100, with a yield of over 10%. While this does sound very tempting, the dividend is also unsustainable. After Royal Dutch Shell cut its dividend a couple of months ago, I now believe that a BP dividend cut is imminent. Firstly, the firm is riddled with debt, and has not taken any large steps to reduce this. Its debt currently stands at around $51bn. With the dividend currently costing BP around $8bn a year, it seems sensible, therefore, that some of this money should be used to pay off the debt.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…In addition, the company has recently announced that it will slash $17.5bn off the value of its oil and gas assets. This came after its long-term Brent crude price assumption was reduced from $75 a barrel to $55. This move means that BP shares are trading at a higher price-to-book ratio and its shareholders’ equity is greatly reduced. Once again, it seems evident that a dividend cut is required.Is it time to go green? Another reason why BP has slashed the value of its assets is because of the global shift towards greener energy. Currently, its spending on renewable energy amounts to only $500m. Seeing as this is very much the future, the recent plunge in crude oil prices should encourage it to increase its exposure to greener energy. But this leads to its own problems. Firstly, various renewable energy companies dominate the market at present. Consequently, it will not be easy for BP to make its own transition. Furthermore, the short-term effect of increased investment in renewables would be to increase its debt-to-equity ratio. With debt levels already excessive, this could place further strain on the shares.Would I buy or sell BP shares?Throughout this article, I have portrayed a rather gloomy outlook for BP. While I maintain that the short-term future does not look bright, I also believe that this has been priced into the current price. As a result, I cannot see the BP share price sinking significantly lower, even if it does decide to cut its dividend. But I also cannot see a significant recovery until the oil giant is able to both fortify its balance sheet and make the necessary transition into greener energy. As I can’t see this happening any time soon, I’m staying away from BP shares for the moment.  Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img See all posts by Stuart Blair “This Stock Could Be Like Buying Amazon in 1997” Stuart Blair owns shares in Royal Dutch Shell. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Are BP shares the biggest bargain on the market today? I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shareslast_img read more

Florida sees growing need for foster families, training

first_img Please enter your comment! Please enter your name here TAGSadoptionAdvocatesChildrenDataFamily First Prevention Services ActFlorida Coalition for ChildrenFoster FamiliesNational Foster Care MonthParentsPublic News ServiceRisksWraparound Services Previous article5 Simple DIY Tips for Jewelry MakingNext articleUnusually wet April benefits water levels Denise Connell RELATED ARTICLESMORE FROM AUTHOR LEAVE A REPLY Cancel reply Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Save my name, email, and website in this browser for the next time I comment. The Anatomy of Fear Share on Facebook Tweet on Twitter You have entered an incorrect email address! Please enter your email address here The most recent data show Florida has more than 22,600 kids in out-of-home-careFrom Public News ServiceMay is National Foster Care Month, and states like Florida are still adjusting to federal changes put in place three years ago.The Family First Prevention Services Act, signed into law in 2018 as part of a stop-gap budget bill, was backed by the belief that children in difficult home situations fare best staying with their parents.Kurt Kelly, CEO and president of the Florida Coalition for Children, a group that advocates for young people at risk, said the law was a game-changer.However, he cautioned it was also a bit shortsighted, pushing kids out of residential or group care and away from where they have access to 24-hour wraparound services.“That means we’re going to need more foster families,” Kelly explained. “And we’re going to need more foster families that have even more training and skill sets to be able to handle these more acute cases. That’s an area we’re really working on.”The most recent data show Florida has more than 22,600 kids in out-of-home-care. Bills that would have addressed such issues, such as licensure and operation of family foster homes, died in committee during the legislative session.Kelly thinks foster families haven’t gotten enough thanks for stepping up to care at the most critical time for a child in need. He pointed out Florida’s foster parents are paid around $16 a day, indicating it’s a myth families are in it for the money.“They bring them in, and they show true love and compassion, caring for them in a very deeply distrusting time,” Kelly observed. “[These children don’t] have the skill sets to handle all of this. And these folks are there for them.”Kelly stressed more families are needed to be foster parents to older children in the system as well.Florida gives young adults ‘aging out’ of foster care the option for extended foster care, or independent living. Those who age out at 18 can remain in care until they’re 21, or, if they are continuing their education, they can tap into ongoing case-management services. Support conservation and fish with NEW Florida specialty license plate last_img read more

Ricart House / Gradolí & Sanz

first_imgCopyAbout this officeGradolí & SanzOfficeFollowProductsConcreteBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesValenciaSpainPublished on June 10, 2016Cite: “Ricart House / Gradolí & Sanz” [Casa Ricart / Gradolí & Sanz] 10 Jun 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldChoosing the Skyfold Wall for Your SpaceGlass3MSun Control Film – Prestige ExteriorShowerhansgroheShowers – Croma SelectWall / Ceiling LightsSpectrum LightingLED Downlight – Infinium 3″ Round FlangelessVentilated / Double Skin FacadeCosentinoDekton Cladding in LD Sevilla hotelSealantsSikaJoint SealingBeams / PillarsLunawoodThermowood Frames and BearersPorcelain StonewareApariciPorcelain Tiles – MarblesCeramicsTerrealTerracotta Facade in Manchester HospitalWindowspanoramah!®ah! CornerHome AppliancesGIRAGira Keyless in – Door communicationLightsLinea Light GroupIntegrated Lighting – Fylo+More products »Read commentsSave想阅读文章的中文版本吗?西班牙轻松而精致的 Ricart 住宅 / Gradolí & Sanz是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream 2012 “COPY” Ricart House / Gradolí & SanzSave this projectSaveRicart House / Gradolí & Sanz Spain ShareFacebookTwitterPinterestWhatsappMailOr Clipboard “COPY” ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Houses Save this picture!© Mariela Apollonio+ 20 Sharecenter_img Constructor:Ensecon S.L.Quantity Surveyor:Julia Fernández SorókinaInterior Design And Lighting:Carmen González ÚbedaPlot Surface Area:140 m2Built Up Surface Area:250 m2Author Architects:Arturo Sanz Martínez, Carmel Gradolí MartínezCity:ValènciaCountry:SpainMore SpecsLess SpecsSave this picture!© Mariela ApollonioRecommended ProductsWoodEGGERLaminatesMetallicsTECU®Copper Surface – Classic CoatedDoorsLibartVertical Retracting Doors – Panora ViewWoodAccoyaAccoya® Cladding, Siding & FacadesText description provided by the architects. Benimaclet used to be a farming village, an island in a sea of fields ploughed through ditches. With the growth of the city of Valencia, the island was absorbed to turn it into a residential neighbourhood, and inevitably, into an anomaly within the urban fabric. And in this condition it resists, continually more threatened by the city.Save this picture!SectionSave this picture!© Mariela ApollonioSave this picture!© Mariela ApollonioThe Casa Ricart has been built on a plot in the Historic Centre of the neighbourhood, and its volition is to strengthen the typological features of the traditional courtyard house constructions, still on a smaller scale, so that they become the fulcrum of the residence.Save this picture!SketchSave this picture!© Mariela ApollonioThis house is shaped around two courtyards: the first, located in the transition between the living room and kitchen – dining area, is bathed in sunlight and contains an olive tree; the second, of a more private nature, is a protected courtyard with vegetation providing shade.Save this picture!© Mariela ApollonioSave this picture!© Mariela ApollonioProject gallerySee allShow lessYale Students Propose a Series of Pop-Up Religious Buildings to Sustain Culture in R…ArticlesComic Break: “…And Then You Will Be An Architect”Architecture News Share Area:  250 m² Year Completion year of this architecture project ArchDaily CopyHouses•València, Spain Architects: Gradolí & Sanz Area Area of this architecture project Projects Year:  Ricart House / Gradolí & Sanzlast_img read more

Irish Water making a mockery of Limerick householders

first_imgEmail Christy McInerneyIRISH Water has been accused of making a mockery of Limerick homeowners by seeking a €100 standing charge from every household before they turn on their taps.Fianna Fail local election candidate for City North Christy McInerney is calling on the Government to honour a commitment to provide households in Limerick City with a free water allowance, instead of forcing them to pay a hefty charge before any water is even used.Sign up for the weekly Limerick Post newsletter Sign Up He says it’s time Environment Minister Phil Hogan to put people before politics and provide some clarity to households about the charges that come into affect in six months time.“Over the past two years, the Government has made several promises to households in Limerick City that they would receive a free allowance of water to cover basic usage. It now looks like this will be added to the ever-growing list of broken promises from Fine Gael and Labour,” said Mr McInerney.“Far from receiving a free water allowance as promised, we are now told that Irish Water wants to force every single household in Limerick City to pay €100 before they even turn on their taps. They will then clock up water charges of several hundred euro on top of the standing charge,” he commented.He went on to accuse Minister Hogan of dodging every single question about how much households in Limerick City will have to pay for their water.“It’s becoming glaringly obvious that the Government is doing everything it can to avoid coming clean about this issue ahead of the local and European elections in a cynical attempt to salvage as many votes as possible,” he added. Linkedin Limerick customers to benefit from extension of Irish Water’s First Fix free scheme to tackle leaks TAGSChristy McInerneyEnvironment Minister Phil HoganFianna FáilIrish WaterMusic Limerick Twitter Emma Langford shortlisted for RTE Folk Award and playing a LIVE SHOW!!! this Saturday Print #HearThis: New music and video from Limerick rapper Strange Boy Update: Works underway to resolve discolouration of water in Raheen area center_img Previous articleLimerick developer named as owner of residents’ drivewaysNext articleUL student tragically dies at lecture Alan Jacques WhatsApp RELATED ARTICLESMORE FROM AUTHOR Advertisement #SaucySoul: Room 58 – ‘Hate To See You Leave’ NewsLocal NewsIrish Water making a mockery of Limerick householdersBy Alan Jacques – April 25, 2014 696 Facebook Celebrating a ground breaking year in music from Limerick last_img read more

Freddie Mac Speaks: G-Fees and CRT

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago About Author: Brianna Gilpin Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, News, Secondary Market Brianna Gilpin, Online Editor for MReport and DS News, is a graduate of Texas A&M University where she received her B.A. in Telecommunication Media Studies. Gilpin previously worked at Hearst Media, one of the nation’s leading diversified media and information services companies. To contact Gilpin, email [email protected] September 5, 2017 1,821 Views Credit Risk Transfer Guarantee Fees 2017-09-05 Brianna Gilpin  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Previous: 115th Congress: Fall Legislative Agenda Next: Cordray Skirts the Question Related Articles Demand Propels Home Prices Upward 2 days agocenter_img Freddie Mac announced Tuesday that it is now making all available pricing and deal terms for their Agency Credit Insurance Structure and Whole Loan Securities transactions, which are important offerings in its credit risk transfer (CRT) program, open to the public to further transparency for investors. Both build on similar disclosures for Freddie Mac’s Structured Agency Credit Risk (STACR) program.In a corresponding Freddie Mac Perspectives blog, Kevin Palmer, SVP of Single-Family Credit Risk Transfer, explained how CRTs are indicating whether Freddie’s Guarantee fees (G-fees) are in line with what the private market would charge.G-fees are a retained amount of payments received on mortgages sold to Freddie Mac by banks and other sellers. In return, Freddie guarantees payment of principal and interest on the pass-through securities that they issue to their customers, or Gold PCs.“The G-fee essentially covers the cost of providing the credit guarantee—both the non-credit costs, such as administrative costs, and credit costs, which are the expected costs plus the cost of unexpected losses,” Palmer said.Though the G-fee normally would be for costs Freddie Mac could incur if they retained all the credit risk related to loans in their mortgage securities, the last four years they have been transferring a significant portion to the private market through their Single-Family CRT program.To calculate the G-fee, Freddie analyzes the cost of the past years Structured Agency Credit Risk (STACR) transactions and determines the market-implied G-fee for the lower range of what the private sector would be willing to pay to operate a credit guarantee business like Freddie Mac’s.According to Palmer, “CRT is not only shifting risk away from taxpayers and creating new asset classes for investors, it is a key benchmark for policy discussions by providing information about what the private capital markets would charge for absorbing the credit risk generated by the credit guarantee business of a GSE.” Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Tagged with: Credit Risk Transfer Guarantee Fees Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Freddie Mac Speaks: G-Fees and CRT Share Save Home / Daily Dose / Freddie Mac Speaks: G-Fees and CRT The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Local officials in Florida complaining about DHS plans to transfer detained migrants from Texas

first_imgMani Albrecht/U.S. Customs and Border Protection via Getty Image(MIAMI) — Citing a massive influx of refugees at the U.S.-Mexico border, federal officials said Friday they are looking at moving migrant families to other cities across the nation to process and release them.The extraordinary move has prompted serious concerns in local communities like South Florida, where officials there say they don’t have the ability to handle hundreds of migrants at a time. An official from U.S. Customs and Border Protection told reporters on Friday that there are no plans currently to fly migrants to Florida, but it was one of many locations identified as a possible location where migrant families could be processed if needed.“This is an emergency,” the official said. “The entire system is overwhelmed, and we are simply trying to safely get them out of our custody as quickly as possibleLocal officials in Florida were shocked this week when federal authorities informed them of plans to bring hundreds of undocumented migrants from the border to southern parts of the state. As many as a thousand migrants a month would be transported and split between Palm Beach and Broward County, Florida, in the coming weeks.The move is in response to overwhelmed border operations, as groups of a hundred or more refugees are arriving at one time. Under U.S. and international law, the migrants have the right to claim asylum and plead their case to a judge. But the immigration courts are overwhelmed, and officials say they are struggling just to process so many people at a time.Some 109,000 undocumented migrants were stopped at the border in April alone.The Department of Homeland Security did not respond to multiple requests for comment.Last week, the Washington Post reported authorities would start transporting migrants between border stations in Texas by plane from areas overwhelmed by migrant crossings. The latest plans for Florida are the first indication that Customs and Border Protections will start transporting migrants to areas outside border states.After hearing the news, officials in Broward County began working quickly to alert local nonprofits, shelters and businesses about the new arrivals.“This is a humanitarian crisis,” Broward Mayor Mark Bogen said in a statement Friday. “We will do everything possible to help these people. If the President will not provide us with financial assistance to house and feed these people, he will be creating a homeless encampment.”The migrants would be processed at local CBP offices in Broward and Palm Beach counties before they’re released. But a Broward County official said local authorities weren’t told why their community was selected to receive the migrants.“It took everyone by surprise,” said Kimberly Maroe, the county’s public information manager.CBP does have migrant processing facilities in Southern Florida, typically used for those who arrive by boat. Palm Beach County Sheriff Ric Bradshaw said the county has plans for handling mass migration, but they’re designed to direct migrants towards CBP for processing, not the other way around.“We spent a lot of time making sure people don’t come in to South Florida illegally,” Bradshaw told reporters Thursday. “Well, guess what? The federal government now is bringing people that have come into the country illegally to us that have come over out in El Paso. And I don’t think it’s right.”Sen. Marco Rubio sent a letter to the Department of Homeland Security with several questions about the agency’s plans for transporting migrants to the state. The list of basic question like, “Does the Department intend to transport migrants currently in custody at the southern border to states that do not share a land border with Mexico?” and “If so, why?” appear to indicate that Homeland Security officials have not offered details on the transport plans to the Senator’s office.Copyright © 2019, ABC Radio. All rights reserved.last_img read more

UVU Men’s Basketball Faces Arizona Thursday; Northern Arizona Saturday

first_img Tags: Arizona Wildcats/Brandon Randolph/Jake Toolson/McKale Center/Tucson/Utah Valley Men’s Basketball December 5, 2018 /Sports News – Local UVU Men’s Basketball Faces Arizona Thursday; Northern Arizona Saturday Written by Brad James FacebookTwitterLinkedInEmailTUCSON, Ariz.-The Utah Valley University men’s basketball team takes a foray into the Grand Canyon State this week, battling the Arizona Wildcats Thursday at Tucson, Ariz. and the Northern Arizona Lumberjacks Saturday at Flagstaff, Ariz.Thursday’s game is only the second in history against the Wildcats for the Wolverines with Arizona prevailing 87-56 December 9, 2014 at the McKale Center in Tucson.The Wildcats have currently won 51 straight non-conference home games with the Wolverines nursing a 2-8 record against the Pac-12 all-time.The only victories against the Pac-12 Utah Valley has earned were a 75-71 win over Arizona State in 2005 and a 70-68 triumph at Corvallis, Ore. against Oregon State in 2010.The Wolverines come into their game at Tucson with a record of 6-3 and they post 75.9 points per game and only give up 71.3 points per contest. Jake Toolson leads Utah Valley by averaging 15.3 points per game and 3.4 rebounds per contest.The Wildcats come into this game at 6-2 and average 80.6 points per game, while only giving up 65.4 points per contest.Arizona’s leading scorer is guard Brandon Randolph, who posts 17.1 points per contest. Center/forward Chase Jeter averages 7.9 rebounds to pace the Wildcats on the glass.last_img read more

Festive biscuits

first_imgSeveral Cadbury’s biscuit products and a new Maryland cookies tub will be available from Burton’s Foods for Christmas. The company has re-introduced a seasonal range for Maryland, with a 675g sharing tub and a White Choc Chip Mini Cookies carton (150g).Three seasonal collections from Cadbury have also been launched: In-home sharing, which includes a new Cadbury Cookie Assortment; Gifting, which includes its Heritage barrels and tins; and Novelty, which features its Cadbury Mini Fingers van and Cadbury Festive Friends.”Burton’s has ensured that, despite the recession, consumers are well catered for with a range of products to suit all budgets,” commented Sue Garfitt, head of insights, category and marketing planning at Burton’s read more

News story: Civil use of government aerodromes

first_img Civil use of government aerodromes The Military Aviation Authority (MAA) recently co-ordinated activity whereby Civilian Aviation Authority (CAA) Aerodrome Inspectors audited RAF Northolt and RAF Brize Norton from a ‘safe place to operate’ perspective. These audits were specifically conducted in order to assist the CAA in meeting their responsibility to maintain an appropriate level of safety regulatory oversight on the conduct of civil aviation activity taking place at Government Aerodromes in the UK.To read the full article click on the pdf document below. PDF, 163KB, 4 pageslast_img read more

The M&M’s Featuring John Medeski, Stanton Moore, Robert Mercurio, & Papa Mali Release New Single “Parachute” [Listen]

first_imgFunk quartet powerhouse The M&M’s—comprised of keyboardist John Medeski, drummer Stanton Moore, bassist Robert Mercurio, and guitarist Papa Mali—have shared a new track titled, “Parachute”, which premiered on Monday via Relix.The new tune written by Papa Mali includes beautifully layered, lush vocal work, as well as the additional accompaniment of a string section.“We personally love the sentiment and vibe we captured,” The M&M’s explained to Relix. “We are so excited to get together not only on the stage but working together as a group in the studio.”Watch The M&M’s new “Parachute” video below:The M&M’s – “Parachute”[Video: Papa Mali]Due to each members’ busy regular touring schedules, The M&M’s perform an extremely limited amount of live shows. With only one currently scheduled tour date, Medeski, Moore, Mercurio, and Mali will reconnect for a special late-night performance during New Orleans Jazz & Heritage Festival at Tipitina’s on Friday, April 26th (technically early a.m. Saturday). As you’ve surely heard by now, Moore, Mercurio and their Galactic bandmates recently finalized a deal to purchase Tipitina’s—a club they’ve been visiting as both patrons and performers for nearly three decades.Head here for tickets and more information on The M&M’s upcoming Jazz Fest late-night.The musical heritage of New Orleans will be on full display during the 50th-anniversary edition of New Orleans Jazz & Heritage Festival this spring. In addition to the official festivities on the fairgrounds, musicians from New Orleans and beyond will deliver a number of exciting nighttime shows during the week-and-change encompassed by Jazz Fest.Jazz Fest 2019 After Dark: L4LM Top PicksCheck out a list of Live For Live Music‘s various night shows during Jazz Fest below. For more information, or to grab your tickets today before they’re all gone, head here.last_img read more