Category: hixaginc

Jason Danieley Will Head Back to Chicago

first_img Jason Danieley from $49.50 Broadway alum Jason Danieley will return to Chicago on Broadway. He steps back into Billy Flynn’s tux at the Ambassador Theatre on February 29, taking over for NFL legend Eddie George. Danieley first took on the role last year.Danieley last appeared on Broadway in The Visit. His additional credits include Next to Normal (opposite his wife Marin Mazzie), Curtains, The Full Monty and Candide. He has also recently appeared in Can-Can at Paper Mill Playhouse and Carousel with the New York Philharmonic.Danieley joins a cast that also includes Paige Davis as Roxie Hart, Amra-Faye Wright as Velma Kelly, Raymond Bokhour as Amos Hart, NaTasha Yvette Williams as Matron “Mama” Morton and R. Lowe as Mary Sunshine. Chicago Related Showscenter_img Star Files Jason Danieley View Commentslast_img read more

Branches aren’t dead yet, invigorate your growth with mergers

first_img 62SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Glenn Christensen Glenn Christensen is Founder and President of CEO Advisory Group the first Merger and Acquisitions consultancy focusing on the credit union industry.As a visionary and entrepreneurial leader with 25 … Web: Details Chances are growth strategies will once again be the central topic of discussion at your strategic planning session this autumn. You’ve heard the prediction “branches are dead”. Stats show markets are over-branched. Banks are closing branches at a record rate. Yet you look at the numbers and see your market penetration and product utilization is highly correlated with proximity to your branch locations.Perhaps you’ve seen your members taking new jobs and relocating to surrounding neighborhoods or towns. Growth has stagnated at your primary SEG or the community you serve, yet there are abundant opportunities in neighboring markets to serve existing members and generate new member relationships. There is excitement among the board members to pursue these opportunities. But then the economic reality of this investment opportunity comes into play and these planning session dreams vanish into thin air.The challenges facing the vast majority credit unions are illustrated in the numbers. Since 2009 credit unions have grown their branch network by 1,659 bringing the total 20,482 branches. Credit unions over $1 billion contributed to 60 percent to the growth. In contrast credit unions below $50 million in assets experienced a net loss of 440 branches.The credit union balance sheet and income statement help explain the differences in strategy. Of course as credit union leaders you recognize the disparity in strategy between large and small credit unions driven by resources, branching expertise and capacity for risk taking. This disparity is illustrated in the financial ratios to follow.Large credit union investment in land & building outpaced smaller- and medium-sized credit unions over the last five years.   Two-thirds of credit unions over $500 million increased the book value of their investment in land and facilities. Similarly among medium-sized credit unions in the $250 – $500 million asset category over half expanded their investments. The investments for smaller credit unions was significantly less with 80% reducing or maintaining existing land & building investment.It is interesting to note that despite their significantly higher rate of branch expansion, the $1 billion plus credit unions tend of have a smaller portion of assets tied up in land & building, with the majority having a land & building to asset ratio below 2%. As show in the table below the smallest credit unions often enjoy the benefit of sponsored space, however this can be both a blessing and a curse. Sponsored space can, for some credit unions, be an anchor on their growth.Credit unions have been growing their occupancy expense at 4.3% per year. At the same time the occupancy expense/asset ratio has dropped 2 basis points over the last five years. As expected, growth in occupancy expense was correlated with asset size. Small- and mid-sized credit unions were constrained in their occupancy expenditures. In the last five years over half (55%) of all credit unions increased occupancy. Credit unions over $250 million invested significantly more in occupancy expenses.Over the last few years there has been a great deal of debate about the role of branches in the future of credit unions. For now we continue to see the investment in facilities continues to be highly correlated with growth. As shown in the table below the annualize growth for credit unions under $100 million in assets has been below 4%. In contrast credit unions over $500 million have annualized growth exceeding 6%. Similarly over half of large credit unions have assets growth exceeding 5% annually. Interestingly, when examining credit unions that have experienced declining assets the last five years we see double digit declines among peer groups below $250 million.Branches will likely continue to play an important role in credit union growth in the foreseeable future.   Many markets are considered over-branched. The cost of entering a new market highly expensive and cost prohibitive for many smaller- and medium-sized credit unions.With the changing market dynamics and branching economics, mergers should be a strategy both large and small credit unions should consider.   Branch network expansion is a key part of the value proposition for most credit union mergers. A merger enables the members of the acquired credit union to instantaneously gain access the convenience of a broader branch network. Occasionally, the merger deal points include building a new branch that is mutually beneficial to both credit unions. A merger benefits the acquiring credit union’s ability to expand its branch infrastructure to serve new and existing members in a cost effective manner. Collaborating in this way provides economic and competitive benefits to both sides.   Members benefit. Employees benefit. The community benefits.Mergers among credit union is one of the greatest, if not the greatest, strategic competitive advantages we have as an industry.last_img read more

Google ad revenues to dip as market becomes ‘triopoly’: Tracker

first_imgGoogle is expected to see its first decline in United States ad revenues this year as the coronavirus pandemic hits travel advertising, a market tracker said Monday.New research by eMarketer indicates Google will still be leading digital advertising but with a smaller share as the market evolves into a “triopoly” with Facebook and Amazon.Google’s net US digital ad revenues will drop 5.3 percent to US$39.58 billion to bring its market share down to 29.4 percent, according to the eMarketer forecast which was sharply revised due to the pandemic. Google’s decline is “primarily because of a sharp pullback in travel advertiser spending, which in the past has been heavily concentrated on Google’s search ad products,” said eMarketer analyst Nicole Perrin.”Travel has been the hardest-hit industry during the pandemic, with the most extreme spending declines of any industry. E-commerce-related ad spending has also been dampened to some extent: Amazon reportedly pulled its ads from Google search earlier this year as it struggled to meet customer demand for its e-commerce services.”A big part of the decline will come from “search advertising,” or paid messages deployed by Google when a user enters a search query.Search ad revenue, in which travel is a major component, is expected to drop by 7.2 percent in the US, eMarketer said. Facebook is expected to see growth in its US ad revenues of nearly five percent to $31.43 billion, driven by Instagram, according to the report. That would give Mark Zuckerberg’s firm a 23.4 percent market share.Amazon, meanwhile, is extending its strong growth in online advertising with an expected 23.5 percent rise to $12.75 billion, putting its market share at 9.5 percent, eMarketer said.Until recently, analysts had described the digital ad market as a duopoly dominated by Google and Facebook, but Amazon has been rising quickly.Google has been growing at a slower rate than the overall digital ad market since 2016, ” so this year will continue a trend of Google losing digital ad market share in the US,” Perrin said.Topics :last_img read more

Aston Martin losses grow as sales tumble at James Bond’s carmaker

first_imgTopics : Since then it has announced job cuts, reduced inventories and picked a new chief executive among a series of changes, while it is also responding to the pandemic which contributed to a 41% drop in sales.”It has been a challenging period with our dealers and factories closed due to COVID-19, in addition to aligning our sales with inventory with the associated impact on financial performance as we reposition for future success,” Stroll said.The firm’s half-year pre-tax loss of 227 million pounds compares to a loss of 80 million pounds in the same period last year. Revenue fell by nearly two thirds to 146 million pounds.The company said it had identified an accounting error in its U.S. region, meaning the firm’s loss was slightly deeper in 2019 with a reduction in earnings before interest and tax of 15.3 million pounds.Aston’s first 4×4 is central to its turnaround plans as it enters a lucrative segment of the market in a bid to widen its appeal, including to more female buyers.”We’re pleased with how it’s developing,” finance chief Ken Gregor told Reuters. Carmaker Aston Martin, which has changed its boss and brought in a billionaire investor this year, posted a deeper first-half loss of 227 million pounds ($293 million) on Wednesday amid a slump in sales.Its main factory, which closed during the lockdown, is not due to reopen until the end of August as the firm focused on resuming production at a new site in Wales, where its first sport utility vehicle, the DBX, rolled off the line this month.Renowned as James Bond’s carmaker of choice, the firm has had a difficult time since floating in 2018 as it failed to meet expectations and burnt through cash, prompting it to give a stake to a consortium led by billionaire Lawrence Stroll.last_img read more

Unai Emery warns Alexandre Lacazette after Arsenal striker is sent off against BATE Borisov

first_img Comment Metro Sport ReporterFriday 15 Feb 2019 8:49 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link Advertisement Alexandre Lacazette was sent off in the 85th minute of Arsenal’s defeat against BATE (Picture: Getty)Unai Emery warned Alexandre Lacazette he must control his frustration after he was sent off during Arsenal’s damaging Europa League defeat against BATE Borisov.The Gunners slipped to one of the most embarrassing losses in their European history against a side who hadn’t played for two months and who they beat 10-2 over two games in the group stages of last season’s competition.Stanislav Dragun’s first half goal gives the Belarusian side a slender advantage ahead of next week’s second leg, but Arsenal’s task in overturning the deficit has been made harder by the red card Lacazette received with five minutes remaining.AdvertisementAdvertisementMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City The victory was the biggest in BATE Borisov’s history (Picture: Getty)The France international lashed out at Aleksandar Filipovic and was given his marching orders by the referee, much to Emery’s annoyance.ADVERTISEMENT‘I didn’t see the action but we spoke and frustration needs controlling,’ said the Arsenal manager.center_img Unai Emery warns Alexandre Lacazette after Arsenal striker is sent off against BATE Borisov Emery after defeat to BATE: ‘We deserved to win’To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 0:46FullscreenEmery after defeat to BATE: ‘We deserved to win’ is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Lacazette will now be suspended next Thursday and issued an apology on social media, saying: ‘Letting the team down like that is the worst feeling,” he wrote.’I should have stayed calm but it’s not always easy.. Sorry.‘There are still 90 minutes to play and I believe that my teammates will make it to the next round.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Advertisementlast_img read more

Developer wastes no time paying big bucks for Brisbane property

first_img26 School Street, Kelvin Grove.A family home only 3km from Brisbane’s CBD has been snapped up for a multi-million dollar figure.The property at 26 School St, Kelvin Grove sold for $2.31 million after being marketed as an inner-city residential development site. 26 School Street, Kelvin Grove. More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019The character home at 26 School Street, Kelvin Grove.LJ Hooker — New Farm selling agent Claudia Marchand said the character home, on a generous land holding, could be moved to accommodate further building behind.The 1783sq m allotment is close to Brisbane’s CBD and a short walk to QUT, walking trails and parkland.center_img 26 School Street, Kelvin Grove.Ms Marchand said a local developer bought the property and was planning to build a child care centre.“We had this property on the market for a week and it got snapped up — it was incredible,” she said.She said the sellers had owned the property for several years.last_img read more

State of Emergency Ends Today

first_img Sharing is caring! Share Share Today, June 30, marks the end of a three-month State of Emergency in Dominica.The initial period was from April 1st to 20th and was extended for a total of three months following a sitting of Parliament.The Act allowed for Government to impose restrictions to contain the coronavirus threat to public health.Individuals who were not considered essential workers were prohibited from being outdoors in public places from 6pm to 6am on weekdays, with a total lock down on weekends.The island is almost fully reopened now except for sporting facilities and events and commercial passenger travel.The Hon Prime Minister, Chair of the Cabinet Subcommittee on Covid19, Roosevelt Skerrit, said Sunday that the emergency powers jurisdiction would not be extended past June 30th.“The Emergency Powers [Act] comes to an end on Tuesday, 30th.  The Government is not intending to extend this. Therefore, in large measure we will go back to the normal or the new normal,” he said. The Hon Minister for Health and Wellness, Dr Irving McIntyre responded to the question of what the new normal will be after today.“We’re back to where we were before,” he said hastening to add that “before, we didn’t have Covid; now that we have Covid, we have to make sure that we can practice all these public health and social measures that we’ve had in place, which is what has brought our success.”He listed proper hand hygiene and respiratory etiquette,wearing masks and sanitisation.Hon McIntyre also stated that there was a decrease in influenza-like symptoms for which he credits the guidelines promoted to curb the new coronavirus.“As a matter of fact,” he said, “Up to March of this year, influenza-like symptoms were down to 4 cases per week. Prior to these measures we put for Covid we used to get 25 cases a week.“It just shows you how wearing a mask, washing of hands and proper respiratory etiquette can cut down these things. This is what we want to emphasize.” Tweetcenter_img 223 Views   no discussions LifestyleLocalNews State of Emergency Ends Today by: – June 30, 2020 Sharelast_img read more

Overnight Crash Claims Greensburg Man

first_imgGREENSBURG — A Decatur County man was killed in a two vehicle accident at the intersection of State Highway 421 and S.R. 3 early Wednesday morning.Anthony Hoegeman, 36, of Greensburg was the driver of an SUV that was found underneath the trailer portion of a semi, police said.Authorities received a call about the accident at 2:47 a.m. Greensburg Police requested an accident reconstructionist from the Indiana State Police to assist in the investigation and reconstruction of the crash scene.The intersection was closed for approximately three and half hours. The accident remains under investigation.Greensburg officers were assisted on the scene by the Indiana State Police, Decatur County Coroner’s Office, Decatur County Sheriff’s Department, Greensburg Fire and Decatur County EMS.last_img read more

State Police Offer Halloween Safety Tips

first_imgVERSAILLES, Ind. – State troopers are offering a few safety tips during the Halloween holiday.Parents and children will be out in full force over the next few days trick-or-treating and police would like to remind residents to observe a few rules that endorse a fun and safe evening:Try make-up instead of a mask. Masks often obstruct a child’s vision, which makes tasks like crossing the street and going up and down stairs dangerous.Make sure children wear light colors or put reflective tape on their costumes.Make sure older children trick-or-treat with friends. Together, map out a safe route so parents know where they will be.Instruct children to stop only at familiar homes where the outside lights are on.Encourage children to trick-or-treat while it’s still light out. If children are out after dark, make sure they have flashlights and travel on well lighted streets.Remind children not to enter the homes or cars of strangers.Remind children not to eat any of their treats until they get home.Check out all treats at home in a well-lighted place.Only eat unopened candies and other treats that are in original wrappers. Remember to inspect fruits for anything suspicious.Motorists are reminded that they should also do their part in making Halloween safe for children.last_img read more

Drug investigation removes Greenwood Junior High School golf coach from the clubhouse

first_imgColumbus, In. — An Indiana State Police drug investigation in central Indiana resulted in the arrest of the head varsity golf coach at a Greenwood school.On Tuesday the Indiana State Police All Crimes Policing Team and Bartholomew County Joint Narcotics Enforcement Team stopped a vehicle driven by Benjamin Beatty, 37, of Columbus, on State Road 46 near Carr Hill road. After Beatty resisted officers a search of his vehicle was conducted.During the search, police recovered an ounce of suspected methamphetamine, heroin and drug paraphernalia. Police then requested and received a search warrant for his Lafayette Street home and a motel room rented in his name, both in Columbus. At those locations, police found more methamphetamine, heroin, marijuana, syringes, packaging material, counterfeit currency and paraphernalia.During the course of the investigation, police learned Beatty was the varsity golf coach at the Greenwood Junior High School.last_img read more