July 5

Is the 15% dividend yield on BP shares safe?

first_img 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. 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. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Over the past few weeks, the BP (LSE: BP) share price has plunged in value. After these declines, BP shares now support a dividend yield of 15%. That’s more than double the market average.The big question is, can investors rely on this market-beating income stream, or should you be looking elsewhere for income?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…Lower production costsThe oil giant has been hit by a double gut punch this year. First of all, the coronavirus outbreak has slammed demand for oil and petroleum products around the world.And secondly, the decision by Saudi Arabia and the rest of OPEC to increase oil production at such a sensitive time has sent the price of black gold plunging to a multi-decade low.The good news is that BP is, to some extent, already prepared for this market. When the oil price last crashed in 2014, the company undertook a massive restructuring program, cutting costs across the board.These actions have positioned the company well for the current market. At the beginning of 2018, the business told investors that its average unit production cost was down 46% since 2013.BP’s then head of upstream, Bernard Looney, claimed that the group’s global production costs had fallen from around $13 a barrel in 2013 to $7 for 2018.The average cost of production varies from region to region. However, reports suggest that the company’s cost of production in the North Sea is less than $15 a barrel. That’s down from more than $30 in 2014.These numbers imply that even with oil trading below $30 a barrel, BP is earning a profit on every barrel it produces. That said, these figures exclude other costs, such as exploration spending, maintenance and head office costs.Still, the amounts show BP has the capacity to endure the current market environment.BP shares on offerAt this stage, it is not very easy to say if BP can maintain its dividend at the current level. Nevertheless, the company has plenty of options. As noted above, production costs are low, which should help the firm continue to cover basic costs.If the oil price downturn persists for an extended period, management will have to cut costs further. They will also need to reduce capital spending. In this scenario, the dividend could be for the chop, although before eliminating the payout entirely, BP might turn to a scrip alternative.The company did this in the last oil price crash. Rather than paying investors in cash, it offered shares instead. These actions reduced pressure on the group’s balance sheet and cash flows.When the market had settled down, the group resumed cash payouts.It seems likely that it will use the scrip alternative this time around as well. The company might also cut the overall distribution. A 50% cut would still leave BP shares yielding 7.5%.A combination of both will allow management to continue rewarding investors while keeping the balance sheet in order.As such, it looks as if BP shares will remain attractive from an income perspective.center_img “This Stock Could Be Like Buying Amazon in 1997” 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. Is the 15% dividend yield on BP shares safe? Rupert Hargreaves | Sunday, 22nd March, 2020 | More on: BP Rupert Hargreaves has no position in any share mentioned. 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. See all posts by Rupert Hargreaveslast_img read more

June 12

Two gang members get life for journalist’s murder, a third is acquitted

first_img October 11, 2019 Find out more Violence against the press in Haiti: RSF and CPJ write to Minister of Justice December 13, 2007 – Updated on January 20, 2016 Two gang members get life for journalist’s murder, a third is acquitted Journalist shot dead amid anti-government protests in Haiti News News Receive email alerts HaïtiAmericas RSF_en November 14, 2019 Find out more News Organisation The trial of four local militia members for the December 2001 murder of journalist Brignol Lindor ended yesterday with two being sentenced to life imprisonment and one being acquitted. The case against the fourth was dismissed on a technicality, but he could still face trial for the murder. Another journalist murdered in Haiti to go further Reporters Without Borders hails the outcome of a two-day trial before a court of assizes in the southern town of Petit-Goâve in which two members of a local militia known as Domi nan Bwa were yesterday given life sentences for the murder of Radio Echo 2000 journalist Brignol Lindor on 3 December 2001. Of the two other alleged militia members on trial , one was acquitted because of mistaken identity and the other got off on a technicality, because he was identified by the wrong first name. Reporters Without Borders regards this as an indication of shortcomings in the preparation of the trial. Six other members of the militia are due to be tried, but have not yet been arrested.“The life sentences are proportionate to the particularly barbaric way Lindor was murdered,” the press freedom organisation said. “A trial, especially one of this importance, nonetheless needs a prosecution case that is complete and sound, and ensures that all those involved are present in the courtroom.”Reporters Without Borders added: “We doubt that the order issued by the presiding judge regarding the six other militiamen charged in this case, who are still fugitives, will have a persuasive effect. They must be arrested quickly. We are still waiting to find out to what degree the former Petit-Goâve municipal authorities were involved in Lindor’s murder.”The two defendants who received life sentences were Joubert Saint-Juste and Jean-Rémy Démosthène (see picture below). For the time being, they are still being held in Petit-Goâve, but they could be transferred to the national penitentiary in Port-au-Prince to serve their sentences.Simon Cétoute, 56, was acquitted because witnesses failed to identify him and because the court acknowledged that he had been arrested instead of one of his sons who recently died in the nearby town of Léogâne. The case was dismissed against a fourth defendant, known as Fritznel Doudoute, because the first name, “Fritznel,” by which he was referred in the indictment, was not his real name, which is Lionel. Nonetheless, he was formally identified in court by witnesses as one of the participants in Lindor’s murder, and he could still be tried. Petit-Goâve state prosecutor Kébreau Zamor announced that a new case would be opened against.A case could also be opened against Bony Dumay, Petit-Goâve deputy at the time of the murder, who is alleged to have incited violence against Lindor. He was a witness during the trial but so far he has never been charged.In a statement to the press at the end of the trial, judge Emmanuel Tataye gave the six other Domi nan Bwa members, who were charged in 2002 and for whom arrests warrants are still pending, until 16 December to surrender, failing which they would be declared “rebels against the law” and would have “their rights as citizens suspended and their property seized.” Help by sharing this information Follow the news on Haïti News HaïtiAmericas June 11, 2019 Find out morelast_img read more

June 12

The ruling Supreme Council of the Armed Forces organized a forum on the Egyptian media

first_img Organisation The ruling Supreme Council of the Armed Forces organized a forum on the Egyptian media to which the main political groupings and leading media figures were reportedly invited although a list of guests was not released. The Council said civil society organisations could submit their demands by fax. Reporters Without Borders voiced concern that the armed forces would use the forum to dodge criticism of recent abuses for which it was responsible. It called on the council to listen to the demands for media freedom and to show new respect for the work of journalists. RSF_en Help by sharing this informationcenter_img News June 5, 2011 – Updated on January 20, 2016 The ruling Supreme Council of the Armed Forces organized a forum on the Egyptian medialast_img read more

June 12

Pasadena Police Officer, Subject of Federal Investigation, Placed on Leave

first_img More Cool Stuff Business News Herbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeauty10 Easy Tips To Help You Reset Your Sleep ScheduleHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeauty8 Celebrities Who’ve Lost Their FandomsHerbeautyHerbeautyHerbeauty10 Brutally Honest Reasons Why You’re Still SingleHerbeautyHerbeauty Name (required)  Mail (required) (not be published)  Website  Subscribe 0 commentsShareShareTweetSharePin it Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Make a comment Top of the News A Pasadena police officer has been placed on paid administrative leave after federal agents from Alcohol, Tobacco and Firearms (ATF) executed a search warrant at the officer’s home Thursday morning as part of an investigation unrelated to the officer’s on-the-clock duties, according to a City spokesperson.Pasadena Public Information Officer William Boyer said that the unidentified officer cooperated with ATF agents during their search of the home. Boyer said the officer has not been arrested, nor are there any charges that have been filed to initiate an arrest.The ATF investigation is ongoing at this time.In keeping with Pasadena Police Department policy, Chief Sanchez placed the officer on paid administrative leave and has initiated an Internal Affairs review, Boyer said.The officer’s status is paid administrative leave subject to the outcome and review of the Internal Affairs findings and the results of the ATF investigation.Pasadena City Manager Steve Mermell and Chief Sanchez emphasized tonight that they take the matter with the utmost seriousness. The City and its representatives will continue to cooperate fully with the ATF investigators on this case.“Chief Sanchez has asked me to share that he, along with the men and women of the Pasadena Police Department, continue to be proud members of the department and this will not deter them from their important commitment of public safety and to ensure the well-being of our residents, visitors and others who work in Pasadena,” Boyer said. First Heatwave Expected Next Week center_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Your email address will not be published. Required fields are marked * EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes latest #1 Pasadena Police Officer, Subject of Federal Investigation, Placed on Leave Published on Thursday, February 16, 2017 | 6:53 pm Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

May 26

Centre Appoints Advocate Aniruddha Roy As Additional Judge Of Calcutta HC [Read Notification]

first_imgNews UpdatesCentre Appoints Advocate Aniruddha Roy As Additional Judge Of Calcutta HC [Read Notification] LIVELAW NEWS NETWORK1 May 2020 7:43 PMShare This – xThe Central Government has notified the appointment of Advocate Aniruddha Roy as an Additional Judge of the Calcutta High Court, for a period of two years. The Supreme Court Collegium had reiterated its recommendation to elevate him as a judge in January this year. Earlier, the Collegium had recommended his name vide resolution dated October 24, 2018. However, the Centre did not…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Central Government has notified the appointment of Advocate Aniruddha Roy as an Additional Judge of the Calcutta High Court, for a period of two years. The Supreme Court Collegium had reiterated its recommendation to elevate him as a judge in January this year. Earlier, the Collegium had recommended his name vide resolution dated October 24, 2018. However, the Centre did not move forward with the recommendation at that time. Read Notification Next Storylast_img read more

May 25

Photo Gallery: Beautiful fall photos by our readers

first_img TOMPKINS COUNTY, N.Y. — Bright foliage and beautiful fall weather have created perfect opportunities for photos lately.The Ithaca Voice asked readers to submit photos of some of their favorite scenes this fall season and this editor’s inbox was filled this weekend (happily) with photos that represent what makes this area so beautiful. Your Arts & Culture news is made possible with support from: Tagged: Autumn, fall 2019, fall photos, ithaca, ithaca falls, Photo Gallery, reader photos, taughannock falls, tompkins county According to the latest fall foliage report for New York, foliage is around peak color, or a little past, in Tompkins County. According to iloveny.org, observers in Tompkins were expecting more than 75% leaf transition by the weekend, with shades of yellow, bright orange, and dark red with pockets of bright red. Readers captured those bright colors along Cayuga Lake, on the waterfront trail, at Taughannock Falls State Park and in local forests.Thank you to everyone who submitted photos!Enjoy the photos below. If you hover over the image, you’ll see the photographer’s name and where and when it was taken. Clicking any image will bring you to a bigger slideshow (which we recommend).[Best_Wordpress_Gallery id=”49″ gal_title=”Fall 2019 Reader Gallery”] Kelsey O’Connor Kelsey O’Connor is the managing editor for the Ithaca Voice. Questions? Story tips? Contact her at [email protected] and follow her on Twitter @bykelseyoconnor. More by Kelsey O’Connorlast_img read more

May 12

Volvo to save £7.5m with online induction scheme

first_imgRelated posts:No related photos. Volvo to save £7.5m with online induction schemeOn 3 Sep 2002 in Personnel Today Previous Article Next Article Comments are closed. Swedishcar giant Volvo is hoping a new e-based induction scheme can improve theconsistency of its training and save around £7.5m over the next five years.Thecompany expects to reduce the cost of training inductions by 90 per centthrough the increased efficiency provided by the online system. Theproject will also deliver increased harmonisation around the globe by providingan identical induction process for Volvo’s 57,000 worldwide staff. Itwill be delivered in several European languages, and used as a learning tool byall staff in more than 100 countries.Underthe programme, developed by Line Communications, the firm will monitor itscorporate induction training to ensure it is effective and relevant.Vice-presidentof people and competence development at Volvo, Lisskulla Lindstrom, said thesystem allows staff joining the company to get an immediate induction, whichdrives motivation and performance.”Aconsistent global induction for all our employees will help us develop andmaintain a strong corporate culture and provide financial savings,” shesaid.Theprogramme uses a range of multi-media features to provide an engaging learningexperience, said Lindstrom. She hopes it will develop an integrated trainingculture. “This project represents our ongoing commitment to employees byproviding focused, high-quality training material,” she added.www.volvocars.comByRoss Wighamlast_img read more

May 9

Is current management of the Antarctic krill fishery in the Atlantic sector of the Southern Ocean precautionary?

first_imgThis paper explains the management of the Antarctic krill (Euphausia superba) fishery in the Atlantic sector of the Southern Ocean, and current knowledge about the state of the regional krill stock. In this region, krill fishing is permitted in an area of approximately 3.5 million km2 which is divided into four subareas (labelled Subareas 48.1 to 48.4) for management and reporting purposes. The effective regional catch limit (or ‘trigger level’), established in 1991, is 0.62 million tonnes year–1, equivalent to ~1% of the regional biomass estimated in 2000. Each subarea has also had its own catch limit, between 0.093 and 0.279 million tonnes year–1, since 2009. There is some evidence for a decline in the abundance of krill in the 1980s, but no evidence of a further decline in recent decades. Local-scale monitoring programs have been established in three of the subareas to monitor krill biomass in survey grids covering between 10 000 and 125 000 km2. Cautious extrapolation from these local monitoring programs provides conservative estimates of the regional biomass in recent years. This suggests that fishing at the trigger level would be equivalent to a long-term exploitation rate (annual catch divided by biomass) of <7%, which is below the 9.3% level considered appropriate to maintain the krill stock and support krill predators.Subarea catch limits exceed 9.3% of conservatively estimated subarea biomass in upto 20% of years due to high variability in krill biomass indices. The actual exploitationrate in each subarea has remained <3% because annual catches have been <50% of thetrigger level since 1991. Comparison with the 9.3% reference exploitation rate suggeststhat current management is precautionary at the regional scale. The subarea catch limitshelp prevent excessive concentration of catch at the subarea scale. Finer-scale managementmight be necessary to manage the risk of adverse impacts which might occur as aresult of concentrated fishing in sensitive areas or climate change. Frequent assessmentof the krill stock will enhance CCAMLR’s ability to manage these risks. Continuing thelocal monitoring programs will provide valuable information on krill variability, but moreinformation is required on how the monitored biomass relates to biomass at the subareaand regional scales.last_img read more

May 4

France: Thales Sonars Pass Qualification Sea Trials for FREMM Frigate Programme

first_img View post tag: News by topic Training & Education France: Thales Sonars Pass Qualification Sea Trials for FREMM Frigate Programme View post tag: sea View post tag: trials View post tag: Qualification View post tag: Pass View post tag: Sonars October 26, 2012 View post tag: Navycenter_img View post tag: Thales View post tag: programme View post tag: Frigate The official qualification trials of the sonars for the FREMM frigate programme took place over a six-week period in June and July 2012 on the FREMM frigate Aquitaine in the Bay of Biscay. The successful trials are the culmination of nine months of testing with the UMS 4110 CL bow-mounted sonar and CAPTAS 4249 towed-array sonar, which have now achieved Level 1 at-sea qualification.The qualification trials covered the active, passive and obstacle-avoidance functions of the sonars and were conducted for DCNS, the European armaments procurement agency OCCAR, the French Defence Procurement Agency (DGA, Direction générale de l’armement) and the French Navy.The Thales sonars demonstrated unparalleled levels of performance, including very long-range anti-submarine detection and simultaneous anti-torpedo defence capabilities.The CAPTAS 4249 sonar is based on very low-frequency passive and active arrays to provide operators with an exceptional reach on silent targets. It is equipped with a quick deployment system for lowering it into the water. Its long-range detection capability will allow FREMM frigates to maintain a tactical advantage over submarines. Thales has more than 20 years’ experience in this field and is the world leader in very low-frequency variable-depth sonars. CAPTAS is the only active low-frequency variable-depth sonar in service with NATO forces and other leading navies around the world.The UMS 4110 CL is a long-range sonar for offensive anti-submarine operations and frigate self-defence. This hull-mounted sonar is designed for multi-mode operation and can operate simultaneously in active surveillance mode for anti-submarine warfare and obstacle avoidance, as well as in passive mode for listening only or for tracking torpedoes. This system incorporates the very latest underwater acoustic technologies, giving FREMM frigates cutting-edge detection capabilities to counter a broad range of threat profiles in all environments.“We are extremely satisfied with the results of these qualification trials,” said Benoit Plantier, CEO of Thales Underwater Systems. “The Thales sonars met all expectations in terms of their performance and are now fully qualified in line with the programme delivery schedules. This success further demonstrates the remarkable capabilities of our systems as well as our ability to satisfy our customers.”FREMM frigates are built under DCNS prime contractorship. They are among the most technologically advanced and competitively priced vessels on the world market. These heavily armed warships carry state-of-the-art weapons and systems including the Herakles multifunction radar, Aster anti-air missiles, Exocet MM40 anti-ship missiles and MU90 torpedoes.Thales is a global leader in underwater acoustics. With their unparalleled detection range, these latest-generation sonars give the FREMM frigates a critical anti-submarine warfare capability and a significant advantage in today’s increasingly diverse threat environment.[mappress]Naval Today Staff,October 26, 2012; Image: Thales View post tag: FREMM View post tag: Naval Back to overview,Home naval-today France: Thales Sonars Pass Qualification Sea Trials for FREMM Frigate Programme Share this articlelast_img read more

April 21

Reporting in

first_img== Nick Harris == Managing director, BFP WholesaleFollowing on from the welcome news that the National Association of Master Bakers (NA) has created an action group to promote the craft baking industry, are there lessons to be learnt from how large companies address their marketing?Household budgets are tighter than for many years, so the supermarkets have entered another price war, grabbing the headlines with some incredible discounts. Should the independent craft baker follow the prices down and, if not, what can they do? One strategy is to promote the heritage and provenance of the branded product, highlighting quality and tradition.Many of our independent craft bakery customers use promotions that we and our competitors run, but does this really help? Surely the real challenge for this sector is to encourage more people into the shops, who will then spend as much as they can afford during their visit.The recently launched NA action group has an objective to remind people that the independent baker has an important commercial and social role in the community and also to inspire the baker to maximise their involvement in this local position.So why not a marketing campaign for all the independent bakeries, highlighting the quality, tradition and convenience of your local master baker? Could the two craft bakery trade organisations and the ingredients’ trade body not work together on a national campaign to promote the sector as a whole? Suppliers would surely support this initiative, so why can’t the independent bakeries have their own national Offer of the Month, highlighting the positive messages as to why this sector is so important?last_img read more