Wells Fargo: No New HELOCs Due to Current Market Conditions

first_img Demand Propels Home Prices Upward 2 days ago in Daily Dose, Featured, News Wells Fargo: No New HELOCs Due to Current Market Conditions HELOC Wells Fargo 2020-05-04 Mike Albanese Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: The Week Ahead: Mortgage Leaders Discuss Pandemic Response Next: Survey: 36% of Americans May Miss Housing Payments The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Mike Albanese Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: HELOC Wells Fargo Subscribe Mike Albanese is a reporter for DS News and MReport. He is a University of Alabama graduate with a degree in journalism and a minor in communications. He has worked for publications—both print and online—covering numerous beats. A Connecticut native, Albanese currently resides in Lewisville. Sign up for DS News Daily Wells Fargo said Monday that it decided to stop accepting applications for all new home equity lines of credit (HELOC) due to current market conditions. Michale King, VP of Corporate Communications, Southwest Region, of Wells Fargo said the bank made the decision to temporarily stop accepting HELOCs temporarily due to “uncertainty around the timing and scope of the anticipated economic recovery.”“The temporary suspension of HELOC applications will continue until our analysis of market conditions indicates that it is appropriate to resume the responsible extension of HELOCs to homeowners,” King said.A report by the Charlotte Business Journal revealed JPMorgan Chase & Co. stopped accepting applications for HELOCs in April. Bank of American continues to offer new HELOCs. A Chase Home Lending Spokesperson said the bank is temporarily balancing its risk so it can support “our customers when they really need it.”“To protect our customers and our bank through economic uncertainty, we’re temporarily strengthening our credit standards across the board—and in some cases, either pausing new applications or focusing on established customers only,” the Chase Home Lending Spokesperson said.The report added Wells Fargo will have employees move from working on HELOCs to processing mortgages for home purchases and refinances, which is a growing segment of the market due to low-interest rates. Freddie Mac’s Primary Mortgage Market Survey revealed the average rate for a 30-year fixed-rate mortgage fell to 3.23%—the lowest rate in the 49-year history of the survey. “The size and depth of the secondary mortgage market are helping to keep rates at record lows. These low rates are driving higher refinance activity and have modestly helped improve purchase demand from their extremely low levels in mid-April,” said Sam Khater, Freddie Mac’s Chief Economist. “While many people are benefiting from low mortgage rates, it’s important to remember that not all people are able to take advantage of them given the current pandemic.”Redfin also found that its Mortgage Credit Availability Index fell 16% in March to its lowest levels in five years. The report said banks are growing wary of borrowers requesting delayed payments in forbearance programs. As estimated 25% of the loans written by Redfin last quarter may not have been possible to originate under new standards. JPMorgan Chase raised its credit score minimum to 700 and began requiring applicants to have enough savings for a 20% down payment. Wells Fargo is also shying away from riskier loans for borrowers who are unable to provide down payments of 20% and increased its FICO-score requirement to 680.Additionally, Reverse Mortgage Daily reports that a group of attorneys from 27 states, led by New York Attorney General Letitia James, sent a letter to the Secretary of the U.S. Department of Housing and Urban Development (HUD), Dr. Benjamin Carson, requesting HUD to take further actions to protect seniors with Home Equity Conversion Mortgages who have been impacted by COVID-19. The report states that while the group approves of HUD’s recent actions, the response to protect seniors has been lacking. “Our national response […] must continue to evolve to meet the impact of COVID-19,” the letter reads. “The proposals outlined in this letter are based on our collective experience with past disasters and financial crises, and our acknowledgment that COVID-19 will present unprecedented challenges to senior homeowners and the mortgage servicing industry. We urge HUD to implement these recommendations to ensure that senior homeowners are given a fair opportunity to retain their home as we fight this pandemic together.” Home / Daily Dose / Wells Fargo: No New HELOCs Due to Current Market Conditions Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago May 4, 2020 1,623 Views last_img read more

About 40 PBSO Deputies Quarantined for Possible Exposure to COVID-19

first_imgAbout 40 Palm Beach County Sheriff’s Office deputies are being quarantined after their possible exposure to the novel coronavirus, spokeswoman Teri Barbera told WPTV NewsChannel 5 on Friday morning.The deputies are in self-quarantine at their homes after coming into contact with someone who had symptoms of the coronavirus, Barbera said.No other information was immediately available.Three deputies have already tested positive for COVID-19.Barbera previously said two of the deputies were in quarantine at their homes, while a third was in a hospital in critical condition.She said one deputy worked at the Palm Beach County Main Detention Center on Gun Club Road near West Palm Beach, and another worked about 40 miles away at the west county jail.last_img read more

Faulty Pipe May Have Been Source of Highlands Beach Pollution

first_imgHIGHLANDS – For several weeks this hot summer, two local borough beaches on Sandy Hook Bay have been closed due to high levels of pollution by raw sewage in the water.But borough officials are feeling confident they have cut off the source of the spill.A sewer inspection company conducted an inspection via cameras of the sewer lines in town on June 30, finding two breaks in piping at the Waterwitch and South Linden avenues intersection. Borough administrator Brian Geoghegan said the raw sewage had made its way to public beaches by “seeping out and finding its way into our storm sewer drains.”Borough Council President Carolyn Broullon said identifying the source was a priority for the shore town and its beachgoers. “Everybody’s concerned for the health of them and their families,” said Broullon. “As soon as we knew about this issue, we jumped on it.”High bacterial counts began showing up in late May and early at Miller Beach and at Highlands Recreation Center when results came back above the state-mandated threshold. Highlands officials shut the beaches down on June 22.Following the discovery of the pipe leak the following week, emergency declaration paper work was filed on July 3. Construction to fix the breaks was delayed by the July 4th holiday but was completed on July 6, when Broullon said crews worked throughout the day to make the repairs.The cost of the repairs is not yet known.Water testing is conducted each Monday by county health officials and results are reported to the New Jersey Department of Environmental Protection’s Cooperative Coastal Monitoring Program on NJBeaches.org.The threshold between safe and unsafe water is 104 colony forming units (CFU) per 100 milliliters of sample. Any number below that level is safe to swim in, but a reading above that means a beach is put on advisory and tested on subsequent days until it reads clean again.At the Highlands Recreation Center beach, four of 11 tests showed elevated readings so far this summer. The highest was on June 5, when the test came back reporting 920 cfu/100 ml.Down a few blocks at Miller Beach, the most polluted sample was recorded on May 31, coming in at 310 cfu/100 ml. Five of 12 samples at Miller Beach to date were recorded above the threshold.“The numbers we were seeing for both the Miller and Rec beaches did stand out to us,” said Dan Kennedy, NJDEP assistant commissioner for water resource management. By Jay Cook | The Cooperative Coastal Monitoring Program supervises testing of water samples at over 200 ocean and bay stations throughout the state which are taken each Monday by respective county health officials.The state is on the lookout for enterococcus, a bacterium found in human waste, which can be harmful to humans. Nausea, vomiting, diarrhea, abdominal pains, respirator y issues and flu-like symptoms are all possible ailments associated with swimming in polluted water, per NJDEP.County health officials tested the two Highlands beaches on schedule bright and early on Monday, July 10, and the results provided a glimmer of hope for anxious swimmers.The Recreation Center beach tested at 50 cfu/100 ml, and Miller Beach was marked at 40 cfu/100ml, well below previous readings.“The monitoring program did its job and it has identified issues actively,” Kennedy said.Both the borough and the state noted that one normal reading doesn’t wipe the slate clean. Broullon said Highlands is looking for three consecutive clean reads before they would reconsider opening the beaches. According to the borough website, the mayor and council have requested additional sampling on Thursday. If those results, which are expected Friday, remain within acceptable limits, the beaches will reopen Saturday.The beach closures didn’t stop residents from getting some sun this past weekend. At 1 p.m. on Sunday there were about 40 people at the Recreation Center beach.“I’m disappointed,” said Peri Marando, a Highlands resident of over 20 years, from beneath her beach umbrella. “I hope they can clean up this problem as soon as possible, but I understand it’s not that easy to fix.”Despite a “Water Closed” sign straddled by a red flag and another “No Swimming” notice tied to a vacant lifeguard stand, two people were in the water – a young girl right at the foot of the shore and an older woman with her lounge chair cranked back, lounging as waves washed past her.Broullon is optimistic the borough can put this issue behind them.“We hope this is all fixed and that we can get our beaches back open,” she said.This article was first published in the July 13-20, 2017 print edition of The Two River Times.last_img read more

MIDNIGHT LUTE STAKES QUOTES – SATURDAY DECEMBER 31, 2016

first_imgPETER MILLER, SOLID WAGER AND ST. JOE BAY (DEAD HEAT), WINNER: “This is unbelievable. Both horses ran super. Both riders rode super. I couldn’t call it and obviously the Stewards couldn’t either, so I’m just elated for everyone involved.“Watching it live I thought the two won, then when I watched the replay I thought the three won and when they put up the “DH” I didn’t know what to do!” JOCKEY QUOTES             NOTES: The winning owners of Solid Wager are Gary Barber, Cecil Barber and Stanford Stable. The winning owners of St. Joe Bay are David Bernsen and Altamira Racing Stable. -30-             VICTOR ESPINOZA, SOLID WAGER, WINNER (DEAD HEAT): “The way the track is, and the weather…I thought ‘ok I’ll get all dirty and it could be an experience’ but it’s my last race of the year so I’ll just go for it.“He’s such a cool horse. He likes to just take his time and he tries as hard as he can down the stretch. I was only watching Kent on St. Joe Bay and no one else. His was the only horse I was concerned about getting by down the lane because everyone else looked like they were struggling.“Sure enough, it was just between the two of us at the wire. It was awesome. When I crossed the wire I couldn’t tell but I was in front of him just a jump after. Kent thought he won right away but I said ‘Hey. Don’t be so sure.’ It’s not often this happens and to do it in a graded stakes for the same trainer?!” KENT DESORMEAUX, ST. JOE BAY, WINNER (DEAD HEAT): “This is incredible for Pete. Dead Heats are not abnormal, but what is totally unique is being in a dead heat for the same trainer. I’ve ridden 40,000 horses, and that’s only happened to me one other time. It was for Richard Mandella, maybe in 1992, in the Beverly at Hollywood Park.“There were no losers. We had two horses on the same team in the race, and we tied.“I had a rough trip. He leaves the gate like a Quarter Horse, and he jumped over every hoof print and all the tractor marks. I really sat down on him leaving the chute and coming on to the main track. He pitched himself well in front, and threw on the brakes. I know for certain that the other horse was lucky to tie, but it’s a good year for Pete, and sometimes things are just out of your hands.” TRAINER QUOTESlast_img read more

Another candidate enters the race to sit on Board of Trustees

first_imgThe new candidate is Tanya Clary, and according to Civic Info B.C., she joins Jeffrey Richert as the two running without prior experience in this particular political setting.The two incumbents on the list of candidates include Ida Campbell and Darrell Pasichnyk, while Erin Evans, who’s also looking to be elected, reportedly severed on the trustee’s board prior to 2011.The school board is still looking for two more candidates in order to complete the trustee board’s assembly with seven members.- Advertisement -The deadline to submit an application to sit on the trustee’s board ends this Friday.last_img read more

Balotelli gets Italy recall from new coach Mancini

first_imgBalotelli was last called up by coach Antonio Conte in November 2014 but did not play because of injury.He has now been given another chance by Mancini, who coached him at both Inter Milan and Manchester City.Balotelli has resurrected his career since joining Nice in 2016 after less successful spells with AC Milan and Liverpool, scoring 26 goals from 37 appearances in all competitions this season.As a youngster, Balotelli was part of the Inter side coached by Jose Mourinho, now of Manchester United, that won the Champions League in 2010.He also won three Serie A titles with Inter before switching to Manchester City and helping them claim the Premier League crown in 2012.Mancini was appointed last Monday, six months after Gian Piero Ventura was sacked following the four-time world champions’ failure to qualify for the World Cup for the first time since 1958.Mancini takes charge of his first game against the Saudis in St Gallen, Switzerland on May 28.The Italians will play further friendlies against France in Nice on June 1 and the Netherlands, who also failed to reach the World Cup, three days later in Turin.Mancini named an initial 30-man squad that will meet for the first time at the Italian national team’s training camp at Coverciano near Florence on May 23.Five players have been given a first call-up — Chelsea left-back Emerson Palmieri, Torino midfielder Daniele Baselli, Crotone midfielder Rolando Mandragora, Sassuolo striker Domenico Berardi and Atalanta defender Mattia Caldara.Italy squadGoalkeepers: Gianluigi Donnarumma (AC Milan), Mattia Perin (Genoa), Salvatore Sirigu (Torino);Defenders: Leonardo Bonucci (AC Milan), Mattia Caldara (Atalanta), Domenico Criscito (Zenit St Petersburg/RUS), Danilo D’Ambrosio (Inter Milan), Mattia De Sciglio (Juventus), Emerson Palmieri Dos Santos (Chelsea/ENG), Alessio Romagnoli (AC Milan), Daniele Rugani (Juventus), Davide Zappacosta (Chelsea/ENG)Midfielders: Daniele Baselli (Torino), Giacomo Bonaventura (Milan), Bryan Cristante (Atalanta), Alessandro Florenzi (Roma), Jorginho (Napoli), Rolando Mandragora (Crotone), Claudio Marchisio (Juventus), Lorenzo Pellegrini (Roma)Forwards: Mario Balotelli (Nice/FRA), Andrea Belotti (Torino), Domenico Berardi (Sassuolo), Federico Bernardeschi (Juventus), Federico Chiesa (Fiorentina), Ciro Immobile (Lazio), Lorenzo Insigne (Napoli), Matteo Politano (Sassuolo), Simone Verdi (Bologna), Simone Zaza (Valencia/ESP)0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Mario Balotelli has rediscovered his best form since joining Nice in 2016 © AFP/File / Boris HORVATTURIN, Italy, May 19 – New Italy coach Roberto Mancini on Saturday recalled Nice striker Mario Balotelli for three friendlies against Saudi Arabia, France and the Netherlands.The 27-year-old Balotelli has scored 13 goals in 33 appearances for the Azzurri but has not played international football since Italy’s humiliating group-stage exit from the 2014 World Cup.last_img read more

De Boer fired by impatient Palace after only 4 games

first_imgFrontrow holds fun run to raise funds for young cancer patients  Facing yet another fight to avoid relegation from the world’s richest league, Palace seems destined to lurch back to survival mode. That likely means regressing to the style of play that Allardyce and Pulis developed, namely being more obdurate at the back and hitting teams on the break.The well-travelled Hodgson does not have a definitive preferred playing style, although his time with England from 2012-16 was marred by dull and cautious performances at major tournaments. He hasn’t coached since leaving the England job after the country’s elimination by Iceland at last year’s European Championship, and his last job as a club manager was at West Bromwich Albion from 2011-12.Arriving on a three-year deal , De Boer had ambitions of making Palace entertaining to watch and integrating more youth-team players. Parish and the club’s American owners — David Blitzer and Josh Harris — backed this bold vision.They have acted decisively, though maybe prematurely, in removing De Boer. BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight E.T. returns to earth, reunites with grown-up Elliott in new ad  Nonong Araneta re-elected as PFF president WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games MOST READ Read Next Don’t miss out on the latest news and information. LATEST STORIES Fire hits houses in Mandaluyong City LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Crystal Palace manager Frank de Boer gestures on the touchline during the English Premier League soccer match against Burnley at Turf Moor, Burnley, England, Sunday Sept. 10, 2017. (Martin Rickett/PA via AP)The impatience and short-term thinking in modern-day soccer was highlighted Monday when Frank de Boer was fired by Crystal Palace only four Premier League games into his task of changing the ingrained playing style of the English team.Hours after Palace chairman Steve Parish called for “some sense” regarding the speculation surrounding De Boer’s position, the club’s board decided to end the Dutchman’s 77-day stint in charge and thanked him for his “dedication and hard work.”ADVERTISEMENT View comments Brace for potentially devastating typhoon approaching PH – NDRRMC Palace has lost all four of its league matches under De Boer, without even scoring a goal. The last team to make such a start in England’s top flight was Preston in 1924.Still, it was undeniable that De Boer needed time to implement a more expansive and entertaining style of play requested by the club’s hierarchy, which is a giant leap from the pragmatism, directness and counter-attacking favored by two of Palace’s three most recent managers — Sam Allardyce and Tony Pulis.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutIn terms of games played, De Boer’s tenure is the shortest of any permanent manager in Premier League history.Palace lost to Huddersfield, Liverpool and Swansea before the international break, and then 1-0 to Burnley on Sunday despite an improved display at Turf Moor which showed that De Boer’s methods might be starting to take effect. De Boer spoke after the game of having “hope for the future,” but he won’t be part of it. British media reported that former England coach Roy Hodgson, who is 70, was in line to take over at a club where he was a youth-team player in the 1960s.While De Boer was gaining plenty of sympathy for his plight, critics of the decision to fire him placed the blame on those who hired him in the first place. Why ask a manager to implement a new playing approach and not give him a decent opportunity to see the change through, especially after only one transfer window when De Boer was unable to bring in the kind of attacking players to suit the new style?“You try to ask a bit of time for your work,” Chelsea manager Antonio Conte said Monday, when asked about Palace’s decision. “To finish this experience after only four games, I’m sorry for him.”De Boer was in charge of Inter Milan in his previous job for just 84 days before being fired early last season. He didn’t even last that long in his first foray into English soccer.As a former player and coach at Ajax and also a former Barcelona player, De Boer is wedded to a philosophy of possession and fluidity generally favored by the Dutch. It got results at Ajax — he won four straight league titles — but he has found it difficult to transfer that abroad.ADVERTISEMENT Surprising start to season: Madrid struggles, Barcelona thriveslast_img read more

Husky gets OK from Saskatchewan government to restart pipeline after major spill

first_imgREGINA – The Saskatchewan government has given Husky Energy the OK to restart a pipeline after a major oil spill along the North Saskatchewan River that fouled the water source for three cities.The government said in an email to media on Thursday that testing, inspection and evaluation of the repairs to the line have been done.In July 2016, the pipeline leaked 225,000 litres of heavy oil mixed with diluent onto a riverbank near Maidstone, Sask. About 40 per cent of the spill reached the river.The oil plume flowed hundreds of kilometres downstream and forced the cities of North Battleford, Prince Albert and Melfort to shut off their water intakes for almost two months.Husky’s own investigation determined that the pipeline buckled because of ground movement. The company has said it accepts full responsibility and is using what it learned to improve operations.The government email said measures have been taken to reduce the risk of a future failure at the same spot. They include thicker pipe on the sloped portion of the pipeline.Other steps include adding meters to monitor the rate of ground movement, state-of-the art fibre optics to track pipeline strain and slope movement.Husky will also have to submit weekly data from gauges measuring strain on the pipeline and submit an engineering assessment every 12 months of where the pipeline crosses the river.Part of the concern in the Husky spill was over how it was reported.The government was first told by a member of the public who spotted oil on the river. Government investigators later determined that the leak began July 20, the day before the spill was discovered. They found that the pipeline’s alarms were warning of potential problems and continued until the line was shut down for scheduled maintenance at 7:15 a.m. on July 21.Husky Energy has said pipeline monitoring indicated pressure anomalies at 8 p.m. on July 20 and the company started a shutdown at 6 a.m.Saskatchewan’s Justice Ministry is still reviewing Husky’s response to alarms before the spill to decide whether charges should be laid.Husky could face fines of up to $1 million a day under the Environmental Protection Act and $50,000 a day under the Pipelines Act in Saskatchewan. There could also be federal charges under the Fisheries Act.last_img read more

Grande Prairie RCMP warns public of travelling paving business

first_imgRCMP say these individuals are often travelling in rental vehicles and using rental equipment.It is said that they demand payment up front, either never complete the job or do a sub-par job, and leave with your money.Here are some tips to protect yourself from sales crime:If the deal is too good to be true, it probably isResearch any company/contractor prior to hiring themAsk for referencesMake efforts to know who you are speaking toAsk to see their business license and identificationTake steps to verify information prior to hiring a companyDo not pay upfront prior to the start of a jobIf you have any information about similar incidents, you are being asked to call the Grande Prairie RCMP 780-830-5700 or CrimeStoppers at 1-800-222-TIPS. GRANDE PRAIRIE, A.B. – Grande Prairie RCMP are warning the public of a travelling paving business following a fraud incident.On the morning of July 4, at around 11:00 a.m., Grande Prairie RCMP responded to an incident involving a travelling group offering paving services at discounted prices.According to Police, individuals are travelling door to door offering residential paving for a fraction of the cost claiming to be associated with reputable paving businesses.last_img read more

BC Hydro will be conducting geotechnical investigations

first_imgHUDSON’S HOPE, B.C. – Starting next week, BC Hydro will be conducting geotechnical investigations in various places throughout Hudson’s Hope.The purpose is to install and commission groundwater monitoring wells. By drilling small test holes at groundwater sample sites in different locations. According to BC Hydro, crews will be at each site for approximately two to three days.Investigations, tests and installations of groundwater monitoring wells will continue until the end of October. What to expect;There will be increased noise and vibration from drilling and hydro-vac trucks. Noise levels will be similar to construction noise.Traffic control personnel and signage will be in place.Work is expected to occur from 7:00 am – 7:00 pm from Monday to Saturday and 10:00 am – 7:00 pm on Sunday.No interruption in utility services will result from this work.last_img read more

Call me by your name Archiving history present of archrivals India Pak

first_imgNew Delhi: Gujarat in India, Gujrat in Pakistan; Hyderabad here and also there; Delhi Gate in Lahore and Lahori Gate in Patiala. Then there is the favourite sweetmeat of many Indians, the Karachi halwa, while the Pakistanis relish Bengali samosa. Some names have withstood the uneasy decades since Partition, standing out like little beacons of oneness in a landscape fraught with hostility but also hope between two neighbours sharing a border and age-old cultural ties. India-Pakistan, locked into a hyphenated relationship of a shared history and a divided present, is not just about rift but also about the many vestiges of unity that have survived seven decades. It’s about the names of streets, shops, monuments, food and more, say historians and others on both sides of the border. With the recent escalation in tensions following the Pulwama terror attack, this legacy has come under increasing strain. The spotlight of unwelcome attention fell on the Karachi Bakery in Ahmedabad and Bengaluru after the February 14 strike, which prompted the first aerial combat between the two countries since 1971 and led to the capture of an IAF pilot by Pakistan on February 27. Wing Commander Abhinandan Varthaman was released almost three days later on March 1. The managements of the two stores were told by vigilantes to hide Karachi’, Pakistan’s buzzing commercial centre, from their signboards. Forced to show their Indianness, they also put up a tricolour along with posters reading that the brand was established in 1953 by a Sindhi, Khanchand Ramnani, who migrated to India after Partition and is “absolutely Indian by heart”. The ripple effect of fear could be seen in other cities, including in the national capital, particularly the historic walled city. “All I can tell you is that we are as Indian as anyone standing or doing business in the street out here. Anyone judging our loyalty for this nation by the name of my shop, which is there for over good 50 years now, is despicable,” said an Old Delhi based trader.last_img read more

India is key focus area 3D printers next big thing

first_imgHouston: India is a very attractive market with high brand recognition for a computer hardware producer like Hewlett Packard, said HP Inc’s President for Asia Pacific and Japan, Tian Chong Ng. The Asia Pacific region — in which India is a key focus area — has been the fastest growing for HP and provided 16 per cent revenue growth last year. In Q1 of FY2019 it registered 8 per cent growth year-on-year, said Ng in the course of the HP Reinvent 2019 conference, the company’s largest global partner event. One reason for that is — India – and also the Asia Pacific region — tick marks on demographics trends which provide clear wins for HP: rapid urbanisation and more millennials are joining the work force. While HP is very positive on India and recognises its potential, there are no plans yet for setting up a manufacturing base in India. Ng said it already has a manufacturing base in China apart from others in Vietnam, Thailand and Japan. “There is an existing ecosystem in China and we don’t have plans for setting up a manufacturing base in India, he said. One focus area is the 3D printer, which offers HP great opportunity. Construction and automotive sectors are the focus areas here. Meanwhile, an MoU has been signed with the Andhra Pradesh government. “To be successful in India demands that we understand it,” he said. HP is also pushing gaming in a big way. However, this has not led to any thinking for manufacturing mobile phones in India, despite the high number of gamers in the country spurred by affordable android phones and cheap data. “Our strength is the PC business and we offer a whole family of products in that space,” Ng said.last_img read more

Lionel Messi breaks two La Liga records

first_imgLionel Messi reached another milestone in La Liga following his exploits against SD Huesca on Sunday nightThings didn’t get off to the smoothest of starts for Barcelona though when Colombian forward Cucho Hernandez grabbed a goal inside the third minute of the game at the Camp Nou for Huesca.But Messi spared the hosts’ blushes by putting the scoreline back level 13 minutes later.The Barcelona captain added his second goal and the side’s sixth of the day following an own-goal by Jorge Pulido and strikes by Luis Suarez, Ousmane Dembele, and Ivan Rakitic.Alex Gallar did add a consolation goal for Huesca before the end of the first-half.A Jordi Alba goal and an injury-time penalty by Luis Suarez sealed an 8-2 win for Barcelona.But the night belonged to Messi after setting up Rakitic for Barcelona’s fifth goal of the night.Sergio Ramos, Real MadridZidane reveals Sergio Ramos injury concern for Real Madrid Andrew Smyth – September 14, 2019 Zinedine Zidane has put Sergio Ramos’ availability for Real Madrid’s trip to Sevilla next weekend in doubt after withdrawing him against Levante.It means that the Argentina international has become the first-ever player in the history of La Liga to take his overall assist tally to 150.Messi’s 16th-minute strike against Huesca also means that he has scored against 37 out of the 40 teams he’s played against in Spain.5 – Current players most assists in the top five European leagues:1 – LIONEL MESSI: 1502 – Cesc Fàbregas: 1433 – Mesut Özil: 1284 – Cristiano Ronaldo: 122 5 – Dani Alves: 110Ace. pic.twitter.com/hbRi8imFF5— OptaJose (@OptaJose) September 2, 2018last_img read more

Kenai Man Arrested For Stabbing Nurse With Ballpoint Pen

first_imgAccording to SPD in a dispatch released on June 28, Hancock had become angry with hospital staff and physically attacked one of the nurses, stabbing him in the throat with a ballpoint pen he had been concealing. Hancock was taken to Wildwood and is currently being held without bail. The nurse was treated for minor injuries. Facebook0TwitterEmailPrintFriendly分享The Soldotna Police Department was dispatched to the emergency department at Central Peninsula Hospital for a report that a patient had stabbed a staff member.center_img On June 20, at 5:22 a.m., SPD arrested  Michael E. Hancock, 61, of Kenai, for assault in the third andfourth degree.last_img read more