Articles from November 2011



Everbank Commercial Finance Expands Industrial Leasing Team

Ray Sullivan named National Sales Manager    

Parsippany, New Jersey, December 1, 2011 –EverBank Commercial Finance, Inc., the equipment financing and asset-based lending subsidiary of EverBank, announced today that Ray Sullivan has joined the company’s Industrial Group as National Sales Manager. In this role, Mr. Sullivan will be responsible for the overall sales management of the Industrial Group, along with strategic growth initiatives. Mr. Sullivan will report to Sam Smith, Managing Director of EverBank Commercial Finance’s Industrial Group.  

 

Mr. Sullivan, a

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Struggling ski resorts mean cheaper holidays for Brits

Brits can take advantage of discounted ski holidays this winter, as struggling ski resorts offer deals to attract holidaymakers.

The Family Ski Resort Report, commissioned by Post Office Travel Money has found that prices for skiing in Europe and North America have gone down over the past year.

The drop in price has been put down to an increase in discounts and deals offered to customers by struggling ski resorts.

People can also save money by using a prepaid travel money card, to avoid expensive exchange rates and foreign ATMs.

To avoid expensive bank charges while abroad there are a range of travel money cards available, which offer free cash withdrawals from foreign ATMs.

These include the Escape Travel Money Card from Phones4U, the My Travel Cash Multi Currency Card, and the Travelex Cash Passport Dollar Card.

The Post Office Travel Money Family Ski Resort Report compared prices in ten family-friendly resorts across Europe and North America, looking at the cost of things like meals, ski school, and equipment hire.

Bulgaria was found to be the cheapest ski destination, with the ski resort of Bansko 17% cheaper than last year.

The highest prices for skiing in Europe are in Switzerland, as a 9.5% rise in the value of the Swiss franc kept prices close to £2,000 for a family holiday.

“This year’s report revealed welcome news for cash-conscious family skiers.  We found good examples of price cuts in most of the resorts surveyed – especially in North America,” said Sarah Munro, Post Office Head of Travel Money.

“For families who want to keep a lid on ski costs, the budgeting should start before flying off to their resort.  They should start by changing holiday cash in advance rather than leaving it late and getting a poor rate at the airport.”

It is Time to Shop for Cattle Feed Says Extension Specialist

MT. VERNON, Mo. — December is here and so is feed shopping time for beef producers according to Eldon Cole, a livestock specialist with University of Missouri Extension.

“The dry summer has shortened the forage supply and in all likelihood has altered the quality of hay and silage. Since the old standby, stockpiled fescue, is not as plentiful, more concentrated feeds either in bag, bulk or other forms will be relied on by area producers,” said Cole.

By-product feeds such as corn gluten feed, dried distillers grains with solubles and soybean hulls are becoming more popular and are available.

A good place to locate sources of these supplements is the University of Missouri Extension By-Product Feed list service. I

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Consumers plan to spend more this holiday season

Consumers plan to spend more on Christmas this year than they planned to spend at this time one year ago, Gallup said in a recent report.

Not only do American consumers plan to spend 7 percent more this year on Christmas than last – $764 compared with $714 – but they plan to spend more than $100 more than what they estimated at this time of year in both 2008 and 2009, Gallup said.

Gallup surveyed consumers from November 3-6, 2011 and reached the $764 average estimate. Just one month earlier, consumers estimated a $712 spend.

The $50 increase in estimated spend year-over-year could lead to a bump in holiday sales in the neighborhood of 3 to 4 percent, Gallup said, as the estimates recorded by this yearly survey often translate into similar results on the retail sales side.

For example, last year (November 2010), consumers estimated spending 12 percent more than the previous November (2009). The

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More Young NEETs than ever…

Young NEETs are people who aren’t in education, employment or training, and are between the ages of 16 & 24. According to a study by the Department of Education (DfE), one in five 16-24 year olds (over 1 million), are now classified as NEET, the highest level ever recorded, This research released yesterday has produced figures showing that in the third quarter of 2011, 1,163,000 young people in this age group were NEET, which is a rise of 137,000 compared with the same point last year.

These figures come just weeks after Government revealed that the number of 16 to 24-year-olds looking for work increased by 67,000 in the quarter to September, the worst total since comparable records began in 1992. This has a knock on effect giving a jobless rate of 21.9%, also a record. H

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Fourth weekly fall drags Nifty below crucial level of 4730

MUMBAI (Commodity Online): Indian stock markets today resumed the losing streak with the NSE Nifty losing 1% mainly due to sell off in late afternoon after European markets came off their days high.

The S&P CNX today gave gap down open and good short covering was witnessed in initial session. Nifty touched the high of 4767 and traded range bound before fresh sell off came in the late afternoon which dragged Nifty to the fresh low of 4693. After witnessing choppy session Nifty settled at 4710 down by 46 points.

Market is constantly falling from since last four weeks and this week Nifty gave close below the crucial support of 4730. So next week even market is expected to be under pressure.

The European markets are trading weak.

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