PennyStockPayCheck.com Rss

Featured Posts

Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

Read more

Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

Read more

Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

Read more

Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

Read more

UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

Read more

Health minister threatened with ejection from royal college

Category : Business

Earl Howe’s position on advisory committee under threat as doctors claim he ‘mis-sold’ health reforms

A health minister is facing the humiliation of being ousted from a prestigious role within the Royal College of Physicians over claims that he falsely reassured doctors who feared the coalition would privatise of the NHS.

Earl Howe’s position on an advisory committee is being reviewed following a complaint. Six influential members of the professional body that represents doctors wrote to its president, Sir Richard Thompson, claiming that the minister was “not a fit person to fulfil this important role”. Thompson has launched an investigation by the College’s trustees into Howe’s probity.

The senior doctors claim that Howe, a former banker, falsely advised them that reforms under the health and social care bill would not force doctors to use market mechanisms to choose where patients will be treated.

According to the doctors, the regulations will mean that clinical commissioning groups – the bodies to be set up by GPs to organise patients’ care – will have to put services out to tender if there is more than one provider capable of offering particular treatments. This means NHS hospitals and services will have to compete with private health firms for business.

Andy Burnham, the shadow health secretary, said there had been a breakdown in trust between health professionals and government, adding: “This whole issue has become a crisis of trust for the department of health. There would be a straight forward breach of trust given that statements ministers have given have not been honoured.

“The medical profession feels the government has mis-sold its NHS reforms. It was sold on the principle that doctors would be in control but in fact it will be the market that will decide.”

A spokeswoman confirmed that Thompson, and “in the interest of probity”, had “referred the issue to the board of trustees and would report back in June”.

She said the Friends of the RCP, the committee on which Howe serves, is an informal advisory group, including past presidents and officers, and figures from finance, industry, and other charities, that plays no role in the governance or management of the RCP but offers advice in areas such as effective fundraising.

The coalition denies the regulations will force doctors to put services out to tender, believing it will give GPs the ability to select a variety of providers and will improve standards.

Irish challenge to UK nuclear plant

Category : Business

The National Trust of Ireland launches a legal challenge against the UK government over its decision to approve a new nuclear plant in England.

Go here to see the original: Irish challenge to UK nuclear plant

Post to Twitter

Partners Real Estate Investment Trust (PTSRF: OTC Link) | Management Discussion and Analysis

Category : Stocks

Mon, Apr 22, 2013 06:35 – Partners Real Estate Investment Trust (PTSRF: OTC Link) released their Management Discussion and Analysis. To read the complete report, please visit: https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=102967.

See the article here: Partners Real Estate Investment Trust (PTSRF: OTC Link) | Management Discussion and Analysis

Post to Twitter

French ministers to reveal wealth

Category : Business, World News

French government ministers are due to reveal details of their personal wealth as part of efforts by President Hollande to regain public trust.

Continued here: French ministers to reveal wealth

Post to Twitter

Mexico Equity & Income Trust, Inc. (The) (MXEIP: OTC Link) | Venue Change

Category : Stocks

Fri, Mar 22, 2013 12:00 – Mexico Equity & Income Trust, Inc. (The) (MXEIP: OTC Link) – Venue Change – The symbol, MXEIP, no longer trades on NYSE. As of Fri, Mar 22, 2013, MXEIP trades on OTC Link. You may find a complete list of venue changes at otcmarkets.com.

Link: Mexico Equity & Income Trust, Inc. (The) (MXEIP: OTC Link) | Venue Change

Post to Twitter

Goodman Gold Trust Renews Issuer Bid

Category : Stocks, World News

TORONTO, ONTARIO–(Marketwire – March 22, 2013) - Goodman Gold Trust (the “Trust”) (TSX:CMP.UN), managed by Goodman Investment Counsel Inc. (“GIC”) announced today receipt of regulatory approval respecting its intention to continue its normal course issuer bid (the “Bid”). The Bid of up to 429,268 trust units of the Trust (the “Trust Units”) represents approximately 10% of the public float of the Trust and will be exercised through the facilities of the Toronto Stock Exchange (“TSX”). The Trust under its previous normal course issuer bid purchased 5,000 trust units with an average weighted price of $8.78. As of March 19, 2013, the public float of the Trust was 4,292,684 Trust Units and the Trust had 8,311,578 Trust Units issued and outstanding.

Read the original here: Goodman Gold Trust Renews Issuer Bid

Post to Twitter

Whichever way the Leveson vote goes, it’s poison

Category : Business

The whole sorry saga of press regulation has been undermined by hidden agendas

There has been too much hate, and it has undermined the whole point of the exercise whichever way Monday’s votes go. Tabloid journalists hate upmarket journalists, and both are variously hated in turn by struggling editors in our regional press. Broadcasters hate print journalists; and vice versa. Ed and Nick hate David, and vice versa. Hacks hate lawyers, grubbing for fees. The campaigners of Hacked Off – many of them much richer, courtesy of Rupert Murdoch’s £100m compensation fund – want their pound of flesh come what may. Increasingly, ministers and shadow ministers hate taking their hectoring calls. And – remind me again – what was the point of the whole Leveson parade? To restore trust, public trust, in the press. Forget it.

Our politicians – the ones Lord Justice Leveson wanted removed from the action – can’t find common ground. It’s far easier to slag off opponents and play wrecking games. The press – never a cohesive industry anyway – hasn’t been allowed to get its own act together and so has inevitably fractured into its component parts of mutual resentment. And there is no realistic way forward here.

If Cameron and his Conservatives win through, they’ll be broad-brush denounced by Labour, Lib Dems, the serried victims and their lawyers. Since “statutory underpinning”, in its shorthand, barely understood way, has become the litmus test of proper regulation in the public mind, any body that fails to include it upfront – even this commodiously detailed charter – will automatically be scorned as a press barons’ pleaser, a fudge, a catalogue of supposed betrayal. The corrosion of hate.

But if Ed and Nick carry the day for their charter version, then what? Goodbye to relatively speedy answers. Hello to what’s called “full” Leveson implementation – except that Sir Brian never delivered a full bundle of answers himself. The most vexatious issues – intrinsically asking what “independence” means in a quangoid Britain where the same cast of great and good characters, retired judges, retired permanent secretaries, Oxbridge dignitaries, shift sweetly from one padded committee seat to the next – weren’t addressed. To underpin real press support for a new self-regulator, you have first to decide what exactly that body is, who appoints it, how it can be vetted and kept up to the mark. But consensus there (as built by Lord Hunt at the residual Press Complaints Commission) will fracture as hate poisons civilised discussion.

Hunt’s timetable (a new organisation up and running by 1 July) won’t endure if Miliband and Clegg have their way, because much of his plan can’t realistically survive Cameron defeat. Why should the local press saddle itself with the cost of arbitration tribunals when it has done nothing wrong? Why should the press as a whole pay for regulation by a commission it has no real say in appointing, administering a code it has no clear say in drawing up?

Miliband victory opens the door to two wholly unwelcome things: many more months of threat and disillusion – or a simple refusal to go any further, leaving parliament to devise and install its own statutory press regulation regime if it so wishes: an Ofpress to match Ofcom. There have always been voices on newspaper backbenches saying leave regulation to the law itself, to articles 8 and 10 of the European Convention on Human Rights, just as the US relies on its first amendment. They may be heard again as this miserable row snarls on.

The problem, from beginning to end of this sad, sliding saga, has lain with the poison of hidden agendas. It began intrinsically when the politicians of 65 years ago, used to the deference of wartime censorship, sought to put a newly unruly press back in its box. It has gathered a whole sub-industry of specialist lawyers serving their own needs along the way. The press sees exposing political crookery as one of its jobs. The politicians – read the new Bribery Act that would surely have stopped the Daily Telegraph’s investigation of MPs expenses – have a different job in mind. Was Leveson’s array of victimhood presented as current, transparent and fair? The latest round of arrests, covering alleged events in 2003-4, come coated with dust yet again.

There could, without Leveson, have been a substantial remaking of press self-regulation long since. There could, with a little statesmanship from the politicians, have been an agreement that had some chance of short-term success (until sabotaged by the galloping internet). But it’s precious hard to see even modestly durable hope now. You can’t restore trust if you don’t trust anyone around you.

Poor IT skills ‘hurt young jobless’

Category : Business, World News

A lack of computer skills could be damaging the career chances of young people, the Prince’s Trust charity warns.

Read the original: Poor IT skills ‘hurt young jobless’

Post to Twitter

First National Alarmcap Income Fund Trust (FNLZF: Grey Market) | Deleted Symbol

Category : Stocks, World News

Mon, Mar 04, 2013 12:00 – First National Alarmcap Income Fund Trust (FNLZF: Grey Market) – Deleted Symbol – As of Mon, Mar 04, 2013, FNLZF is no longer a valid symbol. You may find a complete list of deleted symbols at otcmarkets.com.

Read the original post: First National Alarmcap Income Fund Trust (FNLZF: Grey Market) | Deleted Symbol

Post to Twitter

Heather McGregor: ‘Working from home is the future’

Category : Business

Trust is essential to any business, and it’s a lot easier to earn it face to face, in the office. Nevertheless, lots of people want to work from home, and flexibility is important

Technology has made the world a smaller place. We are all better connected – schoolgirls in Pakistan can study courses in artificial intelligence taught by Ivy League professors thousands of miles away. And it has become ever easier to combine work and home. So why is a CEO such as Marissa Mayer summoning Yahoo staff back into the