TechnipFMC Delivers 2019 Forecast

first_imgThe UK-based energy services giant TechnipFMC said it estimates 2019-revenues between $12.8 – $13.5 billion.The company’s Subsea division is expected to generate $5.4 – $5.7 billion in 2019, with EBITDA margin of at least 11%.Revenue forecast for Onshore/Offshore is in a range of $5.7 – 6.0 billion, while Surface Technologies are expected to contribute in a range of $1.7 – 1.8 billion. EBITDA margin is estimated at 12% and 17% respectively.For the upcoming year, capital expenditures have been set at approximately $400 million.To remind, in the previous quarter (Q3 2018), the company reported net profit of $136.9 million, or $0.30 per diluted share, compared to $121.0 million in the same period of 2017.However, revenues for that quarter fell approximately $1 billion from $4.1 billion in Q3 2017 and also some $900 million in the second quarter of 2018.Subsea World News Stafflast_img read more

Versailles Troopers honored at awards ceremony

first_imgINDIANAPOLIS, Ind. — Four Indiana State Police Troopers from the Versailles Post were honored during an awards ceremony held at the Indiana Government Center in Indianapolis last week.The awards, presented by Indiana State Police Superintendent Douglas Carter, recognized troopers from around the state who have performed their jobs with integrity, service, and professionalism and at many times went above and beyond the call of duty.The 2016 Versailles District “Trooper of the Year” is Senior Trooper, Randall Miller. Miller is a ten-year veteran of the State Police.Trooper Travis Linville, a five-year veteran, was honored with an Indiana State Police “Combat Action Award,” as a result of his actions in assisting the Ripley County Sheriff’s Department to a domestic disturbance at a residence on County Road 850 West near Holton last October.Trooper Christopher Lockman, a six-year veteran, was honored with a “Lifesaving Award,” after assisting a dive team in rescuing two people who were stranded in a capsized boat near Seymour this past February.Trooper Korry Clark, an eight-year veteran, was presented with an award for being the district’s top DUI Enforcement Trooper of the Year for 2016. In 2016 Trooper Clark arrested 79 intoxicated drivers during patrols.last_img read more

Doshie Smith, 84, Cedar Grove, Indiana

first_imgDoshie Smith, age 84, of Cedar Grove, Indiana died Sunday, July 12, 2020 at Mercy West Hospital in Cincinnati, Ohio.Born January 10, 1936 in Clay County, Kentucky she was the daughter of the late Gilbert & Maude (Duff) Swafford.  On June 29, 1954 she was united in marriage to Cloyd Smith and he survives.She was a member of Smyrna Baptist Church in New Trenton.  Doshie was retired, having worked at Sperry Rubber, and also the former Thies and Christina’s Restaurants.  In her leisure time she enjoyed gardening and cooking, and spending time with her grandchildren.Besides Cloyd, her loving husband of 66 years, survivors include a son & daughter-in-law, Terry & Martha Smith of Cedar Grove, Indiana, a daughter & son-in-law, Beverly K. & Steve Howison of West Harrison, Indiana; a sister, Lola May of Indianapolis, Indiana; seven grandchildren as well as twelve great-grandchildren.In addition to her parents, she was preceded in death by a son Ted Smith who died November 16, 2012, two sisters, Evie Smith and Edna Smith, as well as two brothers, Ray Swafford and Marvin Swafford.Pastor Chuck McMahan of Smyrna Baptist Church will officiate the Funeral Services on Thursday, July 16, 2020, 1:00 P.M. at Smyrna Baptist Church, 4047 U.S. Highway 52, New Trenton, Indiana.  Burial will then follow in Springfield Cemetery in Bath, IndianaFamily & friends may visit from 11:00 A.M. until 1:00 P.M. on Thursday, July 16, 2020 at Smyrna Baptist Church in New Trenton.Memorial contributions may be directed to St. Jude Children’s Research Hospital.  The staff of Phillips & Meyers Funeral Home are honored to once again serve the Smith family.  To sign the online guest book or send personal condolences please visit www.phillipsandmeyers.com .last_img read more

Neymar out for 21 days

first_imgRelatedPosts No directive to constitute disciplinary committee against us — Ojudu, others ‘Army Officer’ in EFCC net for alleged multiple fraud COVID-19: NCAA to revoke erring airlines licence over non-compliance Neymar limped out of Brazil’s friendly against Nigeria in Singapore on Sunday after only 12 minutes.The 27-year-old was replaced by midfielder Philippe Coutinho after feeling an injury in his left thigh. The match was 0-0 after 30 minutes.Paris Saint-Germain star Neymar missed this year’s Copa America because of a right ankle injury. He only returned to action two months later.The Brazilian also had a right foot injury in January playing for PSG. The problem in his fifth metatarsal kept him off the pitch for almost three months.Neymar also injured his right foot months before the World Cup in Russia in 2018.The friendly could have marked Neymar’s rise to second all-time Brazil top goal scorer. He has 61 goals, one less than two-time World Cup winner Ronaldo.last_img read more

Students file complaint against USG senatorial hopeful

first_imgLucille Warren, a freshman majoring in political economy, said she also filed a complaint because she thought the poster came off as offensive. The Undergraduate Student Government Elections Commission voted unanimously that senatorial candidate Quinn Cunniff did not violate the Elections Code in a hearing Wednesday, according to the infraction decision. In an email to the Daily Trojan, Cunniff said the complaint filed against him was an attempt to censor his campaign efforts. Stroud said that in her Thematic Option class, students and her professor discussed the content of the poster and many expressed their concerns. “I first saw the poster when I was walking to class and at first I just walked by it, but then I totally did a double take,” Stroud said. “I took a photo of it and thought it was an inappropriate joke to make as a white male [portraying] a black man who is standing a murder trial.” Stroud’s complaint alleged that Cunnif violated Article VIII in the USG Elections Code. The campaign policy states, “All campaign material shall contain no ‘fighting words,’ meaning language which (a) the speech, considered objectively, is abusive and/or insulting rather than a communication of ideas, and (b) is actually used in an abusive manner in a situation that presents an actual danger that it will cause a breach of peace.” “I found [the poster] insulting, rather than a communication of ideas,” Stroud said. “I thought with that poster, it did not communicate any campaign ideas. It does not communicate what [Cunniff] would do with his senatorial position.” Angelina Stroud, a freshman majoring in non-governmental organizations and social change, filed a complaint against Cunniff Tuesday. According to the decision, Stroud claimed Cunniff’s campaign materials, which included direct references to the criminal trial involving USC alumnus O.J. Simpson, were inappropriate and offensive. Cunniff’s signs showed a picture of him trying on a black glove with the phrase, “If the glove doesn’t fit, you must commit … to voting Cunniff for Senate.” “The complaint was simply a waste of time,” Cunniff wrote. “My poster was found unanimously by USG to be in compliance with the Campaign Code. I am happy to see people so emotionally involved in the election process, but I wish that this energy was geared toward more worthwhile causes, instead of simply trying to sensor [sic] my campaign.” Senatorial candidate Quinn Cunniff used campaign materials that referenced the famous murder trial involving O.J. Simpson. (Tucker Judkins/Daily Trojan) “I was incredibly bothered by the fact that for a school government election, that [the trial] would be made a  joke,” Warren said. “[The Simpson] case obviously holds significant weight for … [its] racial conflict … and what [Cunniff’s] picture represents is when O.J. was putting on the glove with the blood of two different [people] on it from being … beaten to death.”last_img read more

Barbados opposition calls general election

first_imgBarbados opposition, the Barbados Labor Party (BLP) has renewed its call for a general election, after the United States-based rating agency, Standards and Poor’s (S&P) dropped Barbados’ sovereign credit rating by one notch.“Our credit rating has been downgraded for the 20th time in nine years by the major international credit rating agencies. This has become so routine that Barbadians are becoming immune to the news, but unfortunately, overseas investors and businesses are not,” BLP and Opposition Leader Mia Mottley said in a statement.She said there can be no doubt that the longer the Freundel Stuart government “tries to hold on to power, the harder and longer our road to recovery will be.How many more downgrades?“How many more downgrades will it take for the Prime Minister and his Government to realize that there is no confidence left in their ability to reverse the situation? Barbadians are paying too high a price for this Government’s incompetence and stubbornness,” she said.The last general election in Barbados was held in February 2013, when the Democratic Labor Party (DLP), led by Prime Minister Freundel Stuart was re-elected, winning 16 of the 30 seats.Downgraded to CCC.Earlier this week, Standard and Poor’s said it was lowering its long-term local currency rating on Barbados to ‘CCC’ from ‘CCC+’, noting “we are affirming our other ratings on Barbados, including the ‘CCC+’ long-term foreign currency sovereign rating.Downgrade risk“The negative outlook reflects the risk of a downgrade given difficulty turning around fiscal policy (with parliamentary elections in 2018), a possible domestic debt exchange that could be a default under our criteria, and prospects for a balance-of-payments crisis.”It also noted that Barbados’ policy challenges include “high general government debt, deficits, and debt servicing requirements; limited appetite for private-sector financing; and a low level of international reserves raising the risk to sustainability of the peg to the U.S. dollar.”Barbados debts are vulnerableAccording to the S&P, the CCC rating means that “Barbadian debts are vulnerable to non-payment, and dependent upon favorable business, financial, and economic conditions for the obligor (owing party) to meet its financial commitment on the obligation. In the event of adverse business, financial, or economic conditions, the obligor is not likely to have the capacity to meet its financial commitment on the obligation.”S&P previously downgraded Barbados’ credit rating in March 2017, when it lowered the sovereign credit rating to CCC+ from B-.Follow Barbados opposition’s attempts to call early elections here: https://www.caribbeannationalweekly.com/caribbean-breaking-news-featured/barbados-opposition-calls-for-fresh-elections/last_img read more