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Archive for the Category ◊ Cash ◊

Kadhe, Cash go unfinished after fighting back
Tuesday, March 28th, 2017 | Author:

When Arjun Kadhe steps on to the tennis court for doubles play, he is at his best and plays at the highest level.

Moving across the court in fluidity with his partner, Kadhe and Julian Cash continued to play well together while fighting back from a deficit in the early stages of the fourth-ranked Oklahoma State men’s tennis team’s victory Sunday against San Diego State in Stillwater, 4-0.

Although Kadhe and Cash, the No. 3 duo in the nation, struggled to start their match against unranked Marko Goles-Babic and Milen Ianaklev, they wouldn’t quit. After trailing 2-0, Kadhe and Cash found a rhythm as they began to work as a unit.

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Toronto-based insurance group Fairfax Financial Holdings Ltd. said it would increase the cash component of its offer to buy Allied World Assurance Co. Holdings AG by $18 per share.

The increase in the cash component of the offer would reduce the stock consideration of the total deal value, Fairfax said.

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The case for cash
Monday, March 20th, 2017 | Author:

Cash is an extremely useful social contrivance. Two possible drawbacks of high-denomination cash have recently been discussed by Kenneth Rogoff in his book, The Curse of Cash, and echoed by other economists.

They are the extensive use of high-denomination cash by criminals and others engaged in illicit and corrupt activities, and the role that cash plays in avoiding deeply negative nominal interest rates imposed on bank accounts. Rogoff and others call for a phasing-out of high denomination cash over a long period.

Rogoff sees benefits to restricting the supply of cash, especially high-denomination currency. Those benefits would be a reduction in crime and a looser bound on nominal policy rates falling well below zero. Is there enough evidence to endorse the proposal to restrict the provision of high-denomination cash or even eliminate it altogether?

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It’s a set and forget app … you just start getting money rolling in, explained software engineer Trevor Frese.

Heres how it works. You sign up with Earny using your email account and optionally, credit card and Amazon account. The app tracks the stuff you buy and if it notices a price drop, it will automatically file a refund request to help you claim the difference in cash.

Prices are changing all the time… price drops happen all the time and Earny is there to get you the best price, explained Dori Yona, a co-founder of the app. He says that prices on Amazon change up to 8 times a day on average.

Yona got the idea for Earny when he bought a suit jacket and saw that it went on sale a few weeks later at a lower price.

The app takes advantage of little-used price protection policies offered by retailers and credit cards – namely Citibank and Chase. While all of the policies are slightly different, they can allow a customer to get a refund on a price drop in some cases up to 90 days after a purchase is made.

Most of us don’t even know that these policies exist, says Yona.

The catch is that you must actually take the time and energy to request a refund. This is where Earnys magic comes into play.

The secret is in their proprietary system. They have built sophisticated software bots that can do a lot of the work for consumers. Tracking the prices, watching for drops and then filing the online forms required to collect the difference.

Earny covers several dozen retailers including top stores like Amazon, Walmart, Kohls, Nordstrom, GAP and more.

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The Central Bank acknowledged that credit unions are restricted on where they can invest surplus cash.

The options mainly consist of safe, but low-yielding investments, such as bonds and bank deposits.

A review of the investment regulations for credit unions is due to take place this year, the Central Bank added.

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New Gold produced less gold and more copper in Q1, and kept the AISC under control.

The adjusted free cash flow was $40M in Q1, and this funded half of the Rainy River capex.

The RR capex will accelerate and NGD will have to draw down more cash from its existing credit facility to avoid a low cash position.

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When Jeremy Cash chose to leave Ohio State for Duke, the move flew in the face of conventional football wisdom.

But he will end up with his shot at the NFL just the same.

“If you can play, they will find you,” Cash said Thursday. “Obviously they found me.”

Cash, a former Duke safety, has a chance to hear his name called Friday night, during the second and third rounds of the NFL Draft. If not then, expect him to be selected on Saturday, during rounds four through seven. CBS projects Cash to be a third-round pick. NFL.com projects him to come off the board in the fourth or fifth round. ESPN analyst Mel Kiper Jr. has him ranked No. 140 on his big board, and ESPN senior writer Todd McShay has him at No. 110. Cash wasn’t in ESPN’s latest three-round mock draft.

Cash projects as a run-stopping safety who will excel in the box up near the line of scrimmage but struggle in pass coverage against NFL-level wideouts. ESPN ranks his run support abilities as “excellent” and his instincts/recognition as “above average.” NFL.com adds that Cash, “plays with big closing burst when he smells blood.”

Cash, who is back in Durham after a trip to Chicago, the site of the draft, said he doesn’t have any big plans for Friday or Saturday. He’ll be with his mom, dad, fiance and agent, just waiting for a call. Cash doesn’t anticipate being too nervous as he waits, the work is already done at this point, he pointed out.

“I’ve done all I can do, now I just have to play the hand I’m dealt,” Cash said.

The 2015 ACC Defensive Player of the Year missed Duke’s Pinstripe Bowl 44-41 overtime win over Indiana last season while recovering from a Dec. 16 surgery on his right wrist. He prepared for the February NFL Combine in California at Proactive Sports, about an hour west of Los Angeles, with players like Florida State cornerback Jalen Ramsey and Baylor wide receiver Corey Coleman. A hamstring injury slowed him at the NFL combine and at Duke’s pro day, but he was able to run for teams at a private workout at Duke on April 13.

The time before the combine went “dragging along like no other,” Cash said, but since that late February mark, the days have passed much quicker. And now a future he has spent years dreaming about is nearly here.

When Cash transferred after his freshman season from Ohio State to Duke in 2012, he was focused on picking a school that best set him up for a life beyond football, citing Duke’s academics multiple times over the years as a primary reason for his decision. The football part workout out just fine, too, as he became a consensus all-American and recorded more than 100 tackles in each of his three players years at Duke.

“Obviously we’re not the top tier school in terms of football,” Cash said of Duke, “But being able to go out there and compete at a high level and get drafted, that will be a great feeling in itself.”

Fellow Blue Devils Matt Skura (center), Ross Martin (kicker) Will Monday (punter), Braxton Deaver (tight end) and Shaquille Powell (running back) are all long shots to be drafted, but they will have an opportunity to impress teams in rookie camps on free agent contracts. The former teammates all stay in touch via a group text message, and as Cash pointed out, just maybe some of them will be on the same team again.

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PHOENIX (AP) – The Latest on action on an Arizona budget proposal (all times local):

11:20 pm

An Arizona House committee is poised to add millions in spending for K-12 education to break a stalemate that stalled a budget deal for several days.

The appropriations committee began debating a series of bills negotiated between Republican House and Senate leaders and Gov. Doug Ducey late Thursday.

The $9.58 billion budget package has been stalled since early in the week after some House Republicans balked at what they believe are funding shortfalls for smaller schools, district-sponsored charter schools and those with declining enrollment.

Appropriations chairman Justin Olson announced at the start of the meeting that all three would get extra funds and funding for school construction also would be added.

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Megaport net cash flow drops to negative AU$5.521m
Thursday, May 19th, 2016 | Author:

Australian elastic interconnection services provider Megaport has reported its financial results for the March 2016 quarter, recording a net operating cash flow of negative AU$5.521 million — losing 18.1 percent more on last quarters negative AU$4.674 million.

Customer receipts [PDF] grew, however, up 17 percent quarter on quarter from AU$538,000 to AU$631,000.

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