The State Pension: how this £5 ‘trick’ could potentially double your payout

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. The annual rate of State Pension currently sits at less than £9,000 a year. What’s more, according to figures from the Department for Work and Pensions, only around half of retirees receive the full amount.With this being the case, if you want to retire in comfort, it could be better to set up your own pension savings pot. The good news is you could potentially double your State Pension in retirement with just £5 a week.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Slow and steadySaving £5 a week might not seem like much, but these small deposits add up over the long term. This is called the £5 ‘trick’ because the method makes it easy to trick yourself into saving money. Saving £5 a week works out at just 71.5p per day.If you put this in a self-invested personal pension (SIPP), you can claim extra tax benefits at your marginal tax rate. That is 20% for basic rate taxpayers. Including the additional tax benefit of 20%, the daily and weekly savings increase to 89.4p and £6.25 respectively. That gives a total contribution of £325 per annum.The best way to make the most of these savings is to invest your money. A low-cost passive index tracker fund could be the best way to do this. For example, since its inception, the FTSE 250 has produced an average annual return for investors of 12%. That’s significantly above the rate of interest most cash savings accounts offer today.Compound interestSavings of £325 a year compounded at 12% could grow into a sizeable nest egg over the long run. At this rate of return, it would take 35 years to accumulate a savings fund worth £241,000. That’s assuming monthly contributions of around £27.10 (including tax relief) and a starting fund of £1,000.A pot of £241,000 would provide an income of £9,000 a year in retirement, potentially doubling the State Pension.Long term focusWhile it’s difficult to tell what the future holds for the stock market in the short-term, over the long run, it’s highly likely the market will produce returns in line with its historical average. That said, due to economic headwinds, the index could underperform in the near term.As such, it’s essential to maintain a long-term outlook when saving for retirement. It’s possible to build a substantial retirement nest egg with just £5 per day if you make the most of the stock market’s wealth-creating potential and the tax benefits available for savers. However, it does require time and patience.The good news is today most online stockbroking platforms offer regular investment plans. These allow you to invest a lump sum every month and are entirely automated.So, all you need to do is set up the direct debit and the order to buy a fund and sit back and relax. As the figures above show, this simple strategy and £5 ‘trick’ and could help you beat the State Pension and retire in comfort, with almost no effort whatsoever. Image source: Getty Images. Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Rupert Hargreaves The State Pension: how this £5 ‘trick’ could potentially double your payout Enter Your Email Address Our 6 ‘Best Buys Now’ Sharescenter_img Rupert Hargreaves | Saturday, 15th February, 2020 I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

Una congregación episcopal lidera el empeño para hacer ‘reverdecer’ una…

first_img Rector Smithfield, NC Associate Priest for Pastoral Care New York, NY An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Rector Collierville, TN Tags Environment & Climate Change Rector and Chaplain Eugene, OR Rector Martinsville, VA Assistant/Associate Rector Morristown, NJ Submit an Event Listing Por David PaulsenPosted Mar 14, 2017 Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Youth Minister Lorton, VA Associate Rector Columbus, GA Featured Jobs & Calls Associate Rector for Family Ministries Anchorage, AK In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Submit a Press Release Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Shreveport, LA Press Release Service Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Director of Administration & Finance Atlanta, GA Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Albany, NY Rector Bath, NC Director of Music Morristown, NJ Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Hopkinsville, KY center_img Canon for Family Ministry Jackson, MS The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Assistant/Associate Priest Scottsdale, AZ Bishop Diocesan Springfield, IL AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Belleville, IL Priest-in-Charge Lebanon, OH Rector/Priest in Charge (PT) Lisbon, ME Rector (FT or PT) Indian River, MI New Berrigan Book With Episcopal Roots Cascade Books Submit a Job Listing James Colby, miembro de la iglesia episcopal de San Lucas en Jamestown, Nueva York, habla el 8 de marzo en una presentación de la profesora Sherri Mason como parte de una serie de conferencias auspiciadas por GreenUp Jamestown. Foto de  GreenUp Jamestown, vía Facebook.[Episcopal News Service] Pascua cae menos de una semana antes que el Día de la Tierra este año. Esa cercanía es más que un hecho del calendario para la iglesia episcopal de San Lucas [St. Luke’s Episcopal Church] en Jamestown, Nueva York. Es un doble llamado a lo que el Rdo. Luke Fodor define como “cuidado de la creación”.La congregación de San Lucas está en el centro de un proyecto comunitario que se inició esta Cuaresma llamado “Reverdecer Jamestown” [GreenUp Jamestown], el cual mezcla la espiritualidad cristiana con la mayordomía medioambiental. La lista inicial de los eventos de GreenUp está llena de conferencias de temática ecologista y debates de panel coordinados con la ayuda de varias organizaciones asociadas en la ciudad.  [La serie] concluye con un programa el Día de la Tierra el 22 de abril, aunque Fodor espera que el alcance y el apoyo sigan creciendo.“Cuanto más podamos … conectarnos de nuevo con nuestros orígenes, tanto más sanos seremos, no sólo en nuestros cuerpos, sino en nuestros espíritus”, dijo Fodor.Esa conexión es más que teórica, dijo él. “Cuando un sacerdote dice el Miércoles de Ceniza: ‘venimos del polvo y al polvo volveremos’, eso significa la tierra’”, añadiendo que gran parte de la sociedad moderna se ha alienado de nuestra biología terrestre. Fodor también lamenta que aunque celebramos la liturgia cristiana con fundamentos agrícolas, hayamos perdido el contacto con la manera en que los alimentos llegan a nuestra mesa.“La gente no tiene una idea cabal del cuidado de la creación, de manera que debemos hacer algo”, arguyó Fodor.Esto de “hacer algo” no encabezaba su lista de prioridades cuando Fodor se mudó por primera vez al oeste del estado de Nueva York hace tres años para asumir la rectoría de la iglesia episcopal en esta ciudad del Cinturón del Óxido conocida tradicionalmente por sus fábricas de muebles.La vieja pasión de Fodor por el medioambiente ya había comenzado a ceder ante su rutina diaria. Como un hombre más joven en la ciudad de Nueva York, iba en bicicleta a todas partes, se preocupaba de reciclar y cuando él y su esposa se convirtieron en padres, eligieron usar pañales de tela en lugar de los desechables que obstruyen los muladares.Algunos de esos hábitos empezaron a cambiar cuando Fodor comenzó a atender una iglesia suburbana de Long Island, empezando por una creciente dependencia del auto, en lugar de la bicicleta. Pero en Jamestown él encontró una ciudad más cercana a la naturaleza y a las creaciones terrenales de Dios de lo que podría sugerir su pasado industrial y manufacturero.Fodor señalaba una de las grandes atracciones de Jamestown, el lago Chautauqua, una joya natural situada en el oeste de la ciudad. La región es también una popular ruta de aves migratorias y el hogar natal de Roger Tory Peterson, el renombrado naturalista y pintor de aves. Jamestown ha celebrado el Día de la Tierra desde el comienzo, en 1970, cuando Stan Lundine, que eran entonces alcalde, ayudó a coordinar un espectáculo que conllevaba la exposición de varias toneladas de basura para ilustrar la mucha polución que cae sobre la ciudad. El truco publicitario atrajo la atención nacional.“Aquí hay una auténtica historia de ambientalismo”, dijo James Colby, un miembro de San Lucas que ha estado trabajando con Fodor para llevar adelante GreenUp.Colby, de 66 años, está jubilado después de trabajar como conservador para la Galería Weeks  en la Universidad Comunitaria de Jamestown, y una de sus contribuciones a GreenUp será coordinar una instalación de arte en San Lucas, de más de 4 metros de altura, hecha de tarros de vidrio iluminados. Pero eso se prepara para el próximo año. En este primer año, él y Fodor se proponen fundamentalmente despertar una mayor conciencia medioambiental en la comunidad al tiempo de captar a muchos colaboradores, entre ellos al Instituto de Historia Natural “Roger Tory Peterson” , el Centro “Robert H. Jackson”  y el Centro Audubon de Jamestown.San Lucas, pues, es “una especie de organización central con radios que alcanzan a personas que ya trabajan a favor del medioambiente”, dijo Colby.James Colby y Sherri Mason posan para una foto en el evento del 8 de marzo auspiciado por GreenUp Jamestown. Foto de GreenUp Jamestown, vía Facebook.El evento inicial de la serie de conferencias de GreenUp, que se celebró el 8 de marzo en la biblioteca pública de Jamestown, fue una presentación de Sherri Mason, una profesora de química en la Universidad Estatal de Nueva York en Fredonia. Fodor dijo que unas 100 personas habían venido a escuchar la plática de Mason acerca de su investigación sobre los Grandes Lagos y el legado medioambiental de la escritora Rachel Carson.Se eligió la biblioteca como el lugar donde presentarle el proyecto a la comunidad, para no limitarlo a la iglesia. Aun así, antes de asistir a la presentación de Mason, unos 25 feligreses participaron con Fodor en un breve oficio en la capilla de San Lucas, en el cual pidieron perdón por los pasados abusos del medioambiente cometidos por la humanidad y prometieron comprometerse de nuevo a ser mayordomos de la Tierra.Fodor dirigirá los próximos dos programas de la serie GreenUp, el 15 y el 22 de marzo, en San Lucas. Uno destacará a los santos celtas como modelos de “espiritualidad verde” y el otro ahondará en el libro de Génesis en busca de una respuesta a la pregunta: “¿Propuso Dios realmente la dominación humana de la creación?”El presidente del Instituto “Roger Tory Peterson” está programado para hablar el 29 de marzo en la iglesia acerca de la “naturaleza urbana” de Jamestown, y la serie de conferencias cuaresmales concluye el 5 de abril con otra presentación en la biblioteca, esta vez un panel para debatir el libro Bajo el viento marino [Under the Sea-Wind] de Rachel Carson.Hay programados otros eventos después de la serie de Cuaresma, entre ellos una velada de oración, arte y música el Día de la Tierra en San Lucas.En este primer año, la diversidad de temas y las organizaciones comunitarias se hizo a propósito, explicó Colby. “Lo que intentamos hacer este año es darle a todo el mundo una parte”. El futuro de GreenUp Jamestown puede conllevar el hacerle frente a ciertos proyectos y asuntos con mayor atención, tales como apoyar los empeños de limpieza en el lago de Chautauqua o la promoción de la energía solar y otras fuentes de energía renovable.Colby, que ya tiene suficientes paneles solares en su casa para atender a sus propias necesidades energéticas, afirma que el cambio climático es “el mayor desafío a que nos enfrentamos”.“Creo que, como cristianos, es una obligación hacer avanzar la sociedad y una energía limpia y renovable es una de esas áreas”, afirmó.— David Paulsen es redactor y reportero de Episcopal News Service. Pueden dirigirse a él a [email protected] Traducción de Vicente Echerri. Priest Associate or Director of Adult Ministries Greenville, SC Rector Pittsburgh, PA This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Missioner for Disaster Resilience Sacramento, CA Una congregación episcopal lidera el empeño para hacer ‘reverdecer’ una ciudad del Cinturón del Óxido en el oeste de Nueva York Featured Events Rector Tampa, FL Curate Diocese of Nebraska Family Ministry Coordinator Baton Rouge, LA Cathedral Dean Boise, ID Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Knoxville, TN Assistant/Associate Rector Washington, DC Advocacy Peace & Justice, Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Course Director Jerusalem, Israel Rector Washington, DClast_img read more

Free news for fundraisers’ sites

Howard Lake | 5 May 2000 | News Free news for fundraisers’ sites AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis UK Fundraising is now offering a free weekly news story for other Web sites that serve charity fundraisers. Not only is there no charge, we will create a customised page for your visitors that includes your Web site’s name and a return link.Find out more from UK Fundraising.  11 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. read more

Market Update with Gary Wilhelmi 6/22/12 10:45

first_img Previous articleMarket Outlook 6/22/12 with Gary WilehlmiNext articleGas Prices Could Hit $3 By Fall Gary Truitt Market Update with Gary Wilhelmi 6/22/12 10:45 By Gary Truitt – Jun 22, 2012 Dow up 55 and JP Morgan 2.3% higher as it was feared the ratings down grade would be worse, isn’t that like saying it feels good after stopping banging your head against the wallDAX off 1% near its10:30 CDTcloseHigh flying hogs pull back with $ .80 lossCattle still moseying around waiting for cash to take shapeDryness concerns remain the main fundamental factor and no relief is in sightThe change of seasons is here us but no change yet apparentUkraineharvest coming in a little lighter in yields SHARE 10:49  updatecenter_img Home Market Market Watch Market Update with Gary Wilhelmi 6/22/12 10:45 Facebook Twitter SHARE Facebook Twitterlast_img read more

Abdou Diouf urged to use Francophone summit to set deadline for decriminalizing press offences

first_img Organisation September 27, 2006 – Updated on January 25, 2016 Abdou Diouf urged to use Francophone summit to set deadline for decriminalizing press offences RSF_en Reporters Without Borders appealed today to Abdou Diouf, the secretary-general of the International Organisation of Francophone Countries (OIF), to get member states to set a timetable for decriminalizing press offences during the two-day OIF summit that begins tomorrow in Bucharest. Despite the Bamako declaration in 2000 and the secretary-general’s repeated appeals, many OIF member countries still have not amended their press legislation. Some countries such as Rwanda, Vietnam and Tunisia clearly want to maintain an unjust and undemocratic tool of repression, but others simply have not realised the usefulness of such a reform.“As well as complying with democratic standards upheld by the UN and OIF, countries that decriminalize press offences are able to deal more effectively with such problems as scandal sheets, corrupt journalists and breaches of press ethics,” Reporters Without Borders said. “Jailing someone does not redress defamation or inaccurate reporting. Only a regulatory mechanism managed by fellow journalists can do this. There are many good reasons for decriminalizing press offences but the political will is sometimes lacking.”The press freedom organisation added: “We therefore appeal to Abdou Diouf to compel member countries to comply with a precise timetable to be determined at the Bucharest summit. Our organisation stands ready to explain to member countries once and for all why we think repressive laws are bad and why decriminalization is effective. This is the only logical option for the Francophone countries if they want to be considered democratic and if they want to help their media become more responsible.”Journalists have recently been imprisoned in several countries where press freedom is not in danger. In Niger, for example, where press offences still have not been decriminalized despite electoral promises, Maman Abou, the managing editor of the privately-owned Le Républicain weekly, and Oumarou Keïta, his editor in chief, have been detained since 4 August. They were sentenced on 1 September to 18 months in prison, damages of 5 million CFA francs (7,600 euros) and a fine of 300,000 CFA francs (460 euros) for libel and “disseminating false news.”The government prosecuted them for criticising Prime Minister Hama Amadou. They received an immediate summons, which was illegal because the code of criminal procedure makes no provision for this in cases of press offences. An appeal based on this procedural violation was nonetheless rejected on 25 September, as was a request for their release on bail. One of their lawyers said an appeal based on the facts of the case will not be heard before the end of the year.Saliss Dago of the privately-owned weekly L’Enquêteur was sentenced by a Niamey court on 16 September to six months in prison and a fine of more than 100,000 CFA francs (150 euros) for “disseminating false news” because of a 14 August article headlined “Black mass at Muslim cemetery” about the alleged ritual killing of infants at animist ceremonies in a cemetery in the capital.In Benin, a country that has respected press freedom for years, Virgile Linkpon, the publisher of the privately-owned daily La Diaspora de Sabbat, and Richard Couao-Zotti, his managing editor, were arrested on 15 September and questioned about an article that claimed without supporting evidence that the president’s eldest son was insane. They were finally released on the evening of 18 September. Judicaël Adikpeto, one of the newspaper’s editors, was also arrested and held for a day. None of them was charged.Cyrille Saïzonou, the publisher of the privately-owned daily Djakpata, was arrested on 18 September and was freed the next evening after being questioned by a prosecutor about poorly-sourced articles on 25 August, 1 September and 8 September headlined: “Competitive police exam: why are police chiefs in a hurry?”, “High-level government spying: Yayi Boni minister is secret agent for northern country” and “Holding of competitive police exams: does minister Alia want to permit cheating?”. Saïzonou was not charged.In Mali, where no journalist had been imprisoned since 2003, Amadou Nanco Marikon, the acting manager of Radio Kayira in the southern city of Koutiala, presenters Mohamed Diakité and Magan Sidy, and coordinator Boubacar Diarra were arrested on 23 August after Kayira’s network of radio stations began broadcasting without authorisation. At the prefect’s behest, the police also shut down the network’s antenna at Niono. Gaoussou Goita and Yaya Coulibaly, Radio Kayira 1 presenters in Bamako, were arrested the next day.Charged with “opposing the state’s authority,” the six Radio Kayira staff members were sentenced on 29 August to a month in prison and a fine of 50,000 CFA francs (76 euros). Yaya Sangaré, the president of the Mali Union of Free Radio and Television (URTEL), had contacted the communication and justice ministers prior to the trial in an effort to have them freed on bail, but he was unsuccessful. They were freed on completing their sentences on 25 September.Finally Senegal will hold elections in early 2007 without first carrying out promised changes to its press legislation that have been years in the drafting. Many cases were brought against the press in 2005 and 2006 with heavy penalties being requested by prosecutors. In Chad, the negotiations which the Union of Chadian Journalists (UJT) began with the government still have not reached a conclusion. In Cameroon, the legislative reforms requested by press freedom organisations still have not materialised, although there have been clumsy attempts by the government. center_img News Help by sharing this informationlast_img read more

UK: RSF welcomes Damian Collins as new chair of the APPG on media freedom

first_imgNews United KingdomEurope – Central Asia Freedom of expression Reporters Without Borders (RSF) welcomes the election of Damian Collins MP as the new Chair of the All Party Parliamentary Group (APPG) on media freedom. Collins takes over after inaugural group Chair John Whittingdale OBE MP stepped down due to his appointment earlier this year as Minister of State for Media and Data. News United KingdomEurope – Central Asia Freedom of expression April 20, 2020 Find out more RSF_en May 26, 2020 Find out more Receive email alerts RSF Index 2020: UK ranking declines following the murder of journalist Lyra McKee News Following the launch of the APPG on media freedom in July 2019, Collins joins a cross-party group of parliamentarians from both the House of Lords and House of Commons who have committed to working together to address global and domestic media freedom challenges:“I’m honoured to be taking over as Chair from John, a renowned champion of the freedom of the press. Strong, independent and researched journalism is more important than ever, and the UK has a duty to defend journalists threatened for doing their job – at home and abroad”, said Damian Collins MP.Other APPG officers include Sir Roger Gale MP, Theo Clarke MP, Christian Matheson MP, Lord Black of Brentwood and Lord Foulkes of Cumnock. The APPG membership includes representatives from several parliamentary parties. “We warmly welcome Mr Collins’ election as the new chair of the APPG on media freedom, and look forward to working together as he brings his considerable experience and clear voice to the role. There has never been a more urgent need for strong parliamentary leadership to address the deteriorating global climate for media freedom, including some very worrying trends here in the UK”, said RSF Director of International Campaigns Rebecca Vincent. RSF worked closely with Whittingdale to launch the APPG and looks forward to collaborating with Colllins and continuing to run the APPG secretariat. May 3, 2019 Find out more RSF to launch UK All Party Parliamentary Group on Press Freedom News November 26, 2020 UK: RSF welcomes Damian Collins as new chair of the APPG on media freedom UK: Press freedom under threat in lockdown as government dismisses reporting from “campaigning newspapers” to go further Follow the news on United Kingdom Help by sharing this information Organisation last_img read more

Thryv® Reports Preliminary Fourth Quarter and Fiscal Year 2020 Financial Results, Provides Outlook for…

first_img 2019 9,098 50,985 1,109,435 Interest expense Pinterest Non-cash loss (gain) from remeasurement of indemnification asset (6) 5,443 Three Months Ended December 31, 10,924 42,236 1,300 371,839 Facebook $ Total Revenue Facebook 246,928 71,631 Restructuring and integration expenses (2) For the three months and year ended December 31, 2020, expenses relate to periodic efforts to enhance efficiencies and reduce costs, and include severance benefits, loss on disposal of fixed assets and capitalized software, and costs associated with abandoned facilities and system consolidation. A portion of the severance benefits, amounting to $5.0 million, resulted from COVID-19. For the three months and year ended December 31, 2019, restructuring and integration charges include severance benefits, facility exit costs, system consolidation and integration costs, and professional consulting and advisory services costs related to the YP Acquisition. (2,053) $ Transaction costs (3) 4,557 Net income (loss) 109,800 129,824 WhatsApp 71,631 345,130 312,723 About Thryv Holdings, Inc. The company owns the easy-to-use Thryv® end-to-end customer experience software built for growing small businesses that helps over 40,000 SaaS clients with the daily demands of running a business. With Thryv, they can get the job, manage the job and get credit. Thryv’s award-winning platform provides modernized business functions, allowing small-to-medium-sized businesses (SMB) to reach more customers, stay organized, get paid faster and generate reviews. These functions include building a digital customer database, automated marketing through email and text, updating business listings across the internet, scheduling online appointments, sending notifications and reminders, managing ratings and reviews, generating estimates and invoices and processing payments. Thryv supports franchise operators and multi-location business owners with Hub by Thryv™, a software console that enables businesses managers to oversee their operations using the Thryv software. Thryv also connects local businesses to consumer services through our search, display and social media management products, our print directories featuring The Real Yellow Pages® tagline, and our local search portals, which operate under the DexKnows.com®, Superpages.com® and Yellowpages.com URLs and reach some 35 million monthly visitors. For more information about the company, visit thryv.com. Thryv delivers business services to more than 360,000 SMBs across America that enable them to compete and win in today’s economy. Learn more about Thryv on LinkedIn and Medium. Forward-Looking Statements Some statements included in this release constitute forward-looking statements. Statements that include the words “may”, “will”, “could”, “should”, “would”, “believe”, “anticipate”, “forecast”, “estimate”, “expect”, “preliminary”, “intend”, “plan”, “project”, “outlook”, “future”, “forward”, “guidance” and similar statements of a future or forward-looking nature identify forward-looking statements. These statements are not guarantees of future performance. Forward-looking statements provide current expectations with respect to our financial performance and future events with respect to our business and industry in general. Forward-looking statements are based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Accordingly, there are or will be important factors that could cause our actual results to differ materially from those indicated in these statements. We believe that these factors include, but are not limited to, the risks related to the following: risks related to the ongoing COVID-19 pandemic, the Company’s ability to maintain adequate liquidity to fund operations; the Company’s future operating and financial performance; limitations on our operating and strategic flexibility and the ability to operate our business, finance our capital needs or expand business strategies under the terms of our credit facilities; our ability to retain existing business and obtain and retain new business; general economic or business conditions affecting the markets we serve; declining use of print yellow page directories by consumers; our ability to collect trade receivables from clients to whom we extend credit; credit risk associated with our reliance on small and medium sized businesses as clients; our ability to attract and retain key managers; increased competition in our markets; our ability to obtain future financing due to changes in the lending markets or our financial position; our ability to maintain agreements with major Internet search and local media companies; reduced advertising spending and increased contract cancellations by our clients, which causes reduced revenue; and our ability to anticipate or respond effectively to changes in technology and consumer preferences. All subsequent written and oral forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by such cautionary statements. If one or more events related to these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may differ materially from what we anticipate. For these reasons, we caution you against relying on forward-looking statements. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. These forward-looking statements speak only as of the date hereof and, other than as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. View source version on businesswire.com:https://www.businesswire.com/news/home/20210222005261/en/ CONTACT: Media Contact: Paige Blankenship Thryv, Inc. 972.453.3012 [email protected] Contact: Cameron Lessard Thryv, Inc. 214.773.7022 [email protected] Christopher Thryv, Inc. 972.453.7068 [email protected] KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: TECHNOLOGY OTHER COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS MARKETING COMMUNICATIONS PROFESSIONAL SERVICES SOFTWARE SMALL BUSINESS RETAIL ONLINE RETAIL SOURCE: Thryv Holdings, Inc. Copyright Business Wire 2021. PUB: 02/22/2021 07:30 AM/DISC: 02/22/2021 07:30 AM http://www.businesswire.com/news/home/20210222005261/en — (654) 4,583 14,988 34,870 Depreciation and amortization expense Twitter 32,407 21,883 24,911 2020 — $ 4,093 The Company records stock-based compensation expense related to the amortization of grant date fair value of the Company’s stock-based compensation awards. Prior to October 1, 2020, stock-based compensation expense includes the remeasurement of these awards at each period end. Loss on early extinguishment of debt Expenses related to the Company’s direct listing and other transaction costs. $ 149,221 (2) 481,633 2019 40,290 53,161 $ 2019 $ (1) 2020 (6) — 14,119 122,505 5,938 (118,306) 206,270 Income tax benefit of $118.3 million and $108.0 million recorded during the three months and year ended December 31, 2020, respectively, is primarily attributable to a partial release of the Company’s valuation allowance on the basis of management’s reassessment of the amount of its deferred tax assets that are more likely than not to be realized. 35,640 92,951 (Benefit) provision for income taxes (1) Non-GAAP Measures Our preliminary results included in this press release include Adjusted EBITDA, which is not presented in accordance with U.S. generally accepted accounting principles (“GAAP”). This non-GAAP measure is presented for supplemental informational purposes only and is not intended to be considered in isolation or as a substitute for, or superior to, financial information prepared and presented in accordance with GAAP. Please refer to the supplemental information presented in the table below for a reconciliation of Adjusted EBITDA to net income, the most comparable GAAP financial measure. We believe that this non-GAAP financial measure provide useful information about our financial performance, enhances the overall understanding of our past performance and future prospects and allows for greater transparency with respect to important metrics used by our management for financial and operational decision-making. We believe that this measure provides an additional tool for investors to use in comparing our core financial performance over multiple periods with other companies in our industry. However, it is important to note that the particular items we exclude from, or include in, our non-GAAP financial measures may differ from the items excluded from, or included in, similar non-GAAP financial measures used by other companies in the same industry. The following is a reconciliation of Adjusted EBITDA to its most directly comparable GAAP measure, net income (in thousands): In connection with the YP Acquisition, the seller provided the Company indemnity for future potential losses associated with certain federal and state tax positions taken in tax returns filed by the seller prior to the Acquisition Date. The indemnity covers potential losses in excess of $8.0 million and is capped at an amount equal to the lesser of the uncertain tax position liability or the current fair value of the 1,804,715 shares of the Company’s common stock issued to the seller as part of the purchase consideration. 979,611center_img (4) (2,895) 35,504 Twitter 1,421,374 Marketing Services Revenue 6,375 $ 5,497 (3,614) (3) Year Ended December 31, Adjusted EBITDA (1) 371,839 $ Impairment charges (7) 6,081 Stock-based compensation expense (benefit) (4) 2020 149,221 18,062 212,058 $ Other components of net periodic pension cost is from our non-contributory defined benefit pension plans that are currently frozen and incur no additional service costs. The most significant component of other components of net periodic pension cost relates to the mark to market pension remeasurement. $ 109,800 Net income (loss) $ 1,565 (553) (107,983) 1,292,795 Three Months Ended December 31, Other components of net periodic pension cost (5) Local NewsBusiness 33,364 68,539 2020 (7) 128,579 611 (943) Adjusted EBITDA Other (8) $ Unaudited; in thousands (2,053) (1) Reconciliation of Adjusted EBITDA Previous articleIn Israel and beyond, virus vaccines bring political powerNext articleJuniper Research: Smart Traffic Management to Significantly Reduce Congestion and Emissions; Saving Cities $277 Billion by 2025 Digital AIM Web Support SaaS Revenue 481,633 122,505 DALLAS–(BUSINESS WIRE)–Feb 22, 2021– Thryv Holdings, Inc. (NASDAQ:THRY), the provider of Thryv ® software, the end-to-end client experience platform for growing small businesses, announced preliminary, unaudited results for the fourth quarter and fiscal year 2020, exceeding previously issued guidance for the same period. “We are pleased with our performance in what was a challenging year for so many companies. Thryv’s SaaS business is growing, and the numbers reflect that,” said Joe Walsh, CEO of Thryv. “It is energizing to start this new year in a position of strength, and as we move through 2021, we will look to capitalize on the momentum we are seeing. As we look forward to 2021 and future years, we believe we are well positioned as a category leader in SaaS.” Preliminary Fourth Quarter 2020 Financial Highlights:SaaS revenue was $34.9 million, an 8% increase year-over-year. Our guidance was $33 millionMarketing Services revenue was $212.1 million. Our guidance range was $190-$200 millionTotal revenue was $246.9 million. Our guidance range was $223-$233 millionNet income was $109.8 millionAdjusted EBITDA was $71.6 million. Our guidance range was $58-$63 million Preliminary Fiscal Year 2020 Financial Highlights:SaaS revenue was $129.8 million. Our guidance was $128 millionMarketing Services revenue was $979.6 million. Our guidance range was $955-$965 millionTotal revenue was $1,109.4 million. Our guidance range was $1,083-$1,093 millionNet income was $149.2 millionAdjusted EBITDA was $371.8 million. Our guidance range was $358-$363 million Additional Preliminary Business Highlights:SaaS ARPU increased to $293 in the fourth quarter, up from $260 in the third quarter of 2020Total SaaS clients ending the fourth quarter of 2020 was 44.0 thousand, flat when compared to the third quarter of 2020SaaS monthly churn improved to 2.4% in the fourth quarter, down from 2.7% in the third quarter of 2020Leverage Ratio was 1.3x in the fourth quarter, as defined in the Thryv, Inc. credit agreementTotal Debt repayment was $186.1 million for fiscal year 2020. Term loan and ABL ending balances for the fourth quarter of 2020 were $449.6 million and $79.2 million, respectively We have provided preliminary unaudited estimated results. These unaudited results reflect management’s estimates based solely upon information available to it as of the date of this release and are not a comprehensive statement of our financial results. As a result, there is a possibility that our final audited results which will be included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (our “Annual Report”) will vary from these preliminary estimates. Outlook: Based on information available as of February 22, 2021, Thryv Holdings is issuing guidance for fiscal year 2021 as indicated below.SaaS revenue between $139 – $143 millionMarketing Services revenue between $740 – $760 million These statements are forward-looking and actual results may materially differ. Refer to the “Forward-Looking Statements” section below for information on the factors that could cause our actual results to materially differ from these forward-looking statements. Earnings Conference Call Information Thryv will announce the date of its fourth quarter and fiscal year 2020 earnings conference call in an upcoming release. Preliminary Unaudited Results The following is preliminary unaudited information for the three months and year ended December 31, 2020. Audited information for the three months and year ended December 31, 2019 is included for comparability (in thousands): 20,999 By Digital AIM Web Support – February 22, 2021 Thryv® Reports Preliminary Fourth Quarter and Fiscal Year 2020 Financial Results, Provides Outlook for Fiscal Year 2021 6,320 28,459 (5) 146,523 Impairment charges of $5.5 million and $24.9 million recorded during the three months and year ended December 31, 2020, respectively, are primarily due to the Company closing certain office buildings as part of becoming a “Remote First” company and consolidating operations at certain locations. Impairment charges of $0.6 million and $5.7 million recorded during the three months and year ended December 31, 2019, respectively, are due to consolidating operations at certain locations and are included in Restructuring and integration charges in the consolidated statements of operations. 2019 (798) Year Ended December 31, (8) Other primarily includes expenses related to potential non-income based tax liabilities. 5,670 TAGS  Pinterest Refer to “Non-GAAP Measures” below for the reconciliation to the most comparable GAAP measure 35,504 WhatsApp (553)last_img read more

Main Evening News Sport & Obituaries Wednesday Nov 6th

first_imgHomepage BannerNews Main Evening News Sport & Obituaries Wednesday November 6th: Pinterest DL Debate – 24/05/21 Facebook WhatsApp Important message for people attending LUH’s INR clinic RELATED ARTICLESMORE FROM AUTHOR Previous articleHarry Ascroft joins Melbourne based DandenongNext articleGAA Programme – Frank McGlynn News Highland Pinterest Facebook Twitter Journey home will be easier – Paul Hegarty By News Highland – November 6, 2019 WhatsApp Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/11/newssssssssssss.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Google+ Arranmore progress and potential flagged as population grows Harps come back to win in Waterford Twitter News, Sport and Obituaries on Monday May 24th Main Evening News Sport & Obituaries Wednesday Nov 6th Google+last_img read more

This woman’s pup-filled Christmas card aims to spread awareness of Houston’s stray pit bulls

first_imgLunja/iStock(HOUSTON) — A Houston dog lover and animal advocate created a paws-itively perfect Christmas card to spread holiday cheer as well as awareness to help stray dogs in the area.Amanda Hulebak took her warm and fuzzy photo with a group of 18 rescue dogs — six of which she adopted and others that she fosters — for the third straight year. Hulebak told ABC News that this year’s photo, shot by photographer Kaley Elaine, “took hours to get.” “It was a lot of fun because our photographer was so great and patient — the dogs loved her,” she said.Elaine told ABC News that working with Hulebak on this project was “a privelege.”“Amanda is such an inspiration to our community and it was a privilege to be a part of such a unique project,” the photographer said. Hulebak said she first “got this crazy idea to take a picture with all the dogs” three years ago when she only had four at that time. “We got the picture back and I was like this is perfect.”Part of the purpose of the pictures is to “capture” the demeanor of the animals.“One of my missions in my rescue work is to bring a positive light to the pit bull breed. I know that my dogs are extremely well-behaved and I wanted to capture that,” she explained.Hulebak shared this year’s pup-filled photo on Facebook with the caption, “Oh, I’m sorry you can’t foster, why?” Since the initial post on Dec. 5, the picture has garnered nearly 1,500 likes and been shared over 1,000 times.Hulebak has been helping rescue dogs for 13 years. Most recently, she began expanding her efforts to social media using the hashtag #thisishouston to post dogs in her network as well as an array of local fostering and rescue organizations that she works with closely. (To name a few: The Purple Pittie & Friends, Pup Squad Animal Rescue, Cypress Lucky Mutts.) “If theres a goal in posting that picture, it wasn’t for the likes or praise or thank yous, but for my efforts to show I have 18 dogs that are all rescued from the streets,” Hulebak said. “This is our city and this is our problem.”Although none of the dogs in the photo have been adopted yet, Hulebek said she’s hopeful that the continued awareness will help in their search for a forever home.“It’s gotten a lot of attention so it’s great for our efforts to bring exposure to what we do and why we do it.”She continued, “I don’t expect people to be as crazy as I am. I’ve dedicated my life for this for years because that’s what makes me happy.”Copyright © 2018, ABC Radio. All rights reserved.last_img read more

Flash flooding causes mudslides, wipes out roadways in Southern California

first_imgABC News(NEW YORK) — A large storm brought heavy rain, high winds and very heavy mountain snow to California on Saturday. A series of storms is set to bring further impacts to the region over the next few days.The rainy weather on Saturday caused flooding in Malibu, on the Los Angeles River in Glendale, and raging waters flowing down the Pacific Coast Highway. The storm brought damaging winds to Southern California, with gusts at Point Conception reaching 76 mph.  Nearly 18 inches of fresh snow fell at Mammoth Mountain, and a possible tornado was reported in Acton.The rain came at a particularly intense rate, with 0.23 inches of rain in 10 minutes reported in Beverly Hills, 0.31 inches of rain in Malibu in just five minutes, and a half an inch of rain in five minutes in Santa Barbara.Multiple systems will bring more rounds of unsettled weather to the western U.S. through Tuesday. Heavy rain is impacting much of the California coast on Sunday morning, with the heaviest rain between San Francisco and Los Angeles.Winter storm warnings, watches and advisories, as well as flood and wind alerts, are in effect for much of the western U.S. through the next few days.Another system will slide south and east toward California on Sunday and bring multiple rounds of rain to the California coastline. However, rain will become more widespread by Monday as the storm comes ashore, and heavy rain will fall once again in Southern California.Farther north, colder air and snow will be moving into the Northwest as well. There is a possibility of some lowland snow in Seattle from Sunday night into Monday morning. Even though accumulations will be light, it could make for a problematic morning commute. That storm will also move inland on Monday; however, it is expected to be less intense than the previous two storms.About 1 to 2 inches more rain will fall along the Southern California coastline through Tuesday, with the majority of that coming in Monday’s storm. Locally, 7 to 10 feet of snow accumulation is expected in the Sierra Nevada Mountains. Snow will also move into the southern Cascades and northern Rockies, with 1 to 2 feet of fresh snow expected locally.Mild weather expanding in MidwestA major warmup is underway in the Midwest after the region dealt with a brutal cold blast early this week. Lone Rock, Wisconsin, which was minus 39 on Thursday, reached 41 degrees on Saturday. That is an 80-degree warmup in 57 hours.Mild air will keep expanding throughout the central U.S. Sunday, with temperatures reaching nearly 40 degrees in Nebraska, Iowa and Illinois. Temperatures will reach almost 70 from Oklahoma City to Little Rock, Arkansas — nearly 20 degrees above average. Temperatures are in the low 60s to mid-50s from St. Louis to Roanoke, Virginia, about 10 to 15 degrees above average.Some of this mild air will slide east on Monday, with another mild day from Oklahoma City to Detroit. Chicago will start the day in the 40s, but the passing of a cold front will bring the temperature back down into the 30s, which is seasonable for this time of year.When the milder air reaches the East Coast, it will be accompanied by a mix of clouds and sun for the major Northeast cities. The latest forecast guidance shows temperatures will be approaching the 60s by Tuesday, with sun and clouds from Washington, D.C., to Boston.The combination of sunshine and temperatures nearly 20 degrees above average is relatively atypical in this region of the country in February. Additionally, it will likely be the nicest and most comfortable weather this region has seen in months.Copyright © 2019, ABC Radio. All rights reserved.last_img read more