B0XER42 USAF C-40C departed JBA ne heading across the pond
Note another use of 0 rather than O...operators are active
This AC had a trip out to San Francisco Int'l on 0701 and returned to JBA on 0702...same 0 in da call sign as B0XER41
02-4452 USAFSOC C-32B sw from McGuire AFB depart
Apollo mulls bid for British supermarket chain, taking on SoftBank-backed Fortress
Apollo Global Management announced Monday it was mulling a rival bid for the retailer after it agreed an $8.7 billion takeover deal with SoftBank-owned Fortress Investment Group.
On Saturday, the board recommended a 254 pence per share ($3.52 per share) cash offer from a consortium led by Fortress, which includes Canada Pension Plan Investment Board and Koch Real Estate Investments. WM Morrison, Britain’s fourth-largest supermarket chain, could be about to become the target of an international bidding war.
Apollo Global Management announced Monday it was mulling a rival bid for the retailer after it agreed an $8.7 billion takeover deal with SoftBank-owned Fortress Investment Group.
In a statement, Apollo said it was in the preliminary stages of evaluating a potential bid but had yet to approach Morrisons’ board.
On Saturday, the board recommended a 254 pence per share ($3.52 per share) cash offer from a consortium led by Fortress, which includes Canada Pension Plan Investment Board and Koch Real Estate Investments. The offer values the company at £6.3 billion.
The bid exceeded a previous unsolicited approach from U.S. private equity firm Clayton, Dubilier & Rice (CD&R), which Morrisons rejected last month. However, Morrisons’ eighth-largest shareholder, JO Hambro, last week said it would want to see an offer of at least £6.5 billion ($9 billion) for the company.
The three largest shareholders — Silchester, BlackRock and Columbia Threadneedle — cumulatively account for more than 35% of shares and have yet to publicly comment on the Fortress proposal. Morrisons shares surged more than 11% on Monday as the race heated up, while the stock of fellow British supermarket groups Sainsbury’s, Marks & Spencer and Tesco also nudged higher.
https://www.cnbc.com/2021/07/05/apollo-joins-softbank-backed-fortress-in-race-to-buy-british-supermarket-chain.html
Banks poised for 13% dividend boost when OSFI allows
Canada’s six largest banks, flush with capital after the pandemic failed to bring an extended wave of loan defaults, could boost their dividends by an average of 13 per cent when regulators allow them to resume payout increases and still have room to buy back almost 2 per cent of their shares.
The banks’ payouts have fallen to the low end of or even below the 40 per cent to 50 per cent of profits they typically distribute because the country’s bank regulator prohibited dividend increases and share buybacks in March 2020. The Office of the Superintendent of Financial Institutions is expected to lift those restrictions in the second half, which would result in significant dividend hikes at most Big Six banks, according to an analysis by Bloomberg Intelligence. “There is an improvement in earnings that’s expected, and if that’s the case, they should be able to return capital, especially if we consider the capital levels that these banks built up,” Paul Gulberg, an analyst for Bloomberg Intelligence, said in an interview. National Bank of Canada and Bank of Montreal would have the largest dividend increases if they paid out 45 per cent of earnings, based on consensus earnings estimates for fiscal 2022, which begins Nov. 1.
Only Bank of Nova Scotia the Canadian bank with significant exposure to Latin America, and one analysts expect will post a more muted earnings gain than rivals next year wouldn’t be projected to have an increase under that model. It’s extremely unlikely Scotiabank would cut its dividend and would instead allow its payout ratio to drift toward the higher end of its targeted range, Gulberg said. The bank last declared a dividend increase August 2019, when it raised it 3.4 per cent. Regulators in many regions imposed limits or bans on dividends near the onset of the COVID-19 pandemic, anticipating that the sudden drop in economic activity could lead to cascading loan defaults that would diminish banks’ capital. Canadian lenders, like their U.S. peers, took large provisions for potential losses in the early days of the crisis, but have now returned to higher profit levels.
The banks aren’t signaling that they’ll approve so-called “catch-up dividends,” where they boost their payouts aggressively in the short term to make up for the increases they weren’t able to provide over the past year, Gulberg said. Even after boosting their dividends for next year, the banks would still have the financial wherewithal to buy back almost 2 per cent of their shares. The table below assumes that the banks return to a 45 per cent dividend payout ratio and aim to return a total 65 per cent of their profits to shareholders through a combination of dividends and buybacks. That 65 per cent capital return ratio is a typical pre-pandemic level for Canadian banks, Gulberg said. OSFI has not yet committed to a timeline for removing the restrictions. Peter Routledge, Canada’s new bank superintendent, said in an interview on BNN Bloomberg Television last week that the level of “financial uncertainty” for the banks is diminishing, but that it’s still not prudent to lift the capital-distribution limits.
https://www.bnnbloomberg.ca/banks-poised-for-13-dividend-boost-when-osfi-allows-1.1625410
OPEC+ talks abandoned without a deal, sending oil prices higher
OPEC+ failed to reach a deal, abandoning its planned meeting and leaving the oil market facing much tighter supplies than had been expected.
Several days of tense talks failed to resolve a bitter dispute between Saudi Arabia and the United Arab Emirates, delegates said, asking not to be named because the information wasn’t public. In absence of an agreement, the cartel’s current production limits will remain in place, depriving the global economy of vital extra supplies as demand recovers rapidly from the coronavirus pandemic.
Crude prices jumped 0.8 per cent to US$76.77 a barrel as of 4:25 p.m. in London.
The outcome is a significant failure for the cartel. Relations have soured between two core members of the Organization of Petroleum Exporting Countries to such an extent that no compromise was possible. It damages the group’s self-image as a responsible steward of the oil market, raising the likelihood of a further inflationary price spike.
https://www.bnnbloomberg.ca/opec-talks-abandoned-without-a-deal-sending-oil-prices-higher-1.1625468
https://www.macrotrends.net/2566/crude-oil-prices-today-live-chart
Japan seeks to have vaccine passports accepted by over 10 nations
Japan is making arrangements for its COVID-19 vaccination passports to be accepted by over 10 nations, including Italy, France and Greece, after the certificate program begins in late July, government sources said Sunday.
If the agreements are reached, certificate holders will be exempt from quarantine or showing negative test results for COVID-19 when traveling from Japan to those countries, the sources said. But the Japanese government plans to continue requiring travelers entering Japan, including returnees, to quarantine for two weeks even if they have been vaccinated. The position has complicated negotiations with countries such as Singapore and Israel, which have called for mutual exemption, the sources said.
So-called vaccine passports are official documents showing a person has been fully vaccinated against COVID-19. The certificate, to be issued by municipalities, will include the holder’s name, passport number and date of vaccination. Business circles in Japan have been calling for the introduction of vaccine passports. The country’s largest business lobby, the Japan Business Federation, known as Keidanren, proposed in late June that such certificates be in digital format. Japan has lagged behind the United States, Britain and Israel, among others, in its rollout of COVID-19 vaccinations. However, it has stepped up efforts to inoculate citizens ahead of the Tokyo Olympics starting on July 23. A quasi-state of emergency is in place for urban areas like Tokyo amid fears of the spread of the highly transmissible delta variant of the coronavirus. “Until we see the spread of the delta variant subside, it will be difficult to allow the mutual exemption of quarantine,” a Japanese government source said.
Japan has a sweeping ban on new entries of foreign nationals to cope with the pandemic, except those with approval given under “special exceptional circumstances.” Travelers entering Japan are asked to stay at home or a designated facility for 14 days after arrival. The European Union has its own digital vaccination passport for EU citizens and residents. Certificate holders are exempt from testing and quarantine when traveling to a different country within the bloc.
The World Health Organization does not endorse making vaccine passports mandatory for travelers as equal access to COVID-19 vaccines has not been ensured.
https://www.japantimes.co.jp/news/2021/07/05/national/japan-covid-19-vaccination-passports/
>>69390
did not come from here and the flight that anon mentions C202 was not in Barcelona..departed Madrid.
The addition to that post that came from here was that C202 US Coast Guard G5 departed El Paso Int'l just after kneepads did on 0625
yeah for sure.
or assign you some personality they have created.
They habs run out of them to gibs me.
kek