#1.31 home for the holidays
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Hercules and Iolaus' synchronized walk + brush hair behind ear move
#that's what training together day in and day out does to you#cheiron must be proud#💜💛#hercules and iolaus#the whole gang#young hercules#yh#1.31 home for the holidays#dean o'gorman#jodie rimmer#ryan gosling#chris conrad
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Finale Ratings Update - Hallmark Movies/Series (Hallmark Channel/Hallmark Mystery)
Holiday Touchdown: A Chiefs Love Story (CTC) - 2.88
Three Wiser Men and a Boy (CTC) - 2.37
Santa Tell me (CTC) - 2.25
Our Holiday Story (CTC) - 1.89
The Santa Class (CTC) - 1.87
The Heiress and the Handyman (FIL) - 1.86 Happy Howlidays (CTC) - 1.86
Romance With a Twist (NYNM) - 1.85
Falling in Love in Niagara (SIL) - 1.80
Love on the Right Course (NYNM) - 1.78
Sugarplummed (CTC) - 1.76
The Real West (FIL) - 1.75
Jingle Bell Run (CTC) - 1.73
A Scottish Love Scheme (NYNM) - 1.72
Autumn at Apple Hill (FIL) - 1.70
Branching Out (SIL) - 1.67
Blind Date Book Club (SIL) - 1.65
An Easter Bloom (DaySpring) (SIL) - 1.62 'Tis the Season to Be Irish (CTC) - 1.62 Following Yonder Star (DaySpring) (CTC) - 1.62
The Magic of Lemon Drops (SN) - 1.59
Paging Mr. Darcy (L) - 1.57 The Christmas Quest (CTC) - 1.57
Holiday Crashers (CTC) - 1.55
Holiday Mismatch (CTC) - 1.53
Falling Together (FIL) - 1.52
Betty’s Bad Luck in Love (NYNM) - 1.51 Shifting Gears (SIL) - 1.51 Falling Like Snowflakes (CIJ) - 1.51
A Very Vermont Christmas (CIJ) - 1.50 Deck the Walls (CTC) - 1.50
Love & Jane (L) - 1.49 His & Hers (FIL) - 1.49
A Whitewater Romance (CTS) - 1.48
A Costa Rican Wedding (SN) - 1.47 To Have and To Holiday (CTC) - 1.47 Leah's Perfect Gift (CTC) - 1.47
For Love & Honey (PTL) - 1.46 Savoring Paris (PTL) - 1.46 The Christmas Charade (CTC) - 1.46
Haunted Wedding (FIL) - 1.43
Private Princess Christmas (CTC) - 1.40
Debbie Macomber's Joyful Mrs. Miracle (CTC) - 1.36
Head Over Heels (SN) - 1.33
A Greek Recipe for Romance (PTL) - 1.30 Christmas on Call (CTC) - 1.30
Everything Puppies (CTS) - 1.31
An American in Austen (L) - 1.28
Legend of the Lost Locket (SIL) - 1.27
Junebug (SN) - 1.22
'Twas the Date Before Christmas (CTC) - 1.19
A Carol for Two (CTC) - 1.14
Two Scoops of Italy (PTL) - 1.13 Scouting for Christmas (CTC) - 1.13 Christmas with the Singhs (CTC) - 1.13 The Finnish Line (CTC) - 1.13
Trivia at St. Nick's (CTC) - 1.10
Hanukkah on the Rocks (CTC) - 1.09
My Dreams of You (SN) - 1.07
The 5-Year Christmas Party (CTC) - 1.06
Confessions of a Christmas Letter (CTC) - 0.99
Sense and Sensibility (Mahogany) (L) - 0.94 A Taste of Love (L) - NA A '90s Christmas (CTC) - NA Believe in Christmas (CTC) - NA
NYNM - New Year New Movies, L - Loveuary with Jane Austen, SIL - Spring Into Love, CTS - Countdown to Summer, PTL - Passport to Love, CIJ - Christmas in July, SN - Summer Nights FIL - Fall Into Love, CTC - Countdown to Christmas, MOC - Miracles of Christmas, NA - Not Available, TBD - To Be Determined
The Way Home - Season 2 E1: The Space Between - 1.25 E2: Hanging by a Moment - 1.16 E3: When You Were Young - 1.19 E4: Wake Me Up When September Ends - 1.03 E5: Long Time Gone - 1.14 E6: How to See a Life - 1.24 E7: Somewhere Only We Know - 1.08 E8: Lose Yourself - 1.11 E9: Here Without You - 1.09 E10: Bring Me to Life - 1.36
When Calls the Heart - Season 11 E1: When Stars Align - 1.77 E2: Tomorrow Never Knows - 1.72 E3: Steps Forward - 1.85 E4: Along Came a Spider - 1.77 E5: Stronger Together - 1.91 E6: Believe - 1.98 E7: Facing the Music - 1.78 E8: Brother’s Keeper - 1.77 E9: Truth Be Told - 1.94 E10: What Goes Around - 2.16 E11: Run to You - 2.14 E12: Anything for Love - 2.18
A Reason for the Season (MOC) - 0.92
A Dance in the Snow (MOC) - 0.85
All I Need for Christmas (MOC) - 0.81
A Novel Noel (MOC) - 0.79 Christmas Under the Lights (MOC) - 0.79
True Justice: Family Ties - 0.76
One Bad Apple: A Hannah Swensen Mystery - 0.74
A Sprinkle of Deceit: A Hannah Swensen Mystery - 0.73
Curious Caterer: Foiled Plans - 0.71
Curious Caterer: Forbidden Fruit - 0.68
Gilded Newport Mysteries: Murder at the Breakers - 0.65 Tipline Mysteries: Dial 1 for Murder - 0.65
This Time Each Year (MOC) - 0.64
My Sweet Austrian Holiday (MOC) - 0.60
Family Practice Mysteries: Coming Home - 0.58
Five Gold Rings (MOC) - 0.54
CrimeTime: Freefall - 0.53
Crimes of Fashion: Killer Clutch - 0.43 Signed, Sealed, Delivered: A Tale of Three Letters - NA Jazz Ramsey: A K-9 Mystery -NA Nelly Knows Mysteries: A Fatal Engagement - NA The Cases of Mystery Lane: Death is Listening - NA Trading Up Christmas (MOC) - NA
#ratings#hallmark channel#hallmark mystery#hallmark movies#hallmark original series#hallmark history
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Overview Financial Rate
Wings Financial Credit Union was founded in Minneapolis in 1938 by seven Northwest Airlines employees. It now boasts more than $7.5 billion in assets and over 320,000 members. Members have access to 27 branch locations in Minnesota, two in Michigan, and one each in Florida, Georgie and Washington. They also get the use of more than 80,000 fee-free ATMs nationwide.The credit union offers a variety of checking, savings, money market, IRA and CD accounts in addition to auto, home and personal loans. GOBankingRates has ranked it as one of the Top 100 Banks and Best Credit Unions of 2022.
Overview Financial Rate
Checking Accounts
Wings Financial offers two types of checking accounts: First Class Checking and High-Yield Checking. Both are interest-bearing accounts with no monthly service fees and free bill payer service. Both carry a $5 minimum to open.
First Class Checking pays an APY of 0.01%. Members also can earn rewards points with this account.
High-Yield Checking pays an excellent APY of 3.04% on the first $25,000 and 0.01% on amounts over $25,000. It does not offer rewards points. To earn the higher dividend rate, members must be enrolled in eDocuments, have ACH direct deposit(s) totaling over $300 in the 34 calendar days preceding the last day of the month and have 15 net PIN or signature point-of-sale debit card transactions over $5 in the 34 calendar days preceding the last day of the month.
Savings Accounts
Wings Financial Credit Union offers three primary savings accounts: Share Savings, High-Yield Savings and Money Manager Savings. None has a monthly service fee. Share Savings has a $5 minimum balance to open, while the two other accounts have no minimum opening requirement.Share Savings and Money Manager Savings both pay an APY of 0.15%, with interest compounded and credited quarterly.
High-Yield Savings offers tiered interest rates, with interest compounded and credited monthly. The APY is 0.10% for balances up to $10,000; 1.31% for balances of $10,000 to $49,999; 0.35% for balances of $50,000 to $249,999 and 0.45% for balances of $250,000 and higher.
Wings Financial also offers a Holiday Club Account that pays a 0.15% APY. Other savings products include a Custodial Savings Account for minors, a Coverdell Education Savings Accounts and an IRA Savings Account.
Money Market Account
Wings Financial offers a single primary Money Market Account with no monthly fees. Interest rates are tiered, though you must have at least $5,000 in the account to earn interest. The APY is 0.15% for balances of $5,000 to $49,999; 0.20% for balances of $50,000 to $99,999; and 0.25% for balances of $100,000 and higher.
Certificates
Certificates are the credit union equivalent of CDs, and Wings Financial offers certificates with maturities between three months and five years. It also offers a 12-Month Add-On certificate and a 5-Year Step-Up certificate. There is a $500 minimum to open. Members can get some outstanding rates on CDs, as long as they keep a lot of money in the account.
The APY for regular certificates varies by the term and balance. It ranges from 0.15% for a three-month certificate with a balance of $500 to $9,999.99, to an APY of 1.36% for a 5-year certificate with a balance of $250,000 or higher.
The 12-Month Add-On certificate allows unlimited deposits of $50 or more for the initial term. It pays an APY of 0.45%.
The Step-Up Certificate can be stepped up one time, with the current 5-year standard term certificate rate applying to the remaining term of the certificate. The current APY ranges from 1.06% for balances of $500 to $9,999.99 to 1.21% for balances of $250,000 or higher.
How Wings Financial Earned Its Scores
Fees
Wings Financial Credit Union charges no fees on its basic banking accounts, including checking, savings, money market and CD accounts. But some of its other fees can get expensive, such as a $30 overdraft fee per item and $30 stop payment fee per check. Wire transfers are $30 for domestic and $50 for international.
APYs
Wings Financial offers some of the best rates you’ll find anywhere, including 1.76% for High-Yield Checking balances up to $25,000; up to 0.45% for High-Yield Savings; and 1.36% for a 5-year certificate with a balance of $250,000 or higher.
Breadth of Products
Wings Financial Credit Union might be a regional institution, but it still offers a full lineup of banking products that most customers need, including checking, savings and money market accounts, CDs, IRAs, credit cards and loans.
Account Minimums
There is no minimum balance requirement to open a checking account or High-Yield Savings account. But you have to have at least $5,000 in the Money Market account to earn any interest, and certificates have a $500 minimum to open.
Editor’s Favorite
Two of Wings Financial Credit Union’s main strengths are the robust APYs available on its High-Yield Checking account and certificates and the lack of fees on most basic banking accounts.
Wings Financial Credit Union vs. Competitors
It’s a good idea to consider all of your options before you select a financial institution. Here’s a look at how Wings Financial stacks up against a few of its competitors.
BANK BEST FOR Wings Credit Union High APYs and low fees for customers in its service area Central Minnesota Credit Union Numerous options for personal and business accounts Ally Bank A wide product lineup for online banking customers Navy Federal Credit Union Very high certificate APYs for those with ties to the U.S armed forces, Defense Department and National Guard
Wings Financial Credit Union vs. Central Minnesota Credit Union
Central Minnesota Credit Union has a wider range of business accounts and solutions, but Wings Financial gets the nod for the higher APY on its High-Yield Checking account.
Wings Financial Credit Union vs. Ally Bank
Ally offers more products than Wings Financial, especially in terms of investment options, but it can’t match Wings Financial when it comes to high-yield checking rates.
Wings Financial Credit Union vs. Navy Federal Credit Union
Not even Wings Financial can match the 3.00% APY that Navy Federal offers on its Special EasyStart Certificate. However, you have to have direct ties to either the armed forces, U.S. Department of Defense or National Guard to join Navy Federal, which means many residents in Wings Financial’s service area won’t qualify.
Final Take
Wings Financial Credit Union has a limited geographical reach, and that’s a shame because the credit union has features that many customers would enjoy, ranging from no-fee accounts to high overall APYs. Those in need of more complex banking transactions, such as home loans or IRAs, also will find those available at the credit union, which elevates it over online banks with limited offerings.
Wings Financial Credit Union FAQ
Here are the answers to some commonly asked questions about Wings Financial Credit Union.
How do I become a member?
You can join Wings Financial Credit Union by opening a Share Savings account with a $5 deposit. Here are some ways to qualify for membership:
- If you live or work in the Seattle-Tacoma, Detroit, Orlando or Atlanta metro areas, or an eligible Minnesota or Wisconsin county
- If you or an immediate family member are employees of airlines, government agencies working with the aviation industry, or work at an airport directly with air freight, air courier or air transportation
- If your immediate family members are current Wings members or members of the Wings Financial Foundation
Is Wings Financial FDIC insured?
No. However, depositors are still protected up to $250,000 via the National Credit Union Administration. The only difference is that FDIC insurance applies to banks, and NCUA insurance applies to credit unions.
Does Wings Financial Credit Union offer free money for signing up for an account?
Wings Financial Credit Union occasionally runs promotions that offer free money for opening an account. Its most recent one, which offered a $300 checking bonus for new members who open an account at a branch, expired on Dec. 31, 2021.
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History of record-low Raw ratings
In the past few years we’ve heard a lot about WWE Raw scoring scary low ratings. That’s partly because the really bad numbers get reported with qualifiers like “the third lowest number in the modern history of the show for a non-holiday episode that didn’t have major sports competition." (source: Wrestling Observer, March 9, 2020) So for a while now I’ve wanted to track the historic lows in Raw history. Lucky for me the recent slump has made this a lot easier.
To start with, we have to look at 1996, when WWF Raw was facing stiff competition from WCW Nitro. The December 23, 1996 Raw scored a 1.5 rating, which Dave Meltzer said at the time was the lowest in the history of Raw, Prime Time Wrestling, and Tuesday Night Titans. The following week’s show, from December 30, did slightly better with a 1.6. The proximity to Christmas and New Year’s Eve clearly hurt these shows; the lowest non-holiday number for Raw was apparently a 1.78 on October 14, 1996. Since a major boom for the WWF was right around the corner, these low marks went unchallenged for decades.
Raw’s overall household rating stayed above 1.8 until September 26, 2016. The show went head-to-head with one of the Donald Trump/Hillary Clinton debates, and scored a 1.74 with 2.46 million viewers. The poor performance against such tough competition was not cause for concern, of course, but it’s useful context for what came later. Over the next two years, Raw would only sink below 1.8 five more times--May 29, June 12, and December 25 in 2017, and May 28 and June 4 in 2018. But then there was a 16-week stretch of ratings below 1.8, from September 24, 2018 to January 7, 2019. The 2016 non-holiday low was broken about a dozen times.
On December 10, 2018, Raw scored a 1.58 rating and 2.194 million viewers, which was easily lower than any episodes except 12/23 and 12/30 in 1996. This terrible number led to the rather desperate December 17 episode, where the McMahon family promised big changes. That propped up the rating for a week, but with the holidays coming up everyone expected bad numbers for the rest of the month. The December 24 episode set a new all-time record low with a 1.22 rating and 1.775 million viewers. The December 31 episode became the all-time #2 low with a 1.31 rating and 1.968 million viewers.
Before we move on to 2019 and 2020, I should address the elephant in the room. I’ve been describing Raw’s ratings using Nielsen Media Research’s estimates for household rating (the percentage of homes that have a channel which are watching that channel) and total viewers. But I don’t actually have the total viewership numbers from 1996; in those days that stat got less coverage in wrestling news than the rating. Nowadays, TV ratings tend to be reported in terms of total viewers and the rating in key demos (e.g., people 18-49), since that’s what matters most to decision makers in the TV industry. So it’s gotten harder and harder to find the total household rating; Dave Meltzer seemed to forget to mention it sometimes in 2018 and 2019, and he appears to not even bother with it in 2020. That makes it difficult to compare today’s ratings to the numbers we have from the 1990s. Even so, we can get a rough picture by comparing recent ratings to the 2018 lows, which we can compare to the 1996 lows.
During 2019, Raw generally hovered between 2-3 million viewers, peaking on July 22 with 3.093 million. The non-holiday low was broken several times, culminating with 2.05 million on December 16. The December 23 episode was the lowest of 2019 and the second lowest ever, with 1.835 million viewers.
In the early going, 2020 saw several ratings which didn’t approach the bottom of the barrel, but were remarkably low for shows without major sports competition. There is no clear “excuse” for the 2.163 million viewers on March 9, 2020--no holidays, no football, no NBA playoffs, no World Series, and no particularly major news story. As it happens, that was the last Raw before the COVID-19 pandemic really hit home for many Americans, as most public gatherings and sporting events were shut down by the end of the week.
Pro wrestling ratings were hit hard in the early days of the closed-set era, but while NXT and AEW have largely recovered, Raw has been in a steady decline. The last Raw to do over 2 million viewers was on April 6, the day after Wrestlemania. The all-time record low was finally broken on May 4 with 1.682 million viewers, and then again on July 13 with 1.56 million. Of the top twenty lowest ratings for Raw, eighteen of them are from 2020.
Going forward, there’s no doubt that the Raw audience will shrink some more in the coming months. The big question, then, is what WWE can do to stop the bleeding, short of returning to arenas packed with fans. That’s why the July 20 rating has gotten so much attention. It wasn’t a record low, because its 1.63 million places it at #2 behind July 13. But the 7/20 show was clearly meant as a response to the recent slump, with Randy Orton vs. Big Show moved off Extreme Rules to give Raw a boost, and a bunch of issues from the PPV designed to lure curious fans to Raw. All that effort should have done better than the second-lowest audience in the 27-year history of the show. If that didn’t work, what else can Raw try? We’re about to find out.
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Here's a look at what's going to cost you more, and less, in 2023
There was no shortage of economic uncertainty over the last year.
Russia’s invasion of Ukraine disrupted global fuel supplies and caused gas prices to reach record levels. The Bank of Canada’s aggressive interest rate hikes reinforced recession fears for Canadian consumers. And inflation remained an underlying theme of concern.
As Canadians worry about affording the costs of feeding their families, living under a roof and driving their vehicles, they look toward a new year, hoping for financial relief.
Here’s a look at what things will cost in 2023.
GAS
Despite lower gas prices offering much-needed relief during the holidays, Canadian pump costs soared to record heights in 2022. One industry analyst predicts the cost of gas will rise yet again in the new year.
Dan McTeague, the president of Canadians for Affordable Energy, told CP24.com Canadians could see the average price of a litre of gasoline jump to $2 again.
“Count on it,” he said.
McTeague said that the relief at gas stations in recent weeks will be short-lived, warning that gas prices will begin rising later in January – with $2 a litre becoming an average price in Ontario and other provinces.
"We had a pretty good (run) in December,” he said. “The world got very nervous about rising interest rates, demand destruction, and COVID lockdowns in China. And all those played very heavily towards keeping prices in check and pushing them down," McTeague said
"Colder weather is going to put pressure on diesel, and natural gas, which in turn will put pressure on oil and ultimately on gasoline prices. And that could start to emerge by the second or third week of January,” he added.
He said that, by the end of April, prices could be back to just under $2 a litre, with factors such as the federal carbon tax increasing that month.
According to data from Statistics Canada, the average price for regular fuel in Canada was $1.31 a litre this time last year, when driving trends were much lower as Canadians wrestled with the spread of Omicron.
As demand increases, experts say supply limits will cause prices to keep rising.
FOOD
Food prices in Canada also likely won’t see much improvement. According to the latest Food Price report from Dalhousie University, grocery costs are projected to soar up to seven per cent more in 2023.
The report anticipates that a family of four will have an annual food expenditure of up to $16,288.41, “an increase of up to $1,065.60 over the total annual cost [in 2022.]”
“We were hoping to have better news for Canadians, given the difficulties experienced in 2022, but our models tell us a different story,” the report said.
It noted the war in Ukraine plays a large role in rising food costs -- a result of disruptions in three major commodities: wheat, sunflower oil, and fertilizers. The last of those plays a large role in lower crop production on Canadian soil, driving an estimated increase of six to eight per cent in costs this year.
The report explained that limits in wheat and sunflower oil also largely contribute to supply failing to meet demand, which will continue to be a problem as Western sanctions block Russian exports.
REAL ESTATE
There is some good news for Canadians, however, and it’s in housing affordability, as experts anticipate a continued correction trend, which has been sustained since the summer of 2022.
“Sales and prices are contracting particularly sharply in Ontario and British Columbia,” an August economic viewpoint report by Desjardins noted.
“At the national level, we expect a roughly 23 per cent decline in the average home price between February 2022 and December 2023,” it said. “And despite the accelerated pace of decline, we remain of the view that home prices will end 2023 above their pre-pandemic levels nationally and in each province.”
According to a TD Bank report, the average price of a home in Canada could drop between 20 and 25 per cent from in the first quarter of 2023.
Data revealed by the Canadian Real Estate Association (CREA) showed average? prices reached $629,971 in July, which is a five per cent fall from $662,924 the previous year. This amounted to a three-per-cent drop from June.
As TD economist Rishi Sondhi wrote in the report, “The price drop represents an unprecedented decline at least going as far back as the late 1980s, when the data began, but it follows an equally? unprecedented rise during the pandemic.”
He added that the forecast “can be more aptly described as a recalibration of the market, instead of something more severe."
With files by CP24.com
from CTV News - Atlantic https://ift.tt/HcMmRsT
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#1.31 - The BFF Household
It’s Winterfest at the BFF Household! Summer woke up bright and early to decorate the house in blue. She then gathered Travis and Liberty so they could all spend breakfast together.
They went out to the bar and Summer met Sergio Romeo (but it then caused a game glitch and permanently renamed Ares and Poseidon “Sergio Romeo” so I still need to fix that HAHA)
They went back home with Ares, only to find Prince Hephaestus Metallo of Olympus in the middle of a snowstorm ringing the doorbell in his underwear. He wasn’t the only surprise visit, though! Father Winter appeared by the fireplace to spread holiday cheer and so did Crown Prince Ferdinand Florian of Grimm’s Quarry. Maybe he stopped by to socialize with Father Winter or Crown Prince Ares, but Summer was immediately as attracted to him as Travis was to that random bartender whose name we still don’t remember.
#ts4#simblr#summer holiday#travis scott#liberty lee#sergio romeo#ares guerra#hephaestus metallo#father winter#ferdinand florian
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New Mexico, Switzerland, Federal Legalization, Aphria, Organigram And More
In spite of some good news on the legalization front, cannabis stocks traded down this week, largely driven by lackluster earnings reports out of big Canadian companies.
On Monday, New Mexico became the latest state to legalize adult-use cannabis, after Gov. Michelle Lujan Grisham signed the Cannabis Regulation Act. Sales are expected to begin before April 2022.
Following a legalization wave led by New York and Virginia, this approval puts more than 43% of Americans living in legal cannabis jurisdictions, according to The Marijuana Policy Project.
Switzerland will officially launch a trial version of a legal recreational cannabis market on May 15. The Swiss Federal Office of Public Health noted that the trial aims to offer “a scientific basis for the future regulation of cannabis.”
This will make Switzerland the first country in Europe to allow a legal adult-use cannabis supply chain. The trial will include 5,000 registered participants, who have proven to the Federal Government they already have been consuming cannabis.
Senate Majority Leader Chuck Schumer (D-NY) plans to present a federal cannabis legalization bill soon.
“I am going to put this bill on the floor soon. It hasn’t been introduced yet,” Schumer said, explaining he has been working with Senator Cory Booker (D-NJ) and Senate Finance Committee Chairman Ron Wyden (D-OR) on the measure’s draft. “Once it is introduced, it will go on the floor.”
Benzinga Cannabis’ content is now available in Spanish on El Planteo.
Dara Khosrowshahi, CEO of Uber Technologies Inc. (NYSE: UBER) revealed the company is open to including cannabis deliveries once the plant is legal on the federal level.
“When the road is clear for cannabis, when federal laws come into play, we’re absolutely going to take a look at it,” Khosrowshahi said during a CNBC interview.
ETFs were all down. Over the five trading days of this week:
The ETFMG Alternative Harvest ETF (NYSE: MJ): lost 5.6%.
The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): tumbled 6.6%.
The AdvisorShares Pure US Cannabis ETF (NYSE: MSOS): dropped 5.55%.
The Cannabis ETF (NYSE: THCX): slipped 9.5%.
The Amplify Seymour Cannabis ETF (NYSE: CNBS): dropped 7.7%.
The SPDR S&P 500 ETF Trust (NYSE: SPY) was up 1.31%.
Policy, Science And Data
Story continues
Illinois cannabis taxes exceeded liquor taxes in the first three months of 2021, according to the state Department of Revenue. It’s the first time the Prairie State generated more tax revenue from cannabis than alcohol.
Marijuana tax revenue amounted to $86,537,000 in the last quarter, versus $72,281,000 from alcohol sales.
Michigan recreational and medical marijuana sales amounted to $115.4 million in March, according to Headset. That’s twofold growth compared to the same period last year.
A bipartisan bill to legalize medical cannabis for military veterans was reintroduced in Congress on Thursday.
A new study conducted by Harvard Medical School and McLean Hospital in Boston suggested cannabis treatment can significantly help with chronic pain.
The study revealed that those who used medical cannabis daily for six months experienced notable advancements in their overall health status: less pain and anxiety, better sleep and mood.
Akerna Corp (NASDAQ: KERN) expects national cannabis retail sales to reach $95 million on 4/20, the unofficial marijuana holiday. That’s according to a new Flash Report out of the Denver-based company.
The report suggests that the five days ending April 20 are expected to yield $370 million in cannabis sales.
“The numbers just keep growing in all aspects of the cannabis industry. This week, New Mexico became the 18th state to legalize adult-use cannabis. In addition to that, we got data from Akerna that suggested this 420 holiday could see $370 in total gross sales. Consumers are expected to begin making purchases on Friday and dispensaries are gearing up for their biggest weekend of the year,” Debra Boarchardt, CEO of Green Market Report, told Benzinga.
Earnings Reports
Aphria Inc. (TSX: APHA) (NASDAQ: APHA) posted financial results for the third quarter and nine months ended Feb. 28. The company generated CA$153.6 million ($122.5 million) in net third-quarter revenue. That’s a year-over-year increase of 6.4% and a sequential decline of 4.3%.
Net cannabis revenue amounted to CA$51.7 million, dropping by 7.8% year-over-year and 23.8% sequentially.
View more earnings on MJ
Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) reported that gross revenue decreased by 29% year-over-year to roughly CA$19.3 million ($15.4 million) in the second quarter of fiscal 2021.
Net revenue also declined over the same period, from CA$23.2 million to CA$14.6 million, the Moncton, New Brunswick-based company said in a statement.
The second-quarter results were “challenged by industry dynamics, COVID-19 and staffing limitations at our facility,” CEO Greg Engel said in a statement.
urban-gro Inc (NASDAQ: UGRO) posted preliminary first quarter 2021 results. Revenue rose by 174% year-over-year to a record $11.8 million to $12.1 million, up from $4.3 million reported in the same quarter last year.
Find all the details on these and other earnings reports on Benzinga Cannabis’ Earnings Center.
Financings And M&A
Aphria confirmed Thursday it has satisfied one of the requirements for its merger with Tilray Inc. (NASDAQ: TLRY) after its shareholders approved the arrangement at a special meeting. The special resolution approving the arrangement had to be endorsed by a minimum of two-thirds (66.6%) of the votes cast at the meeting. The merger got a 99.38% approval rate.
The closing of the deal still awaits customary conditions, such as court authorization and the approval of Tilray stockholders.
Cresco Labs (CSE: CL) (OTCQX: CRLBF) has taken over Bluma Wellness Inc. (CSE: BWEL) (OTCQX: BMWLF) in an all-stock transaction valued at $213 million.
Connected International Inc., also known as Connected Cannabis, completed a $30 million capital raise led by current investors Navy Capital and One Tower Group, who welcomed new investors, such as Emerald Park Capital, an affiliate of Bryant Park Capital, and Presidio View Capital.
Jushi Holdings Inc. (CSE: JUSH) (OTC: JUSHF) acquired a 93,000 sq. ft. facility, operated by its subsidiary, Dalitso LLC, for around $22 million.
Leune announced a $5-million capital raise Thursday supported by celebrity investors like professional basketball player Carmelo Anthony, his wife and TV personality La La Anthony and sports agent Rich Paul, who’s known for representing LeBron James and Anthony Davis.
Good Hemp, Inc. (OTC: GHMP) bought Diamond Creek Group, a manufacturer of ionized high alkaline spring water, for an undisclosed price. The Cornelius, North Carolina-headquartered producer of hemp seed oil-infused beverages said the move is part of a strategic plan to broaden its consumer reach.
Zip Run confirmed Friday it has raised $2.3 million via a seed funding round led by Mollitiam Capital, a private equity fund launched by Ross Bevevino and Tyson Macdonald.
Other News
Truss Beverage Co., a joint venture between brewer Molson Coors Beverage Co. (NYSE: TAP) and HEXO Corp. (NYSE: HEXO)(TSX: HEXO), is launching a lineup of six new CBD and THC products.
The Mint Dispensary will mark 4/20 with a name change to Mint Cannabis.
“As we continue to increase access to high-quality cannabis, it’s fitting that our name changes to better reflect our vision for the future,” Eivan Shahara, CEO of Brightroot Inc., parent company of Mint Cannabis, told Benzinga.
Keef Brands is expanding eastward into three new states: Missouri, Ohio and Maine.
Topical BioMedics announced an exclusive partnership and pharmacy distribution deal with Aspen, CO born Toast, a national cannabis and hemp company, making its line of topical, homeopathic pain relief creams available in more than 40,000 locations nationwide.
High Herstory, a new historical comedy series at the intersection of cannabis and feminism, is premiering on 4/20 to over 150 million homes through Social Club TV. Each episode showcases a female-identifying, cannabis-consuming storyteller, taking the audience along an action-packed journey through time.
Annette Mia Flores, co-founder of High Herstory, told Benzinga, “We are so proud to bring High Herstory to homes throughout the world. We’re putting a comedic edge on the painful underrepresentation women have faced throughout history, while smashing cannabis stigma at the same time. High Herstory Season 2 will spotlight women within the cannabis industry, from activists, to brands, scientists, and beyond. This is herstory in the making.”
Columbia Care Inc. (NEO:CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE:3LP) is launching a solid-fill cannabis powder capsule for medicinal use under the Ceed trademark in the United Kingdom.
The New York-based company opted to expand its product offering with the first solid-fill capsule of its kind in the U.K. In addition, it’s the first dose-metered medicinal cannabis product to be produced in the country.
Executive Moves
Find out all about the latest executive moves at:
TILT, BRNT, ECGI, Alcanna, WeedMD, Mind Cure, The FLowr Corporation, VIVO, Cannabiz, Team Hytiva
CanaQuest, Terra Tech, BioSteel, Halo Collective, Rolling Stone Culture Council, Australis
FastForward Innovations
Top Stories Of The Week
Check out the top stories on Benzinga Cannabis this week:
CBD-Infused Yerba Mate Maker Milonga To Launch K-Cups, Nespresso Pods
New Cannabis Products: Jay-Z’s Handrolled Joints, Papa & Barkley x El Blunto Cannagars, Live Resin Infused Pre-Rolls
Chelsea Handler On Cannabis, Her New HBO Max Special, Therapy And Psychedelics: ‘I’m Very Pro Drugs’
If You Invested ,000 In Canopy Growth Stock One Year Ago, Here’s How Much You’d Have Now
If You Invested ,000 In Aurora Cannabis Stock One Year Ago, Here’s How Much You’d Have Now
If You Invested ,000 In Tilray Stock One Year Ago, Here’s How Much You’d Have Now
If You Invested ,000 In Aphria Stock One Year Ago, Here’s How Much You’d Have Now
Video: KushCo CEO Explains How Greenlane Merger Catapults Them To ‘The Next Level’
Benzinga Cannabis Hour: MassRoots CEO, Dosist CMO Discuss Social Media In Cannabis
Top Spanish stories:
Lead image by Ilona Szentivanyi. Copyright: Benzinga.
See more from Benzinga
© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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AMD earnings hit target, but annual forecast trimmed as business spending slows
Advanced Micro Devices Inc. shares fell in the extended session Tuesday after the chip company admitted that the COVID-19 pandemic would trim its growth in 2020.
AMD AMD, -1.73%, which has not rescinded annual guidance like many others companies have, eased its expectations for 2020 sales, and now expects revenue to grow 20% to 30% from 2019, after previously projecting 28% to 30% revenue growth. The company maintained its guidance for adjusted gross margin of 45%.
“Unlike many, AMD is providing a guide for 2020 with 25% growth, which I believe shows the conservativeness of the forecast,” said Patrick Moorhead, principal analyst at Moor Insights & Strategy, in emailed comments. “AMD’s consumer bend to most of its client computing sales warrants the +/-5% guard rails and at the same time I am pleased at the 45% gross margin target.”
Shares fell more than 4% after hours, following a 1.7% decline in the regular session to close at $55.51. In comparison, the PHLX Semiconductor Index SOX, -0.68% fell 0.7%, the S&P 500 index SPX, -0.52% declined 0.5%, and the tech-heavy Nasdaq Composite Index COMP, -1.40% sank 1.4%.
Shelter-in-place measures from the COVID-19 pandemic have handed AMD the strongest notebook portfolio the company has ever had, said Chief Executive Lisa Su on the analyst call, but the pandemic does pose a headwind.
“The only place where perhaps we see a little bit of a slowdown is, as I said, on some of the transactional business which we had planned to grow as we go through this year, and that might grow more slowly just as people aren’t focused on new infrastructure right now,” Su said.
“But in terms of cloud and large enterprise, there continues to be good activity,” Su told analysts.
The company reported first-quarter net income of $162 million, or 14 cents a share, compared with $16 million, or a penny a share, in the year-ago period. After adjusting for stock compensation and other factors, AMD reported earnings of 18 cents a share, compared with 6 cents a share in the year-ago period. Revenue rose to $1.79 billion from $1.27 billion in the year-ago quarter.
Analysts surveyed by FactSet had forecast adjusted earnings of 18 cents a share on revenue of $1.78 billion. For the second quarter, AMD expects revenue of $1.75 billion to $1.95 billion, in line with the average analyst estimate of $1.88 billion.
AMD has yet to ease up on its release of new chips this year, with the recent launch of consumer desktop chips in its third-generation Ryzen line, and three new Epyc-branded processors for the database, commercial high-performance computer and hyperconvergence markets. Some analysts have cautioned of a possible drop-off in chip sales brought on by recessionary concerns, but so far the sector has benefited from millions of people having to work and entertain themselves from home because of the coronavirus pandemic.
AMD reported a 73% increase from last year in computing and graphics chip sales to $1.44 billion, while analysts expected a 58% surge to $1.31 billion.
The company also reported a 21% decline in enterprise embedded and semi-custom chip sales — the unit that includes data-center and gaming-console chips — to $348 million, while analysts expected a 4% rise to $458.7 million. Like three months ago, AMD said a drop in gaming console sales were to blame for the segment’s performance.
“Sony SNE, -0.83% and Microsoft MSFT, -2.43% both reduced inventory in advance of next-generation console launches, we expect semi-custom revenue to increase in the second quarter and be heavily weighted toward the second half of the year as we ramp production to support holiday launches of the new Playstation 5 and Xbox series X consoles,” Su said on the analyst call.
Of the 40 analysts who cover AMD, 18 have overweight or buy ratings, 19 have hold ratings, and three have sell ratings, with an average price target of $50.21, according to FactSet data.
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As Spain’s Countryside Empties, Meet the Man With 400 Villages To Sell
Selling a house is a frustrating, time-consuming venture at the best of times—so imagine trying to sell an entire village.
Or, as in the case of Spanish-based realtor Mark Adkinson of Galician Country Homes, up to 400 villages.
“It takes a year just to get the paperwork together,” Adkinson, 67, told Fortune from his office in Lugo, Spain, in the far northwest of the country. “We’re currently working on a village where 24 different people have plots of land. How do you get 24 people into agreement [to sell]?”
A section of the village in Viveiro, one of the villages Adkinson sold to an English couple this year. (Galician Country Homes)
Adkinson got into the real estate business 15 years ago after renovating his Lugo home and spotting a gap in the market for an English-speaking realtor with a grasp of fixer-uppers. Originally from Manchester, England, he’s sold three villages and is currently “working on another four or five, just getting them ready for sale.” In total, however, Adkinson has identified no fewer than 400 abandoned villages in the green hills of Spain’s Galicia region that are ripe for sale.
“We sold one about three months ago with six houses and eight hectares alongside a beach in Viveiro, with two private ways to the beach,” says Adkinson, who would only disclose the sale price was over $280,000 (the average house price in Galicia is around $250,000, but the villages are cheaper because they are generally both empty and in need of serious repair). “All eight hectares were owned by an old man of 84. It was his dream to fix the village up, but he never could.”
The buyers were an English couple, he said.
Spain’s Disappearing Youth
Situated on Spain’s Atlantic coast above Portugal, Galicia is a lush, mountainous region peppered with oak, chestnut, eucalyptus trees and cultivated pine forests, far removed from the tourist-filled beaches of Spain’s Mediterranean coast. That’s why Adkinson calls Galicia—whose economy is largely based on fishing and agriculture—the “unknown Spain.”
Yet this remoteness and tranquillity comes at a cost. Like much of rural Spain, the province saw huge portions of its population emigrate to Latin America between 1850 and 1950, as part of an exodus of an estimated 3.5 million Spaniards who crossed the Atlantic to work in the fields and factories of Spanish-speaking Argentina, Cuba and Uruguay.
That emigration never quite stopped, either. Recently, rural Spain has witnessed the steady flow of its younger generation towards Spain’s major cities and other European Union states. In leaving the country, they’re escaping the national under-25 unemployment rate of 34.97%. (In Galicia the figure is slightly lower at 31.47%). Meanwhile, Spain has the second-lowest fertility rate in the EU, with 1.31 children born per woman.
According to Spain’s Ministry for Territorial Policy, this now means more than three-quarters of Galicia’s municipalities have witnessed a population decrease since 2001. Nationally, the ministry says, nearly half of Spanish municipalities now have a population density of below 12.5 inhabitants per square kilometer—a ratio that the EU qualifies as at risk of complete depopulation.
Spanish Prime Minister Pedro Sanchez at the closing rally of the Spanish Socialist Party’s campaign in Madrid in May 2019. (Burak Akbulut—Anadolu Agency/Getty Images)
Spain’s emptying rural regions turned depopulation into a major talking point ahead of this year’s national elections in April. Thousands took to the streets of Madrid ahead of the vote for the “revolt of an empty Spain.” They demanded better public services and improved digital infrastructure in rural areas, alongside a change in the tax code to promote economic activity.
The issue is now one of the major conundrums being addressed by acting Prime Minister Pedro Sánchez as he seeks to build a working coalition with the conservative Popular Party (PP), liberal Ciudadanos or leftist Podemos.
The question of whether foreign buyers can help with the efforts to repopulate rural Spain, though, is a long running one.
In the years after the financial crisis, the Spanish government looked to foreign buyers to help prevent the bottom from falling out of the Spanish market, says Miguel Cardoso, chief economist for Spain at BBVA bank.
“Foreign demand has been a source of stabilization for the Spanish real estate market, as it increased even as domestic demand was still struggling,” he said.
The government even went as far as launching a program to entice foreign buyers to buy properties in exchange for Spanish citizenship, he says. But a new passport was not necessarily a draw. What was? The good locations, nice weather, and most of all, Spanish property was cheap.
Granted, most of that demand targeted Spain’s sunny coasts—not the hilly countryside of Galicia. Recent years have shown non-Spanish buyers to be a fickle source of investment. Slowing growth, a stronger euro against some currencies, and even Brexit have tempered buyers’ appetites, he says. But most of all, there’s price, said Cardoso.
“Recently, foreign demand has moderated as prices have started to go up,” adds Cardoso.
Getting Away from the “Rat Race”
But Adkinson still sees a market for the towns—he says he can sell “as many as he can get hold of.” But getting them ready for sale its own challenge. Because the legal owners can be living anywhere from Valencia to Venezuela, tracking them down has turned Adkinson into a sleuth on a global scale, requiring wizardry with GPS, Internet imagery and Spanish legal documents.
“Many of the people who left in the early 20th century never registered in the embassies in South America, but their grandchildren have now got Spanish nationality and could come back and claim their part of the house,” says Adkinson. All of the land and homeowners have to be in agreement in order to sell a village.
It’s only then that the job of marketing the for-sale villages begins. While it’s common for northern Europeans to buy holiday or retirement homes to bake themselves on Spain’s southern coasts, Galicia appeals to a buyer that’s typically between ages 30 and 60 and wants to “get away from the rat race,” says Adkinson.
A view to the beach from Viveiro. (Galician Country Homes)
“They’re often people who are interested in changing their lifestyle and rearing their children in nature and being able to live off the land,” he adds. “They don’t want any hassle and they want non-contaminated, ecological food, which is grown locally, naturally and organically, which is what everyone does in Galicia. It is people looking to live in a more environmentally-friendly way.”
Over the years this has drawn interest from Dutch musicians looking to create a secluded recording complex, English couples wanting to home-school their children, and German chefs hoping to create vegan culinary institutes. One thing unites them all, however: A desire for isolation.
“If you buy a big house you’ve always got neighbors,” says Adkinson. “You don’t get that with a village. They are always within reach of a town—the farthest is about 20 minutes from a market—but they are always isolated. Some are three kilometers from any other house. So, people move in, renovate them and basically do what they want.”
Adkinson admits the villages are really more like hamlets, with usually no more than eight houses. But it’s not that there isn’t a supply of larger villages, and people who might be willing to buy them.
The main barrier, instead, is simply logistical: “How do you get 50 families into agreement?,” jokes Adkinson. “I have enough trouble doing it with eight!”
More must-read stories from Fortune:
—A Brexit architect sees opportunities in resignation of U.K.’s Trump-bashing ambassador
—Fashion retailers sidestepping Trump’s trade war with China
—Ford’s new plan for Europe: Fewer jobs, more SUVs
—The U.S. threatened France with China-style tariffs. The French didn’t blink
—Listen to our new audio briefing, Fortune 500 Daily
Catch up with Data Sheet, Fortune‘s daily digest on the business of tech.
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Hallmark Ratings - 2023
So here's a look at the ratings for most of Hallmark's 2023 programing. No info on what the numbers were for stuff aired on Hallmark Movies Now of course, and I don't have the numbers for what the Love Club movies did when aired on the Hallmark Channel.
1 - A Merry Scottish Christmas (CTC) - 3.33 2 - A Biltmore Christmas (CTC) - 3.12 3 -Christmas Island (CTC) - 2.62 4 - The Wedding Veil Expectations (NYNM) - 2.48 5- Haul Out the Holly: Lit Up (CTC) - 2.38 6 - The Wedding Veil Journey (NYNM) - 2.29 7 - The Wedding Veil Inspiration (NYNM) - 2.28 8 - Holiday Hotline (CTC) - 2.27 9 - 3 Bed, 2 Bath, 1 Ghost (FIL) - 2.25 10 - A Heidelberg Holiday (CTC) - 2.18 11 - Holiday Road (CTC) - 2.13 12 - Sealed With a List (CTC) - 2.10 13 - Sweeter Than Chocolate (Loveuary) - 2.06 14 - Catch Me If You Claus (CTC) - 2.05 15 - My Norwegian Holiday (CTC) - 2.03 15 - Christmas on Cherry Lane (CTC) - 2.03 16 - A Not So Royal Christmas (CTC) - 2.02 17 - Love in Glacier National: A National Park Romance (NYNM) - 1.98 17 - The Wedding Cottage (SIL) - 1.98 18 - Navigating Christmas (CTC) - 1.97 19 - Christmas in Notting Hill (CTC) - 1.92 19 - The Secret Gift of Giving (CTC) - 1.92 20 - Everything Christmas (CTC) - 1.90 21 - A Paris Proposal (Loveuary) - 1.88 22 - Welcome to Valentine (Loveuary) - 1.85 22 - Magic in Mistletoe (CTC) - 1.85 23 - Never Been Chris'd (CTC) - 1.80 24 - Where Are You, Christmas? (CTC) - 1.78 25 - Flipping for Christmas (CTC) - 1.77 26 - Joyeux Noel (CTC) - 1.74 26 - Our Christmas Mural (CTC) - 1.74 27 - A Picture of Her (SIL) - 1.73 28 - Mystic Christmas (CTC) - 1.72 29 - The Santa Summit (CTC) - 1.70 30 - The Dog Lover’s Guide to Dating (NYNM) - 1.68 31 - Checkin' It Twice (CTC) - 1.68 32 - Made for Each Other (Loveuary) - 1.62 33 - A Pinch of Portugal (SIL) - 1.59 34 - Fourth Down and Love (FIL) - 1.58 35 - Love’s Greek to Me (JW) - 1.57 35 - Christmas With a Kiss (CTC) (Mahogany) - 1.57 36 - A Royal Christmas Crush (CIJ) - 1.56 37 - Hearts in the Game - 1.54 37 - Round and Round (CTC) - 1.54 38 - Field Day (FIL) - 1.53 38 - Under the Christmas Sky (CTC) - 1.53 39 - Love in Zion National: A National Park Romance - 1.51 40 - A Safari Romance (SN) - 1.50 41 - Love in the Great Smoky Mountains: A National Park Romance (FIL) - 1.49 41 - Notes of Autumn (FIL) - 1.49 41 - Letters to Santa (CTC) - 1.49 42 - Game of Love - 1.47 43 - Aloha Heart (SN) - 1.46 44 - Making Waves (SN) - 1.45 45 - Retreat to You (FIL) - 1.43 46 - The Professional Bridesmaid (SIL) - 1.40 46 - The Wedding Contract (JW) - 1.40 47 - Take Me Back for Christmas (CIJ) - 1.39 48 - A Winning Team - 1.38 48 - Love in the Maldives (SIL) - 1.38 48 - When Love Springs (SIL) - 1.38 49 - Never Too Late to Celebrate (SN) - 1.37 50 - Wedding Season (JW) - 1.34 51 - Christmas by Design (CTC) - 1.31 52 - Friends & Family Christmas (CTC) - 1.30 53 - Make Me a Match (JW) - 1.23 53 - A Very Venice Romance (FIL) - 1.23 54 - Dream Moms - 1.18 55 - Napa Ever After (SN) (Mahogany) - 1.09
1 - Miracle in Bethlehem, PA (MOC) (DaySpring) - 1.91 2 - Heaven Down Here (MOC) - 1.38 3 - To All a Good Night (MOC) - 1.35 4 - Mystery on Mistletoe Lane (MOC) - 1.30 5 - A Season for Family (MOC) - 1.19 6 - Curious Caterer: Grilling Season - 1.18 7 - Time for Her to Come Home for Christmas (MOC) - 1.13 8 - My Christmas Guide (MOC) - 1.09 9 - A World Record Christmas (MOC) - 1.06 10 - Family History Mysteries: Buried Past - 1.01 10 - Ms. Christmas Comes to Town (MOC) - 1.01 11 - A Zest for Death: A Hannah Swensen Mystery - 0.99 12 - The Dancing Detective: A Deadly Tango - 0.87 13 - Curious Caterer: Fatal Vows - 0.86 14 - The Cases of Mystery Lane - 0.82 15 - Carrot Cake Murder: A Hannah Swensen Mystery - 0.79 15 - Haunted Harmony Mysteries: Murder in G Major - 0.79 16 - Aurora Teagarden Mysteries: Something New - 0.74 17 - Unexpected Grace - 0.69 18 - The Blessing Bracelet (DaySpring) - 0.66 19 - The More Love Grows - 0.63 20 - Mystery Island - 0.59 21 - Come Fly With Me - 0.58 22 - The Jane Mysteries: Inheritance Lost - 0.57 23 - Guiding Emily - 0.56 24 - Big Sky River: The Bridal Path - 0.52 25 - A Lifelong Love - 0.43 26 - Spring Breakthrough (Mahogany) - 0.38 27 - A Nashville Legacy (Mahogany) - 0.31
--- Season One --- Episode 1 - Mothers and Daughters - 1.44 Episode 2 - Scar Tissue - 1.54 Episode 3 - I Don’t Want to Moss a Thing - 1.39 Episode 4 - What’s My Age Again? - 1.56 Episode 5 - Don’t Dream It’s Over - 1.31 Episode 6 - Building a Mystery - 1.52 Episode 7 - The End of the World as We Know It - 1.57 Episode 8 - Lovefool - 1.43 Episode 9 - The Day the Music Died - 1.61 Episode 10 - Not All Who Wander Are Lost - 1.74
--- Season One --- Episode 1 - Legend of the Fall - 1.31 Episode 2 - Rodeo and Juliet - 1.04 Episode 3 - The McMurray Curse - 0.94 Episode 4 - Estella - 1.16 Episode 5 - When It Rains… - 0.94 Episode 6 - Your Cheatin’ Heart - 1.19 Episode 7 - Ride of Die - 0.90 Episode 8 - Speak Now or Forever Hold Your Peace - 1.04 Episode 9 - Truths Laid Bare - 0.84 Episode 10 - Andalusians - 1.02
--- Season Ten --- Episode 1 - Carpe Diem - 1.93 Episode 2 - Hope Springs Eternal - 1.72 Episode 3 - Oh, Baby - 1.69 Episode 4 - Great Expectations - 1.88 Episode 5 - Life is But a Dream - 1.95 Episode 6 - The Heart of the Problem - 1.81 Episode 7 - Best Laid Plans - 1.76 Episode 8 - What Is and What Never Should Be - 1.84 Episode 9 - Deep Water - 1.97 Episode 10 - All Dressed Up - 1.96 Episode 11 - Long Time Running - 1.98 Episode 12 - Starry Nights - 2.29
#ratings#hallmark channel#hallmark movies & mysteries#hallmark movies#hallmark original series#hallmark history
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As Spain’s Countryside Empties, Meet the Man With 400 Villages To Sell
Selling a house is a frustrating, time-consuming venture at the best of times—so imagine trying to sell an entire village.
Or, as in the case of Spanish-based realtor Mark Adkinson of Galician Country Homes, up to 400 villages.
“It takes a year just to get the paperwork together,” Adkinson, 67, told Fortune from his office in Lugo, Spain, in the far northwest of the country. “We’re currently working on a village where 24 different people have plots of land. How do you get 24 people into agreement [to sell]?”
A section of the village in Viveiro, one of the villages Adkinson sold to an English couple this year. (Galician Country Homes)
Adkinson got into the real estate business 15 years ago after renovating his Lugo home and spotting a gap in the market for an English-speaking realtor with a grasp of fixer-uppers. Originally from Manchester, England, he’s sold three villages and is currently “working on another four or five, just getting them ready for sale.” In total, however, Adkinson has identified no fewer than 400 abandoned villages in the green hills of Spain’s Galicia region that are ripe for sale.
“We sold one about three months ago with six houses and eight hectares alongside a beach in Viveiro, with two private ways to the beach,” says Adkinson, who would only disclose the sale price was over $280,000 (the average house price in Galicia is around $250,000, but the villages are cheaper because they are generally both empty and in need of serious repair). “All eight hectares were owned by an old man of 84. It was his dream to fix the village up, but he never could.”
The buyers were an English couple, he said.
Spain’s Disappearing Youth
Situated on Spain’s Atlantic coast above Portugal, Galicia is a lush, mountainous region peppered with oak, chestnut, eucalyptus trees and cultivated pine forests, far removed from the tourist-filled beaches of Spain’s Mediterranean coast. That’s why Adkinson calls Galicia—whose economy is largely based on fishing and agriculture—the “unknown Spain.”
Yet this remoteness and tranquillity comes at a cost. Like much of rural Spain, the province saw huge portions of its population emigrate to Latin America between 1850 and 1950, as part of an exodus of an estimated 3.5 million Spaniards who crossed the Atlantic to work in the fields and factories of Spanish-speaking Argentina, Cuba and Uruguay.
That emigration never quite stopped, either. Recently, rural Spain has witnessed the steady flow of its younger generation towards Spain’s major cities and other European Union states. In leaving the country, they’re escaping the national under-25 unemployment rate of 34.97%. (In Galicia the figure is slightly lower at 31.47%). Meanwhile, Spain has the second-lowest fertility rate in the EU, with 1.31 children born per woman.
According to Spain’s Ministry for Territorial Policy, this now means more than three-quarters of Galicia’s municipalities have witnessed a population decrease since 2001. Nationally, the ministry says, nearly half of Spanish municipalities now have a population density of below 12.5 inhabitants per square kilometer—a ratio that the EU qualifies as at risk of complete depopulation.
Spanish Prime Minister Pedro Sanchez at the closing rally of the Spanish Socialist Party’s campaign in Madrid in May 2019. (Burak Akbulut—Anadolu Agency/Getty Images)
Spain’s emptying rural regions turned depopulation into a major talking point ahead of this year’s national elections in April. Thousands took to the streets of Madrid ahead of the vote for the “revolt of an empty Spain.” They demanded better public services and improved digital infrastructure in rural areas, alongside a change in the tax code to promote economic activity.
The issue is now one of the major conundrums being addressed by acting Prime Minister Pedro Sánchez as he seeks to build a working coalition with the conservative Popular Party (PP), liberal Ciudadanos or leftist Podemos.
The question of whether foreign buyers can help with the efforts to repopulate rural Spain, though, is a long running one.
In the years after the financial crisis, the Spanish government looked to foreign buyers to help prevent the bottom from falling out of the Spanish market, says Miguel Cardoso, chief economist for Spain at BBVA bank.
“Foreign demand has been a source of stabilization for the Spanish real estate market, as it increased even as domestic demand was still struggling,” he said.
The government even went as far as launching a program to entice foreign buyers to buy properties in exchange for Spanish citizenship, he says. But a new passport was not necessarily a draw. What was? The good locations, nice weather, and most of all, Spanish property was cheap.
Granted, most of that demand targeted Spain’s sunny coasts—not the hilly countryside of Galicia. Recent years have shown non-Spanish buyers to be a fickle source of investment. Slowing growth, a stronger euro against some currencies, and even Brexit have tempered buyers’ appetites, he says. But most of all, there’s price, said Cardoso.
“Recently, foreign demand has moderated as prices have started to go up,” adds Cardoso.
Getting Away from the “Rat Race”
But Adkinson still sees a market for the towns—he says he can sell “as many as he can get hold of.” But getting them ready for sale its own challenge. Because the legal owners can be living anywhere from Valencia to Venezuela, tracking them down has turned Adkinson into a sleuth on a global scale, requiring wizardry with GPS, Internet imagery and Spanish legal documents.
“Many of the people who left in the early 20th century never registered in the embassies in South America, but their grandchildren have now got Spanish nationality and could come back and claim their part of the house,” says Adkinson. All of the land and homeowners have to be in agreement in order to sell a village.
It’s only then that the job of marketing the for-sale villages begins. While it’s common for northern Europeans to buy holiday or retirement homes to bake themselves on Spain’s southern coasts, Galicia appeals to a buyer that’s typically between ages 30 and 60 and wants to “get away from the rat race,” says Adkinson.
A view to the beach from Viveiro. (Galician Country Homes)
“They’re often people who are interested in changing their lifestyle and rearing their children in nature and being able to live off the land,” he adds. “They don’t want any hassle and they want non-contaminated, ecological food, which is grown locally, naturally and organically, which is what everyone does in Galicia. It is people looking to live in a more environmentally-friendly way.”
Over the years this has drawn interest from Dutch musicians looking to create a secluded recording complex, English couples wanting to home-school their children, and German chefs hoping to create vegan culinary institutes. One thing unites them all, however: A desire for isolation.
“If you buy a big house you’ve always got neighbors,” says Adkinson. “You don’t get that with a village. They are always within reach of a town—the farthest is about 20 minutes from a market—but they are always isolated. Some are three kilometers from any other house. So, people move in, renovate them and basically do what they want.”
Adkinson admits the villages are really more like hamlets, with usually no more than eight houses. But it’s not that there isn’t a supply of larger villages, and people who might be willing to buy them.
The main barrier, instead, is simply logistical: “How do you get 50 families into agreement?,” jokes Adkinson. “I have enough trouble doing it with eight!”
More must-read stories from Fortune:
—A Brexit architect sees opportunities in resignation of U.K.’s Trump-bashing ambassador
—Fashion retailers sidestepping Trump’s trade war with China
—Ford’s new plan for Europe: Fewer jobs, more SUVs
—The U.S. threatened France with China-style tariffs. The French didn’t blink
—Listen to our new audio briefing, Fortune 500 Daily
Catch up with Data Sheet, Fortune‘s daily digest on the business of tech.
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As Spain’s Countryside Empties, Meet the Man With 400 Villages To Sell
Selling a house is a frustrating, time-consuming venture at the best of times—so imagine trying to sell an entire village.
Or, as in the case of Spanish-based realtor Mark Adkinson of Galician Country Homes, up to 400 villages.
“It takes a year just to get the paperwork together,” Adkinson, 67, told Fortune from his office in Lugo, Spain, in the far northwest of the country. “We’re currently working on a village where 24 different people have plots of land. How do you get 24 people into agreement [to sell]?”
A section of the village in Viveiro, one of the villages Adkinson sold to an English couple this year. (Galician Country Homes)
Adkinson got into the real estate business 15 years ago after renovating his Lugo home and spotting a gap in the market for an English-speaking realtor with a grasp of fixer-uppers. Originally from Manchester, England, he’s sold three villages and is currently “working on another four or five, just getting them ready for sale.” In total, however, Adkinson has identified no fewer than 400 abandoned villages in the green hills of Spain’s Galicia region that are ripe for sale.
“We sold one about three months ago with six houses and eight hectares alongside a beach in Viveiro, with two private ways to the beach,” says Adkinson, who would only disclose the sale price was over $280,000 (the average house price in Galicia is around $250,000, but the villages are cheaper because they are generally both empty and in need of serious repair). “All eight hectares were owned by an old man of 84. It was his dream to fix the village up, but he never could.”
The buyers were an English couple, he said.
Spain’s Disappearing Youth
Situated on Spain’s Atlantic coast above Portugal, Galicia is a lush, mountainous region peppered with oak, chestnut, eucalyptus trees and cultivated pine forests, far removed from the tourist-filled beaches of Spain’s Mediterranean coast. That’s why Adkinson calls Galicia—whose economy is largely based on fishing and agriculture—the “unknown Spain.”
Yet this remoteness and tranquillity comes at a cost. Like much of rural Spain, the province saw huge portions of its population emigrate to Latin America between 1850 and 1950, as part of an exodus of an estimated 3.5 million Spaniards who crossed the Atlantic to work in the fields and factories of Spanish-speaking Argentina, Cuba and Uruguay.
That emigration never quite stopped, either. Recently, rural Spain has witnessed the steady flow of its younger generation towards Spain’s major cities and other European Union states. In leaving the country, they’re escaping the national under-25 unemployment rate of 34.97%. (In Galicia the figure is slightly lower at 31.47%). Meanwhile, Spain has the second-lowest fertility rate in the EU, with 1.31 children born per woman.
According to Spain’s Ministry for Territorial Policy, this now means more than three-quarters of Galicia’s municipalities have witnessed a population decrease since 2001. Nationally, the ministry says, nearly half of Spanish municipalities now have a population density of below 12.5 inhabitants per square kilometer—a ratio that the EU qualifies as at risk of complete depopulation.
Spanish Prime Minister Pedro Sanchez at the closing rally of the Spanish Socialist Party’s campaign in Madrid in May 2019. (Burak Akbulut—Anadolu Agency/Getty Images)
Spain’s emptying rural regions turned depopulation into a major talking point ahead of this year’s national elections in April. Thousands took to the streets of Madrid ahead of the vote for the “revolt of an empty Spain.” They demanded better public services and improved digital infrastructure in rural areas, alongside a change in the tax code to promote economic activity.
The issue is now one of the major conundrums being addressed by acting Prime Minister Pedro Sánchez as he seeks to build a working coalition with the conservative Popular Party (PP), liberal Ciudadanos or leftist Podemos.
The question of whether foreign buyers can help with the efforts to repopulate rural Spain, though, is a long running one.
In the years after the financial crisis, the Spanish government looked to foreign buyers to help prevent the bottom from falling out of the Spanish market, says Miguel Cardoso, chief economist for Spain at BBVA bank.
“Foreign demand has been a source of stabilization for the Spanish real estate market, as it increased even as domestic demand was still struggling,” he said.
The government even went as far as launching a program to entice foreign buyers to buy properties in exchange for Spanish citizenship, he says. But a new passport was not necessarily a draw. What was? The good locations, nice weather, and most of all, Spanish property was cheap.
Granted, most of that demand targeted Spain’s sunny coasts—not the hilly countryside of Galicia. Recent years have shown non-Spanish buyers to be a fickle source of investment. Slowing growth, a stronger euro against some currencies, and even Brexit have tempered buyers’ appetites, he says. But most of all, there’s price, said Cardoso.
“Recently, foreign demand has moderated as prices have started to go up,” adds Cardoso.
Getting Away from the “Rat Race”
But Adkinson still sees a market for the towns—he says he can sell “as many as he can get hold of.” But getting them ready for sale its own challenge. Because the legal owners can be living anywhere from Valencia to Venezuela, tracking them down has turned Adkinson into a sleuth on a global scale, requiring wizardry with GPS, Internet imagery and Spanish legal documents.
“Many of the people who left in the early 20th century never registered in the embassies in South America, but their grandchildren have now got Spanish nationality and could come back and claim their part of the house,” says Adkinson. All of the land and homeowners have to be in agreement in order to sell a village.
It’s only then that the job of marketing the for-sale villages begins. While it’s common for northern Europeans to buy holiday or retirement homes to bake themselves on Spain’s southern coasts, Galicia appeals to a buyer that’s typically between ages 30 and 60 and wants to “get away from the rat race,” says Adkinson.
A view to the beach from Viveiro. (Galician Country Homes)
“They’re often people who are interested in changing their lifestyle and rearing their children in nature and being able to live off the land,” he adds. “They don’t want any hassle and they want non-contaminated, ecological food, which is grown locally, naturally and organically, which is what everyone does in Galicia. It is people looking to live in a more environmentally-friendly way.”
Over the years this has drawn interest from Dutch musicians looking to create a secluded recording complex, English couples wanting to home-school their children, and German chefs hoping to create vegan culinary institutes. One thing unites them all, however: A desire for isolation.
“If you buy a big house you’ve always got neighbors,” says Adkinson. “You don’t get that with a village. They are always within reach of a town—the farthest is about 20 minutes from a market—but they are always isolated. Some are three kilometers from any other house. So, people move in, renovate them and basically do what they want.”
Adkinson admits the villages are really more like hamlets, with usually no more than eight houses. But it’s not that there isn’t a supply of larger villages, and people who might be willing to buy them.
The main barrier, instead, is simply logistical: “How do you get 50 families into agreement?,” jokes Adkinson. “I have enough trouble doing it with eight!”
More must-read stories from Fortune:
—A Brexit architect sees opportunities in resignation of U.K.’s Trump-bashing ambassador
—Fashion retailers sidestepping Trump’s trade war with China
—Ford’s new plan for Europe: Fewer jobs, more SUVs
—The U.S. threatened France with China-style tariffs. The French didn’t blink
—Listen to our new audio briefing, Fortune 500 Daily
Catch up with Data Sheet, Fortune‘s daily digest on the business of tech.
Credit: Source link
The post As Spain’s Countryside Empties, Meet the Man With 400 Villages To Sell appeared first on WeeklyReviewer.
from WeeklyReviewer https://weeklyreviewer.com/as-spains-countryside-empties-meet-the-man-with-400-villages-to-sell/?utm_source=rss&utm_medium=rss&utm_campaign=as-spains-countryside-empties-meet-the-man-with-400-villages-to-sell
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New Post has been published on All about business online
New Post has been published on http://yaroreviews.info/2018/11/retail-warnings-tech-tumble-hit-wall-street
Retail warnings, tech tumble hit Wall Street
(Reuters) – The S&P 500 hit a three-week low on Tuesday, as weak earnings from retailers including Target & Kohl’s as well as a fall in energy shares added to worries for Wall Street, which is still reeling from a selloff in technology stocks.
Target Corp shares (TGT.N) slumped 10.28 percent after the retailer’s third-quarter profit missed analysts’ estimates as investments in its online business, higher wages & price cuts injure margins.
Department store operator Kohl’s Corp (KSS.N) shed 9.42 percent after its full-year profit forecast fell below expectations.
Warnings from retailers prompted caution ahead of the holiday season, increasing selling pressure on equities as investors fret approximately a slowdown in global growth, peaking corporate earnings & rising interest rates.
Apple Inc (AAPL.O) shares fell 3.80 percent amid concerns approximately slowing demand for iPhones. The stock, which has led the market through much of its bull run, is at its lowest level since early May.
The tech-heavy Nasdaq fell to its lowest level in more than seven months & is now down approximately 14.6 percent from its record closing high in late August.
“Market has clearly run into some headwinds. We’ve received rising rates, strong dollar, concerns over tariffs between U.S. & China & we’ve received the oil selloff,” said Christopher Larkin, senior vice president of trading at E-Trade Financial in New Jersey.
“There are a lot of things working against the market right now … We’re seeing a couple of stocks, which are pretty popular specifically with retail investors, under fairly a bit of pressure.”
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 20, 2018. REUTERS/Brendan McDermid
Home improvement chain Lowe’s Cos Inc (LOW.N) fell 4.76 percent after it unveiled further plans of restructuring in the face of worse-than-expected comparable sales numbers.
TJX Cos Inc (TJX.N) slipped 3.4 percent after the off-price retailer’s holiday-quarter earnings forecast fell largely below estimates. Smaller rival Ross Stores (ROST.O) fell 6.94 percent as its fourth-quarter forecast for same-store sales came below analysts’ expectations.
The S&P 500 retailing index .SPXRT lost 1.83 percent, falling for eight straight sessions.
At 13:05 a.m. EDT the Dow Jones Industrial Average .DJI was down 455.04 points, or 1.82 percent, at 24,562.40, the S&P 500 .SPX was down 40.17 points, or 1.49 percent, at 2,650.56 & the Nasdaq Composite .IXIC was down 91.79 points, or 1.31 percent, at 6,936.69.
However, the three indexes were off their session lows.
Slideshow (5 Images)
The FANG group eased off their earlier losses, while the Philadelphia SE semiconductor .SOX index clawed back losses to edge 0.1 percent higher.
Signs of slowing demand for Apple’s iPhones have wide-ranging implications for technology & internet companies.
Should Apple’s loss hold through the day, its shares would have lost more than 20 percent of their value, or around $250 billion, since closing at a record high on October 3.
Goldman Sachs trimmed its price target on Apple for the moment time in just over a week, saying the balance of price & features in the new iPhone XR may not have been well-received by users external of the United States.
The S&P energy index .SPNY tumbled 2.92 percent as oil prices plunged another 5 percent amid concerns approximately rising global supplies.
“We’re in a holiday week so there are fewer traders than normal & that’s a problem. Because whatever direction the markets go in, it’s exacerbated,” said Kim Forrest, senior portfolio manager at Fort Pitt Capital Group in Pittsburgh.
Declining issues outnumbered advancers for a 5.57-to-1 ratio on the NYSE. Declining issues outnumbered advancers for a 2.73-to-1 ratio on the Nasdaq.
The S&P index recorded 20 new 52-week highs & 41 new lows, while the Nasdaq recorded eight new highs & 244 new lows.
Reporting by Medha Singh, additional reporting by Lewis Krauskopf in New York; Editing by Anil D’Silva
Our Standards:The Thomson Reuters Trust Principles.
#affiiate marketing#article marketing#business online#businessNews#internet marketing#make money online#mobile marketing#video marketing#web marketing
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