Commerce Bank jumped ahead early and stayed ahead during their Gutteridge League matchup Friday night with CCBA at JayCee Ballpark.
Cole Burdette led off the bottom of the first with a double and Ryan Cedeno promptly doubled home Burdette. Cedeno would later score on a wild pitch and Commerce Bank drew interest on its two-run first with four in the second and six in the third leading toward a 12-1 run-rule victory.
It was quite the evening for Cedeno. At the plate, he drove in three runs. On the bases, he advanced on two wild pitches, stole a base and scored two runs. On the mound, he allowed one run on three hits and struck out nine batters over four innings — two in the first, two in the second, three in the third and two in the fourth, bookending the game with strikeouts.
Simon Higginbotham of CCBA led off the third with the first hit against Cedeno and CCBA scored its only run in the fourth. With two outs, Austin Sievert doubled and then Trace Baldwin plated Sievert with a single to right.
Commerce Bank and CCBA both have 2-1 records in Division A of the Gutteridge League.
Gutteridge League
Friday, June 8
Commerce Bank 12, CCBA 1
CCBA 000 1 — 1 3 3
CB 246 X — 12 6 0
Drake Markley, Trace Baldwin (2) and Baldwin, Simon Higginbotham (2). Ryan Cedeno and Garrett Normand. WP: Cedeno. LP: Markley. 2B: Austin Sievert; Cole Burdette, Cedeno. SB: Cedeno. SH: Dylan Lawrence. HBP: Joe Battitori. LOB: CCBA 3, CB 7.
Thursday, June 7
Pizza Hut 12, Pepsi 7
PIZZA HUT — C. Bolinger 4-1-1, Forrest 4-4-2, K. Bolinger 4-2-3, Barto 3-1-2, Piccini 3-1-0, Stewart 3-1-1, Hawn 3-1-0, Smith 3-0-0, Snider 3-1-0, Russell 3-0-0.
PEPSI — Smith 3-2-2, Beck 3-0-3, Richardson 3-3-1, Jarvis 3-1-2, Hayes 3-1-3, Courtney 4-0-3, Commons 3-0-2, McMaster 3-0-2, Wycoff 3-0-0, Hitchcock 2-0-1.
WP: K. Bolinger. LP: Richardson. 2B: Barto. HR: C. Bolinger.
Millers 10, VFW 9
VFW — Swigart 6-3-2, Hizey 5-1-4, Biggs 5-1-3, Hamilton 5-1-2, Wuerdeman 5-1-2, Dale 5-2-2, Cole 5-0-3, Ross 4-0-1.
MILLERS — Redd 5-2-5, Clark 5-2-3, Esch 4-1-4, Moore 4-0-3, Spresser 4-0-2, Lindsey 4-1-2, Fondren 4-1-4, Dalton 4-3-3, Palmer 4-0-0.
WP: Esch. LP: Hizey. 2B: Swigart, Lindsey, Fondren, Dalton, Redd, Spresser, Hamilton. 3B: Clark.
Pittsburg Fastpitch Softball results
Thursday, June 7
Minor League
Jake’s Fireworks 8, Midwest Minerals 7
Mendez 8, Morning Sun 7
Pizza Hut 3, Jock’s Nitch 1
MIDAS: Infrastructure fund builds up to 9pc returns - This is Money
By Joanne Hart
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When share prices are volatile and savings rates are low, it can be hard for investors to know where to put their money. International Public Partnerships, an infrastructure fund, provides an attractive option, offering generous dividends and predictable growth in an uncertain world.
The group is also raising 180million on the stock market, offering new shareholders an opportunity to buy stock at an attractive price.
Listed on the stock market in 2006 and registered in Guernsey, International Public Partnerships (INPP) is invested in more than 100 projects in the UK and abroad, including schools, hospitals, court houses and electricity cables.
Star attraction: David Beckham visits the Royal Children's Hospital in Melbourne, which was built by INPP
Over the past five and a half years, the company has delivered a total return to shareholders (combining the increase in the share price and dividends paid) of 54 per cent – about ten per cent a year.
Looking ahead, the fund aims to deliver annual dividend growth of 5.25 per cent and total returns to investors of eight to nine per cent a year.
Most quoted infrastructure funds become involved in projects once they are up and running. INPP often becomes involved at a much earlier stage.
By the end of 2011, 26 per cent of its portfolio was under construction, which means INPP is responsible for ensuring that they are completed on time and on budget.
This makes the fund a bit more risky than its peers, but it also means that the potential rewards are higher because, if projects go according to plan, their value increases substantially once they are completed.
At this stage, INPP takes responsibility for managing them – a task that can range from cutting the grass outside a school to cleaning the court house lavatories or fixing a hospital roof.
So far, the group has done well, not just in Britain but in countries including Germany and Australia. In October last year, for example, the Queen opened the Royal Children’s Hospital in Melbourne after its construction had been successfully managed by INPP.
And last week, INPP opened a railway tunnel beneath Brussels airport, a five-year project completed on time and on budget.
In Britain, public-private partnerships have come under increasing scrutiny. Questions have been raised about whether these projects provide value for money to the taxpayer or are just a convenient way for private sector companies to get rich quick.
INPP tries to achieve a balance – delivering returns to investors but also ensuring that it provides a reasonable service to its public sector paymasters.
One of the buildings it manages, for example, belongs to Revenue & Customs. Under the original agreement between the Government and INPP, the fund was providing a full-time receptionist for the building.
Visitors were few and far between, so INPP suggested that the Revenue use one of its less busy employees instead, saving more than 20,000 in the process.
Similar examples abound and chief executive Giles Frost ensures that the fund makes cost savings wherever it can.
Frost is also expanding the business. Last year INPP invested in a variety of new projects, including Liverpool Central Library, underwater cables to link offshore windfarms off the Cumbrian and Essex coasts to the mainland and a secure psychiatric hospital in Sydney.
In each case, the group is paid in essentially the same way. An initial contract is signed with the government, which agrees to pay INPP a fixed annual fee for 25 to 40 years, in return for which INPP will manage the construction of a project or its maintenance, or both.
The long-term nature of these contracts means shareholders can have a pretty good idea of what the future will bring, particularly as INPP’s fees are not dependent on how much the facilities are used.
Some analysts have expressed concern about future growth in the infrastructure sector, but INPP had one of its busiest years ever in 2011.
And a number of exciting opportunities have emerged this year – so much so that Frost is now looking for an extra 180 million from investors via a fundraising at 116.25p a share.
The money will largely be used to fund three substantial new investments – another underwater cable project off the Lancashire coast, a number of schools and a German ministry of education building in Berlin.
Midas verdict: The fundraising closes on Friday and INPP shares will probably drift towards 116.25p between now and then. The stock was above 120p before the fundraising was announced. It is currently 117p, but will almost certainly gain ground in the coming weeks so now is a good time to buy. The group has already said that it will pay a 6p dividend in 2012, putting the stock on a yield of more than five per cent. For investors in search of a decent income and some capital appreciation, INPP is a solid, long-term bet.
Traded on: Main market Ticker: INPP Contact: 01481 716 000 or internationalpublicpartnerships.com
The Business Finance Store Discusses Unemployment Benefits for the Self-Employed - YAHOO!
The Business Finance Store discusses the prospect of Federal unemployment benefits for the self-employed entrepreneur as he launches his own business.
Santa Ana, CA (PRWEB) June 09, 2012
The number of people in the US applying for unemployment benefits fell by 12,000 last week for the first time in five weeks, Bloomberg Businessweek reported. The fall in unemployment reflects increases in hiring; however, does not necessarily take into account increases in self-employment. A new plan supported by the Department of Labor might change this though. The Federal government is considering a special kind of “unemployment” aid for business owners called the Self-Employment Assistance Programs (SEA). In the recent blog post “Unemployment: The Key to Success?,” The Business Finance Store discusses the prospect of Federal unemployment benefits for the self-employed entrepreneur as he launches his own business.Starting a new business can be quite a financial hardship. For many, a little help while they work to get their business off the ground can make the difference between success and failure. The proposed SEA program would allow qualified entrepreneurs to collect unemployment benefits while they work on growing their new business. Read more about assistance in starting a new business at The Business Finance Store Blog.
The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as: Business Financial Solutions, Legal Solutions, and Accounting Solutions.
The staff at The Business Finance Store understands that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes and put them on the path to success.
For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007, they have helped thousands of companies and have funded over $60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.
For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store website: http://www.businessfinancestore.com. A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.
Kelly Rye
The Business Finance Store
(949) 777-5959
Email Information
Get Money for Your Gold and Learn the Jewelry Trade with “Gold Profit Formula,” Says Online Article - YAHOO!
The latest AbsoluteWealth.com article said “You can get money from your gold using the innovative full-scale training system.”
Austin, TX (PRWEB) June 09, 2012
The most recent AbsoluteWealth.com article asked, “When you’re looking to get money for your gold, you probably go to a pawn shop or “Cash for Gold” dealer, right?” It then explained that those businesses are cheating people out of almost twice the money they typically end up offering? That’s more than a little upsetting to people who don’t realize it, said the article.The opportunity to turn the tables on those businesses and start a personal one is a real possibility. The article said it’s achievable by learning the techniques shared in “Gold Profit Formula,” Absolute Wealth’s latest training program. The “Gold Profit Formula” shows ordinary people how to become a gold and precious metal dealer and access the extraordinary profits.
The article said that sometimes profits this high instill feelings of deceit and dishonesty, a scam if there ever was one. But in reality, that’s the way the gold world works. Businesses who give only 40 or 50 cents on the dollar for gold are following typical protocol; they’re just trying to benefit their company, said the article. The “Gold Profit Formula” teaches people how to spot the value in jewelry, coins, and even scrap metal. All the while, they’ll be making cash offers that are fair for the customer and still make them money.
Dealers know how to make money with gold by directly selling it to refiners, who send them cash back based on the current price of the metal. Prices constantly change, but as they creep towards an all-time high, the article said sellers are increasingly happy with their transactions. And the dealer will reap the benefits.
But personal jewelers will be competing with big businesses for customers and profits, said the article. That’s why Absolute Wealth is including an additional three-part training course on starting a business. That way, entrepreneurs can initialize their goals, set forth their marketing tactics, and truly begin to establish themselves as a reputable businessperson. Only then will potential customers take them seriously and be willing to bring them their gold, said the article.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the Independent Wealth Alliance for professional investment analysis and recommendations on the latest trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.
There are clear economic reasons why gold buying stores, pawn shops, and TV gold dealers can’t compete with personal dealers, said the article. The “Gold Profit Formula” will show how to get money for your gold and start a profitable business in the process.
Paul Norwine
AW Research Publishing, LLC
512-892-3022
Email Information
Debt crisis: Eurozone finance ministers to discuss Spain request for bank bailout - Daily Telegraph
Mr de Guindos spoke after ministers from across the shared currency nations on Saturday embarked on a conference call to outline a rescue deal.
"The amount on the table at the moment is as much as up to €100bn but this hasn't been decided yet," a senior EU official told AFP during the nearly three-hour call. The money will come with conditions attached entailing a "clean-up of the financial sector", the source said.
The Swedish prime minister signalled the package would be in that region. "There was a question of more than €80bn," Fredrik Reinfeldt said in a radio interview. "It is in fact a question of one of the biggest financial rescues in recent history."
Spain had come under pressure from the European Central Bank, Germany and Netherlands to move before Greek elections on 17 June, amid fears that political chaos in Greece and the weakness of Spanish banks could threaten the euro's financial stability.
"There is a need to ensure that the euro-area is properly ringfenced and protected from possible Greek fallout and that means strengthening Spain's banks," said an official.
Pressure for eurozone action to stem the escalating crisis was increased by a warning from Moody's overnight that Spain's need for help to refinance its banks and an exit from the euro by Greece could lead to additional credit rating downgrades for the region.
EU sources have indicated that the final deal is unlikely to be agreed until the June 21 meeting of eurogroup of finance ministers in Luxembourg. Negotiations will focus on the terms and conditions of the aid from the European Financial Stability Facility (EFSF) as Spain resists a full scale EU-IMF bailout programme such as those in Portugal, Ireland or Greece.
However, they will be guided by an International Monetary Fund report published late on Friday saying while Spain's largest banks had enough capital to withstand further deterioration, several banks would need to increase capital buffers by at least €40bn, adding it could be more with restructuring costs and reclassification of loans. The report had been expected on Monday.
Ceyla Pazarbasioglu, Deputy Director of the IMF’s Monetary and Capital Markets Department, said: “Going forward, it will be critical to communicate clearly the strategy for providing a credible backstop for capital shortfalls — a backstop that experience shows it is better to overestimate than underestimate."
Fitch, which cut Spain’s credit rating by three notches on Thursday, estimates the country's banks will need up to €100bn, while JP Morgan said the full requirement could be as much as €350bn.
Vitor Constancio, vice president of the ECB, said: “It is expected that Spain will make a request for assistance, exclusively for bank recapitalisation ... Spanish banks have recapitalisation needs, therefore a solution must be found quickly to calm the markets.”
The euro's existing EFSF bailout fund allows bailouts to be used for banks without a full austerity programme administered by the EU-IMF's troika, dubbed the "men in black" by Spanish ministers.
While Spain, which is regarded by the EU as on track with its economic policies, will escape an unpopular and intrusive troika programme, it will not escape having the EU aid added to its national balance sheet, compounding its fiscal problems.
On Friday, US President Barack Obama demanded European leaders act “right now” in an impatient and forceful message. He said there was “a path out of the crisis” if only leaders would take the “decisive actions” needed.
“The focus must be on strengthening the banks, like we did in 2008,” he said. “EU leaders are in discussions about that and they are going in the right direction.”
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