AGL to buy natural gas player Nicor for $2.4bn

first_img Tags: NULL Tuesday 7 December 2010 8:00 pm AGL to buy natural gas player Nicor for $2.4bn whatsapp whatsapp Read This NextFresh Fruit Sushi: Recipes Worth CookingFamily ProofCreamy Pumpkin Soup: Delicious Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofA Once in 17 Years Cicada Event in Princeton, New JerseyFamily Proof KCS-content AGL Resources, a major natural gas distributor in the US Southeast, said it will buy peer Nicor for about $2.4bn (£1.52bn) in cash and stock, nearly doubling its customers at a time of surging gas output in the country.Natural gas production has boomed in recent years, helped by new gas fields like the Marcellus shale, raising hopes that the fuel’s share in energy markets will rise.Nicor shareholders will get about $53 a share — $21.20 in cash and 0.84 of AGL shares. The deal is a premium of about 13 per cent to Nicor’s closing price Monday on the New York Stock Exchange and a premium of 22 percent to Nicor’s price before chatter that the company was in talks to sell itself.“This is an expensive acquisition,” analyst Gordon Howald at East Shore Partners said in a note. “We are concerned by the premium AGL is willing to pay for Nicor, particularly given its strong relative peer performance.” Show Comments ▼ Sharelast_img read more

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Ex-HP boss Hurd in bid to keep Fisher letter private

first_img whatsapp More From Our Partners Supermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com KCS-content Ex-HP boss Hurd in bid to keep Fisher letter private Wednesday 22 December 2010 7:14 pm FORMER Hewlett Packard (HP) chief executive Mark Hurd is fighting to keep private the letter that led to his resignation from the technology giant and has triggered an investigation by the Securities and Exchange Commission into his departure.The eight-page letter, in which former HP contractor Jodie Fisher is believed to have accused Hurd of sexual harassment, is currently under seal in Delaware’s Court of Chancery as part of a shareholder suit filed against HP over the executive’s exit.The law firm for the shareholder suit said last month it would publicise the letter, but Hurd’s lawyers have filed a motion to keep the letter private.Hurd has denied having an inappropriate relationship with Fisher. His spokesman said on Monday that “Mark acted properly in all respects.” After leaving HP, Hurd joined rival Oracle as a co-president. Share Show Comments ▼ whatsapp Tags: NULLlast_img read more

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RBS surges on talk of asset protection exit

first_imgFriday 21 January 2011 6:35 am Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof John Dunne whatsapp whatsapp Royal Bank of Scotland and the Treasury are in talks over RBS’s possible early exit from the government asset protection scheme that insures the bank’s riskiest assets, an industry source said.“Clearly there are talks going on, but it is very early days,” the source said on Friday.The Asset Protection Agency (APA) – which insures £230bn of risky assets held by RBS – was set up in 2009.RBS, the Treasury and the APA declined to comment.Hopes that RBS could leave the scheme earlier than planned lifted shares in the bank, which is 80-percent owned by the state after a taxpayer bailout during the credit crisis, 5.1 per cent to 44.34 pence by 10:40 a.m making it the best-performing stock on the FTSE 100 index.“We see this possibility as positive for RBS in terms of sentiment and in terms of reduced government asset protection scheme insurance payments,” brokerage Oriel Securities said in a research note. Oriel kept a “buy” rating on RBS shares.KEY SUPPORTRBS chief executive Stephen Hester had said the earliest exit from the scheme would be 2012.The source said on Friday uncertainty remained over the timing of an early RBS exit, and the scheme’s insurance cover on RBS’s riskiest “toxic” assets remained vital.“These markets are still very uncertain and you cannot be sure about just how toxic some of those assets are.”As of March 31 last year, £231bn of risky RBS assets were covered by the scheme, for which RBS pays a fee.The cover for those assets operates like a conventional insurance policy. If RBS’s assets fall in value the bank will absorb the first £60bn of losses.Further losses are shared by RBS and the government, with RBS taking ten per cent of the loss and the government 90 per cent. Sharecenter_img RBS surges on talk of asset protection exit Tags: NULL Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com last_img read more

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William Hill profit at top of forecasts

first_img Tags: NULL More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comConnecticut man dies after crashing Harley into live bearnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com whatsapp William Hill profit at top of forecasts Share William Hill, Britain’s biggest bookmaker by market value, reported full year operating profit at the top end of expectations, benefiting from a strong performance from its online business and gambling machines.The company, which has around 2,300 betting shops in Britain and Ireland, on Friday said operating profit for the year to 29 December rose by seven percent to £276.8m.“This is a strong performance and, in particular, our online business and the gaming machines in our shops have performed very well in the year,” chief executive Ralph Topping said in a statement.William Hill on Tuesday secured an injunction to protect its relationship with key software provider Playtech following reported takeover interest from rival Ladbrokes .The company said on Friday it remained committed to the success of the joint venture.Ladbrokes last week reported a 20 percent rise in full year operating profit, at the upper end of expectations, as new gambling machines and in-play betting proved popular. Show Comments ▼ Friday 25 February 2011 3:10 am John Dunne whatsapplast_img read more

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Markets tank on Libya and sovereign worries

first_img Share Show Comments ▼ Markets tank on Libya and sovereign worries whatsapp INVESTORS deserted stock markets yesterday as a triple whammy of sovereign debt fears, poor US and Chinese economic data and fears over escalating levels of violence in the Middle East and Libya hit confidence.Traders described the day as “a catalyst of negative sentiment” that caused a market rout and left the FTSE at a five-week low, down 1.55 per cent at 5,845. US markets also slumped with the Dow Jones experiencing its worst day in seven months, closing down 1.87 per cent to 11,984.61. The Standard & Poor’s 500 Index closed 1.89 per cent lower at 1,295.1.The rout in Europe started after Moody’s downgrade of Spain’s credit rating from Aa1 to Aa2 caused fears over the return of the sovereign debt crisis. The rating agency warned Spain had severely underestimated the cost of recapitalising its banks.Continuing violence across Libya also weighed on markets, with fighting between rebels and forces loyal to Colonel Muammar Gaddafi intensifying across the country.Gaddafi’s second son Saif al-Islam warned that his father was preparing full-scale military action to crush the rebellion and would never surrender even if the West invaded. EU leaders however failed to reach agreement on how to deal with Gaddafi. France and Britain jointly called on the European Union to recognise the rebel council based in Benghazi. But US and Germany continued to block French and UK proposals for a no-fly zone. Oil prices fell back despite the violence as news that China posted a $7.3bn trade deficit in February, its first in more than a year, stoked fears that its economic growth may have peaked. Brent crude traded at about $115. Tags: NULL More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com whatsapp Thursday 10 March 2011 8:59 pm KCS-content last_img read more

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GiveMeSport enters gaming sector with Oryx deal

first_img UK digital media firm GiveMeSport will move into the betting sector after parent company Breaking Data agreed a deal to acquire Oryx Gaming and set a long-term target of expanding from the UK to the US.Breaking Data announced today (Thursday) that it had entered into a transaction agreement through which it will acquire all of the shares of Oryx as it plans to leverage GiveMeSport’s audience of 26 million fans on Facebook by launching a new online sports betting brand, GiveMeBet.The transaction has been valued at €7.5m (£6.7m/$8.7m) plus performance-based earn-out payments.A Breaking Data spokesman told iGamingBusiness.com that there is no set timeline for completion of the deal, which is expected to see Oryx renamed Bragg Gaming Group. However, the spokesman added that it is a reasonable expectation that GiveMeBet could launch towards the end of this year or in early 2019.Dominic Mansour – a former chief executive of the UK’s Health Lottery who has also held senior roles at FullTilt poker, GTECH G2, NetPlay TV and Globalcom/WMC UK – will become CEO of Bragg Gaming, with former NetPlay TV and Sporting Index executive Akshay Kumar becoming chief financial officer.In announcing the deal, Breaking Data suggested that it would model the development of GiveMeBet on how Sky Betting & Gaming was built from the ground up by UK pay-television broadcaster Sky.“The acquisition of Oryx is the first step on the road to the creation of a new global gaming group,” Mansour (left of picture) said. “We plan to follow this with other acquisitions in the gaming sector as we position Bragg Gaming as a next generation gaming company.“The newly-combined group will now have the opportunity to grow into gaming and to leverage synergies through the combination of the businesses. GiveMeSport has a bigger following on Facebook than ESPN and Sky Sports and we plan to use this as a platform to grow into sports betting initially in the UK and further into the US.”Matevz Mazij, who will retain his role as Oryx CEO, added: “The deal with Breaking Data is a fantastic opportunity to capitalise on our international expansion plans. In the last five years since Oryx was founded, it has developed in to a leading global provider of turnkey solutions for top gaming and betting brands.”Nick Thain (right of picture), currently CEO of Breaking Data, will continue to run GiveMeSport. Breaking Data shareholders will vote on the deal at the company’s annual general meeting next month, with the transaction requiring at least 50% approval.The takeover is also contingent on financing, TSX Venture Exchange approval and certain other closing conditions. Breaking Data said it will provide further information as it becomes available with regard to the financing, which may be either equity, debt or a combination of both. Ex-Health Lottery CEO Mansour to lead GiveMeBet with an eye on US expansion AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Finance Topics: Finance Sports betting GiveMeSport enters gaming sector with Oryx dealcenter_img 23rd August 2018 | By contenteditor Regions: UK & Ireland US Email Address Subscribe to the iGaming newsletterlast_img read more

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DraftKings expands into live casino with Evolution

first_img24th January 2019 | By contenteditor DraftKings expands into live casino with Evolution Tags: Online Gambling Email Address DraftKings has widened its igaming offering in New Jersey after agreeing a deal with Evolution Gaming to launch a live dealer gaming offering. DraftKings is to expand its New Jersey igaming offering with the addition of live casino services from Evolution Gaming.Evolution will provide content to DraftKings from its new US live casino studio, which opened in Atlantic City in August 2018, through the agreement.Traditionally a fantasy sports operator, DraftKings has expanded into new verticals over the past year, establishing itself as a leading sports betting brand in New Jersey.Last month, DraftKings ranked second behind rival FanDuel in the state’s sports betting market, reporting revenue of $6.7m (£5.1m/€5.9m).James Stern, chief business officer for the Americas and land-based market at Evolution, said the supplier is looking forward to helping DraftKings expand its services.“DraftKings is a young and dynamic company that has blazed a trail in recent years with its best-in-class technology and extensive knowledge of sports,” he said.“DraftKings was first to market in New Jersey with online sports betting, just a couple of months after filing for its licence with the New Jersey regulators,” Stern said. “We very much look forward to working with DraftKings on this project.”Evolution is also working with a number of other operators in New Jersey as it seeks to take advantage of the growing market.Last month, the supplier expanded an existing deal with Unibet to provide the Kindred Group brand with its live casino services in the state. Evolution’s other clients in New Jersey include The Stars Group and Hard Rock Atlantic City.Image: Karen Topics: Casino & games Tech & innovation Table games Casino & games AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Regions: US New Jerseylast_img read more

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Fruitbat Crazy by Betsoft

first_img In Fruitbat Crazy, clusters of low-value symbols always pop first, allowing higher-paying stacks to mount up before splattering them in one big explosion. Unlike other cascading slots, Fruitbat Crazy’s roster of symbols also collapse on a combo-by-combo basis, with smaller wins resolving before triggering their own collapses – creating the chance for some seriously succulent payouts.Beyond the 3X5, 243 ways to win base game. Find 3 or more Fruitbat symbols and a whole flock will descend from the trees and gorge themselves over the course of 10 or more free spins.Fruitbat Crazy also contains the signature feature-buy-in mechanic, allowing players to trigger free falls at any time – and a special symbol can reduce the cost of buy-in to zero if enough appear at once.You can try a demo of the game here! Fruitbat Crazy by Betsoft AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Casino & games Subscribe to the iGaming newsletter In Fruitbat Crazy, clusters of low-value symbols always pop first, allowing higher-paying stacks to mount up before splattering them in one big explosion. Unlike other cascading slots, Fruitbat Crazy’s roster of symbols also collapse on a combo-by-combo basis, with smaller wins resolving before triggering their own collapses – creating the chance for some seriously succulent payouts. 25th March 2019 | By Aaron Noy Topics: Casino & games Slots Email Addresslast_img read more

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Journey Flirt by BGaming

first_img BGaming has visualised a road trip love story in their adventurous new slot – Journey Flirt. The game is a 5×3 scheme slot featuring 243 ways to win, 4 bonus-cities are opened step by step: Havana, Mexico, New York, and London. The game is loaded with free spins, sticky and expanding wilds, and flexible and fixed multipliers!Learn more about this slot here! Casino & games Subscribe to the iGaming newsletter 15th October 2019 | By Aaron Noy AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwittercenter_img Topics: Casino & games Slots Journey Flirt by BGaming Email Addresslast_img

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MaxEnt to withdraw from UK market over Brexit

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Topics: Casino & games Legal & compliance Slots Subscribe to the iGaming newsletter Regions: UK & Ireland MaxEnt to withdraw from UK market over Brexit Casino & games Tags: Slot Machines Email Address 2nd January 2020 | By Daniel O’Boyle Malta-based Slotty Vegas operator Max Entertainment (MaxEnt) has opted to withdraw from the UK market, citing the UK’s forthcoming departure from the European Union as the reason.In a release dated 30 December, the operator announced that UK customers will no longer be able to register with MaxEnt with immediate effect but the site will remain open for a “short period” so that existing customers may withdraw money.The operator said that it made the decision following the December 2019 UK general election, in which the Conservative Party won a significant majority of seats. MaxEnt said that, as this made Brexit a “practical certainty,” it was no longer worthwhile to be active in the UK market.“We take this decision with a heavy heart,” said Greg Bennett, chief executive of MaxEnt, said. “We’ve been watching the market for some time, and the looming threat of Brexit has been a source of concern for us. Now that the Conservative Party have won and can push it through, we feel that we are better focusing on well-regulated European markets.”The operator’s licence was revoked by the British Gambling Commission in June following a change in ownership, due to concerns about the source of funds used for the deal and question marks over its new ownership. The decision to withdraw from the market means that MaxEnt will no longer contest this decision as it had originally intended.MaxEnt said it was “not ruling out the possibility of returning to the UK in the future,” but in the shorter-term its focus would be on the rest of Europe as many countries adopt the local-licencing model.The operator said it expects to receive its Swedish licence early this month and will look at applying for a Dutch licence when its market opened.MaxEnt also announced that it has launched a new no-registration plan, GoSlotty, to be launched in Germany and Finland this month. Malta-based Slotty Vegas operator Max Entertainment (MaxEnt) has opted to withdraw from the UK market, citing the UK’s forthcoming departure from the European Union as the reason.last_img read more

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