Midshipmen Train aboard USS Antietam

first_img Midshipmen Train aboard USS Antietam Back to overview,Home naval-today Midshipmen Train aboard USS Antietam During June, five midshipmen – four from the U.S. Naval Academy and one from Georgia Tech – got a taste of what life is like as a part of FDNF. The midshipmen boarded USS Antietam (CG 54) in Yokosuka, Japan and sailed with the ship for two weeks while on patrol in the 7th Fleet area of operations. Authorities View post tag: americas View post tag: train June 25, 2014 View post tag: Midshipmencenter_img View post tag: News by topic View post tag: Navy View post tag: Naval The visit was part of the midshipmen’s summer cruise training program, which is designed to enhance their professional development.“The purpose of these visits is to introduce midshipmen to the tasks at hand and the daily routine of life at sea,” said Ensign Oheneba Duodu, Antietam’s midshipmen training officer. “This summer cruise serves a larger purpose of enabling midshipmen to make informed career decisions about their future naval careers.”Antietam is on patrol with the George Washington Carrier Strike Group in the 7th Fleet area of operations supporting security and stability in the Indo-Asia-Pacific region.[mappress]Press Release, June 25, 2014; Image: Wikimedia View post tag: USS Antietam Share this articlelast_img read more

Greggs reveals interest in First Quench sites

first_imgPatrick McGuiganGreggs has expressed interest in buying up to 120 First Quench off-licences from administrators, reflecting a wider strategy of cherry-picking sites from struggling retail chains in its bid to open over 600 new stores.The retailer is running the rule over 10% of First Quench’s 1,200 shops, which comprise Threshers and Wine Rack stores, after the chain went into administration last month. Greggs is also in negotiations to buy around 10 Ainsleys’ shops from administrators (see pg 5).”We’re looking for more than 600 shops, so when companies go into administration, we are quick to make contact. We’ve looked at many companies and have put extra people into our property team to do this,” Greggs’ chief executive Ken McMeikan told British Baker. “When a chain like Threshers goes into administration there is often overlap with existing Greggs stores, but if there are parts of its portfolio that are a good fit, we’ll be straight on the phone.”McMeikan emphasised the social benefits of such deals: “We can potentially offer employees from those companies in administration a secure future within Greggs, which is a financially strong and growing business.”Greggs plans to open 50-60 new stores next year and around 70 stores per year from 2011. Target regions include the south west, north west, north Wales and north-east Scotland. Indus-trial parks and sites at travel hubs, such as airports, are also a focus.”I haven’t ruled out acquisitions, if the right company came along,” added McMeikan. “In terms of opening shops in the south west, we first need to open a new bakery in that region. If there were an existing business that could provide both shops and a bakery in the area, we’d certainly be very interested. It would mean we wouldn’t have to build a brand new bakery.”According to Paul Moody, retail director at property consultancy Colliers CRE, Greggs will face tough competition for prime retail sites, despite the downturn. “Greggs is a mature chain so it will have a refined and specific list of properties it is looking for,” he said. “There is strong demand for good locations on the high street and sites at transport hubs from players such as Subway, EAT, and Pret, so Greggs won’t find it easy.”last_img read more

Managing your credit union’s loan data

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Whether it’s part of a CECL preparedness conversation or part of a more proactive approach to risk management under existing regulatory expectations, the topic of “loan-level data” has repeatedly come up since the 2012 proposal from the FASB. As a result, at Sageworks, we have received many questions from our clients – banks and credit unions alike – about the steps to data preparedness.Credit unions face a distinct challenge in that, generally, borrower data for a credit union is stored in several different core processing or decisioning systems. These data silos make it all the harder for credit unions to begin data archiving. There are more sources from which to pull information and, probably, fewer IT resources that can focus on data management at a credit union.Sageworks helps our clients overcome this data challenge through a customized core integration (find out more about a Sageworks Core System Integration), but how can a credit union gather loan-level data?Limited MethodFor CECL specifically, it’s likely that a credit union will need several years of data (life of loan) to accommodate the forward-looking calculations. One way to capture this information is the Limited Method, in which the credit union uses data already stored in its core and decisioning system(s). Often these systems store data for up to 13 months, so look into your own core provider to see the limitations it may present. For this and the following methods, the credit union will likely have to have access to a report writer or know how to access core information. continue reading »last_img read more