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Posts made in May, 2017

Press Release: ISS and Glass Lewis Recommend GM -2

By on May 31, 2017 in Press Release | 0 comments

ISS AND GLASS LEWIS RECOMMEND THAT GM SHAREHOLDERS VOTE FOR ALL GM BOARD NOMINEES AND AGAINST THE GREENLIGHT PROPOSAL FOR THREE KEY REASONS Continue Reading Below Greenlight’s Latest Letter Ignores Key Points and Advisory Services’ Analysis Tue, May 30 2017 DETROIT – GM today reminded shareholders that both ISS and Glass Lewis have recommended conclusively that GM shareholders vote the WHITE proxy card for all of the GM Board’s director nominees and against the Greenlight proposal for three key reasons: GM’s Board and management are already driving transformational change and creating value for shareholders The advisory services disagree with key Greenlight assumptions regarding the value creation potential of its proposal Continue Reading Below ADVERTISEMENT Each advises that the Greenlight nominees are definitively linked to Greenlight’s high-risk proposal In its latest letter, Greenlight attempts to mislead shareholders through its highly selective characterization of the ISS and Glass Lewis recommendations and continues to ignore these three essential points and the supporting analysis by both of the leading proxy advisory services: 1. GM’s Board and management are already driving transformational change and creating value for shareholders: “Overall, we find that the Company has articulated a clear strategy to create shareholder value and has demonstrated progress executing this strategy.” (Glass Lewis Report, p. 16) “It is…encouraging to hear GM’s directors explain the company’s strategy for repositioning itself to be viewed as a key player in the disruption of the auto sector, as opposed to a company being disrupted. To this end, the board is actively considering the addition of directors with tech backgrounds.” (ISS Report, p. 18) “On an absolute basis, the Company generated positive total shareholder returns over every period reviewed in our analysis, with particularly favorable performance over the one-year and five-year periods. Notably, the Company generated a five-year total return of 56.5%, or approximately 9.4% on an annualized basis.” (Glass Lewis Report, p. 15) “…the company has closed the performance gap relative to peers since Barra took over as CEO, while outperforming Ford, and…the market has not reacted positively to the dissident’s proposal.” (ISS Report, p. 16) 2. The advisory services disagree with key Greenlight assumptions regarding the value creation potential of its proposal: “…the value creation is uncertain, and...

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Police Issue Annoyed Press Release After Pot Arrest

By on May 31, 2017 in Press Release | 0 comments

HAMPSTEAD, N.H. (AP) — A New Hampshire police department has issued a public service announcement with an odd mug shot after a man was arrested with marijuana in his car. Hampstead police said in a release Monday, “as a public service announcement — it is illegal to possess recreational marijuana in New Hampshire, even if you only ‘smoke it in Massachusetts.’” WMUR-TV reports (http://bit.ly/2r64Kco) the announcement came after the arrest of 27-year-old Selket Taylor, who was pulled over for using his cellphone while driving. Police say they arrested Taylor after they saw he had a bag of marijuana in a cup holder. Taylor has been charged with possession of a controlled drug, transporting a controlled drug in a motor vehicle and use of an electronic mobile device. In his arrest photo, Taylor is sticking out his tongue while his eyes are closed and arms are crossed. No information on an attorney for Taylor could be located. Recreational use and possession of small amounts of marijuana were legalized in Massachusetts last year. Author: Associated Press Featured Image: Hampstead, N.H., Police Department via AP Published: May 30th,...

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PRESS RELEASE: 2017 Futsal Competition results

By on May 30, 2017 in Press Release | 0 comments

The Chamber of Commerce, Industry and Agriculture Inter-Commercial House Futsal League competition continued on Friday May 26th 2017 with much excitement and rivalry. In Group D: May 26th, 2017- Windjammer went up against Renwick. Windjammer edged out Renwick to take the win with 4 goals to Renwick’s 3. In Group D: May 26th, 2017- St. Lucia Teachers Union faced CO Williams. Former Champions St. Lucia Teachers Union dominated the match with a total of 14 goals while CO Williams trailed behind with 3 goals. In Group A: May 26th, 2017- LUCELEC went up against St. Lucia Teacher’s Credit Cooperative Ltd. LUCELEC emerged as the winners with 1 goal as St. Lucia Teacher’s Credit Cooperative Ltd. struggled to get on the board. In Group C: May 26th, 2017- Flow went up against 1st National Bank. Flow was on fire beating out 1st National Bank 4 goals vs 1. Matches continue on Wednesday 31st May 2017 with Renwick VS CO Williams                                                                                          6:30pm WLBL VS 1st National Bank                                                                                    7:30pm Ministry of Infrastructure VS LUCELEC                                                                 8:30pm PCD Magnum VS St. Lucia Teacher’s Credit Cooperative Ltd                                9:30pm All games are played at the Beausejour Indoor Facility. Entry fee is $5.00EC dollars per person. Persons are encouraged to come out and support....

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PRESS RELEASE: From Caddy to Diamond Talent of the Year

By on May 30, 2017 in Press Release | 0 comments

Marcus Monrose is the Diamond Talent of the Year at Sandals Regency LaToc. Monrose was crowned last Thursday May 25, 2017at the resort’s 9th annual Prestige Awards featured in a vintage Hollywood setting. He was surrounded by hundreds of supporting team members, resort management from across the Sandals Saint Lucia group and guests at the resort. The Sandals Prestige Awards is held annually and recognizes the outstanding work of resort team members from the year previous. Monrose a Concierge Agent in the Club Sandals Department has displayed an unmatched level of consistency in performance guest satisfaction. He began his career with Sandals Regency at a Caddy in the resort’s renowned nine-hole golf course and eventually elevated himself to the Club Sandals Department as a Junior Concierge Agent. Monrose was promoted to the role of Concierge Agent just under two years ago – after consistently marveling his then department head Della John and earning a reputation of “the go to man” among new and returning guests. “I am really honoured by this. I am not one that comes to work looking any kind of praise from my colleagues or our guests. I simply follow the mandate set out by our Chairman and CEO in exceeding expectations and going above and beyond the call of duty. I actually love my job so it is less work and more joy for me to come here every day,” Monrose said. Aside from his professional capacity as Sandals Regency, Monrose is one of the most active team members outside of the operation, constantly making himself available on social and sports clubs and off-resort activities. Recently appointed Elite Services Manager Victor Regis, under whose portfolio Monrose operates, said he was honoured to have inherited such a “reliable” team member. Sentiments of Monrose’s aptitude echoes throughout the resort. “We are all very proud of him and grateful for his contribution every day to the success of our operation,” Regis said. Hotel Manager for Sandals Regency LaToc Mr. Stephen Husbands in his opening remarks to last Thursday’s award ceremony reflected on the challenges that faced the resort especially during the latter months of 2016 and early 2017, which saw the mass exodus of senior talents considering personnel...

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PRESS RELEASE: Rock Hall Road closed

By on May 29, 2017 in Press Release | 0 comments

The Department of Infrastructure, Ports and Energy wishes to inform the motoring public that works will commence on Sunday, May 28, 2017 on the Rock Hall Road from 7:00am to 5:00pm to facilitate repair to Grill Crossing at the bottom of the road. In view of this, commuters are informed that the road will be closed and therefore alternative routes should be taken. The Department of Infrastructure, Ports and Energy apologizes for any inconvenience which may be caused as a result of this road closure....

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