AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 27 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Digital About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Digital marketing agency Nudge is offering a good cause in the UK a free website that it says is worth £10,000, “no strings attached, no catch.”The agency’s ‘Nudge Kindness’ campaign is designed to benefit a charity, fundraising group or support centre. The top 10 entries with the most likes will be shortlisted on 23 December and the winner will be announced on Christmas Eve.The campaign aims to inspire others to commit random acts of kindness. It came about after Nudge’s CEO assisted an elderly woman with her suitcase. She expressed her frustration at there not being enough kindness in the world.At the moment there are entries from groups in London, Bristol and Coventry. You can nominate your own organisation or another.The Nudge Kindness competition closes on 23 December 2013. Howard Lake | 19 November 2013 | News Digital agency offers £10,000 website to a UK good cause
Home » News » Agencies & People » Sotheby’s rejects claim TV series featuring its agents will be Brit version of Selling Sunset previous nextAgencies & PeopleSotheby’s rejects claim TV series featuring its agents will be Brit version of Selling SunsetAgency has released a statement after new Channel 4 show’s production company suggested it was going to be a Brit version of the US series.Nigel Lewis20th November 202002,545 Views Upmarket estate agency Sotheby’s International Realty is to be featured on TV this Christmas during an hour-long documentary during which viewers will get close-up and personal look at its negotiator and clients.But despite the show’s production company portraying it as a British version of US reality Netflix series Selling Sunset, Sotheby’s insists it will be a serious look at the luxury property market and how it works including both agents (pictured) and clients.Sotheby’s has reason to be nervous – one of the co-owners of the US brokerage featured in Selling Sunset later rued allowing cameras into his offices.Statement“We agreed to undertake filming for a documentary show on Channel 4, as an insight into the day to day workings of our business,” says Sotheby’s.“The documentary is in no way a copycat or similar approach to other reality style US property programmes, indeed far from it.“We are well aware that many people have an interest in property around the UK and abroad and as part of the show, a number of our clients agreed to take part and showcase some of the wonderful homes that we are proud to represent, but the reality is that our core business is across all price points and areas of the market.“What makes a wonderful home is equally subject to opinion, some of our favourite listings and sales we have worked on have been below £1,000,000.“We have some very talented and personable agents on our team and it was an opportunity to highlight the difference in style and approach in the way we do business.“We hope that the show provides an insight into the world of UK Sotheby’s International Realty as well as focusing on some of the team.”To be shown on Channel 4 during the Christmas break, the hour-long programme will be called Selling Britain’s Most Expensive Homes, although this may change, as production is still in progress. An official launch is due in two weeks.Tim Hancock (pictured), Commissioning Editor, Formats and Features at Channel 4 says: “Just like the rest of us, the super-rich have reacted to lockdown by dreaming of a life in the country.“They just do it a little differently. Combining outrageous property porn with an insight into the lives of the richest people in Britain, this documentary promises to show just how the 0.1% experienced 2020.”The Sotheby’s Realty International franchise in the UK is owned by Robin Paterson, who is also busy at the moment as a major shareholder in Countrywide through his other business, Catalist.Selling Britain’s Most Expensive Homes tim hancock Sotheby’s International Realty Channel 4 documentary November 20, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021
The date most associated with Harvard is 1636. It was on Oct. 28 of that year that the Massachusetts Bay Colony created the first institution of higher learning in the English New World.The gathering of immigrant Puritans described the school’s nearly imaginary creation in “New Englands First Fruits,” a 1643 publicity tract composed for the colony’s London backers. The new College, a “first flower in their wilderness,” was intended to prevent “an illiterate ministry,” the authors wrote, “when our present ministers shall lie in dust.”So why not call 1639 the most significant date? It was on March 13 of that year that the “Colledg at Newetowne,” 8 months old, was renamed Harvard. Just six months before, John Harvard, a Cambridge-educated minister living in Charlestown, had died at age 30. He bequeathed to the college 320 books and the princely sum of 779 pounds, 17 shillings, and two pence. To put that money in perspective, two decades later, the nearly penniless College gratefully recorded a gift of cotton worth nine shillings, along with a pewter flagon, a fruit dish, and a sugar spoon.Bear in mind the plebian source of John Harvard’s wealth. It came from his father and two stepfathers, who were, respectively, a butcher, a cooper, and a grocer. John Harvard himself had a sort of magical literary provenance. His parents, Robert and Katherine, were introduced by William Shakespeare.Or why not call 1642 Harvard’s primal year? It was then, in September, that the College held its first Commencement, graduating nine seniors. At least three soon crossed the Atlantic the other way, one to serve as a diplomat for the rebellious Oliver Cromwell and another to study medicine in Italy.Reverse migration was a concern; educated young men still felt the tug of Mother Europe. Of Harvard’s first 20 graduates, 12 moved to Europe, and only one returned. There was also a shortage of College entrants — teenage boys proficient in Latin and Greek who, once admitted, were willing also to take on Hebrew, Chaldee, and Syriac. During the rest of the 17th century there were no Harvard graduates in five of those years. In two others, 1652 and 1654, there was only a single graduate.In the Commencement of 1642, there was little that we would recognize today, other than that the ceremony opened with a staff being struck on the floor and was interrupted by copious eating and drinking. Exercises were conducted in Latin, including public “disputations” meant to illustrate a student’s grasp of ancient languages.Starting in 1642, in imitation of Old World universities, candidates for a bachelor of arts (A.B., or Artium Baccalaureus) posted broadsheet academic statements representing the scope of their work: theses, pro virile defenendae they were prepared to defend the morning of Commencement. Candidates for a master of arts (A.M., or Magister Artium) posted Quaestiones pro modulo discutiendae, single questions in logic, mathematics, or other fields that they answered that afternoon in the affirmative or negative.No one received a diploma, a tradition that started in 1813. If you wanted one, you paid a calligrapher to design and draw it. And class rank? That was set within a few months of your freshman year, based on the social standing of your parents. (After 1772, the names of graduates were listed alphabetically.) No honorary degrees were awarded until 1692, and the first for accomplishments outside of academics was bestowed in 1753. It went to Benjamin Franklin.At Harvard’s first Commencement, there were other stark differences. In 1642, Massachusetts Bay Colony settlements extended less than 30 miles along the Atlantic coastline and fewer than 20 miles inland. Harvard itself consisted of just two buildings along the southern edge of a cow yard. The “college,” tucked behind Peyntree House, where the first classes were held, was an E-shaped frame structure of complex jogs and gables. “Very faire and comely within and without,” and “too gorgeous for the wilderness,” observers wrote. It stood approximately where Grays Hall is now. To imagine the first Commencement, stand there. But add to your reverie the fact that nearly everything you hear is in Latin, except at meals; that the prayer hall is next to the buttery; and that Harvard made its own beer. Bring a halfpenny for every quart.In those days too, wolves still prowled what is present-day Cambridge Common. Beyond what is now Linnaean Street was a howling wilderness, a Grimm Brothers gloom hovering at the edge of fairy-tale Harvard. The barrier of forest and beasts was so daunting that it took the Puritan founders of Cambridge another century to spread their settlement as far north as present-day Rindge Avenue, a mile from Harvard Square.All around was “unexplored wilderness — extending over … fragile dwellings its fear-inspiring shades,” wrote historian Josiah Quincy III of the College’s first years. “In the night,” added this Harvard president (1829-1845), “slumbers were broken by the howl of the wild beast, or by the yell and the warwhoop of the savage.” Contemporary feelings and fears were laid bare in “New Englands First Fruits,” whose first page says of Native Americans, “our very bowels yerning within us to see them go downe to Hell by swarms without remedy.” About 30 years after Harvard’s first Commencement came the violent King Philip’s War, in which 12 colonial towns were destroyed and 10 percent of white men of military age were killed, along with untold Native Americans.But just south of the College in 1642 was spread a pleasing footprint of civilization. Cambridge, the first planned town in New England, was a neat grid of streets, curving in one place only because a stream gave Crooked Lane (now Holyoke Street) its name. Near the corner of present-day Winthrop and J.F.K. streets was a wharf for ocean-going ships. They sailed up the tidal Charles River, then glided north along a dredge-deepened creek. Until nearly 1830, timber was off-loaded there from a Harvard-owned forest in Maine, harvested so student rooms could be heated in winter.Harvard sold its interest in the timber ship shortly before another auspicious date in the history of Commencement: 1836, when the college marked its 200th year, and when Harvard first consciously celebrated itself. Before then, finances and the restraining modesty of Puritan tradition made such celebrations unlikely. Consider, for instance, 1736, when Harvard could have celebrated its first hundred years, a numerical moment that today universally prompts remembrance and rejoicing. The College’s earliest historian, Benjamin Peirce, skipped over the date entirely.And new rules of that era were promulgated “for reforming the Extravagancys of Commencements,” a contemporary wrote. Liquor was banned, along with plum cake, boiled and roasted meats, “Pyes of any kind,” and “unsuitable and unreasonable dancings.”By 1836, “dancings” were a joyful fixture at Commencements, and lasted through most of the 20th century. Today, it’s hard to imagine squeezing 20,000 Harvard celebrants onto any dance floor, even to mark a 375th anniversary. Still, they could give dancings a try. Just keep an eye out for wolves.
Banknorth reports record earnings; Net Income Up 8%PORTLAND, Maine Oct. 18, 2004 — Banknorth Group, Inc. (NYSE: BNK) today reported recordquarterly net income of $97.8 million for the third quarter endedSeptember 30, 2004, up 8% from net income of $90.3 million for the thirdquarter a year ago. On a per diluted share basis, net income was 55 centsfor the third quarter of 2004 and 55 cents for the third quarter of 2003.Exclusive of merger and consolidation costs, income was $102.1 million forthe quarter ended September 30, 2004, up 12% from $90.8 million for thequarter ended September 30, 2003. On a per diluted share basis, incomeexclusive of merger and consolidation costs was 58 cents for the quarterended September 30, 2004, up 5.5% from 55 cents for the quarter endedSeptember 30, 2003.For the nine months ended September 30, 2004, net income was up 10% overthe first nine months of last year to $283.9 million from $259.2 million.On a per diluted share basis, net income for the first nine months of 2004increased 4% to $1.65 from $1.59 for the first nine months of 2003.For the nine months ended September 30, 2004, income excluding merger andconsolidation costs was up 11% to $292.0 million from $263.6 million forthe same period a year ago. On a per diluted share basis, income excludingmerger and consolidation costs for the first nine months of 2004 increased5% to $1.70 from $1.62 for the first nine months of 2003.”I am pleased to continue our track record of delivering record quarterlyearnings, said William J. Ryan, Banknorth Chairman, President and ChiefExecutive Officer. It was a good quarter with solid loan and depositgrowth despite only a slight increase in our net interest margin, addedMr. Ryan. The Company also announced today a balance sheet de-leveraging whereby theCompany has sold approximately $1.2 billion of securities and prepaid asimilar amount of borrowings both of which had a duration of approximately3.5 years. The transaction will result in an after-tax charge ofapproximately $52.5 million ($80.8 million pre-tax) in the 4th quarter of2004. We continuously review our balance sheet and given the currentinterest rate environment, the de-leveraging made good economic sense atthis time. said Mr. Ryan. On a pro forma basis, the de-leveragingshould enhance shareholder value by improving the Companys annual netinterest margin by approximately 24 basis points, pre-tax earnings byapproximately $24.5 million, return on assets by approximately 12 basispoints and return on equity by approximately 79 basis points.Inaddition, on a pro forma basis, the de-leveraging will decrease theCompanys securities as a percent of total assets by 3%. The yield on thesecurities portfolio sold was 2.76% while the interest rate on theborrowings paid off was 4.77%. Total loans and leases at September 30,2004 increased by 16% over the levels at September 30, 2003, led byincreases in commercial business loans and leases of 18%, commercial realestate mortgages of 16% and consumer loans and leases of 14%. Exclusiveof acquisitions, total loans and leases increased by 8% which included a14% increase in commercial business loans, a 6% increase in commercialreal estate mortgages and a 10% increase in consumer loans and leases.Total deposits at September 30, 2004 increased by 9% over the levels atSeptember 30, 2003 primarily as a result of increases in noninterestbearing deposits of 23% and retail money market and NOW accounts of 14%and net of a decline in retail certificates of deposit of 6%.Exclusiveof acquisitions, total deposits increased by 0.6% which included a 12%increase in noninterest bearing deposits and a 5% increase in retail moneymarket and NOW accounts, which more than offset an 11% decline in retailcertificates of deposit. The Companys net interest margin during thethree months ended September 30, 2004 was 3.68%, up 5 basis points from3.63% for the quarter ended September 30, 2003 and up slightly from 3.66%for the quarter ended June 30, 2004.The margin did not expandsignificantly due in part to a flattening of the yield curve in the thirdquarter of 2004. Noninterest income for the quarter ended September 30,2004 increased by 3% from the quarter ended September 30, 2003, primarilyas a result of a 26% increase in trust and investment management servicesincome, a 23% increase in both merchant and electronic banking servicesincome and investment planning services income, and a 14% increase ininsurance commissions. These increases in noninterest income werepartially offset by a decline in both net gains on sales of securities of13% and other noninterest income of 30%. For the nine month period endedSeptember 30, 2004, noninterest income declined 5% to $269.2 million from$282.7 million for the same period a year ago, due primarily to declinesin net gains on sales of securities and other noninterest income.Excluding merger and consolidation expenses, noninterest expense for thequarter ended September 30, 2004 increased by 12% from the quarter endedSeptember 30, 2003.Excluding both the impact of acquisitions and mergerand consolidation costs, noninterest expense was up 5% for the thirdquarter of 2004 as compared to the third quarter of 2003. Asset qualityremained sound with total nonperforming assets declining to $68.1 millionat September 30, 2004 from $70.4 million at September 30, 2003.Nonperforming loans as a percentage of total loans and leases declined to.36% at September 30, 2004 from .42% at September 30, 2003. Netcharge-offs amounted to $8.8 million during the third quarter of 2004 andwere essentially flat from the second quarter of 2004. As a percentage ofaverage loans, net chargeoffs declined slightly to 19 basis points duringthe three months ended September 30, 2004. At September 30, 2004, theCompany’s Tier 1 leverage capital ratio was 6.95% and its total risk basedcapital ratio was 11.62% as compared to 6.56% and 11.29%, respectively, atSeptember 30, 2003. Tangible equity to tangible assets at September 30,2004 was 5.89%, up 43 basis points from 5.46% at September 30, 2003.Shareholders’ equity at September 30, 2004 was $3.0 billion, up from $2.5billion at September 30, 2003. At September 30, 2004, the Companys bookvalue per share was $17.50 and its tangible book value per share was $9.34up from $15.32 and $8.32, respectively, at September 30, 2003. AtSeptember 30, 2004, Banknorth Group Inc., headquartered in Portland,Maine, had assets of $29 billion.The pending acquisition of BostonFedBancorp, Inc., expected to close in the first quarter of 2005, isprojected to increase Banknorth’s assets by more than $1.5 billion. TheCompany’s banking subsidiary, Banknorth, N.A., operates banking divisionsin Connecticut (Banknorth Connecticut); Maine (Peoples Heritage Bank);Massachusetts (Banknorth Massachusetts); New Hampshire (Bank of NewHampshire); New York (Evergreen Bank); and Vermont (Banknorth Vermont).The Company and Banknorth, N.A. also operate subsidiaries and divisions ininsurance, money management, merchant services, mortgage banking,government banking and other financial services and offers investmentproducts in association with PrimeVest Financial Services, Inc. TheCompany’s website is at www.banknorth.com(link is external) . OnAugust 26, 2004, Banknorth Group, Inc. and TD Bank Financial Group (NYSEand TSE: TD) announced that they entered into a definitive agreement forTD to acquire 51% of the outstanding shares of Banknorth, subject toreceipt of required regulatory and shareholder approvals and othercustomary conditions.Note: This news release contains financialinformation determined by methods other than in accordance with accountingprinciples generally accepted in the United States of America (GAAP).The Companys management uses these non-GAAP measures in its analysis ofthe Companys performance. These measures typically adjust GAAPperformance measures to exclude the effects of charges and expensesrelated to the consummation of mergers and acquisitions and costs relatedto the integration of merged entities, as well as the amortization ofintangible assets in the case of cash basis performance measures. Thesenon-GAAP measures also may exclude other significant gains or losses thatare unusual in nature, such as security gains and prepayment penalties.Because these items and their impact on the Companys performance aredifficult to predict, management believes that presentations of financialmeasures excluding the impact of these items provide useful supplementalinformation that is essential to a proper understanding of the operatingresults of the Companys core businesses. These disclosures should not beviewed as a substitute for operating results determined in accordance withGAAP, nor are they necessarily comparable to non-GAAP performance measureswhich may be presented by other companies.This news release contains certain forward-looking statements with respectto the financial condition, results of operations and business ofBanknorth. Forward-looking statements are subject to various factors whichcould cause actual results to differ materially from these estimates.These factors include, but are not limited, to, changes in generaleconomic conditions, interest rates, deposit flows, loan demand,competition, legislation or regulation and accounting principles, policiesor guidelines, as well as other economic, competitive, governmental,regulatory and accounting and technological factors affecting Banknorthsoperations. In addition, acquisitions may result in large one-time chargesto income, may not produce revenue enhancements or cost savings at levelsor within time frames originally anticipated and may result in unforeseenintegration difficulties. Investors are encouraged to access Banknorthsperiodic reports filed with the Securities and Exchange Commission forfinancial and business information regarding Banknorth, includinginformation which could affect Banknorths forward-looking statements.CONTACT: Banknorth Group, Inc. Jeffrey Nathanson, 207-761-8517SOURCE: Banknorth Group, Inc.