Significant Archives - Zxcoachoutlet

Sharks sink significant money into re-signing Kevin Labanc

October 10, 2020

Last off-season, Kevin Labanc did the Sharks a real solid by signing a one-year, $1 million contract. This time around, Labanc can take more than just bank puns to the bank, as the Sharks signed him to a four-year extension.

The Sharks didn’t confirm the financial details, but The Athletic’s Pierre LeBrun reports that the deal carries a robust $4.75 million cap hit.

As you can see, the Sharks signed LaBanc to a contract that follows the pattern of back-loaded deals trying to account for COVID uncertainty.

Kevin Labanc contract structure:

Year 1, $3.2M ($1.7M salary plus $1.5M SB)
Year 2, $3.95M ($2.95M salary plus $1M SB)
Year 3, $5.875M salary
Year 4, $5.875M salary

Again, AAV is $4.725M

— Pierre LeBrun (@PierreVLeBrun) October 10, 2020

Sharks sign Kevin Labanc to big four-year extension

Judging from the reactions, Sharks fans and media aren’t impressed by this contract. After adding

SEC Reports 700 Enforcement Actions in Fiscal 2020, ‘Significant’ During Telework Period | Investing News

October 8, 2020

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WASHINGTON (Reuters) – The head of the U.S. Securities and Exchange Commission (SEC) said on Thursday that the agency has brought 700 enforcement actions in the 2020 fiscal year, a ‘significant’ amount after March 15.

In a virtual address kicking off “SEC Speaks 2020,” an annual SEC enforcement conference put on in conjunction with the Practicing Law Institute, Jay Clayton said the agency had also obtained financial remedies of more than $4 billion, up from a year prior.

The SEC has also reviewed disclosures of more than 10,700 funds–including more than 1,200 new funds–in 2020, an increase of 7% over last year, Clayton added.

“While the pandemic significantly impacted how we do our work, it did not negatively impact the work itself,” Clayton said.

“At the same time, we added to our work load,” the top market’s watchdog added in reference to the agency’s extended telework period that began https://www.reuters.com/article/us-health-coronavirus-sec/u-s-sec-staff-stay-home-after-employee-treated-for-coronavirus-symptoms-idUSKBN20X2FW

Nigeria’s Insurance Market Offers Significant Potential Despite Headwinds

October 5, 2020

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Nigeria’s substantial oil and gas reserves, its young and growing population and its position as Africa’s largest economy continue to point to significant development potential for its insurance sector. However, Nigeria has failed to deliver on that potential historically due in part to the volatility of growth in the country’s real gross domestic product (GDP), coupled with the sporadic enforcement of mandatory retail insurance lines.

In a new Best’s Market Segment Report, “Nigeria’s Insurance Market Offers Significant Potential Despite Headwinds”, AM Best notes that, due to the COVID-19-driven economic slowdown, the insurance market regulator (National Insurance Commission [NAICOM]) has agreed to further delay its revised plans to strengthen market capitalisation and limit the volume of premium flowing out of the country.

NAICOM has now opted for a staggered approach that requires partial recapitalisation by December 2020, with market participants obliged to meet the full requirements by September 2021. AM

EU, UK to step up Brexit talks to try to close ‘significant gaps’ over trade deal

October 4, 2020

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By Sarah Young, William James

LONDON (Reuters) – British Prime Minister Boris Johnson and the head of the EU’s executive, Ursula von der Leyen, agreed in a phone call on Saturday to step up Brexit talks to close “significant gaps” barring a new trade partnership.

FILE PHOTO: Britain’s Prime Minister Boris Johnson speaks outside Downing Street after recovering from the coronavirus disease (COVID-19), London, Britain, April 27, 2020. REUTERS/John Sibley/File Photo

The two sides have said this week’s round of negotiations aimed at getting a new, post-Brexit trade agreement from 2021 made some progress but not yielded a breakthrough.

The EU says a deal must be sealed by the end of the month – or in the first days of November at the very latest – to leave enough time for ratification in the bloc by the end of the year.

Johnson and von der Leyen discussed the next steps

Western Sierra Resource Corp Announces the Acquisition of Significant Additional Resource Assets

September 27, 2020

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STEAMBOAT SPRINGS, Colo., Sept. 08, 2020 (GLOBE NEWSWIRE) — Western Sierra Resource Corp (OTC: WSRC) (“WSRC” or the “Company”) is a resource company with a 113-year history of natural resource asset acquisition, development, conservation, and monetization. The Company presently owns valuable water assets in Northern Colorado. In keeping with WSRC’s goal of becoming a broad-based resource company, the Company has acquired additional natural resource assets, and is under contract to immediately purchase revenue-producing proprietary conservation technologies which demonstrate the Company’s commitment to responsibly utilize, while also conserving, natural resources to the benefit of the Company’s shareholders. WSRC will be announcing these acquisitions over the coming weeks and months as they are completed.

The recent upward pressure on the value of precious metals as a hedge against global currency fluctuation and devaluation has prompted WSRC to acquire 100% ownership of LWH, LLC (CO), the owner of a substantial precious

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