Coronavirus triggers profit warning spike for financial services businesses

first_imgThe danger for financial services is a knock on effect of struggling businesses not being able to service their debt. (AFP via Getty Images) Non-bank consumer lending is the sector showing the most distress, with all but one of the eight warnings citing covid-19 as the reason for a downgrade in expected profit. “This is helping the industry weather the storm and maintain a strong base of financial stability. However, the signs of stress on some of the UK’s largest firms cannot be ignored. “No sector has been immune, and we are seeing financial services firms issue profit warnings at a rate well above historic precedent, although many are coming from the smaller players. Monday 18 May 2020 10:38 am (AFP via Getty Images) Also Read: Coronavirus triggers profit warning spike for financial services businesses “By and large financial services firms entered this period in a position of capital strength, having significantly built up reserves since the last crisis. The asset management and non-life insurance sectors issued the second-highest number of warnings (six each) in the first four months of this year, followed closely by the banking sector (five). More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden 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.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com980-foot skyscraper sways in China, prompting panic and‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest UK listed financial services businesses have issued more profit warnings this year than in the whole of 2019 as a result of the coronavirus pandemic. whatsapp The retail sector and the industrial materials sectors have also been hit hard with 63 per cent and 61 per cent respectively of firms in those sectors issuing profit warnings. Tom Groom, UK head of financial services transactions at EY, said: “Covid-19 has resulted in health and economic challenges like none we have witnessed before. The impact on households and businesses up and down the country is already profound and may have long term ramifications for some. center_img (AFP via Getty Images) Also Read: Coronavirus triggers profit warning spike for financial services businesses James Booth Coronavirus triggers profit warning spike for financial services businesses The sector has already issued double the number of profit warnings this year than it did in the whole of 2019. Show Comments ▼ “Financial services firms will continue to monitor the level of warnings coming from the sectors that they lend to, invest in and insure, because what is very clear is that even the most diversified portfolios will be impacted.” whatsapp Financial services has not yet suffered as much as sectors such as travel and leisure where 70 per cent of firms issued a profit warning. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyMisterStoryWoman files for divorce after seeing this photoMisterStoryBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For Seniorsbonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USABeach RaiderMom Belly Keeps Growing, Doctor Sees Scan And Calls CopsBeach Raider Share UK-listed financial services firms have issued 31 covid-19 related profit warnings so far this year, according to analysis from EY, representing 17 per cent of the Ftse financial services sector.last_img read more

Big Changes at KCRW: Tom Schnabel and Harry Shearer Off the…

first_imgUncategorizedBig Changes at KCRW: Tom Schnabel and Harry Shearer Off the AirTwo longstanding hosts migrate into the digital realmBy Elina Shatkin – April 15, 2013913ShareEmailFacebookTwitterPinterestReddItSanta Monica radio station KCRW is making some big changes in its lineup.This past Sunday marked the last airing of Tom Schnabel’s world music show, formerly known as Café L.A. The longtime deejay, who started producing radio shows for KCRW 34 years ago, will continuing to oversee the Rhythm Planet blog, which he has been writing for the past couple of years, and host an on-demand music show.In a blog post, Schnabel writes:“On Rhythm Planet, I’ll produce a weekly feature with jazz, world, and Latin music, interviews and live sessions. I’ll be able to mine my archives and present rare interviews with musical heroes and giants. I’ll also appear monthly with Jason on Morning Becomes Eclectic to offer my latest world music recommendations.”Schnabel will be replaced by on Saturday afternoons from 3 to 6 p.m. by Travis Holcombe.The other major change is happening on Sunday mornings at 10 a.m., when the station will replace writer and comedian Harry Shearer’s Le Show with the TED Radio Hour hosted by longtime NPR contributor Guy Raz. Shearer has built a sizable online following, and KCRW will continue to distribute Le Show for syndication and podcast. In one final note, Weekend All Things Considered will also no longer be heard at 5 p.m. on both days. Instead KCRW will air hourly news updates from NPR beginning at noon. Previous articleAfternoon Cram: Westchester’s Public Bucket ListNext articleRaw Pork and Red Cooking at Upper WestElina Shatkinlast_img read more

News / More questions raised over Seaborne’s ability to operate Ramsgate ferries

first_imgID 108847934 © Christine Bird | Seaborne Freight is hoping to have completed its dredging at the port of Ramsgate by the end of the month, but questions still remain overs its capabilities to offer capacity in the event of a no-deal Brexit.A spokesperson for the ferry company told The Loadstar the work, which commenced on 3 January, was expected to bring the port back in line with its original parameters.“We are dredging to approximately 6.5 metres and the method being used involves the silt and sediment leaving on the receding tide and being dispersed at sea,” said the spokesperson.“Completion should be by the end of January, however the process is very weather dependant and that timescale could change.”Once dredging is complete, the port can cater for vessels using three berths, one capable of handling 140-metre vessels, and the others 180-metre vessels.The Loadstar understands Seaborne would initially be looking to operate two vessels, although there is still uncertainty over where it will acquire these.“Schedules will be published in due course. However, each vessel will carry out four crossings daily (two rotations),” said the spokesperson. “We are planning  increase to four vessels in due course.”Both Seaborne, which is leasing the dredger Jetsed, and Thanet District Council, which runs Ramsgate port, have said Seaborne would be picking up the cost of the dredge.Previous charges associated with Jetsed have been around £14,000 a day, meaning the Ramsgate process could cost anywhere up to £500,000.Meanwhile, speculation is mounting over a perceived delay in confirming Seaborne’s vessel chartering and whether this is linked to uncertainty over whether these ships will actually be needed.“It [Seaborne] doesn’t yet know if it has to provide these services, so it cannot go out and charter these vessels until it knows it has a requirement,” said one source from the ship chartering community.The source suggested chartering without such certainty could see Seaborne “go bust like the others” – a reference to other recent attempts to operate services out of Ramsgate.Steve Coombes, chairman of the port of Ramsgate action group – a community organisation comprising more than 1,000 local residents worried about losses at the port – argued that this emphasised the problem surrounding the Department for Transport’s decision to contract with Seaborne.“The DfT is pre-buying tickets in the event of a no-deal Brexit and the need this would create to run services into alternative ports to Dover.“But while DFDS and Brittany [the other two contracted parties] have the capacity to offer such services, Seaborne is pre-buying for non-existent ships.”Furthermore, Seaborne’s spokesperson confirmed, the operator has yet to enter into a formal agreement with Ramsgate, which also raises questions over why it is paying for the dredge.However, the spokesperson sought to play down concerns.“The draft contract is agreed and will be signed at the appropriate time. This is quite normal.” By Alexander Whiteman 08/01/2019last_img read more

Pharmalittle: Walmart leaves CVS networks over pricing; EMA to lose 25 percent of its staff due to relocation

first_img @Pharmalot What is it? GET STARTED Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. By Ed Silverman Jan. 15, 2019 Reprints Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Alex Hogan/STAT Log In | Learn More About the Author Reprintscenter_img STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Pharmalittle: Walmart leaves CVS networks over pricing; EMA to lose 25 percent of its staff due to relocation [email protected] Pharmalot Top of the morning to you, and a fine one it is. A shiny sun is enveloping the Pharmalot campus, where our short people have departed for the local schoolhouse and gainful employment, respectively, and the official mascot is comfortably snoozing in a cozy corner. As for us, we are firing up the coffee kettle to indulge in cups of stimulation; butter pecan is our choice at the moment for those who track this sort of thing. Meanwhile, here are some tidbits to help you on your journey. Hope you conquer the world today and, as always, please do keep in touch …CVS (CVS) says Walmart (WMT) pharmacies are leaving the drugstore networks offered by its pharmacy benefit management unit in a dispute over pricing, The Wall Street Journal writes. The clash will affect people whose employers have drug benefits administered by CVS, as well as Medicaid enrollees with CVS drug coverage. If the split is completed, their plans would not pay for prescriptions filled at Walmart, which is one of the largest retail pharmacy players in the U.S., offering pharmacies in nearly all of its approximately 4,600 stores. Ed Silverman What’s included? Tags drug pricingMedicarepharmaceuticalspharmalittleSTAT+Vaccineslast_img read more

Fire crews respond to Naples rollover crash

first_imgRELATEDTOPICS Advertisement AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments COLLIER COUNTY, Fla. – Fire crews responded to a a rollover crash on Veronawalk Circle near Emilia Lane in Naples Saturday evening. The car flipped on its roof during the crash that happened at 11:10 p.m. Fire crews were scene extricating the driver, according to witnesses. Witnesses said the driver was rushed to the hospital with serious injuries. Fire crews have not confirmed the extent of injuries. No other information was immediately available. Sea turtle caught on camera nesting on Naples beach June 16, 2021 Advertisement Naples soldier facing charges for wife’s murder June 16, 2021center_img AdvertisementTags: naplesrollover crash AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Woman shot outside Naples Waffle House June 16, 2021 Advertisement Study ranks Naples as best beach town in America to live June 16, 2021last_img read more

CONFIRMED: GAA unveil revised inter-county schedule for remainder of 2020

first_img Pinterest Electric Picnic Facebook Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival The GAA have published their inter-county schedule for the remainder of the year.Now, the Laois footballers, Laois hurlers and Laois U-20 hurlers know when their games will take place after everything was halted back in March due to Coronavirus.Competition regulations dealing with venues, promotion/relegation and dates for games have yet to be finalised and will be finalised by the CCCC in the coming weeks.In football, the action will resume on October 17 with the penultimate round of the National Football League.So, Mike Quirke’s men face Westmeath on that day before concluding with Fermanagh the following weekend.There will be no league finals so whoever is top of Division 2 at the end of it will be deemed the winner and the second-placed team will be promoted.The Football Championship will revert back to Provincial Knock-out and New York will not be involved.London will be involved pending travel restrictions while there will also be no qualifiers in 2020 – so lose once and you are out.The Tier 2 competition, known as the Tailteann Cup, will not take place until 2021.Laois will then have a break until the weekend of November 7/8 when they will be out in the Leinster quarter final against either Longford or Louth.The Leinster semi final will be the week after with the Leinster final taking place on November 21 or 22.In hurling, as expected, the Liam MacCarthy Hurling Championship will revert to a straight knock out provincial championship – 2 Round back door with All-Ireland Quarter finals.The draw for that will take place tonight on RTE News.The Leinster quarter final is on the weekend of October 24-25 and the competition continues every weekend after that.Meanwhile, Division 1 Hurling League Quarter, Semi and Finals will not be played – instead Limerick are declared Division 1A champions and Clare Division 1B champions for 2020.The U-20 Hurling championship is to be played concurrently with Senior Hurling Championships; no All Ireland semi-finals; Provincial Champions meet in All Ireland final.Laois are due to face Westmeath in Round 1 of that on October 24/25.In minor, both championships will have to be redrawn next week. They will be played on a straight knock-out basis and will only have All-Ireland semi finals.In hurling, the winners of the Leinster championship will advance straight to the All-Ireland final while the Munster champions will play Galway in a semi final.GAA INTER-COUNTY FIXTURES24/25 OctoberAllianz Football League Round 7Munster SHC 1/4-finalLeinster SHC 1/4 finalChristy Ring and Nickey Rackard 1/4 finalsJoe McDonagh & Lory Meagher Round 131 October/ 1 NovemberConnacht SFC 1/4 finalsMunster SFC 1/4 finalsLeinster SFC Round 1Ulster SFC preliminary round/1/4 finalsMunster SHC semi-finalsLeinster SHC semi-finalsJoe McDonagh & Lory Meagher Round 2Christy Ring & Nickey Rackard semi-finals & relegation semi-finals7/8 NovemberConnacht SFC semi-finalsMunster SFC semi-finalsLeinster SFC 1/4 finalsUlster SFC 1/4 finalsAll-Ireland SHC Qualifier Round 1 (2 games)Joe McDonagh Round 3 (1 Game)Christy Ring & Nickey Rackard Relegation finalsLory Meagher Round 314/15 November Connacht SFC finalLeinster SFC semi-finalsUlster SFC semi-finalLeinster SHC finalMunster SHC finalAll-Ireland SHC Qualifier Round 2 (2 games)Joe McDonagh Round 3 (1 game)Christy Ring, Nickey Rackard & Lory Meagher finals21/22 NovemberLeinster SFC finalJoe McDonagh Round 4All-Ireland SHC quarter-finals (2 games)Munster SFC finalUlster SFC finalBord Gáis Energy All-Ireland U20 SHC final28/29 NovemberAll-Ireland SHC semi-final (Leinster champion v 1/4 final winner)Joe McDonagh Round 5All-Ireland SHC semi-final (Munster champions v 1/4 final winner)All-Ireland MFC semi-finalsAll-Ireland MHC semi-finals5/6 DecemberAll-Ireland SFC semi-final (Leinster champion v Ulster champion)All-Ireland SFC semi-final (Connacht champion v Munster champion)All-Ireland MFC finalAll-Ireland MHC final13 DecemberAll-Ireland SHC finalJoe McDonagh final19 DecemberAll-Ireland SFC final TAGSLaois senior footballersLaois senior hurlers Previous articleLaois man raises €3,500 for Spinal Injuries IrelandNext articleCoronavirus: Three new deaths and 11 new cases as study shows Laois continuing to perform well Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. Twitter Twitter News Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role CONFIRMED: GAA unveil revised inter-county schedule for remainder of 2020 Pinterest Electric Picnic organisers release statement following confirmation of new festival date Home Sport GAA CONFIRMED: GAA unveil revised inter-county schedule for remainder of 2020 SportGAA WhatsApp By Alan Hartnett – 26th June 2020 WhatsApp RELATED ARTICLESMORE FROM AUTHOR Facebook Electric Picnic last_img read more

JOB VACANCY: Farm worker wanted in Rathdowney/Cullohill area

first_img Electric Picnic RELATED ARTICLESMORE FROM AUTHOR Home Jobs JOB VACANCY: Farm worker wanted in Rathdowney/Cullohill area Jobs Twitter Facebook JOB VACANCY: Farm worker wanted in Rathdowney/Cullohill area Mary Sweeney elected Cathaoirleach of Portlaoise Municipal District for next 12 months Electric Picnic apply to Laois County Council for new date for this year’s festival Person wanted for part-time or full-time work on a mixed beef-tillage farm in the Rathdowney/Cullohill area.Preferred candidate must be comfortable working farm machinery and working with cattle.To ApplyContact 086 8428194 for further information. Phone calls only no texts. SEE ALSO – Check out the dedicated jobs section on LaoisToday WhatsApp TAGSCullohillRathdowney Pinterest Previous articleCall for entries to the third annual Laois-Offaly Garda Youth AwardsNext article€12.6m allocated for maintenance and renewal of road network in Laois LaoisToday Reporter WhatsApp By LaoisToday Reporter – 15th February 2021 Electric Picnic Electric Picnic organisers release statement following confirmation of new festival date Facebook Pinterest Council Twitterlast_img read more

New government service launched to support quarantine compliance

first_imgNew government service launched to support quarantine compliance The government has launched a service to carry out further visits on people who have a duty to quarantine following international travel.It is still illegal to holiday overseas and those entering the country following international travel must quarantine for a period of 10 days at a managed quarantine site or the address listed on their passenger locator form. Compliance is critical to reduce the risk of Variants of Concern entering the UK.Those quarantining at home may be visited by staff employed on behalf of the NHS Test and Trace service. These checks will be in addition to those already carried out by police officers, who make up to 1,000 home visits per day.NHS Test and Trace staff will not have any enforcement powers, however, a referral will be made to the police if NHS Test and Trace staff have a reason to believe that an individual may be breaching quarantine rules. Officers will consider enforcement action following further investigation.Individuals who fail to comply could be issued with a fixed penalty notice, starting at £1,000 and increasing up to £10,000 for repeat offences. Mitie was awarded the contract to carry out the NHS Test and Trace visits following a government procurement exercise.These checks are in addition to the work by the Isolation Assurance and Compliance Service to contact everyone returning from non-red list countries that are staying in England and Northern Ireland.People are called in order to check their status and to provide advice on the need to self-isolate and what to do if they are experiencing symptoms. They are also given information about taking tests on day 2 and day 8 of their self-isolation period. These calls are made repeatedly, alongside text messages where necessary. Any concerns can then be escalated to decide whether further checks are needed.Those returning from “red list” countries must continue to stay in a managed quarantine site.Last week, the government has set out a framework to chart the safe return of international travel, which could resume from 17 May at the earliest. This will see a traffic light system categorise countries based on risk alongside the restrictions required for travel. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:exercise, Government, Holiday, investigation, Ireland, isolation, penalty, police, quarantine, travel, UK, UK Governmentlast_img read more

Trey Knight sets national hammer record, named state Athlete of the Year

first_imgTrey Knight sets national hammer record, named state Athlete of the YearPosted by Paul ValenciaDate: Monday, June 29, 2020in: Sportsshare 0 Ridgefield standout makes his mark in hammer throw and also earns recognition from GatoradeIt’s been quite the last few days for Trey Knight of Ridgefield.Knight set a national high school record in the hammer throw on Saturday, and on Monday he was named Washington’s boys track and field boys Player of the Year by Gatorade. Trey Knight of Ridgefield set another record over the weekend. He is the nation’s best high schooler in the hammer throw. Shown here with a discus back in March, Knight also was named the Gatorade’s state boys Athlete of the Year in track and field. Photo by Mike SchultzTrey Knight of Ridgefield set another record over the weekend. He is the nation’s best high schooler in the hammer throw. Shown here with a discus back in March, Knight also was named the Gatorade’s state boys Athlete of the Year in track and field. Photo by Mike SchultzKnight recorded a hammer throw of 261 feet, 7 inches at a throwers meet at Concordia University in Portland on Saturday, breaking a four-year record for high school athletes. Knight just graduated from Ridgefield High School. He will be throwing for the University of Southern California starting next academic year.And on Monday, Knight was announced the state Athlete of the Year for boys track and field for the third consecutive year.Knight had the best weight throw in the nation during the indoor season of his senior season. Due to the state’s shutdown of schools due to the pandemic, there was no outdoor spring season. Based on his indoor accomplishment over the winter, and his past excellence in the outdoor seasons, including last summer, Knight was given the nod by Gatorade.“Trey’s personal record and statistics have not changed since last year, but I can tell you they would have,” Ridgefield track and field coach Gregg Ford told Gatorade, referring to the spring season. “Trey did not skip a beat in his preparation, and there is no doubt he would have improved across the board.”Gatorade also takes into account academics and character. Knight has a 3.65 grade-point average and volunteers his time at Daybreak Youth Services and as a track and field coach for youth.In his three seasons of high school track and field, Knight won two state titles in the discus, including a meet record last year, and two state titles in shot put. He finished second in both events as a freshman.In college, he will specialize in the hammer throw.“It’s harder to be good at multiple things,” Knight told Clark County Today in March. “Disc and shot for me are not my best. If I went to college for that, I really wouldn’t do that well. But the hammer, I’m pretty good at that. That’s what I want to do. It’s my favorite event. That’s definitely where my future is. If I want to go to the Olympics, that’s what it will be in.”And over the weekend, he let the American hammer throw community know he is ready for that challenge. Note: Here is Gatorade’s full press release on Trey Knight: is placeholder textTags:Clark CountyLatestRidgefieldshare 0 Previous : Eileen Quiring says she will not honor request for her to resign as county chair Next : VIDEO: Sheriff and community participate in parade in support of law enforcementAdvertisementThis is placeholder textlast_img read more

Avero Announces New Reputation and Social Media Management Tools

first_imgLinkedin AdvertisementNEW YORK, NY – December 15, 2016 — Avero announced today the acquisition of winery social media and reputation management software VinTank. Considered “Mission Control for Customer Conversations”, VinTank formerly powered over 1,200 wineries, while processing and analyzing 1 billion social media conversations annually. To rebuild this new and exciting software, Avero has assembled a team of social media veterans led by VinTank’s Paul Mabray, Matt Franklin, and Robert Ford, who will all join the Avero family.The VinTank software will be rebranded as AveroBuzz. AveroBuzz will be a revolutionary new way for hospitality companies to manage and engage with customers by:Consolidating their reputation management for customer review sites like Yelp, TripAdvisor, Twitter, Facebook, and much more into a single dashboard.Delivering incredibly powerful tools to manage their social media marketing.Enabling them to deliver better service for each guest with the most advanced social CRM tool for the hospitality industry.“Our customers look to us to help expand their marketing capabilities, and with the growth of social media and the importance of reputation management in the hospitality industry, this was a natural addition to the Avero family,” said Avero President and CFO Douglas Hsieh.Avero will launch the first version of the new AveroBuzz software within the next 30-60 days, and will start by servicing wineries and select restaurants. AveroBuzz 2.0 is expected to be released in 4-6 months, and will include a swath of new features specific to restaurants and hotels.“Joining the Avero team to build AveroBuzz is an amazing continuation of our vision to transform customer experiences using digital context,” said Paul Mabray, formerly Chief Strategy Officer at VinTank. “We are so excited to become part of the Avero family and bring these new features beyond wine.”About AveroCreated by restaurant operators for restaurant operators, Avero is the trusted technology partner for the hospitality industry. We empower over 35,000 restaurant professionals with the answers they need to transform their businesses and their lives, getting them out of the back office and into the kitchen with their staff, onto the floor with their guests, and at home with their families. Learn more at Facebook Home Industry News Releases Avero Announces New Reputation and Social Media Management ToolsIndustry News ReleasesWine BusinessAvero Announces New Reputation and Social Media Management ToolsBy Press Release – December 15, 2016 63 0 Email Previous articleFresno State Petrucci’s Crush Released in Honor of Department FounderNext article3 Adult Beverage Trends to Expect in 2017 Press Release Twitter Pinterest ReddIt Share TAGSAveroAveroBuzzfeaturedvintank last_img read more