Obsidian Energy: A New Name For A New Era

Shareholders of the old Penn West have made it clear that they would like a name to change in the company. The proposed name as determined by the board of directors will be Obsidian Energy. This is something that sounds a little better for the new era of business that we all find ourselves in.

 

The company has been undertaking a number of actions to help it get its feet under itself again. In other words, they have been working diligently to make sure that they are able to reshape the company to make it more sustainable for the future. Even though this does mean shrinking down the business in the near future, that is an acceptable outcome for ensuring that the long-term sustainable growth is possible for them.

 

Obsidian has several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. However, the new Obsidian Energy has sold off a number of assets that it used to hold in order to reduce its debt load. That debt was as high as $3 billion dollars in 2014, but now it has shrunk down to a much more manageable $384 million in March of 2017. That is something that can help the company use future inflows of cash for its own growth and sustainable future.

 

The number of employees working for the company has been shrunken down to increase the chances of sustainability in the future as well. These types of actions are frequently necessary when there is some call for restructuring in the air. A company has to make the choice to either do some trimming of its costs, or they have to face the reality that they will not be a viable business in the future. The choices really are as stark as that.  See This Article for more information.

 

We are all lucky to have a company with smart people at the helm of it making those tough choices. At least in this case, it does appear that the new Obsidian Energy will be making the right calls to protect the shareholder value that does still exist in the company. That is not something that all brands have the courage to do. We do know that this brand is at least going to make every effort to stick around.

 

More on: http://calgaryherald.com/business/energy/restructured-penn-west-proposes-name-change-to-obsidian-energy

US Money Reserve and Austin Charity Help Harvey Victims

US Money Reserve and the Austin Disaster Relief Network have partnered to raise $219,622 for victims of Hurricane Harvey. US Money Reserve, a precious metal distributor based in Texas matched the September donations to the YouCaring page of the Austin Disaster Relief Network’s Hurricane Harvey Relief Fund.

 

US Money Reserve, a More Than Decade Old Precious Metal Distributor

 

Us Money Reserve has offices in Houston, Austin, and Beaumont, Texas and has been in existence for more than a decade. It is one of the largest distributors of U.S. government-issued coins in the United States and has served more than 400,000 people. Over the years clients of the company have been able to make choose appropriate metals that are of the highest quality for their portfolio.

 

Over the years the company has helped clients make the wisest decisions possible about silver, gold, and platinum. US Money Reserve was founded by gold market veterans who the importance of giving the best advice on precious metals and providing high quality customer service.

 

Company Wanted to Help Texans

 

Angela Koch, CEO of US Money Reserve explained in an article on prnewswire.com (that the hurricane could have affected her or anyone who works for her company, adding that Harvey “hit close to home, and our hearts go out to all our employees, customers, family and strangers affected by the disaster.”

 

She added that she knows rebuilding will take a tremendous effort and a lot of money, but it is the company’s “patriotic duty” to help their Texas neighbors. She called the Austin Disaster Relief Network an “amazing organization,” and said she was proud to help it assist Hurricane Harvey victims.

 

Money raised has gone directly to victims in the Texas Gulf Coast Region.

 

Daniel Geraci, Executive Director of Austin Disaster Relief Network, was thankful for the help of US Money Reserve and other businesses. He said “many lives” will be affected by the “generous donation.”

 

Hurricane Harvey was a Category 4 hurricane, and flooding from it forced 39,000 people from their homes into shelters, according to the article. It hit hit Texas on August 25, 2017. The hurricane struck the land are three times in six days, and the storm moved slowly enough that two feet of rain fell in the first 24 hours. One third of Houston was underwater at Harvey’s peak on September 1st. According to the Washington Post, at least 82 people died in Hurricane Harvey.

Todd Lumbar, President of TDL Global Ventures

Todd Lumbar stated in a recent interview that even he has had doubts about his capabilities in the world of real estate, but that he did not allow those doubts to stop him from reaching his goals. He advises anyone starting out in a new career to never give up. That hard work and persistence is a key to accomplishing your goals.

Mr. Lumbar also mentioned that he has trouble sometimes deciding between quality family time and taking a business trip. Both are important and everyone has to find the time for everything. Personally he likes to use a Fitbit to help keep him on track and motivate him through the day.

His passion and motivation is helping people. Todd Lubar strives to help the people that are ready to own a home or business, by giving the financial backing they need and anything else he can to see them succeed. The real estate business is thriving and Mr. Lumbar believe it will continue to thrive as long as there are still those who are not afraid to take that first step, and know that there are companies like his out there to help them. For more details visit Medium.

Todd Lubar has been in the real estate business for 20 years and still loving it. President of TDL Global Ventures and Senior Vice President of Legendary Investments, he also owns several business in more than just the real estate industry. He owns businesses in recycling, the demolition industry and the nightclub industry. With Legendary Properties being one of his businesses, which he opened in 2002. You can visit angel.co to see more.

Before all of this he majored in Speech Communication at Syracuse University. That major proved to be a asset when entering into his career choice. Check out Crunchbase for more.

Now he lives happily in California with his family and looks forward to continuing to help people.

Reverse Showrooming Techniques Pave The Way For Fabletics And Kate Hudson’s Success

The Online retail industry has changed the way the people of the world are conducting their shopping and led to Amazon becoming one of the dominant forces in the fashion clothing sector. The arrival of Fabletics in the fashion retail sector has been followed by a dedicated plan to build on the initial success of the athletics wear company which has been one of the first to dent the success of Amazon in the Online retail industry; TechStyle founders, Adam Goldenberg and Don Ressler believe they have been among the first to find a way of avoiding the issue of “showrooming” many companies have used as the reason for closing down their physical locations.

 

Just what is showrooming? Many retailers now state their stores are full and clothing tried on by potential customers who find the size and style to suit before returning home to order for a cheaper price Online. Fabletics may have built its success on the creation of an Online subscription-only retail outlet which uses complex algorithms to determine which clothing suits the lifestyle of the individual through a quiz each person should complete to get their own individualized clothing options from the Fabletics brand. “Reverse showrooming” has been a major source of the success of Fabletics in a technique the company believes has made major changes to the level of success it has seen in recent years.

 

Many Online retailers have sought out the pop-up store as the top way of bringing success to their brand but Fabletics has established a number of physical locations across the U.S. to allow customers the chance to explore the entire range of clothing available to them from the brand. Members can use their privileges from their monthly range of clothing sent to them to choose the clothing in the physical store and update the options sent to them from a brand using technology to seek out the best options for looking good while staying active.

 

Kate Hudson may be best-known for her success as an actress but she is now becoming almost as famous for her role as the leading brand ambassador and founding partner of Fabletics. Kate Hudson admits her learning curve as a business person has been steep but she has become go-to for customers to explore the range of options open to them in new clothing and customer service with the aid of the award-winning actress.

Black Friday week is still going strong! Shop the sale in stores and online. (Link in bio)

A photo posted by @fabletics on

Luiz Carlos Trabuco Cappi’s Tenure Runs Out As CEO Of Bradesco

Recently, Bradesco, the largest bank in Brazil, announced that its CEO, Luiz Carlos Trabuco Cappi, would soon be stepping down from his duties in that role. The move comes amid other major changes at the bank. Longtime chairman of the board Lazaro Brandao has announced that he, too, will be stepping down from his role. Brandao will be permanently leaving the business world.

Trabuco Cappi has been continuing as CEO based on special waivers

At 67 years old, Trabuco Cappi has already exceeding the statutorily maximum age of being CEO by two years. He has been operating on special waivers that were issue directly from Brandao himself. This has occurred as a result of the finalization of the HSBC acquisition, which took place back in 2015 and involved the total acquisition by Bradesco of all of HSBC Brazil’s assets. Trabuco Cappi had a level of knowledge and understanding of the deal that no one else could match. As a result, he was permitted to stay on as CEO while all of the loose ends from the deal were tied.

But now, he will be moving to the role of chairman, replacing the longest-serving chairperson in the country and, possibly, in the world. At 92 years old, Brandao has been with the firm for over 75 years, making him easily one of the most experienced bankers in the country and a difficult person to replace.

But Trabuco Cappi has also been described as someone with an encyclopedic knowledge of the Brazilian financial industry. Like Brandao, Trabuco Cappi has enjoyed an extremely long career with the bank, working continuously there since the end of the 1960s. In a career spanning more than 45 years, Trabuco Cappi has learned nearly everything there is to know about running a large financial institution.

Read more on valor.com.br

Over his tenure at Bradesco, Trabuco Cappi has been in charge of some of the most important departments in the bank, radically expanding the bank’s business and improving the efficiency and effectiveness of its business models.

One of the most important moments of Trabuco Cappi’s career was the 2015 acquisition of HSBC Brazil. The deal was hugely complex, involving an entire legal team and hundreds of people working around the clock on performing due diligence for months. Because of the extreme complexity of the acquisition, Trabuco Cappi was permitted to stay on as CEO longer than anyone else in Bradesco’s history. It was feared that if a new CEO were appointed before the complete integration of HSBC Brazil and all of its assets were completed that the person in charge may end up bungling the integration process due to a lack of first-hand knowledge. For this reason, Trabuco Cappi was allowed to stay on as CEO for two entire years after he otherwise would have been forced to retire.

But now he will be assuming the role of chairman, a position that almost everyone close to the process agrees he will be capable of administering with great effectiveness. In the meantime, he will be in charge of appointing his successor, a process that Trabuco Cappi has said is very important. He has made it clear that he will take his time in deliberating on choosing the next CEO, although he only has until March of 2018 to do so.

Throughout his career, Trabuco Cappi has demonstrated a strong vision and able leadership. He has turned struggling business units into profitable ones and was the single person responsible for likely saving Bradesco from becoming insolvent, with the HSBC acquisition in 2015 according to jusbrasil.com.br. For this reason, it is a good bet that he will prove to be an able chairman.

Learn more about Luiz Carlos Trabuco Cappi: https://www.terra.com.br/economia/trabuco-assumira-presidencia-do-conselho-do-bradesco-banco-nomeara-novo-chefe-executivo-em-marco,9fb1d7fe927d7f26678a7543f82f02edw3u6oihm.html

Talk Fusion Connects People

If you find that you are not going to be in the same area as the family you love, you may think you will have a different kind of relationship. The good news is that you don’t have to. All you need is something different to communicate with. That is where Talk Fusion can help.

 

What is Talk Fusion?

Talk Fusion is a great company that allows people to talk to each other as though they were in the same area having a conversation. The app works on phones as well as tablets and computers. It allows you to have a video chat with the people that you love as well as create and send video emails and other things you may want to use to communicate with.

 

Who Needs Talk Fusion?

Anyone that has family not in the same home can use Talk Fusion. You can communicate while celebrating Holidays as well as just to connect to family you may not have seen or are seeing at that moment. The video part allows you to see the home and feel as though you are in the same area as they are. You can even do tours of the home you now have. Learn more: https://www.businessforhome.org/2016/07/talk-fusion-classified-as-triple-a-opportunity/

 

Learning

One of the best things about Talk Fusion is they have an online area where you can learn all the ins and outs of their software. This can help you to connect better to the people you love the most.

 

There are a lot of things to think about when you are looking at getting a great service that will allow you to talk to your family as though they are in the same area. Talk Fusion can help you to stay connected to the people you love most and feel as though they are in the same area you are. Get Talk Fusion and try it out for yourself to see what they can do for you.

 

The Many Sides of Dick and Betsy DeVos

While many people were surprised when President Donald Trump named Betsy DeVos as Secretary of Education, those living in Grand Rapids, Michigan, knew that the DeVos’ had long supported parents having a right to decide where their children would attend classes regardless of income level. Dick and Betsy had worked tirelessly in a failed attempt to bring free-choice to their state, and they have been instrumental in seeing it adopted in other locations.

 

Both Dick and Betsy DeVos were born into money. He is the son of the man who founded Amway while she is the daughter of Edgar Prince who was the founder of a company who made sun visors and other interior parts for various car manufacturers. While Dick attended public schools, Betsy attended Holland Christian Academy. The couple both attended private colleges. After having children, the couple’s children attended Grand Rapids Christian Academy.

 

Invited to a visit at Potter’s House, they discovered that children of all economic levels could benefit from a private education. The couple has used the Betsy and Dick DeVos Family Foundation to support this school for a number of years. They have also been instrumental in funding a school at the Grand Rapids Airport. They also support another school similar to Potter’s House in New York City.

 

The former candidate for Michigan governor is also credited with making the state a right-to-work state overthrowing the power of unions in his state. Additionally, the couple have taken an active role in revitalizing downtown Grand Rapids. They are instrumental in ArtPrize that covers 19 blocks of the downtown area with artists every fall. They are also instrumental in the construction of a new civic center, a children’s hospital and many businesses.

 

The couple says that they have tried to use their wealth to influence others around them based on their Christian values passed on to them by their parents. Forbes Magazine has cited them numerous times as one of the most giving families in America. The couple hopes to pass those traits down to their own children, but also through the funding of school choice to children around the United States.

 

For updates, follow Dick DeVos on Facebook.

Great Work of Gregory James Aziz at National Steel Car

Gregory James Aziz is the sitting president of the National Steel Car Company. The company was started long ago, and it has experience of more than 100 years. The main products that the company produce are the railroad’s products. Greg has put in place a proper strategy of the National Steel Car that marks the level of quality of the products that are being produced in the company. Furthermore, there is a team of well-trained experts who are dealing with matters of marketing of the company’s products.

 

This move has helped the company maintain the same level of marketing tempo as compared to the rival firms in the market. Since Gregory James Aziz acquired the company in the year 1994, it has passed through various stages of transformation through his leadership. Gregory Aziz believes in the spirit of teamwork, and this has made him diversify most of the duties that are considered to be technical to the company.

 

National Steel Car has opened different branches in various regions with the intention of reaching to as many clients as possible. All the departments that have been opened in Europe and America are managed centrally at the central office which is located in Hamilton. The company has stretched its limits also to prove that they are working within the set and the required standards. This has been marked by the certification of the ISO. National Steel Car is at the moment entirely recognized as ISO 9001:2008 certified. Through the dedication of the staff of the National Steel Car, the company has received quite some accolades for the past ten years. The primary mission of the organization is to provide products to their clients that meet the required standards and remain an excellent company in the market. Click Here for additional information

 

Gregory acquired its skills of leadership while he was still young. He was taking part in assisting the family business and later rose to the management position. At this point, his achievement was seen when Greg expanded the local export to the international scheme. He started his studies in his home country and later at the Ridley College in Canada. Greg pursued economics as his career course and the University of Western Ontario. Aziz then practiced his skills in business at the age of 22 when he assisted in the family business. Additionally. He has worked at the top position of many banks in the city of New York.

Gregory James Aziz is an excellent businessman with pragmatic skills and has contributed much to the growth of the National Steel Car Company.

National Steel Car: A Look at the Company’s Early Beginnings

The National Steel Car is considered as one of the most successful companies in Canada today. However, the company faced many challenges in the past, and they have experienced being on the brink of declaring bankruptcy. Gregory James Aziz is the current owner of the company, and he also serves as the president, chairman, and CEO. Gregory J Aziz is renowned as the person behind the present success of the company, and people believed that without his kind of leadership, the National Steel Car would have never been able to save itself from becoming bankrupt. The brilliant ideas of Gregory James Aziz made the National Steel Car a competitive and successful manufacturing company today.

 

Back in 1912, a group of wealthy individuals who are living in the city of Hamilton, Ontario saw how the Canadian Government is exerting their effort in finishing the Trans-Canadian Railway. This massive network of railroads would connect the eastern portion of the country to its western territories. The government is spending millions of dollars to finish the gargantuan project, and this group of wealthy individuals in Hamilton is thinking about how they could benefit from the project. One day, the group met and discussed their suggestions and recommendations, and one of them shared a brilliant idea – he suggested that they establish a company that would manufacture rolling stocks, or train cars, because the government would need them to transport goods, services, and people. All of the members who are present in the discussion agreed to the suggestion, and the National Steel Car was born.

 

During the early 1920s, the National Steel Car is considered as one of the most successful rolling stock manufacturers in the country. The 1920s decade is also considered as the National Steel Car’s golden age, because during this time period, the company is able to sell a huge number of rolling stocks. Their orders are sky high, and many rail transport companies and freight movement companies wanted to get their own rolling stock. The National Steel Car even received orders from the Canadian Government, and the company’s profit reached an all-time high. Find More Additional Here.

 

However, everything changed when the world experienced a massive economic breakdown. Many businesses in North America closed down, but miraculously, the National Steel Car is not one of them. They continued to exist, creating different types of products aside from rolling stocks. Today, the National Steel Car discontinued the production of non-rolling stock products, and under the supervision of Gregory James Aziz, the company is experiencing a second golden age.

View Source: https://www.bloomberg.com/research/stocks/private/person.asp?personId=39124620&privcapId=35787198

Jeff Yastin’s In-depth Knowledge of Investments within and without the United States

      Jeff Yastin is a business professional who can be described as having graduated from the basics of stock trading. Jeff uses his lifelong career’s knowledge to help investors and prospective candidates make wise decisions on assets. He is a regular writer on two publications on Banyan Hill – Winning Investor and Sovereign Investor Daily. He focuses his daily efforts on studying stock markets to identify promising packages.

Jeff Yastin’s writings are not limited to the United States, as he has a keen eye for studying the business markets of overseas nations. In the wake of the dotcom era, Jeff Yastin was certain that a negative wave would sweep through America’s real estate business. He offered invaluable tips to investors looking to salvage their assets and increase their returns in a tough season. In 2005, Jeff was active in highlighting the economic changes arising from the newly launched industrial plants in Panama Canal. He maintained the same sharp business intuition in the 2010 Deepwater Horizon Oil Spill.

Jeff Yastin’s works have received limelight from major awarding platforms such as the Business Emmy Awards platform. In 2007, he received an honor as a nominee for the reporting on the limited finances that go into improving America’s infrastructure. In 2002, he won a journalism awards along with his team for their work in analyzing the national bond market.

Jeff Yastin is aware of the conditions surrounding the stock market, including threats such as cyber-attacks. Lately, he featured a piece on his blog detailing the most recent attacks on clients. One attack in a restaurant resulted in the theft of multiple credit card details after the internet underwent a 28-hour malfunction.

Jeff Yastin also weighed in on what it could take to cease cybersecurity attacks. He explained his point by stating that some international banks such as Barclays have begun using biometric identification systems in tiers. These include typing in the password, eye identification and face recognition features. In case the user forgets one of the required entries, such as typing a pin, the system can pick up on his behavioral pattern to establish the authenticity of his persona. An example would be how the person holds the mouse, how fast they type the text and the bodily rhythms. Jeff Yastin aims to offer substantial information in helping candidates select fruitful investments in bio-pharmacy, agriculture and retail. He values business relationships and has associations with moguls such as Warren Buffet and Sir Richard Branson.