Monday 18 October 2010 8:18 pm Tags: NULL Northeast Utilities will buy rival NStar in a $4.17bn (£2.63bn) all-stock deal to create a utility that will provide power and gas to more than half of the customers in New England, the companies said yesterday.The firms said the increase in scale would allow them to better shoulder their investment plans, and would also be beneficial to the company’s shareholders. “Bigger is better” for the two companies, NStar chief executive Thomas May said. “The deal allows both of our shareholders to enjoy higher earnings and dividend growth than if we were alone.”The deal calls for the exchange of 1.312 common shares of Northeast Utilities for each NStar share. That translates to around $40.28 for each NStar share, a roughly two per cent premium on its pre-approach price. Show Comments ▼ whatsapp KCS-content Share Read This NextThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap whatsapp Northeast Utilities will buy rival Nstar for $4.2bn in all-stock deal
Subscribe to the iGaming newsletter Regions: Europe Finance 11th July 2018 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The Stars Group believes it now has a sports offering to match its poker after completing its $4.7bn acquisition of Sky Betting & Gaming.PokerStars’ owner first agreed a deal to buy Sky Bet and its various brands from owners CVC Capital Partners and media giant Sky PLC in April. It says it is now “the world’s largest publicly listed online gaming company”.The Stars Group said the deal “dramatically improves The Stars Group’s revenue diversity, creating a balanced spread across poker, casino and sportsbook with a broad geographic reach.”Sky Bet is already one of the UK’s leading betting operators. Last year its revenues soared by 38% to £516m (€585m/$685m), with customers increasing by 31% to 2.6 million. Profit before tax grew by 38 per cent to £146m in the period up to June 30, compared to £105m in 2016. Its surge continued in the first half of this year, with H1 revenue up 58% to £210m. “This acquisition represents a pivotal moment in The Stars Group’s evolution,” said CEO Rafi Ashkenazi (pictured) in a statement.The Stars Group explained that the deal allows it to develop sports betting “as a second customer acquisition channel”. As well as complementing its core poker offerings it will create an opportunity to cross-sell players across multiple verticals.The Stars Group’s position is also likely to be strengthened by the incorporation of Sky Bet’s technological expertise, including its sportsbook, casino offerings and portfolio of mobile apps.Ashkenazi added: “SBG’s mobile-focused sportsbook pairs well with our industry-leading poker offering to create two premier customer acquisition channels.“We believe this combination along with our combined online casino offerings positions The Stars Group for continued growth in the evolving online gaming industry.”The Sky Bet acquisition is seen as another strategic move in enhancing The Stars Group’s global profile and broadening its offerings. The completion comes just months after it also became the majority shareholder in Australia’s CrownBet Holdings and subsequently purchased William Hill Australia, the country’s third biggest betting operator. Topics: Finance Sports betting The Stars Group eyes sports win after Sky Bet deal closes The Stars Group has boosted its sports offering by completing the $4.7bn deal Email Address
Topics: Casino & games Finance Bingo Tags: Online Gambling JPJ Group has cited growth within its Vera&John arm as the main reason behind an 8% year-on-year increase in overall revenue during the third quarter, despite revenue falling in its core Jackpotjoy business. Gaming revenue hit £77.8m (€89.4m/$100.9m) in the three months to the end of September at the online bingo-led operator, up from £71.8m in the same period last year. This growth comes despite revenue in the Jackpotjoy business slipping 3% year-on-year from £53.5m to £52.1m. JPJ put this down to a decline in its Mandalay brands and the closure of some high value accounts in response to responsible gambling measures. JPJ Group executive chairman Neil Goulden (pictured) said he only expects these issues to be affect revenue for Jackpotjoy in the short-term. “We expect that the impact of closed accounts will begin to annualise during H2 2019 and, provided there are no further regulatory challenges, the Jackpotjoy segment will return to revenue growth thereafter,” Goulden explained. However, this drop was offset by strong growth in the Vera&John segment, with revenue up 41% on a constant currency basis to £52.7m, increasing its share of the overall revenue at JPJ to 33%. Goulden said: “The Vera&John segment is once again the stand-out, with year-on-year revenue growth of 41% on a constant currency basis. The growth at Vera&John highlights our strategy of international diversification, with 44% of Group revenue generated outside the UK in Q3.” During the quarter, JPJ also agreed a deal to sell its social gaming business to South Korean studio Bagelcode for £18m. The company said this will allow it to focus exclusively on real-money gaming. As part of this effort, JPJ plans to bring various operational functions currently outsourced to Gamesys – the business from which it acquired Jackpotjoy and other brands – in-house. In addition, JPJ is opting against extending its non-compete agreement signed with Gamesys following the acquisition. JPJ acknowledged while this will leave Gamesys free to consider launching new brands in the UK, Spain and Sweden, it does not believe that this “represents a significant incremental competitive threat given JPJ Group’s strong, market-leading position in these geographies”. Elsewhere, JPJ said costs fell marginally in Q3 to £65.1m – with a decline in administrative expenses offset by increased distribution costs – while adjusted EBITDA was up 13% year-on-year to £28.8m, mainly due to “strong earnings growth” at Vera&John. In addition, JPJ reported a post-tax profit of £7.3m for the quarter, compared to a net loss of £8.2m in the corresponding period last year.Regulus analysts also offered their view on the results, noting the Gamesys move in particular. They said that on one hand it can be seen as a “high-risk strategy”, given how much more “dynamic Gamesys has been than JPJ in key markets”. However, Regulus also said: “Given that the non-compete largely revolves around bingo and this is only one means of generating the slot-led customers that are the mainstay for both JPJ and Gamesys, we doubt that the change will amount to much commercially.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter 14th November 2018 | By contenteditor Bingo Vera&John boosts JPJ as core Jackpotjoy business stalls Gaming revenue up 8% year-on-year to £77.8m Email Address
Forget the gold price! Here’s why I still prefer stocks over gold Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” Unless you’ve been living in a cave the past few weeks, I doubt you’d have missed the stock market sell-off we’ve seen. One of the most interesting statistics I’ve read regarding the global market sell-off came from the US, where the number of days it took for the stock market to lose 10% in value was just five, an all-time record.In tandem with the move out of stocks, there have been large inflows into gold, either physically or via a financial instrument. The bottom line is that gold is currently trading at $1,660 per ounce, up over 7% in the past month. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The move has been correlated with the stock market, mostly due to the economic theory that suggests during times of uncertainty, investors prefer to hold safe-haven assets like gold and sell risker ones like stocks and oil.Despite this, there are still several reasons why I still prefer to buy stocks over gold.DividendsThe biggest difference between gold and stocks is that most companies within the FTSE 100 index will pay you a dividend over the course of the year. Currently, the FTSE 100 average dividend yield is 4.91%, although you can find ones higher than this (some good examples are looked at here). Gold doesn’t pay any dividends, or indeed any interest at all for holding it. Therefore, if you invested in both a dividend-paying stock and gold and neither priced moved over a year, you would have picked up income via the dividend, making the stock a better choice.In the uncertain environment that we’re in, I think if you buy either of the two you will be holding it for a while due to the volatility we’re seeing at the moment. As this is the case, the income stream via dividend-paying stocks is much more preferable in my opinion.Cheap vs expensiveAnother point investors like myself need to take into account is that gold is currently very expensive on a historical basis, whereas UK stocks via the FTSE 100 have seen a correction, making the valuations more neutral. Some are saying stocks are outright cheap, and you can make a convincing argument around this.However cheap you believe stocks look at the moment, as an asset class they’re nowhere near as expensive as gold. This leads me even further towards wanting to buy stocks. Buying something that’s already expensive isn’t a big strategy of mine, as likely most of the move higher has already happened and we could see a consolidation or even a correction lower. I can’t make the claim that the gold price will quickly fall and that stocks will rally fast from here, as we may continue to see some investors act out of fear and push the price of gold even higher. But for a longer-term investor with a horizon of several years, this cheap vs expensive issue should at some point return to fair value vs fair value. On that front, stocks win every time for me. Our 6 ‘Best Buys Now’ Shares See all posts by Jonathan Smith Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Jonathan Smith and The Motley Fool UK have no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images. Enter Your Email Address Jonathan Smith | Friday, 6th March, 2020 Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.
Enter Your Email Address Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Andy Ross Andy Ross | Tuesday, 12th January, 2021 | More on: AV IMB Click here to claim your free copy of this special investing report now! Image source: Getty Images. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Andy Ross owns shares in Legal & General, Merchants Trust and Scottish Investment Trust. The Motley Fool UK has recommended Imperial Brands. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares 5 Stocks For Trying To Build Wealth After 50 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. 2 shares I’d buy for a passive income portfolio Investing for passive income seems to me to be a smart approach for long-term investors. By holding shares that will likely pay out a steady stream of dividends, there’s less need to constantly make the right calls. After all, that’s something most investors, even professionals, struggle to do. The majority of investors can’t consistently time purchases correctly, which is what makes trading so hard.Instead, if I buy dividend-paying shares I can benefit from compounding and, over time, from a growing passive income. This is one of the ways for me to achieve financial independence.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Passive income share no 1Aviva (LSE: AV), according to stockbroker AJ Bell, is the eighth highest-yielding stock in the FTSE 100 this year. What I like most about it though is that the yield of 6.9% will be covered 2.28x by earnings and the payout ratio is 44%.That makes the dividend very sustainable. For context, rival Legal & General is anticipated to have lower cover (1.56x) and a higher payout ratio (64%). While these numbers aren’t necessarily problematic, they show Aviva’s dividend should, all things being equal, have more scope to grow.The new CEO at Aviva is taking steps to make the business leaner, something that previous CEOs were unable to do. Investors seem happy about the developments. The strategy will also leave Aviva focused on the UK, Ireland and Canada.Tesco under previous boss Dave Lewis executed well on a similar strategy, as have Aviva’s peers in the insurance sector. It makes me think the Aviva share price and yield could head upwards. That makes it potentially a very good share for passive income.Another share with a high dividend yieldImperial Brands (LSE: IMB) won’t make it into many portfolios on ethical and sustainability grounds because of its core product. But if I didn’t mind investing in tobacco, it does have a dependable dividend that makes it good for passive income.The cigarette producer has a forecast dividend yield of 9.3% for this year. That payout to shareholders is covered 1.85x, which is fairly good, and the payout ratio is 54%. So there are no alarm bells about the sustainability of the dividend there. It has higher cover and a lower payout ratio than its competitor British American Tobacco.Demand for tobacco is holding up — as Imperial Brands’ latest sales figures show — which, along with cost-cutting, should underpin earnings for a long time to come. Like Aviva, a combination of a current cheap valuation and high dividend yield make Imperial Brands a potential addition to my passive income portfolio.Investment trusts with quarterly dividendsBut my passive income portfolio wouldn’t only contain individual shares. Many investment trusts pay quarterly dividends and could work well in a balanced portfolio. I particularly like Scottish Investment Trust, which is a value/contrarian investor and holds a lot of gold-mining companies. Another one I hold is Merchants Trust, which is high-yielding and holds many FTSE 100 companies, meaning that if the UK stock market bounces back, it should benefit massively. Simply click below to discover how you can take advantage of this.
Wrecking Ball: Hamish Watson simply could not be tackled by the Welsh (Getty Images) Expand Hamish Watson – The Human Wrecking BallScotland may have narrowly lost to the Welsh in Murrayfield today, but there is one reason to be positive north of the English border. Returning from injury, Hamish Watson proved to be at his wrecking-ball best making the Welsh miss over and over again.Watson made a huge impact from the bench, making two storming runs right into opposition territory in a match that Wales won 18-11.The stats below illuminate just how huge Watson was; LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS What Is A Grand Slam? Don’t forget to follow Rugby World on Facebook, Twitter and Instagram for all the latest rugby news. The final score was 18-11 and now the Welsh only have to bear Ireland in the final round of matches to secure Warren Gatland a third Grand Slam during his tenure as Wales coach. Collapse What Trophies Do You Get For Winning A Grand Slam? Social media of course responded with the usual humour with many tweeting out a picture of Miley Cyrus performing in her song ‘Wrecking Ball’ as you can see below. Wales won a Grand Slam last year, but… The greatest honour a team can achieve in… What Trophies Do You Get For Winning A Grand Slam? Hamish Watson pic.twitter.com/FmKzn80vjy— angela (@paperlovestory) March 9, 2019John Barclay commented; “Coaches want impact from the bench- that’s the whole point of replacements. What an outrageous ball-carry from Hamish Watson. He’s a human wrecking ball.”Unfortunately the Welsh proved too strong for the Scots despite the men in blue dominating possession in the second half. The Welsh defence ultimately proved resolute with Alun Wyn Jones quick to praise defence coach Shaun Edwards.Jones said; “I don’t know who was talking about Grand Slams but Scotland did a job on us in 2017 and they almost did it again in the second half. We started well but we definitely didn’t win that second period. We couldn’t get the ball back and gave them easy penalties and we just didn’t get out. Shaun Edwards (defence coach) earned his wage this week in the way we defended. We feel like we are improving game by game but it was more of a defensive performance today. We will make sure we enjoy each other’s company tonight and then we start again when we go back to Cardiff.” He may have only come on as a substitute, but Watson proved he was at his wrecking-ball best against Wales WATCH: Rieko Ioane Scores Four Against Sunwolves WATCH: Rieko Ioane Scores Four Against Sunwolves What Is A Grand Slam? Expand Against the Sunwolves the young All Black cleaned…
Projects CopyHousing, Adaptive Reuse, Residential•Beijing, China Housing Miniature Beijing: the Conversion of No. 28 Dayuan Hu Tong / Atelier Li XinggangSave this projectSaveMiniature Beijing: the Conversion of No. 28 Dayuan Hu Tong / Atelier Li XinggangSave this picture!© Shengliang Su+ 38Curated by 韩爽 – HAN Shuang Share Miniature Beijing: the Conversion of No. 28 Dayuan Hu Tong / Atelier Li Xinggang Area: 214 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/901323/miniature-beijing-the-conversion-of-no-28-dayuan-hu-tong-atelier-li-xinggang Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/901323/miniature-beijing-the-conversion-of-no-28-dayuan-hu-tong-atelier-li-xinggang Clipboard ArchDaily Year: Architects: Atelier Li Xinggang Area Area of this architecture project Photographs: Shengliang SuSave this picture!© Shengliang SuRecommended ProductsWindowsSolarluxSliding Window – CeroMetallicsTECU®Copper Surface – Classic CoatedEnclosures / Double Skin FacadesAlucoilStructural Honeycomb Panels – LarcoreDoorsSky-FrameInsulated Sliding Doors – Sky-Frame ArcText description provided by the architects. The conversion of No. 28 Dayuan Hu Tong, titled ‘Miniature Beijing’, which is an Atelier Li Xinggang’s recent project completed in 2017, is located in the old city area of Beijing.Save this picture!© Shengliang SuA common courtyard house of 262sqm is transformed into five apartments with self-contained courtyards, as well as a public space that host café and tea house.Save this picture!Courtesy of Atelier Li XinggangTurning from the noisy urban commercial streets into the peaceful and leisurely Hu Tong district, then through the outside main Hu Tong to a semi-external ally way and a further smaller lane, separate paths lead to the north and south courtyard apartments of different size and configurations.Save this picture!© Shengliang SuSeveral linear concrete structural / spacial units form the elemental spacial formation within the entire courtyard complex. Each contains a courtyard that is varied in size and shape.Save this picture!© Shengliang SuThe main living room of each apartment is spacious and bright, benefits from the view of the garden.Save this picture!© Shengliang SuTravelling further south along the main ally way, passing the café and tea house, visitors reach the small public garden at the rear and arrive at the platform of the pavilion elevated above the courtyard via a set of concrete steps on the side.Save this picture!© Shengliang SuWith the setting sun as the backdrop, the profound scenery composed of stacked roofs in the old city, ancient trees, flying pigeons and the new city high-rises in the distance bring visitors into much contemplation.Save this picture!© Shengliang SuThis small experimental project is a design practice that combined old urban renewal, courtyard renovation and ideal home.Save this picture!© Shengliang SuSave this picture!© Shengliang SuBased on the study of traditional Beijing’s complex urban structure, and with the understanding and utilizing of its extended and densified structure, the crowded courtyard house was transformed to collective small courtyard dwellings by the method of fractal densification.Save this picture!Courtesy of Atelier Li XinggangThe layout of “house-garden” and “public unit” fit in the structure of contemporary society, turning the courtyard house into a “miniature community”. Save this picture!© Shengliang SuThe technical design of minimum sized dwelling serves the spiritual build of “house-garden harmonization”, and bringing the experience of daily poetic and urban scenery into “ideal living environment” by space narration.Save this picture!© Shengliang SuThe individual case responds to the “three problems” of Beijing’s old urban renewal, and investigates the possibility of it extending into wider ranges of communities and urban space, and recovering the “self-generating opportunity” of Beijing’s old urban.Save this picture!© Shengliang SuProject gallerySee allShow lessHouse Renovation and Extension in Peseux / Graber & Petter Architectes SàrlSelected ProjectsBalcony House / Takeshi Hosaka ArchitectsSelected ProjectsProject locationAddress:Xicheng District, Beijing, ChinaLocation to be used only as a reference. It could indicate city/country but not exact address. Share “COPY” Photographs 2017 China CopyAbout this officeAtelier Li XinggangOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingRefurbishmentAdaptive reuseBuildingsResidentialBeijingChinaPublished on September 26, 2018Cite: “Miniature Beijing: the Conversion of No. 28 Dayuan Hu Tong / Atelier Li Xinggang” 26 Sep 2018. ArchDaily. Accessed 11 Jun 2021.
Advertisement About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Transform Foundation offers £18,000 grants to redevelop charity websites AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis28 Tagged with: Charity Web Design Charity Website grants Technology 236 total views, 1 views today Melanie May | 30 January 2017 | News The Transform Foundation has launched the 2017 funding round of its Website Grant Programme, which provides grants of £18,000 to charities to fund the redevelopment of their website.Each £18,000 grant covers strategy, design and development and covers all upfront costs.The 2017 funding round follows 2016’s pilot round. The grant is principally aimed at charities with annual incomes between £500k and £30m, although the Foundation is also inviting smaller charities with ambitious plans for digital to apply. Larger charities will also be considered for specific project or fundraising sites.Any type of non-profit organisation is eligible, with successful applicants in the past including causes such as community development, disability, education, theatre, mental health, hospices, national heritage, volunteering, family, children & youth, addiction, homelessness, international aid, and arts.Transform Foundation is working with partner Raising IT to deliver the websites. Information on how to apply is on the Transform Foundation website. 237 total views, 2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis28
Email A STATUE of a Limerick man who made a fortune while owning slaves in the US city of Baltimore has been taken down, following protests that it celebrates a slaver.County Limerick native Captain John O’Donnell had a statue erected in his honour in the Canton area of Baltimore, Maryland, on a site where he kept enslaved people to run his plantation and household.A mariner and merchant, he was one of the first white men to establish trade with China. His plantation, known as The Canton Estate, which was named after the city of Canton in China, became a hub of industry and, in more recent times, the fashionable waterfront neighbourhood known as Canton.Sign up for the weekly Limerick Post newsletter Sign Up The statue was removed by city authorities on April 5 following a petition and letters from local anti-racism groups.According to Norman G. Rukert’s “Historic Canton,” Captain John O’Donnell was born in 1749. In his youth, O’Donnell “ran away to sea and found himself in India, amassing a sizeable fortune before he was thirty.”As an employee of the British East India Company, O’Donnell lived in India for 16 years.In 1786, O’Donnell purchased 11 acres of land in Baltimore, which eventually grew to more than 1,900 acres. O’Donnell named his plantation Canton, which is what English speakers at the time called the Chinese port city of Guangzhou.Records show that he kept 36 enslaved people on his plantation.O’Donnell had seven children with his wife Sarah Chew Elliott. It is believed only one, Elliot, returned to his father’s native Ireland to study at Trinity College Dublin.Captain John O’Donnell died in October 1805; at the time, he was one of the wealthiest men in the US.In 1980, the Canton Improvement Association installed the statue in O’Donnell Square Park. An inscription marker at the site described O’Donnell as “a man of great vision and accomplishment.”In November 2020, the Canton Anti-Racism Alliance, with the support of the Canton Community Association and other members of the community, issued a letter to then Mayor Bernard C. “Jack” Young calling for the immediate removal of the 41-year-old statue.The letter said in part: “Captain John O’Donnell founded Canton as a plantation in 1786. A statue in his honour was erected in O’Donnell Square Park in 1980. Public records have confirmed that Captain O’Donnell was an enslaver.“Slavery is morally reprehensible and we, as a community, categorically reject monuments to enslavers.”The letter also referenced an October 2020 article in the Baltimore Sun written by John Linwood of The Linwood Project who stated: “As a Black homeowner living in Southeast Baltimore, the presence of John O’Donnell’s statue at Canton Square is more offensive to me than any statue of Christopher Columbus.”Linwood noted how the statue was placed on the same grounds where Captain O’Donnell kept more than 30 enslaved Africans who tended to his livestock and crops, kept his house, and served as waitstaff.Linwood wrote: “Such nods to the shames of our past have no place in our city and must go if we wish to seek real healing and atonement for our past, and cultivate a Baltimore that welcomes everyone everywhere.”An online petition was also circulated through the Change.org website that amassed more than 800 signatures over a six month period.On April 5, the statue was removed, a move that was welcomed by the current Mayor of Baltimore Brandon Scott, who said the statue was a “hostile vestige to the notorious enslaver Captain John O’Donnell.” Linkedin NewsStatue of County Limerick slave owner is removed from US cityBy Bernie English – April 16, 2021 1293 Twitter WhatsApp Print Advertisement Facebook Previous articleWATCH: Conor Murray describes his incredible career thus farNext articleMartens retrial could hinge on the evidence of Corbett children Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news.
WhatsApp By Digital AIM Web Support – February 9, 2021 Pinterest Facebook Twitter Renowned international conductor, David Danzmayr, joins the Oregon Symphony as music director. L’Oregon Symphony nomme David Danzmayr en qualité de nouveau directeur musical Local NewsBusiness Facebook WhatsApp Previous articleBobrovsky shines as Panthers edge Red Wings 2-1Next articleMLB opens harassment hotline after Porter, Callaway scandals Digital AIM Web Support Pinterest TAGS Twitter