Wave of interest in city centre

first_imgProminent retailers agree leasesIN what is viewed by the business community as a major boost for the city centre, it has emerged that two prominent retailers are about to set up base in prime locations….and other units have changed hands.Edinburgh Woollen Mills and Allens Homeware of Kilkenny, have agreed leases for two unoccupied premises, on Bedford Row and William Street.Sign up for the weekly Limerick Post newsletter Sign Up Twitter NewsLocal NewsWave of interest in city centreBy admin – February 17, 2011 571 Print And in another development, an Italian restaurant is to open at the recently vacated Luigi Malones, on O’Connell Street.Meanwhile, a large tiling retailer from Galway has taken a unit in the CityEast Business Park, on the Tipperary Road.And when contacted, Rooney Auctioneers told the Limerick Post that they are locked in negotiations with a major retailer who has identified O’Connell Street as a possible location.Allens of Kilkenny, have leased the former Sasha shop on William Street.Edinburgh Woollen Mills will become the first tenants at the 18,000sq/ft redevelopment at the former Grand Central Cinema site on Bedford Row.Spokesperson, Steve Simpson, said that the store would created 8-10 jobs, when it opens in the coming weeks.“We saw Limerick as a fantastic city to spread our wings.“A lot of city centres have died, but we believe in bringing people back into them.“The surroundings of the original church on the site have a great synergy with our product”.When asked to comment on the commercial property market, Pat Kearney of Rooney Auctioneers, confirmed that there had been a definite upswing in activity in retail in recent months.“We’ve had great success in letting premises in Mungret Street and Denmark Street, and indeed, across the city”.President of Limerick Chamber, Kieran McSweeney, told the Limerick Post:“These are encouraging signs and give a vote of confidence to the city centre.“It’s a reflection of the lower cost base, reduced rent and reduced operating costs”.  However, he believes that many improvements can still be made to attract more retail.“Rates remain too high and could be reduced further… this is a national problem not a local problem, and should be a major election issue.“The city centre is still missing that elusive major anchor tenant which could be an attraction to other businesses”.CaptionThe building on Bedford Row that will be occupied by Edinburgh Woollen Mills Advertisement Linkedin Facebook Email Previous articleRed light for removal of Dock Rd. roundaboutNext articleBusy Busy Busy Munster admin WhatsApplast_img read more

Apple on cusp of $2 trillion milestone, defying pandemic

first_imgChina and the future Can Apple maintain its juggernaut pace of growth in the current environment? Some analysts think so, pointing to the need for replacement smartphones and 5G upgrades.Daniel Ives at Wedbush Securities says Apple “has a ‘once in a decade’ opportunity over the next 12 to 18 months as we estimate roughly 350 million of Cupertino’s 950 million iPhones worldwide are in the window of an upgrade opportunity.”But Apple faces risks from heightened tensions with China, since it not only manufactures iPhones and other products there, but also relies on that market for a large chunk of sales, Greengart noted.”Apple’s biggest risk point is that they are so concentrated in China,” Greengart said.With the Trump administration threatening to ban Chinese-owned TikTok and WeChat, Apple may face headwinds, the analyst said.”If Apple can’t offer WeChat, it will be difficult to sell iPhones in China, since that’s almost like a second operating system,” Greengart said.Any retaliation against Washington by Beijing could cause troubles for the iPhone maker, he noted.On the other hand, Greengart noted that Apple may have leverage because of its extensive Chinese operations, which employ hundreds of thousands of people, mainly through subcontractors.”It would be hard for China to put Apple out of business without causing massive unemployment,” he said. If it reaches $2 trillion, Apple would be the only company other than Saudi Aramco to hit the milestone.Even as other large tech firms have shot higher on robust demand during lockdowns, Apple has outpaced its rivals by delivering strong sales of gadgetry including wearables and tablets, along with new apps and services which have gained ground during the global health crisis.”Apple has been wildly successful in building out its platforms, mitigating the fact that iPhone sales had peaked, by building products that surround it and services that enhance it,” said Avi Greengart, analyst with the consultancy Techsponential.”It all feeds back into the cycle for Apple.” Apple at home The quarter showed a modest rise in smartphone revenue, buoyed by the new entry-level iPhone SE, and robust increases in sales of iPads and Mac computers, in demand for remote education and work-from-home buyers.Services made up more than one-fifth of Apple revenue as it expanded its offerings in music, digital payments, streaming television and boosted income from its App Store. Apple has also extended its lead in the smartwatch market amid growing interest in health and fitness applications.”Apple entered the pandemic strong and the company’s products are an even more foundational part our lives today as we work, live, and play from home,” said Gene Munster of Loup Ventures in a research note.Goldman Sachs analyst Rod Hall said markets appeared surprised by Apple’s strong results and noted that “consumers and institutions are clearly spending even more than we had anticipated to support both work from home and study from home.” In the past quarter ending in June, Apple reported profits rose eight percent to $11.2 billion and revenues jumped 11 percent to $59.7 billion. Apple is on the verge of becoming the first $2 trillion American company following a gravity-defying surge that has highlighted the value of its iPhone ecosystem during the global pandemic.Shares in Apple have roughly doubled from March lows, an astonishing performance which has lifted chief executive Tim Cook’s net worth to $1 billion for the first time, according to a Bloomberg Billionaires Index calculation.A dip in Apple shares left its market value at around $1.87 trillion Tuesday, ahead of Big Tech peers Amazon and Microsoft (both at $1.54 trillion) and Google parent Alphabet ($1.0 trillion). Steady tiller A major factor in Apple’s success has been leadership from Cook, who took over just ahead of the death of Steve Jobs in 2011.”He didn’t invent anything, but what he has done is keep a firm hand on the tiller, steering the ship and keeping the culture intact,” said analyst Laura Martin at Needham & Company.”He deserves a lot of credit for making the most out of Steve Jobs’s inventions.”Cook was not one of Apple’s founders and his salary, by Silicon Valley standards, was a relatively modest $3 million in 2019, along with a bonus of $7.6 million. But the value of his stock grants has pushed him into the club of billionaires for the first time, according to Bloomberg.Cook “deserves a tremendous amount of credit because Steve Jobs was a hard act to follow,” Greengart said.”Many companies started by singular individuals falter when those founders leave or pass on. But Apple has taken the foundation that Steve Jobs built and built on it extensively without losing the soul of what makes Apple Apple.” Topics :last_img read more

City make most of Mignolet mishap

first_img Press Association Manuel Pellegrini’s side made it an impressive nine out of nine – with 37 goals scored – to move into second place behind Arsenal as the Reds slipped to fourth after a 2-1 defeat. However, had Raheem Sterling’s effort not been wrongly ruled out for offside before either side had scored – and goalkeeper Simon Mignolet not made a hash of Alvaro Negredo’s winner – Brendan Rodgers’ side could well have got much more out of this game. Kompany’s header wide from a corner gave Liverpool a warning which they later failed to heed as City continued to probe and press. By the time Negredo fired wide Suarez had already aimed a low free-kick straight at Joe Hart as the tide started to turn. Sterling’s diagonal run from the right had already been picked out once by Suarez without success but when the Uruguay international found the youngster again and he did not make the same mistake, going around Hart to score into an empty net. Play was brought back by an offside flag but television replays showed Sterling was at least two yards behind the last defender when he was played through. The same pair combined for the opening goal in the 24th minute when Suarez’s ball over the top was destined for Sterling only for Coutinho to come in from the left and score from a narrow angle. City’s response was instantaneous as Yaya Toure went past three defenders with one turn only to be denied by the outstretched leg of Martin Skrtel. The Slovakia defender has been singled out recently as the weak link at defensive set-pieces and while he was busy trying to grapple with Kompany the City captain had eyes only for David Silva’s corner and glanced a header past Mignolet. With City now holding the upper hand again Liverpool fire them a warning after a brilliant move via Suarez and Sterling saw Coutinho forced Hart into a smart save. But City often catch opponents napping on the counter-attack and so it proved on the stroke of half-time when Mignolet failed to deal with Negredo’s shot with outside of his left foot from Navas’ through ball as the visitors were cut wide open. Negredo tried a similar effort early in the second half but this time the goalkeeper was better positioned. The attacks continued at both ends with Sterling coming the closest with 17 minutes remaining when he diverted Suarez’s inviting cross over from seven yards. Late on Suarez appealed for a penalty with Lescott pulling at his shirt but as Skrtel had spent most of the match doing that to Kompany there was almost an argument for it being the same for both sides. As it was they contributed much to an enthralling match which was billed as a test of their title credentials. That may still be something of a distant dream, considering Rodgers was forced to name 19-year-old reserve team defender Brad Smith in his squad for the first time, but it did plenty to suggest their top-four challenge is alive and well. City, of course, remain favourites for the title and their home form will be a major factor in achieving that but for all their goals what was just as impressive about this performance was the way Kompany and Joleon Lescott kept the Premier League’s top scorer Luis Suarez on a tight leash in terms of chances. Philippe Coutinho’s opener sparked the home side into life and after Kompany had equalised from a corner Negredo’s 14th goal of the season ultimately clinched another three points. No team have scored more at home in the Premier League than City this season while Liverpool were the top flight’s top scorers on the road so the signs were good and the first half did not disappoint as both sides attacked each other freely. City had the better of the first and last 15 minutes with their visitors enjoying the middle third. The home side set out trying to exploit the weakness on Liverpool’s left where Aly Cissokho, the unconvincing on-loan Valencia defender, was making his first appearance since November 9 because of makeshift left-back Jon Flanagan’s hamstring injury. Jesus Navas almost made that pay when his looping header hit the outside of the post after he nipped in front of the Frenchman to meet a left-wing cross. Manchester City retained their imperious 100 per cent home record as they denied Liverpool the chance to regain top spot in the Barclays Premier League in an entertaining encounter at the Etihad Stadium.last_img read more

Fantasy Injury Updates: Dalvin Cook shoulder issue affects Alexander Mattison, Mike Boone, Week 16 waiver pickups

first_imgDalvin Cook left Sunday’s game after injuring his left shoulder. It’s the same shoulder he hurt in Week 13 against Seattle that held him out of about half of that game, and again, he missed the remainder of last Sunday’s game after going down in pain. Cook played the next week after originally aggravating the injury in Week 13, but heading into Week 16 Cook’s status will be in doubt with fantasy championships on the line, creating potential sleepers and waiver wire opportunities with Vikings handcuffs Mike Boone and Alexander Mattison.For injury updates on banged-up RBs Jordan Howard, Kerryon Johnson, and Damien Williams, click here; for news on ailing WRs DJ Chark, Mike Evans, and JuJu Smith-Schuster, go here; for more on injured TEs Evan Engram, Greg Olsen, and Gerald Everett, go here; for updates on Chris Godwin, go here. For more fantasy news, follow us on Twitter @SN_Fantasy. WEEK 16 NON-PPR RANKINGS:Quarterback | Running back | Wide receiver | Tight end | D/ST | KickerDalvin Cook injury updateThe Vikings are obviously in the thick of things playoff-wise, so they’ll want to play Cook if he’s available. But if there’s risk of him hurting his shoulder again, which has now seemingly happened three times over the course of the season (and twice in the span of three weeks). Last time we were told it was just a “pain management thing” for Cook, but the pain seemed to be worse this time around.MORE WEEK 16: Waiver pickups | FAAB planning | Stock watch | Snap counts | Fantasy playoff tips(Update: Mike Zimmer told reporters that Cook’s shoulder “feels good today” and answered that he could play through the injury.)WEEK 16 PPR RANKINGS: Running back | Wide receiver | Tight end Minnesota head coach Mike Zimmer told reporters after Sunday’s game that Cook didn’t sustain the same type of injury to his shoulder in Week 15 as he did in Week 13. He didn’t let on what Cook’s recovery timeline might be.MORE WEEK 16: Top waiver pickupsWho is the Vikings handcuff RB? Mike Boone, Alexander Mattison worth waiver pickupsApparently, Cook just has a wonky left shoulder. That brings into play his backups for a Week 16 Monday night matchup with the Packers’ shaky run defense. Alexander Mattison (ankle) missed Week 15 – if he makes it back, he’d be the favorite to get carries and would be a fantasy starter. If Mattison and Cook are both out, it will be Mike Boone leading the offense in carries after he toted the ball 13 times for 56 yards and two scores in Week 15. Mattison and/or Boone should be priority waiver adds this week, especially for Cook owners, and whichever Vikings back gets the start against Green Bay is an RB2 for fantasy purposes.last_img read more