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    Sensex sheds 144 points in early trade

    - December 16, 2014 by Mr HomeBuilder

    Mumbai, Dec 16:

    The Sensex and the Nifty plunged nearly 1.3 per cent on sustained selling by funds and retail investors owing to weak global cues.

    Domestic sentiment was dampened as crude oil prices sank to fresh multi-year lows and the rupee breached the 63-level mark to trade at 63.47 against the dollar on heavy dollar demand and fresh capital outflows.

    At 11.45 a.m., the 30-share BSE index Sensex was trading down by 361.98 points at 26,957.58 and the 50-share NSE index Nifty fell 110.95 points to trade at 8,108.65.

    Sectoral indices

    Barring IT and TECk, all other BSE sectoral indices were trading significantly in the red. Among them, metal index fell the most by 3.00 per cent, followed by realty 2.87 per cent, consumer durables 2.56 per cent and banking 2.15 per cent, while IT index was up 1.46 per cent and TECk 0.94 per cent.

    Gainers, losers

    TCS (2.34%), BHEL (1.19%), Infosys (0.78%) and Wipro (0.58%) were the only four Sensex gainers, while the top five losers were Hindalco (6.13%), SSLT (5.04%), ICICI Bank (3.52%), Dr Reddy's (3.05%) and ONGC (3.00%).

    Early trade

    The markets fell soon after the morning bell, dragged down by auto, metal and banking stocks. The Sensex tumbled 273.05 points, or 1 per cent, to 27,046.51. The gauge had lost 511.54 points in the previous three sessions. Similarly, the Nifty declined by 64 points, or 0.78 per cent, to 8,155.60.

    Originally posted here:
    Sensex sheds 144 points in early trade

    London Markets: FTSE 100 sheds gains as oil, mining stocks drop

    - December 16, 2014 by Mr HomeBuilder

    LONDON (MarketWatch) The U.K.s benchmark stock index erased an earlier gain and finished sharply lower Monday, with oil shares pulling back and mining companies falling further.

    The FTSE 100 UKX, -1.87% closed down 1.9% at 6,182.72, its sixth consecutive loss and lowest close since June 2013, according to FactSet data.

    An earlier rise for the benchmark was supported by gains among oil and gas shares as oil prices had been turning positive. But those moves fell apart, with West Texas Intermediate crude-oil futures CLF5, -0.70% falling below $57 a barrel. Brent crude futures LCOF5, -0.82% returned below $62 a barrel.

    There was an element of misplaced optimism in early trade as (Brent Crude) oil found some buyers at $60/bbl this helped to lead indices higher with many falsely caught long on what was essentially some profit taking on last weeks sell off, offered Brenda Kelly, chief market strategist at IG, in emailed comments.

    Among oil majors, BP PLC BP., -3.22% fell 3.2% and Royal Dutch Shell PLC RDSB, -2.09% lost 2.1%.

    After ranking at the top of the FTSE 100 earlier Monday, Tullow Oil PLC TLW, -2.31% shares fell 2.3% and BG Group PLC BG., -2.92% gave up 2.9%, with the shares suffering in recent sessions as oil prices have tumbled to five-year lows due to oversupply concerns.

    The oil and gas group last week dropped more than 3%.

    The London benchmark also turned lower along with the broader European market on Monday, with Russian stocks and the ruble sliding further against the U.S. dollar. Russias central bank said Monday it expects a deeper economic contraction if oil prices stay at the $60-a-barrel level.

    Miners BHP Billiton PLC BLT, -3.70% BHP, -2.23% BHP, -3.21% and Rio Tinto PLC RIO, -2.46% RIO, -2.58% RIO, -1.59% came under further pressure as the session wore on, down by 3.7% and 2.5%, respectively. BHP was downgraded at RBC Capital Markets to underperform from sector-perform.

    Separately, Australia on Monday projected iron-ore prices will trade around $60 a metric ton, much lower than its previous estimate of $92 a metric ton.

    View post:
    London Markets: FTSE 100 sheds gains as oil, mining stocks drop

    Sewer lines: Extending them solves problems, but creates others

    - December 16, 2014 by Mr HomeBuilder

    Theres an upside and a downside to extending sewer lines.

    The potential benefits of sewer line extensions wastewater problems solved for good, septic system pumping and repairs relegated to history, property values increased brought residents of two neighborhoods, the Soundview area and New Street, to last Thursdays Water Pollution Control Authority meeting.

    And potential problems that seem almost certain to come with sewer line extensions pressure for more development, affordable housing projects that brush aside density limits using the states zone-busting statute 8-30g brought out worried members of the Planning and Zoning Commission.

    When we get rainfall, we definitely get some sort of odor. Im assuming its septic odor, a Wilton Road West resident said.

    We have pumped frequently. I want to say maybe six times last year.

    A sewer line extension could be a big help to the area Soundview Road, Wilton Road West, Creamery Lane, and Marcardon Avenue which has smaller lots and a high water table.

    But extending sewers to new areas the Soundview neighborhood off south Main Street, or New Street, west of north Main Street could cause headaches for planning and zoning authorities.

    From a planning and zoning perspective, once it becomes served, it becomes a potential property for affordable housing, said Planning and Zoning Commission Chairman Rebecca Mucchetti.

    This is always an issue, said Water Pollution Control Authority Chairman Amy Siebert, the push-me pull-you of development.

    In all, 21 people spoke 13 residents, six members of the Planning and Zoning Commission, Town Sanitarian Ed Briggs, and a lawyer for Bennetts Pond developer Eureka V LLC.

    See the rest here:
    Sewer lines: Extending them solves problems, but creates others

    Conservationists wonder where Amendment 1 funds will go

    - December 16, 2014 by Mr HomeBuilder

    Published: Saturday, December 13, 2014 at 11:12 p.m. Last Modified: Saturday, December 13, 2014 at 11:12 p.m.

    Advocates for the referendum say the strong Election Day showing 75 percent support is a statement that voters want officials in Tallahassee to reinstate money for conservation programs that had proven track records for decades before they were largely defunded in the wake of the recession.

    Those initiatives include Florida Forever, which once received $300 million annually, the Florida Communities Trust land acquisition fund for local governments and environmental nonprofits, Save Our Rivers and the Surface Water Improvement and Management Program for impaired water bodies.

    Will Abberger, the campaign manager of the political committee that launched the voter petition drive to get the referendum on the ballot, said Amendment 1 is intended to put additional wildlife habitat and land near water resources into protection and to meet unfunded needs to manage conservation land through ecological restoration, the removal of invasive plant species and the provision of public access, including trail systems. The cleanup of Indian River Lagoon and the restoration of the Everglades are specific large projects in the mix, he said.

    Skeptical conservation advocates, the Alachua County Commission and the Florida Association of Counties have all come out in opposition to the possibility of the Legislature and governor using money set aside by the amendment at least 33 percent of the revenues raised from the state document stamp tax on real estate transactions and loan documents to replace any of what the state currently spends on beach re-nourishment, springs protection or other environmental programs.

    Some of the driving forces behind Amendment 1, including Abberger and Alachua County Commissioner Robert Hutch Hutchinson, also do not want to see millions of dollars set aside by the amendment put toward the construction or expansion of sewer systems on the rationale that they protect the springs by taking out nitrate-seeping septic tanks.

    It remains to be seen what will happen with Amendment 1 funds next session or over the next 20 years, when projections have the measure generating anywhere from $10 billion to $18 billion.

    Two lawmakers representing Alachua County, state Rep. Keith Perry, R-Gainesville, and state Sen. Rob Bradley, R-Orange Park, said they want robust discussion and public input before making a decision.

    I think it is way too premature for any of us in the Legislature to make judgments until we hear from our colleagues and from the citizens of the state of Florida on what is the appropriate use of these funds, Bradley said.

    At this point, there are several indications that some of the money could indeed end up going toward sewer projects or other areas that amendment proponents feel have questionable conservation value.

    Link:
    Conservationists wonder where Amendment 1 funds will go

    Fire Marshal: Deadly fire started in living room

    - December 16, 2014 by Mr HomeBuilder

    HAMILTON, Ohio -- The Ohio State Fire Marshal's Office said Monday the fire that killed three children in Hamilton started in the living room of their rental home Friday.

    Investigators stopped short of saying what caused the blaze at 135 Franklin St., according to state fire marshal spokesperson Lindsey Burnworth. But she said there was a Christmas tree, heaters and electric outlets in the room.

    Burnworth said it was too soon for investigations to determine what sparked the fire that killedAlex Flores-Ortiz, 7, and his sisters,SiclaliFlores-Ortiz, 10, andYeseniaFlores-Ortiz, 12.

    RELATED:'Tragedy after tragedy:' Fire Marshal starts investigation in Hamilton fire that killed 3 children

    Flores-Ortiz family members had earlier said Crystal Flores, the children's mother,believed the tree fell over in the living room and started the fire.

    Trevor Snider, a Hamilton Fire Department investigator assisting in the case, said investigators found three battery-powered smoke detectors in the house.

    "There was one on each floor," he said. "And, in addition, there was one on the first floor. Both were quite heavily damaged. One was actually missing to the point we could not check if it was operational or if it had a battery in it. The one on the second floor did have a battery and there was one in the basement with a battery."

    Ismael"Michael" Flores-Ortiz, the children's father, remained at the University of Cincinnati Medical Center.

    Ismael's sister told the Journal News on Monday that her brother suffered severe burns when he ran into the fire and tried to save his children trapped in their bedroom. He is improving, she said.

    Crystal Flores and the couple's 2-year-old Anthony were treated and released from Fort Hamilton Hospital. A 9-year-old escaped the fire without injury.

    View post:
    Fire Marshal: Deadly fire started in living room

    Musi-Cafe, Restaurant At Centre Of Lac-Megantic Disaster, Reopens

    - December 16, 2014 by Mr HomeBuilder

    Yannick Gagne stands in the new Musi-Cafe under construction in Lac-Megantic, Que., Wednesday, June 11, 2014. The restaurant-bar at ground zero of the deadly train derailment and explosion that killed 47 people in July 2013 is back in business.The Musi-Cafe quietly opened its doors to the public today in a new location, about 400 metres from the original site. | CP

    MONTREAL - The restaurant-bar at ground zero of the deadly train derailment and explosion that killed 47 people in Quebec in July 2013 is back in business.

    The Musi-Cafe quietly opened its doors to the public in Lac-Megantic on Monday, about 400 metres from the original site.

    Owner Yannick Gagne said only three of the original employees have returned to work with him in his new establishment.

    "One of them is my chef, a friend," he told The Canadian Press in a phone interview.

    "I have a girl who worked for me for three or four years she's coming back and one of my good friends, Karine Blanchette, will handle all the artists who will come here."

    At the time of the disaster, Blanchette told reporters two children were left orphans after one of her friends died in the tragedy.

    Many of the 47 victims were inside the Musi-Cafe when a runaway oil-tanker train rolled off the tracks and exploded in the heart of the town.

    Gagne lost three workers in the blast and about a dozen have decided not to come back to work with him.

    Continue reading here:
    Musi-Cafe, Restaurant At Centre Of Lac-Megantic Disaster, Reopens

    Lac-Megantic restaurant at centre of deadly 2013 explosion reopens

    - December 16, 2014 by Mr HomeBuilder

    Peter Rakobowchuk, The Canadian Press Published Monday, December 15, 2014 3:51PM EST Last Updated Monday, December 15, 2014 7:11PM EST

    MONTREAL -- The restaurant-bar at ground zero of the deadly train derailment and explosion that killed 47 people in Quebec in July 2013 is back in business.

    The Musi-Cafe quietly opened its doors to the public in Lac-Megantic on Monday, about 400 metres from the original site.

    Owner Yannick Gagne said only three of the original employees have returned to work with him in his new establishment.

    "One of them is my chef, a friend," he told The Canadian Press in a phone interview.

    "I have a girl who worked for me for three or four years -- she's coming back -- and one of my good friends, Karine Blanchette, will handle all the artists who will come here."

    At the time of the disaster, Blanchette told reporters two children were left orphans after one of her friends died in the tragedy.

    Many of the 47 victims were inside the Musi-Cafe when a runaway oil-tanker train rolled off the tracks and exploded in the heart of the town.

    Gagne lost three workers in the blast and about a dozen have decided not to come back to work with him.

    He now has a staff of about 20, which is five more employees than before.

    See the original post here:
    Lac-Megantic restaurant at centre of deadly 2013 explosion reopens

    Remodeling Projects For Your McDowell Mountain Ranch Home – Video

    - December 16, 2014 by Mr HomeBuilder


    Remodeling Projects For Your McDowell Mountain Ranch Home
    Remodeling Projects For Your McDowell Mountain Ranch Home http://www.ScottsdaleAZHomes.net/remodeling-projects-mcdowell-mountain-ranch-home/ http://www.ScottsdaleAZHomes.net ...

    By: ScottsdaleAZHomes

    Continued here:
    Remodeling Projects For Your McDowell Mountain Ranch Home - Video

    Reptile Zoo – "The Plumber" (Official Music Video) – Video

    - December 16, 2014 by Mr HomeBuilder


    Reptile Zoo - "The Plumber" (Official Music Video)
    Reptile Zoo #39;s New single will be released December 25th, 2014.

    By: Reptile Zoo

    More here:
    Reptile Zoo - "The Plumber" (Official Music Video) - Video

    One call can keep homeowners out of – or in – hot water

    - December 16, 2014 by Mr HomeBuilder

    Leominster Plumbing Inspector James Imprescia, left, and Todd Schuster of Schuster Pluming & Heating inspect a high-efficiency condensing gas boiler that Schuster installed in a Leominster home. SUN/JOHN LOVE

    LEOMINSTER - Like many homeowners, Karen Wittmeir was looking for ways to save money when she decided to upgrade a bathroom in her home recently.

    So she went online and searched for what she wanted at a good price, eventually purchasing a tub, shower, spa and steamer. She hired a plumber to install the units while she was away on vacation.

    When the plumber arrived for the installation, he immediately noticed the fixtures were not approved for use by the state. He had to call her with the bad news.

    "Needless to say, I was burning up the phone during our vacation," said Wittmeir, whose "frustration level skyrocketed."

    "It was crazy," she said.

    With more than $3,000 of nonreturnable fixtures stored in her garage, the only way to complete the installation, she learned from Leominster Plumbing Inspector James Imprescia, was to request a variance from the Board of State Examiners of Plumbers and Gas Fitters.

    Imprescia said Wittmeir's story can teach a valuable lesson to homeowners: When starting a home-improvement project, especially one involving plumbing or new appliances, understanding what's required according to state building codes can keep you out of hot water - and save you money in the long run.

    "I'm here to protect the consumer and improve the health of the nation," Imprescia said.

    He said Wittmeir's situation could have been avoided with one call or visit to his office.

    Go here to read the rest:
    One call can keep homeowners out of - or in - hot water

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