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Here’s the one FTSE 100 share I’d buy in June

first_img Roland Head has no position in any of the shares mentioned. The Motley Fool UK has recommended Burberry. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. The stock market has rebounded strongly since March and some popular FTSE 100 shares are up by more than 50%. Investors appear to be pricing in a return to normal but, for many companies, business as usual is still a distant hope.We don’t know exactly what will happen as the global lockdown ends, so I’ve been looking for FTSE 100 stocks that should do well in almost any circumstances. The company I’ve chosen is luxury fashion brand Burberry Group (LSE: BRBY).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 best FTSE 100 share?This FTSE 100 share has fallen by more than 25% so far this year, despite the recovery seen since late March. However, the latest update from Burberry suggests to me that the business should recover strongly from the pandemic.History tells us that spending by wealthy consumers tend to recover more quickly in a recession. Although 60% of Burberry’s stores were closed by the end of March, they’re now starting to reopen. Early indications are that customers are happy to return. According to management, sales in mainland China and South Korea are ahead of the same period last year, and still rising.We don’t know if the same trends will be seen when UK and US stores reopen. One potential concern is that stores in western markets get a lot of business from Chinese tourists. The surge in spending in China may mean these buyers are shopping at home as travel restrictions continue to bite.Therefore, although US and UK stores may take longer to recover, I’m confident this FTSE 100 share will do well as Burberry’s star designer Riccardo Tisci can keep delivering desireable collections.Rock-solid financesTwo months of lockdown has left many businesses in a dire financial position. They’ve only survived by taking on extra debt and relying heavily on government support schemes.Burberry isn’t in this position. The group went into the Covid-19 pandemic with £600m of net cash and an unused £300m credit facility. Sales have continued through the group’s website, providing limited income during this period. Despite this, Burberry said last week that it expects to write off £68m of unsold stock from its stores.This isn’t great news, but Burberry’s luxury positioning means that profit margins are high. Excluding various Covid-19-related impairment charges, Burberry reported an operating margin of 15% last year, with a return on capital employed of 22%. These numbers are well above average for a FTSE 100 share. In my opinion, they highlight the high quality of this business.Why I’d buy Burberry todayIt wasn’t long ago that Burberry was trading at more than £20 per share. As I write, the share price is just over £15, a level we first saw in August 2013. In the seven years since, the company has continued to develop its brand and increased its sales by 32%.If the firm can maintain its high profit margins, then I think we could see strong profit growth over the next five years. I don’t think this FTSE 100 share looks expensive for such a high quality business. I rate Burberry as a long-term buy at current levels. 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. Our 6 ‘Best Buys Now’ Shares Roland Head | Friday, 29th May, 2020 | More on: BRBY “This Stock Could Be Like Buying Amazon in 1997”center_img 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. Image source: Getty Images Simply click below to discover how you can take advantage of this. Enter Your Email Address Here’s the one FTSE 100 share I’d buy in June See all posts by Roland Headlast_img read more

FHFA and FHA Extend Foreclosure, REO Eviction Moratoriums

first_img Share Save Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Christina Hughes Babb August 27, 2020 4,991 Views  Print This Post Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago FHFA and FHA Extend Foreclosure, REO Eviction Moratoriums 2020-08-27 Christina Hughes Babb Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days agocenter_img Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Servicers Navigate the Post-Pandemic World 2 days ago Previous: Foreclosure Report: Which States Are Seeing Increases? Next: Fannie Mae Offers Assistance to Disaster-Impacted Servicers Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles Home / Daily Dose / FHFA and FHA Extend Foreclosure, REO Eviction Moratoriums The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Foreclosure, Government, News Data Provider Black Knight to Acquire Top of Mind 2 days ago UPDATE: The Federal Housing Administration (FHA) and HUD announced, shortly following FHFA’s similar announcement, the third extension of its foreclosure and eviction moratorium through December 31, for homeowners with FHA-insured single family mortgages covered under the Coronavirus Relief and Economic Security (CARES) Act. According to a statement, “this extension provides an additional four months of housing security to homeowners, as they will not fear losing their homes as they work to recover financially from the adverse impacts of the pandemic. With this third extension, FHA has now provided more than nine months of foreclosure and eviction relief to FHA-insured homeowners.”HUD Secretary Ben Carson added, “President Trump is taking unprecedented measures to ensure American homeowners have the resources and support they need to get back to financial stability during the economic recovery. Because homeownership is the largest wealth builder for the majority of the nation’s families, providing relief from foreclosure and eviction to those who are in jeopardy of losing their hard-earned wealth, through no fault of their own, is a priority.”FHA’s Single Family foreclosure and eviction moratorium has been in place since March 18, and continues to apply to homeowners with FHA-insured Title II Single Family forward and Home Equity Conversion (reverse) mortgages.“For so many first-time homebuyers and others who relied on FHA insurance to achieve homeownership, this extension provides an additional measure of peace-of-mind and security, along with the fact that we do not require a lump sum payment at the end of any forbearance period,” said Assistant Secretary for Housing and Federal Housing Commissioner Dana Wade. “Right now, it’s important that those affected by COVID-19 focus on the immediate priorities of regaining their financial footing, without the additional stress of dealing with a foreclosure action.”HUD further outlines the precise nature of the extension on its website.Initial report:In order to “support households impacted by COVID-19,” Fannie Mae and Freddie Mac today announced an extension of the temporary moratoria on foreclosures and evictions until December 31. The moratoria, previously set to expire August 31, is effective immediately and applies to properties with single-family mortgages backed by the GSEs. The suspension of evictions applies only to homes owned by Fannie or Freddie and does not apply to tenants in homes that have not been foreclosed.”Fannie Mae, along with our lending and servicing partners, remains committed to supporting households who are experiencing job loss, a reduction in work hours or income, or other issues due to COVID-19,” said Malloy Evans, Senior Vice President and Single-Family Chief Credit Officer, Fannie Mae. “With this latest extension of the foreclosure and eviction moratorium, we can continue to help ensure distressed borrowers are able to remain in their homes during this national emergency. For homeowners who may be struggling with their mortgage or facing possible foreclosure, assistance options are available and can provide much-needed relief. We encourage you to reach out to your servicer as soon as possible to get help.”FHFA Director Mark Calabria added, “To help keep borrowers in their homes during the pandemic, FHFA is extending the Enterprises’ foreclosure and eviction moratoriums through the end of 2020. This protects more than 28 million homeowners with an enterprise-backed mortgage.”Guidelines for single-family mortgages:Homeowners who are adversely impacted by the COVID-19 national emergency may request mortgage assistance by contacting their mortgage servicerForeclosure-related activities (except as to vacant or abandoned properties) and evictions of occupants from real estate owned by Fannie Mae are suspended until December 31, 2020Homeowners impacted by COVID-19 are eligible for a forbearance plan to reduce or suspend their mortgage payments for up to 12 monthsServicers must report the status of the mortgage loan to the credit bureaus in accordance with the Fair Credit Reporting Act, including as amended by the CARES Act, for homeowners impacted by COVID-19Homeowners in a forbearance plan will not incur late feesAfter forbearance, a servicer must work with the borrower on a permanent plan to help maintain or reduce monthly payment amounts as necessary, including a loan modificationHomeowners can find out if they have an enterprise-owned mortgage by visiting  KnowYourOptions.com/loanlookup.Fannie Mae said in a statement that it “has taken a number of actions to help homeowners and renters facing financial hardship due to COVID-19. In addition to suspending foreclosures and evictions affecting homeowners, Fannie Mae extended eviction protections to multifamily renters when the property owner received a forbearance, reminded homeowners they are never required to repay missed payments after a forbearance period all at once, shared tips to help homeowners avoid foreclosure fraud or scams, and announced a new COVID-19 payment deferral option to help homeowners who are ready to resume their monthly mortgage payments following a COVID-19 forbearance. These and other resources we make available are part of our ongoing Here to Help education effort, aimed at helping homeowners and renters impacted by COVID-19 understand the options available to them.”This is a breaking news story that might be updated as new information is available. Subscribelast_img read more

02 Bitter cucumbers

first_imgVolume XXXINumber 1Page 2 This is often the case with cucumbers. Sometimes they can tastedownright bitter. The good news is that this is preventable.Following a few simple tips can make sure you get thegreat-tasting cukes your labors deserve.The bitter taste that sometimes happens comes from one of threethings, or a combination of the three. Here are some tips to helpyou avoid all of them.The first is to harvest cucumbers before they reach fullmaturity. Leaving them on the vine too long, trying to get extralong fruit, can lead to disappointing taste. Cucumbers can growfast once they start producing, so be sure to plant only as muchas you can keep up with, to keep the harvest young.WaterMoisture control is the second tip for growing salad-qualitycucumbers. Irrigation or rain is critical, especially in the lastweek or so before the harvest. Failing to provide enough watercan definitely lead to poor-tasting cucumbers.The best way to water is with a drip system, irrigation tape orsoaker hoses. Provide about 1 inch to 1.5 inches of water perweek. Even more water near harvest time will help. Overheadwatering is OK. But it’s the least efficient method, and it maylead to foliar diseases.Third, manage the soil fertility. This means adjusting the pH(alkalinity or acidity) of the soil correctly and providingproper nutrition.Submitting a soil sample to your University of GeorgiaCooperative Extension county agent’s office is the most preciseway to do this. There’s no way to guess at the pH without thesoil test.The test will also provide details of what and how muchfertilizer to apply. Proper nutritional management will lead tohealthier plants and help eliminate the fertility problems thatcan cause a bitter taste.By following these tips, you should be able to grow all thegreat-tasting cucumbers you need for your salads and pickle jars.(Bob Westerfield is the Cooperative Extension consumerhorticulturist with the University of Georgia College ofAgricultural and Environmental Sciences.) By Robert R. WesterfieldUniversity ofGeorgiaFew things in the garden are more heartbreaking than taking thetime and effort to cultivate the soil, plant seed, fertilize,water and nurture your plants, only to have your harvest tasteawful.last_img read more

Governor Wolf Video Statement on Recent Events in Louisiana, Minnesota, and Texas

first_imgGovernor Wolf Video Statement on Recent Events in Louisiana, Minnesota, and Texas National Issues,  The Blog,  Videos Watch Governor Wolf’s video statement on the recent events in Louisiana, Minnesota, and Texas. Read Governor Wolf’s full statement on recent events in Louisiana, Minnesota, and Texas.Read Governor Wolf’s flag order to honor the five police officers who were killed in the line of duty on Thursday, July 7, 2016 in Dallas, Texas.Like Governor Tom Wolf on Facebook: Facebook.com/GovernorWolf July 08, 2016   SHARE  TWEET SHARE Email Facebook Twitter By: The Office of Governor Tom Wolflast_img read more

Raiders fell flat, but what about Brent Musburger’s showing?

first_imgAs in wanting more game details and … Raiders announcer Brent Musburger started out strongly Monday night before tripping up in a performance dotted with miscues.If it sounds a lot like what befell Derek Carr and the Raiders at the Coliseum, well …To be fair, Musburger avoided any real disaster in his first official game as the team’s new radio voice. But like the preseason, the decorated TV announcer still left his listeners yearning for more during the Raiders’ 33-13 season-opening loss.last_img read more

MLB considering drastic rule changes that could speed up games, create universal DH

first_imgBy Dave Sheinin | The Washington PostMajor League Baseball and its union have had substantive discussions in recent days over a series of proposals, among the most drastic proposed changes in years, that could bring significant rule changes to the sport in 2019 and beyond, according to two sources familiar with those talks. The discussions have included both on-field rule changes, pushed by Commissioner Rob Manfred, and proposals from the union to improve competitive balance.According to …last_img read more

October weather outlook

first_imgShare Facebook Twitter Google + LinkedIn Pinterest There are no changes to recent weather outlooks. Overall, it looks warmer than normal for October with rainfall at or below normal. It does look like November may turn somewhat wetter than normal as an early indication.October RISK:Temperatures – Above Normal (+3 to +5F)Rainfall – Normal to below normalFreeze – Below normal – Typically first freeze often occurs from north to south between Oct. 10 to 20. It will likely be delayed 1-2 weeks.See the typical freeze dates from the NOAA Midwest Regional Climate Center here:http://mrcc.isws.illinois.edu/VIP/frz_maps/freeze_maps.html#frzMapsThe NOAA/NWS/Ohio River Forecast Center 16-day rainfall outlook suggests normal ot drier than normal conditions in Ohio.http://www.erh.noaa.gov/ohrfc/HAS/images/NAEFS16day.pdfWith a significant El Nino expected this fall and winter, everything suggests warmer conditions with below normal precipitation across western Ohio and normal precipitation in eastern Ohio into winter.last_img read more

Digital Archaeologists Figure Out What Made the Apple I Tick (Hint: The Terminator)

first_imgVisual6502 are peeling off the silicon from one of computer history’s benchmark chips, the MOS 6502, with acid and taking high-rez photos of it. Why? Because despite being only 35 years old, this chip is poorly understood. To understand the 6502’s import, you have to understand that it powered the Apple I and Apple II, as well as the Atari and Nintendo game systems (and powering several famous robots). It contributed, in other words, to the birth of both personal computing and the development of the gaming industry. Why Tech Companies Need Simpler Terms of Servic… “These components form circuits in a few simple ways according to how they contact each other, so by intersecting our polygons, we were able to create a complete digital model and transistor-level simulation of the chip.”The Visual6502 site includes a JavaScript simulator of the chip, which is fun to play with regardless of your technical acumen. (Especially stepping the simulation forward with the n-key!) If your geekery happens to be high, the code for the chips is available on their GitHub page. This isn’t their first rodeo. They’ve explored in detail other chips from the dawn of (computer) time, including the Intel 4004. But they’re hoping this process of digital archaeology – understand the physical makeup of chips, then building vector polygon models to test their play – will prove to be a more common tool going forward. Additional sources: Techworld 8 Best WordPress Hosting Solutions on the Market A Web Developer’s New Best Friend is the AI Wai… curt hopkinscenter_img Tags:#Apple#web Instead of creating an “emulator,” which is a not uncommon practice, this team instead created “a virtual chip by modeling and simulating the actual microscopic parts of a physical chip.” The problem with emulators is they rely on the documentation of an instruction set. “This information is always incomplete and even the original chip logic schematics can differ from what was actually built in silicon. A disciplined emulator will capture and use traces of actual chip behavior, but it’s near impossible to capture the billions of sequences of bits that a real chip gives rise to…While a multitude of people understand the instruction set for the 6502, almost no one, apart from the original designers, understands how the physical chip achieves this instruction set.”So they brought exposed the silicon die, took high-rez photos of its surface and substrate and, from these photos, created vector polygon models of each of the chip’s 20,0000 physical components. Top Reasons to Go With Managed WordPress Hosting Related Posts last_img read more

Jokanovic urges fringe players to fight for places

first_imgFulham manager Slavisa Jokanovic is disappointed that some of his players are not putting in enough fight despite missing out on selection in his starting line-up.Fulham spent more than £100m during the summer signing 12 players, but have just one win from their opening 12 Premier League matches, and manager Jokanovic is likely to name the same starting eleven for two games in a row despite believing that competition for places is healthy.“This process is never finished, other players are going to have an opportunity to push hard and fight for the space in the team,” Jokanovic told Sky Sports.“I want to encourage my players to not wait for an opportunity. I want to encourage them to fight, to force the situation and show me they are my best choice. This is what I expect.Official: Tottenham sign Fulham youngster Ryan Sessegnon Andrew Smyth – August 8, 2019 Tottenham have sealed another transfer deadline day deal to sign the highly-rated Ryan Sessegnon from Fulham.“I want to make some competition between them and for them to be hurt when they are not in the starting XI. This is what I miss right now.“And we’re going to push harder and in this way be competitive in Premier League games too.”last_img read more