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Some points would not overlap. So you would have areas with a high saturation of rain and areas with not as much. The coffee would be very unevenly extracted. Netflix set the bar high during its holiday quarter, and it’s targeting 61.44 million subscribers worldwide by the end of March. That’s 4 million more than it had just three months earlier.Related: An Interview With Michael LewisNetflix had a springtime stumble last year. Subscriber growth stalled after a May price hike, and the content gap between the sophomore seasons of “House of Cards” and “Orange is the New Black” seemed like it was an eternity for fickle members.
Any number of theories abounded, including marijuana induced brain swelling. Following an inquest, coroner officials in Hong Kong settled on death by “misadventure,” meaning accident and/or a possible bad reaction to headache medicine. The official story did not quell talk of everything from a conspiracy to a curse.
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Ad Age Datacenter produced Ad Age’s 63rd annual Leading National Advertisers report. Ad Age published the report online June 25, 2018. A portion of the report appeared as the 200 Leading National Advertisers 2018 Fact Pack, included with Ad Age’s June 25, 2018, print edition.
Problematic mortgages loomed over Laurentian Bank of Canada first quarter earnings on Wednesday, but the Montreal based lender said it making headway in resolving the situation.Laurentian results included an update to last year revelation that the bank had discovered some loans sold to third parties had been affected by issues and client misrepresentations, and that others were sold, or portfolio insured when they may not have been eligible for insurance.The bank warned in December that it might have to buy back around $304 million of the problematic mortgages, and increased that estimate to $392 million in January, after $88 million of loans sold to the Canada Mortgage and Housing Corp. Were confirmed as no longer eligible for portfolio insurance, and were repurchased by Laurentian in the second quarter.Laurentian Bank may need to buy back more loans as review of problem mortgages continuesEvidence of mortgage fraud in Canada raises red flag at credit rating giantThe bank said that, following talks with the Crown corporation, it would not have to do a full review of the mortgages sold to CMHC securitization programs, make material repurchases. Securitization program remains available and we continue to securitize mortgage loans, Laurentian said.The lender also said Wednesday that the situation involving mortgages with issues, which had been underwritten by Laurentian B2B Bank unit and sold to an unnamed third party, was resolved following the first quarter buyback of $89 million in loans and a follow up audit by the buyer.Laurentian bought back another $91 million in mortgages in the first quarter that had been mistakenly sold to the same third party.The bank, Canada eighth largest by market cap, says it has now bought back $268 million in problematic mortgages.The $392 million target could still vary, as it includes an estimated $124 million in potentially problematic loans that were underwritten in Laurentian branch network and sold to the unnamed third party.