Churchill Downs Racing Club’ Dial Me Gives 200 Owners First Victory Lanerie sweeps ostrich, camel races
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First Security Inc. Announces Upgrade to the OTCQX Market
First Security Inc. (FIIT), the bank holding company for First Security Bank, Inc., announced that the Company has upgraded to the OTCQX market from the Pink market effective July 21, 2016.
OTCQX is designed for investor-focused companies, and ensures that investors and brokers have the information necessary to intelligently analyze, value, and trade their securities. Trading on OTCQX will provide an efficient trading market for current shareholders, and increase visibility to expand the investor base. Companies must meet high financial standards, demonstrate compliance with U.S. securities laws, be current in their disclosures, and be sponsored by a professional third-party advisor to qualify for OTCQX. The investment firm Raymond James & Associates will become a market maker in the stock and begin quoting a market in First Security, Inc. shares.
An independent study of companies that have moved to OTCQX in the past three years noted the following improvements:
- Trading volume by number of shares increased by 53% on average
- Dollar volumes increased similarly by 57%
- Bid-ask spreads narrowed by 4% on average
- The number of broker-dealers per security rose on average by 16%
Shareholder inquiries regarding buying or selling shares of First Security, Inc. should be directed to Mr. Anthony LanFranca with Raymond James & Associates at (312) 655-2961 or (800) 800- 4693.
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Day After His Death, Tom McCarthy’s Blame Angel Wins For Trainer’s Sons
“Divine intervention in the nightcap,†Ellis Park announcer Jimmy McNerney told the crowd after Blame Angel captured Friday’s eighth race by 2 3/4 lengths over Batten the Hatches.
Blame Angel previously ran on Father’s Day at Churchill Downs, winning at 17-1 odds in what proved the last horse to run with Tom R. McCarthy as trainer. McCarthy died Thursday morning at age 82 in Louisville after battling stage 4 melanoma. Blame Angel a day later in the $20,000 claiming race became the first horse to run with his son, Tom S., as the trainer of record, though he long had been involved with his dad’s horses. Tim McCarthy, also Tom R.’s son, is co-owner of the 4-year-old Blame Angel with Gilbert Nutt of Louisville.
“When I pulled off I-64 onto I-69†outside of Evansville, “I looked up and I said, ‘Help us out today. Give us some help because I know you’ll push us,’†Tom S. said. “And he did. So we won on Father’s Day. He was watching, wasn’t at the track because he was very, very ill. And we won today. So all is good.â€
Tom R. McCarthy was the feel-good story heading into the 2009 Kentucky Derby. He was was a retired biology teacher and high-school principal who long had trained and owned a horse or two on the side. He had no horses when he claimed General Quarters for $20,000 the first time the gray colt ran.
McCarthy’s one-horse stable burst onto the Kentucky Derby scene with the gray General Quarters taking Keeneland’s Grade I Toyota Blue Grass. Though he did not run well in the Derby – finishing 10th with a tough trip – he returned to the next Derby Day to win the Grade I Woodford Reserve Turf Classic in his grass debut.
Tom R. had four horses in training at Churchill Downs’ Trackside training center, their care overseen by Tom S. and retired engineer Jerry Hills, Tom R.’s former student and now owner. There also are 2-year-olds sired by General Quarters in Lexington owned by family and friends and a yearling in Ocala, along with two mares in foal to General Quarters. And there’s a four-month-old colt by General Quarters that will be named Tom’s Little General.
Blame Angel was ridden at Ellis by Brian Hernandez Jr. After the winner’s circle presentation, jockeys Robby Albarado (who during one stretch road General Quarters as a 4-year-old) and Miguel Mena (who rode Blame Angel in his Churchill victory but was committed to another horse Friday) came up to offer their congratulations and condolences to the McCarthy brothers.
“It makes you want to cry,†said Hills, who began helping his former teacher at the barn before the 2009 Blue Grass and wound up being partners in horses with Tom S. “That was tough.â€
On the racetrack, you deal with sorrow the same way you deal with joy: Go to work the next day. So the McCarthy boys never thought about scratching.
“Friends of mine were all like, ‘You’re going to scratch him,’†Tom S. said. “I said, ‘Noooo. Dad would want him to go.’â€
Blame Angel was claimed for $30,000 1 1/2 years ago and now has won five of 12 starts for the McCarthy family.
McCarthy arrangements: A funeral mass will take place Tuesday at 10 a.m. ET at Holy Trinity Catholic Church, 501 Cherrywood Road, Louisville, with private burial to follow. Visitation is 2-8 p.m. Monday at Ratterman and Sons, 3800 Bardstown Road in Louisville.
First Security Bank Hires and Promotes In Human Resources Department
First Security Bank Expands Its Human Resources Department Corporate Headquarters In Owensboro
Angela Morris PHR, SHRM-CP joined the bank as a Senior Human Resources Generalist. Angela comes to First Security with extensive employee-relations experience, most recently with Hines Precision Inc. She holds a Bachelor of Science degree in Business Administration with a concentration in Human Resource Management from Columbia Southern University. Angela is a certified Professional in Human Resources (PHR) as well as Society for Human Resource Management – Certified Professional (SHRM-CP).Â
Rhonda Wells has been promoted to the Vice President/Training and Development Coordinator. This new position is responsible for the oversight and development of training curriculum for all 150 employees. She has been with the bank for 16 years, serving in many capacities including Human Resources, Operations, Branch Manager, and most recently Vice President/Retail Market Manager. Rhonda is active in the Owensboro community, serving as a Board member for OASIS Women’s Shelter and contributing many hours to Junior Achievement.
First Security Bank is a $600 million asset bank with 11 banking centers in Owensboro, Bowling Green, Franklin and Lexington, Kentucky, as well as Evansville and Newburgh, Indiana. With more than 150 employees, in its four markets and corporate offices, First Security Bank has differentiated itself from larger competitors with its focus on relationship banking and the ability to make credit and other business decisions locally.
City Council Meeting Agenda for Monday, July 25th
AGENDA
CITY COUNCIL AGENDA JULY 25, 2016 ROOM 301, CIVIC CENTER 5:30 P.M.
ROLL CALL
PLEDGE OF ALLEGIANCE
APPROVAL OF MEETING MEMORANDUM
REPORTS AND COMMUNICATIONS
CONSENT AGENDA
FIRST READING OF ORDINANCES AND RESOLUTIONS
ORDINANCE G-2016-24 A.S.D. MERCER, ADAMS
An Ordinance Amending Chapter 2.170 (Fire Merit System) of the Code of Ordinances
ORDINANCE F-2016-20 FINANCE McGINN
An Ordinance of the Common Council of the City of Evansville Authorizing Transfers of Appropriations, Additional Appropriations and Repeal and Re-Appropriation of Funds for Various City Funds
ORDINANCE F-2016-21 FINANCE McGINN
An Ordinance of the Common Council of the City of Evansville Authorizing Repeal and Re- Appropriation and Additional Appropriation of Funds Within Various City Departments (DMD)
RESOLUTION C-2016-22 FINANCE McGINN
A Resolution of the Common Council of the City of Evansville Approving an Ordinance of the Vanderburgh County Income Tax Council Establishing the Percentage Credit Allowed for Homesteads for 2017 and Casting the Votes of the Common Council of the City of Evansville
CONSENT AGENDA
SECOND READING OF ORDINANCES AND RESOLUTIONS
ORDINANCE G-2016-19 AMENDED PUBLIC WORKS McGINN
An Ordinance to Vacate a Certain Easement Within the City of Evansville, Indiana, Storm Drain Easement Across Lots 1 and 2, Stonefield Crossing, Section 2, Subdivision, Parcel ID 82-06-14- 015-172.001-027 (Lot 1) and 82-06-14-015-172.002-027 (Lot 2)
ORDINANCE G-2016-23 A.S.D. MOSBY, McGINN
An Ordinance Establishing the Evansville Land Bank
ORDINANCE F-2016-17 FINANCE McGINN
An Ordinance of the Common Council of the City of Evansville Authorizing Transfers of Appropriations, Additional Appropriations and Repeal and Re-appropriation of Funds for Various City Funds
CITY COUNCIL AGENDA JULY 25, 2016 ROOM 301, CIVIC CENTER 5:30 P.M.
ORDINANCE F-2016-18 FINANCE McGINN
An Ordinance of the Common Council of the City of Evansville Authorizing Transfers of Appropriations, Additional Appropriations and Repeal and Re-appropriation of Funds for Various City Funds
ORDINANCE F-2016-19 FINANCE McGINN
An Ordinance of the Common Council of the City of Evansville Authorizing Transfers of Appropriations, Additional Appropriations and Repeal and Re-appropriation of Funds for Various City Funds
RESOLUTION C-2016-20 A.S.D.
A Resolution Approving a Land Bank Management Agreement
REGULAR AGENDA
THIRD READING OF ORDINANCES AND RESOLUTIONS
ORDINANCE G-2016-19 AMENDED PUBLIC WORKS
MOSBY, McGINN
McGINN
An Ordinance to Vacate a Certain Easement Within the City of Evansville, Indiana, Storm Drain Easement Across Lots 1 and 2, Stonefield Crossing, Section 2, Subdivision, Parcel ID 82-06-14- 015-172.001-027 (Lot 1) and 82-06-14-015-172.002-027 (Lot 2)
ORDINANCE G-2016-23 A.S.D. MOSBY, McGINN
An Ordinance Establishing the Evansville Land Bank
ORDINANCE F-2016-17 FINANCE McGINN
An Ordinance of the Common Council of the City of Evansville Authorizing Transfers of Appropriations, Additional Appropriations and Repeal and Re-appropriation of Funds for Various City Funds
ORDINANCE F-2016-18 FINANCE McGINN
An Ordinance of the Common Council of the City of Evansville Authorizing Transfers of Appropriations, Additional Appropriations and Repeal and Re-appropriation of Funds for Various City Funds
ORDINANCE F-2016-19 FINANCE McGINN
An Ordinance of the Common Council of the City of Evansville Authorizing Transfers of Appropriations, Additional Appropriations and Repeal and Re-appropriation of Funds for Various City Funds
RESOLUTION C-2016-20 A.S.D. MOSBY, McGINN
A Resolution Approving a Land Bank Management Agreement
RESOLUTION DOCKET RESOLUTION C-2016-21
DOCKET
CITY COUNCIL AGENDA JULY 25, 2016 ROOM 301, CIVIC CENTER 5:30 P.M.
McGINN
Resolution Authorizing the City of Evansville, Indiana to Execute and Deliver a Second Supplemental and Amendatory Loan Agreement in Connection with Its Economic Development Revenue Bond, Series 2011A (University of Evansville Project), Its Economic Development Revenue Bond, Series 2011B (University of Evansville Project), Its Economic Development Revenue Bond, Series 2011C (University of Evansville Project), Its Economic Development Revenue Bond, Series 2011D (University of Evansville Project), Its Economic Development Revenue Bond, Series 2011E (University of Evansville Project) and Approving and Authorizing Other Actions in Respect Thereto
MISCELLANEOUS BUSINESS
The next meeting of the Common Council will be Monday, August 8, 2016 at 5:30 p.m. Committee meetings will begin at 5:10 p.m.
ADJOURNMENT
Governor Pence Statement on June Employment Report
Unemployment Drops 0.2 Percent To 4.8 Percent; Labor Force Hits Record Peak
Indianapolis – Governor Mike Pence today issued the below statement following news that Indiana’s unemployment rate decreased 0.2 percent to 4.8 percent in June, marking a 3.6 percent drop since January 2013. The report, issued by the Indiana Department of Workforce Development (DWD), shows that Indiana’s labor force has increased by more than 190,000 since January 2013. June is the 12th consecutive month that Indiana has recorded private sector employment above the March 2000 peak, and Indiana’s labor force participation rate is nearly 3 percent higher than the national average (65.4 percent vs. 62.7 percent). Over the past three years, Indiana’s private sector has grown by 148,000 jobs.
“With more than 8,500 Hoosiers finding employment in June, and with a labor force participation rate nearly 3 percent higher than the national average, it’s clear that Indiana is on a roll,†said Governor Pence. “Our economic momentum is a testament to the hardworking Hoosiers in businesses large and small who are dedicated to starting and growing their companies in the Hoosier state. As we continue to foster an environment of growth and opportunity, our administration will continue to practice the pro-growth, low-regulation policies that help our economy grow.â€
Background
The Indiana unemployment rate stands at 4.8 percent in June 2016. Indiana’s labor force increased 3,476 over the month, with an increase in employment of 8,594. Unemployment decreased by 5,118. Indiana’s total private employment grew by 36,300 over the year. Total private employment is now at 2,641,000. The highest levels of growth occurred in the following sectors: Leisure and Hospitality, Construction, Private Education and Health Services, and Trade, Transportation, and Utilities. Since July 2009, the highest point of unemployment for the state, Indiana’s private sector employment growth has surpassed the nation’s growth (13.7 percent vs. 12.8 percent). Total private employment for June stands at 28,400 above the March 2000 peak. Additionally, initial unemployment insurance claims for the first 28 weeks of 2016 are at their lowest point since 1987.