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Yahoo
6 minutes ago
- Politics
- Yahoo
Judge set to rule on High Court challenge over Wimbledon expansion
Campaigners are due to discover whether they have been successful in a legal challenge against the decision to approve plans to almost triple the size of the Wimbledon tennis site on Monday. Barristers for Save Wimbledon Park (SWP) told the High Court earlier this month that the Greater London Authority (GLA)'s decision to approve the plans last year was 'irrational'. The All England Club's proposal would see 38 new tennis courts and an 8,000-seat stadium built on the grounds of the former Wimbledon Park Golf Club. The GLA and the All England Club are defending the challenge, with barristers for the authority describing the decision as a 'planning judgment properly exercised'. Mr Justice Saini is set to hand down his ruling at 2pm on Monday. The plans were first submitted to both Merton and Wandsworth councils, with the park straddling the boroughs, in 2021, after the All England Club bought out golf club members with the intention of developing the land. In addition to the courts and associated infrastructure, seven maintenance buildings, access points, and an area of parkland with permissive public access would be constructed. The proposals also include work on Wimbledon Lake, which would involve building a boardwalk around and across it. After Merton Council approved the plans, but Wandsworth Council rejected them, the Mayor of London's office took charge of the application, but Mayor Sir Sadiq Khan recused himself from the process after previously expressing public support for the development. Planning permission for the scheme was granted by Jules Pipe, London's deputy mayor for planning, who said that the proposals 'would facilitate very significant benefits' which 'clearly outweigh the harm'. But a two-day hearing in London heard that the decision to grant planning permission was unlawful as Wimbledon Park – a Grade II*-listed heritage site partly designed by Lancelot 'Capability' Brown – was covered by restrictions on how it could be used. Sasha White KC, for SWP, said in written submissions that the land was subject to a 'statutory trust requiring it to be kept available for public recreation use' and that when the freehold was acquired, the club entered into 'restrictive covenants' governing its use. In court, the barrister said: 'You could not have a more protected piece of land within the planning system, frankly.' Mark Westmoreland Smith KC, for the GLA, said in written submissions that Mr Pipe received 'detailed advice' over the 'relevance' of the 'alleged' trust and covenants, and made his decision on the assumption that they existed. The barrister said that the decision was a 'planning judgment properly exercised and having regard to the appropriate and relevant factors'. Russell Harris KC, for the All England Club, said that planning officers 'acknowledged and had regard to' the trust and covenants, but deemed they were not 'material'.
Yahoo
6 minutes ago
- Business
- Yahoo
Public companies own 32% of Aeris Resources Limited (ASX:AIS) shares but individual investors control 49% of the company
Key Insights Aeris Resources' significant individual investors ownership suggests that the key decisions are influenced by shareholders from the larger public 50% of the business is held by the top 15 shareholders Analyst forecasts along with ownership data serve to give a strong idea about prospects for a business We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. To get a sense of who is truly in control of Aeris Resources Limited (ASX:AIS), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are individual investors with 49% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Meanwhile, public companies make up 32% of the company's shareholders. Let's delve deeper into each type of owner of Aeris Resources, beginning with the chart below. See our latest analysis for Aeris Resources What Does The Institutional Ownership Tell Us About Aeris Resources? Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. We can see that Aeris Resources does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Aeris Resources' historic earnings and revenue below, but keep in mind there's always more to the story. Aeris Resources is not owned by hedge funds. The company's largest shareholder is Washington H. Soul Pattinson and Company Limited, with ownership of 31%. In comparison, the second and third largest shareholders hold about 8.5% and 4.8% of the stock. Additionally, the company's CEO Willie Labuschagne directly holds 0.7% of the total shares outstanding. After doing some more digging, we found that the top 15 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. Insider Ownership Of Aeris Resources The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own some shares in Aeris Resources Limited. In their own names, insiders own AU$6.2m worth of stock in the AU$184m company. Some would say this shows alignment of interests between shareholders and the board, though we generally prefer to see bigger insider holdings. But it might be worth checking if those insiders have been selling. General Public Ownership The general public, who are usually individual investors, hold a 49% stake in Aeris Resources. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. Private Company Ownership We can see that Private Companies own 10%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. Public Company Ownership Public companies currently own 32% of Aeris Resources stock. We can't be certain but it is quite possible this is a strategic stake. The businesses may be similar, or work together. Next Steps: While it is well worth considering the different groups that own a company, there are other factors that are even more important. Be aware that Aeris Resources is showing 1 warning sign in our investment analysis , you should know about... Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
6 minutes ago
- Sport
- Yahoo
Caitlin Clark 'progressing,' but not expected to return for Fever's second-half opener on Tuesday
Caitlin Clark continues to have an uncertain timetable to return from her groin injury. Indiana Fever head coach Stephanie White told reporters Sunday that the Fever star is unlikely to play when the team resumes its season on Tuesday and that she will undergo additional testing, per ESPN's Alexa Philippou. White reportedly said the team hopes to have a more clear timeline after the testing. From ESPN: "I think she's progressing," White said. "I think that we're continuing to address everything that needs to be addressed ... I don't expect her to be available on Tuesday, so we're just going to continue to take it one day at a time and let her get her evaluations early this week." Clark has been out since aggravating her groin injury last Tuesday, the latest frustration in a disappointing season so far for the WNBA's biggest ratings draw. She missed five games between May and June with a quad injury, then four games with the original groin injury in late June. The latest injury caused her to miss both the WNBA All-Star Game and 3-point contest, in which she figured to be the marquee attraction. The Fever hosted the All-Star festivities for the first time in the franchise's 26-year history and Clark's face was plastered throughout Indianapolis. With its namesake and starter Sabou Sabally out, Team Clark was blown out by Team Collier in the All-Star Game. New York Liberty star Sabrina Ionescu emerged victorious in the 3-point contest. At 12-11, the Fever sit in sixth-place in the overall WNBA standings, but are just a game and a half away from dropping out of the eight-team playoff field entirely. Indiana broke the league's longest playoff drought last year in Clark's historic rookie season, but was hoping to take a major step forward this year after the addition of veteran talent like Natasha Howard, Sophie Cunningham and DeWanna Bonner (not all of them worked out). It's hard to imagine a serious run for the Fever without a 100% Clark, and we should have a better idea of how feasible that is after her testing this week.
Yahoo
6 minutes ago
- Entertainment
- Yahoo
'90 Day': Darcey Tones Herself Down to Please Georgi's 'Conservative' Family but He Fears She Isn't Taking the Trip Seriously
NEED TO KNOW On the July 20 episode of 90 Day Fiancé: Happily Ever After?, Darcey was focused on appearing more 'conservative' for Georgi's family as they prepared to travel to Bulgaria Though she was determined to tone down her look, Georgi feared she was not taking the trip seriously and urged her to hide her "big cleavage, your super shoes and your short skirt" Tensions hit a breaking point as Georgi ultimately confessed, 'I'm worried [about] what my family and friends [are] going to think about her and what [they're] going to think about me too, because she's my wife"Darcey toned her style down ahead of her trip to meet Georgi's family in Bulgaria, but he still worried she was not taking the trip seriously. On the July 20 episode of 90 Day Fiancé: Happily Ever After?, Darcey spent her final days before the trip doing whatever she could to appear more 'conservative' for Georgi's family — from getting new clothes to swapping out her old, long lashes for new, shorter ones. First, Darcey went shopping with her friend Roxy, who is also from Bulgaria, as she looked for some more appropriate clothing to wear on her upcoming trip. But some of the outfits Darcey liked, according to Roxy at least, still were not conservative enough for the culture in Bulgaria — including one black jumpsuit she tried on. 'I like this one!' Darcey exclaimed as she exited the dressing room. 'It feels conservative enough where it respects the family and the culture.' However, Roxy disagreed. 'You want to earn their respect,' she explained. 'Or they're going to send you back to America.' In a confessional, Darcey revealed she is 'scared, nervous and anxious' ahead of the trip. 'I don't know if his family is going to approve of me and accept me,' she explained. 'It's a lot of pressure.' Roxy said when she first met her partner's parents, 'it took a few trips until I earned their respect.' The first visit, she added, 'was probably the hardest one.' Roxy also suggested Darcey tone down her nails and remove her long eyelashes ahead of the trip. Darcey protested a bit, but ultimately agreed. She hoped that by toning down her look, she would show Georgi that she was 'putting in the effort to look a little bit more conservative.' But, she admitted in a confessional, 'it's definitely out of my comfort zone.' Darcey wound up pleased with the shorter lashes, which she received the next day. She suggested it felt like 'a good compromise,' and hoped Georgi would feel the same. 'I hope this is enough of a make-under for Georgi and his family because I love myself, I honor myself, and I'll only compromise so much,' she explained in a confessional. 'And if Georgi keeps pushing at it, it's going to affect our relationship because I'm not going to open up with a man that doesn't give me the respect I deserve.' During her lash appointment, Darcey said both she and Georgi 'need to put more time into celebrating each other in the marriage.' 'I feel like this is the perfect moment in time to really just embrace our marriage [and] our love life,' Darcey said in a confessional. 'Of course, I want to dress very respectfully for Georgi's family, but they're not going to be with us the whole time. So I want to pack some sexy things!' But back at home, as they packed for the trip, Georgi did not seem thrilled with some of the outfits Darcey had put together. 'Your boobs [are] out,' he stated as Darcey showed him the outfit she planned to wear on the plane. 'I'm going to have a jacket on the airplane!' Darcey protested as she donned a white fur coat, which she felt covered 'everything' it needed to. She argued that she had toned herself down 'a lot,' and pointed out her new lashes. But Georgi did not notice much of a difference, and seemed annoyed with his wife. 'Thank you Darcey, thank you for listening to me with [these] natural looking eyelashes,' he said in a confessional. 'I'm 100% sure my parents, they're not going to notice your big cleavage, your super shoes and your short skirt.' 'What's the big deal?' Darcey asked her husband, who noted this is not the first time he has told her how to dress appropriately for the trip. 'You don't respect what I say!' Georgi argued back, suggesting that people in Bulgaria might think she was a 'prostitute' or a 'w---' based on her outfits. Darcey disagreed, but Georgi insisted she was being 'disrespectful.' 'You don't really care about this trip, and that's why I'm upset' Georgi told his wife. In a confessional, Georgi said he was feeling 'overwhelmed about this trip.' 'I'm worried [about] what my family and friends [are] going to think about her and what [they're] going to think about me too, because she's my wife,' Georgi explained. Darcey tried to smooth things over. 'I don't want you to feel nervous!' she said before giving her husband a hug. 'I want you to care,' Georgi said, to which Darcey replied, 'I do care!' She then said 'I love you' in Bulgarian before they shared a quick kiss. Darcey and Georgi then headed for the airport and boarded their plane to Bulgaria. In an interview before taking flight, Darcey acknowledged that the trip 'means everything' to her husband. 'I want to give love,' Darcey explained. 'I'm a giver and want them to feel my love, that I care for their son, that I've always had his back and I just want to feel the same in return.' Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. 90 Day Fiancé: Happily Ever After? airs on Sundays at 8 p.m. ET/PT on TLC. Read the original article on People
Yahoo
6 minutes ago
- Entertainment
- Yahoo
‘The Gilded Age': How The HBO Drama Created A Castle Fit For A New Duchess
Gladys deserves the mother of all castles after the ordeal she went through in New York City. But production didn't need to go to England to find the perfect home for the new Duchess of Buckingham. Two different estates in Newport, R.I. — along with one in Long Island — served as Sidmouth Castle in the episode titled 'A Different World.' To achieve the opening shot, however, director Deborah Kampmeier relied on an actual pond in England to project the image of Gladys (Taissa Farmiga) and Hector (Ben Lamb) riding a carriage through the estate grounds. More from Deadline 'The Gilded Age' Courts Another Series High Audience With Season 3 Wedding Episode Carrie Coon Talks Emmy Nomination, Future Of 'The Gilded Age' & Whether She'd Return For 'The White Lotus' Season 4 Emmys 2025: Where's My Show? Why Some Of Your Favorites Won't Be Nominated This Year 'We put the visual effect of the carriage in upside down in the water, and then the wide shot of it moving through the countryside. That's England,' said Kampmeier. 'And then as we approach the castle, that is an approach to an estate in Newport. We brought in background actors to converge upon the carriage, and then a big crane goes up and over. We actually built onto what was already there in our visual effects. That's one piece of the puzzle.' The entrance and several of the castle rooms featured in the episode are from the Newport estates, while the sitting room and long hallways are from a mansion in Long Island. 'It is a collage that we use to create this epic castle feeling of a castle, using what we had available to us,' the director said. 'We've used up pretty much every mansion in Newport.' While Gladys is certainly accustomed to living in a large house, her new one has to feel to feel different — and so much worse. 'It was important to feel like she's walking into a very cold, very epic space in which she feels isolated and alone,' said Kampmeier. 'We decided to keep it quite gray, to reflect both a feeling of England since we were not in England and to reflect a feeling of that location as well as the inner life of Gladys … just this gray, isolated, lost girl who's really like a fish out of water.' Directing for The Gilded Age is 'an extravagant experience,' adds Kampmeier, who also helmed episode 2 and the upcoming episode 6. 'This is a show where it's very luxurious to be able to create a really epic shot that is going to stay in the final cut because the audience is asking for it rather than jumping right to a closeup,' said Kampmeier, whose other credits include Outer Range, Star Trek: Picard, FBI: International and Tales of the Walking Dead. 'I do love it.' Best of Deadline Streamer Subscription Prices And Tiers – Everything To Know As Costs Rise And Ads Abound (Hello, Peacock) - Update 'Stick' Release Guide: When Do New Episodes Come Out? 'Stick' Soundtrack: All The Songs You'll Hear In The Apple TV+ Golf Series
