cufflink button – Smathers & Branson hand-stitched needlepoint cufflinks are a great way to add subtle style to your suit! The 3/4″ needlepoint design is set into a silver plated closure. Approximately 3/4″ in diameter, Hand-stitched needlepoint in a silver plated setting, Bullet back closure,
PARIS (Reuters) – Billionaire Vincent Bollore will further withdraw from Vivendi’s management at a crucial time for the French media giant, which is struggling in Italy and is weighing the sale of Universal Music Group (UMG). Bollore, Vivendi’s number one investor, will be replaced by his son Cyrille in April at the board, following a vote by shareholders, the group said. The appointment will come just a year after another son, Yannick, succeeded the French tycoon as chairman cufflink button. The surprising move comes three years ahead of the date Bollore, 66, had set for himself to hand over all of his businesses to his four children..
“There’s a new generation which is coming, new blood,” Vivendi’s chief executive Arnaud de Puyfontaine said in a call with analysts cufflink button. “The most important thing is that we have the long term commitment of our number one shareholder.”. Bollore, who made his fortune through shrewd investments via his family-controlled listed group, first entered Vivendi’s capital in 2012 and gradually increased his stake to 26 percent, a level that allows him to effectively control the company..
His replacement at the board does not imply a full departure from the group, a source close to the matter said, without elaborating cufflink button. Bollore’s two sons will preside over the future of Vivendi’s holdings. Under the billionaire’s tenure, Vivendi, acting as an investment vehicle, undertook a whirlwind acquisition spree in the fields of video games, advertising and telecommunications, including a 24 percent stake in Telecom Italia (TIM). That investment, Vivendi’s biggest, has not yet born fruit, as TIM has been caught up in a battle between the French company and U.S. activist fund Elliott since early last year over how to revive Italy’s biggest phone company..
Vivendi had to take an eye-watering 1.1 billion-euro ($1.24 billion) write-down on TIM’s shares in 2018, it said on Thursday, even as its core operating profit jumped by about 25 percent to 1.29 billion, mainly on Universal’s strong performance. The label’s performance contrasted with that of Vivendi’s second-biggest division, pay-TV Canal Plus, which missed its profit target for the year and has now fewer subscribers in France than U.S. video streaming platform Netflix. Vivendi is benefiting from the success of music streaming platforms such as Spotify and sale hits by artists such as Drake, Post Malone and The Beatles cufflink button.
WASHINGTON (Reuters) – The average U.S. tax refund under President Donald Trump’s tax overhaul is down nearly 9 percent so far in this year’s tax filing season, according to Internal Revenue Service data released on Thursday. Data covering the first 12 days of the new tax season showed an average refund of $1,949 for the 2018 tax year, when Trump’s tax cuts for businesses and individuals took effect cufflink button. That is 8.7 percent lower than the $2,135 average from a year earlier. Last week, IRS data showed average refunds running 8.4 percent lower..