Black Knight Revenue Increases 7 Percent in Q3

first_img Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. The Best Markets For Residential Property Investors 2 days ago Black Knight Inc., the Florida-based provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital markets verticals, announced that its revenues for the third quarter of 2018 increased 7 percent to $281.7 million from $263.8 million in the prior year quarter. Net earnings attributable to Black Knight for the third quarter of 2018 were $43 million, or $0.29 per diluted share, compared to $14.7 million, or $0.21 per diluted share, in the prior-year quarter.”Our third quarter results are reflective of the ongoing strength and momentum of our strategic initiatives across the enterprise,” said Bill Foley, Executive Chairman, Black Knight. “In particular, we were able to drive organic growth by winning new clients in existing markets, cross-selling and continuing to develop innovative solutions to enhance Black Knight’s leading end-to-end integrated technology, data, and analytics offering.”The company’s adjusted net earnings for the third quarter of 2018 increased 31 percent to $71.3 million compared to $54.3 million in the prior year quarter. Its adjusted Net Earnings Per Share for the third quarter of 2018 increased 33 percent to $0.48 per diluted share compared to $0.36 per diluted share in the prior-year quarter.Adjusted EBITDA for the third quarter of 2018 increased 8 percent to $138.4 million from $128.2 million in the prior-year quarter. Adjusted EBITDA margin was 49 percent, an increase of 60 basis points compared to the prior year quarter.Black Knight CEO Anthony Jabbour added, “The underlying fundamentals of our business remain strong, and we remain focused on our clients and driving the business to win market share, generate superior returns and create sustainable, long-term shareholder value. We look forward to providing a more comprehensive corporate and strategic update at our upcoming Investor Day, which will be held in New York City on November 19th.”Black Knight’s revenues for the nine months ended September 30, 2018, increased 6 percent to $828.6 million from $784.1 million in the 2017 period. Net earnings attributable to Black Knight for the nine months ended September 30, 2018, were $125.7 million, or $0.85 per diluted share, compared to $35.1 million, or $0.51 per diluted share, in the 2017 period. Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago in Featured, Headlines, News, Technology Black Knight mortgage Revenue Technology 2018-11-04 Radhika Ojha Share Save Tagged with: Black Knight mortgage Revenue Technology About Author: Radhika Ojha Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily November 4, 2018 1,314 Views center_img The Week Ahead: Nearing the Forbearance Exit 2 days ago Black Knight Revenue Increases 7 Percent in Q3 Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Urban Institute Mourns Trustee’s Death Next: Ed Buckley to Lead Aspen’s Brand Initiatives Servicers Navigate the Post-Pandemic World 2 days ago Related Articles  Print This Post Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Featured / Black Knight Revenue Increases 7 Percent in Q3last_img read more

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Inside the nightmarish world of Alabama prisons and the DOJ’s attempt to fix them

first_imgiStock(MONTGOMERY, Ala.) — The Department of Justice blasted Alabama’s men’s prisons on Wednesday, saying in a report that the system fails to protect inmates from violence and sexual assault, and detailing a litany of nightmarish incidents.“Our investigation found reasonable cause to believe that Alabama fails to provide constitutionally adequate conditions and that prisoners experience serious harm, including deadly harm, as a result. The Justice Department hopes to work with Alabama to resolve the department’s concerns,” Assistant Attorney General for the Civil Rights Division Eric Dreiband said in a letter released Wednesday.The investigation, dated April 2, said “the violations are severe, systemic and exacerbated by serious deficiencies in staffing and supervision; overcrowding; ineffective housing and classification protocols; inadequate incident reporting.”“Our investigation revealed that an excessive amount of violence, sexual abuse and prisoner deaths occur within Alabama’s prisons on a regular basis,” the report states.In one incident, in September 2017, the report describes a prisoner being stabbed to death as prisoners stood guard watching for “rarely seen correctional officers.”“One Hot Bay resident told us that he could still hear the prisoner’s screams in his sleep,” the report added, referring to a disciplinary ward at one of the prisons.During that week, the investigation describes a series of violent attacks and sexual assaults, including a prisoner who “was so severely assaulted by four other prisoners that he had to be transported to an outside hospital for treatment.”U.S. Attorney Richard Moore said in the statement that speedy changes need to be made “to spare our state further embarrassment.”“The failure to respect the rule of law by providing humane treatment for inmates in Alabama prisons is a poor reflection on those of us who live and work in Alabama. We are better than this,” Moore said in the statement.The DOJ investigation started in October 2016; involved inspections of four male prisons; and included hundreds of interviews of inmates, staff and correctional workers.“Over the coming months, my administration will be working closely with DOJ to ensure that our mutual concerns are addressed and that we remain steadfast in our commitment to public safety, making certain that this Alabama problem has an Alabama solution,” Gov. Kay Ivey said in a statement, issued jointly with the state’s Department of Corrections.Charlotte Morrison, the senior attorney at the Montgomery-based nonprofit Equal Justice Initiative, said the Department of Justice’s letter “corroborated” the concerns that advocates have been sharing for months and years.“What we’ve seen is that even though the [Alabama] Department of Corrections [ADOC] has been repeatedly made aware of these violent conditions, little has changed. In fact, things have gotten worse since the Department of Justice opened their investigation,” Morrison told ABC News.According to the investigation, there were 24 homicides reported from 2015 to 2017. By comparison, there were six prison homicides in Tennessee during that same time period, and Texas — a state with a much larger prison population — had 10 prison homicides in the same time period, according to the Equal Justice Initiative.And the DOJ said the homicide rate in Alabama prisons might be underreported.“We definitively identified three additional homicides — two in 2017 and one in the first half of 2018. These unreported homicides provide reasonable cause to believe that ADOC’s homicide rate is higher than what ADOC has publicly reported,” the report said.“There are numerous instances where ADOC incident reports classified deaths as due to ‘natural’ causes when, in actuality, the deaths were likely caused by prisoner-on-prisoner violence.”The investigation also found that the system discourages the reporting of sexual assaults.While the DOJ found that the prison system has “begun to make some positive changes in recent years,” such as hiring an inspector general and making some changes in response to the department’s investigation, such as closing the Bibb prison Hot Bay, “these efforts have been inadequate, as evidenced by the serious issues that continue to plague the prisons,” the document said.The DOJ suggested a slew of short- and long-term measures to address the deficiencies.Alabama prisons have made headlines in recent weeks, with The New York Times reporting about a trove of 2,000 pictures that they were sent from inside Alabama’s St. Clair prison. Many of the pictures, which the newspaper described as being “full of nudity, indignity and gore,” were not published, but the article detailed how they showed homemade weapons and wounds sustained by prisoners.Morrison explained that the DOJ’s letter gives the ADOC “a period for coming up with corrective action” but warned that if insufficient steps are taken during that time period, “then litigation may be required as a next step.”Morrison said that while the larger issues of understaffed and overcrowded prisons need to be addressed comprehensively, there are some immediate fixes that could help improve conditions immediately, like installing cameras that are able to record video and therefore help monitor where problems arise, or installing mirrors that will help guards have a better view of larger rooms.Additionally, she said the DOJ letter sends an important message to the incarcerated community and their families.“We have been receiving reports from family members from the incarcerated men, and from the men themselves — hundreds of reports, and reports on almost a daily basis. And I think that the feeling is that because of the sort of silence and the lack of any response from state leadership to the pleas of families and incarcerated men who are begging for protection in the face of lethal violence … that silence conveys either that we don’t believe you … or that your life doesn’t matter,” she said.“This is saying, ‘No, we hear you. You matter. And we will hold people accountable for this,’” she said. Copyright © 2019, ABC Radio. All rights reserved.last_img read more

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M&S backs bread as part of healthy diet after loaf sales rocket

first_imgHigh street retail giant Marks & Spencer (M&S) has seen sales of its ‘healthy breads’ up 37% on last year, noting that people were seeing the benefits of eating the carbohydrate.The retailer said sales of its Champion Seeds and Grains Loaf had gone up a whopping 125% and Super Seeded Loaf up 24% compared to last year.In light of this the upmarket grocer has launched a new range of healthy loaves, formulated around seeds, wholemeal and wholegrain.M&S nutritionist Helen Stevenson said: “For years, bread has fallen foul of low-carb diets, but now people are learning they don’t need to steer clear of the bread aisles. Customers are realising bread can help rather than hinder their diet plan!“Many breads are packed with vitamins and minerals, especially if you opt for wholegrain varieties with added seeds. Wholegrain and wholemeal breads are also full of fibre, a nutrient that we are short of in our diets. Adults should aim to eat 18g of fibre per day, but most adults in the UK only consume around 12g.”The new range includes a sunflower and pumpkin seed loaf and a pack of sunflower and chia rolls. This comes after figures from Kantar Worldpanel found wrapped bread sales were down 5.7% this January compared to last year.last_img read more

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WWE LIVE: Triple H breaks into a jig but signs off with pedigree after beating Jinder Mahal

first_imgTriple H did what he said he would. That is to show the ‘The Modern Day Maharaja’ how it feels to be in hell.The Game beat Jinder Mahal in the main-event of the WWE Supershow and then signed off in the most Hunteresque way ever.The Cerebral Assassin called Jinder back into the ring and praised him and told the WWE Universe that they are in safe in the hands of the Modern Day Maharaja. He then praised the crowd and asked the Singh Brothers and Jinder to dance.As the trio broke into one, they kept insisting HHH to dance with them. After much hesitation and insistence from the crowd, he broke into a jig with the trio.However, even as most of the elated people thought that’s the end, it was clearly not. He quickly changed it and pedigreed Samir and walked off the ramp while soaking in the huge ovation from a well-content crowd in New Delhi.The Game, who took more than 30 minutes to beat Jinder, went through a lot before finally pinning the former WWE champion with a second pedigree.While Jinder dominated most of the match, Triple H got momentum towards the end and after a spinebuster and two pedigrees, he finally got the three count.He was motivated one could say by the huge support he got from the crowd and most of the time it was louder than what the Indian-origin Jinder got. Jinder got his fair share of moments and crowd support but in the end couldn’t match up to the legend in Triple H’s ring — like he said before the start of the match on social media.advertisementIt started with Triple H challenging Jinder Mahal for a match in the WWE Live India after the latter had lost his WWE Championship to AJ Styles.”I decided India that if you want it bad enough, I will reply you. Let me hear your voice and if it is loud enough then I’ll return to New Delhi on December 9 and I will step into that ring to compete. But, it won’t be against just anybody. It will be for the biggest match in India’s history. It will be Modern Day Maharaja Jinder Mahal, the former WWE champion against the King of Kings, The Game, The Cerebral Assassin,” Triple H [email protected]…@JinderMahal…I only have one question for you… pic.twitter.com/LhNmfmES8J- Triple H (@TripleH) November 12, 2017Replying to the Cerebral Assasin’s challenge, the former WWE champion said that he accepts the challenge and it is the biggest match of his career.”@TripleH not only the biggest match in Indian History, but also of my career. Consider the challenge accepted by me, now @wweindia and #wweuniverse India let’s all make this happen,” tweeted Jinder.”I’m honoured that you considered me as an opponent in India, in New Delhi. But I must warn you Triple H…you may be the King of Kings but I’m The Modern Day Maharaja and I’m simply unstoppable when I have my people with me. So Delhi walo? Dasso yeh match dekhna chahte hoh aap? Humara Jinder Mahal vs Triple H. Dasso? (So Delhi people, do you want to see Jinder Mahal vs Triple H? Tell),” said Jinder in his video reply to HHH’s [email protected] not only the biggest match in Indian History, but also of my career. Consider the challenge accepted by me, now @wweindia and #wweuniverse India lets all make this happen. pic.twitter.com/6Wv62HnWFg- The Maharaja (@JinderMahal) November 12, 2017Jinder Mahal then posted another video warning him of his invincibility in front of his own people.”Match ban gaya hai…The match has been made. The biggest match in Indian history — Triple H versus Jinder Mahal. Triple H, we have seen more of you in the past few months than we have in the past few years and still you remain that same unstoppable force. But in India, in my land and in front of my people, I become unstoppable. So Triple H…December 9th, Indira Gandhi Indoor Stadium…The King of Kings, The Game versus The Modern Day Maharaja and Triple H…you will bow down,” said Jinder.Triple H shot back at the Modern Day Maharaja in his own subtle manner.”I come there to teach you a lesson that only I can teach because when you step into my ring, you are no longer only in India, you are no longer in front of just 1.3 billion of your people, you are now in my world, my world. (sic) And in my world Jinder, there is only one true king, one King of Kings and all will be humbled before him, including you. I will see you in New Delhi Maharaja,” Triple H said in a Twitter video.advertisementWhen you step into the ring on December 9th @JinderMahal…I will teach you there is only ONE king. @WWEIndia pic.twitter.com/i5rZQNMjEI- Triple H (@TripleH) November 29, 2017The Cerebral Assassin asked Jinder to question himself regarding The Game’s motive of stepping into the ring against him.”Jinder Mahal, as December 9 approaches, you must ask yourself why, why am I back, why am I stepping into the ring, why am I coming to India to New Delhi to face the Modern Day Maharaja, Jinder Mahal.”Triple H revealed that he has taken it upon himself to make Jinder better and the best way to do that is to inflict failure upon him. The Game warned that he will come in front of Jinder’s people and ensure that “you are everything that you say you are in the future.””See Jinder it’s my job now, my place to ensure the future. How I ensure that future is by making sure that athletes are the best. I push them to the limits. I make sure that everyday they learn lessons that make them better than they were the day before. Jinder I have taken it upon myself then to make you better.”Sometimes the best way to improve is to learn from your failures. So I come to New Delhi on December 9th Jinder, in front of 1.3 billion of your people and I come there to teach you, to ensure that you are everything that you say you are in the future,” Triple H warned.last_img read more

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