Tuesday 13 July 2010

Fed up mean fed-up, isn’t?



Fed up mean fed-up, isn’t? Mean that some one having had enough with something? Or someone? Mean despondent, depressed, and unhappy with the present situation and, with his “job”? Who also, don’t have a clue what he is writing? Of whom the “confusion” regarding directions is overwhelming that he make chooses of themes (like the BP), for afterwards, the jump of +/- 9%, - was absolutely unexpected and startling? The someone who keep thinking (stubbornly) to try his “luck” at promotion? How!? If the “bosses”, “colleagues” and the “co-workers” are “less” involved in workplace dynamics than usual? Maintaining to saturate my life with a long-time-by-now, - sidelined ideas? The monkey work techniques? Only dedicated to do everything in their power to stand in conceited manner instead to accept that I may indeed be acquainted with? Convinced that’s too much ask to put my case forward?

Energy Sales Consultant (12 July 2010 16:00:09)
Energy Sales Consultant - Nationwide
Our client is an industry leading, multi billion pound energy business, as well as being a highly ambitious organisation, they heavily encourage ambition, and growth, as such, a unique opportunity has now developed in there rapidly growing energy consultation division.
Required; is a technically minded, tenacious, sales hunter, to take up the opportunity as a public facing, Energy Sales Consultant, with the drive to progress to a Team Leader, and the passion and leadership skills to become a regional manager.
As a Energy Sales consultant you will be expected to carry out the following requirements:
* Visiting Pre-booked customers to secure additional services and cover - maintenance, boiler warranty, loft insulations, insurance etc.
* Convert pre booked leads into sales - making full use of the product portfolio to maximise deal size.
* You will be required to act heavily on initiative to aggressively pursue both the leads you are provided with, and the ones you source on your own merit.
You will require 2 - 3 years strong experience in energy sales
Any knowledge of home energy, boiler and or heat / ventilation systems are highly desirable as the cost of sales will average at �3k.
As well as the chance to spearhead your career- if you fit the criteria, there is also generous benefits package available - which dependant on circumstance, can include:
* Competitive salary, Plus potential Car Allowance - dependant on results
* OTE 70k - Top earner earning in excess of 100k last year
* Uncapped Commission scheme
* 25 days' holiday per year plus statutory holidays.
* Share savers scheme (an option to save up to �250 a month)
* Bonuses, and Incentives
This unique embarkment as an Energy Sales Consultant will power your career, and offers an excellent training package that is rivalled by the whole industry, immense career building opportunities as well as astounding rewards and incentives - If you feel you will add immense value to the business, please apply with full resume, and any supporting sales performance documentation you have.
Salaried or Self Employed Routes availible
Project / Program Manager, 5 years ETRM STP Oil exp London Base (13 July 2010 06:48:58)
Project / Program Manager, 5 years ETRM / STP Oil exp, London Base
* Opportunity to move into an Associate Program Director position in a year
* CEO / Board Level exposure as well as middle management
* Get a unique mix of large >£1- 5m single projects through to managing 5 -10 <£50K projects.
* Base yourself from London but enjoy International Travel predominantly across Western Europe.
* Join possibly the strongest team of Oil ETRM Project and Program Manager guru's globally
* Company has in excess of 850 staff with a global presence
* Excellent product training and business training specific to the each client.
* Company are continually expanding at 25% per year
* Universally renowned for high quality business solutions plus unsurpassed delivery and deployment track record.
* Other markets include electricity, natural gas and natural gas liquids, crude oil and refined products, precious and base metals, coal, weather derivatives, emissions, bandwidth, soft commodities, and foreign exchange.
* The company also offer a tried and well test Financial TRM suite.
* Experience with Allegro ETRM, OpenLink Endur, SunGard ETRM, Amphora Symphony, Solarc highly beneficial.
This company are looking to build their Program / Project Management team by attracting a strong Senior Project or Program Manager with a comprehensive background of 5-10 years in OIL + delivering Front, Middle and Back Office technology & professional service solutions for Trading, Risk Management and operational requirements such as (STP) Straight Through Processing. You will be supported by first rate business consultants, technologists and support staff who have an extensive knowledge of this market place and can only add value to your team.
You will undergo thorough training on the software principles and the architecture plus any other skills based training required. You should already be Prince 2 qualified with a strong ability to manage client relationships including often complex inter-company politics. You will also be well versed in the Project Management lifecycle with experience of using MS Office and MS Project. Initially you will shadow an existing PM to learn the process and principles of software. It is expected that you have are educated to degree level but this is not essential.
The role will require travel and therefore you must be willing to visit clients throughout Western Europe.
Send CV in word format or call in confidence first.

BP ready to test oil spill cap. 7:48am BST. NEW ORLEANS/HOUSTON (Reuters) - BP Plc prepared on Tuesday to try sealing off its runaway well with a new cap that it says could for the first time in 12 weeks finally arrest the flow of oil spewing from the floor of the Gulf of Mexico. The energy giant has suffered numerous setbacks in its struggle to control the 85-day-old gusher that stands as the worst offshore oil spill in U.S. history. And BP cautioned that tests of its latest containment system were not sure to succeed. But BP shares, battered for weeks as damage to the U.S. Gulf Coast economy and cleanup costs mounted, surged nearly 8 percent in New York on Monday by promising developments at sea and by news that U.S. energy company Apach Corp and other bidders were in talks to buy up to $10 billion (6.67 billion pound) worth of BP assets. The potential breakthrough in efforts to fully contain BP's ruptured wellhead also came as the Obama administration issued a revised moratorium on deep-water oil drilling that critics called a mere repackaging of an earlier ban struck down by the courts. The prospect of legal battles over the administration's bid to suspend deep-sea energy exploration in the Gulf already has had a chilling effect on drilling, putting tens of thousands of jobs at risk, industry officials and analysts said. The drilling moratorium and its toll on the oil and gas industry were expected to highlight the agenda on Tuesday for a second day of hearings by President Barack Obama's independent oil spill commission, meeting in New Orleans. Even as the seven-member panel began its investigation into the cause and effects of the spill, BP reported a potential turning point in the crisis. Hours after starting up a new oil-siphoning system, BP said Monday night it had installed a 40-ton containment cap atop its leaking wellhead a mile (1.6 km) underwater -- a device larger and tighter-fitting than the one it removed on Friday. Crude oil continued to pour into the sea for the time being, but BP said it planned to begin testing the new cap, and the internal pressure of the well, on Tuesday by closing off valves on the device to constrict the flow of oil. POSSIBLE TURNING POINT. If the test goes as intended, it would mark the first time that the flow of oil from the crippled well has been halted, at least temporarily, since the April 20 explosion and blowout of the Deepwater Horizon drilling rig that killed 11 crewmen.
The test was expected to last six to 48 hours, during which time two smaller siphoning systems, including the one brought online on Monday, will be turned off. But BP warned the outcome was uncertain.
"The sealing cap system never before has been deployed at these depths or under these conditions, and its efficiency and ability to contain the oil and gas cannot be assured," it said in a statement.
Depending on test results, BP will either keep the cap closed entirely or use it to resume siphoning oil to ships on the surface. If it works effectively, the cap should either hold all the oil in or allow it to be safely captured and funnelled away. BP said it plans to permanently block the oil flow in August with a relief well being drilled deep beneath the seabed that will intercept the original well and plug it. In Washington, Interior Secretary Ken Salazar unveiled the administration's new deep-water oil exploration moratorium in a plan worded differently from an earlier drilling ban struck down by a U.S. appeals court last week.
The new ban would run until November 30 and applies to the same oil and gas rigs as before, though it is defined by the types of drilling technologies used rather than the depth of the offshore operations, as the original plan was. Obama is under pressure to make offshore drilling safer and hold BP accountable as the spill devastates the multibillion-dollar tourism and fishing industries across all five states along the Gulf of Mexico. The oil industry reacted to the new drilling ban by saying it would make matters worse.

Aon to buy Hewitt for $4.9 billion. Mon, Jul 12 2010. NEW YORK/BANGALORE (Reuters) - Aon Corp (AON.N: Quote, Profile, Research) will spend $4.9 billion to buy Hewitt Associates Inc (HEW.N: Quote, Profile, Research), in an aggressive bid to leapfrog archrival Marsh and McLennan (MMC.N: Quote, Profile, Research) and create the world's largest human resource services company.
Aon, in its largest-ever deal, would issue 64 million shares and pay a 41 percent premium for Hewitt. The deal did not sit well with shareholders who knocked Aon's stock price down as much as 8.5 percent to $35.10 in regular trade on the New York Stock Exchange.
"They are using a significantly undervalued stock to pay for it," Stifel, Nicolaus & Co analyst Meyer Shields said. "It is going to be fairly tough for Aon to cross-sell its products into Hewitt's customer base."
Aon Chief Executive Greg Case, who had been eyeing Hewitt for a while, approached Russ Fradin, his counterpart at the HR firm, in early June with an informal offer, starting one-on-one talks that led to the agreement, sources close to the deal said. Aon, the world's largest insurance brokerage, announced on Monday a $50 per share offer for Hewitt, consisting of $25.61 in cash and 0.6362 in Aon stock. The deal comes amid a trend toward consolidation in HR services in the last few years as firms look to cut costs amid tough economic times, search for efficiencies and scale and eye global markets, especially in emerging countries. Marsh's Mercer consulting business had revenue of $3.3 billion in 2009. Marsh shares were off 2.3 percent to $22.59 on the NYSE. It surpasses the $4 billion Towers Perrin and Watson Wyatt merger, which created the world's largest HR consultants when it closed in January 2010. Aon bought Benfield, a London-based reinsurance broker, in 2008, and was looking to grow its consulting business. Aon's consulting business had 2009 revenue of about $1.2 billion. With the Hewitt purchase, its revenue would grow to $4.3 billion. Its bid is a preemptive move, as it believed others might have been interested in Hewitt as well, said the sources, who requested anonymity because they were not authorized to speak publicly about the deal. "If he really wanted to become the biggest and the best in HR services, Hewitt was the last and only deal to make that happen," one of the sources said, referring to Case. Hewitt provides services such as creating and managing retirement programs, designing and delivering health programs, reducing HR costs and attracting and rewarding talent. The two businesses do not overlap much, with Aon tending to focus on middle-market companies while Hewitt focuses large companies, the second source said. Aon expects the deal to add to 2011 and 2012 earnings and generate about $355 million in annual cost savings in 2013, primarily from reduction in back-office areas. An added attraction for Aon was the Hewitt brand and the chance to bring its consulting business under it, the source said.
Aon plans to integrate Hewitt with its existing consulting and outsourcing operation. The combined unit would be named Aon Hewitt and headed by Fradin, who would report to Case. RICH PREMIUM
The offer is 41 percent more than Hewitt's closing stock price on Friday, and 14 percent more than Hewitt's all-time high, reached in December. Hewitt shares went up as much as 34 percent to $47.42 in regular trade on the NYSE. Morningstar analyst Bill Bergman said he was concerned about the premium, which he said implied a fair value loss for Aon's shareholders of $3 per share. The price is at a multiple of about 7.5 times Hewitt's fiscal year 2010 consensus estimates earnings before interest, taxes, depreciation and amortization (EBITDA). The multiple is a "higher multiple than Hewitt's shares have seen in quite some time," said Timothy McHugh, an analyst at William Blair & Co. But taking the synergies into account, the multiple is closer to 5 times EBITDA, McHugh said, adding that at that level the "price isn't exceptionally high." The insurance brokerage has financing commitments from Credit Suisse (CSGN.VX: Quote, Profile, Research) and Morgan Stanley (MS.N: Quote, Profile, Research) for a three-year $1 billion bank term loan and a $1.5 billion bridge loan facility. Hewitt will have to pay a termination fee of $85 million or $190 million, as applicable, to Aon if the deal falls through, a filing with the U.S. Securities and Exchange Commission showed. Aon will have to pay $190 million as termination fee to Hewitt, or $225 million if the deal is terminated due to Aon's failure to get required financing, the filing showed. The deal is expected to close by mid-November. Credit Suisse acted as financial adviser to Aon, and Sidley Austin LLP is serving as legal counsel. Citigroup Global Markets served as exclusive financial advisor to Hewitt, and Debevoise & Plimpton LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are serving as legal counsel.

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