Frank Wood Will Star Opposite Forest Whitaker in Hughie

first_imgTony winner Frank Wood will join the previously announced Oscar winner Forest Whitaker in a limited engagement of Eugene O’Neill’s Hughie. Directed by Tony winner Michael Grandage, the Broadway revival will begin previews on February 5, 2016 and officially open on February 25 at the Booth Theatre. The venue is currently home to Hand to God, which is set to shutter on January 3.Wood won the Tony Award for Side Man; he has also been seen on Broadway in Clybourne Park, August: Osage County, Born Yesterday and Hollywood Arms. His film resume includes Gold, Changeling, Taking of Pelham 1 2 3, Dan in Real Life, Thirteen Days, Pollock, People I Know, In America, Down to You, Royal Tennenbaums, Greetings from Tim Buckley and The Missing Person. Wood’s TV credits include The Newsroom, The Good Wife, Modern Family, Elementary, Blue Bloods, The Knick, Girls, Flight of the Conchords, Grey’s Anatomy, Sopranos and Law & Order: SVU.Hughie is set in the lobby of a small midtown hotel on the West Side of Manhattan. Whitaker plays Erie Smith, a drunken, small time hustler who is mourning the recent death of the hotel’s night clerk, Hughie. Erie regales the new night clerk (Wood) with tall-tales of his glory days and times spent with Hughie.The two-hander premiered on Broadway in 1964 with Jason Robards in the role of “Erie” Smith; it was last seen on the Great White Way in 1996 in a production directed by and starring Al Pacino.   View Comments Hughie Related Shows Show Closed This production ended its run on March 27, 2016last_img read more

Banco Popular bailout costs Dutch healthcare scheme €1m [updated]

first_imgAccording to a spokesman for PGGM, PFZW’s asset manager, Banco Popular was one of more than 2,700 companies in the FTSE All World Developed Markets index.“On balance, the index’s result is always good, but negative exceptions are possible,” the spokesman said.He added that BlackRock did not have much margin to deviate from the benchmark. However, the asset manager still sold half of the remaining equity earlier this year.Peter Borgdorff, PFZW’s director, put the €1m loss into perspective by pointing out that the healthcare scheme had generated returns of €928m during the first quarter of this year, and almost €20bn over 2016.Meanwhile, PME, the €45bn pension fund for the metal and electro-technical engineering industry, said it had lost €300,000 in a similar way to PFZW.It added that it had sold most of its passive equity holdings in May as a consequence of a benchmark adjustment.A spokesman for ABP said that the €389bn civil service scheme had divested its €5m equity holdings in Banco Popular in April, and a larger stake in credit one month later.“Our policy of active investment and taking choices in time has paid off,” he said.The spokesman added that ABP had acquired corporate bonds in Banco Popular early this year and had divested after making a “decent profit”.PMT, the €68bn sector scheme for metalworking and mechanical engineering, said it had sold its holdings in Banco Popular – worth roughly €1.5m – at May-end, following MSCI’s announcement that the bank was no longer part of the index.Rating agency Moody’s in its most recent Credit Outlook said that the resolution of Banco Popular’s problems had strengthened the credibility of the EU’s bank resolution regime.However, it noted that the bank had fared relatively well in last year’s stress tests for banks, run by the European Banking Authority (EBA), and concluded that “the test’s methodology had revealed limitations in signalling potential failures”.Moody’s also said that Banco Popular’s securitisations would benefit from the bank’s acquisition by Santander. The failure and bailout of Spanish bank Banco Popular wiped out at least €1m of investments for the Dutch healthcare scheme PFZW.Banco Popular was bought by Santander for the nominal fee of €1 last week after its real estate loan portfolio threatened to send it bankrupt.PFZW’s loss came as a consequence of new European rules stipulating that shareholders must bear the financial burden of a bailout rather than taxpayers.The €187bn pension fund’s stake was part of a passive investment portfolio managed by BlackRock.last_img read more

Japan’s Shibuno Stuns All-comers to Win Women’s British Open

first_imgSalas fired the week’s lowest round – a seven-under 65 – but Shibuno had five birdies on the back nine to win by one shot in her first major.England’s Charley Hull and Bronte Law slipped out of contention with rounds of four and six over, respectively.Salas finished on 17 under, and was practising putts before a potential play-off as Shibuno approached the 18th green, waving and smiling to both sides of the fairway.And the rookie, not only playing in her first major but also appearing outside Japan for the first time, showed no signs of nerves as she struck a firm 18ft putt which hit the back of the hole and just about dropped to secure victory.Aiming to win her third major of 2019, world number one Ko Jin-young hit a six-under 66 but that was only good enough for third place, two shots behind Shibuno, with American Morgan Pressel a shot further back.“I still feel like I’m going to vomit,” Shibuno said moments after victory. “I was more nervous on the front nine but I was OK on the back nine. I felt like I was going to cry on the 18th but the tears didn’t come out.”After being a relative unknown on her arrival in England last week, Shibuno has earned a host of new fans with her infectious smile, which remained even after a four-putt double-bogey on the third hole.That allowed Salas, 30, to wipe out the advantage Shibuno claimed on Saturday and at one point there was a five-way tie for the lead during the front nine.Salas’ strongest challenge after the turn looked set to come from Korean Ko but Shibuno regrouped to launch a late charge and reel in Salas down the back nine.Shibuno was in second place after days one and two at Woburn but it was on Saturday, when she moved into the lead during the back nine, that people really started to take notice of the Japanese rookie and wanted to know more.At the turn of the year she was ranked 559 in the world and shot up the rankings after two wins on the LPGA of Japan Tour, where she is known as the ‘smiling Cinderella’.It was easy to see why as Shibuno high-fived fans and posed for selfies before, during and after her rounds. Even as the tournament reached its climax, she ate sweets and joked with her caddie up the 17th and 18th fairways.Then there is her manager, Hiroshima Shigematsu, who ‘dresses up to make her smile’. On Saturday he wore a Samurai warrior outfit with a blue wig and a plastic sword. The wig remained on Sunday, only this time he was wearing a clown mask.Then after clinching a popular victory at Woburn, becoming only the second Japanese player to win a major championship after Chako Higuchi at the 1977 Women’s PGA Championship, Shibuno giggled while reading a pre-prepared acceptance speech in English.She was ranked 44 in the world on her arrival at Woburn, where she was surprised to see trees having admitted she thought it would be a Links course, but she leaves Buckinghamshire £540,000 richer with scores of new admirers.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Japan’s Hinako Shibuno birdied the last hole to clinch a stunning win in the Women’s British Open at Woburn.Shibuno, 20, led by two shots overnight but was soon caught by USA’s Lizette Salas in a thrilling final round.last_img read more