An effective vaccine could be the turning point for value stocks, but perhaps not just yet

first_img– Advertisement – – Advertisement – Value stocks have been on a tear in the last week after positive vaccine news from Pfizer and BioNTech raised hope of the U.S. economy staging a fast recovery next year. However, investors loading up on beaten-down value names should brace for some volatile swings as risks to the group linger.The iShares Russell 1000 Value ETF (IWD) rallied 5.7% last week after Pfizer and BioNTech said Monday that their coronavirus vaccine candidate was more than 90% effective at preventing the coronavirus during a late-stage trial. Value’s gain came at the expense of high-flying growth stocks. The iShares Russell 1000 Growth ETF (IWF) lost 1.2% last week.center_img Traders work the floor of the New York Stock Exchange.NYSElast_img

DONEGAL VEC TO SET UP BULLYING BODY IN WAKE OF ERIN AND SHANNON’S DEATHS

first_imgDonegal Vocational Education Committee is to set up a specialist panel to deal with bullying in its schools.The late Erin and Shannon GallagherIt comes six months after the tragic deaths of Ballybofey schoolgirls Erin and Shannon Gallagher.Erin, 13, a pupil at Finn Valley College in Stranorlar, was found dead last October amid claims she was subjected to sustained online abuse and bullying. Her sister Shannon, 15, also took her own life just weeks later.Donegal VEC is now planning to establish a board of individuals who will investigate complaints of harassment and bullying within the facility.The group will first look at the current complaints procedures in relation to bullying and harassment and how they can b improved.It comes as Erin and Shannon’s mum Lorraine revealed plans to sue Donegal VEC for negligence and breach of duty. Donegal Daily revealed last last December how Ms Gallagher, 37, instructed her solicitor to send a letter to Donegal VEC. The letter from Gallagher and Brennan Solicitors last year to the organisation refers to Erin.“From our instructions it is quite clear that Erin Gallagher, deceased, was subjected on a weekly basis, to a persistent, prolonged, aggressive campaign of both mental and physical torture, bullying, abuse, harassment, assaults and intimidation and was afforded little, if any, protection by you, your servants and/or servants.”The solicitor outlines that the impact of this coupled with the “physical, emotional and psychological abuse” has resulted in devastating consequences for Lorraine and her family.Solicitor Patsy Gallagher said his client also intends to take similar proceedings against the HSE in the future.The Ballybofey mother said that she has no doubt Erin’s suicide directly led to her older sister Shannon’s death. She believes her daughter should have been on suicide watch.CEO of Donegal VEC Shaun Purcell confirmed that he received contact from Lorraine’s legal team, which has been passed on to their legal representatives.However, he said they could not discuss legal matters at this time.DONEGAL VEC TO SET UP BULLYING BODY IN WAKE OF ERIN AND SHANNON’S DEATHS was last modified: June 2nd, 2013 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Donegal VECErin GallagherPatsy Gallaghershannon gallagherlast_img read more