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Tuesday, 30 April 2013
Saturday, 27 April 2013
Living with Google Glass, Day Two: Around the House
"You look ridiculous." This was not exactly the reaction I was hoping to receive from my wife the first time she saw me wearing Glass. She was long-since asleep when I arrived late the night before, and so had missed my triumphant, technologically augmented homecoming. I confess Google Glass is a bit odd-looking, but my wife is even more of a hardcore Trekker than I am and I thought somehow this headgear would channel her deep-seated love for bizarre, high-tech facial appendages.
Nope. She wasn't the least bit impressed. When she tried them later, she came around a bit, but spent more time saying the silicon grippers pinched her nose than reveling in the potential future applications of such technology. You can't please everybody.
Filed under: Wearables, Google
Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/szN8l0g6e6k/
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Friday, 26 April 2013
Higher fares help Southwest Airlines' profit
This March 13, 2010 photo, shows a Southwest Airlines plane in Burbank, Calif. Southwest Airlines Co. reports quarterly financial results before the market open on Thursday, April 25, 2013. (AP Photo/Paul Sakuma)
This March 13, 2010 photo, shows a Southwest Airlines plane in Burbank, Calif. Southwest Airlines Co. reports quarterly financial results before the market open on Thursday, April 25, 2013. (AP Photo/Paul Sakuma)
DALLAS (AP) ? Higher fares helped Southwest Airlines make more money than Wall Street expected in the first quarter, but the company said Thursday that automatic federal spending cuts could hurt revenue in April.
The average passenger fare on Southwest is now more than $150 one-way, 4 percent higher than a year ago.
The airline also said that a new policy on no-shows will start next month.
Southwest's first-quarter net income fell 40 percent to $59 million, or 8 cents per share. That's down from earnings of $98 million, or 13 cents per share, a year ago.
Without gains from fuel-hedging contracts, Southwest would have earned 7 cents per share, topping analysts' forecast of 2 cents per share.
Revenue totaled $4.08 billion, up 2 percent from a year ago. Analysts expected $4.07 billion, according to FactSet.
Southwest shares rose 27 cents, or 2 percent, to $13.69 in pre-market trading.
Southwest said that revenue was weaker than expected in March and so far in April. Automatic budget cuts that went into effect in March have caused federal agencies to cut back on travel. The company said that it's "cautious" because of the potential effect of those cuts, but that recent bookings for May and June are "solid."
Other airlines have also seen damage from the federal spending cuts. US Airways said this week that revenue from government workers plunged 37 percent in March. Government travel counts for 3 percent of US Airways' revenue.
At Southwest, lower fuel prices have offset the slump in revenue in April. Fuel is the airline's biggest expense. It's first-quarter fuel bill fell 3.5 percent compared with the same period last year, to $1.46 billion.
Southwest estimated its second-quarter fuel cost at $3 to $3.05 per gallon, less than a year ago and below its forecast for 2013.
Southwest also unveiled details of a new no-show policy. The airline will start dinging some customers who fail to cancel their reservations and then don't show up for the flight. Beginning with reservations made on or after May 10, no-shows will lose the value of the unused part of their itinerary and the rest of the reservation will be canceled.
The change will cover people who buy cheaper, nonrefundable tickets that the airline calls Wanna Get Away and Ding fares.
Unlike most airlines, Southwest doesn't charge a fee to change a ticket, and it lets customers apply the amount of unused tickets to new bookings. But the airline believes that the policy results in seats going unsold when passengers fail to show up.
Southwest doesn't charge for the first two checked bags, but it has added and increased other fees such as priority boarding recently.
"We are pleased with the early results from revenue initiatives implemented in first quarter 2013 and are excited about the incremental benefit expected for future periods," CEO Gary Kelly said in a statement.
The average fare on Southwest rose to $152.29. It was $146.72 a year ago.
.
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Stocks edge lower as economic growth disappoints
NEW YORK (AP) ? Stock indexes are edging lower in early trading on Wall Street after the government reported U.S. economic growth that wasn't as strong as economists had forecast.
The Dow Jones industrial average slipped two points to 14,694 shortly after the opening bell Friday.
The Standard & Poor's 500 index was down three points at 1,581, or 0.2 percent.
The Nasdaq composite was off eight at 3,281, or 0.3 percent.
The government reported that the U.S. economy expanded at an annual rate of 2.5 percent in the first three months of the year. That's better than the 0.4 percent growth rate in the final three months of last year, but not as strong as the market had been expecting.
Homebuilder D.R. Horton jumped 6 percent after reporting a surge in revenue.
Source: http://news.yahoo.com/stocks-edge-lower-economic-growth-disappoints-134959349.html
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Top Blogging Sites | Content for Reprint
Word Count: 1031 Date:
At the present time, your online business needs a strong focus on Website marketing. Promoting yourself and your website online is vital to the success of your business. If you're not engaged in Online marketing already, now's the time to begin. Before you get started, make sure you check out these marketing tips to help you promote your web business.
Give something away to those visiting your website. One of the most popular giveaways used by online businesses is an interesting and relevant article. For example, if you are a general contractor, you might have a good article of home repair tips for your customers to download. This tells customers that you care about what is important to them.
Use persuasive words in your emails to customers, encouraging them to take a specific action. Actions you want customers to take can range from purchasing a product, visiting a page on your site or subscribing to your ezine. Since you can track these actions, you will be able to see how effective your marketing efforts are.
There is no exact formula to internet marking, rather it is half art and half science. You must research the online advertising methods that are effective within your industry and learn about newly designed techniques. This can sometimes be challenging.
Whatever claims you make in your website advertizing about top blogging sites, make sure you can back it up with facts. If people believe you are trying to sell them something, they are likely to be distrustful. Credibility is key; augment your sales pitch with support like references, customer testimonials and fact-based evidence. Unless you can substantiate your claims, you run the risk of appearing dishonest or lazy in the eyes of your prospective customers.
To advertise your product, you should create a sort of FAQ. For each issue or question, write a helpful answer, and be sure to mention your products as a solution. Write your questions with this in mind, giving yourself the subtle opportunity to promote your wares.
Affiliate marketing takes a lot of work and research. Choose a trusted mentor that you admire online. Many veteran internet marketers give out free advice, and some mentor newbies for a fee. Once you have chosen a technique you want to try, stick with it until it proves profitable or shows that you need to move on to a new technique. You may have a slow start, but in the end, it will be well worth the effort.
Customers should be able to provide a rating for products in your listing. Additionally, at your discretion, you can allow them to write a review of a product they have purchased. Not only can these reviews help you improve your products, but they allow potential customers to feel more confident in their purchasing decision.
Always avoid spam. Web crawlers, which quickly post hundreds or thousands of comments in a short amount of time, rarely produce the desired effect for your business. Instead, the lack of personalization when advertising could turn your customers off and cause them to become less interested.
Make sure the design of your website on blogging for dummies, makes your links highly visible. This will give the people interested in you, more ease when looking through your website. All of your information will not be hidden away in obscure links that no one can seem to find.
Always try to keep your content fresh and current on your website. If your site only contains dated information, potential customers may think the website is old or your company is closed. A website that is user-friendly and up-to-date is inviting for readers.
Tailor versions of your website to different audiences worldwide. Translate the content into multiple languages so that people all over the world can read your site. This is a potent approach to increase global sales. Customers who can read your website in their own language are more likely to make a purchase from the site.
Ask major companies to add your link to their site, this will make you more credible. Visitors will see these familiar and trusted names on your site and have a tendency toward association, giving you the benefit of the doubt as well as a favorable customer image. In the future, their larger customer base will think of you when they think of them.
Design your banners to be subtle and not annoying to visitors to your website. Do not let them know that it is really a link. Many people do not click banners, but they will not hesitate to click a link that will lead them to more info.
When marketing your business online, it's important that you make your customers feel as if they're in control. This might require you to set up your content in such a way that the customer actually dictates the flow. This is important today in a marketing world full of spam and unwanted opinions. Always have a link people can click on if they wish to discontinue emails from you.
Create a 500 error page that is user-friendly. This happens when your code does not work properly. A boring page that gives this message may annoy your potential customer. You can inform your customers that you know about the problem and are working on resolving it in by better methods than resorting to the generic error page.
Change around the links you use in your emails. Emails that are always the same are the ones that are most often ignored. Customers don't like seeing the same thing repeatedly, and it's important to offer variation to keep them engaged.
Most of the tactics you'll learn about are very easy to implement. You just need to make sure you implement them correctly. There are several approaches for this. So much information is at your disposal to begin to reap the rewards. By following these tips, you are well on your way to becoming a successful internet marketer.
Businesses go to so much trouble when there is one sure-fire, simple, very inexpensive way to attract new clients to a business: Teach a free class. That is what article marketing is like. Your articles are just like free classes. You teach your target readers something helpful in your article. Your resource box then says, "If you enjoyed this article you can visit my website and apply what you have learned."
Being an entrepreneur and earning multiple streams of income is a dream that many have, but in reality it does take some initial hard work to achieve this. Earning multiple streams of income is the wave of the future, and here are some tips and advice for you when you are looking for ways in which to do this for yourself.
Starting a home based business to earn income online takes a significant amount of time and energy upfront to get things going. Not seeing results immediately can be discouraging and cause people to give up too early. In this article, we look at the process of starting a home based business and working through the frustrations to be there when the sales come flowing in.
Cyber marketing has now become an indispensable segment of e-commerce as well as the internet and World Wide Web related topics. Cyber marketing simply refers to a technique of attracting potential customers by advertising your products or services through such means as websites, emails, and banners.
If you want your SEO to work you now need to concentrate on appeasing Google Panda, and to do this you need to know what Google Panda's spiders/bots will be looking for. Find out here how to search engine optimise your website for the latest Google Panda algorithm, and achieve the success you deserve.
Source: http://www.content4reprint.com/internet-marketing/top-blogging-sites.htm
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The Top Home Improvement Tricks Of The Pros | floorkitchenbath.com
TIP! If a designer is out of your price range, it is time to do your own research. You can get a lot of information and inspiration from books, magazines and websites.
You have a home improvement list that seems overwhelming. Does this remind you of anyone? Many people avoid home improvement projects because they feel under-qualified. With any luck, this piece will assist you with getting your home updated.
TIP! When replacing locks, you have two options. You can only replace the cylinder or you can replace the whole assembly.
You can use spackle and some paint to fill tiny holes in walls. Spackle can be found at the local home improvement store. If the holes are small, you won?t need that much spackle. You can fill the small holes by applying the spackle with the end part of any bobby pin. Once it dries try smoothing the hole with a card so that it is flush. Roll or brush on paint. The holes will be gone in no time.
TIP! To focus on the pretty elements at the front your house, use outdoor accent lighting that faces down. You can even place lights in a tree so it looks like natural light.
You should talk to your neighbors and local government about drainage before doing any major work on your landscaping. Your property needs all of its water drained if you want good landscaping. Your neighbors won?t want you dumping it on their yard. You can coordinate drainage plans, however it requires clear communication.
TIP! Remember to get safety equipment when you?re picking up your home improvement supplies. Get safety gloves, hard hats, steel-toed boots, and gloves if you need them.
Use your old luggage rack as a table in another area of the house. Remove the glass portion of a big picture frame and attach it to your luggage rack by using a strong adhesive. Add some books, a pretty lamp, and your side table is complete.
TIP! Have you been wondering if you should use vinyl siding to improve your home? If you?re looking to get the most out of an investment when selling a home, installing vinyl siding is ideal. It?s reported that homeowners recoup about 80% of what they put into the siding.
Hot water heaters should be drained twice a year. Your water heater should last a lot longer and be more efficient. Just put a hose on the drain value and release the water.
TIP! Before starting a new project, thoroughly clean your home. By cleaning, you can look at your home from a new perspective and opt for what needs to be done the most.
Try planting a tree as an inexpensive way to improve the curb appeal of your home. Landscaping your yard will significantly increase your home?s value. Trees planted now are sure to provide appealing amounts of shade down the road. You can also save when it comes to cooling costs by putting a tree in the right spot.
TIP! If you?re not finding a good color of grout for your needs, you can make a custom color. Find acrylic paint for crafts at your local hobby or craft store.
Before summer arrives, you should check out your deck?s condition. Look for rotting wood, as this can cause a lot of issues down the road. You are sure to be ready for summer, and you will save money over the long term.
TIP! To give your bathroom a fun and modern appeal, change your faucet! Most people think that a faucet cannot be replaced without the assistance of a professional plumber. The directions which come with it will guide you through the process.
After several sunny days, check the water resistance of your deck by putting some water on the surface. You?ll know you need to treat it again if the water just soaks right into the decking. Keep your deck in good condition by adding sealant before winter.
TIP! You need to cover floor surfaces anytime you paint. It can be hard to clean paint from hardwood or carpeted floors.
Green improvements are always great to do in your home. Green projects will add a lot of value to your home. Not only will you be striking a blow for the environment by installing a high-efficiency heater or air conditioner, you?ll also enjoy considerable savings on your energy bills and a house that?s comfortable all year round.
TIP! If you plan to paint your room, put down a drop cloth to protect the flooring. Lots of folks fail to realize that removing paint from the floor and rug can be quite hard.
When comparing different contractor?s quotes, don?t just focus on the dollar amount. Other things you should consider include time to complete the project, warranties and previous reputation. This will give you a better understanding of what you will get.
TIP! To make your house more inviting, think about what others see as they approach your home. A good looking yard is a great place to begin.
You do not need to be a contractor to do home improvements. Even those with little experience can accomplish great things when they are given the right knowledge. The above article is meant to provide you with information that can help you begin the process of making home improvements. Use these tips to start projects today.
Source: http://www.floorkitchenbath.com/the-top-home-improvement-tricks-of-the-pros/
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Hillary Clinton has big lead in New Hampshire 2016 primary race (Washington Bureau)
Einstein's gravity theory passes toughest test yet
Apr. 25, 2013 ? A strange stellar pair nearly 7,000 light-years from Earth has provided physicists with a unique cosmic laboratory for studying the nature of gravity. The extremely strong gravity of a massive neutron star in orbit with a companion white dwarf star puts competing theories of gravity to a test more stringent than any available before.
Once again, Albert Einstein's General Theory of Relativity, published in 1915, comes out on top.
At some point, however, scientists expect Einstein's model to be invalid under extreme conditions. General Relativity, for example, is incompatible with quantum theory. Physicists hope to find an alternate description of gravity that would eliminate that incompatibility.
A newly-discovered pulsar -- a spinning neutron star with twice the mass of the Sun -- and its white-dwarf companion, orbiting each other once every two and a half hours, has put gravitational theories to the most extreme test yet. Observations of the system, dubbed PSR J0348+0432, produced results consistent with the predictions of General Relativity.
The tightly-orbiting pair was discovered with the National Science Foundation's Green Bank Telescope (GBT), and subsequently studied in visible light with the Apache Point telescope in New Mexico, the Very Large Telescope in Chile, and the William Herschel Telescope in the Canary Islands. Extensive radio observations with the Arecibo telescope in Puerto Rico and the Effelsberg telescope in Germany yielded vital data on subtle changes in the pair's orbit.
In such a system, the orbits decay and gravitational waves are emitted, carrying energy from the system. By very precisely measuring the time of arrival of the pulsar's radio pulses over a long period of time, astronomers can determine the rate of decay and the amount of gravitational radiation emitted. The large mass of the neutron star in PSR J0348+0432, the closeness of its orbit with its companion, and the fact that the companion white dwarf is compact but not another neutron star, all make the system an unprecedented opportunity for testing alternative theories of gravity.
Under the extreme conditions of this system, some scientists thought that the equations of General Relativity might not accurately predict the amount of gravitational radiation emitted, and thus change the rate of orbital decay. Competing gravitational theories, they thought, might prove more accurate in this system.
"We thought this system might be extreme enough to show a breakdown in General Relativity, but instead, Einstein's predictions held up quite well," said Paulo Freire, of the Max Planck Institute for Radioastronomy in Germany.
That's good news, the scientists say, for researchers hoping to make the first direct detection of gravitational waves with advanced instruments. Researchers using such instruments hope to detect the gravitational waves emitted as such dense pairs as neutron stars and black holes spiral inward toward violent collisions.
Gravitational waves are extremely difficult to detect and even with the best instruments, physicists expect they will need to know the characteristics of the waves they seek, which will be buried in "noise" from their detectors. Knowing the characteristics of the waves they seek will allow them to extract the signal they seek from that noise.
"Our results indicate that the filtering techniques planned for these advanced instruments remain valid," said Ryan Lynch, of McGill University.
Freire and Lynch worked with a large international team of researchers. They reported their results in the journal Science.
The National Radio Astronomy Observatory is a facility of the National Science Foundation, operated under cooperative agreement by Associated Universities, Inc.
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The above story is reprinted from materials provided by National Radio Astronomy Observatory.
Note: Materials may be edited for content and length. For further information, please contact the source cited above.
Journal Reference:
- J. Antoniadis, P. C. C. Freire, N. Wex, T. M. Tauris, R. S. Lynch, M. H. van Kerkwijk, M. Kramer, C. Bassa, V. S. Dhillon, T. Driebe, J. W. T. Hessels, V. M. Kaspi, V. I. Kondratiev, N. Langer, T. R. Marsh, M. A. McLaughlin, T. T. Pennucci, S. M. Ransom, I. H. Stairs, J. van Leeuwen, J. P. W. Verbiest, D. G. Whelan. A Massive Pulsar in a Compact Relativistic Binary. Science, 2013; 340 (6131): 1233232 DOI: 10.1126/science.1233232
Note: If no author is given, the source is cited instead.
Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.
Source: http://feeds.sciencedaily.com/~r/sciencedaily/matter_energy/physics/~3/1WiPm0QUO_o/130425142250.htm
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Clashes suggest Sunni anger boiling over in Iraq
BAGHDAD (AP) ? With Sunni gunmen beginning to confront the Shiite-led government's security forces head-on in northern and western Iraq, fears are growing fast of a return to full-scale sectarian fighting that could plunge the country into a broader battle merged with the Syrian civil war across the border.
With more than 100 people killed over the past two days, it's shaping up to be the most pivotal moment for Iraq since U.S. combat troops withdrew in December 2011.
"Everybody has the feeling that Iraq is becoming a new Syria," Talal Younis, the 55-year-old owner of a currency exchange in the northern city of Mosul, said Wednesday. "We are heading into the unknown. ... I think that civil war is making a comeback."
A crackdown by government forces at a protest site in the northern town of Hawija on Tuesday triggered the latest unrest. It has enraged much of the country's restive Sunni Arab minority, adding fuel to an already smoldering opposition movement and spawning a wave of bold follow-up clashes.
It is too soon to say whether the rage will lead to widespread insurrection in the largely Sunni cities of Mosul and Ramadi or, more significantly, spiral into open sectarian warfare in the streets of Baghdad.
The Iraqi capital is far more tightly controlled by security forces than the remote towns hit by the latest unrest, but insurgents continue to launch regular, well-coordinated waves of attacks inside Baghdad. Outright threats that all but disappeared as the last bout of sectarian fighting waned in 2008 are making a comeback too, like the leaflets signed by a Shiite militant group that began turning up on the doorsteps of Sunni households in Baghdad earlier this year.
The exact circumstances of the Hawija bloodshed remain murky, but there is outrage over the government's handling of the unrest and the fact that most of the 23 killed at the site were among the Sunni demonstrators.
Talal al-Zobaie, a Sunni lawmaker from the opposition Iraqiya bloc, described this week's events as a pivotal moment for the country.
"The crime in Hawija clearly shows that people have lost faith in their armed forces, which have been turned into a tool in the hands of the prime minister," he said. "Some people now think that the only way to protect themselves is to take up arms."
The raid in Hawija sparked clashes and a spate of other attacks, mostly targeting Sunni mosques, that killed at least 56 people on Tuesday. Raids by Sunni gunmen on army checkpoints broke out in the hours following the protest camp raid and continued into Wednesday.
In the most dramatic incident, armed tribesmen sealed off approaches to the Sunni town of Qara Tappah, about 120 kilometers (75 miles) northeast of Baghdad. When Iraqi troops backed by helicopters arrived to try to clear the makeshift roadblocks, fierce clashes erupted. Police say 15 gunmen and seven soldiers were killed.
Sunni tribesmen also battled soldiers throughout Wednesday in the town of Suleiman Beg, about 150 kilometers (95 miles) north of Baghdad. Four soldiers and 12 others, including gunmen, were killed.
The sense that violence could be spreading from a local dispute to other parts of the country is particularly worrying to many Iraqis.
"This could open the door for broader clashes if things are not contained soon," said Mahmoud Othman, a Kurdish lawmaker. "Hawija is a small town and it can be controlled, but the real problem will arise if Mosul or Ramadi decide to enter the armed struggle," he said.
Three gunmen were killed Wednesday when they attacked a security checkpoint near the former al-Qaida stronghold of Mosul, about 360 kilometers (225 miles) northwest of Baghdad.
Later, a car bomb struck a police patrol north of Baghdad, killing a policeman and two civilians. Another car bomb exploded after sunset near a bus stop in Baghdad's mostly Shiite neighborhood of Husseiniyah, killing seven people and wounding 23.
Hospital officials confirmed the casualty figures. All officials spoke on condition of anonymity because they were not authorized to release the information to reporters.
Human Rights Watch urged Iraqi authorities to ensure that any investigation into the Hawija killings Tuesday take into account allegations that security forces used excessive force. The rights group noted that there have been reports that security forces attacked demonstrators without provocation.
Iraq's Defense Ministry said it entered the protest area to try to make arrests over an attack on a nearby checkpoint several days earlier, and its forces came under heavy fire from several types of weapons, as well as from snipers.
"This is one of those cases where ... a singular spark escalates tensions and mobilizes the population for renewed conflict," said Ramzy Mardini, an analyst at the Beirut-based Iraq Institute for Strategic Studies.
"War fatigue in Iraq is losing its pacifying effects and the rationale to pick up arms and fight again is finding fertile ground in Sunni land(s)."
The increasingly sectarian lines drawn in the Syrian civil war and the rise of Sunni Islamists in the region in the wake of the Arab Spring is also having an effect on the Sunni protest movement playing out in Iraq, he noted.
Syrian President Bashar Assad's regime is fighting against largely Sunni rebels who draw support from Turkey and Sunni Gulf states. Assad's Alawite sect is a branch of Shiite Islam, and his regime is backed by Shiite powerhouse Iran.
"Given what's happening at the regional level, there's a dangerous mixture of Sunni hubris and Shiite fear. These emotions coupled with political volatility and uncertainty renders an environment where miscalculations are most likely to occur," Mardini said.
At the same time, recent local elections ? which have not yet been held in two largely Sunni provinces ? have put Iraqi politicians of all stripes in campaign mode, and playing up their sectarian credentials is a way to rouse voters.
"You're not going to find Sunnis urging for calm," Mardini said. "Most ... are still in the mode of rabble-rousing and throwing the reddest of meats to a discontent and frustrated electorate."
Tuesday's bloodshed followed four months of largely peaceful protests staged by Iraq's Sunni minority against the government.
Many Sunnis are angered over what they see as an effort by Prime Minister Nouri al-Maliki to sideline members of their sect within the power-sharing government. They say they face discrimination, particularly in the application of a tough anti-terrorism law that they believe unfairly targets them. The government frequently carries out arrests in Sunni areas on charges of ties to al-Qaida or the deposed Baathist regime of Saddam Hussein, a Sunni.
Emma Sky, a key civilian policy advisor for U.S. Army Gen. Ray Odierno when he was the top U.S. military commander in Iraq, said the events in Hawija exacerbate concerns that the conflicts in Syria and Iraq are merging.
"The fear is that the post-World War I settlement is unraveling," she said, referring to the agreement between Britain and France that divided up the heart of the Middle East and drew the modern borders of Syria and Iraq.
"The way to inoculate Iraq against all of this is national unity," she said. "If Iraq had wise politicians who actually came together for the good of the country, it could go in a different direction."
___
AP writers Sameer N. Yacoub and Sinan Salaheddin contributed reporting.
___
Follow Adam Schreck on Twitter at http://twitter.com/adamschreck
Source: http://news.yahoo.com/clashes-suggest-sunni-anger-boiling-over-iraq-203721253.html
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Thursday, 25 April 2013
Wall Street climbs on earnings, but Exxon and 3M drag
By Chuck Mikolajczak
NEW YORK (Reuters) - Stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3M Co capped the advance.
United Parcel Service Inc
Akamai Technologies Inc surged 18 percent to $42.59 as the best performer on the S&P 500 after the internet content delivery company posted first-quarter earnings above Wall Street estimates and forecast second-quarter results above analysts' expectations late on Wednesday.
"Investors coming into this earnings season were quite fearful, so even modestly positive news becomes great news and that is what we've experienced for the last several days," said Lawrence Creatura, portfolio manager at Federated Investors in Rochester, New York.
"It's probably a little early in the earnings season to talk about aggregate results but it's important to recognize that earnings are growing and so higher prices are deserved."
But declines in ExxonMobil and 3M Co briefly dragged the Dow into negative territory and curbed gains on the S&P 500.
ExxonMobil Corp
Fellow Dow component 3M Co
Economic data showed initial claims for state unemployment benefits in the latest week dropped 16,000 to a seasonally adjusted 339,000 versus expectations for 351,000.
The Dow Jones industrial average <.dji> gained 8.02 points, or 0.05 percent, to 14,684.32. The Standard & Poor's 500 Index <.spx> added 4.48 points, or 0.28 percent, to 1,583.27. The Nasdaq Composite Index <.ixic> rose 18.60 points, or 0.57 percent, to 3,288.25.
Cliffs Natural Resources Inc
Qualcomm Inc
Companies expected to post earnings after the close include Amazon.com Inc and Starbucks
Verizon Communications Inc
Earnings season has been largely positive, with 68.4 percent of S&P 500 companies that have reported results through Wednesday morning beating expectations, according to Thomson Reuters data through Tuesday morning. Since 1994, 63 percent have surpassed estimates on average, while the beat rate is 67 percent for the past four quarters.
Analysts see earnings growth of 3.1 percent this quarter, up from expectations of 1.5 percent at the start of the month.
Revenues, however, have been disappointing, with only 40.1 percent of 119 reported companies having topped expectations, well short of the 62 percent average since 2002 and the 52 percent beat rate for the past four quarters.
(Editing by Bernadette Baum)
Source: http://news.yahoo.com/stock-index-futures-signal-slightly-higher-open-081750934--finance.html
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Wednesday, 24 April 2013
Flights are delayed at major East Coast airports as sequester-related furloughs begin (Washington Post)
World stocks fall after China production slips
BANGKOK (AP) ? World stock markets were mostly lower Tuesday after China's manufacturing growth slowed in April, adding to worries about the health of the world's second-largest economy.
A preliminary survey by HSBC Corp. said its monthly purchasing managers' index fell to a worse-than-expected 50.5 from March's 51.6 on a 100-point scale. That comes on top of data released last week that showed an unexpected slowdown in China's first-quarter economic growth.
"It builds on that picture last week and fears of a moderating growth scenario in China," said Ric Spooner, chief market analyst at CMC Markets in Sydney. "That set a negative tone."
Wall Street appeared set for losses. Dow Jones industrial futures fell 0.3 percent to 14,453 while S&P 500 futures shed 0.4 percent to 1,549.90. European stocks were mixed. Britain's FTSE 100 added 0.3 percent to 6,298.92. Germany's DAX fell 0.4 percent to 7,446.25. France's CAC-100 advanced 0.8 percent to 3,683.85.
Investors this week will be turning their focus to corporate profits. About a third of the companies in the S&P 500 index will report earnings this week. Later Tuesday, Apple Inc., AT&T and DuPont Co. will be among companies reporting earnings.
Asian stocks closed lower. Hong Kong's Hang Seng shed 1.1 percent to 21,806.61. Mainland China's Shanghai Composite Index tumbled 2.6 percent to 2,184.54. The Shenzhen Composite Index plunged 2.7 percent to 923.42.
Japan's benchmark Nikkei index slipped as the yen gained ground against the dollar. The Nikkei 225 in Tokyo fell 0.3 percent to close at 13,529.65. Benchmarks in Singapore, Taiwan and Indonesia also fell. Australia's S&P/ASX 200 rose 1 percent to 5,016.20.
European stocks rose Monday in response to the weekend re-election of Giorgio Napolitano as president of recession-mired Italy. He can now dissolve Parliament and call new elections, something he could not do in the final months of his first term. The country has been hobbled by political gridlock after inconclusive elections in February.
However, Michael Hewson, senior market analyst at CMC Markets in London, suggested in a commentary that Napolitano's selection by parliament reflected Italy's political chaos and the inability of its lawmakers to agree on a candidate apart from the incumbent who was planning to retire.
"Despite the optimism the inescapable fact remains that it is a sad state of affairs when an 87 year old man has to stand for re-election in an attempt to try and move the country forward."
Among individual stocks, Australia's Woodside Petroleum shot up 9.7 percent after the oil and gas company announced a special dividend and increased its dividend payout ratio after cutting a major LNG project.
Virgin Australia Holdings jumped 4.6 percent after the airline received approval from Australia's competition regulator for a takeover of budget rival Tiger Airways.
Benchmark oil for June delivery was down $1.08 to $88.11 per barrel in electronic trading on the New York Mercantile Exchange. The contract for May gained 75 cents to close at $88.76 on the Nymex on Monday.
In currencies, the euro fell to $1.2979 from $1.3060 late Monday in New York. The dollar fell to 98.72 yen from 99.42 yen.
___
Follow Pamela Sampson on Twitter at http://twitter.com/pamelasampson
Source: http://news.yahoo.com/world-stocks-fall-china-production-slips-092122412--finance.html
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Flooding turns spotlight on insurance | Fox 59 News ? fox59.com
Families continue cleaning their homes after major flooding across the area.
State officials encourage people, who have damage due to severe weather and/or flooding, to report it. People can go online and report their damage. They can go to:?https://myoracle.in.gov/hs/damage/ia-public.do?method=active&incidentId=IA20130419121922.
It is unclear whether state officials will ask for federal assistance. State officials want to collect as much information from residents as possible. They want people to report damage sooner rather than later.
Steve Powell lives in Tipton. His master bedroom was flooded on Friday. He cleaned his home?over the weekend -like many of his neighbors. On Monday, people continued cleaning their homes and placing piles of furniture outside. Powell has flood insurance.
??I got (the) carpet. (The) bed (was) saved (and) all the clothing. I don?t know if we?re going to have to rip out the bathroom,? Powell said.
?Powell has spoken with his adjuster. He has?had a?number of dryers in his master bedroom since Saturday.
?Deana Montgomery was rescued from her home on Friday. She lives close to Powell.? She was one of about 33 people who were rescued from her home.
?Montgomery has flood insurance as well.
??It took me a good 24 hours to get my head wrapped around what we needed to do to get started,? Montgomery said.
??We?ve had a couple floods before, but nothing this drastic,? she said.
?The Indiana Department of Insurance said people should go online to www.floodsmart.gov?for more information about flood insurance.
?Laura?Wegmann is the communications director for the department. She said people should be prepared before and after it floods. Whether people live within a flood plain or not, she said, the website will inform people about getting?coverage based on their address.
Wegmann?said if people purchase a policy today, it would take 30 days before the person has coverage.
?It?s best to document very carefully all your damages (and to) make sure to take photos. (You should) write down the object serial number and make and model and that sort of thing,??Wegmann said.
Powell said that is what his adjuster told him to do.
?He sent (us) the paperwork to fill out and the task falls upon us to document everything and send (it to) him so he can file the report,? Powell said.
Wegmann said people need to know that homeowner?s insurance does not cover flood loss.
Source: http://fox59.com/2013/04/22/flooding-turns-spotlight-on-insurance/
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Huawei has lost interest in US market for its network gear after inquiries
In recent months scrutiny has intensified over the involvement of Chinese companies in US networking infrastructure, and as a result Huawei announced it's through trying to crack the market. Financial Times quotes VP Eric Xu saying that it is "not interested in the US market anymore" after years of efforts to count US operators among its customers. Ranked as the world's #2 telecom equipment maker, it's now recalibrating sales expectations for the next few years down to $10 billion by 2017 from the $15 billion it projected in more optimistic times. Reuters reports Xu didn't answer questions about any expansion of its handset business, so while Europe may be looking forward to new phones, we doubt the A199 is coming over here.
Filed under: Mobile
Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/fZpuG782mKs/
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100 years later, a time capsule is opened
The First Lutheran Church of Oklahoma City dug up and opened its Century Chest, a time capsule that was buried under the church 100 years ago.
The artifacts inside the copper chest were remarkably well intact. Credit for that goes to the church's Ladies Aide Society, the group that buried the capsule a century ago. The group buried the chest in double concrete walls and under 12 inches of concrete, according Fox News. It also left guidelines on how to unearth the capsule.
The chest was full of treasures. Among the finds: a newspaper from the day the capsule was buried (April 22, 1913); a dress; a telephone; a flag; a pen used by President William McKinley; a camera; and a pair of women's shoes that still had their shine. Perhaps most remarkable was a phonograph record featuring voices of citizens from the era.
The Oklahoma Gazette reported that the project was the brainchild of Virginia Sohlberg. Her great-granddaughter, Virginia Eason Weinmann, was especially moved by a book that contained family photos and poetry.
Experts from the Oklahoma Historical Society worked with the church to make sure the objects were handled with care. All of the items will be displayed at the Oklahoma History Center.
Source: http://news.yahoo.com/blogs/sideshow/100-years-later-time-capsule-opened-185852550.html
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Solo Red Cup Party Ware
Leave it to the iconic symbol of college keg parties to come up with such an extensive line of party ware. The plastic red cup is no longer just for beer. It's moving away from beer pong and branching out in its party purpose. The red cup now comes in shot glass sizes and an extra-large 32 oz. beer size (our personal favorite). They're also shaped as wine glasses, margarita cups and even classy cocktail glasses.
Whether the red cup brings back great college memories or flashbacks of nights you wish to forget, this summer we think you can expect to see a lot of red cups -- thanks to the guys at Red Cup Living. Check them out below.
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Military shows off world's first crowdsourced tank design
How do you design a tank in the age of the Internet? Not by drawing up secret blueprints in underground labs, that's for sure. Instead, you make a huge toolbox available to thousands, and offer a million bucks to the one who comes up with the best design? That's what the Defense Department's research arm, DARPA, just did.
Ground Systems, a team of three people all living in different states, created the design shown here using DARPA's VehicleFORGE online tools. Thousands of parts, materials, and other parameters could be swapped out, tweaked, and modified in order to create a vehicle platform that would be powerful and efficient but also easy to build and repair.
The design isn't particularly futuristic itself, but shows how designing something as complex and powerful as tanks and weapons can be done effectively using Internet-era collaboration tools. Plus, the winning team pockets the cool million, as the design itself goes on to further testing by the military.
The "Fast, Adaptable, Next-Generation Ground Vehicle" (FANG) project opened for registration early last year, and the process of putting together teams and vehicles progressed slowly. Over 1,000 participants and 200 teams contributed, and all their work was evaluated using a rigorous set of requirements ? for instance, will this part require regular replacement, or be very expensive to manufacture?
As it turns out, the winning design looks a lot like the concept put forward by DARPA at the outset. But the point wasn't to design a science-fiction tank, but to make a drivetrain platform that meets basic needs in an affordable and innovative way.
The next step is for the platform to actually be built by DARPA's build team, iFab, based at Penn State University. If it succeeds in basic testing and manufacturing, it will be sent out for further evaluation at a facility in Michigan.
It's all part of the Tactical Technology Office's "Adaptable Vehicle Make" program, which is testing new methods for creating and testing systems like the FANG platform. If FANG proves successful, the process could potentially be applied to anything, from guns to aircraft.
Devin Coldewey is a contributing writer for NBC News Digital. His personal website is coldewey.cc.
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Tuesday, 23 April 2013
More Than a Pipe Dream
Texas Gulf Coast activist Hilton Kelley (hat, middle) and Bill McKibben lead an estimated 40,000 marchers for the Forward on Climate rally on Feb 17, 2013. Courtesy of Christine Irvine/Project Survival Media
It is perhaps fitting that Bill McKibben was among the first people arrested protesting climate change. After all, he had written The End of Nature, the first widely read book on the subject in 1989. At the time, though, he naively thought, as he often puts it now, that people would ?read my book, then change.? But after 10 years of complete governmental inaction, McKibben was ready to try a different tack. And so, on April 21, 2000?a day before Earth Day?he joined a small group of campaign-finance activists in the Capitol Rotunda, where they were arrested with a banner that read, ?Stop campaign contributions from global warmers.?
?That didn't accomplish much,? he said, thinking back on it now. ?It was maybe premature.?
McKibben should know. He has spent the better part of the next decade building a climate movement that in February showed up 50,000 strong on the National Mall in Washington, D.C. Days earlier he had been arrested again, his third and most recent such offense?but this time he was joined by representatives of the nation's largest environmental groups. Robert F. Kennedy Jr. of the Natural Resources Defense Council was there, as were the heads of Greenpeace and Friends of the Earth. But of particular significance was the presence of Sierra Club Executive Director Michael Brune?who broke with the organization's 120-year ban on civil disobedience by cuffing himself to the White House gate.
The occasion was not to stop something as extensive as campaign contributions but rather a single pipeline?the Keystone XL?which, if granted a special presidential permit, would carry dirty oil from Canada's tar sands region in Northern Alberta to the Texas Gulf Coast. McKibben and a few organizers, who now work for his climate group 350.org, had made this pipeline a national issue in August 2011 when they held two weeks of sit-ins in front of the White House. This protest, which led to 1,253 arrests, was the largest organized act of civil disobedience in the United States in decades. [Full disclosure: I was one of those arrested.]
Still, many consider the construction of the Keystone pipeline inevitable?after all, even 54 percent of Democrats support it. It's for this reason that critics such as New York Times columnist Joe Nocera have called the protests ?boneheaded.? They believe environmental action could be better spent on some other goal, like perhaps encouraging people to reduce their carbon footprint.
But these critics are missing something vital about the anti-Keystone movement: It was never about just a pipeline. McKibben and a handful of others had another, less talked about goal?to remake the environmental movement into something far more active, creative, and formidable for years to come. The gap that once existed between mainstream environmental groups and grass-roots activists has now largely dissolved, resulting in widespread action that has not been seen in the United States for decades?perhaps even since the first Earth Day in April 1970.
On that day, mainstream environmental groups with roots going back to the conservation movement of the early 20th century united with grass-roots activists for a day of teach-ins, influenced by the burgeoning student anti-war movement. Amid the thousands of demonstrations that took place across the nation, there was at least one major act of civil disobedience, in which 15 people were arrested for holding a mock funeral inside Boston?s Logan Airport. Interestingly enough, it was a sort of proto-climate protest against a supersonic plane and its accompanying release of water vapor?a major greenhouse gas.
After that Earth Day, however, the two strands of environmentalism largely went their separate ways, with mainstream groups preferring a more professional approach that took them to courtrooms, shareholder meetings, and the halls of Congress rather than street demonstrations. And for a time, that approach succeeded wildly, earning some of the most important and long-standing environmental gains in this country's history. But according to a 2012 report by the National Committee for Responsive Philanthropy, such efforts have yielded no "significant policy changes at the federal level in the United States since the 1980s." For perhaps no issue is that fact more clear than with climate change.
?We knew enough way back then to act,? says James Gustave Speth, who has advised two presidents on the environment and co-founded the Natural Resources Defense Council in 1970. ?When I was chair of President Carter's Council on Environmental Policy, we issued several reports calling for climate action. So much for my effectiveness.?
Speth has since turned to activism and was among the first people arrested during the two weeks of sit-ins outside the White House.
Source: http://feeds.slate.com/click.phdo?i=8a2d0e17667e6e04eccfb08abf14d1a5
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Scientist identifies protein molecule used to maintain adult stem cells in fruit flies
Apr. 22, 2013 ? Understanding exactly how stem cells form into specific organs and tissues is the holy grail of regenerative medicine. Now a UC Santa Barbara researcher has added to that body of knowledge by determining how stem cells produce different types of "daughter" cells in Drosophila (fruit flies). T
he findings appear today in the Proceedings of the National Academy of Sciences.
Denise Montell, Duggan Professor of Molecular, Cellular and Developmental Biology at UCSB, and colleagues studied the ovaries of fruit flies in order to see stem cells in their natural environment. Because these organisms are excellent models for understanding stem cell biology, researchers were able to shed light on the earliest stages of follicle cell differentiation, a previously poorly understood area of developmental biology. "It is clear that the fundamental principles that control cell behavior in simple animals are conserved and control the behavior of our cells as well," she said. "There is so much we can learn by studying simple organisms."
Using a nuclear protein expressed in follicle stem cells (FSCs), the researchers found that castor, which plays an important role in specifying which types of brain cells are produced during embryonic development, also helps maintain FSCs throughout the life of the animal. "Having identified this important protein molecule in fruit flies, we can test whether the human version of the protein is important for stem cells and their daughters as well," said Montell. "The more we know about the molecules that govern stem cell behavior, the closer we will get to controlling these cells."
Her research team placed the evolutionarily conserved castor (Cas) gene, which encodes a zinc finger protein, in a genetic circuit with two other evolutionarily conserved genes, hedgehog (Hh) and eyes absent (Eya), to determine the fates of specific cell progeny (daughters). What's more, they identified Cas as a critical, tissue-specific target of Hh signaling, which not only plays a key role in maintaining follicle stem cells but also assists in the diversification of their progeny.
The study also shows that complementary patterns of Cas and Eya reveal the gradual differentiation of polar and stalk precursor cells at the earliest stages of their development. In addition, it provides a marker for cell fates and insight into the molecular and cellular mechanisms by which FSC progeny diverge into distinct fates.
Follicle cells undergo a binary choice during early differentiation. Those that turn into specialized cells found at the poles of egg chambers go on to make two cell types: polar and stalk. The three genes, Cas, Eya and Hh, work in various combinations, sometimes repressively, to determine which types of cells are formed. Cas is required for polar and stalk cell fate specification, while Eya is a negative regulator of these cells' fate. Hh is necessary for Cas to be expressed, and Hh signaling is essential to repress Eya.
"If you just had one of these markers, it was hard to tell what's going on," explained Montell. "All the cells looked the same and you had no idea when or how the process occurred. But now we can actually see how the cells acquire different identities."
Hh also plays many roles in embryonic development, adult homeostasis, birth defects, and cancer. Hh antagonists are currently in clinical trials for the treatment of several types of cancer. However, Hh signaling is important in so many different cell types and tissues that systemic delivery of such inhibitors may cause serious side effects. Therefore identifying the essential, tissue-specific effectors of Hh has the potential to lead to the identification of more specific therapeutic targets.
Someday, targeted inhibition of Hh signaling may be effective in the treatment and prevention of many types of human cancers.
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The above story is reprinted from materials provided by University of California - Santa Barbara, via EurekAlert!, a service of AAAS.
Note: Materials may be edited for content and length. For further information, please contact the source cited above.
Journal Reference:
- Yu-Chiuan Chang, Anna C.-C. Jang, Cheng-Han Lin, and Denise J. Montell. Castor is required for Hedgehog-dependent cell-fate specification and follicle stem cell maintenance in Drosophila oogenesis. PNAS, April 22, 2013 DOI: 10.1073/pnas.1300725110
Note: If no author is given, the source is cited instead.
Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.
Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/3pFbpMK9yM4/130422154949.htm
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Monday, 22 April 2013
Fantastic Web Development To Have Perfect Business ... - Typepad
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Hope, this write-up will help you in identifying a perfect Cms for your trade. At the End, the options are ultimately yours hence, focus on your online business goals and pick flexible, powerful, user-friendly and secure Cms for your web design.
Effective SEO companies are able to coordinate every one of these aspects of SEO Services. It significant to do so very because haphazard presence will bring merely results. Dedicated SEO companies buy professionals that will often organize the Web marketing projects in a reputable and well planned and final result oriented way. SEO is doable that needs discreet professionals as are actually constant changes done by the top motors in algorithms. The recent Penguin innovation has shaken the ranking of many leading business web-sites.
For getting a great website design, implementing proper navigation must be important, as it may be improving the of the world wide web. It would retain the customers, while them committed to it. These viewers can convert in to sales. The following are some of the steps by that your web developer may well improve the all-around website navigation.
Outsourced workers site development can be more valuable from having it achieved locally. Outsourcing website services has important advantages for example technological agility, high-quality, skilled workforce, cost effectiveness and faster turn-around time.
inside I initially engaged web software outsourcing to do a particular one project for my dating website. I was considerably happy with those work that because of then I have engaged full spare time programmers from over the internet software outsourcing which company are continually trying on existing great features for us", said Andy Maccabe.
Source: http://reysammons.typepad.com/blog/2013/04/fantastic-web-development-to-have-perfect-business.html
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