Category: News

  • Bill Ackman: Here’s Why I’m Super-Bullish On Shopping Malls And The US Consumer

    ackman mall consumerLast year around this time, several publications (including us) ran stories about the death of the American mall.

    They were supposed to be a relic from the days of cheap gas, ever-expanding suburbs, and an American consumer with unlimited access to credit.

    But that was a premature obituary. Like many different things expected to die during the crisis, things have actually come back nicely.

    Investor Bill Ackman — who profited enormously on the way down — remains a super-bull on malls.

    The Investment Linebacker blog got a hold of his amazing presentation at the International Council of Shopping Centers on the state of mall REITs. We highly recommend checking it out.

    Check out our favorite charts and slides from the presentation >>

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  • Game Developer Won’t Edit ‘Aliens vs. Predator’ To Appease Australian Censors

    Rose M. Welch alerts us to the news that game developer Rebellion has decided not to resubmit an edited version of its game Aliens vs. Predator after it was rejected by the Australian Classification Board for being too violent. The company stated that it agrees the game is not suitable for children:


    “We agree strongly that our game is not suitable for game players who are not adults… it is bloody and frightening, that was our intent.”

    But Australia apparently doesn’t have an option for such “mature” content, and Rebellion seems to recognize how ridiculous that is:


    “We will not be releasing a sanitized or cut down version for territories where adults are not considered by their governments to be able to make their own entertainment choices.”

    Hopefully, things like this will make Australia reconsider its censorship of such content.

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  • blog post:Wanna Know a Secret?

    It could save your company a shed load of time and money…

    Interested?

    OK, here’s some research by Aberdeen Group, which I presented at several of the recent Solutions Expos. First off, the Mechanical Analysis Division’s customers choose Mentor’s tools because they recognise them as being the best. They don’t just make do with tools available as part of another software suite, as shown below in the graph below. (more…)

  • We Need 140,000 New Jobs A Month To Keep Unemployment From Going Higher

    Civilian Labor Force

    Asha Bangalore of Northern Trust estimates that the economy will need to add 140,000 jobs a month next year to keep unemployment flat (let alone bring it down).  Next year, the number may be a slightly lower but still high 86,000.

    Why?

    Because the “civilian labor force” grows about 1.2% a year (slightly slower in recovery years).  (See chart above.) As a result, we need an impressive number of new jobs each month just to stay even.

    Here’s Asha:

    The average growth of the civilian labor force in the last twenty years (1989-2008) was 1.2% and
    the median also works out to be 1.2%. During the business expansion of November 2001 –
    December 2007, the labor force grew at an average pace of 1.1% (median =1.1%). 

    For a steady unemployment rate, the rate of increase in employment should match the rate of
    growth of the labor force. Based on the average growth of the labor force in the last 20 years, it
    appears that roughly 140,000 jobs have to be created each month in 2010 to meet the increase in
    the labor force. We computed this number by using the level of employment in the household
    survey for November 2009 (138.502 million) as the starting point and raised the reading by 1.2%
    (growth of the labor force).  [Monthly increase in employment = 138.502 * 1.012=140.164,
    (140.164-138.502)/12 = 138,502 jobs per month].

    The labor force of the nation has recorded gains during the entire post-war period, with the exception of 1951. Data from the first eleven months of 2009 suggest that the labor force most likely held steady in 2009. The labor force typically grows at a sluggish pace compared with the historical average in the first year of an economic recovery (see chart 1), which leads us to
    consider a slightly lower growth rate for 2010.
    By implication, the prediction of the necessary
    increase in employment to match the growth of the labor force will be smaller than our estimate
    of approximately 140,000 per month.  Considering a 0.75% increase in the growth of the labor
    force (one standard deviation below the 1.2% growth rate) would roughly require 86,600 jobs per
    month.  The main result of this exercise is that employment has to increase roughly 86,600 each
    month in order for the unemployment rate to hold steady in the near term and a decline in the
    jobless rate would entail a much larger gain.

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  • ZenShell, new Windows Mobile shell looks pretty nice

    We have just stumbled over this demo of a new Windows Mobile today screen launcher/shell for Windows Mobile, and it looks pretty nice.

    The main feature which differentiates it from others appears to be its interesting use of screen real estate, which should suite our ever enlarging screens quite well. It also seems to borrow some ideas from our favourite UI design company TAT, which can never be a bad idea.

    The application if currently in version 0.82 and does not seem to have a downloadable version yet , but we look forward to further development of the software.

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  • Irish Entertainer speaks out about Diabetes

    I have just posted to ODAR’s thread about the death of her mother’s friend and mentioned an Irish entertainer who may have a foot amputated due to uncontrolled diabetes.

    I’m pleased to say that it seems that the foot can be saved. I intentionally did not name the person as I was not sure if it was public knowledge, but have just found that he has spoken to a newspaper about his scare. This young man is a friend of my brothers, they got to know each other when my Brother lived in Florida (where Brendan lives for a lot of the year) and my Brother dated Brendan’s daughter. The have remained friends ever since. I never knew he had diabetes. Here is the article:

    Brendan Grace speaks out on dangers of diabetes – The Irish Times – Wed, Dec 09, 2009

    Quote:

    COMEDIAN BRENDAN Grace has urged people with symptoms of type 2 diabetes to get tested before it is too late.

    Grace (57) said he could have lost his foot as a result of an infection which is a symptom of the diabetes he was diagnosed with 14 years ago. He was forced to cancel all his pre-Christmas engagements, including book signings for Amusing Grace, in which he addresses the issue of his diabetes for the first time.

    Grace said that, contrary to rumours, he would not be “auditioning for the part of Long John Silver”, but wanted to raise awareness of the dangers of diabetes.

    Type 2 diabetes is a lifestyle disease associated with obesity.

    The Institute of Public Health estimates that the number of people with the disease in Ireland will reach almost 200,000 by 2015 and 400,000 within 25 years. It is treatable if caught early and can be alleviated with a change in lifestyle. Symptoms include fatigue, increased thirst and urination.


    Hopefully, Brendan will have learned from this scare and it will also serve as a wake up call to others.

  • The Ongoing Carnage In Ireland And Spain Shows What Life Is Like For Countries That Can’t Print Like Crazy

    What would America do if it couldn’t “solve” its problems by printing boatloads of its own currency?

    We’d probably look something like Ireland, where the new budget for 2010 is being unveiled.

    Irish Independent: Finance Minister Brian Lenihan will reveal Budget 2010 during his speech in Dail Eireann this afternoon.

    A cut to the Taoiseach’s salary is expected and social welfare is also likely to face a reduction as the numbers on the Live Register continue to increase. The old age pension is thought to be safe from any possible decrease.

    A 4-6% pay reduction for public sector workers is thought to be among the other expected cuts.

    Could you imagine such a public sector compensation cut here? In the US, merely freezing wages during a time of deflation is considered the height of austerity.

    And if you don’t appreciate what all this government largess is doing for the economy, look at the employment outlook in countries like Ireland and Spain. These charts come from Manpower’s survey of global hiring. While most Western countries are forecast to return to hiring growth in 2010, these two bad boys are nowhere close.

    ireland employment

    ireland employment

    We haven’t seen a Greece chart yet, but we probably don’t want to.

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  • Beautiful Photos of Feral Felines by Troy Snow, 2010 Calendar

    Troy Snow 2010 Calendar

    Photographer Troy Snow takes some of the most amazing animal photos I’ve ever seen. He specializes in capturing animals in their natural environment, having worked as a photographer at Best Friends Animal Society for six years. His collection of feral cat photos is incredible, showing how patient he is and how he knows just which angle to use to get the perfect shot.

    Twelve of Troy’s feral cat photos have been compiled into a 2010 wall calendar available from lulu.com. $2.00 from each calendar will be donated to Alley Cat Allies, the leading organization in the US advocating for the humane care of feral cats.

    Troy Snow 2010 Calendar

    You can see more of Troy’s amazing photos on his Flickr page. Get your calendar from lulu.com today!

  • Exxon: The Natural Gas Mega-Trend Starts Today

    gas4

    Believe it or not, oil is set to become less and less important relative to other sources of energy going forward.

    While the last few decades have been all about access to the best oil reserves, the next few decades will be about something new -- access to natural gas.

    As Exxon argues, natural gas is set to become the world's second most important energy source...

    And Americans are uniquely positioned to get ahead of it.

    The Natural Gas Mega-Trend Starts Today >>>

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  • Everyone’s Freaking Out About Greece Today

    greece greek athens protest flag burnFT Alphaville captures the Greece-related headlines that everyone is looking at (especially in Europe).

    Bonds:

    *GREEK 10-YEAR GOVERNMENT BONDS FALL; YIELD RISES TO 5.40%
    GREEK-GERMAN 10-YR BOND YIELD SPREAD WIDENS 4 BPS TO 225 BPS

    CDS:

    5-YEAR GREEK CDS RISES TO 226.8 BPS VS 209 BPS IN NEW YORK CLOSE  ON TUESDAY – CMA DATAVISION

    Traders:

    Greece is getting slaughtered again today, the street basically hits ANY bid they can find.
    5-year’s  25-35 bps wider.
    make that 50 bps now
    no more prices in Greece on screens

    Don’t miss: The 10 Countries Most Likely To Default >>

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  • Have People Always Thought That Koala Bears Are Cute?

    People think that now but it hasn’t always been the case. The first white Australian colonists were not at all sentimental about the animal, and shot millions of the creatures for their dense, ash-grey fur. Two million skins had been exported out of Australia by 1924.

    As a result, the koala appeared to be heading for extinction by the 1930’s, and only strict protection allowed the population in some parts of its range to recover to a healthy level. Paradoxically, some areas are now over-populated by koalas. In small, isolated forests it is easy for the animals to eat all their food supply, and on several occasions koalas have been removed from such areas by conservationists and released in places where food is more abundant.

    The Koala is strictly a wild animal and does not keep well in captivity of any kind. It is now a protected species and people recognise its value as an indigenous Australian marsupial, rather than for its cute appearance.

  • Definitely Try This! Tea-Infused Hot Chocolate

    2009-12-10-HotChocolate.jpgWant to add a little twist to your mug of cocoa tonight? Since it started getting chilly outside, we’ve been experimenting with steeping various teas in our hot chocolate and getting surprisingly delicious results. Peppermint and sweet vanilla teas are only the beginning!

    Read Full Post


  • Frank and Me: A Legacy of Mentoring (Giveaway Post)

    jan2Today, I have Janice Lynne Lundy here, sharing a story of beauty and love.

    Jan is an author, speaker, retreat leader, and spiritual director.  She also writes deeply meaningful articles at her two blogs, Awake Is Good and Awakened Living.  When I first connected with Jan, I was drawn into the honest and caring space she has created in her writing.  Stop by for a visit, and you too will feel the warmth of being in her presence. 

    As Jan and I talked over the last couple of months, she indicated she had a special story she would like to share.  Today, that story is a gift I am honored to share here.

    Jan will be taking us back to an earlier time in her life, and how a very special gentleman gave her a beautiful gift – the gift of his time and caring.  This is a wonderful story of how we can all touch another person's life through our caring and love.  Please read along, as Jan shares:
     

    Frank and Me:  A Legacy of Mentoring
      

      "I've learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel." ~ Maya Angelou

    It was the early 1990s and I was the mother of three small children, earning a part-time living as a rep for a direct sales company. I enjoyed my work, sharing an exceptional line of self-esteem based products to parents, teachers, and counselors.

    It was at our annual convention in Salt Lake City that I met Frank, the mentor who would change my life. This is his story—and mine—and how I came to know the importance of reaching out and helping others through mentoring.

    Actually, I never met Frank at the convention that year. I saw him from a distance, an energetic and affable consultant they’d brought in to fire up the sales reps. Rumor had it that he was a retired multi-millionaire, having started, or bought and sold ten companies. He didn’t need this gig as a consultant; he was doing it for the pure pleasure of it, and as a favor to the owners.

    I also heard he was cherry picking reps, working with them one-on-one to improve their sales. The thought terrified me. With three kids, a multitude of household and volunteer duties, I sure didn’t want someone breathing down my neck to urge me to do more than I was already doing.

    I remember the day all that changed. The phone rang, I answered it, and a voice boomed, “Hi, Jan, it’s Frank ____, from the convention. Have you got a minute?”

    I was immediately struck with feelings of terror. I did not want to talk to this man; I did not want to perform better or achieve sales goals. But for whatever reason—now it’s known to be Divine Providence – I said, sure, I had a minute.

    “I’d like to mentor you,” he announced. He went on to explain how he would do this and what would be involved on my part. Actually, it all sounded pretty good, more supportive than scary, but I was still puzzled. Why had he honed in on me? So, I asked him.

    “Jan,” he replied, “I see something in you that you don’t even see in yourself. I’d like to help make that picture a reality.” I was intrigued so I agreed, hesitantly, and we were off. Thus, began the mentoring relationship that changed my life, a relationship that, in time, steered my own life path toward mentoring.

    Frank called me every week for one year, on his dime. He told me what books to read, what tapes to listen to (no CDs then!). We started with Napoleon Hill's Think and Grow Rich, and my eyes were opened. What seminars to attend—Tony Robbins, Dan Kennedy, Denis Waitley, and my world shifted a bit more. Frank taught me how to motivate myself; to set daily, weekly and monthly goals in all areas of my life, though we focused primarily on income, work performance, and another of his passions, health. He taught me how to visualize and manifest.

    Soon, my goals were being met, income was rising, and my self-esteem was off the charts. At the next annual convention, my efforts were recognized. I’d made it into the Top 10 in the nation in sales. And, within months, Frank had me training other reps at regional conventions. Before I knew it, I was a full fledged personal and professional growth speaker and trainer.

    And then the day came, a day I will never forget. Frank called me for our usual weekly phone conference, but this time, his tone was different. Serious, quiet.

    “Jan,” he said, “this is the last time you’ll be hearing from me. Our time together is done. You’ve done a great job and I couldn’t be prouder.” My heart sank. Tears filled my eyes. I had come to deeply love this man. As a mentor, he’d accepted me as me, something I’d rarely experienced with others. He gave of himself in such unselfish ways. When I failed or experienced self-doubt, he was there to encourage. He looked for the light within me and helped fan it to flame. I had grown by leaps and bounds under Frank’s tutelage.

    I couldn’t believe our relationship was over. Surely, we’d be in touch? “Nope,” he said, “but I will be in touch one way, because I know, beyond a doubt, that someday I will be listening to your tapes and reading your books. (With that pronouncement, I remember thinking to myself, ‘Ridiculous.’)

    “Now, I need you to do something for me. I need you to do the same thing for others as I’ve done with you. That’s what life is all about, you see.” With that invitation, Frank said goodbye. I never heard from him again.

    Though I did try to contact him, I never imagined myself an author, so when I did write my first book in 1998, I sent Frank a copy. No response. I sent him a letter, just wanting to touch bases; to thank him for all that he’d done for me. Nothing. It was true, he was not reachable. All I had were memories, and Frank’s voice echoing in my head reminding me to do for others what he had done for me.

    And so I have. In 2000, I dedicated myself to mentoring others, though the form was different than Frank’s. It was focused on the spiritual. Via a formal, three-year training program, I found my way beyond Zig, Tony, and Og to Meister Eckhart, Rumi, and Teresa of Avila; to Jesus and Buddha and beyond.

    To mentor, to offer myself in support of the life path of another has been a profound experience, even beyond teaching or writing. To see a spark of the Divine in each person and help fan it to flame; to encourage him or her to see their innate beauty and light, what joy!

    This, I believe, is what we all must do for one another, especially now, with the world being what it is. In this pivotal time when so many are suffering or confused; anxious or depressed; weary or overwhelmed, we can mentor. Offer an outstretched hand, a listening ear, an affirming blog response, a phone call or handwritten note of encouragement. In whatever way you do it best, bear witness to another’s heart and lend a piece of your own. Be a supportive presence.

    I pass the baton, today, from Frank, through me to you. Mentor. Mentor with all your heart. Will you accept?

    Who crossed your path today? To whom can you give a kind word, a gentle touch, pockets of your time? Everyone wants to be validated, valued, and understood. Will you accept my invitation and mentor someone? Frank would be really happy. I will be, too.


    yourtruestself

    Special Note:  Jan has graciously offered to give away one copy of her recent book, Your Truest Self: Embracing the Woman You Are Meant to Be, to one lucky winner.  Alternatively, if you would rather have one of her earlier books, they are available also:  Awakening the Spirit Within or Perfect Love.

    Winner will be chosen at random, from the comments below, on Saturday, December 12th.  (Edit December 12, 2009:  Winner is Erin Prais-Hintz.  Congratulations Erin!)

    Learn more about Jan Lundy, her programs, books, and spiritual mentoring at her website: awakenedliving.com. She blogs there, and at awakeisgood.com.

  • Speed Tracer, a New Deep-Level Web App Performance Tool from Google

    Google’s dedication to speed doesn’t come as a surprise to anyone and a faster web is one of the main goals of the company. It tackles the problem on several fronts, building its own browser , its own Internet protocols and continually optimizing its own apps and services, but it can’t really do that much for the web at large, at least not directly. It can, however, do its best to help web developers build better and faster apps and it has several projects on this front as well. Recently, it launched an updated version of the Chrome dev tools with a couple of new features and now it’s releasing a new tool for the Google Web Toolkit, Speed Tracer.

    “Speed Tracer is a Google Chrome extension that enables developers to identify performance problems in their web apps using a “Sluggishness Graph,” in combination with many other metrics. In the spirit of clean, simple design, developers need only look at the Y-Axis of their application’s Sluggishness Graph to see how they’re doing,” Bruce Johnson, engineering director, wrote. “We think developers will find that Speed Tracer looks under the covers of web applications like never before.”

    It’s an interesting use of the new extensions platform which Google just launched for Chrome. Of course, loading times measuring tools … (read more)

  • Ameixa, laxante e diurética

    rainha cláudia
    Seu nome científico é Prunus domestica e pertence à família das Rosaceas. Existem mais de 200 variedades de ameixa, mas a rainha delas, pelo seu sabor e qualidade é a espécie chamada Claudia. O nome foi dado em homenagem à rainha Cláudia, que foi a primeira esposa do rei Francisco I da França.  Suas origens remontam ao  Cáucaso, especificamente  Armênia e Pérsia, tendo seu cultivo na antiguidade atingido as terras do baixo Danúbio e da Síria.

    ameixa

    Ela é laxante, diurética e depurativa. É pobre em proteínas e rica em gorduras e em vitaminas A, B1, B2 e C, sendo enriquecida por sais minerais como cálcio, fósforo, ferro e potássio. Além de laxante, que é sua propriedade mais destacada, a ameixa também é hipoglicemiante, ou seja, faz baixar o nível de gordura no sangue. Seu consumo habitual, tanto frescas quanto secas, é hábito preventivo muito recomedável para todos que correm maior risco de sofrer câncer de cólon, quer por causas genéticas (poliposes intestinais) quer sejam adquiridas por conta de alimentação pobre em fibras vegetal, prisão de ventre crônica ou diverticulite do cólon.

    A ameixeira adapta-se a quase todos os tipos de solo, mas prefere os férteis e permeáveis. Época de plantio: julho-agosto; em recipientes: em qualquer época, de preferência na estação das águas. 

    Fonte: Revista Vida &  Saúde; cantoverde.org


  • AutoblogGreen for 12.09.09

    GM dealers tired of hearing about 2011 Chevrolet Volt?
    Are we there yet? Are we there yet? Are we there yet?
    LA 2009: Ford Focus BEV update
    These might be the most in-demand Fords around.

    REPORT: Audi e-tron sales to be limited to 1,000 units
    The line forms thataway.
    Other news:

    AutoblogGreen for 12.09.09 originally appeared on Autoblog on Wed, 09 Dec 2009 05:55:00 EST. Please see our terms for use of feeds.

    Read | Permalink | Email this | Comments

  • No Happy Holidays for Triumph Workers

    In the weeks before Christmas, Triumph International keeps its doors shut for representatives of Thai and Philippine unions that are fighting against mass-dismissals at three Triumph subsidiaries. The unions have come to Europe to put pressure on Triumph International to stop their global restructuring plan at the cost of union jobs.

    Support the union workers and confront Triumph with its union-busting practices. Please sign the protest card, and share this message with your friends!

  • Latest version of My Phone no longer allowing text messaging syncing

    Screenshot_1 It seems the latest build of My Phone, build 01.05.2317.0400, pushed out yesterday, appears to no longer be synching text messages. 

    The option appears to be disabled as the software seems to think this will be handled by Exchange synching, but in my case I can confirm this option has not been selected in Activesync, meaning my text messages are not being backed up to anywhere.

    Our reader B. Amoah who tipped us has confirmed installing the older version restores text message synching, but of course the latest, bugged version is then pushed out soon after.

    Hopefully Microsoft will address this issue quickly, as I have rapidly fallen in love with the My Phone service as one of the most easy to use backup services available on Windows Mobile.

    Edit: A fix is now available (via Mobiletechworld.com):

    Edit the registry key

    HKLM\Software\Microsoft\My Phone

    using your favourite registry editor and change the registry value “DisableSMSDataType” from “1? to “0

    Thanks B. Amoah for the tip.

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  • China: No, Really, This Time We’re Going To Tighten Lending

    yuanpile.jpg

    China is once again using winks and nods to signal to the market that it will ease back its ultra-stimulative economic policies.

    Reuters: The headline theme of the Central Economic Work Conference, which concluded on Monday, was continuity: the government once again vowed to maintain the stimulus spending and accommodative monetary stance that it adopted last year to cushion the blow of the global financial crisis.

    Beneath that headline, though, Beijing offered a smattering of signs that it will gently pull on the reins.

    It said that new investment projects would be "strictly controlled," implying that capital spending, which has been the biggest contributor to overall growth this year, will ease as the government slows the pace of approvals.

    The top leadership also insisted that it would enhance policy flexibility, opening the door to a more pronounced shift to tightening at a later date.

    Sounds pretty spineless... but according to 'a person' this time they might have more concrete measures to back their words:

    Sydney Morning Herald: China's banking regulator plans to slow new lending to between 7 trillion yuan ($1.1 trillion) and 8 trillion yuan next year, a person familiar with the matter said. The China Banking Regulatory Commission's recommended range compares with 8.9 trillion yuan of new local-currency loans in the first 10 months of this year. The person spoke on condition of anonymity because he isn't authorized to discuss the matter publicly.

    Reuters: Increases in bank' reserve requirements could come as early as the start of the second quarter, while the central bank will probably raise interest rates by about 54 basis points during the second half of next year, he estimated.

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  • Despite Gold Boom, Major Miners Like Barrick, Newmont, And Harmony Have Been Bleeding Free Cash

    If you’re an investor — or interested in being an investor — in the uber-speculative world of gold mining stocks, you’re highly encouraged to read this analysis from MineWeb, on the failure of many major gold miners to soar or spin off substantial cash, despite the boom in the yellow metal.

    Gold producers are finding it increasingly difficult to generate profits, which are increasingly complicated to express under dazed modern accounting rules. But no gold miner can escape from the challenge that generating free cash flow is now agonizingly difficult. Free cash flow is simply operating cash flow, less cash laid out on capital expenditure.

    Since the start of 2007 (and excluding the fourth quarter of 2009), eight of the world’s Tier I gold stocks — – AngloGold Ashanti, Barrick (ABX), Goldcorp, Newmont (NEM), Yamana, Kinross, Harmony, and Gold Fields —  have generated negative free cash flow of USD 3.2bn (for the first nine months of this year, in line with rising bullion prices, generation of free cash flow has been positive to the tune of USD 1.1bn).

    Cash flow deficits have been financed by raising fresh equity, to the tune of USD 10.1bn, raising fresh debt, and selling assets. These eight gold companies have been determined, however, to create a lively impression, paying an astonishing USD 2.7bn in cash dividends over the period. Cash has often moved around in circles, rather than from profitable gold mines to shareholders.

    Given the belief among so many in the gold world that cash is mere worthless paper, it’s a wonder these companies would go through such trouble to borrow cash, and then distribute it to shareholders. Why not just pay dividends by sending out envelopes containing gold flecks, and skip all the nonsense.

    Regardless, it is pretty shocking looking at a company like Newmont (NEM), over the past 5 years, and seeing how lackluster its performance has been. Only with the latest gold surge has it really made much of a power move, and as the article notes, it’s still not anywhere its highs of just a couple of years ago.

    newmont

    Combine the free cash flow problems at the majors, with the .com-like IPO mania from junior miners without real businesses, and you have a situation in which investors need to proceed very cautiously.

    Read the whole story at MineWeb >>

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