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  • CP Rail shares on the move

    Shares in Canadian Pacific Railway Ltd. are on the move, as the Street shower's the country's second biggest railroad with praise following better-than-expected earnings results announced Wednesday.

    Back of above $60, and closing in on a new 52-week high, analysts think CP stock has plenty of upside still to come.

    "We consider the strong Q1 results to be a key catalyst for the CP shares – as we believe investors had discounted CP's ability to significantly realign its cost base," Walter Spracklin, an analyst at RBC Capital Markets said in a note to clients.  

    Mr. Spracklin maintained his Outperform rating and raised his price target to $70 from $65.

    He said he expects substantial upward earnings revisions, leaving his "street-high" 2011 estimate of $4.66 unchanged.

    "We are increasing our target multiple on the CP shares to 15x (from 14x) on the back of the improving economy and CP's leverage to this improvement, the analyst  wrote.

    Trading at roughly 11x his revised 2011 earnings estimate of $4.65, Raymond James analyst Steve Hansen said CP is trading at a discount to its peers. He increased his price target to $70 from $65 and reiterated his Buy rating,

    "Looking forward, sustained potash and coal volumes through 2Q will continue to trounce last year’s paltry comps, in our view," he told clients.

    "Healthy merchandise and intermodal improvements, coupled with plenty of idle capacity still in the system, should also facilitate further operating and financial gains."

    David Pett

  • Radioactive waste: majority of citizens in favour of European legislation

    Research addresses the safety of nuclear fuels

    The European Commission has published today a Eurobarometer survey showing that an overwhelming majority of Europeans would find it useful to have European legislation on radioactive waste management. Due to the use of radioactive substances and materials also for medical applications and for research, the concern for the safety risk related to radioactive waste is shared both in countries with and without nuclear power plants .

    Research plays a major role in addressing particular aspects of nuclear waste management and the monitoring and reduction of its environmental impact. It is primarily needed to reduce prediction uncertainties and thus increase general confidence. The JRC has a long-standing track record in independent and reliable research and science and technology assessment in the nuclear field, with a view to providing science-based options to address issues of nuclear stakeholders, public acceptance and policy concerns.

  • Chyna Accused Of Assaulting Pal

    Cops in the City of Angels have their eye on former WWE star Chyna: The burly bruiser is accused of attacking a female companion at a local motel last Saturday night.

    Gabriela Targos alleges that the former reality star — whose real name is Joanie Laurer — assaulted her in an unprovoked attack at a motel in Sherman Oak, just outside Los Angeles, on April 24.

    Chyna reportedly punched Targos in the face, beat her with a wire hanger, pulled her hair, and threatened to kill her before Gabriela managed to make a break for it, at which point she promptly contacted police.

    Chyna is being investigated as part of the battery case, but no arrests have been made.


  • 62% of Americans: The Stimulus Is Failing

    The Recovery Act cut taxes by more than $100 billion and spent another $150 billion in 2009 on projects like Medicaid, schools and infrastructure projects while raising GDP by an estimated one to three percentage points at the end of the year. So this is not good:

    Nearly two-thirds of Americans do not believe the $787 billion stimulus
    package the president passed last year has helped create jobs,
    according to a new Pew Research Poll.

     Not good, but not surprising. Only 12 percent of Americans know that the administration cut taxes in the Recovery Act. Maybe they don’t know what the stimulus legislation looks like, but they know what the job market looks like. Ten percent unemployed. Another six percent underemployed. They also know what the hiring market looks like: April 2010 hiring is still at April 2009 levels, despite nine months of economic growth.

    If you look at the economy from any corner in New York’s financial district, it looks like the machine is buzzing again. Bank of America and JPMorgan both announced big quarters with billions of dollars in revenue from trading. If you look at the economy from a Main Street corner, you get a different picture. Indeed, BofA and JPM are still dealing with losses in their credit card and real estate sectors.

    This poll isn’t evidence that the stimulus failed. It’s evidence that Americans evaluate the economy by how bad things are, and not by the difference between how bad things are and how bad they could be.

    (graph from Pew).





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  • Sprint loses more money and more subscribers, we feign surprise

    SprintWhile Palm is getting access to a big pile of cash courtesy of HP, their webOS launch partner is continuing to lose money and subscribers hand over fist, but at least Sprint’s now looking at smaller hands over fists. As of the end of the last quarter Sprint had lost another 578,000 postpaid (contract) subscribers, but picked up enough prepaid (i.e. Boost Mobile) subscribers to bump their net customer loss down to 75,000.

    That’s better than the loss of 148,000 from the preceding quarter, but with more and more of Sprint’s subscribers becoming the prepaid variety, you’d think that Sprint’s revenue would be taking a hit as well. It’s not so, as Sprint saw its first rise in revenue in more than three years, bringing in $8.1 billion compared to $7.8 billion the earlier quarter. The bump in revenue corresponds to a drop in the net loss (or a rise in profit, albeit still negative, if you prefer). Sprint lost $865 million in the quarter, compared to $980 million the quarter before. It’s better, but not great, but Sprint’s still working off the bad mojo from the merger with Nextel in 2005.

    [via: Engadget]

  • McAfee Offers Free Anti-Malware Software to SK Telecom’s Android Phones

    McAfee, Inc. has announced that they are providing McAfee VirusScan Mobile to Android users of Korea’s SK Telecom. The anti-malware solution is designed to secure Android-based handsets in the same manner that McAfee does for desktops. Further, the app secures personal information, offers automatic updates, and prodivdes real-time scanning. McAfee VirusScan Mobile is available as a free download to customers with a Motorola XT720. More handsets are expected before long and McAfee plans to support them as well.

    Would you download McAfee VirusScan for your Android handset if it were made available to you? Why or why not? Leave a comment below and share your reasoning.

    Most Commented Posts

    • Slacker Radio Plus Giveaway!
      We’re pleased to announce another giveaway of Slacker Radio Plus accounts!  If you’re not familiar with the streaming music service and Android application, it allows for personalized radio stations b…


  • Celladon Enjoys Early Success With Gene Therapy Trial, FDA Gives Digirad Green Light for a Nuclear Camera, Aragon Pharmaceuticals Gets $22M & More San Diego Biotech News

    Bruce V. Bigelow wrote:

    We saw a healthy mix of life sciences news over the past week, with a generous serving of device news, some venture funding, a dash of clinical trial results, and voila! Enjoy!

    —San Diego’s Celladon said an experimental gene therapy treatment met its primary goal of showing the treatment was more effective than a placebo in a trial that enrolled 39 heart patients. The experiment tested a single-shot infusion of Mydicar, Celladon’s gene therapy drug.

    —San Diego’s Aragon Pharmaceuticals said it raised $22 million in venture funding to advance its lead drug treatment for prostate cancer into an initial clinical trial. The startup is testing a new approach to treating cancers by targeting certain hormones.

    —The slicing and dicing of venture capital data from the first three months of 2010 continued this week, with a new MoneyTree report saying life sciences is holding its position as the largest single industry getting venture capital funding nationwide. The report, “Holding the Lead,” says VC firms invested $1.3 billion in 160 deals nationwide—representing 28 percent of all dollars invested and 23 percent of the deals. The report was prepared by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters.

    —San Diego’s Digirad (NASDAQ: DRAD) said the FDA gave the Poway, CA, company approval to market Ergo, a nuclear imaging camera system for hospitals that’s smaller and more portable than existing hospital systems.

    —Luke profiled San Diego-based NuVasive (NASDAQ: NUVA), which has developed a new approach for repairing damaged or aging vertebrae. NuVasive’s technology enables surgeons to go into the body through a patient’s side, rather that through the front or back, giving doctors easier access to the spine.

    —The Flax Council of Canada is investing about $5.5 million through a partnership with San Diego’s Cibus Global to develop a crop strain of flax that is resistant to glyphosate, the active ingredient in the widely used weed killer Roundup. Cibus says it intends to develop a strain that’s acceptable to Europeans opposed to genetically modified crops.


    UNDERWRITERS AND PARTNERS



























  • $1.5M for HealthEdge

    Erin Kutz wrote:

    HealthEdge Software, a Burlington, MA-based provider of healthcare payment software, has raised $1.5 million of a planned $3.5 million round of debt, options, and warrants, according to an SEC filing. The company pulled in $3.5 million in equity-based funding last July. The newest financing involved four investors, but they were not named in the filing.












  • UFC Undisputed 2010: Machida vs. Shogun gameplay

    Lyoto “The Dragon” Machida and Mauricio “Shogun” Rua met once before in UFC 104, where the former won by way of a unanimous decision. They’re set to meet again in UFC 113 on May 8th, but while

  • Grammy Award Winning Ne-Yo Live in South Africa May 1st – May 4th ‘2010

    NEYO-SAThanks to the World Cup, the South African entertainment industry has been getting more traffic with more international artist gracing the country.

    This coming weekend Grammy Award winning crooner, Ne-Yo will be performing gracing the motherland with two performance schedule to take place in Johannesburg at the “COCA-COLA DOME” on Saturday May 1st ‘2010 and in Cape Town at thee “BELLVILLE VELODROME” on Tuesday May 4th ‘2010.

    For more information on the performances and the tickets please visit www.computicket.com

  • Videogame pins, belt loops for Cub Scouts introduced

    Know a Cub Scout? Give him a video game and help him earn a pin. Apparently the Boy Scouts of America have come up with a new Cub Scout merit pin and belt loop earned by playing

  • Remembering Pierre Hadot – Part II

    Today we conclude our two-part remembrance of the French philosopher Pierre Hadot, who died last week at age 88. Yesterday, Hadot’s friend and former student Michael Chase gave an account of the various turns in Hadot’s intellectual life; today, he shares some personal recollections of a figure whose plainspokenness and accessibility belied the extraordinary sophistication of his mind and work.



    Those of you wondering where to look for a good entry point to Hadot’s work might start with What Is Ancient Philosophy?, Chase’s translation of Hadot’s 1995 book Qu’est-ce que la philosophie antique?, in which Hadot articulated most fully his view on "philosophy as a way of life."

    —–

    Pierre Hadot – Part II

    By Michael Chase

    Having won a grant from the Canadian government to pursue my doctoral studies in Neoplatonism anywhere in the world, I followed an old teacher’s advice and contacted the author of the book on the subject that I most admired: Porphyre et Victorinus. I first met Pierre Hadot at a conference at Loches, France, in the summer of 1987, where he gave a memorable lecture on “The Sage and the World.”1 He was kind enough to read and comment on the M.A. thesis I had written on Porphyry, and while I could not officially enroll under his direction for my PhD, since the Collège de France was not a degree-granting institution, I did enroll under his successor at the École pratique des hautes études, Philippe Hoffmann. After attending his lectures at the Collège for a couple of years, I persuaded him to allow me to translate some of his works into English, and this marked the beginning of a close friendship between Pierre and Ilsetraut Hadot and my wife Isabel and myself. As I continued my studies, he continued help to me out with advice, books, and articles, and when times got rough, with a few hundred francs from his own pocket as well.

    What I remember most about Pierre Hadot was his simplicity. Although he had reached the highest echelons of the hierarchical French academic scheme, he never let it go to his head: in his lectures he spoke clearly, without excess rhetorical flourish, and if he wrote on the blackboard he did so with complete grace and relaxation, and often with that self-deprecating laugh that was so characteristic of him. On one occasion, he invited Isabel and me to lunch, along with half a dozen others; we were to meet at his office at the Collège de France. We all showed up, and Hadot began to lead the whole bunch of us off to the restaurant. In the hallway, however, he came across a lost-looking young couple, obviously foreigners, and asked them if he could help them. They were looking for the cafeteria, they told him timidly, and Pierre Hadot, instead of merely giving them directions, insisted on accompanying this unknown couple all the way to the cafeteria, leaving his “invited” guests to twiddle their thumbs. Each individual, known or unknown, deserved respect and courtesy in the view of Pierre Hadot. Yet he also spent a good deal of his life as an administrator, particularly at the EPHE, where he showed himself to be a tough and uncompromising negotiator, especially when questions of principle were at stake.

    Over the years, my wife and I enjoyed the Hadots’ hospitality on many occasions, often at their home in Limours, a suburb some twenty miles south of Paris, where he was very proud of his well-kept garden and loved to go for walks in the neighboring woods. When he was in Paris, we would often go for dinner to a Vietnamese restaurant on the Rue des Ecoles, no longer extant, to which Michel Foucault had introduced him. He always encouraged us to have the deep-fried banana for dessert, mainly because although he loved the dish, his delicate health and vigilant wife would not allow him to order it for himself, but he could always sneak a bite from someone else’s plate. In every circumstance, he was the same: simple, unpretentious, with a mischievous gleam in his eye. Seldom has a man worn his erudition more lightly. Seldom, as well, has a man practiced so well what he preached. Although he won numerous awards and distinctions,2 he never discussed them in any tone other than that of self-deprecating humor. He liked to tell of how Jacqueline de Romilly once telephoned him to let him know he had been nominated for the prestigious Grand Prix de Philosophie by the Académie Française: “We didn’t have anybody this year,” she allegedly told him, “and so we thought of you.” He also had great fun with the fact that two volumes of his articles were published by Les Belles Lettres in a collection entitled “l’âne d’or”—“The Golden Ass.”3 He claimed, with a characteristic twinkle in his eye, that he had posed for the fine portrait of the golden donkey that graced the cover of these books.

    As a young philosophy student, I had often been disillusioned by finding that my philosophical heroes had feet of clay: although they wrote fine-sounding phrases in their books, they were often vain, disdainful, or otherwise unpleasant when one met them in person. Not so Pierre Hadot: like Plotinus, he was always available to himself, but above all to others. For his 80th birthday, Hadot reserved a restaurant near Limours for over a hundred guests, who were distributed at tables in groups of six to eight. As the meal progressed, Hadot made sure to come and sit for a while at each table, laughing and joking with everyone, making each guest feel as though he or she were truly special to him. Waiters and hostesses received, unfailingly, the same friendly, non-condescending treatment.

    I last saw Pierre Hadot on April 12th of this year, when, despite his weakness, he came from Limours to Paris to attend a celebration devoted to him at the library of the École Normale Supérieure. At age 88, he was extremely fragile, and his eyesight and hearing were failing rapidly. Yet he held out for two hours, answering questions from the audience—something he always disliked, convinced that he was not sufficiently eloquent in unrehearsed repartee—and seeming to regain strength as the evening progressed. At the end, he thanked the organizers and participants, emphasizing that what was important was that the event had been organized and carried out in an atmosphere of friendship and mutual respect. Soon afterwards, he entered the hospital at Orsay and was diagnosed with pneumonia. He died less than two weeks after his appearance at the ENS, accompanied, as he had been for 45 years, by his beloved Ilsetraut.

    Needless to say, it is too soon to give a definitive evaluation of Hadot’s thought, and only the future will verify, or fail to verify, Roger-Pol Droit’s judgment on him: “ discrete, almost self-effacing, this singular thinker might well be, in a sense, one of the influential men of our epoch.”4 What is certain is that he has trained a generation of students and scholars who continue his work, and that his writings, translated into many languages, continued to inspire readers from throughout the world, many of whom wrote him to say, in a variety of formulations: “You have changed my life.” Pierre Hadot was a man almost destitute of personal vanity, but if there was one thing he was proud of, it was not the multiple honors he received throughout his career, but the effect he had on the average reader.

    Michael Chase



    CNRS UPR 76 / Centre Jean Pépin



    Paris-Villejuif



    France

    —–

    1 “La figure du Sage dans l’Antiquité Gréco-latine,” in G. Gadoffre, ed., Les Sagesses du Monde, Paris 1991, p. 9-26.

    2 1969 : Prix Saintour décerné par l’Académie des Inscriptions et Belles Lettres; 1969: Prix Desrousseaux décerné par l’Association pour l’encouragement des Études Grecques; 1972: Corresponding member of the Akademie der Wissenschaften und der Literatur of Mainz; 1979: Silver medal, Centre National de la Recherche Scientifique; 1985: Docteur honoris causa de l’Université de Neuchâtel; 1990: Prix Dagnan-Bouveret de l’Académie des Sciences Morales et Politiques; 1992: Prix d’Académie (Fondation Le Métais-Larivière Fils), Académie Française; 1999: Grand Prix de Philosophie de l’Académie Française; 2000: Corresponding member of the Akademie der Wissenschaften at Munich; 2002: Docteur honoris causa de l’Université de Laval (Québec).

    3 Études de philosophie ancienne, Paris: Les Belles Lettres, 1998. (L’âne d’or; 8); Plotin. Porphyre. Études néoplatoniciennes, Paris: Les Belles Lettres, 1999. (L’âne d’or ; 10). These works contain some of Hadot’s more technical works on the history of Greek and Latin philosophy, but also some of his early studies on the philosophy of nature. There is material for many more such volumes, among the 100 or so articles Hadot penned throughout his career.

    4 “Pierre Hadot, 86 ans de sagesse,” Le Point. Débats, 17/04/2008, downloaded at http://www.lepoint.fr/actualites-chroniques/2008-04-18/pierre-hadot-86-ans-de-sagesse/989/0/238823.

    —–

  • Chelsea Handler Sex Tape: Fact or Fiction? [VIDEO]

    Chuy may not be the only member of the Chelsea Lately family with an X-rated skin flick hidden away in somebody’s sock drawer. On her E! chat show Wednesday night, comedienne Chelsea Handler addressed reports that a decade-old sex tape featuring her as a petite twentysomething has recently resurfaced.


    Will comedy fans by stuffing their stockings with a Chelsea Handler Sex Tape next Christmas?

    Earlier this week, Radar Magazine revealed that the wisecracking Playboy centerfold was filmed “nearly a decade” ago “on all fours” having sex with an unidentified man with a heavy British accent. While Chelsea insists — however jovially — that the video was part of a comedy bit she participated in as 23-year-old funny gal new to showbuisness, Radar says the footage they saw was saucy enough to make a hooker blush.

    “Chelsea, who is on all fours on a bed is naked and at several times during the filming she looks directly at the camera. Her breasts are bare and swinging during the sex act. At the end of the “performance” Chelsea’s partner speaks in a clear British accent, asking, “Did we get the (bleep) shot?” Chelsea looks into the camera and smiles at this point.”


  • The Chatroulette Speed Painter Animates the Weirdness [Chatroulette]

    Behold the Chatroulette speed painter at work: armed with just a Wacom tablet and a preternatural drawing ability, he’s able to create incredible sketches of his chat partners in no time flat. And you thought the Chatroulette pianist was good. More »







  • “Plane” Facts about New Tarmac Rules

    If you have ever been held captive on plane that is going nowhere for the foreseeable future, you know how helpless and frustrated it feels to be trapped in a metal tube with screaming kids, overflowing toilets — and no food or drink. Good news. Starting today, if you find yourself in that situation, you have rights.

    If your plane pulls back from the gate and sits on the tarmac for two hours, the airline must give you access to food, water and the plane’s bathroom. Before three hours have passed, they have to take you back to the gate. Believe me, when I say the airlines will take this seriously. They can be fined $27,500 per passenger. If the plane is full, that could add up to somewhere in the neighborhood of a $3 million dollar fine.

    Secretary of Transportation Ray LaHood acknowledges that the airlines don’t much like the new rule. LaHood told me earlier this week, “What I’ve said to airline CEOs … is: ‘you should be for the passengers and that’s a good reason to be for this rule.’”

    Some industry analysts believe there could be a downside to all this. Since some flights don’t make a lot of profit, the airline may choose to cancel a flight if there is even a small chance the plane might be held on the tarmac because of weather or air traffic congestion.

    “I am confident that we will see a fairly large number of cancellations through the summer, just to avoid the penalty this rule could impose, ” said William Swelbar, a research engineer from MIT’s International Center for Air Transportation.

    In 2009, there were 903 flights that were held on the ground for more than three hours. Already in the first two months of 2010, airlines were on pace for a worse record.

    Some credit for this new rule must be given to the small grassroots group, flyersrights.org. After getting stuck on a plane in Austin, Texas for more than 9 hours in 2006, Kate Hanni founded the group and began lobbying for a Passenger’s Bill of Rights. She points out that airlines over-schedule the number of flights that can reasonably be expected to take off from an airport — sometimes by as much as 30 percent. She says that means “a certain number of flights … are gonna sit in the penalty box.”

    By the way, I am reporting from JFK airport today in New York, where runway work is expected to create mayhem for travelers during the busy summer travel season. Please take note.

  • Samsung Stride

    Carrier: U.S. Cellular
    Retail Price: $159.95
    Phone Price: $29.95
    Hot Features: 1.3MP camera, Bluetooth technology, one-touch speakerphone


  • SSFIV costume packs dated for Japan

    Now that Super Street Fighter IV is out and about, what can fans of the fighting series look forward to now? Costume packs, of course!

  • It’s official: Santa Clara County bans toys from fatty kids’ meals

    Happy-meal

    Happy Meals are officially sad in California’s Santa Clara County. After debating the issue, the board of supervisors in that Silicon Valley area has voted 3-2 to ban toys and other promotions from high-fat, sodium-loaded kids meals. The new ordinance won’t take effect for 90 days, giving fast-food restaurants a chance to bring their kids’ offerings up to a better nutritional standard. (Hint: If it hasn’t happened by now, I doubt three months will make much difference.) The ban doesn’t cover a large geographical area—just the unincorporated parts of the county—but the repercussions might be felt far and wide. It’s a bit of a test case for other municipalities that might want to fight the child-obesity epidemic by attacking the trinkets that come with burgers and fries. The delay in enacting the ban means a number of summer movie tie-ins will still happen as planned. The rest of the year? Still to be determined.

    —Posted by T.L. Stanley

  • President Obama official schedule and guidance, April 29, 2010. Height funeral, DNC fund raiser

    THE WHITE HOUSE
    Office of the Press Secretary
    _______________________________________________________________________________________
    FOR IMMEDIATE RELEASE
    April 28, 2010

    DAILY GUIDANCE AND PRESS SCHEDULE FOR
    THURSDAY, APRIL 29, 2010

    In the morning, the President will receive the Presidential Daily Briefing in the Oval Office. This meeting is closed press.

    Later, the President, the Vice President and the First Lady will attend Dorothy Height’s funeral at the National Cathedral. The President will deliver remarks. This event is open to pre-credentialed media. The Washington National Cathedral is handling media credentials, however the deadline to request credentials has passed. There will be travel pool coverage of the President’s remarks.

    In the afternoon, the President and the Vice President will have lunch in the Private Dining Room. This lunch is closed press. Later, the President will honor the 2010 National Teacher of the Year and the state teachers of the year from all across the country at an event in the Rose Garden. Dr. Jill Biden and Secretary of Education Arne Duncan will join the President for the event. Every President since Harry S. Truman has continued the Presidential tradition of honoring the country’s finest educators. This event is open press.

    Later in the afternoon, the President and the Vice President will meet with Secretary of State Clinton in the Oval Office. This meeting is closed press.

    In the evening, the President will attend a DNC fundraising dinner at a private residence in Washington, DC. Since no formal remarks are planned, the event will be closed press.

    In-Town Travel Pool
    Wires: AP, Reuters, Bloomberg
    Wire Photos: AP, Reuters, AFP
    TV Corr & Crew: FOX
    Print: Baltimore Sun
    Radio: VOA

    EDT

    9:00AM Pool Call Time

    9:00AM THE PRESIDENT receives the Presidential Daily Briefing
    Oval Office
    Closed Press

    10:00AM THE PRESIDENT, THE VICE PRESIDENT and THE FIRST LADY attend Dorothy Height’s funeral; THE PRESIDENT delivers remarks
    National Cathedral
    Open to pre-credentialed media (Travel Pool Gather Time 9:20AM – North Doors of the Palm Room)

    12:30PM THE PRESIDENT and THE VICE PRESIDENT have lunch
    Private Dining Room
    Closed Press

    1:40PM THE PRESIDENT delivers remarks at an event honoring the 2010 National Teacher of the Year
    Rose Garden
    Open Press (Pre-set 10:30AM – Final Gather 1:10PM – North Doors of the Palm Room)

    4:30PM THE PRESIDENT and THE VICE PRESIDENT meet with Secretary of State Clinton
    Oval Office
    Closed Press

    7:35PM THE PRESIDENT attends a DNC fundraising dinner
    Private Residence
    Closed Press (Travel Pool Gather Time 7:00PM – North Doors of the Palm Room)

    Briefing Schedule

    12:00PM Briefing by Press Secretary Robert Gibbs

    ##