Tuesday, January 31, 2012

Israel sees narrowing window for attack on Iran (AP)

JERUSALEM ? Officials are quietly conceding that new international sanctions targeting Iran's suspect nuclear program, while welcome, are further constraining Israel's ability to take military action ? just as a window of opportunity is closing because Tehran is moving more of its installations underground.

The officials say that Israel must act by the summer if it wants to effectively attack Iran's program.

A key question in the debate is how much damage Israel, or anyone else, can inflict, and whether it would be worth the risk of a possible counterstrike.

Israel has been a leading voice in the international calls to curb Iran's nuclear program. Like the West, it believes the Iranians are moving toward nuclear weapons capability ? a charge Tehran denies.

Israel contends a nuclear-armed Iran would threaten its survival, citing Tehran's calls for the destruction of the Jewish state and its support for anti-Israel militant groups. It also fears an Iranian bomb would touch off a nuclear arms race in a region still largely hostile to Israel.

Israeli leaders say they prefer a diplomatic solution. But ? skeptical of international resolve ? Israel refuses to rule out the use of force, saying frequently that "all options are on the table."

In comments Friday to the World Economic Forum in Davos, Switzerland, Israeli Defense Minister Ehud Barak called for even tougher sanctions against Iran and said time was running out for the world to act.

"We are determined to prevent Iran from turning nuclear," he said. "It seems to us to be urgent, because the Iranians are deliberately drifting into what we call an immunity zone where practically no surgical operation could block them."

Returning Monday to Israel, Barak added: "We must not waste time on this matter; the Iranians continue to advance (toward nuclear weapons), identifying every crack and squeezing through. Time is urgently running out."

Key Israeli defense officials believe that the time to strike, if such a decision is made, would have to be by the middle of this year.

Complicating the task is the assessment that Iran is stepping up efforts to move its work on enriching uranium ? a critical component of bombmaking ? deep underground. Iran's enrichment site at Fordo near the Iranian city of Qom, for instance, is shielded by about 300 feet (90 meters) of rock.

A team of U.N. nuclear inspectors, including senior weapons experts, is in Iran this week, and the findings from the visit could greatly influence Western efforts to expand economic pressures on Tehran over its uranium enrichment.

The European Union this month decided to stop importing oil from Iran ? just weeks after the U.S. approved, but has yet to enact, new sanctions targeting Iran's Central Bank and, by extension, its ability to sell its oil.

Several officials at the heart of the decision-making structure, speaking on condition of anonymity because they were discussing some of Israel's deepest secrets, said they feel compelled to give the sanctions time.

In this way, somewhat paradoxically, the new economic sanctions the U.S. and Europe are imposing ? while meeting a repeated Israeli request ? have emerged as an obstacle to military action.

An Israeli strike would risk shattering the U.S.-led diplomatic front that has imposed four additional rounds of sanctions on Iran and jolt the shaky world economy by causing oil prices to spike. Still, officials say, if Israel feels no alternative but to take military action, it will do so.

Israel possesses dozens of F-16s and F-15s, some customized with long-range fuel tanks, and has bought additional Dolphin submarines from Germany capable of firing nuclear missiles.

It introduced a fleet of huge pilotless planes known as Heron TPs that can reach the Persian Gulf, provide surveillance and be used for aerial refueling ? likely a critical aspect of any Iran mission. One of the Herons, which are the size of Boeing 737s, crashed during a test flight Sunday.

The U.S. has sold Israel dozens of 100 GBU-28 laser-guided "bunker-buster" bombs. The 2.5-ton bombs are capable of penetrating more than 20 feet (6 meters) of solid concrete.

It's not clear how much damage the bunker-busters could actually do. Iran's main enrichment site at Natanz is believed to be about 25 feet (6 meters) underground and protected by two concrete walls.

U.S. Defense Secretary Leon Panetta told The Wall Street Journal last week that even more sophisticated U.S. bunker-busters aren't powerful enough to penetrate all of Iran's defenses.

While the rewards of an attack are uncertain, the risks are great.

Many believe Iran would likely unleash its large arsenal of missiles capable of striking Israel ? and its local proxies, Hezbollah to Israel's north and Hamas to the south, possess tens of thousands of short-range rockets and missiles. American soldiers in the Persian Gulf might come under fire. Islamist backers of Iran could target civilians all over the world.

The prospect of a new conflagration in the Mideast is one reason cited by some influential Israeli figures, like recently retired spy chief Meir Dagan, when arguing against an Israeli military attack.

But that view is beginning to be challenged. In a radio interview several weeks ago, Barak played down the risk of Iranian missiles, saying casualties would be limited.

Perhaps the biggest factor in the Israeli thinking is how much damage an airstrike could even cause.

"What will tip the scales in favor or against an attack is whether we will really be able to do inflict serious damage," said Yiftah Shapir, an expert in nuclear arms proliferation at Tel Aviv University. "That will be more important than whether we are ready to absorb (the casualties) of an attack."

"If you are talking about the use of power against Iran, any kind of power, and create any damage over there, yes, it can be done," a senior Israeli military official told The Associated Press, speaking on condition of anonymity under military guidelines.

Israel has a history of taking action against perceived nuclear threats. In 1981, it destroyed an unfinished Iraqi nuclear reactor, and in 2007, it struck what is believed to be a nuclear reactor in Syria.

An Iranian mission would be far more complicated.

Israeli officials believe the Iranian nuclear program is so far advanced that any attack would delay it by two to three years at best, but not destroy it.

And unlike the Iraqi and Syrian targets, Iran has spread out its nuclear targets across the country and buried the installations deep underground. This has created a huge logistical challenge.

"It's a very advanced program with many facilities, some very large and some very fortified. To destroy them you need a series of massive assaults for two to three weeks, a month, something like that," Shapir said.

A one-time surgical strike, the most likely attack by Israel, "can't do more than politically declare that we aren't willing to tolerate" a nuclear Iran, Shapir said.

That has raised speculation that Israel's veiled threats are no more than attempts to get Iran to back down.

Israeli warplanes would have to travel 1,000 miles (1,600 kilometers) to reach Tehran. This would mean crossing through potentially hostile Arab airspace and could require warplanes to refuel along the way, a time-consuming process that could leave aircraft vulnerable.

There are other options. Israel has been widely blamed for a computer virus that attacked Iranian centrifuges, sophisticated equipment needed to enrich uranium, as well as the mysterious assassinations of Iranian nuclear scientists. Israel has never confirmed involvement, and Israeli cyberexperts say such activities are unlikely to deliver the program a major blow.

Israeli officials have also floated other scenarios, such as crippling Iranian ports or oil fields.

Israel clearly prefers the U.S. to lead any military operation against Iran, in which case Israel would presumably commit, as it did in the 1991 Gulf War, to act in coordination with the U.S. and operate missile defense systems.

Israeli defense officials estimate that because of its superior firepower, the U.S. could wait until next year and still have the capability to act.

U.S. military and political officials have spoken out in the past against an Israeli attack. Israeli defense officials say they haven't committed to giving the U.S. significant notice of an Israeli airstrike.

But the U.S. and Israel are working together on projects to improve combat jet range, communications and refueling. They also share intelligence reports and are jointly developing missile defense systems.

___

Dan Perry contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/iran/*http%3A//news.yahoo.com/s/ap/20120130/ap_on_re_mi_ea/ml_israel_iran

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Monday, January 30, 2012

Robert Greenwald: Hauling the Koch brothers into Congress (Huffington post)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, RSS Feeds and Widgets via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/193430366?client_source=feed&format=rss

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Can an iPad Replace Your Laptop While Traveling? (ContributorNetwork)

According to Mashable's Lauren Indvik, nearly half of Americans think that tablets like Apple's iPad will eventually replace laptops, including about a third of those 65 or older and 18 to 29. That may be because tablets are the microwave ovens of computing, as Matthew Guay put it, and are much easier and more convenient to use for most things ... even if there are some things they can't do at all.

So does that mean you don't have to bring your laptop on your next trip? Here's what you need to consider.

Business travelers

If you're a business traveler, chances are there's something you have to bring thanks to your company's IT department. Of course, chances are you're also bringing something else that gets the job done better, and it might as well be a tablet. Just check with IT first, to make sure their security policy allows it.

The iPad's iWork suite is more than capable of creating business documents and presentations, at any rate, although an external keyboard might help. Specialized line of business applications will still require a laptop, though, unless your company has iPad or tablet developers.

Lenovo does make a ThinkPad tablet, which combines a Trackpoint and keyboard with a ThinkPad take on the iPad's form factor. Since it's an Android tablet, though, it has far fewer tablet apps than the iPad does, and not many that are designed for the Trackpoint.

Home and student

Students don't have to worry as much about IT departments. But they do have to worry about their courseload, sometimes even while traveling. If Apple's new iBooks textbook initiative takes off, they might be able to bring their iPads instead of a thick book to study and do assignments with. On the other hand, since you'll basically have to have the iPad open to iBooks to read the textbook, trying to do your schoolwork on the same iPad might be hard even if you've got the apps for it.

If you don't need your laptop for school or for work, you might be able to answer the question just based on your needs and preferences. You already know that your laptop can do things your iPad or tablet can't. The only question is whether or not you'll miss them enough to justify adding six or more pounds to your travel weight. Especially on airplanes, and especially given what TSA screeners sometimes do to laptops.

A netbook or MacBook Air might seem like a good compromise. Just be aware of the ergonomics of being hunched over a tiny keyboard and screen for long periods of time.

Jared Spurbeck is an open-source software enthusiast, who uses an Android phone and an Ubuntu laptop PC. He has been writing about technology and electronics since 2008.

Source: http://us.rd.yahoo.com/dailynews/rss/applecomputer/*http%3A//news.yahoo.com/s/ac/20120129/bs_ac/10898663_can_an_ipad_replace_your_laptop_while_traveling

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Sunday, January 29, 2012

UN nuclear inspection gets under way in Iran (AP)

TEHRAN, Iran ? Iran's foreign minister expressed optimism Sunday that a visit by U.N. inspectors to Iran's nuclear facilities would produce an understanding, despite world concerns that Iran is trying to build nuclear weapons.

The three-day inspection tour by the International Atomic Energy Agency team comes during spiking tension. The West is imposing new sanctions to try to force Iran to slow or halt its nuclear program, and Iran is threatening to close the Strait of Hormuz, a vital oil passage, in retaliation.

Visiting Ethiopia, Iranian Foreign Minister Ali Akbar Salehi appeared to be trying to defuse the crisis.

"We are very optimistic about the mission and the outcome" of the IAEA mission, Salehi was quoted as saying by Iran's semiofficial Mehr news agency.

"We've always tried to put transparency as a principle in our cooperation with IAEA," Salehi said. "During this visit, the delegation has questions and the necessary answers will be given,"

The findings from the visit could greatly influence the direction and urgency of U.S.-led efforts to rein in Iran's ability to enrich uranium ? which Washington and allies fear could eventually produce weapons-grade material. Iran has declined to abandon its enrichment labs, but claims it seeks to fuel reactors only for energy and medical research.

The team is likely to visit an underground enrichment site near the holy city of Qom, 80 miles (130 kilometers) south of Tehran, which is carved into a mountain as protection from possible airstrikes. Earlier this month, Iran said it had begun enrichment work at the site, which is far smaller than the country's main uranium labs but is reported to have more advanced equipment.

The U.N. nuclear agency delegation includes two senior weapons experts ? Jacques Baute of France and Neville Whiting of South Africa ? suggesting that Iran may be prepared to address some issues related to the allegations that it seeks nuclear warheads.

In unusually blunt comments ahead of his arrival, the IAEA's Deputy Director General Herman Nackaerts ? who is in charge of the agency's Iran file ? said he wants Tehran to "engage us on all concerns."

Iran has refused to discuss the alleged weapons experiments for three years, saying they are based on "fabricated documents" provided by a "few arrogant countries" ? a phrase authorities in Iran often use to refer to the United States and its allies.

"So we're looking forward to the start of a dialogue," Nackaerts told reporters at Vienna airport. "A dialogue that is overdue since very long."

In a sign of the tensions that surround Iran's disputed nuclear program, a dozen Iranian hard-liners carrying photos of slain nuclear expert Mostafa Ahmadi Roshan were waiting at Tehran's Imam Khomeini airport early Sunday.

Iranian state media allege that Roshan, a chemistry expert and director of the Natanz uranium enrichment facility in central Iran, was interviewed by IAEA inspectors before being killed earlier this month in a bomb attack that Iran claims is part of an Israeli-led covert campaign of sabotage and slayings. Roshan was at least the fourth member of Iran's scientific community to be assassinated.

In Vienna, the IAEA said it did not know Roshan and never talked to him.

The IAEA team wants to talk to key Iranian scientists suspected of working on a weapons program. They also plan to inspect documents related to nuclear work and secure commitments from Iranian authorities to allow future visits.

It's unclear how much assistance Iran will provide, but even a decision to enter a discussion over the allegations would be a major departure from Iran's frequent simple refusal to talk about them.

Iran also has accused the IAEA in the past of security leaks that expose its scientists and their families to the threat of assassination by the U.S. and Israel.

The visit was set to coincide with a vote in Iran's parliament on a bill that would require the government to immediately cut the flow of crude oil to Europe in retaliation for sanctions. Lawmakers postponed the vote Sunday to further study the bill, and no date for a vote has been set.

The draft bill is Iran's response to an EU decision last week to impose an embargo on Iranian oil. The measure is set to take full effect in July.

The head of Iran's state oil company said Sunday that pressures on Iran's oil exports ? the second biggest in OPEC ? could drive prices as high as $150 a barrel.

"It seems we will witness prices from $120 to $150 in the future," Ahmad Qalehbani was quoted by the official Islamic Republic News Agency. He did not give a timeframe for the prediction, nor any other details.

The price of benchmark U.S. crude on Friday was around $99.56 per barrel. About 80 percent of Iran's foreign revenue comes from exporting around 2.2 million barrels of oil per day.

Oil prices have been driven higher in recent weeks by Iran's warnings that it could block the Strait of Hormuz at the mouth of the Gulf, the route for about one-fifth of the world's oil. Last week, the American aircraft carrier USS Abraham Lincoln, joined by French and British warships, entered the Gulf in a show of strength against any attempts to disrupt oil tanker traffic.

___

Associated Press writer George Jahn in Vienna contributed to this report.

Source: http://us.rd.yahoo.com/dailynews/rss/iran/*http%3A//news.yahoo.com/s/ap/20120129/ap_on_re_us/iran_nuclear

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Avastin's Failure in Breast Cancer: New Study May Explain Why It Happened (LiveScience.com)

A new study may explain why the cancer drug Avastin hasn't worked in the treatment of breast cancer patients. Although the drug stops tumor growth for a short time, it often leads to more invasive tumors in the long run.

The reason for this revved-up invasiveness, researchers concluded from experiments done in mice, is that drugs like Avastin increase the portion of a tumor made of breast cancer stem cells.

Although Avastin, when initially given, causes some cancer cells to die and tumors to shrink, what's left behind are the cancer stem cells, according to the study. These cells can then multiply, and they are among the most lethal cancer cells ? they can sprout new tumors more easily than run-of-the-mill cancer cells.

The finding suggests that clinicians could improve Avastin's effectiveness by blocking this unwanted effect of the drug. It's a potentially bright spot for the drug, after a November decision by the Food and Drug Administration that the drug should not be used to treat breast cancer?after studies showed the drug failed to lengthen patient's lives.

"This result explains why they don't work as well as we hoped it would, and it really points to what we need to do to develop drug combinations that are more effective," said Dr. Max Wicha, author of the new study and an oncologist at the University of Michigan.

The new findings, which may also apply to other drugs in the same class as Avastin, were published Monday (Jan. 23) in Proceedings of the National Academy of Sciences.

The seeds of a tumor

Avastin falls into a category of cancer drugs called antiangiogenic agents, which aim to work by blocking the growth of blood vessels that supply tumors with vital nutrients and oxygen. Without a blood supply, tumors will die, the thinking goes.

"There was a lot of excitement about using these drugs to block the blood supply to tumors," Wicha said. "But the first large studies showed that while Avastin seemed to be preventing tumors from progressing for a few months, the tumors would then start to grow again, and be even more aggressive."

Wicha said he and his colleagues suspected the cause of the new, aggressive growth, might be cancer stem cells. "These cells are the most dangerous, if they're left in the body," he explained. "They're like the seeds of a plant."

The researchers tested their theory by giving an antiangiogenic drug to mice with breast cancer tumors. As expected, the tumors shrank and had fewer blood vessels feeding them. When the team analyzed the cells within the tumors, however, the tumors of mice that had been treated with an antiangiogenic drug had five times more stem cells.

Further, the scientists found, the lack of oxygen ? called hypoxia ? in the tissues that followed the death of the blood vessels had the side effect of encouraging the growth of these dangerous cells. If doctors could combine drugs that kill the cancer stem cells with antiangiogenic drugs, they may have a winning formula, Wicha said.

"Our research suggests that it's going to necessary to target both angles of this at the same time," he said.

Two sides of a drug

The new findings didn't surprise Celeste Simon, a molecular biologist at the University of Pennsylvania School of Medicine who studies the role of the body's low oxygen environments to human health.?

"Stem cells really like to reside in a low oxygen area," Simon said.

What the study adds, Simon said, is evidence that drugs like Avastin increase the pool of cancer stem cells living in these low-oxygen conditions.

"The notion is that by making the tumor more hypoxic, you're actually selecting for the more aggressive cells," she said. "This and other papers underscore a growing idea in the therapeutic world that, like all treatments, antiangiogenic drugs need to be very carefully evaluated in terms of their full impact on human health."

But more work is needed, she said, to flesh out the full molecular details of the observation. Tumors implanted into mice, such as the study used, aren't always a perfect mimic of human biology. "While these results are intriguing, they need to be followed up, from my point of view, with experiments on more sophisticated mouse models or primary tumors," Simon said.

Pass it on: ?Although Avastin successfully cuts off the blood supply of breast cancer tumors, it also increases the number of so-called breast cancer stem cells that can lead to tumor growth in the long run.

This story was provided by MyHealthNewsDaily, a sister site to LiveScience. Follow MyHealthNewsDaily on Twitter @MyHealth_MHND. ?Find us on?Facebook.

Source: http://us.rd.yahoo.com/dailynews/rss/cancer/*http%3A//news.yahoo.com/s/livescience/20120127/sc_livescience/avastinsfailureinbreastcancernewstudymayexplainwhyithappened

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Saturday, January 28, 2012

Brainiac babies

Brainiac babies [ Back to EurekAlert! ] Public release date: 27-Jan-2012
[ | E-mail | Share Share ]

Contact: Hilary Hurd Anyaso
h-anyaso@northwestern.edu
847-491-4887
Northwestern University

Infant studies indicate 'intuitive physics' knowledge is present soon after birth

EVANSTON, Ill. -- A Northwestern University study has found that the evidence for intuitive physics occurs in infants as young as two months the earliest age at which testing can occur.

Intuitive physics includes skills that adults use all the time. For example, when a glass of milk falls off the table, a person might try to catch the cup, but they are not likely to try to catch the milk that spills out. The person doesn't have to consciously think about what to do because the brain processes the information and the person simply reacts.

The majority of an adult's everyday interactions with the world are automatic, and researchers believe infants have the same ability to form expectations, predicting the behavior of objects and substances with which they interact.

But the world is not made up of objects alone, and Northwestern researchers looked at whether babies can distinguish between objects that can be held or thrown versus substances such as liquids that can flow and are drinkable.

According to a review of literature, infants show an understanding that unsupported objects will fall and that hidden objects do not cease to exist. Scientific testing also has shown that by five months, infants have an expectation that non-cohesive substances like sand or water are not solid.

"I think liquid is the best example of a non object that you interact with --- a baby has to drink liquid every single day," said lead author Susan J. Hespos, associate professor of psychology at Northwestern's Weinberg College of Arts and Sciences. "It's a universal experience with milk or water. We did studies on whether babies expected water to pour or tumble from an upended cup. By five months of age, babies expect both water and sand to pour, so we have clear evidence that this type of physical knowledge is available early in development."

While the intuitive physics knowledge is believed to be present at birth, co-author Kristy vanMarle, assistant professor of psychology at the University of Missouri, believes parents can assist skill development through normal interaction, such as playing and talking with the child and encouraging him or her to interact with objects.

"Natural interaction with the child, such as talking to hi or her, playing peek-a-boo and allowing him or her to handle safe objects, is the best method for child development," vanMarle said. "Natural interaction with the parent and objects in the world gives the child all the input that evolution has prepared the child to seek, accept and use to develop intuitive physics."

###

The study, "Physics for Infants: Characterizing the Origins of Knowledge About Objects, Substances, and Number," is published in the January issue of WIREs Cognitive Science.

(Source contact: Susan J. Hespos, email: hespos@northwestern.edu; 847-467-1394)

NORTHWESTERN NEWS: www.northwestern.edu/newscenter/



[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Brainiac babies [ Back to EurekAlert! ] Public release date: 27-Jan-2012
[ | E-mail | Share Share ]

Contact: Hilary Hurd Anyaso
h-anyaso@northwestern.edu
847-491-4887
Northwestern University

Infant studies indicate 'intuitive physics' knowledge is present soon after birth

EVANSTON, Ill. -- A Northwestern University study has found that the evidence for intuitive physics occurs in infants as young as two months the earliest age at which testing can occur.

Intuitive physics includes skills that adults use all the time. For example, when a glass of milk falls off the table, a person might try to catch the cup, but they are not likely to try to catch the milk that spills out. The person doesn't have to consciously think about what to do because the brain processes the information and the person simply reacts.

The majority of an adult's everyday interactions with the world are automatic, and researchers believe infants have the same ability to form expectations, predicting the behavior of objects and substances with which they interact.

But the world is not made up of objects alone, and Northwestern researchers looked at whether babies can distinguish between objects that can be held or thrown versus substances such as liquids that can flow and are drinkable.

According to a review of literature, infants show an understanding that unsupported objects will fall and that hidden objects do not cease to exist. Scientific testing also has shown that by five months, infants have an expectation that non-cohesive substances like sand or water are not solid.

"I think liquid is the best example of a non object that you interact with --- a baby has to drink liquid every single day," said lead author Susan J. Hespos, associate professor of psychology at Northwestern's Weinberg College of Arts and Sciences. "It's a universal experience with milk or water. We did studies on whether babies expected water to pour or tumble from an upended cup. By five months of age, babies expect both water and sand to pour, so we have clear evidence that this type of physical knowledge is available early in development."

While the intuitive physics knowledge is believed to be present at birth, co-author Kristy vanMarle, assistant professor of psychology at the University of Missouri, believes parents can assist skill development through normal interaction, such as playing and talking with the child and encouraging him or her to interact with objects.

"Natural interaction with the child, such as talking to hi or her, playing peek-a-boo and allowing him or her to handle safe objects, is the best method for child development," vanMarle said. "Natural interaction with the parent and objects in the world gives the child all the input that evolution has prepared the child to seek, accept and use to develop intuitive physics."

###

The study, "Physics for Infants: Characterizing the Origins of Knowledge About Objects, Substances, and Number," is published in the January issue of WIREs Cognitive Science.

(Source contact: Susan J. Hespos, email: hespos@northwestern.edu; 847-467-1394)

NORTHWESTERN NEWS: www.northwestern.edu/newscenter/



[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2012-01/nu-bb012712.php

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Facebook poised to file for IPO next week

Paul Sakuma / AP

Facebook CEO Mark Zuckerberg could be worth $20 billion if current estimates hold true.

By msnbc.com staff and wire

Updated at 5:25 p.m. ET

Facebook is poised to file papers as early as next week for an initial public offering that could be one of the biggest in history, creating hundreds if not thousands of instant millionaires, The Wall Street Journal reported Friday.

The highly anticipated IPO will value the world's largest social networking site?at between $75 billion and $100 billion, the Journal reported on its website. So far the Journal appears to be alone with the report. Facebook declined to comment.

Founded in a Harvard dorm room in 2004 by Mark Zuckerberg and his friends, Facebook has grown into the world's biggest social network with over 800 million members. Facebook earned roughly $1.5 billion in operating profits on $3.8 billion in revenues last year, CNBC's Julia Boorstin reported, citing unidentified sources.

The impending IPO -- expected to raise $10 billion -- is a prized trophy for investment banks, setting up a fierce competition on Wall Street, particularly between Morgan Stanley and Goldman Sachs, which are expected to be the two lead underwriters.

The IPO could come about three to four months after the filing, which likely would put it sometime in May. Facebook is under legal pressure to go public this year because of the so-called ?500 shareholder rule,? which requires companies to disclose financial information by the end of the first quarter the year after the company tops 500 shareholders.

Information about Facebook's ownership structure and employee compensation packages is hard to come by, since the still-private company discloses very little. But that could all change next week if the company files documents required by the Securities and Exchange Commission to offer stock to the public.

It is clear that Facebook's earliest employees, who were given ownership stakes, and early venture capital investors -- such as Accel Partners, Greylock Partners and Paypal co-founder Peter Thiel -- will see the biggest paydays.

The Journal reported that Accel could see a return of $9 billion on an initial investment of $12.7 million. Several other venture capital firms would see their stakes grow to over $1 billion in value. Thiel's current stake could not be determined.

Zuckerberg, 27, is estimated to own a little over a fifth of the company, according to "The Facebook Effect" author David Kirkpatrick, meaning he could be worth $20 billion. The latest Forbes 400 list estimated Zuckerberg was worth $17.5 billion, making him No. 14 on its list of richest Americans.

The wealth will trickle down to engineers, salespeople and other staffers who later joined the company, since most employees receive salary plus some kind of equity-based compensation, such as restricted stock units or stock options.

Facebook's headcount has swelled from 700 employees in late 2008 to more than 3,000 today. Given its generous use of equity-based compensation in past years, people familiar with Facebook say that even by conservative estimates there are likely to be well over?1,000?people who will become instant millionaires, at least on paper,?when the company goes public.

"There will be thousands of millionaires," said a former in-house recruiter at Facebook, who did not want to be identified because of confidentiality agreements.

Would you buy Facebook stock? Vote below and then?share on your thoughts on -- where else? -- Facebook.

Would you buy stock in Facebook?

?

Reuters contributed to this report.

Source: http://bottomline.msnbc.msn.com/_news/2012/01/27/10252182-facebook-poised-to-file-for-ipo-next-week

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Friday, January 27, 2012

Lawyer withdraws $7.5 million dollar lottery claim

(AP) ? A New York attorney's decision to withdraw his claim on a multimillion dollar Iowa Lottery prize doesn't put to rest officials' questions about how he obtained the ticket.

Crawford Shaw, of Bedford, N.Y., withdrew his claim Thursday on a multimillion dollar Iowa Lottery prize just as mysteriously as he has made it, saying through a Des Moines law firm that he couldn't satisfy lottery officials' request for basic information about how he obtained the winning ticket.

The lottery has asked the Iowa Division of Criminal Investigation and the Iowa attorney general to investigate.

Officials say Shaw submitted the ticket for redemption on behalf of a trust on Dec. 29, less than two hours before it expired, and has identified the recipient only as a corporation in the country of Belize. The lottery wants to know how Shaw obtained the ticket to make sure it wasn't stolen and that a valid player bought it.

It has been 13 months since the winning ticket was purchased at a Des Moines gas station in December 2010. The payout for the prize would have been $7.5 million cash, or $10.3 million spread over 25 years after taxes.

Iowa lottery officials had given Shaw until Friday to provide the identities and contact information of anyone who purchased or possessed the ticket.

Instead of claiming the prize in person, as is normally done, Shaw signed the ticket on behalf of the trust and shipped it by FedEx to a Des Moines law firm he had retained.

Shaw, 76, sent a fax to the law firm Thursday saying he doesn't know the identity of the purchaser. The firm relayed the information to lottery officials.

"In order that the claim be resolved without further controversy, Crawford Shaw, as Trustee for and on behalf of the Trust, does hereby withdraw the Claim and does hereby agree to take no further action to enforce the Claim," the fax signed by Shaw reads.

Shaw signed the ticket on behalf of Bedford, N.Y.-based Hexham Investments Trust, though lottery officials have said he misspelled the name of the trust by leaving off the second "h." Shaw claimed not to be a beneficiary of the trust.

Iowa Lottery CEO Terry Rich said Thursday that it's the strangest situation officials can recall in the 26-year history of the lottery. He declined to speculate on the details of the claim, saying if he knew more than what's been released, lottery officials would probably be writing a check to a winner.

"I'm telling you, if I could take all of the suggestions, it would be a heck of a fun book," Rich said.

He previously had said the lottery had received several claims that the ticket was stolen.

Iowa law also prohibits employees and contractors of the lottery, their relatives and anyone younger than 21 from playing.

Shaw said Wednesday through the Des Moines-based Davis Brown Law Firm that if the jackpot were paid, the money would be donated to charity. He declined to comment further Thursday.

Records show Shaw played at least a minor role in the collapse of Industrial Enterprises of America, a chemical company that was looted and bankrupted in 2009 by a stock manipulation scheme. Shaw helped found the company after taking control of a Houston-based shell corporation, serving as its CEO from 2004 to 2005.

Shaw's history also includes lawsuits alleging fraud in Delaware and Texas.

The unclaimed money will go toward future prizes, Rich said.

___

Associated Press writer Ryan J. Foley in Iowa City, Iowa, contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2012-01-27-Mystery%20Millionaire/id-56da1088494a4573be199466c7f02bde

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UK lawmakers complain over Jay Leno joke

(AP) ? British lawmakers say Prime Minister David Cameron should complain to the United States over a Jay Leno routine which joked about the holiest site in the Sikh religion.

In a motion published at Parliament on Thursday, two legislators said Leno had shown a complete misunderstanding of the Sikh faith.

Leno made a joke on Jan. 19 on the "Tonight Show" in the U.S., when he showed a photo of an impressive gold building and claimed it was Republican Mitt Romney's summer home.

The site was actually the Golden Temple, a revered Sikh site.

British opposition Labour Party lawmakers Virendra Shrama and John McDonnell proposed a motion demanding Cameron call on the U.S. to show more respect toward Sikhs.

The move does not compel Cameron to take any action.

Associated Press

Source: http://hosted2.ap.org/apdefault/4e67281c3f754d0696fbfdee0f3f1469/Article_2012-01-26-Britain-Jay%20Leno/id-dbdcc7c470a545d6a8e4710b0640fa23

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Thursday, January 26, 2012

Russian tycoon Prokhorov on presidential ballot (AP)

MOSCOW ? Russian billionaire Mikhail Prokhorov was officially registered as a presidential candidate Wednesday, the only political newcomer allowed to challenge Prime Minister Vladimir Putin for the Kremlin job.

The three others on the ballot for the March vote are veteran party leaders who pose little challenge to Putin, who is seen as all but certain to win the election and return to the post he held from 2000 to 2008.

Putin, however, is under heavy pressure to show that he can win a fair election. Evidence that vote rigging boosted the results of his party in the Dec. 4 parliamentary election led to mass protests in Moscow. Another demonstration to demand free elections is planned for Feb. 4.

Prokhorov, who owns the New Jersey Nets basketball team, is a 46-year-old businessman with an estimated fortune of $18 billion. His candidacy has been viewed as a Kremlin-supported effort to add a veneer of legitimacy to the election and channel the discontent among Russia's urban middle class, the core of the anti-Putin protest movement.

Prokhorov insists he is acting independently of the Kremlin, but he has refrained from criticizing Putin directly and has said he would consider serving as Putin's prime minister.

On Wednesday, Prokhorov once again denied that his candidacy was a "Kremlin project."

"I've always been my parents' project. And I've always made decisions on my own," Prokhorov said. "To disprove any opinion or any rumors, there is such a thing as life. You should look at who's proposing what and who's made what with their own hands. That's the best proof of what you are."

The Central Election Commission's decision Wednesday to register Prokhorov came a day after it blocked the candidacy of prominent opposition leader Grigory Yavlinsky.

Politicians who want to run for president but whose parties are not in parliament must submit 2 million signatures in support of their candidacy. The commission ruled that too many of the signatures submitted in support of Yavlinsky were invalid, while those for Prokhorov met the requirements.

Yavlinsky's liberal party, Yabloko, had fielded thousands of observers in the December election and they were among the most aggressive in documenting evidence of fraud in favor of Putin's United Russia party. Yavlinsky's exclusion from the presidential race denied his party the right to have observers at the March 4 vote.

The green light given to Prokhorov was seen as further evidence that his candidacy has Kremlin approval. His message of evolutionary rather than revolutionary change seems designed to appeal to those who see no alternative to Putin but would like to see democratic reforms.

A poll conducted last month by the independent Levada Center showed voter support for both Yavlinsky and Prokhorov in the low single digits.

Putin's strongest rival is Communist Party leader Gennady Zyuganov, a veteran of three previous presidential elections whose party has reached an accommodation with Putin over the years. The other two candidates are only nominal rivals.

Source: http://us.rd.yahoo.com/dailynews/rss/russia/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_re_eu/eu_russia_election

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NBC slots GOP debate as special edition of ?Rock Center? (and doubles the show?s ratings) (The Cutline)

The stage of NBC News' GOP debate on Jan. 23, 2012. (AP)

More than 7 million people watched NBC's Republican presidential debate on Monday, according to preliminary Nielsen estimates--making it the second most-watched debate of the 2012 cycle behind ABC's Dec. 10 debate broadcast, which drew 7.63 million.

It was also a bit of a strategic ratings coup for Brian Williams.

NBC is claiming the debate was a special edition of NBC's "Rock Center," boosting the overall ratings of Williams' weekly newsmagazine.? "Rock Center" normally draws about 3.5 million total viewers, putting it on par with cable news shows but well behind primetime offerings from NBC's network rivals.

Last week's "Rock Center," for instance, was watched by 3.04 million people, according to Nielsen; Fox News' "The Factor" with Bill O'Reilly drew 3.6 million as a lead-in to Fox News' Jan. 16 debate.

A spokeswoman for NBC News did not immediately return a request seeking comment regarding the "Rock Center" debate label.

To be fair, if NBC was, indeed, trying to pull a fast one over on the Nielsen-scouring wizards, they were being pretty open about it. Monday's 90-minute debate was immediately followed by a "Rock Center"-produced piece on NBC's campaign embeds. And the debate itself featured an alternating on-screen "Rock Center" logo.Still, while the debate roughly doubled the audience for Williams and co., NBC lagged in fourth place for the night behind Fox ("Alcatraz" drew 8.95 million viewers), ABC (new episodes of "The Bachelor" and "Castle") and CBS, which was broadcasting reruns of "How I Met Your Mother" and "Two and a Half Men" and "Mike & Molly."

Other popular Yahoo! News stories:

? Gingrich says NBC should have allowed clapping: 'Media doesn't control free speech'
? Suffering in polls, Romney calls Gingrich an 'influence peddler' in Florida debate
? Why Bloomberg Businessweek passed on 'bloody' Mitt Romney cover

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/yblog_thecutline/20120124/bs_yblog_thecutline/nbc-slots-gop-debate-as-special-edition-of-rock-center-and-doubles-the-shows-ratings

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Wednesday, January 25, 2012

Greek debt hopes shore up markets despite delay (AP)

LONDON ? Hopes that Greece will reach a deal with private creditors on lowering its debt ? despite a delay in talks between Athens and banks' representatives ? supported European markets on Monday and sent the euro up to three-week highs above $1.30.

The deal being thrashed out would see private creditors swapping their old Greek bonds for ones with a 50 percent lower face value. The new bonds would also have much longer maturities, pushing repayments decades into the future, and a much lower interest rate than Greece would currently have to pay on the market.

Issues over the interest rates on the bonds lie behind the delay. However, the Greek government and representatives for the private creditors insist that the talks have not broken down and that they are moving closer to a final deal.

Greece, which is negotiating alongside fellow eurozone nations and the International Monetary Fund ? its bailout rescuers ? wants interest rates as low as 3 percent on the new bonds. But the private creditors, which include banks and other investors, believe that is too low and are aiming for about 4.5 percent.

French Finance Minister Francois Baroin said a deal "seems to be emerging" after meeting with his German counterpart Wolfgang Schaeuble ahead of the eurozone finance ministers' meeting in Brussels later Monday.

Expectations of a breakthrough have heartened investors and boosted assets that are considered riskier. The euro was the main beneficiary, climbing a further 1.3 percent to $1.3039, its highest level since Jan. 4.

An agreement is necessary if Greece is to get the next batch of bailout cash that would prevent a devastating debt default. Greece does not have enough money to cover a euro14.5 billion ($18.7 billion) bond repayment in March. A deal would allow the country to receive a second bailout package from other European governments and the IMF, and cut Greece's debt from an estimated 160 percent of its annual economic output to 120 percent by 2020.

"Given that any debt swap deal will involve a lot of lawyers, it is estimated that around 5 weeks are needed between agreement and the bond maturing to prevent default," said Louise Cooper, markets analyst at BGC Partners. "This does not leave much wriggle room, although such pressure must focus the minds of all at the negotiating table."

Even though time appears to be running out, investors appear relatively hopeful that a deal will be thrashed out and that's helped shore up markets at the start of a week that also will feature the annual meetings in Davos, Switzerland, and the U.S. Federal Reserve's first rate-setting meeting of the year.

In Europe, the FTSE 100 index of leading British shares closed up 0.9 percent at 5,782.56, while Germany's DAX rose 0.5 percent to 6.436.62. The CAC-40 in France ended 0.5 percent higher at 3,338.42.

In the U.S., trading was more subdued with the Dow Jones industrial average down 0.1 percent at 12,706 and the broader Standard & Poor's 0.1 percent lower at 1,314.

Optimism that Greece will secure a deal as well as a run of successful European bond auctions and solid economic and corporate news, not least from the U.S. and China, have brightened market sentiment this year. Many stock indexes have risen to five-month highs, while the euro has clambered off 17-month dollar lows.

Later in the week, investors will be monitoring the meeting at the Fed.

Though the Fed is expected to keep its super-loose monetary policy unchanged, there will be great interest in the outcome of the meeting. It will be the first time the Fed will be publishing its interest rate forecasts out to 2016, part of a strategy to enhance communication with financial markets.

Investors will be particularly interested to see how long it expects interest rates to remain low. Previously the Fed said it expected to keep them low until the middle of 2013.

"Most, ourselves included, expect the projections to suggest the Fed sees rates on hold well into 2014," said Adam Cole, an analyst at RBC Capital Markets.

In the oil markets, traders are watching developments in the Gulf, too, after the European Union formally adopted an oil embargo against Iran to pressure it to resume talks on its nuclear program.

Iran has threatened to close the Strait of Hormuz, if the U.S. and other countries impose more sanctions on it because of its nuclear program. Many analysts doubt that Iran could set up a blockade for long, but any supply shortages would cause supplies to tighten.

As a result, prices have remained well-supported: benchmark crude was up $1.01 at $99.34 a barrel in electronic trading on the New York Mercantile Exchange.

"We now wait to see whether the Iranians will indeed retaliate with a closure of the straits, and all the consequences that might result from such an action," said Chris Beauchamp, a market analyst at IG Index.

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/ap/20120123/ap_on_bi_ge/world_markets

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Witnesses: Security forces kill 2 in north Nigeria (AP)

KANO, Nigeria ? Nigerian security forces killed a man and a pregnant woman early Tuesday morning in an assault on a neighborhood in this northern city where at least 185 people died in a recent terror attack by a radical Islamist sect, witnesses said.

Assault rifle rounds left bullet holes in the cement walls of the home in the sprawling city of Kano. Its interior metal doors were peppered with holes as well. Inside a living room, blood pooled around beige sofas, with a single rifle cartridge left behind. A man in traditional robes sobbed as he stood in the puddle.

Witnesses said security forces surrounded the home early Tuesday morning and started a gun battle that lasted hours. Relative Musa Ibrahim Fatega said the dead man was a retired worker from the country's education ministry. A sedan inside the compound, also riddled with bullet holes, bore federal government license plates.

Fatega said the man, who he declined to name, was not a member of the sect known as Boko Haram, which claimed responsibility for the coordinated attack Friday in Kano that left so many dead. Security forces took the two dead bodies away, with family members still trying to figure out how to claim them for burial before sundown as is Islamic tradition.

"He didn't belong to any religious group. Is it because of his beard?" Fatega asked. "That means you cannot dress the way you are. Is it good? Is this how government is going to treat us?"

Kano state police spokesman Magaji Musa Majiya declined to immediately comment, saying the local commissioner of police would brief journalists later Tuesday. However, the scene around the house remained tense as locals pressed against the front gate Tuesday morning. A military attack helicopter circled overhead.

Friday's attack in Kano killed at least 150 civilians, 29 police officers, three secret police officers, two immigration officers and one customs official, police now say, bringing the toll to 185 dead. Medical workers and emergency officials say they still expect the death toll to rise.

Police also say they have discovered 10 unexploded car bombs in the city, as well as about 300 bombs made from aluminum cans and other explosives. That has raised fears that Boko Haram could strike again in this city of more than 9 million people that carries religious and political importance across Nigeria's Muslim north.

Friday's coordinated attack in Kano represents Boko Haram's deadliest assault since beginning a campaign of terror last year. Boko Haram has now killed 262 people in 2012, more than half of the 510 people the sect killed in all of 2011, according to an Associated Press count.

Nigeria's weak central government has been unable to stop the killings, and its heavy-handed military response has been criticized by civilians who live in fear of sect attacks and government reprisals.

Boko Haram wants to implement strict Shariah law and avenge the deaths of Muslims in communal violence across Nigeria, a multiethnic nation of more than 160 million people split largely into a Christian south and Muslim north.

While the sect has begun targeting Christians in the north, the majority of those killed Friday appeared to be Muslim, officials said.

___

Associated Press writer Salisu Rabiu contributed to this report.

___

Jon Gambrell can be reached at http://www.twitter.com/jongambrellAP.

(This version CORRECTS Corrects name of Musa Ibrahim Fatega.)

Source: http://us.rd.yahoo.com/dailynews/rss/terrorism/*http%3A//news.yahoo.com/s/ap/20120124/ap_on_re_af/af_nigeria_violence

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Tuesday, January 24, 2012

The Zacks Analyst Blog Highlights: AT&T, Verizon Communications ...

For Immediate Release

Chicago, IL ? January 24, 2012 ? Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include AT&T Inc. ( T), Verizon Communications Inc. ( VZ), Apple Inc. ( AAPL), Google Inc. ( GOOG) and 3M Company Inc. ( MMM).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Monday?s Analyst Blog:

Earnings Preview: AT&T

The second-largest U.S. mobile service provider AT&T Inc. ( T) is slated to release its fourth quarter and fiscal 2011 earnings on January 26, before the opening bell. The current Zacks Consensus Estimates for the fourth quarter and fiscal 2011 are 45 cents and $2.24, respectively, representing substantial year-over-year decline of 18.62% and 2.15%.

Looking at surprises, AT&T had average positive surprise of 1.77% in the past four quarters.

The company did not release any financial forecast for the fourth quarter and fiscal 2011 at its third quarter conference call.

Third Quarter Flashback

In the third quarter, AT&T?s adjusted earnings matched the Zacks Consensus Estimate but improved substantially from the year-ago earnings. Revenue, however, slipped from the year-ago level and also missed the Zacks Consensus Estimate.

Wireless revenue improved on the heels of robust mobile broadband growth, higher smartphone sales and an upswing in branded computing subscribers. Wireline revenue, which was impacted by declining traditional voice access lines, was a spoiler. On the other side, wireline U-verse TV and bundled satellite subscribers remained healthy during the third quarter on continued high-speed Internet attach rates.

Agreement of Analysts

Estimates have been trending downward for both the fourth quarter and fiscal 2011 over the last 7 and 30 days. For the fourth quarter, 3 and 8 analysts out of 25 analysts made downward revisions in the last 7 and 30 days, respectively. For fiscal 2011, out of the 29 analysts, respective 2 and 7 made downward revisions in the last 7 and 30 days.

None of the analysts made positive revisions for the fourth quarter and fiscal 2011.

The analysts have turned negative following the unsuccessful outcome of the T-Mobile merger story. Last month, AT&T dropped its $39 billion bid to purchase T-Mobile, announced in March last year. The company agreed to pay T-Mobile $3 billion in cash and $1 billion for spectrum access for dropping the deal.

As a result, AT&T is expected to incur charges of around $4 billion in the fourth quarter due to the failure of the proposed takeover, which will negatively hurt its profits.

With the termination of the deal, AT&T?s hopes of becoming the largest U.S. wireless carrier, dethroning Verizon Communications Inc. ( VZ) are shattered. Now, the company is in need for additional airwaves to expand its advanced high-speed 4G services given its exponential growth in mobile broadband traffic.

Already criticized for dropped calls and poor network coverage, AT&T will face more constraints in its capacity deployment compared to Verizon, hurting subscriber growth.

Coming to the most popular device - Apple Inc.?s ( AAPL) iPhone, AT&T saw an astounding demand for the new iPhone 4S and activated more than one million iPhone 4S during the first six days of launch (October 7). This marks the best order ever received by AT&T for the device. We expect the new iPhone 4S, lower pricing on iPhone 4, new Google Inc.?s ( GOOG) Android handsets as well as new Long-Term Evolution ("LTE") handsets would drive smartphone sales upward, making it the best ever fourth quarter. Despite this, high marketing or subsidy cost associated with the iPhone is restricting its bottom line.

AT&T is currently paying a hefty subsidy of approximately $300 per phone to Apple, which is dilutive to the company?s earnings. Hence, the analysts are concerned regarding the failure of the T-Mobile transaction and lofty subsidies, which will hurt AT&T profitability. Further, they will be watching the movements of AT&T for acquiring additional airwaves, which can help the company to increase its capacity networks.

Magnitude ? Consensus Estimate Trend

The magnitude of the fourth quarter estimate revisions remained unchanged at 45 cents over the last 7 days but was down by 2 cents over the last 30 days.

The Zacks Consensus Estimate of $2.24 for fiscal 2011 was revised downward from $2.25 in the last 7 days and $2.27 in the last 30 days.

Our Recommendation

We believe AT&T will generate strong growth on the back of healthy iPhone and smartphone sales coupled with growth in tablets and connected devices that will accelerate subscriber gains while reducing churn rate. The launch of 4G LTE networks, expanding U-verse services, and entry into cloud computing and hotel WiFi businesses would boost the company?s profitability.

In addition, AT&T was the first wireless carrier to provide mobile social gaming options on its smartphones and tablets, which differentiates and makes it superior from other operators. However, persistent declines in traditional voice access lines; aggressive pricing plans by rivals and the loss of iPhone exclusivity in February last year keep us cautious on the stock.

We are currently maintaining our long-term Neutral recommendation on AT&T. The stock retains a Zacks #3 (Hold) Rank for the short term (1-3 months).

Earnings Preview: 3M Company

3M Company Inc. ( MMM) is slated to release its fourth-quarter 2011 earnings result on Thursday, January 26, 2011. The current Zacks Consensus Estimate for fourth-quarter earnings per share (EPS) is $1.31, representing an annualized growth of 3.15%. For full-year 2011, the Zacks Consensus Estimate is $5.93, representing an annualized growth of 3.18%.

3M?s earnings were below the Zacks Consensus Estimate in the last quarter while the number was in line with the estimate in the second quarter of 2011. Moreover, in the first quarter of 2011 and fourth quarter 2010, earnings per share were above and in line with estimates, respectively. The company outperformed the Zacks Consensus Estimate with an average negative surprise of 0.02%.

Agreement of Estimate Revisions??

In the last 30 days, of the analysts providing estimates on the stock, none changed their estimates for the fourth quarter or for full-year 2011 and 2012.

Magnitude of Estimate Revisions??

In the last 7 days, earnings estimate for the fourth quarter decreased from $1.32 to $1.31, it dropped from $5.94 to $5.93 in 2011 and for 2012 from $6.30 to $6.29.??????????????????

The company's estimate for fourth quarter, 30 days ago, was $1.32. From last 30 days, estimate for 2011 remain unchanged at $5.93 and for 2012 decreased from $6.34 to $6.29.

Our Take??

The company expects to see a continued slow growth till the end of 2011, as weakening economies continues to challenge business growth. Lower demand from the customers will be mitigated by the company through fully fledged cost management and a regulated operation in developed economies. Developing markets are seen as the prime benefactors.

3M is globally recognized for its innovations, which is supported by some of its well-known brands, such as Nexcare, Post-it, Scotch, Scotch-Brite, and Scotchgard leading the market. We believe that continued capital expenditure with new product launches should bolster its prospects across most end markets.

However, the company?s growth objectives are largely dependent on timing and market acceptance of its new product offerings, including its ability to continually renew its pipeline of new offerings and bring those to the market at acceptable price points.

Further, the results have been impacted by worldwide economic and capital market conditions. Negative consumer sentiment is affecting the retail store traffic. On the corporate side, lower employment levels are negatively reducing office supply purchases in most companies.

Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/?id=5517

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/?id=5518.

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Read the full analyst report on T

Read the full analyst report on VZ

Read the full analyst report on AAPL

Read the full analyst report on GOOG

Read the full analyst report on MMM

Source: http://www.zacks.com/stock/news/68308/The+Zacks+Analyst+Blog+Highlights%3A+AT&T,+Verizon+Communications,+Apple,+Google+and+3M+Company

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Monday, January 23, 2012

[OOC] InuXBoku Secret Service

Forum rules
This forum is for OOC discussion about existing roleplays.

Please post all "Players Wanted" threads in the Roleplayers Wanted forum!

This topic is an Out Of Character part of the roleplay, ?InuXBoku Secret Service?. Anything posted here will also show up there.

Topic Tags:

Forum for completely Out of Character (OOC) discussion, based around whatever is happening In Character (IC). Discuss plans, storylines, and events; Recruit for your roleplaying game, or find a GM for your playergroup.
This is the auto-generated OOC topic for the roleplay "InuXBoku Secret Service"

You may edit this first post as you see fit.

If only I could actually make a cheeto gun..

Shoujo manga addict~ <3

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SunniBunny
Member for 1 years




Okay~! Please turn in your charrie with 24 hours! ^^

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SunniBunny
Member for 1 years



Anime, and a hint for you is to read the rules and info, because it says "Anime Picture Only" besides reading the rules is nessecary to get your character accepted

I don't hate anything unless it gives me a reason to
I'm sorry..for blaming you for everything I couldn't do..and I hate myself for hating you... -someone
Can you look me in the eye and tell me everything is going to be alright?

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Pet's name: Ciel
Adopt virtual pets at Chicken Smoothie!

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Luna Star
Member for 1 years


Read the introduction please~

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SunniBunny
Member for 1 years




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