Saturday, December 31, 2011

Turn down the iPod to save your hearing

Thursday, December 29, 2011

Today's ubiquitous MP3 players permit users to listen to crystal-clear tunes at high volume for hours on end ? a marked improvement on the days of the Walkman. But according to Tel Aviv University research, these advances have also turned personal listening devices into a serious health hazard, with teenagers as the most at-risk group.

One in four teens is in danger of early hearing loss as a direct result of these listening habits, says Prof. Chava Muchnik of TAU's Department of Communication Disorders in the Stanley Steyer School of Health Professions at the Sackler Faculty of Medicine and the Sheba Medical Center. With her colleagues Dr. Ricky Kaplan-Neeman, Dr. Noam Amir, and Ester Shabtai, Prof. Muchnik studied teens' music listening habits and took acoustic measurements of preferred listening levels.

The results, published in the International Journal of Audiology, demonstrate clearly that teens have harmful music-listening habits when it comes to iPods and other MP3 devices. "In 10 or 20 years it will be too late to realize that an entire generation of young people is suffering from hearing problems much earlier than expected from natural aging," says Prof. Muchnik.

Hearing loss before middle age

Hearing loss caused by continuous exposure to loud noise is a slow and progressive process. People may not notice the harm they are causing until years of accumulated damage begin to take hold, warns Prof. Muchnik. Those who are misusing MP3 players today might find that their hearing begins to deteriorate as early as their 30's and 40's ? much earlier than past generations.

The first stage of the study included 289 participants aged 13 to 17. They were asked to answer questions about their habits on personal listening devices (PLDs) ? specifically, their preferred listening levels and the duration of their listening. In the second stage, measurements of these listening levels were performed on 74 teens in both quiet and noisy environments. The measured volume levels were used to calculate the potential risk to hearing according to damage risk criteria laid out by industrial health and safety regulations.

The study's findings are worrisome, says Prof. Muchnik. Eighty percent of teens use their PLDs regularly, with 21 percent listening from one to four hours daily, and eight percent listening more than four hours consecutively. Taken together with the acoustic measurement results, the data indicate that a quarter of the participants are at severe risk for hearing loss.

Dangerous decibels

Currently, industry-related health and safety regulations are the only benchmark for measuring the harm caused by continuous exposure to high volume noise. But there is a real need for additional music risk criteria in order to prevent music-induced hearing loss, Prof. Muchnik says. In the meantime, she recommends that manufacturers adopt the European standards that limit the output of PLDs to 100 decibels. Currently, maximum decibel levels can differ from model to model, but some can go up to 129 decibels.

Steps can also be taken by schools and parents, she says. Some school boards are developing programs to increase awareness of hearing health, such as the "Dangerous Decibels" program in Oregon schools, which provides early education on the subject. Teens could also choose over-the-ear headphones instead of the ear buds that commonly come with an iPod.

In the near future, the researchers will focus on the music listening habits of younger children, including pre-teens, and the development of advanced technological solutions to enable the safe use of PLDs.

###

American Friends of Tel Aviv University: http://www.aftau.org

Thanks to American Friends of Tel Aviv University for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/116339/Turn_down_the_iPod_to_save_your_hearing

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Avastin Passes Test in Delaying Ovarian Cancer

Karen Rowan, MyHealthNewsDaily Managing Editor

Date: 28 December 2011 Time: 05:30 PM ET

My-health-news-daily

For women with advanced cases of ovarian cancer, the drug Avastin adds about four months to the time it takes for the cancer to worsen, according to a new report.

Patients treated with Avastin in addition to chemotherapy had about 14 months before their advanced ovarian cancer progressed, compared to about 10 months for those in the study who were ?treated with chemotherapy and a placebo.

An early analysis of the trial's results was presented in June 2010 at the meeting of the American Society of Clinical Oncology; the complete report from the trial appears today (Dec. 28) in the New England Journal of Medicine.

This was the third clinical trial to show that adding Avastin to standard chemotherapy treatments extends the time before ovarian cancers progress, said Dr. Carol Aghajanian, chief of gynecologic medical oncology service at Memorial Sloan-Kettering Cancer Center in New York City.

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"This is good news for women with ovarian cancer," said Aghajanian, who was not involved in the new study.

The European Commission approved Avastin as a treatment for ovarian cancer this month, but it is unclear whether the drug will be approved to treat this cancer in the United States, Aghajanian said. The Food and Drug Administration will be looking at the data.

The drug, made by pharmaceutical company Genentech, is designed to inhibit the growth of blood vessels that feed a tumor. It is currently approved to treat certain types of colon, lung, kidney and brain cancers, while the FDA recently disallowed its use for breast cancer.

Preventing cancer from worsening

The new report is based on 1,873 ovarian cancer patients who had been assigned at random to three groups. One received chemotherapy treatments along with a placebo; one received Avastin (generically known as bevacizumab) along with chemotherapy at the start of their treatment, then received only chemotherapy for the rest of their treatment; the third group received Avastin along with chemotherapy for the entirety of their treatment. The patients did not know which treatment they were receiving; neither did the doctors treating them.

The researchers measured the blood levels of a marker called CA-125 to determine whether the patients' cancers were progressing. CA-125 levels are a very early marker of worsening cancer, Aghajanian said. Levels of CA-125 begin to rise before a growing cancer is visible on a CT scan.

"They used a very conservative method of measuring progression, so we can be certain that it's meaningful," Aghajanian said.

Whether Avastin could extend patients' lives is a tricky question to try to answer with studies, Aghajanian said. At the end of this trial, for example, the patients and their doctors were told whether they had received Avastin or the placebo treatment, and it was entirely possible that those who had been on the placebo then received Avastin, she explained. Such a crossover in treatments after a study's conclusion would make it difficult to later determine whether patients who received a drug during a trial lived longer.?

Avastin and breast cancer

There are important differences between the studies of Avastin as a treatment for breast cancer and the studies of its use for ovarian cancer, Aghajanian said.

In November the FDA revoked its approval of Avastin to treat breast cancer because studies showed that breast cancer patients treated with it did not live any longer, and faced significant risks of severe side effects such as small holes developing in the intestines. The drug had been cleared by the FDA in February 2008 under an "accelerated approval" process based on promising early studies, allowing Avastin to be used for breast cancer patients while Genentech did further research.

"There was not a consistent benefit seen in the breast cancer studies," Aghajanian said. By contrast, three studies of the drug's use in ovarian cancer showed a consistent benefit.

The safety of the drug as seen in the new study "was reassuring," Aghajanian said, as was the finding that patients taking the drug reported no difference in their quality of life from patients receiving the placebo.

The rate of patients who developed gastrointestinal perforations was twice as high among those who received Avastin as among those who received a placebo, but the rate was still under 3 percent.

Elevated blood pressure was seen in more patients who received Avastin throughout the study than in those who received the drug only at the beginning or not at all.

Pass it on: A third study has found the drug Avastin can delay the worsening of advanced ovarian cancer.

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

MORE FROM LiveScience.com

Source: http://feeds.space.com/~r/Livesciencecom/~3/mUdDidVbYBc/17666-avastin-delays-ovarian-cancer-progression.html

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Friday, December 30, 2011

The Culture Gabfest, ?Writhing Around in Dirt? Edition

In this week's Culture Gabfest, our critics Daniel Engber, Dana Stevens, and Julia Turner examine whether Steven Spielberg?s new animated Tintin movie lives up to its comic book roots. Next, they look at how the word processor changed the writing process. For their final segment, Gabfesters revel in the glories of Pina, the new 3-D dance documentary about the life and work of the late choreographer Pina Bausch.

Source: http://feeds.slate.com/click.phdo?i=46dc8e1de2a0845ad531a162588497e0

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Compare Your Dental Payment History and Your Insurance Claim to Ensure You're Not Getting Double-Charged [Dentists]

Compare Your Dental Payment History and Your Insurance Claim to Ensure You're Not Getting Double-ChargedKeeping track of your insurance payouts can be difficult as it is, but Reddit user SpazMcMan points out an interesting facet of dental insurance you might not have considered: you may have unused credit from your insurance company if you pay part of your bill up front.

The basics are common with some insurance companies, here's how SpazMcMan explains it:

The insurance company pays based on a statement of work submitted by the dentist, and they may or may not know what you already paid, which is why they send you the claim information after it is paid. In case of an overpayment, the dentist is supposed to credit your account or give you a refund, but the point is the process isn't always automatic. If you know a dentist that does this, that's great. My point isn't that all dentists are crooked?my point is, it's your job to double check.

If you go to a dentist where you're doing co-pays at the time of service, that payment may not get communicated back to the insurance company. In effect, you may have a bit of credit on your account that nobody is noticing so it's good to compare the bill you get from your dentist at the time of service and the claim form you get later from your insurance company to make sure there was no overpayment. If there was an overpayment, you should call your dentist to check and make sure they have that information on file. Photo by Herry Lawford.

LPT: If you use dental insurance, your dentist often owes you money after the claim is paid | Reddit

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/awJqWEcNbbo/compare-your-dental-payment-history-and-your-insurance-to-ensure-youre-not-getting-double+charged

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Thursday, December 29, 2011

fireberd replied to Windows 8 Developer Issue in Microsoft OS Forum .

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    Source: http://en.community.dell.com/support-forums/software-os/default.aspx?ActivityMessageId=3381ce7e-13f7-4646-93b8-4c7fab2a9961

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    Northern Nigerian Christians warn of religious war (Reuters)

    ABUJA (Reuters) ? Northern Nigerian Christians said on Tuesday they feared that a spate of Christmas Day bombings by Islamist militants that killed over two dozen people could lead to a religious war in Africa's most populous country.

    The warning was made in a statement by the northern branch of the Christian Association of Nigeria (CAN), an umbrella organization comprising various denominations including Catholics, Protestant and Pentecostal churches.

    But a powerful Muslim traditional ruler, the Sultan of Sokoto Muhammadu Sa'ad Abubakar said after meeting the Nigerian president in Abuja on Tuesday that it was not a conflict between Muslims and Christians or between Islam and Christianity.

    The Boko Haram Islamist sect, which aims to impose sharia Islamic law across Nigeria, claimed responsibility for the blasts, the second Christmas in a row it has caused carnage at Christian churches.

    Saidu Dogo, secretary general for the CAN in Nigeria's 19 northern provinces called on Muslim leaders to control their faithful, saying Christians will be forced to defend themselves against further attacks.

    "We fear that the situation may degenerate to a religious war and Nigeria may not be able to survive one. Once again, 'enough is enough!'," Dogo said.

    The attacks risk reviving tit-for-tat sectarian violence between the mostly Muslim north and the largely Christian south, which has claimed thousands of lives in the past decade.

    Dogo said the CAN was calling on all Christians to continue respecting the law but to defend themselves when needed.

    "We shall henceforth in the midst of these provocations and wanton destruction of innocent lives and property be compelled to make our own efforts and arrangements to protect the lives of innocent Christians and peace-loving citizens of this country," Dogo said.

    CHRISTIANS VS MUSLIMS

    The most deadly attack killed at least 27 people in the St Theresa Catholic church in Madalla, a town on the edge of the capital Abuja, and devastated surrounding buildings and cars as faithful poured out of the church after Christmas mass.

    "What is going on is a conflict between evil people and good people," Sultan Abubakar said after the meeting at the presidential residence. "The good people are more than the evil ones. So the good people must come together to defeat the evil ones and that is the message."

    "We want to assure our brother Christians and Christian leaders to stand on the part of truth according to our religion and continue to work for the greatness of this country," the Sultan said.

    Security forces also blamed Boko Haram for two explosions in the north targeting their facilities. Officials have confirmed 32 people died in the wave of attacks across Nigeria, though local media have put the number higher.

    But the church bombs are more worrying because they raise fears that Boko Haram is trying to ignite a sectarian civil war in the nearly 160 million nation split evenly between Christians and Muslims, who for the most part co-exist in peace.

    Nigerian President Goodluck Jonathan has come under pressure to do more to fight the growing security threat which risks derailing economic gains in the OPEC member and Africa's top oil-producing nation.

    Nigeria's main opposition leader Muhammadu Buhari, a northerner and former military ruler who lost a presidential election in April to Jonathan, accused the government of incompetence on Monday, saying government was slow to respond and had shown indifference to the bombings.

    The CAN said in the statement that it was concerned that the perpetrators and their sponsors "are well-known to government and no serious or decisive actions have been taken to stem their nefarious activities."

    (Writing by Bate Felix)

    Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/nm/20111227/wl_nm/us_nigeria_blast

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    How I Turned Into That Person (slacktivist)

    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, News Feeds and News via Feedzilla.

    Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/179378009?client_source=feed&format=rss

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    Thursday, December 22, 2011

    Turkey angered by French bill to criminalize 'Armenian genocide denial'

    The French parliament is expected to pass a bill Thursday dealing with the 1915 killing of Armenians in present-day Turkey.? Any denial could result in a one-year jail term and a $58,000 fine. Turkey is furious.

    Nearly 100 years have elapsed since the killing of thousands of Armenians, but the wounds seem far from healed.

    Skip to next paragraph

    The French parliament is to vote on a bill on Thursday making it illegal to deny that the 1915 killing of Armenians during World War I was genocide.? The bill, which is expected to pass, provides for a one-year prison term and a fine of $58,000 (45,000 euros) to anyone who publicly denies it was genocide.?

    The vote in the French National Assembly has stirred a diplomatic frenzy and French and Turkish politicians are jumping into the fray.?

    ?This proposed law targets and is hostile to the Republic of Turkey, the Turkish nation and the Turkish community living in France,? Tayyip Erdogan, the Turkish Prime Minister wrote in a letter to French President Nicolas Sarkozy, Reuters reports.?

    During a Saturday news conference, Mr. Erdogan suggested that France ought to investigate her own role and actions in colonial Africa, including Rwanda.?

    Turkey maintains that the proposed bill is a political ploy by Sarkozy's political party to win the votes of 500,000 Armenians in France ahead of next year?s parliamentary and presidential elections. Sarkozy has also been an outspoken opponent of Turkey desire to join the European Union.

    Jean Leonetti, the European Affairs Minister of France, dismisses such allegations and says that opposition Socialists will endorse the bill as well. ??It has been nearly 100 years since the Armenian genocide took place, those responsible are dead, it is simply a matter of recognizing a fact of history,? he told Radio Classique, The Telegraph in London reports.

    Ersin Onulduran, chairman of the department of international relations at Ankara University, told Today's Zaman, a Turkish daily, that ?only historians and archival experts should pass judgment on the merits of historical events.?

    Although there is little consensus, Armenians say that about 1.5 million people were killed during the mass deportations of 1915-16.

    The Turkish government acknowledges the death of many Armenians, yet, it denies that Ottoman forces deliberately exterminated them.?? Turkey considers the numbers as inflated and says that Turks were also killed due to the upheaval that followed the disintegration of the Ottoman Empire. ?

    Many Turks, disappointed and disillusioned by European delays over entry into the EU, are now embracing a more assertive rhetoric.

    ?I want to state clearly that such steps will have grave consequences for future relations between Turkey and France in political, economic, cultural and all areas,? Erdogan said according to Reuters.? While Turkey implicitly threatens to boycott French products if the bill passes, it has ruled out imposing trade sanctions.

    So far this year, bilateral trade between Turkey and France is estimated at more than $13.5 billion.? About 1,000 French companies operate in Turkey.

    "We have to remember international rules and with regard to Turkey it's a member of the WTO (World Trade Organization) and is linked to the European Union by a customs union and these two commitments mean a non-discriminatory policy towards all companies within the European Union," said French Foreign Ministry spokesman Bernard Valero, Reuters reports.

    In 2006, a similar bill was introduced and approved by the French National Assembly but was later dropped by the Senate.? In France, any legislative initiative requires the endorsement of both parliament and the Senate to be enacted.?

    Source: http://rss.csmonitor.com/~r/csmonitor/globalnews/~3/RNn13R951rM/Turkey-angered-by-French-bill-to-criminalize-Armenian-genocide-denial

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    Thursday, October 27, 2011

    Chaz Bono is the latest star to exit 'Dancing'

    In this Oct. 24, 2011 image released by ABC, Chaz Bono, right, and his partner Lacey Schwimmer perform on the dancing competition series "Dancing with the Stars," in Los Angeles. Bono and Schwimmer were voted off the show on Tuesday. (AP Photo/ABC, Adam Taylor)

    In this Oct. 24, 2011 image released by ABC, Chaz Bono, right, and his partner Lacey Schwimmer perform on the dancing competition series "Dancing with the Stars," in Los Angeles. Bono and Schwimmer were voted off the show on Tuesday. (AP Photo/ABC, Adam Taylor)

    (AP) ? Chaz Bono has gotten his walking papers on "Dancing with the Stars."

    Tuesday's edition of the hit ABC TV dance competition marked the last dance for Bono. Despite his cheerful, spirited style, he had struggled from the beginning and came in last in the judges' assessment the night before.

    When he got the bad news, the transgender activist said he had come on the program "to show America a different kind of man."

    "If there was somebody like me on TV when I was growing up, my whole life would have been different," he said.

    Soccer star Hope Solo, who also was in jeopardy, avoided being sent home and will stay in contention.

    Along with her, five other celebrities remain in the contest: actors David Arquette and J.R. Martinez, reality TV personality Rob Kardashian, and TV hosts Ricki Lake and Nancy Grace. Judges' scores combined with viewer votes determine who is kicked off the show each week.

    Monday's episode had included insults, an animal comparison and two nearly perfect performances.

    A heated exchange between professional dancer Maksim Chmerkovskiy and head judge Len Goodman stole the spotlight from first-place finishers Lake and Martinez.

    Chmerkovskiy and his partner, Solo, landed near the bottom of the judges' leaderboard Monday. With 20 points out of 30, they finished just ahead of Bono, in last place with 19 points.

    When Goodman called Solo's rumba "your worst dance of the whole season," Chmerkovskiy suggested the judge get out of the dance business.

    Chmerkovskiy told one of the show's hosts that the judges seem to pick on certain contestants, and he kept up the conversation after Monday's episode.

    "The judges have their favorites," he said. "They always have."

    Bono's professional partner, Lacey Schwimmer, agreed.

    "They always have their favorites, and this season it's completely clear who they are. I won't name names, but we are not one of them," she said. "I'm actually proud of what Maks said. A lot of us don't get the chance to stand up for us and our partners."

    Schwimmer cried backstage during Monday's episode and was still upset after the show, when she complained about the judges' "rude" remarks about Bono.

    "Every week he gets referred to as an animal," she said. "They always comment on his personality, and last I checked, this was a dancing show."

    After the couple danced their tango, judge Bruno Tonioli said Bono was like "a cute little penguin trying to be a big menacing bird of prey." Tonioli had also compared Bono to an Ewok from "Star Wars."

    Carson Kressley, Chynna Phillips, Kristin Cavallari, Elisabetta Canalis and Ron Artest have already been eliminated this season.

    Associated Press

    Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2011-10-25-TV-Dancing%20With%20the%20Stars/id-3b7c70bf13f24a0e929e77f430b8f949

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    Wednesday, October 26, 2011

    UPS reports higher profit, affirms outlook (Reuters)

    (Reuters) ? United Parcel Service reported a higher quarterly profit as margins improved in the face of flat domestic shipping volume dulled by a sluggish economy, and it affirmed its outlook for record 2011 results.

    UPS has forecast record earnings per share of $4.15 to $4.40 this year on the back of cost cuts and higher shipping rates in the face of a slowly expanding global economy.

    "UPS produced another solid quarter of earnings growth against the backdrop of a deceleration in exports from Asia and a challenging global economic environment," Chief Executive Officer Scott Davis said in a statement.

    The company's shares declined 1.4 percent to $69.89 in premarket trading.

    Domestic shipping volume averaged 12.74 million packages a day, little changed from 12.73 million a year ago. Operating margins improved on higher yields, or revenue per package, as well as on more efficient networks, the company said.

    International shipping volume averaged 2.34 million a day, up from 2.24 million.

    Revenue in this segment rose more than 14 percent, twice the rate in the domestic segment, driven by 6.5 percent growth in export volume.

    UPS and FedEx Corp are considered economic bellwethers because of the sheer volume of packages they handle.

    The value of packages handled by UPS's trucks and planes each year is equivalent to about 6 percent of U.S. gross domestic product and 2 percent of global GDP.

    The world's largest package delivery company said third-quarter net income rose to $1.04 billion, or $1.06 per share, from $991 million, or 99 cents a share, a year earlier.

    Analysts on average were expecting $1.05 per share, according to Thomson Reuters I/B/E/S.

    Revenue rose 18 percent to $13.17 billion, matching the analysts' average forecast.

    (Reporting by Lynn Adler in New York; Editing by Lisa Von Ahn)

    Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20111025/bs_nm/us_ups

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    Oil firm agrees to plead guilty in ND bird deaths (AP)

    BISMARCK, N.D. ? One of seven oil companies charged with killing migratory birds during drilling operations in North Dakota has agreed to plead guilty and pay $12,000.

    Slawson Exploration Co. Inc., of Wichita, Kan., was charged under the Migratory Bird Treaty Act with for killing 12 birds that died after allegedly landing in oil waste pits in western North Dakota from May 6 through June 20. Under a plea agreement filed in federal court Monday, Slawson will pay $12,000 ? or $1,000 per bird ? to the nonprofit National Fish and Wildlife Foundation.

    The maximum penalty for each misdemeanor charge under the Migratory Bird Treaty Act is six months in prison and a $15,000 fine.

    U.S. Attorney Timothy Purdon said he could not comment on plea deal because it still must be approved by U.S. District Judge Daniel Hovland in Bismarck. Stu Kowalski, an attorney for Slawson, also declined to comment.

    Six other oil companies have pleaded not guilty to charges that their oil waste pits killed birds. They were arraigned last month in U.S. District Court in Bismarck and have until Tuesday to file pretrial arguments.

    Slawson accounted for the bulk of the 28 dead birds discovered by federal wildlife officials in uncovered waste pits operated by the companies in May and June. Most of the birds were ducks and none were identified as being endangered. Killing endangered species can lead to felony charges that bring fines of up to $250,000.

    Companies in North Dakota are required to cover the so-called reserve pits with netting if they are open for more than 90 days after drilling operations. The waste pits, which can contain oil, diesel, drilling muds and chemicals, are about the size of a large swimming pool, and birds sometimes mistake them for a good place to land.

    Also charged in the case are ConocoPhillips Co., of Houston; Newfield Production Co., of Houston; Brigham Oil and Gas LP, of Williston; Continental Resources Inc., of Enid, Okla.; Petro Hunt LLC, of Dallas; and Fidelity Exploration & Production Co., of Denver;

    Records show all seven companies have previously been fined for violating the Migratory Bird Act. Fidelity, a unit of Bismarck-based MDU Resources Group Inc., had the biggest sanction, a $44,025 penalty after 44 birds were found dead in waste pits near Green River, Utah.

    North Dakota regulators are considering banning the oil waste pits and requiring companies to recycle liquid drilling waste amid a spate of toxic discharges and an increasing number of migrating birds that have died by mistaking the polluted ponds for fresh water. State officials have said companies have sometimes foregone netting because fines can be cheaper than installing and maintaining netting.

    North Dakota, the nation's fourth-largest oil state, produces about 450,000 barrels of oil daily from about 6,000 wells.

    State regulators in June levied $3 million in fines against 20 companies that failed to protect oilfield waste pits from spring flooding. About 10 percent of the state's 500 waste ponds were swamped by meltwater after one of the state's snowiest winters on record. The waste pit breaches came despite regulators' warnings that they could happen.

    State health officials have said other fines are pending in the swamped waste pit incidents.

    Source: http://us.rd.yahoo.com/dailynews/rss/science/*http%3A//news.yahoo.com/s/ap/20111024/ap_on_re_us/us_oiled_birds_plea

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    Tuesday, October 25, 2011

    Click.to


    One of the more interesting consequences of the touchcreen revolution is the way that developments in smartphones and tablets are bleeding over into more traditional hardware and software. Click.to is a program designed to mimic in standard PCs (and Macs) the ease with which people can share content from a touch screen. In practically any app for smartphones and tablets, you can press a single button to share something on Facebook, or email a photo, or otherwise copy and paste content from one application to another. Why shouldn't we have this functionality on our plain old laptops and desktops?

    Time-Saving Shortcut
    Click.to is a small downloadable program that works on both Windows (XP, Vistas, 7) and Mac computers. After you install and launch it, Click.to will work in any application the moment you try to use the "copy function," whether you press Ctrl+C, Apple-command+C, or right-click and select "copy." A string of icons appears near the text. Select whichever one you want, and Click.to launches the program and pastes the content in the applicable spot. For example, if you select the button for Outlook, Click.to creates a new message and pastes the copied content into the body of the email.

    You can customize which icons appear from an Options menu, and, if Click.to doesn't support an application you want to use, you can add it, although the process might seem slightly complicated for less technical people. To add a new program, you have to be able to identify the executable file for the program on your hard drive.

    Numerous applications are already supported from the get-go: Google, Facebook, Twitter, Outlook, Word, Excel, Wikipedia, Gmail, Evernote, Flickr, PDF, Blogger, WolframAlpha, Bing Translate, Amazon, YouTube, and many more. Depending on what application you paste into, Click.to will automatically fill in other appropriate information, such as the subject line of an email (it will use the file name from which the text or image is pulled). Paste into a Word doc, and the source of the pasted info will be listed at the top of the file.

    One of my favorite features is how the Wikipedia icon works. Rather than pasting your copied text directly into Wikipedia's search bar, Click.to pulls the most concise definition Wikipedia has for the selected text and displays it in a bubble right on screen, so you never have to leave the first application.

    When Click.to Isn't So Time-Savey
    The number of clicks that Click.to saves you depends on what kind of copying and pasting you normally do. For sharing to social networks and drafting emails, it's pretty handy, and the Wikipedia tie-in is brilliant. But when it came time for me to get some actual work done, I occasionally found Click.to distracting because it was offering its services at times when it they wouldn't work for me. One example: I was copying and pasting information from multiple sources into one existing Notepad document. I didn't want to start a new file every time I copied more text. I just wanted to continue pasting into the file that was already open, and I couldn't find a way to do that with Click.to. However,?I later learned that there is an action that could have helped me, but it wasn't apparent enough for me to find on my own. It's called back-action, and to use it, you have to add the "browse to" button (a red icon with two white arrows) to your Click.to commands list.

    To use the back action, you first have to create a new document using Click.to with the first "paste." Then, the next time you use Click.to, you can select the "browse to" icon, and the program will bring you to the file you pasted into last. You then have to use a command for paste (Ctrl+V or Apple command+V, or right-click and select "paste"), as the Click.to function in this case only returns you to the right file and doesn't do the pasting part.

    If Click.to is still distracting for certain applications or tasks, you can always it off. And you can turn it off only for certain applications, which is a nice touch.

    Fewer Clicks With Click.to
    Productivity and efficiency experts have long studied the number of clicks and keystrokes the average office worker completes in a day. Click.to tries to decrease that total by removing several steps in the copy-and-paste process, which is usually more like: select text or item, copy, find and launch other application, open new document or navigate to appropriate spot, paste. The free product is worth downloading if you tend to use copy-paste workflows often.

    More Productivity Reviews:?

    ??? Google Gmail (Fall 2011)
    ??? SoMud 1.3.3
    ??? LegalZoom NDA Forms
    ??? LegalZoom Bill of Sale Forms
    ??? Adobe InDesign CS5.5
    ?? more

    Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/1H4_pfLKXjQ/0,2817,2395207,00.asp

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    Netflix Q3 Revenue Up 49 Percent To $822M; Will Double Content Spending In 2012

    netflixStreaming movie and TV show platform Netflix reported third quarter earnings today. Revenue came in at 822 million up 49 percent from 2010. Earnings per share for the quarter was $1.16, which is up 66 percent from the same quarter 2010. Analysts expected earnings of $0.96 cents per share. Net Income was $62 million for the quarter, up 63 percent from 2010. Netflix now has 23.8 million subscribers. Of those subscribers, 21.5 million are using the streaming service and 13.9 million are using the DVD service. Netflix actually lost around 800,000 subscribers from last quarter.

    Source: http://feedproxy.google.com/~r/Techcrunch/~3/8BIeRBHK7fo/

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    Sunday, October 23, 2011

    Elaborate plumage due to testosterone?

    Friday, October 21, 2011

    In many bird species males have a more elaborate plumage than females. This elaborate plumage is often used to signal body condition, to intimidate rivals or to attract potential mates. In many cases plumage colouration also depends on the hormone testosterone. Christina Muck and Wolfgang Goymann from the Max Planck Institute for Ornithology in Seewiesen have now investigated whether this also holds true for sex role reversed bird species. In barred buttonquails that live in Southeast Asia, females are polygamous and pair with several males that incubate the eggs and raise the young. However, not only the behaviour, but also secondary sexual ornaments that depend on the male hormone testosterone are reversed between sexes.

    Women who use typical male strategies to promote their careers are often not successful. Recent findings suggest that this strategy often leads to the opposite effect. Apparently certain behaviours are considered to be typical male, such as being offensive in business matters. Also in birds one can find clearly defined roles: The male defends a territory, courts a female and on top of has the better looks due to his elaborate plumage.

    Colourful plumage and long feathers allow a male to express its quality and/or condition without further physical demonstration of its strength. With such features they may be able to avoid physical fights which are costly with respect to energy expenditure and the risk of injuries. The size and intensity of some parts of the plumage, for example the so-called black bib in house sparrows, depends on the male sex hormone testosterone; males with high testosterone levels also possess a larger and more intensely coloured bib.

    There is hardly anything known regarding function and regulation of plumage colouration in female birds: females mostly have a dull plumage with almost no variation between individuals. However, in a few bird species sex roles are reversed: here, the females aggressively defend territories and court males. The latter incubate the eggs and care for the young without any help from the females. Only very few species are known to show such sex role reversal in behaviour and the evolutionary background is still unsolved.

    Christina Muck and Wolfgang Goymann now found a relationship between plumage colouration, body weight and testosterone concentrations in female barred buttonquail, a bird species that lives in Southeast Asia. The researchers kept the birds in pairs for one year in large breeding boxes and regularly took blood samples to monitor the time course of testosterone levels. In addition they weighed the birds and took photographs of the black throat patch of females to determine its size and colour intensity on the computer. Males of this species are smaller than females and do not possess such a patch.

    The researchers could first show that testosterone levels were similar in males and females and did not exhibit large seasonal changes. Moreover, testosterone levels were rather low which is common is species that do not show a pronounced seasonality. Nevertheless they found a strong relationship between the size and the intensity of the black throat patch and the testosterone levels in females. Moreover, in females there was a correlation between testosterone levels and female body condition. No such correlations existed in males.

    "It is really remarkable", states Christina Muck, "that the sex role reversal in behaviours is accompanied by a reversed hormone dependency in the expression of secondary sexual characters". Thus, female button quails succeed when they not only adopt male behavioural strategies but also use the underlying physiological mechanisms.

    ###

    Max-Planck-Gesellschaft: http://www.mpg.de

    Thanks to Max-Planck-Gesellschaft for this article.

    This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

    This press release has been viewed 87 time(s).

    Source: http://www.labspaces.net/114528/Elaborate_plumage_due_to_testosterone_

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    Ancient images of a mother giving birth found

    An international team of archaeologists has unearthed what might be the earliest representation of childbirth in western art, they announced Wednesday.

    Consisting of two images of a woman giving birth to a child, the intimate scene was found on a small fragment from a ceramic vessel that is more than 2,600 years old.

    It was excavated by William Nutt, a graduate student in anthropology at the University of Texas at Arlington who is legally blind.

    About 1-3/4 x 1-1/4 inches (4 x 3 cm), the fragment was part of a vessel made of bucchero, a typically Etruscan black pottery.

    The image show the head and shoulders of a baby emerging from a mother. Portrayed with her face in profile and a long ponytail running down her back, the woman has her knees and one arm raised.

    The image could be the earliest representation of childbirth in western art, according to Phil Perkins, professor of archaeology at the Open University, in Milton Keynes, England.

    "Such images are rare in ancient and classical art. A few, much later Greek and Roman images are known, but this one dates to about 600 B.C.," Perkins, who first identified the scene, told Discovery News.

    A fun loving and eclectic people who among other things taught the French how to make wine, the Romans how to build roads, and introduced the art of writing into Europe, the Etruscans began to flourish around 900 B.C., and dominated much of Italy for five centuries.

    Known for their art, agriculture, fine metalworking and commerce, they begun to decline during the fifth century B.C., as the Romans grew in power. By 300-100 B.C., they eventually became absorbed into the Roman empire.

    Since their puzzling, non-Indo-European language was virtually extinguished (they left no literature to document their society),the Etruscans have long been considered one of antiquity?s great enigmas.

    Indeed, much of what we know about them comes from their cemeteries: only the richly decorated tombs they left behind have provided clues to fully reconstruct their history.

    Poggio Colla is one of the few sites offering insight of the Etruscan life in a non-funerary context. It spans most of Etruscan history, being occupied from the seventh to the second century B.C.

    Centering on the acropolis, a roughly rectangular plateau, the site was also home to a sanctuary: numerous votive deposits indicate that for some part of its history, it was a sacred spot to a divinity or divinities.

    The abundance of weaving tools and a stunning deposit of gold jewelry discovered in previous excavations, have suggested that the patron divinity may have been female.

    In this view, the ancient depiction of childbirth becomes even more interesting, according to Greg Warden, professor and associate dean for academic affairs at the Meadows School of the Arts at SMU and a director of the Mugello Valley Archaeological Project.

    PHOTOS: Etruscan Site Reveals Domestic Treasures

    "Might it have some connection to the cult, to the kind of worship that went on at the hilltop sanctuary?," Warden wondered.

    Perkins speculated that the woman giving birth could be a representation of an Etruscan goddess, suggesting that Poggio Colla was the location of a cult-site for an Etruscan fertility goddess.

    "She would represent a new Etruscan myth, as we know of no Etruscan goddess who gives birth in Etruscan mythology," Perkins said.

    The finding, which will be detailed at the annual meeting of the Archaeological Institute of America in Philadelphia in January, is ?a most exciting discovery? according to Larissa Bonfante, a world-renowned expert on the Etruscan civilization.

    ?She could be a goddess, probably apotropaic [protective],? Bonfante told Discovery News.

    ? 2011 Discovery Channel

    Source: http://www.msnbc.msn.com/id/44975336/ns/technology_and_science-science/

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    Saturday, October 22, 2011

    NASA Sets Guidelines to Preserve Apollo Moon Landing Sites (SPACE.com)

    LAS CRUCES, New Mexico ? NASA has begun drafting guidelines to protect the Apollo 11 and Apollo 17 landing sites, listing them as off-limits, and including ground-travel buffers and no-fly zones to avoid spraying rocket exhaust or dust onto aging, but historic, equipment.

    Robert Kelso, NASA?s director of lunar commercial services at Johnson Space Center in Houston, has taken a hard look at future revisits to the Apollo sites and how to protect U.S. government artifacts on the moon.

    Kelso has carved out a set of guidelines intended to safeguard the historic and scientific value of more than three dozen "heritage sites" on the lunar surface.?

    The report, which was released on July 20, is titled "NASA?s Recommendations to Space-Faring Entities: How to Protect and Preserve the Historic and Scientific Value of U.S. Government Lunar Artifacts."?[Photos: NASA's Apollo Moon Missions]

    A greater urgency for guidelines has been sparked by the Google Lunar X Prize?s offer of $20 million to any private team that lands a robotic rover on the moon?s surface. An additional $4 million has been offered for any team that snaps pictures of artifacts near or at the Apollo landing sites.

    Key question

    For Kelso, a key question is: "As the small commercial landers make preparations for possible visits to these historic sites, how do we protect these culturally significant sites from damage so that we can inspect them historically and scientifically?"

    The recommendations listed by NASA are intended to apply to U.S. government artifacts on the lunar surface, such as:

    • Apollo lunar surface landing and roving hardware;
    • Unmanned lunar surface landing sites (e.g., Surveyor robotic landing sites) and impact sites, such as those of NASA's Ranger spacecraft, as well as the Lunar Crater Observation and Sensing Satellite (LCROSS) that slammed into the moon in October 2009;
    • U.S. government experiments left on the lunar surface, tools, equipment, miscellaneous moonwalking gear; and
    • Specific indicators of U.S. human, human-robotic lunar presence, including footprints and rover tracks.

    Archaeological input

    A recognized leader in the emerging field of space heritage and archaeology is Beth O?Leary, an anthropology professor here at New Mexico State University in Las Cruces.

    O?Leary has spent more than a decade working with historians and archaeologists researching how to study and curate human artifacts on the moon. [Photos: Our Changing Moon]

    Given a small grant from NASA and the New Mexico Space Grant Consortium, O?Leary spearheaded work through a Lunar Legacy Project that investigated protection of the Apollo 11 landing site.

    ?There is a need for more archaeological input into the process of protecting what is certainly humanity?s most extraordinary series of events that led us off the Earth and onto the Moon,? O?Leary told SPACE.com.

    The recent capacities of NASA?s Lunar Reconnaissance Orbiter (LRO) ? now circling the moon ? has? demonstrated that the probe could be used by archaeologists as an important remote sensing tool for identifying and mapping historic lunar sites.?

    Keep-out zones

    O?Leary said that the NASA guidelines create a series of keep-out zones and boundaries around the historic artifacts and features at all Apollo sites. Apollo 11 and Apollo 17 are acknowledged as having special historical and cultural significance, she said.

    Those two locales are treated as unique by prohibiting visits to any part of these sites, and all future visiting vehicles would remain beyond the "artifact boundaries" of each entire site.

    "This provides a robust zone of protection around these two sites," O?Leary said.

    In the NASA study ? for hopper configuration landers that are able to perform "low-altitude"/tangential fly-bys of identified sites ? special guidelines have been written to ensure negligible plume interactions at the surface.

    High heritage value

    "For me, the NASA document represents a giant leap for lunar historic preservation," O?Leary explained. "NASA references its ownership of its lunar hardware and the need for protecting what it calls 'witness plates' or 'lunar assets' ? those significant artifacts it created in the past that are now on the moon. This is a critical first step and many more have to follow, but for the first time NASA formally recognizes the heritage value of Apollo 11 and other extraordinary lunar sites."

    The NASA report also recognizes there have been no human impacts to the sites, which are in pristine, undisturbed condition except for the effects of the space environment.??

    "Importantly, it recognizes that future missions can disturb or change the earlier lunar sites in ways that scientific and historic information can be lost," O?Leary said. Also, some of the sites are still active and continue to provide data ? such as Apollo retro-reflectors used to measure the distance between the Earth and moon via laser ranging.

    "It was time for a preservation strategy," O?Leary said.

    Leonard David has been reporting on the space industry for more than five decades. He is a winner of this year's National Space Club Press Award and a past editor-in-chief of the National Space Society's Ad Astra and Space World magazines. He has written for SPACE.com since 1999.

    Source: http://us.rd.yahoo.com/dailynews/rss/space/*http%3A//news.yahoo.com/s/space/20111021/sc_space/nasasetsguidelinestopreserveapollomoonlandingsites

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    Friday, October 21, 2011

    ASUS' Jonney Shih unveils Transformer Prime Android tablet: 10-inch, 8.3mm, quad-core NVIDIA Tegra 3

    Whoa, Nelly! ASUS head honcho Jonney Shih just revealed the "next-generation Transformer tablet" here at AsiaD! It's the same one that we saw teased just yesterday, and Jonney affirmed that it'll ship with a quad-core NVIDIA chip, 10-inch display, mini-HDMI port, a 14.5-hour battery, an SD card slot and a top lid that looks precisely like its Zenbook line. Oh, and it's 8.3mm thick, though Jonney didn't specify as to whether that was docked or undocked (we're guessing the former!). Naturally, it'll ship with Android, and we're assuming it'll be Honeycomb to start. That said, Shih did affirm to Walt Mossberg that he expects Ice Cream Sandwich to hit tablets by the end of the year -- "perhaps earlier." Finally, we were informed that it'll be called the Transformer Prime, and while a final ship date wasn't given, we're told to expect more news on that front during the November 9th "official reveal."

    ASUS' Jonney Shih unveils Transformer Prime Android tablet: 10-inch, 8.3mm, quad-core NVIDIA Tegra 3 originally appeared on Engadget on Wed, 19 Oct 2011 21:30:00 EDT. Please see our terms for use of feeds.

    Permalink   |   | Email this | Comments

    Source: http://www.engadget.com/2011/10/19/asus-jonney-shih-unveils-transformer-2-at-asiad/

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    Boston Scientific reports 25 pct fall in 3Q profit (AP)

    WASHINGTON ? Medical device maker Boston Scientific Corp. reported Thursday that its third-quarter profit fell 25 percent on a combination of lower product sales and thinner profit margins.

    Revenue fell to $1.87 billion from $1.92 billion, mainly because of falling demand for implantable heart defibrillators. Sales of the devices declined to $503 million from $550 million in the most recent period.

    The company's stock slid 25 cents, or 4.4 percent, to close at $5.39 Thursday.

    Like other medical device makers, Boston Scientific has struggled in recent years to make up for lower sales of those products like defibrillators and heart stents, amid cost-cutting efforts by hospitals and medical studies suggesting the implants are overused. Company executives said sales were further pressured by seasonal factors, including summer vacations when hospitals perform fewer procedures.

    "We are optimistic that a modest recovery will emerge as built-up demand for elective procedures begins down the line," said acting CEO Hank Kucheman, the company's president for cardiology, on a call with investors and analysts.

    The company reported third-quarter net income of $142 million, or 9 cents per share, down from $190 million, or 12 cents per share, in the same period last year. The latest quarter's results were weighed down by $81 million in one-time expenses, including costs from the company's restructuring efforts and debt payments.

    Excluding one-time costs, the company would have earned $223 million, or 15 cents per share. Analysts polled by FactSet expected 9 cents per share on revenue of $1.91 billion, though that estimate included certain one-time expenses.

    Revenue from the company's interventional cardiology business, including drug-coated stents, was flat for the period. Stents are mesh-wire tubes used to prop open arteries after they have been cleared of fatty plaque.

    Boston Scientific's share of the global drug-eluting stent market slipped a percentage point to 36 percent amid increased pricing competition among the four companies that market the devices. In June, Johnson & Johnson announced it would phase out its drug-coated stent program after steadily losing market share for years. Although J&J pioneered the devices, its Cypher stents have fallen behind newer offerings from Boston Scientific, Abbott Laboratories and Medtronic.

    The Natick, Mass.-based company announced last month it had hired Michael Mahoney, J&J's chairman for medical devices, to become its next CEO. Because of a non-compete agreement with J&J, Mahoney will not formally become CEO until Nov. 1, 2012. Until then he will serve as a company president. He faces the challenge of increasing the company's sales when the market for its best-selling products is shrinking. The market for implantable defibrillators is expected to decline 2 percent worldwide next year, driven by a 7 percent decline in the U.S., according to estimates by Cowen and Co. analyst Josh Jennings.

    "I have made a very long-term commitment to Boston Scientific, I'm excited by this opportunity and I intend to make the most of it," Mahoney told analysts on a teleconference Thursday morning. Mahoney formally joined the company on Monday.

    Boston Scientific and other device makers have seen profits squeezed by a downturn in elective procedures, as patients delay surgery due to economic hardship. Company executives said procedures appeared to pick up in September after a seasonal slump during the summer, but long-term gains remain to be seen.

    "Despite continued pressure on global health care cost, the opportunity in this industry continues to be significant," Kucheman said. "Economic realities dictate that companies like Boston Scientific not only continue to develop technology that improves health care, but do so in ways that contribute to reducing the overall episode of treatment cost."

    For full-year 2011, the company estimates sales between $7.62 to $7.72 billion and earnings in the range of 27 to 33 cents per share, or a range of 67 cents to 70 cents per share excluding items. Analysts expect full-year earnings per share of 45 cents and sales of $7.76 billon, on average.

    Boston Scientific has not recorded a net annual profit since 2005, before its $27 billion dollar purchase of defibrillator maker Guidant.

    Source: http://us.rd.yahoo.com/dailynews/rss/earnings/*http%3A//news.yahoo.com/s/ap/20111020/ap_on_bi_ge/us_earns_boston_scientific

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    Thursday, October 20, 2011

    Apple loses round in Wall St.'s expectations game

    (AP) ? Call it the curse of great expectations.

    Apple did just about everything right in its latest quarter. The company increased its profit by more than 50 percent and boosted revenue by nearly 40 percent over the same quarter last year.

    It was the second best three-month period ever posted by the revered maker of the iPhone, iPad and iPod. Even more impressively, Apple pulled it off against a backdrop of economic uncertainty and fears of another recession. But by the sometimes absurd logic of Wall Street, it was a disaster.

    Apple Inc.'s shareholders awoke on Wednesday morning to headlines like "Apple Loses Some of Its Shine", and then proceeded to lose about $22 billion on paper, as their stock dropped by more than 5 percent ?all because Apple failed to manage the analyst expectations that can make or break a stock.

    Apple's numbers didn't surpass the high bar set by roughly 50 securities analysts who follow the company's stock. It's another reminder of how difficult it can be for even the most prosperous companies to please Wall Street quarter after quarter.

    "It's a rough game," said BGC Financial analyst Colin Gillis. "Apple has been so well for so long that it has gotten itself into a position where it has to set a new (earnings) record every quarter. Now, some of the momentum has been broken."

    The backlash to Apple's fiscal fourth-quarter report, released late Tuesday, could very well turn out to be a gross overreaction. If so, this is a prime buying opportunity for investors willing to go against grain.

    Apple suggested as much as by issuing a jolly outlook for the current quarter, which includes the holiday shopping season. The projections call for earnings and revenue above analyst estimates, an anomaly for a company that makes a habit of lowballing its quarterly predictions. Analysts have caught on to Apple's tactics, so they deliberately set their estimates above the company's forecast. Gillis' rule of thumb, for instance, is to expect Apple's quarterly revenue to be about 20 percent above the company's publicly-stated target and for earnings to be about 40 percent higher.

    The Oct. 5 death of Apple co-founder and CEO Steve Jobs throws a new twist into the equation.

    Now that Tim Cook is chief executive, analysts must now figure out whether the rules of Apple's expectations game have changed. ISI analyst Brian Marshall thinks that's unlikely because Peter Oppenheimer, Apple's chief financial officer for the past seven years, remains in charge of the numbers. What's more, Cook has promised not to mess with the "magic" that has increased Apple's market value by nearly $300 billion during the past decade and established it as technology's most valuable company.

    Trying to figure out how much money a company is going to make every three months is a little like pulling a rabbit out of a hat. Most major companies provide some guidance to help analysts because it helps keep their stock prices relatively stable. Big drops, in particular, are unwelcome because they can raise anxiety among customers and business partners. For technology companies that offer employees stock in lieu of lavish salaries, those dips can affect morale.

    Some companies, though, refuse to dance to Wall Street's tune. Internet search leader Google Inc., for instance, has never provided guidance during any of its 29 quarters as a publicly-held company because founders Larry Page and Sergey Brin don't want business decisions to be influenced by a short-sighted number determined by a group of outsiders.

    This refusal has been a bit of a double-edged sword for Google. The company has exceeded analyst estimates in most quarters, helping to boost its stock price after the quarterly numbers, but there have been a handful of letdowns that might have been avoided if management had been more transparent.

    Apple's big mistake in its latest quarter centered on the impact the Phone 4S ? already a hit in the current quarter? would have on its revenue in the just-completed quarter. As word got out that the next generation of the iPhone would be hitting the market in the fall, more shoppers decided to hold off on buying the version already in the stores during the summer.

    The result: Apple sold 17.1 million iPhones from July through September, below the 20 million units that analysts had factored into their projections. That left the company, which is based in Cupertino, Calif., with earnings per share of $7.07 on revenue of $28.3 billion instead of the earnings per share of $7.28 per share on revenue of $29.4 billion projected by analysts.

    Missing the mark inevitably led to some second guessing, particularly now that Jobs is no longer around. Cook had been running Apple since Jobs went on medical leave in January, but he didn't take the CEO job until Aug. 24 with about five weeks left in the company's fiscal fourth quarter.

    Apple could have avoided the problem that caused the quarterly earnings miss by releasing the iPhone 4 in the middle of the reporting period, Gillis said. That's a strategy that Jobs had sometimes adopted when Apple was preparing to release a hotly anticipated device that threatened to cannibalize sale of an earlier product.

    If the iPhone 4S had been in stores just during the final week of September, the sales would have been enough for Apple to meet analyst expectations. That's based on Apple's sales of 4 million units of the iPhone 4S since its Oct. 14 release.

    "The lesson to be learned here is to be careful when you have a new product coming out," Marshall said. "Even in a tough economy, people still want the latest and greatest device and they are willing to keep some money in their back pocket to buy it."

    Marshall, by the way, expects Apple to more than make up for its shortfall in the latest quarter: he foresees nearly 27 million iPhones being sold in the current quarter and expects the company's stock price to hit $500 within the next year. Apple shares fell $23.62 Wednesday to close at $398.62.

    Associated Press

    Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-10-19-Apple-Great%20Expectations/id-cfbfed00a8d3444099a975d32b36a847

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    Citi posts higher earnings but warns on growth (Reuters)

    (Reuters) ? Citigroup Inc reported higher quarterly earnings, helped by an accounting gain, but warned that developed markets could face weak growth for years, and the bank's shares fell.

    The results were better than expected, but the bank's shares shrugged off early strength and ended the day lower amid broader concerns about the industry's future profitability. Wells Fargo & Co posted a steep drop in lending margins on Monday.

    "When you look at the (accounting gain) and the loan loss reserve releases, those stick out like sore thumbs," said Matt McCormick, portfolio manager with Bahl & Gaynor Investment Counsel. "Investors are saying they like banks to beat expectations, just they don't like how Citi did it."

    Like its rivals, Citigroup was hit by the European debt crisis and the sluggish U.S. economy. Investment banking fees dropped and its loan book fell 2 percent. Operating expenses rose, in part because of investments made to boost its business.

    Chief Executive Vikram Pandit is trying to turn the bank around after the financial crisis by focusing on emerging markets, where economies are still growing relatively quickly. The weak U.S. economy also weighed on results at JPMorgan Chase & Co last week.

    "In the developed markets, growth is likely to be slow for years," Pandit said in a conference call with analysts.

    He also said the U.S. housing market remains the "greatest risk" that domestic banks face.

    Chief Financial Officer John Gerspach said the bank's net interest margin is expected to decline by a few hundredths of a percentage point every quarter for the next few quarters, if the bank does not make a significant portfolio sale.

    Growth in the developed markets is weak, but the emerging markets, which have fueled much of Citigroup's profit gains in recent quarters, showed early signs of sputtering. For example, retail loan volume in Latin America dropped 7 percent in the third quarter from the second quarter.

    Citigroup, the third-largest U.S. bank by assets, reported net income of $3.77 billion, or $1.23 per share, up from $2.17 billion or 72 cents per share a year earlier.

    The latest results included a pretax gain of $1.9 billion, or 39 cents per share after taxes, due to the bank's widening credit spreads during the quarter. When a bank's debt weakens relative to U.S. Treasuries, it can record an accounting gain because it could theoretically profit from buying back debt.

    Excluding that gain, Citi earned $2.6 billion, or 84 cents per share.

    Analysts' average forecast was 81 cents per share, according to Thomson Reuters I/B/E/S.

    After rising by as much as 3.8 percent in the morning, Citi shares changed course and ended 1.7 percent lower on the day at $27.93.

    The bank's share price has fallen about 40 percent this year, in line with declines for other large banks.

    IMPROVING CREDIT

    Citi, which received three U.S. government rescues at the height of the financial crisis, is seeing its problem loan portfolio shrink.

    Nonaccrual loans fell to $7.95 billion in the third quarter from $12.46 billion a year earlier.

    As part of the improving credit picture, Citi also announced plans to move its retail partner card business from Citi Holdings, the unit where the bank keeps assets and operations it is shedding, into Citicorp, where it houses its main continuing businesses.

    Citigroup had been looking to sell the unit -- which includes $42 billion in credit card loans -- after forming Citi Holdings in 2009.

    But CFO Gerspach said the business now makes sense with Citigroup's on-going business, as the portfolio is now "markedly different" than in 2008 and 2009 at the height of the financial crisis.

    "We figured out how retail partner cards fit the broader payment strategy" for U.S. consumer, Gerspach said. The bank has no plans to take its OneMain Financial business into its Citicorp unit, he added, because it is not as good a strategic fit.

    OneMain makes consumer loans, typically to less-wealthy borrowers, while Citigroup is focusing its retail businesses on higher-income consumers globally.

    A tough dealmaking market may also be contributing to the card unit's move.

    Gerspach said the current market environment is "a bit daunting" for selling large loan portfolios.

    INVESTMENT BANKING HIT

    Like JPMorgan, Citigroup's investment banking business was hurt when European market turmoil made companies reluctant to buy competitors or issue securities.

    Revenue at Citi's continuing securities and banking business fell 12 percent excluding the debt value adjustment, to $4.84 billion.

    Overall operating expenses rose 8 percent from a year earlier. Operating expenses were $12.46 billion and have been hovering around that level since the fourth quarter of 2010. From the beginning of 2009 through the third quarter of 2010, quarterly operating expenses were typically closer to $11.9 billion.

    (Reporting by Joe Rauch in Charlotte, N.C.; editing by Gerald E. McCormick, John Wallace and Matthew Lewis)

    Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20111017/bs_nm/us_citigroup

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