text:
Hedge-Fund Horrors
Once upon a time, the word "hedge" was used to describe shrubbery, such as those nifty privet hedges that make such wonderful boundary plantings. But these days, the word has taken on a financial cast: hedge funds, the legendary investment vehicles that allowed the likes of George Soros to make billions for themselves and their investors.
But instead of restricting itself to a handful of rich investors, as it once did, the hedge-fund industry is now going downscale. Sort of. Securities laws require that anyone buying a hedge-fund stake be a "qualified"
investor with a net worth of at least $1.5 million or an investment of at least $750,000 in the fund. Now, regardless of your net worth, some fund companies will let you buy a stake in regulated mutual funds that invest in hedge funds, which are largely unregulated.
This lets you buy indirectly what you're not considered rich or sophisticated enough to buy directly. But, hey, owning shares in such a mutual fund lets you brag about your hedge-fund holdings at parties, which has got to be worth something. Beware, though. If you're an average retail investor--which most of us are--you should avoid these things unless you really know your way around the investment world.
This has nothing to do with the occasional hedge-fund disaster, the most recent of which is Bayou Securities. That fund, now out of business, claimed to have $440 million of assets and a fine performance record. As regulators and lawsuits now make clear, however, Bayou was a fraud that fooled even some experts who help investors decide which hedge funds to buy. But Bayou's demise isn't the hedge-fund problem I'm worried about. If you invest in a mutual fund that owns a diversified portfolio, one disastrous holding won't wipe you out. My problem with hedge-fund investments for small fry involves costs. Hedge funds now typically ask investors to pay an annual fee of 2 percent of assets, plus 25 percent of the profits that the fund makes. So if a hedge fund earns 15 percent a year--a pretty good return these days--you're left with less than 10 percent after the managers take their 2 percent off the top and 25 percent of what's left. Throw in another layer of expenses if you're investing through a mutual fund that buys stakes in hedge funds, and close to half the return goes for fees and costs.
Back when hedge funds were far less popular, investors had a much better chance to do well. The typical fees were much lower than today's: 1 percent of assets and 20 percent of profits. But now--with 8,000 hedge funds, higher fees and mediocre markets for most stock and bond classes--hedge-fund investors are doing less and less well relative to the market.
Even sophisticated players with billions to invest and access to first-rate information don't expect to make anything like past returns. Take General Motors, whose $100 billion pension fund has one of the best investing records on the planet. "Our expectations are not the 15 to 20 percent [a year] of the '90s. It's more like 8 to 10 percent," Allen Reed, head of GM Asset Management, told me in a recent interview. He's talking returns after fees, of course. And--trust me on this--Reed is getting a better deal on fees from the creme de la creme of hedgies than you're going to get. If Reed, whose target return is 9 percent a year, is hoping to make maybe 10 percent on GM's hedge-fund investments, what do you think you're likely to make on yours? Hint: it's a lot less than 10 percent a year.
Keep up with this story and more by subscribing now
Susan Wyderko, head of the Securities and Exchange Commission's office of investor education, warns investors to beware. "Although funds of hedge funds offer more diversification than investing in a single hedge fund," she says, "they still can be riskier and more expensive to own than traditional mutual funds."
I'm all in favor of intelligent, informed investors' being allowed to take intelligent risks with their money. But I fear that hedge funds have had such a glorious history (and sound so sexy) that naifs will buy into them and get burned.
And wait, there's more. Because far too many pension funds invest based on past performance, pension money has been flooding into hedge funds the past few years, even as hedgies' performance has deteriorated. Lots of pension funds are treating hedge funds as something in which to invest a certain percent of their assets, rather than as complicated, tricky investments that should be analyzed individually. This can't possibly end well.
So unless you really know what you're doing, use your hedge-fund money to purchase privets. Those investments, at least, are almost guaranteed to grow.


text:
Do you love the look of shabby chic furniture?
Leatique Shabby Chic did a gorgeous job on this Vintage Shabby Chic Dresser! They used a combination of baby pink, ocean blue and thunder grey paints to create this beauty.
As always you can click on the photos to get all the juicy details.
Don't forget… you too can submit your paint projects. Just click the "Submit Your Paint Project" in the menu bar and fill out the form.
Have a great day with a splash of paint!

subset: commoncrawl


text:
Chris Fountain appealing for help to trace his stolen car
- Bang Showbiz
- 16 September 2016
Chris Fountain has made an impassioned plea to his Twitter followers to help locate his Audi A7 after the car was stolen from Cheadle, Manchester on Thursday (15.09.16)
Chris Fountain has pleaded with his Twitter followers to help him find his stolen car.
The former 'Coronation Street' actor posted an impassioned plea on Twitter on Thursday evening (15.09.16) after his Audi A7 was stolen in Cheadle, Manchester earlier in the day.
He wrote: "My silver Audi A7 (MJ11 MUA) was stolen this morning from Cheadle, Manchester, any info leading to its return will be substantially rewarded ...
"If everyone could retweet my last tweet I'd really appreciate it x (sic)"
Meanwhile, the 29-year-old actor previously admitted he became a bit of a recluse after he was sacked from the ITV soap over a rape rap video.
He shared: "Stupidly, when I was quite a bit younger, I got involved with a group of people. I didn't know them particularly well and just decided to try and impress these people and ended up doing some very stupid things ... I've constantly worked since I was 15.
"I started on 'Hollyoaks' then I did 'Dancing on Ice' and then 'Coronation Street' and then this happened. It put my family through absolute hell. I didn't leave the house for a long time. I was depressed, really ashamed."
After being sacked from his job, Chris tried desperately to focus on his fitness.
He added: "It was tough, this is all I've ever done. I've always been an actor so to have that taken away from me because of something I've brought on myself is an absolute killer but I've tried to keep myself busy in the gym.
"It's such a gift for me to be able to do what I love to do ... We start rehearsals [for 'The Full Monty'] in a couple of weeks ... I've recently just lost two stone in the gym but still a long way to go."


text:
Natural personal care products have become a "must have" as conventional products continue to add dangerous ingredients to their formulas. Lucky Vitamin offers an incredible selection of natural products and is happy to introduce another premium brand of skin care products: BioRepublic.
BioRepublic formulates express facial treatments delivered in a convenient, new format that makes masking easy and mess-free. The company ensures that every single product contain no parabens, sulfates, triclosan, or pthalates, and are 100% cruelty-free.
Dermatologist tested and totally transparent, BioRepublic skin care is an innovative line that provides a new way to unmask your skin's potential. This brand's unique products are designed to significantly improve your skin naturally. BioRepublic offers powerful serum-infused sheet masks take the convenience to another level. Not only are they almost weightless and take up virtually no room in a carry-on, but they don't need to be rinsed off after use. Not having to wash your face after the mini spa session means you can keep your mascara on, treat the serum as your moisturizer and be out the door for a dinner or early morning meeting after a redeye within minutes.
You can save even more when you shop BioRepublic skin care products at Lucky Vitamin.com. Just enter the promo code JUNE16NEW16 at checkout to get an extra 15% OFF on all items of this new brand. But hurry, this offer expires 6/30/2016.
More Related Products


text:
You will set Mask Shape keyframes for the Mouth layer to match the audio narration. Shapes have been created for the different syllable and vowel sounds, and you'll apply each of these shapes to the Mouth layer at the appropriate time. For example, an O shape will be used whenever the ghost makes an O sound. After Effects interpolates all of the intermediate keyframes, and the results can be very effective.
You can get a lot of practice here by setting all the mouth shape keyframes, or you can again use the keyframes available in the Ghost library. If you choose to create your own shapes, complete this section. If time is limited and you'd like to use the library of shapes, skip to the first step of the next section, "Using the library of Mask Shape keyframes" .


text:
Skipper Andy Cates weighed his fish after the four-day Charkbait trip that arrived at H&M Sportfishing September 9. The group fished offshore and at Cedros Island for limits of yellowfin tuna and 64 bluefin tuna, some of which were very large, as Pacific bluefin go. There were also 21 dorado in the catch.
First Place jackpot: 144.2-pound bluefin caught by Andy Veldkamp of Newhall
Second Place: 135.2-pound bluefin taken by Melissa McBratney of San Diego
Third Place: 134.8-pound bluefin decked by Brandon Young of Torrance
Trolling Jackpot: 33.4-pound yellowfin tuna caught by Mark Smith
New Hot Tropic T-Shirts by Guy Harvey
Introducing the new Hot Tropic t-shirts from Guy Harvey. If smokin hot describe the newest line of Guy Harvey t-shirts, then on fire does! Hot Tropic tees are the next evolution of Guy Harvey t-shirts. Iconic Guy Harvey artwork has been color filtered and tweaked to deliver graphics that totally explode off the t-shirt. Each Hot Tropic T-Shirt is made from Hanes 6.1-oz. 100% ring-spun cotton blanks, featuring full-back graphics and a Guy Harvey signature logo on the left front chest pocket.
Premium quality Hanes 6.1-oz. blanks
100% ring-spun cotton
Full back screen print for vivid colors
Front chest pocket with signature logo
Tag-less neck label for comfort
The MSRP for Hot Tropic t-shirts is $24.00. They are offered in an assortment of colors and in sizes S to 2X. Visit http://www.guyharveyinc.com for more details and to locate a retailer near you.


text:
Allen Ames, Troy Rider, Brian Daniels
Lee Driver, Matt Skyler, Patrick Allen
Doug Jeffries, Matt Skyler
Nino Bacci, Dale Summer, Marco Antonio, Matt Skyler
Colby Taylor, Johnny Brosnan, Travis Wade, David Moretti, Robert Balint, Ryan Michaels, Matt Spencer, Erik Hanlan, Lindon Hawk
Matt Skyler, Seth Adkins
Jeremy Penn, Brian Daniels
Rod Barry, Kurt Stefano, Brian Daniels
Ethan Marc, Brian Daniels
Matthew Rush, Matt Skyler
Matt Skyler, Addison Scott
Travis Wade, Matt Skyler, Jeff Palmer
Scott Austin, Alec Martinez, Travis Wade, Emilio Santos, Carlos Morales
Shane Rockford, Matt Spencer
Brett Michaels, Corey Summers, Jason Law
Falcon Studios has been providing award-winning, premium gay hardcore entertainment for over three decades. FalconStudios.com brings 8 studios together in 1 prime porn network including: Falcon, Falcon Member Exclusives, Guys Like Us, Jocks Studios, Mustang, Falcon International, Str8Men and their newest line, Falcon Edge. A membership to the site gives full access to over 2400 exclusive videos, 694 DVD's, 3 weekly updates and unlimited streaming.
The men of Falcon Studios include the hottest pornstars today along with the legends from the past 30 years. They are the cream of the crop: athletic, well-built, good looking and with big, meaty cocks. All videos are filmed in HD for the best viewing experience. Join today and unlock the entire Falcon Studios library of premium, award-winning gay porn and settle in for an extremely good time!
FalconStudios.com will give you the best gay porn videos with Group sex/orgies, oral sex, cum shots, and more! Hot and sexy gay porn videos never run out on FalconStudios.com, with access to the entire porn network, there is always new and exciting xxx videos coming, with hot studs, sculpted muscles and big juicy dicks.


text:
Pantone LLC is a wholly owned subsidiary of X-Rite, Inc.© Pantone LLC, 2018. All rights reserved.
need help?
find products in 3 easy steps
find a PANTONE Color
The Farnsworth-Munsell Dichotomous D-15 Test is an abridged version of the 100 Hue Test for screening color vision defects only. The D-15 Test is intended for the detection of color vision defects such as red-green and blue-yellow deficiencies as opposed to color acuity. The test consists of a reference cap and 15 removable chips of incremental hue variation.
Download the FM 100 Hue Test brochure.
Want it next business day?Order by 2pm EST and choose One-Day Shipping at checkout. U.S. orders only.
Find a product in : Your Country
Read: Shipping & Rates
View: Return Policy


text:
The mission of Lone Star Cowboy Church is to reach, teach, and disciple the wise who will seek Him.
- To reach the people of Montgomery and surrounding counties with the Gospel of Jesus Christ.
- To help them realize the power of Christ's resurrection in their personal life through salvation and discipleship.
- To develop a body of missionary minded believers to reach out to the youth and family through Rodeo Bible Camps, Rodeo Schools, and various other activities.
- To draw people back to the family.
- To send representatives out to different activities to hold church services.


text:
Strength, speed, agility and the knowledge how to use them to your advantage. Those are the battles we help you fight. We give you the tools to win the championship.
Swing mechanics, bat velocity, bat quickness, and bat quickness. Learn the success combination that guarantees an effectiveness at the plate.
Breaking tackles, bursting off the line, lining up with the ball in it's trajectory. The little things matter and make big things happen.
Read More »
The craze these days are a nice butt, abdominals, ...
A full out assault on getting in shape quick can l...
Here are some exclusive fast facts from Adrenaline...
The colorful and stylish metro UI interface will win your attention from the first sight.
Changing Your Eating Habits
No Plan = No Results
Adrenaline Rush Sports & Fitness is for athletes 10+ and active adults looking to make history when the opportunity presents itself. It takes preparation, commitment, and mental toughness. This is what the Adrenaline Rush Sports& Fitness Experience is about.
#arushsports #1ShotToMakeHistory
How can we serve you?


text:
I am a person that has always found it extremely hard to take compliments and always feel people just put up with me and are being nice just for being the wonderful person that they are.
Ever since I started my blog I have always replied to every comment on my blog that has been left, but I wonder how many actually ever come back and read my replies, after all, sometimes it was just a quick thank you, other times a bit of a laugh and a joke. And you are all just as busy with your blogs and life. For me it was a record of knowing I had read and acknowledged you all.
However, things lately are getting busy on my blog, maybe not so much as more posts, but more my time commitments (which I am thriving on by the way), and as I also visit so many of you on a day to day basis (as do you all) and leave comments on your blogs, I was wondering if you would all mind if I focused on visiting you and commenting on your blog, reading the comments I receive and if anyone has any questions I can always visit you and answer.
Does that make sense? LOL!
I am so loving doing my blog, getting involved with all these new things. Learning new stuff and so enjoying my crafting time and being able to share it with like minded people. None of my friends, locally, are in to crafting, so I'm not even able to discuss things with them or even show them what I do, for fear of being laughed at mostly - but then that's just me.
So please continue visiting, and supporting me and encouraging me. I always read every comment and will still post odd words of thanks etc and obviously visit you and leave lots of lovely comments :-)
Thank you my crafting friends.
Hugs and Happy crafting.


text:
Three Handsome Design Recommendations for My Jeep Grand Cherokee's Dashboard
The touchscreen dashboard has transitioned from a feature exclusive only to luxury cars to an expected component of any new car purchase today. As a result, having a touchscreen isn't enough of a differentiator any more, as is the ease-of-use and functionality contained within it.
My Jeep Grand Cherokee is no different. Just like every other dashboard today, it offers GPS, XM Radio, Climate Controls, Apps, Alerts and more.
Here are three recommendations for those lucky few who get to work on car dashboard design:
1. Stop Scaring Me.
Every once in a while, the dashboard displays an Amber Alert, telling me that there has been a Child Abduction Emergency, without any other information regarding location, time of the abduction, car's license plate or anything else. As much as the average Jeep driver wants to be a vigilante, if this kind of information is going to take over the display, then at least provide more information.
Note: When will the child abduction end? Also, the "Show Map" button doesn't actually do anything.
2. Less is more. No, seriously.
The driver needs to keep one hand on the wheel while also trying to navigate the dashboard display. Allow the user to customize the configuration of the navigation and remove/hide less frequently used features that clutter the screen. Also, don't underestimate hardware performance. Keeping a physical button for the a/c while the driver is going 80 miles per hour and overheating is smart. Lag time on the touch screen also has a material impact on the quality of the interaction experience.
3. Play nice with my iPhone.
The dashboard is the information center of the car, and with browser access becoming more prevalent, perhaps the world. As an important anchor, it needs to adapt to its surroundings. Plugging in an iPhone should not kill the bluetooth connection. By keeping the system open and fluid, the dashboard will be able to better respond to its surrounding environment.
Overall, dashboard design doesn't seem to be improving at the same rate as desktop, tablet or mobile device design. Soon, hopefully, car manufacturers will realize the car is a mobile device and the dashboard interaction requires just as much attention as any other tested feature of a new car. If you're interested in seeing what's out there now (in concept and in real life), Dennis Nevozhai has put together a nice collection on Medium.


text:
The Australian government says it is planning to phase out direct aid to China and India as part of sweeping reforms to the country's overseas aid budget. Foreign Minister Kevin Rudd also wants a more active role for non-government organizations in the aid program.
Australia spends around $5 billion on foreign aid each year. That figure is expected to rise to $8 billion by 2016, which represents half a percent of national income.
In defending the increased foreign aid budget, Rudd said it is not in Australia's nature "to be indifferent to the sufferings of others."
Fraud allegations
However, there have been allegations that fraud has become rampant in the foreign aid system, although government figures state that for every $1,000 spent on aid, only 21 cents is skimmed off.
The foreign minister says there will be a new effort to improve transparency in the budget and the performance of every aid program, as well as an evaluation by an independent committee.
Rudd says the biggest changes will be the ending of direct financial assistance to China and India.
"These countries are already substantial and significant economies in their own right - one the second largest economy in the world, the other the sixth largest economy in the world," Rudd said. "If we continue to support programs within these countries, we will rely primarily on multilateral mechanisms."
Spending shift
Australia will focus about 75 percent of its spending on programs in Southeast Asia and the Pacific Islands.
The country's so-called "fragile" neighbors: East Timor, Indonesia, the Solomon Islands and Papua New Guinea - will be at the heart of Canberra's efforts abroad to promote gender-equality as well as humanitarian and emergency assistance.
About 11 percent of the aid budget will fund aid programs in Africa and the Middle East.
Rudd also wants Australian charities and other non-government relief agencies to have a greater role in reducing poverty overseas. Charities and the conservative opposition have broadly welcomed the aid review, which they say demonstrates Australia's generosity is saving lives in poorer countries.


text:
|Click Here
With The Electric Assist, It Takes No MoreEffort To Walk Than A "Walk In The Park"
The Lopifit comes equiped with an advanced Shimano Nexis transmission, LED lighting, a powerful Quantum electric motor and a convenient luggage carrier. It is built with a strong steel frame and is available in six colors.(Black, Royal Blue, Orange, Fire Engine Red, Silver, and White).
When you are walking on the Lopifit you push the treadmill backwards with your feet. A sensor registers the movement of the treadmill and gives a signal to an electric device which will activate the motor. The motor now supports you to continue the walking movement. Using the brake will shut off the motor immediately. If you are going downhill, a free wheel function is activated.
| The Lopifit Comes In 6 Colors.
Black, Royal Blue,Orange,Silver,
Fire Engine Red and White
When and if the Schwinn Bicycle Company incorporates a treadmill bike into their product line, you will see it here on Schwinn-Go Bicycle And Fitness.


text:
After Years Of Planning, Kasich Says He Never Wanted To Frack State Parks
After spending years aggressively preparing to lease state property for fracking to oil and gas companies, John Kasich has suddenly and abruptly changed his mind after a secret memo showed that Kasich's team had prepared a hit list of anti-fracking organziations and individuals in an attempt to sell Ohioans on their plan to drill on state land.
Here's a quick timeline of events leading up to today's big
lie announcement that Kasich would never want to drill on state property…
- On June 21, 2011 House Bill 133 was passed by the Ohio Senate and is quickly signed by Governor Kasich. The bill would open up Ohio's state parks and forest to gas and oil exploration and "fracking".
- In early 2012 Kasich's ODNR team begins an intensive operation to identify and catalog state property sitting on potential oil and gas deposits.
- In April 2012, Kasich's ODNR team released sample drilling leases for state parks.
- By August, Kasich's ODNR team created a plan to aggressively market fracking on state land. The plan included a hit-list of "eco-left" individuals and groups who needed to be targeted, including State Reps Nikki Antonio and Bob Hagan. It also provided a list of supporters that could be enlisted to help, including Haliburton, JobsOhio and right-wing blog Third Base Politics.
- That same month, multiple members of Kasich's office, including Wayne Struble and Chief-of-Staff Beth Hansen, met with ODOT officials to discuss the plan.
- This past Saturday (2/15), news of the marketing plan was leaked to the press by the Kasich administration in an attempt to get out ahead of planned press conference by ProgressOhio. Kasich spokesman Rob Nichols lied to the Dispatch claiming that "the governor's office had never seen the plan".
- On Tuesday (2/18), news of the meeting between ODOT and Kasich's team was revealed. Nichols, now caught in a lie, told the AP: "of course the administration is going to coordinate and plan ahead on an important issue like gas production on state land." By the afternoon, Kasich's people cancelled a planned meeting with Enquirer reporters and editors.
- Today (2/19), now in full crisis mode, Nichols told the Dispatch that "the governor doesn't support fracking in state parks… and that's been his position for the past year and a half."
You can't make up a story like this.
The Kasich administration spends two years finding state property that can be leased to oil and gas drillers, they draw up sample leases, they prepare a marketing plan for selling fracking in parks to Ohioans, and now suddenly Kasich has never supported drilling on state lands??
Even worse, Nichols keeps getting caught in lies, and he tries to cover it up with more lies. In 5 days we've gone from: 'The governor's office has never heard of this secret fracking memo' to 'of course we worked with ODOT on that fracking memo' to 'Fracking? On state lands? We never supported that!'
Ladies and Gentlemen? The John Kasich Administration at its best.
And this guy still leads in the polls? Fritz had better get his act together fast and start exploiting this forked-tongue flip-flopper. He needs to get on the air with some warm and fuzzy biographical spots and follow up with some hard-hitting ads targeting Kasich. God knows there's a whole range of topics to hit him on: fracking, RobsOhio, failure to create the jobs he promised, education, SB 5…readers can add to the list…
Kasich really meant to say, "I never supported fracking in state parks during an election year."


text:
Gail Collins, snarking on the Gore dee-vorce:
I think the nation as a whole is thinking that if Al and Tipper split after 40 years, no marriage is ever safe. And the fact that Hillary and Bill outlasted them means that we've been lied to by a generation's worth of Lifetime movies.
Heh. OK, but seriously. It has been widely noted that in the political iconography of the 2000 election, the Gores were supposed to be the decent, happily married couple, in contrast to those skeezy Clintons, with their marriage-as-business-merger. That was what the Kiss was about. Well, well, well, here were are 10 years later, and the Gores are splitting the sheets, while the Clintons are still husband and wife. So what does that tell us?
Let's stipulate that almost no one outside the couple itself knows what really goes on in any marriage, so all speculation is mostly bunk. But why should that stop us, right? Here's what I'm wondering: which couple offers the wiser guide to how to handle a marriage that has gone south? I think it's safe to say that Bill and Hillary Clinton lead separate lives — the reason the Gores have given for deciding to end their marriage. The Clintons, for reasons known only to themselves, have elected to remain married. Surely nobody would begrudge the Clintons a divorce, given, you know. Besides, the idea that Hillary needed to stay married to Bill for the sake of her own career made cynical sense at one point, but it no longer does. She's well-established on her own, to say the very least. The two almost never see each other. So why stay married?
It's possible that they have reached an agreement, formal or not, that they'll live separate lives within marriage — a very European sort of arrangement. The Gores could have done the same thing, but chose not to, preferring instead to formalize with a separation the private reality inside their marriage.
Again, we don't know what really has gone on inside either marriage, but I want to use this comparison to poll the room here. I'm interested in who provides the better example for how to handle a marriage in which the spouses, for whatever reason, have begun living separate lives? [Let us assume for the sake of argument that the children have all grown up.] The Gore example has about it a sense of honesty. Why pretend that we have a real marriage when we no longer do? Why should we stay together when we are no longer happy together?
On the other hand, the Clinton marriage, however hollow from the inside, still honors the "till death do us part" formality. Besides, if there is no deceit or abuse inside the marriage, is it so wrong for them to agree to stay married, honoring their partnership as a social institution? Where is it written that a married couple must have romantic affection for each other for their marriage to be worth something — and worth preserving?
What do you think? Clintons or Gores? Explain your reasoning.
UPDATE: Folks, judging from the comments thread, I've not made myself clear. I don't really want you to reflect on the Clintons versus the Gores themselves. I'm using them as real-life examples of two different ways to handle a marriage in which to all appearances the partners have grown far apart emotionally, and lead separate lives. The question I'm asking is not, "Who's better, the Gores or the Clintons?" I'm simply trying to tease out reflection on whether it's better to end a marriage in which both partners have emotionally separated, or rather to keep the marriage together, with diminished expectations about what marriage is. I have deliberately left religion out of the reckoning, because neither the Gores nor the Clintons appear pious, and I have left children out too, because both couples have children who are grown. Religious belief, at least among pious Jews, Muslims and Christians, would have to strongly condition one's response, as would having young children in the house. Anyway, please get it straight that I'm not actually interested in the Gores as a couple, or the Clintons, but rather both as a model for how to handle marriage that has, at an emotional level, failed.
- Related Topics
- Morals


text:
SOURCE: Workday, Inc.
September 27, 2016 11:05 ET
Workday Learning Sets New Bar With Next-Level Video and User-Generated Content Capabilities for Greater Employee Engagement
Workday Learning Sets New Bar With Next-Level Video and User-Generated Content Capabilities for Greater Employee Engagement
PLEASANTON, CA--(Marketwired - Sep 27, 2016) - WORKDAY RISING -- Workday, Inc. (NYSE: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced the availability of Workday Learning, an application that offers a personalized, meaningful learning experience for organizations to encourage career development at every stage of the employee lifecycle. Leveraging a consumer-like approach with recommendations and leading-edge video and user-generated content capabilities, Workday is reimagining professional learning to help companies improve employee engagement. Built into the core of Workday's unified suite of applications, including Workday Human Capital Management (HCM) and Workday Financial Management, Workday Learning extends customers' ability to cultivate their workforces and enables them to better align employee development and workforce productivity to drive better business outcomes -- all in a single system.
Learning Designed for Ever-evolving Individuals and Organizations
Today's constant rate of change and disruption has forced companies and institutions to reinvent themselves in order to keep pace, prompting a transformation of people, cultures, and entire organizations into adaptable enterprises. Workday Learning was created to meet the evolving needs of organizations and employees with a personalized approach to learning and development, similar to the experiences sought out with consumer technologies. With greater parity between personal and professional learning, people can learn at work as they do in their everyday lives in a more engaged and productive manner. As a result, employees can benefit from broadened skillsets, additional growth opportunities, and greater control of their career paths while organizations become more change-ready and able to retain their best people and close talent gaps, ultimately boosting their bottom line.
Customers using Workday Learning, including early adopters CareerBuilder, Commerce Bank, Hootsuite, McKee Foods, TalkTalk Group, and Unum Group, benefit from:
Comments on the News
"With Workday Learning, we are delivering an application unlike any other -- one that goes beyond compliance and accreditation to provide a high-quality, consumer experience that encourages social sharing and collaboration," said Leighanne Levensaler, senior vice president, products, Workday. "At the same time, our rich context allows organizations to create data-driven learning experiences that can predictively steer employees toward content that helps them grow. For the learner this means continuous development and enrichment, and for the business, the evolution of workplace learning from a cost center to a growth engine."
"Adding learning to our existing investment in Workday's financial and HR suite provides us with a robust, unified system that will help us further connect employee development with strategic goals that drive the business forward, enhance our suite of total rewards, and reinforce our culture of accountability, agility, integrity, and growth," said Wendy Walker, director, HR Portals, eLearning & Innovation, Unum Group. "We are committed to the personal and professional development of our employees so that they thrive and can deliver for our customers when they need us most. By encouraging career growth and creating new opportunities for our people, Workday Learning will help us sustain the competitive edge that enables Unum to be the leading provider of employee benefits products and services."
"To support our colleagues in today's changing environment, we needed to re-ignite learning as an essential and daily quality of the employee experience," said Louisa Fryer, group development manager, TalkTalk. "Workday allows us to do this in a way that's mobile, modern, engaging, and impactful."
"We needed a learning system that could meet the social and digital expectations of today's workforce, while still fulfilling our basic organizational needs for compliance," said Mark Newsome, director of corporate human resources, McKee Foods. "Workday Learning has very effectively married the consumer world with the necessary and contemporary aspects of learning, and utilizes our rich data in Workday HCM to create an entirely new experience that will help our people advance and adapt to new roles and projects. With Workday Learning, I am confident our employees will be able to better develop their careers and grow with the company, and as a result, McKee Foods will be better equipped to drive our business forward."
"In today's dynamic business environment, organizational success is heavily influenced by employee engagement," said Josh Bersin, principal, Bersin by Deloitte, Deloitte Consulting LLP. "To drive that engagement, we're seeing a big shift in the market as solution providers try to make learning more compelling through discovery and personalization, with a wider variety of content in formats popular in our consumer lives, such as video and mobile. By bringing on-demand video learning, user-generated content, campaigns, and intelligent recommendations to the enterprise, Workday is well positioned to help make workplace learning a far more personal, engaging, and exciting experience for employees."
About Workday
Workday is a leading provider of enterprise cloud applications for finance and human resources. Founded in 2005, Workday delivers financial management, human capital management, and analytics applications designed for the world's largest companies, educational institutions, and government agencies. More than 1,000 organizations, ranging from medium-sized businesses to Fortune 50 enterprises, have selected Workday.
Forward-Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding the expected performance and benefits of Workday's offerings. The words "believe," "may," "will," "plan," "expect," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission (SEC), including our Form 10-Q for the quarter ended July 31, 2016 and our future reports that we may file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday, Inc. services should make their purchase decisions based upon services, features, and functions that are currently available.
© 2016. Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc.
Media ContactSamantha Sok
+1 (415) email@example.com
Media ContactSamantha Sok
+1 (415) email@example.com
See all RSS Newsfeeds
With built-in, actionable reporting and insights, Workday Learning enables administrators and business leaders to measure the ROI and effectiveness of learning activities.
View Image: S M L
Because it's unified with Workday HCM, Workday Learning knows the learner and can recommend content based on their preferences and topics of interest.
Workday Learning offers a personalized, consumer-like approach to workplace learning with recommendations and leading-edge video.
Workday Learning was purposely built to provide a high-quality video experience - and includes unlimited storage and streaming.


text:
Watch how to make this recipe.
Preheat the oven to 350 degrees F. Grease and flour a tube pan.
Cream the butter and shortening together in a standing mixer fitted with a paddle attachment, starting at the slowest setting and increasing to a medium speed after 3 or 4 minutes. Cream on this setting until done.
Add the sugar a little at a time. Add the eggs, 1 egg at a time, mixing after each addition, until well incorporated.
In a mixing bowl combine the flour, baking powder and salt, and mix with a wire whisk until thoroughly combined.
Reduce the stand mixer setting to the lowest speed. Start adding a little of the dry ingredient mix followed by some milk. Alternate the dry ingredients and the milk ending with dry ingredients. Then add the vanilla extract.
Pour the batter into the prepared tube pan and bake until a toothpick inserted into the center of the pound cake comes out clean, 1 hour to 1 hour 30 minutes.
Remove the pound cake from the oven and let it cool down for 3 to 5 minutes.
Gently flip tube pan over to remove the cake, and cool the pound cake on a wire rack. If the pound cake cools too long while still in the tube pan, it might break or not come out.
Cool the cake for 30 minutes before dusting with confectioners' sugar. Serve the same day or lightly toasted the following day.
This recipe was provided by a chef, restaurant or culinary professional. It has not been tested for home use.
Check Out Our
Get a sneak-peek of the new Food Network recipe page and give us your feedback.See it Now!


text:
A camera that was attached to Michael Schumacher's ski helmet is being examined and investigators are questioning his son yesterday as fans held a hospital vigil for his 45th birthday.
His family handed the "Go-Pro" camera to police, who questioned his son, Mick, 14, and a friend of the teenager. Both boys were with Schumacher when he fell on Sunday, sustaining severe head injuries, a source close to the investigation into his accident said.
Schumacher's family posted a statement on their website thanking fans for gathering outside the French hospital where he lay in a coma, saying the show of support had moved them to tears.
Busloads of supporters came from Italy and France, some holding Ferrari flags, others bearing gifts and cards which they handed to his manager. One group sang Happy Birthday while a woman cried and another group quietly unfurled a Ferrari banner.
"Schumi gave us so much," said Stefano Pini, 47, an Italian accountant who got up at three in the morning to catch a bus from Milan. "The least we could do is to come here and support him and his family," said Mr Pini, who like many in the crowd wore a red Ferrari cap.
Investigators are hoping that the camera will provide details about the exact circumstances of the accident that has left the racing legend in a medically induced coma after suffering severe head injuries. Two operations on his brain have reduced swelling and stabilised his condition but he is not out of danger.
His wife, Corinna, has been at his bedside for much of the past few days and nights, along with his son, his daughter Gina-Maria, brother Ralf and father Rold.
Sabine Kehm, his manager, has denied reports that he was skiing at high speed.
Ms Kehm said he had only ventured into an unmarked area between two pistes after stopping to help a friend's daughter who had fallen. He was catapulted into the air when he hit a rock concealed by recently fallen snow and was catapulted into the air. His head struck another rock and his helmet broke in two, she said.
The accident happened only about 300 yards from the chalet Schumacher owns at the Meribel resort in the French Alps.


text:
Monday, May 26, 2014
Laurent works as Senior Director for IdentityMine, one of the leading companies (and Gold Partner) for Microsoft technologies such as Windows Presentation Foundation, Silverlight, Pixelsense, Windows 8, Windows Phone, XBOX and generally User Experience. He is based in Zurich Switzerland, where he lives with his wife Chi Meei and his two daughters Alise and Laeticia.
In October 2010, the book 'Silverlight 4 Unleashed' that he wrote was published at Sams, an advanced sequel to 'Silverlight 2 Unleashed' (published Oct 2008). He writes for MSDN magazine and other publications, codes in Windows Phone, Windows 8, WPF, Silverlight, ASP.NET and his blog is on http://blog.galasoft.ch. 2014 is his 8th year as a Microsoft Most Valuable Professional (Client Dev) and his second year as a Microsoft Regional Director. He is also the author of the well-known open source framework MVVM Light for Windows Phone, Windows 8, WPF, Silverlight.
|Vue.js by Example (Early Access Now Available)
|Bootstrap 4 by Example (Just Released)
|Intro to Font Awesome 5 (Free Course)
|Building a Web App with ASP.NET Core, MVC6, EF Core, Bootstrap and Angular (updated for 2.0)
|Using Visual Studio Code for ASP.NET Core Projects (new)
|Implementing and Securing an API with ASP.NET Core
|Building a Web App with ASP.NET Core, MVC6, EF Core and AngularJS
|Building a Web App with ASP.NET5, MVC6, EF7, and AngularJS (Retired)
|Best Practices in ASP.NET: Entities, Validation, and View Models
|Webstorm Fundamentals
|Front-End Web Development Quick Start
|Lessons from Real World .NET Code Reviews
|Node.js for .NET Developers
|Application Name
|Environment Name
|Application Ver
|Runtime Framework
|App Path
|Runtime Version
|.NET Core 4.6.26628.05
|Operating System
|Microsoft Windows 10.0.14393
|Runtime Arch


text:
The hidden vertical dock on the left of your screen is brilliantly done with text instead of icons. Also included is revolutionary Icon Hinting, picture pop-ups descriptive of each application which appear next to highlighted text in both the App List and the Smart Banner. A simple press of the Back Button allows the user to hide the App List from the Home Screen and/or disable Icon Hinting (by deselecting the check box). As with all themes by AG Designs, applications in the Smart Banner (Clock, Manage Connections, Messages and Calendar) are selectable. With beautiful OS7 icons and refreshing background images, Insight is as graphically rich as it is user-friendly.
Insight is on sale right now for $2.99 (reg. $4.99) and compatible with BlackBerry 8330/50i, 85xx, 89xx, 93xx, 95xx, 9630/50, 97xx, and 9800. AG Designs & Graphics sent us 40 copies of this brilliant new theme to pass on to you guys, so leave a comment below if you want to enter to win one! Regular contest rules apply.
For more details/screenshots and to purchase Insight


text:
Paying Sources
Chatterbox, taking a brief timeout from Flytrap Madness, has stumbled onto the Next Big Question likely to be chewed over by the journalism ethics industrial complex (Howie Kurtz of the Washington Post, Brill's Content, the Pew Center, the Freedom Forum, etc.): Massingate.
Michael Massing, a justly admired magazine journalist, has a book called The Fix due out in October. It's about U.S. drug policy, and includes much impressive on-the-ground reporting about the workings of New York City's drug markets. In a "Note on Sources" at the end of the book, Massing says that some of this information was acquired by paying sources. It is rare--perhaps even unprecedented--for a member of the "respectable" press to trade information for cash. (Massing's work, has appeared in the New YorkReview of Books, the Atlantic, the Columbia Journalism Review, and the New York Times Magazine, which excerpted The Fix last Sunday; he also received a MacArthur "genius" grant some years back.) Even rarer, though is Massing's forthright argument that it would have been unethical for him not to pay his sources. "Journalism is an inherently exploitative enterprise," he writes, "with reporters sucking information out of people without providing much in return. Such a relationship becomes particularly uncomfortable when one's sources have few assets aside from the facts of their lives. As long as I felt my subjects were not embellishing their stories in order to enhance their value, I did not mind helping out in small ways." Sometimes this meant buying them cheeseburgers or cigarettes. One Spanish Harlem drug lieutenant charged Massing $200 for four interviews that Massing judged "a worthwhile investment; most of what he told me checked out with the 23rd precinct."
Chatterbox suspects this will all cause an ethical shitstorm, but applauds Massing for rightly characterizing the cash-for-trash issue as a practical issue, not an ethical one. It hasn't really been demonstrated that "cash for trash" journalism is less reliable than no-cash journalism. And whether the source is paid or not, journalists have an obligation to check out their sources' stories. In truth, the real reason respectable news organizations shun "checkbook journalism" is that it's uneconomical for all but the most cheesy, circulation-and-ratings-boosting stories. Were sources routinely to expect payment, news organizations would face the choice of either going tabloid or going bust.
The New York Times excerpt of The Fix, incidentally, didn't contain any of Massing's "bought" material. It was merely a summary of the book's substantive arguments, which Chatterbox found highly persuasive. (Chatterbox's favorable review of The Fix can be found in the forthcoming issue of the Washington Monthly.)
--Timothy Noah


text:
Nature Tours December 2017- January 2018
Diving Deep into the Crater – Friday, December 1
Hiking along a colorful path, we will reach Ein Saharonim, a beautiful spring in the heart of the desert where we will splash in the cool water, study the tracks of desert animals, look for fossils, get to know the desert vegetation, and explore an ancient Nabatean fort. Later in the day, we will make our way to the famed "Rock, Wind, Water" site to create sand art in bottles.
Guided by the HarHanegev Field School
High above the Dead Sea (For fit walkers) – Saturday, December 2
Though the climb up Ma'ale Mezin in the northern Judean Desert is intense, the breathtaking panoramic view of the stunning blue lake and lush green beach make it all worthwhile. We will hike the cliffs and descend via the Rosh Tzukim lookout to the green landscape of the Einot Tzukim Nature Reserve.
Guided by Omer Shapira
Winter Stars: Geminids in the Arava Skies – Friday-Saturday, December 13-14
Every December, the earth passes through the cosmic dust trail left by the 3200 Phaethon asteroid. The dust particles form a shower of "shooting stars" that are a wonder to behold. We will enjoy an astronomical evening of solar and laser-guided sky-dome observations, lectures, observations of celestial bodies using state-of-the-art telescopes, and a bonfire. The next day, two tours will be offered: a challenging desert hike in the Tzafit Stream and an easier route in Givat Hatzeva.
Guided by the Hatzeva and Har HaNegev Field Schools
Cooking in Nature: Workshop at Alona Springs – Saturday, December 16
After enjoying the spectacular views, gurgling springs, and the remains of an ancient village at the Ein Nili Spring, we will hike the trails to gather edible wild plants. Throughout the hike, we will hear fascinating stories about our ancestors' culinary habits, and then use the wild plants gathered to cook a nutritious lunch based on the same ancient menu. The tour begins in the vineyards near Givat Nili.
Guided by Yatir Sade
Christmas Spirit Hits Jaffa – Saturday, December 23
While you may already be familiar with the galleries and hidden alleyways of Old Jaffa, you have never experience the special Christmas atmosphere at the local churches and monasteries. On the outskirts of the Ajami neighborhood, we will speak with monks and take part in their special seasonal ceremonies. We will also learn about the Anglican, Greek-Orthodox, Armenian, and Christian residents of Old Jaffa, and visit several area landmarks, including the Churches of St. Michael and St. George.
Guided by Oded Amitai
The Desert Awakens: Babblers and other Birds – Friday-Saturday, December 29-30
This special birding weekend will focus on learning about the magical ecosystem of the Arava desert. We will travel along the Path of Peace and visit the reservoirs to watch the water birds take flight against the backdrop of the desert sunset. After dinner, we will watch the movie "Why Help? The Story of the Babblers," which presents a strong case for volunteering in the Arava. In the morning, we will go on a sunrise tour of the Sheizaf reserve to observe the curious babblers and other local and migrating birds.
Guided by the Hatzeva Field School
The Israel National Trail (For fit walkers) – Saturday, January 6
On this hike, we will tackle one of the most beautiful trails in the Land of Craters. Known as "The Big Fin," the trail begins with a fairly steep uphill slope dotted with inclined rock layers, a wonderful panorama of the Oron region, the Hatira spring and the Great Crater. After walking on the ridge line above the crater, we will descend into a hidden canyon. The tour will conclude with a short walk along the Mamshit stream, where the Israel National Trail used to pass.
Guided by Tsachi Globin
In Time for Olive Harvest
On this trip to the Netofa ridge, we will visit the ancient Yodfat Hill and learn about the Great Revolt in the Galilee. We will then take a tour of the olive groves near the Hararit settlement and continue on to the village of Arabeh, where we will receive a tutorial in cold pressing at a modern olive oil production plant.
Guided by Naomi Goshen – Galilee Field School
Please Note the tours are guided in Hebrew
For further information and to register for any of the above tours,
please call +972-3-6388688, or e-mail firstname.lastname@example.com


text:
SANTA CLARA, Calif. - After building a strong foundation in 2011, Santa Clara women's crew opened fall practice Tuesday, a day after classes began on the Mission campus. The Broncos return 18 rowers from their 2012 roster and welcome four freshmen.
Last season Santa Clara had 10 freshmen on the roster and only two juniors. In a stark contrast, the Broncos will now have 11 juniors and should benefit from a more experienced roster.
"I'm looking forward to seeing what we can do know that we have an almost entirely full squad returning," said Santa Clara head coach John Wojtkiewicz. "Not only can we start training now as a team as opposed to waiting for the walk-ons to develop, we've been training individually since mid-June. The athletes have been submitting their training logs over the course of the summer and its been inspiring to see how much work they've been getting in. With only three seniors we are still skewing young, but at least now we have a returning squad and an environment that we can develop our speed in. It's a very exciting time."
In 2012, with most of the roster rowing for the first time, Santa Clara participated in eight events, including hosting its first race at Lexington Reservoir. At the Lexington Reservoir race vs. Mills and Sonoma State, Santa Clara won the Varsity 8 and Second Eight with times of 7:54 and 8:36, respectively.
This season the Broncos will compete in seven events including hosting Mills and Sonoma State at Lexington Reservoir for the second consecutive year. The home regatta will be on April 20 2013.
The season will kick-off on Oct. 27 in Sacramento, Calif. at the Head of the American. Two weeks later the Broncos will travel to Foster City and take part in the Head of the Lagoon.
On April 6-7, 2013 the Broncos will travel to the San Diego Crew Classic and two weeks later will compete in the Western Intercollegiate Rowing Association Championships. The season will wrap-up at the Intercollegiate Rowing Association Championships in Sacramento on June 1-2.
Santa Clara will host "Black Velvet" on Feb. 23, 2013 and "White Leather" on May 25 on the Mission campus.


text:
Stocking stuffer idea...
Younique Eye Shadows! $10 each or 4 for $35. Order yours today! 30 colors to pick from.
Moodstruck Minerals Pigment Powder
100% natural, chemical-free, mineral-based pigment powders, free of talc, oils, preservatives, perfumes, synthetic dyes, and parabens
I love this makeup! These Younique Mineral Eye shadows go on smooth and a little goes a long way. You can use them wet or dry.
If you have any questions please email me HERE


text:
Apple iPhone 101 begin with iPhone 3G on June, 11 2008. The world of the mobile phone changed forever. It happened when Apple, the Cupertino-based technology company, introduced its first smartphone, named iPhone 3G. The smart mobile handset becomes so huge success that, it is now the world most popular smartphone brand today.
With every generation of iPhone, there is some new features and enhancement with iOS upgrade. The iPhone 6 and iPhone 6 Plus had broken the all expected sales records. Yet, Apple is fully aware of the fact that they are in a very competitive market. Android smartphones are giving a neck to neck competition to iPhone. If Apple wants to stay on top of the mobile market, it need keep improving iPhone features substantially with every generation.
Apple iPhone rumors are never insufficient. Same is the case when it comes to the questions like how iPhone 10 will look like? What is expected in iPhone 10th generation and when is iPhone 10 coming out? The iPhone 10 release date is way far away as yet and the rumors about the same started to surface even on well-known tech blogs.
Most of the iPhone 10 rumors and iPhone 10 pictures circulating over the internet are educated guessworks based on technology innovation insights and anticipated breakthroughs in smartphone industry in upcoming years. It ranges from the new iPhone 10 size to its ultra-advanced hardware specification. The need for home screen button in the future has always been a much-debated topic. One thing we probably are going to see for sure is the enormous advancement in the iPhone 10 battery life.
iPhone 10 Release date, Specification, Price, and Features to Expect!
Let's summarize and analyze what can be expected from Apple with the upcoming iPhone 10 release featuring iOS 16th generation mobile software:
iPhone 10 Release date
Apple iPhone 7 is coming out in September 2016 along with iPhone 7 Plus. Let's look at iPhones history to know the upcoming iPhone 10 release date:
- iPhone 3G released on July 11, 2008
- iPhone 3GS released on June 19, 2009
- iPhone 4 released on June 24, 2010
- iPhone 4S released on October 4, 2011
- iPhone 5 released on September 12, 2012
- iPhone 5S released on September 29, 2013
- iPhone 6 released on September 19, 2014
- iPhone 6S released on September 19, 2015
- iPhone 7 released date is expected to be September, 2016
- iPhone 7S released date is expected to be September, 2017
- iPhone 8 released date is expected to be September, 2018
- iPhone 8S released date is expected to be September, 2019
- iPhone 9 released date is expected to be September, 2020
- iPhone 9S released date is expected to be September, 2021
- iPhone 10 released date is expected to be September, 2022
Looking at the iPhone history of release, you can work out by yourself, that the iPhone 10 is coming out in 2022probably alongwith iPhone 10 Plus.
iPhone Price as 100 dollars smartphone
While some people might like to buy iPhone 1000 dollars (USD) titanium cases, mostly won't. The prices of automobile decreased greatly with the advancement of industrial automation. Thanks to robotics and artificial intelligence, the product costs are expected to reduce further due to automation in manufacturing, testing, packing and shipping. How about getting an iPhone 10 in $100 USD? Experts believe that in 2012, the iPhone 100 dollars dream is achievable.
Apple iPhone 10 Specifications
Some industry expects believe it is comping with the biggest design change. We are talking about a future iPhone 6 year ahead. In this period, any patents that are filed for reference design changes and technology improvements will have enough time to be registered and approved. Let's check out what new iPhone 10 specifications and features we can expect to see with this model:
|iPhone 10 Specs
|5.1″ 12K display
|Optical image stabilization plus, geo tagging, facial recognition, 4D
|Camera Front
|60 Megapixels
|Camera Rear
|125 Megapixels
|2x Octa-core A15 processor
|512 GB, 1 TB , and 2B internal memory
|iBattery Just Charge One in Month
|ION Premium Glass, 5G , Bluetooth 9.0, retina/iris scanner, wireless charging, quick charge, mini projector, 3D holographic keyborad, calling and games
|iOS 16
|Grey, Gold, Silver, White, Changeable Color
Apple iPhone 10 features to expect in future
From iPhone 3G launch 2008 to iPhone 7 release in 2016, our phones has been continuously getting smarter, bigger, better, faster, slimmer and more useful. The computers have eliminated the needs for clock, calculator, fax machine, pen, calendar, newpaper, books, maps, notebook, dairies and jounals, writingpads and sticky notes from the desk. Here is 5 seconds animation on how evolution of computer and smartphone has virtually replaced everything on our desktop:
Smartphone are modern day computers. Today, smartphone (and tablets) has almost has replaced the conventional computing devices. Let's look at what iPhone 10 feature we can expect in future:
Longer Battery Life
The battery of the iPhone has always been a sore topic. It never lasts long enough between charges and Apple are aware that it is something that definitely needs to be improved. Hopefully with the additional work they are performing on the Apple watch battery, they may find a technology that can also be passed onto the next iPhone. Or if a new charging mechanism can not be introduced, such as solar power, maybe it is possible to introduce a quicker way to charge the battery i.e. The current iPhone charger specs are 5 volts, 1 amp, which emit 5 watts of power, so maybe it is possible to increase the watts of power that is omitted from the charger, which would then, in turn, increase the speed that the iPhone battery takes to charge? It is rumoured that the iPhone 7 may even be launched with a battery that lasts a week between charges! if this is the technology that is being brought in in the next year, we should expect Apple to have at least that equivalent.
Wireless Charging
Cordless charging systems are available for iPhones. But we believe they should be standard. And imagine if all smartphones could be charged the same way. Whenever you are at an airport, on a train, in a library or even sat in Macdonalds for example, there could be charging booth that you simply place your handset into, without the need of a lead or cable. Leave for 30 minutes and job is done, your smartphone is recharged.
3D holographic display screen
The 3D technology is not new and has been around for a while on such handsets as the LG Optimus 3D MAX. Nintendo brought out the 3D version of their handheld game console and after initial complaints with reference to headaches etc. It soon became established as a big selling device. Therefore, it is expected that Apple will introduce the same technology. It would be good to have the option without having to install an app. We will wait and see.
iPhone Projector, and long dream featureThe projector feature has been talked about ever since the iPhone 4 came out. There has been a patent filed by Apple for a projector system, but to have this technology built into an iPhone would mean that the slim sleek design of the handset would be lost.
Videos of the future iPhone's such as the iPhone 7 and iPhone 8 with built-in projectors have been doing the rounds for a couple of years and it is definitely a gimmick that would be a big seller or would it? The Samsung Galaxy Beam 2 which has the built in projector hasn't really broken any sales records. Maybe this and the fact that the design of the iPhone would be compromised are the reasons why it hasn't been introduced. Still, we believe that it would be a great addition to the iPhone as long it isn't too detrimental to the design.
Transparent iPhone
This is something we have talked about on our other blogs a few times and we believe that even though it may give no improvements in performance, it would look very very cool…We know that the technology is out there and we know that Apple has filed some patents that hint towards the fact that they are looking at the possibilities of a transparent mobile device. Above all other things on the wishlist, we believe that this would be the biggest selling gimmick that Apple could introduce with the iPhone 10.
Better Speakers
The iPhone 6 does have good speakers but unfortunately they still are nowhere near the clarity of the htc one M9 speakers when turned up fully. So if HTC can do it, surely Apple have the technology to improve. Louder clearer speakers are certainly useful when making conference calls etc and the option of having more sound without having to carry a docking station and speakers around with you certainly appeals to us. Apple have the speakers at the base of the iPhone whereas many others have the speakers at the top, so maybe Apple may look at a change of design on the future models to try and improve the sound.
Improved Siri
Siri is good, but not that good. It is one gimmick on the iPhone that needs improvement if it is to keep up with Google Now's voice activation assistant. Siri integration with Internet of Things (IoT) and an offline mode would be good and a face to the voice would be a good little extra as of yet that is still not in the pipeline, but imagine your iPhone with it's own unique personal assistant tailored to your own specifications, each phone having your own personally designed friend and companion, an avatar which looks how you want it? It would be a definite winner with the younger generation.
Waterproof iPhone
It has been done by Sony and other manufacturers, so it must surely be somewhere in Apple's plans. The fact that you can now use smartphones to take pictures underwater is a great concept. Admittedly you will not be taking them on a scuba diving outing, but being able to have them drop in the bath or toilet without them being completely written off is very useful. To do is though it does need an enclosed design and currently, all waterproof handsets are very plastic, to say the least.
Would Apple review its design and make it plastic? We don't think so, but there are options it could look at that would ensure that the iPhone maintained its crown as the best-designed handset and gave you the waterproofing. Firms such as liquipel supply coatings for electronic devices that are invisible to the human eye but still give you the assurance that your iPhone would be OK if dropped in water. Maybe this kind of coating could be put on the handsets during manufacture? Never say never.
Memory card or portable memory option
The Apple cloud is good, but it is not always what you want. Sometimes it is good to have a memory card that you can simply transfer from one handset to another. If you want to transfer a large number of files to someone else's handset for example or even if you suddenly find that you don't have enough memory on your current handset and don't want to give yourself a monthly bill with Apple for a larger cloud backup. It has already been discovered that the iPhone 6 's' is to have a base model that comes with a 16G memory, with the introduction of Apple music, will this be big enough? The option of having a micro SD slot would be nice.
iPhone 10 Iris/Retina Scanner
Who doesn't want a secure smartphone? Fingerprint recognition is now utilised by many smartphones but it is known that when your fingers are damp it can be a problem unlocking your device. Iris recognition is the next step. Apple has looked at Iris recognition and a location context module that would ensure that the iPhone knows your location and then adjusts the security level required to unlock your handset eg Outside would require iris recognition, in your car fingerprint and at home a simple number code.


text:
iPad 4 (Late 2012) Reviewby Anand Lal Shimpi on December 6, 2012 4:40 PM EST
For years, almost a decade in fact, we've been asking for higher quality displays in notebooks. With most of our pleas left ignored for the value notebook segment, smartphone and eventually tablet makers capitalized on the opportunity. These days the $399 - $499 tablet display experience tends to be superior to the $399+ notebook experience. Things are beginning to change, but not quite fast enough. At the forefront of driving tablet display performance is Apple with its Retina Display equipped iPad. While the company has never really competed in the low-cost notebook or netbook market directly, the iPad has been Apple's solution for consumers who want a computer at a $500 - $700 price point. By focusing on areas that have been neglected by PC makers in the past (e.g. display, wireless connectivity, ease of use), Apple has managed to be quite successful in this space with the iPad.
As a big part of its overall strategy, Apple has done a good job of issuing regular updates to the iPad family since its initial unveil in 2010. Now, just seven months after the release of the 3rd generation iPad, Apple followed up with a 4th generation model. It's the relentless execution cycle in addition to focusing on the integration of high quality tangibles like the display that has made the iPad a formidable competitor in the $500 - $700 consumer computing space. The iPad remains mostly a content consumption device (with a dash of productivity), although Apple has been trying to fight that stigma as of late. Your personal balance between consumption and production of content will determine whether or not the iPad can serve as a primary computing device or if it will simply augment what you already have.
As the 4th gen iPad maintains the same price point as its predecessor, Apple simply delivered a better iPad alongside the new iPad mini earlier in the quarter. Unlike the mini where the bulk of the innovation remained in the form factor, the 4th generation iPad keeps its improvements mostly under the hood. The form factor and chassis haven't changed at all since the previous generation. Apple's 4:3 aspect ratio remains ideal for portrait mode reading, although it does fall short of newer 16:9 designs when it comes to watching movies (the latter tends to be a bit awkward for portrait use in response, tradeoffs are fun).
The size and weight of the chassis remain unchanged, which does mean that the iPad continues to be very portable at under 1.5 lbs (652g) but it's too heavy for comfortable one handed operation for extended periods of time.
|iPad Specification Comparison
|Apple iPad mini
|Apple iPad 4
|Apple iPad 3
|Apple iPad 2
|Apple iPad
|200 x 134.7 x 7.2mm
|241.2 x 185.7 x 9.4mm
|241.2 x 185.7 x 9.4mm
|241.2 x 185.7 x 8.8mm
|243.0 x 190.0 x 13.4mm
|7.85-inch 1024 x 768 IPS
|9.7-inch 2048 x 1536 IPS
|9.7-inch 2048 x 1536 IPS
|9.7-inch 1024 x 768 IPS
|9.7-inch 1024 x 768 IPS
|308g (WiFi)
|652g (WiFi)
|652g (WiFi)
|601g (WiFi)
|680g (WiFi)
|1GHz Apple A5 (2 x Cortex A9, PowerVR SGX543MP2)
Apple A6X (2 x Swift, PowerVR SGX 554MP4)
Apple A5X (2 x Cortex A9, PowerVR SGX 543MP4)
|1GHz Apple A5 (2 x Cortex A9, PowerVR SGX543MP2)
|1GHz Apple A4 (1 x Cortex A8, PowerVR SGX 535)
|WiFi , Optional 4G LTE
|WiFi , Optional 4G LTE
|WiFi , Optional 4G LTE
|WiFi , Optional 3G
|WiFi , Optional 3G
|Starting Price
Storage and wireless connectivity options also remain unchanged, with WiFi and LTE versions both available. The new iPad is really just a silicon upgrade over the previous generation model.
A Matter of Cost and Timing
When the 3rd generation iPad launched earlier this year, I was surprised to find what Apple had done when it came to its mobile SoC. For the first time since the iPad's introduction, the 3rd generation model included a significantly larger SoC compared to what was used in the latest iPhone at the time (the 4S). In order to drive its 2048 x 1536 Retina Display at reasonable frame rates, Apple needed much more memory bandwidth than the standard A5 SoC could provide. The solution was, at the time, the world's highest bandwidth memory controller for a mobile ARM based SoC. With four 32-bit LPDDR2 channels paired up with LPDDR2-800 DRAM, the iPad 3's A5X SoC was capable of a theoretical 12.8GB/s of memory bandwidth. That's not much by high-end PC standards, but unheard of in an ARM based mobile device.
Die size is partially constrained by the amount of IO around the perimeter of the die. In the case of the A5X, the wider memory interface was paired up with a doubling in the compute resources on the GPU side. Apple didn't increase CPU hardware at all, but the A5X CPU cores did enjoy a 25% higher clock frequency than in the iPhone 4S' A5 counterpart.
iPad 4 Motherboard via iFixit
The other big surprise with the 3rd gen iPad was that Apple built its biggest SoC on Samsung's 45nm LP process. Picking a process node for a new chip isn't a trivial matter. You have to balance wafer costs, yields, die size, power/performance and volume requirements that all need to be balanced. In the case of the A5X, wafer cost and volume requirements won out over die size and power/performance concerns. The result was a power hungry SoC paired with a power hungry display, both of which necessitated an increase in battery capacity.
Simply addressing moving the SoC to 32nm wouldn't be enough to slim up the iPad. The Retina Display and associated backlight will both ensure a larger battery and thus thicker chassis for some time to come. There may be some room for improving the form factor, but in the near term I wouldn't expect a return to the iPad 2 thickness/weight levels.
|Apple SoC Comparison
|Manufacturing Process
|Samsung 45nm LP
|Samsung 32nm LP HK+MG
|Samsung 45nm LP
|Samsung 32nm LP HK+MG
|Samsung 32nm LP HK+MG
|Die Size
The quick transition to a 4th generation iPad makes sense from a supply chain standpoint. While the 45nm A5X SoC could deliver the pricing and volume targets that Apple had at the time, the company has since shifted over to using Samsung's 32nm LP process exclusively in its iOS devices. I suspect cost, yields and available production finally tilted in favor of 32nm in the giant cost spreadsheet. The A6X is now roughly the same size as the original A5. Although wafer costs are likely higher, this is probably a more comfortable target than the A5X's 165mm2 die. Given the new iPad's static starting price point and increase in cost of many parts involved (Retina Display stack, larger SoC), any ability to reduce cost is likely a good thing.
The iPad 4 also adopts Apple's new Lightning connector. In the iPhone 5 and iPad mini, the move to the Lightning connector was done in pursuit of a thinner form factor. With the iPad 4 this obviously isn't true, but that isn't to say there aren't other benefits. I suspect moving all new production away from 30-pin dock cables and over to Lightning cables is also good for the bottom line (and for bringing Apple's cost of Lightning cables down).
The quick release of the iPad 4 wasn't all about bringing costs down however. Apple also used it as an opportunity to continue to drive performance. Similar to the A5/A5X divide, the 4th generation iPad features an A6X SoC - a larger, upgraded version of the A6 SoC used in the iPhone 5.
113 Comments
View All Comments
Henk Poley - Wednesday, December 12, 2012 - linkI've been thinking about getting a black and a white tablet. One for serious stuff, and one for play. Reply
Pessimism - Friday, December 07, 2012 - linkI would like to see a direct comparison review between the ipad, nexus 10, and some of the generic chinese competition with similar specs such as the zenithink c94 Reply
BSMonitor - Friday, December 07, 2012 - linkIs there an App that will let me confirm which version I have of the iPad 2?? Just recently purchased during the Black Friday fury on these, so assuming the 32nm one. Thanks Reply
Zink - Friday, December 07, 2012 - linkhttp://www.anandtech.com/show/5789/the-ipad-24-rev...
Scroll down, there are free ways to do it. Reply
Dman23 - Friday, December 07, 2012 - linkAnother great, comprehensive article from AnandTech! Well down Anand!!! :D Reply
Midwayman - Friday, December 07, 2012 - linkI wish there was a PDF rendering benchmark. From what I've been able to grasp its a very CPU dependent task, but it doesn't seem to correlate well to the java benchmarks that are typically used in cpu performance tests for tablets. For example many people say the ipad line does pretty poorly here despite the good standings in the java tests. I know I'm not the only one looking at tablets as a way to view large PDF tech docs, books, etc. Reply
bogieworf - Friday, December 07, 2012 - linkMy biggest issue with the iPad is that it isn't trying to be more. The advances in the 4 would inspire few with the 3 to upgrade. Contrast this with the MS Surface. The device may be successful or it may not, but at the very least, MS has attempted to re-think aspects of the tablet. Then there the Lenovo yoga 11. Again, it may not succeed (actually I have my doubts on this one), but at least Lenovo is trying out new ideas in the tablet area. Just feels like a company like Apple with its past of groundbreaking designs should be trying to do more. Reply
darkcrayon - Friday, December 07, 2012 - linkThe advances and the timing of the 4 were clearly not meant to inspire "3" users to upgrade. It was just a refresh to keep it up to date with the latest SoC tech to stay near the top in performance. And notice MS put much lower end hardware in the Surface than the iPad. Tegra 3? Low resolution screen? Low resolution camera?
The 5th generation iPad will surely have an updated physical design - it should be a bit lighter and have an enclosure like the mini's. But there is little wrong with the iPad's hardware, if anything the more interesting pieces will be what they will do with the software. Reply
bogieworf - Saturday, December 08, 2012 - linkI'm looking at the big picture. The touch type cover is innovative. The integrated kick stand is a neat feature. The automatically updating Tiles in Windows 8 is a neat feature. I'm talking innovation, not just a better camera or better processor.
Maybe iPad 5 will feature new innovations, maybe not. Only time will tell. But there are other companies trying new things which I presently do not see with Apple. Reply
iCrunch - Friday, December 07, 2012 - linkThank you. Another great review. Love the attention to every last spec!
You mentioned that you couldn't find a whole lot of examples where the iPad 4's both CPU and GPU performance increases are actually noticeable, except, of course, for gaming. I have found one other area where the difference is quite evident: VNC/RDP. The iPad 4 feels several orders of magnitude faster than the iPad 3, as opposed to "just 2x". Especially when you want to remotely control your Mac at High settings, as I do! Where the iPad 3 lagged, the iPad 4 is buttery smooth. As a result, everything is more accurate when you're "VNC'ing", you make fewer mistakes, and this obviously results in a much faster and less frustrating (or more fun, whichever you prefer) experience. (I use iTeleport, btw)
As a self-proclaimed power user, everything from loading webpages (thanks to 2x2 MIMO WiFi) to downloading apps to everyday mundane tasks are noticeably faster to me. Reply


text:
Facebook Acquires QuickFire for Auto Playing Video
This obtaining without a doubt indicates how genuine the organization is about incorporating features to their informal community.
Facebook clarified in a blog entry, how it is seeing a significant movement towards visual substance, particularly features. It uncovers that Facebook clients have been posting features all the more every now and again throughout the most recent year. As video posts have expanded by over 75% in the world, it clarifies how users like to select videos as opposed to posting it in conventional 'words'.
As patterns are changing, Facebook's obtaining Quickfire will unquestionably enhance and accelerate the procedure and usefulness of features on their stage.
Re/Code called attention to that a piece of this procurement is because of Facebook's method to advance feature, and the presentation of autoplay feature. A change to the calculation implies that the more feature you watch, the more feature Facebook will demonstrate to you.
This clarifies how the organization themselves need to elevate features to their users furthermore, clarifies how Facebook is setting themselves up to convey clients a decent experience. This innovation turns out to be gainful as the administration can layer features to lower bit rates without trading off on its quality and expand it without expanding record size.
The report additionally expressed that the Quickfire engineering could likewise help Facebook surface brilliant feature to clients in developing markets where Wi-Fi and cell information access are difficult to find.
As Facebook's method incorporates elevating video administrations to its users, it could likewise take an offer of Google-claimed Youtube viewers which blossoms with features, totally. The organization could likewise adapt this administration at the appropriate time course of time to advance chose features. This example has additionally been trailed by Instagram.
Starting now, the deal has been positive for Facebook, and additionally for its users comprehensively.


text:
Pump don't Dump: Free sewage pump-outs, extended hours and enhanced service at civic marinas
June 23 2017
The City of Vancouver and Park Board are offering free pump outs, extended hours and enhanced service at civic marinas to help keep our beaches and waterways clean.
As the weather warms and boat traffic increases, E. coli counts from illegal dumping also rise in False Creek and other waters surrounding Vancouver. Boat sewage is a key source of fecal bacteria in False Creek.
All pleasure crafts in Vancouver waters can access free assisted pump-out services at Burrard and Heather civic marinas. The summer service hours are:
- 7:00am to 6:00pm daily at Heather Civic Marina
- 7:00am to 7:00 pm daily at Burrard Civic Marina
- Burrard Marina offers additional summer pump-out hours till 9pm, assisted by a fuel barge operator
- Burrard and Heather Civic Marinas offer free unassisted pump-outs 24/7 all year round
Ongoing work by the City and partners on water quality in False Creek has discovered that one of the main contributors to E. coli contamination is the discharge of untreated sewage waste from marinas and recreational vessels.
It is illegal to dump sewage from boats within False Creek, English Bay, or the Inner Harbour. Although offenders can face prosecution and fines of up to $10,000, initial enforcement will focus on education and warnings.
Over the coming months, the City and Park Board will:
- Work toward installation of a mobile pump-out service in False Creek for recreational boaters
- Test effective solutions for identifying offenders, including the use of divers.
- Continue to step up enforcement of boats dumping sewage waste. We will work with the VPD Marine Unit and City's environmental Protection Officers on measures escalating from education and warning to prosecutions.


text:
Knowle West Boy
Product Details
- Sep 16, 2008
- Electronic
- 801390019425
- 2.8 oz
- new (we only sell new items)
- Domino Recording Company
- Downtempo; Experiemental; Hip Hop
Tricky is back with a brand new album titled Knowle West Boy, named after the Bristol neighborhood where he grew up. The album finds Tricky seizing his roots and detailing the travels and travails of his youth, resulting in a record that acts as an eclectic aural history of his diverse upbringing. Produced by Tricky, and mixed by Switch (MIA, Santogold) Knowle West Boy was recorded in London and LA and is the summation of everything he has accomplished since his brilliant 1995 Maxinquaye debut.The album finds Tricky reaching into the post-punk, Two-Tone, reggae, hip hop and pop he grew up adoring and twisting it all into surreal songscapes. From the sardonic bar-room blues of "Puppy Toy," to the twisted Specials-worshipping, hard charging punk of lead single "Council Estate," to the bereft torchery of "Past Mistake;" to the Roxy Music's The Bogus Man-at-the-dancehall art-stomp of "Bacative;" Tricky uses his astonishingly eclectic band and a host of great undiscovered singers to create the most varied and accessible set of his career.


text:
- Automated People Movers
- Automated Monorails
- Light Rail Vehicles
- Metros
- Commuter and Regional Trains
- Intercity Trains
- High Speed Trains
- Locomotives
High Speed Trains
ZEFIRO: Very High Speed Redefined
Performance, Sustainability, Reliability – Bombardier's Formula for High Speed Success
Fast, safe, reliable and comfortable high speed and very high speed trains are now rivaling air travel as an efficient means of transportation for long distances. As a result, political decisions have been taken and infrastructure investments made to boost train travel over longer distances.
Bombardier has been a key player in the design and delivery of almost all major European very high speed trains as well as other significant international high speed projects, with an impressive portfolio of over 20 products worldwide.
Continuous Development
In the past the main challenge was very high speed but nowadays criteria such as energy efficiency, high capacity, customized comfort and ecological sensitivity are becoming increasingly important. That's why Bombardier's philosophy is to combine proven design elements for optimum reliability, safety, low energy consumption and ease of maintainability with the opportunity to customize the interior layout for specific needs of each operator.
Creating New Opportunities
To maximize the potential of high speed, long-distance rail travel, operators need innovative rail equipment that meets new requirements for interoperability, economy, reliability, energy efficiency and the ability to ride both dedicated and non-dedicated tracks.
Our in-depth experience in rail vehicle engineering is matched by extensive knowledge of all industrial, economical and operational parameters – a combination that ensures commercial success for high speed services. As an active partner and supplier, we provide operators with enhanced added value.
Bombardier's ZEFIRO high speed train family is the culmination of the company's long-standing reputation in this market segment. Developed for speeds between 250 and 380 km/h, ZEFIRO offers the highest levels of comfort and capacity, low operating costs and diverse application options for different countries and railway networks.
Key Facts
- Bombardier has accumulated 20 years experience in the high speed sector and has participated in the delivery of 850 trains and vehicles for high speed and very high speed applications.
- Bombardier has enabled some of the most prestigious very high speed developments in Europe, including four TGV series in France, the AVE S-102 and AVE S-130 in Spain, the ICE family in Germany and the ETR 500 in Italy.
- Bombardier was the first company in Europe to develop and apply an aluminium carbody concept for the high speed segment. Pioneered in the 90s, this technology has been optimized to meet the latest high standards for crash safety in accordance with TSI 2002.
- Working closely with its Aerospace Division, Bombardier applies its expertise in acoustic and aerodynamic behavior, with reliability management on its new high speed trains
- Since the 1980s, Bombardier has delivered approximately 3,500 bogies operating at speeds over 250 km/h in Central and Northern Europe, North America and China


text:
The Beat
[do action="authors"]Erin E. Dooley[/do]
[do action="affiliations"]Erin E. Dooley, MA, is a staff writer for EHP.[/do]
Interagency Report Urges a Focus on Breast Cancer Prevention
In February 2013 the Interagency Breast Cancer and Environmental Research Coordinating Committee released recommendations for investigating and mitigating environmental causes of breast cancer.1 The committee's report highlights the need for more emphasis on prevention—not just diagnosis and treatment—and suggests that a national breast cancer prevention strategy be developed that would increase and better coordinate the federal government's investments in this area. The American Cancer Society estimated nearly 227,000 new cases of breast cancer would be diagnosed and nearly 40,000 women would die of the disease in the United States in 2012.2
Warm Winters Could Influence Flu Seasons
An analysis of climate trends and U.S. influenza seasons dating back to 1997–1998 has found that unusually warm winters tended to be followed by flu seasons marked by their severity and early onset.3 The authors of the study suggest that fewer people getting the flu during warm winters may lead to an unusually large number of susceptible people in the next flu season. This could drive earlier and more severe epidemics—a situation exacerbated if outbreaks occur before most people have a chance to get their yearly vaccination.
Ranking Sources of Foodborne Illness
More than 9 million U.S. cases of foodborne illness are caused by pathogens each year.4 A CDC analysis of such illnesses for the period 1998–2008 estimates that more deaths (19%) were associated with poultry than with any other food type and that 46% of illnesses were linked with produce.5 Of the latter, 22% were linked to leafy greens. The analysis also identified norovirus as causing the most outbreaks and the most cases of illness. These findings provide a starting point to help the food industry and government agencies prioritize efforts to reduce foodborne illness.
California Revisits Flame Retardant Regs
In response to concerns about potential health effects of flame retardants, California officials have proposed updated regulations for these chemicals in upholstered furniture.6 Under the proposed regulations, foam cushions and other furniture components would need to withstand a smoldering cigarette rather than the open flame mandated by current law. (State officials say this is a more realistic scenario for home fires.) The proposed rules would therefore reduce the amount of flame retardants needed in furniture. To further curtail children's exposure, 17 baby and infant products would be exempt from having to meet the new flammability standards.
Ozone Exposure and Risk of Preeclampsia
Swedish researchers have estimated that 1 in every 20 cases of preeclampsia may be linked to exposure to ground-level ozone during the first trimester of pregnancy.7 The study of 121,000 singleton births found a slightly greater association in mothers who had asthma. Preeclampsia affects women later in pregnancy and involves elevated blood pressure and protein in the urine. It is more prevalent in developing countries and, with other hypertensive disorders, has been identified as a leading cause of perinatal deaths among children in these countries.8
1. NIEHS. Interagency Breast Cancer & Environmental Research Coordinating Committee [website]. Research Triangle Park, NC:National Institute of Environmental Health Sciences, National Institutes of Health (updated 12 Feb 2013). Available: http://www.niehs.nih.gov/about/boards/ibcercc/ [accessed 20 Feb 2013].
2. ACS. Cancer Facts & Figures 2012. Atlanta, GA:American Cancer Society, Inc. (2012). Available: http://goo.gl/81Y4N [accessed 20 Feb 2013].
3. Towers S, et al. Climate change and influenza: the likelihood of early and severe influenza seasons following warmer than average winters. PLoS Curr Influenza; http://dx.doi.org/10.1371/currents.flu.3679b56a3a5313dc7c043fb944c6f138 [online 28 Jan 2013].
4. Scallan E, et al. Foodborne illness acquired in the United States—major pathogens. Emerg Infect Dis 17(1):7–15 (2011); http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3375761/.
5. Painter JA, et al. Attribution of foodborne illnesses, hospitalizations, and deaths to food commodities by using outbreak data, United States, 1998–2008. Emerg Infect Dis 19(3):507–515 (2013); http://dx.doi.org/10.3201/eid1903.111866.
6. Bureau of Electronic and Appliance Repair. Title 4: Bureau of Electronic and Appliance Repair, Home Furnishings and Thermal Insulation. California Code of Regulations. Sacramento, CA:Home Furnishings and Thermal Insulation, Bureau of Electronic and Appliance Repair, State of California (2013). Available: http://www.bhfti.ca.gov/about/laws/notice.pdf [accessed 20 Feb 2013].
7. Olsson D, et al. Air pollution exposure in early pregnancy and adverse pregnancy outcomes: a register-based cohort study. BMJ Open 3(2):e001955 (2013); http://dx.doi.org/10.1136/bmjopen-2012-001955.
8. Ngoc NT, et al. Causes of stillbirths and early neonatal deaths: data from 7993 pregnancies in six developing countries. Bull World Health Organ 84(9):699–705 (2006); http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2627466/.
Attached Files
Clarivate Analytics released the 2018 Journal Citation Reports, which tracks citations for articles published in 2015 and 2016. EHP's new Journal Impact Factor is 8.31, with a 5-Year Journal Impact Factor of 9.81. (more…)
We are pleased to present new and improved author guidelines! (more…)


text:
SOURCE: BioMedReports
January 29, 2013 09:01 ET
LOS ANGELES, CA--(Marketwire - Jan 29, 2013) - Investors in Celsion Corporation are eagerly awaiting the announcement of Phase 3 results from the company's HEAT trial of Thermodox + Radio Frequency Ablation (RFA) in treating liver cancer.
Arguments for the trial's success and failure have been made in several articles published across the internet. Most buy side investors we have spoken to feel that the trial is likely to fail in meeting its primary efficacy endpoints. Nevertheless, it is interesting that the company has not taken advantage of the recent run-up in share price from under $2 in June to just over $9 last week, to raise capital despite having a $75 million Shelf Offering on file. Management is either really confident in the outcome of the HEAT trial, or they are simply being reckless by not raising capital when the financing window is open.
Fair Value Model
Ahead of binary events, one must always determine whether or not the current share price justifies the risk of holding through the event. For firms such as Celsion, where there really is only one viable drug candidate, a fairly simple model can be used to determine fair value.
To begin, we assume that, upon trial failure, the stock will be worth net cash on hand. Based on Celsion's Q3 10-Q, the company had approximately 50 cents per share of net cash ($22.7 million cash minus $5.09 million debt divided by 35.01 million shares). Note, Celsion recently received $5 million from their Chinese pharmaceutical partner; however, since the company utilizes approximately $5 million cash per quarter, this payment does not change the cash position calculations materially from those based on Q3 numbers.
Next we make an estimate of the fair value of the stock upon trial success. Without getting into detailed analysis, let us assume that fair value for Celsion if Thermodox + RFA works is $1B market cap. This value assumes that Celsion could see Thermodox all the way through approval, but for a ballpark estimate, it is reasonable to say that a successful liver cancer therapy should be worth at least $1B in market cap or $28.56 per share.
Using these two extreme values (50 cents and $28.56), one can calculate a probability weighted fair value for Celsion stock ahead of the binary event. The general formula for the model is:
Fair Value = Price_success x Prob._success + Price_failure x (1 - Prob._success)
For example at Red Acre we believe that, optimistically, the HEAT trial has a 20% chance of success. Therefore fair value would be calculated as the sum of the probability weighted extreme values i.e.:
Fair Value = 20% X $28.56 + 80% X $0.50 = $6.11.
Working From These Numbers
Our simple model for fair value helps determine whether the risk of being long the stock is justified by the probability weighted outcomes of the binary event. To work from our model, one can adjust either the extreme values (our estimate of $28.56 on positive news is likely overly optimistic in the short term), or the probabilities of success and failure.
One useful way to work with these numbers is to calculate the implied probability of success given a certain price level of the stock. For Example, Celsion closed at $8.18 on January 25th. Using our extreme values of $0.50 and $28.56, the $8.18 price implies a 27.4% probability of trial success.
Another useful analysis to perform is to look at what the price should be on a successful outcome if the current price reflects an equal probability of success or failure. At $8.18, if the market is considering the HEAT trial as having a 50/50 chance of success or failure, the implied price of Celsion upon a successful outcome is $15.86.
It is interesting to note that during the bear raid on January 16th, Celsion stock traded as low as $6.17 -- close to our own estimate of fair value at $6.11. In other words, those who managed to buy shares at the lows of the bear raid got a good deal because their shares were purchased at a fair valuation based on our assessment of the risks.
This simple model helps determine situations where a stock has reached unrealistic valuations ahead of a binary event. Different investors will have different numbers for both the price levels on success and failure and for the probabilities of the trial succeeding or failing. The model is flexible enough to accommodate a wide range of scenarios with a minimum of inputs. While more complex models based on discounted future cash flows etc. could be produced, at Red Acre we prefer simple models that let us identify stocks where the correct trade is abundantly clear.
In the case of Celsion, the current price of $8.11 does not favor a long position given our estimate of the probability of losing most of the principle invested in the trade; however, it is clear that an at-the-money call strategy would allow one to capture potential upside while minimizing capital invested. Celsion option premiums remain very high and we do not recommend this trade except for entertainment purposes. Treat it like a lotto ticket and enjoy the ride regardless of the outcome of the trial results.
Our mission at Red Acre Investments is to provide actionable analysis on binary events, special situations, and mispriced securities. To take advantage of our analysis and Get Ahead of the Curve, sign-up today.
Disclosure: Author Rajesh Patel, Ph.D. of Red Acre Investments is not a registered investment advisor and the views and opinions offered herein do not constitute investment advice. Investors should always conduct their own due diligence before trading. You should assume that Red Acre is trading the securities mentioned, generally in accordance with the views we express, although their positions may change as news evolves. They do not undertake any obligation to update our views as market conditions evolve.
The full version of this report can be found at both BioMedReports and RedAcre.Com.
Healthcare investors and Biotech traders interested in accessing BioMedReports' new complete database of clinical trials and upcoming FDA and world-wide regulatory decisions which can be used to make more profitable trades and see upcoming catalysts can go to: http://biomedreports.com/fdacal.html
Follow Us
News developments and live healthcare sector updates are available constantly via Twitter at: http://twitter.com/BioMedReports
About BioMedReports.Com
BioMedReports is a news and research portal covering financial biotech news for the entire Healthcare Sector of the market. BioMedReports is not paid or compensated to report the news and developments of publicly traded companies. BioMedReports sells a premium product for subscribers and full disclosures and information about the stocks and news mentioned in this news release are available at BioMedReports.Com
Media Contacts Only:M. Davila
Assistant Editor
e-mail: Email Contact
Media Contacts Only:M. Davila
Assistant Editor
e-mail: Email Contact
See all RSS Newsfeeds