Thursday, November 29, 2012

Military women sue over 'combat exclusion' rule

By Lisa Fernandez, KNTV

A group of female pilots, Marines and soldiers gathered in San Francisco on Tuesday to announce the filing of a lawsuit?challenging the military's policy of excluding women from many combat positions.

The four women plaintiffs, along with the Service Women's Action Network headquartered in New York, are suing the Department of Defense, and the suit names Defense Secretary Leon Panetta specifically. A representative at the DOD in Washington, D.C., was not immediately available for comment, but he did say it is common policy not to comment on ongoing litigation.?

The American Civil Liberties Union is representing Marine 1st Lt. Colleen Farrell, Marine Reserves Capt. Zoe Bedell, Army Staff Sgt. Jennifer Hunt and Air Guard Major Mary Jennings Hegar in the suit, which was filed Tuesday afternoon in the U.S. District Court in San Francisco. The four women have all served in Afghanistan or Iraq, and two are Purple Heart recipients.

Their careers and opportunities have been limited by a policy, the suit states, which does not grant them the same recognition for their service as their male counterparts. The combat exclusion policy also makes it harder for them to do their jobs, the suit alleges.


Though the Pentagon is reforming the policies directed at servicewomen, the rules still bar women in the U.S. military from specific combat positions -- positions that are available to men.?

"To this day, that same part of me doesn?t understand why someone?s gender would have any bearing at all on what job they ended up in," wrote Major Mary Jennings Hegar, who is based at Moffett Field -- about 40 miles south of San Francisco -- ?and is a member of the U.S. Air National Guard. "I always thought that your skills, strengths, and interests would be better qualifiers. I remember watching the news when I was in high school and hearing that they were opening combat aircraft up to women for the first time. My first thought was, ?Cool! What do I need to do to get one!? followed closely by my second thought, ?What changed? Why weren?t we allowed to fly in combat before???

Click here for more military-related coverage from NBC News.

Hegar has served three tours over two deployments to Afghanistan, and trained as a search and rescue pilot after serving five years in the Air Force. She was also awarded the Purple Heart and the Distinguished Flying Cross with a Valor Device for heroism while participating in an aerial mission near Kandahar Airfield in 2009.?

According to the suit, women make up more than 14 percent of the 1.4 million active military personnel, yet the rule categorically excludes them from more than 200,000 positions, as well as from entire career fields. Consequently, the suit states, commanders are stymied in their ability to mobilize their troops effectively. In addition, servicewomen are:

  • Denied training and recognition for their service;
  • put at a disadvantage for promotions;
  • prevented from competing for positions for which they have demonstrated their suitability and from advancing in rank.

"That?s the problem with the military?s combat exclusion policy," Hegar wrote." It makes it that much harder for people to see someone?s abilities, and instead reinforces stereotypes about gender. The policy creates the pervasive way of thinking in military and civilian populations that women can?t serve in combat roles, even in the face of the reality that servicewomen in all branches of the military are already fighting for their country alongside their male counterparts. They shoot, they return fire, they drag wounded comrades to safety and they engage with the enemy, and they have been doing this for years. They risk their lives for their country, and the combat exclusion policy? does them a great disservice."

NBC Bay Area's Cheryl Hurd contributed to this report.

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Source: http://usnews.nbcnews.com/_news/2012/11/27/15489743-military-women-sue-over-combat-exclusion-rule?lite

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Sunday, November 25, 2012

AP Interview: Hamas No. 2 rejects Gaza arms halt

Palestinian schoolchildren walk in debris by a damaged school in Gaza City, Saturday, Nov. 24, 2012. Schools in Gaza opened Saturday for the first time since the truce, which calls for an end to Gaza rocket fire on Israel and Israeli airstrikes on Gaza, came after eight days of cross-border fighting, the bloodiest between Israel and Hamas in four years. The school was damaged when Israeli forces struck on a nearby building. (AP Photo/Bernat Armangue)

Palestinian schoolchildren walk in debris by a damaged school in Gaza City, Saturday, Nov. 24, 2012. Schools in Gaza opened Saturday for the first time since the truce, which calls for an end to Gaza rocket fire on Israel and Israeli airstrikes on Gaza, came after eight days of cross-border fighting, the bloodiest between Israel and Hamas in four years. The school was damaged when Israeli forces struck on a nearby building. (AP Photo/Bernat Armangue)

Palestinian schoolchildren walk by a damaged school, right, in Gaza City, Saturday, Nov. 24, 2012. Schools in Gaza opened Saturday for the first time since the truce, which calls for an end to Gaza rocket fire on Israel and Israeli airstrikes on Gaza, came after eight days of cross-border fighting, the bloodiest between Israel and Hamas in four years. The school was damaged when Israeli forces struck on a nearby building. (AP Photo/Bernat Armangue)

Hamas militants of the Izzedine al-Qassam Brigades attend the funeral of Hamas member Joudeh Shamallah in Gaza City, Saturday, Nov. 24, 2012. According to family members, Shamallah was badly injured during the latest Israeli-Hamas fight and died from wounds Saturday. (AP Photo/Bernat Armangue)

Un grupo de palestinos se congrega frente a la alambrada en la frontera Israel-Gaza al este de Khan Younis, en el sur de la Franja de Gaza, el viernes 23 de noviembre de 2012. Israel relaj? algunas restricciones fronterizas como parte de su tregua con los dirigentes de Hamas en territorio palestino el s?bado 24 de noviembre. (Foto AP/Bernat Armangue)

A relative of Hamas member Joudeh Shamallah makes the victory sign while weeping during Shamallah's funeral in Gaza City, Saturday, Nov. 24, 2012. According to family members, Shamallah was badly injured during the latest Israeli-Hamas fight and died from wounds Saturday. (AP Photo/Bernat Armangue)

CAIRO (AP) ? Gaza's ruling Hamas will not stop arming itself because only a strong arsenal, not negotiations, can extract concessions from Israel, the No. 2 in the Islamic militant group told The Associated Press in an interview Saturday.

The comments by Moussa Abu Marzouk, just three days after the worst bout of Israel-Hamas fighting in four years, signaled trouble ahead for Egyptian-brokered talks between the hostile neighbors on a new border deal.

Hamas demands that Israel and Egypt lift all restrictions on the movement of goods and people in and out of the Palestinian territory, which has been buckling under a border blockade since the Islamists seized the territory in 2007. The restrictions have been eased somewhat in recent years, but not enough to allow Gaza's battered economy to develop.

Israeli officials were not immediately available for comment Saturday, the Jewish Sabbath. However, an Israeli security official said this week that Israel would likely link a significant easing of the blockade to Hamas's willingness to stop smuggling weapons into Gaza and producing them there.

Abu Marzouk said Saturday that the group would not disarm, arguing that recent Palestinian history has shown that negotiations with Israel lead nowhere unless backed by force.

"There is no way to relinquish weapons," Abu Marzouk said in his office on the outskirts of Cairo. "These weapons protected us and there is no way to stop obtaining and manufacturing them."

Hamas' founding charter calls for Israel's destruction, but leaders of the group have also said they are ready for a long-term cease-fire with the Jewish state.

The group is believed to have amassed a large arsenal of thousands of rockets since Israel's last military offensive in Gaza four years ago. Hamas has been smuggling weapons through tunnels under the border with Egypt, but also claims to have begun manufacturing longer-range rockets in Gaza.

During the latest round of fighting, Hamas fired Iranian-made Fajr-5 rockets that came close to Israel's heartland, including the cities of Tel Aviv and Jerusalem for the first time. Israel warplanes pounded the tunnel area during the offensive to disrupt smuggling, and tunnel operators reported serious damage, but in the past were able to rebuild quickly.

Hamas used to be evasive about Iranian weapons support, but in recent days senior officials in the group have openly thanked Tehran. Gaza strongman Mahmoud Zahar told reporters on Saturday that he is confident that Iran will increase military and financial support to Hamas and the smaller militant group Islamic Jihad.

Iran and its regional rivals, the Sunni Muslim-led states in the Gulf, have been competing in recent months to lure Hamas into their respective camps. The top Hamas leader in exile, Khaled Mashaal, is being hosted by the Gulf state of Qatar, which has promised hundreds of millions of dollars for Gaza reconstruction.

Zahar said Saturday that Hamas is not beholden to anyone, but defended the group's ties with Iran. "If they don't like it, let them compete with Iran in giving us weapons and money," he said in an apparent jab at the Gulf states.

Abu Marzouk, meanwhile, said Hamas would not stand in the way of a bid by its main political rival, internationally backed Palestinian President Mahmoud Abbas, to seek U.N. recognition for a state of Palestine next week.

Abbas will ask the U.N. General Assembly to approve "Palestine" ? made up of the West Bank, Gaza and east Jerusalem, areas Israel captured in 1967 ? as a non-member observer state.

Such a state is far from being established, but Palestinians hope U.N. recognition would affirm its future borders, to be used as a baseline once negotiations with Israel resume. Israel, while willing to cede some land, refuses with withdraw to the 1967 lines and opposes Abbas' U.N. move as an attempt to bypass negotiations. Israel has moved half a million Israelis into settlements on war-won land.

Abu Marzouk suggested that Abbas is wasting his time at the U.N. "Hamas believes the General Assembly is not the one to create states," he said. "Occupation needs resistance, not negotiations."

Israel and the West have shunned Hamas, which has killed hundreds of Israelis in shootings and bombings over the years, as a terror organization. However, Hamas officials believe the boycott is slowly eroding, pointing to U.S. support for the cease-fire deal brokered by Egypt and the ongoing indirect negotiations between Israel and Hamas.

Overall, Hamas leaders have claimed the group has emerged victorious from this round, noting that Israel did not make good on threats to send ground troops into Gaza. Israel says it has achieved its goal of halting rocket fire on Israel.

Abu Marzouk said the next round of indirect talks will take place in Cairo on Monday. He has not met his Israeli interlocutors, he said, but said they are security officials and experts on border arrangements.

Until late last year, most top Hamas leaders in exile were based in Syria, the Islamists' main foreign backer in addition to Iran. However, Syrian President Bashar Assad's brutal crackdown on a popular uprising there made Hamas' alliance with the Damascus regime untenable.

Abu Marzouk, who has settled in a quiet Cairo suburb, said the follow-up talks with Israel were going well so far.

In Gaza, residents said Saturday that Israel has already eased some restrictions.

Fishermen were able to sail six nautical miles out to sea, or double the previous limit, said Mahfouz Kabariti, head of the local fishermen's association. "This is an opportunity and a chance for a better catch, though it is still a limited area," said Kabariti, who represents some 3,500 fishermen.

Israeli navy boats have been enforcing a sea blockade in an attempt to prevent weapons smuggling to Gaza. The restrictions on fishermen have fluctuated over the years, linked to the ups and downs in Israeli-Palestinian relations.

Meanwhile, some Gaza residents said they were able to enter an Israeli-enforced buffer zone on the Gaza side of the border Saturday with Israel without fear of being fired on.

Israel's military had carved out a 300-meter-wide (300-yard-wide) zone several years to try to prevent militants from sneaking into Israel. The zone gobbled up scarce farmland in one of the most densely populated areas in the world.

On Saturday, 42-year-old farmer Nidal Abu Dakka said soldiers stood and watched as he and others moved close to the fence. In other border areas, residents said Hamas police kept them away from the fence.

An Israeli government spokesman said he was unaware restrictions had been eased. A defense official said the Israeli military was no longer enforcing the no-go zone, but reserved the right to act against suspicious people. Both spoke on condition of anonymity because they were not allowed to discuss the issue with reporters.

___

El Deeb reported from Gaza City. Associated Press writer Karin Laub in Gaza City contributed reporting.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-11-24-Israel-Palestinians/id-710e64bf3b8c4036b6e9d550fda9618b

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Friday, November 23, 2012

My Eternal Moon

Vampires, Werewolves, Nekos, Elves, and Angels don't seem to get along real well these past few days. The moon goddess isn't too happy about the constant war she sees, as she's the gentle spirit of mother nature. The Sun god however...

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This topic is an Out Of Character part of the roleplay, ?My Eternal Moon?. Anything posted here will also show up there.

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Forum for completely Out of Character (OOC) discussion, based around whatever is happening In Character (IC). Discuss plans, storylines, and events; Recruit for your roleplaying game, or find a GM for your playergroup.

No humans, and I'll make a character our two :p vampires can be as old as you asnt as long as they have the appearance of 19-21

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Nami L'Chi
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Thursday, November 22, 2012

Iran Says They Have Given Hamas Ability To - Yeshiva World News

Iran Says They Have Given Hamas Ability To Produce Fajr-5

(Wednesday, November 21st, 2012)

An Iranian news agency says the head of Iran?s powerful Revolutionary Guard has disclosed his country has given terrorists in Gaza the ability to produce longer-range missiles on their own, without direct shipments.

The comments by General Mohammad Ali Jafari, quoted by the semiofficial ISNA news agency, offer some of the clearest insights on Iran?s weapons support for Hamas, whose Iranian-engineered Fajr-5 missiles have struck near Tel Aviv and Jerusalem this past week.

The report on Wednesday quotes Jafari as saying Iran has supplied technology to Gaza for the missiles to be produced ?quickly?.

Up to now, Iran denied it directly supplied Hamas with the Fajr-5.

Iran also backs the anti-Israel Hezbollah terror organization in Lebanon, which fired thousands of rockets into Israel during a monthlong 2006 war.

(AP)

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Source: http://www.theyeshivaworld.com/?p=146820

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Thursday, November 15, 2012

Gore: The connection between CO2 and extreme weather is 'absolutely' as clear as the connection between smoking and cancer

  1. Mistakes galore in Gore's climate change marathon: Gore connected Hurricane Sandy and other tropical cyclones with global warming caused by human-induced greenhouse gas emissions'
  2. No increase in droughts despite 'global warming': 'There has been little change in droughts over past 60 years, when CO2 emissions increased rapidly'
  3. New Nature paper out today 'Little change in global drought over the past 60 years'
  4. WUWT-TV's answer to Al Gore's 'Dirty Weather Report' is ON THE AIR -- Watch Climate Depot's Morano for a full hour at 8am EST Thurs
  5. Gore: The connection between CO2 and extreme weather is 'absolutely' as clear as the connection between smoking and cancer
  6. Gore is hearing voices about CO2-induced bad weather: 'Mother Nature is speaking very loudly and clearly'
  7. Analysis: 'Carbon Tax Will Kill The Economy, Boost Inflation' -- 'Goods and services would simply be made to cost more'
  8. Rebuttal to Obama's claims: 'Temperatures have declined over the last 10 years, and the US is experiencing the longest period without a major hurricane strike in 150 years'
  9. Grist Mag.: 'There's not gonna be a carbon tax': 'So let's be clear: It's not going to happen'
  10. President Obama claim: 'What we do know is the temperature around the globe is increasing faster than was predicted even 10 years ago'
  11. Meteorologist Bastardi: 'So Mr president, How can [temps] be rising faster than forecasted, if its not rising at all, unless it was being forecasted to fall, which it was not'
  12. Warmist Suzanne Goldenberg gets all excited over Obama's lukewarm words on global warming, forgetting the much stronger lip service he offered on the same subject just after 2008 election
  13. Slate Mag upset at Obama on climate change: Carbon tax isn't going to happen: 'He made it plain that isn't about to change in his second term'
  14. Report Sees U.S. as Top Oil Producer, Overtaking Saudi Arabia, in 5 Years
  15. A Carbon Tax Would Have Prevented Sandy: 'Hurricanes are afraid of taxes, and run away from them'
  1. Mistakes galore in Gore's climate change marathon: Gore connected Hurricane Sandy and other tropical cyclones with global warming caused by human-induced greenhouse gas emissions'
  2. No increase in droughts despite 'global warming': 'There has been little change in droughts over past 60 years, when CO2 emissions increased rapidly'
  3. New Nature paper out today 'Little change in global drought over the past 60 years'
  4. WUWT-TV's answer to Al Gore's 'Dirty Weather Report' is ON THE AIR -- Watch Climate Depot's Morano for a full hour at 8am EST Thurs
  5. Gore: The connection between CO2 and extreme weather is 'absolutely' as clear as the connection between smoking and cancer
  6. Gore is hearing voices about CO2-induced bad weather: 'Mother Nature is speaking very loudly and clearly'
  7. Analysis: 'Carbon Tax Will Kill The Economy, Boost Inflation' -- 'Goods and services would simply be made to cost more'
  8. Rebuttal to Obama's claims: 'Temperatures have declined over the last 10 years, and the US is experiencing the longest period without a major hurricane strike in 150 years'
  9. Grist Mag.: 'There's not gonna be a carbon tax': 'So let's be clear: It's not going to happen'
  10. President Obama claim: 'What we do know is the temperature around the globe is increasing faster than was predicted even 10 years ago'
  11. Meteorologist Bastardi: 'So Mr president, How can [temps] be rising faster than forecasted, if its not rising at all, unless it was being forecasted to fall, which it was not'
  12. Warmist Suzanne Goldenberg gets all excited over Obama's lukewarm words on global warming, forgetting the much stronger lip service he offered on the same subject just after 2008 election
  13. Slate Mag upset at Obama on climate change: Carbon tax isn't going to happen: 'He made it plain that isn't about to change in his second term'
  14. Report Sees U.S. as Top Oil Producer, Overtaking Saudi Arabia, in 5 Years
  15. A Carbon Tax Would Have Prevented Sandy: 'Hurricanes are afraid of taxes, and run away from them'
  1. Mistakes galore in Gore's climate change marathon: Gore connected Hurricane Sandy and other tropical cyclones with global warming caused by human-induced greenhouse gas emissions'
  2. No increase in droughts despite 'global warming': 'There has been little change in droughts over past 60 years, when CO2 emissions increased rapidly'
  3. New Nature paper out today 'Little change in global drought over the past 60 years'
  4. WUWT-TV's answer to Al Gore's 'Dirty Weather Report' is ON THE AIR -- Watch Climate Depot's Morano for a full hour at 8am EST Thurs
  5. Gore: The connection between CO2 and extreme weather is 'absolutely' as clear as the connection between smoking and cancer
  6. Gore is hearing voices about CO2-induced bad weather: 'Mother Nature is speaking very loudly and clearly'
  7. Analysis: 'Carbon Tax Will Kill The Economy, Boost Inflation' -- 'Goods and services would simply be made to cost more'
  8. Rebuttal to Obama's claims: 'Temperatures have declined over the last 10 years, and the US is experiencing the longest period without a major hurricane strike in 150 years'
  9. Grist Mag.: 'There's not gonna be a carbon tax': 'So let's be clear: It's not going to happen'
  10. President Obama claim: 'What we do know is the temperature around the globe is increasing faster than was predicted even 10 years ago'
  11. Meteorologist Bastardi: 'So Mr president, How can [temps] be rising faster than forecasted, if its not rising at all, unless it was being forecasted to fall, which it was not'
  12. Warmist Suzanne Goldenberg gets all excited over Obama's lukewarm words on global warming, forgetting the much stronger lip service he offered on the same subject just after 2008 election
  13. Slate Mag upset at Obama on climate change: Carbon tax isn't going to happen: 'He made it plain that isn't about to change in his second term'
  14. Report Sees U.S. as Top Oil Producer, Overtaking Saudi Arabia, in 5 Years
  15. A Carbon Tax Would Have Prevented Sandy: 'Hurricanes are afraid of taxes, and run away from them'

Source: http://www.climatedepot.com/a/18476/Gore-The-connection-between-CO2-and-extreme-weather-is-absolutely-as-clear-as-the-connection-between-smoking-and-cancer

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Wednesday, November 14, 2012

Anne Hathaway Confirmed for Robopocalypse

Anne Hathaway, Get Smart

Still early in its casting process, Steven Spielberg's Robopocalypse now officially has a lead actress in the shape of Anne Hathaway. Recently linked with the blockbuster - now firmly in pre-production even as Spielberg attends to his Lincoln publicity duties - Hathaway has officially confirmed her involvement in the movie.

"If Robopocalypse happens I will be in it," she tells Empire, "and I believe it?s quite real, though you never want to hang your hat on anything."

Keeping mum on her character ("I'm back in Secretville"), Hathaway elaborated on the allure of the project. "Whenever I?m taking time off, I always joke to my team that I?m on vacation unless Steven Spielberg calls. And I was on vacation and Spielberg called. So I was like, ?OK, put my money where my mouth is?."

If you're familiar with Daniel H. Wilson's sci-fi novel, you'll know that there's only two substantial female characters on the page - a US senator and a grunt - although it's thought that Drew Goddard's script will deviate significantly from the source material. What we do know if that when humanity wakes up to a robot revolution orchestrated by a malevolent artificial intelligence known as 'Archos', things turn War Of The Worlds very quickly indeed.

Hathaway joins humanity's last hope against the robotic overlords alongside Ben Whishaw and possibly Chris Hemsworth, a trifecta that could, all being well, boast Q, Thor and Catwoman. Hey, it's not Arnie, but it's a start.

Robopocalypse is scheduled for an early 2013 start. Watch this space for more soon.

Source: http://www.rottentomatoes.com/m/1926244/news/1926244/

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Tuesday, November 13, 2012

Kodak reaches deal to borrow $793 million

(AP) ? Struggling photo pioneer Eastman Kodak Co. said Monday that it has reached an agreement to borrow $793 million, an important step in letting it leave bankruptcy protection in the first half of next year.

The deal is contingent on Kodak being able to sell its patent portfolio for at least $500 million. The company has been trying to sell that asset for more than a year. In a statement, Kodak says it is "confident it will achieve" that requirement.

"The additional liquidity from this financing will enable Kodak to accelerate its momentum as we continue to successfully execute on our reorganization objectives and emerge in the first half of 2013," CEO Antonio M. Perez said in a statement.

Under the deal, Kodak would borrow the money from a private investment firm, Centerbridge Partners; GSO Capital Partners, which is a subsidiary of The Blackstone Group; and banks JPMorgan Chase & Co. and UBS AG. The loan would consist of $476 million in new loans and $317 million in roll-overs of old debt. There's a provision to convert $567 million into "exit financing," a prerequisite for emerging from Chapter 11 protection.

Kodak filed for bankruptcy protection in January after struggling to adapt to the world of digital photography.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2012-11-12-Kodak-Bankruptcy/id-eded23f138724decb3fe8ffb07b7198c

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Saturday, November 10, 2012

Groupon Analyst Cuts Target To $2 - Business Insider

NASDAQ

Andrew Mason, Groupon CEO.

In the wake of yet another disappointing quarter, Groupon's stock has crashed to a new all-time low below $3 a share.

The stock is now down more than 85% from its $20 IPO price a year ago.

The latest stumble has caused some Wall Street analysts to finally cut their "Buy" ratings.

One skeptical Groupon analyst, meanwhile, has taken this opportunity to reiterate his CONVICTION SELL rating and slash his price target from $3 to $2.

Ken Sena of Evercore, who has been on the right side of Groupon since this summer, cites a litany of discouraging data.

Sena also points out that the bullish "value" story about Groupon down here--that the company has $1.2 billion in cash--is based on a false premise. The company does have that cash balance, but it also has ~$600 million in payables and accrued expenses. So the net cash balance is far lower than it might seem.

The good news is that, at least for now, Groupon is still profitable. So there should be a bottom here somewhere.

Here are Sena's bullets:

Flat q/q revenue growth was 5% below expectation at $569 mm. Daily Deals revenue of $424 (75% of business) was down -16% q/q, 17% below our $506 mm estimate. EBIT was $25 mm, $5 mm higher than our $20 million estimate (3.3% of rev), but 40% below the Street at $35 mm. However, EPS of $0.03 was in-line with EVR / Street estimates of $0.02 / $0.04 on lower than expected taxes.

COGS [Cost Of Goods Sold] soar on higher first-party Goods transactions. Direct revenue (where first party Goods sales are booked) increased 122% q/q to $145.0 million in 3Q12, vs. our $90 mm est., driving COGS as a percentage of revenue from 23.8% in 2Q12 to 32.0% vs. our 26.6% estimate.

International story worsens. International revenues were up 3.1% y/y (+13% y/y x-FX) to $277 mm, or down 10% q/q, which missed our $314 mm estimate by 12%. This miss was despite an $18.5 million one-time true-up of unredeemed voucher revenues related to a tax ruling in Germany. Moreover, while Groupon cited improving EMEA signs in September, the comment unfortunately suggests that their 3Q12 guidance was potentially knowingly aggressive when provided in August.

FCF down 46% q/q to $26.1 mm driven by 60% reduction in adjusted net income to $24.1 mm.

Reducing Estimates. We are reducing our 2013 EBITDA estimate for Groupon from $260 million to $176 million on the expectation for higher COGS from 1P Goods and slower growth from higher margin Daily Deals. Given the stronger growth from Goods, we now see Goods contributing $1.4 billion in revenue (~48% of billings) in 2013, vs. our previous estimate of $678 million. Meanwhile, we now expect $3.9 billion in Daily Deal Gross Billings versus $5.4 bn previously (-17% y/y vs. +3.7% y/y).

Reducing Target. Groupon currently trades at 52.3x our 2013 EBITDA estimate of $19 mm (inclusive of $157 mm in SBE), or 6x our $176 mm estimate x-SBE. Although the company has $1.2 billion in cash on its balance sheet, ~$600 mm is in accrued payables and expenses, suggesting less cash valuation support than it would seem. Our newly lowered target of $2.00 (from $3.00) implies that Groupon should trade at 6x our EBITDA estimate (inclusive of SBE), or 1x EBITDA x-SBE. Therefore, we see further risk and maintain our Conviction Underweight rating.

SEE ALSO: Groupon Has Fired ~650 People In The Past 6 Months

Source: http://www.businessinsider.com/groupon-analyst-cuts-target-to-2-2012-11

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Wednesday, November 7, 2012

Claire McCaskill: 'most endangered Democrat' wins Missouri Senate race

Rep. Todd Akin's comments on rape played big at the polls among both women and men voters, helping Senator McCaskill win by nearly 15 percentage points a race she had been expected to lose.

By Gail Russell Chaddock,?Staff writer / November 7, 2012

Flanked by family members, Sen. Claire McCaskill (D) of Missouri declares victory over challenger Rep. Todd Akin (R) in the Missouri Senate race Nov. 6 in St. Louis.

Jeff Roberson/AP

Enlarge

Sen. Claire McCaskill topped everyone's list of most endangered Democrats, until her challenger's comments on "legitimate rape" suddenly made the gender gap a top issue in the campaign.

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Most voters in exit polls said that they gave the comments on rape and abortion by Rep. Todd Akin (R) of Missouri "some consideration" in the voting booth ? and that those who did overwhelmingly sided with Senator McCaskill. The comments angered both women and men, who were only slightly less likely than women to back the incumbent.

In the end, McCaskill won with a 15 percentage-point margin a race she had been expected to lose by at least that much.

As a freshman senator, her voting record was out of sync with a state trending increasingly Republican. McCaskill's early and public support of President Obama, who lost the state twice, her backing for the 2009 stimulus and 2010 health-care reform known as Obamacare, as well as ethical issues involving taxes and improper payments didn't help. By mid-summer, she was limping into a general election with a 40 percent job approval rating and trailing Representative Akin by double digits in the polls.

But Akin's toxic comments in an August television interview that pregnancy is rare in cases of "legitimate rape," because "the female body has ways to try to shut the whole thing down" went viral on the Internet and gave a new face to the campaign.

Akin apologized for his "six second mistake," but by then the damage had been done ? not just to GOP hopes for taking back the Senate but also to the overall Republican brand, especially among women. Top GOP leaders, including Mitt Romney, urged Akin to get out of the race. Sen. John McCain (R) of Arizona said publicly that he would not be welcome in the Senate.

Still, some social conservatives, such as former Gov. Mike Huckabee (R) of Arkansas, publicly backed Akin. The deadline to take his name off the ballot came and went, as Akin insisted that conservatives were rallying to his campaign and that he could still win the race.

Exit polls by the Associated Press show that McCaskill was helped by a strong turnout from women, especially among younger women, but she also drew support from nearly half of male voters. Akin drew support among women 65 and older. Exit polls also signal a racial gap: Akin drew support from white women, while black women backed McCaskill "in a landslide."?

"This election provided a clear choice between leaders like Claire McCaskill, who want to move forward by expanding women's healthcare access and economic opportunity, and candidates like Todd 'Legitimate Rape' Akin, who was committed to redefining rape, and denying women access to reproductive health care and equal pay," said Stephanie Schnock, president of EMILY's List, which raises money for Democratic women candidates to support abortion rights, in a statement after the vote.

"It looks like Claire McCaskill (D) pulled off one of the most dramatic escapes in recent political history, thanks to Rep. Todd Akin (R)," said political analyst Stuart Rothenberg. "His comments about rape, abortion and subsequent inability to stay out of the headlines ensured his defeat."

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/XyViMMLz4-o/Claire-McCaskill-most-endangered-Democrat-wins-Missouri-Senate-race

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Tuesday, November 6, 2012

5 Easy Home Improvement Projects to do With Your Kids

Five ways to spend time with your kids ? and get some home improvement projects out of the way too!

If you are like most parents, you are a very busy person. Taking the kids to school, cooking dinner, doing household chores ? your schedule is jam-packed with important activities that have to get done. With everything going on, it can be nearly impossible to find the time to do a little bit of home maintenance.

But what if you could include the kids in the projects? It would be a great way to spend time with them AND tackle some items around the house. The five home improvement projects below are specifically designed to be kid-friendly!

Painting

Painting is a great project for kids and can be on walls, furniture, or whatever project needs to be finished. ?Mistakes are easily fixed and the kids will like feeling like they are contributing to the overall decor of the house.

Gardening

Have you been thinking about putting in a garden in your backyard but just haven?t found the time? There is no time like the present and no helper like your kid. Gardening is the perfect activity for them ? it is fun, educational, and long-term. You can plant many of your family?s favorite vegetables: tomatoes, zucchini and cucumbers are all easy to grow. Your whole family will enjoy eating the literal fruits of your labor!

Build a Playhouse

If the idea of building a playhouse yourself sounds a little overwhelming, you will be happy to know that there are plenty of kits available to help you in the project. Of course this is not an activity suited for young children, but older ones taking the proper safety precautions will enjoy this project a lot. Learning to use a hammer is a basic skill and there is no better way to learn it than with your parents.

Decorate Your Mailbox

Go a little wild and let your kids have their fun with your faded mailbox. Take them shopping for fun art supplies and let them turn this improvement project into a crafty one. Just make sure there is a visible house number and that nobody paints it shut!

Install Outdoor Solar Lights

Putting solar lights in your yard is surprisingly simple. Solar walkway lights are sold online and at most home improvement stores. Your kids can place them along your walkway or around garden beds. They will enjoy seeing the lights turn on as the sun goes down. It?s good for the environment ? and for about $50 for a pack of eight, they?re good for your wallet too!

Note: With all of these projects it is important to remember that safety always comes first. Take all the necessary precautions and keep an eye on your child. Also, remember to prepare for messes ? use an old sheet or some newspapers to cover your floor and move as much furniture as you need for your work space. Involve your children from step one and keep them involved until the end, including clean up.

About Lisa Steele

Lisa Steele has been writing about home improvement and chair replacement parts for nearly a decade. When she isn?t writing, you can find her at home with her family or training for her upcoming marathon.

Source: http://www.socialmoms.com/food/5-easy-home-improvement-projects-to-do-with-your-kids/

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Monday, November 5, 2012

Newspaper discloses new Cameron text messages

(AP) ? A British lawmaker says he's asked the country's media ethics inquiry to consider newly disclosed text messages sent between Prime Minister David Cameron and Rebekah Brooks, the ex-chief executive of Rupert Murdoch's British newspaper division.

The Mail on Sunday newspaper on Sunday published two previously undisclosed messages exchanged between the pair, who are friends and neighbors.

Brooks is facing trial on conspiracy charges linked to Britain's phone hacking scandal, which saw Murdoch close down The News of The World tabloid.

In one newly disclosed message, Cameron thanked Brooks in 2009 for allowing him to borrow a horse, joking it was "fast, unpredictable and hard to control but fun."

Opposition lawmaker Chris Bryant has asked a judge-led inquiry scrutinizing ties between the press and the powerful to examine the messages.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-11-04-Britain-Phone%20Hacking/id-d8d76bbc04af4dbbac36b1b0d5671ca8

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Thursday, November 1, 2012

Qatar University pharmacy student scoops international first prize ...

Doha, Qatar - Wednesday, October 31st 2012 [ME NewsWire]

A Qatar University pharmacy student beat of competition from her peers around the world to secure one of the top prizes at the International Pharmacy Student Federation (IPSF) World Congress.

Ghadeer Daghash, a final year undergraduate student at the university?s College of Pharmacy, won first place in the Congress?s senior level patient counseling skills competition. She was one of a 10-strong team representing the Gulf state?s renowned College of Pharmacy. They joined more than 500 pharmacy students from around the world at the 11-day educational, scientific and cultural symposium held in Hurghada, Egypt.

As part of her assessment, Ghadeer had to analyze a case study of a patient, given to her just one day before, and counsel on the use of a new prescription as well as any drug interaction or adverse events present in the case. She fought off tough competition in the preliminary rounds to make it to the final, where she pipped her two competitors to the post.

Ghadeer said:? ?Competing on an international level has strengthened my professional skills as a pharmacy student.? During our period of study at the College, we are given the opportunity to develop important skills which will in future enhance our care of patients and compliance with international pharmacy standards.? Winning in this category showed that I am equipped with the necessary skills and I have the College to thank for helping me to build and develop them to this level?.?? Commenting on the students? participation in the symposium, CPH Acting Dean Dr Sherief Khalifa said:? ?Participating in such forums gives our students an invaluable opportunity to break the boundaries of distance, language, and culture and to connect with peers from around the world. Their participation underlines QU?s commitment to advancing pharmacy education and practice as well as creating pharmacy leaders who will make a difference and lead the change.?

Providing Qatar?s only pharmacy education, QU?s College of Pharmacy is committed to ensuring its students receive a world-class education which will bring the state?s pharmacy provision in line with international best practice. In addition to its undergraduate course, it also offers a Masters programme and a DPharm qualification, which can be undertaken part-time for select resident Qatar pharmacy practitioners with an approved BSc (Pharm) degree from another university who wish to continue their post-baccalaureate training while practicing in Qatar.

Underlining its commitment to community service, the college also runs a comprehensive professional development programme for practising pharmacists in Qatar. The purpose of the programme is to ensure the continued improvement of pharmacy professionals, researchers, scientists and allied professionals in Qatar, in order to achieve optimal patient care.

ENDS

About Qatar University:

Qatar University is the first and only national university in Qatar.? Established in 1973, it serves over 12,000 students and offers more than 60 specializations. The organization is committed to providing high-quality education to Qatari and international students in areas of national priority.? Its academic programs are aligned with established international standards and best practices. This was achieved through accreditation of many of its colleges, programs and courses by leading international accrediting bodies such as ABET and AACSB.

www.qu.edu.qa

Contacts

Media enquiries: Lesley Walker

+ 974 7779 3546

lesley_mair43@hotmail.com

Source: http://pressrelease.smartoman.com/?p=5456

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