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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Betsy Saina Wins NCAA Cross Country Title

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Source: http://www.cyclones.com//ViewArticle.dbml?DB_OEM_ID=10700&ATCLID=205747570

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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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Anne Hathaway Confirmed for Robopocalypse

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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Kodak reaches deal to borrow $793 million

NEW YORK (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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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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Video: Fiscal Cliff Common Ground?

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Source: http://video.msnbc.msn.com/cnbc/49735567/

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