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Calcium is the most plentiful mineral found in the human body. The teeth and bones contain the most calcium. Nerve cells, body tissues, blood, and other body fluids contain the rest of the calcium.
Diet - calcium
Calcium is one of the most important minerals for the the human body. Calcium helps form and maintain healthy teeth and bones. Proper levels of calcium over a lifetime can help prevent osteoporosis .
Calcium helps your body with:
Many foods contain calcium, but dairy products are the best source. Milk and dairy products such as yogurt, cheeses, and buttermilk contain a form of calcium that your body can absorb easily.
Whole milk (4% fat) is recommended for children ages 1 to 2. Adults and children over the age of 2 should drink low-fat (2% or 1%) or skim milk and other dairy products. Removing the fat will not lower the amount of calcium in a dairy product.
Green leafy vegetables such as broccoli, collards, kale, mustard greens, turnip greens, and bok choy or Chinese cabbage are good sources of calcium.
Other sources of calcium that can help meet your body's calcium needs:
Calcium is added to several food products, such as orange juice, soy milk, tofu, ready-to-eat cereals, and breads. These are a very good source of calcium for persons who do not eat a lot of dairy products or who are on a vegan diet.
Ways to make sure you receive or absorb the calcium in your diet:
Calcium is also found in many multivitamin-mineral supplements. The amount varies depending on the. supplement. Dietary supplements may contain only calcium or calcium with other nutrients such as vitamin D. Check the label on the Supplement Facts panel to determine the amount of calcium. Calcium absorption is best when taken in amounts of no more than 500 mg at a time.
Two commonly available forms of calcium dietary supplements include citrate and carbonate.
Other types of calcium in supplements and foods include lactate, gluconate, and phosphate.
Increased calcium for a limited period of time does not normally cause side effects. However, receiving higher amounts of calcium over a long period of time raises the risk of kidney stones in some people.
Those who do not receive enough calcium over a long period of time can develop osteoporosis (thinning of bone tissue and loss of bone density over time). Other disorders are also possible.
Persons with lactose intolerance have trouble digesting lactose, the sugar in milk. Over-the-counter products are available that make it easier to digest lactose. You can also buy lactose-free milk at most grocery stores.
Tell your health care provider about any dietary supplements and medicines you take. Your provider can tell you if those dietary supplements might interact or interfere with your prescription or over-the-counter medicines. In addition, some medicines might interfere with how your body absorbs calcium.
The preferred source of calcium is calcium-rich foods such as dairy products. Some people will need to take calcium supplements .
The Recommended Dietary Allowance (RDA) for vitamins and minerals reflects how much of each vitamin or mineral most people should get each day. The RDA for vitamins and minerals may be used to help create the goal for each person.
How much calcium you need depends on your age and gender. Other factors, such as pregnancy and illnesses, are also important.
Infants (Adequate Intake)
Children and Adolescents
Pregnancy and Breast-feeding
Up to 2,500 - 3,000 mg a day of calcium from dietary sources and supplements appears to be safe for children and adolescents, and 2,000 - 2,500 mg a day appears to be safe for adults.
The following list can help you determine how much calcium you are getting from food:
Vitamin D is needed to help the body absorb calcium. When choosing calcium supplements, look for ones that also contain vitamin D.
Escott-Stump S, ed. Nutrition and Diagnosis Related Care. 6th ed. Philadelphia, Pa: Lippincott Williams and Wilkins; 2008.
Sarubin Fragaakis A, Thomson C. The Health Professional's Guide to Popular Dietary Supplements. 3rd ed. Chicago, Il:American Dietetic Association;2007.
Institute of Medicine. Food and Nutrition board. Dietary Reference Intakes for Calcium, Phosphorous, Magnesium, Vitamin D, and Fluoride. National Academy Press, Washington, DC, 2010.
National Institutes of Health, Office of Dietary Supplements. Dietary Supplement Fact Sheet: Calcium. Accessed February 12, 2013.
Alison Evert, MS, RD, CDE, Nutritionist, University of Washington Medical Center Diabetes Care Center, Seattle, Washington. Also reviewed by A.D.A.M. Health Solutions, Ebix, Inc., Editorial Team: David Zieve, MD, MHA, David R. Eltz, Stephanie Slon, and Nissi Wang.
For help in finding a doctor or health service that suits your needs, call the UPMC Referral Service at 412-647-UPMC (8762) or 1-800-533-UPMC (8762). Select option 1.
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Medical information made available on UPMC.com is not intended to be used as a substitute for professional medical advice, diagnosis, or treatment. You should not rely entirely on this information for your health care needs. Ask your own doctor or health care provider any specific medical questions that you have. Further, UPMC.com is not a tool to be used in the case of an emergency. If an emergency arises, you should seek appropriate emergency medical services.
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Customer Service Information
Its easy to exude the style and elegance of Atlantic Citys finest gangster with these Sterling Silver Plaid Cufflinks. Cufflinks are the perfect way to add a dapper touch to every ensemble. Cross over from formal to fashionable with these Boardwalk Empire inspired cufflinks, with inlaid blue and purple plaid, a nod to the old country, in a concave square setting.
- Material: Sterling Silver
- Purple & Light Purple Plaid Enamel Pattern
- Dimensions: 5/8 x 5/8
- Made in the USA

subset: commoncrawl


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Category: Kindles
$25.00Retailers Only
Trick 'R' Treat Witch / Spell is such a good little witch! She's the Kindle who stays home and hands out candy to the trick or treaters while the rest of the Kindles go from door to door collecting goodies. She and her black cat, Midnight, keep the front porch swept and the jack o' lanterns lit, and she always knows just which candy each child likes best. Learn More -
$4.00Any of Santa's Helpers may need a boost to hang the highest decorations. This ladder will do the trick! Learn More -
$25.00Kindle on Skates / Axel loves to skate - forward and backward. Sometimes, he takes a spill on the ice but that doesn't stop him from trying again! Learn More -
$25.00Kindle with Letter - ever wonder how your letters to Santa get to the North Pole? Santa has helpers everywhere - even the post office! Learn More -
$25.00Kindle with Glass Pickle Ornament / Gherkin has the job of hiding the glass pickle ornament on the Christmas tree on Christmas Eve. The lucky boy or girl who finds the ornament will receive a special gift on Christmas morning. Learn More -
$25.00Kindle Stringing Popcorn / It was Pop's love of popcorn that drove his interest in being Santa's number one stringer. The only problem is that they have to pop twice as many kernels now that he's taken the job. You see, for every piece of popcorn that he strings, another seems to disappear! Learn More -
$25.00Kindle with List / Checker is a V.I.K. -- Very Important Kindle. Santa has many lists -- toys, addresses, inventory, and of course, the list of who's naughty or nice! It's Checker's job to ensure that all lists are up to date and that Santa can find them at a moment's notice. Checker is a most trustworthy and detail-oriented Kindle! Learn More -
$25.00Kindle with Package / Wraps is Santa's Chief Wrapping Kindle! And when she's wrapping packages on Christmas Eve, her hands are just a blur -- pretty paper, fancy bow, neat tag, watch those scissors! There's just one problem -- after handling all that tape, Wraps' fingers are too sticky to even snack on a Christmas cookie in between packages. Help! Learn More -
$25.00Kindle with String of Lights / Tangle is always wrapped in Christmas lights from head to toe! As much as the other Kindles try to carefully wrap each string before putting them back in the box, they always seem to get tangled together. Oh well! Santa knows this patient Kindle will be able to untie those tricky knots before next Christmas comes around! Learn More -
$25.00Kindle with Wreath / Kranz is Santa's official wreath-maker. No two are ever the same. Some have big red bows. Others he trims with holly and ivy. And Mrs. Claus never runs out of places to hang them. She has Kranz hanging them on windows and doors...at the house and at the workshop...on the reindeer barn and on the back of Santa's sleigh. How festive! Learn More -
Baking Santa
$25.00Baker / Mrs. Claus loves to bake and Santa is eager to help by adding some extra sweet touches to each dessert. Learn More -
Baking Mrs. Claus
$25.00Baker / Mrs. Claus loves to bake -- and the other Kindles just love to eat all the sweet goodies that she cooks up! Learn More -
$25.00Baker with Chocolate Spoon / Coco makes the holidays a little sweeter with a gift of his favorite treat. He gently dips spoons in chocolate, sprinkles or colored sugar and hands them out to his Kindle friends during the busy Christmas season. Chocolate sure makes any day brighter! Learn More -
$25.00Baker with Pastry Bag / The strongest of all the Bakerkins, Squeeze is given the job of carrying the largest pastry bag ever since another Bakerkin tripped and fell onto the bag. Icing spurted all over the workshop and it took weeks to finish cleaning! Learn More -
$25.00Baker with Christmas Cookie / The most delicious cookies in the world are made by Kindles -- everybody knows that! Sprinkle is in charge of Q.C. in the Kindle Kitchen. No cookie leaves the bakery without having been inspected by her watchful eye. Of course Sprinkle does random taste-tests as well, the best part of the job! Learn More -
$25.00Baker with Rolling Pin / Woody wasn't always a baker Kindle. A long time ago, he was a lumberjack with the fastest feet around. He could stand on a log in the middle of a river and spin it with his feet without falling off. During peak cookie baking production, he just jumps on a giant rolling pin and rolls out dough faster than 10 Kindles put together! Learn More -
$25.00Baker with Gingerbread Man / Crumb takes his job very seriously. After all, it takes a keen eye to fashionably dress an army of gingerbread men every day! His outfits are simply yummy -- a frosting shirt and pants with chocolate chip shoes for formal occasions, a powdered sugar parka for those chilly North Pole days, or maybe just some raisin buttons for casual Fridays! Learn More -
$25.00Kindle with Chocolate Tree / Christmas is the time of year when everyone indulges in sweets — especially chocolate! It is Nibs' job to taste test the chocolate cakes, mints, fudge, truffles and cookies before they are wrapped and delivered for Christmas! Learn More -
$25.00Kindle with Bowl of Popcorn / Sweet buttery popcorn — a Kindle's favorite snack! After the popcorn has been strung for the Christmas tree, the Kindles can finally sit down with a huge bowl the puffy kernels and enjoy a Christmas movie! Learn More -
$25.00Kindle with Teddy Bear / Every child wants to find a cuddly stuffed animal under the Christmas tree. It is this Kindle's job to make sure that all of Santa's stuffed toy bears are soft, huggable and cozy! Learn More -
$25.00Kindle with Candy Apple / A Kindle's work is never done; especially in the kitchen where so many Christmas confections must be prepared. The ingredients are endless. Sugar, nonpareils, licorice, caramel and chocolate—it's a "sticky" job but someone has to do it! Learn More


text: 5 Best so far!Busymumof4 | 29/04/2013 | See all Busymumof4's reviews (4)I have Zumba 1 and 2 but this is by far the best.Zumba 2 was an improvement on the 1st one, and I haven't used the 1st version since. Zumba Core is better however. You can select individual songs or short, medium lor long classes. Within each class length you can also select the type of music and it tells you the exact length of the class, so you can do the best you can in the time you have available.It has the usual star system and gives bonus songs etc, as well as calories burnt. I doubt I'll be using Zumba 2 either now.


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Nov, 2012
I recently attended an event focused on power and embedded software hosted by the NMI in the UK, where I had been invited to make a presentation. My session was titled "Power Management in a Real Time Operating System". If you would like a copy of the slides, please email. Of course, apart from presenting myself, I was interested in the other sessions, in particular one about compilers and … Read More


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quote:I'm sure thatguy means no harm but mixing book readers with non-book readers has always gone bad quickly.
quote:Your perogative, just trying to avoid anyone else getting in the Enigma zone.
quote:I'm somewhere in the 70's issue wise.
quote: I guess there should be "natural" or an "informed" extension to each subject line.
quote:You should be in good shape to finish all of them before season 3. I got through the first 48 in about 5 hours.
quote:maybe, did you watch the video? Carl has a gun with a silencer so he's officially on the path to awesomeness.
quote:If they kill off Darrell I'm gonna be pisses.
quote:i want to see t-dog die. he's overall a worthless character


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Lamb Plush Rocker
Personalize this item
Preview $149
- Personalization
- Overview
Soft as a lamb's coat, our plush rocker has a huggable body and sweetly embroidered facial features. The runners are precision-shaped for a soothing back-and-forth motion.
- 26" wide x 13.5" deep x 20.5" high
- Expertly crafted of wood and polyester velboa.
- Runners are crafted of solid wood for a smooth, secure and gentle rocking motion.
- Ages 18–36 months.
- Imported.
- Dimensions & Care
- 26" wide x 13.5" deep x 20.5" high
- Weight Capacity: 40 pounds
- Hand wash with warm water and mild soap.
- Shipping Info
- Please allow 5-7 business days for delivery. Delivery estimate includes monogrammed and gift-wrapped items. To confirm delivery time frames in your area, please call 800.993.4923.


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"Momentary" Canvas
perfect fit
This painting was perfect for my newly decorated living room which has purplish blue walls and a caramel/tan sectional sofa. It helped pull it all together and the size was just right to go in the center of our shorter wall above the sectional. There are so many colors in this, it would go with a lot of different decors. It was also easy to hang and is lightweight.
September 7, 2013
Focal point
I purchased this painting to go over our fireplace in our new home. Little did I know that as I was piecing together our new living room that I would pull the colors from this painting to decorate. We stood it vertically and it really looks phenomenal.
June 17, 2013
love it, love the colors, love the size
This is a large piece and we needed a large piece of colorful art for our vacation rental property. I was lucky enough to get this on sale for $79.99 and wish I would have bought 2! The colors are beautiful, the size is great-we hung it vertically and it adds a great dash of color to a blank wall. I'm waiting for another sale to get one for my own living room.
May 14, 2013
Big, beautiful piece
I was looking for a large piece of art for our living room and was grudgingly thinking of creating one myself when I stumbled across the "Momentary" canvas. I had to have it immediately! The color palette is perfect, it's 4.5 foot length stands up well behind our enormous sectional, it's not feminine, and it just looks good! Plus, can't beat that price, even with the additional shipping surcharge. LOVE IT!
April 22, 2013
Fun, bright piece
I love what this art piece has done to my small, bland apartment! It fills the space and brightens the room perfectly. It looks a lot busier in the pictures than it does in person, which is nice.
Quality is nice, and it's pretty sturdy for an art piece on canvas.
ABSOLUTELY worth the money!
March 5, 2013
Vertical & Horizontal!
I love this piece! I originally hung it vertically in our hallway, then I switched it to our bedroom, horizontally over our bed. It looks GREAT both ways! The many colors make it easier to coordinate with linens, etc, and it's definitely a focal point!
December 19, 2012
Absolutely fantastic!
Such an attractive piece! I just adore it. It's just as fabulous in-person!
April 19, 2012
I looked at this painting 3 times before I purchased it. When I did I used this painting in my entertainment room and hung it horizontal...looked great! esp with the blue walls. Then I moved, hung the painting in my dining room verticle (beige walls)! Guests thought I bought a new painting! It looks great! All seasons!
January 2, 2012


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giggle Better Basics Swaddle Blankets - Set of 2 (Organic Cotton)
Designed to mimic the security of the womb, snugly wrapping a baby in swaddling cloths is an age-old practice, and these organic swaddle blankets are a great way to take part in the tradition. Part of giggle's "better basics" line, the 100% organic cotton is both wonderfully soft and reassuringly healthy. (Sold as a pack of two.)
See Full Details
Meets the following
giggle Criteria:
BEST BASICS: everyday baby essentials
HEALTHY: made with safe or organic materials
RESPONSIBLE: eco-friendly or locally produced
Material100% Egyptian certified organic cotton
Dimensions30" x 30"
AgeNewborn - 12 Months
Rated 4.8 out of 5 by 23
Rated 5 out of 5 by megmom Soft and light!
These blankets are not only warm but lightweight and so compact that it packs away easily. We continue to use it even now that our baby doesn't need to be swaddled, and take it everywhere. It's a great all around blanket for strollers, car seats, carriers, etc.
June 30, 2009
Rated 5 out of 5 Soft and stretchy
Although I mostly used the velcro-based swaddlers, these blankets are so soft and cozy I kept them anyways. They would be good for swaddling if you go that route, although they're not as big as other swaddling blankets like a&a.
December 11, 2012
Rated 5 out of 5 by chapras1 Perfect Winter Swaddle
This swaddle is made of organic cotton, it is really thin and light but is still really warm and soft, perfect for swaddling your little one on a cold night. Another high quality product by Giggle, really love this store!
December 11, 2012
Rated 5 out of 5 by optimommy The best swaddling blanket on market
Everyone who has tried this swaddle only wants to use this one. It is better than any other swaddle blanket out there (And I have tried ALL of them). It's soft, organic, and stretchy! It makes it so much easier to swaddle and it actually stays put (as oppose to other swaddles that always unravel or bunch up). The only thing is is that I wish it also came in larger sizes as the baby grows. Please restock the PINK set! Baby #2 is a girl and I want it. Thanks.
July 20, 2012
Rated 5 out of 5 by cshopsalot great, more colors please!
These are soo soft and cozy. Amazingly enough they have some stretch too! Only wish they sold an all white set or a white yellow set!
March 27, 2012
Rated 4 out of 5 by lbcashman Perfect for as long as needed
Like many newborns, ours loved being in a swaddle. We preferred these over the velcro/pre-made ones you can buy. The first half-dozen washes they stayed pretty soft (we used the delicate cycle and baby-friendly detergent always). After a short while they lost their super-softness that many of the reviews talk about. But they stay usable and stretchy. Will probably want to buy new if we have another baby. Now I mostly use the aden/anias instead.
March 13, 2011
Rated 5 out of 5 by ChgoMama Best for swaddling
These blankets were by far the best for swaddling. They have just enough stretch to wrap baby nice and tight. Also great for stroller blankets in the summer.
March 11, 2011
Rated 5 out of 5 by Mariana Giggle's best product!!!
I recieved countless baby blankets but these are by far the BEST!! They are the best for swaddling because they have a little stretch to them so you can bind your little one up nice and tight! They are far superior to the muslin blankets. They are a giggle exclusive so I buy they for all the new moms I know even if they are not registered here!
March 11, 2011
(2 Questions : 2 Answers)
See what people are asking, and maybe add some answers of your own.
What size in inches are these blankets and they are square correct?Answers
Yes, these amazingly soft blankets are 30" x 30" square, making them the prefect size for swaddling!Q:
How big are the Better Basic swaddle blankets?Answers
These blankets are 30' X 30' which makes them the just the right size for swaddling. An added bonus is that they're extra stretchy, which lets you get a tighter swaddle!1 of 1
1 of 1


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Date of the Event:
Thursday, November 8, 2012 - 6:00pm - 8:00pm On Thursday, November 8th from 6-8pm, Senior and Disability Action will host a celebration party to raise funds to continue and expand future work for seniors and people with disabilities. This event is located 1800 Market Street at the LGBT Center in San Francisco. Tickets are $100 for individual; $50 for senior/disability; or sell raffle tickets for discount.
For details call, 415-546-1333.


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Sometimes, I get bored.
When I'm bored, I tend to be inspired.
To write, to slack off, to eat. Whatever.
Of course, the quality of inspiration tends to vary. A lot.
But the point of all this is that I'll be posting up a few of those inspirations here now and then instead of just stashing them inside my Tumblr account.
Because I can.
Musings #1 :
The Angel and The Farmer Boy
There lived a farmer boy. He was a simple person. He tended to his own needs as necessary every day. Whether it was to sow his farm, to feed the animals, or to repair his house, he did it all with discipline and quickly. His farm was small, hardly anything more than a garden. His animals were few, a group of only two chickens, one cow, and one lamb. His house was nothing more than a shack, built out of old, dry wood stuck together with dirt and wet clay dried in the sun. He led a hard life but one which sustained him. Thus was the life of the farmer boy.
Up in the clouds above, an angel watched over this young man with curiosity. She often wondered when she looked down from the heavens, "Why would a man work so hard every day?". The concept of struggle was a riddle to her, one which she served but had no knowledge of as a resident of paradise itself. As time passed, the question was all she could ever think off. Eventually, she realised that the only way to resolve this dilemma was to simply obtain its answer. So, on the day when the sky was especially cloudy and dark, she slipped away from her brothers and sisters, and descended quietly upon the farmer boy's home.
It was especially dark that day, so the farmer had decided to retire early. Knocks on his door made him woke up and he answered the summons rather hesitantly. What he saw had been beyond what he had expected. His heart and mind was swarmed with a million feelings when he laid eyes on the holy being before him. He immediately knelt down and begged in the light of her beauty. "Have mercy upon me, for I am but a simple farmer," he said the words in almost a whisper, trying his best to stay calm. An angel's visit meant many things; fortune, luck, torment, and despair.
The angel was amused, human beings were an amusing lot. She looked down upon the man, up close this time. The farmer was dressed in simple clothes of straw, bamboo, and cloth. Even the buttons of his vests were crudely carved from wood, and they barely seemed to function proper. His face and skin was dirty and dark from his exposure in early mornings. "My purpose here is simple, I have a question," she spoke with a voice so gentle and sweet, but strong and dignified, that it reminded him of a hurricane. "Why do you work?"
The man was puzzled by such a question, were angels not the all-knowing beings he heard of in the tales he had been told? Much too afraid to question such a powerful being, he gave his best answer. "I work in order to live. In order to survive and tend to my animals and farm, I must work in order to maintain it," he answered with his head still faced towards the floor. Angels were fickle beings, casting even so much as a glance on them was taboo. The angel pondered on his reply for a moment and smiled. Seemingly satisfied with his answer, she lowered her hand towards the ground and touched it, her fingers dancing upon the mud and dirt. The farmer was terrified of what could possibly happen, and could only hope for mercy.
Light pulsed from the holy being's fingertips as it swirled along the dirt, resonating with the life and energies within. Soon, the ground began to turn green and grass broke through the dry, dusty surface. Within moments, flowers had bloomed, and the land became replaced by rich soil and an abundance of flora. The farmer looked up suddenly, but all he saw a light above and heard a fluttering of wings beating against the winds. The light quickly swallowed itself amongst the clouds, and rain fell upon the earth like salvation.
Contemplate. Nothing is ever as they seem.


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by Michael Fortenbaugh, Commodore, Manhattan Sailing - 4:40 AM Mon 13 May 2013 GMT
Click here for printer friendly version Click here to send us feedback or comments about this story. If you want to send this story to a friend, please use link below http://www.sail-world.com/indexs.cfm?nid=109410 Based on your current download speed Sail-World has delivered large images (660 pixels long side.) If you would like to see only small images (300 pixels long side) click here . For medium sized images (500 pixels long side) click here . If you would prefer to see text only (without pictures) click here
Click for further information on Adventure Sailing Related News Stories: 09 Jul 2013 Sailor Jeanne Socrates, world's oldest non-stop female circumnavigator 22 Jan 2013 Young Endeavour: 25-year celebration and you are invited! 17 Jan 2013 UK Sailmakers gives Yassine a new mast for 150nm Laser sail record 14 Apr 2012 Southernmost sailing voyages - who really has the record? 01 Apr 2012 And the most southerly-sailing boat ever is... 22 Jan 2012 Laura Dekker completes solo circumnavigation at 16 years and 123 days 11 Sep 2010 Steve White - solo round the world the 'wrong way' 05 Jan 2007 Solo Tasmanian Past the Horn 14 Jul 2006 Dream on Hold for Australian Solo Sailor 20 Jun 2006 Female solo sailor narrowly averts disaster
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Ader Fitness Heavy Jump Ropes - What's the best boxing training equipment? Jumping rope, or rope skipping, is a valuable part of any conditioning program for boxers, MMA athletes, or anyone involved in a cross-training or crossfit routine. Adding weight to skipping rope creates more workload on all muscles involved in the movement, such as shoulders, arms, forearms, and core. How do you achieve the best workout with jump ropes? Unlike jump ropes with weighted handles only, the Ader Fitness Heavy Jump Ropes have very light handles and carry all the weight in the tube rope itself, creating a much harder workout since the exerciser must then expend more energy to push the rope through the rotational movement and then keep the momentum against resistance created by the weight of the rope. The result is a much more intense cardio workout for strengthening core, burning calories, and shedding body fat. Be prepared, this is a tough workout! Ader Fitness Heavy Jump Ropes are available in 1 lb, 2 lb, 3 lb, 4 lb, and 5 lb weights.
Shipping Included Shipping cost included within the lower 48 states only Ships via UPS


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That's it for Markets Live today.
You can read a wrap-up of the action on the markets here.
Thanks for reading and your comments.
See you all again tomorrow morning from 9.
Australian shares pushed ahead on Monday as a closely watched monthly survey indicated growth in Chinese factory activity is increasing for the first time in six months.
The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index each added 0.6 per cent on Monday to 5453.3 points and 5432.7 points, respectively.
Local shares took a positive lead from offshore after Wall Street closed at record highs again and the spot price for iron ore, delivered in China, lifted 1.5 per cent to $US92.10 a tonne after the local market closed on Friday.
Shares are on track to end the financial year up more than 14 per cent next Monday.
"But top line revenue growth looks set to remain anaemic in 2015, meaning it will continue to be difficult for companies to achieve sustainable earnings per share growth in the next 12 months," Australian Ethical Investment chief investment officer David Macri warned.
In Monday's trade, Australian equities were further boosted by the release of the flash reading of the HSBC/Markit Purchasing Managers' Index for June, which rose more than expected from 49.4 in May to 50.8.
It is the first time this year the index has been above 50 - the level that indicates growth is speeding up - and the highest reading in seven months.
Mining was the best-performing sector, up 1.4 per cent, amid the better demand growth outlook from China. When the ASX closed, iron ore futures trading in China was tipping a more than 2 per cent jump in the spot price.
The biggest iron ore exporter Rio Tinto gained 2.6 per cent to $60, while resources giant BHP Billiton rose 1.4 per cent to $36.45. Fortescue Metals Group, Australia's third biggest iron ore producer, jumped 4 per cent to $4.39, despite New York research house Jefferies downgrading their recommendation from "buy" to "hold".
Arrium leads a pack of iron ore miners who have recorded strong share price gains today in a bullish day for the bulk commodity.
Retirement village developer Aveo Group performed strongly as well.
Wotif.com was the worst performer.
Best and worst performing stocks in the ASX 200 today.
Construction and development giant Leighton Holdings will be reimbursed up to $12 million for its failed bid to build the East West Link freeway under Melbourne's inner north.
The Napthine government has announced that Leighton had been dumped from the tendering process, with the bids to build the road reduced from three to two.
The surprise ejection of Leighton and its construction company John Holland leaves two consortia: one led by Lend Lease and another by Spanish infrastructure group Cintra.
Leighton's departure from the project comes ahead of Planning Minister Matthew Guy next week announcing his response to the planning hearings held in April to assess the road.
The new freeway will link the Eastern Freeway in Clifton Hill to CityLink and the Tullamarine Freeway via a tolled tunnel.
Treasurer Michael O'Brien said the bidding process for the road would deliver the best value possible for Victorian taxpayers.
The government plans to sign a contract with either the Lend Lease or Cintra consortium in October, just weeks before November's state election.
Shares have enjoyed a strong bounce from Friday's losses after investors cheered gains in the iron ore price and better than expected Chinese manufacturing data.
The ASX 200 and All Ords each rose 0.6 per cent to 5453.3 and 5432.7, respectively.
Mining stocks led the way, jumping 1.6 per cent as futures trading in China suggested another gain in the benchmark iron ore price tonight.
BHP was up 1.4 per cent, Rio 2.6 per cent and Fortescue 4 per cent.
The big banks pitched in as well, with Westpac and NAB the best with gains of 0.6 per cent, CBA was up 0.5 per cent but ANZ was flat.
Telstra, Woolies and Wesfarmers all rose.
Transurban was the biggest individual drag on the ASX 200, falling 0.7 per cent, while IAG and Oil Search fell similar amounts.
Gold miners were the only corner of the market to fall, down 0.1 per cent.
Federal Treasurer Joe Hockey has promised to 'name and shame' countries that fall behind economic growth targets. Photo: Louise Kennerley
Australia has been accused of delaying global action on tax evasion by failing to sign an early information sharing agreement as part of its commitment to the G20.
The agreement, part of the OECD's new automatic exchange program, was endorsed by finance ministers at a G20 meeting in Sydney in February.
Australia is chair to the G20 and will lead discussions on tax evasion and profit shifting at meetings in Brisbane in November.
The exchange program will see tax authorities swap private information on bank accounts and other financial assets every year. It is seen as a key reform in the global crackdown on tax evasion.
Australia, which has traditionally taken a leading role in the fight against tax evasion, has yet to sign.
The Treasury is believed to be going slow on the issue in order to have more time to consult with business. It is understood to be concerned about the cost of compliance, especially for Australia's big banks.
A spokeswoman for the minister for finance, Senator Mathias Cormann, declined to comment.
Transparency International, which advocates for greater sharing of information between countries, said it was disappointing that Australia had not yet become a signatory to the program given its leadership role at the meetings.
''It was a bit disappointing that Australia will no longer be an early adopter,'' Maggie Murphy, a senior program coordinator said.
Medical device manufacturer ResMed is 1.8 per cent lower today at $5.52 after its NYSE-listed shares dropped 3.1 per cent on Friday.
The catalyst appears to be a notice received by the US Securities Exchange Commission in which chief executive Michael Farrell informed the market he sold nearly 3 per cent of his shares last week.
Mixed news from the region's bourses...
- Japan's Nikkei +0.1%
- Hong Kong's Hang Seng +0.3%
- Shanghai Composite +0.1%
- Taiwan's TAIEX -0.4%
- Korea's KOSPI +0.6%
- Jakarta Composite +0.1%
- Kiwi NZX 50 -0.4%
Westpac's network of regional lenders should be drastically reduced with up to 60 branches closed so the bank can benefit from substantial cost savings and improve its overall efficiency.
That's the verdict of JPMorgan's analysts who are in the midst of a wide-ranging three-part study of Westpac.
In this second instalment, the investment bank argues the regional brands should be confined to their local markets, so St George would be unique to New South Wales, BankSA the dominant brand in South Australia and Bank of Melbourne, which is still pursuing a 100-branch target, limited to Victoria.
JPMorgan analysts Scott Manning, Bharat Anand and Vineet Ahuja, say the benefits of this strategy outweigh the costs.
They point to the high number of duplicate branches in the Westpac empire. According to their research, 23 per cent of the bank's branches operate within close proximity of each other, and "nearly half of these duplicate sites are less than 200m from the closest alternative Westpac-branded branch".
JPMorgan questions whether this sprawling branch network represents a "convenient allocation mechanism to currently defray centrally generated costs".
But the analysts point out that every day "a branch is open that doesn't need to be, it is effectively payment of a 'call option premium' in anticipation of better margin or growth outcomes for the group".
Most of the reduction targets are focused on the St George Bank network with 33 branches recommended for closure in Queensland, eight in South Australia and 12 in the ACT.
JPMorgan calculates the expense savings from the rationalisation could top $450 million and the scale of these changes would force a "radical rethink of the central cost model".
The Aussie dollar has stayed on its post-China PMI high at 94.41 US cents.
This year's peak was on April 10 at 94.61 US cents, so watch out for some additional "technical" buying around the currency if it goes above that mark.
At this point, it's hard not to see the dollar going up another leg when overseas traders take over this evening, especially with iron ore futures pointing to another big jump in the benchmark price tonight.
Early predictions on the themes that will dominate the upcoming reporting season are trickling in from the brokers' research teams.
Citi strategists Tony Brennan and Vivian Jiang told clients this morning that any nervousness heading into reporting season was not surprising considering the budget, weak iron ore prices and downgrades from retail stocks.
But they reckon it has been a quiet confessions season, reflecting the improved business conditions. However, that may just mean the confessions are running later than usual this year.
"The past couple of months do seem to have been tougher, not just slower consumer spending in Australia but the further slide in iron ore prices and, a bit earlier, disappointing growth in the US and Europe at the start of the year, when the Australian dollar was also rebounding," the strategists told clients.
"Consensus earnings have been getting trimmed but Citi analysts still see risk of disappointment for quite a few stocks, in areas that are recognised as tough like retailing, media, engineering, and metals and mining, and for some others operating offshore."
That risk is centred on outlook statement and predicted 2015 financial year earnings.
Citi reckons forecast earnings for the miners could take a hit, although banks may be come upgrades. Overall, the bank is calling forecast market earnings to drop "perhaps a few per cent".
"For industrial companies, analysts have had fairly strong growth forecast in most sectors in financial year 2015, expecting the long-awaited earnings rebound, after the subdued conditions since the global financial crisis," the strategists said.
"As the focus shifts to FY15 during reporting season, companies and analysts are likely to be bringing earnings forecasts down, given the current conditions. For the large mining companies, recent iron ore prices are likely to get factored into forecasts more post the production quarterlies, when analysts do their commodity forecast updates."
The iron ore price will weigh on earnings outlooks for next financial year, reckons Citi.
Doubts confirmed: The ACCC has found 'Victoria Honey' breached labelling laws on account of not being 100% honey. Photo: Daniel Sprague
The consumer watchdog has acted on a company selling what it claimed was honey but which in fact "was mainly comprised of sugars from plants including corn and sugar cane".
The ACCC has stung (sorry) Basfoods with a fine of $30,600 for misrepresenting its "Victoria Honey" product as being, well, honey.
The story was flagged by Fairfax Media earlier this month.
"Basfoods has provided an enforceable undertaking to the ACCC in which it has admitted that its conduct contravened the ACL," the ACCC said in a statement.
"Basfoods has undertaken to only sell product as honey if it is entirely produced by honey bees, and to regularly test its products, including honey."
Basfoods will also publish a range of corrective notices, the regulator said.
"Victoria Honey" is one of four products identified by the Australian Honey Bee Industry Council as potentially breaching labelling laws amid claims it isn't made from honey.
After the spectacular failure of the $US6.5b funding deal to finance the stalled Oakajee port and rail project in WA, the iron ore hopeful Padbury Mining is back with an ASX announcement where it claims "investment interests in Padbury have emanated from China, the Middle East and Korea".
"It is proposed to progress those discussions in China and Korea by way of meetings to be undertaken later this month/early July," the company said, adding that it "remains committed to the development of the Oakajee Port and Rail Project".
Somewhat surprisingly, some investors are ready to take a chance on the shares, adding 0.05 of a cent - or 16.7 per cent - to 0.35 cents.
After a previously announced deal collapsed (along with the share price), iron ore junior Padbury reckons it has lots of interest in its Oakajee port and rail project in WA.
Gas utility Envestra has confirmed year to June earnings will come in at ''around $150 million'' which is at the top end of its forecast range, with unseasonably warm weather through the start of winter capping the upside.
That compared with earlier guidance of a net profit of $145-150 million for the year, it said.
The updated figure is before taking into account any abnormal factors, including the impact of any unseasonal weather on gas volumes sold in the final weeks of the financial year.
Envestra has been the subject of competing takeover bids, first from pipeline owner and operator APA Holdings and, more recently, from Chinese investor Cheung Kong group, which is already a shareholder in the company.
Envestra is in dispute with Cheung Kong Industries over the payment of the 3.5c a share final dividend.
Envestra has brought forward the date for paying the dividend until July, rather than the usual payment during August, which could fall outside the Cheung Kong bid period, so that it would not be paid.
Cheung Kong is offering $1.32 a share, which the Envestra independent directors have decided to back.
Envestra shares are down 0.2 per cent to $1.36.
A quick peek at the best and worst among the top 200 so far today shows iron ore miners are enjoying some healthy share price gains.
The iron ore price jumped 1.5 per cent to $US92.10/tonne at the end of last week, and futures trading in China suggests another big move up tonight when the benchmark price is up.
Best and worst so far today: Iron ore miners are on a tear as the commodity's price looks set to gain again.
Fresh from news over the weekend that Google has bought security monitoring group Dropcam (thereby cementing its image as the ultimate "Big Brother" in the eyes of many), now this...
Telstra is understood to have spent between $40 million and $60 million to buy into SNP Security's back-to-base alarm and security camera business.
The deal will see Telstra and SNP, which is Australia's third-largest security company, form a new subsidiary called TelstraSNP Monitoring that will provide customers with monitored security.
Telstra said it was also investigating the possibility of giving customers the ability to watch their pets at home via video cameras.
SNP's existing tens of thousands of monitored security customers, who purchase CCTV monitoring and alarm systems from the company, will be moved to the new joint venture.
Telstra will own slightly more than 50 per cent of the TelstraSNP Monitoring but its day-to-day operations will largely be managed by SNP staff, Telstra business group managing director Will Irving said.
"The market for back-to-base alarms in Australia is potentially very large because a lot of business use them but only to a smaller degree than we think is possible," he said. "There's phenomenal growth in video technology and the ability to do analytics on video plus a whole range of other monitoring and telemetry.
"I will be the chair of the new entity and Tom Roche SNP Security's managing director will be the initial MD of the joint venture ... It's not a precise 50-50 joint venture."
Telstra customers will now be offered bundled alarm products as part of their existing phone and internet services.
Telstra's partnership with SNP gives it access to SNP's security monitoring network. Photo: Andrew Meares
Retailers beware: Households will struggle to up their spending this year if real wages continue to fall.
Households are expected to come under further pressure this year, slashing spending as the unemployment rate rises and the federal budget eats into disposable incomes, a prominent economist says.
The forecast belt tightening comes after a sharp dive in consumer confidence following the release of the Abbott government's first budget in May.
And Bank of America Merrill Lynch chief economist Saul Eslake said "don't expect a consumer revival soon''.
Retailers have already began to feel the pressure, with a dozen announcing profits and sales downgrades in the past month after retail spending plummeted to a 10-month low.
''It is difficult to envisage a scenario in which consumer spending growth would recover strongly to an above average growth rate,'' Mr Eslake said.
''The federal budget has taken away from household incomes and sapped sentiment and this has exacerbated an already challenging environment.''
Mr Eslake said he expected consumer spending to slow to be ''significantly below average'' this year with ''only a modest improvement in 2015.
Adding to frugality, the recovery in the housing market had delivered an acceleration in credit growth, catapulting the household debt to income ration to 149 per cent.
The high debt levels made households more vulnerable and exposed to higher interest payments when rates ''do eventually, and inevitably, move higher'', he said.
''In an environment of elevated household leverage, a preference for debt management and savings will ... persist with consumers remaining prudent.''
The preference to save follows a cut in real wages, with wage growth slipping below the cost of goods and services in the 12 months to May.
Central banks are planning to cut their exposure to longer-term debt to protect themselves from losses when the Federal Reserve ends its bond-buying this autumn, increasing the risk of instability in global markets.
The majority of respondents in a survey of reserve managers who control assets worth $US6.7tn, or more than half of central banks' total reserves, said they were likely to adjust their portfolios in preparation of tighter monetary policy.
As the UK and US embark down the path back to more normal interest rates, big changes in asset holdings by other central banks around the world would heighten the risks of market disruption.
The survey of 69 central bank reserve managers, polled in May by Central Banking Publications and HSBC, suggested many have already started to move into riskier assets, such as equities. That trend looks set to continue, with just under half of those polled saying they could envisage buying shares or exchange traded funds. Others said they would cut the duration of their bond portfolios.
As the global economy shows some signs of returning to health, the Fed and other advanced economy central banks, such as the Bank of England, have started to consider tightening monetary policy. The prospect of higher interest rates have raised fears that a 30-year bond market rally is drawing to a close and that prices will fall in the years ahead.
Are economists ethical? asks BusinessDay columnist Ross Gittins.
Short answer: no more than most. Long answer: well, it's not something they think about much.
The question of ethics is starting to raise its head among economists, both overseas and in Australia, particularly in NSW. It's an issue the Sydney branch of the Economic Society is likely to start debating in the next few months.
The issue is arising as more economists find ways to sell their services to big business for big bucks. Business is attracted by the status, expertise and authority economists bring, and is willing to pay for it.
Various aspects of conventional economics make economists susceptible to such transactions. Almost all economists believe in the market system and believe that the bigger the economy grows the better off we are. So they have an inbuilt sympathy with business and its objectives.
They believe self-interest is a good thing because it's what motivates a market economy. It should never be a bad thing because it's held in check by countervailing market forces.
And there's a belief among economists that their discipline is ''positive'' rather than ''normative''. It's a ''value-free'' description of how the economy actually works, not a statement of opinion about how it should work.
It's because of this belief that, for example, many economists take no account of the implications of their recommendations for the way income is distributed between rich and poor. That's a ''value'' question they aren't qualified to comment on and so leave to others, such as politicians.
Illustration: Michael Mucci.
Currency traders have reacted to the robust Chinese flash PMI figures by bidding up the local dollar.
As a reminder, a PMI reading of above 50 means that growth in manufacturing activity is quickening, and vice versa.
The Aussie has jumped against the US dollar off the back of strong Chinese manufacturing data.
An early indicator of Chinese factory activity for the month of June has landed and it's stronger than expected, at 50.8.
The HSBC Flash PMI came rose to 50.8 from 49.4 in May, well ahead of consensus forecasts of 49.7.
The Aussie dollar, which traded up towards 94 US cents leading into the release, jumped through that level to 94.15 US cents.
Hoyts Group's stand-alone video-on-demand service has been shelved with the company now due to hold talks with other media groups about collaborating on a streaming product ahead of a $700 million initial public offering.
The mooted video-on-demand service, which would allow consumers to stream films and programs online, had been in the pipeline for nearly two years and was originally flagged to launch in 2013, before being delayed until this year.
But high content costs have led to Hoyts Stream being suspended indefinitely.
It is believed Hoyts is unlikely to push ahead with the project on its own, with management due to meet with other media companies this week about a potential tie-up.
The Australian Financial Review reported that Hoyts had held preliminary talks with free-to-air broadcaster Seven West Media earlier this year.
Australia's largest private equity firm Pacific Equity Partners owns Hoyts, which operates 43 cinemas across Australia and New Zealand as well as the Hoyts Kiosk DVD distribution chain and cinema advertising business Val Morgan.
Damian Keogh was promoted to chief executive of Hoyts in February after a successful tenure at the helm of Val Morgan and will the lead the company into the IPO, which is likely to take place around November.
The streaming product had been considered a key part of the sale proposition for Hoyts because video-on-demand is a potential growth area with a lack of dominant players in the local market.
Nine Entertainment Co had outlined plans to launch a streaming service to help spruik the company to investors ahead of a $2 billion float in 2013.
Hopes of a recovery in the iron ore price could be dashed by reports that a financing scandal has put the brakes on imports of iron ore and copper at key Chinese ports.
Just days after iron ore minnow Termite Resources shuttered its Cairn Hill iron ore mine in South Australia, reports in the Wall Street Journal suggest that banks are examining allegations that a Chinese trading company pledged metal as collateral to more than one lender.
Chinese traders have long used commodities such as iron ore and copper as collateral to borrow from overseas, thus avoiding both China's capital controls and its higher interest rates.
It is estimated that as much as 40 per cent of the iron ore sitting at Chinese ports is being used as collateral, and Goldman Sachs estimates $US100 billion ($106.5 billion) has been borrowed in this way since 2010.
While Chinese banks have been clamping down on the practice of borrowing using commodities for some months – this is one reason the iron ore spot price has fallen more than 30 per cent since the start of the year – the fraud allegations present a new issue.
There are reports a Chinese trading company has pledged iron ore as collateral to multiple counterparties. Photo: REUTERS
The federal Treasury has entered the debate over cigarette sales, publishing previously secret information that shows sales falling since the introduction of graphic health warnings and plain packaging.
The Treasury collects data on sales per stick in order to levy tobacco excise, but has until now withheld it from publication to protect commercially sensitive information.
Added to the Health Department's website quietly last week amid debate over the effectiveness of plain packaging, the Treasury data shows 3.4 per cent fewer cigarettes were sold last year than 2012. Plain packaging became mandatory on December 1, 2012.
The Treasury data is consistent with national accounts data that shows a decline of 0.9 per cent in the amount of tobacco and cigarettes sold between 2012 and last year. The national accounts show a further fall of 7.6 per cent in the three months to March after the first of a number of big increases in tobacco excise announced late last year.
The Bureau of Statistics bases the national accounts measure on a survey of households, whereas the Treasury collects information on every stick and pouch of tobacco sold.
The Treasury data suggests that, adjusted for population growth of 1.7 per cent, the number of sticks sold per person slid about 5 per cent between 2012 and last year.
The ABS data has consumption of tobacco the lowest ever recorded. Both measures conflict with industry claims that tobacco sales climbed by 59 million sticks or roll-your-own equivalents last year.
The claimed 0.3 per cent increase is said to be sourced from data analysis firm InfoView, although the data behind it has not been released.
Australian Council on Smoking and Health president Mike Daube said the Treasury data was clearly more reliable than unpublished industry figures.
Plain packaging: Newly released data shows cigarette sales have fallen. Photo: Angela Wylie
Echo Entertainment has signed a deal with two Hong Kong groups to help it develop its proposed casino and hotel project at the Queens's Wharf site in Brisbane.
The shares are up 3.7 per cent to $3.20 on the news.
Echo told the ASX that it has signed a binding memorandum of understanding with Chow Tai Fook Enterprises and Far East Consortium that will see echo contribute 50 per cent of the capital to the development of the project under a long-dated gaming operator agreement.
CTF and FEC would then contribute 25 per cent each, and will also jointly take on the residential and "related" component of the broader Queen's Street Wharf project.
It is expected the development will have a $1 billion project cost. Echo's great rival, James Packer's Crown Resorts, has also been shortlisted by the Queensland government as a bidder for the project.
Echo already operates casinos in Brisbane and on the Gold Coast, but it is limited in how if can redevelop its Brisbane property, which is housed in a heritage-listed building.
"Echo is delighted to work in partnership with two significant Asian-based partners and the government to develop and submit and proposal for the Queen's Street Wharf site, which will deliver major investment in tourism infrastructure including a world class integrated resort to Brisbane," Echo chief executive Matt Bekeir said in a statement.
The deal would appear to reduce the number of rivals Echo faced in the race to win the Queen's Street Wharf by one, as CFT and FEC had been shortlisted as a bidder for the project by the Queensland government in late May.
The boss of supermarket giant Wesfarmers has backed fresh calls for bigger cuts to made to the corporate tax rate, amid concerns that living standards and jobs could be at risk if Australia continues to fall behind Asia and the developed world in attracting big business.
The corporate tax rate, at 30 per cent, has not been changed in 14 years and is now higher that the 24 per cent average of members of the Organisation for Economic Co-operation and Development (OECD).
Richard Goyder, chief executive of Wesfarmers, which owns Coles and chair of the B20 advisory group, said Australia risks putting its business and economic credentials at risk by not being more competitive on tax.
"If Australia's tax rate is uncompetitive and it's increasingly uncompetitive, then capital will flow to other markets and we won't get the investment in productive assets that will improve economic growth and the creation of jobs and wealth creation in Australia," he told the Nine Network's Financial Review Sunday program.
He added that while the majority of Wesfarmers' business was Australian based, the company would need to look offshore if it's to continue to grow.
"The jurisdictions off shore that will be attractive to us will be ones where there's economic growth and an attractive investment criteria around tax rates," said Mr Goyder.
Former Coles boss Ian McLeod, who will soon take up a new strategic role at Wesfamers, has previously indicated that expanding offshore was an option for the company.
Shares have started the week on a bright note, with the big banks and miners pushing up the main indices 0.4 per cent in early trade.
The ASX 200 is 23 points higher at 5442.2, while the All Ords is 21 points up at 5422.7.
All sectors aside from the gold miners have recorded gains.
BHP is 0.6 per cent higher and Rio 1.3 per cent. Fortescue has added 2 per cent after iron ore jumped on Friday night.
The banks are all up by between 0.2 per cent (ANZ) and 0.5 per cent (NAB and CBA).
Metcash is up 2.9 per cent to $2.85 after recording a drop in full-year profits that was not as bad as analysts had expected.
Ten has gained 7.1 per cent to 26.25 cents on reports that private equity is eyeing off the embattled broadcaster (see below).
Resmed is the biggest drag on the market, down 2.5 per cent early.
May data confirmed that China's economy is beginning to accelerate this quarter after a sluggish first three months, writes JP Morgan's Stephen Walters, ahead of an early indicator of factory activity out late this morning.
Industrial production growth picked up, supported by improving exports, retail sales, and the government's pro-growth measures that have lifted infrastructure investment. By contrast, overcapacity and property market adjustments remain weak links.
As a result, manufacturing investment slowed in May to the weakest pace since November 2006, real estate investment decelerated back to its weakest pace since August 2012, and house prices reported the first sequential decline in two years. Whether the sources of lift are sufficient to offset these intensifying drags remains the biggest uncertainty faced by the Chinese economy.
This week's June flash PMI is expected to improve just modestly but remain below 50, tracking our forecast for a still-soft 6.8% annualized real GDP gain this quarter. Despite these modest disappointments on growth, policy is likely to stay status quo: no substantial easing but instead a reliance on targeted and fine-tuned pro-growth measures.
ACCC chief Rod Sims. Photo: Michael Clayton-Jones Photo: Michael Clayton-Jones
The head of the consumer watchdog has warned that competition policy needs to be reinvigorated, with governments increasingly failing to make competition central to the privatisation of public assets.
As a result, the federal government needs to ensure the present review of competition policy, the so-called Harper review, is used to both strengthen competition policy as well as to help reinvigorate so-called ''micro-economic reform'', ongoing changes to government policy to revitalise the economy.
''Australia has lost a lot of its pro-competition culture that it gained from the 1990s National Competition Policy. Clearly we need 'Hilmer Mark II', as the current Harper review is styled,'' Australian Competition and Consumer Commission chairman Rod Sims will say at Monday's State of the Nation Conference organised by CEDA.
Effective competition policy depends on using competition and other incentives to boost productivity, effective competition laws and creating processes and institutions that continually foster competition. In particular, the present approach to the privatisation of public assets raises particular concern, Mr Sims will say.
''Where governments are increasingly failing is in how to privatise,'' Mr Sims will tell the conference.
Australia is forecast to be among the three fastest-growing economies in the developed world this year, making it harder for the central bank to convince currency investors it isn't about to raise interest rates.
The RBA must differentiate itself from its counterparts in New Zealand and the UK, which have signalled their economies may need higher borrowing costs, according to Westpac.
Australia's record-low benchmark rate hasn't stopped foreign-exchange markets driving its dollar up 1.8 per cent in the past month, the best performing Group-of-10 currency ahead of the kiwi and the pound.
Gross domestic product will expand 3.1 percent in 2014, according to economists surveyed by Bloomberg News from June 12 to June 17, up from a previous forecast for 2.8 percent. New Zealand is predicted to grow 3.2 percent and the U.K. 3 percent.
"There's a huge amount of investment that's going to fall away in the second half of this year, something that the UK and New Zealand don't really share with Australia," said Michael Turner, a debt and currency strategist at Royal Bank of Canada. "If they want to be credible on any kind of jawboning on the currency, they're going to have to shift back toward an easing bias," he said, referring to the RBA.
"What we saw in the minutes was the beginning of a debate within the RBA to talk to the uncertainties -- which is their word -- of how much low rates were working to support domestic demand," Westpac's Rennie said. "We are going to see further concerns of that expressed in the July 1 policy statement."
Ten Network Holdings has attracted the interest of private equity firms that are weighing offers for the troubled free-to-air network amid potential changes to key programming contracts and media ownership laws.
It is believed United States media investor Providence Equity Partners has begun running the numbers on a potential bid for Ten's equity and debt in a move likely to be encouraged by the company's board and management.
Sources close to the process said the company behind MasterChef Australia and Offspring had retained long-term adviser Citi as well as legal firm Gilbert + Tobin to provide the commercial network with strategic advice.
Providence executives visited Australia earlier this month to meet media companies including Ten, which reported a profit downgrade on Wednesday.
The sources said Ten directors believed the embattled company would stand a better chance of surviving if it was "taken private". Ten's weak ratings and revenue over the past four years have left it open to an opportunistic bid by parties who believe there is still value in the third commercial free-to-air licence.
While contact between Providence and Ten was described as "preliminary", the sources said there "was a lot of work going on behind the scenes with a number of parties to try to make something happen at Ten".
Key catalysts for a formal bid include changes to the media ownership laws that would make it easier for Ten to merge with a regional affiliate or rival company, as well as new program supply deals.
Cost cutting: It is understood Ten executives, led by executive chairman Hamish McLennan, are attempting to renegotiate expensive supply deals with US studios CBS and Fox. Photo: Peter Braig
Metcash's net profit fell 17.9 per cent to $169.2 million as the food, liquor and hardware wholesaler embarked on a five-year transformation plan aimed at reversing a drop in grocery earnings and securing the long-term future of independent retailers.
Underlying group net profit fell 10.9 per cent to $250.1 million in the 12 months ending April and underlying earnings per share fell 13.2 per cent to 28.3¢, in line with the company's 13 to 15 per cent guidance in March.
Group earnings before interest tax and amortisation fell 11.7 per cent. While earnings from liquor distribution, the Mitre 10 hardware business and automotive rose, earnings from the core food and grocery distribution business fell 19.5 per cent as it struggled to maintain sales and margins were squeezed by higher costs.
The bottom line result included one-off costs of $54.0 million and a $10.5 million charge for discontinued Franklins stores.
Metcash cut its full-year dividend by 33.9 per cent to 18.5¢ a share, in line with a strategy to preserve cash to reinvest in price reductions, stores and supply chain restructuring. Its final dividend was cut from 16.5¢ to 9¢.
The Australian dollar has drifted lower after jumping as high as 94.32 US cents early over the weekend as investors await the release of key Chinese economic data.
The local currency was trading at 93.77 US cents, down from 94.06 cents on Friday.
The Australian dollar rallied well above 94 US cents last week following the US central bank's downbeat view of the world's largest economy.
But the currency was unable to maintain its highs and drifted lower, Bank of New Zealand strategist Kymberly Martin said.
"On Friday night, we tried to push above 94 US cents and there was resistance so we've dropped back to where we are today," Ms Martin said.
All eyes would now be on HSBC's Chinese June manufacturing figures, to be released 11:45 this morning, she said.
"The market consensus is for a marginal improvement from 49.4 in May to 49.8 in June, so anything at that level or above would probably be quite positive for the Australian dollar," she said.
"Any weakness would probably have a negative impact on the currency."
Analysts expect Metcash today to report a 14 per cent fall in underlying earnings per share to 28¢ and underlying net profit to $231 million, in line with the company's 13 per cent to 15 per cent guidance in March.
While earnings from liquor distribution, the Mitre 10 hardware business and automotive are expected to rise, earnings from the core food and grocery distribution business are expected to fall about 21 per cent as the division struggles to maintain sales.
JPMorgan expects food and grocery margins to fall 91 basis points to just 3.23 per cent – less than half those at Woolworths – because of operating deleverage, higher operating costs and gross margin compression from reducing inventories.
Metcash is investing about $40 million in reducing grocery prices by about 3 per cent to make the IGA network more price competitive with the major chains.
Metcash is hoping that lower prices will drive higher volumes and help independents regain market share.
Analysts say this move is a step in the right direction.
However, Deutsche Bank has estimated that every 1 per cent reduction in price would reduce Metcash's food and grocery earnings by about $122 million.
Five-year plan: The food, liquor and hardware wholesaler embarked on a transformation aimed at reversing a drop in grocery earnings and securing the long-term future of independent retailers.
Local shares appear set to open slightly higher after Wall St ended the week higher and iron ore jumped, ahead of key China manufacturing data out late this morning.
Here's what you need2know:
- SPI futures up 10 points to 5390
- AUD at 93.77 US cents, 95.75 Japanese yen, 68.97 Euro cents and 55.08 British pence
- On Wall St, S&P 500 +0.2%, Dow +0.2%, Nasdaq +0.2%
- In Europe, Euro Stoxx 50 -0.4%, FTSE +0.3%, CAC -0.5%, DAX -0.2%
- Iron ore adds 1.5% to $US92.10 per metric tonne
- LME copper 3-month up 1.4% to $US6820 a tonne
- Spot gold down 0.4% to $US1314.85 an ounce
- Brent oil slips 0.2% to $US114.81 per barrel
What's on today:
- China: HSBC Flash manufacturing data at 11:45am
- US: Existing home sales at midnight
Stocks to watch:
- Private equity firm considering potential bid for Ten Network: AFR
- Former Xstrata CEO bid for BHP's nickel assets rejected: reports
- Leighton is targeting a quick sale of its John Holland unit: AFR
- LNG Corp: PetroChina and the company held talks over Fisherman's Landing project: AFR
- Metcash reports FY earnings
- M2 Telco may buy Infratil's Lumo for $300m: AFR
- Indian state-run group said to consider bid for Rio's Benga project
Good morning and welcome to the Markets Live blog for Monday.
Your editor today is Patrick Commins.
This blog is not intended as investment advice.
BusinessDay with wires.


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4 MAG rocksstr160 | 06/11/2009 | See all str160's reviews (3)Been playing the beta for a number of weeks now. now, it's not a polished product yet, plenty of things the makers will improve and fix, but otherwise, it's brilliant. yeah, some gaming issues, it's not as slick as COD4, but it's WAR. huge WAR. huge maps. lots of weapons. and team work which is great.i look forward to the finished product and hope it addresses all issues the Beta trials are showing up. it has potential to be simply MEGA.
4 Must have PS3 title.SaintAAI | 04/02/2010 | See all SaintAAI's reviews (1)Firstly, I have an Xbox 360 as well as a PS3 so this is not a biased review done by a fanboy. Also I have never played MW2 so am not going to compare it.My first impressions when I first loaded the game and played the training level were not that great, the graphics seemed sub standard for the PS3 and there is no environmental damage like in some other FPS games. I reserved judgement until I had played a proper match, so after the training level, went on to play a supression round. This is really like a training excercise as well and again, didn't leave me realling any real excitement. It's a basic team deathmatch and, with the number of players you can have on that game type, didn't feel like anything new. It was enjoyable, but I thought it wouldn't take me long to get bored. Then I levelled up enough to enter into some other game modes, this is where my views changed. The game is simply amazing, I soon forgot about the graphics as the gameplay easily wins over. It's fast paced and slick with huge game arenas. With the large amount of players you can have on one match you can still find large areas to run around in without being seen. Head towards your objectives and you will find loads of players from both teams slugging it out in a fire fight. This makes it easy to be whatever type of player you want, be it a sniper that tries to hide from afar and pic people off or a gun toting maniac with a heavy machine gun and just go ploughing in mowing people down before you get taken out. Being a medic can also be rewarding as it gains you alot of experience healing or reviving your team mates. As you gain levels and rank you can control your squad, I've not got there yet as the girlfriend has taxed it off of me. Not because I can't put it down and she wants to spend time with me, but because she loves playing on it too. You gain skill points when you level up that can be used to improve your character or unlock new weapons. There are 3 sides to choose from as well, each with their own versions of the same weapons I presume (not sure on that as I've only played as S.V.E.R.), and also I would think this means that when your on certain maps like in your own territory, you will only ever defend. There is no swapping sides on the maps, this improves longetivity of the game as when you create a new character with a different team, you get to play some maps from a different angle. I have noticed no lag at all when playing and no issues connecting to game servers. There is so much more I could say about this game with the teamwork and objectives, but really you need to buy this game and see for yourself. I've given it 4 out of 5, as the gameplay is what makes this game and as nothing is perfect, the graphics have to make me deduct something. If I was giving an out of 10 score, it would be an 8.7. Definately one to have.
3 AverageJustTheFacts | 10/01/2010 | See all JustTheFacts's reviews (7)i've been playing the beta for a while now and give it a good chance to impress, and it just doesn't! when comparing to other top fps it just isn't as good it don't play as smooth and just don't look as polished, play mag then put modern warfare 2 straight on after and you will see what i mean. also it takes nearly a whole assault rifle magazine to kill a single enemy soldier, so if you come across 2 or 3 at a time which you will, you will be lucky to kill just 1 even if they don't see you until you fire at them, which also makes the sniper class pointless i have hit the same person 3 or 4 times without them dying! the game does have good points, big maps lots of players and some decent game modes!
5 AmazingDonneyBoy | 09/02/2010 | See all DonneyBoy's reviews (5)First of all, i decided to take a break from MW2, so i decided to pick up MAG. And i wasn't disappointed! Great graphics considering the size of the map, people actually use teamwork! And campers are acceptable (in certain areas). After the first hour or so of playing it i didn't like it, because i was too used to the whole "SPRINT IN AND KILL EVERYONE" from playing MW 2 too much, but after a couple more hours i got the hang of it and was using strategies to help my team take points.A must have for FPS fans!
5 Cannot wait for thisjnthwaites | 01/12/2009 | See all jnthwaites's reviews (1)Been playing the Beta now about 2 weeks - looks prime, playability is endless and the most important factor is the teamwork. Never experienced this before!Can't wait for the full game to arrive - it's going to be SWEET. Finally a really good online FPS to give us PS3ers something to shout about!


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Exanded Apps have just released "You Can't Always Get What You Want", an "interactive book and audiobook app recounting the memoirs of The Rolling Stone's and The Grateful Dead's manager, Sam Cutler." It includes Cutler's time with the Stones and the Grateful Dead in the late 60's and early 70's, and covers "the infamous concert at Altamont Speedway, where a young man named Meredith Hunter was stabbed to death by a Hells Angel in front of the stage."
The app includes the complete book and audiobook, three 40 minute interviews with the author, and a 20 page photo gallery with "never before published photos of the Stones and the Dead".
The Rolling Stone said of the book, ""[Cutler's] memoir of his time with first the Stones and then the Grateful Dad brings to life hippie-era delights (lots of acid) and an encroaching darkness . . . he unleashes one killer road tale after another."
Be sure to pick "You Can't Always Get What You Want" up if you are a Stones or a Dead fan. And if you can wait til August, it'll be on sale for $5.99 to celebrate Jerry Garcia's birthday.
Released: 2010-04-06 :: Category: Books
Tagged with: grateful dead, rolling stones, Sam Cutler, You Can't Always Get What You Want


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Tested by the Good Housekeeping Research Institute
GE Power Pro X500 Digital Camera
Product Review
About GHRI Ratings
XGood Housekeeping Research Institute (GHRI) ratings are based on laboratory tests conducted by our scientists at the U.S.'s foremost consumer products evaluation laboratory, and incorporate consumer feedback. GHRI is situated on the 29th floor of the Hearst Tower in New York City and is staffed by chemists, engineers, nutritionists, textile specialists, culinary experts, and other scientists.
Using state-of-the-art equipment, GHRI experts test consumer products — from microwaves to mascaras — for their performance, safety, and, with the help of volunteer testers, ease of use.
Established in 1900, before there was a Federal Drug Administration or a Federal Trade Commission, GHRI has always been the most trusted source consumers can rely on to choose products that are safe and effective.
While the much less expensive GE Power Pro X500 is technically a high zoom camera, its 15x optical zoom doesn't go nearly as high as competing models. It's also large and heavy, and felt poorly built. You won't be able to take lots of pictures in quick succession either; we found it took the camera a relatively long time to reset in between shots. On the plus side, the X500 offers good photo quality, plenty of fun scene modes, and face and smile detection. Consumer testers found its simple controls easy to use too. It doesn't come with a standard rechargeable battery, but the camera takes AA's so you'll have the flexibility to swap them out on the go.
Type: Superzoom
Optical Zoom: 15x
GHRI Tested: Digital Cameras
- Canon PowerShot A2200 Digital Camera
- Canon PowerShot A3300 IS Digital Camera
- Canon PowerShot SX230 HS Digital Camera
- Casio TRYX Digital Camera
- Fujifilm FinePix T300 Digital Camera
- Fujifilm FinePix XP30 Digital Camera
- Fujifilm FinePix Z90 Digital Camera
- FUJIFILMFinePix HS20 EXR Digital Camera
- GE Power Pro X500 Digital Camera
- GE Smart J1470S Digital Camera
- HP PW460T Digital Camera
- Kodak EasyShare Max Digital Camera
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- Nikon CoolPix P300 Digital Camera
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Special Offer


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Reviewer: Charles B. Simone, II, MD
Abramson Cancer Center of the University of Pennsylvania
Last Modified: October 31, 2007
Presenter: Silvia C. Formenti, MD
Presenter's Affiliation: New York University Medical Center
Type of Session: Scientific
Materials and Methods
Author's Conclusions
Clinical/Scientific Implications
Partially funded by an unrestricted educational grant from Bristol-Myers Squibb.
Feb 11, 2010 - Whole-breast irradiation spread over fewer days (accelerated, hypofractionated radiation) following breast-conserving surgery for cancer appears non-inferior to standard radiation treatment, according to research published in the Feb. 11 issue of the New England Journal of Medicine. This adds to a study recently released Online First in The Lancet Oncology, which showed that hypofractionated radiotherapy for breast cancer patients may provide a better quality of life with no evidence of an increase in adverse effects.


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Tenshi Nova wrote:Define, 'refined'.
Tenshi Nova wrote:What I'm trying to understand is, are you talking about character interaction? or just the entire average of the content.
rac7d wrote:When the bomb detonated, Battus didn't mind dying anymore, I wonder why.
Anyway I think the game is keep away from gir until bell manages to get a chance to use same to reactivate the bomb. I almost thought it was odd of her to suggest gir, who I wouldn't of considered an advance piece of machinery, unless he's been upgraded.
Collider wrote:Oh, I see. Everything, actually. Sugarbits has long become a very jumbled, contrived mess, and Grim Tales seems to be going wherever the hell Bleedman feels like it should go, as the recent introduction of Chi easily proves. PPGD, on the other hand, always gives me the feeling that its plot is being unraveled by a steady, competent writer, which makes an enormous difference in how I perceive the story.
Cerulean wrote:I agree, this fight is going to be amazing. Here's what I posted in the other thread (for anyone who doesn't post in or read both threads):
Cute page. So either Sam is suicidal (and planning on using her body to reconnect the bomb) or she is planning on using Gir (with Bell planning to use other machines/Sam). Then again (and someone brought this up before), maybe Gir will try fixing the machine himself (he did say that he was analyzing structural disparities, so maybe he is looking for spare parts).
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The Bishop Lady Broncos logged an 11-3 win over Vasquez Saturday at the Lancaster Tournament and a 10-0 shutout of Louisville in an impromptu scrimmage. The Broncos got to Lancaster two hours before their first scheduled game against Vasquez to find that their second opponent, Desert Christian, was a no show, leaving the Louisville Royals from Woodland Hills idle. Bishop volunteered to play Louisville in a scrimmage format, then donated pitcher Megan Erwin when the RoyalsŌĆÖ pitcher suffered arm problems during warm up. Erwin and Kellie Tiner rotated between teams for six innings of play.
When is a split doubleheader a good thing? When itŌĆÖs the Bishop Broncos baseball team up against the Burroughs Burros in Ridgecrest. Bishop beat Burroughs Saturday 3-1, then lost the second game 0-1 in what is usually a humbling test for the Broncos in pre-league. ŌĆ£This is the best weŌĆÖve played all season,ŌĆØ said coach Tim Reid. Curran Simpson saved the win with a diving out at second base. ŌĆ£Keith Tatum (BroncoŌĆÖs catcher) had an awesome game one,ŌĆØ said Reid, ŌĆ£not only on his calls to Scott but he threw two outs on stolen base attempts.ŌĆØ
The Baker Valley Braves were no match for the Big Pine Warriors in either baseball or softball doubleheaders Friday afternoon. By the time the dust had cleared, the Warriors had clobbered the Braves 10-2 and 11-0. The Lady Warriors overpowered the Lady Braves 19-2 and 22-2. To the BravesŌĆÖ credit, this is the first time since the late 1980s Baker Valley has fielded a softball team. With a bench of 20, the team has no where to go but up.
The match-up of the Bishop Broncos and Lone Pine Golden Eagles baseball teams Tuesday afternoon wasnŌĆÖt exactly the exhilarating cross-county contest anticipated. The Broncos whooped the Eagles 9-2. The Eagles kept it close until the bottom of the fifth inning when Bishop went on a 5-run tear. This yearŌĆÖs Bishop team is, basically, the same team that went to the CIF semifinals in 2011; the most notable missing body being Aaron Puls who turned into the home run king toward the end of the season.
The Big Pine Warriors were the only Owens Valley baseball team to survive the Yerington Tournament last weekend with a perfect 4-0 record. To date, the Warriors are 4-0 on the road and 0-2 at home. Coming off the tournament, Big Pine faced the Coleville Wolves at home Tuesday afternoon and lost by a nose, 7-8, in extra innings. The Warriors had to fight back from a 0-4 deficit, pulling even in the fourth inning and securing the lead in the fifth. The Wolves answered with the tying run in the seventh and the winning run in the ninth.
The Big Pine Lady Warriors softball squadŌĆÖs last series of games has been the antithesis of their baseball counterparts with a winless Yerington tournament, then a runaway win over the Coleville Lady Wolves Tuesday. But first, the good news. The Warriors walked their way to a 23-6 win over Coleville. With a total of 27 walks and four hit batters, the Warriors definitely made lemonade out of lemons; the 23 runs were scored on only four legitimate hits. The WarriorsŌĆÖ pitcher, Trisha Fortney, went all seven innings with 4 hits, 4 strikeouts and 12 walks.
The Lone Pine Golden Eagles whooped the Trona Tornadoes at home, March 7, then traveled to Trona and did the same Monday afternoon. The softball Lady Eagles won 11-3; the baseball Eagles won 13-3. Samantha Riesen struck out the first three batters of the game, setting the tone for the EaglesŌĆÖ defense. Deserae Coats finished off on the mound with two strikeouts and a strong defense behind her. ŌĆ£Rachel Martin made a nice double play at second,ŌĆØ said coach Liz Jones.
The Lady Broncos JV softball squad went 2-1-1 at last weekendŌĆÖs Yerington Tournament. The wins were routs with huge margins of 16-2 and 19-6 Bishop tied Lee Vining, 2-2 and was behind in its final game with Yerington when it was called at the tourney time limit. ŌĆ£The tournament really helped the girls to gain experience and get ready for league play,ŌĆØ said coach Patty Cummings. ŌĆ£It gave us a chance to see all the girlsŌĆÖ strengths so we can put them together to make winning combinations.ŌĆØ
Lone PineŌĆÖs Seth Gilmore has been signed by Miles Community College baseball team. The Montana collegeŌĆÖs head baseball coach, Jeff Brabant, announced the signing of shortstop Gilmore, currently a resident of Powell, Wyo., to a National Letter-of-Intent for the 2012-13 school year. Gilmore can play either position on the left side of the infield as he earned All-State honors for the Powell Pioneers in his first season after moving to Wyoming from Lone Pine. ŌĆ£We will graduate our left side of the infield so we expect Seth to come in and compete for a spot,ŌĆØ said Brabant.
Bishop hosted the Califonia City Ravens at the first track meet of the season Thursday afternoon. The Lady Broncos took the meet win, 81-60. The Broncos lost 48-82. Coach Rick Behrendt was pleased with the results, noting that he has only nine returning athletes on his very young teams. That gives Behrendt and the Broncos a lot to look forward to as the underclassmen develop and the returners get back in the groove.


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Catering life's best and brightest occasions in grand style.
Gourmet Celebrations provides full-service catering across Los Angeles and Las Vegas. We specialize in weddings, special events, corporate events, and any kind of occasion. Our Chefs and Event Planners are passionate about creating beautiful, delicious food, and wonderful, satisfying experiences.
If you have an upcoming event please call or email today for your free consultation and sample tasting. You'll learn, see and taste how Gourmet Celebrations sets the standard in Los Angeles catering for freshness, flavor and flawless execution.
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We cater everything from formal dinners to casual picnics; from private weddings and receptions, to corporate lunches, brunches and events for brands like HBO, Google, Symantec, JP Morgan, and Nike. Call us or connect via the form, below.
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We're skilled at every kind of event, from formal fall fests to parties themed around football, tailgaiting and Halloween. Our Special Event Designers and Chefs will help you plan a spectacular event. We'll see to everything, down to the finest detail, so all you have to worry about is savouring your special moments (more)
Order your event before October 31 and save 10%!
Catering to rap royalty: The 2014 BMI Hip Hop Awards
We were honored to cater the 2014 BMI Hip Hop Awards Fri., August 22, at the historic Pantages Theatre in Los Angeles. The thousand-plus musical dignitaries feasted on a delicious, hearty menu that included delectables like Mini Angus Burgers, and Fried Green Tomatoes with Buttermilk Dipping Sauce… (more)
Meetings, lunches and brunches go better with our new Corporate Catering Menu.
Work's about to get a whole lot tastier: Our new Corporate Catering Menu has arrived, filled with delicious snacks, breakfast items, lunches, soups and more. Much more, like a hearty choice of our Signature Dishes, including our mouth-watering Asian Chicken Salad and Banana Chocolate-Chip Bread Pudding. You can savor our menu online here.
We're a full service caterer & event planner, serving happiness and joy through fresh, gourmet cuisine and service that sparkles with creativity and elegance.
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If you have a very special event or occasion coming up, you'll be glad to know about Villa Orrizonte Eterno (translation: Eternal Horizons). We're the exclusive planning and catering firm for this stunningly beautiful property, perched on the Malibu shoreline where affords guests glittering, 180º views of the vast Pacific. The 6,000 sq. ft. facility is fully equipped for hosting parties, celebrations, receptions — any sort of occasion that demands a one-of-a-kind luxury setting. If you're interested in holding an event at Villa Orrizonte Eterno, please contact Karla Campos, CSEP, at (310) 254.7705 Serious inquiries only, please.
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HerScoop > Blog posts > Entertainment > Celebrity Moms > Happy in Hollywood: 5 Perfectly Matched Pairs > congrats-to-jennifer-garner-ben-affleck-do-you-like-the-name-samuel-garner
Happy in Hollywood: 5 Perfectly Matched Pairs
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Craig Stiemsma
Head Coach
Craig Stiemsma started coaching the Dordt women's team in 2007-08 and has an 87-93 record in six seasons. The Defenders have won a GPAC playoff game in four of the six seasons Stiemsma has been coaching. His 2009-10 team won 19 games, matching the highest single season win total in program history.
Prior to his women's basketball appointment, Stiemsma coached the Dordt College men's soccer team to a 38-36-1 record in four years and two berths in the NAIA regional tournaments.
Stiemsma has extensive experience working at several basketball camps in the Midwest and serving as a guest clinician and speaker on several occasions. Prior to coaching at Dordt College Stiemsma coached several sports at Western Christian in Hull, Iowa, while teaching at the school. He coached the Western girls basketball team to a state tournament berth in 2000.
Stiemsma is also currently the health and human performance department chair. He earned a doctorate from the University of South Dakota in 2010.