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Oh boy, the 21st of December is the end of the world. Again. I think in this case, we can be pretty sure that it is not going to happen. Apparently there were errors in the way that the calculations were done with the Gregorian calendar meaning we probably should already have disappeared.
Data can be quite misleading, as can selective interpretation. It happens all over the place, including on the shop-floor. Systems that collect data can be easily misinterpreted. Sometimes it is accidental, a genuine misunderstanding, or perhaps a case where the data or understanding of the data is not explicit enough. In other cases, the meaning of the data can be manipulated to fit or show a particular pattern from which a story can be told.
The stories about the end of the world have not affected me. I don't believe them, irrespective of where they come from. We see reports however where people do believe, and make huge changes in their lives as part of the preparation. The damage to such people's lives is incalculable. The shop-floor by comparison is not going to seem so "life or death", but relatively equal damage can be done.
I have heard in my experience so many comments about "flavour of the month" where the focus is on a particular topic that is felt to be important, to the exclusion of all else. A month later, a different flavour. What happened as a result of last month? Sure, some numbers improved. Some other, perhaps ignored numbers, got worse. The flavour changes. Was there really an overall benefit? A year from now, the changes fade away. It is very frustrating. Data can lead us down so many incorrect routes.
As with the "end of the world", people are looking for the "truth". My own area of expertise is the shop-floor, so I can only comment on that. We need to understand the whole picture, how things relate to other things, how things combine to create challenges or opportunities. We need to define what control is, what is in control, and what is out of control. We need to be alerted when things go out of control, and take timely controlled action. We certainly don't need a dramatic off the wall interpretation of isolated data to kill us all off.
This is a large part of the value of reporting from an integrated system such as our Valor product in that the complete visibility of all aspects of the operation is available. No more flavours of the month, no more crazy end of the work scenarios please…….


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In 2005 Alan, Pat, Gwilym & Catrin Davey moved from North East Wales to Bordeaux. Alan is a pastor and Pat was a nurse. Now we work with UFM worldwide. Read on! (If you'd like to know what took us to Bordeaux, then start with the archives from September 2004)
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Small Turtle Nuchal Scute Fossil
Nuchual Scute Fossil
11,000 - 1.8 million years old
Pleistocene period
Florida river deposits
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Display your favorite images on the lid of this beautiful gift box. Store earrings or your favorite necklace in this small gift box. Made of wood and secured with a magnetized lid.
Box Diameter: 2 inches
Box Height: 1 inch
Box Weight: 1.25 ounces


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From the Manufacturer's Label:
Stimulates Energy Production**
Grown Organically without Chemicals
Mangosteen is a tropical fruit that originates from East Asia. One of its biggest advantages is the presence of antioxidants to help strengthen the body's immune system. A natural source of Fiber, Potassium, Calcium, Vitamin B1, Vitamin B2, Iron, Vitamin C and Vitamin B6.**


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. \ �, l� ' 11 [ College News Z-615 VOL. XXVI, No. 1 BRYN MAWR and WAYNE, PA., WEDNESDAY, OCTOBER 11, 1939 PRICE 10 CENTS Single Drive Planned for All Activities If Goal of #4500 Reached fjJo Further Requests To be Made UNDERGRAD ASS'N ASKS HELP OF ALL The various money-raising cam- paigns, which have been the bane of every undergraduate's life for years, are now to be combined into one big drive, lasting from Oc- tober 12th to the 20th. The money collected, if the drive is a success, will satisfy all the needs of the Bryn Mawr League, including the Camp, the Bryn Mawr Summer School, the Peace Council, and the Players' Club. If the required funds are raised for the latter, the campus will be able to come free of charge to Players' Club activi- JiSf throughout this year. If the goal of $4500 is reached, there will be no need of benefits or Poverty Dinners, and it is well to remember that, because of the war, the demand this year for refugee assistance and Red Cross work will be greater than ever before. The Peace Council estimates that at least five groups will ask for funds. The success of this whole pro- ject depends on the co-operation of every individual on the campus. If each student contributes $1.50 per Pay Day, it will mean that the college as" a whole will be freed from the burden of a steadily in- CSitlnued on Page Six 160 Favor Repeal of Arms Embargo Bryn Mawr's answers to a Na- tional College Poll on Neutrality showed general opposition to the entrance of this country into the European war and substantial sup- port for repeal of the Arms Em- bargo. In the questions concern- ing our entrance into the war, there was an almost unanimous desire to fight if the United States proper should be attacked. Under the other four conditions, however, there was a slight majority (362 to 359) expressing the desire to remain out of war. 1. Under present conditions, should the United States enter the European war as an active fighting force? Yes 5; No 221. 2. // Germany is defeated in the war, do you think the spread of the totalitarian form of govern- ment will be prevented? Yes 82; No 133. Many stated the answer to this depended on the wisdom of the final treaty. One believed that if the totalitarian form were not com- pletely stopped such a defeat would at least be a strong check and would force such states to take recognition of the strong position of the democracies. Another voted "Wo because in defeating Germany some of the allies would probably have governments of a totalitarian nature before the war ended. An- other reason given for voting no was. that there will always be Caesars. "3*. Vnder present conitiona,' should the United States sell mu- nitions on a cash basis to any bel- ligerent nations who can call for the items in their own ships? Ye� 160; No 59. Some took a third stand and said they favored a return to In- ternational Law. Ceatlnued en P�*� Four Campus Alterations Discussed in Chapel Faculty Additions Announced In First Address of Year By Miss Park Goodhart Hall, Oct. S.�In the address opening the 55th academic year of Bryn Mawr College, Miss Park announced the changes in the faculty, the graduate and the un- dergraduate schools, and discussed the buildmg-crojects of the Library wing and the Theatre Workshop. This year sees five new appoint- ments to the faculty and greatly enlarged graduate and undergradu- ate schools. Work on the,Library wing and the Theatre Workshop have been begun. Another mate- rial addition to the campus~will ap- pear in the spring with the flower- ing of 5,000 narcissus bulbs given to the college by Margaret vHess de Graaf, '28. These will be planted all over the campus and Wyndham, and may be picked as well as ad- mired, i Five new appointments to the faculty have been made, three of them announced last spring: Mr. Soper, Associate Professor of His- tory of Art, Mr. Miller, Assistant Professor of American History, and Mr. Oxtoby, Assistant Profes- sor of Mathematics. Miss Fran- coise Laurent, Licenciee of the E c o 1 e Normale Superieure de Sevres has been appointed as In- structor in French in the absence of M. Guiton, who has been called to service in the French army. The fifth appointment fs that of Miss Charlotte Colin as head of the Ger- man House, to replace Mrs. Frank, who resigned her position during the summer. Beside M. Guiton, other faculty lembers will be absent during the I year: Mr. Chew, who is wqrking on his new book and who will return for the second semester, and Mr. Carpenter, who will be professor in charge^of the Classical School in Rome for tha year. Miss Park an- nounced the appointment of Kath- arine McBridc, A.B. and Ph.D. Continued on Page Three MISS PARK STATES REASON AS FOREMOST NEED TODAY REFUGEES AT HOME Emotional Impetus Must Be Good Will German Group: Virginia King, Martha DeWitt, Helen Mclntosh French Group: Julie Follansbee, Virginia Sherwood Edinburgh: Helen, Sobol Itinerant Faculty Returns to College Summer Travels, Sabbaticals Uncurtailed by European Situation In spite of the tension across the Atlantic, quite a number of the faculty spent part or all of .heirv summers abroad. Mr. Fen- wick was directly connected with eleventh hour work on the part of the International Peace Campaign. He went over primarily as eco- nomic and legal adviser for a con- ference in Geneva, held Under the auspices of the Council of Churches of Christ of the United States; in addition, he addressed meetings in London, Paris, Geneva, Stockholm, and the Hague. During this ex- tended tour Mr. Fenwick was able to study the European state, of mind in some detail, and is elo- �� Continued on Page Three Katharine McBride Appointed To Dean's Post at Radcliffe In her speech at the opening Chapel, Miss Park announced the appointment of Kathe'rine McBride, A-.B. and Ph.D. Bryn Mawr, and Associate Professor of Education and Psychology, as Dean of Rad- cliffe College, the appointment to take effect in September 1940. "Miss McBride is a distinguished scholar, collaborator with the late Dr. Theodore Weisenburg of the Medical Faculty of the University of Pennsylvania in two standard books on Aphasia and on Adult In- telligence," said Miss Park. "She will go nextyear to one of the most interesting academic positions a woman can hold and I think I speak for us all in saying we are in a confused state of pride, confidence, good wishes and tears." Miss McBride expects that her new position will offer great oppor- tunity for continuance of her work in educational psychology. Al- though she does not actively ar- range the college curriculum, since all the courses given are provided by Harvard University, she is in charge of placing students in their classes. She will be free to give attention to problems of individual students. Radcliffe is anxious that she also carry on her independent investigation of brain alterations and injuries due to accidents, which she has been doing at the Union Hospital in Philadelphia. , Radcliffe h*as an enrollment of about 760 students, almost half of whom are non-resident. This, added to the already interesting at- mosphere of Cambridge, gives the college a university flavor. But in spite of the many attractions which Radcliff* offers, Miss McBride in- tends to return often to Bryn Mawr as a devoted alumna. Crisis Interrupts Junior Year Abroad Refugee Students Jam Liners In Last Minute Evacuation Of Americans By Virginia Sherwood, '41 The refugees at Bryn Mawr seem to fall, roughly, into two cate- gories. There are those whose summer vacations were brought to a somewhat precipitous and nerve- wracking end: they were trailed by U-boats, lived in ther life-jackets, slept in palm lounges, or almost took the Athenia. Then there are those who were obliged to cut short a year of study,and either squeeze themselves into whatever available boat space could be procured for them, or sit disconsolately upon these shores, watching their boat steam off towards Europe. The problem confronting the di- rectors of the German Foreign Study Group was merely to liqui- date all plans and cancel all pas- sages. Virginia King and Martha DeWitt never sailed, but Helen Mc- lntosh was already in England, and had to arrange her own pas- sage back. Helen Sobol, who had intended to go to the University Continued on Page Five WELCOMERS FADE AS 164 FRESHMEN HIT BRYN MAWR Freshman Week this year turned out far better for the freshmen than for the Welcoming Commit- tee. The committee was off to a bad start as early as Tuesday night when two seniors, mournfully descending from the train were greeted by the taxi-driver, "Ship- ley?" There and then they realized that preserving their dignity would be a losing game. On Thursday the freshmen, 166 strong arrived. The committee turned pale. It was soon to be seen that this was an extraordinary class. They didn't make the usual errors, and Mr. Steele was chagrined when he learned that two studentay^jltel- ready mastered Arthur JBr rat. In honor of this occasion, �t was decided that the freshmen could go to a square dance with Haver- ford freshmen instead of with their Student Advisers, a definite sign of freshman precocity. The upperclassmen tried a policy Continued on Page Two \ Goodhart Hall, October 3�In her opening address of the college year, President Park stressed the importance of the method of rea- son in approaching world problems today. Through the study and practice of this method, said Miss Park, we can add our strength to that of the active defenders of civilization and face both the real- ity of our campus world and an outside world engulfed in war. "Reason," Miss Park pointed out, "is an advanced process to which the human being turns with effort, often not forwarded by the impulse of emotion." A kind of rood will is essential to reason when it is used in arbitration be- tween disagreeing powers or indi- viduals. Should this good will pro- vide the rational method with an emotional impetus; should it rise "to a passion for justice and mercy; it can add shrewdness to our initiative and boldness to our attack, can perhaps beyond all ex- pectation, forward the use of that rarely used, so effective human tool, the method of reason." Hatred and fear, on the other hand, are the emotions which for- ward the use of force. Force is Continued on Page Six 60 \b orkers Attend New Summer School About 60 students attended the Bryn Mawr Summer School during its first year at West Park, N. Y. Most of the girls were American born, but a Swedish leather work- er and two English workers attended. All three contributed information about the labor con- ditions in their own countries. The campus consists of two private estates, one belonging to Miss Hilda Smith, former Dean of Bryn Mawr, and another estate a short way from it. Unfortunately, the intervening property belongs to a conservative landowner who forbade the students to cross his land, compelling them to skirt his property in going from one half of the campus to the other. He also placed anti-labor posters on his estate for those brave enough to attempt to cross it. The resi- dents of the surrounding com- munity were also wary of the school, but the workers won them over by inviting them to an open house party, and by explaining their ideas and the purposes of the school in a "living newspaper" play. The principal courses in the cur- riculum were English, economics, and the sciences. The economics professors we�e all college instruc- tors, among them Miss Mildred Fairchild from Bryn Mawr. The English teachers, however, had previously taught in high schools. Continued on Page Fiver COLLEGE CAXENDAR Saturday, October 19. � Undergraduate and M.A. French Language Examina- tions. Sunday, October IS.�Rev- erend T. Guthrie Speers, Chapel, Music Room, 7.30. Tuesday, October 17.�Cur- rent Events, Mr. Fenwick, Common Room, 7.30. > \
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Classic Pen Co.: Developing an ABC Model, Portuguese Version
Robert S. Kaplan
Revision Date:Sep 17, 1998Publication Date:Apr 10, 1998Discipline:AccountingSource:Harvard Business School |
Product number:110P03-PDF-POR Length:5p |
Portuguese PDF
Also Available in:
Portuguese PDF | $ 6.93
Classic Pen has diversified from its core blue and black pen business by introducing new specialized colors. But costs have risen and margins on blue and black pens are decreasing. The controller turns to activity-based costing (ABC) for an explanation.
learning objective:
To illustrate the rationale for and application of activity-based costing (ABC) through a simple numerical exercise, based on the Cooper/Kaplan pen factory example.
subjects covered:
Activity-based costing; Cost accounting; Cost analysis; Costing; Management; Management accounting; Manufacturing; Operating costs; Production; Products
- Industry: Manufacturing


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Well duh, amirite?! Not necessarily the way you might think though. Sure we like visual stimulus and we stare at your body (not your eyes) during intercourse. Porn is also a popular venue as well, for getting in the mood. Women are also reporting that they too enjoy this venue but usually not the same genre as men. We are different afterall, even among our gender. What works for one might not necessarily work for another.
Well what about that other tool for visualization? You know, the one we used before movies and pictures? Yes, your noodle. No no no, not that one you perv, your brain. What better way to get that thing working than by reading erotic literature? Yes, words and stuff that don't rhyme. In my own personal experience it can be far more effective, for far longer than watching the same boring predictable porno's. Erotic literature is like a program, for your brain.
Sure the events are detailed but you decide what the characters ultimately look like. The sound of their gasps and moans, to the sometimes cheesey lines or other dialogue. In other words, the entire "scene" is all on the big projector in your head. So if you haven't considered it but are tired of looking to spice things up in your otherwise dull sex life, I'd recommend giving this a try. If you're not seeing anyone at the moment, try it anyway.


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Tag: daredevil
Showing results 282-321 of 395
Waid, Rivera & Martin Give the "Daredevil" His Due
In July, Marvel's Man Without Fear returns in "Daredevil" #1 by Mark Waid, Paolo Rivera and Marcos Martin. Marvel has provided CBR News with an exclusive preview of the issue and we spoke with Waid and Rivera about it.
Comic Book Legends Revealed!
Discover the rather sordid history of how DC Comics forced changes on how Lois Lane appeared in the Superman comics. Did Howard the Duck make a dent in the 1976 Presidential race? Plus, more!
Superman, Daredevil, The Dark Knight Rises: Mar 21st Comic Reel
Director Zack Snyder talks "Superman!" Robert Pattinson on "Daredevil" rumors. Joseph Gordon-Levitt's "Dark Knight Rises" role revealed? Also "Captain America" reshoots and more.
C2E2: Liss Summons the "Storm Hunter"
Writer David Liss and artist Jefte Paolo kick off "Storm Hunter" in the pages of "Black Panther: The Man Without Fear" this summer. CBR News spoke with Liss about pitting T'Challa against Kraven.
C2E2: Waid Brings "Daredevil" Back to New York
In July's "Daredevil" #1 by writer Mark Waid and artists Paolo Rivera and Marcos Martin, Matt Murdock returns home to resume his career as a super hero and a lawyer. CBR spoke with Waid about the series.
Superman, The Wolverine, Daredevil: Mar 17th Comic Reel
Director Zack Snyder confirms "Superman" reboot! "The Wolverine" looks for additional cast! Robert Pattinson for "Daredevil?" Also, new "Thor" images, a "Wonder Woman" set visit and more.
New "Daredevil" Creative Team Revealed at C2E2
Marvel has released a teaser image for the all-new "Daredevil" ongoing series promising the announcement of a brand new creative team at the helm. Marvel plans to reveal more during C2E2.
Daredevil, Men in Black III, X-Men: First Class: Mar 16th Comic Reel
"Daredevil" captures a director! "Men in Black III" loses a Baldwin! Russia gets an epic "X-Men: First Class" trailer! Also, new stills from "Priest," "The Sandman" is still awake, and more.
David Slade To Direct New "Daredevil"
The director behind "30 Days of Night" and "Twilight Saga: Eclipse" has been tapped by 20th Century Fox to resurrect Marvel Comics' "Daredevil" on screen in a film that's not quite a follow up to Ben Affleck's 2003 flick.
You Decide - Best Marvel Comics run of the 1980s!
In the latest of CSBG's month-long series of polls, we want to know what you think was the best Marvel comics run of the 1980s! Byrne's FF? Miller's Daredevil? Claremont/Byrne X-Men? Come here to decide!
Marvel Announces Big Shots Initiative
Daredevil and the Punisher join the already-announced Moon Knight title as part of Marvel Comics' new Big Shots initiative which will match up characters with "A-list talent" for new, ongoing series.
When Words Collide - 2/14/2011
Tim and Ryan K. Lindsay conclude their month-long exploration into the major runs that have made "Daredevil" so special, or not-so-special, in the pre-Marvel Knights era. This week: Nocenti, Chichester and more.
Marvel Comics on Sale February 16, 2011
Courtesy of Marvel, CBR brings you advance looks at new comics on sale next Wednesday including "Daredevil: Reborn" #2, "Hawkeye: Blindspot" #1, "Marvel Girl" #1, "Silver Surfer" #1 and more.
When Words Collide - 1/25/2011
Tim begins a lengthy look at Daredevil with the help of CBR reviewer Ryan K. Lindsay. From Stan Lee to Ann Nocenti and Ed Brubaker, they discuss the essentials of the Man Without Fear in "The Daredevil Dialogues."
Liss Reigns in Hell's Kitchen
"Black Panther: Man Without Fear" #514 hits stores this week and CBR spoke with writer David Liss about what fans can expect now that former king T'Challa has the neighborhood under his protection.
Marvel Comics On Sale January 12, 2011
Courtesy of Marvel, CBR brings you advance looks at new comics on sale next Wednesday including "Black Panther: Man Without Fear" #514, "Deadpool" #31, "Thor the Mighty Avenger" #8 and many more.
EXCLUSIVE PREVIEW: "Daredevil: Reborn" #1
Courtesy of Marvel Comics, CBR presents an exclusive preview of "Daredevil: Reborn" #1 by writer Andy Diggle and artist Davide Gianfelice. The series, featuring covers by Jock, kicks off Wednesday, January 12.
Diggle Dares Matt Murdock to be Reborn
With "Shadowland" in his past, what comes next for the Man Without Fear? We spoke with writer Andy Diggle about the climax of his Daredevil epic and his follow up miniseries, January's "Daredevil: Reborn."
REVIEW: "Shadowland: After the Fall"
James Hunt gave "Shadowland: After the Fall" 3.5 stars, calling the one-shot, by Antony Johnston and Roberto De La Torre "ultimately a better read than 'Daredevil' #512...a more reflective coda to 'Shadowland.'"
EXCLUSIVE PREVIEW: "Shadowland: After the Fall"
Courtesy of Marvel Comics, CBR presents an exclusive preview of "Shadowland: After the Fall." Written by Antony Johnston with art by Marco Checchetto and Roberto De La Torre, the issue hits December 12.
Tan (Variant) Covers "Shadowland" #5
Marvel has unveiled Billy Tan's hellfired-up variant cover for "Shadowland" #5, the final chapter in the current Daredevil event by writer Andy Diggle with Tan on art. The saga concludes Wednesday, November 24.
ADVANCE PREVIEW: "Daredevil" #512
Marvel Comics has released an advance look at "Daredevil" #512, the series' epilogue to "Shadowland" by writer Andy Diggle and artist Roberto De la Torre. An era ends on Wednesday, November 24.
Bell's "Fire & Water" Honors Bill Everett
Biographer Blake Bell's latest book is an engrossing look at Golden Age artist, Bill Everett, creator of the Sub-Mariner and co-creator of Daredevil. CBR spoke with Bell about the new book and its origins.
Marvel Comics On Sale October 20, 2010
Courtesy of Marvel, CBR brings you advance looks at new comics on sale next Wednesday including "Carnage" #1, "Chaos War" #2, "Daredevil" #511, "Hulk" #26, "Loki" #1, "New Mutants" #18 and more.
ADVANCE PREVIEW: "Shadowland" #4
Marvel Comics has released an advance look at "Shadowland" #4 by writer Andy Diggle and artist Billy Tan with covers by Tan and John Cassaday. The final battle for Daredevil's soul begins on October 13!
MARVEL T&A: The Event Debate
Comments and criticisms, ideas and suggestions and more poured in from CBR's readers over Marvel's events, so Tom Brevoort and Axel Alonso respond to the idea of event overload while sharing tons of exclusive artwork.
Liss Sends T'Challa to Hell's Kitchen
We spoke with incoming writer David Liss about his plans when "Daredevil" becomes "Black Panther: The Man Without Fear" and finds T'Challa, the former Black Panther, taking over the role as protector of Hell's Kitchen.
ADVANCE PREVIEW: "Black Panther: The Man Without Fear" #513
Marvel has released an advance look at David Liss and Francesco Francavilla's "Black Panther: The Man Without Fear" #513, featuring a cover by Simone Bianchi. The issue hits in December, 2010.
Huston Calls Bullseye to the Mound
The assassin Bullseye is known for his wicked throwing arm and in "Bullseye: Perfect Game," he'll give it a workout as he infiltrates the world of Major League Baseball. Charlie Huston spoke with us about the book.
POLL: What Do you Think Of The New Man Without Fear?
After a series of red herring teasers, Marvel announced that the Black Panther would take on the job of the hero of Hell's Kitchen. Let us know how who you would have chosen to fill the role!
Black Panther Becomes "Man Without Fear"
In the wake of "Shadowland" and the end of their monthly "Daredevil" title, Marvel Comics has announced that the King of Wakanda will take up the role of the Man Without Fear in a new series, and ROBOT 6 has the details.
REVIEW: "Daredevil" #510
Ryan K. Lindsay has reviewed "Daredevil" #510 and gives Andy Diggle, Antony Johnston and Marco Cecchetto;s latest "Shadowland" chapter 3.5 stars, saying "this issue holds enough to make it more than worth buying."
Daredevil Is Reborn In 2011
Daredevil's title may be canceled, in the wake of "Shadowland," but the Man Without Fear will be "Reborn" come January 2011 according to a pair of Jock-illustrated teaser images released this afternoon by Marvel.
EXCLUSIVE PREVIEW: "Shadowland: Ghost Rider" #1
Courtesy of Marvel Comics, CBR presents an exclusive preview of "Shadowland: Ghost Rider" #1. Written by Rob Williams with art by Clayton Crain, the Spirit of Vengeance roars into stores September 15.
Marvel Comics On Sale September 9, 2010
Courtesy of Marvel, CBR brings you advance looks at new comics on sale next Thursday including "Amazing Spider-Man" #641 & #642, "Daredevil" #510 , "New Avengers" #4, "Thor" #614, "X-Men" #3 and more!
THE UNUSUAL SUSPECTS: Ghost Rider, Colleen Wing, Moon Knight
In our latest installment of THE UNUSUAL SUSPECTS, Marvel writers Gregg Hurwitz, Rob Williams and Jason Henderson write exclusive police reports on three of "Shadowlands" most wanted characters.
Diggle illuminates "Shadowland"
With the crossover event "Shadowland" currently shaking up the streets of the Marvel Universe, CBR News speaks with the writer and "Daredevil" co-writer Andy Diggle about his plans for the Man Without Fear.
FAN EXPO: Friendly Neighborhood Shadowland
Spider-Man and "Shadowland" got equal billing at Marvel's Saturday panel at Fan Expo Canada, where the publisher announced "Daredevil: Reborn" for January and hinted again that Gambit is the new Man Without Fear.
ADVANCE PREVIEW: "Shadowland" Blood on the Streets" #2
Marvel has released an advance look at "Shadowland: Blood on the Streets" #2 by Antony Johnston and Wellington Alves with a cover by Francesco Mattina." The issue hits stores September 8.
Marvel T&A: Daredevil Endings and Disney Beginnings
Tom Brevoort & Axel Alonso return to T&A to talk TRON/Marvel U variants, explain the end of "Daredevil," relaunch Doctor Bong, make monster sex tasteful and share loads of exclusive art from across the Marvel U!
Archives: All | Comic Books | TV/Film | Video Games | Web Comics


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Common peroneal nerve dysfunction is damage to the peroneal nerve leading to loss of movement or sensation in the foot and leg.
Neuropathy - common peroneal nerve; Peroneal nerve injury; Peroneal nerve palsy
The peroneal nerve is a branch of the sciatic nerve, which supplies movement and sensation to the lower leg, foot and toes. Common peroneal nerve dysfunction is a type of peripheral neuropathy (damage to nerves outside the brain or spinal cord). This condition can affect people of any age.
Dysfunction of a single nerve, such as the common peroneal nerve, is called a mononeuropathy . Mononeuropathy means the nerve damage occurred in one area. However, certain body-wide conditions may also cause single nerve injuries.
Damage to the nerve destroys the myelin sheath that covers the axon (branch of the nerve cell). Or it may destroy the whole nerve cell. There is a loss of feeling, muscle control, muscle tone, and eventual loss of muscle mass because the nerves aren't stimulating the muscles.
Common causes of damage to the peroneal nerve include the following:
Common peroneal nerve injury is more common in people:
Charcot-Marie-Tooth disease is an inherited disorder that affects all of the nerves. Peroneal nerve dysfunction occurs early in this disorder.
Examination of the legs may show:
Tests of nerve activity include:
What other tests are done depend on the suspected cause of nerve dysfunction, and the person's symptoms and how they developed. Tests may include blood tests, x-rays and scans.
Treatment aims to improve mobility and independence. Any illness or other cause of the neuropathy should be treated. Padding the knee may prevent further injury by crossing the legs and remind you to not cross your legs.
Corticosteroids injected into the area may reduce swelling and pressure on the nerve in some cases.
You may need surgery if:
Surgery to relieve pressure on the nerve may reduce symptoms if the disorder is caused by pressure on the nerve. Surgery to remove tumors on the nerve may also help.
You may need over-the-counter or prescription pain relievers to control pain. Other medications may be used to reduce pain include gabapentin, carbamazepine, or tricyclic antidepressants such as amitriptyline. Whenever possible, avoid or limit the use of medication to reduce the risk of side effects.
If your pain is severe, a pain specialist can help you explore all options for pain relief.
Physical therapy exercises may help you maintain muscle strength.
Orthopedic devices may improve your ability to walk and prevent contractures . These may include braces, splints , orthopedic shoes, or other equipment.
Vocational counseling, occupational therapy, or similar programs may help you maximize your mobility and independence.
The outcome depends on the cause of the problem. Successfully treating the cause may relieve the dysfunction, although it may take several months for the nerve to grow back.
However, if nerve damage is severe, disability may be permanent. The nerve pain may be very uncomfortable. This disorder does NOT usually shorten a person's expected lifespan.
Call your health care provider if you have symptoms of common peroneal nerve dysfunction.
Avoid putting long-term pressure on the back or side of the knee. Treat injuries to the leg or knee right away.
If a cast, splint, dressing, or other pressure on the lower leg causes a tight feeling or numbness, call your health care provider.
King JC. Peroneal neuropathy. In: Frontera WR, Silver JK, Rizzo TD, eds. Essentials of Physical Medicine and Rehabilitation: Musculoskeletal disorders, pain and rehabilitation. 2nd ed. Philadelphia, Pa: Saunders Elsevier; 2008:chap 66.
Joseph V. Campellone, MD, Department of Neurology, Cooper University Hospital, Camden, NJ. Review provided by VeriMed Healthcare Network. Also reviewed by David Zieve, MD, MHA, Bethanne Black, and the A.D.A.M. Editorial team.
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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text:
quote:I would support finding a replacement owner for Blue if Xenophon still wants to play.
quote:Cwil177, at your team is at least respectable and the only injury is Nani. You seem to do a better job bitching about the sub system, instead of posting your own lineup and recording your scores though.


text:
Thursday, April 1, 2010
Who am I?
25 comments:
- Joe said...
Well I guess that rules out Chip Hoover - I had a feeling it might be him, but we were riding when this was posted.
- April 1, 2010 at 3:32 PM
- dropped said...
smartphone or iphone or schedule time to post. it can still be chippers.
- April 1, 2010 at 5:45 PM
- Andrew said...
definitely not Hoover
- April 1, 2010 at 8:26 PM
- chip said...
Finally got my t-shirt!
1000 MABRA Dr.- Nice. - April 2, 2010 at 4:22 AM
- Tim Rugg said...
It's Chip. Nice gloves at Jeff Cup - they do the trick?
- April 2, 2010 at 5:20 AM
- Bryan Vaughan said...
Ok, here is the second clue to the $100 Who Is You Got Dropped? contest. I checked the domain, yougotdropped.com. It was only registered recently, March 8. So I figured there might be some traffic on the web. I Googled yougotdropped.com. Here is the clue: within the first 4 pages of results, there is a link that will lead you to YGD.
- April 4, 2010 at 8:36 AM
- Bryan Vaughan said...
And the first clue yesterday was that YGD is a MABRA 1/2/3 rider.
- April 4, 2010 at 8:52 AM
- jared said...
Is it true that YGD did NOT race the 1/2/3 at Jeff Cup?
- April 4, 2010 at 3:29 PM
- Bryan Vaughan said...
Ok Dropped, the game is up. You can out yourself on GamJams.net Monday yourself, or I will do it for you on Tuesday with irrefutable evidence. Write a cute expose explaining why you think you were / are the guy for the job to make fun of people dropping out of races or whatever. If you want to keep the blog going, fine. You'll just have to do it with everyone knowing who you are.
- April 4, 2010 at 4:46 PM
- Bryan Vaughan said...
@ Jared, the answer to your question is YES: it is true that YDG did not do the 1/2/3 race at Jeff Cup.
So the 3 clues thus far are:
1) YGD is a MABRA 1/2/3 rider
2) IF you Google yougotdropped.com, there is a link in the first 4 pages of results that can lead you to YGD.
3) YGD did NOT race Jeff Cup 1/2/3
and I'll throw in a 4th clue:
4) The state of Connecticut is very relevant in the link found in the first 4 pages of Google results on yougotdropped.com - April 4, 2010 at 4:49 PM
- Bryan Vaughan said...
A persistent player was able to run down the identity of YGD from my first 4 clues. Nice work and congrats on winning the $100 AMEX gift certificate. We will announce the winner, the identity of YGD and the full evidence trail Tuesday if YGD chooses not to out himself! - April 4, 2010 at 6:19 PM
- jared said...
WSJ? Nope.
NYTimes? Nope.
The Moon? Nope.
But you've still got options.
How about gamjams or the mabra listserv? - April 4, 2010 at 6:46 PM
- fabsroman said...
See, doing stuff like this always comes back to bite you. How does the saying go, "He who laughs last laughs best, hardest, longest, etc".
Can't wait until tomorrow. - April 4, 2010 at 7:51 PM
- KLoCycles said...
So my question is, is YGD the same person who started the blog So Faux Pro????
- April 5, 2010 at 6:36 AM
- KLoCycles said...
And whomever it is has the screen for the ticycle that was used on one of the Church Creek T-shirts that I have. Lacy or Hoover...
- April 5, 2010 at 6:40 AM
- The Chauffeur said...
am i the only one who DOESN'T want YGD outed? he (she?) is fairly amusing, and has become a well-known mabra fixture in a relatively short amount of time. none of his/her posts seem particularly mean-spirited to me*, so why not let YGD stay behind the curtain?
*then again, i may not be the most reliable barometer for this - April 5, 2010 at 6:43 AM
- Kyle Jones said...
I am in the same boat in keeping the identity a secret. Ygd never said he never got dropped but I feel the site is done in a spirit of an inevitible thing that happens in cycling and that is getting dropped. I bet if a poll was done most people would not want the identity to be revealed, takes the fun out of the site, seems like all the riders who get results get picked on then no names.
- April 5, 2010 at 7:23 AM
- Cliff said...
I agree Kyle. I would never have commented if I thought YGD was an a-hole. it's just not that mean. I do think that this (BV's posting above) is more marketing and manipulation to mess with our heads- HAymarket has been implicated before.
I also don't want the fun to be over- part of the fun is the anonymity (sp?) SFP was slightly less friendly as far as I am concerned. Plus, why would these comments remain here? - April 5, 2010 at 7:26 AM
- Bryan Vaughan said...
- April 5, 2010 at 7:34 AM
- dropped said...
We are honored that there is a blog about our blog! We think this is a rather annoying way to be outed but whatever. The only reason we are anonymous is because we think it makes it more fun for everybody, even the dropped riders. If we truly do get outed, we will most likely take this blog down or just concentrate on professional cycling. No more local fun and it will be all Bryan Vaughn's fault. Poo on you Bryan!!!
- April 5, 2010 at 7:46 AM
- KLoCycles said...
I think it is fun to guess, no harm in guessing right! Just curious if you read Bikesnobnyc before you knew who it was and now that you do know, what is different, other than knowing the identity of BSNYC?? BUT I can see if you knew who the identity of YGD how it would kinda suck since the whole premise seems to be anonymity and light hearted.
Hell if you want I could start a blog about the horrors of officiating in the D-20 and call out all the whiners and the most insane things that have happened at races I have officiated, not naming any names of course. But what fun would that be and generally when racers misbehave out on the course they get their asses whipped in the parking lot right ;-0 - April 5, 2010 at 7:57 AM
- hfang said...
So the question is did Bryan figure this out? The other question is who else is feeding you the information about the MABRA riders if you are out of the area? It's been a good laugh. Whether we know who's writing this or not, it's all in good fun and entertainment.
- April 5, 2010 at 8:42 AM
- chuck hutch said...
This is silly. Why do we care who YGD is? I think we should just ride our bikes and occasionally end up here with a funny caption and leave it at that.
- April 5, 2010 at 2:28 PM
- Greg said...
this is the most salient information I find in the first 4 pages of googling yougotdropped.com:
Lloyd Banks Is A Homo!!! - Page 4 - RRT - Real Rap Talk
DAMN BANKS BE SUCKING COCKS - April 5, 2010 at 5:07 PM
- Cliff said...
Lloyd Banks- worst rap name ever. He was the 50 cent spin off act from "G Unit". His debut LP "On fire" was not good by any stretch of the imagination. Even with 50 Cent doing the hook, the song blows. I would be super shocked to find out that Dre or any one from his LA studio group made that beat. They say that Em and Kwame produced it... ugg.
Has anyone forgotten about the silly postings here yet? good. - April 6, 2010 at 12:12 PM


text:
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text:
Welcome to the Java™ Developer's Library (JDL). The library supports devices based on the following platforms:
Java Platform, Micro Edition (Java ME) is the mobile-optimized version of the Java platform and the most widely available runtime on mobile devices. It offers an excellent opportunity to take application ideas to the mass market. To enable application development, Nokia provides software development kits (SDKs) for the Nokia Asha software platform and Series 40 devices that integrate with the most popular Java IDEs. Whether you want to take advantage of Nokia's advanced Java APIs or build applications for the widest range of mobile Java devices, Nokia's support for Java technology is ready to work for you. This library is intended for Java developers creating applications for the Nokia Asha software platform and Series 40 devices. You must have basic Java programming skills to use this library. For design guidelines please see the Nokia Asha Design Guidelines and Series 40 Full Touch Design Guidelines. |
Added Theme API developer's guide.
Added an example that demonstrates how to use the Theme API. For more information, see Theme API - ThemeTest.
Added an example that demonstrates how to use the Webview API. For more information, see Webview API - BrowserItemDemo.
You can now use the Contact API to access social contacts. For more information, refer to the updated Contact API developer's guide.
Added information about Nokia In-App Payment support.
The Nokia Notifications Client API now provides an option to check and update to the latest Notification Enabler. For more information, see Client features. For additional information on how your MIDlet can check and update to the latest version of Notification Enabler, see Updating Notification Enabler.
What do you want to do? |
Begin here |
I want to create my first Java ME application |
I want to familiarize myself with Java ME and its support on Nokia devices |
I want to learn the basics of developing Java ME applications |
I'm already familiar with the basics and want to learn more about developing Java ME applications |
I want to go directly to the Java ME API information |
I want to know the details of the Nokia implementation of the standard APIs |
I want to port my MIDlets to the Nokia Asha software platform (from full touch UI) |
I want to port my MIDlets to the full touch platform |
I want to watch Java training videos |
Visit this page for more information about this library and different formats of the library.
Last updated 25 March 2014


text: Preserved lemons are Morocco's "national anthem of flavor," according to Moroccan-born chef Mourad Lahlou, owner of San Francisco's award-winning Aziza restaurant. Mourad developed our exclusive recipe, which calls for pickling Eureka lemons in a brine of lemon juice, salt and water for 30 days to create a silken texture and distinctive salty-tart flavor. The lemons are a versatile seasoning and provide an immediate boost of flavor to everything from tagines, braises, soups, sauces and vinaigrettes to vegetables, pastas and meats.


text:
quote:I have said since day one he does this through EO. It's coming our only hope is the USSC shooting it down as an over reach.
quote: Part of this will be a ban on private transfers. If an individual wants to sell a gun to another individual, he/she will have to go through an FFL to do the background check. That gun would also be logged into some kind of database.
quote: Seriously, a single sentence about considering executive action on mental health and updating ATF programs equals an Executive Order banning guns? This issue is already losing steam and gun prices have already began falling in the past 2 weeks. Bottom line, nothing of any consequence is coming. History shows very few Presidents have used an Executive Order. Of those, at least two have been overturned by the Supreme Court (a decidedly Conservative institution currently). Even if a law is passed requiring additional programs you can be sure the Republican majority House won't approve the funding to make it happen. Don't believe me? Check out what's happened to Feinstein's positive train control Bill.
quote:Can't do gun control by Executive Order I'm having a hard time figuring out how they (MSM) made the fricking jump from lunatic a-holes shooting kids, and their fricked up degenerate parents, to guns and gun control so quickly. Those kids haven't been in their graves one month yet, but we're talking about banning certain types of guns, most of which haven't been proven to have been used in the most recent shooting. This one has me puzzled.
quote:4. There us already a round limit on magazines in CT.
quote:I see leftys leading the sheep to a slaughter
quote:History shows very few Presidents have used an Executive Order.
quote:can he do executive order on ammunition sales?


text:
It's Time to Move America Beyond Oil
Imagine a world with clean, abundant, affordable energy. One where climate disruption is a fading threat and American soldiers are never again deployed to defend oil fields. One where innovative green industries provide good jobs and supply 100 percent of our energy needs. Imagine a healthier America, with clean air and water, with pristine coasts and protected natural areas. A wealthier, more productive nation, whose leaders answer only to the citizens who elect them. This is America beyond oil.
- • KEYSTONE XL - Watch Executive Director, Michael Brune testifying before the U.S. Senate Committee on Foreign Relations on whether the pipeline is in the national interest
- • ALBERTA CLIPPER - Check out our new report on the Alberta Clipper tar sands pipeline to find out why it is all risk and no reward


text:
- Description
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This product fits a variety of motorcycles. Please select yours so we can find the right part and guarantee fitment. Select A Motorcycle
Sportster 1200 Custom XL1200C : 2005–2010 |
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text:
WL obviously means nothing in ST, but we are destroying teams right and left. A couple of things I'm interested in this year:
-Taveras. I suspect Taveras could make the opening day roster of many teams in baseball and not look foolish in the MLB. But, if he waits until June 1 to make his debut, he is cost-controlled for an extra year. So long as Holliday/Beltran can stay healthy for that long, probably should wait to bring him up, but I think he will be up before September.
-Wong. I've heard he could be up as soon as May, but that's largely because of a lack of confidence at 2B.
-Matt Carpenter. If he can play adequate defense, his bat would be great in the lineup everyday.
-Miller/Rosenthal/Kelly. I think there's a good chance at least 2 are in the rotation by the end of the year.
-Wacha. Molina said yesterday that Wacha is MLB ready today. With less than 12 months of pro ball, that's incredible, even for somebody that played all 4 years in college.


text:
Wound Management
Fact Sheet
Extracorporeal Shock Wave Therapy
Extracorporeal shock wave therapy (ESWT) is a noninvasive modality used to stimulate healing.
Beasts of Burden: Africa's Working Horses and Donkeys
Veterinarians and researchers take a look at cases very different than those seen in developed countries.
Saddle Sore Spots
Saddle and girth sores are common in horses that are ridden with poorly fitting tack.
Photo by The Horse Staff
Extracorporeal Shock Wave Therapy
January 28, 2015
Extracorporeal shock wave therapy (ESWT) is a noninvasive modality used to stimulate healing.... Read More
Beasts of Burden: Africa's Working Horses and Donkeys
December 02, 2014
Veterinarians and researchers take a look at cases very different than those seen in developed countries.... Read More
How to Bandage a Horse's Leg with Vetrap
October 16, 2014
Learn how to properly bandage a wound on a horse's leg using padding and Vetrap with Dr. Isabelle Kilcoyne.... Read More
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August 05, 2014
Of the 989 respondents, 731 (74%) said they have not had a horse injured by a dog. ... Read More
No Serious Equine Injuries Reported after Kentucky Derby
May 05, 2014
However several contenders received treatment for nicks and cuts sustained during the race.... Read More
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May 02, 2014
Saddle and girth sores are common in horses that are ridden with poorly fitting tack.... Read More
Managing Axillary Wounds in Horses
March 25, 2014
Axillary wounds might look minor, but can cause serious problems. Learn how vets manage these wounds.... Read More
Minimizing Wound Complications
March 19, 2014
Wound care is one of those many horse issues where there are as many opinions as there are horse owners. ... Read More
Repairing Equine Eyelid Lacerations
February 03, 2014
Although eyelid lacerations are common, they should be considered surgical emergencies.... Read More
University of Illinois to Host Horseman's Clinic
January 26, 2014
Lecture topics will include exercise intolerance, wound care, hoof care, ophthalmology, and more.... Read More
Does Silver Dressing Improve Equine Leg Wound Healing?
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Honey's all the buzz in natural wound remedies, and according to recent research, it works with horses, too.... Read More
Of Horses and Health Problems
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I'd like to learn more about your equine seniors and the health challenges they face.... Read More
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April 27, 2013
Whether large or small, serious or innocuous, all wounds follow a distinct and complex healing process.... Read More
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Knowing how to manage head injuries allows vets to provide quality care when faced with an ailing horse.... Read More
WVC 2013: Equine Wound Management
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Dr. Bimbo Welker describes how to manage wounds on horses and when to call in a veterinarian. ... Read More
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Penetrating injuries can have serious consequences for horses, but vets are well-versed in handling them.... Read More
Gouges and Gashes: Horse Wounds
July 01, 2012
A number of factors can enhance or derail wound healing.... Read More
Possible Granuloma
June 01, 2012
My 20-year-old Arabian gelding has a hard, bony, fingerlike growth deep in a ... Read More
'Pinch Grafting' for Equine Lower Limb Wounds (AAEP 2011)
April 12, 2012
Vets can perform pinch grafts easily in the field and as successfully as when using other types of grafting.... Read More
Hyperbaric Oxygen Therapy for Horses
April 01, 2012
Hyperbaric oxygen therapy might benefit horses with certain injuries or illnesses; more research is needed.... Read More
Delayed Suturing for Equine Lower Limb Wounds (AAEP 2011)
March 30, 2012
Delayed wound closure involves suturing wounds four to five days after injury. ... Read More
Granulation Tissue Management in the Horse (AAEP 2011)
March 28, 2012
Equine wounds need to be managed carefully to prevent the development of exuberant granulation tissue.... Read More
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February 22, 2012
Manuka honey can be used to promote healing of wounds without the need for a bandage, one researcher said.... Read More
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Possible Granuloma
Q. My 20-year-old Arabian gelding has a hard, bony, fingerlike growth deep in a pectoral (chest) muscle. It doesn't seem to bother him. Could it be an old puncture that encapsulated?


text:
quote:The article that the OP posted is one the "LSU has the greatest and classiest and most knowledgable fans ever" crowd can jack off to.
quote:Let's applaud their starting pitcher when he leaves the game!!! That's the classy thing to do and we are known for it!!
quote:I bet some of our fans will cook for the Brown team this weekend!!!!
quote:But perhaps it was the Stony Brook victory lap that sent me over the edge. That is never, ever, ever, acceptable. Show class, yes, but a victory lap? Absolutely not. That reeks very much of "Hey look at me. Did you see what I did?"
quote:that validates to me that I am not the only a-hole here...
quote:Why is baseball different?
quote:You're butthurt about it because you're approaching it with a football mindset b
quote:Because it's a different sport. You're butthurt about it because you're approaching it with a football mindset b
quote:How come no other team in America, both professional or college, or HS does it?
quote:it's fricking stupid to applaud a good play by the opposition when we are losing or a close game late
quote:It started under Bertman who preached to his players and the fans to "respect the opponent." I do.


text:
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The Template Manager: Styles screen allows you to manage template styles which you can then apply to your Joomla! installation. You can specify the default style to be applied to web pages in the public and administrator interfaces. You can also configure different styles for the various menu item web pages on your site. Styles allow to you have multiple different configurations of a template saved and then apply them on a site-wide or per-page basis.
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You work on one Group at a time by opening the slider for that group. You change the permissions in the Select New Settings drop-down list boxes. The options for each value are Inherited, Allowed, or Denied. The Calculated Setting column shows you the setting in effect. It is either Not Allowed (the default), Allowed, or Denied. Note that the Calculated Setting column is not updated until you press the Save button in the toolbar. To check that the settings are what you want, press the Save button and check the Calculated Settings column.
The default values used here are the ones set in the Global Configuration Permissions Tab
There are two very important points to understand from this screen. The first is to see how the permissions can be inherited from the parent Group. The second is to see how you can control the default permissions by Group and by Action. This provides a lot of flexibility. For example, if you wanted Shop Suppliers to be able to have the ability to create an article about their product, you could just change their Create value to "Allowed". If you wanted to not allow members of Administrator group to delete objects or change their state, you would change their permissions in these columns to Inherited (or Denied). It is also important to understand that the ability to have child groups is completely optional. It allows you to save some time when setting up new groups. However, if you like, you can set up all groups to have Public as the parent and not inherit any permissions from a parent group.
At the top left, above the Filter, you will see the following two links:


text:
That's it from us here at blog central for today. Thanks everyone for reading and posting your comments. Tomorrow will be a big day for earnings.
Here's our evening wrap of today's session.
Moody's says downside risks for the global economy have receded in the past three months, though a number of dangers still remain.
In its latest Global Macro Risk Scenarios report, the ratings agency also said it expected economic growth to be slow in many countries.
"While our central forecasts are little changed, the downside risks have definitely abated over the past three months," said Colin Ellis, Moody's senior vice-president for macro financial analysis.
"However, we still expect a subdued global recovery with sub-trend growth in most advanced economies over the near term, alongside a relatively soft pace of expansion in emerging markets as well."
The ratings agency expects real growth for the G20 of around 2.9 per cent in 2013, followed by 3.3 percent in 2014.
Here's what you need to know this PM:
- The ASX200 ends flat; All Ords briefly topped 5000
- The Nikkei is rallying 2.3%, the Kospi is down 0.15%
- The dollar is buying $US1.0259, 96.35 yen and 76.67 euro cents
- Spot gold is slightly lower at $US1646.91, while WTI crude is at $US96.86
- Wall Street futures are down 0.2%; FTSE100 futures down 0.2%
- The Reserve Bank sells out of Securency
- Business confidence picks up a bit
- Whitehaven soars on Maules Creek approval
- French current account December; exp: -3.5b euros
- ABS Lending finance for December
- Westpac/Melbourne Institute Survey of Consumer Sentiment
- Ansell: $62.96 million
- Boral: $65.75 million
- Commonwealth Bank (cash profit): $3.67 billion
- Computershare: $117.90 million
- Carsales.com: $39.60 million
- CSL: $583.9 million
- Domino's Pizza: $14.87 million
- Leighton Holdings: $385 million
- Oz Minerals: $41.67 million
- Stockland: $238.53 million
- WorleyParsons: $247.05 million
All companies are reporting first-half results, except for Oz Minerals, which is posting second-half (and full-year) earnings. The figures are consensus estimates for net profit (except for CBA), compiled by S&P Capital IQ.
Here's how some of the blue chips performed today:
- Rio: -0.6%
- Westpac: -0.75%
- Woolies: +1%
- Wesfarmers: flat
- Telstra: +0.2%
Commonwealth Bank is expected to post another bumper profit for the first half of the financial year, and shareholders are set to be the big winners.
Analysts expect Australia's largest home lender to post a cash profit of about $3.7 billion for the six months to December 31 when it reports to the market tomorrow morning.
Aside from the profit numbers, investors will be interested in how the bank's customers are faring on loan repayments, and whether CBA's margins on interest rates have improved after reducing rates by less than the central bank.
Some analysts are also expecting the major banks to increase their returns to their shareholders in the near future, as profits rise but demand for loans remains subdued.
''We are increasingly confident in our major bank earnings and dividend forecasts for fiscal 2013, with economic conditions in Australia holding relatively steady despite well publicised headwinds and uncertainty,'' Morningstar analyst David Ellis said in a report on the industry. ''Strong profitability and capital cushions at Australian major banks support a sustainable stream of fully franked dividends.''
CBA's dividends have been on a steady rise since 2009, and it aims to pay out up to 80 per cent of its cash profit to shareholders.
Investors are hoping CBA will lift its dividend. Photo: Quentin Jones
Among the sectors, materials pulled the market down, losing 0.5 per cent, while energy fell 0.4 per cent and financials slipped 0.1 per cent. Buoying the market, consumer staples rose 0.4 per cent, industrials gained 1.4 per cent and telcos added 0.2 per cent.
The market has closed flat, as investors wait for overseas leads and a flood of earnings reports due tomorrow. The benchmark S&P/ASX200 index slipped half a point to 4959.0, while the broader All Ords inched up 1.2 points to 4981.5, after early in the session briefly topping 5000 points.
The Australian dollar resumed its climb against a soggy yen today after a US government official voiced support for Japan's efforts to end stubborn deflation, even while cautioning against deliberate devaluations.
The Aussie, however, drifted to three-month lows on the US dollar and lost ground to the euro, last buying $US1.0248 and 76.5 euro cents.
The dollar surged as far as 96.87 yen in sight of the four-and-a-half year peak of 97.42 set last Tuesday.
It last fetched 96.57 yen, having jumped nearly two yen in 24 hours after US Treasury official Lael Brainard said the United States supported Japanese efforts to end deflation and re-invigorate growth.
Traders took the remark as lessening the risk the US, or other G7 countries, complaining about the falling yen at G20 meeting later this week.
Still, Matthew Johnson, a rate strategist at UBS, believes the Aussie will struggle to hold at these high levels against the yen.
"An Aussie/yen above 95 yen encourages Japanese funds to sell Australian assets and book a nice profit."
Tony Featherstone's blog - The Venture - is thought-provoking stuff today: Come 2025 we could all be teleworking from home, or FIFO-ing to Asia.
Whatever happens, smarter policies are needed to help workers adapt to powerful trends, he writes:
"We need more debate on what the workforce will look like by 2025 and some genuine policy to help get us there. We'll be there before you know it, and by then it will be too late if Australia continues to talk rather than act on these big workforce trends."
The market has managed to hang onto its positive bias today despite earlier strength which took the All Ords above 5000 in quiet trading conditions, says CMC Markets trader Ben Taylor:
- The market seems to be bouncing off high resistance points at these levels. To break through from here we need to see sights of clear earnings momentum.
- Tomorrow's highly anticipated CBA result has the market taking bets on the bank providing a higher dividend amount. The bank touched $65.74 today before drifting back on profit taking.
Australian government bonds will be the only major developed sovereign market to provide capital gains to investors this year as the RBA cuts interest rates, analysts predict.
Benchmark 10-year notes in Australia will rise, pushing yields down from 3.48 per cent today to 3.22 per cent by June 30 before they rebound to 3.43 per cent at year-end, according to the weighted average forecast in a Bloomberg survey.
Societe Generale named Australian bonds among their top 10 assets over the next three years as they offer the highest yields for notes with AAA ratings from the three main credit assessors. Economists predict the Reserve Bank will cut borrowing costs to a record as a resources boom fades.
Yields elsewhere will rise as accelerating global growth and diminishing concern about Europe's debt crisis spurs investors to seek greater returns in riskier assets such as equities.
''In Australia, the economy is likely to remain quite soft over the next few years as the mining investment surge comes to an end,'' says ANZ chief economist Warren Hogan. ''The theme for Aussie bonds is that they should outperform core sovereign markets.''
Amcom Telecommunications has reported half-year net profit of $10 million, a 20 per cent increase from the previous corresponding period on the back of strong demand for data network access from business and government.
It is the 10th year of 20 per cent profit growth for the Perth-based provider of data network access, cloud solutions and managed services. The company is capitalising on the growing data demand from the corporate and government sectors.
''The key driver there is date growth,'' said Amcom's chief executive Stein Clive, '' most large businesses are highly dependent on date networks, connecting to the internet and other offices to drive their information technology across these networks.''
Amcom shares are up 0.7 per cent.
Dolce & Gabbana has become the latest international luxury brand to hit Australian shores, with the Italian fashion house set to open its flagship outlet on the Paris end of Collins Street in Melbourne.
The label, which has been fronted by likes of Scarlett Johansson and Monica Bellucci, is expected to open its doors by the middle of the year in a new high-end retail and food precinct at 171 Collins Street.
D&G will occupy 320 square metres of space at the front and first floor of the heritage-listed Mayfair Building, which is located a few doors up from the Regent Theatre and Westin hotel.
We had NAB's business confidence earlier today, which showed the mood in companies is lifting, albeit slightly. Now Roy Morgan has released the findings of its survey, which reveal a much bigger jump in confidence.
Business confidence in Australia in January increased to 122.5, up 7.7 points from 114.8 in December 2012 and is now at the highest level since April 2011, Roy Morgan says.
This jump is due largely to the fact that more businesses now consider that economic conditions in Australia over the next 12 months will improve, according to Roy Morgan's 'Business Confidence' survey of over 2700 businesses in January.
"Although most industries showed improved confidence in January, it was mining that increased the most and so returning it to the position as the most confident industry," Roy Morgan says.
With business confidence improving, the majority now consider that the next 12 months will be a good time to invest in their business (57%). This is the highest level since December 2011.
One market doing exceptionally well today is Japan, where the Nikkei 225 is rallying more than 2 per cent as the yen traded near the weakest in almost three years after a contender to become the next Bank of Japan governor signalled support for more monetary easing.
''Investors are raising their hopes about what the BOJ will do from here because it has yet to start bold monetary easing,'' says Koichi Kurose, chief economist in Tokyo at Resona Bank. ''I think the Nikkei will climb to 12,000 in March or April.''
Use of plastic cards (credit or debit cards) for purchases has trebled over the past decade to 444 million - but the average purchase on a plastic card hit a record low of $87.13 in December, RBA data shows.
In smoothed terms (annual average) there was no growth in credit card debt in December – the lowest result on record. In the year to November credit card debt had lifted by 0.3 per cent.
While debit card use continues to outpace credit cards, overall, Aussie consumers believe it's a case of 'plastic fantastic', COmmSec chief economist Craig James says:
A record 444 million purchases were made with credit or debit cards in December, up 11 per cent on a year ago. And in line with the more widespread use of cards, the average transaction size continues to fall, hitting a record low of $87.13 in December.
So, Melbourne songwriter Gotye will be lugging three Grammy's back to Australia, and with them comes a bill from the airline for excess baggage. But he's made squillions from that song which is playing everywhere all the time, so it's not a problem for him, right?
Maybe not. BRW has done a back-of-the-envelope sketch on how much he's likely to have pocketed from selling more than 13 million copies of the song and sharing it 374 million viewers on YouTube, and it's not as much as you might think. Turns out being a mega-selling popstar, the darling of the music world, isn't as lucrative as you might think. Read it here. And click on the song below if you think he's been hard done by. It'll earn him a fraction of cent.
As we hit the mid-point of the session, Aussie stocks are back to a breaking even despite a promising start.
The All Ords touched 5000 before losing the gain and now sits at 4983.5, while the ASX200 reached a peak of 4981 but has since slipped to 4970, roughly where it started the day.
Japan's Nikkei has jumped 2.6 per cent, boosted by exporters as the yen weakened after a US Treasury official voiced support for Japan's aggressive policies to combat deflation and bolster growth. The gain comes after Japanese markets were closed for a public holiday.
With finance ministers from the Group of 20 nations scheduled to meet this week, investors betting on a weaker yen were relieved after US Treasury Undersecretary Lael Brainard said the United States supports Japanese efforts to end deflation and reinvigorate growth.
"Her comments gave confidence to the market. It was surprising, and was taken as the Obama administration giving a green light to 'Abenomics'," said Takuya Takahashi, a market analyst at Daiwa Securities.
Head of ForexCT Stephen Dooley says the week-long dive in the Aussie is thanks to the RBA's dovish statement on the rates outlook last week.
''We've fallen from 104.80 US cents to 102.50 cents, a fall of more than 200 points, and it all stems from last week's RBA statement,'' he said.
''They hinted they might cut rates a little more and that's seen the Australian dollar move pretty sharply lower over the last week and a half.''
Mr Dooley said he expected the Australian dollar to drop further over the next week, to 101.70 US cents against the greenback.
''The Australian dollar has been trading in a range - every time it comes down to 101.70 US cents it's a big buying opportunity, and every time it goes up to 106 US cents it's seen as a selling opportunity, and that's a pattern we've been in since July,'' he said.
As the dollar headed downwards, Mr Dooley said there was a possibility it would return to parity with the US dollar later this year.
Another insight into the NAB numbers:
NAB Jan biz confidence rose 1 point to +3. Rate cuts helping. But still subpar. Biz conf avgd +17 this far into past 3 rate cutting cycles
— Shane Oliver (@ShaneOliverAMP) February 12, 2013
UBS economists George Tharanou and Scott Haslem have taken a look at the NAB business confidence numbers and wonder if they contain signs of a turning point in the economy. In a note to clients, they write:
On the positive side, business conditions improved in January from a 3½- year low – a good outcome given still weak PMIs. Business confidence – which tends to lead conditions – also held onto its sharp rebound in December. This may provide an early signal of a 'turning point' in the domestic economy, consistent with our view the RBA will hold rates.
However, inflation pressure moderated even further & labour market indicators remain soft, implying very low CPI ahead, giving the RBA room to ease further if unemployment rises more than expected.
IG Markets market strategist Evan Lucas said Commonwealth Bank had since fallen back from its gain of about 0.8 per cent ahead of its first half profit announcement on Wednesday.
''The main reasons that we've seen that momentum lost is probably looking at CBA,'' Mr Lucas said.
''They did, obviously, open up really, really strongly this morning as they rally into their result tomorrow. They jumped up ... to an all-time high, and they've now dropped back almost to even.''
CBA shares were up 20 cents, or 0.3 per cent, at $65.32.
A comment on the NAB business data:
The #NAB survey does nothing to dispel concerns that the #xjo has rallied too far, too quickly w/o the support of underlying fundamentals
— David Scutt (@David_Scutt) February 12, 2013
The market has lost some of its early strength as miners fall into the red.
"Investors are pretty much focused on local events and we have seen good profit results so far this week, (and) there's a lot of hope that what we see from the other big names later this week will also be quite strong," says Juliette Saly, stock market analyst at Commonwealth Securities.
CBA shares seemes unstoppable this morning, rising as much as 1 per cent, which took the bank's market cap above $105 billion. Shares have since come back a bit and now are up just 0.1 per cent, which is coinciding with the rest of the market losing its momentum.
''They did, obviously, open up really, really strongly this morning as they rally into their result tomorrow," says IG Markets market strategist Evan Lucas.
Here's a graph of the NAB business conditions index over the past three years, showing the downward trend hasn't really been broken yet:
In other data out today, the Reserve Bank's credit card balances report for December found that the total balance rose to $49.9 billion from $49.5 billion in the month before.
The average credit card balance edged up slightly from $3262 in November to $3282 in December.
The dollar wasn't impressed by the business confidence numbers and is hovering near the day's lows at $US1.0260.
Business conditions have improved in January but remain soft, with signs the weaknesses in some sectors is spreading to others, a National Australia Bank monthly survey finds.
Business conditions improved to minus 2, up from minus 5 in December, as profitability and trading conditions registered gains while employment conditions ''weakened considerably'', NAB found. The confidence index for January rose to 3 from a revised 2 in the month prior.
Forward orders remained at low levels, ''suggesting little upward momentum'', while companies' productive capacity utilisation were at their lowest levels since 2001.
Business credit demand was also at near record lows, the survey found.
The ''recovery mainly reflects external factors, including the rally in global equity markets and generally better activity in China, as well as recent RBA cuts,'' NAB chief economist Alan Oster said in the report. ''However, confidence remains below long-run average levels.''
Now for the sliders on the ASX200. Four of the bottom five are gold companies:
- Alacer Gold Corp: -7.63%
- Troy Resources: -4.55%
- Evolution Mining: -4.46%
- Gryphon Minerals: -4.44%
- Tabcorp: -4.01%
Just to reiterate, here's a note from CMC Markets on the subject of gold. Ric Spooner said:
In the shorter term though, many traders fear that short term strength in the US Dollar could see gold retreat towards the technical support of its 2011 and 2012 lows around $US1535. These concerns were fuelled when the precious metal declined below the much-watched 200 day moving average last night.
Bradken is leading the market in morning trade, up 10 per cent after the industrial equipment maker increased its first half profit by 9 per cent and said it was confident of conditions improving during the next six months. Here are the other major gainers on the ASX200 in early trade:
- Acrux: +7.61%
- Whitehaven: +7.09%
- Boart Longyear: +5.42%
- Ausdrill: +4.53%
- Goodman Fielder: +2.84%
A positive profit report from retailer JB Hi-Fi on Monday has prompted some investors to return to the share market, Baillieu Holst director Richard Morrow says.
''There's still quite an imbalance out there in investor land, with people holding too much cash and not enough shares,'' Mr Morrow said.
''Some of the results out yesterday, especially JB Hi-Fi and the rally in the consumer sector, I think caused a few investors to panic to cover short positions and to rebuild weightings to the sharemarket.''
To celebrate the All Ords turning 5000 - again - here's a chart showing its performance over the last 5 years. The big peak on the left is the moment in May 2008 before the GFC struck, when it hit 6035:
Sector by sector on the ASX200 now, here are the early winners and losers:
- Info tech: +1.17%
- Industrials: +0.97%
- Telecoms: +0.53%
- Financials: +0.4%
- Energy: -0.28%
- Materials: -0.22%
- Health: -0.08%
Although the All Ords has passed through 5000, the benchmark ASX200 is still about half a per cent away, currently trading at 4977.2. It could be that some good numbers from one of the sharemarket titans like Commonwealth Bank or Rio, which report earning later this week, are enough to push the ASX200 over the 5000 mark.
In the meantime, the retailers are basking in the afterglow of the JB Hi-Fi result from yesterday. Clearly there is some expectation that other in the retail space might have some good news in store, so to speak:
- Woolies: +0.18%
- Wesfarmers: -0.05%
- Harvey Norman: +1.29%
- DJs: +1.11%
- Myer: +0.37%
As financial planners and others say, past performance is no guide to future performance, but the last time the All Ords has a look above 5000 it didn't like the view. It stayed there momentarily before spending the next five months on the slide.
What do you think? Will this time be different?
The All Ords last topped 5000 on 12 April, 2011, before it slipped to 3927 on 9 September. It's been a slow but steady build since then, culminating in this morning's milestone.
The All Ords has pushed through 5000. Hooray! It's peaked this morning at 5002.2 before slipping back to 4998.8.
Consultant engineer Coffey International continued to find support in early trading, rallying another 1.5c to 40c following the release of mixed results on Monday, which showed continued evidence of a slow turnaround.
In a note to clients this morning, UBS has a 'buy' recommendation on the shares and a price target of 47c.
"With the 'hopeful' end of restructuring charges and a capital structure well and truly derisked, Geosciences volatility remains the focus for investors," it told clients.
"With the stock trading on 8 times price earnings multiple in FY13/14 we would view risks around mining and infrastructure fees as largely priced in, while catalysts are few, the group moving to paying out a dividend again is a clear positive and we maintain our 'buy' recommendation."
It is tipping a 1c a share payout in the full year.
The company said in a newsletter to shareholders, released today, it is aware of the importance shareholders place on dividends, and it will review its policy at the time of its full year results.
A bit more on Bradken.
Managing director Brian Hodges said the business had stabilised and he was confident that conditions would improve in the second half of 2012/13.
''The company's order books have stabilised and there is evidence to suggest that we have reached the bottom of the current cycle,'' Mr Hodges said.
Mr Hodges said the installation and commissioning of plant and equipment for the first stage of its low-cost Xuzhou Foundry in China had now been finished. When completed, the foundry was expected to produced 20,000 tonnes per annum of iron.
''With rail margin improvements and the low-cost Xuzhou foundry coming on line, we expect to company's margins to remain strongly defensible and may improve in the period,'' he said.
A bit more here on Whitehaven.
Days after saying a decision on environmental approval had been delayed to April 30, federal Environment Minister Tony Burke last night granted conditional approval for the Maules Creek and nearby Boggabri mine proposals in northwest NSW.
The approvals remain subject to strict conditions requiring wildlife corridors, limits on the clearance of native vegetation and a $2.5 million investment in rehabilitation research for threatened species.
JB Hi-Fi shares have given back a bit of yesterday's 17 per cent gain. They're down 2.4 per cent in early trade, or 31 cents, to $12.58.
Whitehaven shares have jumped 8.1 per cent following the approval of the Maules Creek project by the federal environment department. Its have added 24 cents to $3.20.
BREAKING The RBA is selling its 50 per cent stake in scandal-plagued Securency. More soon, but here are a few lines from the press release:
The sale of the Bank's interest in Securency is in accordance with the Bank's long-standing intention to exit from the joint venture once Securency had established itself as a viable long-term supplier in the international market for banknote substrate.
Under the terms of the sale, the Bank will receive initial payments of approximately $65 million for its shares, which exceeds the value of the Bank's investment in Securency in the Bank's 2011/12 financial accounts of $54 million. Additional payments may be made to the Bank over following years, including if Securency exceeds certain earnings benchmarks.
In early trade, the All Ordinaries index is 14.8 points higher, or 0.3 per cent, to 4995.1, while the benchmark S&P/ASX200 is 14.7 points higher, or 0.3 per cent, to 4974.2.
Early take - stocks have edged higher in opening trade. Up about 0.1 per cent.
CMC Markets say gold companies could feature today, with gold traders and investors ''unsettled by the size of gold's fall on a quiet news session in international markets''.
Chief markets analyst Ric Spooner says ''gold is likely to benefit from ongoing central bank demand, improving jewellery sales, and investor concerns that international monetary stimulus will ultimately lead to inflation and ongoing currency debasement".
"In the shorter term though, many traders fear that short term strength in the US Dollar could see gold retreat towards the technical support of its 2011 and 2012 lows around $US 1535. These concerns were fuelled when the precious metal declined below the much-watched 200 day moving average last night."
CommSec markets analyst Juliana Roadley said although the futures were pointing to a slight gain for Australian stocks today, there were reflecting "a bit of positioning" rather than expectations the market would rally much higher.
"I think if anything, you've got weak commodity prices, you've also got weakness in the overseas markets and uncertainty in the euro market," Ms Roadley said.
"It's ahead of the State of the Union speech as well as key economic data coming out from the US. So we are expecting a quiet day of trade."
Ms Roadley said a series of earning reports from key companies would set the tone of the share market for the rest of the week.
Some analyst rating changes for today:
- JB Hi-Fi raised to neutral at JPMorgan
- JB Hi-Fi cut to underperform at Credit Suisse
- Chorus raised to neutral at Macquarie
- Fletcher Building downgraded to neutral at Goldman Sachs
Australian bond futures prices have followed US Treasuries weaker on a quiet night for US markets with no economic news to drive prices.
At 8.30am, the March 10-year bond futures contract was trading at 96.565 (implying a yield of 3.435 per cent), down from 96.580 (3.420 per cent) on Monday.
The March three-year bond futures contract was at 97.210 (2.790 per cent), down from 97.230 (2.770 per cent).
St George chief economist Hans Kunnen said US equity markets traded in low volumes after their rally in recent weeks.
''There was no new economic news and European markets were equally lacklustre,'' he said.''With equities flat, bonds remained in a very tight range overnight.''
Looking at the ASX today, a bit of weakness offshore and a sagging Aussie dollar are not enough to keep the futures market down. The SPI futures contract is 17 points higher to 4936. A gain of 17 points won't get the ASX200 over the 5000-point mark, but it will get it close.
Arab Bank's David Scutt says today's NAB business survey could have an impact on market sentiment. In a note this morning, he writes:
While it barely impacts market pricing ordinarily, we expect the monthly NAB business survey will be somewhat influential today, especially given the focus on earnings and domestic rate outlook at present, with investors likely to piece over the report for signs, if any, of an improvement in business sentiment.
While the market has been rallying of late on expectations for easier monetary policy from the RBA, something that may well occur again should the data disappoint, we wouldn't be surprised to see the market celebrate a strong read, particularly if profitability has improved, given it would likely correspond with a lift in corporate earnings.
The first of today's earnings results is through and it's from Bradken, a manufacturer of mining, rail and engineering products.
Bradken has reported a net profit of $46.7 million, a rise of 9 per cent from the same period the year before. The company said it would pay an interim dividend of 20 cents, fully franked, on March 14.
More soon.
For a comprehensive look at this morning's business news, check today's need2know. Here are this morning's key markets numbers:
- SPI futures are 17 points higher at 4936
- The $A is lower at $US1.0258
- In New York, the S&P500 was 0.06% lower at 1517.01
- In Europe, the FTSE100 rose 0.21% to 6277.06
- China iron ore was flat at $155.10 a metric tonne
- Gold fell $US17.80 to $US1649.10 an ounce
- WTI crude oil added $US1.31 cents to $US97.03 a barrel
- Reuters/Jefferies CRB index lost 0.12% at 300.71
Hi everyone. Welcome to the Markets Live blog for Tuesday.
Contributors: Thomas Hunter, Jens Meyer, Max Mason
This blog is not intended as investment advice
BusinessDay with agencies


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Emily® Mini Doll
Item# F5284
This 6-inch doll brings Emily's world to life on a smaller scale. She arrives dressed in an outfit reminiscent of the World War Two era. Plus, she comes with Brave Emily, a miniature version of her book that follows her and her friend Molly in 1944.
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Please Note:
- Mini book is abridged.
Explore Molly's world:
Molly dreams of performing as "Miss Victory" to show her support during World War Two.