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And so concludes another edition of Markets Live. Thanks for reading and comment, we hope to see you again tomorrow at 8.30am.
Coming to the end of our markets blog for today, here's what you need to know this evening:
- The ASX200 had another strong day, rising 0.75%
- The dollar is slightly lower, buying $US1.0279, 96.8 yen and 77.87 euro cents
- Japan's Nikkei is rallying, up 2.25%; Shanghai has gained 0.55%
- Spot gold is up 0.3% at $US1586, WTI crude oil flat at $US93
- Wall Street futures are minimally higher, FTSE100 futures are up 0.25%
- 'Enthusiastic' new chief buys Ten shares
- Beach soars on Chevron exploration deal
- Qantas director resigns over Italian link
- Growth in China's factory sector pulls back
- QBE refuses to rule out job cuts
- RBA assistant governor (financial markets) Guy Debelle to address Breakfast at the University of Adelaide Business School
- Computershare chief executive Stuart Crosby to address American Chamber of Commerce lunch
- Flight Centre; exp net profit: $103.2 million
- Atlas Iron: $24.5 million
- Jetset Travelworld: $12.70 million
- Slater & Gordon: $20.50 million
- QBE Insurance: $110.72 million (second half)
- Ramsay Health Care: $140.33 million
- Seven Group Holdings: $145.80 million
- Virgin Australia: $65.47 million
- Transfield Services: $12.30 million
All profit expectations are consensus estimates, courtesy of S&P Capital IQ.
It's been a good start to the week despite the miners struggling, Suncorp financial markets analyst Darryl Conroy says:
- It was certainly a good start to the week given how flat the materials sector has been for the last few trading days, so given the second largest sector is down, not a bad start at all.
- Consumer staples are potentially a bit of a safe haven with dollar spend fairly locked in.
Looks like Westpac is experiencing some major issues with its banking systems, with customers complaining they can't access their accounts, both online and in branches:
@redtfox Hi Travis, sorry to hear this. We are having some system issues. Our team is working on a fix as we speak. ~Spencer
— Westpac Bank (@Westpac) February 25, 2013
Shadow treasurer Joe Hockey says a coalition government would compensate businesses affected by the abolition of the carbon tax on a case-by-case basis.
Many Australian businesses involved in clean energy and other sectors are benefiting from the price on carbon dioxide emissions, which will move to an emissions trading scheme in 2015.
However, Mr Hockey told reporters in Launceston today the cost of the carbon tax on households and business was ''far greater than any money that is coming out of Canberra to compensate individual businesses''.
And the winners and losers among the top 200:
- NRW Holding: +7.8%
- Senex Energy: +7.5%
- Ten Network: +6.8%
- Macquarie Atlas: -5.2%
- Medusa Mining: -4%
- Buru Energy: -3.9%
Here's how some of the blue chips fared today:
- Rio: -0.9%
- Westpac: +1.7%
- Woolies: +1.3%
- Wesfarmers: +2.1% - highest since June 2007
- Telstra: +1.1%
Earnings of EnergyAustralia, which incorporates the TruEnergy business, slumped by 42.1 per cent to $HK1685 million in 2012, amid a slowdown in demand across the board.
The fall in profits was led by a 10 per cent slump in Victoria and weak wholesale electricity prices.
China Light and Power, which owns the EnergyAustralia, told investors earlier today it does not expect to boost substantially investment in Australia in the present climate.
Formerly known in Australia as TruEnergy the company last year shelved plans to list shares in Australia due to the poor market condition.
"I do not envisage substantial investment in new assets or projects in Australia, with the exception of a limited amount of wind generating capacity and possible participation in the planned privatisation by the NSW Government of its remaining interests in State-owned power generation assets," the group's chief executive, Andrew Brandler, said.
Consumer discretionary and consumer staples led the gains, rising 1.7 and 1.6 per cent respectively. Financials and energy both added 0.9 per cent, while materials slipped 0.2 per cent.
Liquidator Ian Struthers has agreed to a three-year ban after the corporate watchdog found he failed to properly account for expenses, lodge paperwork and keep track of meetings for 45 liquidations.
In an enforceable undertaking the Sydney-based liquidator admitted he ''failed to carry out or perform adequately and properly the duties of a liquidator.''
Meanwhile the registration of Melbourne-based liquidator Paul Anthony Pattison was cancelled following last year's declaration he was bankrupt.
Investigations by the Australian Securities and Investments Commission also led to a ban on Mr Pattison managing corporations for four years, because he was the sole director of three companies owing $4.7 million.
Mr Pattison ran Pattison Consulting and Pattisons Business Recovery & Insolvency Specialists.
The sharemarket has closed higher. The S&P/ASX200 jumped 37.7 points, or 0.8 per cent, to 5055.8, taking the benchmark index within 40 points of Wednesday's close, before the sell-off on Thursday. The broader All Ords rose 36 points, or 0.7 per cnt, to 5072.7.
News Ltd has reacted to speculation it's keen on buying Ten Network:
"Much of today's reporting and commentary is conspiratorial, highly fanciful and wrong. News Limited has no plans to acquire Channel Ten.
"News is opposed to the imposition of additional tests for media ownership, not least because massive increases in media diversity, and the extensive pro-competition and pro-diversity powers held by the ACCC and ACMA render them entirely unnecessary.
"Furthermore, as has been demonstrated overseas, such tests are subjective, vague and imprecise, difficult to interpret and wide open to political interference."
Have you been following the Oscars? There've been lots of words written about the frocks of the ladies - but this year it looks like the guys have stepped up their game.
Executive Style has looked at how the blokes fared on the red carpet, with a bit of commentary on the hits and misses.
Paul Krugman has warned in his latest op-ed that Italy's election - where PM Mario Monti is lagging in the polls behind disgraced former PM Silvio Berlusconi - could provide "a foretaste of dangerous radicalisation in Europe."
"Italy isn't unique," Krugman writes, "disreputable politicians are on the rise all across Southern Europe. And the reason this is happening is that respectable Europeans won't admit that the policies they have imposed on debtors are a disastrous failure."
It went from looking like a great day to just a good day on the Australian sharemarket after the underwhelming Chinese manufacturing data dissipated some of the earlier buying momentum, CMC Markets trader Tim Waterer says:
- Undoubtedly the materials sector suffered a setback today on the release of the Chinese data and with some of the big miners reversing course the broader market slipped from the session highs.
- However, materials weakness was more than offset by strength in other segments of the market with the banking and retail stocks enjoying a positive outing today courtesy of strong offshore leads.
- Risk assets from around the globe will take their cues from the Fed chairman's testimony before Congress this week, with a key point of interest being whether his testimony is singularly supportive of continuing asset purchases or whether his tone reflects the assortment of opinion contained in the most recent Fed Minutes.
After recently cutting jobs to save costs, accounting firm WHK Group is considering a $320 million merger proposal from wealth management firm SFG Australia.
As it posted a 22 per cent fall in first half profit, WHK received an indicative offer from SFG that could create a merged entity with more than $17 billion in funds under management.
SFG, an advisor to the wealthy, has been in talks with WHK, an accountant for small businesses and high worth individuals, since October 2012.
The suitor has proposed a share-based merger that would leave WHK shareholders with a 42 per cent interest in a newly merged business.SFG's offer implies a value of almost $1.21 for each WHK share, above their previous closing price of $1.06.
With just under an hour of trade left in the day, here's the best and worst performers amongst the ASX's top 50 companies:
Asian stocks are buoyed by speculation the next Bank of Japan governor will deploy aggressive monetary easing, traders say.
''Reports on the BoJ are clearly signalling the central bank is ready to ease aggressively,'' says Kazuyuki Terao, chief investment officer of Allianz Global Investors Japan. ''Things are positive for Japanese stocks, but you want to bear in mind that you may see overseas uncertainty increase depending on the outcome of the Italian election.''
The Nikkei is up nearly 2 per cent.
Japanese shares are rallying. Photo: Reuters
Motorists have been hit with rising fuel prices over the past few months, said CommSec economist Savanth Sebastian.
- In fact in the past week the national average petrol price breeched $1.50 and is now holding at the highest levels April 2012. The global economy is healing; investors believe that means more demand for oil; and as a result oil prices have recorded significant gains over the past couple of months.
- It is not just that motorists have been hit with higher fuel prices but the extent of the rise is the key concern. The national average price has risen by a staggering 13 cents a litre in just the past seven weeks – marking the biggest lift in fuel prices in over 4 years.
- Retailers need to watch petrol price trends closely. Petrol is the single biggest purchase for most households, and even those without a car will feel the pain through higher delivery costs, higher transport fares and increases in prices of goods with a high transport component such as fruit & vegetables, meat and seafood. The average household monthly fuel bill has risen by $16 to $183 since early January. A further lift in fuel prices could cause consumers to become more fearful and cautious about spending, especially on discretionary or non-essential items.
Here's a quick snapshot of markets around the region:
- Nikkei(Japan): +2%
- Shanghai: +0.6%
- Taiwan: flat
- South Korea: flat
- Singapore: +0.1%
- New Zealand: +0.3%
New Ten chief Hamish McLennan has apparently shown his faith in the struggling television network, buying 3.13 million Ten shares.
"As I indicated in the statement to market on Friday regarding my appointment, I believe Ten is a great business. As a sign of my enthusiasm for Ten, I have personally invested in the company. I look forward to sharing in the future success of Ten," said Mr McLennan in a statement to the ASX.
The US-based Chevron became the latest in a string of oil majors that have decided to invest in Australian shale, announcing today that it has bought interest in two gas blocks in the Cooper Basin from Beach Energy.
Chevron said it will initially acquire a 30 per cent working interest in block PEL 218 in South Australia, and 18 per cent working interest in block ATP 855 in Queensland. The deal gives Chevron the option of later increasing its interest in PEL 218 to 60 per cent and the interest in ATP 855 to 36 per cent.
Beach Energy will receive up to $349 million over two stages spanning several years for interest in the two gas blocks, Beach Energy said in a statement.
Shares are up 6.6 per cent to $1.38.
Little reaction to #China #pmi. #xjo -10pts, #AUDUSD -15 pips. If not for #italy election we'd be flying on #Bernanke hopes #hopium #ausbiz — David Scutt (@David_Scutt) February 25, 2013
Options Xpress market analyst Ben Le Brun said the local bourse surged ahead today as traders focused on positive sentiment, globally and domestically.
''There would have to be some doubts and fears about the Italian election as it stands at the moment, but it certainly doesn't appear that we're focusing on that in the Asian region,'' Mr Le Brun said.
''We just seem to have ridden along on the coat tails of good sentiment in the Asian region.''
Power sector investor Spark Infrastructure has flagged a hike in the payout for 2013 as it continues to hunt for expansion opportunities after failing to acquire the lease over a desalination plant in NSW.
The 2013 dividend forecast has been raised to 11c a share from the 10.5c declared for 2012, with the final dividend of 5.25c to be paid next month.
Earlier today, Spark declared a 2012 net profit of $185 million up from the loss of $47.9 million for 2011 which reflected hedging and actuarial losses.
Before extraordinary items, the net profit for 2012 was $173.8 million up from $82.6 million in 2011, with the year earlier earnings hit by a $49 million charge following the decision to internalise its management.
A bit more on the China PMI data. The HSBC flash purchasing managers' index (PMI) for February slipped to 50.4, the lowest in four months and down from January's final reading of 52.3, which had been the best showing since January 2011.
The flash PMI is the earliest indicator of China's economic health in any month and should not alter expectations that the world's No. 2 economy is enjoying a gentle recovery, a welcome development for the country's new leaders who take office in March.
"The underlying strength of the Chinese growth recovery remains intact, as indicated by still expanding employment and the recent pick-up of credit growth," said Qu Hongbin, an economist at HSBC.
In line with recent trends, the flash PMI showed demand for Chinese exports teetered in February. The new export orders sub-index inched down to 49.8, a hair's breadth from the 50-point mark separating expanding activity from contraction on a monthly basis.
The Aussie dollar has taken a tumble on the HSBC flash manufacturing PMI for China. The Aussie fell from $US1.0298 just before the release to $US1.0265 as investors bet that weakness in China's factories could raises the chance of another rate cut.
Chinese PMI data is a big miss on expectations.50.4 VS 52.2 #ASX200 should see some selling in materials & resources space #ausbiz — Ben Le Brun (@benlebrun) February 25, 2013
Here's a quick look at the best and worst performers on the ASX200 so far today:
According the the Wall Street Journal, new Ten chief Hamish McLennan's connection to News Corp increase the chances of Ten being taken over by News Corp before the company demerges in June.
WSJ cites a CLSA analyst report which upgraded Ten to buy from underperform.
However, the ACCC may have something to say about any proposed takeover, having often thwarted takeovers and mergers which would put control of free-to-air and cable television products under one owner.
More on Caltex, the company has flagged a significant freeing up of capital once the Kurnell refinery is closed, since this will remove the need for around $75 million of ongoing capital spending undertaken at the refinery annually in recent years.
Additionally, around half of the crude oil imports are sourced from either west or north Africa, requiring several weeks at sea.
Following Kurnell's closure in 2014, the bulk of the crude oil and refined oil product will be sourced from Asia, which requires only several days of shipping, and hence ties up significantly less capital for long periods of time, which will provide a further source of capital, the company told analysts this morning.
Shares are up 2.7 per cent to $18.725.
In an ironic twist of events, iron-ore magnate Andrew "Twiggy" Forrest is fighting attempts to exploit the mineral wealth under his own cattle station in the Pilbara.
Mr Forrest, 51, founder and executive chairman of Fortescue Metals Group, is suing to block attempts to search for uranium on his Minderoo Station and last month failed in an attempt to halt sand mining on the property.
Minderoo was established in 1878 by his great, great uncle, Sir John Forrest, first premier of Western Australia, and his brothers Alexander and David.
In his younger days, Mr Forrest worked as a jackaroo on the family property, but it was sold in 1998 to repay debts. He bought it back in 2009.
Banks are making bigger profits from writing new mortgages today than at any time since 2004, putting intense pressure on lenders to cut interest rates independently of the Reserve Bank, new research argues.
With recent earnings results showing strong profit growth from home lending, UBS analysts have predicted pressure from rivals and politicians will unleash ''out-of-cycle'' mortgage rate cuts.
UBS bank analyst Jonathan Mott, the report's author, argued banks were generating 88 basis points of profit on a typical mortgage - equal to 88 cents a year for every $100 in mortgage debt.
It is the biggest margin since the UBS estimates begin in 2004, and represents a rapid improvement from a year ago when Mr Mott said the banks were probably losing money on new home loans
But with bank share prices surging more than 15 per cent in the last three months, many in the market are wondering whether the growth is sustainable.
Britain's banks could need tens of billions of pounds more capital as part of a crackdown on internal risk models that are deterring investors and undermining efforts to shield the global financial system from future shocks.
The Financial Services Authority has been assessing how lenders calculate the riskiness of their mortgages and other loans to make sure they are setting aside enough money to cover potential losses.
The FSA has stepped up that scrutiny in the past two months, banking sources said, as part of a wider trend in Europe towards standardising guidelines on how banks should calculate the riskiness of loans amid concern some are gaming their internal models to flatter their financial health.
The issue is controversial. A large jump in capital requirements for the likes of Barclays, HSBC, Lloyds, and Royal Bank of Scotland, could further choke off the supply of credit, hurting the economy.
#Nikkei rises to 11,615.78, highest level seen since 29 September, 2009 #kuroda #iwata #boj #abe — David Scutt (@David_Scutt) February 25, 2013
Batten down the hatches. Tropical cyclone Rusty is expected to slam this week into the north-western coast of Australia, the world's biggest exporter of iron ore, threatening to cut exports and flood mines.
Rusty was upgraded to a category two cyclone overnight and is 315 kilometers (196 miles) north of Port Hedland, the world's largest bulk export terminal, the Bureau of Meteorology said on its website at 5:48 a.m. western standard time.
The Pilbara, where most of Australia's iron ore is mined, is home to BHP Billiton, Rio Tinto and Fortescue Metals' mines, ports and rail lines. Port Hedland expects to close the port today after the last vessel sails, the port authority said in an e-mailed statement.
Mixed returns among the big miners in early trade:
- BHP is 0.12% higher to $36.91
- Rio is 0.48% lower to $66.40
- Fortescue is 1% higher to $4.88
And now for the early sliders on the ASX200:
- Mirabela Nickel: -3.66%
- Macquarie Atlas: -3.21%
- Sandfire Resources: -3.04%
- Medusa Mining: -2.9%
- Suncorp: -2.47% (ex-div)
- Southern Cross Media: -2.36%
- Amcor: -1.91% (ex-div)
A look now at the best-performed stocks on the ASX200:
- Senex: +10%
- Beach Energy: +8.11%
- Ten: +6.78%
- NRW Holdings: +6.34%
- FKP Property: +5.9%
- Alumina: +4.24%
IG Markets broker Chris Weston said investors were continuing to chase high yielding stocks as the Italian elections were making them risk averse.
''There's a little bit of hesitation to put any sort of sizeable trades considering the risk in what's going to happen in the Italian election tonight,'' he said.
''But that sort of thing reinforces the yield play and because an Italian election doesn't really affect the safe haven of a yield play.''
US stocks closed higher on Friday on renewed confidence that the US Federal Reserve stimulus program will continue.
Shares in Intrepid Mines have edged lower this morning, despite the buoyant market, as the court case against the company by its former joint venture partner Paul Willis kicks off in a Jakarta courtroom.
Willis originally introduced Intrepid to the giant Tujuh Bukit gold and copper project in Java, an asset which appears to have been controversially lost by the company after a dispute between Intrepid and its Indonesian partners last year. An Indonesia company in which funds management group Provident also controls a large stake now claims ownership.
Intrepid has said the Willis case is baseless and without foundation. Willis claims he was placed under duress in April 2008 to sign over his interest in the venture.
Michael Pascoe has taken a look at the decision by the Ten board to remove James Warburton. He writes that Ten will soon have its fifth CEO in two years and there's "no indication that the broadcaster has a clue about how it might climb out of its governance, ratings and financial pit":
Warburton was Lachlan Murdoch's personal pick, thus his ditching after a bare year in the job suggests that even he thinks the appointment hasn't worked out. But many of Warburton's problems were not of his making – they were put in train by his immediate predecessor, Lachlan Murdoch himself.
The market likes the removal Ten CEO James Warburton. Ten Network Holdings shares are up in early trade as market players express hope that new management may improve the struggling free-to-air broadcaster's performance.
Ten was up 2.75 cents, or 9.32 per cent, at 32.25 cents.In percentage terms, Ten was the second-best performing stock on the S&P/ASX200, according to IRESS data.
''Where you have a company performing poorly, and in particular where that performance involves a poor competitive performance - not doing well against its peer group - in those circumstances, the market often will attribute that to management problems,'' CMC Markets chief market analyst Ric Spooner said on Monday.
''News of a change in management carries the potential for an improvement in performance.''
Sector by sector on the ASX200:
- Info tech: +1.34%
- Consumer staples: +0.73%
- Health: 0.69%
- Consumer disc: +0.68%
- Utilities: +0.64%
- Financials: +0.58%
- Materials: -0.34%
Spark Infrastructure has reported a net profit of $173.9 million for the 2012 financial year, a 4.1 per cent increase from the year before, on the back of strong results from SA Power networks, and CitiPower and Powercor.
The utility owner declared a final dividend of 5.25 cents per share for the 2012 year. Total regulated revenue rose 12.8 per cent to $1.6 billion.
"Despite a challenging business environment with soft electricity sales volumes, the asset companies have again demonstrated the strength and quality of their operations," Spark Infrastructure managing director Rick Francis said.
"The cashflows being generated by the asset companies are sufficient to simultaneously fund the substantial equity portion of their capital expenditure plans, to de-gear their balance sheets and to make distributions to their shareholders, without the need for any new equity before 2015."
One of the country's savviest investors, Geoff Wilson, is in no doubt that we are finally in a bull equities market.
"A new bull market has commenced in Australia with the local index trading at the highest level in 4.5 years," shareholders of one of his listed investment companies, WAM Research, were told when it released December half earnings this morning to the market.
"The market has risen over 24 per cent since June. Interest rates near 50 year lows in Australia are stimulating the economy. The stock market is a leading indicator of economic activity. It is currently forecasting a pickup in company earnings in late 2013."
Patties Food has reported a net profit of $9.1 million for the six months to December, a fall of 16.5 per cent from the previous corresponding period.
The frozen foods supplier, which makes Four' N Twenty pies and produces the Nanna's and Herbert Adams brands, declared a fully franked dividend of 3.2 cents per share.
"This half year result reflects the challenging trading conditions, particularly in the In Home channel," Patties Food chairman Chris Riordan said.
"Our response must continue to be a relentless focus on supporting and enhancing our brands, developing new channels and regions and improving our manufacturing and supply chain efficiencies as part of an overall ongoing review of our cost structure."
The company reported an underlying net profit of $9.5 million, down 12.7 per cent from the same period the year before, on the back of a a one-off bad debt expense resulting from the administration of Australian Convenience Foods.
The Australian share market has opened a third of a per cent higher.
At 10.10am AEDT on Monday, the benchmark S&P/ASX200 index is 16.9 points, or 0.34 per cent, at 5035.0, while the broader All Ordinaries index is up 16.2 points, or 0.32 per cent, at 5052.9.
On the ASX 24, the March share price index futures contract was up 22 points at 5,015, with 8,624 contracts traded.
The HSBC flash manufacturing PMI for China for February is due out at 12.45pm. A Bloomberg survey expects the result to come in at 52.2, a slight weakening from last month when it landed at 52.3.
With the Nikkei expected to fly & #USD stronger across the board, should #china #pmi gauge print ok, it'll be 'risk on' across #Asia today — David Scutt (@David_Scutt) February 24, 2013
Qantas non-executive director Corinne Namblard has resigned from the airline's board after being caught up in an investigation into a corruption scandal in Italy.
Qantas chairman Leigh Clifford said Ms Namblard resigned "in the best interests of both Qantas and herself".
"Ms Namblard was especially concerned to ensure that the continuing media focus on the current Italian proceedings did not distract Qantas from implementing its strategic imperatives nor detract from the achievements that Qantas has had in meeting the challenges to its business. The Qantas Board appreciates those sentiments," Mr Clifford said in a statement to the ASX this morning.
Here's something that ought to trigger a bit of debate in the comments section. As Nicole Linday reports:
Home buyers turned out in force over the weekend delivering a strong pass mark to the first test of the pre-Easter season. Agents and buyer advocates cited low interest rates and pent-up demand as some of the elements drawing buyers back into the market after two years of lacklustre results and falling prices.
Melbourne's clearance rate of 73 per cent was achieved against a bumper crop of 903 auctions. The Real Estate Institute of Victoria said 541 properties were sold on the day, while 116 were sold before auction. Sydney's rate was 76.2 per cent, Australian Property Monitors reported.
As the week progresses, we're likely to hear more about Washington and the spending cuts which kick in on Friday if the pollies there can't agree on what form they should take.
As reported here, talks on the US budget crisis began again last week leading up to the March 1 deadline for the so-called sequestration when $US85 billion in automatic federal spending cuts are scheduled to take effect.
"It's at this point a political hot button in Washington but a very low level investor concern," said Fred Dickson, chief market strategist at DA Davidson & Co in Lake Oswego, Oregon.
The fight pits President Barack Obama and fellow Democrats against congressional Republicans.
Also in the US this week, the latest data on fourth-quarter US gross domestic product is expected on Thursday, and some analysts predict an upward revision following trade data that showed America's deficit shrank in December to its narrowest in nearly three years.
US GDP unexpectedly contracted in the fourth quarter, according to an earlier government estimate, but analysts said there was no reason for panic, given that consumer spending and business investment picked up.
Patersons Securities strategist Tony Farnham said the Australian share market is expected to start the week on a positive note on the back of what happened on US and European markets on Friday.
The earnings season would still be watched closely by the market this week, especially the results of companies such as Harvey Norman, he said.
"People will be trying to get a measure of whether the interest-rate sensitive parts of our economy are getting a kicker from all those RBA rate cuts that have occurred since November 2011," Mr Farnham said.
A key economic indicator for the Reserve Bank ahead of its March board meeting next week would be the capital expenditure numbers released on Thursday - in particular, the expectation numbers for the rest of this year and for fiscal year 2014.
"Why it is important is because if it is quite disappointing, you would have to think that it shortens the odds of the RBA cutting again in March," Mr Farnham said.
International issues are also set to weigh on the minds of investors this week. Italians are voting for the second day in an election that could affect the stability of the eurozone, while US Federal Reserve Chairman Ben Bernanke is set to testify on monetary policy on Tuesday US time.
Also key is the sequester dateline on Friday, Mr Farnham said, which will see a raft of automatic spending cuts kick in if US politicians fail to reach a compromise on deficit reduction and tax increases.
The Aussie dollar is holding steady against the US dollar, but is near record highs against the yen and the pound. Against the yen, the local unit was trading at 97.19, just short of the 97.34 it hit in early February, a four and a half year high.
And against the British pound:
Aussie dollar nears 28-year high against British pound. Now 68.29 pence. Recent high 68.69 pence in Feb 15 2012.^CJ
— CommSec (@CommSec) February 24, 2013
Looking ahead to the rest of the week, here's a snapshot of what we have in store. For a full calendar of the week's business and finance events, click here:
- Monday: No major economics news. Caltex, Patties and IOOF results.
- Tuesday: Transfield, QBE, Whitehaven, Flight Centre and Virgin results. RBA assistant governor Guy Debelle addresses University of Adelaide.
- Wednesday: Slater & Gordon, AGL, James Hardie, Westfield and Wotif results. ABS construction work done for Dec quarter.
- Thursday: ABS private new capital expenditure for December quarter. Challenger, Harvey Norman, Treasury Wine Estates and Woolworths results.
- Friday: The Ai Group performance of manufacturing (PMI) index for February, HIA trades report for the December Quarter, RBA index of commodity prices for February
Kicking off the week with earnings, Caltex Australia has returned to the black, posting a net profit of $57 million for 2012, a reversal from the loss of $714 million posted in 2011 – even after making a large provision for the closure of its Kurnell refinery.
Revenue rose to $23.3 billion from $22.1 billion. In 2012, Caltex booked a $309 million provision for the closure of Kurnell, while in 2011 it took a $1.1 billion write-down in the value of this asset.
Despite the profit, Caltex has cut the final dividend to 23 cents from 28 cents a share, taking the annual payout to 40 cents down from 45 cents, after deciding to cut to 20 per cent from 40 per cent the dividend payout ratio following the decision to close Kurnell.
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 21 points higher at 5014
- The $A is steady at $US1.0304
- US stocks climb on Fed, HP result
- European stocks rebound on strong German data
- China iron ore lost $US2.60 to $US153.60 a metric tonne
- Australian Finance calendar: February 25-March 1
- Wall Street week ahead: Washington deadline looms
Good morning folks. Welcome to the Markets Live blog for Monday.
Contributors: Thomas Hunter, Jens Meyer, Max Mason
This blog is not intended as investment advice
BusinessDay with agencies


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Tall Pleated Waist Ponte Dress
Tall Pleated Waist Ponte Dress
$34 .88
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subset: commoncrawl


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On Becoming a D-Mom (Happy Mother's Day!)
With Mother's Day this Sunday (hope you didn't forget!), we wanted to honor the many, many Superhero D-Moms out there, by highlighting how they have dealt with the transition from "regular mom-hood" to being a parental pancreas.
It's tough to single out one in particular… But we're excited to have found a mommy blogger who's caring for not just one little girl with type 1 diabetes, but two.
You may recognize Heather Brand of Grand…
Read more »


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Starting in the summer of 2013, Lutherstadt Wittenberg becomes the venue for a unique production, the »Luther/Chess« event, staged at a purpose-built open-air theatre. The play presents the story of Martin Luther's life as a thrilling game on a black-and-white board of eight-by-eight squares that symbolise the world. The living chess pieces are led by Faust and Hamlet – two characters whose lives and legends are closely associated with Wittenberg and the time of the Reformation. The real hero, however, is Martin Luther.
Kommende begivenheter:
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Sted for arrangementet
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Schlossplatz 2
06886 Lutherstadt Wittenberg
Fon: +49 (0)3491/498 610
Fax: +49 (0)3491/498 611


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Meek Mill 3
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May 29th AngelOfTheTown says
I will be in South Beach for my birthday on Sunday... will Meek still be out there??? All I want for my birthday is to meet him! Tweet me @AngelOfTheTown =]
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I'm rich as shit my nig....I quit u got it! Lol RT @Roscoedash: Yooo @Meekmill you must not be getting no money b!!
07/08/2014 - 20:51
I made things count today! http://t.co/sa4JUdCWto
07/08/2014 - 19:30
RT @NBCPhiladelphia: Hip hop star @MeekMill tours the scene of fatal fire to show support for the victims: http://t.co/k6u5TSVfEk http://t.…
07/08/2014 - 19:28
RT @coonphilly: Watch @meekmill Exclusive #DWMTM dinner! http://t.co/iAyRfIq4IO 9.9.14 #DreamChasers #MMG
07/08/2014 - 18:28
And since I'm in the hood lets do some great things! Come donate clothes"food and money for the 4 kids and that ... http://t.co/aTofkzgJSG
07/08/2014 - 16:41


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Congratulations on your decision to attend the University of Central Oklahoma! The opportunities for learning, growth, development and fun at UCO are limitless, and it is our goal to help introduce you to these opportunities during New Broncho Orientation.
New Broncho Orientation is the process in which you become an official Broncho. It starts off in the summer with Enrollment Central, then in August you attend Freshmen FORGE, followed by Convocation and Stampede Week during the first week of classes. Assisting you through the New Broncho Orientation process are the fantastic Orientation Leaders. They are 90 upper-class students (pictured above) selected to aid you through each step of the process. You will see them when you enroll, all the way through the first semester of your freshmen year.
New Broncho Orientation Steps:
Step 1: Attend Enrollment Central. In-person Enrollment Central sessions for the summer and fall semesters have now concluded. For the remainder of the fall enrollment period incoming students must satisfy the requirement for academic orientation by completing Enrollment Central Online. Additionally, all incoming students must meet with an academic advisor to be able to enroll for fall classes. Enrollment Central Online is available by visiting www.uco.edu/fye. Walk-in advisement is available August 4, 2014 and continuing through the first week of classes. Please visit www.uco.edu/advisement to confirm hours of operation.
Step 2: Freshmen FORGE. Freshmen FORGE will be held August 13, 14 and 15th in the NUC Ballrooms. You only attend one of the three days. Registration is now closed. We will accept walk up registrations on Thursday, August 14th ONLY. Wednesday and Friday sessions are both full.
Step 3: On Sunday, August 17th, you will join your entire freshmen class for Convocation. This is the official academic welcome by President Betz to you, the Class of 2018. Your New Broncho Orientation Leaders will remind you about Convocation, and let you know exactly where you should be and when.
Step 4: Stampede Week! Stampede Week is the first full week of classes, and is full of FREE activities, entertainment, food, t-shirts, giveaways and basically lots of fun. We will have more information about Stampede Week in the early summer and your Orientation Leaders will also remind you about the activities during the first week of classes.
Step 5: Head to class, including UNIV 1012: Success Central. This course will broaden your understanding of Central's facilities, services, activities, traditions and academic expectations and help you to develop academic skills necessary for success. It will also help you to continue to build a sense of campus community. You may even see one of your Orientation Leaders assisting in the classroom.
That's it! Just five easy steps to becoming an official University of Central Oklahoma Broncho.


text: Man on the Run lures you with high seas adventure, hooks you with sharp twists and turns, then reels you in with the power of the gospel. This fish story takes you beyond the size of the fish, to the ultimate lesson of God's love for sinners. As parent and child dig in, again and again, they'll begin to discover the gospel themes of sin, repentance, faith, atonement, resurrection, mercy and grace. Man on the Run is an invitation to dig in and find Jesus Christ. Man on the Run targets an age-group that's learning to read (ages 7-9), but still loves to be read to (ages 5-7); is ready for more complex ideas and plots, but still delights in pictures; is ready to be introduced to the great doctrines of the Christian faith, but is greatly helped by stories.


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(CNN) — Never mind your petitions & Twitter #hate, there are some solid reasons why the "Argo"star could make a decent Caped Crusader in the next Superman movie.
It was like something out of revelations: "And an Oscar winner shall be cast as the Caped Crusader, and the Twittersphere will explode with the wailing and gnashing of keystrokes from legions of angry comic book geeks." The announcement that Ben Affleck will star as Batman in Warner Brothers' 2015 Batman/Superman movie (Henry Cavill will reprise his "Man of Steel" role) provoked a ton of reaction online, not much of it good.
Many are openly questioning the decision to replace Christian Bale who, after appearing in Christopher Nolan's three "Dark Knight" movies, has said he's done with Batman with Affleck. Change.org tells Showbiz Tonight that in the hours after the announcement, more than 3,000 people signed petitions demanding Warner Bros. drop Affleck from the project.
Let's play devil's advocate and ask is this outcry slightly premature? Showbiz Tonight presents 10 reasons why Affleck as Batman might not be such a bad idea.
No. 10 -- Fanboys have been wrong before
When it comes to outrage over casting choices, fanboys don't exactly have the best track record. Remember the outcry when a blond was cast as James Bond for 2006's "Casino Royale?" Or when "Mr. Mom" was cast as the lead in Tim Burton's "Batman" in 1989? Or when that mumbling guy from "Brokeback Mountain" was cast as the Joker in 2008's "The Dark Knight?" It's hard to imagine now, but the casting of Daniel Craig, Michael Keaton and Heath Ledger in those respective roles provoked a cacophonous geek chorus of griping very similar to what we're seeing now for Affleck's casting as Batman. Well, we all know how those past stories ended: Craig is arguably the most critically and commercially successful 007 ever (sorry, Sir Connery); Keaton's run as Batman established a potent movie franchise that continues to this day; and Ledger's work won an Oscar and all but erased memories of Jack Nicholson in the role of Batman's archnemesis. With such a record of misplaced doomsaying, maybe us comic book fans should hold our fire on this one.
No. 9 -- He looks the part
Lest we forget, Batman's alter ego is billionaire playboy Bruce Wayne. Anyone who's seen Affleck rock a tux on a red carpet knows he can pull off Bruce's suave, debonair look without breaking a sweat. And once Affleck puts on Batman's mask, does anyone doubt that his impossibly square jawline will practically slice the camera lens? We don't know if Affleck will be any good as Batman, but at least we can be certain he'll look good -- assuming he shaves off the `70s porn star beard he rocked in "Argo."
No. 8 -- He's got the star power
Cavill was just fine as Superman in "Man of Steel"; his successful debut in the red cape is the only reason we're even able to have Affleck in a de facto sequel. Still, Cavill isn't yet a bona fide movie star, and he's certainly not a household name. Affleck is both of those things, and when it comes to putting butts in the seats for the Batman/Superman movie, that won't hurt.
No. 7 -- The guy's an Oscar winner
Nowadays, comic book movies are heavy on Oscar pedigree. "The Avengers" had no fewer than five Oscar nominees in its cast, and "The Dark Knight Rises" had four Oscar winners (five if you count Anne Hathaway, who snagged a statuette just months after the movie's release). There's something about having an Oscar-caliber cast that adds an air of artistic legitimacy to the fun, effects-heavy bombast we get in comic book movies. Affleck -- an Oscar-winning writer ("Good Will Hunting") and producer ("Argo") -- will bring that kind of legitimacy to the "Man of Steel" franchise.
No. 6 -- He's a contrast to Christian Bale
Bale will be a tough act to follow as Batman. Having another intense dramatic actor (like Wes Bentley, Ryan Gosling or many of the other names that were whispered as the next Batman) replace him would have only invited comparisons to Bale -- and more likely than not, the replacement would have come up lacking. Affleck's Batman has the potential to be everything Bale's Batman, as great as it may have been, was not: affable, approachable and capable of cracking a smile. Affleck could be the guy to bring the fun back to Batman.
No. 5 -- Who doesn't love Ben Affleck?
He's a respected Hollywood A-lister. In interviews, he comes across as funny and self-effacing yet fiercely intelligent. He has an unmatched work ethic and a picture-perfect family with wife Jennifer Garner (his refreshingly honest "marriage is work" Oscar speech is exhibit A as to why this will be one of the few Hollywood marriages that last). And best of all: There's no audio of him yelling at a crew member for ruining a scene. It's really hard NOT to like Affleck. Not only will moviegoers turn out to see how he does as Batman, they'll actively root for him to succeed. The chances of the Batman/Superman collaboration being a box office success just increased significantly with Affleck's casting.
No. 4 -- Sorry Zack Snyder, he's a better director
Snyder, who directed "Man of Steel" and will direct the Batman/Superman film, has had some successes ("Man of Steel," "300," "Watchmen," "Dawn of the Dead") and one big flop ("Sucker Punch"). Yet he's still not regarded as an elite Hollywood director. Affleck, however, is. Each of the three movies he's directed -- "Gone Baby Gone," "The Town" and the Oscar-winning "Argo" -- has garnered more critical acclaim than anything in Snyder's filmography. As a man behind the camera, Affleck has shown he can handle explosive action as well as believable character drama -- a delicate balance that Snyder, even in "Man of Steel," has never quite been able to pull off. Affleck's presence in the Batman/Superman cast may be just the thing to help Synder up his cinematic game.
No. 3 -- Don't forget his role in 'Hollywoodland'
It's easy to forget that Affleck's played a superhero twice before. The first time, in 2003's "Daredevil," deserves to be forgotten. But Affleck's second superhero turn -- as 1950s "Superman" star George Reeves in 2006's "Hollywoodland" -- should not be. This is arguably Affleck's best acting performance (and his most celebrated -- he was nominated for a Golden Globe). Portraying Reeves' tragic life, Affleck showed a greater depth than anything we'd seen in many of his earlier movies, which relied mostly on his pretty-boy charm. If the next time Affleck puts on a cape is as memorable as the last time, this Batman/Superman project is going to be something.
No. 2 -- Affleck's Batman will counterbalance Cavill's Superman
In the recent press release announcing Affleck's casting as Batman, Snyder said Affleck, who's 11 years older than Cavill, can portray a man "who is older and wiser... and bears the scars of a seasoned crime fighter." Snyder may be on to something. Comic book fans know that Superman and Batman, while loyal allies, have a complicated relationship. Superman's optimistic heroism is often at odds with Batman's world-weary vigilantism (as Batman says in "Hush," the revered comic book series, "Even more than the Kryptonite, [Superman/Clark Kent's] got one big weakness: Deep down, Clark's essentially a good person. And deep down, I'm not."). If Affleck helps bring that tension to the Batman/Superman movie, it could be far more interesting than "Man of Steel" proved to be.
No. 1 -- It's 100% guaranteed that he'll be a better Batman than his friend George Clooney
Heck, even Clooney would agree with this one.


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Little Birdie Chandelier
No longer available
- Overview
Bedecked in beads, baubles and little glass birds, this magical chandelier sets the tone for a very special room. The beads and birds are molded of blue and white milk glass for depth and richness of color.
- 11" diameter, 14.5" high
- Crafted of metal with glass and crystal beads.
- UL-listed.
- Hardwire; professional installation recommended.
- Title 20 compliant lamps will be shipped to CA addresses. Learn more to understand product differences.
- Dimensions & Care
- Overall: 11" diameter, 14.5" high
- Chain: 3.5' long
- Cord: 1' long
- Bulb (3): 15 watts, type A (not included)
- Weight: 6 pounds
- Dust with a soft, dry cloth.
- To protect the finish, do not apply abrasives or household cleaners.
- Clean with a soft dry, cloth or static duster.
- Do not exceed specified wattage.
- Shipping Info
- Please allow 5-7 business days for delivery. Delivery estimate includes monogrammed and gift-wrapped items.


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Undergraduate tuition and fees for one year (2014-2015 school year) is $28,870. Beyond tuition and fees, we estimate a student's budget for one year based on payment of room and board, personal expenses such as transportation, clothing, and books/art supplies.
Our budget estimates are based on the higher end resident housing costs and other miscellaneous costs. You may spend less than our estimates.
Other than tuition costs, expenses will vary greatly depending on personal preference and restraint. These costs are estimates – not expected costs.
Tuition and fees for one year |
Art supplies and books (estimated) |
Housing (cost of MCA's most expensive housing facility) |
Food (estimated) |
Transportation (estimated) |
Personal expenses (estimated) |
HOUSING COSTS (per year):
Apartments and Efficiencies | |
At the Park – shared apartment for 2 students |
Fogelman Hall – suite-style housing with single rooms and shared common spaces for 4 students |
Metz Hall – suite-style housing with single rooms and shared common spaces for 4 students |
Parkside |
Parkside Efficiency |
How to Apply for Institutional and Federal Aid:
To apply for MCA merit awards, a student need only submit all required application materials to be considered for institutional scholarships, grants, and work-study. Students will be notified of merit/portfolio awards along with acceptance replies. MCA awards are determined by the admissions review ranking.
Eligibility for Federal and State Aid is determined upon receipt of a completed Free Application for Federal Student Aid (FAFSA). Click here to apply online. Student and parent information is required on this form if the student is dependent (usually younger than 24). Only student information is needed if the student is considered independent. Memphis College of Art's institutional need grants are based on information from the FAFSA application as well.
The U.S. government offers Federal Pell Grants of up to $5,730 (for the 2014-2015 school year) per year. Federal SEOG grants, Federal student and parent loans, and Federal Work-Study are other forms of aid available to qualified students. Also, students may qualify for alternative educational loans.
Tennessee offers a state grant (TSAA) and Lottery Scholarship (TELS) to qualifying residents. Early applicants who qualify for a Federal Pell grant may also qualify for a TSAA grant and/or TELS grant. The TSAA budget is usually exhausted early in the year. Tennessee residents should submit a FAFSA before February 1, 2014 to be certain of qualifying.
Lottery Scholarship recipients must complete the FAFSA by August 1 and have a 21 ACT, 980 SAT or 3.0 GPA and graduate from a Tennessee High School. For more information on Lottery Scholarships you can go to http://www.tn.gov/collegepays/
Students may also be awarded Federal or College Work-Study through the admissions and financial aid process. An average yearly allotment of $500 is awarded allowing the student to work during the academic year and in some cases during the summer months. Work-study is paid in the form of a paycheck at a rate of $8.00 per hour for undergraduate students ($9.00 per hour for graduate students).
To complete and file the FAFSA form, students should go online to www.fafsa.gov
Additional information is available at studentaid.ed.gov.
The MCA required federal code is 003507. International students are not eligible for federal or state aid.
Special Circumstances:
If you have a unique financial situation, please contact our Financial Aid Office at 1-800-727-1088 or locally at 901-272-5136. We're happy to provide assistance.
Download the Special Circumstances form.
MCA Scholarships:
The Portfolio Scholarships that a student receives entering MCA are renewable each year in May by maintaining a cumulative grade point average (CGPA) of at least 2.0 for freshmen (0-29 credits); 2.25 for sophomores (30-59 credits); 2.50 for juniors (60-89 credits); 2.75 for seniors (90+ credits).
These awards are based on full-time attendance and will be prorated for part-time enrollment and renewable through the completion of 120 credits. Scholarships will be reinstated any semester the required CGPA is attained. Scholarships are not renewable any semester the semester GPA falls below academic progress limits as defined by Memphis College of Art: 1.75 for freshmen (0-29 hours), 2.0 through the completion of the degree program (30-120 hours) following a first probationary period.
MCA Admissions Portfolio Awards:
J.R. Hyde Sr., Foundation Full-tuition Scholarship |
Portfolio Awards |
$3,000-$17,000 off tuition each year
Saul & Mildred Brown Half-tuition Scholarships |
2 @ $13,425
National Scholastic Art Award |
10 @ $11,650
Mid-south Scholastic Art Award |
6 @ $9,000
Transfer Grant |
Governor's Honors Grant |
Rust Need Grant |
determined based on FAFSA Information
MCA Special Merit Awards:
Once a student attends Memphis College of Art, there are continuing opportunities for merit awards based on the student's performance in classes. Special Merit Scholarships are awarded for excellence each year by faculty nomination. These one-year awards range from $50 cash awards to $6,000 per year tuition discounts. Some awards are based on criteria set by the donor and others are open to all students.
Outside Scholarship Opportunities:
MCA recommends that students do research to find outside scholarships that can be available through organizations and companies that help students go to college. The best method for locating scholarships is by internet search, where students may conduct free online searches. Parents' employers, churches, or other organizations that a family might be active in are also potential resources. MCA distributes scholarship application information received by the financial aid office to eligible enrolled students.
Scroll down to the bottom of this page for more links!
Click here for a guide to Scholarship Searches from the Student Loan Network
Click here for a Memphis College of Art Guide to Scholarship Searches
Financial Aid Forms
These links will open a PDF in a new window.
Buying Books With Financial Aid
Additional Loan Request Form
Direct Loan Application Instructions
Direct Student Loan Request Form
Exit Counseling Acknowledgment
Exit Counseling Instructions
In-School Deferment Form
PLUS Loan Application Instructions
HOPE Lottery Checklist
HOPE Lottery Class Repeat Option Form
Cost of Attendance Increase Form
Dependency Override Form
Special Circumstances Form
Petition for Reinstatement of Financial Aid
Satisfactory Progress Academic Plan
You will want to determine which Verification group you have been selected from to determine which documents need to be submitted.
DEPENDENT STUDENTS (only complete what has been requested)
Dependent Verification Worksheet
High School Completion
Ordering a Federal Transcript
Child Support Paid – Dependent
Receipt of SNAP Benefits (Dependent)
Statement of Educational Purpose
Verification of Untaxed Income (2014-15)
INDEPENDENT STUDENTS (only complete what has been requested)
Independent Verification Worksheet
Child Support Paid – Independent
High School Completion
Ordering a Federal Transcript
Receipt of SNAP Benefits (Independent)
Statement of Educational Purpose
Verification of Untaxed Income (2014-15)
Applying for Student Loans
To apply for student loans, you will need to complete a series of forms. This only needs to be completed once for the first time you become interested in borrowing from the Department of Education.
Borrowers must complete their own Master Promissory Note (MPN). This means that each student borrower will need to complete the MPN to be able to borrow the Federal Direct Stafford Subsidized & Unsubsidized Loan. Parents will need to complete the MPN to be able to borrow the Federal Direct Stafford PLUS loan.
You will need to complete these to borrow the Federal Subsidized & Unsubsidized loans:
- Your full legal name, date of birth, Social Security Number, and PIN
- Master Promissory Note for Federal Direct Subsidized/Unsubsidized
- Direct Loan Entrance Counseling
To borrow the Federal Direct Parent PLUS loans, you will need:
- Your full legal name, date of birth, Social Security Number, and PIN
- Master Promissory Note for Federal Direct Parent PLUS
- Direct Student Loan Request Form
If the Department of Education finds adverse credit history for the parent, the parent may follow these Adverse History Options.
Helpful Financial Aid Websites
FAFSA Information:
Free Application for Federal Student Aid (FAFSA) www.fafsa.gov
Request PIN for your FAFSA pin.ed.gov
Tennessee Student Assistance Corporation www.CollegePaysTN.com
Financial Aid Information:
College.gov www.college.gov
Federal Student Financial Aid www.ed.gov/studentaid
Federal Student Gateway to the US Government www.students.gov
FinAid www.finaid.org
US Department of Education www.ed.gov
Loan Information:
Federal Student Loan Default Assistance www.ed.gov/offices/OSFAP/Students/
Financial Aid Calculators www.finaid.org/calculators/
National Student Loan Data System (NSLDS) www.nslds.ed.gov
Additional Sites:
Alternative Loan Information www.elmselect.com/oll/SchoolLenderList/?schoolId=8170
Americorps www.Americorps.org
College Opportunities Online (COOL) http://nces.ed.gov/ipeds/cool/
Federal Veterans Affairs www.gibill.va.gov
Selective Service www.sss.gov
Social Security Administration www.ssa.gov
US Department of Labor Occupational Outlook Handbook http://stats.bls.gov


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The Resource Finder has powerful filtering features — check out the tutorial to learn more.
I Have a Friend Who Believes Science Disproves Faith, Part 2
Is Christianity anti-science? Can Christians be good scientists? Is science the only source of true knowledge? Pastor Dave Gustavsen of Jacksonville Chapel addresses these issues.
Can Science and Scripture Be Reconciled?
A continuation of our series featuring our new and revised "Common Questions" pages
Discordant Views on Concordism
Many voices in the origins debate have strong opinions about whether their views on science and the Bible are "concordist", yet there is little agreement about what the word actually means.
What makes BioLogos different from Evolutionism, Creationism, and Intelligent Design?
A short guide to where BioLogos fits in the origins debate.
The "Cosmogonic" Form of Genesis 1
In both form and content, then, Genesis 1 reveals that its basic purposes are religious and theological, not scientific or historical.
Series: Reviewing "Darwin's Doubt" (11 entries)
The "One Thing" Behind the Genesis Debate
The one thing on which the entire Genesis debate hinges is whether we acknowledge the role played by hermeneutics.
John Calvin on Nicolaus Copernicus and Heliocentrism
John Calvin really believed that the sun revolved around the earth, but we shouldn't dismiss the rest of his theology because of this error.
Series: Fundamentalists, Modernists, and Evolution (6 entries)
Series: Evolution Basics (50 entries)
Written by BioLogos Fellow of Biology Dennis Venema, this series of posts is intended as a basic introduction to the science of evolution for non-specialists.
Series: Reviewing "Surprised by Scripture" by N.T. Wright (3 entries)
Series: "Origins" Book Club (6 entries)
On Being Right or Wrong
"We should be slow to accuse another of discarding the authority of Scripture, and therefore denouncing them, just because they interpret Scripture differently than we do."
Who's Afraid of Science?
Learning about science has taught me humility about my Bible reading and it has pushed me to think again, to read again, to ask again, and to wonder all over again what the Bible was saying when it was written and how the Bible was heard to its original hearers (so far as the evidence permits us to know such things).
Origins News Roundup for July 23, 2014
This week in origins news, a great collection of articles by key players in the conversation about theology and science, a surprising science fair discovery, and the Apollo 11 anniversary!
Series: Belief in God in a World Explained by Science (4 entries)
Religion, Science, and Society
Conflicts occur when people argue one worldview against another. They may be arguing Atheism versus Monotheism, then pull out science as a weapon saying, "science proves I'm right because of this or that..." In my view, science is rather more limited than this. Science has a lot of interesting resonances with the big questions, and can inform them, but I don't believe it can answer them.
Creation Unfolding: Reading Genesis in a Historical Setting
For my part, the historical setting of the text plays an important role in how I read. It's not a problem in my view to see the authors of Genesis embedded in their times, writing in the scientific/mythological terms they knew, even if those terms are now obsolete.
Video repost: Chris Tilling on Biblical Genre and Relational Truths
"There are clues in a text as to how the text should be written, so with Genesis, the rhythmic nature of Genesis 1 and 2, the almost poetic, and hymnic, function that it would have played in the liturgy of the earliest Jewish lives… it seems to me that there are clues here that it should be read in a theological way."


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Benghazi questions remain unanswered
Saturday, December 22, 2012
"Two months after this deadly attack, we still have more questions than answers. The American people deserve to know exactly what happened in Benghazi, and it's Congress' job to ensure there is a full accounting of the failures that led to this tragedy."
But the lapses which led to the killings appear to range far beyond the authority of acts of these four individuals and their offices.
Some may see Ayotte's pursuit of more information as politically based. That would be a mistake. The roots to some of the problems which came home to roost in Benghazi most likely grew under prior presidential administrations. And unless addressed while Benghazi remains under public scrutiny, the search for a more comprehensive set of answers and solutions may slide into bureaucratic oblivion, only to re-emerge with news of more killings.


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NYFW Chic: Tibi
Tibi's Amy Smilovic is taking on the world one collection at a time. The designer has hit the nail on the head with her distinctively fresh twist on everyday dressing and has garnered a devoted fan following. With the girl on the go in mind, Smilovic created a streamlined collection for Fall highlighting sporty references via oversize coats, cozy sweaters, moto jackets, and versatile dresses. Whether you're heading to the office or drinks, Tibi has you covered.
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Thy_Obsessive_Freak wrote:Interesting, thank you for posting how you did the fur Varpool, I might be able to apply it to my own art at some point as I do like the way you do fur.
By the way great work on your greatest piece, the tongue, interaction and fur is just fantasitic, also A on the clothes fold, details and eyes.. The human head though could dow ith being a little wider and she looks far to twisted around if you don't mind me saying, plus right hand looks broken. But again excellent work.
Thank you for the comment, I get what you mean about her body being all twisted, I didn't really rely on a reference.
noxux wrote:Looks great, I think that way of drawing the fur will improve Vars fur.
Yep yep, I might change or improvise on the fur, I'm not sure.


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Circus Friends Toddler Bedding
No longer available
- Overview
Add bright primary colors and fun animal friends to your child's sleep space with this cotton design. From smiling lions to happy hippos, animal appliqués are sewn of corduroy and percale prints, with decorative embroidery for added dimension.
- Pure organic cotton.
- Pure cotton batting.
- Quilt and sham are framed by a bright blue corduroy binding; expertly quilted by hand.
- Quilt and sham reverse to a light yellow.
- Quilted sham has an envelope closure.
- Quilt, sham and insert sold separately.
- Machine wash.
- Imported.
- Dimensions & Care
- Made of 100% organic cotton.
- Sham has a quilted front and an envelope closure. Insert sold separately; down blend or synthetic.
Toddler Quilt
- 36 x 50"
Small Sham
- 12 x 16"
- Machine wash in warm water, gentle cycle.
- Use only nonchlorine bleach, if needed.
- Tumble dry on low heat; remove promptly.
- Warm iron as needed.
- Shipping Info
Please allow 5-7 business days for delivery. Delivery estimate includes monogrammed and gift-wrapped items.
No longer available
Toddler Quilted Sham
No longer available


text: It's a couple of heroin busts in Port Huron, this past week, by the St. Clair County Drug Task Force. The first, along the 13-hundred block of 7th Street, resulted in seizure of heroin, analog pills and other drug items, with the pair of suspects awaiting arraignment at the St. Clair County Jail. Another bust took place along the 900-block of Griswold, with DTF seizing heroin, analog pills and drug materials. Officials say the suspects, two from Port Huron and one from Detroit, are at the St. Clair County Jail and are expected to be facing several drug charges.


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5 For anyone who thinks they hate to cook!!!cantcookwontcook | 18/09/2007 | See all cantcookwontcook's reviews (1)Top 10 Books Reviewer I bought this book after watching a the TV programme, as I was hooked. I HATE cooking(it takes too long after a day at work) but love home produced food, as it's so much better for you. The book contains loads of quick, easy, inexpensive and exciting meals, desserts and drinks. I'm off to re-stock up the larder. This woman wrote the book for me, and those like me.
4 fantastic easy recipiesRuthsayshi | 02/01/2008 | See all Ruthsayshi's reviews (12)If like me you work weird hours this book is fantastic at "fast food" without it tasting like a mcdonalds.the recipies are easy to follow -some of them have unusual ingredients in and I wouldnt usually have them in my cupboard but with a little planning it they soom can be that is the only reason I give it 4 stars not 5
4 Very tasty indeedBykerbun | 07/12/2007 | See all Bykerbun's reviews (12)I have a few cookery books that every now and again I dig through and think about knocking up something special. But that is what I find them to be, handy for that something special. But what if I want to try something different but don't have the time to put lots of effort into?Look no further because Nigella has the answer. This is a book of simple but fast recipes that DO NOT skimp on quality or flavour. There is a really nice balance in this book between starters/main meals, deserts and treats for the kids. My favourite so far is the coq au Reisling. The smell alone is enough to make you fall in love with this book.Warning: There is also a couple of ideas for chocolate bars to have on standby. Just don't be surpised if you find the tin empty when you fancy one! Oh well, time to make another batch ...
5 Great recipeswhambam | 30/12/2007 | See all whambam's reviews (2)What a great book. Full of interesting and easy recipes. Fabulous photos of the food and nicely written intro to each section.
4 Nigella is a Domestic DevaPeachey | 12/01/2008 | See all Peachey's reviews (3)My husband bought me this book for Christmas. Making Pizza's out of Nan Breads is fab ! The Chocolate Mousse made in a hurry with Marshmellows is great too especially if you have people arrive unexpectedly and stay for dinner. I like the way Nigella can just throw things together in a pan or roasting dish and it tastes great. Thanks Nigella


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Drug Notes
UPMC Patient Education Materials
Calculators and Assessment Tools
Anatomy Navigator
Conditions Navigator
Aspiration means to draw in or out using a sucking motion. It has two meanings:
Aspiration as a medical procedure may also be used to remove tissue samples for a biopsy . This is sometimes called a needle biopsy or aspirate. For example, aspiration of a breast lesion.
O'Donnell AE. Bronchiectasis, atelectasis, cysts, and localized lung disorders. In: Goldman L, Schafer AI, eds. Cecil Medicine. 24th ed. Philadelphia, PA: Saunders Elsevier; 2011:chap 90.
Martin P. Approach to the patient with liver disease. In: Goldman L, Schafer AI, eds. Cecil Medicine. 24th ed. Philadelphia, PA: Saunders Elsevier; 2011:chap 148.
Davidson N. Breast cancer and differential diagnosis of benign lesions. In: Goldman L, Schafer AI, eds. Cecil Medicine. 24th ed. Philadelphia, PA: Saunders Elsevier; 2011:chap 204.
David C. Dugdale, III, MD, Professor of Medicine, Division of General Medicine, Department of Medicine, University of Washington School of Medicine. Also reviewed by A.D.A.M. Health Solutions, Ebix, Inc., Editorial Team: David Zieve, MD, MHA, David R. Eltz, and Stephanie Slon.
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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.
For UPMC Mercy Patients: As a Catholic hospital, UPMC Mercy abides by the Ethical and Religious Directives for Catholic Health Care Services, as determined by the United States Conference of Catholic Bishops. As such, UPMC Mercy neither endorses nor provides medical practices and/or procedures that contradict the moral teachings of the Roman Catholic Church.
© UPMC Pittsburgh, PA, USA UPMC.com


text: My point exactly. The whole thing's a novelty deal by virtue of lack of physical presence. You know, nobody ever asked about buying the landing sites of the various Mars probes... which is the closest most are likely to come to finding an 'alien spacecraft', catch being that WE are the aliens. And we didn't bring cows to Mars, or abduct same from there.CodeBlack wrote:As far as I'm concerned, and I think the law agrees, you can't just lay claim to property on Mars. You have to physically go there and obtain a claim. And you have to be prepared to defend that claim. If there is no government there then who is going to enforce your claim? You? With what weapons? Its an issue that is going to have to be worked out sooner or later. We can't have people simply laying claim to entire planets or moons or perhaps even asteroids. What, no one can visit Io because you "claimed" it in 2009? I do not think so.


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If more pressure is put on a bone than it can stand, it will split or break. A break of any size is called a fracture. If the broken bone punctures the skin, it is called an open fracture (compound fracture).
A stress fracture is a hairline crack in the bone that develops because of repeated or prolonged forces against the bone.
Bone - broken; Fracture; Stress fracture
It is hard to tell a dislocated bone from a broken bone. However, both are emergency situations, and the basic first aid steps are the same.
The following are common causes of broken bones:
Check the person's blood circulation. Press firmly over the skin beyond the fracture site. (For example, if the fracture is in the leg, press on the foot). It should first blanch white and then "pink up" in about two seconds. Other signs that circulation is inadequate include pale or blue skin, numbness or tingling, and loss of pulse. If circulation is poor and trained personnel are NOT quickly available, try to realign the limb into a normal resting position. This will reduce swelling, pain, and damage to the tissues from lack of blood.
Call 911 if:
Even though other broken bones may not be medical emergencies, they still deserve medical attention. Call your health care provider to find out where and when to be seen.
If a young child refuses to put weight on an arm or leg after an accident, won't move the arm or leg, or you can clearly see a deformity, assume the child has a broken bone and get medical help.
Wells L, Sehgal K, Dormans JP. Common fractures. In: Kliegman RM, Stanton BF, St. GemeIII JW, Schor NF, Behrman RE, eds. Nelson Textbook of Pediatrics. 19th ed. Philadelphia, Pa:Saunders Elsevier; 2011:chap 675.
Geiderman JM, Katz D. General principles of orthopedic injuries. In: Marx JA, Hockberger RS, Walls RM, et al, eds. Rosen's Emergency Medicine: Concepts and Clinical Practice. 7th ed. Philadelphia, Pa: Mosby Elsevier; 2009:chap 46.
Linda J. Vorvick, MD, Medical Director and Director of Didactic Curriculum, MEDEX Northwest Division of Physician Assistant Studies, Department of Family Medicine, UW Medicine, School of Medicine, University of Washington. Also reviewed by A.D.A.M. Health Solutions, Ebix, Inc., Editorial Team: David Zieve, MD, MHA, Bethanne Black, 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.
UPMC is an equal opportunity employer. UPMC policy prohibits discrimination or harassment on the basis of race, color, religion, ancestry, national origin, age, sex, genetics, sexual orientation, gender identity, marital status, familial status, disability, veteran status, or any other legally protected group status. Further, UPMC will continue to support and promote equal employment opportunity, human dignity, and racial, ethnic, and cultural diversity. This policy applies to admissions, employment, and access to and treatment in UPMC programs and activities. This commitment is made by UPMC in accordance with federal, state, and/or local laws and regulations.
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.
For UPMC Mercy Patients: As a Catholic hospital, UPMC Mercy abides by the Ethical and Religious Directives for Catholic Health Care Services, as determined by the United States Conference of Catholic Bishops. As such, UPMC Mercy neither endorses nor provides medical practices and/or procedures that contradict the moral teachings of the Roman Catholic Church.
© UPMC Pittsburgh, PA, USA UPMC.com


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I found the mold for this little guy recently while looking through mold catalogs. He is so unusual, normally, I don't purchase molds like him but I fell in love with him and several others. Really he is so ugly he is cute! I was worried that no one would like him, but lo and behold, he's attracted a lot of attention right off the bat. If you're thinking he'd make a good addition to your kitchen windowsill, he's just waiting for you to take him home. Also he can be made into a planter by cutting the daisies off on top of his head and glazing the inside. Here are the directions for painting him."
Basecoat piece black.
Doc Holliday Kimple Walmart
Fog dusty rose black
Light grey white
Shadow green Mod Podge matte sealer
Leaf green
Willow green
Flaxen yellow
Real brown
Greenware--$8.25 Bisk--$12.00


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Bon Voyage
This weekend 3 Rush Pikes Peak coaches will be heading to Paris, France for some coaching education and European soccer games. Nik Penn (DOC Junior Girls), Brian Lux (DOC Youth Girls) and Erich Bartelt (DOC Goalkeeping) will meet up at Paris St. Germain of the French first division to take in some games and sessions. They will also visit Lille (French first division) and Clare-Fontaine, the French National Team training center. While in France, they will attend the PSG-Porto and Lille-Valencia Champions League games. They will also have a chance to see Rush alumna Lindsay Horan play for her first division women's team of PSG. After 8 days in Paris, the group will head to Amsterdam for an International Football Expo. We wish these three a safe journey and take lots of pictures for us back here! Au revoir!
For more information on this trip, please click here.


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- * The College News VOL. XXI, No. 12 -n*-- BRYN MAWR AND WAYNE, PA., WEDNESDAY, FEBRUARY 13, 1935 .opyiitflrt HHYN MA Wit COLLEGE NKW.S. 1934 PRICE'10 CENTS Christopher MorJey Urges Concentration Art and Literature Must Use Modern*"StreamIine" Style To Get Attention CURIOSITY IS NEEDED Deanery: January 16. The faculty of attention is, accord- ing to Mr. Christopher Morley, man's most valuable asset, and modern writers in all fields have invented new forms and new styles in an ef- fort to stimulate and hold this facul- ty in the art-consuming public. He added that it is the people who keep the attitude of a foreigner or stranger and who never permit things to become everyday and usual, whose faculty of attention remains the keenest. This ability for concentration is the most extraordinary and complex, as well as the most delicate and sub- tle of man's faculties. The great mystery that surrounds it can be understood if one considers the act of writing, when in a moment of conscious or unconscious concentra- tion a writer makes the instantane- ous choice of one word instead of another to express his idea. Mr. Morley himself, although he owns a very handsome fountain pen, always uses it as a dip pen, because the moment it takes to dip the pen is just the right amount of time his deeper faculty of concentration needs to choose the right word or the right idea. If anyone could tell exactly what happens to a writer in that instant of intense concentra- tion, he would know more about writing and psychology than all the existing books in the world have said on the subject. Mr. Morley believes that most peo- ple are completely ignorant of their own mental ^tfocesses and that they do not know about what they really arc thinking, because their atten- tion is spent in directions of which they are unaware. Because his mind is so often focused on things he thinks he is thinking least r.bout, Mr. Morley continually reads detec- tive stories. He feels that they are Continued on Paere Five S. Kaye-Smith Will Speak on Feminine Novelists Sheila Kaye-Smith, an English nov- elist familiar to many through her stories of Sussex fields and farms, will speak on Pioneer Women Novelists at Goodhart Hall on Thursday, Febru- ary 21, at 8.20. Miss Kaye-Smitrf has been compared with Hardy and Gals- worthy, particularly because she de- scribes one section of England in her books. She was born at Saint Leon- ards-on-Sea, near Hastings, in Sussex, and has lived there until her marriage in 1924. Her father'was a country doctor there, so that she knows from first-hand experience the Sussex of the past and present of which she writes. Her marriage to the Reverend Theo- dore Penrose Fry, who was then in the Anglican Church at Saint Leon- ards, but was later transferred to St. Stephen's, Kensington, took her to London, but she has maintained her connection with Sussex by frequent visits. Miss Kaye-Smith published her firsl novel, The Tramping Methodist, at the age of twenty. In the series of Sussex stories which she thus began in 1908 some of her better-known early novels are Sussex Gorse (1916), and Tamarisk Town (1919). The former is the story of a man's strug- gle to own a wild common of gorse and furze called Boazell, and ,is the book which first brought Miss Kaye- Smith to the attention of the critics. It was not until the publication of Tamarisk Town, however, that she had a wide circle of readers. A list of other familiar novels includes Star- brace, Isle of Thorns, Three Against the World, The Village Doctor, Susan Sprat/, Summer Holiday, and South- ern Corners. In her writing, Miss Kaye-Smith takes an almost mascu- line point of view. She is stimulated by the inspiration of her locality, and, unlike most of her contemporaries who depend on instinct and emotion, she relies on close study and observation. Although her novels are her best- known literary productions, Miss Kaye-Smith has published two books of poetry. Both of these, Willow'* Forge and other Poems (1914) and Saints in Sussex (1923), show the wide range of interests characteristic of her novels. Renowned Pro Arte Quartet of Brussels Gives Brilliant Series, Stressing Moderns Outstanding Among All Chamber Musicians for Perfect Taste, Marvelous Finish of Ensemble, Sincere Interpretation. Wide Range of Music Covered MRS. SPRAGUE COOLIDGE IS DONOR OF RECITALS Goodhart Hall, Jan. 20-Feb. 10. The distinguished Pro Arte String Quartet of Brussels presented on Sunday afternoon the seventh of a series of ten recitals of chamber music, given every Sunday afternoon and Wednesday evening from Janu- ary 20 untilv February 20. These recitals are being given through the generosity of Mrs. Elizabeth Sprague Coolidge's Library of Congress foun- dation. This group is known inter- nationally as one of the greatest ex- ponents of chamber music in the world and in these recitals it has even surpassed its glowing reputa- tion. The members of the organization� Alphonse Onnou, first violin, Laur- ent Halleux, second violin, Germain Prevost, viola, and Robert Maas, violincello^are not only superior artists- Individually, bin irrrough long and constant musical association have endowed their playing with a unity of artistic conception and of technical perfection that has en- thused and delighted increasing au- diences. They are outstanding among all string groups for their marvelous finish of ensemble, their sincerity of interpretation, and their perfect taste. Their versatility is remark- able, for they play with equal land effectiveness the works of all the great composers from Mozart and Beethoven to the ultra- modernists. The Pro Arte Quartet has long been famous for champion- ing the moderns and the ultramod- erns, and its sympathies for them combined with its faultless interpre- tation of their works have justly made this group famous as one of the most eminent and understanding exponents of the new music. The choice of programs has been as remarkable- as the performances, for consummate taste has marked the selection of works in the balance of old and new and the variety of com- positions presented. Every program thus far has contained at least one work by an acknowledged master of the quartet, while moderns such as Hindemith, Milhaud, Bartok, Pizetti, and Malipiero have received a large share of the programs. The entire sefies opened on Janu- ary 20, as was proper, with a work of Beethoven, the D Major quartet, op. 18, no. 3, played in the classic manner throughout with great beau- ty of tone and perfect balance, par- ticularly in the slow movement. This was followed by the Two Serenades for String Quartet of the famous Belgian eomposer Joseph Jongen, whose music in these works tends to the modern idiom but is well-written Continued on Page Four College Calendar Wednesday, February 13. Pro Arte Quartet Concert. � 8.30 P. M. Goodhart. Saturday, February 16. Var- sity Basketball Game vs. Moravr ian. 10.00 A. M. Gymnasium. Sunday, February 17. Pro Arte Quartet Concert. 4.15 P. M. Goodhart. Sunday Evening Service con- ducted by Dr. Alexander C. Za- briskie. 7.15 P. M. Music Room. Monday, February 18. Mr. Desmond MacCarthy on The Literary Climate in England at the Present Moment. 5.00 P. M. Deanery. Wednesday, February 20. Pro Arte Quartet Concert. 8.30 P. M. Goodhart. Thursday, February 21. Sheila Kaye-Smith on Pioneer Women Novelists. 8.20 P. M. Goodhart. Originality, Aliveness, Spirited Presentation* of American Ballet Receive Warm Praise Harmonious Combination, of Scenery; Music, Modern Costumes, With Occasional Moments of Superb Choreography, Are Result oi One Year's Work TABLEAUX, ENSEMBLES, SOLOS WELL JUXTAPOSED Midsemester Quizzes Reduced in Number Curriculum Committee Plans Elimination of Quizzes in Some Courses CLASS VOTE TO DECIDE (Especially contributed by Elizabeth Monroe, 1935) The Curriculum Committee of the Undergraduate Association is organ- ized to consider suggestions from the students at large for improve- ments in the arrangement of aca- demic work whether relating to a single course or to the general struc- ture. After investigating criticisms it may at its discretion present recommendations to the Dean and the Faculty Curriculum Committee. Chosen to represent every hall and class and as many departments as possible, the committee tries to ex- press student opinion as a whole. At present the committee is con- sidering a proposal to reduce to a minimum the number of scheduled quizzes by abolishing them in all courses in which the professor and the majority of students feel that quizzes are not vitally necessary. Such quizzes as remained would then be scheduled in a period of probably eight college days. The proposal is the result of a feeling on the part of a number of students (cf. also College Neivs for December 5) that preparing for quizzes interrupts the regular pro- gress of their other work, since even the student who has conscientiously kept up with her work from week to week and is not inclined to become hysterical about quizzes will find it necessary to take special time for review in order to be able to move from point to point with the rapidity required in a fifty minute examina- tion. There is also some feeling among the faculty that over the five week period of scheduled quizzes the quality of the students' regular work is markedly Jojvered. Cutting also increases. On the other hand many students definitely want quizzes, particularly in those courses where a considerable quantity of material is not the sub- ject of any sort of written or oral discussion, in the nature of inciden- tal quizzes, exercises, weekly or bi- weekly papers, or, conferences. In such courses many students find a quiz either a reassurance that they are comprehending the matter or a revelation that they are not. Also where the student gives no other re- port of herself she would ra_ther not stake her semester's grade on the Continued on Fage Six Goodhart: February 7 and 8. To behold the promise of great art in its first experimental achievements is one of the greatest thrills in the world, and enthusiastic audiences re- sponded to this thrill with vigorous applause for both the aims and the present accomplishments of the American Ballet at its two perform- ances last week. As if this thrill were not sufficient, the company also while his entrances and crossings can be both intricate and simple with equal effectiveness. Perhaps he can be accused at times of lack of clear- ness in his artistic aims, of occa- sional confusion in his group move- ments, and of a too great emphasis on leg and foot movements rather than complete co-ordination with body and arms. "But moments in the second part of Transcendence reach- gave the audiences a most delightful ed a Peak oi effective group cho'reo- evening's entertainment. The aims of the company seem to be to com- pound as many of the arts as is ar- tistically possible into a whole, which uses the human body in movement as its chief medium of expression, and in particular, to create a purely American art form representing the American scene and temper. Both performances showed that these aims have been in a great part achieved already, and that even greater achievements will come of the com- pany's work. One could not help feeling on view- ing the dancing how much water has flown under the bridge of the dance since 1924 saw the decay of the great Russian companies, Duncan, Wig- man, Graham, de Mille, Kreuzberg, St. Dennis and Shawn. The musical comedy groups of Weidman, Rasch, and others have all set the popular form of the dance for almost ten years,, and their influences and new trends must necessarily affect any revival of the ballet. But this Amer- ican Ballet is not a revival in the sense that other companies are� their aims are new as well as a combination of' the past. They should be judged not in comparison with the glories'pf the past nor with present achievements of other com- panies, but rather for their own individual merits, which are tremend-1 008. The company is particularly outstanding for its originality, the generally high level of dancing in the corps, its spirit in presentation, its aliveness, its harmonic combina- tion of scenery, music and costumes, and the occasional moments of su- perb choreography. When one real- izes that such a roll of achievements is the result of one short year's work together, one cannot help waiting breathlessly for what should follow as the company reaches maturity. The ballet was organized one year ago by E. M. M. Warburg, its direc- tor, Lincoln Kirstein, and George Balanchine, maitre de ballet and choreographer. Mr. Balanchine's work in the Diaghilev and de Basil ballet companies has eminently pre- graphy, tableau, and establishment of mood, that made up for many oth- er little lapses and proved Mr. Bal- anchine capable of creating the very finest choreography. The program consisted of three ballets, one a world premiere, all new and with choreography by Mr. Bal- anchine: Serenade with Tschaikov- sky music arranged by George Anthiel, costumes by Jean Lurcat, and set by Gaston Longchamp; Alma Mater, with the book by E. M. M. Warburg, music by Kay Swift, cos- tumes by John Held, Jr., and set by Eugene Dunkel; and Trtiuscttula nee with Liszt music arranged by George Antheil, costumes by Franklin Wat- kins, and set by Gaston Longchamp. The company has been most fortu- nate in being able to command the Continued on rage Six Bryn Mawr is Visited By Vienna Choir Boys Old Latin Hymns, German Songs and Schubert Operetta Arc Presented VOICES ARE VERY CLEAR The sacred music with which they pared h.m for h.s task with this hag ^ gung jn �owly-organized group. ,, \, " . . _._��. .___... .����� ly-organized group His abilities are varied, for he can create equally effective tableaux, en- semble movements and solo dances French Club Play The French Club announces that it will present Maurice Maeterlinck's La Soeur Beatrice on March 22. Mile. Maud Rey will direct the production. Desmond MacCarthy Will Speak Mr. Desmond MacCarthy, well- known author and literary critic, is planning to lecture here on Monday. February 18, at 5 o'clock. Because (Especially Contributed by Helen Ripley, 1935) Goodhart Hall, January 18. The popularity of the Vienna Choir Boys in Bryn Mawr is well attested by the quantities of undergraduate- who, without a thought for the coming exams, deserted the library and flock- ed to Goodhart. They knew from last year that this was a concert they did not want to miss and their hopes were fulfilled in the performance of the boys. From the opening chord to the last encore we sat charmed and amaz- ed at the tonal quality, assurance, ease, and feeljng with which they sang a difficult program. The singing of The StarSpangled Banner put us into a sympathetic frame of mind and we followed the boys with ease through the various types of song. the,ir. choir almost since its beginning in 1498, 2nd has lost none of its charm with frequenf'repetition. They inter- preted it with feeling, eSpCCMciy tl'.C Palestrina number, and the clear, sus- tained tones of the choir carried beau- tifully in the large hall. In fact, the volume of tone was almost overwhelm- ing to those who remembered certain of the Glee Club's difficulties in try- ing to make themselves heard. The of his first-hand as well as extensive knowledge of both old and new lit- final number of the first part of the erary generations in London .Mr. MacCarthy's talk on "The Literary Climate in England at the Present Moment" should be valuable. Mr. MacCarthy is the editor of Life and Litters and the author of several volumes of criticism, includ- ing Portraits, Criticism, and a third volume which is forthcoming. In England he is well known for his contributions to periodical literature and for his literary talks over the British Broadcasting Company. In this country, to which he came for a month's residence in Calhoun d?l lege, Yale, he reef* Clark Lectures at H program, Repleti sunt Omnes. by Cal- lus, which was repeated as an encore, was lovely with its marked crescendos and quick succession of AI It I mas re- peated by the various parts. The words of all the Latin songs were, re-, mark&bly clear and we really had *a feeling of being in a cathedral and assisting at the Mass. We quite for- got they were a group of small boys and were carried away by their ma- ture interpretations^.^aMkL music., The Schuh. ful, tU �
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Angioplasty is a procedure to open narrowed or blocked blood vessels that supply blood to your legs. Fatty deposits can build up inside the arteries and block blood flow.
A stent is a small, metal mesh tube that keeps the artery open.
Angioplasty and stent placement are two ways to open blocked peripheral arteries.
Angioplasty uses a medical "balloon" to widen blocked arteries. The balloon presses against the inside wall of the artery to open the space and improve blood flow. A metal stent is often placed across the artery wall to keep the artery from narrowing again.
To treat a blockage in your leg, angioplasty can be done in the following:
Before the procedure:
Your surgeon will then place a tiny needle into the blood vessel in your groin. A tiny flexible wire will be inserted through this needle.
A stent may also be placed in the blocked area. The stent is inserted at the same time as the balloon catheter. It expands when the balloon is blown up. The stent is left in place to help keep the artery open. The balloon and all the wires are then removed.
Percutaneous transluminal angioplasty - peripheral artery; PTA - peripheral artery; Angioplasty - peripheral arteries; iliac artery-angioplasty; fermoral artery-angioplasty; popliteal artery-angioplasty; tibial artery-angioplasty; peroneal artery-angioplasty
Symptoms of a blocked peripheral artery are pain, achiness, or heaviness in your leg that starts or gets worse when you walk.
You may not need this procedure if you can still do most of your everyday activities. Your doctor can try medicines and other treatments first.
Reasons for having this surgery are:
Before having angioplasty, your doctor will do special tests to see the extent of the blockage in your blood vessels.
Risks of angioplasty and stent placement are:
During the 2 weeks before surgery:
Do NOT drink anything after midnight the night before your surgery, including water.
On the day of your surgery:
Many people are able to go home from the hospital in 2 days or less. Some people may not even have to stay overnight. You should be able to walk around within 6 - 8 hours after the procedure.
Your doctor and nurse will explain how to take care of yourself.
Angioplasty improves artery blood flow for most people. Results will vary depending on where your blockage was, the size of your blood vessel, and how much blockage there is in other arteries.
You may not need open bypass surgery if you have angioplasty. If the procedure does not help, your surgeon may need to do open bypass surgery, or even amputation.
Creager MA and Libby P. Peripheral arterial disease. In: Bonow RO, Mann DL, Zipes DP, Libby P, eds. Braunwald's Heart Disease: A Textbook of Cariovaslcular Medicine. 9th ed. Philadelphia Pa: Saunders Elsevier; 2011:chap 61.
Eisenhauer AC, White CJ, Biatt DL. Endovascular treatment of noncoronary obstructive vascular disease. In: Bonow RO, Mann DL, Zipes DP, LibbyP, eds. Braunwald's Heart Disease: A Textbook of Cardiovascular Medicine. 9th ed. Philadelphia, Pa: Saunders Elsevier; 2011:chap 63.
John A. Daller, MD, PhD, Department of Surgery, Crozer-Chester Medical Center, Chester, PA. Review provided by VeriMed Healthcare Network. Also reviewed by A.D.A.M. Health Solutions, Ebix, Inc., Editorial Team: David Zieve, MD, MHA, Bethanne Black, 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.
UPMC is an equal opportunity employer. UPMC policy prohibits discrimination or harassment on the basis of race, color, religion, ancestry, national origin, age, sex, genetics, sexual orientation, gender identity, marital status, familial status, disability, veteran status, or any other legally protected group status. Further, UPMC will continue to support and promote equal employment opportunity, human dignity, and racial, ethnic, and cultural diversity. This policy applies to admissions, employment, and access to and treatment in UPMC programs and activities. This commitment is made by UPMC in accordance with federal, state, and/or local laws and regulations.
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.
For UPMC Mercy Patients: As a Catholic hospital, UPMC Mercy abides by the Ethical and Religious Directives for Catholic Health Care Services, as determined by the United States Conference of Catholic Bishops. As such, UPMC Mercy neither endorses nor provides medical practices and/or procedures that contradict the moral teachings of the Roman Catholic Church.
© UPMC Pittsburgh, PA, USA UPMC.com


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BullsTV Preview: Bulls vs. Bucks - 01.30.13
Chuck Swirsky of BullsTV looks ahead to Wednesday night's matchup between the Bulls and Bucks in Milwaukee


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