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Glenn Diedrich, owner and GM of Dealernews Top 100 dealership Cycle World of Houma, has been elected president of the Louisiana Marine and Motorcycle Dealers Association.
Cycle World of Houma celebrates its 44th anniversary this year. It sells and services Honda, Kawasaki, Yamaha and SDG vehicles.
Other state association officers are Will Loewer, of Loewer Powersports in Alexandria, elected vice president; Bill Young, of First Turn Kawasaki of Lafayette; and Steve Berry, of Cheeks Marine in Alexandria, who is immediate past president, according to The Advocate of Baton Rouge.
Posted by Holly Wagner
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The Makeup Maven of Montclair
By DEBRA GALANT
Published: February 16, 2003
MONTCLAIR— WITHOUT any of her own accomplishments, she might have been a formidable figure simply as Mrs. Steven Plofker, the wife of a prominent - if often controversial - lawyer and real estate developer about town. But more often it is Mr. Plofker who is mistakenly called Mr. Brown.
And in many ways, Bobbi Brown is just like any Montclair mother of three. She's a class mom. Her children go to public school. She shops at the local supermarket. Her hair hangs down in a simple ponytail, and much of the time -- when knocking around the house or shopping at Whole Foods -- she doesn't even wear makeup.
But then she's not just like every other mother in Montclair . For instance, Mayor Michael R. Bloomberg recently sent her his book (''Bloomberg by Bloomberg,'' John Wiley & Sons, 1997). Her most recent break-the-fast party to end Yom Kippur was attended by Yogi Berra, a former neighbor, Michael Strahan of the Giants, Cory Booker, the Newark council member and former mayoral candidate, and Robert Torricelli, the United States Senator.
''And a lot of our Jewish friends too,'' Ms. Brown added quickly.
While Montclair is filled with more than its share of prominent people, Bobbi Brown enjoys a singular mystique - at least among the town's women. It is her name, after all, that is on the lip gloss they pull out of their purses. Bobbi Brown is not just a person, she's a brand - like Calvin Klein, Ralph Lauren or Gloria Vanderbilt. But it's more than simple name recognition. She's a brand, like Volvo, particularly suited to Montclair -- the natural look, at full price.
Montclair's upper middle class might be dazzled by her wealth alone, or by the fact that she sold her business, Bobbi Brown Essentials, to Estee Lauder in 1995 for an undisclosed sum, yet still retains control over the division. Montclair's name droppers appreciate the fact that Ms. Brown -- who developed an entire line of makeup from 10 shades of lipstick that were introduced in 1991 -- regularly rubs shoulders with celebrities, or that she appears on NBC's ''Today'' show as a beauty expert once a month.
Teenagers know her name and buy her make-up at Hip Chic, a youth-oriented accessory store in Upper Montclair. Alexandra DeFrance, 11, whose father cuts Ms. Brown's hair, wrote a jingle for Bobbi Brown cosmetics for a school assignment. Women of middle age and beyond are equally smitten with the 45-year-old business woman. When Rose Cali, who helped start the Yogi Berra museum, invited friends to her 61st birthday - a makeup party at Ms. Brown's house -- ''they were absolutely blown away,'' Ms. Cali said.
Almost 150 women showed up in November to have makeovers by Ms. Brown and her staff at a special fund-raising event at Esthetica, the Bloomfield Avenue salon where the makeup maven has her hair cut. The money went to Dress for Success, a charity that helps down-and-out women prepare for the workforce.
The only people, it seems, who are not under Bobbi Brown's thrall are her neighbors. When the Plofkers recently sought a zoning variance to build a pool on their property, several showed up to complain, in vain, that it would be bad for water absorption in the flood-prone neighborhood, and one complained that Plofkers were already known for having loud parties.
Another neighbor, who did not attend the hearing, explained privately that people on the block were worn out by the year and a half of noise, trucks and dirt while the Plofker home was being renovated. The regular presence of limousines also seems to irritate neighbors, who can sound a bit like adolescents excluded from the popular table in the school cafeteria.
Yet close up, this fashion industry hotshot can often seem anything but glamorous.
''I'm like the most normal person that you'll probably meet,'' Ms. Brown said in a recent interview in the living room of her oversized Colonial whose rooms look like pages from a Pottery Barn catalogue. ''I really cherish being a normal person.''
Although one friend, Emily Alter -- the wife of Jonathan Alter, a Newsweek columnist and frequent television pundit -- has told her that other mothers at school sometimes ''gawk'' when they spot her, Ms. Brown personally doesn't see it. ''I wasn't a celebrity when I moved here,'' she said. ''I wasn't a celebrity when my oldest son was in nursery school.''
Even in her choice of vacation spots, Ms. Brown claims to be down to earth. She skis in Telluride, Colo., which is filled with ''hippies and cool people,'' she says.
''It's the antithesis of Aspen,'' she says. ''''You rarely see a fur coat.'' (Ms. Brown herself dons North Face outerwear instead of fur.)
And she says she has Manhattan friends who can't understand why she would want to live in a small town in New Jersey. One of them still can't believe that she organizes and runs her children's birthday parties herself.
''I could afford to live in Manhattan,'' Ms. Brown said. ''And I could afford to hire caterers for parties. I chose Montclair instead of Manhattan because it's a place that lets you be who you are.''

subset: commoncrawl


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Josh Morgan can look back and laugh. Recalling his arrival as a rookie, he uses words like "wide-eyed" and "lost."
To demonstrate, the 49ers wide receiver shuffles his feet until his body makes a full rotation.
"I was like this,'' he said, "I was running in circles."
The sixth-round draft pick eventually figured things out, and soon it was opposing cornerbacks left spinning. Morgan averaged 16 yards per catch, highest among rookies with more than one catch.
Morgan also had three touchdown catches. Only one rookie wide receiver, Denver's Eddie Royal with five, had more.
And now?
Morgan is another year older and infinitely wiser. After practice Wednesday at the 49ers' organized team activities, Morgan said he expected to do far better than the 20 catches, 319 yards and three touchdowns he had during his injury-filled 2008.
It helps that he's healthy. Morgan played through pain last year and only now reveals just how bad things were.
That 48-yard, game-winning catch against St. Louis in December? Morgan did it with a torn groin muscle.
"Most definitely, it was difficult," he said of the final three games last season. "Especially in Mike Martz's offense, where it was like every play I was running deep, getting 20 yards downfield."
To make sure he was mended, Morgan spent the off-season at the 49ers' facility. He said he is 100 percent healthy again, which is a welcome relief. Besides the groin injury, Morgan dealt with a staph infection during training camp that weakened his body and derailed his learning curve just as the season kicked off.
The result was a slow start. Morgan didn't top 50 yards in a game until Week 7, when he had five catches for 86 yards, including a 30-yard score, against the defending Super Bowl-champion New York Giants.
Now, Morgan feels grown up. For example, he no longer needs a coach specifically assigned to point him in the right direction. During the mini-camps a year ago, 49ers assistant Adam Gase was responsible for telling Morgan what route to run, then making sure he did it.
"I had my own personal assistant," Morgan said. "That's how lost I was."
This year, he is in the running for the starting job opposite Isaac Bruce, his mentor. But Coach Mike Singletary is fond of saying that every position is open for competition, so Morgan will have to fend off free-agent acquisition Brandon Jones, first-round pick Michael Crabtree and holdovers such as Jason Hill.
"My first goal is just to stay healthy," Morgan said. "That's the most important thing. If I do that, I feel like I can at least double my performance from last year. I can be twice as good."
For more on the 49ers, see Daniel Brown's Hot Read blog at blogs.mercurynews.com/49ers. Email email@example.com.


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Infrared Heat for Healthy, Shiny Hair
Why Infrared Heat Technology?
Infrared Heat Technology penetrates the cortex of hair, heating it from the inside out. This helps maintain hair's natural moisture balance to prevent over drying for faster styling, maximum shine, softness, and control.
How it Works?
1. Airflow passes though the infrared chamber releasing ions onto hair.
2. Infrared light dries hair from the inside out with even heat and fast superior results.
3. When infrared hat and airflow are combined, the hair cuticle is restored, frizz is eliminated, shine is intensified.
Why Ionic & Ceramic Technology?
Ions have been scientifically proven to eliminate static electricity cause by styling of hair and quickly helps eliminate frizz while Ceramic infrared hear penetrates hair quickly and evenly to avoid hot spots and helps dry hair in a fraction of time.
1. 2 Heat/Speed settings
2. Cold shot button
3. Removable endcap
4. Diffuser & concentrator attachments
5. Hanging Ring
Number of Pieces: 3
Used For: hair drying, Hair Styling
For Use On: Hair
Hair Type: All Hair Types
Features: Infrared Heat, Ceramic heating elements, Tourmaline Coated, Ionic, Cold Shot
Material: Plastic
Number of Heat Settings: 2
Number of Speeds: 2
Power Source: Electric
Care and Cleaning: Spot Clean only
Includes: Hair dryer, Diffuser, Concentrator
Warranty Description: 2 Year Limited Warranty
Battery: no battery used:
Assembly Details: no assembly required
other Info.
Warranty Information
To obtain a copy of the manufacturer's warranty for this item, please call Target Guest Services at 1-800-591-3869.
- Online Item #: 14753322
- Store Item Number (DPCI): 063-09-0632
- Item can be gift wrapped.
- Imported


text: icici bank on monday launched "mutual fund sweep account," an automatic sweeping facility which allows current account-holders to park their short term surpluses into liquid mutual funds and earn higher returns. icici bank's current account customers will the have the facility to invest their surpluses in the liquid fund schemes of prudential icici asset management and gic mutual fund. icici plans to tie up with other liquid funds in the future for offering this service. a customer seeking the sweep account will need to specify the schemes in which the surplus funds should flow into. then, the sweep account will automatically sweep any balance above a certain threshold amount into a liquid fund.


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Star Tracks: Monday, May 16, 2016 42 years, 2,191 covers and 55,436 stories from PEOPLE magazine's history for you to enjoy
Latest News!
- From Taylor's Squad to Bey's Brood: How the VMAs Pick Who Sits Where
- Read the Cover Story: The Gosselins 10 Years Later: 'So Much Has Changed'
- James Spader Sells His Los Angeles Home for $4 Million
- Prince William Laughs Off a Mom's Request for Prince Harry's Number for Single Daughter: 'You Don't Want That!'
- 10 Celeb Confessions That Will Make You Never Want to be Famous
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People Top 5
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PEOPLE Top 5 are the most-viewed stories on the site over the past three days, updated every 60 minutes
- August 28, 2000
- Vol. 54
- No. 9
Hair Today
Braided? Faded? Falling Out? Author Diane Simon Tries to Untangle Why We Can't Leave Our Locks Alone
Simon, 30, the curly-haired daughter of straight-haired parents, says she has been plagued since childhood by a condition she suspects is common to many—"low hair esteem." A Brooklyn-based writer with degrees from Columbia and Yale universities, Simon combed through the subject with correspondent K.C. Baker.
Why are women so obsessed with their hair? Why does it exert so much power over our lives?
You might think it's just an extension of the general concern about appearance, but the fascination runs deeper: Hair is inextricably linked to how we feel about ourselves as sexual beings.
Beyond that, it's the idea that your hair can betray you. You feel that the bad things about you might be broadcast to the world through your hair. It's a piece of your heart, your inner being that shows up on the outside and leaves you vulnerable.
What do you mean by "low hair esteem"?
It's the chronic feeling that your hair—and therefore you—just won't measure up to society's expectations. There's a difference between low hair esteem and a plain old "bad-hair day." I don't feel much sympathy for Gwyneth Paltrow when she has a bad-hair day. There are so many of us who are really suffering most of the time.
Your book covers 20th-century hair from the flapper bob and the bouffant to the Afro and hippie hair. What do today's styles say about us as a society?
Hair has come to represent options and potential. Nicole Kidman and Sandra Bullock can do anything with their hair. So can Julia Roberts. She makes it straight. She makes it curly. She has a big mane one day and a sleek mane the next day. We associate options with success.
How do people come to define "good hair" and "bad hair"?
Mostly from Hollywood images, what we see in movies or on TV. That's how we decide what we want. Right now, the most coveted look is long and silky, like Jennifer Aniston and Courteney Cox Arquette Arquette. It appears so easy and free, but it often takes plenty of time and muscle and money to create that effortless look. Few people come by it naturally.
Do African-American women feel pressure to have their hair conform to the majority standard of beauty?
Historically, it's an important question. It's about defining beauty norms and how some people are excluded. Many African-American women want straight hair for the same reason I do, to fit in—and to enjoy the same options as their white counterparts with straight hair.
Are men as obsessed with their hair?
They're obsessed with hair loss. For many men, balding is synonymous with aging and a loss of virility. That's why you see so many comb-overs and wigs and men spending thousands of dollars for hair-replacement systems.
Why are some men embracing their baldness or, like Michael Jordan, simulating it by shaving their heads?
It's taking control of your head: You can't tell if I'm going bald, because I'm going to create baldness. It's a huge trend now.
How's your boyfriend's hair?
It's straight and there's enough of it. I'm often jealous of it. I have a little bit of hair envy.
More in the Archive
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It's still cold out, but Cookville is warming up for the Tennessee State HOG Rally set for May 29 to June 2, bringing about 2,000 riders – about half from out of state – to explore the Upper Cumberland.
The town bested Nashville, Knoxville and Maryville, among others, to win the event. Representatives from the Cookeville-Putnam County Chamber of Commerce and Convention & Visitors Bureau, Boswell's Harley-Davidson and the Upper Cumberland HOG chapter made the bid for the city to host it.
Businessman and Harley rider David Prowse was chosen as chairman of Cookeville's local rally planning committee, working with Gary Bagwell, rally coordinator for the state planning committee. Bagwell is a Life Member of HOG and has served as past coordinator and committee member for state rallies in Johnson City, Chattanooga and Nashville, according to the Herald-Citizen.
"We are thrilled to have the opportunity to host the rally right here in the Highlands," Prowse told the newspaper. "There are so many unique rides and places to explore, it will be hard to do it all during the rally, so we invite visitors to come back time and again."
Cookeville will be the smallest market to date to host the state rally, which is expected to bring $2.5 million to $3 million in tourism revenue. Past rallies have been held in cities such as Nashville, Chattanooga, Murfreesboro, Maryville, Knoxville and most recently, Jackson.
Posted by Holly Wagner
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At Advanced Chiropractic Clinic, Mt Zion, IL you'll find the help you need to feel and function better. Lead by Kevin D. Johnston, DC, Chiropractic Physician, Advanced Chiropractic Center offers a host of outstanding services and products to our neighbors in Mt. Zion, Decatur and the greater Macon County area. Taking new patients, ages 15 to70+ and from all incomes.
Why Not Feel Your Best? We can Provide Relief From:
"Why Live With The Pain" when you can put yourself in our hands. Let us show you why friends and family recommend us. The experience and comfort we offer is what makes us stand out and you'll notice a difference instantly.
Call us for more information or to schedule your appointment. Most new patients can be seen the same day.
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Advanced Chiropractic Center
160 Lewis Park Dr (in Lewis Plaza)
Mt Zion, IL 62549
Phone Number: (217) 864-5954
Fax Number: (217) 864-6362


text:
'Yid', an abbreviation of the old Jewish-European language 'Yiddish', is widely used as a derogatory term to describe people of Semitic origin.
But the term has been 'reclaimed' by Tottenham fans, who have been the subject of anti-Semitic abuse on account of their large Jewish fanbase, and has since become synonymous with the North London club.
The FA, however, feels the term has no place in the modern game, and has warned that its use will be treated like any other racial or prejudicial epithet.
"The FA considers that the use of the term 'Yid' is likely to be considered offensive by the reasonable observer and considers the term to be inappropriate in a football setting," an FA statement read.
"The FA would encourage fans to avoid using it in any situation. Use of the term in a public setting could amount to a criminal offence, and leave those fans liable to prosecution and potentially a lengthy Football Banning Order."
Anti-Semitic abuse is occasionally heard at football matches, mostly against Tottenham but also Jewish players, such as Israel international Yossi Benayoun, who was abused by his own supporters while at Chelsea.
Three Tottenham fans were injured by far-right hooligans in Lyon before last season's Europa League match in France, with the assailants reportedly making Nazi salutes during the incident.
But Spurs fans, many of whom hail from areas heavily populated by Jewish people, refer to themselves as the 'Yid Army', chanting 'Yids' during matches as they wear their heritage as a badge of pride.
The FA does not accept his as a mitigating circumstance, and a confrontation now seems inevitable.
- Sports & Recreation
- Soccer


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Pages_Edit_SubPanel Displays no pages.
I have three WPMS 3.04 installations and on two of them the page manager ceased displaying page listings for all blogs.
Pages do exist and can be accessed and edited via other means, but will not appear in the page manager listing.
I have overwritten WP files with fresh copies and deactivated all plugins on the affected sites without a change.
I am at a loss about where I should look for the source of this issue.
Any ideas or tips would be appreciated.
Thanks in advance,
Phil D


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U.K. Government Grilling of Diamond Just Tip of Iceberg
The U.K. government's grilling of former Barclays PLC boss Bob Diamond Wednesday is just the next step in the fallout from the Libor scandal whose ramifications are due to run for months as banks worldwide are probed for evidence of interest rate manipulation which could lead to criminal prosecutions as well as civil action.
Barclays is just one of several global banks being investigated by the U.K.'s Financial Services Authority, the U.S. Commodity Futures Trading Commission and the U.S. Justice Department's fraud section who are trying to determine whether some banks deliberately tried to skew the London inter-bank offered rate benchmark, or Libor, by deliberately submitting inaccurate data during the financial crisis.
Regulators have declined to identify all the banks involved in the probes but banks that have disclosed they are being investigated include Citigroup Inc., Deutsche Bank AG, HSBC Holdings PLC, J.P.Morgan Chase & Co. and Royal Bank of Scotland Group PLC.
Swiss bank UBS AG has said it has been granted partial immunity by certain regulators, including the Justice Department, in return for cooperating with the probe.
The U.K. bank was catapulted into the spotlight last week when it agreed to pay record fines of a total £290 million ($452 million) to settle the regulators' probe into manipulation of the benchmark.
Barclays admitted that some derivatives traders tried to increase their profits by rigging the bank's submissions. The U.S. Justice Department said the quote-rigging affected Libor rates "on some occasions."
It also said it submitted artificially low quotes to the U.S. dollar Libor panel during the financial crisis to try to protect the bank's reputation. Executives at the bank were concerned the submissions, which are published, would be seen as a sign of weakness if they were much higher than rival banks, regulators said.
In addition to negotiated settlements with regulators the investigations are likely to lead to criminal proceedings. The U.K. Serious Fraud Office said Monday it has been working closely with the FSA and will decide by the end of the month whether to bring criminal prosecutions against Barclays.
Set every day under the auspices of the British Bankers Association, Libor is one of the most widely used interest rates, affecting the cost of everything from business-account overdrafts to credit cards to mortgages. Libor rates are calculated for different currencies each day using quotes submitted by banks on a panel, based on the banks' estimated borrowing costs.
It is currently unclear whether manipulation by the numerous banks involved took place in connection with all currencies – Barclays manipulation related to its submissions to the U.S. dollar Libor and Euribor panels. Between eight and 16 banks sit on each currency Libor panel so there is every chance the scandal will dominate the global banking sector for several months to come.


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text:
Meet Dr. Serpe
He grew up in Alsip, IL, and has always gravitated towards helping others. In the past, he volunteered at a teen suicide hotline with the SWYMCA and had an original degree direction in social work. His parents provided an excellent example of healthy living by teaching him about eating well and encouraging life long exercise. Together, his parents have completed over 26 marathons in Chicago, Boston and countries as far away as Norway.
Dr. Serpe changed his degree direction away from Social Work to Chiropractic after personally going to a chiropractor for a back problem. He was encouraged by the ability of the body to heal if given the chance. After interviewing a variety of doctors (internal medicine, chiropractors, family practice, orthopedic, etc.) he made the choice to change his major. Spurred on by his conversations and impressed by the chiropractors, he enrolled and was accepted at the National College of Chiropractic.
Dr. Joseph M. Serpe, DC, has been treating patients since graduating from the National College of Chiropractic with honors in 1992. In May of 1996, he founded Serpe Chiropractic Center, SC now known as The NeuroPlus Institute.
Since graduating, Dr. Serpe has dedicated his practice to helping people with chronic conditions that have not responded well to other treatments or who have not met their recovery goals using other methods.
He is a board eligible in chiropractic neurology with over 350 hours of postgraduate study. He continues to attend monthly seminars in neurology, the treatment of various chronic conditions, functional medicine and nutrition.
He has studied under some of the top doctors in functional medicine including Dr. Datis Kharrazian, D.C., M.S., F.A.A.C.P., D.A.C.B.N., D.I.B.A.K., C.N.S., C.C.N., C.S.C.S., C.C.S.P., Dr. David Clark, D.C., D.A.C.B.N., Dr. Jeffery Bland PhD and many others. Dr. Serpe has exceptional skills in functional blood work analysis, thyroid problems, endocrinology, neutotransmitters and the brain, the non-surgical treatment of disc degeneration, herniation and bulging, as well as, specialized certification in spinal rehabilitation.
As one of only 100 chiropractors in the United States to hold a Certification as a Chiropractic Golf Specialist, Dr. Serpe brings unique talents in diagnosis and rehab to those who enjoy the game of golf and sports in general.
Post Graduate Work
- Board Eligible in Chiropractic Neurology with over 350 hours postgraduate work
- Certified Interactive Metronome Physician
- Spinal Rehabilitation
- Trained in Eyelights
- Trained in AMT-2 Core Stability Therapy
- Certified Chiropractic Golf Specialist
- Functional Blood Analysis
- Functional Endocrinology
- Neurotransmitters and the brain
- Autonomic Dysfunction
- ADHD, Dyslexia and Developmental Disorders
- Vertigo/Balance Disorders
- Stroke Rehabilitation
- Carpal Tunnel Syndrome Rehabilitation
- Fibromyalgia
- Neurologically specific adjustment techniques
Professional Affiliations
- Member of the International Association of Functional Neurology & Rehabilitation
- Member of the American Chiropractic Association
- Member of the Illinois Chiropractic Society
- Member of the International Chiropractic Pediatric Association
- Member of the National Fibromyalgia Association
Dr. Serpe and his wife Michele, live with their four children in the Fox Valley area. They are active members of Ginger Creek Community Church in Aurora. Dr. Serpe plays guitar and enjoys cycling, digital photography and spending time with his family and friends.
Catie is our office manager. She is also responsible for all billing, coding and insurance. Although Catie often works behind the scenes she is always present to help ensure that your time with our office is flawless. Catie has been with us for over 13 years and is well verse in all aspects of office operations. You can be assured that Catie will work with you every step of the way. She can be reached by contacting our office at 630-357-2299 with any questions or concerns.


text:
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1:19 minutes
Stocks opened lower after Italian Prime Minister Mario Monti announced his decision to resign. Also, FedEx is gearing up for its busiest day of the year. Plus, gas prices plunge $0.46 a gallon. Ashley Morrison reports.
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NEW DELHI | BANGALORE: The Yeddyurappa government in Karnataka, which has established BJP's toehold in the South, suffered a major embarrassment on Sunday when a minister from the chief minister's home district of Shimoga was forced to quit, following a media report which alleged that he sexually assaulted a friend's wife.
Food and civil supplies minister Harathalu Halappa resigned after a leading Kannada daily carried a front-page story which alleged that he had sexually assaulted the wife of a social worker. Mr Halappa rubbished the newspaper report, dubbing it "baseless and untrue" and saw it as a political conspiracy to besmirch his image, orchestrated by his opponents, including some from his own party, but chose not to name them.


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Lucifer is going to rock out on the next season of Supernatural. Producers...
The fourth series of the BBC's hit Sherlock won't air until 2017, but attendees at the show's
Democratic National Committee Chair Debbie Wasserman Schultz will step down following leaked internal emails showing key members of the organization speaking critical of Sen. Bernie Sanders in his primary fight...
FX's Legion trailer, unveiled at Comic-Con Saturday (July 23), reveals a series that could be the most...
The very system of democracy we use to elect our leaders has come under scrutiny in 2016, fueled by voter discontent that also has given rise to protests not seen in decades.
Democrats are hoping that any lingering rifts in the party can be healed by a Democratic convention united in opposition to Donald Trump.
The bulk of Emily Mungo's summer so far has been making sure she keeps herself on the right track for her senior season of high school soccer.
Akron Directory
Business Name
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text: A quick solution to a common problem: your MySQL server has thousands of connections, some or most are not persistent. Unless you say otherwise, MySQL will check connections hostnames against the system DNS server. While this is generally not a problem with low traffic, when you are dealing with many concurrent connections you are not only wasting cycles with DNS name resolve, you may also overwhelm or alert your DNS server/provider. The solution? Set skip-name-resolve in the my.cnf file and MySQL will run the connections off of their IP address instead of the DNS name that it resolves to.


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Believe it or not the sweet, dumure, often sultry kitten heel has been at the center of fashion controversy. A longtime favorite of mine has been seen as a fraud, neither a true heel or a flat. Some have claimed this simply stylish heel to has little to no sophistication, they've called it doudy and unflattering. There are many kitten heel haters out there and I was quite surprised to learn this as it is, in my opinion, the perfect little shoe.
This perfect little pump, also known as a "petite stiletto" became wildly popular by Audrey Hepburn, who can be revered as the shoe's ambassador. The sweet little heel has been seen on the feet of fashion icons such as Jackie Kennedy and Grace Kelly. In more recent years Michelle Obama has renewed the popularity of the petite heel and they now can be seen all over Hollywood and the streets of Manhattan from designers such as Valentino, Prada, Feragammo and Kate Spade.
The kitten heel is named such due to its short, slender height, generally under 2 iches, with a slight curve setting in the heel from the esge of the shoe. The shoe was created as an alternate to the high, uncomfortable and hard to walk in stilletto. They were also a perfect "introductory" heel for young girls. In recent years pumps and stillettos have seen tremendous popularity, but I am happy to report that the kitten heel is indeed making a comeback.
The kitten heel is, in my opinion, a perfect little shoe that can be worn with anything from jeans to a little black dress. The look is classic and timeless, sophisticated and yes indeed, sexy and demure. They're easy to walk in and look well on all body types and heights. Whether a fashion trend or not, I've never stopped wearing mine and never plan to!
Yesterday's fashion icons...
and today's fashion icons...
all photos and sources here
Modern, yet classic kitten heels...
from left to right, Kate Spade, Salvatore Feragammo, Bottega Venetta
Below, a fresh and modern take, are a few outfits that I've paired with kitten heels via Polyvore.
|"A night out on the town"
|"Cocktail Hour"
|"Perfect Transition :: Day to Night"
|"Out on the town and lunch with the girls"
What do you think of the return of the kitten heel?
Playful, stylish, sophisticated, sexy or just not for you?
Playful, stylish, sophisticated, sexy or just not for you?
Cheers it's "Friday Eve"!


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As Tablets Rise, Investors Notice
Shipments of tablets are expected to more than double over the next four years, overtaking shipments of PCs by 2017, according to the research firm Gartner, and investors are taking note.
That's because people use tablets differently than they do other mobile devices–they even use iPad minis differently than they do iPads.
They communicate and play games on their phones, but increasingly they will work and shop on their tablets, where screens are large enough to enable interesting content but small enough so that the devices can be comfortably carried around, according to Charles Jolley, a new entrepreneur in residence at Battery Ventures who's in charge of a new investment strategy called "Tablet First."
This assumes that tablets are going to change how people work and will also become the place where developers will create the most innovative applications and websites.
"Tablets are different [from phones]–they're much bigger and there's more room to do interesting things. They're not great for creating huge spreadsheets, but for communicating and organizing and reviewing" they'll work for the majority of workers, Jolley said.
He also believes retailers will target tablets because they can be loaded with content that will enable shoppers to get information on a product while they're standing in a store looking at it and then buy it on the spot.
Battery Ventures isn't the only investor that's watching tablets. Bluetrain Mobile this week raised $1.53 million from a syndicate of investors–including Polaris Partners, Atlas Venture, Boston Seed Capital and Launch Capital–for software that senses which device a user is on when he goes to a website and delivers content accordingly. The software supports mobile phones and tablets now and will soon support all mobile devices.
At Boston's Institute of Contemporary Art, a Bluetrain customer, users may browse exhibitions on their PCs, research artists while sitting at home with their tablets, and look for directions on their mobile phones as they walk to the museum, according to Bluetrain Chief Executive Steffan Berelowitz.
Also, Berelowitz said, "the touch interfaces that people love on tablets are starting to influence the way the desktop websites behave."
Jolley has had several years to observe the rise of tablets and think about what impact they might have. He joined Apple in 2006 after starting three companies, and he notes on his LinkedIn profile some of the lessons he learned along the way. "For some reason I thought it would be a good idea to build a word processor on Mac OS X because it was the only thing I could think of more difficult to sell than ice to Eskimos," he wrote about a company called Okito Software that he sold to Nisus Software in 2002.
At Apple, Jolley ran the team that built the Web experience for iCloud and MobileMe as Apple created and shipped the iPhone and iPad. He said he "got to be on the leading edge of what it was like to create tablet-first. We were writing software for iPad in a big black plastic case."
In 2010, he left Apple with technology from Apple and started Strobe, a company that was building native-style Web content for the iPad and other touch devices. (It powered News Corp.'s now defunct The Daily, among other online publications News Corp. owns Dow Jones, which publishes The Wall Street Journal). He sold that company to Facebook, where he's worked for the last 18 months on Facebook's transition from desktop to mobile-first.
Jolley is also starting a new company that Battery plans to incubate. Although those plans are still secret, office space has been set aside in case Jolley wants to bring in team members for his startup while he's still working at Battery. The plan is for Jolley to stay at Battery for about six months, with Battery having an option to invest in his startup should the firm choose.
Battery in February raised a pair of funds totaling $900 million that will back any tablet-first initiatives, according to Battery Principal Mike Dauber.
Write to Deborah Gage at email@example.com. Follow her on Twitter at @deborahgage


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Supporting Link: http://english.alarabiya.net/articles/2012/02/07/193234.html
Salafi member of the Egyptian parliament was ordered to "stop
talking and remain quiet" by the Speaker after he loudly recited the
Azan, or the Muslim call to prayer, while ministers were in session on
Mamdouh Ismail surprised fellow MPs when he stood up from his bench,
calling out "God is great … Hasten to prayer," a call usually made from
minarets of mosques.
He was met with angry remarks from Speaker of the People's Assembly,
Saad al-Katany: "There is a mosque outside for you to go and recite the
Azan in and pray in if you want.
"This room is for discussion
only. You are not more religious than us nor are you more vigilant over
prayer than us," Katany added.
Ismail received his comments with further protest, but the Speaker
retaliated with: "Do you need media attention? You are a respectable
lawyer, do you need the attention?
"I will not permit you to talk [in the session] again. Sit down," he
then ordered Ismail, to which the Salafi complied after a few angry
His microphone was silenced and he was no longer heard from in the remaining session.
Ismail said that he gave the call to prayer because it was the time of the Asr, or afternoon, prayer.
"We are not in the Vatican, this is a Muslim country, we need to pray on time," Ismail said after the session.
Muslims pray five times at set times throughout the day as it an obligatory pillar of Islam.
Ismail said that politicians had been missing out on many prayers during
the parliamentary sessions and this should be resolved.
"I had asked the Speaker several times to organize the parliamentary
sessions around prayer times, so that we do not miss them. The Speaker
agreed and said he would take action, but he never followed through,"
Ismail said.
"His reply to me was like that of a dictator, even though he was in the wrong."
Nearly one quarter of the new parliamentary representatives come from
the ultraconservative Salafi movement that follows a strict
interpretation of Islam.
The alliance led by the Muslim Brotherhood's Freedom and Justice Party took about 47 percent of the seats.
The Egyptian parliament was recently elected in the first votes since
the ouster of former President Hosni Mubarak last year after the popular
Egyptian member of parliament Mamdouh Ismail surprised fellow MPs
when he stood up from his bench, calling for prayer at a session. (Al
Side note: Egypt is a moderate tolerant country that welcomes people from all over the world before posting racist comments please make yourself familiar with the terms of service as racist comments will be removed
By: David Walters
In: Regional News, Other Middle East
Tags: egypt, salafist
Location: Cairo, Al Qahirah, Egypt (load item map)
Views: 1541 | Comments: 3 | Votes: 0 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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Egypt : Al Zawahiri and Omar Abdul-Rahman
Drought threatens life in Egypt
Egypt Islamists want to attract 20 million more Tourists, won't ban alcohol
U.S., Israel, Saudi, UAE, Jordan & Egypt in major conspiration against Iran
Peugeot Pars Assembly Line to Be Inaugurated in Egypt
At Least 5 Killed And 20 Reported Missing In Egypt Building Collapse.
Riots and Police Brutality in Egypt
At the Market with Mustafa in Luxor, Egypt.
The Beni Suef Cultural Palace's Fire Accident - Egypt
Muslim Brotherhood: Egypt-Israel peace treaty needs to be reviewed
Pottery reveals plain life in Egypt
Post-Mubarak Parliamentary Poll in Egypt


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Definition of Botox
Botox: A highly purified preparation of botulinum toxin A, a toxin produced by the bacterium Clostridium botulinum. Botox is injected, in very small amounts, into specific muscles, as a treatment. It acts by blocking the transmission of nerve impulses to muscles and so paralyzes (relaxes) the muscles. Botox treatment has found a growing number of uses from easing muscle spasms (as, for example, in spastic cerebral palsy) to its increasingly widespread cosmetic use in flattening wrinkles.
Last Editorial Review: 3/19/2012
Back to MedTerms online medical dictionary A-Z List
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ALLPORT On November 5, 2009 peacefully in Newark Hospital, Robert Joseph (Bob), aged 82. Much loved husband of Grace, father of Tricia, Janet and Rosalyn, grandfather of Jenny, great-grandfather of James, Nathaniel, Georgia and Henry. Funeral service to take place on November 13, 2009 at Sherwood Forest Crematorium at 1.30pm. Family flowers only, donations to Lincs and Notts Air Ambulance. Enquiries to Funeral Director E. Gill and Sons. NA397046
ALLPORT On November 5, 2009, Robert (Bob). Goodnight, God bless you Dad. Love to you always, Tricia. x NA397055
ALLPORT On November 5, 2009, Robert (Bob). Sleep well now Dad. God bless you. Love and miss you always. Rosalyn and Howard. x NA397064
ALLPORT On November 5, 2009, Robert (Bob). To a dear grandad and great-grandad. Rest in peace now. Love from Jenny, Mark, James, Nathaniel, Georgia and Henry. xxx NA397060
CALLINAN On November 10, 2009, died peacefully at home, Joseph. Husband to Lynn, father to Susan and Sandra and grandfather to Emma, Claire, Jonathan and Blake. He will be greatly missed. Memorial service at Holy Trinity Church, Southwell, on Thursday, November 19, at 12 noon. Donations if desired to Beaumond House or John Eastwood Hospice, C/O D. J. Hall Funeral Directors, King Street, Southwell, Notts. NG25 OEN. NA397298
COPELAND On November 8, 2009, George (Dad).
COPELAND On November 8, 2009, passed away
peacefully at home, George.
CREE On November 7, 2009, peacefully in Grantham and District Hospital, Jean, aged 73 years. Funeral service at Grantham Crematorium on Thursday, November 19 at 11.00am. Inquiries to E Gill & Sons Ltd. NA397202
CREE On November 7, 2009, suddenly passed away in Grantham Hospital, Jean. Auntie to Richard and family and John and family of Melbourne, Australia. Rest in peace. NA397224
CREE On November 7, 2009, suddenly passed away peacefully in Grantham Hospital, Jean. Will be sadly missed by Rosalie, Brian, Sarah and Emma. NA397240
CREE On November 7, 2009, Jean. To a dear sister-in-law and niece, forever in our hearts. Rest in peace, with love from Betty and Graham. NA397198
CREE On November 7, 2009, Jean. To a very special lady, who was loved by everyone and always made us smile. You will live in our hearts forever. Rest in peace. From all at Ayrshire House. xxx. NA397197
DAWSON On November 6, 2009, in North Clifton Hall Nursing Home, Heather. Wife of the late Lewis Reginald Dawson, stepmother of Andrew and Susan and sister of Hazel. Funeral service at Lincoln Crematorium on Wednesday, November 18 at 3.10pm. No flowers please, if desired a donation may be made directly to a charity of your choice. Inquiries to E. Gill and Sons Ltd. NA397211
GARDHAM On November 6, 2009, in the Oaks Care Home, Balderton, Dorothy, aged 91 years. Dearly loved wife of the late George, loving mum of Jean and David, mother-in-law of Martin and Anita, dear grandma of Sally, Laura, Jim and Tony, great-grandma to thirteen great-grandchildren. Funeral service will take place at St Giles Church, Balderton on Monday, November 16 at 3.15pm followed by interment at Balderton Cemetery. Flowers may be sent to E. Gill & Sons. NA397248
GARDHAM On November 6, 2009, Dorothy. Loving mum to Dave, mother-in-law to Anita. Mum, we knew you couldn't stay, you were such a character, you made us laugh without even trying. Reunited with your beloved George. Sleep tight, God bless. All our love, Dave and Anita. NA396989
GARDHAM On November 6, 2009, Dorothy.
GARDHAM On November 6, 2009. Dorothy. Loving grandma and great grandma. Loved and remembered always. Sally, Trev, Daniel, Aaron and Sam. xx. NA396861
GARDHAM On November 6, 2009, Dorothy. I couldn't have wished for a more wonderful grandma. From loving grandson Tony, his wife Lorna, great-grandchildren Fiona, Georgina, Callum, Stevie, Taylor and Shayni. NA396992
GARDHAM On November 6, 2009, Dorothy. Loving grandma to Jim and Catherine and great grandma to Alex, Richard, Beth and Jack. Thanks for the memories, you will always be in our thoughts. NA396837
GARDHAM On November 6, 2009, Dorothy. Dearest grandma and great grandma. Grandad came from Heaven to collect you and be reuinted once again, though our hearts are breaking, you leave behind your overwhelming love, warmth and cherished memories. We will miss you so much. Forever in our hearts. Your loving granddaughter Laura and great-grandchildren Liam, Kieran and Connor. xxx. NA396842
GARDHAM On November 6, 2009, Dorothy. I will miss coming to see you Dorothy. Lots of Love Daniel. NA396990
GIFFORD On October 27, 2009, peacefully in her sleep at home, Jenny. Dearly loved wife of Peter, much loved mother of Rik, his partner Shelley and her children Rebecca and Adam and Sue and her partner Simon. Funeral service at Lincoln Crematorium on Tuesday, November 17 at 3.10pm. Family flowers only please, if desired donations for Breast Cancer Campaign may be sent to E. Gill and Sons Ltd. NA397196
HOUGH On November 12, 2009, passed away peacefully, Eleanor, of Besthorpe, aged 86 years. For details contact J.W Hutchinson Funeral Directors. Tel: 01623 797647. NA397313
KEMP On November 4, 2009, suddenly but peacefully at home, Rita, aged 69 years. Dearly loved mother of Andrew and his partner Kate, much loved daughter of Doll, aunt of Neil and Paul and great aunt of Nikki. Funeral service at Christ Church, Newark on Monday, November 16 at 11.30am, followed by cremation at Grantham Crematorium. Floral tributes or if preferred donations for Cancer Research UK may be sent to E. Gill and Sons Ltd. NA396824
LANGDALE On November 3, 2009 peacefully in Highfields Nursing Home, Alexander James. Much loved father of Jennifer, loving father-in-law of James and dearest grandfather of Mark. Rest in peace. God bless. Funeral was held on November 10. Donations to British Heart Foundation c/o D J Hall Funeral Director, Southwell. NA397268
LAWSON On November 10, 2009, passed away peacefully in Parklands Nursing Home, Derek George, aged 79 years. Husband of the late Rose, dad of Steve and Dawn, grandfather of Naomi and Paul, great-grandfather of Edith Rose and sister to Doris and uncle to Derek. All inquiries to Lincolnshire Cooperative Funeral Services, Beacon Hill Road, Newark, Notts, NG24 1NT. 01636 703808. NA397280
LAWSON On November 10, 2009, Derek. Memories of all the happy times we shared will never fade. You will always be in our hearts. Love Dawn and Steve (fit, fit, fit). NA397315
MOLLOY On November 4, 2009, peacefully at home, John (Sean), aged 55 years. Dearly loved husband of Janice and much loved father of Simon. Requiem Mass at Holy Trinity Roman Catholic Church, Newark on Tuesday, November 17 at 11am, followed by interment at Tithe Green Burial Ground, Oxton. No flowers please, if desired donations for Beaumond House may be sent to E. Gill and Sons Ltd. NA396814
REVITT On November 10, 2009, in Beaumond House, Ron, aged 86 years. Dearly loved husband of the late Joan, much loved father of Margaret, Peter, Joy and Joanne, father-in-law of Terry, Chris and Tommy, dear grandad of Ian, Paul, Nicky, Katrina, Laura, Georgina and Rebecca, great grandad of Thomas, Pierce and Benjamin. Funeral service at Sherwood Forest Crematorium, Ollerton, on Friday, November 20 at 2.15pm. No flowers please, if desired donations for Beaumond House and Macmillan Cancer Support may be sent to E. Gill and Sons Ltd. NA397310
REVITT On November 10, 2009 in Beaumond House Hospice, Ron. A very special grandad, will be greatly missed. Rest in peace, sweet dreams. You will always be in our thoughts. Paul and Kirsty, Nick, Katrina and Richard xxx NA397283
REVITT On November 10, 2009, Ron. Our special
great grandad. We will always see you as the brightest star in the sky. Will
love and miss you always.
SIMPSON On November 9, 2009, died peacefully in the Oaks Care Centre, Jack, aged 89 years. A much loved father of Malcolm and his partner Lynda. The funeral service will take place at the Lincolnshire Cooperative Service Chapel on Thursday November 19 at 11.00am followed by interment at Newark Cemetery. All flowers and inquiries to Lincolnshire Cooperative Funeral Services, Beacon Hill Road, Newark, Notts, NG24 1NT. 01636 703808. NA397279
WEBSTER On November 2, 2009, Mary-Jo. You filled our lives with so much joy, you were very special. You always had a smile. Now you have been called so sleep tight and rest in peace. Loved and remembered always. Dad (George) and Mum (the late Betty). xxx Could you please wear red or a Liverpool shirt. All enquiries to E. Gill and Sons Ltd. NA397212
WEBSTER On November 2, 2009, very suddenly and unexpectedly at home, Mary-Jo. You went without a warning and we couldn't do a thing, you were a shining star and stood out from all the rest. To my bright and bubbly cousin, sleep tight Jo, we are going to miss you. Treasured memories always. Love Cus Dawn, Harry, Matthew and Uncle Trevor. xxx NA397207
WEBSTER On November 2, 2009, Mary-Jo.
WEBSTER On November 2, 2009, Mary-Jo. You were a very special niece, you went so very quickly we didn't have time to say good-bye. Forever in our hearts and thoughts. Uncle Philip and Auntie Nicky. xx NA397214
WEBSTER On November 2, 2009, Mary-Jo. To a very special niece, gone but not forgotten. Love always Aunty Chris, Uncle Trevor and Samantha. xxx NA397215
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Final Thoughts
Overclocking on the NVIDIA GeForce GTX 770 2GB was fairly standard. You can see quite often we're sitting around that 10% mark when it comes to extra performance. Sometimes we see around 5%, while other times we can see as high as 20%. Of course it always comes down to how well a game is able to take advantage of the extra MHz on offer.
When it comes to heat and noise, you can see both areas are barely affected. The new GTX 700 series based video cards pretty much seem to run at 80c under load and then noise seems to just go in line with whatever it needs to be to make sure that the GPU runs no hotter than 80c.
What's going to really be interesting is the performance of GTX 700 series cards from other companies, especially as they move away from reference coolers. With companies like MSI, EVGA and ASUS all offering some excellent cooling solutions, what they're able to do with the new model will be interesting. While clearly 80c isn't a problem for the new series, we wouldn't complain about it sitting a good 10 - 15c lower than that.
With cards using the reference cooler coming in at $399 and non-reference cooler costing only $10 more, you're probably going to be more than likely picking up one of these particular versions. With cards from EVGA and MSI already in my Taipei lab, we'll be bringing you the performance of them ASAP.
For now, though, if you're looking at spending around that $400 mark, the GTX 770 2GB continues to look like an impressive model. Throw in a bit of overclocking and you can see some extra performance that ranges from 5% to 20% depending on the game. We're looking for those numbers to improve even further when we look at non-reference cooled video cards soon.


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There was a time when grunge was an indomitable empire. A musical transcendence that touched and shaped all corners of popular culture. For reason abound that empire crumbled quickly, vanishing within four years of its apex, the symbolic final nail coming in the form of Soundgarden's dispersal following "Down On the Upside." The Seattle scene fell silent and the embers went dead as they were either ignored, or worse mismanaged, by the bands that followed. Grunge went to seed, living on in memory and the shadow of Pearl Jam's adaptive evolution into a popular, relevant rock band.
If you've never seen a video by the band Red Fang then you haven't lived. Since the release of their 2011 album "Murder the Mountains" they've put out one awesome video after another and their latest one if for their track "Hank Is Dead" which you can peep below followed by a couple of their other great works. I'll warn you, the video starts with the gruff gentlemen taking a shower together but don't worry it gets even more awesome after that.
I have long theorized that music in general works in cycles of twenty to twenty-five years, and that what's old can continually be made new again, like doctoring up that potato salad for one last go-around. To wit, in the 1990's, Pantera, Alice in Chains and the rest of grunge listed their influences as Led Zeppelin, Black Sabbath, Deep Purple and the classic rock of the 70's. In the 1970's, Led Zeppelin and their cohorts listed their influences as Chuck Berry, Blind Lemon Jefferson, and the blues and rock musicians of the 50's.
Red Fang's sophomore effort "Murder the Mountains" is a wonderfully experimental, anything-goes affair that approaches the mores of kick-ass rock and roll with open eyes and robust vitality.
A product of musically oft-overlooked Portland, Oregon, Red Fang inked a deal with reprise Records, and was immediately paired with known producer Chris Funk. Funk's previous experience with the Decemberists raises some eyebrows, but his steady hand makes a difference on the overall consistency of "Murder the Mountains" without changing the music's intent.


text:
Reid, sidelined for two-and-a-half months with a serious groin injury, played for almost an hour in Bradford's FA Cup replay defeat to League One promotion chasers Brentford and is expected to feature.
Striker Zavon Hines, who returned as a substitute in Saturday's league draw at Southend after a seven-match lay-off due to an ankle injury, made his first start since mid-November against Brentford and could continue in the side.
Reid lasted just under an hour at Brentford as boss Phil Parkinson ponders a string of changes, with goalkeeper Matt Duke and strikers Nahki Wells and James Hanson among those expected to return against Wycombe.
The Bantams, in fifth place, have lost only one of their last seven league games.
- Soccer
- Sports & Recreation
- Zavon Hines


text:
Buy It, Strip It, Then Flip It
The quick IPO at Hertz makes buyout firms look more like fast-buck artists than turnaround pros. Investor beware
This might go down as the year of the swashbuckling buyout. On July 24 three big private-equity players offered $33 billion to snap up hospital operator HCA Inc. in what would be the biggest leveraged deal in history.
But a much quieter event a few days earlier might be a better example of the excesses this era has wrought. On July 14, less than seven months after the private-equity trio of Clayton, Dubilier & Rice, Carlyle Group, and Merrill Lynch Global Private Equity bought Hertz Corp. from the ailing Ford Motor Co. (F ) for $14 billion, the group filed a preliminary prospectus with the Securities & Exchange Commission to sell shares in an initial public offering.
Buyout firms are celebrated for their ability to take on huge debts, buy neglected companies, turn them around over the course of several years, and sell them to public investors for huge profits. Since 2001 they have delivered to their investors annualized returns in excess of 20%, and have attracted record amounts of capital to buy even bigger companies. But the quick "strip and flip" the Hertz buyout firms are pulling off makes them look more like fast-buck artists than thoughtful turnaround specialists.
In their filing, the owners say they intend to use the new money from public stock investors to repay the $1 billion loan that paid for their dividend. They could also recoup some of the rest of the cash they put up. Regardless, they will retain majority ownership of the company after the IPO.
The Hertz group is hardly alone in its zeal to go public. Buyout firms have pocketed $9 billion this year in 32 IPOs. On average they've raised $287 million with each listing, compared with the $169 million raised by companies with no buyout firms involved. In total, their companies account for 29% of all IPOs, up from slightly less than 5% in 2000, according to Thomson Financial (TOC ).
The question is: Will the Hertz deal be good for public investors? If other recent IPOs are any indication, the answer is a resounding no. On average, the stocks of companies taken public by buyout firms this year have fallen 6%. In contrast, shares of companies that have gone public without any assistance from buyout firms have risen 0.7%. And shares of companies that make up the Standard & Poor's (MHP ) 500-stock index have gained 1%.
These are the very companies that were supposed to benefit from comprehensive turnaround plans. The secret to buyout firms' success in recent years has ostensibly been their ability to fix up struggling companies once they've been privatized, then collect windfalls after taking them public again. Private ownership allows managers to take drastic measures that aren't easily carried out under public scrutiny, such as slashing costs and shedding unnecessary assets and operations.
But are buyout firms really doing that? You certainly can't tell from the stock market performances of the ones taken public this year. Almost two-thirds are now underwater -- some deeply so. In a July 20 report following the Hertz announcement, Thomson Financial had two words for its clients considering buying shares of companies taken public by buyout firms: caveat emptor.
IPOs like the Hertz deal have fared poorly this year. The other ubiquitous consumer company to go public, Burger King Holdings Inc. (BKC ), was down 12.6% from its offering on May 17 through July 24. And another company taken public less than a year after its purchase has slumped, too: Managed care provider HealthSpring Inc. (HS ) was down 7.9% through July 24.
The buyout firms have their own investors, and it's hard to fault them for taking advantage of the accommodating stock and credit markets to grab cash when they can. But what keeps enticing investors to buy into these IPOs? The hope of good long-term performance, it seems. Soon-to-be-released research by professor Josh Lerner at the Harvard Business School will show that in the last two decades, companies taken public by buyout firms have outperformed other IPOs and the major market indexes. That's because buyout firms usually take three to 10 years to carry out the sort of operational improvements that could justify their huge payouts in IPOs.
But the Hertz trio has owned the company only since Dec. 20. The new chief executive, Mark P. Frissora, formerly chairman and CEO of auto parts supplier Tenneco Inc. (TEN ), reported to work on July 19 -- five days after the IPO registration was filed. He's the first Hertz CEO who hasn't come from within the company or the industry, notes Neil Abrams, a rental car industry consultant and former Hertz executive. Since the buyout firms took over in December, the only substantial operational change Hertz has made is to hold customers more accountable for dings and dents, says Joe Brancatelli of Joesentme.com, a frequent-traveler Web site.
What the buyout firms can do quickly is use their financial might. The Hertz trio easily delivered money Ford craved. And before the purchase closed, the buyers arranged to take advantage of the strong demand for fixed-income investments by securitizing Hertz rental cars. In other words, they hocked the cars and raised $6.1 billion toward funding the buyout -- on better terms than if they had borrowed in the junk-bond market, as was common in earlier buyout waves.
The trouble is, putting up assets as collateral reduces a company's financial flexibility. That's one reason Standard & Poor's (MHP ), the credit-rating agency, downgraded Hertz from investment-grade to speculative, or junk, status after the buyout. S&P says Hertz has pledged two-thirds of its assets now, vs. just 10% before the buyout.
Hertz will need flexibility as it faces a backwash from the troubles at Ford and General Motors Corp. (GM ) As the automakers cut production capacity, they're not unloading cars to the rental companies as cheaply as they once did. Hertz says its costs won't be nearly as predictable in the future. Already, higher car costs from Detroit have pushed Hertz' depreciation costs up 17% for 2006 models. The business is also at risk of higher oil prices pushing up airline fares and reducing air traffic. About 72% of Hertz' car rental revenues come from airports. And the new LBO debt will hurt. Hertz' first-quarter interest expense jumped 112%, prompting a net loss of $49 million, compared with net income of $21 million a year earlier.
Hertz' new owners do have plans to strengthen the business. One strategy: to boost rentals away from airports. Such operational improvements should lift profit margins, which are down from 2000 levels, according to the preliminary prospectus. And Hertz, the world's second-largest rental car chain after Enterprise Rent-A-Car Co. with 7,600 rental locations in 145 countries, notes that it's one of the world's best-known brands. With that kind of base, the buyout boys should have room to turn around the company they've been so quick to load up with debt. Eventually.
But in the meantime, be careful how much you pay them for their shares. If Burger King and the other IPOs are any indication, Hertz' stock might stall out just after hitting the public freeway. "Buyout firms sell when they can," says veteran money manager Michael Holland at Holland & Co., who was a partner at the Blackstone Group before setting up his own shop in 1995. "You have to overcome the initial skepticism about the fact that a smart person is selling something." Caveat emptor indeed.
By David Henry and Emily Thornton, with David Kiley in Detroit


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The Official Greeter of the North
A really common bird in the lower 48 is the Greater Yellowlegs. Like nearly all shorebirds we see in the winter, the Yellowlegs is a gray, drab bird that the vast majority of the time get ignored. Gray and tan is, gray and tan. But once they get up north to their breeding grounds, they are simply spectacular! So whenever we see them, we get out of the van and set up the gear. Setting up the gear is a ritual we all now do in our sleep. You do it that much since you can't drive down the dusty roads with it set up to go. It only takes seconds (unless you're using flash than add a couple of seconds) to get Gitzo 5561SGT w/ Wimberley Head(w/ RRS Quick Release mount attached) is the Nikon 800f5.6 AFS (w/TC800-25e) and D4 in place to shoot.
One of the really cool things shorebirds do up in Churchill in spring is to top the small Spruce trees. Be it to get a view of their territories, rivals, potential mates or predators, up they go. The thing of it is, they don't have the feet to perch so it's a balancing act the entire time. That's where the fun begins. This is when the motordrive really helps.
And then are those times when you have a cool scene but not the greatest light. That's when the SB-900 / BetterBeamer / SD9 comes out. You lose your motordrive because the flash just doesn't have the power to keep up with motordrive, so you have to pick your shots. You gotta watch and when you see the preening or just standing up, you know a wing stretch is coming. You either take off your teleconverter (which means you keep the caps in your pocket all the time) or move back so when the wings go up, you don't cut them off. Moving back lower your flash power so I go with the removing of the teleconverter which means you now have power for two shots rather than one. But no matter where you are, when you stop and roll down the window, you will hear the Greater Yellowlegs calling. Who I think of as the official greeter of the north.