text:
TCEQ approves penalties, work plans for Exide Technologies
The Texas Commission on Environmental Quality unanimously approved the agreed order for Exide Technologies at its meeting in Austin this morning.
The order assesses $592,868 in penalties for 12 violations found at the Frisco plant in 2011. It also requires Exide to make certain changes to address some of those violations at the plant, which closed in November. One of the more contentious items involves the plant's nonhazardous waste landfill, where inspectors found hazardous levels of lead and cadmium.
Both contaminants were produced during the recycling of used vehicle batteries over nearly five decades of operations at the plant. Cadmium is a known carcinogen. Lead causes a multitude of health problems. In children, it has been linked to lowered academic achievement, learning disabilities and behavior problems.
The plans included in the order today call for removing the hazardous waste in the landfill, re-treating it until it is no longer hazardous and then disposing of it again in the landfill. Groundwater monitoring is also planned.
Frisco resident Karen Baker and several of her neighbors had submitted detailed comments opposing the order and the way the landfill was being handled. Exide has since responded in writing, with several changes being made in response to those comments. Baker testified at Wednesday's hearing, asking that commissioners delay the vote so that residents could review Exide's revisions and make further comments.
"I came all the way from Frisco today to personally convey our great disappointment and frustration over what seems to us as a callous disregard for public involvement relative to the proposed cleanup process," she said.
But TCEQ staff said the agreed order is set up to allow for changes based on public comments. The process was working as it was intended, they said.
They also noted that the work in the agreed order was meant to address the violations found and to bring the company into compliance. Further public comments would be allowed as cleanup of the plant property – and closure of the landfill – progresses.
Exide is posting its plans on its website and has scheduled a public meeting for 7 p.m. Feb. 6 at The Depot at the Frisco Heritage Center for a progress report.
Commissioner Bryan Shaw said he appreciated Baker's concern and encouraged her to remain involved as the process goes forward. "This is important that it's done properly for the little ones, for our children and for our grandchildren," he said.


text: Enter the Jam The 10th Arduino-Jam: starting at the 7th of October 2016 at 17h00 end ending 48 hours later on the 9th at 17h00. We ask a small fee of €40 for drinks, food, some snacks, insurance, a dry place to sleep and a very nice place to jam for 48 hours. This includes: * breakfast: Saturday and Sunday * lunch: Saturday and Sunday * diner: Friday, Saturday and Sunday We kindly ask you to pay in advance. Once you filled out this form, we will send you an email with our bank account number, so you can make the transfer. Having paid, means your registration is final and secured. If you're under 18, your parents will need to sign a document. * Name * Email * I'm under 18, please email me a document for my parents to sign. Yes No, I'm older I'm joining for the Arduino OR Arduboy JAM Arduino Arduboy * Spam-protection

subset: commoncrawl


text:
Got My Lcd Today!
Posted 31 March 2007 - 01:37 AM
Posted 31 March 2007 - 01:50 AM
Posted 31 March 2007 - 03:45 AM
in person it looks alot worse than it does on cam.
Posted 31 March 2007 - 03:54 AM
It's in the settings blade.
Posted 31 March 2007 - 04:07 AM
Posted 31 March 2007 - 04:15 AM
^Can you get to that screen? It's gives a different screen when you use component. You have VGA so nevermind.
Your first problem is choosing denver as your favorite team
Seriously though, I could see the two e's. Don't really know what the problem would be.
My guess would be the madcatz cable
how does it look when you hook it up to your comp?
Posted 31 March 2007 - 04:52 AM
Posted 01 April 2007 - 07:32 AM
After doing some research I found out the problem was because of its native resolution/aspect ratio of 16:10. xbox 360 doesnt support 16:10 aspect ratio which is BS FU*K M$. Even tho it only supports 16:9 aspect ratios most 16:10 monitors come with 1 or 2 16:9 resolutions but mine didnt. So imma get that sceptre instead.... and as you can see it has compatible resolutions listed that will work with the 360. Plus its got 1080p with hdcp so i can watch hd-dvd on it.
Posted 09 April 2007 - 01:42 AM
Then in fine print it said "DO NOT WRITE RMA # ON MANFACTUARE BOX OR WE WILL NOT RETURN" (which i did not see until after i shipped back) Ok so they expect you to buy an extra shipping box and write the RMA # on that box! Not the box they sent you the product in because it is the "MANUFACTURES BOX" They noticed tha small (TINY) detail but instead of rejecting the return, they just decided to charge me a $30 restocking fee!!! FUKK THEM BCHES, in other good news however I orded a Samsung 906BW quick specs are...
19" widescreen lcd
2000:1 contrast ratio
2ms response time (GTG)
1400x900 max resolution
I will take pics when I recieve this monitor and maybe a vid. on how gameplay is on da bitch, cause i KNow you MFERS interested in what Youloseagain is up to !
Posted 09 April 2007 - 02:23 AM
Broncos OWN YOU!
Posted 09 April 2007 - 03:59 AM
I hope the samsung works out for you. It has a nice contrast ratio.
Posted 09 April 2007 - 04:07 AM
More than likely, you're going to be getting ~500:1 ratio and ~20ms, like every other decent home/hobby monitor out there.
Heh Heh, just noticed pretty much every other thread in this forum mentions this..
Edited by gainpresence, 09 April 2007 - 05:39 AM.
Posted 09 April 2007 - 01:11 PM
This monitor is just for temporary purposes eventually IM gonna just buy a BRAND NEW LCD HDTV 1080p (when my grandparents die and I inerherant lots of $$$$$$$$) hopefully they'll die soon.
Posted 09 April 2007 - 08:58 PM
Posted 21 April 2007 - 06:43 AM
0 user(s) are reading this topic
0 members, 0 guests, 0 anonymous users


text:
All Items : Antiques : Regional Art : Asian : Southeast Asian : Pre 1900 item #18619 (stock #116AAA)
This finely crafted Indonesian betel nut box is the finest I have ever come across. The strapwork decorated body is in clearest white paktong, an alloy of copper, nickel and zinc much favored as a tarnish-free silver substitute by British silversmiths in the Eighteenth Century. There are three compartments inside for the betelnuts and the lime and betel leaves necessary for chewing them. Indonesian, Nineteenth Century. Approximately 7-3/4 inches long by four inches wide by 2-3/4 inches high....
All Items : Antiques : Decorative Art : Folk Art : Pre 1837 VR item #18617 (stock #115AAA)
A handsomely simple scrimshaw drinking cup, possibly French prisoner-of-war work, is this flawless example graced with a silver rim and twisted silver handle. Circa 1840. Approximately four inches tall by 6 inches at the widest.
All Items : Antiques : Decorative Art : Ceramics : English : Pottery : Pre 1837 VR item #18602 (stock #112AAA)
Gargantuan in scale, this handsome item, marked simply "Ironstone China," is the only one like it I have ever seen. The octagonal shape and heavy base would seem to rule out use as a drinking mug, so maybe it served for warming or cooling a bottle. Boldly decorated in "Imari" style patterns of dark blue, iron-rust red and light blue, highlighted with copper luster and a bright green handle, it is truly impressive, English, circa 1820. Mint condition. Approximately 4-1/2 inches high ...
All Items : Antiques : Decorative Art : Organics : Wood : Pre 1837 VR item #18271 (stock #111AAA)
Here is an excellent example of Georgian handicraft: a penwork stationery box of simple black and gilt borders surrounding transfer scenes of a stately building, a fantasy London, a village and a holiday market square. In very fine, aged condition, it retains its original gilt fittings, its well-preserved wallpaper lining, even its original key. It is only a shame that the billets doux it no doubt harbored are no longer contained within. English, circa 1810. Approximately 6-1/4 inches by 10 ...
All Items : Antiques : Decorative Art : Metals : Silver : Sterling : Pre 1900 item #17339 (stock #110AAA)
During the Age of Opulence that followed the Civil War, Gorham Manufacturing Company often produced silver that exemplified the over-the-top taste of the day, a mad clash of historical styles that could often fit together somehow. Here, however, is a lovely sterling silver compote in pure classical design, and with a date-mark of 1873. Aside from the upwardly sweeping elegance of the reverse trumpet base and the generous flat bowl, the only design elements are simple fillets, the uppermost bou...
All Items : Antiques : Decorative Art : Metals : Silver : Sterling : Pre 1800 item #17333 (stock #107AAA)
This is a fine, heavyweight cast sterling silver tripod salver in elegant George II style, its gadrooned border in strongly detailed English rococo curves and shells. The central field is emblazoned with contemporary crested and festooned arms; the feet are in finely crafted Spanish style. Made in London in 1765 to 1766, and weighing approximately 17 ounces, it bears the hallmark of Thomas Hannam and John Crouch (or John Carter). The condition is very fine, with no damage and wear that is con...
Now retired from painting, Micheline Rodolphe Rousseau, was the nom- de-brosse of a witty and charming Frenchwoman who delighted us for years with her scenes of France of the Belle Epoch. It is almost as if she said, "Reality, don't enter here!" This is one of her best, the gathering of a group of fin-de-siecle "sportifs" at a cycle shop, a common sight before bikes and tires were made stronger. (Interestingly, the board's verso reveals a preliminary pencil sketch of another approach to the scen...
All Items : Antiques : Decorative Art : Ceramics : English : Pottery : Pre 1837 VR item #16180 (stock #94AAA)
Well, we've all heard of pink elephants, and some of us have seen a few, but here is a charming couple of other rosy critters. Flanking this handsome, generous copper luster jug are a pink luster spotted dog and a champion pink luster sheep, both in very high relief. Between them, under the jug's lip, is displayed a scrolly-legged epergne overflowing with wildly colored flowers. The copper top and bottom sections offer bold contrast to the blue ground of the central frieze. Condition is ...
All Items : Antiques : Decorative Art : Ceramics : English : Pottery : Pre 1837 VR item #16173 (stock #93AAA)
Detailing of jugs of this sort is rarely so fine, but here the artist has attempted life-like shading and veining on the flowers and leaves that adorn both sides of this piece. The whole of the bulbous body is lavish with copper luster, which covers the finely molded rim of grapevines, the fluted lip and the graceful handle. Superb condition. English, circa 1830. Approximately 5-1/2 inches tall and seven inches across at the widest diameter. (For another example of this ware, please see Tro...
All Items : Antiques : Regional Art : Asian : Chinese : Stoneware : Pre 1800 item #15976 (stock #87AAA)
This exceptional pair of figures depicts the Buddhist lions (shishi or foo dogs) that represent the male and female principle of balance and protect sacred places. In exceptionally hard black granite they are carved in fine detail, he with the brocade ball beneath his front paw, she with a puppy beneath hers. Similar pieces from the treasure junk Tek Sing were recently sold at auction. Chinese, late Eighteenth to early Nineteenth Centuries. Approximately 5-1/4 inches tall by 4-1/2 inches long...
All Items : Vintage Arts : Decorative Art : Metals : Silver : Sterling : Pre 1960 item #15245 (stock #85AAA)
The charm of this generously sized sterling silver bowl is its simplicity. The only ornamentation is a beautiful torqued band running almost free-standing around the rim. Of excellent weight and condition, it bears the hallmark of Towle. Made around 1940 to 1950. Approximately ten inches in diameter and 2-1/2 inches deep.
All Items : Vintage Arts : Decorative Art : Metals : Silver : Coin : Pre 1920 item #15244 (stock #84AAA)
Very South-of-the-Border are these two tripod cups which combine design elements of the Old World with Aztec traditions. Shaped rather like braziers, the bodies are topped with a collar of paneled flutes, the feet are like upside-down lion's-paws and an acorn finial drops from below. Marks are the old Mexican spread-wing eagle tax stamp, the maker's mark (?), a purity indication of 900 and "Mexico." Early Twentieth Century. Excellent condition and heavy weight. Approximately four inches in d...
All Items : Antiques : Decorative Art : Metals : Silver : Sterling : Pre 1900 item #15241 (stock #82AAA)
Rather like something out of "The Last Days of Pompeii" is this wonderful sterling silver tripod tazza, with its Neo-Classical and Psuedo-Renaissance elements combined in great style. Attached chains and pinecones hang between a collar below and a pierced one above with ginko leaves. There is an exquisite monogram very much in the style of the tazza. Gorham Manufacturing Company, date mark for 1870. Superb condition. Approximately 5-1/4 inches high by 6-1/2 inches in diameter.
All Items : Antiques : Regional Art : Americas : South American : Handiwork : Pre 1837 VR item #15240 (stock #81AAA)
Carved out of solid silver in fine detail is this charming little beast of burden, with his two paniers for offering toothpicks, Andean work of the late Eighteenth or early Nineteenth Centuries. Condition excellent. Approximately three inches long by 2-3/8 inches wide by 2-3/4 inches high.
All Items : Vintage Arts : Regional Art : Americas : Pre 1940 item #15219 (stock #75AAA)
A beautiful heavyweight ice bowl by the prestigious San Francisco silversmiths, Shreve & Co. In simple flattened globe form with an ogee base, its only decoration is graduated banding near the edge and foot and fine strapped handles. The engraved initials are "J.O.M." (J.Ogden Mills, prominent San Francisco figure) echoing the style of the handles. Superb condition. Approximately 6-1/2 inches by 7-1/2 inches. Circa 1930. Approximate weight 14 ounces Troy.
All Items : Antiques : Decorative Art : Glass : English : Pre 1800 item #15215 (stock #74AAA)
A rare example of Bristol glass of a fine, lustrous opaline color with a classic baluster urn shape and fine overall designs in gilt of cornucopiae, festoons,etc. Excellent condition, with only minimal wear to the gilding at the top of the finial. England, circa 1775. Approximately 11-3/4 inches tall by five inches in diameter at the largest part.
This oil on artist's board, by noted American Impressionist Adolf Berson, portrays a winter day in Montmartre, with two figures walking down the hill between low buildings and fences, the famous windmill of la Galette rising in the background. Signed in lower right corner "Berson." It is inscribed on the back, "Moulin de la Gallette (sic), Paris Snow, 1926." It is in excellent original condition. Approximately 5-3/4 inches by 8-7/8 inches, 8-1/2 inches by 11-1/2 inches framed. BERSON, Adol...
All Items : Antiques : Decorative Art : Metals : Silver : Continental : Pre 1700 item #15033 (stock #70AAA)
A rare example of High Renaissance metal craft is this small oval platter, hand repousséd brass with a heavy coating of silver which was then carefully polished to simulate the real thing, all this in a time when labor was cheap and silver the main expression of status. The central scene is chinoiserie, an oriental court tableau of a potentate and his consort being serenaded by a standing figure playing an enormous trumpet. Oh, what joy! The condition of the thing is very good, its only not...
All Items : Antiques : Regional Art : Asian : Japanese : Porcelain : Pre 1700 item #14938 (stock #69AAA)
Here is a magnificent charger which balances bold authority with delicate detail. Around a central medallion of the Three Friends -- pine, prunus and bamboo -- in gilt-highlighted underglaze blue with red-touched border are panels of deep blue and lustrous gilding alternating with lively scenes of flowers and rocks visited by butterflies and phoenixes, symbolizing good fortune. The back is decorated with underglaze blue Buddhist horns and cloud-surrounded red and gilt cartouches. A red commend...
All Items : Antiques : Decorative Art : Metals : Brass : Pre 1800 item #14937 (stock #68AAA)
An exceptionally fine piece of Dutch East Indian metalwork is this large, handsomely shaped and engraved punch bowl made for the European market. The outer surfaces have a fine, polished golden color, while the interior and bottom have the patina of old bronze. Over much of the outside are designs of trails of foliage, diaper patterns and stylized leaves on a punched ground. It is in very fine condition, and measures approximately 8-1/2 inches in diameter and 3-1/2 inches high. Circa 1740 to...
All Items : Antiques : Decorative Art : Ceramics : English : Pre 1800 item #14831 (stock #67AAA)
One of two versions of the this bust of William Shakespeare that we possess (see Trocadero Item #14819) by Enoch Wood (1759 to 1840). In this one he is a brunet with a tan and gray cloak, a rather florid complexion and a gilt locket at his throat. Molded into his back is "Shakespere," I guess so we shouldn't mistake him for Vincent Price. Superb condition with some crackling to the skin tones. English, circa 1800. Approximately 8-1/2 inches high by six inches wide by 3-1/2 inches deep.
All Items : Antiques : Decorative Art : Ceramics : English : Pre 1800 item #14819 (stock #66AAA)
This is one of two versions of this Enoch Wood (English, 1759 to 1840) bust of the Immortal Bard that we have on hand. (See Trocadero Item #14831) It is amazing what a difference the enameling can make! This model is cloaked in bright leafy green that contrasts nicely with his rather more matte yellow shirt and marbleized plinth. His hair and beard are red and he has eyebrows that would make Joan Crawford sick with envy. English, circa 1800. Mint condition. Approximately 8-1/2 inches high...
All Items : Antiques : Regional Art : Asian : Chinese : Pottery : Pre AD 1000 item #14780 (stock #65AAA)
This stately pair of steeds of an unusually large size until recently graced the tomb of a Chinese dignitary of the Han Dynasty (202 B.C. to 220 A.D.) Despite their great age they are in wonderful original condition, their slip-painted details mostly intact. Objects of this sort usually suffer from overhandling or overcleaning, but these were recently excavated and handled only with gloved hands. (With them comes a complimentary pair of museum gloves for that purpose.) Approximately 8-3/4 in...
All Items : Antiques : Regional Art : Asian : Japanese : Porcelain : Pre 1800 item #14717 (stock #63AAA)
This a beautifully designed bowl that features a central roundel of a ladies tending to the cocoons of silkworms after they have been treated for unwinding. Behind the scene are arranged two overlapping squares rather like piece of silk, one gold with cranes flying over the sea, the other a diaper pattern of deep green and red emamel, both bordered with enamel black. Peaceful hills with trees and buildings surround with enamels of green, pale aubergine and soft yellow. The fabrics and hills r...
All Items : Antiques : Regional Art : Asian : Japanese : Porcelain : Pre 1900 item #14716 (stock #62AAA)
This snowy bowl always remind me of Christmas: the deer on the hill beneath the pine boughs seem to looking skyward for a star. The blue underglaze designs are intricate, but very soft and only confined to a central trellis-like medallion and a border on the bottom; it is relieved by bold red enamel rectangles and turquoise-surrounded roundels of phoenixes. The gilding is lavish yet restrained. Japan, circa 1860. Excellent condition. Approximately 11-3/8 inches in diameter by 3-3/4 inches de...
All Items : Antiques : Regional Art : Asian : Indian Subcontinent : Kashmir : Pre 1800 item #14700 (stock #58AAA)
An intricate fabric printing block from northern India handcarved from rosewood in a design of repeated stylized flowers and borders. A very similar piece is illustrated in Edward Pinto's "Treen and Other Wooden Bygones" as being from Macclesfield, where Indian designs were incorporated onto printed silks. Eighteenth Century or early Nineteenth Century. Excellent condition, with an interesting copper repair to the very end of the interlock design.
All Items : Antiques : Regional Art : Middle Eastern : Metalwork : Pre 1700 item #14645 (stock #56AAA)
An unusual example of of Persian metalwork -- possibly crafted in China for the Persian market -- in a graceful form. The widely flared top portion is deeply fluted and bears finely detailed engraving of flowers along its lobated edges. The uneven number of sections indicates that the piece was hand wrought, not cast. The bulbous body, also delicately engraved with floral motifs, has a plain collar above and an ogeed base below. Of thick gauge, the vase is formed of paktong (or tutenag, an a...
All Items : Antiques : Decorative Art : Metals : Silver : Plate : Pre 1837 VR item #14366 (stock #51AAA)
You might have seen an identical pair of these on the BBC "Antiques Roadshow" a few seasons ago. The expert was viewing a woman's lifelong collection of scissors and scissor-like implements, and these he would not let out his hands! (I wonder if she got them back?) They really are fascinating: you open the chamber to receive the burnt wick, and when you close it, a guillotine rises up and chops off the used part, thus containing it and the acrid smoke. All in close-plated steel, the sleek de...
All Items : Antiques : Decorative Art : Glass : Pre 1900 item #14196 (stock #49AAA)
Tall and glamorous, this finely crafted glass overlay vase is a real tour de force. The underlying white glass layer lends a varied luster to the turquoise blue, rather like ancient Persian glazes. The tall-necked baluster form of the piece and the intricate palmate and dotted designs enameled on the surface, echo this appeal to Orientalism. There is a hallmark that I have not deciphered, a script letter "A" in an artist's palette. English or Continental, circa 1880. Condition is almost min...
All Items : Antiques : Regional Art : Asian : Japanese : Earthenware : Pre 1900 item #13814 (stock #33AAA)
This highly decorative shallow bowl, a major product of the Seto kilns, depicts the encounter of a beautiful and elegant Japanese woman and fierce-looking bearded man with some sort of evil intent in mind. Oh, you know the story... Well, frankly I don't, but if I find out, I will write it in. Anyhow, the whole thing is illustrated in elaborate colored enamels and gilt on the finely potted body with a crackled glaze. The condition is excellent, with only one small firing bubble that has burst (s...
All Items : Antiques : Instruments and Implements : Writing : Pre 1900 item #13655 (stock #29AAA)
A charming Napoleon III letter seal of machine-turned bone and chiseled silver, French of around 1870. It is in beautiful condition, with no breaks or cracks. The initials "PG" are carved into the silver bottom, which also bears the hallmarks for France after 1848. Approximately 3-5/8 inches in length and 1-3/8 inches in diameter at the top.
All Items : Antiques : Decorative Art : Metals : Silver : Pre 1900 item #13651 (stock #28AAA)
Esthetic Movement butter knife of simple, elegant shape, its only decoration being bright-cut engraving, the top made to resemble anthemion-topped moulded flatware, and a japonesque diagonal-banded design with a spray of marsh flowers on the blade. Initialed with a Gothic letter "P" (could be anything)and hallmarked "Dexter & Haskins" (untraced). Excellent condition. See Trocadero Item #13648 for similar silver.
All Items : Antiques : Decorative Art : Metals : Silver : Pre 1900 item #13648 (stock #27AAA)
A charming set of five sterling silver teaspoons skillfully crafted by a silversmith or jeweler without a mould for elaborate flatware. Each of the spoons, initialed "PBT" in script and dated "'92" through "'96," are bright-cut engraved with designs to suggest anthemion-crested cast ware. The stem above the bowl is torque-twisted. Marked only "925 sterling 1000." Mint condition. Each approximately 6 inches long. See Trocadero Item #13651 for a similar butter knife.
All Items : Antiques : Decorative Art : Organics : Pre 1900 item #13647 (stock #26AAA)
Made more for whimsy than for actual use, this folding set of bone implements must have given some sailor hours of creative amusement. The tapered body, decorated on both sides with color-filled bull'-eyes, encloses a fingernail scraper, an awl and a pretty deadly ear cleaner. The bottom has a rounded notch and the business end is crudely shaped to resemble a whale or walrus. American, circa 1800 to 1825. Cf.: McManus "A Treasury of American Scrimshaw" (Penguin Studio), p. 140. Excellent co...
All Items : Antiques : Decorative Art : Organics : Pre 1800 item #13642 (stock #25AAA)
A delightful Louis XVI tortoiseshell etui with pique-d'argent inlays in the form of classical festoons and stars. On either side is an oval lozenge , one of which bears the initials "LAW." Originally, it would have held a pair of dainty scissors of some other personal conceit, but now could serve as a pillbox or matchbox. The condition is superb, with only a minute separation on one side where the tortoiseshell meets. Tapering form, approximately 2-3/8 inches by 1-5/8 inches at the top by 1/...
All Items : Antiques : Decorative Art : Metals : Silver : Continental : Pre 1837 VR item #13641 (stock #24AAA)
A finely detailed and hefty snuffbox in the Louis XVI-Empire style decorated on all surfaces with classical designs of lambriquins, fronds, flambeaux and a pair of shields among leafy borders and imbricated panels. On the bottom there is engraved in the central lozenge "MA" in probably contemporaneous script with added above and below it in light Roman letters Presented to" and "By S. Berwin, June, 1916." The beautifully preserved vermeil interior bears on the lid the Austrian purity mark of "...


text:
Munson Township, Ohio - Too many weapons on offense, tough defense, too much speed.
That was the story of Saturday's Division III, Region 9 semifinal playoff game, as sixth-seeded St. Vincent-St Mary rolled to a 49-23 win over No. 3 Notre Dame-Cathedral Latin at Lion Stadium.
Among quarterback Clayton Uecker, running back Parris Campbell Jr. and wideouts Fransohn Bickley and Jordan Hargrove, the St. Vincent-St. Mary offense has a number of ways to attack a defense. In this game, they put all those weapons to work, with Campbell Jr. and Uecker leading the way.
Uecker was 16-of-27 for 349 yards and four touchdown passes, while Campbell found the end zone four times, including a 58-yard touchdown run on the first play from scrimmage that set the tone early.
"We knew we were fast, and Parris has speed and he obviously used that tonight," St. Vincent-St Mary coach Dan Boarman said.
Campbell carried eight times for 129 yards and three touchdowns, and caught two passes for 60 yards and one touchdown. Bickley added 114 yards and two touchdown receptions, and Hargrove caught three passes for 70 yards and one score.
The Irish offense showed its big-play, quick-strike capabilities several times during the game, racking up five plays of 40 or more yards for the game. Three of their scoring plays came on plays of 50 or more yards.
"We did what they gave us," Boarman said. "They packed the box, so we said, 'OK, try to catch us on the outside.' "
While St. Vincent-St Mary's offense was rolling, the Irish defense was also dominating and swarming to the ball. They kept the NDCL offense on its heels for most of the game, and the Lions struggled to find ways to move the ball consistently.
"It's pretty typical of a lot of our positions, and when you look at it defensively, I don't think they could handle our speed defensively either," Boarman added. "Going into this game, we knew that would be a problem for them."
"I think we've played defensively two bad quarters all year," Boarman said. "One against Mooney and one against Massillon.
"Defensively, we've played really well, really solid."
NDCL (8-3) was led by Nicholas Evans, who carried 19 times for 103 yards. Quarterback Robbie Nash was 12-of-26 for 119 yards and one touchdown, and added another touchdown on a one-yard run late in the game.
St. Vincent-St Mary (9-2) advances to the semifinals of the Division III, Region 9 playoffs, and will take on seventh-seeded Hubbard, who knocked off No. 2 Niles McKinley.


text:
Miranda Lambert's trip down an Oklahoma highway turned into a life-saving mission for one lucky pup. However, he's one of many in Oklahoma who needs a second chance.
No email address was supplied by
To complete your registration on this site, please supply an address.
Please confirm or modify the email address to which you will have subscription offers sent.
For a more personalized experience, please supply the following optional information.


text:
Command Center 6 Foot Equipment / Floor CartProduct #473165 Command Center 473165 MCF Podiums & Transport https://www.esnapw.com/rses/ESnapServlet?MerchantNumberSent=63655
- Write a Review
- Seen a Lower Price? Click Here.
45 day price guarantee, 45 day return policy, 100% secure shopping
- Buy New
- Alerts
Item Note:
This product has been discontinued but may be available as a Open Box item.
Similar Items
Whether you need a cart to take your guard floor to the gym or your equipment out to the football field, we got you covered. This great little cart has a tremendous strength and will maneuver through any doorway.


text:
10/21/16 - 10/22/16
Explore the wonders of the ocean at Birch Aquarium at Scripps. Perched on a picturesque bluff in La Jolla, the aquarium features 60+ tanks of colorful marine life, including dazzling coral reefs, thrilling sharks, undulating jellyfish and three outdoor, living tide pools. An interactive museum showcases research discoveries on climate, earth and ocean science.
Current Exhibits
Make a Difference
Birch Aquarium is the public exploration center for world-renowned Scripps Institution of Oceanography at UC San Diego. Your visit helps support our efforts to keep the ocean thriving through conservation and the education of visitors and children.


text:
This letter is in reference to Sue Richards and her letter of July 30th concerning locating a large bookstore to a downtown location and sharing it with local colleges.
We are fortunate in Williamsport to have an excellent bookstore serving the local community. I have utilized this bookstore over the years and their service is excellent. You may even purchase a book by phone and have it delivered to your home typically win the same day. In addition, coffee shops are plentiful in the city and one may easily purchase a cup and browse the downtown bookstore at anytime. Programs for readers are often held at Otto's including readings and signings. In terms of cities and towns that have attracted large chain stores to their downtowns in cooperation with colleges, it should be noted that those colleges are in the immediate vicinity of the downtowns.
This would be an example of Bucknell and Wilkes. In Williamsport, while both colleges are located near the downtown, neither is an actual downtown college where students would view the city as part of their campus. Chain bookstores do have a place. Usually, as in the case of Williamsport, it is located at the shopping mall. But, a small, personal, locally-owned bookstore has a special place in my heart and can easily attract any avid reader such as myself.
I wish Otto's continued success in Williamsport.
Jackie McGinnis Schulze
Submitted by Virtual Newsroom


text:
The Rise of the Close Corporation and the Making of Corporation Law
Harwell Wells
Temple University - James E. Beasley School of Law
Berkeley Business Law Journal, Vol. 5, 2008
Temple University Legal Studies Research Paper No. 2008-65
Who makes corporation law? The study of corporation lawmaking has been a lively area in recent years, but scholars have limited their studies by focusing on only one kind of corporation law, the law of the public corporation. This article takes a new approach to the question through a legal historical case study of the law of the close corporation. Corporation statutes in the first half of the twentieth century were crafted by legislatures to fit public, not close, corporations. Close corporation participants found the standard-issue mechanisms provided by these statutes unsatisfactory, however, and sought instead to organize their firms through private agreements among themselves. Such agreements were common, but courts would void them if they diverged too far from corporation law's statutory norms. This created a process in which close corporations adopted, and judges later approved (or disapproved) a range of agreements and arrangements designed to privately order the close corporation; in the end, this incremental back-and-forth produced a common law of close corporations. Only after the development of a common law of close corporations did legislators change corporation statutes to further legitimize close corporations' special agreements. This account challenges our understandings of how corporate law is made, for it shows that close corporation law was made not only by legislators, courts, and interest groups, but by close corporation participants themselves. This Article thus not only illuminates understudied areas of corporation law and legal history, it provides us a new account of the production of a vital area of modern American law.
Number of Pages in PDF File: 61
Keywords: corporation, partnership, close corporation, history
JEL Classification: K22
Date posted: April 13, 2008 ; Last revised: May 9, 2008
Suggested Citation
Contact Information
© 2016 Social Science Electronic Publishing, Inc. All Rights Reserved.
Terms of Use
Privacy Policy
Contact Us
This page was processed by apollobot1 in 0.234 seconds


text:
Red Room ( 7 December 2012 )
The State of Food and Agriculture 2012: Investing in agriculture for a better future will be presented at a Council side event on 9:30-11:00. Jomo Sundaram will present the main findings of the report and a round-table discussion will follow. Panelists include Her Excellency, Ambassador Mary Mubi of Zimbabwe; Dame Barbara [...]
Yerevan, Armenia ( 30 November 2012 )
The workshop provided an opportunity to present and discuss the improved crop forecasting system of Armenia to stakeholders, its potential to support decision-making processes and the country's plans for its further development.
This special issue of Global Food Security analyses the background and multiple causes of the Somalian famine, the early warning and declaration, and the major constraints to access. Then it analyses the response, and notes major lessons learned for future prevention, mitigation and response to famine.
FAO Headquarters, Rome ( 15 Oct 2012 - 20 Oct 2012 )
The CFS multi-stakeholder platform enables all viewpoints to be considered when deciding on concrete actions to address issues affecting food security and nutrition such as the economic crisis and the rising demand for food.
FAO Headquarters, Rome ( 13-14 September 2012 )
This Forum will provide a space for consultation and policy dialogue to increase understanding and strengthen collaborative efforts among stakeholders. A key outcome of the Forum will be to come up with the basic elements of an Agenda for Action for Addressing Food Insecurity in Protracted Crises.
Contact us | Terms and Conditions | Scam Alert


text:
LIHUE (AP) - Officials were searching for a 72-year-old woman more than 24 hours after she went for a hike in Kokee State Park in Kauai.
The Kauai Fire Department said in a statement Sunday that firefighters, police and a search-and-rescue canine team searched through the night and into the afternoon for the woman who left her cabin in Kokee at about 2:30 p.m. Saturday. Family members called 911 when she hadn't returned about seven hours after she left.
A three-hour aerial search turned up no evidence of the woman. The ground search continued.


text:
FAB Facial Radiance® Pads contain just the right amount of lactic and glycolic acids to make them safe and effective for daily use.
Cucumber and Indian gooseberry tone the skin, while lemon peel and licorice root leave the skin bright and glowing.
• Improves skin clarity
• Reduces visible pores
• Diminishes the appearance of fine lines
No parabens, harsh chemicals or colorants. Safe for sensitive skin.
This item is in stock and ready to ship.
Where does b-glowing ship?
b-glowing ships anywhere in the world! Please view our international shipping policy for orders shipped outside the U.S
APO/FBO Addresses: b-glowing proudly ships to our military.
What shipping methods are offered by b-glowing?
Standard Shipping: $5.95 (COMPLIMENTARY standard shipping on orders $75+) within the contiguous U.S. (2-7 business days), Hawaii and Alaska (12-18 business days)
2-3 Business Day Shipping (for orders placed before 12pm Central time): + $11.00
1-2 Business Day Shipping (for orders placed before 12pm Central time): + $20.00
Any package containing hazardous material, such as nail polish, hair spray, or perfume, is restricted by the U.S. Department of Transportation to ground-only shipping methods.
When will my order ship?
Most orders are shipped 24-48 hours within receipt of order. We ship Monday through Friday. Orders placed on Saturday and Sunday will be shipped the following Monday or Tuesday. We do not ship on major holidays; orders placed on major holidays will be shipped the next business day. Please note that due to the speed of our ordering system, order cancellations and changes are not always possible.
All orders shipped complete, when all merchandise is in-stock; no partial orders shipped. You will not be charged until your order is shipped.
How can I track my order?
You can confirm delivery of a package at www.usps.com using the tracking number emailed to you at the time of shipping. UPS provides tracking for your orders at www.ups.com. Packages shipped via FedEx can be tracked at fedex.com. Please allow 24 hours after your order ships for your tracking updates to be made available.
We are not responsible for orders damaged or missing in transit via a mail forwarder. Please call (866)525-4933 for further assistance.
Amazing!! Gentle but very effective & good for your skin. I saw an instant difference in skin texture & it gives a wonderful glow. I'll be buying these for life.


text:
To the Editor.
—Three patients with systemic lupus erythematosus (SLE) in whom aseptic meningitis developed during ibuprofen therapy and again with rechallenge have been described.1-3 We report an additional case in a patient whose course was remarkable for severe lethargy and grossly elevated CSF protein and WBC counts.
Report of a Case.
—A 23-year-old woman with SLE, manifested by serositis, polyarthritis, Raynaud's phenomenon, high-titer antinuclear antibody with antibodies to double-stranded DNA, and hypocomplementemia, experienced headaches within two hours of taking a 400-mg tablet of ibuprofen. As the ibuprofen therapy was continued during the following 48 hours, the headache progressively worsened and became associated with neck stiffness, nausea, vomiting, and lethargy. Physical examination showed a somnolent young woman who became totally unarousable within four hours of admission. Temperature was 40 °C. Kernig's and Brudzinski's signs were present. Findings from serial CSF analyses are displayed in the Table; CSF smears, cultures,
Thank you for submitting a comment on this article. It will be reviewed by JAMA Internal Medicine editors. You will be notified when your comment has been published. Comments should not exceed 500 words of text and 10 references.
Do not submit personal medical questions or information that could identify a specific patient, questions about a particular case, or general inquiries to an author. Only content that has not been published, posted, or submitted elsewhere should be submitted. By submitting this Comment, you and any coauthors transfer copyright to the journal if your Comment is posted.
* = Required Field
Disclosure of Any Conflicts of Interest*
Indicate all relevant conflicts of interest of each author below, including all relevant financial interests, activities, and relationships within the past 3 years including, but not limited to, employment, affiliation, grants or funding, consultancies, honoraria or payment, speakers' bureaus, stock ownership or options, expert testimony, royalties, donation of medical equipment, or patents planned, pending, or issued. If all authors have none, check "No potential conflicts or relevant financial interests" in the box below. Please also indicate any funding received in support of this work. The information will be posted with your response.
Some tools below are only available to our subscribers or users with an online account.
Download citation file:
Customize your page view by dragging & repositioning the boxes below.
More Listings atJAMACareerCenter.com >
Enter your username and email address. We'll send you a link to reset your password.
Enter your username and email address. We'll send instructions on how to reset your password to the email address we have on record.
Need assistance?
Athens and Shibboleth are access management services that provide single sign-on to protected resources. They replace the multiple user names and passwords necessary to access subscription-based content with a single user name and password that can be entered once per session. It operates independently of a user's location or IP address. If your institution uses Athens or Shibboleth authentication, please contact your site administrator to receive your user name and password.


text:
5131 University Pkwy
Natchitoches, Louisiana, 71457-7169, US
Phone: 318/352-6655
Fax: 318/352-9440
|Check In
|Check Out
|Currency: U.S. DOLLARS (USD)
|Time Zone: Central Standard Time
Hotel Ratings: AAA-2 Diamond
Pet Policy: Pets allowed based on the availability of pet friendly rooms. Up to 2 dogs per room with an 80 pound weight limit. Additional pet types (cats, birds, etc) may be accepted at the hotel's discretion. Pet rate is $20 per day with a $100 per week maximum.


text:
August 10, 1998
Photos by D.J. Peters
The 28th annual Greater Bothell Arts and Crafts Fair was held last weekend under sunny skies in downtown Bothell. Northshore residents enjoyed the entertainment, crafts, art, food and fun at the two-day event. Face (and arm) painting was popular with many children (Top). Fairgoers also had a wide selection of home-made crafts to choose from (Top, right). Bothell firefighters were also on hand with equipment and demonstrations, although trying on a fire hat did not make everyone happy. (Bottom)


text:
AUSTINTOWN - Idaho Road's connection to New Road has been considered a ''paper road'' - planned on the map but not paved - until earlier this week when construction began.
According to Mike Dockry, Austintown road supervisor, the road was platted years ago. It will officially open sometime next spring, depending on weather conditions.
"The great majority of township roads are put in by developers," Dockry said.
Article Photos
Charles Brown, left, of Foust Construction in Liberty, walks along a road being poured between Idaho and New roads in Austintown. The road will give more direct access to the Austintown Schools campus.
Tribune Chronicle photo / Brenda J. Linert
He said Idaho Road never needed to be completed until the school district recently relocated nearby between Idaho and Raccoon Roads.
The school district contacted the road department asking how they would be able to ease the flow of traffic, he said.
Austintown Schools Superintendent Vincent Colaluca said the district has a "great working relationship with the township." So after routine safety and traffic studies were made concerning the school's relocation, he contacted Dockry.
Extending Idaho road will help cut down traffic and is a "great asset working for community safety," Colaluca said.
Paving the 12 linear feet of road will cost $750,000. Dockry said the funding will come from several sources. $440,000 will be paid out of a school district's bond issue. A government Community Development Block grant will cover $100,000 of the project, while the Ohio Public Works Commission is paying $150,000. The Mahoning County Engineer will pay $10,000 for a traffic light to be installed on Idaho Road.
This leaves $50,000 to be paid from Austintown's general fund.
Currently, urban concrete has been laid, and the road is open for local traffic, but according to Dockry the road will not officially open until the spring after sidewalks are put in place.


text:
VIDEO: Church donates items to York fire deparment
Donation saves city officials about $1,800
Published 12:51 PM EST Feb 08, 2013
Union Lutheran Church donated the items, including batteries for smoke detectors.
Click here to watch Ed Weinstock's report.
Copyright 2013 by WGAL All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


text:
I'm torn…
AAR Corp. (NYSE: AIR) reported earnings Wednesday after the market closed and followed that up with their analyst conference call before the market opened today.
The reason I'm torn is because I honestly don't know what to do with those results and AAR's future prospects.
A part of me believes that the business is a lame duck, and will take so long to recover, that we won't see any meaningful move in the company's stock price for some time if at all.
The other part of me believes, especially at current levels, AAR's stock is such a supreme bargain, that it won't be long before value hounds come calling, and the overall market for the Aerospace and Defense industry, and consumer air travel in particular, come roaring back, and we could be in the midst of a nice little bull rush and reap the rewards of our patience in the turnaround that is ahead.
So why am I so baffled?
There's many reasons, many of them chronicled within this post, that have led me to this place.
In this post I'll break down AAR's full earnings release, as well as their analyst conference call, and round out my post with what you should do with AAR's stock.
New to the AAR story?
AAR Corp. provides products and services to the aviation, aerospace, and defense industries worldwide.
It operates in four segments: Aviation Supply Chain; Maintenance, Repair, and Overhaul (MRO); Structures and Systems; and Aircraft Sales and Leasing.
Through its Aviation Supply Chain and MRO segments, AAR provides everything from aircraft parts, maintenance and logistics support, to the actual maintenance and repair of aircraft at its 4 MRO facilities at various locations throughout the U.S.
In addition, through its Structures and Systems segment, AAR provides vital products and services to the U.S. military including specialized construction of mobile shelters and pallets, as well as support and products for various military aircraft and aircraft support, storage and maintenance functions.
Finally, through its Sales and Leasing segment, AAR buys, sells and leases used aircraft for itself, on behalf of others, and through joint ventures.
Want More?
- Read: My first post about the FAA shutting down AAR's landing gear facilities here.
- OR: my second post detailing how AAR was cleared to reopen those facilities here.
- OR: My latest company analysis and quarterly earnings breakdown here.
- OR: Read why I recently added to my AAR position by clicking here.
I'll break down this report into 4 parts:
- Hit Me With The Numbers: Sales miss by 10%, margins decline, where's the cash?
- Other Business Highlights: Weakness in Aviation Supply Chain, MRO
- Conference Call Highlights: Management Discusses Improving Business Trends
- Bottom Line: Buy On Valuation, Hold Otherwise
Hit Me With Some Numbers
Sales miss by 10% due to Sales and Leasing Segment, margins decline
(Growth from previous year's Q3/analysts estimates where applicable):
- Quarterly sales of $338.8 million (down 10% from $376.6 million prior year/vs. $366.2 million projected by analysts)
- Quarterly income from continuing operations of $20.0 million (flat from prior year)
- Quarterly earnings per share from continuing operations of $0.48 (up 2% from prior year/vs. $.46 projected by analysts)
- Q3 Gross margin of 19.1% (up from 18.7% in the prior year, but down sequentially from 19.8% in Q2/09)
- Q3 Operating margin of 8.7% (down from 10.1% in the prior year, and down sequentially from 10.2% in Q2/09)
- Retired $6.5 million in convertible notes for $4.3 million, equating to a 9% yield to maturity
- Backlog decreased to $580 million from $600 million as of November 30th, which was up from $500 million at August 31, $465 million at May 31, and $310 million at August 31, 2007.
- Operating cash flow: (-$16) million
Sales to Defense customers increased 3.6% down from 32% in Q2/09. Defense business now represents 44% up from 43% in Q2/09, up from 40% in Q1/09.
My Take: AAR tries to make a clear distinction between its sales this quarter compared to last quarter on an apples-to-apples basis.
In order to make that comparison however, AAR is stripping out results from its Aircraft Sales and Leasing segment, and then stating rather conveniently, that taking away those comparisons, AAR' sales were essentially flat when compared to last year.
Let's take this in 2 parts:
1) So, AAR is touting the fact that sales are flat? Is that really something to be proud of when AAR has garnered higher revenues in terms of sales from government orders and contracts, as well as their acquisitions over the last couple of years?
2) As investors, can we conveniently strip out one of AAR's 4 business segments to gussy up the numbers?
Personally I don't think so.
There are no two ways about this: AAR's sales have declined.
Business is slowing, airlines are not just cutting back on maintenance and overhaul procedures, but they are also decommissioning older aircraft at alarming rates, such that AAR's services are being underutilized and might be for some time to come.
Further proof of this is the very fact that AAR in their press release stated that:
In response to market conditions, we have deemphasized our Aircraft Sales and Leasing business. We have not acquired any aircraft for lease since November 2007 and are committed to further reducing our investment in our aircraft portfolio.
Later on the company then states:
Consistent with our reduced emphasis on this business, the Company is considering combining the activities of this segment with the Aviation Supply Chain segment beginning next fiscal year.
In other words, not only is AAR unable to sell or lease these older aircraft, which I will remind readers was a booming business not too long ago whereby the CEO stated that he had never seen business this robust in this segment, but the company is now tacitly acknowledging that the business of buying, selling and leasing older aircraft may have seen its heyday and be coming to an end.
We cannot simply "remove" results from AAR's declining segment to make their overall numbers look better, because odds are, this segment is in a secular decline, and therefore, never going to fully recover, and thus AAR's results and expectations and outlook have to include this stark reality.
Bottom line: While the quarter was not as bad as analysts were obviously expecting, it wasn't a good quarter either.
In addition, once again, as they always do, AAR makes their profit numbers by pushing the pencil around and taking some debt off the books which allows them to claim a tax gain which shows up on the bottom line.
The fact remains, AAR cannot hide that their top line numbers were weak, however they want to look at them, and more to the point as far as I was concerned when I previewed earnings a few days ago, where's the cash flow?
AAR talked about expanding inventory, but I don't see why inventory would be expanded when the company is facing deteriorating sales conditions?
AAR did not provide a cash flow statement with their earnings (the CEO mentioned that they spent $16 million in operating cash flow), and we'll have to wait for the 10-Q to see the grimy details, but it looks like yet another quarter of negative cash flow.
I am not at all happy about this.
Other Business Highlights
Weakness in Aviation Supply Chain, MRO
Sales to domestic customers fell 18.6% year over year for AAR this quarter while sales to defense customers rose 3.6%.
Excluding the Aircraft Sales and Leasing segment, sales growth to defense customers was 9.3% while the sales decline to commercial customers was 6.8%, as AAR sold aircraft into both markets in the prior year.
As AAR stated themselves, the increase in sales to defense customers was attributable to continued growth at the company's mobility systems and defense logistics businesses, while the decline in commercial sales is primarily due to lower demand as a result of airline capacity reductions.
The CEO commented that indeed airlines were putting off large heavy maintenance decisions, or forgoing them altogether and simply decommissioning older aircraft, while at the same time putting off larger capital expenditures for items such as new engines and the like.
Again, it's abundantly clear that things are really slowing down in the airline segment right now, the question is, for how long?
Here's a breakdown of AAR's 4 business segments and notes on each:
- Aviation Supply Chain (41.0% of sales) — Sales decreased 8.3% to $138.7 million for the third quarter and gross profit decreased 5.3% to $34.4 million in this segment.
Gross profit margin increased to 24.8% compared to 24.0% last year.
AAR stated that the sales decline reflects lower sales of big ticket items, including whole engines, lower volume at the company's component repair business in Europe (in which AAR has reduced headcount) and unfavorable foreign currency translation.
Together, these items contributed 6.8% of the sales decline in this segment.
Sales at AAR's defense logistics business increased 5.2% during the third quarter.
My Take: Just confirmation of what we already saw on the top line figures. AAR is doing its best to play up the increase in defense logistics business…but after the fall of the stock from $20 to $10 in a few weeks because of worries about troop withdrawal from Iraq, is that such a wise thing to draw attention to?
- Maintenance, Repair and Overhaul (MRO) (22.7% of sales) — Sales increased 2.9% to $77.0 million reflecting the impact of the acquisition of Avborne Heavy Maintenance (which now operates as AAR Aircraft Services-Miami) offset by lower sales at the company's Indianapolis MRO facility.
As a result of previously announced issues at AAR Landing Gear Services, approximately $3.4 million in expected third-quarter sales were delayed to future quarters.
My Take: This will be the last time that we see a sales boost in AAR's MRO division as a result of their previous acquisition strategy.
From here on out, it's all going to be based solely on the vagaries of the U.S. commercial airline market since defense business comprises a small sliver of AAR's MRO activities, but might actually account for a greater percentage going forward as a result of the aforementioned troop withdrawals which would entail repairing and maintenance on all of the aircraft that have been used for long periods of time.
- Structures and Systems (35.4% of sales) — Sales increased 8.7% to $120.0 million in the third quarter and gross profit increased 8.2% to $17.7 million, resulting in a gross profit margin of 14.8%, consistent with the prior year.
Sales were positively impacted by increased demand for military logistics handling systems, new mobility product offerings, and strong demand for command and control equipment as the company began to manufacture and deliver on several large orders announced earlier in the year.
Backlog in this segment increased 50% since May 31, 2008.
My Take: Once again AAR's Structures and Systems unit was their crown jewel.
This segment should remain steady with AAR projecting that their sales outlook for the segment remains strong well into FY/2011.
Since many of their contracts are longer in term, and are for a set amount, this is probably AAR's steadiest and most consistent segment from quarter to quarter.
- Sales and Leasing Segment (.9% of Sales) — During the third quarter, AAR's aircraft position was reduced by one joint venture aircraft, which was disassembled, and currently consists of 26 aircraft held in joint ventures and seven held in the company's wholly-owned portfolio.
One additional joint venture aircraft is currently off lease and one wholly-owned aircraft will come off lease during the fourth quarter and will be disassembled.
Consistent with the company's reduced emphasis on this business, AAR is considering combining the activities of this segment with the Aviation Supply Chain segment beginning next fiscal year.
My Take: I discussed this at length in the "Hit Me With The Numbers" section above.
AAR is feeling the pain of having a portfolio of medium aged aircraft, which in today's world can now effectively be classified as "old" aircraft for all intents and purposes.
Good luck trying to sell these gas guzzling behemoths to someone, or leasing them on favorable terms for that matter.
I think it's clear by AAR's actions, and inability to sell or re-lease the aircraft that are coming or have already come off of lease up to this point, as well as their decision to roll this segment into their Aviation Supply Chain, that this segment is effectively dead weight for the company.
These aircraft will be stripped down for their valuable parts, and their ashes left scattered with the ghosts of airlines past.
Conference Call Highlights
Management Discusses Improving Business Trends
- Recent Airline Activity and Outlook: In a "no kidding?" statement, CEO David Storch stated that as a result of weak economic conditions, both business and leisure travelers have reduced air travel, causing airlines to reduce capacity and seek ways to reduce costs, and conserve cash.
He further stated that capacity in North America is down approximately 8% during the first quarter of calendar year 2009 compared to last year and passenger traffic in North America is down approximately 10%.
He further reiterated that as airlines reduce capacity, it causes significant changes to their maintenance schedules, which in turn disrupts the demand for parts and services that AAR offers, which was indeed the case when we look at AAR's Q3/09 slowdown.
When asked about current airline demand and trends, the CEO stated that the market is showing some strength and that demand seems to be stabilizing and possibly increasing slightly in the first few weeks of March.
He indicated that they had a lull back in December, but that they've clearly seen a pick up since then.
My Take: It was clear that Q3 was a tough one for AAR. When I wrote my earnings preview, I wondered out loud whether that was the bottom, or whether we still had some pain to come.
From management's comments Thursday it seems that we may indeed have reached that bottom, and even though results might not shoot up from here in rapid fashion, a bottom seems to have been put in place, and demand should slowly start to come back.
Later on the conference call, CEO David Storch talked about how AAR was weathering this downturn much better than they had other cyclical airline downturns in the past, and they are extremely encouraged by that.
- Discussion of MRO Slowdown, Indianapolis Facility: While talking about weakness at their Indianapolis MRO facility, the CEO stated that they experienced lower sales as a result of the United Airlines (NASDAQ: UAUA) decision last spring to ground their 737-300 fleet as well as FedEx's (NYSE: FDX) decision to retire a portion of their 727 aircraft.
When asked in the Q and A session about the Indianapolis facility the CEO stated that he feels very good about their relationship with the customer they have right now, Southwest Airlines (NYSE: LUV), and that they've been working diligently of late to replace the business that disappeared as a result of the recent grounding of aircraft.
He finished by stating that AAR is in discussions with other potential customers who have expressed interest to use this facility and that AAR continues to perform work for Southwest Airlines.
My Take: Southwest Airlines makes up the bulk of the MRO business for AAR, and most of the MRO activity at their Indianapolis MRO center.
I have no doubt that because AAR is the best in breed, and because this location is very desirable for many carriers, AAR will eventually fill the excess capacity that they have at this location and garner new customers.
- Aircraft Sales and Leasing Segment Discussion: When giving more color on AAR's Aircraft Sales and Leasing segment, the CEO stated that as of February 28, 2009, AAR's equity investment in their joint venture and wholly-owned aircraft portfolio is approximately $80 million.
Further, he stated that out of their portfolio, there are two leased aircraft in which the lessee is behind in their payments.
AAR says that they have obtained a judgment against the parent of the operator of the aircraft and expect to recover amounts owed to them.
Other than those two aircraft, all the other aircraft are being paid for and the lessee's remain in good standing.
On the Q and A session, when a caller asked the company about their intentions towards this segment, and why they are pulling out, the CEO stated that it had more to do with resource allocation for AAR.
He further stated that they see greater opportunities elsewhere and feel really good about their positions in the other three markets.
He finished by saying that they have always been just a dabbler in the Sales and Leasing market and he thought it was time for AAR to "dabble a little bit less."
My Take: I talked extensively above already about my thoughts on this.
I simply will say good riddance to the Sales and Leasing segment, and hope that AAR can get something out of it and sell some of the aircraft in an improving market instead of just stripping down all the older airplanes because no one will purchase them.
Looks for future write-downs to occur within this segment as buyers and sellers have very different views, especially in the current market, as to the true value of old gas guzzling airplanes.
- Discussion About AAR's Landing Gear Segment, FAA Problems: When asked about the impact of the FAA closing their landing gear center in Miami, management said that the impact on revenue was between $3 million and $3.5 million and that they expect to have that flow through relatively quickly as they rework those deals and maintenance in future quarters.
They also stated that the margin and the operating income impact is about $1 million.
An analyst asked about the issues that AAR had with their Landing Gear segment and FAA guidelines and all the public spotlight that was put on this issue, if the company could have done a better job to keep it more private. The CEO stated that absolutely, AAR could have done a better job with the situation.
He also went on the say that it was a "lesson learned", in fact he used the words "tough, hard lesson".
He then said "shame on us to some extent."
Finally, he reiterated that the company is much more cognizant of these types of problems now, and that this whole situation was a "wake up call".
Also, stating the obvious, he said that safety of flight was never an issue, nor quality was never an issue, but the situation was more about relationship management than anything else.
Again in the "no kidding?" department, the CEO acknowledged that this whole debacle got way out of control, not surprisingly leading to a decline in AAR's share price as a result of the negative publicity.
My Take: Let's hope this indeed is a lesson learned. This fiasco went on way too long, and in fact there were issues with AAR's maintenance of these parts for over a year! In that time for some reason, they still were not compliant, and this all lead to the very first Wall Street Journal article that came out touting the problems with AAR's landing gear in the midst of governmental crackdowns at the time.
It was not a good situation at all, and one that surely weighed down on AAR's share price for many months.
- AAR's Cash Flow: The CEO must know that investors are on the hunt for AAR's cash flow because in his prepared statements he said that AAR used $16 million of cash from operations as they made significant investments in inventory and rotable assets to support their commercial customers.
He then stated that they expect cash, in fact "solid cash from operations", in the fourth quarter as they do not have any large planned asset purchases.
- Discussion About Continued Growth in AAR's Structures and Systems Segment: When a questioner asked the CEO about their ability to grow or maintain their government shelters and systems business in the face of changing times, troop withdrawal, etc., the CEO stated that he didn't see world tensions diminishing in an appreciable fashion and that AAR may move from theater to theater, but clearly the U.S.' capability of moving into different theaters becomes more pressing as time goes on.
He also curiously stated that one theater that's developing for AAR is the Southwest United States.
I'll definitely be following up with AAR about what they meant by this.
- Comments About Retiring More Debt: When a caller asked about the bonds that AAR is retiring, and the fact that many of the bond holders are motivated sellers right now, the CEO did not dispute that fact, and stated that from time to time AAR is getting phone calls from the capital markets who represent people who have bonds that they would like to liquidate.
He further stated that he can't really tell what the market for their debt is going to look like 90 days from now, but as of right now, those opportunities still exist for the company to purchase their debt at very attractive valuations.
Bottom Line
Buy AAR on Valuation, Hold Otherwise
It seems that Wall Street breathed a sigh of relief today at AAR's results.
I breathed a sigh of relief at the fact that Wall Street breathed a sigh of relief.
Shares popped a nice 13%, but that comes with the caveat that they are down over 50% from their $20 levels just a few weeks ago…it's all relative I guess.
Which brings me to my decision as to what we should do with shares of AAR right now.
My thoughts run in 2 parallel paths:
1) Based on pure valuation principles such as book value, tangible book value, P/E, P/S, and even expected cash flow generation (when's that happening?) utilizing a Discounted Cash Flow analysis (DCF), AAR is a cheap stock, and more than that, a solid stalwart of a company that is trading at absurd levels right now.
2) The second less flattering perspective that I own right now peddles in the thought that AAR is dead weight.
It has become a value trap of sorts, and even if we have reached a sort of "bottom" in the airline industry and consumer spending, will those levels rise anytime soon?
And even if they do and travel picks up as well, what about all the older aircraft that airlines are paring down in anticipation of higher energy prices in the future, and thus won't be needing or will be putting off, MRO and parts replacement services on their current fleets.
True, AAR anywhere below $15 per share is an absolute bargain based on many metrics, including ones that look at a company's prospects as an ongoing concern, but does that mean we should be invested in a slow growth company that is patiently waiting for the airline industry to knock on its door for business?
Also true is the fact that AAR does not just depend on the airline industry for revenue, but now derives about 45% of their sales from defense customers, and this pipeline looks solid for the next several years and should shield AAR for as long as it takes to start to see the expected ramp up in MRO services and consumer travel.
So you can see the quandary that I am in right now.
Sell AAR now and miss the inevitable move upward as value investors enter the space and more conservative investors come looking for modest growth companies at dirt cheap valuations, thus pushing shares of AAR considerably higher in a relatively short period of time.
Or, hold on to AAR for now, and patiently wait as…nothing happens.
Shares stagnate, bouncing around from $12-16 for the foreseeable future as sales stagnate, margins erode, and the market steers clear of a company that is heavily dependent on war, consumer spending and the price of oil.
So what do you do if you want to own, or already own shares of AAR?
What, you're asking me?
The truth is I'm going to take some more time with this one, hang on for now, and see what my gut tells me as I continue to parse the information, and watch what the market is throwing our way.
You can read my complete analysis when I picked up additional shares of AAR below $12 and the reasons why (which are still valid) by clicking here.
Bottom Line: If you already own shares of AAR hold your shares. If you don't and are a true value hound, grab some anywhere below $15 per share, and especially below $12 per share as AAR is trading at 20-40% below tangible book value and as if it is going out of business.


text:
|Boxing Champions | Boxing Schedule | Boxing Video | Boxing History | Pound For Pound | Lounge | The Wire | Arcade
Join Date: Dec 2009
Posts: 12,889
Quoted: 0 Post(s)
Rep Power: 0
Points: 149,377.80
Bank: 377,042,332.67
Total Points: 377,191,710.47
Undisputed Champion
Join Date: Dec 2008
Location: San Jose, CA
Age: 40
Posts: 4,177
Quoted: 0 Post(s)
Rep Power: 21
Points: 1,051,367,433.41
Bank: 0.00
Total Points: 1,051,367,433.41
Fair but Firm
Join Date: May 2006
Posts: 38,727
Quoted: 1826 Post(s)
Rep Power: 106
Points: 1,000,002,002,065,670,912.00
Bank: 127,333,734,085,205,152.00
Total Points: 1,127,335,736,150,876,160.00
Undisputed Champion
Join Date: Apr 2007
Location: a place where white women were scared when they saw me a black man wearing OJ style leather gloves!!
Posts: 5,969
Quoted: 49 Post(s)
Rep Power: 23
Points: 111,346.31
Bank: 990,069,425,527.32
Total Points: 990,069,536,873.63
LLS at you as well as anybody else in this world who thinks I lack pride in my people and ancestors. You should know about A$$uming things since you want to call people youngin. Send me a pm of the books though I like to read.
Trading Block Tycoon
Join Date: Jan 2006
Location: Bright Lights Bigger City, New York
Age: 26
Posts: 22,394
Quoted: 8 Post(s)
Rep Power: 59
Points: 51,891,020,712.35
Bank: 126,547,060,477,825.95
Total Points: 126,598,951,498,538.31
Harsher punishment?
Was Floyd punished?
I think this whole thing has blown over...the media covered the rant for that day and has stopped talking about it since Floyd apologized"
Casual fans don't care about what Floyd's doing unless its fighting Pacquiao...
Oh Mah Gawd!
Join Date: Aug 2010
Location: RIP MANNY
Posts: 24,051
Quoted: 1 Post(s)
Rep Power: 96
Points: 175,000,159,597.40
Bank: 9,313,067,849,262.50
Total Points: 9,488,068,008,859.90
"OH YOU CANT CALL THEM THAT YOU HAVE TO CALL THEM AFRICAN AMERICANS!" << Usual old white person.
Everyone is racist! whites hate whites blacks hate blacks more than anyone else! look at the black on black crime and the white on white crime!
all my black friends hate black people more than anyone else! like they would say gdamn nword!
Oh Mah Gawd!
Join Date: Aug 2010
Location: RIP MANNY
Posts: 24,051
Quoted: 1 Post(s)
Rep Power: 96
Points: 175,000,159,597.40
Bank: 9,313,067,849,262.50
Total Points: 9,488,068,008,859.90
If you read history the slaves that were freed in the USA actually went back to Africa and made slaves out of the locals, that's why all the countries there are so screwed up at the moment cuz (we wanna b kingz an shieet) Read it up.
In usa/canada most blacks are actually from the Caribbean and not African ancestry. The term African-American is just STUPID because they are so far removed from their lineage that white people could call themselves African-Americans too because if you look long enough you will see the links going back to Africa at some point.
Black people who were born in the USA and their parents were born there are AMERICANS who just happen to be black. Stop trying to make everything so politically correct and RACIST, its people like you stopping the progress and everything moving on. Nobody even cares about racism anymore but dumb groups like the NAACP play the racist card ANYTIME someone doesn't agree with their views and its hurting America.
Nobody views blacks or asians as different we all live together. Sure there is racist people out there but they are black,white,asian, etc.
Im sick and tired of the race card being played by these stupid groups who come up with stupid names. They are basically bringing up the past which everyone has gotten over already. Its like Telling the jews about the holocaust every day for 1000 years. I mean was your Dad a slave? NO Was your G-father a Slave? NO so stop playing the ****ing racist card and look at what the slaves did once they got their freedom, they went back to africa and ENSLAVED the locals.
|Share This With Friends
|african-american, espn, harsher, mayweather's, punishment, racist, senior, writer
|Thread Tools
Cookie Policy -
Privacy Policy - Submit
News - Feedback
- Site Map - Advertise
with Us
Copyright © 2003-2016 BoxingScene LLC All rights reserved.
Copyright ©2000 - 2016, Jelsoft Enterprises Ltd.
Copyright © 2003-2016 BoxingScene LLC All rights reserved.


text:
RE PAT Dougherty's July 10 letter, "Off the Hook on Hate!":
I am a Muslim, and I don't hate, nor do I wish to kill anyone.
Being a Muslim is about peace, surrender, unity, education and love for one another and everything that's pure. Before she makes statements about something, she should have a clearer understanding about what she's calling ignorant!
Shawn Sutton
Pa. Department of Corrections


text:
New subscription
Renew my subscription
Give a gift
Pay my bill
Change my address
Active within 3335 Days
Hi! My name is Leche
I am a Siamese from Concord, CA
Nicknames: Leche Bo Beche
Age: 11 years old
Gender: F
Coat: short haired
Education: I have learned to wait my turn when it comes to feeding time. I know it doesn't seem like much but I would be very impatient and attack the other cats food before they would get to me.
My favorite tricks and treats are: I knows how to look absolutely adorbable when I wants something. and Friskie's dental treats
Where I hang out: In my Leopard Kitty Tent
My favorite grubs: Popcorn, oh you mean the food my owner actually feeds me night and day? Purina Cat Food
My pet peeves: My owner squishing me and giving me kisses all over. :0)
What I love about my owners: She gives me anything I want and because she thinks im the cutest thing on four feet I get away with Murder.
My cat hobbies: Suck on my owners ear for comfort. I know it sounds wierd but I have done it ever since I baby.
Pet motto:
See all awards »
My owner works at a Veterinary hospital as a Registered Nurse and a client brought me in when he found me on the side of the road. He knew he wasn't going to be able to care for me b/c I was only 2 weeks old, I still had to be fed from a bottle. So my owner fostered me, bottle feeding me every 2 hours no matter what time of day it was. We became so attached I never left her home.
I've had 4860 friends visit me.
I'm the 3,224th member on CatChannel.com.
8 friends have voted for me since I joined Club Cat!
Come visit me, Fluffy & Reina.
Come visit me, Lucky, Mimi, Bosco, Cleopatra Nefretiri & Louie.
Tell a Friend |
Report inappropriate content on this page.
Hi, my name is
A. Frosty-Prayers for all of our furiends!.
Visit the photo gallery to cast your vote »
Get quick tips for happy cats, food recall info, news alerts and best behavior advice.
Sign up to get updates delivered straight to your inbox.
CatChannel takes your privacy seriously. To learn more, please read our privacy policy.


text:
Courts are overwhelmed with couples who are splitting up and disputing custody of their children. If parents cannot agree on their children's fates, a judge will decide who gets custody, and increasingly, psychologists are becoming involved as expert evaluators during legal wranglings. But do any of these professionals have proof that the bases for their life-determining decisions are empirically sound? It seems not, and it is the boys and girls who suffer.
This is a Preview. Buy this Digital Issue or Sign In
Custody Disputed
The guidelines judges and psychologists use to decide child custody cases have little basis in science. The system must be rebuilt on better research


text:
Top Definition
Anything with especially good qualities or characteristics; something run efficiently or smoothly.
The place has tons of girls, the dj is bumpin, it's real cashmere.
από Double A 25 Φεβρουάριος 2004
Trending Now
Can you define these popular missing words?
A small town in the center of Washington state. Mostly known for the large population of Hispanics(due to lots of orchards) and elderly people. Most people known to grow up in this town are guilty of having "small town syndrome". You might also notice the men in this town constantly have to say/do something to prove their masculinity due to the fact that they feel it's always being threatened. Most likely because of their small.......Town.
Dude, don't pay attention to him. He's from Cashmere, just let him sober up.
από Bannana Hammer 11 Αύγουστος 2011
A euphemism for casual sex.
All I'm looking for is some nice cashmere.
I enjoy cashmere far more than a committed, complicated relationship.
I enjoy cashmere far more than a committed, complicated relationship.
από gotsIt 24 Οκτώβριος 2011
Common name on the Isle of Manhattan for marijuana}.
Yo you got that cashmere son?
από Joe 1 Φεβρουάριος 2005


text:
We're having a G420 Tweedup tonight starting at 7PM ET / 4PM PT! Tweedup? What's that?
Let's all share the best parts of 420 together...get totally faced and tweet along with us during G4's 420 shows tonight and let us know how you're doin'! How YOU doin'?
Plus, and this is best part, we'll be broadcasting a exclusive twitter-only movie commentary from Doug Benson himself throughout the 10PM ET / 7PM PT showing of Super High Me!
Here's how to join in and follow along:
- Watch G4's 420 Shows and include "G420" somewhere in your tweet. That way, we'll all see it!
- You could simply watch G4 while relaxing in front of our G420 Twitterfountain, seen above. It plays the latest tweets marked with 'G420', and let's you see what's going on in the Tweedup! After 3 minutes, it reloads and starts over. Go full screen, if you want...play with the settings. You can't mess it up, just reload the page to reset it..
- This one is real easy! G420's TweetChat is works just like a chat room, only it's on Twitter! Sign in using your own Twitter login and that's it!
- Power-Twitterers tend to prefer Tweetdeck. If you're familiar with it, start a search panel for "G420". Then it works basically the same as the TweetChat.
If you have questions, give us a tweet at twitter.com/G420!


text:
Ohio, the other border
Maribel Hastings, America's Voice | 4/9/2014, 8:58 a.m.
The potential political consequences of this crisis should not fall on deaf ears for either political party. Their children are citizens—some of them vote already, and others will soon. They have family members who are voters, who have seen a Republican Party demonize immigrants and block immigration reform, as well as a Democratic administration deport them, try to deport them, and say that they can't help them.
"I have relatives who are voters and they are disappointed because they think the President only used Latinos to win in 2008 and again in 2012, and he'll leave office and won't do anything," said Edith, an undocumented woman living in Ohio for almost two decades.
Guadalupe, an undocumented woman who has lived in Ohio for 19 years, also has family members who are voters. "They are disappointed. They ask 'if the next Democratic candidate comes and says the same and I give him my vote and the same thing happens, well, it's better that I don't give them my vote anymore' . . . the Latino community will feel like they might as well not vote if the [candidates] just make promises and don't do anything."
Maribel Hastings is a senior advisor at America's Voice


text:
This Lib Tech looks, well, damn fun. What else can we say?
Voice control, handheld stabilisation and the first GoPro drone!
Bent Metal Bindings are back, and back with OG ripper Jamie Lynn both riding and arting on them. Boom!
Latest look at the augmented reality snowboard goggles
Norway's STAAKER offer up the latest follow cam drone
Gnarly when used well, but are these new boards a viable summer shred alternative?
Please enter your email so we can keep you updated with news, features and the latest offers. If you are not interested you can unsubscribe at any time. We will never sell your data and you'll only get messages from us and our partners whose products and services we think you'll enjoy.
Read our full Privacy Policy as well as Terms & Conditions.
Cookies help us deliver our services.
By using this website, you agree to our use of cookies.
Learn More


text:
Brain injury programs set in area
Lisa Cullen, brain injury outreach and support program project coordinator at the The Center for Independent Living will present the program "I Bumped My Head - Big Deal" at several locations.
n 6 p.m. Tuesday, Gallitzin Library, 411 Convent St.
Article Photos
Courtesy photo
Miss Teen Pennsylvania International 2013 Ashlee Fagans of Duncansville recently spent the afternoon at UPMC Children's Hospital in Pittsburgh for storytime and arts and crafts with the children. Ashley is shown with Raeanna Paterson, the hospital school program coordinator, donating books to the hospital's library. Ashlee also donated $400 to the hospital from money she raised from a bake sale this year for promoting her platform, pediatric cancer awareness. Ashlee is the daughter of Joe and Kim Fagans of Duncansville. She is a 2013 graduate of Hollidaysburg Area Senior High School.
n 6 p.m. March 20, Claysburg Public Library, 957 Bedford St.
n 7 p.m. March 25, Hastings Public Library, 312 Beaver St.
n 6:30 p.m. March 31, Martinsburg Community Library, 201 S. Walnut St.
The program will focus on brain injuries and the lasting effects they have.
To allow for proper accommodation, call 800-237-9009 or email email@example.com.
Fundraiser to help mission fund
DUDLEY - A prize fundraiser will be held at
2 p.m. Sunday at the Immaculate Conception Church Hall. Doors will open at 12:30 p.m.
Tickets, which are $20, will be available at the door and include a sandwich and a side. Prizes include Temp-tations dishes, RADA cutlery, a 29-inch TV, a convection countertop oven, George Foreman grill, Farberware pans and a Keurig coffeemaker.
For more information, call Jane at 635-3780 or Katie at 928-5172.
All proceeds benefit the Mary's Medical Mission Fund, which helps people with long-term illnesses.
Center to host Earth Day films
HOLLIDAYSBURG - The Care for Creation Center at St. Bernardine's Monastery, 768 Monastery Road, will host two free films promoting Earth Day awareness.
"Chasing Ice," which is about polar ice, will be shown at 6:30 p.m. Wednesday, and "Genetic Roulette," which is about the health risks of GMOs, will be shown at 6:30 p.m. March 26.
To reserve a seat, call Pat Trimble at 942-8254.
ACM to offer financial aid info
EVERETT - Financial aid officials at Allegany College of Maryland will share their knowledge with Bedford County-area students and parents at the second annual Financial Aid Days from 9 a.m. to 3 p.m. March 26 on the Bedford County Campus of ACM, which is adjacent to Everett Area High School.
Graduating high school seniors and community members planning to enroll at the college for fall 2014 are encouraged to attend.
The event encourages students to take the first step toward financial aid by offering assistance in completing the Free Application for Federal Student Aid. Participants should take income statements with them.
Financial Aid Days feature fun activities, food and beverages and random drawings for prizes in addition to valuable services to help students achieve their academic goals. A $200 tuition voucher will be presented by random drawing at the end of the event.
The activities, coordinated by ACM's Student Financial Aid Office in collaboration with multiple college departments, are in conjunction with initiatives nationwide to raise awareness of college affordability and to increase college participation by young people.
In addition to assistance with the application for financial aid, new students are invited to participate in a guided campus tour. Tours will be given at 11 a.m. and 1 p.m.
For more information, call 652-9528. The Student Financial Aid Office can be contacted at 301-784-5213. Information is also available at www.allegany.edu.
Color Dash 5K event is March 29
Penn State Altoona's Campus Activities Board will hold its second annual Color Dash 5K Walk or Run on March 29.
Registration begins at 10 a.m. and the race will start at noon. Cost to participate is $20 for students and children under 12 and $25 for nonstudents. A race T-shirt is guaranteed with all registrations by Friday.
Register in the Office of Student Life, 205 Slep Student Center (cash or check only) or at parunners.com.


text:
Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
U.S. stocks started the week off on a strong note, as the S&P 500 (SNPINDEX: ^GSPC ) and the Dow Jones Industrial Average (DJINDICES: ^DJI ) both gained 0.7% and 0.1%, respectively. That was enough to push the S&P 500 to a record high, with the index recording gains in six of the last seven trading sessions. That consistency on the upside is also present when we widen out the timescale: With one day left in April, the S&P 500 is ahead 1.6% on the month, which means it is well positioned to record its sixth consecutive monthly gain -- its longest streak since Sep. 2009.
Somewhat unusually, in light of stocks' buoyancy, the VIX Index (VOLATILITYINDICES: ^VIX ) , Wall Street's fear gauge, rose today by 1%, to close at 13.71. (The VIX is calculated from S&P 500 option prices and reflects investor expectations for stock market volatility over the coming 30 days.) This may be the result of hedging activity by investors in the run-up to the Fed's rate-setting meeting on Tuesday and Wednesday
Flying high!
What an extraordinary turn of events! I never expected to hear that a Boeing (NYSE: BA ) 787 Dreamliner would be up and flying -- in a scheduled commercial flight, not a test flight -- before the month of April was out. Yet that's exactly what happened on Saturday, as Ethiopian Airlines flight 801 took off from the Ethiopian capital of Addis Ababa en route to Nairobi, Kenya. (It did arrive safely, in case you were wondering.)
On Sunday, Japanese airline ANA, which is the largest operator of 787s, with a fleet of seventeen, conducted a test flight, two days after Japanese regulators lifted a flight ban on the aircraft. ANA said it may resume commercial flights in June.
Regulators worldwide grounded the Dreamliner in January, following two incidents in which the aircraft's advanced lithium-ion battery unit overheated, producing smoke and catching fire.
I'm puzzled that regulators have approved what looks like an aggressive flight resumption timetable, particularly if one considers that the cause of the problem has not been identified. Instead, Boeing has proposed a series of modifications, including a different battery containment enclosure, which were approved by the FAA on April 19.
The market, on the other hand, seems to have discounted this best-case scenario from the outset, despite the massive headline risk the company faced:
The shares barely went into negative territory and, although they did underperform the market through February, they now have the S&P 500 eating their dust. While that price behavior seems extraordinary to me, it suggests two things: First, the market had a better appreciation for this story than I did, and, second, the stock began the year significantly undervalued.
Boeing operates as a major player in a multitrillion-dollar market in which the opportunities and responsibilities are absolutely massive. However, emerging competitors and the company's execution problems have investors wondering whether Boeing will live up to its shareholder responsibilities. In our premium research report on the company, two of The Motley Fool's best minds on industrials have collaborated to provide investors with the key, must-know issues surrounding Boeing. They'll be updating the report as key news hits, so don't miss out -- simply click here now to claim your copy today.


text:
Rutger Hauer Autographed Original 'Bloodhounds of Broadway' Press-Kit!
Here we have a press-kit from 'Bloodhounds of Broadway!
This film, with Madonna and Matt Dillon, was directed in 1989 by Howard Brookner and based on short stories by Damon Runyon.
Rutger played the 'Brain' character.
The Press-Kit (it measures, closed, 12" x 9" or 31 cms x 23 cms) contents are:
- Production Notes (13 pages)
Rutger has autographed the press-kit cover in black permanent ink, as well as one of the photos.
The b/w photo he has autographed in permanent silver ink has the following description: "Regret (Matt Dillon) Broadway's unluckiest pony player, shares a drink with The Brain (Rutger Hauer), a powerful gambling operator, in 'Bloodhounds of Broadway'...."
A one-of-a-kind item!
Thank you for your support to Rutger's Starfish!
The Rutger Hauer Starfish Association is the real source for Rutger's autographed items. Fans and autograph collectors can find here the widest choice of original autographed materials, all coming directly from Rutger's own archives:


text:
SAUCIER, Mississippi -- The Harrison County Sheriff's Department has arrested a 35-year-old Saucier man after police say he attempted to rape his girlfriend's 12-year-old daughter.
Byron Shea Seymour, 35, of 18388 Yankee Cutoff Road in Saucier, was arrested Sunday. Police responded to a call in the 18000 block of Yankee Cutoff Road and learned that Seymour had attempted to rape his girlfriend's daughter.
Seymour was later located and taken into custody, charged with attempted statutory rape.
This is not the first time Seymour has faced a statutory rape charge. According to records from the Harrison County Adult Detention Center, Seymour was charged with statutory rape in August 2011, but that charged was "passed to the file," meaning he would not be prosecuted on the charge provided he followed terms set by the court.
Records show he was also arrested for statutory rape in October 2011 and March 2012, but it is unclear if those were new charges or simply reinstating the original charge after he violated terms of his probation.
Seymour has also been arrested at various times for contempt of court, probation violation and in June of this year was arrested for simple domestic violence.
He is currently in the Harrison County ADC under a $150,000 bond set by Justice Court Judge Brandon Ladner.


text:
Media Release: Getaway goes wild in celebration of its 21st birthday!
Date: 2010-03-29
Getaway magazine celebrates 21 years of publishing in April and will mark the occasion with a special edition highlighting Southern Africa's top 21 parks, as well as over R200 000 in reader prizes.
From deserts to waterways - Mana Pools, Etosha and Chobe National Parks to Golden Gate, De Hoop Nature Reserve and South Africa's flagship Kruger, Getaway's April issue is a compendium of the attractions that draw millions of local and overseas tourists each year.
As outgoing editor Don Pinnock put it, "It's been a wild and wonderful ride. Because the magazine's deep keel has always been a celebration of Africa's glorious wilderness, we couldn't think of a better way to mark our birthday than to bring you Southern Africa's top 21 parks – and to remember the debt we all owe to our beautiful blue planet."
The birthday issue's striking black and gold cover signals the celebratory nature of this special edition and serves as a prologue to an issue that lays particular emphasis on photography, while still providing relevant information on each park.
It doesn't end there – it's bumper prize time for readers, too. Readers can take advantage of the R200 000 in giveaways that is Getaway's gift to its loyal audience. Among these competitions are bush breaks, multi-tools, vouchers, gear and books. A subscriber competition will net the winner a R30 000 stay for two at Tenahead Mountain Lodge, an upmarket lodge in South Africa.
Commenting on the magazine's landmark birthday, publisher Jacquelsine Lahoud said, "Getaway has established itself as a credible, informative, entertaining and well-researched publication read by more than 540 000 people each month. Today, the brand includes print, Getaway.co.za, the Getaway Show, Getaway Events, Getaway books, guides and supplements, TV, Getaway adventures and mobile.getaway.co.za."
Media Enquiries:
Jacqueline Lahoud on tel: (021) 530 3111
Online Bookings
Browse accommodation and activities availability, and book online via our secure payment system and get 5% discount (excludes activities)
Get a Wild Card!
Get unlimited access to most of Southern Africa's premier conservation areas.
Membership is valid from date of purchase for 365 days and is available for an individual, couple or family, as well as international guests. Learn more...
Attention: CoP17 Delegates
Latest Forum Posts
- Field Guide to the Insects of South Africa
Posted by: Yoda on 27th September 2016
- Webcams
Posted by: yolandibell on 27th September 2016
- Military truck overturns at Crocodile River low level bridge in the Kruger National Park
Posted by: Lesego on 27th September 2016
Join our ForumsAlready a member? Login!