text:
The 1952-1955 cantilever truss bridge is being replaced by a $4-5 (depending on source) billion cable stay bridge.
Old bridge:
|By The original uploader was Nrbelex at English Wikipedia - Transferred from en.wikipedia to Commons by Matthiasb., CC BY-SA 2.5, Link
|New York State Thruway Authority
from NYCroads
The buoyant caissons rest on steel piles driven to bedrock. The caissons were constructed on land and barged to the site. Some of the piles are 270' long because the bedrock was 300' below river bottom. The 30" steel piles were cleaned out and filled with concrete. [NYCroads]
|New York State Thruway Authority from NYCroads
It was designed to carry 100,000 vehicles on a peak day. During 1956 it carried 18,000 vehicles per day. Now it carries 135,000vpd over seven lanes, the middle one of which changes directions twice a day. It takes 45 minutes to change the lane. The projection for 2025 is 175,000vpd. [NYCroads]
None of the heavy rail (commuter), light rail, HOV+bus lane ideas considered during the design phase were incorporated in the final design. But it does have a dedicated bicycle and pedestrian span on the north side with scenic overlooks. [NYCroads, hdrinc]
I can't find where I read it, but since the demolition cost of the old bridge would be $140 million, leaving it as a walkway is being studied. A seven lane highway would certainly be wide enough for bicycles and pedestrians. In fact, they could add bus and HOV lanes on the north side.
New Bridge:
|New York State Thruway Authority from hdrinc
|Tappan Zee Constructors
|By Jim.henderson - Own work, CC BY 4.0, Link
In June, 2015, the first prefabricated section of three 12' tall and 400' long girders was lifted into place by the Left Coast Lifter. (video) This is the first of 31 miles of girders to build the first 4-lane, 3.1-mile bridge. A second bridge is being built in parallel so that each direction of travel will have its own 4-lane bridge. The girders are placed on pedestals on top of the pier cap. The pedestals "contain structures called 'seismic isolation bearings,' made of steel and a rubberlike material designed to offer some flexible movement (in case of earthquakes) and also to withstand the day-to-day pounding from trucks. The three-girder assemblages will soon be joined by twin-girder assemblages that will carry prefabricated electrical, plumbing and communications lines and complete the width of the span."
The 328'x100' Left Coast Lifter can lift 1,900 tons, and it came to this site through the Panama Canal. The Tappan Zee prefabricated sections weigh between 900 and 1,100 tons. The previous job for this "world's largest floating crane" was to help build the replacement of the earthquake-damaged eastern span of the San Francisco-Oakland Bay Bridge. The crane has three 806hp diesel powered generators to drive the cable winches. The 6,750 ton crane was built in 2009 near Shanghai.
In July, 2016, a crane boom collapsed across all of the lanes of the old bridge. Fortunately, no one was hurt. It was one of the 28 cranes working on the bridge. It was doing the routine task of installing piling using a vibratory hammer. Investigations did not have much to report three days later. (Most pictures show the crumpled boom laying over the old bridge. This link shows the crumpled boom at the crawler base.) The crane was working on one of the 1000 piles needed by the bridge. A pile is a steel tube up to 6' in diameter and 300' long. But Jeff J. Loughlin, the business manager of International Union of Operating Engineers Local 137, had a theory. The Manitowoc MLC 300 crawler crane with a 256' boom was operating from the deck of the new bridge. Jeff's theory is "the pile had struck a very soft spot of river mud and had begun to sink rapidly, jolting the 60-ton hammer into a rapid drop and putting a particular strain on the boom, which buckled." He explained that with an old crane, the operator could take his foot off the break and allow the hammer to free fall and avoid stressing the boom. But modern cranes have a hydraulic braking system that limits the descent rate to 800 feet per minute. The operator had 30 years of experience manipulating cranes. I assume a drug test can be done within three days so that issue has been ruled out.
|By Ramlogue - Own work, CC BY-SA 4.0, Link
In December, 2016 it hit the milestone of all eight 419' high towers being completed.
NYC CBS News has a list of its articles concerning the Tappan Zee.
|Satellite image captured Jan, 2017 is probably at least two years old.
|Tito Arevalo posted
Manitowoc 4600 ringer Crane
|3: This is probably one of the 60-ton hammers mentioned above that the crane crash described above was using.
|Screenshot from the video on the referenced page.
Update: OSHA finds faulty equipment caused the Tappan Zee Manitowoc MLC300 crane collapse. It seems like a $13,000 fine for a $4 billion contract is barely a slap on the pinkie.
|Chris Spence posted
93 ton edge girder... 4100 tappen zee bridge ny yesterday
|Chris Spence posted
30 ton floor beam. 4100 tappen zee bridge ny stretched out getting that Sunday $$ local 417
Stephen Collins Never seen a cab relocated like that
Chris Spence Was trying to get a good pic but I'm the signal man didn't have time to.
Ben Stalvey several 4100 have moved relocated cabs.
Shane Strickland I ran this crane on the Biloxi Bay Bridge around 10 years ago! Traylor Brothers right?Chris Spence Yea traylor bros.
Aaron Brown posted two photos with just the comment: "New York." Fortunately, the comments confirmed these were of the Tappan Zee accident.
got a Saturday in on new tappen zee bridge in ny, they added a 100' jib onto the 4600. She's got 400' of stick now
The towers were completed Dec 2016 and the main span was connected to the approaches Feb 2017.
|Kevin Downey posted
Ben Stalvey wow 400 ft sweet
Mike Irish That runs a # 27 boom for the jib. Same boom as what's in a 4100W ringer. That thing is an animal!!


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Spark Therapeutics adds two seasoned biotech execs to its board
Spark Therapeutics, a gene therapy company spun out of Children's Hospital of Philadelphia last year, has added two well-known biopharmaceutical executives to its board of directors.
Vincent Milano, who was president and CEO of ViroPharma in Exton, Pa., before the company was sold to Shire for $4.2 billion earlier this year, got one of the seats.
Lars Ekman, former president of research and development at Elan, an Irish pharmaceutical company that had operations in King of Prussia, got the other. Elan was acquired by Perrigo Co. for $8.6 billion last year.
They join Anand Mehra, general partner of Sofinnova Ventures, as the newest members of Spark's board. Mehra joined the board after Spark closed its $72.8 million series B financing in May.
Jeffrey D. Marrazzo, co-founder and CEO of Spark, said the Philadelphia company hopes to leverage Milano's experience in developing, commercializing and "ushering important rare disease therapeutics" through the regulatory process, and tap Ekman's research and development and commercial launch expertise from his time at Elan
Spark has been expanding its leadership team as it prepares to complete clinical development of a potential treatment for inherited retinal dystrophies, a form of blindness caused by genetic mutations that affects children. Marrazzo said the company's new drug candidate has the potential to be the first approved gene therapy in the United States.
John George covers health care, biotech/pharmaceuticals and sports business.


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Date: 20-21 May 2017
Time: 12:00-18:00
Venue: Delfina Foundation, 29-31 Catherine Pl, Victoria, London SW1E 6DY
FREE: Register interest here via Eventbrite.
The Open House project reflects on the significance of artists' residencies at Delfina Foundation over the last 10 years. The format expands on the traditional iteration of the 'Open House', where the public are invited to wander through the interior of architecturally significant buildings.
Over a single weekend visitors are invited to explore Delfina Foundation's domestic spaces and access past residents' memories in a unique collision of past and present. Artists based both in the UK and internationally will produce a series of new artworks, ranging from performative to gastronomical to sculptural, which will be displayed in the space. The Open House project aims to foster new lines of creative enquiry into the role of residency programmes in the UK, as well as intersections between public and private in contemporary art today. The project is a partnership between Delfina Foundation and six curators from The Royal College of Art.
Participating Artists:
Manal Al Dowayan
Mudar Alhajji
Kathrin Böhm
Leone Contini
Srajana Kaikini
Yazan Khalili
Hala Muhanna
Judy Price
Alessandra Saviotti
Laura Wilson
Kerry Campbell
Cecilia Giurgevich
Nicholas Osborne
Linda Rocco
Elizabeth Thornhill
Zena Khan
Exhibition runs from 12:00-18:00 on Saturday and Sunday
Timed events
1pm – 1:30pm
Mudar Alhajji: Reading TBC
1:30 - 3:30pm
Laura Wilson performance
4pm – 4:30pm
Kathrin Böhm: Performative Lecture
4:30 - 5:15pm
Curatorial Tour
5pm – 6pm
13:00 - 13:45
Curatorial Tour
3pm – 3:30pm
Leone Contini: Gumbo Meal
3:30pm – 4:15pm
Curatorial Tour
(Please note this programme is still being developed, please register your interest below for full programme updates)
The programmed live events which make up part of the Open House project, are FREE and open to all, however whilst we hope to accommodate everyone, please be aware there may be limited capacity at some talks and performances.
Open House is a partnership between Delfina Foundation and six curators from the Curating Contemporary Art MA Programme at the Royal College of Art, part of Graduate Projects 2017.


text:
Baking guru Eleni Gianopulos of Eleni's New York tapped five tastemakers to design one-of-a-kind gingerbread houses, using her Color Me! Gingerbread House kit, with all proceeds benefitting art nonprofit RxArt. Above, artist Will Cotton's Cotton Candy Sky (Mona) painting and cookie creation and, below, Eleni's helpful tips to making your own sweet home… at home.
Use tons of powdered sugar (10X) to get the icing as firm as possible when building and assembling a gingerbread house. How to test: When holding a spoonful of icing, the icing should be so firm that it does not fall off the spoon.
2. Candy Decor
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3. Frosting Tips
If you want to color your frosting, be prepared to use a large quantity of food coloring. It tends to take a lot to achieve deep rich colors.
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Best tools for gingerbread houses? Make sure you have an extra set of hands to hold the house. Patience is a must — don't rush the process or your amazing creation may collapse.
More to explore in Entertaining
- Entertaining 4.22.17 Getaway Issue: Margarita Esencia Recipe
- Entertaining 4.17.17 Garden Issue: To Visit, Ladurée in Los Angeles
- Entertaining 4.15.17 Garden Issue: Interior Designer Sarah Bartholomew on Table-Setting Tips
- Entertaining 4.14.17 Garden Issue: Spotlight on Paris' Le Cabinet de Porcelaine
- Entertaining 4.13.17 Garden Issue: To Read, The Great Dixter Cookbook


text:
5 bedroom detached bungalow for sale
Ireland - Glenalla, Bahana, Enniskerry, Co. Wicklow, A98 HD58
like this property?Call: 03339 397778
Key features:
- Five bedroom bungalow
- Set on 2 acres (approx.)
- Flooded with natural light
- Rational windows throughout
- Newcastle Design fitted kitchen
- Partly floored attic
- Own well
- Paddock
- Garden chalet
- Beautiful south facing rear garden
Full description:
The property itself was built new in 1997 by the current owners and incorporates aspects of an original cottage, for example the original slate flooring, giving a great sense of character and charm to the residence. The living accommodation comprises; bi-level entrance hall with a window looking onto the garden, spacious kitchen/breakfast room with Newcastle Design fitted kitchen and wood burning stove, laundry room, boot room with views to the Sugarloaf, living room overlooking the garden, guest w.c. and an upstairs office. The sleeping accommodation benefits from a first floor master suite with walk-in wardrobe and en-suite shower room, as well as four ground floor double bedrooms, one which is currently used as a den or family room, and a family bathroom.
The rear garden is a key feature of this property, it has a wonderful southerly orientation and is protected from the northeast wind making it a fantastic sun trap. The rear deck and patio are bordered by colourful flowerbeds and lovely trees, such as magnolia, with a water feature adding to the tranquility of the space. Exploring farther back we find a grove of silver birches with a private well and a secret pathway leading across the front of the paddock to a side garden which is laid in lawn with a chalet and looks down into the Glencree Valley. To the front there is ample off street parking on the driveway and under the car port.
The Enniskerry/Glencree area is one of Wicklow's jewels, packed with scenic treasures - Powerscourt Waterfall, the highest in these islands is complemented by the estate's Italianate gardens, and retail therapy both in its pavilion and just down the road at Avoca Handweavers. A wonderful location in which to live and rear a family, only a short distance from Enniskerry Village, with its three local primary schools and plentiful cafes and craft shops, yet a mecca for nature lovers who will get to know the country lanes and forestry walks. Bray DART and the N11/M11/M50 corridor are within a few minutes' drive.
All in all this is a spacious yet cosy family home in a picture perfect location, it is an opportunity not to be missed!
Glenalla is 1 km past Powerscourt Waterfall and 1 km before Crone forest carpark. Please note that Powerscourt Waterfall is *not* located at Powerscourt House and Gardens in Enniskerry village.
Enter A98 HD58 into the Google maps app on your smart phone for step-by-step directions or follow those below.
From Enniskerry:
NOTE: Glenalla is 6 km outside Enniskerry village in the Glencree valley
1. Follow signs to Powerscourt.
2. Continue on road past entrance to Powerscourt House & Gardens on your right.
3. Follow signs for Powerscourt Waterfall.
4. After passing the Waterfall entrance on your left continue for 1 km on the main road.
5. Glenalla (name on wall on right of gate) is on the left hand side and has wooden gates, a car port, wooden fence and Sherry FitzGerald 'For Sale' sign.
From Dublin/Bray:
1. Take N11 South.
2. At Kilmacanogue take the left turn onto the R755 just after the Topaz garage sign-posted for Roundwood and Glendalough.
3. Take the fourth exit from the roundabout at the top of the slip road.
4. Take the first exit at the next roundabout.
5. Drive for 1.6 km and take the right turn onto the R760 for Enniskerry.
6. Take the 3rd left turn (after about 1.5 km), to Powerscourt Waterfall. (Do not stay on the Enniskerry village road).
7. Go straight through the crossroads at Ballinagee Farm, and drive down the hill towards the Waterfall.
8. After passing the Waterfall entrance on your left continue for 1 km on the main road.
9. Glenalla (name on wall on right of gate) is on the left hand side and has wooden gates, a car port, wooden fence and Sherry FitzGerald 'For Sale' sign.
Energy Performance Certificate (EPC) graphs
Nearest Airports*
- Dublin (International), 18.6 miles
- Waterford (International), 78.2 miles
*Distances are straight line measurements. This feature is currently in beta.


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Getting you more information on this room
The Super 8 Washington/Peoria area is a good value, but the location is very remote from major highways and the directions from the Super 8 website were totally inadequate. After driving around for an hour in a driving rainstorm, we finally found the hotel. After that, the hotel was very adequate by Super 8 standards.
We stayed overnight on the way to a medical appointment. Hotel is clean, quiet and a very good value for the price. I would stay here again.
Thank you for taking the time to review our hotel I'm glad your stay was a good one! Hope to see you again soon.
The staff is so friendly and courteous! Easy to find and check in to get settled swiftly and start spending time with family and friends! The room was affordable and clean. Did not have any issues sleeping or using the facilities. I was always welcomed back by whoever was at the desk with a friendly smile!
we are glad to know that you had a good time here in our facility. we hope to see you again.
Room was very clean, bath rooms were also very clean. The receptionist was excellent. Breakfast area and items were very welcoming. Location was also very convenient. I am certainly planning to return.
The room was excellent. Having stayed in many different hotels including higher end luxury hotels I can confidently say this Super8 is a hidden gem. The service both from the managerial staff and the cleaning staff was excellent and prompt. It is clear they take tremendous pride in their work and are excellent at it. They truly left no room...
I spend 15 weekends a year traveling with a softball team and have never been as disappointed as I was with this hotel. For starters, the lobby smelled like feet and mildew. As we proceeded to the room, there were stains on the chairs and carpet was disgusting. My wife ran to the Kroger next door to buy bleach so...
I apologize for your experience. We will definitely improve our cleaning. For towel, we informed lady coach to tell all of the girls, if they need extra towel pick up from the front-desk. The girls pick up 20 to 25 towels from front-desk. I think it's miscommunication with your daughter. We fill up breakfast at morning 6'o clock and after...
Basic hotel. Rooms are reasonably clean. Front desk is efficient and polite but not overly friendly. Breakfast is very basic and you need to be in the lobby early. Once the food and coffee is gone it is not replenished. Overall a decent hotel for the price.
"Talk to the hotel front desk staff. They will try their best to satisfy your needs and make your stay comfortable and pleasant."
"Please make advance reservations because this hotel sells fast"
"Good place to stay if visiting family in the area"
"All rooms have been upgraded and are clean and spacious.The rooms are accessible from inside hallway so it is quiet.. This is one of the cleanest motels I have been in."
"Avoid getting a room next to the elevator (elevator noise)"


text:
Contemporary Beach House on Dune Directly on Cape Cod Bay(14 Reviews)
The owner has been emailed.
To book this property, you need to complete your booking through checkout on the VRBO website. We can't protect your payment if we don't know you've booked through us. Learn more
- Minimum stay:3-7 nights
- Sleeps:15
- Bedrooms:7
- Bathrooms:6
- Property type:House
- Internet:Yes
- Pets considered:Yes
- Wheel chair accessible:No
About the Property
7 bedrooms, 5 full baths, sleeps 16
Spectacular, large sun-filled modern beach house perched on dune directly on Cape Cod Bay. Breathtaking sunset views over tip of Cape and Provincetown. Seven bedrooms, five full baths (2 with tub/showers/3 with showers), each with amazing water views. Sleeps 16. Three separate bedroom areas on different levels separated by great room, foyer, family room, dining room, and gourmet kitchen remodeled in 2011. Six bedrooms have sliders to deck or yard. Two shower rooms are easily accessed on path to/from beach. Three decks. Huge round teak deck table seats 10 easily. Perfect for entertaining and family getaways. Very private. Stairs to private beach. Great swimming. Minutes to several Ocean beaches, biking paths, bird watching, tennis, golf, shops, restaurants. Enjoy beautiful National Seashore Park. House is on the route the Pilgrims first hiked and discovered Indian corn.
When you're ready to book, here are some tips to keep in mind.
Paying with a credit card on VRBO protects your payment for up to $10,000 against listing fraud. We recommend completing your booking on VRBO.Learn more
Member since: 2007
Property Type
- House
- 4400 sq. ft.
House Rules
- Max. occupancy 15
- Children Welcome
- Pets Considered
Accommodation Type
- Vacation Rental
- Wheelchair Inaccessible
Bedrooms: 7 Bedrooms, Sleeps 15
- Bedroom 1: 1 king
- Bedroom 2: 1 queen
- Bedroom 3: 2 twin/ single
- Bedroom 4: 1 queen, 1 sleep sofa /futon
- Bedroom 5: 2 twin/ single
- Bedroom 6: 1 king
- Bedroom 7: 2 twin/ single
- Enjoy dramatic water and beach and dune views from each of the 7 main bedrooms. At night, the twinkling lights of Provincetown define the edges of the hook of the Cape....moreless
Bathrooms: 6 Bathrooms
- Bathroom 1: toilet, combination tub/shower
- Bathroom 2: toilet, combination tub/shower
- Bathroom 3: toilet, shower
- Bathroom 4: toilet, shower
- Bathroom 5: toilet, shower
- Bathroom 6
- The Master Bath is unusually large, with separate basins and a private toilet room. A large 5' square window in the Master Bath looks out on the dunes and Bay. You can see the Provincetown lights from the bathtub! One of the two first floor bathrooms with a stall shower has a door to the outside front porch on the route to the beach and serves as a shower for rinsing off when returning from the beach. A large ground floor shower just inside a ground level door on path to beach provides a second rinsing area....moreless
Other Amenities
- Books
- DVD Player
- Radio
- Satellite / Cable
- Stereo
- Television
- Away From It All
- Family
- Autumn Foliage
- Bay/Sound
- Churches
- Cinemas
- Library
- Live Theater
- Marina
- Playground
- Pond
- Recreation Center
- Restaurants
- Winery Tours
Local Services & Businesses
- ATM/Bank
- Babysitter
- Fitness Center
- Groceries
- Massage Therapist
- Medical Services
Leisure Activities
- Beachcombing
- Bird Watching
- Horseback Riding
- Scenic Drives
- Sight Seeing
- Walking
- Whale Watching
Location Type
- Beach
- Waterfront
Sports & Adventure Activities
- Cycling
- Deepsea Fishing
- Fishing
- Golf
- Hiking
- Paragliding
- Roller Blading
- Sailing
- Sound/Bay Fishing
- Surf Fishing
- Surfing
- Swimming
- Tennis
- Water Skiing
- Wind-Surfing
- Dining Room
- Seating for 10 people
- Alarm Clock
- Basic Soaps
- Clothes Dryer
- Fireplace
- Hair Dryer
- Heating
- Internet
- Linens Provided
- Parking
- Parking Off Street
- Security System
- Telephone
- Toilet Paper
- Towels Provided
- Washing Machine
- Wireless Internet
- Blender
- Coffee Grinder
- Coffee Maker
- Cooking Utensils
- Dishwasher
- Freezer
- Grill
- Ice Maker
- Lobster Pot
- Microwave
- Oven
- Pantry Items
- Refrigerator
- Stove
- Toaster
- Outdoor Grill
- Outdoor Grill Gas
- Walkway To Water
- Wood Deck
RatesCurrency Conversion
|Weekend Night
|Monthly *
Spring 2016
Mar 31 - May 25, 2017
3 night min stay
Memorial Day Week
May 26 - Jun 1, 2017
7 night min stay
flat fee
Early June
Jun 2 - Jun 15, 2017
4 night min stay
Jun 16 to 23, 2017
Jun 16 - Jun 22, 2017
7 night min stay
flat fee
Summer 2017
Jun 23 - Aug 31, 2017
7 night min stay
Late Summer
Sep 1 - Sep 14, 2017
6 night min stay
Early Fall
Sep 15 - Sep 28, 2017
6 night min stay
Fall 2017
Sep 29 - Nov 16, 2017
3 night min stay
My Standard Rate
3 night min stay
Additional information about rental rates
- Refundable Damage Deposit $500
- Cleaning $300
- Taxes Not included
weekends off season are sometimes a possibility--rental fees negotiable
Owner's cancellation policy:
100% refund if canceled at least 30 days before arrival date.
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Car: Necessary
This dramatic house is located in a rural area at the end of a dirt and gravel road in a small community of houses in historic Truro, Massachusetts, one of the least developed areas of Cape Cod. Truro has miles of uninterrupted stretches of ocean and bay beaches. Much of the town is within the borders of the National Seashore Park, intersected by biking paths and nature walks. Tennis, shopping, fishing, whale watching cruises, and restaurants are available in nearby Wellfleet and Provincetown.
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- Primary: 202 244-9241 anytime
- Secondary: 202 360-6342 cell phone
Links to more information:
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Teak table and umbrella on main deck
Master bedroom with water views on 3 sides
Family room
Great room
Master bedroom bath
Twin bedroom on first floor
Deck and grill with Bay in background
One bedroom on 2nd floor with queen bed
House, looking towards Cape Cod Bay
Dining room & Great Room Looking towards Family room
Looking at dining room from family room
Deck with grill
Kitchen with skylights and opening to family room with Bay view
View of beach towards Provincetown from property
View of house from dune's edge
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text:
"Nick has been out to my house twice now. He always calls before he comes to make sure someone will be home. He is very polite and respectful. He makes sure to wipe his feet before he comes in the house, and keeps the area he's working in clean. There is never a mess after he leaves. The first visit was for a spring time tuneup on my system to get it ready for summer. He explained everything that he was doing, and checked all components inside and outside. He recommended cleaning out the furnace, as my blower was extremely dirty. His second trip was to clean the system, and again he explained everything he was doing. I was left with information to contact the company if there are any further issues. He is knowledgeable and friendly. All in all, a very positive experience."
Draper Humphrey's Heating and Air 2017-01-11T20:18:20+00:00


text:
Chen T.Y.,Swinburne University of Technology |
Hu P.,China Merchants Bank |
Li H.,University of Hong Kong |
Tse T.H.,University of Hong Kong
Information Sciences | Year: 2012
We present a flow analysis technique for detecting unreachable states and actions in concurrent systems. It is an enhancement of the approach by Cheung and Kramer. Each process of a concurrent system is modeled as a finite state machine, whose states represent process execution states and whose transitions are labeled by actions. We construct dependency sets incrementally and eliminate spurious paths by checking the execution sequences of actions. We prove mathematically that our algorithm can detect more unreachability faults than the well-known Reif/Smolka and Cheung/Kramer algorithms. The algorithm is easy to manage and its complexity is still polynomial to the system size. Case studies on two commonly used communication protocols show that the technique is effective. © 2012 Elsevier Inc. All rights reserved.
News Article | December 9, 2016
Site: en.prnasia.com
SANYA, China, Dec. 9, 2016 /PRNewswire/ -- Zhaopin Limited (NYSE: ZPIN) ("Zhaopin" or the "Company"), a leading career platform[1] in China focused on connecting users with relevant job opportunities throughout their career lifecycles, today announced winners of the "Top 30 Employers in China Award" for 2016, with Tencent topping the list. Winners of the 2016 awards were led by Top 10 employers that included, in order: Tencent, China Merchants Bank, BMW China, Alibaba, the People's Insurance Company (Group) of China, Vanke, Ping An Insurance (Group) Company of China, IBM, Mercedes-Benz, and Starbucks, which are all leaders in their respective industries. The full ranked list of the Top 30 Employers is set forth below. Among this year's "Top 30 Employers", 22 are local companies, indicating the rise of Chinese companies in both reputation and ability to compete for talents with prestigious global branded companies. In term of industries, seven companies are from the IT/internet sector, six are from the auto manufacturing, and four are from the finance sector. "Attracting and retaining talents is a core competency in the New Economy," said Mr. Evan Guo, Chief Executive Officer and Director of Zhaopin. "How to recruit and retain talents is an essential strategy for employers to drive growth and success. We found in our survey that respect, welfare and benefits, and equality are the most important factors when employees evaluate their employers and try to decide where to work." "The rise of workplace communities is a significant trend we have identified this year," he added. Workplace communities are formed with close relationships among employers and employees, who share the same goals and values. In such communities, all members are equal partners and enjoy a strong sense of belonging. With trust and respect in a flat structure, employees are motivated to reach their full potential and exercise their creativity. According to Mr. Guo, "Workplace communities are against centralization and hierarchy in traditional organizations. In such emerging and dynamic communities, employees share the same values, are equal partners in flat structures, and are empowered to show their creativity." This annual award is jointly issued by Zhaopin and Peking University's Institute of Social Science Survey. Now in its 11th consecutive year, the award has become a valuable reference for job seekers in China. This year, more than 9,700 companies participated in the selection, representing an increase of 80% over last year. The winners were selected based on their performance in brand strategy, reputation, organization structure, employee training, salary and welfare, and working environment. Their performance was evaluated via employee surveys, expert opinions, online voting and HR questionnaires. Besides the "Top 30 Employers in China," Zhaopin also announced the "Best Employers for Female Employees", "Best Employers for College Students", and "Socially Responsible Employers of the Year and Employers with the Most Potentials" for 2016. Winners of the "Best Employers for Female Employees" this year included Alibaba, BMW China, Bank of Communications, JD.com, Joyoung, Microsoft China, Vipshop, Starbucks, Industrial and Commercial Bank of China, and Gree Electric Appliances. Zhaopin's survey found that female employees are more stable and loyal to their employers than male employees. About 38% of female employees have never changed jobs, compared with 27% for male employees. About 20% of female employees have worked for their current employers for five years or more, compared with 10% for male employees. As for career goals over the next three years, female employees are giving more priority to improvement in skill sets, recognition of capabilities, and realization of self values, while male employees are seeking career success and realization of self values, according to the Zhaopin survey. Winners of the "Best Employers for University Students" in 2016 included IBM, Dalian Wanda, GOME, Lenovo, Nestle, Tencent, Perfect World, Sina, IKEA and China International Marine Containers (Group). When college students are looking for their ideal employers, the most important factor is "respect for employees". Other key considerations for college students included good income outlook, equal and fair treatment, welfare and benefits, and an attractive company culture. Foreign companies are still the top choices by 36.6% of college students who participated in the survey, followed by state-own enterprises which were chosen by 21.4% of college students. The top five cities most attractive to college students are Beijing, Shanghai, Chengdu, Guangzhou and Hangzhou. For college graduates, the average expected monthly salary for their first job is RMB5,792, according to the Zhaopin's survey. Zhaopin is a leading career platform in China, focusing on connecting users with relevant job opportunities throughout their career lifecycle. The Company's zhaopin.com website is the most popular career platform in China as measured by average daily unique visitors in each of the 12 months ended September 30, 2016, number of registered users as of September 30, 2016 and number of unique customers[2] for the three months ended September 30, 2016. The Company's over 125.2 million registered users include diverse and educated job seekers who are at various stages of their careers and are in demand by employers as a result of the general shortage of skilled and educated workers in China. In the fiscal year ended June 30, 2016, approximately 36.9 million job postings[3] were placed on Zhaopin's platform by 509,813 unique customers including multinational corporations, small and medium-sized enterprises and state-owned entities. The quality and quantity of Zhaopin's users and the resumes in the Company's database attract an increasing number of customers. This in turn leads to more users turning to Zhaopin as their primary recruitment and career- related services provider, creating strong network effects and significant entry barriers for potential competitors. For more information, please visit http://www.zhaopin.com. This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Zhaopin may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Zhaopin's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: Zhaopin's goals and strategies; its future business development, financial condition and results of operations; its ability to retain and grow its user and customer base for its online career platform; the growth of, and trends in, the markets for its services in China; the demand for and market acceptance of its brand and services; competition in its industry in China; its ability to maintain the network infrastructure necessary to operate its website and mobile applications; relevant government policies and regulations relating to the corporate structure, business and industry; and its ability to protect its users' information and adequately address privacy concerns. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and Zhaopin does not undertake any obligation to update such information, except as required under applicable law. For more information, please contact: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/zhaopin-unveils-2016-top-30-employers-in-china-300375907.html
Kui L.,Shenzhen Polytechnic |
Guangming W.,China Merchants Bank |
Yijun H.,Wuhan University
Acta Mathematica Scientia | Year: 2011
In this article, the authors consider the optimal portfolio on tracking the expected wealth process with liquidity constraints. The constrained optimal portfolio is first formulated as minimizing the cumulate variance between the wealth process and the expected wealth process. Then, the dynamic programming methodology is applied to reduce the whole problem to solving the Hamilton-Jacobi-Bellman equation coupled with the liquidity constraint, and the method of Lagrange multiplier is applied to handle the constraint. Finally, a numerical method is proposed to solve the constrained HJB equation and the constrained optimal strategy. Especially, the explicit solution to this optimal problem is derived when there is no liquidity constraint. © 2011 Wuhan Institute of Physics and Mathematics.
Innovation and Upgrading, High end and Advancement 2016 Convention on Exchange of Overseas Talents in China and the 18th Guangzhou Convention of Overseas Chinese Scholars in Science and Technology have made tremendous achievements and reached a record high level
News Article | December 24, 2016
Site: en.prnasia.com
GUANGZHOU, China, Dec. 25, 2016 /PRNewswire/ -- The 2016 Convention on Exchange of Overseas Talents in China and the 18th Guangzhou Convention of Overseas Chinese Scholars in Science and Technology were held from Dec. 21 to Dec. 22 at Guangzhou Baiyun International Convention Center. With "Pooling Talents, Realizing Dreams and Creating a Future" as the theme and "Orienting towards the World and Serving China" as the purpose, this year's convention is committed to attracting overseas talents and high-level projects to suit Chinese cities' needs to develop economy, strengthen efficient exchange and communication between suppliers and requisitioning parties and enhance the cooperation between talents and projects. It was learned from the press conference of the achievements of the 2016 Convention on Exchange of Overseas Talents in China that this year's convention had successfully held a series of activities in an atmosphere of innovation and pragmatism. The communication between talents and projects has reached a record-high level. Blazing new trails in a pioneering spirit, the overall scale of the 2016 convention was greater than the previous ones. In recent years, with the continued improvement of the influence of China's economy in the world, China has become an important choice destination for overseas talents to start businesses and seek opportunities for development. The promotion of Belt and Road Initiative offered new opportunities for the growth of overseas talents. Against such a backdrop, the Convention of Overseas Chinese Scholars in Science and Technology has been renamed to Convention on Exchange of Overseas Talents in China. Previously, the convention was for overseas Chinese scholars, but now it has been for overseas talents all around the world and has realized "Four Firsts": First, it is not limited to a specific country or region but it is a convention on exchange of overseas talents in China that embraces to the whole world with the highest level and largest scale. Second, the attendees of the convention are not limited to overseas Chinese scholars but include high-level foreign talents, talents from Hong Kong, Macao and Taiwan and outstanding Chinese and overseas Chinese. Three, Overseas branch fields were established to interconnect. Fourth, "Internet+CEOTC" mode set up a connected platform for customized classification to highlight serving China's strategy and adapt to the new trend of world economic integration. According to the supply scale of talent project, all participating exhibitors strength and the effect of implementing communication and exchange exceeds previous ones. This year's convention attracted over 3,300 overseas talents from the U.S., Canada, the U.K., Australia and Commonwealth of Independent States, with PhD holders accounting for 65 percent and talents with the ambitions to start businesses for 70 percent. These talents brought a total of more than 1,000 science and technology development projects to the convention which attracted over 20 well-known experts and academicians from home and abroad. The overseas scholars are mainly engaged in disciplines and fields including biomedicine, smart making, electronic information, new materials, new energy, environmental protection, management and finance. Some of the projects represented the advanced development of the world's technology and filled in some blanks for China's technology. 17,000 jobs were offered at the convention by 173 government delegations and 193 institutes of higher learning and academies of scientific research from four municipalities directly under the Central Government and 29 provinces, cities and autonomous regions, which demonstrated the whole nation's determination and ambition of attracting and introducing talents. During the two-day convention, the number of the attendees reached a record high of more than 49,000. Tailor-made recruitment for talents demanded urgently for economic and social development. To strengthen the effectiveness of brain gain, the convention integrated its online and offline resources and tailored six special recruitment events for overseas talents at different levels, from the perspectives of different groups, regions and professions. Companies joining in the recruitment covered various fields, such as energy, biology, medicine, IT, finance, automobile, etc. One could find some famous enterprises, including Alibaba Group, Walmart, Midea, Wanda Group, Toshiba, China Mobile, China Unicom, GAP Group, China Merchants Bank, HSBC, Country Garden, etc. The main venue and the six special areas for the World 500 Fortune and Pazhou Internet Innovation Cluster Area, etc. attracted over 2,200 overseas talents. The whole event involved 161 corporations, provided 1,641 jobs and received nearly 1,800 job applications. This year, the convention adopted video recruitment for the first time, with Guangzhou being the main venue and Singapore and Australia being the branch venues. The video recruitment attracted over 100 overseas talents from Singapore, Australia, UK, Hong Kong and Macao, 75% of which own doctor degrees. The person-post matching degree surpassed 85%. In addition, the convention applied an O2O individual mobile platform. The overseas talents can send job applications to their intended firms and make on-site job interview appointments through scanning the QR code of the convention by phone. 335 recruiters released almost ten thousand pieces of job news online and the total page views at PC and mobile terminals were more than 128 thousand, receiving as many as 32 thousand times of job intentions. Major projects were successfully implemented. During the convention, Guangzhou Municipal Government and RAS signed an agreement on scientific and technological cooperation; 11 projects, including the smart platform research on the automobile market demand and competition in China, are promoted to be tentatively located in Guangzhou Economic & Technological Development District, involving numerous fields like medicine, 3D printing, platform development, credit evaluation, etc. The proposed investment amounted to about 500 million. Over 20 scholars of the "Thousand Talents Plan" are willing to be settled in Guangzhou. According to an incomplete survey, there were 13,528 times of matching, with the result of 1,306 projects intended for contract. Communications and exchanges for the districts of Guangzhou happened nearly 2,500 times, resulting in 80 projects intended for contract. The supporting facilities were further improved. In terms of venue, Haichuang Technological Park at Guangzhou Economic & Technological Development District was set as the "Pilot Park of Convention on Exchange of Overseas Talents", involving investment of 1.5 billion RMB. Regarding policy encouragement, it is promoting the Implementation Opinions on "Kapok Plan" of Guangzhou to Encourage Overseas Talents to Start Business in Guangzhou. As to financial support, it utilized market forces to provide investing and financing support of 15 million RMB in 3 years for projects contracted during the convention. Focusing on development and highlighting the professionalism of the forums, 51 forums, discussions, annual promotions, etc. took place during the convention, covering hot topics such as macro-economy, politics and current news, entrepreneurship and innovation, "internet +", social welfare, etc. The activities focused on a number of fields, including entrepreneurship and innovation, supply side structure reform, innovation driven, the strategic and advanced science and technology of the "One Belt and One Road" initiative, advanced manufacturing, emerging industry, etc. The convention was honored by the presence of several high-level overseas experts from such developed areas as Europe, America, Japan, etc. and countries along the "One Belt and One Road", including Sune Svanberg …Ante Glibota…. The participation and exchanges of these experts greatly improved professionalism of the convention. Getting close to the forefront of science and technology and demonstrating a development trend in the future. Covering an exhibition area of 23,000 square meters, the convention was involved in the new generation of information technology, new materials, high-end equipment manufacturing, biomedicine, energy saving and environmental protection and other fields. When the organizers of the convention recruited exhibitors, booths were always in short supply. The result of the exhibition of "Thousand Talents Program" demonstrated "Thousand Talents Program" experts' achievements of more than 300 cutting-edge technology projects. Dr. Pan Jianwei, the chief scientist of Chinese Academy of Sciences Quantum Science Experiment Satellite Pilot Project, debuted scene with his "Mozi" Model. Gan Zhongxue demonstrated his design of "Wang Yangming simulation robot" in displaying calligraphy and imitating the user's handwriting. "New Era · New Vision - VR / AR Experience Pavilion" demonstrated the new products and research results in the VR / AR field, which can be applied to education, medical treatment, real estate, urban planning, art and design, social contact and other fields Liwan District Guangzhou demonstrated Graphene Touching Wall which made use of the new materials technology of Graphene and was integrated with laser holographic projection technology to change a static mural into dynamic animation. Dr. Caiwei, the world-renowned expert of new energy vehicle motors, demonstrated a new energy motor system. Building "The Never Ending Convention on Exchange of Overseas Talents in China" To start the information system construction of the Convention on Exchange of Overseas Talents in China: The connection and communication between overseas talent projects and venture capital institutions, domestic enterprises, and startup parks will be achieved to collect, manage and use the information of overseas talents. To implement "Internet+CEOTC": Online recruitment, project roadshow and other functional modules shall be developed to exchange all-around demands from online platform and offline opportunities. To interact among 4 places around the world: First, 3 overseas branch fields will be established in the United States, Australia and Singapore to implement online project roadshow and overseas talent recruitment and the event will be shared at 4 places. To open up the mobile terminal system: The website of the convention will be seamlessly connected with the WeChat platform to facilitate talent registration and reduce data printing volume. "Come to Guangzhou, Do entrepreneurship and Make innovation" As the host of the convention, Guangzhou will adhere to the purpose of "Orienting towards the World and Serving China" and actively provide a service platform to participating exhibitors from nearby provinces. Meanwhile, Guangzhou will continue to build a good platform for overseas talents to create innovation and entrepreneurship. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/innovation-and-upgrading-high-end-and-advancement-2016-convention-on-exchange-of-overseas-talents-in-china-and-the-18th-guangzhou-convention-of-overseas-chinese-scholars-in-science-and-technology-have-made-tremendous-achievement-300383531.html
Toll Brothers and Gemdale Join Forces to Develop Luxury Condominium in Manhattan's Storied Gramercy Park Neighborhood
News Article | December 8, 2016
Site: globenewswire.com
HORSHAM, Pa., and NEW YORK, Dec. 08, 2016 (GLOBE NEWSWIRE) -- Toll Brothers, Inc., the nation's leading builder of luxury homes (NYSE:TOL) (tollbrothers.com), and Gemdale Properties and Investments ("GPI", 535.HK), an affiliate of Gemdale Corporation (600383.SH), one of China's largest and leading real estate developers, announced today their formation of a joint venture to co-develop a luxury condominium project at 121 East 22nd Street in Manhattan. The project consists of a two-tower, 133-unit luxury condominium building, designed by the Office for Metropolitan Architecture (OMA), which was founded by Pritzker Prize-winning architect Rem Koolhaas. Designed by principal Sho Shigematsu, the residential tower marks the firm's first building in Manhattan, as well as Sho's decade-long tenure directing OMA New York. The project is located in Manhattan's exclusive Gramercy Park neighborhood on a site spanning East 22nd Street to East 23rd Street with corner frontage on Lexington Avenue at 23rd Street. The building will have two connected towers with a single residential entrance on East 22nd Street. The site lies one block north of the prestigious Gramercy Park, placing the project in the heart of the neighborhood which is home to a wealth of history, art, and exceptional dining. Tree-lined streets offer area residents a distinctive setting in close proximity to Midtown Manhattan, one of the most highly concentrated Class A business centers in the world, and within blocks of Silicon Alley, a tech hub benefiting from one of the most significant flows of venture capital in the United States. The site is also a short stroll to both Madison Square Park and Union Square Park. The Toll Brothers-Gemdale joint venture has secured a $237 million construction loan from a syndicate of five banks including Bank of New York Mellon as Administrative Agent and Joint Lead Arranger, Capital One as Joint Lead Arranger, China Merchants Bank New York, MUFG Union Bank, N.A., and CIT Bank. The debt and equity were arranged by Toll Brothers' in-house Finance Department. Douglas C. Yearley, chief executive officer of Toll Brothers, stated: "We are very pleased to team with Gemdale to develop this spectacular luxury condominium project. 121 East 22nd Street is another in a long line of dramatic, residential projects built by Toll Brothers City Living in the New York City market. Its exceptional location within the Gramercy Park neighborhood makes this one of the most appealing buildings in which to live in all of New York City." Jason Zhu, Chairman of Gemdale USA, stated: "This distinctive 121 East 22nd Street project benefits from a world-class Pritzker Prize-winning architectural firm which has designed some of the leading buildings in the world." Michael Krupa, President of Gemdale USA, stated: "We are delighted to work with Toll Brothers, a Fortune 600 Company, and the leading builder of luxury homes in the U.S., with a nearly 50-year history of developing exceptional projects across the country. Moreover, we are delighted and honored to be part of such an iconic project in Manhattan's distinctive Gramercy Park neighborhood." Frederick N. Cooper, Toll Brothers' Senior Vice President of Finance, International Development and Investor Relations, stated: "We are excited to be partnering with Gemdale to develop this unique project. This, our first joint venture with Gemdale, is the culmination of a relationship spanning ten years and multiple interactions both in the U.S. and China. We also are very pleased that our solid banking relationships have resulted in a strong lending group to finance this landmark project." Toll Brothers, Inc., A FORTUNE 600 Company, is the nation's leading builder of luxury homes. The Company began business in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol "TOL." The Company serves move-up, empty-nester, active-adult, and second-home buyers and operates in 20 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Idaho, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, Texas, Virginia, and Washington, as well as in the District of Columbia. Toll Brothers builds an array of luxury residential single-family detached, attached home, master planned resort-style golf, and urban low-, mid-, and high-rise communities, principally on land it develops and improves. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, home security, and landscape subsidiaries. The Company also operates its own lumber distribution, house component assembly, and manufacturing operations. Through its Gibraltar Capital and Asset Management joint venture, the Company provides builders and developers with land banking and joint venture capital. The Company acquires and develops commercial and apartment properties through Toll Brothers Apartment Living, Toll Brothers Campus Living, and the affiliated Toll Brothers Realty Trust, and develops urban low-, mid-, and high-rise for-sale condominiums through Toll Brothers City Living. In 2016, Toll Brothers ranked #6 among all 1,500 companies in Fortune magazine's survey of the World's Most Admired Companies in the Quality of Products/Services Offered category behind only Apple, Walt Disney, Amazon, Alphabet, and Nordstrom. The firm was also named as the Most Admired Home Building Company for 2016, the second year in a row it has been so honored. Toll Brothers was named 2014 Builder of the Year by Builder magazine, and is honored to have been awarded Builder of the Year in 2012 by Professional Builder magazine, making it the first two-time recipient. Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company sponsors the Toll Brothers Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world. For more information, visit www.tollbrothers.com. Toll Brothers discloses information about its business and financial performance and other matters, and provides links to its securities filings, notices of investor events, and earnings and other news releases, on the Investor Relations section of its website (tollbrothers.com/investor-relations). Toll Brothers City Living® is the urban development division of Toll Brothers, Inc., the nation's leading builder of luxury homes. Toll Brothers City Living® is bringing the same quality, value, and service familiar to our luxury home buyers throughout the country to some of the most dynamic urban markets including New York City; Hoboken and Jersey City, New Jersey; Philadelphia, Pennsylvania; and the Greater Washington, D.C., metro area. Toll Brothers City Living communities combine the energy of an urban lifestyle with unparalleled amenities, spectacular architecture, and energy-efficient home design. For more information, visit www.tollbrotherscityliving.com. Gemdale Properties and Investment, a subsidiary of Gemdale Corporation, is a leading real estate developer and operator in the Greater China region. Gemdale PI is listed on the Hong Kong Stock Exchange (535.HK) and is principally engaged in residential, commercial, and business park property investment, development and management. Gemdale PI currently operates 43 projects covering 15 major cities in China. Since its first investment in the U.S., in Los Angeles in 2015, Gemdale PI has expanded rapidly in the international property market and intends to expand its presence in other carefully selected major metropolitan cities around the world. Gemdale Corporation (600383.SH) was founded in 1988 and listed on the Shanghai Stock Exchange in 2001. Gemdale Corporation is renowned for being a large-scale national property developer in China with highly regarded projects throughout the country. While Gemdale's roots are in the residential condominium sector, with over 45,000 residential condominium units built and sold in 29 major cities in China in 2015 alone, Gemdale has also embarked in recent years on commercial/mixed-use developments as well as real estate private equity funds management. Gemdale has received numerous real estate industry awards over the years, including "Top 10 China Listed Real Estate Companies in terms of Comprehensive Strength," "Blue Chip Property Developers in China," and the "Most Valuable Listed Real Estate Enterprise in China," amongst other honors. Certain information included in this release is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, information related to: anticipated operating results; anticipated financial performance, resources and condition; selling communities; home deliveries; average home prices; consumer demand and confidence; contract pricing; business and investment opportunities; market and industry trends; and the anticipated benefits to be realized from the acquisition of Coleman Homes. Such forward-looking information involves important risks and uncertainties that could significantly affect actual results and cause them to differ materially from expectations expressed herein and in other Company reports, SEC filings, statements and presentations. These risks and uncertainties include, among others: local, regional, national and international economic conditions; fluctuating consumer demand and confidence; interest and unemployment rates; changes in sales conditions, including home prices, in the markets where we build homes; conditions in our newly entered markets and newly acquired operations; the competitive environment in which we operate; the availability and cost of land for future growth; conditions that could result in inventory write-downs or write-downs associated with investments in unconsolidated entities; the ability to recover our deferred tax assets; the availability of capital; uncertainties in the capital and securities markets; liquidity in the credit markets; changes in tax laws and their interpretation; effects of governmental legislation and regulation; the outcome of various legal proceedings; the availability of adequate insurance at reasonable cost; the impact of construction defect, product liability and home warranty claims, including the adequacy of self-insurance accruals, and the applicability and sufficiency of our insurance coverage; the ability of customers to obtain financing for the purchase of homes; the ability of home buyers to sell their existing homes; the ability of the participants in various joint ventures to honor their commitments; the availability and cost of labor and building and construction materials; the cost of raw materials; construction delays; domestic and international political events; weather conditions; and the anticipated benefits to be realized from the acquisition of Coleman Homes. For a more detailed discussion of these factors, see the information under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent annual report on Form 10-K and our subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. Any or all of the forward-looking statements included in this release are not guarantees of future performance and may turn out to be inaccurate. Forward-looking statements speak only as of the date they are made. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
Zhang Z.,CAS Institute of Software |
Chan W.K.,City University of Hong Kong |
Tse T.H.,University of Hong Kong |
Yu Y.T.,City University of Hong Kong |
Hu P.,China Merchants Bank
Journal of Systems and Software | Year: 2011
Fault localization is a major activity in program debugging. To automate this time-consuming task, many existing fault-localization techniques compare passed executions and failed executions, and suggest suspicious program elements, such as predicates or statements, to facilitate the identification of faults. To do that, these techniques propose statistical models and use hypothesis testing methods to test the similarity or dissimilarity of proposed program features between passed and failed executions. Furthermore, when applying their models, these techniques presume that the feature spectra come from populations with specific distributions. The accuracy of using a model to describe feature spectra is related to and may be affected by the underlying distribution of the feature spectra, and the use of a (sound) model on inapplicable circumstances to describe real-life feature spectra may lower the effectiveness of these fault-localization techniques. In this paper, we make use of hypothesis testing methods as the core concept in developing a predicate-based fault-localization framework. We report a controlled experiment to compare, within our framework, the efficacy, scalability, and efficiency of applying three categories of hypothesis testing methods, namely, standard non-parametric hypothesis testing methods, standard parametric hypothesis testing methods, and debugging-specific parametric testing methods. We also conduct a case study to compare the effectiveness of the winner of these three categories with the effectiveness of 33 existing statement-level fault-localization techniques. The experimental results show that the use of non-parametric hypothesis testing methods in our proposed predicate-based fault-localization model is the most promising. © 2011 Elsevier Inc. All rights reserved.
Chen X.,China Merchants Bank
Ruan Jian Xue Bao/Journal of Software | Year: 2013
Due to the defects caused by design principle and mechanism, Trusted Computing Platform can't effectively protect the system security from physical attacks. A novel design method based on signal integrity analysis was introduced to solve this problem. Based on the work stated above, this paper proposes a revised logical hierarchical design of TPM-APM (TPM-analog parameter measurement) sub-module. Furthermore, engineering implementation method of TPM-APM sub-module is provided by measuring the analog parameters of delay. Through comparing eye patterns, the practicability of implementing the TPM-APM sub-module is verified. Detailed analysis and experiment reveal that the revised TPM-APM sub-module can effectively enhance the ability of protecting Trusted Computing Platform against physical attacks. © Institute of Software Chinese Academy of Sciences.
RETRACTED ARTICLE: The future of the international financial system and the role of emerging economics
Zhong D.,China Merchants Bank
Proceedings of the International Conference on E-Business and E-Government, ICEE 2010 | Year: 2010
The global financial crisis reveals the inherent shortcomings and instability of the current international monetary system. In the long-run, it has been a tendency to reform the failing system and make it lend order and stability to foreign exchange markets, encourage the elimination of balance-of-payments problems, and provide access to international credits in the event of disruptive shocks. For the emerging markets, the main question is how to play their own role in the next international monetary system reform? © 2010 IEEE.
Cross-correlations between energy and emissions markets: New evidence from fractal and multifractal analysis
Wang G.-J.,Hunan University |
Xie C.,Hunan University |
Chen S.,Hunan University |
Han F.,China Merchants Bank
Mathematical Problems in Engineering | Year: 2014
We supply a new perspective to describe and understand the behavior of cross-correlations between energy and emissions markets. Namely, we investigate cross-correlations between oil and gas (Oil-Gas), oil and CO2 (Oil-CO2), and gas and CO2 (Gas-CO2) based on fractal and multifractal analysis. We focus our study on returns of the oil, gas, and CO2 during the period of April 22, 2005-April 30, 2013. In the empirical analysis, by using the detrended cross-correlation analysis (DCCA) method, we find that cross-correlations for Oil-Gas, Oil-CO2, and Gas-CO2 obey a power-law and are weakly persistent. Then, we adopt the method of DCCA cross-correlation coefficient to quantify cross-correlations between energy and emissions markets. The results show that their cross-correlations are diverse at different time scales. Next, based on the multifractal DCCA method, we find that cross-correlated markets have the nonlinear and multifractal nature and that the multifractality strength for three cross-correlated markets is arranged in the order of Gas-CO2 > Oil-Gas > Oil-CO2. Finally, by employing the rolling windows method, which can be used to investigate time-varying cross-correlation scaling exponents, we analyze short-term and long-term market dynamics and find that the recent global financial crisis has a notable influence on short-term and long-term market dynamics. © 2014 Gang-Jin Wang et al.
News Article | March 29, 2016
Site: www.fastcompany.com
After spending a month in beta, Samsung Pay officially launched in China today, reports Engadget. Samsung Pay is the company's mobile payment solution that allows owners of some of its smartphone to use those devices to make purchases in apps and also at brick-and-mortar retailers. The service is typically compared to Apple Pay, which rolled out in America in 2014 and in China this past February. In addition to the similar name and features, the rollout of Samsung Pay in China mirrors Apple in that its initial credit and debit card partner in the country is also UnionPay. As Engadget notes, the banks supporting Samsung Pay at launch will be ICBC, China's largest, as well as China Construction Bank and China Merchants Bank. More banks are expected to sign up this year. Phones that will support Samsung Pay in China include the Galaxy S7, Galaxy S7 Edge, Galaxy S6 Edge+, and Galaxy Note 5. Besides having one of the largest economies on the planet, both Samsung and Apple are so interested in China from a mobile payments perspective because the country embraced mobile wallets with a fervor not seen in other countries. In the third quarter of 2015, Chinese citizens made 4.54 billion mobile payment transactions totaling 18.17 trillion yuan (about $2.8 trillion), according to the latest Chinese government figures. As Engadget notes, that's a staggering 253% year-on-year growth.


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Calle 53 Este Marbella Y Ave. 5Ta B Sur, Panama City, Panama
The 4-star Ghl Princess Panama Hotel is situated in the heart of Panama City. This exclusive hotel dates from 1997 and was refurbished in 2003.
The hotel is conveniently located in the financial district, close to museums and the palace. The distance between Panama City city center and the property is 2 km.
The hotel offers 128 rooms. All of them feature an in-room safe, free Wi-Fi, a minibar, a wardrobe and TV. The modern rooms feature the city view. They are fitted with tiled bathrooms with a shower, a hairdryer and bath sheets.
The 24-hour restaurant serves international dishes.
Ghl Princess Panama Hotel lies within 5 minutes' drive to Paitilla-Marcos A. Gelabert airport.
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Important information
- Children and extra beds
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- Cribs Available
Calle 53 Este Marbella Y Ave. 5Ta B Sur, Panama City, Panama
The hotel offers 128 rooms. All of them feature an in-room safe, free Wi-Fi, a minibar, a wardrobe and TV. The modern rooms feature the city view. They are fitted with tiled bathrooms with a shower, a hairdryer and bath sheets.
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Sercotel Panama Princess
Calle 53 Este Marbella Y Ave. 5Ta B Sur, Panama City, Panama
What's nearby
- Local attractions
- Panama Divers PADI Dive Resort250 m
- Jungle Jeep Adventure850 m
- City Center4.1 km
- Maracana Stadium4.9 km
- Presidential Palace3.2 km
- Airports
- Paitilla-Marcos A. Gelabert4.0 km


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Haigh, Richard, Amaratunga, Dilanthi, Liyanage, Champika, Ginige, Kanchana, Arambepola, N M S I and Dutta, Rishiraj (2015) South Asian regional position paper on Horizon 2020 societal challenges. CASCADE Project . 1 -50. (Unpublished)
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Pre Conference Workshops
A number of workshops are planned for Monday 25 September in advance of the conference.
Confirmed Workshops
How to Write a Great Research Paper, and get Published in a Top Journal
Deirdre Dunne, Environmental Sciences Department, Elsevier, The Netherlands.
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Wednesday 26th of April 2017
Last Update
Southern EU Leaders Say U.S. Strike on Syria 'Understandable'
The leaders of southern EU nations said Monday that a U.S. missile strike on a Syrian air base in retaliation for a suspected chemical attack was "understandable," as diplomatic tensions mount over the incident.
Gathered at a summit in Madrid on the EU as Britain prepares to leave the bloc, the leaders -- including Spanish Prime Minister Mariano Rajoy and France's Francois Hollande -- also called on Brussels and London to first negotiate divorce terms before any future deal with the union.
"The strike launched by the United States on Shayrat Airfield in Syria had the understandable intention to prevent and deter the spread and use of chemical weapons and was limited and focused on this objective," the seven leaders said in a joint statement after the summit.
Last week's suspected attack on a rebel-held Syrian town killed at least 87 civilians, including many children.
In their statement, the leaders condemned "in the strongest terms the air strike with chemical weapons."
"The repeated use of chemical weapons in Syria, both by the (Bashar al-) Assad regime since 2013 and by Daesh (Islamic State group) constitute war crimes," they added.
News of the April 4 tragedy provoked strong condemnation, including from Washington.
U.S. President Donald Trump said the alleged attack "crosses many, many lines."
On Thursday, he ordered a massive military strike against the Syrian air base in retaliation for the attack that Washington said involved a sarin-like nerve agent.
- Brexit -
The United States has also taken a hard line with Russia, which supports the Assad regime.
While stopping short of accusing the Russians of complicity, U.S. Secretary of State Rex Tillerson has accused Moscow of being "incompetent" in failing to prevent it, and possibly "outmaneuvered" by the Syrian regime.
Speaking after the Madrid meeting, Hollande said the alleged attack had demanded a response, which he said Washington had provided.
"The Russians cannot decide alone the future of this country along with Iran," he said, pointing to another Assad ally.
Syria aside, the summit in Madrid -- which apart from Rajoy and Hollande also brought together the leaders of Italy, Portugal, Greece, Cyprus and Malta -- aimed at putting on a united front on Brexit.
"First we must negotiate (Britain's) withdrawal, and then we will talk of future ties," Rajoy summed up after the summit.
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It is the third gathering of its kind following meetings in Athens in September and Lisbon in January.
The leaders also discussed the future of the bloc after Britain leaves, as well as crux issues such as the economy and the refugee crisis.
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Worry for Solar Projects After End of Tax Credits
NY Times: For more than a year now, an enormous solar thermal power plant has been humming along in the Arizona desert, sending out power as needed, even well after sunset. The plant, called Solana, was developed by the Spanish energy and technology company Abengoa and has succeeded in meeting an elusive solar goal — producing electricity when the sun is not shining — and displacing fossil-fuel-based power in the grid.
"With the sun going down at 6 or 7 o'clock at night, all the other forms of solar production are essentially going to zero," said Brad Albert, general manager for resource management at Arizona Public Service, the state's main utility, "while Solana is still producing at full power capability. It just adds a whole lot of value to us because our customer demand is so high even after the sun goes down."
Indeed, Abengoa opened another mammoth plant on Friday in the Mojave Desert in California that uses the same approach. But despite the technology's success, Abengoa and other developers say they do not have plans at the moment to build more such plants in the United States.
And that is largely because of uncertainty surrounding an important tax credit worth 30 percent of a project's cost. Although the subsidy, known as the Investment Tax Credit, is to remain in place until the end of 2016, when it will drop to 10 percent, that does not give developers enough time to get through the long process of securing land, permits, financing and power-purchase agreements, executives and analysts say.
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