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This momentum driven market seems to be getting a bit longer in the tooth by the day, but continues to grind higher. It has been an impressive march given the backdrop of negative news; higher gas prices, Middle Eastern turmoil, European Debt issues, accelerating inflation, etc. However, I feel it will end before the cessation of QE2 as I believe the excess liquidity this program enabled fueled a good portion of the gains in these high beta, richly priced stocks. Good solid blue chip stocks paying good dividends with reasonable valuations like MSFT, ABT, XOM, TEF, and INTC should hold up much better than the market overall when the summer correction comes.
I call this momentum driven equity surge "The Cramer Market" as noone epitomizes momentum investing more than the Great One. I was looking through his 15 picks on the 04/14 Mad Money recap yesterday. All but one or two were princely valued, high beta stocks that have had a huge run since QE2 began. Here are three that are richly priced by a variety of measures (P/E, P/S, P/CF, etc.), have heavy insider selling and seem poised for a significant pullback should the market hit any turbulence.
Whole Foods Market Inc (WFMI) - Whole Foods Market, Inc. engages in the ownership and operation of natural and organic food supermarkets. The company offers produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, coffee and tea, nutritional supplements, and vitamins. Whole Foods is priced at over 35 times this year's earnings and close to 33 times next year's consensus.
Insiders have sold over 30% of their shares over the previous six months. Given the impact rising gas prices are likely to have on consumer sentiment and spending, and higher food prices, WFMI looks vulnerable to a selloff at some point over the summer.
Perrigo (NASDAQ:PRGO) - Perrigo Company, through its subsidiaries, develops, manufactures, and distributes over-the-counter (OTC) and generic prescription (Rx) pharmaceuticals, nutritional products, infant formulas, active pharmaceutical ingredients (API), and pharmaceutical and medical diagnostic products worldwide. It operates in four segments: Consumer Healthcare, Nutritionals, Rx Pharmaceuticals, and API. The Consumer Healthcare segment offers OTC pharmaceutical products, including analgesics, smoking cessation, gastrointestinal, cough/cold/allergy/sinus, first aid, and feminine hygiene products. The Nutritionals segment provides infant formula products, infant and toddler foods, oral electrolyte solution products, and vitamin, mineral, and dietary supplement products.
Perrigo is selling at 22 times this year's earnings and roughly 20 times 2012's consensus. Perrigo is valued at the very top end of its five year range when measured by P/S, P/B, and P/CF. Insiders have sold almost 95% of their shares over the last six months.
Lululemon (NASDAQ:LULU) - Lululemon Athletica Inc. engages in the design, manufacture, and distribution of athletic apparel and accessories for women, men, and female youth in Canada, the United States, and Australia. LULU is a solid retailer, but its valuation is stretched at 50 times this year's earnings and 40 times 2012's projected earnings. Insiders have sold approximately 18% of their shares over the previous six months.
I believe LULU is priced to perfection and any slowdown in consumer spending caused by higher energy prices would leave high priced retailers like this one particularly susceptible. During the gas price run up in the first half of 2008, LULU lost over 50% of its value.

subset: commoncrawl


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Index >> Network & Internet >> Download Managers >> Azureus >> Download
Report SpywareAzureus 4.2
Read user reviews Submit a review Check last version on developer's site
Download Links:
Click the file link below to download Azureus 4.2 (Vuze_Installer.exe) from software publisher's official website. You can right-click the file link and select "Save link as..." menu to download this file to a specified directory on your computer.
Warning: The download URL links to a file which may be missing, deleted or redirected to other file. It's not recommended to download it.


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Figure 1. Academic profile of female ophthalmologists, 1969-2009.
Figure 2. Parallel trend between US female physician profile and first author female profile.
Journal Club Slides
Mansour AM, Shields CL, Maalouf FC, et al. Five-decade profile of women in leadership positions at ophthalmic publications. Arch Ophthalmol. 2012;130(11):1441-1446.
Mansour AM, Shields CL, Maalouf FC, Massoud VA, Jurdy L, Mathysen DGP, Jaafar D, Aclimandos W. Five-Decade Profile of Women in Leadership Positions at Ophthalmic Publications. Arch Ophthalmol. 2012;130(11):1441-1446. doi:10.1001/archophthalmol.2012.2300
© 2017
Author Affiliations: Department of Ophthalmology, American University of Beirut, Rafic Hariri University Hospital, Beirut, Lebanon (Drs Mansour, Maalouf, Massoud, Jurdy, and Jaafar); Ocular Oncology Service, Wills Eye Institute, Thomas Jefferson University, Philadelphia, Pennsylvania (Dr Shields); Department of Ophthalmology, Antwerp University Hospital, University of Antwerp, Antwerp, Belgium (Dr Mathysen); and Department of Ophthalmology, King's College Hospital, London, England (Dr Aclimandos).
Objective To evaluate the balance between the sexes of published ophthalmic material at the editorial, reviewer, and author levels.
Design Cross-sectional study of 3 journals, American Journal of Ophthalmology, Archives of Ophthalmology, and Ophthalmology, for 1969, 1979, 1989, 1999, and 2009. The data were compared with ophthalmologist-in-training and physician profile in major contributing states from North America and Europe during the same period.
Results Of the 3 major ophthalmology journals, none had a female editor-in-chief. For all journals, the proportion of editorial board members who were women increased from 3.3% in 1969 to 18.8% in 2009. For all journals and all years, women composed a higher proportion of first authors (29.2% in 2009) compared with senior authors (22.9% in 2009), reviewers (18.9% in 2009), or assistant editors (12.5% in 2009). There was an abrupt shift toward women after 1989 in first authorship in Ophthalmology (1969, 4.6%; 1979, 5.4%; 1989, 12.3%; and 1999, 20.2%), Archives of Ophthalmology (1969, 6.6%; 1979, 5.1%; 1989, 15.6%; and 1999, 28.6%), and American Journal of Ophthalmology (1969, 5.6%; 1979, 4.2%; 1989, 9.2%; and 1999, 23.9%). There was also an abrupt increase in female senior authorship for American Journal of Ophthalmology after 1989 (1979, 8.5%; 1989, 8.1%; and 1999, 18.3%). The increase in female first authorship during the 5 decades was parallel with the increase in US female physicians.
Conclusions Women ophthalmologists are authoring publications in increasing numbers that match their prevalence in the academic and overall workforce. However, all editors are men. This discrepancy relates to the relatively younger generation of female ophthalmologists or selection bias, a subject that requires further investigation.
The Russian medical community, including the ophthalmic community, has been largely dominated by women since the Bolshevik revolution.1 Meanwhile, in the developed world, women have lagged behind men in most of the domains of medicine.2- 22 Little has been known about the research productivity of women ophthalmologists.23,24 The aim of the current article is to analyze the role of women in the various processes of publication.6,25- 42 We sought to measure the progress women have made in the last 5 decades in terms of contributing to the knowledge base (authorship) and achieving a reputation as leading contributors or leaders (editors and editorial board members) in the field of ophthalmology. We also explore whether such progress was attributed simply to an increasing number of women in the field.
Three major ophthalmology journals were analyzed for sex research productivity indexes during the past 5 decades. Ophthalmology, Archives of Ophthalmology, and American Journal of Ophthalmology were selected because each ranks high for journal impact factor and readership during the past 50 years. Indexes analyzed included first author, senior author (reprint request author), reviewer, editorial board, assistant to the editor, and editor. Only original articles were included in the current study using the hard-copy version of the journals.
Because the 3 journals under study are international and more than 80% of articles are contributed from North America (nearly half) and Western Europe (nearly one-third)32 (according to a study conducted in 2002), we tried to include data (total physicians, ophthalmologists, and ophthalmologists-in-training) from the countries that have published the most, such as the United States,19,21,31 Germany, France, Australia, Canada, United Kingdom, Japan, Italy, and Sweden.32
Sex was determined by inspection of first name, and for cases in which sex was uncertain, attempts were made to discern the sex through Internet searches using the Google search engine and related sites (genderchecker.com).
We combined the 3 journals' data for each year. Trend analysis was performed using analysis of variance linear regression within the group and Pearson bivariate correlation between groups. Significance was set at the P <.05 level. We used SPSS statistical software, version 19, for statistical calculation (SPSS Inc).
The 3 journals in hard copy had the following entire years screened for original articles: 1969, 1979, 1989, 1999, and 2009. The results are given in Table 1, Table 2, Figure 1, and Figure 2. All categories revealed a significant increase over time (first author, P = .005; senior author, P = .006; reviewer, P = .007; and editorial board, P = .01). Women had low representation in the authorship (first and senior) and reviewer categories for 1969 and 1979 (Figure 1). The rate for lead author almost doubled in 1989 and quadrupled in 1999, and thereafter the increase was modest (Table 1). The rate for reviewer quadrupled in 1989. For example, the journal Ophthalmology revealed 4.6% female first authors in published original reports during 1969, 5.4% in 1979, 12.3% in 1989, 20.2% in 1999, and 26.7% in 2009. In the journal Ophthalmology, women represented 11.3% of all senior authors in 1989, 15.6% in 1999, and 22.8% in 2009. Also in the journal Ophthalmology for 1999 and 2009, women were further less represented in the category of senior author vis-à-vis first author by approximately 4% and in the category of reviewer vis-à-vis first author by approximately 6% to 8%. Most assistant editors (3.4%) and editors (100%) were men.
There was a 10-fold increase between 1969 (3.6%) and 1999 (37.7%) in women enrolled in training in various US ophthalmology programs (Figure 2 and Table 2). In France, the increase was modest from 30.0% in 1979, 40.4% in 1989, 43.1% in 1999, to 43.3% (plateau level) in 2009. There was a similarity in the 2009 proportion of women in the 2 European ophthalmology training programs (43.3% for France and 43.7% for Germany). The ratio of female ophthalmologists to the total number of ophthalmologists increased 4-fold from 1979 to 2009. The proportions of female US physicians paralleled the proportions of first authorship women (Figure 2): 7.6% vs 5.2% in 1969, 16.9% vs 12.7% in 1989, 23.4% vs 23.7% in 1999, and 30.5% vs 29.2% in 2009 with a 4 vs 5.6 times increase during a 50-year period (similar trends existed also for Canadian physicians and PhD degree recipients in the United States).
The number of women in medical fields in the United States has increased during the past 50 years. The reasons for this increase relate to the increased opportunity for education for women, desire for independence and careers, high academic goals, and the slightly reduced drive and focus of young men.6 Besides cultural changes, the women's rights movements and women's health movements, 3 political laws in United States (Civil Rights Act of 1963, Title IX of the Higher Education Act Amendments of 1972, and Public Health Service Act of 1975 banning discrimination on grounds of sex) played a role by increasing the number of women attending US medical schools. During the past 30 years, the proportion of women attending medical schools has steadily risen in the United States and other countries, including the United Kingdom,11,13 Canada,9 and Australia. In 1983, 26.8% of MD degrees in the United States were awarded to women. In 2010, this number increased and women received 8133 (48.3%) of the 16 838 MD degrees awarded in the United States.37 The US medical school enrollment reached almost 50% for women for the academic year 2003-200410 (8528 for women and 8590 for men in their first year of enrollment). Similar trends have been noticed earlier in the UK medical schools, with more female students than male students in 2002-2003.13 It seems that France reached sex parity in ophthalmology residency programs as early as 1989, almost 2 decades earlier than in the United States (Table 2).
This trend partly reflects the increasing success of women applying to medical schools and the general trend in education, with women earning most (50.4%) of the doctoral degrees (PhD) awarded in the United States in 2008-2009 (Table 2) and 60% of master's degrees.38 In 2010, Whitmire35 explored the reasons for the success of women and the downward trend of male interest in academia, particularly at the high school level. This author of Why Boys Fail: Saving Our Sons from an Educational System That's Leaving Them Behind presented in-depth analyses of the finding that 60% of graduating high school students in United States were women, with boys slipping behind girls in math and reading scores. He observed that sex gaps in academic achievement were international and that several countries, including Australia, were ahead of the United States in probing for the causes.
The numbers do not tell the whole story. Most women want the opportunity to have a family, so they require a flexible working schedule, preferably part-time work, and maternity leave.3,4,6,7 Unlike men, women devote a substantial amount of time to families and parenting ("mommy track" as coined by Ann M. Renucci, MD)39 and seek a balance between career and family. Hence, female physicians are more likely than their male colleagues to work part time.12 Fewer women than men choose to work longer hours or hours outside normal times.14 In addition, more women than men convey their plan to retire before 60 years of age, shortening their working life further.13 Compared with men with children, women with children had fewer publications,15 with a resulting gap in female physicians seeking the scientist track.7 In a study of National Institutes of Health grants, sex persisted as an independent significant predictor of R01 award attainment. The reason for the lower rate for women could be either the lower rates of application or lower rates of success in application.30
Women physicians tend to concentrate in a few specialties regarded as "family friendly"16 and tend not to take up specialties, such as general surgery, that could be more time demanding.17 Both issues of pregnancy and childbearing could interfere with the rigid residency programs that include the long hours of surgical training and the highly competitive pyramidal residency systems. In a 2003 study, Blakemore et al33 found that the percentage of all female residents who chose a residency in orthopedics was only 0.6%, a number that has not changed in the past 20 years. Similar trends exist for neurosurgery and thoracic surgery.2,33 According to a survey by Stratton et al,34 many women during their undergraduate surgery rotations had exposure to sex discrimination and sexual harassment, influencing their choice of specialty. Importantly, surgeons with mentors are inclined to publish more, have more career opportunities, and be more confident in their abilities than fellow surgeons without mentors.40 The absence of female mentors in general surgery is an additional factor that perpetuates the low attraction of women to a surgical career.40 In the United States, United Kingdom, Switzerland, and Brazil, women have tended to gravitate to nonsurgical specialties and primary care, such as internal medicine, pediatrics, family practice, and obstetrics-gynecology.3- 6 Women physicians, in growing numbers, are choosing non–primary care specialties, such as pathology, radiology, and anesthesia. In obstetrics-gynecology, the increase of women in the field is significant, from 5% in 1970 to more than 70% 3 decades later.2 A similar increase was seen in ophthalmology, in which there has been a 10-fold increase from 3.6% in 1970 to 32.4% in 2001 in women in training programs.2,31
Several journals have previously reviewed the leadership by sex. Sex was determined for 7249 US authors of original research with MD degrees in 6 major journals,29 including the New England Journal of Medicine, Journal of American Medical Association, Annals of Internal Medicine, Annals of Surgery, Obstetrics & Gynecology, and Journal of Pediatrics for 1970, 1980, 1990, 2000, and 2004. The proportion of first authors who were women increased from 5.9% in 1970 to 29.3% in 2004. The proportion of female senior authors increased from 3.7% to 19.3% during the same period. A similar study performed in the United Kingdom by Sidhu et al25 investigated sex differences in first and senior authorship in 6 peer-reviewed British journals (British Medical Journal, Lancet, British Journal of Surgery, Gut, British Journal of Obstetrics and Gynaecology, and Archives of Diseases in Childhood) for 1970, 1980, 1990, 2000, and 2004, with a total of 6457 articles reviewed. Female first authors increased more than 3-fold from 10.5% in 1970 to 36.5% in 2004, whereas female senior authors only increased by one-third from 12.3% to 16.5%. Within individual journals, the largest increase was in the British Journal of Obstetrics and Gynaecology, with 4.5-fold and 3-fold increases for first and senior authors, respectively.
In the otolaryngology literature, Bhattacharyya and Shapiro26 observed in 4 major journals that the percentage of women who were first authors increased from 3.2% to 11.4% from 1978 to 1998. In educational psychology, Robinson et al41 reported that the female-male ratio of first authors was equalizing and that the increase in the number of female authors and editors in 6 US educational psychology journals from 1976 to 1996 was statistically significant from 23.7% to 48.1% for primary authors and 12.7% to 42.5% for editorial board members. Dickersin et al40 found that women comprised a higher proportion of authors (28.7%) compared with reviewers (26.7%) or editors (12.8%) in 4 US epidemiologic journals between 1982 and 1994, similar to our findings, including first authors more than senior authors, reviewers, editorial board members, or editors.
The lag in promotion of women to higher academic ranks is a complex, multifactorial issue. Demands on our time are plentiful, and the activities that lead to academic advancement (research and publishing) can be difficult to accomplish in the setting of all of our other commitments, both personal and professional.23 From a different perspective, ophthalmic chairs also reflect sex leadership. In terms of the ophthalmology residency program director, 37 (67%) were men, whereas 18 (34%) were women according to a US study.24 In that same study, male department chairs led 53 of 55 (96%) ophthalmology programs.24 Also in the United States, women represented 21% of associate professors, 32% of assistant professors, and 43% of instructors of ophthalmology in 2001.23 Newer information indicates that department chairs at Harvard (Massachusetts Eye and Ear Infirmary), Thomas Jefferson University (Wills Eye Institute), and the University of Pennsylvania (Scheie Eye Institute) are women.
Serving on the editorial board of a leading scientific journal indicates that the individual is recognized as a leading contributor to the discipline. Serving as editor indicates that the individual has achieved an even higher reputation. Wilkes and Kravitz28 conducted a survey that found that 96% of 221 responding editors-in-chief of US and Canadian medical journals were men and that, in 2005, 16% of the editorial board members of the journals studied were women. If the proportion of medical students who are women has only recently reached parity, one cannot expect the senior ranks (from which editorial board members are drawn) to approach an equal sex distribution until substantial time has passed. This has been dubbed the "pipeline phenomenon." In a review of 16 major biomedical journals during 35 years, overall 7.0% of the editors-in-chief listed were women (0% in 1970 and 12.5% in 2005).29 The reasons for the underrepresentation of women as editors of ophthalmology journals deserves further investigation and may be due to age disparity (women have only recently become more involved as authors and mentors). There may be relatively few female ophthalmologists who could attain the kind of visibility and reputation needed to be appointed as journal editor.
The progress during 5 decades in first authorship in the 3 major ophthalmology journals indicates that women have become more accepted as researchers. Our findings suggest that although women have increased their representation in the field, they have become more involved in publishing research, as both primary and senior authors, and they have become more involved in evaluating the research that is published in 3 major ophthalmology journals as editorial board members. We acknowledge the limitations of the current analysis. Although the publications selected for this study capture 3 of the most respected US journals in ophthalmology, they may not be representative of all journals in which ophthalmologists publish. Today, nearly half of medical school students nationwide are female, and the significant influx of women physicians during the last quarter century has changed both the face and character of medicine. However, women are not entering medicine on equal terms with men. Rather, a dual labor market is being created, with women concentrated in primary care and in low-paid areas of the profession.1 Women migrate toward non–on-call professions to have family time. Women remain underrepresented at the higher levels of academic medicine, but these trends are likely to change. Female graduates' marital status has notably differed from the marital status of male graduates. Reiser et al42 found that more women had never married or were divorced, spent more hours teaching, spent more time with their patients, and had fewer publications compared with men. Yet female ophthalmologists managed to be at the forefront of research with publications commensurate with the current number of women physicians. Ophthalmology in the Western world is steadily reaching equilibrium of near equality between the 2 sexes, unlike the 2 extremes of surgery, which have a male predominance, or obstetrics-gynecology, which has a female predominance.
Correspondence: Ahmad M. Mansour, MD, Department of Ophthalmology, American University of Beirut, PO Box 113-6044, Beirut, 1136044, Lebanon (email@example.com).
Submitted for Publication: November 16, 2011; final revision received May 20, 2012; accepted May 21, 2012.
Conflict of Interest Disclosures: None reported.
Online-Only Material: This article is featured in the Archives Journal Club. Go here to download teaching PowerPoint slides.
Additional Contributions: Mary Tomagan, Jessica Ravetto, and Jill Hartle supplied the information about American Academy of Ophthalmology membership data.


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Musicians are adding their voices to a Wal-Mart protest planned for Saturday against the store opening in the Chinatown area of Los Angeles.
Singer Steve Earle, who won't be at the protest because he's in Nashville making a record, posted a video about it and says, "I've never known of Wal-Mart to be a good neighbor in any town it's ever moved into. Y'all stick together out there."
But construction on the 33,000-square-foot grocery store has begun. On Tuesday, Wal-Mart officials and local business leaders exchanged traditional Chinese good-luck offerings as local performers did a dragon dance, reports the Los Angeles Times. And Kim Sentovich, a Wal-Mart vice president, told the crowd, "Everything we do is connected with our mission of helping people to save money so they can live better." It's the first of the chain's planned "Neighborhood Markets."
Slated to perform at the noon March Against Wal-Mart and Low Wage Jobs will be Tom Morello and Ben Harper. Morello, formerly of Rage Against the Machine, will kick off the rally with his anthem for workers' rights Union Song! Both Morello and Harper will play at the rally in front of a banner that reads "Walmart = Poverty," underneath the iconic Chinese dragonsd.
On Friday, the eve of the protest, indie rock band No Age will headline an anti-Wal-Mart benefit show at Human Resources in Chinatown. Tickets are $5 and will benefit groups fighting to stop the Wal-Mart in Chinatown.
Sign up for Lifeline Live e-mail alerts


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The city of Redlands Development Services Department and the Recreation Division of the Quality of Life Department will continue the Movies in the Park series with Disney's "Planes" and Sony Picture Animation's "Cloudy with a Chance of Meatballs 2" on April 25 and May 30 at Ed Hales Park at State and Fifth streets in downtown Redlands.
Each event will begin at 6 p.m. and will include children's craft projects and entertainment from the 6th Street School of Music, Frugal Frigate children's bookstore, Seed and Kissui. The movies will begin at dusk.
The events are free to the public. Attendees may bring blankets and chairs.
For information, call the Redlands Community Center at 909-798-7572 or visit cityofredlands.org.
Source: City of Redlands


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Docrafts Papermania Capsule Chipboard Buttons Spots/Stripes Pastels
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Docrafts Papermania Capsule Collection Chipboard Buttons will make a cute addition to your craft collection. These printed chipboard buttons come in various colors and designs for versatility. Use these decorative buttons on apparel, fashion accessories, quilted covers and lots more. Imported.
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Latest question:
How do you think the new GigE standards will influence the machine vision industry?
Respond or ask your question now!
SOURCE Chelsio Communications Inc.
CONTACT: Tim Helms of Helms Communications Inc., +1-925-606-6936 or email@example.com, for Chelsio Communications Inc.; or Randy Smith of Chelsio Communications Inc., +1-408-962-3681 or firstname.lastname@example.com
<<PR Newswire -- 11/15/05>>


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Cree LED installed in Indonesia
Press release [Friday 10 August 2012]
The LED lighting revolution has expanded to Jakarta, Indonesia. The LED illumination's vast ambient and security benefits led to the installation of more than 3,000 area lights, featuring Cree XLamp XP-G LEDs, along a newly developed shopping and commercial area.
Beginning in summer 2011, Lian-Fa replaced 200-watt high pressure sodium lamps with the LED-based luminaires for brighter and broader illumination, enabling shoppers and visitors to feel safer and more comfortable while visiting the area at night.
The range of 105-watt, 133-watt and 200-watt luminaires is enabled by Cree's high-performance XP-G LEDs and provides clean low. Lian-Fa plans on continuing the installation with 2,000 additional Cree LED fixtures.
Cree XLamp XT-G LED* First LED with more than 10,000 hours of LM-80 long-term testing data* TM-21 reported lifetime of greater than 60,000 hours* Capable of delivering up to 493 lumens at 93 lumens per watt when driven at 1.5 A
Cree LED installation, Jakarta, Indonesia.
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As previously stated, Koch Industries has no financial stake in the Keystone pipeline and we are not party to its design or construction. We are not a proposed shipper or customer of oil delivered by this pipeline. We have taken no position on the legislative proposal at issue before Congress and we are not cited in any way in that legislation.
This is just the latest of many false allegations initiated by InsideClimateNews and advanced by aligned advocacy media. It is also evidence that those promoting these falsehoods do not even do the basic due diligence before attacking Koch industries. A rudimentary fact check by any legitimate investigator or reporter would reveal the clear difference between "intervening" in an application in Canada's National Energy Board hearings, and "having an interest" in the pipeline. By definition, an intervener is anyone who wants to learn more about a project. In this case, interveners included individuals, environmental groups, businesses and many others. We challenge InsideClimateNews and other advocacy media to ask Sierra Club Canada and other interveners in this case if they have a financial interest in the pipeline.
A complete list of interveners is found here.


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Cleaning pellets Ultrasonically
May 14 2010 at 8:26 PM
Bill Day
Response to
I bought a Ultrasonic Cleaner from Harbor Freight to clean pellets
Hey Tony, I see that same cleaner advertized and almost purchased it. I did a search and found a jewelry ultrasonic that I'm waiting for. Sorry, to hear it didn't work out for you! I have a feeling that weighing and sizing is more important than washing them.
Respond to this message
Wassup Mr. Bill?!?!
- Tony on May 14, 2010, 10:29 PM
vib clean
- jim s. on May 15, 2010, 11:26 PM
Hmmm, I was wondering if I should ponied up for the bigger/pricier unit!!!
- Tony on May 15, 2010, 11:40 PM
On line trajectory calc by Brad Troyer
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Winter Farmers Market!!! (Bonnie's blog 11/19/13)
Kelly Foss of the Downtown Des Moines Farmers Market joined us in the studio this morning just after the 8:30 news. Yes, the regular Farmers Market downtown on Saturday mornings is done for the season...however, there is a special Winter Farmers Market this weekend downtown in Capital Square and the Kaleidoscope Mall on Friday from 11AM-2PM and Saturday from 9AM-1PM. Over 130 vendors will be involved with all sorts of homemade food products, crafts and Christmas decorations! There will be another Winter Farmers Market on December 13th and 14th in the same locations....so Mark Your Calendaars!
Join us tomorrow morning for more Ballet Iowa Nutcracker tickets!
Have a great day!


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About 56,000 hogs that consumed animal feed containing the industrial chemical melamine have been approved for processing. The hogs, which were fed rations supplemented with pet food scraps containing melamine and related compounds, were being held on farms in California, North Carolina, South Carolina, New York, Kansas, Utah, and Illinois. Testing confirms that meat from these hogs is safe for human consumption, prompting the U.S. Department of Agriculture (USDA) to allow the hogs to be processed. The testing also bolsters the conclusions of an updated human health risk assessment, announced by FDA and USDA in May 2007, that there is very low risk of human illness from eating such meat. Approximately 100 million hogs are processed each year in the United States.
How do we know the hogs are safe to eat?
Testing of the meat from hogs exposed to the tainted feed confirms that melamine and its compounds do not accumulate in pork—they are filtered out of the body by the kidneys. Hogs known to have eaten this feed appear healthy, which will be confirmed as these animals undergo the rigorous inspection that USDA provides for all meat and poultry prior to processing.
What is the risk assessment?
The human health risk assessment is an important science-based component of the continuing federal investigation into imported vegetable protein products from China that contained melamine and related compounds. Melamine has no approved use in human or animal food in the United States.
FDA and USDA announced the risk assessment May 7, 2007. They announced an updated risk assessment on May 15, 2007.
What information supports the conclusions of the risk assessment?
In the most extreme scenario considered in the assessment, scientists assumed that all the solid food a person eats in an entire day contained melamine and the related compound cyanuric acid at levels potentially present in meat. In this scenario, the potential exposure to humans is about 250 times lower than the dose considered safe. This means that a person weighing 132 pounds would have to eat more than 800 pounds of pork or other food containing melamine and its compounds to reach a level that would cause a health concern.
How does the updated risk assessment differ from the original?
The risk assessments differ in two main areas:
- The original risk assessment found that in the most extreme scenario, the potential human exposure to melamine was about 2,500 times lower than the safe level. The updated assessment found the exposure to be 250 times lower than the safe level. The variation occurs because the initial assessment assumed that tests of hog meat detected melamine and its compounds. The testing validation process, completed on May 12, revealed that the test detects melamine, but cannot detect melamine-related compounds. The updated assessment calculates risk based on the new updated laboratory information that accounts for the presence of melamine and cyanuric acid, a melamine-related compound detected in the contaminated feed.
- The original risk assessment assumed that testing could detect levels of melamine and related compounds as low as 10 parts per billion (ppb) in pork. The new assessment assumes that testing can detect levels only as low as 50 ppb in pork, a more conservative assumption. Also, an even higher level of 100 ppb is assumed in order to account for the potential presence of cyanuric acid along with melamine.
When will the risk assessment be finalized?
FDA and USDA are identifying scientific experts to review the updated risk assessment. They will be asked to provide their views to FDA as quickly as possible, with the intent of finalizing the risk assessment within several weeks.
Who conducted the risk assessment?
The risk assessment was conducted by scientists from:
- Centers for Disease Control and Prevention
- Environmental Protection Agency
- Department of Homeland Security
What is happening to chickens that were fed contaminated feed?
At USDA's request, about 80,000 chickens continue to be held at farms in Indiana while a validated test for detecting melamine in poultry meat is developed. That test is expected within the week.
What is happening to fish that were fed contaminated feed?
FDA continues its investigation into the presence of melamine and its compounds in fish feed manufactured by the Canadian company Skretting. The company is recalling all fish feed from all commercial fisheries and fish hatcheries that may have received it, including those in the United States. FDA has confirmed that 2 U.S. commercial aquaculture establishments received the feed. The fish in those 2 establishments are on hold and samples of the fish and the feed are being tested for melamine levels. Based on the human risk assessment, there is very low risk from eating fish that consumed feed containing melamine.
USDA and FDA continue to conduct a full and comprehensive investigation. As additional information is confirmed, updates will be provided and decisions will be made using the best available science to protect the public's health.
Date Posted: April 23, 2007


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Tswa is Bantu language spoken by about 1.2 million people in Mozambique. It is closely related to Ronga and Tsonga, and is spoken mainly in rural parts of Inhambane Province in southern Mozambique.
Tswa is written with a version of the Latin alphabet based on the Tsonga orthography, which was developed by Portuguese colonists and Methodist missionaries. The Tswa version was consolidated by Rev. J. A. Persson of the Methodist Episcopal Mission in Portuguese East Africa, whose An English-Tswa Dictionary was published in 1928.
The letter q is used in some words borrowed from Zulu and is pronounced in various ways - the Zulu click sound for q, [ǃ], is not native to Tswa.
Download Tswa alphabet chart provided by Wolfram Siegel (Word doc, in German)
Information about the Tswa language
Bemba, Chichewa, Comorian, Duala, Ewondo, Ganda/Luganda, Herero, Ikizu, Jita, Kikuyu, Kinyarwanda, Kirundi, Kongo, Lingala, Loma, Lozi, Makonde, Mandekan, Maore, Mende, Mushungulu, Nkore, Northern Ndebele (South Africa), Northern Ndebele (Zimbabwe), Northern Sotho, OshiWambo, Ronga, Sena, Shona, Soga, Southern Ndebele, Southern Sotho, Swahili, Swati, Tofa, Tshiluba, Tsonga, Tswana, Tumbuka, Umbundu, Venda, Xhosa, Yao, Zigula, Zinza, Zulu
Other languages written with the Latin alphabet


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Posted on July 29, 2014
Brand: Sabian
The Sabian Hand Hammered 11820 18" Viennese Hand Cymbals are a medium-weight cymbal that responds with fuller sounds and moderate decay.
Style: Vintage
Finish: Natural
Metal: B20
Sound: Dark
Weight: Medium
No reviews available.
Posted on July 29, 2014
Posted on July 28, 2014
Posted on June 21, 2012


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Ravinia Music Director James Conlon Leads CSO with Star Soloists Joshua Bell, Denis Matsuev and More, 7/23-29
At 5 p.m. on Sunday, July 29, Ravinia Music Director James Conlon leads an all-Tchaikovsky program with the Chicago Symphony Orchestra and piano virtuoso Denis Matsuev. The concert includes Symphony No. 4 in F Minor, Op. 36; Piano Concerto No. 1 in B-flat Minor, Op. 23; and the annual Ravinia presentation of the "1812" Overture, which includes live cannons timed to the music.
Since his triumph at the 11th International Tchaikovsky Competition in Moscow in 1998, Matsuev has collaborated with the world's greatest orchestras, appeared in numerous recitals and become laureate of the prestigious Shostakovich Prize in music and state prize of the Russian Federation in literature and arts.
Prior to the concert, from 3 to 4:30 p.m. on July 29, Ravinia will host a special family space on the north lawn, where families can engage in activities that include music-related crafts, storytelling and an "instrument petting zoo" where kids can experience and play instruments.
Adults over 21 years of age can experience Ravinia's Wine Club, a partnership with Ravinia and Terlato Wines including formal wine tastings at 3:30 p.m. before the 5 p.m. concert. Pavilion packages include entry to the tasting and a reserved ticket for $80-$50, and entry to the tasting and a lawn ticket for $20.
Also on July 29, the festival will also host its second annual informal free teen night pre-concert get together for high school students from 3 p.m. to 4:45 p.m. "Cannon Ball 2012" will include free snacks, refreshments and activities in the Santa Fe Tent.
This event is part of Ravinia's summer-long high school student CSO concert attendance contest through which students not only can gain free lawn access to any CSO concert throughout the season by showing their school I.D. at the box office, but also win points for their high school. At the end of the summer, Ravinia will tally the points, and the school that accumulates the most points will win a $5,000 grant for its music programs from the Ravinia Associates. Students can win double points for their school on this special July 29 date. To RSVP for the pre-concert teen party, students can visit Ravinia.org and click on "Cannon Ball." Visit www.ravinia.org/ClassicalYouthInitiative.aspx for more information.
The CSO performs an orchestral showcase of favorites under the Maestro Conlon's baton at 8 p.m. on Thursday, July 26. The concert will feature three pieces from Berlioz's Roméo et Juliette; the Overture to Verdi's Giovanna d'Arco; Dvorák's Slavonic Dance in E Minor, Op. 72 No. 2; Mendelssohn's The Hebrides ("Fingal's Cave"); and the Overture to Rossini's Guillaume Tell.
Soloists from the CSO appear in an intimate Martin Theatre concert at 8 p.m. on Monday, July 23, led by Conlon and featuring soprano Rachel Schutz in her Ravinia debut. This concert includes Bach's "Brandenburg" Concerto No. 6 in B-flat Major, BWC 1051; Zemlinsky's Maiblumen blüten überall; and Mendelssohn's Octet in E-flat Major, Op. 20. Welsh-born Schutz made her orchestral debut in 2006 with the Boston Pops Orchestra and returned to tour with the orchestra in 2008. She has performed at Carnegie's Zankel Hall, the Ojai Festival, Stony Brook Opera and The New Opera Company and is a two-time Tanglewood Music Center fellow and Santa Fe Opera apprentice artist.
Violin virtuoso Joshua Bell returns to perform with the CSO at 8 p.m. on Wednesday, July 25. The program will include the Overture to Barber's The School for Scandal, Op. 5, and Violin Concerto Op. 14; Shostakovich's Symphony No. 9 in E-flat Major, Op. 70; and Ravel's Tzigane Concert Rhapsody. Bell, who debuted with Riccardo Muti and the Philadelphia Orchestra at the age of 14, is a Grammy Award-winner and a Hollywood Bowl Hall of Fame inductee.
|Related Links
|21C Media Group Previews 2017-18 Season of Opera, Choral and Vocal Music
July 18, 2017
|American Ballet Theatre and St. Louis Symphony Collaborate for FIREBIRD Performance With Misty Copeland and Isabella Boylston
April 27, 2017


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Mitt Romney was for the auto bailout before he was against it. So was Paul Ryan.
Now that President Obama is campaigning as the savior of General Motors and Chrysler, the Republicans' reversals on the auto bailout show the perils of flip-flopping -- and threaten to make Romney the new John Kerry.
Throughout this year's convention and on the campaign trail in Ohio, Obama and allies have used GM and Chrysler as a weapon against Romney. "When my opponent said we should just 'let Detroit go bankrupt,' " Obama said in Bowling Green last week, "that would have meant walking away from an industry that supports one in eight Ohio jobs ... So when he said that, I said, 'No, I'm going to bet on America; I'm betting on American workers. I'm betting on American industry.' And today, the American auto industry has come roaring back with nearly 250,000 new jobs."
This is a winning line for Obama. When I asked longtime Detroit resident John Karski about the bailouts on Sunday, Karski was surprised that there's any debate about them. "We'd be done without it," Karski told me over pastries and coffee after Mass at St. Raymond in Detroit. "And you've got Romney saying, 'Let them go bankrupt.' And he's from here? Come on."
More importantly, 54 percent of Ohioans support the auto bailout, according to a Washington Post poll, and the latest Wall Street Journal poll showed Obama leading Romney by 8 points.
Trouble is, Obama's attack is highly misleading.
"Let Detroit Go Bankrupt" was the headline of an op-ed by Romney in the New York Times on Nov. 18, 2008. But Romney wasn't saying "Let GM and Chrysler go out of business," as Democrats constantly imply. Romney's op-ed called for "a managed bankruptcy" of GM and Chrysler, paired with "government help" in the form of taxpayer-backed loan guarantees.
President-elect Obama must have read the Times that day, because in 2009, he put GM and Chrysler through managed bankruptcies, gave them federal aid and saved the companies -- broadly what Romney had advocated.
What about that heartless capitalist Ayn Rand disciple Paul Ryan? Ryan voted aye when Congress tried to bail out the automakers in late 2008, and he also fought for the Troubled Asset Relief Program, which George W. Bush and Obama ultimately used to save the companies.
So Romney and Ryan in late 2008 both explicitly supported federal bailouts of GM and Chrysler. How can Obama now use the bailouts as a wedge issue? Because Romney and Ryan have started hiding from their original positions, at times trying to use the bailouts against Obama.
The GOP nominees are often nuanced in their attacks on Obama -- criticizing the cronyism involved, or the timing of the bailout funds -- and some of their arguments are valid. But this is presidential politics. On a big issue, you're either for it or against it. Romney and Ryan were for it. Now they're against it.
This makes it harder for them to fight back against Obama's attacks. When Obama trots out the "Let Detroit Go Bankrupt" line, what is Romney to do? If he responds at all, he's forced to play John Kerry-circa-2004, with Detroit as the new Iraq.
Kerry's Iraq flip-flop famously climaxed in his explanation for opposing an $87 billion appropriation for the war: "I actually did vote for the $87 billion, before I voted against it."
Kerry's trouble also began with a New York Times op-ed. Kerry called on Bush to get congressional approval to use force against Iraq. Bush got it, with Kerry's vote. Kerry said Bush "must seek full enforcement of the existing cease-fire agreement from the United Nations Security Council." Bush sought it. Kerry favored issuing an ultimatum to Saddam Hussein. The ultimatum was issued.
Then Kerry went on, writing: "If Saddam Hussein is unwilling to bend to the international community's already existing order, then he will have invited enforcement, even if that enforcement is mostly at the hands of the United States, a right we retain even if the Security Council fails to act."
As with Romney and Obama on Detroit, Bush largely followed what Kerry proposed on Iraq.
But during the 2004 Democratic primary, Kerry tacked leftward, saying Bush "rushed to war against our warnings." Come the general election, Kerry tried to hedge: "I might have gone to war but not the way the president did."
Romney and Ryan would have bailed out Detroit, but not the way the president did. Ask President Kerry how that argument worked for him.
Timothy P.Carney, The Examiner's senior political columnist, can be contacted at email@example.com. His column appears Monday and Thursday, and his stories and blog posts appear on washingtonexaminer.com.


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Dave Dafes
Precious Moment. - Poem by Dave Dafes
Sat we side by side on the balcony,
Drown in the evening waft,
We together savor the luminous scenery,
Watching time go by,
Scotch in tumbler garnish with chilled rocks,
Our fingers clap the Cuban,
Oozing off a mixture of alcohol & cigar scent,
Out of our nasal chimneys spewed we,
The atmosphere with our puff,
Tete-a- tete we chatter away the events of the day,
Politics, Art and the daily headlines,
Any topic that stimulate our minds,
A daily habit unwilling to break,
We often chitchat into the night, smelling the roses,
Our worries and cares fade into the starry night,
The world echoes from a great mile away,
On our shoulder, rest each a belle,
To consummate the eventide,
Gradually we unites the content of the bottles,
With the liquor in our bloated bellies,
Drunk as a fish we criticize each other's flaws,
As we appraise each other's talent,
While hitting on each other's girl,
As we tease one another,
The joy of bachelorhood,
Being able to share our precious moment,
With the guys as we share our favorite cognac,
Clubbing, cheering for our favorite teams,
Partying and chasing after skirts,
Discussing the events of the day,
Not given a damn about the unknown morrow,
With belle in arms, our precious moment became.
Comments about Precious Moment. by Dave Dafes
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Eastpointe, Roseville
Few specifics, but Detroit bankruptcy may affect suburbs
By Kevin Bunch
Posted December 18, 2013
EASTPOINTE/ROSEVILLE — While neither Roseville nor Eastpointe are facing down bankruptcy court, their proximity and inexorable connections to Michigan's largest city means Detroit's bankruptcy could have ripple effects outside city limits.
With a bankruptcy court giving the city the go-ahead to enter bankruptcy, Detroit has the authority to take a variety of steps to get on sound fiscal footing, which can include amending or canceling contracts to monetizing city assets.
Macomb County Commissioner Veronica Klinefelt, who represents Eastpointe, Warren, St. Clair Shores and Grosse Pointe Shores, called the bankruptcy a "double-edged sword."
"We have a lot of folks in Macomb who depend on pensions from Detroit, so how Detroit handles the pensions will obviously have a direct effect on us," Klinefelt said. "On the other hand, ultimately, if Detroit emerges as a strong, vibrant city that is on firm financial ground, then Macomb County and surrounding areas can only benefit."
She said the Detroit Institute of Arts situation, where city-owned artwork could be sold, is something commissioners are keeping a close eye on due to the county's millage to support the museum. Detroit's water services with the suburbs are also a major concern.
Both Eastpointe and Roseville have long-term contracts with the Detroit Water & Sewerage Department, and Roseville City Manager Scott Adkins said that what happens to it during the bankruptcy will directly impact its suburban neighbors linked to its system.
"There is talk of spinning that off, so we do have that concern, but without us knowing the exact direction these things will go, it's hard to pick those things out, and that's our biggest concern," Adkins said.
He also said that transportation services with the city could be impacted, as well as contacts in the business community between Roseville and Detroit. However, with details still scarce on what shape the bankruptcy will take, Adkins could not get into specifics.
"I would say it's going to have pretty much a negligible financial impact," he said. "It's not going to be something that's noticed; however, it does have an impact in the sense that we, as part of the region, are reliant on Detroit having success."
Eastpointe City Manager Steve Duchane went a step further and said that what happens to the Detroit Water and Sewerage Department could directly impact residents in the broader metro area, if water rates get changed. He added there is no way for Eastpointe to replicate the system Detroit has, which sees the larger city responsible for water distribution to a number of communities.
"We are all contracted in for extensive times, and there's no way to replicate it, so we're tied together forever, in all reality," Duchane said. "We contract with Detroit, so what happens to Detroit impacts our bottom line."
More broadly, however, Detroit's fate will be mirrored in the suburbs. Duchane said if Detroit emerges from bankruptcy with a solid plan for managing its government and without all the debt, it could have a "positive rebound effect" on its neighbors, something with which Adkins agreed.
"If people feel safe across the border in our adjacent city of Detroit, the positive will spill over just like the negativity can," Duchane said.
"We all have to remember that the success and failure of Detroit has a reach out to the region," Adkins said. "For all of us to be successful, Detroit has to be successful."
Klinefelt said the county commissioners are, much like their counterparts in the cities, simply awaiting more information before making plans related to the bankruptcy.
About the author
Staff Writer Kevin Bunch covered the communities of Eastpointe and Roseville, as well as Roseville Community Schools and East Detroit Public Schools. He worked at C&G Newspapers beginning in 2013, and is a graduate of Wayne State University and Henry Ford Community College. Kevin is also a 2015 Metcalf Institute for Marine & Environmental Reporting alumni. In 2016, Kevin began working for the International Joint Commission.
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Police search for armed robbery suspects
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Then we give him his bath, wrestle him into his jammies (this kid seriously loves being unclothed), get as much milk into him as we can and then I pray the same prayer for him every night,
Thank you, Lord, for this gift. Help me to steward it well.
Last night, I put Simon down while N. let the dog out. As I walked downstairs after Simon fell asleep, I paused on the landing and looked out the window at my man. He was standing on the driveway smiling down at the dog. Just grinning ear-to-ear. I could tell by the way his shoulders bobbed up and down that he was giggling, too.
As creepy as it was, I just stood there and stared.
I love that smile.
I got all warm and giddy and cozy inside and I walked out the door planning to hug and kiss him and tell him how happy I was that we got married. Then we would be all lovey and smoochy and cuddle up and be cute. That was the plan.
But when I opened the door and N. turned around, he burst into a fit of giggles and yelled,
"Turk is eating poop out of his own butt!" And chuckled and chuckled and chuckled and pointed at the dog.
Plan. Thwarted.
But if any of you know me well, then you also know that I'm a sucker for some good poo humor.
So I abandoned my plans for impromptu romance did the next best thing: stood outside with my man as we bent over from laughter with tears squeezing out of our eyes while Turk chased his behind in circles trying to finish his business.
Then we talked about it for hours afterward and fell asleep making up names for dishes with poop in them.
Truly, though, the last thing we said to each other was "poop nachos!" right before we both drifted off.
It ain't glamorous, people, but I've got a really blessed life. Really blessed.


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The phrase In God We Trust was added to our coinage in the midst of the American Civil War for political reasons.
Englands parliament was considering backing the Confederate states in hopes of gaining lower tariffs on the cotton needed by Englands textile mills.
Englands clergy had been foremost in pressing for an end to the slave trade, and Lincolns administration hoped the addition of a religious phrase to our coinage would mobilize that clergy against any alliance with slave-holding Southern states.
Obviously, this was less from godliness and more from political expediency. In the midst of the Cold War, our nations motto, E Pluribus Unum, was scrapped and a new motto established as In God We Trust and under God was added to the Pledge of Allegiance.
Eisenhower gloated that in signing the congressional bill into act, American schoolchildren would now begin each day glorifying the Almighty. Again, all of this was less motivated out of godliness and more by political posturing against godless communism.
Our founders, in the wording of their declaration, selected the all-inclusive Creator, rather than opting for a Judeo-Christian phrase.
This was by design, not by accident. They well understood, as one letter to your paper stated, that intolerance breeds intolerance. Some of these same patriots would later author and press for passage of the Bill of Rights amendments to our Constitution, one a guarantee of freedom from government control of religion. The court is recognizing this suit to prevent forced by inclusion of the phrase, is a step toward the freedom envisioned by our nations founders.
Religious scholars are also coming forward in support of the court decision. They believe that adding the phrase mixed religion and politics, thus thwarting the separation of church and state envisioned by our founders, and also ignoring the admonitions against such vainness by many religions.
Maybe it is time for us to say our prayers (or not) in our homes and places of worship, and say our pledge as our founders envisioned, free from political pandering.
Jim Fox Lodi
Got an opinion? Send us an e-mail or use our handy letters to the editor form.
To subscribe to the Lodi News-Sentinel, fill out our online form or call our Subscriber Services Department at (209) 333-1400.


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Location: Jacksonville, FL
Member since 2/7/2009
- 2 total posts
- 1 comment
- 1 question
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Hi. Four years ago I made the stupid choice of getting 700cc (Round smooth silicone, high profile, 14.4 x 6.2cm)breast implants. I am a tall girl, 5' 81/2" and 135 lbs... READ MORE
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text:
Zardosi and Pearl Motif Rakhi Set
On occasion of Raksha Bandhan all brothers demands lots of sweetness, love, affection and warmth from sisters. Roli Chawal for keeping your age old traditions alive and conveying your wish for your brothers prosperity on this day. Amazing rakhi collection for unique and classy rakhis. This rakhi is woven with zardosi work thread and adorned with crystal beads. Send your brother this charming rakhi which is decked with Diamonds Stones, Zardosi work piped shaped on the sides of the Diamonds really remarks the true beauty of the thread. The rakhi is sparkled with diamonds and crystal stone. The thread of the rakhi is embellished with multi color Zardosi. Rakhi is the festival of Special love sharing between brothers and sisters in a very special way. Make your brothers feel special by sending them this precious rakhi. And after seen this Rakhi thread is sure to bring smiles on the faces of brothers on this Raksha Bandhan. Product Includes : Fashionable Design 3 Rakhi Threads Made Out of Colorful Crystal Beads, Diamond Studded Tiny Rings, Golden Beads, Zardoshi Strings and Beads Strings along with Roli Chawal.


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Mergers & Acquisitions (M&A) deal values announced in the Middle East and North Africa (MENA) region dropped by 59% to US$6.5Bn in Q1 2010 compared to deals worth US$15.8Bn announced in Q1 2009. According to Ernst & Young's MENA M&A update, the number of announced deals dropped by 16% from 91 in Q1 2009 to 76 in Q1 of this year.
But there were improvements over the previous quarterThe total number of M&A announced deals in Q1 2010 increased by six, from 70 announced deals in Q4 2009 to 76, while announced deal value jumped by 30% from US$5Bn in Q4 2009 to US$6.5Bn in Q1 2010.
Egypt, Saudi Arabia, Qatar and Jordan are the most activeEgypt (10 deals), followed by Saudi Arabia (8 deals), Qatar and Jordan (each with 4 deals) are the key target countries for domestic deals announced in Q1 2010 in terms of the number of transactions.
In terms of total disclosed deal value in the region, Qatar attracted 39% of M&A activity with deals valued at US$1,083.5Mn, followed by Lebanon with US$450Mn and Saudi Arabia with US$381.4Mn.
Phil Gandier, Head of Transaction Advisory Services at Ernst & Young Middle East says: "The M&A activity levels in Egypt reflect the potential and great vibrancy within its economy, which will continue to be maintained in the coming quarters. Saudi Arabia was the largest recipient of M&A fund inflows with approximately 35% (US$102Mn) of total inbound deals value going to it, closely followed by Lebanon (US$100Mn) and Oman (US$49.3Mn)."
Top dealsAbu Dhabi based International Petroleum Investment Company's acquisition of a 5.2% stake in Barclays Plc for US$1.94Bn was the largest deal in Q1 2010. The second largest deal was Barwa Real Estate Company's acquisition of the entire share capital of Qatar Real Estate Investment Company for US$862Mn. M1/ Mikati Group's 13.95% stake acquisition of Bank Audi SAL - Audi Saradar Group from EFG-Hermes Holding Company for US$450Mn came in third place.
Banking and real estate lead deal countIn terms of the number of announced deals, the most attractive sectors for domestic transactions in Q1 2010 include Transportation (7 deals), Asset Management (4 deals) and Chemicals (3 deals). In terms of disclosed deal value in Q1 2010, Banking & Capital markets (US$916.2Mn) was the most sought after sector in the MENA region, followed by Real Estate (US$887Mn) and Asset Management (US$383.2Mn).
"The region is traditionally known for the predominance of financial and real estate companies in M&A activity. Industrial and core sectors remain contenders for either government divestment or global expansion. Inbound investments in the MENA region were largely made in the Banking & Capital markets sector (US$100Mn) followed by Media & Entertainment (US$70Mn) and Insurance (US$49.3Mn)," concluded Phil.
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