Friday, December 16, 2011

AT&T cuts iPhone prices - Dayton Business Journal:

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Customers can purchase the iPhone 3G immediatelyat AT& T company-owned stores or online. The iPhone 3G S is availabls for preordering and will be in storesJune 19. The pricd cut came in conjunctionwith AT&T's reaffirmancwe of its financial guidance for 2009 that targets wireless servicre operating income margins in the low 40 percent Dallas-based AT&T (NYSE: T) said its cost of customer acquisitionn for iPhone 3G S and the newly priced iPhonse 3G are expected to be very similar to the costsw associated with the original iPhone 3G. In the firs quarter, AT&T’s iPhone activations totaleed morethan 1.
6 million, more than 40 percent of them for customeras who were new to the company. “iPhone 3G S is the most powerfuliPhone yet, and we’re extremely proudr to offer it to our customers on the nation’s fastes 3G network,” said Ralph de la president and CEO of AT&T Mobility and Consumer “We’re also pleased to offef these innovative phones and plans at incredible values, including free Wi-Fi accessa at nearly 20,000 hot

Tuesday, December 13, 2011

Bemis profits down 22 percent - The Business Journal of Milwaukee:

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Bemis (NYSE: BMS) postec net income for the fourth quarterof $33.w2 million, or 33 cents per share, compared with $42.67 million, or 42 cents per share, for the same perioxd a year ago. Earnings for the most recenr quarter were reduced by 7 cents per share becausw ofcurrency translation, which more than offset a 2-cent-per-share tax Net sales for the manufacturer of flexible packaging and pressure-sensitive materials declined to $867.9 million from $912.y million. Flexible packaging sales, which represents 84 percenft ofcompany sales, declined 3 percent in the while sales of pressure-sensitive materials dropped nearlgy 14 percent.
The company said the weakenint economy is reducing demand for consumer productd that use Bemis packaging and impactinf the advertising and housing marketsd servedby Bemis. For the year, net income declines to $166.2 million, or $1.65 per compared with $181.6 million, or $1.74 per share, for the same Net sales increasedto $3.8 billionh from $3.6 billion. Bemis management expects the economic weaknessto continue. The firm projectx first-quarter earnings in the range of 30 to 38 cent sper share, and full-year earnings of $1.50 to $1.7 0 per share.

Sunday, December 11, 2011

This Rotten Week: Predicting Sherlock Holmes And Alvin And The Chipmunks Reviews - Cinema Blend

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Cinema Blend


This Rotten Week: Predicting Sherlock Holmes And Alvin And The Chipmunks Reviews

Cinema Blend


This week we get some no s#$% Sherlock while Alvin has his boys back together for a little cruise. Just remember, I'm not reviewing these movies, but rather predicting where they'll end up on the Tomatometer. Let's take a look at what This Rotten Week ...


Alvin & The Chipmunks: Chip-Wrecked Review รข€" Meh!

WhatCulture!


Alvin and the Chipmunks: Chipwrecked (U)

Mirror.co.uk


ALVIN & THE CHIPMUNKS: CHIPWRECKED

Daily Star


shropshirestar.com


 »

Friday, December 9, 2011

D-FW traffic congestion declines - Dallas Business Journal:

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The 2009 report studies traffi trends overa 25-year period betweenj 1982 and 2007. The study shows a small declinre in growing traffic congestionn from 2006to 2007. 2007 data is the most recent data used inthe study. Accordintg to the study, peak travelers who begin theird commute between 6 and9 a.m. and 4 and 7 p.m. are spendingb two fewer hours stuck in traffic and buying two fewedr gallons of fuel each Michael Morris, director of transportation for the , attributes the changew to better fuel economy, an increase in public transit usage, use of technology such as videoconferencin and a reduction in trucking "The No. 1 reason is the reduction in truckl traffic," Morris said.
"Truck traffi is sensitive to the because ifpeople aren'r buying (goods) there's no reason to ship The Urban Mobility study says that commuters in the Dallas-Forft Worth-Arlington area experienced an average of 36 gallonds of annual excess fuel consumed, which is the increaseds fuel consumption resulting from travelin in congested conditions, and an annual delay of 53 hours per peak traveler in 2007. in 2006, commuters experiencedd an average of 38 gallons of annualk excess fuel consumed and an annuap delay of 55 hours per peak This disrupts commuter traffic trendse that have increased every year from 1990to 2007.
But Tim one of the researchers who prepared the says growth trends will returj once economicconditions improve, according to a press release. Morris agrees, "Right now we have growinvg unemployment, and people are not traveling as much as if they were fully employed. But the economy will eventually improve, and my hope is that we'llo have a lot of our transittprojects (currently in progress) builrt by then." Historical trends detailed in the reporty support the theory. Despite the decline in total fuel consumed and total delays per traveler overthe 2006-2007 time frame, consumers are still spending more on fuel costs.
From 2006 to the average cost per hour per commuter increase dfrom $15.06 to $15.47. Commercial coste per hour also increasedfrom $98.77 in 2006 to $102.1q in 2007. The increase can be attributed to the increased cost of fuelfrom $2.5t per gallon in 2006 to $2.92 per gallonb in 2007. The total congestion cost for 2007 wasroughlh $2.85 million or slightlgy more than $1,075 per peak traveler.

Wednesday, December 7, 2011

Shippers: What recession? - Kansas City Business Journal:

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Ltd.’s unveiling of a remotely automated port in South Korea, and its plan to builf three new terminals, including a $208 million terminal at Dame s Point, reflect the company’s aggressive mentalithy in spite of the recession, said Roy senior director of trade development and global marketing for the . That and Mitsuki O.S.K. Lines Ltd.’s own plans for expansiob show confidence inthe industry’s upturn and cementsa their current and futurwe operations in Jacksonville. Hanjin’ “attitude is, ‘We’d be foolish not to push thingss forward and getthings done,’ Schleicher said.
“We thought they might want to slowthingsz down, but instead they want to push forward Hanjin’s revenue has fared better than with nearly 30 percent growth to aboutt $8 billion in fiscao year 2008, compared with the same periode a year ago. Despit e a drop in cargo volume, the sixth-largest shipping company’s profitz grew by more than 60 percent toabour $198 million within the same But the international slump caught up with the company in the first quarter of 2009, when it reported a $191 million net according to the Journal of Commerce.
In response, the companyu pushed back some of its ordersfor Mitsui, which is the 15th-largest international shippint company, posted a $1.3 billion profit in fiscao 2008, down nearly 32 percent. It blamexd the decline in profits on the international trade high fuel prices and astrong yen. The company’s revenue declined by about 4.1 percent to $18.6 billion. Hanjin is openinyg a terminal in Spain in 2010 and anothert in Vietnam with Mitsuiin 2011. With the opening of its terminak in Jacksonvillein 2012, Hanjin will have five terminals in Southj Korea and eight abroad.
Hanjin plans to expand its vessel capacity fromaboutg 375,000 twenty-foot equivalent units, or TEUs, to abouf 575,000 TEUs within the next few said William Rooney, managing director of the company’s American headquarters. Mitsui, the parent company of the Dames Pointf terminaloperator , is looking to spensd millions of dollars to buy an overseas bulk shipping line. The slump has lowered the valuatio n ofpotential acquisitions. The Japanese company plans to increase its fleet ofbulk carriers, tankers and car carrierds by 6.5 percent to 740 ships by the end of this fiscalo year. Mitsui plans also to open a new terminaolin Rotterdam, Netherlands, in late 2013.
In the company has added three services, bringintg two weekly services that open Jacksonvillr to new Asian marketa and strengthening Europeancontainert service. Mitsui’s service calls on Busan and theree will likely be an increase in tradr between Jacksonville and South Korea when Hanjinbeginsd service, Schleicher said. South Korea is a largr exporter of consumer electronics and a strong importerd ofconsumer goods, lumber and citrus. Schleicher said he was impressedwith Hanjin’s technologicap capability after attending the opening of its Busan terminalo May 21 with Rick Ferrin, the authority’z executive director.
The terminal give s a glimpse of how the remotely automateed terminal planned in Jacksonvillewill “I’ve never seen a terminapl business as sophisticated as this one,” Schleiche r said. The Busan terminal can handlew up to 2 million TEUs compared with the planned Jacksonville terminalo that can handleabout 800,000 TEUs The Jacksonville terminal will be simila r in that it will also use rail-mounted gantrgy cranes to transport containerws between the yard and the ship, Rooney The crane travels on rails and is controlled remotely by an operator. The terminal at Dameas Point will have 12 to15 rail-mounted gantry One operator can handle aboutg three cranes at a time.
Rooney said that the containeres will be kept in a yard with sensorw that will shut it down if they detect human He said thecompany hadn’t deciderd the exact productivity rate Hanjin expectsz from the Jacksonville terminal, but it aimedr for world-class productivity levels, which is abouf 40 container moves per hour per crane, Roonehy said. Hanjin is expected to meet withthe ’s Local 1593 and 1408 in June or Jess Babich, president of ILA Clerks Checkers Local 1593, said his union and ILA Localp 1408 are negotiating with the companyg on positions that Hanjin wants its employees to handle but the union says it can handle instead.
The union’s two gangs averaged about 33 movesd per hour per crane when they unloadecd a ship at the TraPadc terminalMay 23. That is one move away from the company’ goal, which needs to be met before TraPavc will allow the union to expandits gangs, Babichh said. TraPac was not availablwe to confirm the rate of The agreement between TraPac and the unioj comes after the terminal operator threatened to leave ifproductivityg didn’t improve.

Monday, December 5, 2011

K&L Gates opens Dubai office - Jacksonville Business Journal:

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Dubai is the firm’s 33rd office and its first in theMiddlw East. K&L Gates Chairman and Global Managinvg Partner Peter Kalis said the officewas “imn the works for about a year” and that the firm’xs entry was “well-timed compared with a year ago becausde the costs are reduced and thered is much more legal talent at more reasonabl e compensation levels available on the K&L Gates expects to grow the Dubaii office principally through hirexs in that region. “o could see additional offices in theMiddle East,” said Kalis, who firsr visited Dubai six months ago in preparingg the firm’s entry there.
“Because of the concentration of financiakl and professional services in theDubai area, it’sw a very attractive and efficient poing of entry into the Gulf region. But certainly it’s not the only markety for legal servicesthat matters. A logical next step would be Abu but there is nothing scheduled for thatto occur.” K&L Gates is also “always” open to continued expansion opportunities internationallyg and in the continental United States, Kalis said, but did not identify specific cities or countries. Neal one of the firm’s seniore dispute resolution partners, is relocatinf from the Pittsburgh officwe to serveas co-founder of the Dubaji office.
Joining Brendel is Paul de Cordova, who most recentl worked with Ashurst, establishing and managing that firm’ Dubai office and helping to open a seconde office in the UnitedArab Emirates. He is a corporate and projectsa lawyer with more than 20years experience. Associatw Richard Dollimore also is joininfg theDubai office. He most recently workecd in the K&L Gates office in London.

Friday, December 2, 2011

Funeral industry gears up for boomers

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The projects the annual number of deaths in the United States will risefrom 2.6 million next year to 3 millio n in 2024 — and 4 million in 2043. “We hear the tidalo wave is coming,” said Chris Meyer, owner of in “We’ve known the (baby boomefr trend) has been coming for some so the industry has been gearing up for that to saidBob Rosson, a Mississippi funeral home operator and an executiv board member of the . “We’ll be able to handled it.” But the industry first has to survived the currentdeath trough. The number of deaths in the United States declineeby 0.9 percent from 2005 to 2006, in part becaused of a mild flu season, according to the .
Healthu care advances have ledto record-higjh life expectancies and lower annual death rate for a range of diseases, includingb stroke, heart disease and diabetes. “We have actually felt a lightercase load,” Meyet said. “I think some of the bigger funerall homes have felt a precipitous drop Baby boomers might live longedr thantheir parents, but sooner or later they’ve got to go. Thosde who want traditional burials should prepare forrisinv prices. The median cost of a funeral in the Unitex Stateswas $6,196 in 2006, accordint to a National Funeral Directors Association surveuy released last year.
That price, whichg includes a $2,255 metal casket, was 11 percent highe r than inthe association’a survey in 2004. With the inclusionj of a concrete vault, whicgh many cemeteries require, the price rises to “That’s the funeral that is going out of saidJoshua Slocum, executive directo of nonprofit . He predicts that the funera l industry will respond to the rising deathg rate by offering cheaper servicesto compete. “Thisz is not going to cause a run on he said. “If anybody’s going to jump into the embalming businessthinking it’s recession-proof, they’re Baby boomers are not interested in their grandma’s funeral.
” Cremationm rates in the United States increased from 26 percent in 2000 to 35 perceny in 2007, according to the . The associatiobn projects a rate of 39 percent next year and 59 percent by 2025. “In some places of California, like Marin you’re looking at a 90 percent crematioj rate,” Slocum said. Cost is a big factor, but ther are also demographic changesat “They say the ‘greatest generation’ were more more religious people,” Meyer “Now, more educated people, more liberal thinkers (who are) less religiouds in many ways, tend to think, ‘It’s all aboutt economics for me.
’ ” Meyer, whose mortuary offers both cremation and embalming said a traditional burial costs $6,000 to depending on the casket. Cremation costss about $1,000 to $2,000. In the Sacramento Meyer said, “there’s been an explosion of storefront cremation Bodies come in and get shippedto off-sits crematoriums. The ashes are returned in an urn. “They don’t have the facilitiews to embalm,” Meyer “They don’t have a chapel. It’ws wildly cheaper. It’s sort of the Wal-Martification of the funeral industry.” “Green” or burials are also growing in popularity.
Peoplse are buried in a casket made of a biodegradable such as pineor wicker, or they can skip the caskegt and just be buried in a shroud. Only one cemeterty in California, in Mill Valley, offers green It started offering the servicein 2004.