Friday, December 21, 2012

Videogames under fire, Hollywood lays low after school shooting

LOS ANGELES (Reuters) - The multi-billion-dollar videogame industry came under scrutiny on Wednesday after Hollywood canceled, postponed or played down a slew of movies and TV shows with violent content in the wake of last week's shooting at a Connecticut elementary school.

In Washington, Senator John Rockefeller called for a national study of the impact of violent videogames on children and a review of the rating system.

Although investigators in Newtown, Connecticut, have given no motive for Friday's shooting rampage, some U.S. media have reported that the 20-year-old gunman played popular videogame "Call of Duty" - in which players conduct simulated warfare missions - in the basement of his home.

The gunman, Adam Lanza, killed himself at the scene after gunning down 20 young children, six school employees and his mother.

Rockefeller said he had long been concerned about the impact of violent games and videos on children.

"Major corporations, including the video game industry, make billions on marketing and selling violent content to children. They have a responsibility to protect our children," Rockefeller said in a statement.

The Entertainment Software Association, which represents the $78 billion U.S. videogame industry, on Wednesday offered its "heartfelt prayers and condolences" to the Newtown families.

But it said in a statement that "the search for meaningful solutions must consider the broad range of actual factors that may have contributed to this tragedy.

"Any such study needs to include the years of extensive research that has shown no connection between entertainment and real-life violence," the association said.

NEW 'CALL OF DUTY,' 'HALO' GAMES RAKE IN BILLIONS

Activision Blizzard's latest title in its "Call of Duty" franchise - "Call of Duty: Black Ops II" - hit $1 billion in sales two weeks after its launch last month.

Other popular videogames include Microsoft's "Halo 4," in which players kill evil aliens. The game racked up $220 million in global sales on its launch day in November.

Mike Hickey, an analyst at National Alliance Capital Markets, said backlashes against videogames were not rare, but he was unaware of an instance of games being pulled off store shelves in the past.

When the Columbine school shooting happened in 1999, there was a similar outcry because the two perpetrators were students who played the shooter game "Doom," Hickey told Reuters.

Executives at Hollywood movie studios and TV networks have mostly laid low this week as Americans seek answers to the Newtown slaughter, and discuss how to prevent similar gun violence.

However, content seen as sensitive has been pulled from the airwaves, including an episode of the SyFy TV series "Haven" that contained violent scenes in a high school setting, and the premiere next week of a TLC show called "Best Funeral Ever."

Discovery Channel canceled a third season of its reality series "American Guns" about a family of gun makers. Some radio stations stopped playing pop star Ke$ha's bubbly new single "Die Young" to avoid any potential offense.

Glitzy red carpet premieres for violent upcoming new movies "Jack Reacher," starring Tom Cruise, and "Django Unchained" starring Jamie Foxx, were canceled out of respect for the Newtown victims, but both movies will open in theaters as planned in the next seven days.

INSENSITIVE TODAY, OK TOMORROW?

The Parents TV Council praised the response of the entertainment industry this week, but said it shouldn't be confined to the immediate aftermath of such tragedies.

"If a television network changes its programming because of content that could be insensitive today, why would that same content be appropriate at a later time?," council president Tim Winter said in a statement.

"If producers and performers rightly question whether their industry is complicit in creating a violent media culture that feeds real-life tragedies, why would there be a later time to produce and distribute more of it?," Winter added.

Most major Hollywood stars have remained silent about the potential influence of violent movies on U.S. society. But "Django Unchained" star Foxx was quoted as saying the movie industry should not shirk its responsibility.

"We cannot turn our back and say that violence in films or anything that we do doesn't have a sort of influence," Foxx was quoted as saying while promoting the film in New York.

Director Quentin Tarantino called the Newtown shootings "a horrible tragedy," but in an interview with CNN on Monday he declined to link screen violence with real life events.

"This has gone back all the way down to Shakespeare's days ... when there's violence in the street, the cry becomes 'blame the playmaker.' And you know, I actually think that's a very facile argument to pin on something that's a real life tragedy," Tarantino said.

(Additional reporting by Malathi Nayak in San Francisco, editing by Stacey Joyce)

Source: http://news.yahoo.com/videogames-under-fire-hollywood-lays-low-school-shooting-224001440.html

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Thursday, December 20, 2012

Spy Shots: new Brilliance BS6 pops up in China, in parts

Published on December 19, 2012 by W.E. Ning

Spy Shots: new Brilliance BS6 pops up in China, in parts

The very first spy shots of the new Brilliance BS6, aka Zhunchi. Strangely each shot shows only a part of the vehicle, so we are probably looking at clay models here. The new BS6 is scheduled to be launched on the Chinese auto market in late 2013.

Spy Shots: new Brilliance BS6 pops up in China, in parts

The current Brilliance BS6. Facelifted twice, last time was in 2010. Price starts at 112.800 yuan and ends at 249.800 yuan. Engines: 170hp 1.8 turbo and 129hp 2.0. The latter engine is very old and will disappear in the new car, likely to be replaced by a naturally aspirated 1.8.

Spy Shots: new Brilliance BS6 pops up in China, in parts

Spy Shots: new Brilliance BS6 pops up in China, in parts

Front loox a bit like Mercedes-Benz C-Class. I guess BMW won?t mind?

Via: Sohu.

Source: http://www.carnewschina.com/2012/12/19/spy-shots-new-brilliance-bs6-pops-up-in-china-in-parts/

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Ford: Celts may look at Tyreke Evans

Wait, what? Like the Celtics need another guard. Then again, you never know.

Chad Ford often has a good feel for what Danny Ainge is thinking and wrote the following thoughts on Tyreke Evans. Note: this is probably a lot more speculation than rumor.

NBA - Debating the future of five trade targets - ESPN

[The Kings] should've never drafted him. At the time GM Geoff Petrie was trying to save his job and wanted a guy who could come in and play right away. A few years later, it's pretty clear that Evans peaked in his rookie year. The Kings are a mess and Evans' style of play doesn't help things, and, again, his stock is so low, I'm not sure what the value will be. One team to watch is the Celtics -- Danny Ainge loved him before the draft. I'm not sure Boston has the assets to get a deal done, but I could see the Celtics trying to make something happen.

Evans does have some star potential that he hasn't lived up to. So that makes him just the kind of guy that Danny Ainge might try to buy low on. That said, he's not exactly what this team needs right now and will likely cost some valuable chips to acquire. So take with a grain of salt.

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Source: http://www.celticsblog.com/2012/12/18/3782724/ford-celts-may-look-at-tyreke-evans

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Wednesday, December 19, 2012

West Texas school trustees to fire administrators

EL PASO, Texas (AP) ? An embattled West Texas school board is about to decide the futures of two administrators amid a testing scandal.

The El Paso school board meets Tuesday to vote on the dismissal of an assistant superintendent and an assistant high school principal.

The meetings comes weeks after the Texas Education Commissioner Michael Williams said the district should take harsh action to punish those involved in the high-stakes tests cheating scandal that shook the district. Last week, Williams named a new board to replace the trustees, but federal voting rights laws require the new board to get Justice Department approval.

In October, ex-superintendent Lorenzo Garcia was sentenced to more than three years in prison after pleading guilty to fraud by preventing low performing students from taking the tests.

Source: http://www.mysanantonio.com/news/texas/article/West-Texas-school-trustees-to-fire-administrators-4126493.php

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Sun Life to sell U.S. annuity business

TORONTO (Reuters) - Sun Life Financial Inc will sell its U.S. annuity business for $1.35 billion to a firm connected to Guggenheim Partners in a deal that should reduce the exposure of the insurer's earnings to market swings and boost its cash levels.

Even so, shareholders pulled Sun Life's stock down by 2.5 percent on Monday after the Canadian company announced the deal, which will reduce its book value and core earnings.

"The financial implications are more negative than we had assumed both in terms of the book value decline and the ongoing earnings impairment," CIBC World Markets analyst Robert Sedran wrote in a research note.

Delaware Life Holdings, which is owned by Guggenheim clients and shareholders, will rename itself Delaware Life Insurance Co following the purchase. Guggenheim will provide investment management services to the new company.

New York-based Guggenheim, which has about $160 billion in assets under management, had in recent weeks emerged as the lead bidder for the Sun Life assets, outbidding at least two other parties, sources told Reuters in November.

Sun Life, Canada's No. 3 insurer, said last year it would stop selling variable annuities and individual life products in the United States to focus more on group insurance and voluntary benefits.

Variable annuities are retirement products that guarantee the investor a minimum monthly payment.

They have become a source of earnings volatility for Sun Life in the wake of the 2008 financial crisis, because of low interest rates and Canadian accounting rules that force insurers to take upfront losses on products that will not come due for years.

Weak equity markets and low bond yields sent Sun Life's profit down by 87.5 percent during the second quarter of 2012 and caused losses during the third and fourth quarters of 2011.

EARNINGS HIT

The deal will cut Sun Life's profit by 22 Canadian cents per share annually, and reduce the company's book value by C$950 million ($963 million), the company said in a statement. According to Thomson Reuters I/B/E/S, Sun Life was expected to earn C$2.53 per share on a net basis in 2013.

It is also expected to reduce the company's earnings sensitivity to equity markets by 50 percent and its sensitivity to interest rates by 35 percent, compared with its sensitivities as of September 30.

"This transaction represents a transformational change to the company's business and supports our strategy of improving our risk profile and reducing the volatility of earnings," Sun Life Chief Executive Dean Connor said on a conference call.

The deal will also boost Sun Life's cash position by C$1.9 billion.

Sun Life shares were down 2.5 percent at C$27.14 on the Toronto Stock Exchange on Monday afternoon.

Sedran said the earnings and book value reductions were worse than he had expected.

"Moreover, while the decline in the earnings sensitivity to market variables improves the risk-reward profile, we did not view those sensitivities as excessive to begin with," he said.

However, he said the deal will free up time and capital that would otherwise have been engaged in what is essentially a closed business, which is a positive.

Morgan Stanley & Co advised Sun Life on the transaction, which is expected to close by the end of the second quarter next year.

(Additional reporting by Bhaswati Mukhopadhyay in Bangalore; editing by Frank McGurty and Matthew Lewis)

(This story corrects relationship between Delaware and Guggenheim in paragraphs 1,4)

Source: http://news.yahoo.com/sun-life-sell-u-annuity-business-1-35-123612105--sector.html

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Tuesday, December 18, 2012

NASDAQ OMX Launches SMARTS Broker for Trade Monitoring on the London Metal Exchange With Newedge

NEW YORK and LONDON, Dec. 17, 2012 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced the launch of SMARTS Broker market surveillance solution for commodities trading on the London Metals Exchange (LME). The launch includes the go-live of two global broker-dealer customers, including the global multi-asset brokerage Newedge.

The SMARTS Broker surveillance solution gives brokers the ability to monitor, identify and flag trading activity across the three LME trading venues - Select, Phone and Ring. SMARTS Broker has customized its data structure to work with the unique setup of the LME market, facilitating the setting of alert thresholds on a per venue basis, as well as giving broker-dealers the opportunity to generate granular and detailed visualizations of trading data on a per venue basis. Additionally, LME's unique daily prompt date attached to futures and spread contracts has been integrated, thereby enabling the setting of alert thresholds on the basis of specific prompt dates.

SMARTS Broker is now certified to connect to the LME select data drop copy, allowing connectivity to the trading member's order flow and trading executions. The SMARTS Broker service for commodity trading on LME can typically be set-up within a two-week time span.

"NASDAQ OMX is the market leader in delivering global cross market coverage with our SMARTS Broker offering. As commodities continue to become an area where greater compliance and regulatory focus is required, we are dedicated to being ahead of the curve in helping our customers respond to these changing requirements," said Paul McKeown, Vice President of Market Technology, NASDAQ OMX.

Installed in more than 40 national exchanges and regulators, and more than 70 market participants across 55 markets, SMARTS surveillance solutions are helping customers respond to the ever changing regulatory landscape.

About NASDAQ OMX:

The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 25 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,400 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)

Cautionary Note Regarding Forward-Looking Statements

The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about SMARTS Broker and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.

NASDQ

NASDAQ OMX Media Contact: Ryan Wells (212) 231-5541 (office) (646) 581-4286 (mobile)

Source: http://globenewswire.com/news-release/2012/12/17/511929/10015792/en/NASDAQ-OMX-Launches-SMARTS-Broker-for-Trade-Monitoring-on-the-London-Metal-Exchange-With-Newedge.html

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Monday, December 17, 2012

Dont Get Caught Acquiring Your Own Wellness ... - Critical Care 2011

Consider your family?s wellness when it comes to a health care insurance plan offered by your workplace.

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Understand your state?s laws and regulations when looking for health insurance. Some reveals also provide protection for those who have pre-existing circumstances, although some will not. By knowing the policies, you?ll be sure for the greatest health insurance possible.

Medical health insurance can prove to be a long term and short-term lifestyle saving investment. Before purchasing any type of health care insurance insurance coverage, ensure that you simply comprehend all the vital details about it and create a decision regarding it accordingly. The advice in this article will assist you in receiving the finest health care insurance for your needs.

Make use of the no-determination period of time. A lot of insurance coverage plans will give you a quick amount of time, 10 to thirty days, to help you to check out your insurance coverage.

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In the event you decide towards sticking with the plan, opting out for any refund is possible inside the recommended original trial.

When choosing health insurance, make certain to shop around and compare the advantages and detriments of available options. An insurance agent could be beneficial if you boueux digesting every one of the types. Not, the internet is a great resource for contrasting complete health insurance types very easily.

Anyone that is afflicted with a pre-existing health condition need to teach them selves just before choosing an insurance carrier. Many companies will refuse to protect those that have pre-existing circumstances, or will cost you more for the insurance coverage. To acquire a great value, investigation as much as possible.

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Source: http://www.criticalcare2011.org/dont-get-caught-acquiring-your-own-wellness-care-charges

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Source: http://everett153.typepad.com/blog/2012/12/dont-get-caught-acquiring-your-own-wellness-critical-care-2011.html

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