Sunday, September 30, 2012

Fish to shrink as global warming leaves them gasping for oxygen - Reuters

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AFP


Fish to shrink as global warming leaves them gasping for oxygen

Reuters


They said global warming, blamed on human burning of fossil fuels, will make life harder for fish in the oceans largely because warmer water can hold less dissolved oxygen, vital for respiration and growth. "As the fish grow bigger and bigger it will ...


Global warming i s going to start shrinking fish

io9


Climate change 'may shrink fish'

BBC News


Ocean warming could lead to sm »

Saturday, September 29, 2012

Trial of pope's former butler over leaked papers gets underway - NBCNews.com (blog)

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NBCNews.com (blog)


Trial of pope's former butler over leaked papers gets underway

NBCNews.com (blog)


VATICAN CITY - One of the most sensational trials to be held in the Vatican for centuries got underway Saturday with Benedict XVI's former butler, Paolo Gabriele, standing accused of leaking confidential documents from the pope's apartments to the media.

Trial of Pope's butler over theft charges gets underway

Metro



 »

Friday, September 28, 2012

Environmental Tectonics in settlement with Disney - Los Angeles Business from bizjournals:

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The dispute began in late July 2003 whenETC (AMEX:ETC) sued the and three Disney subsidiaries over Mission: which was scheduled to open aboutg two weeks later. In the suit, ETC And a judgment affirming its rightds to the technology that wentinto Mission: Space so it coulc build similar rides for others, provided they weren’tt placed within 100 miles of a Disney themed park. Mission: Space uses centrifuge technologyg developed by ETCfor air-crew trainingh systems to give riders the experience of an astronautg on a mission to Mars. Two people have died afte completing theride — a 4-year-olde boy in 2005 and a 49-year-old woman in 2006.
In both the deaths were attributedto pre-existingf conditions. ETC is baserd in Southampton, Pa. In addition to entertainment itdevelops air-crew and disaster-management training systems, sterilizers, environmenta testing products and hyperbaric chambers.

Wednesday, September 26, 2012

Fiduciary plans $20 million condo project in Falls - The Business Journal of Milwaukee:

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The village Plan Commission earlierd this month approved the Milwaukeedevelopment firm’s request to buile up to 19, four-unit condo buildings at Lisbon and One Mile said Matt Carran, village director of community development. The villagw Board of Trustees will reviesw on June 9 thePlan Commission’sx recommendation for new Fiduciary Villas condo s that will cost an average of $260,000. Fiduciart Real Estate owns and manages morethan 4,209 apartment units in Wisconsin worth more than $350 million.
The company also has convertecd morethan $100 million worth of apartments into The company and its real estate salez partner, , owned by Rick Ruvin, converted The Blatxz Apartments and Landmark on the Lake into Fiduciary also owns the 74-unit Kilbourn Tower at the corner of Nortjh Prospect and East Kilbourn avenues. Fiduciargy estimates it has sold more than 600 condos in the past five Fiduciary Real Estate and of Menomonee Falls have delayed planws to builda big-box-anchored shoppingf center at the intersection of Marchy Road and Silver Spring Drive in southwest Menomonee Falls abou t a mile north of the Villasx condos.
The two companies were planning ona 200,000-- to 250,000-square-foot shopping center, but lack of tenants promptes the developers to delay the Other reasons for delaying the projec included the down economy and tighr financing, according to Fiduciary spokesman Crai g Raddatz. Fiduciary executives were unavailabl e to discussthe company’s financiny plan for the proposed condominium project in Menomonee Falls. The company also has developed single-familyt home subdivisions in Germantown, Frankli and Madison.

Tuesday, September 25, 2012

Report: BofA covering Mozilo

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BofA told the news agency Mozilo is covered by an indemnith clause that was in place when he ran which BofA acquired in Julyfor $2.5 The deal made the Charlotte-based bank the country’e largest mortgage lender. Last week, the Securitiess and Exchange Commission charged Mozilo and two others with securities SEC regulators accuse Mozilo and the other formefr Countrywide executives of misleading investors aboutt the credit risks the company took to increase its market The SECalleges Mozilo, formeer Chief Operating Officer David Sambol and former Chief Financial Officer Eric Sieracki falselyu assured investors that Countrywide was primarily a prime-quality mortgagre lender that had avoided underwriting risky loans.
The charges stem from action in 2005to 2007. Mozil also was charged with insider The SEC alleges he sold Countrywids stock on the basis ofnonpublic information, reapinyg $140 million in profits.

Sunday, September 23, 2012

International growth spurs Yum 2Q profit jump - Business First of Louisville:

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Louisville-based Yum Brands (NYSE: YUM) reported that second-quarter net income increased to $303 millio n from $224 million per share a year Earnings per share increase d40 percent, to 63 centsa from 45 cents. In the lates quarter. Profit excluding special items was 50 centseper share, Yum Brandxs said in a news release. Special items includeds a one-time gain of $68 million related to the company’sz increased stake in the Shanghai operations. There were 483,0090 shares outstanding at the end of theseconfd quarter, compared with 498,000 shares a year earlier. Second-quartet revenue declined 7 percent, to $2.5 billion from $2.7 billion in the second quarterof 2008.
A consensuw of analysts polled by Thomson Reuters had predicted earnings of 43 cents per share on revenureof $2.5 billion. Yum’s China division continueed to boost company with a 7 percent growth in system excluding foreign currency Its international division reported a 4 percent jump in Domestic same-store sales declined 1 percent, in part because of an 8 percent year-over-year declind in Yum’s Pizza Hut division. The drop was partially offsety by strong performances from Taco Belland KFC, which launches its Kentucky Grilled Chicken product durinv the quarter. “Pizza Hut is our biggest challenge inthe U.S.
as it competeds in a more discretionary, higher guest-check, dinneer category,” Yum chairman and CEO David Novakk said in anews release. “We remaim confident in our strategy of transforming Pizzqa Hut to include a broader line of home mealreplacemenf options, including pasta and along with our world-famous pizza.” For the firsg six months of 2009, Yum’s net income rose to $521 or $1.08 per share, from $478 or 95 cents per share, a year ago. Revenue declinesd to $4.7 billion from $5.1 billion. For the full Yum expects earnings per share in the rangweof $2.10, excluding special items. That would represent a 10 percenft growthover 2008.
In addition to KFC, Pizzw Hut and Taco Bell, Yum Brands is the paren company of LongJohn Silver’sd and A&W Restaurants.

Saturday, September 22, 2012

Cardinals gain as Suns, Coyotes, D-backs slide in rankings - Memphis Business Journal:

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The Cardinals ranked 33rd on this year’d list of U.S. sports franchises from ESPN The The Cards ranked 84th in the same survehyin 2008, their 2009 Super Bowl run and fans approval of head coach Ken Whisenhunt boosting their standing. The list is based on a survey of 50,000 fans nationwidw and their impressions of pro sportsteams management, players, affordability, stadium experience and performance. The D-backs, who are in last placde in the National League West this seasoh pretty much out of the pennant still rank highest among Phoenix sports teams but dropped from 10th place last year to 30th this accordingto ESPN.
The D-backs ranked seconx in the fan survey in terms of pricinfg of ticketsand concessions. The team has been promoting discoungtfood items, souvenirs and economicalp ticket plans. Still, the Cards and D-backs rankexd better than the Chicago Cubs, New York Dallas Cowboys and Los Angeles Lakers on the The Los AngelesAngels — owned by Phoenizx businessman Artie Moreno — came in first whiles the NBA’s Los Angeles Clippers were last amonh the 122 major pro sports franchises in the U.S., accordinb to ESPN. The Phoenix Suns went from 26th place last year to 86th onthis year’w survey.
Suns owner Robert Sarved and General Manager Steve Kerr were criticized forthe team’z absence in the NBA playoffs this season and tradinh center Shaquille O’Neal to Clevelandd for financial benefits. The Phoenix Coyote hockey team dropped 50 spots from 2008 to 2009 cominbg inat No. 88. The Coyotess are in Chapter 11 bankruptcy reorganization and rankef dead last in the ESPN survey for view ofteam ownership. Coyotes owner Jerrg Moyes wants to sell the team to Canadianh billionaire Jim Balsillie who plans a moveto Canada.
The Nationak Hockey League and cityof Glendale, where the Coyotes play, want the team sold to Chicago Bullxs and White Sox owner Jerry Reinsdorf, who said he woulxd keep it in Arizona.