Monday, October 24, 2011

Mariah Carey, Nick Cannon Debut Twins

Couple opened up about parenthood on '20/20' special with Barbara Walters.
By Jocelyn Vena


Mariah Carey, Nick Cannon and their six-month-old twins, Moroccan and Monroe
Photo: ABC

Back in May, Mariah Carey and Nick Cannon welcomed their twins, Moroccan and Monroe, into the world. And months after their birth, the happy parents sat down with Barbara Walters on Friday for a "20/20" special, where they debuted their bundles of joy.

Nicknamed "Dem Babies," the twins were born via C-section on the couple's three-year wedding anniversary as Carey's track "Fantasy" played. However, the pregnancy itself wasn't much of a fantasy for the superstar. "I don't think I understood the enormity and the magnitude of what it really does to your body," she told Walters. "Carrying two babies. Unless somebody's been through it, it's difficult to understand what I went through, because my pregnancy was very unique in terms of what happened to me.

"I had serious back problems," she continued. "I was afraid I wasn't going to be able to walk properly again. It was a huge strain."

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Carey first confirmed she was pregnant last October after lots of speculation; she also opened up about her struggles to get pregnant. So when it came time to welcome her babies into the world, she wanted it to be a happy experience.

"They came into the world to a live version [of 'Fantasy']," she said, "and the only reason I wanted it to be the live version is because I wanted them to hear the applause upon entering the world."

Cannon expressed equal amounts of excitement over their family, telling Walters during the special, "My family gives me everything. Unconditional love means ... the world to me. I mean, it's completion."

Shortly after the special aired, the couple launched a website for the babies, dembabies.com, where they take fans inside their family through pictures.

"We deliberated for so long about how to reveal the first pictures of our babies to the world. We just didn't want to do the typical thing and display them in a tabloid (not that there's anything wrong with that)," a statement on the site reads. "We decided to share this beautiful experience with you in a special intimate portrait of our family. Parenthood is absolutely the most life changing experience we could ever have imagined. The love we feel for these babies is above and beyond anything we'd ever dreamed of."

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Source: http://www.mtv.com/news/articles/1673043/mariah-carey-nick-cannon-twins.jhtml

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Shaw Communications In Line In 4Q

Shaw Communications Inc. (NYSE:SJR) declared its fourth-quarter fiscal 2011 financial results almost in line with the Zacks Consensus Estimates. Net income for the reported quarter was $171 million or 38 cents per share compared with a net income of $117 million or 27 cents per share in the prior-year quarter. Adjusted EPS of 35 cents was exactly in line with the Zacks Consensus Estimate.

Quarterly total revenue of approximately $1,215 million was up 25.8% year over year but slightly below the Zacks Consensus Estimate of $1,218 million. The year-over-year improvement was primarily attributable to the acquisition of the Shaw Media coupled with customer growth and rate increases in the Cable and Satellite segments.

Quarterly operating income before amortization was around $490 million, up 12.2% year over year. Quarterly operating margin was 40.3% compared with 45.2% in the prior-year quarter. In the fourth quarter of 2011, Shaw Communications generated $368.8 million of cash from operations compared with $338.2 million in the year-ago quarter. Free cash flow in the reported quarter was approximately $50.5 million versus $71.3 million in the year-ago quarter.

At the end of fiscal 2011, Shaw Communications had cash & cash equivalents of $456.2 million compared with $224.9 million at the end of fiscal 2010. At the end of fiscal 2011, Shaw Communications had $5,407.4 million of outstanding debt compared with $4,114.7 million at the end of fiscal 2010. Debt-to-capitalization ratio at the end of fiscal 2011 was 0.60 compared with 0.65 at the end of fiscal 2010.

Subscribers Statistics

At the end of fiscal 2011, Basic Cable customer base was 2,289,775, reflecting net reduction of 16,207 year over year. Digital TV customer base was 1,819,388, representing net addition of 49,548 year over year. Digital TV penetration rate is now 79.5% of basic TV. Internet customer base stood at 1,877,231, reflecting net addition of 13,528 year over year. Digital phone lines were 1,233,041, reflecting year-over-year net addition of 22,776. DTH customer base was 908,883, representing net addition of 806 year over year.

Cable Segment

Quarterly revenue was $806 million, up 5.5% year over year. Strong revenue growth was attributable to subscriber addition and rate increases. Quarterly operating income before amortization was $403.7 million, up 10.3% year over year.

Satellite Segment

Quarterly total revenue of $213.7 million was up 3.3% year over year. ?Within this segment, DTH revenue was $192.9 million, up 3.8% year over year and Satellite Services revenue was $20.8 million, down 1% year over year.? The segment?s quarterly operating income before amortization was $74 million, up 4.5% year over year.

Media Segment

Quarterly total revenue was $215.5 million, up 8% year over year. Operating income before amortization was $12.2 million.

Our Recommendation

In September 2011, Shaw Communicationsdecided to put aside its much-hyped plan to enter into the wireless market of Canada. The company offers triple-play cable TV and satellite TV, Internet, and wireline phone services, whereas its main competitor Telus Corp. (NYSE:TU) offers Cable TV, Internet, wireline, and wireless services. Telus shares a national wireless network with Bell Canada, a division of? BCE Inc. (NYSE:BCE). Its popular Optik TV offering IPTV services is quickly eroding Shaw Communications? market share. In addition, Shaw Communications will now lack a major competitive weapon, which is its wireless service.?

We maintain our long-term Neutral recommendation on Shaw Communications. Currently, Shaw Communications has a Zacks #3 Rank, implying a short-term Hold rating on the stock.

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Source: http://www.dailymarkets.com/stock/2011/10/21/shaw-communications-in-line-in-4q/

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Sunday, October 23, 2011

AP source: Man City drops accusation against Tevez

By ROB HARRIS

updated 12:12 p.m. ET Oct. 21, 2011

LONDON - A person familiar with the situation says Manchester City has accepted Carlos Tevez's insistence that he did not refuse to enter as a substitute during a Champions League game.

The person spoke on condition of anonymity to The Associated Press because the team investigation is continuing. Tevez is attending a disciplinary hearing Friday, cited for a lesser infraction of refusing to resume warming up.

City manager Roberto Mancini said Tevez refused to come off the bench during last month's 2-0 loss at Bayern Munich.

The striker was suspended for two weeks during a City investigation. He blamed a misunderstanding, deeming it unnecessary to warm up after saying he had already done so.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Saturday, October 22, 2011

Eyeing Asian market, LinkedIn launches in Japanese (AP)

TOKYO ? LinkedIn Corp. on Thursday launched its online professional networking service in Japanese, the first Asian language platform for the rapidly growing company as it pushes to expand in the region.

Mountain View, California-based LinkedIn also established a small Tokyo office, following the opening of its Asia-Pacific headquarters in Singapore in May.

Arvind Rajan, head of LinkedIn's Asia operations, described Japan as a key market for the company because of its technologically sophisticated work force. LinkedIn hopes that the lessons learned in Japan will ultimately translate into new offerings for the rest of the world.

LinkedIn has about 120 million members worldwide, with 20 million in Asia and the South Pacific. It began moving into Asia in late 2009, concentrating first on English-dominant markets like India and Australia.

"As we think about the region as a whole, we see tremendous opportunities for growth," Rajan told The Associated Press in Tokyo. "Our penetration levels in Asia, except for those English-speaking countries, are still relatively low."

Rajan said the company is not focused on revenue in Japan at this point. Rather, it aims to grow its membership and will tweak the service to fit local needs.

"We know that if we build a successful membership in Japan, we'll have companies, we'll have advertisers using LinkedIn," he said.

But in Japan, it faces a work force that is more accustomed to anonymity on the Web than the sort of openness encouraged by LinkedIn and other U.S. social networks. The concept of personal branding or building a professional online identity is also still relatively foreign. Most Japanese workers tend to stay at one company for a long time, and job switches are much less common than in the West.

Along with translating the platform, LinkedIn built special tutorial pages to teach Japanese members how to use the site. It also introduces core LinkedIn concepts that may be unfamiliar in Japan such as connecting and the value of a professional network.

"There's a lot more education that we're going to need to do," Rajan said. "That's on us to really figure out how to do that."

LinkedIn is now available in 10 languages. More are in the works, though Rajan declined to say which languages might be next. Earlier this year, it launched in Russian, Romanian and Turkish.

And what about China, the world's most populous country? A launch there doesn't appear to be imminent.

"China is more complicated," Rajan said, citing many local competitors and the rapid pace of change.

"Our approach has always been, we're not just going to dive in and add a language without thinking through what's a winning strategy," he said.

LinkedIn has had a decent year, having executed the biggest initial public offering by a U.S. Internet company since Google went public in 2004.

The company reported better-than-expected quarterly profits in August as growth in membership and revenue picked up pace, though its share price has floundered.

Source: http://us.rd.yahoo.com/dailynews/rss/tech/*http%3A//news.yahoo.com/s/ap/20111020/ap_on_hi_te/as_japan_linkedin

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Editor's Selections: Venereal Diseases Galore, Facebook Brains, and Subtitles


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Ed Note: Part of my online life includes editorial duties at ResearchBlogging.org, where I serve as the Social Sciences Editor. Each Thursday, I pick notable posts on research in anthropology, philosophy, social science, and research to share on the ResearchBlogging.org News site. To help highlight this writing, I also share my selections here on AiP.

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It?s a bit of a sickly week at ResearchBlogging.org:

  • At Contagions, Michelle Ziegler investigates the plague genome, describing recently employed techniques for extracting DNA. She reminds us that the more we know, the better prepared we may eventually be.
  • At Body Horrors, readers will learn that HPV is apparently an occupational hazard for a certain group?and it?s not the one you?re thinking of. Butchers and fishmongers are apparently susceptible to the virus due to their handling of raw meats?and we don?t quite know why that is.
  • Speaking of STDs, Kristina Killgrove at Powered by Osteons explores documentation of syphilis dating to the Roman occupation of Spain in the 3rd-century AD. This study adds to the growing body of research that may help us understand where (in the world) syphilis originated and increase our understanding of epidemiology overall.
  • Shifting gears, let?s look at the brain. Many of us may be mindful of Facebook?checking in every hour (or couple of minutes) to see what?s new, but can trace our participation to brain structure? The Neuroskeptic tackles a recently released study that finds people with?more Facebook friends have denser grey matter in three regions of the brain. The study is fairly sound, but raises questions about the potential significance of this grey matter IRL. As the Neuroskeptic rightly suggests, ?It could be that having lots of friends makes your brain bigger. Or it could be the reverse, that having a certain kind of brain wins you friends, or at least Facebook ones.?
  • And finally, in a most interesting post, Ingrid Pillar of Language on the Move discusses the politics of subtitling, and how these choices reflect identity formation and othering.

I?ll be back next week with more from anthropology, philosophy, and research.

Krystal D'CostaAbout the Author: Krystal D'Costa is an anthropologist working in digital media in New York City. You can follow AiP on Facebook. Follow on Twitter @krystaldcosta.

The views expressed are those of the author and are not necessarily those of Scientific American.

Source: http://rss.sciam.com/click.phdo?i=8e9d49aecfbfd9b25974aabe9f60e1a4

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Friday, October 21, 2011

National GOP urges Nevada to change caucus date (AP)

LAS VEGAS ? The chairman of the Republican National Committee is urging Nevada Republicans to delay their caucuses by three weeks to Feb. 4.

Several Republican presidential candidates and the state of New Hampshire are furious over Nevada having scheduled its contest for Jan. 14. They argue that would wedge New Hampshire's primary too close to Nevada's voting and Iowa's caucuses, which are slated for Jan. 3.

RNC Chairman Reince Priebus says in a letter to his Nevada counterparts that changing to the Feb. 4 date will benefit Nevada in several ways, including giving it a more prominent place on the nomination calendar.

In the letter that was emailed to The Associated Press, Priebus says the delay will allow the candidates to spend more time and resources reaching out to Nevada Republicans.

Party leaders in Nevada are considering changing the date but had made no decisions as of late Thursday.

New Hampshire officials have said they will hold the nation's first primary in December if Nevada doesn't delay its contest.

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/ap/20111021/ap_on_el_ge/us_primary_scramble

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