dipper obscene

casalesharen19

My spouse and i acquired the next problem derived from one of regarding my own checklist members nowadays:

?? a person described the forex money marketplace has this can be fundamentally an industry involving finance institutions across nations around the world. Does this mean that, for example, the actual EURO/USD trade rates are set between the Government Arrange and also the ECB? Is the way a cost is established with no advantage of any investing in just about any shown change somewhere else? Was looking for quick education about this specific position.In . * Stan Z ..

The forex trading place market is mostly the ?interbank? market. Meaning almost all of the trading quantity is completed bank-to-bank like among Citibank as well as Goldman Sachs, by way of example. This particular buying and selling is mostly completed on the part of consumer banking consumers such as worldwide firms, the banks also invest the other each in order to hedge their foreign currency coverage and to undertake trading jobs.

These kinds of industry framework is equivalent to normally the one for many money industry federal government debt trading, such as that for all of us Treasury Provides etc. Imaginable that much like the over-the-counter niche for stocks. Those trades don?t proceed through the swap, but they are done directly broker-to-broker.

Both in forex and fixed earnings you will find massive players just like hedge cash which get involved with the industrial along with expense finance institutions. The earth?s core banking institutions will also be main members only at that amount inside their efforts to effect fx rates (currency trading) and/or rates of interest (repaired revenue).

Your financial transaction dimensions within the interbank market place are generally huge : generally $5 million or higher. Certainly, the typical personal investor will not end up being buying and selling everywhere in close proximity to which large. That is where the internet brokerages as well as currency trading sellers come in to learn. They permit little merchants to accomplish dealings inside drastically reduced sums. Actually, there?s no less than one which will do positions as small as $1.

This is where some individuals have a tad stressed. A number of these currency trading retailers actually become market makers with their customers. What i mean is they will take the other side from the investments which are produced by their customers. That is an issue that can occasionally take place in the stock exchange at the same time, particularly with Over-the-counter futures. Your issue that people have got with this will be the suggested discord appealing regarding value execution that can cause. Is really a dealer who?ll be utilizing the other side of your respective business going to be acting in your greatest interest if you wear the buy and sell?

Although it could be genuine that a few greedy retailers usually takes advantage of the clientele in this way, I will be quite confident that many of them are certainly not behaving towards their clients. They only offer assets towards the marketplace and also create the distributed to do so. When they?ve the extreme experience of virtually any specific currency exchange, they offset it by securing inside interbank market place or perhaps using one more dealer. That?s basically the same as a floor speculator about any kind of change.

Getting to the actual problem of how costs acquire collection, the market really does in which, not the particular key banks. Everyone bank along with vendor is really placing its own price. That may seem a lttle bit strange because it could produce diverse costs everywhere. The actual fact from the make a difference is, even so, in which rates between retailers and also finance institutions happen to be likely to be really, really near. You can find companies such as Reuters where vendor prices are aggregated and offered within information rss feeds, making it possible for everyone to find out the existing (as well as historic) industry prices. Arbitrage buying and selling maintains retailers through pricing price ranges too far far from the other person.

There?s also buying and selling inside commodity market place, and also the somewhat new foreign exchange exchanged money (ETFs). The experience presently there, even though just a portion in the world-wide market place quantity, furthermore plays a part in preserving price ranges within collection charges.

To find out more about the writer: Url

ufc diaz vs condit josephine baker super bowl start time target jason wu gi joe jason wu for target collection jason wu

casalesharen19

The magnificence of Paris, its architectural work, art, monuments, museums, history and culture gives every visitor a treasured experience. Every nook and corner of the city is full of life, beauty a... [Author: Dianajoseph - Travel and Leisure - April 18, 2012]
pa href="http://feedads.g.doubleclick.net/~a/UR5g9t0mTc8QsDIM03pJv-sBLFo/0/da"img src="http://feedads.g.doubleclick.net/~a/UR5g9t0mTc8QsDIM03pJv-sBLFo/0/di" border="0" ismap="true"/img/abr/
a href="http://feedads.g.doubleclick.net/~a/UR5g9t0mTc8QsDIM03pJv-sBLFo/1/da"img src="http://feedads.g.doubleclick.net/~a/UR5g9t0mTc8QsDIM03pJv-sBLFo/1/di" border="0" ismap="true"/img/a/pimg src="http://feeds.feedburner.com/~r/articlecity_travel_and_leisure_feed/~4/2wMueu0nYXY" height="1" width="1"/

Source: http://feedproxy.google.com/~r/articlecity_travel_and_leisure_feed/~3/2wMueu0nYXY/article_5914.shtml

travel blogs china travel blogs usa travel blogs thailand tour blog pga tour blog titleist tour blog

etta james ufc on fox evans vs davis fast times at ridgemont high fast times at ridgemont high soylent green phil davis

casalesharen19

Everyone can't reject or avoid away any bad condition perhaps happened. All they can do in the unexpected condition is to solve and fix it soon. This such theory is also applied when you have poor financial condition and lack of money while one emergency need requires you to pay certain amount of money soon. Keep thinking clearly in this condition and avoid doing careless because there are many solutions available for you to choose and take. One of them is to submit application for getting payday loans into one money lender which doesn't only treat you so professional but also helping you to deal with the current problem in multiple matters. The money lender will not only give you money loan in very quick time, but also make you free from any disturbing activity as like sending any faxing paperwork, visiting any place, and so on.

The money lender offers you fax less payday loan system which means that you can get money loan without having to do those exhausting activities. You just have to sit down on in front of your computer, visit the website, and follow the instruction. Everyone can submit an application to get money loan, but only those who can fulfill some criteria have great chance to get approved. And fortunately, those criteria are very simple and easy. Anyone just has to be 18 years old and more, has regular income and valid banking account. So that's why, if you are in such condition and you fulfill all established requirements, you have great chance to get approval and get the money in the next day after submitting application. Nothing more you have to do and not other requirement you have to fulfill.

tinker tailor soldier spy rich forever rick ross project runway all stars elin nordegren tangled ever after kansas state last house on the left

casalesharen19

ATHENS, Greece (AP) ? Like many Greeks left unemployed by their country's economic tailspin, Dimitris Spachos finds it easier to talk about his nation's problems than his own.

Enormous debt accumulated over decades sent the country into a recession so deep it kills 200 businesses and 900 jobs every day. Elections this month failed to produce a government, and Greeks will vote again in June. Meanwhile, life for most Greeks continues to get worse.

"Every day I see more people sleeping rough on the street," said Spachos, 72. "They can't even wash their clothes or themselves. ... It worries me."

Spachos, who has been staying with different friends in recent months, may soon join them. A former doctor, he could not afford to retire and found work as a hospital orderly. But as Greece's woes mounted so did his own, and he lost his job, then two more: one as a gardener and one as a groundskeeper.

Now, he is unemployed and homeless, and spoke this week at a municipal soup kitchen, where he ate a plastic bowl of bean soup, a thick slice of bread and a banana.

"I am ashamed to be here," Spachos said, his eyes filling with tears. "My heart is broken."

"Greeks have fight in them, so maybe things will improve in a couple of years," he said, opening his shirt to reveal a scar from surgery to implant a pacemaker. "But I won't be around to see it."

Here is a look at some of Greece's problems as it struggles to pay its debts:

UNEMPLOYMENT

Over the past three years unemployment has roughly doubled, and Greece has lost more than 10 percent of its output.

Nearly 320,000 people lost their jobs in the 12-month period ending in February, pushing the unemployment rate to 22 percent. Greece's 3.8 million employed people are supporting the 4.5 million who don't work ? 1.1 million officially unemployed and 3.4 million considered financially inactive.

BUSINESS WOES

Some 80,000 businesses were shuttered last year, and 136,000 more are expected to fail in 2012, according to estimates from the Athens Chamber of Commerce.

"Out of 900,000 businesses currently operating, that would be a major blow," said Constantine Michalos, the chamber's president. "I fear the (next) government may be called upon to administer the ruins of the Greek economy."

CRIME

The Public Order Ministry has reported an increase in nearly all categories of crime between 2010 and 2011, with murder up 5 percent and armed robberies in occupied homes up 110 percent.

HOMELESSNESSS

Homelessness, the most visible sign of Greece's financial despair, has risen by around 25 percent, according to estimates by a state-funded relief agency. That number includes more people from traditionally stable background such as high school and university graduates.

HEALTH PROBLEMS

Greece's Center for Disease Control and Prevention reported 954 new HIV infections in 2011, a 57 percent increase from the previous year. It attributes most of the rise to drug use.

DEPRESSION

All these problems have led to a general rise in depression. According to several state-funded health and relief agencies, rates of suicide, drug dependency and depression have all broadly risen by 20 to 25 percent since the financial crisis hit in late 2009.

friends with kids pacific standard time northern mariana islands summer time coolio daylight savings time 2012 ricky rubio

casalesharen19

Hollande and Obama (Pablo Martinez Monsivais/AP)

Visiting French President Fran?ois Hollande told President Barack Obama on Friday that France's combat troops would leave Afghanistan by year's end and pledged to find a way "for our allies to pursue their mission" in talks at a looming NATO summit. The two leaders also bonded over jokes about fast food, a move that recalled ugly Franco-American tensions ahead of the war in Iraq.

France will support Afghanistan "in another way, another form" Hollande told Obama as they met for the first time in the Oval Office. But "the date of the end of 2012 is, for (French) combat troops, the final date."

Obama's NATO-backed strategy for ending the deeply unpopular war calls for shifting the burden of security to Afghan forces next year (a step the NATO summit in Chicago this weekend is expected to detail) on the way to a full withdrawal of alliance combat troops by the end of 2014. At the same time, he recently signed an accord with Afghan President Hamid Karzai that may keep American military trainers and counterterrorism troops in the war-torn country to 2024. U.S. officials have expressed hope that France will consider a similar compromise, which could avert a possible rush to the exits by other war-weary allies.

"We'll discuss this again at the summit in Chicago, and I think that we'll be able to find a way to make it possible for our allies to pursue their mission and for France to keep the promise I made to the French people," said Hollande, who campaigned on a pledge to pull France's combat troops out by the end of the year.

"We agreed that even as we transition out of a combat phase in Afghanistan that it's important that we sustain our commitment to helping Afghans build security and continue down the path of development," said Obama.

Obama and his guest, the first Socialist French president in 17 years, seemed far closer on other issues: Both cited the need to stimulate the sputtering global economy. "Growth must be a priority, even as we get our public accounts in order," said Hollande, whose calls for jobs initiatives is a break from predecessor Nicolas Sarkozy's austerity agenda. Obama and the French president were to meet hours later at Camp David with German Chancellor Angela Merkel, who has called for stricter fiscal discipline, at a summit of the Group of Eight industrialized nations.

"We're looking forward to a fruitful discussion later this evening and tomorrow with the other G8 leaders about how we can manage a responsible approach to fiscal consolidation that is coupled with a strong growth agenda," said Obama.

The French president also said he and his host had agreed on the need for Greece to remain in the eurozone?Europe's common currency area?despite the country's profound debt crisis and calls from some quarters for dropping it from the 17-nation economic union.

"We share the same belief, that Greece must remain in the eurozone and that all of us must make an effort to achieve that goal," said Hollande. "And I wanted to send the Greek people this message: Your place is in the eurozone."

Both leaders also showed a united front on the tense diplomatic crisis over Iran's suspect nuclear program and international efforts to end Syria's bloody crackdown on opposition to President Bashar al-Assad.

Obama's talks with Hollande kicked off a frenetic four days of guns-and-butter diplomacy, starting with the G8 meeting at Camp David and continuing through the NATO summit in Chicago.

Both Afghanistan and the economy are central to Obama's legacy?not to mention his hopes for re-election in November. And the back-to-back summits offer vital opportunities to get the United States and its closest allies in closer harmony.

White House officials have worriedly watched Europe's debt crisis, concerned that a recession there could infect the already-weak American economy. And the president has made a successful handover of security responsibility from NATO-led forces to their Afghan counterparts by the end of 2014 one of his signature foreign policy goals.

"Our economies are interdependent. What happens in Europe has consequences on the United States. And what happened in the United States had consequences for Europe," said Hollande. "The more coordinated our actions, the more effective we can be."

As the meeting began, Obama referred to Hollande's youthful adventures in the United States, which he traveled in 1974 on a grant from a business school. The future president of a country famed for its food studied McDonald's and Kentucky Fried Chicken, both unknown at the time in France. "I could have made a fortune in cheeseburgers, but I finally chose politics," he recently told The New York Times.

After offering Hollande a "hearty congratulations" on his election victory, Obama noted that his guest "actually spent some time in the United States in his youth, studying American fast food?and although he decided to go into politics, we'll be interested in his opinions of cheeseburgers in Chicago."

"I want to thank President Obama for his vast knowledge of my life before I became a politician. And I want to say nothing that might suggest that cheeseburgers might have any flaws," replied Hollande.

"I just want to remember that cheeseburgers go very well with french fries," joked Obama. "No declaration about french fries," Hollande said, in English.

That light banter recalled deep tensions between Paris and Washington in the run-up to the March 2003 invasion of Iraq, a war France fiercely opposed. U.S. lawmakers at one time voted to change the name of french fries to "freedom fries" in their cafeteria, while Air Force One served "freedom toast." Neither food is known as "French" in France.

More popular Yahoo! News stories:

? Gallup poll: Romney's 'favorable' rating jumps

? The man behind the 2012 Jeremiah Wright ads: Fred 'Demon Sheep' Davis' greatest hits

? Romney rejects using the Rev. Jeremiah Wright against Obama

Want more of our best political stories? Visit The Ticket or connect with us on Facebook, follow us on Twitter, or add us on Tumblr. Handy with a camera? Join our Election 2012 Flickr group to submit your photos of the campaign in action.

polar bear plunge lovelace antioch the grey review demi moore 911 call ipo jim rome

casalesharen19

NEW YORK (Reuters) - Ailing law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar with the matter said on Friday.

The majority of Dewey's partners have quit as a result of concerns about compensation, and $225 million in bank loans and bond debt.

Buyers of distressed debt who have acquired Dewey's debt at a discount on the secondary market are more open to seeing the firm wound down in bankruptcy court rather than out of it, said the person, who requested anonymity because the information was not public.

With the emergence of new creditors, Dewey on Tuesday replaced restructuring adviser Development Specialists Inc. (DSI) with competitor Zolfo Cooper. Joff Mitchell, a senior managing director at Zolfo, is now Dewey's chief restructuring officer, two people familiar with the situation said.

Bill Brandt, chief executive of DSI, confirmed that his firm's involvement in the matter was coming to an end.

"Our firm is transitioning out," Brandt said. "We've been replaced by Zolfo at the insistence of the debt holders. It now becomes a creditor-driven case."

A bankruptcy filing is not certain, and the timing of any potential filing remains unclear. The firm has been consulting with restructuring lawyers since April at the latest, and has retained bankruptcy attorney Albert Togut of law firm Togut Segal & Segal.

Neither Stephen Horvath III, Dewey's executive partner, nor Janis Meyer, its general counsel, responded to requests for comment. Mitchell and a spokesperson for Zolfo also did not respond to requests for comment.

Togut did not respond to a request for comment on Friday.

A spokesman for the firm's primary bank lender, JPMorgan Chase & Co, declined to comment late on Friday.

Once one of the largest law firms in the United States, Dewey & LeBoeuf has lost all but a handful of the 300 partners with which it opened 2012. It has laid off 433 of 533 employees in New York, according to the New York State Labor Department.

Dewey's debtholders have been selling their stakes during the firm's downfall. As of May 3, bankruptcy analyst Kevin Starke of CRT Capital Group said Dewey's $150 million in notes privately placed following a 2010 bond offering were trading at between 45 cents and 55 cents on the dollar on the secondary market.

The shift toward a possible bankruptcy filing would be a major change in direction. As recently as March 12, Martin Bienenstock, formerly a top bankruptcy partner at Dewey and an outgoing member of the firm's office of the chairman, told the Wall Street Journal that the firm had "no plan to file a Chapter 11 bankruptcy."

"We've had a completely non-adversarial relationship with our lenders, and right now the cash we're using is the lender's collateral," he said at the time.

Bienenstock did not respond to a request for comment late on Friday. He was one of four members of Dewey's top management team, the office of the chairman, to decamp to other firms in recent days, joining Proskauer Rose. The last member of that office, Washington, D.C., lobbyist L. Charles Landgraf, said he had joined Arnold & Porter on Wednesday.

Lawsuits are mounting against Dewey. The U.S. Pension Benefit Guaranty Corporation sued the firm Monday in Manhattan federal district court in order to take control of three of the firm's pension plans, which the agency said were underfunded by $80 million.

Bankruptcies are often driven by creditors. On Wednesday, Annette Jarvis of Dorsey & Whitney, a bankruptcy lawyer who represents a group of 51 retired pension partners at Dewey predecessor LeBoeuf Lamb Greene & MacRae, said that in her view the firm "has to be put into a bankruptcy."

Jarvis did not respond to a request for comment on Friday.

(Reporting By Nate Raymond and Nick Brown; Editing by Daniel Magnowski)

ios 5.1 apple tv update new ipad release pregnant jessica simpson international womens day joe the plumber lra

casalesharen19

About Us

Diggs Construction, LLC is a construction management firm offering a full range of construction services. We serve both the private and public sector, including commercial construction, industrial construction, and educational facility construction. As a minority-owned company, Diggs Construction?s philosophy is simple: there are no challenges, only opportunities. This philosophy allows Diggs to find solutions other firms overlook. From individual projects to concerns commonly associated with the building industry, our unique insight has lead us to be one of the best construction service providers available. We believe in upfront and honest communication, enhancing the quality of life of the communities we build in, reducing environmental impact through green building techniques, and as always, providing excellent service.

The core of every relationship must have integrity, respect, honesty, and true, heartfelt commitment. Based on this fundamental belief, Diggs Construction, Inc. was founded in1977 offering general contracting services nationwide for projects of all sizes.

Since its formation, Diggs Construction has always sought to utilize the concept of ?system integration? within its management, technical facilities, partners and clients. Thoroughly analyzing each project to determine the right personnel and chemistry needed has been a crucial step that allows Diggs to deliver top quality projects to its clients, on time and within budget from the onset of any project.

Our Team

(From Left to Right) Chief Operating Officer, Robert H. Kimmig; Vice President, Derrick Diggs, LEED AP; and Director of Civil Group, Jerry Morrow, PE.

Services

Program Management

Diggs manages large, multi-year, multi-project master plans, tracking a large number of projects in stages ranging from early development through design, construction and close out. Master budgets and schedules keep the owner up-to-date on the entire program.

Construction Management

Diggs Construction teams with the owner and the architect during preconstruction to insure that the project?s schedule and budget will meet the owner?s needs and requirements.

General Contracting

Although nearly a lost art, general contracting is still the most efficient delivery method for the sophisticated owner who wants to keep an uncomplicated job uncomplicated. Depending on the market, Diggs Construction offers the owner hard bid project solutions, with services extending from the end of the design phase through close out.

Healthcare Group

Our skilled staff has strong knowledge in the healthcare construction industry/regulations and extensive expertise in building, renovating and expanding complex medical projects including nursing homes, specialty care units, medical office buildings and dialysis clinics.

Civil Group

Diggs Civil Group is a consortium of civil engineers that combine construction management services with over 150 years of experience in providing road, bridge, and water/waste water engineering. Our design/build capabilities maximize efficiency and cost savings in infrastructure construction where unforeseen conditions are more likely to arise.

Projects

Partial Project List

Mary M. Hooker Environmental Studies Magnet School
LEED Platinum ? Hartford, CT ? Program Manager
101,150 SF $41,775,000

Honda Parts Distribution Warehouse Expansion
Windsor Locks, CT ? Construction Manager
185,000 SF $16,450,000

DaVita Dialysis Center
Glen Burnie, MD ? General Contractor
14,300 SF $1,347,500

Stop & Shop #0651
Bloomfield, CT ? General Contractor
76,000 SF $818,000

Lone Star Parking Garage
Houston, TX ? Design/Build
979 Spaces and 1,000 SF Police Substation $8,400,000

US Army Reserve Center
Dodge City, KS ? General Contractor
35,000 SF $8,275,000

Clients

?Focusing on client satisfaction is how we do business. And that makes all the difference.?

Ahold, Inc./Stop & Shop Supermarkets
American Honda Motor Company
American Renal
Capitol Region Education Council (CREC) ? Hartford, CT
City of Hartford ? Hartford, CT
City of Kansas City ? Kansas City, MO
DaVita, Inc.
Greater Hartford Transit District ? Hartford, CT
Housing Authority of the City of New Haven ? New Haven, CT
Lone Star College Systems ? Houston, TX
Rice University ? Houston, TX
Sikorsky
Spirit Aerosystems ? Wichita, KS
Texas Southern University ? Houston, TX
Town of Bloomfield ? Bloomfield, CT
Town of Hamden ? Hamden, CT
Wichita Public Schools ? Wichita, KS

Business Statistics

?

Locations

?

Contact:
1001 East 101st Terrace
Suite 200
Kansas City, MO 64131
Phone: (816) 994-6950
Fax: (816) 994-6951
www.diggsconstruction.com

lindsey vonn lindsey vonn josef stalin kourtney and kim take new york anne hathaway nathan hale kohls coupons

casalesharen19

And then there were three. U.S. Cellular's picking up the pace where its next-gen offerings are concerned, adding yet another device to that lonely LTE product portfolio. Starting today, Samsung's SCH-LC11 mobile hotspot will be available on the regional carrier's site with some sweet, limited time promotional pricing in tow: a mere $50 for subscribers residing in one of the operator's designated 4G coverage areas. For everyone else hunkered down in plain 'ol 3G territory, it'll ring in at $200 -- that's after a $50 mail-in rebate and required two-year contract. So, if you're a fan of deals and like to keep your plethora of portable gadgetry always connected, hit up the source link below and get to ordering.

Continue reading U.S. Cellular adds Samsung mobile hotspot to its 4G LTE lineup, because three's company

U.S. Cellular adds Samsung mobile hotspot to its 4G LTE lineup, because three's company originally appeared on Engadget on Thu, 17 May 2012 16:06:00 EDT. Please see our terms for use of feeds.

Permalink | source

U.S. Cellular | Email this | Comments

zambrano orange bowl tim howard goal ben gibbard nfl playoff schedule tim howard scores nick cannon kidney failure

casalesharen19

Wedding photography Seattle is talented photographers with skills that can amaze you, with the artistic touch and the experience that they have earned throughout the past years they deal with weddings high professionalism, they advice the couples to think ahead about the shots that they ?d like to capture on the day and compile a list so that you can check them off as its the couple?s day and their wishes must be followed, otherwise wedding photography Seattle is? always ready with their lens to look through the emotions that you will be going through on your day and turn it into a series of photographic memories. With many years of experience behind the camera they have acquired the immense expertise in still photography, based on their expertise, their team is committed to deliver a unique, expressive wedding photography that captures the event?s best moments and expressions.

Quality is the primary objective of their team as it is very well reflected through their work. Their constant efforts provide services and top most priority to their clients. They are everywhere and nowhere, they will be there from the beginning of the evening till the wrap up, they are even available for destination weddings as the world becomes a global village, a larger percent of weddings take place away from the couple?s home area and many times the couple?s home country and wedding photography Seattle is pleased to inform their clients that they will follow the couples till their dream destination.

With Seattle wedding photography transforms the events of your wedding day into unique memories that will be cherished for years to come. Through the use of black and white, colour, sepia and cross processing techniques, the spontaneity, love, laughter and excitement of one of the most special days of your lives will be captured in their unique photojournalism and traditional style. From custom designed albums to flexible wedding packages, together Seattle wedding photography will create photographic memories as unique, special and perfect as your wedding day. For the professionals in their team the magic of photography is in capturing the essence of one fleeting instant and seeing things from a new perspective because weddings are about the birth of a new family and regardless of orientation , age or ethnicity , their goal is to document the awesome momentousness of this great event in living colour. The Seattle wedding photography loves the little details, candid emotions and fun portraits .Their favourite thing is that nostalgic feeling of the mixed emotions you went through the entire day displayed when you look at the really great photograph. Their expertise is in catching the right light and pushing a little button and they can make an image that will last forever, you can call them crazy, adventurous, and live to try new things. They believe in photography that captures who you are, just beautiful, honest and enduring images of the most important , most fun and fantastic moments in your life.
?

hazing colton harris moore hurd hurd christopher hitchens ron paul 2012 zynga stock

casalesharen19

The move by Army Secretary John McHugh and Gen. Raymond Odierno, Army chief of staff, comes after findings this year that several post-traumatic stress disorder diagnoses at a base near Seattle were wrongfully reduced to lesser illnesses during medical retirement evaluations.

?We owe it to every soldier to ensure that he or she receives the care they need and deserve,? McHugh said in a statement, adding that the military ?must ensure that our processes and procedures are thorough, fair and conducted in accordance with appropriate, consistent medical standards.?

Army Undersecretary Joseph Westphal, and Gen. Lloyd Austin, Army vice chief of staff, will lead the review.

This year, the Army investigated behavioral health cases at Madigan Army Medical Center at Joint Base Lewis-McChord outside Seattle, where soldiers complained that their PTSD diagnoses were downgraded to lesser illnesses.

The probe is ongoing, but more than a hundred of those PTSD diagnoses have since been restored. In addition, three officers, including the hospital commander, Col. Dallas Homas, and William Keppler, head of a psychiatric team that had changed PTSD diagnoses, have been placed on administrative leave.

Sen. Patty Murray, D-Wash., who pressed for an investigation after soldiers complained to her about the way they were treated at Madigan, applauded the servicewide review.

?The Army clearly realizes they have a nationwide, systematic problem on their hands,? she said. ?The Army needs to fix the inconsistencies we?ve seen in diagnosing the invisible wounds of war.?

A statistically valid cross section of cases and retirement evaluations from Army hospitals across the country dating back to 2001 will be reviewed to see whether problems exist beyond Madigan, the Army says.

The effort by Westphal and Austin will be supported by a new task force led by Lt. Gen. David Perkins, who led the first troops to seize and hold the center of Baghdad during the Iraq invasion in 2003.

Raymond Chandler, sergeant major of the Army, will be a special adviser to the project.

The service will develop processes for current and former soldiers to seek redress if they were not properly compensated for their combat-related mental illness, the Army says.

Last month, the Army issued new guidelines for the assessment and treatment of PTSD, urging ?particular caution? in reducing a diagnosis to a lesser illness.

At Madigan, soldiers blamed the problem on a special ?forensic? psychiatric team established to review medical retirement evaluations. If the providers found it necessary, a PTSD diagnosis could be reduced to a personality or adjustment disorder, or even a finding that a soldier was faking the illness.

According to an Army investigative document, Keppler was quoted as complaining that PTSD diagnoses pay out $1.5 million in retirement over a veteran?s lifetime and that doctors should be ?good stewards? of tax dollars or the Army and Department of Veterans Affair would ?go broke.?

Article source: http://www.usatoday.com/news/military/story/2012-05-16/PTSD-army-review-mental-health/55024632/1?csp=34news

brandon lloyd brandon lloyd celtic thunder fabrice muamba collapse prometheus trailer patrice oneal shamrock

casalesharen19

We told you Kanye West would appear on season seven of Keeping Up with the Kardashians.

And now you can see for yourself.

In a new E! promo for the season premiere, which airs on Sunday, we get a glimpse of Kanye and Kim at dinner, along with Khloe talking about the rapper and making it seem like this relationship is nothing but a publicity stunt. But that would be crazy, right?

Elsewhere: Kim wears wigs; Kourtney cries; Kris recalls a past love; Lamar Odom considers his NBA career; Scott Disick yells; and THG almost loses our dinner. Watch the totally unscripted madness now:

Keeping Up With the Kardashians Promo

dobie gray bruce springsteen grammy nominations lil boosie new edition austerity rihanna and chris brown back together

casalesharen19

They may have been dead for more than 9000 years, but the future looks uncertain for two early Americans unearthed in 1976 below the University of California in San Diego.

Members of a local Native American tribe ? the Kumeyaay ? want to rebury the remains, which they believe are their ancestors. In December, UCSD agreed to hand over the skeletons, but in April three palaeoanthropologists filed a lawsuit against UCSD to keep the remains for research. The Kumeyaay had anticipated the move and filed their own lawsuit days earlier. Last week, the university agreed to a judge's order to keep the remains in a safe place until a final ruling.

Since 1990, US law has mandated universities to return Native American artefacts and remains to their respective tribes. But UCSD's scientific advisory board determined that there is no evidence that these two skeletons are related to the Kumeyaay, even though they were discovered on that tribe's ancestral lands. Isotopic evidence taken from the skeletons suggests they ate seafood ? unlike the Kumeyaay's traditional diet ? and the Kumeyaay traditionally cremate their deceased rather than bury them.

James McManis, an attorney in San Jose who represents the three palaeoanthropologists, is confident that scientific evidence outweighs the tribe's claim. Lawyers for the tribe nevertheless insist that research on the bones would be disrespectful.

"Nowhere in the world is this sensitivity so acute as in the US," says anthropologist Bryan Sykes at the University of Oxford. He believes that tensions were escalated by a recent case where researchers in Arizona performed DNA analysis on the Havasupai tribe's ancestry without their consent. The results indicated that the people hadn't always lived in North America, contrary to tribal beliefs.

If you would like to reuse any content from New Scientist, either in print or online, please contact the syndication department first for permission. New Scientist does not own rights to photos, but there are a variety of licensing options available for use of articles and graphics we own the copyright to.

Have your say

Only subscribers may leave comments on this article. Please log in.

Only personal subscribers may leave comments on this article

Subscribe now to comment.

All comments should respect the New Scientist House Rules. If you think a particular comment breaks these rules then please use the "Report" link in that comment to report it to us.

If you are having a technical problem posting a comment, please contact technical support.

space needle nashville predators king arthur king arthur there will be blood there will be blood nigel barker

casalesharen19

Released on May 17th, 2012

BEIJING, May 16, 2012 /PRNewswire-Asia-FirstCall/ ? China Distance Education Holdings Limited (NYSE: DL) (?CDEL?, or the ?Company?), a leading provider of online education in China focusing on professional education, reported today its unaudited financial results for the second quarter of fiscal year 2012 ended March 31, 2012.

Second Quarter Fiscal 2012 Business and Financial Highlights:

??? Total course enrollments from continuing operations was 293,000, an increase of 27.7% from the second quarter of fiscal 2011.
??? Net revenues from continuing operations increased 36.7% over the second quarter of fiscal 2011 to US$12.3 million.
??? Gross profit from continuing operations increased 49.3% from the second quarter of fiscal 2011 to US$7.02 million.
??? Non-GAAP(1) gross profit from continuing operations increased 39.9% over the second quarter of fiscal 2011 to US$7.03 million.
??? Gross profit margin from continuing operations was 56.9%, compared to 52.1% in the second quarter of fiscal 2011. Non-GAAP gross profit margin from continuing operations was 57.0%, compared to 55.7% in the same period last year.
??? Operating income from continuing operations was US$3.2 million, compared to US$0.3 million in the second quarter of fiscal 2011. Non-GAAP operating income from continuing operations was US$3.3 million, compared to US$1.2 million in the second quarter of fiscal 2011.
??? Net income was US$2.8 million, compared to US$0.5 million in the second quarter of fiscal 2011.
??? Non-GAAP(1) net income was US$2.9 million, compared to US$1.4 million in the second quarter of fiscal 2011.
??? Basic net income per American Depositary Share (?ADS?) was US$0.083, compared to basic net income per ADS of US$0.013 for the second quarter of fiscal 2011. Diluted net income per ADS was US$0.082, compared to diluted net income per ADS of US$0.013 for the second quarter of fiscal 2011. Each ADS represents four ordinary shares.
??? Basic non-GAAP(1) net income per ADS was US$0.086, compared to basic non-GAAP(1) net income per ADS of US$0.040 for the second quarter of fiscal 2011. Diluted non-GAAP(1) net income per ADS was US$0.085, compared to diluted non-GAAP(1) net income per ADS of US$0.040 for the second quarter of fiscal 2011.
??? Deferred revenue and refundable fees balance was US$15.8 million, a 3.6% increase from the balance of US$15.2 million for the first quarter of fiscal 2012 and a 19.5% increase from the second quarter of fiscal 2011.

Commenting on the results, Mr. Zhengdong Zhu, Chairman and Chief Executive Officer said, ?We are very pleased to report another quarter of healthy top- and bottom-line growth, building on the momentum we have gained in recent quarters. Supported by steady enrollment growth across our core online education courses and increasing pricing power, revenue for the quarter again exceeded guidance. Our results demonstrate the robust underlying demand for high quality online training and educational services and the growing strength of our brand power in China?s education market. We are also pleased to see that our recent initiatives, including our newly launched high definition courseware and mobile learning platform, are helping to drive incremental enrollment growth across our course offerings, while also supporting growth in average student payments. These new services highlight our innovative and student-focused approach which we believe will help to further strengthen our industry leading position for years to come.

?While overall market conditions and student demand remain healthy, some major Accounting Professional Qualification Examination, or ?APQE?, originally scheduled for May have been delayed to October. At the same time we are still awaiting the release of the official policy on this year?s CPA exams, including the exam dates, registration timeline and text books. The release of this information is already more than six weeks behind the usual schedule. Consequently, we anticipate a shift in the timing of enrollments and revenue recognition for APQE and CPA exams. Specifically, a significant portion of APQE revenue that we had expected to record in the third fiscal quarter will shift into next fiscal year, and post-exam APQE enrollment will also be delayed until next fiscal year. The delayed release of CPA exam policy for this year may also affect both the timing and the amount of revenue we may earn in the remainder of this fiscal year. While the delayed timing of these exams will impact our results, we believe that these regulatory changes are a one-time event and such changes will only affect the timing of the revenue contribution related to these exams.

?We believe that the continuing strength of our other accounting and non-accounting courses will help to partially offset the near-term impact from these delays. The continued diversification of our business in recent years and the growing momentum of our recent initiatives have helped us to develop a more robust platform with multiple sustainable revenue streams. As a result, we still expect to achieve our revenue guidance for the full year of 20-30% revenue increase year-over-year.?

Ms. Ping Wei, Chief Financial Officer of CDEL, commented, ?Our performance in the second quarter has again demonstrated the scalability of our business model as we registered another quarter of strong top- and bottom-line growth. Both our gross and net margin continue to expand at a healthy pace while cash flow has also continued to increase, registering a US$4.8 million increase in the second quarter.

?The delayed timing of the AQPE exams and the delayed release of CPA exam policy will result in about 15-20% of third-quarter revenue being delayed to later quarters. On a fiscal year basis, APQE alone will result in the delayed recognition of at least US$1.8 million in revenue into fiscal 2013. As most of our costs and expenses are fixed, the impact to our bottom line for the next quarter and for fiscal year 2012 will be even more significant.

?Nonetheless, as most of our other education verticals are growing at a particularly high rate, and as we continue to tightly control our costs and expenses, we remain confident that despite these unexpected delays, we will still maintain net profit growth in-line with our revenue growth in fiscal year 2012.?

Fiscal Second Quarter 2012 Unaudited Financial Results

Net Revenues. Total net revenues from continuing operations for the second quarter of fiscal 2012 were US$12.3 million, representing a year-over-year increase of 36.7% from US$9.0 million in the second quarter of fiscal 2011.

Online education services net revenues for the second quarter of fiscal 2012 were US$9.2 million, an increase of 36.4% from the second quarter of fiscal 2011. The increase was a result of increased revenue in all major test preparation courses. Such increase was partially offset by decreased revenue from accounting continuing education courses primarily as it is low enrollment season for continuing education courses.

Net revenues from books and reference materials for the second quarter of fiscal 2012 were US$1.3 million after reallocating the delivery of online course services deliverable of US$0.2 million as online education services net revenues, almost unchanged from the second quarter of fiscal 2011.

Net revenues from others increased by 86.6% year-over-year to US$1.9 million for the second quarter of fiscal 2012 from US$1.0 million in the same period last year. The increase was a result of increased revenue in courseware production services, offline business start-up training courses provided by Zhengbao Yucai and other offline supplementary training courses. Such increase was partially offset by decreased revenue from magazine content production services.

Cost of Sales. Cost of sales from continuing operations for the second quarter of fiscal 2012 was US$5.32 million, representing a 23.0% increase over the second quarter of fiscal 2011. Non-GAAP(1) cost of sales from continuing operations for the second quarter of fiscal 2012 was US$5.31 million, an increase of 32.7% over the same period last year. The increase in cost of sales was primarily due to the increased salaries and related expenses, and lecturer fees. Such increase was partially offset by decreased cost of books and reference materials.

Gross Profit and Gross Margin. Gross profit from continuing operations for the second quarter of fiscal 2012 was US$7.02 million, representing a 49.3% increase from US$4.7 million in the same period last year. Non-GAAP(1) gross profit from continuing operations was US$7.03 million, an increase of 39.9% year-over-year. Gross profit margin from continuing operations for the second quarter of fiscal 2012 was 56.9%, compared to 52.1% in the second quarter of fiscal 2011. Non-GAAP(1) gross profit margin from continuing operations for the second quarter of fiscal 2012 expanded to 57.0%, compared to 55.7% in the same period last year as we continue to leverage on our highly scalable online revenue model.

Operating Expenses. Total operating expenses from continuing operations for the second quarter of fiscal 2012 were US$3.8 million, a decrease of 13.3% year-over-year. Non-GAAP(1) operating expenses from continuing operations were US$3.7 million, representing a year-over-year decrease of 2.2%.

Selling expenses from continuing operations amounted to US$1.72 million for the second quarter of fiscal 2012, representing a 11.9% decrease year-over-year. Non-GAAP(1) selling expenses from continuing operations were US$1.71 million, a 7.2% decrease from the same period last year primarily as a result of decreased advertising and promotional activities and commissions to our agents as we continue to refine the collaboration model with our online distribution partners. Such decrease was partially offset by increased salaries and related expenses.

General and administrative expenses from continuing operations were US$2.1 million in the second quarter of fiscal 2012, representing a 14.4% decrease year-over-year. Non-GAAP(1) general and administrative expenses from continuing operations were US$2.0 million, an increase of 2.5% year-over-year primarily due to increased salaries and related expenses. Such increase was partially offset by decreased professional fees.

Income Tax Expenses. Income tax expenses for the second quarter of fiscal 2012 were US$0.7 million, compared with US$0.1 million in the same period last year.

Net Income from continuing operations attributable to China Distance Education Holdings Limited. Net income from continuing operations was US$2.8 million for the second quarter of fiscal 2012, compared to net income from continuing operations of US$0.5 million in the same period last year. Non-GAAP(1) net income from continuing operations for the second quarter of fiscal 2012 was US$2.9 million, compared to non-GAAP(1) net income from continuing operations of US$1.4 million in the same period last year.

Net Income (Loss) from discontinued operations attributable to China Distance Education Holdings Limited. Net income from discontinued operations was US$0.02 million for the second quarter of fiscal 2012, compared to net loss from discontinued operations of US$0.01 million in the same period last year.

Net Income. Net income was US$2.8 million for the second quarter of fiscal 2012, compared to net income of US$0.4 million in the same period last year. Non-GAAP(1) net income for the second quarter of fiscal 2012 was US$2.9 million, compared to non-GAAP net income of US$1.4 million in the same period last year.

Operating Cash Flow. Net operating cash inflow for the second quarter of fiscal 2012 was US$4.8 million, compared to a net operating cash inflow of US$2.7 million in the same period last year. The increase was primarily the result of increased profit generated in the quarter, decrease in accounts receivable and deferred cost, increase in income tax payable, and higher deferred revenue and refundable fees balance resulted primarily from increased payments by our students to obtain our courses. Such increase was partially offset by increase in prepayment and other current assets, and inventories.

Cash and Cash Equivalents, Term Deposits and Restricted Cash. Cash and cash equivalents, term deposits and restricted cash as of March 31, 2012 increased to US$54.5 million from US$49.7 million as of December 31, 2011 primarily due to US$4.8 million of operating cash flow generated from operations in the quarter, partially offset by US$0.5 million of capital expenditures.

Third Quarter Fiscal 2012 Guidance ???? The Company expects to generate total net revenues from continuing operations for the third quarter of fiscal 2012 in the range of US$12.3 million to US$13.3 million, as compared to net revenues from continuing operations of US$12.1 million in the third quarter of fiscal 2011, representing a 2% to 10% year-over-year increase. This represents our current and preliminary view, which is subject to change.

(1) For more information about the non-GAAP financial measures contained in this press release, please see ?Use of Non-GAAP Financial Measures? below
Conference Call

China Distance Education Holdings Limited senior management will host a conference call at 8:00 am (Eastern) / 5:00 am (Pacific) / 8:00 pm (Beijing/Hong Kong) on May 17, 2012 to discuss its second fiscal quarter 2012 financial results and recent business activity. The conference call may be accessed by calling +1 866 519 4004 (US), 800 930 346 (Hong Kong), 800 819 0121 (China Land-line), 400 620 8038 (China Mobile), or 0 808 234 6646 (UK). The pass code is CDEL.

A telephone replay will be available shortly after the call until May 24, 2012 at +1 866 214 5335 (US), 800 901 596 (Hong Kong), 10 800 714 0386 (China North), 10 800 140 0386 (China South), or 0 800 731 7846 (UK). The Pass code is 76311305.

A live webcast of the conference call and replay will be available on the investor relations page of China Distance Education Holdings Limited?s website at:

http://ir.cdeledu.com/versions/Financials_en/EarningsAnnouncements_en.html

About China Distance Education Holdings Limited

China Distance Education Holdings Limited is a leading provider of online education in China focusing on professional education. The courses offered by the Company through its websites are designed to help professionals and other course participants obtain and maintain the skills, licenses and certifications necessary to pursue careers in China in the areas of accounting, law, healthcare, construction engineering, and other industries. The Company also offers online test preparation courses to self-taught learners pursuing higher education diplomas or degrees and to secondary school and college students preparing for various academic and entrance exams. In addition, the Company offers online foreign language courses and offline business start-up training courses. For further information please visit http://ir.cdeledu.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the ?safe harbor? provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as ?will,? ?may,? ?should,? ?potential,? ?continue,? ?expect,? ?anticipate,? ?future,? ?intend,? ?plan,? ?believe,? ?is/are likely to,? ?estimate? and similar statements. Among other things, the outlook for the third quarter of the fiscal year 2012 and the quotations from management in this announcement, the impact on us of the delayed timing of the APQE and CPA exams, as well as the Company?s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the SEC in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company?s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our goals and growth strategies; our future prospects and market acceptance of our online and offline courses and other products and services; our future business development and results of operations; projected revenues, profits, earnings and other estimated financial information; projected enrollment numbers; our plans to expand and enhance our online and offline courses and other products and services; competition in the education and test preparation markets; and Chinese laws, regulations and policies, including those applicable to the Internet and Internet content providers, the education and telecommunications industries, mergers and acquisitions, taxation and foreign exchange.

Further information regarding these and other risks is included in the Company?s annual report on Form 20-F and other documents filed with the SEC. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release.

Statement Regarding Unaudited Financial Information

The unaudited financial information set forth above is preliminary and subject to adjustments. Adjustments to the financial statements may be identified when audit work is performed for the year-end audit, which could result in significant differences from this preliminary unaudited financial information.

Use of Non-GAAP Financial Measures

To supplement the Company?s consolidated financial results presented in accordance with U.S. generally accepted accounting principles, or GAAP, the Company uses the following measures defined as non-GAAP financial measures: non-GAAP net income, operating income, gross profit, cost of sales, selling expenses, general and administrative expenses, net income margin, operating margin, gross profit margin and basic and diluted earnings per ADS and per share. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the table captioned ?Reconciliations of non-GAAP measures to comparable GAAP measures? set forth at the end of this release.

The Company believes that these non-GAAP financial measures provide meaningful supplemental information regarding its performance and liquidity by excluding share-based compensation expenses that may not be indicative of its operating performance from a cash perspective. The Company believes that both management and investors benefit from these non-GAAP financial measures in assessing its performance and when planning and forecasting future periods. These non-GAAP financial measures also facilitate management?s internal comparisons to the Company?s historical performance and liquidity. The Company computes its non-GAAP financial measures using the same consistent method from quarter to quarter. The Company believes these non-GAAP financial measures are useful to investors in allowing for greater transparency with respect to supplemental information used by management in its financial and operational decision making. A limitation of excluding share-based compensation expenses from the above-mentioned line items and presenting these non-GAAP measures is that such charges may continue to be for the foreseeable future a significant recurring expense in our business. Management compensates for this limitation by providing specific information regarding the GAAP amounts excluded from each non-GAAP measure. The accompanying table at the end of this release provides more detail on the reconciliations between GAAP financial measures that are most directly comparable to non-GAAP financial measures.

Contacts:

China Distance Education Holdings LimitedLingling Kong, IR managerTel: +86-10-8231-9999 ext1805Email: IR@cdeledu.com Investor Relations (HK):Mahmoud Siddig, Managing DirectorTaylor RaffertyTel: +852 3196 3712Email: cdel@taylor-rafferty.com
Financial Tables Follow

China Distance Education Holdings Limited
Consolidated Balance Sheets
(in thousands of US Dollars, except number of shares and per share data)

September 30, 2011
March 31, 2012

(Derived from audited)
(Unaudited)
Assets:

Current assets:

Cash and cash equivalents49,738
46,459

Term deposit7,839
7,940

Restricted cash2,676
90

Accounts receivable, net of allowance for doubtful accounts of US$3,190
and US$3,250 as of September 30, 2011 and March 31, 2012, respectively 4,661
3,435

Inventories363
692

Prepayment and other current assets2,861
3,878

Deferred tax assets, current portion1,556
1,555

Deferred cost1,868
1,533

Current assets of discontinued operations2,306
1,649

Total current assets73,868
67,231

Non-current assets:

Property, plant and equipment, net8,586
8,791

Goodwill7,403
7,496

Other intangible assets, net2,382
1,993

Deposit for purchase of non-current assets 242
217

Long term loan to employees-
3,918

Deferred tax assets, non-current portion668
611

Other non-current assets729
968

Total non-current assets20,010
23,994

Total assets93,878
91,225

Liabilities and equity:

Current liabilities:

Accrued expenses and other liabilities (including accrued expenses
and other liabilities of the consolidated VIE without recourse to China
Distance Education Holdings Limited of US$5,738 and US$6,877 as of
September 30, 2011 and March 31, 2012, respectively)6,514
7,625

Dividend payable (including dividend payable of the consolidated VIE without
recourse to China Distance Education Holdings Limited of nil and nil as of
September 30, 2011 and March 31, 2012, respectively)-
348

Income tax payable (including income tax payable of the consolidated VIE
without recourse to China Distance Education Holdings Limited of US$2,170
and US$2,314 as of September 30, 2011 and March 31, 2012, respectively)2,329
2,212

Deferred revenue (including deferred revenue of the consolidated VIE without
recourse to China Distance Education Holdings Limited of US$7,848 and
US$13,553 as of September 30, 2011 and March 31, 2012, respectively)7,861
13,555

Refundable fees (including refundable fees of the consolidated VIE without
recourse to China Distance Education Holdings Limited of US$2,580 and
US$2,222 as of September 30, 2011 and March 31, 2012, respectively)2,580
2,222

Current liabilities of discontinued operations (including current liabilities of
discontinued operations of the consolidated VIE without recourse to China
Distance Education Holdings Limited of US$1,860 and US$945 as of September
30, 2011 and March 31, 2012, respectively)1,860
945

Total current liabilities21,144
26,907

Total liabilities21,144
26,907

Equity:

Ordinary shares (par value of US$0.0001 per share at September 30, 2011 and
March 31, 2012, respectively; Authorized ? 480,000,000 shares at September 30,
2011 and March 31, 2012; Issued and outstanding ? 127,800,673 and 135,557,585
shares at September 30, 2011 and March 31, 2012, respectively)13
14

Additional paid-in capital78,804
66,669

Accumulated other comprehensive income4,221
4,770

Cumulative deficits(10,304)
(7,135)

Total China Distance Education Holdings Limited shareholders? equity72,734
64,318

Total equity72,734
64,318

Total liabilities and equity93,878
91,225

China Distance Education Holdings Limited
Unaudited Consolidated Statements Of Operations
(in thousands of US dollars, except number of shares, per share and per ADS data)

Three Months Ended March 31,

2011
2012

Sales, net of business tax, value-added tax and related surcharges:

Online education services6,747
9,202

Books and reference materials1,285
1,280

Others993
1,853

Total net revenues9,025
12,335

Cost of sales

Cost of services(3,586)
(4,683)

Cost of tangible goods sold(739)
(637)

Total cost of sales(4,325)
(5,320)

Gross profit4,700
7,015

Operating expenses

Selling expenses(1,948)
(1,717)

General and administrative expenses (2,422)
(2,073)

Total operating expenses(4,370)
(3,790)
Other operating income2
-

Operating income 332
3,225

Interest income198
229
Exchange loss(26)
(16)

Income before income taxes504
3,438
Less: Income tax expense(101)
(658)
Net income from continuing operations403
2,780
Net loss of continuing operations attributable to noncontrolling interest58
-

Net income from continuing operations attributable to China Distance Education
Holdings Limited461
2,780

Net income (loss) from discontinued operations attributable to China Distance Education Holdings
Limited, net of tax(12)
21

Net income attributable to China Distance Education Holdings Limited 449
2,801
Net income (loss) per share:

Net income (loss) attributable to China Distance Education Holdings Limited shareholders

Basic from continuing operations0.003
0.021

Basic from discontinued operations(0.000)
0.000

Basic0.003
0.021

Diluted from continuing operations0.003
0.021

Diluted from discontinued operations(0.000)
0.000

Diluted0.003
0.021
Net income (loss) per ADS:

Net income (loss) attributable to China Distance Education Holdings Limited shareholders

Basic from continuing operations0.013
0.082

Basic from discontinued operations(0.000)
0.001

Basic0.013
0.083

Diluted from continuing operations0.013
0.082

Diluted from discontinued operations(0.000)
0.000

Diluted0.013
0.082

Weighted average shares used in calculating net income (loss) per share:

Basic 136,461,653
135,562,521

Diluted 136,555,042
136,024,388

China Distance Education Holdings Limited
Unaudited Reconciliation of non-GAAP measures to comparable GAAP measures from continuing operations
(In thousands of US Dollars, except number of shares, per share and per ADS data)

Three Months Ended March 31,

2011
2012

Cost of sales
4,325
5,320
Share-based compensation expense in cost of sales
325
13
Non-GAAP cost of sales
4,000
5,307

Selling expenses
1,948
1,717
Share-based compensation expense in selling expenses
108
10
Non-GAAP selling expenses
1,840
1,707

General and administrative expenses
2,422
2,073
Share-based compensation expense in general and administrative expenses
479
81
Non-GAAP general and administrative expenses
1,943
1,992

Gross profit
4,700
7,015
Share-based compensation expenses
325
13
Non-GAAP gross profit
5,025
7,028

Gross profit margin
52.1%
56.9%
Non-GAAP gross profit margin
55.7%
57.0%

Operating income
332
3,225
Share-based compensation expenses
912
104
Non-GAAP operating income
1,244
3,329

Operating margin
3.7%.
26.1%
Non-GAAP operating margin
13.8%
27.0%

Net income attributable to China Distance Education Holdings Limited
461
2,780
Share-based compensation expenses
912
104
Non-GAAP net income attributable to China Distance Education Holdings Limited
1,373
2,884

Net income margin attributable to China Distance Education Holdings Limited
5.1%
22.5%
Non-GAAP net income margin attributable to China Distance Education Holdings Limited
15.2%
23.4%

Net income per share????basic
0.003
0.021
Net income per share????diluted
0.003
0.021
Non-GAAP net income per share????basic
0.010
0.021
Non-GAAP net income per share????diluted
0.010
0.021

Net income per ADS attributable to China Distance Education Holdings Limited shareholders????basic (note 1)
0.013
0.082
Net income per ADS attributable to China Distance Education Holdings Limited shareholders????diluted (note 1)
0.013
0.082
Non-GAAP net income per ADS attributable to China Distance Education Holdings Limited shareholders????basic (note 1)
0.040
0.085
Non-GAAP net income per ADS attributable to China Distance Education Holdings Limited shareholders????diluted (note 1)
0.040
0.085

Weighted average shares used in calculating basic net income per share
136,461,653
135,562,521
Weighted average shares used in calculating diluted net income per share
136,555,042
136,024,388
Weighted average shares used in calculating basic non-GAAP net income per share
136,461,653
135,562,521
Weighted average shares used in calculating diluted non-GAAP net income per share
136,555,042
136,024,388

Note 1: Each ADS represents four ordinary shares

trans siberian orchestra trans siberian orchestra little big town little big town bennett bennett daniel day lewis

casalesharen19

Raw's 1000th episode Celebration

Already the longest running weekly episodic TV program in history, Raw celebrates its monumental 1,000th episode on July 23 on USA Network.

To honor this historic event, WWE.com is the destination for celebrating this TV milestone, including weekly interviews, lists, features and much more ? not to mention an astounding 1,000 photos and 1,000 videos!

The multimedia celebration kicks off today with with the first 100 photos and videos, showcasing episodes of Raw through the years:

100 PHOTOS?| 100 VIDEOS: PLAYLIST 1 |?PLAYLIST 2 |?PLAYLIST 3 | PLAYLIST 4

As Raw?s 1,000th episode draws near, stay with WWE.com for more weekly photos, videos and exclusive content you won?t find anywhere else.

View Comments

hope solo texas high school football fugazi fugazi indiana jones and the last crusade nba lockout dramamine

casalesharen19

Google first teased live tab syncing in Chrome 19 beta, and it's now available for all of us who tread the safer path of Stable releases. If you weren't living on the bleeding edge for long enough to try the syncing early, you'll be glad to know that it lets you see and quickly sync all the tabs that are open on any device signed into your Google account. That includes your phone or tablet, if you've got Android 4.0 and the Chrome for Android beta loaded up. Like with the beta, though, you'll have to cool your jets if you were hoping to get live syncing right away: Chrome 19 Stable is pushing automatically over the next few days, but tab syncing will take weeks to be ready for everybody.

Continue reading Google Chrome 19 Stable arrives, shares live tabs across your computers and phones (video)

Google Chrome 19 Stable arrives, shares live tabs across your computers and phones (video) originally appeared on Engadget on Tue, 15 May 2012 12:01:00 EDT. Please see our terms for use of feeds.

Permalink

Google Chrome Blog | source

Google Chrome | Email this | Comments

lindsay lohan snl lindsay lohan on snl real housewives of disney awakenings phantom of the opera agoraphobia andrew lloyd webber

casalesharen19

By Barbra Murray, Contributing Editor

It?s not every day that a company can get its hands on 9,500 apartment units in one fell swoop, but Gaia Real Estate and an affiliate of Starwood Capital Group have done just that. Through the $22.5 million recapitalization of PJ Finance Co., Gaia and Starwood Capital can now claim ownership of a portfolio of 32 multifamily properties located primarily in major cities in the Sunbelt region.

The deal did not just fall into the new owners? hands. The group of assets was essentially made available for bidding as part of PJ?s $500 million debt restructuring following the company?s Chapter 11 bankruptcy protection filing in March 2011. According to DLA Piper, which represented PJ in the restructuring, Gaia and Starwood Capital came out on top ?following a highly competitive auction process.?

And this isn?t PJ?s first recapitalization effort. The company had recapitalized the portfolio with more than $540 million of securitized debt in 2006, just five years after having acquired the assets. PJ ultimately fell victim to lackluster occupancy levels ? as low as 72 percent at times ? limited cash flow and the credit crunch. The company was compelled to take more than 1,700 units offline. However, as it emerges from bankruptcy with two new partners, it?s a new day for PJ and its portfolio.

The majority of the properties, approximately 45 percent, can be found in Dallas, and another 19 percent of the group is located in Phoenix. Sixteen percent of the portfolio is equally distributed between Atlanta and Houston. Fort Lauderdale, Fla., and Corpus Christi, Tex., are home to a respective 7 and 6 percent of the assets. A five percent chunk of the group is in Nashville, and the remaining 3 percent segment is in Orlando. Now, all 32 apartment communities have reemerged refreshed and renewed. PJ was able to re-invest $14 million into the properties while in Chapter 11, and the company has since brought back online approximately 1,000 of the 1,700 units it had taken out of the rotation during the darker days. Currently, the portfolio boasts an occupancy level of approximately 90 percent.

And there?s more to come. Gaia and Starwood Capital?s investment will help lay the groundwork for greater stabilization through renovations and maintenance. Additionally, the new partners plan to shell out $45 million on a capital improvement program that will transpire over the next eight years.

?We are excited to partner with Gaia to unlock all the substantial upside potential in these attractive assets,? Chris Graham, Managing Director of Starwood Capital, said. ?We believe the structure of this investment is quite unique, and allows us to maximize the value of the portfolio with very little downside risk.?

Islam, democracy, and capitalism

Turkey has shown how Islam and democracy and capitalism can cooexist peacefully, Babacan said.?

?When people observe a functioning example, people are more encouraged to ask for more in their own countries,? he said. ?We have been talking with leaders: Change is coming, you can no longer have a closed regime with an open society ??satellites, social media, the Internet ??you have this kind, this kind of society moving forward and you are running this closed regime, this is not sustainable, this cannot continue.?

?We have advised these leaders to lead this change, or you will be pushed by change anyway,? he said. ?

Babacan addressed several of the long-running disputes in the region, such as the Israeli-Palestinian impasse, the status of the split island of Cyprus, and the violence in neighboring Syria. He said Turkey was strongly supportive of the six-point peace plan pushed by former United Nations Secretary General Kofi Annan, but he said Turkey was strongly against any sort of military intervention or sending weapons to the embattled Syrian opposition forces.

He also said the Syrian opposition is coalescing into a viable alternative to the regime of Syrian President Bashar al-Assad.

?We need to see visible, verifiable, and indisputable change in the country,? he said. ?The primary responsibility to end the violence will rest with the Syrian regime.?

jason smith jon corzine austin rivers austin rivers sweet home alabama etch a sketch the host

Sunday, May 20, 2012

Saturday, May 19, 2012

Friday, May 18, 2012