Wednesday, July 31, 2013

Apple-supplier Pegatron violates China workers? rights: China Labor Watch

BEIJING (Reuters) ? Pegatron Corp, a Taiwanese company that makes Apple Inc products, is violating workers? rights at its Chinese factories in Shanghai and Suzhou, New York-based rights group China Labor Watch said in a report on Monday.

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Source: http://yesbuthowever.com/apple-supplier-pegatron-violates-china-workers-rights-china-labor-watch-2/

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Thursday, July 11, 2013

What WD-40 Can Tell You About the World ... - Yahoo! Finance

Forget Alcoa (AA) if you haven't already. Brian Sozzi of Belus Capital Advisors says WD-40 Company (WDFC) - the company that makes the market leading industrial machinery lubricant- is where investors should go if they're looking for a good "tell" for the global economy. It's also an extremely well-run operation making them a more reliable indicator of demand and industrial activity.

Related: Is Alcoa Really the Earnings Season Bellwether?

Based off what we've seen today from WD-40 the world isn't in such horrible shape. For its fiscal third-quarter WDFC reported net earnings of 66-cents on revenues of $93.1 million. The Street was expecting 56-cents on revenue of $89.5 million. For the full year WD40 expects to earn $2.40 to $2.48 versus estimates of $2.39. Shares of WDFC are nearly 30% higher for 2013 so far.

All of which is good news for shareholders but what Sozzi really likes about the company is that their balanced exposure to world markets and wide array of applications for its core product means WD-40 has its finger on the pulse of almost any line of business.

For the quarter just ended the company got 51% of its revenues from the Americas, 35% via Europe and the rest from China.

"This is on-demand stuff," explains Sozzi in the attached video. If you're machines are sitting idle you don't need more lubricants. On the other hand if you're getting new orders "you're going to have to go out and buy your WD-40 to make sure you're machines operate."

For the record WD-40 management is seeing mediocre growth in the U.S., mild weakness in China and some signs of life in Europe. Just because it's a great "tell" doesn't mean WD-40 always says something radically different than conventional wisdom.

More from Breakout:

This Month in Market History: A Look at the Great Depression Low

Boardroom Thriller! Is Barnes & Noble Killing the Nook to Save the Stores?

Time to Sell? Downside Risks Are Rising for U.S. Stocks, Says Dempsey

Source: http://finance.yahoo.com/blogs/breakout/wd-40-tell-world-112538228.html

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GOOD MORNING CINCINNATI FACEBOOK QUESTION OF THE DAY: It's that time of year, wh...

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Source: http://www.facebook.com/WKRCTV/posts/10152279177931992

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Thomas Tull Moves Legendary Deal to NBCUniversal

By Sharon Waxman

LOS ANGELES (TheWrap.com) - NBCUniversal has closed its deal to partner with Thomas Tull's Legendary Pictures, sealing a pact-in-the-making first reported by TheWrap last month, according to an individual with knowledge of the deal.

Tull had been meeting with rival studios in the past weeks following months of tension with executives at Warner Bros. The move ends a highly lucrative, eight-year partnership with Warner Bros. and leaves the major studio without one of its leading financial and production partners.

The news was confirmed at an awkward time, as Tull was on the red carpet at the premiere of "Pacific Rim," a film Legendary produced and that Warner Bros. was distributing as part of their partnership.

NBCU CEO Steve Burke had been deeply involved in the negotiations to bring Tull to Universal, according to multiple individuals. Tull was seeking a partner who could leverage multiple media assets - not just a movie studio, but a theme park and a television and cable network. NBCU has all of those assets.

Lionsgate and Fox were the other lead studios in the running when TheWrap reported that NBCU was likely to close the deal last month. The deal was completed on Tuesday and expected to be announced first thing on Wednesday.

Legendary and Warner Bros.' eight-year partnership has been a Hollywood success story that has included major films such as the "Hangover" series and the blockbuster Batman franchise -- the crown jewel of their partnership. But the relationship soured largely over tension between Tull and then-studio-chief Jeff Robinov, a story that TheWrap broke in February of this year.

Ironically, Robinov has since exited the studio, but the damage had already been done. Tull felt slighted by the way he was treated on the lot, a situation that the new Warner Bros. CEO Kevin Tsujihara had tried to repair, unsuccessfully.

On June 23, TheWrap reported that Universal was in lead position to take Tull's money and fanboy expertise.

Tull is expected not merely to cofinance movies with Universal, but to use the studio to distribute his fully-financed movies. In addition, Tull has recently launched a television business, and hired the former Warner Bros. television chief Bruce Rosenblum to run it. He will be able to funnel his television content through the NBC network and its huge cable properties, including USA and SyFy.

Source: http://news.yahoo.com/thomas-tull-moves-legendary-deal-nbcuniversal-003523970.html

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Sunday, July 7, 2013

Harmony Ultimate and Smart Hub review: Logitech outdoes itself with new remotes

Harmony Ultimate and Smart Hub review: Logitech outdoes itself with new remotes

Until now, Logitech's Harmony line has been the name in programmable remotes. Now the company's back with three follow-up products, and they differ enough from earlier models to warrant an explanation. Instead of using a programmable IR remote, the Harmony Ultimate, Harmony Smart Control and Harmony Ultimate Hub each offload the IR-emitting duties to a networked device, allowing smartphones and tablets to act as remotes too. Additionally, the Hub uses Bluetooth to control your game console. Ranging in price from $99 to $349, the lineup covers almost every budget, with the Hub sold as a standalone accessory for smartphones and tablets. Meanwhile, the Smart Control includes a simple remote, and the high-end Ultimate Hub swaps a basic remote for the Harmony Touch. How exactly might these enhance your home theater enjoyment? Read on to find out.

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Source: http://www.engadget.com/2013/07/05/logitech-harmony-ultimate-smart-hub-review/?utm_medium=feed&utm_source=Feed_Classic&utm_campaign=Engadget

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Friday, June 28, 2013

Google reportedly working on Android-powered watch, game console and next-gen Nexus Q

Google Nexus Q

Self-branded hardware could showcase features of the latest version of Android made for more than just phones

Google is concurrently working on three new self-branded Android devices to expand its reach into new market segments, if current rumors are to be believed. According to sources of The Wall Street Journal, Google is currently developing an Android-powered watch, home gaming console and also a successor to the failed Nexus Q media streamer. At least one of the products, WSJ sources report, will be launched to consumers by the end of this year.

The purported Google smart watch will (as expected) pair to a user's phone over Bluetooth, much like Google Glass currently does, but details beyond this are murky. They certainly aren't the only ones looking at watches though -- Samsung has expressed interest in making a smart watch-style device previously, and Sony has even released products to consumers in the category.

As for the expected refresh to the Nexus Q, reports are that the new version will be much less expensive (remember the original Nexus Q had a sticker price of $299), and as was the case with the first iteration be a portal for Google to sell more content such as music and movies through Google Play. No surprises there, but it helps calm some worries that nearly all functionality in the current Nexus Q has been lost through app updates.

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Source: http://feedproxy.google.com/~r/androidcentral/~3/3sEmXDWjKLo/story01.htm

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Ancient Elephants Grazed Before They Had Teeth for It

Ancient elephants switched from eating primarily leaves and shrubs to feeding on grass several million years before their teeth were fully adapted for grazing, according to a new study.

The findings indicate that as the ancestors to modern elephants evolved, anatomical changes significantly lagged behind habitat and behavioral adaptations, said Adrian Lister, a paleontologist at the Natural History Museum in London, England.

"It only makes sense that behavior is a powerful driver of evolution, and that by taking the behavioral step to eat grass, it imposes the selection pressure for the right kind of teeth," Lister told LiveScience. "The idea has been around for around 100 years, but there have been few demonstrated examples. This is the first example from the fossil record."

About 10 million years ago, during a time period known as the Miocene epoch, the east African climate became dryer and cooler, prompting the gradual spread of grasslands over areas that were once heavily forested. [In Photos: Mammals Through Time]

"What we find with a lot of mammal groups is that some species switched their diets," Lister said. "During this time, the earliest true elephants went from what we describe as 'browsers,' which eat mostly leaves from trees and shrubs, to what we call 'grazers,' which mostly eat grass."

Lister used data that looked for specific chemical signatures in the fossilized teeth of ancient elephants in east Africa. As animals' teeth grow and form, chemical traces of food and water become locked into the enamel, which enable paleontologists to determine the diets of extinct animals.

By studying these fossilized teeth, Lister noticed that the change in feeding behavior occurred about 7 million years ago, which is about 3 million years before corresponding anatomical changes ? evident in the structure and shape of the teeth ? can be found in the fossil record.

Since grass is tougher to eat than leafy greens, grazing animals tend to have higher-crowned teeth with more enamel ridges, Lister said. This is because grazers tend to pick up more grit from the soil, which can wear teeth down

"We don't see this change in crown height until about 4 million years ago, so there's a lag of several million years," Lister said. "Even with the wrong teeth for it, by starting to eat grass as food, these animals were imposing a lot of selective pressure. But, it required the behavioral change first."

While Lister is still unsure why the gap between the behavioral and anatomical changes is so great, he hopes future studies will be able to unearth more clues.

"The reason for the lag is not completely and satisfactorily explained," Lister said. "What I was hoping to do with this paper is show the kind of data that we can put together to answer these types of questions. We can see whether behaviors drive the evolutionary process, which, in my opinion, has been sidelined in evolutionary biology. Now, because we have the means to look at it directly in the fossil record, we can try looking for it."

Detailed results of the study were published online today (June 26) in the journal Nature.

Follow Denise Chow on Twitter @denisechow. Follow LiveScience @livescience, Facebook?& Google+. Original article on?LiveScience.com.

Copyright 2013 LiveScience, a TechMediaNetwork company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Source: http://news.yahoo.com/ancient-elephants-grazed-had-teeth-174529583.html

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