Source: http://yesbuthowever.com/apple-supplier-pegatron-violates-china-workers-rights-china-labor-watch-2/
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Wednesday, July 31, 2013
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.
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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
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.
Filed under: Home Entertainment, HD
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