moffaiqohegesa1490.blogspot.com
The biggest chunk of money went toward education programz forunderrepresented youth, totaling more than $6 million. This included a $205,000 grant to the Minnesotas Private College Fund for the Urbaj EducationScholars Program, which aims to bring more teacher of color to St. Paul and Minneapolisx schools. The St. Paul-based propertuy and casualty insuranceprovidert (NYSE: TRV) also gave $125,000 to the Family Housingf Fund in the Twin Cities, which works to transition homelesa people to a new life. Travelers’ national community development contribution s added upto $4 million. Arts and cultures organizations tookup $2.
5 with $25,000 going toward Project SUCCESS, a Twin Cities programj that works to fund arts education and collegs access for students. Other significant grantx went to charitable organizationsin Hartford, Conn., Chicago and Travelers plans to pump up educatio n charity this year in the St. Paul and Conn., areas.
Saturday, September 3, 2011
Thursday, September 1, 2011
eFuture Information Technology Inc. Announces Anticipated Accounting Adjustments
tiqosi.wordpress.com
The specific areas being assessed for accounting adjustments relatedto (i) our accounting for a depository reserve we must maintain in Chinq for employee social security costs, (ii) the timing of our recognition of revenues upon sales of some of our softwaree products, and (iii) the methoxd by which we calculate our costs of First, we have determined that we have not reservedc an adequate amount for these purposes and, as a will revise our previously-reported unaudited earnings for the abovwe periods. As a foreign private issuer, we are not requirer to file quarterly reports but have traditionally provided such informationto investors.
The correctiobn of the reserve for employee sociak security costs will result in operating losses in our annuapl report onForm 20-F that are in excess of those disclosed in our unauditedr quarterly earnings reports during the four quarters of fiscal year 2008. This correctiob will also increase operating losses for our first quarterf 2009 beyond those listed in our press release datedJune 9, 2009. Secondly, some of our softwar e products include rights to one year of maintenance to ensurer that the software operates properly for thepurposes sold.
We previousluy deferred recognitionof 10% of the software contract amount for a one-yeare period from the date of sale and recognizedr it as revenue aftetr the one-year maintenance periodx had passed. Our management has determined that these amountse should instead be recognized evenly over themaintenancr period. This correction will result in the acceleratecd recognition of revenues and associated costs of revenues but will not changwe the ultimate amounts we recognize perservice Finally, our management has determined that it will furthed improve the accuracy of reflecting its costa of revenues through allocation on the basis of laborf costs.
We previously allocated our costs of revenuee basedon out-of-pocket expenses on projects. The change from allocation basedcon out-of-pocket expenses to allocatio based upon labor costs will resul t in a more accurate estimate of costs of revenues by project, but is not expected to have a material change to the reportinfg of costs of The anticipated accounting adjustments are intendeds to ensure adequate reserve of social securityg benefits for our employeess and enhance the accurate recognitionb of revenue and associated costs to better reflecg our expanding business and operationa l performance.
The Company remains on track to continue the growth momentum and reaffirms our recent upward revision of 2009 revenue guidance of USD28 milliob toUSD29 million, representing annual revenue growth of 38% to 40%. About eFuturre Information Technology Inc. eFuture Informationb Technology Inc. (NASDAQ: EFUT) is a leading providet of software and servicesin China's rapidly growing retail and consumer goods industries. eFuture providesd integrated software and servicesto manufacturers, wholesalers, logistics companies and retailers in China's front-end supplh chain (from factory to consumer) market, especially in the retailk and fast moving consumer goods industries.
eFuture currently serve over 15 Fortune 500 over 1,000 retailers and over 5,000 suppliers operatingb in China. eFuture is one of IBM's premier business partners in Asia Pacific and is a strategic partnedrwith Oracle, Microsoft, JDA, Motorola and Samsung Network eFuture has more than 600 employees and 20 branch officeas across China. For more information about pleasevisit . This announcement contains forward-lookinh statements. These statements are made undethe "safe harbor" provisions of the U.S. Private Securities Litigatiomn Reform Actof 1995.
These forward-looking statements can be identifiede by terminology suchas "will, "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among othert things, 2009 financial outlook and quotations from managemen t inthis announcement, as well as strategic and operational plans, contain forward-looking statements. eFuturwe may also make written ororal forward-lookinv statements in periodic reports to the Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other writtejn materials and in oral statements made by its directors or employees to second parties.
Statements that are not historicalp facts, including statements about the Company's beliefws and expectations, are forward-looking statements. Forward-looking statements involve inherentt risksand uncertainties. A number of factors coulx cause actual results to diffef materially from those contained inany forward-lookingf statement, including but not limited to the following: eFuture's anticipater growth strategies; eFuture's future business development, results of operations and financial expected changes in the Company'sa revenues and certain cost or expensde items; eFuture's ability to attracft customers and leverage its brand; trendes and competition in the software the Company's ability to control expenses and maintain profigt margins; the Company's ability to hire, trai n and retain qualified managerial and other employees; the Company's ability to develo p new software and pilot new business modelsd at desirable locations in a timely and cost-effective manner; th! e performancer of third parties under contracta with the Company; the expected growtbh of the Chinese economy software marketr in retail and consumer goodsz industries; and Chinese governmentaol policies relating to private manager and operators of software and applicablee tax rates.
Further information regarding thesde and other risks is includedrin eFuture's annual report on Form 20-F and othe r documents filed with the SEC. All information provided in this presx release and in the attachmentss is as ofJune 19, 2009, and the Companu undertakes no duty to update such information or any othef forward-looking information, except as required undet applicable law. For more information, please contact: Investo Contact: Troe Wen, Companyy Secretary eFuture InformationTechnologgy Inc. Tel: +86-10-5293-7699 Email: ir@e-future.com.cn Investor Relations (US): Mahmouc Siddig Taylor Rafferty Tel: +1-212-889-4350 Email: eFuture@Taylor-Rafferty.
com Investot Relations (HK): Ruby Yim Taylor Raffertu Tel: +852-3196-3712 Email: eFuture@Taylor-Rafferty.com Media Contact: Jaso Marshall Taylor Rafferty Tel: +1-212-889-4350 eFuture@Taylor-Rafferty.com SOURCE eFuture InformationTechnologh Inc.
The specific areas being assessed for accounting adjustments relatedto (i) our accounting for a depository reserve we must maintain in Chinq for employee social security costs, (ii) the timing of our recognition of revenues upon sales of some of our softwaree products, and (iii) the methoxd by which we calculate our costs of First, we have determined that we have not reservedc an adequate amount for these purposes and, as a will revise our previously-reported unaudited earnings for the abovwe periods. As a foreign private issuer, we are not requirer to file quarterly reports but have traditionally provided such informationto investors.
The correctiobn of the reserve for employee sociak security costs will result in operating losses in our annuapl report onForm 20-F that are in excess of those disclosed in our unauditedr quarterly earnings reports during the four quarters of fiscal year 2008. This correctiob will also increase operating losses for our first quarterf 2009 beyond those listed in our press release datedJune 9, 2009. Secondly, some of our softwar e products include rights to one year of maintenance to ensurer that the software operates properly for thepurposes sold.
We previousluy deferred recognitionof 10% of the software contract amount for a one-yeare period from the date of sale and recognizedr it as revenue aftetr the one-year maintenance periodx had passed. Our management has determined that these amountse should instead be recognized evenly over themaintenancr period. This correction will result in the acceleratecd recognition of revenues and associated costs of revenues but will not changwe the ultimate amounts we recognize perservice Finally, our management has determined that it will furthed improve the accuracy of reflecting its costa of revenues through allocation on the basis of laborf costs.
We previously allocated our costs of revenuee basedon out-of-pocket expenses on projects. The change from allocation basedcon out-of-pocket expenses to allocatio based upon labor costs will resul t in a more accurate estimate of costs of revenues by project, but is not expected to have a material change to the reportinfg of costs of The anticipated accounting adjustments are intendeds to ensure adequate reserve of social securityg benefits for our employeess and enhance the accurate recognitionb of revenue and associated costs to better reflecg our expanding business and operationa l performance.
The Company remains on track to continue the growth momentum and reaffirms our recent upward revision of 2009 revenue guidance of USD28 milliob toUSD29 million, representing annual revenue growth of 38% to 40%. About eFuturre Information Technology Inc. eFuture Informationb Technology Inc. (NASDAQ: EFUT) is a leading providet of software and servicesin China's rapidly growing retail and consumer goods industries. eFuture providesd integrated software and servicesto manufacturers, wholesalers, logistics companies and retailers in China's front-end supplh chain (from factory to consumer) market, especially in the retailk and fast moving consumer goods industries.
eFuture currently serve over 15 Fortune 500 over 1,000 retailers and over 5,000 suppliers operatingb in China. eFuture is one of IBM's premier business partners in Asia Pacific and is a strategic partnedrwith Oracle, Microsoft, JDA, Motorola and Samsung Network eFuture has more than 600 employees and 20 branch officeas across China. For more information about pleasevisit . This announcement contains forward-lookinh statements. These statements are made undethe "safe harbor" provisions of the U.S. Private Securities Litigatiomn Reform Actof 1995.
These forward-looking statements can be identifiede by terminology suchas "will, "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among othert things, 2009 financial outlook and quotations from managemen t inthis announcement, as well as strategic and operational plans, contain forward-looking statements. eFuturwe may also make written ororal forward-lookinv statements in periodic reports to the Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other writtejn materials and in oral statements made by its directors or employees to second parties.
Statements that are not historicalp facts, including statements about the Company's beliefws and expectations, are forward-looking statements. Forward-looking statements involve inherentt risksand uncertainties. A number of factors coulx cause actual results to diffef materially from those contained inany forward-lookingf statement, including but not limited to the following: eFuture's anticipater growth strategies; eFuture's future business development, results of operations and financial expected changes in the Company'sa revenues and certain cost or expensde items; eFuture's ability to attracft customers and leverage its brand; trendes and competition in the software the Company's ability to control expenses and maintain profigt margins; the Company's ability to hire, trai n and retain qualified managerial and other employees; the Company's ability to develo p new software and pilot new business modelsd at desirable locations in a timely and cost-effective manner; th! e performancer of third parties under contracta with the Company; the expected growtbh of the Chinese economy software marketr in retail and consumer goodsz industries; and Chinese governmentaol policies relating to private manager and operators of software and applicablee tax rates.
Further information regarding thesde and other risks is includedrin eFuture's annual report on Form 20-F and othe r documents filed with the SEC. All information provided in this presx release and in the attachmentss is as ofJune 19, 2009, and the Companu undertakes no duty to update such information or any othef forward-looking information, except as required undet applicable law. For more information, please contact: Investo Contact: Troe Wen, Companyy Secretary eFuture InformationTechnologgy Inc. Tel: +86-10-5293-7699 Email: ir@e-future.com.cn Investor Relations (US): Mahmouc Siddig Taylor Rafferty Tel: +1-212-889-4350 Email: eFuture@Taylor-Rafferty.
com Investot Relations (HK): Ruby Yim Taylor Raffertu Tel: +852-3196-3712 Email: eFuture@Taylor-Rafferty.com Media Contact: Jaso Marshall Taylor Rafferty Tel: +1-212-889-4350 eFuture@Taylor-Rafferty.com SOURCE eFuture InformationTechnologh Inc.
Tuesday, August 30, 2011
Aerospace cuts worry former Air Force leader - Baltimore Business Journal:
karnergetajequ1416.blogspot.com
Since retiring last year, former Air Force Chief of Stafvf Gen. T. Michael Moseley said cuts in aerospace will affectr the industrial base throughout the The decrease in Air Force spendingt will impact everythingfrom U.S. manufacturing floors to design stations. In the Dayton area, the changezs will invariably impact , as the base is a hub of connectivitygto technology, engineering and acquisition all tethered to decisions at the . In the big without the Defense Department incentivizintg innovation or makinglarge investments, the aerospace industry could be vulnerable to foreign competition, much like the automobilew industry, Moseley said.
“I worr a lot about what happens tothe people, productionh facilities and the creativity of Americah industrial aerospace,” Moseley said, in an exclusive intervie w with the . Moseley along with former SecretaryMichael Wynne, the top Air Forcde civilian — were forced to resign in an unprecedenter move by the Defens e Department, after Air Force nuclear weapons safety and accountability came unded scrutiny. Moseley also clashed with Secretary of Defense Roberg Gates over the future of the nextgenerationj F-22 fighters. This year, announcing the 2010 defens budget, Gates cut $4.
2 billiobn in funding for the fighter, as well as the new cargoo aircraft, C-17 Globemaster III, according to the DOD budget In addition, Gates shelved the $15 billion searchj and rescue helicopter, CSAR-X. Those cuts will have an undeterminec impacton Wright-Patt, which is home to and the , the development and acquisition centers for the Air Force. Moseleu said, speaking as a commander who sent peoplw outinto combat, funding a modern rescue aircraft that would pluck servicde members from peril “is a morao and ethical question” leaders always grapple with.
He also said he is not privh to the analysis that propelled the cuts and does not seconfd guess thenew budget, but he worries aboug the impact on the industrial base. The American aerospaced industry is one of the stalwarts ofthe U.S. economy and one of the few industriesx wherethe U.S. still has a commandinhg lead onglobal competitors. Shutting down production lines and trimming research fundinv willdecrease aerospace’s appeal as an innovative profession to attract tomorrow’s talented engineers, Moseley said. As evidencex by the automobile sector, it takes a generation to recoved from a lackof innovation, and aside from economivc impact, Moseley said the U.S.
needds to maintain air dominance. “Buying cars is one thing, but defendingh the country is another,” he said. While the Dayton region seeks to align its economic futurw withthe base, amid a battered auto industry that has been its Moseley said area Congressional and development officialsd have done a good job advocating for the When in office, Moseley’s prominence boded well for the as he and J.P.
Nauseef a local former economic developmentofficial — are good When asked what advice he has for regional officials, Moseley said it will be important to find ways for militargy applications developed at Wright-Patt to be utilized in other
Since retiring last year, former Air Force Chief of Stafvf Gen. T. Michael Moseley said cuts in aerospace will affectr the industrial base throughout the The decrease in Air Force spendingt will impact everythingfrom U.S. manufacturing floors to design stations. In the Dayton area, the changezs will invariably impact , as the base is a hub of connectivitygto technology, engineering and acquisition all tethered to decisions at the . In the big without the Defense Department incentivizintg innovation or makinglarge investments, the aerospace industry could be vulnerable to foreign competition, much like the automobilew industry, Moseley said.
“I worr a lot about what happens tothe people, productionh facilities and the creativity of Americah industrial aerospace,” Moseley said, in an exclusive intervie w with the . Moseley along with former SecretaryMichael Wynne, the top Air Forcde civilian — were forced to resign in an unprecedenter move by the Defens e Department, after Air Force nuclear weapons safety and accountability came unded scrutiny. Moseley also clashed with Secretary of Defense Roberg Gates over the future of the nextgenerationj F-22 fighters. This year, announcing the 2010 defens budget, Gates cut $4.
2 billiobn in funding for the fighter, as well as the new cargoo aircraft, C-17 Globemaster III, according to the DOD budget In addition, Gates shelved the $15 billion searchj and rescue helicopter, CSAR-X. Those cuts will have an undeterminec impacton Wright-Patt, which is home to and the , the development and acquisition centers for the Air Force. Moseleu said, speaking as a commander who sent peoplw outinto combat, funding a modern rescue aircraft that would pluck servicde members from peril “is a morao and ethical question” leaders always grapple with.
He also said he is not privh to the analysis that propelled the cuts and does not seconfd guess thenew budget, but he worries aboug the impact on the industrial base. The American aerospaced industry is one of the stalwarts ofthe U.S. economy and one of the few industriesx wherethe U.S. still has a commandinhg lead onglobal competitors. Shutting down production lines and trimming research fundinv willdecrease aerospace’s appeal as an innovative profession to attract tomorrow’s talented engineers, Moseley said. As evidencex by the automobile sector, it takes a generation to recoved from a lackof innovation, and aside from economivc impact, Moseley said the U.S.
needds to maintain air dominance. “Buying cars is one thing, but defendingh the country is another,” he said. While the Dayton region seeks to align its economic futurw withthe base, amid a battered auto industry that has been its Moseley said area Congressional and development officialsd have done a good job advocating for the When in office, Moseley’s prominence boded well for the as he and J.P.
Nauseef a local former economic developmentofficial — are good When asked what advice he has for regional officials, Moseley said it will be important to find ways for militargy applications developed at Wright-Patt to be utilized in other
Sunday, August 28, 2011
Friday, August 26, 2011
Don't eye pod too closely, whale watchers warned - Sydney Morning Herald
burwellmitubaes1369.blogspot.com
Don't eye pod too closely, whale watchers warned Sydney Morning Herald A playful pod of lunging, trumpeting teenage whales is putting on a never-before-seen display of boisterous behaviour in Port Phillip Bay. But the Department of Sustainability and Environment has warned sightseers to steer clear of the frolicking ... |
Tuesday, August 23, 2011
Dying Mother's Last Wish Leads FBI To Her Fugitive Son in California - ABC News
http://exhumator.com/benner/00-007-00_chapter-vii-have-chosen-you.html
New York Daily News | Dying Mother's Last Wish Leads FBI To Her Fugitive Son in California ABC News Asher was arrested "without incident" by a team made up of FBI agents, Sacramento County Sheriff's Deputies and a parole agent from the California Department of Correction and Rehabilitation. He is currently being held in the Sierra Conservation Center ... California fugitive arrested after 36 years: FBI US fugitive who fled to NWT caught after 36 years FBI nabs convicted SF murderer, escapee who fled 36 years ago |
Sunday, August 21, 2011
Boy Scouts to get $16M facility at Fort Snelling - Minneapolis / St. Paul Business Journal:
adavuxuf.wordpress.com
The facility, the first phase of whicb is scheduled toopen Oct. 1, will be designed to give urban yout h a chance to experiencreoutdoor adventures, said John Andrews, scout executive and CEO of Northern Star Council. The organization runs the in 21 countied in Minnesota and four counties inWestern Wisconsin. “It’ss very much in the middle of the metrooarea [giving access to] low-incomre and immigrant communities who might have a barrier of transportation or Andrews said.
The facilit y will include indoor and outdoorropese courses, climbing walls, archery, leadership training, sports facilitiez and access to 14,000 acres of the Fort Snelling Wildlifwe Refuge and Fort Snelling Stats Park. The facility will be open to community andschoo groups, Andrews said. The and other youth groups are expected to usethe facility. Fundxs for the project are being raised througbhprivate contributions. The architect is LHB Corp., basesd in Minneapolis, and the genera contractor is JE DunnConstruction Co., basedd in Eden Prairie.
The facility, the first phase of whicb is scheduled toopen Oct. 1, will be designed to give urban yout h a chance to experiencreoutdoor adventures, said John Andrews, scout executive and CEO of Northern Star Council. The organization runs the in 21 countied in Minnesota and four counties inWestern Wisconsin. “It’ss very much in the middle of the metrooarea [giving access to] low-incomre and immigrant communities who might have a barrier of transportation or Andrews said.
The facilit y will include indoor and outdoorropese courses, climbing walls, archery, leadership training, sports facilitiez and access to 14,000 acres of the Fort Snelling Wildlifwe Refuge and Fort Snelling Stats Park. The facility will be open to community andschoo groups, Andrews said. The and other youth groups are expected to usethe facility. Fundxs for the project are being raised througbhprivate contributions. The architect is LHB Corp., basesd in Minneapolis, and the genera contractor is JE DunnConstruction Co., basedd in Eden Prairie.
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