Long ago A-ha-le the Coyote transformed Oo-soo?-ma-te the Bear to stone.
Today the 110 foot tall giant?s spirit roars on the mountain.
He watches and protects Grizzly Rapids,
site of the world?s longest, tallest, fastest man-made white water rafting.
Source: http://hereandthere.us/index.php/2012/grizzly-peak-legend/
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LAS VEGAS ? Republican presidential front-runner Mitt Romney cruised to victory in the Nevada caucuses Saturday night, notching a second straight triumph over a field of rivals suddenly struggling to keep pace.
In victory, the former Massachusetts governor unleashed a sharp attack on President Barack Obama, whose economic policies he said have “made these tough times last longer.”
In a state with the worst joblessness in the country, Romney added, “This week he’s been trying to take a bow for 8.3 percent unemployment. Not so fast, Mr. President. This is the 36th straight month with unemployment above the red line your own administration drew.”
The former Massachusetts governor held a double-digit lead over his nearest pursuer as the totals mounted in a state where fellow Mormons accounted for roughly a quarter of all caucus-goers.
Former House Speaker Newt Gingrich and Texas Rep. Ron Paul vied for a distant second. Former Pennsylvania Sen. Rick Santorum trailed the field.
Returns from 14 of 17 counties showed Romney with 42 percent support, Gingrich with 25 percent, Paul with 20 percent and Santorum with 13 percent.
Yet to report its results was Clark County, which includes Las Vegas and often accounts for half or more of the votes in a statewide election.
Romney’s victory capped a week that began with his double-digit win in the Florida primary. That contest was as intense as Nevada’s caucuses were sedate ? so quiet that they produced little television advertising, no candidate debates and only a modest investment of time by the contenders.
A total of 28 Republican National Convention delegates were at stake in caucuses held across a sprawling state that drew little attention in the nominating campaign but figures to be a fierce battleground in the fall between the winner of the GOP nomination and Democratic President Obama. The state’s unemployment rate was measured at 12.6 percent in December, the worst in the country.
According to the AP count, Romney began the day with 87 of the 1,144 delegates needed to win the Republican nomination. Gingrich had 26, Santorum 14 and Paul 4.
As he did in Florida, Romney was eager to take on the mantle of nominee-in-waiting when he spoke to supporters ? even though Gingrich, Santorum and Paul have said they intend to remain in the race.
“President Obama seems to believe America’s role as leader in the world is a thing of the past. I believe the 21st century will be and must be an American century,” Romney said to cheers from his backers.
Preliminary results of a poll of Nevada Republicans entering their caucuses showed that nearly half said the most important consideration in their decision was a candidate’s ability to defeat Obama this fall, a finding in line with other states.
About one-quarter of those surveyed said they are Mormon, roughly the same as in 2008, when Romney won with more than a majority of the vote in a multi-candidate field.
The entrance poll was conducted by Edison Research for The Associated Press at 25 randomly selected caucus sites. It included 1,553 interviews and had a margin of sampling error of plus or minus 4 percentage points.
The caucus rules were a demonstration of democracy and a reflection of religious diversity.
Nevada awarded its delegates in proportion to the caucus vote totals, meaning that any candidate who captured at least 3.57 percent of the total number of ballots cast would be rewarded. By contrast, Romney’s victory in the Florida primary on Tuesday netted him all 50 of the delegates at stake there.
While most caucuses were held during the day, an exception was Clark County, the state’s largest. There, party officials arranged to hold one meeting well after sundown at the request of orthodox Jews who observe bans on driving, writing or other work-a-day activities during the Sabbath.
Romney’s victory in the state’s 2008 caucuses, coupled with the heavy presence of voters who share his Mormon faith, turned Nevada into something of a way-station on the campaign calendar.
There are just over 175,000 Mormons in the state, roughly 7 percent of the population. But they accounted for nearly a quarter of all 2008 Nevada GOP caucus-goers.
Gingrich said he’d be happy to finish second, behind Romney and ahead of Paul. Paul, a Texas lawmaker, was one of two candidates to air television ads in the state, hoping for a close second-place finish if not an upset.
Romney was the other, joined by Restore Our Future, the ubiquitous organization that supports him and has been heavily involved in earlier states.
Santorum campaigned relatively little in Nevada, although he picked up the support of Sharron Angle, a tea party favorite who won the GOP Senate nomination in a 2010 upset and then lost her race to Senate Majority Leader Harry Reid.
From Nevada, the calendar turns to caucuses in Minnesota and Colorado and a non-binding primary in Missouri on Tuesday.
Maine caucuses end next Saturday, and the next seriously contested states are expected to be primaries in Michigan and Arizona on Feb. 28.
Nevada caucuses, coming four days after the Florida primary, meant little time for the type of intense campaign that characterized the first month of the race.
The most memorable event of the four-day Nevada campaign was an endorsement that flamboyant billionaire Donald Trump bestowed on Romney in Las Vegas in a circus-like atmosphere that followed reports he would back Gingrich. The campaign event was brief, and Paul mocked The Donald and his decision. “I don’t think he has that much credibility. I don’t understand why we pay attention to him,” he said.
By the time Nevada Republicans caucused, Paul was campaigning in Minnesota, Santorum in Colorado.
“The one thing that is on our side is the American people are waking up,” Paul said in a speech in Rochester, Minn., that was frequently interrupted by applause. The Texan has yet to win a primary or caucus state.
Santorum, who eked out a victory in Iowa a month ago, has faded since. He said he has raised $1 million online in recent days to help him in the upcoming states.
Gingrich combined campaigning and fundraising in his time in Nevada, in hopes of righting a campaign that was victorious in the South Carolina primary on Jan. 21, only to crater 10 days later in Florida.
Eager to demonstrate he intends to fight on, he announced plans to campaign next week in Ohio, one of several states with a Super Tuesday primary on March 6.
His Florida victory in hand, Romney was acting like a front-runner again, campaigning against Obama more than Gingrich. Restore Our Future took on the former speaker, airing ads that said he consistently overstated his connections to Ronald Reagan
___
David Espo reported from Washington.
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COEUR D’ALENE, Idaho (AP) ? Some shareholders have sued Hecla Mining Co. for stock losses they endured after the federal government shut down the Lucky Friday Mine for safety violations.
The Bricklayers of Western Pennsylvania Pension Plan this week filed the lawsuit in federal court in Idaho against Hecla, which is based in Coeur d’Alene.
Hecla announced on Jan. 11 that the mine will be closed for a year to make the changes ordered by federal regulators after two miners died in separate accidents last year.
The lawsuit contends the closure caused Hecla’s stock price to fall 21 percent to $4.61 per share on Jan. 11 and that the company prior to that had made false and misleading statements that artificially inflated the price of its stock.
“Defendants lacked a reasonable basis for their positive statements about the company’s operations and its expected silver production,” the lawsuit said, accusing the company of fraud.
Officials for Hecla said the company’s comments on its financial prospects were appropriate and the company will defend itself.
“This lawsuit has no merit,” said spokeswoman Melanie Hennessey, adding such lawsuits were common when a stock price dropped.
The company’s stock has since rebounded to more than $5.30 per share.
In January, Hecla announced that the Mine Safety and Health Administration had ordered it to remove sand and concrete material that had built up in the main elevator shaft of the Lucky Friday, one of the nation’s deepest underground mines. The company said the work would take up to a year, and the mine would be closed during that time.
The closure prompted Hecla to reduce its estimated silver production for 2012 from more than 9 million ounces to about 7 million ounces, all from its remaining Green’s Creek mine in Alaska.
Production is expected to resume in early 2013.
The mine has been shuttered since mid-December, when a rock burst injured seven miners.
Federal regulators have been conducting a close inspection of the mine because of the series of 2011 accidents. They decided they wanted the sand and concrete material removed because it can break off and fall down the shaft, injuring people or damaging the elevators.
The silver mine is located about 50 miles east of Coeur d’Alene in a region called the Silver Valley.
Miner Brandon Lloyd Gray, 26, was buried in rubble while trying to dislodge jammed rock last Nov. 17, and died two days later.
On April 15, miner Larry “Pete” Marek was crushed when his work area collapsed.
Federal inspectors found company safety failures led to his death.
Associated Press
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FILE – In this Saturday, Oct. 16, 2010 file photo, some of an estimated 45,000 people participate in the Susan B. Komen Race for the Cure in Little Rock, Ark. After watching The Susan G. Komen for the Cure announce plans to cut funding to Planned Parenthood on Tuesday, Jan. 31, 2012, then abandon those plans days later amid a public furor, many longtime Komen supporters were feeling conflicted at week’s end. (AP Photo/Brian Chilson)
FILE – In this Saturday, Oct. 16, 2010 file photo, some of an estimated 45,000 people participate in the Susan B. Komen Race for the Cure in Little Rock, Ark. After watching The Susan G. Komen for the Cure announce plans to cut funding to Planned Parenthood on Tuesday, Jan. 31, 2012, then abandon those plans days later amid a public furor, many longtime Komen supporters were feeling conflicted at week’s end. (AP Photo/Brian Chilson)
NEW YORK (AP) ? When Dorothy Twinney first saw a Race for the Cure walk for breast cancer ? “a sea of pink” traveling through her hometown of Plymouth, Mich. ? she was so moved she sat in her car and wept.
This week, after watching The Susan G. Komen for the Cure breast cancer charity announce plans to cut funding to Planned Parenthood, then abandon those plans amid a public furor, Twinney decided she was done with the organization for which she raised thousands of dollars on three-day, 60-mile walks that left her feet bloodied and blistered, but her spirits high.?
“It just feels like it’s all tarnished now,” the 41-year-old mother of two said. “Honestly, I’m not sure what they can do to change that.”
At week’s end, many longtime Komen supporters were feeling similarly conflicted. Some, depending on where they stood on the hot-button issue of abortion, called it more of a betrayal. Those who supported Komen’s grants to Planned Parenthood for breast-cancer screenings called the initial move to cut them politically motivated; those opposed to the grants said the same thing about the reversal.
The outrage clearly stunned Komen, the country’s most widely known breast cancer organization. “I think (Komen) has been horrified to be so caught up in this culture war,” said Eric Scheidler, executive director of the Chicago-based Pro-Life Action League.
Many women described feeling caught in the middle when The Associated Press first reported on Tuesday that Komen had adopted criteria excluding Planned Parenthood from future breast screening grants because it was the subject of an investigation launched by a Florida congressman at the urging of anti-abortion groups. The grants totaled $680,000 in 2011.
Alyce Lee-Walker was one of them. A longtime Komen supporter, she’d never given money to Planned Parenthood. But when she learned of the funding cut, she immediately went online to donate $188 ? the 88 signifying good luck in Chinese.
She didn’t stop there. The small business owner from Pinehurst, N.C., went about removing all the pink-ribbon stickers, a Komen symbol, that she’d affixed to her belongings.
“I took them off my personal car, the business car, off the doors in the office,” she said. And that pink chef’s knife she bought at Williams-Sonoma, with some of the proceeds going to Komen? “I’m done with that, too,” she said.
When she worked on Wall Street, Lee-Walker once prowled the trading floor soliciting donations “from anyone who loved a sister, mother, wife ? or who was a fan of breasts,” she quips. She raised $15,000. But now, Komen’s reversal as well as its original move left her disgusted, she said: “It’s all political.”
Many shared that skepticism. “I’m wondering, is this really what they believe now, or is it just all the bad press that made them do it?” asked Mary Gauvin, a 27-year-old mother from Fort Drum, N.Y. “I doubt their motivation a bit.”
Gauvin, a supporter in the past of both Planned Parenthood and Komen, said that now, if a friend asked for sponsorship in a Race for the Cure event, she would offer to give money instead to the American Cancer Society.
Also switching allegiance was Suzanne Strempek Shea, a novelist and college writing teacher in Northampton, Mass. “If someone asks me to sponsor them,” she said, “I’m going to say, ‘I wish you well, but I’m going to give the amount I’d have given you to Rays of Hope,” another breast cancer support group.
The issue was particularly painful to Shea, 51. She is a breast cancer survivor who discovered early warning signs at a Planned Parenthood breast screening (the group does screenings and refers some patients for mammograms).
“They found the cysts that led to the diagnosis. I don’t think people realize all the good they do,” Shea said. Horrified that a crucial women’s health issue had become entwined with the abortion debate, she said that despite the reversal, “I’m still angry.”
Even angrier about the reversal were anti-abortion advocates who’d applauded Komen’s original move.
“We were very happy to see (Komen) discontinue funding to Planned Parenthood,” said Tony Lauinger, state chairman for Oklahomans For Life. “For an entity … that’s trying to prevent breast cancer across the world, it’s directly counterproductive that the organization would be giving funds to Planned Parenthood, which is the largest provider of abortions in the country.”
Scheidler, of the Pro-Life Action League, sent out emails and social media messages Friday aimed at “tens of thousands” of abortion foes, urging them to withhold donations to Komen. Days earlier, when the original decision was reported, he’d urged people to donate to Komen.
Renee Wiesner, a mother of nine who opposes abortion, said she had been encouraged by Komen’s original decision.
“I had known about the grants, and that’s why I had avoided supporting Komen in the past,” said Wiesner, of Aurora, Ill. Now, she said, she will wait for the furor to die down before deciding where to contribute.
She said she suspected the reversal was simply a PR move by Komen:? “They need to keep a good public image if they want to be as successful as they’ve been.”
Not everyone was beating up on Komen. “They made a bad call, but they rethought their position,” said Katie Ferdinand, 46, of Basking Ridge, N.J. “I’d consider supporting them going forward.”
Before the reversal, Ferdinand had gone on Facebook and urged friends to join her in contributing to Planned Parenthood. The organization said it received $3 million between Tuesday evening and Friday afternoon, funds it said would be used to expand its breast health services, which now provide nearly 750,000 breast exams each year.
That made Planned Parenthood supporter Cindy Froggatt happy. “I am grateful to Komen for the unintended consequence of their misguided decision,” said Froggatt, of Philadelphia. She especially admired the actions of New York Mayor Michael Bloomberg, who himself made a $250,000 gift.
The controversy was rawest, it seemed, for breast cancer survivors, especially those, like Joyce Miller, who’d donated many hours of time to Komen. After her first breast cancer treatment, Miller spent an hour a day manning Komen’s phone lines, for nearly two years.
“I do not forgive them,” the 70-year-old Dallas woman said Friday, after the reversal. She said she was also thinking of her daughter, Twinney, the Michigan woman, who spent years on the breast cancer walks. “Those bloody feet,” Miller said. “The aching back!”
As for Twinney, she didn’t try to hold back the tears as she spoke of the years of fundraising, which included bartending stints to get cash together, and the three-day walks, buoyed by supporters including her two sons, who even agreed to dress in pink.
“Those weekends, on those walks, were some of the most special times of my life, next to the birth of my children,” she said. “You met the best people in the world. This organization began for such a special reason. And I am just so disappointed right now.”
___
Associated Press writers Carla K. Johnson in Chicago and Justin V. Juozapavicius in Tulsa, Okla., contributed to this report.
Associated Press
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Review before hiring the Home Inspector service
Many companies of home inspection are employed by customers to screen and look at the overall condition of properties to be able to identify the issues.
Selecting your home inspector is much more than about cost, it ought to be about experience and requirements! The good thing is that there?s a big list of experts who?re well track of the key elements and greatest techniques which make houses buttoned up.
In spite of the existence of competent home inspection experts, it?s nevertheless essential that you?ve a basic understanding of the nuances of evaluation process. There are specific facets of the property that you should review prior to deciding to employ the services of an expert home inspection specialized.
Home Structure ? You have to analyze at the property from the realistic length. Consider the general facade of the exterior walls. Will they seem flat and plumb? From the inside, analyze firmly the walls if it?s curved at the corners. Look into the general condition of the flooring. Will it sense solid or not?
Roof ? Look at the typical condition of the top of the property. Is it new as well as in a great condition?
Rainwater Control ? Determine whether the eave troughs, gutters, down spouts and drainpipes take rain water from the property. See if there?s a possible predicament of flooding within the basements. Search for signs or indication of water damage.
Finishing Specifics ? Look for evident signs and symptoms of excellent craftsmanship in the finishing details of the house. These shall range from the paint, tile work, hardware, and mouldings.
Kitchen and Bathroom Fixtures ? Discover if the bathrooms, sinks and bathtubs are of good quality or not? Are they working properly? Look into the water force by activating the taps and flushing the toilet.
Plumbing and Water Heating System ? Determine whether the water heater is electric powered or gas, because the second option is much more cost-effective. Water supply piping that supply water to fittings needs to be made from copper.
Home Electrical Structure ? Evaluate if the location and number of receptacles are appropriate towards the requirements of the house or not? Look into the main circuit breaker; it should be a minimum of 100 amps.
Fireplace ? Is the fireplace equipped with screens or glass doors? Glass doors are thought to be more effective as compared to screens. Look into the dampers and log lighters. Determine whether there?s a combustion exit that?s in a position in drawing air outside. It?s also essential that the fireplace is equipped with spark arrestor in the upper area of the masonry.
Home heating ? You have to think about the location from the heater or furnace. It?s also vital that you look at the type of furnace or heater. Review when the registers look as though adequate for heating the house interior. See if the home is air-conditioned or not.
Home Insulation ? Consider the attic to examine the type of insulation that the property has. R-19 is the minimum standard for homes in areas with average temperatures. However, R-38 is usually required in homes located in chilly climates. You might also need to get rid of the receptacle cover from the outside wall to judge the entire express of the wall insulation.
Many companies of home inspection firms are employed by customers to screen and look at the overall condition of properties to be able to identify the issues.
Know more about selecting an expert home inspector by evaluating home inspection testimonials in your area.
You can leave a response, or trackback from your own site.
Source: http://www.kodiaksnet.com/home-inspector-review-before-hiring-the-home-inspector-service
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Archery is an historical action associated with utilizing bows as well as arrows in a targeted. It?s progressed yoga for weight loss over time through as an important military services as well as hunting application to your sport adored through numerous as well as used up as being a activity. Archery ended up being popularized as being a sport throughout England as well as afterwards released in order to The us over the natives associated with United states inside the overdue 16th one hundred year, the particular americans went ahead as well as formed arranged clubs associated with sports archers who kept the initial ever before archers event throughout Chicago, il inside the early on 18 eighties.
The about three main varieties of archery are generally targeted, industry as well as flight archery. Focus on occasions entail capturing with a great object which has a limited quantity of arrows from the distance.
Within industry archery the particular capturing distances are generally unmarked and it is up-to the particular archer to make his or her own selections on where you should blast through, here, the target can either become stationery as well as moving and may even become mechanically controlled. Occasionally outrageous video game are widely-used specially through hunting excursions the industry widely recognized recreational action used up through nearly all bowmen.
The next kind of archery will be slightly various because contestants are generally grouped good taking weight of these arrows, within this celebration, accuracy does not depend somewhat the particular farthest faraway included in the particular arrow does. Occasionally on this celebration, the particular contestants are generally permitted to make use of crossbows as opposed to the traditional bow as well as arrow.
Just before capturing a great arrow, it can be very important in order to suppose the right posture, this is attained through standing perpendicular towards the targeted together with your feet shoulder-width separate, the particular arrow will be filled through putting the particular v-shaped groove bought at the trunk end with the arrow upon the particular chain attached with the particular bow. The arrow will be then kept between the directory hand plus the midst hand along with assist through the diamond ring hand.
The bow will be then delivered for the confront as well as very carefully situated at the corner with the jaws, just under the particular chin while pointing for the targeted. The chain should be utilized with regards to the distance designed to become included in the particular arrow. While prepared, the particular shot might be used through calming the particular fingers around the chain hand, this will be practiced in one fast motion. The following photos are generally then used in the same manner while sketching the particular arrows from the quiver, the industry container employed to support the arrows.
To get the suitable accuracy as well as working through versions equipment, the particular bow strings should be waxed often. The bow alternatively must be kept dry as well as waxed to avoid destruction through h2o as well as dampness.
While fixing the particular strings, any stringer should be employed to tighten up the particular strings around the bow as well as any kind of removable biceps and triceps around the bow stiffened. Most significantly, the particular bow should always become kept throughout neat dry place to stay away from bending that.
The 1st few tries at the sport could be challenging but after a while as well as practice a person must progress and at last excellent. Nearly all nations around the world enable visitors to obtain archery equipment regardless of age, but in order to blast that throughout urban areas, 1 will likely need to take any specified variety exactly where other bowmen are generally permitted to practice to be able to stay away from causing any kind of mishaps.
Source: http://orchus.ca/fundamental-information-on-your-artwork-involving-archery
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Epson touts the Epson Artisan 730 ($199.99 direct) as an all-in-one for the photo hobbyist?a more accurate description than you might assume. Unlike most ink jets today, including even the Epson Artisan 837 ($299.99 direct, 4 stars) that serves as the next step up in Epson’s Artisan line, the 730 is most at home as a strictly home printer focusing primarily on photos. More than that, the high-quality photos are the best argument for considering the printer.
The 730 is one of the few inkjet MFPs today that doesn’t fit well into the dual role of home and home office printer, even for light-duty office use. It prints, scans, and copies, but it lacks office-centric features like a fax capability and an automatic document feeder. More important, its text and graphics quality aren’t up to what you probably want for business use, even for a home office. On the other hand, its photo quality is good enough to make it stand out from the rest of the low-cost inkjet crowd.
The printer also delivers a full set of photocentric and home-oriented features, including menu options on the front panel to print lined notebook and graph paper as well as personalized notepaper using scanned photos for the background. It can also print from memory cards, USB keys and PictBridge cameras, scan to memory cards and USB memory keys, and both print on and copy images to printable optical disks.
Very much worth mention is that the 730 offers both Ethernet and Wi-Fi. This not only allows easy sharing on a network, but it opens the door to an assortment of options for printing from iThings and through the cloud from any device with email. In particular, the 730 supports Apple Airprint, Google Cloud Print, and Epson Connect Email Print.
Speed, Output Quality, and Other Issues
Setting up the printer is standard fare. For my tests, I connected to a wired network and ran my tests from a Windows Vista system. The speed was impressive. On our business applications suite, I timed the printer at an effective 5.1 pages per minute (ppm), essentially tied with the Artisan 837 and significantly faster than the office-centric Editors’ Choice Canon Pixma MX882 Wireless Inkjet Office All-in-One ($199.99, 4.5 stars). Photo speed was also reasonably fast, tying the Artisan 837 with a 58-second average for a 4 by 6 on our tests.
Output quality was impressive for photos, but disappointing for text and graphics. Text on plain paper was readable enough in my tests, but notably gray, rather than black, and notably lacking in crisp edges. The effect was like looking at a photo with soft focus.
Graphics had a similar faded look, with colors that were dull or pastel rather than rich and vibrant. However, the graphics didn’t show any obvious flaws otherwise, making them usable, if not impressive, for any internal business need. Depending on your level of perfectionism you might even consider them good enough for, say, PowerPoint handouts. It’s worth mention also that both text and graphics would likely look better on a different, more expensive paper that didn’t absorb the ink quite so much. For our business applications suite, we use a low-cost multi-purpose paper.
Photo quality was just short of excellent overall, with most of the photos, both monochrome and color, displaying higher quality than you’d typically get from drugstore prints. One photo came out noticeably oversaturated, but given that many people prefer oversaturated colors, whether you consider that a problem is mostly a matter of personal taste.
One last issue that demands mention is the 730′s paper handling. The 120-sheet input capacity is sufficient for home use, and the built-in duplexer for automatically printing on both sides of a page can help you save a bit on paper. More significant for photos is the separate photo tray, a welcome convenience that lets you switch between plain paper and photo paper without having to swap out paper in the main tray. The photo tray can hold up to 20 sheets of 3.5-by-5, 4-by-6, or 5-by-7-inch photo paper.
I’d like the Epson Artisan 730 a lot better if it offered higher quality for text and graphics. If what you care about is photos, however, the issues with text and graphics are irrelevant. If you need a printer for home use, particularly for photos, and don’t need high-quality output on plain paper, the Epson Artisan 730 can certainly do the job. More to the point, if you’re the kind of photo hobbyist Epson has in mind, it may be exactly the right printer for your needs.
More Multi-function Printer Reviews:
??? Epson Artisan 730
??? HP Officejet Pro 8600 e-All-in-One
??? Samsung SCX-4729FD
??? Canon Color imageClass MF8380Cdw
??? Epson WorkForce WF-845
?? more
Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/5EWiiB9FFK0/0,2817,2399616,00.asp
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LG has revealed its earnings statements for the fourth quarter of 2011 and the full year, and it managed to notch an operating profit of 23 billion won ($20.5 million), boosted by a 10 billion won operating profit in its handset division. That was despite lower sales compared to the previous quarter (17.7 million compared to 21.1 million), with higher sales of its new Optimus LTE and lower sales of less profitable dumbphones. It also had solid results in TVs with an operating profit of 150 billion won and record shipments of 8.8 million units, thanks to demand for its higher end models over the holidays. Check out the slides in the PDF linked below for notes on how LG plans to dominate 2012 with more LTE, 3D and air conditioners, although we’d just recommend moving to Level 5 of the Kobe System.
LG finally shows a profit from cellphones, record high flat-panel shipments in Q4 earnings originally appeared on Engadget on Wed, 01 Feb 2012 00:53:00 EDT. Please see our terms for use of feeds.
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MCLEAN, Va. ? Gannett Co. reported a 33 percent drop in its fourth-quarter net income Monday. The media company, which publishes USA Today and owns a network of broadcast, digital and other publishing properties, said profits were weighed down by restructuring costs and other charges, as well as a revenue decline.
The company earned $116.9 million, or 49 cents per share, in the three months that ended Dec. 25. That’s down from earnings of $174.1 million, or 72 cents per share, in the same period a year earlier.
Gannett’s stock fell 7 percent, or $1.07 to $14.15 in midday trading on Monday. It has traded in between $8.28 and $18.93 in the past 52 weeks.
Excluding special items such as restructuring charges, Gannett earned 72 cents per share in the latest quarter. Analysts, on average, were expecting earnings of 68 cents per share, according to a poll by FactSet.
The company said its results reflected $63.6 million in charges related to workforce restructuring and facility consolidations at properties in the U.S. and the U.K. The largest charge was associated with the transfer of production of The Cincinnati Enquirer to a newspaper printer in Columbus, Ohio.
Revenue fell 5 percent to $1.39 billion from $1.46 billion in the same period a year earlier.
Analysts were expecting revenue of $1.39 billion, according to a poll by FactSet.
“We are positioning for growth in print and digital media through new subscription models delivered across platforms, capturing opportunities in adjacent businesses, and continuing to focus on operational efficiencies,” said Gracia Martore, president and CEO, in a statement.
Revenue at Gannett’s publishing division fell 5 percent to $1.01 billion, a decline the company attributed to lower advertising amid the economic softness in the U.S. and the U.K.
Broadcasting revenue fell 14 percent to $199.8 million, due mainly to sharply lower political advertising than a year earlier.
Revenue at the company’s digital division, which includes the website CareerBuilder, rose 9 percent to $181.5 million.
Company-wide digital revenue, which consists of the digital division and revenue generated by newspaper websites, rose nearly 7 percent to $290.3 million.
For the full year, Gannett earned $458.7 million, or $1.89 per share, down 22 percent from $588.2 million, or $2.43 per share, in the previous year.
Adjusted earnings were $2.13 per share.
Revenue slid 4 percent to $5.24 billion from $5.44 billion.
Analysts were expecting full-year adjusted earnings of $2.10 per share on revenue of $5.25 billion.
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