Archive for January 21st, 2008

Milton profit up 82 per cent, says economy sound
News.com.au - Milton’s top four holdings are in Westpac Banking Corporation, Commonwealth Bank, National Australia Bank and Bank of Queensland. Total assets under management at December 31 were $2.1 billion. Listed investment companies often like to invest in

MoD admits inquiry into 69 lost laptops
Guardian Unlimited - He stated the data included passport, National Insurance and driver’s licence numbers, family details, and NHS numbers for about 153,000 people who applied to join the armed forces and banking details of around 3,700. He revealed that two further

A year’s stock market gains lost
News.com.au - Supermarket giant Woolworths was one of the few winners, while the major mining and banking stocks dragged the market down. Since the All Ordinaries peaked at a record 6873 on November 1, the index has dropped 18 per cent. In Asia, the major markets

TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 GMT
CNBC - 2008-01-21 13:56:02 UK’s Brown says govt role in Northern Rock to ensure economic stability LONDON (Thomson Financial) - Prime Minister Gordon Brown stated today that the only reason for the government’s involvement in the Northern Rock crisis is to

New Zealand states farewell to Hillary
Miami Herald - Sherpas laid prayer scarves on Sir Edmund Hillary’s coffin as thousands across New Zealand bid farewell to the Mount Everest conqueror Tuesday. An honor guard held ice axes aloft as his casket was carried through their lines. About 500 New Zealand

Sovereign funds to the rescue, maybe
Minneapolis Star Tribune - But it is in banking where they have arrived most spectacularly. They have deftly played the role of savior just when Western banks have been exposed as the Achilles heel of the global financial system. At first sight this is proof that capitalism

Pujols still angry over steroids link
Miami Herald - Albert Pujols, angry his name was incorrectly linked to the Mitchell Report on steroids last month, banned a St. Louis television station from participating in a news conference Monday. Pujols asked Cardinals media relations director Brian Bartow to

Company Profile For Sony Corp
Reuters UK - The Company is focused on electronics, such as audiovisual and information technology products and components; game, such as PlayStation; entertainment, such as motion photos and music; financial services, such as insurance and banking sectors; and

Wi-fi users, beware: Hot spots are weak spots
Baltimore Sun - Don’t go sell your stocks or do any on the internet banking,” says David King, chief executive of AirTight Networks. Do all of your financial transactions at home, he states. •Name your home network. For your home network, don’t use the generic name, called

Warning of more turmoil as investors flee markets
Times On the web - The latest sell-off was sparked in China after the country’s banking regulator sent a deep chill through the nation’s financial sector when it stated that the US sub-prime turmoil could force some of China’s biggest banks to announce big write

Bank of Marin posts higher earnings
MSN MoneyCentral - Our focus on relationship banking has granted us to grow our portfolio at a strong double-digit pace, while maintaining excellent credit quality,” said Russell Colombo, the bank’s president and CEO. The bank’s nonperforming loans totaled $144,000 at

Rudy shock awaits at home
News.com.au - Rudy Giuliani banking on Florida, Super Tuesday But New York switching to John McCain Follow the US presidential election with us NEW York City’s former mayor Rudolph Giuliani has lost the lead in his home say among Republican candidates for the US

UK insurers seen as targets for Ping An
Daily Telegraph - Fortis in November and has HSBC as a 17pc investor, has been seen as increasingly on the cards. But the size of its intended share sale raised eyebrows about the scale of the ambition of the fast-growing company, whose operations also include banking

Banking sector improves on non-performing loans
East African Standard - The banking system is sound and stable, the Central Bank of Kenya (CBK) has stated. In its latest Monthly Economic Review (MER), CBK notes that the sector maintained a strong profitability growth and a general reduction in non-performing loans (NPLs

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It happens to the ideal of us. We forget where we put things. Vehicle keys. Flash drives. Yes, sometimes we even forget where certain files are on our personal. We can’t really help you with the automobile keys and flash drives (although we inexplicably find things like that in the refrigerator here), we have the ability to help you out with finding missing files.

Coming from a Windows environment, you might be familiar with the graphical Search Files/Folder application. You know the one, it has the weird little cartoon dog that sometimes finds your files and folders, sometimes returns a lot of stuff you don’t need, or sometimes doesn’t return anything at all, although you know it exists.

Linux also has graphical search applications. With them, you’re able to configure your search parameters a little more tightly than with Windows (or maybe it just seems so, because we’re not rushing to get the search done and make the freaky tiny dog go away). However, this usually isn’t the quickest, or easiest, way to find your files.

This is definitely one of those times it’s more productive for both old pro and new Linux users to use the command line. The confusing thing, even for some more experienced Linux users, is choosing which command to actually use to find the file or folder in question.

Continue reading Flipping the Linux switch: Misplace a file? Find it quick!

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Associate email addresses with your Google account

Google now grants you to associate non-Gmail accounts with your Google account. Why does this matter? Well, by associating other e-mail accounts, invites such as events for your Google Calendar will be automatically added, even when sent to a non-Gmail account. Also, you get the benefit of using your non-Gmail address to log into Google instead of your Google credentials.

So where is this tiny feat accomplished? If you sign in to “My account” on Google, and hit “edit” by personal information, a dialog that allows you to add additional email addresses should be visible below your usual info. If you try to add other Google addresses you’ll quickly be denied, convenient as that would otherwise be. Once you add an acceptable address, you’ll have to verify your account via a tiny confirmation email sent to your non-Gmail account. Then you’ll be set.

Functionality at this point, in terms of synchronicity, still seems limited to Google Calendar. But hopefully this will be expanded to other Google services that grant sharing and invites. Considering that we have the ability to already use Gmail to check and send email from non-Gmail accounts, this brings us just a little closer to having our non-Google accounts behave as if they were.

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MLK and Gen. Lee honored Monday in Ark.
Miami Herald - Business Monday | National | International | Personal Finance | Technology | Small Business | Friday Business Report Food | Health | Home While the nation honors the Rev. Martin Luther King Jr. on Monday, three states celebrate another man as well. In Arkansas

Getty Images Up for Sale, Could Fetch $1.5 Billion
New York Times - A sale is not assured, because the tightening of the high-yield debt markets has cut off private equity firms from the lifeblood of their business, making it harder to finance deals. Getty, founded in 1995 in Seattle, has grown through a series of

TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 GMT
CNBC - 2008-01-21 11:06:41 JFM’s planned abolition not to significantly affect credit risk profile - S&P MUMBAI (Thomson Financial) - Standard & Poor’s Ratings Services said the planned abolition of Japan Finance Corp for Municipal Enterprises (JFM) and

Euro finance ministers to meet amid high inflation, uncertain
International Herald Tribune - BRUSSELS, Belgium : Finance ministers from the 15 nations that share the euro currency meet for speaks Monday as they battle higher inflation and uncertain prospects for their economies this year. Industrial output is slowing as energy costs soar

Benefitfocus(R) Expands Reach to Consumers With ConnectYourCare
Forbes - An Innovative Consumer Finance Platform with Integrated Investments for easy HSA management and bank relationship/trustee flexibility for health plans and employers. - A Healthcare Payment Card that will enable participants to

Richelieu Finance confirms talks with massive finance group
Forbes - PARIS (Thomson Financial) - Fund manager Richelieu Finance is talks with a ‘big finance group’ about a tie-up and anticipates an agreement ‘in coming days’, a spokeswoman stated, confirming press reports. The spokeswoman refused to confirm the reason for

ACA Customers Allow More Time to Unwind Default Swaps (Update3)
Bloomberg - Russell Fraser, who left the ratings company in 2001 as it shifted focus to structured finance from municipal bonds. Fraser said his idea was to begin an A-rated municipal bond insurance company to guarantee a new crop of borrowers he

On the internet Banking Report Publishes ”Person-to-Person Lending 2.0
Forbes - Innovations, a Seattle-based research company. For more information and free sample reports, visit www.onlinefinancialinnovations.com, email info@netbanker.com or call (206) 517-5021. You might also find OFI’s blog on the latest in online finance

UK pubs, Tube, Arsenal debt hit by rating cut
Reuters - The news is the latest blow to confidence in very highly-rated debt, shaken after severe downgrades and unexpected losses in the structured finance and structured investment automobile sectors. “The downgrade of Ambac’s IFS (insurer financial strength

Stocks Plummet in Germany, Hong Kong, India, Brazil in Rout
Bloomberg - Japan’s Nikkei 225 Stock Average dropped 3.9 percent as the Finance Ministry cut its evaluation of five of 11 regional economies as housing investment fell and employment worsened. The MSCI Emerging Markets Index, a global benchmark, sank

Oregon St. fires basketball coach John
Miami Herald - Business Monday | National | International | Personal Finance | Technology | Small Business | Friday Business Report Food | Health | Home Oregon Say fired basketball coach Jay John, whose team is 6-12 this season and winless in the Pac-10. Attendance is

Line of Scrimmage: No Hollywood Ending for L.T., Favre
Miami Herald - Business Monday | National | International | Personal Finance | Technology | Small Business | Friday Business Report Food | Health | Home By Tony Moss, Sports Network The Sports Network LaDainian Tomlinson and Brett Favre have at least two things in common.

Venezuelan ammunition reaching rebels
Miami Herald - Business Monday | National | International | Personal Finance | Technology | Small Business | Friday Business Report Food | Health | Home Venezuelan-made ammunition is regularly reaching Colombia’s FARC and ELN guerrillas, Colombian military intelligence

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New York Giants vs. New England Patriots Far away from prying TV cameras, News Corp (NYSE: NWS) Chief Executive Rupert Murdoch and NFL honcho Roger Goodell probably hooted and jumped for joy when the New York Giants and New England Patriots made it into the Super Bowl. Maybe they made “ka-ching!” noises or exchanged high-fives with their underlings.

They couldn’t have asked for a better outcome if they had scripted it. There are so many compelling story lines, including whether the Patriots will be the first undefeated NFL team in more than 30 years. The New York — as in the top media market — Giants are no slouch for drama either. Who would have thought that Indianapolis Colts quarterback and ubiquitous pitchman Peyton Manning would be watching brother Eli lead the Giants in the sports spectacle to end all sports spectacles.

All this is a big plus for News Corp’s Fox network. A San Diego-Green Bay game — which would have been great — wouldn’t have drawn the ratings the network needed to meet its guarantees to advertisers. Television commercials are sold based on ratings guarantees. When the programs don’t meet the targets, the networks have to “make good” by giving away commercial time on other programs.

The one problem for Fox may be the Super Bowl game itself, which have at times been blowouts. This one won’t be much different. Sorry Giants fans, the Patriots are going to go undefeated. News Corp shareholders are probably hoping that the game is at least interesting enough for people to watch the $1 million commercials.

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New York Giants vs. New England Patriots Far away from prying television cameras, News Corp (NYSE: NWS) Chief Executive Rupert Murdoch and NFL honcho Roger Goodell probably hooted and jumped for joy when the New York Giants and New England Patriots made it into the Super Bowl. Maybe they made “ka-ching!” noises or exchanged high-fives with their underlings.

They couldn’t have asked for a superior outcome if they’d scripted it. There are so many compelling story lines, including whether the Patriots will be the first undefeated NFL team in more than 30 years. The New York — as in the top media market — Giants are no slouch for drama either. Who would have thought that Indianapolis Colts quarterback and ubiquitous pitchman Peyton Manning would be watching brother Eli lead the Giants in the sports spectacle to end all sports spectacles.

All this is a large plus for News Corp’s Fox network. A San Diego-Green Bay game — which would have been great — wouldn’t have drawn the ratings the network needed to meet its guarantees to advertisers. Television commercials are sold based on ratings guarantees. When the programs don’t meet the targets, the networks have to “make good” by giving away commercial time on other programs.

The one problem for Fox may be the Super Bowl game itself, which have at times been blowouts. This one won’t be much different. Sorry Giants fans, the Patriots are going to go undefeated. News Corp shareholders are probably hoping that the game is at least interesting enough for people to watch the $1 million commercials.

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Though we still don’t know exactly what happened, IncrediMail (NASDAQ: MAIL) announced today that it has been re-instated by Google (NASDAQ: GOOG) as an AdSense On the internet customer. As a reminder, about two weeks ago, in a shocking announcement, IncrediMail was let go by Google as an AdSense customer. In response, IncrediMail stock has gotten crushed. Though Q1 ‘08 is sure to be bad, as AdSense is a major revenue driver for the Israeli company, I would anticipate them to get back on track moving forward.

“We are pleased to be able to resolve this setback so swiftly and in such a positive way,” said Yaron Adler, IncrediMail’s CEO. “Google’s co-operation in re-instating our account, together with the feedback we’ve received from other search engine companies, makes us more optimistic than ever regarding the potential of the search business to drive our results, validating our long-term growth strategies.”

While I think that there are still problems at the internet firm, after what it did to get shut down in the first place, at current levels the stock actually looks attractive.

Aaron Katsman is the lead Portfolio Manager and Managing Director of America Israel Investment Associates, LLC. and Senior Editor of IsraelNewsletter.com. DISCLOSURE: Writer has no positions in any stock mentioned as of 1/21/08

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