In 1759, Arthur Guinness founded his famous brewery at St. James's Gate in Dublin.
In 1775, during the Revolutionary War, the cheap moncler British repulsed an attack by Continental Army generals Richard Montgomery and Benedict Arnold at Quebec; Montgomery was killed.
In 1879, Thomas Edison first publicly demonstrated his electric incandescent light in Menlo Park, N.J.
In 1909, the Manhattan Bridge, spanning the East River between Manhattan and Brooklyn, was officially opened to vehicular traffic.
In 1946, President Harry S. Truman officially proclaimed the end of hostilities in World War II.
In 1961, the Green Bay Packers shut out the New York Giants 37-0 to win the National Football League Championship.
In 1969, Joseph A. Yablonski, an unsuccessful candidate for the presidency of the United Mine Workers of America, was shot to death with his wife and daughter in their Clarksville, Pa., home by hitmen acting at the orders of UMWA president Tony Boyle.
In 1985, singer Rick Nelson, 45, and six other people were killed when fire broke out aboard a DC-3 that was taking the group to a New Year's Eve performance in Dallas.
In 1986, 97 people were killed when fire broke out in the Dupont Plaza Hotel in San Juan, Puerto Rico. (Three hotel workers later pleaded guilty in connection with the blaze.)
In 1991, representatives of the government of El Salvador cheap jackets for men and rebels reached agreement at the United Nations on a peace accord to end 12 years of civil war.
Ten years ago: New York City Mayor Rudolph Giuliani spent his final day in office praising police, firefighters, and other city employees in the wake of 9/11, and said he had no regrets about returning to private life. Notre Dame tapped Tyrone Willingham to be its football coach, replacing George O'Leary, who'd resigned because of misstatements about his academic and athletic achievements on his resume; Willingham became the first black head coach in any sport for the Irish. Actress Eileen Heckart died in Norwalk, Conn., at age 82.
Five years ago: The death toll for Americans killed in the Iraq war reached 3,000. Hundreds of Iraqis flocked to the village of Ouja (OO'-juh) where Saddam Hussein was born to see the deposed leader buried in a religious compound 24 hours after his execution. Ordinary Americans paid their respects to former President Gerald R. Ford, walking slowly by his flag-covered casket in the U.S. Capitol.
One year ago: Tornadoes fueled by unusually warm air pummeled the South and Midwest, killing a total of eight people in Arkansas and Missouri. The body of federal defense consultant John Wheeler III, 66, was found in a Wilmington, Del., landfill; his death, ruled a homicide, Moncler Women Vest - Cheap Moncler Jackets remains under investigation.
2011年12月30日星期五
2011年12月29日星期四
Moncler can be a expert manufactory
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2011年12月28日星期三
Zaheer Khan made the breakthrough India
Hilfenhaus claimed his sixth wicket cheap moncler jackets of the match when Virender Sehwag was caught by Mike Hussey in the gully for 7, as India looks to produce the best second-innings run chase at the Melbourne Cricket Ground since South Africa made 297-4 in 1953.
James Pattinson (37) and Ben Hilfenhaus (14) shared a defiant 43-run partnership for the last wicket before Hilfenhaus sent an outside edge to V.V.S. Laxman off an Ishant Sharma ball to end Australia's second innings on 240.
Zaheer Khan made the breakthrough India dearly needed early in the session when Hussey offered an outside edge to wicketkeeper Mahendra Singh Dhoni.
Gautam Gambhir was on 6 with Rahul Dravid on 5 at lunch.
Hussey made an Australia top-score of 89 with nine boundaries from his 151 balls, and shared a 31-run partnership with Pattinson.
Hussey and Ricky Ponting made an innings-saving 115-run partnership Wednesday after a top-order collapse left Australia in disarray on 27-4.The government's General Statistics Office said Thursday that the country's economy has maintained "reasonable" growth at 5.9 percent despite global and domestic economic turbulence. Vietnam's economic growth in 2010 was 6.8 percent.
Inflation of 2011 doubled to 18.6 percent from 9.2 percent a year earlier. The trade deficit stood at $9.5 billion, down from $12.6 billion from a year ago.
The shooting occurred around 5:25 a.m. Wednesday, new jackets for men 2011 after the suspect's brother reported that Pitts was at his home, brandishing the ax and making threatening comments. The troopers soon arrived and found Pitts at the nearby home of another relative, and the shooting soon occurred.
Pitts remained hospitalized Wednesday night and couldn't be reached for comment. His bail was set at $200,000 cash.
The incident is a major setback for the Sea Shepherd Conservation Society, which is chasing the whaling fleet in the hopes of interrupting Japan's annual hunt.
Sea Shepherd founder Paul Watson told The Associated Press on Thursday that a rogue wave cracked the hull of its scout vessel Brigitte Bardot. Watson's boat, Moncler Kids Down Jacket - Cheap Moncler Jackets the Steve Irwin, was making its way through rough seas to help the stricken ship on Thursday.
James Pattinson (37) and Ben Hilfenhaus (14) shared a defiant 43-run partnership for the last wicket before Hilfenhaus sent an outside edge to V.V.S. Laxman off an Ishant Sharma ball to end Australia's second innings on 240.
Zaheer Khan made the breakthrough India dearly needed early in the session when Hussey offered an outside edge to wicketkeeper Mahendra Singh Dhoni.
Gautam Gambhir was on 6 with Rahul Dravid on 5 at lunch.
Hussey made an Australia top-score of 89 with nine boundaries from his 151 balls, and shared a 31-run partnership with Pattinson.
Hussey and Ricky Ponting made an innings-saving 115-run partnership Wednesday after a top-order collapse left Australia in disarray on 27-4.The government's General Statistics Office said Thursday that the country's economy has maintained "reasonable" growth at 5.9 percent despite global and domestic economic turbulence. Vietnam's economic growth in 2010 was 6.8 percent.
Inflation of 2011 doubled to 18.6 percent from 9.2 percent a year earlier. The trade deficit stood at $9.5 billion, down from $12.6 billion from a year ago.
The shooting occurred around 5:25 a.m. Wednesday, new jackets for men 2011 after the suspect's brother reported that Pitts was at his home, brandishing the ax and making threatening comments. The troopers soon arrived and found Pitts at the nearby home of another relative, and the shooting soon occurred.
Pitts remained hospitalized Wednesday night and couldn't be reached for comment. His bail was set at $200,000 cash.
The incident is a major setback for the Sea Shepherd Conservation Society, which is chasing the whaling fleet in the hopes of interrupting Japan's annual hunt.
Sea Shepherd founder Paul Watson told The Associated Press on Thursday that a rogue wave cracked the hull of its scout vessel Brigitte Bardot. Watson's boat, Moncler Kids Down Jacket - Cheap Moncler Jackets the Steve Irwin, was making its way through rough seas to help the stricken ship on Thursday.
2011年12月27日星期二
Some U.S. manufacturers from China
The United States also chided Japan for stepping into the currency market to stem the yen's rise, and urged South Korea to use such interventions cheap jackets for women sparingly.
Some U.S. politicians have argued that China has gained an unfair competitive edge in global markets by keeping the yuan artificially low to boost exports, and pressure has mounted in Congress for President Barack Obama to punish China.
But the administration prefers to tread softly and use diplomacy. The U.S. Treasury, in a semi-annual report, as usual said that statutes covering a designation of currency manipulator "have not been met with respect to China."
It repeated its standard line that appreciation in the yuan has been too slow, calling it "insufficient."
"Treasury will closely monitor the pace of appreciation and press for policy changes that yield greater exchange rate flexibility, a level playing field, and a sustained shift to domestic demand-led growth," it said in the report to Congress on international economic and exchange rate policies.
The value of the yuan, which Beijing manages closely, has risen 4 percent against the dollar this year and 7.7 percent since China dropped a firm peg against the greenback in June 2010. The Peterson Institute for International Economics recently estimated the yuan was undervalued by 24 percent against the dollar, down from 28 percent earlier in the year. It attributed the change to both Beijing's policy of gradual currency appreciation and higher Chinese inflation.
At the heart of the friction between the two countries is a U.S. trade deficit with China that swelled in 2010 to a record $273.1 billion from about $226.9 billion in 2009. The cumulative Jan-Oct deficit with China is on track to top that this year, running at around $245.5 billion.
The U.S. Senate this year for the first time passed a bill that would require the administration to slap penalties on Chinese imports if it fails to adopt market-based exchange rates. While the measure has made no progress in the lower chamber and is unlikely to become law, it shows the mounting U.S. frustration with its vital trade partner.
President Obama at the November APEC meetings, in his toughest words yet, told President Hu Jintao that China must play by global trade rules and act like "a grown-up."
Beijing has warned the United States not to "politicize" the currency issue, and some economists have pointed out that nations such as Japan and Switzerland have intervened in currency markets without drawing Washington's ire.
TARGETING TOKYO
The report did point the finger at Japan this time, criticizing Tokyo for its solo yen-selling interventions in August and October that followed a joint Group of 7 action in the aftermath of the March 11 earthquake.
"The unilateral Japanese interventions were undertaken when exchange market conditions appeared to be operating in an orderly manner and volatility in the yen-dollar exchange rate was lower than, for example, the euro-dollar market," the report said.
"In contrast to the post-earthquake joint G7 intervention in March, the United States did not support these interventions," the Treasury said, adding that Tokyo cheap moncler should pursue reforms to revive its domestic economy rather than try to influence the exchange rate.
A senior Japanese government official said the report did not change Tokyo's position that its currency policy was in line with G7 agreements.
"This report does not make it more difficult for Japan to intervene," said the official, who spoke on condition of anonymity due to the sensitivity of the topic. "We are committed to doing whatever is necessary."
Japanese exporters have complained that the ultra-strong yen puts them at a competitive disadvantage. The yen was trading at just under 78 to the U.S. dollar on Wednesday morning, about 3 percent weaker than it was on October 31, when Tokyo aggressively intervened to cap the rise.
The report also noted that South Korean authorities "should limit their FX interventions to exceptional circumstances of disorderly market conditions and adopt a greater degree of exchange rate flexibility."
MORE OF THE SAME
Treasury Secretary Timothy Geithner has said the law on the FX report, which requires the administration to determine whether U.S. trade partners are deliberately undervaluing their currencies, is a poor tool to push Beijing on the yuan.
Instead, the United States prefers to argue for change at regular closed-door meetings with Chinese officials. It also uses international economic forums, such as the Group of 20 leading nations and the International Monetary Fund, to ramp up public pressure on Beijing to move more quickly to a more-flexible currency.
China is the biggest foreign holder of U.S. Treasuries, with about $1.1 trillion, a position that gives it leverage in international economic negotiations. Foreign exchange traders had not expected a change of U.S. tactics.
"It's not very surprising. It's sort of sliding it in under the radar. They're (Treasury) really not in a position to make any major moves at this point," said Sean Incremona, an economist at 4Cast in New York.
The Treasury Department has not labeled a country a currency manipulator since July 1994, when it cited China. A designation would require the United States to step up negotiations with Beijing on the yuan's value.
The yuan slipped on Tuesday as strong dollar demand from corporations offset a record high mid-point fixed by the People's Bank of China. The central bank set an all-time high dollar/yuan mid-point in an apparent move to let the yuan rise a little more at the end of 2011 so as to make the yuan's full-year nominal appreciation look bigger, traders said.
Some U.S. manufacturers, which have been hit hardest by competition from China and other emerging economies, would still prefer the U.S. government to take a harder line.
"China's currency is still enormously undervalued," said Scott Paul, executive director of the Alliance for American Manufacturing, an industry lobby for hard-hit textile,Moncler Handbags,moncler handbags calfskin,moncler women Handbags on sale steel and labor groups.
Some U.S. politicians have argued that China has gained an unfair competitive edge in global markets by keeping the yuan artificially low to boost exports, and pressure has mounted in Congress for President Barack Obama to punish China.
But the administration prefers to tread softly and use diplomacy. The U.S. Treasury, in a semi-annual report, as usual said that statutes covering a designation of currency manipulator "have not been met with respect to China."
It repeated its standard line that appreciation in the yuan has been too slow, calling it "insufficient."
"Treasury will closely monitor the pace of appreciation and press for policy changes that yield greater exchange rate flexibility, a level playing field, and a sustained shift to domestic demand-led growth," it said in the report to Congress on international economic and exchange rate policies.
The value of the yuan, which Beijing manages closely, has risen 4 percent against the dollar this year and 7.7 percent since China dropped a firm peg against the greenback in June 2010. The Peterson Institute for International Economics recently estimated the yuan was undervalued by 24 percent against the dollar, down from 28 percent earlier in the year. It attributed the change to both Beijing's policy of gradual currency appreciation and higher Chinese inflation.
At the heart of the friction between the two countries is a U.S. trade deficit with China that swelled in 2010 to a record $273.1 billion from about $226.9 billion in 2009. The cumulative Jan-Oct deficit with China is on track to top that this year, running at around $245.5 billion.
The U.S. Senate this year for the first time passed a bill that would require the administration to slap penalties on Chinese imports if it fails to adopt market-based exchange rates. While the measure has made no progress in the lower chamber and is unlikely to become law, it shows the mounting U.S. frustration with its vital trade partner.
President Obama at the November APEC meetings, in his toughest words yet, told President Hu Jintao that China must play by global trade rules and act like "a grown-up."
Beijing has warned the United States not to "politicize" the currency issue, and some economists have pointed out that nations such as Japan and Switzerland have intervened in currency markets without drawing Washington's ire.
TARGETING TOKYO
The report did point the finger at Japan this time, criticizing Tokyo for its solo yen-selling interventions in August and October that followed a joint Group of 7 action in the aftermath of the March 11 earthquake.
"The unilateral Japanese interventions were undertaken when exchange market conditions appeared to be operating in an orderly manner and volatility in the yen-dollar exchange rate was lower than, for example, the euro-dollar market," the report said.
"In contrast to the post-earthquake joint G7 intervention in March, the United States did not support these interventions," the Treasury said, adding that Tokyo cheap moncler should pursue reforms to revive its domestic economy rather than try to influence the exchange rate.
A senior Japanese government official said the report did not change Tokyo's position that its currency policy was in line with G7 agreements.
"This report does not make it more difficult for Japan to intervene," said the official, who spoke on condition of anonymity due to the sensitivity of the topic. "We are committed to doing whatever is necessary."
Japanese exporters have complained that the ultra-strong yen puts them at a competitive disadvantage. The yen was trading at just under 78 to the U.S. dollar on Wednesday morning, about 3 percent weaker than it was on October 31, when Tokyo aggressively intervened to cap the rise.
The report also noted that South Korean authorities "should limit their FX interventions to exceptional circumstances of disorderly market conditions and adopt a greater degree of exchange rate flexibility."
MORE OF THE SAME
Treasury Secretary Timothy Geithner has said the law on the FX report, which requires the administration to determine whether U.S. trade partners are deliberately undervaluing their currencies, is a poor tool to push Beijing on the yuan.
Instead, the United States prefers to argue for change at regular closed-door meetings with Chinese officials. It also uses international economic forums, such as the Group of 20 leading nations and the International Monetary Fund, to ramp up public pressure on Beijing to move more quickly to a more-flexible currency.
China is the biggest foreign holder of U.S. Treasuries, with about $1.1 trillion, a position that gives it leverage in international economic negotiations. Foreign exchange traders had not expected a change of U.S. tactics.
"It's not very surprising. It's sort of sliding it in under the radar. They're (Treasury) really not in a position to make any major moves at this point," said Sean Incremona, an economist at 4Cast in New York.
The Treasury Department has not labeled a country a currency manipulator since July 1994, when it cited China. A designation would require the United States to step up negotiations with Beijing on the yuan's value.
The yuan slipped on Tuesday as strong dollar demand from corporations offset a record high mid-point fixed by the People's Bank of China. The central bank set an all-time high dollar/yuan mid-point in an apparent move to let the yuan rise a little more at the end of 2011 so as to make the yuan's full-year nominal appreciation look bigger, traders said.
Some U.S. manufacturers, which have been hit hardest by competition from China and other emerging economies, would still prefer the U.S. government to take a harder line.
"China's currency is still enormously undervalued," said Scott Paul, executive director of the Alliance for American Manufacturing, an industry lobby for hard-hit textile,Moncler Handbags,moncler handbags calfskin,moncler women Handbags on sale steel and labor groups.
2011年12月26日星期一
As a freelance copywriter
As a freelance copywriter, you have moncler 2011 ready-made skills to hand that will enable you to market your website in highly effective ways.By using your most deft copywriting techniques – including sleight of hand and a little keyword juggling – you’ll race up Google’s rankings faster than you can say ‘search engine optimization’!In so many ways, the freelance copywriter’s time has come – thanks largely to the ascendancy of the Internet. For long enough, copywriting was regarded as rather quaint in the so-called ‘visual age’ where everyone watches TV and is exposed continually to sophisticated packaging and product design.
Today, where the accepted Internet marketing mantra is content is king a freelance copywriter can market his or her website using the same skill-sets that their site is promoting – namely, website copywriting, news releases, article and blog writing. How neat is that?And how ‘neat’ is it that freelance copywriters get to practise all this on their clients’ projects before a single word has been written in anger for themselves!If you’re relatively new to freelance copywriting – or you’ve only recently joined the Internet marketing world after a prolonged Rip Van Winkle period – it’s important to understand the synergies that exist when using online copywriting methods.
Underlying ‘all-things-marketing’ on the web – from website copy to articles to blogs to Google AdWords and AdSense – is the assumption that the ‘right’ keywords are being used in both sufficient quantity and density.In other words, your copy should be ‘optimized’ to attract search engine attention to everything you write. Only by being ‘visible’ in this way can you hope to enjoy respectable rankings for your website.This in turn may be based on the inbound links from your news releases and articles which again should be targeted, wherever possible, at publishers who are well-ranked in their own right on search engines.
Likewise, it’s important to make sure that a specified URL or ‘landing page’ carries all the relevant keywords to link successfully with a Google AdWords advertising campaign, whilst the potential revenue which can accrue from AdSense programmes is determined in part by high-paying keywords as well as high site traffic and click-through rates.The theme of ‘optimized’ copy and cheap moncler jackets relevant keywords continues remorselessly into the world of article marketing. Whilst the standing of the various online directories is a factor in ranking the quality of inbound links to your website, the uptake of articles by search engines is also related to keyword relevance.
On the face of it, all this may seem like ‘connectability’ for its own sake and without any underlying rationale. The fact is, a definite structure has evolved to accommodate the various Internet marketing activities and this can be found online in the convenient shape of online directories which act as a repository for websites, articles and blogs.The thousands of directories on the web represent endless marketing opportunities for freelance copywriters, limited only by the diligence and dedication of the copywriters concerned.
To understand the marketing dynamics of all this activity, it’s important to stand back and reflect on the whole search engine phenomenon.Basically, it’s all about matching the needs of searchers with those websites that offer the most relevant products and services. As a freelance copywriter, your website will fit neatly into the grand scheme of things.Its success – or ‘visibility’ to search engines – will be determined not only by how well you understand the big picture.Moncler Jackets Women,Moncler Jackets for Women,cheap jackets for women shop online. It’s also to do with appreciating how the various components such as articles, blogs and the rest can be promoted in their own right to best market your website and your expertise as a freelance copywriter.
Today, where the accepted Internet marketing mantra is content is king a freelance copywriter can market his or her website using the same skill-sets that their site is promoting – namely, website copywriting, news releases, article and blog writing. How neat is that?And how ‘neat’ is it that freelance copywriters get to practise all this on their clients’ projects before a single word has been written in anger for themselves!If you’re relatively new to freelance copywriting – or you’ve only recently joined the Internet marketing world after a prolonged Rip Van Winkle period – it’s important to understand the synergies that exist when using online copywriting methods.
Underlying ‘all-things-marketing’ on the web – from website copy to articles to blogs to Google AdWords and AdSense – is the assumption that the ‘right’ keywords are being used in both sufficient quantity and density.In other words, your copy should be ‘optimized’ to attract search engine attention to everything you write. Only by being ‘visible’ in this way can you hope to enjoy respectable rankings for your website.This in turn may be based on the inbound links from your news releases and articles which again should be targeted, wherever possible, at publishers who are well-ranked in their own right on search engines.
Likewise, it’s important to make sure that a specified URL or ‘landing page’ carries all the relevant keywords to link successfully with a Google AdWords advertising campaign, whilst the potential revenue which can accrue from AdSense programmes is determined in part by high-paying keywords as well as high site traffic and click-through rates.The theme of ‘optimized’ copy and cheap moncler jackets relevant keywords continues remorselessly into the world of article marketing. Whilst the standing of the various online directories is a factor in ranking the quality of inbound links to your website, the uptake of articles by search engines is also related to keyword relevance.
On the face of it, all this may seem like ‘connectability’ for its own sake and without any underlying rationale. The fact is, a definite structure has evolved to accommodate the various Internet marketing activities and this can be found online in the convenient shape of online directories which act as a repository for websites, articles and blogs.The thousands of directories on the web represent endless marketing opportunities for freelance copywriters, limited only by the diligence and dedication of the copywriters concerned.
To understand the marketing dynamics of all this activity, it’s important to stand back and reflect on the whole search engine phenomenon.Basically, it’s all about matching the needs of searchers with those websites that offer the most relevant products and services. As a freelance copywriter, your website will fit neatly into the grand scheme of things.Its success – or ‘visibility’ to search engines – will be determined not only by how well you understand the big picture.Moncler Jackets Women,Moncler Jackets for Women,cheap jackets for women shop online. It’s also to do with appreciating how the various components such as articles, blogs and the rest can be promoted in their own right to best market your website and your expertise as a freelance copywriter.
2011年12月15日星期四
Angie’s List Inc, the Indianapolis-based operator of a consumer-reviews website
The developer of games such as “CityVille,” “FarmVille” and cheap moncler jackets sold 100 million shares for $10 each, according to data compiled by Bloomberg. Zynga had offered the stock for $8.50 to $10 apiece. It will start trading today on the Nasdaq Stock Market under the symbol ZNGA.
The offering is the biggest by a U.S. Internet company since Google Inc. raised $1.9 billion in its 2004 IPO, Bloomberg data show. The game maker’s increasing ubiquity and expansion prospects appeal to investors, according to Colin Sebastian, an analyst at Robert W. Baird & Co. in San Francisco.
“Zynga and its games are becoming consumer brands and there is a lot of recognition for growth potential,” he said. “My guess is that the shares will be well-received.”
Founded by Chief Executive Officer Mark Pincus in 2007, Zynga doubled sales to $829 million in the first nine months of 2011. The IPO values Zynga at as much as $7 billion, or 6.8 times revenue in the year through Sept. 30. That’s more than three times rival Electronic Arts Inc.’s price relative to sales over the same period.
Electronic Arts, based in Redwood City, California, bolstered its own online services by purchasing PopCap Games this year. EA, the maker of “The Sims” and “Scrabble” for mobile devices had a market value of $6.9 billion, or about 1.8 times trailing 12-month sales.
‘More Competition’
Nexon Co., a Tokyo-based maker of games for Facebook including “Zombie Misfits,” started trading this week after raising $1.2 billion in an IPO, Japan’s biggest this year.
“You’re definitely going to see more competition” for Zynga as other companies expand their user bases, said Richard Greenfield, an analyst at BTIG LLC in New York. “On the other hand, I think it’s also going to bring more people into the overall social gaming space.”
Zynga planned to offer about 14 percent of its common stock, according to a regulatory filing. That compares with less than 10 percent for companies including Groupon Inc., LinkedIn Corp.,white jackets for men and Pandora Media Inc., which made their public debuts this year. Internet companies have used smaller free floats to boost initial demand for their stock, pushing the price higher.
Avalon Ventures, Google
Zynga planned to sell all of the shares in the IPO, and to use net proceeds of about $889 million for game development, marketing and general corporate purposes.
Backers including Avalon Ventures, Foundry Group and Google may trim their stakes if underwriters exercise an over-allotment to buy 15 million additional shares, according to the original terms of the offering. Venture firm Kleiner Perkins Caufield & Byers, Zynga’s biggest shareholder after Pincus, didn’t plan to sell shares in the IPO.
The market value Zynga sought in its IPO was less than a $14.1 billion fair-value estimate of the company’s worth as of August, according to the prospectus. The company settled on a price range after taking into account recent IPOs that underperformed, according to a Dec. 10 filing. Morgan Stanley and Goldman Sachs Group Inc. led Zynga’s offering.
Social Media
Groupon, the Chicago-based provider of online coupons, raised $805 million in its IPO last month, including the over- allotment option. The shares, which surged as much as 31 percent in the first weeks of trading, have since fallen 12 percent from their high.
Angie’s List Inc., the Indianapolis-based operator of a consumer-reviews website, raised $132 million in its IPO last month, including an over-allotment. The stock surged in its first day of trading before falling as much as 11 percent below its offer price.
Both Groupon and Angie’s List are trading above their offer prices. Sixty percent of the Internet or social-media companies that completed U.S. IPOs since 2010 are trading below offer price, Kevin Pleines, an analyst at Birinyi Associates Inc. in Westport, Connecticut, said in a Dec. 13 research note. Buyers of the shares at their opening trade in the public market have lost an average of 32 percent, Pleines said.
Zynga gets more than 90 percent of its revenue from Palo Alto, California-based Facebook, operator of the world’s largest social network. Facebook is examining a $10 billion IPO that would value the company at more than $100 billion,moncler jackets for men a person with knowledge of the matter said last month.
The offering is the biggest by a U.S. Internet company since Google Inc. raised $1.9 billion in its 2004 IPO, Bloomberg data show. The game maker’s increasing ubiquity and expansion prospects appeal to investors, according to Colin Sebastian, an analyst at Robert W. Baird & Co. in San Francisco.
“Zynga and its games are becoming consumer brands and there is a lot of recognition for growth potential,” he said. “My guess is that the shares will be well-received.”
Founded by Chief Executive Officer Mark Pincus in 2007, Zynga doubled sales to $829 million in the first nine months of 2011. The IPO values Zynga at as much as $7 billion, or 6.8 times revenue in the year through Sept. 30. That’s more than three times rival Electronic Arts Inc.’s price relative to sales over the same period.
Electronic Arts, based in Redwood City, California, bolstered its own online services by purchasing PopCap Games this year. EA, the maker of “The Sims” and “Scrabble” for mobile devices had a market value of $6.9 billion, or about 1.8 times trailing 12-month sales.
‘More Competition’
Nexon Co., a Tokyo-based maker of games for Facebook including “Zombie Misfits,” started trading this week after raising $1.2 billion in an IPO, Japan’s biggest this year.
“You’re definitely going to see more competition” for Zynga as other companies expand their user bases, said Richard Greenfield, an analyst at BTIG LLC in New York. “On the other hand, I think it’s also going to bring more people into the overall social gaming space.”
Zynga planned to offer about 14 percent of its common stock, according to a regulatory filing. That compares with less than 10 percent for companies including Groupon Inc., LinkedIn Corp.,white jackets for men and Pandora Media Inc., which made their public debuts this year. Internet companies have used smaller free floats to boost initial demand for their stock, pushing the price higher.
Avalon Ventures, Google
Zynga planned to sell all of the shares in the IPO, and to use net proceeds of about $889 million for game development, marketing and general corporate purposes.
Backers including Avalon Ventures, Foundry Group and Google may trim their stakes if underwriters exercise an over-allotment to buy 15 million additional shares, according to the original terms of the offering. Venture firm Kleiner Perkins Caufield & Byers, Zynga’s biggest shareholder after Pincus, didn’t plan to sell shares in the IPO.
The market value Zynga sought in its IPO was less than a $14.1 billion fair-value estimate of the company’s worth as of August, according to the prospectus. The company settled on a price range after taking into account recent IPOs that underperformed, according to a Dec. 10 filing. Morgan Stanley and Goldman Sachs Group Inc. led Zynga’s offering.
Social Media
Groupon, the Chicago-based provider of online coupons, raised $805 million in its IPO last month, including the over- allotment option. The shares, which surged as much as 31 percent in the first weeks of trading, have since fallen 12 percent from their high.
Angie’s List Inc., the Indianapolis-based operator of a consumer-reviews website, raised $132 million in its IPO last month, including an over-allotment. The stock surged in its first day of trading before falling as much as 11 percent below its offer price.
Both Groupon and Angie’s List are trading above their offer prices. Sixty percent of the Internet or social-media companies that completed U.S. IPOs since 2010 are trading below offer price, Kevin Pleines, an analyst at Birinyi Associates Inc. in Westport, Connecticut, said in a Dec. 13 research note. Buyers of the shares at their opening trade in the public market have lost an average of 32 percent, Pleines said.
Zynga gets more than 90 percent of its revenue from Palo Alto, California-based Facebook, operator of the world’s largest social network. Facebook is examining a $10 billion IPO that would value the company at more than $100 billion,moncler jackets for men a person with knowledge of the matter said last month.
That's a well-organized pattern of destabilizing society
In blustery remarks likely cheap moncler jackets for women to further fuel anger against his 12-year rule, Putin insisted the Dec. 4 parliamentary election, which drew allegations of fraud and triggered the largest protests in Russia in 20 years, was a genuine reflection of the people's will. He sought to put a positive spin on the protests that dented his power and threatened his bid to reclaim presidency in next March's vote, saying they reflected a rise in public activity that he welcomes.
But in a characteristic move, he accused protest organizers of working to destabilize the country on orders from the West.
"That's a well-organized pattern of destabilizing society," Putin said in a call-in TV show.
Last week, Putin dismissed criticism of the vote by U.S. Secretary of State Hillary Clinton as part of U.S. efforts to weaken Russia.
"They still fear our nuclear potential," he said. "We also carry an independent foreign policy, and, of course, it's an impediment for some."
Previous editions of the annual national call-in show have been largely an opportunity for Putin to brag for hours about improvements in the country, but this one was unusually confrontational. Both callers and studio participants repeatedly raised questions about the election, the anti-fraud protests and the country's repression of opposition groupings.
In the vote, Putin's United Russia party lost about 20 percent of its seats in the election and no longer has the two-thirds majority that allowed it to change constitution at will in the previous parliament. It barely retained a majority in the State Duma, and opposition parties and some vote monitors said even that result was inflated by ballot-stuffing and other violations.
The opposition is calling for the parliamentary election to be annulled and rerun. Putin's insistence the election was valid indicates no immediate resolution to Russia's political tensions is in sight.
The unprecedented wave of protest poses a significant challenge to Putin less than three months before presidential elections in which he seeks to return to the Kremlin.
Putin alleged the organizers of Saturday's demonstration by tens of thousands in Moscow had paid some participants, calling them sheep. He also unleashed his occasional penchant for dismissive and earthy remarks, when asked about the white ribbons that have been adopted by many as a protest symbol.
Putin said when he saw the protest footage on television, he thought the demonstrators "put some condoms" on their sleeves to promote safe sex.
The harsh comments and his insistence that the Dec. 4 election was valid will likely fuel anger and may draw even bigger crowds for protests later this month.
Putin also lashed out at U.S. Sen. John McCain,white jackets who had goaded him with a Twitter post saying "the Arab Spring is coming to a neighborhood near you."
"He has the blood of peaceful civilians on his hands, and he can't live without the kind of disgusting, repulsive scenes like the killing of Gadhafi," Putin said, referring to McCain's role as a combat pilot and prisoner of war in Vietnam.
"Mr. McCain was captured and they kept him not just in prison, but in a pit for several years," he said. "Anyone (in his place) would go nuts."
Putin said the results of Russia's parliamentary election properly reflected the people's will, and that the opposition had alleged vote fraud purely to strengthen its position.
"The results of this election undoubtedly reflect the real balance of power in the country," he said on the TV show. "It's very good that United Russia has preserved its leading position."
He added that a drop in support for his party was a natural result of the global financial crisis of 2008, which has taken its toll on Russians.
Putin brushed off the vote fraud claims as part of the opposition's maneuvering ahead of the presidential election, and said any complaints should go to the courts. He alleged that some protest leaders have been acting at Western behest to weaken Russia.
"The opposition goal's is to fight for power, and it's looking for every chance to advance," he said, insisting the vote results genuinely reflected the people's will.
The opposition has been energized by the huge Moscow protest and simultaneous rallies in some 60 other cities. It also senses a new weakness in United Russia — blamed for a good amount of the corruption that plagues Russia — that has dented Putin's power.
Putin sought to counter public discontent with the alleged fraud by proposing Thursday to place web cameras at each of Russia's more than 90,000 polling stations by the March 4 presidential vote.
"Let them be there next to every ballot box to avoid any falsifications," he said.
Asked about the presidential bid by one of Russia's richest tycoons, Mikhail Prokhorov, Putin said he would welcome a strong competitor. The 46-year-old Prokhorov, estimated to be worth $18 billion, made his fortune in metals, banking and media. He also owns 80 percent in the New Jersey Nets.
Prokhorov said Thursday that his first move if elected will be to pardon jailed tycoon Mikhail Khodorkovsky, who has been in jail since 2003 on tax evasion and fraud charges widely seen as a punishment for defying Putin's power. Khodorkovsky was once Russia's richest man.
Prokhorov also vowed to allow free registration of opposition parties and restore popular elections of provincial governors if he wins the March vote.
Putin has marginalized opposition forces, tightened election rules and abolished direct elections of governors.
Putin defended those moves as necessary to prevent criminal clans and separatist forces from dominating the gubernatorial elections, but suggested that he may allow their election in the future. He said candidates for governors still should be nominated by the president, but could then be put to a direct popular vote jackets for men.
But in a characteristic move, he accused protest organizers of working to destabilize the country on orders from the West.
"That's a well-organized pattern of destabilizing society," Putin said in a call-in TV show.
Last week, Putin dismissed criticism of the vote by U.S. Secretary of State Hillary Clinton as part of U.S. efforts to weaken Russia.
"They still fear our nuclear potential," he said. "We also carry an independent foreign policy, and, of course, it's an impediment for some."
Previous editions of the annual national call-in show have been largely an opportunity for Putin to brag for hours about improvements in the country, but this one was unusually confrontational. Both callers and studio participants repeatedly raised questions about the election, the anti-fraud protests and the country's repression of opposition groupings.
In the vote, Putin's United Russia party lost about 20 percent of its seats in the election and no longer has the two-thirds majority that allowed it to change constitution at will in the previous parliament. It barely retained a majority in the State Duma, and opposition parties and some vote monitors said even that result was inflated by ballot-stuffing and other violations.
The opposition is calling for the parliamentary election to be annulled and rerun. Putin's insistence the election was valid indicates no immediate resolution to Russia's political tensions is in sight.
The unprecedented wave of protest poses a significant challenge to Putin less than three months before presidential elections in which he seeks to return to the Kremlin.
Putin alleged the organizers of Saturday's demonstration by tens of thousands in Moscow had paid some participants, calling them sheep. He also unleashed his occasional penchant for dismissive and earthy remarks, when asked about the white ribbons that have been adopted by many as a protest symbol.
Putin said when he saw the protest footage on television, he thought the demonstrators "put some condoms" on their sleeves to promote safe sex.
The harsh comments and his insistence that the Dec. 4 election was valid will likely fuel anger and may draw even bigger crowds for protests later this month.
Putin also lashed out at U.S. Sen. John McCain,white jackets who had goaded him with a Twitter post saying "the Arab Spring is coming to a neighborhood near you."
"He has the blood of peaceful civilians on his hands, and he can't live without the kind of disgusting, repulsive scenes like the killing of Gadhafi," Putin said, referring to McCain's role as a combat pilot and prisoner of war in Vietnam.
"Mr. McCain was captured and they kept him not just in prison, but in a pit for several years," he said. "Anyone (in his place) would go nuts."
Putin said the results of Russia's parliamentary election properly reflected the people's will, and that the opposition had alleged vote fraud purely to strengthen its position.
"The results of this election undoubtedly reflect the real balance of power in the country," he said on the TV show. "It's very good that United Russia has preserved its leading position."
He added that a drop in support for his party was a natural result of the global financial crisis of 2008, which has taken its toll on Russians.
Putin brushed off the vote fraud claims as part of the opposition's maneuvering ahead of the presidential election, and said any complaints should go to the courts. He alleged that some protest leaders have been acting at Western behest to weaken Russia.
"The opposition goal's is to fight for power, and it's looking for every chance to advance," he said, insisting the vote results genuinely reflected the people's will.
The opposition has been energized by the huge Moscow protest and simultaneous rallies in some 60 other cities. It also senses a new weakness in United Russia — blamed for a good amount of the corruption that plagues Russia — that has dented Putin's power.
Putin sought to counter public discontent with the alleged fraud by proposing Thursday to place web cameras at each of Russia's more than 90,000 polling stations by the March 4 presidential vote.
"Let them be there next to every ballot box to avoid any falsifications," he said.
Asked about the presidential bid by one of Russia's richest tycoons, Mikhail Prokhorov, Putin said he would welcome a strong competitor. The 46-year-old Prokhorov, estimated to be worth $18 billion, made his fortune in metals, banking and media. He also owns 80 percent in the New Jersey Nets.
Prokhorov said Thursday that his first move if elected will be to pardon jailed tycoon Mikhail Khodorkovsky, who has been in jail since 2003 on tax evasion and fraud charges widely seen as a punishment for defying Putin's power. Khodorkovsky was once Russia's richest man.
Prokhorov also vowed to allow free registration of opposition parties and restore popular elections of provincial governors if he wins the March vote.
Putin has marginalized opposition forces, tightened election rules and abolished direct elections of governors.
Putin defended those moves as necessary to prevent criminal clans and separatist forces from dominating the gubernatorial elections, but suggested that he may allow their election in the future. He said candidates for governors still should be nominated by the president, but could then be put to a direct popular vote jackets for men.
2011年12月13日星期二
Miami computer salesman Cully Waggoner
Though she admits thumbing her phone while driving is bad habit, giubbotti moncler the University of Missouri student says drivers "are mature enough to understand when it is appropriate and when it is not."
The National Transportation Safety Board disagrees, and it declared Tuesday that texting, emailing or chatting while driving is simply too dangerous to be allowed anywhere in the United States.
The board is urging all states to impose total bans except for emergencies following recent deadly crashes, including one in Missouri after a teenager sent or received 11 text messages within 11 minutes.
The unanimous recommendation from the five-member board would apply even to hands-free devices, a much stricter rule than any current state law.
NTSB chairwoman Deborah Hersman acknowledged that complying would involve changing what has become ingrained behavior for many Americans.
"We're not here to win a popularity contest," she said. "No email, no text, no update, no call is worth a human life."
Currently, 35 states and the District of Columbia ban texting while driving, while nine states and Washington, D.C., bar hand-held cellphone use. Thirty states ban all cellphone use for beginning drivers. But enforcement is generally not a high priority, and no states ban the use of hands-free devices for all drivers.
The immediate impetus for the NTSB's recommendation was last year's deadly pileup near Gray Summit, Mo., involving a 19-year-old pickup driver.
The board said the initial collision was caused by the teen's inattention while texting a friend about events of the previous night. The pickup, traveling 55 mph, hit the back of a tractor truck that had slowed for highway construction. The pickup was rear-ended by a school bus, and a second school bus rammed into the back of the first bus.
The pickup driver and a 15-year-old student on one of the buses were killed. Thirty-eight other people were injured.
In Missouri, texting is illegal for drivers 21 and under, which means the law would have applied to the 19-year-old. But the ban isn't aggressively enforced, NTSB member Robert Sumwalt said.
"Without the enforcement, the laws don't mean a whole lot," he said.
The law didn't apply to 22-year-old Bishop when she was pulled over Monday night for swerving while texting on the University of Missouri campus.
She blames a late night and schoolwork. The officer who stopped her told her to put her phone in the back seat and sent her home with a warning.
"I definitely have the bad habit of tweeting and driving, texting and driving, and updating my Facebook status," Bishop said. "I probably shouldn't but the technology makes it too easy."
About two out of 10 American drivers overall — and half of drivers between 21 and 24 — say they've thumbed messages or emailed from the driver's seat, according to a survey of more than 6,000 drivers by the National Highway Traffic Safety Administration.
At any given moment last year on America's streets and highways,You don't need to go anywhere any more to find cheap Moncler Jackets.Here is your best choice. Our store +provided Moncler jackets are at high quality and low price.The cold winter you will be warm with Moncler jackets.We offer many cheap Moncler jackets such as Moncler men jackets, Moncler jackets for women,kids and so on.You can buy Moncler jackets you like at cheap price within our shop.Wish you have a happy shopping day! nearly one in every 100 car drivers was texting, emailing, surfing the Web or otherwise using a hand-held electronic device, the safety administration said. Those activities were up 50 percent over the previous year.
NTSB investigators said they are seeing increasing texting, cellphone calls and other distracting behavior by drivers in accidents involving all kinds of transportation. It has become routine to immediately request the preservation of cellphone and texting records when an investigation begins.
In the past few years, the board has investigated a train collision in which the engineer was texting that killed 25 people in Chatsworth, Calif., a fatal accident near Philadelphia in which a tugboat pilot was talking on his cellphone and using a laptop computer, and a Northwest Airlines flight that sped more than 100 miles past its destination because both pilots were working on their laptops.
Last year, a driver was dialing his cellphone when his truck crossed a highway median near Munford, Ind., and collided with a 15-passenger van. Eleven people were killed.
While the NTSB doesn't have the power to impose restrictions, its recommendations carry significant weight with federal regulators, Congress and state lawmakers. But the board's decision to include hands-free cellphone use in its recommendation is likely to prove especially controversial.
No states currently ban hand-free use, although many studies show that it is often as unsafe as hand-held phone use because drivers' minds are on their conversations rather than what's happening on the road.
Bike messenger Jesus Santa Rosa, 24, says he's seen a lot of accidents that are caused by people using their cellphones while he maneuvers through the streets of downtown Los Angeles.
"I've seen people taking red lights while they're looking down at their cellphones," said Santa Rosa. "And a lot of people get hit — bike messengers, pedestrians."
Santa Rosa says he was sideswiped by a woman who was exiting the freeway and charging onto downtown's surface streets at a high speed.
"This girl, when she stopped after she hit me, she was still talking on the phone as she got out of the car, like, telling someone she almost just killed someone," Santa Rosa said.
Still, he said a ban on hands-free devices would probably be going too far because "texting is more dangerous. They're not looking up."
Another NTSB recommendation Tuesday urges states to aggressively enforce current bans on text messaging and the use of cellphones and other portable electronic devices while driving.
The National Highway Traffic Safety Administration reported earlier this year that pilot projects in Syracuse, N.Y., and Hartford, Conn., produced significant reductions in distracted driving by combining stepped-up ticketing with high-profile public education campaigns.
Miami computer salesman Cully Waggoner, 50, agreed that texting is a danger to drivers but said enforcing bans is difficult. What may be more effective is harnessing technology to make technology safer, he said.
Perhaps phone manufacturers can be required to equip phones with a technology that disables texting and data packages if the phone is moving over a certain speed, Waggoner said.
"That would be the only way to get around to fixing anything: Go right to the technology that's being used," Waggoner said. Otherwise, "there's all kinds of laws on the books that people break every day, this would just be another one cheap moncler jackets."
The National Transportation Safety Board disagrees, and it declared Tuesday that texting, emailing or chatting while driving is simply too dangerous to be allowed anywhere in the United States.
The board is urging all states to impose total bans except for emergencies following recent deadly crashes, including one in Missouri after a teenager sent or received 11 text messages within 11 minutes.
The unanimous recommendation from the five-member board would apply even to hands-free devices, a much stricter rule than any current state law.
NTSB chairwoman Deborah Hersman acknowledged that complying would involve changing what has become ingrained behavior for many Americans.
"We're not here to win a popularity contest," she said. "No email, no text, no update, no call is worth a human life."
Currently, 35 states and the District of Columbia ban texting while driving, while nine states and Washington, D.C., bar hand-held cellphone use. Thirty states ban all cellphone use for beginning drivers. But enforcement is generally not a high priority, and no states ban the use of hands-free devices for all drivers.
The immediate impetus for the NTSB's recommendation was last year's deadly pileup near Gray Summit, Mo., involving a 19-year-old pickup driver.
The board said the initial collision was caused by the teen's inattention while texting a friend about events of the previous night. The pickup, traveling 55 mph, hit the back of a tractor truck that had slowed for highway construction. The pickup was rear-ended by a school bus, and a second school bus rammed into the back of the first bus.
The pickup driver and a 15-year-old student on one of the buses were killed. Thirty-eight other people were injured.
In Missouri, texting is illegal for drivers 21 and under, which means the law would have applied to the 19-year-old. But the ban isn't aggressively enforced, NTSB member Robert Sumwalt said.
"Without the enforcement, the laws don't mean a whole lot," he said.
The law didn't apply to 22-year-old Bishop when she was pulled over Monday night for swerving while texting on the University of Missouri campus.
She blames a late night and schoolwork. The officer who stopped her told her to put her phone in the back seat and sent her home with a warning.
"I definitely have the bad habit of tweeting and driving, texting and driving, and updating my Facebook status," Bishop said. "I probably shouldn't but the technology makes it too easy."
About two out of 10 American drivers overall — and half of drivers between 21 and 24 — say they've thumbed messages or emailed from the driver's seat, according to a survey of more than 6,000 drivers by the National Highway Traffic Safety Administration.
At any given moment last year on America's streets and highways,You don't need to go anywhere any more to find cheap Moncler Jackets.Here is your best choice. Our store +provided Moncler jackets are at high quality and low price.The cold winter you will be warm with Moncler jackets.We offer many cheap Moncler jackets such as Moncler men jackets, Moncler jackets for women,kids and so on.You can buy Moncler jackets you like at cheap price within our shop.Wish you have a happy shopping day! nearly one in every 100 car drivers was texting, emailing, surfing the Web or otherwise using a hand-held electronic device, the safety administration said. Those activities were up 50 percent over the previous year.
NTSB investigators said they are seeing increasing texting, cellphone calls and other distracting behavior by drivers in accidents involving all kinds of transportation. It has become routine to immediately request the preservation of cellphone and texting records when an investigation begins.
In the past few years, the board has investigated a train collision in which the engineer was texting that killed 25 people in Chatsworth, Calif., a fatal accident near Philadelphia in which a tugboat pilot was talking on his cellphone and using a laptop computer, and a Northwest Airlines flight that sped more than 100 miles past its destination because both pilots were working on their laptops.
Last year, a driver was dialing his cellphone when his truck crossed a highway median near Munford, Ind., and collided with a 15-passenger van. Eleven people were killed.
While the NTSB doesn't have the power to impose restrictions, its recommendations carry significant weight with federal regulators, Congress and state lawmakers. But the board's decision to include hands-free cellphone use in its recommendation is likely to prove especially controversial.
No states currently ban hand-free use, although many studies show that it is often as unsafe as hand-held phone use because drivers' minds are on their conversations rather than what's happening on the road.
Bike messenger Jesus Santa Rosa, 24, says he's seen a lot of accidents that are caused by people using their cellphones while he maneuvers through the streets of downtown Los Angeles.
"I've seen people taking red lights while they're looking down at their cellphones," said Santa Rosa. "And a lot of people get hit — bike messengers, pedestrians."
Santa Rosa says he was sideswiped by a woman who was exiting the freeway and charging onto downtown's surface streets at a high speed.
"This girl, when she stopped after she hit me, she was still talking on the phone as she got out of the car, like, telling someone she almost just killed someone," Santa Rosa said.
Still, he said a ban on hands-free devices would probably be going too far because "texting is more dangerous. They're not looking up."
Another NTSB recommendation Tuesday urges states to aggressively enforce current bans on text messaging and the use of cellphones and other portable electronic devices while driving.
The National Highway Traffic Safety Administration reported earlier this year that pilot projects in Syracuse, N.Y., and Hartford, Conn., produced significant reductions in distracted driving by combining stepped-up ticketing with high-profile public education campaigns.
Miami computer salesman Cully Waggoner, 50, agreed that texting is a danger to drivers but said enforcing bans is difficult. What may be more effective is harnessing technology to make technology safer, he said.
Perhaps phone manufacturers can be required to equip phones with a technology that disables texting and data packages if the phone is moving over a certain speed, Waggoner said.
"That would be the only way to get around to fixing anything: Go right to the technology that's being used," Waggoner said. Otherwise, "there's all kinds of laws on the books that people break every day, this would just be another one cheap moncler jackets."
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