Nasdaq ups ante in Facebook reimbursement plan

Published: Jul 21, 2012 at 5:15 PM PDT The pre-market price for Facebook stock is shown, Wednesday, May 23, 2012 at the Nasdaq MarketSite in New York. NEW YORK (AP) - The Nasdaq stock exchange is chipping in more money to reimburse investment firms that lost money when online social network Facebook went public in May because computer glitches delayed their trading orders.

The revised proposal announced late Friday calls for Nasdaq to pay $62 million to firms ensnared in the breakdown. That's up from the $40 million pool that Nasdaq initially announced seven weeks ago.

The exchange says all the payments will now be in cash instead of trading credits as envisioned under the original program. The trading credit provision had riled the New York Stock Exchange, which attacked the plan as an attempt to entice firms to defect to the rival Nasdaq exchange.

Nasdaq says more firms will be eligible for reimbursement under its new proposal, too.

Facebook went public May 18 amid great fanfare, but computer glitches at the Nasdaq threw the day into chaos. The opening was delayed by half an hour. Technical problems kept many investors from buying shares in the morning, selling them later in the day, or even from knowing whether their orders went through. Some investors complained that they were left holding shares they didn't want.

Facebook's stock originally priced at $38 and closed that first day at $38.23 after going as high as $45, a disappointment to speculators who had hoped for a first-day pop. Nasdaq has said it was embarrassed by the glitches, but that they didn't contribute to the underwhelming returns. The stock closed at $28.76 Friday, down 24 percent from the IPO price.

The new program will still require approval by the U.S. Securities and Exchange Commission.

Source: http://www.klewtv.com/news/business/Nasdaq-ups-ante-in-Facebook-reimbursement-plan-163306416.html

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Docs at odds over kids' cholesterol test guidance

(AP) ? Should all U.S. children get tested for high cholesterol? Doctors are still debating that question months after a government-appointed panel recommended widespread screening that would lead to prescribing medicine for some kids.

Fresh criticism was published online Monday in Pediatrics by researchers at one university who say the guidelines are too aggressive and were influenced by panel members' financial ties to drugmakers.

Eight of the 14 guidelines panel members reported industry ties and disclosed that when their advice was published in December. They contend in a rebuttal article in Pediatrics that company payments covered costs of evaluating whether the drugs are safe and effective but did not influence the recommendations.

It also is not uncommon for experts in their fields to have received some consulting fees from drug companies.

Even so, the ties pose a conflict of interest that "undermines the credibility of both the guidelines and the process through which they were produced," says the commentary by researchers at the University of California at San Francisco. The authors are Dr. Thomas Newman, a researcher and former member of a Food and Drug Administration pediatrics advisory committee, and two heart disease researchers, Drs. Mark Pletcher and Stephen Hulley.

Pletcher has received research funding from drug and device makers; the other authors said they had no relevant industry ties.

Other criticism was published earlier this year in the Journal of the American Medical Association. That critique raised concerns about putting children on cholesterol drugs called statins, noting the medicine has been linked with a rare muscle-damaging condition in adults. Those authors were heart specialist Bruce Psaty and pediatrician Frederick Rivara, both of the University of Washington in Seattle.

JAMA included additional criticism from a dissenting member of the panel that produced the kids' cholesterol guidelines, Dr. Matthew Gillman of Harvard Medical School. He recommends more narrow screening based on family history of cholesterol problems.

The guidelines are endorsed by the Academy of Pediatrics, which publishes the journal that carried the critical commentary Monday. The panel recommends that all U.S. children should get blood tests for high cholesterol as early as age 9 and that testing should begin much earlier for kids at risk of future heart disease, including those with diabetes or a family history of heart problems. Treatment should generally begin with lifestyle changes including diet and exercise, the guidelines say.

Cholesterol drugs would be recommended for some kids, but probably less than 1 percent of those tested. But the advice says those drugs, including statins, shouldn't be used at all in children younger than 10 unless they have severe problems.

The guidelines aim to help prevent and treat conditions in children that put them at risk for later heart-related problems. At least 10 percent of U.S. children have unhealthy cholesterol levels and one-third are overweight or obese.

The dispute may leave parents wondering whether to have their kids screened.

Dr. Sarah De Ferranti, an American Academy of Pediatrics spokeswoman and director of preventive cardiology at Boston Children's Hospital, said the question should be part of a conversation parents should have with their pediatrician about heart disease risks, including weight, blood pressure and lifestyle.

"Almost all of us could do better in that area," she said.

"My kids are about to turn 9 and I'm going to have them screened," said De Ferranti, who has a family history of heart disease risks.

Experts on panels that create screening and treatment recommendations for various diseases frequently have at least some financial ties to industry.

"The problem is the people who care about this issue are doing research on it and there's no way to get research done without some involvement of industry," said De Ferranti, who has done industry-funded research herself.

The critics say there's little evidence that widespread cholesterol testing and treatment in children will reduce their chances of having later heart problems. They argue that widespread testing is costly and could cause anxiety in healthy children who don't need treatment.

The National Heart, Lung and Blood Institute appointed the guidelines panel. Dr. Susan Shurin, the institute's acting director, said there are few qualified specialists who have no industry relationships, and that panel members were selected for their expertise.

"We got the best people in the country to do this," Shurin said.

Dr. Stephen Daniels, chairman of the guidelines panel, is pediatrics chief at the University of Colorado School of Medicine. He has worked as a consultant or advisory board member for Abbott Laboratories, Merck and Schering-Plough, now part of Merck, and co-authored the Pediatrics rebuttal.

Daniels said industry ties "were vetted during the discussions of the panel and I think really did not influence the debate."

The other rebuttal authors Drs. Brian McCrindle of the University of Toronto, whose industry ties include consulting or serving as advisory board member for Merck and Abbott; Peter Kwiterovich of Johns Hopkins, consulting or advisory board member for Merck and LipoScience; Patrick McBride, University of Wisconsin, who says he has had no relevant industry ties since 2007; and Rae-Ellen Kavey, University of Rochester, who listed no relevant financial ties.

___

Online:

Pediatrics: http://www.pediatrics.org

Guidelines: http://tinyurl.com/7csojas

___

AP Medical Writer Lindsey Tanner can be reached at http://www.twitter.com/LindseyTanner

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2012-07-23-Kids-Cholesterol%20Tests/id-5f5a8779bec74b658e7dcedc53ba99a7

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The Onion?s Take On The HP Cloud and 4 Other Attempts At Making The Cloud Funny

the-onion-logoWhy is the cloud so hard to make funny? Do a search on YouTube. You will see songs about the cloud based upon Joni Mitchell and Vanilla Ice songs. "Cloud, Cloud Baby." Groan. Thank goodness for The Onion. Finally, the cloud is funny.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/N8Pf9VGphpM/

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Source: http://articlereference.net/sports-2/how-disability-insurance-coverage-louis-vuitton-2012-differs-from-well-being-insurance-coverage.html

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I'm Sorry for Cursing ? Colon / rectal cancer | stoptbpartners.org ...

Last week, a Motorola engineer?s Picasa album all but confirmed the existence of the Motorola Droid RAZR HD. And while we can?t say his job has a future, it looks like this handset does. The latest leak includes some newly discovered blurry cam photos from China showing Motorola model MT887 running ICS. This matches the [...]

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If your home or personal property was damaged in one of the recent storms, most likely you?ll be filing a claim on your home, renters or auto insurance. For most people, making a claim and getting through the insurance settlement process is something they have never had to deal with. It can be confusing and [...]

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Source: http://stoptbpartners.org/1254/im-sorry-for-cursing-colon-rectal-cancer/

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Why Use a BRITA Purification?


whole house water filters Although tap water remains safe and secure to help sip, it could possibly incorporate harmful particles affecting its quality. Non permanent water firmness, chlorine, steer, material, lindane (your way to kill pests) along with other harmful particles are generally p currently to alter the tastes and show off of water,
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Source: http://1minutegetaway.com/arabujo/why-use-a-brita-purification/

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Replicate Dave's Personal Branding Success! | Business 2 Community

Have you wondered how you can translate your personal brand into a new job you love? Or how to leverage your personal brand for your organization? Or perhaps how to position yourself as an expert in your field?

Dave Culter has successfully accomplished all of these things after being laid off and deciding to start-over with a brand new carrer! The best part about it is that Dave has been very open about his success and his challenges, so we can identify exactly what to repeat his success story.

How You Can Replicate Dan Cutler?s Success

Dan?s personal brand is sensational. He went from laid off to the cover of the Boston Globe?s Business section. From a forgettable general marketer to an unforgettable story about leveraging social media marketing to get national media exposure while building a new career.

As amazing as it is, his success boiled down to a handful of key choices. Choices that we can all make to produce our own style of success

Step One: Find a place where your skills, interest and market needs overlap.

Dave knew that after getting laid off, he needed to differentiate himself from the crowd of job seekers. He started by identifying his transferable skills, evaluating trends in the market and determining where his curiosity pulled him towards.

From this research project -slash- soul searching, Dave saw that there was opportunity to grow in Social Media Marketing.

Step Two: invest in increasing your skills or outside expertise when required.

Since Dave?s skills weren?t complete in the social media realm, he invested in himself and attended an intensive course at Rutgers University to help him bridge the gap.

It?s smart to invest in yourself and your personal brand. No one can do it alone.

Step Three: Build a network by showcasing your skills and your personality!

Dave then built his website HireDaveCulter.com and started to build robust following on social media sites, like twitter and 4Square.

The key here is that Dave was doing more than chatting on twitter ? he was deliberately showing the skills that would enable him to be successful in his desired role. He wrote and curated content that designated him as an expert and showed his ability to build and leverage an online following.

For a programmer, that might look like building an amazing new app and getting it in as many hands as possible. For an accountant, that might look like volunteering to do an assessment of a small non-profit?s books. What would it look like for you?

Step Four: Don?t be afraid to promote yourself.

Once Dave had built an audience, he used that audience to promote his job search on a national level. He was featured on the cover of Sunday?s Boston Globe Business Section, was interviewed on NPR and was covered by many other media outlets.

You may not need or want national media coverage, but on any scale, leveraging your connections to reach beyond the immediate people in your network is key.

Step Five: Keep your personal brand robust.

Even now that Dave is hired and working full time as a social media manager, he continues to build and leverage his personal brand. That is how he came to be featured on this site, write Eloqua?s Grande Guide, speak at events and generally have an excess of career opportunities.

Remember, your personal brand is not about attaining a singular goal, like getting hired, its about cultivating a long-lasting brand for yourself that will support you in the good times and the bad.

Would you like to learn more about Dan and his method for personal branding dominance? Click here to download Eloqua?s Grande Guide to Personal Branding.

Author:

Rebecca Rapple has been featured in Harvard Business Review, Business Insider, Keith Ferrazzi?s My Greenlight and more. You can learn more about the fundamentals of a remarkable job search on her site, The Resume Revolution.

Source: http://www.business2community.com/strategy/replicate-daves-personal-branding-success-0220331

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A Health and Fitness Revival is Coming | Southern in Itiative

In the 80s and early 90s, the fitness craze started. Everyone went out of work, going to the gym and healthy eating in. It was like they all jumped into their New Year?s Resolution was running gear and they were gone. And like a New Year?s Resolution, it did not, but it has evolved over several years. Then people slid back into eating more than to kick back, and it is as if the fad ended.

It seems that back, it comes every 5-10 years, however, and so it makes sense to be ready for the next health and fitness revival. Where I guarantee you will. And the sooner the better, because it would bottom at a better time than gym memberships are due to the recession and people are coming down and to the outside through turbulent times. Perhaps you remember the diet fads that hit us all to 11.09.

South Beach Diet and Atkins seemed to kill the deal for the fast food industry, and several chains went out of business.

gym memberships increased during this period, even if half of America?s borderline diabetic. It seems to come to these health and fitness is growing as the economic revival, people get better jobs and reach their climax on climax of Maslow?s hierarchy of needs. Further, they are looking for education and for self-realization.

Not sure why everyone is waiting until the good times to prepare to eat properly, or visit the gym, but it?s something that I have in the past 30 years this notice. Maybe you?ll see this in the next fitness and health food enthusiasm? And judging by the economic recovery predictions, I?d give it about 12-15 months before the next upturn. Please take this into account.

Tags: Coming, Fitness, Health, Revival

Source: http://southerninitiative.com/a-health-and-fitness-revival-is-coming/

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Double for Team Maini Racing

Hyderabad, July 22

Gujarat schoolgirl Mira Kirit Erda of Team Maini Racing took the honours in the Micro Max category while teammates Kush Maini (Juniors) and Chittesh Mandody (Mohite?s Racing, Seniors) topped in their respective categories in the second round of the JK Tyre Rotax Max National Karting Championship here Sunday.

Overcast sky and cooler temperatures made for near-perfect racing conditions as Mira clinched the title in a dominating style from two Mohite Racing entries Pradyum V. Dandigond and HB. Phaneesh.

In the Junior Max finals, Maini had to stave off a strong challenge from Team Rayo Racing?s Nayan Chatterjee who finished a close second after conceding lead at the last corner. Arya Gandhi, also of Rayo Racing came in third.

Defending champion Mandody ruled the Senior Max category as he won quite easily, sparing three seconds to Rayo Racing?s Anshuman Channeterjee, who finished ahead of team-mate Ameya Bafna.

Source: http://www.prokerala.com/news/articles/a315338.html

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