Thursday, September 20, 2012

Microsoft raises stock dividend 15 percent

By Bill Rigby, Reuters

SEATTLE?- Microsoft raised its dividend by 15 percent on Tuesday, increasing its dividend yield to about 2.9 percent, at the high end of the technology sector.

The world's largest software company said it will start paying 23 cents per share per quarter in December, up from 20 cents. That is the seventh increase since it started paying a regular quarterly dividend in 2004.

Microsoft, whose share price has been static for the last decade, was one of the first big tech companies to introduce a dividend, starting with an annual payout in 2003, then a special dividend and regular quarterly payments the year after.

Its new dividend yield of 2.9 percent, based on its closing share price of $31.17, compares with about 3.9 percent for Intel Corp and 1.6 percent for IBM, which are both long-time dividend payers.

Cisco, which paid out its first quarterly dividend last year, stands around 2.9 percent. Apple, which restarted dividends after a 12-year hiatus only this year, is about 1.5 percent. Google does not pay dividends.

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Source: http://marketday.nbcnews.com/_news/2012/09/18/13944537-microsoft-raises-stock-dividend-15-percent?lite

Tom Kenny

Russia says US aid mission sought to sway elections

MOSCOW (Reuters) - Moscow accused the United States on Wednesday of using its aid mission in Russia to meddle in politics and influence elections, a charge likely to push relations between the former Cold War foes to a new low after Vladimir Putin's return to the Kremlin.

The Russian Foreign Ministry issued a blunt statement explaining Moscow's decision, announced by Washington on Tuesday, to give the U.S. Agency for International Development (USAID) until October 1 to cease operations in Russia.

Kremlin critics said the move was intended to cut funding to organizations Putin sees as a threat following his return as president in May after four years as prime minister, and called it part of a crackdown on dissent.

"It's about attempts to influence political processes, including elections of various types, and institutions of civil society though the distribution of grants," Foreign Ministry spokesman Alexander Lukashevich said in statement.

He said Moscow had also been worried about USAID's work in regions including the North Caucasus, where Russia faces an Islamist insurgency that activists say is stoked by rights abuses and tough police tactics.

USAID has worked for two decades in Russia since the collapse of the Soviet Union, spending more than $2.6 billion on program intended to combat disease, protect the environment, strengthen civil society and modernize the economy.

But persistent tension between Moscow and Washington over U.S. democracy-building abroad has been aggravated by peaceful political change in ex-Soviet republics, upheavals in the Arab world and Putin's long rule.

Putin, a former KGB spy in power since 2000, has repeatedly warned the West and particularly the United States not to meddle in Russian politics. He once likened opponents to "jackals" skulking around embassies and living on foreign handouts.

"Putin feels and has always felt that a free, independent civil society is his enemy, a foe of imitation democracy," said Oleg Orlov, chairman of the human rights group Memorial, which gets a little less than half its funding from USAID.

"Putin takes us as a threat to the system he has built in the country," he told Reuters.

The United States has criticized Russia's elections and its record on upholding the rule of law, but has dismissed accusations that its funding of human rights and pro-democracy organizations is intended to influence domestic politics.

The move against USAID increases friction in a relationship that improved after President Barack Obama moved to "reset" ties in 2009 but is strained by disputes over issues ranging from the crisis in Syria to U.S. missile defense plans.

It jeopardizes funding for Russian groups that rely heavily on the American aid.

"It is part of the policy of control," said Liliya Shibanova, executive director of GOLOS, an election monitoring group that is about 80 percent funded by USAID.

In the eyes of Putin's Kremlin, she said, foreign-funded NGOs "hinder this policy, so they must be strangled".

GOLOS's allegations of campaign and vote violations deepened public suspicions of widespread fraud in a parliamentary election won by Putin's United Russia party in December.

Those suspicions were a major catalyst for protests that have at times drawn tens of thousands of people.

In an interview, Shibanova said that "controlling elections" was a priority for the Kremlin, and that the demand for USAID's closure left it unclear whether GOLOS would be able to monitor local elections to be held in Russia on October 14.

"REPRESSIVE MACHINE"

She said GOLOS had been subjected to "targeted campaign" of harassment ranging from her detention at a Moscow airport on the eve of the December vote to tax inspections and poisonously critical coverage on television.

She described the Kremlin's decision on USAID as part of "the whole repressive machine that has been aimed against NGOs since Putin's return" to the presidency.

In July, he signed a law requiring many groups funded from abroad to register as "foreign agents" and has also pushed through laws increasing fines for protesters and for defamation.

The State Department said USAID would promote democracy and civil society in Russia even after its office closed, but it was not clear whether it could continue to fund Russian groups.

Annual aid to Russian groups from USAID is about $50 million, and more than half of its 2012 budget in Russia is spent on human rights and democracy work.

Orlov said that far from acting against Russian interests, Memorial had helped counter Islamist extremism by providing legal aid to people in the North Caucasus who might otherwise decide to "take a gun and fight".

Buoyed by oil and gas revenues, Putin has cultivated the image of a leader who lifted Russia from its knees and has no need for the foreign aid the nation relied on in the 1990s.

Russia is now a donor country and "rejects the status of a recipient of development aid", the Foreign Ministry said, adding that "Russia's civil society has become fully mature and does not need 'external guidance'."

Memorial's Orlov said Russian NGOs need all the help they can get to combat the country's woes.

"I feel like I am trying to spoon up an ocean. While we help one, two or three people, 30 others are being tortured, kidnapped, killed," he said. "Sometimes I lose heart, but then I think, yes, we could stop everything, but there would be no better present to those trying to tear our head off."

(Additional reporting by Gabriela Baczynska and Thomas Grove; Writing by Timothy Heritage and Steve Gutterman; Editing by Thomas Grove and Alistair Lyon)

Source: http://news.yahoo.com/russia-says-u-aid-mission-tried-influence-elections-085201106.html

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Wednesday, September 19, 2012

Best practices writ large | Harvard Gazette

Over the course of a conversation, Clayton Christensen ? by turns engaged and engaging, expansive and thoughtful ? will likely stumble over a word or two. On this particular occasion, it?s ?grocery store,? the kind of small business his family owned and where Christensen fondly recalls weekends spent working with his dad.

He pauses to explain as he searches his brain for the term. ?You see, I had a stroke and lost the ability to speak,? he says, as plainly as if he were excusing a sneeze.

Christensen, a Harvard Business School (HBS) professor and one of the top theorists of his time, has built a storied career by, as he puts it, telling business leaders not what to think, but how to think about running their companies. In the two years since his stroke, he?s tackled two other equally ambitious tasks: relearning how to speak, and teaching the rest of us how to think about living our best lives.

The result is a deeply personal book that puts years of Christensen?s observations on human behavior to paper, a process he calls ?one of the most worthwhile endeavors of my life.?

?How Will You Measure Your Life?? ? co-written with his former student James Allworth, M.B.A. ?10, and former Harvard Business Review editor Karen Dillon ? was a labor of love for Christensen, author of the seminal business text ?The Innovator?s Dilemma.?

Far from offering self-help or ways-to-succeed platitudes, the book takes on life?s big questions ? how to balance work and home life, how to maintain a marriage and raise children, how to adhere to ethical and moral standards ? using the rigorous framework of the business models Christensen has developed over two decades.

?At a fundamental level, good principles based on theory are relevant wherever you look,? he says. And just as a company has to not only measure profits and losses, but also determine whether its measures for promoting long-term success are the right ones, people need to figure out what happiness looks like to put it in reach.

?How we measure things determines what we do and what we don?t do,? says Christensen, Kim B. Clark Professor of Business Administration. We may say we value time spent with our families, for example, but if we measure our success day-to-day by how much money we?re making or how quickly we?re being promoted at work, then we may not find the happy family lives we envision for ourselves.

On its face, the idea may seem crass: To live a good, fulfilling life ? one rich with meaningful relationships, rewarding work, and ethical behavior ? simply think as the best CEOs do. But, as Christensen and his co-authors argue, applying sound theory to everyday decisions can help keep us on track.

Here he invokes one of the time-tested examples of disruption, the theory that made his name: the American auto industry, which was caught off guard years ago by the creeping success of Toyota and other cheaper imports. ?Never did the management of General Motors and Ford get the board and the executives together and say, ?Guys, let?s develop a plan to drive this company into bankruptcy,?? Christensen says. ?They didn?t ever intend to ruin their company. But all of those well-meaning individual decisions that made sense, it sums up to what you don?t want to do.?

Just like the auto manufacturers? strategies, our lives don?t veer off track at any particularly dramatic moment, he says ? ?and that?s the problem.?

?Almost always, when your life falls off the rails, it wasn?t an event,? he says. ?It was a process, where piece by piece, what you did seemed to be innocuous or good. Most things that turn out to be bad choices, at the time we made them, seemed to be very rational. You just can?t allow yourself to get victimized by marginal-cost thinking.?

Christensen is no stranger to seeing smart, well-meaning people do just that. In his days as an HBS student and as a Rhodes scholar, he says, he met countless bright young people who have since drifted down the path toward business scandals, divorce, even prison. (The starkest example, perhaps, was that of his old HBS classmate, former Enron CEO Jeffrey Skilling.)

For Christensen, a devout Mormon and dedicated father, temptation to stray from his principles comes in the form of work, which constantly vies for his attention. ?Because my work is so interesting, it could easily consume 18 hours a day, seven days a week,? he says. Years ago, he made an agreement with his wife and the mother of their five children, the youngest of whom is now a junior in college: ?I will never work on Saturday or Sunday, and I?m always out of here by 6 p.m.?? (It helps, he admits, that he?s usually at work by 6:30 a.m.)

To hear Christensen?s energetic approach to his life ? to hear him speak of helping others, of his faith, of tackling problems in business, health care, and education ? it?s hard to imagine he was facing its end less than three years ago. In late 2009, he was diagnosed with an often fatal form of lymphoma.

His cancer diagnosis lent new urgency to the end-of-the-year talk he had been giving his M.B.A. students for two decades. In ?Building and Sustaining a Successful Enterprise,? typically on the last day of class, he would challenge his students to apply the theories of the course to their own lives.

?At a certain point we thought, ?We?ve been using these theories to examine companies; let?s just stick it on the mirror and use it on ourselves,?? says Christensen. ?My students always came back with much deeper insight than I had ever come up with.?

Allworth, the book?s co-author, took the course in spring 2010, in what many thought might be Christensen?s last semester teaching it.

?If anything, I think it made him more determined to get through to us,? recalls Allworth, who put his postgraduation plans on hold to help Christensen research and write the book.

That same spring, HBS invited Christensen to speak to graduating M.B.A.s at their Class Day ceremonies in Burden Hall, an event that caught the attention of Dillon, who would become the final member of the book-writing trio. Then the editor of Harvard Business Review (HBR), she decided to interview Christensen about his ideas on how to live a good life to adapt into an HBR essay.

?I walked into Morgan Hall thinking only about that article, about getting it done,? Dillon says of her initial interview in the professor?s office. ?I walked out an hour and a half later thinking about myself and my own life. ? There were questions rattling around in my head, and I didn?t like the answers to them.?

She was struck by Christensen?s engaging conversational style ? ?a cross between my childhood minister and Jimmy Stewart,? she jokes. ?He has this lovely, good-moral-fiber, salt-of-the-earth quality. You want to be sitting on the edge of our chair with your hands on your knees.?

But she was also inspired by what she calls the ?intellectual challenge? of his words. In the following months, she quit her job, took up part-time freelance work, and plotted a move to London with her British husband and two children to reset her priorities. (Meanwhile, Christensen?s HBR essay went viral ? it?s still the most-read article in Harvard Business Review?s history, according to Dillon.) Eventually, Christensen came calling again, and she joined work on the book, aided by ?Dropbox, Skype, and Google Docs,? she says with a laugh.

The writing proceeded haltingly. Just a few months after his cancer went into remission, Christensen suffered the massive stroke that affected his ability to speak. The three co-authors had already agreed the book should be written in Christensen?s voice, and the process of putting his longtime thoughts to paper became even more challenging.

The writing also stimulated a fair amount of debate among Christensen, a lifelong Mormon; Allworth, an atheist; and Dillon, a ?classic New England Protestant? who fell soundly in the middle.

?I didn?t want to inadvertently write a book that applies only to religious people like myself,? Christensen says. ?I wanted it to be fundamental enough that people across the spectrum could see real value in it.?

The result is more a crash course in business theory and common-sense thinking than in moral philosophy.

?One of the things that was important to us was making sure the theory was really accessible,? Allworth says, ?almost like taking a minicourse of Clay?s class.?

Since its publication this spring, the book has held a steady spot on a number of best-seller lists, including that of The New York Times. Christensen plans to continue his end-of-the-year classroom lecture, though he acknowledges his students now have access to a 200-page primer.

?I?m worried, actually ? now they can just read the book,? he says with a laugh. ?I?ll have to come up with something that still excites them to think deeply about these problems.?

Source: http://news.harvard.edu/gazette/story/2012/09/best-practices-writ-large/

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Video: Justin Bieber?s mom: I forgive those who abused me

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Source: http://www.msnbc.msn.com/id/21134540/vp/49085304#49085304

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Bereaved Spouses - Grief Support at LegacyConnect

Hello Peg.? Thanks for writing back to me.? Let me tell you the 1st year after John passed I was dreading it too.? In fact I made quite the big deal about it.? I realize now I shouldn't have, it would have been easier on me and my family, pretty sure of that!? This year, it felt so much more peaceful, I guess that means I have accepted this loss of his physical presence.? Not his spiritual presence though, cause he is still here with me.

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Yes, I totally understand Peg.? John and I were married 39 years and that was his biggest wish, he wanted a motorcycle, Gold Wing type too, for us.? Years before he had broken his back and he wasn't really strong enough to ride a big bike but he was stubborn!?We would have been doing just what you and your hubby did Peg!

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I think it is wonderful and amazing when you meet someone and you can spontaneously share and relate, it's just meant to be at that moment in time.

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Yes, please think about releasing a balloon, it was a simple yet gracious and beautiful thing, watching the balloon fly high into the sky, just knowing it was closer to him felt so right.

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Hugs,

Carol

Source: http://www.connect.legacy.com/xn/detail/1984035%3AComment%3A361077?xg_source=activity

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Shrinking snow depth on Arctic sea ice threatens ringed seal habitat

ScienceDaily (Sep. 17, 2012) ? As sea ice in the Arctic continues to shrink during this century, more than two thirds of the area with sufficient snow cover for ringed seals to reproduce also will disappear, challenging their survival, scientists report in a new study.

The ringed seal, currently under consideration for threatened species listing, builds caves to rear its young in snow drifts on sea ice. Snow depths must be on average at least 20 centimeters, or 8 inches, to enable drifts deep enough to support the caves.

"It's an absolute condition they need," said Cecilia Bitz, an associate professor of atmospheric sciences at the University of Washington. She's a co-author of the study, published in the journal Geophysical Research Letters.

But without sea ice, the platform that allows the snow to pile up disappears, ultimately reducing the area where the seals can raise their pups.

Bitz typically focuses on studying the area and thickness of sea ice. "But when a seal biologist telephoned and asked what our climate models predict for snow depth on the ice, I said, 'I have no idea,'" she said. "We had never looked."

That biologist was co-author Brendan Kelly of the National Science Foundation and he was curious about the snow depth trend because he was contributing to a governmental report in response to the petition to list the seals as threatened.

The researchers, including lead author and UW atmospheric sciences graduate student Paul Hezel, found that snowfall patterns will change during this century but the most important factor in determining snow depth on the ice will be the disappearance of the sea ice.

"The snowfall rate increases slightly in the middle of winter by the end of the century," Hezel said. However, at the same time sea ice is expected to start forming later in the year than it does now. The slightly heavier snowfall in the winter won't compensate for the fact that in the fall -- which is also when it snows the heaviest -- snow will drop into the ocean instead of piling up on the ice.

The researchers anticipate that the area of the Arctic that accumulates at least 20 centimeters of snow will decrease by almost 70 percent this century. With insufficient snow depth, caves won't hold up.

Other climate changes threaten those caves, too. For instance, the snow will melt earlier in the year than it does now, so it's possible the caves won't last until the young seals are old enough to venture out on their own. In addition, more precipitation will fall as rain, which soaks into the snow and can cause caves to collapse.

The research is important for more than just the ringed seals. "There are many other reasons to study snow cover," Hezel said. "It has a huge thermodynamic impact on the thickness of the ice."

Snow on sea ice in fall and winter acts like a blanket that slows the release of heat from the relatively warm ocean into the atmosphere. That means deeper snow tempers sea ice growth.

In the spring, snow has a different impact on the ice. Since snow is more reflective than ice, it creates a cooling effect on the surface. "So the presence of snow helps sustain the icepack into spring time," Hezel said.

To produce the study, the scientists examined 10 different climate models, looking at historic and future changes of things like sea ice area, precipitation, snowfall and snow depth on sea ice. The resulting prediction for declining snow depth on sea ice this century agreed across all of the models.

The new research comes too late to be cited in the report about ringed seals that was written by the National Oceanic and Atmospheric Administration in response to the petition to list the ringed seal as threatened. However, it confirms results that were based on a single model that Bitz provided for the report two years ago. NOAA expects to issue its final decision soon.

The UW scientists on this study were funded by the Office of Naval Research.

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The above story is reprinted from materials provided by University of Washington. The original article was written by Nancy Gohring.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. P. J. Hezel, X. Zhang, C. M. Bitz, B. P. Kelly, F. Massonnet. Projected decline in spring snow depth on Arctic sea ice caused by progressively later autumn open ocean freeze-up this century. Geophysical Research Letters, 2012; 39 (17) DOI: 10.1029/2012GL052794

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_environment/~3/zo325L5zzVY/120917132345.htm

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Chef's Table with Eat Jackson Was a Success! | Eat Jackson!

Eat Jackson?s Chef?s Table at Viking Cooking School was a smashing success last Monday evening with Executive Chef for the evening, Chef Trace Williams wowing the crowd with her thick Yorkshire accent and prolific use of descriptive and entertaining Yorkshire cliches and descriptors ? with both translation help from her good friends, Indianola chef Chris Grant and Jackson chef Jeremy Enfinger.

Cooking demonstrations by Chefs Trace Williams, Chris Grant & Jeremy Enfinger at the Chef?s Table

After a welcome reception complete with Bayou Teche seasonal brews provided by Southern Beverage Co., the intimate crowd learned about each chef?s background and cooking interests. They also watched cooking demonstrations while they ate that included how to grill lettuce and make a Yorkshire pudding. Advice on use and selection of Mississippi gulf fresh seafood, wine pairings and recipe tips were as prolific as the wine glass refills.

While we can?t possibly convey the myriad of delectable tastes and experiences this evening held, we hope you?ll enjoy seeing the menu and wine pairings for the evening along with our favorite photos from the event, made possible by Mississippi Seafood Marketing.

Menu & Wine Pairings for Cajunshire Chef?s Table

Wine pairings were recommended by Tasho Katsaboulas of Kat?s Wine & Spirits and his friend, popular sommolier Norm Rush. While it was a tight race among guests, the crowd favorite was the Guigal?s C?tes du Rh?ne, a delightful, bright 90 point red.

Cajunshire Charcuterie & Cheese Plate

Fine Beginnings:?Cajunshire Charcuterie & Cheese Plate

Wine Pairing: 2007 Guigal Cotes du Rhone, France, Parker 90 point

Grilled Black & Blue Salad

Yorkshire Back Bacon, Point Reyes Blue Vinaigrette
Wine Pairing: 2010 Spy Valley Riesling, Marlborough, Parker 90 point

Swimming Pig

Yorkshire Stand Pork Pie, Blue Crab ?Chutney?
Wine Pairing: Nino Franco Prosecco NV, Italy, Wine & Spirits 90 point

Catfish in the Dales

Catfish in the Dales

Catfish Cake, Yorkshire Parsley Sauce, Jalapeno Slaw
Wine Pairing: 2011 King Estate Pinot Grigio, Oregon, Wine & Spirits 91 point

Etouf?e Yorkshire

Yorkshire Pudding, Crawfish & Shrimp Etouffee
Wine Pairing: 2011 Pichot Vouvray, France

Sweet Endings:?Cajunshire Dessert Flight

Featuring four bacon-centric tasting desserts
Wine Pairing: Broadbent Rainwater Madeira, Portugal, Parker 90 point

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Source: http://eatjackson.com/blog/2012/09/17/chefs-table-recap/?utm_source=rss&utm_medium=rss&utm_campaign=chefs-table-recap

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