Saturday, January 7, 2012

Is Best Buy Really Finished?

shutterstock_32427793I was just reading over the excellent (and long) story about Best Buy at Forbes and wondered, in light of today's B&N announcement to pull the Nook financials out of their sinking brick-and-mortar business, whether stores like Best Buy and media giants like B&N need to exist at all. First, before we begin, let's talk about the Forbes' article's money shot:
But the numbers only scratch the surface. To discover the real reasons behind the company?s decline, just take this simple test. Walk into one of the company?s retail locations or shop online. And try, really try, not to lose your temper.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/wqltdzfF5DE/

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Re: Windows 8 Build List

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Source: www.betaarchive.com --- Saturday, January 07, 2012
In Forum: Microsoft Operating Systems By User: ultrawindows 6.2.8165.fbl_core2 .... http://www.betaarchive.com/imageupload/2012-01/1325937014.th.8610.png ...

Source: http://www.betaarchive.com/forum/viewtopic.php?f=6&t=20490&sid=2b857d7c6f602cc431a718f44b3ebea9

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Friday, January 6, 2012

Sterling & Sterling names new president

IBR Staff Writer
Published 05 January 2012

New York-based Sterling & Sterling has named Leslie Nylund as its new president.

In her role, Nylund will be responsible for the firm's operations, including sales, employee benefits, client services and senior carrier relationships.

She will also oversee Sterling's field offices in New Jersey, Connecticut, Florida, Utah and Los Angeles.

Nylund will report directly to David Sterling, chairman & CEO of Sterling & Sterling.

Previously, Nylund served as vice chair of Sterling & Sterling and also spent 18 years at Marsh as a managing director.

Nylund joined Sterling & Sterling from Willis where she served in a number of leadership roles including Willis North America's New York Metro region head.

Sterling said that having spent more than 20 years with some of the largest brokerages in America, Leslie has been a powerhouse in the industry and brings to the table a tireless commitment to her craft.

Source: http://insurer.insurance-business-review.com/news/sterling-sterling-names-new-president-050112

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Privately-funded science university plan

David Linsay Willetts (born 9 March 1956) is a British Conservative Party politician and the Minister of State for Universities and Science. He is the Member of Parliament (MP) representing the constituency of Havant in Hampshire.

Education

Willetts was educated at King Edward's School, Birmingham, and Christ Church, Oxford, where he studied Philosophy, Politics and Economics. Willets graduated with a first class degree.

Policy researcher

Having served as Nigel Lawson's private researcher, Willetts took charge of the Treasury monetary policy division at 26 before moving over to Margaret Thatcher's Policy Unit at 28. Aged 31, he subsequently took over the Centre for Policy Studies.

First period in government

Aged 36, Willetts entered Parliament in 1992 as the MP for Havant. He quickly established himself in Parliament, becoming a Whip, a Cabinet Office Minister, and then Paymaster General in his first term (when that role was split between the Cabinet Office and HM Treasury as a policy co-ordination role). During this period Willetts' gained "Two Brains" as a nickname, a monicker reportedly coined by The Guardian's former political editor Michael White. However, Willetts was forced to resign from the latter post by the Standards and Privileges Committee over an investigation into Neil Hamilton in 1996, when it found that he had "dissembled" in his evidence to the Committee over whether pressure was put onto an earlier investigation into Hamilton.

Shadow Cabinet

Despite the resignation, Willetts was able to return to the shadow front bench a few years later while William Hague was Leader of the Opposition, initially serving in the Shadow Cabinet as Shadow Education Secretary before becoming Shadow Social Security (later Shadow Work and Pensions) Secretary. He carved out a reputation as an expert on pensions and benefits. Since leaving the DWP post, he has been recruited as an external consultant by the actuaries Punter Southall.

After the 2005 election, he served as Shadow Secretary of State for Trade and Industry in the Shadow Cabinet under Michael Howard. In August 2005, after ruling out running for leader owing to a lack of support, commentators speculated that he was gunning for the post Shadow Chancellor of the Exchequer position and would cut a deal with either David Davis or David Cameron. On 15 September he confirmed his support for Davis, at that time the bookies' favourite. Willetts, a centrist moderniser, went to ground following the announcement of the Davis tax plan since it was widely speculated that he disagreed with the seemingly uncosted and widely derided tax plan and found it impossible to defend. Davis then lost the candidacy race to Cameron. Following Cameron's win, Willetts was appointed Shadow Secretary of State for Education and Skills in Cameron's first Shadow Cabinet in December 2005, the role Cameron had vacated, and later becoming Shadow Secretary of State for Innovation, Universities and Skills. His title became Shadow Minister for Universities and Skills since Gordon Brown's merger of the Department for Innovation, Universities and Skills with the Department for Business, Enterprise and Regulatory Reform into the Department for Business, Innovation and Skills in June 2009.

On 19 May 2007, Willetts made a controversial speech on grammar schools in which he defended the existing Conservative Party policy of not reintroducing grammar schools. The speech received a mixed reception. The analysis was applauded by The Guardian and The Times. However, the more right-wing Daily Telegraph and the Daily Mail were both strongly critical of the speech, which was unpopular with some Conservative Party activists. The speech was made more controversial when David Cameron weighed into the argument, backing Willetts' speech and describing his critics as "delusional", accusing them of "splashing around in the shallow end of the educational debate" and of "clinging on to outdated mantras that bear no relation to the reality of life".

The Department for Education and Skills was abolished by the new Prime Minister, Gordon Brown, who established two new departments. On 2 July 2007, Cameron reshuffled Willetts down to the junior of the two departments: the Department for Innovation, Universities and Skills.

Second period in government

Following the 2010 general election, Prime Minister David Cameron appointed Willetts as the Minister of State for Universities and Science. In this capacity, he attends the meetings of the Cabinet, although he is not a full member.

Willetts is in the unusual position of being a junior Conservative minister in a department headed by a Liberal Democrat minister. This has created some tension over which bits of his speeches are recognised as statements of BIS policy and which are not.

Feminism claim

In June 2011 Willets said during the launch of the Government?s social mobility strategy that movement between the classes had ?stagnated? over the past 40 years, will be published next week and Mr Willetts attributed this partly the entry of women into the workplace and universities for the lack of progress for men. ?Feminism trumped egalitarianism,? he said, adding that women who would otherwise have been housewives had taken university places and well-paid jobs that could have gone to ambitious working-class men. He went on to say that ?One of the things that happened over that period was that the entirely admirable transformation of opportunities for women meant that with a lot of the expansion of education in the 1960s, 70s and 80s, the first beneficiaries were the daughters of middle-class families who had previously been excluded from educational opportunities,? he said. He said that ?And if you put that with what is called 'assortative mating? ? that well-educated women marry well-educated men ? this transformation of opportunities for women ended up magnifying social divides. It is delicate territory because it is not a bad thing that women had these opportunities, but it widened the gap in household incomes because you suddenly had two-earner couples, both of whom were well-educated, compared with often workless households where nobody was educated.?

Free votes record

According to the Public Whip analyses, Willetts was strongly in favour of an elected House of Lords and was strongly against the ban on fox-hunting. TheyWorkForYou additionally records that, amongst other things, Willetts was strongly in favour of the Iraq War, strongly in favour of an investigation into it, moderately against equal gay rights, and very strongly for replacing Trident.

"Two brains"

Due to his careful intellectual approach, ties to academia, his unusually policy-heavy background and his high hairline, he has acquired the nickname "Two Brains". He is currently a visiting professor at the Cass Business School, a board member of the Institute for Fiscal Studies and a visiting fellow at Nuffield College, Oxford (part of the University of Oxford), Willetts is the author of several books on conservatism, including "Why Vote Conservative" (1996) and "Modern Conservatism" (1992), as well as numerous articles. He was a founding signatory in 2005 of the Henry Jackson Society principles, advocating a proactive approach to the spread of liberal democracy across the world, including when necessary by military intervention. He is an honorary member of Conservative Friends of Poland.

Civic conservatism

Willetts has pioneered the idea of "civic conservatism" [D. Willetts, "Civic Conservatism", SMF (1994)]. This is the idea of focusing on the institutions between the state and individuals as a policy concern (rather than merely thinking of individuals and the state as the only agencies) and is one of the principles behind the increasing support in the Conservative Party's localist agenda and its emphasis on voluntary organisations. During an interview with The Spectator, he was referred to as 'the real father of Cameronism'.

Fourteen years after the publication of "Civic Conservatism" Willetts gave the inaugural Oakeshott Memorial Lecture to the London School of Economics in which he made an attempt to explain how game theory can be used to help think about how to improve social capital. The lecture was described by the Times as "an audacious attempt by the Conservative Party's leading intellectual to relate a new Tory narrative".

"Civic conservatism, like free market economics, proceeds from deep-seated individual self-interest towards a stable cooperation. It sets the Tories the task not of changing humanity but of designing institutions and arrangements that encourage our natural reciprocal altruism."

Personal life and member's interests

Willetts is married to the artist Sarah Butterfield. The couple have one daughter, Imogen (born 1988) and one son, Matthew (born 1992). His wealth is estimated at ?1.9m, and his declarations for the Register of Members' Financial Interests may viewed here.

References

For Willetts' roles in the 1980s?1990s as a welfare specialist:

Bibliography

External links

  • David Willetts MP official constituency website
  • Profile at the Conservative Party
  • Article archive at The Guardian
  • The Tories don't have to make a false choice between roots or freedom, David Willetts, The Times, 2 June 2005
  • Profile: David Willetts BBC News, 22 October 2002
  • |- |- |- |- Category:1956 births Category:Academics of City University London Category:Alumni of Christ Church, Oxford Category:Conservative Party (UK) MPs Category:Living people Category:Members of the Privy Council of the United Kingdom Category:Members of the United Kingdom Parliament for English constituencies Category:People educated at King Edward's School, Birmingham Category:UK MPs 1992?1997 Category:UK MPs 1997?2001 Category:UK MPs 2001?2005 Category:UK MPs 2005?2010 Category:UK MPs 2010? Category:United Kingdom Paymasters General

    de:David Willetts sco:David Willetts simple:David Willetts sv:David Willetts

    Source: http://article.wn.com/view/2012/01/04/Privatelyfunded_science_university_plan/

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    Manar_Ammar: #Egypt?s interim PM says military to remain until June, calls for patience http://t.co/zA7jC7JW #SCAF #Tahrir

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    #Egypt?s interim PM says military to remain until June, calls for patience is.gd/uKwmDL #SCAF #Tahrir Manar_Ammar

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    Source: http://twitter.com/Manar_Ammar/statuses/154858951555547136

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    Thursday, January 5, 2012

    For decades, candidates have started with Iowa (AP)

    DES MOINES, Iowa ? Since the 1840s, political activists in Iowa have gathered on dark winter nights to take care of party business. Only for the past 40 years has anyone outside the state taken notice of these Iowa caucuses.

    Everything changed in 1972 when Democrats moved their meeting to January, making Iowa's presidential preference vote the first in the nation. Noticing the change, candidate George McGovern gave Iowa extra attention, then finished a surprising second and went on to win his party's nomination.

    Republicans moved up their caucus in 1976, and candidates have paid rabid attention to Iowa ever since.

    Politicians aspiring to the White House begin visiting Iowa to make connections with local politicians and activists months or even years before caucus night. Their hope is that by winning the caucuses ? or simply beating expectations ? they'll also win a burst of publicity that will help fundraising and improve their chances in New Hampshire and other early-voting states.

    For Republicans, the nation's attention is technically all that's at stake Tuesday. While Democrats choose delegates who are expected to support the selected candidates at the party's national convention, Republicans handle that at county and district conventions later in the year. That means the GOP's caucuses are essentially a nonbinding straw poll.

    The parties hold caucus meetings for all of the state's 1,774 precincts ? at schools, churches and even some private homes. Because some places hold multiple caucus meetings, Republicans will gather Tuesday night in about 800 locations in all 99 of the state's counties.

    Anyone who so chooses can speak in support of a candidate at a Republican caucus meeting. Ballots are then passed out and participants privately mark their choices. Those ballots are counted and the results called into party headquarters, where they are posted online immediately.

    People can register with the party when they arrive, and all those who will be 18 by the general election can participate. But the commitment to attend in person ? there is no absentee or early voting ? means the caucuses draw a relatively small slice of Iowa's roughly 3 million residents. Only about 17 percent of eligible voters took part in the record-setting turnout year of 2008.

    That year, Barack Obama's repeated trips to Iowa paid off with a Democratic caucus win over Hillary Rodham Clinton and John Edwards. In the Republican caucus, Mike Huckabee finished first and Mitt Romney second. Eventual GOP nominee John McCain finished in fourth place, just behind Fred Thompson.

    This year, the focus is entirely on Republicans, but there will be Democrats caucusing Tuesday. The crowds will undoubtedly be much smaller, since Obama has no competition for the Democratic nomination.

    For those Democrats who do attend, the process is more complicated that the GOP's simple secret-ballot straw poll. Democrats break into preference groups at their caucus meetings, publicly declaring which candidate they favor. Candidates must get support from 15 percent of those attending to receive votes, and activists try to win over those whose candidates have fallen short of the 15 percent threshold.

    The results are then reported to party headquarters, where they are run through a formula that changes the value of votes based on a county-by-county analysis of Democratic performance in the last gubernatorial and presidential elections.

    Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20120103/ap_on_el_pr/us_iowa_caucus_history

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    Tech Biz Roundup: Apple?s Price Target, Intel?s Downgrade

    Scottrade: $7 Online Trades. Real-Time Stock Quotes

    Intel (NASDAQ:INTC) and Qualcomm (NASDAQ:QCOM) while at the Consumer Electronics Show will fight for control of the mobile devices market. Qualcomm will try to squeeze Intel by showing off notebooks based on Qualcomm chips at the same time Intel will announce phones with its chips, renewing a push into Qualcomm?s market.

    Radvision (NASDAQ:RVSN) reports better-than-expected preliminary fourth quarter results. Sales are $21.5 million-$22 million vs. consensus of $17.35 million. There was a loss of $0.18-$0.21 per share vs. consensus of a $0.31/share loss.

    Investing Insights: Why Apple Will Never Dominate the Global Mobile Market.

    Apple?s (NASDAQ:AAPL) price target is cut by Morgan Keegan to $513 from $530. The slash follows indications that iPad and Mac sales fell short of expectations in December. Morgan Keegan also lowers its generally accepted accounting principals earnings per share estimate for the latest quarter to $10.10 from $10.24.

    Rambus (NASDAQ:RMBS) rose considerably premarket after raising fourth quarter revenue guidance to around $83 million. This was up from its prior forecast of $66 million-$71 million and consensus of $69 million.

    Don?t Miss: Google May Disrupt the Cable Business Forever.

    Intersil (NASDAQ:ISIL) has been dropped to a Sell rating by Goldman Sachs. The lockdown was in response to ?structural challenges?. Goldman also shot down Microchip Tech (NASDAQ:MCHP) because of its failure to grow its microcontroller share or earnings ahead of peers during the past two years. Another downgrade was given to SanDisk (NASDAQ:SNDK) and PMC-Sierra (NASDAQ:PMCS) moving both to Neutral, while raising Atmel (NASDAQ:ATML) and Altera (NASDAQ:ALTR) to Buy.

    TripAdvisor (TRIP) makes gains after an upgrade from Bank of America (NYSE:BAC) to Buy from Underperform on valuation. Expectations are that the firm?s fourth quarter report will improve transparency as it stands on its own after a spinoff from Expedia.

    Priceline.com (NASDAQ:PCLN) shot up. The announcement that Overstock.com (NASDAQ:OSTK) has selected the company to run its new travel website, called O.co Travel, is believed to be the reason.

    Angie?s List (NASDAQ:ANGI) slid after a large host of analysts picked up coverage. Janney initiates coverage at Buy with a $19 price target. However, three other major firms start with Sector Perform or their equivalents, which is not too impressive given that Eric Savitz writes, ?the Street?s tendency is to stay bullish on their own merchandise.?

    Investing Insights: Facebook May Be Biggest IPO of 2012.

    To contact the reporter on this story: Tanya Harding at staff.writers@wallstcheatsheet.com

    To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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    Source: http://feedproxy.google.com/~r/wallstcheatsheet/FEQU/~3/8H3WvDiyIjs/

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