Sunday, January 22, 2012

Demand strong, margins better in 2012: Nike CEO (Reuters)

NEW YORK (Reuters) ? Nike Inc (NKE.N) is seeing no slowdown in demand in its biggest markets, even as Europe struggles economically and shoppers in the United States remain skittish, Chief Executive Mark Parker said.

The world's largest sportwear maker saw sales rise 18 percent in the second quarter, and Parker said there has been no pushback from shoppers as it raised prices for spring products.

"During times of economic challenge, consumers will go to brands that they trust and can connect with. We have not seen the economy have a dramatic impact on the sales of our products, not just in the high end, but also in the mid-priced range," Parker said.

Speaking at the launch of the company's new FuelBand, Parker said he expects input costs to keep going up, and is planning to fight those partially with price increases to improve margins.

Gross margins, which were down 260 basis points during the second quarter, are expected to improve through fiscal 2012, the CEO said.

"We definitely see room for margin improvement. With the price increases and with some commodity costs coming down, margins will start climbing up by the end of this fiscal year. You'll start seeing incremental margin improvement in fiscal 2012 and as we head into 2013," said Parker, who has been working with Nike since 1979.

Nike is also betting heavily on its Chinese market, which is currently about 11 percent of total sales, and grew 35 percent during the quarter ended Nov 30.

"I frankly think we have only scratched the surface when it comes to China," Parker said.

"(Over the next five years) the rate of growth may go up or down a little bit, but China will stay a growth story," he said.

(Nivedita Bhattacharjee in New York; editing by Mark Porter)

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http%3A//news.yahoo.com/s/nm/20120119/bs_nm/us_nike

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Saturday, January 21, 2012

Peter Berg Is Still Talking About Hancock 2

Hancock 2 Movie

Just when some moviegoers were beginning to tire of the seemingly unrelenting wave of superhero action movies, director Peter Berg and mega-star Will Smith turned the genre on its head and released Hancock. The final film, about a burned-out and cantankerous superhero, may not have quite lived-up to its especially clever marketing pitch but the project did well enough to warrant a sequel.?However, after nearly four years, the fledgling movie franchise seemed to be slipping closer and closer to one-and-done territory.

That is until Berg started chatting with reporters in the media build-up to his big budget Battleship movie (check out our interview with Berg for more) ? due out May 2012. According to the director, Hancock 2 is definitely still in the works and it?s just a matter of getting everyone in a room?to hash-out the details.

Berg spoke with Comic Book Movie about the potential sequel:

?We?ve been talking about the sequel between us, Will Smith, [producers] Michael Mann and Akiva goldman and myself. We?re all interested, but we literally just have trouble getting into the same room at the same time. We did have a series of meetings last year and started to hash out an idea for sequel ? and Will Smith actually had the idea ? so I think it will happen, it?s just a question of timing.?

It?s understandable that most of the people involved would be interested in working on Hancock 2 ? especially given that that film ultimately grossed over $624 million worldwide. Not to mention sequels, even sequels to movies that weren?t blockbuster megahits (see Ghost Rider: Spirit of Vengeance?and?Punisher: War Zone) are still a great platform for big business at the box office ? as is Will Smith ? who doesn?t always pass on opportunities to reprise roles (even less-iconic ones).

While superhero sequels can be somewhat of a mixed bag, Hancock (likely to its detriment) put out a metric ton of background story by the end of the first movie ? star-crossed lovers, romance triangles, and a convoluted ?origin? explanation. As a result, where the filmmakers decide to take the story, as opposed to whether or not they?ll actually do it, is the more interesting question. Especially given that the down-on-his-luck superhero angle from the original is likely to be much more interesting (and entertaining) than catching-up with Hancock as an actual crime fighter.

Berg had previously indicated that there might also be another super-powered person like Hancock out there ? which, if the filmmakers went that route, would at least give Will Smith a real threat to fight in the next installment. That said, given the origin ?twist? in the Hancock mythos ? it could also make for an especially exhausting history lesson.

Hancock 2 is little more than a gleam in?Berg?s eye at this point ? but we?ll keep you updated as we hear more.

-

Follow me on Twitter?@benkendrick?for further updates.

Source: Comic Book Movie [via The Playlist]

Source: http://www.rottentomatoes.com/m/1924345/news/1924345/

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Suzanna de Baca: Are You a Victim of Financial Infidelity?

I recently spoke with a friend who discovered that her husband had been cheating on her. But he wasn't betraying her with another woman -- he'd been sneaking around with their joint bank account, surreptitiously purchasing sports equipment to feed his triathlon habit. When she found a receipt for an expensive bike they'd agreed they couldn't afford, she was furious. "It felt like financial infidelity!" she said.

Does her story sound familiar? Has your spouse or partner made purchases outside your budget and then lied about it or covered up the evidence? Have you shopped without mentioning the purchased items to your loved one or brushed them off as things you'd already owned? Or have you simply been tempted and bought something beyond your means without consulting the other person in your life with whom you share your finances?

If you or your partner commits a financial indiscretion that sets your mutual savings or budget goals back, it can create real trust problems and wreak havoc on your goals. And though it isn't uncommon for individuals in a couple to have conflicting money management styles and priorities, it's important for your overall financial well-being and relationship to have good lines of communication about money.

The best way to keep the lines of communication open is to talk candidly and frequently about your finances. Here are some guidelines for these conversations:

Agree on financial goals and a budget. Discuss your overall financial goals or desires. What is it you both want to achieve short term and long term? If your goals and desires are significantly different, talk about how you'll set priorities and compromise. Not many couples will have exactly the same interests or priorities, but you should come to an understanding about what is important to both of you and align your finances accordingly.

Discuss your money styles. Everyone handles money differently. Are you the type of person who succumbs to impulse buys, or are you more likely to save for a purchase and compare prices and products well in advance? If you have different styles of spending, consider creating separate accounts so each of you have control over a reasonable amount of discretionary cash.

Forgive and forget -- but take care of yourself. If your loved one cheats on you financially, weigh the situation rationally. Reflect on how you can respond to the situation and then sit down together and talk about it. You can certainly expect your partner to make some financial sacrifices, such as delaying other purchases, to get your budget on track. If the action was egregious or was a second offense, be honest about your emotions and expectations for the future.

Have regular financial conversations. Having a trusted professional as part of the conversation can make it easier. If you meet with a financial advisor on a regular basis and you and your partner tend to disagree when it comes to financial priorities, make conversations about spending one of the topics you discuss with your advisor. The more open you are about your finances to begin with, the easier it will be to keep the lines of communication open.

Suzanna de Baca is the vice president of wealth strategies at Ameriprise Financial.

###
Brokerage, investment and financial advisory services are made available through Ameriprise Financial Services, Inc. Member FINRA and SIPC. Some products and services may not be available in all jurisdictions or to all clients.

? 2012 Ameriprise Financial, Inc. All rights reserved.

?

Source: http://www.huffingtonpost.com/suzanna-de-baca/are-you-a-victim-of-finan_b_1217943.html

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Friday, January 20, 2012

Carbon dioxide is 'driving fish crazy'

ScienceDaily (Jan. 20, 2012) ? Rising human carbon dioxide emissions may be affecting the brains and central nervous system of sea fishes with serious consequences for their survival, an international scientific team has found.

Carbon dioxide concentrations predicted to occur in the ocean by the end of this century will interfere with fishes' ability to hear, smell, turn and evade predators, says Professor Philip Munday of the ARC Centre of Excellence for Coral Reef Studies and James Cook University.

"For several years our team have been testing the performance of baby coral fishes in sea water containing higher levels of dissolved CO2 -- and it is now pretty clear that they sustain significant disruption to their central nervous system, which is likely to impair their chances of survival," Prof. Munday says.

In their latest paper, published in the journal Nature Climate Change, Prof. Munday and colleagues report world-first evidence that high CO2 levels in sea water disrupts a key brain receptor in fish, causing marked changes in their behaviour and sensory ability.

"We've found that elevated CO2 in the oceans can directly interfere with fish neurotransmitter functions, which poses a direct and previously unknown threat to sea life," Prof. Munday says.

Prof. Munday and his colleagues began by studying how baby clown and damsel fishes performed alongside their predators in CO2-enriched water. They found that, while the predators were somewhat affected, the baby fish suffered much higher rates of attrition.

"Our early work showed that the sense of smell of baby fish was harmed by higher CO2 in the water -- meaning they found it harder to locate a reef to settle on or detect the warning smell of a predator fish. But we suspected there was much more to it than the loss of ability to smell."

The team then examined whether fishes' sense of hearing -- used to locate and home in on reefs at night, and avoid them during the day -- was affected. "The answer is, yes it was. They were confused and no longer avoided reef sounds during the day. Being attracted to reefs during daylight would make them easy meat for predators."

Other work showed the fish also tended to lose their natural instinct to turn left or right -- an important factor in schooling behaviour which also makes them more vulnerable, as lone fish are easily eaten by predators.

"All this led us to suspect it wasn't simply damage to their individual senses that was going on -- but rather, that higher levels of carbon dioxide were affecting their whole central nervous system."

The team's latest research shows that high CO2 directly stimulates a receptor in the fish brain called GABA-A, leading to a reversal in its normal function and over-excitement of certain nerve signals.

While most animals with brains have GABA-A receptors, the team considers the effects of elevated CO2 are likely to be most felt by those living in water, as they have lower blood CO2 levels normally. The main impact is likely to be felt by some crustaceans and by most fishes, especially those which use a lot of oxygen.

Prof. Munday said that around 2.3 billion tonnes of human CO2 emissions dissolve into the world's oceans every year, causing changes in the chemical environment of the water in which fish and other species live.

"We've now established it isn't simply the acidification of the oceans that is causing disruption -- as is the case with shellfish and plankton with chalky skeletons -- but the actual dissolved CO2 itself is damaging the fishes' nervous systems."

The work shows that fish with high oxygen consumption are likely to be most affected, suggesting the effects of high CO2 may impair some species worse than others -- possibly including important species targeted by the world's fishing industries.

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Story Source:

The above story is reprinted from materials provided by ARC Centre of Excellence in Coral Reef Studies.

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


Journal Reference:

  1. G?ran E. Nilsson, Danielle L. Dixson, Paolo Domenici, Mark I. McCormick, Christina S?rensen, Sue-Ann Watson, Philip L. Munday. Near-future carbon dioxide levels alter fish?behaviour by interfering?with neurotransmitter function. Nature Climate Change, 2012; DOI: 10.1038/nclimate1352

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://www.sciencedaily.com/releases/2012/01/120120184233.htm

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Mexico enacts rules against 'miracle cure' ads

MEXICO CITY (AP) ? Mexico enacted tough new rules Thursday to ban advertising of "miracle cures" for weight loss, sagging body parts and more serious illnesses like prostate ailments, chronic fatigue and even cancer.

Mexico has a long history of faith healers and home remedies, but the problem has come to a head in the last few years with a constant stream of ads on television for more "scientific" sounding creams that supposedly lift or enlarge breast and buttocks, magnets that help users lose weight, or pills and powders that cure gastric problems or diabetes.

In a country with levels of diabetes and obesity among the highest in the world, the combination of a sick population and fake cures can be deadly.

"This is a fraud," said regulator Mikel Arriola, whose Federal Commission for Protection against Health Risks is the agency in charge of regulating pharmaceuticals in Mexico. "It is a very serious public health problem, because people take these things instead of going to the doctor ... they lose time in getting treatment or getting cured."

Under the new rules, which take effect in 30 days, authorities can order media outlets to remove such advertising within 24 hours, and it steeply raises fines that can be levied on manufacturers and distributors that advertise the products.

The rules require that any product making a therapeutic claim will first have to prove it is listed in Mexico's pharmaceutical register. The register requires scientific proof of effectiveness and a scientific description of how the medicine or medical apparatus achieves its claimed effects.

That is probably not going to be possible for products like "Acu-Mag." Its advertising purports that when the tiny pad with eight bumps is placed in the outer ear and massaged a few minutes each day, it helps customers lose weight through what ads call "auricular therapy" ? an alternative medicine supposedly derived from acupuncture.

According to the manufacturer's published claims, the pad "helps you lose weight ten times faster than any other (method) ... eliminates anxiety, burns the fat on your body, improves digestion."

Arriola said the ad should no longer be able to air because it makes claims of medical treatment.

Nor should ads for an herbal supplement called Prostaliv, which promises to reduce prostate enlargement and urinary problems in two to four weeks. Similar claims are made for Mulunggay, another herbal extract that is touted as being able to "combat 300 diseases" and control diabetes.

Anyone with real health issues who relies on such non-working treatments could wind up getting worse, "and that represents a cost for the government," Arriola said, because public hospitals have to treat sicker people.

But he added that supposed "miracle cures" are seldom outright dangerous. "Mainly what these companies are doing is selling a placebo, and spending a lot of money on advertising to promote it."

Executives at two of Mexico's largest vendors of such cure-alls could not be reached for comment. An employee at one of the companies appeared not to have heard of the new rules, and the other firm had an incorrect phone number listed with the Mexican stock exchange.

Companies do appear to have been taking note of the government's plan.

Some already run small-print slogans with their ads stating that "this is not a medicine." Arriola called that "an evasive maneuver" and said such ads won't be exempt from the new rules if they still make medical claims.

And the marketing companies also appear to be moving into less-regulated areas, such as corsets in various forms that are "guaranteed" to give wearers a perfect figure instantly. Those ads could continue to run, in theory, as long as they don't make claims that the product is doing anything but hiding fat.

President Felipe Calderon announced the new rules as a sort of crusade against the power of deceitful advertising.

"Every day, at every hour, on radio, television and the Internet, in print media, the public is literally being bombarded with a huge quantity of ads for all sorts of products that supposedly have curative powers," Calderon said. "They put the health and economic well-being of the population at risk."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/bbd825583c8542898e6fa7d440b9febc/Article_2012-01-19-LT-Mexico-Fake-Medicines/id-821947479b754098a9d173adc615734e

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Thursday, January 19, 2012

"Abduction" hits Facebook, DVD, Blu-ray simultaneously (Reuters)

LOS ANGELES, Jan 17 (TheWrap.com) ? Taylor Lautner is helping Facebook make history.

His action movie "Abduction" has been released simultaneously through the social-networking site, DVD, Blu-Ray and digital download -- an industry first, Lionsgate announced Tuesday.

For $3.99, Facebook users in the U.S. can watch "Abduction" on demand via the movie's page on the social-networking site. At the same time, they can interact with friends, tag clips, interact with poll questions and answer a trivia question that unlocks an exclusive interview with Lautner, via technology from the Milyoni company.

"We are excited to offer our highly social, tech-savvy movie fans a whole new experience with the release of 'Abduction' on Facebook," Anne Parducci -- who is executive vice president of Lionsgate Home Entertainment, Marketing -- said in a statement.

"By leveraging the built-in social backdrop of Facebook and the tremendous reach of the platform, plus the opportunity to see special content featuring, we hope to offer fans a truly exhilarating viewing experience," the statement continued.

"Milyoni's immersive technology allows innovative movie studios like Lionsgate to integrate fun social features into all aspects of the digital viewing experience," Milyoni CEO John Corpus said. "The movie industry is on the verge of a new golden age - one that allows fans and their powerful social networks to spread the word and extend a movie's viral effect across regions."

This is the second unconventional release for "Abduction." In an attempt to capitalize on holiday sales, the movie was released at a slightly premium VOD price for 10 days in late December -- well before hitting shelves in other formats.

(Editing By Zorianna Kit)

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/nm/20120118/film_nm/us_abduction

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Beyonce And Jay-Z's Baby Girl: What Does Her Nursery Look Like?

PoshTots' Andrea Edmunds shows MTV News what Blue Ivy's nest might look like.
By Christina Garibaldi


Beyonce arrives at the 2011 VMAs
Photo: Kevin Winter/ Getty Images

<P>Last week, <a href="/news/articles/1677033/blue-ivy-beyonce-jay-z-leaves-hospital.jhtml">Beyonc&#233; and Jay-Z left Lenox Hill Hospital</a> with their new bundle of joy, Blue Ivy Carter. Born on January 7, baby Blue already made history when she became the youngest to make it on a <a href="/news/articles/1677163/beyonce-jay-z-baby-blue-carter-glory-song.jhtml"><i>Billboard</i> chart</a>, so it's safe to assume that Blue is destined for success. For now, Blue and Mom are hopefully resting at home in what is sure to be a very chic nursery. So what could <a href="http://www.mtv.com/music/artist/knowles_beyonce/artist.jhtml">Beyonc&#233;</a> and <a href="http://www.mtv.com/music/artist/jay_z/artist.jhtml">Jay-Z</a>'s nursery for Blue look like? To get an idea, MTV News caught up with Andrea Edmunds, the president of PoshTots, a designer of choice for celebrity parents looking to create a dream nursery. <CENTER><embed src="http://media.mtvnservices.com/mgid:uma:video:mtv.com:725377/cp~name%3Dnews%26id%3D1676907%26vid%3D725377%26uri%3Dmgid%3Auma%3Avideo%3Amtv.com%3A725377" width="460" height="260" type="application/x-shockwave-flash" allowFullScreen="true" allowScriptAccess="always" base="."></embed></CENTER> Edmunds has worked with Heidi Klum, Kimora Lee Simmons, Gwyneth Paltrow and a host of other stars to help get their homes ready for a baby. On Thursday, Edmunds stopped by MTV News and put together a dream nursery for Blue Ivy, which included a star favorite item, the <a href="http://www.poshtots.com/baby-furniture/baby-furniture/bassinets-cradles/dynasty-cradle/18/207/1315/1550/poshproductdetail.aspx" target="_blank">Dynasty iron cradle</a>. "A cradle is a must for moms who want babies close by. We have a lot of celebrity moms who have purchased this actual cradle." Edmunds said of the cradle, which retails for $2,000. "It's sophisticated, it's elegant and &#8212; look at it &#8212; I think it says Beyonc&#233;." Edmunds also brought along some of her most popular baby gifts, which include angora booties (a popular gift among celebrities like George Clooney and Paltrow). "A silk charmeuse blanket retails for $450, and it's a favorite gift. Gwyneth Paltrow has given this as baby gifts and it's a favorite among celebrities." Now, Edmunds would not divulge if Beyonc&#233; is a client, but rumors have been swirling that she and Jay-Z registered for her <a href="http://www.poshtots.com/interior-design-guide/nursery-necessities/all-baby-cribs/fantasy-carriage-crib/3378/3381/1313/12867/poshproductdetail.aspx" target="_blank">Fantasy Coach Carriage Crib</a>, which retails for $20,000. "I will tell you that we do have a coach carriage, and we have sold the coach carriage." Edmunds said. "We do work with a lot of celebrities, and we do respect our clients' confidentiality." <i>What do you think Blue's nursery looks like? Let us know in the comments.</i> </p>

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Source: http://www.mtv.com/news/articles/1677307/beyonce-jay-z-blue-ivy-carter-nursery.jhtml

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