Tuesday, January 10, 2012

For Romney, size of any NH victory may shape race (AP)

MANCHESTER, N.H. ? While Mitt Romney is the overwhelming favorite to win the New Hampshire presidential primary, the size of his expected victory could help shape upcoming contests in South Carolina and Florida.

Romney's five opponents will try to shrug off a convincing victory as the expected outcome for a former Massachusetts governor who owns a vacation home here. But a narrow win in the nation's first presidential primary ? or a surprisingly strong finish from one of his rivals ? will be played up as more evidence that Republicans still have their doubts about Romney.

Those doubts were on display in Dixville Notch, the tiny New Hampshire village that traditionally votes at midnight. Romney and Jon Huntsman each received two of the six votes cast; Newt Gingrich and Ron Paul received a vote apiece.

The rest of New Hampshire voters go to the polls Tuesday after receiving months of attention from the Republican candidates and witnessing an increasingly sharp tone in the intraparty struggle for the nomination.

"If I am president of the United States, I will not forget New Hampshire," Romney said during a Monday night rally in Bedford, hinting at the impact of Tuesday's contest while surrounded on by his wife, children and grandchildren.

None of Romney's rivals has proved to be a consistent and credible threat to the former Massachusetts governor. The latest to emerge from the pack is Rick Santorum, the former Pennsylvania senator who used a passion for social conservatism and a populist economic message to come within eight votes of Romney in Iowa's caucuses.

In New Hampshire, "second place would be a dream come true," Santorum said Monday as he raced through a campaign schedule that spanned more than 14 hours.

New Hampshire, which allows independents to vote in its primary, will help decide whether a candidate with Santorum's focus can appeal to a broader electorate, as would be required in a successful general election. On the other side, Huntsman is relying upon independents and moderate Republicans to fuel a late surge to relevancy.

A former ambassador to China in the Obama administration, Huntsman spent the last 48 hours trying to capitalize on a notable debate exchange with Romney. A relentless critic of President Barack Obama, Romney had criticized Huntsman for serving as an ambassador in the Obama administration. Huntsman countered that he had put his country ahead of partisan politics.

Huntsman, a former Utah governor, aired a new television ad highlighting his call for national unity and adopted a new campaign slogan, borrowing "Country First" from 2008 GOP nominee, Sen. John McCain.

Polls suggested Huntsman may be on the rise, but New Hampshire voters will decide if it it's too little, too late. Having skipped Iowa to focus on New Hampshire, he could be pushed out of the nomination race if he finishes below third place in the six-man field.

Huntsman told supporters packed into the Exeter Town Hall Monday night to remember one word as they head to the polls Tuesday: "Trust."

There are multiple wild cards, however, including Ron Paul, the 76-year-old Texas congressman who has worked for months to build a strong organization here and enjoys a passionate following. He is sometimes marginalized because of a quirky demeanor and unconventional foreign policy, but he has run a strong second to Romney in the New Hampshire polls for much of the year.

And there's former House Speaker Newt Gingrich, who may have a tremendous impact on the contest even if he doesn't fare well personally. Picking up on Democratic criticism, Gingrich and his allies have fueled attacks on Romney's business career that intensified in recent days.

"Now we'll see if he has the broad shoulders and can stand the heat," said Gingrich, whose positive message in Iowa became distinctly negative following his disappointing finish there.

Texas Gov. Rick Perry joined the Romney bashing from South Carolina, where he's been planted for the last week.

Source: http://us.rd.yahoo.com/dailynews/rss/politics/*http%3A//news.yahoo.com/s/ap/20120110/ap_on_el_pr/us_gop_campaign

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Monday, January 9, 2012

AcerCloud unveiled, bringing free cloud connectivity to all future Acer PCs

Acer
Acer's just previewed its latest entry to cloud computing, aptly titled AcerCloud, allowing users to access multimedia and data files remotely whether or not their main PC is asleep. The feature will be available free of cost on all future consumer Acer PCs. Acer's latest enlists the outfit's Always Connect service to wake up PCs from sleep mode, enabling transfer from smartphones and tablets. Among the services included are PicStream, which allows for cloud-based photo sharing, AcerCloud Docs, for storing and accessing (guess what?) documents, and clear.fi that allows for streaming of media from the cloud to almost any device. Compatibility is currently limited to Android smartphones and tablets, but support is apparently in the works for Windows-based devices. The feature will start popping up on new PCs in Q2 2012 and will launch worldwide in Q4. You can sign up now and get a notice when it's available.

For more, check out the full PR after the break.

Continue reading AcerCloud unveiled, bringing free cloud connectivity to all future Acer PCs

AcerCloud unveiled, bringing free cloud connectivity to all future Acer PCs originally appeared on Engadget on Sun, 08 Jan 2012 16:03:00 EDT. Please see our terms for use of feeds.

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Friday, January 6, 2012

India v Australia - Live updates

Send us all your match views and remarks to liveresponse@thehindu.co.in

Check the live score ticker on the right of this page for the latest score

10:29: Well the pitch has eased out, as the Australian innings proved. So batting surely easier now, no extra bounce as was seen during India's first innings. Swing down to a minimum too.

Huge moment for Gambhir, a fifty out of the blue when the chips were way down.

10:23: Gambhir reaches 50 with a streaky couple. Closes the face of the bat to a full ball from Pattinson, ball moves away and a leading edge falls just short of cover.

10:20: Gambhir continues with his attack, this time lifts Pattinson over point for four. Great signs for Gambhir and India, with Gambhir moving to 47. The team desperately needs him to find form again quickly.

10:12: Pattinson resumes and tempts Dravid with full balls outside off. Dravid knows better than to fish at those with 3 slips and gully in place. Leaves them well alone.

10:08: We're back and Dravid plays out a maiden over from Pattinson first up.

Can Dravid and Gambhir bat out the day and give its fans hope of a miraculous escape? Can Gambhir regain form, similar to how Ponting scored his first century in two years? All the answers in the post-Tea session, coming to you at 10.05 (IST).

India still 415 adrift, though it is a matter of time rather than runs now.

Gambhir on 39 and looking good. That is the only positive for the Indians today. Feet are moving, some crisp strokes.

It's Tea and India finish the second session on 53/1.

09:40: And Shastri cannot help but ask the question every Indian asks a foreigner - "Do you like Indian food?". Gillard says she does like Indian food. Shastri fell for that just like Sehwag fell for the cut shot.

09:38: Gillard talks about the good relations between India and Australia. Shastri, meanwhile, reminds her that come the 2015 World Cup, India will be the defending champions. Gillard says she is aware and Shastri is happy.

09:35: Australian Prime Minister Julia Gillard comes to commetary with Ravi Shastri. She says she is happy to be here on this historic occasion of the SCG hosting its 100th Test. She congratulates Clarke on his 300, and adds that the SCG is getting ready for the 2015 World Cup.

09:34: 10 minutes to go for Tea. Here comes Nathan Lyon.

Ujwal sees the funny side -

'The possibility of India losing before the end of the day is pretty high. Can India and Australia play couple of T20?s in the remaining two days? Indian players and Indian crowds need a confidence booster!'

09:22: Gambhir unwilling to be bogged down. 2 fours on the trot through the covers and he moves to 25 in 23 balls.

09:17: Rahul Dravid in a 'oh so familiar' situation. But even he will not feel too good about India's state now. One thing for sure, Australia will have to produce a brute to get him out. No gifting wickets when it comes to Dravid.

Sehwag goes for 4, and he just cannot stop himself from cutting a wide ball. He knows the plan to get him out at point, but he cannot resist. Did not even try to get it over point.

09:09: Sehwag out! Hilfenhaus the beneficiary of good planning. Short and wide, Sehwag can't help but slash at it, Warner at point picks up a sharp catch. Carbon copy of Sehwag's dismissal in the second innings of the first Test, even the front leg was lifted off-balance once again.

Gambhir under intense pressure to perform. He's got only 2 fifties since the start of the England tour, that's 14 innings. His last century came in January 2010 against Bangladesh.

09:02: Gambhir starts positively with 2 fours off Pattinson. Positive, but a bit risky flashing outside off.

08:52: Sehwag and Gambhir walk out.

Now it is up to the Indian batsmen to keep this series alive.

Clarke unbeaten on 329, he isn't interested in going after Lara's 400. The Indian bowlers have been hit all over, with all 4 full time bowlers going for more than 100 runs.

So Australia bat just a little past Lunch to declare on 659/4. Clarke put at an end to the innings immediately after Hussey reached 150. He obviously would have declared even earlier if not for Hussey's milestone. Whatever the case, this still leaves India with a mountain to climb.

The innings comes to a close, though I don't think the Indians will be relieved to go off. 223 overs remain in this Test, India will have to bat at least 180 overs to feel safe.

Australia declare! Lead of 468.

08:42: Hussey gets to 150. The crowd applauds.

Kohli had tweeted that the crowd said the 'worst things about your mother and sister, the worst I?ve heard'. Australian crowds can be pretty brutal on touring sides, just ask Michael Holding why he cried after his maiden tour to Australia. That's right, it's all documented on 'Fire in Babylon'.

08:37: PTI reports - Virat Kohli has been fined 50 per cent of his match fee after being pictured showing the middle finger to the Australian crowd yesterday. The level two offence for breaching the ICC?s code of conduct relates to ?using language or gesture(s) that is seriously obscene, seriously offensive and of a seriously insulting nature to another player, player support personnel, umpire, match referee or any other third person during an international match".

This partnership now goes past 300, and looks good for much more. What can the Indians possibly do? It's actually better to allow Australia bat, instead of triggering a collapse and getting them all-out quickly. That way they will have less time to bat. I'm talking crazy now, but it's beginning to make sense after just over 2 days of an Australian pounding.

08:20: Looks like Clarke is not content with the 439-run lead. I suppose he wants more, maybe add to the 319 he's got.

Even if Australia declare at Tea today, which I would consider prolonging the declaration more than necessary, India will have to bat out 7 sessions to draw the match. That's a little over 200 overs of batting. It is possible, but highly unlikely, given the recent form of the Indian batsmen.

07:59: Clarke now has the sixth highest score by an Australian. Bob Simpson, Don Bradman, Mathew Hayden and Mark Taylor some of the legends above him in the list.

Look at Clarke's innings in context of this match. Came in at 37/3, with India on a high. Then just shut out India with Ponting, and now the lead is past 400. The series could well end because of Clarke's knock.

07:53: Michael Clarke with his 300! Flick through midwicket for four and Clarke celebrates a massive milestone. There is a huge crowd here to appreciate his innings, and he celebrates by taking off his helmet and punching the air. This is the first time he is crossing 200, and makes doubly sure by making a triple.

07:51: The part-time off-spin of Virender Sehwag is dealt with disdain by Hussey. Drop it short, Hussey pulls for four. SLightly full outside off, Hussey slog sweeps for four.

07:47: Clarke goes to 299 with a beauty! Straight and full from Ishant, Clarke drives straight back the bowler for four.

07:42: We're back with live action. Ishant Sharma is on.

Will Australia declare after Clarke gets his 300? Find out when we resume with the second session at 7.35 (IST)!

And there you go. As predicted yesterday, Australia close in on the 400-run lead by Lunch. Hussey gets his 100, Clarke on 293. Both are still around so India's nightmare continues. They would have hoped for a couple of early breakthroughs today, but nothing came. The bowling and attitude of the Indians has been better today, but Clarke and Hussey are in top class form. Both batting like a boss, with Clarke closing in on the 300.

07:03: It's Lunch and Australia showing no signs of taking it easy on the Indians. 583/4 with a lead of 392.

Sehwag with (definitely) the last over before Lunch.

06:59: Ishant Sharma smacked for two four by Clarke in that over. One through cover as usual, one to third man off an under-edge. Clarke on 293 now, lead moves to 390.

Ishant Sharma to bowl in what should be the last over before Lunch.

06:52: Hussey on the attack. Dances down the track real quick to Ashwin, he knows he's still not to the pitch but goess through with loft over mid-off anyway. Ashwin slowed it down and gave more air on that ball, but Hussey is confident he can do damage anyway.

06:42: Hussey gets his 100! That's his 16th hundred, and Hussey with the third Australian century in this innings. Typical Hussey innings, lots of singles and twos with quick running, and the boundary when the ball is loose.

06:40: Hussey on 99 now. Chanceless innings.

06:30: Giant screen shows Clarke now has the highest score for an Australian captain in Australia, beating Don Bradman. Clarke also moves to the 8th highest score by an Australian overall. Mathew Hayden on top of course, you'll remember the massacre against Zimbabwe when he made 380.

Clarke on 272 and there's nothing going to suggest he will not reach his 300.

06:23: Clarke in top touch. Umesh Yadav with the reverse swing, floating into his pads, Clarke covers the line with his frontfoot and whips it between deep midwicket and long on for four.

06:21: Michael Hussey on 92 now. Strong off-side play, be it the cut or drive. Field is back so he can score there at will.

06:19: Singles, singles, and more singles on offer. Gleefully taken. Ashwin bowling, a slip and silly point with cover and mid wicket on the edge pf the circle. All others on the boundary.

06:12: Heard from a friend in England that Ian Chappell has lashed out at the Indian selectors yesterday on TV for not being brave enough to prepare for the future by picking young batsmen. Hard to blame the selectors really, there's no way you can drop Laxman, Dravid or Sachin unless they decide to retire themselves. I'm saying this keeping in mind what the selectors went through in their meeting before this series started.

05:56: The length has changed from India today. Fuller and little wide of off stump. Testing Clarke and Hussey, but they are still around on 261 and 76 respectively.

05:34: Australia will most likely bat till they get a lead of around 480, which could take till Tea today. If they are adamant about batting only once and grinding the Indian bowling to dust, they could even bat all day today, simply because there is still so much time in this Test. But I'm hoping for an early declaration, say with a lead of 400. That way, the Australians can really send a telling message to the Indians, that they don't believe the Indians can bat long enough to even save a smaller lead.

05:28: Clarke absolutely murdered the bowling with his lovely cover drives yesterday, regularly getting fours in the region. Dhoni is up to the task today, bringing virat Kohli in at short-cover to Clarke. There is a sweeper at deep-point, everyone else on the off-side is in the circle, which is good to see.

05:27: Offie R. Ashwin comes in early in the day, around the wicket. Clarke defends and plays out the over without incident.

Boy, how good was Ponting yesterday? Never mind the unresponsive pitch or poor bowling, the century was significant given the kind of pressure he was in. S. Ram Mahesh talks to Ponting after his century yesterday, click here to read what Ponting said about playing under intense scrutiny.

05:22: Hussey starts from where he left off last night. It's those impressive cover drives he employed so effectively yesterday. Zaheer Khan this time, full and wide, Hussey leans forward and pierces a packed off-side field for a four.

Yesterday was a terrible, terrible day for India. They handed Ponting a century with some gift short balls and defensive fields, and then did the same for Michael Clarke. And the day got no better after Ponting left for 134, as Michael Hussey then came on and made an unbeaten fifty. But most of all, the attitude of the Indians was a let down. The bowlers were low on confidence, and the fielders looked jaded, defeated. Imperative the Indians put up a fight today, just to show Australia that they will not simply roll over and concede defeat so early in a Test.

05:15: So the lead at 297 now, I reckon Australia can get a 400-run lead by Lunch today. All eyes on Clarke now though, he is 47 shy of 300.

05:00: Start the day with overnight batsmen Michael Clarke and Michael Hussey. Clarke on 251, Hussey on 55

Promises to be another long, tiring day for the Indians. Let's see how they hold up and what kind of fight and attitude they bring today.

Hello and welcome to The Hindu's coverage of the third day of the second Test between India and Australia at Sydney.

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Source: http://www.thehindu.com/sport/article2776842.ece

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Yahoo picks PayPal's pocket to hire latest CEO (AP)

SAN FRANCISCO ? Yahoo's previous turnaround attempts have flopped under three different leaders with dramatically different backgrounds ? former movie mogul Terry Semel, beloved Yahoo co-founder Jerry Yang and profanity-spewing Silicon Valley veteran Carol Bartz.

Now, the struggling Internet company is making yet another unorthodox choice with Wednesday's announcement that it has lured away Scott Thompson from a lower-profile job running eBay's thriving PayPal service to step into the pressure-packed position as Yahoo's fourth CEO in less than five years.

The appointment raised questions among analysts, since Thompson, 54, has no experience in online content and advertising, Yahoo's chief sources of revenue. The timing of Thompson's hiring also came as a surprise, given that Yahoo's board has been considering a sale of all or part of the company since firing Bartz four months ago.

With Thompson's selection, Yahoo's board is signaling that it believes the company can still rebound, despite several years of losing ground to Google and Facebook in product innovation and online advertising.

Even so, a sale of Yahoo's most prized assets ? its investments in Yahoo Japan and China's Alibaba Group ? is likely. Softbank Corp., Yahoo Japan's largest shareholder, and Alibaba Group have proposed buying back most of Yahoo's holdings in the Asian companies in a deal valued at $17 billion, according to published reports.

Yahoo Chairman Roy Bostock dismissed recent speculation that Yahoo might team up with buyout firms to take the company private.

"It has not been on our radar screen," he said Wednesday. "I think it's a moot issue from my point of view."

Thompson's job will be to revive Yahoo's revenue growth and repair the company's fractured relationship with investors fed up with a litany of broken turnaround promises.

Yahoo's stock hasn't traded above $20 in more than three years. On Wednesday, it dropped 51 cents, or 3 percent, to close at $15.78. Those are difficult numbers for stockholders to stomach, given that Microsoft Corp. offered to buy Yahoo in its entirety for $33 per share, or $47.5 billion, in May 2008.

"There is no shareholder or investor who will be less patient than me," Thompson, a Boston native who still has his hometown accent 18 years after moving to California, said in an interview. "We have got to be able to grow this business. There is no question that is priority No. 1."

Thompson's predecessors embraced a similar agenda with mostly dismal results.

Analysts estimate Yahoo's revenue last year totaled about $5 billion, down from nearly $7 billion in 2007. During the same span, Google's revenue soared from $17 billion to an estimated $38 billion. Privately held Facebook doesn't disclose its finances, but

Thanks largely to cost-cutting measures imposed by Bartz, Yahoo has become more profitable. Last year, it earned an estimated $1.1 billion, up from $660 million in 2007.

Still, investors are disappointed with the downturn in revenue at a time when advertisers are spending more money on the Internet.

Yahoo was attracted by Thompson's impressive track record at PayPal, where he was chief technology officer for three years before becoming the online payment service's top executive in 2008. PayPal's annual revenue more than doubled from $1.9 billion when Thompson took over the division to an estimated $4.4 billion last year.

In a conference call, Thompson said it is too early to offer details on how he intends to revive Yahoo's revenue growth. But he indicated that one of the keys to success will be Yahoo's ability to decipher the information that it gathers on the preferences of its 700 million users so it can help advertisers target their commercial pitches.

"Diving into the data, we are going to find ways to compete and innovate in ways the world hasn't seen yet," he said.

Thompson also will have to lift Yahoo's employee morale, which has deteriorated along with the company's fortunes.

His departure from PayPal threatens to hurt eBay Inc., where the payments service has emerged as the fastest-growing part of a company best known for running online auctions.

EBay CEO John Donahoe said in a companywide email Wednesday: "There is one thing I am certain of: PayPal has an enormous opportunity in front of it and we will not slow down. We will not miss a beat."

Investors weren't as confident. EBay stock fell $1.18, or nearly 4 percent, to close at $30.16.

Thompson received a compensation package valued at $10.4 million, including a $645,000 salary, from eBay in 2010, according to regulatory documents. Yahoo did not disclose how much it offered to lure him away.

Those figures are likely to emerge in a regulatory filing in the next few days.

Yahoo awarded Bartz a compensation package valued at $47.2 million during her first year on the job in 2009. The pay, which included a $1 million salary, consisted most of stock incentives that didn't become as valuable as Yahoo projected because the company's stock remained in a funk during Bartz's tenure.

Source: http://us.rd.yahoo.com/dailynews/rss/internet/*http%3A//news.yahoo.com/s/ap/20120104/ap_on_hi_te/us_yahoo_ceo

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Thursday, January 5, 2012

The Role Of Real Estate Corporate Finance | India Real Estate ...

State Of The Indian Economy

Financial crises in some or the other form are known to happen almost every decade, and in all parts of the globe.? In the past, countries like Argentina, Sweden, Korea, Russia, Indonesia, the UK, Japan and the US have all seen financial meltdowns in varying degrees and for varying reasons. Such crises are the results of overheating markets, excessive debt leveraging, credit booms, errors in reading risks, too much money leaving the country in too short a period, faulty or mismanaged macroeconomic policies and unmonitored deregulation.

India is currently feeling the fallout of the on-going global crisis. The country?s equity and credit markets are reeling under the combined effects of reduced overseas financing for Indian banks and corporates, reduced opportunities to raise funds on the Indian capital market and increasingly constrained internal accruals by corporates.

How Corporates Are Being Affected

The impact of the crisis on Indian corporates is deeper than was initially anticipated. Broadly speaking, the Indian economic outlook must be viewed in a cautious light. Economic activity has definitely slowed and GDP has been rationalized perceptibly. Industrial activity, especially in the manufacturing and infrastructure sectors, has seen marked reduction, and even the services sector ? which has been the sector we were counting on the most ? is slowing down. In fact, the financial crisis and economic slowdown in the developed economies are having a direct impact on the IT, construction and manufacturing industries.

In such an uncertain economic environment, many corporates in India are already facing considerable challenges. While the more cash-rich companies may not be as severely affected, the ones which have lower financial enablement quotients are facing liquidity issues in varying degrees of severity.

The Role Of Corporate Finance

Over the last seven years, there has been a tectonic shift in asset pricing, and real estate has emerged as a very valuable asset class. In earlier times, corporates viewed their real estate holdings as expenditures, since reaping returns on these holdings took a very long time.

Today, corporate real estate holdings in India have emerged as a dynamic asset class ? dynamic enough to warrant the creation of strategy around these assets. With the state of the economy and the resultant liquidity issues being what they are, many of the more stressed corporates are looking at strategizing, optimizing, rationalizing or monetizing their real estate.

Real estate corporate finance is a industry vertical which views and addresses the servicing of such corporates from a strategic business perspective. It transcends the basic corporate leasing model and opens up a timely new way in which to provide corporates with non-performing real estate holdings with real value in a changing world.

Ambar Maheshwari, Managing Director ? Corporate Finance, Jones Lang LaSalle India?

Source: http://www.joneslanglasalleblog.com/realestatecompass/real-estate/2012/01/role-real-estate-corporate-finance/

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