Wednesday, August 8, 2012

Douglas gets chance for 3rd gold on beam

U.S. gymnast Gabrielle Douglas performs on the uneven bars during the artistic gymnastics women's apparatus finals at the 2012 Summer Olympics, Monday, Aug. 6, 2012, in London. (AP Photo/Gregory Bull)

U.S. gymnast Gabrielle Douglas performs on the uneven bars during the artistic gymnastics women's apparatus finals at the 2012 Summer Olympics, Monday, Aug. 6, 2012, in London. (AP Photo/Gregory Bull)

Russian gymnast Aliya Mustafina celebrates after winning he gold medal for the uneven bars during the artistic gymnastics women's apparatus finals at the 2012 Summer Olympics, Monday, Aug. 6, 2012, in London. (AP Photo/Gregory Bull)

Britain's gymnast Elizabeth Tweddle displays the bronze medal for her performance on the uneven bars during the artistic gymnastics women's apparatus finals at the 2012 Summer Olympics, Monday, Aug. 6, 2012, in London. (AP Photo/Julie Jacobson)

(AP) ? Gabby Douglas knows how to deliver.

After bobbling and wobbling her way across the balance beam this summer, the bubbly 16-year-old promised she'd get things cleaned up in time for the Olympics.

Sure enough, not only is Douglas in Tuesday night's beam final, it might just get her a third gold medal.

"If I can just do what I did in the all-around finals or team finals, then I'll be good," she said. "I'm going to get a lot of rest, just rest up, and do a lot of therapies and relax my body and hopefully prepare for that."

Uneven bars may be Douglas' signature event ? it's her altitude sickness-inducing release moves that earned her that "Flying Squirrel" nickname, after all ? but it's balance beam that's made her a star. Her consistency and monster scores on the gymnastics' equivalent of the tight rope were key as the Fierce Five won the team title, the first by the Americans since 1996, and her confident routine two days later gave her the all-around gold, a first for an African-American gymnast.

She's been so good, in fact, that beam, not bars, was considered her best chance for a third gold ? even before Monday's lackluster showing in the uneven bars final.

Douglas finished last in the eight-woman final, the excitement and emotion of the previous week finally catching up with her.

"You get toward the end of the Olympics and you get kind of drained," she said. "I wasn't mad at myself for bars finals, even if it wasn't enough for a medal."

A medal on bars was always a long shot for Douglas, let alone another gold one. Eventual medalists Aliya Mustafina, He Kexin and Beth Tweddle have far more difficult routines, and Douglas would have needed to be perfect while they made a slew of mistakes.

Instead, her routine Monday lacked its usual electricity, and she stalled as she pirouetted on the high bar. It was the briefest of hesitations, and she quickly recovered. But she needed every last decimal point she could get, and that cost her a bunch.

A step on her dismount didn't help and, after politely smiling at the judges, she quickly walked off the podium and headed straight for the sidelines and her gym bag. Her score of 14.900 was the lowest in the field.

"I've got two gold medals. Overall that's very good," Douglas said. "I made a mistake and could have fought harder."

No one will ever say that about Mustafina and Tweddle, whose gold and bronze medals were as much a testament to their grit and determination as to their dazzling athletic skills.

Mustafina's gold came less than 18 months after she blew out her knee, an injury so serious it made her question whether she'd even be able to compete here, let alone show the class and elegance that once made her the world's most fearsome gymnast. Tweddle finally won the Olympic medal that had eluded her for so many years, including a heartbreak four years ago that nearly broke her spirit.

"I tried to say it didn't matter if I didn't medal, but I've got every other title to my name," Tweddle said. "I can now say I would have been devastated walking away with no medal. I am going to sleep easy tonight."

In men's competition, Arthur Zanetti gave Brazil its first medal in gymnastics, upsetting "Lord of the Rings" Chen Yibing for the gold on still rings. South Korea's Yang Hak-seon added Olympic gold to his world title on vault.

Mustafina was so dominant at the 2010 world championships it seemed impossible she wouldn't overwhelm the field again in London. She left those worlds with a medal in all but one event, including the all-around gold, and her haughty attitude was as entertaining as her gymnastics skills.

Six months later, however, she blew out her left ACL at the European championships, putting her chances of simply competing in London in doubt.

"Sometimes I did," Mustafina said when someone asked if she ever considered quitting. "But these urges left me quickly."

She threw herself into her rehab, coming back so quickly she actually tried to convince her coach she could compete at the world championships last fall.

But there were only glimpses of her old self, and she was downright dismal at this year's Europeans.

"I did not believe I could do it," she acknowledged. "I was nowhere near in the shape I am now."

On this night, however, she was as brilliant as she's ever been.

Mustafina's uneven bars routine is packed with so many difficult skills it leaves her gasping for air by the time she's finished. But she makes them look easy, flipping and floating from one bar to another. Her execution is exquisite, her toes perfectly pointed, her legs razor straight.

When she landed, she threw up her hands in triumph and turned on a megawatt smile. When her score of 16.133 flashed, coach Evgeny Grebenkin picked her up in a bear hug, and chants of "ROSS-EE-YAH!" (Russia) rang out.

She now has a complete set of medals, following her silver from the team competition and bronze from the all-around.

"I am very, very happy I've won gold," Mustafina said. "Every medal represents its own thing."

Tweddle might have given Mustafina a real run for the gold had she not landed low on her dismount, needing to take two steps back to steady herself. But after her disappointment four years ago, when she finished a mere 25-hundredths of a point from the bronze, any medal was as good as gold.

"I saw myself in third and I thought: 'Please don't be fourth again,'" she said. "I just can't put into words what it means to me."

The British have become a surprise force in gymnastics ? they won four medals at these games ? and it was Tweddle who led the way. Her bronze at the 2003 world championships was the first world medal for a British woman, and she won Britain's first world title, on uneven bars, three years later. She has since added two more world titles, one on floor exercise in 2009 and another on bars in 2010.

"It's the best feeling in the world," Tweddle said after securing her bronze. "It's the one medal that was missing from my collection and I've always said I don't care what color it is."

___

AP Sports Writer Will Graves contributed to this report.

___

Follow Nancy Armour at www.twitter.com/nrarmour

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2012-08-07-OLY-GYM-Event-Finals/id-2254a8f6141c4b92bf560d7c6664e6d7

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Executive Search Techniques and the Fundamentals of a Good Hire ...

As employers begin working to retool their hiring practices in order to cope with the current talent shortage and other new complications in the job market, while many are looking to dramatic new strategies for solutions, others have realized that the answer may be far simpler, and that the real answer to these problems is in refocusing their old hiring tactics. To do this, employers will first need to find a better definition of what it is that makes a great new employee. So, here are four more candidate qualifications that employers will need to recognize and asses, as compiled by executive search firms.

  1. One of the most obvious subjects that will need to be addressed during the interview process is the matter of compensation and benefits. Employers will of course go into these proceedings with expectations in place for what they will be willing to provide to their new hire, and of course each candidate will have their own expectations as well. The earlier this subject can be brought up and these expectations compared, the less time can be wasted on those individuals whose expectations do not mesh with those of the company.
  2. Yet another crucial factor that employers should look for in their candidates is the willingness of the individual in question to fully commit to their company for the long term. All too often employers will take on a candidate who has outstanding qualifications and skills only to find a short time later that that individual has decided to move on to another organization. Here interviewers will need to take a careful look at candidates? resumes and inquire thoroughly about the individual?s work history to establish a timeframe of how long they have spent in their past roles.
  3. One of the most vitally important factors that employers must take into consideration when assessing the candidate?s level of compatibility with the organization itself is what ethical and moral beliefs the individual in question holds. Any successful organization has their own ethical code which they function under and in order for a new hire to successfully blend into the organization without causing problems, employers will need to determine whether or not a candidate possess those same set of ethics. While this can be tricky to determine this is perhaps most easily done through a series of carefully selected and structured line of questioning in the interview process designed to determine how the individual has had to cope with ethical decisions in the past.
  4. Every company has their own distinct corporate culture, and if they are really striving for success this is something they have taken into careful consideration and spent a good deal of time defining and refining. Given the value of a company?s corporate culture in the structuring of their organization, the setting of the company?s goals, and the route they have set for themselves to achieve those goals, it is then vitally important that new hires be individuals who mesh well with this preexisting culture. While making such an assessment can be complicated, the most sure way of doing so is to add an additional step to the executive search and hiring process by including other individuals from within the company in the interview process, as well as setting up times for top candidates to come in and shadow some of their prospective coworkers and managers to allow both parties to get a feel for one another and how successfully they will be able to work together.

Source: http://www.conselium.com/compliance-search-blog/hiring-effective-management-techniques-for-clients/executive-search-techniques-and-the-fundamentals-of-a-good-hire-part-two/

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Carkhana Launches Primo Car GPS Navigation Product For Online ...

Carkhana, India?s leading E-commerce portal for Automotive Industry announces the launch of new entrant to its Car GPS Navigation products category ? 4.3? Car GPS device from Primo India.

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Tweet This http://www.Carkhana.com, India's leading E-commerce portal for Automotive Industry announces the launch of new entrant to its Car GPS Navigation products category -- 4.3" Car GPS device from Primo India.

With the announcement, Primo's latest model Primo GPS PG400-X will be available for retail online in India through Carkhana.

The revolutionary 4.3 inch touch screen GPS device offers All-India maps for over 1000 Indian cities. The device is compact, easy to use and packs in multimedia features. It also plays the role of an MP3 & video player and 4GB expandable memory. The maps have comprehensive coverage of more than 1000 cities in India. And if you are on the roads to see the wide and varied tourist spots spread across the country, the device comes loaded with around 35 lakh ?Points of Interest'. It is also loaded with a satellite based voice-guided navigation and the voice guidance is provided in 10 different languages - English, Hindi, Marathi, Bengali, Gujarati, Kannada, Malayalam, Oriya, Tamil and Telugu. While the MRP of the model is about INR 9999, it is available on Carkhana at INR 7999 carrying 20 percent discount.

More details are available here - http://carkhana.com/index.php/primo-gps-best-4-3-car-gps.html

The products will be available for sale all across the country using Carkhana's specialist logistics partners and across online channels like Junglee

About Carkhana.com: Carkhana.com is India's leading e-commerce portal for the automotive industry with over 40+ partner brands, 500+ products, FREE Shipping pan-India and a dedicated customer care team. For more info, checkout http://www.carkhana.com, the official blog at http://www.carkhana.com/blog. Its official page on Facebook is http://www.facebook.com/carkhana and its twitter handle is http://www.twitter.com/carkhana

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Tuesday, August 7, 2012

Private Equity as an Alternative Form of Financing | Private Equity in ...

From the perspective of a Private Equity firm, it is easy to see the mutually beneficial relationship it may enjoy with a company possessing good growth potential. For business owners who have no prior dealings with PE firms, things may not always be as obvious. It is thus important for PE practitioners to articulate and accentuate the role of PE as an alternative source of financing for target companies. Given the host of funding options available, business owners may not always be able to recognize the benefits that make PE a compelling alternative. Indeed, debt financing via banks loans has long been the traditional option undertaken by most mid-sized companies.

If one were to look around for a real life example comparing debt financing (bank loan) and PE financing, the case of International Lease Finance Corporation (ILFC) and Air Lease Corporation (ALC) clearly exemplifies such a comparison.

Founded in 1973 by Steven Udvar-Hazy and Leslie Gonda in 1973, ILFC has been regarded as the pioneer of the aircraft leasing business. Following an IPO on the NYSE in 1983, ILFC was bought over by current owner, AIG, for US$1.3 billion in 1990. Despite a proliferation of competitors in the 1990s, ILFC surmounted challenges to establish itself as one of the largest aircraft lessors globally by the late 2000s, second only to General Electric?s aircraft leasing unit, GECAS. However, after the Federal bailout of AIG in 2008, compensation curbs as well as limits to purchase new aircrafts were imposed on ILFC. Between 2008 and 2009, AIG had actively sought to sell off many assets, including ILFC, in order to pay down its debt. In failing to attain a good sale value for ILFC, AIG then embarked on the disposal of ILFC?s existing fleets. Steven Udvar-Hazy had then rallied up several potential investors in bid of a potential MBO to extricate ILFC from its debt-laden owners. The failure of the MBO eventually saw industry veteran Steven Udvar-Hazy leaving ILFC to set up ALC in early 2010.

The recovery of the global economy and the broader airline industry saw both ILFC and ALC seeking financing to fund purchases of aircrafts in 2010. While the duo was as alike as peas in a pod (barring size), the two companies embarked on markedly different paths of financing. Most significantly, ILFC secured a US$1.5 billion term loan with Citi, BNP Paribas, DVB and Credit Suisse, as well as a US$2 billion 3-year revolving credit line from AIG and the Federal Reserve Bank of New York. ALC on the other hand, opted for a bulk of its financing to be PE-based ? a total of US$500 million was invested by PE firms Leonard Green & Partners, and Ares Management. (Another US$1 billion of equity financing was also raised from various investors)

In 2011, both companies announced plans to file for an IPO. ALC successfully went public in April 2011, raising a higher than expected US$802.5 million. ILFC on the other hand, had waited till September before officially filing for its IPO, and the actual IPO date has in fact been shelved indefinitely, with owner AIG citing weak IPO markets as the key reason for the delay. The latest twist in this saga sees ILFC owner AIG taking Steven Udvar-Hazy to court early this year over allegations of stealing trade secrets and other confidential information.

? International Lease Finance Corporation (ILFC) Air Lease Corporation (ALC)
Founded 1973 2010
Revenue (2011) US$4.5 billion US$336.7 million
Net Income/Loss (2011) (US$723.9 million) US$53.2 million
Book Value (2011) US$ 7.5 billion US$2.2 billion
Average No. of Aircrafts in Fleet (2011) 932 46
Targeted Amount to Raise in 2011 IPO US$1.5 billion US$625.0 million
Status of IPO Postponed Successfully Raised US$802.5 million
Figure 1: Comparison Table between ILFC and ALC

As we eagerly watch the saga further unfold, what is clear is that ALC has claimed victory in a ?David and Goliath? battle to secure public equity financing against ILFC. It is apparent that the young company with no more than 50 aircrafts has reaped significant gains from its partnership with its PE investors. The speedy and smooth IPO process demonstrates 2 of the key advantages that PE-backed firms have over debt-financed counterparts: 1) Greater support for IPO arising from incentive for PE firms to exit, and 2) Access to PE firms? rich experience with deal structuring, IPOs, as well as the firms? extensive networks. Further, from a business perspective, PE-backed firms may also enjoy synergies with the other companies in the PE firms? portfolios. For example, aircraft and engine components manufacturer Aersale, one of Leonard Green & Partners? portfolio companies, would have presented ALC with an invaluable opportunity for collaboration. This benefit is likely to be even more apparent for sector-focused funds. Finally, PE-backed firms will most certainly benefit from a greater alignment of interests (with those of PE firms) to grow and increase the value of the company. In contrast, the alignment between debt-financed companies and debtors is more likely to be limited to the timely payment of interests and the principal on maturity.

The lesson drawn from this case can also be applied in China or the region in general. From personal observation, PE is much too often misunderstood, or incorrectly associated with other forms of investments. In China for example, PE is best termed as ?Si Mu Gu Quan Tou Zi Ji Jin?, which literally translates to ?privately-raised equity investment fund?. A shorter form of the term ? ?Si Mu Ji Jin? (taking the first and last two characters of the original) ? while used commonly, is also a cause of confusion for many Chinese business owners as it is occasionally employed as an umbrella term for other forms of private investment vehicles such as hedge funds. In Singapore, PE is instead often inappropriately associated with Venture Capital, evidently so in local media coverage and universities curriculum. Lack of knowledge about the concept of PE, and consequently an unawareness of the wealth of resources, experience and networks that PE firms can present to a company is most certainly a key factor deterring business owners from seeking out PE financing. Thus, there is certainly an impetus for practitioners to actively educate business owners about this invaluable source of project financing in order to take the Private Equity industry in the region to the next level.

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Nicotine Replacement Therapy to stop Cigarette smoking ?

There is no denying that smoking is really a serious health hazard, an expensive habit in addition to a habit that is an incredibly addictive and difficult to kick, but also one that may be kicked as many smokers have proven.

Some smokers are able to stop smoking cold turkey with no outside help while others need all of the help they can obtain.

For these smokers this maybe the nicotine area, gum, inhaler or nasal spray that they choose to use to assist them within their challenge to stop cigarette smoking. All of these smoking replacement therapy (NRT) products work in a similar way and provide a dose of nicotine to a smoker via an alternative means to cigarettes.

The nicotine patch when put on a clean, dry area of skin realises a dose of nicotine to the bloodstream steadily over a 24 hour period prior to being removed and replaced having a new patch. These patches come in a variety of strengths with a smoker usually beginning this form of treatment on a patch having a high dose of smoking before moving onto a patch having a lower level of nicotine after a few weeks.

The nicotine gum is actually chewed on like regular gum after which placed between the cheek and the gum where the smoking is absorbed. Like the patch the gum is available in varying strengths.

The nicotine inhaler is shaped like a cigarette and held and inhaled on just like a regular cigarette. This plastic device contains a nicotine cartridge with the number of cartridges used each day being reduced over a set period of time.

Finally the nicotine sinus spray is another NRT item that is used numerous times per day with the amount of sprays being administered every day decreasing over numerous weeks.

All of these NRT products can however cause side effects which include nausea, headaches and indigestion and when using any NRT product it is important not to smoke. Women who are expecting or breastfeeding should talk to their doctor before utilizing any nicotine replacement therapy product.

Finally as it says in the instruction these products are only effective when used with an overall system of support.

Within communities all over the country there are support groups that can be joined or one-on-one counselling having a psychiatrist could be utilized. Any health care professional should be able to guide you towards these causes of help.

Other aids available to assist a smoker stop smoking include hypnosis, acupuncture and aromatherapy. Overall, whether you attempt to prevent smoking alone, with the help of the book, hypnosis, acupuncture, aromatherapy or nicotine replacement therapy the important thing is that you are creating a quit smoking attempt.

Nicotine Replacement Therapy

Source: http://all-articles-directory.com/nicotine-replacement-therapy-to-stop-cigarette-smoking/

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Monday, August 6, 2012

AndrewJBone: A couple of twitter handles you should add @NASA, @MarsCuriosity bringing the human race images from another planet. Stunning, epic!



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