Tuesday, January 23
Optimer Pharmaceuticals sets IPO at 5.25 mln shrs
Optimer Pharmaceuticals Inc., a development stage company, on Monday said it is planning 5.25 million share in an initial public offering for $12 to $14 per share.

The underwriters, led by Piper Jaffray and Jefferies & Company, will have the option to buy 787,500 more shares to cover over-allotments, according to an amended offering document filed with the U.S. Securities and Exchange Commission.

The San Diego, California-based is seeking a Nasdaq listing under the symbol "OPTR"
posted by ^%&^ @ 8:47 AM   0 comments
Judge refuses to block exit pay of ex-Home Depot CEO
A Georgia state judge on Monday declined to issue an injunction blocking the severance pay of Home Depot Inc.'s (HD.N: Quote, Profile , Research) former Chairman and Chief Executive Robert Nardelli.

"On the injunction, I'm going to deny it with the proviso that I may consider it at a later date," Judge Craig Schwall of Fulton County Court said at a hearing to discuss the injunction request. He said would give lawyers for shareholders who sought to block the exit pay about 60 days to gather information in the case.

"If I grant the injunction and it's wrong, Mr. Nardelli could be aggrieved," Schwall said. He said he could take action down the road against Nardelli if problems arose.

Nardelli left the home improvement retailer earlier this month by mutual agreement with the board. He was granted severance of $210 million.

posted by ^%&^ @ 8:43 AM   0 comments
S.Korea's SK Corp. profit falls 16 percent
SK Corp. (003600.KS: Quote, Profile , Research), Asia's third-biggest oil refiner, reported on Tuesday its 2006 net profit fell 15.7 percent due to weak refining margins and mild winter weather that has been hindering demand for fuel oil.

SK, which controls nearly a third of South Korea's oil market, earned 1.42 trillion won (US$1.51 billion) in net profit in the year ended December 31, compared with 1.7 trillion won profit a year ago.

The profit was below a consensus forecast for a 1.55 trillion won profit from Reuters Estimates.

Weak simple refining margins tarnished brisk performances of the refiner's petrochemical division and overseas energy development division during the fourth quarter, analysts said.

Stagnated heating oil demand in the United States due to the mild winter also influenced the kerosene margin, they said.

posted by ^%&^ @ 8:43 AM   0 comments
Spermicides and Condoms: Not the Best Marriage?
By Peggy Crane

It is a well-known fact that consistent and correct use of condoms can prevent pregnancy. But condoms are not perfect. They've been known to break on occasion, and people don't always use them correctly. That's why doctors have recommended that they be used in conjunction with an over-the-counter spermicide for extra birth-control insurance.

But say the word "condom" and what comes to mind more often is its reputation as the method of choice for practicing safe sex. Condoms are now primarily used to prevent many sexually transmitted diseases, including HIV, the virus that causes AIDS.

In the late 1980s, nonoxynol-9, a product that has been on the market for more than 50 years and is the main ingredient in most spermicides, began to show promise as a method for preventing HIV transmission when it was observed to kill the virus in a test tube. The public and the medical community alike hailed N-9 as the newest HIV preventative, and many condom manufacturers hastened to lubricate their products with the chemical.


posted by ^%&^ @ 8:43 AM   0 comments
TI quarterly profit rises
Texas Instruments Inc. (TXN.N: Quote, Profile , Research), the world's biggest maker of chips for cellphones, said on Monday its quarterly profit rose from a year ago due to a tax credit.

TI, which makes chips for everything from calculators to the latest high-tech televisions, said its fourth-quarter profit was $668 million, or 45 cents a share, compared with $655 million, or 40 cents a share, in the year-ago quarter.

Revenue rose to $3.46 billion from $3.32 billion.

In December, TI cut its forecast for earnings per share from continuing operations to a range of 37 cents to 40 cents, and cut its revenue target to a range of $3.35 billion to $3.50 billion.

Its shares have fallen almost 16 percent in the last four months on investor concern that wireless industry growth is increasingly dependent on the sale of cheaper phones in emerging markets.

posted by ^%&^ @ 8:32 AM   0 comments
Sun Micro confirms will use some Intel chips
Computer maker Sun Microsystems Inc. (SUNW.O: Quote, Profile , Research) confirmed on Monday it will use processors from No. 1 chip maker Intel Corp. (INTC.O: Quote, Profile , Research), a blow to Intel's smaller rival Advanced Micro Devices Inc. (AMD.N: Quote, Profile , Research).

Sun said it will use Intel's Xeon chips to power some of its servers, the powerful networking computers that it sells to businesses and other institutions. Sun also uses AMD's Opteron server chips.

Sun plans to start using the Intel architecture in the first half of this year. Under the alliance, which includes joint engineering, design and marketing efforts, Sun will eventually deliver a series of Intel-based systems that support Solaris, Windows and Linux operating systems.

Stifel Nicolaus analyst Cody Acree said in a note to clients before the announcement that he expected the market to react to Intel's market share gain, even as he predicted that the financial impact to each chip supplier would be minimal.



"Up until recently, AMD was consistently gaining share in most all markets while Intel struggled. Now, AMD has missed the last two quarters, Intel appears to be steadily improving, and now Sun is giving Intel obvious market share," Acree said.

Shares of Sun were down 8 cents, or 1.39 percent, at $5.69, while shares of Intel were up 2 cents at $20.83 after the announcement.

Shares of Intel rival AMD were down 33 cents, or 1.9 percent, at $17.40 on the New York Stock Exchange.

posted by ^%&^ @ 8:32 AM   0 comments
AMR to offer 13 mln new shares
AMR Corp. (AMR.N: Quote, Profile , Research), parent of American Airlines, said on Monday it will offer 13 million newly issued shares, worth about $520 million at current market prices.

The company said it would use the net proceeds of the offering for general corporate purposes.

posted by ^%&^ @ 8:29 AM   0 comments
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posted by ^%&^ @ 8:29 AM   0 comments
Alicia Keys offers scholarship to Harlem student
Grammy Award-winning singer Alicia Keys has put up some of her own money to start a scholarship program to help one student from New York City and three from other cities. Keys is offering $5,000 scholarships to students from Harlem, Jacksonville, New Orleans and Atlanta.

Keys will dole out the cash through the Open Doors Scholars Program, which is part of the "Frum Tha Ground Up" nonprofit group founded by Keys' road manager, D.J. Walton.

"We're just looking for standout students who are definitely college-bound and need a little bit of help financially to really achieve their dreams," Keys said.

posted by ^%&^ @ 8:24 AM   0 comments
Local conservation club to award a scholarship
The Watertown Conservation Club, Inc. will award a scholarship totaling $1,200 to a high school senior who is planning a career in some area of conservation or environmental studies.

The recipient must be a graduating senior from any public or parochial high school who resides within the Watertown Unified School District. The student must be accepted into an accredited college program that leads to a degree in some area of conservation of natural resources or environmental studies.

Areas of study that have qualified in the past include fish and wildlife management, forestry, conservation warden, meteorology and civil engineering.

The student will be required to show with a written statement that his/her chosen career will meet this requirement.

The scholarship is awarded in two payments of $600 each. The first $600 is awarded to the graduating senior. The second $600 is awarded in the second year of college.

The recipient must show proof of satisfactory grades and continuation of study in the program for which the scholarship was awarded.

A single runner-up will also be selected who would receive the scholarship if the original recipient fails to meet the second year requirements.



For more information students should check with their guidance counselor for an application form, or contact the Chairman of the Scholarship Committee, Jim Huhn, at 261-3998 or jkhuhn@charter.net.
posted by ^%&^ @ 8:15 AM   0 comments
Teen Musicians For $50,000 Scholarship

The Harrisburg Symphony and Messiah College will hold the inaugural “Rodney and Lorna Sawatsky Rising Stars Concerto Competition” this Friday and Saturday at Messiah College in Grantham, Pa.

The competition is open to music students in grades 9-12 from Pennsylvania and eight surrounding states. The initial field of contestants was narrowed down to the final 30 musicians, who will compete this weekend for a $50,000 music scholarship and other prizes.

The Rising Stars champion will receive a Sawatsky Music Scholarship to attend Messiah College, valued at more than $50,000, as well as a $750 cash prize. The first place winner will also be given consideration for a performance of his or her concerto with the Harrisburg Symphony Orchestra in 2008, under the baton of Maestro Stuart Malina.

Three musicians will be awarded second place honors based on instrument division. Second place winners will receive a cash prize of $100.

Student musicians from Pennsylvania, Delaware, New Jersey, New York, Ohio, West Virginia, Virginia, Maryland and the District of Columbia were eligible to submit an individual recording of their own performance of any major concerto written for their instrument. The application deadline for initial entries was Nov. 15, 2006.

Musicians were categorized into four divisions: strings, keyboard, brass and percussion, and woodwinds. The submitted recordings were judged by professional musicians who specialize in each individual instrument, without any information about the contestant’s identity.

The semifinal round will be judged by faculty members of Messiah College and chaired by Timothy Dixon, director of Orchestral Studies.

Eight contestants, two finalists from each of the four musical instrument divisions, will be judged in the final round of competition by five members of the Harrisburg Symphony. The final audition committee will be chaired by Maestro Stuart Malina, conductor of the Harrisburg Symphony.

Winners of both the semifinal and final auditions will be announced immediately after each round.

The competition is named for the late Dr. Rodney Sawatsky, former president of Messiah College. He and his wife Lorna were passionate supporters of the arts in central Pennsylvania. Lorna Sawatsky will assist with the Rising Stars award presentations. Rodney Sawatsky was a member of the Harrisburg Symphony’s Board of Directors. -- www.harrisburgsymphony.org

posted by ^%&^ @ 8:14 AM   0 comments
MTSU Student Benefits From Lottery Scholarship
As a sophomore in 2004, Cade received a Tennessee Lottery scholarship but said he almost didn't get it. He said, "I ended up pledging a fraternity for part of the second semester of my freshman year, and I had to stop about half way through the semester, half way through the pledge process, because I couldn't maintain my school and live that lifestyle at the same time."

A recent state report shows about two out of three Tennessee Lottery scholarship recipients loose them because of poor...

...grades. By focusing on academics in college, instead of partying, Cade has maintained his grade point average and kept his Tennessee Lottery scholarship.

“I just didn't do all the work I was supposed to at first but a lot of my teachers worked with me and they were really helpful in getting everything done that needed to get done,” he said.

Now Cade said he is an honors student, majoring in English. He's doing research at News 2 for an honors thesis he's writing for graduation. The subject is how academic writing skills translate to the professional world.

Cade said, "They tell me that they learnedmost of their skills in college that they use on the job site now."

That's good news for Cade because he's planning a career in journalism. He said the Tennessee Lottery scholarship is helping him in other ways.

"For instance I bought a car about a year ago and I make payments on my car and otherwise, I wouldn't have a vehicle if I didn't have the lottery scholarship,” he said.

Cade said having a car, allows him have a higher paying part time job off campus.

To qualify for a Tennessee Lottery scholarship, a high school graduate must have at least a 3.0 grade point average or a score of 21 on the ACT.

The Tennessee Lottery is worth $3,800 per academic year at four-year colleges. Two-year students get half that amount.

Some students struggle to keep their grades up to re-qualify for lottery money. In 2004, 63% of recipients failed to keep their scholarships. When it breaks down by race, 87% of those qualifying for scholarships are white, 8% are black.

A state lawmaker on the education committee will introduce legislation to make the program more accessible to minority and low-income students.
posted by ^%&^ @ 8:10 AM   0 comments
Your Community Resource Since 1983
Career Training Institute (CTI), a private, non-profit organization, was founded in May 1983 to meet the employment needs of women in the community. In response to the demands of a changing workforce, CTI's services have since expanded to include all adults, youth, and business enterprises. The Business Resource Center at CTI opened in June 1998 as part of an effort to match workforce development with enterprise development. CTI has earned state-wide recognition as an agency with skilled staff able to deliver quality, customer- focused employment, training, and business resource services.

Career Training Institute is moving toward the future with a focus on strengthening partnerships within the community and across the state of Montana. A Network of resources enables CTI to provide activities to meet the demands of the modern workplace.
Vision Statement

Individuals and businesses in our community have the skills and resources necessary to succeed and significantly contribute to a strong economy.
Mission Statement

Career Training Institute and the Business Resource Center provide individualized services, invaluable resources, and innovative opportunities for training, employment, and enterprise development, to meet the changing needs of our community.
posted by ^%&^ @ 8:10 AM   0 comments
Make An Exciting Career In Travel Your Next Destination

Travel Training Career Centre Ltd., established 1980, is "One of Canada's oldest and most successful educational institution at the post-secondary level," specializing in training for the travel, tourism, and hospitality industry.

Students from around the world choose Travel Training Career Centre Ltd. as the blending of Canadian and International students is an amazing cultural experience for all. Our ESL students have opportunity to practice and develop excellent business & conversational English skills while learning a valuable career/job training program.

posted by ^%&^ @ 8:10 AM   0 comments
Wednesday, January 17
Scholarship offered to students
The Missouri Gaming Association will award a total of $7,000 in student scholarships for articles, posters or videos addressing the issue of underage gambling.

The 11th annual “Project 21 Scholarship Program” is designed to encourage youth to help educate their peers about the dangers of underage gambling. Awards include two $1,500 and four $1,000 scholarships.

Submissions must be published in the student's school newspaper or magazine or displayed at the school through Feb. 28. The deadline for submission is March 5.

Submissions will be judged for originality, content, style and educational value. Articles will be judge for journalistic content.

An application must accompany students' submissions.

Applications are available by writing P.O. Box 305, Jefferson City, Mo., 65102, online at: www.missouricasinos.org or by calling (573) 634-4001.
posted by ^%&^ @ 10:30 PM   0 comments
Scholarship honors Fagan, former Green Creek teacher
The Nell Fagan Scholarship to be awarded by the Green Creek Community Center honors a former Green Creek Elementary School teacher who taught generations of area young people.
The community center recently announced the creation of the new scholarship designed specifically for students with ties to Green Creek. Officials and residents say it’s fitting to name the scholarship after the community’s long time educator.
When Nell Blackwell joined the faculty of Green Creek School in 1943, she moved into the teacherage there. Because of World War II, there was a shortage of teachers.
Commuting to work as we know it today was impossible because many things were rationed during the war, including gasoline, tires, coffee, tea and sugar. Many teachers in Polk County lived in teacherages. (These were state-owned homes built on school property that operated somewhat like boarding houses.) The Green Creek School teacherage was located just left of the spot where the Green Creek Ruritan Club building is now.
Two years after Nell came, her best friend, Willyene Wright, joined the faculty at Green Creek High School and also lived in the teacherage there. Nell and Willyene had been best friends since they entered first grade together at Campobello School.
This special friendship continued throughout their elementary and high school years at Campobello High, and for four years, these two best friends were roommates at Asheville College. After graduating, they taught at Green Creek and Tryon schools until they retired during the 1980s.
Both Nell and Willyene married Green Creek natives. After Nell married Huey Fagan in 1946, their first home was in the teacherage (downstairs in the rooms that Gertrude and Tracy Gaines had occupied earlier). Their son, James Huey, was born in 1950, and now lives in Boiling Springs.
Willyene says she fondly remembers their "good times together" and she still cherishes the pincushion that Nell gave to her when she was a child. She also tells of their second grade teacher who gave them little dolls, and how much they had enjoyed playing with those dolls. (During those Depression years, children seldom received dolls.) Nell and Willyene remained close friends until Nell‘s death in August 2000.
Nell‘s sister, Maggie Blackwell Allen, had been a teacher at Green Creek High School for years before Nell or Willyene moved to the teacherage. Maggie was an excellent teacher, and was well known for her musical talent. Every Friday morning, the entire student body gathered in the large auditorium, and for years, Maggie taught students to learn to appreciate and enjoy a wide variety of music.
Marvin Wagner, principal of Green Creek Elementary School for 16 years, says, "Nell was a guiding light for me when I came to Green Creek School as a beginning principal in 1970. As I was fresh out of graduate school, she quickly became my friend, my confidante, my mentor and my inspiration during our years of working together. I was fortunate to inherit an outstanding faculty, and I soon realized that Nell was a great inspiration to everyone, students, parents, faculty, and staff. When she retired, along with Edna Michaels, I felt that I had lost my right arm."
Wagner also praises Nell Fagan for the positive effect that she had on hundreds of students, and says that she was a true professional who cared greatly for her students. "I was so happy that my own two children experienced a year with her," he added.
Green Creek community is indebted to Nell Fagan, and to her sister, Maggie Allen, for bringing Nell to Polk County in 1943. As Marvin Wagner stated, "Her church, her family and her students were her greatest priorities."
What a fitting tribute to a dedicated teacher.
posted by ^%&^ @ 9:59 PM   0 comments
One-of-a-kind GlobalCampus Centers offer students alternative to traditional overseas study

the University of New Haven will sign a partnership with CEA - Cultural Experiences Abroad to provide transcripting and academic oversight of CEA's one-of-a-kind and growing GlobalCampus Network overseas, facilitating study abroad for students from universities across the nation.

"This is an extraordinary opportunity for the University of New Haven, its students and college students across the nation," says UNH President Steve Kaplan. "Through the partnership with CEA, the University of New Haven will become the top study abroad provider in the United States." Kaplan points out the partnership supports the experiential education initiative in the university's strategic plan, particularly the global education component.

Through the new agreement, the University of New Haven (http://www.newhaven.edu/) will gain greater international visibility, as well as new opportunities for faculty development, resources for continuing globalization, and revenues to support students' study abroad and other experiential activities. "While the University of New Haven currently provides other study abroad opportunities in-house or through direct arrangements with providers, this partnership with CEA is far more efficient and affordable, and accelerates our developments in this area," Kaplan says.

CEA - Cultural Experiences Abroad, an Arizona-based organization offering comprehensive study abroad programs and international education, is currently operational in Western, Central and Eastern Europe, Australia and Latin America, with expansion into Asia planned for this summer. Already affiliated with over 145 universities to place students in universities abroad, CEA (http://www.gowithcea.com/) also seeks to expand its GlobalCampus Network where local support services are offered and courses of study are provided for client students. "While such courses are worthy of college credit," says Kaplan, "the transfer of these credits to students' home institutions requires endorsement by a properly accredited school of record."

"The University of New Haven has a strong faculty, imaginative leadership, experience in developing a technology-rich environment and a major interest in international education," says CEA CEO Brian Boubek. "We envision a true partnership in which UNH maintains the control of all the academic processes and policies, which are at the heart of its mission."

As soon as this summer, college students from across the nation will be taking courses at GlobalCampus centers. The partners estimate that by fall 2009, more than 4,000 students a year will study abroad in Barcelona, Florence, London, Madrid, Paris, Rome and the South of France through the GlobalCampus Network. Next steps include expanding traditional study abroad opportunities overseas to give international students the same opportunities to visit campuses in the U.S., facilitating a better understanding of this country's values and capacities.

The signing ceremony will take place on Monday, Jan. 15 at 9 a.m. at the University of New Haven, Maxcy Hall, 300 Boston Post Road, West Haven, CT.

posted by ^%&^ @ 9:21 PM   0 comments

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