Sunday, July 31, 2011
Friday, July 29, 2011
Tuesday, July 26, 2011
You gave it a pet name. It knows more about you than your mother does. Sometimes you even sleep with it. In fact, you're so attached to it that being separated for only a few minutes could send you into a panic.Watching people who get their first smartphone, there's a very quick progression from having a basic phone you don't talk about to people who love their iPhone, name their phone and buy their phones outfits," said Lisa Merlo, director of psychotherapy training at the University of Florida.
Merlo, a clinical psychologist, said she's observed a number of behaviors among smartphone users that she labels "problematic." Among them, Merlo says some patients pretend to talk on the phone or fiddle with apps to avoid eye contact or other interactions at a bar or a party. Others are so genuinely engrossed in their phones that they ignore the people around them completely.
"The more bells and whistles the phone has," she says, "the more likely they are to get too attached."
Michelle Hackman, a recent high school graduate in Long Island, NY, won a $75,000 prize in this year's Intel Science Talent Search with a research project investigating teens' attachment to their cell phones. She found that students separated from their phones were under-stimulated -- a low heart rate was an indicator -- and lacked the ability to entertain themselves.
Monday, July 25, 2011
Many people who grew up in this region have vivid memories of trudging a few steps behind their mothers as they searched the endless racks of the stores for deals, or of the ubiquitous presence of pedestrians carrying Filene’s Basement’s trademark “I just got a bargain!’’ bags in the area. Now, longtime customers are complaining that, instead of offering designer clothes at cut-rate prices, the Basement has become just another discount store.
Thursday, July 21, 2011
Disclosure: I am long shares of Syms. This is not advice of any kind. Always do a ton of your own research in regard to anything that I say, do, write, or so much as even think about.
Wednesday, July 20, 2011
It's nice to see that the company is finally listening to the minority shareholders of the company and may actually be trying to do something with their real estate, other than use it to subsidize it's broken retail business.
A suitable candidate for such development might include your 42 Trinity Place (“42 Trinity”) location in lower Manhattan, a footprint which enjoys over 170,000 square feet of buildable space based upon our research.
And just to illustrate the enormous value that has yet to be unlocked by the Company, on April 17, 2008, just four days ago, New York City property records revealed that a nearby parcel located at 8 Stone St., having approximately 100,000 buildable square feet and the same zoning characteristics as 42 Trinity, sold for over $60 million to a hotel developer. This transaction equates to $600 per buildable square foot thus implying a valuation for 42 Trinity at $102 million.
Furthermore New York City tax records estimate 42 Trinity’s net operating income at just $1.351 million dollars per year. Thus an asset worth an estimated $102 million is generating a meager 1.32% of annual income.
David Foster Wallace in Consider the Lobster
A SNOOTlet is a little kid who's wildly, precociously fluent in SWE—Standard Written English—(he is often, recall, the offspring of SNOOTs). Just about every class has a SNOOTlet, so I know you've seen them — these are the sorts of six-to-twelve-year-olds who usewhom correctly and whose response to striking out in T-ball is to shout "How incalculably dreadful!" The elementary-school SNOOTlet is one of the earliest identifiable species of academic geekoid and is duly despised by his peers and praised by his teachers. These teachers usually don't see the incredible amounts of punishment the SNOOTlet is receiving from his classmates, or if they do see it they blame the classmates and shake their heads sadly at the vicious and aribtrary cruelty of which children are capable.
Teachers who do this are dumb. The truth is that his peers' punishment of the SNOOTlet is not arbitrary at all. There are important things at steak. Little kids in school are learning about Group-inclusion and -exclusion and about the respective rewards and penalties of same and about the use of dialect and syntax and slang as signals of affinity and inclusion. They're learning about Discourse Communities. Little kids learn this stuff not in Language Arts or Social Studies but on the playgroun and the bus and at lunch. When his peers are ostracizing the SNOOTlet or giving him monstrous quadruple Wedgies or holding him down and taking turns spitting on him, there's serious learning going on. Everybody here is learning except the little SNOOT—in fact, what the SNOOTlet is being punished for is precisely his failure to learn. And his Language Arts teacher — whose own Elementary Education training prizes "linguistic facility" as one of the "social skills" that ensure children's "developmentally appropriate peer repport," but who does not or cannot consider the possibility that linguistic facility might involve more than lapirdary SWE — is unable to see that her beloved SNOOTlet is actually deficient in Language Arts. He has only one dialect. He cannot alter his vocabulary, usage, or grammer, cannot use slang or vulgarity; and it's these abilities that are really required for "peer rapport," which is just a fancy academic term for being accepted by the second-most-important Group in the little kids life. If he is sufficiently clueless, it may take years and unbelievable amounts of punishment before the SNOOTlet learns that you need more than one dialect to get along in school.
...The point is a little A+ SNOOTlet is actually in the same dialectal position as the class's "slow" kid who can't learn to stop using ain't or bringed. Exactly the same position.One is punished in class, the other on the playground, but both are deficient in the same linguistic skill — viz., the ability to move between carious dialects and levels of "correctness," the ability to communication one way with peers and another way with teachers and another with family and another with T-ball coaches and so on.
And you wonder why I occasionally throw in words to my posting like: "hmmm", "ain't", "gonna", and the occasional assortment of profanity... It's so I don't get beat up! Duh. ;)
Walmart, the largest food retailer in the United States, will take part in an announcement with the first lady at the White House on Wednesday afternoon. Supervalu Inc (SVU.N) and Walgreen Co (WAG.N) are also participating.
All three chains announced plans to open stores in so-called "food desert" parts of the country, where people lack access to grocery stores and their fresh produce and meats. According to data provided by Supervalu, there are more than 23 million people, including more than 6 million children, live in U.S. food deserts.
Esopus Creek Advisors -- a New York hedge fund that has sued Syms for access to the embattled company's books and records -- has asked a judge to order ex-Syms CFO Seth Udasin to give testimony in the brewing legal dispute.
Udasin, who resigned July 8 after just 13 months as Syms' finance chief "for personal reasons," couldn't be reached for comment yesterday.
Esopus Creek, which has raised questions about Syms' management and its recent efforts to sell the company, argued in a July 14 motion in a New Jersey court that it could get some answers from Udasin.
Tuesday, July 19, 2011
Friday, July 15, 2011
Here's the story: Back in 1889, North Dakota was carved out of the Dakota Territory and admitted to the Union at the same time as South Dakota. Or so everyone thought.
But the state founders who drafted the constitution left out the key requirement that the governor and other top officials take an oath of office, putting the state constitution in conflict with the federal one. So Rolczynski has been arguing for the last 16 years that the omission made the state illegitimate.
On March 9, 2010, the Company purchased 150,196 shares of the Company’s Common Stock from the Sy Syms Revocable Living Trust at a price of $8.04 per share. The purchase was approved by a committee of the Board consisting solely of the independent members of the Board. The price approved by the committee, after consultation with a financial consultant and counsel, represented a 5% discount to a thirty day volume weighted average price.
Thursday, July 14, 2011
Tuesday, July 12, 2011
As Boeing lobbied against a rival aerospace company to win a $35 billion government contract, its activities included a curious donation: $10,000 to the Johnstown, Pa., Symphony Orchestra.
The orchestra was a favorite cause of Rep. John Murtha, the late Pennsylvania Democrat who, as a gatekeeper for the Defense Department's budget, held a lot of influence over Pentagon contracting.
Boeing ultimately won the contract to build a new military refueling tanker, after the company and its competitor donated to organizations held in favor by key Pentagon generals and lawmakers like Murtha.
Monday, July 11, 2011
SUPERVALU (NYSE:SVU -News) today clarified that it is not removing the self check-out lanes from the 460 ALBERTSONS stores that it owns and operates in Idaho, Oregon, Montana, Nevada, Southern California, Utah, Washington state and Wyoming.
During 4th of July week, several publications throughout the country ran an announcement that Albertsons LLC, a separate entity that owns and operates 217 stores in Arizona, Arkansas, Colorado, Florida, Louisiana, New Mexico, Texas and Utah, decided to remove self check-out lanes from its stores. ALBERTSONS stores owned by SUPERVALU will continue to provide self check-out lanes for the convenience of its customers.
“Despite many incorrect reports, ALBERTSONS stores owned by SUPERVALU will continue to operate self check-out lanes,” said Lilia Rodriguez, ALBERTSONS Spokeswoman. “Since this story broke last week, our customers have called us and we learned first-hand that they want and appreciate the convenience of self check-out lanes.”
One of Supervalu Inc.'s grocery store chains is getting rid of automated self-checkout lanes and going back to traditional lanes staffed by employees... "We just want the opportunity to talk to customers more," Albertsons spokeswoman Christine Wilcox said. "That's the driving motivation."
Friday, July 8, 2011
Wednesday, July 6, 2011
"...there is so much bourbon coming out of Kentucky right now, that the number of barrels storing the stuff--4.7 million to be exact--surpasses the states population of 4.3 million people."