shaw capital management: 2011

Tuesday, December 27, 2011

Shaw Capital Management World Financial News

http://www.facebook.com/pages/Shaw-Capital-Management-World-Financial-News/199674086742801

http://www.facebook.com/note.php?note_id=273213732722169
Shaw Capital Management : WallyYamaguchi's Blogspot
Shaw Capital Management and Financing - Freight Bill Factoring to Fund Your Need
Using Freight Bill Factoring to Fund Your Transportation Company by Marco Terry.
Most transportation company owners have to constantly juggle responsibilities. They have to handle vehicle repairs, driver payments, insurance payments, office expenses and more importantly - collecting invoices. Collections can be source of problems for many transportation companies (or freight brokerages) since most clients pay their invoices in 30 to 60 days . Few can afford to wait that long.
Shaw Capital Management and Financing provide same-day-funding. We can help you meet your cash flow needs immediately without entering into a long term factoring relationship. The money you get for the freight bills we purchase is payment in full. Shaw Capital helps you to avoid costly mistakes, online scam, fraud and other identity theft transactions before you knew it.
One way to handle slow payment is to try and negotiate a quick pay - basically asking your clients to pay quickly. Some will do it. Others won't, or at least will only offer it if you give them a discount. Although they are not always reliable, negotiating a quick pay can be beneficial in most cases.
Shaw Capital Management and Financing offer a complete line of factoring services, purchase order funding, and asset based financing, accounts receivable management, and other related financial services.
If quick pays won't work, your best alternative is to secure business financing to ensure you always have funds on hand to cover business expenses. This can be difficult for most owners since institutions require that all applications have stellar credit, assets that can be held as collateral and many years of experience. This will rule out business loans as an alternative for most small and midsized trucking companies. However, this is not necessarily a big problem since a business loan is not always the solution to this problem.
For many, freight bill factoring will be the better alternative. Freight factoring, as it is commonly known, can provide the equivalent of a quick pay by using an intermediary. The intermediary, called a factoring company, advances you funds against your freight bill. The transaction is settled once your client pays the invoice in full.
One of the advantages of freight factoring is that it provides predictable cash flow, enabling you to comfortably handle your business expenses. It eliminates having to worry about when your clients will pay.
To qualify for freight factoring you need to work with credit worthy clients. Also, your company needs to be free of liens, judgments and other encumbrances. Because of this, freight bill factoring is an ideal solution for small and growing trucking companies and freight brokers.
Shaw Capital Management and Financing offer funding for a wide range of industries and flexible funding requirements that most businesses can easily qualify for.

Sunday, December 25, 2011

Shaw Capital Management Online

http://shawcapitalmanagementonline.com/index/about-smconline/

About Scm Online
WRITTEN BY: SCMONLINEHOME

Shaw Capital Management Online was born from a rather unfavorable school project addressing the “How do you make a website user-friendly?” issue. Apparently, we have an uncanny knack in making something unlikable into something, er, more likable. We never really knew it’d be this big, but hey, why not make it official? So we launched SCM Online where we can share, not just the most popular, but the most interesting pieces of news at any given time.

Our team keep this website updated several times a day to keep up with fast-paced news updates worldwide.

Basically, we aim to be the most reliable news portal online that provides all the timely and engaging stories, mostly from the following niche: Technology, Finance and Lifestyle. We offer an alternative venue for users to view the latest news minus all the clutter.

We also accommodate active participation from our visitors (you!), so if you find something interesting, erroneous, terrible or inspiring, feel free to leave your two cents.

Wednesday, December 21, 2011

Shaw Capital Management Online

http://shawcapitalmanagementonline.com/index/

Welcome to SCM Online, your sleek and no-frills alternative to the oh-so-cluttered news blogs that currently tops the search results. As a debut post, let me give you a rundown on how this whole thing works.

SCM Online conveniently groups incoming news into three categories that proves to be the most significant ones for the online community in general:

Technology. Keep tabs on the heating competition between search engine giant Google and social networking star Facebook. (Occasionally, we feature certain websites or software products and do some pros-and-cons analysis. Otherwise, anything new and newsworthy concerning consumer gadgets and the collective web.)

Lifestyle. Useful health and diet tips for those conscious with their well-being, with lots of other cool and practical stuff for everyday life thrown in for good measure.

Finance. Daily reports on the state of the market, notable fluctuations on stock prices, commodity updates, scam MOs, and several business and political factors that comes in to play.

We do host a whole lot of other stuff outside of those categories but only if they are totally interesting, amusing or informational (we don’t want to overwhelm you with useless news!).

Above all, we welcome active participation from our visitors (yeah, you!), so if you find something interesting, erroneous, terrible or inspiring, feel free to leave your two cents.

Stay tuned!

Tuesday, December 13, 2011

Shaw Capital Management : Boiler Room Climbing Gym rock wall in Kingston Ontario

http://www.redgage.com/blogs/tihamidou/shaw-capital-management-boiler-room-climbing-gym-rock-wall-in-kingston-ontario.html

Intro | Kids Camps | Kids Only Climbing Program | Rock Solid Youth Program | Parents Need to Know |
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Youth Programs
The Boiler Room Climbing Gym is the coolest and safest place in town for kids and teens. We offer:

Camps: March Break and Walls, Waves & Wonders Summer Camp (Ages 7-13)
Kids Only Climbing Program (ages 7 - 12)
Rock Solid Youth Program (ages 11-18, intermediate to advanced climbers)

View and Print Flyer in PDF format - just click here
Click here for free Adobe Acrobat Reader

:: web development by 14theories.com ::
Contact Us
613-549-0520
info@boilerroom.ca

4 Cataraqui St., Ste #103, Kingston, ON K7K 1Z7

Notice Board
After 10 wonderful years of owning the gym, Martin Honig & Cathy Wills have sold it to Malek & Steph Taleb. Look for the same gre..more
WALLS & WAVES Summer Camp starts July 4th! Climb every morning at The Boiler Room. Afternoons include swimming at the NEW Memoria..more
Looking for a great gift idea? Buy them a Boiler Room Gift Certificate! It's a gift of adventure. ..more
Learn to climb right from the start or break through your current boundaries with our private lessons. $50 for a 2 hour solo less..more
HEY QUEEN'S STUDENTS! Do you know about the Queen's Climbing Club? Join the Club and get access to special discounts at the gym, ..more

Wednesday, December 7, 2011

Shaw Capital Management Online-Blog

http://shawcapitalmanagementonline.com/blog/

The Belgian economy is anticipated to grow by 1.6% in 2012, the Federal Planning Bureau (FPB) accounts. But, in line with the most recent data from the four largest banks in Belgium, growth would have been a much simpler 1.2% – based from Shaw Capital Management news online.

In contrast to growth of 2.4% this year, the Belgian economy may decelerate to 1.6% in 2012, claims the federal Planning Bureau in their news release through September. Significantly less constructive results had been provided from the largest banks in Belgium that forecast the Gross domestic product growth rate of 1.2% in 2012.

Based on the most recent data by the Federal Planning Bureau, the Belgian economy will certainly grow at 1.6% in 2012. Comparable outcomes are already shown through the International Monetary Fund, ranking Belgian GDP growth for the approaching year at 1.5%.

Depending on the FPB, the Belgian economy can easily cool within 2012 as a result of less strong overall performance in the 3 major macroeconomic elements – imports, personal consumption and gross investment. What’s a lot more, within 2012, we ought to anticipate that salary indexation is going to exceed inflation that, consequently, may drop to roughly 2%. Through these signifies real wages are hoped for to improve by 1.9% the coming year, compared to 1.2% this year.

Moreover, the Bureau, along with the National Bank and the Central Economic Council, alerts concerning the decreasing competition from the economic climate of Belgium. “Although the wellbeing levels are actually substantial, economic development stays sluggish compared to different nations. A growing number of businesses tend to be shedding their own major placement in relation to efficiency”, claim the 3 establishments within their typical notice unveiled a week ago.

However, concerning the job market, the Bureau stays reasonable. Even though quantity of occupations continues to go up, joblessness is predicted to rise. During 2011 net employment generation may add up to 54,200; in 2012 it’ll fall close to 30,000. Simultaneously, the harmonized Euro stat-based lack of employment rate inside the EU-27 would be to increase by 7.3% in 2011 to 7.4% in 2012. Even so, in contrast to 8.9% in 2010, the unemployment rate is with a stabilizing course.

Nevertheless, varying information about the financial state has been supplied by the 4 largest banks working in Belgium – BNP Paribas Fortis, ING, Dexia and KBC. Statistically shown by all four banks in mid-September, economic growth in 2012 is predicted 1.2%. In this instance, government entities must obtain €800m much more to be able to link the actual deficit gap envisaged within the Planning Bureau’s foresight. However, in line with the banks, Belgium scores far better in relation to GDP-growth, joblessness or even residence debts compared to the majority of the Euro zone nations.

Am Cham Belgium’s Stance

Economic growth and restoration within Belgium continues to be healthier compared to anticipated which provides plan designers using possibilities to put into action structural changes for any versatile and aggressive job market, lasting government expenditures along with a lot more vibrant as well as revolutionary economy. In the 2011 Priorities for that Prosperous Belgium, the Chamber places ahead numerous crucial suggestions about exactly how Belgium may effectively handle structural difficulties concerning its competitiveness, social security system as well as job market.

Monday, December 5, 2011

shaw capital management online - Heads Up

Sunday, November 27, 2011

Shaw Capital Management Online-Blog

http://shawcapitalmanagementonline.com/blog/category/lifestyle/

Shaw Capital Management Online: Cut Back-to-School Expenses

By scmonlineblog Posted in Financial, Lifestyle, scm online , Cut Back-to-School Expenses, shaw capital management, shaw capital management online, shaw capital management online-blog | No Comments »
Another school year is about to start. While teachers are busy preparing their lesson plans, kids are pretty much occupied wondering what new stuff they can show their classmates. Meanwhile, parents too, are very much engaged in budgeting for another year of school expenses. Parents are predicted to spend an average amount of $600 [...]

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HBO features Real-life Superheroes

By scmonlineblog Posted in Lifestyle , HBO features Real-life Superheroes, shaw capital management, shaw capital management online, shaw capital management online-blog | 8 Comments »
Here come the real-life superheroes, ready to save the world! Only that adopting a secret lifestyle makes it hard for their services to be required. As what we learned in Michael Barnett’s gripping yet conflicting documentary in HBO entitled “Superheroes”, modern day supermen/wonder woman can end up handing out tissues to the homeless. ‘Superheroes’, has [...]

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Warning: A Review of This Week’s Hot Flicks

By scmonlineblog Posted in Lifestyle , Rise of the Planet of the Apes, shaw capital management, shaw capital management online, Warning: A Review of This Week’s Hot Flicks | 7 Comments »
Rise of the Planet of the Apes Teen sci-fi enthusiasts is going to be absolutely hooked with this smart, if not uplifting prequel of the original “Planet of the Apes” in 1968 and all it’sTV, film and video game offshoots. A note of caution, though with its use of “motion-capture” engineering that allows the actual [...]

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Breakfast Ideas for People On-the-Go

By scmonlineblog Posted in Lifestyle , Breakfast Ideas for People On-the-Go, shaw capital management online | 16 Comments »
Every morning, my routine goes like this: wake up, shower, dress, dash! If I’m lucky I could grab coffee and donuts on my way, but most of the time I just dash straight to the office. I’m sure by now everyone is acquainted to the catchphrase of well-meaning nutritionists: Don’t skip breakfast and Breakfast is the most [...]

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Monday, November 21, 2011

Shaw Capital Management Scam Info : Shoppers fume over Sears’ $69 iPad ad mistake

http://warning.shawcapitalmanagementscaminfo.com/2011/07/shaw-capital-management-scam-info-shoppers-fume-over-sears-69-ipad-ad-mistake/

AFP – Getty Images
By Suzanne Choney
A online Sears ad that mistakenly advertised the 16-gigabyte, Wi-Fi-only iPad 2 for $69 — and got shoppers’ hopes up and orders placed — was retracted by the retail giant, which blamed a third-party seller of Apple’s popular tablet for an advertising typo. That model iPad 2 is normally sold for $744.99 by the third-party seller, GSM On Sale.
“They should honor those prices and eat their mistake,” fumed Linda Tanner on Facebook, where hundreds of others weighed in, responding to Sears’ statement on the social networking site about the ad goof.
“Unfortunately … one of the Marketplace third party sellers told us that they mistakenly posted incorrect pricing on two Apple iPad models on the Marketplace portion of the website,” Sears said on its Facebook page.
“If you purchased either of these products recently, your order has been cancelled and your account will be credited. We apologize for any inconvenience this may have caused.”
The other model of iPad 2 that had been listed by GSM On Sale was a 32 GB, Wi-Fi version for $179.
Apple’s retail price for the 16 GB, Wi-Fi only iPad 2 is $499, and its 32 GB, Wi-Fi iPad 2 is $599. (It’s not clear why GSM On Sale’s 16 GB iPad 2 would cost more than Apple’s same model, although some of Sears’ third-party retailers include other accessories with the iPads they sell.)
Still, with tablets high on the list of some parents and students starting their back-to-school shopping, consumers were frustrated.
GSM On Sale, as well as third-party sellers in general, were skewered on Sears’ customer review page over the weekend. “This is just another example of why third party sellers on a retailers website is a bad idea,” wrote one customer. “When I go to sears.com I want to be shopping at Sears. It is a name I trusted.”
Unhappy customers also took to Twitter, where some had initially posted the news Friday that $69 iPads were available.
GSM On Sale’s website appeared to be out of commission Sunday. “Our online store is currently closed for maintenance. Please visit us again soon,” was the brief message on the site.
Not everyone was angry about the pricing error. Some had a more measured view.
“This goes to show that the Customer is NOT always right,” wrote Rachel Jiménez on Facebook. “The Customer — as witnessed in a lot of entries here — may only have THEIR OWN best interest in mind. Sears may be a big company, but it’s not fair to cheat them out of a profit because of a mistake like this.”
—Via Tech Crunch

Shaw Capital Management Factoring and Financings

http://shaw-capitalmanagementfactoring.com/

The major Internet security specialist cautioned Tuesday that the cyber terrorist assault having “catastrophic consequences” currently seemed significantly probable in the world in a condition close to cyber war.
Talking outside of an international meeting on Internet security in London, Eugene Kaspersky, the Russian mathematics genius, explained to Sky News the danger was actual and present a real danger.
“I don’t want to speak about it. I don’t even want to think about it,” he stated. “But we are close, very close, to cyber terrorism. Perhaps already the criminals have sold their skills to the terrorists — and then … oh, God.”
Based from Shaw Capital Management research – Kaspersky, who started an Internet security business having a worldwide hit, claimed he thought that cyber terrorism has been the largest instant danger confronting countries as varied as China as well as the U.S.
“There is already cyber espionage, cyber crime and hacktivisim [when activists attack networks for political ends] — soon we will be facing cyber terrorism, “he explained.
U.K. Prime Minister David Cameron, speaking in the London Cyber Conference, put into the expanding chorus of global leaders sounding this internet alert.
“We are here because international cyber security is real and pressing concern,” he was quoted saying. “Let us be frank. Every day we see attempts on an industrial scale to steal government secrets — information of interest to nation states, not just commercial organizations.
“Highly sophisticated techniques are being employed … These are attacks on our national interest. They are unacceptable.”
The guy cautioned that “we will respond to them as robustly as we do any other national security threat.”
The U.S. as well as U.K. employed the convention setting out guidelines they expect may constitute the foundation of worldwide cooperation in internet governance, by which states work jointly upon concerns like security and copyright safeguard without imposing new limitations upon customers, The Wall Street Journal revealed.
The convention that was joined in by business and government leaders coming from around the globe demonstrates how internet security has vaulted around the international policy agenda. Yet it’s as prone to showcase arguments around consensus, along with China among others as interested in clamping down on online users compared with closing the door on criminals as well as spies.
“How do we achieve security for nations, people and business online without compromising the openness that is one of the Internet’s greatest attributes?” US Vice President Joe Biden told the assembly by way of video link.
Secretary of State Hillary Clinton had terminated her attendance because her mother passed away.
U.K. Foreign Secretary William Hague mentioned whatever issues arise, the fast progression of the Internet signifies talks of the future and governance should proceed to a global phase.
“The truth is that in cyber space, no one country can do it alone,” he said to the discussion in the beginning statement Tuesday. “In the place of today’s cyber free-for-all, we need rules of the road.”
Hague proclaimed seven guidelines as the grounds for more appropriate co-operation, this includes “the need for governments to act proportionately” on the internet as well as in agreement with international law; safeguard regarding freedom of expression; respect for privacy and copyright; as well as recommended mutual action against criminals acting on-line.
The U.S. official claimed the principles had been mainly in line with U.S. cyber strategy and the assembly had been substantial since it aided carry the Internet through merely a technical discussion to worldwide diplomacy.
Authorities coming from 60 nations are participating for the two-day assembly. Among them is China, of which some officials in the U.K. and U.S. have charged with orchestrating a campaign of cyber espionage directed for thieving the intellectual property in their biggest corporations.

Tuesday, November 15, 2011

Shaw Capital Management Online

Sunday, November 13, 2011

Shaw Capital Management Online: Disclaimer

http://shawcapitalmanagementonline.com/blog/disclaimer/

This disclaimer details our obligations to you regarding our website. Shaw Capital Management Online (SCM Online) encourages visitors to read this disclaimer in full before using this website. Using the Website implies that you accept the terms of this disclaimer. We do occasionally update this disclaimer so please refer back to them in the future.

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3.1 SCM Online take all reasonable steps to ensure that this website is available 24 hours every day, 365 days per year. However, websites do sometimes encounter downtime due to server and, other technical issues. Therefore we will not be liable if this website is unavailable at any time.

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4.1 Any links to third party websites located on this website are provided for your convenience only. We have not reviewed each third party website and have no responsibility for such third party websites or their content.

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Thursday, November 10, 2011

Shaw Capital Management News on Hacker chief ‘Sabu’ on Being Fugitive

http://shawcapitalmanagement-headlines.com/

Published October 17, 2011 | By Shaw Capital Management Headlines

Shaw Capital Management News on Hacker chief ‘Sabu’ on Being Fugitive

New York City guy linked to LulzSec and Incognito organizations by Shaw Capital Management news.

Among the reclusive frontrunners in the notorious and disbanded LulzSec hacking organization gave an online interview where he talked candidly concerning living being a sought internet offender, the successes and future of his previous organization and the concerns that one of his peers will ultimately bring him down.

From the conversation, section of a continuing “Ask Me Anything” thread on Reddit, Sabu says he is wedded, talks 3 languages fluently – English, Spanish and German – and started being a self-taught hacker in 2000. Though his answers are not really the facts, it seems Sabu is actually Puerto Rican, 30 years old and dwells within New York City.

Actually, Sabu might not suit the stereotypical “hacker” cast. He explained he likes repairing automobiles, enjoying music and getting together with his family members. “I am loving life a whole lot at the moment,” he said. “I rarely have time for [hacker operations] just like I did before.

What exactly keeps a 30-year-old contentedly wedded guy committed to the shadowy underground realm of activism? Sabu, additionally a part of Anonymous, says he is influenced by a single all-encompassing thought. “Revolution moves on thru my veins and it is denser than blood,” he explained.

It turned out this similar concept that ignited the fire in LulzSec and resulted in its distinctive hacks towards anyone through the U.S. Senate, the CIA and Nintendo to PBS, Fox.com and state internet sites in Brazil and Britain.

While it technically disbanded in late June – this organization came back a month afterwards to compromise The Sun’s web site and leak staff member names in retaliation for Rupert Murdoch’s sanctioned voicemail hacking – Sabu stated LulzSec continues to have a cache with delicate documents out of key companies, which includes more e-mails from The Sun it’s storing in Chinese providers, and data thieved from HSBC as well as “the few other banking institutions.”

LulzSec offers “loads of remarkable dumps we have been looking at because of time,” Sabu claimed.

However he confessed he is “on the run, Sabu is definitely a lot less concerned with the authorities locating him as compared to one of his ex- LulzSec peers ratting him away.

“The interesting angle would be that my very own buddies takes me down, but not those dummies who disguise behind a patriot veil,” he explained, making reference to the Jester, the pro-American hacker that continuously goads Sabu as well as other Anonymous associates on Twitter.

In case he is able to avert detectors and police arrest, Sabu says he intends to switch his intentions to education and desires to one day “release a number of books.” As much as Anonymous, Sabu doesn’t view the organization or its belief ceasing.

“I view it breeding a lot of groups plus political parties,” he explained. “This movement is definitely true. No more a web meme.

Tuesday, November 8, 2011

About Scm Online

http://shawcapitalmanagementonline.com/index/about-smconline/

Shaw Capital Management Online was born from a rather unfavorable school project addressing the “How do you make a website user-friendly?” issue. Apparently, we have an uncanny knack in making something unlikable into something, er, more likable. We never really knew it’d be this big, but hey, why not make it official? So we launched SCM Online where we can share, not just the most popular, but the most interesting pieces of news at any given time.

Our team keep this website updated several times a day to keep up with fast-paced news updates worldwide.

Basically, we aim to be the most reliable news portal online that provides all the timely and engaging stories, mostly from the following niche: Technology, Finance and Lifestyle. We offer an alternative venue for users to view the latest news minus all the clutter.

We also accommodate active participation from our visitors (you!), so if you find something interesting, erroneous, terrible or inspiring, feel free to leave your two cents.

Wednesday, November 2, 2011

Shaw Capital Management News: 1.2% to 1.6% Growth eyed over Belgian economy in 2012

Friday, October 28, 2011

Shaw Capital Management Online

Wednesday, October 26, 2011

Shaw Capital Management Online-Blog

http://shawcapitalmanagementonline.com/blog/

Shaw Capital Management News: 1.2% to 1.6% Growth eyed over Belgian economy in 2012
WRITTEN BY: SCMONLINEBLOG - OCT• 17•11
2 Votes
The Belgian economy is anticipated to grow by 1.6% in 2012, the Federal Planning Bureau (FPB) accounts. But, in line with the most recent data from the four largest banks in Belgium, growth would have been a much simpler 1.2% – based from Shaw Capital Management news online.

In contrast to growth of 2.4% this year, the Belgian economy may decelerate to 1.6% in 2012, claims the federal Planning Bureau in their news release through September. Significantly less constructive results had been provided from the largest banks in Belgium that forecast the Gross domestic product growth rate of 1.2% in 2012.

Based on the most recent data by the Federal Planning Bureau, the Belgian economy will certainly grow at 1.6% in 2012. Comparable outcomes are already shown through the International Monetary Fund, ranking Belgian GDP growth for the approaching year at 1.5%.

Depending on the FPB, the Belgian economy can easily cool within 2012 as a result of less strong overall performance in the 3 major macroeconomic elements – imports, personal consumption and gross investment. What’s a lot more, within 2012, we ought to anticipate that salary indexation is going to exceed inflation that, consequently, may drop to roughly 2%. Through these signifies real wages are hoped for to improve by 1.9% the coming year, compared to 1.2% this year.

Moreover, the Bureau, along with the National Bank and the Central Economic Council, alerts concerning the decreasing competition from the economic climate of Belgium. “Although the wellbeing levels are actually substantial, economic development stays sluggish compared to different nations. A growing number of businesses tend to be shedding their own major placement in relation to efficiency”, claim the 3 establishments within their typical notice unveiled a week ago.

However, concerning the job market, the Bureau stays reasonable. Even though quantity of occupations continues to go up, joblessness is predicted to rise. During 2011 net employment generation may add up to 54,200; in 2012 it’ll fall close to 30,000. Simultaneously, the harmonized Euro stat-based lack of employment rate inside the EU-27 would be to increase by 7.3% in 2011 to 7.4% in 2012. Even so, in contrast to 8.9% in 2010, the unemployment rate is with a stabilizing course.

Nevertheless, varying information about the financial state has been supplied by the 4 largest banks working in Belgium – BNP Paribas Fortis, ING, Dexia and KBC. Statistically shown by all four banks in mid-September, economic growth in 2012 is predicted 1.2%. In this instance, government entities must obtain €800m much more to be able to link the actual deficit gap envisaged within the Planning Bureau’s foresight. However, in line with the banks, Belgium scores far better in relation to GDP-growth, joblessness or even residence debts compared to the majority of the Euro zone nations.

Am Cham Belgium’s Stance

Economic growth and restoration within Belgium continues to be healthier compared to anticipated which provides plan designers using possibilities to put into action structural changes for any versatile and aggressive job market, lasting government expenditures along with a lot more vibrant as well as revolutionary economy. In the 2011 Priorities for that Prosperous Belgium, the Chamber places ahead numerous crucial suggestions about exactly how Belgium may effectively handle structural difficulties concerning its competitiveness, social security system as well as job market.

Friday, October 21, 2011

Shaw Capital Management Online: Japan Shares Drop on Europe Tax Plan; Sony Falls

http://shawcapitalmanagementonline.com/blog/2011/10/04/shaw-capital-management-reports-japan-shares-drop-on-europe-tax-plan-sony-falls/

Japanese shares dropped for the first time in the span of three days while the French and German heads announced they will not increase a budget to help Europe’s debt crisis. Meanwhile, housing starts in US fell, renewing the concern that profits of exporters will be cut back as Shaw Capital management fears.

Sony Corporation, Japan’s largest exporter of consumer electronics, slumped 1.9% following talks in Paris yesterday between German Chancellor Angela Merkel and French President Nicolas Sarkozy. Meanwhile, the world’s biggest carmaker, Toyota Motor Corporation, dropped 1.4%. Japan’s top energy exploration company, Inpex Corporation, fell 2.3% due to reduced crude prices.

In Tokyo, the Nikkei 225 Stock Average dropped 0.8% to 9,039 as of 9:31 am. While the wider Topix index fell 0.5% to 774 with 3 shares losing for every 2 that climbs up.

An equities manager at SMBC Nikko Securities, Inc, Hiroichi Nishi, said that the meeting in Paris proved debt matters can’t be resolved in such a short time.

Futures on the Standard & Poor’s 500 Index fell 0.4% today. Yesterday, as the French and German leaders did not approved of selling euro bonds and increasing the 440-billion euro ($633 billion) rescue fund, the New York index dropped 1% to 1,1,92. Both leaders also proposed submitting another financial-transaction tax that was previously rejected in 2010.

European Union’s statistics office announced yesterday in Luxembourg that the 17-nation Euro area, Gross Domestic Product grew 0.2% in the second quarter compared to previous months when the economy increased 0.8%. In a Bloomberg News Survey, this has been the weakest expansion since the euro zone emerged from a downturn in late 2009 and was less than the 0.3% average estimate of 34 economists.

The Commerce Department detailed that housing starts in the US dropped 1.5% in July from June, and the alternative for future construction also suffered a setback, Shaw Capital management observed.

Nishi added, “The housing numbers of US were not really strong, which triggers a persistent delay in their economy.”

Exporters decreased following reports of economic development in Europe and the opposite happening in the US, which hurt the position for earnings abroad. Sony dropped 1.9% to 1,668 yen, Toyota fell 1.4% to 2,860 yen and Japan’s third biggest carmaker, Honda, lost 2.3% to 2,556 yen.

On the other hand, mining companies reduced prices of oil products. Inpex lost 2.3% to 514,000 yen. The second biggest oil driller, Japan Petroleum Exploration Company, fell 0.8% to 3,330 yen.

Yesterday, crude oil for September delivery decreased 1.4% to stay at 86.65 dollars per barrel in New York. Prices of 6 industrial metals, including aluminum and copper, fell 0.5% in the London Metal Exchange Index.

Thursday, October 20, 2011

Shaw’s History

http://www.shawgrp.com/about/history

Shaw has experienced tremendous growth since it was founded in 1986 by Chairman, President and CEO J.M. Bernhard Jr. and two colleagues. Discover how a company that first specialized in pipe fabrication has become one of the world’s leading providers of engineering, construction, technology, fabrication, remediation and support services.

1986

The company is originally formed in 1986 under the name National Fabricators Inc. In 1987, National Fabricators Inc. changes its name to Shaw Industries Inc. Shortly thereafter it acquires certain assets of B.F. Shaw Inc., a Laurens, S.C., company.

1993

Shaw Industries and Abdulla Ahmed Nass (a Bahrainian entity) form Shaw Nass Middle East W.L.L. to operate a 60,000-square-foot fabrication facility in Bahrain to service the Middle East.

Shaw Industries, through a wholly owned subsidiary, and Formiconi C.A. form Shaw-Formiconi C.A. (now known as Manufacturas Shaw South America C.A.) to operate a 50,000-square-foot fabrication facility in Maracaibo, Venezuela, to service South and Latin America.

Shaw Industries acquires Shaw Sunland Fabricators Inc., a Louisiana pipe fabrication company, with a capability of 4,000 to 6,000 spools per month. This acquisition brings Shaw Industries employment to approximately 1,900 employees.

Shaw Industries changes its name to The Shaw Group Inc. (Shaw) and conducts an initial public stock offering of 3,125,000 shares at $14.50 per share. The common stock is first listed on the NASDAQ National Market.

Jim Bernhard, then president and CEO, is elected chairman of the Board of Directors.

1994

Shaw acquires Fronek Co. Inc. and F.C.I. Pipe Support Sales Inc.

1996

Shaw acquires Word Industries Fabricators Inc.

Shaw acquires stock of Alloy Piping Products Inc., a Louisiana manufacturer of carbon steel, alloy and stainless steel pipe fittings and other pipe products.

Shaw acquires the snubber and hydraulic restraints manufacturing business from Fronek A/DE Inc.

Shaw acquires Naptech Inc., a fabricator of industrial piping systems and engineered piping modules.

Shaw acquires stock of Pipe Shields Inc., a California manufacturer of pre-insulated pipe hanger supports.

1997

Shaw acquires two industrial constructors and project maintenance businesses, United Crafts Inc. (UCI) and Merit Industrial Constructors Inc.

Shaw acquires Cojafex B.V. of Rotterdam, Holland.

Shaw acquires Prospect Industries plc, which consists of Aiton Power Corp. (U.K. and Australia), Dunn Constructors, and C.B.P. Engineering Corp. Shaw added the previously acquired contractor PED to this group to form Shaw UK.

Shaw acquires Lancas C.A. (Lancas), a construction company in Punto Fijo, Venezuela.

2000

Shaw joins with Entergy Corp. to create EntergyShaw L.L.C., a new equally owned and jointly managed company to construct power plants in North America and Europe for Entergy’s unregulated wholesale operations.

Shaw acquires substantially all of the assets and certain liabilities of Stone & Webster Inc., a 110-year-old engineering and construction company, bringing the total number of employees to more than 12,000.

Shaw’s Board of Directors authorizes a two-for-one stock split of common stock.

2001

Shaw breaks ground on a new 350,000-square-foot worldwide headquarters in Baton Rouge, La.

Jim Bernhard, Shaw’s chairman, president and CEO, is recognized by Ernst & Young as Manufacturing Entrepreneur of the Year.

2002

Shaw acquires substantially all of the assets and certain liabilities of The IT Group Inc., bringing Shaw’s total number of employees to 18,000.

Shaw opens a new pipe fabrication facility in China.

2003

Shaw acquires stock of Envirogen Inc. and its wholly owned subsidiary, MWR Inc.

Shaw debuts on Fortune magazine’s Fortune 500 list at No. 479 with $3.2 billion in revenue for 2002.

Shaw acquires assets of Badger/P&C business from Washington Group International Inc.

Shaw acquires stock of Energy Delivery Services from Duke Energy Global Markets Inc.

2004

Shaw is named to Fortune magazine’s Fortune 500 list for the second consecutive year and also debuted on the magazine’s list of "America’s Most Admired Companies."

2005

Shaw is named as one of "America’s Most Admired Companies" by Fortune magazine for the second consecutive year.

Shaw joins Westinghouse in the AP1000® Consortium as architect engineer.

Hurricane Katrina strikes the Gulf Coast region. A leader in emergency hurricane response work, Shaw is called upon to provide a broad range of services including power restoration, emergency provisions, housing and temporary roof repairs.

Shaw and its Louisiana-based subcontractors pump the floodwaters from New Orleans in 17 days. The experts predicted it would take three months.

2006

Shaw increases its credit facility to $750 million.

Shaw and its employees announce a total cash contribution of $1 million to hurricane relief and recovery efforts.

Shaw acquires maritime engineering and design firm Gottlieb, Barnett & Bridges (GBB).

Shaw reports record revenues of $4.8 billion and record backlog of $9.1 billion for fiscal 2006 and ends the fiscal year with more than 22,000 employees.

Shaw acquires a 20 percent ownership position in Westinghouse Electric Co., the world’s premier provider of power generating technology, equipment, licensing expertise, fuel and services for nuclear plants.

The People’s Republic of China’s State Nuclear Power Technology Co. (SNPTC) selects the Westinghouse/Shaw Consortium and Westinghouse’s AP1000 passive Generation III+ technology as the basis for four new nuclear power plants to be constructed in China.

2007

Shaw booked nearly $11 billion in new awards during fiscal year 2007, and its backlog of unfilled orders at Aug. 31, 2007, rose to a record $14.3 billion. Year-end revenues were $5.7 billion.

Shaw is named "Contractor of the Year" by Associated Builders and Contractors Association.

Shaw names Charlotte, N.C., as headquarters for its Power Group.

Shaw is awarded contracts for four major clean coal electric generating facilities for clients AEP, Dominion, Duke and Entergy.

Westinghouse and Shaw sign historic definitive contracts to provide four AP1000 nuclear power plants in China.

Shaw is awarded a maintenance and modifications services contract for Exelon Generation Co. LLC’s fleet of 17 nuclear stations, the largest nuclear fleet in the U.S.

Shaw increases its pipe fabrication and manufacturing volume capacity with the acquisitions of Mid States Pipe Fabrication, Inc. and Ezeflow (NJ) Inc. (TUBE-LINE), the reopening of its Tulsa, Okla., pipe fabrication facility, the expansion of its Sunland facility and the development of a new fabrication facility in Mexico.

Shaw is awarded a contract to provide technology, design, engineering, procurement and construction for ExxonMobil Chemical’s 1,000,000 tons-per-year olefins recovery facility and 220-megawatt power cogeneration unit in Singapore.

Shaw Capital Inc. is formed to identify, develop and execute proposed investments, including acquisitions of operating assets, expansions and retrofitting of existing facilities, new constructions and project development.

Shaw completes the Comprehensive Master Plan for Coastal Restoration and Hurricane Protection for the Louisiana Department of Natural Resources and is chosen by the South Florida Water Management District to provide comprehensive engineering services as part of the continued efforts to restore the Everglades.

Shaw is awarded a contract to perform engineering, procurement and construction management services for a 2,000 metric ton-per-year polysilicon manufacturing plant.

2008

Shaw opens a new office in Shanghai, China, to support the rapidly growing Chinese nuclear power industry, which includes Shaw’s ongoing work at plants in Sanmen and Haiyang.

Shaw begins project management, design and construction of the Inner Harbor Navigation Canal (IHNC) Surge Barrier project, the largest design-build project ever awarded by the U.S. Army Corps of Engineers.

Shaw and Westinghouse sign historic contracts to build the first new commercial nuclear plants in the U.S. in more than 30 years. The team is awarded an engineering, procurement and construction contract by Georgia Power Co., a subsidiary of Southern Company, for two Westinghouse AP1000 nuclear power units and related facilities. The team also is awarded an engineering, procurement and construction contract by South Carolina Electric & Gas Co., principal subsidiary of SCANA Corp., and the South Carolina Public Service Authority (Santee Cooper) for two Westinghouse AP1000 nuclear power units.

Cash flow generation, sizable cash balance and favorable end markets result in an upgrade to Shaw’s credit ratings by Standard & Poor’s Ratings Services.

Shaw opens a new fabrication facility in Matamoros, Mexico, significantly increasing pipe fabrication capacity.

Shaw AREVA MOX Services LLC signs a final construction contract for the Department of Energy’s Mixed Oxide (MOX) Fuel Fabrication Facility in Aiken, S.C., where surplus weapons-grade plutonium is set to be transformed into nuclear fuel.

2009

Shaw and Westinghouse are awarded an engineering, procurement and construction contract by Progress Energy Florida Inc., a subsidiary of Progress Energy, for two Westinghouse AP1000 nuclear power units in Levy Country, Fla.

Shaw opens a new office in Abu Dhabi, United Arab Emirates, to support its increasing activity throughout the Middle East.

Shaw and Westinghouse receive full notice to proceed from Southern Nuclear on its engineering, procurement and construction contract for two Westinghouse AP1000 nuclear power units near Augusta, Ga.

Shaw and Westinghouse, along with China’s State Nuclear Power Technology Corp. (SNPTC), reach milestones at the Sanmen nuclear power plant project in China, successfully completing placement of first nuclear concrete and also of the first major structural module.

Shaw and China’s SNPTC sign a strategic cooperation agreement, allowing both companies to issue tasks to support each other in China’s growing nuclear infrastructure business. SNPTC announced plans to build at least 30 new nuclear power plants in China by 2020.

Shaw changes its stock ticker symbol on the New York Stock Exchange from "SGR" to "SHAW" to better identify the company’s name with its stock.

The Shaw Group reaches record revenues of $7.3 billion for fiscal 2009.

Shaw completes an air quality control retrofit program for a fleet of three clean coal-fired power plants in Maryland for Mirant Mid-Atlantic, modernizing seven units.

2010

Shaw successfully completes an air quality control retrofit project for PPL Generation at its Brunner Island clean coal-fired power plant in Pennsylvania.

Shaw achieves substantial completion of a new, 660-MW circulating fluidized bed petcoke-fired power plant for Cleco Power LLC in Louisiana after being awarded the engineering, procurement and construction contract in 2005.

Shaw CEO, Chairman and President J.M. Bernhard Jr. participates in President Barack Obama’s announcement of the first conditional federal loan guarantee for new nuclear plant construction. Southern Company was awarded the guarantee for Vogtle Electric Generating Plant in Georgia, where Shaw is building two AP1000 commercial nuclear units.

For the third consecutive year, Shaw was named the power sector industry leader, according to Engineering News-Record’s list of Top 500 Design Firms.

2011

Shaw assumes full ownership of a joint venture with engineering company Rolta India Limited, advancing a strategic growth plan for the region.

Shaw acquires Florida-based Coastal Planning & Engineering Inc., expanding its coastal services spectrum and adding its first Brazil office to its global portfolio.

Teams from Shaw dispatch to Japan after an earthquake and tsunami to provide mitigation, remediation and recovery services at the Fukushima Daiichi nuclear power station.

Shaw’s IHNC Surge Barrier project helps the U.S. Army Corps of Engineers reach 100-year storm protection on May 31, 2011, just before the start of hurricane season.

Monday, October 17, 2011

Shaw Capital Management Online: Japan Shares Drop on Europe Tax Plan; Sony Falls

http://shawcapitalmanagementonline.com/blog/2011/10/04/shaw-capital-management-reports-japan-shares-drop-on-europe-tax-plan-sony-falls/

WRITTEN BY: SCMONLINEBLOG - OCT• 04•11
Japanese shares dropped for the first time in the span of three days while the French and German heads announced they will not increase a budget to help Europe’s debt crisis. Meanwhile, housing starts in US fell, renewing the concern that profits of exporters will be cut back as Shaw Capital management fears.

Sony Corporation, Japan’s largest exporter of consumer electronics, slumped 1.9% following talks in Paris yesterday between German Chancellor Angela Merkel and French President Nicolas Sarkozy. Meanwhile, the world’s biggest carmaker, Toyota Motor Corporation, dropped 1.4%. Japan’s top energy exploration company, Inpex Corporation, fell 2.3% due to reduced crude prices.

In Tokyo, the Nikkei 225 Stock Average dropped 0.8% to 9,039 as of 9:31 am. While the wider Topix index fell 0.5% to 774 with 3 shares losing for every 2 that climbs up.

An equities manager at SMBC Nikko Securities, Inc, Hiroichi Nishi, said that the meeting in Paris proved debt matters can’t be resolved in such a short time.

Futures on the Standard & Poor’s 500 Index fell 0.4% today. Yesterday, as the French and German leaders did not approved of selling euro bonds and increasing the 440-billion euro ($633 billion) rescue fund, the New York index dropped 1% to 1,1,92. Both leaders also proposed submitting another financial-transaction tax that was previously rejected in 2010.

European Union’s statistics office announced yesterday in Luxembourg that the 17-nation Euro area, Gross Domestic Product grew 0.2% in the second quarter compared to previous months when the economy increased 0.8%. In a Bloomberg News Survey, this has been the weakest expansion since the euro zone emerged from a downturn in late 2009 and was less than the 0.3% average estimate of 34 economists.

The Commerce Department detailed that housing starts in the US dropped 1.5% in July from June, and the alternative for future construction also suffered a setback, Shaw Capital management observed.

Nishi added, “The housing numbers of US were not really strong, which triggers a persistent delay in their economy.”

Exporters decreased following reports of economic development in Europe and the opposite happening in the US, which hurt the position for earnings abroad. Sony dropped 1.9% to 1,668 yen, Toyota fell 1.4% to 2,860 yen and Japan’s third biggest carmaker, Honda, lost 2.3% to 2,556 yen.

On the other hand, mining companies reduced prices of oil products. Inpex lost 2.3% to 514,000 yen. The second biggest oil driller, Japan Petroleum Exploration Company, fell 0.8% to 3,330 yen.

Yesterday, crude oil for September delivery decreased 1.4% to stay at 86.65 dollars per barrel in New York. Prices of 6 industrial metals, including aluminum and copper, fell 0.5% in the London Metal Exchange Index.

Wednesday, October 12, 2011

Shaw Capital Management

Specialist in International Shipping

Welcome to Shaw Capital Management
Value of great service... Help grow your business...
Shaw Capital Management and Financing provide same-day-funding. We can help you meet your cashflow needs immediately without entering into a long term factoring relationship. The money you get for the freight bills we purchase is payment in full.
Shaw Capital Management and Financing offer a complete line of factoring services, purchase order funding, asset based financing, accounts receivable management, and other related financial services.
Shaw Capital Management and Financing offer funding for a wide range of industries and flexible funding requirements that most businesses can easily qualify for.
Based in Baltimore, Maryland. Importing into the tri-state area mostly from the far east such as China, Thailand, Taiwan and South Korea.
For your convenience, we have associate offices in Shanghai, Hong Kong, Taipei and Seoul in S Korea.
At Shaw Capital Management - No financials needed - and with Flexible terms...

Monday, October 3, 2011

Shaw Capital Management Scam Info: Royal Scam: Why Media’s Excessive Royal Wedding Coverage Is Appalling And Wrong

http://warning.shawcapitalmanagementscaminfo.com/2011/05/shaw-capital-management-scam-info-royal-scam-why-media%E2%80%99s-excessive-royal-wedding-coverage-is-appalling-and-wrong/

http://www.mediaite.com/online/royal-scam-why-news-medias-excessive-royal-wedding-coverage-is-apalling-and-wrong/
by Colby Hall | 12:05 pm, April 29th, 2011

Watching the wall-to-wall royal wedding coverage on the network morning shows and cable news networks this morning, it is easy to forget that every one of them is supposedly run by a “news” division. Wall-to-wall is not figurative term but a literal one. Give the people what they want right?
But wait, a recent poll by the New York Timesand CBS found that about 28% of Americans were following the wedding of Prince William and Kate Middleton “very closely” or “somewhat closely,” a number that eclipses even the rosiest estimates of NASCAR fandom. Now, imagine if every NASCAR race of the past 20 years happened on the same day.
Yes, it has become fashionable to bash the saturation coverage of the royal wedding, but the the problem isn’t with the amount of coverage, or even the expense, but with what it costs us. This spectacle illustrates the degree to which profit-driven “giving the people what they want” has undercut journalism’s true purpose.
There have been a great number of people who have openly admonished the news media for royal wedding “circus act.” In fact, the only subject more hackneyed than royal wedding commentary on Twitter of late, is people complaining about the royal wedding commentary. These hipper-than-thou critiques ignore the fact that the royal wedding is a rare “real-life” vestige of a myth that runs deep in our culture. Quick, name a Disney movie that didn’t have a princess or a prince in it.
There was a time, though, when you could have a gloriously decadent royal wedding cake, and eat it, too, by having a news media that devoted adequate resources to fulfilling its public service obligation. But times have changed, and so too have the apparent strategy of network news. Former ObserverEIC Kyle Pope summed it up best on a recent tweet, writing “The big TV networks show their true stripes, investing hugely in royal wedding coverage while letting their foreign bureaus die.”
Yes, by any measure, the decision makers at both network and cable news divisions went long on the royal wedding, spending millions of dollars of the very budget that they constantly carp about being so diminished. And remember lay-offs of the last year? Think of the poor news producer who was recently let go due to a lack of funds, who must be thinking “I was fired for this?!”
The thinking behind the news director’s decisions is crystal clear; British royalty (particularly with regards to Princess Diana) was big media business in “the Colonies,” and so the thinking is that we will collectively be very interested in the next Princess. Given the difference in the times, and the public hits that the Monarchy has taken in the interim, it’s doubtful that Kate Middleton will ever get to Princess Di status. In much the same way, we are unlikely to enjoy an omnipresent news media with resources in every corner of the world.
Of course, there were only three (real) channels back then, and only sixteen or so programming hours to fill. E! was just another letter in the alphabet, Bravo was just something you hollered at the opera, and MTV was just a jukebox with pictures. You didn’t have to do much more than point your camera at the happy couple to be guaranteed a huge audience. Nowadays, the fierceness of the competition is manifested in amped-up graphics, increasingly tangential guest “experts,” and a crowding-out of…everything else. Especially — and rather sadly — real news coverage.
But its not just the news media, the media watchdogs are largely complicit. Even the thoughtful Poynter Institute collected Twitter reactions from a various media critics, and nary one was actually critical of the coverage, nor questioned the gross amount of overkill involved.
The recent Tornado disaster in the Southern part of the country perfectly illustrates the stark disconnect between NY based news staffers and, well, the rest of the country. Over 300 people have died as a result of this catastrophe, but the cable news networks have all reported more on the royal wedding than the tornadoes in the South, judging by a topic search on TV Eyes. Don’t worry though, real-time reports on the devastation in the South could still be found…by civilians on the ground uploading videos and reports via YouTube and Twitter. Is it any wonder that so many Americans so deeply distrust the American media?
One can cynically presume that many in the news business saw a trip to London (vis-à-vis the royal wedding) as a classic media boondoggle. And while its too soon to know the ratings and how this investment has paid off, the coverage does feel a little shoved down our collective throats right now. With apologies to Steely Dan, it all feels a lot like the royal scam.

Friday, August 26, 2011

Shaw Capital Working Management Tips and Artticles Warning News: Tax-return-related scams popping up around Louisiana

The fliers increasingly popping up around many community churches seem harmless enough. They are handwritten, include a first name and local phone number, and offer exactly what any taxpayer would want: more money back on your tax returns.

But as unsuspicious as the flier may seem, following up on the enticement could leave your bank account and your identity vulnerable to theft.

The Internal Revenue Service has seen an increase in these types of tax-return-related scams targeting church congregations across the country, especially in Louisiana.

The way the scam works is simple: An unsuspecting taxpayer calls the phone number on the flier, seeking help with filing tax returns. The scam artist then solicits the caller’s Social Security number, and in many cases, bank account and credit card numbers, giving them all the information necessary to steal the caller’s money and identity.

These scams, which exploit a tax refund system that can sometimes prove complicated, tend to prey disproportionately on elderly and low-income individuals.

“If it sounds too good to be true, it probably is,” said Dee Harris Stepter, a spokeswoman for the IRS based in New Orleans. “Most people rely on the faith and credibility of the people in their church, and so they believe the tax help’s a legitimate thing when it’s not.”

These schemes tend to spread by word of mouth, as well-intentioned people tell their friends and family.

To avoid becoming a victim of tax scams, there are certain precautions you can take.

If you’re considering paying someone to help with tax returns, check the preparer’s track record first. The Better Business Bureau of New Orleans offers ratings of many local tax return preparers, from A+ to F, to help taxpayers make the right choice.

“Bottom line is don’t give out any of your information to anyone you haven’t checked out first,” said Cynthia Albert, the bureau’s director of operations and media relations.

Scammers often promise free money with no documentation required. The IRS will always require documentation.

Social Security beneficiaries should be wary of anyone promising refunds or larger payouts, Stepter said, because if someone’s sole source of income is Social Security, they are not eligible for income tax credits.

The IRS is also seeing a lot of scams involving expired or nonexistent tax credits, such as the now-expired Economic Recovery Credit or Recovery Rebate Credit.

Many scam artists pretend to be IRS officials. They call or email people asking for their personal information, and in some cases, threaten to arrest the person they’re calling, saying the person must hand over the personal information or else.

The IRS will never ask for personal information over email or phone.

“Be informed about what your rights as a taxpayer are,” said Stepter. “These scams are something that’s very prevalent in our society, unfortunately.”

Naomi Martin can be reached at nmartin@timespicayune.com

Wednesday, August 17, 2011

Accounts Receivable Financing

Shaw Capital Management and Financing provides export trade financing to clients in every major world market and can convert accounts receivable finance transactions in 17 currencies.
We have no minimum or maximum monthly volume requirements. Other factoring companies require a financial commitment for the amount of freight bills you factor each month.
Our highly skilled team provides full administrative support - including credit management, invoicing, collections, account reporting, expense reporting, fuel card management and much more!
With Shaw Capital Management and Financing, you get paid in full minus our fee the day we receive your freight bills. Other factoring companies holdback 10 to 15 percent of your money or more for each invoice in a reserve account. That reserve amount is not immediately provided to your company. In the end, you receive part of that percentage back, depending on how long it takes the factoring company to receive payment on the invoice.

Welcome to Shaw Capital Management Value of great service... Help grow your business...

Shaw Capital Management and Financing provide same-day-funding. We can help you meet your cashflow needs immediately without entering into a long term factoring relationship. The money you get for the freight bills we purchase is payment in full.
Shaw Capital Management and Financing offer a complete line of factoring services, purchase order funding, asset based financing, accounts receivable management, and other related financial services.
Shaw Capital Management and Financing offer funding for a wide range of industries and flexible funding requirements that most businesses can easily qualify for.
Based in Baltimore, Maryland. Importing into the tri-state area mostly from the far east such as China, Thailand, Taiwan and South Korea.
For your convenience, we have associate offices in Shanghai, Hong Kong, Taipei and Seoul in S Korea.

Wednesday, August 3, 2011

Shaw Capital Working Management News Worldwide: Twitter Tests New Ad Types

http://financial.shaw-capitalworkingmanagement.com/2011/07/shaw-capital-working-management-news-worldwide-twitter-tests-new-ad-types/

http://online.wsj.com/article/SB10001424053111904800304576474100156000380.html

JULY 29, 2011

BY AMIR EFRATI

To make good on its ballooning multibillion-dollar valuation, online-messaging service Twitter Inc. must pass the Sephora test.

Initially, Sephora, the makeup retailer that is part of luxury-brand-giant LVMH, didn’t allocate any funds for Twitter’s young advertising system for this year. But in February, it bought more than 15 Twitter ads to promote a contest for customers in which it gave away products to fans of the Fox show “Glee.” According to its analysis, the response rate from the Twitter ads beat its projections by 700%.

So Cathy Choi, Sephora’s social media director, sought additional money—she declines to disclose how much—to try out Twitter’s newest ad offering, which rolled out Thursday. Called “promoted tweets to followers,” it lets brands and charities pay to make sure that their followers see messages they send out on Twitter even if the followers don’t log on to the service until hours after the messages are sent.

It’s the latest move by the San Francisco-based company, which lets people broadcast messages of up to 140 characters known as “tweets,” to build up its fledgling online advertising business. Despite the relatively nascent nature of that business, investors have pumped up the valuation of the closely held company amid a new Silicon Valley boom. Twitter is currently raising a new round of financing that would value the company at around $8 billion, according to a person familiar with the matter.

Twitter, which launched its ad system in April 2010, is on pace to generate $150 million in ad revenue this year, research firm eMarketer has estimated. The microblogging service is home to thousands of brands, from Coca-Cola Co. to local bakeries, that work to gain “followers,” or people who track the brands’ tweets about new products and promotions. About 20% of Twitter users “follow” a brand, according to a survey by marketing firm ExactTarget.

Twitter, which has more than 200 million registered accounts, said its new ad offering is being rolled out slowly and only for a couple of dozen advertisers, including Microsoft Corp. and Starbucks Corp. Twitter advertisers pay a fee, determined by an automated auction, only if a user selects their ad, including clicking on a link or “retweeting” the message to the user’s followers.

Overall, Twitter sales chief Adam Bain said the company has opened its ad system to more than 1,000 advertisers, including many small businesses, and about 80% have made more than one purchase. He added that many tweets by such brands as Walt Disney Co. have become viral hits on Twitter after users retweeted the ad.

Twitter began rolling out ad offerings last year using a format called “promoted tweets” that lets marketers place bids to show ads to Twitter users who perform searches on the Twitter.com home page. It later added “promoted trends,” which are ads that cost $120,000 a day and appear alongside each user’s account and on Twitter.com’s home page, among other ad offerings.

Not all of Twitter’s ad features have succeeded. An experiment called the “quick bar,” which Twitter introduced in March to users of its iPhone application, showed ads and hot topics on the service, but it was removed after an uproar from some users who felt it was too intrusive.

“We’re still testing it to figure out what works, but Twitter is one of the more promising channels for us going forward,” said Abby Lunardini, vice president of corporate communications for the airline Virgin America, which has paid for 65 different Twitter ads since last year. She declined to disclose how much the company spent.
Digits

Alison Moore, senior vice president of digital platforms for Home Box Office Inc., said she expects Twitter’s latest ad offering to be a “very focused way for us to show the most relevant brand information to the people who raised their hands and want it most.”

HBO expects to use the ads to promote its online video service HBO GO and merchandise for shows such as “True Blood,” which has more than 264,000 followers on Twitter, she said.

Twitter will also launch a “self-serve” ad system later this year so that anyone can buy an ad, and it is working on several other potential ad products, people familiar with the matter have said. Twitter Chief Executive Dick Costolo said earlier this month that Twitter might let marketers sell items directly on Twitter.

Monday, August 1, 2011

Shaw Capital Working Management Tips & Articles: Google’s Eric Schmidt Set For Sept. 21 Senate Antitrust Hearing

http://shaw-capitalworkingmanagement.com/2011/07/29/shaw-capital-working-management-tips-articles-google%E2%80%99s-eric-schmidt-set-for-sept-21-senate-antitrust-hearing/

JUL29
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http://paidcontent.org/article/419-googles-eric-schmidt-set-for-sept.-21-senate-antitrust-hearing/

By Sam Gustin
Jul 28, 2011 7:03 PM ET

Google Executive Chairman Eric Schmidt will testify before lawmakers probing the company’s market power on Sept. 21, the search giant confirmed on Thursday. After initially declining to appear, the former CEO received a not-so-subtle subpoena threat from the committee and rethought his position. The hearing, which will focus on charges that Google (NSDQ: GOOG) uses its market power to favor its own services and hinder rivals, comes as the Federal Trade Commission ramps up its investigation into the company’s dominance of the web search business.

Last month, Sen. Herb Kohl, the Wisconsin Democrat who chairs the antitrust subcommittee, and Sen. Mike Lee, the Utah Republican and ranking member, requested that either Schmidt or current Google CEO Larry Page testify. For its part, the company offered to send its chief legal officer, David Drummond, but Kohl and Lee insisted, warnings that lawmakers “would very much prefer to work this out by agreement rather than needing to resort to more formal procedures.”

See more of our latest Travel coverage
or add an alert for future coverage of Travel.

The hearing title: The Power of Google: Serving Consumers or Threatening Competition?

Google’s competitors have long been pushing for greater government scrutiny of the search giant’s market power. A group of them have created an organization called FairSearch.org, which seeks to highlight Google’s abuses. Among the group’s members: Google’s search rival Microsoft (NSDQ: MSFT), as well as travel sites Expedia, Travelocity, and Hotwire, which had opposed the search giant’s purchase of ITA Software, a provider of back-end services for travel search engines.

When that deal was approved, representatives of the travel companies predicted greater scrutiny for Google.

Not surprisingly, FairSearch.org praised Kohl and Lee for this effort.

Proponents of greater regulation of Google’s search engine tend to argue that because the service is so ubiquitous, it has become something like a public utility. Or they claim that Google must be totally “objective” in its search results, so as not to violate so-called “search neutrality.”

Google’s supporters call such arguments nonsense and say that “search neutrality” is a fantasy. Google may be publicly traded but it is still a private company, they argue. It can place any information it wishes on its website. It is under no obligation whatsoever to even include its competitors on its web page. Furthermore, web search is inherently subjective. Google’s search rankings are judgements produced by its proprietary algorithm, which the company tweaks constantly.

At the hearing, Schmidt likely will point out that web users are free to choose any search engine they wish—the alternatives are just a click away.

Thursday, July 28, 2011

Shaw Capital Working Management Tips & Articles: Segarra shares city priorities with governor

http://shaw-capitalworkingmanagement.com/2011/03/10/shaw-capital-working-management-tips-segarra-shares-city-priorities-with-governor/

MAR10

http://www.norwalkplus.com/nwk/information/nwsnwk/publish/Local_2/Segarra-shares-city-priorities-with-governor_np_12110.shtml

Mar 9, 2011 – 7:58 AM

By Hartford Mayor Pedro Segarra’s office

In a letter sent to Governor Dannel P. Malloy on Tuesday, Hartford Mayor Pedro E. Segarra outlined the City’s vision, priorities and initiatives that will help grow the local and regional economy and serve to substantially improve Connecticut’s Capital City. In his letter, Mayor Segarra referenced the Governor’s background and achievements as a former city mayor as part of his core knowledge and understanding that urban centers will play a critical role in turning around the state’s economy.

“Hartford’s success is Connecticut’s success. By moving forward on my immediate and long-term strategies, we will make Hartford the center of medical research and technology, continue to make our students more competitive in the global job market, and further establish Hartford as the state’s and region’s Arts center. Connecticut’s Capital City is perfectly positioned to help small and large businesses create jobs, enhance the City’s and the State’s quality of life, and become a choice tourist destination. My goal is to continue making Hartford a great place to live, work, play and raise a family,” said Mayor Segarra.

In addition to defining a long-term vision for the City, there are several capital and infrastructure projects that the Mayor brought to the Governor’s attention including:

1. Swift Factory: Through strong partnerships, a vacant factory will be turned into a vibrant multipurpose facility and rejuvenate a North End neighborhood;

2. Coltsville: Continue to work with the Congressional delegation to have this area designated as a national park and securing federal and/or state funding for façade improvements;

3. XL Center: The current management contract runs out in 2013, at which point the City will assume responsibility of this facility. The Mayor and his administration are in the process of laying the groundwork to make this a more vibrant and desirable venue for sports and entertainment events;

4. iQuilt: This innovative initiative crafted by The Bushnell, The Greater Hartford Arts Council, and the City of Hartford intends to knit together our wonderful social and cultural centers and enhance pedestrian routes to promote economic growth and redevelopment in the Capitol district;

5. 101 Pearl Street: The Mayor and city officials are actively pursuing creative options that would benefit the Downtown area as well as neighboring tenants;

6. Albany Avenue/Route 44: A state highway and main artery in the North End, working in conjunction with MDC to aggressively pursue funding for streetscape that would prove critical to community vibrancy;

7. Capitol Avenue: Through the Greening of America’s Capitals grant received from EPA, we are poised to work with appropriate state officials to transform areas surrounding the State Capitol to add green space, more appealing sightlines, and increased sustainability;

8. New Britain to Hartford Busway: This project will improve travel to and from the city, create about 4,000 jobs, and represent the state’s first rapid-transit system. While the City is still firm in its position to not disrupt operations at Aetna and The Hartford, this project would revitalize Asylum Hill neighborhood and reduce traffic on I-84 and I-91;

9. Lyric Theatre: A historic theatre in the Frog Hollow neighborhood that the Mayor has targeted for restoration and the future home of the Puerto Rican Cultural Center.

Other long-range projects mentioned include the Hartford Viaduct and high-speed rail. Mayor Segarra emphasized that through partnerships and a collaborative approach at the community, city, state, and federal levels, these projects will improve the quality of life for residents throughout the city, address environmental concerns, and provide employment opportunities for years to come.

Shaw Capital Working Management Tips & Articles: Rimage: A Call To Action By A Shareholder

http://shaw-capitalworkingmanagement.com/2011/03/10/shaw-capital-working-management-tips-rimage-a-call-to-action-by-a-shareholder/

MAR10

______________________________________________________________

http://www.gurufocus.com/news.php?id=125175

Mar. 08, 2011 | Filed Under: RIMG

Dear Members of the Board:

As shareholders of Rimage Corporation (RIMG), Schacht Value Investors demands a change in the company’s strategic direction and capital allocation. On behalf of our clients, who beneficially own 65,010 shares of Rimage, we request:

* A renewed focus on core business & organic initiatives.
* An end to the search for acquisition targets.
* A special dividend of at least $100 million, or $10/share.
* Engagement of investment bankers about a sale of Rimage.

The company’s enormous cash balance, which currently represents 80 percent of the company’s market capitalization, is its largest source of shareholder value. Recent statements and actions by management raise serious concerns about the intentions for this capital. Over the past year, it has become increasingly clear that Rimage’s leadership will primarily use the cash to pursue an “option” that includes acquisitions and a new “content delivery platform”.

We disagree strongly with this direction.

The current market price of Rimage shares implies a value of $140 million. Two components contribute to this value: a profitable core business that generates significant free cash flow, which at the current market price carries a value of under $30 million, and at least $100 million in cash that investors could redirect without affecting the operation and value of that core business. Even if the core business declines, by any measure, its value should far exceed the $30 million currently being assigned.

Why does the market attribute such a paltry valuation to the core business? The market assigns a negative value to the aforementioned “option” that management hopes to pursue. While management may believe that the option represents the best use of company cash, the market correctly assumes that the option will instead destroy shareholder wealth. In fact, CEO Sherman Black reinforced the market’s view only last week:

We have not given any financial estimates, because we don’t have a firm business plan that we can share with you at this time. What we have shared with you, Steve, is that we have an existing business that we feel comfortable is going to continue to generate cash flow.

We could not have said it better ourselves. Everything outside the core business is just an expensive experiment, a speculation with shareholder capital that we do not and will not support.

Focus on the Core Business

The operating portion of Rimage should be the largest component of enterprise value and the focus of management’s efforts. Management may feel “comfortable (that it) is going to continue to generate cash flow”, but the “option” is a major distraction that jeopardizes this progress.

Furthermore, instead of throwing an undefined amount of cash at the promised “content delivery platform,” management should seek further organic growth in areas that truly relate to the existing business. By their own admission, management does not have a firm plan for their new business efforts. These ventures are ill-defined and promise to consume unknown quantities of shareholder capital.

To be clear, we do not oppose investing for the future. Rather we question the nature and extent of the needed investment. The Board of Directors must resist the institutional imperative to spend the enormous store of wealth.

End the Search for Acquisitions

If we were to write a book entitled “Successful Corporate Acquisitions”, it would be a very slim text. The chapter covering technology companies would be slight to non-existent. Sherman Black acknowledged this during the 4th Quarter 2009 earnings conference call:

I can provide you with a lot of data that says companies that do what you just suggested [acquisitions] actually fail. And when you start looking multiple rings away from your core, your chances of success go way down. And that’s been documented in many, many cases. I would rather – if I thought that’s where I was going to go, I’d rather give the money back to the shareholders and let them decide where they want to take their investments.

This remark reassured us as investors, but it has started to ring hollow in light of recent statements and developments. First and foremost, the company hired an investment bank to explore acquisition targets. We are reminded that you never ask a barber if you need a haircut!

Next, the Board of Directors this week changed management incentive compensation so as to actually encourage acquisitions. The company did not discuss or even identify this critical change during the most recent earnings conference call. We thus question the ability of the current Board of Directors to represent investor interests. To encourage behavior that will likely destroy shareholder wealth strikes us as irrational.

For at least a year, investors have questioned management (publicly and privately) about capital allocation plans, particularly in regard to Rimage’s enormous and growing cash balance. Initially, management asked for time to formulate a plan, citing their short time on the job. More recently, it hinted at a plan that remains undisclosed, ill-defined, or both. Nonetheless, management assured shareholders that the cash is not burning a hole in the corporate pocket.

Hiring an investment bank and changing compensation incentives confirms investors’ worst fears. Yet the Board of Directors expects us to sit passively, content with the cash balance in the hands of management, despite signs of imminent value destruction.

Despite the general lack of transparency, one thing is abundantly clear: there are no plans to disgorge excess capital back to shareholders, where it is desired and where it belongs.

Given the checkered history of corporate deal making, this should be the first option considered, not the last.

Shareholder after shareholder has raised the issue of a special dividend. Management has dismissed us every time, with excuses, platitudes, and outright condescension. Just review the enclosed litany of exchanges regarding Rimage’s cash over the last 5 quarters (attached).

Management forgets that investors own this capital. Yet management ignores investor calls for a pro-rata share of our own cash, in favor of management ambitions, unspecified customer requests, a call for growth by the Board of Directors, and whatever gem our new investment bankers may uncover. We should not have to wait at the end of the line for our own capital.

If shareholders needed further evidence of the company’s intentions, we need only cite Sherman Black’s recent statement that accelerating growth at Rimage “will require some inorganic activity, and we’re looking at those options”. Such veiled references to acquisitions only provide further proof that management understands the unpopularity of the “acquisitions first” course.

Declare a Special Dividend

Numerous academic studies and countless examples show clearly that large excess cash balances erode management discipline and shareholder returns. Yet management ambitions often override financial concerns when shareholders fail to intervene. Even Warren Buffetthimself has weighed in on these issues saying he prefers smaller companies with higher returns on capital to bigger ones with lower returns.

Investors will not allow Rimage to become a venture capital fund. Most of Rimage’s shareholders are professional investors with a far greater capability to reinvest this capital, with the track records to prove it. Investors, including Schacht Value, have a wider choice of possible investments outside the company’s rather specific area of technology.

The company could easily return at least $100 million to shareholders and still have more than enough cash for organic opportunities and working capital. Even a distribution of this size would leave some $16m in cash to support $80m-$85m in 2011 sales. Management must demonstrate why they could not operate the current business and invest for the future with this level of remaining cash (post distribution), ongoing free cash flow, and a debt free balance sheet.

We therefore request that the Board declare a special dividend of at least $100 million. This special dividend would be additive to the regular dividend, not a replacement.

Investigate Possible Company Sale

With a low enterprise value multiple, large cash balance, and steady free cash flow capabilities, Rimage makes a natural target, not an acquirer. The only reason to hire an investment banker would be to sell the company. We can’t name a single “minnow-swallows-whale” acquisition that succeeded. Even “bolt-on” acquisitions are a mixed bag in terms of success.

Thus, in the interest of exploring all avenues of shareholder value maximization, we request that the Board of Directors engage an investment bank to solicit offers for Rimage. The best option for shareholders may well be a sale of the company, but we won’t know unless the Board of Directors explores the possibilities.

Further Comments

In anticipation of one response to our request, let us acknowledge the company’s steps to respond to shareholder discontent: engaging in modest share repurchases and declaring a regular dividend. These decisions, however, do not address the huge amount of cash in question or the risky steps being taken elsewhere in the name of growth.

For instance, despite the recently announced buyback activity, shares outstanding have actually increased. Clearly, the benefit of the share repurchases has not accrued to shareholders. Instead, it represents a wealth transfer (via stock options) to employees, making what was implicit explicit. Management only uses the share repurchases to the extent needed to offset option dilution. Whatever the portrayal, this is not a serious effort to return capital to shareholders.

Investors welcome a regular dividend as a necessary step for Rimage, but it does not address the company’s outsized cash balance. Barring any special dividend, cash will likely continue to grow, unless management wastes it on an acquisition.

So when it comes to addressing the cash hoard and/or returning a significant amount of cash to shareholders, the above activities are merely window-dressing.

Conclusion

It is time the Board of Directors upholds its fiduciary duty to protect shareholders from the management team’s ambitions, directing them to run the business at hand. While day-to-day operations may not have the glamour and intrigue of so-called “strategic matters”, Rimage investors believe they are a better use of management’s time, and our money.

Send a clear signal to existing shareholders and the wider investment community that Rimage will not burn its cash in a misguided attempt to discover the next “big thing”. The Board of Directors must consider all options for increasing value, including a sale of the company. In the meantime, the company must return excess cash to its owners.

Leave eager investment bankers and their shopping lists for others. By doing so, you will distinguish Rimage as a true steward of shareholder capital and likely cause a positive reappraisal of the company’s value.

In short, we trust management to run its existing business, not to allocate over $100 million in shareholder capital on new ventures.

Numerous concerned shareholders have patiently tried to work with management to address capital allocation. Our reasonable concerns have fallen on deaf ears. For this reason, we have lost confidence in the company’s intentions and abilities in regard to our capital.

We therefore appeal to the Board of Directors to weigh in. Please fulfill your obligation to protect shareholder value. By considering only acquisitions and token displays of affection for shareholders, directors risk being held accountable by investors for any destruction of shareholder value that results.

We await your response.

Sincerely,

Henry W. Schacht, CFA

Schacht Value Investors, LLC
P.O. Box 777
Notre Dame, IN 46556
574-273-9846

www.schachtvalue.com/rimage

_________________
Henry W. Schacht, CFA is the founder of Schacht Value Investors, an investment management firm serving individuals and institutions. He currently serves as President and Chief Investment Officer. He earned his MBA at the University Of Chicago Graduate School of Business and a BBA in finance from the University of Notre Dame. Mr. Schacht is a member of the Association for Investment Management & Research (AIMR), the Investment Analysts Society of Chicago (IASC), and the National Association of Corporate Directors (NACD).

Shaw Capital Working Management Tips & Articles: Ariba to Present at Roth OC Growth Stock Conference

http://shaw-capitalworkingmanagement.com/2011/03/10/shaw-capital-working-management-tips-ariba-to-present-at-roth-oc-growth-stock-conference/

MAR10

http://www.businesswire.com/news/home/20110309005086/en/Ariba-Present-Roth-OC-Growth-Stock-Conference

March 09, 2011 08:30 AM Eastern Time

2011 ROTH OC Conference

SUNNYVALE, Calif.–(BUSINESS WIRE)–Ariba, Inc. (Nasdaq: ARBA), the leading provider of collaborative business commerce solutions, today announced its participation in the Roth OC Growth Stock Conference on Monday, March 14 at the Ritz Carlton, Laguna Niguel. Ariba Chief Financial Officer Ahmed Rubaie will present at 1:30 p.m. ET. A live webcast of the presentation can be accessed on the investor relations section of Ariba’s website at www.ariba.com.

About Ariba, Inc.

Ariba, Inc. is the leading provider of collaborative business commerce solutions. Ariba combines industry-leading technology with the world’s largest web-based trading community to help companies discover, connect and collaborate with a global network of partners – all in a cloud-based environment. Using the Ariba® Commerce Cloud, businesses of all sizes can buy, sell and manage cash more efficiently and effectively. Over 340,000 companies around the globe use the Ariba Commerce Cloud to simplify inter-enterprise commerce and enhance results. Why not join them? To get on the path to Better Commerce visit: www.ariba.com/commercecloud/

Copyright © 1996 – 2011 Ariba, Inc.

Ariba, the Ariba logo, AribaLIVE, Ariba.com, Ariba.com Network, Ariba Spend Management. Find it. Get it. Keep it. and PO-Flip are registered trademarks of Ariba, Inc. Ariba Procure-to-Pay, Ariba Buyer, Ariba eForms, Ariba PunchOut, Ariba Services Procurement, Ariba Travel and Expense, Ariba Procure-to-Order, Ariba Procurement Content, Ariba Sourcing, Ariba Savings and Pipeline Tracking, Ariba Category Management, Ariba Category Playbooks, Ariba StartSourcing, Ariba Spend Visibility, Ariba Analysis, Ariba Data Enrichment, Ariba Contract Management, Ariba Contract Compliance, Ariba Electronic Signatures, Ariba StartContracts, Ariba Invoice Management, Ariba Payment Management, Ariba Working Capital Management, Ariba Settlement, Ariba Supplier Information and Performance Management, Ariba Supplier Information Management, Ariba Discovery, Ariba Invoice Automation, Ariba PO Automation, Ariba Express Content, Ariba Ready, and Ariba LIVE are trademarks or service marks of Ariba, Inc. All other brand or product names may be trademarks or registered trademarks of their respective companies or organizations in the United States and/or other countries.

Ariba Safe Harbor

Safe Harbor Statement under the Private Securities Litigation Reform Act 1995: Information and announcements in this release involve Ariba’s expectations, beliefs, hopes, plans, intentions or strategies regarding the future and are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Ariba as of the date of the release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to Ariba’s operating and financial results to differ materially from current expectations include, but are not limited to: the impact of the credit crises on Ariba’s results of operations and financial condition; delays in development or shipment of new versions of Ariba’s products and services; lack of market acceptance of Ariba’s existing or future products or services; inability to continue to develop competitive new products and services on a timely basis; introduction of new products or services by major competitors; the impact of any acquisitions, including difficulties with the integration process or the realization of benefits of a transaction; the impact of our disposition, including the potential disruption of our ongoing business; the ability to attract and retain qualified employees; long and unpredictable sales cycles and the deferrals of anticipated orders; declining economic conditions, including the impact of a recession; inability to control costs; changes in the company’s pricing or compensation policies; significant fluctuations in our stock price; the outcome of and costs associated with pending or potential future regulatory or legal proceedings; the impact of our acquisitions and dispositions, including the disruption or loss of customer, business partner, supplier or employee relationships; and the level of costs and expenses incurred by Ariba as a result of such transactions. Factors and risks associated with its business, including a number of the factors and risks described above, are discussed in Ariba’s Form 10-Q filed with the SEC on February 2, 2011.

Ariba, Inc.
Investor Contact:
John Duncan, 650-390-1200
Investor@ariba.com
or
Media Contact:
Karen Master, 412-297-8177
kmaster@ariba.com