Brunswick's 3Q net down 57 pct amid restructuring

LAKE FOREST, Ill. (AP) ? Boat and sporting-goods maker Brunswick Corp. posted a 57 percent drop in third-quarter earnings Thursday as large restructuring and other charges limited its gain.

The company said net earnings for the July-through-September period were $2 million, or 2 cents per share. That was down from $4.7 million, or 5 cents per share, a year earlier.

Revenue edged up 1 percent to $884.8 million from $876.7 million despite a 19 percent drop in sales in Europe.

Analysts polled by FactSet were expecting earnings of 2 cents per share on revenue of $936.7 million.

The results included $28.2 million of restructuring, exit and impairment charges, just over double the amount from a year ago, as the Lake Forest, Ill.-based continues to reshape itself to reflect weakened demand. Boat and boat part makers were hit particularly hard during the recession, when people cut back on big-ticket purchases.

The bright spot in the third quarter was the division containing its marine parts and accessories businesses, which posted an 11 percent increase in sales to $503.5 million.

The company's 18-brand boat group saw sales decline 7 percent to $205.8 million in the quarter.

Also reporting lower sales were its fitness equipment unit, down 3 percent, and bowling and billiards unit, down 6 percent.

"As we continue to execute our strategic growth initiatives, as well as focus on cost reductions and operating efficiencies throughout our organization, we expect to be able to demonstrate improved sales and operating earnings during the final quarter of the year as compared to 2011, resulting in strong full-year earnings growth," CEO Dustan McCoy said in a statement.

Brunswick shares increased $1.99, or 9.4 percent, to $23.23 in afternoon trading.

Source: http://news.yahoo.com/brunswicks-3q-net-down-57-pct-amid-restructuring-180558847--finance.html

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A water spout ? a tornado over the ocean ? was seen this morning near Crescent C...

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Source: http://www.facebook.com/MendocinoBeacon/posts/428066107254542

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Raleigh Home Remodeling ? Remodeling Your Kitchen The Easy Way

Posted by :admin On : October 24, 2012

Before embarking on a home remodeling project, it is important that all plans are well-thought out to ensure success. For kitchen remodeling, floor plans need to be drawn out and that task involves figuring out where cabinets and appliances will placed. First of all, you would need decide on how you would like the kitchen to be used. Some homeowners prefer their kitchens to serve only one purpose and that is as a place to cook the food that will be served on the table. However, there are some that want their kitchens to also have an eating area. When planning out your Raleigh home remodeling project, make sure to decide on how you would want each room to be used so you can make arrangements accordingly. The next thing that you would need to decide on for your kitchen are the cabinets.

For this aspect, you need to assess the condition of your existing cabinets so you can gauge whether they need replacing or if a fresh coat of paint will do. If you want to replace your cabinets, make sure to choose high quality materials so you can be assured of their lifespan. Since you are already spending for your kitchen remodeling Raleigh project, make sure that it will be worth it by not compromising the quality of the materials just so you can save on costs. Lastly, hire a contractor that you can trust. Before deciding on which company to hire, conduct a background check and ask for recommendations from family and friends so you won?t get ripped off from labor costs.

Source: http://www.bobsrodandtackle.com/home-improvement/raleigh-home-remodeling-remodeling-your-kitchen-the-easy-way

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Efficient Services By Web Development Ireland Companies

Miscellaneous Written by Anonymous ??Tuesday, 23 October 2012 06:33 The websites offer as a means for the online audience to interact with the companies. Hence, the web development is given importance as a functional website plays a central role in the growth and success of the online business. The expertise of the web development Ireland is popular among online buinesses worldwide. Ireland is home to several web development companies who have the proficiency to create reliable and impressive business websites. The companies in Ireland are very result-oriented and make sure that the web related solutions they provide are suitable for the clients??? business requirements.

Ireland offers world-class educational systems and many colleges offer dedicated courses in the field of computers. The web development companies employ qualified engineers, software developers, and system architects who are familiar with the current web standards and the technological updates. This enables them to develop websites that offer a wide range of functionalities and features. Such websites are also easily accessible and reliable, and so help the companies achieve their business goals and targets. The companies also focus on different aspects of the web development process such as client side and server side scripting, coding, and security configurations.

The companies in Ireland also provide their expert services in the field of web designing as well. The web design Ireland companies make use of the latest design software and editor tools to plan and design innovative appearances for the websites. The visually stunning websites can draw the attention of the online audience. Such websites stand out from the competition in terms of presentation and visual aspects. These web designing companies focus on the various visual elements of the website and make sure that the look and feel of the website is relevant to the nature of business of the company.

The web designers Ireland are very professional and take great efforts to complete the projects within the stipulated time. The designers ensure that the web pages load properly, so that the online users do not face any issue when accessing the web application. They organize the web pages in the logical order, which adds to the overall quality of the website. This helps the audience in viewing and navigating through the website easily. The web designing and development firms also offer their dedicated solutions in the field of SEO aspects of the website. They plan and organize various SEO strategies that can help the websites support the search engine crawlers efficiently. This can help in enhancing the popularity of the business website.

The author is an experienced Content writer and publisher for Business Development. Visit at http://www.themarketingpod.ie/ to know more about Web Design Ireland, Web Designers Ireland and Web Development Ireland.

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Last Updated on Tuesday, 23 October 2012 06:33

Source: http://www.workoninternet.com/business/reviews/miscellaneous/219460-article.html

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Scutaro named MVP? |? Award makes it 'special'

Who else were you expecting?

The Giants defeated the Cardinals 9-0 in Game 7 of the NLCS tonight and the MVP of the series was a pretty easy call.

Marco Scutaro, who managed to stay in the lineup after Matt Holliday?s takeout slide in Game 2, was named the MVP after hitting a scorching .500 (14-for-28) with three doubles, two RBI, two walks and five runs scored during the series. His 14 hits tie him with Hideki Matsui (2004), Albert Pujols (2004) and Kevin Youkilis (2007) for the LCS record.

Scutaro went 3-for-4 with a walk and a run scored in Game 7 tonight. Catching the final out of the ballgame ? a pop-up off the bat of Holliday, appropriately enough ? on a soaking wet infield at AT&T Park was just icing on the cake.

Referred to as ?The Blockbuster? by his Giants? teammates for his excellent play since coming over from the Rockies in July, Scutaro has a 10-game hitting streak during the postseason.

Source: http://hardballtalk.nbcsports.com/2012/10/23/marco-scutaro-named-nlcs-mvp/related

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With 60,000 dead, Mexicans wonder why drug war didn't make the debate

Mitt Romney?s single mention of Latin America last night, calling it a ?huge opportunity" for the United States, generated immediate glee from Latin Americanists across Twitter ? but the hemisphere got no nod from President Obama, and then both went silent on the topic.

Given that the final presidential debate Monday evening was dominated by the Middle East and terrorism, most of the world was left out by President Obama and Mr. Romney. That includes the whole of Europe and its debt crisis. India. South Africa. And not a single mention of any country in Latin America or the Caribbean: neither Cuba specifically, Mexico, Brazil, Colombia, nor Peru. (Read a transcript here.)

That means no candidate talked about the drug trade, despite historic violence playing out in Mexico, much of it along the 2,000-mile border that the US shares. They did not talk about energy policy in the Americas. Or the economies of Brazil and Mexico.

Think you know Latin America? Take our geography quiz.

The debate opened with promise for Latin America ? with moderator Bob Schieffer referring to the 50th anniversary of the disclosure that the Soviet Union had missiles in Cuba. But he did not pose a question about it or anything else in the region, which observers say was a clear missed opportunity ? even if hardly surprising.

?In a broader foreign policy context, we have to begin to mainstream the Americas,? says Eric Farnsworth, vice president of the Council of the Americas, a consultancy based in New York. ?Brazil is an important international player, not just a Latin American player.? Latin America is of rising importance in the world, [we should have been hearing how the candidates] would work with Brazils, and Mexicos, and Colombias.?

Romney mentioned Latin America in the context of how to boost employment at home. ?Trade grows about 12 percent year. It doubles about every ? every five or so years. We can do better than that, particularly in Latin America,? he said. ?The opportunities for us in Latin America we have just not taken advantage of fully. As a matter of fact, Latin America's economy is almost as big as the economy of China. We're all focused on China. Latin America is a huge opportunity for us ? time zone, language opportunities.?

But Obama did not respond. And the only other mention of the region came once again from Romney, who mentioned Venezuela?s President Hugo Chavez and Cuba?s Fidel Castro as part of a list of the world?s ?worst actors? whom Obama has failed to meet with, he said, despite promises to do so.

Obama has remained popular across Latin America and is favored among Hispanic voters in the US. But some of that support abroad has slipped. In a Pew poll released in June, 39 percent of Mexicans said they approved of Obama?s international policies. That fell from 56 percent in 2009. (Here is the poll.)

Much of that slide could be pegged to record deportations of undocumented immigrants under Obama, although in a huge move this year he gave a reprieve to many undocumented migrants who were brought to the US as children.

While immigration is the topic that Latin America perhaps cares most about, few expected the politically charged issue to feature at the presidential debate. Still, there was hope that the growing role that places such as Brazil and Colombia play in the energy sector would be mentioned. And if nothing else, the drug-fueled violence plaguing Mexico and Central America right now.

Mexican journalist Leon Krauze wrote in a widely shared Tweet: ?Mexico, a country facing 100,000 deaths, neighbor to the United States, didn't deserve one single mention tonight. A disgrace.?

Mexican academic Sergio Aguayo added, using a more commonly cited figure for Mexican deaths: ?They talk about a humanitarian tragedy in Syria (30,000 deaths) and still don?t say anything about Mex (some 60,000). Will they??

They did not. When asked what the greatest future security threat was to the US, no one mentioned Mexico. Obama cited ?terrorist networks,? while Romney mentioned a ?nuclear Iran.?

Latin American observers were just as befuddled as those in Latin America. ?As George W. Bush rightly said, Mexico is the US's most important bilateral relationship. A presidential debate should focus on whether the United States is doing enough ??? ?and doing the right things ? to assist Mexico [and Central America] deal with its drug-fueled crime and violence,? says Michael Shifter, president of the Inter-American Dialogue. ?If the US is not prepared to do everything possible to stand up for its closest neighbors and allies, then how could it have a credible foreign policy more broadly??

RELATED: How much do you know about Mexico? Take our quiz!

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Source: http://news.yahoo.com/60-000-dead-mexicans-wonder-why-drug-war-141857504.html

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Who Keeps the Data on Third-Party Cloud Services? | JETLaw ...

It wasn?t long after the inception of AOL when email scammers fired up their own computers and began preying on unsuspecting recipients. Back then we all thought that any piece of email which found its way into our cyber mailbox must be legitimate and meant for our eyes only. Little did we know that the scammers and hackers were engaged in a full on assault of our private accounts. Hopefully by now we?ve become a lot smarter with how we use the internet.

As someone who uses the internet for their daily business operations, you have to be even more diligent with regard to security issues. This is especially relevant as we enter into the era of cloud data storage.

The cloud is a type of off site server that allows individuals and companies to store amazing amounts of data for easy access. It?s meant to be a secure system but as we all know there is no such thing as complete security in cyberspace.

Even Dropbox, one of the most reputable and diligent cloud services, found itself the recent victim of a hacking assault. Before you ascend to the cloud you need to consider the ramifications of who really owns your data and what happens to it once you ?let it go.??

The Issue of Ownership

In the cloud, your data and your company?s data could be facing those same kinds of third party intrusions. You need to make sure that the cloud vendor you intend on using won?t be ?opening up the vaults? and sharing your valuable information with outside entities.

One way to mitigate any potential intrusion would be to have it stipulated in a contract the identity of any third party outsourcing entity. It follows then that the third party should also abide by the level of security precautions put into place by the original cloud vendor. Don?t leave something like this to chance or have it get lost in the fine print.

You should also be on the lookout for mergers and acquisitions in the cloud vending community. Companies are being bought, sold and traded at a rapid pace and you need to protect your company?s interests. Computerworld, a leading source of IT information, recommends contract language to protect your data if your vendor is bought by another company. Here is an example of such language suggested by Computerworld:

ASSIGNMENT. This Agreement shall be binding on the parties and their successors (through merger, acquisition or other process) and permitted assigns. Neither party may assign, delegate or otherwise transfer its obligations or rights under this Agreement to a Third Party without the prior written consent of the other party.

The other issue of ownership in the cloud is with regard to copyright. The file-sharing service Megaupload found out about this the hard way when their service was taken offline because of copyright infringements. It turns out some of their users were uploading pirated materials. The result is that everything was shut down in that cloud and the law abiding users found access to their data was blocked. Will your cloud vendor have the ability to filter out copyrighted materials? Can they isolate accounts that might be infringing?

The Issue of Security

No matter what cloud service you are using there is no such thing as complete security. You need to embrace that concept and understand what it means. Recently, 77 million users on the Sony Playstation network found that they were the victim of security breaches when their personal information was hacked and compromised. There is no telling where this information will end up but none of those users was expecting their privacy to be violated from playing a game online and yet that?s just what happened.

Fortunately for Sony this didn?t result in 77 million customers turning in their Playstations but your business reputation is online and ultimately the buck will stop with you. Are you prepared to handle that kind of negative impact on your company?s reputation?

The Issue of Legal Jurisdiction

There is also the consideration of government accessibility. A cloud vendor based in the United States might have to comply with a Patriot Act request for data even if that data is technically stored in a server in Europe or elsewhere. Do you want to be vulnerable to such an inquiry?

At the heart of the cloud legal jurisdiction issue is location. Is your data subject to the laws of U.S. privacy or of the laws where your cloud server is located? Believe it or not this isn?t a matter which has been resolved and might be a case of technology getting out in front of the legal system. A contract with a cloud vendor should designate which body of law will govern the data. That could be a very broad category.

When you control the data in-house then you?ll be able to directly attend to any subpoena request. On the other hand, a cloud vendor could be compelled to surrender that data to a third party without your consent. This is why you should add strict notification clauses in your contract along with limiting the disclosure of your data within the bounds of the governing laws.

The Issue of Compliance

With every new advance comes a new set of regulations. In a consumer based society, it?s important that customers have protections. As someone who is maintaining an online presence for their business you need to make sure those third party hosting sites are in compliance. Although it might seem that the cloud floats over everything, in reality cloud sites are specific to region. Case in point: the Eurozone. The EU Data Protection Act was created to insure residents of the Eurozone that there would be some level of security for their private information. Translation: all that personal information has to be stored within the European Union. To be in compliance means your cloud vender might have to operate in multiple sites. Do you even know where you company servers are actually located?

Have you been scared off of cloud technology yet? Even with all those risk factors, businesses are turning towards cloud technology everyday to improve their efficiency. It?s a low cost alternative to data storage that fits in nicely with the demand of instant access from many devices. However, just because businesses are jumping on the cloud bandwagon doesn?t guarantee safeguards will be fully implemented on every vendor.

Of course, many of the same risks associated with cloud usage can be attributed to internet use in general. We use third party vendors for nearly every aspect of internet use not to mention the basics of power and water. With your company?s reputation at stake you have to be extra diligent whenever you surrender data. Bottom line: Proceed to the cloud with caution.

? Alex Chadwick

Alex Chadwick is a freelance writer specializing in information technology and business topics. He is also an IT professional at?Allcovered.com, providing real-world experience that allows him to cut through the hype and address topics that are relevant in the business world.

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Source: http://www.jetlaw.org/?p=13271

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