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Saturday, June 30, 2012
New Mayan text confirms December 2012 end for calendar (+video)
Researchers say that a newly discovered Mayan text confirms that December 21, 2012 was an important date for the classic Mesoamerican civilization. But they find no mention of any kind of doomsday.
A detailed look at the carvings on Block 5, found at La Corona in Guatemala. The carvings tell a political history of the city and its allies and enemies.
David Stuart
EnlargeA newly discovered Mayan text reveals the "end date" for the Mayan calendar, becoming only the second known document to do so. But unlike some modern people, ancient Maya did not expect the world to end on that date, researchers said.
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"This text talks about ancient political history rather than prophecy," Marcello Canuto, the director of Tulane University Middle America Research Institute, said in a statement. "This new evidence suggests that the 13 bak'tun date was an important calendrical event that would have been celebrated by the ancient Maya; however, they make no apocalyptic prophecies whatsoever regarding the date."
The Mayan Long Count calendar is divided into bak'tuns, or 144,000-day cycles that begin at the Maya creation date. The winter solstice of 2012 (Dec. 21) is the last day of the 13th bak'tun, marking what the Maya people would have seen as a full cycle of creation.
New Age believers and doomsday types have attributed great meaning to the Dec. 21, 2012 date, with some predicting an apocalypse and others some sort of profound global spiritual event. But only one archaeological reference to the 2012 date had ever been found, as an inscription on a monument dating back to around A.D. 669 in Tortuguero, Mexico. [End of the World? Top Doomsday Fears]
Now, researchers exploring the Mayan ruins of La Corona in Guatemala have unearthed a second reference. On a stairway block carved with hieroglyphs, archaeologists found a commemoration of a visit by Yuknoom Yich'aak K'ahk' of Calakmul, the most powerful Mayan ruler in his day. The king, also known as Jaguar Paw, suffered a terrible defeat in battle by the Kingdom of Tikal in 695.
Historians have long assumed that Jaguar Paw died or was captured in this battle. But the carvings proved them wrong. In fact, the king visited La Corona in A.D. 696, probably trying to shore up loyalty among his subjects in the wake of his defeat four years earlier. [See images of the carvings]
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Donovan McNabb still wants to play in NFL, says he?s looking at ?about three teams?
(Jonathan Newton / The Washington Post) Donovan McNabb says he isn?t done being a quarterback in the NFL.
Whether he?ll find a team that agrees with his assessment is another matter.
?I have about three teams that I?m looking at,? McNabb said, in an NBC SportsTalk interview Thursday.
He declined to name names, but says his checklist is ?a solid running game, weapons on the outside, a defense that?s been playing well and playing well together and that?s ready to win right now.?
(Hey, that sounds like Washington!)
Breaking sports news video. MLB, NFL, NBA, NHL highlights and more.
?I think teams are evaluating what they have. They are looking at their young quarterbacks, their backup situation. Obviously their starters they feel very confident in, but if things were to go wrong in training camp or maybe the competition isn?t where they need it to be, they would obviously pick up the phone and call,? he said. ?Being an older player, I am focusing on strengthening my body as well as my mind.?
McNabb estimated his chances of playing in the NFL at between ?80 and 90 percent? and, in May, he said he?s working out and losing weight. But given how things went with the Redskins and Minnesota Vikings, where he clearly was out of shape and out of sorts, maybe this isn?t the best idea.
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EFF Calls our Fearless Leader a ?Porn Troll? ? The Legal Satyricon ...
Frequently, both the Electronic Frontier Foundation and our good friend and Fearless Leader ?, Marc, are on the same side, fighting the good fight. Not at the moment.? They have filed a brief in support of a motion to dismiss a claim against an individual named Cary Tabora.? It is alleged that Cary?s roommate used Cary?s internet connection, with Cary?s knowledge, to download and then distribute a copyrighted video.? The copyright owner claims that Cary was negligent in permitting the roommate to violate the owner?s copyright.
Although our Fearless Leader ? is not noted on the docket, this is the second time the case was brought.? It is now in SDNY.? It was originally brought in SDCA by our Fearless Leader ?, but was dismissed for want of personal jurisdiction.? In arguing that a provider of internet services, whether a roommate or airport wifi, does not have a duty to prevent copyright infringement, EFF has referred to the copyright owner, and by extension our Fearless Leader ? as a ?Porn Troll?.
While there is nary a reference to ?Porn Troll? in the vernacular, one can only assume they mean ?Copyright Troll relative to Pornographic media?, but that is a mouthful.? I would beg to differ; Fearless Leader ? is not a Copyright Troll.? Typically, a Copyright Troll does not publish anything, like a Patent Troll; it merely seeks to extort rents.? See, Wikipedia Entry.? Here, the copyright owner does publish and distribute media.? This is not troll-like behavior.
It seems our Fearless Leader ? is alleging?an internet extension of prior law.? In Sony Corp. of Am. v. Universal City Studios, Inc., 464 U.S. 417 (1984), the VCR maker was not vicariously liable for infringement because it could not exercise meaningful control.? Could Tabora?? The Copyright Act excuses libraries from liability for use of their photocopiers (17 U.S.C. ? 108(f)(1))? one can assume by the inclusio unius principle that other photocopier owners are not immune from liability; is Tabora?s internet connection like a photocopier?
I don?t know enough of the facts of the case to decide whether or not EFF or Fearless Leader ? is in the right on this.? Read the Complaint for yourself.?This might be a good case, though, for a bright line to be drawn.? EFF might be a bit overdoing it, with a ?the sky is falling? mentality.? This appears to be a case about (if Tabora is telling the truth) the liability of a person for knowingly letting another person use their resources to violate copyright.? Tabora could be liable if he knew of infringement (or the likelihood) and controlled the means of infringement; an airport or restaurant likely won?t know what its customers are doing.
In the meantime, I?m hoping to get as much currency out of the new nickname as possible.
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Friday, June 29, 2012
Why Landmark Forum Is a Worthwhile Experience
Landmark education is one of the most amazing personal development programs you will ever come across. Since its inception, a number of people have participated in Landmark forum and there has been very excellent feedback from almost all participants of the Landmark forum. This feedback has proved the authenticity of Landmark education in spite of criticism from time to time. The seminars that are offered at Landmark education are beneficial for everyone who takes part, adding value to their personal and corporate lives. It does not matter the cultural background, value of this education fits into every specific context; little wonder the program has gained lots of popularity in many countries across the world.
If there is one thing that people want, it is a practical approach in dealing with the issues that they face in their lives. There are a lot of personal development programs that look very juicy and attractive but do not offer any practical help to seekers and leaves them still searching for a solution. The last thing you want is to get a lot of theories with no specific practical steps to apply directly to your life. The gist of Landmark education is the practical approach of the seminars and the sessions in general. There are a number of meaningful lessons that participants draw from the Landmark forum that literally transform their lives and become their life lessons.
When looking for a personal development program, it is very important to research and know what effect it has had on previous participants. Do not go for any personal development program you come across just for the sake of it. Care enough to know what previous participants have to say about the program. Were they impacted in some specific areas of their lives? Were their expectations met? For instance, as you look to enroll into Landmark education, read some feedback from previous participants and see for yourself what they have to say. It will amaze you to know what Landmark education has done for countless people across the globe. The Internet is awash with feedback from very satisfied participants of Landmark forum who are over the moon with joy as they utilize the principles and lessons learnt from Landmark education.
One distinct aspect of Landmark education is the long term impact of the lessons and skills learnt. If you have been wallowing in confusion as to what your goals are and how to achieve them, you will find the Landmark forum literally invaluable. If you have been struggling in the area of personal excellence, you will find just the right motivation for you to excel in different areas of your life. Landmark education is very consistent and helpful in terms of assurance of results. Training is conducted by very highly professional individuals who have accumulated a lot of knowledge and practical skills that will help you greatly. Everyone ought to make the best of their lives. For some, it comes almost automatically while others will need to be helped and motivated to reach their best. The Landmark forum offers a great impetus to the achievement of personal growth and development; try it out and experience it firsthand.
E Bagnold is the author of this article on Landmark Forum.
Find more information on Landmark Education here.
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3 Crucial Nutritional Supplements for Your Overall health
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Nutritional dietary supplements are an essential element to your overall health regardless of whether you are attempting to get into shape, reduce bodyweight, make muscle, ward off disease, or just making an attempt to lead a healthier lifestyle. However, the dietary supplement sector is chock complete of misleading hype and misinformation, creating it very perplexing for the common purchaser to locate out what health supplements are productive and very important. Here, we will summarize some of the fundamental vital nutritional health and fitness health supplements that would benefit most individuals. Nevertheless, continue to keep in mind that if you have certain demands or goals in mind, you may perhaps will need to do some more homework to come across which health supplements you want.
1. Multi-vitamin dietary supplements. This a person is fairly nicely acknowledged: most of us grew up taking our ?Flinstone?s nutritional vitamins.? On the other hand, as we enter adulthood, it looks that countless of us forget to take our day by day dose of vitamins. A good quality multi-vitamin can improve your physical and psychological vitality, your immune system, and aid you ward off illness and condition. Sure, we can get nutritional vitamins from our diets, but with our fast-paced and hectic lifestyles, virtually none of us do.
What Type Of Dietary supplements Can I Acquire At A Discount
With today?s obsession for well-being and fitness several people today have turned to dietary supplements to advance their health and fitness. There are vitamin, protein, carbohydrate, amino acid, and other physique making supplements on the market. Some consumers have gone so far as to substitute meals with health supplements. Let?s take the deliver the results supplement for its worth it implies to add or boost something and to replace it. Thus, we should not replace an whole meal as your body have to have authentic foods. You can use tablets, capsules and powders to exchange and occasional meal but do not deprive your system of genuine meals. True food deprivation for you entire body could not be healthier irrespective of how countless distinctive supplements you may well use. As an alternative, use the supplements to increase the flavor and the texture of the actual foods.
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Google Play hits 600,000 apps, 20 billion total installs
Google during its I/O keynote hit a symbolic milestone: it now has 600,000 apps in the Google Play Store. As well, the store is clearly hitting a brisk pace in adoption, with 1.5 billion downloads every month and 20 billion since Android began. Free apps are available in 190 countries, with paid apps in 132. The app and download counts stack up fairly well to Apple's own claims, although not universally: it's just short of the App Store's 650,000 apps, but Apple can still point to 30 billion total downloads. Google also hasn't said how many apps are explicitly tablet-friendly versus 225,000 iPad-oriented apps. Either way, Google can say that it has largely erased the app quantity deficit, and that's no mean feat.
Google Play hits 600,000 apps, 20 billion total installs originally appeared on Engadget on Wed, 27 Jun 2012 13:16:00 EDT. Please see our terms for use of feeds.
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Patriots owner wants an NFL team in London
9:41 a.m. EDT, June 28, 2012
New England Patriots owner Robert Kraft has taken his team to England for regular-season games, and he'd gladly do it every season.
Kraft isn't just talking about the once-a-year featured game in London. He said Wednesday the NFL is ready for a franchise based across the pond.
"I personally think we should have a franchise in London and that is something I am going to push for," Kraft said, according to Sky Sports, at a speaking engagement in England. "I think I said that the last time we were over here in 2009 and before this next decade is out, I hope we have a team here. I think that would be right for the NFL and this fan base has proven they deserve it."
The NFL schedules one regular-season game each year in England and there are plans to expand to two games per season. Kraft believes the time is right to expand even further, but assured New Englanders it won't be the Patriots.
"I think we're starting to tap out in the United States," Kraft said. "If you look at the last Super Bowl we were in this past season, we had over 180 million people watching -- that's almost two thirds of America. So for us to grow the game, we have to expand globally. Having seen the kind of support we have received here in London, it is the intention of the NFL owners to get two games here, starting next year."
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Thursday, June 28, 2012
Zynga plans to build a gamers' social network
SAN FRANCISCO (Reuters) - Zynga Inc unveiled a social network for gamers dubbed "Zynga with Friends" on Tuesday, hoping to wean itself from a longstanding, symbiotic relationship with Facebook Inc that has shaped two of Silicon Valley's closely watched Internet companies.
The game publisher, which has been under pressure to reverse a steep slide in stock price in recent months, said its new network will pair gamers with opponents and make features like player profiles, an activity stream and chat available for all users, regardless of whether they play Zynga games on mobile devices or on desktop computers.
Zynga with Friends is "one network, one unified experience, and one social lobby that will for the first time connect all of our players, no matter where they're playing," Manuel Bronstein, a senior Zynga executive, told reporters at a press event in the company's headquarters in San Francisco.
"The new social features and services are designed for the sole purpose of bringing more people to play together," Bronstein said.
Zynga will also provide programming tools to help third-party developers publish online and mobile games based on its own software, executives said, in order to foster a Zynga "ecosystem" that will expand its slate of titles beyond mainstays such as "Farmville" and "Zynga Poker."
Still, Zynga shares closed nearly 5 percent lower on Tuesday as investors saw little in the announcement - which included the planned social network, as well as a bevy of new game titles - to drive strong long-term growth.
The company announced "FarmVille 2," a sequel to its megahit resource management title, as well as "Matching with Friends," an addition to a suite of smartphone games that includes the popular "Words with Friends."
"One of the worries is that the whole idea of social gaming seems to be waning somewhat," said Paul Verna, a gaming analyst at eMarketer. "There doesn't seem to be a lot of growth left, and the idea of unveiling another Ville game or FarmVille 2 - I don't get the sense that's very exciting to the financial investors."
COZY PARTNERSHIP
Zynga's moves, while long expected, have stirred speculation around the future of its cozy partnership with Facebook, a company that owed 15 percent of its first quarter revenue to fees from Zynga. The two companies also confirmed recently that Facebook has begun showing ads from its inventory inside Zynga games, which are played by some 290 million people.
Meanwhile, Facebook's reach of close to 1 billion users has helped distribute Zynga's games and propel the publisher to a dominant position in the social gaming industry, but analysts have warned that Zynga needs to seek greater independence to sustain growth, especially as Facebook's expansion inevitably slows.
Colin Sebastian, an analyst at R. W. Baird, said the Zynga with Friends network "is a natural step in the right direction as they leverage their technology infrastructure and user base. On one hand it might help them become less dependent on Facebook, but from a practical perspective they will continue to remain dependent on Facebook for quite some time."
Asked to comment, Facebook issued a statement that betrayed no concern about Zynga's announcement. "It's exciting to see Zynga continue to build with Facebook across web and mobile platforms."
Responding to questions from reporters on Tuesday, Zynga executives took pains to stress that the expansion of its own social network did not threaten its existing relationship with Facebook.
"We've had a longstanding agreement with Facebook that we would do these kinds of things," said Reed Shaffner, Zynga's director of product. "In no way are we trying to use that to say you have to play on this platform."
"The idea is that we'll help you find the best gaming friends anywhere you play," he added.
Executives said the platform could potentially have as many as 290 million users with some 2.8 billion daily social interactions once it is rolled out, although a launch date was not specified.
TARGETING MOBILE
Zynga acknowledged on Tuesday that it is also trying to boost mobile usage, targeting a small but faster-growing wireless device gaming market that is quickly becoming a crucial battleground for so-called casual or social gaming.
To bolster its mobile offerings, Zynga purchased New York-based game developer OMGPOP for $183 million in March.
The company said Tuesday it will also team up with Atari SA to develop games, but did not elaborate.
Zynga executives said they will provide developers a set of "application programming interfaces" - APIs - to make it easier for them to craft games using Zynga's software.
"We're opening our doors today and opening Zynga Partners for Mobile. We are inviting developers from all over the world to come and join our network," said David Ko, chief mobile officer.
Zynga wants to create an ecosystem with "best-in-class mobile developers and best-in-class mobile games," Ko said.
The company also announced new titles including ChefVille, a kitchen management game, and The Ville, a game resembling "The Sims" that allows users to build homes and dress their avatars to interact and pursue romantic relationships with other users.
Even so, analysts said Zynga, facing mounting scrutiny from investors, may need to look beyond its familiar repertoire to attract new gamers and keep existing ones hooked.
"One area where they may have disappointed people is, they are not showing any games in development that target a more core gamer, or so-called mid-core gamer," said Sebastian, the Baird analyst. "That's something where we've seen a lot of growth for Facebook, and that's potentially a missed opportunity for Zynga."
(Editing by Edwin Chan, Tim Dobbyn and Andre Grenon)
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Nora Ephron: Justin Timberlake, Steve Martin Pay Tribute
Bette Midler, Kirstie Alley, Albert Brooks, Ron Howard and more also remember the late writer/director.
By Kara Warner
Nora Ephron
Photo:
Nora Ephron's untimely death Tuesday continues to dominate entertainment news via countless tributes and love letters posted online. There has also been an emotionally charged outpouring of love and respect from celebrities whose lives were influenced and affected by the late Academy Award-nominated screenwriter, director and playwright.
"She was the one you wanted to read, to listen to, to be in the company of. Nora Ephron. Incomparable wit; delightful friend. Sadness reigns," tweeted Steve Martin, who worked with Ephron on "Mixed Nuts."
"R.I.P. Nora Ephron... Funny, charming, witty, full of heart, and one of the greatest who put it all down in timeless, quotable classics," singer/actor Justin Timberlake added.
Timberlake's fiancée, Jessica Biel, tweeted: "Nora Ephron...thank you for your ground breaking contributions for women in the film industry. You have truly paved the way. With respect..."
"Nora Ephron was devastatingly funny, extremely witty, and was ALWAYS one of the kindest people I have ever met," wrote Colin Hanks, whose father, Tom Hanks, appeared in two of Ephron's most famous films, "Sleepless in Seattle" and "You've Got Mail."
"Nora Ephron. The Hostess with the Mostest on the Ball," Bette Midler wrote. "A brilliant soul, and we will all miss her so...."
Ephron's fellow writers/directors, Albert Brooks and Ron Howard, shared their memories of the late legend. "R.I.P Nora Ephron. A witty, charming, lovely person," Brooks tweeted, while Howard added: "RIP Nora Ephron brilliant gracious and FUNNY."
"You can settle for reality, or you can go off, like a fool, and dream another dream. ... Oh Jeez... you will be missed..RIP XO," Kirstie Alley wrote. "Auditioned for Nora Ephron 20 yrs ago," Kevin Nealon chimed in. "Didn't get the part but she sent me a thank you note. I'll always remember that and you, Nora."
Share your condolences for Ephron's family and friends in the comments below.
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Lab-on-a-chip detects trace levels of toxic vapors in homes near Utah Air Force Base
ScienceDaily (June 26, 2012) ? A lab-on-a-chip technology that measures trace amounts of air contaminants in homes was successfully field-tested by researchers at the University of Michigan.
Even in the presence of 50 other indoor air contaminants, the U-M-built microsystem found levels of the targeted contaminant so low that it would be analogous to finding a particular silver dollar in a roll stretching from Detroit to Salt Lake City.
"This is the first (known) study of its kind," said Ted Zellers, professor in the U-M School of Public Health and the Department of Chemistry, and project director.
"Most lab-on-a-chip technologies are used for biomedical analysis of liquids," Zellers said. "Our technology is designed for monitoring contaminants in the air, and this groundbreaking study is the first to prove that it can work outside the laboratory in real-life applications."
The applications are potentially limitless because the device, called a microfabricated gas chromatograph, can be tailored to detect any contaminants, Zellers said. For instance, the team is adapting the same technology to detect certain industrial chemicals in the breath and saliva of exposed workers, biomarkers of cancer and other chronic disease, and markers of explosives for airport screening applications.
The Department of Defense contracted the U-M team to adapt and test two prototypes devices in homes near Utah's Hill Air Force Base to measure indoor concentrations of trichloroethylene, or TCE. TCE was used on military bases until the 1970s, and improper disposal caused TCE to become a pervasive groundwater contaminant that can seep into homes above plumes.
"The core microfabricated silicon chips, when stacked, are roughly the size of a wristwatch," Zellers said. They require less power and can be made smaller and less expensively than traditionally manufactured counterparts.
The microsystem was designed and built by faculty and students affiliated with the Center for Wireless Integrated MicroSensing and Systems in the College of Engineering.
Zellers said the group is currently negotiating with several companies interested in commercializing the technology.
A series of articles describing the results appeared this month in the journal Environmental Science & Technology.?
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The above story is reprinted from materials provided by University of Michigan. The original article was written by Laura Bailey.
Note: Materials may be edited for content and length. For further information, please contact the source cited above.
Journal Reference:
- Sun Kyu Kim, David R. Burris, Jonathan Bryant-Genevier, Kyle A. Gorder, Erik M. Dettenmaier, Edward T. Zellers. Microfabricated Gas Chromatograph for On-Site Determinations of TCE in Indoor Air Arising from Vapor Intrusion. 2. Spatial/Temporal Monitoring. Environmental Science & Technology, 2012; : 120522112558007 DOI: 10.1021/es204625w
Note: If no author is given, the source is cited instead.
Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.
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Wednesday, June 27, 2012
How to purchase a Reputed Search engine optimization company ...
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Hatch ready to take Utah primary -- will other incumbents follow?
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Tuesday, June 26, 2012
Smallest and largest fetuses at greater risk of being stillborn, research finds
ScienceDaily (June 25, 2012) ? The tiniest and the heaviest fetuses are at much higher risk of being stillborn than those of average weight, new research has found.
Fetuses who are "severely small for gestational age," or weigh below the bottom one percentile of all fetuses, disproportionately account for about six per cent of all stillbirths, according to researchers at St. Michael's Hospital.
Fetuses that are "severely large for gestational age," or weigh above the 99th percentile, account for nearly one per cent of stillbirths. "In this study of all registered liveborn and stillborn infants in Ontario, extreme underweight and overweight states confer the highest risk of stillbirth," said Drs. Joel Ray and Marcelo Urquia, authors of the paper that appears in the current issue of the Journal of Perinatology.
Stillbirth is traditionally defined as the death of a fetus at more than 23 weeks of gestation weighing 500 grams or more. However, Drs. Ray and Urquia included babies born starting as early as 20 weeks of gestation on the grounds that maternal-fetal bonding is well established at that point, since most mothers-to-be have undergone a Level 2 ultrasound detailing the unborn baby's developing bones and organs.
Including those babies provides new information about the degree to which low and high weights are associated with stillbirths, including those before the point of viability, Dr. Ray said. That, in turn, may help doctors better decide at which time point it is better to allow a pregnancy to continue so the fetus can grow, or to deliver a premature baby who might otherwise die in the womb.
The rate of stillbirths in industrialized countries is about six per 1,000, of which half occur after 27 weeks of gestation. In poorer countries, the rate is up to five times higher. Stillbirths are more common than the death of a baby after birth, such as from prematurity or as a result of Sudden Infant Death Syndrome. Yet, stillbirths have largely been ignored by our society, especially in terms of their emotional effect on the mother, her partner and extended family, Dr. Ray said.
The researchers examined records of all 767,016 live births and all 4,697 stillbirths in Ontario between 2002 and 2007. They said that because they looked at so many births, they could also make statistically precise estimations of the impact of extremely low birthweight on the risk of stillbirth.
They found that 19 per cent of stillbirths occur in fetuses under the tenth percentile of weight. But being below the first percentile of weight meant the fetus faced a 9.5 times higher risk of being stillborn than babies who are within the average weight range, between the 40th to 60th weight percentiles.
Dr. Ray said that when fetuses are severely small for gestational age, it usually means there is a problem with the placenta. Fetuses who are severely large for gestational age generally so because of the mom having diabetes or obesity.
The authors conclude that since more than 95 per cent of women in the industrialized world receive a Level 2 anatomical ultrasound before 22 weeks gestation, fetal weight should be estimated and reported at this time of the ultrasound, as a standard practice. In doing so, the early presence of a small or large fetus may help guide ongoing ultrasound surveillance for growth and well-being.
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Story Source:
The above story is reprinted from materials provided by St. Michael's Hospital. The original article was written by Leslie Shepherd.
Note: Materials may be edited for content and length. For further information, please contact the source cited above.
Journal Reference:
- J G Ray, M L Urquia. Risk of stillbirth at extremes of birth weight between 20 to 41 weeks gestation. Journal of Perinatology, 2012; DOI: 10.1038/jp.2012.60
Note: If no author is given, the source is cited instead.
Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.
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June 25, 2012 ? 10:15 am
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Philip Morris International: A Dividend Stock Best Avoided | The ...
Nothing is more detrimental to the long-term viability of an investment theme than its own success.? In the often circular logic that defines the market, profitable trades can only remain so as long as they are unpopular.? Once they are embraced by the investing public, prices have generally risen to a point that would make the trade unattractive to its original value-focused adherents.
It is thus with great sadness that I must recommend readers sell their shares of Philip Morris International (NYSE: $PM).? At current prices, this is a dividend stock best avoided.
When Altria (NYSE:$MO) spun off its international tobacco businesses and formed Philip Morris International in 2008, it was about as close as you could get to the perfect stock.? You had all of the standard bullish arguments for tobacco?recession-resistant demand, an addicted customer base, low marketing costs, high cash flows, etc.?but without the threat of crippling lawsuits from the U.S. tort system.
Philip Morris International was also uniquely positioned to take advantage of rising incomes in the developed world.? As consumers in key emerging markets such as China traded up from lower-quality domestic brands, the maker of Marlboro was uniquely positioned to benefit, and still is.
And finally?and perhaps most importantly?Philip Morris International was a dividend-producing powerhouse at a time when decent yields were hard to come by.?
It was the convergence of all of my favorite investment themes in one stock: a high-dividend sin stock with emerging market growth and brand cachet!
But no matter how great an investment looks, your long-term success is ultimately dependent on the price you pay. ?And the reason that tobacco stocks have been such great wealth-creation vehicles in recent decades is because they have been perpetually priced as high-dividend value stocks (see ?The Price of Sin?).
Let?s face it.? Tobacco is not a growth industry, not even in most emerging markets.? While smoking remains popular in many, market penetration hit the high-water mark a long time ago.? And as health awareness rises with incomes, the best the industry can hope for is gentle decline.
Knowing this, long-term investors tend to by tobacco stocks for one and only reason?the high dividends they offer.
Yet consider how Philip Morris International?s dividend stacks up with other consumer-oriented companies with large footprints in emerging markets.
| Company | Ticker | Dividend Yield | Forward P/E |
| Johnson & Johnson | JNJ | 3.7% | 12.1 |
| Philip Morris?International | PM | 3.6% | 14.8 |
| Procter?& Gamble | PG | 3.8% | 15.1 |
| Unilever | UL | 3.9% | 13.7 |
?At current prices, investors can get a higher dividend yield in Johnson & Johnson (NYSE:$JNJ), Procter & Gamble (NYSE:$PG) and Unilever (NYSE:$UL), and Philip Morris International trades at a higher P/E ratio than all but Procter & Gamble.? And while each of these three examples has had its share of problems in recent years, the longer-term prospects for all are vastly superior to those for Philip Morris International.
Let me put it to you like this: 50 years from now, I suspect that Philip Morris International will still be selling plenty of cigarettes.? But I?m betting that Johnson & Johnson, Procter & Gamble, and Unilever are selling a lot more Band-Aids, razor blades, and shower gel, respectively.? I?m grossly oversimplifying the businesses of all three of these companies, but my point stands: Philip Morris International is only attractive if it is priced at a significant discount to mainstream consumer products companies like the ones mentioned in this article.
This condition does not hold today, which is why I must regrettably make Philip Morris International a ?sell.??
Investors looking for income these days still have plenty of decent options, even if reliable choices from years past are no longer as attractive as they might been. ?Many oil and gas master limited partnerships offer attractive yields, as do select specialty REITs.? Telecom and utilities stocks are also attractive.? But at current prices, investors might find Philip Morris International?s stock as dangerous as its products.
Disclosures: Sizemore Capital is long MO, PG, JNJ and UL
If you liked this article, consider getting Sizemore Insights via E-mail.
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Camps
Neenah-Menasha YMCA is having a baseball/softball camp for grades 3-5 and grades 5-7 starting Monday at the Shattuck Middle School fields. Fees are $33 for YMCA members and $48 for the general public. A flag football camp is offered the week of June 18-21 at Shattuck and a basketball camp is the week of June 25-28 at the YMCA in the Miron Gym. Register online at www.ymcafoxcities.org or contact Colin Specht at 920-886-2103 or cspecht@ymcafoxcities.org.
Football
The Appleton West Youth Football Camp for students entering grades 3-9 will be held June 11-14 @ Wilson Middle School from 9-11 am. The cost for the camp is $45.00 and includes a camp t-shirt. Walk-ups are welcome. The Appleton West Team Camp will be held June 11-14 @ Einstein Middle School. The Team Camp will be conducted from 4-5:30 pm. This camp is open to all AW Students entering grades 9-12.
Neenah-Menasha YMCA is having registration for tackle football leagues on Wednesday from 6 to 8 pm, Thursday from 6 to 8 pm and Tuesday, June 19, from 4 to 6 pm at the Neenah-Menasha YMCA. There will be leagues for grades 3-4, grade 5 and grade 6. Games are on Saturday mornings at Shattuck Middle School in Neenah and at Maplewood Middle School in Menasha. Games will run from Sept. 8 to Oct. 20. Practices will begin Aug. 16. The grades 3-4 instructional league will play eight-on-eight games. The older leagues will play 11-on-11. Registration cost per player is $109 for YMCA members and $129 for the general public, plus the $40 candy bars fundraiser. Players must be present for registration. For more information, contact Randy Pelischek at 920-886-2104 or rpelischek@ymcafoxcities.org.
Running
The Summer Fun Run Series will be held today, June 24 and July 15 at Kimberly High School. The series is a cross country run through trails, fields and hills on a one-mile course or two-mile course. All abilities and ages are welcome. There is no cost. Registration begins at 6 pm and running starts at 6:30. The event is sponsored by the Kimberly Area Running Club. Ribbons will be given to all finishers and T-shirts to runners who finish runs on all three dates. For more information, email Jason at jjansen883@gmail.com.
Soccer
FC Menasha Soccer tryouts have been announed. For information on dates and times, check out www.fcmenasha.org.
Triathlon
Neenah-Menasha YMCA is sponsoring the Fremont Triathlon held at Hahn-A Lula Resort in Fremont on Saturday, July 21. Check-in is from 7 to 7:45 am and the race begins at 8 am There are age divisions from 10 years old to 80 and older. The fee is $42 until July 2 and $47 after. The fee includes a T-shirt, door prizes, awards and lunch. Register online at Active.com or contact Kelli Briski at 920-886-2132 or kbriski@ymcafoxcities.org.
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Science of slinkys explained with slow-mo video
10 hrs.
Dangle a slinky off the roof of a building until it is fully extended, then let go and notice something odd: The bottom will hover in mid-air long enough to make even the casual observer to go, ?huh?? Thankfully, scientists have taken it upon themselves to explain this strangeness.
And they?ve done it with the help of high-speed video so that we can watch the suspended, collapsing spring in super slow motion.
Mike Wheatland from Australia?s University of Sydney explains in the video below?that when you let go of the slinky at the top, ?there?s a finite time for that information (i.e. signal) about that change to get to the bottom of the slinky.??
Until the bottom of the slinky gets the message, it just hangs there oblivious to the change happening form above. Hence, the hovering effect.?
For a bit more technical explanation, check out the explanation at io9. You can also geek out to the physics of slinkys by reading this paper on arXiv by Bill Unruh, a physics professor at the University of British Columbia.
Of course, you can also stare at the slinky and let time slip away one collapsed coil at a time.
--via io9
John Roach is a contributing writer for msnbc.com. To learn more about him, check out his website and follow him on Twitter. For more of our Future of Technology series, watch the featured video below.
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