Showing posts with label falls. Show all posts
Showing posts with label falls. Show all posts

Monday, March 24, 2014

Sioux Falls: New Refugees Learn How to Live in Apartments without Damaging Them

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Sioux Falls: New Refugees Learn How to Live in Apartments without Damaging Them

Tuesday, January 21, 2014

IBM revenue falls short of expectations, shares fall


Visitors walk past the IBM booth at the 9th China International Software Product & Information Service Expo in Nanjing, Jiangsu province September 6, 2013.


Credit: Reuters/China Daily




Reuters: Top News



IBM revenue falls short of expectations, shares fall

Saturday, December 14, 2013

Toddler Falls From Window, Is Caught by Passing Man


(Newser) – A 23-month-old boy fell from a second-floor window in Italy last week, but fortunately for him, Luigi Barbanera was passing by at the exact right moment. Barbanera, a former goalkeeper and current penitentiary officer, saw the toddler learning over the ledge and quickly positioned himself underneath, the Huffington Post reports, citing local media. Neighbors and passers-by contacted police and tried to tell the boy to stay on the ledge, the Local reports, but he eventually fell—and was caught by Barbanera. Both were knocked to the ground, but amazingly, Barbanera’s body cushioned the tot’s fall and neither was injured. The boy’s mother had left him sleeping for a few minutes while she hung up laundry.




World from Newser



Toddler Falls From Window, Is Caught by Passing Man

Wednesday, November 13, 2013

US budget deficit falls 24 percent in October

US budget deficit falls 24 percent in October

WASHINGTON (AP) — The partial government shutdown and steep federal spending cuts helped lower the U.S. federal deficit last month, signaling more improvement in the government’s finances.
Business Headlines



Read more about US budget deficit falls 24 percent in October and other interesting subjects concerning Economy at TheDailyNewsReport.com

Monday, November 11, 2013

UPDATE 1-UniCredit profit falls 40 pct in "challenging" quarter

UPDATE 1-UniCredit profit falls 40 pct in "challenging" quarter
http://currenteconomictrendsandnews.com/wp-content/uploads/2013/11/06576__p-89EKCgBk8MZdE.gif




Mon Nov 11, 2013 12:45pm EST



(Adds details from statement)


* Q3 net bang in line with bank-provided consensus


* Q3 loan loss provisions at 1.6 billion euros


* Basel III-compliant capital ratio 9.83 percent


MILAN, Nov 11 (Reuters) – Net profit at UniCredit, Italy’s No.1 bank by assets, fell 40 percent in the third quarter to 204 million euros ($ 274 million), buoyed by the sale of insurance operations in Turkey.


Revenues fell 8.5 percent and fees also dropped in what CEO Federico Ghizzoni said in a statement was a “particularly challenging third quarter, not only due to seasonality”.


The net profit, which compared with 335 million euros in the same quarter last year, was bang in line with an analyst consensus of 203 million euros, posted on the bank’s website.


UniCredit said in a statement it had made a net capital gain of 181 million euros from the sale of Turkish insurance business Yapi Kredi.


The bank said that sale and “a very strong” contribution from its central and eastern European businesses had helped results, while its Italian commercial banking operations had posted a loss of 165 million euros in the quarter.


Highlighting the challenges it faces in its recession-hit home country, UniCredit said that out of 1.6 billion euros of loan loss provisions booked in the three months to September, 1.1 billion euros were in Italy.


However, Ghizzoni reiterated the bank had started to see “some initial encouraging signs of recovery” in the euro zone’s third biggest economy.


Despite the weak operating trends, UniCredit – the first top Italian lender to publish third-quarter results this week – managed to strengthen its capital base.


Its Basel III-compliant capital ratio stood at 9.83 percent from 9.72 percent at the end of June. (Reporting by Silvia Aloisi; Editing by Louise Ireland and Stephen Jewkes)






Reuters: Financial Services and Real Estate




Read more about UPDATE 1-UniCredit profit falls 40 pct in "challenging" quarter and other interesting subjects concerning Real Estate at TheDailyNewsReport.com

Saturday, October 19, 2013

Poll: Amid shutdown, Republican falls further behind in race for Va. governor


Steve Helber / AP



Republican gubernatorial candidate, Virginia Attorney General Ken Cuccinelli, center, gestures during a press conference at the Capitol in Richmond, Va., on Oct. 15. Cuccinelli and running mates Lt. Gov candidate, E.W. Jackson, left, and Attorney General candidate State Sen. Mark Obenshain, right, received the endorsement of the Fraternal Order of Police of Virginia.




By Domenico Montanaro, Deputy Political Editor, NBC News


National Republicans may be glad the midterm elections are a year away after polls have shown the party’s favorability at all-time lows because of the federal government shutdown. But one Republican – in a swing state – is caught in the buzz saw.


A new NBC4/NBC News/Marist poll finds Republican Ken Cuccinelli slipping further behind Democrat Terry McAuliffe, 46 to 38 percent in the race for Virginia governor among likely voters. That’s 3 points wider than McAuliffe’s 43 to 38 percent lead a month ago — before the shutdown. Libertarian Robert Sarvis gets 9 percent.


Virginia was one of the top states impacted by the shutdown — with hundreds of thousands of federal workers, contractors, and military service members and retirees in the state. And a majority (54 percent) in the poll blames Republicans for the shutdown. Just 31 percent of likely voters blame President Barack Obama.


Four-in-10 – 39 percent – said either they or a family member has been affected by the shutdown, whether it’s employment, services or benefits.


Many say the shutdown will have an impact on their vote — 38 percent of registered voters said it would have a major impact on it; 21 percent said it would have a minor one. Among respondents who said it has had a major impact on their vote, McAuliffe is winning them 55-27 percent. Among those who say it is a minor issue, McAuliffe also leads, 52-33 percent.


Cuccinelli only leads with those who say the government shutdown is not an issue, 49-36 percent. 


“Just when Cuccinelli needed to start closing the gap against McAuliffe, the government shutdown became a huge roadblock,” said Lee M. Miringoff, director of the Marist College Institute for Public Opinion, which conducted the poll.


The Republican Party brand appears to be badly damaged in the commonwealth – 62 percent said they had an unfavorable view of the party, while just 33 percent said they viewed the party favorably. Among independents, it was even worse. By a 71-23 percent margin, the GOP was viewed negatively.


The Democratic Party and President Obama get better scores – 45-50 percent unfavorable for the party, 50-48 percent favorable for Obama.


Cuccinelli, the Tea Party-aligned attorney general, has been outspent on the airwaves 2-to-1 since the shutdown, and he has seen his likability rating take a hit. A majority now say they view him negatively (37-54 percent) up from 49 percent a month ago. By contrast, McAuliffe is 44-43 percent favorable. (His negative rating, however, is also up 7 points from last month.)


McAuliffe has expanded his lead with independents from 2 points in September (36-34 percent) to 8 points now (41-33 percent). In September, Cuccinelli got a 31-45 percent unfavorable score with the group. Now, a majority give say they view him unfavorably – 34-51 percent. McAuliffe doesn’t fare much better — with a 36-47 unfavorable, but that might not be the point.


“It’s not that independents are enamored with McAuliffe,” Miringoff said, “they just dislike Cuccinelli more.”


And that just might be the theme of this campaign.


“When you have a majority viewing you negatively, it’s hard to win an election,” said Barbara Carvalho, who also helped conduct the poll. “It’s not that McAuliffe has closed the deal, it’s that he’s the lesser of two evils.”


The poll was conducted Oct. 13-15 of 1,082 registered voters (margin of error +/- 3 percent) and 596 likely voters (margin of error +/- 4 percent). NBC’s Mark Murray contributed to this report.




NBCNews.com: First Read



Poll: Amid shutdown, Republican falls further behind in race for Va. governor

Sunday, September 15, 2013

Romanesque on the Plains: The Look of Sioux Falls


(Introductory note by James Fallows: Yesterday I discussed why the part of greater Sioux Falls that is visually least interesting, to put it politely — the expanse of fast food joints and big-box malls on the town’s periphery — is connected to a quite interesting part of the city’s economic history and current civic culture.


That’s connected to a theme I mentioned back in the first dispatch from this “East River” part of the Dakotas: Sioux Falls has made such a powerful and mostly positive impression on us largely because it so clearly represents a long-standing part of the essential American bargain. It is successful, and rough-edged — a contemporary City of Big Shoulders, with lots of its economic machinery displayed rather than tucked out of site. A century-plus ago, one aspect of its economic boom was its role as quickie-divorce center. A generation-plus ago, it put itself on the financial-services map when South Dakota eliminated usury laws and drew Citibank and other credit-card companies to set up headquarters in Sioux Falls. There will be more to say about that phase of the city’s history.


But in addition to the visible raw edges, like the huge slaughterhouse and the penitentiary that both sit right downtown, the city also has an extensive and remarkable architectural heritage. That is what John Tierney describes today, starting with the striking Richardson-style Romanesque buildings that define much of the look of downtown. The image at the top shows one of many buildings by the city’s most influential architect, Wallace L. Dow. It’s part of the state penitentiary.)



By John Tierney


It used to be that if you wanted to get a sense of what distant cities and towns looked like, you had to travel there yourself, view guidebooks and coffee-table photobooks, get hold of postcards, or endure friends’ slide shows and endless monologues. These days, it’s easy to learn the look of other places by turning to Google’s Street View, YouTube, and other Web resources.



Inside Marriage Special Report bug

Reinvention and resilience across the nation
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But it’s still helpful, if you’re trying to get a sense of a city’s architectural style and its most treasured structures, to have someone curate a selection of buildings and sites for you. So, in that spirit, for many of the cities that Jim and Deb will be visiting for the American Futures project, we’ll provide an amateur’s guide to notable buildings in town. Some of these will be Fallows photos; most will be from the Web.


Sioux Falls is a terrific city to begin this exercise because it contains many beautiful buildings, over 65 of them on the National Register of Historic Places. Carolyn Torma, an expert on South Dakota’s architectural treasures, explains in a 1989 article in the journal South Dakota History, that many of the grand buildings in Sioux Falls were designed in the late nineteenth century by Wallace L. Dow and Joseph Schwarz, architects who “celebrated the picturesque and the romantic,” working in “richly ornamented and colorful styles.” Torma explains:


Both employed in many of their buildings rusticated or rock-faced Sioux quartzite [a red/pink quartzite quarried in abundance in the Sioux Falls region], round-arched Romanesque [Richardsonian] details, and irregular floor plans. Further, the picturesque styles of the era – Romanesque, Stick, Shingle, Italianate, Queen Anne, and Gothic Revival, to name a few – made little attempt to reproduce faithfully their historical sources. Instead, designs were bold, almost freehand, interpretations.



Let’s look at some of the best of those Romanesque buildings with Sioux quartzite:



Old Minnehaha County Courthouse, Sioux Falls, SD


Architect: Wallace L. Dow


Style: Romanesque Revival


Date: 1893


More info: Converted into a museum in the 1970s.


Photo source: Wikimedia Commons




Federal Building and U.S. Courthouse, Sioux Falls, SD


Architect: Willoughby J. Edbrooke, with additions by James Knox


       Taylor (1911) and James A. Wetmore (1931)


Style: Romanesque Revival


Date: Constructed 1892-1895, 1911–1913, 1931


More info: Wikipedia


Photo source: Wikimedia Commons




Pettigrew and Tate Building, Sioux Falls, SD


Architect: Cross & Richard


Style: Romanesque Revival


Date: 1888-1889


Photo source: Wikimedia Commons




First Congregational Church, Sioux Falls, SD


Style: Romanesque Revival


Date:  1907-1909


More info: First Congregational United Church of Christ and GoHistoric.com


Photo source: Wikimedia Commons


 


So, clearly, architects working in Sioux Falls in the late 1800s and early 1900s were enamored of the Richardsonian Romanesque style. And they loved that quartzite!  


But there also is great diversity in the architectural landscape of Sioux Falls. Carolyn Torma’s instructive article, quoted earlier, tells us that in the period from 1913 to 1940, “several entirely new styles such as Prairie School, park-building Rustic, and Art Deco emerged.” She further notes, “By World War I, South Dakota architects had fully accepted the classical revival styles, . . .  including: Neo-Classicism, Renaissance Revival, Beaux Arts Classicism, Georgian, and Colonial Revival.” In the photos that follow, we’ll see examples of most of these styles in Sioux Falls.


 



Jorden Hall, University of Sioux Falls, SD


Architect: Joseph Schwarz


Style: Gothic Revival


Date: 1908


More info: GoHistoric.com and Historic Campus Architecture Project


Photo source: Wikimedia Commons





All Saints School, Sioux Falls, SD


Architect: Wallace L. Dow


Style: High Victorian Gothic


Date: 1884


More info: Jennifer Dumke, W.L. Dow: The Architect Who Shaped Sioux Falls, pp. 39-40; 52-54.


Photo source: Wikimedia Commons




Carnegie Free Public Library, Sioux Falls 


Architect: Joseph Schwarz.


Style: Classical Revival, using pink Sioux Quartzite


Date: 1913


More info: Carolyn Torma, pp. 158-159; Susan Richards, pp. 2-9.


Photo Source: Wikimedia Commons




Orpheum Theatre, Sioux Falls, SD


Style: Elements of Prairie style and Neo-Classical Revival


Date: Original old building on right: 1913


More info: For history, see here and here.


Photo Source: City of Sioux Falls




Security Bank Building, Sioux Falls


Architect: E. Jackson Casse Company (Chicago)


Style: Neo-classical; first steel skeletal-frame building in Sioux Falls


Date: 1917


More info: Carolyn Torma, pp. 159-160.


Interesting non-architectural fact: John Dillinger, the Depression-era American bank robber, robbed the Security National Bank of $ 49,500 on March 6, 1934.


Photo source: Wikimedia Commons




Shriver-Johnson Department-store Building


Architect: Firm of Perkins and McWayne


Style: Classical Revival


Date: 1918


More info: Carolyn Torma, p. 170; and Greetings from Sioux Falls


Photo Source: Wikimedia Commons




Carpenter Hotel, Sioux Falls, SD


Date: 1912


More info: Now luxury apartments, with storefront businesses at ground level. See here and here.


Photo source: Wikimedia Commons




Grand Lodge and Library of the Ancient Free and Accepted Masons, Sioux Falls, SD (also known as the Sioux Falls Masonic Temple)


Architect: Hugill and Blatherwick


Style: Beaux Arts Classicism


Date: 1925


More info: Carolyn Torma, p. 166.


Photo source: Wikimedia Commons




South Dakota State Penitentiary Historic Buildings, Sioux Falls, SD


Architect: Wallace L. Dow


Style: Italianate, Second Empire


More info: Jennifer Dumke, W.L. Dow: The Architect Who Shaped Sioux Falls, p. 29.


Photo source: Wikimedia Commons. Historical photos, here.




St. Joseph Cathedral, Sioux Falls, SD


Architect: Emmanuel Masqueray


Style: Blend of Romanesque and French Renaissance


Date: 1918-1919


More info: Wikipedia and


Photo source: Wikimedia Commons




Central Fire Station, Sioux Falls


Architect: Joseph Schwarz


Style: Features a Mediterranean Villa Tower; Renaissance Revival Details


Date: 1913


More info: Carolyn Torma, p. 172.


Photo source: Wikimedia Commons




L.D. William Funeral Home, Sioux Falls, SD


Architect: Firm of Perkins and McWayne


Style: Mediterranean Villa, with Italian Renaissance Revival features


Date: 1923


More info: Carolyn Torma, p. 172.


Photo source: Wikimedia Commons




State Theatre, Sioux Falls, SD


Architects: Firm of Buechner and Orth


Style: Georgian, mixed with architectural details of the Renaissance Revival


Date: 1925


More info: Carolyn Torma, p. 168. Also, for a history of the State Theater and information about efforts to preserve it, see this issue of a newsletter from Preserve South Dakota, a historic-preservation organization.


Photo source: Wikimedia Commons




Administration Building, Augustana College, Sioux Falls, SD


Architect: Firm of Perkins and McWayne, Sioux Falls


Style: English Vernacular Revival (sometimes called Jacobethan)


Date: 1920


More info: Carolyn Torma, p.170


Photo source: Wikimedia Commons


_________________


Note to those interested in reading more about the architectural history of Sioux Falls, especially the period in the late 1880s and early 1900s when the visual identity of the city was being defined:


In addition to the useful articles cited above (Carolyn Torma and Alan Lathrop), there’s a new book coming on Tuesday, September 17, when the History Press of Charleston, SC, will be releasing Jennifer Dumke’s W.L. Dow: The Architect Who Shaped Sioux Falls. You can see parts of Dumke’s new volume through Google Books, here.


Some of Dow’s buildings that are shown above are the Old Minnehaha Courthouse, the South Dakota State Penitentiary, and the All Saints School.






    








Master Feed : The Atlantic



Romanesque on the Plains: The Look of Sioux Falls

Tuesday, August 13, 2013

UK inflation rate falls to 2.8%










The rate of consumer prices index (CPI) inflation fell to 2.8% in July, down from 2.9% in June, according to the Office for National Statistics (ONS).


The Bank of England’s target for CPI inflation is 2%.


The drop in the rate of inflation came from lower air fares, discounting by clothing retailers and a reduction in the cost of leisure and cultural goods.


The rate of retail prices index (RPI) inflation also fell, to 3.1%, from 3.3% in June.


The RPI index is used to calculate many pensions, as well as inflation-linked government bonds. It is calculated differently, as it includes some housing costs and other items not included in CPI. It is typically higher than the CPI measure.


RPI is also used to calculate changes to rail ticket prices. Regulated fares – those that the government controls – will go up by inflation, as measured by the RPI for July, plus 1%.


The rail fare increase will come into effect in January.



‘Close to market expectations’

Clothing and footwear costs fell by 3.2%, as lower prices from summer sales took effect. In 2012, the fall from June to July was smaller, as retailers discounted earlier, following poor weather.


The cost of long-haul air fares rose at a slower rate than last year, which provided a large downward contribution to transport costs.


However, this was partially offset by rising petrol and diesel prices. They increased by an average of 0.7p and 0.4p per litre respectively between June and July, compared with a fall during the same period in 2012.


“Essentially, both the CPI and RPI reports are very close to market expectations,” said Investec’s Philip Shaw.


“On the CPI, the figures do suggest that the downtrend in inflation is in place and we think that there is a reasonable chance that inflation will be at the 2% target in spring next year.”


IHS’s chief European economist, Howard Archer said: “Looking ahead, CPI may yet touch 3% in the near term, given difficult near-term base effects and recently firmer oil prices.


“It should start heading gradually down towards the end of the year. Much will clearly depend on oil price developments.”


Inflation has remained above the Bank of England’s 2% target since December 2009. It reached a 14-month high in June 2013.


If the rate were to rise above 3%, the Bank of England governor, Mark Carney, would be required to write a letter of explanation to the Chancellor, George Osborne.




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BBC News – Home

UK inflation rate falls to 2.8%

Wednesday, August 7, 2013

Rates held until unemployment falls






























LIVE: Bank of England governor’s inflation report



Bank of England governor Mark Carney has said the Bank will not consider raising interest rates until the jobless rate has fallen to 7% or below.


Mr Carney said this would require the creation of about 750,000 jobs and could take three years.


The UK unemployment rate currently stands at 7.8%.


The unemployment threshold will hold unless inflation levels threaten to rise too fast or it poses a significant threat to financial stability.


Mr Carney said that until the threshold was reached the Bank would not cut back on its £375bn asset purchase programme, known as quantitative easing (QE).


While upbeat on the prospects for the UK economy, Mr Carney said it had not reached “escape velocity” yet.


“A renewed recovery is now underway in the United Kingdom and it appears to be broadening,” he said.


“While that is certainly welcome, the legacy of the financial crisis means that the recovery remains weak by historical standards and there is still a significant margin of spare capacity in the economy, this is most clearly evident in the high rate of unemployment.”


On the markets, shares rose and the pound fell immediately after the Bank’s statement was released, although the movements were quickly reversed.


There had been widespread expectation that Mr Carney would commit the Bank to the new strategy, known as “forward guidance”.


With short-term interest rates already at historic lows, the aim is to reduce longer-term interest rates.


Knowing interest rates could remain low, potentially for years, gives banks and mortgage lenders the ability to “lock-in” customers at lower rates for longer.




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BBC News – Home

Rates held until unemployment falls

Sunday, August 4, 2013

Facebook censorship


Unusual facebook behaviour. This falls inline with my theory that facebook uses it’s social media to socially engineer and manipulate. I will ask if anybody …



Facebook censorship

Wednesday, July 17, 2013

UK unemployment falls by 57,000










UK unemployment fell by 57,000 to 2.51 million in the three months to May, the Office for National Statistics says.


The unemployment rate held steady at 7.8%.


The ONS also said that the number of people claiming Jobseeker’s Allowance in June fell by 21,200 to 1.48 million.


This fall was the fastest rate in three years.


The ONS data also showed that employment was up by 16,000.


Although youth unemployment was down by 20,000, the number of long term jobless rose by 15,000.




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BBC News – Home

UK unemployment falls by 57,000

Wednesday, June 19, 2013

Analysis: Putin basks in isolation over Syria as Obama"s charm falls flat

ENNISKILLEN, Northern Ireland/MOSCOW (Reuters) – At the end of a tense two-hour meeting with Russian President Vladimir Putin, Barack Obama – slumped over and serious – tried to lighten the mood with a joke about their favorite sports.


Reuters: Top News



Analysis: Putin basks in isolation over Syria as Obama"s charm falls flat

Sunday, May 19, 2013

"Trek" does $70.6M but falls short of studio hopes







This undated publicity film image released by Paramount Pictures shows, Zachary Quinto, left, as Spock and Chris Pine as Kirk in a scene in the movie, “Star Trek Into Darkness,” from Paramount Pictures and Skydance Productions. Since premiering Wednesday, May 15, 2013 in huge-screen IMAX theaters and expanding Thursday to general cinemas, “Into Darkness” has pulled in $ 84.1 million, well below distributor Paramount’s initial forecast of $ 100 million. (AP Photo/Paramount Pictures, Zade Rosenthal)





This undated publicity film image released by Paramount Pictures shows, Zachary Quinto, left, as Spock and Chris Pine as Kirk in a scene in the movie, “Star Trek Into Darkness,” from Paramount Pictures and Skydance Productions. Since premiering Wednesday, May 15, 2013 in huge-screen IMAX theaters and expanding Thursday to general cinemas, “Into Darkness” has pulled in $ 84.1 million, well below distributor Paramount’s initial forecast of $ 100 million. (AP Photo/Paramount Pictures, Zade Rosenthal)













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(AP) — “Star Trek: Into Darkness” has warped its way to a $ 70.6 million domestic launch from Friday to Sunday, though it’s not setting any light-speed records with a debut that’s lower than the studio’s expectations.


The latest voyage of the starship Enterprise fell short of its predecessor, 2009′s “Star Trek,” which opened with $ 75.2 million.


Since premiering Wednesday in huge-screen IMAX theaters and expanding Thursday to general cinemas, “Into Darkness” has pulled in $ 84.1 million, well below distributor Paramount’s initial forecast of $ 100 million. The film added $ 40 million overseas, pushing its total to $ 80.5 million since it began rolling out internationally a week earlier.


The “Star Trek” sequel bumped “Iron Man 3″ down to second place after two weekends on top. Robert Downey Jr.’s superhero saga took in $ 35.2 million domestically to lift its receipts to $ 337.1 million. Overseas, “Iron Man 3″ added $ 40.2 million, raising its international total to $ 736.2 million and its worldwide tally to nearly $ 1.1 billion.


While “Iron Man 3″ and “Into Darkness” did well overseas, they were outmatched by the debut of Baz Luhrmann’s “The Great Gatsby,” which followed its domestic debut a week earlier with a wide rollout internationally. “Gatsby” pulled in $ 42.1 million overseas, coming in a bit ahead of both “Iron Man 3″ and “Into Darkness.”


Domestically, “Gatsby” held up well at No. 3 with $ 23.4 million, lifting its total to $ 90.2 million.


In today’s Hollywood of bigger, better sequels, follow-up films often outdo the box office of their predecessors, as each “Iron Man” sequel has done. While “Into Darkness” earned good reviews and is getting strong word-of-mouth from fans, the film did not quite measure up to the opening weekend of director J.J. Abrams’ “Star Trek” reboot from four years ago, at least domestically.


“‘Star Trek’ remains a fan-boy movie. It doesn’t seem to have the same kind of cross-over appeal as say an ‘Iron Man’ or some of these others,” said Paul Dergarabedian, an analyst for box-office tracker Hollywood.com. “It’s a very specific brand, but I think the general public would love this movie, because it’s such an action movie. But to get a hundred-million-plus opening weekend, unless you’re ‘Twilight,’ you really have to cross over to all audiences.”


Paramount points out that overseas business is up in many markets, though, so worldwide, the sequel is off to a better start.


“Because of the nature of the franchise, because of how many movies have been made and the various forms of the TV shows, I’m not sure that ‘Star Trek’ goes by the rules of normal sequels. I think each movie stands on its own, because it’s a unique franchise,” said Don Harris, Paramount’s head of distribution. “My goal was always that we grow the franchise. We’re clearly seeing by today’s numbers that the movie is being embraced on a worldwide basis in a way we’ve never seen before.”


Harris said that domestically, “Into Darkness” finished its first weekend 6 percent ahead of revenues for 2009′s “Star Trek,” which got a head-start with $ 4 million in Thursday night previews to give it a $ 79.2 million haul through the first Sunday.


But “Into Darkness” had a full day of screenings Thursday plus its Wednesday IMAX business. Unlike the first movie, which played only in 2-D, the sequel also had the benefit of 3-D screenings that cost a few dollars more. Yet even with the 3-D upcharge and the earlier debut, it came away with just $ 4.9 million more than its predecessor through Sunday.


Still, it’s a solid starting place for the movie to live long and prosper at theaters, with Paramount hoping “Into Darkness” can surpass the $ 385 million worldwide total of “Star Trek.”


“I think we’re well along on that road,” Harris said.


Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Hollywood.com. Where available, latest international numbers are also included. Final domestic figures will be released Monday.


1. “Star Trek: Into Darkness,” $ 70.6 million ($ 40 million international).


2. “Iron Man 3,” $ 35.2 million ($ 40.2 million international).


3. “The Great Gatsby,” $ 23.4 million ($ 42.1 million international)


4. “Pain & Gain,” $ 3.1 million.


5. “The Croods,” $ 2.75 million.


6. “42,” $ 2.73 million.


7. “Oblivion,” $ 2.2 million.


8. “Mud,” $ 2.16 million.


9. “Peeples,” $ 2.15 million.


10. “The Big Wedding,” $ 1.1 million.


__


Estimated weekend ticket sales at international theaters (excluding the U.S. and Canada) for films distributed overseas by Hollywood studios, according to Rentrak:


1. “The Great Gatsby,” $ 42.1 million.


2. “Iron Man 3,” $ 40.2 million.


3. “Star Trek: Into Darkness,” $ 40 million.


4. “Epic,” $ 14.5 million.


5. “Fast & Furious 6,” $ 13.8 million.


6. “The Croods,” $ 10.6 million.


7. “Evil Dead,” $ 5.6 million.


8. “Oblivion,” $ 4.7 million.


9. “Montage,” $ 4.1 million.


10. “Mama,” $ 1.7 million.


__


Online:


http://www.hollywood.com


http://www.rentrak.com


___


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Sunday, May 5, 2013

China HSBC April services PMI falls to lowest in nearly two years



A parking lot is seen along the Huangpu River near the financial district of Pudong in Shanghai December 12, 2012. REUTERS/Carlos Barria

A parking lot is seen along the Huangpu River near the financial district of Pudong in Shanghai December 12, 2012.


Credit: Reuters/Carlos Barria





BEIJING | Sun May 5, 2013 9:50pm EDT



BEIJING (Reuters) – Growth in China’s services sector slowed sharply in April to its lowest point since August 2011, a private sector survey showed on Monday, in fresh evidence that economic revival will remain modest and may be facing wider risks.


The HSBC services Purchasing Managers’ Index (PMI) fell to 51.1 in April from 54.3 in March, with new order expansion the slowest in 20 months and staffing levels in the service sector decreasing for the first time since January 2009.


The HSBC services PMI follows a similar survey by China’s National Bureau of Statistics, which found non-manufacturing activity eased to 54.5.


“The cooling of service sector activity in April likely reflected the knock-on effect of slower manufacturing growth, the impact of property tightening measures and the spreading bird flu,” said HSBC’s China chief economist Qu Hongbin.


A reading above 50 indicates activity in the sector is accelerating, while one below 50 indicates it is slowing.


Two separate PMIs last week showed that China’s manufacturing sector growth had slowed, suggesting the country’s exports engine is running into headwinds from the euro zone recession and sluggish growth in the United States.


In the latest survey, the sub-index measuring new business orders dropped sharply to a 20-month low of 51.5 in April, with only 15 percent of survey respondents reporting an increased volume of new orders that month, HSBC said.


“Again, this started to bite employment growth. All these are likely to add some risk to China’s growth in 2Q, as there’s still a bumpy road towards sustaining growth recovery,” Qu said.


The employment sub-index decreased to 49.6 in April, the first net reduction in staff numbers since January 2009, although HSBC said job losses were marginal, partially caused by firms down-sizing and employee resignations.


Employment is a decisive factor shaping government thinking because it is crucial for social stability. The services sector accounted for 46 percent of China’s gross domestic product in 2012, as big as the country’s better-known manufacturing industry.


At the depth of the global financial crisis in 2008/2009, an estimated 20 million rural migrant workers lost their jobs, prompting Beijing to unveil a 4 trillion yuan stimulus package to shore up the economy and provide employment.


China’s annual economic growth dipped to 7.4 percent in the third quarter, slowing for seven quarters in a row and leaving the economy on course for its weakest showing since 1999.


The government has set a 2013 growth target of 7.5 percent, a level Beijing deems sufficient for job creation while providing room to deliver reforms to the economy.


(Reporting By Xiaoyi Shao and Jonathan Standing; Editing by Sanjeev Miglani)






Reuters: Business News




China HSBC April services PMI falls to lowest in nearly two years