Liberty Global Lags Earnings and Rev

Liberty Global plc. (LBTYA) declared weak financial results for the second quarter of 2013 as both the top and bottom line fell below the respective Zacks Consensus Estimate. In the reported quarter, the company added 191,000 organic revenue generating units (:RGU), down 47.5% year over year.

Quarterly GAAP net loss was $11.6 million or a loss of 4 cents per share compared with a net loss of $219.9 million or 81 cents per share in the prior-year quarter. However, adjusted earnings per share of 12 cents were way below the Zacks Consensus Estimate of 30 cents. Quarterly total revenue of $3,161.9 million was up 25.3% year over year, but fell below the Zacks Consensus Estimate of $3,413 million.

Cost of operations was $2,716.7 million, up 32.8% year over year. Operating income was $445.2 million, down 7.1% year over year. Operating margin was 14.1% compared with 19% in the year-ago quarter.

During the first half of 2013, Liberty Global generated $1,346.2 million of cash from operations compared with $1,454.9 million in the year-ago period. Free cash flow in the reported period was $351.6 million compared with $460.8 million in the prior-year quarter.

At the end of the second quarter of 2013, Liberty Global had $4,647.4 million of cash and marketable securities and $41,059.2 million of outstanding debt on its balance sheet compared with respectively $2,989 million and $27,524.5 million at the end of 2012.

Subscriber Statistics

As of Jun 30, 2013, Liberty Global had 24.474 million customers in 14 countries. Out of the total, customer count for European Operations, VTR and Other operations were 23.019 million, 1.1829 million and 0.2721 million, respectively. The total Single-Play customer count was10.9544 million, down 0.7% year over year. The total Double-Play customer count was 3.9816 million, up 34.9% year over year. The total Triple-Play customer count was 9.538 million, up 69.5% year over year.

During the reported quarter, Liberty Global added 191,000 organic RGUs including net gains of 149,000 and 142,000 subscribers, respectively, for broadband Internet and telephony services and a net loss of 100,000 subscribers for video services. At quarter end, the company had over 270,000 Horizon TV subscribers and more than 1.7 million TiVo Inc. (TIVO)-platform based video subscribers and 4,064,000 mobile subscribers.?

Segment-wise Results

Total revenue from the European Operations division was $2,719.8 million, up 25.8% year over year. Within this segment, revenues from Western Europe were $2,407 million, up 29.6% year over year. Revenues from Central and Eastern Europe were $281.5 million, up 2.4% year over year. Revenues from Central and other operation were $31.3 million, up 8.3% year over year. VTR Chile revenues were $252.7 million, up 11.4% year over year. Corporate and other revenues were $210.5 million, up 41.3% year over year.

Latest Development

Liberty Global currently has a Zacks Rank #3 (Hold). In June, the company completed the acquisition of the British cable MSO, Virgin Media. The acquisition makes Liberty Global the largest cable TV MSO in the world, surpassing Comcast Corp. (CMCSA). In the U.K., the merged entity has become a formidable challenger to British Sky Broadcasting Group plc., which is the largest pay-TV operator in that country and is partially controlled by News Corp. (NWSA).

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Source: http://news.yahoo.com/liberty-global-lags-earnings-rev-184001998.html

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Conservative group continues effort to warn about enrolling in coverage under Obamacare

A conservative advocacy group that spent millions on issue ads during the 2012 election cycle plans to continue a seven-figure campaign that aims to convince people to think twice before signing up for health insurance exchanges under the Affordable Care Act.

Americans for Prosperity, a group partially funded by donors David and Charles Koch, plans to release a? television ad Wednesday to raise questions about the law. Instead of focusing on the law?s repeal, AFP's newest effort will argue that health insurance premiums will rise for those who sign up for the exchanges. The group also is making plans to dispatch activists to sporting events, festivals and town fairs in multiple states for the next several months to warn people that they could have fewer medical choices under the law.

?This is more about going to folks where they are and talking to them,? AFP President Tim Phillips told Yahoo News. ?We?re saying, make sure you understand the impact this law will have on you if you sign up.?

The federal government will begin to implement key parts of the Affordable Care Act, the health insurance overhaul commonly called Obamacare that passed along partisan lines and was signed by President Barack Obama in 2010, as early as 2014. In order for the law to function as planned, millions of Americans must pro-actively sign up for health insurance plans enacted by the legislation. The Obama administration is urging people to enroll. An independent group, Enroll America, has launched a nationwide campaign to provide information about how to take part in the exchanges.

But a coalition of conservative groups is urging people not to sign up at all, which, if effective, would make it difficult for many parts of the law to function. The AFP campaign, which began with an initial $700,000 investment for an ad in July, won?t explicitly advise people not to sign up, but the insinuation is strong.

?The reason we?re doing this now is that this is the final run-up to final implementation,? Phillips told Yahoo News. ?As a lot of Americans decide what to do when the Enroll America paid community organizer shows up at an event in their community, we want them to consider exactly what this law means for them personally. So we want to run these ads now before they make that decision.?

Enrollment for the exchanges is set to begin in October.

Source: http://news.yahoo.com/conservative-groups-continues-effort-to-warn-against-enrolling-in-health-care-law-124543669.html

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Common genetic ancestors lived during roughly same time period

[unable to retrieve full-text content]Mitochondrial Eve and Y-chromosomal Adam -- two individuals who passed down a portion of their genomes to the vast expanse of humanity -- are known as our most recent common ancestors, or MRCAs. But many aspects of their existence, including when they lived, are shrouded in mystery. Now, a new study indicates the two roughly overlapped during evolutionary time: from between 120,000 to 156,000 years ago for the man, and between 99,000 and 148,000 years ago for the woman.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/6uintUt9P2k/130801142323.htm

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Monogamy evolved as a mating strategy: New research indicates that social monogamy evolved as a result of competition

[unable to retrieve full-text content]Social monogamy, where one breeding female and one breeding male are closely associated with each other over several breeding seasons, appears to have evolved as a mating strategy, new research reveals. It was previously suspected that social monogamy resulted from a need for extra parental care by the father.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/iP24iiHSiiQ/130729172244.htm

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India, China developing mechanism to prevent face-offs: Antony

New Delhi: India and China are trying to develop effective mechanisms to prevent the "embarrassing" face-offs between their troops along the "disputed" points of the Line of Actual Control, Defence Minister AK Antony said in New Delhi on Friday.

Terming the 21-day stand-off between the two sides in Depsang valley in Daulat Beg Oldi area as an "unusual" incident, the Defence Minister said the two countries will meet soon in Beijing to discuss issues and try to find a solution for such "unpleasant incidents".

"Till the final settlement of the border issue, we are trying to find out more effective mechanisms to prevent occasional incidents. There are many points in the LAC that are disputed and they are patrolled by both sides. So, sometimes it leads to some face-off," he said on the 14th anniversary of Kargil Vijay Diwas.

The Defence Minister said that there are disputed points where both sides are going and that causes some embarrassing situations.

The Minister was asked to comment on the rising incursions by the Chinese troops into the Indian territory along the LAC in Ladakh and Northeastern sectors.

Antony said, "There are disputed points where both sides are going there which sometimes causes some embarrassing situations."

He said after the Depsang incident in April, India and China had "free and frank" talks and "we are trying to have more border personnel meeting places and have more effective mechanisms to prevent such unpleasant incidents."

"On the one side, both sides are trying to find a long term solution to the long pending border dispute. Till that time, our aim is to maintain peace and tranquillity at the border," Antony said.

On the recent third meeting of the Joint Working Group between the two sides, the Minister said free and frank discussions were held between both sides.

"We are going to have another round of this meeting in Beijing soon on this issue. So, I think we will be able to find out a solutions to such unpleasant incidents on the border," he said.

In the recent past, there have been several incidents of incursions in Ladakh sector where Chinese troops have entered well within Indian side and stayed there for long hours before returning to their areas.

In one such incident, Chinese troops had entered Chumar area in Ladakh on July 16-17 on horses and ponies and demanded that Indian troops leave the area staking claim over it.

In the last two weeks, there have been at least five incursions in the area and around 150 incidents in the last seven months. Meanwhile, commenting on the alleged "mistreatment" of armed forces personnel and the lack of accommodation for them, Antony said though the situation had improved in comparison with past but "a lot was still required to be done".

"Under the married accommodation project, nearly 1.99 lakh houses are to be built for forces. Out of that, 50 per cent has been completed," he said. On the rank pay issue of the forces, the Defence Minister said the Government has referred it to the Attorney General for his "final advise" on the matter.

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Source: http://ibnlive.in.com/news/india-china-developing-mechanism-to-prevent-faceoffs-ak-antony/409532-3.html

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DC-based RP Request

Hello there, I'm obviously new here, but I wanted to know if there was anyone who was a DC fan too. ^.^" Anyway, the fandoms I want to RP most are Justice League: Unlimited, Young Justice/YJ: Invasion, or just the DC universe in general. I'm more than willing to read up on any stories I'm not familiar with. I do have a few rules I want to get down though.

-I prefer to write in third person, it'd be nice if you would too.
-I like at least a paragraph per character you're writing for, but it can be shorter if there's a conversation going on or if they're really minor.
-I will not role play Boys Love or Girls Love.

-I require all my RP buddies to be able to play as a male and female, also I want both of us to control two characters and whatever other side character is needed at the moment. For example, I will control my main OC and your OC's love interest, and you'll have your main OC and my OC's love interest.

-Whenever any of our characters needs to talk to a side character, I prefer that the other temporarily take on the role of the side character so we can carry on a conversation. That way, no one needs to talk to themselves and there's always something to do. :)

-I like to discuss characters and plot before we make the RP thread, that is, after we get to know each other first and discuss what we're okay and not okay with. I also have a tendency to critique things or characters if I feel that they could be improved somehow. Please don't take offense to it, that's not my intention at all, and you're more than welcome to critique me too! :D I don't want my writing to suck or have a Mary Sue either.

Hopefully I don't seem intimidating, because I'm actually quite the pushover for stuff. So, any questions? :3

EDIT: I'm so sorry, I forgot to mention that I'm only looking for 1x1 role plays of this. I will accept multiple RP buddies too!

Source: http://feedproxy.google.com/~r/RolePlayGateway/~3/SzrtSjIv07g/viewtopic.php

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American Federation of Musicians' President Ray Hair Re-Elected

AFM president Ray Hair was re-elected by acclamation at the union?s Las Vegas convention, the organization announced Thursday. Hair has served as President of the AFM since August 2010. He has been a professional musician since 1964, performing as a freelance, club-date, recording and traveling musician. Previously the President of AFM Local 72-147 for more than 27 years, he was first elected to the AFM?s international executive board in 1989.

In addition, all members of the International Executive Board were re-elected: vice president Bruce Fife, Local 99 (Portland, Ore.); secretary-treasurer Sam Folio, Local 368 (Reno, Nev.); vice president from Canada Alan Willaert, Local 149 (Toronto); Tino Gagliardi, Local 802 (New York); Tina Morrison, Local 105 (Spokane, Wash.); Joe Parente, Local 77 (Philadelphia, Pa.); Dave Pomeroy, Local 257 (Nashville, Tenn.); Vince Trombetta, Local 47 (Los Angeles).? Also, John Acosta (Local 47) was elected to serve as the AFM delegate to the AFL-CIO Convention.

?I am honored to have been re-elected AFM International President,? said Hair. ?These are exciting and challenging times for professional musicians. Our message of unity has resonated with the delegates. We will look inward to harness the energy of our Executive Board and local officers to build a unity of purpose and a spirit of service for our members and for professional musicians everywhere.?

A presentation by the international executive board and directors, on the need for a proposed increase in per-capita dues increase, ?won over many skeptical convention delegates,? the union said in a statement. The new financial package will raise approximately $1.2 million annually, and will be used to bolster organizing and contract enforcement efforts, as well as augmenting services to Local officers and musicians.

Additionally, the delegates to the convention donated $60,200 to Local 30-73 for their support of the musicians of the Minnesota Orchestra and the Saint Paul Chamber Orchestra. In addition to the loss of work dues from two lost seasons, the Local has incurred what the AFM called ?crippling? legal bills in negotiating for both orchestras during two lock-outs.

Bookmark The Hollywood Reporter?s Labor Page for the most in-depth coverage of entertainment unions and guilds.

Email: jhandel99@gmail.com

Twitter: @jhandel

Source: http://feedproxy.google.com/~r/thr/business/~3/S0fON3ncd9Y/story01.htm

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