Tuesday, January 3, 2012

What is Finance ? Part 1 | News Lifestyle

Sunday, January 1st 2012. Posted in Finance by admin

Article by Aravind Kumar

The act of providing money in the form of a loan or capital is known as finance and is something that everyone from governments to the private individual uses. This is part of the area of economics that focuses on the strategies and methods of looking after money and other financial assets. It can be also defined as the management of funds and capital required by a business and private activities. Large companies with even larger portfolios will employ a finance manager to help control their assets.This involves lending money to another company or individual, either from internal resources or externally. The word Optimizing may sound strange but it refers to taking measures that minimize the cost of financing while simultaneously attempting to maximize the profits out of the employed finance. Bad debts are poor finance management where rules have not been followed; the result of this is depressed markets, low production and a cash crisis. For this reason, a finance manager is expected to be very judicious in either the use of available funds or allocation for expenses.It is not uncommon to hear finance managers referred to as bean counters as they are looking at immediate returns and initial costs against the potential at a later stage. Finance managers are the pessimists whereas sales managers are the optimists who look to the future and not to the past! For most small business owners there is not a clear distinction between personal and business which often leads to the funds being used in areas that are not part of the arrangement. Lenders are not very happy about this type of situation because they like to know exactly what they are funding.This may cause some concern amongst small business owners but they should train themselves to be more focused on their business which should in turn create a better frame of mind for the future. Fortunately, small businesses can always use the more approved methods of friends or relations to help provide finance. Finance managers can help improve their company?s profits by using external sources which also lessens the risk on them at the same time. The famous comedian Bob Hope best summed up the subject when he once said; a bank is a place that will lend you money but only if you can prove that you don?t need it.

Author is an executive at Integra Global Solutions http://www.integraoutsourcing.co.uk, which provides cost effective accounting bookkeeping outsourcing services for 100s of accountants in UK, Ireland & Europe. For more details log on to http://www.integraoutsourcing.co.uk. You are free to publish this article as long as you have a link back to http://www.integraoutsourcing.co.uk

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Friday, December 30th 2011.

> Article by Aravind Kumar The act of providing money in the form of a loan or capital is known as finance and

Sunday, January 1st 2012.

> Article by Aravind Kumar The act of providing money in the form of a loan or capital is known as finance and

Sunday, January 1st 2012.

> Article by Aravind Kumar The act of providing money in the form of a loan or capital is known as finance and

Friday, December 30th 2011.

> Article by Aravind Kumar The act of providing money in the form of a loan or capital is known as finance and

Source: http://www.datinghomes.com/what-is-finance-part-1/

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The Engadget Giveaway: win a BlackBerry Bold 9900 and a one-year TeleNav subscription!

The fount of free stuff to give away overfloweth -- and we want to keep the holiday spirit alive -- so we've taken the opportunity to offer up two more huge contests before CES approaches this coming weekend. Through tomorrow you'll have the chance to win a BlackBerry Bold 9900 and a full year's worth of top-notch voice turn-by-turn navigation, all courtesy of TeleNav! The Bold will be locked to T-Mobile's network, so you'll need to have a T-Mo SIM card to be right as rain. The normal rules apply, so make sure you read through them thoroughly and leave a comment below. Good luck!

Continue reading The Engadget Giveaway: win a BlackBerry Bold 9900 and a one-year TeleNav subscription!

The Engadget Giveaway: win a BlackBerry Bold 9900 and a one-year TeleNav subscription! originally appeared on Engadget on Mon, 02 Jan 2012 11:00:00 EDT. Please see our terms for use of feeds.

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Monday, January 2, 2012

Utah football: Bowl game could be statement game for Utes? D

El Paso, Texas ? Utah?s 2011 football season will not only be remembered for Utah?s inaugural experience in the Pac-12, but also for the way the defense carried the team in the absence of starting quarterback Jordan Wynn.

It?s fitting then that Utah?s defense gets one last chance to shine as the Utes face Georgia Tech (8-4) in the Sun Bowl Saturday.

The game kicks off at noon and will be televised by CBS.

Since the Yellow Jackets are the nation?s third best rushing team, averaging 316.8 yards a game, and Utah?s defense has a strong reputation for shutting down rushers, the Utes (7-5) view Saturday?s contest in Sun Bowl Stadium as a great chance to put their final stamp of ownership on the 2011 season.

"It?s an exciting offense and it can be hard to stop, but that?s why we like the challenge," safety Brian Blechen said. "You always want to stop the run and they are such a good running team, we?ve been working hard and watching film and getting ready for it. You can?t prepare enough for it."

In a testament to their team-mindfulness, Utah?s defenders are careful to give credit to Utah?s offense for games won this year as much as to themselves.

"There have been times when they?ve bailed us out too," linebacker Chaz Walker said.

Really, those times were scarce as the Utes? defense strives to own games.

Story continues below

"If our offense can score 10 points, then our defense better hold [the opponent] to nine points or less," Utah coach Kyle Whittingham said. "That has always been our mentality, we want a shutout every game."

The Utes never got a shutout this year but do rank 18th nationally, giving up just 19.7 points a game. That is an impressive number on its own, but even more so given the number of turnovers and other struggles the Utes? offense had that put the defense in bad situations.

For a season that was anticipated to be all about Norm Chow?s new offense, 2011 was more of the same for the Utes as the defense shut down one team after another.

The only game the Utes had a poor defensive showing was in the 34-10 loss to Cal when the Utes gave up 384 yards, Whittingham said.

"The defense has played well from the onset, from Game 1 through Game 12," he said. "We?ve had very consistent football, at or near the top of all the major statistics and I attribute that to the attitude and work of the defensive players."

Others attribute it to the Utes? system, which was put in place by Whittingham?s father, Fred, and honed by his son.

It is so consistent that even Georgia Tech offensive coordinator Brian Bohannon, who was on Navy?s staff in 2007, sees similarities between the defense he played that day and the one his Georgia Tech team faces in the Sun Bowl.

"I left the field that day impressed with how tough they are and I don?t think it will be any different now," he said. "The personnel is different, but the scheme and the way they recruit, they are not going to change a whole lot."

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Source: http://www.sltrib.com/sltrib/utes/53205482-89/utah-utes-defense-bowl.html.csp

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Smallest-ever exoplanets found, one step closer to Earth-twin

These planets, while roughly the size of our planet Earth, are circling very close to their star, giving them fiery temperatures that are most likely too hot to support life, researchers said.

This story was updated at 1:54 p.m. ET.

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Two planets orbiting a star 950 light-years from Earth are the smallest, most Earth-size alien worlds known, astronomers announced today (Dec. 20). One of the planets is actually smaller than Earth, scientists say.

These planets, while roughly the size of our planet Earth, are circling very close to their star, giving them fiery temperatures that are most likely too hot to support life, researchers said. The discovery, however, brings scientists one step closer to finding a?true twin of Earth?that may be habitable.

"We've crossed a threshold: For the first time, we've been able to detect planets smaller than the Earth around another star," lead researcher Fran?ois Fressin of the Harvard-Smithsonian Center for Astrophysics in Cambridge, Mass., told SPACE.com. "We proved that Earth-size planets exist around other stars like the sun, and most importantly, we proved that humanity is able to detect them. It's the beginning of an era."

To discover the new planets, Fressin and his colleagues used?NASA's Kepler space telescope, which noticed the tiny dips in the parent star's brightness when the planets passed in front of it, blocking some of its light (this is called the transit method). The researchers then used ground-based observatories to confirm that the planets actually exist by measuring minute wobbles in the star's position caused by gravitational tugs from its planets.

"These two new planets are the first genuinely?Earth-sized?worlds that have been found orbiting a sunlike star," University of California, Santa Cruz astronomer Greg Laughlin, who was not involved in the new study, said in an email to SPACE.com. "For the past two decades, it has been clear that astronomers would eventually reach this goal, and so it's fantastic to learn that the detection has now been achieved." [Gallery: Smallest Alien Planets Ever Seen]

Chances for life

The two Earth-size planets are among five alien worlds orbiting a star called Kepler-20 that is of the same class (G-type) as our sun, and is slightly cooler.

Two of the star system's planets, Kepler-20e and Kepler-20f, are 0.87 times and 1.03 times the width of Earth, respectively, making them the smallest exoplanets yet known. They also appear to be rocky, and have masses less than 1.7 and 3 times Earth's mass, respectively. Scientists think that they are composed mainly of silicates and iron, much like the Earth, though they lack our planet's atmsophere.

Kepler-20e makes a circle around its star once every 6.1 days at a distance of 4.7 million miles (7.6 million kilometers) ? almost 20 times closer than Earth, which orbits the sun at around 93 million miles (150 million km).

The planet's sibling, Kepler-20f, makes a full orbit every 19.6 days, at a distance of 10.3 million miles (16.6 million km). Both planets circle closer to their star than Mercury does to the sun. [Infographic: Earth-Size Alien Planets Explained]

These snuggly orbits around their star give the newfound planets steamy temperatures of about 1,400 degrees Fahrenheit (760 degrees Celsius) and 800 degrees Fahrenheit (430 degrees Celsius) ? way too warm to support liquid water, and probably life, researchers said.

Fressin said the chance of life on either of these planets is "negligible," though the researchers can't exclude the possibility that they used to be habitable in the past, when they might have been farther from their star. There is also a slim chance that there are habitable regions on the planets in spots between their day and night sides (the planets orbit with one half constantly facing their star and the other half always in dark). But astronomers aren't holding out hope.

"The chances of liquid water and life as we know it on Kepler-20e and f are zero," Laughlin said.

Flip-flopped planets

The planetary system around Kepler-20 is an unusual one.

For one thing, scientists say the rocky planets can't have formed in their current locations.

"There's not enough rocky material that close to the host star to form five planets," Fressin said. "They didn't form here; they probably formed farther from their star and migrated in."

Furthermore, the five planets are in an odd order, with the rocky worlds alternating with their gaseous, Neptune-size siblings. That's quite different from most solar systems, including our own, which keeps the rocky terrestrial worlds in close to the sun, with the gas giants farther out.

"The architecture of that solar system is crazy," science team member David Charbonneau of Harvard University said during a Tuesday telecon announcing the finding. "This is the first time that we've seen anything like this."

Scientists will likely have to revise their theories of how planets form to fully understand the Kepler-20 system.

"How did that form?" Fressin said. "I think it's a puzzle the theorists will have to try to explain."

The star's other planets are called Kepler-20b, 20c, and 20d. Their diameters are 15,000 miles (24,000 km), 24,600 miles (40,000 km), and 22,000 miles (35,000 km), respectively, and they orbit Kepler-20 once every 3.7, 10.9, and 77.6 days.

The largest of these, Kepler-20d, weighs a little under 20 times Earth's mass, while Kepler-20c is 16.1 times as heavy as Earth, and Kepler-20b is 8.7 times our planet's mass.

Evolving effort

Scientists say finding the smallest exoplanets yet represents a significant milestone in the fast-evolving effort to learn about planets beyond the solar system.

The first alien planet was discovered in 1996, and the first planet found through the transit method came just 11 years ago. Both of those planets were roughly the size of Jupiter.

"I think we're living in special times," Fressin said. "This was unfeasible 10 years ago, and just with the quality of detectors and the quality of the treatment is it possible now."

The total tally of?known alien planets is above 700. Kepler alone has discovered 28 definite alien planets, and 2,326 planet candidates, since its launch in March 2009.

Earlier this month, the Kepler team announced another landmark find, the?first planet known to occupy the habitable zone?around its star where liquid water, and perhaps life, could exist.

That planet, called Kepler-22b, is about 2.4 times as wide as Earth.

The dream now is for astronomers to combine the two discoveries and find an Earth-size planet that's also orbiting its star in an Earth-like orbit that puts it in the habitable zone.

"The holy grail of the search for other worlds is to find an Earth analogue, a true Earth twin," Fressin said. "We just need to have these two pieces of the puzzle together."

While the newfound planets orbit with periods of 6.1 and 19.6 days, Fressin estimated the habitable zone around Kepler-20 begins at orbits that take roughly 100 days to make a circuit.

Astronomers think it's only a?matter of time before they finally find one?that's just right.

"These discoveries are a great technological step forward ? to detect small planets, in size like Earth ? but these planets are very hot and not in the habitable zone around their star," astronomer Lisa Kaltenegger of the Harvard-Smithsonian Center for Astrophysics wrote in an email. Kaltenegger, who studies the habitability of exoplanets, was not involved in the new study. "If we can already find these small planets with radii around Earth's now, some future ones could be in the habitable zone of their stars and THOSE future ones would be great targets to look for liquid water and signatures for life."

A paper detailing the discovery was published online in the journal Nature Dec. 20.

You can follow SPACE.com assistant managing editor Clara Moskowitz on Twitter @ClaraMoskowitz. Follow SPACE.com for the latest in space science and exploration news on Twitter?@Spacedotcom?and on?Facebook.

Source: http://rss.csmonitor.com/~r/feeds/science/~3/2hS2EsdF1-M/Smallest-ever-exoplanets-found-one-step-closer-to-Earth-twin

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GUITAR DUO BLUES: Larry Carlton and Robben Ford

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Source: http://astuteblogger.blogspot.com/2011/12/guitar-duo-blues-larry-carlton-and.html

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Sunday, January 1, 2012

12-year-old iceberg's death caught on camera

In mid-December, a NASA satellite snapped an image of the disintegration of a large iceberg that first broke away from Antarctica nearly 12 years ago, and has been wandering the Southern Ocean ever since.

It's not unusual for icebergs to survive for up to a quarter century if they stay near their birthplace, in the frigid waters surrounding Antarctica; yet if they stray too far north, the massive chunks of ice can quickly disappear, said Ted Scambos, a glaciologist at the National Snow and Ice Data Center at the University of Colorado, Boulder.

In March 2000, the largest iceberg ever measured broke away from the Ross Ice Shelf, a massive plain of floating ice that clings to the coastline of Antarctica. The iceberg , dubbed B-15, was a whopping 170 miles long and 25 miles wide ? nearly the size of Connecticut. Over time, the iceberg broke into smaller pieces.

One of those pieces, known as B-15J, was spotted about 1,700 miles southeast of New Zealand on Dec. 19.

At the beginning of November, B-15J was roughly 12 miles across, but has now crumbled to just a few miles breadth as it sails through warmer waters, Scambos told OurAmazingPlanet.

How icebergs are born
Icebergs are birthed by ice shelves, which are the outlets of glaciers and regularly send enormous icebergs floating out to sea in a natural process known as calving.

NASA researchers recently spotted a huge rift in Western Antarctica's Pine Island Glacier ice shelf, and they expect the shelf to calve in the coming months.

Although calving is a natural process, some Antarctic ice shelves are undergoing rapid, sometimes catastrophic change, and Scambos said that tracking icebergs as they melt is a good proxy for scientists trying to understand what is happening to ice shelves in general in a warming world.

Ice shelves essentially act as doorstops for glaciers. When ice shelves disappear or weaken, glaciers speed up, dumping ever more ice into the ocean and raising global sea levels.

Scambos said B-15J is rapidly disintegrating. "It's similar to what happens to ice shelves when they go through a rapid warming," he said.

Smaller and smaller pieces
"Icebergs do a sort of fast-forward through climate change as they drift northward," Scambos said. "All the things that go on in terms of melting on the underside and melting on the surface, they all happen at high speed and dramatically with these large, tabular bergs." [ Images: Antarctica, Iceberg Maker ]

Scambos said researchers are trying to get some high-resolution satellite images of B-15J as it melts away, but it's difficult. The iceberg moves between 10 and 15 miles a day, and it's a challenged to aim the right satellite required for such detailed images ? one operated by Taiwan ? at such a small target.

The major pieces of iceberg B-15 have run through most of the alphabet, Scambos said. "It goes to at least B-15X, but the letter pieces are starting to break off into more pieces ? and below 10 kilometers [6 mi] nobody tracks them, so there are literally thousands of pieces of B-15 floating around," he said.

Reach Andrea Mustain at amustain@techmedianetwork.com. Follow her on Twitter @AndreaMustain. Follow OurAmazingPlanet for the latest in Earth science and exploration news on Twitter @OAPlanet and on Facebook.

? 2011 OurAmazingPlanet. All rights reserved. More from OurAmazingPlanet.

Source: http://www.msnbc.msn.com/id/45829482/ns/technology_and_science-science/

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