JIG meets Monday, June 18 at my house.
See you there!
Betsy
NOTICE: Unless restricted by law, email correspondence to and from Anoka County government offices may be public data subject to the Minnesota Data Practices Act and/or may be disclosed to third parties.
JIG meets Monday at my place. See you there.
Sent from my iPhone
NOTICE: Unless restricted by law, email correspondence to and from Anoka County government offices may be public data subject to the Minnesota Data Practices Act and/or may be disclosed to third parties.
JIG meets Monday at my place.
I mailed the partnership tax forms today.
Betsy
NOTICE: Unless restricted by law, email correspondence to and from Anoka County government offices may be public data subject to the Minnesota Data Practices Act and/or may be disclosed to third parties.
JIG meets Monday at my house. If I don't get them to you this weekend, I will have your Schedule K-1 tax forms ready for you then as well.
Betsy Kremser
Planner/Policy Analyst
Anoka County Community Health & Environmental Services
2100 3rd Ave., Ste. 600
Anoka, MN 55303-5041
Phone: 763-323-6096, Fax: 763-422-6988
Email: Betsy.Kremser(a)co.anoka.mn.us<mailto:Betsy.Kremser@co.anoka.mn.us>
NOTICE: Unless restricted by law, email correspondence to and from Anoka County government offices may be public data subject to the Minnesota Data Practices Act and/or may be disclosed to third parties.
I found these while looking for something else.
APPLE INC. (AAPL; 448.26)*
Latest Report page 1400 1-6-12
Technology heavyweight Apple has reported stellar results for the first quarter of fiscal 2012 (ends September 29th), which has propelled its stock to a fresh 52-week high. In fact, share net of $13.87 for the December interim trounced our $9.50 call and Wall Street's consensus estimate of $10.16, as consumers, from the United States to Japan, gobbled up the company's latest smartphone offering, the iPhone 4S. (A total of 37 million iPhones, including older versions of the device, were sold, 128% more than the year-earlier period.) iPad sales were also quite strong, despite fears that demand for the tablet would wane as more Android-powered products hit the market and Amazon rolled out its new Kindle Fire reader. And the gross margin came in much higher than anticipated, thanks to heightened operating leverage, stable ASPs (average selling prices), favorable component pricing, and a mix shift toward the profitable smartphone category.
Looking ahead, we believe that Apple's momentum will persist throughout the year, as the company launches its latest iPhone in new countries overseas (e.g., China), penetrates the large enterprise market, and continues to gain ground in the traditional computing space with its Mac line. (Demand for the MacBook Air and Pro laptops has been especially brisk of late.) An update to the iPad franchise (expected sometime within the next few months) will probably be a plus, too, and help Apple stay a step ahead of its competitors.
In light of the excellent first-quarter results, we are increasing our fiscal 2012 bottom-line estimate by $8.50, to $43.00 a share. What's more, we are continuing to recommend these shares to both short- and long-term investors. Indeed, despite its sharp rally over the past couple of years, the issue still appears inexpensive relative to the company's growth rate and earnings prospects to mid-decade. The stock is also a fairly safe play, owing to Apple's debt-free, cash-rich balance sheet.
J.H.
* The earnings estimates presented herein supersede the figures found in the Summary & Index included in Issue 10 of The Value Line Investment Survey, dated 1-27-12.
Report Prepared on 1-25-12
MEN'S WEARHOUSE (MW; 31.42)*
Latest Report page 2224 11-4-11
Men's Wearhouse, an off-price retailer of tailored clothing, has reported October-period (ended October 29th) earnings of $0.77 a share. This compared favorably to our $0.64 estimate and was well above the year-earlier tally of $0.47. The chain continued to benefit from a renewed interest in men's apparel. Indeed, retail sales rose 5.9%, helped by higher unit prices and more units sold per transaction. Tuxedo rental services, also bolstered by higher average unit prices, increased a better-than-expected 1.9%.
The company expects to lose between $0.12 and $0.15 a share in its seasonally slow January period, which would result in a profit in the $2.21-$2.24 range for the whole of fiscal 2011. Our estimate is $2.23 a share, $0.13 higher than our previous call. Additionally, our fiscal 2012 bottom-line forecast has increased by a dime, to $2.50 a share. We note that management's optimism was reflected by the fact that it repurchased 500,000 shares at an average price of $29.98 a share in the October term.
J.H.K.
* The earnings estimates presented herein supersede the figures found in the Summary & Index included in Issue 3 of The Value Line Investment Survey, dated 12-9-11.
Report Prepared on 12-7-11
MERCK & CO. (MRK; 38.15)*
Latest Report page 1616 1-13-12
Merck, the second-largest drugmaker in the United States, has reported solid fourth-quarter earnings of $0.97 a share, surpassing our estimate of $0.94. Sales during the period fell just short of our expectation, but lower acquisition and restructuring charges helped pick up the slack and drive the bottom-line outperformance. There was little reaction on Wall Street, and Merck shares moved modestly lower in a generally weaker drugmaking group.
Total quarterly revenue increased 1.7%, year over year, to $12.3 billion, as double-digit sales gains for Januvia, Janumet, Isentress, and Gardasil helped to offset declines in Remicade (-28%) and Vytorin (-16%). Sales of the company's top-selling product, Singulair, continued to exhibit strong growth, rising 8%, to $1.46 billion.
In our view, the key focus for the year ahead will be the quickly approaching patent expiration of Singulair, which is scheduled for later this year. The company is still feeling the effects of generic competition for its blood pressure drugs Cozaar/Hyzaar, and the loss of Singulair is expected to add significant pressure. To wit, management indicated that adjusted share earnings in 2012 would likely come in between $3.75 and $3.85, which is marginally higher than the $3.77 the company earned in the year just ended. Consequently, we have trimmed a dime from our 2012 earnings estimate, which now stands at $3.80 a share.
On the bright side, Merck has been one of the few drug companies to maintain an investment in its pipeline during the most recent recession and the slow, uneven recovery that followed. This investment should help mitigate some of the longer-term effects of patent expiration, as new products are developed and transformed into meaningful top-line components. Indeed, management plans to file five major drugs for approval between 2012 and 2013.
Looking down the road, we have become increasingly encouraged with Merck's business development plans and the health of its pipeline. While patent expirations will likely play a factor in the near term, we believe new product contributions and continued growth of its existing product base should be enough to ensure long-term stability. At present, Merck stock holds a superior Safety rank (1), and the company's Financial Strength score is excellent. Conservative income-oriented investors may find appeal in the stock's above-average dividend yield and well-covered payment.
M.R.
* The earnings estimates presented herein supersede the figures found in the Summary & Index included in Issue 11 of The Value Line Investment Survey, dated 2-3-12.
Report Prepared on 2-2-12
--
------------------------------
* Dr. James Ellingson, jellings(a)me.umn.edu *
* mobile : 651/645-0753 *
* Great Lakes Brewing News, 1569 Laurel Ave., St. Paul, MN 55104 *
* james(a)brewingnews.com James.Ellingson(a)StThomas.edu *
This is the group that Jim was talking about at the meeting - they use engineering students to develop some of their products! m
----- Original Message -----
From: Compatible Technology Intl
To: skan(a)umn.edu
Sent: Wednesday, February 22, 2012 1:02 PM
Subject: Tackling Hunger with Innovation
Having trouble viewing this email? Click here
"I believe innovation is the most powerful force for change in the world." - Bill Gates
Support Us
Quick Links
VIDEO: KARE 11 Segment on CTI's Founder
Minnesota Public Radio Report on Breadfruit Contest
VIDEO: Nourishing the Planet Blog highlights CTI innovations
Blog: CTI Grinders Make a "Profound Difference" in Haiti
Connect
Join Our List
TACKLING HUNGER WITH BREADFRUIT TOOLS
Breadfruit is a high-carbohydrate fruit that grows in abundance in tropical nations that struggle with hunger and poverty. Breadfruit has been long recognized for its potential to alleviate hunger in countries like Haiti, but there's just one problem: fresh breadfruit rots in 48 hours.
But if poor communities were able to make flour out of breadfruit, locally produced breadfruit flour could replace expensive imported cereals and increase food security.
Compatible Technology International (CTI), with help from a team of engineers, researchers and breadfruit experts, is developing a set of tools that will allow villagers to process breadfruit into shelf-stable flour.
Shredder
CTI has designed a manually-operated shredder that shreds breadfruit into small strips that are optimally shaped for quick drying. Engineers at CTI and the University of Saint Thomas (UST) reached the current shredder design after testing other concepts with communities in Haiti.
Drier
After they are shredded, the breadfruit strips must be dried quickly to prevent spoiling. To source the best technologies for this crucial step, UST recently organized and judged a contest challenging teams to develop a simple, effective and affordable breadfruit drying structure.
The first place winner of the contest is a team of long-time CTI volunteers, and second place is a team from the University of California, Davis. In March, both teams will travel to Hawaii to present their designs at the Breadfruit Institute, a division of the National Tropical Botanical Garden.
Grinder
Once dried, breadfruit strips can easily be ground into flour by villagers using CTI's grinder. The breadfruit processing system will go through rigorous tests at the Breadfruit Institute before being deployed in the Caribbean.
Breadfruit flour could be an important microenterprise opportunity and an untapped source of nutrition for food insecure communities. With your help, we can get these and other innovations into the hands of the communities that need them.
GET TO KNOW CTI BETTER
We have scheduled a "Get to Know CTI" session on Tuesday, February 28 from 6:30-8PM. We encourage you to spread the word to friends, family and coworkers who may be interested in learning about our work and mission. This event will give them a chance to ask questions about CTI, tour our workshop and technology displays and to have an opportunity to grind some corn and process pearl millet. Please email Nancy (nancy(a)compatibletechnology.org) and let her know if you are able to join us for the session. Snacks and beverages will be served.
Compatible Technology International
For 30 years, nonprofit Compatible Technology International (CTI) has been creating practical food and water tools for the developing world. By helping communities produce food more efficiently and effectively, CTI offers the world's poorest populations sustainable pathways to economic freedom. For more information about CTI, visit www.compatibletechnology.org.
Forward email
This email was sent to skan(a)umn.edu by cti(a)compatibletechnology.org |
Update Profile/Email Address | Instant removal with SafeUnsubscribeT | Privacy Policy.
Compatible Technology International | 800 Transfer Road | Suite 6 | St. Paul | MN | 55114
JIG meets Monday evening at my house.
Betsy
Sent from my iPhone
NOTICE: Unless restricted by law, email correspondence to and from Anoka County government offices may be public data subject to the Minnesota Data Practices Act and/or may be disclosed to third parties.
At least half of us are OK with skipping the January JIG meeting and next convening on February 20, 2012. However, please send me checks for your January JIG contributions at:
Betsy Kremser
1373 Spencer Rd W
Saint Paul, MN 55108-5206
On December 28, 2011, we did purchase 100 shares of Kraft @ 37.31 ($3,740.83) and 100 shares of Verizon @ 39.81 ($3,990.83). Prior to January contributions, we have a cash balance of $2,671.24.
NOTICE: Unless restricted by law, email correspondence to and from Anoka County government offices may be public data subject to the Minnesota Data Practices Act and/or may be disclosed to third parties.
No JIG Monday. Would January 30 work as an alternate date?
Sent from my iPhone
NOTICE: Unless restricted by law, email correspondence to and from Anoka County government offices may be public data subject to the Minnesota Data Practices Act and/or may be disclosed to third parties.
Just a reminder that the JIG holiday gathering is at Maryellen's on Monday. See you there!
Betsy
NOTICE: Unless restricted by law, email correspondence to and from Anoka County government offices may be public data subject to the Minnesota Data Practices Act and/or may be disclosed to third parties.
