Wednesday, October 16, 2013

Coca-Cola's profit rises despite sluggish growth

FILE - In this Monday, July 16, 2012, file photo, a consumer sits outside the entrance to the World of Coca Cola attraction in Atlanta. The Coca-Cola Co. is expected to report quarterly earnings on Tuesday, Oct. 15, 2013. (AP Photo/David Goldman, File)







FILE - In this Monday, July 16, 2012, file photo, a consumer sits outside the entrance to the World of Coca Cola attraction in Atlanta. The Coca-Cola Co. is expected to report quarterly earnings on Tuesday, Oct. 15, 2013. (AP Photo/David Goldman, File)







(AP) — Coca-Cola reported a higher quarterly profit as the world's biggest beverage maker managed to sell more of its drinks despite choppy economic conditions.

The maker of Sprite, Powerade and Vitaminwater said global sales volume edged up 2 percent for its third quarter, helped by its performance in countries such as China, India and Russia.

Still, the company conceded that it was facing an economic slowdown in many parts of the world including Mexico, where the government is also considering a tax on sugary soft drinks.

In a conference call with analysts, CEO Muhtar Kent pushed back at the suggestion that the company's days of growth were coming to an end. He noted that the company is emphasizing affordability and smaller packages to "keep the drinkers base growing" in developing markets.

That strategy is critical for "when economies also start turning up and when disposable incomes start heading north," he said.

Kent also shot down the prospect of the tax in Mexico, saying that such measures don't work and that he didn't want to discuss the matter any further because "the discussions under progress."

"We've made our case to the government," he said. The company stood by its goal to double system-wide sales by 2020, from 2009.

Back in the U.S., where soda has been under fire as well for fueling obesity rates, the Atlanta-based company rolled out smaller cans and bottles of soda that are more profitable and better suit the reduced portions people are seeking. Coca-Cola is also focusing on other drinks, such as flavored water, as Americans continue to cut back on soda.

In North America, for instance, soda volume was flat for the period, following a 4 percent decline in the previous quarter and flat growth a year ago. But uncarbonated drinks such as tea, juice and bottled water rose 5 percent. That lifted overall volume for the region by 2 percent.

Meanwhile, soda sales are faring much better in developing markets. The company said its namesake brand saw volume growth of 22 percent in India. In China, soda volume rose 8 percent.

The company blamed volatile economic conditions for more disappointing results in other parts of the world. In Europe, volume fell 1 percent. Coca-Cola also cited hurricanes for a 2 percent volume decline in Mexico.

For the quarter, the company said it earned $2.45 billion, or 54 cents per share, up from $2.31 billion, or 50 cents per share, a year ago.

Not including one-time items, earnings per share were 53 cents, which was in line with Wall Street expectations.

Revenue fell 3 percent to $12.03, hurt by structural changes and unfavorable currency exchange rates. Analysts had expected $12.05 billion, according to FactSet.

The results for the quarter were boosted by a gain related to a bottling transaction in Brazil.

Shares of Coca-Cola Co. rose 1.6 percent at $38.51. Over the past year, the stock is down almost 1 percent.

____

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Fiancée of shooting victim forgives Charlotte police officer charged with manslaughter

Cache' Heidel, the fiancee' of football player Jonathan Ferrell who was shot and killed by North Carolina police officers after a car wreck, speaks out.

By Gabe Gutierrez, Producer, NBC News

The fiancée of a former football player who was fatally shot ten times by a Charlotte police officer after a car accident, has a surprising message.

“I’ve forgiven him,” Caché Heidel said in an interview with NBC News. “I'm not hateful. I understand it. He was scared. It just hurts.”

Still, one month after Jonathan Ferrell’s death, Heidel is struggling with the pain of what happened that night in mid-September.

"Everything went wrong that evening that could possibly go wrong,” she said, choking back tears.

The night he never came home
Heidel said Ferrell, her 24-year-old fiancé, had dropped off a co-worker and was driving home around 2 a.m. Sept. 14 when he veered off the road, crashed, and ran to a nearby house for help.



A frightened woman thought a burglar was banging on her door and called 911.

“She was afraid,” Heidel said when asked about the woman’s response. “She had a baby. It was 2 in the morning. She just reacted on fear and that’s all that happened that night.”

When three officers arrived, police say Ferrell ran towards them. One officer used a Taser, unsuccessfully, but it’s still unclear why it didn't connect.

Then another officer, Randall Kerrick, fired 12 shots, hitting the unarmed Farrell ten times.

"It hurt me when I found out he pretty much emptied his clip," Heidel said. “It was out of fear. I do feel like he intended to kill him because he was so scared.”

She said she believes  the officer had an “unconscious bias” that he didn’t realize he had “until that moment.”

"I felt like if somebody had just taken a step back and really figured out what was going wrong with him they would have known he didn't cause a threat to anybody," she said.

Kerrick was charged with voluntary manslaughter less than 24 hours after the incident — which was uncharacteristically fast for a police-involved shooting.

His attorney, Michael Greene, declined to comment on Heidel's interview, telling NBC News that his previous statements still summarized the defense team's position.

"We are confident that at the resolution of this case, it will be found that Officer Kerrick's actions were justified," Greene said in September.

National outrage
The case has sparked debate across the country. The president of the Charlotte-Mecklenberg branch of the NAACP, for one, doesn’t think the manslaughter charge is enough.

“When you find out that he shot four times, paused, (then) shot six times, paused, (then) shot two times — that was deliberate murder,” said Rev. Kojo Nantambu.

Still, the NAACP and Ferrell’s family has praised Charlotte Police Chief Rodney Moore for investigating so quickly.

"This is the only time in my career I've ever heard of a police officer being charged with a crime arising out of a shooting the same day," said Scott MacLatchie, an attorney and police training expert.

Yet some police unions are saying the quick charge will have a chilling effect on officers on patrol.



“Officers throughout this country are going to be concerned that they are going to be arrested when actions are taken that are justified,” said Daniel Trelka, the police chief in Waterloo, Iowa. “As such, someone is going to lose their life acting too slowly. “

Civil lawsuit may be next
The North Carolina attorney general is now investigating the case, but Chris Chesnut, the attorney representing Ferrell’s family, said he also plans to file a civil lawsuit.

“This is completely unreasonable,” Chestnut said. “It’s demonstrative of a lack of training. It is frightening — this unconscious bias that leads to 12 shots at an innocent, unarmed victim.”

Ferrell’s family also wants the police dashcam video to be released.

'Sweets'
Meanwhile, Heidel is still without her 'Sweets.'

“I always called him 'Sweets' because he was the sweetest person I ever met,” Heidel said.

They had been engaged for six years after meeting during their junior year of high school. A few years later, he proposed. But they endured a long-distance relationship. He played football for Florida A&M University, but she was in graduate school in Winston-Salem, N.C.

They had recently moved to Charlotte to be together. She was an accountant. He was working two jobs to finish school. He wanted to build engines.

Heidel smiles when she remembers the moment she fell for him. They were driving home from a high school football game. He was pumping gas when he saw a woman digging through the trash. While Heidel waited in the car, she said she saw Ferrell take the woman inside the gas station and bought her food.

“He was someone who felt bad walking past the homeless person on the street,” Heidel says.

But often, she speaks of him the present tense.

“He's my best friend.”

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Woody Allen's new film: 'Magic in the Moonlight'

LOS ANGELES (AP) — Woody Allen has given his next film a name.


Continuing his European intrigue, "Magic in the Moonlight" is set in southern France and stars Colin Firth, Emma Stone, Eileen Atkins, Marcia Gay Harden, Hamish Linklater, Simon McBurney and Jacki Weaver. Co-stars include Erica Leerhsen, Catherine McCormack, Paul Ritter and Jeremy Shamos.


The Gravier Productions film is being produced by Letty Aronson and Stephen Tenenbaum. They've worked on a number of Allen's films, from his latest "Blue Jasmine" to 2001's "The Curse of the Jade Scorpion."


Allen has delivered a full-length feature every year since 1982. "Magic in the Moonlight" marks his 47th time in the director's chair and his first time casting both Firth and Stone.


The film has already begun production and is tentatively set to release in 2014.


Source: http://news.yahoo.com/woody-allens-film-magic-moonlight-211959766.html
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Tuesday, October 15, 2013

Iranians mock Israel PM's jeans remark on social media


Tehran (AFP) - Iranians hit back at Benjamin Netanyahu's suggestion that they were banned from wearing jeans and listening to Western music, mocking the Israeli premier's comments on social websites Monday.


In an interview with BBC Persian television broadcast Saturday, Netanyahu had said "if Iranians were free, they would wear jeans and listen to Western music."


Netanyahu has sought to portray Iranian President Hassan Rouhani -- a moderate elected in June -- as a "wolf in sheep's clothing" in order to maintain international pressure on Tehran over its nuclear programme.


But his comments about jeans and music brought a storm of online mockery from Iranians. By Sunday a Facebook page called "Our jeans in Netanyahu's face, Bibi watch out" had appeared, posting dozens of pictures of young Iranians wearing jeans.


Many young women in Iran wear Western clothes despite a strict Islamic dress code which requires them to cover their hair.


While some Western music, such as rap, is not available in licensed music stores, many young people download foreign artists' work.


By Monday, the page had attracted more than 600 followers, with hundreds of comments.


"He thinks he saw our bomb but he hasn't seen our jeans," one user wrote, referring to Netanyahu's repeated allegations that Iran is trying to acquire nuclear weapons, charges denied by Tehran.


"Even our ancestors wore jeans," another netizen wrote, posting a photoshopped picture of an Achaemenid soldier from 500 BC wearing jeans.


One post showed a photograph of young blue jean-clad fighters during the 1980-1988 Iran-Iraq war.


On Twitter, Iranians posted even more pictures of themselves wearing the supposedly-forbidden jeans and enjoying Western music.


One user uploaded a picture of himself wearing jeans and listening to an album by Australian pop star Missy Higgins.


"Here are my jeans and here's my Western music, idiot!" he tweeted.


Saaman Zahedi posted a picture of himself with a friend in front of a satellite dish with the comment: "here are our jeans, Netanyahu. So shut it," using the hashtag #jeans and #iran.


In the same BBC interview, Netanyahu said Iran’s presidential election was not free and that its people would not have elected Rouhani if they had a real choice.


Rouhani, a moderate cleric, beat his conservative rivals to win the presidential election in June.


He has pledged to reduce online restrictions so that "we are able to access these social network sites" within certain "moral frameworks."


But on Monday Iran's Telecommunications Minister Mahmoud Vaezi said "the ban on networks such as Facebook and Twitter was not supposed to be lifted," despite the presence of accounts affiliated with senior Iranian officials.


When asked about such officials, Vaezi simply replied: "You should ask them."


On September 17, the two networks became briefly accessible, but later Iranian officials explained this had been due to "technical glitch."


Rouhani has launched a diplomatic offensive over Iran's contested nuclear programme aimed at assuaging fears Tehran is trying to develop an atomic bomb.


But Netanyahu has remained deeply sceptical of Rouhani's intentions, insisting that Iran is still a major threat to the Jewish state.


Officially, more than 30 million of Iran's 70 million population have access to the Internet.



Source: http://news.yahoo.com/iranians-mock-israel-pms-jeans-remark-social-media-134207770.html
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Russian Internet Giant Yandex Acquires Top Movie Site KinoPoisk


MOSCOW – Russian internet giant Yandex has bought the country's most popular online movie site, KinoPoisk, for an undisclosed sum.



The move apes the business development model of Google and other popular global search engines on which it is modeled.


KinoPoisk -- known as the "IMDb of Russia," in a reference to the popular English-language online film domain -- attracts around 18 million visitors a month.


PHOTOS: THR Russian Edition Launch Party in Moscow


Like Google, Yandex is expanding and plans to merge its technical capabilities with KinoPoisk -- which means "cinema search" -- to create a video recommendation service, tips on where to see films locally, ticket and DVD purchasing options, and other services using its vast database and sophisticated algorithms.


The Russian search giant is understood to be in talks with all key Russian providers of premium video on-demand service to provide a one-stop shop for paid downloads.


The move comes at a time when Russian legislation is finally beginning to tackle Internet movie piracy and consumers are starting to demand better quality downloads than provided by the illegal "torrents" sites.


KinoPoisk, established in 2003 chiefly for a Russia's university student market, rapidly became a must for movie fans and is now one of the most popular sites on the Russian language internet, colloquially known as the "RuNet."


STORY: Russia's Search Engine Yandex Working on Video Control System


Like IMDb, KinoPoisk is based on aggregating film reviews, industry news and user-generated comments. The site has more than 100 million movie ratings and new ones are added at a rate of three million a month.


In a statement posted Tuesday on the site, founders, Vitaly Tatsiy, KinoPoisk's CEO, and Dmitry Sukhanov, its chief technical officer, said Yandex was "an industry leader that shares our values and way of thinking."


They promised fans of the site that the move marked "a new stage in the life" of the site and their "familiar and beloved KinoPoisk" would not disappear, but would "acquire new functions and features we are sure you will enjoy."


The terms of the deal have not been made public, but KinoPoisk is believed to be worth around $50 million, a sum revealed earlier this year when the site's chief backer AlloCine was looking to sell its 40 percent stake in the business.


Dmitry Stepanov, a spokesman for Yandex, said in a statement that the internet was increasingly where consumers turned for tips on which movies and TV shows to watch.


"In order to provide high-quality answers, we need to have a deep knowledge of the subject matter," Stepanov added.


"KinoPoisk has a huge collection of Russian-language information about films, serials, actors and directors, as well as user and expert reviews amassed over many years."


The site may retain its unique site and identity for a period, but industry observers in Moscow said Tuesday it was likely that its operating team, and possibly the site itself, would eventually be integrated into Yandex.


 


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Lonegan, Booker seize on fiscal stalemate





Democrat Cory Booker and Republican Steve Lonegan crisscrossed the state Monday in the final stretch of their U.S. Senate campaign in New Jersey, each pointing to the fiscal crisis in Washington as a reason he should be elected.


"This is an election that all of America is going to be watching," Booker said before about three dozen students and supporters in Camden, where he met with Mayor Dana L. Redd. "America's going to see what New Jersey wants: Whether we're going to send the tea party and endorse shutdown politics, or are we are going to choose a different way."


Booker, the mayor of Newark, called Lonegan the "tea-party leader of our state," whose support of the partial government shutdown and opposition to federal aid after Hurricane Sandy show him to be out of touch with most voters and members of his own party.


Lonegan also swung through South Jersey, drawing a cheering, sign-waving crowd of about 50 to downtown Medford, where he assured supporters he was about to pull off a "huge victory."





"It's time we rolled back this massive government that is a threat to our freedom," he said from the gazebo across Main Street from the town hall. He predicted that Republicans would emerge victorious from the budget negotiations in Washington.


Lonegan, a former mayor of Bogota, reiterated his support for House Republicans who have pushed for cuts or delays of part of the Affordable Care Act as part of a deal to reopen the government.


"President Obama, Nancy Pelosi, Harry Reid - they'll be the ones who'll fold," he said.


Booker's allies, including his critics on the Newark City Council, mobilized to urge voters to reject what they called the radical views Lonegan would bring to Washington.


In a Web video released Monday, Obama echoed Booker's message, saying New Jersey "has the opportunity to send a message to the entire country about what kind of leadership we expect from our representatives in Congress, that we're better than the shutdown politics we've seen in Washington."


Booker's opponents in the Aug. 13 Democratic primary - U.S. Reps. Frank Pallone and Rush Holt, and Assembly Speaker Sheila Oliver - also voiced support for Booker on Monday.


In a conference call organized by the Booker campaign, Oliver seized on comments by Lonegan's top strategist last week in which he suggested that Booker might be gay because he failed to express sexual interest during a Twitter exchange with an Oregon stripper. Lonegan fired the aide, Rick Shaftan, on Friday, calling his comments "distasteful and offensive."


"Mr. Lonegan's positions and indeed his own previous statements are just as reflective of this disrespect for and misjudgment of people as his strategist's statements are," Oliver said.


Booker reflected on the death of his father, Cary, last week. "I know the best way to honor my father's memory is not to be one of those leaders . . . who talks about the lines that divide us but who elevate those ties that bind us," he said in Camden, where he was joined by his brothers, Cary and John.


Two polls released Monday provided conflicting information on the direction of the race. A Rutgers-Eagleton poll gave Booker a 22-point lead, while a Monmouth University Polling Institute survey gave him a 10-point edge.


Lonegan said his gains in the polls were evidence of momentum, "and it's not going to be stopped."


The wide range underscored confusion and unpredictability about Wednesday's special election, which Gov. Christie called for in June after Sen. Frank R. Lautenberg died. Democrats have criticized Christie, a Republican seeking reelection, for not scheduling the election for Nov. 5, the same day as the statewide elections.


In an embarrassing moment Monday, the Republican National Committee urged voters via Twitter to go to the polls Tuesday. It later deleted the tweet and correctly said the election was Wednesday.


A spokesman for State Sen. Barbara Buono, the Democrat in New Jersey's gubernatorial race, said, "The only thing clear about Gov. Christie's self-serving decision to hold a $24 million special election on a Wednesday in October is that it confuses everyone - even the Republican National Committee."


Christie has said voters needed to have an elected senator as soon as possible.


Even Obama made pains to remind voters of the election date. "Be sure and vote for Cory on Wednesday - that's right, Wednesday - Oct. 16," he said in the video.


 



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Balls of clay could have provided prehistoric data storage


9 hours ago

Archaeologists are using CT scanning and 3-D modeling to crack a lost prehistoric code hidden inside clay balls, dating to some 5,500 years ago, found in Mesopotamia.

Anna Ressman/Courtesy Oriental Institute of the University of Chicago.

Archaeologists are using CT scanning and 3-D modeling to crack a lost prehistoric code hidden inside clay balls, dating to some 5,500 years ago, found in Mesopotamia.

Researchers studying clay balls from Mesopotamia have discovered clues to a lost code that was used for record-keeping about 200 years before writing was invented.

The clay balls may represent the world's "very first data storage system," at least the first that scientists know of, said Christopher Woods, a professor at the University of Chicago's Oriental Institute, in a lecture at Toronto's Royal Ontario Museum, where he presented initial findings.

The balls, often called "envelopes" by researchers, were sealed and contain tokens in a variety of geometric shapes — the balls varying from golf ball-size to baseball-size. Only about 150 intact examples survive worldwide today. [See Photos of the Clay Balls & Lost Code]

The researchers used high-resolution CT scans and 3-D modeling to look inside more than 20 examples that were excavated at the site of Choga Mish, in western Iran, in the late 1960s. They were created about 5,500 years ago at a time when early cities were flourishing in Mesopotamia.

Researchers have long believed these clay balls were used to record economic transactions. That interpretation is based on an analysis of a 3,300-year-old clay ball found at a site in Mesopotamia named Nuzi that had 49 pebbles and a cuneiform text containing a contract commanding a shepherd to care for 49 sheep and goats.

How these devices would have worked in prehistoric times, before the invention of writing, is a mystery. Researchers now face the question of how people recorded the number and type of a commodity being exchanged without the help of writing.

Peering inside
The CT scans revealed that some of the balls have tiny channels, 1-2 millimeters (less than one-tenth of an inch) across, crisscrossing them. Woods said he's not certain what they were used for, but speculates the balls contained fine threads that connected together on the outside. These threads could have held labels, perhaps made out of wax, which reflected the tokens within the clay balls.

The tokens within the balls come in 14 different shapes, including spheres, pyramids, ovoids, lenses and cones, the researchers found. Rather than representing whole words, these shapes would have conveyed numbers connected to a variety of metrological systems used in counting different types of commodities, Woods suggested. One ovoid, for instance, might mean a certain unit, say 10, which was used while counting a certain type of commodity.

The information researchers have obtained about clay balls found in Mesopotamia may make it possible, in time, to crack the prehistoric code hidden inside.

Photo by Anna Ressman/Courtesy Oriental Institute of the University of Chicago.

The information researchers have obtained about clay balls found in Mesopotamia may make it possible, in time, to crack the prehistoric code hidden inside.

The researchers, however, were perplexed when their CT scans found one clay ball containing tokens made of a low-density material, likely bitumen, a petroleum substance. "When we make a three-dimensional model of the cavity you get this very strange amoeba like-looking shape," Woods said during the lecture.

The tokens, in this instance, had air bubbles around them, suggesting they were wrapped in cloth before being put in the ball, the cloth disintegrating over time. In addition, it appears that a liquid, likely liquid bitumen, was poured over the tokens after they were inserted into the balls. What someone was trying to communicate by creating such tokens is unknown.

"That's a mystery," Woods told LiveScience in an interview. "I don't really have a good answer for that," he said, adding that the bitumen tokens may represent a divergent accounting practice, or, perhaps even, that the transaction recorded involved bitumen.

In ancient Mesopotamia bitumen was used as an adhesive and to waterproof things like baskets, boats and the foundations of buildings, Woods said. [In Photos: Treasures from Mesopotamia]

Cracking the prehistoric code
All of the clay balls contain, on the outside, one "equatorial" seal (running through the middle) and quite often two "polar" seals, running above and below.

The equatorial seals tend to be unique and more complex containing what appear to be mythological motifs; for instance a ball from the Louvre Museum shows human figures fighting what appear to be serpents. The polar seals, on the other hand, are repeated more often and tend to have simpler geometric motifs.

Based on this evidence, Woods hypothesizes the seal in the middle represents the "buyer" or recipient; the polar seals would represent the "seller" or distributor and perhaps third parties who would have participated in the transaction or acted as witnesses.

Many people would have acted as the buyers, but only a limited number of sellers or distributors would have been around to transact business with, explaining why the polar seals are repeated more often. 

After a transaction of some importance was complete, one of these clay devices was created to serve as a "receipt" of sorts for the seller, as a record of what was expended. "There's a greater necessity to keep track of things that have been expended than things that are on hand," Woods said in the lecture.

Deciphering what transaction each clay ball represented is a trickier problem. Woods suspects the tokens represent numbers and metrical units. It's possible that, through the different token shapes, people in prehistoric times communicated numbers and units in a way similar to how the first scribes did 200 years later when writing was invented. If that's the case, Woods and other scientists may be able, in time, to crack the code by uncovering how token types cluster and vary.

"If they are, then there is at least some hope of deciphering the envelopes and with it uncovering the earliest evidence for complex numerical literacy," Woods said.

Technological achievement
The amount of detail the scientists gleaned from the CT scans and 3-D modeling was extraordinary, Woods said during the lecture. "We can learn more about these artifacts by non-destructive testing than we could by physically opening the envelopes," he said.

Woods will publish the full research results in the future and plans to put the images and 3D models online.

To peer inside the balls Woods worked with Jeffrey Diehm, who arranged for them to be CT scanned on a state-of-the-art industrial scanner (which is better suited for this work than a medical version), and Jim Topich, who had the CT images converted into detailed, dissectible, 3-D models. Diehm was with North Star Imaging in Minnesota at the time the scans were done in 2011 (he is now the managing director of Avonix Imaging) and Topich is director of engineering and design at Kinetic Vision in Cincinnati. 

The Royal Ontario Museum has a special exhibition on Mesopotamia that runs to Jan. 5, 2014. Woods' presentation is part of a lecture series that is appearing along with it.

Follow us @livescience, Facebook & Google+. Original article on LiveScience.

Copyright 2013 LiveScience, a TechMediaNetwork company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.








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