FILE - In this Aug. 30, 2012 file photo, a man demonstrates the new Samsung Galaxy Note II smart phone during a media preview at the Samsung stand at the IFA consumer electric fair in Berlin. Corning Inc., maker of the Gorilla Glass featured on many mobile devices, including the Galaxy Note II, on Tuesday, Oct. 22, 2013 announced a tie-up with a Samsung Electronics subsidiary that will boost the glass maker's earnings immediately and guarantees that it will supply Samsung with liquid crystal display glass through 2023. (AP Photo/Markus Schreiber, File)
FILE - In this Aug. 30, 2012 file photo, a man demonstrates the new Samsung Galaxy Note II smart phone during a media preview at the Samsung stand at the IFA consumer electric fair in Berlin. Corning Inc., maker of the Gorilla Glass featured on many mobile devices, including the Galaxy Note II, on Tuesday, Oct. 22, 2013 announced a tie-up with a Samsung Electronics subsidiary that will boost the glass maker's earnings immediately and guarantees that it will supply Samsung with liquid crystal display glass through 2023. (AP Photo/Markus Schreiber, File)
CORNING, N.Y. (AP) — Shares of Corning Inc. jumped Tuesday after it announced a new tie-up with a Samsung Electronics subsidiary that will boost the glass maker's earnings immediately and guarantees that it will supply Samsung with liquid crystal display glass through 2023.
Corning, the maker of Gorilla Glass screens for smartphones and tablets, will acquire the South Korean company's 43 percent stake in Samsung Corning Precision Materials, an LCD glass joint venture in Korea, and will buy out other minority shareholders.
The joint venture makes glass substrates, the key material in high-end LCD televisions, monitors and mobile devices.
In exchange for giving up its stake in the venture, Samsung Display will receive $1.9 billion worth of Corning preferred shares. It will also invest another $400 million in preferred shares of Corning. If converted, the shares would give Samsung Display a 7.4 percent stake in Corning. They are not convertible for seven years.
The transactions are expected to close in the first quarter of 2014.
Corning said its board had also approved buying back $2 billion worth of its shares, which it expects will cover the dilutive effect of issuing preferred shares to Samsung Display.
Taking over the venture gives Corning immediate access to $1.2 billion in cash on the joint venture's balance sheet. The company believes it will add $2 billion in annual sales and 20 percent to earnings, excluding one-time items, in 2014 and 2015.
Part of the benefit comes from the share buyback as well as $100 million in expected cost savings in 2015.
Shares of the Corning, N.Y.-based company rose 25 percent to $19.24 in after-hours trading.
Corning also said Tuesday that it expects to earn 33 cents per share in the third quarter, excluding one-time items. That beats Wall Street's prediction by a penny. It also said revenue rose 5 percent to $2.1 billion, in line with analysts' expectations. The company will release full results for the July-September quarter on Oct. 30.
CU awarded $48.4 million from NIH to advance translational research from bench to bedside
PUBLIC RELEASE DATE:
22-Oct-2013
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Contact: Jackie Brinkman jackie.brinkman@ucdenver.edu 303-724-1525 University of Colorado Denver
AURORA, Colo. (Oct. 22, 2013) Research has found that what is most important to an aging senior citizen is independence. A collaborative study through the Colorado Clinical and Translational Sciences Institute (CCTSI) and the Center for African American Health is working with African American women to discuss the importance of walking. Yes, the simple act of walking allows seniors to keep their independence, keep their balance, keep them in their homes and keep them healthy.
This is one of many programs that the CCTSI is helping to fund. And that funding just got a big addition.
CCTSI has received a $48.4 million, five-year grant from the National Institutes of Health to continue to accelerate the translation of research discoveries into improved patient care and public health. CU is just one of 15 institutions in the U.S. selected this month to receive an NIH Clinical and Translational Science Award, or CTSA.
"This award allows us to continue seamless and safe translation of biomedical research. The clinical discoveries that are made will help improve human health," said Richard Traystman, PhD, vice chancellor of research.
"The CCTSI has made great strides and we fully support the work facilitated by both clinical and research scientists which ultimately impact the lives of our community," said Richard D. Krugman, MD, vice chancellor for health affairs and dean of the School of Medicine.
The CCTSI is a collaborative enterprise between the University of Colorado Denver|Anschutz Medical Campus, CU Boulder, Colorado State University and six major hospitals. These hospitals are: University of Colorado Hospital, Children's Hospital Colorado, Denver Health, National Jewish Health, Denver Veterans Affairs Medical Center and Kaiser Permanente of Colorado. CCTSI also includes health care organizations and local communities, both rural and inner city.
"We appreciate the NIH's continued support and commitment to our Institute. This award allows us to be a continuous voice in the broader discussion of improving health while reducing costs," said Ronald J. Sokol, MD, principal investigator and CCTSI director.
Some of the goals of the CCTSI are to:
Expand the statewide academic home for clinical and translational research.
Implement new clinical research management strategies to improve quality, safety, efficiency, cost-effectiveness and innovative team science as well as introduce new software systems and workflows.
Centralize the delivery of resources, services and technologies.
Incorporate key concepts of community engagement into the full spectrum of translational research.
Increase the translational research workforce capacity through a broad curriculum of education, training and career development opportunities.
A rigorous tracking, assessment and evaluation program with a formal quality and process improvement component will ensure the best use of resources while protecting the safety of research study participants. These programs are centralized at the CU Anschutz Medical Campus.
The NIH started the CTSA program in 2006 as a research vehicle in the health care reform movement to provide higher quality and more affordable health care. CU received its first round of CTSA funding in 2008.
Since 2008, the CCTSI has
Established new infrastructure and improved resources and services for investigators
Tripled the number of training and education programs supporting the lifespan of an investigational career;
Administratively centralized and expanded the breadth of clinical research capacity and expertise;
Established system-wide informatics capabilities
Promoted team science and encouraged interdisciplinary research through pilot grant programs and technology cores;
Established an extensive community engagement program, from small towns to the inner city, from professors to farmers.
Streamlined processes and reduced the regulatory burden for investigators
Created an academic home for clinical and translational scientists and trainees.
Eventually, though innovative research and dissemination, CCTSI should help improve the health care of all of Colorado's more than 4 million residents and the 1,300 physician practices and 300 hospitals that serve them.
###
A recognized national leader in health care and life sciences, the University of Colorado Anschutz Medical Campus provides 21st century education, collaboration and research opportunities to more than 3,900 students across six schools and colleges, receives over $400 million in annual research awards, and contributes to invaluable research and innovation that fuels Colorado's economy. Learn more at ucdenver.edu/anschutz.
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AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
CU awarded $48.4 million from NIH to advance translational research from bench to bedside
PUBLIC RELEASE DATE:
22-Oct-2013
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Contact: Jackie Brinkman jackie.brinkman@ucdenver.edu 303-724-1525 University of Colorado Denver
AURORA, Colo. (Oct. 22, 2013) Research has found that what is most important to an aging senior citizen is independence. A collaborative study through the Colorado Clinical and Translational Sciences Institute (CCTSI) and the Center for African American Health is working with African American women to discuss the importance of walking. Yes, the simple act of walking allows seniors to keep their independence, keep their balance, keep them in their homes and keep them healthy.
This is one of many programs that the CCTSI is helping to fund. And that funding just got a big addition.
CCTSI has received a $48.4 million, five-year grant from the National Institutes of Health to continue to accelerate the translation of research discoveries into improved patient care and public health. CU is just one of 15 institutions in the U.S. selected this month to receive an NIH Clinical and Translational Science Award, or CTSA.
"This award allows us to continue seamless and safe translation of biomedical research. The clinical discoveries that are made will help improve human health," said Richard Traystman, PhD, vice chancellor of research.
"The CCTSI has made great strides and we fully support the work facilitated by both clinical and research scientists which ultimately impact the lives of our community," said Richard D. Krugman, MD, vice chancellor for health affairs and dean of the School of Medicine.
The CCTSI is a collaborative enterprise between the University of Colorado Denver|Anschutz Medical Campus, CU Boulder, Colorado State University and six major hospitals. These hospitals are: University of Colorado Hospital, Children's Hospital Colorado, Denver Health, National Jewish Health, Denver Veterans Affairs Medical Center and Kaiser Permanente of Colorado. CCTSI also includes health care organizations and local communities, both rural and inner city.
"We appreciate the NIH's continued support and commitment to our Institute. This award allows us to be a continuous voice in the broader discussion of improving health while reducing costs," said Ronald J. Sokol, MD, principal investigator and CCTSI director.
Some of the goals of the CCTSI are to:
Expand the statewide academic home for clinical and translational research.
Implement new clinical research management strategies to improve quality, safety, efficiency, cost-effectiveness and innovative team science as well as introduce new software systems and workflows.
Centralize the delivery of resources, services and technologies.
Incorporate key concepts of community engagement into the full spectrum of translational research.
Increase the translational research workforce capacity through a broad curriculum of education, training and career development opportunities.
A rigorous tracking, assessment and evaluation program with a formal quality and process improvement component will ensure the best use of resources while protecting the safety of research study participants. These programs are centralized at the CU Anschutz Medical Campus.
The NIH started the CTSA program in 2006 as a research vehicle in the health care reform movement to provide higher quality and more affordable health care. CU received its first round of CTSA funding in 2008.
Since 2008, the CCTSI has
Established new infrastructure and improved resources and services for investigators
Tripled the number of training and education programs supporting the lifespan of an investigational career;
Administratively centralized and expanded the breadth of clinical research capacity and expertise;
Established system-wide informatics capabilities
Promoted team science and encouraged interdisciplinary research through pilot grant programs and technology cores;
Established an extensive community engagement program, from small towns to the inner city, from professors to farmers.
Streamlined processes and reduced the regulatory burden for investigators
Created an academic home for clinical and translational scientists and trainees.
Eventually, though innovative research and dissemination, CCTSI should help improve the health care of all of Colorado's more than 4 million residents and the 1,300 physician practices and 300 hospitals that serve them.
###
A recognized national leader in health care and life sciences, the University of Colorado Anschutz Medical Campus provides 21st century education, collaboration and research opportunities to more than 3,900 students across six schools and colleges, receives over $400 million in annual research awards, and contributes to invaluable research and innovation that fuels Colorado's economy. Learn more at ucdenver.edu/anschutz.
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Share
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AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Zeffy-poo and all his gorgeous, gentlemanly glory hole have done it again!
The last That Awkward Moment clip we thrusted in your face was chock-full of Zac Efron's brilliant bonerz and beautifully bare ass; watching it was pretty much the most glorious two minutes of our life!
This latest trailer isn't quite as fabulously raunchy, but it's still triple HIGHlarious and legitimately safe to view at work!!!
What, with this tough economy and all, we'd hate for you to get fired from the real bank while making a deposit in the spank bank!!!
So, ch-ch-check out the new and improved family friendly trailer (above)!
Yum!!! Even partially clothed, this hot hunk is pretty much the most delicious meal in the Universe!
That Awkward Moment hits theaters January 31, 2014.
Golf Channel analyst Brandel Chamblee says he insinuated that Tiger Woods cheated and gave the world's No. 1 player an "F'' for his five-win season in a column he wrote for Golf.com because "ethics matter more than athletics."
Chamblee saved Woods for last in his report card of 14 players in a column posted last week. He told of getting caught cheating on a math test in the fourth grade, and how the teacher crossed a line through his "100" and gave him an "F."
Chamblee followed that anecdote by writing, "I remember when we only talked about Tiger's golf. I miss those days. He won five times and contended in majors and won the Vardon Trophy and ... how shall we say this ... was a little cavalier with the rules." He then gave Woods a "100" with a line through it, followed by the "F."
Mark Steinberg of Excel Sports Management, the agent for Woods, was so incensed that he released a statement to ESPN.com that accused Chamblee of a desperate attempt to garner attention. In an interview with ESPN.com, Steinberg said he would "have to give some thought to legal action."
Steinberg did not reply to an email from The Associated Press.
No other golfer evokes such a mixture of praise and criticism than Woods, the main attraction of any sport for nearly 20 years. Chamblee's column struck a nerve with many, however, because of the implication that three rules violations and a penalty drop involving Woods amounted to cheating — the strongest accusation possible in golf.
Woods accepted a two-shot penalty in Abu Dhabi for taking relief from an embedded ball in a sandy area covered with vegetation. Augusta National gave him a two-shot penalty for taking the wrong drop in the second round of the Masters. And the PGA Tour gave him a two-shot penalty after his second round of the BMW Championship when video evidence showed that his ball moved slightly from behind the first green.
Also in question — at least on Internet blogs — was the drop Woods took on the 14th hole of the TPC Sawgrass during the final round of The Players Championship. Woods checked with playing partner Casey Wittenberg on where to take the penalty drop, which is standard procedure. Wittenberg said it was the correct spot.
Chamblee never says outright he thinks Woods cheated. That was by design.
"I think 'cavalier with the rules' allows for those with a dubious opinion of the BMW video," Chamblee said Tuesday in an email to the AP. "My teacher in the fourth grade did not have a dubious opinion of how I complete the test. But she was writing to one, and as I was writing to many, I felt it important to allow for the doubt some might have, so I chose my words accordingly.
"What people want to infer about that is up to them," he said. "I have my opinion, they can form theirs."
Video shows Woods' ball move as he tried to remove a small branch from in front of it at the BMW Championship. He maintained it only wobbled and returned to its original position. Woods watched the video in the rules trailer after the round, but still maintained it only oscillated. The tour docked him two shots.
"I don't feel I'm the one that needs to justify the 'F.' The BMW video does it for me, followed by Tiger's silence — until confronted — and then by his denials in the face of incontestable evidence to the contrary of his petitions," Chamblee said. "To say nothing of the fact that he was disrespecting his position in golf, the traditions of golf and his fellow competitors, in my opinion."
Chamblee, who has developed a reputation of being critical of Woods' swing and golf game, is a contributor to "SI Golf Plus," which is not affiliated with Golf Channel.
Golf Channel declined to comment.
"I suspected there would be the usual assortment of divisive banter about me giving Tiger an 'F,' but as it turns out, it was a slow week in golf, so with no much to do, my column got more attention than it should have," Chamblee said.
He was most surprised by Steinberg's comments to ESPN.com.
Woods' longtime agent told the website, "There's nothing you can call a golfer worse than a cheater. This is the most deplorable thing I have seen. I'm not one for hyperbole, but this is absolutely disgusting. Calling him a cheater? I'll be shocked, stunned, if something is not done about this. Something has to be done. There are certainly things that just don't go without response. It's atrocious. I'm not sure if there isn't legal action to be taken. I have to give some thought to legal action."
Asked if he was rattled by Steinberg's consideration of legal action, Chamblee replied, "No."
"I thought it incomprehensible that anyone with the slightest understanding of libel laws wouldn't know the definition of and the difference between libel and opinion," Chamblee said.
Woods was voted PGA Tour player of the year by his peers for the 11th time. He is not expected to play again until a European Tour event Nov. 7-10 in Turkey, followed by his Northwestern Mutual World Challenge on Dec. 5-8 in California.
Chamblee said he did not consider whether the column would jeopardize — or enhance — his position at Golf Channel.
"I'm paid to have and give an opinion, and I work hard to form those opinions based upon facts, not agenda," he said. "I don't always get it right but I'm always trying to get it right. And I know the people I work for know that."
WASHINGTON (AP) — Gov. Chris Christie's decision to stop fighting gay marriage in New Jersey was pragmatic — same sex weddings had already begun and a court warned that the state would have little chance of overturning them. But the move also reflects Christie's bid to cast himself as leader of a welcoming GOP as he seeks re-election and ponders a White House bid.
Friends and foes describe the move simply as Christie being Christie.
The tell-it-like-it-is governor is signaling that he won't be intimidated by a vocal conservative minority that usually wields great influence in Republican presidential politics. And with political divisions deepening in the Republican Party, Christie is betting his political future that the GOP and the nation ultimately would embrace an unapologetic compromiser capable of attracting a broad coalition of voters — as he's expected to do in gubernatorial voting in two weeks.
There are clear risks.
While national public opinion is evolving, Republicans who oppose gay marriage traditionally dominate GOP politics in early-voting states on the presidential calendar such as Iowa and South Carolina.
"Abandoning foundational principles that go beyond politics is not the way to get positive attention in South Carolina," said Bob McAlister, a veteran South Carolina-based Republican strategist, adding that Christie's latest move "is absolutely going to hurt him."
Christie remains personally opposed to gay marriage.
He vetoed a bill approved by the legislature last year to legalize the practice. When a trial-level judge ruled last month that the state must allow same-sex couples to wed, Christie appealed that ruling to the state Supreme Court.
The high court agreed to take up the case but unanimously refused to delay the start of gay weddings in the meantime, saying the state had little chance of prevailing in its appeal. And just hours after gay couples began exchanging vows on Monday, Christie announced that he was withdrawing his appeal.
The decision makes New Jersey the 14th state to legalize gay marriage.
Advisers to the governor said that in dropping the appeal, Christie stayed true to his principles.
"Although the governor strongly disagrees with the court substituting its judgment for the constitutional process of the elected branches or a vote of the people, the court has now spoken clearly as to their view of the New Jersey Constitution and, therefore, same-sex marriage is the law," Christie spokesman Michael Drewniak said in a statement.
Some Republicans wanted Christie to fight harder.
He's in much the same situation as 2012 Republican presidential nominee Mitt Romney, who was governor when the Massachusetts Supreme Court legalized same-sex marriage almost a decade ago.
Romney, too, said he was forced to comply with the rule of law once it was settled by the courts. But that wasn't enough to win over many skeptical conservatives. Their skepticism helped force a long and expensive primary fight against former Pennsylvania Sen. Rick Santorum, whose underdog campaign was largely fueled by his opposition to gay marriage and abortion.
Rudy Giuliani, the former Republican presidential contender and New York City mayor, also struggled to gain traction in 2008 after embracing abortion rights and legal benefits for same-sex couples. That same year, former Arkansas Gov. Mike Huckabee, an ordained Southern Baptist minister, won the Iowa caucuses riding an aggressive social conservative agenda. He later fizzled in states like New Hampshire, where moderate Republicans and independents hold more sway.
Republicans across the political spectrum concede that public opinion on same-sex marriage in 2016 is likely to be dramatically different than 2008 or even 2012.
A CNN-ORC poll found in June that 34 percent of Republicans supported legal recognition of same sex marriage, a number that had jumped more than 10 points from a year earlier. The poll found strong majorities of independents and Democrats in favor as well.
While conservative leaders in early voting states lashed out at Christie's decision, there are signs even in social conservative strongholds that Christie's bet is a smart one.
Susan Geddes, an Iowa Republican activist and devout social conservative, says voters, including Republicans, care far less about opposing gay marriage than even 10 years ago.
"You have to explain to people, people like me, that the rest of the world doesn't think the way we do," said Geddes, who served as a top campaign consultant to strict conservative Republican candidates for the past several years. "That's upsetting for people. But if we want to have our party be effective, we have to accept opinions like that."
Indeed, Iowa mainstream Republicans, led by Gov. Terry Branstad, are trying to swell the ranks of more economically minded conservatives, in hopes of increasing attendance at the Iowa GOP caucuses in 2016. The caucuses have been flooded by social conservatives who disproportionately oppose gay rights and abortion rights.
David Kochel, who served as Romney's top Iowa strategist, came out in favor of gay marriage earlier in the year. "Opposing the freedom to marry is a loser for our party and serves to drive away a growing number of voters who have turned the page," he said Monday.
A number of New Hampshire Republicans, former Rep. Charlie Bass among them, also have come out in favor of gay marriage, backed by Republican leaders elsewhere such as Ohio Sen. Rob Portman and former Vice President Dick Cheney.
In New Hampshire, where independent voters are allowed to vote in GOP primaries, there is a sense that Christie's move could actually help him in a prospective presidential bid.
Ultimately, some strategists said it's unlikely that Christie's decision on gay marriage will be a make-or-break issue. Many critics of his gay marriage policy didn't like him to begin with, particularly since his embrace of President Barack Obama weeks before the last election after Superstorm Sandy ravaged much of the East Coast.
"He has fallen out of favor with social conservatives around Iowa. But it probably doesn't change anything," said Darryl Kearney, GOP treasurer in Polk County and a devout social conservative. "A big win in his re-election bid will help him make him a strong national candidate, which will have a strong appeal in Iowa, but not with social conservatives."
The Wolverine clawed its way to the top of the Chinese box office charts this week, taking $18.17 million (111.2 million yuan) in its first week despite bowing weeks after it originally premiered in Hong Kong and other overseas markets.
The China haul helped to push Twentieth Century Fox International's global ticket sales for 2013 past the $2 billion mark.
The movie opened in July in most other markets. Normally, a late release in China means viewers will have already accessed the film via pirate DVDs and illegal downloads, hurting ticket sales.
However, the movie's spectacular action scenes and strong performance by Hugh Jackman seem to have successfully lured the local fanboy audiences into China's cinemas. Jackman came to China for the premiere and made a big splash in the local press.
There were 2.96 million admissions for the film in the first week.
According to data from Beijing-based Entgroup, for the week of Oct. 14-20, Wolverine beat out Donnie Yen's Shenzhen-set cop movie Special ID, which took $10.9 million (66.52 million yuan), while LouisLeterrier's Now You See Me continued its respectable if unspectacular run, taking in another $7.95 million to bring its total to $17.91 million.
Love Will Tear Us Apart appeared to pick up pace during the week, taking in $6.36 million. The movie features martial arts specialist Feng Shaofeng and Ni Ni, best known internationally for her role in ZhangYimou's Flowers of War.
Meanwhile, Tsui Hark's Young Detective Dee: Rise of the Sea Dragon continued to edge closer to the $100 million box office mark. The fantasy prequel took $5.92 million during the week, bringing its cumulative total in the first 23 days on release to $94.7 million.
Just 20 channels available for streaming when outside your home network, however
Building on the announcement earlier this month that it would be bringing live TV streaming to mobile devices, AT&T U-verse has just announced that Android users now have access to over 100 channels in its app. The service lets U-verse TV subscribers authenticate within its app on either a phone or tablet and have access to live TV along with On Demand programming and the ability to manage your DVR remotely.
There is a caveat, however. The quoted 100 live TV channels are only available when streaming on your home network, and the number of available channels dips to about 20 when you're out-and-about. We can likely blame this on media rights holders, but it still stinks to see such a pared-down offering out of the house where you're most likely to take advantage of such a service.