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Gina Rinehart, Fairfax Media's largest shareholder, has called on chairman Roger Corbett to agree to a "performance milestone".

Gina Rinehart, Fairfax Media's largest shareholder, has called on chairman Roger Corbett to agree to a "performance milestone" of returning the company's share price to 87 cents and reverse "the five-year decline in paid circulation and revenue".

In a letter to Mr Corbett, released to this website, Mrs Rinehart said the performance of Fairfax over the past five years had been "distressing for shareholders".

The letter, in the form of an ultimatum, came after the Fairfax board on Wednesday announced it would not be able to give Mrs Rinehart a board seat citing disagreements over editorial independence.

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Open letter ... Gina Rinehart. Photo: Jim Rice

In a statement late today, Fairfax returned fire, disputing her statement that the differences with the board were not about editorial control and calling on Mrs Rinehart to bid for the company if she wants control.

"Contrary to Mrs Rineharts repeated assertions that this isnt about editorial control - it is. It is also about her obtaining control of the company and not paying a premium.

Cutting the loss

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Rinehart's Fairfax battle gets personal

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Gina Rinehart, Fairfax Media's largest shareholder, has called on chairman Roger Corbett to agree to a "performance milestone".

Gina Rinehart, Fairfax Media's largest shareholder, has called on chairman Roger Corbett to agree to a "performance milestone" of returning the company's share price to 87 cents and reverse "the five-year decline in paid circulation and revenue".

In a letter to Mr Corbett, released to this website, Mrs Rinehart said the performance of Fairfax over the past five years had been "distressing for shareholders".

The letter, in the form of an ultimatum, came after the Fairfax board on Wednesday announced it would not be able to give Mrs Rinehart a board seat citing disagreements over editorial independence.

Advertisement: Story continues below

Open letter ... Gina Rinehart. Photo: Jim Rice

In a statement late today, Fairfax returned fire, disputing her statement that the differences with the board were not about editorial control and calling on Mrs Rinehart to bid for the company if she wants control.

"Contrary to Mrs Rineharts repeated assertions that this isnt about editorial control - it is. It is also about her obtaining control of the company and not paying a premium.

Cutting the loss

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Battle gets personal

SOUTH BEND, Ind. (AP) Indiana Gov. Mitch Daniels will receive a big pay raise when he leaves office in January and takes over as president of Purdue University, possibly earning more than five times as much salary.

A memorandum of understanding between Daniels and the university calls for a salary comparable to those earned by university presidents at peer institutions, as well as performance bonuses. Outgoing Purdue President France Cordova earns $465,000. Indiana University President Michael McRobbie earns $533,120, which IU spokesman Mark Land says put him roughly in the middle for pay among university presidents in the Big Ten.

Ohio State University President Gordon Gee is reported to be the highest paid university president, making nearly $2 million a year. That includes a base salary of $834,530, deferred annual compensation of $225,000, performance compensation of $143,179, a supplemental executive retirement plan of $616,635 and other employer retirement benefits of $100,500.

University of Michigan President Mary Sue Coleman earns $585,783 a year. Michigan State University President Lou Anna Simon earns $520,000 a year.

According to the state auditor's office, Daniels' annual salary is $95,000. With other compensation, he was paid nearly $108,000 last year.

Morris Levy, a biological sciences professor who just completed a term as University Senate chairman on June 1, says he has concerns about the 10-member board of trustees, eight of them appointed by Daniels, setting his salary.

"I believe the phrase 'conflict of interest or the appearance of conflict of interest' is the most accurate statement," he said.

Levy said faculty members will be watching closely to see what Daniels is paid, especially because he is expected to streamline costs at the university.

Levy said the university works to try to make everyone feel as though they are all on the same team.

"If we pay Mr. Daniels an extraordinary salary, it's going to be hard to make everyone feel that way under him," he said.

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Daniels to receive large personal pay as Purdue president

LONGWOOD, Fla.--(BUSINESS WIRE)--

DoMark International Inc. (DOMK) (the "Company" or "DoMark"), through its wholly owned subsidiary, MuscleFoot Inc., is pleased to announce that it has donated revolutionary Noraxon equipment to Sean Pea, physio and biomechanics expert to the worlds top track athletes, to assist in developing his clients ahead of the London 2012 Olympic Games. In addition to helping his track and field clients, Mr. Pea will have the opportunity to harness the advanced performance measurement capabilities of the Noraxon system to aid his world class athletic clientele from the equestrian, NFL football, and US Olympics and Track & Field arenas. In combination with patented Barefoot Science technology by MuscleFoot Inc., which rehabilitates weak foot muscles and improves athletic performance, the donated Noraxon technology will vastly aid Mr. Pea in optimizing his clients biomechanics and adjusting their training regimens.

Sean Pea is the personal physio and biomechanics expert for many of the worlds top track and field athletes. Notable clients who by the release of this announcement had secured places on the US Olympic team include Justin Gatlin, Mike Rogers, William Claye, Joel Brown, and LoLo Jones. Mr. Pea also works with Olympic hopefuls, Brittany Reese and David Oliver, who continue to pursue spots on the US team. All of the previously mentioned athletes are using Barefoot Science insole system to prepare for the 2012 London Olympics.

Using this high level technology will allow me to improve the performance and decrease the risk of injuries to my clients by observing in an utterly accurate way the motion and performance of the athlete. Along with Barefoot Science, I will be able to fine tune both the highest level athlete and the average person to correct biomechanics. Technology like this was previously only available in a clinic or lab setting and will now be implemented real time towards functional activities, said Sean Pea.

The full system consists of a Clinical DTS (wireless EMG) 4-channel, instrumented treadmill with MyoVideo, and a FDM-SX pressure plate. The goal of this three component system is to provide complete insight into the full body mechanics that control the athletes gait. This system measures vertical force and ground reaction forces, underfoot pressure, temporal and special gait parameters, and provides insight into muscle innervations, symmetry and coordination. The systems 2D kinematics functionality can track height, distance, and angular data. In short, the Noraxon technology donated by DoMark provides a complete, inside and out picture of what is happening within the human body, and allows training staff to modify training routines and make performance adjustments based on real-time intelligent data.

Noraxon systems have recorded an instant decrease of 50% in postural sway or increase in balance/ stability as well as a significant increase in major gait related muscle efficiency and strength in subjects tested after using the patented Barefoot Science insole system. This donation is part of a drive on the part of MuscleFoot Inc. to demonstrate the power of Barefoot Sciences patented foot technology as an integral component of performance enhancement and pain relief for individuals from across the spectrum of amateur, elite, and professional athletics.

Donating this piece of technology to Sean will enhance his clients performance immensely, and we are pleased to help him attain even more credibility in his field as one of the top sports physios on the planet and help his clients to maximize their full potential, said VP of Corporate Development, Patrick Johnson.

Barefoot Science is revolutionizing the $223 billion global footwear and $3.5 billion foot care markets with its patented insole technology. For over 15 years, Barefoot Science has studied foot biomechanics, as well as the capabilities of its products to actively stimulate, strengthen, and restore the foot. This is significant disruptive foot therapy technology that will revolutionize the foot care industry. Applied either through an insole placed inside the shoe, or by integration directly into the design of the shoe, Barefoot Science technology prevents and rehabilitates a wide range of foot, leg, and back ailments, and enhances athletic performance. Barefoot Science backs these claims with a wealth of scientific research and endorsements from thousands of customers who currently use Barefoot Science insoles.

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DoMark International Inc. Donates Performance Enhancing Technology by Noraxon to Assist Physio Expert to World’s Top ...

Posted by Steve Rogers | June 28, 2012 / 08:18am | Political, Business, Faith & Family By Jeff Amy/The Associated Press JACKSON-- In another bad sign for Mississippi's economy, the state was one of only two where personal income shrank in the first three months of 2012.

Personal income fell 0.3 percent, the worst performance among the states, the federal Bureau of Economic Analysis said Wednesday. Kansas was the only other state where personal income shrank.

The announcement comes less than a month after the same agency concluded that Mississippi's overall economy dipped back into recession in 2011, shrinking more than all states but Wyoming.

Personal income is all of the income received by everyone from every source, including wages, business owner profits, interest, dividends, rent and government transfers. It's not the same as a measure of the size of the overall economy, but can be a rough proxy.

Shrinking personal income in the first quarter could mean that Mississippi remains in recession, a possibility reinforced by a stagnant job market.

Nationwide, personal income grew 0.8 percent in the quarter, outstripping estimated inflation of 0.6 percent during the period. North Dakota performed strongest, with personal income rising 2.3 percent.

The three major categories of personal income--work-related earnings, investment income and government transfer payments--all fell in the state.

Of the 0.3 percent decline, 0.1 percent was caused by falling work income and 0.2 percent was caused by falling transfer receipts.

Mississippi was one of only four states where work-related earnings fell, one of only three states where transfer receipts fell, and the only state that saw a drop in investment income.

Sectors that shrank in the state's work-related earnings included farming, real estate, forestry and fishing, utilities, federal civilian agencies and the military. Of those, farming was by far the biggest contributor to the decline.

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Personal Income Shrank in State Last Year

JACKSON, Miss. (AP) -- In another bad sign for Mississippi's economy, the state was one of only two where personal income shrank in the first three months of 2012.

Personal income fell 0.3 percent, the worst performance among the states, the federal Bureau of Economic Analysis said Wednesday. Kansas was the only other state where personal income shrank.

The announcement comes less than a month after the same agency concluded that Mississippi's overall economy dipped back into recession in 2011, shrinking more than all states but Wyoming.

Personal income is all of the income received by everyone from every source, including wages, business owner profits, interest, dividends, rent and government transfers. It's not the same as a measure of the size of the overall economy, but can be a rough proxy.

Shrinking personal income in the first quarter could mean that Mississippi remains in recession, a possibility reinforced by a stagnant job market.

Nationwide, personal income grew 0.8 percent in the quarter, outstripping estimated inflation of 0.6 percent during the period. North Dakota performed strongest, with personal income rising 2.3 percent.

The three major categories of personal income work-related earnings, investment income and government transfer payments all fell in the state.

Of the 0.3 percent decline, 0.1 percent was caused by falling work income and 0.2 percent was caused by falling transfer receipts.

Mississippi was one of only four states where work-related earnings fell, one of only three states where transfer receipts fell, and the only state that saw a drop in investment income.

Sectors that shrank in the state's work-related earnings included farming, real estate, forestry and fishing, utilities, federal civilian agencies and the military. Of those, farming was by far the biggest contributor to the decline.

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Personal income shrinks in Mississippi

JACKSON, Miss. (AP) In another bad sign for Mississippi's economy, the state was one of only two where personal income shrank in the first three months of 2012.

Personal income fell 0.3 percent, the worst performance among the states, the federal Bureau of Economic Analysis said Wednesday. Kansas was the only other state where personal income shrank.

The announcement comes less than a month after the same agency concluded that Mississippi's overall economy dipped back into recession in 2011, shrinking more than all states but Wyoming.

Personal income is all of the income received by everyone from every source, including wages, business owner profits, interest, dividends, rent and government transfers. It's not the same as a measure of the size of the overall economy, but can be a rough proxy.

Shrinking personal income in the first quarter could mean that Mississippi remains in recession, a possibility reinforced by a stagnant job market.

Nationwide, personal income grew 0.8 percent in the quarter, outstripping estimated inflation of 0.6 percent during the period. North Dakota performed strongest, with personal income rising 2.3 percent.

The three major categories of personal income work-related earnings, investment income and government transfer payments all fell in the state.

Of the 0.3 percent decline, 0.1 percent was caused by falling work income and 0.2 percent was caused by falling transfer receipts.

Mississippi was one of only four states where work-related earnings fell, one of only three states where transfer receipts fell, and the only state that saw a drop in investment income.

Sectors that shrank in the state's work-related earnings included farming, real estate, forestry and fishing, utilities, federal civilian agencies and the military. Of those, farming was by far the biggest contributor to the decline.

Continue reading here:
Miss. 1 of 2 states where personal income shrinks

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/5sn5ts/personal_accident) has announced the addition of the "Personal Accident and Health Insurance in the UK, Trends and Opportunities to 2016" report to their offering.

The UK personal accident and health insurance segment accounted for the lowest premiums share in the UK insurance industry in 2011. During the review period (2007-2011), the country's increasing overall healthcare expenditure and deficiencies related to the provision of care by the National Health Service (NHS) stimulated the growth of the health insurance category. Furthermore, due to initiatives enacted by the UK Competition Commission, private healthcare companies in the country are expected to be forced to provide comparable quality and cost information in order to ensure fair competition.

This report provides a comprehensive analysis of the personal accident and health insurance market in the UK:

- It provides historical values for the UK personal accident and health insurance market for the report's 2007-2011 review period and forecast figures for the 2012-2016 forecast period

- It analyses the various distribution channels for personal accident and health insurance products in the UK

- It provides a detailed analysis of the reinsurance market in the UK and its growth prospects

Key Highlights

- Due to the dramatic impact of the global financial crisis on the UK's overall economic performance, the UK's public healthcare system, the NHS, was forced to reduce its spending during the review period.

- The changing lifestyle patterns and improving health awareness of the UK population, coupled with the falling quality of care from the NHS, resulted in an increase in UK healthcare expenditure during the review period.

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Research and Markets: Personal Accident and Health Insurance in the UK, Trends and Opportunities to 2016 Features ...

ROUND ROCK, Texas--(BUSINESS WIRE)--

Dell today announced the expansion of its XPS laptop portfolio with the XPS 14 and XPS 15 laptops. Joining the award-winning XPS 13 Ultrabook, the XPS 14 and 15 have the same beautiful, thoughtful design and craftsmanship in two additional screen sizes for consumers who desire connectivity, performance and entertainment, no matter where they are.

As part of Dells flagship XPS brand, this array of laptops enables customers to choose the one that best suits their needs. The XPS 13 is highly portable and compact for todays most mobile users, while the XPS 14 provides long battery life and connectivity for those who need to get online wherever they are. The XPS 15 provides performance graphics and a brilliant display for multimedia creation and entertainment. All three laptops have enterprise-friendly features to intersect the design and performance desired by consumers with the security and services required by IT departments. Additionally, The XPS 14 and 15 laptops are distinguished by vibrant displays with hardened Corning Gorilla Glass, and use the latest Intel technology, such as the latest 3rd Generation processors, and Intel Rapid Startiii, Smart Responseiv and Smart Connectv technologies, to enable users to be productive, connected and responsive anywhere.

Following the success of our XPS 13, our customers wanted to see more of the XPS brand, said Sam Burd, vice president, Dell Personal Computing Product Group. The XPS 14 and 15 laptops offer powerful performance, thoughtful design and a superb user experience, along with enterprise-friendly features so you can use them for work and for play.

XPS 14: Outstanding Performance

Designed for mobile users, the XPS 14 comes in two main configurations. The XPS 14 Ultrabook features a highly-durable machined aluminum chassis with innovative silicone base in a compact, thin, 20.7mm design. With a brilliantly bright 14-inch 400 nit HD+ edge-to-edge display, a backlit keyboard, and optional performance graphics, the XPS 14 is ready to perform all day in nearly any environment, with up to 11 hours of battery lifei the longest battery life of any Ultrabookii. Customers can enjoy the ample storage of a traditional hard drive with the responsiveness of a solid state drive with a 500GB hard drivevi and 32GB mSATA cardvi, including Intel Rapid Startiii and Smart Responseiv technology. Rapid Start delivers fast boot-up and hibernate response times, while Smart Response quickly recognizes and caches the most frequently used files and applications, allowing customers to access critical information quickly and easily.

The XPS 14 option with integrated mobile broadbandvii sports a premium, black leather back so there is no signal interference with the built-in antennas, allowing users to connect virtually anywhere, anytime. Connecting via mobile broadband is simple with Dell NetReady mobile broadband service. Providing connectivity on a session-based model, Dell NetReady is a pay-as-you-go service that allows connection where Wi-Fi may not be available.viii

XPS 15: Superb Content Creation and Entertainment

The XPS 15 is a thin powerhouse offering the performance, graphics and screen resolution for creativity and entertainment. With a stunning, vivid, edge-to-edge display thats up to 75 percent brighter than standard panels, powerful NVIDIA graphics as standard, backlit keyboard, and optional integrated slot load Blu-ray disc drive, watching videos or creating content is pure enjoyment. Customers can also store their multimedia content with up to 1TB of storagevi, and still enjoy the responsiveness of a solid state drive with a 32GBvi or 128GB mSATA cardvi option.

The stunning design of the XPS 15 is driven by the desire for a beautifully crafted system constructed for performance. The machined-aluminum chassis provides strength and durability with the top cover precision cut from a single block of aluminum, and the silicone base feels cool-to-the-touch. The hardened Corning Gorilla Glass screen is impeccably strong yet aesthetically pleasing with the near-frameless edge-to-edge design.

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Dell Expands XPS Laptop Family: Performance Without Compromise for Mobility, Creation, Entertainment

PITTSBURGH--(BUSINESS WIRE)--

Vocollect, a business unit of Intermec, Inc. (IN) and the world leader in voice-enabled solutions for mobile workers, together with Total Solution Partner Vitech Business Group, today announced that Sysco Guest Supply, the largest full-service provider of personal care amenity programs and room accessories to the lodging industry, has obtained strong results from its deployment of Vocollect Voice across eight workflows in 10 United States distribution centers (DCs), including boosting throughput performance by 28 percent and putaway by 26-28 percent.

Headquartered in Monmouth Junction, New Jersey, Sysco Guest Supply services virtually every large hotel worldwide. Its key strategic challenge is dealing with extreme peak volumes the first week of every month and during summer holidays. A highly fluctuating order velocity and the need for correct orders, coupled with the need to manage inventory just-in-time, precipitated the need to explore new technology. To meet the need of just-in-time deliveries, the companys distribution leadership settled on voice. Technology partner Vitech Business Group recommended Vocollect and, after a short pilot, Vocollect Voice was implemented across 10 DCs in just nine months.

Today approximately 130 workers across the 10 DCs use Vocollect Voice in eight workflows order selection, house truck-picking, parcel zone-picking, item demand/replenishment, putaway, count-check (precursor to cycle-counting), and item consolidation to move more than 10 million cases per year.

The more distribution workflows you voice-enable, the more efficient you can become. Vocollect Voice has adapted well to our multicultural workforce, and our employees have embraced the system as a way to do their jobs more efficiently, said Jim Makowski, director of distribution, Sysco Guest Supply. In comparison with our previous handheld device implementations, deploying Vocollect Voice has been relatively seamless, with each DC requiring just days for implementation after the first one, he said.

Results from the deployment have included:

Vocollect Voice has helped Sysco Guest Supply achieve significant productivity improvements and successfully address its business challenges of extreme peak volume periods and the need for just-in-time deliveries. Its ability to deploy voice into so many distribution workflows so quickly is a real testament to the effectiveness of the solution, said Richard Stewart, principal, Vitech Business Group,

Sysco Guest Supply is a prime example of the transformative power of voice-enabled technologies to elevate workforce performance, contain costs, and improve customer satisfaction, said Ron Kubera, Vocollect senior vice president and general manager. Vocollect will continue its market leadership role in driving voice solutions to help businesses accelerate their path to voice enablement in their distribution operations.

About Vocollect

Vocollect, a business unit of Intermec, Inc. (IN), is the leading provider of innovative, high-quality voice solutions for mobile workers around the world. Vocollects market-leading technology, products and services help customers achieve a higher level of business performance through voice. Together with a global team of over 1,700 certified voice professionals, we enable more than 400,000 workers at almost 2,000 companies around the world to distribute US$4 billion in goods every day. Vocollect Voice integrates with all major WMS and ERP systems and supports the industrys leading mobile computing devices. For more information, visit http://www.vocollect.com. Vocollect and Vocollect Voice are registered trademarks of Intermec IP Corp. All rights reserved.

Originally posted here:
Sysco Guest Supply Deploys Vocollect Voice across Eight Workflows in 10 DCS; Nets Major Process Improvements