Sunday, August 4, 2013

Breaking News: Kevin Welner's Charter School Dirty Dozen ...

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Dirty Dozen comic

Welcome to the third installment of Cloaking Inequity?s new comic series Breaking News. Today the comic represents Kevin Welner?s ?The Dirty Dozen: How Charter Schools Influence Student Enrollment. Dr. Welner is a?professor of education policy at the University of Colorado Boulder School of Education and director of the National Education Policy Center. What are the dirty dozen? Welner was inspired to write this analysis after reading a?February 2013 article?written by Reuters reporter Stephanie Simon. Her article described a variety of ways that charter schools ?get the students they want.??The NEPC release states:

Charter schools may be public, but they can shape their student enrollment in surprising ways. This is done though a dozen different practices that often decrease the likelihood of students enrolling with a disfavored set of characteristics, such as students with special needs, those with low test scores, English learners, or students in poverty.

When charter schools fail to serve a cross-section of their community, they undermine their own potential and they distort the larger system of public education. ?It doesn?t have to be this way,? says Welner. ?The task for policymakers is to redesign charter school policies in ways that provide choice without undermining other important policy goals. For instance, being innovative doesn?t require being selective or restrictive in enrollments.?

?These practices,? Welner explains, ?also make it difficult for researchers to accurately compare the effectiveness of charter and non-charter schools.? High-quality research studies make great efforts to include a comparison group of non-charter school students that matches charter school students in key ways such as race, free and reduced lunch status, and gender.

Yet the many ways charters influence enrollment create daunting obstacles for researchers. Welner cautions researchers and policymakers: ?These studies cannot account for all these practices merely by research design or statistical adjustments. Studies of charter school performance are almost surely attributing results to charter school instructional programs that are caused in part by charter school enrollment practices.?

Are all charter schools bad news by excluding students of certain types? Of course not! I was an instructor at an Aspire charter school and I currently serve on the UT-Austin elementary charter school board? but? Welner:

There are plenty of charter schools that try to enroll a diverse and representative group of students. ?There are plenty of others that use a potent combination of the ?Dirty Dozen? practices to shape their enrollments in ways that flout our societal understandings of public schooling.

See all of Cloaking Inequity?s posts on charters here. Check CI?s dispute with KIPP on their attrition here.

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Welner?s Dirty Dozen:

#1: Description and Design: Which Niche?

The designers of a new charter school face a variety of decisions. Will the school portray itself as focused on rigorous academics? Or perhaps the design will cater to children with autism? Will it have the facilities to provide free or reduced-price lunch? Will it have teachers for English learners and for students with special needs? In short, which niche will it be designed to fill? Given the high-stakes accountability context, a school designed to serve an at-risk student population will face greater survival obstacles. Low test scores lead to lower school performance ratings and eventually to closure. In contrast, high test scores lead to acclaim and to positive word-of-mouth from realtors, press, friends and neighbors. In short, nothing succeeds like success, and the greatest determinants of success are the raw materials ? the students who enroll.

#2: Location, Location, Location

As has long been recognized by the courts, the siting of a school is an effective way to influence student demographics (Kennedy, 2007). A school that intends to serve students who live in an urban area will locate in that neighborhood, while a school with an intent to serve a suburban population will make a different decision. Because families with less wealth tend to have fewer transportation options, this is particularly important when thinking about disadvantaged groups.

#3: Mad Men: The Power of Marketing and Advertising

Charter schools are not allowed to directly select students based on those students? demographic characteristics. But if a school wants to enroll English learners, it will produce and distribute materials in the first language of those families. If it does not, it will produce and distribute materials overwhelmingly in English. Similar decisions can be made regarding special needs populations and lower-income populations. And if it wants students with higher incoming test scores and a drive to excel academically, it can advertise as ?college prep? and highlight the rigor of its curriculum. Even the visual images used in marketing materials can send distinct messages about who is welcome and who is not. When a school makes deliberate decisions about how and where to market, it is exercising influence over who applies.

#4: Hooping It Up: Conditions Placed on Applications

Through the application process, charter schools can control the pipeline that leads to enrolled students. If less desirable students do not apply, they will not be enrolled. Charter schools are usually in charge of their own application processes, and many impose a daunting array of conditions. These include lengthy application forms such as a required essay simply to get into the lottery, mandatory character references, parents required to visit the school before applying, short time windows to file the applications, special ?pre-enrollment? periods for insiders, and admissions tests to determine grade placement or learning group. These policies and practices can directly turn away families (I?m sorry, but you can?t enroll here because you didn?t visit). Further, they can serve their purpose by discouraging parents who lack the time, resources, or overall commitment to jump through the hoops.

#5: As Long As You Don?t Get Caught: Illegal and Dicey Practices

As noted earlier, Simon (2013) documents instances of charter schools that require applications to ?present Social Security cards and birth certificates for their applications to be considered, even though such documents cannot be required under federal law.? She also notes some schools that require special needs applicants to document their disabilities ? which may or may not be illegal but which is certainly contrary to the intent and spirit of the Individuals with Disabilities Education Act. Such policies will have the effect of discouraging special needs students and, in some communities, minimizing the enrollment of immigrant students. Another troubling, and possibly illegal, practice involves elementary-level charters with attached, private pre-k schools that charge substantial tuition ? and the using of that pre-k school to funnel students into the public charter and thereby create a wealthier student demographic (see, e.g., Dreilinger, 2012; Ferguson, 2011; Ferguson & Royal, 2011).

#6: Send Us Your Best: Conditions Placed on Enrollment

Simon?s (2013) article also pointed to ?One charter high school in [California that] will not consider applicants with less than a 2.0 grade point average. Another will only admit students who passed Algebra I in middle school with a grade of B or better.? She also points to states that allow a charter school to give an admissions preference to students based on a demonstration of interest in that school?s theme or focus: ?Some schools use that leeway to screen for students who are ready for advanced math classes or have stellar standardized test scores.? Other charter schools, including KIPP, require that students and their families commit to longer school days and school hours. Many also require so-called ?sweat equity? contracts from parents, whereby they commit to contribute service to the school. As with conditions placed on applications, these conditions of enrollment can work by directly turning away families as well as by discouraging families perceived to be less desirable.

#7: The Bum Steer

Connected to these application and enrollment practices is the old practice of steering away less desirable students (Fiore, et al., 2000). The typical scenario involves the parent of a high-needs child who drops by the school to inquire about enrolling and is told that opportunities for that child will be much richer at the public school down the road. These are among the allegations in the Southern Poverty Law Center?s lawsuit against the Recovery School District in New Orleans (Mock, 2010).

#8: Not In Service

As noted above, a charter school may or may not have services designed to meet the needs of a given group of higher-needs children. For instance, teachers with TESOL (Teachers of English to Speakers of Other Languages) training or certification may be unavailable. Similarly, a charter school may not have the resources necessary to meet the special needs of a child with so-called low-incidence disabilities. But even reading specialists, for instance, may be unavailable. While a charter school may not, under the Individuals with Disabilities Education Act (IDEA), be legality entitled to reject a students with special needs and his or her individualized education plan (IEP), pointing out the unavailability of resources and services is often sufficient to do the trick (Welner & Howe, 2005).

#9: The Fitness Test: Counseling Out

Parents of less successful students or those who are viewed as a poor fit may simply be told that they should consider a different option. This is usually accomplished through ongoing meetings with the charter schools? teachers and administrators. (Bobby isn?t responding well to instruction, getting along well with other students, etc.) In a school choice context, a reasonable way to address a disappointing experience is to seek out a different school, and a nudge from school staff can help move this process along.

#10: Flunk or Leave: Grade Retention

One such nudge can be provided by telling the student and parent that if the student remains at the school, she will be retained in grade. Grade retention is extensively used, for instance, at KIPP charter schools. One effect of such policies is to rebuke less successful students and to suggest that those students may do better elsewhere (and to inform them that they will have to go elsewhere if they want to graduate on time).

#11: Discipline and Punish

Charter schools? discipline policies generally differ from those of their nearby school districts. Washington DC?s charter schools, for example, have much higher expulsion rates than do district schools (Brown, 2013). The New York Times wrote in 2012 about a charter school in Chicago that has collected hundreds of thousands of dollars in fines from students for infractions like ?not looking a teacher in the eye? (Vevea, 2012). Through direct expulsion and through harsh discipline regimes, such charter schools are able to maintain a more controlled school environment, but one effect of doing so is the selective removal of students who are more disruptive ? or, in the case of the Chicago school, less able to afford the fines.

#12: Going Mobile (Or Not)

Low-income communities across the country tend to have high rates of student mobility. Many students exit and enter each year and ? most disruptively for all ? during the school year. Neighborhood public schools generally have no power to limit this mobility and must focus instead on minimizing the disruption. Charter schools, however, can decide to enroll few or no new students during the year or in higher grades. Researchers refer to this addition of new students as a choice of whether or not to ?backfill? the students charters lose through normal attrition or through counseling out. A related issue is the common practice among new charter schools of ?feeding from below.? To illustrate, imagine a new charter authorized to serve grades k-8. Such a school would often open with just grades k-2, and then each year would bring in a new kindergarten cohort and extend up one year, to k-3, then k-4, and so on. This approach tends to create stability and to screen out more transient students and families.

The general population doesn?t know what?s happening, and it doesn?t even know that it doesn?t know.?Noam Chomsky

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Source: http://cloakinginequity.com/2013/08/04/breaking-news-kevin-welners-charter-school-dirty-dozen/

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Flash floods kill 58 in eastern Afghanistan

KABUL, Afghanistan (AP) ? Heavy rains swept across eastern Afghanistan, leveling homes and killing at least 58 people in five provinces, while an estimated 30 others remain missing, officials said Sunday.

Provincial spokesmen in Nangarhar, Kabul, Khost, Laghman and Nuristan said that all the floods struck early Saturday. Flash floods are common in those provinces and all are fed by rivers that eventually intersect in Nangarhar.

In Kabul's Surobi district, police chief Shaghasi Ahmadi said 34 people were killed in a remote and mountainous area. He said 22 of the bodies from Surobi were later found downstream in Laghman.

Surobi has a number of rivers running through it. It is also rife with Taliban activity.

Ahmadi said food, tents and other emergency supplies were being sent to the district from the capital.

Downstream in the adjacent province of Nangarhar, a government statement said 17 people were killed by the floods.

President Hamid Karzai's office said another seven died in Khost and Nuristan.

Rains quickly can weaken the structures of the mud-walled homes that dot the countryside in Afghanistan, causing the buildings to collapse during heavy downpours. In neighboring Pakistan on Saturday, the same storm system brought heavy rains that caused more than 100 homes to collapse and caved in a factory wall, killing at least 14 people.

Source: http://news.yahoo.com/flash-floods-kill-58-eastern-afghanistan-133215142.html

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Africa?s boom ?fails to dent poverty level?

Fast-paced African countries may have growth rates that are the envy of developed economies, but the continent?s boom has failed in recent years to significantly dent poverty levels, economists say.

Sub-Saharan Africa is set to grow by 5.6 percent in 2012, according to latest figures from the International Monetary Fund (IMF), with 18 countries hitting at least six percent.

?Sub-Saharan Africa is expected to continue growing at a strong pace during 2013-14, with both resource-rich and lower-income economies benefiting from robust domestic demand,? the IMF said in its latest World Economic Outlook.

According to the World Bank, foreign direct investment inflows rose 5.5 percent in the region last year, against a plunge of 6.6 percent in developing countries worldwide.

The investment-to-GDP ratio is the lowest among developing regions, which the bank likens to pre-boom levels in 1960s China

and 1980s India ?suggesting increased scope for further expansion in productivity-enhancing investment?.

Africa?s oil and mining wealth means that these sectors dominate the overall flows, but investment has also risen in services such as water, construction, and electricity projects.

States with growing middle classes ? such as Nigeria, South Africa, Ghana and Kenya ? are also drawing investment to consumer areas such as retail and banking.

Consumer spending makes up more than 60 percent of Africa?s GDP, a sector recently highlighted by McKinsey & Company who found urban Africans spent more on clothing and food than those in Brazil, China and India on average.

Telecommunications, banking and retail are flourishing, construction is booming and private investment inflows surging.

But the continent?s poor are still not riding the wave.

?More than a decade of strong economic growth has reduced poverty in sub-Saharan Africa ? but not by enough,? said the World Bank last week.

Growth has been less poverty-reducing than elsewhere in the world; and despite the faster growth in resource-rich countries, levels of poverty are falling at a slower rate, it said.

While strides have been made in reducing the levels of Africans living on less $1.25 a day, more than a third of the world?s extreme poor still live in sub-Saharan Africa

And it is still the only region in the world where the number of poor people rose ?steadily and dramatically? between 1981 and 2010, according to a recent bank note on poverty.

?The poverty rate is not going down at the same rate that the growth rate is going up,? said Soren Ambrose, economist of anti-poverty group ActionAid in Nairobi.

?The mining companies were given attractive deals: those companies come in and do their business and as a result the growth rates are up.?

But, he added: ?Not much remains, the amount that is left in the country is not so much.?

This year, only two regional economies, Swaziland and oil-rich Equatorial Guinea, are set to shrink. Powerhouse South Africa is struggling to take off, with only 2.8 percent growth forecast.

Next year however, the IMF predicts growth of 6.1 percent in the region, largely thanks to the revival of South Africa.

In its latest Africa analysis, the World Bank says high commodity prices and domestic spending will ensure the region stays among the world?s fastest growing.

But more has to be done to unleash the potential of the continent?s opportunities, it argues.

?Higher economic growth does not automatically translate into higher poverty reduction,? states the report. ? Sapa-AFP

Cross-posted from Business Report

Source: http://mdginafrica.wordpress.com/2013/08/03/africas-boom-fails-to-dent-poverty-level/

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Watch live: Japanese space launch sends Kirobo up to the ISS (video)

You love robots, and you love rocket launches... right? So, you're going to want to watch the double whammy this afternoon we're guessing. That cutesy little Kirobo fella is making his way up to the ISS, and you can see it unfold live, right here, with coverage starting at 3:00pm ET. So, grab a sandwich and get comfortable. Though, we can't promise Kirobo will be making an actual appearance, stranger things have happened.

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Source: Space

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/l0YZquiq7ag/

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Saturday, August 3, 2013

FORD 03 EXPEDITION 106K mi, V-8, leather int & 3rd row

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Source: www.uniondemocrat.com --- Friday, August 02, 2013
Ford 03 EXPEDITION 106K mi, V-8, leather int & 3rd row seat, $8,200. (209) 586-2236 ...

Source: http://www.uniondemocrat.com/http%3A//www.uniondemocrat.com/component/option,com_marketplace/Itemid,204/adid,398418/catid,1751/page,show_ad/

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Iran as determined as ever to threaten Israel: Netanyahu

JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Friday Iranian president-elect Hassan Rouhani had shown his true face after he was quoted as saying Israel was a "wound" that must be removed.

Netanyahu said Rouhani, due to take office on Sunday, was no less anti-Israel than his predecessor, Mahmoud Ahmadinejad, and said the world must not allow Iran to pursue its nuclear ambitions and threaten Israel.

"The true face of Rouhani has been revealed sooner than expected ... this is what the man thinks and this is the Iranian regime's plan of action," Netanyahu said in a statement.

"A nation that threatens to destroy the state of Israel must not be allowed to have weapons of mass destruction," he said.

Iran's student news agency reported that Rouhani had said in a speech: "The Zionist regime is a wound that has sat on the body of the Muslim world for years and needs to be removed."

Israel - widely believed to possess the Middle East's only nuclear arsenal - says Iran is planning to build nuclear weapons and has hinted it might take military action if other nations fail to persuade Tehran to curb its atomic program.

Iran denies it is planning to build an atomic bomb and says its nuclear program is for civilian purposes.

(Writing by Ori Lewis; Editing by Janet Lawrence)

Source: http://news.yahoo.com/iran-determined-ever-threaten-israel-netanyahu-110227740.html

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What Poisoned Pomegranates Tell Us About Food Safety

Imported food is getting the kind of attention these days that no product wants. Health officials in Iowa and Nebraska are blaming salad greens for making hundreds of people sick with a parasite called cyclospora. That parasite usually comes from the tropics, so it's likely the salad did, too. Earlier this summer, pomegranate seeds from Turkey were linked to an outbreak of hepatitis A.

Last week, the Food and Drug Administration announced a plan to prevent such problems. Michael Taylor, the FDA's deputy commissioner for foods, said that the hepatitis outbreak showed exactly why new rules are needed. "That sort of incident is exactly the sort of problem that this new system is intended to address," he said.

But the case of the poisoned pomegranates actually teaches a more complicated lesson: That safety systems, however helpful, are not foolproof.

The outbreak began in the spring and mainly affected consumers in Western states. Michael Walters, who lives in Foxfield, Colo., first felt symptoms while visiting Yellowstone in late May.

Walters had been on a health kick. He was eating superfoods: smoothies made from spinach, kale and avocado. To add a bit of sweetness, he added some frozen berries ? a product called Organic Antioxidant Blend ? that he picked up at Costco. "I was really loading up on what I thought were very healthy, natural kinds of foods," he says.

The disease hit with a feeling of overwhelming fatigue. Walters didn't know it yet, but more than 100 other people were getting it, too. And investigators found a link between them. They'd all bought that frozen berry mix.

Costco recalled the product. Walters' daughter saw the warning on the Internet and called her sick father. "We went online to the Costco website. They had a picture of the product," recalls Walters. "We went to our freezer. There was the bag!"

Walters ended up in the hospital for four days. Today, two months later, he's still trying to get his strength back.

In that bag of frozen berries, only one thing came from a part of the world where you find this strain of hepatitis A: pomegranate seeds from Turkey.

So how will the FDA's new rules try to prevent this sort of thing? FDA officials describe their proposal as a fundamental shift in approach. Instead of just trying to catch contaminated food at the border, they'll require safety checks throughout the supply chain, all the way back to the fields and orchards overseas.

If the rules go into effect, U.S. companies that import food will be legally required to show proof that their foreign suppliers are operating just as safely as suppliers in the U.S. "It really boils down to expecting our importers to know their supplier, to know the food and its potential hazards, and to verify that preventive steps had been taken to minimize those hazards," says the FDA's Taylor.

But here's the twist in the pomegranate story: The companies that imported the pomegranates apparently were doing exactly this already.

Costco requires that its suppliers are audited for safety by outside experts. So does Townsend Farms, the Oregon company that actually packed the berry mix. And the Turkish processing plant that handled these pomegranates was following the rules of an international code of safety called GMA-SAFE.

Les Bourquin, a professor of food science at Michigan State University, has encountered GMA-SAFE frequently while working with food companies in foreign countries, helping them to develop food safety systems. He says that this certification generally satisfies the FDA's demands. "It may not hit all the points of the new requirements, but it would be close," he says.

Bourquin says we don't know yet exactly how this contamination happened ? whether the safety rules weren't good enough or whether somebody broke the rules.

But it's a reminder that it's really hard to guarantee safety in a system that stretches from pomegranate orchards in Turkey to your local grocery store. "Failures do occur, even in good companies that are doing a very good job," he says.

Still, Bourquin says, the FDA's proposed rules will have a big impact, especially on companies that have not been insisting on safety audits at their foreign suppliers. "There are companies that don't do this," he says. The FDA rules "will make some companies take it much more seriously." Even companies that are carrying out safety audits and testing, Bourquin says, like the plant in Turkey, can always find ways to do it even better.

Source: http://www.npr.org/blogs/thesalt/2013/08/01/207953614/what-poisoned-pomegranates-tell-us-about-food-safety?ft=1&f=1007

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Friday, August 2, 2013

Largest neuronal network simulation to date achieved using Japanese supercomputer

[unable to retrieve full-text content]Scientists have carried out the largest general neuronal network simulation to date.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/computers_math/information_technology/~3/seO1ykZF0A4/130802080237.htm

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Adam Rutherford's Creation Science (the Real Kind), Part 1

Science Talk

Science journalist, author and Nature editor Adam Rutherford talks about new book Creation: How Science Is Reinventing Life Itself, which looks at the science of the origin of life and at the emerging science of synthetic biology

More Science Talk

Science journalist, author and Nature editor Adam Rutherford talks about new book Creation: How Science Is Reinventing Life Itself, which looks at the science of the origin of life and at the emerging science of synthetic biology.???

Also check out the podcast interview with Nobel laureate Jack Szostak about his origin of life research. And the podcast interview with Jerry Coyne about his book Why Evolution Is True. As well as the preview of the article Are Aliens Among Us?


Source: http://rss.sciam.com/~r/sciam/chemistry/~3/z_TN48zs_CU/episode.cfm

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Thursday, August 1, 2013

Music from a 400-year-old cutting edge In Stile Moderno finds outlet for its creative energy in 17th century Italian baroque revolution

Thursday August 1, 2013

BRATTLEBORO -- The last time he performed in Brattleboro about 10 years ago, Nathaniel Cox was pretty sure he was going to be an orchestral trumpet player.

That all changed as he was studying modern trumpet at Oberlin College and Conservatory

"I began to see that life as an orchestral trumpet player was looking somewhat limiting," said Cox, who grew up in Brattleboro, where his trumpet skills were nurtured by Jim Kurty, Steve Rice and Dan Farina, and he performed and clowned with Stephen Stearns at New England Youth Theatre.

To free himself from what he saw as the limitations of life in the trumpet section of a symphony orchestra, Cox eventually found himself traveling back four centuries, where he discovered the surprisingly innovative and experimental baroque music composed in the early 17th century in Italy.

Dubbed "In Stile Moderno" (in the modern style), this music was created by composers in Italy who were interested in breaking loose from the older, polyphonic style. Championed by royal patrons in Italy, it quickly spread across Europe. Ultimately, it caught Cox?s attention.

"Early music really kind of attracted me. There?s so much flexibility. There?s so much you can do," said Cox.

If that seems counter-intuitive to you, it did to me, but Cox explained that in classical composition, "there?s a whole movement toward specifity."

Early music leaves more up to the musician

in terms of instrumentation, ornamentation and improvisation and that appealed to Cox.

On Sunday, Cox will be returning to his hometown to perform music of the early Italian baroque with his ensemble, In Stile Moderno. The concert, which will feature the old and evocative sounds of cornetto, theorbo, soprano voice and harpsichord takes place at 4 p.m., in the sanctuary of St. Michael Episcopal Church, 16 Bradley Ave.

The program, titled "Un Concerto per Barberini," brings together music composed under the patronage of Cardinal Francesco Barberini, the nephew of Pope Urban VIII. This concert will feature the works of two of the musicians in his patronage -- Girolamo Frescobaldi and Johannes Hieronymus Kapsberger, both of whom were virtuoso musicians.

Founded in 2012 in Basel, Switzerland, where Cox lives, In Stile Moderno features soprano Agnes Coakley and cornettist/theorbist Cox and is devoted to exploring the music of the "new style" that had its origins in late 16th century Florence. They will be joined by Benjamin Katz on harpsichord.

In addition to playing this music because they?re passionate about it, In Stile Moderno strives to champion both these two composers, who are less well-known than other contemporaries like Monteverdi, and to champion this music in general, which has retained an excitement and electricity through the centuries.

"There is kind of a double meaning in the name ?In Stile Moderno.? ... I think we want to bring a fresh approach to this music. We?re not just picking up 400-year-old fossils, we?re making this music alive now," said Cox. "We?re trying to bring freshness to the music.

"In my experience, contemporary music and early music tend to attract the same kind of people, and there?s a surprising number who do both," he added.

In exploring this music, Cox discovered two new instruments. One is the cornetto, a natural step for a trumpet player since it is a wooden horn wrapped in leather, with finger holes like those of a recorder.

Cox described it as being "like if you merged a trumpet with an oboe with a flute" and added that in the 17th century, it was the instrument "best able to imitate the sound of the human voice."

The other instrument is the theorbo, and it represents a new direction entirely for Cox.

He described the theorbo as a bass lute -- with the six regular strings of a lute and eight additional bass strings. It?s ideal for bass accompaniment. Knowing of Cox?s affinity for early music, a friend in Basel recommended he try playing one.

"In Basel, it?s not hard to find. You walk down the street and trip over a dozen theorbo players," Cox said.

The concert the ensemble will play in Brattleboro is also scheduled to be performed in the Boston area on July 30-31 and Aug. 1, under the sponsorship of the Society for Historically Informed Performance.

St. Michael?s Episcopal Church is handicapped-accessible. Admission to Sunday?s concert is by donation, with $15 suggested. For more information, contact Doug Cox at 802-257-1024 or dcox@sover.net.

Source: http://www.reformer.com/ci_23771659/music-from-400-year-old-cutting-edge-stile?source=rss_viewed

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Real Estate Down Slightly During The Second Quarter | Marotta On ...

Real Estate during 2Q 2013

Real Estate Stocks are an important part of the category of Resource Stocks, sometimes called ?Hard Asset? Stocks. They were down slightly in the second quarter of 2013. Foreign real estate was down more for the quarter because the U.S. Dollar strengthened against foreign currencies.

  • Vanguard REIT ETF (VNQ) was down 1.6% during the second quarter, but still up 9.08% for the past year and still averaging 8.11% for the last 5 years.
  • Vanguard Global ex-U.S. Real Estate ETF (VNQI) was down 6.72% during the second quarter, but still averaging 18.29% for the past year.

We still recommend a healthy allocation to publicly traded real estate investment trusts.

Source: http://www.marottaonmoney.com/real-estate-down-slightly-during-the-second-quarter/

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Aquatic playground can turn water tanks into fish schools

[unable to retrieve full-text content]Raising fish in tanks that contain hiding places and other obstacles can make the fish both smarter and improve their chances of survival when they are released into the wild, according to scientists.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/strange_science/~3/vWg_zB0ZT3U/130730193532.htm

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Apple Inc. (AAPL) And Samsung Dominate Value Share: Canaccord

Apple Inc. (NASDAQ:AAPL) remained the most profitable company in the smartphone market compared with its competitors in terms of profit value share, according to investment research firm, Cannacord Genuity.

Apple

Apple (AAPL) Value shares down in second quarter

Based on the latest data released by Cannacord Genuity senior analyst, Michael Walkley,?Apple Inc. (NASDAQ:AAPL) value share in smartphone profits during the second quarter was 53% down from 57% in the first quarter. Its value share is even significantly lower than its 69% value share in 2012.

For the June quarter,?Apple Inc. (NASDAQ:AAPL) reported that it sold 31.2 million iPhones compared with 26 million units sold a year ago.

Despite the decline in Apple Inc. (NASDAQ:AAPL)?s share in smartphone profits, it is interesting to note that the iPhone maker remains more profitable than its strongest rival,?Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) with 50% value share in the second quarter.

Samsung?s market share grow every year

It is also important to note that the South Korean electronics manufacturer?s value share in the smartphone market continues to grow every year. In 2011, its value share was 17% and the following year its share jump substantially to 34%. In the first quarter of 2013, its value share increased by 11% to 43%. The figures clearly shows that?Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) is taking a bite out of Apple Inc. (NASDAQ:AAPL) as well as other competitors in the market.

During the second quarter, Walkley estimated that Samsung shipped approximately 72.5 million smartphones, up from 69.7 million units shipped in the previous quarter. Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930)?s IT Mobile Communications unit posted?KRW 35.54 trillion sales.

Walkley?s research showed that the smartphone market is 100% dominated by?Apple Inc. (NASDAQ:AAPL) and Samsung because the profit value share of other manufacturers in the industry have were, break-even, zero or negative.

Other companies negative in value shares

Data showed that the smartphone profit value shares of Nokia Corporation (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V), LG Electronics Inc. (KRX:066570) (KRX:066575), and Sony Ericsson recorded 0% profit value shares.?BlackBerry Ltd (NASDAQ:BBRY) and?Motorola Mobility Holdings Inc (NYSE:MMI) posted negative value shares.

In terms of smartphone operating system unit share, Cannacord Genuity revealed that the Android operating system of Google Inc (NASDAQ:GOOG) is the market leader with 74.6%. Apple Inc. (NASDAQ:AAPL)?s iOS operating system has only 13.5% market share while Microsoft Corporation (NASDAQ:MSFT)?s Windows Phone has 5.1% market share and the BlackBerry 10 operating system has 2.9% market share.

Walkley estimated that Android OS will gain another 2.5% in the next quarter to 77.1%. The iOS and the Windows Phone will decline by 2% and 0.3%, respectively to 11.5% and 4.8%.

According to Walkley, the major smartphone suppliers will profit from LTE smartphone sales growth in Western markets and global upgrades from feature phones to 3G smartphones. The analyst believe that the sales of smartphone globally is better than feared by investors. Walkley said, ?In fact, we believed depressed valuations reflect an overly pessimistic view of the global smartphone market.?

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This entry was posted on July 31, 2013 at 8:00 pm and is filed under Technology. You can follow any responses to this entry through the RSS 2.0 feed.

Source: http://www.valuewalk.com/2013/07/apple-inc-aapl-and-samsung-dominate-value-share/

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