Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/286930730?client_source=feed&format=rss
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Having a late first-round pick in the NFL Draft doesn?t mean you?re sitting pretty.
On the contrary, there are several teams that come to mind with glaring positional gaps ?gaps they need to fill quick, fast and in a hurry.
The following franchises aren?t in terrible shape, but they have very specific needs they must meet if they want to improve in 2013.
And they?ll have to make moves in the draft to do it.
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New England Patriots
The Patriots secondary has been beaten like it stole something over the past few seasons, and with 2012 draft pick Alfonzo Dennard facing up to six years in prison, their chances of improving just dropped again.
Drafting defensive backs has obviously been a perilous affair for Bill Belichick, but if the team won?t shell out for free agents like Charles Woodson or Terrence McGee, they need to move up from their 29th position and pick Dee Milliner before the Lions do.
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Indianapolis Colts
Sitting 24th in the drafting order, the Indianapolis Colts are missing out on a chance to pick up the elite-level talent they need to reinforce their flimsy pass-protection.
Andrew Luck was sacked 41 times over the course of the 2012 season, and if the Colts? want to make it deep into playoffs, they need to trade up and pick a starting-quality offensive lineman who can become an immediate impact for them.
It?s not sexy, but they need to make it happen.
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Houston Texans
The Texans started the 2012 season with a red-hot 12-1 record, but injury problems on the defensive side of the ball caused the Texans to falter down the stretch.
The Texans don?t have a glaring positional gap at defensive end, but Antonio Smith is 31 years old. That being said, Houston could stand to move up from their 27th pick and secure another elite defensive end like LSU?s Barkevious Mingo in order to nail down the future of the team?s defensive line.?
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Chicago Bears
The Bears need an offensive line, and they need it yesterday.
Chicago?s o-line allowed 38 sacks on Jay Cutler in last season, and if they don?t want to end 2013 like they did 2011 (with their quarterback injured on the bench being hated by the entire city) they need to make moves.
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HP just reported a quarter that beat expectations.
On a call with Wall Street analysts, HP's CEO Meg Whitman compared the company to someone struck down with a illness.
"The patient shows improvement," she said.
She said that despite the fact that year-over-year revenue declined in just about every segment.
Only HP Financial Services, a tiny financing arm, saw revenue grow?at 1%.
But these results are better than the brutal year-over-year revenue losses HP showed in the previous quarter. And HP is cutting costs and fixing its debt situation. That seems to be Whitman's argument.
Here's the relevant chart shows the patient's progress. You can see that the losses have stabilized.
Source: http://www.businessinsider.com/hp-ceo-meg-whitman-the-patient-shows-improvement-2013-2
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4:00p JV Boys Basketball Ferris @ Mead4:00p JV Boys Basketball LC @ SP4:00p JV Boys Basketball Mt. Spokane @ GP4:00p JV Boys Basketball NC @ CV4:00p JV Boys Basketball University @ Rogers4:00p JV Girls Basketball Ferris @ Mead4:00p JV Girls Basketball LC @ SP4:00p JV Girls Basketball Mt. Spokane @ GP4:00p JV Girls Basketball NC @ CV4:00p JV Girls Basketball University @ Rogers5:30p Frosh Boys Basketball CV @ NC5:30p Frosh Boys Basketball GP @ Mt. Spokane5:30p Frosh Boys Basketball Mead @ Ferris5:30p Frosh Boys Basketball Rogers @ University5:30p Frosh Boys Basketball SP @ LC5:30p Frosh Girls Basketball CV @ NC5:30p Frosh Girls Basketball GP @ Mt. Spokane5:30p Frosh Girls Basketball Mead @ Ferris5:30p Frosh Girls Basketball Rogers @ University5:30p Frosh Girls Basketball SP @ LC5:30p Varsity Boys Basketball Ferris @ Mead5:30p Varsity Boys Basketball LC @ SP5:30p Varsity Boys Basketball Mt. Spokane @ GP5:30p Varsity Boys Basketball NC @ CV5:30p Varsity Boys Basketball University @ Rogers7:00p C-Team Boys Basketball G-Prep C-Team @ Mt Spokane7:00p C-Team Girls Basketball G-Prep C-Team @ Mt Spokane7:00p Varsity Girls Basketball Ferris @ Mead7:00p Varsity Girls Basketball LC @ SP7:00p Varsity Girls Basketball Mt. Spokane @ GP7:00p Varsity Girls Basketball NC @ CV7:00p Varsity Girls Basketball University @ Rogers |
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4:00p Frosh Boys Basketball Ferris @ NC4:00p Frosh Boys Basketball GP @ University4:00p Frosh Boys Basketball Mead @ SP4:00p Frosh Boys Basketball Mt. Spokane @ LC4:00p Frosh Boys Basketball Rogers @ CV4:00p JV Boys Basketball Ferris @ NC4:00p JV Boys Basketball GP @ University4:00p JV Boys Basketball Mead @ SP4:00p JV Boys Basketball Mt. Spokane @ LC4:00p JV Boys Basketball Rogers @ CV4:00p JV Girls Basketball CV @ Rogers4:00p JV Girls Basketball LC @ Mt. Spokane4:00p JV Girls Basketball NC @ Ferris4:00p JV Girls Basketball SP @ Mead4:00p JV Girls Basketball University @ GP5:00p JV Wrestling Districts @ Ferris5:30p Frosh Girls Basketball CV @ Rogers5:30p Frosh Girls Basketball LC @ Mt. Spokane5:30p Frosh Girls Basketball NC @ Ferris5:30p Frosh Girls Basketball SP @ Mead5:30p Frosh Girls Basketball University @ GP5:30p Varsity Boys Basketball Ferris @ NC5:30p Varsity Boys Basketball GP @ University5:30p Varsity Boys Basketball Mead @ SP5:30p Varsity Boys Basketball Mt. Spokane @ LC5:30p Varsity Boys Basketball Rogers @ CV7:00p Varsity Girls Basketball Ferris @ NC7:00p Varsity Girls Basketball GP @ University7:00p Varsity Girls Basketball Mead @ SP7:00p Varsity Girls Basketball Mt. Spokane @ LC7:00p Varsity Girls Basketball Rogers @ CV |
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Source: http://gsl.tandemcal.com/index.php?type=view&action=event&id=4629
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SAN FRANCISCO (Reuters) - LivingSocial was forced to make large concessions to persuade some of its biggest investors to plow another $110 million into the second-largest daily-deal company, analysts and investors said on Friday.
Analysts say those investors secured advantageous terms potentially at the expense of LivingSocial's other backers. The nature of those terms shed new light on an investment that Chief Executive Tim O'Shaughnessy declared on Wednesday "a tremendous vote of confidence in our business."
For their $110 million, investors got special preferred securities that pay a 3 percent annual dividend, and almost guarantee that they get money before any proceeds from a sale of the company or an initial public offering go to earlier investors, according to a recently updated certificate of incorporation for LivingSocial viewed by Reuters.
The deal also requires LivingSocial to repay some or all of the money from the latest round of financing in four years, if there has not been a liquidity event - such as a sale or IPO. That measure, which protects their investment, would require 75 percent of the holders of the new securities, known as Series G, to vote for repayment, the certificate shows.
"The investors took their pound of flesh for LivingSocial to get this money," Sam Hamadeh of PrivCo, a research firm focused on private companies, said on Friday.
Like larger rival Groupon
LivingSocial raised hundreds of millions of dollars from Amazon.com Inc and venture capital firms to chase Groupon in the once-hot business. Then Groupon went public in 2011 and subsequently lost about two-thirds of its market value, putting pressure on LivingSocial's own valuation.
In a research report on Wednesday, Hamadeh described the deal as "emergency debt financing." O'Shaughnessy disputed PrivCo's report, so Hamadeh has since updated his research to show that the deal was equity, not debt.
"We wanted to clarify that," Hamadeh said on Friday. "But it's about as debt-like as you can get. They had to give up a lot."
Amazon and LivingSocial declined to comment for this story on Friday.
$3 BILLION VALUATION DROP?
In the latest round, LivingSocial sold 7.5 percent of the company for $110 million. That suggests the company is worth almost $1.5 billion now. In an earlier round of financing, the company was valued at roughly $4.5 billion.
"Yes, this was a down round, which I'm sure is not a shock to anyone," the CEO wrote. "Our main comp (comparison) in the market is down significantly from when we last fundraised."
Taking into account the special rights that the new Series G securities grant to their holders, the valuation is likely lower than $1.5 billion. That is because the preferred shares will effectively give the holders a stake in the company that is larger than 7.5 percent, in most future scenarios.
The Series G securities include a so-called liquidation preference, O'Shaughnessy noted in the memo.
Liquidation preferences, common in later rounds of venture capital financing, give investors the right to get back at least their original investment in the case of a liquidity event.
In the case of LivingSocial, a preference of one times the investment would mean Series G holders get $110 million back from a liquidity event, before other investors receive any proceeds. PrivCo said the round included liquidation preferences up to "several times" the $110 million.
O'Shaughnessy said in his memo that the preference was nowhere near the four times suggested in PrivCo's report, but conceded that it "slides up or down" based on a metric tied to LivingSocial's financial performance. He did not elaborate.
"Those investors are looking for some downside protection," said Lou Kerner, managing partner of The Social Internet Fund, which invests in rapidly growing social and mobile companies.
(Reporting by Alistair Barr; editing by Edwin Chan and Prudence Crowther)
Source: http://news.yahoo.com/livingsocial-investors-pound-flesh-financing-022026159--sector.html
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Shot by photographer Zlatimir Arakliev, the ELLE Bulgaria 'Rhytms of Africa' editorial is set to appear in the March 2013 issue of the magazine. It stars models Gloria P. and Dzhu Pi. They were both styled by Antonia Yordanova with finishing touches by hairstylist Kristina Topalova and makeup artist Slav.
Source: http://www.trendhunter.com/trends/elle-bulgaria-rhytms-of-africa
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