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Robot bat wing reveals how mammals took flight and beat birds at their own game
2013-02-26 17:42:59| Extremetech
Brown University scientists built a mechanical wing to precisely mimic the structure and range of motion of the real thing, and to measure the effects of tiny changes in those motions.
Consumers beat expectations despite higher payroll tax
2013-02-25 01:43:25| Auto Dealers - Topix.net
So far, higher payroll taxes, late refunds and rising gas prices have hurt consumer spending less than some economists expected.
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Lance Gokongwei on Big John: You can never beat the original
2013-02-23 05:52:59| IT Services - Topix.net
JG Summit president Lance Gokongwei describes his father John Gokongwei Jr. as a "fearless" entrepreneur who wasn't afraid to challenge giants such as Philippine Airlines and Philippine Long Distance Telephone Co.
Car dealer recruited gang to beat up Colne mechanics
2013-02-22 09:09:43| Auto Dealers - Topix.net
A CAR dealer, who recruited a gang to viciously beat up two mechanics because his vehicle wasn't resprayed in time, has been ordered to pay A 1,000 compensation and A 1,400 court costs.
HP quarterly profits beat expectations
2013-02-22 08:15:00| Telecompaper Headlines
(Telecompaper) HP reported adjusted EPS for its fiscal first quarter of USD 0.82, down 11 percent from the prior year, but above its earlier outlook of 68-71 cents. On a reported basis, EPS fell 14 percent to USD 0.63, also better than expected. Revenue for the three months to January declined 6 percent to USD 28.4 billion, led by an 8 percent fall in its Personal Systems business due to the slowdown in the PC market. Printing revenue was down 5 percent, Enterprise equipment revenue fell 4 percent, Enterprise service revenue declined 7 percent, and Software revenue fell 2 percent. Operating cash flow more than doubled compared to a year earlier to USD 2.6 billion, and the company said it devoted USD 1 billion to net debt reduction in the quarter and will continue to focus on improving its balance sheet. For the second quarter, HP forecast adjusted EPS of USD 0.80-0.82 and reported EPS of USD 0.38-0.40, including 42 cents per share of costs for the amortization of purchased intangible assets, restructuring charges and acquisition-related charges. HP maintained its full-year outlook, saying it expects the benefits of the restructuring started last year to accelerate in the course of the year.
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