text:
Maple Leaf Foods Reports Results for Third Quarter 2012
TSX: MFI
www.mapleleaffoods.com
TORONTO, Oct. 31, 2012 /PRNewswire/ - Maple Leaf Foods Inc. (TSX: MFI) today reported its financial results for the third quarter ended September 30, 2012.
Adjusted Operating Earnings(1) for the third quarter were $76.3 million compared to $73.3 million last year
Net earnings for the third quarter were $32.6 million, compared to $43.0 million in the third quarter last year
Adjusted Earnings per Share(2) were $0.29 compared to $0.34 last year ($0.27 excluding a $9.8 million tax adjustment associated with a prior acquisition)
"Our third quarter marked a return to operating profit growth in 2012 as we continue to enhance performance in our base business and execute our value creation strategies," said Michael H. McCain, President and CEO. "We are achieving earnings growth in our consumer facing prepared meats and bakery businesses, and managing higher input costs through responsible pricing. While the challenges of consumer bread demand and pork market conditions continue, we are seeing signs of improvement in both."
(1): Adjusted Operating Earnings, a non-IFRS measure, is defined as earnings from operations before restructuring and other related costs and associated gains, other income (expense) and the impact of the change in fair value of non-designated interest rate swaps, unrealized (gains) losses on commodity futures contracts and the change in fair value of biological assets.
(2): Adjusted Earnings per Share ("Adjusted EPS"), a non-IFRS measure, is defined as basic earnings per share adjusted for the impact of restructuring and other related costs and associated gains, the impact of the change in fair value of non-designated interest rate swaps, hedge ineffectiveness recognized in earnings, unrealized (gains) losses on commodity futures contracts, and the change in fair value of biological assets, net of tax and non-controlling interest.
Please refer to the section entitled Reconciliation of Non-IFRS Financial Measures at the end of this news release.
Business Segment Review
Following is a summary of sales by business segment:
(Unaudited) Third Quarter Year-to-Date
($ thousands) 2012 2011 2012 2011
Meat Products Group $ 761,172 $ 777,194 $ 2,262,680 $ 2,257,647
Agribusiness Group 76,463 67,934 221,303 196,145
Protein Group $ 837,635 $ 845,128 $ 2,483,983 $ 2,453,792
Bakery Products Group 401,294 417,025 1,176,019 1,194,504
Sales $ 1,238,929 $ 1,262,153 $ 3,660,002 $ 3,648,296
The following table summarizes Adjusted Operating Earnings by business segment:
Meat Products Group $ 28,837 $ 20,766 $ 73,139 $ 68,515
Agribusiness Group 17,620 25,440 55,776 67,151
Protein Group $ 46,457 $ 46,206 $ 128,915 $ 135,666
Bakery Products Group 30,808 28,094 66,224 70,165
Non-allocated costs in Adjusted
Operating Earnings(i) (934) (953) (6,404) (4,261)
Adjusted Operating Earnings $ 76,331 $ 73,347 $ 188,735 $ 201,570
(i) Non-allocated costs comprise expenses not separately identifiable to business segment groups, and do not form part of the measures used by the Company when assessing the segments' operating results.
Sales for the Protein Group, which includes the Company's Meat Products Group and Agribusiness Group, declined 0.9% to $837.6 million in the third quarter of 2012, from $845.1 million for the prior year period. Adjusted Operating Earnings were $46.5 million compared to $46.2 million for the third quarter last year. Results for the Company's Meat Products Group and Agribusiness Group should be viewed in combination due to intercompany transactions and correlated factors within these operations.
Meat Products Group
Includes value-added prepared meats, lunch kits; and fresh pork, poultry and turkey products sold to retail, foodservice, industrial and convenience channels. Includes leading Canadian brands such as Maple Leaf ®, Schneiders ® and many leading sub-brands.
Meat Products Group sales for the third quarter declined 2.1% to $761.2 million from $777.2 million for the third quarter last year. After adjusting for the impact of a weaker Canadian dollar, which increased the sales value of pork exports, sales declined 2.9%, primarily due to lower foodservice sales in the prepared meats business.
Adjusted Operating Earnings for the third quarter increased 38.9% to $28.8 million compared to $20.8 million last year, driven by strong earnings growth in the prepared meats and fresh poultry businesses.
Branded sales growth and innovation, as well as operating cost reductions drove margin expansion in the prepared meats business. The Company's network transformation initiatives also contributed to results, although earnings growth was partly offset by lower sales volumes. The Company continues to manage cost inflation through price increases as required.
Sales of higher value products under the Maple Leaf Prime chicken brand and improvements in industry poultry processor margins drove higher earnings in the fresh poultry operations.
Earnings in primary pork processing were consistent with last year as higher pricing and margins in international exports were offset by weaker industry margins in North America.
Agribusiness Group
Consists of Canadian hog production, animal by-product recycling operations including bio-diesel manufacturing and distribution.
Sales in the Agribusiness Group increased 12.6% to $76.5 million for the third quarter compared to $67.9 million last year, reflecting higher toll feed sales.
Adjusted Operating Earnings for the third quarter of 2012 decreased 30.7% to $17.6 million compared to $25.4 million last year. Hog production earnings were lower due to a combination of higher feed costs and lower market prices for hogs. Lower earnings in the by-products recycling operations compared to historically strong levels last year as prices paid for raw materials and operating costs increased.
Bakery Products Group
Includes fresh and frozen bakery products, including breads, rolls, bagels, specialty and artisan breads, sweet goods, and fresh pasta and sauces sold to retail, foodservice and convenience channels. It includes national brands such as Dempster's®, Tenderflake®, Olivieri® and New York Bakery CoTM, and many leading regional brands.
Bakery Products Group sales for the third quarter decreased 3.8% to $401.3 million, compared to $417.0 million last year. After adjusting for the closure of a bakery in the U.K. and currency translation on sales in the U.S. and U.K., sales declined 2.3%, primarily related to lower volume in the fresh bakery business.
Adjusted Operating Earnings for the third quarter of 2012 increased 9.7% to $30.8 million compared to $28.1 million last year, driven by higher earnings in the fresh bakery and North American frozen bakery operations, partly offset by lower earnings in the fresh pasta business. Earnings in the U.K. bakery business were consistent with last year. Results benefited from positive hedging activities for raw materials during the quarter, although the Company continues to experience inflationary costs and projected increases in flour and dairy costs that will require offsetting price increases. Fresh bakery volumes were consistent with the second quarter of 2012, but lower than last year, reflecting industry volume declines. Despite the lower volumes, margins expanded in the fresh bakery business, principally through cost management. The North American frozen bakery business benefited from higher pricing and increased sales volumes compared to last year. In the U.K., improvements from cost reduction strategies, including the closure of a bakery in the first quarter, were offset by lower volumes and costs of commissioning new croissant capacity.
On October 30, 2012, the Company declared a dividend of $0.04 per share payable December 31, 2012 to shareholders of record at the close of business on December 7, 2012. Unless indicated otherwise by the Company in writing on or before the time the dividend is paid, the dividend will be considered an Eligible Dividend for the purposes of the "Enhanced Dividend Tax Credit System".
An investor presentation related to the Company's third quarter financial results is available at www.mapleleaffoods.com and can be found under Investor Relations on the Quarterly Results page. A conference call will be held at 2:30 p.m. EDT on October 31, 2012 to review Maple Leaf Foods' third quarter financial results. To participate in the call, please dial 416-340-8018 or 866-223-7781. For those unable to participate, playback will be made available an hour after the event at 905-694-9451 / 800-408-3053 (Passcode 9670637).
A webcast presentation of the third quarter financial results will also be available at http://www.media-server.com/m/p/joy9ce24
The Company's full financial statements and related Management's Discussion and Analysis are available for download on the Company's website.
Reconciliation of Non-IFRS Financial Measures
The Company uses the following non-IFRS measures: Adjusted Operating Earnings and Adjusted EPS. Management believes that these non-IFRS measures provide useful information to both Management and investors in measuring the financial performance of the Company for the reasons outlined below. These measures do not have a standardized meaning prescribed by IFRS and therefore they may not be comparable to similarly titled measures presented by other publicly traded companies and should not be construed as an alternative to other financial measures determined in accordance with IFRS.
Adjusted Operating Earnings
The following tables reconcile earnings from operations before restructuring and other related costs and associated gains, other income (expense) and the impact of the change in fair value of non-designated interest rate swaps, unrealized (gains) losses on commodity futures contracts and the change in fair value of biological assets to net earnings as reported under IFRS in the unaudited earnings for the three and nine months ended, as indicated below. Management believes that this basis is the most appropriate on which to evaluate operating results, as restructuring and other related costs, other income (expense) and the change in fair value of non-designated interest rate swaps, unrealized (gains) losses on commodity futures contracts and the change in fair value of biological assets are not representative of operational results during the period.
Meat Bakery
(Unaudited) Products Agribusiness Products Unallocated
($ thousands) Group Group Group costs Consolidated
Net earnings $ 32,581
Income taxes 12,806
Earnings from operations before income taxes $ 45,387
Interest expense 18,442
Change in the fair value of non-designated
interest rate swaps (2,247)
Other income (829) (66) 13 (667) (1,549)
Restructuring and other related costs 4,414 - 170 - 4,584
Earnings from Operations $ 28,837 $ 17,620 $ 30,808 $ (12,648) $ 64,617
Decrease in fair value of biological assets - - - 13,038 13,038
Unrealized gains on commodity futures contracts - - - (1,324) (1,324)
Adjusted Operating Earnings $ 28,837 $ 17,620 $ 30,808 $ (934) $ 76,331
Income taxes 4,192
interest rate swaps 10,423
Other income (4,059) (680) (286) (123) (5,148)
Restructuring and other related costs 2,966 - 1,598 318 4,882
Earnings from Operations $ 20,766 $ 25,440 $ 28,094 $ 983 $ 75,283
Increase in fair value of biological assets - - - (3,227) (3,227)
Unrealized losses on commodity futures contracts - - - 1,291 1,291
Other income (2,996) (589) (1,358) 93 (4,850)
Restructuring and other related costs 27,456 - 7,259 - 34,715
Earnings from Operations $ 73,139 $ 55,776 $ 66,224 $ (24,277) $ 170,862
Adjusted Operating Earnings $ 73,139 $ 55,776 $ 66,224 $ (6,404) $ 188,735
Other income (4,088) (743) (364) (32) (5,227)
Restructuring and other related costs 12,296 - 34,195 1,111 47,602
Earnings from Operations $ 68,515 $ 67,151 $ 70,165 $ (3,927) $ 201,904
Decrease in fair value of biological assets - - - 1,094 1,094
The following table reconciles Adjusted Earnings per Share to basic earnings per share as reported under IFRS as indicated below. Management believes this basis is the most appropriate on which to evaluate financial results as restructuring and other related costs and associated gains, the changes in the fair value of non-designated interest rate swaps, hedge ineffectiveness recognized in earnings, unrealized (gains) losses on commodity futures contracts and the change in fair value of biological assets net of tax and non-controlling interests are not representative of operational results.
Three months ended Nine months ended
(Unaudited) September 30, September 30,
($ per share) 2012 2011 2012 2011
Basic earnings per share $ 0.22 $ 0.29 $ 0.44 $ 0.53
Restructuring and other related costs(i) 0.02 0.03 0.19 0.24
Gains associated with restructuring and other related activities(i) - (0.02) - (0.02)
Change in the fair value of non-designated interest rate swaps(ii) (0.01) 0.05 (0.04) 0.06
Change in the fair value of unrealized (gains) losses on commodity
futures contracts(ii) (0.01) 0.01 0.02 (0.01)
Change in the fair value of biological assets(ii) 0.07 (0.02) 0.07 0.01
Adjusted Earnings per Share(iii) $ 0.29 $ 0.34 $ 0.67 $ 0.81
(i) Includes per share impact of restructuring and other related costs and associated gains, net of tax and
non-controlling interest.
(ii) Includes per share impact of the change in fair value of non-designated interest rate swaps, hedge ineffectiveness
recognized in earnings, unrealized (gains) losses on commodity futures contracts and the change in fair value of
biological assets, net of tax.
(iii) May not add due to rounding.
This document contains, and the Company's oral and written public communications often contain, "forward-looking information" within the meaning of applicable securities law. These statements are based on current expectations, estimates, forecasts and projections about the industries in which the Company operates and beliefs and assumptions made by the Management of the Company. Such statements include, but are not limited to, statements with respect to objectives and goals, as well as statements with respect to beliefs, plans, objectives, expectations, anticipations, estimates and intentions. Specific forward-looking information in this document includes, but is not limited to, statements with respect to the anticipated benefits, timing, actions, costs and investments associated with the Company's Value Creation Plan, expectations regarding improving business trends, expectations regarding actions to reduce costs, restore and/or promote volumes and/or increase prices, improve efficiencies, expected duplicative overhead costs incurred due to the concurrent operation of the new Hamilton fresh bakery and existing bakeries, the expected use of cash balances, source of funds for ongoing business requirements, capital investments and debt repayment, and expectations regarding sufficiency of the allowance for uncollectible accounts. Words such as "expect", "anticipate", "intend", "attempt", "may", "will", "plan", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance and involve assumptions and risks and uncertainties that are difficult to predict.
In addition, these statements and expectations concerning the performance of the Company's business in general are based on a number of factors and assumptions including, but not limited to: the condition of the Canadian, U.S., U.K. and Japanese economies; the rate of exchange of the Canadian dollar to the U.S. dollar, U.K. British pound and the Japanese yen; the availability and prices of raw materials, energy and supplies; product pricing; the availability of insurance; the competitive environment and related market conditions; improvement of operating efficiencies whether as a result of the Value Creation Plan or otherwise; continued access to capital; the cost of compliance with environmental and health standards; no adverse results from ongoing litigation; no unexpected actions of domestic and foreign governments; and the general assumption that none of the risks identified below or elsewhere in this document will materialize. All of these assumptions have been derived from information currently available to the Company including information obtained by the Company from third-party sources. These assumptions may prove to be incorrect in whole or in part. In addition, actual results may differ materially from those expressed, implied or forecasted in such forward-looking information, which reflect the Company's expectations only as of the date hereof.
Factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by forward-looking information is discussed more fully in the Company's Annual Management's Discussion and Analysis for the period ended December 31, 2011 including the section entitled "Risk Factors", that are updated each quarter in the Management's Discussion and Analysis, and are available on SEDAR at www.sedar.com. The Company does not intend to, and the Company disclaims any obligation to, update any forward-looking information, whether written or oral, or whether as a result of new information, future events or otherwise except as required by law.
Maple Leaf Foods Inc. ("Maple Leaf" or the "Company") is a leading Canadian value-added meat, meals and bakery company committed to delivering quality food products to consumers around the world. Headquartered in Toronto, Canada, the Company employs approximately 19,500 people at its operations across Canada and in the United States, Europe and Asia.
(Expressed in Canadian dollars)
MAPLE LEAF FOODS INC.
Three and nine months ended September 30, 2012 and 2011
As at September 30, As at September 30, As at December 31,
(In thousands of Canadian dollars) 2012 2011 2011
Cash and cash equivalents $ 87,300 $ - $ -
Accounts receivable 85,508 99,375 133,504
Notes receivable 138,742 147,322 98,545
Inventories 313,485 302,864 293,231
Biological assets 40,123 49,154 49,265
Income and other taxes recoverable 43,039 47,530 43,789
Prepaid expenses and other assets 19,419 16,855 24,688
Assets held for sale 23,259 - -
Property and equipment 1,122,881 1,059,553 1,067,246
Investment property 13,740 11,584 11,232
Employee benefits 101,840 128,613 133,942
Other long-term assets 11,930 12,751 11,926
Deferred tax asset 146,484 138,204 127,456
Goodwill 752,590 754,935 753,739
Intangible assets 207,264 186,070 191,896
Total assets $ 3,107,604 $ 2,954,810 $ 2,940,459
LIABILITIES AND EQUITY
Bank indebtedness $ 31,279 $ 17,729 $ 36,404
Accounts payable and accruals 459,491 488,399 482,059
Provisions 27,382 43,065 44,255
Current portion of long-term debt 6,068 221,792 5,618
Other current liabilities 17,624 73,153 20,409
Long-term debt 1,119,045 715,986 941,956
Other long-term liabilities 81,784 77,504 88,153
Deferred tax liability 8,617 26,444 11,703
Total liabilities $ 2,209,572 $ 2,054,015 $ 2,010,346
Share capital $ 902,810 $ 902,810 $ 902,810
Retained deficit (122,156) (82,034) (78,674)
Contributed surplus 80,956 71,820 64,327
Accumulated other comprehensive loss (13,942) (18,332) (17,042)
Treasury stock (15,370) (38,915) (6,347)
Total shareholders' equity $ 832,298 $ 835,349 $ 865,074
Non-controlling interest 65,734 65,446 65,039
Total equity $ 898,032 $ 900,795 $ 930,113
Total liabilities and equity $ 3,107,604 $ 2,954,810 $ 2,940,459
Consolidated Statements of Earnings
(In thousands of Canadian dollars, except share amounts) Three months ended September 30, Nine months ended September 30,
(Unaudited) 2012 2011 2012 2011
Cost of goods sold 1,052,334 1,062,392 3,102,720 3,067,773
Gross margin $ 186,595 $ 199,761 $ 557,282 $ 580,523
Selling, general and administrative expenses 121,978 124,478 386,420 378,619
Earnings before the following: $ 64,617 $ 75,283 $ 170,862 $ 201,904
Restructuring and other related costs (4,584) (4,882) (34,715) (47,602)
Change in fair value of non-designated
interest rate swaps 2,247 (10,423) 7,180 (11,382)
Other income 1,549 5,148 4,850 5,227
Earnings before interest and income taxes $ 63,829 $ 65,126 $ 148,177 $ 148,147
Interest expense 18,442 17,927 54,498 52,952
Earnings before income taxes $ 45,387 $ 47,199 $ 93,679 $ 95,195
Income taxes 12,806 4,192 27,809 17,059
Net earnings $ 32,581 $ 43,007 $ 65,870 $ 78,136
Attributed to:
Common shareholders $ 30,159 $ 39,943 $ 60,687 $ 73,708
Non-controlling interest 2,422 3,064 5,183 4,428
Earnings per share attributable to
common shareholders
Diluted earnings per share $ 0.21 $ 0.28 $ 0.42 $ 0.52
Weighted average number of shares (millions) 139.5 138.0 139.5 138.8
Consolidated Statements of Comprehensive Loss
(In thousands of Canadian dollars) Three months ended September 30, Nine months ended September 30,
Other comprehensive (loss) income
Change in accumulated foreign currency
translation adjustment (3,985) 10,991 (3,702) 10,085
Change in unrealized gains and losses
on cash flow hedges 2,069 (7,056) 6,312 (4,872)
Change in actuarial gains and losses (50,301) (134,959) (88,466) (134,959)
$ (52,217) $ (131,024) $ (85,856) $ (129,746)
Comprehensive loss $ (19,636) $ (88,017) $ (19,986) $ (51,610)
Common shareholders $ (21,079) $ (91,276) $ (23,792) $ (55,598)
Consolidated Statements of Changes in Total Equity
Attributable to Common Shareholders
other Non-
(In thousands of Canadian dollars) Share Retained Contributed comprehensive Treasury controlling Total
(Unaudited) capital deficit surplus loss stock interest equity
Balance at
December 31, 2011 $ 902,810 $ (78,674) $ 64,327 $ (17,042) $ (6,347) $ 65,039 $ 930,113
Net earnings - 60,687 - - - 5,183 65,870
Other comprehensive
(loss) income - (87,579) - 3,100 - (1,377) (85,856)
Dividends declared
($0.12 per share) - (16,590) - - - (3,202) (19,792)
expense - - 16,229 - - - 16,229
Other - - 400 - - 91 491
Re-purchase of treasury stock - - - - (9,023) - (9,023)
Balance at September 30, 2012 $ 902,810 $ (122,156) $ 80,956 $ (13,942) $ (15,370) $ 65,734 $ 898,032
December 31, 2010 $ 902,810 $ (5,267) $ 59,002 $ (22,585) $ (10,078) $ 62,890 $ 986,772
income (loss) - (133,559) - 4,253 - (440) (129,746)
Decrease in non-controlling interest - - - - - (110) (110)
Re-purchase of treasury stock - - - - (28,837) - (28,837)
Balance at September 30, 2011 $ 902,810 $ (82,034) $ 71,820 $ (18,332) $ (38,915) $ 65,446 $ 900,795
CASH PROVIDED BY (USED IN):
Add (deduct) items not affecting cash:
Change in fair value of biological assets 13,038 (3,227) 14,139 1,094
Depreciation and amortization 33,077 32,356 97,646 97,622
Stock-based compensation 5,490 4,270 16,229 12,818
Deferred income taxes 2,158 8,677 6,022 11,946
Income tax current 10,648 (4,485) 21,787 5,113
Gain on sale of property and equipment (8) (3,884) (421) (3,766)
Gain on disposal of assets held for sale (139) - (459) -
interest rate swaps (2,247) 10,423 (7,180) 11,382
Change in fair value of
derivative financial instruments (2,320) 4,754 3,303 2,832
(Increase) decrease in pension asset (3,806) 2,011 (8,281) 3,819
Net income taxes paid (6,993) (505) (16,512) (18,799)
Interest paid (18,045) (12,740) (53,423) (36,588)
Change in provision for restructuring and
other related costs (525) (7,429) 6,059 20,638
Other (5,567) (1,890) (7,389) (3,714)
Change in non-cash operating working capital (4,661) 39,844 (40,233) (69,530)
Cash provided by operating activities $ 71,123 $ 129,109 $ 151,655 $ 165,955
Dividends paid $ (5,617) $ (5,600) $ (16,590) $ (16,916)
Dividends paid to non-controlling interest (1,271) (564) (2,440) (1,322)
Net increase (decrease) in long-term debt 9,136 (55,724) 189,136 32,041
Increase in financing costs - (272) - (6,396)
Purchase of treasury stock (9,023) (28,837) (9,023) (28,837)
Other (484) (396) (1,267) (1,145)
Cash provided by (used in) financing activities $ (7,259) $ (91,393) $ 159,816 $ (22,575)
Additions to long term-assets $ (78,172) $ (52,328) $ (197,611) $ (160,583)
Capitalization of interest expense (1,609) (1,154) (4,130) (4,491)
Acquisition of business - - (31,130) -
Proceeds from sale of long-term assets 1,102 11,068 5,851 18,743
Proceeds from disposal of assets held for sale 2,417 - 7,974 -
Other (3) 1,032 - 1,080
Cash used in investing activities $ (76,265) $ (41,382) $ (219,046) $ (145,251)
Increase (decrease) in cash and cash equivalents $ (12,401) $ (3,666) $ 92,425 $ (1,871)
Net cash and cash equivalents, beginning of period 68,422 (14,063) (36,404) (15,858)
Net cash and cash equivalents, end of period $ 56,021 $ (17,729) $ 56,021 $ (17,729)
Net cash and cash equivalents is comprised of:
Cash and cash equivalents $ 87,300 $ - $ 87,300 $ -
Bank indebtedness (31,279) (17,729) (31,279) (17,729)
Segmented Financial Info
Three months ended September 30, Nine months ended September 30,
$ 1,238,929 $ 1,262,153 $ 3,660,002 $ 3,648,296
Earnings before restructuring and other
related costs and other income
Non-allocated costs (12,648) 983 (24,277) (3,927)
Capital expenditures
Meat Products Group $ 63,582 $ 19,296 $ 148,712 $ 51,946
Agribusiness Group 3,242 3,546 8,937 8,708
Agribusiness Group 4,023 3,805 11,949 11,653
Meat Products Group $ 1,554,470 $ 1,468,653 $ 1,465,576
Agribusiness Group 213,808 215,731 223,013
Bakery Products Group 999,391 953,572 937,292
Non-allocated assets 339,935 316,854 314,578
Meat Products Group $ 442,692 $ 442,336 $ 442,336
Agribusiness Group 13,845 13,845 13,845
SOURCE Maple Leaf Foods Inc.
Investor Contact: Nick Boland,
VP Investor Relations: 416-926-2005
Media Contact: 416-926-2020


Aerotorque WindTC shown to reduce overload and torque events that can lead to white etch area formation by 4x. High speed bearing life in 1.5MW gearbox could be improved by factor of 2x by avoiding WEA.
All wind turbines are affected by transient drivetrain loading events due to extreme wind and stops triggered by gearbox fault codes. As turbines have continued to grow larger and seek to produce more power out of the drivetrain, transient load events have increased.
Research and eld application have shown that the torque reversals and impact loads are a leading cause of White Etch Area (WEA) and axial crack damage. White etch/Axial cracks are a phenomenon in wind turbine bearings where super hard inclusions form in the inner raceway. Axial cracks and other damage in bearing raceways have become a major cause of premature gearbox failures, costing up to $250,000 to repair or replace the gearbox.
Aerotorque collected volumes of eld date on torsional reversals during turbine stopping and other events that produce some of the most dramatic torque reversals. The data showed Aerotorque's WindTC product enabled a significant reduction – up to 54% in forward and 74% in reverse – in drivetrain loading, even on turbines with advanced controls. The issue was straightforward: how do you convert that to a life factor for customers to better calculate value and return on investment?
Aerotorque approached Sentient Science to use DigitalClone® to understand the difference in rolling contact fatigue life from torsional reversal solution. They chose Sentient Science because while it does not account for shock loading that would emphasize WindTC significantly more, it provides a very conservative approach to the life factor analysis for the WindTC application.
Together, the teams decided to evaluate the life of a 1.5MW high speed bearing under a real-world representative duty cycle to calculate the bearing life. These bearings have experienced high rates of white etch inclusions in the field.
Aerotorque provided their data on the hard stop amplitude and frequency and Sentient studied and modeling the white etch-like inclusions and made a representative material model. Sentient's modeling approach was chosen because traditional tools cannot accurately calculate bearing life because they don't account for material quality and inclusions, material microstructure, surface finish, or lubricant.
Recent validations in the marketplace have made Sentient the leading provider of predictive maintenance and decision support solutions for some of the largest wind operators in North America. Today, over 13% of the operating wind assets in the US are under Sentient Science management. Sentient's customers now control over 40% of the US wind fleet.
When the models were complete, Sentient ran the simulations through their DigitalClone® life prediction tool to assess the life of the high speed bearing with new duty cycles and with inclusions added.
The DigitalClone® simulations showed that Aerotorque WindTC reduced overload and torque events in the drivetrain and reduce stresses on components by factor of 4. It also showed white etch area (WEA) reduced bearing L50 life based on rolling contact fatigue by 46%. If WEA can be prevented using Torque Control (TC), designed to reduce the magnitude and speed of impact and reversal loads, then bearing L50 life can be extended by up to 2x. Damage propagation in WEA is mostly controlled at nominal Power Output. However, Torque Control can help if many Hard Stops (HS) occur in a turbinelife. The teams are continuing to further examine the a affects of dynamic loads and impact loads, which were not considered in this program.
AeroTorque was launched out of its sister company, PT Tech Inc., a world leader in torque management, with 36 years of history working to reduce transient torque loads in a variety of equipment, in markets such as mining, steel crushing and grinding equipment.


Craftsman 919.152160 Manual. View the Craftsman 919.152160 manual. The air compressor crafstman 919.152160 comes with the owners manual and it should be read carefully before operating the compressor for the proper maintenance and for help with troubleshooting. Some of the parts that the craftsman 919.152160 air compressor comes with pump ZA04615, air hose H7051, pressure switch N002119, switch A11027, timing belt AC0815, and head D25877, etc. You are viewing the manual and parts listings for the Craftsman 919.152160.


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redpajama_set_name: RedPajamaGithub


It has 1,891 square feet, with three bedrooms and two-and-a-half bathrooms. Unlike most Dallas townhomes, this property boasts a private backyard, balcony, and two-car garage. List price for these perks: $417, 900.
"Each unit is also built from the highest quality materials and allows residents to enjoy all the benefits of luxury community living without sacrificing privacy," says Carl Anderson IV, co-founder and managing partner of Larkspur Capitol, which is responsible for much of the revitalization along Fitzhugh.
Other noteworthy features include Caesarstone quartz countertops, custom cabinetry, oak wood floors, frameless glass showers, Mirabelle plumbing fixtures, and walk-in closets. A mostly white palette provides a clean backdrop for nearly any design style.
But really the most appealing aspect of this townhome is the location.
If this place is off the market by the time you're reading this, do not despair: There is another active listing at The Ivy, nearly identical specs, at 4964 Flitwick Ct. for a list price of $423,900. But do hurry, as most of the 17 units in phase II have sold.


text:
Il Borro della Valle è un fiume della Toscana.

L'altitudine media del bacino è 123 m s.l.m.

Il percorso e opere idrauliche

Nasce a Malmantile per poi sfociare nel fiume Arno, di cui è un affluente di sinistra, nei pressi di Lastra a Signa.

Il bacino del Borro della Valle
Il suo bacino ricade nei comuni di:
 Lastra a Signa

Voci correlate
 Arno
 Elenco dei fiumi italiani
 Lastra a Signa

Vingone
Valle

redpajama_set_name: RedPajamaWikipedia


Not every elephant can paint , it's only the smartest cleverest ones that can. It takes four to six months to train an elephant to paint . They learn by copying, the mahout does stroke and then he elephant, if the stroke is good then the reward is given, bananas , lots of them. The elephants are taught two or three different pictures but as their develop other smaller details will be added.
The reason why these elephants are painting these pictures is to raise money for our Elephant Hospital which we have at Mae Taeng Elephant Park. We treat not only our own elephants but all the elephants in the area. There are almost three hundred elephants in the area and everyone of them is treated free of charge.


A US$ 6 million Adaptation Fund project is helping communities in Cuba that have been vulnerable to coastal flooding and sea level rise related to climate change recover protective marine ecosystems and forests.
Through planting mangroves and fostering their natural regeneration, placing stake lines to reduce sea surges, cleaning canals and promoting coastal forest growth through education and sustainable activities, the project is making a positive difference in reducing vulnerabilities to climate change in the southern Provinces of Artemisa and Mayabeque on Cuba's western Gulf of Batabanó.
Entitled, "Reduction of Vulnerability to Coastal Flooding through Ecosystem-Based Adaptation in the South of Artemisa and Mayabeque Provinces," the project is funded by the Adaptation Fund and implemented by the United Nations Development Programme (UNDP) together with the Cuban government's Ministry of Science, Technology and Environment (CITMA) and Ministry of Agriculture (MINAGRI).
"Look how many mangroves we have today. When you see the fauna recovering, it is because the flora has recuperated," said Vicente Núñez, a forest worker for the project on Artemisa's Cajio coast.
Please see the full story here.


We had lots of fun with year four in our Christmas party. We played lots of fun games and enjoyed some delicious food. A huge thank you to you children and your families for providing all the food for such a lovely spread! We hope you had fun!


text:
Former England striker Daniel Sturridge ordered to pay $30,000 to man who found his missing dog
Former England striker Daniel Sturridge has been ordered to pay $30,000 (£22,400) to a man who found his missing dog.
Sturridge, 32, offered a reward of "20, 30 grand" for the return of the Pomeranian, named Lucci, in July 2019.
The former Liverpool striker said thieves had broken into a house in West Hollywood, California, and taken a number of bags in addition to Lucci.
Image:The court document ordering Sturridge to pay up
"Yo, somebody please find my dog. I'll pay anything, I'm dead serious. I want my dog back, man," he said.
The pooch was found by local musician Foster Washington who shared pictures on social media.
"When we found the dog I thought my life was going to be better," Mr Washington said, adding that he had been "fighting this case for over a year".
Now, a Los Angeles court has ordered Sturridge to pay Mr Washington $30,085.
Court documents show a default judgment was given, meaning Sturridge did not answer the complaint.
Mr Washington, whose rapper name is Killa Fame, said he felt "let down" by Sturridge.
"Hopefully he pays up and doesn't try to appeal it," he said.
"I'm excited about it – I can't believe it's over."
Image:Sturridge has been ordered to pay $30,000 (£22,400). Pic: Daniel Sturridge
He is yet to arrange payment with Sturridge, he added.
Representatives of Sturridge have been contacted for comment.
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redpajama_set_name: RedPajamaCommonCrawl


← Sneak Peek: Thanksgiving Gift Basket Gallery!
Thank you to everyone who participated!!! We love seeing all your creative name ideas!
The new Siberian Husky can be found EXCLUSIVELY at Ganz eStore and the Official Webkinz Store on Amazon!
What would you name this adorable Ganz eStore pet?
Write your answer in the comments below by 11:59pm on Sunday, November 8, 2015 to be entered in a random draw for one plush Siberian Husky or one of four virtual Siberian Huskies!
I would have named him Ceasar.
I wanted to name him Nix because it's latin for snow.


text:
17-01-2022: www.alminerech.com/exhibitions/3627-calder-and-picasso
Calder and Picasso
October 28 — December 17, 2016
Alexander Calder / Constellation with Diabolo. 1943. Wood, wire, and paint. 24 1/4" x 18 1/4" x 16". © 2016 Calder Foundation, New York / Artists Rights Society (ARS), New York. Pablo Picasso / Femme dans un fauteuil. June 8, 1946. Oil on plywood. 51 1/8" x 38 1/8". Zervos XIV-175 © 2016 Succession Picasso / Artists Rights Society (ARS), New York.
Alexander Calder / Constellation with Diabolo. 1943. Wood, wire, and paint. 24 1/4" x 18 1/4" x 16".
© 2016 Calder Foundation, New York / Artists Rights Society (ARS), New York.
Pablo Picasso / Femme. June 8, 1946. Oil on plywood. 51 1/8" x 38 1/8".
Zervos XIV-175 © 2016 Succession Picasso / Artists Rights Society (ARS), New York.
Almine Rech Gallery is delighted to announce Calder and Picasso, the inaugural exhibition at its new gallery in New York City, opening on October 27, 2016. Curated by the artists' esteemed grandsons, Alexander S. C. Rower and Bernard Ruiz-Picasso, this exceptional and intimate exhibition will be the first to explore the creative dialogue between these two modern masters. The exhibition will bring together more than fifty works created between 1912 and 1967, highlighting the shared formal, social and political concerns that informed their varied and seminal creative outputs. All of the works on view, including paintings, sculpture and works on paper, have been drawn from the respective private family collections, many of which have rarely or never before been exhibited in public.
Calder and Picasso is the culmination of more than two years of conversation and collaboration, during which Rower and Ruiz-Picasso explored the myriad preoccupations and practices of their grandfathers, finding dialogues in their work both formally and philosophically. What started as a simple exchange of observations and imagery developed into…
Nate Freeman, 'Almine Rech Discusses Expansion of Her Gallery Empire, as Upper East Side Space Opens', in Art News, October 26, 2016. — 0.0
James Tarmy, 'Gallery Owner Almine Ruiz-Picasso, and Her Blockbuster Art Shows, Are Taking New York', in Bloomberg, October 27, 2016 — 0.0
In Conversation: Alexander S. C. Rower and Bernard Ruiz-Picasso


text:
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Background, General Information and Weather here in Nashville, Tennessee –
Nashville is the capital and most populated city in the state of Tennessee. Nashville is the county seat of Davidson County and can be found on the Cumberland River. According to a Census Bureau report from 2017, the city had a total population of just under 700,000! This makes Nashville the 24th largest city in the United States. The United States Census Bureau states that Nashville is a staggering 504.03 square miles in size with close to 22 miles of that being water. Nashville is densely populated and one of the most popular tourist destinations in all the United States. People from all over the world come to this city to experience the rich culture and immerse themselves in the music that this city is known for. When it comes to the weather here in Nashville it is categorized as "Humid Subtropical." This means that the summers will be hot and often muggy whereas the winters will be very cold and wet. The cold season here lasts for exactly three months. From November 28th until February 27th the daily average high is just under 60 degrees. The low for this time of year falls just under the freezing mark coming in at 31 degrees. The hot season on the other hand lasts for almost four months. From the end of May until almost the end of September the daily average high is just about 81 degrees. The low for this time is a very warm 72 degrees. Nashville experiences about 50 inches of rain per year which is a little higher than the national average of just under 40 inches. There have been times during the winter months when the temperature has dropped to a frigid 16 degrees. During this time is when you will see some snow fall. On average you can expect to see about 4 inches of snow per year here which is significantly lower than in other parts of the country. January and February is when the snow typically falls here. But, there have been some times in March when flurries were spotted. During the summer there have been times when the temperature has reached close to 100 degrees. This tends to happen during the month of July. For the most part, Nashville has great weather which is one of the major advantages of living here.
Economy in Nashville –
t should come as no surprise that the music industry is one of the largest employers here in Nashville. This city is known as the "home of country music" and many people travel here to fulfill their dreams of making it in the music business. There are many major record labels here as well as countless independent labels. One of the most interesting facts about Nashville is that it is the second largest music production center in the United States. The first being New York. Back in 2006 it was estimated that the music industry impacted the economy here majorly by bringing in more than $6.4 billion in revenue. It was also estimated that this field contributes close to 20,000 jobs in the Nashville area alone. Since then these numbers have grown substantially thanks to Nashville being featured on shows like "American Idol" and "America's Got Talent."
Grand Ole Opry –
One of the most famous and recognizable landmarks in Nashville is the "Grand Ole Opry." The Grand Ole Opry is a weekly country music stage concert that was founded on November 28th, 1925. It was founded by George D. Hay and at the time it was a one-hour radio "barn dance." To this day, it is the longest running radio broadcast in United States history! This program is dedicated to honoring country music and all its history. One of the coolest things about the Opry is that it showcases everything from contemporary performers as well as bluegrass, folk and gospel music. Here you will also find comedic performances and skits. The Grand Ole Opry attracts hundreds of thousands of visitors per year from all over the world. This is one of the main reasons why Nashville is so popular. It you are interested in touring the Opry there are guided tours available as well as countless events throughout the year here. If you live here in Nashville, checking out the Grand Ole Opry is something you must experience at least once!
Summary –
Nashville is a densely populated portion of Tennessee that is known for its music and rich culture. If you want to live somewhere where there is always something to do, this is the place for you! If you were looking to break into the music business, Nashville seems like a great place to do it!
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Currently Nashville has 2,199 properties on the market for sale. The inventory was last updated 01/21/2020. Of these properties, 2,199 single family homes are for sale by their owners in Nashville, and 0 condos are for sale by their owners in Nashville. The average price of the single family homes for sale in Nashville, is $1,208,274, the average condo price in Nashville, is $. The average price per square foot of the active inventory is $269. This is based the living area square footage.
Over the last year, there have been 58,897 of properties sold in Nashville. Of these properties, 58,897 single family homes have sold by their owners in Nashville, and 0 condos have sold by their owners in Nashville. The average sales price of the single family homes sold in Nashville, is $474,292. Single family homes have been selling for 174 per square foot of living area. The average sales price of the condos for sale in Nashville, is $. Condos have been selling for per square foot of living area.
The most active subdivisions with listings for sale in Nashville, are: 505 High Rise Condominiums (45 For Sale), Green Hills (44 For Sale), The Nations (27 For Sale), Sylvan Park (24 For Sale), Charlotte Park (21 For Sale), Belle Meade (19 For Sale), River Plantation (19 For Sale), Lenox Village (17 For Sale), Georgetown (15 For Sale), West Nashville (14 For Sale)
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text:
Симеон (световно Љубомир Злоковић; Бијела, 7. април 1911 — Карловац, 27. новембар 1990) био је епископ Српске православне цркве.

Световни живот
Епископ Симеон (световно: Љубомир Злоковић) рођен је 7. априла 1911. године у Бијелој, Бока Которска. Богословију је завршио на Цетињу, а Богословски факултет у Београду. По завршетку студија у Београду одлази у Берлин, где до почетка Другог светског рата студира филозофске и богословске науке. По повратку у земљу бива постављен за суплента гимназије у Јагодини, а затим у Београду, након положеног професорског испита, за вероучитеља у мушким гимназијама и Другој трговачкој академији.

Монашки живот
Љубомир Злоковић се замонашио се 8. марта 1940. године у манастиру Раковици, рукоположен је у чин ђакона 7. априла, а у чин јеромонаха 21. новембра исте године у Саборној цркви у Београду. Синђелом је постао 1945, а протосинђелом 1947. године. Приликом отварања Богословије светога Саве у манастиру Раковици 1949. године, Свети архијерејски синод га је поставио за старешину ове школе, коју је он организовао уз натчовечанске напоре, и то у време прогона Цркве и велике материјалне беде и намаштине.

Са овога положаја, можда најтежег у то време у Цркви, изабран је 12. јуна 1951. године за епископа горњокарловачког. Посвећен је у Београду 29. јула исте године.

Епископ Симеон дошао је у потпуно разорену епархију. У многим местима ове некада највеће епархије Каловачке митрополије црквени живот је скоро потпуно замро. Број парохијских свештеника спао је на минимум, а већи број храмова је био у рушевинама. Оно што није порушено за време Другог светског рата, порушено је после рата. Око четрдесет храмова је у овој епархији порушено од 1944. године па надаље. Све ово није
обесхрабрило смелог, одлучног, вредног и пожртвованог епископа Симеона да уз помоћ Срба из иностранства, нарочито Америке и Канаде, приступи обнови разрушених храмова и свеопштој обнови Гомирја, јединог манастира у епархији. Од 1951. до 1959. године администрирао је Далматинском епархијом.

Епископ Симеон је још као студент писао и објављивао радове из области религиозне филозофије, а касније и из историје Српске православне цркве.

Српска православна црква га је одликовала "Орденом св. Саве првог реда". Предсједништво СФРЈ "Орденом заслуга за народ са сребрним зрацима". Богословски факултет у Београду додијелио му је почасни докторат. Универзитет из Аризоне додијелио му је докторат, не почасни, из области филозофије, а на основу увида у његов укупан рад на том пољу.

Умро је 27. новембра 1990. године у Карловцу и сахрањен у гробници епископа Лукијана (Мушицког) на карловачком гробљу.
На 20. годишњицу од смрти, поштујући његов тестамент, посмртни остаци владике Симеона су 28. новембра 2010. године пренети у манастир Гомирје и сахрањени у манастирској порти.

Од 2008. године улица Нова 25. у Бусијама, приградском насељу Београда, носи име по епископу Симеону Злоковићу.

Референце

Литература

Спољашње везе

 Сава Вуковић: Српски јерарси
 Епископ Симеон Злоковић (Епархија горњокарловачка)
 Три деценије од упокојења владике Симеона Злоковића (СПЦ, 30. новембар 2020)
 Добри пастир Карловачког владичанства (СПЦ, 30. новембар 2020)

Рођени 1911.
Умрли 1990.
Новљани (Херцег Нови)
Епископи горњокарловачки


When I was a boy we raised goats for meat. My pa showed me how to hold 'em down while he shot 'em in the head. They were food. Made sense. We were movin' to the city and had a half wild cat. My pa found her sleepin' and took her out with a shotgun. Didn't want kittens sufferin' out there. Made sense. Our dog got old. My ma dug a hole and set her in it with her favorite ball then put a bullet between her ears. We took care of family ourselves. Made sense.


The first Fall meeting of the Mattapoisett Woman's Club (MWC) will be on Thursday, September 20at 11:00 am in Reynard's Hall of the Mattapoisett Congregational Church, located at 27 Church Street. The Club meets regularly on the third Thursday of each month (weather permitting). The MWC is an organization, established in 1941, that is not only social, but also philanthropic and involved in town improvements and activities.
This month is a potluck luncheon and an opportunity for members to catch up with one an another and talk about our summer activities, our Nature's Treasures Garden Tour, the Taste of the Town, and other projects, and sign up for various upcoming events and interest groups.
Guests and anyone who would like to get to know us are welcome. Come join us and learn more about our organization and the Club's activities. We have a website, www.mattapoisettwomansclub.org where you may learn more about us.


text:
"A friend to every exhibitor": National Screen Service and the British trailer industry
Keith M. Johnston
School of Art, Media and American Studies
Film, Television and Media
British Cinema & Television
National Screen Service (NSS) can be regarded as Britain's lost film studio, a film producer and distributor that monopolised the British 'coming attraction' trailer industry for decades. Reclaiming it from the tag of 'service industry', the chapter argues that while NSS may now be as historically ephemeral as the film trailers it produced, it was in fact a vibrant and vital part of the British film industry between the mid-1920s and the 1980s. Utilising primary documents, audio-visual sources and new interview material, the chapter reconstructs this lost giant of the British industry.
The Routledge Companion to British Cinema History
I.Q. Hunter, Laraine Porter, Justin Smith
British cinema
Link to book metadata
Talking Trailers: Promotional materials, and the value of the paratextual turn
Johnston, K. M., Pearson, E. & Balzar, J., 10 Jun 2020, In: Cinephile: The University of British Columbia's Film Journal. 14, 1, p. 40-45 6 p.
Introduction: Still Coming Soon? Studying Promotional Materials
Johnston, K. M., May 2013, In: Frames Cinema Journal. 3
Research output: Contribution to journal › Special issue › peer-review
'An intelligent and effective use of the rival screen': Re-discovering early British television trailers
Johnston, K. M., 2011, In: Media History. 17, 4, p. 377-388 12 p.
Oberhausen Short Film Festival
Keith M Johnston (Speaker)
Johnston, K. M. (2017). "A friend to every exhibitor": National Screen Service and the British trailer industry. In I. Q. Hunter, L. Porter, & J. Smith (Eds.), The Routledge Companion to British Cinema History (pp. 311-329). [Chapter 16] Routledge.
Johnston, Keith M. / "A friend to every exhibitor": National Screen Service and the British trailer industry. The Routledge Companion to British Cinema History. editor / I.Q. Hunter ; Laraine Porter ; Justin Smith. Routledge, 2017. pp. 311-329
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"A friend to every exhibitor": National Screen Service and the British trailer industry. / Johnston, Keith M.
The Routledge Companion to British Cinema History. ed. / I.Q. Hunter; Laraine Porter; Justin Smith. Routledge, 2017. p. 311-329 Chapter 16.
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AB - National Screen Service (NSS) can be regarded as Britain's lost film studio, a film producer and distributor that monopolised the British 'coming attraction' trailer industry for decades. Reclaiming it from the tag of 'service industry', the chapter argues that while NSS may now be as historically ephemeral as the film trailers it produced, it was in fact a vibrant and vital part of the British film industry between the mid-1920s and the 1980s. Utilising primary documents, audio-visual sources and new interview material, the chapter reconstructs this lost giant of the British industry.
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KW - British cinema
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text:
World Distribution Services Expands in the Cincinnati/Northern Kentucky Market
CINCINNATI, OH (March 30, 2015) – World Distribution Services is proud to announce the opening of their new facility in Cincinnati, Ohio, taking place on April 1, 2015. WDS has held a presence in the Cincinnati/Kentucky region for over 15 years. This move marks a new chapter for the company, allowing WDS to expand the warehousing footprint and more readily compete in the Ohio Valley market. The expansion in Cincinnati adds to an already well established warehousing footprint WDS has in the Ohio Valley in Cleveland and Columbus.
"We look forward to elevating our service offerings through our expansion in this market," says WDS Vice President, John Morrow. "This facility exhibits many exciting features such as: 41,200 square feet of warehouse space with room to expand to 160,000 square feet, T5 lighting throughout, 7 dock doors, 28' clear height, expansive trailer parking and easy major freeway access."
Morrow continues: "This strategic expansion demonstrates how committed WDS is to the Ohio Valley market as well as our dedication to meeting our customers' needs in 2015 and beyond."
The new facility will be located at 3023 East Kemper Road, Building 13, Cincinnati, Ohio 45241.
in	Companies / North America / Offices / Press Releases / Services / Warehousing & Distribution / World Distribution Services
D.D. Jones Transfer & Warehouse Company Absorbed by World Distribution Services
CHESAPEAKE, VA (March 6, 2015) – World Distribution Services has reached an agreement with Robert W. Jones Jr., President of D.D. Jones Transfer & Warehouse Co., to assume the company's warehousing and distribution operations. The agreement joins together two entities that have been providing warehousing, distribution and transportation services to the Port of Virginia community for many years.
Founded in 1928 in the City of Norfolk by Robert Jones' Grandfather, D.D. Jones Transfer & Warehouse grew into one of the region's largest and most successful warehousing providers, having developed a reputation for old-fashioned service, responsive communication and exceptional dependability.
"We couldn't be more excited to expand our presence through the relationship we have formed with D.D. Jones Transfer & Warehouse Company," says WDS Vice President John Morrow. "The addition of the DD Jones business and staff increases our capacity and capabilities locally and showcases the strategic expansion plans we have developed for WDS in 2015 and beyond."
World Distribution Services, a division of The World Group of Companies, is a leading provider of creative supply chain solutions. WDS leverages over 55 years of collective experience from its family of companies. Headquartered in Cleveland, Ohio, WDS offers 13 strategic warehousing locations across the United States specializing in international and domestic warehousing and distribution, CFS deconsolidation, transportation and out-of-gauge services. The company also operates seven intermodal Class I rail facilities & the Columbus CTF that offers bulk agricultural transload services, specialized heavy & oversize transloading capabilities and private intermodal rail service.
World Distribution Services will operate the former DD Jones facility at 630 22nd St in Chesapeake and has retained the experienced staff to make the transition as smooth as possible for the former DD Jones customers.


text:
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Comedian Kevin Christopher Stars in "The Man From Philadelphia" available now on Tubi TV & Amazon
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YouTube is making the change to battle misinformation after a conspiracy video about the Parkland shooting trended on the platform.
Can Wikipedia solve YouTube's misinformation problem? We'll soon find out, as CEO Susan Wojcicki on Tuesday announced that popular conspiracy videos will appear with links to Wikipedia articles.
The goal is to point viewers to alternative sources on the videos generating the most discussion, Wojcicki said during a talk at SXSW in Austin.
She pointed to conspiracy videos about the Apollo Moon landings and "chemtrails," the theory that says commercial airplanes are spreading chemicals for some mysterious purpose. In the coming months, those videos will display a prominent "information cue" that links to Wikipedia and info from other third-party sources.
"People can still watch the videos, but then they have access to additional information," she said during the talk, which was moderated by Wired EIC Nicholas Thompson.
The news comes after the streaming service allowed conspiracy videos about last month's high school shooting in Parkland, Florida, to propogate across the site. YouTube pulled them, but the incident underscored a problem at the service: What should it do with all these conspiracy-themed videos?
Critics have pointed out that controversial content can potentially radicalize viewers. It doesn't help that YouTube's recommendation engine can entice watchers to absorb more of the same.
YouTube's plan to incorporate Wikipedia links certainly won't solve all these problems, or neccessarily even work, given that Wikipedia pages can be edited by the public.
On Wednesday, the encyclopedia site's organizer, the Wikimedia Foundation, also said it wasn't even aware of YouTube's plan to add the links until Tuesday. "We were not given advance notice of this announcement," the foundation said in a statement.
Wikipedia volunteers are also worried publishers of these conspiracy-themed videos on YouTube will attempt to "vandalize" the Wikipedia pages their content has been linked to. "Second: How does YouTube know that a WP (Wikipedia) article will even be accurate at the time an individual is watching the video, or even over a long period of time?" another volunteer posted.
But on the plus side, the linking may increase traffic to the encyclopedia site. "We encourage companies who use Wikimedia's content to give back in the spirit of sustainability," the Wikimedia Foundation statement added. "Anyone can edit Wikipedia, and research shows that as more people contribute, articles become more accurate and more balanced."
In addition to the Wikipedia linking, YouTube's CEO said the streaming service is trying to rework its recommendation engine for more appropriate results. For instance, the engine may include factors like a video publisher's authority, diversity of content, and educational value when making suggestions.
"It's clearly difficult and complicated," she said.
Facebook has been experimenting with notices about fake news on its platform. In December, it said alerts next to links were not particularly effective, so it turned its attention toward serving up related articles with correct information.
Editor's note: This article has been updated with the Wikimedia Foundation's statement.


text:
package ch.ethz.ssh2;

import java.io.IOException;

/**
 * @version $Id: PacketTypeException.java 99 2014-04-10 09:04:31Z dkocher@sudo.ch $
 */
public class PacketTypeException extends IOException {

    public PacketTypeException() {
    }

    public PacketTypeException(final String message) {
        super(message);
    }

    public PacketTypeException(final int packet) {
        super(String.format("The SFTP server sent an unexpected packet type (%d)", packet));
    }
}


The European Committee on Democracy and Governance (CDDG) in cooperation with the Conference of International Non-Governmental Organisations is preparing new guidelines to ensure meaningful civil participation in political decision-making. The guidelines will be addressed to the authorities in Council of Europe member states and will seek to promote sustainable mechanisms for dialogue, consultation and co-operation between them and civil society.
In accordance with the CDDG's decision, a wide public consultation on the draft guidelines is being organised during the summer period before finalising the guidelines. Civil society and public authorities at all levels are kindly invited to send their comments (in English or in French) on the draft to the CDDG Secretariat (CDDG@coe.int) by 4 September 2016. The input received will be carefully considered by the working group which will meet later in September.
Summary of some of the main issues raised and proposals made; the list is not exhaustive. - A shrinking space for civil society goes hand in hand with a lack of independence of NGOs, media, the judiciary and problems with free and fair elections. Sometimes, anti-terrorism, anti-money laundering, anti-tax evasion laws are used to restrict NGO action. - In some countries, human rights defenders are stigmatised and criminalised, in particular when working for vulnerable groups or in (post-)conflict zones. - Human rights defenders and more generally civil society leaders and their organisations need support and protection, including international pressure for the liberation of imprisoned activists and the creation of a Council of Europe platform for the protection of human rights defenders. - Some countries reduce the civil society space through restrictive legislation, in particular with regard to access to foreign funding, what leads to a decrease in the number of NGOs, a transfer of offices of NGOs to other countries, self-censorship and a less active civil society. - A culture of participation is needed, recognising that participation is not a privilege but a right which is not limited to expressing views but also including authorities' obligation to listen to NGOs in the political decision-making process. - Open government initiatives led in some countries to an increase in participation of citizens, individually or through NGOs, and to more transparency and accountability. - To enhance participation, it was necessary that NGOs established networks and that capacity building was provided to both, civil servants and NGO representatives. - Because the role of NGOs as drivers for change was seen positively, not all participants saw the need to distinguish between political activities and public policy activities. - Providing funding to NGOs was not about donors paying someone to do something for them but about enabling NGOs to do their jobs in monitoring, advocacy or service provision. - To increase NGOs scope of action, donors should be more flexible, take long term commitments, also for small grassroots NGOs and not limit support to project funding. - More opportunities for domestic funding by public authorities, companies and philanthropists were necessary. Recommendations for action proposed by the participants in the debate were directed to governments, international organisations, donors and NGOs themselves. For the Council of Europe, a number of recommendations made at the debate require follow-up action: - Participants discussed the creation of a Council of Europe platform for the protection of human rights defenders. A majority supported the idea and underlined that such a platform should focus on reprisals against human rights defenders related to their interaction with the Council of Europe and such a platform needed to be supplemented by other protection measures in order to be effective, particularly NGOs protective mechanisms. - Participants welcomed the preparation of new guidelines for meaningful civil participation in the political decision-making process and expressed the wish to be consulted by the European Committee on democracy and governance which oversees the preparation of these guidelines. - Participants called for Council of Europe support for improving the environment for NGOs in its member States by providing assistance in aligning legislation, regulations and practice with European standards and by involving representatives of NGOs and public administration in capacitybuilding activities. - It was suggested that the Conference of INGOs looks into possibilities for creating a Council of Europe fund to pool donors' financial support for NGOs. All participants agreed that diplomatic and financial measures (programs that include human rights dialogues, country-visits and meetings with local NGOs, common statements) that give importance to "NGOs under threat" should be strengthened. Debates about new and innovative support for freedom of association and good practices should be organized on a more regular basis. Respect of human rights should be part of the international security agenda. Collaboration with NGOs should be included as part of the training programmes followed by public authorities, at local and national levels in order to be able to interact in a constructive way. Investment in Human rights is for tomorrow and for the day after tomorrow. NGOs always represent causes turned towards the future!
The report notes with concern that unaccompanied children frequently disappear from reception centres for asylum seekers.
With recent reports of high numbers of unaccompanied child refugees gone missing, the identification of child victims has become a priority across Europe, said Council of Europe Secretary General Thorbjørn Jagland.


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