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Potash Corp. downgrades earnings amid market uncertainty

Saskatchewan’s Potash Corp. says it will earn less than expected in the third quarter because of lower potash sales.

The company issued earnings guidance Friday saying its earnings per diluted share are expected to come in at 41 cents, down from 45 to 60 cents as it had predicted in July.

Potash shares lost 29 cents to $32.68 in early trading on the Toronto Stock Exchange. 

​

The company said buyers were deferring "significant purchases amidst near-term market uncertainty."

The greatest uncertainty in the potash market is the break-up of Belarusian Potash Company (BPC), a sales cartel jointly operated by the Russian oil giant Uralkali and state-owned Belaruskali that previously controlled more than 40 per cent of global potash exports.

Uralkali announced in July it would raise production and attempt to claim more of the Chinese market for fertilizer.

The bitter split with its Belarusian partner in July created expectations of a glut of potash and falling prices, but it hasn’t worked out that way, according to analysis from TD Economics.

"Headlines would suggest  that prices have fallen off but not to the extent that had been initially feared," the bank's economics research division said in its outlook for the Saskatchewan economy. "As a result, we expect production  to pull-back in the second half of 2013 after recording a solid increase in production thus far into 2013."

TD expects that purchasers who had been waiting on the sidelines will soon re-enter the market, stabilizing the outlook for the fertilizer sector.

It did not expect Saskatchewan's economy, one of the strongest among the Canadian provinces at just under three per cent, to be much affected in the medium term.

Source: http://news.yahoo.com/potash-corp-downgrades-earnings-amid-market-uncertainty-171339954--finance.html
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MIPCOM: Turkish Drama 'The End' Gets Country's First U.S. Format Deal

In a sign of just how fevered -- and far-ranging -- the search for new scripted series has become, Fox has just inked a deal to acquire re-versioning rights to a drama from Turkey, the latest territory to make its mark on the international TV scene. The deal came to light on the Croisette on the last morning of the four-day Mipcom TV market in Cannes.

The End will be the first Turkish drama series to hit American screens in a deal between Sander Moses Productions and Fox with 20th TV producing. Eccho Rights represents the hit scripted format.

PHOTOS: MIPCOM: THR, A+E Networks Host Women in Global Entertainment Power Lunch

Lined up to work on the show are Peter Horton as director and executive producer, and Michael Cooney as writer.

Fredrik af Malmborg, managing director at Eccho Rights, said that "the success of the ready made and now the way the scripted format is traveling testifies to the great ideas and inventiveness of the script."

Eccho Rights recently sold the Turkish drama as a format to Russia as well as licensing The End as a ready-made to over 40 countries including SVT in Sweden.

This last deal led to the first-ever subtitled Turkish drama to air on Western European screens.

The End comes from Turkish drama producer Ay Yapim and tells the story of a happy couple living in Istanbul. When the plane the husband is traveling on crashes, the wife is sent into a spiral of grief that stops when she finds out he never boarded the plane. She then has to find her way through a web of lies to find her husband.

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Smithsonian curators scout for Obama artifacts

WASHINGTON (AP) ? As crowds descended and the inauguration unfolded, a few museum curators in Washington kept watch for symbols and messages that would make history.

The Smithsonian's National Museum of African American History and Culture will open during President Barack Obama's second term, and one section will feature a large display about the first black president. Curators have been working since 2008 to gather objects, documents and images that capture his place in history.

Curator William Pretzer ventured into the crowd Monday, mostly looking for memorabilia that had a personal touch ? beyond the T-shirts and buttons hawked by vendors. Pretzer was most interested in handmade items, but he didn't find much.

"There's so much commercially produced stuff that people don't go to the trouble anymore," he said. "It's the personal expression, as opposed to the commercial" that the museum most wants to display.

Among the masses of people, Ollie Parham, 55, and her fellow travelers stood out in their bright yellow Alabama NAACP sweatshirts. She rode all night in a tour bus, nearly 19 hours from Huntsville, Ala., to witness Obama's oath-taking.

Pretzer told her about the museum's collection effort and asked whether Parham might donate any memorabilia later. She said she would think about it; she had another all-night drive home to get through first.

Shortly afterward, the curator stopped Larry Holmes, 56, of Washington, who was waving an American flag with an inauguration seal imprinted on the stripes. Holmes bought a similar souvenir flag at Obama's 2009 inauguration. Pretzer took Holmes' picture and handed him a donation card, in case he might donate the flags later.

When Peggy Shamley Christian, a retired teacher from Chesapeake, Va., heard about the collection effort, she dug through her purse to find an Obama magnet. Pretzer gladly accepted the tiny gift.

Christian said she worked to mobilize voters for Obama's re-election and was thrilled to celebrate the inaugural.

"It just makes me feel like I'm a part of something wonderful," she said.

"Instead of being considered a second-class citizen, we all have it going on now," added Christian, who is black. "We all can stand up and be proud."

Keeping an eye out for the unusual, Pretzer spotted a man pulling two life-sized cutouts of the president and first lady on a cart through the crowd. He flagged down Ian Davis, 43, of Baltimore and asked whether he might donate the cutouts later.

Davis had been allowing visitors to take pictures with the "Obamas" for a donation.

"You gotta make a dollar," he said, adding that he hauled the cutouts onto the National Mall "so I can see it, be it and participate."

Police eventually kicked him off the mall for asking for money. Now, Davis' cardboard images might be fit for a museum. He said he would donate them if his wife approves.

The museum has amassed more than 300 Obama-related items, including furniture from a 2008 campaign office in northern Virginia and a cloth banner from Tanzania with an Obama portrait and message reading "Congratulations Barack Obama."

Curators might also try to acquire items from the inauguration platform, including, perhaps, the invocation written by Myrlie Evers-Williams, the widow of slain civil rights activist Medgar Evers. Evers was gunned down 50 years ago in the driveway of his Mississippi home. That history became a link between Obama and the civil rights era.

When the museum opens in 2015 near the Washington Monument, one floor will be devoted to a chronology of African-American history, from 16th century slavery through the Civil War, Reconstruction, the civil rights era and beyond. The timeline will end with Obama and the 2008 election as a symbolic moment.

"Portraying a living individual is always more challenging," Pretzer said. "You don't have the perspective, and you don't have all the evidence."

The exhibits can evolve later to show Obama's impact and what comes next.

In planning for the future display, Pretzer and other curators listened closely to Obama's inauguration speech.

"Part of the dynamic is no longer, if it ever were, white and black. The dynamic is now generational. It is gender; he mentioned gay rights, so sexuality; as well as race," Pretzer said. "It was an 'E Pluribus Unum' speech. It was 'out of many, one.'"

Museum Director Lonnie Bunch said Obama's speech was more progressive and aggressive than his first inaugural. It framed the ongoing issues of women's rights, gay rights and immigration in the context of the historic struggle for equality.

"It reminded people that the story of America is not just about today and tomorrow, but it's also about yesterday," Bunch said. "The way he framed his discussion was: 'This history is not a black history. This is a history that has transformed America.'

"The question becomes, how effective is his administration as a model for what the presidency can accomplish?"

___

Online:

National Museum of African American History and Culture: http://nmaahc.si.edu

___

Follow Brett Zongker at https://twitter.com/DCArtBeat

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-01-22-Obama-Inauguration-History/id-eb2387d63ba4490caa851ae3ae104acb

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ONE OF THE ORIGINAL LADIES - Saving Our Daughters

?2013 starts off fast to help end the senseless acts on violence against young women

The Saving Our Daughters? charity has only been in the New Year for 2 weeks and already the organization is launching its new Yell Confidence initiatives with the most incredible artists within the music industry; and now will receive the positive support from the iconic Grammy award winning DJ, producer, rapper, Ms. Dee Dee Roper, aka DJ Spinderella.

Spinderella will join forces with celebrity photographer, Derek & Eric Blanks, who directs and edits all of the organizations? Yell PSA?s with legendary artists across the country-which aims to spread awareness concerning date abuse; domestic violence; and violence against women.

Spinderella will first lend her talent on conducting a few PSA?s for radio, to announce her support for the Yell initiative with some of the other women in the music industry; and later in the year will be involved in the Yell Confidence Appreciation Awards-slated to be in Atlanta Georgia in the fall of 2013-which will be hosted by comedian, Joe Clair.

The organizations efforts were presented to manager, Le?John ?L. J.? Smith at the Atlanta Mayors Ball in December of 2012, and Mr. Smith gladly decided to have Spinderella be part of this year?s positive initiative in 2013.

WE GLADLY WELCOME IN SPINDERELLA TO THE SAVING OUR DAUGHTERS? FAMILY

A LOOK AT SPINDERELLA

Dee Dee Roper, internationally known as DJ Spinderella, is a Grammy award winning DJ, producer, rapper, writer and world class mother. Spinderella is one of the original pioneers of hip hop music beginning her career as a member of the iconic rap group Salt-N-Pepa, selling over 15 million albums and singles worldwide. Over two decades after her groundbreaking entrance into hip hop, the Brooklyn native still sets the standard for ?turntablisit? all over the world and is still a force to be reckoned with in the music industry. It has never been simply about cuts, beats, and rhymes says the Grammy,MTV, and BET Award Winner. ?I?ve been blessed to be in the game for so many years, when many others have come and gone,? says Spinderella. ?This industry is all about fun and entertainment, but humility and professionalism will take you far. I?ve also had great mentors such as DJ Jazzy Jeff, DJ Scratch, and the late Jam Master Jay.?

Spinderella has rocked crowds around the world for 25 years and continues to bring hip hop to the masses. She is an active community partner of the American Diabetes Association of North Texas through her passion for vinyl and the preserving history of music she joined the Recording Academy Texas Chapter ? Advisory Board.? She is the official DJ for the Shaquille O?Neal All Star Comedy Jam and in January 2013, crowned the TV ONE??Unsung Ambassador? (Season & blog ? begins January 23^rd) .

?Spinderella still performs with her sisters Salt-N- Pepa, and recently rocked an electric performance during Rock the Bells in 2012 and was also featured on Oprah in April of 2011, which showcased ?Women Who Rock?. With the flick of her wrist, Spin has juggled single motherhood while conquering grand scale events and holding down her international reputation as the ?Universe?s #1 female DJ?.

In addition to pursuing acting and voice over work, she recently formed a community partnership with Big Thought.org to teach young artist the art of turntablism through the, Spinderella DJ Academy reaching over 250 children in one week. While music and family are undoubtedly Spin?s passions; she has also coordinated and hosted the ?Music, Movies, and More? symposium at Cal State Dominguez Hills. Attendees at the official Espy Awards, Academy Awards, Kentucky Derby, and NBA All Star after parties have annually enjoyed her sets. She has also performed at high profile events for Magic Johnson Enterprises, McDonald?s, Children Uniting Nations, Glamour Magazine, Cisco Systems, Skyy Vodka, Red Bull, Nike, Queen Latifah, the J. Paul Getty Museum, House of Courvoisier, LA Weekly, Planned Parenthood, Carl Lewis, Paramount Pictures, and many more. ?There isn?t anything I can?t do when I put my mind to it and feel it in my heart.? You would think that just being Spinderella is enough for one woman to handle, but this woman wants it all. ?I?m blessed,? she explains.

?A day doesn?t go by that I don?t appreciate all I have or where I?ve come from.?

For PR inquiries concerning please contact below:

?

Denita Quinn

Sival Group / Achieve PR

www.achievepr.net

M: 469.426.1148

O: 214.850.8527

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Source: http://savingourdaughters.org/one-of-the-original-ladies-of-the-hip-hop-era-dj-spinderella-will-now-join-monica-keke-wyatt-tiny-trina-and-mc-lyte-to-yell-confidence-and-to-speak-out-against-domestic-violence.html

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RPT-Wall St Week Ahead: Earnings, money flows to push stocks higher

NEW YORK, Jan 20 (Reuters) - With earnings momentum on the

rise, the S&P 500 seems to have few hurdles ahead as it

continues to power forward, its all-time high a not-so-distant

goal.

The U.S. equity benchmark closed last week at a new

five-year high on strong housing and labor market data and a

string of earnings that beat lowered expectations.

Sector indexes in transportation, banks and

housing last week hit historic or multiyear highs as

well.

Michael Yoshikami, chief executive at Destination Wealth

Management in Walnut Creek, California, said the key earnings to

watch for this week will come from cyclical companies. United

Technologies reports on Wednesday while Honeywell

is due to report Friday.

"Those kind of numbers will tell you the trajectory the

economy is taking," Yoshikami said.

Major technology companies will also report this week, but

the bar for the sector has been lowered even further.

Chipmakers like Advanced Micro Devices, which is due

Tuesday, are expected to underperform as PC sales shrink. AMD

shares fell more than 10 percent Friday after disappointing

results from its larger competitor, Intel. Still, a

chipmaker sector index posted its highest weekly close

since last April.

Following a recent underperformance, an upside surprise from

Apple on Wednesday could trigger a return to the stock

from many investors who had abandoned ship.

Other major companies reporting this week include Google

, IBM, Johnson & Johnson and DuPont

on Tuesday, Microsoft and 3M on Thursday

and Procter & Gamble on Friday.

CASH POURING IN, HOUSING DATA COULD HELP

Perhaps the strongest support for equities will come from

the flow of cash from fixed income funds to stocks.

The recent piling into stock funds - $11.3 billion in the

past two weeks, the most since 2000 - indicates a riskier

approach to investing from retail investors looking for yield.

"From a yield perspective, a lot of stocks still yield a

great deal of money and so it is very easy to see why money is

pouring into the stock market," said Stephen Massocca, managing

director at Wedbush Morgan in San Francisco.

"You are just not going to see people put a lot of money to

work in a 10-year Treasury that yields 1.8 percent."

Housing stocks, already at a 5-1/2 year high, could

get an additional bump this week as investors eye data expected

to support the market's perception that housing is the sluggish

U.S. economy's bright spot.

Home resales are expected to have risen 0.6 percent in

December, data is expected to show on Tuesday. Pending home

sales contracts, which lead actual sales by a month or two, hit

a 2-1/2 year high in November.

The new home sales report on Friday is expected to show a

2.1 percent increase.

The federal debt ceiling negotiations, a nagging worry for

investors, seemed to be stuck on the back burner after House

Republicans signaled they might support a short-term extension.

Equity markets, which tumbled in 2011 after the last round

of talks pushed the United States close to a default, seem not

to care much this time around.

The CBOE volatility index, a gauge of market anxiety,

closed Friday at its lowest since April 2007.

"I think the market is getting somewhat desensitized from

political drama, given this seems to be happening over and

over," said Destination Wealth Management's Yoshikami.

"It's something to keep in mind, but I don't think it's what

you want to base your investing decisions on."

Source: http://news.yahoo.com/rpt-wall-st-week-ahead-earnings-money-flows-162254323--sector.html

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UPDATE 1-California cold snap threatens $2 billion citrus harvest

By Brandon Lowrey

LOS ANGELES, Jan 11 (Reuters) - An Arctic air mass has sent temperatures plunging across California, threatening the state's lucrative citrus harvest, its winter vegetables and its more cold-sensitive strawberry crop, weather and agricultural experts said on Friday.

Temperatures throughout the state fell by as much as 20 degrees Fahrenheit (11 degrees Celsius) below normal on Thursday and Friday as snowfall and sub-freezing conditions forced a 17-hour closure of a key highway, Interstate 5, through the mountains north of Los Angeles.

Authorities reopened the highway Friday morning after thousands of motorists were left stranded overnight on either side of the winding stretch of road known as the Grapevine or were forced to take circuitous alternate routes.

It remained unclear how much of the state's $2 billion-a-year citrus industry, which accounts for most of the oranges and lemons commercially available to U.S. consumers, might be lost.

In the San Joaquin Valley, the heart of navel and mandarin orange production in central California, low temperatures in the teens threatened to kill citrus crops, which are in danger of perishing whenever the mercury falls below 28 degrees, farmers' groups said.

The National Weather Service alerted growers to the danger so they could take precautions, but there may still be a heavy loss, meteorologist Jeff Barlow said.

'They won't be able to save all of the crops,' Barlow said. 'This is going to be a pretty significant freeze event for the central California citrus crop.'

Nevertheless, California Citrus Mutual spokeswoman Alyssa Houtby said the group's members were optimistic that damage would be curtailed enough to avoid major shortages or price increases. Because citrus fruit is harvested in winter, farmers are used to dealing with frost, she said.

She said about 25 percent of the citrus harvest had already been picked, and the rest was still on the trees.

'IT GETS A LITTLE DICEY'

Cold weather in moderation can increase the fruit's sugar content, making it more resilient to future touches of frost, Houtby said.

'It can be a good thing for citrus, but when it gets down into the lower 20s for long times, as it is expected to tonight, it gets a little dicey,' she told Reuters.

The lemon crop, primarily grown farther to the south in Ventura County, also faced the prospect of frost over the weekend, Houtby said.

California's strawberries, valued at roughly $2.2 billion a year, are especially vulnerable to the cold snaps, with plants generally unable to withstand temperatures lower than 34 degrees

for extended periods of time, said Carolyn O'Donnell of the California Strawberry Commission.

Although much of the state's 855,000-ton annual strawberry yield comes from Watsonville, just south of San Jose, the harvesting season there is still months away. But the current U.S. fresh strawberry supply depends on farmers in Ventura County, who produce far less.

Because of the already low production, the effect of frost damage to Ventura County crops at this time of year could be amplified, O'Donnell said.

However, like citrus growers, strawberry farmers are taking precautions, such as running large fans and heaters in the fields.

Among other quintessential Californian crops threatened are avocados, a $400 million industry generally harvested between March and October. The largest growing areas are in San Diego and Ventura counties, said Jonathan Dixon, research program director at the California Avocado Commission.

'The growers I know are having a lot of sleepless nights at the moment,' Dixon said. 'Most of these guys will be up all night chasing their frost protection.'

Although no further snow was expected over the weekend, temperatures were expected to continue to drop on Saturday before gradually warming next week, the weather service said.

In normally temperate San Diego, temperatures were expected to reach 39 degrees on Friday night, closer to the record low of 34 degrees set in 1888 than the normal 59 degrees, said Robert Balfour, a National Weather Service forecaster.

'The rest of the country is probably laughing at us, saying, 'You call that cold?'' Balfour said.

(Reporting and writing by Brandon Lowrey; Editing by Steve Gorman and Marguerita Choy) Keywords: USA WEATHER/CALIFORNIA

(steve.gorman@thomsonreuters.com)(213-955-6761)(Reuters Messaging: steve.gorman.thomsonreuters.com@reuters.net)

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Source: http://www.xe.com/news/2013/01/12/3160565.htm?utm_source=RSS&utm_medium=TL&utm_content=NOGEO&utm_campaign=News_RSS_Art5

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Incredible vintage footage via Tim Westwood: Ultramagnetic MCs live in London -...

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My Word: Florida aims to shed obesity's weight

Data indicate that Central Floridians have not been immune to widening waistlines: 27.8 percent of Orange County adults and 27.2 percent of all Florida adults were obese in 2010. From 2009 to 2011, Orange County's three-year age-adjusted death rates for heart disease, stroke and diabetes in adults ? all weight-related diseases and conditions ? were higher than the overall state rates.

Health-care professionals, hospitals, civic groups, families, businesses, schools, legislators, communities and every Floridian should take notice of this expanding problem. In Florida, one in four high-school students and one in two adults are overweight or obese. This unhealthy weight leads to a higher risk of chronic illnesses, such as hypertension, diabetes, asthma, cancer and arthritis.

The number of obese adults is on course to escalate dramatically in Florida over the next 20 years, according to a report released by Trust for America's Health and the Robert Wood Johnson Foundation. The toll from chronic weight-related diseases on personal livelihood and lifestyle is unacceptable; the consequences from the associated health-care costs are unsustainable.

In the next two decades without change, obesity will add more than two million new cases of diabetes, six million new cases of coronary heart disease and stroke, five million new cases of hypertension, three million new cases of arthritis, and nearly nine million new cases of obesity-related cancers in Florida.

To become the healthiest state in the nation, we must work together to address this top public health threat. By applying best practice that uses evidence-based research and coordinates local private and public initiatives, we can promote a healthier way of life.

Achieving an individual's healthy weight begins by taking the first of many ongoing steps toward a healthier lifestyle.

A community discussion at the Surgeon General's Symposium in Orlando on Monday will launch this statewide initiative of the Florida Department of Health. We are committed to collaboration that puts Florida on track to be the state with the healthiest weight in the nation.

John Armstrong is Florida's surgeon general and secretary of health.

Source: http://feedproxy.google.com/~r/orlandosentinel/news/opinion/~3/Rlkfbk3dPB4/story01.htm

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Brophy Prep soccer beats No. 1 team in nation; plays tournament title match in Florida today

Brophy Prep, elitesoccerreport.com?s No. 16 team in the country, knocked off the website?s No. 1 Boca Raton (Fla.), 2-0, in a Montverde Academy Soccer Tournament semifinal match Friday in Florida.

Brophy Prep, azcentral sports? No. 1 team in Division I, advances to the tournament championship match, which will be played at 4:30 p.m. today, against host Montverde Academy.

According to elitesoccerreport.com, Brophy scored a goal in each half (Riggs Lennon and David Lane) to hand Boca Raton its first loss of the season.

Watch the final live at Montverde.tv.

And now, your Moment of Zin. Still. Neymar.

Follow?Inside the Lines (this here blog) on Twitter, @azc_domingo. For Odeen?s soccer only tweets, use and follow hashtag #ODFC. For Odeen?s HS soccer tweets, use and follow #azsoccer.

For more? ITL posts, click here. For more prep sports, click here.

Check out azcentral.com?s all-things-soccer blog, Odeen Domingo FC by clicking here.

Source: http://www.azcentral.com/insiders/odeendomingo/2013/01/12/brophy-prep-soccer-beats-no-1-team-in-nation-plays-tournament-title-match-in-florida-today/

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