NII Holdings Hurt By Hurricane
The News Review:
- NII Holdings Hurt By Hurricane
- Hurricane Season Disappoints Merchants of Doom
- Boy 15 fights for life after ‘hurricane’ crash
- Curve Head Telescopic Banner from Tornado Displays
- Fires’ Cost to Insurers Is in Range of $1 Billion
- Publishing Good News since 1884
- Casting their lots
NII Holdings Hurt By Hurricane
Forbes – Oct 25, 2007
275 million net subscriber additions for the year. Wachovia Capital Markets analyst Gray Powell said the hurricanes in Mexico cost the company between 10000 and 15000 additional subscribers. Although Powell says the hurricane doesn’t explain all of the third quarter’s subscriber shortfall the company believes things will improve in October which should begin to show in the fourth quarter. The company also said the number of net adds in 2008 will be higher than 2007 and should be up in Mexico next year. “This indicates to us that the story is NOT broken and that the potential for strong growth still exists” Powell said. Although Powell said “stock is likely dead money for the next few months due to a lack of catalysts” he thinks the stock over the longer term is more compelling. He rates the stock an “outperform.
Hurricane Season Disappoints Merchants of Doom
American Thinker – Oct 25, 2007
They know full well without the pain and suffering from these weather events: budgets may get cut and ratings tank. The depravity of it all is simply stunning. 2007 is the second year in a row after Katrina that hurricane forecasts have been completely wrong. Scientists at the National Oceanic and Atmospheric Administration (NOAA) Climate Prediction Center National Hurricane Center Hurricane Research Division… Not that much better than a coin flip. NOAA’s Atlantic Ocean Meteorological Laboratory has complied Accumulated Cyclone Energy indexes (ACE) since1851. ACE expresses the activity of Atlantic hurricane seasons. ACE is calculated using an approximation of the energy of a tropical system over its lifetime. Energy levels are taken every six-hour period. The ACE of a season is the sum of the ACEs for each storm and takes into account the number strength and duration of all the tropical activity in the season. It is the most useful measure of seasonal activity since it measures not only the number of storms but their intensity.
Boy 15 fights for life after ‘hurricane’ crash
Glasgow Evening Times – Oct 25, 2007
Police cordoned off the crash scene as investigations began. It is thought drugs may have been in the vehicle and police are hunting the driver. Neighbours today told how they thought “a hurricane” had struck only to discover a car had ripped through their grounds. George Murphy 42 said he and dozens of others had been campaigning for two years to get safety improvements on the road and was not surprised by the accident which happened about 11pm. Mr Murphy said: “I heard what I thought was a hurricane and then a massive explosion. “I looked out the back window and saw a gaping hole where my 6ft garden fence used to be. It was a scene of devastation… Neighbours today told how they thought “a hurricane” had struck only to discover a car had ripped through their grounds. George Murphy 42 said he and dozens of others had been campaigning for two years to get safety improvements on the road and was not surprised by the accident which happened about 11pm. Mr Murphy said: “I heard what I thought was a hurricane and then a massive explosion. “I looked out the back window and saw a gaping hole where my 6ft garden fence used to be. It was a scene of devastation. Then round the corner I spotted a car with smoke coming out of it. Mr Murphy and another neighbour ran to the vehicle and when they saw a teenager lying on the back seat they called for an ambulance.
Curve Head Telescopic Banner from Tornado Displays
Infolink Architecture & Building – Oct 25, 2007
Placed in groups the Curve Head Telescopic Banner is eye-catching and effective as brand advertising devices. The advantage of Tornado Displays? system is that the material does not crease. The Curve Head Telescopic Banner is held open at the base with a thin glass fibre rod. This is also useful to prevent flapping in the wind. The Curve Head Telescopic Banner is fibre glass with a digitally-printed Vestex type banner. The Curve Head Telescopic Banner comes with a straight spike and carry bag and a graphic of 850 x 4200mm of pure branding opportunity.
Fires’ Cost to Insurers Is in Range of $1 Billion
New York Times – Oct 25, 2007
Settling claims however is generally expected to be more straightforward than after Hurricane Katrina. In that storm much of the damage was caused by flooding which is not covered by most home insurance policies. Thousands of homeowners argued in lawsuits that the flooding they experienced had been caused by hurricane winds and that their policies should pay leading to lengthy court fights. The courts have general ruled in favor of the insurance companies. Fire on the other hand was the first coverage contained in the first home insurance policy hundreds of years ago and it is clear that insurance companies must cover it.
Publishing Good News since 1884
Florida Baptist Witness – Oct 25, 2007
18 ripping off half the roof and shattering its nearby daycare center. But even an F1 tornado won’t destroy Lonnie D. Wesley III’s resolve. The 13000-square foot sanctuary isn’t the church he told Florida Baptist Witness… We care about this congregation and the people involved. Lentine heads a faith-based organization in the area formed after the recent past historic hurricane seasons. They stress hurricane preparedness and strategic planning for what to do in the aftermath of a hurricane. “Frankly people are still thinking about hurricanes and this tornado just sort of took us by surprise” Lentine said.
Casting their lots
ESPN – Oct 25, 2007
But a great deal of the deaths and damage in New Orleans followed the failure of the levees built around that below-sea-level city. It was Katrina’s backwash that crushed the Crescent City. “East of the eyewall” is where you don’t want to be when a hurricane hits. Winds can be 40 to 50 mph higher in the right front quadrant than they are west of the eyewall in the left quadrant. Mississippi’s coastline was east of Katrina’s eyewall sticking out like a chin for the full force of Katrina’s fist. Bo Ethridge a developer in Biloxi and an avid fisherman remembers having one of those “uh-oh” moments when Katrina hit. Ethridge sent his family packing but decided to ride out the storm in his Biloxi home… Yeah at that point I thought I’d made a big mistake by staying. ” Kenny Barhanovich a lifetime Mississippi Gulf Coast charter boat captain remembers when Biloxi got hit by a Category 5 Hurricane Camille in August 1969. It’s still considered the second-most intense hurricane in U. history with winds estimated at 200 mph. But Camille lasted “only” about five hours. Katrina’s hurricane-force winds persisted for 17.