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Bears taking over - OfficeMax? Tops
New York, November 23rd (TradersHuddle.com) - OfficeMax Inc. (NYSE:OMX) shares closed the session lower by $0.41 or -2.38% from its previous close. OfficeMax's latest price action developed a short term reversal pattern in the form of a tweezer top, which is a candlestick pattern that is usually formed at the end of a uptrend. Given that the tweezer top is considered a reversal pattern, traders with long positions need to monitor stock price action for confirmation of weakness and plan position accordingly.
OfficeMax Inc. (NYSE:OMX) is an office products retailer. The Company distributes and retails a variety of products such as office supplies, technology products, and business furniture. OfficeMax sells through stores located throughout the United States, Canada, and Mexico, and many of the products are also sold through its catalog and internet site.
OfficeMax's stock has been a defined range with support at $16.49 and resistance at $17.56, which can be used by traders managing their trades, given the possibility of short term weakness in the stock.
Tweezer tops are exactly the opposite of tweezer bottoms, as they define a resistance point for OfficeMax that needs to be digested prior to the stock price to move higher.
Tweezer tops can be formed at the end of an uptrend, at a clear horizontal resistance point, or within a downtrend when price action is dealing with the declining resistance trend. Like any other candlestick pattern it needs confirmation by trading below the previous day low. Below an example of Tweezer Top reversal patterns:
Women's Tops -Tops
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Niagara tops nation in penalty killing-Tops
By Tim Schmitt Niagara Gazette
The Tonawanda News Mon Nov 22, 2010, 11:22 PM EST
LEWISTON — Forget grabbing a copy of “The Hangover” or “Old School” at Blockbuster on Center Street, when members of the Niagara University men’s hockey team get together for movie night prior to each game, you’d be surprised to hear what DVD they reach for.
“Every week, these guys come in and ask me for a DVD of the other team’s power play,” said Niagara assistant Tim Madsen, who oversees the Purple Eagles’ penalty killing unit. “They want to watch it. Seriously.”
Whatever the Niagara penalty killers’ viewing habits, it’s working. Heading into tonight’s contest with Colgate (7 p.m., TW-13, 1440-AM) at Dwyer Arena, the hosts bring the nation’s top-ranked unit, as they’ve killed off 55 of the 61 man-advantage situations they’ve faced this season. They enter in the midst of a sterling stretch in which opponents have scored just three times in the last 48 chances.
Credit a solid defensive corps and good goaltending, but the tandem of Paul Zanette and Bryan Haczyk lead a group of forwards who’ve also done their share in keeping the net clean. Zanette is already the program’s career leader in short-handed goals and is the only player in the country with three this year, while Haczyk’s blazing speed makes him a threat every time a shot is blocked and the Purple Eagles head the other way.
Also, guys like Dan Baco, Scott Arnold, Jeff Hannan and Ryan Murphy have helped a unit that’s currently ahead of powerhouses like Boston College, Merrimack, Clarkson and Miami by percentage points.
Madsen, who played for Niagara, said the team hasn’t done much differently other than buy into a belief that penalty killing is vital.
“We’re so proud of the way the guys have embraced it,” Madsen said. “It doesn’t have much to do with a system, it’s guys taking pride in what they’re doing.”
The unit will face a big challenge tonight in a Colgate team that’s underachieved so far and is scrapping for momentum. The Raiders are winless in their last six games, and sit alone in the ECAC basement.
But the roster boasts plenty of talent, including a number of NHL draft picks.
“They play at such a high pace, they play hard all the time,” Niagara coach Dave Burkholder said. “They’re having some hard luck, but we’re always concerned with a team that’s got that kind of team speed. They’re looking for something to spark their season.”
For Niagara, which had won five straight before a 7-4 loss to Air Force on Saturday, Zanette has been the biggest story. The senior has had a true breakout season, and currently leads the nation with a dozen goals.
“It’s great to see. This is what you want for your seniors,” Burkholder said of Zanette’s emergence. “Paul’s on one of those streaks, everything he touches, it’s just been magical. It’s been fun to watch when he goes over the boards.”
But while he’ll be counted on heavily at the offensive end, Zanette will join his teammates in trying to keep the penalty-killing unit at the top of the nation’s leaderboard, a feat the program had never accomplished until this week.
And Madsen said the Purple Eagles are keeping track.
“If the kids say they’re not stat rats, they’re lying,” Madsen said. “They see Boston College, Boston University, Nebraska-Omaha and Michigan, then they see Niagara at the top and it gets them excited and gives them more incentive.”
DOT Stimulus Spending Tops $22.6 Billion-Tops
Obama, Biden celebrate auto recovery in Indiana as DOT races to obligate money
Department of Transportation spending, under the 2009 economic stimulus law, reached $22.65 billion as of Nov. 11, and federal officials are working with a number of states to push remaining funds along quickly.
That money represents amounts paid out to reimburse states for work already done, mostly highway and bridge repairs or new construction since the American Recovery and Reinvestment Act began backing infrastructure projects about 19 months ago. The DOT’s payout level rose by more than $1 billion in the latest three weeks.
In all, $40.65 billion has been made available for states to use, out of a total of $48.1 billion the department could deploy under the stimulus. Most of the remaining money is in the $8 billion intercity passenger rail program, awaiting formal implementing agreements, and a $1.5 billion discretionary grant account that the DOT is spreading among various freight rail, highway, transit and port projects.
The stimulus program remains controversial for failing to bring the U.S. unemployment rate below its recent 9.6 percent level, but President Obama and Vice President Biden planned to celebrate its role in reviving manufacturing in Kokomo, Ind., on Nov. 23.
The White House said an $89 million Recovery Act grant helped open a new hybrid vehicle component plant there, while other stimulus funds supported a downtown revitalization that spurred additional businesses to open. Obama and Biden were slated to visit a Chrysler transmission plant in Kokomo.
Some Republican members of Congress vowed to try to stop the Obama administration from using unobligated stimulus money, including the DOT’s passenger rail and discretionary grants, once the GOP takes control of the House in January. “It must be perceived as a real threat by the administration,” said one transportation expert in Washington, “because the DOT is doing everything it can to get the money obligated.”
St. Louis tops list of most dangerous US cities -Tops
TRENTON, N.J. (AP) -- St. Louis overtook Camden, N.J., as the nation's most dangerous city in 2009, according to a national study released Sunday.
The study by CQ Press found St. Louis had 2,070.1 violent crimes per 100,000 residents, compared with a national average of 429.4. That helped St. Louis beat out Camden, which topped last year's list and was the most dangerous city for 2003 and 2004.
Detroit, Flint, Mich., and Oakland, Calif., rounded out the top five. For the second straight year, the safest city with more than 75,000 residents was Colonie, N.Y.
The annual rankings are based on population figures and crime data compiled by the FBI. Some criminologists question the findings, saying the methodology is unfair.
Greg Scarbro, unit chief of the FBI's Uniform Crime Reporting Program, said the FBI also discourages using the data for these types of rankings.
Kara Bowlin, spokeswoman for St. Louis Mayor Francis Slay, said the city actually has been getting safer over the last few years. She said crime in St. Louis has gone down each year since 2007, and so far in 2010, St. Louis crime is down 7 percent.
Erica Van Ross, spokeswoman for the St. Louis Police Department, called the rankings irresponsible.
"Crime is based on a variety of factors. It's based on geography, it's based on poverty, it's based on the economy," Van Ross said.
"That is not to say that urban cities don't have challenges, because we do," Van Ross said. "But it's that it's irresponsible to use the data in this way."
(Copyright 2010 by The Associated Press. All Rights Reserved.)
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KMOV.com launches new app for iPhone, Android and Blackberry
TOPS NEWS /ABOUT US -Tops
NEW AND USED OFFICE FURNITURE, SUPPLIES & EQUIPMENT
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- M thru F: 8 am to 6 pm
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North / West
- 4300 South IH35
- Georgetown, Texas 78682
- Office: 512.864.7141
- Fax: 512.864.7574
- Open 6 Days a Week
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Central / South
Please include: description, quantities and photos of product available, pick up address, contact info, and desired removal date.
TOPS on YouTube
Get your furniture valuated at either a "Fair Market" or "Liquidation" value or both. "Fair Market" is the price a client would pay if an item was on the showroom floor of a furniture store. Use this option when you want to either get a devaluation for tax purposes, buy/sell to other companies/property management.
"Liquidation" value is the price a used furniture vendor would pay to a client for product. It's generally some fraction of the "Fair Market Value" which depends on how long an item will take to sell, cost in pick up, viewing, coordination time, storage costs, etc. We only include the end user price at this time, not adding in the other internal costs. This type of pricing is useful when you are trying to buy something from another end user and want to take the costs down.
Costs for this service, including an onsite visit are $90 minimum and $45 per hour after two. If you are able to send pictures then without an onsite visit, a $45 minimum is charged with $45 per hour every hour after one.
Click on the valuation link above to open an email or email deals@topstexas.com for more information.
"Liquidation" value is the price a used furniture vendor would pay to a client for product. It's generally some fraction of the "Fair Market Value" which depends on how long an item will take to sell, cost in pick up, viewing, coordination time, storage costs, etc. We only include the end user price at this time, not adding in the other internal costs. This type of pricing is useful when you are trying to buy something from another end user and want to take the costs down.
Costs for this service, including an onsite visit are $90 minimum and $45 per hour after two. If you are able to send pictures then without an onsite visit, a $45 minimum is charged with $45 per hour every hour after one.
Click on the valuation link above to open an email or email deals@topstexas.com for more information.
TOPS-To Tops
Total Operations Processing System, or TOPS, is a computer system for managing the locomotives and rolling stock (railroad cars) owned by a rail system. It was originally developed by the Southern Pacific Railroad and was widely sold; it is best known in Britain for its use by British Rail and its successors.
Contents |
[edit] Early development
The Southern Pacific Railroad was ahead of the pack in its embracing of technology. In the early 1960s it developed a computer system called “Total Operations Processing System”, or TOPS. The purpose was to take all the paperwork associated with a locomotive or railroad car - its maintenance history, its allocation to division and depot and duty, its status, its location, and much more - and keep it in computer form, constantly updated by terminals at every maintenance facility.[1] On paper, this information was difficult to keep track of, difficult to keep up to date, and difficult to query, requiring many telephone calls. Computerizing this information enabled a railroad to keep better track of its assets, and to utilize them better.[1]
In order to offset the development costs of the system, Southern Pacific sold it to other railroads. A number of American railroads took to the system, as did many others around the world.
Adoption by British Railways
In the mid to late 1960s British Railways (subsequently rebranded British Rail) was searching around for ways to increase efficiency, and came across the TOPS system in a 1968 presentation by an IBM US Transportation Industry Representative who shortly after formed IBM World Trade Corp's Transportation Industry Centre in Brussels (E. Wrathall). They purchased the system (along with source code, as was typical for such a large mainframe-based system in those days) and implemented it, assisted by Southern Pacific IT experts. At the time, the British Government operated a "Buy British" policy for the nationalised industries, and the purchase of an IBM 360 mainframe to operate TOPS had to be approved by the Cabinet of Prime Minister Edward Heath.
The adoption of the TOPS system made for some changes in the way the railway system in Britain worked. Hitherto, locomotives were numbered in three different series. Steam locomotives carried unadorned numbers up to five digits long. Diesel locomotives carried four-digit numbers prefixed with a letter 'D', and electric locomotives with a letter 'E'. Thus, up to three locomotives could carry the same number. TOPS could not handle this, and it also required similar locomotives to be numbered in a consecutive series in terms of classification, in order that they might be treated together as a group.
TOPS Numbering Under British Rail
Sequentiality was all that was required, but with the requirement to renumber, it was decided to adopt a logical system for classification, and the five- or six-digit TOPS number was divided into two parts. No class of locomotive or multiple unit numbered over 1000 examples, so the last three digits were used for the individual number between 001 and 999 in that class. The first two or three digits were used to denote the class of locomotive or multiple unit. The numbers were often written in two space separated groups, such as '47 401' to highlight that division, but the TOPS system actually stored and displayed them without the space: '47401'. Sub-classifications were indicated in the TOPS system with a slash and a subclass number, e.g. '47/4'. It was convention — though not enforced within the TOPS system — that subclass numbers were boundaries in the locomotive numbering system, such that class '47/4' started with number '47 401'. If there were more than 99 numbers in a subclass, the number series extended to the next value of the third digit; thus, since there were more than 200 locomotives in class '47/4', subclasses '47/5' and '47/6' did not exist, and the next valid subclass by convention was '47/7' starting with '47 701'. However, in some cases, the sequences do not match, e.g. 158/0 numbers start at 158 701.
Locomotives are assigned classes 01–98: diesel locomotives 01–70, DC electric locomotives 71–79, AC electric locomotives 80–96, departmental locos (those not in revenue-earning use) 97, and steam locomotives 98. One oddity was the inclusion of British Rail's shipping fleet in the system as Class 99. Diesel multiple units (DMUs) with mechanical or hydraulic transmission are classified 100–199, with electric transmission 200–299. Electric multiple units (EMUs) are given the subsequent classes; 300–399 are overhead AC units, while Southern Region DC third rail EMUs are 400–499, other DC EMUs 500–599. Classes 600–899 have not yet been used, but selected numbers in the 900 series have been used for departmental multiple units, mostly converted from former passenger units. More information can be found on British Rail locomotive and multiple unit numbering and classification.
Coaching stock and individual multiple unit cars are allocated five-digit numbers; since the early 1980s it has been forbidden for them to have the same numbers as locomotives, but before then duplication was possible because they carried a prefix letter, which was considered part of the number. More information can be found on British carriage and wagon numbering and classification.
Recent history
TOPS has grown very out of date in recent decades. It is a text-terminal, mainframe-driven system which is not very user-friendly, cryptic, hard to use and prone to operator error because of its cryptic displays and command set. In addition, it is written in its own programming language, TOPSTRAN (not strictly speaking a separate language but a set of IBM Assembler macros), and it is increasingly hard to find and train developers to maintain it. The division of British Rail and privatisation has also hurt TOPS, because it was never really designed for that; some Train Operating Companies do not keep information as up to date as they should.
Attempts have been made to 'skin' the system with a more user-friendly interface, called TOPS 2000; in addition, there are other parallel systems now, such as TRUST and Genius, but none has yet supplanted the TOPS system.
Sample output
This is a typical report that a TOPS clerk could generate. The train in question is a 25 wagon freight train travelling from Over & Wharton, near Winsford, to Reading West Junction.[2]
K383400 0010 2837 22/10/86 U483 ON N199 BY KO
TRAIN ENQUIRY RESPONSE FOR 377Z380 22 TFA - 9KJ
ACTUAL TRAIN ID 377Z380 22 BOOKED 7Z380
DEP OVER&WHAR 1520 22 2 HRS 20 MINS LATE FOR REASON L CAT B SECTOR 5
LOCO 25901
LOCO 25908
25 LDS 0 MTYS 888 TONNES 799 T/FT 418 POTENTIAL VAC BRAKE FORCE
STATION CONSIST ARR DEP LDS MTYS SCHEDULE
37015 OVER&WHAR 1520 025 000 71212
65700 BESCOTYD NRP 1707 EST 1709 EST 025 000
74260 READINGWJ DETAIL 2007 EST 025 000
END
LAT Home-Collections-Sarah Palin-Tops
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Sarah Palin, Mitt Romney are tops for GOP voters looking to 2012
A new poll finds Republican favorites for the presidential race are Sarah Palin, Mitt Romney, Mike Huckabee and Newt Gingrich. Minnesota Gov. Tim Pawlenty is a distant fifth; Indiana Gov. Mitch Daniels is a dark horse.
Reporting from Washington — Four familiar names lead the pack in a new poll testing the very early landscape in the Republican race for president in 2012.
The Quinnipiac University survey released Monday found Sarah Palin, Mitt Romney, Mike Huckabee and Newt Gingrich tightly matched at the top of the field, all within a range of 4%.
The Quinnipiac University survey released Monday found Sarah Palin, Mitt Romney, Mike Huckabee and Newt Gingrich tightly matched at the top of the field, all within a range of 4%.
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Palin, the party's 2008 nominee for vice president, receives 19% of the vote in the national survey of Republican voters. Romney, the former Massachusetts governor who finished second to John McCain in primaries and caucuses won in 2008, is backed by 18%.
Another 2008 candidate, former Arkansas Gov. Mike Huckabee, gets 17% of the vote, and former House Speaker Newt Gingrich finishes with 15%. Minnesota Gov. Tim Pawlenty is a distant fifth at 6%, a respectable showing at this point as he builds a national profile.
Electability often emerges as a lead consideration among primary voters, and two of the four Republicans that Quinnipiac tests in hypothetical matchups with President Obama are competitive. Romney actually leads Obama, 45% to 44%, while Obama leads Huckabee 46% to 44%. But Obama has an 8-point advantage over Palin, 48% to 40% overall and 44% to 37% among independent voters.
Against Indiana Gov. Mitch Daniels, Obama leads 45% to 36%. Daniels, who also served in the Bush administration as the director of the Office of Management and Budget, is considered a potential dark horse in the GOP field.
"Daniels is essentially a generic Republican because of his anonymity to most voters," Quinnipiac's Peter Brown said in a press release. About four in five Americans have not heard enough about him to form an opinion, the survey found.
A full sample was asked whether Obama deserved to be reelected. At this point, 43% said yes, 49% said, and 9% were not sure.
"The best thing Obama has going for him when it comes to his reelection may be that at this point the Republicans don't have a candidate who is both nationally well-known and well-liked by a majority of voters," Brown said.
Nearly two-thirds — 64% — of Democratic voters say they do not want anyone to challenge the president for re-nomination, while 27% say they would like to see a contested fight.
The survey of 2,424 registered voters was conducted from Nov. 8 to 15 and includes subsamples of 1,011 Republican and Republican-leaning voters, and 1,048 Democratic and Democratic-leaning voters.
mmemoli@tribune.com
twitter.com/mikememoli
Another 2008 candidate, former Arkansas Gov. Mike Huckabee, gets 17% of the vote, and former House Speaker Newt Gingrich finishes with 15%. Minnesota Gov. Tim Pawlenty is a distant fifth at 6%, a respectable showing at this point as he builds a national profile.
Electability often emerges as a lead consideration among primary voters, and two of the four Republicans that Quinnipiac tests in hypothetical matchups with President Obama are competitive. Romney actually leads Obama, 45% to 44%, while Obama leads Huckabee 46% to 44%. But Obama has an 8-point advantage over Palin, 48% to 40% overall and 44% to 37% among independent voters.
Against Indiana Gov. Mitch Daniels, Obama leads 45% to 36%. Daniels, who also served in the Bush administration as the director of the Office of Management and Budget, is considered a potential dark horse in the GOP field.
"Daniels is essentially a generic Republican because of his anonymity to most voters," Quinnipiac's Peter Brown said in a press release. About four in five Americans have not heard enough about him to form an opinion, the survey found.
A full sample was asked whether Obama deserved to be reelected. At this point, 43% said yes, 49% said, and 9% were not sure.
"The best thing Obama has going for him when it comes to his reelection may be that at this point the Republicans don't have a candidate who is both nationally well-known and well-liked by a majority of voters," Brown said.
Nearly two-thirds — 64% — of Democratic voters say they do not want anyone to challenge the president for re-nomination, while 27% say they would like to see a contested fight.
The survey of 2,424 registered voters was conducted from Nov. 8 to 15 and includes subsamples of 1,011 Republican and Republican-leaning voters, and 1,048 Democratic and Democratic-leaning voters.
mmemoli@tribune.com
twitter.com/mikememoli
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