Friday, 21 June 2013

Family Finance: Tips for buying, selling in today's market - WTOC.com

SAVANNAH, GA (WTOC) -

With mortgage rates rising quickly, many might wonder if now is a good time to buy or sell a home.

U.S. mortgage rates have risen for the sixth straight week, and Laney Barroll Stark, of Barroll and Barroll Realty in Savannah said she's seen interest rates go up half a percent in three weeks. This is a considerable jump in such a short amount of time.

Stark said this is is because the Federal Reserve is sending out signals they plan to slow down bond purchases. This is causing the 10-year treasury rate to go up, which of course, makes mortgage rates go up.

Stark said she believes now is a good time to buy, and urges those who are interested in a particular area to find an agent that specializes in that area.

She also said if you see something, don't waste any time.

"If there is a property out there you think is a gem, don't sit and wait, because if you think it's a gem someone else is going to think it's a gem. I've been in bidding wars in this market, believe it or not."

If you're looking to sell, Stark said if you absolutely don't have to, it might be better to hold off because you could take a loss from the recession. She also urges sellers to price correctly, otherwise you won't make any movement on the home.

Copyright 2013?WTOC. All rights reserved.

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    Source: http://www.wtoc.com/story/22637868/family-finance-tips-for-buying-selling-in-todays-market

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    3M Mobile Projector MP300


    The 3M Mobile Projector MP300 is my new poster child for products that just miss getting everything right. It's small, lightweight, bright, physically attractive, and easy to set up. But it's limited to a single connector?an MHL-enabled HDMI port?which makes it a great choice if you can take advantage of the connector, and completely useless if you can't.

    The single-port design isn't quite as limiting as it might seem. In addition to letting you connect to image sources with HDMI, Mini-HDMI, and Micro-HDMI connectors, it also lets you connect, using appropriate adaptors, to sources with an Apple Lightning port, a DisplayPort, a DVI-I or DVI-D port, or an MHL-enabled micro USB port, which includes any number of smartphones and tablets. You can even plug in the Roku Stick that we reviewed late last year. In fact, 3M sells the identical projector with the Roku Stick included, as the 3M Streaming Projector ($300 street).

    A major catch, of course, is that the choices don't include either a VGA connector, which is still the ubiquitous choice for Windows computers, or support for USB direct display, which would be a good alternative. Also notable for its absence is a USB A connector that would let you plug in a USB memory key as an image source. That said, however, if you have an image source with a connector you can use, the projector can do an impressive job.

    Basics and Setup
    The MP300 scores well on portability. It measures roughly 2.0 by 4.3 by 4.2 inches (HWD), but seems smaller, because of rounded edges and tapering, and it weighs just 11 ounces complete with its rechargeable battery. Even with the power block, the total weight is only one pound one ounce. However, you may well choose to leave the power block at home, thanks to a long battery life, at a claimed three and a half hours in Eco mode or two and a half hours in Standard mode.

    Like most projectors in its weight class, the MP300 is built around a DLP chip and LED light source, with the light source meant to last the life of the unit. The company rates it at 20,000 hours. The native resolution is WVGA (854 by 480), with input resolutions limited to standard video, rather than common computer, resolutions, at 480p (640 by 480p and 720 by 480p), 576p (720 by 576p), 720p (1280 by 720p), and 1080i (1920 by 1080i and 1440 by 1080i).

    Setup is simple. Plug in a cable, point the projector at whatever you're using as a screen, and focus the image. As is typical for projectors this size, there's no zoom control, which means you have to move the projector to adjust image size. The focus control earns special mention for being much easier to adjust than with most small projectors.

    One potential problem is that although the MP300 comes with an HDMI to HDMI cable, it doesn't come with any adaptors for other ports, and 3M doesn't sell any. That means you'll have to get them elsewhere, which can be more of a problem than you might think.

    The connector is on the back of the unit inside a small depression and facing sideways. The positioning lets you plug in a cable?or a Roku Stick?and then close the back cover without anything sticking out behind the MP300. Unfortunately, the limited clearance between the edge of the connector and the body of the projector can get in the way.

    In addition to the HDMI to HDMI cable that comes with the projector, I tried four different cables with an HDMI connector on one end and found that two of them wouldn't seat properly. This would be less of an issue if 3M also included, or at least sold, cables and adaptors that were guaranteed to fit, but it doesn't. For my tests, I connected the projector to a Blu-ray player, using one of the HDMI to HDMI cables that fit properly.

    Brightness and Image Quality
    The MP300 is rated at 60 lumens. That's less than some other, slightly heavier, LED-based portable projectors, like the 300-lumen Editors' Choice 3M Mobile Projector MP410, and it's a lot less than typical projectors that use standard lamps, like the 2,800-lumen Editors' Choice Epson EX3212 SVGA 3LCD Projector that I recently reviewed. As I've pointed out in other reviews, however, perception of brightness is logarithmic, so if one projector offers one fifth as many lumens as another projector, you'll perceive it is as being far more than one fifth as bright.

    Based on The Society of Motion Picture and Television Engineers (SMPTE) recommendation for image brightness, a 60-lumen image using a 1.0 gain screen is suitable for a 30 to 41-inch diagonal image at a 16:9 aspect ratio in theater dark lighting, or a roughly 20-inch image with moderate ambient light. For my tests, however, I found the MP300 usable for long sessions at slightly larger sizes as well, settling on a 41-inch wide (46-inch diagonal) image as bright enough for comfortable viewing.

    With no VGA port on the MP300, I couldn't run our standard suite of data image tests. However, the projector scored impressively well on our video tests, despite the low native resolution putting some obvious limits on its ability to show fine detail.

    It did an excellent job resisting posterization (shading changing suddenly where it should change gradually) and a good job with shadow detail (details based on shading in dark areas), even in scenes that tend to cause those problems. It also did a good job with skin tones, and showed only a minimal level of noise. The quality was certainly good enough to be comfortable to watch for long sessions.

    Rainbows and Other Issues
    Rainbow artifacts, with light areas breaking up into little red-green-blue rainbows, are always a potential concern for any single-chip DLP projector. Even though I see these artifacts easily, however, I saw very few with most test clips with the MP300. The exception was with a black and white clip, where they showed often enough to be annoying. Even so, unless you're planning to watch black and white movies or old TV shows, it's unlikely that you'll find the rainbow artifacts bothersome.

    Also demanding mention is the MP300's 2-watt speaker. As with the sound systems in most small projectors, it's essentially useless. Even at full volume, it was barely loud enough to make out words in a quiet room from a foot away. If you need sound, plan on using the audio output port, preferably with a powered headset or speakers.

    I'd like this projector a lot better if you could use it with a computer by way of VGA or USB Direct Display. But if you have an HDMI port or other digital video output on your computer, or you don't need to use it with a computer, that's not an issue. The projector has a lot to recommend it otherwise, with a usably bright, reasonably high quality image; easy setup; light weight; and long battery life. If you need a highly portable projector for an image source that the 3M Mobile Projector MP300 works with, it's a more than attractive choice.

    Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/zEPP0B9_f8I/0,2817,2420713,00.asp

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    Oracle's fiscal 4Q sales disappoint Wall St. again

    (AP) ? Oracle is still having trouble closing enough business software deals to keep Wall Street happy.

    The quarterly results announced Thursday could escalate investors' fears about Oracle's ability to adapt to the changing demands of its customers. Businesses and government agencies are increasingly buying software through monthly or annual subscriptions that enable employees to access applications on any machine with an Internet connection. This "cloud computing" approach is a shift from Oracle's traditional approach of licensing software that is installed on individual computers kept on the premises of its customers.

    Oracle has been rolling out more cloud computing options through acquisitions and in-house development, but its recent performance is raising questions about its ability to compete in this increasingly important segment of technology.

    "It's a very difficult transition," Forrester Research analyst Andrew Bartels said. "It's something they are clearly nervous about."

    Investors are jittery, too. Oracle's stock plunged $2.81, or 8.5 percent, to $30.40 after the numbers came out.

    A similar sell-off occurred three months ago when Oracle's previous quarterly report proved to be a letdown.

    The latest report also contained troubling signs as several key gauges fell below the analyst projections that steer Wall Street's expectations.

    In an apparent attempt to offset the slowdown in its software sales, Oracle is doubling its quarterly dividend. A payment of 12 cents per share will be made on Aug. 2 to shareholders of record as of July 12. Oracle will also try to boost its stock by spending an additional $12 billion buying back its own shares.

    The Redwood Shores, Calif., company earned $3.8 billion, or 80 cents per share, in its fiscal fourth quarter. That represents a 10 percent increase from income of $3.5 billion, or 69 cents per share, at the same time last year.

    If not for certain expenses unrelated to its ongoing business, Oracle said it would have earned 87 cents per share. That matched the average estimate among analysts surveyed by FactSet.

    But revenue remained unchanged from the same time last year to $10.9 billion ? about $170 million below analyst forecasts.

    In a particularly telling sign, Oracle's sales of new software licenses and cloud computing subscriptions increased just 1 percent from last year. The mid-range of an estimate provided by Oracle's management in March called for a 6 percent increase. New software licenses and subscriptions are considered to be a key measure of a software maker's health because they set up a steady flow of future revenue.

    Associated Press

    Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-06-20-Earns-Oracle/id-c497b7e6ecd2439c8af46bc464962741

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    Saudi to expel Hezbollah supporters over Syria war

    BEIRUT (AP) ? In the latest sign of the fissures growing in the Arab world over the Syrian civil war, Saudi Arabia's ambassador to Beirut has announced that the kingdom plans to deport Lebanese who supported Hezbollah, one of Damascus' key allies.

    The warning comes as the Lebanese Shiite militant group takes an increasingly prominent role in the Syrian war, fighting alongside President Bashar Assad's troops in a key battle earlier this month. Saudi Arabia is a strong backer of the mostly-Sunni Syrian opposition trying to remove Assad from power. Assad belongs to the minority Alawite sect, an offshoot of Shiite Islam.

    It follows the decision earlier this month by the Gulf Cooperation Council ? which includes Saudi Arabia, Kuwait, Bahrain, Qatar, Oman and the United Arab Emirates ? to crack down on Hezbollah members in the Gulf and limit their "financial and business transactions."

    Hezbollah says it has no businesses in the Gulf nations. However, there are more than half a million Lebanese working in the Gulf Arab nations, including tens of thousands in Saudi Arabia, some of whom have been living in the kingdom for decades. Many of those Lebanese are Shiites.

    Saudi Arabia will deport "those who financially support this party," Ambassador Ali Awad Assiri told Lebanon's Future TV late Wednesday. He did not elaborate on whether other actions could be also considered support for Hezbollah.

    "This is a serious decision and will be implemented in detail," Assiri said, without specifying when the deportations would begin. "Acts are being committed against innocent Syrian people."

    Lebanon's Foreign Minister Adnan Mansour told reporters Thursday he was in contact with Gulf officials over the matter. Hezbollah and its allies dominate Lebanon's current government, which resigned March 22, but continues to run the country's affairs in a caretaker capacity.

    Syria's 2-year civil war, which has killed nearly 93,000 people, is increasingly pitting Sunni against Shiite Muslims and threatening the stability of Syria's neighbors. Assad draws his support largely from fellow Alawites as well as other minorities including Christians and Shiites. He is backed by Shiite Iran, Hezbollah and Iraqi Shiites.

    U.S. officials estimate that 5,000 Hezbollah members are fighting alongside Assad's regime, while thousands of Sunni foreign fighters are also believed to be in Syria ? including members of Jabhat al-Nusra, an al-Qaida affiliate that is believed to be among the most effective rebel factions. Public opinion in Sunni states is often sympathetic to the rebels.

    Fighting between pro- and anti-Syrian groups has broken out in Lebanon, and Hezbollah's involvement in Syria is deepening tensions at home.

    Lebanese President Michel Suleiman, who has been increasingly critical of the group recently, said in remarks published Thursday that he is against Hezbollah's involvement in Syria and that Hezbollah fighters should return to Lebanon.

    "I told them from the start that I am against this act," he was quoted by al-Safir daily as saying.

    In Syria, activists reported violence between government forces and rebels in different parts of the country on Thursday, mostly near the capital Damascus and in the northern city of Aleppo, Syria's largest urban center and its commercial hub.

    The Britain-based Syrian Observatory for Human Rights said 11 rebels were killed in a battle with government troops in Aleppo, where the opposition has controlled whole neighborhoods and large swathes of surrounding land since last summer.

    Pro-regime media outlets announced earlier this month that troops had launched an offensive to build on the momentum of their Qusair triumph to retake Aleppo and other areas of the north.

    Another activist group, the Syria-based Aleppo Media Center, said rebels launched an attack on army positions in the city's Suleiman al-Halabi neighborhood. There were no immediate reports of casualties on the government side in the fighting.

    Amateur videos showed gunmen shooting and firing rockets at army positions in the neighborhood. The videos appeared genuine and corresponded to other AP reporting on the events depicted.

    Meanwhile, Syria's main Western-backed opposition group said 40,000 civilians in two northern districts of Damascus in which government forces have been operating are suffering food shortages and lack medical supplies.

    "After six months of continuous siege, (and ) military checkpoints ... the neighborhoods of Qaboun and Barzeh are at risk," the Syrian National Coalition said in a statement. It said the government forces conduct frequent raids in the two districts and there is fear that such army operations will result in a "massacre."

    Also on Thursday, the Observatory urged the International Committee of the Red Cross and other humanitarian organizations to intervene and take medicine and food to Aleppo's central prison. Heavy fighting around the prison has raged for weeks and there have been casualties among the prisoners, the activists said.

    The Observatory, which has a network of activists around the country, said three detainees died this week from tuberculosis and that scabies was spreading in the jail, which holds thousands of prisoners.

    The prison, which is besieged by rebels, relies on food and medicine brought in drop-offs by army helicopters. The Observatory said more than 100 detainees have been killed since April when the fighting around the prison began.

    Meanwhile, Syrian rebels and Kurdish gunmen reached an agreement to end a rebel siege of the northern predominantly Kurdish region of Afrin that triggered a shortage of food and medicine there, the Observatory said.

    The Afrin flare-up began when rebels wanted to pass through it to attack the predominantly Shiite villages of Nubul and Zahra, controlled by Assad loyalists, the head of the Observatory, Rami Abdul-Rahman, said. After Kurdish groups refused, rebels attacked Kurdish checkpoints and laid siege beginning on May 25.

    Source: http://news.yahoo.com/saudi-expel-hezbollah-supporters-over-syria-war-093852965.html

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