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US Data Push European Stocks Lower

In economic news, UK house prices fell for the fourth straight month in February, the lowest annual rate of growth in more than two years, according to Nationwide's latest survey.

And Liechtenstein's Prime Minister told the European Union he wanted a "reasonable deal" over tax fraud, while Canada becomes the latest country to launch its own investigations.

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Unversity Place litigation settled

A settlement has been reached in litigation over the University of Idahos failed University Place real estate project in Boise. Under its terms, the UI Foundation will pay $2.5 million and the various parties insurers will pay $5.8 million, for a total $8.3 million mediated settlement. Of that, $5.8 million goes to the foundations Consolidated Investment Trust, and the other $2.5 million goes to the university.

In a joint statement, the parties, who include law firms, insurance companies, the UI Foundation board, and former UI officials including former President Robert Hoover, said, The settlement is a reasonable resolution of an extremely complex matter, avoids substantial future litigation costs, and is in the best interest of the University community.

The amount being paid by each party is being kept secret.


McCain wins Bush backing, bucks

Many are just now beginning to dial up large donors for contributions to Mr. McCain.


"A lot of them have gotten plugged in with us in the last couple of weeks," said Charlie Black, a Republican strategist who is now one of Mr. McCain's top advisers. The Bush endorsement "is message to them that if you're still on the sidelines, you need to help."


More importantly, the McCain team has enlisted Mercer Reynolds, the finance chairman for Mr. Bush's re-election campaign, to help bring in cash.


Mr. Reynolds, who recently said he plans to rebuild his fundraising team, raised nearly $260 million for the president's 2004 bid.


"Mercer's already lined up a lot of the top Bush fundraisers," Mr. Black said.


Republicans have traditionally far outraised Democrats in presidential campaigns, but the opposite has been true this cycle.


Souped-Up Contact Lenses Promise On-Demand Bionic Eyesight

Potential uses include virtual displays for pilots, video-game projections and telescopic vision for soldiers. A working prototype of a lens-embedded antenna that draws power for the device from radio frequencies has also been created. The next steps are to build a version that can display several pixels—and then to test it on a person. The UW team uses a technique called self-assembly to manufacture the eyewear. Researchers dust a specially designed contact lens with microscale components that automatically bond to predetermined receptor sites. The shape of each component dictates where it attaches.

“There's a lot of room to expand," Babak Parviz, an assistant professor of electrical engineering at UW, says of the technology. “You can let your imagination run wild." .


Scouts Honor Frank McNeill Sr.

He grew up in Bethesda (Presbyterian Church) and served in many positions as a young man and as a family man."

Burns listed the many roles that McNeill and his wife, Ann, have played in the church leadership.

He was active in the youth group and the Fayetteville Presbytery Youth. He was chairman of District 6, and vice president of the Presbytery Youth Council. Later, he served as Sunday School teacher, Sunday School superintendent, youth adviser, deacon, trustee, and an elder.

Burns said he will always remember McNeill standing on the front porch of the church, "sticking out his right hand of fellowship to welcome everyone coming to the church.

"I've used the word 'served' a lot, and not by accident," Burns said. "Because Frank has served many people and the community, I still seek him out for advice because he always approaches situations with an open mind and open heart.


Bungee Labs betas IDE to grid flowgasm

If you're just thinking about software-as-a-service, then you're a slack-jawed rube. You can have an entire platform-as-a-service with a little effort.

Bungee Labs this week opened up access to its PaaS, which the company calls Bungee Connect. Customers can turn to Bungee Connect for software development and then host their applications on Bungee's hardware. End-to-end software flowgasm? You betcha.

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Teekay LNG Partners Reports Fourth Quarter and Annual Results

Limited (3) (RasGas 3), a joint venture company between a subsidiary of ExxonMobil Corporation and Qatar Petroleum, at fixed rates, with inflation adjustments, for a period of 25 years, with options exercisable by RasGas 3 to extend up to a total of 35 years. Teekay's joint venture partner, Qatar Gas Transport Company, owns the remaining 60% interest in these vessels.

Skaugen LPG

The Partnership has agreed to acquire three LPG carriers from IM Skaugen ASA Group (Skaugen) that are currently under construction and will be purchased upon their delivery from the shipyard between mid-2008 and mid-2009. Upon their delivery, the vessels will commence service under 15-year fixed-rate charters to Skaugen.

Tangguh LNG

The Partnership has agreed to acquire Teekay's 70% interest in two 155,000 cubic meter newbuilding LNG carriers scheduled to deliver during late 2008 and early 2009.


Filed under: CollegeFootball

Although I won't be around, I'll at least try to make one of the games next year. I owe it to the Terps for four great years here. Maryland Football - 2008 Schedule Games to circle, apart from all of them? 8/30, vs FCS-runner-up Delaware. That's not as guaranteed as you think. 9/13, vs California - Maryland is 1 - 3 all time against the PAC-10, with no game being decided by more than seven points. 11/6 @ Virginia Tech - This game is never easy. At first glance, you'd think Maryland would start off with two wins, a loss, a win, two more losses, a split at home, a loss, a win, and two losses for a 5 - 7 record. But that's why they play the game, I guess. Maryland's baseball season, which I didn't post on at all last year, begins February 22 against Coastal Carolina. .


 
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