Sirius XM: Expect Another Rally

The main catalyst driving the growth at Sirius is the automobile industry. Almost 70% of the new cars being built today have satellite radios installed. And Sirius expects this number to go even higher in the future. Last year was the best year for new car sales since 2007..... Seeking Alpha

China not yet buying the world

Professor Peter Nolan
As the Financial Times put it: ‘Nolan knows more about Chinese companies and their international competition than anyone else on earth, including in China’. Excerpts from his recent interview to The Hindu:

Have Chinese and Indian firms reached the point where they can truly project themselves onto the global stage?

In a short answer, no, at least mostly no. The most remarkable thing, of the last ten years, is the fact that Nokia has not been killed by a Chinese or Indian company. It’s been brought down by two American firms — Apple and Google. Now just think about that for a second. Once you become a world leader like Nokia, it isn’t that easy to be brought down.

Ten years ago, everybody was talking about how even though low-income countries like India might not be able to catch up in terms of manufacturing, they would win the race in terms of high-tech and other forms of consumer electronics and technology. That hasn’t happened now and I don’t think it is likely to happen. There is something about the ecology of high-income countries such as the U.S. that allow them to dominate in this space.

Anglo American continues the process to integrate De Beers into its Group structure

Optima Volume 58 number two

December 2012

As Anglo American continues the process to integrate De Beers into its Group structure, Philippe Mellier, chief executive of the world’s leading diamond company, talks to Claire Adler about the company’s heritage and its future at a transformational time.
India’s rapid growth earlier in this century has now slowed considerably, and major changes are needed to ensure the slowdown does not become permanent. Vijay Joshi, former economic advisor to the Indian government, is seeking a new wave of reforms to set the country in the right direction.
Working in hostile environments and with an industry-average discovery rate of one find for every thousand drill targets, exploring for resources can be a frustrating mission. But persistence and creative thinking are giving Anglo American an edge.
Municipalities are not always prepared for a large mining project’s impact on their social and physical infrastructure. In South Africa and Brazil, Anglo American is partnering with governments and NGOs to ensure councils and communities embrace and are ready for such change.

Now you can be a FashionTV Top Model!

Posted by +FashionTV
Now you can be a FashionTV Top Model! Just click http://fashiontv.com/coverart, choose a design, and add your photos!

Narula’s No. 1 Hedge Fund

Narula’s No. 1 Hedge Fund Gains 38% Betting on Mortgages - Kambiz Foroohar & Kelly Bit, Bloomberg Markets Magazine

Why Central Banks Still Hold All the Cards in 2013 - Reuters

2012 Investing Model Review: All Hail Our Algorithmic Overlords? - Seeking Alpha

Owens-Illinois, Inc. (NYSE: OI) applauds : Legislation on energy efficiency and recycling in manufacturing signed into law

Owens-Illinois, Inc. (NYSE: OI) applauds Congress for passing H.R. 6582, the “American Energy Manufacturing Technical Corrections Act.” The legislation directs U.S. Department of Energy, in coordination with the industrial sector and other stakeholders, to conduct a study on legal, regulatory and economic barriers to deployment of industrial energy efficiency efforts. The study will estimate energy savings from the use of recycled material in manufacturing processes.

The O-I Difference at a Glance

$7.4 billion in net sales in 2011
81 plants in 21 countries
Joint ventures in China, Italy, Malaysia, the United States and Vietnam
24,000-plus employees worldwide
1,900-plus worldwide patents
49,000-plus customers in 86 countries
10,000-plus product offerings
600-plus new product solutions launched each year
More post-consumer glass - 4.5 million tonnes - used than any other glass-container maker

http://www.o-i.com/Sustainability/

Edvard Munch’s iconic The Scream at The Museum of Modern Art for a period of six months

Edvard Munch’s iconic The Scream (1895), among the most celebrated and recognized images in art history, will be on view at The Museum of Modern Art for a period of six months. Of the four versions of The Scream made by Munch between 1893 and 1910, this pastel-on-board from 1895 is the only one remaining in private hands; the three other versions are in the collections of museums in Norway. The Scream is being lent by a private collector.

"The startling power of Munch's original work endures almost despite the image's present-day ubiquity," notes Ann Temkin, The Marie-Josée and Henry Kravis Chief Curator of Painting and Sculpture, who is organizing the installation. "The visual subtlety and complexity of this composition can't be summed up in a cliché."

A haunting rendition of a hairless figure on a bridge under a yellow-orange sky, The Scream has captured the popular imagination since the time of its making. The image was originally conceived by Munch as part of his epic Frieze of Life series, which explored the progression of modern life by focusing on the themes of love, angst, and death. Especially concerned with the expressive representation of emotions and personal relationships, Munch was associated with the international development of Symbolism during the 1890s and recognized as a precursor of 20th-century Expressionism.

The Scream will be installed in the Museum’s Painting and Sculpture Galleries, along with a selection of prints by Munch drawn from the Museum's extensive collection of his work.

Matisse exhibition in Metropolitan Museum

December 2012 - March 2013

Henri Matisse (1869–1954) was one of the most acclaimed artists working in France during the first half of the twentieth century. The critic Clement Greenberg, writing in The Nation in 1949, called him a "self-assured master who can no more help painting well than breathing." Unbeknownst to many, painting had rarely come easily to Matisse. Throughout his career, he questioned, repainted, and reevaluated his work. He used his completed canvases as tools, repeating compositions in order to compare effects, gauge his progress, and, as he put it, "push further and deeper into true painting." While this manner of working with pairs, trios, and series is certainly not unique to Matisse, his need to progress methodically from one painting to the next is striking. Matisse: In Search of True Painting presents this particular aspect of Matisse's painting process by showcasing forty-nine vibrantly colored canvases. For Matisse, the process of creation was not simply a means to an end but a dimension of his art that was as important as the finished canvas.

Rebecca Rabinow

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The O-I Difference at a Glance