| Carrier Access Announces Preliminary Results for First Quarter 2007
BOULDER, CO -- (MARKET WIRE) -- 04/05/07 -- Carrier Access Corporation (NASDAQ: CACS) today announced preliminary revenue and earnings estimates for the first quarter ending March 31, 2007. Based upon preliminary, unaudited results, revenue for the quarter is expected to range from $8.3 million to $8.7 million. Basic and diluted GAAP loss per share for the quarter is expected to range from $(0.32) to $(0.27). Basic and diluted non-GAAP loss per share for the quarter is expected to range from $(0.29) to $(0.24). Expected non-GAAP loss per share for the first quarter excludes the effect of stock-based compensation expense resulting from the application of Statement of Financial Accounting Standards No. 123(R), Share-Based Payment ("SFAS 123R") and amortization of purchased intangibles, including any income tax effects.
Germany Rising
BERLIN -- Over the last few years, Germany has been described more than once as "the sick man of Europe." This notion was always highly exaggerated, and Germany was never as "sick" as people claimed. Be that as it may, Germany is now once again meeting its economic responsibilities, not only as Europe's growth engine but also as a driving force for the global economy. The German economy is currently growing at a rate faster than that of our longstanding economic role model, the U.S. There are almost 800,000 fewer people unemployed than there were a year ago, and more ... .
No reciprocal visa policy?
Why is our government not applying the principle of reciprocity, as far as the question of granting of visas is concerned? We need to have pride and say: "What is good for the goose is good for the gander." Nation-states employ visa restrictions to manage the complex trade-off between facilitating the entrance to their territory by passport holders from certain countries, for economic and political reasons and deterring individuals from other countries, for reasons of perceived security and immigration control. The resulting system is one of highly unequal access to foreign spaces, reinforcing existing inequalities. Transnational mobility is encouraged for passport holders from privileged nations, particularly rich Western countries, at the expense of severe restrictions for others.
World Bank Asks South Asian Leaders To Adopt Bold Reforms
“The World Bank on Tuesday asked South Asian leaders to adopt bold reforms in a bid to increase trade and investment, relieve energy shortages and foster peace in the largely poverty-stricken subcontinent. The Bank said India should set the pace for regional integration by pushing for a dialogue mechanism to resolve political disputes and launching programs to remove infrastructure bottlenecks and trade barriers. India is the chair of the South Asian Association for Regional Cooperation (SAARC) summit in New Delhi, which was attended by leaders from across the region. ‘This meeting taking place in New Delhi is quite unique and in many ways presents opportunities that previous summits have not - one is the fact that India is chairing,' said Praful Patel, the Washington-based World Bank Vice President for the South Asia region.
BUSINESS CLIMATE IN BULGARIA REMAINS FAVOURABLE IN MARCH 2007
Economic climate in Bulgaria for March 2007 remained favourable as compared to data for February, National Statistical Institute (NSI) said. The total business climate indicator kept its February level when it reached its long-term maximum since 1994 of 50.7 per cent. The composite business climate indicator in the industry for March kept its February level as it is only 2.3 per cent lower that the long-term maximum of 50.3 per cent registered in September 2006, Focus news agency reported. Managers are optimistic about the current state of industrial companies as their expectations for the next six months are the level to remain 57.4 per cent or to improve, NSI said. Business climate in retail trade for March exceeds the long-term figures although it experienced a one per cent decrease compared to February levels.
Legacy of a 'lucky coward'
The price of a two-litre bottle of milk went up in Harare last week. From 10,000 Zimbabwe dollars to 17,000. Exchange one US dollar at the official rate today and you will receive 250 of the Zimbabwean variety. Ask the guy around the corner and he'll offer you 11,000. This is Robert Mugabe's legacy to his people. .
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