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Tuesday, December 4, 2012

Batangas Today: “$1 billion Apple scheme: NY trader charged in Connecticut Apple stock fraud scheme” plus 9 more

Batangas Today: “$1 billion Apple scheme: NY trader charged in Connecticut Apple stock fraud scheme” plus 9 more


$1 billion Apple scheme: NY trader charged in Connecticut Apple stock fraud scheme

Posted: 04 Dec 2012 03:21 PM PST

A $1 billion Apple scheme by a New York trader was found to be an unauthorized purchase, according to federal prosecutors on Tuesday, December 4, 2012. Apple is the Cupertino, California-based company that provides iPods, iPhones and iPads.

Apple Stocks
Apple Inc. stocks
Image Credit: Google Finance

Reports say that the $1 billion Apple scheme by David Miller, an institutional sales trader for Rochdale Securities LLC in Stamford, involves buying 1.6 million shares of Apple Inc. stocks last October, a day before the Cupertino company announced its financial results for its fiscal 2012 fourth quarter ended September 29, 2012. Miller hopes to personally earn from the Apple stocks he bought if price per share increases, but his scheme fell flat as the Apple stock value declined after the fiscal earnings announcement.

Instead of earning from the his Apple stock trade scheme, Miller‘s Connecticut-based employer reportedly lost $5 million after it traded out.

In defending himself, Miller said that he only ordered 1,625 shares instead of the millions previously stated.

Authorities however said that Miller falsely claimed his mistake of ordering millions of stocks as stated in a client’s order.

According to reports, Miller told Rochdale that he was just executing a customer order. Prosecutors say that this is a clear misrepresentation by the sales trader as the customer was at risk of loss if the trade proved unprofitable and that he knew that it was his company will shoulder the risk of loss.

Due to his unauthorized Apple scheme, Miller was charged with wire fraud.

The 40-year-old Miller, from Rockville Centre, New York, appeared before the US District Court in Bridgeport. He did not enter a plea on Tuesday and is now out on a $300,000 bond.

Reports say that Miller could end up serving up to 20 years in prison if found guilty as charged.

Forbes’ Most Overpaid Actor 2012 in Hollywood is Eddie Murphy (Top 10 List)

Posted: 04 Dec 2012 10:25 AM PST

The most overpaid actor in Hollywood for 2012 is Eddie Murphy, according to Forbes, which released its Top 10 Most Overpaid Actors list on Tuesday, December 4, 2012. Murphy, 51, also led the list of ForbesTop 10 Most Overpaid Actors list last year, tied with Drew Barrymore.

Eddie Murphy Tower Heist

Eddie Murphy in ‘Tower Heist’ movie
Image Credit: Universal Pictures

As noted by Forbes, the last three films of Eddie Murphy such as ‘Imagine That, A Thousand Words,’ ‘Meet Dave,’ and ‘Tower Heist,’ which was released in November 2011, were all considered as flop films. The three of them had an average of $2.30 at the box office for every $1 paid to him.

According to the report, ‘Tower Heist‘ was aimed to be a comeback movie for Murphy, who backed out from hosting the 2012 Oscars, but it only earned $153 million. Its estimated production budget was $75 million, plus a couple of millions more for the marketing of the film, wherein a film should earn at least twice to call it a profit.

On the other hand, Katherine Heigl, who is a first timer in this Forbes‘ list, landed on the second spot. Her last three movies were estimated to have made an average of $3.40 at the box office for every $1 paid to her, with Forbes noting that they now used the data from the last three films, instead of the usual last five films.

Meanwhile, Reese Witherspoon, whose last three movies were estimated to have made an average of $3.90 at the box office for every $1 paid to her, landed on the third spot on this year’s list. Her 2010 film ‘How Do You Know‘ reportedly made only $49 million at the box office, but had a $120 million production budget.

Sandra Bullock, who won the Oscar‘s Best Actress award in 2009 for the movie ‘The Blind Side,’ which is also a box-office hit, landed on the fourth spot. Apparently, Forbes noted that her 2009 movie ‘All About Steve‘ and 2011′s ‘Extremely Loud & Incredibly Close‘ did not earned much in the box-office.

Jack Black, whose recent films include ‘Bernie‘ and ‘The Big Year‘ reportedly had an average return of only $5.20 for every $1 he was paid, landed on the fifth spot. The rest of Top 10 Most Overpaid Actors for 2012 are Nicolas Cage, Adam Sandler, Denzel Washington, Ben Stiller, and Sarah Jessica Parker.

PAGASA Bagyong Pablo Weather Update: Typhoon Pablo continues to weaken, 10 areas still under Storm Signal 3

Posted: 04 Dec 2012 08:33 AM PST

Manila, Philippines – The Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) has released its latest weather forecast update, 11 p.m., Tuesday, December 4, 2012, noting that Typhoon Pablo (international name Bopha) continues to weaken as it moves toward Northern Palawan.

As noted by PAGASA on its official Facebook page and website, Bagyong Pablo is at 145 km Southwest of Iloilo City as of 10 p.m. (local time) this Tuesday, December 4, with maximum sustained winds of 140 kph near the center and gustiness of up to 170 kph. It is being forecast to move West Northwest at 24 kph.

According to the report, Typhoon Pablo is expected to be at 355 km West of Coron, Palawan by Wednesday evening and will be at 750 km West of Metro Manila by Thursday morning. Local reports noted that there were at least 80 casualties in Mindanao, including at least 43 bodies found in landslide in Compostela Valley.


PAGASA Bagyong Pablo satellite image Dec 4
PAGASA Bagyong Pablo satellite image (10 p.m., Tuesday, December 4, 2012)
Image Credit: Pagasa.dost.gov.ph

Meanwhile, ten areas in Luzon and Visayas are still under Storm Signal 3, eight areas in Luzon, Visayas, and Mindanao are under Storm Signal 2, and 18 areas remain under Storm Signal 2, as listed below. Public Storm Warning Signals in other areas is now lowered.

* Storm Signal # 3 (101 – 185 kph winds):

  • Northern Palawan
  • Calamian Group of Islands
  • Antique
  • Iloilo
  • Guimaras
  • Bohol
  • Siquijor
  • Southern Cebu
  • Negros Oriental
  • Negros Occidental

* Storm Signal # 2 (61 – 100 kph winds):

  • Rest of Palawan
  • Aklan
  • Capiz
  • Rest of Cebu
  • Lanao del Norte
  • Misamis Occidental
  • Zamboanga del Norte
  • Camiguin

* Storm Signal # 1 (30-60 kph winds) :

  • Occidental Mindoro
  • Lubang Island
  • Oriental Mindoro
  • Romblon
  • Leyte
  • Biliran
  • Southern Leyte
  • Camotes Island
  • Zamboanga del Sur
  • Zamboanga Sibugay
  • Surigao del Norte
  • Surigao del Sur
  • Dinagat
  • Agusan del Sur
  • Agusan del Norte
  • Bukidnon
  • Misamis Oriental
  • Lanao del Sur

Residents living in low lying and mountainous areas under public storm warnings are being alerted against possible flashfloods and landslides. Likewise, those living in coastal areas under public storm warning signal #3 and #2 are being warned against huge waves or storm surges generated by Typhoon Pablo.

PAGASA is also advising fishing boats and other small seacrafts not to venture out into the Seaboards of Southern Luzon, Visayas, and Mindanao. The public and the disaster coordinating councils concerned are being advised to take appropriate actions and watch for the next weather bulletin to be issued at 5 a.m. Wednesday, December 4.

New Nike Air Jordan XX8 shoes launched, to go on sale on February 2013 for $250 (Photo and Video)

Posted: 04 Dec 2012 06:46 AM PST

Jordan Brand, a division of Nike, Inc., unveiled on Monday, December 3, 2012 its new Nike Air Jordan XX8 shoes, as shown in the photo and video below, which will go on sale on February 2013 for a suggested retail price (SRP) of $250, and will be the 28th shoe in the Air Jordan franchise.

Nike Air Jordan XX8 shoes

Nike Air Jordan XX8 shoes
Image Credit: Sole Collector Instagram/Nike

According to a press release by Nike Inc. on its official website that day, the Air Jordan XX8 will be available on Friday, February 15, 2013 in Houston only, and then across the US on Saturday, February 16. This latest Nike shoes are being noted to be the most tested and lightest Air Jordan shoes ever.

As noted in the announcement, the Air Jordan XX8 is a Dynamic Fit technology that uses internal straps to wrap up from the middle of the sole and combine with the shoe laces for lightweight support that moves with the foot, which will provide additional lockdown comfort and support.

“The Air Jordan XX8 is a reflection of Jordan Brand‘s progression in the name of basketball performance. This newest iteration of our franchise shoe will further solidify Jordan Brand‘s premium and innovative position within the industry.” Larry Miller, President of Jordan Brand, was quoted in the report.

Meanwhile, a writer of Sole Collector, a leading sneaker magazine, was present during its launch in New York on Monday, where movie director Spike Lee, along with Air Jordan XX8 designers Tinker Hatfield and Josh Heard, discussed the new Air Jordan shoes in front of the crowd.

“I don’t think of these as basketball shoes. I think of them as objects of art and design that happen to be used for basketball.” – TinkerSole Collector (@SoleCollector) tweeted, adding that the Oklahoma City Thunder‘s Russell Westbrook will debut the Air Jordan XX8 in a game vs the Brooklyn Nets this Tuesday.

Related Post: New Nike Jeremy Lin shoes Zoom Hyperfuse Low iD launched (Photo)


Nike shoes designers Tinker Hatfield and Josh Heard talk about Air Jordan XX8
Video Credit: jumpman23/YouTube

Largest Aquarium Opens: S.E.A. Aquarium Opens At Resorts World Sentosa In Singapore

Posted: 04 Dec 2012 04:49 AM PST

The world’s largest aquarium recently opened in Singapore, international news sites reported on Monday, December 3, 2012.

The world’s largest aquarium, known as the S.E.A. Aquarium, is one of the new attractions of the Marine Life Park at Singapore‘s Resorts World Sentosa. It opened on November 22, 2012, CNN Travel reported.


S.E.A. Aquarium
The largest viewing panel at the Open Gallery inside the S.E.A. Aquarium, world’s largest aquarium
Credit: CNN Travel / Resorts World Sentosa

According to reports, the world’s largest aquarium contains more than 100,000 marine animals from over 800 species in 45 million liters of water. It contains 10 different zones with 49 habitats and visitors are given an underwater voyage starting from Southeast Asia continuing through the Arabian Gulf and the open sea.

S.E.A. Aquarium offers not only a stunning display of habitats, but also education and conservation programs in which families and guests can participate. Younger guests will be thrilled to know that we have specially-designed exhibits such as the Discovery Touch Pool, the Lens Aquarium and Floor Aquarium, to provide them up-close encounters with our marine residents,” S.E.A. Aquarium Senior Curator Grant Willis was quoted as saying by ABC News.

Daily admissions to S.E.A. Aquarium are priced at S$29 (US$24) for adults and S$20 (US$16) for children and senior citizens, reports said.

Disney Loses $319 Million Appeal For A New Trial Against Celador International, Inc.

Posted: 04 Dec 2012 03:54 AM PST

The Walt Disney Company lost its appeal for a new trial against the creators of the game show “Who Want To Be A Millionaire?” who won a $319 million award in 2010, international news sites reported on Monday, December 3, 2012.

Walt Disney Company

Image Credit: DisneyDreaming.com

According to reports, Celador International, Inc. received in 2010 a judgement of just over $269 million, and another $50 million added later after Judge Virginia Phillips awarded prejudgment interest to them.

Reports said that the 9th Circuit Court of Appeal, a three-judge appeals court panel, upheld the decision made by Phillips denying Disney a new trial in the case.

“What the court of appeal did today validates what a careful and thoughtful trial judge and a quite attentive jury did two years ago,” Celador lead litigator Roman Silberfeld reportedly told The Hollywood Reporter. “We’re pleased for the client.”

"We are extremely disappointed with the decision, as ABC and Buena Vista Television continue to believe that they fully adhered to the Millionaire agreement,” a Disney rep was quoted as saying.

Disney lost a bid to overturn the jury’s verdict in December 2010, appealed for a new trial, and lost again as reported.

Philippines typhoon: Latest PAGASA Update, Weather Forecast on Typhoon Pablo

Posted: 04 Dec 2012 02:09 AM PST

Update: December 5, 2012 12:30 a.m. Read PAGASA Bagyong Pablo Weather Update: Typhoon Pablo continues to weaken, 10 areas still under Storm Signal 3

Philippines Typhoon Pablo Track

Philippines Typhoon Pablo Track
Image Credit: PAGASA

Philippines’ Typhoon Pablo, with international codename Bopha, has slightly accelerated according to the latest update by the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) at 5 p.m., Tuesday, December 4, 2012 (Philippines local time).

The latest severe weather bulletin by PAGASA indicates that Typhoon Pablo has quicken at it moves towards the Philippines provinces of Siquijor and Negros Oriental.

PAGASA said that super Storm Pablo was spotted at 60 km Southeast of Dumaguete City with coordinates of 9.0°N, 123.7°E.

Typhoon Pablo is reportedly moving “west northwest at 24 kph with maximum sustained winds of 160 kph near the center and gustiness of up to 195 kph.”

PAGASA forecast says that they expect Typhoon Pablo at “140 km Southwest of Coron, Palawan by Wednesday afternoon, 450 km West of Subic, Zambales by Thursday afternoon and 660 km Northwest of Iba, Zambales by Friday afternoon.”

Philippines Typhoon Pablo Satellite image
MTSAT ENHANCED-IR Satellite Image of Typhoon Pablo as of 4:30 p.m., 04 December 2012
Image Credit: PAGASA

Below are the areas having public storm warning signal as provided by PAGASA.
Signal #3:
Lanao Del Norte, Misamis Occidental, Zamboanga del Norte, Bohol, Siquijor, Southern Cebu, Negros Oriental, Southern Negros Occidental, Iloilo, Guimaras, Antique, Northern Palawan, Calamian Grp of Is.

Signal #2:
Aklan, Capiz, rest of Palawan, rest of Cebu inc. Camotes Is., rest of Negros Occidental, Misamis Oriental, Agusan del Norte, Bukidnon, Lanao del Sur, Zamboanga del Sur including Sibugay

Signal #1:
Occidental Mindoro, Oriental Mindoro, Romblon, Leyte inc. Biliran & Southern Leyte, Surigao Del Norte inc. Siargao, Surigao del Sur, Dinagat, Agusan del Sur, Davao del Norte, Compostela Valley, North Cotabato, Maguindanao

Three-handed magician begs for money, pranks donors (Video)

Posted: 04 Dec 2012 01:33 AM PST

Rich Ferguson, the so-called three-handed magician, begs for money in the street and pranks the donors, as shown in the video below. Ferguson has previously performed some tricks and practical jokes in the street, including his head-drop illusion last Halloween, also shown in the video below.

three handed magician Rich Ferguson

three-handed magician Rich Ferguson, performing
his trick

Image Credit: YouTube screen grab

On his YouTube video uploaded last Sunday, December 2, 2012, Ferguson posed as a panhandler asking passersby for donations, while holding a huge cardboard with “Can you lend a hand?” printed on it. He can be seen like holding the card with his two hands, but his real right hand is hidden behind it.

As people stop to give him money, Ferguson surprises them by revealing his “magical” hand through the sign and grabs their arms. Apparently, different ‘victims’ showed different reactions. Some were shocked and confused, while most of them screamed to the top of their voices but later laughed.

The three-handed magician have fooled a couple of passersby via his prank hand, but the most notable victim can be seen on the last part of the video, where a young man was so scared and immediately run away. He was even almost hit by a slow-moving car, as he crossed the street with fear.

On the same day, Ferguson also uploaded another YouTube video, where he posed a snowman in front of a shopping store with a “Happy Holiday” greeting sign. As customers pass by to enter the store, he drops the sign. They pick it up and put it back to the snowman’s hand, and that is the time they are being surprised.


Rich Ferguson, the three-handed magician
Video Credit: ucmagic/YouTube


Rich Ferguson, magician, sneezes his head off
Video Credit: ucmagic/YouTube


Rich Ferguson, as a prank snowman
Video Credit: ucmagic/YouTube

Homeless man barefoot again, after NYPD hero cop Lawrence DePrimo gave him new pair of boots

Posted: 03 Dec 2012 11:06 PM PST

The Times Square homeless man is barefoot again, and was recently spotted in the same area, where NYPD cop Lawrence DePrimo gave him new pair of boots last November 14. DePrimo‘s act of kindness went viral after a tourist named Jennifer Foster took a photo, which was later posted at NYPD‘s Facebook page.

Homeless man barefoot Times Square

Jeffrey Hillman, the homeless man in Times
Square, who was given a new pair of boots by
NYPD hero cop Lawrence DePrimo

Image Credit: Robert Caplin/The New York Times

According to the New York Times on Sunday, December 2, 2012, the homeless man was identified as Jeffrey Hillman, who was spotted that night barefoot again, and is not wearing the $75-boots given to him by DePrimo. Hillman, 54, was interviewed by the paper and shared his story, and explained his side as well.

“Those shoes are hidden. They are worth a lot of money. I could lose my life.” Hillman was quoted telling to New York Times, adding that he did not recall anyone taking a photo of him but remembers well the NYPD officer giving him a new pair of boots. He said he was originally from South Plainfield, New Jersey.

“I was put on YouTube, I was put on everything without permission. What do I get? This went around the world, and I want a piece of the pie.” Hillman added, who said that he came to New York about ten years ago and had been on the streets most of that time, but did not explain why he ended up homeless.

“I appreciate what the officer did, don’t get me wrong. I wish there were more people like him in the world. I want to thank everyone that got onto this thing. I want to thank them from the bottom of my heart. It meant a lot to me. And to the officer, first and foremost.” Hillman said further.

Hillman also said that he has two children, Nikita, 22, and Jeffrey, 24, but they only had contact with them a few times since last year. He said he joined the US Army in 1978 and served as a “food service specialist” in the US and Germany and was honorably discharged after five years.

Related Post: NYPD hero cop Larry DePrimo speaks on buying new boots for homeless man, appears in Today Show (Video)

Palace Ruins Found: Qin Dynasty Palace Ruins Discovered In China (Photo)

Posted: 03 Dec 2012 09:07 PM PST

Palace ruins found

Palace ruins found
Image Credit: Press TV

A palace ruins found by archaeologist from the Shaanxi provincial institute of archaeology is reportedly part of an underground, “large palace complex in the tomb of China‘s first feudal emperor in Xi’an, capital of the Shaanxi province,” according to a report by the China Daily on Sunday, December 2, 2012.

The ancient palace ruins found by the Chinese was estimated to be about 690 meters long and 250 meters wide. The Xinhua news agency said that massive palace include a main building surrounded by 10 courtyard-structured houses.

With an estimated area of 170,000 square meters, the size of the massive complex is comparatively one fourth of the Forbidden City in Beijing. The Guardian reported that the ruins found could be the largest complex ever found at the 56-square-km mausoleum.

Report by the China Daily explained that based on historical data, “Emperor Qin Shihuang planned the construction of his cemetery soon after he was enthroned, and the large cemetery and mausoleum showed that he wanted to continue his imperial life after his death.”

At 13-years-old, Ying Zheng reportedly became emperor of Qin and “took over the affairs of the state at age 22. By 211 BC, he annexed six rival principalities and established the first feudal empire in Chinese history.”

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