Shaw Capital Management Online : Heads Up !

Welcome to SCM Online, your sleek and no-frills alternative to the oh-so-cluttered news blogs that currently tops the search results. As a debut post, let me give you a rundown on how this whole thing works.

SCM Online conveniently groups incoming news into three categories that proves to be the most significant ones for the online community in general:

Technology. Keep tabs on the heating competition between search engine giant Google and social networking star Facebook. (Occasionally, we feature certain websites or software products and do some pros-and-cons analysis. Otherwise, anything new and newsworthy concerning consumer gadgets and the collective web.)

Lifestyle. Useful health and diet tips for those conscious with their well-being, with lots of other cool and practical stuff for everyday life thrown in for good measure.

Finance. Daily reports on the state of the market, notable fluctuations on stock prices, commodity updates, scam MOs, and several business and political factors that comes in to play.

We do host a whole lot of other stuff outside of those categories but only if they are totally interesting, amusing or informational (we don’t want to overwhelm you with useless news!).

Above all, we welcome active participation from our visitors (yeah, you!), so if you find something interesting, erroneous, terrible or inspiring, feel free to leave your two cents.

Stay tuned!

Shaw Capital Management Headlines : Justin Bieber film that no one came to see!

Justin Bieber film that no one came to see!

Bieber fanatics, brace yourselves…

I’m sure you thought his fame would at least last him another ten years but apparently, you’re wrong. Justin Bieber, the worldwide phenomenon, failed to get even one person to watch the showing of his film!

And before I hear rabid fangirls issuing death threats let me get this straight: you read that right and this is no April Fool’s joke. No one really showed up during a screening of the teen heartthrob’s movie, Never Say Never in Manawatu, New Zealand. What’s more, sales of pre-booked tickets are also below sea level.

This is like the complete opposite of what happens to practically the rest of the world whenever he goes on concerts – where reports of injuries from screaming fangirls are not surprising.

I know you may find this hard to believe, outrageous even, (like I just told you the Pope’s a Baptist or something). Nobody would expect this kind of setback from someone who’s known for viral songs and music videos (that garners millions of hits in less than a day), as well as transforming girls into idiotic swooners.

Millions of his fans might not get affected by this small occurrence but they must be warn that in probably less than a year, they might find themselves worshipping a flop icon. After all, they always start in small scales, right?

But the optimistic manager of the infamous theater, Kaye Hendricks found some explanation from the fact that kids (the film’s primary audience) simply cannot get out of school to watch the movie.

Or maybe the teen idol is just starting to lose his touch this early (on second thought, not that he had any).

Shaw Capital Management Scam Info: Shaw Capital Awarded Contract for Proprietary Technology

Get the latest news and learn about how Shaw capital and its management help clients go green, avoid scam, fraud and designed to help customers achieve regulatory compliance, reduce environmental impact and create long-term benefits.

BATON ROUGE, La., Dec 08, 2010 –The Shaw Group Inc. (NYSE: SHAW) today announced it has been selected by GAIL (India) Limited (GAIL) to provide its proprietary technology and basic engineering for a new 450,000 tons per annum ethylene plant. Shaw also will provide support during detailed engineering, procurement and construction, and commissioning and startup of the plant, which will be part of GAIL’s petrochemical complex in Pata, Uttar Pradesh, India.

Get the latest news and learn about how Shaw capital and its management help clients go green, avoid scam, fraud and designed to help customers achieve regulatory compliance, reduce environmental impact and create long-term benefits.

“Shaw provided technology and basic engineering for GAIL’s first 400,000 tons per annum ethylene plant at Pata in the late 1990s. The performance of that plant, coupled with our ability to integrate it with the new parallel plant, will result in capital and energy savings for our customer,” said Lou Pucher, president of Shaw’s Energy & Chemicals Group.

The undisclosed value of the contract was included in Shaw’s Energy & Chemicals segment’s backlog of unfilled orders in the first quarter of fiscal year 2011.

Shaw has designed and/or built more than 120 grassroots ethylene plants worldwide. Five of those plants are in India, where Shaw also has participated in numerous projects to revamp or expand existing facilities. Shaw recently announced full commercial operation of a 1.3 million metric ton per year ethylene plant for Eastern Petrochemical Company (SHARQ) in Al-Jubail, Saudi Arabia.

The Shaw Group Inc. (NYSE:SHAW) is a leading global provider of engineering, construction, technology, fabrication, remediation and support services for clients in the energy, chemicals, environmental, infrastructure and emergency response industries. A Fortune 500 company with fiscal year 2010 annual revenues of $7 billion, Shaw has approximately 27,000 employees around the world and is the power sector industry leader according to Engineering News-Record’s list of Top 500 Design Firms. For more information, please visit Shaw’s website

This press release contains forward-looking statements and information about our current and future prospects, operations and financial results, which are based on currently available information.Actual future results and financial performance could vary significantly from those anticipated in such statements.

Among the factors that could cause future events or transactions to differ from those we expect are those risks discussed in our Annual Report on Form 10-K for the fiscal year ended August 31, 2010, our Quarterly Reports on Form 10-Q for the quarters ended November 30, 2009, February 28, 2010, and May 31, 2010, and other reports filed with the Securities and Exchange Commission (SEC).Please read our “Risk Factors” and other cautionary statements contained in these filings.Our current expectations may not be realized as a result of, among other things:

* Changes in our clients’ financial conditions, including their capital spending;
* Our ability to obtain new contracts and meet our performance obligations;
* Client contract cancellations or modifications to contract scope;
* Worsening global economic conditions;
* Changes to the regulatory environment;
* Failure to achieve projected backlog.

As a result of these risks and others, actual results could vary significantly from those anticipated in this presentation, and our financial condition and results of operations could be materially adversely affected. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, the occurrence of certain events, or otherwise.

Shaw Capital Management Headlines: Financial Markets Focusing Greece and Spain –

1888PressRelease) February 06, 2011 – The situation in Greece and in Spain has obviously caused great concern in London. But the Bank is also aware of the risks as a time when the economy is still in a very fragile state, and of the need to compensate for the fiscal retrenchment by maintaining a supportive monetary policy, and low short-term interest rates. There are therefore reasons for concern about the prospects for sterling. If the latest measures do succeed in reducing the fiscal deficit to manageable levels without aborting the economic recovery, and if the problems affecting the euro continue, or become even more serious, then sterling may well maintain current levels or even appreciate further.

Shaw Capital Management, Korea – Investment Innovation & Excellence. We provide the information, insight and expertise that you need to make the right investment choices. Shaw Capital Management Korea typically offers its clients such services as asset allocation and portfolio design; traditional and non-traditional manager review and selection; portfolio implementation; portfolio monitoring and consolidated performance reporting; and other wealth management services, including estate, tax, trust and insurance planning, asset custody, closely held business issues associated with the establishment or expansion of a family office, the formation of family investment partnerships or LLCs, philanthropy, family dynamics and inter-generation issues, etc.

But the situation is very uncertain, and the odds do seem to favour a further period of weakness until the effects of the latest government measures can be more accurately assessed.

The yen has weakened slightly over the past month as the improvement in market sentiment has increased
the “risk appetite” of investors for the equity markets, and for commodity-related currencies.

The economic background in Japan has continued to improve, helped by the export performance; but there are still doubts about whether this improvement can be sustained, and these doubts have been increased by the latest announcement by the new prime minister that the main priority of his government will be a reduction in the huge fiscal deficit, rather than the promotion of fresh measures to accelerate the growth rate.

There is also a further uncertainty created by the decision by the Chinese authorities to adopt a “more flexible” policy on the renminbi that presumably means that it will be allowed to appreciate slightly faster. It is not clear what the consequences of this move will be; but overall it seems likely that conditions elsewhere, especially those affecting the euro, and some disappointment with “risky” investments in global markets, will continue to provide some stability to the Japanese currency.

Shaw Capital Management Headlines: Shaw Capital Management August Newsletter: Financial Markets

Seoul, South Korea — (SBWIRE) — 02/08/2011 — The big fall in the euro in recent months is clearly having a significant impact on the performance of the
euro-zone economy.

Shaw Capital Management, Korea – Investment Innovation & Excellence. We provide the information, insight and expertise that you need to make the right investment choices. Shaw Capital Management Korea typically offers its clients such services as asset allocation and portfolio design; traditional and non-traditional manager review and selection; portfolio implementation; portfolio monitoring and consolidated performance reporting; and other wealth management services, including estate, tax, trust and insurance planning, asset custody, closely held business issues associated with the establishment or expansion of a family office, the formation of family investment partnerships or LLCs, philanthropy, family dynamics and inter-generation issues, etc.

Factory output expanded at a record pace in April, helped by investment spending associated with the export effort, and overseas demand for European capital equipment, and the trend appears to be continuing. The major beneficiary has been Germany, but other northern member countries are also involved.

However the situation is much less encouraging in Greece, Spain, and Portugal, because they are less competitive in export markets, and are being forced to introduce austerity measures to reduce their fiscal deficits.

Domestic demand across the entire euro-zone remains weak, and so, despite the export performance of some member countries, it seems unlikely that the overall growth rate for the zone this year will reach 2%. The European Central Bank remains reasonably optimistic about prospects; but fortunately it has not moved towards an “exit strategy” that might involve reversing the measures that were introduced to counter the recession.

Short-term interest rates have been left unchanged and close to zero, the programme to provide unlimited three-month loans to the banking system is continuing, and the bank is also still intervening in the markets to buy the bonds of weaker member countries that had been sold heavily because of fears about debt defaults. The bank is therefore continuing to provide support for the system; but it is not really doing enough to offset the concerns about the debt crisis.

Greece remains in the eye of the storm; but there have been increasing concerns about the situation in Spain; and the situation has been made worse by the latest warning from the Fitch Ratings agency that it may take further massive asset purchases by the European Central Bank to prevent the sovereign debt crisis in the area escalating out of control.

Shaw Capital Management August 2010: Financial Markets Focusing Europe – There are fears that Spain will need to follow Greece in requesting help from other member countries and the IMF to enable it to avoid a default, and that Portugal, and perhaps even Italy, may also need to be rescued.

The pressures on the euro will therefore be intense; and whilst there may well be further support from the Swiss National Bank and others, the future of the single currency system clearly remains very uncertain. The latest modest rally in the euro must therefore be treated with great care.

Sterling has recovered from the weakness that developed in May, and is ending the month higher. The economic background in the UK has not provided any real support, and the Bank of England is clearly intending to maintain short-term interest rates at very low levels; but there has been some movement of funds out of the euro into sterling, and the new coalition government in the UK has introduced measures to reduce the massive fiscal deficit that have been well received in the markets and led to an improvement in sentiment.

There is clearly a risk that these latest measures in the Budget will depress the level of activity still further, and fail to solve the fiscal problems; but for the moment it seems that the new government is being given the benefit of the doubt.

The evidence on the performance of the economy ahead of the Budget announcement was still pointing to a very slow recovery in activity.

The manufacturing sector is reasonably buoyant, with exports expanding rapidly; and retail sales also increased more quickly than expected.

But unemployment rose again to 2.47 million, and the latest survey from the CBI indicated that the value and volume of business in the services sector fell, and that further weakness was expected in the second half of the year.

However the situation has obviously been changed significantly by the latest Budget measures, and the latest estimates from the newly-formed Office for Budget Responsibility are that growth will now only be 1.2% this year, rising to 2.3% next year, and improving slightly in succeeding years.

The Bank of England has welcomed the decision by the new government to introduce measures to address the problems created by the huge fiscal deficit. The governor, Mervyn King, argued recently that they would “eliminate some of the downside risks…and are desirable to remove the risk of an adverse market reaction.”

Shaw Capital Management Headlines: Financial Stability Board’s strong outreach in Global Financial

Korea will be the first emerging economy to host the Financial Stability Board meeting on the 20th of October, 2010. In its third plenary meeting in Basel, Switzerland, the board decided to have the fourth event in Seoul before the G20 summit. Since Korea is also the chair country of upcoming G20 forum, a Financial Services Commission official said that Korea will be able to take the lead in reforming the financial framework.
The Financial Stability Board (FSB) was established in April 2009 as the successor to the Financial Stability Forum (FSF). The FSF was founded in 1999 by the G7 Finance Ministers and Central Bank Governors to promote stability in the international financial system. Yet, among the leaders of G20 countries, there had been a broad consensus on stronger institutional ground with an expanded membership. And this movement resulted in the creation of FSB, an extended form of FSF. In an attempt to strengthen its effectiveness, financial authorities from the G20 nations, international financial institutions and several global standard setting bodies joined the FSB as the new members. The FSB performs the initiative role to develop and implement strong regulatory, supervisory and other policies in pursuit of financial stability.
As a member of FSB, Korea, especially the Bank of Korea and Financial Services Commission came to have an even more crucial role. FSC is involved in FSB Steering Committee which provides operational guidance and sets the agenda in general. So FSC has been trying to boost regular meetings among the FSB leaders and to continue active discussions. One of them was the financial reform conference called “Envisioning a New Financial System: An Emerging Market Perspective” which Dong-Soo Chin, the chairman of FSC held on Sep.2 in Seoul. The conference called attention to the increasing impact of emerging markets to the world economy, paving the way for more balanced participation of emerging countries in the global finance sector.
(Sep.2th Korea-FSB Financial Reform Conference, taken from Herald Media)
In fact, a decade ago, Korea felt the tremendous pain due to 1997 Asian Financial Crisis. In the wake of 1997 crisis, Korea had no choice but to strongly restructure corporate and financial field, dealing with long-neglected structural problems hidden behind rapid growth. Passing a time of economic revitalization and renewal, Korea learned valuable lessons and now, it is positioned as one of the competitive global economies. This unique experience enables Korea to serve as a potential broker that can bridge the gap between the emerging and the advanced markets.
Sharing Korea’s pre-experience and know-how, particularly on financial regulation reform, perspectives of emerging economies can be brought into the global reform process. Many experts admit that Asia will be the engine of future global economic growth. In order to make the emerging markets less vulnerable to external shocks, global financial safety net is strongly required and in this sense, international standards will help them free from poor financial infrastructure.
Currently, a lot of critical financial agenda are on the FSB table. For instance, to enhance transparency among market participants, prudent oversight of capital, liquidity, leverage and risk management is necessary. Along with Basel III, which delineates the rate of bank capital buffer, Bank Levy is considered a possible measure to increase banks’ crisis management capability, although the feasibility of the proposal still remains to be seen. Furthermore, efforts to reduce systemic risk generated by interconnectedness among financial institutions worldwide led to global coordination to devise measures that cover broader range of financial markets and instruments. Systemically important financial institutions will be strictly monitored and the size of “shadow banking” such as hedge funds and off-balance sheet entities will be shrunk. New international controlling standards on hedge funds will emerge and Central Counter Parties will be installed for over-the-counter (OTC) derivatives. In addition, more standardized forms of OTC products will be used and regulation on credit rating agencies will be intensified.

Shaw Capital Management Headlines:look back at the Senators’ gory days | World Headlines

Expansion team was a bunch of misfits nobody wanted

In many ways, the Ottawa Senators are starting over.

As Monday’s NHL trade deadline looms, they’re in the midst of massive changes in player personnel, with a move toward a younger team, built around high draft choices this summer and beyond. It marks the end of an era born in the late 1990s when Ottawa felt it had a legitimate chance to contend for the Stanley Cup, year after year.

How will fans in the nation’s capital respond? The hockey club’s surveys show support for a new approach, on and off the ice. But will they ever be as grateful just to have the NHL in town as fans were the first time around?

Not likely. Twelve playoff appearances since 1997 and a trip to the Cup finals in 2007 have created a marketplace spoiled by success, taking playoff berths for granted, and ripping, sourly, on playoff failure. Perhaps this second playoff absence in three seasons will be the pause that refreshes.

If nothing else, it is time to take stock of what the team is, what it wants to be and what it has been.

In a challenging phase of transition, it’s useful to remember a time when fans were so excited about their expansion Senators they showered them with standing ovations -even after defeats, on nights when they played above themselves; a time when Brad Marsh, a workingman’s veteran, was their hero and champion, a time when newspaper headlines routinely referred to the Senators as “Road Kill” and a daily Ottawa Citizen chart termed the Yelnats Puc (Stanley Cup spelled backwards) compared the 1992-93 Senators with the worst team on record at the time, the 1974-75 Washington Capitals.

The team’s goal, in 1993, was to finish last in order to draft Alexandre Daigle first overall that summer, a goal spoken of so openly by Ottawa management that Senators chairman Bruce Firestone was fined $100,000 “for certain intemperate and inappropriate comments.”

The NHL later altered the draft format to create a lottery for bottom dwellers and to escape the perception a team could lose on purpose to assure a first overall pick. Not that anyone was actually accused of losing on purpose.

As the 1992-93 expansion season wound down, the NHL sent investigators to interview Ottawa management, coaching staff and several key players to determine if the team was “throwing games” to secure the top selection. Brad Shaw was one of the players the league interviewed.

“I said to them in the inquisition,” Shaw recalls, ” ‘You know, we have Shaw recalls, ” ‘You know, we have 60-plus losses.’ We knew how to lose (without trying to). We needed so many things to fall into place just to have a chance to win that it was kind of humorous they were investigating in the first place.”

Losing on purpose? Not a chance, not for a determined group of castoffs playing for pride and future NHL paycheques -players who bristled at the commonly heard suggestion their team was a laughingstock.

Poor Mel Bridgman, the Senators’ first general manager, selected three ineligible players at the slim-pickings expansion draft, and a newspaper employee named Larry Skinner, who had played a few NHL games, attended the tryout to write first-person stories and wound up being the top scorer in camp. Skinner returned to his newspaper gig and left the losing to the professionals.

© Copyright (c) The Province

Shaw Capital Management Headlines: Will Japan End Any Chance of New Nuclear Power in the US?
By Damien Hoffman
March 14 2011

The nuclear power industry (NYSE:NLR) has made progress in Washington as Oil(NYSE:USO) prices put heat on the economy. Will the recent nuclear power plant explosions in Fukushima, Japan (NYSE:EWJ) shutdown future projects in the United States?

Nuclear is an awesome source of energy, but it’s a phenomenon in game theory where everything remains copacetic 99.99999% of the time and the other 0.00001% results in horrific environmental disaster. Now that the media is hyperventilating over video and headlines about nuclear power disasters, you better believe lobbyists for Oil & Gas (NYSE:USO), Coal (NYSE:KOL), Natural Gas (NYSE:UNG), and Solar (NYSE:TAN) are swarming Capital Hill to put the proverbial nail in the nuclear energy coffin.

A few other sectors losing steam will be nuclear power plant manufacturers such asGeneral Electric (NYSE:GE) and Shaw Group (NYSE:SHAW), and uranium mining companies such as BHP Billiton (NYSE:BHP), Rio Tinto (NYSE:RIO), Cameco Corp.(NYSE:CCJ), and Dennison Mines (AMEX:DNN).

As Japan now braces for the possibility of a nuclear meltdown, I’d bet my bottom dollar every nuclear power proposal under review in Washington or state utility commissions just got filed in that famous receptacle: the trash can. What do you think? Let us know in the comments below.

Shaw Capital Management Headlines:How to be a Brit in Kansas City | World Headlines

The Kansas City Star
Published: Sunday, Mar. 13, 2011 – 1:02 pm

Break out the bitters and pass the crisps. The royals have landed in Kansas City.

Princess Diana’s wedding gown has taken up temporary residence at Union Station. Anglophiles around town pinched themselves when they realized the famous dress would be right here when Diana’s first-born, Prince William, gets married next month. Blimey! A harmonic convergence of royal proportions! British wannabes are more excited than Ricky Gervais hosting a celebrity rehab session.

So we wondered: How can a non-Brit be British in Kansas City? We went straight to the Brits themselves, who told us where to find their food, a cup of good tea and other Brits in Kansas City.

The accent?

You’re on your own, bloke.

Meet the Brits

When love for an American woman brought him to town a few years ago, Ray Caraher wanted to find other British ex-pats, so he started a social club called Brit’s International.

Since 2005 he has attracted 200-some members, people who sound an awful lot like him, like to eat what he does. They know his accent is Wimbledon, not Ireland. They know what pork cracklings are and the proper way to fry up a banger.

But more important, they get one another.

“There is something fundamentally eccentric about Brits, which unless you start to look below the surface goes unnoticed,” London native Neil Ryall says.

“It gets waved off as being simply ‘foreign.’ Whether it was George Bernard Shaw, Oscar Wilde, James Whistler who said of Brits and Americans, ‘Two nations divided by a common language,’ (they) should have added an addendum — ‘and the Brits are nuts!’?”