Moving and Storage Business News

The News Review:

- Market Report: Restructuring may be the best medicine for Glaxo
- Tech Culture
- Built for the High-Tech Household
- US Stocks Rise, Pushing S&P 500 Toward Best Month Since 2003
- Silicon Valley’s solar power play – Oct. 26, 2006
- Man power: a great alternative
- Room to Improve

Market Report: Restructuring may be the best medicine for Glaxo
The Independent – Independent – Oct 26, 2006
Some traders are betting that the company will announce some radical corporate restructuring along with bullish third quarter numbers. Some traders are betting that the company will announce some radical corporate restructuring along with bullish third quarter numbers… Bid speculation at Big Yellow Group, the self storage warehouse operator, has done the rounds a couple of times in recent weeks and the shares surged again yesterday, closing 26p better at 557p. The stock has been on a spectacular run since March 2003 when the shares hit a low of 67p. Traders pointed out that yesterday’s volume of 1. 4 million shares is double the average daily volume, but that the shares are notoriously thinly-traded for a FTSE250 stock. The technology sector has been one to avoid in the last few weeks as a wave of bad news has reminded investors of the worst of the tech boom fallout.

Tech Culture
San Francisco Chronicle – Oct 26, 2006
tmpl end –>Not boxed inYou may remember the freshman entrepreneurs behind the online file storage company,. net who used to live and work out of two Munchkin-size Berkeley cottages that resembled tornado-tossed college dorm rooms. The guys all dropped out of college to pursue the Silicon Valley dream by moving to the East Bay, where they could get free rent from 21-year-old CEO Aaron Levie’s uncle.

Built for the High-Tech Household
Washington Post – Oct 26, 2006
Store buyers crowded around the new designs as though they were concept cars at an auto show for one reason: They’re useful. "TVs are getting bigger, and computers are getting smaller," says Alex Bernhardt, chairman and chief executive of Bernhardt Furniture. Accommodating the changes in personal electronics is a constant challenge for furniture makers, he says: "It’s a moving target. "A decade ago, the personal computer and big-screen TV created a huge market for home-office desks and media storage cabinets. Remember all those whitewashed-pine armoires with holes drilled in the back? Today, another revolution has filled homes with multiple cellphone chargers, video game terminals and BlackBerry power stations. Laptops outsell chunky personal computers. Slender plasma TVs don’t need to hide behind massive cabinets… ‘ "Designers create pricey custom kitchen built-ins to solve the dilemma, but Sligh figured one piece of furniture could include these functions and also be used in the front hall, mudroom, bedroom or den. The company added bulletin board space, storage shelves and task lighting. Two versions — which are part desk, storage and computer station, to help organize homework, recipes, MP3 players and printers — will hit stores in the spring: a neoclassic mahogany cabinet ($2,945) and a cottage-style hutch in a weathered black paint finish ($3,395). Seven other styles, including a more contemporary version in bamboo, are under consideration.

US Stocks Rise, Pushing S&P 500 Toward Best Month Since 2003
Bloomberg – Oct 26, 2006
Initial jobless claims climbed 8,000 to 308,000 in the weekended Oct. 21, the Labor Department said, suggesting growthhasn't slowed enough to spur companies to fire workers. The four-week moving average, a less volatile measure, fell to 305,250,the lowest in eight months, from 308,000. Comcast climbed $1. Third-quarter profit excludinggains related to its purchase of Adelphia Communications Corp. was 26 cents a share… 18, or 14 percent, to $9. The designer of chips andmaker of data-storage components said it expects fourth-quarterprofit, excluding some items, of as much as 18 cents a share. Seven analysts surveyed by Thomson expect an average of 15 cents. Red Hat Some technology stocks disappointed investors even as theNasdaq surged. , the world's biggest distributor of Linuxcomputer software, plunged $4.

Silicon Valley’s solar power play – Oct. 26, 2006
cnn.com – Oct 26, 2006
Solaicx is one of dozens of Silicon Valley firms driving a sizzling $11 billion worldwide market in solar energy, part of a rapidly expanding alternative-energy economy that promises to shake up the way power is produced and consumed as profoundly as the region’s computer and Internet companies upended global communications and commerce in the late 20th century. The signs of world-changing transformation are everywhere: Venture capitalists are pouring hundreds of millions of dollars into Valley solar startups pursuing technological breakthroughs to make sun power as cheap as fossil fuel. Three of the largest tech IPOs of 2005 were for solar companies, including San Jose-based… The Black Eyed Peas blast from a nearby boom box as sun-burnished workers secure the large flat solar modules to the roof and begin interconnecting them with electrical wire. The translucent panels glisten in the sunshine, the light reflected by the presence of the element that gave the area its nickname. "Silicon Valley," Cinnamon says, "is moving from a place that uses silicon to make something that consumes energy to one that uses silicon to produce energy. " Net sales for the Los Gatos, Calif. , company during the second quarter doubled to $2. 8 million from a year earlier. Cinnamon now has 50 employees and is hard-pressed to keep up with demand.

Man power: a great alternative
The Independent – Independent – Oct 26, 2006
These dampen vibrations but store rather than dissipate that energy to provide a source of power – for free. “Price is leading the Pacesetters Project, an initiative that will involve the installation of the world’s first human energy harvesting staircase in Portsmouth’s Spinnaker Tower early in the new year. Also taking part are electronics company Philips and teams from Hull University – which has developed a heel-strike generator that fits into a shoe to capture the energy exerted as we walk – and Southampton University, which has developed a way of generating power from the vibrations which naturally occur within buildings. Their aim is to show how power can be generated from human movement and to prove its potential to supplement power supply in public spaces. “How best to store the harvested energy has been a challenge,” Price admits. “Our focus is on improvements to super-capacitors and other storage devices. But we are confident that if the energy is used close to where it was generated, then these plans would be a feasible alternative to the national grid… Their aim is to show how power can be generated from human movement and to prove its potential to supplement power supply in public spaces. “How best to store the harvested energy has been a challenge,” Price admits. “Our focus is on improvements to super-capacitors and other storage devices. But we are confident that if the energy is used close to where it was generated, then these plans would be a feasible alternative to the national grid. It could power lighting, LED displays and audio systems used in public spaces. “When you consider that a busy transport interchange such as Victoria station in London is used by an estimated 34,000 pedestrians an hour at peak times, footfall sounds like a viable alternative source of power. And there’s another potential green benefit: once an electrical appliance no longer needs to be wired into the grid, less copper and plastic will be required.

Room to Improve
New York Times – Oct 26, 2006
com, 1-888-contain). “Treat it as an edge of storage, a series of shelves, and you can accommodate all types of things: clothes, books, stereos,” he said. Whether you’re packed into a tiny apartment or trying to fill an enormous house, Mr. Gillingham-Ryan offered one more piece of advice: Leave 10 percent of the space empty. “As you begin this new time together, you’ll have room to grow,” he said. Questions about d?r may be sent by e-mail to room@.