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Kinder Morgan Energy Partners Increases Quarterly Distribution to $0 ...

HOUSTON, Jan. 16 /PRNewswire-FirstCall/ -- Kinder Morgan Energy Partners, L.P. (NYSE: KMP) today increased its quarterly cash distribution per common unit to $0.92 from $0.88. Payable on Feb. 14, 2008, to unitholders of record as of Jan. 31, 2008, the distribution represents an 11 percent increase over the fourth quarter 2006 cash distribution per unit of $0.83. KMP has increased the distribution 31 times since current management took over in February of 1997. In total, KMP declared cash distributions for 2007 of $3.48 per unit, exceeding its published annual budget of $3.44, and 7 percent higher than declared cash distributions in 2006 of $3.26 per unit. The excess of distributable cash flow before certain items above distributions for 2007 was approximately $40 million.

KMP reported record quarterly distributable cash flow before certain items of $242 million, up 21 percent from $200 million for the fourth quarter of 2006.


Chalk One Up For The Armchair Economists

Mike Arrington, over at TechCrunch, has written up a post about "The Inevitable March of Recorded Music Towards Free" which will sound mighty familiar if you're a Techdirt reader. It's pretty much the same thing I've been saying for almost a dozen years at this point, pointing out the economics and inevitable trends facing the music industry -- and also noting why that isn't necessarily a bad thing. While he's dealing with emotional responses in the comments (again, that'll sound familiar...), it's more interesting to watch an "industry analyst" trash Arrington as an "armchair economist" without backing it up... and then getting his own economics totally screwed up. In this case, we need to chalk one up for the "armchair economists." The analyst, David Card of Jupiter Research (the same analyst who incorrectly said that Radiohead's new offering would only work because the band was well known), dismisses Arrington's economics as "oversimplified analysis," but doesn't explain why it's actually wrong -- and that's because it's not.


Businessman Behind Bid For SPL Club Exposed As Pimp

A TYCOON trying to buy an SPL football club can today be exposed as a sleazy pimp luring women into prostitution.

Neil MacGregor, 35, claims to be a wealthy ex-SAS officer with a bodyguard firm protecting Hollywood stars.

Last week he launched a multi-million pound bid for Inverness Caledonian Thistle after a similar approach to Third Division Elgin City flopped.

But we can reveal that MacGregor operates an internet escort agency hiring Scots girls to sell sex in the US porn industry.

He was snared after trying to groom a Sunday Mail reporter, posing as a recruit, for a life of vice.

Our investigator, who provided a fake CV and photo, agreed to meet MacGregor at Crieff Hydro Hotel in Perthshire but he fled after being confronted.


Jeff Thelen's Blog

Hi everybody. I'm back from really slacking off from the blog over the holidays. This week, it's just a few random thoughts.

How many people are sick at your home, office or school? Seems like everyone in this newsroom is fighting some sort of bug right now. My symptoms are a sore throat, tiredness and aches and pains. I have no congestion, but my nose only runs at night. Wierd, isn't it? Alison Struve blows her nose so much she sounds like a foghorn. Stephanie Luisier and chief photographer Randy Bise both have that "sick sound" when they talk.

Was it just me or did the Badgers seem a little unfocused and unprepared for their bowl game? Perhaps it's the long layoff between their last regular season game and the contest on January 1. It was a sort of a fun game to watch, even if it was rather sloppily played.


Designer baby despair

Latest Infertility Treatment Authority records show 17 children were born in Victoria in 2006 after having the screening.

Hundreds more children have been born around the world using the technique.

Monash IVF medical director Prof Gab Kovacs said yesterday he was unable to comment on the case because it was before the courts.

The case is listed for a directions hearing at the County Court on March 31.

Monash IVF was recently sold to the private equity arm of ABN Amro bank in a $200 million deal.

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October 2007 Archive

VAN WERT — The Van Wert County Hospital's Kids' Health Fair was held recently for more than 450 third-, fourth- and fifth-grade students of Van Continue » Pet CornerLocal News (258 words) The Humane Society of Allen County has many pets waiting to be adopted. Each comes with a spay or neuter, first shots, and a heartworm Continue » James F. McKinleyFor the Record (47 words) James F. McKinley, 50, of Spencerville, died at 5:56 p.m. Thursday at Grady Memorial Hospital in Atlanta. A memorial service will begin at 11 a.m. Continue » Jeffcats demolish Knights 37-0Sports (692 words) By CHRIS KOENIG The Delphos Herald DELPHOS — Jefferson head coach Damon Ulm knew he had his hands full as the visiting Crestview Knights came to Stadium Continue » More fun on the CanalLocal News (1249 words, 2 responses) The old Miami and Erie Canal provided many fun, fun times for kids in town or anyone who lived nearby.


Ponderings from PapaBear

I see that there are already many great blogs posted on last nights BCS Title Game and another recap is not needed. However, I have a few final thoughts on this game and the Buckeye season. First, congratulations to Les Miles and his LSU Tigers. They were the dominate team on both sides of the ball for the final three quarters of this game and are deserving Champions. For the past month I was slowly able to convince myself that the Buckeyes had a shot at a victory in this game. In order for them to pull off the upset they would of had to play the perfect game. Their overall team effort was certainly better than the one the they put forth in last years game against Flordia, but perfect they were not. Turnovers and really stupid penalties kept this game from being close and the final result was much the same as last year...A sizeable loss.


Tribune News Service

The manifesto further demanded better working conditions for faculty, which includes construction and maintenance of separate toilets for faculty in each department, streamlining of parking in front of different buildings, maintenance of campus houses, general cleanliness and security, Wi-Fi for the entire campus (including hostels and residential area), and intercom to all, better road and drainage conditions and landscaping in Sector 25 and speedy construction of more houses, and streamlining of house-allotment.

Interestingly, the manifesto also asks for harmonious relationship among faculty and biennial increments for the stagnated teachers.

While manifesto of both groups are now out, none of the groups has talked about what they intend to do to improve the standard of teaching and research in the university.Course in Computer Hardware

The Centre for Adult, Continuing Education and Extension in the university has introduced a six-month Certificate Course in Computer Hardware for unemployed youth.



 

 

 

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