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July 22, 2011     Post-Gazette
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July 22, 2011

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Page 4 POST-GAZETTE, JULY 22, 201 1 FinanciallySpeaki ng Ben Doherty -fL- S by Sal Giarratani ( ....... -i MIXED MARKETS A late rally lifted stocks on Friday, lifting the markets from the worst week in a year. Italy was the last coun- try to head for a fiscal calam- ity, joining Portugal and Greece in the European community to hove prob- lems. The S&P500 losses were down 2.6% for the week, like worst week since August of last year. Google shares reported record sales and profits with earnings of 88.74 versus $5.73 last year beating analysts' projec- tions. BHP Billitron Limited's agreement to buy Petro- hawk Energy for 812.1 bil- lion in cash, a 61% premium to its stock price lifted other producers including South- western Energy producers, a Houston-based natural gas company as a possible takeover target along with several other companies, caused sales to compound in these companies. South- western Energy rose 3.62% on this news. On the nega- tive side, Game Stop Corp., fell 3.5 points. The NPD Group report said sales of game hardware, including handheld games fell 4% to $3.6 million. James Capital Group fell in active trading as investors continue to exit when its 20 largest stock and bond mutual funds lost an estimated $95 million to client withdrawals of $18.5 billion in the past seven quarters. In the last quarter as investors sold Japan's funds in June when its in- vestors had pulled $14.5 bil- lion from mutual funds in the last quarter. Shares of staffing agencies including slid as there was barley any hir- ing in the last month, as only 18,000 new jobs opened in June. Fewer openings mean companies have less of a need to use websites such as The digital dog tag that Watertown-based Socio- metric Solutions past out to employees gauges how much they talk to other em- ployees and move around during the day and who you talked to. When a consultant comes to a company, they look at charts and do inter- views to see how people re- act over a period of time. They are useful for tracking Happy 116 th Anniversary KIWANIS CLUB OF EAST BOSTON Marisa Di Pietro, President P.O. Box 83 East Boston, MA 02128 617-650-3442 J-Iappy jdnnilersartd to the Post-Gazette America in History Landing of Columbus Designs created & implemented by Constantino Brumidi (1805-1880) The Michelangelo of the United States Capitol OCTOBER ITALIAN HERITAGE MONTH COMMITTEE (617)499-7955 * Don't forget to look for our October 2011 Calendar of Events sporadic interaction. They found workers handled cases more quickly and infor- mally, produced better results than following the employee handbook or obey- ing management's emailed instructions or emails. They encouraged employees to talk more openly during breaks. The device, a small piece of paper, recharged daily. Sociometric Solutions is a very profitable Venture Capital firm. Rhode Island is the largest investor. The founder and chairman Curt Schilling poured $20 million of his own money into the company. In case you forgot, Curt Schilling was the pitcher who helped the Red Sox win the 2004 and 2007 World Series and is a die- hard, garner. The company won several awards at the Gaming Conference. With Reconing and Corpanarus launching in 2012, the com- pany is expected to be very profitable by 2013. People are concerned about what they expect to get from Social Security. You can take an early pay- ment at 62, you get a reduced early payment, but if you wait until age 70 the monthly check is higher. People are asking if they should take an early pay- ment or full retirement at age 70, your check will be much higher. If the woman at 50 years old makes $50,000 and her husband is making 60,000 the life time earning calculated with a divorce at 62 then estimated $1,975 per month at age 70. AARP calculates the maxi- mum benefits. It's time to call your financial advisor or call me at 617-261-7777. lappynnilersanj fro,. Broadway Brake Corp. HEAVY DUTY TRUCK & BUS ,P.qTS & SERVICE Philip D'Angelo, President 45 Broadway 1093 N. Mostello St. Somerville, MA Brockton, MA 617-666-1000 508-580-2213 The Eost Boston Eider Service Plan, port of the ntional networb of PACE (Program for All Inclmiue Care of the Elderly), one of mony programs ovailable in Winthrop through the Eost Boston Neighborhood Heolth Center, ho$ joined with the Art Connection, a not-for-profit ogency dedicated to providing originol rt worh to those who otherwise may not have occes$ to ort in their lives. Donotiom ore welcomed to continue to support the Elder Service Plan's activities program, the Winthrop PACE Center and events and projects libe these. Trying to Squeeze the Stress Out Most of us can battle stress Two days ago, I came time to time. We can get across an old card someone moody about some event we sent me a while ago to cheer dread attending. We can get me up. At the top of the card stressed over hot and humid it said, "Life is improvisa- summer days when eight tion." Thought about that for hour work days seem like a couple of seconds, but I still twenty-four hours. A little don't remember what I was while ago, I was squeezing a going through, but it must stress ball just to relax at have been visible enough to work for a few moments, get a card mailed to me over I just came back to work it. from vacation where I man- I work for the State De- aged lots of time at pool side partment of Mental Health and working on my Sicilian and have been since 1972. tan. I don't read newspapers You learn a lot being around or watch much TV either. I mental health all the time. can relax better without I'm no Type A personality, those distractions. I missed but I can get the blues and that whole rumble by first have been known to act out base involving a pitcher who a time or two. The other day apparently pushed David I was laughing while watch- Ortiz's buttons. Big Papi ing a video of a children's doesn't want to be anyone's movie entitled "Antbully." It daddy. When a pitcher tells was a cartoon movie about a him he's dragging, he takes kid who gets bullied, so he the truth personally, takes his stress out by kill- Hey, Whitey's back and ing ants. The ants decided that room down in Orlando he needs a shrinking down walks out of court scot free. to their size to see life from Nancy Grace is still all bent the ant's perspective. He out of shape over the jury's lives among them and verdict. I just go with the learns their ways. When he's flow. I haven't been that con- asked how humans work to- cerned over Bulger for 16 gether, the boy says not that years and the jury's verdict well suffering from an "every is final. Move on to some- thing new for Pete's sake. (Continued on Page 15) Happy Anniversary to the Post Gazette! ..... F/ T 00PRIORITY CREDIT UNION Meeting Members' Financial Needs for over 87years! 800-949-628 100 Swift Street 25 Dorehet Avenue East Boston, MA02128 i! B0ston:022 7:L Happy Anniversary Dr. Dean J. Saluti President Renaissance Lodge, OSIA Majorie Cahn 52 Bay State Road, Boston, MA 02215 617-367-3161