Tuesday, July 31, 2012

Credit Repair Tips And Tricks To Consider | Creative Techniques To ...

Bad credit hurts you in nearly all your financial dealings, especially those that involve extending credit to you. Poor credit impacts your ability to move forward with your life. There are ways, however, that you can fix past mistakes and repair your credit score. Follow these tips to repair your credit.

You can dispute inflated interest rates if you are being charged more than you should be. When a creditor hits you with incredibly high interest rates, you may have a case for negotiating to a lower amount. You did however sign a contract that agrees you will pay off all interests as well as the debt. If you choose to bring a lawsuit against your creditors, use the high interest rates against them.

TIP! Document calls and mail to and from credit bureaus if some information on your credit report is inaccurate. Note down and summarize every communication, whether it be by phone, post, or email, so that you have a complete record of your efforts.

Work closely with all of your creditors if you are aiming towards repairing your credit. Avoid collection to improve your credit score. This can be accomplished by negotiating with them for a change in due date or monthly charges.

Anything on your credit report that you feel is inaccurate should be disputed. Contact the credit agency in writing, with documentation to support the errors that you are disputing. Also include a request for a return receipt to make sure the agency gets it.

Attempts to defend negligence or bad credit will not succeed, even if they are justifiable. The creditors are only worried about results and numbers. If anything, it will just hurt you as it will draw attention to the negative event.

TIP! Avoid using a law office that claims they can fix your credit. Less ethical lawyers have realized that with the current glut of consumers with credit trouble, there is money to be made by charging high fees for ineffective credit repair help.

When you are involved in a credit crunch, you have many debts but not enough money to pay them. To make sure everyone gets a share, spread out your money distribution. Paying each creditor something, even less than the minimum payment due, can usually appease your creditors enough that they will not turn your accounts over to collection agencies.

Minimum Payment

Your record of repayment will help improve your credit. Make payments to your credit card that include more than the minimum payment amount if possible each month. Late payments are called in to the credit rating companies, and this hurts your score. Consistently making at least your minimum payment shows that you take your financial responsibility seriously.

TIP! Work with collectors to create a realistic repayment plan. While this will not remove the debts from your credit report completely, they will be showing as paid and no longer negatively affect your rating.

Keep your credit card balances below 50 percent of your credit limit. Any balances that are over half your limit drag your credit rating down. So be sure to pay your credit card down or, if you can not, try to use another credit card.

Research consolidation options that may help you rebuild your credit record. This can give you a very good shot at eliminating your debt and fixing your credit quickly. This way you can have multiple debts consolidated into a single simple payment. Make sure you know the specific details of any consolidation plan you evaluate in order to determine if it is the best one for you.

If you are experiencing difficulties paying your monthly expenses, you should get in touch with your creditors right away to develop other payment plans. Creditors tend to be less likely to make negative credit reports in situations where you take the initiative to work with them. Another benefit of being proactive is that you can alleviate your financial burden and open up your ability to pay the bills on time that will not work with you on payments.

TIP! Do not carry high balances on any of your credit accounts. You could increase your credit score just by paying down some balances.

When working to better your credit score, it might be prudent to consider debt consolidation. It is easier to form a budget and track expenses when you only have one payment to make. This can help you make your payments on time.

Credit Unions

Credit unions are an option for those who have run out of options when trying to find a line of credit to boost their score. Credit unions may be able to offer more credit options or better rates than a larger bank, based on an understanding of the local area rather than the national situation.

TIP! A great credit score should allow you to get a mortgage on the house of your dreams. If you pay your mortgage as agreed, your credit score will rocket into the stratosphere.

Turn a negative into a positive. Repairing your credit standing is not impossible, although it will take some discipline and patience. There are free services to help you on your way to fixing your credit. Apply the following advice from these tips to help you get your credit back on track again

http://www.corporatefasttrack.com/credit-services.html

Source: http://www.corporatefasttrack.com/cftblog/credit-repair-tips-and-tricks-to-consider

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Police: Titans player dies in apparent suicide

(AP) ? Tennessee Titans reserve receiver O.J. Murdock has died of an apparent suicide, Tampa police say.

Police spokeswoman Andrea Davis said officers found the 25-year-old Murdock inside his car Monday morning with what appeared to be self-inflicted gunshot wounds. The car was parked in front of Middleton High School, where Murdock attended school.

He was taken to Tampa General Hospital, where he later died.

Murdock did not report to training camp over the weekend because of what the team said at the time was a personal issue.

"We are shocked and saddened to hear of O.J. Murdock's death this morning," the Titans said in a statement Monday. "In his brief time here, a number of our players, coaches and staff had grown close to O.J., and this is a difficult time for them. He spent the last year battling back from an Achilles injury as he prepared for this year's training camp. Our thoughts and prayers are with his family and friends as they try to cope with this tragedy."

As a senior at Middleton in 2005, Murdock was rated the 10th-best wide receiver recruit in the nation by Rivals.com. He signed with South Carolina, but played in only four games, making one catch, after redshirting his first season. He was arrested for shoplifting at a Florida department store during that 2006 season and suspended.

Murdock transferred to Pearl River Community College in Mississippi and then to Division II Fort Hays State in Kansas. As a senior in 2010, he had 60 catches for 1,290 yards and 12 touchdowns.

That earned him an invitation to the NFL scouting combine. After going undrafted, he was signed by the Titans last summer but spent the entire 2011 season on injured reserve after hurting his right Achilles early in training camp.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2012-07-30-Titans-Murdock%20Death/id-3893e2edec844ba5b03136f3cb6dad5a

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Friday, July 27, 2012

Two More Nearing AIDS 'Cure' After Bone Marrow Transplants, Doctors Say

Timothy Ray Brown, shown in May 2011 with his dog Jack in San Francisco, is the only man ever known to have been fully cured from AIDS. Brown is known as the "Berlin patient" because he had a bone marrow transplant in a German hospital five years ago. Enlarge Eric Risberg/AP

Timothy Ray Brown, shown in May 2011 with his dog Jack in San Francisco, is the only man ever known to have been fully cured from AIDS. Brown is known as the "Berlin patient" because he had a bone marrow transplant in a German hospital five years ago.

Eric Risberg/AP

Timothy Ray Brown, shown in May 2011 with his dog Jack in San Francisco, is the only man ever known to have been fully cured from AIDS. Brown is known as the "Berlin patient" because he had a bone marrow transplant in a German hospital five years ago.

The so-called Berlin patient is famously the only person in the world who has been cured of HIV. But he may soon have company.

Two people in Boston also seem to be free of HIV after undergoing bone marrow transplants for cancer, just as the Berlin patient did five years ago. The crucial difference is that the Boston patients have not yet stopped taking anti-HIV drugs ? although that may happen in the coming months.

Harvard researchers got an enthusiastic response from an overflow crowd when they presented the first report on the patients at the 19th International AIDS Conference in Washington, D.C.

"As far as we've been able to measure, we can't find evidence of HIV infection in the patients' blood or blood plasma, and their antibody levels against HIV are dropping," Dr. Daniel Kuritzkes of Brigham and Women's Hospital told Shots. "The antibody evidence tells us there is little if any persisting HIV protein to trigger an anti-HIV response."

?

Kuritzkes is careful not to claim cure of HIV, although he says it's "entirely possible" that the two patients are cured.

"We can't say we've replicated the Berlin patient's cure at this point because our patients remain on antiretroviral therapy," Kuritzkes says. Only if they stop therapy for months and years, without seeing a rebound of HIV in their blood, can these new bone marrow transplant patients be declared cured.

Meanwhile the Boston patients are shedding light on just what may have cured Timothy Ray Brown, the Berlin patient. He's an American HIV patient from Seattle who had two bone marrow transplants for leukemia while he was living in Berlin more than five years ago.

Brown has been free of daily antiviral drugs ever since with no reappearance of the virus. Thus, he's considered "functionally" cured, even if traces of HIV genes may persist in some of his cells. (That's a matter of some uncertainty.)

It's been widely assumed that the magic in Brown's cure resides in the stem cells he got from a bone marrow donor. Those donor cells lack a receptor called CCR5 that HIV uses to enter immune cells.

Not necessarily, the Boston researchers say. The donor cells their patients got did not lack the receptor. So what's happening with them must be different from the Berlin patient.

The Boston researchers think their might-be-cures are due to two factors:

  • The patients got a milder form of pre-transplant chemotherapy. As a result, they were able to stay on their anti-HIV drugs. That protected the transplanted donor cells from becoming infected with any HIV that might have been hiding out in their bodies.
  • The donor cells most likely killed off the patients' own HIV-infected immune cells as the bone marrow transplants took effect.

This second phenomenon is called graft-versus-host disease. The donor cells see the patients' native cells as foreigners and attack them.

"The success of a bone marrow transplant depends on having the right amount of graft-versus-host disease," Kuritzkes says. "You need a little bit. You hope not to have so much that you get clinically sick from it."

The Berlin patient also had episodes of graft-versus-host disease. That could help explain why his HIV infection was extinguished ? or driven to such low levels that his new immune system is able to control it.

It's possible that the lack of CCR5 receptors on the donor cells did contribute to the Berlin patient's cure. But scientists are excited by the possibility that a cure may not require donor cells lacking CCR5 receptors. That would widen the donor pool, since very few people are lucky enough to lack CCR5.

Another small step on the road to a cure comes in a report by David Margolis of the University of North Carolina published this week in Nature. He writes that a cancer drug called vorinostat can smoke HIV out of its hidden reservoirs. Researchers are wondering whether they could combine this with a way of killing the virus before it can start a new cycle of infection ? a strategy called "shock and kill."

Dr. Steven Deeks of the University of California San Francisco warns not to expect that the road to a cure will be a quick dash. "I would be shocked," he said at a press conference, if scientists designed a workable cure within the next decade. "But it's at least possible, and we all think it's worth pursuing."

Source: http://www.npr.org/blogs/health/2012/07/26/157444649/two-more-nearing-aids-cure-after-bone-marrow-transplants-doctors-say?ft=1&f=1007

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EYES ON LONDON: A tribute to women, Russia gaffe

LONDON (AP) ? Around the 2012 Olympics and its host city with journalists from The Associated Press bringing the flavor and details of the games to you:

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TRIBUTE TO WOMEN

Team USA flag bearer Mariel Zigunis says she's bursting with pride that a. she got the job and b. that women have outnumbered men on the team for the first time.

"It's a huge, huge honor ... having a female flag bearer is something that is very meaningful."

?Mark Colson

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DON'T MESS WITH HER

Talking of doping, AP's Jenna Fryer just had a close encounter with an ad that's arguably a little wide of the mark. It's from Transport for London. Check out the arms. http://img.ly/lfJ6

?Jenna Fryer ? Twitter http://twitter.com/jennafryer

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TORCH RELAY CONCERT

To celebrate the torch's arrival in London a concert is being held in Hyde Park on Thursday ? the same place where the plug was pulled on Paul McCartney and Bruce Springsteen a few weeks ago after they violated a curfew.

Rees Ianson, 32, was a torch bearer in the north of England and so was given the opportunity to get tickets.

"I jumped at the chance, I'm looking forward to it," says the sales manager from Lincolnshire who was nominated as a torch runner for his charity work.

He's not just down for the concert. Rees also has tickets for basketball and hockey. "I can't wait," he said on his way to the gig featuring the likes of Mark Ronson and Dizzie Rascal.

?Fergus Bell ? Twitter http://twitter.com/fergb

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WHERE YOU FROM AGAIN?

Kazakhstan is trying to replace two of its male Olympic weightlifters at the 11th hour, possibly because of citizenship issues.

The two are Arli Chontei, in the 56-kilogram category, and Farkhad Kharki, in the 62-kilogram category.

International Weightlifting Federation spokeswoman Aniko Nemeth-Mora says Kazakhstan is citing medical reasons. However, Kazakh weightlifting official Mendikhan Tapsiruly tells AP that "this is most likely to do with the fact they were granted citizenship recently."

Both lifters are originally from China. Two other lifters in Kazakhstan's team were recruited from China, while one switched nationalities from Russia.

?Karl Ritter ? Twitter http://twitter.com/Karl-Ritter

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HANDS OFF!

Russia's Olympic committee is laying claim to over a dozen athletes born in once-Soviet Ukraine. And it's sparked an outcry in Kiev, the Ukrainian capital.

Some athletes are listed as born in the "Ukraine region" of Russia, while others are listed as coming from the Ukrainian cities of Lutsk and Lviv, which were described as Russian.

Similar mistakes were made for Georgia-born athletes.

Russia's Olympic Committee is now working to correct the data. But it's done little to appease widespread resentment as a result of centuries of Russian dominance which ended when Ukraine gained its independence in 1991.

?Vladimir Isachenkov ? Twitter http://twitter.com/visachenkov

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POSITIVE DRUG TEST

A Greek athlete has failed a doping test and is out of the Olympics. High jump champion Dimitris Chondrokoukis has tested positive for the steroid stanozolol.

His father ? and coach ? says the news is "surreal" and is asking for a follow-up test.

?Graham Dunbar ? Twitter http://twitter.com/gdunbarap

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NO HIJAB

The ruling has come down: Saudi Arabia's female judo competitor will not be allowed to wear a hijab during her matches.

Asian judo federations allow them, but in London the veil has been deemed dangerous. Judo includes strangleholds and chokeholds ? and organizers think that could prove even more painful if there's something to tug.

They also think judo should be free of religion and politics.

Wojdan Ali Seraj Abdulrahim Shahrkhani is one of two female Saudi athletes here. The kingdom is allowing them to compete after the International Olympic Committee and human rights groups exerted intense pressure for an end to its practice of sending all-male teams to the games.

?Maria Cheng ? Twitter http://twitter.com/mylcheng

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MORE ON THAT ALERT

People are being let back into the mall. No word yet on what triggered the alarm or what led authorities to declare the area safe again.

?Diana Ingram

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SECURITY ALERT

AP staff at Westfield Mall, just outside Olympic Park and its security perimeter, say everyone has been told to vacate the mall. An alarm is sounding.

People are gathering outside and being forbidden to go back in.

?Diana Ingram

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TICKETS, ANYONE?

The line to pick up event tickets at the City of Westminster College will-call is snaking through the campus Thursday with fans anxious to get their hands on the prized item. Among them: Michael Perkowski, a contractor for the U.S. military who drove directly to get his tickets after his plane touched down from Afghanistan.

Perkowski says his ticket-buying odyssey began 18 months ago when he was working for the Army in Iraq. He went through the early bidding process and finally scored tickets to three of his 24 choices within the last few months.

Now in Afghanistan working with the U.S. Marine Corps, he says he was coming to the Games regardless of what tickets he landed.

"I don't take too many vacations, so I was doing this no matter what," he says. "We took that long flight, drove forever to come straight here but I don't care. It's all worth it."

Get a glimpse here. http://img.ly/lfxS

?Jenna Fryer ? Twitter http://twitter.com/jennafryer

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BRANDED LONDON

London looks different.

You can't walk for more than five minutes through central London without seeing some sign of the Olympics. The words "Camden" or "Kensington and Chelsea" on Olympic banners hang from lampposts at regular intervals in those London boroughs. Take a turn down a side street and you can find a park railing with a new poster depicting cycling imagery running the length of it.

The main action might be in the Olympic Park, but the Olympics is evident everywhere.

?Fergus Bell ? Twitter http://twitter.com/fergb

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ON ACCESS

AP's Tom Withers reports in from the basketball venue:

Act as if you own the place. That mantra has always served me well, and with those words in mind, I strolled inside the Olympic basketball venue, which wasn't fully open on Wednesday.

As technicians busily dragged cables around the outside of the temporary 12,000-seat structure, where the preliminary rounds are being played, I coolly walked in and watched a few minutes of the Angola women's team practice.

The unique building, erected in just three months, is covered in a white stretch material that will be used for light projections during the games. Its architectural style is similar to the Water Cube swimming complex in Beijing.

Feeling a bit guilty after my self-guided mini tour, I confessed to one of the media leaders that I had already been inside. He didn't seem to mind. "Cheers," he said.

?Tom Withers ? Twitter http://twitter.com/twithersAP

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OLYMPIC LOVE

Captain Mark Phillips, Princess Anne's former husband, has spoken of his new relationship with a woman almost 30 years his junior.

The 63-year-old, a top coach for the U.S. equestrian team, separated from his second wife, Sandy, and began divorce proceedings earlier this year after falling for fellow equestrian Lauren Hough, 35.

Phillips, whose daughter Zara is competing in Team GB's equestrian events, has faced criticism and calls for his resignation over his affair with Hough, who is also a member of the American team's coaching staff.

After the Olympics, he will leave his job. But he says it's not because of criticism in the United States.

He told Country Life magazine: "I don't read chatrooms and all that rubbish as it's mostly uninformed and unidentified opinion, which won't change my life.

He's clear about one thing: "I'm not out to win a popularity contest."

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CAMERON ON THE FLAG FLAP

"This was an honest mistake, honestly made, an apology has been made and I'm sure every step will be taken to make sure these things don't happen again. We shouldn't overinflate this episode. It was unfortunate, it shouldn't have happened and I think we can leave it at that." ? British Prime Minister David Cameron, on the mistake made Wednesday night when a South Korean flag was displayed alongside a North Korean player's picture on a scoreboard before a soccer game.

?Rob Harris ? Twitter http://twitter.com/robharris

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COOL CUSTOMER

"We have no air conditioning, but it's OK, because in France we are used to having no air conditioning. So we are not lost." ? French swimmer Hughes Dubosc, at an appearance with his sponsor.

?Andrew Dampf ? Twitter http://twitter.com/andrewdampfap

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GRIDLOCK ? LESSON LEARNED

AP's Fergus Bell, a Londoner, reports in from the crowded streets of his city:

I took a taxi journey into central London. I usually take the train or Tube because I think they are faster when there are no known problems on the line. Today, with a couple of bags in tow, I had no choice.

It should have taken me 32 minutes, according to a quick online route search.

It didn't.

OK, I knew that figure was a bit optimistic. But I wasn't expecting the driver ? who knows the roads very well ? to get confused by all the new Olympic lanes, end up going a very different route from the one he was expecting. I ended up in the back seat acting as navigator with maps pulled up on my tablet checking which roads were clear.

The result: after 1 1/2 hours in the car and still the wrong side of central London I abandoned the driver to his fate. Bags and all, I jumped out at an underground station and took a delightfully smooth 12-minute journey to my destination and learned a lesson: Stick to what you know and trust your instincts.

?Fergus Bell ? Twitter http://twitter.com/fergb

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PICTURE PERFECT

With one day to go before the opening ceremony, no detail is being left untouched. Or unpainted.

A board was put up Wednesday to hide some unsightly gray scaffolding in front of the press seats at the gymnastics venue. On Thursday, a worker was painting the board purple so it would blend in with the rest of the signage.

?Nancy Armour ? Twitter http://twitter.com/nrarmour

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CAMERON ON THE OPENING CEREMONY

"I'd have thought the difficulty is, how do you cram in all that's great about our country?"

He says viewers will find moments of it "spine-tingling" and said he's been moved by the parts he's seen.

The ceremony, directed by Danny Boyle, is expected to take a global audience on an intensely visual, occasionally whimsical tour through Britain's history.

?Rob Harris ? Twitter http://twitter.com/robharris

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ONE FOR THE BOOKS

?"This is the biggest security operation in a peacetime history, bar none." ? British Prime Minister David Cameron, speaking at Olympic Park.

?Rob Harris ? Twitter http://twitter.com/robharris

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FROM THE PRIME MINISTER

?"Our absolute top priority must be to keep people safe." ? British Prime Minister David Cameron, who has just spoken at Olympic Park about the upcoming games. Here are a few more quick bites of what he had to say:

?"We are delivering a world-class games, a well-connected games."

?"Our intelligence services are working around the clock."

?"We want these to be the games that lift up the city, lift up the country."

?Rob Harris ? Twitter http://twitter.com/robharris

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GELDOF'S GRUMBLINGS

Not everyone in London is looking forward to the Olympics.

Bob Geldof, the former Boomtown Rats frontman and "Live Aid" charity fund-raiser, confirmed his contrarian reputation when asked at a reception for boxing legend Muhammad Ali if he was excited about the games.

"Nope."

No sport he was excited about?

"The egg and spoon race."

But, Geldof conceded, the games have at least brought much-needed regeneration to a post-industrial swath of east London ? transformed from gritty to green by the 500-acre (200-hectare) Olympic Park.

"That was a pretty crap part of town, no matter what anyone says," Geldof said. "Now it's nice."

?Jill Lawless ? Twitter http://twitter.com/JillLawless

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A SPANISH OLYMPICS?

As the debt-ridden Spanish government hovers on the brink of needing a sovereign bailout, the country is continuing to pursue a bid for the 2020 Olympics. Spanish sports secretary Miguel Cardenal maintains that Madrid winning the Olympics after two failed bids would help the country's economic recovery.

"The Spanish state is calling for its citizens to tighten its belts to accept the need for a degree of sacrifice and the measures are certainly painful," Cardenal said in London. "But we would nevertheless pursue this project," he said, saying that "this is something that will boost our aspirations to have a sustainable economy."

Bidding again, Cardenal insists Madrid will only spend where "absolutely necessary," but pointed out that much of the infrastructure is already in place.

"All of us will have to be very careful indeed in the way we use public funds," Madrid mayor Ana Botella added.

Missing out on the London Games, which start on Friday, appears to have been good fortune for a Spanish government struggling to keep a handle on its debts. Now there's time for a recovery in the Spanish economy long before 2020.

Madrid is competing against Istanbul and Tokyo. The host of the 2020 Olympics and Paralympic Games will be announced on Sept. 7, 2013 in Buenos Aires, Argentina.

?Rob Harris ? Twitter http://twitter.com/robharris

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EDITOR'S NOTE ? "Eyes on London" shows you the Olympics through the eyes of Associated Press journalists across the 2012 Olympic city and around the world. Follow them on Twitter where available with the handles listed after each item, and get even more AP updates from the Games here: http://twitter.com/AP_Sports

Source: http://news.yahoo.com/eyes-london-tribute-women-russia-gaffe-141701921--oly.html

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United Technologies beats Street in second quarter

(Reuters) - United Technologies Corp reported a second-quarter profit that easily topped analysts' expectations and won final regulatory approval on Thursday for its $16.5 billion takeover of Goodrich Corp , setting the stage for the deal to close this week.

Shares of United Tech rose nearly 1 percent in morning trading, as the higher-than-expected profit overshadowed the company's warning that full-year earnings would be roughly flat with 2011 due to the weak European economy.

The world's largest maker of elevators and air conditioners said it would step up its planned restructuring spending to $500 million this year from a prior $450 million target, as it copes with a slowing economy.

This week, the company reached deals to sell two smaller businesses to help fund its largest-ever takeover.

Second-quarter net income attributable to common shareholders came to $1.33 billion, up less than 1 percent from $1.32 billion a year earlier.

Earnings of $1.62 per share from continuing operations beat the analysts' average forecast of $1.41, according to Thomson Reuters I/B/E/S.

Revenue fell 4.6 percent to $13.81 billion from $14.47 billion and below Wall Street estimates of $14.44 billion. Factoring out the weakening euro and the sale of some businesses, revenue would have been up 1 percent.

Late on Wednesday, United Tech agreed to sell some industrial component parts of its Hamilton Sundstrand arm to Carlyle Group LP and BC Partners Ltd for $3.46 billion, just two days after reaching a $550 million deal to sell its Rocketdyne space arm to GenCorp Inc .

The quarterly earnings report treats Rocketdyne and the Hamilton industrial arms -- as well as United Tech's Clipper Windpower and fuel cell businesses, for which the company is still seeking buyers -- as discontinued.

United Tech shares were up 0.8 percent at $73.22 on the New York Stock Exchange, driven by the beat.

"They crushed it," said analyst Brian Langenberg, of Langenberg & Co.

GOODRICH ON TRACK TO CLOSE THIS WEEK

U.S., European and Canadian authorities issued their final approvals on Thursday for the planned takeover of Goodrich. That deal, first agreed to in September, will boost United Tech's annual revenues by about $8 billion a year and expand the Hartford, Connecticut-based company's lineup of aerospace equipment to include landing gear, wheels and brakes.

As a condition of the approval, United Tech will need to sell Goodrich's power generation and small-engine control operations.

United Tech Chief Executive Officer Louis Chenevert shook up his company's portfolio of businesses to get the deal done, putting several business units on the block.

The Hamilton and Rocketdyne deals helped the company sharply reduce the amount of equity needed to issue to fund the Goodrich acquisition. When United Tech announced the deal in September, it had planned to sell $4.6 billion in new common shares. It backed away from that move, which was unpopular with stockholders, and last month sold just $1 billion of convertible notes.

CUTS 2012 VIEW

United Tech lowered its full-year earnings forecast to a range of $5.25 to $5.35 per share, down from an April outlook of $5.30 to $5.50.

The company said it expected 2012 sales of $58 billion to $59 billion, compared with the previous forecast of $61 billion to $62 billion.

The euro's fall against the dollar has hit the industrial sector this quarter, as it diminishes the value of sales made in Europe.

United Tech's industrial peers, including General Electric Co , Honeywell International Inc and Textron Inc have largely beaten Wall Street's expectations for the quarter, easing investor worries about a slowing global economy.

United Tech shares are roughly flat for the year, lagging the 4 percent rise of the Dow Jones industrial average <.dji>.

(Reporting by Scott Malone in Boston; Editing by Lisa Von Ahn)

Source: http://news.yahoo.com/united-technologies-beats-street-second-quarter-144201486--sector.html

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Romney compliments Olympic preparation after tizzy in British press

By NBC's Garrett Haake

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LONDON -- Mitt Romney found that all politics are, in fact,?local after being forced Thursday to clarify remarks about London's preparation for the Olympics, which prompted a minor uproar in the British press.

In his interview last night with NBC?s Brian Williams, Romney called several logistical issues at the 2012 Olympic games here ?disconcerting? -- including a contracted security firm?s failure to provide enough personnel -- and said that a possible planned strike by customs and immigration officials was ?not something which is encouraging.?

Local press seized on the comments, which generated buzz on British television today and which one newspaper columnist called ?derisory." Even Prime Minister David Cameron reacted, pointing out that the London games were being held in a major metropolitan area, not in ?the middle of nowhere,? a comment interpreted as a reference to the games Romney headed in Salt Lake City in 2002.

David Bebber / AFP - Getty Images

David Cameron meets with Mitt Romney at 10 Downing Street in London on July 26.

Romney backtracked somewhat in comments to reporters outside the prime minister's residence, offering effusive praise for the London games, and calling the city's preparation for the event "really quite an accomplishment."

?I don?t know of any Olympics that?s ever been able to run without any mistakes whatsoever, but they?re small, and I was encouraged, for instance to see, things that could have represented a real challenge?such as immigration and customs officers on duty, that is something which was resolved and the people are all pulling together,? Romney said in a short availability with both American and British reporters.

?I?m very delighted with the prospects of a highly successful Olympic games,? Romney responded to a follow-up question. ?What I?ve seen shows imagination and forethought and a lot of organization and I expect the games to be highly successful."

The press availability capped a busy afternoon for the presumptive GOP nominee, who also met with an array of other current and former British leaders, including the deputy prime minister, foreign minister and leader of the opposition Labour Party -- along with former Prime Minister Tony Blair.

Romney also tipped his hand at having met with the director of MI6, the British intelligence agency; the meeting wasn't on Romney's official itinerary, but Romney made reference to the meeting in his remarks.

Press were allowed to record only the opening pleasantries between Romney and his hosts, but aides to the campaign told reporters that a wide range of issues were discussed in each meeting. Romney and Foreign Secretary William Hague discussed economic policy, trade, and the deteriorating situation in Syria.

Romney elaborated somewhat on his discussions about foreign affairs during his comments to reporters, saying he not only discussed Syria but several other regional hot spots, including Iran, Egypt, Pakistan and Afghanistan.

?I don't want to refer to any comments made by leaders representing any other nations,? Romney said when asked to describe the conversations in more detail. ?Nor do I want to describe foreign policy position which I might have while I?m on foreign soil. I think discussions of foreign policy should be made by the president, and the current administration, not by those who are seeking office.?

Romney?s first full day in London comes as the candidate begins a three-nation foreign trip set to also include stops in Israel and Poland, and which mixes private meetings, public appearances and fundraisers with Americans abroad.

Later this evening, Romney will hold one such high-dollar fundraiser at a luxury London hotel, with a minimum ticket price of $25,000 per person. In keeping with US election law, only American citizens will be allowed to donate and attend the fundraiser, and an invitation to the event examined by NBC News says passports will be checked at the door to ensure citizenship.

Afterwards, Romney is expected to attend a reception honoring American athletes at the USA House in the Olympic village. Romney?s experience in running the 2002 Salt Lake City games was a regular topic in his meetings here today, as were his plans for taking in some of the London games.

Romney told Deputy Prime Minister Nick Clegg he planned to attend a swimming event later this week because ?Americans typically do well in swimming.?

Source: http://firstread.msnbc.msn.com/_news/2012/07/26/12970602-romney-compliments-olympic-preparation-after-tizzy-in-british-press?lite

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