Grounded space tourist wants 21 million refund: related news

Grounded space tourist wants $21 million refund

CAPE CANAVERAL, Florida (Reuters) - A Japanese businessman who trained for a 10-day flight aboard the International Space Station has sued to get his money back, claiming he was defrauded of $21 million by the U.S. firm that arranged the venture.

SPACE: Chinese Space Walkers Stalk The Space Station

November 3, 2008: On September 27th, a Chinese Shenzhou space capsule came within 45 kilometers of the International Space Station, and two of the three crewmen made the first Chinese space walk (going outside the spacecraft in their space suits.) Later, a small, 88 pound microsatellite (the BX-1) was released from the Shenzhou. This was supposed to be a science experiment, but the fact that the Shenzhou came so close to the International Space Station, and then released a smaller, maneuverable (via small gas jets) BX-1, indicated another satellite destruction drill. The BX-1 could easily have been directed at the nearby space station, and destroyed it.

Russia's Soyuz spacecraft carrying US tourist docks with ISS

Russian Soyuz spacecraft TMA-13 carrying US space tourist Richard Garriott has docked with the International Space Station (ISS), RIA Novosti news agency reported today quoting Russia's Mission Control official. The Soyuz TMA-13 craft, which blasted off from the Baikonur space centre in Kazakhstan on Sunday, brought US astronaut Mike Fincke, Russian cosmonaut Yury Lonchakov and US space tourist Garriott to the ISS. Mr Garriott will conduct a variety of scientific experiments during his ten-day stay on the orbiting station. The son of US astronaut Owen Garriott, the sixth space tourist to travel to the ISS made his fortune in online computer games, including the popular Ultima Online. He reportedly paid 30 million dollars for the trip to the ISS.

SPACEHAB Sees Opportunity in Space Florida's Launch Complex

SPACEHAB, Incorporated (NASDAQ:SPAB), and its Astrotech subsidiary, leading providers of commercial space services, join with Space Florida in recognizing the immense opportunities for America's commercial space program in the joint Air Force Space Command and Space Florida Dedication Ceremony of Launch Complex 36. The Ceremony marked the symbolic "groundbreaking" following the announcement by the Air Force Space Command of its commitment to commercial space and its intention to lease LC36 at Cape Canaveral Air Force Station to Space Florida. The U.S. Air Force's official "intent to lease" the site to Space Florida includes the build-out of the launch pad to support multiple-customers and multi-vehicle configurations for commercial, civil and military customers.

The Number of Total Mobile Subscribers in Italy Will Increase from 92.8 Million in 2008 (Previously 92.5 Million) to 97.2 Million (Previously 96.9 Million) in 2010

The Number of Total Mobile Subscribers in Italy Will Increase from 92.8 Million in 2008 (Previously 92.5 Million) to 97.2 Million (Previously 96.9 Million) in 2010

The Hanover Insurance Group Reports Third Quarter Results

WORCESTER, Mass., Oct. 30 /PRNewswire-FirstCall/ -- Third Quarter 2008 Financial Highlights -- Segment income after tax of $3.3 million, or $0.07 per share, compared to $51.7 million, or $0.98 per share, in the prior-year quarter(1), which included the after-tax net impact of catastrophes of $63.8 million, or $1.25 per share, in the third quarter of 2008, and $16.3 million after tax, or $0.31 per share, in the third quarter of 2007. -- Pre-tax catastrophe and related storm losses of $98.2 million in the current quarter, consistent with the company's pre-released estimate of $95 million to $100 million. -- Net loss of $61.8 million, or $1.21 per share, included $52.8 million of realized losses on investments, or $1.04 per share, and a loss from discontinued operations of $18.

It's Official, Australia Needs a Space Agency

Dante_J writes "In the final report published by the Australian Senate inquiry into 'The Current State of Australia's Space Science & Industry Sector' entitled 'Lost in Space? Setting a new direction for Australia's space science and industry sector,' it calls for the formation of a 'Space Industry Advisory Council' to oversee the creation of a fully-fledged Australian Space Agency. Of the top 20 GDP nations, Australia is the only one without a Space Agency, which impacts on many aspects of ordinary life, not to mention Research and Engineering endeavors. Every satellite operated by Australia is owned by another party and the costs of this alone are comparable to that of a Space Agency. The report is a tidy piece that drew upon submissions form Andy Thomas, and an impressive collection of Australian Academics and Space Science entities fr

Al Salam Bank-Bahrain reports net profit of US$60.1 million

(MENAFN Press) Al Salam Bank Bahrain announced a net profit of BD22.7 million (US$60.1 million) for the nine month period ended 30 September 2008 registering increase of 30% compared to BD17.4 million (US$46.2 million) for the corresponding period in 2007. The earnings per share for the period were 18.9 fils against 14.5 fils for the corresponding period in 2007. The results represent a quarterly net profit of BD7.4 million (US$19.6 million) for the quarter ended 30 September 2008 compared to BD3.3 million (US$8.8 million), an increase of 120%, in the corresponding quarter in 2007.

Space Tourist Simonyi Prepares For Second Flight

Toren Altair writes "Space Adventures announced today that Charles Simonyi, Ph.D., intends to train with the Soyuz TMA-14 crew in preparation for a spring mission in 2009 to the International Space Station. Simonyi flew his first space mission in 2007. He would be the first space tourist to repeat the experience. Space Adventures' sixth orbital spaceflight participant, Richard Garriott, son of NASA astronaut Owen Garriott, is currently scheduled to launch to the ISS on October 12 of this year."

International Space Station changes orbit awaiting tourist: report

The International Space Station as seen from the US space shuttle Discovery in June 2008. The orbital path of the International Space Station was successfully adjusted Saturday to accommodate the landing of the world's sixth space tourist in eight days time, Interfax reported citing Russian space programme officials.

Space tourist backs access to space station

U.S. space tourist Richard Garriott speaks during his first news conference since returning to earth in Star City, outside Moscow. Garriott said that NASA, the Russian space agency and other officials need to give private entrepreneurs broader access to the international space station.

Sony Ericsson moves to net loss in Q3

Sony Ericsson reported a net loss of EUR 25 million for the third quarter, versus a profit of EUR 267 million in the year-earlier period. The result included EUR 35 million in restructuring charges for the company's plans to cut EUR 300 million in annual costs by mid-2009. The operating result moved to a loss of EUR 33 million from a profit of EUR 393 million a year ago, and revenues fell 10 percent to EUR 2.81 billion. The company attributed the sales drop to negative currency effects and a shift in the product mix towards more low-end devices. Sony Ericsson shipped 25.7 million mobile phones in the quarter, down from 25.9 million a year ago but up from 24.4 million in the second quarter. The company said the average selling price of EUR 109 per phone was down both year-on-year and sequentially, and price pressure and competition in the

NY art market 'flippers' flop

Over the past two weeks in New York, a Malevich painting sold for $60 million, a Degas work on paper for nearly $40 million and a Munch vampire scene (!) for nearly $40 million; then, on the contemporary side, a Basquiat went for $13.5 million, a Richter for $15 million, a Klein sponge ensemble for more than $21 million, a John Currin for $5.5 million – yes, John Currin, and yes, $5.5 million. And this, my friends, was called variously a slump, a disappointment, the bottom falling out and a brutal disaster.

India's mobile subscriber base hits 315 mln in September

The number of subscribers to phone services in India grew to 353.66 million at the end of September, from 343.87 million in August. According to figures from market regulator TRAI, the overall teledensity increased to 30.64 percent from 29.83 percent in August. In the mobile segment, 10.07 million subscribers were added in September, up from 9.16 million subscribers in August. The total mobile subscriber base was 315.31 million at the end of September. The wireline subscriber base decreased to 38.35 million at the end of September from 38.63 million. Total broadband connections in India increased to 4.90 million versus 4.73 million.

BOA - Bank of Alexandria SAE, publishing its financial statements for the first nine months of 2008.

BOA - Bank of Alexandria SAE, now 80 % majority, controlled by San Paolo Bank of Italy, operating under the Central Bank Law 88/ 2003, capitalized at L.E. 800 million, fully paid up, has posted for the first 9 months of 2008 some L.E. 344 million net profits on L.E. 778.8 million net operating revenues after deducting L.E. 1,595.4 million costs of borrowing & deposits. Figures compare with L.E. 578.8 million profits posted for the same period in 2007 on L.E. 994.8 million net operating revenues after deducting L.E. 1,427.9 million costs of borrowing & deposits. Development is mainly attributed to incurring re-evaluation losses of investments for trading put at L.E. 347.2 million & that compares with L.E. 138.3 million revenues posted for the same period in 2007.

BNP - Paribas Bank SAE publishing its financial statements for the first nine months of 2008.

BNP Paribas Bank SAE, operating under the investment law, capitalized at L.E. 1.7 billion, fully paid up, has posted for the first nine months of 2008 some L.E. 213.8 million net profits before taxes on L.E. 533.1 million net operating revenues after deducting L.E. 819 million costs of borrowing & deposits. Figures compare with L.E. 57.5 million profits posted for the same period of 2007 on L.E. 249.1 million net operating revenues after deducting L.E. 546 million costs of borrowing & deposits. Meanwhile customers' loans & credits, after deducting relevant provisions, as at 9/30/2008 have increased to L.E. 4,525 million up from L.E. 2,853 million nine months ago. As regards customers' deposits so they have also increased to L.E. 12,607 million up from L.

ING reports underlying net loss of EUR 585 million in 3Q

Underlying net loss of EUR 585 million driven by crisis in the financial markets * Pre-tax impairments on equities, pressurised assets and other debt securities totalling EUR 1,505 million * Negative revaluations through P&L on real estate and private equity totalling EUR 333 million * Negative impact of other market-related items of EUR 265 million through P&L * Net loss of EUR 478 million in line with preliminary results announced on 17 October * Net loss per share of EUR 0.22, compared to net profit per share of EUR 1.08 in third quarter of 2007 * Net profit of EUR 2,982 million year-to-date, versus EUR 6,759 million for the first nine months of 2007 * Sound commercial performance despite difficult operating environment * Net production of client balances up EUR 38 billion, excluding impact of currencies, to EUR 1,528 billion * Retai

ING reports underlying net loss of EUR 585 million in 3Q

Underlying net loss of EUR 585 million driven by crisis in the financial markets * Pre-tax impairments on equities, pressurised assets and other debt securities totalling EUR 1,505 million * Negative revaluations through P&L on real estate and private equity totalling EUR 333 million * Negative impact of other market-related items of EUR 265 million through P&L * Net loss of EUR 478 million in line with preliminary results announced on 17 October * Net loss per share of EUR 0.22, compared to net profit per share of EUR 1.08 in third quarter of 2007 * Net profit of EUR 2,982 million year-to-date, versus EUR 6,759 million for the first nine months of 2007 * Sound commercial performance despite difficult operating environment * Net production of client balances up EUR 38 billion, excluding impact of currencies, to EUR 1,528 billion * Retai

ING reports underlying net loss of EUR 585 million in 3Q

Underlying net loss of EUR 585 million driven by crisis in the financial markets * Pre-tax impairments on equities, pressurised assets and other debt securities totalling EUR 1,505 million * Negative revaluations through P&L on real estate and private equity totalling EUR 333 million * Negative impact of other market-related items of EUR 265 million through P&L * Net loss of EUR 478 million in line with preliminary results announced on 17 October * Net loss per share of EUR 0.22, compared to net profit per share of EUR 1.08 in third quarter of 2007 * Net profit of EUR 2,982 million year-to-date, versus EUR 6,759 million for the first nine months of 2007 * Sound commercial performance despite difficult operating environment * Net production of client balances up EUR 38 billion, excluding impact of currencies, to EUR 1,528 billion * Retai

Timberland Bancorp Earns $1.35 Million in Fiscal Fourth Quarter

Timberland Bancorp, Inc. (NASDAQ: TSBK) ("Timberland"), the holding company for Timberland Bank ("Bank"), today reported fiscal fourth quarter profits of $1.35 million, or $0.21 per diluted share after a $1.50 million addition to its loan loss reserves, compared to earnings of $2.16 million, or $0.32 per diluted share for the fiscal fourth quarter of 2007. For the fiscal year ended September 30, 2008, Timberland reported earnings of $4.01 million, or $0.61 per diluted share compared to earnings of $8.16 million, or $1.17 per diluted share for the fiscal year ended September 30, 2007. Profit for the year ended September 30, 2008 reflects the non-recurring charge of $2.59 million ($0.39 per diluted share) taken in June as a result of the Company's withdrawal of its investment in the AMF family of mutual funds.

Timberland Bancorp Earns $1.35 Million in Fiscal Fourth Quarter 2008

Timberland Bancorp, Inc. (NASDAQ: TSBK) ("Timberland"), the holding company for Timberland Bank ("Bank"), today reported fiscal fourth quarter profits of $1.35 million, or $0.21 per diluted share after a $1.50 million addition to its loan loss reserves, compared to earnings of $2.16 million, or $0.32 per diluted share for the fiscal fourth quarter of 2007. For the fiscal year ended September 30, 2008, Timberland reported earnings of $4.01 million, or $0.61 per diluted share compared to earnings of $8.16 million, or $1.17 per diluted share for the fiscal year ended September 30, 2007. Profit for the year ended September 30, 2008 reflects the non-recurring charge of $2.59 million ($0.39 per diluted share) taken in June as a result of the Company's withdrawal of its investment in the AMF family of mutual funds.

Space Tourist Garriott Docks with Station (Videos)

The Soyuz TMA-13 carrying Expedition 18 to the International Space Station (ISS) has successfully docked, delivering astronaut Mike Fincke, cosmonaut Yuri Lonchakov and space tourist Richard Garriott. The Soyuz spaceship docked with the Zarya module ahead of schedule over breathtaking views of southern Asia. Richard Garriott, a 47 year-old computer games entrepreneur and son of retired US astronaut Owen Garriott, spent $30 million for the privilege of spending ten days travelling to, and living on the orbital outpost. To appreciate how the Earth has changed in the 35 years since his father first looked down on Earth from the US Skylab space station, Garriott Jr. will spend some of his time taking photos of our planet so the images can be compared…

US video game guru heads for space as tourist

US space tourist Richard Garriott in his space suit at the Baikonur cosmodrome in Kazakhstan on October 12. The American millionaire video game guru has followed in his astronaut father's footsteps by blasting off aboard a Russian rocket to become the world's sixth space tourist.

US video game guru heads for space as tourist (AFP)

US space tourist Richard Garriott in his space suit at the Baikonur cosmodrome in Kazakhstan on October 12. The American millionaire video game guru has followed in his astronaut father's footsteps by blasting off aboard a Russian rocket to become the world's sixth space tourist.

Hubble Space Telescope Exhibit Set for Grand Opening at Kentucky Space Center Visitor Complex

KENNEDY SPACE CENTER, FL – Celebrating the stunning discoveries of one of the greatest telescopes ever built, Eye on the Universe: The Hubble Space Telescope exhibit debuted at Kennedy Space Center Visitor Complex on Friday, October 3, 2008. The exhibit opens prior to the launch of Space Shuttle Atlantis on the fifth and final shuttle mission to NASA's Hubble Space Telescope.

Search took 0.59 seconds.