Guyana Inquirer

Gap raises profit outlook, shares rise

admin — Fri, 18 May 2012 18:40:46 +0000

(Reuters) – Gap Inc raised its yearly profit forecast, prompted by first-quarter earnings that topped Wall Street estimates and rising sales, and its shares rose 8 percent after hours. For the full year, Gap estimated earnings of $1.78 to $1.83 a share, above the $1.75 to $1.80 it forecast in February. “It’s important to remain measured in our outlook given that our biggest selling seasons are still ahead of us,” said Chief Financial Officer Sabrina Simmons. Given the first quarter beat, “the current forecast does appear to be conservative,” said Betty Chen, an analyst with Wedbush Securities. …

Disco queen Donna Summer dies at 63

admin — Fri, 18 May 2012 18:40:46 +0000

LOS ANGELES (Reuters) – Disco queen Donna Summer, whose sultry voice and pulsing rhythms on hits like “Last Dance” and “Love to Love You Baby” defined the 1970s disco era, died of cancer on Thursday at age 63. Summer, who won five Grammys and sold more than 130 million records worldwide, died surrounded by her family in Naples, Florida, publicist Brian Edwards said. He declined to specify what type of cancer caused her death. “Early this morning, surrounded by family, we lost Donna Summer Sudano, a woman of many gifts, the greatest being her faith. …

Adele notches up two Ivor Novello songwriting awards

admin — Fri, 18 May 2012 18:40:46 +0000

LONDON (Reuters) – British singer Adele won two Ivor Novello awards for songwriting on Thursday, adding to a lengthening list of musical accolades, but she lost out in the best album and song categories. The 24-year-old chart queen picked up two coveted Ivor Novello prizes for the most performed song of 2011 (“Rolling in the Deep”) and songwriter of the year. …

Best dress? Eva Longoria or Diane Kruger: Twitter highlights from Cannes

admin — Fri, 18 May 2012 18:40:46 +0000

Following the opening of the 65th Cannes Film Festival Twitter users are buzzing about the dresses from the red carpet and lavishing praise on Diane Kruger who ‘wowed again’ and Eva Longoria; a selection of comments can be found below in this latest in a series of articles from Relaxnews examining social media reaction to the Cannes Film Festival.

Pamela Love and Fashion.me site among ‘most creative’ winners

admin — Fri, 18 May 2012 18:40:46 +0000

Jewelry designer Pamela Love features in US magazine Fast Company’s annual ranking of the “100 Most Creative People in Business,” which also honors sites including Fashion.me and Moda Operandi.

Historic diamond sells for $9.7 mn

admin — Fri, 18 May 2012 18:40:46 +0000

A centuries-old diamond passed down through generations of European royalty fetched nine million Swiss francs ($9.7 million) at auction in Geneva on Tuesday.

Travolta accuser hires celebrity lawyer Allred

admin — Fri, 18 May 2012 18:40:45 +0000

LOS ANGELES (Reuters) – The masseur whose $2 million sexual battery lawsuit against Hollywood actor John Travolta was dismissed earlier this week hired celebrity attorney Gloria Allred on Wednesday and could file a new claim. Allred, who numerous high-profile cases over the years have included representing women involved in the Tiger Woods sex scandal, said on Wednesday that she is now the attorney for “John Doe No. 1″ and will be consulting with the masseur on his next steps in the case that has made headlines worldwide. “Mr. …

Britney is back – and so are the brickbats

admin — Fri, 18 May 2012 18:40:45 +0000

LOS ANGELES (Reuters) – Britney Spears hasn’t even taken her seat as the new judge of “The X Factor,” but the pop icon is already getting a lesson in the media glare of live, talent show television. Spears had barely wrapped up an appearance in New York confirming she is joining the singing contest before the celebrity knives were out, raising the question of how well the singer, who went through a public meltdown in 2007, can handle all the newfound attention. …

Britney is back – and so are the brickbats

admin — Fri, 18 May 2012 18:40:45 +0000

Venezuelan-born academic named president of MIT

admin — Fri, 18 May 2012 18:40:45 +0000

CAMBRIDGE, Massachusetts (Reuters) – The Massachusetts Institute of Technology on Wednesday named Rafael Reif, an electrical engineer born in Venezuela who has been the university’s provost since 2005, as its 17th president. Reif, 61, replaces Susan Hockfield, the first female president of MIT, who announced in mid-February that she was stepping down after almost eight years leading one of the most prestigious universities in the United States. Reif will take up his post at the Cambridge, Massachusetts, university on July 2, the first MIT president not to be a native English speaker. …