Mergers

Using small matched samples of companies which are, and are not, highly involved in acquisition in the period 1986-90, an investigation is mounted to ascertain whether "acquisitiveness" has any impact upon the remuneration of the top directors over and above what one would expect because of the growth in "size". The evidence suggests it does, if returns to share options are included in the measure of remuneration.

Quantifying temporal and spatial variations in sediment, nitrogen and phosphorus transport in stream inflows to a large eutrophic lake

High-frequency sampling of two major stream inflows to a large eutrophic lake (Lake Rotorua, New Zealand) was conducted to measure inputs of total suspended sediment (TSS), and fractions of nitrogen and phosphorus (P). A total of 17 rain events were sampled, including three during which both streams were simultaneously monitored to quantify how concentration–discharge (Q) relationships varied between catchments during similar hydrological conditions. Dissolved inorganic nitrogen (DIN) concentrations declined slightly during events, reflecting dilution of groundwater inputs by rainfall, whereas dissolved inorganic P (PO₄–P) concentrations were variable and unrelated to Q, suggesting dynamic sorptive behaviour. Event loads of total nitrogen (TN) were predominantly DIN, which is available for immediate uptake by primary producers, whereas total phosphorus (TP) loads predominantly comprised particulate P (less labile). Positive correlations between Q and concentrations of TP (and to a lesser extent TN) reflected increased particulate nutrient concentrations at high flows. Consequently, load estimates based on hourly Q during storm events and concentrations of routine monthly samples (mostly base flow) under-estimated TN and TP loads by an average of 19% and 40% respectively. Hysteresis with Q was commonly observed and inclusion of hydrological variables that reflect Q history in regression models improved predictions of TN and TP concentrations. Lorenz curves describing the proportions of cumulative load versus cumulative time quantified temporal inequality in loading. In the two study streams, 50% of estimated two-year loads of TN, TP and TSS were transported in 202–207, 76–126 and 1–8 days respectively. This study quantifies how hydrological and landscape factors can interact to influence pollutant flux at the catchment scale and highlights the importance of including storm transfers in lake loading estimates

Risk Factors for Hospital Admission After a Fall: A Prospective Cohort Study of Community-Dwelling Older People

Background: Falls in later life that require admission to hospital have well-established consequences for future disability and health. The likelihood and severity of a fall will result from the presence of one or more risk factors. The aim of this study is to examine risk factors identified for their ability to prevent falls and to assess whether they are associated with hospital admission after a fall. / Methods: Analyses of data from the English Longitudinal Study of Aging (ELSA), a prospective cohort study. In a sample of 3783 men and women older than 60 years old, a range of potential risk factors measured at Wave 4 (demographic, social environment, physical, and mental functioning) were examined as predictors of fall-related hospitalizations, identified using International Classification of Diseases, 10th Revision (ICD-10) code from linked hospital records in the United Kingdom. Subdistribution hazard models were used to account for competing risk of death. / Results: Several risk factors identified by previous work were confirmed. Suffering from urinary incontinence (subdistribution hazard ratio = 1.49; 95% CI: 1.14, 1.95) and osteoporosis (subdistribution hazard ratio = 1.48; 95% CI: 1.05, 2.07), which are not commonly considered at an early stage of screening, were found to be associated with hospital admission after a fall. Both low and moderate levels of physical activity were also found to somewhat increase the risk of hospital admission after a fall. / Conclusions: Several predictors of having a fall, severe enough to require hospital admission, have been confirmed. In particular, urinary incontinence should be considered at an earlier point in the assessment of risk

Small-sample corrections for score tests in Birnbaum-Saunders regressions

In this paper we deal with the issue of performing accurate small-sample inference in the Birnbaum-Saunders regression model, which can be useful for modeling lifetime or reliability data. We derive a Bartlett-type correction for the score test and numerically compare the corrected test with the usual score test, the likelihood ratio test and its Bartlett-corrected version. Our simulation results suggest that the corrected test we propose is more reliable than the other tests.Comment: To appear in the Communications in Statistics - Theory and Methods, http://www.informaworld.com/smpp/title~content=t71359723

Meteoritic Material Recovered from the 07 March 2018 Meteorite Fall into the Olympic Coast National Marine Sanctuary

On 07 March 2018 at 20:05 local time (08 March 03:05 UTC), a dramatic meteor occurred over Olympic Coast National Marine Sanctuary (OCNMS) off of the Washington state coast (OCNMS fall, henceforth). Data to include seismometry (from both on-shore and submarine seismometers), weather radar imagery (Figure 1), and a moored weather buoy, were used to accurately identify the fall site. The site was visited by the exploration vessel E/V Nautilus (Ocean Exploration Trust) on 01 July 2018 [1] and by the research vessel R/V Falkor (Schmidt Ocean Institute) from 03-06 June 2019. Remotely operated vehicles (ROVs) from both vessels were used to search for meteorites and sample seafloor sediments. These expeditions performed the first attempts to recover meteorites from a specific observed fall in the open ocean. Analysis of weather radar data indicates that this fall was unusually massive and featured meteorites of unusually high mechanical toughness, such that large meteorites were disproportionately produced compared to other meteorite falls (Figure 2)[2-4]. We report the recovery of many (>100) micrometeorite-sized melt spherules and other fragments, and one small (~1mm3 ) unmelted meteorite fragment identified to date. Approximately 80% of the fragments were recovered from a single sample, collected from a round pit in the seafloor sediment. Melt spherules are almost exclusively type I iron-rich spherules with little discernible oxidation. Analyses are currently underway to attempt to answer the primary science question by identifying the parent meteorite type. Also, differences in the number and nature of samples collected by Nautilus and Falkor reveal a distinct loss rate to oxidation over the 15 months following the fall that is useful to inform future recovery efforts

The Importance of Meteorite Collections to Sample Return Missions: Past, Present, and Future Considerations

While much of the scientific community s current attention is drawn to sample return missions, it is the existing meteorite and cosmic dust collections that both provide the paradigms to be tested by these missions and the context for interpreting the results. Recent sample returns from the Stardust and Hayabusa missions provided us with new materials and insights about our Solar System history and processes. As an example, Stardust sampled CAIs among the population of cometary grains, requiring extensive and unexpected radial mixing in the early solar nebula. This finding would not have been possible, however, without extensive studies of meteoritic CAIs that established their high-temperature, inner Solar System formation. Samples returned by Stardust also revealed the first evidence of a cometary amino acid, a discovery that would not have been possible with current in situ flight instrument technology. The Hayabusa mission provided the final evidence linking ordinary chondrites and S asteroids, a hypothesis that developed from centuries of collection and laboratory and ground-based telescopic studies. In addition to these scientific findings, studies of existing meteorite collections have defined and refined the analytical techniques essential to studying returned samples. As an example, the fortuitous fall of the Allende CV3 and Murchison CM2 chondrites within months before the return of Apollo samples allowed testing of new state-of-the-art analytical facilities. The results of those studies not only prepared us to better study lunar materials, but unanticipated discoveries changed many of our concepts about the earliest history and processes of the solar nebula. This synergy between existing collections and future space exploration is certainly not limited to sample return missions. Laboratory studies confirmed the existence of meteorites from Mars and raised the provocative possibility of preservation of ancient microbial life. The laboratory studies in turn led to a new wave of Mars exploration that ultimately could lead to sample return focused on evidence for past or present life. This partnership between collections and missions will be increasingly important in the coming decades as we discover new questions to be addressed and identify targets for for both robotic and human exploration . Nowhere is this more true than in the ultimate search for the abiotic and biotic processes that produced life. Existing collections also provide the essential materials for developing and testing new analytical schemes to detect the rare markers of life and distinguish them from abiotic processes. Large collections of meteorites and the new types being identified within these collections, which come to us at a fraction of the cost of a sample return mission, will continue to shape the objectives of future missions and provide new ways of interpreting returned samples

Microstructure and dielectric function modelling by spectroscopic ellipsometry and energy electron loss spectroscopy of In₂O₃:Sn thin films

Indium tin oxide (ITO) is a semiconducting material combining high conductivity and high transparency in the visible range. It is the most widely used transparent conducting oxide in applications such as flat panel displays. In this work, ITO thin films were deposited by pulsed laser deposition (PLD) onto transparent glass substrates. The substrate temperature and oxygen pressure during deposition were controlled to generate a variety of microstructures and electro-optical properties. Similar film thicknesses were used to avoid any change of carrier concentration. The dielectric function and complex refractive index were derived using spectroscopic ellipsometry and electron energy loss spectroscopy

Analysis of Toxic Amyloid Fibril Interactions at Natively Derived Membranes by Ellipsometry

There is an ongoing debate regarding the culprits of cytotoxicity associated with amyloid disorders. Although small pre-fibrillar amyloid oligomers have been implicated as the primary toxic species, the fibrillar amyloid material itself can also induce cytotoxicity. To investigate membrane disruption and cytotoxic effects associated with intact and fragmented fibrils, the novel in situ spectroscopic technique of Total Internal Reflection Ellipsometry (TIRE) was used. Fibril lipid interactions were monitored using natively derived whole cell membranes as a model of the in vivo environment. We show that fragmented fibrils have an increased ability to disrupt these natively derived membranes by causing a loss of material from the deposited surface when compared with unfragmented fibrils. This effect was corroborated by observations of membrane disruption in live cells, and by dye release assay using synthetic liposomes. Through these studies we demonstrate the use of TIRE for the analysis of protein-lipid interactions on natively derived lipid surfaces, and provide an explanation on how amyloid fibrils can cause a toxic gain of function, while entangled amyloid plaques exert minimal biological activity

A 120-Mpc Periodicity in the Three-Dimensional Distribution of Galaxy Superclusters

Using a new compilation of available data on galaxy clusters and superclusters we present evidence for a quasiregular three-dimensional network of rich superclusters and voids, with the regions of high density separated by about 120 Mpc. We calculate the power spectrum for clusters of galaxies; it has a peak on the wavelength equal to the step of the network; the excess in the amplitude of the spectrum over that of the cold dark matter model is by a factor of 1.4. The probability that the spectrum can be formed within the framework of the standard cosmogony is very small. If the cluster distribution reflects the distribution of all matter (luminous and dark), then there must exists some hithero unknown process that produces regular structure on large scales.Comment: Tex, 6 pages, 2 PostScript figures embedded, accepted by Nature on November 19, 199

Luminous superclusters: remnants from inflation

We derive the luminosity and multiplicity functions of superclusters compiled for the 2dF Galaxy Redshift Survey, the Sloan Digital Sky Survey (Data Release 4), and for three samples of simulated superclusters. We find for all supercluster samples Density Field (DF) clusters, which represent high-density peaks of the class of Abell clusters, and use median luminosities/masses of richness class 1 DF-clusters to calculate relative luminosity/mass functions. We show that the fraction of very luminous (massive) superclusters in real samples is more than tenfolds greater than in simulated samples. Superclusters are generated by large-scale density perturbations which evolve very slowly. The absence of very luminous superclusters in simulations can be explained either by non-proper treatment of large-scale perturbations, or by some yet unknown processes in the very early Universe.Comment: 6 pages, 3 Figures, submitted for Astronomy and Astrophysic