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Prada plans Hong Kong IPO to raise up to $2.6B (AP)

Category : Teen myspace

FILE - In this Jan. 22, 2011 file photo, Hong Kong actress Cecilia Cheung gestures to the journalists upon arrival at the Italian design label Prada fashion show in Beijing, China. Italian fashion house Prada plans to raise up to $  2.6 billion in a listing on Hong Kong's stock exchange, according to a person familiar with the deal, joining other foreign companies flocking to cash in on China's rising fortunes. (AP Photo/Andy Wong, File)AP – Italian fashion house Prada SpA plans to raise up to $ 2.6 billion in a listing on Hong Kong’s stock exchange, according to a person familiar with the deal, joining other foreign companies flocking to cash in on China’s rising fortunes.



Yahoo! News: Fashion News

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National Poll: Economy Forcing Teens to get an Education in Downsizing College Plans

Category : Teen Jobs

Colorado Springs, Colo. (PRWEB) April 23, 2009

On May 1st, high school students will send their tuition deposit checks to the college of their choice, but many students have had to change their plans due to the economic downturn. According to the results of the 2009 “Teens and Personal Finance” Survey conducted by Junior Achievement and The Allstate Foundation, the economy is causing many teens to rethink their college plans. The Teens and Personal Finance Survey attempts to gauge the attitudes and behaviors of teens relative to personal finance concepts such as saving, spending, investing and wise use of credit.

The survey’s key findings include:

•More than half of teens surveyed (55 percent) said their college plans had changed due to the economy.

•More than a third (37 percent) said they would attend college in their home state to save on tuition costs out of state.

•Nearly a third (32 percent) said they were working more to pay for college.

•Eighteen percent said they were going to attend a community college instead of a four-year institution.

Demonstrating that students already in college are feeling the economic pinch as well, a recent Sallie Mae study showed that up to 30 percent of students who used credit cards for tuition, books and other direct college expenses last year charged an average of $ 2,200, up from $ 942 four years ago–an increase of 133 percent. The study suggests that students are using credit cards instead of other types of financial aid, including grants and private loans. And, recent reports suggest that many college graduates are entering the workforce saddled with more college debt than they can realistically expect to repay, given the current job market. According to a Web site specializing in financial aid, the average cumulative debt among graduating college seniors is about $ 22,500.

Jack E. Kosakowski, president of Junior Achievement USA, commented on the Junior Achievement/Allstate survey results, “Regardless of the economic climate, teens need to understand and be able to apply basic money management skills–such as budgeting, saving and investing–so they can make appropriate financial decisions, including around how to pay for college. Junior Achievement infuses age-appropriate financial literacy concepts throughout our K-12 curricula so that students learn how to make wise money management habits from the start.”

Junior Achievement and The Allstate Foundation have partnered to create personal finance teaching tools that parents can use to talk to their children about the importance of learning and using sound money management skills–including how to pay for college. The twelve lessons are downloadable free of charge at http://www.ja.org/programs/programs_save_usa_materials_parents.shtml.

The 2009 Teens and Personal Finance poll was conducted by Opinion Research Corporation the week of February 23, 2009, and surveyed 1,000 U.S. teens ages 12-17 via telephone. Its margin of error is +/- 3.2 percent.

About Junior Achievement® (JA)

Junior Achievement is the world’s largest organization dedicated to inspiring and preparing young people to succeed in a global economy. Through a dedicated volunteer network, Junior Achievement provides in-school and after-school programs for students which focus on three key content areas: work readiness, entrepreneurship, and financial literacy. Today, 137 individual area operations reach more than four million students in the United States, with an additional five million students served by operations in 123 other countries worldwide. For more information, visit www.ja.org.

About The Allstate Foundation

Established in 1952, The Allstate Foundation is an independent, charitable organization made possible by subsidiaries of The Allstate Corporation. The Allstate Foundation strives to make our communities and our nation a better and safer place to live through partnerships with non-profit organizations promoting “safe and vital communities,” “tolerance, inclusion, and diversity” and “economic empowerment.” Teen safe driving and building financial independence for domestic violence survivors have been priority issues for the Foundation since 2005.

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Netflix raises prices for some subscription plans (AP)

Category : Teen News

AP – Netflix Inc. is raising the prices of some of its subscription plans and is shifting its focus to streaming video as more members move to the Internet to watch movies and television shows. Its shares surged more than 7 percent in trading Monday.
Yahoo! News: Movie News

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Some Diet Plans For Overweight Teenage Boys

Category : Teen News

If you have ever been looking for diet plans for overweight teenage boys, then you are in luck. Many teenage boys are overweight, even some of the more active ones. From football players to baseball players, overweight teenage boys can be found doing all sorts of different things. It does not matter what race they are or what types of activities they do or what all they eat for supper. Overweight teenage boys can be found from all walks of life.

Many have a stereotypical idea that all overweight teenage boys indulge in video games for hours upon end and simply do not get the proper exercise that is required in order to help maintain a healthy body weight. Unfortunately, this is not always the case. Even in teenage boys that participate in active sports, some will find themselves still being overweight. Whether they play tennis, golf, baseball, or chess, these overweight teenage boys are found in each and every niche.

Finding the right diet plans for overweight teenage boys can be extremely difficult. Even if you find the right exercise plan for the particular teenager, it might simply not be enough. One might try to resort to other methods, such as diet pills, but this is not always the best way to go. Sometimes the answer can be much  simpler than to resort to buying diet pills. Sometimes, the answer is as simple as taking a combination of actions in order to help that teenager lose weight.

The first step is to ensure that the teenager is on a good, healthy diet. Remember that teenagers are always growing, and so they need more energy than you might think. This can make it hard to determine just how much is too much, but with time and patience, and a little luck, you can usually determine what is just right for your specific teenager. Not only should you pay attention to how much is in the diet, but you must also pay attention to what is in the diet. Growing teenagers need a wide variety of nutrients. Vitamin and other dietary supplements can help to ensure that your teenager is getting all of the vitamins and nutrients he needs, though you cannot depend entirely on them.

After having determined the right diet for your teenager, try to get him on an exercise plan that helps to ensure that he is active. If he is already involved in active sports, then this, combined with his new healthy diet, should help to ensure that your teenager begins to lose weight. It can be truly amazing how much of a difference dieting and exercise when combined can make in a teenage boy’s life, or in the lives of others. He will have more energy and be more confident in himself and his abilities. Diet plans for overweight teenage boys can be the perfect way to motivate your teenager and help him feel good about himself.