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Get your copy today! My new book tackles the question of why so many bad ideas come from the law schools. "Cutting-edge commentary, hard-hitting, witty, astute." -- Publisher's Weekly. "Excellent... A fine dissection of these strangely powerful institutions" -- Wall Street Journal.
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U.S.A.'s Heather O'Reilly (9) celebrates her goal against Mexico during the first half of CONCACAF Women's Olympic Qualifying soccer at B.C. Place in Vancouver, British Columbia Tuesday, Jan. 24, 2012. (AP Photo/The Canadian Press, Jonathan Hayward)
U.S.A.'s Heather O'Reilly (9) celebrates her goal against Mexico during the first half of CONCACAF Women's Olympic Qualifying soccer at B.C. Place in Vancouver, British Columbia Tuesday, Jan. 24, 2012. (AP Photo/The Canadian Press, Jonathan Hayward)
U.S.A.'s Amy Rodriguez (8) fights for control of the ball with Mexico's Alina Garciamendez Rowold (4) during the first half of CONCACAF Women's Olympic Qualifying soccer at B.C. Place in Vancouver, British Columbia Tuesday, Jan. 24, 2012. (AP Photo/The Canadian Press, Jonathan Hayward)
U.S.A.'s Amy Lepeilbet (6) fights for control for the ball with Mexico's Dinora Garza (10) during the first half of CONCACAF Women's Olympic Qualifying soccer at B.C. Place in Vancouver, British Columbia Tuesday, Jan. 24, 2012. (AP Photo/The Canadian Press, Jonathan Hayward)
U.S.A.'s Heather O'Reilly (9) fights for control of the ball with Mexico's Rosario Saucedo (15) during the first half of CONCACAF Women's Olympic Qualifying soccer at B.C. Place in Vancouver,British Columbia Tuesday, Jan. 24, 2012. (AP Photo/The Canadian Press, Jonathan Hayward)
U.S.A.'s Carli Lloyd (10) fights for control of the ball with Mexico's Veronica Perez (17) during the first half of CONCACAF Women's Olympic Qualifying soccer at B.C. Place in Vancouver, British Columbia Tuesday, Jan. 24, 2012. (AP Photo/The Canadian Press, Jonathan Hayward)
VANCOUVER, British Columbia (AP) ? The U.S. women's soccer team was still on the field, having dispatched rival Mexico, when Abby Wambach gathered her teammates for a little speech.
The message: "We haven't done anything yet."
The Americans avenged one of their most shocking losses Tuesday night, and did so emphatically. A pair of early goals put to rest any notion of another upset by the neighbor to the south, and Carli Lloyd scored her first international hat trick in a 4-0 victory that clinched first place in the Americans' group and put them a major step closer to the London Olympics.
But hang on. Next up is the one game in this tournament that matters most, the London-or-bust semifinal against Costa Rica on Friday. The winner gets one of the two available berths for the Olympics; the loser stays home.
"The next game is the game that we need to be prepared for, and that matters the most," goalkeeper Hope Solo said. "She made sure that we didn't celebrate too much today."
Wambach and her teammates remember all too well the sting from a 2-1 defeat against Mexico in Cancun in a World Cup qualifier 14 months ago, the only time in 28 tries the Mexicans have beaten the Americans. That loss forced the U.S. into a backdoor playoff just to qualify for the World Cup ? and served as a wakeup call that the top-ranked team in the world can't take important games for granted any more.
"This was the exact same position that we were in, in Mexico in 2010," Wambach said. "We haven't done anything. We still have one game left. That's what I said ? stay focused.
"It's simple. I think everybody knows it. I think everybody understands it. But I also think that in hindsight we wish we had said something like that prior to that game. Because we didn't say those things, I didn't want to leave any stone unturned. And that's kind of what that speech was about."
The Americans will be heavily favored in the semis. Costa Rica is ranked No. 41 in the world and has never beaten the U.S., having been outscored 34-0 in seven meetings. Had the Americans lost to Mexico on Tuesday, they would have faced a much tougher semifinal against host Canada.
Instead, it will be Mexico vs. Canada in the other semi that will produce the tournament's second Olympic berth.
The lessons from Cancun have been prevalent during this entire CONCACAF tournament. The Americans routed their first two opponents ? Dominican Republic and Guatemala ? by scores of 14-0 and 13-0, the most lopsided results in U.S. team history.
Keeping with that theme, coach Pia Sundhage wanted a strong start against the Mexicans, and she got one. The Americans controlled the run of play early, and it paid off when Lloyd headed in the rebound in the seventh minute after Rachel Buehler clanged a shot off the post following a corner kick.
A minute later, the lead was doubled. Amy Rodriguez's cross was deflected by a defender and then by goalkeeper Cecilia Santiago straight to Heather O'Reilly for an easy goal.
Lloyd also netted in the 57th and 86th as the Americans avoided a repeat of a Mexican upset ? and wrapped up group play with three wins by a combined score of 31-0.
"It was redemption for us," Lloyd said. "We came out strong and knew we had to get it done."
The Mexicans, buoyed by a vocal and slightly pro-Mexico crowd of 7,599 at BC Place, worked hard on the counterattack for a goal, but the American back four of Buehler, Becky Sauerbrunn, Christie Rampone and Amy LePeilbet cleared nearly every serious threat, leaving goalkeeper Hope Solo without much work to earn her third shutout of the tournament.
That was probably for the best. Solo revealed after the game that she has "a little quad pull" that nearly caused her to ask for a sub. She hopes she'll be fine for the semifinals.
The defensive performance was especially heartening for the Americans given the absence of Ali Krieger, who tore two ligaments in her right knee against the Dominican Republic and likely won't be back in time for the Olympics. As a tribute to Krieger, each American player had the word "liebe" ? German for "love" ? written on her arm. Krieger, who has played five seasons in the German league for FFC Frankfurt, has a tattoo with the word on her left arm.
"Ali will be a part of this team ? whether she's here or not," Wambach said.
___
Joseph White can be reached at http://twitter.com/JGWhiteAP
Associated Presssteve wozniak steve wozniak legarrette blount pharrell pharrell silver bullet joshua komisarjevsky
NEW YORK ? Intel Corp., the world's largest chip-maker, on Thursday said its profit rose 6 percent in the latest quarter, topping analyst expectations, even as hard-drive shortages held back PC makers' chip orders.
The Santa Clara, Calif., company also provided a forecast for the new quarter that matched analyst expectations.
Intel's results, like Apple's in recent quarters, have benefited from the economic surge in China and other developing countries, where many people are buying PCs for the first time. Intel processors go into about four out of five PCs built.
CEO Paul Otellini expects China to continue to drive Intel's sales, noting on a conference call with analysts that the country's is now the world's largest PC market, even though just 35 percent of Chinese households have PCs. In the U.S., 90 percent of households have PCs.
At the same time, growing Internet use is driving demand for servers, where Intel processors are now the No. 1 choice as well.
However, Intel had to scale back sales expectations in the middle of the quarter because of disastrous floods in Thailand, which knocked out factories that produce hard drives and hard drive components. Computer makers cut production, and chip purchases, because of the parts shortages.
The latest results were at the high end of Intel's mid-quarter forecast range.
Fourth-quarter net income was $3.36 billion, or 64 cents per share, up from $3.18 billion, or 56 cents per share, a year earlier.
Excluding some one-time charges related to acquisitions, earnings totaled 68 cents per share, beating the 61-cent estimate of analysts polled by FactSet
Revenue rose 21 percent to $13.9 billion from $11.5 billion. Analysts were expecting $13.7 billion.
Excluding last year's acquisitions of security company McAfee Inc. and a unit of Infineon AG that makes modem chips for cellphones, Intel's annual revenue grew 15 percent from 2010.
The company says it expects between $12.3 billion and $13.3 billion in first-quarter revenue, straddling the analyst forecast of $12.8 billion.
Intel is also gearing up for its biggest advertising campaign since 2003. This spring, it will promote "ultrabooks," which are thin, light and powerful laptops in the vein of the MacBook Air. Intel has prodded PC makers to produce such models, and they've responded enthusiastically.
While Intel is stronger than ever on the PC side, it's facing a new threat in the form of cellphone-style chips made by Texas Instruments Inc., Qualcomm Corp., Nvidia Corp. and others. These chips have taken the step from powering cellphones to tablets, and could be encroaching on Intel's PC market next year.
To fight back, Intel is moving its chips into cellphones. Last week, it announced that Lenovo Corp. will be making an Intel-powered smartphone for China, and Motorola Mobility Holdings Corp. of the U.S. has committed to using Intel chips for smartphones and tablets.
Intel shares added 19 cents to $25.82 in extended trading, after the release of the results. Shares had risen 24 cents to $25.63 on Thursday.
For the full year, Intel had net income $12.9 billion on $54 billion in revenue. That was up from $11.5 billion on $43.6 billion in revenue in 2010.
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NEW YORK (Reuters) ? Stocks jumped to their highest since July on Wednesday as the International Monetary Fund sought to help countries hit by the European debt crisis, while forecast-beating earnings from Goldman Sachs dispelled some worries over bank profits.
The stronger-than-expected earnings from Goldman Sachs Group Inc (GS.N) followed disappointing results from Citigroup (C.N) on Tuesday and JPMorgan Chase & Co (JPM.N) last week.
Goldman shares shot up 6.8 percent to $104.31, while the S&P financial sector (.GSPF) rose 1.7 percent, leading the S&P 500 higher.
The banking sector has outperformed the broader market so far this year, but the financials sector was the S&P 500's weakest-performing one last year.
While the Goldman results supported financial shares, the IMF's willingness to bolster its crisis-fighting resources gave the sector a big push. Financials had suffered throughout 2011 on worries that Europe's debt crisis would hit banks globally.
"Any time liquidity is added to the financial system, it gives financials a little bit of breathing room, and it will result in higher prices for the banks," said Kevin Caron, market strategist at Stifel, Nicolaus & Co, in Florham Park, New Jersey.
The IMF is seeking to boost its war chest by $600 billion to help countries reeling from the crisis, even though some nations insist Europe must first do more to support ailing members, according to sources.
Home builders' shares surged after data showed U.S. homebuilder sentiment unexpectedly jumped in January to its highest level in 4-1/2 years. The PHLX housing index (.HGX) climbed 3.1 percent, while the Dow Jones home construction index (.DJUSHB) rose 4.4 percent.
The Dow Jones industrial average (.DJI) rose 96.88 points, or 0.78 percent, to close at 12,578.95. The Standard & Poor's 500 Index (.SPX) added 14.37 points, or 1.11 percent, to 1,308.04. The Nasdaq Composite Index (.IXIC) climbed 41.63 points, or 1.53 percent, to close at 2,769.71.
XILINX AND ALTERA UP LATE
After the bell, shares of chipmakers Xilinx (XLNX.O) and Altera (ALTR.O) rose following their earnings reports. Xilinx was up 7 percent from its close of $35.30 and Altera was up 5.1 percent from its close of $40.72.
An index of semiconductor shares (.SOX) climbed 5 percent during the regular session. Intel (INTC.O) is expected to report results on Thursday.
Despite the optimism over the IMF, investors watched cautiously as Greece and its creditors resumed negotiations on terms of a planned debt swap, hoping to overcome an impasse in talks and stave off a painful default.
The benchmark S&P 500 closed above 1,300, a key resistance point that analysts said signal more room to rally if the index stays there.
Within the tech sector, Yahoo Inc (YHOO.O) jumped 3.2 percent to $15.92 a day after co-founder Jerry Yang said he was severing all formal ties with the company he started in 1995. Shareholders had blasted Yang for impeding investment deals that could have transformed the Internet media group.
In other bank results, Bank of New York Mellon Corp (BK.N) slid 4.6 percent to $20.30 after the world's No. 1 custody bank said fourth-quarter earnings fell.
Another big custody bank, State Street Corp (STT.N) slid 6.6 percent to $39.95 after saying it accelerated an expense- control program, a sign it still sees continued weakness in global capital markets.
Financial results will remain in the spotlight, with reports from Bank of America Corp (BAC.N) and Morgan Stanley (MS.N) later this week. Bank of America's stock gained 4.9 percent to $6.80 and Morgan Stanley's shares were up 6.8 percent at $17.35.
"As we've seen, investment banking revenues have been very weak, and we think that's going to be a trend that continues and (there's) also a lot more exposure to Europe in those banks," said Dan Neuger, portfolio manager, head of U.S. and Europe active equities for PineBridge Investments in New York, which has about $70 billion in assets.
In terms of investing, "we don't like the large money-center banks. That's one area we've been away from," he said. "Where we think there is more value is in the regional, more domestically focused smaller banks."
Volume totaled about 7.3 billion shares traded on the New York Stock Exchange, NYSE Amex and Nasdaq, above the daily average of 6.68 billion.
Advancing stocks outnumbered declining ones on the NYSE by a ratio of 4 to 1 while on the Nasdaq, More than three stocks rose for every one that fell.
(Reporting By Caroline Valetkevitch, Additional reporting by Ryan Vlastelica; Editing by Jan Paschal)
In order to breed new varieties of corn with a higher yield faster than ever before, researchers at the University of Hohenheim in Stuttgart, Germany, and other institutions are relying on a trick: early selection of the most promising parent plants based on their chemical and genetic makeup, as well as on new statistical analysis procedures. The work has now been published in the authoritative journal Nature Genetics on Sunday evening, Jan. 15.
The problem is the sheer number: In the family tree of modern-day corn, there are two main groups with 10,000 pure-breed lines each. Each of these lines could potentially be used for producing a new variety by means of cross-breeding. In mathematical terms, that equates to 100 billion possibilities. In terms of corn, however, a parent's performance is no indicator of what potential lies hidden in their offspring. Even the feeblest of parents can produce mighty offspring when cross-bred.
But time is of essence: Currently it takes approximately 10 years for breeders to develop a new variety. Issues such as climate change, food shortages and the increasing demand for more energy, however, are making it essential to find solutions even faster.
Prof. Dr. Albrecht Melchinger, PhD student Christian Riedelsheimer and their research partners are experimenting with a new technique to solve both problems. The best parent plants are selected in two steps, beginning when they are not even planted yet or when they are just small plantlets. This saves time and guarantees the highest rate of success right from the very start.
Use mathematics and experience when selecting
Riedelsheimer takes a tiny sample from a kernel of corn. Not enough to harm the kernel, but enough to get a full picture of its DNA structure. This analysis is conducted jointly by the University of Hohenheim and the IPK Gatersleben.
The rest is mathematics and experience. "We know today that there is no single gene which determines whether a stalk of corn will grow up strong or produce lots of kernels on the cob. Instead there are numerous sequences in its DNA which all contribute to the plant's development. We can now examine up to 56,000 of these sequences using the latest techniques in genome analysis", Riedelsheimer explains.
The analysis does not involve modifying the DNA, but rather creating a unique profile of each parent, a so-called "genome profile" or "genetic fingerprint".
To analyse the fingerprint, scientists have spent the past three years and more planting, cross-breeding, analysing chromosomes and recording yields. The observations in the field have been used to develop a mathematical-statistical model which can be used to predict a parent's genetic potency.
Early selection
The composition of the leaves is a second indicator of which plants make for especially good parents. More specifically, it is about the amounts of starch, sugar, amino acids, chlorophyll and other substances. As with the genetic information, this data allows for a statistical prognosis of a plant's breeding capabilities.
Tests can be conducted to find out the levels shortly after the seeds have been sown, when the plantlets are roughly three weeks old and 20 cm tall. Compared with analysing the plant's genetic structure, taking samples in the field is rather an athletic activity. "The plant's metabolism varies constantly throughout the course of a day and that makes it necessary to collect the leaves quickly and shock freeze the samples immediately", says Riedelsheimer. "All in all we collected 6,000 samples- in just 69 minutes!"
For the technically-challenging task of analysing the substances, plant breeders work in collaboration with experts from the Max Planck Institute for Molecular Plant Physiology in Golm. The rest involves cutting-edge statistics. "Similar to the DNA profile, it is not the individual substances which are important for making predictions, but rather how these substances stand in relation to one another", Riedelsheimer explains.
New technology saves time, money and expensive acreage
"This new technique allows us to select the most promising parents with high accuracy and to focus all of our resources on these", says Prof. Dr. Melchinger.
This method also saves cultivatable land, which, in turn, saves money. "In order to test all possible crosses, we would have to plant corn on half of the earth's surface", a utopian, if not an expensive undertaking. "A single field plot costs us 50 euros. We test on two plots per genotype at ten different locations, making a total of 1,000 euros", Prof. Dr. Melchinger explains. An analysis of the genome using a chip and a robot costs approximately 150 euros.
Impressive as well is the amount of time saved. DNA analysis of the kernels can be conducted during the winter months. Meanwhile, the plantlets to be analysed for their substance composition grow in the greenhouse. As a result, the best parent plants can be chosen and cultivated that same year.
Paradigm shift opens door to new research approaches
Nonetheless, it will take another few years until the new breed is ready. Breeders worldwide also know another trick, especially when it comes to corn. One that has been around for decades.
Prof. Dr. Melchinger describes a paradoxical phenomenon: "With corn, the offspring tend to be especially large when the parents stem from generations of in-breeding." Experts speak of "heterosis", hobby gardeners of "hybrids".
The most promising parent plants are sorted out and self-pollinated over many generations. Only then does cross-pollination take place in preparation for the sowing of the new hybrid variety.
Heterosis as a biological phenomenon has yet to be fully researched in detail, according to Prof. Dr. Melchinger. "We were able to determine in earlier research projects that the reasons for the phenomenon lie in the extremely complex interaction of many different genes."
For researchers, this has led to a paradigm shift. "We've moved away from the search for individual super genes." Instead we focus on the interplay among the diverse elements in the genetic code. "This new perspective on plants will help the hybrid breeding programme immensely", Prof. Dr. Melchinger believes. "There is so much genetic diversity in corn. One must simply know how to combine it in the right way."
###
University of Hohenheim: http://www.uni-hohenheim.de
Thanks to University of Hohenheim for this article.
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LEXINGTON, S.C. ? At first glance, South Carolina seems like a place where attacks on Mitt Romney's experience at the helm of a venture capital firm that cut jobs would resonate in the GOP primary.
The state's unemployment rate hasn't been below 9 percent in three years and a third of its manufacturing jobs have disappeared in the last decade.
But from South Carolina's urban centers to its old mill villages, many workers still view their employers paternalistically, even when their bosses' decisions hurt them. And that may blunt the criticism that Romney is a greedy fat cat who squashes employees while lining his own pockets.
In South Carolina, people have little sympathy for the Occupy Wall Street movement. Low wages and lack of unions are the norm, so much so that economic developers refused to even recruit companies to the state in the 1960s and 1970s if they allowed unions. Less than 5 percent of the state's workers belong to a labor union, one of the lowest rates in the nation, and income per person is just over $33,000, about $7,000 below the national average.
"Once you get hired, the employer has done his part," Kenneth Dock, 59, said outside the unemployment office in Lexington County, a heavily Republican area on the outskirts of Columbia. He was filing for unemployment a few weeks after losing his job in the produce department at a nearby Walmart.
Dock plans to vote in the Jan. 21 GOP primary in South Carolina, but he hasn't decided which candidate to support. Romney is still a possibility.
"People get laid off. People lose their jobs," he said. "It's just a part of business."
Romney, fresh off back-to-back victories in Iowa and New Hampshire, hopes that mindset will have South Carolina Republicans dismissing attacks on his tenure at Bain Capital as he campaigns ahead of the state's primary.
Over the past few days, Romney has faced intense criticism by rivals Newt Gingrich and Rick Perry as they worked to undercut the central rationale of his candidacy ? that his experience in private business makes him the strongest Republican to challenge President Barack Obama on the economy.
Perry likened the private equity firm to "vultures" that ruin workers' lives. And Gingrich has demanded answers about how many jobs were lost under Romney.
The criticism is certain to make its way into hard-hitting TV advertisements in the coming days, with outside groups aligned with the candidates ? called super PACs ? doing most of the dirty work. One supporting Gingrich plans to spend $3.4 million to run ads on this subject as well as air part of a documentary about Bain called "When Mitt Romney Came to Town." In the film, former employees of four companies bought by Romney's firm talk about how they lost their homes, their livelihoods and their dreams as jobs were cut.
Romney's opponents also have the story of a South Carolina company to use against him.
A photo frame factory in Gaffney in what used to be the manufacturing center of the state was owned by a company Bain controlled. It closed in 1992 just four years after it opened. A hundred workers lost their jobs, while the move helped the Bain subsidiary go from a $12.4 million loss to a $3 million after-tax profit the year after the closing.
Rivals also are seizing on a couple of missteps Romney made in the closing days of the New Hampshire campaign.
At one point, Romney said, "There were a couple of times when I was worried I was going to get pink-slipped." Neither he nor his aides provided specifics.
And at another, he said, "I like being able to fire people who provide services to me." The former Massachusetts governor later emphasized he was talking about health insurance and how people should have choices with their health care.
For all the criticism, there's been a collective shrug in South Carolina so far, perhaps because of the way many workers view employers in the state.
It's only about a generation removed from a time when companies essentially created villages by building the houses, schools, ball fields, dance halls and churches their employees used. Wages were low and these companies provided almost everything, creating a society where even surviving outside of an employer's benevolence may have seemed impossible.
Malissa Burnette has seen such bonds between employers and workers in her 35 years as a labor attorney who has represented workers suing their employers in the state.
"When employees come to me, I see a lot of shock and disillusionment and disappointment in their employers because they did have the belief that employers were there to treat them well, look after them, to have their best interest at heart," Burnette says.
Further evidence of how the people in South Carolina view businesses can be found on the Facebook page of Gov. Nikki Haley, who endorsed Romney last month. She spent her first year in office fighting unions and encouraging businesses find to come to the state.
"South Carolina continues to be one of the lowest union participation states in the country," Haley wrote on Facebook in November. "The reason is that our companies understand that they have to take care of those that take care of them. Our employees appreciate the direct honest relationship that they have with their employers. It will continue to be a winning combination."
To be sure, there are voters in South Carolina who are angry with the way businesses operate these days. Just ask Wayne Ott, 64, who was applying for unemployment for the first time in his life after being laid off after 40 years as a truck driver.
"I believe in capitalism. I just don't think we've been doing it right," Ott said. He is deciding between Gingrich and former Pennsylvania Sen. Rick Santorum because he thinks Romney is part of a greater problem of people who get rich without earning it.
Others are taking a more pragmatic approach.
Angela Frost, 41, lost her job as an insurance underwriter in September. She blames Obama for the stagnant economy and has decided to support Romney because she thinks he has the best chance of winning back the White House.
"Cutting jobs and closing businesses are a part of the system," Frost said. "The system has failed a lot of people. You can't blame one person for the system."
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Mon Jan 9, 2012 1:01am GMT
Jan 8 (Reuters) - "The Big Miss", a book written by Tiger Woods' former swing coach Hank Haney, will be released in March and offer a personal account of the six tumultuous years they spent together before the golfer's life imploded in scandal.
The book, described as a "candid and surprisingly insightful account" by publishers Crown Archetype at Random House, Inc., reviews the highly successful partnership between Haney and Woods which led to six major championship victories.
However, the book also addresses Haney's two biggest challenges while working as swing coach for 14-times major winner Woods - arguably the greatest player of all time.
"Always haunting Tiger was his fear of 'the big miss' - the wildly inaccurate golf shot that can ruin an otherwise solid round," Crown Archetype said in a synopsis of the book on the Random House, Inc. website.
"It was because that type of blunder was sometimes part of Tiger's game that Hank carefully redesigned his swing mechanics."
The book will be published March 27, a week before the 2012 Masters.
Haney's biggest task was to try and solve "the riddle of Tiger's personality", Crown Archetype said.
"Wary of the emotional distractions that might diminish his game and put him further from his goals, Tiger had developed a variety of tactics to keep people from getting too close, and not even Hank - or Tiger's family and friends, for that matter - was spared 'the treatment'.
"Toward the end of Tiger and Hank's time together, the champion's laser-like focus began to blur and he became less willing to put in punishing hours practising - a disappointment to Hank, who saw in Tiger's behaviour signs that his pupil had developed a conflicted relationship with the game."
SIX-YEAR PARTNERSHIP
Haney took over as Woods' swing coach in March 2004 and over the next six years he helped the American win 31 PGA Tour events, including the six major titles.
In late 2009, Woods' life on and off the course was seismically transformed following revelations of his marital infidelities. He parted company with Haney a month after the 2010 Masters, where he tied for fourth after a self-imposed, five-month exile from the game.
During those six years, however, Haney enjoyed a unique front seat as Woods maintained his position as the world's leading player.
Haney was with Woods for 110 days a year, spoke to him for more than 200 days a year and stayed at the player's Florida home for up to 30 days a year.
He observed Woods in a wide variety of circumstances, including during tournaments, on the practice range, over meals, with the player's former wife and while relaxing with friends.
Haney, who had succeeded Butch Harmon as Woods's swing coach, described his liaison with the game's top player as "a dream come true" after the two parted ways in May 2010.
He added: "I will always appreciate the opportunity that I have had to contribute to his successes. However, I believe at this time that it is in both of our best interests for me to step aside as Tiger's coach."
Haney has since been replaced as Woods' swing coach by Canadian Sean Foley. (Reporting by Mark Lamport-Stokes in Los Angeles; Editing by Frank Pingue; To query or comment on this story email sportsfeedback@thomsonreuters.com)
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Continue reading Nyko Kindle Fire power case, Vita speaker stand hands-on
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