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I've been following this and the more I read about it, the more I find frustrate Mac users who can't solve the issue. It seems to be a Mac problem so it's not as if the OP is doing anything wrong.

My thought is - if saving a transparent png is an issue, why not just open the image, erase the background, and then place it into the document you're working on without saving it. Transparency should be preserved. The only issue is if you want to reuse it on another document, you have to go thru the background erasure process again.

Just for the try, I opened the clock image in a separate document and then erased the background, Then I copied (Command+C) the layer and pasted (Command+V) it into another document:

[ATTACH=full]130338[/ATTACH]

From here you can manipulate the clock any way you wish.