Wall Street rebounds from weakness, Dell to go private

NEW YORK (Reuters) -Stocks rose on Tuesday as investors sought bargains following the market's worst daily session since November and more companies reported results that were stronger than expected.


Major stock indexes had dropped about 1 percent in Monday's session, pressured by renewed worries over the euro zone's sovereign debt crisis. Still, equities have been strong performers recently, with the benchmark S&P 500 index up 4.9 percent for 2013.


Dell Inc agreed to go private in a $24.4 billion deal that was widely expected. Shares of the computer maker rose 0.7 percent to $13.36 after a brief trading halt.


Wall Street has advanced on strong fourth-quarter earnings and signs of improved economic growth, suggesting the market's longer-term trend remains higher.


"Stocks are really the only place investors can go for any kind of real return, and that's enough to have people continuing to come into the market, not just buying on dips but in general," said Thomas Nyheim, portfolio manager at Christiana Trust in Greenville, Delaware.


Archer Daniels Midland reported revenue and adjusted fourth-quarter earnings that beat expectations, boosted by strong global demand for oilseeds. Shares rose 4 percent to $29.58.


Estee Lauder Cos Inc gained 4.5 percent to $63.78 after reporting results.


According to Thomson Reuters data, of the 53 percent of S&P 500 companies that have reported earnings thus far, 69 percent have beaten profit expectations, over the 62 percent average since 1994 and the 65 percent average over the past four quarters.


Fourth-quarter earnings for S&P 500 companies are expected to rise 4.5 percent, according to the data, above the 1.9 percent forecast at the start of earnings season, but well below the 9.9 percent forecast on October 1.


The Dow Jones industrial average <.dji> was up 83.88 points, or 0.60 percent, at 13,963.96. The Standard & Poor's 500 Index <.spx> was up 9.16 points, or 0.61 percent, at 1,504.87. The Nasdaq Composite Index <.ixic> was up 10.80 points, or 0.35 percent, at 3,141.97.


At current levels, the S&P is less than 5 percent away from its all-time intraday high of 1,576.09, reached in October 2011.


McGraw-Hill extended its Monday decline, slumping 7.1 percent to $46.68 as the U.S. Justice Department launched a civil lawsuit against the company and its unit, Standard & Poor's, over mortgage bond ratings. The action marks the first such federal action against a credit rating agency related to the recent financial crisis.


The stock has dropped more than 20 percent over the past two days.


U.S. shares of BP Plc rose 1.8 percent to $44.38 after the company reported earnings that beat expectations and said underlying financial momentum would be "strongly evident" by 2014.


The Institute for Supply Management's non-manufacturing index was 55.2 in January, as expected and down slightly from the previous month.


(Editing by Kenneth Barry)



Read More..

Iran's Ahmadinejad in Egypt on historic visit


CAIRO (Reuters) - Mahmoud Ahmadinejad arrived in Egypt on Tuesday on the first trip by an Iranian president since the 1979 revolution, underlining a thaw in relations since Egyptians elected an Islamist head of state.


President Mohamed Mursi, the Muslim Brotherhood politician elected in June, kissed Ahmadinejad as he disembarked from his plane at Cairo airport. The leaders walked down a red carpet, Ahmadinejad smiling as he shook hands with waiting dignitaries.


Visiting Cairo to attend an Islamic summit that begins on Wednesday, the president of the Shi'ite Islamist republic is due to meet later on Tuesday with the grand sheikh of al-Azhar, one of the oldest seats of learning in the Sunni world.


Such a visit would have been unthinkable during the rule of Hosni Mubarak, the military-backed autocrat who preserved Egypt's peace treaty with Israel during his 30 years in power and deepened ties between Cairo and the West.


"The political geography of the region will change if Iran and Egypt take a unified position on the Palestinian question," Ahmadinejad said in an interview with Al Mayadeen, a Beirut-based TV station, on the eve of his visit.


He said he wanted to visit the Gaza Strip, the Palestinian territory which neighbors Egypt to the east and is run by the Islamist movement Hamas. "If they allow it, I would go to Gaza to visit the people," Ahmadinejad said.


Analysts doubt that the historic changes that brought Mursi to power in Egypt will result in a full restoration of diplomatic ties between states whose relations were broken off after the Iranian revolution and the conclusion of Egypt's peace treaty with Israel in 1979.


OBSTACLES TO FULL TIES


At the airport the two leaders discussed ways of boosting relations between their countries and resolving the Syrian crisis "without resorting to military intervention", Egyptian state media reported.


Egypt is concerned by Iran's support for Syrian President Bashar al-Assad, who is trying to crush an uprising inspired by the revolt that swept Mubarak from power two years ago. Egypt's overwhelmingly Sunni Muslim population is broadly supportive of the uprising against Assad's Alawite-led administration.


The Mursi administration also wants to safeguard relations with Gulf Arab states that are supporting Cairo's battered state finances and are deeply suspicious of Iran.


Egyptian Foreign Minister Mohamed Kamel Amr reassured Gulf Arab allies that Egypt would not jeopardize their security.


"The security of the Gulf states is the security of Egypt," he told the official MENA news agency, in response to questions about Cairo's opening to Iran and its impact on other states in the region.


Mursi wants to preserve ties with the United States, the source of $1.3 billion in aid each year to the influential Egyptian military.


His government has established close ties with Hamas, a movement backed by Iran and shunned by the West because of its hostility to Israel, but its priority is addressing Egypt's deep economic problems.


"The restoration of full relations with Iran in this period is difficult, despite the warmth in ties ... because of many problems including the Syrian crisis and Cairo's links with the Gulf states, Israel and the United States," said one former Egyptian diplomat.


Speaking to Reuters on the sidelines of preparatory meetings for the two-day Islamic summit, Iranian Foreign Minister Ali Akbar Salehi said he was optimistic that ties could grow closer.


"We are gradually improving. We have to be a little bit patient. I'm very hopeful about the expansion of the bilateral relationship," he said. Asked where he saw room for closer ties, he said: "Trade and economics."


Ahmadinejad's visit to Egypt follows Mursi's visit to Iran in August for a summit of the Non-Aligned Movement.


Sheikh Ahmed al-Tayeb, head of the 1,000-year-old al-Azhar mosque and university, will meet Ahmadinejad at his offices in mediaeval Islamic Cairo, al-Azhar's media office said.


Salehi, the Iranian foreign Minister, stressed the importance of Muslim unity when he met Sheikh al-Tayeb at al-Azhar last month.


Egypt and Iran have taken opposite courses since the late 1970s. Egypt, under Mubarak's predecessor Anwar Sadat, concluded a peace treaty with Israel in 1979 and became a close ally of the United States and Europe. Iran from 1979 turned into a center of opposition to Western influence in the Middle East.


Symbolically, Iran named a street in Tehran after the Islamist who led the 1981 assassination of Sadat.


Egypt gave asylum and a state funeral to Iran's exiled Shah Reza Pahlavi, who was overthrown by the 1979 Iranian revolution. He is buried in a medieval Cairo mosque alongside his ex-brother-in-law, Egypt's last king, Farouk.


(Additional reporting by Ayman Samir and Alexander Diadosz; Editing by Andrew Roche and Paul Taylor)



Read More..

Somalia’s al Shabaab rebels back on Twitter after suspension






MOGADISHU (Reuters) – Somalia‘s Islamist al Shabaab militants, who have used Twitter to announce assassinations and bombings, are back on the microblog service two weeks after their account was suspended.


“[Our new account] will function like the one they closed,” a spokesman who declined to be named said on Tuesday.






Al Shabaab’s previous official Twitter account was suspended around January 24, days after group, which is aligned with al Qaeda, used the social media site to threaten to kill two Kenyan hostages.


The group tweeted a link to a video of the abducted civil servants and threatened to kill them unless the Kenyan government released all Muslim prisoners in its jails.


Twitter rules say threats of violence are forbidden but the site declined at the time to comment on why al Shabaab’s account, which had thousands of followers, had been suspended.


Al Shabaab’s Somali- and Arabic-language Twitter accounts were never closed.


The new account, using the handle @HSMPRESS1, has attracted over 1,100 followers within two days.


Al Shabaab wants to impose its strict version of sharia, or Islamic law, across Somalia. However, it has lost significant territory in the southern and central parts of the country in the face of an offensive by African Union troops.


(Writing By Drazen Jorgic; Editing by James Macharia and Kevin Liffey)


Social Media News Headlines – Yahoo! News





Title Post: Somalia’s al Shabaab rebels back on Twitter after suspension
Url Post: http://www.news.fluser.com/somalias-al-shabaab-rebels-back-on-twitter-after-suspension/
Link To Post : Somalia’s al Shabaab rebels back on Twitter after suspension
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

Paul McCartney Rocks Out to Lil Wayne & More Super Bowl Party Sightings















02/04/2013 at 10:45 AM EST







Nancy Shevell, Paul McCartney and Lil Wayne


Frank Micelotta/PictureGroup; Gustavo Caballero/Getty


For Hollywood, Super Bowl weekend is one big party, and they don't disappoint.

On Saturday night, Lil Wayne performed at a GQ, Lacoste and Mercedes-Benz hosted party at the Elms Mansion in New Orleans. Among the fans on hand was model Kate Upton, who posed for photos in front of her GQ cover and stood on a couch to get a better view of Lil Wayne's show, an onlooker tells PEOPLE.

Even Paul McCartney and wife Nancy Shevell were spotted "rushing through the backstage area to catch the end of his performance," the source adds.

At Playboy's Super Bowl Party presented by Crown Royal, Neil Patrick Harris, Anna Faris and Jeremy Piven mingled in the VIP area.

David Arquette was also in attendance and couldn't hide his enthusiasm for B.o.B. – jumping on stage during his performance!

Later that night, the Audi Forum kept the party going with deejay sets by Solange Knowles and Diplo. Guests included Modern Family's Sofia Vergara, Stacy Keibler, Jeremy Renner, Chace Crawford, Hunger Games's Josh Hutcherson, Ashley Greene, Breaking Bad's Aaron Paul and more.

Knowles – who was dressed in all white – was overheard talking about how excited she was to see her sister BeyoncĂ©'s halftime show.

Keibler – who was once a Baltimore Ravens cheerleader – stopped by Vergara's table to say hello and pose for photos together. Later, Keibler and Paul they discovered they had a mutual pal and became fast friends. Meanwhile, Paul was also "excited" to see Crawford, who was having a guys night with Hutcherson, a source says.

– Jennifer Garcia and Patrick Gomez


Read More..

Bullying study: It does get better for gay teens


CHICAGO (AP) — It really does get better for gay and bisexual teens when it comes to being bullied, although young gay men have it worse than their lesbian peers, according to the first long-term scientific evidence on how the problem changes over time.


The seven-year study involved more than 4,000 teens in England who were questioned yearly through 2010, until they were 19 and 20 years old. At the start, just over half of the 187 gay, lesbian and bisexual teens said they had been bullied; by 2010 that dropped to 9 percent of gay and bisexual boys and 6 percent of lesbian and bisexual girls.


The researchers said the same results likely would be found in the United States.


In both countries, a "sea change" in cultural acceptance of gays and growing intolerance for bullying occurred during the study years, which partly explains the results, said study co-author Ian Rivers, a psychologist and professor of human development at Brunel University in London.


That includes a government mandate in England that schools work to prevent bullying, and changes in the United States permitting same-sex marriage in several states.


In 2010, syndicated columnist Dan Savage launched the "It Gets Better" video project to encourage bullied gay teens. It was prompted by widely publicized suicides of young gays, and includes videos from politicians and celebrities.


"Bullying tends to decline with age regardless of sexual orientation and gender," and the study confirms that, said co-author Joseph Robinson, a researcher and assistant professor of educational psychology at the University of Illinois in Urbana-Champaign. "In absolute terms, this would suggest that yes, it gets better."


The study appears online Monday in the journal Pediatrics.


Eliza Byard, executive director of the Gay, Lesbian & Straight Education Network, said the results mirror surveys by her anti-bullying advocacy group that show bullying is more common in U.S. middle schools than in high schools.


But the researchers said their results show the situation is more nuanced for young gay men.


In the first years of the study, gay boys and girls were almost twice as likely to be bullied as their straight peers. By the last year, bullying dropped overall and was at about the same level for lesbians and straight girls. But the difference between men got worse by ages 19 and 20, with gay young men almost four times more likely than their straight peers to be bullied.


The mixed results for young gay men may reflect the fact that masculine tendencies in girls and women are more culturally acceptable than femininity in boys and men, Robinson said.


Savage, who was not involved in the study, agreed.


"A lot of the disgust that people feel when you bring up homosexuality ... centers around gay male sexuality," Savage said. "There's more of a comfort level" around gay women, he said.


Kendall Johnson, 21, a junior theater major at the University of Illinois, said he was bullied for being gay in high school, mostly when he brought boyfriends to school dances or football games.


"One year at prom, I had a guy tell us that we were disgusting and he didn't want to see us dancing anymore," Johnson said. A football player and the president of the drama club intervened on his behalf, he recalled.


Johnson hasn't been bullied in college, but he said that's partly because he hangs out with the theater crowd and avoids the fraternity scene. Still, he agreed, that it generally gets better for gays as they mature.


"As you grow older, you become more accepting of yourself," Johnson said.


___


Online:


Pediatrics: http://www.pediatrics.org


It Gets Better: http://www.itgetsbetter.org


___


AP Medical Writer Lindsey Tanner can be reached at http://www.twitter.com/LindseyTanner


Read More..

Wall Street opens lower after recent gains


NEW YORK (Reuters) - U.S. stocks opened lower on Monday, dipping after a recent rally that took the S&P 500 to a five-year high and the Dow to 14,000 for the first time since October 2007.


The Dow Jones industrial average <.dji> was down 58.67 points, or 0.42 percent, at 13,951.12. The Standard & Poor's 500 Index <.spx> was down 6.84 points, or 0.45 percent, at 1,506.33. The Nasdaq Composite Index <.ixic> was down 18.33 points, or 0.58 percent, at 3,160.77.


(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)



Read More..

Russia eyes crackdown on duty-free booze after brawls on flights


MOSCOW (Reuters) - Russia may soon crack down to stop boozy flights after a spate of brawls involving drunken passengers.


State television on Monday broadcast amateur footage of several drink-soaked punch-ups after a plane made a forced landing in Uzbekistan on the way to Thailand on Sunday because a Russian had attacked other passengers.


The footage included shots of a man butting a steward during one flight and a fight among passengers queuing for the toilet during another. In a third incident, a man was tied to his seat and his mouth taped shut after passengers got fed up with him.


A senior member of the State Duma, the lower house of parliament, said the assembly could soon draw up legislation to ban duty-free liquor and cigarettes being brought on board planes, even in sealed bags.


"We would like to prepare it (the legislation) before the end of this session," Interfax news agency quoted Vitaly Yefimov, the first deputy chairman of the Duma's transport committee, as saying.


"Changes are needed to end such uproar on planes. It's a direct threat to flight security," he said, without giving any other details of the Duma's plans.


Russian television said that only in one recent case had a Russian passenger faced criminal charges for violent behavior on board a plane. Several others had been fined, it said.


Flights on Russian airlines are generally much more comfortable these days than in Soviet times, when passengers often had to fight their way to the front or back of the plane through thick cigarette smoke.


But alcohol consumption per capita in Russia is the fourth highest in the world, according to World Health organization figures for 2011, and passengers often enjoy an onboard tipple.


(Reporting by Timothy Heritage; Editing by Mark Heinrich)



Read More..

The Future of BlackBerry 10 Sales Looks Hazy






Early sales figures from abroad suggest high demand for one of BlackBerry‘s two big comeback phones… in the struggling Canadian company’s strongest market. As the U.S. market remains on standby for sales and even ads, reports from both analysts and suppliers suggest sold-out new models in the United Kingdom, the first and only place the BlackBerry Z10 is available yet. “We believe Carphone Warehouse is seeing widespread sell-outs, while O2, Vodafone, Orange and EE are seeing robust demand,” Jefferies analyst Peter Misek writes. “We estimate sell-in to be at least several hundred thousand units,” he added. It’s not that these sales aren’t deserved — the gadget reviewers loved the touchscreen Z10, for the most part, and the full-keyboard Q10 model that also works with the new BlackBerry 10 OS isn’t on sale anywhere yet. But if any place would like a touchscreen BlackBerry, it would be the UK. Because the British may not have abandoned the smartphone keyboard, but they fell out of love it with a lot more slowly than Americans did  — BlackBerry held on to 12 percent of its market share there last year, compared to the 2 percent in the U.S. Unfortunately for the company formerly known as Research in Motion, the earliest signs suggest the Z10 may not change that lack of enthusiasm in the states.


RELATED: Everything You Need to Know About BlackBerry 10






The lack of stateside BlackBerry enthusiasm starts with American wireless carriers. U.S. customers can’t even buy the Z10 until sometime in March — we’ll be the last country to get it in this initial wave. The delay stems from a Federal Communications Commission approval process that will take weeks. While that might sound like a regulatory technicality, it may also reflect a lack of excitement to get the phone out there. None of the cellphone companies have started taking pre-sale orders, and all but one failed to provide an executive quote playing up the new BlackBerry, as PC Mag’s Sascha Segan pointed out. Sprint won’t even sell the Z10, opting to push out the more traditional Q10 and its signature keyboard when that phone starts to hit carriers in April. 


RELATED: Blackberry’s New OS Met With Resounding ‘Meh’


The Z10 sales delay could work in BlackBerry’s favor in one peculiar way — it should give consumers enough time to forget about the very weird, very desperate product unveiling. Still, two months is also enough time for initial hype to wear off, as other, newer phones get more and more attention — the much anticipated Samsung Galaxy SIV will supposedly come out around March as well. To keep Americans excited, BlackBerry has spent hundreds of millions on an ad campaign in the U.S., reports The Wall Street Journal. But the company’s new Super Bowl ad, which focused on all the things the new BlackBerry can’t do, has techies baffled:


RELATED: Look How Desperate the BlackBerry 10 Unveiling Event Actually Was


RELATED: RIM Says Sorry to Customers with Free Apps


“It’s just hard to see how you can introduce a new product without covering a single feature,” wrote The Verge’s T.C. Sotteck of the new spot. Lucky for BlackBerry, the ad was a one-time Super Sunday move. Its “Keep Moving” campaign, which focuses on what the phone can do, will debut today. The 60-second preview sampled over at The Verge sounds like it does a better job selling Z10′s features. “[The ad] featured a side-scrolling view of people moving through different variations on work and play: a nod to the company’s enterprise-focused heritage,” Sottech writes.


Gadgets News Headlines – Yahoo! News





Title Post: The Future of BlackBerry 10 Sales Looks Hazy
Url Post: http://www.news.fluser.com/the-future-of-blackberry-10-sales-looks-hazy/
Link To Post : The Future of BlackBerry 10 Sales Looks Hazy
Rating:
100%

based on 99998 ratings.
5 user reviews.
Author: Fluser SeoLink
Thanks for visiting the blog, If any criticism and suggestions please leave a comment




Read More..

A Visual Guide to the Right and (Oh, So) Wrong Way to Bare Your Midriff







Style News Now





02/01/2013 at 06:00 PM ET











FilmMagic; Getty' StartraksFilmMagic; Getty; Startraks


What made its way on our fashion radar this week? A classic pattern that’s making a strong comeback and a sweater style we haven’t worn since middle school. We expect to see more of these looks at all the various awards season parties and events. What we hope we don’t spot: A certain frock that reveals way too much skin.



Up: Polka Dots. The retro print made a major comeback this week. Emmy Rossum stepped out in a navy-and-white Stop Staring number (it’s just $170!) and Amy Adams slipped into an elegant black-and-white peplum Jenny Packham design.




Up: Cropped Sweaters. We prayed this moment wouldn’t happen but it looks like ab-baring tops are back and celebs like Dakota Fanning, Amanda Seyfried and Jessica Biel are wearing them with everything from skirts to skinnies. If you don’t have a six-pack, pair a shrunken sweater with a high-waisted bottom or layer over a longer shirt like Biel did. 



Down: X-Rated Slits. Actresses take note: Slits that show this much skin are best left for the legs. And that’s why we don’t expect to see stars sporting awkward cleavage slashes like Adrienne Bailon’s anytime soon. (Not to mention party dresses with clunky booties!)


For more on up-and-coming trends, check out our thoughts on furry accents, slits and red accessories.


Tell us: What types of trends are you hoping to see more of on the red carpet? Vote in our poll below! 






–Jennifer Cress


PHOTOS: SEE OUR FAVORITE DRESSES OF AWARDS SEASON — SO FAR!




Read More..

New rules aim to get rid of junk foods in schools


WASHINGTON (AP) — Most candy, high-calorie drinks and greasy meals could soon be on a food blacklist in the nation's schools.


For the first time, the government is proposing broad new standards to make sure all foods sold in schools are more healthful.


Under the new rules the Agriculture Department proposed Friday, foods like fatty chips, snack cakes, nachos and mozzarella sticks would be taken out of lunch lines and vending machines. In their place would be foods like baked chips, trail mix, diet sodas, lower-calorie sports drinks and low-fat hamburgers.


The rules, required under a child nutrition law passed by Congress in 2010, are part of the government's effort to combat childhood obesity. While many schools already have improved their lunch menus and vending machine choices, others still are selling high-fat, high-calorie foods.


Under the proposal, the Agriculture Department would set fat, calorie, sugar and sodium limits on almost all foods sold in schools. Current standards already regulate the nutritional content of school breakfasts and lunches that are subsidized by the federal government, but most lunchrooms also have "a la carte" lines that sell other foods. Food sold through vending machines and in other ways outside the lunchroom has never before been federally regulated.


"Parents and teachers work hard to instill healthy eating habits in our kids, and these efforts should be supported when kids walk through the schoolhouse door," Agriculture Secretary Tom Vilsack said.


Most snacks sold in school would have to have less than 200 calories. Elementary and middle schools could sell only water, low-fat milk or 100 percent fruit or vegetable juice. High schools could sell some sports drinks, diet sodas and iced teas, but the calories would be limited. Drinks would be limited to 12-ounce portions in middle schools and to 8-ounce portions in elementary schools.


The standards will cover vending machines, the "a la carte" lunch lines, snack bars and any other foods regularly sold around school. They would not apply to in-school fundraisers or bake sales, though states have the power to regulate them. The new guidelines also would not apply to after-school concessions at school games or theater events, goodies brought from home for classroom celebrations, or anything students bring for their own personal consumption.


The new rules are the latest in a long list of changes designed to make foods served in schools more healthful and accessible. Nutritional guidelines for the subsidized lunches were revised last year and put in place last fall. The 2010 child nutrition law also provided more money for schools to serve free and reduced-cost lunches and required more meals to be served to hungry kids.


Sen. Tom Harkin, D-Iowa, has been working for two decades to take junk foods out of schools. He calls the availability of unhealthful foods around campus a "loophole" that undermines the taxpayer money that helps pay for the healthier subsidized lunches.


"USDA's proposed nutrition standards are a critical step in closing that loophole and in ensuring that our schools are places that nurture not just the minds of American children but their bodies as well," Harkin said.


Last year's rules faced criticism from some conservatives, including some Republicans in Congress, who said the government shouldn't be telling kids what to eat. Mindful of that backlash, the Agriculture Department exempted in-school fundraisers from federal regulation and proposed different options for some parts of the rule, including the calorie limits for drinks in high schools, which would be limited to either 60 calories or 75 calories in a 12-ounce portion.


The department also has shown a willingness to work with schools to resolve complaints that some new requirements are hard to meet. Last year, for example, the government relaxed some limits on meats and grains in subsidized lunches after school nutritionists said they weren't working.


Schools, the food industry, interest groups and other critics or supporters of the new proposal will have 60 days to comment and suggest changes. A final rule could be in place as soon as the 2014 school year.


Margo Wootan, a nutrition lobbyist for the Center for Science in the Public Interest, said surveys by her organization show that most parents want changes in the lunchroom.


"Parents aren't going to have to worry that kids are using their lunch money to buy candy bars and a Gatorade instead of a healthy school lunch," she said.


The food industry has been onboard with many of the changes, and several companies worked with Congress on the child nutrition law two years ago. Major beverage companies have already agreed to take the most caloric sodas out of schools. But those same companies, including Coca-Cola and PepsiCo, also sell many of the non-soda options, like sports drinks, and have lobbied to keep them in vending machines.


A spokeswoman for the American Beverage Association, which represents the soda companies, says they already have greatly reduced the number of calories that kids are consuming at school by pulling out the high-calorie sodas.


___


Follow Mary Clare Jalonick on Twitter at http://twitter.com/mcjalonick


Read More..