Saturday, January 19, 2013

Dow industrials, S&P 500 close at 5-year highs

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The Dow and S&P 500 closed at five-year highs on Friday as the market registered a third straight week gains on a solid start to the earnings season.?

General Electric led the Dow Jones industrial average higher after reporting a strong quarter thanks to growth in emerging markets.?

The Dow rose 53 points to end at 13,649 Friday.?The Standard & Poor's 500 index reached another five-year high, rising five points to close at 1,486.?The Nasdaq gave up a point to end at 3,134, dragged down by a loss at Intel.?

Capital One Financial lost 8 percent after reporting revenue and earnings that fell short of analysts' estimates.?

Rising stocks outnumbered falling ones two to one on the New York Stock Exchange. Volume was in line with the recent average at 3.7 billion shares.?

Shares of Intel slumped 6.7 percent to $21.17 a day after it forecast quarterly revenue below analysts' estimates and announced plans for increased capital spending amid slow demand for personal computers.?

On a positive note, Morgan Stanley reported a fourth-quarter profit after a year-earlier loss, helped by higher revenue at the bank's institutional securities business. Its stock jumped 7.5 percent to $22.32.?

"Intel earnings weren't that bad, although their revenue was weak. It sparks fears about not only the company but about the whole PC sector, and that's pressuring the market today," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.?

Heading into a three-day weekend, investors were cautious about the chances for settling of major differences in Congress about government debt and spending. U.S. markets will be closed on Monday for the Martin Luther King Jr. holiday?

"Governmental policy, or lack thereof, is again pushing forth this wait-and-see attitude on the part of investors. So the market is flat and with low volume and low volatility because investors are waiting to see what happens with the debt ceiling and spending cuts," said Bryant Evans, investment adviser and portfolio manager at Cozad Asset Management, in Champaign, Illinois.?

There were signs that the question of raising the U.S. debt limit would be put off for a while. House Republican leaders said they would seek to pass a three-month extension of federal borrowing authority next week to buy time for the Democratic-controlled Senate to pass a budget that shrinks deficits.?

Reflecting the complacency, the CBOE Volatility index, Wall Street's so-called fear gauge, fell 7.4 percent. The VIX usually moves inversely to the S&P 500 as it is used as a hedge tool against further market decline.?

Economic data from China provided some support to the market, though the focus remained on U.S. corporate earnings. The country's economy grew at a modestly faster-than-expected 7.9 percent in the fourth quarter, the latest sign the world's second-biggest economy was pulling out of a post-global financial crisis slowdown which saw it grow in 2012 at its weakest pace since 1999.?

Source: http://www.nbcnews.com/business/dow-industrials-sp-500-close-5-year-highs-1B8038146

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Veteran Turkish journalist Mehmet Ali Birand dies

ISTANBUL (Reuters) - Turkish journalist Mehmet Ali Birand, whose documentaries and books helped shape many Turks' understanding of their recent tumultuous history, died in Istanbul late on Thursday.

Birand suffered cardiac arrest due to complications while undergoing gallbladder surgery, according to the Hurriyet Daily News for which he worked.

The 71-year-old had been battling cancer, for which he had had surgery in 2011.

With a career spanning almost 50 years, Birand interviewed world leaders from Bill Clinton to Francois Mitterrand to Saddam Hussein. He worked mainly as a newspaper columnist and anchorman, including at CNN Turk.

Turkish Prime Minister Tayyip Erdogan, whom Birand interviewed often, described him as "professional and passionate" in a statement. A devout Muslim, Erdogan said he had prayed for Birand when he underwent cancer surgery.

Birand's documentary films about the 1960 and 1980 military coups helped define those watershed moments in the public record.

In October he told a parliamentary commission investigating Turkey's coups that he and other members of the media had tacitly supported such military interventions.

His book "30 Hot Days" was an insider-like account of the international maneuvering by Britain, the United States, Turkey and Greece that followed Turkey's 1974 invasion of Cyprus.

Turkey still keeps 30,000 or more troops on the eastern Mediterranean island and backs a small Turkish Cypriot administration there, while the rest of the world considers Greek Cypriots the only legitimate authority for the island.

(Writing by Ayla Jean Yackley; Editing by Jon Boyle)

Source: http://news.yahoo.com/veteran-turkish-journalist-mehmet-ali-birand-dies-100807158--finance.html

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Ecommerce Business Expansion In A Short Span Of Time

Whether the requirement is to expand your business online in a short span of time, ecommerce business must be involved. It has become much popular in this Internet Era. It is also referred to as e-commerce or electronic commerce, is the process of buying and selling of the product or service over electronic systems such as the Internet and other computer networks. There are numerous technologies involved in it such as electronic fund transfer, online transaction processing, inventory management systems, Internet marketing, inventory management systems, automated data collection systems, electronic data interchange and online transaction processing. Along with these things, it also involves technologies like email, social media, telephone and mobile devices. Nowadays, modern ecommerce uses the World Wide Web at least at one point in the transactions life-cycle.

You can start ecommerce business by investing small amount of money as it doesnt require much physical space for shops or warehouses. In this type of business, you just need a virtual space in terms of a well-designed & developed website, which is the main gateway of your shop. For development and designing of your site, you can hire web developers and designers or you can outsource this work to a professional web development or design company, which have made well-reputation in providing affordable services according to businessmens marketing needs and requirements.

In such kind of businesses, various peoples can get jobs from home. They may include potential professionals, housewives and mums along with many other people. There is no more pressure of work from home like corporate sector. Hence, peoples would usually like these kinds of work and they can accomplish it conveniently without any major difficulties. Thus, you can make money online in a short period of time by investing small amount of money as per your custom needs and requirements.

In this competitive era, if you want to start your own business, ecommerce business would be one of the most preferred options for you. It has several advantages. You can sell your goods or products at the cheaper rates in comparison to off-line (physical) store because you have not to store products in the storage room or ware houses. Most of ecommerce businesses owner has tied up with manufacturers or distributers to deliver the product at the doorstep of the customer after confirming the order. In such scenarios, storage expenses are saved as you need not store the products at your own end. Thus, you can earn by starting online home business as per your convenience.

About the Author:
Start ecommerce business in Australia by setup a store for childrens clothing! Home Business Solutions helps in setting up ecommerce business websites as per business owners special needs.

Source: http://www.articlesnatch.com/Article/Ecommerce-Business-Expansion-In-A-Short-Span-Of-Time/4387578

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Military Judge Finds GI's Motive Barely Admissible in WikiLeaks Case



Army Pfc. Bradley Manning, right, is escorted out of a courthouse in Fort Meade, Md., Monday, June 25, 2012, after a pretrial hearing. The U.S. Army private charged with sending thousands of classified documents to the WikiLeaks secrets-sharing website faces a pretrial hearing Tuesday, Jan. 8, 2013 about whether his motivation matters in the largest leak of classified material in the country's history. (AP Photo/Patrick Semansky)

Published: Thursday, January 17, 2013 at 10:01 p.m.
Last Modified: Thursday, January 17, 2013 at 10:01 p.m.

FORT MEADE, Md. | A military judge's ruling on Wednesday tightly limited an Army private's ability to argue he had good reasons for allegedly sending hundreds of thousands of classified documents to the anti-secrecy website WikiLeaks.

Pfc. Bradley Manning can use motive evidence at his June 3 trial only to show that he didn't know the leaked material would be seen by al-Qaida, or to seek leniency at sentencing, Col. Denise Lind ruled during a pretrial hearing. Evidence of motive isn't relevant to the other charges, she said.

Prosecutors say Manning told an online confidant-turned-government-informant that he leaked the material because "I want people to see the truth" and "information should be free." Lind said such material is only relevant as evidence of "whether he knew he was dealing with the enemy."

She also barred Manning from using at trial any reports compiled by government agencies that concluded the WikiLeaks revelations didn't compromise national security. The defense can use such material only during sentencing.

The ruling was largely a victory for the government, which had asked Lind to exclude any use of motive evidence from the trial.

The 25-year-old Oklahoma native is accused of sending hundreds of thousands of Iraq and Afghanistan battlefield reports, State Department diplomatic cables, other classified records and two battlefield video clips to WikiLeaks in 2009 and 2010 while working as an intelligence analyst in Baghdad. He faces 22 charges, including aiding the enemy, which carries a maximum life sentence.

To win a conviction on that offense, prosecutors must prove he knew the material would be seen by the enemy, identified by prosecutors as several al-Qaida groups and Osama bin Laden, the al-Qaida leader killed by U.S. commandos in 2011. Prosecutors say they have evidence that bin Laden requested and received from an associate some of the WikiLeaks disclosures attributed to Manning.

Before the hearing ended, Lind also heard arguments on a defense motion claiming she should dismiss the case because Manning was denied his right to a speedy trial. He's been in pretrial confinement for nearly two years and eight months.

Civilian defense attorney David Coombs said prosecutors have dragged their feet and a commander rubber-stamped their requests for delay after delay.

"There are no winners when justice is delayed, and in this case, it has been delayed a significant period of time," Coombs said.

Prosecutor Maj. Ashden Fein said the delays were reasonable given the complexity of the case and the huge volume of classified material to be reviewed and cleared by various government agencies for use in the court-martial.

"There was constant motion" by prosecutors on those issues, Fein said.

The defense has focused partly on the 635 days between Manning's arrest in May 2010 and his arraignment last February, a period far in excess of the 120-day rule. Army Col. Carl Coffman Jr., who approved those delays, testified in November that they reflected the sensitive nature of the material Manning was accused of leaking.

Lind said she would rule on the motion by the next scheduled hearing on Feb. 26.

_____

Copyright 2013 The Associated Press.

Source: http://www.theledger.com/article/20130117/politics/130119386

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Algeria: Army rescues hostages, toll unclear

ALGIERS, Algeria (AP) -- Algerian helicopters and special forces stormed a gas plant in the stony plains of the Sahara on Thursday to wipe out Islamist militants and free hostages from at least 10 countries. Bloody chaos ensued, leaving the fate of the fighters and many of the captives uncertain.

Dueling claims from the military and the militants muddied the world's understanding of an event that angered Western leaders, raised world oil prices and complicated the international military operation in neighboring Mali.

At least six people, and perhaps many more, were killed ? Britons, Filipinos and Algerians. Terrorized hostages from Ireland and Norway trickled out of the Ain Amenas plant, families urging them never to return.

Dozens more remained unaccounted for: Americans, Britons, French, Norwegians, Romanians, Malaysians, Japanese, Algerians and the fighters themselves.

The U.S. government sent an unmanned surveillance drone to the BP-operated site, near the border with Libya and 800 miles (1,290 kilometers) from the Algerian capital, but it could do little more than watch Thursday's intervention. Algeria's army-dominated government, hardened by decades of fighting Islamist militants, shrugged aside foreign offers of help and drove ahead alone.

With the hostage drama entering its second day Thursday, Algerian security forces moved in, first with helicopter fire and then special forces, according to diplomats, a website close to the militants, and an Algerian security official. The government said it was forced to intervene because the militants were being stubborn and wanted to flee with the hostages.

The militants ? led by a Mali-based al-Qaida offshoot known as the Masked Brigade ? suffered losses in Thursday's military assault, but succeeded in garnering a global audience.

Even violence-scarred Algerians were stunned by the brazen hostage-taking Wednesday, the biggest in northern Africa in years and the first to include Americans as targets. Mass fighting in the 1990s had largely spared the lucrative oil and gas industry that gives Algeria its economic independence and regional weight.

The hostage-taking raised questions about security for sites run by multinationals that are dotted across Africa's largest country. It also raised the prospect of similar attacks on other countries allied against the extremist warlords and drug traffickers who rule a vast patch of desert across several countries in northwest Africa. Even the heavy-handed Algerian response may not deter groups looking for martyrdom and attention.

Casualty figures in the Algerian standoff varied widely. The remote location is extremely hard to reach and was surrounded by Algerian security forces ? who, like the militants, are inclined to advertise their successes and minimize their failures.

"An important number of hostages were freed and an important number of terrorists were eliminated, and we regret the few dead and wounded," Algeria's communications minister, Mohand Said Oubelaid, told national media, adding that the "terrorists are multinational," coming from several different countries with the goal of "destabilizing Algeria, embroiling it in the Mali conflict and damaging its natural gas infrastructure."

The official news agency said four hostages were killed in Thursday's operation, two Britons and two Filipinos. Two others, a Briton and an Algerian, died Wednesday in an ambush on a bus ferrying foreign workers to an airport. Citing hospital officials, the APS news agency said six Algerians and seven foreigners were injured.

APS said some 600 local workers were safely freed in the raid ? but many of those were reportedly released the day before by the militants themselves.

The militants, via a Mauritanian news website, claimed that 35 hostages and 15 militants died in the helicopter strafing. A spokesman for the Masked Brigade told the Nouakchott Information Agency in Mauritania that only seven hostages survived.

By nightfall, Algeria's government said the raid was over. But the whereabouts of the rest of the plant workers was unclear.

President Barack Obama and British Prime Minister David Cameron spoke on the phone to share their confusion. White House Press Secretary Jay Carney said the Obama administration was "seeking clarity from the government of Algeria."

An unarmed American surveillance drone soared overhead as the Algerian forces closed in, U.S. officials said. The U.S. offered military assistance Wednesday to help rescue the hostages but the Algerian government refused, a U.S. official said in Washington. He spoke on condition of anonymity because he was not authorized to speak publicly about the offer.

Militants earlier said they were holding seven Americans, but the administration confirmed only that Americans were among those taken. The U.S. government was in contact with American businesses across North Africa and the Middle East to help them guard against the possibility of copycat attacks.

BP, the Norwegian company Statoil and the Algerian state oil company Sonatrach, operate the gas field and a Japanese company, JGC Corp, provides services for the facility.

Japan's Prime Minister Shinzo Abe protested the military raid as an act that "threatened the lives of the hostages," according to a spokesman.

Jean-Christophe Gray, a spokesman for Cameron, said Britain was not informed in advance of the raid.

One Irish hostage managed to escape: electrician Stephen McFaul, who'd worked in North Africa's oil and natural gas fields off and on for 15 years. His family said the militants let hostages call their families to press the kidnappers' demands.

"He phoned me at 9 o'clock to say al-Qaida were holding him, kidnapped, and to contact the Irish government, for they wanted publicity. Nightmare, so it was. Never want to do it again. He'll not be back! He'll take a job here in Belfast like the rest of us," said his mother, Marie.

Dylan, McFaul's 13-year-old son, started crying as he talked to Ulster Television. "I feel over the moon, just really excited. I just can't wait for him to get home," he said.

At least one Filipino managed to escape and was slightly injured, the Philippine Foreign Affairs Department said. Spokesman Raul Hernandez said he had no information about any fatalities.

Algerian forces who had ringed the Ain Amenas complex had vowed not to negotiate with the militants, who reportedly were seeking safe passage. Security experts said the end of the two-day standoff was in keeping with the North African country's tough approach to terrorism.

"Algerians clearly were not willing to compromise with the terrorists and not willing to accept the idea of coping with the situation for days and days," said Riccardo Fabiani of Eurasia Group. "Algerians never had problems causing a blood bath to respond to terrorist attacks."

Phone contacts with the militants were severed as government forces closed in, according to the Mauritanian agency, which often carries reports from al-Qaida-linked extremist groups in North Africa.

A 58-year-old Norwegian engineer who made it to the safety of a nearby Algerian military camp told his wife how militants attacked a bus Wednesday before being fended off by a military escort.

"Bullets were flying over their heads as they hid on the floor of the bus," Vigdis Sletten told The Associated Press in a phone interview from her home in Bokn, on Norway's west coast.

Her husband and the other bus passengers climbed out of a window and were transported to a nearby military camp, she said, declining to give his name for security reasons.

News of the bloody Algerian operation caused oil prices to rise $1.25 to close at $95.49 a barrel on the New York Mercantile Exchange, and prompted energy companies like BP PLC and Spain's Compania Espanola de Petroleos SA to try to relocate energy workers at other Algerian plants.

Algerian Interior Minister Daho Ould Kabila said the 20-odd militants entered the country from nearby Libya in three vehicles, in an operation commanded by extremist mastermind Moktar Belmoktar, who is normally based in Mali.

"The Algerian authorities have expressed, many times, to the Libyan authorities, its fears and asked it a dozen times to be careful and secure borders with Algeria," Kabila was quoted as saying on the website of the newspaper Echourouk.

The militants made it clear that their attack was fallout from the intervention in Mali. One commander, Oumar Ould Hamaha, said they were now "globalizing the conflict" in revenge for the military assault on Malian soil.

France has encountered fierce resistance from the extremist groups in Mali and failed to persuade many allies to join in the actual combat. The Algeria raid could push other partners to act more decisively in Mali ? but could also scare away those who are wary of inviting terrorist attacks back home.

___

Associated Press writers Karim Kabir in Algiers, Kimberly Dozier and Robert Burns in Washington, Lori Hinnant and Elaine Ganley in Paris, Shawn Pogatchnik in Dublin, Bjoern H. Amland in Oslo, Norway, Mari Yamaguchi in Tokyo and Cassie Vinograd and Jill Lawless in London contributed to this report.

Source: http://news.yahoo.com/algeria-army-rescues-hostages-toll-211400861.html

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Bishops to send out a million postcards on marriage - Catholic Herald

Archbishop Smith has urged priests to do all they can to oppose the marriage Bill (Photo: Mazur/catholicchurch.org.uk)

Archbishop Smith has urged priests to do all they can to oppose the marriage Bill (Photo: Mazur/catholicchurch.org.uk)

The Bishops? Conference of England and Wales is sending out a million postcards calling on MPs to oppose the Government?s redefinition of marriage.

The postcards will be sent to parishes next week. Each card will have a space for people to sign their name so they can post it to their MP.

The text says that marriage is the ?foundation of the family? and upholds the common good. It does not say anything about same-sex relationships.

Accompanying the cards will be a letter to all parish priests signed by Archbishop Peter Smith of Southwark, chairman of the bishops? Department of Christian Responsibility and Citizenship.

In it, the archbishop says: ?My purpose in writing is to ask you to urge the members of your congregation to make their own views known to their MP.

?To assist them in doing that we have printed postcards ?speak out for marriage? and a bundle of these are with this letter.

?Parishioners simply need to add the name of their own local MP to the address on the front of the card, and their own name and address below the text on the back. Please can you put up the enclosed posters, let your parishioners know the name(s) of your local MP, and strongly encourage your parishioners to send the cards and to give them to their friends to send in as well.?

Archbishop Smith added: ?The first key vote is likely to take place in early February so the time to act is now. We need to encourage as many people as possible to get involved. Please do all you can.?

The postcard campaign follows a letter to the Daily Telegraph signed by more than 1,000 priests arguing that the Government Bill, expected to be published this month, will restrict the freedom of Catholics to teach the truth about marriage.

The text on the postcards

Dear member of Parliament
As a concerned constituent I urge you to vote against the Marriage (same sex couples) Bill.
? Marriage between a man and a woman is the foundation of the family and provides the best circumstances in which to raise the next generation.

? This is why society has recognised marriage as having an identity distinct form any other relationship, however much love or commitment may be involved; marriage is about the common good.

? No mainstream political party promised such a radical change in its last election manifesto. There is therefore no mandate for it.

Please vote against it and let me know your views.

Source: http://www.catholicherald.co.uk/news/2013/01/17/bishops-to-send-out-a-million-postcards-on-marriage/

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Friday, January 18, 2013

Cincinnati, OH 2010 Ford Mustang Used Coupe Dayton, OH Florence, KY Jeff Wyler Eastgate Auto Mall for $19,995


*Plus tax, license & fees. Subject to prior sale. Financing w/approved credit.Incentives deducted as noted. Mileage est.based on current EPA estimates, reflecting new EPA methods beginning w/ 2008 models. For comparison only. Do not compare to pre 2008 models. Actual mileage will vary based on how you drive and maintain your vehicle.Information on this site includes 3rd party data believed to be reliable, subject to change without notice. Jeff Wyler reserves the right to correct any errors and /or omissions in the compilation or presentation of this data and makes no representations express or implied to any prospective purchaser as to the vehicle?s; condition, specifications, history, equipment or equipment function, price or warranties. It is your responsibility to confirm any data prior to purchase. Other than MSRP, all offers expire the same date they are published and subject to change. Wyler ? and Jeff Wyler ? are registered trademarks of the Jeff Wyler Automotive Family.

EPA mileage estimates are for newly manufactured vehicles only. Your actual mileage will vary depending on how you drive and maintain your vehicle.

Before purchasing this vehicle, it is your responsibility to address any and all differences between information on this website and the actual vehicle specifications and/or any warranties offered prior to the sale of this vehicle. Vehicle data on this website is compiled from publicly available sources believed by the publisher to be reliable. Vehicle data is subject to change without notice. The publisher assumes no responsibility for errors and/or omissions in this data the compilation of this data and makes no representations express or implied to any actual or prospective purchaser of the vehicle as to the condition of the vehicle, vehicle specifications, ownership, vehicle history, equipment/accessories, price or warranties.

Source: http://www.jeffwylerspringfield.com/2010-Ford-Mustang-Cincinnati-OH/vd/12959547

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