Wall Street up after Alcoa earnings news

NEW YORK (Reuters) - Stocks rose on Wednesday as Alcoa's better-than-expected revenue and a positive outlook boosted investor confidence ahead of an earnings season expected to show lackluster results.

The session's rise was the first of the week after the market retreated from the S&P 500's highest point in five years, hit last Friday. Worries about a weak earnings season kept the markets down earlier in the week.

Shares of Alcoa Inc were trading flat after early gains, following the company's earnings release after the bell on Tuesday. The largest U.S. aluminum producer said it expects global demand for aluminum to grow in 2013.

Traders have been cautious as the current quarter was shaping up like the previous one, with companies lowering expectations in recent weeks, said James Dailey, portfolio manager of TEAM Asset Strategy Fund in Harrisburg, Pennsylvania.

"So the big question and focus is on revenue, and Alcoa had better-than-expected revenue," which calmed the market a little, Dailey said.

Overall, corporate profits were expected to beat the previous quarter's meager 0.1 percent rise. Both earnings and revenues in the fourth quarter were expected to grow by 1.9 percent, according to Thomson Reuters data.

The lowered expectations also leave room for companies to surprise investors even if their results are not particularly strong, analysts said.

The Dow Jones industrial average <.dji> gained 59.47 points, or 0.45 percent, at 13,388.32. The Standard & Poor's 500 Index <.spx> rose 3.86 points, or 0.26 percent, at 1,461.01. The Nasdaq Composite Index <.ixic> was up 14.93 points, or 0.48 percent, at 3,106.74.

Clearwire Corp shares jumped 7.7 percent to $3.15 after Dish Network bid $2.28 billion for the company, trumping a previous Sprint offer and setting the stage for a takeover battle for the wireless service provider that owns crucial mobile spectrum.

Herbalife Ltd stock rose 4 percent to $39.89 following news that hedge fund manager Dan Loeb took a stake of more than 8 percent in the nutritional supplements seller, according to a regulatory filing. Prominent short-seller Bill Ackman had previously accused the company of being a "pyramid scheme," which Herbalife has vehemently denied.

Facebook Inc shares rose above $30 per share for the first time since July 2012, trading up 4.7 percent at $30.43. Facebook, which has been tight-lipped about its plans after its botched IPO in May, invited the media to its headquarters next week.

Apollo Group Inc slid after heavier losses early on, a day after it reported lower student sign-ups for the third straight quarter and cut its operating profit outlook for 2013. Apollo's shares were last off 6.6 percent at $19.55.

(Reporting by Gabriel Debenedetti; additional reporting by Angela Moon; Editing by Nick Zieminski)

Read More..

Global Update: China Moves to Prevent Spread of Yellow Fever From Africa

In a move that underlines how many Chinese citizens now work in Africa, China’s quarantine officials recently urged greater efforts to make sure that a yellow fever epidemic now raging in Sudan does not come back to China.

Local health authorities were asked to scan all travelers arriving from Sudan for fevers. Chinese citizens planning travel to Sudan were advised to get yellow fever shots. Customs officers were told that containers arriving from Sudan might have stray infected mosquitoes inside.

Sudan’s epidemic is considered the world’s worst in 20 years. Sweden, Britain and other donors have paid for vaccinations. The United States Navy’s laboratory in Egypt has helped with diagnoses.

Estimates of the number of Chinese working in Africa, many in the oil and mining industries or on major construction projects, range from 500,000 to 1 million. Experts on AIDS have previously warned that the workers could become a new means of bringing that disease to China, which has a low H.I.V.-infection rate.

ProMED-mail, a Web site that follows emerging diseases, has tracked reports about the Sudan outbreak, with its moderators adding valuable context. China’s mosquito-killing winters make a large yellow fever outbreak there unlikely, moderators said. But Sudan’s containment efforts are troubled. For example, vaccinated people cannot get cards proving they have had shots, but the cards are reported to be for sale at police checkpoints.

Australia’s now-endemic dengue fever, according to ProMED moderators, may have come from mosquitoes arriving in containers from East Timor.

Read More..

Sony unveils Xperia Z Android phone with full HD display

Title Post: Sony unveils Xperia Z Android phone with full HD display
Url Post: http://www.news.fluser.com/sony-unveils-xperia-z-android-phone-with-full-hd-display/
Link To Post : Sony unveils Xperia Z Android phone with full HD display
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..

Harley Pasternak: How Better Sleep Keeps Your Weight Down

Only on People.com

By Harley Pasternak

01/08/2013 at 03:45 PM EST

Harley Pasternak

Courtesy Harley Pasternak

Sleep well, stay lean!

When I don't get a good night's sleep, I'm exhausted, grumpy and starving! Needless to say, I don't have the energy to do my daily workout, and I eat everything in sight. After a few sleepless nights, I swear I feel myself actually getting a little heavier ... and I probably am!

There are several reasons why not getting enough (quality) sleep can make you gain weight.

The first has to do with your hormones – specifically, ghrelin and leptin. Ghrelin is an appetite-stimulating hormone produced in your stomach that tells your body when it should eat. Leptin influences energy expenditure and basically tells you when to stop eating. When you don't get enough sleep, your leptin levels decrease, so you feel less satisfied and eat more to compensate. And your ghrelin levels rise, so your appetite increases. Studies have shown that you may eat up to 20 percent more food because of this.

The second factor has to do with how lack of sleep leads not only to poor food choices but to decreased energy expenditure during the day. When we're tired, we're more likely to choose convenience over health when it comes to meals and snacks. We tell ourselves it's easier and faster to stop at the drive-through on the way home rather than prepare a nutritious meal. Also, we're more drawn to sugary sweets for an energy boost, which are just empty calories. Plus, we don't have the energy to go through the normal motions of our day, much less exercise, so we're burning minimal calories.

Finally, the longer you're awake, the more time you have to eat. If you eat dinner at 7 and don't go to bed until 12:30, you're probably going for a late snack. If you go to bed before you get hungry again, you're saving hundreds of calories and getting the rest your brain and body needs.

So let's resolve this year to get more sleep. Here are some tips my clients have shared with me over the years that have helped them get more zzz's.

1. Get ready for bed as soon as you get home.

This stops the "I'm too tired for bed" cycle that many of us know all too well – eating dinner and then watching TV or reading until we're already half asleep. Right when you get home, change in to your comfy clothes, wash your face, take out your contacts, etc. This mentally and physically prepares us for bed.

2. Make your bedroom a tech-free zone.

TVs and iPads and phones give us unnecessary stimulation when we're supposed to be relaxing. Then all night they're chirping and chiming at us – jeopardizing the quality of our sleep, which can be just as harmful as diminished quantity.

3. Be active all day.

Studies show that people who are physically active get more quality sleep than those who aren't. Go for a walk in the morning before work, and after dinner.

4. Have a caffeine cut-off.

As a self-professed coffee addict, this one is the hardest for me. Over years of trial and error, I've found that if I cut off caffeine intake by 2 p.m., I have a more restful night's sleep.

5. Plan ahead for tomorrow.

This one is key for my wife. Every night she lays out what she's going to wear the next day, and packs her lunch and snacks and sticks them in the fridge. She goes to bed knowing she won't have to scramble in the morning, which helps her rest easier.

6. Try sensory deprivation.

Don't laugh, but my wife and I both sleep with earplugs in. We find that by shutting out any and all sounds, we fall asleep faster and stay asleep longer. Try it. You'll see what I mean.

What are your favorite sleep tips? Tweet me @harleypasternak – and let me know.

Check back every Wednesday for more insider tips from celebrity trainer Harley Pasternak on Hollywood's hottest bodies – and learn how to get one yourself! Plus: Follow Harley on Twitter at @harleypasternak

Read More..

Report: Death rates from cancer still inching down

WASHINGTON (AP) — Death rates from cancer are continuing to inch down, researchers reported Monday.

Now the question is how to hold onto those gains, and do even better, even as the population gets older and fatter, both risks for developing cancer.

"There has been clear progress," said Dr. Otis Brawley of the American Cancer Society, which compiled the annual cancer report with government and cancer advocacy groups.

But bad diets, lack of physical activity and obesity together wield "incredible forces against this decline in mortality," Brawley said. He warned that over the next decade, that trio could surpass tobacco as the leading cause of cancer in the U.S.

Overall, deaths from cancer began slowly dropping in the 1990s, and Monday's report shows the trend holding. Among men, cancer death rates dropped by 1.8 percent a year between 2000 and 2009, and by 1.4 percent a year among women. The drops are thanks mostly to gains against some of the leading types — lung, colorectal, breast and prostate cancers — because of treatment advances and better screening.

The news isn't all good. Deaths still are rising for certain cancer types including liver, pancreatic and, among men, melanoma, the most serious kind of skin cancer.

Preventing cancer is better than treating it, but when it comes to new cases of cancer, the picture is more complicated.

Cancer incidence is dropping slightly among men, by just over half a percent a year, said the report published by the Journal of the National Cancer Institute. Prostate, lung and colorectal cancers all saw declines.

But for women, earlier drops have leveled off, the report found. That may be due in part to breast cancer. There were decreases in new breast cancer cases about a decade ago, as many women quit using hormone therapy after menopause. Since then, overall breast cancer incidence has plateaued, and rates have increased among black women.

Another problem area: Oral and anal cancers caused by HPV, the sexually transmitted human papillomavirus, are on the rise among both genders. HPV is better known for causing cervical cancer, and a protective vaccine is available. Government figures show just 32 percent of teen girls have received all three doses, fewer than in Canada, Britain and Australia. The vaccine was recommended for U.S. boys about a year ago.

Among children, overall cancer death rates are dropping by 1.8 percent a year, but incidence is continuing to increase by just over half a percent a year. Brawley said it's not clear why.

Read More..

Wall Street indexes slide, AT&T down

NEW YORK (Reuters) - Stocks dropped on Tuesday as investors pulled back from last week's rally on the "fiscal cliff" deal in Washington, and ahead of what is expected to be a weak earnings season.

AT&T Inc stock dropped 1.5 percent to $34.42, making it one of the biggest drags on the S&P 500, after the company said it sold more than 10 million smartphones in the quarter. This figure beat the same quarter in 2011, but also meant increased costs for the wireless service provider.

Providers like AT&T pay hefty subsidies to handset makers so that they can offer device discounts to customers who commit to two-year contracts.

After a 4.3 percent jump in the two sessions around the close of the fiscal cliff negotiations, the S&P has fallen and investors have found few catalysts to extend the rally that took the benchmark to five-year highs.

"We had a brief respite courtesy of what happened on the fiscal cliff deal and the flip of the calendar with new money coming into the market," said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama.

"But now the stark reality of uncertainty with regard to earnings, plus the negotiations on the debt ceiling, are there and that doesn't give investors a lot of reason to take bets on the long side."

The Dow Jones industrial average <.dji> fell 73.68 points, or 0.55 percent, at 13,310.61. The Standard & Poor's 500 Index <.spx> dropped 7.31 points, or 0.50 percent, at 1,454.58. The Nasdaq Composite Index <.ixic> lost 12.53 points, or 0.40 percent, at 3,086.29.

Fourth quarter profits are expected to beat the previous quarter's lackluster results, but analyst estimates are down sharply from October. Quarterly earnings are expected to grow by 2.7 percent, according to Thomson Reuters data.

With AT&T's fall, the S&P telecom services index <.gspl> was the worst performer of the 10 major S&P sectors, down 2.6 percent.

Sears Holdings shares dropped nearly 5 percent to $40.79 a day after the company said Chairman Edward Lampert would take over as CEO from Louis D'Ambrosio, who is stepping down due to a family member's health issue. The U.S. retailer also reported a 1.8 percent decline in quarter-to-date sales at stores open at least a year.

Markets went lower as some of the first reported earnings were weak.

"It doesn't seem to be bouncing back, it might stay here or sell off a little further," said Stephen Carl, head of U.S. equity trading at The Williams Capital Group in New York.

Shares of restaurant-chain operator Yum Brands Inc fell 4.2 percent to $65.03 a day after the KFC parent warned sales in China, its largest market, shrank more than expected in the fourth quarter.

GameStop was one of the worst performers on the S&P 500 as shares slumped 5.4 percent to $23.41 after the video game retailer reported low customer traffic for the holiday season and cut its guidance.

Shares of Monsanto Co gained 2.5 percent to $98.40 after reaching a more than four-year high at $99.99. The world's largest seed company raised its earnings outlook for fiscal year 2013 and posted strong first-quarter results.

Education provider Apollo Group and Dow component Alcoa Inc , the largest U.S. aluminum producer, round out the start of earnings season after the closing bell.

(Reporting by Gabriel Debenedetti; Editing by Kenneth Barry and Nick Zieminski)

Read More..

World Briefing | Europe: Russia: Orthodox Leader Presses for More Adoptions

The patriarch of the Russian Orthodox Church used his Christmas address on Monday to encourage Russians to adopt orphans, as the country adjusts to a decision to bar Americans from adopting Russian children. The ban, which is retaliation for American legislation intended to punish Russian human rights violators, drew criticism, including from some government officials, largely because 120,000 children in Russia are awaiting adoption. “How important it is that our people should gladly, with a special feeling of gratitude to God, take orphans into their families,” Patriarch Kirill I said in a recorded address broadcast for Orthodox Christmas on Monday. “We should not have orphans in our country,” he added.

Read More..

LG kicks off CES with 55-inch ‘ultra-HD’ TV

LAS VEGAS (AP) — LG unveiled a 55-inch TV that sports “ultrahigh-definition” resolution with four times the sharpness of regular HD television sets, kicking off what is likely to be a mini-obsession with the latest super-clear format at the annual International CES gadget show.

The model announced Monday is the smallest in a 2013 lineup that includes 65-inch and 84-inch versions. But the smaller size — and smaller price tag — begins the parade of TV makers that are seeking to bring ultrahigh definition to the masses.

Also known as “4K,” ultrahigh-definition screens are 3,840 pixels wide and 2,160 pixels tall, or more than 8 million in all. The higher resolution will let TV screens get larger without degrading picture quality, though initially the price tag will limit those sets to technology’s early adopters.

LG said the 55-inch and 65-inch versions will be available later this year in the U.S. No price was announced, but it will be less than $ 10,000. The 84-inch version that went on sale late last year cost $ 20,000.

For a few years, though, there won’t likely be a mainstream standard for getting native ultra-HD movies and TV shows to the screen either by disc or broadcast.

LG Electronics Inc. said these new TVs will have upscaling technology that takes images of lesser quality and renders them in high detail. The Korean electronics maker also said it has formed an ultra-HD content agreement with Korea’s top broadcaster, KBS, and is seeking out deals with other global content providers. The company offered no specifics.

LG said that with an ultra-HD TV, it will be possible to play phone games with very sharp resolution and in 3-D. The company said it has been possible to hook up smartphones to the TV to play games with current sets, but the resolution isn’t good.

Along with the lineup of higher-resolution TVs, LG unveiled a new Magic Remote, which acts like a wand that is sensitive to motion and is used to navigate on-screen menus. LG said the new model responds better to natural speech and can be controlled with a single finger rather than “very tiring arm gestures.” It also lets you change the channels by writing numbers in the air.

The company also touted the ability to tap different devices so they can share data. With that capability, you’d be able to see what’s inside your refrigerator while shopping, and you’d be able to monitor how clean your house is getting with cameras on a robotic vacuum. Washing machines will also have such capabilities.

Gadgets News Headlines – Yahoo! News

Title Post: LG kicks off CES with 55-inch ‘ultra-HD’ TV
Url Post: http://www.news.fluser.com/lg-kicks-off-ces-with-55-inch-ultra-hd-tv/
Link To Post : LG kicks off CES with 55-inch ‘ultra-HD’ TV
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..

Carrie Underwood Tweets Support for Husband Mike Fisher After NHL Lockout Ends

By Maggie Coughlan

01/07/2013 at 03:00 PM EST

Mike Fisher and Carrie Underwood

Steve Marcus/Landov

Most hockey fans are thrilled the 113-day NHL lockout is over.

Carrie Underwood? Not so much.

Although Underwood – who has been married to professional hockey player Mike Fisher since 2010 – was quick to celebrate her husband's return to the ice, she couldn't help but joke about it.

"Well, folks, hockey is back!" she Tweeted on Sunday. "I just lost my purse holder but gained cheering on my hot husband as he kicks butt! #GoPreds."

While supportive of Fisher's career, the lighthearted Underwood, 29, is anything but quiet when it comes to voicing her opinion on what comes with being married to a hockey player.

Last April, when Fisher, 32, and his Nashville Predators – he was traded from the Ottawa Senators in February of 2011 – made it to the NHL playoffs, Underwood was thrilled for her husband's success, but not for his impending playoff beard.

"[The players] all grow out their facial hair during the playoffs," she told PEOPLE last year. "So before they started, I told Mike, 'You need to shave close.' He always looks good with a little stubble, but it's probably going to get out of hand soon."

It will come even sooner this season as Fisher points out on his site: "It's nice to finally be able to put this behind us and we can finally start thinking about hockey again ... It's going to go by really quickly, and before you know it the playoffs will be starting."

Read More..

Organ donations fall in Germany after scandal

BERLIN (AP) — Organ donations have dropped sharply in Germany following a scandal over alleged corruption at several transplant clinics.

The German Foundation for Organ Transplantation says the number of organs donated fell almost 13 percent to 3,917 last year, the lowest figure in a decade.

Several German clinics are being investigated over allegations that doctors manipulated waiting lists to help some patients appear sicker than they were and so receive transplants sooner.

The foundation said Monday that the scandal had "massively shaken" the public's faith in the transplant system.

Some 12,000 people in Germany require organ transplants each year.

Read More..