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US stocks easier in choppy trading Posted: 16 Aug 2013 06:51 PM PDT NEW YORK: US stocks on Friday closed out a choppy day of trade on a negative note following a mixed batch of economic data and a big jump in bond yields. The Dow Jones Industrial Average fell 30.72 (0.20 per cent) to 15,081.47. The broad-based S&P 500 declined 5.49 (0.32 per cent) to 1,655.83 while the tech-rich Nasdaq Composite Index slipped 3.34 (0.09 per cent) to 3,602.78. All three indices veered in and out of positive territory throughout the day, steadying somewhat after sharp declines Thursday. Several analysts flagged a steep rise in Treasury bond yields for a second straight day on Friday as a worry. The yield on the 10-year Treasury rose from 2.76 per cent Thursday to 2.83 per cent. New housing starts data showed spending up last month to an annualized pace of 896,000 units, up from 846,000 in June. But analysts were disappointed by a consumer confidence report that showed weaker sentiment in August than July. "The economic news was obviously mixed," said Peter Cardillo of Rockwell Capital Management. Computer maker Dell rose 0.8 per cent after a Delaware court cleared a September 12 shareholder vote on the proposal led by founder Michael Dell to take the company private, rebuffing an effort by Carl Icahn to challenge the proposal. Dell meanwhile reported a 72 per cent drop in second-quarter profits due to falling PC sales. Applied Materials, which provides equipment and software to high-tech sectors, rose 1.9 per cent after promoting president Gary Dickerson to chief executive. Company earnings came in one cent shy of the expected 19 cents per share. Nordstrom became the latest retailer to disappoint investors, dropping 4.9 per cent after besting expectations for second-quarter profit, but trimming its full-year business forecast. The department store operator now expects a total sales increase of 3-4 per cent for the year compared to 4-6 per cent in its previous outlook. Pandora added 2.5 per cent after Goldman Sachs upgraded the stock to "buy." Goldman cited higher advertising revenues per listener hour and said fears about competition from Apple and others are already priced in, Barron's reported. Food company General Mills fell 2.3 per cent after Jefferies downgraded the stock to "underperform," flagging fears the company's cuts to its advertising and media spending will result in lower sales. -- AFP

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NSA statements to The Post - Washington Post Posted: 16 Aug 2013 09:07 AM PDT The National Security Agency offered these comments on The Washington Post's article about privacy violations. Aug. 14 In July 2012, Director of National Intelligence [James R.] Clapper declassified certain statements about the government's implementation of Section 702 in order to inform the public and congressional debate relating to reauthorization of the FISA Amendments Act (FAA). Those statements acknowledged that the Foreign Intelligence Surveillance Court (FISC) had determined that "some collection carried out pursuant to the Section 702 minimization procedures used by the government was unreasonable under the Fourth Amendment." The FISC's finding was with respect to a very specific and highly technical aspect of the National Security Agency's 702 collection. Once the issue was identified and fully understood, it was reported immediately to the FISC and Congress. In consultation with the FISC, the Department of Justice, NSA, and the Office of the Director of National Intelligence worked to address the concerns identified by the FISC by strengthening the NSA minimization procedures, thereby enhancing privacy protections for U.S. persons. The FISC has continued to approve the collection as consistent with the statute and reasonable under the Fourth Amendment. Aug. 12 Obama administration statement on 'compliance incident' statistics. The NSA communications office, in coordination with the White House and Director of National Intelligence, declined to answer questions about the number of violations of the rules, regulations and court-imposed standards for protecting the privacy of Americans, including whether the trends are up or down. Spokesmen provided the following prepared statement. Looking over a 3-year period that includes the 1st first quarter 2010 through second quarter 2013, the data for that quarter are above the average number of incidents reported in any given quarter during that period. The number of incidents in a given quarter during that 3-year period ranged from 372 to 1,162. A variety of factors can cause the numbers of incidents to trend up or down from one quarter to the next. They include, but are not limited to: implementation of new procedures or guidance with respect to our authorities that prompt a spike that requires "fine tuning," changes to the technology or software in the targeted environment for which we had no prior knowledge, unforeseen shortcomings in our systems, new or expanded access, and "roaming" by foreign targets into the U.S., some of which NSA cannot anticipate in advance but each instance of which is reported as an incident. The one constant across all of the quarters is a persistent, dedicated effort to identify incidents or risks of incidents at the earliest possible moment, implement mitigation measures wherever possible, and drive the numbers down. An NSA interview, rewritten The Obama administration referred all questions for this article to John DeLong, the NSA's director of compliance, who answered questions freely in a 90-minute interview. DeLong and members of the NSA communications staff said he could be quoted "by name and title" on some of his answers after an unspecified internal review. The Post said it would not permit the editing of quotes. Two days later, White House and NSA spokesmen said that none of DeLong's comments could be quoted on the record and sent instead a prepared statement in his name. The Post declines to accept the substitute language as quotations from DeLong. The statement is below. We want people to report if they have made a mistake or even if they believe that an NSA activity is not consistent with the rules. NSA, like other regulated organizations, also has a "hotline" for people to report — and no adverse action or reprisal can be taken for the simple act of reporting. We take each report seriously, investigate the matter, address the issue, constantly look for trends, and address them as well — all as a part of NSA's internal oversight and compliance efforts. What's more, we keep our overseers informed through both immediate reporting and periodic reporting. Our internal privacy compliance program has more than 300 personnel assigned to it: a fourfold increase since 2009. They manage NSA's rules, train personnel, develop and implement technical safeguards, and set up systems to continually monitor and guide NSA's activities. We take this work very seriously.

Hannah Anderson makes first public appearance since her rescue - CBS News Posted: 16 Aug 2013 06:29 AM PDT Hannah Anderson, the 16-year-old teen who was rescued Saturday from her alleged abductor following a multi-state manhunt, made her first public appearance since her ordeal. On Thursday afternoon, Anderson attended a fundraiser in the San Diego community of Lakeside where she lived with her mother and brother -- both of whom were killed on August 4 prior to Anderson being allegedly kidnapped by family friend James DiMaggio. DiMaggio was killed in a shootout with police Saturday in Idaho. Hannah Anderson made her first public appearance since her kidnapping ordeal in San Diego on August 15, 2013. / CBS News The Lakeside Boll Weevil restaurant was holding a fundraiser with 20 percent of the sales going to the Anderson family. Wearing sunglasses, Hannah Anderson emerged out from a car and was quickly ushered into the restaurant away from the media. She offered no comment. Later, Anderson's father, Brett, emerged and spoke to reporters. "This is a small community that we are a part of. The community came together putting on this great fundraiser for Hannah... and this is how Lakeside rolls. So I just wanted to say how much we appreciate it from everybody, the community, family, friends for being here ... and local sheriffs and law enforcement." Hannah Anderson's father, Brett Anderson, spoke to the media as a fundraiser was being held in the San Diego community of Lakeside. / CBS News Brett Anderson said he spoke with the horsemen - who spotted Hannah that led to her being found in Idaho -- by phone and thanked them. "It was a chance encounter, but it did save my daughter's life. Other than that, Hannah sends her love. She's doing good day by day, and we'll just keep moving forward from there." Meanwhile, search warrants unsealed Wednesday revealed that DiMaggio tortured Hannah Anderson's mother and brother before killing them. The warrants do not describe the torture, but indicate that, when firefighters arrived at the property, they first discovered Christina Anderson's body after noticing a pair of human feet sticking out underneath a green tarp in the garage. She was face-down and a crowbar was by her head, reports CBS San Diego affiliate KFMB-TV. DiMaggio and Hannah Anderson exchanged about 13 calls before Hannah was picked up from cheerleading practice on Aug. 4. Both phones were turned off, and the home burned several hours later. 10 Photos Calif. teen rescued in Idaho wilderness DiMaggio, 40, was like an uncle to the children and close to the parents for nearly two decades. The warrants describe how DiMaggio took Hannah on multi-day trips, most recently to Malibu and Hollywood. Since her rescue, Anderson supposedly made online postings Monday evening in which she fielded questions on social media about herself and her ordeal. A mother of a close friend of Anderson confirmed the postings were from the teen. CBS News reached out to both Anderson's family and the San Diego Sheriff's Department. Neither denied that the online account is hers. It appears to be authentic because Anderson posted pictures of herself and had conversations before she was kidnapped. When asked if she preferred DiMaggio would have been sentenced to prison for life instead of being killed by authorities, Anderson said, "He deserved what he got."

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