Selasa, 18 Disember 2012

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US stocks rally on fiscal cliff optimism

Posted: 18 Dec 2012 04:09 PM PST

NEW YORK: US stocks rallied Tuesday amid optimism that Washington was serious about reaching a deal on the "fiscal cliff."

The Dow Jones Industrial Average gained 115.57 points (0.87 per cent) at 13,350.96 in closing trade.

The Standard & Poor's 500 Index was up 16.43 points (1.15 per cent) to finish at 1,446.79. The Nasdaq Composite Index was up 43.93 points (1.46 per cent) to close at 3,054.53.

"Stocks took solace in what appeared to be a step up in the pace of fiscal cliff negotiations," said analysts with Charles Schwab & Co.

President Barack Obama and top Republican John Boehner have stepped up negotiations in recent days in an apparent effort to avert the so-called fiscal cliff -- a combination of tax hikes and spending cuts set to take effect in January.

Apple rose 2.9 per cent. South Korean competitor Samsung said Tuesday it would drop a legal request to ban Apple products in five European countries.

But on Monday, a US judge denied Apple's request to ban a set of Samsung smartphones from the US market after a jury found the South Korean electronics titan guilty of patent infringement.

Google stock was flat at US$721.07 in the wake of word that the European Union will seek an accord with the Internet search giant to resolve anti-trust concerns.

Media audience ratings service Nielsen increased 4.4 per cent after announcing it will buy Arbitron for US$1.26 billion in cash to expand its radio ratings. Arbitron soared 23.6 per cent.

ConocoPhillips, which said it was selling its Algerian business unit, gained 1.8 per cent.

Gunmaker Smith and Wesson Holding Corporation stock dropped roughly 10 per cent amid a US gun control debate sparked by a shooting in Connecticut Friday that saw 27 murdered -- including 20 children -- and shocked the nation.

Another gun maker, Sturm Ruger, lost 7.7 per cent. -- AFP

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First of 8 funerals at Newtown church begins - CBS News

Posted: 18 Dec 2012 08:45 AM PST

NEWTOWN, Conn. Family members have gathered for the first of eight funerals for school shooting victims to be held at a Catholic church in Newtown, Conn.

A motorcade of dozens of vehicles led by police motorcycles accompanied the family of 6-year-old James Mattioli to St. Rose of Lima on Tuesday. His funeral comes a day after two other 6-year-old boys were laid in the first of a long, almost unbearable procession of funerals.

Margarita Rosniak and her 10-year-old daughter, Charlotte, watched from the sidewalk as people entered the church. They had traveled from California for a Christmas vacation in New York and came to Newtown to join the residents in their grief.

Clutching her daughter close, Margarita Rosniak spoke of sympathizing with the parents. Her daughter says she plans to do a school project on the massacre. She asks, "What was the point of it? They're just little kids."

Meanwhile, a funeral for another of the 20 innocent children killed - 6-year-old Jessica Rekos - was also scheduled for Tuesday. Her family says she loved horses and had just asked Santa for new cowgirl boots and a cowgirl hat, CBS News correspondent Randall Pinkston reported.

Security remained high, and the small, affluent Connecticut community was still on edge as the rest of the country prepared for the Christmas holidays.

"There's going to be no joy in school," said 17-year-old P.J. Hickey. "It really doesn't feel like Christmas anymore." But he added, "This is where I feel the most at home. I feel safer here than anywhere else in the world."

In a sign of investors distancing themselves from gun makers, private equity firm Cerberus Capital Management announced it would sell its stake in major arms manufacturer Freedom Group. It said in a statement, "It is apparent that the Sandy Hook tragedy was a watershed event that has raised the national debate on gun control to an unprecedented level."

The mystery of why a smart but severely withdrawn 20-year-old, Adam Lanza, shot his mother to death in bed before rampaging through Sandy Hook Elementary, killing 20 children ages 6 and 7, was as deep as ever.

Sandy Hook Elementary will remain closed indefinitely.

Investigators say Lanza had no ties to the school he attacked, and they have found no letters or diaries that could explain why he targeted it. He forced into the school shortly after its front door locked as part of a new security measure. He wore all black and is believed to have used a Bushmaster AR-15-style rifle, a civilian version of the military's M-16. Versions of the AR-15 were outlawed in the U.S. under the 1994 assault weapons ban, but the law expired in 2004.

Debora Seifert, a spokeswoman for the federal Bureau of Alcohol, Tobacco, Firearms and Explosives, said both Lanza and his mother fired at shooting ranges and visited ranges together.

At the White House on Monday, spokesman Jay Carney said curbing gun violence is a complex problem that will require a "comprehensive solution." He did not mention specific proposals to follow up on President Barack Obama's call for "meaningful action."

New York City's billionaire Mayor Michael Bloomberg, perhaps the most outspoken advocate for gun control in U.S. politics, again pressed Obama and Congress to toughen gun laws and tighten enforcement.

"If this doesn't do it," he asked, "what is going to?"

At least one senator, Virginia Democrat Mark Warner, said Monday that the attack has led him to rethink his opposition to the ban on assault weapons. And West Virginia Sen. Joe Manchin, a Democrat who is an avid hunter and lifelong member of the powerful National Rifle Association, said it's time to move beyond the political rhetoric and begin an honest discussion about reasonable restrictions on guns.

In Newtown on Monday, minds were on mourning.

Two funeral homes filled for Jack Pinto and the youngest victim, Noah Pozner, who turned 6 just two weeks ago..

A rabbi presided at Noah's service, and in keeping with Jewish tradition, the boy was laid to rest in a simple brown wooden casket with a Star of David on it.

"I will miss your perpetual smile, the twinkle in your dark blue eyes, framed by eyelashes that would be the envy of any lady in this room," Noah's mother, Veronique Pozner, said at the service, according to remarks the family provided to The Associated Press. Both services were closed to the news media.

Noah's twin, Arielle, who was assigned to a different classroom, survived the killing frenzy.

At 6-year-old Jack Pinto's Christian service, hymns rang out from inside the funeral home, where the boy lay in an open casket.

In the middle of town, an ever-growing memorial has become a pilgrimage site for strangers who want to pay their respect.

One man told CBS Station WCBS why he visited: "Because I'm a dad with four beautiful daughters, when I found out it broke my heart. It's hard to sleep, I don't know how to feel."

Authorities say Lanza shot his mother, Nancy, at their home and then took her car and some of her guns to the school, where he broke in and opened fire. A Connecticut official said the mother, a gun enthusiast who practiced at shooting ranges, was found dead in her pajamas in bed, shot four times in the head with a .22-caliber rifle.

Lanza was wearing all black, with an olive-drab utility vest with lots of pockets, during the attack.

As investigators worked to figure out what drove him to lash out with such fury -- and why he singled out the school -- federal agents said he had fired guns at shooting ranges over the past several years but that there was no evidence he did so recently as practice for the rampage.

Debora Seifert, a spokeswoman for the federal Bureau of Alcohol, Tobacco, Firearms and Explosives, said both Lanza and his mother fired at shooting ranges, and also visited ranges together.

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"We do not have any indication at this time that the shooter engaged in shooting activities in the past six months," Seifert said.

Investigators have found no letters or diaries that could explain the attack.

Whatever his motives, normalcy will be slow in revisiting Newtown.

Classes were canceled district-wide Monday, though other students in town were expected to return to class Tuesday.

Dan Capodicci, whose 10-year-old daughter attends the school at St. Rose of Lima Roman Catholic Church, said he thinks it's time for her to get back to classes.

"It's the right thing to do. You have to send your kids back. But at the same time I'm worried," he said. "We need to get back to normal."

Gina Wolfman said her daughters are going back to their seventh- and ninth-grade classrooms tomorrow. She thinks they are ready to be back with their friends.

"I think they want to be back with everyone and share," she said.

Newtown police Lt. George Sinko said whether to send children to school is a personal decision for every parent.

"I can't imagine what it must be like being a parent with a child that young, putting them on a school bus," Sinko said.

The district has made plans to send surviving Sandy Hook students to Chalk Hill, a former middle school in the neighboring town of Monroe. Sandy Hook desks that will fit the small students are being taken there, empty since town schools consolidated last year, and tradesmen are donating their services to get the school ready within a matter of days.

"These are innocent children that need to be put on the right path again," Monroe police Lt. Brian McCauley said.

With Sandy Hook Elementary still designated a crime scene, state police Lt. Paul Vance said it could be months before police turn the school back over to the district.

The shooting has put schools on edge across the country.

Anxiety ran high enough in Ridgefield, Conn., about 20 miles from Newtown, that officials ordered a lockdown at schools after a person deemed suspicious was seen at a train station.

Two schools were locked down in South Burlington, Vt., because of an unspecified threat. A high school in Windham, N.H., was briefly locked down after an administrator heard a loud bang, but a police search found nothing suspicious.

Obama, Boehner move closer to deal, but Boehner also has backup plan - Washington Post

Posted: 18 Dec 2012 08:34 AM PST

Negotiations between Boehner and President Obama have made significant progress in recent days, with Boehner agreeing to the idea of raising tax rates on the wealthiest Americans, and Obama saying he could accept tax increases for households earning $400,000 or more per year. That threshold is a concession from the president's campaign pledge to raise rates on those earning at least $250,000, but it remains unacceptable to many Republicans.

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Isnin, 17 Disember 2012

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Bank Muamalat financing surpasses RM10b

Posted: 17 Dec 2012 06:35 PM PST

Bank Muamalat Malaysia Bhd (BMMB) posted a gross financing of RM10.1 billion for its first half ended Sept 30, 2012.

The achievement is a milestone in the bank's history and was equivalent to a 24.9 per cent growth, year-on-year.

Its pre-tax profit during the first half stood at RM120.2 million, almost reaching its previous full-year performance of RM123.5 million, due to greater contribution from its operating income and continued improvement in collection and recovery, said Bank Muamalat in a statement.

"Our consumer portfolio accelerated faster than what we anticipated despite being in a competitive market.

"Similarly, our asset quality has continued to further improve from our last reporting in June 2012," said Chief Executive Officer Datuk Mohd Redza Shah Abdul Wahid.

The bank's total net income rose to RM496.4 million for the half year under review underpinned by higher financing income.

Bank Muamalat's total assets increased to RM18.2 billion, as at end-September, growing almost 19 per cent from a year ago.

Customer deposits rose to RM16.0 billion from RM13.1 billion previously. Bernama

KL shares open higher in early trading

Posted: 17 Dec 2012 06:11 PM PST

Share prices on Bursa Malaysia opened higher this morning led by gains in selected bluechips prompted by the overnight uptrend in Wall Street, dealers said.

After 15 minutes of trading, the benchmark FTSE Bursa Malaysia KLCI was 0.41 per cent or 6.67 points better at 1,655.25 after opening 1.91 points higher at 1,650.49.

Axiata rose 11 sen to RM6.65, Petronas Gas gained 12 sen to RM18.60 and KLK was 14 sen better at RM21.60.

HwangDBS Vickers Research said US' equity indices rose 0.8-1.3 per cent on Monday, mainly due to investors' speculation and optimism on signs of progress on the looming "fiscal cliff", arising from discussions in the White House.

On the local front, the research house expected the FBM KLCI to likely trade sideways without any fresh leads while the downside would be limited by its immediate resistance level of 1,635.

In a note, HwangDBS said two stocks were expected to come under the spotlight today.

They are TH Heavy Engineering, which is believed to be in the
midst of finalising a joint-venture with an international oil and gas company to develop marginal oilfields in Malaysia, and Metronic Global, after its two shareholders who cumulatively own more than 10 per cent of the company, appointed four new directors.

Meanwhile, the Finance Index rose 23.31 points to 15,168.42, the Industrial Index inched up 4.16 points to 2,688.03 and the Plantation Index gained 32.41 points to 8,029.99.

The Ace Index added 5.97 points to 4,159.4, the FBMT100 advanced 41.65 points to 11,071.14, the FBM Emas increased 39.58 points to 11,211.71 and the FBM Mid 70 index earned 31.46 points to 12,055.42.

On the broader market, there were 118 gainers and 46 losers while 100 counters were unchanged, 1,372 counters untraded and 23 others were suspended.

Volume stood at 70.688 million shares worth RM51.653 million.

Among actives, XOX gained two sen to 22 sen, Metronic Global rose one sen to 12.5 sen and CME and Tiger Synergy added half-a-sen each to seven sen and 32 sen, respectively.

Both ELK-Desa and Ariantec were flat at RM1.16 and sen, respectively.

Heavyweights, Maybank inched up one sen to RM9.05, CIMB gained three sen to RM7.63 and Petronas Chemicals added five sen to RM6.14.

Sime Darby, Maxis and Public Bank were all flat at RM9.13, RM6.50 and RM15.98, respectively. Bernama

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Connecticut town begins grim task of burying children killed in school massacre - Fox News

Posted: 17 Dec 2012 09:34 AM PST

As the nation felt a lump in its collective throat, the small Connecticut town where a madman slaughtered 20 children and six adults at an elementary school braced itself Monday to bury the first two of the littlest victims.

The first funerals in Newtown, Conn., were for two 6-year-olds: Jack Pinto, a year-old New York Giants fan who might be buried in wide receiver Victor Cruz's jersey, and Noah Pozner, who liked to figure out how things worked mechanically. His twin sister, Arielle, who was assigned to a different classroom, survived the shooting.

"He was just a really lively, smart kid," said Noah's uncle Alexis Haller, of Woodinville, Wash. "He would have become a great man, I think. He would have grown up to be a great dad."

Residents of the idyllic town an hour north of New York City set about the grim task and wondered how they would go on. Sandy Hook elementary school remains closed as the children that survived the Friday massacre heal in the embrace of their families.

"We're just now getting ready to talk to our son about who was killed," said Robert Licata, the father of a student who escaped harm during the shooting. "He's not even there yet."
  Classes were canceled Monday, and Newtown's other schools were to reopen Tuesday. The district made plans to send surviving Sandy Hook students to a former school building in a neighboring town but could not say when.

With more funerals planned this week, the road ahead for Newtown, which had already started purging itself of Christmas decorations in a joyful season turned mournful, was clouded.

"I feel like we have to get back to normal, but I don't know if there is normal anymore," said Kim Camputo, mother of two children, 5 and 10, who attend a different school. "I'll definitely be dropping them off and picking them up myself for a while."

Jim Agostine, superintendent of schools in nearby Monroe, said plans were being made for students from Sandy Hook to attend classes in his town this week.

Newtown police Lt. George Sinko said he "would find it very difficult" for students to return to the same school where they came so close to death. But, he added, "We want to keep these kids together. They need to support each other."

Connecticut Education Commissioner Stefan Pryor said state construction employees are giving their advice on renovating Sandy Hook, which serves grades kindergarten through four.

On Sunday, President Obama came to Connecticut on Sunday to express his sorrow for those suffering after the fatal mass shooting of 26 people and to call for an end to such incidents --  offering "the love and hope of a nation" and saying "these tragedies must end."

The president spoke at the Newtown High School after meeting privately with families of the victims and emergency personnel who responded to the deadly shootings Friday inside the Sandy Hook Elementary School in Newtown, Conn.

"I am very mindful that words cannot match the depths of your sorrow," the president said. "But whatever measure of comfort we can provide, we will provide. … Newtown, you are not alone."

The president spoke at a lectern, in front of which was a table set with 26 glass-covered candles, one for each of the 6- and 7-year-olds fatally shot.

"Surely, we can do better than this," said Obama in what was his fourth trip as president to a grieving city after a mass shooting. While he didn't endorse any specific gun control measures Sunday evening, he suggested he would be entering that debate in the weeks to come. 

"These tragedies must end, and to end them we must change," Obama said. 

Authorities identified the shooter Friday as 20-year-old Adam Lanza. He fatally shot his mother before going to the school and killed himself.

Authorities said Lanza was carrying an arsenal of hundreds of rounds of deadly ammunition -- enough to kill nearly every student in the school if given enough time, raising the chilling notion that the bloodbath could have been even worse. Lanza shot himself in the head when he heard police approaching the classroom where he was gunning down helpless children.

Lanza was described as a bright but painfully awkward student who seemed to have no close friends. 

In high school, he was active in the technology club. The club adviser remembered that he had "some disabilities" and seemed not to feel pain like the other students. That meant Lanza required special supervision when using soldering tools, for instance. He also had an occasional "episode" in which he seemed to withdraw completely from his surroundings, the adviser said. Authorities said Lanza had no criminal history, and it was unclear whether he had a job.

Some say the Connecticut shootings may have changed the political dynamic in Washington, although public opinion in favor of gun control has declined over the years. While the White House has said Obama stands by his desire to reinstate a ban on military-style assault weapons, he has not pushed Congress to act.

Several Democratic lawmakers, during appearances on the Sunday talk shows, said the gruesome killings at the school were the final straw in a debate on gun laws that has fallen to the wayside in recent years.

Sen. Joe Lieberman, a Connecticut independent who is retiring, suggested a national commission on mass violence that would examine gun laws and what critics see as loopholes, as well as the mental health system and violence in movies and video games. Durbin said he supports the idea, and would add school safety to the list of topics to examine.

Gun rights activists remained largely quiet on the issue, all but one declining to appear on the talk shows. However, Rep. Louie Gohmert, R-Texas, defended the sale of assault weapons and said that the principal at Sandy Hook Elementary School, who authorities say died trying to overtake the shooter, should herself have been armed.

The Associated Press contributed to this report.

Pro-gun senator says it's time to talk gun regulations - USA TODAY

Posted: 17 Dec 2012 09:38 AM PST

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Ahad, 16 Disember 2012

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MIDF cuts AirAsia’s target price

Posted: 16 Dec 2012 06:20 PM PST

MIDF Research lowered its target price on AirAsia Bhd to RM3.45 from RM3.84 after Asia's largest budget carrier purchased an additional 100 Airbus A320 aircraft.

"We foresee short-term headwinds due to more intense competition from new entrant into its home market and increased uncertainties due to the stock removal from the benchmark stock index," the research house said in a note on Monday.

However, MIDF said the 9.4 billion deal with Airbus would further enhance AirAsia's position as the cost leader in the low cost carriers (LCC) industry.

"Our take on AirAsia is that, in time, it might even overtake the position of Ryanair Holdings Plc in Europe and Southwest in North America as the global leader of LCC given its high order-book for aircraft, and the huge population in Asia which is still under served," MIDF said.

The research house maintained its 'buy' rating on AirAsia shares. By 0929 a.m. (0129 GMT), shares of AirAsia dropped 2.25 per cent to RM2.61, underperforming the benchmark stock index's 0.44 per cent fall. -- Reuters

MAS eyes 80pc A380 load for KL-Paris route

Posted: 16 Dec 2012 06:06 PM PST

Malaysia Airlines (MAS) expects a load factor of 80 per cent for its Kuala Lumpur-Paris-Kuala Lumpur daily route when the Airbus A380 is rolled out in March 1 next year to replace the current Boeing B777 daily services.

"France is a very big country. A lot of French people travel outside the country and at the same time, we have a lot of business going on between the Malaysian government/businessmen and French government/businessmen as well as within the other European countries," said MAS Regional Senior Vice-President
for the UK and Europe, Huib Gorter.

Furthermore, he added, Malaysia is part of the strongly growing tourism sector of the Asia Pacific region and the country itself is an attractive destination for Europeans despite the economic and financial crises in several regions of the world.

"One of the key things is to price your products creatively and at the right time. We have very very good airlines competing with us and we can never ever lose sight, we have to be on top of that and I think we have done it quite well," he told Malaysian journalists attending the just recently concluded

IATA Global Media Day 2012 held in Geneva.

Despite the gloomy eurozone economic outlook, Gorter sees next year as an excellent one for MAS in Europe as the A380 aircraft will definitely enhance MAS' brandname.

He is confident that with the A380's introduction into service with an exciting new level of comfort, luxury and convenience in long-haul travel "we can expect the number of passengers to increase more and more."

The A380 has a capacity of 494 seats in a three-class configuration comprising eight first-class seats and 350 economy-class on the main deck, together with 66 business-class seats and 70 economy-class seats on the upper deck.

Gorter added that with the deployment of the superjumbo on two of the popular European routes (London and Paris), the national carrier will be able to offer the latest premium products and services to travellers and this customer proposition is also certain to increase tourist arrivals into Malaysia next year.

Since MAS commenced its A380 operations on the KL-London route on July 1, 2012, customers' response has been overwhelming, he said, adding that there has been a 22 per cent rise in passenger load from London to KL.

Gorter also said although the UK is MAS' biggest market in Europe, Paris could be another high profile destination, followed by Holland, Germany and Turkey.

Currently, direct flights from Europe to Malaysia (including code sharing) are from Amsterdam (17), Frankfurt (nine), London (14), Paris (daily) and Istanbul (3), with 14 being operated by MAS.

Meanwhile, in order to increase tourist arrivals in Malaysia, Gorter said MAS would be working closely not only with Tourism Malaysia but also with the Sarawak Tourism Board, hoteliers, travel agents and those related with the travel industry.

"We have to be very quick and competitive, we need to have strategies and we have estimated about 122 European tour operators will feature Malaysia in their brochures and online sites," he said.

The Malaysian tourism industry is targeted to contribute RM104 billion to the country's Gross National Income by 2020 for which Malaysia will need to achieve 36 million tourist arrivals in 2020 from 24 million in 2009, a 50 per cent growth.

Malaysia Airlines is the eighth operator of this new aircraft and will receive its remaining two A380s by the first quarter of 2013. -- Bernama

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Obama Heading to Newtown to Grieve With Families - WSJ.com - Wall Street Journal

Posted: 16 Dec 2012 09:05 AM PST

SANDY HOOK, Conn.—President Barack Obama was to join a grieving community here Sunday as authorities continued to piece together how a gunman stormed an elementary school and killed 20 children and six adults, in one of the worst mass shootings in U.S. history.

The White House said Mr. Obama would meet with the families of children and adults slain at Sandy Hook Elementary School in Newtown, Conn., and would speak at a vigil set for 7 p.m. Eastern time.

European Pressphoto Agency

A man carries flowers Saturday down the street from the Sandy Hook Elementary School, in Newtown, Conn. where 20 children were among those killed in Friday's shooting.

The 26 victims who were shot inside the school on Friday were each hit by more than one bullet, most of them from the high-powered semiautomatic rifle wielded by the 20-year-old suspect, the state's chief medical examiner said on Saturday.

Authorities worked into Saturday morning at a temporary morgue on the school grounds to identify the bodies, H. Wayne Carver II said, as state authorities released the names of those killed at the school.

List of Victims

  • Charlotte Bacon, 6
  • Daniel Barden, 7
  • Rachel Davino, 29
  • Olivia Engel, 6
  • Josephine Gay, 7
  • Ana Marquez-Greene, 6
  • Dylan Hockley, 6
  • Dawn Hochsprung, 47
  • Madeleine F. Hsu, 6
  • Catherine V. Hubbard, 6
  • Chase Kowalski, 7
  • Jesse Lewis, 6
  • James Mattioli, 6
  • Grace McDonnell, 7
  • Anne Marie Murphy, 52
  • Emilie Parker, 6
  • Jack Pinto, 6
  • Noah Pozner, 6
  • Caroline Previdi, 6
  • Jessica Rekos, 6
  • Avielle Richman, 6
  • Lauren Rousseau, 30
  • Mary Joy Sherlach, 56
  • Vicki Soto, 27
  • Benjamin Wheeler, 6
  • Allison N. Wyatt, 6

On Saturday afternoon, authorities revealed the truth behind the grim numerical toll: a list of names, overwhelmingly female, heart-rendingly young. Twenty of the 26 victims in the school were just 6 or 7 years old.

"I believe they were all first-graders," Mr. Carver said.

Six adults also were killed in the school, including school psychologist Mary Jo Sherlach, the oldest victim, at age 56.

Shock, Tragedy at Connecticut School

Getty Images

A flag flies half mass outside of a residence near the Sandy Hook School on Saturday.

Mr. Carver said his staff was to do an autopsy Sunday on the two remaining dead in the spree: the suspect, 20-year-old Adam Lanza, who took his own life at the school, and his mother, Nancy Lanza, 52, whom Mr. Lanza shot and killed in the house the two shared in town.

Mr. Lanza's body was found close to the rifle and two handguns he carried, police said, and he is believed to have taken his own life.

Police said they believe Mr. Lanza forced his way into the school Friday morning through a plate-glass partition next to a locked front door, possibly by shooting his way through. But why he had done so remained a mystery, despite waves of speculation among survivors, news reporters and law enforcement.

The quaint New England town on Saturday shared stories of heroics, including those of teachers who died trying to save their young charges, while at the same time it convulsed in grief. Some victims' families retreated in silence to mourn, in houses guarded by state police or private security. But some spoke out.

Police say that alleged gunman Adam Lanza, 20, appears to have broken into Sandy Hook elementary School to gain access to the building. Photo: Associated Press.

Standing before TV cameras Friday night, Robbie Parker, 30 years old, held back tears as he spoke of his murdered daughter, 6-year-old Emilie, and offered condolences to the other victims of the massacre.

"This includes the family of the shooter," Mr. Parker said. "I can't imagine how hard this experience must be for you, and I want you to know that our family and our love and our support goes out to you as well."

Dr. H. Wayne Carver, Conn. Chief Medical Examiner delivered a press conference late Saturday after completing examinations of all the children killed in the school shooting in Newtown, Conn Friday. Photo: AP

Miles away, a local official in Kingston, N.H., read a statement from James Champion, Nancy Lanza's brother, who offered condolences but was too overcome to speak.

"The whole family is traumatized by this event," Kingston Police Chief Donald Briggs Jr. said.

The suspect's father, Peter Lanza, issued a statement of condolence Saturday, according to the Associated Press.

"We too are asking why," it read in part. Peter and Nancy Lanza divorced in 2009, according to court records.

The forcible entry helped solve one of the many unanswered questions about the massacre Friday: how a heavily armed young man was able to pass through the locked security doors of an elementary school.

School staff members saw evidence of forced entry as they were ushered out of the school, said Mary Ann Jacob, a clerk at the school library who hid with others in a storage room during the shooting spree. As they left the building, Ms. Jacob said she saw that the plate-glass window next to the building's front door was broken.

But much remained unanswered, and much of what had been assumed in the rush of the crisis turned out to be wrong. It was incorrect, Lt. J. Paul Vance of the Connecticut State Police said, that Mr. Lanza's mother had had any connection to Sandy Hook Elementary, where early reports suggested she had been a teacher.

Law-enforcement officials initially said an assault rifle had been discovered in a car in the school's parking lot. In fact, said Mr. Carver, the medical examiner, it had been the primary weapon used in the killings.

And a television report that Mr. Lanza had been in some form of altercation at the school earlier this week also appeared false, Lt. Vance said.

Investigators were still trying to glean Mr. Lanza's motives, and why he had chosen to attack the school in Sandy Hook. Lt. Vance said investigators at the scene "did produce some very good evidence" that could be used in "hopefully, painting the complete picture as to how—and more importantly why—this occurred."

The investigation unfolded in the middle of a reeling community—decked out with Christmas decorations but packed with strange out-of-town vehicles, police cruisers and news trucks. The school was expected to remain an active crime scene at least through Sunday, said Lt. George Sinko of the Newtown police. Sandy Hook is a village within Newtown.

In addition to the buildings, investigators were searching a large number of vehicles in the parking lot. The suspect's car remained outside the school on Saturday morning.

One of the victims, first-grade teacher Vicki Leigh Soto, 27, died trying to protect the children she loved, her cousin Jim Wiltsie said. When the gunfire started on Friday morning, she gathered her students and tried to hide them in a classroom closet, officials told her family.

"In doing so, she put herself between the kids and the gunman's bullets," said Mr. Wiltsie, who is a police officer. "That's how she was found. Huddled with her children." He said he didn't know if her students were among the dead.

Diane Day, a therapist at the school, was sitting with the principal, a parent and other staff members for a meeting when she heard gunshots.

"At first we heard a bunch of kids scream, and then it was just quiet and all you could hear was the shooting," Ms. Day said Friday.

Principal Dawn Hochsprung and the school psychologist, Ms. Sherlach, both of whom where killed, leapt from their seats and ran out to help, Ms. Day said. "They didn't think twice about confronting or seeing what was going on," she said.

Without a lock to secure the door, a teacher at the meeting pressed her body against the door to hold it shut, Ms. Day said. That teacher was shot through the door in the leg and arm. "She was our hero," Ms. Day said.

Carrie Usher, a fourth-grade teacher, said she believed the principal turned on the campus loudspeaker system, which broadcast sounds of "screaming and crying" through the school to warn others.

Ms. Usher's class, meanwhile, was in the library, and they hid in the closet.

"The gunfire was just unbelievable. It felt like it lasted for five minutes," the teacher said Friday. "It wouldn't stop." No one in her class was hurt.

In the minutes after the shooting stopped, students were taken to a nearby firehouse that became the staging area for anxious parents who quickly streamed to the campus when the news broke. Many remained there until late Friday night, still awaiting word of their missing children, officials said.

There, some were informed of their children's deaths by Connecticut Gov. Dannel Malloy, whom an aide described as "stricken" in delivering the news.

Rabbi Shaul Praver of Congregation Adath Israel in Newtown said that when the governor came in to announce all the children had been killed, not everyone immediately understood, leaving one parent to shout out, "Does that mean my kid is dead or alive?"

Once the governor was clear that all children were killed, Rabbi Praver said some parents were in shock and others erupted into wailing. One man was hitting himself in the head, said Rabbi Praver. "He wanted to roll himself into a ball," he said. "It was just a horrible thing to see a person in that state of mind."

Across the country, some officials turned to issues of policy, including some calling for additional gun-control measures and to focus on treating the mentally ill.

That included some from Connecticut, like Democratic Rep. John Larson, who called for votes on background checks, bans on high-capacity clips and other measures.

"Politics be damned," Mr. Larson said in a statement. "Of the 12 deadliest shootings in our nation's history, half of them have happened in the last five years. And there is not a single person in America who doesn't fear it will happen again."

But it seemed too soon for policy for officials on the ground, said Democratic Rep. Christopher Murphy, who was recently elected to the U.S. Senate but has represented Newtown in the U.S. House for three terms.

"For those of us who are on the ground here, there's no way for us to think about the policy implications right now," Mr. Murphy said. "But I don't begrudge anyone else who's beginning to raise these issues."

"Obviously, this is going to be an awful week," he said, "because we'll begin to have the funerals, and the real grieving will start."

People in the region are "concerned and scared," said Mark Boughton, the mayor of nearby Danbury, where extra police will be on hand Monday morning outside the city's schools to provide reassurance to parents and students.

Mr. Boughton said a bipartisan commitment to funding better treatment for the mentally ill was long overdue, and while he said his city and Newtown had developed effective emergency-management procedures, there was little to stop an unpredictable threat like the one visited on Sandy Hook.

"If somebody shoots the window in, it doesn't matter that you've got a doorbell in front of the door," he said.

—Josh Dawsey, Will James, Lisa Fleisher, Alison Fox and Aaron Zitner contributed to this article.

Write to Ted Mann at ted.mann@wsj.com

Top Democrat will seek new gun law in next Congress - NBCNews.com

Posted: 16 Dec 2012 09:09 AM PST

By Michael O'Brien, NBC News

Friday's school shooting in Connecticut prompted a renewed effort by lawmakers to re-evaluate gun rights, as a top Democrat vowed Sunday to introduce new legislation on the first day of the new Congress next year.

After the unbelievable tragedy in Connecticut, NBC's Pete Williams gives the latest shooter information update, Connecticut Gov. Dannel P. Malloy discusses his state's healing and New York Mayor Michael Bloomberg advocates for reform to gun ownership standards today on Meet the Press.

The massacre at an elementary school in Newtown, Conn. left 28 dead, including 20 students, seven adults and the suspected shooter, leading proponents of gun control to redouble their efforts to seek new regulations. New York City Mayor Michael Bloomberg, an outspoken advocate of gun control, said the issue should now be atop President Barack Obama's second term agenda.

To that end, California Sen. Dianne Feinstein, D, said she intended to introduce a gun control bill on the first day of the next Congress. Paired with a twin version in the House, Feinstein's law would take aim at limiting the sale, transfer and possession of assault weapons, along with the capacity of high-capacity magazines. 

"It can be done," she said on NBC's "Meet the Press." The senator, a proponent of gun control, said she expected Obama to offer his public support for the law. 

California Sen. Dianne Feinstein

A federal ban on assault weapons, first passed in 1994 and signed by President Bill Clinton, expired in 2004. And while Obama has said he favors its reinstatement, the administration has hardly thrown its weight behind such a proposal during his first term. 

The especially grisly shooting in Connecticut — which follows several other high-profile shootings at a movie theater in Aurora, Colo., and outside a Sikh temple in Wisconsin — might now serve as a catalyzing moment in that dormant gun debate. 

"We're going to have to come together and take meaningful action to prevent more tragedies like this, regardless of the politics," Obama himself said on Friday in the aftermath of the Newtown shooting. 

Outspoken proponents of gun control, like Bloomberg, have now begun to pressure the president to speak out more forcefully on the issue. 

A panel of experts on Meet the Press discusses the recent tragic shooting in Connecticut and how lawmakers should go about addressing gun ownership standards.

"It's time for the president to stand up and lead and tell this country what we should do," said the New York City mayor. "This should be his No. 1 agenda."

There are indications that some of the most commonly discussed measures to rein in weapons enjoy some degree of public support. An early August CNN/ORC poll, conducted in the aftermath of the Colorado and Wisconsin shootings, found varying levels of public support for different gun control proposals. Fifty-seven percent of adults, for instance, said they favored a ban on the manufacture, sale and possession of assault weapons, and 60 percent said they supported a ban on the possession of high-capacity ammunition clips. 

But gun owners' groups, like the National Rifle Association, could prove a significant political obstacle to moving any such proposals through Congress. The NRA — which endorsed Obama's Republican opponent, Mitt Romney, during the presidential campaign — remains a formidable political force. The group could target, for instance, Democrats from rural or centrist districts and states for defeat if they were to vote for such a law. 

Bloomberg argued otherwise. "There is this myth that the NRA is so powerful," he said. "Today the NRA's power is so vastly overrated."

In the meantime, the mayor said, Obama could take action through executive orders to strengthen and update the background check system and more aggressively enforce existing laws. 

On Sunday, the president will travel to Newtown to comfort victims' families and thank first responders for their efforts. Obama will also speak at a vigil this evening.

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Gunman Forced His Way Into School, Police Say - NYTimes.com - New York Times

Posted: 15 Dec 2012 08:57 AM PST

A gunman who killed 26 people in a shooting at an elementary school in Newtown, Conn., before committing suicide forced his way into the building, the authorities said on Saturday morning.

"The victims have been positively identified," Lt. J. Paul Vance, a spokesman for the Connecticut State Police, said at a news conference Saturday morning.  He said that while medical examiners and investigators had several days of painstaking work in front of them, he expected the names of all the victims would be released later Saturday.  

Lieutenant Vance said investigators had found valuable information at the home of the gunman that may help explain why he began his assault, but declined to give details.

"We are hopeful it will paint a complete picture of how and why," Lieutenant Vance said of the evidence.

Only one of the shooting victims survived. That person, who was shot in the foot, remained in a hospital and was to be interviewed by the police on Saturday.

"She will be instrumental in this investigation," Lieutenant Vance said.

The gunman, identified by law enforcement officials as Adam Lanza, started his killing spree at his home, where he shot his mother, Nancy Lanza, in the face, the authorities said.

Mr. Lanza, 20, then drove his mother's car to Sandy Hook Elementary School. Outfitted in combat gear and armed with semiautomatic pistols and a semiautomatic rifle that had been purchased by he mother, Mr. Lanza forced his way into the building and then chose his victims with a brutal efficiency, according to law enforcement officials.

As children hid in closets, barricaded themselves in bathrooms and huddled in classroom corners, Mr. Lanza shot child after child. A janitor ran through the halls alerting others to the shooting, and someone switched on the school intercom, providing more warning and perhaps saving lives, the authorities said.

When the principal and teachers tried to intervene, they, too, were shot dead.

The shooting spree lasted only minutes, but it was enough time to leave a nation stunned and a community shattered.

Even as bodies were removed from the school overnight Friday and investigators continued to work the crime scene, the town began to mourn the dead.

Across Newtown, a picture-perfect New England town where neighbors are a quick with a friendly hello and know one another by name, the Christmas lights and decorations were overwhelmed by memorials. With words so hard to come by, several people hung up signs that simply read, "Pray."

On Friday night, thousands of people flocked to local churches, attending candlelight vigils and seeking comfort in community.

"These 20 children were just beautiful, beautiful children," Msgr. Robert Weiss of St. Rose of Lima Roman Catholic Church told reporters. "These 20 children lit up this community better than all these Christmas lights we have."

A letter from Pope Benedict XVI was read at one of the vigils.

"I ask God our father to console all those who mourn and to sustain the entire community with the spiritual strength which triumphs over violence by the power of forgiveness, hope and reconciling love," the letter said.

At the White House, President Obama struggled to choke back his emotions as he read a statement on Friday. More than once, he dabbed his eyes.

"Our hearts are broken," Mr. Obama said, adding that his first reaction was not as a president, but as a parent.

"I know there is not a parent in America who does not feel the same overwhelming grief that I do," he said.

"They had their entire lives ahead of them: birthdays, graduations, weddings, kids of their own," he added. Then the president reached up to the corner of one eye.

In his Saturday morning weekly address to the nation, Mr. Obama reiterated his call to take "meaningful action to prevent more tragedies like this — regardless of the politics." 

Fatal schoolhouse shootings in Connecticut renew gun control debate - Fox News

Posted: 15 Dec 2012 08:13 AM PST

  • feinstein_dianne_041812.jpg

    FILE: April 18, 2012: Sen. Dianne Feinstein, D-Calif., head of the Senate Select Committee on Intelligence, speaks on Capitol Hill in Washington.AP

The fatal shootings Friday of 26 people at a Connecticut elementary school – including 20 children – immediately reignited the Washington debate about national gun laws.

In Congress, California Democratic Sen. Dianne Feinstein, a leading gun-control advocate on Capitol Hill, called for members to address the issue when a new session starts in January.

"I hope and trust that in the next session of Congress there will be sustained and thoughtful debate about America's gun culture and our responsibility to prevent more loss of life," said Feinstein, who co-sponsored a 1994 bill that resulted in a 10-year ban on many semi-automatic guns, called "assault weapons."

The gunman identified in the killings Friday morning at the Sandy Hook Elementary School in Newtown, Conn., purportedly used a Glock pistol and a Bushmaster rifle.

The guns are similar to those used in two other mass shooting earlier this year -- one at a Colorado movie theatre in July and another at an Oregon mall on Tuesday. And they have become the focus of gun-control advocates because they can rapidly fire multiple rounds.

President Obama amid his sorrow Friday signaled potential administration action, saying, "We need to come together to take meaningful action."

However, he gave no specifics, and the White House signaled earlier in the day the need first to mourn.

"There is I'm sure — will be, rather, a day for discussion of the usual Washington policy debates, but I don't think today is that day," said White House Press Secretary Jay Carney.

Carney's remarks were immediately challenged, particularly by New York City Mayor Michael Bloomberg, who has increasingly called for more gun control.

"Calling for 'meaningful action' is not enough," said Bloomberg, who leads the group Mayors Against Illegal Guns. "We have heard all the rhetoric before. What we have not seen is leadership -- not from the White House and not from Congress. That must end today."

However, at least on Capitol Hill Republican said that tighter control is not the answer.

"That's one thing I hope doesn't happen," New York Rep. Mike Rogers told The New York Times. "What is the more realistic discussion is how do we target people with mental illness who use firearms?"

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