Selasa, 6 November 2012

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MIDF cuts Hartalega to 'neutral'

Posted: 06 Nov 2012 05:50 PM PST

MIDF Research downgraded Hartalega Holdings Bhd, the world's top synthetic glove maker, to a "neutral" from "buy" after shares of the company reached an all-time high.

"The stock has increased significantly in the last few months, appreciating 65.7 percent year-to-date and is currently trading at its highest level. At this juncture, we believe there is limited upside potential for price appreciation in the near term," said MIDF in a report on Wednesday.

It maintained a target price of RM5.10 for the stock.

The stock was buoyed by the company's improved earnings for the first half of 2013 financial year. Revenue rose 12 percent to RM502.7 million, while net profit rose 10.9 percent to RM111.9 million, according to MIDF.

Hartalega shares were up 1.84 percent at RM4.98. -- Reuters

KL shares open trade lower

Posted: 06 Nov 2012 06:38 PM PST

Share prices on Bursa Malaysia extended losses for the third consecutive day Wednesday, despite advances seen on Wall
Street overnight, dealers said.

As at 9.40 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.91 points lower at 1,647.45 after opening at 1,649.36.

US stocks posted strong performance for the second consecutive day as the country went to the US presidential election to elect between Barack Obama and Mitt Romney for the president.

On the local front, the Finance Index fell 3.27 points to 15,012.06, while the FBM Ace Index rose 13.72 points to 4,288.46 and the FBM Mid 70 Index added 17.56 points to 12,414.24.


The Industrial Index shed 3.38 points to 2,851.33, the FBM Emas Index declined 13.22 points to 11,254.88, the FBMT100 slipped 12.88 points to 11,090.15 and the Plantation Index fell 8.48 points to 8,132.91.

Gainers led losers 170 to 104, with 204 counters unchanged and 1,165 untraded.

Volume stood at 172.846 million shares worth RM116.917 million.

For the actives, Sycal Ventures earned one sen to 21 sen, while Niche Capital lost two sen to 16 sen.

Among heavyweights, Maybank, Sime Darby, CIMB and Petronas Chemicals were flat at RM9.04, RM9.75, RM7.71 and RM6.45, respectively. Bernama

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Obama congratulates Romney on "spirited campaign" - Reuters

Posted: 06 Nov 2012 09:27 AM PST

First lady Michelle Obama hugs U.S. President Barack Obama on last night of campaigning while in Des Moines, Iowa, November 5, 2012. REUTERS/Larry Downing

CHICAGO | Tue Nov 6, 2012 12:24pm EST

(Reuters) - U.S. President Barack Obama congratulated Republican rival Mitt Romney on Tuesday for running a hard-fought race for the White House and expressed confidence he would win re-election during a stop at a local campaign office to thank volunteers.

"I ... want to say to Governor Romney congratulations on a spirited campaign. I know that his supporters are just as engaged and just as enthusiastic and working just as hard today," Obama said as volunteers made phone calls encouraging supporters to get to the polls.

"We feel confident we've got the votes to win, but it's going to depend ultimately on whether those votes turn out. And so I would encourage everybody on all sides just to make sure that you exercise this precious right that we have that people fought so hard for us to have."

Obama made calls to volunteers from the campaign office to thank them for working for his re-election.

"I expect that we'll have a good night, but no matter what happens, I just want to say how much I appreciate everybody who supported me, everybody who's worked so hard on my behalf," he said.

Opinion polls show Obama and Romney in a virtual dead heat, although the Democratic incumbent has a slight advantage in several vital swing states that could give him the 270 electoral votes needed to win the state-by-state contest.

Traditionally presidential candidates get media attention on Election Day by going to vote. But Obama cast his ballot in Chicago last month - part of his campaign's push to get its supporters to vote early.

So the president's visit to the office gave him a chance to get in front of the cameras, generate news coverage and encourage turnout.

Obama and Romney, a former Massachusetts governor and private equity executive, have fought a largely negative campaign. Obama's team attacked Romney for his business record, and Romney's team criticized the president for presiding over high unemployment and a slow economic recovery.

Obama's conciliatory comments represent the close of the bitter campaign and could appeal to last-minute undecided voters, who are turned off by the lack of bipartisanship in Washington.

In addition to his campaign office stop, Obama is doing a round of interviews and is expected to play basketball with friends, a tradition for the sports-loving president on Election Day.

(Editing by Xavier Briand)

Suspense to the finish, Biden surprises Romney-Ryan with dueling stop in ... - Washington Post

Posted: 06 Nov 2012 09:34 AM PST

CLEVELAND — Campaign 2012 packed frantic suspense to the finish, with Vice President Joe Biden flying in unannounced next to Republican Mitt Romney's campaign plane in battleground Ohio on Tuesday even as voters across the country were deciding who would win the White House.

President Barack Obama stayed in hometown Chicago, reaching out to swing-state voters on the phones and via satellite while the other three men on the rival tickets had a high noon face-off near the shore of Lake Erie.

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Isnin, 5 November 2012

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SapuraKencana up on deal with Seadrill

Posted: 05 Nov 2012 06:19 PM PST

SapuraKencana Petroleum Bhd rose as much as 7.75 percent after the Malaysian oil and gas services firm said on Monday it is acquiring 100 percent of Seadrill's tender rig business in a US$2.9 billion deal.

"While SapuraKencana has not finalised the funding structure for the deal, we believe that the proposed integration will create value for its shareholders," HwangDBS Vickers Research said in a note on Tuesday.

Assuming 66 percent debt to fund the deal, the transaction would significantly add to earnings (excluding potential advisory fees) with 39-34 percent upside to HwangDBS' earnings per share forecast on SapuraKencana for the financial year ending Jan. 31, 2014 (FY2014)-FY2015 given the superior profit margin for Seadrill's tender rig business.

The research house maintained its "buy" rating on the counter with a target price of RM3.00 per share.

Shares of SapuraKencana were up 7.38 percent at RM2.91 by 10.14am, outperforming the benchmark index's 0.32 percent drop. -- Reuters

Kenanga raises Parkson target price

Posted: 05 Nov 2012 07:09 PM PST

Kenanga Research raised its target price on department store group Parkson Holdings Bhd to RM5.13 from RM4.86 on the back of the firm's retail outlet expansion in Myanmar.

Parkson's first store will be developed through a joint venture with Yoma Strategic Holdings Ltd and First Myanmar Investment Company Ltd. Beyond that, the group aims to open a full-fledged department store at around 200,000 square feet in Yangon in three to four years, catering to the mid to upper-middle income segment.

"We are positive on the news as this would be an opportunity for Parkson to strengthen and expand its network in Myanmar by leveraging on its partners' expertise and strengths to gain first-mover advantage in the rapidly growing retail sector in the country," Kenanga said in a note on Tuesday.

The research house kept its 'market perform' call on the stock.

However, as of 0252 GMT, Parkson shares were down 1.7 per cent against the Malaysian benchmark stock index's 0.5 per cent drop. - Reuters
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Obama, Romney pursue last votes in deadlocked race - Chicago Tribune

Posted: 05 Nov 2012 09:12 AM PST

CBS Political Director John Dickerson maps out possible ways to win for the two presidential campaigns.

President Barack Obama and Republican challenger Mitt Romney make a frenetic dash to a series of crucial swing states on Monday, delivering their final arguments to voters on the last day of an extraordinarily close race for the White House.

              After a long, bitter and expensive campaign, national polls show Obama and Romney are essentially deadlocked ahead of Tuesday's election, although Obama has a slight advantage in the eight or nine battleground states that will decide the winner.

              Obama plans to visit three of those swing states on Monday and Romney will travel to four to plead for support in a fierce White House campaign that focused primarily on the lagging economy but at times turned intensely personal.

              The election's outcome will impact a variety of domestic and foreign policy issues, from the looming "fiscal cliff" of spending cuts and tax increases that could kick in at the end of the year to questions about how to handle illegal immigration or the thorny challenge of Iran's nuclear ambitions.

              The balance of power in Congress also will be at stake on Tuesday, with Obama's Democrats now expected to narrowly hold their Senate majority and Romney's Republicans favored to retain control of the House of Representatives.

              In a race where the two candidates and their party allies raised a combined $2 billion, the most in U.S. history, both sides have pounded the heavily contested battleground states with an unprecedented barrage of ads.

              The close margins in state and national polls suggested the possibility of a cliffhanger that could be decided by which side has the best turnout operation and gets its voters to the polls.

              In the final days, both Obama and Romney focused on firing up core supporters and wooing the last few undecided voters in battleground states.

              Romney reached out to dissatisfied Obama supporters from 2008, calling himself the candidate of change and ridiculing Obama's failure to live up to his campaign promises. "He promised to do so very much but frankly he fell so very short," Romney said at a rally in Cleveland, Ohio, on Sunday.

              Obama, citing improving economic reports on the pace of hiring, argued in the final stretch that he has made progress in turning around the economy but needed a second White House term to finish the job. "This is a choice between two different versions of America," Obama said in Cincinnati, Ohio.

              FINAL SWING-STATE BLITZES

              Obama will close his campaign on Monday with a final blitz across Wisconsin, Ohio and Iowa - three Midwestern states that, barring surprises elsewhere, would be enough to get him more than the 270 electoral votes needed for victory.

              Polls show Obama has slim leads in all three. His final stop on Monday night will be in Iowa, the state that propelled him on the path to the White House in 2008 with a victory in its first-in-the nation caucus.

              Romney will visit his must-win states of Florida and Virginia - where polls show he is slightly ahead or tied - along with Ohio before concluding in New Hampshire, where he launched his presidential run last year.

              The only state scheduled to get a last-day visit from both candidates is Ohio, the most critical of the remaining battlegrounds - particularly for Romney.

              The former Massachusetts governor has few paths to victory if he cannot win in Ohio, where Obama has kept a small but steady lead in polls for months.

              Obama has been buoyed in Ohio by his support for a federal bailout of the auto industry, where one in every eight jobs is tied to car manufacturing, and by a strong state economy with an unemployment rate lower than the 7.9 percent national rate.

              That has undercut Romney's frequent criticism of Obama's economic leadership, which has focused on the persistently high jobless rate and what Romney calls Obama's big spending efforts to expand government power.

              Romney, who would be the first Mormon president, has centered his campaign pitch on his own experience as a business leader at a private equity fund and said it made him uniquely suited to create jobs.

              Obama's campaign fired back with ads criticizing Romney's experience and portraying the multimillionaire as out of touch with everyday Americans.

              Obama and allies said Romney's firm, Bain Capital, plundered companies and eliminated jobs to maximize profits. They also made an issue of Romney's refusal to release more than two years of personal tax returns.

              (Editing by Alistair Bell and Christopher Wilson)

Superstorm Sandy's victims brace for new storm - CBS News

Posted: 05 Nov 2012 07:56 AM PST

NEW YORK A new storm was expected to hit the New York-New Jersey region still shivering and cleaning up after last week's Superstorm Sandy, bringing the threat of 55 mph gusts and more beach erosion, flooding and rain by Wednesday.

25 Photos

New Yorkers helping neighbors after Sandy

Play Video

Cold weather a new problem for Sandy victims

Temperatures dipped toward freezing early Monday, and tens of thousands of people without power along the ravaged Atlantic coastline faced the growing certainly that they would have to find somewhere else to stay. Especially hard hit were the thousands in public housing, who often have no place to go and barricade themselves in darkened apartments for the 12 hours of night.

"Nights are the worst because you feel like you're outside when you're inside," said Genice Josey, a Far Rockaway resident who sleeps under three blankets and wears long johns under her pajamas. "You shiver yourself to sleep."

David Bernard, chief meteorologist for CBS' Miami station WFOR-TV, reports that between Tuesday night and early Wednesday morning the storm will begin to gather strength off the Outer Banks of North Carolina.

The weather will likely deteriorate across the Northeast during the day Wednesday, Bernard reports. Even inland areas like Washington, D.C., could see a heavy, wet snow Wednesday evening before changing over to rain. The bad weather could last until Thursday night and possibly even Friday night.

As more than a million students joined the morning rush hour Monday for the first time since the storm, commuters continued to wait - and sometimes sleep - in their cars in long lines for gas. Other commuters packed the limited-service Long Island trains so tightly that some people couldn't get on.

"We're a gallon away from turning into a Third World country," New York commuter Scott Sire said Monday.

Play Video

Obama on Sandy: We will put "120 percent" toward recovery

Play Video

Romney on Hurricane Sandy: "We are going through trauma"

And with the U.S. presidential election on Tuesday, New York City's mayor was asked if the city would be ready for it. "I have absolutely no idea," Michael Bloomberg said.

The new storm worried the large swaths of the region that were returning to something resembling normal.

"Prepare for more outages," said National Weather Service meteorologist Joe Pollina. "Stay indoors. Stock up again."

Sandy left more than 100 people dead in 10 states. Half a million people in New York state remained without power, and more than 800,000 were without power in New Jersey a week after the storm.

To help victims of Sandy, donations to the American Red Cross can be made by visiting Red Cross disaster relief, or you can text REDCROSS to 90999 to make a $10 donation.

With temperatures sinking into the 30s overnight, New York City officials handed out blankets and urged victims to go to overnight shelters or daytime warming centers.

But government leaders began to wonder where to find housing in the densely developed area around the largest U.S. city for the tens of thousands whose homes could be uninhabitable for weeks or months.

Bloomberg said 30,000 to 40,000 New Yorkers may need to be relocated - a monumental task in a city where housing is scarce and expensive - though he said that number will probably drop to 20,000 within a couple of weeks as power is restored in more places.

Play Video

On the Road: Children of the storm

"We're not going to let anybody go sleeping in the streets. ... But it's a challenge, and we're working on it," Bloomberg said.

One option is setting up Federal Emergency Management Agency trailer camps of the kind that existed after Hurricane Katrina hit New Orleans in 2005, said George W. Contreras, associate director of the emergency and disaster management program at Metropolitan College of New York.

Contreras speculated that large encampments might be set up at a stadium, in a park or in some other open space in the city - something he couldn't recall being done in New York ever before.

"The amount of actual units the city might have in buildings is probably very limited, so I think people will be in FEMA shelters for a while," he said.

49 Photos

Sandy's devastation on Staten Island

Play Video

Good Samaritans bring relief to Staten Island

In a powerless and heavily flooded Staten Island neighborhood, Sara Zavala sleeps under two blankets and layers of clothing. She has a propane heater but turns it on for only a couple of hours in the morning.

"When I woke up, I was like, 'It's freezing.' And I thought, 'This can't go on too much longer,'" she said Sunday.

Nearly 1 million homes and businesses were still without power in New Jersey, and about 650,000 in New York City, its northern suburbs and Long Island.

Sue Chadwick, who left her Long Island, house ahead of the storm, said Sunday night she and others were told to leave their Extended Stay America hotel rooms in Melville that she had booked through the end of next week - to make room for other storm victims.

Chadwick's own house remained uninhabitable. She found her way to Vermont to stay with family.

"It's not like I'm there on business and could catch the next plane out," she said. "There are people in worse shape, but I just feel like when people are in these dire circumstances, you don't want to make it worse."

The phone rang unanswered at the hotel Sunday night.

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Ahad, 4 November 2012

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RHB ups Parkson's fair value

Posted: 04 Nov 2012 06:45 PM PST

RHB Research raised its fair value estimate on shares of Parkson Holdings Bhd to RM5.32 from RM4.90, citing the retailer's expansion plans.

Parkson shares were flat at RM5.20, while the benchmark composite index was down 0.07 percent at 1654.94.

Parkson's operations in China will continue to be a key driver for the company's prospects, with 8 to 10 stores opening annually in smaller cities, RHB said in a note on Monday.

The company's operations in Indonesia is growing steadily and it plans to open stores in Cambodia and Myanmar in 2013, the brokerage said. In Malaysia, the firm's wholly-owned shopping mall, KL Festival City, contributed to operating profit positively in 2012, RHB said.

However, Parkson's shares could be hurt by a slowdown in consumer spending in China and if expenses on new stores and malls exceed expectations, it added. -- Reuters

Affin raises Petra Energy to 'add'

Posted: 04 Nov 2012 07:23 PM PST

Affin Investment Bank raised its call on oil and gas services firm Petra Energy Bhd to "add" from "reduce", citing stronger earnings growth from its recently acquired service contracts.

The research house lifted its earnings forecast for the financial years of 2013 and 2014 by 23.9 percent and 38.3 percent after pencilling in profit contributions from the Kapal, Banang, Meranti (KBM) risk service contract and the Gumusut-Kakap offshore service contract.

Affin also revised Petra Energy's target price to RM1.95 from RM1.62 previously. -- Reuters

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Campaigns race across country as election nears - NBCNews.com

Posted: 04 Nov 2012 08:28 AM PST

good day. breaking news as both campaigns blaze across the country three days before election day . we've got some live pictures. take a look out of wisconsin where president obama is preparing to speak before a ton of reporters in milwaukee. the president won wisconsin in 2008 with 56% of the vote in that state . this time around, the campaign, though, admits the state could be in play with congressman paul ryan on the gop ticket. we'll bring you the president's remarks live from milwaukee as soon as they get things started there.

>>> and after weeks of polls that put the race up in the air, there are signs the president is solidifying a top position in the race. take a look at this. two new nbc news " wall street journal " polls, pairist polls shows the president holding on to a six-point lead in ohio . you know the importance of that state by now. and two points ahead of governor romney in florida . but within the margin of error. also, early voting in florida ends today after the number of early voting days in that state is cut by half this year. 25 million people have already voted early in 34 states and washington, d.c.

>>> and back to the frenetic pace on the campaign trail. both candidates have already held rallies in new hampshire, iowa, and wisconsin .

>> you do want to be able to trust your president. you want to know -- you want to know that -- that your president means what he says and says what he means. after four years of president, you know me. you may not agree with every decision i have made. you may at times have been frustrated by the pace of change, but you know what i believe. you know where i stand.

>> made a lot of promises, but those promises he couldn't keep. and the difference between us , he made promises he couldn't keep. i'm making promises i have kept and i will keep them for the american people . i have a clear and unequivocal message, and that is america is about to come roaring back. [ cheering ]

>> joining me now, " washington post " columnist and msnbc analyst eugene robinson , marc caputo and mark murray . thank you so much, gentlemen, for joining. i got to bring eugene in because he is right here and i have the pleasure of sitting alongside. when we heard or i heard governor romney say we're roaring back, i instantly thought of the auto bailout, the auto industry . how many times we heard on the campaign trail from obama and others saying gm is roaring back. and i thought, wow, it all goes back to ohio and that auto bailout which was unpopular at the time, and now here we are.

>> right. so one of the big questions is will mitt romney kind of blur the lines on the auto bailout sufficiently to gain a little ground in ohio ? because that is a huge issue in that state . and arguably, we could be saying wednesday that that issue won the state for president obama and that it won reelection for president obama .

>> do you think we're talking too much about ohio ? listen, you've got the romney campaign saying they're looking at pennsylvania, minnesota, that they perhaps have some traction there. and we know the new numbers in florida . we'll talk with marc about that throe show at least a difference in polls from the nbc marist poll and local polls show romney is up more than we're indicating.

>> first of all, i think both sides genuinely think they're going to win or certainly think they have a great chance of winning. that said, pennsylvania has always been fool's gold for republicans. it looks tempting at the end. they might go for it.

>> sounds good on paper.

>> but they don't get it. now if the new nbc marist poll is correct about florida , florida can decide it before we even, you know, do the late-night counting of the absentee ballots out of cleveland. i mean because florida , if that goes for president obama , that's pretty much the story, i think.

>> mr. caputo, let me bring new you've in on this. the poll shows two point ahead for governor romney in florida , that within the margin of error. my team and i were struck with looking at the lines of people early voting in that state today.

>> well, those lines are really going to be the indication of how this campaign is going to go. we've had gangbusters early voting turnout in florida . about two million people in a week. because of early voting , democrats have an edge and ballots cast of about 104,000 over republicans. republicans usually do well at mail and absentee ballots . democrats dominate early voting . but guess what? the legislature, rick scott shortened the early voting days. and relative to the early voting hours we had in 2008 in south florida , they essentially cut them by 22% or about 24 hours . so it's going to make a difference. what we're going to see on election day now is a lot of those folks who probably would have early voted, they're going to show up on election day and cast ballots. so the question is how many of these people are actually voting for obama ? how many are voting for romney ? obviously we don't know. indications are from our poll is that romney is winning the key demographic or the key swing voters or the key swing state , and that's the independent voters. he is marginally winning them. he is also doing well with north florida democrats, certain crossover democrats, rural democrats. he pulls about 16% of them on our poll, where as obama only pulls about 5% republican support. so that crossover appeal so to speak of romney 's in florida and the independent edge that he appears to have is making a difference. but good campaigns can change polls. they're not changed by polls. and the question is who turns out their voters and who does it best. we're going to find out today. today is the last day of early voting . and then on tuesday that's when the ball game is.

>> mark murray , let me bring you in. both men have these op-eds in "the wall street journal ." we have the headlines. real progress, but we're not done. that's from the president. and governor romney , a new direction for america. what are your thoughts on just the headlines alone, not even the content of the op-ed itself. but those two different headlines.

>> well, right. they're actually two different realities. actually, when you look in all the polls, it doesn't matter what it is. democrats seem to be a whole lot more optimistic about the country's direction, or people who are actually planning to vote for obama are more optimistic. people who are more pessimistic, republican voters are the republicans. and so you end up having this dichotomy, or in some respects it actually almost has a 50/50 split which is actually mirrored by a lot of the national polls that show this contest to be incredibly close. i would say, and when you actually add the economic data we saw on friday from the jobs report, mitt romney 's task is a little bit harder because he is actually saying, look, this has been a rough last four years, and it's time to actually good days are ahead, but the argument when you actually look at all the statistics that are out there, things are moving in the right direction as far as things are much better than they were four years ago, and even if mitt romney ends up winning the presidency on tuesday, he will end up inheriting a much better economy than president obama did four years ago.

>> that's interesting, eugene. several months ago there was an article that said insiders in the obama team were mortified at the thought that if governor romney wins the white house , that he would get credit for the recovery put in place by actions and decisions made by them.

>> absolutely. that's exactly what would happen. and there is nothing anybody can do about it. the sitting president is going to get credit for the good and the bad. look, governor romney promises to add 12 million jobs in his first term. most economists believe that given the direction of the recovery, if it picks up as expected, we're going the gain 12 million jobs anyhow in the next four years. so most agree that the economy is going to get better, and whoever is president is going to get the credit.

>> let me talk to you a little bit about speaking of getting credit, the response to sandy . part of the president -- and gentlemen, you can all take a look, as well as folks at home. president obama went to fema and washington, d.c. this morning. and this is what he had to say regarding the response to sandy . let's play it.

>> leaders of different political parties working together to fix what is broken. [ applause ] now it's a spirit that says no matter how bad a storm is, no matter how tough times are, we're all in this together. we rise or fall as one nation and as one people.

>> if we can pull up the marist poll, the nbc " wall street journal ," the president's response to sandy . 73% approve in ohio . 70% out of florida . marc caputo, let me bring you in because 70% of the people in the home state of yours approve of his handling. will that have an impact on perhaps not early voter, but on tuesday those who look back and may have heard comments from the republican primary that were made by governor romney regarding fema. we know fema is still popular in that state for the obvious reasons.

>> i think it would. florida is a big state . we're a tv state . our electorate makes its decisions largely on what they see on television, not what they read in the newspaper or on the internet. the coverage for a while before, during and after sandy , especially after sandy has been very favorable to president obama . you would think that's going to help, and it's still going on. having chris christie as a de facto unintentional surrogate doesn't seem to hurt obama one bit. it probably seems to help him.

>> what is so interesting, you said chris christie , de facto endorser of obama . you've got this new article exclusive from politico saying there were people on governor romney 's team who believed that chris kri city was the vp choice almo until tery ending, and surprise it's ryan. isn't the timing interesting?

>> it's a little too interesting. look, there are two ways to react. governor christie says i'm doing my job. the president is doing his job. we're working together and i'm being honest. you have to respect that. look at two different examples. haley barbour who went through katrina in mississippi says that's absolutely what governor christy ought to say, he is doing what he has to do and get off his back. and you have the underground voices of the romney campaign who were taking a different tack and kind of sniping at christie at different angles, in a fit of pique basically.

>> you can't really blame them. this is game theory . you choose a, i choose b. if my guy looks like he is helping you, even if he is not truly helping you, and appearance has a tendency to be a reality, i don't blame the romney folks for being a little piqued or po'ed.

>> you may not blame them, but for showing it. some of the conservatives who backed governor romney showing that they were quite irritated with this and rather take the high road , knowing that all eyes are on this storm and the response. so marc, looking at these numbers, 73% of the folks in ohio , who already approved the bailout and now approve the president's response to sandy , what do we make of that when you couple it with the chris christie hug heard around the world it seems. we can't stop talking about it.

>> the final full week of the campaign was a very good one for president obama . it gave him a lot of momentum heading into the final stretch. not only did he get that hug from chris christie , people end up proving his response to hurricane sandy . there were a slew of battleground state polls including in ohio that showed obama ahead. there did seem to be momentum that he had had. and i think most importantly when you actually look back at hurricane sandy , and of course we don't know how election night is going to turn out, but it did freeze the romney campaign in place. and there wasn't a lot of talk of mitt romney for two or three weeks. he was the candidate who had the momentum. he was beginning to make his closing argument . and then hurricane sandy hit, and it froze that. and then the campaign began just a couple of days later.

>> which is interesting, marc, because you often hear, and i want all of you to comment on this. any sport they say you don't want to peak too soon. with the unknown variable of the storm allowing the president to peak at this time, you do wonder without sandy , where would this race be tonight?

>> you mean this is like one of the football games where the last team with the ball wins essentially?

>> well, the overtime stats, the person with the first touch on the ball wins most of the time.

>> if you take that metaphor further, though, it's because people are looking for answers, and they're looking for solutions. and they want to believe in something. they want to be in somebody. it may be the last candidate with the football wins.

>> i do wonder in florida , most polls agree that romney is nominally up, and he is up almost in all of the surveys, or a majority of them among independents. again, that makes a huge difference. in the end, our state has a higher home foreclosure rate, a higher unemployment rate than the rest of the nation. yeah that.

>> see this stuff on television. but in the end, the race is going to come down to jobs and a lot of folks are going to make a decision on that. and the race comes down now to who turns out the base. i would not underestimate the romney campaign in florida . they've got a very good team and they're doing a good job. they're staying close to president obama , who in 2008 just slaughtered the republicans in early vote . it's not happening now, albeit president obama is still up.

>> mark murray , marc caputo, ewe gene robinson , thank you so much for having all you

Falling temps add to urgency of Sandy recovery - CBS News

Posted: 04 Nov 2012 08:44 AM PST

Last Updated 11:25 a.m. ET

NEW YORK Falling temperatures on Sunday put more people at risk in a region already battling gasoline shortages, stubborn power outages and spasms of lawlessness in the wake of Superstorm Sandy.

With overnight temperatures in the 30s and nearly a million people still without power in the area, New York City opened warming shelters in areas without power and Mayor Michael Bloomberg urged older residents without heat to move to them. The city also was handing out 25,000 blankets to residents who insist on staying in powerless homes.

47 Photos

Fixing NYC's subway after Sandy

"So please," Bloomberg said, "I know sometimes people are reticent to take advantage of services. The cold really is something that is dangerous."

On Sunday morning New York Gov. Andrew Cuomo said cold temperatures will leave "tens of thousands" of people whose homes have been damaged by Sandy needing other places to live.

He said "it's going to become increasingly clear" that homes without heat are uninhabitable as temperatures drop. He said that means that residents who have been reluctant to leave their homes will have to, and that they'll need housing.

Bloomberg said the city expects that it will have to find housing for 30,000 to 40,000 people.

He also said that resolving gas shortages could take days.

The U.S. death toll from the storm is currently 107, including 41 in New York City. More than 2.2 million customers in several states remained without power days after Sandy came ashore.

About 875,000 still don't have electricity in the New York metropolitan area, including about 460,000 on Long Island.

Lines curled around gas stations for many blocks all over the stricken region, including northern New Jersey, where Gov. Chris Christie imposed rationing that recalled the worst days of fuel shortages of the 1970s. Queues of honking cars, frustrated drivers and people on foot carrying containers were just the latest testament to the misery unleashed by Sandy.

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Jersey shore communities frozen in time by Sandy

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Good Samaritans bring relief to Staten Island

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New Jersey gets new rules for filling up on gas

"I spoke with many people who were worried and frustrated and cold," Bloomberg said after a visit to the Rockaways in Queens. "There is no power there and temperatures are dropping. Even those who have generators are having a hard time getting fuel."

"It's chaos; it's pandemonium out here," said Chris Damon, who had been waiting for 3 ? hours at a site where the National Guard was giving out free gas in an effort to alleviate the situation. "It seems like nobody has any answers."

After at least 10 arrests for line jumping on Friday, the police presence at stations with gas lines was increased Saturday. Still, there was one arrest for disorderly conduct at the armory in Brooklyn, where free gasoline was being distributed.

With fuel deliveries cut off by storm damage and many metropolitan-area gas stations lacking the electricity needed to operate their pumps, drivers waited in line for hours for a chance at a fill-up, snapping at each other and honking their horns in frustration.

At a gas station in Mount Vernon, N.Y., north of New York City, 62 cars were lined up around the block Sunday morning even though it was closed and had no fuel.

"I heard they might be getting a delivery. So I came here and I'm waiting," said the first driver in line, Earl Tuck. He had been there at least two hours by 9 a.m., and there was no delivery truck in sight. But he said he would stick it out.

The cashier at the station, Ahmed Nawaz, said he wasn't sure when the pumps might be running again. "We are expecting a delivery. But yesterday we weren't expecting one, and we got one. So I don't know," he said.

Bloomberg said that resolving the gas shortages could take days. Across northern New Jersey, Gov. Chris Christie imposed odd-even gas rationing that recalled the gasoline crisis of the 1970s.

About 80 percent of New York City's subway service has been restored.

Fears about crime, especially at night in darkened neighborhoods, persisted. Officers in the Midland Beach section of Staten Island early Saturday saw a man in a Red Cross jacket checking the front doors of unoccupied houses and arrested him on a burglary charge. After complaints about people posing as utility workers to gain access to people's homes, police on Long Island reminded residents that most repair work will be done outside so legitimate workers usually have no need to enter a home.

New York City's parks also reopened Saturday, and with Sunday's marathon canceled, many of the runners who had come to town for the race worked out their frustrations with a jog through Central Park.

"A lot of people just want to finish what they've started," said Lance Svendsen, organizer of a group called Run Anyway.

Some of those who were planning to run the 26.2-mile race through the city streets instead headed to hard-hit Staten Island to help storm victims. A Facebook page invited runners to meet Sunday in the park and encouraged marathoners to bring food, clothes or money to donate to storm victims.

To help victims of Sandy, donations to the American Red Cross can be made by visiting Red Cross disaster relief, or you can text REDCROSS to 90999 to make a $10 donation.

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Obama and Romney tied three days before election: Reuters/Ipsos poll - Reuters

Posted: 03 Nov 2012 09:29 AM PDT

David Ewing hangs a piece of campaign literature on a door knob as he canvasses for U.S. President Barack Obama in Portsmouth, New Hampshire November 3, 2012. REUTERS/Jessica Rinaldi

WASHINGTON | Sat Nov 3, 2012 12:27pm EDT

(Reuters) - President Barack Obama and Republican challenger Mitt Romney remain essentially tied in the race for the White House three days before the November 6 election, according to a Reuters/Ipsos daily tracking poll released on Saturday.

Of likely voters polled nationally, 47 percent said they would back Obama, the Democratic incumbent, while 46 percent said they would back Romney, the former Massachusetts governor.

The results fall within the poll's credibility interval, a tool used to account for statistical variation in Internet-based polls.

The two men have been locked in a tight race for weeks. Both are doing final swings in battleground states over the weekend, trying to sway a small group of remaining undecided voters and to encourage their supporters to get to the polls.

The precision of the Reuters/Ipsos online polls is measured using a credibility interval, which in this case is plus or minus 3.4 percentage points for likely voters.

Long gas lines test patience of storm-struck residents - CNN

Posted: 03 Nov 2012 08:46 AM PDT

People are standing in line at the only gas station operating outside of the Holland Tunnel.
People are standing in line at the only gas station operating outside of the Holland Tunnel.
STORY HIGHLIGHTS
  • NEW: The feds will bring in 12 million gallons of unleaded gas to hard-hit areas
  • NEW: New Jersey sets up a system linking license plate, to day gas is pumped
  • Some New York, New Jersey residents waited over four hours to fill up cars, gas cans
  • Those with mobile devices used Twitter for real-time information on gas lines

Tune in to CNN Newsroom Saturday at 4:30 p.m. ET to see the best iReports from Superstorm Sandy. Experience the storm as it happened through the eyes of iReporters, and see how people are trying to rebuild their lives.

(CNN) -- In Brooklyn, a woman pushed a small grocery cart with a single bag inside. In it, a precious possession shielded from prying eyes: a red can filled with gasoline.

In the wake of Superstorm Sandy, gasoline might as well be gold.

"It has become a hot commodity, so we didn't want to risk it," she said.

With lines snaking for blocks -- miles, even -- outside gas stations in New York and New Jersey, tensions occasionally flared as people waited for the chance to to pump gas into cars or gas cans.

"The situation is hectic," said Terry Landers, a CNN iReporter in Lebanon, New Jersey. "Many gas stations are either out of gas or (will be) soon."

The demand is high, and the fuel isn't just for empty car tanks. Many people still have no electricity and are using gasoline-powered generators, adding to the demand.

Temperatures drops, tempers rise in power outage

"As word spreads that somewhere has gas, there are (lines of) cars as long or longer than the one in my video," Landers said.

Federal and state authorities acted on two fronts Friday to address the issues -- both to bring more fuel to the area, and to more fairly distribute what is already there.

At President Barack Obama's direction, the Defense Logistics Agency will buy up to 12 million gallons of unleaded fuel and up to 10 million gallons of diesel that will be moved on tanker trucks to replenish stocks in New York, New Jersey and other areas experiencing severe gas shortages.

In order to ration and decrease wait times, New Jersey Gov. Chris Christie signed an executive order Friday tying whether a driver gets gas to his or her license plate number. It goes into effect in 12 counties at noon Saturday.

On days that end in even numbers -- such as November 4, 6 or 8 -- gas station operators can sell gas to only those with license plates with a last digit that is even. On odd-digit days, such as November 3, only those with plate numbers ending in an odd number or those with specialty plates can get gas. In New Jersey, only station attendants can pump gas.

"This system will ease the strain on those gas stations still operating, while we work to bring more online for the public to access fuel, in a manner that is fair, easy to understand and less stressful," Christie said.

7 health risks after Sandy

Mariangel Javier, who is nine months pregnant, said she had been waiting for more than five hours to fill up at a gas station in Union City, New Jersey. She had used what little gas she had left to drive to her last doctor's appointment.

"But I didn't find out until I got there that they didn't have power either, so now I need gas to get back home," she said.

The gas station's manager, Favhan Javed, has been working day and night alongside his staff to keep the station running and was confident that Javier would be able to fill up.

"I even stay until after midnight for my friends who are taxi and limousine drivers, because they have to feed their families, too," he said.

For the most part, people have remained remarkably cool. As a precaution, police are helping to keep the lines in order at some gas stations.

In other areas, there was a sense of organized chaos that sometimes veered more toward disorder.

At a station in Queens, New York, police arrested a man early Thursday after he cut in line and then pulled out a gun when he was challenged by other residents.

Sandy roared ashore Monday night, knocking out power to millions of people, and flooding mass transit systems across the Northeast. Three days later, more than 1 million people in New York and 1.4 million in New Jersey are still without power.

Powerless in New Jersey

The demand for gasoline is only going to rise, with New York's subway system still out of commission -- meaning more people are forced to travel by car -- and a forecast of cold weather for New York and New Jersey this weekend.

Most major gas station chains, from ExxonMobil to Hess, were experiencing disruptions. In fact, some 60% of gas stations tracked by AAA in New Jersey were not operational, according to the motorist group. In New York's Long Island, that figure was 65%.

Economic impact of gas shortages

CNN's Christine Romans explained that a lot of the closed gas stations simply don't have electricity to operate their pumps, while others cannot get gasoline delivered to the station from the refinery because of blocked roads or other logistical problems created by the storm.

And even with government efforts to address the problems, gas shortages could stretch "though the weekend and into the next," according to Matt Smith, an analyst for Summit Energy.

To cope with the overwhelming demand, some stations limited their services to emergency vehicles only. Other stations only provided gas for people's gas cans, and not their cars. Many gas stations set limits to how much gas each person could pump: maybe $20, or maybe $50.

Desperate residents -- who at least had enough power to charge their mobile devices -- used social media to try to avoid long lines or empty gas stations.

Twitter users in New Jersey created the hashtags #njgas and #njopen to provide real-time information on open gas stations, the length of the line, and any restrictions.

"Bp gas on French street near jersey ave in New Brunswick is open and line is less than 30 minutes," tweeted @johnnymatson.

"This guy turned a blocked driveway into a business opp for those of us in line for gas," tweeted @AmyMJ2, along with an Instagram picture of a man smiling behind a table with two coffee dispensers.

Some Twitter messages revealed that red gas cans were quickly becoming just as scarce as gasoline itself.

Others offered some humorous perspective on the situation: Charles Leone, offered this: "Some perspective. The NYC marathon winner will run the marathon in less time than the average (gas) lines."

In the end, NY marathon didn't feel right

CNN's Susan Candiotti, Aaron Smith and Cindy Rodriguez contributed to this report.

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